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Populism, on both the right and the left, has spread like wildfire throughout Europe and the United States and is making inroads in other parts of the world. In simplest terms, populism is a political ideology that vilifies elites, minorities and foreigners while lionizing the people. It reached its apogee ...
The Populist Temptation: Economic Grievance and Political Reaction in the Modern Era
Populism, on both the right and the left, has spread like wildfire throughout Europe and the United States and is making inroads in other parts of the world. In simplest terms, populism is a political ideology that vilifies elites, minorities and foreigners while lionizing the people. It reached its apogee in the U.S. with the election of Donald Trump but has been a force in Europe since the Great Recession and the refugee crisis. We now see the rise of leaders with populist tendencies everywhere from Brazil to Turkey. In The Populist Temptation, Barry Eichengreen places this global resurgence of populism in its historical context. Populists have always thrived, he observes, in times of poor economic performance. Populism feeds on rising inequality, which augments the ranks of those left behind and fans dissatisfaction with the economic status quo. It responds to rapid economic change that heightens insecurity. These economic developments, Eichengreen shows, give rise to populist reactions when they highlight the divergent interests of the people and the elite. Banking and financial crises are a case in point: the financiers who are the precipitating agents of such crises are card-carrying members of the elite, and are seen as profiting at the expense of the people. But populism is also a protest against the declining influence of the traditions, beliefs and community of once-dominant groups. It is a reaction against the challenge posed by immigrants and minorities to the people as a homogeneous, well-defined entity. Populists capitalizing on these feelings appeal to a glorious, mythologized past grounded in the collective traditions of that once-dominant majority. They invoke nationalism and criticize politicians who embrace diversity, open borders and equal rights. Populism has particular appeal, Eichengreen shows, when these identity politics and economic grievances come together. There is no magic solution to these concerns, but Eichengreen points to a starting place: strengthening welfare state policies that make for greater equality of opportunity and social cohesion. Comparing Europe with the United States, he shows that America's patchwork welfare state is less well equipped to deal with the fallout from globalization and technical change and the growing distance between social groups. This reality will be hard to change, since America's limited welfare state reflects the country's historically-rooted suspicion of big government. It is therefore in the United States, Eichengreen concludes, where the siren song of populism is most alluring-and dangerous.
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24.16 USD

The Populist Temptation: Economic Grievance and Political Reaction in the Modern Era

by Barry Eichengreen
Paperback / softback
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Blending economic analysis with political drama, EuroTragedy chosen by both Foreign Affairs and The Financial Times as one of the best books of 2018is a groundbreaking account of the euros history and tragic consequences. In this vivid and compelling chronicle, Ashoka Mody describes how the euro improbably emerged through a ...
EuroTragedy: A Drama in Nine Acts
Blending economic analysis with political drama, EuroTragedy chosen by both Foreign Affairs and The Financial Times as one of the best books of 2018is a groundbreaking account of the euros history and tragic consequences. In this vivid and compelling chronicle, Ashoka Mody describes how the euro improbably emerged through a narrow historical window as a flawed compromise wrapped in a false pro-European rhetoric of peace and unity. Drawing on his frontline experience as an official with the IMF, Mody situates the tragedy in a fast-paced global context and guides the reader through the forcedand unforcederrors Eurozone authorities committed during their long financial crisis. The decision to switch from national currencies to the euro unfolded as both economic and political tragedy. It weakened the growth potential of member states, which made financially vulnerable Europeans more anxious. It deepened perceptions of unfairness and widened the division between nations. Now, the burden falls on younger Europeans, a generation with a discouragingly bleak future. A compassionate view of European possibilities, EuroTragedy makes clear that the euros structural flaws will continue to haunt the continent. Instead of centralizing authority to prop up an ossified pro-Europeanist model, it is time to loosen ties that bind too tightly so that a liberal order can once more flourish. Now updated to cover the most momentous events since original publication, this will remain the authoritative book on the crisis.
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26.200000 USD

EuroTragedy: A Drama in Nine Acts

by Ashoka Mody
Paperback / softback
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Anxiety and alienation threaten modern democracies. Political anger runs rampant in the United States, Britain voted to leave the European Union, authoritarian governments control several European countries, and millions of desperate migrants are streaming north out of the Middle East, Africa, and Latin America. Many people blame stagnant household incomes ...
Possessive Individualism: A Crisis of Capitalism
Anxiety and alienation threaten modern democracies. Political anger runs rampant in the United States, Britain voted to leave the European Union, authoritarian governments control several European countries, and millions of desperate migrants are streaming north out of the Middle East, Africa, and Latin America. Many people blame stagnant household incomes and economic inequality. However, Possessive Individualism argues that the origins of world disorder are in the failure of the Enlightenment to anticipate the acquisitive individual as a creature of global capitalism. Daniel Bromley provides a fundamental critique of contemporary capitalism to explain why the world now finds itself in widespread disorder. Capitalism's basic flaw, he argues, is possessive individualism. Glorification of the rational individual motivated by acquisitiveness prevents the adoption of necessary government programs that would ease the economic burden on beleaguered households. Meanwhile, possessive individualism enables managerial capitalism-controlled by the one percent -to suppress wages and salaries, embrace automation, and move jobs overseas. Capitalism is no longer an engine of improved livelihoods and social hope. Drawing on evolutionary institutional economics and political theory this book offers two remedies to the crisis of modern capitalism. Escape from the crisis requires that the isolated acquisitive individual rediscovers a sense of loyalty to others-as neighbors, as colleagues, and as participants in the shared social process of living. Escape also requires that the private firm be reimagined as a public trust in which the economic well-being of employees becomes a central part of its purpose. In the absence of these dual transformations, capitalism as we know it cannot endure.
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55.78 USD

Possessive Individualism: A Crisis of Capitalism

by Daniel W. Bromley
Hardback
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The loans ordinary Americans take out to purchase homes and attend college often leave them in a sea of debt. As Devin Fergus explains in Land of the Fee, a not-insignificant portion of that debt comes in the form of predatory hidden fees attached to everyday transactions. Beginning in the ...
Land of the Fee: Hidden Costs and the Decline of the American Middle Class
The loans ordinary Americans take out to purchase homes and attend college often leave them in a sea of debt. As Devin Fergus explains in Land of the Fee, a not-insignificant portion of that debt comes in the form of predatory hidden fees attached to everyday transactions. Beginning in the 1980s, lobbyists for the financial industry helped dismantle consumer protections, resulting in surreptitious fees-often waived for those who can afford them but not for those who can't. Bluntly put, these hidden fees unfairly keep millions of Americans from their hard-earned money. Journalists and policymakers have identified the primary causes of increasing wealth inequality-fewer good working class jobs, a rise in finance-driven speculative capitalism, and a surge of tax policy decisions that benefit the ultra-rich, among others. However, they miss one commonplace but substantial contributor to the widening divide between the rich and the rest: the explosion of fees on every transaction people make in their daily lives. Land of the Fee traces the system of fees from its origins in the deregulatory wave of the late 1970s to the present. The average consumer now pays a dizzying array of charges for mortgage contracts, banking transactions, auto insurance rates, college payments, and payday loans. These fees are buried in the pages of small-print agreements that few consumers read or understand. Because these fees do not fall under usury laws, they have redistributed wealth to large corporations and their largest shareholders. By exposing this predatory and nearly invisible system of fees, Land of the Fee reshapes our understanding of wealth inequality in America.
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23.050000 USD

Land of the Fee: Hidden Costs and the Decline of the American Middle Class

by Devin Fergus
Paperback / softback
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Scholars attribute the collapse of the Soviet Union in part to the militarization of its economy. But during the Cold War, economic studies of the USSR largely neglected the military sector of the Soviet economy-its dominant and most successful part. This is all the more puzzling in that academic study ...
Reluctant Cold Warriors: Economists and National Security
Scholars attribute the collapse of the Soviet Union in part to the militarization of its economy. But during the Cold War, economic studies of the USSR largely neglected the military sector of the Soviet economy-its dominant and most successful part. This is all the more puzzling in that academic study of the Soviet economy in the US was specifically created to help fight the Cold War. If the rival superpower maintained the peacetime war economy, why did experts fail to tell us when it mattered? Vladimir Kontorovich shows how Western economists came up with strained non-military interpretations of several important aspects of the Soviet economy which the Soviets themselves acknowledged to have military significance. Such civilianization suggests that the neglect of the military sector was not forced on scholars of the Soviet economy by secrecy; it was their choice. The explanation of this choice in Reluctant Cold Warriors raises many questions about the internal workings of economic Sovietology and its intellectual and political background. Are peripheral academic fields mimicking the agenda of the discipline's mainstream more likely to produce faulty scholarship? Did the search for the essence of socialism distract researchers from the actual Soviet economy? Were economic Sovietologists under political pressure, and if so, in what direction? This book answers these questions in a way that has broad relevance for national security uses of social science today.
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77.700000 USD

Reluctant Cold Warriors: Economists and National Security

by Vladimir Kontorovich
Hardback
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Why has the Eurozone ended up with an unemployment rate more than twice that of the United States more than six years after the collapse of Lehman Brothers? Why did the vast majority of low- and middle-income countries suffer a prolonged economic slowdown in the last two decades of the ...
Failed: What the Experts Got Wrong About the Global Economy

Why has the Eurozone ended up with an unemployment rate more than twice that of the United States more than six years after the collapse of Lehman Brothers? Why did the vast majority of low- and middle-income countries suffer a prolonged economic slowdown in the last two decades of the 20th century? What was the role of the International Monetary Fund in these economic failures? Why was Latin America able to achieve substantial poverty reduction in the 21st century after more than two decades without any progress? Failed analyzes these questions, explaining why these important economic developments of recent years have been widely misunderstood and in some cases almost completely ignored. First, in the Eurozone, Mark Weisbrot argues that the European authorities' political agenda, which included shrinking the welfare state, reducing health care, pension, and other social spending, and reducing the bargaining power of labor played a very important role in prolonging the Eurozone's financial crisis and pushing it into years of recession and mass unemployment. This conclusion is based not only on public statements of European officials, but also on thousands of pages of documentation from consultations between the IMF and European governments after 2008. The second central theme of Failed is that there are always practical alternatives to prolonged economic failure. Drawing on the history of other financial crises, recessions, and recoveries, Weisbrot argues that regardless of initial conditions, there have been and remain economically feasible choices for governments of the Eurozone to greatly reduce unemployment-including the hardest hit, crisis-ridden country of Greece. The long-term economic failure of developing countries, its social consequences, as well as the subsequent recovery in the first decade of the 21st century, constitute the third part of the book's narrative, one that has previously gotten too little attention. We see why the International Monetary Fund has lost influence in middle income countries. Failed also examines the economic causes and consequences of Latin America's second independence and rebound in the twenty-first century, as well as the challenges that lie ahead.

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28.300000 USD

Failed: What the Experts Got Wrong About the Global Economy

by Mark Weisbrot
Hardback
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This book examines one of the most important economic outcomes in American history-the breakdown of the Keynesian Revolution. Drawing on economic literature, the memoirs of economists and politicians, and the popular press, Eric Crouse examines how economic decline in the 1970s precipitated a political revolution. Keynesian thought flourished through the ...
America's Failing Economy and the Rise of Ronald Reagan
This book examines one of the most important economic outcomes in American history-the breakdown of the Keynesian Revolution. Drawing on economic literature, the memoirs of economists and politicians, and the popular press, Eric Crouse examines how economic decline in the 1970s precipitated a political revolution. Keynesian thought flourished through the presidencies of Lyndon B. Johnson, Richard Nixon, and Gerald Ford, until stagflation devastated American workers and Jimmy Carter's economic policies faltered, setting the stage for the 1980 presidential campaign. Tracking years of shifting public opinion and colorful debate between free-market and Keynesian economists, this book illuminates a neglected era of American economic history and shows how Ronald Reagan harnessed a vision of small government and personal freedom that transformed the American political landscape.
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104.990000 USD

America's Failing Economy and the Rise of Ronald Reagan

by Eric R. Crouse
Paperback / softback
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This is the first collection of essays dedicated to the topics of money and economics in the English literature of the late Middle Ages. These essays explore ways that late medieval economic thought informs contemporary English texts and apply modern modes of economic analysis to medieval literature. In so doing, ...
Money, Commerce, and Economics in Late Medieval English Literature
This is the first collection of essays dedicated to the topics of money and economics in the English literature of the late Middle Ages. These essays explore ways that late medieval economic thought informs contemporary English texts and apply modern modes of economic analysis to medieval literature. In so doing, they read the importance and influence of historical records of practices as aids to contextualizing these texts. They also apply recent modes of economic history as a means to understand the questions the texts ask about economics, trade, and money. Collectively, these papers argue that both medieval and modern economic thought are key to valuable historical contextualization of medieval literary texts, but that this criticism can be advanced only if we also recognize the specificity of the economic and social conditions of late-medieval England.
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125.990000 USD

Money, Commerce, and Economics in Late Medieval English Literature

Paperback / softback
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This book explores the history of the Organization for Economic Co-operation and Development (OECD) and its place within capitalist development. Since 1948, the OECD and its forerunner, the Organization for European Economic Cooperation (OEEC) worked on almost every subject of interest to national governments ranging from economic growth to education ...
The OECD and the International Political Economy Since 1948
This book explores the history of the Organization for Economic Co-operation and Development (OECD) and its place within capitalist development. Since 1948, the OECD and its forerunner, the Organization for European Economic Cooperation (OEEC) worked on almost every subject of interest to national governments ranging from economic growth to education (PISA rankings), statistics, to the environment. With varying success the OEEC/OECD thus played a key role as a warden of the West and of capitalist development. However, it has remained one of the least understood international organizations. Bringing together a number of case studies by scholars from around the world, this first source-based volume on the history of the OEEC/OECD in global governance offers not only a new understanding of the Organization's key areas of activities, but also its multiple relations to member states, other international organizations, and private networks. The volume thus critically re-examines postwar international history, most importantly decolonization and the Cold War, through the prism of one international organization in its various contexts.
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104.990000 USD

The OECD and the International Political Economy Since 1948

Paperback / softback
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This book brings together analysis on the conditions of agricultural sectors in countries and regions of the world's peripheries, from a wide variety of international contributors. The contributors to this volume proffer an understanding of the processes of agricultural transformations and their interaction with the overall economies of Africa, Asia ...
Agricultural Development in the World Periphery: A Global Economic History Approach
This book brings together analysis on the conditions of agricultural sectors in countries and regions of the world's peripheries, from a wide variety of international contributors. The contributors to this volume proffer an understanding of the processes of agricultural transformations and their interaction with the overall economies of Africa, Asia and Latin America. Looking at the nineteenth and twentieth centuries - the onset of modern economic growth - the book studies the relationship between agriculture and other economic sectors, exploring the use of resources (land, labour, capital) and the influence of institutional and technological factors in the long-run performance of agricultural activities. Pinilla and Willebald challenge the notion that agriculture played a negligible role in promoting economic development in the nineteenth and twentieth centuries, when the impulse towards industrialization in the developing world was more impactful.
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146.990000 USD

Agricultural Development in the World Periphery: A Global Economic History Approach

Paperback / softback
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This book is a textual criticism of modern ideas about the work of Adam Smith that offers a new perspective on many of his famous contributions to economic thought. Adam Smith is often hailed as a leading figure in the development of economic theories, but modern presentations of his works ...
An Authentic Account of Adam Smith
This book is a textual criticism of modern ideas about the work of Adam Smith that offers a new perspective on many of his famous contributions to economic thought. Adam Smith is often hailed as a leading figure in the development of economic theories, but modern presentations of his works do not reflect Smith's actual ideas or influence during his lifetime. Gavin Kennedy believes that Smith's name and legacy were often appropriated or made into myths in the 19th and 20th centuries, with many misconceptions persisting today. Offering new analysis of works on rhetoric, moral sentiments, jurisprudence, the invisible hand, The Wealth of Nations, and Smith's very private views on religion, the book gives a new perspective on this important canonical thinker
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135.450000 USD

An Authentic Account of Adam Smith

by Gavin Kennedy
Paperback / softback
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This book deconstructs a series of myths surrounding China's economic rise. The first myth is that globalization led directly to China's rise; the second is that China is another East Asian developmental state; the third that China's market reform had been implemented in an incremental way; and fourth that China's ...
China's Rise in the Age of Globalization: Myth or Reality?
This book deconstructs a series of myths surrounding China's economic rise. The first myth is that globalization led directly to China's rise; the second is that China is another East Asian developmental state; the third that China's market reform had been implemented in an incremental way; and fourth that China's 'resilient authoritarianism' has been effective in ensuring the country's economic and political transformation. Yue argues that the China model is one of 'crony comprador capitalism' that has hindered the country's attempts at economic and political modernity. It is argued that the United States' strategy of integrating China into the international system is self-defeating in the long run; not because such an approach has created a 'restless empire' capable of challenging US primacy, but because the Chinese 'miracle' has subsequently backfired on the liberal order created after World War Two. Covering the entire reform period from the end of the Cultural Revolution in 1976 to the present day, the author calls for readers to rethink globalization and leave more policy space for China and the developing nations to pursue national development through internal integration, which is more conducive to democratic transition and global peace.
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146.990000 USD

China's Rise in the Age of Globalization: Myth or Reality?

by Jianyong Yue
Paperback / softback
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This book examines the macroeconomic and regulatory impact of domestic and international shocks on the South African economy resulting from the 2009 financial crisis. It also assesses the impact of the US economy's eventual recovery from the crisis and the prospect of higher US interest rates in future. Told in ...
Global Economic Uncertainties and Exchange Rate Shocks: Transmission Channels to the South African Economy
This book examines the macroeconomic and regulatory impact of domestic and international shocks on the South African economy resulting from the 2009 financial crisis. It also assesses the impact of the US economy's eventual recovery from the crisis and the prospect of higher US interest rates in future. Told in three parts, the book explores associations between economic growth, policy uncertainty and the key domestic and international transmission channels, and transmission effects, of global financial regulatory and domestic macro-economic uncertainties on subdued and volatile economic recovery, financial channels, lending rate margins, and credit growth. The book concludes by extending its focus to the role of US monetary policy, capital flows and rand/US dollar volatility on the South African economy.
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89.240000 USD

Global Economic Uncertainties and Exchange Rate Shocks: Transmission Channels to the South African Economy

by Mthuli Ncube, Nombulelo Gumata, Eliphas Ndou
Paperback / softback
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This book investigates the birth and evolution of craft breweries around the world. Microbrewery, brewpub, artisanal brewery, henceforth craft brewery, are terms referred to a new kind of production in the brewing industry contraposed to the mass production of beer, which has started and diffused in almost all industrialized countries ...
Economic Perspectives on Craft Beer: A Revolution in the Global Beer Industry
This book investigates the birth and evolution of craft breweries around the world. Microbrewery, brewpub, artisanal brewery, henceforth craft brewery, are terms referred to a new kind of production in the brewing industry contraposed to the mass production of beer, which has started and diffused in almost all industrialized countries in the last decades. This project provides an explanation of the entrepreneurial dynamics behind these new firms from an economic perspective. The product standardization of large producers, the emergence of a new more sophisticated demand and set of consumers, the effect of contagion, and technology aspects are analyzed as the main determinants behind this 'revolution'. The worldwide perspective makes the project distinctive, presenting cases from many relevant countries, including the USA, Australia, Japan, China, UK, Belgium, Italy and many other EU countries.
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209.990000 USD

Economic Perspectives on Craft Beer: A Revolution in the Global Beer Industry

Paperback / softback
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This book reveals the business history of the Australian Government Clothing Factory as it introduced innovative changes in the production and design of the Australian Army uniform during the twentieth century. While adopting a Schumpeterian interpretation of the concept of innovation, Anneke van Mosseveld traces the driving forces behind innovation ...
The Australian Army Uniform and the Government Clothing Factory: Innovation in the Twentieth Century
This book reveals the business history of the Australian Government Clothing Factory as it introduced innovative changes in the production and design of the Australian Army uniform during the twentieth century. While adopting a Schumpeterian interpretation of the concept of innovation, Anneke van Mosseveld traces the driving forces behind innovation and delivers a comprehensive explanation of the resulting changes in the combat uniform. Using an array of archival sources, this book displays details of extensive collaborations between the factory, the Army and scientists in the development of camouflage patterns and military textiles. It uncovers a system of intellectual property management to protect the designs of the uniform, and delivers new insights into the wider economic influences and industry linkages of the Government owned factory.
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114.450000 USD

The Australian Army Uniform and the Government Clothing Factory: Innovation in the Twentieth Century

by Anneke van Mosseveld
Paperback / softback
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In this important study, Janet Abu-Lughod presents a groundbreaking reinterpretation of global economic evolution and provides a new paradigm for understanding the evolution of world systems by tracing the rise of a system that, at its peak in the opening decades of the fourteenth century, involved a vast region stretching ...
Before European Hegemony: The World System AD 1250-1350
In this important study, Janet Abu-Lughod presents a groundbreaking reinterpretation of global economic evolution and provides a new paradigm for understanding the evolution of world systems by tracing the rise of a system that, at its peak in the opening decades of the fourteenth century, involved a vast region stretching between northwest Europe and China. Writing in a clear and lively style, Abu-Lughod explores the reasons for the eventual decay of this system and the rise of European hegemony. She concludes with a provocative analysis of our current world economy, suggesting that we may be moving towards a pluralistic world similar in important respects to that of the thirteenth century.
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36.700000 USD

Before European Hegemony: The World System AD 1250-1350

by Janet L. Abu Lughod
Paperback / softback
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How women increasingly became economic agents in early modern Europe is the focus of this stimulating book, which highlights how female agency was crucial for understanding the development of the Western European economy and sheds light on economic development today. Jan Luiten van Zanden, Tine De Moor and Sarah Carmichael ...
Capital Women: The European Marriage Pattern, Female Empowerment and Economic Development in Western Europe 1300-1800
How women increasingly became economic agents in early modern Europe is the focus of this stimulating book, which highlights how female agency was crucial for understanding the development of the Western European economy and sheds light on economic development today. Jan Luiten van Zanden, Tine De Moor and Sarah Carmichael argue that over centuries a European Marriage Pattern developed, characterized by high numbers of singles among men and women, high marriage ages among men and women, and neolocality, where the couple forms a new nuclear household and did not co-reside with the parents of either bride or groom. This was due to the influence of the Catholic Church's teachings of marriage based on consensus, the rise of labor markets, and institutions concerning property transfers between generations that enhanced wage labor by women. Over time an unprecedented demographic regime was created and embedded in a highly commercial environment in which households interacted frequently with labor, capital and commodity markets. This was one of the main causes of the gradual move away from a Malthusian state towards an economy able to generate long-term economic growth. The authors explore how the pattern was influenced by and influenced female human capital formation, access to the capital market, and participation in the labor market. They use numerous measures of economic activity, including the unique Girlpower-Index that measures the average age at first marriage of women minus the spousal age gap, with higher absolute age at marriage and lower spousal age gap both indicating greater female agency and autonomy. The book also examines how this measure can increase understanding of contemporary dynamics of women and the economy. The authors thus shed light on the degree to which women are allowed to play an influential role in and on the economy and society, which varies greatly from one society to another.
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77.700000 USD

Capital Women: The European Marriage Pattern, Female Empowerment and Economic Development in Western Europe 1300-1800

by Tine De Moor, Sarah Carmichael, Jan Luiten van Zanden
Hardback
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Conventional wisdom argues that welfare state builders in the US and Sweden in the 1930s took their cues from labor and labor movements. Capitalists Against Markets makes the startling argument that pragmatic social reformers looked for support not only from below but also from above, taking into account capitalist interests ...
Capitalists against Markets: The Making of Labor Markets and Welfare States in the United States and Sweden
Conventional wisdom argues that welfare state builders in the US and Sweden in the 1930s took their cues from labor and labor movements. Capitalists Against Markets makes the startling argument that pragmatic social reformers looked for support not only from below but also from above, taking into account capitalist interests and preferences. Juxtaposing two widely recognized extremes of welfare, the US and Sweden, Peter Swenson shows that employer interests played a role in welfare state development in both countries. This broad-ranging comparative analysis begins with theory about employer interests under varying economic and institutional conditions, especially in labor markets shaped to a considerable degree by employers themselves. It then moves on to in-depth historical evidence starting from very early in the 1900s. The historical narrative reveals striking variations within and across the behavior of their capitalist classes. It gives reason to believe that capitalists were among essential allies of the American welfare state in the 1930s and beyond, not just forces for containing its expansion. It also shows tjhat Social Democrats in Sweden were kicking in capitalists' open doors as they installed and expanded the various pieces of their world-renowned welfare state through the 1960s. A concluding chapter surveys labor market and social policy changes in both countries since the 1970s in light of the theory and historical analysis of cross-class alliance politics. Provocative in its challenge to conventional thinking and theory, Capitalists Against Markets illuminates the political conditions for greater economic and social security in capitalist societies.
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53.550000 USD

Capitalists against Markets: The Making of Labor Markets and Welfare States in the United States and Sweden

by Peter A. Swenson
Paperback / softback
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The quality of life experienced by people in the past is one of the most important areas of historical enquiry, and the standard of living of populations is one of the leading measures of the economic performance of nations. Yet how accurate is the information on which these judgments are ...
Seven Centuries of Unreal Wages: The Unreliable Data, Sources and Methods that have been used for Measuring Standards of Living in the Past
The quality of life experienced by people in the past is one of the most important areas of historical enquiry, and the standard of living of populations is one of the leading measures of the economic performance of nations. Yet how accurate is the information on which these judgments are based? This collection of essays, written by renowned scholars in the fields of labour, wage and welfare history, cogently undermine the validity of the data that have for decades dominated the measurement of these phenomena in Britain, Europe and Asia, and provided the statistical backbone for countless descriptions and analyses of economic development, welfare and many other prime subjects in economic and social history. The contributors to this volume rigorously expose misapprehensions of long-run macroeconomic estimates of the real wage and provide a host of improved methods and data for revising and rejecting them. This volume is essential reading for anyone interested in economic and social history, economics and the application of statistical methods to historical evidence.
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204.55 USD

Seven Centuries of Unreal Wages: The Unreliable Data, Sources and Methods that have been used for Measuring Standards of Living in the Past

Hardback
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This contributed volume applies cliometric methods to the study of family and households in order to derive global patterns and determine their impact on economic development. Family and households are a fundamental feature of societies and economies. They are found throughout history and are the place where key decisions on ...
Cliometrics of the Family
This contributed volume applies cliometric methods to the study of family and households in order to derive global patterns and determine their impact on economic development. Family and households are a fundamental feature of societies and economies. They are found throughout history and are the place where key decisions on fertility, labour force participation, education, consumption are made. This is especially relevant for the position of women. The book gathers key insights from a variety of fields - economics, history, demography, anthropology, biology - to shed light on the relation between family organisation and the long-term process of economic development.
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157.490000 USD

Cliometrics of the Family

Hardback
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This book- which features a foreword by Jean-Claude Juncker and Preface by Professor Harold James- examines the European vocation and achievements of Pierre Werner (1913-2002), former Prime Minister, Finance Minister and Foreign Minister of Luxembourg, unanimously recognized as one of the architects of Economic and Monetary Union. The author makes ...
Pierre Werner and Europe: The Family Archives Behind the Werner Report
This book- which features a foreword by Jean-Claude Juncker and Preface by Professor Harold James- examines the European vocation and achievements of Pierre Werner (1913-2002), former Prime Minister, Finance Minister and Foreign Minister of Luxembourg, unanimously recognized as one of the architects of Economic and Monetary Union. The author makes extensive use of Pierre Werner's previously unpublished archives belonging to the Werner family, opened for the first time for research purposes. The book analyses the Werner Report, negotiations within the Werner Committee, the emergence of the Committee's views on EMU, their political commitment to a European currency, the similarities and differences between their ideas, their personal networks, the influence of the states they represented, their theoretical and methodological input and their contribution to the political consensus. Chapters shed new light on various aspects of the European integration process and also on the role of Luxembourg and its European policy. In addition, the author has carried out a series of original interviews with Luxembourg and European figures who share their memories and thoughts concerning Pierre Werner, his achievements and his views on the European integration process, and also other topics such as Economic and Monetary Union and Luxembourg`s European policy. This book will be of interest and value to researchers, EU policy makers and students in the fields of political economy, political science, economic history and history of economic thought.
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167.990000 USD

Pierre Werner and Europe: The Family Archives Behind the Werner Report

by Elena Danescu
Hardback
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Absent evidence to the contrary, it is usually assumed that US financial markets developed in spite of government attempts to regulate, and therefore laissez faire is the best approach for developing critically important and enduring market institutions. This book makes heavy use of extensive archival sources that are no longer ...
The Government of Markets: How Interwar Collaborations between the CBOT and the State Created Modern Futures Trading
Absent evidence to the contrary, it is usually assumed that US financial markets developed in spite of government attempts to regulate, and therefore laissez faire is the best approach for developing critically important and enduring market institutions. This book makes heavy use of extensive archival sources that are no longer publicly available to describe in detail the discussions inside the CBOT and the often private and confidential negotiations between industry leaders and government officials. This work suggests that, contrary to the accepted story, what we now know of as modern futures markets were heavily co-constructed through a meaningful long-term collaboration between a progressive CBOT leadership and an extremely knowledgeable and pragmatic US federal government. The industry leaders had a difficult time evolving the modern institutions in the face of powerful reactionary internal forces. Yet in the end the CBOT, by co-opting and cooperating with federal officials, led the exchange and Chicago markets in general to a near century of global dominance. On the federal government side, knowledgeable technocrats and inspired politicians led an information and analysis explosion while interacting with industry, both formally and informally, to craft better markets for all.
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146.990000 USD

The Government of Markets: How Interwar Collaborations between the CBOT and the State Created Modern Futures Trading

by Rasheed Saleuddin
Hardback
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This book traces regional income inequality in Spain during the transition from a pre-industrial society to a modern economy, using the Spanish case to shed further light on the challenges that emerging economies are facing today. Regional inequality is currently one of the most pressing problems in the European Union, ...
Regional Inequality in Spain: 1860-2015
This book traces regional income inequality in Spain during the transition from a pre-industrial society to a modern economy, using the Spanish case to shed further light on the challenges that emerging economies are facing today. Regional inequality is currently one of the most pressing problems in the European Union, and this text presents a novel dataset covering 150 years to analyse long-run trends in regional per capita GDP. Spatial clustering and a new economic geography approach also contribute to the historical analysis provided, which points to the role played by spatial externalities and their growing relevance over time. To identify the presence of spatial dependence is crucial, not only for getting a better understanding of distribution dynamics, but also for economic policy purposes. What are the potential causes behind the disparities in regional per capita income and productivity? The authors answer this by comparing results with evidence available for other countries, chiefly France, Italy and Portugal, but is of global relevance.
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146.990000 USD

Regional Inequality in Spain: 1860-2015

by Daniel A. Tirado-Fabregat, Julio Martinez-Galarraga, Alfonso Diez Minguela
Hardback
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Conventional wisdom says that the International Monetary Fund (IMF) functions as the de facto international lender of last resort (ILLR) for the global financial system. However, that premise is incomplete. Brother, Can You Spare a Billion? explores how the U.S. has for decades regularly complemented the Fund's ILLR role by ...
Brother, Can You Spare a Billion?: The United States, the IMF, and the International Lender of Last Resort
Conventional wisdom says that the International Monetary Fund (IMF) functions as the de facto international lender of last resort (ILLR) for the global financial system. However, that premise is incomplete. Brother, Can You Spare a Billion? explores how the U.S. has for decades regularly complemented the Fund's ILLR role by selectively providing billions of dollars in emergency loans to foreign economies in crisis. Why would the U.S. ever put national financial resources at risk to bail out foreign countries? McDowell argues that the U.S. has been compelled to provide such rescues unilaterally when it believes the IMF's multilateral response is too slow or too small to protect vital U.S. economic interests. Through a combination of historical case studies and statistical analysis, McDowell uncovers the defensive motives behind U.S. decisions to provide global liquidity from the 1960s through the 2008 global financial crisis. Moving beyond conventional wisdom, this book paints a complete picture of how international financial crises have been managed and highlights the unique role the U.S. has played in stabilizing the world economy in troubled times.
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31.450000 USD

Brother, Can You Spare a Billion?: The United States, the IMF, and the International Lender of Last Resort

by Daniel McDowell
Paperback / softback
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From Crisis to Crisis examines the impact of the harsh conditions of the interwar economy on the British merchant banks. The financial crises of 1914 and 1931 are assessed using primary sources. The competitive threats, including the rise of New York as a rival financial centre, are considered. It challenges ...
From Crisis to Crisis: The Transformation of Merchant Banking, 1914-1939
From Crisis to Crisis examines the impact of the harsh conditions of the interwar economy on the British merchant banks. The financial crises of 1914 and 1931 are assessed using primary sources. The competitive threats, including the rise of New York as a rival financial centre, are considered. It challenges alleged special treatment and provides fresh perspectives on the interwar rationalisation of industry. During the late nineteenth century, Britain's merchant banks had become pre-eminent in a world of fixed exchange rates, free trade and the unfettered mobility of international capital. This world was increasingly challenged in the interwar period, being replaced by floating exchange rates, trade protectionism and restrictions on capital movements. This book fills a gap in the historiography of British banking by recovering the histories of long-forgotten merchant banks rather than focusing on the better-known firms. Using a wide range of archival resources, it traces the strategic transformation by some merchant banks from higher-risk, capital intensive activities to lower-risk, advisory services.
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146.990000 USD

From Crisis to Crisis: The Transformation of Merchant Banking, 1914-1939

by Brian O'Sullivan
Hardback
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Without economic history, economics runs the risk of being too abstract or parochial, of failing to notice precedents, trends and cycles, of overlooking the long-run and thus misunderstanding 'how we got here'. Recent financial and economic crises illustrate spectacularly how the economics profession has not learnt from its past. This ...
An Economist's Guide to Economic History
Without economic history, economics runs the risk of being too abstract or parochial, of failing to notice precedents, trends and cycles, of overlooking the long-run and thus misunderstanding 'how we got here'. Recent financial and economic crises illustrate spectacularly how the economics profession has not learnt from its past. This important and unique book addresses this problem by demonstrating the power of historical thinking in economic research. Concise chapters guide economics lecturers and their students through the field of economic history, demonstrating the use of historical thinking in economic research, and advising them on how they can actively engage with economic history in their teaching and learning. Blum and Colvin bring together important voices in the field to show readers how they can use their existing economics training to explore different facets of economic history. Each chapter introduces a question or topic, historical context or research method and explores how they can be used in economics scholarship and pedagogy. In a century characterised to date by economic uncertainty, bubbles and crashes, An Economist's Guide to Economic History is essential reading. For further information visit http://www.blumandcolvin.org
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47.240000 USD

An Economist's Guide to Economic History

Paperback / softback
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Drawing on largely unexplored nineteenth- and twentieth-century sources, this book offers an in-depth study of Britain's presence in Argentina. Its subjects include the nineteenth-century rise of British trade, merchants and explorers, of investment and railways, and of British imperialism. Spanning the period from the Napoleonic Wars until the end of ...
The British in Argentina: Commerce, Settlers and Power, 1800-2000
Drawing on largely unexplored nineteenth- and twentieth-century sources, this book offers an in-depth study of Britain's presence in Argentina. Its subjects include the nineteenth-century rise of British trade, merchants and explorers, of investment and railways, and of British imperialism. Spanning the period from the Napoleonic Wars until the end of the twentieth century, it provides a comprehensive history of the unique British community in Argentina. Later sections examine the decline of British influence in Argentina from World War I into the early 1950s. Finally, the book traces links between British multinationals and the political breakdown in Argentina of the 1970s and early 1980s, leading into dictatorship and the Falklands War. Combining economic, social and political history, this extensive volume offers new insights into both the historical development of Argentina and of British interests overseas.
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46.47 USD

The British in Argentina: Commerce, Settlers and Power, 1800-2000

by David Rock
Paperback / softback
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Corn Crusade: Khrushchev's Farming Revolution in the Post-Stalin Soviet Union is the first history of Nikita Khrushchev's venture to cover the Soviet Union in corn, a crop common globally but hitherto rare in his country. Lasting from 1953 until 1964, this crusade was an emblematic component of his efforts to ...
Corn Crusade: Khrushchev's Farming Revolution in the Post-Stalin Soviet Union
Corn Crusade: Khrushchev's Farming Revolution in the Post-Stalin Soviet Union is the first history of Nikita Khrushchev's venture to cover the Soviet Union in corn, a crop common globally but hitherto rare in his country. Lasting from 1953 until 1964, this crusade was an emblematic component of his efforts to resolve agrarian crises inherited from Joseph Stalin. Using policies and propaganda to pressure farms to expand corn plantings tenfold, Khrushchev expected the resulting bounty to feed not people, but the livestock necessary to produce the meat and dairy products required to make good on his frequent pledges that the Soviet Union was soon to catch up to and surpass America. This promised to enrich citizens' hitherto monotonous diets and score a victory in the Cold War, which was partly recast as a peaceful competition between communism and capitalism. Khrushchev's former comrades derided corn as one of his harebrained schemes when ousting him in October 1964. Echoing them, scholars have ridiculed it as an irrational obsession, blaming the failure on climatic conditions. Corn Crusade brings a more complex and revealing history to light. Borrowing technologies from the United States, Khrushchev expected farms in the Soviet Union to increase productivity because he believed that innovations developed under capitalism promised greater returns under socialism. These technologies generated results in many economic, social, and climatic contexts after World War II but fell short in the Soviet Union. Attempting to make agriculture more productive and ameliorate exploitative labor practices established in the 1930s, Khrushchev achieved only partial reform of rural economic life. Enjoying authority over formal policy, Khrushchev stood atop an undisciplined hierarchy of bureaucracies, local authorities, and farmworkers. Weighing competing incentives, they flouted his authority by doing enough to avoid penalties, but too little to produce even modest harvests of corn, let alone the bumper crops the leader envisioned.
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89.25 USD

Corn Crusade: Khrushchev's Farming Revolution in the Post-Stalin Soviet Union

by Aaron T. Hale-Dorrell
Hardback
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When the Act of Union was passed in 1707, Scottish parliament was dissolved and the nation's capital became London. While the general public balked at the perceived unfairness of the treaty, the majority of Scottish ministers seemed satisfied with its terms. This book offers an explanation of how that outcome ...
Shifting Capital: Mercantilism and the Economics of the Act of Union of 1707
When the Act of Union was passed in 1707, Scottish parliament was dissolved and the nation's capital became London. While the general public balked at the perceived unfairness of the treaty, the majority of Scottish ministers seemed satisfied with its terms. This book offers an explanation of how that outcome came about. By examining the influence of a particular strain of mercantilist thought, Ramos demonstrates how the negotiations preceding the passage of the Act of Union were shaped by ideas of value, wealth, trade and power, and, accordingly, how the model of positive balance was used to justify the necessity of the Act. Utilizing contemporary evidence from the English and Scottish ministers involved, this book explores alternative arguments regarding the Union, from before 1707 and in early Scottish political economy, thus highlighting the differing economic and political views that have persisted between England and Scotland for centuries. With twenty-first century discontent leading to the Scottish independence referendum and arguments that persist in the wake of the Brexit decision, Ramos produces timely research that investigates ideas of protectionism that feed into mercantilist economic thought.
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73.490000 USD

Shifting Capital: Mercantilism and the Economics of the Act of Union of 1707

by Aida Ramos
Hardback
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This book surveys Poland's move from being a post-feudal, backward, peripheral country to being a modern, capitalist, European state: from the partition of the commonwealth of Poland and Lithuania to the abolishment of `second serfdom'; late industrialization to state socialism; post-partition fragmentation to post-Second World War westward dislocation; and from ...
Poland From Partitions to EU Accession: A Modern Economic History, 1772-2004
This book surveys Poland's move from being a post-feudal, backward, peripheral country to being a modern, capitalist, European state: from the partition of the commonwealth of Poland and Lithuania to the abolishment of `second serfdom'; late industrialization to state socialism; post-partition fragmentation to post-Second World War westward dislocation; and from the `Solidarnosc' movement to accession into the European Union. Could Poland really be considered an `underdeveloped' nation throughout the last 200 years? What factors contributed to its `backwardness'? Has Poland yet managed to catch up with the West? This book, the first overview of the modern economic history of Poland to be published in English, addresses these and many other questions crucial for developing our understanding of the economic history of modern Central-Eastern Europe. The economic development of Poland is analyzed through data and statistics, as well as through analysis of the ideas that paved the way for the politics of economic and social modernization.
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146.990000 USD

Poland From Partitions to EU Accession: A Modern Economic History, 1772-2004

by Piotr Korys
Hardback
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