Best of
Economics

1992

Out of Control: The New Biology of Machines, Social Systems, and the Economic World


Kevin Kelly - 1992
    Out of Control chronicles the dawn of a new era in which the machines and systems that drive our economy are so complex and autonomous as to be indistinguishable from living things.

For Good and Evil: The Impact of Taxes on the Course of Civilization


Charles Adams - 1992
    Adams makes a convincing case for taxes being the cause of many of the landmark events in civilization's history. Starting in ancient Egypt, Adams surveys how governments established and collected their taxes, and how these procedures led to the fall of Rome, the rise of Islam and the Arabs' successful conquests, the signing of the Magna Carta, the American Revolution and Civil War, and many other momentous events. Adams also offers suggestions for governments wishing to avoid the fate of previous nations destroyed by ignorant tax policies, something every American will no doubt read with much interest.

Systems of Survival: A Dialogue on the Moral Foundations of Commerce and Politics


Jane Jacobs - 1992
    The author of The Death and Life of Great American Cities looks at business fraud and criminal enterprise, overextended government farm subsidies and zealous transit police, to show what happens when the moral systems of commerce collide with those of politics.

The Tragedy of American Compassion


Marvin Olasky - 1992
    Examines America's dismal welfare state and challenges the church to return to its biblical role as guardian of the poor.

Schaum's Outline of Mathematical Economics


Edward T. Dowling - 1992
    Students know that Schaum's delivers the goods—in faster learning curves,better test scores,and higher grades!If you don't have a lot of time but want to excel in class,this book helps you: Brush up before tests; Find answers fast; Study quickly and more effectively; Get the big picture without spending hours poring over dull texts Schaum's Outlines give you the information teachers expect you to know in a handy and succinct format—without overwhelming you with unnecessary details. You get a complete overview of the subject—and no distracting minutiae. Plus,you get plenty of practice exercises to test your skill. Compatible with any classroom text,Schaum's lets you study at your own pace and reminds you of all the important facts you need to remember—fast! And Schaum's is so complete it's the perfect tool for preparing for graduate or professional exams! Students of mathematical economics apply complex formulas—a challenging task that even the best students find daunting. But this Schaum's guide demystifies tough problems and gives you plenty of fully worked examples! Chapters include: Review. Economic Applications of Graphs and Equations. The Derivative and the Rules of Differentiation. Uses of the Derivative in Mathematics and Economics. Calculus of Multivariable Functions. Calculus of Multivariable Functions in Economics. Exponential and LogarithmicFunctions. Exponential and Logarithmic Functions in Economics. Differentiation of Exponential and Logarithmic Functions. The Fundamentals of Linear (or Matrix) Algebra. Matrix Inversion. Special Determinants and Matrices and Their Use in Economics. Linear Programming: A Graphic Approach. Linear Programming: The Simplex Algorithm. Linear Programming: The Dual. Integral Calculus: The Indefinite Integral. Integral Calculus: The Definite Integral. Differential Equations. Difference Equations. Second-Order Differential Equations and Difference Equations. The Calculus of Variations

America: What Went Wrong?


Donald L. Barlett - 1992
    Barlett and Steele deftly expose the shifting tax burdens, deregulation, foreign investment, bankruptcy laws, and other changes that have reeked havoc on the middle class.

Valuing the Earth: Economics, Ecology, Ethics


Herman E. Daly - 1992
    They vividly demonstrate that, contrary to current macroeconomic preoccupations, continued growth on a planet of finite resources cannot be physically or economically sustained and is morally undesirable.Among the issues addressed are population growth, resource use, pollution, theology (east and west), energy, and economic growth. Their common theme is the notion, popular with classical economists from Malthus to Mill, that an economic stationary state is more healthful to life on earth than unlimited growth. A number of essays in the first edition have become classics and have been retained for this edition, which adds six new essays.ContributorsKenneth E. Boulding, John Cobb, Herman E. Daly, Anne H. Ehrlich, Paul R. Ehrlich, Nicholas Georgescu-Roegen, Garrett Hardin, John P. Holdren, M. King Hubbert, C. S. Lewis, E. F. Schumacher, Gerald Alonzo Smith, T. H. Tietenberg, Kenneth N. Townsend

Money of the Mind: How the 1980s Got That Way


James Grant - 1992
    But the speculative frenzy of the eighties didn't just happen. It was the culmination of a long cycle of slow relaxation of credit practices--the subject of James Grant's brilliant, clear-eyed history of American finance. Two long-running trends converged in the 1980s to create one of our greatest speculative booms: the democratization of credit and the socialization of risk. At the turn of the century, it was almost impossible for the average working person to get a loan. In the 1980s, it was almost impossible to refuse one. As the pace of lending grew, the government undertook to bear more and more of the creditors' risk--a pattern, begun in the Progressive era, which reached full flower in the "conservative" administration of Ronald Reagan. Based on original scholarship as well as firsthand observation, Grant's book puts our recent love affair with debt in an entirely fresh, often chilling, perspective. The result is required--and wickedly entertaining--reading for everyone who wants or needs to understand how the world really works."A brilliantly eccentric, kaleidoscopic tour of our credit lunacy. . . . A splendid, tooth-gnashing saga that should be savored for its ghoulish humor and passionately debated for its iconoclastic analysis. It is a fitting epitaph to the credit binge of the '80s."--Ron Chernow, The Wall Street Journal.

Economics, Organization and Management


Paul R. Milgrom - 1992
    KEY TOPICS: Introduces the fundamental problems organizations encounter and explains why they occur. Discusses a number of patterns of response -- showing why organizations are structured as they are, why they adopt the policies they do, and how they solve organizational problems themselves.

Introduction to Econometrics


G.S. Maddala - 1992
    With a rigorous pedagogical framework, which sets it apart from comparable texts, the latest edition features an expanded website providing numerous real life data sets and examples.

Picoeconomics: The Strategic Interaction of Successive Motivational States Within the Person


George Ainslie - 1992
    Dr. Ainslie uses findings from behavioral experiments to show that there is a basic tendency for humans to form temporary preferences for the poorer but earlier of two goals, when the poorer goal is closer at hand. The implications provide a rationale for puzzling behavior, from Frued's defense mechanism to the force of willpower, as well as conspicuous failures of willpower in addictions and other psychiatric disorders. This approach also sheds light on subjects that have been controversial in moral philosophy: weakness of will, self-deception, freedom, and responsibility.

The Culture of Contentment


John Kenneth Galbraith - 1992
    Galbraith focuses on the results of this stasis, including short-term thinking and investment, government as a burden, and corporate sclerosis. The author also explores international issues, such as the parallels between the denial of trouble in Eastern Europe and problems unrecognized in America. This book is a groundbreaking assessment of the future of America.

FREEDOM OF OPPORTUNITY NOT EQUALITY OF OPPORTUNITY


George Reisman - 1992
    Achieving it would require that children all be raised in the same environment and have the same genetic inheritance. In contrast, the essay shows that what we should actually strive for is the freedom of opportunity. Freedom of opportunity means the ability to exploit the opportunities afforded by reality, without being stopped by the initiation of physical force, in particular the initiation of physical force by the government or that takes place with the sanction of the government.For example, people are unable to find work not because there is no work for them to do in physical reality, but because government and labor-union interference, based on the initiation of physical force, prices their labor beyond the reach of potential employers. The amount of work that is out there waiting to be done may be gauged by adding up all the goods and services people would like to have but presently can’t afford to buy. The total of such work far exceeds our ability ever to preform it. Physical force, or the threat of physical force, is what stops people from seizing such opportunities to the point of all who want jobs finding jobs. It creates unemployment in violating people’s freedom of opportunity.The essay shows what opportunities actually are, how they are the product of human thought and effort, and why and how they require individual freedom for their exploitation. The essay upholds the idea of “the self-made man” and demonstrates how and why in later life—in a free society—children born to poor parents can, and again and again do, overtake and surpass the children of far wealthier parents.The essay is essential reading for anyone who wants to defend not only individual freedom but also economic inequality and the institution of inheritance.

Thinking For A Living: Education And The Wealth Of Nations


Ray Marshall - 1992
    Thinking for a Living is the first book to address head-on the issue of the appalling mismatch between what our economy needs and what our educational institutions actually provide. A massive imbalance between the resources available for the education of our managerial, technical, and professional workers on the one hand, and our line workers on the other, threatens our economic survival, according to Marshall and Tucker. The book provides a blueprint for the radical reconstruction of our schools, following much the same principles that allowed some of America's leading industrial organizations to rescue themselves from the brink of ruin by greatly raising productivity without increasing costs. But education, the authors point out, is far more than schooling. All the major functions of our society must function as integrated learning systems. This book spells out how families, communities, and, most of all, businesses can contribute to the effectiveness of our most valuable resource: people. The American educational system is designed to meet the manpower needs of a bygone era. If America is to survive in the infinitely more demanding economic environment of the next century, we must maximize the skills of our work force. Our economic policies will fail—and our standard of living will fall—unless they are linked to an aggressive education policy that results in unprecedented levels of performance.

Elements of Dynamic Optimization


Alpha C. Chiang - 1992
    Chiang introduces readers to the most important methods of dynamic optimization used in economics. The classical calculus of variations, optimal control theory, and dynamic programming in its discrete form are explained in the usual Chiang fashion--with patience and thoroughness. The economic examples, selected from both classical and recent literature, serve not only to illustrate applications of the mathematical methods, but also to provide a useful glimpse of the development of thinking in several areas of economics. Outstanding features include: (1) written with clarity and a comparable level of expository patience; (2) reinforces discussions of mathematical techniques with numerical illustrations, economic examples, and exercise problems; (3) presents a simple problem with a well- known solution in several different alternative formulations in the numerical illustrations; and (4) explains economic models in a step-by-step manner (from the initial construction through the intricacies of mathematical analysis to its final solution).

The Seven Fat Years: And How to Do It Again


Robert L. Bartley - 1992
    He argues that by keeping faith with Reaganomics, further reducing taxes and encouraging the entrepreneurial spirit a sustained period of economic expansion can be achieved.

A Millennium of Family Change: Feudalism to Capitalism in Northwestern Europe


Wally Seccombe - 1992
    Responding to feminist critiques of ‘sex-blind’ historical materialism, Seccombe argues that family forms must be seen to be at the heart of modes of production. He takes issue with the mainstream consensus in family history which argues that capitalism did not fundamentally alter the structure of the nuclear family, and makes a controversial intervention in the long-standing debate over European marriage patterns and their relation to industrialization. Drawing on an astonishing range of studies in family history, historical demography and economic history, A Millennium of Family Change provides an integrated overview of the long transition from feudalism to capitalism, illuminating the far-reaching changes in familial relations from peasant subsistence to the making of the modern working class.

Economic And Financial Modeling With Mathematica


Hal R. Varian - 1992
    of Economics, U. of Michigan. It adds to the growing library of publications surrounding the phenomenal Mathematica software and mathematical computing system authored by Stephen Wolfram.

The Fortunes of Liberalism: Essays on Austrian Economics and the Ideal of Freedom (Collected Works of F. A. Hayek)


Friedrich A. Hayek - 1992
    A. Hayek traces his intellectual roots to the Austrian School. The Fortunes of Liberalism: Essays on Austrian Economics and the Ideal of Freedom also links the Austrian School to the modern rebirth of classical liberal thought.F. A. Hayek (1899–1992) was awarded the Nobel Memorial Prize in Economic Sciences in 1974 and the Medal of Freedom in 1991 and was one of the leading Austrian economists and political philosophers of the twentieth century.Peter G. Klein is Associate Professor in the Division of Applied Social Sciences at the University of Missouri and Associate Director of the Contracting and Organizations Research Institute. He is also Adjunct Professor at the Olin School of Business.

Democracy in Age Corp Co: Developments in Communication and the Politics of Everyday Life


Stanley A. Deetz - 1992
    For most people issues of democracy, representation, freedom of speech, and censorship pertain to the State and its relationship to individuals and groups, and are linked to occasional political processes rather than everyday life decisions. This work reclaims the politics of personal identity and experience within the work environment as a first step to a democratic form of public decision-making appropriate to the modern context.

PowerTalk!: The Power to Create, The Power to Destroy (Powertalk!)


Paul Zane Pilzer - 1992
    This is the key to his proven method for choosing to succeed. Tape # 2: An Interview with Paul Zane PilzerAnthony Robbins interviews Paul Zane Pilzer, bestselling author of Unlimited Wealth. This amazing meeting of minds blows the dust off the textbooks, reanimates economic theory, and makes economics not only understandable but invaluable in making the decisions that guide your life. Special BonusA booklet summary of highlights from Rafael Aguayo's Dr. Deming: The American Who Taught the Japanese About Quality--a fascinating exploration of the philosophy and practices of one of the world's pioneers in the fields of quality control, quality production, and quality management.

The Making of Marx's Capital-Volume 1


Roman Rosdolsky - 1992
    Roman Rosdolsky investigates the relationship between various versions of Capital and explains the reasons for Marx’s successive reworking.

Business Organization and the Myth of the Market Economy


William Lazonick - 1992
    The author criticizes economists for failing to understand these historical changes. The book shows that this intellectual failure is not inherent in the discipline of economics; there are important traditions in economic thought that the mainstream of the economics profession has simply ignored.

The Analytics of Uncertainty and Information


Jack Hirsh - 1992
    Part 1 covers the economics of uncertainty: each person adapts to a given fixed state of knowledge by making an optimal choice among the immediate terminal actions available. These choices in turn determine the overall market equilibrium reflecting the social distribution of risk-bearing. In Part 2, covering the economics of information, the state of knowledge is no longer held fixed, and individuals can overcome their ignorance by informational actions. The text also addresses many specific topics such as insurance, the Capital Asset Pricing Model, auctions, deterrence of entry, and research and invention.

Foundations of Post-Keynesian Economic Analysis


Marc Lavoie - 1992
    It identifies elements from the non-orthodox traditions, in particular from the neo-Ricardian school, that can be welded into a convincing alternative theoretical framework.The building blocks of this synthesis are the non-neo-classical microeconomic foundations of the theory of choice and of the firm. By emphasizing the consequences of a world characterized by true uncertainty and oligopolistic dominance, Marc Lavoie extends short-period paradoxes to the analysis of the long period, and bases these macroeconomic results on microeconomic foundations.

Choice Over Time


George Loewenstein - 1992
    Alarming economic conditions, such as low national savings rates, declining corporate investment in long-term capital projects, and ballooning private and public debt are matched by such social ills as diminished educational achievement, environmental degradation, and high rates of infant mortality, crime, and teenage pregnancy. At the heart of all these troubles lies an important behavioral phenomenon: in the role of consumer, manager, voter, student, or parent, many Americans choose inferior but immediate rewards over greater long-term benefits. Choice Over Time offers a rich sampling of original research on intertemporal choice—how and why people decide between immediate and delayed consequences—from a broad range of theoretical and methodological perspectives in philosophy, political science, psychology, and economics. George Loewenstein, Jon Elster, and their distinguished colleagues review existing theories and forge new approaches to understanding significant questions: Why do people seem to "discount" future benefits? Do individuals use the same decision-making strategy in all aspects of their lives? What part is played by situational factors such as the certainty of delayed consequences? How are decisions affected by personal factors such as willpower and taste? In addressing these issues, the contributors to Choice Over Time address many social, economic, psychological, and personal time problems. Their work demonstrates the predictive power of short-term preferences in behavior as varied as addiction and phobia, the effect of prices on consumption, and the dramatic rise in debt and decline in savings. Choice Over Time provides an essential source for the most recent research and theory on intertemporal choice, offering new models for time preference patterns—and their aberrations—and presenting a diversity of potential solutions to the problem of "temporal myopia."

Fixed-Income Synthetic Assets: Packaging, Pricing, and Trading Strategies for Financial Professionals


Perry H. Beaumont - 1992
    Financial marketsworldwide are being flooded with a wealth of innovative andincreasingly complex securities. Now, more than ever, fixed-incomeprofessionals must understand how these synthetic instruments arestructured and traded, and how to profitably integrate them into anoverall financial strategy. Fixed-Income Synthetic Assets suppliesthis crucial working knowledge. This results-driven primer deliversthe proven tools and techniques for packaging, pricing, and tradingthese innovative products. From A-tranche CMOs to Zero couponbonds, this unique sourcebook guides both the novice and theprofessional through the full range of innovative syntheticstructures and their manifold uses. It's packed with easy-to-useformulas and charts, as well as clear, step-by-step discussions offinancial theory that promote clear understanding of the mostcomplex fixed-income financial engineering strategies andpractices. This timely sourcebook is designed to help traders, arbitrageurs, speculators, and financial executives profit from thefinancial markets of today, and successfully prepare for theopportunities of tomorrow. Perry H. Beaumont offers a logical, well organized book filled with examples. His step-by-stepexplanations make it easy to decipher some of today's mostsophisticated financial instruments. --Ira G. Kawaller VicePresident, Director of New York Office, Chicago Mercantile ExchangeFixed-Income Synthetic Assets is a practical guide tostate-of-the-art financial practice. An excellent tool for thefinancial manager trading in the markets and applying the latestfinancial techniques. --David Robison Vice President &Treasurer Chrysler Financial Corporation

Central Bank Strategy, Credibility, and Independence: Theory and Evidence


Alex Cukierman - 1992
    This book brings together a large body of Cukierman's research and integrates it with developments in the political economy of monetary policy. Filled with applications, it provides an analysis of central bank decisions, of the various effects of policy on inflation, and of the feedback from inflationary expectations to policy choices.

Us Capitalist Development Since 1776: Of, by and for Which People?: Of, by and for Which People?


Douglas Dowd - 1992
    Routledge is an imprint of Taylor & Francis, an Informa company.

Abandoned: The Betrayal of the American Middle Class Since World War II


William J. Quirk - 1992
    Argues that recent policies have subverted constitutional democracy.

A Behavioral Theory of the Firm


Richard M. Cyert - 1992
    The authors use experiments and empirical observations to build their model of decision making. They reject the structure of the firm as represented by classical economic theory, instead they focus on the discretion of management. They also offer a new way of viewing the effects of organization, communications and individuals on the firm's overall activity. This is path breaking book and among the most important and provocative interpretations yet advanced for seeing inside the firm to understand it as an organization and an economic entity.

The Money Bazaar : Inside the Trillion-Dollar World of Currency Trading


Andrew Krieger - 1992
    17,500 first printing. Tour.

Islam and the Economic Challenge


Muhammad U. Chapra - 1992
    Umer Chapra is ranked amongst the Top 50 Global Leaders in Islamic economics (ISLAMICA 500, 2015) and has been awarded with two prestigious awards for his contributions to the field: Islamic Development Bank Award for Islamic Economics (1989) and the King Faisal International Prize for Islamic Studies (1989).

Political and Social Writings: Volume 3, 1961-1979


Cornelius Castoriadis - 1992
    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.This work offers an extraordinary wealth and variety of writings from the crucial years that followed the publication of Castoriadis's landmark text, Modern Capitalism and Revolution. The "new orientation" he proposed for the Socialisme ou Barbarie group centered on the emerging roles of women, youth, and minorities in the growing challenge to established society in the early sixties. Resistance within the group to this new orientation led Castoriadis to criticize the "neopaleo- Marxism" of Jean-François Lyotard and others who ultimately left Socialisme ou Barbarie. A heightened concern for ethnological issues culminated in what might be called, to the embarrassment of today's "poststructuralists," Castoriadis's "premature antistructuralism."Additional texts examine the dissolution of the group itself and analyze the May 1968 rebellion of workers and students - who, according to their own testimony, were inspired by ideas developed in the group's journal. Also included were many of Castoriadis's still-relevant political writings from the seventies, which were developed in tandem with the more explicitly philosophical work now found in The Imaginary Institution of Society and Crossroads in the Labyrinth.Political and Social Writings: Volume 3 provides key elements for a radical renewal of emancipatory thought and action while offering an irreplaceable and hitherto missing perspective on postwar French thought.

Reclaiming the Mainstream


Joan Kennedy Taylor - 1992
    Reclaiming the Mainstream points out that the most enduring voices in the women's movement - Mary Wollstonecraft, Margaret Fuller, John Stuart Mill, Charlotte Perkins Gilman - have spoken out against government privileges and special protection for women so that their individual differences might flourish.This book argues that modern feminism grew out of the 19th-century Woman Movement which, like much late 19th-century thinking, became a battleground between individualist and collectivist ideas. When individualist ideals predominated in this movement - ideals of independence, social mobility, even sexual freedom - it gained wide adherence. But when the movement supported collectivist ideas of social reform, it became more marginal and sectarian. It was a focus on the individual woman's rights and happiness that reinvented feminist movements twice in our history, in the decades from 1910 to the New Deal and then again in the late 1960's. Reclaiming the Mainstream examines this history, gives an overview of the contemporary scene, and analyzes the campaign to pass and ratify an equal rights amendment - and its failure.Reclaiming the Mainstream also discusses contemporary policy issues that affect women: affirmative action and comparable worth; rape, battering, sexual harassment, and incest; the many facets of sexual and reproductive choice; and the attempts to unify feminist and non-feminist women against pornography or in support of social feminist issues.On all these topics, Taylor offers a new and surprising individualist feminist analysis that asks feminists to make their philosophy more consistent and more effective. She calls attention to the continuing voices within the feminist tradition that encourage women to reclaim their strength, their faith in their own abilities, and the community feeling of the seventies to find non-governmental solutions to the problems women still face in managing work, family life, and relationships.

Efficiency and Externalities in an Open-Ended Universe


Roy E. Cordato - 1992
    The Austrian School, however, rooted in an understanding of the competitive process, takes another approach: viewing these supposed problems as having market-based solutions.In Efficiency and Externalities in an Open-Ended Universe, author Roy Cordato elucidates the Austrian view and expands it. He relies strongly on the work of Murray Rothbard and Israel Kirzner to address the modern arguments, showing that there is no standard by which we can judge efficiency apart from the market standard, and no way to adjudicate property rights apart from exchange relationships.This is an important contribution to Austrian literature, the most thorough and extensive study on a topic that is generally treated as a blank check for government to run roughshod over market institutions.No serious student of the market process can afford not to absorb the analytics and lessons of this book.To search for Mises Institute titles, enter a keyword and LvMI (short for Ludwig von Mises Institute); e.g., Depression LvMI

How Does Social Science Work?: Reflections on Practice


Paul Diesing - 1992
    . . will angrily reject the thought that their personality affects their research in any way.”This profound and sometimes witty book will appeal to students and practitioners in the social sciences who are ready to take a fresh look at their field.  An extensive bibliography provides a wealth of references across an array of social science disciplines.

Understanding Consumption


Angus Deaton - 1992
    Attempts by economists to understand saving and consumption patterns have generated some of the best science in economics. For more than fifty years, there has been serious empirical and theoretical activity--never separating data, theory, and policy as has happened in many branches of economics. Research has drawn microeconomists interested in household behavior, as well as macroeconomists, for whom the behavior of aggregate consumption has always occupied a central role in explaining aggregate fluctuations. Econometricians have also made distinguished contributions, and there has been a steady flow of new methodologies by those working on saving and consumption, in time-series econometrics, as well as in the study of micro and panel data. A coherent account of these developments is presented here, emphasizing the interplay between micro and the macro, between studies of cross-section and panels, and those using aggregate time series data.--back cover

Challenge of Organizational Change: How Companies Experience It And Leaders Guide It


Rosabeth Moss Kanter - 1992
    Kanter, Stein, and Jick present here a comprehensive overview and an authoritative model for how to and, in some cases how not to, institute change in organizations.Building upon their "Big Three" model of change, the authors focus on internal and external forces that set events in motion; the major kinds of change that correspond to external and internal change pressures; and the principal tasks involved in managing the change process. Several "portraits" of companies undergoing different types of change, coupled with the authors' own expert analyses, prove that no one person or group can make change "happen" alone. Instead, the authors assert that it is the delicate balance among key players that makes organizational change a success.The authors analyze the forces for change by examining Banc One, Apple Computer, and Lehman Brothers, among others, to illustrate environmental and cyclical change as businesses grow. Then they turn to forms of change, drawing on the Western-Delta merger, strategy change at Bell Atlantic, and takeover turmoil at Lucky Stores, to show how companies change their structures and cultures. The section on execution of change shows "change masters," to use Kanter's own famous term, at work at Motorola, General Electric, and other leading firms, as well as the difficulties of implementing change at General Motors and Microswitch.Fundamental organizational change, they argue, is exemplified by identity change, involving much more than the transfer of tangible assets. Managing the feelings, fears, and hopes of people must be the central strategy during such transitions. In this essential volume for managers and analysts of change, Kanter, Stein, and Jick offer powerful insights, practical new directions for action, prospects for the future of deliberate organizational change, and advice on where to begin the change process, and when: NOW!

Evil Money: The Inside Story of Money Laundering and Corruption in Government Bank and Business


Rachel Ehrenfeld - 1992
    and abroad. A leading authority on banking and money laundering reveals a sophisticated underground economy which links drug cartels, terrorists, and governments in illegal enterprises.

Barter, Exchange and Value: An Anthropological Approach


Caroline Humphrey - 1992
    For their part, anthropologists are more concerned with the social and moral complexities of the gift, and treat barter as mere haggling. The authors in this collection do not accept that barter occupies a residual space between monetary and gift economies. Using accounts from different parts of the world, they demonstrate that it is more than a simple and self-evident economic institution. Barter may constitute a mode of exchange with its own social characteristics, occupying its own moral space. This novel treatment of barter represents an original and topical addition to the literature on economic anthropology.

Property and Contract in Economics


David P. Ellerman - 1992
    

Our Land and Land Policy (Illustrated)


Henry George - 1992
    This was the first book that Henry George developed the philosophy and economic ideology known as Georgism. He argued that everyone owns what he or she creates. However, everything found in nature including land belongs equally to all humanity. Henry George had written extensively in this book about what he considered to be the causes for worldwide economic inequity; land monopolization and speculation by wealthy entrepreneurs and corrupt politicians. But Henry George is optimistic with a solution for a possible brighter future, for a world in which disparities between people of different classes could be adjusted. His solution with a single tax on land is still relevant to daily life of millions of Americans and his theory for land tax is the great theoretical foundation for the knowledge based economic system of America today. This book is for the readers who are interested in the pioneer work and essential thoughts of land value pioneered by Henry George.

From Market-Places to a Market Economy: The Transformation of Rural Massachusetts, 1750-1850


Winifred Barr Rothenberg - 1992
    Drawing the data from exhaustive research in farm account books, probate documents, and town tax valuations the author makes a significant contribution to the long-standing and vigorous debate about the pace, pattern, and genesis of growth in the early American economy. Rothenberg forcefully disputes recent historical interpretations of the preindustrial New England village as a so-called moral economy, insulated from the exigencies of the market. She discovers the simultaneous emergence of markets for farm produce, farm labor, and rural capital. Then, linking market integration to labor productivity growth and agricultural improvement, she confirms that market-led growth in Massachusetts agriculture lay at the origins of the American industrial revolution.

How to Understand Financial Statements: A Non-Technical Guide for Financial Analysis Managers and Executives [With Book with CDROM]


Kenneth R. Ferris - 1992
    Written especially for new and intermediate-level managers and financial professionals, this easy-to-understand guide fills a significant void by taking the confusion out of GAAP so managers can understand and use today’s vast array of published financial statements. This comprehensive resource covers all areas of financial analysis and virtually every type of financial analysis tool, including: - The Income Statement: Authoritative coverage of Revenue Recognition, the Cost of Operations, and Income Taxes – Real and Deferred - The Balance Sheet: Techniques and strategies for analyzing Working Capital, Intercorporate Investments, Noncurrent Operating Assets, Long-term Debt, Debt Valuation, and Owner’s Equity - The Statement of Cash Flows: Including Cash Flow Analysis - The Quality of Reported Earnings and Assets: alternative models of financial analysis For all professionals responsible for credit and investment analysis this indispensable guide bridges the gap between simply reading and fully understanding financial statements.

Business Cycles: Theory, History, Indicators, and Forecasting


Victor Zarnowitz - 1992
    He also measures trends and cycles in economic activity; evaluates the performance of leading indicators and their composite measures; surveys forecasting tools and performance of business and academic economists; discusses historical changes in the nature and sources of business cycles; and analyzes how successfully forecasting firms and economists predict such key economic variables as interest rates and inflation.

GAIA ATLAS OF GREEN ECONOMICS, THE (Gaia Future Series)


Paul Ekins - 1992
    Money is the god, material wealth the principal virtue, and market economics the ruler of our times. But this economics of consumption is full of hidden costs. It is drawing us ever deeper into social, ecological, and economic crisis. We are trading the health of the Earth and our communities for freeways and the free market. This pioneering work in "green" economics shows us a way out of this destructive obsession with economic growth. It explores a new concept of wealth and wealth creation; it describes a new economics synthesis between the market, state, families, and communities; it sets out what governments and people can do to build a sustainable society - to create prosperity and a fairer world in a healthy environment. Paul Ekins is one of the foremost thinkers in a new field, working to bring economics into line with the realities of our time and show people how economics affects all our lives. Mayer Hillman and Robert Hutchison contribute their specialist knowledge of social policy issues.

The Theory of Choice: A Critical Guide


Shaun Hargreaves Heap - 1992
    Part I covers individual choice, Part II examines interactive choice . The final part covers interactive choice .

The Maximum Wage: A Common Sense Perscription For Revitilizing America By Taxing The Very Rich


Sam Pizzigati - 1992
    Traces the history of attempts to limit incomes, and proposes the adoption of a maximum wage as a way to revitalize both democracy and the economy.

Mathematical Methods and Theory in Games, Programming, and Economics


Samuel Karlin - 1992
    Synthesis of concepts of game and programming theory, mathematical economics in a single systematic theory. Throughout, the presentation of each subject is self-contained and completely rigorous, but every effort has been made to bring out the conceptual depth and formal elegance of the overall theory. Advanced undergraduate level. Problems with solutions.

An Introduction to the Economics of Education


Mark Blaug - 1992
    

The Andrew Carnegie Reader


Andrew Carnegie - 1992
    This collection covers 60 years of the industrial giant's life, from his letters to his cousin, George Lauder, written in 1853, to the final chapter of his autobiography, completed in 1914.

Factory Daughters: Gender, Household Dynamics, and Rural Industrialization in Java


Diane L. Wolf - 1992
    She debunks conventional wisdom about the patriarchal family, while at the same time clearly identifying the complex dynamics of class, gender, agrarian change, and industrialization in the Third World.

Population, Technology, and Lifestyle: The Transition To Sustainability


Robert Goodland - 1992
    Population, Technology, and Lifestyle brings together leading experts to suggest specific actions that governments and individuals can take to lead the way to a sustainable society.

The Disintegration of the Soviet Economic System


Michael Ellman - 1992
    Its disintegration is enormously important both in its own right and because of its implications for the rest of the world. This text examines the era of collapse in detail.

Financial Conditions And Macroeconomic Performance: Essays In Honor Of Hyman P. Minsky


Hyman P. Minsky - 1992
    Minsky and his lifelong work. It is based on a conference at Washington University, St. Louis, in 1990 and includes among the authors Benjamin M. Friedman, Charles P. Kindleberger, Jan Kregel and Steven Fazzari. These papers consider Minsky's definitive analysis that yields such a clear and disturbing sequence of financial events: booms, government intervention to prevent debt contraction and new booms that cause a progressive buildup of new debt, eventually leaving the economy much more fragile financially.

The Civil War And The American System: America's Battle With Britain, 1860 1876


W. Allen Salisbury - 1992
    Allen Salisbury first wrote this book in 1978, he was seeking to teach Americans that the battle between the American System of economics and the British System of free trade which resulted in the Civil War, was the center of the political battles of the 20th century. Today this is even more true. The heirs of Adam Smith and the British Empire are pressing for worldwide adoption of free trade, a system which led to slavery in the 19th century, and would do so again today. And certain U.S. political circles are even openly demanding a return to the principles and Constitution of the Confederacy. Utilizing a rich selection of primary-source documents, Salisbury reintroduces the forgotten men of the Civil War-era battle for the American System: Mathew Carey, his son and successor Henry Carey, William Kelley, William Elder, and Stephen Colwell. Together with Abraham Lincoln, they demanded industrial technological progress, against the ideological subversion of British "free trade" economists and the British-dominated Confederacy. Salisbury highlights the career of Henry C. Carey, who, as Lincoln's leading economic advisor, acted to prevent a complete City of London banker's takeover of the United States political-economic system.

Max Weber's Insights And Errors


Stanislav Andreski - 1992
    His ideas continue to be discussed by sociologists and historians and much homage is paid to his contribution to knowledge. However, such is the awe which the breadth of his knowledge inspires that most general books about Weber contain summaries rather than criticism. This book is the first attempt to evaluate Weber's entire work in the light of historical knowledge available today and of contemporary analytic philosophy. Professor Andreski shows where Weber's true greatness lies, which of Weber's ideas are still valid, which need either correction or modification and which merit rejection.Andreski places Weber in his social and cultural context of the intellectual preeminence of German culture in the second half of the nineteenth century. He examines Weber's most famous theses on objectivity, methodological individualism, ethical neutrality; explanation versus understanding; ideal types; rationalisation; bureaucracy, charisma, power, law and religion; as well as the explanation of the rise of capitalism and uniqueness of Western civilization.Andreski concludes by considering what contemporary scholars should learn from Weber if they want to advance further. He argues that the most important lesson is that comparative study of history (including recent history) is the only method of giving empirical support to an examination of large-scale social processes or a general proposition about them.This book was first published in 1984.