In this book, Driver and Temple examine how the simple faith of economists and policymakers in freemarkets and financialisation masqueraded as an economic theory justifying the neglect of investment in capital, skills and technology. The authors survey the damage caused to the macroeconomic climate from the marketera reliance on labour market flexibility and low inflation, and conclude that radical reforms are needed both at the level of the company, through changes in corporate governance, and at the level of industry, by giving institutional form to a system of social partnership for a fair and high performance economy.
In this book, Driver and Temple examine how the simple faith of economists and policymakers in freemarkets and financialisation masqueraded as an economic theory justifying the neglect of investment in capital, skills and technology. The authors survey the damage caused to the macroeconomic climate from the marketera reliance on labour market flexibility and low inflation, and conclude that radical reforms are needed both at the level of the company, through changes in corporate governance, and at the level of industry, by giving institutional form to a system of social partnership for a fair and high performance economy.
This concise yet comprehensive guide to economic theory, first published in 1916, remains a valuable resource for students and scholars of economics. Tod's lucid explanations of concepts such as...
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it.This work is in the public domain in the United States of...
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