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Producing Prosperity: An Inquiry into the Operation of the Market Process by Ran

Description: Producing Prosperity by Randall Holcombe Estimated delivery 3-12 business days Format Hardcover Condition Brand New Description In this new volume, Randall G. Holcombe argues that economic analysis focuses on the forces that lead to an economic equilibrium, not the forces that produce prosperity. The author argues that looking ahead, economics should build on its past to focus on factors that create an entrepreneurial and innovative economy that is characterized by progress and prosperity. Publisher Description The substantial prosperity that characterizes market economies at the beginning of the twenty-first century is relatively recent in human history. Prior to the Industrial Revolution, economic progress was so slow that people would not have been able to recognize it in their lifetimes, whereas today, economic progress is so much a part of peoples lives that they take it for granted. In this new volume, Randall G. Holcombe argues that economic analysis, as it developed through the twentieth century, relies heavily on concepts of economic equilibrium, and is not descriptive of the dynamic real-world economy that is characterized by economic progress. Even in dynamic settings, economic models focus on income growth, leaving out the entrepreneurial forces that generate economic progress, resulting in the introduction of new goods and services and new production processes. Economic analysis focuses on the forces that lead to an economic equilibrium, not the forces that produce prosperity.This characterization of economic analysis describes a substantial component of economics as it has developed over the past century. However, there are also economists who have analyzed the factors that lead to an entrepreneurial and innovative economy, generating progress rather than equilibrium. This volume does not question the value of past research, but argues that, looking ahead, economics should build on its past to focus on factors that create an entrepreneurial and innovative economy that is characterized by progress and prosperity. This would make economic analysis more consistent with the remarkable progress and prosperity that characterizes the modern economy. This volume lays out a framework for economic analysis that consistently incorporates the real-world factors that produce prosperity. Author Biography Randall G. Holcombe is DeVoe Moore Professor of Economics at Florida State University, USA. Details ISBN 0415643945 ISBN-13 9780415643948 Title Producing Prosperity Author Randall Holcombe Format Hardcover Year 2012 Pages 272 Publisher Taylor & Francis Ltd GE_Item_ID:131643499; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys

Price: 218.99 USD

Location: Fairfield, Ohio

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Producing Prosperity: An Inquiry into the Operation of the Market Process by Ran

Item Specifics

Restocking Fee: No

Return shipping will be paid by: Buyer

All returns accepted: Returns Accepted

Item must be returned within: 30 Days

Refund will be given as: Money Back

ISBN-13: 9780415643948

Book Title: Producing Prosperity

Number of Pages: 260 Pages

Publication Name: Producing Prosperity : an Inquiry Into the Operation of the Market Process

Language: English

Publisher: Routledge

Item Height: 0.7 in

Publication Year: 2013

Subject: Entrepreneurship, General, Development / Economic Development, Economics / General

Type: Textbook

Item Weight: 18.4 Oz

Subject Area: Business & Economics

Item Length: 9.4 in

Author: Randall Holcombe

Item Width: 6.4 in

Series: Routledge Foundations of the Market Economy Ser.

Format: Hardcover

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