Cussed and discussed by all from notable politicians to academicians to laypersons. Do you want to know the truth about money? Creature from Jekyll Island will give you the answers to these, and other, questions: Where does money come from? Where does it go? Who makes it? The money magicians' secrets are unveiled. We get a close look at their mirrors and smoke machines, their pulleys, cogs, and wheels that create the grand illusion called money. A dry and boring subject? Just wait! You'll be hooked in five minutes. Creature from Jekyll Island Reads like a detective story which it really is. But it's all true. This book is about the most blatant scam of all history. It's all here: the cause of wars, boom-bust cycles, inflation, depression, prosperity. Creature from Jekyll Island is a "must read." Your world view will definitely change. You'll never trust a politician again or a banker.

    This work begins with a mini-treatment of money and banking theory, and then plunges right in with the real history of the Federal Reserve System. Rothbard covers the struggle between competing elites and how they converged with the Fed. Rothbard calls for the abolition of the central bank and a restoration of the gold standard. His popular treatment incorporates the best and most up-to-date scholarship on the Fed's origins and effects.

    Arrighi argues that capitalism has unfolded as a succession of “long centuries,” each of which produced a new world power that secured control over an expanding world-economic space. Examining the changing fortunes of Florentine, Venetian, Genoese, Dutch, English and finally American capitalism, Arrighi concludes with an examination of the forces that have shaped and are now poised to undermine America’s world dominance. A masterpiece of historical sociology, The Long Twentieth Century rivals in scope and ambition contemporary classics by Perry Anderson, Charles Tilly and Michael Mann.

    These innovations produced a genuine revolution—the democratization of money—in which the middle class became financial players.Author Joe Nocera’s 2013 introduction describes where this revolution took those who embraced it, that is, practically all of us. We have gone into debt, made dicey investments, and lived through many bursting bubbles. We used the financial tools we now had at our disposal to act on bets and dares we didn’t yet understand. We bet on the Internet, borrowed on our homes, and compromised our retirements in pursuit of the American dream.A Piece of the Action is an important piece of financial and social history, and Nocera’s 2013 critique of the uses of the revolution is a powerful warning and admonition to understand what is at stake before we act.

    It repays us many times over to be good economists. Economic issues are active in our lives every day. However, when the subject of economics comes up in conversation or on the news, we can find ourselves longing for a more sophisticated understanding of the fundamentals of economics.36 lectures | 30 minutes each.

    This book synthesizes these recent advances and makes them accessible to first-year graduate students. James Hamilton provides the first adequate text-book treatments of important innovations such as vector autoregressions, generalized method of moments, the economic and statistical consequences of unit roots, time-varying variances, and nonlinear time series models. In addition, he presents basic tools for analyzing dynamic systems (including linear representations, autocovariance generating functions, spectral analysis, and the Kalman filter) in a way that integrates economic theory with the practical difficulties of analyzing and interpreting real-world data. Time Series Analysis fills an important need for a textbook that integrates economic theory, econometrics, and new results.The book is intended to provide students and researchers with a self-contained survey of time series analysis. It starts from first principles and should be readily accessible to any beginning graduate student, while it is also intended to serve as a reference book for researchers.-- "Journal of Economics"

    Investment Biker is the fascinating story of Rogers’s global motorcycle journey/investing trip, with hardheaded advice on the current state and future direction of international economies that will guide and inspire investors interested in foreign markets.

    Reprint.

    They have refined their solid coverage of the material without overloading it with extraneous detail and have revised the now 2-color text to be even more concise and appropriate to today's engineering student. The text discusses the application of the fundamentals of Newtonian dynamics and applies them to real-world engineering problems. An accompanying Study Guide is also available for this text.

    A. Hayek. Economist, social and political theorist, and intellectual historian, Hayek passionately championed individual liberty and condemned the dangers of state control. Now Hayek at last tells the story of his long and controversial career, during which his fortunes rose, fell, and finally rose again.Through a complete collection of previously unpublished autobiographical sketches and a wide selection of interviews, Hayek on Hayek provides the first detailed chronology of Hayek's early life and education, his intellectual progress, and the academic and public reception of his ideas. His discussions range from economic methodology and the question of religious faith to the atmosphere of post-World War I Vienna and the British character.Born in 1899 into a Viennese family of academics and civil servants, Hayek was educated at the University of Vienna, fought in the Great War, and later moved to London, where, as he watched liberty vanish under fascism and communism across Europe, he wrote The Road to Serfdom. Although this book attracted great public attention, Hayek was ignored by other economists for thirty years after World War II, when European social democracies boomed and Keynesianism became the dominant intellectual force. However, the award of the Nobel Prize in economics for 1974 signaled a reversal in Hayek's fortunes, and before his death in 1992 he saw his life's work vindicated in the collapse of the planned economies of Eastern Europe.Hayek on Hayek is as close to an autobiography of Hayek as we will ever have. In his own eloquent words, Hayek reveals the remarkable life of a revolutionary thinker in revolutionary times."One of the great thinkers of our age who explored the promise and contours of liberty....[Hayek] revolutionized the world's intellectual and political life"—President George Bush, on awarding F. A. Hayek the Medal of FreedomF. A. Hayek, recipient of the Medal of Freedom 1991 and the Nobel Memorial Prize in Economics in 1974, was a pioneer in monetary theory and the principal proponent of the libertarian philosophy. Hayek is the author of numerous books in economics, as well as books in political philosophy and psychology.

    The fourth edition of this highly successful text provides a uniquely broad ranging and international introduction to the field.

    A unifying framework uses a few core principles to organize readers' thinking then examines the models as real-world scenarios from a practitioner's perspective. By analyzing these applications, readers develop the critical-thinking and problem-solving skills necessary to respond to challenging situations in their future careers. Introduction: Why Study Financial Markets and Institutions?; Overview of the Financial System. Fundamentals of Financial Markets: What Do Interest Rates Mean and What Is Their Role in Valuation?; Why Do Interest Rates Change?; How Do Risk and Term Structure Affect Interest Rates?; Are Financial Markets Efficient? Central Banking and the Conduct of Monetary Policy: Structure of Central Banks and the Federal Reserve System; Conduct of Monetary Policy: Tools, Goals, Strategy, and Tactics. Financial Markets: The Money Markets; The Bond Market; The Stock Market; The Mortgage Markets; The Foreign Exchange Market; The International Financial System. Fundamentals of Financial Institutions: Why Do Financial Institutions Exist?; What Should Be Done About Conflicts of Interest? A Central Issue in Business Ethics. The Financial Institutions Industry: Banking and the Management of Financial Institutions; Commercial Banking Industry: Structure and Competition; Savings Associations and Credit Unions; Banking Regulation; The Mutual Fund Industry; Insurance Companies and Pension Funds; Investment Banks, Security Brokers and Dealers, and Venture Capital Firms. The Management of Financial Institutions: Risk Management in Financial Institutions; Hedging with Financial Derivatives. On the Web: Finance Companies. For all readers interested in financial markets and institutions.

    The development apparatus generated categories powerful enough to shape the thinking even of its occasional critics while poverty and hunger became widespread. Development was not even partially deconstructed until the 1980s, when new tools for analyzing the representation of social reality were applied to specific Third World cases. Here Escobar deploys these new techniques in a provocative analysis of development discourse and practice in general, concluding with a discussion of alternative visions for a postdevelopment era.Escobar emphasizes the role of economists in development discourse--his case study of Colombia demonstrates that the economization of food resulted in ambitious plans, and more hunger. To depict the production of knowledge and power in other development fields, the author shows how peasants, women, and nature became objects of knowledge and targets of power under the gaze of experts.

    H. Coase, widely recognized for his seminal work on transaction costs, reflects on some of the most fundamental concerns of economists over the past two centuries.In fifteen essays, Coase evaluates the contributions of a number of outstanding figures, including Adam Smith, Alfred Marshall, Arnold Plant, Duncan Black, and George Stigler, as well as economists at the London School of Economics in the 1930s.Ronald H. Coase was awarded the Nobel Prize in Economic Science in 1991.

    In so doing, they answer important questions about investment decisions and the behavior of investment spending.This new approach to investment recognizes the option value of waiting for better (but never complete) information. It exploits an analogy with the theory of options in financial markets, which permits a much richer dynamic framework than was possible with the traditional theory of investment. The authors present the new theory in a clear and systematic way, and consolidate, synthesize, and extend the various strands of research that have come out of the theory. Their book shows the importance of the theory for understanding investment behavior of firms; develops the implications of this theory for industry dynamics and for government policy concerning investment; and shows how the theory can be applied to specific industries and to a wide variety of business problems.

    More than fifty scholars from all over the world present new, concise and accessible accounts of the present state of humanity and the prospects for its social and natural environment. The subjects range from deforestation, water pollution and ozone layer depletion to poverty, homelessness, mortality and murder. Each contributor considers the present situation, historical trends, likely future prospects, and the efficacy or otherwise of current activity and policy. The coverage is worldwide, with a particular emphasis on North America. The State of Humanity is a magnificent and eye-opening synthesis of cultural, social, economic and environmental perspectives. It will interest all those - including geographers, economists, sociologists and policy makers - concerned to understand some of the most pressing problems of our time.

    Professor Mason Gaffney charges his colleagues with using a theoretical apparatus that is fatally flawed. But he goes further: he accuses the founders of neo-classical economics - the paradigm taught in schools and universities - of acting in bad faith. They distorted the science of economics to protect vested interests, and prevented governments adopting policies that would yield prosperity for everyone. How did it happen?

    After a decade of resistance from economists, these ideas are now being widely discussed and adopted, as Kenneth Arrow recounts in his foreword. In fundamental ways they are changing our views of the working economy.

    Plossl covers important post-MRP developments, including MRPII, Just-in-Time techniques, and Total Quality Management, and reveals examples of MRP applications, along with problems and solutions.

    They make the crucial choices about who pays the taxes, who gets into college, who gets medical care, who gets drafted, where the hazardous waste dump is sited, and how much we pay for public services. Debate about these issues inevitably centers on the question of whether the solution is fair. In this book, H. Peyton Young offers a systematic explanation of what we mean by fairness in distributing public resources and burdens, and applies the theory to actual cases.

    Concise and accessible, this book will introduce undergraduates in various disciplines and others unfamiliar with Marxism to the basic vocabulary of Marx's thought.Using engaging examples, Markar Melkonian emphasizes Marxism as a materialist approach to understanding society and human history. Drawing on the work of V. I. Lenin, Rosa Luxemburg, Antonio Gramsci, and more recent figures, Melkonian introduces such concepts as social practice, mode of production, class, state power, ideological hegemony, and imperialism. A glossary and end-of-chapter reading lists provide beginning students with additional guidance.For more advanced students looking for a lean but sophisticated overview, this book constitutes a trenchant and engaging reevaluation of Marx's intellectual legacy.

    Readers always enjoy the unforgettable Deming humor, and they gain insight into his philosophy. This book makes a great little gift.

    He explores the emergence of capitalism in the region, the development of the cotton textile industry, its particular problems in the 1920s and 1930s and the mill owners' and the states' responses to them. The author also investigates how a labor force was formed in Bombay, its rural roots, urban networks, industrial organization and the way in which it shaped capitalist strategies.

    Hyundai, the largest chaebol, is examined in the context of Korean history, ancient and modern, and the Confucian value system that permeates all Korean life.

    The Pulitzer Prize-winning authors of the bestselling "America: What Went Wrong?" now probe the current scandal of the American tax system and show in detail the inequities that run through federal, state, and local taxation.

    The book offers a consideration of local, regional, national and global economic development over the long historical term. The theory and practice of economic and political geography provide a basis for understanding the interactions within and among the developed and developing countries of the world. Illustrated in colour throughout, this new edition has been completely reworked and updated to take account of the substantial changes in the world economy, and includes a new chapter on services. It is ideal for upper level university undergraduates and for post-graduates in a variety of specializations including geography, economics, political science, international relations and global studies.

    and Canada. Many undergraduate texts treat macroeconomics as a set of distinct topics rather than as a unified body of theory and empirical findings. In contrast, this text by Alan Auerbach and Laurence Kotlikoff uses a single analytic framework--the two-period life-cycle model--to explore and connect each of the major issues in contemporary macroeconomics. The model describes the evolution of the economy over time in terms of the behavior of overlapping generations of individuals, each of whom lives for two periods: youth and old age. This versatile framework can encompass most macroeconomic schools of thought through the alteration of key assumptions. The use of one basic model also allows the authors to explore important topics not always addressed adequately in other texts; these include credit constraints, real business cycles, generational accounting, and international capital flows markets.Written in a clear, accessible style, this shortened and simplified second edition provides a systematic way to interpret macroeconomic outcomes, to understand various policy proposals, and to appreciate how individuals and firms fit into the big picture.Not for sale in U.S. and Canada

    

    Featuring accessible, informative and provocative entries on all the significant areas, this book breaks new ground by bringing together widely dispersed but theoretically congruent ideas for the first time. Several entries assess evolutionary and institutional aspects in the work of otherwise orthodox political economists, such as Adam Smith, Alfred Marshall and Friedrich A. von Hayek. Although some attention has been given to the critique of mainstream neoclassical economics, the principal focus has been on the affirmative presentation of institutional and evolutionary economics as alternatives to both the neoclassical and Marxian schools. An important feature of the work is the inclusion of a large number of entries addressing the foundations of inquiry into political economy.As the best single reference source on institutional and evolutionary economics now available, this two volume set will be welcomed by students and teachers in economics, scholars in related social sciences and government policymakers.

    While the assembly line (invented by Henry Ford at the beginning of the last century) excluded any form of linguistic productivity, today, there is no production without communication. The new technologies are linguistic machines. This revolution has produced a new kind of worker who is not a specialist but is versatile and infinitely adaptable. If standardized mass production was dominant in the past, today we produce an array of different goods corresponding to specific consumer niches. This is the post-Fordist model described by Christian Marazzi in Capital and Affects (first published in 1994 as Il posto dei calzini [The place for the socks]). Tracing the development of this new model of labor from Toyota plants in Japan to the most recent innovations, Marazzi's critique goes beyond political economy to encompass issues related to social life, political engagement, democratic institutions, interpersonal relations, and the role of language in liberal democracies.This translation at long last makes Marazzi's first book available to English readers. Capital and Affects stands not only as the foundation to Marazzi's subsequent work, but as foundational work in post-Fordist literature, with an analysis startlingly relevant to today's troubled economic times.This Semiotext(e) edition includes the afterword Marazzi wrote for the 1999 Italian edition.

    Author and financial expert Ron Blue gives practical, Scripture-based advice that enables you to prosper through tomorrow's uncertainties. Storm Shelter offers a safe haven for anyone who wants financial security that lasts a lifetime. Included are a detailed plan for financial security, real world examples of financial strategies that work--and others that you need to avoid, cost-saving tactics covering everything from food bills to education expenses, and more!

    economy for the postwar period. The patterns that result are significantly different from those derived within conventional systems of national accounts. Conventional national accounts seriously distort basic economic aggregates, because they classify military, bureaucratic and financial activities as the creation of new wealth, when in fact they should be classified as forms of social consumption that, like personal consumption, actually use up social wealth in the performance of their functions.

    Invented by the Babylonians at the end of the fourth millennium B.C., this script, called proto-cuneiform, survives in the form of clay tablets that have until now posed formidable barriers to interpretation. Many tablets, excavated in fragments from ancient dump sites, lack a clear context. In addition, the purpose of the earliest tablets was not to record language but to monitor the administration of local economies by means of a numerical system. Using the latest philological research and new methods of computer analysis, the authors have for the first time deciphered much of the numerical information. In reconstructing both the social context and the function of the notation, they consider how the development of our earliest written records affected patterns of thought, the concept of number, and the administration of household economies. Complete with computer-generated graphics keyed to the discussion and reproductions of all documents referred to in the text, Archaic Bookkeeping will interest specialists in Near Eastern civilizations, ancient history, the history of science and mathematics, and cognitive psychology.

    Now, no one seems to make anything, and we buy what we need from shops. Gifts and Commodities describes the cultural and historical process of these changes and looks at the rise of consumer society in Britain and the United States. It investigates the ways that people think about and relate to objects in twentieth-century culture, at how those relationships have developed, and the social meanings they have for relations with others.Using aspects of anthropology and sociology to describe the importance of shopping and gift-giving in our lives and in western economies, Gifts and Commodities: * traces the development of shopping and retailing practices, and the emergence of modern notions of objects and the self * brings together a wealth of information on the history of the retail trade * examines the reality of the distinctions we draw between the impersonal economic sphere and personal social sphere * offers a fully interdisciplinary study of the links we forge between ourselves, our social groups and the commodities we buy and give.

    To understand the origins of these different policies, this book examines the evolution of public policies governing one of the first modern industries, the railroads. The author challenges conventional thinking in economics, political science, and sociology by arguing that cultural meaning plays an important role in the development of purportedly rational policies designed to promote industrial growth. This book has implications for the study of rational institutions of all sorts, including science, management, and economics, as well as for the study of culture.

    Shows organizations and technical managers how to change in order to improve quality in delivered services and products and in employee satisfaction using Deming's principles.

    

    This book by an eminent ecologist presents in word and photograph the ecology of this beautiful area. Dennis H. Knight begins by introducing the diverse environments in the region and their geologic history. He then discusses the landscapes along streams and rivers, the lowland plains and basins, the foothills and mountains, and three regions of special interest - Yellowstone National Park, Grand Teton National Park, and the Black Hills and Bear Lodge Mountains. He concludes by explaining land use constraints and opportunities in the region. Throughout the book, Knight considers plant ecology, plant-animal interactions, geologic influences, nutrient cycling, land management, and disturbances such as fires and insect epidemics. More than 150 photographs, maps, and line drawings illustrate ecological processes and landscape patterns. A remarkable synthesis of information on land management, ecosystem science, and plant and animal adaptation, the book will be of interest to naturalists as well as to ecologists and professional land managers.

    Notably successful as a young man in Birmingham's metal-manufacturing industry, he tackled politics as business—venture by venture, innovative in organization as well as product, alert to the importance of accounting and marketing. Aggressive and direct in both personality and principle, he was loyal to enterprise rather than to party. He never became prime minister, yet by the beginning of the twentieth century he was by general consent "the first minister of the British Empire."This book by Peter T. Marsh is the first complete, archivally based, single-volume biography of Chamberlain. Skillfully dissecting his political career, Marsh reveals Chamberlain's radically fresh approach to most of Britain's problems between the Second Reform Act and the First World War. He also highlights the distortions and discontinuities: the breach with Gladstone over Irish Home Rule, which drove Chamberlain from the left of the Liberal party into enduring alliance with the Conservative right; how Chamberlain came to be the champion of the House of Lords instead of its scourge; the cause and effects of Chamberlain's shift from free trader to protectionist. In addition, Marsh explains Chamberlain's internationalism, his involvement in South Africa, Canada, and the United States, and his sustained campaign to develop the Empire's "undeveloped estates."Searching and judicious, the book evokes the contradictions in Chamberlain's personality and private life, his vigor, intensity, and imperious self-confidence along with his inner desolation and lifelong nervous strain. Finely written and argued, the book makes compelling reading, presenting the story of a life that is one of the most absorbing in modern British politics.

    

    By studying Roman coin-survivals in a wider context, the author uncovers important facts about the origin of coin hoards of the Principate. The resulting analyses use extensive coin material collected for the first time. Dr. Duncan-Jones builds up a picture of minting, financial policy and monetary circulation that adds substantially to our knowledge and that stands as the only study of its kind for this period.

    This study examines the international economy and the economies of Japan, South Africa, and Puerto Rico, as well as the United States.

    With more than 11 million soldiers to be armed, fed, clothed, and transported, logistics - including the design, procurement, distribution, and movements of supplies and the transportation of troops - became big business. General Brehon B. Somervell, a brilliant military-industrial manager, led the army's wartime logistical operation. Sometimes criticized as a big spender, he understood well the decisive role of superior material and mobility. As America's chief wartime logistician, he demanded ample supplies for the troops, at the right place at the right time. A graduate of West Point, Somervell served his country in both the military and civilian arenas. As head of the Works Progress Administration in New York City, he won recognition for his effective management; later, he helped prepare the nation for war by building training camps and munitions plants. At the height of his career, as head of the War Department Services of Supply - known later as the Army Service Forces - Somervell was responsible for the supply and administration of the army within the United States and the support of troops overseas. He also was the War Department's principal logistical advisor and troubleshooter. In these ways, Somervell played a vital role in the mobilization of forces and powerfully influenced the United States' conduct of the war. In this much-needed biography, Ohl illuminates the centrality of logistics in the Allied path to victory over the Axis powers and also shows how the interaction of military, political, and business leaders during the war helped to shape national policy. Ohl baseshis study on exhaustive research in the National Archives, on manuscript collections, and on oral histories and interviews. Supplying the Troops will appeal especially to those interested in military logistics and history, economic history, and the World War II era.

    Principles not only revolutionized value, price, and marginal utility theories, but it was also used as the primary textbook by several generations of Austrian students and scholars, including Ludwig von Mises and F. A. von Hayek. No economist's library is complete without a copy of this classic work. New printing in 1994!

    Among other topics, they take issue with the traditional view that socialism means rejecting the use of markets to organise economic activities, and question the reliance upon markets.

    Beginning with the 1960s, Seidman shows how both authoritarian states promoted specific rapid-industrialization strategies, in the process reshaping the working class and altering relationships between business and the state. When economic growth slowed in the 1970s, workers in these countries challenged social and political repression; by the mid-1980s, they had become major voices in the transition from authoritarian rule.Based in factories and working-class communities, these movements enjoyed broad support as they fought for improved social services, land reform, expanding electoral participation, and racial integration.In Brazil, Seidman takes us from the shopfloor, where disenfranchized workers organized for better wages and working conditions, to the strikes and protests that spread to local communities. Similar demands for radical change emerged in South Africa, where community groups in black townships joined organized labor in a challenge to minority rule that linked class consciousness to racial oppression. Seidman details the complex dynamics of these militant movements and develops a broad analysis of how newly industrializing countries shape the opportunities for labor to express demands. Her work will be welcomed by those interested in labor studies, social theory, and the politics of newly industrializing regions.

    This book brings together the basic documents needed for reaching an informed judgment on the central ethical question in the Pinto case: did Ford Motor Company act ethically in designing the Pinto fuel system and in deciding not to upgrade the integrity of that system until 1978? The five parts of this book cover the case, cost-benefit analysis, whistle blowing, product liability, and government regulations.

    One of the central questions for industrial policy is how to regulate firms with market power. Regulatory Reform tackles this important policy issue in two parts: it describes an analytical framework for studying the main issues in regulatory reform, and then applies the analysis to the British experience in four utility industries - telecommunications, gas, electricity, and water supply. Britain's utility industries, state-owned monopolies just ten years ago, offer a dramatic example of comprehensive reforms with parallels elsewhere: industries have been restructured, markets have been liberalized, and new regulatory methods and institutions have been created. The authors focus on common policy questions that arise in each industry while taking into account the considerable diversity between the industries and the different reform policies adopted. The analysis and experience in Britain's utility industries also provides a rich variety of issues concerning monopolistic and anticompetitive practices that are of interest for competition policy in general. Regulation of Economic Activity series

    They address important issues of the mid-nineteenth century in philosophy, science, economics, and politics. Cumulatively, these letters provide a humanistic view of Western Europe and its social problems. They add valuable perspective to what we know about the work of Mill and Comte, in a critical period of English and French thought.The correspondence begins with an admiring letter from Mill who considers himself a positivist at the tune and writes to Comte as to an elder colleague. A close friendship developed, in the course of which they discussed matters of common concern. Their understanding extends to personal experiences, including their respective mental crises at an early age. The opinions expressed about their contemporaries are significant and include comments on Thomas Carlyle, John and Sarah Austin, and Alexander Bain, on philosophers and major authors in France, Germany, and Italy. Mill and Comte eventually encountered issues on which they could not come to consensus, especially the equality of women. While Mill was an ardent defender of women's rights, Comte supported the traditional hierarchy that endowed men with social and political superiority.According to Jerome H. Buckley, Gurner Professor of English Literature Emeritus at Harvard University, "The correspondence of Mill and Comte, now available for the first time in English translation, is a remarkable intellectual exchange, a dialogue of real significance in the history of ideas." This volume will be of great interest to philosophers, historians, economists, women's studies scholars, and political scientists.

    Other leading economists and policymakers examine a variety of domestic and international issues, including monetary and exchange rate policy, regulation and antitrust, as well as trade, tax, and budget policies.The contributors to this volume are Alberto Alesina, Phillip Areeda, Elizabeth Bailey, William F. Baxter, C. Fred Bergsten, James Burnley, Geoffrey Carliner, Christopher DeMuth, Douglas W. Elmendorf, Thomas O. Enders, Martin Feldstein, Jeffrey A. Frankel, Don Fullerton, William M. Isaac, Paul L Joskow, Paul Krugman, Robert E. Litan, Russell B. Long, Michael Mussa, William A. Niskanen, Roger G. Noll, Lionel H. Olmer, Rudolph Penner, William Poole, James M. Poterba, Harry M. Reasoner, William R. Rhodes, J. David Richardson, Charles Schultze, Paula Stern, David Stockman, William Taylor, James Tobin, W. Kip Viscusi, Paul A. Volcker, Charles E. Walker, David A. Wise, and Richard G. Woodbury.

    Routledge is an imprint of Taylor & Francis, an Informa company.

    And it's written so you don't need a background in economics to understand it. Expert narration states the black letter law and presents policy arguments for alternatives. Text also includes an analysis of recent Supreme Court and lower-court decisions.

    His reinterpretation of classical social contract ideas within a game-theoretic framework generates new insights into the fundamental questions of social philosophy. He clears the way for this ambitious endeavor by first focusing on foundational issues -- paying particular attention to the failings of recent attempts to import game -- theoretic ideas into social and political philosophy.Binmore shows how ideas drawn from the classic expositions of Harsanyi and Rawls produce a synthesis that is consistent with the modern theory of noncooperative games. In the process, he notes logical weaknesses in other analyses of social cooperation and coordination, such as those offered by Rousseau, Kant, Gauthier, and Nozick. He persuasively argues that much of the current literature elaborates a faulty analysis of an irrelevant game.Game Theory and the Social Contract makes game-theoretic ideas more widely accessible to those with only a limited knowledge of the field. Instructional material is woven into the narrative, which is illustrated with many simple examples, and the mathematical content has been reduced to a minimum.

    In Beyond Politics, William C. Mitchell and Randy T. Simmons carefully scrutinize this traditional view through the modern theory of public choice.The authors enlighten the relationship of government and markets by emphasizing the actual rather than the ideal workings of governments and by reuniting the insights of economics with those of political science. Beyond Politics traces the anatomy of “government failure” and a pathology of contemporary political institutions as government has become a vehicle for private gain at public expense. In so doing, this brisk and vigorous book examines a host of public issues, including social welfare, consumer protection, and the environment. Offering a unified and powerful perspective on the market process, property rights, politics, contracts, and government bureaucracy, Beyond Politics is a lucid and comprehensive book on the foundations and institutions of a free and humane society.

    Rank's juxtaposition of numbers and faces demonstrates that welfare recipients share much in common with the rest of the population.

    These eleven essays explore the tension between Hitler's vision of an armed economyand the reality of German economic and social life. Richard Overy argues that the German economy was much less crisis-ridden in 1939 than its enemies supposed, and that Hitler, far from limiting his war effort, tried to mobilize the economy for total war from 1939 onwards. Only the poororganization of the Nazi state and the interference of the military prevented higher levels of military output. Many of these essays challenge accepted views of the Third Reich. In his introduction Richard Overy reflects on the issues the essays raise, and the ways in which the subject is changing. Often thought-provoking, always informed, War and Economy opens a window on a essential aspect of Hitler's Germany.

    This book provides a superb introduction to these debates and their far-reaching implications, and includes key texts by post-Fordism's major theorists and commentators.

    The authors provide precise definitions and full proofs of results, sacrificing generalities and limiting the scope of the material in order to do so. The text is organized in four parts: strategic games, extensive games with perfect information, extensive games with imperfect information, and coalitional games. It includes over 100 exercises. Solution ManualTable of Contents, Errata, and more...

    This book describes and explains the extraordinary wave of popular protest that swept across the so-called Third World and the countries of the former socialist bloc during the period from the late 1970s to the early 1990s, in response to the mounting debt crisis and the austerity measures widely adopted as part of economic "reform" and "adjustment." Explores this general proposition in a cross-national study of the austerity protests, or the 'IMF Riots' that have affected so many debtor nations since the mid-1970s Argues that modern austerity protests, like the classical "bread riots" in eighteenth-century Europe are political acts aimed at injustice, but acts that are an integral part of the process of international economic and political restructuring Evaluates how modern food riots are most important for what they reveal about global economic transformation and its social, and political, consequences Provides a general framework (drawing on comparative and historical material) and then trace the cycle of uneven development, debt, neo-liberal reform, and protest in Latin America, Africa, Asia, the Middle East, and Eastern Europe Focusses on the role of women in structural adjustment and protest politics and the features of seemingly anomalous cases which qualify the general argument

    Within a broadly chronological framework, Ireland offers a fresh, comprehensive examination of all the well-known puzzles of Irish economic history including the inevitability of the Famine, the role of land tenure in agricultural backwardness, and the failure of the economy to industrialize. O'Gr�da's account is both accessible, with technical discussion kept to a minimum, and intellectually exciting.

    The Companion reflects the many areas where Austrian economists have made contributions, including technical economics, methodology of the social sciences, political theory and political science. This book includes contributions from an international group of scholars whose work demonstrates a basic similarity and interest in questions which have historically been associated with the Austrian approach to economics, although many of the contributors would not consider themselves to be strictly of this school.The distinguished team of contributors commissioned by the editor includes: K.D. Hoover, I.M. Kirzner, A. Klamer, D. Lavoie, C.K. Rowley, M. Rizzo, M. Rutherford, R.E. Wagner, U. Witt, L. Yeager.Each entry is fully referenced and includes suggestions for further readings on the topic. The Companion will be the standard reference work for all those engaged in the field of Austrian Economics. It not only introduces students to the Austrian school, but also serves as an important research tool for scholars working within the Austrian tradition.

    The book demonstrates the reinforcement of cultural stereotypes in recruitment caused by interaction between corporate restructuring and the education system.; This book is intended for academics, postgraduates and advanced undergraduates in sociology with an interest in the sociology of work and the sociology of education as well as researchers and students within human resource management and cultural studies.

    Others analyze price behavior and inflation, particularly the short-run behavior of prices. Still others examine the monetary transmission mechanism—the channel through which the central bank's actions affect spending on goods and services—with a special focus on the reduction in bank lending that must accompany a reduction in reserves.This new research will be of special interest to central bankers and academic economists.

    Do public goods and services, such as streets, parks and dams have to be provided by government? In Public Goods and Private Communities, Fred Foldvary's innovative application of public choice and social choice theory to questions of urban economics shows how collective goods can be provided by agents in a market process.

    Phelps sees secular shifts and long swings of the unemployment rate as structural in nature. That is, they are typically the result of movements in the natural rate of unemployment (to which the equilibrium path is always tending) rather than of long-persisting deviations around a natural rate itself impervious to changing structure. What has been lacking is a structuralist theory of how the natural rate is disturbed by real demand and supply shocks, foreign and domestic, and the adjustments they set in motion.To study the determination of the natural rate path, Phelps constructs three stylized general equilibrium models, each one built around a distinct kind of asset in which firms invest and which is important for the hiring decision. An element of these models is the modern economics of the labor market whereby firms, in seeking to dampen their employees' propensities to quit and shirk, drive wages above market-clearing levels-the phenomenon of the incentive wage--and so generate involuntary unemployment in labor-market equilibrium. Another element is the capital market, where interest rates are disturbed by demand and supply shocks such as shifts in profitability, thrift, productivity, and the rate of technical progress and population increase. A general-equilibrium analysis shows how various real shocks, operating through interest rates upon the demand for employees and through the propensity to quit and shirk upon the incentive wage, act upon the natural rate (and thus equilibrium path).In an econometric and historical section, the new theory of economic activity is submitted to certain empirical tests against global postwar data. In the final section the author draws from the theory some suggestions for government policy measures that would best serve to combat structural slumps.

    As downriver farming peoples expanded upstream and their cultures and technologies diffused, the Punan gradually abandoned their nomadic existence for a more sedentary life of trade-related activities and subsistence agriculture. But the culture that has emerged from these changes is still based on the enduring ideological premises of nomadism. This study, historical in perspective, examines the many factors-ecological, economic, commercial, political, social, cultural, and ideological-that have played a part in this continuing transformation. Foreword by Georges Condominas.

    The core of the book (Chapters 1-13) covers the basic statistical concepts necessary for econometrics with an emphasis on regression analysis. Part V is a treatment of advanced econometrics theory.

    In this important contribution to the theory of property, Carol Rose sympathetically examines the two currently dominant traditions—neoconservative utilitarianism and liberal communitarianism—acknowledging the strengths of each and laying the groundwork for a theory to bridge the gap between them.By insisting that community norms must underlie any property regime, she expands the horizons of property theory, exploring the role of narrative and storytelling in the establishment of these norms. The result is a study that credits the insights of rival views and breaks new ground both substantively in its implications for understanding property and methodologically in its application of the study of narrative to property law. Property and Persuasion is a valuable contribution to legal theory as well as to political and social philosophy, and it is essential reading for students and professionals in all these fields.

    Over the past fifty-five years he published several books and some 140 papers scattered over many journals. This book offers a thoughtful selection from these papers, organized to bring out the scope as well as the unity of the work. Vickrey had the unique distinction of having contributed, often seminally and always operationally, to all major branches of public economics. This is a fascinating overview of the field and of his life work.

    Ethical issues are brought in throughout, and extensive case studies show the theory in action. Step-by-step demonstrations apply theory and cost-benefit tools, with complete discussion of risk and uncertainty. The case studies show how to apply materia in a practical context.

    Specific proposals are made for reforming the international monetary and trading systems, including through changes in the roles of the International Monetary Fund, GATT and the New World Trade Organization, and the World Bank. The volume also assesses the case for creating new institutional arrangements to address several issues that have recently attained greater prominence on the global agenda--investment, financial markets, the environment, and migration.

    In 1986, his dream came true. The Mises Institute published it, and it changed everything. The Austrians could focus on internal development, highlight the contrast with the mainstream, and show their wares to the profession and the world at large.Rothbard was an exacting editor, and results are spectacular and historic.The individual issues have been nearly impossible to find, until now. Today you can own the entire set, learn from the pioneering articles that Murray and his co-editors saw as crucial, and see what gave the modern Austrian movement its scholarly momentum.I. ArticlesRoger W. Garrison1.The Federal Reserve: Then and NowDon Bellante2.Sticky Wages, Efficiency Wages, and Market ProcessWalter Block3.Total Repeal of Antitrust Legislation: A Critique of Bork, Brozen, and PosnerJoseph T. Salerno4.Ludwig von Mises’s Monetary Theory in Light of Modern Monetary ThoughtDavid Gordon5.Justice and Redistributive Taxation: James Buchanan versus Ludwig von MisesEditorial1.Walter Block, Hans-Hermann Hoppe, and Joseph T. SalernoI. ArticlesJohn B. Egger2.Arthur Marget in the Austrian Tradition of the Theory of MoneyJesús Huerta de Soto3.A Critical Analysis of Central Banks and Fractional-Reserve Free Banking from the Austrian PerspectiveMurray N. Rothbard4.Egalitarianism and the ElitesII. Notes and RepliesWalter Block5.Ethics, Efficiency, Coasian Property Rights and Psychic Income: A Reply to Harold DemsetzNicolai Juul Foss6.Information and the Market Economy: A Note on a Common Marxist FallacyIII. Book Review7. James M. Buchanan, Ethics and Economic Progress Reviewed by David Gordon

    This primer, however, is the first hands-on guide to the physical aspects of actually conducting experiments in economics. It tells researchers, teachers and students in economics how to deal with human subjects, how to design meaningful laboratory environments, how to design experiments, how to conduct experiments and how to analyse and report the data. It also deals with methodological issues. It can be used to structure an undergraduate or graduate course in experimental economics.

    

    "This is not just another book on selling. Weylman shows how to lay the foundation for building a sound, substantial business." - Scott DeGarmo, Publisher, Success magazine. "Most books on selling are filled with positive ways to pump yourself up psychologically for the task. Weylman's work is different. He offers a wealth of specific, tangible tactics for the salesperson to use. What Harvey Mackey did for amateurs, C. Richard Weylman does for professionals." - Al Ries, Co-author, "Marketing Warfare and Bottom-Up Marketing". "Sales professionals will now have set of guidelines on how to build trusting relationships with prospects and customers." - Jack I. Criswell, Executive Director, Sales and Marketing, Executives International. "There is not a single page without valuable information salespeople can use to gain access to more customers." - Tom Hopkins, Author, "How to Master the Art of Selling".

    In Tragedies of Our Own Making, West Virginia Supreme Court Justice Richard Neely distills the insights of a lifetime spent dealing with our nation's worst social problems. "Twenty years as a judge, " he writes, "has convinced me that state government fiscal crises, deteriorating schools, declining living standards among the old blue-collar class, and our rising crime rate are all strangely interrelated." His overriding conclusion? Problems including colossal Medicaid costs, savagery in the streets, and the falling relative wage rate of half our workforce all relate to a disintegrating family structure. All public agencies - welfare, the courts, public health, education - "are crumbling under the burden of acting as a surrogate family." In presenting a brilliant fiscal analysis of social insurance predicated on personal responsibility, Neely argues that "we are going broke because we are allowing excessive losses to be triggered through carelessness. Millions of children are being born to school-age girls and to parents who will needlessly divorce, making those children uncared for and insecure. Illegitimacy and divorce are to social insurance what leaving a pot of oil on a burning stove is to fire insurance." Neely paints a vivid picture of the "actuarial limits" of our ability to rescue people from the consequences of their own actions. He offers a two-part solution to the core problems of divorce and illegitimacy. First, Neely calls for a massive, government-financed media campaign aimed at educating the public on the financial and psychological costs of divorce toadults and children. He also presents a comprehensive and politically acceptable approach to improved birth control.

    It provides a clear and systematic portrayal of a modern economy in which international matters are a principle concern. Policy Issues, Insights, and Global Perspectives emphasize real-world examples and current issues. For flexibility, the first ten chapters present core topics, while the last eight chapters present optional topics.

    With the Clinton administration aiming to generate prosperity through technological innovation, this book dissects high-tech success and failure since 1945 by the author of Gene Dreams: Wall Street, Academia and the Rise of Biotechnology.