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A Critique of Interventionism
20
 
 
If you want to learn about an economic philosophy that refutes the "Keynesian command economy" then you need to study the "Austrian School" of economic theory. This anthology by Bettina Ben Greaves is a good starting point to learn about the "Austrian" school. The "Austrian " economic school turned the study of economics on its head when it traced market prices to the actions of individual buyers instead of producers. Carl Menger, the founder of this school wrote the breakthrough theory the "classical economists" like Adam Smith missed. "Market price doesn't rely on usefulness, value or supply but on the usefulness the individual expects to derive from the item or the service at a particular time or place, this theory is known as marginal utility". Ludwig von Mises took the school further he rejected the traditional study of economics by looking at historical models and adopted the technique of studying "human action" and social science to come up with a universal economic science. As a free market economists the "Austrians" expertly explain how the system of profit and loss works in a free economy and how wages rise due to an increase in capital invested per worker, which causes an increase in the productivity of labor. "The only means to increase a nations welfare is to increase and improve the output of its products." This book should be read by all whom wonder how economic theory works and what role the government should have on our economic choices.


 
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Tags: economic, school, increase, theory, study
The Handbook of Phonological Theory
125
 
 

The Handbook of Phonological TheoryThe Handbook of Phonological Theory

This volume brings together for the first time a detailed examination of the state of phonological theory in this decade. In a series of essays on topics as varied as underspecification theory, prosodic morphology, and syllable structure, 38 leading phonologists offer a critical survey of the guiding ideas that lie behind this active area of linguistic research. In all cases, the contributions have been written by leading researchers, and in many cases, the chapters of this Handbook are the first published expositions of new perspectives which have already begun to shape the climate of research in the field.

 
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Tags: Handbook, first, research, theory, cases
Language Networks, The New Word Grammar
123
 
 
Language Networks, The New Word GrammarLanguage Networks, The New Word Grammar
 
This book argues that language is a network of concepts which in turn is part of the general cognitive network of the mind. It challenges the widely-held view that language is an innate mental module with its own special internal organization. It shows that language has the same internal organization as other areas of knowledge such as social relations and action schemas, and reveals the rich links between linguistic elements and contextual categories. Professor Hudson presents a new theory of how we learn and use our knowledge of language. He puts this to work in a series of extended explorations of morphology, syntax, semantics, and sociolinguistics. Every step of his argument and exposition is illustrated with examples, including the kind mainstream theory finds it hard to analyse. He introduces the latest version of his influential theory of Word Grammar and shows how it can be used to explain the operations of language and as a key to understanding the associated operations of the mind.
 
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Tags: language, theory, Grammar, internal, knowledge
Corporate Finance by Stephen A. Ross, Randolph W. Westerfield, and Jeffrey Jaffe
139
 
 
Corporate Finance by Stephen A. Ross, Randolph W. Westerfield, and Jeffrey JaffeThis leading Corporate Finance text is designed for the first course at the MBA level but is certainly used at many undergraduate programs as well. CORPORATE FINANCE emphasizes the modern fundamentals of the theory of finance. The authors make the theory come to life through the use of contemporary examples, clarity of exposition, and a balanced presentation of theory and practice. The authors consistently use the intuitions of arbitrage, net present value, efficient markets and options throughout the text. The goal of this text is to present corporate finance as the working of a small number of integrated and powerful intuitions. (amazon.com).
 
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Tags: Corporate, theory, Finance, authors, finance, present
Robert C. Solomon, Not Passion's Slave: Emotions and Choice
34
 
 

Robert C. Solomon, Not Passion's Slave: Emotions and Choice

Robert C. Solomon, Not Passion's Slave: Emotions and Choice

The idea that we are in some significant sense responsible for our emotions is
 an idea that Robert Solomon has developed for almost three decades. Here, in
 a single volume, he traces the development of this theory of emotions and
elaborate it in detail. Two themes run through his work: the first presents
a "cognitive" theory of emotions in which emotions are construed primarily as
 evaluative judgments. The second proposes an "existentialist" perspective in
 which he defends the idea that, as we are responsible for our emotions.
Indeed, sometimes it even makes sense to say that we "choose" them.

 

 
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Tags: emotions, Solomon, Robert, theory, sense