Commercial Society - Cathleen Johnson, Robert Lusch, David Schmidtz

Commercial Society

A Primer on Ethics and Economics
Buch | Hardcover
354 Seiten
2019
Rowman & Littlefield International (Verlag)
978-1-78661-355-4 (ISBN)
153,35 inkl. MwSt
The authors discuss the connections between the ethical, economic, and entrepreneurial dimensions of a life well-lived.
One of the greatest and most joyful challenges of adult life is to develop skills that make the people around us better off with us than without us. Integrity is a key part of that challenge. We are social animals, aiming not simply to trade but to make a place for ourselves in a community. You don't want to have to pretend that you feel proud of fooling your customers into believing you could be trusted.
The ethical question is: how do people have to live in order to make the world a better place with them than without them?
The economic question is: what kind of society makes people willing and able to use their talents in a way that is good for them and for the people around them?
The entrepreneurial question is: what does it take to show up in the marketplace with something that can take your community to a different level?
In this book, the authors discuss the connections between the ethical, economic, and entrepreneurial dimensions of a life well-lived.

Cathleen Johnson is currently teaching in the Philosophy, Politics, Economics and Law program at the University of Arizona. Robert F. Lusch was Professor of Marketing at the University of Arizona Business School. David Schmidtz is Kendrick Professor of Philosophy (College of Social and Behavioral Sciences), Eller Chair of Service-Dominant Logic (College of Management), founding Director of the Center for Philosophy of Freedom, founder of the Department of Political Economy and Moral Sciences, and editor in chief of Social Philosophy and Policy, at the University of Arizona.

Ethics, Economy, and Entrepreneurship
Why Ethics?
Why Economy?
Why Entrepreneurship?
Part 1: Key Concept
Trade
Resources
Cost
Institutions
Value
Part 2: Progress
Adam Smith on Progress
Transaction Cost and Progress
Commerce and Progress
Production Possibilities Frontier
What Seems Like Progress
Part 3: Understanding Trade
Conditions for Trade
Comparative Advantage
Division of Labor
Buyers
Sellers
A Market: Supply and Demand
A Market Responds: Price and Quantity
Economic Surplus
Price Signals and Spontaneous Order
Price Controls
Economic Science: Putting Theory to the Test
Progress and Wealth Creation
Part 4: Trust, Agency, and Bystanders
Principal-Agent Framework
Cost to Bystanders
Competitors are not Bystanders
The Logic of the Commons
Environmental Tragedies
Property
Parcels
Communal Property
Trust
Benefits for Bystanders
Market Power
Monopoly Power
Monopsony Power
International Trade and Trade Protection
What Should Not be for Sale
Part 5: Management of a Commercial Society
Financial Institutions
Fractional Reserve Banking
Measuring Economies
Gross Domestic Product (GDP)
Unemployment Rate
Measuring the Price Level
Fiscal Policy
Monetary Policy
Public Choice
Corruption
Part 6: Personal and Business Finance
Accounting Basics
Compound Growth
Saving, Borrowing, and Investing
Marketing Fundamentals
Insurance
Break-Even Analysis
Budgeting
Financial Management
Part 7: Innovation and Entrepreneurship
Knowledge Discovery
It Takes More than Ideas
What Innovation Looks Like
Entry, Exit, and the Role of Profit
Creative Destruction
Entrepreneurs as Resource Integrators
Entrepreneurship as a Process
Markets Don’t Exist
Competitive Advantage - The Dynamics of Remaining Viable
The Big Errors
The Entrepreneur and Self-Assessment

Erscheinungsdatum
Reihe/Serie Economy, Polity, and Society
Verlagsort London
Sprache englisch
Maße 160 x 228 mm
Gewicht 671 g
Themenwelt Wirtschaft Betriebswirtschaft / Management Unternehmensführung / Management
Wirtschaft Volkswirtschaftslehre Wirtschaftspolitik
ISBN-10 1-78661-355-7 / 1786613557
ISBN-13 978-1-78661-355-4 / 9781786613554
Zustand Neuware
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Buch | Softcover (2024)
Vahlen (Verlag)
26,90