Business, Finance & Law Books
University of Chicago Press The Structure of Wages An International
Book SynopsisExamining linked employer-employee data across countries, this book analyzes labor trends and their institutional background in the United States and eight European countries. It is suitable for economists and those working in industrial organizations.
£117.80
University of Chicago Press Inflation Disinflation The Israeli Experiment
Book SynopsisDuring the early 1980s, Israel's inflation rate rose to almost 500% per yearone of the highest inflation rates in the developed world. In 1985, the Israeli government implemented a program that immediately reduced inflation to 15%-20%, where it remained for the rest of the decade. How did the economy deal with these major changes so rapidly and successfully? In these eighteen articles, Leonardo Leiderman discusses why the Israeli plan worked and considers how other countries might benefit from similar policies. Even though standard economic models predict that output will drop and unemployment will rise during disinflation, Israel saw a boom in private consumption and large increases in real wages that lasted for about three years. To understand how the effects of Israeli disinflation policies defied typical expectations, Leiderman investigates how monetary fiscal policy determined Israel's runaway inflation and how the country brought its economy abruptly under control. He finds that rates of inflation and consumption depend on the public's expectations about future fiscal adjustments and that foreign trade shocks do not inevitably lead to a long-term rise in the inflation rate. His illumination of international trade and domestic policies, past and present, will interest academic economists and policymakers alike.
£81.26
The University of Chicago Press The Angel in the Marketplace Adwoman Jean Wade
Book SynopsisThe popular image of a mid-century ad woman is of a feisty girl beating men at their own game, a female Horatio Alger protagonist battling her way through the sexist workplace. But before the fictional rise of Peggy Olson or the real-life stories of Patricia Tierney and Jane Maas came Jean Wade Rindlaub: a female powerbroker who used her considerable success in the workplace to encourage other women--to stick to their kitchens. The Angel in the Marketplace is the story of one of America's most accomplished advertising executives. It is also the story of how advertisers like Rindlaub sold a postwar American dream of capitalism and a Christian corporate order. Rindlaub was responsible for award-winning, mega sales-generating advertisements for all things domestic, including Oneida Silverware, Betty Crocker Cake Mix, Campbell's Soup, and Chiquita Bananas. Her success largely came from embracing, rather than subverting, the cultural expectations of women. She believed her responsibility Trade Review“Wayland-Smith’s lively history tells the unusual story of pioneering adwoman Jean Wade Rindlaub, who climbed the ladder from secretary to executive in the mid-twentieth century. Wayland-Smith insightfully shows how Rindlaub touted motherhood, home, love, and Christian service as the cornerstones of the free market and free world, but how late in life she became a campaigner for social justice. The Angel in the Marketplace illuminates one woman’s journey from advocating traditional notions of women’s place and the benefits of capitalism to questioning the underlying message of the ads she produced.” -- Kathy Peiss, author of Hope in a Jar: The Making of America's Beauty Culture“The Angel in the Marketplace is a deeply researched history of the American advertising industry told through the life of Jean Wade Rindlaub. It is a portrait of a prolific lady and her eye-catching ads that promoted cutlery, makeup, soaps, and cake mixes to Americans. Wayland-Smith captures the synergy between corporate capitalism and Christianity that animated the world of Madison Avenue ad women and men of the twentieth century. This talented writer delivers sharp analysis of consumer culture from colorful stories of ‘copy’ she has excavated from the archives.” -- Michelle Nickerson, author of Mothers of Conservatism: Women and the Postwar RightTable of ContentsIntroduction: Odd Adman Out: Who Was Jean Wade Rindlaub? Chapter 1: A Tale of Two Gospels Chapter 2: The Angel in the Marketplace Chapter 3: A Clean Rinse and a Fresh Start: The Magic of Soap Chapter 4: Of Makeovers and Movie Stars Chapter 5: Community Is Correct Chapter 6: Back Home for Keeps Chapter 7: Believe in Betty Crocker Chapter 8: The “New Togetherness,” or How Adwomen Learned to Man Up Chapter 9: The Liking of Ike: Television, Anticommunism, and Magical Thinking Chapter 10: The Power of Positive Thinking Chapter 11: Chiquita Banana and the Politics of Kitsch Chapter 12: A Second Look at the Second Sex Epilogue: The Service Ideal, Revisited Acknowledgments Notes Index
£24.70
The University of Chicago Press Trams or Tailfins Public and Private Prosperity
Book SynopsisIn the years that followed World War II, both the United States and the newly formed West German republic had an opportunity to remake their economies. This book takes a comparative look at the development of postwar mass consumption in West Germany and the United States and the emergence of discrete consumer modernities.Trade Review"Jan L. Logemann provides an outstanding contribution to the history of consumption that will be an important read for scholars of European and American history. Trams or Tailfins? is an excellent model for how consumer history can be embedded within the history of public policy." (Katherine Pence, Baruch College, City University of New York)"
£42.75
The University of Chicago Press Are Predatory Commitments Credible Who Should
Book SynopsisPredatory pricing has long been a contentious issue among lawmakers and economists. Legal actions are continually brought against companies. But the question remains: how likely are firms to cut prices in order to drive rivals out of business? This text makes an analysis of this topic.Table of ContentsPreface 1. The Debate on Predation 2. Reputational Models of Predation: Testing the Assumptions 3. Nonprofit Objectives and Credible Commitments: What Does This Imply for Government Enterprises? 4. Are Government or Private Enterprises More Likely to Engage in Predatory Behavior? Some International Evidence 5. What Happens When the Victims Have Better Information Than the Predators? 6. Some Final Thoughts Appendixes A. Explaining the Framework Used to Evaluate the Legitimacy of Anti-dumping Cases B. Data Appendix C. Analyzing How the Profitability of Entry Deterrence Is Affected by the Possibility of Trading Profits Notes References Index
£38.00
The University of Chicago Press Wages and Labor Markets in the United States 18201860 National Bureau of Economic Research Series on LongTerm Factors in Economi
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£38.00
The University of Chicago Press Palma Africana
Book SynopsisIn his usual incantatory style, Taussig takes on palm oil, one of the most perniciously exploitative commodities in our world today.
£24.00
The University of Chicago Press A History of the Federal Reserve Volume 1
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£28.50
The University of Chicago Press Orphan Trains The Story of Charles Loring Brace
Book SynopsisBookselling has evolved from an arena dominated by independent bookstores to one in which chain stores have significant market share. Yet unlike other retail industries, bookselling should be "above" questions of profit. This work investigates what drives this belief and how it is affected by the changing retail environment.Trade Review"Chain superstores, notes Laura J. Miller's fascinating new study, are the latest manifestation of a centuries-old struggle between bookselling Davids and Goliaths - a battle over where Americans actually shop versus stores with, Miller tartly notes, 'a style of retailing that Americans at least profess to miss.' " - Voice Literary Supplement"
£24.70
The University of Chicago Press Prudential Supervision What Works What Doesnt
Book SynopsisSince banking systems play a crucial role in maintaining the overall health of the economy, the adverse effects of poorly supervised systems may be quite severe. This text examines the state of prudential supervision, focusing on fundamental issues and key pragmatic concerns.
£72.20
University of Chicago Press Science Bought Sold Essays in the Economics of
Book SynopsisAlthough it has long been accepted that economics can provide tools with which to understand science, economics has shifted its focus to the economic agent as information processor. This collection of essays presents an overview of this area.
£102.60
The University of Chicago Press Parental Priorities Economic Inequality
Book SynopsisArguing that parental actions are important sources of wealth inequality, this book examines the transmission of economic status from one generation to another by constructing a model of parental preferences. It offers evidence on the intergenerational transfer of consumption, earnings and wealth.Table of ContentsList of Illustrations List of Tables Acknowledgments 1: The Argument for Parental Priorities 2: Indifference Curve Diagrams as Models of Parental Priorities 3: Two Models of Opportunity and Intergenerational Mobility 4: How Altruism Is Influenced by Economic Status 5: Taxation and Intergenerational Mobility in the Three Models 6: The Evolution of Economic Inequality in the United States 7: The Intergenerational Dynamics of Consumption, Earnings, Income, and Wealth 8: Borrowing Constraints and the Persistence of Inequality 9: The Biological Origins of Altruism 10: Classical Discussions of Altruism 11: Intergenerational Altruism and Inequality within the Family 12: Altruism and Giving beyond the Family 13: Altruism and the Principal-Agent Problem 14: Conclusions A Guide to Mathematical Notation References Index
£89.30
The University of Chicago Press The Scientific Journal
Book SynopsisA history of the rise of the scientific journal in nineteenth-century France and England.
£37.05
The University of Chicago Press Amber Waves The Extraordinary Biography of Wheat
Book SynopsisTrade Review"Relationships can be notoriously complicated, and our ancient bond with wheat is no exception. As Zabinski recounts in Amber Waves, it’s been a rocky path over the millennia, replete with heartbreak, endless drama, and even an unlikely love affair. If it hadn’t been for a capricious interloper named goatgrass mixing into wheat’s gene pool half a million years ago, our daily staple of bread—not to mention birthday cakes, mac and cheese, and pepperoni pizza—might never have existed. . . . Amber Waves nimbly segues into a socio-agro primer, providing a crash course in genetics, plant breeding, and agronomy. The author . . . also provides a fascinating retrospective on some of our lesser-known food innovators. . . . Engaging. . . . Zabinksi is a reliably optimistic guide, pointing us toward a hopeful food future. ‘As a species,’ she observes, ‘we have a stunning capacity for creativity and problem solving. Imagine if we focused all that capacity on optimizing agricultural production in the most environmentally sustainable way.’ It’s a towering opportunity for such a tiny, humble seed—but one that seems tantalizingly close to being within our grasp." * Wall Street Journal *"Wheat is a staple in the diets of cultures across the globe. But when and how did the first societies decide to consume grass seeds? Plant and soil ecologist Zabinski takes the discussion beyond history and anthropology to talk about the science of agriculture and the development of wheat production throughout the modern world. The more practical aspects of the crop are also discussed, such as why grass seeds are easier to store than other early cultivated grains. While the account focuses on wheat’s history, there is a section that concentrates on the stress of the crop for a growing population. An abundance of endnotes and references indicate an extensively researched text, while the chronological narrative reads like a biography starting with ancient people and cultivation through the modern practices of manipulating food DNA. . . . This work will appeal to lay scientists, anthropologists, and consumers who wish to know more about the science behind this common dietary staple." * Library Journal *"A pleasant . . . account of the long history of humans and wheat. . . . Zabinski notes how agricultural practices have driven social and political organization, and speculates that wheat cultivation led to militarization, as armies were used to keep laborers in the fields and to protect farmers from outside raiders. In elaborating on the interconnections between wheat production and culture, she shares some worthwhile historical tidbits, such as how the need to grow wheat across North America’s ‘wide temperature and precipitation gradients’ gave rise, in the nineteenth century, to breeding as a modern science, or how Hitler’s invasion of the Soviet Union was motivated by his desire for Ukraine’s fertile soils." * Publishers Weekly *“Deftly surveys both the biological and the social perspective in nine concise chapters, starting in deep time, with a quick summary of the evolution of plants, then moving swiftly through the first agricultural societies, the growth of city-states, the great empires of the classical and medieval world, and on into the modern era. Wheat is a silent but salient character, providing the energy needed to maintain growing concentrations of population, shaping systems of social organization needed to manage production and distribute food, and driving innovations in agriculture, such as crop rotation, irrigation, and the moldboard plow of the Middle Ages. . . . It’s clearly an open-ended story, not just a tale of how humans have used a nutritious plant, writes Zabinski, but ‘how that plant used us to take over the world.’” -- Laurence A. Marschall * Natural History *"The human relationship with wheat is the subject of Zabinski’s short book Amber Waves, which presents itself as a ‘biography’ of the grain. . . . Zabinski, a plant and soil ecologist at Montana State University, seeks to tell ‘a story of a group of grasses whose existence became complicated by its convergence with our own species and our never-ending need for more food’. The vast consumption of wheat today is linked to the fact that it is the main ingredient in so many convenience foods. If you want to satisfy hunger quickly and cheaply, the odds are that you will turn to a wheat-based food (unless you opt for potatoes, in the form of crisps or chips). You might buy a healthy wrap or an unhealthy burger or a pie or a sandwich or a slice of pizza or a tub of instant ramen or a samosa or a slice of toast or a bowl of bran flakes. Whichever choice you make, you will end up eating the same industrial wheat. No other grain comes in such a vast range of ready-to-eat foods. Yet it must have taken great perseverance and ingenuity for our Neolithic ancestors to add wheat to their diets." -- Bee Wilson * London Review of Books *"In this high-fiber read, plant ecologist Zabinski follows the evolution of wheat, from its wild origins to its highly modified existence as a staple of modern agriculture." * LitHub *"Zabinski has produced a tour de force with Amber Waves. From her work as a soil and plant ecologist at Montana State University she pulls together the fascinating biological and social history of wheat. It is a story of human ingenuity across thousands of years." -- Jenny Willan * Resurgence and Ecologist *"Wheat was among the first grains to be cultivated and it is now one of the most important staple crops in the world. In Amber Waves, Zabinski . . . tells the story of wheat from its origin, domestication, and genetic improvement, and the history of its production, processing, and trade. Moreover, Zabinski proposes that the biography of wheat is not simply the story of a crop—it is a thread in the history of humans seeking food security. . . . This story about the complex relationship between humans and crops should appeal to plant scientists in particular, and indeed the general public." * Nature Food *"For a sustainability-conscious readership, Zabinski looks at how wheat both enabled the food security necessary for civilization and created new ecological problems." * Publishers Weekly, "Spring 2020 Announcements: Science Top 10" *"Zabinski explores the history of wheat and society, and argues we must focus on optimizing agriculture in environmentally sustainable ways." * Climate & Capitalism *"Skillfully done. . . . I urge you to read Amber Waves by Zabinski, which is an excellent example of plants-and-people writing—and is also pretty good SciComm . . . " * Botany One *"The story of wheat is inextricably linked with that of humans. Zabinski’s Amber Waves tells both. In fact, the author suggests this might be the tale of how wheat used humans to take over the world. . . . Zabinski’s warm, down-to-earth style and whimsical analogies are so engaging that readers might not notice how much archaeology, soil chemistry, and molecular genetics they are absorbing. Biology students who found photosynthesis boring didn’t have Zabinski as their instructor. . . . She tosses delicious tidbits into her literary soup, such as origin stories for Turkey Red and Red Fife, formerly the dominant types of wheat grown in the United States and Canada, respectively. . . . Amber Waves would make a good text for an introductory agriculture course—and for anyone who wants to understand how today’s food is grown. Zabinski does not rail against current agricultural systems; nor does she give checklists of actions for readers to follow to become better food citizens. Instead, she starts at the beginnings of agriculture to explain why contemporary wheat has turned out the way it has, why humans now grow it as they do, and why these methods might not work so well in the future. She suggests that readers listen to the story carried in the whisper of the wheat stalks and think hard about how to make food systems more sustainable and equitable." * Issues in Science and Technology *“In a friendly and accessible style, Amber Waves rather cleverly integrates material about plant evolution and physiological processes into a narrative of the development of wheat, concentrating heavily on the early stages of the process of plant domestication, with asides into evolution, genetics, plant nutrition, gluten-related health issues, and the role of wheat in history and power politics. A balanced discussion of the Green Revolution and the future possibilities of wheat breeding bring the story up to date for anyone who wishes to learn more about the history of farming and about plants.” -- Noel Kingsbury, author of "Hybrid: The History and Science of Plant Breeding" and "Garden Flora: The Natural and Cultural History of the Plants in Your Garden"“Zabinski not only offers a biography of the multiple species known as ‘wheat’ but presents their story in the context of the rise of civilization itself.” -- Norman C. Ellstrand, author of "Sex on the Kitchen Table: The Romance of Plants and Your Food" and "Dangerous Liaisons? When Cultivated Plants Mate with Their Wild Relatives""This book is recommended to everyone who wants to discover that wheat is much more than just the basis of regular bread." * Economic Botany *"In Amber Waves, Zabinski explores how wheat has claimed this preeminent place in farmers’ fields and in our diets. A professor of plant and soil ecology, Zabinski’s gift as a science communicator shines throughout the book. Her story goes well beyond photosynthesis, plant physiology, and genetics, as she uses insights from archeology, anthropology, and politics to unravel the long, intertwining history of wheat and the human societies that have gathered, planted, harvested, and eaten wheat seeds for millennia. . . . This book makes a fine contribution to food history. Suitable for a wide audience, it shows the promise of weaving together the natural and social sciences to engage with the full complexity of humanity’s relationship to food." * Gastronomica *"Zabinski’s book is very readable, reliable, and well-substantiated in scientific and historical terms. The author succeeds in presenting the ecological, political, social, and cultural conditions that have made wheat such an important staple food." * Frankfurter Allgemeine Zeitung (translated from German) *Table of ContentsIntroduction. A Biography of Wheat? Chapter One. The Whispering of the Grasses Chapter Two. The First Encounter Chapter Three. Intertwined Lives Chapter Four. From Villages to Cities Chapter Five. Relationships Are Hard Work Chapter Six. Nurture and Nature Chapter Seven. War and Peace and Wheat Chapter Eight. Order in Chaos Chapter Nine. A Love-Hate Relationship Epilogue. An Eternal Harvest Acknowledgments Notes Bibliography Index
£21.85
The University of Chicago Press Bourgeois Dignity
Book SynopsisThe big economic story of our times is not the Great Recession. It is how China and India began to embrace neoliberal ideas of economics and attributed a sense of dignity and liberty to the bourgeoisie they had denied for so long. This book discusses seventeenth- and eighteenth-century Europe to reconsider the birth of the Industrial Revolution.Trade Review"Bourgeois Dignity is packed with ideas: a fact in every sentence, an idea on every page." (Times Higher Education) "The discussions [in Bourgeois Dignity] are intellectually serious but not academically dry or overly technical.... [An] entertaining and informative study." (National Review) "McCloskey's main argument is that when business became a suitable topic for those in the Western bourgeois class, they began to encourage economic innovations both with their money and with their supportive rhetoric. This support of the business world is what caused the growth in wealth of western nations and not in other societies or civilizations." (Chicago Tribune) "Deirdre McCloskey is an outrageously prolific and always fascinating economist and writer.... Bourgeois Dignity is only the latest chapter in what has to be one of the most interesting scholarly careers in America today." (Boston Globe)"
£19.95
The University of Chicago Press Divine Enterprise Gurus the Hindu Nationalist
Book SynopsisFocusing on the organizations and activities of Hindu ascetics and gurus, the author explores the complex interrelations among religion, the political economy of India and global capitalism. The work illustrates the pervasive presence of Hindu imagery in India's burgeoning market economy.Table of ContentsPreface Acknowledgments 1: Sumptuary Spirituality 2: Hardwar and Rishikesh: Gateway to Gods and Godmen 3: Savarkar: Nationalist Ideologue and Organizer of Hindus 4: Hindu Sangathan after Savarkar: The Vishva Hindu Parishad 5: Swami Satyamitranand: VHP Leader and Founder of Hardwar's Bharat Mata Temple 6: The Bharat Mata Temple: Satyamitranand's Candid Appraisal 7: Sivananda and the Divine Life Society 8: Arenas of Ashram Life 9: Celebrating the Birth Centenary of Gurudev Sivananda 10: Shakti ex Machina Epilogue Appendix 1 The Manav Utthan Seva Samiti Appendix 2 A Brief Account of Hardwar Bibliography Index Gallery follows page 96
£94.05
The University of Chicago Press Thinking Through Statistics
Book SynopsisA guide to using statistics properly in social science.
£29.45
University of Chicago Press Aging in the United States Japan Economic Trends
Book SynopsisWith essays on labour force participation and retirement, housing equity and the economic status of the elderly, and financing of social security and health care in the 1990s, this volume covers a broad spectrum of issues related to the economics of ageing in the United States and Japan.Table of ContentsPreface Introduction 1 Yukio Noguchi, David A. Wise. 1: Aging and Labor Force Participation: A Review of Trends and Explanations 7 Robin L. Lumsdaine, David A. Wise. 2: Social Security Benefits and the Labor Supply of the Elderly in Japan 43 Atsushi Seike, Haruo Shimada. 3: The Economic Status of the Elderly in the United States 63 Michael D. Hurd 4: Household Asset- and Wealthholdings in Japan 85 Noriyuki Takayama 5: Problems of Housing the Elderly in the United States and Japan 109 Daniel L. McFadden 6: The Cost of Aging: Public Finance Perspectives for Japan 139 Seiritsu Ogura 7: Financing Health Care for Elderly Americans in the 1990s 175 Alan M. Garber Contributors 195 Author Index 197 Subject Index 201
£58.90
The University of Chicago Press Bankers and Empire How Wall Street Colonized the
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£26.60
The University of Chicago Press The Economics of Artificial Intelligence
Book SynopsisAdvances in artificial intelligence (AI) highlight the potential of this technology to affect productivity, growth, inequality, market power, innovation, and employment. This volume seeks to set the agenda for economic research on the impact of AI. It covers four broad themes: AI as a general purpose technology; the relationships between AI, growth, jobs, and inequality; regulatory responses to changes brought on by AI; and the effects of AI on the way economic research is conducted. It explores the economic influence of machine learning, the branch of computational statistics that has driven much of the recent excitement around AI, as well as the economic impact of robotics and automation and the potential economic consequences of a still-hypothetical artificial general intelligence. The volume provides frameworks for understanding the economic impact of AI and identifies a number of open research questions. Contributors: Daron Acemoglu, Massachusetts Institute of Technology Philippe Aghion, Collège de France Ajay Agrawal, University of Toronto Susan Athey, Stanford University James Bessen, Boston University School of Law Erik Brynjolfsson, MIT Sloan School of Management Colin F. Camerer, California Institute of Technology Judith Chevalier, Yale School of Management Iain M. Cockburn, Boston University Tyler Cowen, George Mason University Jason Furman, Harvard Kennedy School Patrick Francois, University of British Columbia Alberto Galasso, University of Toronto Joshua Gans, University of Toronto Avi Goldfarb, University of Toronto Austan Goolsbee, University of Chicago Booth School of Business Rebecca Henderson, Harvard Business School Ginger Zhe Jin, University of Maryland Benjamin F. Jones, Northwestern University Charles I. Jones, Stanford University Daniel Kahneman, Princeton University Anton Korinek, Johns Hopkins University Mara Lederman, University of Toronto Hong Luo, Harvard Business School John McHale, National University of Ireland Paul R. Milgrom, Stanford University Matthew Mitchell, University of Toronto Alexander Oettl, Georgia Institute of Technology Andrea Prat, Columbia Business School Manav Raj, New York University Pascual Restrepo, Boston University Daniel Rock, MIT Sloan School of Management Jeffrey D. Sachs, Columbia University Robert Seamans, New York University Scott Stern, MIT Sloan School of Management Betsey Stevenson, University of Michigan Joseph E. Stiglitz. Columbia University Chad Syverson, University of Chicago Booth School of Business Matt Taddy, University of Chicago Booth School of Business Steven Tadelis, University of California, Berkeley Manuel Trajtenberg, Tel Aviv University Daniel Trefler, University of Toronto Catherine Tucker, MIT Sloan School of Management Hal Varian, University of California, Berkeley
£106.40
University of Chicago Press Aging Issues in the United States Japan NBER
Book SynopsisThe population base in both the USA and Japan is growing older and, as these populations age, they provoke unexamined economic consequences. This text explores those consequences, specifically four key areas including wealth and asset allocation over the life cycle, health care and reform.
£98.80
The University of Chicago Press Labor Markets and Firm Benefit Policies in Japan
Book SynopsisThis volume presents a selection of thirteen high-caliber papers addressing issues in employment practices, labor markets, and health, benefit and pension policies of the United States and Japan.
£109.25
The University of Chicago Press The Cult of Creativity
Book SynopsisA history of how, in the mid-twentieth century, we came to believe in the concept of creativity. Named a best book of 2023 by the New Yorker and a notable book of 2023 by Behavioral Scientist. Creativity is one of American society's signature values, but the idea that there is such a thing as creativityand that it can be cultivatedis surprisingly recent, entering our everyday speech in the 1950s. As Samuel W. Franklin reveals, postwar Americans created creativity, through campaigns to define and harness the power of the individual to meet the demands of American capitalism and life under the Cold War. Creativity was championed by a cluster of professionalspsychologists, engineers, and advertising peopleas a cure for the conformity and alienation they feared was stifling American ingenuity. It was touted as a force of individualism and the human spirit, a new middle-class aspiration that suited the needs of corporate America and the spirit of anticommunism. Amid increasingly rigid systems, creativity took on an air of romance; it was a more democratic quality than genius, but more rarified than mere intelligence. The term eluded clear definition, allowing all sorts of people and institutions to claim it as a solution to their problems, from corporate dullness to urban decline. Today, when creativity is constantly sought after, quantified, and maximized, Franklin's eye-opening history of the concept helps us to see what it really is, and whom it really serves. Trade Review"In Franklin’s account, creativity, the concept, popped up after the Second World War in two contexts. One was the field of psychology. Since the nineteenth century, when experimental psychology (meaning studies done with research subjects and typically in laboratory settings, rather than from an armchair) had its start, psychologists have been much given to measuring mental attributes. . . . The pages Franklin devotes to the contemporary creativity landscape are the freshest and most fun in the book." -- Louis Menand * New Yorker *"Franklin posits that 'creativity' is a concept invented in America after the Second World War, appearing primarily in two contexts: psychological research and business, each arising semi-independently, but feeding into and reinforcing each other. Humanistic psychologists—attuned to postwar anxieties about alienation and conformity—connected creativity with authenticity and self-expression. The advertising industry—the motor of consumerism—grabbed on to the term to appropriate the glamour and prestige of the artist and confer those attributes on admen and product designers. In the information age, countercultural values turned out to be entirely compatible with consumer capitalism. The difficulties that arose in defining creativity are intrinsic to the concept itself, Franklin argues, and his provocative book unpacks the history of a term whose origins are more recent than we might imagine." * New Yorker, on "Best Books of 2023" *"Where did the concept of creativity come from? And why is it valued so highly? One answer is posited by Franklin’s provocative new book. . . . Franklin cogently argues that creativity became a buzzword because it was a way to retool white-collar workers for a service economy—one that rewarded branding, research and development instead of Fordian manufacturing. . . . His book is an antidote for anyone who has sat, pen in hand, struggling to locate their 'divine muse.'" * The Economist *"As historian Franklin notes in his forthcoming book The Cult of Creativity, the concept [of creativity] gained much of its cultural currency in the mid-20th century, when executives and other leaders tried to stimulate creativity in hopes of churning out better ad spreads and new technologies. With these titans’ encouragement, Americans began to see creativity as a virtuous end in itself, buying into the promise that expanding our creative abilities could fulfill us individually and secure our collective future." * Boston Globe *"The Cult of Creativity comes at a technological turning point. The emergence of generative-AI tools has given us the option of outsourcing our brainstorming, becoming prompt engineers to idea-spitting machines. . . . In Mr. Franklin’s idealistic scenario of the future, we will redirect our energy away from producing more disruptive innovations and toward a thoughtful consideration of 'what should be produced in the first place.' World-saving ideas and technologies are still needed—whether they result from creative thinking or not—but 'the space to question the goodness of the new,' Mr. Franklin suggests, might be 'the big idea we need right now.'" * Wall Street Journal *"What Franklin leaves us with is a thought-provoking reevaluation of a celebrated societal value marbled with contradictions. All told, The Cult of Creativity is lucid, fresh and illuminating. If you need more adjectives than that, you’ll have to brainstorm them yourself." * NewCity *"Franklin challenges the notion that creativity is a trait that can be cultivated and unleashed by virtually anyone. . . . He proposes a nuanced and critical approach to the study of creativity, one that recognizes its complexity, diversity, and context-dependence. In doing so he offers a nicely written and well-researched book that casts a fresh and insightful perspective on a controversial topic. . . . Summing Up: Recommended. All readers." * CHOICE *"Franklin’s well-researched book on the young history of the word 'creativity' has simultaneously turned out to be a chronicle of the morals and values ruling post-war America – and implicitly many other Western countries. Its pleasant style and the many well-chosen quotations from the creativity literature, helped by the mildly critical tone, make for insightful and entertaining reading." * Leonardo *"As the subtitle of Franklin’s book suggests, the highly valued quality we call 'creativity'—so ubiquitous today as to seem universal and timeless—is actually quite new. Franklin tells a story of psychologists, scholars, business management 'gurus,' ad men, education policymakers, artists, and engineers who together reified creativity as immanently versatile, a trait both inherent to the individual and developable at scale. . . . It turns out the taken-for-granted virtue of creativity is yet another dubious invention of midcentury cold war and a product of academia’s collusion with industry." * Public Books *"When we let people get away with thinking that creativity is the alpha and omega of existence, or even just of the business world, we sow a garden of vices. We’ve seen corporate monsters before, but it took the cult of creativity to concoct the particular monster called Elon Musk. Franklin’s wonderful book made me understand, as never before, the forces that shaped this billionaire narcissist schmuck and not a few lesser rich schmucks as well." * The New Republic *“The Cult of Creativity is a beautifully written and well-documented account of how creativity gained the societal value it has today. Franklin reveals the powerful social construction at work behind the meaning of creativity and reminds us that such ideas have historical roots, as well as a more sinister side that should concern us all. Through engaging storylines, he builds a complex picture that is captivating to discover, piece by piece.” -- Vlad Glaveanu, author of Wonder: The Extraordinary Power of an Ordinary Experience“Celebrated and sought-after, ‘creativity’ is often presented as the magic yet ineffable elixir for fame and fortune by today’s artists, technologists, and business leaders. And yet—until Samuel Franklin’s marvelous new book—it has been little studied as a historical phenomenon. The Cult of Creativity examines how, after World War II, a fascinating ensemble of psychologists, advertising executives, and other assorted gurus attempted to explain and quantify human ingenuity. The result is an insightful and delightful exploration into how we think about technology, capitalism, and consumerism.” -- W. Patrick McCray, author of Making Art Work: How Cold War Engineers and Artists Forged a New Creative Culture“The Cult of Creativity presents an exceptionally lucid look at the various ideas, doctrines, and programs behind the concept of creativity. Through keen analysis, Franklin brings together scholarship from a range of sources to frame this powerful social and cultural critique.” -- Howard Brick, author of Transcending Capitalism: Visions of a New Society in Modern American ThoughtTable of ContentsIntroduction 1 Between the Commonplace and the Sublime 2 The Birth of Brainstorming 3 Creativity as Self-Actualization 4 Synectics at the Shoe 5 The Creative Child 6 Revolution on Madison Avenue 7 Creativity Is Dead . . . 8 From Progress to Creativity 9 Long Live Creativity Conclusion: What Is to Be Done? Acknowledgments Notes Index
£19.00
University of Chicago Press Out of Stock The Warehouse in the History of
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£86.45
University of Chicago Press International Comparisons of Household Saving
Book SynopsisTo aid understanding of why saving rates differ across countries, this volume provides analyses of patterns of household saving behaviour in the G7 nations, except France. Micro data sets within each country and statistics on patterns of saving by age, income and other factors are included.Table of ContentsAcknowledgments Introduction 1 James M. Poterba 1: Household Data on Saving Behavior in Canada 11 John B. Burbidge, James B. Davies. 2: Personal Saving in the United States 57 Orazio P. Attanasio 3: Household Saving Behavior in Japan 125 Noriyuki Takayama, Yukinobu Kitamura. 4: Household Saving Behavior in the United Kingdom 169 James Banks, Richard Blundell. 5: Savings in Germany - Part 2: Behavior 207 Axel Borsch-Supan 6: Personal Saving in Italy 237 Tullio Jappelli, Marco Pagano. Contributors 269 Author Index 271 Subject Index 273
£66.50
The University of Chicago Press Fiscal Institutions Fiscal Performance NBER
Book SynopsisAn overview of the political and economic issues involved in the formation of budget deficits. The text brings together theoretical models, empirical evidence and case studies to analyze the effect of political institutions, fiscal regulations, and policy decisions on accumulating deficits.
£72.20
The University of Chicago Press The New Institutionalism in Organizational
Book Synopsis
£35.15
The University of Chicago Press From Here to Free Trade Essays in PostUruguay
Book SynopsisAn analysis of international trade and investment in the 1990s. The text lays out a US trade strategy for the future, examines the influence of the World Trade Organization, argues for and against economic globalization, and offers a critique of US multilateral and regional free trade.
£28.50
The University of Chicago Press The Economy of Modern Israel Malaise and Promise Emersion Emergent Village resources for communities of faith
Book SynopsisIn this up-to-date study of the Israeli economy, Assaf Razin and Efraim Sadka cover the entire economic history of the state, focusing on links between Israel's economic growth, its integration into world markets, its tax and welfare systems, and the political conflicts in the Middle East. The authors present the first detailed economic analysis of the Palestinian uprising, showing how the unrest has led to a fall in Arab employment in Israel and serious economic loss to the occupied territories with some loss to Israel. They also examine how the uprising has affected Israel's financial standing internationally and the inflow of foreign aid. Razin and Sadka see promise for Israel's economy in the waves of immigration from the former Soviet Union, despite the current difficulties in absorbing the immigrants; in the coexistence of a flourishing and highly competitive private sector with a relatively large public sector, which is undergoing privatization; and in a tax structure that encou
£999.99
The University of Chicago Press Economics The Culture of a Controversial Science
Book SynopsisThe insecurity of the economist's status has driven those in the field to continually redefine its scope, methods, and content. This text appraises different arguments and demonstrates how they have influenced both economists' behaviour and public esteem for the profession.
£28.50
The University of Chicago Press Merchants of Medicines The Commerce and Coercion
Book SynopsisTrade Review"A multifaceted insight into how medicines bound together British military forces, colonial territories, manufacturing, and trade during the long eighteenth century. . . . Balanced by a nuanced consideration of the many meanings of medicines—from symbols of health and hope to tools of coercion." * American Historical Review *“Drawing on important and underused archival sources, this book is essential reading for historians of medicine, pharmacy, empire, and trade. The publication is beautifully produced, with well-designed maps and carefully chosen images. It is superb example of how ledgers, letters, accounts and government records can be utilized to build an intricate picture of how merchants made (and lost) money from a trade inextricably linked to the growth of empire and exploitation.” * British Society for the History of Medicine *“A compelling and nuanced account of the emergence of the transatlantic infrastructure that both prompted and was prompted by the circulation of chemical and natural medicine from the United Kingdom to its growing colonial empire. . . . [Dorner] compellingly documents the rise of the global medical marketplace, its complicity with the rise of modern capitalism, and the technological and fiscal infrastructures that continue to support multinational corporate medicine.” * The Year’s Work in Critical and Cultural Theory *"Excellent. . . In five wide-ranging and densely researched chapters, Dorner lays bare the links between health, power, and violence that permeated the development of the nation’s imperial trade in medicine. . . . Merchants of Medicines provides an original analysis of eighteenth-century globalization that is dispiriting but rings horribly true." * British Journal for the History of Science *“Meticulously researched, methodologically innovative, and brilliantly argued, Merchants of Medicines is a masterful work that places the medicinal trade at the center of the emergence of modern ideas about empire, disease, healthcare, race, and corporeality in the eighteenth century. Dorner demonstrates how a previously overlooked profit-driven network of apothecaries, financiers, surgeons, planters, and drug traders was determinant in shaping the new political-economic models, based on exploitative labor and ideas about the universal nature of disease, that sustained the violent webs of the British empire and its slave societies. This book breaks new ground.” * Pablo Gómez, University of Wisconsin *“Merchants of Medicines is an ambitious, learned, and skillful reinterpretation of eighteenth- century British pharmaceuticals in their global contexts. Dorner elegantly recasts the story of medicine in the early modern Atlantic world as one fundamentally located in the world of commerce.” * Benjamin Siegel, Boston University *"An engaging work that intricately interweaves medical history, economic history, and imperial history, this book will greatly interest students of early modern Britain." * Choice *"Merchants of Medicine tracks medicines manufactured in England, shipped to colonial outposts in North America, the Caribbean and India, and administered, by consent or coercion, to laboring populations. Dorner’s study connects the histories of capitalism and empire to those of science and medicine, treating manufactured medicines as commodities for long-distance trade." * Eighteenth-Century Studies *"A fascinating account of how the medicine industry in its eighteenth-century form became embedded in nearly every aspect of the imperial economy." * Journal of the Southern Association for the History of Medicine and Science *"Dorner's argument is built on a rich set of archival sources, including petition ledgers, account books, tax records, recipes, insurance policies, contracts and correspondence. . . . Merchants of Medicines draws together histories of medicine, capitalism, race and empire; histories that are by nature inseparable. Through their interactions, Dorner shows how slavery, warfare, resource extraction and financial institutions influenced the trade in medicines, resulting in wider changes in perceptions about the role of medicines in everyday life. This book is a welcome addition to conversations concerning the early political economy of medicine, race in early modern empire and the rise of capitalism." * Social History of Medicine *"In this well-researched and solidly crafted monograph, Dorner brings together three disparate literatures—the new history of capitalism, histories of empire, and the history of medicine. . . . Capitalism as a set of logics and practices, Dorner ably shows, helped to mold the most fundamental logics of British medicine." * Journal of Interdisciplinary History *"A very detailed, textured and deep study of the history of Britain’s drug markets and its imperial drugs trade. . . . What is original and unique about this book is that it shows that Britain’s domestic financial market and its empire created a new regime of production, distribution, and selling of drugs in the eighteenth century across the Atlantic and the Indian oceans." * Metascience *"Drawing on an impressive array of primary sources, Dorner weaves together the histories of successful apothecaries and merchants in London and North America with those of plantation owners, Royal Navy officers, and East India Company directors. Ultimately, this allows him to illustrate that these imperial actors considered medicines to be central to maintaining and restoring the health of large groups of people – enslaved people, soldiers, and sailors – whose ability to work was a necessary condition in the construction and operation of empire. Furthermore, the book shows that choosing these new medicines over others had more to do with commercial expediency than with well-defined medical ideas. . . . While the book’s overarching narrative is one of modernization, one in which commercial activity reached a global scale and technology became increasingly complex, this outcome is not presented as inevitable. Dorner offers a historical narrative that emphasizes the roots of the world in which we live." * Ambix: The Journal of the Society for the History of Alchemy and Chemistry *Table of ContentsList of Figures and Tables Introduction 1 Toward an Industry 2 Distance’s Remedies 3 The Possibility of Unfree Markets 4 Pine Trees and Profits 5 Self-Sufficiency in a Bottle Conclusion Acknowledgments Notes Bibliography Index
£41.80
University of Chicago Press Striking a Balance Paper Making National Economic
Book SynopsisThe language of economic policy is as familiar as the daily newspapertax cuts, the prime rate, monetarism, deregulation, the balance of paymentsbut how well do we understand it? Too often, the reasoning and the difficult choices that lead to economic policies are hidden from nonexperts in a fog of statistics and jargon. Striking a Balance sets forth in clear, nontechnical language the principal goals of national economic policy, the instruments used to achieve these goals, and the political and economic problems arising from conflicting goals and the choice of inappropriate instruments. It is written not for economics studentsbut for the general public and for students in the related fields of public policy, journalism, and law. Unlike economics textbooks, it is not organized according to theoretical categories such as supply and demand, but around issues such as full employment and inflation. It has no ideological axe to grind and tries to present different views of controversial issues fairly. Striking a Balance benefits from the wisdom and experience of a mature economist. Albert Rees achieves the rare feat of explicating complex issues without oversimplification or trivialization.
£27.17
The University of Chicago Press Tax Policy and the Economy Volume 34
Book Synopsis
£43.20
The University of Chicago Press The Ills of Aid An Analysis of Third World
Book SynopsisIn this volume Eberhard Reusse draws on his 30 years experience with international development aid programmes to diagnose the problems afflicting these programs and to suggest ways of improving them.Trade Review"A powerful analysis of what is going wrong in international development assistance.... It should be read by all who are engaged in development work in governmental or non-governmental institutions and organizations." - Development and Cooperation
£34.63
The University of Chicago Press Medical Monopoly
Book SynopsisDuring most of the nineteenth century, physicians and pharmacists alike considered medical patenting and the use of trademarks by drug manufacturers unethical forms of monopoly; physicians who prescribed patented drugs could be, and were, ostracized from the medical community. In the decades following the Civil War, however, complex changes in patent and trademark law intersected with the changing sensibilities of both physicians and pharmacists to make intellectual property rights in drug manufacturing scientifically and ethically legitimate. By World War I, patented and trademarked drugs had become essential to the practice of good medicine, aiding in the rise of the American pharmaceutical industry and forever altering the course of medicine. Drawing on a wealth of previously unused archival material, Medical Monopoly combines legal, medical, and business history to offer a sweeping new interpretation of the origins of the complex and often troubling relationship between the phaTrade Review"Immensely informative." * New York Review of Books *"Gabriel’s brilliant account of patent and trademark law and use is the first comprehensive attempt to integrate the history of pharmaceuticals . . . in the wider setting of economic history and intellectual property law history and represents a milestone in that respect." * Isis *"In his thought-provoking and well-researched book, Gabriel explores the evolution of patenting, and to a lesser extent, trademark registration, in the American pharmaceutical industry. It is a fascinating and timely contribution." * EH.net *"To legal historians interested in the regulatory state and corporate capitalism, Gabriel's well researched book offers new insight into monopoly as an analytic category and antimonopoly sentiment as a driver for law and policy. Gabriel also provides a unique perspective on the development of modem intellectual property, a story not previously told from the viewpoint of pharmacists and travelling drug salesmen." * Law & History Review *"This fascinating book serves as a pointed reminder that the sources of therapeutic rationale are just as much tied to the production and regulation of therapies as the collective decision-making on ethical practice." * New Books in Medicine *"Medical Monopoly: Intellectual Property Rights and the Origins of the Modern Pharmaceutical Industry, by historian of medicine and the biomedical sciences Joseph M.Gabriel, is a significant and beautifully written book. By linking the study of patenting and other monopolistic practices in the pharmaceutical industry, such as trademarks, to the history of therapeutic reform, it makes an original and valuable contribution to the historiography in a variety of fields, from intellectual property to therapeutic reform, medical ethics, and the pharmaceutical industry. Medical Monopoly is therefore of relevance to a broad range of scholars, but also to clinicians, bioethicists, and the wider public concerned by the power of companies and the potential for conflicts of interest within modern medicine." * Bulletin of the History of Medicine *"Gabriel’s study of the early pharmaceutical industry in the U.S. is an outstanding addition to new literature. To illustrate this complex argument, Gabriel does a superb job of weaving together broad trends in patent, trademark, and antitrust law with the evolution of drug manufacturing and medical practice. The book is packed with fascinating case studies of products and their makers. Like a skilled ethnographer, Gabriel is more intent on reconstructing how past actors conceived of their actions than passing judgment on them. Paying careful and fruitful attention to “the relationship between names and things,” he avoids oversimplifying the motives of makers, prescribers, and users of drugs. Gabriel rewrites not only the history of the pharmaceutical industry but that of American medicine as well. Specialists in the history of medicine, science, and technology will appreciate his work for the fresh perspective he provides on familiar subjects. Specialists in health care policy and public health will find useful insights into contemporary debates over bioequivalence and its global implications. Finally, historians of intellectual property rights will find much to interest them in this book." * The American Historical Review *“In this important new book, Gabriel traces the surprisingly dynamic relationship between intellectual property and the economics and politics of the pharmaceutical industry. Medical Monopoly narrates the formation and reorganization of the ‘ethical pharmaceutical industry’ in the nineteenth and early twentieth centuries around questions of patents, trademarks, and a series of mutually defining alliances made between the medical profession and the modern pharmaceutical enterprise. Gabriel’s research in preparation for this volume has been meticulous, and his narrative pacing will help audiences from many different fields engage with the provocative story he has to tell. The resultant work is an elegant demonstration of the power of historical analysis in understanding the present-day connections between patents, trademarks, medical science, and the marketplace, with substantial implications for contemporary policy and practice.” -- Jeremy A. Greene, Johns Hopkins University School of Medicine“In this lively account, Gabriel takes us back to the nineteenth and early twentieth centuries to explore the early histories of the manufacturing, marketing, patenting, and regulation of drugs and their roles in transforming the practice of American medicine. Marrying a keen eye for detail with attention to the larger picture, Gabriel explores the tensions between beneficence and business in the emergent pharmaceutical industry. This meticulously researched book establishes Gabriel as one of the nation’s experts on the pharmaco-medical enterprise in America from the early Republic to the Progressive Era.” -- Elizabeth Watkins, University of California, San Francisco“Medical Monopoly is a fascinating book about the history of intellectual property (IP) rights in pharmaceuticals. Gabriel traces the role that patents and trademarks played in the development of the pharmaceutical industry, explores the question of whether IP rights promoted research and development, and identifies the changing attitudes of physicians and scientists to the propriety of patenting drugs. The book reaches a number of conclusions that are surprising to the contemporary student of both IP and pharmaceuticals, and Gabriel does a nice job of marshaling the massive amount of evidence he uncovered into a chronological narrative. This important work will be of interest to historians of patents and trademarks; to historians of medicine, science, and technology; and to scholars of contemporary IP and science policy.” -- Catherine Fisk, University of California, IrvineTable of ContentsA Note about Terms Introduction 1 Medical Science and Property Rights in the Early Republic 2 Monopoly and Ethics in the Antebellum Years 3 In the Shadow of War 4 Therapeutic Reform and the Reinterpretation of Monopoly 5 The Ambiguities of Abundance 6 The Embrace of Intellectual Property Conclusion: The Promise of ReformAcknowledgments Archival Collections ConsultedNotes Index
£24.70
The University of Chicago Press After Redlining The Urban Reinvestment Movement
Book SynopsisFocusing on Chicago's West Side, After Redlining illuminates how urban activists were able to change banks' behavior to support investment in communities that they had once abandoned. American banks, to their eternal discredit, long played a key role in disenfranchising nonwhite urbanites and, through redlining, blighting the very city neighborhoods that needed the most investment. Banks long showed little compunction in aiding and abetting blockbusting, discrimination, and outright theft from nonwhites. They denied funds to entire neighborhoods or actively exploited them, to the benefit of suburban whitesan economic white flight to sharpen the pain caused by the demographic one. And yet, the dynamic between banks and urban communities was not static, and positive urban development, supported by banks, became possible. In After Redlining, Rebecca K. Marchiel illuminates how, exactly, urban activists were able to change some banks' behavior to support investment in communities thaTrade Review“Recommended. This engaging book describes the successes and failures of energetic and committed neighborhood reconstruction activists. . . Marchiel’s compelling story of heroic activists fairly appraises the NPA, making this a useful text for activists and scholars in urban studies and financial market studies.” * Choice *"Deeply researched. . . Marchiel’s narrative paints the picture of a remarkably powerful national reinvestment campaign against an almost unstoppable force of ever more inventive flows of capital. . . . Marchiel has written an important history that not only portends contemporary financialization but also offers a glimpse into the tactics and strategies to challenge it." * Public Books *"Marchiel has written an important history that not only portends contemporary financialization but also offers a glimpse into the tactics and strategies to challenge it." * Public Books *"After Redlining offers illuminating correctives to falsehoods advanced by the powerful. . . After Redlining joins the ranks of scholarly histories highlighting Chicago as the imperfect locus of grassroots, multiracial, multiethnic activist organizations that changed the status quo of their time in ways that still ameliorate aspects of our unjust present. What is more, Marchiel’s account of the reinvestment movement’s go-bigger-or-go-home strategy offers a relevant historical perspective to contemporary activists who face, along with the communities for whom they advocate, a treacherously uncertain future." * South Side Weekly *“The role of financial institutions in the segregation of urban America has been the subject of important recent works, but we still have much to learn about how citizens and activists challenged discrimination and exploitation by the banks. After Redlining not only fills that gap but challenges our understanding of the history of race, finance, and inequality. Marchiel’s compelling story will leave many readers shaking their heads in frustration at the comparative lack of grassroots activism against financial discrimination and predation today, while at the same time inspired by the tenacity, savvy, and ingenuity of the organizers who fill its pages.” * Andrew W. Kahrl, author of The Land Was Ours: How Black Beaches Became White Wealth in the Coastal South *“After Redlining is a compelling and revelatory history of community activism, American banking, and the politics of inequality. Marchiel details how common-sense ideas about place, power, and economic fairness informed the work of ‘grassroots financial regulators’ who altered the national urban policy landscape, all the while moving seamlessly between rich local stories, Washington, DC, and a seismic restructuring of financial markets that undercut progressive reform. Essential reading on the persistent tension between finance and democracy in American history.” * David Freund, author of Colored Property: State Policy and White Racial Politics in Suburban America *"Discusses the relationship between urban community groups and their financial institutions during the last third of the twentieth century, presenting the story of the reinvestment movement’s lead organization in Chicago, the National People’s Action (NPA), and its impact on federal urban and banking policy." * Journal of Economic Literature *"Marchiel describes the efforts of a Saul Alinsky-inspired multiracial coalition of US low- and moderate-income city residents to combat the effects of redlining... [and finds] that these efforts inspired national action..." * Law & Social Inquiry *"After Redlining stands as a case study of populist activism that remains salient to a twenty-first-century audience because urban majorities still face the same issues and concerns, from access to mortgage credit and local banking services to general ideas about urban equity. It stands as an important if limited focus on the potential local neighborhood activism still has to channel hope for a progressive and egalitarian future in late capitalist America. It should interest scholars and teachers of twentieth-century America as well as urban studies generally." * Journal of Illinois State Historical Society *Table of ContentsIntroduction. Neighborhoods First Chapter 1. Beyond the Backlash: Organizing against Real Estate Abuse in a “Transitional” Urban Neighborhood Chapter 2. The FHA in the City: Red Lines and the Origins of the Urban Reinvestment Movement Chapter 3. It’s Our Money: Defending Financial Common Sense in a Collapsing New Deal Order Chapter 4. Communities Must Be Vigilant: The Financial Turn in National Urban Policy Chapter 5. Reinvestment for Whom? The Limits of Bank-Led Reinvestment Chapter 6. Let’s Make the Market Work for Us: The Lost Fight for Credit Allocation and the Rise of Community-Bank Partnerships Conclusion Acknowledgments List of Abbreviations for Archival Collections Notes Index
£52.72
The University of Chicago Press Contrasting Styles of Industrial Reform China and
Book SynopsisSince World War II, China has had a command economy administered under a dictatorship, while India's democracy has introduced a highly regulated economy. Despite obvious differences in their political systems, each country endured remarkably similar economic problems with respect to industry during the 1960s and 1970s. Both embarked in the 1980s on a series of industrial reforms designed to improve technology and efficiency in the use of resources, as well as to stimulate industrial growth in the face of declining productivity. For economists, the two countries offer an interesting test case for examining similar reform programs launched from disparate political and economic systems. For policymakers concerned with the region's stability, a clear view of the economic futures of these two major powers is paramount. Examining and comparing the reform experiences of China and India up to the present, George Rosen shows that although China enacted more sweeping reform measures and produced
£47.50
The University of Chicago Press From MarketPlaces to a Market Economy
a huge range and FREE tracked UK delivery on ALL orders.
£66.50
The University of Chicago Press The Mismeasure of Progress
Book SynopsisTrade Review"The reader comes away persuaded that GNP, although an imperfect summary indicator of the state of an economy, plays an outsize role in contemporary conceptions of economic policy and performance." * Foreign Affairs *“This book asks a profoundly important question: What counts as progress? Since the mid-twentieth century, the answer has been the narrow one: economic growth as measured by GDP. Although there have been genuine gains from higher incomes and innovation, this has undermined progress by undervaluing many kinds of work, increasing inequality to a socially intolerable degree, and hastening climate change and environmental degradation. Macekura argues convincingly that we need a better future and better measures.” -- Diane Coyle, University of Cambridge“The Mismeasure of Progress is a highly readable and informative book about the champions and critics of the idea of economic growth over the last several decades. Macekura writes with the kind of urgency and engagé spirit that makes this book not only good scholarship but an important public intervention.” -- Quinn Slobodian, Wellesley College"What he brings is a unified story about the critics of GDP and the System of National Accounts told from the 1940s on, and particularly including the perspective of the economists and statisticians working on or in developing economies.” * Enlightened Economist *"Macekura does an impressive job surveying the critique of ‘growth as progress’ from the earliest days to the present, and then showing how it was largely ignored. His argument is beautifully written and compelling." * Survival: Global Politics and Strategy *Table of ContentsIntroduction: The Meaning and Measurement of Economic Growth 1 Standard of Living, GNP, and the Narrowing of National Statistics 2 Decolonization and the Limits of Economic Measurement 3 The Growth Critics 4 The Growth Paradigm in Crisis 5 The Search for Alternatives 6 Revival and Debate at the End of the Twentieth Century Conclusion: History, Narrative, and Contemporary Growth Critics Acknowledgments Notes Bibliography Index
£20.90
The University of Chicago Press Storycraft Second Edition
Book SynopsisJack Hart, master writing coach and former managing editor of the Oregonian, has guided several Pulitzer Prizewinning narratives to publication. Since its publication in 2011, his book Storycraft has become the definitive guide to crafting narrative nonfiction. This is the book to read to learn the art of storytelling as embodied in the work of writers such as David Grann, Mary Roach, Tracy Kidder, and John McPhee. In this new edition, Hart has expanded the book's range to delve into podcasting and has incorporated new insights from recent research into storytelling and the brain. He has also added dozens of new examples that illustrate effective narrative nonfiction. This edition of Storycraft is also paired with Wordcraft, a new incarnation of Hart's earlier book A Writer's Coach, now also available from Chicago. Trade Review"Instructive and essential, reading Storycraft is like finding the secret set of blueprints to the writer's craft. Better still, it is engaging, funny, and wise—wonderful to read and wonderful to learn from." -- Susan Orlean, Author of The Orchid Thief and The Library Book “When I think back on what I have learned about storytelling over the last 30 years, the trail of memory leads back time and again to Jack Hart. No one has done more to inspire better narrative writing in America.” -- Roy Peter Clark, author of Writing Tools“This book is a master class in narrative nonfiction, a must-read for anyone who wants to tell true stories. Whether you’re a novice writer or seasoned veteran, you will learn from Hart’s insight and examples culled from decades of coaching and editing some of the country’s best reporters. He shows us how to seek scenes, build structure, explore voices, write riveting stories—then make them sing.” -- Lane DeGregory, Tampa Bay Times Pulitzer Prize–winning journalist"It’s no small feat to make the best better. Yet Jack Hart does just that with the updated version of Storycraft. Of the scores of journalism books on my shelves, Hart’s work is among the most essential. He puts language and structure behind the mysterious process of writing, with examples that give any journalist—from student to award-winning—work to aspire to. If you’re looking for a guide that is as useful as it is inspirational, this is it." -- Jacqui Banaszynski, Pulitzer Prize–winning journalist“Jack Hart was hands-down the best narrative editor ever to work in newspapers.” -- Jon Franklin, two-time Pulitzer-Prize winner"Jack Hart is one of the country's foremost writing coaches. Generations of writers found their voices, found their stories, found their heroes, heroines and villains in the news. Under his leadership the whole news industry learned a new way of connecting with its readers. I know I did. The lessons he teaches are about storytelling, structuring, pacing, tension and conflict.These lessons are perhaps even more important now in a digital age that sometimes forgets that—without a story to tell—words, videos, graphs, graphics, emails, alerts and news bulletins are just so much noise." -- Amanda Bennett, Pulitzer Prize-winning author, investigative journalist, and editorJack Hart is to writing coaches as Bill Belichick is to football coaches: the best of all time. In Storycraft he shares what he’s learned over a lifetime of working with writers on non-fiction narratives that won nearly every major journalism prize including the Pulitzer. -- Bruce DeSilva, former Associated Press writing coachTable of ContentsPreface to the Second Edition 1 Story 2 Structure 3 Point of View 4 Voice and Style 5 Character 6 Scene 7 Action 8 Dialogue 9 Theme 10 Reporting 11 Story Narratives 12 Explanatory Narratives 13 Other Narratives 14 Ethics Acknowledgments Notes Bibliography Index
£18.00
The University of Chicago Press Do Deficits Matter
Book SynopsisAsking the question Do deficits matter?, this text answers both yes and no. Yes, because fiscal policy affects generational distribution, national saving and the level of government spending. And no, because the deficit is an inaccurate measure with little economic content.
£28.50
The University of Chicago Press Canada U.S Tax Comparisons NBERProject Reports
Book SynopsisIn the increasingly global economy, domestic tax policies have taken on a new importance for international economics. This unique volume compares the tax reform experiences of Canada and the United States, two countries with the world's largest bilateral flow of trade and investment. With the signing of the U.S.-Canada Free Trade Agreement and the tax reforms of the 1980s, there has been some harmonization of tax systems. But geographic, cultural, and political characteristics shape distinct national social policies that may impede harmonization. As the U.S. and Canadian economies become even more integrated, differences in tax systems will have important effects, in particular on the relative rates of economic growth. In this timely study, scholars from both countries show that, while the United States and Canada exhibit similar corporate tax structures and income tax systems, they have very different approaches to sales tax and social security taxes. Despite these differences, the twTable of ContentsIntroduction, William T. Alpert, John B. Shoven, and John Whalley Pressures for the Harmonization of Income Taxation between Canada and the United States, Robin Boadway and Neil Bruce Canada-U.S. Free Trade and Pressures for Tax Coordination, Roger H. Gordon Income Security via the Tax System: Canadian and American Reforms, Jonathan R. Kesselman Tax Incidence: Annual and Lifetime Perspectives in the United States and Canada, James B. Davies Tax Effects on the Cost of Capital, Kenneth J. McKenzie and Jack M. Mintz The Cost of Capital in Canada, the United States, and Japan, John B. Shoven and Michael Topper The Impact of U.S. Tax Reform on Canadian Stock Prices, Joel Slemrod Tax Aspects of Policy toward Aging Populations, Alan J. Auerbach and Laurence J. Kotlikoff Taxation and Housing Markets, James M. Poterba What Can the United States Learn from the Canadian Sales Tax Debate?, Charles E. McLure, Jr. Subnational Tax Harmonization, Canada and the United States: Intent, Results, and Consequences, Francois Vaillancourt Reflections on Canada-U.S. Tax Differences: Two Views, Richard A. Musgrave and Thomas A. Wilson
£87.40
University of Chicago Press Foreign Investment in American Telecommunications
Book SynopsisArgues that restrictions on foreign investment in US telecommunications firms have harmed American interests. Basing its analysis on legislative history, statutory and constitutional interpretation, and finance and trade theory, this book seeks to show why these restrictions should be repealed.Table of ContentsAcknowledgments About the Author 1: Beyond America's Borders 2: The Legislative History 3: The Statute 4: Ownership and Control 5: Foreign Direct Investment in the United States 6: Trade Policy 7: Free Speech 8: The 1997 World Trade Organization Agreement - and Beyond App: Selected WTO Documents Concerning Trade in Telecommunications Services Bibliography Case and Regulatory Proceeding Index Subject Index
£47.50
The University of Chicago Press Japanese Monetary Policy NBERProject Reports
Book SynopsisHow has the Bank of Japan (BOJ) helped shape Japan's economic growth during the past two decades? This book comprehensively explores the relations between financial market liberalization and BOJ policies and examines the ways in which these policies promoted economic growth in the 1980s. The authors argue that the structure of Japan's financial markets, particularly restrictions on money-market transactions and the key role of commercial banks in financing corporate investments, allowed the BOJ to influence Japan's economic success. The first two chapters provide the most in-depth English-language discussion of the BOJ's operating procedures and policymaker's views about how BOJ actions affect the Japanese business cycle. Chapter three explores the impact of the BOJ's distinctive window guidance policy on corporate investment, while chapter four looks at how monetary policy affects the term structure of interest rates in Japan. The final two chapters examine the overall effect of monetTable of ContentsIntroduction Kenneth J. Singleton 1 A Comparative Perspective on Japanese Monetary Policy: Short-Run Monetary Control and the Transmission Mechanism Kazuo Ueda 2 Market Operations in Japan: Theory and Practice Kunio Okina 3 Japanese Corporate Investment and Bank of Japan Guidance of Commercial Bank Lending Takeo Hoshi, David Scharfstein, and Kenneth J. Singleton 4 The Interest Rate Process and the Term Structure of Interest Rates in Japan John Y. Campbell and Yasushi Hamao 5 Monetary Policy and the Real Economy in Japan Hiroshi Yoshikawa 6 An Aggregate Demand-Aggregate Supply Analysis of Japanese Monetary Policy, 1973-1990 Kenneth D. West
£55.10
University of Chicago Press Suing for Medical Malpractice
Book SynopsisMedical malpractice suits today can result in multi-million-dollar settlements, and a practicing physician can pay $100,000 or more annually for malpractice insurance. Some complain that lawyers and plaintiffs are overcompensated by exorbitant judgments that add to the rising cost of health care. But there has been very little evidence to show whether these arguments are true. In this timely work, six experts in health policy, law, and medicine study nearly 200 malpractice claims to show that, contrary to popular perceptions, victims of malpractice are not overcompensated and our legal system for dealing with malpractice claims is not defective. The authors survey claims filed in Florida between 1986 and 1989 by people who suffered permanent injury or death during birth or during treatment in an emergency room. How often did illegitimate claims result in financial awards? What was the relation between the injury and the amount the patient lost economically? How much did the plaintiffs actually recover? How did the claimants choose their lawyers and what kind of relationship did they have?Contrary to common perceptions, in the majority of cases the claims were merited, and the authors found that claimants were on average substantially undercompensated--only about one-fifth of plaintiffs recovered more than their economic loss caused by injury or death. The evidence in this book suggests that placing dollar limits on malpractice cases is unjustified and that our tort system is not so faulty after all.Table of ContentsList of Tables List of Figures List of Boxes Preface Acknowledgments Ch. 1: Setting the Stage Frank A. Sloan Ch. 2: The Sample Frank A. Sloan, Penny B. Githens. Ch. 3: The Injuries, Antecedents, and Consequences Frank A. Sloan Ch. 4: Doctor-Patient Relationships Ellen Wright Clayton, Gerald B. Hickson, Penny B. Githens, Frank A. Sloan. Ch. 5: Lawyer-Client Relationships Ellen Wright Clayton, David F. Partlett. Ch. 6: Liability Gerald B. Hickson, Douglas A. Gentile, Penny B. Githens, Frank A. Sloan. Ch. 7: Cost of Injuries Frank A. Sloan, Stephen S. van Wert. Ch. 8: The Dispute Resolution Process Frank A. Sloan, Penny B. Githens, Gerald B. Hickson. Ch. 9: Compensation Frank A. Sloan, Penny B. Githens, Gerald B. Hickson, Stephen S. van Wert. Ch. 10: Policy Implications Frank A. Sloan Bibliography Index
£57.00
University of Chicago Press Business Cycles Indicators Forecasting Volume 28
Book SynopsisIn this volume, economists examine forecasting techniques developed over the past ten years, compare their performance to traditional econometric models, and discuss new methods for forecasting and time - series analysis.Table of ContentsAcknowledgments Introduction James H. Stock And Mark W. Watson 1. Twenty-Two Years Of The NBER-ASA Quarterly Economic Outlook Surveys: Aspects And Comparisons Of Forecasting Performance Victor Zarnowitz And Phillip Braun Comment: Allen Sinai 2. A Procedure For Predicting Recessions With Leading Indicators: Econometric Issues And Recent Experience James H. Stock And Mark W. Watson Comment: Kenneth F. Wallis 3. Estimating Event Probabilities From Macroeconometric Models Using Stochastic Simulation Ray C. Fair Comment: James D. Hamilton 4. A Nine Variable Probabilistic Macroeconomic Forecasting Model Christopher A. Sims Comment: Pierre Perron 5. Why Does The Paper-Bill Spread Predict Real Economic Activity? Benjamin M. Friedman And Kenneth N. Kuttner Comment: Ben S. Bernanke 6. Further Evidence On Business Cycle Duration Dependence Francis X. Diebold, Glenn D. Rudebusch, And Daniel E. Sichel Comment: Bruce E. Hansen 7. Dynamic Index Models For Large Cross Sections Danny Quah And Thomas J. Sargent Comment: John Geweke 8. Modelling Non-Linearity Over The Business Cycle Clive W.J. Granger, Timo Terdsvirta, And Heather Anderson Comment: Andrew Harvey Contributors Author Index Subject Index
£76.00
The University of Chicago Press Fighting Financial Crises Learning from the Past
Book SynopsisTrade Review"Gorton and Tallman’s historical details of the panics of the 1800s for the New York banks at the epicenter of the financial system are unequaled, based on my research. The authors have taken stories from the contemporary New York press and employed available financial data from bank reports to develop a narrative and accompanying tables that bring to life the panics of that era. These details alone make the book worthy of a place on any financial historian’s bookshelf." * Regulation: The Cato Review of Business and Government *“A vital addition to crisis literature because it compares what happened in 2008 to the ways in which US bankers dealt with panics on their own in the years before there was a Fed. . . . With illustration, analysis, and nuance on every page, Fighting Financial Crises is one hundred and fifty years better than Lombard Street." * Economic Principals *"Because crises are inevitable, it is important to understand why they occur and how to respond to them. The authors are leading authorities on the history and economics of financial crises, and thus well worth listening to. . . . Gorton and Tallman provide a clear and succinct description of the crisis, and show how fundamentally it was like the banking panics of the nineteenth and early twentieth centuries. Many books and papers have been written about financial crises, but comparatively few focus on how to fight crises. . . . Their book provides many insights and lessons about the nature of financial crises and how authorities should respond to them. Economists and financial market participants will find the book informative, and it should be mandatory reading for regulators and policymakers charged with oversight of the financial system." * Business Economics *"A copy of this book should at least be on the shelves of all economists at all central banks." * Economic History Association *“Financial crises are complex economic and political events, and a historical perspective is essential. In this book, two of our best financial historians distill the key lessons for policy makers and practitioners from the US banking crises of the nineteenth and early twentieth centuries. Their accounts of the crises are engaging and their analyses are insightful and persuasive.” -- Ben S. Bernanke, former chairman of the Federal Reserve“Those who do not study history are more likely to repeat earlier errors, particularly so in the case of financial crises. Gorton and Tallman have painstakingly recorded how US financial crises unfolded and then dissipated between 1873 and 1914, and then distilled general lessons for handling current and future crises. Besides conforming to Bagehot’s rule, they emphasize the importance of managing information in order to avoid contagion from the bank perceived as weakest, to the next weakest, and on until the whole edifice systematically collapses. Excellent history and shrewd analysis.” -- Charles A. E. Goodhart, London School of Economics“History matters, including financial history. During the recent crisis, those of us then running the Bank of England introduced a course on the history of crises for our core staff. Although I don’t agree with every one of its conclusions and prescriptions, I dearly wish we had had this book to hand then! Policy makers need more books like it, and to follow the example of Gordon and Tallman in taking insights from the past seriously.” -- Paul Tucker, former deputy governor of the Bank of EnglandTable of ContentsPreface 1 Fighting Financial Crises: Learning from the Past 2 The New York Clearing House Association 3 The Start of a Panic 4 What the New York Clearing House Did during National Banking Era Panics 5 Information Production and Suppression and Emergency Liquidity 6 “Too Big to Fail” before the Fed 7 Certified Checks and the Currency Premium 8 The Change in Depositors’ Beliefs during Suspension 9 Aftermath 10 What Ends a Financial Crisis? Historical Reminders 11 Modern Crises: Perspectives from History 12 Guiding Principles for Fighting Crises Appendixes Notes References Index
£29.45
The University of Chicago Press Law and the Economy in a Young Democracy India
Book SynopsisTrade Review"This book is well researched and lucid and includes thoughtful commentary on the nexus between colonial institutions, contemporary political and economic pressures, and the underinvestment in India’s current legal infrastructure. Recommended." * Choice *"This book is an excellent work that attempts to grasp the interaction between laws and the economy in India. It outlines not only how certain laws have affected India's path of development, but also how certain laws were introduced and amended in response to a changing political and economic environment. This book provides a robust economic history of India written from the viewpoint of institutional changes." * The Developing Economies *"Roy and Swamy argue that legal evolution in independent India has been shaped by three factors: the desire to reduce inequality and poverty; the suspicion that market activity—both domestic and international—can be detrimental to these goals; and the strengthening of Indian democracy over time, giving voice to a growing faction of society, including the poor. Weaving the story of India’s heralded economic transformation with its social and political history, they conclude that inadequate legal infrastructure has been a key impediment to the country’s economic growth." * Law & Social Inquiry *"A great overview of post-independence legal developments in India, and their effects on economic activity. It should be required reading for anyone interested in India’s recent economic history." * EH.net *"This book's conclusions are sobering and important. Immensely readable, clear-headed, and compelling, it is a wide-ranging account of the economic shortcomings (mostly) of Indian statute and case law, and also of the mixed impact of democracy." -- Peter Robb, SOAS University of London, author of Agrarian Development in Colonial India: the British and Bihar"Many works have studied the impact imperial institutions had on the economies and legal systems of ex-colonies, but the analysis is usually carried out at the level of aggregate outcomes. Rarely, though, do we get to see how these relationships survived the political change at independence, nor how they persist in postindependence politics. With this book we do, and the connections—among politics, the legal system, the legacy of colonial institutions, and economic endowments and outcomes—all become clear in vivid detail. Roy and Swamy manage to do all that, yet they never lose sight of the big picture—a real achievement." -- Philip T. Hoffman, California Institute of Technology"Roy and Swamy succinctly capture the effects of the lag between policy change and changes in the relevant Indian law since colonial times. Their book provides a contrasting historiography of how the persistence of primacy to social and political stability factors led to conservative legislations in the spheres of land, property, and credit, as opposed to a more proactive stance in commerce since the times of the British Raj. It subtly captures how the framing of property rights around religion brought about conflicts between equality and freedom and led to our current struggles to attain caste and gender equality in matters of property. They offer fascinating analysis of the consequences of unequal land reforms, the momentum of eminent domain issues during the liberalization years, and the changing trajectory of the Supreme Court." -- P. G. Babu, director, Madras Institute of Development StudiesTable of ContentsList of Illustrations Chapter 1. Introduction Chapter 2. Land Rights: Equity versus Transferability? Chapter 3. Rural Credit: Overreliance on Law Chapter 4. Democratic Rights and the Limits of Eminent Domain Chapter 5. Environmental Law: Judiciary Takes Center Stage Chapter 6. Law in a Labor-Surplus Economy Chapter 7. Politicians’ Burden? The Evolution of Company Law Chapter 8. Globalization with a Nationalist Face: Mergers, Acquisitions, and Intellectual Property Chapter 9. Property: Equity versus Religious Norms Chapter 10. Conclusion Acknowledgments Notes Bibliography Index
£38.00
