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The Virginia School's economics of natural equals makes consent critical for policy. Democracy is understood as government by discussion, not majority rule. The claim of efficiency unsupported by consent, as common in orthodox economics, appeals to social hierarchy. Politics becomes an act of exchange among equals where the economist is ...
Towards an Economics of Natural Equals: A Documentary History of the Early Virginia School
The Virginia School's economics of natural equals makes consent critical for policy. Democracy is understood as government by discussion, not majority rule. The claim of efficiency unsupported by consent, as common in orthodox economics, appeals to social hierarchy. Politics becomes an act of exchange among equals where the economist is only entitled to offer advice to citizens, not to dictators. The foundation of natural equality and consent explains the common themes of James Buchanan and John Rawls as well as Ronald Coase and the Fabian socialists. What orthodox economics treats as efficient racial discrimination violates the fair chance entitlement to which people consent in a market economy. The importance of replication stressed by Gordon Tullock, developing themes from Karl Popper, is another expression of natural equality since the foresight of replication induces care into research. The publication of previously unpublished correspondence and documentation allows the reader to judge recent controversy.
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115.500000 USD

Towards an Economics of Natural Equals: A Documentary History of the Early Virginia School

by Sandra J. Peart, David M Levy
Hardback
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The field of economics has proliferated in complexity and importance since the Second World War. Alessandro Roncaglia recounts the history of the different approaches (marginalist, neoclassical, Keynesian, Austrian, monetarism, rational expectations, institutionalist, evolutionary, classical-Sraffian) and the different fields (micro, macro, money and finance, industrial and game theory, institutions, public finance, ...
The Age of Fragmentation: A History of Contemporary Economic Thought
The field of economics has proliferated in complexity and importance since the Second World War. Alessandro Roncaglia recounts the history of the different approaches (marginalist, neoclassical, Keynesian, Austrian, monetarism, rational expectations, institutionalist, evolutionary, classical-Sraffian) and the different fields (micro, macro, money and finance, industrial and game theory, institutions, public finance, econometrics), illustrating the thought and personality of the most important contemporary economists (from Hayek to Sraffa, from Modigliani and Samuelson to Friedman, from Simon to Sen, and many others), focusing on the conceptual foundations of the different streams. At the same time he appraises critically the important debates and controversies in the field and concludes by discussing possible future directions for economic thought. This follow-up to The Wealth of Ideas: A History of Economic Thought is a readable introduction to the contemporary economics discourse, accessible to economics students and informed general readers, and an important complement for advanced students and economists active in specialized fields.
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120.750000 USD

The Age of Fragmentation: A History of Contemporary Economic Thought

by Alessandro Roncaglia
Hardback
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This book examines the evolution of fiscal capacity in the context of colonial state formation and the changing world order between 1850 and 1960. Until the early nineteenth century, European colonial control over Asia and Africa was largely confined to coastal and island settlements, which functioned as little more than ...
Fiscal Capacity and the Colonial State in Asia and Africa, c.1850-1960
This book examines the evolution of fiscal capacity in the context of colonial state formation and the changing world order between 1850 and 1960. Until the early nineteenth century, European colonial control over Asia and Africa was largely confined to coastal and island settlements, which functioned as little more than trading posts. The officials running these settlements had neither the resources nor the need to develop new fiscal instruments. With the expansion of imperialism, the costs of maintaining colonies rose. Home governments, reluctant to place the financial burden of imperial expansion on metropolitan taxpayers, pressed colonial governments to become fiscally self-supporting. A team of leading historians provides a comparative overview of how colonial states set up their administrative systems and how these regimes involved local people and elites. They shed new light on the political economy of colonial state formation and the institutional legacies they left behind at independence.
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104.990000 USD

Fiscal Capacity and the Colonial State in Asia and Africa, c.1850-1960

Hardback
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The field of economics has proliferated in complexity and importance since the Second World War. Alessandro Roncaglia recounts the history of the different approaches (marginalist, neoclassical, Keynesian, Austrian, monetarism, rational expectations, institutionalist, evolutionary, classical-Sraffian) and the different fields (micro, macro, money and finance, industrial and game theory, institutions, public finance, ...
The Age of Fragmentation: A History of Contemporary Economic Thought
The field of economics has proliferated in complexity and importance since the Second World War. Alessandro Roncaglia recounts the history of the different approaches (marginalist, neoclassical, Keynesian, Austrian, monetarism, rational expectations, institutionalist, evolutionary, classical-Sraffian) and the different fields (micro, macro, money and finance, industrial and game theory, institutions, public finance, econometrics), illustrating the thought and personality of the most important contemporary economists (from Hayek to Sraffa, from Modigliani and Samuelson to Friedman, from Simon to Sen, and many others), focusing on the conceptual foundations of the different streams. At the same time he appraises critically the important debates and controversies in the field and concludes by discussing possible future directions for economic thought. This follow-up to The Wealth of Ideas: A History of Economic Thought is a readable introduction to the contemporary economics discourse, accessible to economics students and informed general readers, and an important complement for advanced students and economists active in specialized fields.
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41.990000 USD

The Age of Fragmentation: A History of Contemporary Economic Thought

by Alessandro Roncaglia
Paperback / softback
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This is the first comparative and comprehensive account of occupational training before the Industrial Revolution. Apprenticeship was a critical part of human capital formation, and, because of this, it has a central role to play in understanding economic growth in the past. At the same time, it was a key ...
Apprenticeship in Early Modern Europe
This is the first comparative and comprehensive account of occupational training before the Industrial Revolution. Apprenticeship was a critical part of human capital formation, and, because of this, it has a central role to play in understanding economic growth in the past. At the same time, it was a key stage in the lives of many people, whose access to skills and experience of learning were shaped by the guilds that trained them. The local and national studies contained in this volume bring together the latest research into how skills training worked across Europe in an era before the emergence of national school systems. These essays, written to a common agenda and drawing on major new datasets, systematically outline the features of what amounted to a European-wide system of skills education, and provide essential insights into a key institution of economic and social history.
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104.990000 USD

Apprenticeship in Early Modern Europe

Hardback
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Shipping has been the international business par excellence in many national economies, one that preceded trends in other, more highly visible sectors of international economic activity. Nevertheless, in both business or economic history, shipping has remained relatively overlooked. That gap is filled by this exploration of the evolution of European ...
Creating Global Shipping: Aristotle Onassis, the Vagliano Brothers, and the Business of Shipping, c.1820-1970
Shipping has been the international business par excellence in many national economies, one that preceded trends in other, more highly visible sectors of international economic activity. Nevertheless, in both business or economic history, shipping has remained relatively overlooked. That gap is filled by this exploration of the evolution of European shipping through the study of two Greek shipping firms. They provide a prime example of the regional European maritime businesses that evolved to serve Europe's international trade and, eventually, the global economy. By the end of the twentieth century, Greeks owned more ships than any other nationality. The story of the Vagliano brothers traces the transformation of Greek shipping from local shipping and trading to international shipping and ship management, while the case of Aristotle Onassis reveals how international shipping was transformed into a global business.
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126.000000 USD

Creating Global Shipping: Aristotle Onassis, the Vagliano Brothers, and the Business of Shipping, c.1820-1970

by Gelina Harlaftis
Hardback
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A prime contemporary concern - how to maintain fair market relations - is addressed through this study of the regulation of bread prices. This was the single most important economic reality of Europe's daily life in the early modern period. Jan de Vries uses the Dutch Republic as a case ...
The Price of Bread: Regulating the Market in the Dutch Republic
A prime contemporary concern - how to maintain fair market relations - is addressed through this study of the regulation of bread prices. This was the single most important economic reality of Europe's daily life in the early modern period. Jan de Vries uses the Dutch Republic as a case study of how the market functioned and how the regulatory system evolved and acted. The ways in which consumer behaviour adapted to these structures, and the state interacted with producers and consumers in the pursuit of its own interests, had major implications for the measurement of living standards in this period. The long-term consequences of the Dutch state's interventions reveal how capitalist economies, far from being the outcome of unfettered market economics, are inextricably linked with regulatory fiscal regimes. The humble loaf serves as a prism through which to explore major developments in early modern European society and how public market regulation affected private economic life.
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47.240000 USD

The Price of Bread: Regulating the Market in the Dutch Republic

by Jan De Vries
Hardback
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This book offers a fascinating exploration of the evolution of the Portuguese economy over the course of eight centuries, from the foundation of the kingdom in 1143, when political boundaries began to take shape in the midst of the Christian Reconquista of the Iberian Peninsula, and the formation of an ...
An Economic History of Portugal, 1143-2010
This book offers a fascinating exploration of the evolution of the Portuguese economy over the course of eight centuries, from the foundation of the kingdom in 1143, when political boundaries began to take shape in the midst of the Christian Reconquista of the Iberian Peninsula, and the formation of an empire, to the integration of the nation into the European Communities and the Economic and Monetary Union. Through six chapters, the authors provide a vibrant history of Portugal's past with a focus ranging from the medieval economy and the age of globalization, to war and recovery, the Atlantic economy, the rise of liberalism and patterns of convergence. The book provides a unique long-term perspective of change in a southern European country and its empire, which responds to the fundamental broader questions about when, how and why economies expand, stagnate or contract.
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36.740000 USD

An Economic History of Portugal, 1143-2010

by Susana Munch Miranda, Pedro Lains, Leonor Freire Costa
Paperback / softback
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This is the most in-depth analysis of inequality and social polarization ever attempted for a preindustrial society. Using data from the archives of the Venetian Terraferma, and compared with information available for elsewhere in Europe, Guido Alfani and Matteo Di Tullio demonstrate that the rise of the fiscal-military state served ...
The Lion's Share: Inequality and the Rise of the Fiscal State in Preindustrial Europe
This is the most in-depth analysis of inequality and social polarization ever attempted for a preindustrial society. Using data from the archives of the Venetian Terraferma, and compared with information available for elsewhere in Europe, Guido Alfani and Matteo Di Tullio demonstrate that the rise of the fiscal-military state served to increase economic inequality in the early modern period. Preindustrial fiscal systems tended to be regressive in nature, and increased post-tax inequality compared to pre-tax - in contrast to what we would assume is the case in contemporary societies. This led to greater and greater disparities in wealth, which were made worse still as taxes were collected almost entirely to fund war and defence rather than social welfare. Though focused on Old Regime Europe, Alfani and Di Tullio's findings speak to contemporary debates about the roots of inequality and social stratification.
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41.990000 USD

The Lion's Share: Inequality and the Rise of the Fiscal State in Preindustrial Europe

by Matteo Di Tullio, Guido Alfani
Hardback
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For better or for worse, in recent times the rapid growth of international economic exchange has changed our lives. But when did this process of globalization begin, and what effects did it have on economies and societies? Pim de Zwart and Jan Luiten van Zanden argue that the networks of ...
The Origins of Globalization: World Trade in the Making of the Global Economy, 1500-1800
For better or for worse, in recent times the rapid growth of international economic exchange has changed our lives. But when did this process of globalization begin, and what effects did it have on economies and societies? Pim de Zwart and Jan Luiten van Zanden argue that the networks of trade established after the voyages of Columbus and Da Gama of the late fifteenth century had transformative effects inaugurating the first era of globalization. The global flows of ships, people, money and commodities between 1500 and 1800 were substantial, and the re-alignment of production and distribution resulting from these connections had important consequences for demography, well-being, state formation and the long-term economic growth prospects of the societies involved in the newly created global economy. Whether early globalization had benign or malignant effects differed by region, but the world economy as we now know it originated in these changes in the early modern period.
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89.240000 USD

The Origins of Globalization: World Trade in the Making of the Global Economy, 1500-1800

by Jan Luiten van Zanden, Pim De Zwart
Hardback
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For better or for worse, in recent times the rapid growth of international economic exchange has changed our lives. But when did this process of globalization begin, and what effects did it have on economies and societies? Pim de Zwart and Jan Luiten van Zanden argue that the networks of ...
The Origins of Globalization: World Trade in the Making of the Global Economy, 1500-1800
For better or for worse, in recent times the rapid growth of international economic exchange has changed our lives. But when did this process of globalization begin, and what effects did it have on economies and societies? Pim de Zwart and Jan Luiten van Zanden argue that the networks of trade established after the voyages of Columbus and Da Gama of the late fifteenth century had transformative effects inaugurating the first era of globalization. The global flows of ships, people, money and commodities between 1500 and 1800 were substantial, and the re-alignment of production and distribution resulting from these connections had important consequences for demography, well-being, state formation and the long-term economic growth prospects of the societies involved in the newly created global economy. Whether early globalization had benign or malignant effects differed by region, but the world economy as we now know it originated in these changes in the early modern period.
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31.490000 USD

The Origins of Globalization: World Trade in the Making of the Global Economy, 1500-1800

by Jan Luiten van Zanden, Pim De Zwart
Paperback / softback
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An anthology of works on the philosophy of economics, including classic texts and essays exploring specific branches and schools of economics. Completely revamped, this edition contains new selections, a revised introduction and a bibliography. The volume contains 26 chapters organized into five parts: (I) Classic Discussions, (II) Positivist and Popperian ...
The Philosophy of Economics: An Anthology
An anthology of works on the philosophy of economics, including classic texts and essays exploring specific branches and schools of economics. Completely revamped, this edition contains new selections, a revised introduction and a bibliography. The volume contains 26 chapters organized into five parts: (I) Classic Discussions, (II) Positivist and Popperian Views, (III) Ideology and Normative Economics, (IV) Branches and Schools of Economics and Their Methodological Problems and (V) New Directions in Economic Methodology. It includes crucial historical contributions by figures such as Mill, Marx, Weber, Robbins, Knight, and Veblen and works by most of the leading contemporary figures writing on economic methodology, including five Nobel Laureates in Economics.
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47.200000 USD

The Philosophy of Economics: An Anthology

by Daniel M Hausman
Paperback / softback
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Collectively, mankind has never had it so good despite periodic economic crises of which the current sub-prime crisis is merely the latest example. Much of this success is attributable to the increasing efficiency of the world's financial institutions as finance has proved to be one of the most important causal ...
The Origins and Development of Financial Markets and Institutions: From the Seventeenth Century to the Present
Collectively, mankind has never had it so good despite periodic economic crises of which the current sub-prime crisis is merely the latest example. Much of this success is attributable to the increasing efficiency of the world's financial institutions as finance has proved to be one of the most important causal factors in economic performance. In a series of insightful essays, financial and economic historians examine how financial innovations from the seventeenth century to the present have continually challenged established institutional arrangements, forcing change and adaptation by governments, financial intermediaries, and financial markets. Where these have been successful, wealth creation and growth have followed. When they failed, growth slowed and sometimes economic decline has followed. These essays illustrate the difficulties of co-ordinating financial innovations in order to sustain their benefits for the wider economy, a theme that will be of interest to policy makers as well as economic historians.
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66.140000 USD

The Origins and Development of Financial Markets and Institutions: From the Seventeenth Century to the Present

Paperback / softback
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By the end of the nineteenth century the global telegraph network had connected all continents and brought distant people into direct communication 'at the speed of thought' for the first time. Roland Wenzlhuemer here examines the links between the development of the telegraph and the paths of globalization, and the ...
Connecting the Nineteenth-Century World: The Telegraph and Globalization
By the end of the nineteenth century the global telegraph network had connected all continents and brought distant people into direct communication 'at the speed of thought' for the first time. Roland Wenzlhuemer here examines the links between the development of the telegraph and the paths of globalization, and the ways in which global spaces were transformed by this technological advance. His groundbreaking approach combines cultural studies with social science methodology, including evidence based on historical GIS mapping, to shed new light on both the structural conditions of the global telegraph network and the historical agency of its users. The book reveals what it meant for people to be telegraphically connected or unconnected, how people engaged with the technology, how the use of telegraphy affected communication itself and, ultimately, whether faster communication alone can explain the central role that telegraphy occupied in nineteenth-century globalization.
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131.250000 USD

Connecting the Nineteenth-Century World: The Telegraph and Globalization

by Roland Wenzlhuemer
Hardback
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A major history of economic regimes and economic performance throughout the twentieth century. Ivan T. Berend looks at the historic development of the twentieth-century European economy, examining both its failures and its successes in responding to the challenges of this crisis-ridden and troubled but highly successful age. The book surveys ...
An Economic History of Twentieth-Century Europe: Economic Regimes from Laissez-Faire to Globalization
A major history of economic regimes and economic performance throughout the twentieth century. Ivan T. Berend looks at the historic development of the twentieth-century European economy, examining both its failures and its successes in responding to the challenges of this crisis-ridden and troubled but highly successful age. The book surveys the European economy's chronological development, the main factors of economic growth, and the various economic regimes that were invented and introduced in Europe during the twentieth century. Professor Berend shows how the vast disparity between the European regions that had characterized earlier periods gradually began to disappear during the course of the twentieth century as more and more countries reached a more or less similar level of economic development. This accessible book will be required reading for students in European economic history, economics, and modern European history.
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46.47 USD

An Economic History of Twentieth-Century Europe: Economic Regimes from Laissez-Faire to Globalization

by Ivan T. Berend
Paperback
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The late seventeenth century was a crucial period in English financial history. A host of joint-stock companies emerged offering the opportunity for investment in projects ranging from the manufacture of paper to the search for sunken treasure. Driven by the demands of the Nine Years' War, the state also employed ...
The Origins of English Financial Markets: Investment and Speculation before the South Sea Bubble
The late seventeenth century was a crucial period in English financial history. A host of joint-stock companies emerged offering the opportunity for investment in projects ranging from the manufacture of paper to the search for sunken treasure. Driven by the demands of the Nine Years' War, the state also employed innovative tactics to attract money, its most famous scheme being the incorporation of the Bank of England. This book provides a comprehensive study of the choices and actions of the investors who enthusiastically embraced London's new financial market. It highlights the interactions between public and private finance, looks at how information circulated around the market and was used by speculators and investors, and documents the establishment of the institutions - the Bank of England, the national debt and an active secondary market in that debt - on which England's financial system was built.
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49.340000 USD

The Origins of English Financial Markets: Investment and Speculation before the South Sea Bubble

by Anne L. Murphy
Paperback / softback
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To what extent has the British economy declined compared to its competitors and what are the underlying reasons for this decline? Nicholas Crafts, one of the world's foremost economic historians, tackles these questions in a major new account of Britain's long-run economic performance. He argues that history matters in interpreting ...
Forging Ahead, Falling Behind and Fighting Back: British Economic Growth from the Industrial Revolution to the Financial Crisis
To what extent has the British economy declined compared to its competitors and what are the underlying reasons for this decline? Nicholas Crafts, one of the world's foremost economic historians, tackles these questions in a major new account of Britain's long-run economic performance. He argues that history matters in interpreting current economic performance, because the present is always conditioned by what went before. Bringing together ideas from economic growth theory and varieties of capitalism to endogenous growth and cliometrics, he reveals the microeconomic foundations of Britain's economic performance in terms of the impact of institutional arrangements and policy choices on productivity performance. The book traces Britain's path from the first Industrial Revolution and global economic primacy through to its subsequent long-term decline, the strengths and weaknesses of the Thatcherite response, and the improvement in relative economic performance that was sustained to the eve of the financial crisis.
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80.840000 USD

Forging Ahead, Falling Behind and Fighting Back: British Economic Growth from the Industrial Revolution to the Financial Crisis

by Nicholas Crafts
Hardback
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Indications of geographic origin for foodstuffs and manufactures have become an important source of brand value since the beginnings of globalization during the late nineteenth century. In this work, David M. Higgins explores the early nineteenth-century business campaigns to secure national and international protection of geographic brands. He shows how ...
Brands, Geographical Origin, and the Global Economy: A History from the Nineteenth Century to the Present
Indications of geographic origin for foodstuffs and manufactures have become an important source of brand value since the beginnings of globalization during the late nineteenth century. In this work, David M. Higgins explores the early nineteenth-century business campaigns to secure national and international protection of geographic brands. He shows how these efforts culminated in the introduction of legal protocols which protect such brands, including, 'Champagne', 'Sheffield', 'Swiss made' watches and 'Made in the USA'. Higgins explores the major themes surrounding these indications, tying in the history of global marketing and the relevant laws on intellectual property. He also questions the effectiveness of European Union policy to promote 'regional' and 'local' foods and why such initiatives brought the EU in conflict with North America, especially the US He extends the study with a reflection on contemporary issues affecting globalization, intellectual property, less developed countries, and supply chains.
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126.000000 USD

Brands, Geographical Origin, and the Global Economy: A History from the Nineteenth Century to the Present

by David M Higgins
Hardback
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The 'German Question' dominated much of modern European history. In 1945, Germany was defeated and conquered. Yet, the Second World War did not destroy the foundations of her economic power. Dr Tamas Vonyo revisits Germany's remarkable post-war revival, tracing its roots not to liberal economic reforms and the Marshall Plan, ...
The Economic Consequences of the War: West Germany's Growth Miracle after 1945
The 'German Question' dominated much of modern European history. In 1945, Germany was defeated and conquered. Yet, the Second World War did not destroy the foundations of her economic power. Dr Tamas Vonyo revisits Germany's remarkable post-war revival, tracing its roots not to liberal economic reforms and the Marshall Plan, but to the legacies of the war that endowed Germany with an enhanced industrial base and an enlarged labour force. He also shows that Germany's liberal market economy was in reality an economy of regulated markets, controlled prices and extensive state intervention. Using quantitative analysis and drawing on a rich historiography that has remained, in large part, unknown outside of Germany, this book reassesses the role of economic policy and the importance of wartime legacies to explain the German growth miracle after 1945 and the sharply contrasting experiences of East and West Germany.
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103.950000 USD

The Economic Consequences of the War: West Germany's Growth Miracle after 1945

by Tamas Vonyo
Hardback
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Who gains and who loses from economic transformation in Eastern Europe is a key question, but one which is too rarely discussed. This book, first published in 1992, examines the evidence about distribution of income under Communism in Eastern Europe. Contrary to popular impressions, a great deal of information exists ...
Economic Transformation in Eastern Europe and the Distribution of Income
Who gains and who loses from economic transformation in Eastern Europe is a key question, but one which is too rarely discussed. This book, first published in 1992, examines the evidence about distribution of income under Communism in Eastern Europe. Contrary to popular impressions, a great deal of information exists about distribution of income and household earnings in Czechoslovakia, Hungary and Poland. With glasnost much material previously kept secret in the USSR has been made available. The book contains extensive statistical evidence that had not previously been assembled on a comparative basis, and brings the story right up to the end of Communism. The findings bring out the differences in experience between countries under Communism: between Central Europe and the former Union; between Czechoslovakia, Hungary and Poland; and between the newly independent states of the former Soviet Union.
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147.000000 USD

Economic Transformation in Eastern Europe and the Distribution of Income

by John Micklewright, Anthony Barnes Atkinson
Hardback
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This book is a theoretical and completely rigorous analysis of voting in committees that provides mathematical proof of the existence of democratic voting systems, which are immune to the manipulation of preferences of coalitions of voters. The author begins by determining the power distribution among voters that is induced by ...
Game Theoretic Analysis of Voting in Committees
This book is a theoretical and completely rigorous analysis of voting in committees that provides mathematical proof of the existence of democratic voting systems, which are immune to the manipulation of preferences of coalitions of voters. The author begins by determining the power distribution among voters that is induced by a voting rule, giving particular consideration to choice by plurality voting and Borda's rule. He then constructs, for all possible committees, well-behaved representative voting procedures which are not distorted by strategic voting, giving complete solutions for certain important classes of committees. The solution to the problem of mass elections is fully characterised.
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50.350000 USD

Game Theoretic Analysis of Voting in Committees

by Bezalel Peleg
Paperback / softback
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This book, published in 1986, addresses questions concerned with a central normative principle in contemporary assessments of economic policies and systems. What does 'consumer sovereignty' mean? Is consumer sovereignty an appropriate principle for the optimization and evaluation of the design and performance of economic policies, institutions and systems? If not, ...
Consumer Sovereignty and Human Interests
This book, published in 1986, addresses questions concerned with a central normative principle in contemporary assessments of economic policies and systems. What does 'consumer sovereignty' mean? Is consumer sovereignty an appropriate principle for the optimization and evaluation of the design and performance of economic policies, institutions and systems? If not, what is a more appropriate principle? The author argues that the conception of consumer sovereignty has to be broadened so that it is not limited to the market mechanism but includes environmental, work and social preferences. However, even this version runs into serious difficulties as the principle of consumer sovereignty still relies on too subjectivist a conception of the interests of individuals to be suitable for the evaluation of economic institutions. An alternative basis for such evaluation is 'human interests' that are not contingent on particular economic systems, After considering various possibilities, a basic-needs approach is proposed and its use in economic evaluation illustrated.
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36.700000 USD

Consumer Sovereignty and Human Interests

by G. Peter Penz
Paperback / softback
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This study introduces 'time-specific' analysis of economic processes. Economic processes are conventionally analysed from one point in time to another over a series of time units - days, weeks, or years. By contrast, these time-specific models focus on the temporal character of events within the unit time - their timing, ...
The Timing of Economic Activities: Firms, Households and Markets in Time-Specific Analysis
This study introduces 'time-specific' analysis of economic processes. Economic processes are conventionally analysed from one point in time to another over a series of time units - days, weeks, or years. By contrast, these time-specific models focus on the temporal character of events within the unit time - their timing, duration, and sequence - utilizing the information that is lost in the macroscopic time perspective of standard economic theory. What time-specific analysis reveals are economic and technological characteristics of goods and services - prices and cost behaviour and temporal mobility or immobility within the unit time - that affect capital productivity and its utilization, optimal schedules of production, work, and consumption, least-cost methods of producing time-shaped outputs, and efficient welfare-maximizing behavior in time-specific, including peak-load, markets.
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46.190000 USD

The Timing of Economic Activities: Firms, Households and Markets in Time-Specific Analysis

by Gordon C. Winston
Paperback / softback
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Published in two volumes or as a set this provides a definitive scholarly variorum edition of Malthus's Principles of Political Economy. It contains the full text of the first 1820 edition, including Malthus's own invaluable 70-page summary, and contains details of all the additions, omissions and emendations that occurred between ...
T. R. Malthus: Principles of Political Economy: Volume 2
Published in two volumes or as a set this provides a definitive scholarly variorum edition of Malthus's Principles of Political Economy. It contains the full text of the first 1820 edition, including Malthus's own invaluable 70-page summary, and contains details of all the additions, omissions and emendations that occurred between the first and the second, posthumous, edition of 1836. The first edition is extremely rare, and for over 150 years confusions and disagreements have inevitably occurred in the interpretation of Malthus's economics because of the absence of any systematic record of the differences between the two editions. The editor has written a lengthy and authoritative introduction giving an account, derived mainly from contemporary correspondence, of the events and circumstances surrounding the publication of the two editions. It shows the relationship between the Principles and Malthus's other writings and activities as a political economist. There is also an editorial commentary that aims to explain the significance and origin of the alterations.
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80.850000 USD

T. R. Malthus: Principles of Political Economy: Volume 2

by T R Malthus
Paperback / softback
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In Restructuring the Soviet Economic Bureaucracy, Paul R. Gregory takes an inside look at how the system worked and why it has traditionally been so resistant to change. Gregory's findings shed light on a bureaucracy that was widely considered the greatest threat to Gorbachev's efforts at perestroika, or restructuring. Restructuring ...
Restructuring the Soviet Economic Bureaucracy
In Restructuring the Soviet Economic Bureaucracy, Paul R. Gregory takes an inside look at how the system worked and why it has traditionally been so resistant to change. Gregory's findings shed light on a bureaucracy that was widely considered the greatest threat to Gorbachev's efforts at perestroika, or restructuring. Restructuring the Soviet Economic Bureaucracy is based on Soviet and Western published accounts as well as interviews with former members of the Soviet economic bureaucracy, mainly from the middle elite. These informants, with their expert knowledge of the system, tell how bureaucrats big and small made the routine and extraordinary decisions that determined Soviet resource allocation. The often-criticized irrationalities of the Soviet bureaucracy are revealed to contain their own internal logic and consistency.
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41.990000 USD

Restructuring the Soviet Economic Bureaucracy

by Paul R Gregory
Paperback / softback
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This book, first published in 1992, attempts to unify the economic analysis of the production process in order to understand the effects of technical change. It is both an analytical representation of the production process, taking into account the temporal, organizational, and qualitative dimensions of production, and a fact-finding model ...
Production Process and Technical Change
This book, first published in 1992, attempts to unify the economic analysis of the production process in order to understand the effects of technical change. It is both an analytical representation of the production process, taking into account the temporal, organizational, and qualitative dimensions of production, and a fact-finding model for studying the economic effects of technical change. The inclusion of temporal and organizational aspects allows the author to examine the analytical implications of research on the nature of firms and the characteristics of technical change, whilst the model is used to analyse technical changes that involve variations of scale or degrees of flexibility. This book deals with themes much discussed in research in industrial economics and management studies and is an important contribution to bringing these two areas of research closer together, providing a general framework for the study of production processes.
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115.500000 USD

Production Process and Technical Change

by Mario Morroni
Hardback
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Storage and Commodity Markets is primarily a work of economic theory, concerned with how the capability to store a surplus affects the prices and production of commodities. Its focus on the behaviour, over time, of aggregate stockpiles provides insights into such questions as how much a country should store out ...
Storage and Commodity Markets
Storage and Commodity Markets is primarily a work of economic theory, concerned with how the capability to store a surplus affects the prices and production of commodities. Its focus on the behaviour, over time, of aggregate stockpiles provides insights into such questions as how much a country should store out of its current supply of food considering the uncertainty in future harvests. Related topics covered include whether storage or international trade is a more effective buffer and whether stockpiles are more useful in raw or processed form. Several chapters are devoted to analysing such government programmes as price bands, buffer stocks, and strategic reserves. This material is in the domain of applied welfare analysis with public finance. Because the theory presented is sufficiently general, it should be of interest to macroeconomists studying aggregate inventories or savings and to those in operations research studying inventory and pricing policies of large firms.
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147.000000 USD

Storage and Commodity Markets

by Brian D. Wright, Jeffrey C. Williams
Hardback
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Testing economic propositions in laboratory experiments has proven a very fruitful research endeavor in recent years. This volume brings together the major contributors to experimental economics. The papers present their views on the way experiments should be done, on the power and limitations of the techniques, and on the areas ...
Laboratory Experimentation in Economics: Six Points of View
Testing economic propositions in laboratory experiments has proven a very fruitful research endeavor in recent years. This volume brings together the major contributors to experimental economics. The papers present their views on the way experiments should be done, on the power and limitations of the techniques, and on the areas in which experimentation could contribute substantially to our understanding of economic behavior. This book distills the main lessons from great experience in experimental work. It will be essential reading for all who wish to follow experimental work or who wish to do such work themselves.
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141.740000 USD

Laboratory Experimentation in Economics: Six Points of View

Hardback
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Markets, Information and Uncertainty is a collection of essays by leading theorists offering powerful insights on the role of uncertainty and information in today's market. This book features Kenneth Arrow on information and the organization of industry, Roy Radner on technologies, Graciela Chichilnisky and Frank Hahn on human-induced uncertainty, Geoffrey ...
Markets, Information and Uncertainty: Essays in Economic Theory in Honor of Kenneth J. Arrow
Markets, Information and Uncertainty is a collection of essays by leading theorists offering powerful insights on the role of uncertainty and information in today's market. This book features Kenneth Arrow on information and the organization of industry, Roy Radner on technologies, Graciela Chichilnisky and Frank Hahn on human-induced uncertainty, Geoffrey Heal and Walter Heller on the creation of markets and Edmund Phelps on unemployment. It is an authoritative collection offering imaginative and fresh approaches to economic theory.
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131.250000 USD

Markets, Information and Uncertainty: Essays in Economic Theory in Honor of Kenneth J. Arrow

Hardback
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