This struggle has shaken the world economy, dictated the outcome of wars, and transformed the destiny of men and nations.The Prize is as much a history of the twentieth century as of the oil industry itself. The canvas of history is enormous -- from the drilling of the first well in Pennsylvania through two great world wars to the Iraqi invasion of Kuwait and Operation Desert Storm.

    Stewart shows for the first time how four of the eighties’ biggest names on Wall Street—Michael Milken, Ivan Boesky, Martin Siegel, and Dennis Levine —created the greatest insider-trading ring in financial history and almost walked away with billions, until a team of downtrodden detectives triumphed over some of America’s most expensive lawyers to bring this powerful quartet to justice. Based on secret grand jury transcripts, interviews, and actual trading records, and containing explosive new revelations about Michael Milken and Ivan Boesky written especially for this paperback edition, Den of Thieves weaves all the facts into an unforgettable narrative—a portrait of human nature, big business, and crime of unparalleled proportions.

    His dream is the total eradication of poverty from the world. In 1983, against the advice of banking and government officials, Yunus established Grameen, a bank devoted to providing the poorest of Bangladesh with minuscule loans. Grameen Bank, based on the belief that credit is a basic human right, not the privilege of a fortunate few, now provides over 2.5 billion dollars of micro-loans to more than two million families in rural Bangladesh. Ninety-four percent of Yunus's clients are women, and repayment rates are near 100 percent. Around the world, micro-lending programs inspired by Grameen are blossoming, with more than three hundred programs established in the United States alone. Banker to the Poor is Muhammad Yunus's memoir of how he decided to change his life in order to help the world's poor. In it he traces the intellectual and spiritual journey that led him to fundamentally rethink the economic relationship between rich and poor, and the challenges he and his colleagues faced in founding Grameen. He also provides wise, hopeful guidance for anyone who would like to join him in "putting homelessness and destitution in a museum so that one day our children will visit it and ask how we could have allowed such a terrible thing to go on for so long." The definitive history of micro-credit direct from the man that conceived of it, Banker to the Poor is necessary and inspirational reading for anyone interested in economics, public policy, philanthropy, social history, and business. Muhammad Yunus was born in Bangladesh and earned his Ph.D. in economics in the United States at Vanderbilt University, where he was deeply influenced by the civil rights movement. He still lives in Bangladesh, and travels widely around the world on behalf of Grameen Bank and the concept of micro-credit.

    The entrepreneurs studied are Cornelius Vanderbilt, John D. Rockefeller, James J. Hill, Andrew Mellon, Charles Schwab, and the Scranton family. Most historians argue that these men, and others like them, were Robber Barons. The story, however, is more complicated. The author, Burton Folsom, divides the entrepreneurs into two groups market entrepreneurs and political entrepreneurs. The market entrepreneurs, such as Hill, Vanderbilt, and Rockefeller, succeeded by producing a quality product at a competitive price. The political entrepreneurs such as Edward Collins in steamships and in railroads the leaders of the Union Pacific Railroad were men who used the power of government to succeed. They tried to gain subsidies, or in some way use government to stop competitors. The market entrepreneurs helped lead to the rise of the U. S. as a major economic power. By 1910, the U. S. dominated the world in oil, steel, and railroads led by Rockefeller, Schwab (and Carnegie), and Hill. The political entrepreneurs, by contrast, were a drain on the taxpayers and a thorn in the side of the market entrepreneurs. Interestingly, the political entrepreneurs often failed without help from government they could not produce competitive products. The author describes this clash of the market entrepreneurs and the political entrepreneurs. In the Mellon chapter, the author describes how Andrew Mellon an entrepreneur in oil and aluminum became Secretary of Treasury under Coolidge. In office, Mellon was the first American to practice supply-side economics. He supported cuts on income tax rates for all groups. The rate cut on the wealthiest Americans, from 73 percent to 25 percent, freed up investment capital and led to American economic growth during the 1920s. Also, the amount of revenue into the federal treasury increased sharply after tax rates were cut. The Myth of the Robber Barons has separate chapters on Vanderbilt, Hill, Schwab, Mellon, and the Scrantons. The author also has a conclusion, in which he looks at the textbook bias on the subject of Robber Barons and the rise of the U. S. in the late 1800s. This chapter explores three leading college texts in U. S. history and shows how they misread American history and disparage market entrepreneurs instead of the political entrepreneurs. This book is in its fifth edition, and is widely adopted in college and high school classrooms across the U. S.

    Edwards Deming details the system of transformation that underlies the 14 Points for Management presented in Out of the Crisis.... competition, we see now, is destructive. It would be better if everyone would work together as a system, with the aim for everybody to win. What we need is cooperation and transformation to a new style of management.In this book W. Edwards Deming details the system of transformation that underlies the 14 Points for Management presented in Out of the Crisis. The system of profound knowledge, as it is called, consists of four parts: appreciation for a system, knowledge about variation, theory of knowledge, and psychology. Describing prevailing management style as a prison, Deming shows how a style based on cooperation rather than competition can help people develop joy in work and learning at the same time that it brings about long-term success in the market. Indicative of Deming's philosophy is his advice to abolish performance reviews on the job and grades in school.Previously published by MIT-CAES

    Exposing their historical obsolescence and intellectual sterility, the authors call for a bidding farewell to the whole Eurocentric development idea. This is urgently needed, they argue, in order to liberate people’s minds - in both North and South - for bold responses to the environmental and ethical challenges now confronting humanity.These essays are an invitation to experts, grassroots movements and students of development to recognize the tainted glasses they put on whenever they participate in the development discourse.

    Topics covered include present and historical analysis, foreign economic success, the global economy, obstacles to development, and black consumers and entrepreneurs. This replaces 091354325X.

    He argues for concentrating on higher and more basic values: individual capabilities and freedom to achieve objectives. By concentrating on the equity and efficiency of social arrangements in promoting freedoms and capabilities of individuals, Sen adds an important new angle to arguments about such vital issues as gender inequalities, welfare policies, affirmative action, and public provision of health care and education.

    This book reveals how a new way of economic thinking is essential for success in today's world.

    Complex theory is patiently and carefully developed, then clearly explained and illustrated. Because even the well-prepared students profit from more math. Careful explanations, efficient theorem-proof organization, and many examples and exercises make this a uniquely effective text for advanced courses. Students will appreciate the clear writing and accessible style. *NEW! Chapter on Auction and Mechanism Design. One of the hottest areas in economics today! *NEW! Math Appendix. Even well prepared students profit from additional math training. *Thoroughly updated throughout to reflect the latest data and theories. *An easily accessible style. *Presents core mathematics, neoclassical theory, game theory, and information economics needed to access the modern professional literature.

    Bloomberg News has earned the respect of journalists and readers around the world for its fast, in-depth and accurate stories.The Bloomberg Way, an internal manual compiled over two decades, reflects the new realities of journalism, in which speed is paramount, the impact of news is instantaneous, and the lines between objectivity and opinion are increasingly blurred.The Bloomberg Way is the most thorough and comprehensive guide to reporting and editing the story of money. This indispensable text for both journalism professionals and students outlines the central principles of Bloomberg News, explaining how to write compelling stories while maintaining standards of accuracy, honesty and ethics.The five F's of reporting: Factual, First, Fastest, Final and Future WordThe essentials of writing an enticing lead and organizing story lines when preparing for breaking news on anything from an earnings release to a market crashWays to keep opinion and speculation out of your writingThe Bloomberg Way stylebook is the most important writer's resource of one of the largest news organizations in the world. It informs as it instructs, from how to conduct effective interviews to analyzing financial reports to the imperative for accuracy and integrity in gathering and publishing news.

    He demonstrates that people largely govern themselves by means of informal rules--social norms--that develop without the aid of a state or other central coordinator. Integrating the latest scholarship in law, economics, sociology, game theory, and anthropology, Ellickson investigates the uncharted world within which order is successfully achieved without law.The springboard for Ellickson's theory of norms is his close investigation of a variety of disputes arising from the damage created by escaped cattle in Shasta County, California. In "The Problem of Social Cost"--the most frequently cited article on law--economist Ronald H. Coase depicts farmers and ranchers as bargaining in the shadow of the law while resolving cattle-trespass disputes. Ellickson's field study of this problem refutes many of the behavioral assumptions that underlie Coase's vision, and will add realism to future efforts to apply economic analysis to law.Drawing examples from a wide variety of social contexts, including whaling grounds, photocopying centers, and landlord-tenant relations, Ellickson explores the interaction between informal and legal rules and the usual domains in which these competing systems are employed. Order without Law firmly grounds its analysis in real-world events, while building a broad theory of how people cooperate to mutual advantage.

    Every marketer should read this book." --Joe Cappo, Vice President/Publisher Advertising Age "Tom Harris might well be consumer marketing management's next folk hero. His book provides a wealth of information that will be useful to consumer marketing executives and public relations professionals alike." --Harold Burson, Chairman Burson Marsteller "Tom Harris illustrates how companies can gain competitive advantages in the vicious marketing climate of the 1990s while reducing costs. This book will be must reading at business schools like Chicago, Stanford, and Harvard." --Robert L. Dilenschneider, President The Dilenschneider Group "It's all here: what to do and what not to do, checklists and case histories, even crisis management and minority marketing. Best of all, it's projected through the experience of a true professional in marketing PR. All you need is this book and a client." --John O'Toole, President American Association of Advertising Agencies "I just could't stop reading Tom's book. It's right on the money and demonstrates clearly, comprehensively, and scientifically the critical role that public relations plays in marketing consumer products--and shows why it's going to be increasingly important in the future." --Daniel J. Edelman, Chairman and CEO Daniel J. Edelman, Inc.

    The analytic material is accompanied by many applications, examples, and exercises. The theory of noncooperative games studies the behavior of agents in any situation where each agent's optimal choice may depend on a forecast of the opponents' choices. "Noncooperative" refers to choices that are based on the participant's perceived selfinterest. Although game theory has been applied to many fields, Fudenberg and Tirole focus on the kinds of game theory that have been most useful in the study of economic problems. They also include some applications to political science. The fourteen chapters are grouped in parts that cover static games of complete information, dynamic games of complete information, static games of incomplete information, dynamic games of incomplete information, and advanced topics.--mitpress.mit.edu

    He shows that mainstream free-trade surveys are censorial in excluding the protectionist logic that has guided the trade policy of Europe and the United States, especially by leaving out discussion of the transfer problem and payment of international debts. He points out... Full description

    In this lively and wide-ranging book, Ellen Meiksins Wood argues that what is supposed to have epitomized bourgeois modernity, especially the emergence of a “modern” state and political culture in Continental Europe, signalled the persistence of precapitalist social property relations. Conversely, the absence of a “modern” state and political discourse in England testified to the presence of a well-developed capitalism. The fundamental flaws in the British economy are not just the symptoms of arrested development but the contradictions of the capitalist system itself. Britain today, Wood maintains, is the most thoroughly capitalist culture in Europe.Weaving together economic and political history with the history of ideas, Wood ranges across a broad spectrum of current debates, from the “Nairn–Anderson theses” to the contribution of J.C.D. Clark and Alan Macfarlane, and over a wide variety of topics: the development of British capitalism and French absolutism; the state, the nation and their symbolic representations; revolution and tradition; the cultural patterns of English speech, urbanism, ruralism and the landscape garden; ideas of sovereignty, democracy, property and progress.This book will be as interesting and provocative to observers of contemporary capitalism as to historians of early modern Europe or Western political thought.

    Coase published The Nature of the Firm, a classic paper that raised fundamental questions about the concept of the firm in economic theory. Coase proposed that the comparative costs of organizing transactions through markets rather than within firms are the primary determinants of the size and scope of firms. Coase won the 1991 Nobel Prize in Economics for this work. This volume derives from a conference held in 1987 to commemorate the fiftieth anniversary of the publication of Coase's classic article. The first chapter affords an overview of the volume. It is followed by a republication of the 1937 article, and by the three lectures Coase presented at the conference. These lectures provide a lively and informative history of the origins and development of his thought. Subsequent chapters explore a wide-range of theoretical and empirical issues that have arisen in the transaction cost economic tradition. They illustrate the power of the transaction cost approach to enhance understanding not only of business firms, but of problems of economic organization generally. In addition to Coase's work, contributors include Sherwin Rosen, Paul Joskow, Oliver Hart, Harold Demsetz, Scott Masten, Benjamin Klein, as well as the volume's editors, Oliver E. Williamson, and Sidney G. Winter. The Nature of the Firm includes Coase's acceptance speech for his Nobel Prize in Economics.

    This revised edition updates and enhances the work by bringing it into the twenty-first century. John Sibley Butler traces the development of black enterprises and other community organizations among black Americans from before the Civil War to the present. He compares these efforts to other strong traditions of self-help among groups such as Japanese Americans, Jewish Americans, Greek Americans, and exciting new research on the Amish and the Pakistani. He also explores how higher education is already a valued tradition among black self-help groups--such that today their offspring are more likely to be third and fourth generation college graduates. Butler effectively challenges the myth that nothing can be done to salvage America's underclass without a massive infusion of public dollars, and offers a fresh perspective on those community based organizations and individuals who act to solve local social and economic problems.

    By providing a unified and complete explanation of new statistical methods that are useful for testing for chaos in data sets, Brock, Hsieh, and LeBaron show how the principles of chaos theory can be applied to such areas of economics and finance as the changing structure of stock returns and nonlinearity in foreign exchange. They use computer models extensively to illustrate their ideas and explain this frontier research at a level of rigor sufficient for others to build upon as well as to verify the soundness of their arguments.The authors, who have played a major role in developing basic testing methods that are effective in detecting chaos and other nonlinearities, provide a detailed exposition of empirical techniques for identifying evidence of chaos. They introduce and describe the BDS statistic, an easy-to-use test that detects the existence of potentially forecastable structure, nonstationarity, or hidden patterns in time-series data and that can be adapted to test for the adequacy of fit of forecasting models. An extensive performance evaluation of the BDS is included.Nonlinear Dynamics, Chaos, and Instability also reviews important issues in the theoretical economics literature on chaos and complex dynamics, surveys existing work on the detection of chaos and nonlinear structure, and develops models and processes to discover predictable sequencing in time-series data, such as stock returns, that currently appear random.William A. Brock is Vilas Research Professor of Economics and Blake LeBaron is Assistant Professor of Economics, both at the University of Wisconsin, Madison. David A. Hsieh is Professor of Business at the Fuqua School of Business, Duke University.

    This text provides material that enables the reader to analyze the defects of existing, traditional systems and offers advice on designing systems.

    The authors, distinguished defense analysts, look closely at all aspects of war-making--from officer training and weapons procurement to intelligence gathering and the relationship between "bullets and ballots"--and deliver a startling, timely clarion call that concerned citizens can't afford to ignore.

    Krugman observes that his own shortcomings in ignoring economic geography have been shared by many professional economists, primarily because of the lack of explanatory models. In Geography and Trade he provides a stimulating synthesis of ideas in the literature and describes new models for implementing a study of economic geography that could change the nature of the field. Economic theory usually assumes away distance. Krugman argues that it is time to put it back - that the location of production in space is a key issue both within and between nations.

    Over 30,000 people a year are killed with guns in suicides, homicides, and accidents, and Americans use guns for defensive purposes as many as a million times a year. There is little doubt that gun violence and control are issues of vital importance, and they continue to inspire national debate. It is doubtful, however, that most gun debates are worth listening to. Not surprisingly, they generally leave their participants exactly where they began, with their biases intact, and onlookers perplexed. Written deliberately to counter an atmosphere of hysteria and extremism, Point Blank, now in paperback, offers logical argument supported by empirical information. It confronts fundamental questions head-on. On its initial publication in 1993, Point Black won the Michael J. Hindelang Award of the American Society of Criminology for the book that made the most outstanding contribution to criminology, Point Blank reports both original research and assesses existing evidence drawn from a wide variety of academic disciplines, including criminology, sociology, law, and medicine.

    Volume Two takes readers to the White House during the time of Theodore Roosevelt and travels through each administration through that of George Bush.

    The contributors who come from quite divergent points of the ideological compass present their life philosophies and reflect on their conceptions of human nature, society, justice and the source of the creative impulse. The self-portraits reveal details of the economists' personal and professional lives that capture the significance of the total person. Moreover, they illuminate the product of their labor, and as such, they change one's notions of what an economist can do or be. An introduction by Michael Szenberg, editor-in-chief of The American Economist, makes career and philosophic pattern comparisons.

    This global network of urban systems, including ecosystems, is the anthroposphere; the physical flows and stocks of matter and energy within it form its metabolism. This book offers an overview of the metabolism of the anthroposphere, with an emphasis on the design of metabolic systems. It takes a cultural historical perspective, supported with methodology from the natural sciences and engineering. The book will be of interest to scholars and practitioners in the fields of regional development, environmental protection, and material management. It will also be a resource for undergraduate and graduate students in industrial ecology, environmental engineering, and resource management.The authors describe the characteristics of material stocks and flows of human settlements in space and time; introduce the method of material flow analysis (MFA) for metabolic studies; analyze regional metabolism and the material systems generated by basic activities; and offer four case studies of optimal metabolic system design: phosphorus management, urban mining, waste management, and mobility.This second edition of an extremely influential book has been substantially revised and greatly expanded. Its new emphasis on design and resource utilization reflects recent debates and scholarship on sustainable development and climate change.

    This second edition brings the analysis up to date by relating it to recent empirical developments. This book is a major source of reference for both scholars and students.

    These richly textured stories show how this prosperous Arab deceived his own countrymen to gain great fortunes, while also demonstrating the richness of Arab culture through the ages. The cultural standards described are still quite common in the Middle East. Mahmoud's saga points out the contrasts between Western and Eastern attitudes toward trade, banking, and human relations. And, of course, we see the central roles that religion and family play in everyday Arab life.

    He defines faithjustice as ...a passionate virtue which disposes citizens to become involved in the greater and lesser societies around themselves in order to create communities where human dignity is protected and enhanced, and gifts of creation are shared for the greatest good of all.... Writing with passion and conviction, he explores the biblical grounding for this virtue and provides an overview of its historical development in the Catholic community. And he brings out its contemporary meaning, rooting each chapter in concrete times and places. He concludes with a framework for living faithjustice in our time. This revised edition contains new materials on social teaching documents of the nineties, updated economic and social data and analysis, and, at the request of users of the original volume, questions for reflection and renewal at the ends chapters. Highlights: --Now, more user-friendly --Author is highly respected in this field

    At the same time, and by the same token, it is a consistent critique of the widespread and utterly fallacious belief that the problem of economic life is the creation of new and additional needs and desires for wealth, lest the production of wealth be excessive and thereby result in unemployment as it is cut back to the allegedly narrower limit constituted by the supply of consumer needs and desires.The essay shows that the supply of consumer needs and desires is virtually limitless, depending as it does on nothing more than effortless acts of imagination, such as imagining oneself enjoying mansions, yachts, and personal jet planes. In contrast, the production of wealth always depends on the far more limited range of results that can be achieved by the application of one’s arms and legs to physical reality, results that in comparison to the range of the human imagination are still severely limited even when one operates the most powerful machinery merely by pushing a few buttons and pulling a few levers.Thus, however great our physical productive power might become, the range of our imagination and its ability to find desirable uses for a still greater productive power, will always be present, rendering even the greatest productive power insufficient by comparison and thus scarce.Seen in this light, it becomes clear that there is no such thing as a problem of “creating jobs.” There is a problem of creating remunerative jobs, but not jobs. At all times, there is as much work to be done—as many potential jobs to be filled—as there are unsatisfied human desires which could be satisfied with a greater production of wealth; and as these desires are limitless, the amount of work to be done—the number of potential jobs to be filled—is also limitless. The employment of more and better machinery, therefore, does not cause unemployment. It merely allows men, to the extent that they do not prefer leisure, to produce more and thus to provide for their needs more fully and in a better way. Nor does the working of longer hours or the employment of women, children, foreigners, or people of minority races or religions deprive anyone of employment. It simply makes possible an expansion of production.The essay not only develops the positive implications for machinery and the employment of more people, but also untangles the confusions so often associated with discussions of war and destruction, population growth, advertising, and technological progress. None of these things, the essay shows, can be valuable by virtue of any form of increasing the need or desire for wealth, which are already superabundant. It shows that any actual value they may have must be by virtue of increasing the production and supply of wealth.The subject of a full Newsweek column by Henry Hazlitt, when it originally appeared, the essay is an antidote to much of the error in contemporary “macroeconomics” courses and in public opinion about economics.

    I think it is already widely recognized that formal methods derived from economics can contribute to ethics. This book is concerned with some features of the structure of good, and in that area I believe these methods are especially fruitful.

    It describes the measures that were taken to deal with the post-war slump and the ways in which most capitalist economies achieved steady growth and affluence in the 1950s and 1960s. It goes on to show how this boom was undermined by unemployment ensued.

    Bain and his successors. The new theoretical literature has engendered pessimism in recent years because many results turn out to depend on detailed features of the market that are difficult to measure. This has led many observers to argue that the new literature offers little basis for the kind of cross-industry studies that have formed the empirical base of the subject since the 1950s. Using current game-theoretic methods, John Sutton reexamines the traditional agenda. He argues that despite the delicate nature of many results, there are theoretical predictions that turn out to be extremely robust to reasonable changes in model specification, and these results should be taken into account when looking for statistical regularities across a broad spectrum of different industries. Sutton draws on a wide range of historical sources and on an intensive program of company interviews to assemble a matrix of industry studies relating to twenty markets within the food and drink sector, in six countries - France, the Federal Republic of Germany, Italy, Japan, the United Kingdom and the United States. He combines theory, econometric evidence, and a detailed account of the various patterns of evolution of structure found in these industries in a rigorous evaluation of the strengths and limitations of a game-theoretic approach in explaining the evolution of industrial structure.

    

    They show how global structural changes often impel governments to seek the cooperation of managers of multinational enterprises, but within the constraints of each country's economic resources, social structures and history. Using research into the experience of over fifty multinationals and one hundred investment projects in Brazil, Malaysia and Kenya, the authors develop a matrix of agendas. They present the impact on projects of the multiple factors affecting the bargaining relationships between the government and the foreign firm at different times and in a variety of economic sectors.

    Out of the turbulence and momentum are emerging new sets of personal, institutional and global standards pointing the way toward a more workable human ecology. For this evolutionary process we need new directions and expanded contexts for creating a "win-win" world and new scorecards for measuring a saner, more equitable, gender-balanced, ecologically-conscious future. Hazel Henderson, economist and human ecologist, reveals out vast potentials and possibilities.

    It offers a course of action that will redress the balance.

    Guglielmo Carchedi identifies and analyses three key features of modern capitalism: the rapidly increasing share of human labour needed for the advancement of science and technology rather than for the production of goods; the global, rather than national, nature of production, distribution and consumption; and the dominance of the oligopolies.This analysis enables Carchedi to explore new theoretical frontiers: from an original theory of mental and material labour to an investigation of the conditions under which mental labour produces value; from an assessment of the class structure of modern capitalism to an appraisal of the social content of science and technology; from an alternative account of crises, inflation and stagflation to a study of their relation to the destruction of value and to arms production. He also cast fresh light on a number of basic contemporary issues—including the present financial and monetary crisis—and surveys the most important recent controversies in language accessible to non-specialists.Rigorous and wide-ranging, but written with great lucidity, Frontiers of Political Economy is an essential book for both specialists and students in economics and politics.

    Francks draws out the historical roots of the institutions and practices on which Japan's post-war economic miracle was based and provides a comparative framework within which the Japanese case can be understood and related to development in the rest of the world.New features for this edition include: textboxes summarising key concepts expanded coverage of the early-modern economy, the ‘traditional sector’, and the international context of Japanese growth an increased number of case studies fully up-dated references, glossary and bibliography. Taking a thematic approach, this textbook demonstrates how studying the first example of Asian industrialisation can provide the basis for an alternative, non-western narrative of development. As it such is an important resource for undergraduate and postgraduate courses on the Japanese economy, as well as comparative economic development and economic history more generally.

    In the second edition of The Order of Economic Liberalization, Ronald McKinnon builds on his influential work on the liberalization of financial markets in less developed countries and outlines the progression necessary to move from a "repressed" to an open economy.New to this edition are chapters that contrast the gradual Chinese approach to liberalizing domestic and foreign trade with the "big bang" approach followed by some Eastern European countries and republics of the former Soviet Union. Financial control and macroeconomic stability, McKinnon argues, are more critical to a successful transition than is any crash program to privatize state-owned industrial assets and the banking system.

    After an initial discussion of new approaches to valuation methods, the authors describe traditional approaches and provide a critique of them. Subsequent chapters are devoted to developing models based on cash flow approaches which can aid the appraisal of property investments. Finance theory and computer technology are applied to the analysis.

    He is a leader in applying computer modeling to social science problems. His book The Evolution of Cooperation has been hailed as a seminal contribution and has been translated into eight languages since its initial publication. The Complexity of Cooperation is a sequel to that landmark book. It collects seven essays, originally published in a broad range of journals, and adds an extensive new introduction to the collection, along with new prefaces to each essay and a useful new appendix of additional resources. Written in Axelrod's acclaimed, accessible style, this collection serves as an introductory text on complexity theory and computer modeling in the social sciences and as an overview of the current state of the art in the field.The articles move beyond the basic paradigm of the Prisoner's Dilemma to study a rich set of issues, including how to cope with errors in perception or implementation, how norms emerge, and how new political actors and regions of shared culture can develop. They use the shared methodology of agent-based modeling, a powerful technique that specifies the rules of interaction between individuals and uses computer simulation to discover emergent properties of the social system. The Complexity of Cooperation is essential reading for all social scientists who are interested in issues of cooperation and complexity.

    While Binmore uses a light touch to outline key developments in theory, the text remains a serious exposition of a serious topic. In addition, his unique story-telling approach allows students to immediately apply game-theoretic skills to simple problems. Each chapter ends with a host of challenging exercises to help students practice the skills they have learned.

    Myerson introduces, clarifies, and synthesizes the extraordinary advances made in the subject over the past fifteen years, presents an overview of decision theory, and comprehensively reviews the development of the fundamental models: games in extensive form and strategic form, and Bayesian games with incomplete information.Game Theory will be useful for students at the graduate level in economics, political science, operations research, and applied mathematics. Everyone who uses game theory in research will find this book essential.

    This new edition includes events from 1990 to 2000, when major companies began selling off their divisions, seeking to specialize in a particular business. Aftalion explores the pitfalls these companies encountered as well as the successes of "contrarians"--those companies that remained broad and diversified. He uses BASF, Dow, and Bayer as examples of true contrarians.

    The debate focuses on the relation between crisis and societal as well as political restructuring. The collection provides an introduction to, and a critique of, the post-Fordist debate. The articles represent the fields of political economy, state theory, value theory, Marxist philosophy, and general questions of Marxist methodology. The volume includes, alongside the original debate between Werner Bonefeld, Bob Jessop and John Holloway, hitherto unpublished material by a wide range of authors.

    Despite its popularity, however, there remains much controversy over whether this is an appropriate business for state government and, if so, how the business should be conducted.

    Checkland said that it should be read as a vigorous attempt to relate economics to general thinking and as a challenge to those who are practitioners or elaborators of narrowly prescribed techniques.

    Its examples, checklists, step-by-step instructions, and other practical working tools simplify complex financial management issues and give CFOs, corporate financial managers, and controllers quick answers to day-to-day questions. The Handbook covers important developments in government rules, accounting procedures, taxation and information technology. The practical, hands-on guidance helps diagnose a firm's financial health, boost financial results, avoid unpleasant surprises, cut costs, and make financial decisions with confidence. A free companion CD-ROM contains helpful practice aids and searchable PDFs of the book chapters for your convenience. The 2005-2006 edition of the Corporate Controller's Handbook of Financial Management contains 60 chapters covering the following topic areas: -- Responsibilities of the Controller -- SEC Reporting -- Controller's Reports -- Computer Applications, including chapters on data base management, the client/server environment, and using computers in financial decision making -- Generally Accepted Accounting Principles, including financial statement reporting, accounting and disclosures, interim and segmental reporting, and more -- Management Accounting, including product costing systems and classifications, joint products and by-products, analysis of cost behavior, cost-volume-profit analysis and leverage, cost allocation, contribution margin analysis for nonroutine decisions, budgeting and financial modeling, using variance analysis, improving management performance, ABC, JIT, TQM, quantitative applications in corporate financial management, and more -- Internal Auditing and Control, including internal audit of financial statement accounts, the internal audit function and internal control, and forensic accounting --Financial Analysis, including financial statement analysis, managing analysis of operations, controlling revenue and costs, managing and analyzing risk, reengineering and outsourcing the business, derivative products and reengineering, and more -- Management of Assets, including management of working capital and cash, accounts receivable, and inventory -- Investments, including corporate investments in securities and portfolio diversification and risk management -- Financing the Business, including short- and long-term financing, term loans and leasing, warrants and convertibles, cost of capital and capital structure decisions, and more -- Tax Preparation and Planning, including payroll taxes and how taxes affect business decisions -- Mergers, Divestitures and Failure, including business strategies and shareholder value analysis, financial and earnings forecasting, cash flow forecasting, forecasting financial distress, and more.

    Intended as a companion to Volume 17, Austrian Economics: Perspectives on the Past and Prospects for the Future, Volume 18 attempts to provide an overview of the Austrian approach. While it does not claim to be comprehensive, it is hoped that the selections herein offer a representative sampling of the richness of the Austrian contribution to economic theory and policy.

    A series of questions lie at the heart of this investigation: What is the relevant concept of well-being for the purposes of comparison? How could the comparisons be carried out for policy purposes? How are such comparisons made now? How do the difficulties involved in these comparisons affect the status of utilitarian theories? This collection constitutes the most advanced and comprehensive treatment of one of the cardinal issues in social theory.

    Australian political satire

    

    The positive theme of the essays is that economic analysis, if kept in perspective, is enormously powerful. It provides a way of uncovering the workings of real-world phenomena that fit the perceptions many people have. The negative theme is that economic analysis is not being kept in perspective by economists, and that loss of perspective means that much of what comes out under the name of economic research has little or no value for society. But even this negative theme has positive overtones in demonstrating the power of economic analysis.

    While exploring crimes by the state from both a national and international perspective, this book also reflects the latest scholarship in comparative political and social science, especially as these relate to current developments in the political economy, the study of crimes by the powerful, and theories on state and social control.This book stresses the importance of studying crimes by the state as a prerequisite for peacemaking worldwide. For example, state crimes such as the Iran-Contra Affair or the apartheid policies of South Africa should become the subject matter of criminologists and lay persons alike. The collective evidence gathered here demonstrates that state criminality is primarily an organizational and structural phenomenon, and only secondarily an individual phenomenon, whether committed for ideological reasons or for personal profit.

    At its heart is the notion that, in a situation of choice or confrontation, knowledge of an individual's desires and beliefs will allow their actions to be predicted. Yanis Varoufakis argues that this is an ideal abstraction which is both inapplicable and ineffective. Using examples from industrial relations, diplomacy, hostage crises and the law, he shows that it is impossible to quantify the aspirations of individuals in these conflicts, and that traditional theory ignores both the wider context and the history of similar cases.

    Its aim is to further our understanding of the behavior of the individual economic agent by bringing to light and examining the function of non-rational dispositions and motivations (passions) in the determination of the agent's beliefs and goals. Drawing on the work of David Hume and Adam Smith, the book spells out the particular ways in which the passions come to affect our ordinary understanding and conduct in practical affairs and the intergenerational and interpersonal transmission of ideas through language. Concern with these problems, it is argued, lies at the heart of an important tradition in the British moral philosophy. This emphasis on the non-rational nature of our belief-fixation mechanisms has important implications: it helps to clarify and qualify the misleading claims often made by utilitarian, Marxist, Keynesian, and neo-liberal economic philosophers, all of whom stress the overriding power of ideas to shape conduct, policy, and institutions.

    It puts forward an argument which challenges the prevailing view that the government is able to control the political system tightly. Forces of economic and political change at work in Indonesia are facilitating a new assertiveness by some business groups and are loosening the government's grip on the policy process.