Jean Tirole: The political economy of corporate finance (On the book by J. Tirole “The theory of corporate finance”)

2017 ◽  
pp. 128-141
Author(s):  
N. Ranneva

The present article undertakes a critical review of the new book of Jean Tirole, the winner of the 2014 Nobel Prize in Economics, “The theory of cor- porate finance”, which has recently been published in Russian. The book makes a real contribution to the profession by summarizing the whole field of corporate finance and bringing together a big body of research developed over the last thirty years. By simplifying modeling, using unified analytical apparatus, undertaking reinterpretation of many previously received results, and structuring the material in original way Tirole achieves a necessary unity and simplicity in exposition of extremely heterogeneous theoretical and empirical material. The book integrates the new institutional economic theory into classical corporate finance theory and by doing so contributes to making a new type of textbook, which is quite on time and is likely to become essential reading for all graduate students in corporate finance and microeconomics and for everyone interested in these disciplines.

2019 ◽  
pp. 135-145
Author(s):  
Viktor A. Popov

Deep comprehension of the advanced economic theory, the talent of lecturer enforced by the outstanding working ability forwarded Vladimir Geleznoff scarcely at the end of his thirties to prepare the publication of “The essays of the political economy” (1898). The subsequent publishing success (8 editions in Russia, the 1918­-year edition in Germany) sufficiently demonstrates that Geleznoff well succeded in meeting the intellectual inquiry of the cross­road epoch of the Russian history and by that taking the worthful place in the history of economic thought in Russia. Being an acknowledged historian of science V. Geleznoff was the first and up to now one of the few to demonstrate the worldwide community of economists the theoretically saturated view of Russian economic thought in its most fruitful period (end of XIX — first quarter of XX century).


2021 ◽  
pp. 147821032110372
Author(s):  
Celeste Duff

Globally, mindfulness is an emerging and innovative trend in education. Specifically, in school-based education, there has been growing excitement surrounding the implementation of mindfulness. Although policy, political and economic shifts and powers may seem quite far removed from the realities of children and mindfulness, the political economy does indeed saturate and shape children’s lives in multiple ways. The purpose of this review is to chart some of the economic and political contexts and highlight some of the shifts that may speak to the emerging trend of mindfulness in education. This critical review addresses the themes and shifts in economies and educational policy, highlights links between neuroscience-based discourses, mindfulness, social-emotional learning and emotional well-being in education.


1996 ◽  
Vol 30 (3) ◽  
pp. 651 ◽  
Author(s):  
Nancy C. Staudt ◽  
Henry C. Simons

1978 ◽  
Vol 72 (3) ◽  
pp. 1012-1016 ◽  
Author(s):  
Charles W. Anderson

The consistent theme in Charles E. Lindblom's work is a vision of political economy as constitutional engineering. Lindblom sees the question of institutional design in terms of a mechanical metaphor in which political economic systems are contrived out of relatively simple components. Politics and Markets compares a broad range of capitalist and socialist systems as a means of evaluating market mechanisms and authority structures as instruments of social coordination and control. Lindblom's argument that the privileged power of the corporation poses a problem for liberal market-oriented societies is logically distinct from his case that the corporation fits “oddly” with democratic theory, and the latter may be the more significant theme for further inquiry in political economic theory.


1975 ◽  
Vol 5 (4) ◽  
pp. 29-38
Author(s):  
Timothy M. Shaw

Our understanding of the international political economy of Africa is underdeveloped; we have inadequate data and theories about the development of underdevelopment on the continent. Even the orthodox study of international politics and foreign policy in Africa is largely a recent phenomenon, stimulated by the rise of new states in the last twenty years. This essay, then, can be no more than a review of the field and a lament over its deficiencies. In particular, we are concerned about: i) the relative inattention afforded the impact of international politics on the rate and direction of social change in African states; ii) the need for a new conceptual framework to advance our understanding of the linkage politics between African elites and external interests; and iii) the related growth and international inequalities on the continent. This essay proceeds therefore from a critical review of analyses of the international political economy of Africa to a tentative presentation of a new typology of states and regimes, regions and behavior, in Africa which reflects the importance of those variables on which students of political economy focus.


2016 ◽  
Vol 34 (6) ◽  
pp. 809-829 ◽  
Author(s):  
Esther Schüring ◽  
Franziska Gassmann

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