Comparative Economic Systems: Culture, Wealth, and Power in the 21st Century by

Description: Comparative Economic Systems by Steven Rosefielde Comparative Economic Systems: Culture, Wealth and Power in the 21st Century explains how culture, in various guises, modifies the standard rules of economic engagement, creating systems that differ markedly from those predicted by the theory of general market competition. FORMAT Hardcover LANGUAGE English CONDITION Brand New Publisher Description Comparative Economic Systems: Culture, Wealth and Power in the 21st Century explains how culture, in various guises, modifies the standard rules of economic engagement, creating systems that differ markedly from those predicted by the theory of general market competition. This analysis is grounded in established principles, but also assumes that individual utility seeking may be culturally determined, that political goals may take precedence over public well being, and that business misconduct may be socially detrimental. Back Cover Comparative Economic Systems: Culture, Wealth, and Power in the 21st Century explains how culture, in various guises, modifies the standard rules of economic engagement, creating systems that differ markedly from those predicted by the theory of general market competition. This analysis is grounded in established principles, but also assumes that individual utility seeking may be culturally determined, that political goals may take precedence over public well-being, and that business misconduct may be socially detrimental. The book clarifies conceptual misunderstandings about the comparative merit of free competition and perfect governance, showing in many cases how the same results are attainable using either mechanism, or by combining them. It illuminates why engineering variables such as the quantity and quality of fixed and variable inputs, management, entrepreneurship, technological progress, and economic governance do not adequately explain disorders like the increasing poverty of the worlds poorest nations. End-of-chapter questions and an extensive glossary enhance the books utility and enable readers to fully comprehend the key features of each chapter. Flap Comparative Economic Systems: Culture, Wealth, and Power in the 21st Century explains how culture, in various guises, modifies the standard rules of economic engagement, creating systems that differ markedly from those predicted by the theory of general market competition. This analysis is grounded in established principles, but also assumes that individual utility seeking may be culturally determined, that political goals may take precedence over public well-being, and that business misconduct may be socially detrimental. The book clarifies conceptual misunderstandings about the comparative merit of free competition and perfect governance, showing in many cases how the same results are attainable using either mechanism, or by combining them. It illuminates why engineering variables such as the quantity and quality of fixed and variable inputs, management, entrepreneurship, technological progress, and economic governance do not adequately explain disorders like the increasing poverty of the worlds poorest nations. End-of-chapter questions and an extensive glossary enhance the books utility and enable readers to fully comprehend the key features of each chapter. Author Biography Steven Rosefielde is Professor of Economics at the University of North Carolina and a member of the Russian Academy of Natural Sciences. He is actively involved in economic systems and global security research with the American, Russian, Swedish, and Japanese governments. He is the author of five books, and over 150 articles published in periodicals such as the Wall Street Journal, Slavic Review, Journal of Comparative Economics, Europe-Asia Studies, European Economic Review, and the American Economic Review. Table of Contents Preface. Glossary. Introduction. Part I: Systems. 1. Comparative Economic Systems. 2. Classification and Principles. 3. Culture, Politics and Ethics. 4. Power. Part II: Perfect Economic Mechanisms. 5. Perfect Competition. 6. Perfect Governance. Part III: Great Powers. 7. America. 8. Continental Europe. 9. Japan. 10. China. 11. Russia. 12. Transition. 13. Comparative Potential. Part IV: Performance. 14. Measurement. 15. Global Performance. Part V: International Relations. 16. Security. 17. Military Balance. 18. Interplay. Review "Now that the transition is over, Professor Steven Rosefielde is bringing back a new and improved version of comparative economic systems, one that treats culture, politics, and business misconduct explicitly in a market context. Rosefieldes approach is original and sophisticated, producing a theoretically rigorous text still accessible to the advanced undergraduate student. Students will learn a large amount of economic theory and come to appreciate the variety of economic systems and the sources of that variety. This is a signal accomplishment by a serious scholar and student of comparative economics." James Millar, George Washington University "This book is an outstanding text to acquaint students with the differences among the worlds major economic systems. Its author is one of the best-informed and most careful scholars in the field." Quinn Mills, Harvard Business School "Thisis an ambitious and innovative work that rigorously and successfully addresses a question that economists often and mistakenly ignore: namely, how do ethics, culture, and politics affect the operation of core economic principles and the relative performance of the major economic systems in the global economy?"Charles Wolf, RAND "Rosefielde provides a forward-looking text that is firmly grounded in the fundamentals of comparative economics but that seizes fully the opportunities offered to the field by the end of the cold war. This is a text that can make comparative economic systems a "must-take" course for every undergraduate and a "must-offer" course for every economics department." Josef C. Brada, Arizona State University Long Description Comparative Economic Systems: Culture, Wealth, and Power in the 21st Century explains how culture, in various guises, modifies the standard rules of economic engagement, creating systems that differ markedly from those predicted by the theory of general market competition. This analysis is grounded in established principles, but also assumes that individual utility seeking may be culturally determined, that political goals may take precedence over public well-being, and that business misconduct may be socially detrimental. The book clarifies conceptual misunderstandings about the comparative merit of free competition and perfect governance, showing in many cases how the same results are attainable using either mechanism, or by combining them. It illuminates why engineering variables such as the quantity and quality of fixed and variable inputs, management, entrepreneurship, technological progress, and economic governance do not adequately explain disorders like the increasing poverty of the worlds poorest nations. End-of-chapter questions and an extensive glossary enhance the books utility and enable readers to fully comprehend the key features of each chapter. Review Text "Now that the transition is over, Professor Steven Rosefielde is bringing back a new and improved version of comparative economic systems, one that treats culture, politics, and business misconduct explicitly in a market context. Rosefieldes approach is original and sophisticated, producing a theoretically rigorous text still accessible to the advanced undergraduate student. Students will learn a large amount of economic theory and come to appreciate the variety of economic systems and the sources of that variety. This is a signal accomplishment by a serious scholar and student of comparative economics." James Millar, George Washington University "This book is an outstanding text to acquaint students with the differences among the worlds major economic systems. Its author is one of the best-informed and most careful scholars in the field." Quinn Mills, Harvard Business School "Thisis an ambitious and innovative work that rigorously and successfully addresses a question that economists often and mistakenly ignore: namely, how do ethics, culture, and politics affect the operation of core economic principles and the relative performance of the major economic systems in the global economy?"Charles Wolf, RAND "Rosefielde provides a forward-looking text that is firmly grounded in the fundamentals of comparative economics but that seizes fully the opportunities offered to the field by the end of the cold war. This is a text that can make comparative economic systems a "must-take" course for every undergraduate and a "must-offer" course for every economics department." Josef C. Brada, Arizona State University Review Quote "Now that the transition is over, Steven Rosefielde is bringing back a new and improved version of comparative economic systems, one that treats culture, politics, and business misconduct explicitly in a market context. Rosefieldes approach is original and sophisticated, producing a theoretically rigorous text still accessible to the advanced undergraduate student. Students will learn a large amount of economic theory and come to appreciate the variety of economic systems and the sources of that variety. This is a signal accomplishment by a serious scholar and student of comparative economics." James Millar, George Washington University"This book is an outstanding text to acquaint students with the differences among the worlds major economic systems. Its author is one of the best-informed and most careful scholars in the field." Quinn Mills, Harvard Business School"This is an ambitious and innovative work that rigorously and successfully addresses a question that economists often and mistakenly ignore: namely, how do ethics, culture, and politics affect the operation of core economic principles and the relative performance of the major economic systems in the global economy?"Charles Wolf, RAND"Rosefielde provides a forward-looking text that is firmly grounded in the fundamentals of comparative economics but that seizes fully the opportunities offered to the field by the end of the cold war. This is a text that can make comparative economic systems a "must-take" course for every undergraduate and a "must-offer" course for every economics department." Josef C. Brada, Arizona State University Feature Uniquely blends an appreciation of the merits of free enterprise with the recognition that no nation fully adheres to its structures. Explains why nations choose different economic systems, how they actually work, and should be optionally managed. Provides a primer for students of international relations interested in the economic foundations of security. Includes data on the comparative economic performance of 174 countries, which shows how differences in systems potential affect the pattern of global economic behaviors. Details ISBN0631229612 Author Steven Rosefielde Short Title COMPARATIVE ECONOMIC SYSTEMS Pages 304 Language English ISBN-10 0631229612 ISBN-13 9780631229612 Media Book Format Hardcover Year 2002 Illustrations 46 Affiliation University of North Carolina Edition 1st Subtitle Culture, Wealth, and Power in the 21st Century DOI 10.1604/9780631229612 UK Release Date 2002-03-19 AU Release Date 2002-03-19 NZ Release Date 2002-03-19 US Release Date 2002-03-19 Publisher John Wiley and Sons Ltd Publication Date 2002-03-19 Imprint Wiley-Blackwell Place of Publication Hoboken Alternative 9780631229629 DEWEY 330.12 Audience Undergraduate Country of Publication United Kingdom We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:12999287;

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