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Lawrence H. Officer is a Professor in the Department of Economics at the University of Illinois at Chicago. Among his many publications are three other books published by Palgrave: A New Balance of Payments for the United States, 1790-1919 (2021); Everyday Economics (2009); and Two Centuries of Compensation for U.S. Production Workers in Manufacturing (2009). This book is the culmination of and a collection of distinguished scholar Lawrence Officer's principal research over 50 years of scholarly activity. The collection consists primarily of three topics on which the author has spent the major part of his research: purchasing power parity, standard of living, and monetary standards. There is also a unique chapter on economics and economic history in science fiction. This volume is ideal for academics, graduate and undergraduate students, and practitioners.

Macroeconomics --- World history --- macro-economie --- economische geschiedenis --- Economic history. --- Purchasing. --- Cost and standard of living.

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This book, set out over three-volumes, provides a comprehensive history of economic thought in the 20th century with special attention to the cultural and historical background in the development of theories, to the leading or the peripheral research communities and their interactions, and finally to an assessment and critical appreciation of economic theories.Volume II addresses economic theory in the period between the two world wars in which the economic theory went through a process of criticism of old mainstream, deconstruction and reconstruction and theoretical ferment which involved the intellectual communities of economists emphasizing their nature of evolving interacting entities.This work provides a significant and original contribution to the history of economic thought and gives insight to the thinking of some of the major international figures in economics. It will appeal to students, scholars and the more informed reader wishing to further their understanding of the history of the discipline.

Quantitative methods (economics) --- Methodology of economics --- Economic schools --- World history --- History --- geschiedenis --- economische geschiedenis --- econometrie --- Economic history

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The purpose of this book is three-fold. The first purpose is to posit that the fundamental substance of the universe is energy, and that energy is required (consumed) for any material transformation, or information transmission. The labor theory of value, articulated by the physiocrats and elaborated by Adam Smith, David Ricardo, J.B. Say and Karl Marx was a rough first approximation of the value creation process, in the 17th and 18th centuries, but is now obsolete. Labor is now (mostly) performed by machines, not by humans (or animals). The second aim of the book is to argue that the economy is a living (open) system -- an “island of order” –that exists far from both thermodynamic and economic equilibrium. Order is achieved by dissipating a flux of exergy. Economists frequently emphasize the equilibrium assumption, introduced originally by Leon Walras in 1854. But in reality, biological systems and human social systems are dissipative cycles, far from both thermodynamic equilibrium, and economic equilibrium, yet stable and capable of evolution, driven by the solar exergy flux. The third aim of the book is to re-emphasize, that – being open – the economic system cannot be regarded as a collection of individual competitive utility-maximizing transactions. There are, increasingly, important possibilities for cooperation instead of competition. Moreover third party effects, both “bads” (externalities) and the “public good” (happiness) – need to be incorporated into the socio-economic decision making process.

Theory of knowledge --- Methodology of economics --- Economic schools --- Economics --- World history --- History --- intellectuele ontwikkeling --- economie --- geschiedenis --- economische geschiedenis --- History.

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"In this collection of essays, Mats Lundahl offers an erudite exposé of twelve Swedish economists who conceived of economics as a broad social science and ventured outside the ivory tower. By presenting key parts of their work that are only available in Swedish, this book not only fills some gaps in the picture of the history of Swedish economics, it also inspires new generations of economists to communicate their findings outside their narrow circle of specialists." - Magnus Henrekson, Professor of Economics and Senior Research Fellow at the Research Institute of Industrial Economics (IFN), Stockholm "In this book, we learn about 12 Swedish economists. Heckscher, Ohlin, and Myrdal are world famous - others are talents deserving wider recognition. Mats Lundahl brings them all to life in an excellent overview." -Karl Ove Moene, Professor of Economics, University of Oslo "Mats Lundahl is a master of biographical essays. In Twelve Figures in Swedish Economics he provides new material on Eli Heckscher and Bertil Ohlin and also presents ten more economists. His personal style makes the reading a great pleasure at the same time as you learn a lot both about the individuals and their subjects." -Bo Sandelin, Professor Emeritus of Economics, University of Gothenburg This book explores the development of economic thought in Sweden through some of the people who shaped it. The book highlights both some of the well-known contributions and some overlooked areas of research. It begins with the origins of the pioneer neoclassical Heckscher-Ohlin theorem and Gunnar Myrdal 's circular, cumulative approach to economic development. Secondly, it focuses on a number of economists related to the Industrial Institute of Economic and Social Research: Ingvar Svennilson, Axel Iveroth, Jan Wallander, Erik Höök, Villy Bergström and Rolf Henriksson. Finally, it offers portraits of three economists from Lund University: Bo Södersten, Ingemar Ståhl and Göte Hansson. The work of all of them is placed within the context of the contemporary academic and public economic debate. This book aims at providing a perspective on the legacy of the Swedish tradition in economics and will be relevant to students and academics interested in the history of economic thought. Mats Lundahl is Professor emeritus of Development Economics at the Stockholm School of Economics, where he held his chair between 1987 and 2013.

Politics --- Macroeconomics --- Methodology of economics --- Economic schools --- Economics --- World history --- History --- economie --- geschiedenis --- politiek --- macro-economie --- economische geschiedenis --- Economics. --- Economists

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This book, the first of two volumes, explores the legacy of Trevor Winchester Swan, often described as Australia's greatest ever economist. An insightful biography is accompanied with Swan's most prominent articles to provide a broad view of his life and work. Particular attention is given to the famous Swan Diagram, known among macroeconomists worldwide, Swan's four zones of economic unhappiness, his view of how economies grew based on capital deepening and technical progress, and the Solow-Swan model of economic growth. This book aims to shed light on the enigmatic and influential life of Trevor Winchester Swan. It will be relevant to students and researchers interested in the history of economic thought. Peter Swan is Professor of Banking and Finance at the University of New South Wales (UNSW) Business School, Australia.

Politics --- Macroeconomics --- Methodology of economics --- Economic schools --- Foreign trade. International trade --- Economics --- World history --- History --- economie --- geschiedenis --- politiek --- wereldpolitiek --- wereldeconomie --- macro-economie --- economische geschiedenis --- internationale economie --- Economics. --- Economists.