Zhao ruyu (6 Ergebnisse)

Zustand: New. 2022. hardcover. . . . . . Books ship from the US and Ireland.

Zustand: New. 2021. hardcover. . . . . . Books ship from the US and Ireland.

Buch. Zustand: Neu. Neuware - An Era of The Wise Man is an economic critique of the price mechanism which underpins classical Western economics. In the contemporary era, particularly since the global financial crisis of 2007/08, conventional free-market theory has proved fallible and ineffective in guiding economies out of crisis and generating robust growth. The author suggests adopting a new principle within economic theory, reflecting the imperfections of real-world markets rather than hypothetical perfect markets, and centering on demand expectation. With reference to China's rapid economic development in recent decades, this book advocates the expectation-led market principle, which draws a distinction between demand as defined by Adam Smith and classical economics, with that of demand based on expectations--a theory discussed at length in later chapters. Essentially, this theory rejects several assumptions that form the basis of classical economics; however, it does not dismiss conventional economics entirely. For readers interested in economics, this book provides a thorough rebuttal to economic orthodoxy and offers an alternative point of view.…

Buch. Zustand: Neu. Neuware - With the rise of the service sector in recent decades, many economists have forecast the dawning of the post-industrial society. Much of this speculation is based on the theoretical premises laid out in Clark's Law--a key hypothesis in conventional economic theory. However, this Law is refuted by Professor Ruyu Zhao, the author of this title. He delves deep into the premises behind this economic theory, analysing the data sets used by Clark and other notable economists that followed in his footsteps. The author draws on considerable empirical evidence across the globe over the last two centuries, citing the Japanese debt-crisis of the early 1990s, the Asian Financial Crisis of 1997/98, and the US subprime mortgage crisis, as key events that refute Clark's Law. In rebuttal to the post-industrial society hypothesis, he rejects measuring an economy's development based on the size of its service sector, asserting that industry is always at the heart of the real economy. Professor Zhao also proposes a new theoretical paradigm which recognizes the inherent importance of industry, instead of services, in a healthy modern economy. …

Gebunden. Zustand: New. &Uumlber den AutorRuyu Zhao, Ph.D. in economics, professor of Jilin University, and Vice President of China National Society of Economic Geography, is an expert in international economics, industrial economics, technical economic.

Gebunden. Zustand: New.