Object

PLMET:

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Title:

Bogactwo myśli ekonomicznej a współczesna gospodarka

Alternative title:

The wealth of economic thought and the modern economy

Creator:

Kundera, Janina Elżbieta

ORCID:

0000-0001-6887-102X

Subject and Keywords:

economic thought   modern economy  
myśl ekonomiczna   współczesna gospodarka

Description:

Tyt. tomu: Księga Jubileuszowa na siedemdziesięciolecie Wydziału Prawa, Administracji i Ekonomii Uniwersytetu Wrocławskiego. Cz. 1

Abstract:

Economic life of man was the first item of interest to philosophers and theologians, who envisage it from the point of view of ethics. From the 18th century, when the economics gained the status of science, and the book of Adam Smith An Inquiry into the Nature and Causes of the Wealth of Nations 1776 originated classic economics, there has been a dynamic growth of economy, caused mainly by socioeconomic changes. There have been numerous theories, making up the wealth of economic thought. Classical economics at the end of the 19th century developed evolutionarily into neoclassical economics that defined a paradigm of full rationality of economic operators and the market as the best mechanism to balance the economy, in addition to the state economic system. In the 20th century, following the great economic crisis, economy was replaced by Keynesian thought, which advocated state activity in order to stabilize the economy. Until the 1980s governments used Keynesian recommendations successfully, but when that failed, they returned to neoclassical economics. A new classical economics, monetarism, economy of reasonable expectations, have provided the dependencies on the economy using models based on the assumption of rationality of the market participants. After the outbreak of the crisis in 2008 there appeared criticism of these currents concerning their alleged departure from reality and from the point of view of the doctrine they were to be blamed for the crisis. Beyond that are the directions of alternative economics evolutionary economics, behavioral economics, imperfect knowledge and complexity, which reject the neoclassical paradigm and state that human knowledge is limited, and people steer away from pure market behavior, so there is no rationality in economic activities. Fluctuations are the feature of economies, so the market does not automatically restore the balance, and therefore the state should be incorporated into the economy. The phenomena occuring in the world, e.g. globalization, crisis, multiculturalism, changing organization of production — require new research and the formulation of new theories. So we should expect further development of economics.

Place of publishing:

Wrocław

Publisher:

Wydawnictwo Uniwersytetu Wrocławskiego

Contributor:

Jabłoński, Mariusz. Red.

Date issued:

2015

Date copyrighted:

2015

Resource Type:

text  
tekst

Detailed Type:

czasopisma (wydawnictwa ciągłe)   artykuł

Identifier:

oai:repozytorium.uni.wroc.pl:117008   ISSN 0239-6661   ISSN 0137-1134

Language:

pol   eng

Relation:

Acta Universitatis Wratislaviensis, ISSN 0239-6661, No 3661. Przegląd Prawa i Administracji 2015, 100, cz. 1, s. 337-350

WUL Catalog:

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Is version of:

Czasopisma Naukowe w Sieci (CNS)

Access rights:

The use of this material is allowed only with accordance of applicable rules of fair use or other exceptions provided by law, and any broader use requires the permission of the authorized entity  
Korzystanie z tego materiału jest możliwe zgodnie z właściwymi przepisami o dozwolonym użytku lub innych wyjątkach przewidzianych w przepisach prawa, a korzystanie w szerszym zakresie wymaga uzyskania zgody uprawnionego

License:

Making materials available on the basis of the agreement with the owner of the property copyrights  
Udostępnianie na podstawie umowy z właścicielem majątkowych praw autorskich

Rights holder:

Copyright by Wydawnictwo Uniwersytetu Wrocławskiego Sp. z o.o.

Location of original object:

Biblioteka Wydziału Prawa, Administracji i Ekonomii