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This book explores peripheral visions on economic development, both in the sense that it deals with specific issues of economic development and underdevelopment in countries at the periphery of the world economy, and in terms of its exploration of the economic thinking developed in those regions, particularly in Latin America. ...
Peripheral Visions of Economic Development: New frontiers in development economics and the history of economic thought
This book explores peripheral visions on economic development, both in the sense that it deals with specific issues of economic development and underdevelopment in countries at the periphery of the world economy, and in terms of its exploration of the economic thinking developed in those regions, particularly in Latin America. Bringing together an international group of historians of thought, economic historians and development economists from Latin America, Europe and other parts of the world, this volume is highly credited and is an excellent contribution to development economic studies. This book is divided into four parts. Following the introduction, the first set of papers describes the evolution of core-periphery perspectives in key contributions by Raul Prebisch, Oskar Lange, Albert Hirschman, Celso Furtado and Homero Cuevas. The second set discusses the links between unbalanced productive structures and external trade in peripheral countries. The third set contains papers on critical episodes in the development of monetary and financial systems in Latin America during the 19th and 20th centuries. The fourth set deals with geographical and institutional aspects of path dependence in the governance of external trade and in the development of liberties, property rights and economic education in Europe, Latin America and Africa. Several chapters make use of hitherto unexplored archival material. Other chapters draw attention to important episodes or literatures that have largely gone unnoticed in the English-speaking world. Yet others combine conceptual innovations with work on new historical data and other sources hitherto not utilized in such contexts. This book is ideal for those who study and research development economics, history of economic thought and economic history, especially in Latin America.
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55.600000 USD
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Although microcredit programmes have long been considered efficient development tools, many forms of debt-induced distress have emerged in their wake. This has brought to light the problem of over-indebtedness, a topic which has been previously underexplored in the literature. This new book, from a group of leading scholars, explores the ...
Microfinance, Debt and Over-Indebtedness: Juggling with Money
Although microcredit programmes have long been considered efficient development tools, many forms of debt-induced distress have emerged in their wake. This has brought to light the problem of over-indebtedness, a topic which has been previously underexplored in the literature. This new book, from a group of leading scholars, explores the manifestations, scale, and economic and social implications of household over-indebtedness in areas conventionally considered as financially excluded. The book approaches debt not only as a financial transaction, but also as a form of social bond, and offers a socioeconomic analysis of over-indebtedness. The volume puts forward a broad definition of over-indebtedness, highlighting its situational and semantic complexity and diversity. It provides a close analysis of local conceptions of debt and over-indebtedness, highlighting frameworks of calculation and the constant renegotiation of their boundaries. On top of this, it looks far beyond microcredit to examine all the financial practices that individuals juggle. The volume argues that over-indebtedness has more to do with social inequalities than financial illiteracy, and should therefore be understood in the light of global trends of financialization. It also reveals the ambiguity of financial inclusion policies, and in many respects questions the actions of new credit providers. This book will be valuable reading for students, researchers and policy makers interested in microfinance and development issues.
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52.450000 USD
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Taking a new approach to the study of cross-cultural trade, this book blends archival research with historical narrative and economic analysis to understand how the Sephardic Jews of Livorno, Tuscany, traded in regions near and far in the seventeenth and eighteenth centuries. Francesca Trivellato tests assumptions about ethnic and religious ...
The Familiarity of Strangers: The Sephardic Diaspora, Livorno, and Cross-Cultural Trade in the Early Modern Period
Taking a new approach to the study of cross-cultural trade, this book blends archival research with historical narrative and economic analysis to understand how the Sephardic Jews of Livorno, Tuscany, traded in regions near and far in the seventeenth and eighteenth centuries. Francesca Trivellato tests assumptions about ethnic and religious trading diasporas and networks of exchange and trust. Her extensive research in international archives-including a vast cache of merchants' letters written between 1704 and 1746-reveals a more nuanced view of the business relations between Jews and non-Jews across the Mediterranean, Atlantic Europe, and the Indian Ocean than ever before. The book argues that cross-cultural trade was predicated on and generated familiarity among strangers, but could coexist easily with religious prejudice. It analyzes instances in which business cooperation among coreligionists and between strangers relied on language, customary norms, and social networks more than the progressive rise of state and legal institutions.
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47.250000 USD
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Adam Smith (1723-90) is a thinker with a distinctive perspective on human behaviour and social institutions. He is best known as the author of the An Inquiry into the Nature and Causes of the Wealth of Nations (1776). Yet his work is name-checked more often than it is read and ...
The Oxford Handbook of Adam Smith
Adam Smith (1723-90) is a thinker with a distinctive perspective on human behaviour and social institutions. He is best known as the author of the An Inquiry into the Nature and Causes of the Wealth of Nations (1776). Yet his work is name-checked more often than it is read and then typically it is of an uninformed nature; that he is an apologist for capitalism, a forceful promoter of self-interest, a defender of greed and a critic of any 'interference' in market transactions. To offset this caricature, this Handbook provides an informed portrait. Drawing on the expertise of leading Smith scholars from around the world, it reflects the depth and breadth of Smith's intellectual interests. After an introductory outline chapter on Smith's life and times, the volume comprises 28 new essays divided into seven parts. Five sections are devoted to particular themes in Smith's corpus - his views on Language, Art and Culture; his Moral Philosophy; his Economic thought, his discussions of History and Politics and his analyses of Social Relations. These five parts are framed by one that focuses on the immediate and proximate sources of his thought and the final one that recognizes Smith's status as a thinker of world-historical significance - indicating both his posthumous impact and influence and his contemporary resonance. While each chapter is a discrete contribution to scholarship, the Handbook comprises a composite whole to enable the full range of Smith's work to be appreciated.
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52.500000 USD

The Oxford Handbook of Adam Smith

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The contemporary economic crisis is one of the biggest in the global economy and has been forcefully applied to the real economy, revolting in a deep recession. Globalisation has in turn contributed to the faster transmission of the problem from country to country. This crisis disproportionally affects countries with small ...
Contemporary Approaches of the Scientific Theory of Place Marketing: Place Branding in Globalized Conditions & Economic Crisis
The contemporary economic crisis is one of the biggest in the global economy and has been forcefully applied to the real economy, revolting in a deep recession. Globalisation has in turn contributed to the faster transmission of the problem from country to country. This crisis disproportionally affects countries with small and medium development but also the medium and low social layers and small and medium entrepreneurship within countries. The stability of employment has fallen apart. The consequences of the economic crisis has brought out systemic problems and distortions in different sectors of productive activity; local communities and prefectures are examples of places in which, experience these consequences. The power of brands of significant value, and businesses at the global level, have also collapsed. The economic crisis also creates huge problems for the tourism sector which mainly consists of small and medium enterprises in southern European countries. This resulted in the tourist agents becoming unable to accommodate their customers' needs. This monograph consists of a useful tool for other and future researchers but also for the local communities of various regions in order to be able to design a real exit from the crisis.
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57.220000 USD
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In this volume, leading modern economic historians show how analysis of past experiences contributes to a better understanding of present-day economic conditions; they offer important insights into major challenges that will occupy the attention of policy makers in the coming decades. The seventeen essays are organised around three major themes, ...
The Economic Future in Historical Perspective
In this volume, leading modern economic historians show how analysis of past experiences contributes to a better understanding of present-day economic conditions; they offer important insights into major challenges that will occupy the attention of policy makers in the coming decades. The seventeen essays are organised around three major themes, the first of which is the changing constellation of forces sustaining long-run economic growth in market economies. The second major theme concerns the contemporary challenges posed by transitions in economic and political regimes, and by ideologies that represent legacies from past economic conditions that still affect policy responses to new 'crises'. The third theme is modern economic growth's diverse implications for human economic welfare - in terms of economic security, nutritional and health status, and old age support - and the institutional mechanisms communities have developed to cope with the risks that individuals are exposed to by the concomitants of rising prosperity.
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39.89 USD
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At its peak in the years before the Great War the Scottish shale oil industry gave employment to some 10,000 people and was a major factor in the economy of the Lothians, particularly in the Almond valley, from Tarbrax to Dalmeny. The history of its development has largely been neglected, ...
Scotland's First Oil Boom: The Scottish Shale Oil Industry, 1851-1914
At its peak in the years before the Great War the Scottish shale oil industry gave employment to some 10,000 people and was a major factor in the economy of the Lothians, particularly in the Almond valley, from Tarbrax to Dalmeny. The history of its development has largely been neglected, yet Scotland was one of the few countries in which the shale oil industry ever became a successful commercial venture. This book tells the history of the development of this unique industry for the first time. The discovery of petroleum and the shale industry took place at a time of great change in British society: wages were rising and prices were falling. Hours of work were controlled in many industries, giving more time for leisure activities such as reading, which required adequate, inexpensive artificial light. The shale-oil industry successfully identified an opportunity and applied new techniques to meet this demand. From 1860 to 1863, 23 works were set up to exploit the oil shales, and from 1864 there was a 'Scottish Oil Mania', as the industry produced a range of petrochemicals, including lubricating oil, burning oil and paraffin. The industry survived from the 1850s to 1919, in competition with natural petroleum, firstly from the United States and then from Russia and the Far East. Ultimately the innovation of the shale oil industry provided a valuable recruiting ground for Scotland's expertise in oil.
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43.000000 USD
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Why did the Industrial Revolution happen in Western Europe? Was it a sudden acceleration of the European economy, or should we look at specific institutions arising in Western Europe since the Middle Ages? This book puts these big questions of European economic history in a global perspective, deals with the ...
The Long Road to the Industrial Revolution: The European Economy in a Global Perspective, 1000-1800
Why did the Industrial Revolution happen in Western Europe? Was it a sudden acceleration of the European economy, or should we look at specific institutions arising in Western Europe since the Middle Ages? This book puts these big questions of European economic history in a global perspective, deals with the institutions that developed in Europe, and measures their relative efficiency over time and compared with other parts of Eurasia. It traces the growth of human capital in the centuries between 1000 and 1800, in comparison with China, Japan and India. It also demonstrates how important the European Marriage Pattern was for understanding Europe's past. The result is a new synthesis of the origins of the Industrial Revolution. Originally published in hardcover.
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58.800000 USD
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This contributed volume explores the political economy and socioeconomic aspects of the Greek Financial Crisis both within the country's borders and as part of the global economy. With chapters authored by international experts, this book examines and explicitly deals with specific and important issues that have been ignored by the ...
The Internal Impact and External Influence of the Greek Financial Crisis
This contributed volume explores the political economy and socioeconomic aspects of the Greek Financial Crisis both within the country's borders and as part of the global economy. With chapters authored by international experts, this book examines and explicitly deals with specific and important issues that have been ignored by the dominant socioeconomic theory and practice, which have largely focused on the causes and broad economic consequences of the crisis. Discussions include the efficacy of new EU institutions created to address the crisis, the rise of unregistered economic activity, and comparisons with financial crises in countries beyond Europe. This diverse collection argues that the Greek Financial Crisis was not just an economic crisis, but a political and social crisis as well, one with repercussions beyond Europe.
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146.990000 USD
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This book offers a comprehensive guide to the on-going Greek debt crisis. It identifies and explains Greece's idiosyncratic weaknesses, and highlights the existing rigidities in the EU architecture that make the recovery prospects of the Greek economy challenging. Chapters from expert contributors highlight aspects of the performance of the Greek ...
Political Economy Perspectives on the Greek Crisis: Debt, Austerity and Unemployment
This book offers a comprehensive guide to the on-going Greek debt crisis. It identifies and explains Greece's idiosyncratic weaknesses, and highlights the existing rigidities in the EU architecture that make the recovery prospects of the Greek economy challenging. Chapters from expert contributors highlight aspects of the performance of the Greek economy with focus on export performance, labour market conditions, political cycles and regional income disparities. The book then goes on to outline the banking system in Greece in the post-crisis era, and includes analysis that explains how the credit rating score affected Greece's borrowing capacity prior to the start of the insolvency crisis. The final part analyses and compares alternative scenarios of fiscal consolidation, seeking to identify whether there are alternatives to fiscal austerity and the impact of each one of them. This section also clarifies various misconceptions about the significant determinants of international competitiveness. Despite the focus of the book, the lessons drawn from the chapters are not limited to Greece. This volume will be of interest to academics, practitioners and policy makers who wish to take a closer look at the Greek debt crisis and learn more about the challenges the Greek economy is currently facing.
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178.490000 USD
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This book offers a socio-historical analysis of migration and the possibilities of regional integration in Southern Africa. It examines both the historical roots of and contemporary challenges regarding the social, economic, and geo-political causes of migration and its consequences (i.e. xenophobia) to illustrate how 'diaspora' migrations have shaped a sense ...
Crisis, Identity and Migration in Post-Colonial Southern Africa
This book offers a socio-historical analysis of migration and the possibilities of regional integration in Southern Africa. It examines both the historical roots of and contemporary challenges regarding the social, economic, and geo-political causes of migration and its consequences (i.e. xenophobia) to illustrate how 'diaspora' migrations have shaped a sense of identity, citizenry, and belonging in the region. By discussing immigration policies and processes and highlighting how the struggle for belonging is mediated by new pressures concerning economic security, social inequality, and globalist challenges, the book develops policy responses to the challenge of social and economic exclusion, as well as xenophobic violence, in Southern Africa. This timely and highly informative book will appeal to all scholars, activists, and policy-makers looking to revisit migration policies and realign them with current globalization and regional integration trends.
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157.490000 USD
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Hailed a an outstanding contribution to our knowledge of the way in which western economies work [Times Literary Supplement], this penetrating study of economic growth compares and analyzes tic rates of economic advance in the twelve leading countries that comprise the industrial West. Mr. Maddison examines why, after relative stagnation ...
Economic Growth in the West: Comparative Experience in Europe and North America
Hailed a an outstanding contribution to our knowledge of the way in which western economies work [Times Literary Supplement], this penetrating study of economic growth compares and analyzes tic rates of economic advance in the twelve leading countries that comprise the industrial West. Mr. Maddison examines why, after relative stagnation for several decades, the rate of economic development accelerated in continental Europe in the 1950's, whether this represented a new economic pattern which could be maintained or was only a passing phase of recovery after World War II. He observes that the economies of North America and the United Kingdom seemed by comparison almost to stand still, and he explores the influence of economic policy on the differing growth rates, and the growth potentials and desirable lines of policy in the industrial West. He then discusses the major powers' policy problems, whose outcome so closely affects the developing nations. Mr. Maddison presents basic statistical series, going back to 1870 in most cases, on gross national products, productivity, population, labor force, employment, working hours, investment and capital-output ratios. He draws upon this rich fund of comparative statistics with skill and insight, relating it throughout to the broad questions of economic policy which are at issue. This classic book was first published in 1964.
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60.850000 USD
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Multilateral evidence has continued to show that the conspicuous absence of reputable ethical-ecological criteria for evaluating companies and businesses in Nigeria is not only a lamentable disservice to the Nigerian people; but does not augur well for the Nigerian economy in particular and society at large. The Corporate Social Responsibility ...
Towards an Ethical-ecological Assessment of Companies in Nigeria: An Empirical Inquiry into the Relevance or Otherwise of the Frankfurt-Hohenheim Guidelines for the Ethical Assessment of Companies in the Nigerian Context- A Case of the Nigerian Microfinan
Multilateral evidence has continued to show that the conspicuous absence of reputable ethical-ecological criteria for evaluating companies and businesses in Nigeria is not only a lamentable disservice to the Nigerian people; but does not augur well for the Nigerian economy in particular and society at large. The Corporate Social Responsibility (CSR) concept and practice has been notoriously inadequate in meeting this challenge. The CSR, which came to Nigeria via the pressures and ire drawn by the rogue activities of multi-national oil concerns in the Nigeria Delta, quickly dissipated its reputational capital and fossilized on its pretensions by assuming a paternalistic character of a philanthropic nature in the policy philosophies of many companies in Nigeria. The results of this absence have been catastrophic. The Niger Delta became an ecological wasteland thanks to unethical and unsupervised rapacity convoked there by the oil companies. Many Nigerian families have been chaperoned into poverty thanks to the perennial failure of many Nigerian banks and financial institutions, which is predicated on massive fraud and other sharp practices of bank officials. Need we talk about the costs in lives and limbs of the unethical practices of many companies in almost all sectors of the Nigerian economy, whose activities have been destroying the ecological integrity of our environment; constantly degrading the dignity and human rights of their employees, and endangering the lives and wellbeing of consumers across the country?
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83.740000 USD
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In the classical tradition of economic theory, as represented by A. Smith, D. Ricardo, and more recently by P. Sraffa, market prices are seen to gravitate to or around the natural prices. Therefore, the analysis of natural prices predominated, whereas the relationship between market and natural prices was somewhat neglected. ...
Market Prices and Natural Prices: A Study in the Theory of the Classical Process of Gravitation
In the classical tradition of economic theory, as represented by A. Smith, D. Ricardo, and more recently by P. Sraffa, market prices are seen to gravitate to or around the natural prices. Therefore, the analysis of natural prices predominated, whereas the relationship between market and natural prices was somewhat neglected. Only in the last 10 years the attempt had begun to study this relation in formal models. Chapter 1 of this book tries to assess essential features of a classical position and to provide a critical survey on the modern literature on gravitation. Among other, the following questions are discussed: how natural and how market prices and quantities are explained; and how the capital rellocation process between sectors is specified. On this basis a discrete nonlinear dynamic model is developed in Chapter 4, which describes a classical market adjustment process. Its distinctive feature is found in asymetric decision constraints faced by producers and workers. The model dynamics which are studied using bifurcation theory and computersimulations corroborate the gravitation hypothesis. Chapter 2 introduces the necessary analytic tools and Chapter 3 surveys other formal models in this field.
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91.300000 USD
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This detailed volume explores the role and actions of economists in US, Japanese and various European parliaments in the critical period between 1848 and 1920. Featuring chapters written by an international array of contributors from both economics and history, the book provides fascinating insights into the parliamentary life in the ...
Economists in Parliament in the Liberal Age: (1848-1920)
This detailed volume explores the role and actions of economists in US, Japanese and various European parliaments in the critical period between 1848 and 1920. Featuring chapters written by an international array of contributors from both economics and history, the book provides fascinating insights into the parliamentary life in the period. It highlights the often pivotal role of economists within each administration; examines their influence on policy making, their relationships with other MPs, civil servants, external economic associations and looks at the influence of public opinion on economic policy. The book also discusses the nature of the economic discourse practised in the parliamentary arena, considering the complex relationships between science and practice, and between politics and political economy in light of the evolution of economics during this period. The book is the first of its kind to provide a comparative framework for analysis, and will appeal to economists and historians alike.
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62.950000 USD
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This book aims to start a debate on the relationship between economic theory - and more precisely business cycle theory - and economic policy, emphasising the diversity of views on economic policy which characterised older periods, in contrast to the homogeneity of the analysis and diagnosis provided by current business ...
Business cycle theory as a basis for economic policy
This book aims to start a debate on the relationship between economic theory - and more precisely business cycle theory - and economic policy, emphasising the diversity of views on economic policy which characterised older periods, in contrast to the homogeneity of the analysis and diagnosis provided by current business cycles developments. Since the 1970s, economic theorists excluding any economic policy interventions and favouring strictly supply-side economic policies have gained a growing influence. The development of Equilibrium Business Cycles theories coincides with the collapse, at least in academic circles, of the Keynesian consensus favouring stabilization policies. The alternative approach which emerged was based on an a priori hypothesis about the stability of the economy - or at least on its remarkable ability to stabilize itself. The direct consequence of this approach is that any stabilization objective for economic policy is not only misguided but also inefficient. There are many reasons why Keynesian policies ceased to be dominant in theoretical circles, but the most helpful circumstances for the rapid propagation of a new revolutionary theory is certainly the existence of an established orthodoxy, clearly inconsistent with the most salient facts of reality. This book offers a sample of different theoretical approaches to business cycles, examining their respective views on economic policy with the objective of understanding business cycles that have been lost, and identifying those views which explain fluctuations and the way we conceive economic policy. This book was originally published as a special issue of The European Journal of the History of Economic Thought.
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54.550000 USD
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The interventions of crisis management during the 2007 to 2011 financial crisis were not simply responses to a set of given developments in markets, banking or neo-liberal capitalism. Nor can those interventions be adequately explained as the actions of sovereign state officials and institutions. Instead, Langley argues, processes of crisis ...
Liquidity Lost: The Governance of the Global Financial Crisis
The interventions of crisis management during the 2007 to 2011 financial crisis were not simply responses to a set of given developments in markets, banking or neo-liberal capitalism. Nor can those interventions be adequately explained as the actions of sovereign state officials and institutions. Instead, Langley argues, processes of crisis governance are shown to have established six principal technical problems to be acted upon: liquidity, toxicity, solvency, risk, regulation, and debt and that the governance of these technical problems, is shown to have been strategically assembled in order to secure the continuation of a particular, financialized way of life that depends upon global financial circulations. Contributing to interdisciplinary debates in cultural economy and the social studies of finance, and grounded in extensive empirical research, this book offers an innovative analysis of how the contemporary global financial crisis was governed. Through an exploration of the interventions made by central banks, treasuries, and regulatory authorities in the Anglo-American heartland of the crisis between 2007 and 2011, experimental and strategic apparatuses of crisis governance are shown to have emerged. These discrete apparatuses established the six technical problems to be acted upon, but also shared certain proclivities and preferences. Crisis governance assembled discourses and devices of economy in relation with sovereign monetary, fiscal, and regulatory techniques, and elicited an affective atmosphere of confidence. It also sought to secure the financialized way of life which turns on the opportunities ostensibly afforded by uncertain financial circulations, and gave rise to post-crisis technical fixes designed to advance the resilience of banking and the macro-prudential regulation of financial stability. Thus, the consensus that prevails across economics, political economy, and beyond - wherein sovereign state institutions are cast as coming to the rescue of the markets, banking, or neo-liberal capitalism - conceals a great deal more than it reveals about the governance of the global financial crisis.
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47.200000 USD
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This book focuses on the production of low-quality goods, the rise of markets for imitations and shoddy goods, and dishonest trading practices which developed along with the expansion of global trade in the nineteenth and twentieth centuries in East Asia. Fake, imitation, counterfeit, and adulterated goods have long plagued domestic ...
Imitation, Counterfeiting and the Quality of Goods in Modern Asian History
This book focuses on the production of low-quality goods, the rise of markets for imitations and shoddy goods, and dishonest trading practices which developed along with the expansion of global trade in the nineteenth and twentieth centuries in East Asia. Fake, imitation, counterfeit, and adulterated goods have long plagued domestic and international trade. While we are all familiar with contemporary attempts to control the manufacture and sales of such goods, economic historians have given the subject little attention, despite the fact that the growth of international trade and the lengthening of commodity chains played a major role in the spread of such practices. The problem is approached in several ways. Part I of the book examines the ways in which the asymmetry of product-quality information was reduced and mechanisms were developed to bring greater order in the markets, using case studies on cotton fiber, silk pongee, cotton cloth, fertilizer, and tea. Part II of the book focuses on problems associated with imported everyday-use items-which are referred to here as small things -and the role played by imitations of such everyday goods as soap, matches, glass bottles, and toys in the development of the modern economies of Japan, China and Taiwan. The project brings together the work of an international team of scholars who offer important historical perspectives on these issues, exploring the ways in which new institutions were created that continue to play a role in contemporary global economic activities.
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167.990000 USD
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This book analyses the bearing of global monotheistic faiths towards the philosophy and practice of record keeping and accounting throughout history. The author offers a comprehensive discussion of the literal and figurative processes of taking account and ascribing accountability that link religions such as Christianity, Judaism and Islam. Chapters address ...
Accounting, Capitalism and the Revealed Religions: A Study of Christianity, Judaism and Islam
This book analyses the bearing of global monotheistic faiths towards the philosophy and practice of record keeping and accounting throughout history. The author offers a comprehensive discussion of the literal and figurative processes of taking account and ascribing accountability that link religions such as Christianity, Judaism and Islam. Chapters address theology and accounting in tandem with social behaviours to demonstrate how auditing and calculating customs permeate practising religions. This book first highlights how the four monotheisms have viewed and incorporated accounting historically, and then looks forward to the accounting debates, technologies and traditions in today's world that derive from these religious customs. Drawing heavily on the writings of Max Weber and Werner Sombart, the author demonstrates that accounting and capitalism have religious roots far beyond the Protestant ethic.
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146.990000 USD

Accounting, Capitalism and the Revealed Religions: A Study of Christianity, Judaism and Islam

by Vassili Joannides De Lautour
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America's debt is in the trillions--and yet, like those who worry about borrowing five dollars but not about their unaffordable mortgage, Americans fail to pay attention to this serious situation. The press hovers over annual budgets and the associated deficits (and rare surpluses), but pays little attention to the national ...
The National Debt of the United States, 1941 to 2008
America's debt is in the trillions--and yet, like those who worry about borrowing five dollars but not about their unaffordable mortgage, Americans fail to pay attention to this serious situation. The press hovers over annual budgets and the associated deficits (and rare surpluses), but pays little attention to the national debt and even less to the interest spent serving it. Federal politicians seem as powerless to control the debt as they are uninformed about its nature. After tracing fluctuations in the finances of the country from its beginning until 1940, this book examines the administrations of the next 12 presidents (FDR through George W. Bush) and the annual budget deficits and interest expenses that fed the national debt. The startup debt of each administration is shown; then the change in debt through the end of the administration is analyzed to show what areas of government incurred overspending and how much was overspent. Also included are brief biographies of each president, and discussions of foreign and domestic situations, including judicial decisions and sociological changes, that affected fiscal policies and fueled the urge to overspend.
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42.77 USD
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At the heart of today's fierce political anger over income inequality is a feature of capitalism that Karl Marx famously obsessed over: the commodification of labor. Most of us think wage-labor economics is at odds with socialist thinking, but as Martha Lampland explains in this fascinating look at twentieth-century Hungary, ...
The Value of Labor: The Science of Commodification in Hungary, 1920-1956
At the heart of today's fierce political anger over income inequality is a feature of capitalism that Karl Marx famously obsessed over: the commodification of labor. Most of us think wage-labor economics is at odds with socialist thinking, but as Martha Lampland explains in this fascinating look at twentieth-century Hungary, there have been moments when such economics actually flourished under socialist regimes. Exploring the region's transition from a capitalist to a socialist system and the economic science and practices that endured it she sheds new light on the two most polarized ideologies of modern history. Lampland trains her eye on the scientific claims of modern economic modeling, using Hungary's unique vantage point to show how theories, policies, and techniques for commodifying agrarian labor that were born in the capitalist era were adopted by the socialist regime as a scientifically designed wage system on cooperative farms. Paying attention to the specific historical circumstances of Hungary, she explores the ways economists and the abstract notions they traffic in can both shape and be shaped by local conditions, and she compellingly shows how labor can be commodified in the absence of a labor market. The result is a unique account of economic thought that unveils hidden but necessary continuities running through the turbulent twentieth century.
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42.000000 USD

The Value of Labor: The Science of Commodification in Hungary, 1920-1956

by Martha Lampland
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This book tells the story of the euro crisis in Cyprus from the inside. Written by the former Governor of the Central Bank of Cyprus, Panicos Demetriades, who was in office during this turbulent period, this book shows how the crisis unravelled through a series of key events that occurred ...
A Diary of the Euro Crisis in Cyprus: Lessons for Bank Recovery and Resolution
This book tells the story of the euro crisis in Cyprus from the inside. Written by the former Governor of the Central Bank of Cyprus, Panicos Demetriades, who was in office during this turbulent period, this book shows how the crisis unravelled through a series of key events that occurred during his tenure. Written in chronological order, and broadly based on the author's personal diary, starting from his first day in office, this volume brings together economics, banking, regulation, governance, history, politics and international relations. Presenting personal witness statements, including records of noteworthy telephone conversations, informal meetings and other milestones, it examines crucial questions like: How did Cyprus become so systemically important to the rest of the euro area? Why was Cyprus treated so differently in comparison to other peripheral countries in Europe? Why were bank depositors targeted? What role did Cyprus' links with Russia play in the design of the programme? What has been the toxic fallout from the bail-in? Are there any longer-term implications for the euro? What are the lessons for regulators around the world? The book will appeal to readers interested in financial crises, the euro's architecture, the evolution of the European Monetary Union, and those with an interest in how Europe and the IMF dealt with crises in peripheral European countries.
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65.07 USD

A Diary of the Euro Crisis in Cyprus: Lessons for Bank Recovery and Resolution

by Panicos Demetriades
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This book and its companion volume offer a better understanding of the lessons that Indian policymakers can learn from China's economic experience over the last 40 years. The aim of the two books together is to evaluate China's incremental reforms and how these reforms have impacted on the Chinese economy, ...
China's Lessons for India: Volume II: The Political Economy of Change
This book and its companion volume offer a better understanding of the lessons that Indian policymakers can learn from China's economic experience over the last 40 years. The aim of the two books together is to evaluate China's incremental reforms and how these reforms have impacted on the Chinese economy, based on a classical rather than from a neoclassical perspective using a case study method. In this second volume, the author examines knowledge creation, knowledge spillovers and entrepreneurship across both China and India. The comparative study places the theoretical analysis of the previous volume in a real-world context of how China's economic reforms since 1978 have actually impacted on the country. Its real-world findings of the Chinese economy present a complete perspective on China's lessons for India as well as at a global context.
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115.490000 USD
Paperback / softback
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This book provides a comprehensive overview of the development of economics from its beginnings, at the end of the Middle Ages, up to contemporary developments, including a number of significant contributions of the 1980s. The economic thought of the last 50 years has been given particular attention to reflect the ...
An Outline of the History of Economic Thought
This book provides a comprehensive overview of the development of economics from its beginnings, at the end of the Middle Ages, up to contemporary developments, including a number of significant contributions of the 1980s. The economic thought of the last 50 years has been given particular attention to reflect the remarkable growth in research accomplished during this period. The authors present traditional as well as modern theories as part of a historical process. Thus they have not only surveyed economic thought from a theoretical perspective, but have also reconstructed the intellectual climate from which new economic theories have emerged. The book therefore takes a history-of-ideas approach, whose principal aims consist, on the one hand, of understanding the context in which the ideas are formed, and, on the other, of explaining how the fundamental ideas lead to the creation of particular theoretical systems.
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51.27 USD

An Outline of the History of Economic Thought

by Stefano Zamagni, Ernesto Screpanti
Paperback / softback