Beyond the invisible hand groundwork for a new economics

By:

Basu, Kaushik

Material type: Text

TextPublication details: Penguin Books 2011 New DelhiDescription: 273ISBN:

9780143415756

Subject(s):

DDC classification:

330.1 BAS

Summary: "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. "

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode
Books	Symbiosis Institute of Business Management - Hyderabad General	General Bo	330.1 BAS (Browse shelf(Opens below))	Available		SIBMH-B-9759

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Previous	330.015195 QIN The rise of econometrics:	330.015195 QIN The rise of econometrics:	330.0207 VON A devil's dictionary of business	330.1 BAS Beyond the invisible hand	330.122 BRE The end of the free market:	330.122 LOT Freedomnomics: why the free market works and other half-baked theories don't	330.16 SAN 13 steps to bloody good wealth	Next

"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. "

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