Beyond the invisible hand: groundwork for a new economics (Record no. 230258)
[ view plain ]
000 -LEADER | |
---|---|
fixed length control field | 01978nam a2200217Ia 4500 |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20220413204859.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 200208s9999 xx 000 0 und d |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
International Standard Book Number | 9780143415756 |
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER | |
Classification number | 330.11 BAS |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Basu, Kaushik |
245 #0 - TITLE STATEMENT | |
Title | Beyond the invisible hand: groundwork for a new economics |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Place of publication, distribution, etc. | London |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Name of publisher, distributor, etc. | Penguin |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2010 |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 273 p. |
365 ## - TRADE PRICE | |
Price amount | 9000 |
365 ## - TRADE PRICE | |
Unit of pricing | RS |
520 ## - SUMMARY, ETC. | |
Summary, etc. | One of the central tenets of economics is that, given certain conditions, selfinterested behavior by individuals leads them to the social good, almost as if orchestrated by an invisible hand. However, over the past two centuries, this proposition first put forth by Adam Smith has been taken out of context, contorted, and used as the cornerstone of free-market orthodoxy. In Beyond the Invisible Hand, Kaushik Basu lays bare the implications of this gross misrepresentation of Smith’s theory which, he argues, has resulted in hampering our understanding of how economies function, why some economies fail and some succeed, and what the nature and role of state intervention might be. Comparing this view of the invisible hand to the vision described by Kafka—in which individuals pursuing their atomistic interests, devoid of moral compunction, end up creating a world that is mean and miserable—Basu calls for collective action and the need to shift our focus from the efficient society to one that is also fair. As Basu pointedly reminds us, by ignoring the role of culture and custom, traditional economics promotes the view that the current system is the only viable one, thereby only serving the interests of those who do well by this system. Beyond the Invisible Hand challenges readers to fundamentally rethink the assumptions underlying modern economic thought and proves that a more equitable society is both possible and sustainable, and hence worth striving for. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Economics |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Koha item type | Books |
Source of classification or shelving scheme | Dewey Decimal Classification |
Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Cost, normal purchase price | Total checkouts | Full call number | Barcode | Date last seen | Date last checked out | Cost, replacement price | Price effective from | Koha item type |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Not Missing | Dewey Decimal Classification | Not Damaged | Gandhi Smriti Library | Gandhi Smriti Library | 2020-02-08 | 9000.00 | 2 | 330.11 BAS | 147076 | 2023-12-05 | 2023-11-16 | 9000.00 | 2020-02-08 | Books | ||
Not Missing | Dewey Decimal Classification | Not Damaged | Gandhi Smriti Library | Gandhi Smriti Library | 2023-09-18 | 399.00 | 1 | 330.11 BAS | 159029 | 2024-06-08 | 2024-01-04 | 2023-09-18 | Books |