Best of
Economics

1900

The Philosophy of Money


Georg Simmel - 1900
    This one is really my book, the others appear to me colourless and seem as if they could have been written by anyone else.' - Georg Simmel to Heinrich Rickert (1904) In The Philosophy of Money, Simmel provides us with a remarkably wide-ranging discussion of the social, psychological and philosophical aspects of the money economy, full of brilliant insights into the forms that social relationships take. He analyzes the relationships of money to exchange, the human personality, the position of women, individual freedom and many other areas of human existence. Later he provides us with an account of the consequences of the modern money economy and the division of labour, which examines the processes of alienation and reification in work, urban life and elsewhere. Perhaps, more than any of his other sociological works, The Philosophy of Money gives us an example of his comprehensive analysis of the interrelationships between the most diverse and seemingly connected social phenomena. This revised edition of the translation by Tom Bottomore and David Frisby, includes a new Preface by Davi

Mortgaging the Earth


Bruce Rich - 1900
    The World Bank, Environmental Impoverishment, and the Crisis of Development "A detailed and thought-provoking look at an important subject from the viewpoint of a passionate advocate."-- The New York Times Book Review

The Immediate Tasks of the Soviet Government


Vladimir Lenin - 1900
    The process involved long and bitter arguments against Mensheviks as well as against all those who worked to reunite the factions. It involved fights over funds, struggles for control of newspapers, the development of rival organizations, and meetings of rival groups. Disputes concerned many questions about the goals and strategies of Marxism and the role of national (rather than international) struggles within Marxism.Since about 1905 the international socialist movement had begun also to discuss the possibility of a major war breaking out among European nations. In 1907 and 1912, members met and condemned such wars in advance, pledging not to support them. Lenin had wanted to go further than that. He had urged active opposition to the war effort and a transformation of any war into a proletarian revolution. When World War I (19141918; a conflict involving most European nations, as well as Russia, the United States, and Japan) broke out, most socialist leaders in the countries involved supported the war effort. For Lenin, this was proof that he and the other leaders shared no common aims or views. The break between the two schools of Marxism could not be fixed.During World War I (191418) Lenin lived in Switzerland. He attended several conferences of radical socialists opposed to the war. He read a large amount of literature on the Marxist idea of state government and wrote a first draft for a book on the subject, The State and Revolution. He also studied literature dealing with world politics of the time and wrote an important book, Imperialism: The Highest Stage of Capitalism, in 1916. By the beginning of 1917 he had fits of depression and wrote to a close friend that he thought he would never see another revolution. This was about a month before the overthrow of the Russian czar in the winter of 1917, which marked the beginning of the 1917 Russian Revolution.

The Growth of Philosophic Radicalism


Élie Halévy - 1900
    

Latent Variable Models and Factor Analysis: A Unified Approach


David J. Bartholomew - 1900
    This book presents a general framework to enable the derivation of the commonly used models, along with updated numerical examples. Nature and interpretation of a latent variable is also introduced along with related techniques for investigating dependency.This book: Provides a unified approach showing how such apparently diverse methods as Latent Class Analysis and Factor Analysis are actually members of the same family.Presents new material on ordered manifest variables, MCMC methods, non-linear models as well as a new chapter on related techniques for investigating dependency.Includes new sections on structural equation models (SEM) and Markov Chain Monte Carlo methods for parameter estimation, along with new illustrative examples.Looks at recent developments on goodness-of-fit test statistics and on non-linear models and models with mixed latent variables, both categorical and continuous.No prior acquaintance with latent variable modelling is pre-supposed but a broad understanding of statistical theory will make it easier to see the approach in its proper perspective. Applied statisticians, psychometricians, medical statisticians, biostatisticians, economists and social science researchers will benefit from this book.