Breakpoint
Jon McGee - 2015
Fortunately, Jon McGee is an ideal guide through this dynamic marketplace. In Breakpoint, he argues that higher education is in the midst of an extraordinary moment of demographic, economic, and cultural transition that has significant implications for how colleges understand their mission, their market, and their management. Drawing from an extensive assessment of demographic and economic trends, McGee presents a broad and integrative picture of these changes while stressing the importance of decisive campus leadership. He describes the key forces that influence higher education and provides a framework from which trustees, presidents, administrators, faculty, and policy makers can address pressing issues in the aftermath of the Great Recession.Although McGee avoids endorsing one-size-fits-all solutions, he suggests a number of concrete strategies for handling prospective students and developing pedagogical practices, curricular content and delivery, and management structures. Practical and compelling, Breakpoint will help higher education leaders make choices that advance their institutional values and serve their students and the common good for generations to come.
The Economics of Just About Everything
Andrew Leigh - 2014
Economics has things to say about AC/DC and Arthur Boyd, dating and dieting, Grange and Geelong, murder and poverty. Incentives matter, often in surprising ways, and seemingly simple everyday activities can have unexpected outcomes. Insights from behavioural economics can also help us make better decisions.If you like fresh facts and provocative ideas, this is great train and weekend reading. You'll soon see the world and the people around you in a new light.'Essential reading for the 21st century' - Karl Kruszelnicki'Economics isn't the only thing, but Andrew Leigh reminds us that it can explain almost everything.' - George Megalogenis'What do you get when you cross a politician with an economist? A captivating, charming, and nicely-written book. Who knew?' - Annabel CrabbAndrew Leigh is the federal member for Fraser, ACT. He has a PhD from Harvard, was a Professor of Economics at the Australian National University, appears regularly in the media, and is author of several books, including Battlers and Billionaires.
The Ancient Economy
Moses I. Finley - 1973
I. Finley in his classic work. The states of the ancient Mediterranean world had no recognizable real-property market, never fought a commercially inspired war, witnessed no drive to capital formation, and assigned the management of many substantial enterprises to slaves and ex-slaves. In short, to study the economies of the ancient world, one must begin by discarding many premises that seemed self-evident before Finley showed that they were useless or misleading. Available again, with a new foreword by Ian Morris, these sagacious, fertile, and occasionally combative essays are just as electrifying today as when Finley first wrote them.
Central Banking 101
Joseph J Wang - 2021
With a few words, the Fed can lift the stock market out of desperation and catapult it towards euphoric highs. With a few keystrokes, the Fed can conjure up trillions of dollars and fund virtually unlimited Federal spending. And with a few poor decisions, the Fed can plunge the entire world into a recession. The Federal Reserve is one of the most powerful institutions in the world, and also one of the most difficult to understand.The Fed acts through its Open Markets Desk, which sits at the heart of the global financial system as the world's ultimate and limitless provider of dollars. On behalf of policy makers, the Desk gathers market intelligence from all the major market participants, sifts through reams of internal data, and works behind the scenes keep the financial system intact. It is responsible for all of the Fed's market operations, from trillions in quantitative easing to hundreds of billions in repo and FX-swap loans. The financial crises of 2008 and 2020 abated only through the emergency interventions of the Desk.Joseph Wang spent five years studying the monetary system as a trader on the Desk. From that vantage point, Joseph saw firsthand how the Fed operates and how the financial system really works. This book is a distillation of his experience that aims to educate and demystify. After reading this book, you will understand how money is created, how the global dollar system is structured, and how it all fits into the broader financial system.The views in this book do not necessarily reflect those of the Federal Reserve Bank of New York or the Federal Reserve System.
The Oligarchs: Wealth and Power in the New Russia
David E. Hoffman - 2002
Focusing on six of these ruthless men Hoffman reveals how a few players managed to take over Russia's cash-strapped economy and then divvy it up in loans-for-shares deals. Before perestroika, these men were normal Soviet citizens, stuck in a dead-end system, claustrophobic apartments, and long bread lines. But as Communism loosened, they found gaps in the economy and reaped huge fortunes by getting their hands on fast money. They were entrepreneurs. As the government weakened and their businesses flourished, they grew greedier. Now the stakes were higher. The state was auctioning off its own assets to the highest bidder. The tycoons go on wild borrowing sprees, taking billions of dollars from gullible western lenders. Meanwhile, Russia is building up a debt bomb. When the ruble finally collapses and Russia defaults, the tycoons try to save themselves by hiding their assets and running for cover. They turn against each other as each one faces a stark choice--annihilate or be annihilated. The story of the old Russia was spies, dissidents, and missiles. This is the new Russia, where civil society and the rule of law have little or no meaning.
Comrades: A World History of Communism
Robert Service - 2007
It offers a succession of incisive pen-portraits of outstanding leaders and decisive events and spans the nineteenth and twenty-first centuries. It draws on material from many national collections and several major languages and is the most up-to-date account produced since the 1960s. Ranging across not only the high politics and ideology of the most prominent communist regimes but also daily life under communism, culture and propaganda, Service analyses communism's appeal abroad as well as local attempts to set up communist administrations. He ends by showing that there was more to communism than mere brutality and demonstrates that while communism in its primordial form is now dead in most countries, the causes of its ability to gather support among intellectuals and ordinary people have not vanished: economic poverty and political oppression. And the lasting message of the book is that something must be done to eradicate poverty and oppression if the world is to avoid a repetition of totalitarianism in some new form. It is a highly readable, compellingly argued and an exciting work of history, if not always a comforting one.
Why Minsky Matters: An Introduction to the Work of a Maverick Economist
L. Randall Wray - 2015
Minsky (1919-96). Although a handful of economists raised alarms as early as 2000, Minsky's warnings began a half-century earlier, with writings that set out a compelling theory of financial instability. Yet even today he remains largely outside mainstream economics; few people have a good grasp of his writings, and fewer still understand their full importance. Why Minsky Matters makes the maverick economist's critically valuable insights accessible to general readers for the first time. L. Randall Wray shows that by understanding Minsky we will not only see the next crisis coming but we might be able to act quickly enough to prevent it.As Wray explains, Minsky's most important idea is that stability is destabilizing: to the degree that the economy achieves what looks to be robust and stable growth, it is setting up the conditions in which a crash becomes ever more likely. Before the financial crisis, mainstream economists pointed to much evidence that the economy was more stable, but their predictions were completely wrong because they disregarded Minsky's insight. Wray also introduces Minsky's significant work on money and banking, poverty and unemployment, and the evolution of capitalism, as well as his proposals for reforming the financial system and promoting economic stability.A much-needed introduction to an economist whose ideas are more relevant than ever, Why Minsky Matters is essential reading for anyone who wants to understand why economic crises are becoming more frequent and severe--and what we can do about it.
The Russian Revolution: A View from the Third World
Walter Rodney - 2018
Earning his PhD in 1966 at the age of 24 and publishing his influential history, How Europe Underdeveloped Africa, at 30, Rodney became a leading force of dissent throughout the Caribbean and a lightning rod of controversy. The 1968 Rodney Riots erupted in Jamaica when he was prevented from returning to his teaching post at the University of the West Indies. In 1980, Rodney was assassinated in Guyana, reportedly at the behest of the government. In the mid-’70s, Rodney taught a course on the Russian Revolution at the Universtiy of Dar es Salaam in Tanzania. A Pan-Africanist and Marxist, Rodney sought to make sense of the reverberations of the October Revolution in a decolonizing world marked by Third World revolutionary movements. He intended to publish a book based on his research and teaching. Now historians Jesse Benjamin, Robin D.G. Kelley, and Vijay Prashad have edited Rodney’s polished chapters and unfinished lecture notes, presenting the book that Rodney had hoped to publish.The Russian Revolution is a signal event in radical publishing, and will inaugurate Verso Books's standard edition of Walter Rodney’s works.
Neoliberalism's Demons: On the Political Theology of Late Capital
Adam Kotsko - 2018
Neoliberalism's Demons argues that it is much more than that: a complete worldview, neoliberalism presents the competitive marketplace as the model for true human flourishing. And it has enjoyed great success: from the struggle for "global competitiveness" on the world stage down to our individual practices of self-branding and social networking, neoliberalism has transformed every aspect of our shared social life.The book explores the sources of neoliberalism's remarkable success and the roots of its current decline. Neoliberalism's appeal is its promise of freedom in the form of unfettered free choice. But that freedom is a trap: we have just enough freedom to be accountable for our failings, but not enough to create genuine change. If we choose rightly, we ratify our own exploitation. And if we choose wrongly, we are consigned to the outer darkness--and then demonized as the cause of social ills. By tracing the political and theological roots of the neoliberal concept of freedom, Adam Kotsko offers a fresh perspective, one that emphasizes the dynamics of race, gender, and sexuality. More than that, he accounts for the rise of right-wing populism, arguing that, far from breaking with the neoliberal model, it actually doubles down on neoliberalism's most destructive features.
The Idea of Decline in Western History
Arthur Herman - 1997
Through a series of biographical portraits spanning the 19th and 20th centuries, the author traces the roots of declinism and aims to shows how major thinkers of the past and present, including Nietzsche, DuBois, Sartre and Foucault, have contributed to its development as a coherent ideology of cultural pessimism.
Runaway World: How Globalisation Is Reshaping Our Lives
Anthony Giddens - 1999
Extending his arguments beyond the merely economic, Giddens shows how our growing interdependence directly affects our everyday lives. Neither a cheerleading endorsement of emerging markets, nor a fearful rant on the growth of terrorism or loss of American jobs, this is a book about a world that grows smaller every day, and how those changes are affecting our culture, our traditions, our families, and our politics. Identifying globalization as a true cultural force, this eloquent and important volume is the starting point for anyone concerned about our increasingly interconnected world.
Basic Finance: An Introduction to Financial Institutions, Investments, and Management
Herbert B. Mayo - 2011
The text offers a strong finance foundation focusing on Internet resources and sample number problems, cases, and calculator solutions using a Microsoft Excel appendix. The text introduces the time value of money using three approaches to reinforce the concept--interest tables, financial calculator keystrokes, and investment analysis calculator software created specifically for the Mayo books.
The Umbrella of US Power: The Universal Declaration of Human Rights & the Contradictions of US Policy
Noam Chomsky - 1999
Analysing the contradictions of U.S. power while illustrating the real progress won by sustained popular struggle, Chomsky cuts through official political rhetoric to examine how the United States not only violates the UD, but at times uses it as a weapon to wield against designated enemies.
After Piketty: The Agenda for Economics and Inequality
Heather Boushey - 2017
But are its analyses of inequality and economic growth on target? Where should researchers go from here in exploring the ideas Piketty pushed to the forefront of global conversation? A cast of economists and other social scientists tackle these questions in dialogue with Piketty, in what is sure to be a much-debated book in its own right.After Piketty opens with a discussion by Arthur Goldhammer, the book's translator, of the reasons for Capital's phenomenal success, followed by the published reviews of Nobel laureates Paul Krugman and Robert Solow. The rest of the book is devoted to newly commissioned essays that interrogate Piketty's arguments. Suresh Naidu and other contributors ask whether Piketty said enough about power, slavery, and the complex nature of capital. Laura Tyson and Michael Spence consider the impact of technology on inequality. Heather Boushey, Branko Milanovic, and others consider topics ranging from gender to trends in the global South. Emmanuel Saez lays out an agenda for future research on inequality, while a variety of essayists examine the book's implications for the social sciences more broadly. Piketty replies to these questions in a substantial concluding chapter.An indispensable interdisciplinary work, After Piketty does not shy away from the seemingly intractable problems that made Capital in the Twenty-First Century so compelling for so many.