Best of
Economics

1988

The Fatal Conceit: The Errors of Socialism


Friedrich A. Hayek - 1988
    He labels as the "fatal conceit" the idea that "man is able to shape the world around him according to his wishes.""The achievement of The Fatal Conceit is that it freshly shows why socialism must be refuted rather than merely dismissed—then refutes it again."—David R. Henderson, Fortune."Fascinating. . . . The energy and precision with which Mr. Hayek sweeps away his opposition is impressive."—Edward H. Crane, Wall Street JournalF. A. Hayek is considered a pioneer in monetary theory, the preeminent proponent of the libertarian philosophy, and the ideological mentor of the Reagan and Thatcher "revolutions."

A Theory of Socialism and Capitalism: Economics, Politics, and Ethics


Hans-Hermann Hoppe - 1988
    He argued that there are only two possible archetypes in economic affairs: socialism and capitalism. All systems are combinations of those two types. The capitalist model he defines as pure protection of private property, free association, and exchange — no exceptions. All deviations from that ideal are species of socialism, with public ownership and interference with trade.Within the structure of socialism, he distinguishes between left and right versions. "Conservative" socialism favors high regulation, behavioral controls, protectionism, and nationalism. The "liberal" version tends more toward outright public ownership and redistribution.The consequences of socialism vary based on their degree and kind, but they have similarities: high costs, resource waste, low growth.This treatise has long been out of print, but is now available again for use in comparative-systems classes and for an orientation to the theory of economic systems. The theoretical apparatus is Rothbardian to the core, and its main contribution is to provide an organizing principle for understanding the structure of real-world economies as measured against pure types.A tour de force.To search for Mises Institute titles, enter a keyword and LvMI (short for Ludwig von Mises Institute); e.g., Depression LvMI

Collapse of Complex Societies


Joseph A. Tainter - 1988
    The Collapse of Complex Societies, though written by an archaeologist, will therefore strike a chord throughout the social sciences. Any explanation of societal collapse carries lessons not just for the study of ancient societies, but for the members of all such societies in both the present and future. Dr. Tainter describes nearly two dozen cases of collapse and reviews more than 2000 years of explanations. He then develops a new and far-reaching theory that accounts for collapse among diverse kinds of societies, evaluating his model and clarifying the processes of disintegration by detailed studies of the Roman, Mayan and Chacoan collapses.

Counting for Nothing: What Men Value and What Women are Worth


Marilyn Waring - 1988
    A pollution-free environment counts for nothing. Even some people - namely women - count for nothing. This is the case, at least, according to the United Nations System of National Accounts. Author Marilyn Waring, former New Zealand M.P., now professor, development consultant, writer, and goat farmer, isolates the gender bias that exists in the current system of calculating national wealth.As Waring observes, in this accounting system women are considered 'non-producers' and as such they cannot expect to gain from the distribution of benefits that flow from production. Issues like nuclear warfare, environmental conservation, and poverty are likewise excluded from the calculation of value in traditional economic theory. As a result, public policy, determined by these same accounting processes, inevitably overlooks the importance of the environment and half the world's population.Counting for Nothing, originally published in 1988, is a classic feminist analysis of women's place in the world economy brought up to date in this reprinted edition, including a sizeable new introduction by the author. In her new introduction, the author updates information and examples and revisits the original chapters with appropriate commentary. In an accessible and often humorous manner, Waring offers an explanation of the current economic systems of accounting and thoroughly outlines ways to ensure that the significance of the environment and the labour contributions of women receive the recognition they deserve.

The Firm, the Market, and the Law


Ronald H. Coase - 1988
    Coase has been, even though, as he admits, "most economists have a different way of looking at economic problems and do not share my conception of the nature of our subject." Coase's particular interest has been that part of economic theory that deals with firms, industries, and markets—what is known as price theory or microeconomics. He has always urged his fellow economists to examine the foundations on which their theory exists, and this volume collects some of his classic articles probing those very foundations. "The Nature of the Firm" (1937) introduced the then-revolutionary concept of transaction costs into economic theory. "The Problem of Social Cost" (1960) further developed this concept, emphasizing the effect of the law on the working of the economic system. The remaining papers and new introductory essay clarify and extend Coarse's arguments and address his critics."These essays bear rereading. Coase's careful attention to actual institutions not only offers deep insight into economics but also provides the best argument for Coase's methodological position. The clarity of the exposition and the elegance of the style also make them a pleasure to read and a model worthy of emulation."—Lewis A. Kornhauser, Journal of Economic LiteratureRonald H. Coase was awarded the Nobel Prize in Economic Science in 1991.

Passions Within Reason: The Strategic Role of the Emotions


Robert H. Frank - 1988
    We are all comfortable with the notion that someone who strives to be spontaneous can never succeed. So too, on brief reflection, will it become apparent that someone who always pursues self-interest is doomed to fail.

The Theory of Industrial Organization


Jean Tirole - 1988
    Rigorously analytical and filled with exercises coded to indicate level of difficulty, it provides a unified and modern treatment of the field with accessible models that are simplified to highlight robust economic ideas while working at an intuitive level. To aid students at different levels, each chapter is divided into a main text and supplementary section containing more advanced material. Each chapter opens with elementary models and builds on this base to incorporate current research in a coherent synthesis.Tirole begins with a background discussion of the theory of the firm. In part I he develops the modern theory of monopoly, addressing single-product and multi-product pricing, static and intertemporal price discrimination, quality choice, reputation, and vertical restraints.In part II, Tirole takes up strategic interaction between firms, starting with a novel treatment of the Bertrand-Cournot interdependent-pricing problem. He studies how capacity constraints, repeated interaction, product positioning, advertising, and asymmetric information affect competition or tacit collusion. He then develops topics having to do with long-term competition, including barriers to entry, contestability, exit, and research and development. He concludes with a "game theory user's manual" and a section of review exercises.

Critique of Economic Reason


André Gorz - 1988
    In Critique of Economic Reason, he offers his fullest account to date of the terminal crisis of a system where every activity and aspiration has been subjected to the rule of the market. By carefully delineating the existential and cultural limits of economic rationality, he emphasizes the urgent need to create a society which rejects the work ethic in favor of an emancipatory ethic of free time.At the heart of his alternative is an advocacy not of “full employment,” but of an equal distribution of the diminishing amount of necessary paid work. He presents a practical strategy for reducing the working week, and develops a radical version of a guaranteed wage for all. Above all, he argues that a utopian vision is now the only realistic proposal, and that “economic reason must be returned to its true—that is subordinate—place.”

Maritime Economics


Martin Stopford - 1988
    Yet despite its economic complexity, shipping retains much of the competitive cut and thrust of the "perfect" market of classical economics. This blend of sophisticated logistics and larger than life entrepreneurs makes it a unique case study of classical economics in a modern setting.The enlarged and substantially rewritten Maritime Economics uses historical and theoretical analysis as the framework for a practical explanation of how shipping works today. Whilst retaining the structure of the second edition, its scope is widened to include:lessons from 5000 years of commercial shipping history shipping cycles back to 1741, with a year by year commentary updated chapters on markets; shipping costs; accounts; ship finance and a new chapter on the return on capital new chapters on the geography of sea trade; trade theory and specialised cargoes updated chapters on the merchant fleet shipbuilding, recycling and the regulatory regime a much revised chapter on the challenges and pitfalls of forecasting. With over 800 pages, 200 illustrations, maps, technical drawings and tables Maritime Economics is the shipping industry's most comprehensive text and reference source, whilst remaining as one reviewer put it "a very readable book".Martin Stopford has enjoyed a distinguished career in the shipping industry as Director of Business Development with British Shipbuilders, Global Shipping Economist with the Chase Manhattan Bank N.A., Chief Executive of Lloyds Maritime Information Services; Managing Director of Clarkson Research Services and an executive Director of Clarksons PLC. He lectures regularly at Cambridge Academy of Transport and is a Visiting Professor at Cass Business School, Dalian Maritime University and Copenhagen Business School.

All It Takes Is Guts


Walter E. Williams - 1988
    Williams destroys a number of prevailing social myths and explains why the nature of congressmen is not to act in the national interest.

The War Against Population: The Economics and Ideology of Population Control


Jacqueline Kasun - 1988
    Jacqueline Kasun, Ph.D. The idea that humanity is multiplying at a terrible and accelerating rate is one of the false dogmas of our times. From that notion springs the widely held belief that unless population growth is immediately contained by every governmental and private method imaginable, mankind faces imminent disaster. These ideas form the basis for an enormous international population-control industry that involves billions of dollars of taxes as well as the full time efforts of scores of private philanthropies. Embodied in their agenda is the sort of social planning that actually mandates draconian control over families, churches and other voluntary institutions around the globe. Point by point, Dr. Kasun shatters the dogmas of the controllers--tenets that simply fall apart under close scrutiny and comparison with a mountain of data that the controllers refuse to confront. This is a fascinating book, a tour de force effort to restore reality to a subject that has become unmoored by ideology. "An eye-opener. The material Kasun presents is invaluable for reference and it is provided in an accessible and readable form." - Julian L. Simon, from the Foreword "This book urgently needs to be read by citizens in general and by parents in particular. It carefully exposes two of the leading frauds of our time--the "overpopulation" hysteria and the false pretensae of "sex education". - Thomas Sowell, Author, A Conflict of Visions "One of the best kept secrets in the world is the evil nature of the population control movement. This is the best and most important book on the subject." - Charles E. Rice, Professor of Law, University of Notre Dame "Dr. Kasun's book is about much more than the `overpopulation' myth--for instance, the bare facts about `sex ed'. You will be amazed to know what your tax dollars are actually paying for. Get this book." - J.P. McFa

Economic Concepts of Ibn Taymiyyah


Abdul Azim Islahi - 1988
    

Political and Social Writings


Cornelius Castoriadis - 1988
    Rich with historical and cultural value, these works are published unaltered from the original University of Minnesota Press editions. The books offered through Minnesota Archive Editions are produced in limited quantities according to customer demand and are available through select distribution partners.

Protectionism


Jagdish N. Bhagwati - 1988
    Clear, informative, and witty, Jagdish Bhagwati provides the best available analysis of the protection debate and offers a prescription for reform in this turbulent area of trade policy. Bhagwati identifies new and powerful interests and ideologies that are likely to dominate the outcome of the debate. He argues that opposing tendencies can be identified in trade-related ideologies and in the national and sectional interests that lobby on trade policy in pluralistic societies. He offers the prognosis that the forces favoring freer trade are more robust and more fundamental than the forces of protectionism, and that pro trade forces are likely to triumph in the end but only if we adapt appropriately the institutions within which these ideologies and interests must function. Through an appealing combination of text, quotations, cartoons, tables, charts, and graphs, Bhagwati provides a masterly and entertaining look at the forces for and against protection.Protectionism is based on the inaugural series of Ohlin Lectures, which he delivered at the Stockholm School of Economics in October of 1987.

Money and Its Use in Medieval Europe


Peter Spufford - 1988
    The book is not limited to one country, or to any one period or theme, but extracts the most important elements for the historian across the broadest possible canvas. Its scope extends from the mining of precious metals on the one hand, to banking, including the use of cheques and bills of exchange, on the other. Chapters are arranged chronologically, rather than regionally or thematically, and offer a detailed picture of the many and changing roles played by money, in all its forms, in all parts of Europe throughout the Middle Ages. Thus money is seen as having differing values for differing parts of individual societies. The book shows money moving and changing as a result of war and trade and other political, economic and ecclesiastical activities without regard for national barriers or the supposed separation between 'East' and 'West'.

Scarlet Woman of Wall Street


John Steele Gordon - 1988
    

Political and Social Writings: 1946-55 - From the Critique of Bureaucracy to the Positive Content of Socialism v. 1


Cornelius Castoriadis - 1988
    Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions. A series of writings by the man who inspired the students of the Workers' Rebellion in May of 1968. "Given the rapid pace of change in the Soviet Union and Eastern Europe, and the radical nature of these transformations, the work of Cornelius Castoriadis, a consistent and radical critic of Soviet Marxism, gains renewed significance. . . . these volumes are instructive because they enable us to trace his rigorous engagement with the project of socialist construction from his break with Trotskyism to his final breach with Marxism . . . and would be read with profit by all those seeking to comprehend the historical originality of events in the USSR and Eastern Europe." –Contemporary Sociology

Moneybags Must Be So Lucky: On the Literary Structure of Capital


Robert Paul Wolff - 1988
    In this book, Robert Paul Wolff dispels much of the mystery surrounding Capital by providing a literary-philosophical analysis of the text and of Marx's intentions.

Trading Places: How America Allowed Japan To Take The Lead


Clyde V. Prestowitz Jr. - 1988
    

Peasant Economics: Farm Households in Agrarian Development


Frank Ellis - 1988
    The second edition retains the same building blocks designed to explore household decision-making in a social context. Key topics are efficiency, risk, time allocation, gender, agrarian contracts, farm size and technological change. For these and other topics, household economic behavior represents the outcome of social interactions within the household, and market interactions outside the household. A new chapter on the environment combines exposition of economic tools not previously covered in the book with examination of household and community decision-making in relation to environmental resources.

The Economy As An Evolving Complex System


Philip Anderson - 1988
    This book proceeds from a meeting at the Santa Fe Institute where economists and physical and biological scientists came together to discuss a conceptual framework incorporating a more appropriate mathematics with a greatly strengthened capacity to deal simultaneously with multiple variables, nonlinearity, incomplete information and dynamical processes.

Democracy and Economic Planning


Pat J. Devine - 1988
    It seeks to establish an alternative to market forces as a means of coordinating decentralized economic decisions.Devine begins with an analysis of the theory and practice of capitalist planning, central planning and 'market socialism'. He argues that, while market socialism iscurrently favoured by many economists who reject both capitalism and the command planning of the Soviet model, it cannot fulfil the promises held out for it.In the remainder of the book Devine elaborates an alternative model based on the novel idea of 'negotiated coordination'. The model combines system-wide with decentralized decision-making, recognizes the existence of differences of interest and incorporates a transformative dynamic in which individuals modify their attitudes in the light of the positions of others. The model offers a detailed account of how economic activity could be organised in a self-governing society.Democracy and Economic Planning will be of interest to students of economics, politics, sociology, and geography, as well as to a more general audience concerned with the nature of, and prospects for, socialism and democracy - life after capitalism.

The Negative Side of Positive Thinking


Dave Hunt - 1988
    

Exchange Rates and Inflation


Rudiger Dornbusch - 1988
    Collected for the first time in Exchange Rates and Inflation, these articles, written over the past fifteen years, cover a wide range of issues while providing unique insights into the research style of a major economist. During this period the economics profession has shifted from global monetarism to the new classical economics, and Dornbusch's own interests, and some of his beliefs, have changed as well. Twenty two articles are gathered in four parts: Exchange Rate Theory; Special Topics in Exchange Rate Economics; Equilibrium Real Exchange Rates, and Inflation and Stabilization. Each part includes an introduction that discusses the essays and places them in context.

Mirages and Miracles: The Crises of Global Fordism


Alain Lipietz - 1988
    

Planning Local Economic Development: Theory and Practice


Edward James Blakely - 1988
    Blakely and Bradshaw investigate planning processes, analytical techniques, business and human resource development, as well as high-technology economic development strategies.

Notes on the Theory of Choice


David M. Kreps - 1988
    This course, taught for several years at the Graduate School of Business, Stanford University, gives the student an introduction to the axiomatic method of economic analysis, without placing too heavy a demand on mathematical sophistication.The course begins with the basics of choice and revealed preference theory and then discusses numerical representations of ordinal preference. Models with uncertainty come next: First is von Neumann–Morgenstern utility, and then choice under uncertainty with subjective uncertainty, using the formulation of Anscombe and Aumann, and then sketching the development of Savage's classic theory. Finally, the course delves into a number of special topics, including de Finetti's theorem, modeling choice on a part of a larger problem, dynamic choice, and the empirical evidence against the classic models.--back cover

Politics Against Markets: The Social Democratic Road to Power


Gøsta Esping-Andersen - 1988
    Combining quantitative analysis and historical case studies to demonstrate the electoral effects of party policy, Gosta Esping-Andersen formulates a theory that is applicable not only to Scandinavia but to Western Europe as a whole. In addition, he explains why the support basis of social democracy has deteriorated so much more in Denmark than in Sweden and Norway.Originally published in 1985.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.

Sociology of "Developing Societies" South Asia


Hamza Alavi - 1988
    This collection of readings provides an interpretation of the development of contemporary South Asia and covers India, Pakistan, Bangladesh and Sri Lanka.

Selected Writings of Lord Acton


John Emerich Edward Dalberg-Acton - 1988
    Liberty Fund is proud to offer the most complete collection of Acton essays ever published.Volume I: Essays in the History of LibertyIncluded are his two famous essays on the history of freedom (“The History of Freedom in Antiquity” and “The History of Freedom in Christianity”) as are writings on the tradition of liberty in England, America, and Europe.Volume II: Essays in the Study and Writing of HistoryVolume II brings together Acton’s distinguished writings on history. Included is his famous Inaugural Lecture at Cambridge, “The Study of History.”Volume III: Essays in Religion, Politics, and MoralityIncluded are three important essays, “Human Sacrifice,” “George Eliot’s Life,” and “Buckle’s Philosophy of History.” Nearly two hundred pages of excerpts from Acton’s remarkable letters and unpublished notes are also included.J. Rufus Fears has taught classical history at Indiana University, Boston University, and the University of Oklahoma.

Village Republics: Economic Conditions for Collective Action in South India


Robert Wade - 1988
    Robert Wade, drawing on research in areas of Andhra Pradesh where rain is scarce and unreliable, argues that some villagers develop and finance joint institutions for cooperative management of common property resources in grazing and irrigation - but others do not. The main reason lies in the risk of crop loss.Villages located towards the tail-end of irrigation systems, and with soils fertile enough to support a high density of livestock, show a larger amount of corporate organization than villages elsewhere. Placing his work in the wider context of both the developing world today and the open-field system of medieval Europe, the author argues that peasants can under certain conditions organize collectively. Privatization or state regulation are not the only ways of preventing degradation of common property resources in peasant societies.

Story of Stupidity: A History of Western Idiocy from the Days of Greece to the Present


James F. Welles - 1988
    

Limits to Friendship: The United States and Mexico


Robert A. Pastor - 1988
    Few relationships between nations are so prickly. America's inveterate problem-solving strikes Mexicans as clandestine imperialism. Mexicans are accused of ignoring the flow of drugs through their country; Americans are accused of saddling Mexico with their drug problem. Americans brood over the influx of Mexican immigrants; Mexicans worry that their culture and traditions are being diluted from the north.These differences are now aired−and their origins made clear−in this landmark book by a former official in the Carter administration and one of Mexico's most respected political scholars. In alternating chapters on foreign policy, economic relations, immigration, and social influence, Robert A. Pastor and JorgeC. Castañeda offer a multifaceted view of the ties and conflicts between their countries.

Man, Economy And Liberty: Essays In Honor Of Murray N. Rothbard


Walter Block - 1988
    

Public Sector Economics: The Role of Government in the American Economy


Randall G. Holcombe - 1988
    Designed for courses in Public Finance, Public Economics, Public Sector Economics, and The Economics of Taxation, this text takes a public choice approach to public finance and looks at public policy as a product of the democratic decision-making process.

A General Theory of Equilibrium Selection in Games


John C. Harsanyi - 1988
    They propose rational criteria for selecting one particular uniformly perfect equilibrium point as the solution of any noncooperative game. And, because any cooperative game can be remodelled as a noncooperative bargaining game, their theory defines a one-point solution for any cooperative game as well. By providing solutions - based on the same principles of rational behavior - for all classes of games, both cooperative and noncooperative, both those with complete and with incomplete information, Harsanyi and Selten's approach achieves a remarkable degree of theoretical unification for game theory as a whole and provides a deeper insight into the nature of game-theoretic rationality. The book applies this theory to a number of specific game classes, such as unanimity games; bargaining with transaction costs; trade involving one seller and several buyers; two-person bargaining with incomplete information on one side, and on both sides. The last chapter discusses the relationship of the authors' theory to other recently proposed solution concepts, particularly the Kohberg-Mertens stability theory.

Stakhanovism and the Politics of Productivity in the Ussr, 1935-1941


Lewis H. Siegelbaum - 1988
    The Stakhanovite movement commemorated the mining of 108 tons of coal by Alexi Stakhanov in 1935 and it was an important symbol by which the state urged workers to achieve greater productivity. As Siegelbaum shows, Stakhanovism can be used to explore the social relations within Soviet industry at a critical stage in its development. In this sense, Stakhanovism was an important symbol of a shift in official priorities from construction of the means of production via increasing inputs of labor to intensive use of capital and labor.

Irreversible Crisis


Harry Magdoff - 1988
    Following the multiple interconnected stock market crashes of October 1987, the economies of the capitalist world entered a new and dangerous phase of the crisis that began in the 1970s with the end of the post-WWII boom. Sweezy and Magdoff argue that far from being a temporary setback, the events of late 1987 are rooted in the nature of the capital accumulation process itself and therefore unlikely to be reversed. Their argument is especially prescient when viewed in light of the financial meltdown of 2008.

Political Economy and the Rise of Capitalism: A Reinterpretation


David McNally - 1988
    

Young, Black, and Male in America: An Endangered Species


Jewelle Taylor Gibbs - 1988
    While other groups, including women and recent immigrants, have made economic and social gains in the last two decades, black youth are now more likely than they were in 1960 to be unemployed, to be involved in the criminal justice system, to be unwed fathers, and to commit suicide. Young black males are a population at risk in an escalating cycle of deviance, dysfunction, and despair.This comprehensive volume provides in-depth analyses of the deteriorating status of black youth, particularly black males. Experts from a variety of professions examine the implications and interrelationships of the multiple problems facing black youth and propose a comprehensive set of policies and programs that address those problems. They consider such important economic, sociocultural, and political issues as unemployment, teenage pregnancy, crime and delinquency substance abuse, and the conservative backlash against civil rights and social welfare programs.

Humanistic Economics: The New Challenge


Mark A. Lutz - 1988
    Humanistic Economics breaks out of this paradigm by proposing an alternative framework that is no longer incompatible with actions undertaken for the sake of deeply held values, compelling reasons, and higher interests. The new theoretical foundation makes it possible to discuss in a new light questions of social institutions, such as the relationship between government and the market, as well as social policy goals like full employment, industrial democracy, and balanced international trade. Equipped with this basic insight, the authors proceed to century-old ideologies of individualist capitalism and scientific socialism.

Native plants of commercial importance: The nomadic life of the professional forager


Richard Alan Miller - 1988
    Many of the plants discussed have long been used in medicinal, cosmetic, food, and floral industries in sufficient quantities to make them commercially important. This book describes these and other forest products, dividing North America into five regions. Each region contains a description of ten common crops now being harvested, with details and a special appendix on marketing. "Forest farming" is stressed to make each crop renewable and self-generating as a natural resource.

The Gift Economy


David J. Cheal - 1988
    David Cheal applies his own findings to modern, industrial societies showing how the sociology of the gift relates to current theories about gender, family and religion. This book should be of interest to students and lecturers of sociology, anthropology, economic sociology and social psychology.

The Theory Of Market Failure: A Critical Examination


Tyler Cowen - 1988
    The common feature of those developments is that they challenge the market failure conclusion that many economists and policymakers have drawn from Samuelson's theory. This volume brings together for the first time the most significant critiques of the theory of market failure. Contributors include: "Paul A. Samuelson, Francis M. Bator, Kenneth D. Goldin, Earl R. Brubaker, Harold Demsetz, Andrew Schotter, Charles M. Tiebout, James Buchanan, Carl J. Dahlman, Robert Axelrod, Ronald H. Coase, Steven N.S. Cheung, Robert W. Poole, Jr., Robert J. Smith, Jack High, Jerome Ellig."

The Review of Austrian Economics, Volume 2


Murray N. Rothbard - 1988
    

Grinning with the Gipper: A Celebration of the Wit, Wisdom, and Wisecracks of Ronald Reagan


James S. Denton - 1988
    An amusing, thought-provoking collection of over 400 of President Reagan's jokes, stories, wisecracks, and impressively quick-witted responses to unexpected developments.

British Historical Statistics


Brian R. Mitchell - 1988
    It is the successor of Abstract of British Historical Statistics and the Second Abstract of British Historical Statistics, which were compiled by the author in collaboration with Phyllis Deane and Hywel Jones respectively. The text presents the user of historical statistics with informed access to a wide range of economic data, without the labour of identifying sources or of transforming many different annual sources into a comparable time series. The statistics selected for presentation are arranged in sixteen chapters. This book will be of value to anyone with an interest in British history and historical statistics.

Security Markets: Stochastic Models


Darrell Duffie - 1988
    Interested readers include students and researchers in economics and finance, as well as financial analysts following the latest theoretical developments in capital asset pricing.

Super Profits and Crises: Modern U.S. Capitalism


Victor Perlo - 1988
    economy and the transnationals. Eighteen chapters on labor and value, exploitation, racism, the rate of profit, monopoly, militarism, the superstructure, imperialism and the world economy, economic crises and more. 75 tables, 25 charts. Illustrated. Appendix. Notes. Index.