The Edgar Companion to Social Economics by John B.Davis
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Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
As this new companion demonstrates, social economics is a dynamic and growing field that emphasizes the key role social values play in the economy and in economic life. Social economics treats the economy and economics as being embedded in the larger web of social and ethical relationships. It also regards economics and ethics as essentially connected, and adds values such as justice, fairness, dignity, well-being, freedom, and equality to the standard emphasis on efficiency.”The Elgar Companion to Social Economics” brings together the leading contributors in the field to elucidate a wide range of recent developments across different subject areas and topics. In so doing, the contributors also map the likely trends and directions of future research. This comprehensive new companion will undoubtedly become a leading reference source and guide to social economics for many years to come. Providing concise discussion and an indication of what to expect in future decades, this interdisciplinary companion will be of great interest to students and academics of social economics and socio-economics, as well as institutional, evolutionary and heterodox economics. It will also appeal to management scholars and those concerned with business ethics.
About the Author
Edited by John B. Davis, Professor of History and Methodology of Economics, University of Amsterdam, The Netherlands and Professor of Economics, Marquette University, US and co-editor, Journal of Economic Methodology and Wilfred Dolfsma, Professor, University of Groningen, The Netherlands, and corresponding editor of the Review of Social Economy
Get The Edgar Companion to Social Economics by John B.Davis at Salaedu.com
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