Each of the 4 chapters on the Contending Perspectives of Political Economy include a section on the ‘Principles of …’ and
Each of the 4 chapters on the Contending Perspectives of Political Economy include a section on the "Principles of …" and Respective Political Economic Theory "Today" For your assignment and for each of the four chapters, you will expand on one of the theoretical approaches discussed under "Today". You did the annotated bibliography so you have the sources. For each of the four approaches, discuss the theory in detail and how it fits and/or deviates from the "Principles" of the respective political economic theory. It should also discuss policies from one or two areas that are advocated by this contemporary approach to the respective political economic theory. Use the same policy areas for all 4 perspectives. You should not discuss the history, context, or biographies of any of the people involved. If you feel the need to do so, it should go in a footnote (or three). So, as should be evident, the assignment will include 4 main sections, which you did your annotated bibliographies for, along with a brief introduction and conclusion. The introduction should include a thesis or research question relevant to the 4 political economic theories and to the analysis (see below). It is also important that the assignment not just read as four separate sections, so it is necessary to make sure there are good transitions throughout each section but also from section to section. After the 4 perspectives you will include a detailed analysis section where you will compare and contrast the four approaches-not just concerning the assumptions but most importantly about the reform proposals/policies that you discussed for each perspective and the possibility of people of these perspectives being able to work together in the policy arena. You will highlight where is there agreement among/between the approaches (be specific) and where is there disagreement? The thesis should be related to whether (in the political and policy arenas) compromise and cooperation is possible (across and between perspectives) given the items of disagreement/agreement? What areas might compromise be more likely? Less Likely? Why or why not? The last section is a conclusion to the assignment.
The assignment will include a title page and a reference page
(Important: the average length of the assignment in previous classes has been 8-10 pages)
1
Quintin Strawder
Neo-Austrian Economics
Contemporary Approach
Neo-Austrian Economics Annotated Bibliography
Hao, M. (2017). The methodology of Neo-Austrian economics and its effect on behavioral finance.
This article has focused on addressing the origin and methodology of Neo-Austrian economics and some of its effects on behavioral finance. The article explains that Neo-Austrian economics considers economics to be an essential part of the human characteristic of social science that studies the connection between individuals and things. This article helps present how Neo-Austrian economics assist in the factors of human behavior that can impact the study of economics. The article concluded that Neo-Austrian economics uses human behavior to describe the dynamic world of economics.
Farmer, K., & Conway, L. (2021). Neo-Austrian Views of the Global Financial Crisis and Its Pre-Corona Aftermath. Modern Economy, 12(04), 712.
This article has focused on discussing the Neo-Austrian critiques regarding the unconventional monetary policies applied to reflate the United States economy after the great recession. The article analyzes why the Neo-Austrian policies continuously progress without bringing about economic failure or downturn. Moreover, it has also focused on addressing the basic features of the Austrian Business Cycle Theory and applying the features to explain the United States housing bubble and the global financial crisis. This article will be easy to understand the Neo-Austrian view on the global financial crisis and its pre-corona aftermath.
Meacci, F., & Ferlito, C. (2018). The classical roots of the Austrian theory of capital and entrepreneurship. The Review of Austrian Economics, 31(3), 315-339.
This paper addresses the continuities and the discontinuities among the Austrian, classical, and neo-Austrian authors regarding the theory of entrepreneurship and the first theory of capital. The article differentiates the individual, and the national capital, then differentiates the resulting circulating fixed and free-invested capital. This article will learn the elements of continuity among individual behavior and national wealth in classical theory.
,
Annotated Bibliography 2: Social conservatism
Student’s name:
Department, Institutional Affiliation:
Course Code and Name:
Instructor’s Title and Name:
Due Date:
Harnish, R. J., Bridges, K. R., & Gump, J. T. (2018). Predicting economic, social, and foreign policy conservatism: The role of right-wing authoritarianism, social dominance orientation, moral foundations orientation, and religious fundamentalism. Current Psychology, 37(3), 668-679.
This study focuses on examining the relationship between different factors such as Social Dominance orientations, religious fundamentalism, and Right-Wing authoritarianism and conservatism. The researchers believe that each factor can predict different conservatism, including economic conservatism. They argue that understanding social, economic, and foreign policy conservatism can help researchers access more knowledge about human conservatism attitudes. The study aims at identifying whether different ideological attitudes such as social dominance, moral foundations, and religious orientations can predict social, economic, and foreign policy conservatism. The study results show a close link between each of the ideological attitudes above and different types of conservatism.
Kerry, N., & Murray, D. R. (2018). Conservative parenting: Investigating the relationships between parenthood, moral judgment, and social conservatism. Personality and Individual Differences, 134, 88-96.
This study investigates whether parenthood influences individuals' morals, motivation, and social conservatism. The researchers first argue that parenting is an essential part of human life that can influence who a person becomes in the future. This perspective sets the foundation for why it is important to understand or identify whether parenthood influences individuals' motivation, morals, and social behaviors. The result of the study reveals that parenthood and parenting influence individual social conservatism in different ways. Parenthood and parenting motivation specifically support a good relationship among age, moral and social conservatism in an individual.
Yilmaz, O., & Alper, S. (2019). The link between intuitive thinking and social conservatism is stronger in WEIRD societies.
This study includes an argument that although most of the previous studies are based on Western literature, democratic and wealthy society (weird society), they do not explain whether this particular interaction and relationship has cross-culturally stable characteristics. The researchers, therefore, analyze to fill this gap. The result indicates that the relationship is stronger in a society with a weird culture than one with a non-weird culture.
,
3
Annotated bibliography 1
Student’s Name:
Department, Institutional Affiliation:
Course Code and Name:
Instructor’s Title and Name:
Due Date:
Acs, Z. J., Estrin, S., Mickiewicz, T., & Szerb, L. (2018). Entrepreneurship, institutional economics, and economic growth: an ecosystem perspective. Small Business Economics, 51(2), 501-514.
This article identifies the relationship between entrepreneurship, economic growth, institutions, and factor inputs. The researchers specifically aim to investigate how institutions and entrepreneurship activities in an ecosystem as part of the aggregate production functions analysis in economic growth. The main argument is that the entrepreneurial ecosystem has a significant role in economic growth. In the introduction section, the study reveals that 13% of the Gross Domestic Product growth is due to entrepreneurial activities such as investment/capital, input, and labor. The researchers further argue a prolonged absence of convincing and bias-free results due to ignoring the potential and drawback of the relationship between Institutions and entrepreneurship. They use input, human capital, and labor as the key measure of the aggregate production function to study GDP growth. This article reveals that entrepreneurship is a resource allocation system that allows an organization to integrate its institutions and human input to complement each other and form an interdependent system. ‘
Valentinov, V. (2021). Sustainability in classical institutional economics: A systems theory view. Sustainable Production and Consumption, 28, 1500-1507.
This study is a review that reflects what previous researchers have covered in different areas, such as normative paradigms of classical institutional economics and systems-theoretic reconstruction of the normative paradigm. The article includes a conclusion section which reveals summarizes different concepts and theories that different researchers in different articles cover. Moreover, the article is also a credible resource since it is free of errors and bias.
Prasetyo, P. E., & Kistanti, N. R. (2020). Human capital, institutional economics, and entrepreneurship as a driver for quality & sustainable economic growth. Entrepreneurship and Sustainability Issues, 7(4), 2575.
This article explains the four pillars of growth and development, including the capital, institutional economics, and entrepreneurship. The research involves using primary data from Central Java and Yogyakarta principles, which are then analyzed using a recursive model path. The result of the study reveals that pillars such as human capital are a key driver of economic growth and development and have the potential to influence an economic system both indirectly and directly.
,
1
Annotated bibliography 3: Behavioral economics
Student’s Name:
Department, Institutional Affiliation:
Course Code and Name:
Instructor’s Title and Name:
Due Date:
Grayot, J. D. (2020). Dual-process theories in behavioral economics and neuroeconomics: a critical review. Review of Philosophy and Psychology, 11(1), 105-136.
This article first acknowledges that the dual-process has had a lot of scrutinies recently as different scientists and philosophers continue to challenge the validity and relevance of the theoretical foundations of the dual-process theory. It also reveals that the new dual-process model has applicability and refutability challenges. With the above challenges in mind, the researcher provides a critical review that focuses on the same theory but economics. The result of the study reveals that the popularity of dual-process theory has less impact on the success of the dualistic decision model, and most economists are looking forward to anomalies in making decisions in economics.
Leeson, P. T. (2019). Do we need behavioral economics to explain law?. European journal of law and economics, 48(1), 29-42.
The purpose of this study is to identify whether people need behavioral economics to explain the law. The research divides that article into sections, including an introduction and a study on interest groups and social preferences. The article reveals that interest groups and social preferences can influence lawmaking processes and legal structure. Therefore the conclusion is that people need behavioral economics to explain the law.
Oliver, A. (2019). Towards a new political economy of behavioral public policy. Public Administration Review, 79(6), 917-924.
This article acknowledges that most researchers have focused on paternalistic intervention to identify how an individual can increase resource utilization. The research argues that paternalistic intervention only aims to change human behaviors through a nudge approach. With this in mind, they propose an alternative intervention: a behavioral public policy framework to tackle more human behavior and influencers. The research reveals that although paternalistic intervention has been prominent, they have not gone far enough and is also open to critique. The researchers aim to provide new more insight to policymakers. Therefore the primary audiences in this article are policymakers. Its literature shows how different approaches that people can use to get more equipped to flourish and establish a more meaningful/fulfilling life.
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.
