Description: About this Item The item is a book Paperback The Author Name is Kaushik Basu The Title is Beyond the Invisible Hand : Groundwork for a New Economics Condition New Other Comments Pages Count - 296. Category - Business & Economics Product Description - One 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. We Use Stock Images Because we have over 2 million items for sale we have to use stock images, this listing does not include the actual image of the item for sale. The purchase of this specific item is made with the understanding that the image shown in this listing is a stock image and not the actual item for sale. For example: some of our stock images include stickers, labels, price tags, hyper stickers, obi's, promotional messages, signatures and or writing which may not be available in the actual item. When possible we will add details of the items we are selling to help buyers know what is included in the item for sale. The details are provided automatically from our central master database and can sometimes be wrong. Books are released in many editions and variations, such as standard edition, re-issue, not for sale, promotional, special edition, limited edition, and many other editions and versions. The Book you receive could be any of these editions or variations. If you are looking for a specific edition or version please contact us to verify what we are selling. Gift IdeasThis is a great Christmas gift idea. Hours of ServiceWe have many warehouses, some of the warehouses process orders seven days a week, but the Administration Support Staff are located at a head office location, outside of the warehouses, and typically work only Monday to Friday. Location ID 9000z iHaveit SKU ID 167347606
Price: 39.58 USD
Location: US
End Time: 2025-01-21T11:16:37.000Z
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Return shipping will be paid by: Buyer
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Refund will be given as: Money Back
Fiction/Non-Fiction: Non-Fiction
Genre/Subject: Business Economics
Brand: Princeton University Press
Weight: 0.45
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Title: Beyond the Invisible Hand Groundwork for a New Economics
Release Title: Beyond the Invisible Hand Groundwork for a New Economics
Record Grading: New
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Film/TV Title: Beyond the Invisible Hand Groundwork for a New Economics
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Movie/TV Title: Beyond the Invisible Hand Groundwork for a New Economics
UPC: 9780691173696
EAN: 9780691173696
ISBN: 9780691173696
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Number of Pages: 296 Pages
Publication Name: Beyond the Invisible Hand : Groundwork for a New Economics
Language: English
Publisher: Princeton University Press
Publication Year: 2016
Item Height: 0.8 in
Subject: Economic History, Economics / General, Public Policy / Economic Policy, Economics / Theory
Type: Textbook
Item Weight: 16 Oz
Author: Kaushik. Basu
Subject Area: Political Science, Business & Economics
Item Length: 9.2 in
Item Width: 6.1 in
Format: Trade Paperback
