John Komlos Livres

This short book explores a core group of 40 topics that tend to go unexplored in an Introductory Economics course. Though not a replacement for an introductory text, the work is intended as a supplement to provoke further thought and discussion by juxtaposing blackboard models of the economy with empirical observations

The book delves into the economic consequences of two significant mid-nineteenth century reforms: the establishment of a customs union between Austria and Hungary and the liberation of the peasantry. It analyzes how these reforms reshaped economic structures, influenced trade relationships, and transformed the social landscape, providing insights into their lasting effects on the region's economy and society.

The book presents a novel perspective on Austria's industrial expansion by linking it to human biology and nutrition, particularly physical stature and population dynamics. It highlights a significant Malthusian crisis in the Habsburg lands during the late 18th century due to food shortages from rapid population growth. This crisis prompted government reforms that catalyzed Austria's industrial revolution. Komlos introduces an "Austrian model" of economic growth, emphasizing the balance between capital accumulation and population pressures, suggesting that the removal of food constraints was crucial for modern economic development in Europe.

The book critically examines the limitations of traditional economic models, particularly the oversimplifications of perfect competition. It delves into the complexities of oligopolies and analyzes the actual effects of the minimum wage, highlighting how influential institutions create distortions in mainstream economic theories. This edition offers a more nuanced understanding of real-world economics, challenging readers to reconsider established beliefs and explore the intricacies of economic dynamics.

The book critiques the foundational assumptions of introductory economics textbooks, highlighting their reliance on outdated notions of free markets and rational agents. It argues that these texts ignore the impact of incomplete information, externalities, and path-dependence, leading to a distorted understanding of economic principles. Emphasizing the importance of human experience over abstract metrics like GNP, the author advocates for a more holistic perspective that incorporates moral judgments. This work serves as a supplemental resource for students seeking a deeper understanding of economic theory.

Inhalt: Part I: The Americas, Asia and Australia: Mit Beiträgen von: Stephen L. Morgan; Stephen Nicholas / Robert Gregory / Sue Kimberley; Henk-Jan Brinkman / J. W. Drukker; Ricardo Salvatore / Jörg Baten; Ricardo D. Salvatore; Insong Gill; Richard H. Steckel / Paul W. Sciulli / Jerome C. Rose; Michael R. Haines; Philip R. P. Coelho / Robert A. McGuire; Lee A. Craig / Thomas Weiss; Timothy Cuff; John Komlos; Brian A'Hearn; Barry Bogin / Ryan Keep; Markus Heintel; W. Peter Ward Part II: Europe: Mit Beiträgen von: Edwin Horlings / Jan-Pieter Smits; José M. Martinez Carrión / Juan J. Perez Castejón; Gloria Quiroga Valle; Sebastián Coll; Lydia Sapounaki-Dracaki; Bernard Harris; Markus Heintel / Lars G. Sandberg / Richard H. Steckel; Joaquim da Costa Leite; Jesper L. Boldsen / Jes Søgaard; Holle Greil; Sally Horrocks / David Smith; Philip T. Hoffman – Joerg Baten / John Komlos: Conclusion „Die mit umfangreichen Literaturverweisen bereicherten Beiträge bieten überraschend konkrete Einblicke in die Sozialstruktur der verschiedensten Bevölkerungsgruppen und ihre Lebensbedingungen.“ Das Historisch-Politische Buch

Einführung.- 2. Vorüberlegungen und Grundbegriffe.- 3. Momentenschätzung auf Stichprobenbasis.- 4. Basiskonzepte der induktiven Statistik.- 5. Einfaches OLS-Regressionsmodell.- 6. Multiples OLS-Regressionsmodell.- 7. Maximum- Likelihood-Schätzung.- 8. Qualitativvariablen-Modelle.- 9. Zeitreihenanalyse.