When a scholar as careful and learned as Mr. Kennedy is prompted by contemporary issues to reexamine the great processes of the past, the result can only be an enhancement of our historical understanding.... When the study is written as simply and attractively as this work is, its publication may have a great and beneficient impact. It is to be hoped that Mr. Kennedy's will have one, at a potentially decisive moment in America's history."Michael Howard, The New York Times Book Review"Important, learned, and lucid... Paul Kennedy's great achievement is that he makes us see our current international problems against a background of empires that have gone under because they were unaible to sustain the material cost of greatness; and he does so in a universal historical perspective of which Ranke would surely have approved."James Joll, The New York Review of Books"His strategic-economic approach provides him with the context for a shapely narrative....Professor Kennedy not only exploits his framework eloquently, he also makes use of it to dig deeper and explore the historical contexts in which some 'power centers' prospered....But the most commanding purpose of his project...is the lesson he draws from 15 centuries of statecraft to apply to the present scene....[The book's] final section is for everyone concerned with the contemporary political scene."Christopher Lehmann-Haupt, The New York Times"Kennedy gives epic meaning to the nation's relative economic and industrial decline." Newsweek

    To paraphrase Confucius, a healthy planet is made up of healthy nations that are simply healthy communities sharing common ground, and communities are gatherings of households. A measure of the health of the planet is economics--the health of its households. Any process of destruction or healing must begin at home. Berry speaks of the necessary coherence of the "Great Economy," as he argues for clarity in our lives, our conceptions, and our communications. To live is not to pass time, but to "spend "time. Whether as critic or as champion, Wendell Berry offers careful insights into our personal and national situation in a prose that is ringing and clear.

    Based on extensive interviews with all the major players, Secrets of the Temple takes us inside the government institution that is in some ways more secretive than the CIA and more powerful than the President or Congress.

    A columnist for the Scripps-Howard News Service has compiled several of his short essays written for the common reader into a collection, covering such topics as affirmative action, media hype, and homosexual politics.

    A book explaining the history of economics; including the powerful and vested interests which moulded the theories to their financial advantage; as a means of understanding modern economics.

    Over the years it has become the standard textbook in the field world-wide. It mirrors the huge expansion of the field of economic evaluation in health care.This new edition builds on the strengths of previous editions being clearly written in a style accessible to a wide readership. Key methodological principles are outlined using a critical appraisal checklist that can be applied to any published study. The methodological features of the basicforms of analysis are then explained in more detail with special emphasis of the latest views on productivity costs, the characterization of uncertainty and the concept of net benefit. The book has been greatly revised and expanded especially concerning analyzing patient-level data anddecision-analytic modeling. There is discussion of new methodological approaches, including cost effectiveness acceptability curves, net benefit regression, probalistic sensitivity analysis and value of information analysis. There is an expanded chapter on the use of economic evaluation, includingdiscussion of the use of cost-effectiveness thresholds, equity considerations and the transferability of economic data.This new edition is required for anyone commissioning, undertaking or using economic evaluations in health care, and will be popular with health service professionals, health economists, pharmacists and health care decision makers. It is especially relevant for those taking pharmacoeconomicscourses.

    The ninth edition of International Economics, by Dominick Salvatore, continues to present a comprehensive, up-to-date, and clear exposition of the theory and principles of international economics that are essential for understanding, evaluating, and suggesting solutions to important international economic problems and issues facing the world today.

    

    This classic reference has now been revised, updated, and expanded to help a new generation of Wall Street money managers and institutional investors.The Fourth Edition of Stigum's Money Market delivers an all-encompassing, cohesive view of the vast and complex money market...offers careful analyses of the growth and changes the market has undergone in recent years...and presents detailed answers to the full range of money market questions.Stigum's Money Market equips readers with: A complete overview of the large and ever-expanding money market arena Quick-access to every key aspect of the fixed-income market A thorough updating of information on the banking system Incisive accounts of money market fundamentals and all the key players In-depth coverage of the markets themselves, including federal funds, government securities, financial futures, Treasury bond and note futures, options, euros, interest rate swaps, CDs, commercial paper, and more Expert discussions of the Federal Reserve, the Internet and electronic trading, and the new roles of commercial banks and federal agenciesThis updated classic also includes hundreds of helpful new illustrations and calculations, together with an improved format that gives readers quick access to every major topic relating to the fixed-income market.

    In the essays that constitute this book, which is one of only two books Black ever wrote, he explores this idea thoroughly and reaches some surprising conclusions.With the newfound popularity of quantitative finance and risk management, the work of Fischer Black has garnered much attention. Business Cycles and Equilibrium-with its theory that economic and financial markets are in a continual equilibrium-is one of his books that still rings true today, given the current economic crisis. This Updated Edition clearly presents Black's classic theory on business cycles and the concept of equilibrium, and contains a new introduction by the person who knows Black best: Perry Mehrling, author of Fischer Black and the Revolutionary Idea of Finance (Wiley). Mehrling goes inside Black's life to uncover what was occurring during the time Black wrote Business Cycles and Equilibrium, while also shedding light on what Black would make of today's financial and economic meltdown and how he would best advise to move forward.The essays within this book reach some interesting conclusions concerning the role of equilibrium in a developed economyWarns about the use and abuse of modeling Explains the risky business of risk in a straightforward and accessible style Contains chapters dedicated to the effects of uncontrolled banking, the trouble with econometric models, and the effects of noise on investing Includes commentary on Black's life and work at the time Business Cycles and Equilibrium was written as well as insight as to what Black would make of the current financial meltdown Engaging and informative, the Updated Edition of Business Cycles and Equilibrium will give you a better understanding of what is really going on during these uncertain and volatile financial times.

    Yet little attention has been paid to the technologies, procedures, and organizational arrangements used to manage and control nuclear forces. Many assert the importance of “command, control, communications, and intelligence” (C3I), but serious and detailed studies supporting that assertion are few. Managing Nuclear Operations provides a comprehensive and detailed examination of U.S. Nuclear operations and command and control. The contributors, experienced in operations and C3I., discuss peace-time safety and control of nuclear weapons worldwide, the survival under nuclear attack of the reasonable command authorities presupposed by deterrence theory, and the means for terminating nuclear war before it escalates to all-out exchanges. They describe command posts, warning sensors, communications technologies, the selection of nuclear targets, and the exercise of political authority over nuclear operations. The decisionmaking process of command and control is examined, as are the various perspectives of the decisionmakers.

    It was also the best political and economic story of its time. Here, in the anecdotal style of The Making of the President, two Wall Street Journal reporters provide the first complete picture of how this tax revolution went from an improbable dream to a widely hailed reality.

    The research and writing were supported by The RAND Corporation in the late 1950s.Linear programming has been one of the most important postwar developments in economic theory, but until publication of the present volume, no text offered a comprehensive treatment of the many facets of the relationship of linear programming to traditional economic theory. This book was the first to provide a wide-ranging survey of such important aspects of the topic as the interrelations between the celebrated von Neumann theory of games and linear programming, and the relationship between game theory and the traditional economic theories of duopoly and bilateral monopoly.Modern economists will especially appreciate the treatment of the connection between linear programming and modern welfare economics and the insights that linear programming gives into the determinateness of Walrasian equilibrium. The book also offers an excellent introduction to the important Leontief theory of input-output as well as extensive treatment of the problems of dynamic linear programming.Successfully used for three decades in graduate economics courses, this book stresses practical problems and specifies important concrete applications.

    20:9-10), how can these rebels have been Christians? If they are not Christians, how can the millennium itself be Christian? What is the relationship in history between saving grace and common grace? North deals especially with the hard question of the weakness of the Church in history, and the power of the God-haters in history. How is it that those who hate Christ seem to prosper, while Christians seem to be powerless?

    An analysis of the political, social and economic milieus of the late Middle Ages that engendered Europe's transformation from feudalism to capitalism focusing on the evolution of the medieval businessman and the risks of new markets, trade routes, forms of credit, means of production and new methods of speculation.

    To find more information about Rowman and Littlefield titles, please visit www.rowmanlittlefield.com.

    It seeks anonymity and political refuge. It dodges taxes and sidesteps currency controls. It rolls through offshore shell companies and secret bank accounts, phoney charities and fraudulent religious foundations. It is kept rolling by white-collar criminals, gun-runners, drug dealers, insurgent groups, scam artists, tax evaders, gold and gem smugglers, and, not least, secret service agents plotting coups and financing revolutions. R.T. Naylor explains the origins of this pool of hot and homeless money, its origins, its uses and abuses, how the world of high finance, corporate and governmental, became hostage to it, and the price the world is paying and will continue to pay until the hostages are released. This book was one of the first, and remains the most comprehensive, to dissect the world of offshore finance, capital flight, money laundering, and tax evasion. Once a subject of concern principally to tax authorities and finance ministries, since the September 11, 2001 hot and homeless money has now become a central preoccupation for police forces and intelligence services around the world.

    Numerous numerical, mathematical, and graphical examples relating to real-world economic decisions and policy issues appear throughout, providing a meaningful context for microeconomic students.

    He is an eclectic Keynesian in theory whose socioeconomic concern is to reduce poverty, inequality, and discrimination through the maintenance of full employment and economic growth and through such policies as the negative income tax and other income transfers. These 28 essays, covering Tobin's work in macroeconomics from the early 1940s to 1970 are grouped into three parts - macroeconomic theory, economic growth, and money and finance.Essays in Economics: Volume 3, Theory and Policy was published by The MIT Press in 1982. Back in print.

    Earlier reductionist notions of knowledge, dialectics, contradiction, class, and capitalism have been challenged and profoundly transformed.

    Details the rise and operation of the high yield debt market as illustrated by the "junk" bond.

    

    Will Swearingen locates the roots of this crisis in French dreams for the jewel of their colonial empire. He demonstrates that, with disastrous results, contemporary Moroccan leaders are fulfilling a colonial vision, implementing policies and plans drafted during the protectorate period.Originally published in 1987.The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

    It also includes an introduction to the classical calculus of variations. An important feature of the book is the inclusion of a large number of examples, in which the theory is applied to a wide variety of economics problems. The presentation of simple models helps illuminate pertinent qualitative and analytic points, useful when confronted with a more complex reality. These models cover: economic growth in both open and closed economies, exploitation of (non-) renewable resources, pollution control, behaviour of firms, and differential games. A great emphasis on precision pervades the book, setting it apart from the bulk of literature in this area. The rigorous techniques presented should help the reader avoid errors which often recur in the application of control theory within economics.

    At the forefront has been the "rational expectations revolution," and this school's most brilliant exponent is Robert E. Lucas. In this elegant and relatively non-technical survey, Lucas reviews the nature and consequences of recent developments in monetary and business cycle theory. He discusses the usefulness of alternative models in determining the effects of economic policy on consumption streams and individual welfare. Drawing on a specific model of aggregate activity which represents the current frontier in business cycle research, he then examines the contemporary theory of unemployment. Finally and most controversially, he explores the role of monetary disturbances.

    The Economics of Zoning Laws is the first book to apply the modern economic theory of property rights to all major aspects of zoning.Zoning laws are neither irrational constrints on otherwise efficient markets nor disinterested attempts to correct market failure. Rather, zoning must be viewed as a collective property right, vested in local governments and administered by politicians who rationally repsond to their constituents and to developers as markets for development rights arise.The Economics of Zoning Laws develops the economic theories of property rights and public choice and applies them to three zoning controversies: the siting of a large industrial plant, the exclusionary zoning of the suburbs, and the constitutional protection of propery owners from excessive regulation. Economic and legal theory, William Fischel contends, suggest that payment of damages under the taking clause of the Constitution may provide the most effective remedy for excessive zoning regulations.

    

    After the endless analyses and altercations of left and right to which we were accustomed, here was an argument that went to the core of the matter in one bound, and yet did so with a degree of scholarship and indeed erudition that was not cavalier. The result was electric. It was also well before its time.This book contains the texts of the original lectures as well as some contemporary material that updates it. The 80’s material was remarkably prescient, as the reader will discover. However, history has furnished us another opportunity ‒ the catastrophic bank collapses of 2008 and the impending total systems shutdown of 2009 ‒ to revisit this vital material and place it before the reader.Whatever the result of the signal events of 2008-9 ‒ a slide into depression, cataclysmic upheaval or a rebound into dynamic activity ‒ the argument in this work still stands: Usury is demonstrably the motor of the injustices of our age. That is the bad news, whose necessary corollary, a delineation of the way out of our global predicament, this book explores.

    In this stimulating and suggestive survey, a renowned scholar uses a historical approach to describe and analyze the principal similarities and differences in the systems of authority and inequality in three powerful nations--the United States, the Soviet Union, and China--and explores prospects for a free and rational society in the foreseeable future. Moore concludes that the tyranny of socialism with its omnipresent bureaucracies, and the shortcomings of liberal capitalism with its widespread unemployment, have created a partial moral vacuum that isbeing filled by religious fundamentalism, chauvinism, and even terrorism

    In 19th century England the classical economists were reformers, and they addressed themselves to the outstanding policy issue of the day: population growth, welfare relief for the poor, agriculture protection, the public debt, etc. The first six chapters of Blaug's Economic History and the History of Economics explore that particular theme in some of its dimensions. Blaug then explores the writings of Marx in which the question of technical change emerged as one of the major questions of the day. In three further chapters the theory of technical progress in both Marx and later economists is examined in some detail. The "marginal revolution" and the aftermath of marginalism are explored in subsequent chapters, and the book concludes with two chapters on unresolved issues in the history of modern economics since 1870, viewed once again in the light of changes in the institutional structure of the economies that formed the background of theorizing.

    

    This controversial new book presents strategies designed for both safety and profit, enabling readers to understand their own financial problems while establishing diversified and balanced permanent portfolios in keeping with their needs, talents, knowledge, and goals.

    Extensive collection of essays on all sorts of economic issues from the perspective of the Austrian School of Economics. Includes two long overlooked essays by Von Mises on the (ir)rationality of socialist economic calculation. Introduction by Murray Rothbard.

    Economic Behaviour in Adversity brings together ten important essays, several previously unpublished, dealing with the choices people make in times of disaster and conflict. These essays help explain the possibilities and limits of human cooperation under severe environmental pressure. Part I, "Disaster and Recovery," contains previously unpublished studies of major historical catastrophes, among them the Black Death of the fourteenth century, the Civil War in Russia that followed the Bolshevik revolution, and the mass bombing of Germany and of Japan during World War II. Accompanying the historical studies are several analytical papers that interpret the disaster experience. The essays in Part II, "Cooperation and Conflict," represent innovative theoretical analyses based on a common theme—that cooperation and conflict are alternative strategies whereby individuals, groups, and different forms of social organization struggle with one another for evolutionary survival. Ultimately, these essays indicate, the political economy of the human species is an instance of Darwin's "economy of nature."

    

    Ronald Hamowy discusses their contributions to this significant area of social theory, noting that the revolutionary aspect of these philosophers’ thoughts was “the proposition that social phenomena of a high degree of intricacy are not the product of intentional design.” Hamowy shows that Hume is best known for his application of the theory to justice, developing it most thoroughly in the Treatise of Human Nature. Adam Smith’s first treatment of it is in the Theory of Moral Sentiment, published before the significant Wealth of Nations. There Smith uses it to explain the development of general rules that compose the moral fabric of societies. All of these thinkers used their notion of spontaneously generated social order to explain systems of moral rules and social systems. In addition Adam Ferguson and David Hume applied the theory to language, as well as to economic development.

    The author thus provides an insight into the basic character of capitalism and its superficial forms and social substance.

    It examines models, estimation theory, data analysis and field applications in econometrics. Comprehensive surveys, written by experts, discuss recent developments at a level suitable for professional use by economists, econometricians, statisticians, and in advanced graduate econometrics courses. For more information on the Handbooks in Economics series, please see our home page on http: //www.elsevier.nl/locate/hes

    Easterlin shows how the size of a generation—the number of persons born in a particular year—directly and indirectly affects the personal welfare of its members, the make-up and breakdown of the family, and the general well being of the economy. "[Easterlin] has made clear, I think unambiguously, that the baby-boom generation is economically underprivileged merely because of its size. And in showing this, he demonstrates that population size can be as restrictive as a factor as sex, race, or class on equality of opportunity in the U.S."—Jeffrey Madrick, Business Week