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In 1943, Lebanon gained its formal political independence from France; only after two more decades did the country finally establish a national central bank. Inaugurated on April 1, 1964, the Banque du Liban (BDL) was billed by Lebanese authorities as the nation's primary symbol of economic sovereignty and as the ...
Banking on the State: The Financial Foundations of Lebanon
In 1943, Lebanon gained its formal political independence from France; only after two more decades did the country finally establish a national central bank. Inaugurated on April 1, 1964, the Banque du Liban (BDL) was billed by Lebanese authorities as the nation's primary symbol of economic sovereignty and as the last step towards full independence. In the local press, it was described as a means of projecting state power and enhancing national pride. Yet the history of its founding-stretching from its Ottoman origins in mid-nineteenth century up until the mid-twentieth-tells a different, more complex story. Banking on the State reveals how the financial foundations of Lebanon were shaped by the history of the standardization of economic practices and financial regimes within the decolonizing world. The system of central banking that emerged was the product of a complex interaction of war, economic policies, international financial regimes, post-colonial state-building, global currents of technocratic knowledge, and private business interests. It served rather than challenged the interests of an oligarchy of local bankers. As Hicham Safieddine shows, the set of arrangements that governed the central bank thus was dictated by dynamics of political power and financial profit more than market forces, national interest or economic sovereignty.
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46.47 USD

Banking on the State: The Financial Foundations of Lebanon

by Hicham Safieddine
Paperback / softback
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Commercial banks are among the oldest and most familiar financial institutions. When they work well, we hardly notice; when they do not, we rail against them. What are the historical forces that have shaped the modern banking system? In Unsettled Account, Richard Grossman takes the first truly comparative look at ...
Unsettled Account: The Evolution of Banking in the Industrialized World since 1800
Commercial banks are among the oldest and most familiar financial institutions. When they work well, we hardly notice; when they do not, we rail against them. What are the historical forces that have shaped the modern banking system? In Unsettled Account, Richard Grossman takes the first truly comparative look at the development of commercial banking systems over the past two centuries in Western Europe, the United States, Canada, Japan, and Australia. Grossman focuses on four major elements that have contributed to banking evolution: crises, bailouts, mergers, and regulations. He explores where banking crises come from and why certain banking systems are more resistant to crises than others, how governments and financial systems respond to crises, why merger movements suddenly take off, and what motivates governments to regulate banks. Grossman reveals that many of the same components underlying the history of banking evolution are at work today. The recent subprime mortgage crisis had its origins, like many earlier banking crises, in a boom-bust economic cycle. Grossman finds that important historical elements are also at play in modern bailouts, merger movements, and regulatory reforms. Unsettled Account is a fascinating and informative must-read for anyone who wants to understand how the modern commercial banking system came to be, where it is headed, and how its development will affect global economic growth.
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41.950000 USD

Unsettled Account: The Evolution of Banking in the Industrialized World since 1800

by Richard S. Grossman
Paperback / softback
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The economic history of the Middle East and North Africa is quite extraordinary. This is an axiomatic statement, but the very nature of the economic changes that have stemmed directly from the effects of oil resources in these areas has tended to obscure longterm patterns of economic change and the ...
An Economic History of the Middle East and North Africa
The economic history of the Middle East and North Africa is quite extraordinary. This is an axiomatic statement, but the very nature of the economic changes that have stemmed directly from the effects of oil resources in these areas has tended to obscure longterm patterns of economic change and the fundamental transformation of Middle Eastern and North African economies and societies over the past two hundred years. In this study Professor Issawi examines and explains the development of these economies since 1800, focusing particularly on the challenge posed by the use and subsequent decline of Western economic and political domination and the Middle Eastern response to it. The book beg ins with an analysis of the effects of foreign intervention in the area: the expansion of trade, the development of transport networks, the influx of foreign capital and resulting integration into international commercial and financial networks. It goes on to examine the local response to these external forces: migration within, to and from the region, population growth, urbanization and changes in living standards, shifts in agricultural production and land tenure and the development of an industrial sector. Professor Issawi discusses the crucial effects of the growth of oil and oil-related industries in a separate chapter, and finally assesses the likely gains and losses in this long period for both the countries in the area and the Western powers. He has drawn on long experience and an immense amount of material in surveying the period, and provides a clear and penetrating survey of an extraordinarily complex area.
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56.93 USD

An Economic History of the Middle East and North Africa

by Charles Issawi
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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
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The U.S. took in more than a million immigrants per year in the late 1990s, more than at any other time in history. For humanitarian and many other reasons, this may be good news. But as George Borjas shows in Heaven's Door, it's decidedly mixed news for the American economy--and ...
Heaven's Door: Immigration Policy and the American Economy
The U.S. took in more than a million immigrants per year in the late 1990s, more than at any other time in history. For humanitarian and many other reasons, this may be good news. But as George Borjas shows in Heaven's Door, it's decidedly mixed news for the American economy--and positively bad news for the country's poorest citizens. Widely regarded as the country's leading immigration economist, Borjas presents the most comprehensive, accessible, and up-to-date account yet of the economic impact of recent immigration on America. He reveals that the benefits of immigration have been greatly exaggerated and that, if we allow immigration to continue unabated and unmodified, we are supporting an astonishing transfer of wealth from the poorest people in the country, who are disproportionately minorities, to the richest. In the course of the book, Borjas carefully analyzes immigrants' skills, national origins, welfare use, economic mobility, and impact on the labor market, and he makes groundbreaking use of new data to trace current trends in ethnic segregation. He also evaluates the implications of the evidence for the type of immigration policy the that U.S. should pursue. Some of his findings are dramatic: Despite estimates that range into hundreds of billions of dollars, net annual gains from immigration are only about $8 billion. In dragging down wages, immigration currently shifts about $160 billion per year from workers to employers and users of immigrants' services. Immigrants today are less skilled than their predecessors, more likely to re-quire public assistance, and far more likely to have children who remain in poor, segregated communities. Borjas considers the moral arguments against restricting immigration and writes eloquently about his own past as an immigrant from Cuba. But he concludes that in the current economic climate--which is less conducive to mass immigration of unskilled labor than past eras--it would be fair and wise to return immigration to the levels of the 1970s (roughly 500,000 per year) and institute policies to favor more skilled immigrants.
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55.120000 USD

Heaven's Door: Immigration Policy and the American Economy

by George J. Borjas
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Walking the Highwire tells the story of the Eurozone Crisis from the perspective of the former Vice-President of the European Commission who was responsible for Economic and Monetary Affairs in 2010-2014. It is a comprehensive European account that covers both events and decisions in Brussels and Frankfurt and in the ...
Walking the Highwire: Rebalancing the European Economy in Crisis
Walking the Highwire tells the story of the Eurozone Crisis from the perspective of the former Vice-President of the European Commission who was responsible for Economic and Monetary Affairs in 2010-2014. It is a comprehensive European account that covers both events and decisions in Brussels and Frankfurt and in the member states, both in distressed countries and creditor states. It also provides an economic-political analysis of the crisis and its management, recognising that the Euro was created politically, and saved politically. Thoroughly researched and based on economic analysis of the time, reports on various meetings and the author's own speaking notes and diary, this book begins with a narrative of crisis management 2009-2012, before moving on to address the beginning of the recovery from 2013-2014. It concludes with the lessons learnt from the crisis and a programme for reform of the Eurozone in the 2020s, with contemporary policy relevance. This is an entertaining and engaging account which will be of interest to a wide audience: scholars and students, practitioners and commentators of the Eurozone.
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46.47 USD

Walking the Highwire: Rebalancing the European Economy in Crisis

by Olli Rehn
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The aim of this volume is to tell a story of Welsh industrial history different from the one traditionally dominated by the coal and iron communities of Victorian and Edwardian Wales. Extending their chronological scope from the early eighteenth- to the late twentieth-century, and encompassing a wider range of industries, ...
New Perspectives on Welsh Industrial History
The aim of this volume is to tell a story of Welsh industrial history different from the one traditionally dominated by the coal and iron communities of Victorian and Edwardian Wales. Extending their chronological scope from the early eighteenth- to the late twentieth-century, and encompassing a wider range of industries, the essays in this book combine studies of the internal organisation of workplace and production with outward-facing perspectives of Welsh industry in the context of the global economy. Chapter authors offer some important new insights into the companies, the employers, the markets and the money behind some of the key sectors of the Welsh economy, from coal to copper and from steel to manufacturing. By acknowledging the numerical significance, but often unsung importance, of the thousands who worked in domestic service, it challenges us also to reconsider what we think of as constituting `industry' in Wales.
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46.47 USD

New Perspectives on Welsh Industrial History

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Originally published in 1935, this book charts the revolution from a banking to an industrial conception of currency which took place between 1922 and 1932. Having failed to stabilise the purchasing power of gold, General Strong stabilised the purchasing power of the dollar, an idea which was revived on an ...
Ten Years of Currency Revolution: 1922-1932
Originally published in 1935, this book charts the revolution from a banking to an industrial conception of currency which took place between 1922 and 1932. Having failed to stabilise the purchasing power of gold, General Strong stabilised the purchasing power of the dollar, an idea which was revived on an international scale by the Ottawa Conference of 1932. The stabilisation of purchasing power, independently of gold, was subsequently adopted as the keystone of British currency policy.
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52.06 USD

Ten Years of Currency Revolution: 1922-1932

by Charles Morgan-Webb
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In this book, originally published in 1936, the author charts the sequence of events which converted him from an advocate of the restoration of the gold standard to a convinced opponent. His indictment of the gold standard is comprehensive and he attributes it as the chief cause of the economic ...
The Downfall of the Gold Standard
In this book, originally published in 1936, the author charts the sequence of events which converted him from an advocate of the restoration of the gold standard to a convinced opponent. His indictment of the gold standard is comprehensive and he attributes it as the chief cause of the economic difficulties of the 1920s. An invaluable commentary on the monetary instability of these crucial years, this book was written not only for economists and bankers but also for those interested in following the narrative of the most tumultuous events in the history of money.
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52.06 USD

The Downfall of the Gold Standard

by Gustav Kassel
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Originally published in 1933 this book discusses the inadequacy of `orthodox Gold Standard theory' in the light of post-war monetary phenomena. In demonstrating that the Gold Standard had broken down the book explains that the Quantity Theory of Money is an inaccurate explanation of what happens over short periods and ...
A Critique of the Gold Standard
Originally published in 1933 this book discusses the inadequacy of `orthodox Gold Standard theory' in the light of post-war monetary phenomena. In demonstrating that the Gold Standard had broken down the book explains that the Quantity Theory of Money is an inaccurate explanation of what happens over short periods and that the determining factor in the rise or fall of prices is the Velocity of Circulation. The book makes a plea for a workable Gold Standard operated by an international consortium of Central Banks.
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52.06 USD

A Critique of the Gold Standard

by H. L. Puxley
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This influential study of the relationship between the prices of gold and other commodities was originally published in 1935. In it the authors attributed the initial cause of the great depression in the US to the reestablishment of the gold standard in many European countries and resulting deflation. The authors' ...
Gold and Prices
This influential study of the relationship between the prices of gold and other commodities was originally published in 1935. In it the authors attributed the initial cause of the great depression in the US to the reestablishment of the gold standard in many European countries and resulting deflation. The authors' recommendations were successfully implemented by Franklin D. Roosevelt.
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55.78 USD

Gold and Prices

by Frank A Pearson, George F Warren
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This book, originally published in 1987 sets the British political and financial crisis of 1931 in an international context by concentrating on the bankers who were primarily responsible for leading the fight to protect sterling in a world context. 1931 marks the point at which the near-autonomy which bankers had ...
The Battle for Britain's Gold Standard in 1931
This book, originally published in 1987 sets the British political and financial crisis of 1931 in an international context by concentrating on the bankers who were primarily responsible for leading the fight to protect sterling in a world context. 1931 marks the point at which the near-autonomy which bankers had achieved during the 1920s began to decline and 1931 was thus the last attempt of important groups to return Britain to the Edwardian era. The reasons for their failure to do this are still pertinent in today's international financial climate and this study provides a definitive account of an eciting episode in British politics.
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52.06 USD

The Battle for Britain's Gold Standard in 1931

by Diane B. Kunz
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Originally published in 1930, the essays in this book discuss some of the leading financial controversities of the early 1930s in non-technical language. Rationalisation, the Gold Standard and the problems of currency and credit in their relation to unemployment are among the questions discussed. The volume as a whole is ...
Gold, Credit and Employment: Four Essays for Laymen
Originally published in 1930, the essays in this book discuss some of the leading financial controversities of the early 1930s in non-technical language. Rationalisation, the Gold Standard and the problems of currency and credit in their relation to unemployment are among the questions discussed. The volume as a whole is a plea at once for a revision of the (then) current banking policy and for a more energetic effort by the Government to break into the vicious circle of unemployment and under-consumption.
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52.06 USD

Gold, Credit and Employment: Four Essays for Laymen

by G. D. H. Cole
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Originally published in 1931, this book was written at a time when the utility and value of gold was under great scrutiny. Global financial circles were discussing the necessity of reducing the price of gold, pressing for the return of Britain to a gold standard and imposing a managed currency. ...
The Outlook for Gold
Originally published in 1931, this book was written at a time when the utility and value of gold was under great scrutiny. Global financial circles were discussing the necessity of reducing the price of gold, pressing for the return of Britain to a gold standard and imposing a managed currency. Against a background of post-war monetary and financial dislocations, the author argues that the unique monetary quality of gold is its liquidity, and its universal acceptability as a natural form of money throughout the world.
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52.06 USD

The Outlook for Gold

by Charles Morgan-Webb
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Originally published in 1936, this book discusses the post-War reconstruction of the monetary system. It examines the American use of silver and changes to China's currency system and asks whether a combination of gold and silver would not be a better solution than a pure Gold Standard. The book discusses ...
Symmetallism: An Alternative to Orthodox Bimetallism
Originally published in 1936, this book discusses the post-War reconstruction of the monetary system. It examines the American use of silver and changes to China's currency system and asks whether a combination of gold and silver would not be a better solution than a pure Gold Standard. The book discusses to what extent it is possible to unite the advantages of an orthodox metallic standard with the greater elasticity which was required. Using geometry, the author gives a more complete picture of the relationships involved in Symmetallism and a theoretical account of the symmetallic Bullion Standard.
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52.06 USD

Symmetallism: An Alternative to Orthodox Bimetallism

by Barthold A. Butenschon
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Manias, Panics and Crashes , is a scholarly and entertaining account of the way that mismanagement of money and credit has led to financial explosions over the centuries. Covering such topics as the history and anatomy of crises, speculative manias, and the lender of last resort, this book has been ...
Manias, Panics and Crashes: A History of Financial Crises
Manias, Panics and Crashes , is a scholarly and entertaining account of the way that mismanagement of money and credit has led to financial explosions over the centuries. Covering such topics as the history and anatomy of crises, speculative manias, and the lender of last resort, this book has been hailed as 'a true classic...both timely and timeless.' In this new, updated fifth edition, Kindleberger and Aliber expand upon the ideas presented in the previous edition, and include two new chapters on the real estate price bubble that occurred in Norway, Sweden and Finland at the end of the 1980s, and the three asset price bubbles that occurred between 1985 and 2000 in Japan and other Asian countries. Selected as one of the best investment books of all time by the Financial Times, Manias, Panics and Crashes puts the turbulence of the financial world in perspective.
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48.92 USD

Manias, Panics and Crashes: A History of Financial Crises

by Robert Z. Aliber, Charles Poor Kindleberger
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In Out of Stock, Dara Orenstein delivers a nuanced, ambitious, and engrossing account of that most generic and underappreciated site in the history of American commerce and industry: the warehouse, and all its many permutations. She traces the progression from the bonded warehouse of the nineteenth century to today's foreign-trade ...
Out of Stock: The Warehouse in the History of Capitalism
In Out of Stock, Dara Orenstein delivers a nuanced, ambitious, and engrossing account of that most generic and underappreciated site in the history of American commerce and industry: the warehouse, and all its many permutations. She traces the progression from the bonded warehouse of the nineteenth century to today's foreign-trade zones, enclaves where goods are processed while simultaneously inside the US and outside US customs territory. Foreign-trade zones channel jobs to American workers by converting American cities into international ports, and to understand them, Orenstein tells us, we should look at them in the simplest of terms: as warehouses. Going further, Orenstein contends that these zones--nearly 800 of which are scattered across the US--are emblematic of how warehouses have begun to supplant factories on the terrain of logistics. In the age of Amazon and Walmart, circulation is so crucial to how and where goods are produced that it is increasingly inseparable from production, such that warehouses rank as some of the most pivotal spaces of global capitalism. Drawing from cultural geography, cultural history, and political economy, and vividly documented with photos, ads, maps, and other ephemera, Out of Stock nimbly demonstrates the centrality of warehouses for corporations, workers, cities, and empires.
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52.07 USD

Out of Stock: The Warehouse in the History of Capitalism

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

The Philosophy of Economics: An Anthology

by Daniel M Hausman
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A History of Economic Theory offers a comprehensive account of the builders and building blocks of modern mainstream economics. Jurg Niehans shows how the analytical tools used by economists have evolved from the eighteenth century to the present. Niehans first surveys the development of classical economics from the scholastic and ...
A History of Economic Theory: Classic Contributions, 1720-1980
A History of Economic Theory offers a comprehensive account of the builders and building blocks of modern mainstream economics. Jurg Niehans shows how the analytical tools used by economists have evolved from the eighteenth century to the present. Niehans first surveys the development of classical economics from the scholastic and mercantilist traditions to Marx. He then follows the progress of marginalist economics from Thunen to Fischer. In the book's final section, he describes economic theory in the model-building era from Pigou and Keynes to Rational Expectations. Building his story around the economists themselves, Niehans presents a pantheon of economic theory. It includes the famous from Smith and Riccardo to Samuelson and Friedman, as well as detailed discussions of lesser-known figures who have nevertheless made classic contributions. For each theorist Niehans offers a biographical sketch followed by a description, interpretation, and critical assessment of his work. With the current revival of interest in the history of economics, economists will find A History of Economic Theory not only a rich source of information but also a challenging analysis of the dynamics of scientific progress.
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50.400000 USD

A History of Economic Theory: Classic Contributions, 1720-1980

by Jurg Niehans
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William Stanley Jevons is regarded by many as bringing mathematical methods to the study of economics. The Theory of Political Economy brought together maths and the theory of utility, this contribution marked Jevons as a leading political economist of his time.
The Theory of Political Economy
William Stanley Jevons is regarded by many as bringing mathematical methods to the study of economics. The Theory of Political Economy brought together maths and the theory of utility, this contribution marked Jevons as a leading political economist of his time.
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73.490000 USD

The Theory of Political Economy

by William Stanley Jevons
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Collectively, mankind has never had it so good despite periodic economic crises of which the current sub-prime crisis is merely the latest example. Much of this success is attributable to the increasing efficiency of the world's financial institutions as finance has proved to be one of the most important causal ...
The Origins and Development of Financial Markets and Institutions: From the Seventeenth Century to the Present
Collectively, mankind has never had it so good despite periodic economic crises of which the current sub-prime crisis is merely the latest example. Much of this success is attributable to the increasing efficiency of the world's financial institutions as finance has proved to be one of the most important causal factors in economic performance. In a series of insightful essays, financial and economic historians examine how financial innovations from the seventeenth century to the present have continually challenged established institutional arrangements, forcing change and adaptation by governments, financial intermediaries, and financial markets. Where these have been successful, wealth creation and growth have followed. When they failed, growth slowed and sometimes economic decline has followed. These essays illustrate the difficulties of co-ordinating financial innovations in order to sustain their benefits for the wider economy, a theme that will be of interest to policy makers as well as economic historians.
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59.840000 USD

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

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In this wide-ranging and stimulating book, a leading authority on the history of medicine and science presents convincing evidence that Dutch commerce-not religion-inspired the rise of science in the sixteenth and seventeenth centuries. Harold J. Cook scrutinizes a wealth of historical documents relating to the study of medicine and natural ...
Matters of Exchange: Commerce, Medicine, and Science in the Dutch Golden Age
In this wide-ranging and stimulating book, a leading authority on the history of medicine and science presents convincing evidence that Dutch commerce-not religion-inspired the rise of science in the sixteenth and seventeenth centuries. Harold J. Cook scrutinizes a wealth of historical documents relating to the study of medicine and natural history in the Netherlands and elsewhere in Europe, Brazil, South Africa, and Asia during this era, and his conclusions are fresh and exciting. He uncovers direct links between the rise of trade and commerce in the Dutch Empire and the flourishing of scientific investigation. Cook argues that engaging in commerce changed the thinking of Dutch citizens, leading to a new emphasis on such values as objectivity, accumulation, and description. The preference for accurate information that accompanied the rise of commerce also laid the groundwork for the rise of science globally, wherever the Dutch engaged in trade. Medicine and natural history were fundamental aspects of this new science, as reflected in the development of gardens for both pleasure and botanical study, anatomical theaters, curiosity cabinets, and richly illustrated books about nature. Sweeping in scope and original in its insights, this book revises previous understandings of the history of science and ideas.
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54.600000 USD

Matters of Exchange: Commerce, Medicine, and Science in the Dutch Golden Age

by Harold J. Cook
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The Big Problem of Small Change offers the first credible and analytically sound explanation of how a problem that dogged monetary authorities for hundreds of years was finally solved. Two leading economists, Thomas Sargent and Francois Velde, examine the evolution of Western European economies through the lens of one of ...
The Big Problem of Small Change
The Big Problem of Small Change offers the first credible and analytically sound explanation of how a problem that dogged monetary authorities for hundreds of years was finally solved. Two leading economists, Thomas Sargent and Francois Velde, examine the evolution of Western European economies through the lens of one of the classic problems of monetary history--the recurring scarcity and depreciation of small change. Through penetrating and clearly worded analysis, they tell the story of how monetary technologies, doctrines, and practices evolved from 1300 to 1850; of how the standard formula was devised to address an age-old dilemma without causing inflation. One big problem had long plagued commodity money (that is, money literally worth its weight in gold): governments were hard-pressed to provide a steady supply of small change because of its high costs of production. The ensuing shortages hampered trade and, paradoxically, resulted in inflation and depreciation of small change. After centuries of technological progress that limited counterfeiting, in the nineteenth century governments replaced the small change in use until then with fiat money (money not literally equal to the value claimed for it)--ensuring a secure flow of small change. But this was not all. By solving this problem, suggest Sargent and Velde, modern European states laid the intellectual and practical basis for the diverse forms of money that make the world go round today. This keenly argued, richly imaginative, and attractively illustrated study presents a comprehensive history and theory of small change. The authors skillfully convey the intuition that underlies their rigorous analysis. All those intrigued by monetary history will recognize this book for the standard that it is.
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58.800000 USD

The Big Problem of Small Change

by Francois R. Velde, Thomas J. Sargent
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Lionel Robbins's now famous lectures on the history of economic thought comprise one of the greatest accounts since World War II of the evolution of economic ideas. This volume represents the first time those lectures have been published. Lord Robbins (1898-1984) was a remarkably accomplished thinker, writer, and public figure. ...
A History of Economic Thought: The LSE Lectures
Lionel Robbins's now famous lectures on the history of economic thought comprise one of the greatest accounts since World War II of the evolution of economic ideas. This volume represents the first time those lectures have been published. Lord Robbins (1898-1984) was a remarkably accomplished thinker, writer, and public figure. He made important contributions to economic theory, methodology, and policy analysis, directed the economic section of Winston Churchill's War Cabinet, and served as chairman of the Financial Times. As a historian of economic ideas, he ranks with Joseph Schumpeter and Jacob Viner as one of the foremost scholars of the century. These lectures, delivered at the London School of Economics between 1979 and 1981 and tape-recorded by Robbins's grandson, display his mastery of the intellectual history of economics, his infectious enthusiasm for the subject, and his eloquence and incisive wit. They cover a broad chronological range, beginning with Plato, Aristotle, and Aquinas, focusing extensively on Adam Smith, Thomas Malthus and the classicals, and finishing with a discussion of moderns and marginalists from Marx to Alfred Marshall. Robbins takes a varied and inclusive approach to intellectual history. As he says in his first lecture: I shall go my own sweet way--sometimes talk about doctrine, sometimes talk about persons, sometimes talk about periods. The lectures are united by Robbins's conviction that it is impossible to understand adequately contemporary institutions and social sciences without understanding the ideas behind their development. Authoritative yet accessible, combining the immediacy of the spoken word with Robbins's exceptional talent for clear, well-organized exposition, this volume will be welcomed by anyone interested in the intellectual origins of the modern world.
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52.450000 USD

A History of Economic Thought: The LSE Lectures

by Lionel Robbins
Paperback / softback
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Che Guevara remains an iconic figure, four decades after his death. Yet his most significant contribution - his work as a member of the Cuban government - is rarely discussed. This book explores his impact on Cuba's economy, through fascinating new archival material and interviews.
Che Guevara: The Economics of Revolution
Che Guevara remains an iconic figure, four decades after his death. Yet his most significant contribution - his work as a member of the Cuban government - is rarely discussed. This book explores his impact on Cuba's economy, through fascinating new archival material and interviews.
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83.990000 USD

Che Guevara: The Economics of Revolution

by Helen Yaffe
Paperback / softback
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The late seventeenth century was a crucial period in English financial history. A host of joint-stock companies emerged offering the opportunity for investment in projects ranging from the manufacture of paper to the search for sunken treasure. Driven by the demands of the Nine Years' War, the state also employed ...
The Origins of English Financial Markets: Investment and Speculation before the South Sea Bubble
The late seventeenth century was a crucial period in English financial history. A host of joint-stock companies emerged offering the opportunity for investment in projects ranging from the manufacture of paper to the search for sunken treasure. Driven by the demands of the Nine Years' War, the state also employed innovative tactics to attract money, its most famous scheme being the incorporation of the Bank of England. This book provides a comprehensive study of the choices and actions of the investors who enthusiastically embraced London's new financial market. It highlights the interactions between public and private finance, looks at how information circulated around the market and was used by speculators and investors, and documents the establishment of the institutions - the Bank of England, the national debt and an active secondary market in that debt - on which England's financial system was built.
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49.340000 USD

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

by Anne L. Murphy
Paperback / softback
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Following the 2007-2009 financial and economic crises, there has been an unprecedented demand among economics students for an alternative approach, which offers a historical, institutional and multidisciplinary treatment of the discipline. Economic development lends itself ideally to meet this demand, yet most undergraduate textbooks do not reflect this. This book ...
Development Economics: A Critical Introduction
Following the 2007-2009 financial and economic crises, there has been an unprecedented demand among economics students for an alternative approach, which offers a historical, institutional and multidisciplinary treatment of the discipline. Economic development lends itself ideally to meet this demand, yet most undergraduate textbooks do not reflect this. This book will fill this gap, presenting all the core material needed to teach development economics in a one semester course, while also addressing the need for a new economics and offering flexibility to instructors. Rather than taking the typical approach of organizing by topic, the book uses theories and debates to guide its structure. This will allow students to see different perspectives on key development questions, and therefore to understand more fully the contested nature of many key areas of development economics. The book can be used as a standalone textbook on development economics, or to accompany a more traditional text.
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61.35 USD

Development Economics: A Critical Introduction

by Shahrukh Rafi Khan
Paperback / softback
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Soviet foreign policy in the Stalin era is commonly assumed to have been a direct product of either Marxist ideology or the leader's whims. Both assumptions, however, oversimplify the complex and subtle factors involved in its creation and implementation. Kyung-Deok Roh provides an alternative, more nuanced, explanation and demonstrates the ...
Stalin's Economic Advisors: The Varga Institute and the Making of Soviet Foreign Policy
Soviet foreign policy in the Stalin era is commonly assumed to have been a direct product of either Marxist ideology or the leader's whims. Both assumptions, however, oversimplify the complex and subtle factors involved in its creation and implementation. Kyung-Deok Roh provides an alternative, more nuanced, explanation and demonstrates the key role played by Stalin's economic advisors. The so-called 'Varga Institute' , a 'think tank' led by Evgenii Varga, developed a unique scholarly discourse on the capitalist economy and international politics, based on an amalgam of Marxist economics and, notably, the work of American economist W. E. Mitchell. The institute's scholarship, which suggested the resilience, adaptability and stability of the capitalist economy, created the discursive space within which decisions were made, and influenced Stalin to move increasingly from aggressive strategies towards more cautious international policies. Roh's account, the first comprehensive study of this pivotal group, demonstrates the many complex ways that Soviet foreign policy was created and sheds new light onto the controversial relationship between Soviet academia and the party. Based on extensive archival research into previously untouched material, Stalin's Economic Advisors is essential reading for all researchers seeking to add nuance to their conception of Stalinist foreign policy, economic thought and politics.
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53.92 USD

Stalin's Economic Advisors: The Varga Institute and the Making of Soviet Foreign Policy

by Kyung Deok Roh
Paperback / softback
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The oil price collapse of 1985-6 had momentous global consequences: non-fossil energy sources quickly became uncompetitive, the previous talk of an OPEC 'imperium' was turned upside-down, the Soviet Union lost a large portion of its external revenues, and many Third World producers saw their foreign debts peak. Compared to the ...
Counter-shock: The Oil Counter-Revolution of the 1980s
The oil price collapse of 1985-6 had momentous global consequences: non-fossil energy sources quickly became uncompetitive, the previous talk of an OPEC 'imperium' was turned upside-down, the Soviet Union lost a large portion of its external revenues, and many Third World producers saw their foreign debts peak. Compared to the much-debated 1973 `oil shock', the `countershock' has not received the same degree of attention, even though its legacy has shaped the present-day energy scenario. This volume is the first to put the oil `counter-shock' of the mid-1980s into historical perspective. Featuring some of the most knowledgeable experts in the field, Counter-Shock offers a balanced approach between the global picture and local study cases. In particular, it highlights the crucial interaction between the oil counter-shock and the political `counterrevolution' against state intervention in economic management, put forward by Ronald Reagan and Margaret Thatcher in the same period.
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53.92 USD

Counter-shock: The Oil Counter-Revolution of the 1980s

Paperback / softback
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This book argues for the reconsideration of Frank Knight and the Chicago School of Economic thought in a post-Financial Crisis world. The author posits that the discussion of the founder of Knightian Uncertainty can reveal new insights into what the economy can do for society, as his prophetic insights can ...
Frank H. Knight: Prophet of Freedom
This book argues for the reconsideration of Frank Knight and the Chicago School of Economic thought in a post-Financial Crisis world. The author posits that the discussion of the founder of Knightian Uncertainty can reveal new insights into what the economy can do for society, as his prophetic insights can offer a view into the soul of the modern economy. The book first considers Frank Knight's early history and the unfolding of his economic philosophy before going on to evaluate his enduring legacy. All those interested in the influence of political and religious philosophy on economics will be delighted to discover the lasting impact of this great economic thinker.
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94.490000 USD

Frank H. Knight: Prophet of Freedom

by David Cowan
Paperback / softback
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