But internal problems of corruption, popular unrest, and dwindling finances had weakened China far more than was commonly understood, and the war would help set in motion the eventual fall of the Qing dynasty--which, in turn, would lead to the rise of nationalism and communism in the twentieth century. As one of the most potent turning points in the country's modern history, the Opium War has since come to stand for everything that today's China seeks to put behind it.In this dramatic, epic story, award-winning historian Stephen Platt sheds new light on the early attempts by Western traders and missionaries to "open" China--traveling mostly in secret beyond Canton, the single port where they were allowed--even as China's imperial rulers were struggling to manage their country's decline and Confucian scholars grappled with how to use foreign trade to China's advantage. The book paints an enduring portrait of an immensely profitable--and mostly peaceful--meeting of civilizations at Canton over the long term that was destined to be shattered by one of the most shockingly unjust wars in the annals of imperial history. Brimming with a fascinating cast of British, Chinese, and American individuals, this riveting narrative of relations between China and the West has important implications for today's uncertain and ever-changing political climate.

    The vast quantities of gold and silver would make their country rich, yet the new wealth, which was plunged into multiple wars, would eventually lead to the economic ruin of their empire. Here, historian and politician Kwasi Kwarteng shows that this moment in world history has been echoed many times, from the French Revolution to both World Wars, right up to the present day, when our own financial crisis saw many of our great nations slip into financial trouble. Kwarteng reveals a pattern of war-waging, financial debt and fluctuations between paper money and the gold standard, and creates a compelling study of the powerful relationship that has shaped the world as we know it, that between war and gold.

    But the meeting at Bretton Woods in 1944 was different. It was the only time countries from around the world have agreed to overhaul the structure of the international monetary system. Against all odds, they were successful. The system they set up presided over the longest, strongest and most stable period of growth the world economy has ever seen. Its demise some decades later was at least partly responsible for the periodic economic crises that culminated in the financial collapse of the 2000s.But what everyone has always assumed to be a dry economic conference was in fact replete with drama. The delegates spent half the time at each other's throats and the other half drinking in the hotel bar. The Russians nearly capsized the entire project. The French threatened to walk out, repeatedly. All the while war in Europe raged on.At the very heart of the conference was the love-hate relationship between the Briton John Maynard Keynes, the greatest economist of his day, who suffered a heart attack at the conference itself and who was a true worldwide celebrity - and his American counterpart Harry Dexter White (later revealed to be passing information secretly to Russian spies). Both were intent on creating an economic settlement which would put right the wrongs of Versailles. Both were working to prevent another world war. But they were also working to defend their countries' national interests.Drawing on a wealth of unpublished accounts, diaries and oral histories, this brilliant book describes the conference in stunning color and clarity. Bringing to life the characters, events and economics and written with exceptional verve and narrative pace, this is an extraordinary debut from a talented new historian.

    He has now extended it by adding a full-scale analysis of modern industrial Europe from the First World War to the 1960s. In his new Introduction, Professor Landes discusses the characteristics, progress, and political, economic and social implications of the Industrial Revolution in Britain, France and Germany. He raises the general question: why was Europe the first to industrialize? His section on the inter-war years covers the effect of the First World War in accelerating the dissolution of the old international economy, the reasons for monetary instability and the consequences of monetary difficulties for the economic history of Europe. In particular he discusses the causes of the economic crisis of 1929-1932, the reasons for its severity and quasi-universality and for Britain's early and sustained recovery. An important theme is the impediments posed by generalized international egoism to the efficiency and growth of the European economies. In his final chapter on the economic recovery of Western Europe after the Second World War, Professor Landes examines the forces which have operated since the early 1950s to give Western Europe a period of unprecedented economic growth. He raises the vital question: is this recent boom a temporary phenomenon or the first stage in a new trend of more rapid growth, reflecting an acceleration in technological advance?

    

    This piece of history is set in 1969 West Germany. The reality of what happened in the Cold War on the border between the opposing forces of East and West makes this a great read; it's an important part of our military history. Rick Fontain, the main character, is found just out of high school working for Bell Systems when he is summoned by his friends and neighbors. During his induction into the US Army he is given an aptitude test. The test results change the path of his life forever. He is encouraged to become an officer but the extra time, in addition to his two years, is a no go for Rick. He opts for training on the Redeye, the first ever hand held surface to air missile system designed for close combat for the infantry. What Rick doesn't know is that he is being watched from afar. His progress is being scrutinized and he is being evaluated for recruitment into the CIA. The style of the author, Fortin, is written in the first person. We travel with Bill on a journey that follows the army life of Rick though short snippets of his, at times, humorous and MASH-like journey. The style of headers detailing the timeframe of where and when things were taking place are unique and are always appreciated by the reader always pushing to find out where and when what would happen next. His journey from boot camp continues when he is stationed near the Fulda Gap. Not a well known place, but its stragetic position to the free world was an important post that kept Europe safe during those tense 30 plus years. Rick and his team would become one of the greatest deterrents to an invasion from Mother Russia. Fortin brings all the key elements together to make a fabulous story: mystery; intrigue; love; suspense; bravery and reality. It is a snap shot in history back to when the world was at the brink. Redeye Fulda Cold is a historical expression of our military tradition. The story ends leaving the reader wanting to see a sequel novel to find out where Rick goes next. Author Bill Fortin has deftly combined fictional characters and people he served with in the United States Army to recount some important but little-known events during the Cold War. His story takes the reader to the people and places of the late 1960s European Military Community and a series of carefully crafted CIA military operations designed to thwart a possible Russian invasion through the infamous Fulda Gap.

    But what he really thought, and what the implications of his ideas are, remain fiercely contested. Was he an eloquent advocate of capitalism and the freedom of the individual? Or a prime mover of 'market fundamentalism' and an apologist for inequality and human selfishness? Or something else entirely? Jesse Norman's brilliantly conceived \book gives us not just Smith's economics, but his vastly wider intellectual project. Against the turbulent backdrop of Enlightenment Scotland, it lays out a succinct and highly engaging account of Smith's life and times, reviews his work as a whole and traces his influence over the past two centuries.But this book is not only a biography. It dispels the myths and debunks the caricatures that have grown up around Adam Smith. It explores Smith's ideas in detail, from ethics to law to economics and government, and the impact of those ideas on thinkers as diverse as Karl Marx, Charles Darwin, John Maynard Keynes and Friedrich Hayek. Far from being simply an economist, Adam Smith emerges as one of the founders of modern social psychology and behavioural theory. Far from being a doctrinaire 'libertarian' or 'neoliberal' thinker, he offers a strikingly modern evolutionary theory of political economy, which recognises the often complementary roles of markets and the state.At a time when economics and politics are ever more polarized between left and right, this book, by offering a Smithian analysis of contemporary markets, predatory capitalism and the 2008 financial crash, returns us to first principles and shows how the lost centre of modern public debate can be recreated. Through Smith's work, it addresses crucial issues of inequality, human dignity and exploitation; and it provides a compelling explanation of why he remains central to any attempt to defend, reform or renew the market system.

     Explores previously neglected sets of connections in world history. Reveals that the world was far more 'globalised', even at the beginning of this period, than is commonly thought. Sketches the 'ripple effects' of world crises such as the European revolutions and the American Civil War. Shows how events in Asia, Africa and South America impacted on the world as a whole. Considers the great themes of the nineteenth-century world, including the rise of the modern state, industrialisation and liberalism. Challenges and complements the regional and national approaches which have traditionally dominated history teaching and writing. Part of The Blackwell History of the World SeriesThe goal of this ambitious series is to provide an accessible source of knowledge about the entire human past, for every curious person in every part of the world. It will comprise some two dozen volumes, of which some provide synoptic views of the history of particular regions while others consider the world as a whole during a particular period of time. The volumes are narrative in form, giving balanced attention to social and cultural history (in the broadest sense) as well as to institutional development and political change. Each provides a systematic account of a very large subject, but they are also both imaginative and interpretative. The Series is intended to be accessible to the widest possible readership, and the accessibility of its volumes is matched by the style of presentation and production.

    It concentrates on the models of behaviour of the basic economic units, consumers and producers. The main emphasis is on oligopoly, which is the typical market structure of the modern industrial world. In addition, this Second Edition includes a third part covering the three important topics of the theory of factor pricing, general equilibrium theory and welfare theory. The new edition thus covers all the topics usually included in textbooks on price theory.The book is written at an intermediate level, and is designed for undergraduate micro-theory courses. In addition, postgraduate courses, in which micro theory is taught not at too specialized a level, could make use of the text. The author has adopted the verbal approach, with extensive use of diagrams to illustrate the verbal exposition. Mathematical proofs (where necessary) are presented in footnotes, or, when in the text, they are printed in small print so as not to interrupt the main theme.A wealth of features make this textbook unique in both coverage and approach.

    Examining a series of El Niño-induced droughts and the famines that they spawned around the globe in the last third of the nineteenth century, Mike Davis discloses the intimate, baleful relationship between imperial arrogance and natural incident that combined to produce some of the worst tragedies in human history and to sow the seeds of underdevelopment in what later became known as the Third World.

    Its homes were well-furnished and fanatically clean; its citizens feasted on 100-course banquets and speculated fortunes on new varieties of tulip. Yet, in the midst of plenty, the Dutch were ill at ease. In this brilliantly innovative book--which launched his reputation as one of our most perspicacious and stylish historians--Simon Schama explores the mysterious contradictions of a nation that invented itself from the ground up, attained an unprecedented level of affluence, and lived in dread of being corrupted by its happiness.Drawing on a vast array of period documents and sumptuously reproduced art, Schama re-creates, in precise and loving detail, a nation's mental furniture. He tells of bloody uprisings and beached whales, of the cult of hygiene and the plague of tobacco, of thrifty housewives and profligate tulip-speculators. He tells us how the Dutch celebrated themselves and how they were slandered by their enemies. The Embarrassment of Riches is a book that set a standard for its discipline; it throbs with life on every page.

    When a scholar as careful and learned as Mr. Kennedy is prompted by contemporary issues to reexamine the great processes of the past, the result can only be an enhancement of our historical understanding.... When the study is written as simply and attractively as this work is, its publication may have a great and beneficient impact. It is to be hoped that Mr. Kennedy's will have one, at a potentially decisive moment in America's history."Michael Howard, The New York Times Book Review"Important, learned, and lucid... Paul Kennedy's great achievement is that he makes us see our current international problems against a background of empires that have gone under because they were unaible to sustain the material cost of greatness; and he does so in a universal historical perspective of which Ranke would surely have approved."James Joll, The New York Review of Books"His strategic-economic approach provides him with the context for a shapely narrative....Professor Kennedy not only exploits his framework eloquently, he also makes use of it to dig deeper and explore the historical contexts in which some 'power centers' prospered....But the most commanding purpose of his project...is the lesson he draws from 15 centuries of statecraft to apply to the present scene....[The book's] final section is for everyone concerned with the contemporary political scene."Christopher Lehmann-Haupt, The New York Times"Kennedy gives epic meaning to the nation's relative economic and industrial decline." Newsweek

    Rather, it is a late and localized product of very specific historical conditions, which required great transformations in social relations and in the human interaction with nature.This new edition is substantially revised and expanded, with extensive new material on imperialism, anti-Eurocentric history, capitalism and the nation-state, and the differences between capitalism and non-capitalist commerce. The author traces links between the origin of capitalism and contemporary conditions such as globalization, ecological degradation, and the current agricultural crisis.

    It was also the year that the economic theories of Reagan, Thatcher, and the Chicago School achieved global dominance. And it was these neoliberal ideas that largely determined the course of the political, economic, and social changes that transformed Europe—both east and west—over the next quarter century. This award-winning book provides the first comprehensive history of post-1989 Europe.Philipp Ther—a firsthand witness to many of the transformations, from Czechoslovakia during the Velvet Revolution to postcommunist Poland and Ukraine—offers a sweeping narrative filled with vivid details and memorable stories. He describes how liberalization, deregulation, and privatization had catastrophic effects on former Soviet Bloc countries. He refutes the idea that this economic "shock therapy" was the basis of later growth, arguing that human capital and the “transformation from below” determined economic success or failure. Most important, he shows how the capitalist West's effort to reshape Eastern Europe in its own likeness ended up reshaping Western Europe as well, in part by accelerating the pace and scope of neoliberal reforms in the West, particularly in reunified Germany. Finally, bringing the story up to the present, Ther compares events in Eastern and Southern Europe leading up to and following the 2008–9 global financial crisis.A compelling and often-surprising account of how the new order of the New Europe was wrought from the chaotic aftermath of the Cold War, this is essential reading for understanding Europe today.

    Together the chapters illustrate how economic theory and rigorous empirical analysis can shed light on some of the most important issues in social science and public policy namely, under what circumstances individuals break the law and how sanctions can be structured to most effectively prevent such behavior. This book will be an excellent resource for graduate students and researchers not only in economics, but in other social sciences as well. Brian A. Jacob, Harvard University, US This is a superb collection of one of the most important literatures in law and economics. The editors, two of the most productive and gifted scholars in this area, not only show the important historical evolution of the theoretical issues stemming from the seminal article by Gary Becker, but they also give a survey of the leading empirical works on the most salient issues in criminal justice. The editors introduction is a deft summary of one of the most significant contributions that economic analysis has made to the study of law. Thomas S. Ulen, University of Illinois, Urbana-Champaign, US The volume presents the seminal articles in the economic analysis of the criminal law. The articles include the path-breaking theoretical economic analyses of criminal behavior and the leading empirical tests of these theories. The volume also contains the most prominent economic analyses of the substantive doctrines of criminal law and criminal procedure. Other articles present influential applications of economic concepts and evidence to perennial issues in criminal law and criminal justice, such as gun control, drug prohibition, and sentencing policy. An introduction by the volume editors provides a comprehensive overview of the works included. Economics of Criminal Law will be an essential source of reference for scholars, graduate students in both law and in economics, and practitioners.