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This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in sea...
Commissioned and brought tohgether for the research project by the world-renowned Council on Foreign Relations, the authors have produced an important compendia in applied economics.
"In this book Richard R. Nelson mounts a full-blown attack on the standard neoclassical theory of economic growth, which he sees as hopelessly inadequate to explain the phenomenon. His alterative theory posits that economic growth driven by technological advance involves disequilibrium in a fundamental and continuing way. Nelson argues that an adequate theory must take into account a range of institutions, from universities to public laboratories and from government agencies to business firms and markets."--BOOK JACKET.
Ecumenism: A Guide for the Perplexed is a comprehensive introduction to the methods, achievements, and future prospects of the modern ecumenical movement. The authors begin the volume by charting out a serviceable definition of ecumenism, a term that has long been a source of confusion for students of theology and church history. They review the chronology of the modern ecumenical movement and highlight the major events, figures, accomplishments, and impasses. This historical survey is followed by critical examinations of three significant challenges for contemporary ecumenical theology and practice. Along the way, the authors provide commentary upon the difficulties and prospects that the ecumenical movement might anticipate as it enters this new millennium.
The seminal book that began the lean revolution in manufacturing and supply management, Powered by Honda tells the story of what Honda does, and illustrates the BP process with stories, charts, photos, and other powerful methods that guarantee success. From the people on the floor who build the cars, to the suppliers who keep Honda lines running non-stop, and the managers who run the supply chains, you'll feel the Racing Spirit that powers the machine. Honda's global leadership position in profits, growth, and innovation was built on the principles in this book.
This book displays both the remarkable diversity of Goodman's concerns and the essential unity of his thought. As a whole the volume will serve as a concise introduction to Goodman's thought for general readers, and will develop its more recent unfoldings for those philosophers and others who have grown wiser with his books over the years.