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Published by Princeton University Press, 2010
ISBN 10: 0691137161 ISBN 13: 9780691137162
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Language: English
Published by Princeton University Press, 2010
ISBN 10: 0691137161 ISBN 13: 9780691137162
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Language: English
Published by Princeton University Press, 2016
ISBN 10: 0691173699 ISBN 13: 9780691173696
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Condition: Very Good. [ No Hassle 30 Day Returns ][ Ships Daily ] [ Underlining/Highlighting: NONE ] [ Writing: NONE ] [ Edition: First ] Publisher: Princeton University Press Pub Date: 8/2/2016 Binding: Paperback Pages: 294 First edition.
Language: English
Published by Princeton University Press, Princeton, N.J., 2011
ISBN 10: 0691137161 ISBN 13: 9780691137162
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Language: English
Published by Princeton University Press, 2016
ISBN 10: 0691173699 ISBN 13: 9780691173696
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Language: English
Published by Princeton University Press, 2016
ISBN 10: 0691173699 ISBN 13: 9780691173696
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Language: English
Published by Princeton University Press, 2016
ISBN 10: 0691173699 ISBN 13: 9780691173696
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Language: English
Published by Princeton University Press, 2016
ISBN 10: 0691173699 ISBN 13: 9780691173696
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Language: English
Published by Princeton University Press, 2016
ISBN 10: 0691173699 ISBN 13: 9780691173696
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Language: English
Published by Princeton University Press, 2016
ISBN 10: 0691173699 ISBN 13: 9780691173696
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Language: English
Published by Princeton University Press, 2016
ISBN 10: 0691173699 ISBN 13: 9780691173696
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Published by The Penguin Group, New Delhi, India, 2011 (first published in this edition), 2011
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Published by Oriental Press; 1 edition (October 1. 2011), 2011
ISBN 10: 7506043149 ISBN 13: 9787506043144
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paperback. Condition: New. Paperback Pages Number: 207 Language: Simplified Chinese Publisher: Oriental Press; 1 edition (October 1. 2011). The truth of economics: beyond the invisible hand economists think about most of the important economic theory and policy problem the way a fundamental challenge. This book is the writing for economists and educated professionals. The invisible hand theory is the classical theory of liberal economics in Western economics. The truth of economics: Beyond the invisible hand of titles .
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Paperback. Condition: Brand New. reprint edition. 273 pages. 9.00x6.25x0.75 inches. In Stock. This item is printed on demand.
Language: English
Published by Princeton University Press, 2016
ISBN 10: 0691173699 ISBN 13: 9780691173696
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Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Why economics needs to focus on fairness and not just efficiencyOne of the central tenets of mainstream economics is Adam Smith's proposition that, given certain conditions, self-interested behavior by individuals leads them to the social good, almost as if orchestrated by an invisible hand. This deep insight has, over the past two centuries, been taken out of context, contorted, and used as the cornerstone of free-market orthodoxy. In Beyond the Invisible Hand, Kaushik Basu argues that mainstream economics and its conservative popularizers have misrepresented Smith's insight and hampered our understanding of how economies function, why some economies fail and some succeed, and what the nature and role of state intervention might be. Comparing this view of the invisible hand with the vision described by Kafka-in which individuals pursuing their atomistic interests, devoid of moral compunction, end up creating a world that is mean and miserable-Basu argues for collective action and the need to shift our focus from the efficient society to one that is also fair.Using analytic tools from mainstream economics, the book challenges some of the precepts and propositions of mainstream economics. It maintains that, by ignoring the role of culture and custom, traditional economics promotes the view that the current system is the only viable one, thereby serving the interests of those who do well by this system. Beyond the Invisible Hand challenges readers to fundamentally rethink the assumptions underlying modern economic thought and proves that a more equitable society is both possible and sustainable, and hence worth striving for.By scrutinizing Adam Smith's theory, this impassioned critique of contemporary mainstream economics debunks traditional beliefs regarding best economic practices, self-interest, and the social good.