Why do well-intentioned plans for improving the human condition go tragically awry?In this wide-ranging and original book, James C. Scott analyzes failed cases of large-scale authoritarian plans in a variety of fields. Centrally managed social plans misfire, Scott argues, when they impose schematic visions that do violence to complex interdependencies that are not—and cannot—be fully understood. Further, the success of designs for social organization depends upon the recognition that local, practical knowledge is as important as formal, epistemic knowledge. The author builds a persuasive case against "development theory" and imperialistic state planning that disregards the values, desires, and objections of its subjects. He identifies and discusses four conditions common to all planning disasters: administrative ordering of nature and society by the state; a "high-modernist ideology" that places confidence in the ability of science to improve every aspect of human life; a willingness to use authoritarian state power to effect large- scale interventions; and a prostrate civil society that cannot effectively resist such plans.

    Presented here for the first time as a collective whole are a dozen articles -- two entirely new pieces together with ten of Porter's articles from the Harvard Business Review, as well as an introduction from Porter, his first statement on how the parts of his work fit together.To read through this collection is to experience Porter at work: we see firsthand as his important theories take shape, deepen, and evolve over time. Porter addresses the important issues of competition, from company strategy to the relationship between competition and environmental regulation to the counterintuitive role of geography in the global economy.At once eloquent and convincing, these essays help us to examine and understand the essence of competition. "On Competition offers the intellectual foundations for company and country strategies for the years ahead.

    Such a book as this comes along only once every several generations: a complete comprehensive treatise on economic theory. It is sweeping, revolutionary, and devastating--not only the most extended elucidation of Austrian business cycle theory to ever appear in print but also a decisive vindication of the Misesian-Rothbardian perspective on money, banking, and the law. Jörg Guido Hülsmann has said that this is the most significant work on money and banking to appear since 1912, when Mises's own book was published and changed the way all economists thought about the subject. Its five main contributions: a wholesale reconstruction of the legal framework for money and banking, from the ancient world to modern times, an application of law-and-economics logic to banking that links microeconomic analysis to macroeconomic phenomena, a comprehensive critique of fractional-reserve banking from the point of view of history, theory, and policy, an application of the Austrian critique of socialism to central banking, the most comprehensive look at banking enterprise from the point of view of market-based entrepreneurship. Those are the main points but, in fact, this only scratches the surface. Indeed, it would be difficult to overestimate the importance of this book. De Soto provides also a defense of the Austrian perspective on business cycles against every other theory, defends the 100% reserve perspective from the point of view of Roman and British law, takes on the most important objections to full reserve theory, and presents a full policy program for radical reform. It was Hülsmann's review of the Spanish edition that inspired the translation that led to this Mises Institute edition in English. The result is astonishing: an 875-page masterpiece that utterly demolishes the case for fiat currency and central banking, and shows that these institutions have compromised economic stability and freedom, and, moreover, are intolerable in a free society. De Soto has set new scholarly standards with this detailed discussion of monetary reform from an Austro-libertarian point of view. Huerta de Soto’s solid elaboration of his arguments along these lines makes his treatise a model illustration of the Austrian approach to the study of the relationship between law and economics. It could take a decade for the full implications of this book to be absorbed but this much is clear: all serious students of these subject matters will have to master this treatise. 875 page hardback

    Across the globe, it has become increasingly accepted dogma that economic activities should be dominated by market forces, not political concerns. With chapters on Europe, the US, Britain, the Third World, the Arab States, Asia, China, India, Latin America, and the former communist countries, Yergin and Stanislaw provide an incisive overview of the state of the economy, and of the battles between governments and markets in each region. Now updated throughout and with two new chapters, The Commanding Heights explains a revolution which is unfolding before our very eyes.

    By examining the contradictions between the democratic and market principles proclaimed by those in power and those actually practiced, Chomsky critiques the tyranny of the few that restricts the public arena and enacts policies that vastly increase private wealth, often with complete disregard for social and ecological consequences. Combining detailed historical examples and uncompromising criticism, Chomsky offers a profound sense of hope that social activism can reclaim people's rights as citizens rather than as consumers, redefining democracy as a global movement, not a global market.

    In addition to general advice on basic numeracy, the guide points out common errors and explains the recognized techniques for solving financial problems, analysing information of any kind, and effective decision making. Over one hundred charts, graphs, tables, and feature boxes highlight key points. Also included is an A-Z dictionary of terms covering everything from amortization to zero-sum game. Whatever your business, The Economist Numbers Guide will prove invaluable.

    They argue that if managers seriously want to develop effective strategies for competing in the new economy, they must understand the fundamental economics of information technology. Whether information takes the form of software code or recorded music, is published in a book or magazine, or even posted on a website, managers must know how to evaluate the consequences of pricing, protecting, and planning new versions of information products, services, and systems. The first book to distill the economics of information and networks into practical business strategies, Information Rules is a guide to the winning moves that can help business leaders navigate successfully through the tough decisions of the information economy.

    By bringing to light delightful mind-teasers, philosophical questions and intriguing politics in mainstream economics, it promises to enliven an otherwise dry course whilst inspiring students to do well.The book covers all the main economic concepts and addresses in detail three main areas:* consumption and choice* production and markets* government and the State.Each is discussed in terms of what the conventional textbook says, how these ideas developed in historical and philosophical terms and whether or not they make sense. Assumptions about economics as a discipline are challenged, and several pertinent students' anxieties ('Should I be studying economics?') are discussed.

    This distinction truly makes a difference in the way poverty is experienced and in the chances to redeem its misery.This absorbing book traces this change, and makes an inventory of its social consequences. It also considers ways of fighting back advancing poverty and mitigating its hardships, and tackles the problems of poverty in its present form.The new edition features: Up-to-date coverage of the progress made by key thinkers in the field A discussion of recent work on redundancy, disposability, and exclusion Explorations of new theories of workable solutions to povertyStudents of sociology, politics, and social policy will find this to be an invaluable text on the changing significance and implications of an enduring social problem.

    Yet a chorus of intellectuals and politicians laments our current condition -- as slaves to technology, coarsened by popular culture, and insecure in the face of economic change. The future, they tell us, is dangerously out of control, and unless we precisely govern the forces of change, we risk disaster. In The Future and Its Enemies, Virginia Postrel explodes the myths behind these claims. Using examples that range from medicine to fashion, she explores how progress truly occurs and demonstrates that human betterment depends not on conformity to one central vision but on creativity and decentralized, open-ended trial and error. She argues that these two opposing world-views -- "stasis" vs. "dynamism" -- are replacing "left" and "right" to define our cultural and political debate as we enter the next century. In this bold exploration of how civilizations learn, Postrel heralds a fundamental shift in the way we view politics, culture, technology, and society as we face an unknown -- and invigorating -- future.

    Commentators seek to fill the gap as best they can, but in the absence of real background scholarship, journalism is vulnerable to the myopias of fashion and immediacy. The deeper enigmas of post-war development remain in either case largely untouched.Bringing together the strengths of both the economist and the historian, Robert Brenner rises to this challenge. In this work, a revised and newly introduced edition of his acclaimed New Left Review special report, he charts the turbulent post-war history of the global system and unearths the mechanisms of over-production and over-competition which lie behind its long-term crisis since the early 1970s, thereby demonstrating the thoroughly systematic factors behind wage repression, high unemployment and unequal development, and raising disturbing and far-reaching questions about its future trajectory.

    In this classic work on the recent uncontrolled spread of global capitalism, Professor John McMurtry develops the model of a carcinogenic invasion of social and natural life and the social-immune response it demands.

    It explodes more myths than any other book this century, yet it's all about subjects very close to home: mortgages, building societies and banks, agriculture, transport, global poverty, and what's on the supermarket shelf. The author proposes a new mechanism for the supply of money, creating a supportive financial environment and a decreasing reliance on debt.

    This volume represents the first time those lectures have been published.Lord Robbins (1898-1984) was a remarkably accomplished thinker, writer, and public figure. He made important contributions to economic theory, methodology, and policy analysis, directed the economic section of Winston Churchill's War Cabinet, and served as chairman of the Financial Times. As a historian of economic ideas, he ranks with Joseph Schumpeter and Jacob Viner as one of the foremost scholars of the century. These lectures, delivered at the London School of Economics between 1979 and 1981 and tape-recorded by Robbins's grandson, display his mastery of the intellectual history of economics, his infectious enthusiasm for the subject, and his eloquence and incisive wit. They cover a broad chronological range, beginning with Plato, Aristotle, and Aquinas, focusing extensively on Adam Smith, Thomas Malthus and the classicals, and finishing with a discussion of moderns and marginalists from Marx to Alfred Marshall. Robbins takes a varied and inclusive approach to intellectual history. As he says in his first lecture: "I shall go my own sweet way--sometimes talk about doctrine, sometimes talk about persons, sometimes talk about periods." The lectures are united by Robbins's conviction that it is impossible to understand adequately contemporary institutions and social sciences without understanding the ideas behind their development.Authoritative yet accessible, combining the immediacy of the spoken word with Robbins's exceptional talent for clear, well-organized exposition, this volume will be welcomed by anyone interested in the intellectual origins of the modern world.

    The new edition incorporates the most up-to-date methods and applications to present the latest information in the field. It focuses on explaining how to apply the concepts through case studies and numerous examples. Data integrated throughout the chapters come from a wide range of disciplines and media sources. Over 200 examples are included along with marginal notes and step-by-step solutions. The Decide for Yourself feature also helps business professionals explore real-world problems and solutions.

    In Individual Strategy and Social Structure, Peyton Young argues for a more realistic view in which people have a limited understanding of their environment, are sometimes short-sighted, and occasionally act in perverse ways. He shows how the cumulative experiences of many such individuals coalesce over time into customs, norms, and institutions that govern economic and social life. He develops a theory that predicts how such institutions evolve and characterizes their welfare properties.The ideas are illustrated through a variety of examples, including patterns of residential segregation, rules of the road, claims on property, forms of economic contracts, and norms of equity. The book relies on new results in evolutionary game theory and stochastic dynamical systems theory, many of them originated by the author. It can serve as an introductory text, or be read on its own as a contribution to the study of economic and social institutions.

    Government police forces, prosecutors, courts, and prisons are all recent historical developments-results of a political and bureaucratic social experiment which, Bruce Benson argues, neither protects the innocent nor dispenses justice.In this comprehensive and timely book, Benson analyzes the accelerating trend toward privatization in the criminal justice system. In so doing, To Serve and Protect challenges and transcends both liberal and conservative policies that have supported government's pervasive role. With lucidity and rigor, he examines the gamut of private-sector input to criminal justice-from private-sector outsourcing of prisons and corrections, security, arbitration to full private justice such as business and community-imposed sanctions and citizen crime prevention. Searching for the most cost-effective methods of reducing crime and protecting civil liberties, Benson weighs the benefits and liabilities of various levels of privatization, offering correctives for the current gridlock that will make criminal justice truly accountable to the citizenry and will simultaneously result in reductions in the unchecked power of government.

    Here, twenty economists in mid-career (nineteen scholars and an economics journalist) bring together personal accounts of their work and lives. The contributors were asked to elaborate on their methods of working and their private thoughts. The result is a rich set of biographies, addressing issues such as the effects of politics on work and vice versa, family life, creativity in and inspired by the workplace, the study of law and economics, and the conducting of research, and the role of women in this male-dominated field.The contributing economists represent a wide range of endeavors in economics such as research, education, law, and journalism, and include Francine D. Blau, David Colander, William Darity, Jr., Avinash Dixit, Benjamin M. Friedman, Claudia Goldin, David M. Gordon, Elhanan Helpman, Paul Krugman, William M. Landes, N. Gregory Mankiw, Deirdre N. McCloskey, Rachel McCulloch, Philip Mirowski, Roger B. Myerson, Susan Rose-Ackerman, Richard Schmalensee, Hal R. Varian, David Warsh, and Gavin Wright. Michael Szenberg provides an introduction.Passion and Craft provides a fascinating glimpse into the minds and lives of some of the most interesting economists of our time. It will be inspiring reading for economists as well as all other social scientists, students considering a career in economics, and anyone interested in how great minds work. "Passion and Craft is a worthy sequel to Eminent Economists. It should be of greatest interest to young scholars who want to know what it is like to 'do economics' and to senior economists who will learn how things have changed (or have they?)." --Victor R. Fuchs, Stanford UniversityMichael Szenberg is Director, Center for Applied Research, and Professor of Economics, Lubin School of Business, Pace University. He also serves as editor of The American Economist.

    Joskow, Professor of Economics, Massachusetts of TechnologyFrom Simon & Schuster, The Economic Institutions of Capitalism is Oliver E. Williamson's new perspective on the structure of economic life, and one not to miss.

    David Schmidtz and Robert Goodin debate the ethical merits of individual versus collective responsibility for welfare. David Schmidtz argues that social welfare policy should prepare people for responsible adulthood rather than try to make that unnecessary. Robert Goodin argues against the individualization of welfare policy and expounds the virtues of collective responsibility.

    In this book, Kenneth Judd presents techniques from the numerical analysis and applied mathematics literatures and shows how to use them in economic analyses. The book is divided into five parts. Part I provides a general introduction. Part II presents basics from numerical analysis on R^n, including linear equations, iterative methods, optimization, nonlinear equations, approximation methods, numerical integration and differentiation, and Monte Carlo methods. Part III covers methods for dynamic problems, including finite difference methods, projection methods, and numerical dynamic programming. Part IV covers perturbation and asymptotic solution methods. Finally, Part V covers applications to dynamic equilibrium analysis, including solution methods for perfect foresight models and rational expectation models. A website contains supplementary material including programs and answers to exercises.

    Analysis of this behavior often involves making important assumptions and approximations, the exact nature of which vary from subject to subject. Foundations of Complex-system Theories begins with a description of the general features of complexity and then examines a range of important concepts, such as theories of composite systems, collective phenomena, emergent properties, and stochastic processes. Each topic is discussed with reference to the fields of statistical physics, evolutionary biology, and economics, thereby highlighting recurrent themes in the study of complex systems. This detailed yet nontechnical book will appeal to anyone who wants to know more about complex systems and their behavior. It will also be of great interest to specialists studying complexity in the physical, biological, and social sciences.

    Porter's Landmark Triolgy in a special boxed set edition.Competitve Strategy: Techniques for Analyzing Industries and CompetitorsIn this pathbreaking book that transformed the practice and teaching of business strategy, Michael E. Porter unravels the rules that govern competition and turns them into powerful analytical tools to help management interpret market signals, forecast the direction of industry development, and position any company to compete more successfully.Competitive Advantage: Creating and Sustaining Superior PerformanceThe winner of the Academy of Management's 1996 George R. Terry Book Award, Compettive Advantage extends Michael E. Porter's proven analytical techniques to the discrete activities of the individual firm. Porter shows them howto ealuate and improve their company's competitive position.The Competitive Advantage of NationsWith Competitive Strategy and Competitive Advantage, Michale E. Porter established himself as the leading authority on competitve advantage. Now, at a time when economic performance rather than military might provides the index of national strength, Porter builds on the ideas of his earlier works to explore what makes a nation's firms and industries competitive in global markets and what propels national economic development.All books contian new introductions.

    Topics addressed include a possible future clash of civilizations, the role of Asian values in the East Asian economic miracle, the cultural versus economic causes of social decay in the West, and whether modernization leads to Westernization. Lal makes an important distinction between material and cosmological beliefs, showing how both were initially shaped by factor endowments and how they have evolved in response to changing historical pressures in different civilizations. Lal's first major theme is the interaction of factor endowments, culture, and politics in explaining modern intensive growth in the West. The other major theme is the role of individualism--an inadvertent legacy of the medieval Catholic Church--in promoting this growth, and the strange metamorphoses this has caused in both the West's cosmological beliefs and the interaction between the West and the rest. Lal takes account of the relevant literature in history, anthropology, social psychology, evolutionary biology, neurology, and sociology, and the economic history of the regions and cultures that form Eurasia. An appendix shows how the stories Lal tells can be described by four formal economic models.

    "A gripping expose" (Publishers Weekly) of the conditions faced by Chinese illegal aliens in the United States.

    Maybury. "A Bluestocking Guide: Economics" includes additional articles, written at varying reading levels, that expand on the concepts presented in the primer. In addition, it includes Comprehension Questions for each chapter that may include Definition, True/False, and/or Short Answer/Fill-in questions. Answers are located in the back of the study guide.  (Note: student answers to some questions/exercises do not always have definitive answers, in which case the notation "answers will vary" will appear.) Application Exercises are also given. Generally, these ask the student to apply the knowledge he/she learned from a given chapter to "real world" situations so that the student may personalize the information and better retain and apply the knowledge gained from the primer.  Application Exercises typically include Discussion, Essay, and Research assignments. A comprehensive final exam is also included. In addition to assisting the student in the retention of the subject matter, the study guide will serve as documentation of course completion. Timeframe for Study: Bluestocking Guides are organized to allow the instructor flexibility in designing the ideal course of study for the student. Therefore, there is no "right" or "wrong" timeframe for covering the material; the instructor should tailor the study of the primer and study guide to the student's unique school schedule, learning style and age. For example, younger students might only complete comprehension exercises in the study guide, whereas older students may complete additional application exercises and suggestions for further reading/study. Ideally, the student should read the chapter from the primer and then immediately answer the corresponding questions in the study guide. For Essay and Research assignments, a project may require several days or weeks to complete. It is best that the instructor preview these assignments to select those most appropriate for the student and the timeframe available. An easy-to-apply rule of thumb for determining length of study is to divide the number of chapters in a primer by the number of weeks the instructor plans to study the subject/book.  Some instructors may choose to complete the primer in a few short weeks, in which case multiple chapters may need to be covered for each lesson period.  Others may cover the primer over the course of a semester, in which case only one or two chapters per week will need to be assigned. (Note:  Chapter lengths vary, so sometimes a student may easily be able to read more than one chapter per lesson.)  The key is to move quickly enough so that the student is engaged with learning and also able to absorb all concepts fully. The student's performance on end-of-chapter Questions and Assignments from the study guide should be a good indication of this. This guide is 8-1/2" x 11" in size.Description of the primer, "Whatever Happened to Penny Candy?": Richard Maybury uses historical events from Ancient Rome to explain economic principles. This clearly written book about economics is a remarkably easy and fun explanation of investment cycles, velocity, business cycles, recessions, inflation, the demand for money and more. Essential for every student, businessperson and investor. Recommended by former U.S. Treasury Secretary William Simon. It is also on many recommended reading list. The primer "Whatever Happened to Penny Candy?" is recommended for ages 10 through adult for courses in Economics, Business, Finance, Government and Ancient Rome.

    Today, Hale is best known among contemporary legal academics and philosophers for his groundbreaking writings on coercion and consent in market relations. The bulk of his writing, however, consisted of a critique ofnatural property rights. Taken together, these writings on coercion and property rights offer one fo the most profound and elaborated critiques of libertarianism.

    Demonstrates how governmental policies have financially polarized the American workforce and rewarded or punished specific industries, and offers suggestions on how to close the wage gap.

    It is particularly timely, then, that Richard Epstein, one of our country's most distinguished legal scholars, here sets out an authoritative set of principles that explains both the uses and the limits of government power. Blending his deep knowledge of classical political theory and legal history with modern economic thought, he considers a wealth of timely topics: the use of norms and customs in setting legal rules; the appropriate spheres for both private and common property for such diverse resources as water and telecommunications; the dark side of altruism in driving collective behavior; and the relative merits of public and private assistance to the poor. Drawing on the work of multiple disciplines, Principles for a Free Society offers a thoroughly realized blueprint to guide us through political conflict in the troubled times ahead.

    Yet until now there has been no comprehensive text that incorporates the huge strides made in the subject over the past decade. Development Economics does precisely that in a clear, rigorous, and elegant fashion.Debraj Ray, one of the most accomplished theorists in development economics today, presents in this book a synthesis of recent and older literature in the field and raises important questions that will help to set the agenda for future research. He covers such vital subjects as theories of economic growth, economic inequality, poverty and undernutrition, population growth, trade policy, and the markets for land, labor, and credit. A common point of view underlies the treatment of these subjects: that much of the development process can be understood by studying factors that impede the efficient and equitable functioning of markets. Diverse topics such as the new growth theory, moral hazard in land contracts, information-based theories of credit markets, and the macroeconomic implications of economic inequality come under this common methodological umbrella.The book takes the position that there is no single cause for economic progress, but that a combination of factors--among them the improvement of physical and human capital, the reduction of inequality, and institutions that enable the background flow of information essential to market performance--consistently favor development. Ray supports his arguments throughout with examples from around the world. The book assumes a knowledge of only introductory economics and explains sophisticated concepts in simple, direct language, keeping the use of mathematics to a minimum.Development Economics will be the definitive textbook in this subject for years to come. It will prove useful to researchers by showing intriguing connections among a wide variety of subjects that are rarely discussed together in the same book. And it will be an important resource for policy-makers, who increasingly find themselves dealing with complex issues of growth, inequality, poverty, and social welfare.If you are instructor in a course that uses Development Economics and wish to have access to the end-of-chapter problems in Development Economics, please e-mail the author at debraj.ray@nyu.edu. For more information, please go to http: //www.econ.nyu.edu/user/debraj. If you are a student in the course, please do not contact the author. Please request your instructor to do so.

    Such stepwise adaptation can occur through individual learning or through natural selection, the basis of evolution. Since the work of Maynard Smith and others, it has been realized how game theory can model this process. Evolutionary game theory replaces the static solutions of classical game theory by a dynamical approach centered not on the concept of rational players but on the population dynamics of behavioral programs. In this book the authors investigate the nonlinear dynamics of the self-regulation of social and economic behavior, and of the closely related interactions among species in ecological communities. Replicator equations describe how successful strategies spread and thereby create new conditions that can alter the basis of their success, i.e., to enable us to understand the strategic and genetic foundations of the endless chronicle of invasions and extinctions that punctuate evolution. In short, evolutionary game theory describes when to escalate a conflict, how to elicit cooperation, why to expect a balance of the sexes, and how to understand natural selection in mathematical terms.

    Beginning with the ancient Greeks and arriving at the present day, Bethell looks at basic ideas about property found in the writings of Plato, Adam Smith, Blackstone, Bentham, Marx, Mill, and others. He shows that the institution of property is inextricably tied to traditional conceptions of justice and liberty, and he argues that prosperity and civilization can only arise where private property is securely held by the people. The Noblest Triumph is an indispensable book for anyone interested in this fundamental aspect of civilization and the progress of humankind through the ages.

    Jim Slater explains how to choose a company operating in the right sector with an advantage over its competitors. He also highlights the importance of directors dealings, CEO changes, relative strength, cash flow accelerating earnings and the capacity of some companies to clone their activities.

    has been one of the fastest-growing businesses in America, with annual sales that grew to $300 million in little more than a decade, and current sales are over $600 million. Behind the company's phenomenal success lies the story of president and CEO Frank VanderSloot's personal growth. Built on Solid Principles provides a biographical look at Frank VanderSloot which helps to explain Melaleuca's meteoric success.

    Entranced by the power and precision of armaments, man has continuously invented faster, more accurate, and more devastating weapons, from the javelin, stone axe, sword, and the arrow to the cannon, musket, rifle, tank, super-fortress, and missile. In this study of the influence of armaments on history, J.F.C. Fuller shows how the inventive genius of man can potentially obliterate his sense of moral values and destroy civilization. Divided into armament epochs—Ages of Valour, Chivalry, Gunpowder, Steam, Oil, and Atomic Energy—Armament and History examines the most influential military innovations of each period as well as the key leaders (including Alexander, Caesar, Gustavus Adolphus, and Napoleon) who skillfully employed these weapons. Although the author acknowledges that war cannot be eliminated entirely, he urges man to impose restrictions on warfare before society descends into a second Dark Age. Completed immediately after the bombings of Hiroshima and Nagasaki—chilling examples of mass destruction caused by armaments—this impassioned work remains relevant more than a half-century later.

    It re-examines the classical foundations of political economy and the creator of money. It assesses all of the important theoretical schools since then, including Marxist, Keynesian, post-Keynesian and monetarist thinkers. By presenting important insights from Japanese political economy previously ignored in Anglo-Saxon economics, the authors make a significant contribution to radical political economy based on a thorough historical analysis of capitalism.

    Yet they find common concerns and cause. They espouse religious reflection that attends closely to those pushed to the margins (even though on the surface things seem to be improving), to shifting structures of oppression, and especially to global economic structures as they affect specific locales. For all those interested in the survival and growth of justice-oriented religious commitment, this volume signals concrete and exciting new directions for thought and action. Participants include: John B. Cobb, Jr., Claremont School of Theology Gustavo Gutierrez, Instituto Bartalome de Las Casas, Rimac, Peru M. Douglas Meeks, Wesley Theological Seminary Jurgen Moltmann, University of Tubingen Joerg M. Rieger, Perkins School of Theology Susan Brooks Thistlethwaite, Chicago Theological Seminary Gayraud S. Wilmore, Interdenominational Theological Center, Atlanta

    It is a book of instruction about the cultivation of vines, olives and fruit, the management of slaves and contract labour, cookery and medicine. This is the first translation for over sixty years; the Latin is printed as a parallel text. The book contains an introduction and several illustrations placing Cato and his writing in context.

    Drawing on current events, law, philosophy, economics, politics, sociology, and psychology, and applying them to vital issues of our day, Mitchell tells a story of a national faith that is deeply at odds with our common emotions and intuitions, to expose the ways in which that national faith justifies the selfishness of the lucky and preserves the status quo of economic and political distributions.

    

    "Hit and Run Trading II" contains 17 newly revealed trading strategies - readily identifiable patterns you can count on consistently 212 fact-packed pages in a big 8 1/2 x 11" format 22 fully illustrated chapters with 120 sample charts of actual trades His best learning sheets over the past year from his daily trading service - he acts as your personal coach on a daily basis Plus answers and insights to the most frequently asked questions about short-term trading. Can you profit from "Hit &Run Trading II" if you haven't read Jeff Cooper's original "Hit &Run Trading"?YES!A preview of the contents shows you why.Section I - Momentum Continuation PatternsChapters 2 through 9 show why and how: Hot IPO Pullbacks are an especially lucrative strategy for today's sizzling market. Flat-Top Expansion Breakouts separate false alarms from the real thing. (This alone is worth the price of he book.) Reversal New Highs Method provides a rare but exceptionally lucrative set-up. Intraday Relative Strength Trading Strategy exploits the magnetic pull between big-cap NASDAQ stocks and S&P futures. Extended Level Boomers put low-risk, high-payoff moves on well-rested stocks. Non-ADX 1-2-3-4s reliably trigger up to 15 point gains within days. Jack-in-the-Box set-ups let you climb aboard a pullback and ride it to new highs. V-Thrusts expose stocks that are thrusting higher after they've taken a dip. Section II - Advanced Stepping-In-Front-Of-SizeStrategiesChapters 10 through 12 show you how I step in front of momentum players before they dogpile in or stampede out. You will learn the newest and most advanced ways to move in front of institutional buyers before they push a stock higher (or lower). If you ever wanted to make a great living trading the stock market, this is the best way to get there.Section III - More Reversal StrategiesAmong the things you will learn in Chapters 13 through 16 are the many ways to profit from panic buying and panic selling as stocks reverse.Section IV - Techniques of a Professional TraderChapters 17 through 22 focus on vitally important (yet often ignored) aspects of trading, including money management, stop placement, exiting positions, daily preparation and other areas that separate top traders from everyone else. In this one section alone you will learn: Which set-ups consistently produce the biggest gains. Why surprises almost always happen in the direction of the trend. Why the biggest profits are made in a falling market. How to increase your gains by narrowing your focus. When to hold a position overnight, and when to exit before the close. How to prepare a winning plan of attack for each day's trading battle. How good money management will save you during dry spells and choppy markets. Why stepping in front of size is the best way I know to get back on track. Why you should never, NEVER trade off the media's advice. Why your biggest mistakes can lead to your biggest wins -if you're willing to admit them.

    By examining quantitative data alongside the region's political economies, the book provides historical context for the development strategies, choices, successes and failures of the Latin American countries. A comprehensive Statistical Appendix provides regional and country-by-country data in such areas as GDP, manufacturing, sector productivity, prices, trade, income distribution and living standards.

     Covers the excess volatility problem of Shiller; the equity premium puzzle of Mehra and Prescot; the private information hypothesis of French and Roll; and shows why professionals have a difficult time beating the market. Portfolio Managers, Brokers, and Investment Bankers.

    His findings have led him to a startling conclusion: Americans' earliest economic attitudes were formed during the Revolutionary period and remained virtually unchanged until the close of the nineteenth century. Why those attitudes existed and persisted, how they informed public debate, and what caused their ultimate demise are among the channels explored in Securing the Fruits of Labor, a grand excursion into waters of economic history only glimpsed by previous works.

    From the unification of North and South Yemen, to the struggle for Mahgreb unity, and the experiences of the six-member Gulf Cooperation Council, this book presents a complex portrait of the history and prospects for Arab integration.

    This has been a contentious issue since the publication of Keynes's General Theory, but has also divided economists since it first emerged almost two centuries ago in the writings of James Mill. This book discusses the change in the understanding of the nature of the business cycle wrought by the General Theory whose major innovation in overturning Say's Law was to introduce demand deficiency into mainstream economic thought.

    This ideal guide shows us how mathematics can illuminate the human condition.

    " —Bob Muir,Coastal Carolina Community College"The primary reason I chose to use the Fry book was the fact it is organized quite differently than the other Intro books I had seen. . . . I think the authors have done an excellent job of developing an integrated text. " —Kitty Campbell,Southeastern Oklahoma State University Highly-lauded in its first edition,Fry's Introduction to Business: An Integrated Framework builds on its tremendous success with the forthcoming second edition. His text is specially designed for an emerging portion of the Introduction to Business teaching community who prefer to take an integrated approach to the material. Rather than approach the material from a traditional or functional standpoint,such as presenting marketing,management,and finance as separate entities or chapters,this text presents them as an integrated whole. The framework captures how businesses really work in today's world,and brings functions and processes together.

    Premier among his many important works is the book, ReORIENT: Global Economy in the Asian Age, which sought to correct a Eurocentric worldview of the development of the global political economy. As Gunder Frank continued his research, he realized that many of the myths of European industrialization, hegemony, and capitalism hid the fact that Asia remained a serious power not just into the 18th century, as he argued in 1998, but well into the 19th century as well. Gunder Frank passed away in April 2005 while working on this new book, a sequel to ReORIENT. His colleagues rallied to finish it and it is presented here as Andre Gunder Frank's final major statement. His prescience is remarkable today as we see the continuation of Asian influences and ascendancy.

    Amin, one of the most influential economists today, examines the changing notion of crisis in capitalism; misconceptions of the free market model; the various distortions of Marx's method; the role of culture in revolutions; the decline of the law of value in economics; the philosophical roots of postmodernism; how telecommunications affect ideology; and the myth of pure economics.

    This text provides readers from health and social care backgrounds with a lucid guide to the theory and practice of challenging discrimination and promoting equality within the people professions.

    Mad Money analyzes the erratic nature of change and innovation in financial business in recent years and discusses the weak points--political as well as economic and technical--of a system driven more by volatile markets than by governments. The central issue is global finance; "mad money" is how Susan Strange characterizes the alternately rampant and depressed financial markets of recent years. She sets out here to diagnose the sources and nature of the problem of markets having outgrown governments and to examine its social and political ramifications. Opinionated and brilliantly argued, Mad Money will surely provoke controversy and generate many conversations. Susan Strange's previous book, Casino Capitalism, established her as an authority on international finance and the basic structures of the international political economy. This sequel will reach not only scholars and students but a wider readership, including everyone worried by the yo-yoing of stock markets, the currency turmoil in Asia, and the general mismanagement of money by governments and international organizations such as the International Monetary Fund and the World Bank."In her patented provocative and compelling style, Susan Strange offers us an illuminating, often dark, image of the changing nature of international relations in the next century. Although a liberal at heart, her critical approach in this work challenges many of the central normative assumptions of an unfettered regulatory future of great prosperity and little conflict. This effort represents a cumulative statement of one of the senior scholars of our generation and cannot be ignored." --Simon Reich, University of Pittsburgh"Chutzpah! That's what Susan Strange has long demonstrated in her research, teaching, and writing. Even those who see the world differently will respect what she has accomplished here." --Louis W. Pauly, University of TorontoSusan Strange is Professor of International Political Economy, University of Warwick.

    

    Among them are Winthrop's determination to found a godly kingdom in Massachusetts, Colonel James Oglethorpe's doomed effort to keep Georgia free of slaves, class warfare in New England's early textile mills, Emerson and Thoreau's protests against the American preoccupation with getting and spending, the self-destructiveness of the planter class of antebellum Georgia, the contradictions at the core of Carnegie's philanthropy, the back-to-the-land dreams of a group of Tennessee poets disenchanted with big business, Whitney Young's courtship of the business establishment during the civil rights movement, and the promising opportunities for social change opened up by the shareholder activism of the Interfaith Center on Corporate Responsibility.

    How will our careers, businesses, and governments change in a world where bytes are the only currency and where the goods that shape our lives--global financial transactions, computer code, and cyberspace commerce--literally have no weight? Addressing such problems as economic inequity and unemployment, Diane Coyle calls on individuals and governments to develop a new politics of weightlessness so that the economic benefits can be shared fairly. She proposes the creation of a radical center as the way to a new era of human creativity and economic prosperity.

    Kennedy is being brought back into print because it is one of the few books—then and now—to provide a sustained, coherent, and serious look at what made this city a "logical" place for the murder of a president. Distinguishing itself by its measured approach in which conspiracy theories are notably absent, Dallas Public and Private probes Dallas's political, cultural, and educational institutions, raising questions which Leslie says should also be asked about every American city.Leslie's book is both a primary source of pre-assassination Dallas life and a serious study of the city at a specific time and place.

    Project finance requires careful analysis and structuring of a wide variety of risks. This completely updated third edition addresses these risks and their resolution, and details the necessary elements of a successful project financing. Mirroring the structure of an actual project finance deal, this all-in-one handbook examines each step of the process.

    Based on interviews and participant observation, it takes as its canvas the everyday lives of workers at an antiquated rum distillery in Martinique, and the haunting vision that appears to a select few. The tale is situated at the crossroads of many island social groups, and more specifically, at the intersection of the themes of slavery and economic exploitation. Beautiful and haunting in its language, mystical and lush in its evocation of Creole island culture, and profusely illustrated with color and black and white photographs by Jean-Luc Laguardigue. Published in France by Editions Gallimard, Seven Dreams of Elmira will appeal to readers who love Patrick Chamoiseau's magical novels, Texaco and Solibo Magnificent.

    Traditional interpretations describe civil wars as simple confrontations between two sides, as explosions of mindless violence, or as disrupting apparently benevolent development processes within countries. These approaches do not fully take into account the rational economic calculations that drive many civil conflicts in the late twentieth century. This paper argues that, to understand violence in civil wars, we need to understand the economic dimensions underpinning it.Economic activities arising from war fall into seven categories: pillage; extorting protection money; controlling or monopolising trade; exploiting labour; gaining access to land, water and mineral resources; stealing aid supplies; and advantages for the military. If these short-term benefits suggest that there is more to civil wars than simply winning, so too does the prevalence and persistence of behaviour that is, in military terms, counter-productive. This can take two forms: cooperating with the 'enemy'; and mounting attacks that increase, rather than reduce, political and military opposition.This paper describes two forms of economic violence: 'top-down', which is incited by political leaders and entrepreneurs; and 'bottom-up', where violence is actively embraced by 'ordinary' people, either civilians or low-ranking soldiers.Seven conditions can encourage top-down economic violence: a weak state; rebel movements that lack strong external finance or support; an undemocratic or 'exclusive' regime under threat; economic crisis; ethnic divisions that cut across class lines; the existence of valuable commodities; and prolonged conflict.Three conditions are particularly conducive to bottom-up violence: deep social and economic exclusion; the absence of a strong revolutionary organisation; and impunity for violent acts.To achieve more lasting solutions to civil conflicts, it needs to be acknowledged that violence can present economic opportunities. This paper concludes that outside intervention must take into account the political and economic interests of the violent. Intervention must provide realistic economic alternatives to violence, and must handle democratic transitions and the introduction of free markets with sensitivity. This is likely to mean strengthening and improving the institutions of the state, such as schools, social-security systems and establishing a more accountable police force and Army.

    

    Although this connection is crucial to our understanding of what monetary policy can and cannot accomplish, opinions about its basic properties have swung widely over the years.

    This witty, accessible volume offers personal observations and discourses about the state of the economy, the budget and taxes, history, and politics.

    Consequently, Clements and Hendry are able to suggest ways in which existing forecasting practices can be improved, as well as providing a rationale for some of the habitual practices of forecasters that have hitherto lacked a scientific foundation.

    Thomas Jefferson called it the key to our success as a democracy. Yet the question of who owns America not only remains unanswered but is central to a fundamental conflict that can pit private property rights advocates against government policymakers and environmentalists.    Land use authority Harvey M. Jacobs has gathered a provocative collection of perspectives from eighteen contributors in the fields of law, history, anthropology, economics, sociology, forestry, and environmental studies. Who Owns America? begins with the popular view of land ownership as seen though the television show Bonanza! It examines public regulation of private land; public land management; the roles culture and ethnic values play in land use; and concludes with Jacobs’ title essay.    Who Owns America? is a powerful and illuminating exploration of the very terrain that makes us Americans. Its broad set of theoretical and historical perspectives will fascinate historians, environmental activists, policy makers, and all who care deeply about the land we share.

    This innovative book focuses on: * an historical perspective on class formation under capitalism and its transnational integration* international relations between the English-speaking centre of capital and successive contender states. The author develops a broad-ranging and thorough understanding of class in the process of globalization. He does so within several theoretical frameworks shedding much light on this important topic

    Within the context of Brownian-motion-driven asset prices, it develops contingent claim pricing and optimal consumption/investment in both complete and incomplete markets. The latter topic is extended to a study of equilibrium, providing conditions for the existence and uniqueness of market prices which support trading by several heterogeneous agents. Although much of the incomplete-market material is available in research papers, these topics are treated for the first time in a unified manner. The book contains an extensive set of references and notes decribing the field, including topics not treated in the text.This monograph should be of interest to researchers wishing to see advanced mathematics applied to finance. The material on optimal consumption and investment, leading to equilibrium, is addressed to the theoretical finance community. The chapters on contingent claim valuation present techniques of practical importance, especially for pricing exotic options.

    Exploring one of the most dynamic and contested regions of the world, this series includes works on political, economic, cultural, and social changes in modern and contemporary Asia and the Pacific.

    What's missing is the why - why you should lead by example, why others will follow you, why improving yourself and your people contributes to making the world a better place. Becoming a Total Leader helps managers at all levels heighten their own success and achievement and build vibrant self-esteem among their followers. For every leader who aspires to greatness - and for anyone who aspires to lead - Becoming a Total Leader is a management creed for the next millennium.

    He has conducted path-breaking work in both microeconomics and macroeconomics, is the best-selling author of numerous publications, and was awarded the Nobel Prize for Economic Science in 1987. In Monopolistic Competition and Macroeconomic Theory, Professor Solow gives a nontechnical account of the implications of monopolistic competition on macroeconomic theory and shows that simple and tractable micro-based models can offer the possibility of a richer and more intuitive macroeconomics.

    This comprehensive resource provides full descriptions of indicators and what they represent, their impact on the direction of interest rates, exchange rates, and the stock market, and the hows and whys of market reaction. Most importantly, the Second Edition offers practical guidelines for gearing your investment strategies to these ever-changing economic statistics. This is essential reading for anyone looking to make sense of vital economic figures.

    Changes in technology and work offered unprecedented opportunity for some, but the deskilling of craft and the rise of factory work meant dislocation for others. Journeymen for Jesus explores how the artisan community in one city, Baltimore, responded to these life-changing developments during the years of the early republic. Baltimore in the Jacksonian years (1820s and 1830s) was America's third largest city. Its unions rivaled those of New York and Philadelphia in organization and militancy, and it was also a stronghold of evangelical Methodism. These circumstances created a powerful mix at a time when workers were confronting the negative effects of industrialism. Many of them found within Methodism and its populist spirituality an empowering force that inspired their refusal to accept dependency and second-class citizenship. Historians often portray evangelical Protestantism as either a top-down means of social control or as a bottom-up process that created passive workers. Sutton, however, reveals a populist evangelicalism that undergirded the producer tradition dominant among those supportive of trade union goals. Producers were not socialists or social democrats, but they were anticapitalist and reform-minded. In populist evangelicalism they discovered a potent language and ethic for their discontent. Journeymen for Jesus presents a rich and unromanticized portrait of artisan culture in early America. In the process, it adds to our understanding of the class tensions present in Jacksonian America.

    However, the more realistic the model, the more practitioners face still-unsolved problems in rigorous mathematics and econometrics, in addition to serious numerical difficulties. The idea behind this book is to use Mathematica(R) to provide a wide range of exact benchmark models against which inexact models can be tested and verified. In so doing, the author is able to explain when models and numerical schemes can be relied on, and when they can't. Benchmarking is also applied to Monte Carlo simulations. Mathematica's graphical and animation capabilities are exploited to show how a model's characteristics can be visualized in two and three dimensions. The models described are all available on an accompanying CD that runs on most Windows, Unix and Macintosh platforms; to be able fully to use the software, Mathematica 3 is required, although certain features are usable with Mathematica 2.2. This product will prove of inestimable worth for financial instrument valuation and hedging, checking existing models and for analyzing derivatives; it can be used for professional or training purposes in financial institutions or universities, and in MBA courses.

    In this work, he shows that the changes leading to the end of American agricultural production are part of a natural process that is making us all better off. Beginning with broad observations from history and the current status of agriculture around the world, Blank explores how the decisions of individuals combine to make the end of American agricultural production predictable and rational. The inevitable creeping of international economic development is shown to be the sum of individual struggles facing producers across America and around the world. Also, decisions regarding operating an agricultural business derive from many interrelated peculiarities of the industry, both in America and elsewhere. The story is fascinating in its global scope and is relevant to everyone because the simple economic decision-making processes involved will be repeated in the story of other industries.

    Regulation became prominent in the late medieval mercantile rent seeking societies, but was little used in the United States until after the Civil War. The author demonstrates the nature of regulation as antithetical to constitutional forms of law, and an antidemocratic franchising of legitimate legislative authority to unelected persons. He provides a history of industry regulation using transportation and public utilities that belies the public interest justification for such regulation and makes its rent-seeking origins clear. The history of social regulation proves less clear, but shows the public harmed more than helped by it, as exhibited through its enormous negative effect on productivity growth and economic activity.

    The many historical documents and statistics incorporated into the text enhance the discussion of the lifestyle of the general populace across western civilization.

    It suggests political motivation on Roosevelt's part, not concern for the unemployed.

    Unfortunately they have been inaccessible outside of the Lonergan research community as the majority of them have not been formally published, and exist only as a group of unfinished essays and material for courses on economics taught by Lonergan. The publication of For a New Political Economy, along with its companion volume, Macroeconomic Dynamics: An Essay in Circulation Analysis (Collected Works of Bernard Lonergan, Volume 15), seeks to remedy this by bringing together the various elements of Lonergan's economic thought.Lonergan's concept of economics differs radically from that of contemporary economists and represent a major paradigm shift. He takes a fresh look at fundamental variables and breaks from centralist theory and practice, offering a uniquely democratic perspective on surplus income and non-political control.For a New Political Economy is a collection of drafts, notes, and essays written by Lonergan in the 1940s on various aspects of economics. This volume provides the intellectual underpinnings of ideas more fully explored in Macroeconomic Dynamics.