Suchergebnisse

First published in 1982, Introduction to Political Economy is a clear and concise introduction to the normative aspects of economics by one of the world's leading authorities on the subject. In this highly readable book, Professor Mishan takes the student to the heart of the subject without recourse to algebra and with only the simplest of diagrams. The author carefully distinguishes the various meanings of the terms political economy, normative economics, welfare economics and allocative economics. He considers the standard allocation rules and the crucial concepts of consumer sur

First published in 1981, Professor Mishan's Economic Efficiency and Social Welfare: Selected Essays on Fundamental Aspects of the Economic Theory of Social Welfare is a collection of 22 pioneering essays written while the author was teaching at the London School of Economics and chosen to indicate landmarks in the development of his own thought. Professor Mishan, who also enjoys an international reputation as a popular writer on the impact of modern economic growth on social welfare, is among the foremost authorities in the field of resource allocation, and his influence in his sub

First published in 1986, Economic Myths and the Mythology of Economics is a polemical study in which the author focuses on the popular myths and misconceptions that colour our understanding of economic issues. Professor Mishan, the internationally recognised economist and expert in the field of resource allocation and cost benefit analysis, undermines the idea that economics is a science. But such are popular myths, he argues, that governments employ battalions of economists in their ongoing attempts to promote economic growth, efficiency and employment. The author challenges the validity and

First published in 1980, Pornography, Psychedelics and Technology: Essays on the Limits to Freedom focuses on the crucial connections between technological growth and the more salient features of social malaise in the latter part of the twentieth century. Professor Mishan is one of the few economists absorbed by the larger social questions, and does not believe that the growth in state intervention and the decline of social liberty are simply the result of intellectual confusion and bureaucratic momentum. He sees them as unavoidable consequences of scientific and technical progress. While agre

The community as a whole, including students, would be best served by a system under which those who benefit from higher education pay the full costs involved. An optimal student population would emerge (much lower than at present), the tax burden would be reduced and universities would become solvent and independent. Moreover, 'bizarre and outlandish' courses would dwindle.

The cost of maintaining the current illegalisation of narcotics far exceeds the public's perception while, in contrast, the damage to society that would follow from their legalisation is grossly exaggerated. Using economic and other relevant research, estimates are made in this article of the spread of drug addiction and the increase in crime that are likely to follow the decriminalisation of drugs; estimates that reveal an overwhelming case for their decriminalisation.

Impact on employment and income of technological innovations and of global migrations of labor and capital; focus on Great Britain; with comment.