Business, Finance & Law Books

Book SynopsisThe papers in this volume analyze the deployment of Big Data to solve both existing and novel challenges in economic measurement. The existing infrastructure for the production of key economic statistics relies heavily on data collected through sample surveys and periodic censuses, together with administrative records generated in connection with tax administration. The increasing difficulty of obtaining survey and census responses threatens the viability of existing data collection approaches. The growing availability of new sources of Big Datasuch as scanner data on purchases, credit card transaction records, payroll information, and prices of various goods scraped from the websites of online sellershas changed the data landscape. These new sources of data hold the promise of allowing the statistical agencies to produce more accurate, more disaggregated, and more timely economic data to meet the needs of policymakers and other data users. This volume documents progress made toward thTable of ContentsPrefatory NoteIntroduction: Big Data for Twenty- First- Century Economic Statistics: The Future Is Now Katherine G. Abraham, Ron S. Jarmin, Brian C. Moyer, and Matthew D. Shapiro I. TOWARD COMPREHENSIVE USE OF BIG DATA IN ECONOMIC STATISTICS1. Reengineering Key National Economic Indicators Gabriel Ehrlich, John C. Haltiwanger, Ron S. Jarmin, David Johnson, and Matthew D. Shapiro2. Big Data in the US Consumer Price Index: Experiences and Plans Crystal G. Konny, Brendan K. Williams, and David M. Friedman3. Improving Retail Trade Data Products Using Alternative Data Sources Rebecca J. Hutchinson4. From Transaction Data to Economic Statistics: Constructing Real-Time, High-Frequency, Geographic Measures of Consumer Spending Aditya Aladangady, Shifrah Aron-Dine, Wendy Dunn, Laura Feiveson, Paul Lengermann, and Claudia Sahm5. Improving the Accuracy of Economic Measurement with Multiple Data Sources: The Case of Payroll Employment Data Tomaz Cajner, Leland D. Crane, Ryan A. Decker, Adrian Hamins-Puertolas, and Christopher Kurz II. USES OF BIG DATA FOR CLASSIFICATION6. Transforming Naturally Occurring Text Data into Economic Statistics: The Case of Online Job Vacancy Postings Arthur Turrell, Bradley Speigner, Jyldyz Djumalieva, David Copple, and James Thurgood7. Automating Response Evaluation for Franchising Questions on the 2017 Economic Census Joseph Staudt, Yifang Wei, Lisa Singh, Shawn Klimek, J. Bradford Jensen, and Andrew Baer8. Using Public Data to Generate Industrial Classification Codes John Cuffe, Sudip Bhattacharjee, Ugochukwu Etudo, Justin C. Smith, Nevada Basdeo, Nathaniel Burbank, and Shawn R. Roberts III. USES OF BIG DATA FOR SECTORAL MEASUREMENT9. Nowcasting the Local Economy: Using Yelp Data to Measure Economic Activity Edward L. Glaeser, Hyunjin Kim, and Michael Luca10. Unit Values for Import and Export Price Indexes: A Proof of Concept Don A. Fast and Susan E. Fleck11. Quantifying Productivity Growth in the Delivery of Important Episodes of Care within the Medicare Program Using Insurance Claims and Administrative Data John A. Romley, Abe Dunn, Dana Goldman, and Neeraj Sood12. Valuing Housing Services in the Era of Big Data: A User Cost Approach Leveraging Zillow Microdata Marina Gindelsky, Jeremy G. Moulton, and Scott A. Wentland IV. METHODOLOGICAL CHALLENGES AND ADVANCES13. Off to the Races: A Comparison of Machine Learning and Alternative Data for Predicting Economic Indicators Jeffrey C. Chen, Abe Dunn, Kyle Hood, Alexander Driessen, and Andrea Batch14. A Machine Learning Analysis of Seasonal and Cyclical Sales in Weekly Scanner Data Rishab Guha and Serena Ng15. Estimating the Benefits of New Products W. Erwin Diewert and Robert C. Feenstra Contributors Author Index Subject Index

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Book SynopsisFrom a leading political thinker, this book is both an invaluable playbook for meeting our current moment and a stirring reflection on the future of democracy itself.Trade Review"Political theorist Allen shrewdly analyzes how and why the US response to COVID-19 fell short, and suggests what should be done to better prepare for the next pandemic. . . . This is a trenchant call for reimagining how America functions in a time of crisis." * Publishers Weekly *"In this stirring manifesto, the renowned political theorist Allen argues that the United States’ woeful response to the COVID-19 pandemic must serve as a wake-up call for Americans to rebuild their public health infrastructure and renew their constitutional democracy." * Foreign Affairs *"In her new book, Democracy in the Time of Coronavirus, Allen argues that federalism, rather than being a problem, offers solutions to what ails democracy today. In particular, she embraces what she calls 'cooperative federalism.' . . . For Allen, cooperative federalism suggests that the federal government should focus on the big picture: setting overarching goals and identifying promising practices for how best to respond to the pandemic. In contrast, states, counties, cities, and local governments should concentrate on 'the nitty-gritty'—contact tracing, testing, treating the ill, and supporting those who are isolating." * Nation *"It’s not the first political book on the pandemic, but it’s the first I’ve taken seriously so far. . . . It takes a truly original thinker to excite the intellectual public with fresh insights on the pandemic. Allen is the political thinker the modern intelligentsia has patiently held their breath to learn from. She is among the foremost theorists on democracy so an opportunity to uncover her thoughts on how the pandemic exposed cracks in modern democratic governance is thrilling. Of course, her purpose is not to tear down democracy, but rather to discover how to repair it for the future." * Democracy Paradox *"[Allen] argues that democracies can learn from health, economic, and political crises how to reestablish social contracts and build pandemic resilience. . . This book concisely identifies the many and multivalent concerns before COVID vaccines became available—a critical period to document—and it also raises a number of provocative arguments that might form the basis for a lively reader discussion. Finally, other scholars and reformers should further consider Allen's views on social rights and integrative policy judgment." * Choice *"[Allen's] book—published during her campaign for Massachusetts governor—has an aspirational quality; it is rich with discussion of the purposes of our federal constitutional democracy, the social contract, and political legitimacy. She focuses exclusively on COVID-19 but uses the crisis to illustrate the larger problems of U.S. governance." * Boston Review *“Allen’s public life has been spent arguing for democracy, living it, teaching it. She is an exemplar of a democratic citizen, putting forth her ideas in public space for open debate and thereby encouraging us all to join her in communal democratic life.” -- Jonathan Lear, Committee on Social Thought, University of Chicago“Allen’s clear understanding of the social and political challenges to an advanced, industrial democracy that lacks foundational trust make this book an important tool in approaching the ongoing COVID-19 pandemic. It is an excellent broad-brush approach to the need for restoring our social contract.” -- Daniel P. Aldrich, author of "Building Resilience: Social Capital in Post-Disaster Recovery"“Scrutinizing our founding document, Allen sees it as a clarion call for equality.” * New York Times Book Review, Editors’ Choice, on "Our Declaration" *“Remarkable. . . . A tour de force.” * New York Review of Books, on "Our Declaration" *“A primer on all that we have been missing. . . . Invaluable.” * Washington Post, on "Our Declaration" *"Political philosopher Danielle S. Allen, Conant University Professor and, for a time, a candidate for the Democratic nomination for governor of Massachusetts, has examined the pandemic in light of America’s social and political arrangements. In Democracy in the Time of Coronavirus, Allen . . . finds deep reasons for concern." * Harvard Magazine *Table of ContentsPreface Chapter 1: Democracy in Crisis Chapter 2: Pandemic Resilience Chapter 3: Federalism Is an Asset Chapter 4: A Transformed Peace: An Agenda for Healing Our Social Contract Acknowledgments References Index

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Book SynopsisTrade Review“A fascinating, readable biography of Friedrich Hayek. . . The book punctures some long-standing myths about Hayek . . . [and] deserves a wide audience.” * The Economist *“An engrossing story . . . [and] as detailed an account of the first half of Hayek’s life as anyone could ask for.” * Literary Review *“A propulsive read. The authors are expert guides to Hayek’s intellectual evolution. . . . [but] they are also perceptive guides to Hayek’s private life. . . . Caldwell and Klausinger have triumphantly succeeded.” * Prospect *“No one is likely to repeat this feat. . . . This is the definitive Hayek for our times.” -- Robert Skidelsky * Spectator *“The story, presented here with more detail than anyone has previously unfolded, is a simple and tragic one. . . . [Hayek’s] was a spectacular achievement, but one, in the end, that could not have been made by a gregarious man of deep friendships and profound personal commitments.” * Times Literary Supplement *"Anybody curious about [Hayek] is well served by the exhaustive account written by two historians of economic thought." * New Statesman *“A gloriously detailed and thoroughly reliable account of the first half of Hayek’s life.” * London Review of Books *"The first volume of what will surely be the definitive biography of Friedrich von Hayek. . . a deeply impressive work." * Project Syndicate *"In mind-stunning detail . . . Caldwell and Klausinger tell everything about Hayek's youth you wanted to know but were afraid to ask." -- Deirdre Nansen McCloskey * Reason Magazine *"The Hayek who emerges from this text is somewhat of a charming loner who maintained distance between himself and all but a small number of individuals . . . The fullness of Caldwell and Klausinger’s picture of Hayek’s life and ideas owes much to their comprehensive study of primary sources." * Law & Liberty *"Much has been written about Hayek’s work, but Hayek: A Life, 1899-1950 by Bruce Caldwell and Hansjoerg Klausinger stands as the definitive intellectual biography of Hayek." * History of Economic Ideas *"The biography excels in the way it embeds Hayek in his familial and social setting, and it demonstrates the extent to which his work was shaped, mainly in critical response, to the major intellectual developments of his age. Caldwell and Klausinger tell the story by providing a rich context of Hayek’s intellectual endeavors, first in Vienna and subsequently in London." * Independent Review *"One of the best biographies of any economist, covers anything you might wish to know, and with conceptual understanding. This is a fantastic book." * Marginal Revolution *"Caldwell and Klausinger have created an authoritative and superbly researched biography about one of the greatest intellectuals of the twentieth century . . . Based on tireless archival work, the authors have painstakingly assembled innumerable existing details regarding Hayek’s life and scientific work from an astonishing array of sources in order to create a coherent picture of one of the most complex and intriguing social scientists. This makes the book a thoughtful work and one of the finest biographies of economists." * Journal of the History of Economic Thought *“A magnificent achievement. Caldwell and Klausinger bring Hayek alive; they also bring his world alive. This is riveting reading, taken as biography, and it’s much more than that. It casts a bright new light on Hayek’s era, and on our own.” -- Cass R. Sunstein, coauthor of 'Nudge: Improving Decisions about Health, Wealth, and Happiness'“Hayek: A Life, 1899–1950 is a triumph of both scholarship and biography. Caldwell and Klausinger have given us an instant classic, sure to stimulate and enrich debates about this most controversial, and still misunderstood, economist and social philosopher.” -- Joel Isaac, author of 'Working Knowledge: Making the Human Sciences from Parsons to Kuhn'"Admirers and opponents of Hayek alike will find much to savor in this deeply researched, sweeping biography. Even readers who well know Hayek and his times will be enlightened and enriched." -- Jennifer Burns, author of 'Goddess of the Market: Ayn Rand and the American Right'“Hayek: A Life, 1899–1950 is brilliant, comprehensive, and engaging. For any historian, social scientist, or philosopher interested in how ideas shaped the twentieth century and how the events of the twentieth century framed intellectual discourse, this is a must-read." -- Peter Boettke, author of 'Living Economics: Yesterday, Today, and Tomorrow'“By far the most careful and comprehensive treatment of his early life and works, Hayek: A Life, 1899–1950 is an invaluable resource, full of remarkable discoveries.” -- Angus Burgin, author of 'The Great Persuasion: Reinventing Free Markets since the Depression'"A profound and trustworthy biography.” * Frankfurter Allgemeine Zeitung *“A monumental biography.” * Future of Freedom Foundation *"Excellently researched . . . this biography offers exciting insights.” * Der Standard (Austria) *"As the authors state, they intended this to be the definitive biography and they have achieved this ambition." * The Enlightened Economist *"This is without any doubt an out-standing biography that should become the go-to account of Hayek’s life as an economist." * Business Economics *A 2022 Notable Book * Seminary Co-Op *"This book is in every sense a monumental undertaking, for which we should be profoundly grateful." * The Critic *"This first volume of a monumental recounting of his life and thought will contribute to establishing [Hayek] firmly as one of the principal economists of the twentieth century." * Economic Affairs *“A fascinating hybrid between personal and intellectual biography . . . the biography is a major publishing event for everyone interested in Hayek’s intellectual development . . . We can now contemplate more deeply and with greater confidence the question as to what made Hayek a prominent economist, indeed one of the most accomplished and lauded economists of the twentieth century.” * History of Economics Review *"This biography contains wonderful material for understanding both the strengths and the limits of Hayek’s thought as it developed up to 1950. It is a major contribution to Hayek studies." * The European Journal of the History of Economic Thought *"This biography is remarkably comprehensive, and is of first-rate quality. It is, for such a scholarly work, surprisingly readable, and should be a key port of call for all students interested in Hayek’s work. Just because of the complexity of Hayek’s work, and the way in which ideas in different fields are interconnected, this study seems to me equally important for those who are sympathetic towards Hayek, as well as those who wish to make effective criticisms." -- Jeremy Shearmur * Society *"Hayek: A Life is crucial read for understanding liberal economic thought in the twentieth-century and how it influenced much of the economic thinking of Cold War era conservatism and capitalism, the politics of freedom and anti-communism, and continues to be an alluring alternative to the soft centralism and managerialism of new establishment erected in the aftermath of the Cold War and War on Terror." * VoegelinView *Table of ContentsIntroduction Part I. A Viennese Youth 1. A Fin-de-Siècle Wedding 2. Family Life 3. At School 4. Austrian Politics and Anti-Semitism 5. At War Part II. A Broadening of Horizons 6. Back at Home in Postwar Austria 7. The University of Vienna 8. The Peripatetic Student: Fritz at University 9. Mises and the Geistkreis 10. Changes of Scene 11. The Trip to America Part III. The Making of an Economist 12. Return to Vienna 13. Hella Joins the Family 14. At the Institute for Business Cycle Research 15. The Young Academic Part IV. Hayek in 1930s England 16. Hayek Comes to LSE 17. The Encounter with Keynes 18. Defending Economic Theory and Interpreting Hitler 19. Socialism and Knowledge 20. Academic Life at LSE 21. The Battle for Young LSE Minds 22. Hayek and Austria 23. Domestic Affairs 24. The Hayek Family Debates Politics Part V. Fighting the Spirit of the Age 25. Liberalism: Its Adversaries and Allies 26. Hayek and London Go to War: The Abuse and Decline of Reason 27. Cambridge 28. A Sixpence Penguin Volume: The Road to The Road to Serfdom 29. Scientism and Popper 30. The Publication(s) of The Road to Serfdom Part VI. Changing Worlds 31. War’s End 32. Postwar Austria 33. Mont Pèlerin 1947 34. Hayek Looks for a Job 35. 1949—Hayek’s Annus Horribilis 36. Hayek versus Hayek Acknowledgments References Index

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Book SynopsisA penetrating analysis from one of the defining voices of contemporary economics. In Beyond Positivism, Behaviorism, and Neoinstitutionalism in Economics, Deirdre Nansen McCloskey zeroes in on the authoritarian cast of recent economics, arguing for a re-focusing on the liberated human. The behaviorist positivism fashionable in the field since the 1930s treats people from the outside. It yielded in Williamson and North a manipulative neo-institutionalism. McCloskey argues that institutions as causes are mainly temporary and intermediate, not ultimate. They are human-made, depending on words, myth, ethics, ideology, history, identity, professionalism, gossip, movies, what your mother taught you. Humans create conversations as they go, in the economy as in the rest of life. In engaging and erudite prose, McCloskey exhibits in detail the scientific failures of neo-institutionalism. She proposes a humanomics, an economics with the humans left in. Humanomics keeps theory, quantificatioTrade Review"A compact discussion of some crucial issues economists should be contemplating." * The Enlightened Economist *"Beyond Positivism [presents] a criticism and reshaping of economic thought that departs from neoinstitutionalism and other non-'humanomical' movements, promoting the ethics of liberalism as the ideal foundation for an adequate economic science." * Journal of Economic Literature *“The manuscript is a collection of writings for various forums, many reviews of others and many replies to critics. One unifying theme is a critique of neoinstitutional economics. But yet another theme is a defense of the bourgeois trilogy against its critics. This book is well worth a read.” -- Richard Langlois, University of Connecticut“This new book deepens the continuing conversation in Humanomics. It’s essentially about discovering Adam Smith and resuming a path that McCloskey has so magnificently helped to reinvigorate in the last half century.” -- Vernon Smith, Chapman University and 2002 Nobel Laureate in EconomicsTable of ContentsIntroduction The Argument in Brief Part I. Economics Is in Scientific Trouble Chapter 1. An Antique, Unethical, and Badly Measured Behaviorism Doesn’t Yield Good Economic Science or Good Politics Chapter 2. Economics Needs to Get Serious about Measuring the Economy Chapter 3. The Number of Unmeasured “Imperfections” Is Embarrassingly Long Chapter 4. Historical Economics Can Measure Them, Showing Them to Be Small Chapter 5. The Worst of Orthodox Positivism Lacks Ethics and Measurement Part II. Neoinstitutionalism Shares in the Troubles Chapter 6. Even the Best of Neoinstitutionalism Lacks Measurement Chapter 7. And “Culture,” or Mistaken History, Will Not Repair It Chapter 8. That Is, Neoinstitutionalism, Like the Rest of Behavioral Positivism, Fails as History and as Economics Chapter 9. As It Fails in Logic and in Philosophy Chapter 10. Neoinstitutionalism, in Short, Is Not a Scientific Success Part III. Humanomics Can Save the Science Chapter 11. But It’s Been Hard for Positivists to Understand Humanomics Chapter 12. Yet We Can Get a Humanomics Chapter 13. And Although We Can’t Save Private Max U Chapter 14. We Can Save an Ethical Humanomics Acknowledgments Notes Works Cited Index

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Book SynopsisAn exploration of how and why American city governments delegated the responsibility for solving urban inequality to the nonprofit sector. Nonprofits serving a range of municipal and cultural needs are now so ubiquitous in US cities, it can be difficult to envision a time when they were more limited in number, size, and influence. Turning back the clock, however, uncovers both an illuminating story of how the nonprofit sector became such a dominant force in American society, as well as a troubling one of why this growth occurred alongside persistent poverty and widening inequality. Claire Dunning's book connects these two stories in histories of race, democracy, and capitalism, revealing how the federal government funded and deputized nonprofits to help individuals in need, and in so doing avoided addressing the structural inequities that necessitated such action in the first place. Nonprofit Neighborhoods begins after World War II, when suburbanization, segregation, and deindustTrade Review“Illuminating. . . Dunning compels us to consider how promises of grassroots empowerment ended up maintaining the racialized and economic boundaries that imbricate the urban poor. . . . [She] leaves us with the dispiriting conclusion that the enlarged role of nonprofits has failed to mitigate and has even worsened urban inequality." * The Baffler *"Bold, powerful. . . [Dunning's] sober, carefully researched, and elegantly crafted book provides a salutary complication of the Tocquevillian myth that still colors much conventional thinking about the US nonprofit sector: that there is an easy and clearly intelligible congruence between democratic vitality in the United States and the nation’s rich associational life. It is difficult to read Nonprofit Neighborhoods without one’s faith in that congruence being permanently shaken." * Stanford Social Innovation Review *"Nonprofit Neighborhoods adds great value to the long-ongoing discussion and healthy debate about the best way to think of the relationship between civil society and the state. . . Dunning’s book generally and convincingly concludes that publicly funding locally based nonprofit groups to implement policy has, in the end, failed to achieve a more-inclusive government, to reduce urban poverty and inequality, and to dismantle racism." * Philanthropy Daily *"The lessons that Nonprofit Neighborhoods offers on missed opportunity after missed opportunity seem particularly valuable and relevant today." * Philanthropy News Digest *"Dunning’s history helps us see how the federal government’s administrative structure for anti-poverty programs—theorized by social science–driven philanthropists and established by public policymakers—ultimately served to perpetuate urban poverty." * Public Books *“Nonprofit Neighborhoods takes us to the frontlines of the government and philanthropic grantsmanship, municipal power brokering, and street-level protest that brought an evolving, multi-layered infrastructure of “public-private partnership” to Boston’s working-class communities of color starting in the 1960s—promising to resolve problems of poverty with improved social services in the face of widening structural divides. Persuasively argued and analytically nuanced, it tracks the continuities as well as the gradually unfolding transformations in urban policy, politics, and governance that link the social democratic aspirations of Great Society liberalism to the social austerity of our neoliberal age. Dunning provides important insights to all engaged in struggles against inequality—as scholars, policy advocates, practitioners, and activists.” * Alice O’Connor, University of California, Santa Barbara *“Nonprofit Neighborhoods is a revelation. Through a rich archival study of urban renewal in Boston, Dunning elegantly reconstructs how public projects came to be organized around grants and funding competitions. Decentralization and community participation were enhanced, but key decisions remained in the hands of city officials, foundation officers, and increasingly private lenders. The result is an eye-opening analysis of how policy reform transformed democratic governance.” * Elisabeth S. Clemens, University of Chicago *“Nonprofit Neighborhoods is a timely and original account of how the federal government has delegated urban policymaking, social service provision, and anti-poverty efforts to the private sector. This eye-opening book explains the proliferation of urban nonprofits —a distinctive feature of the American welfare state—and offers a sobering critique of the limitations of neighborhood-based solutions to persistent urban inequality.” * Thomas J. Sugrue, New York University *“Nonprofit Neighborhoods makes a paradigm-shifting contribution to the urban and policy history of the second half of the twentieth century. In her important interrogation into the nature of public-private partnerships, Dunning provides important insight into the changing nature of state power and the persistence of structural inequality. Lucidly written and deeply researched, this is an excellent book, poised to recast several scholarly fields.” * Lily Geismer, Claremont McKenna College *“Among the many intesting questions about the history of America’s cities, there are a few democracy-consequential questions whose answers literally define the future. In Nonprofit Neighborhoods, Dunning asks and answers morally uneasy and politically impolite questions such as: Why has the concentration of nonprofits in Black communities perpetuated not alleviated inequality? and How have these nonprofit neighborhoods become ‘spaces of inclusion and exclusion’? With precision, clarity, and subtly, Dunning tells a story of government and private power exerted upon and even undermining nonprofit neighborhoods. This sweeping history is a compelling cartography of power, cities, and race as well as a hopeful map for what America might be—if we but learned from the past.” * Cornell William Brooks, Harvard University *"An exceptional piece of scholarship. . . . scholars have long appreciated the fact that social welfare policy is implemented on the ground by formal nonprofit organizations. Nonprofits have, in turn, become institutionalized as providers of social services. However, Dunning breaks new ground by showing how these taken-for-granted arrangements developed over time, how a diverse group of institutions played a role in cementing them, and what the consequences have been for residents of disadvantaged neighborhoods." * Social Service Review *"Claire Dunning’s book, Nonprofit Neighborhoods, presents a thoughtful critique of the ability of neighborhood nonprofit organizations to address entrenched problems of racism, poverty, and inequality. Using Boston as the focus, Dunning brings a keen scholarly eye to that city’s various urban revitalization and community development initiatives, both locally initiated and funded through an array of federal programs. The book presents a thorough, well-written, and detailed descriptive history of Boston’s efforts, starting in the 1960s, that created a robust group of neighborhood nonprofit organizations." * Journal of Urban Affairs *"This case study of Boston and its environs focuses on a city often ranked among the 10 most segregated in the US. Dunning notes that nonprofit and community organizations have made significant efforts to ameliorate substandard housing in areas predominantly inhabited by Black and brown minorities . . . Recommended." * Choice *Table of ContentsList of Figures Introduction. Neighborhood Nonprofits Chapter 1. The City Chapter 2. The Grantees Chapter 3. The Residents Chapter 4. The Bureaucrats Chapter 5. The Lenders Chapter 6. The Partners Chapter 7. The Coalitions Conclusion. Nonprofit Neighborhoods Acknowledgments Abbreviations Found in Notes Notes Index

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Book SynopsisThe Nature of the Future plumbs the innovative, far-ranging, and sometimes downright strange agricultural schemes of nineteenth-century farms in the northern US. The nostalgic mist surrounding farms can make it hard to write their history, encrusting them with stereotypical rural virtues and unrealistically separating them from markets, capitalism, and urban influences. The Nature of the Future dispels this mist, focusing on a place and period of enormous agricultural vitalityantebellum New York Stateto examine the largest, most diverse, and most active scientific community in nineteenth-century America. Emily Pawley shows how improving farmers practiced a science where conflicting visions of the future landscape appeared and evaporated in quick succession. Drawing from US history, environmental history, and the history of science, and extensively mining a wealth of antebellum agricultural publications, The Nature of the Future reveals how improvers transformed American landscapes aTrade ReviewWinner * History of Science Society 2021 Philip Pauly Prize *"Pawley has written a powerful book that should shatter popular myths that portray antebellum rural New York as a “virtuous, sentimental, unchanging” bastion of the family farm. . . . This is an important story that should be foundational reading for anyone interested in the roots of our modern food system. . . . Scholars of capitalism and the environment will find much to mine in Pawley’s book." * Environmental History *"Readers will discover an important idea and a fascinating detail on every page of this remarkable book." * Business History Review *"An important work, deeply researched, strikingly incisive, and stunningly original. . . . Pawley adds depth and nuance to our understanding of antebellum culture and society. . . . And because Pawley approaches her subject matter with both a discerning eye and a sense of delight, her prose, for all its erudition, is laced with charm and wit. . . . If The Nature of the Future whets our intellectual appetites for more, it is because Pawley’s scholarship has yielded a bumper crop of food for thought. Dig in." * Agricultural History *"Provocative and engaging. . . This concise and elegantly written monograph makes an excellent contribution to the social, cultural, and economic historiography of New England as well as antebellum America more broadly." * New England Quarterly *“The Nature of the Future is a crisply written and lively account of agricultural improvement in the antebellum Northeast. Come for the mammoth squashes, drunken plants, and butter battles; stay for the incisive and illuminating history, brilliantly told.” -- Wendy A. Woloson, author of Crap: A History of Cheap Stuff in America“In this book, Pawley deftly hands us invention, experimentation, evidence, truth . . . and mulberries. In nineteenth-century bookkeeping of field nutrients, raucous debates over apple varieties, and Thoreau’s sarcasm, she discovers the science, economics, and commercial imagination that shaped American farming and our modern meals. The writing is a delight—insightful, sure, and often funny. The Nature of the Future will be of keen interest to historians of capitalism, place, and food—and to anyone helping chart our environmental present.” -- Conevery Bolton Valencius, author of The Lost History of the New Madrid Earthquakes“Pawley shatters historians’ preconceptions about who and what belong in the histories of science and capitalism. Even the animals, plants, and soils have captivating pasts. Vivid and witty, this book rewrites the history of the early US from the perspective of those who fed it.” -- Jessica M. Lepler, author of The Many Panics of 1837Table of ContentsIntroduction: Bending Reality with Large Strawberries Part 1 Performances 1 Capitalist Aristocracy 2 No Ordinary Farmers Part 2 Experiments 3 Experiments All for Worldly Gain 4 Trying Machines Part 3 Futures 5 Coining Foliage into Gold 6 Divining Adaptation Part 4 Values 7 Truth in Fruit 8 The Balance-Sheet of Nature Epilogue Acknowledgments List of Abbreviations Notes Index

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Book SynopsisTrade Review“A wide-ranging and original study of the slowdown in economic growth in America in recent decades.” * Economist, Best Books of the Year for 2020 *"An impressive survey of the economics literature on US productivity. For those interested in the subject, it is a must-read." * Financial Times *“Fully Grown makes a coherent and compelling argument that American productivity growth has only mildly faltered.” * Wall Street Journal *“For Dietrich Vollrath of the University of Houston, low growth is reason for cheer. In a new book he argues that America’s growth has slowed because so much in the economy has gone so well. . . . His triumph is in showing the degree to which these [GDP numbers] make economic growth an unreliable measure of success. Attempting to capture progress in a single number is a fool’s errand.” * Economist *"Taken together, slower growth in the labor force and the shift to services can explain almost all the recent slowdown, according to Vollrath. He’s unimpressed by many other explanations that have been offered, such as sluggish rates of capital investment, rising trade pressures, soaring inequality, shrinking technological possibilities, or an increase in monopoly power. In his account, it all flows from the choices we’ve made: 'Slow growth, it turns out, is the optimal response to massive economic success.'” * New Yorker *"Given the likelihood of recession, some desperate West Wing scribe might want to sneak a few thoughts from Vollrath's Fully Grown: Why a Stagnant Economy Is a Sign of Success into the State of the Union speech. Challenging the automatic equation between economic health and a growing gross domestic product, the author argues that capitalism 'has already supplied so much of the necessary stuff of modern life--brought us so much comfort, security and luxury--that we have turned to new forms of production and consumption that increase our well-being but do not contribute to growth in GDP.'" * Inside HIgher Ed *"For the past decade, Robert Gordon has written about the rise and fall of American growth, praising the first in our past that was and lamenting the second in our present that is. Now comes Vollrath with a lively, accurate, and essential corrective to Gordon's pessimism: growth is slow today, he demonstrates, not because our economy is failing but because our economy has succeeded." -- Brad DeLong, University of California, Berkeley"Vollrath offers a provocative new explanation of the slowdown in economic growth experienced by the US economy during the past two decades: we are a victim of our own success. Rising leisure, declining fertility, and the shift out of manufacturing into services explain the bulk of the slowdown in aggregate income growth. Each is a feature of a mature, developed economy, and in that sense, the slowdown may be a symbol of success rather than a sign of failure. Brilliantly supported by the latest research and engagingly presented, Fully Grown provides a startling, novel assessment of economic growth in the 21st century." * Chad Jones, Stanford University *“Anybody who has followed Vollrath’s blog will have been eagerly waiting for this book. Fully Grown is essential reading for anybody interested in the future of the economy. It investigates why the United States and other advanced economies are growing more slowly than in the past. Contrary to conventional wisdom, it argues this slowdown is due to success, not failure. All the leading economies have aging populations, thanks to past gains in health, and are largely service-based, as material goods account for a shrinking share of spending. These two characteristics alone mean the economy will not expand as rapidly in the 21st century. There are plenty of other problems to tackle, from unequal opportunities to excessive market power; but, Vollrath argues convincingly, the growth rate is the wrong way to assess how well the economy is doing.” -- Diane Coyle, Bennett Professor of Public Policy, University of Cambridge“This book completes, for me, a series of books that have come out in the last couple of years that help to explain the current state of the US economy and why we can be optimistic about a lot of what is going on.” * Seeking Alpha *"Typically, lower economic growth is deplored because it squeezes private living standards and government programs. But in a fascinating new book, economist Dietrich Vollrath of the University of Houston challenges the conventional wisdom." -- Robert Samuelson * Washington Post *“Vollrath sets up a clear framework and expounds it lucidly.” * Inside Story *"But what if slow growth instead reflects great economic success? That’s the provocative thesis of a new book, cleverly titled “Fully Grown,” by economist Dietrich Vollrath...Vollrath not only offers the proverbial two cheers for slower growth rates, but also explains why many oft-proposed policy solutions are not likely to rekindle rapid growth." -- Charles Lane * Washington Post *"It is refreshing today to read that the U.S. economy is not weak because of a trade war with China or a failure of innovation. According to Vollrath, it is growing more slowly because families have made different decisions about how to live their lives, and those decisions were only possible because of the economy’s previous success. It is conceivable,perhaps even likely, that the U.S. will never again see such a period of supercharged growth as it did in the second half of the 20th century, when it benefited from the tailwinds of life-changing innovation and abundant labor. The lesson of Fully Grown is that perhaps it doesn’t need to." -- Mike Jakeman * Strategy + Business *"Why has the growth slowed in the high-income countries, notably the US? Is it a sign of failure or of success? Vollrath argues that it is the latter. Thus, the main reasons for the slowdown in the early 21st century are demographic - smaller family sizes and ageing - and the shift from goods to services. The failure to accelerate the overall rate of growth of productivity in the services is striking. Given that reality, Vollrath is right." * Financial Times *"A combination of admirably lucid, engaging exposition and well-informed synthesis, Vollrath’s book is a must read for anyone interested in long-term trends in the US economy. . . . Highly recommended." * Choice *"The post‐World War II years brought unprecedented economic growth to much of the world, resulting in massive declines in poverty and huge wealth. How long can this go on? In the United States and other highly developed countries, economic growth has slowed significantly after 2000. This book examines the fundamental causes of this slowdown...[Its] findings are important because they imply a new normal of slower growth in the economically advanced countries." * Population and Development Review *"If you want to learn a great deal about frontier research in economic growth written in an accessible and engaging way, you will have a hard time finding a better read." * Economic Record *Table of ContentsPreface 1 Victims of Our Own Success 2 What Is the Growth Slowdown? 3 The Inputs to Economic Growth 4 What Accounts for the Growth Slowdown? 5 The Effect of an Aging Population 6 The Difference between Productivity and Technology 7 The Reallocation from Goods to Services 8 Baumol’s Cost Disease 9 Market Power and Productivity 10 Market Power and the Decline in Investment 11 The Necessity of Market Power 12 Reallocations across Firms and Jobs 13 The Drop in Geographic Mobility 14 Did the Government Cause the Slowdown? 15 Did Inequality Cause the Slowdown? 16 Did China Cause the Slowdown? 17 The Future of Growth Appendix: Data and Methods References Index

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Book SynopsisA novel investigation of pro bono marketing and the relationship between goods, exploring the complex moral dimensions of philanthropic advertising. The advertising industry may seem like one of the most craven manifestations of capitalism, turning consumption into a virtue. In Tangled Goods, authors Iddo Tavory, Sonia Prelat, and Shelly Ronen consider an important dimension of the advertising industry that appears to depart from the industry's consumerist foundations: pro bono ad campaigns. Why is an industry known for biting cynicism and cutthroat competition also an industry in which people dedicate time and effort to doing good? Interviewing over seventy advertising professionals and managers, the authors trace the complicated meanings of the good in these pro bono projects. Doing something altruistic, they show, often helps employees feel more at ease working for big pharma or corporate banks. Often these projects afford them greater creative leeway than they normally have, aTrade Review“If the road to hell is paved with good intentions, Tavory et al. reveal that the path to heaven is paved with morally ambiguous and flexible ones. This book is a true pleasure to read, and it opens exciting paths for future research.” -- Hannah Wohl, author of Bound by Creativity: How Contemporary Art Is Created and Judged“The authors offer a subtle analysis of the practices of pro-bono advertising that opens a window into the social world of advertising and of corporate social responsibility, as well as a thoughtful and compassionate account of the human and moral dimension of life in business. This work is an original contribution to cultural sociology and the sociology of values and valuation.” -- Monica Krause, author of The Good Project: Humanitarian NGOs and the Fragmentation of ReasonTable of Contents1. Advertising for Good 2. Morality in Pro Bono Work 3. Good Work; or, The Gift of Unalienated Labor 4. The Elephant in the Field: Awards and Recognition 5. Curatorial Work: Managers and Organizational Pressures 6. Navigating Goods: Boundaries and Bridges 7. Evaluating Goods: Questions of Measurement 8. Tangled Goods Acknowledgments Appendix: Notes on Method Notes References Index

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Book SynopsisTrade Review“At long last, a concise but comprehensive, conversational, and accessible tour of modern health economics. Better Health Economics is chock full of insights and covers an impressive range of important topics. This is how to teach health economics!" -- Amy Finkelstein | coauthor of "We've Got You Covered: Rebooting American Health Care""An accessible, readable—and often funny!—tour through health economics. Gross and Notowidigdo are master teachers." -- Emily Oster | author of "Expecting Better: Why The Conventional Pregnancy Wisdom Is Wrong–And What You Really Need To Know""Gross and Notowidigdo prove that learning about the economics of health does not have to be a painful experience. Each of the chapters is an easy-to-swallow dose of insights into this complex and important part of our economy. Who knew this stuff could be fun?" -- Richard Thaler | winner of the Nobel Prize in EconomicsTable of ContentsIntroduction Part I: Demand 1. What Does Health Insurance Do? 2. Health Insurance versus Broccoli 3. Free Care Is Not Free: Who Pays for the Uninsured? 4. Moral Hazard 5. Behavioral Economics Part II: Supply 6. How Much Should Physicians Be Paid? 7. Doctors and Hospitals Respond to Financial Incentives (Just Like Everybody Else) 8. Payment Reform 9. Horizontal Mergers 10. Vertical Integration 11. Quality 12. Drugs Part III: Other Determinants of Health 13. Contagion 14. Health Gradients 15. Social Determinants of Health Conclusion Acknowledgments Notes Index

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Book SynopsisTrade Review" The book will be an invaluable reference work for students of U.S. economic history." * Business Economics *Table of ContentsForeword Preface Chapter 1. Robert Gallman’s Capital Stock Project Chapter 2. Gallman’s Core Capital Stock Data Chapter 3. The United States Capital Stock, 1840–1900 Chapter 4. Capital and American Economic Growth, 1774–1980 Chapter 5. Gallman’s Annual Product Series, 1834–1909 Chapter 6. Investment Flows and Capital Stocks Chapter 7. Agriculture Chapter 8. Mining and Manufacturing Chapter 9. Nonfarm Real Estate and Trade Chapter 10. Transportation Chapter 11. Communication and Electric Utilities Chapter 12. Inventories Chapter 13. Consumer Durables Chapter 14. Wealth in the Colonial and Early National Periods Chapter 15. Wrapping Up Notes References Index

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Book SynopsisTwo experienced corporate crisis advisors offer a thorough and approachable guide to successful crisis management from anticipation to resolution. All organizations face crises from time to time, and at a time when news, information (or misinformation), and rumors can spread quickly, a timely and thoughtful response to a crisis, is critical. In this book, two industry insiders offer a primer on how organizational leadership should prepare for and handle crises. The steps, plans, and cautions they offer show how organizations can deal openly and honestly with challenges while continuing to survive and prosper. Thomas A. Cole and Paul Verbinnen show how successful crisis management requires a multi-disciplined approach enacted collaboratively under strong leadership. Drawing on many real-world examples, they speak to not only what to do during a crisis, but also the need for preparedness and post-crisis follow-up. The book is organized around a broad range of discrete issues thatTrade Review"Collaborative Crisis Management provides effective strategies, practical examples and lessons learned in crisis management for public sector companies. . . . The overarching strategies described by the authors can be used by any leader to prepare, handle and recover from a crisis." * School Administrator *“As anyone who has lived through a major corporate crisis knows, each crisis comes with its own facts, context, and nuance, requiring judgment and nimble decision-making. This book is packed with practical insights for successful crisis management. It will be an invaluable resource to boards and members of senior management who are responsible for taking the lead when a company is faced with a major crisis.” -- Greg Smith, former Executive Vice President for Enterprise Operations and CFO at Boeing"Filled with tidbits of wisdom, explanations of decisions facing boards and management, questions to ask, and perspectives to consider, Collaborative Crisis Management is an indispensable book for those who are just learning how to navigate a crisis as well as those who are experienced and looking for a refresher. Regardless of whether you serve on a public, private, or not-for-profit board, this easy-to-read book with its well-researched appendices is a master class in crisis management!" -- Michele Hooper, CEO, The Directors' Council; retired board member, National Association of Corporate Directors; Board Director, UnitedHealth Group and United Airlines Holdings"I cannot recommend Collaborative Crisis Management too highly for any senior corporate manager. Cole and Verbinnen have written a classic on how to deal with the inevitable corporate crises that every manager will face at some point." -- David M. Rubenstein, Co-Founder and Co-Chairman of the Carlyle GroupTable of ContentsIntroduction Part 1: Prepare 1: What Are the Common Themes? General Understandings Critical for Preparedness 2: How Do We Prepare? Concrete Elements of Preparation 3: What Is the Role of Corporate Culture? Part 2: Execute 4: Who Calls the Shots? Governance and Organizational Aspects 5: Can We Afford This? Financial Aspects 6: What About Those Lawyers? Legal Aspects 7: What Do We Say? Communications Aspects 8: What About Our People? Human Resources Aspects 9: What About That Apology? A Multifaceted Issue Part 3: Recover 10: Why Did It Happen? Root Cause Analysis 11: Can We Regain Trust? Reputation Rehabilitation Part 4: Repeat 12: Did We Learn Anything? Assessment of Lessons Learned from Our Handling of the Crisis Part 5: Other Organizations 13: What’s Different for Private Companies? 14: What’s Different for Universities and Other Not-for-Profits? Part 6: The COVID-19 Pandemic 15 Observations on Public Company Responses Part 7: Conclusion 16: What Questions Should We Be Asking? Acknowledgments Appendix A: The Tylenol Murders Appendix B: Other Books About Crisis Communications Notes Index About the Authors

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Book SynopsisAn illuminating history of the Fed from its founding through the tumult of 2020. In The Federal Reserve: A New History, Robert L. Hetzel draws on more than forty years of experience as an economist in the central bank to trace the influences of the Fed on the American economy. Comparing periods in which the Fed stabilized the economy to those when it did the opposite, Hetzel tells the story of a century-long pursuit of monetary rules capable of providing for economic stability. Recast through this lens and enriched with archival materials, Hetzel's sweeping history offers a new understanding of the bank's watershed moments since 1913. This includes critical accounts of the Great Depression, the Great Inflation, and the Great Recessionincluding how these disastrous events could have been avoided. A critical volume for a critical moment in financial history, The Federal Reserveis an expert, sweeping account that promises to recast our understanding of the central bank in its secTrade Review"Robert Hetzel presents a historical narrative of how the Federal Reserve has responded to the state of the economy, exploring the evolution of monetary policy over time in terms of the consistency in its response to the economy’s behavior. The Federal Reserve [examines] the lead-up to and fallout from the Great Recession, the 2008 financial crisis, and the European debt crisis, [analyzes] Fed credit and monetary policy during the COVID-19 pandemic, [and considers] how to make the monetary standard explicit and determine the optimal monetary standard." * Journal of Economic Literature *"An ambitious history...[Hetzel's] book is a very important contribution to the literature on the history of U.S. monetary policy." * EH.Net *"Hetzel's book skillfully traces out the Fed's uneven history. He carefully identifies and explains the reasons for the Fed's major failures and successes and he covers the most recent episodes—the financial crisis, Great Recession, and the COVID-19 crisis—in great detail. Hetzel's own intellectual framework provides valuable nuances, resulting in a unified view of Fed policy, before and after 1980, with reference to a single model." -- Peter Ireland, Boston College"This book does for monetary policy what Doug Irwin's Clashing over Commerce did for trade policy. It is original in its historical coverage and in its ideas, and it offers a novel critique of classics in the field. Unlike many other monetary history books, this is written by a real insider, who has been active in monetary policy for decades. His points will be of interest to historians as well as economists. Through Hetzel's broad historical sweep, one can see both good monetary policy and bad monetary policy, and thereby learn from history." -- John B. Taylor, Stanford University"Robert Hetzel’s book provides a very informative and detailed history of the monetary policy conducted by the Fed. Readers interested in Fed history will enjoy reading the book and learn a great deal from it. Hetzel takes a sympathetic but also critical look at the Fed’s actions since its inception. The book testifies to the challenges and difficulties faced by central banks in charting an appropriate policy course." -- Georg Rich, retired director and chief economist of the Swiss National BankTable of ContentsList of Figures and Tables Chapter 1. In Search of the Monetary Standard Chapter 2. The Organization of the Book Chapter 3. What Causes the Monetary Disorder That Produces Real Disorder? Appendix: Tables of the Monetary Contraction Marker by Recession Chapter 4. The Creation of the Fed 4.1. Populist Opposition to a Central Bank 4.2. Reform of the National Banking System and the National Monetary Commission 4.3. The Real Bills Foundation of the Early Fed 4.4. A Gold Standard Mentality in a Regime of Fiat Money Creation 4.5. Concluding Comment Chapter 5. Why the Fed Failed in the Depression: The 1920s Antecedents 5.1. The Real Bills Ethos of the 1920s 5.2. Stopping Speculation without the Discipline of Real Bills and the International Gold Standard 5.3. The Controversy over Stabilizing the Price Level 5.4. Regulating the Flow of Credit: The “Tenth Annual Report” 5.5. Controversy over the Monetary Standard: The Eastern Establishment versus the Populists 5.6. Concluding Comment Chapter 6. A Fiat Money Standard: Free Reserves Operating Procedures and Gold 6.1. Changing the Monetary Standard with No Understanding of the Consequences 6.2. The Fed’s Primitive Free Reserves Procedures 6.3. Reserves Adjustment and the Call Loan Market 6.4. The Pragmatic Development of the New Procedures 6.5. Gold Convertibility and Free Gold: Frozen into a Gold Standard Mentality 6.6. The Fed’s Incomprehension of the Consequences of Its Operating Procedures 6.7. Concluding Comment Chapter 7. A Narrative Account of the 1920s 7.1. (Mis)Understanding a Paper Money Standard 7.2. Benjamin Strong 7.3. Adolph Miller—the Nemesis of Benjamin Strong 7.4. The 1920–21 Recession 7.5. Free Gold 7.6. Monetary Policy in Recession: 1923–24 and 1926–27 7.7. 1927 7.8. Eliminating Credit Diversion into Securities Speculation 7.9. Were the 1920s the “High Tide” of Federal Reserve Monetary Policy? 7.10. Concluding Comment Chapter 8. Attacking Speculative Mania 8.1. Liquidating Speculative Credit by Liquidating Total Credit 8.2. New York: Raise the Discount Rate and Banks Will Cut Back on Speculative Loans 8.3. The Board: Use “Direct Pressure” to Make Banks Cut Back on Speculative Loans 8.4. Marching toward the Great Depression 8.5. A Graphical Overview of the Transmission of Contractionary Monetary Policy 8.6. Identifying the Cause of the Depression as Contractionary Monetary Policy 8.7. Concluding Comment Chapter 9. The Great Contraction: 1929–33 9.1. An Overview of the Great Contraction 9.2. The Great Contraction and Unrelievedly Contractionary Monetary Policy 9.3. 1930: Why Did the Fed Back Off before Recovery Began? 9.4. Guarding against a Revival of Speculation by Keeping Banks in the Discount Window 9.5. 1931: Contractionary Monetary Policy Becomes Even More Contractionary 9.6. The Gold Standard Transmitted Contractionary US Monetary Policy 9.7. 1932: Open Market Purchases and What Might Have Been 9.8. 1932: Why Did the Fed Back Off? 9.9. Early 1933: The Collapse of the Banking System 9.10. What Made the Great Contraction So Deep and So Long? 9.11. Why Did Learning Prove Impossible? 9.12. Concluding Comment Chapter 10. The Roosevelt Era 10.1. Another Monetary Experiment 10.2. Ending Gold Convertibility in 1933: Setting Off and Killing the Boom 10.3. Return to a Gold Peg 10.4. Governor Marriner Eccles 10.5. The 1936–37 Recession 10.6. Keeping the Real Bills Faith 10.7. Concluding Comment Chapter 11. The Guiding Role of Governor Harrison and the NY Fed 11.1. Was Policy “Inept” Because Leadership Shifted Away from New York? 11.2. The Origin of the “New York View” 11.3. Assessing the Friedman-Schwartz View That Power Shifted from New York to the Board 11.4. 1930 11.5. 1931 11.6. 1932 11.7. The Political Economy of Open Market Purchases in 1932 11.8. 1933 11.9. The 1936–37 Increases in Required Reserves 11.10. Concluding Comment Chapter 12. Contemporary Critics in the Depression 12.1. H. Parker Willis 12.2. John Henry Williams 12.3. Charles O. Hardy 12.4. Joseph A. Schumpeter 12.5. Gottfried Haberler 12.6. Carl Snyder 12.7. Harold Reed 12.8. Lionel D. Edie 12.9. John R. Commons 12.10. Gustav Cassel 12.11. Ralph Hawtrey 12.12. T. Alan Goldsborough 12.13. Irving Fisher 12.14. Lauchlin Currie Chapter 13. From World War II to the 1953 Recession 13.1. The Post-Accord Grand Experiment 13.2. From the End of the War to the Accord 13.3. Explaining Recession with Prewar Inflationary Expectations 13.4. From Real Bills to Lean-against-the-Wind: The Crisis Leading to the Accord 13.5. What Did the Fed Borrow from and What Did It Abandon of Its 1920s Monetary Policy? Chapter 14. LAW (Lean-against-the-Wind) and Long and Variable Lags 14.1. Lean-against-the-Wind (LAW) 14.2. LAW with Trade-Offs and Long and Variable Lags 14.3. LAW with Credibility or LAW with Trade-Offs? 14.4. LAW with Credibility and LAW with Trade-Offs as Semicontrolled Experiments 14.5. Concluding Comments Chapter 15. The Early Martin Fed 15.1. The End of Real Bills 15.2. Free Reserves as the Intermediate Target and Bills Only 15.3. Concluding Comment Chapter 16. From Price Stability to Inflation 16.1. Back-to-Back Recessions: 1957Q3 to 1958Q2 and 1960Q2 to 1961Q1 16.2. How Did the Early Martin Fed Lose Its Way in the Second Half of the 1960s? 16.3. Martin’s Ill-Fated Bargain Chapter 17. The Burns Fed 17.1. The Political and Intellectual Environment 17.2. Burns’s View of the Business Cycle and Economic Stabilization 17.3. Burns as FOMC Chairman 17.4. Inflation as a Cost-Push Phenomenon 17.5. “Macroeconometric Failure on a Grand Scale” 17.6. Concluding Comment Chapter 18. Stop-Go and the Collapse of a Stable Nominal Anchor 18.1 The Complicated Politics of an Incomes Policy and Stop-Go Monetary Policy 18.2. Lean-against-the-Wind with Trade-Offs or Stop-Go Monetary Policy: A Taxonomy 18.3. Burns’s Juggling Act 18.4. G. William Miller 18.5. The Cost of Allowing Inflation to Emerge in Economic Recovery 18.6. Concluding Comment Appendix: Real Rate of Interest Chapter 19. The Volcker Fed and the Birth of a New Monetary Standard 19.1. Restoring a Stable Nominal Anchor 19.2. Creating a New Monetary Standard: LAW with Credibility 19.3. The Louvre Accord 19.4. A Graphical Overview of Monetary Policy in the Great Moderation 19.5. A New Monetary Standard Chapter 20. The Greenspan FOMC 20.1. Restoring a Stable Nominal Anchor 20.2. A Rocky Start with Louvre and the 1987 Stock Market Crash 20.3. The 1990 Recession, the Jobless Recovery, an Inflation Scare, and Finally Credibility 20.4. The Asia Crisis and the 2000 Recession 20.5. Balancing Price Stability with Cost-Push Pressures 20.6. Fear of Deflation 20.7. Did Expansionary Monetary Policy Cause a Housing Bubble? Chapter 21. The Great Recession 21.1. An Overview: This Time Was Not Different from Past Recessions 21.2. A Chronology of the Great Recession 21.3. Fall 2008, the Lehman Bankruptcy, and the Flight of the Cash Investors 21.4. Monetary Policy Takes a Back Seat 21.5. Bernanke and the Credit Channel 21.6. Reviving Real Bills Theories of the Collapse of Speculative Excess 21.7. Contractionary Monetary Policy Chapter 22. The 2008 Financial Crisis 22.1. The Financial Safety Net and Moral Hazard 22.2. The Cash Investors Run the SIVs in Summer 2007 22.3. From Bear Stearns to Lehman Brothers 22.4. After Lehman 22.5. Putting Out the Fires in Fall 2008 22.6. Bank Bailouts 22.7. The Political Economy of Credit Policy 22.8. Credit Policy Crowded Out Monetary Policy 22.9. Crossing the Rubicon to Allocating Credit 22.10. The Great Financial Crisis and Erosion of Support for Free Markets Chapter 23. The Eurozone Crisis 23.1. A Narrative Account of the Great Recession in the Eurozone 23.2. The Interaction of Financial Crisis and Contractionary Monetary Policy 23.3. The Quantitative Impact of a Monetary Shock 23.4. Concluding Comment Chapter 24. Recovery from the Great Recession 24.1. Monetary Policy Was Initially Moderately Contractionary in the Recovery 24.2. A Slow Start to the Recovery and Preemptive Increases in the Funds Rate 24.3. Secular Stagnation, Fear of Global Recession, and Central Banks Out of Ammunition 24.4. Quantitative Easing 24.5. What Accounts for the Near Price Stability in the Recovery from the Great Recession? 24.6. Concluding Comment Appendix: The FOMC’s QE Programs Chapter 25. Covid-19 and the Fed’s Credit Policy 25.1. Chair Powell Defines the Narrative 25.2. What Destabilized Financial Markets in March 2020? 25.3. What Calmed Financial Markets in March 2020? 25.4. Credit Policy Does Not Draw Forth Real Resources 25.5. Supporting Financial Markets While Avoiding Credit Allocation 25.6. Can the Fed Maintain Its Independence? 25.7. Concluding Comment Appendix: Program Definitions Appendix: The Political Economy of Credit Policy Chapter 26. Covid-19 and the Fed’s Monetary Policy: Flexible-Average-Inflation Targeting 26.1. FOMC Commentary 26.2. An Evolving Phillips Curve Sidelines Inflation 26.3. The Return of the Phillips Curve 26.4. Monetary Policy Becomes Expansionary Chapter 27. How Can the Fed Control Inflation? 27.1. Is Monetizing Government Debt by the Fed Inflationary? 27.2. The Control of Money Creation and Inflation with IOR (Interest on Reserves) 27.3. Restoring Money as an Indicator 27.4. Concluding Comment Chapter 28. Making the Monetary Standard Explicit 28.1. Why the FOMC Communicates the Way It Does 28.2. Rules versus Discretion as Seen by a Fed Insider 28.3. A Case Study in FOMC Decision-Making: The August 2011 Meeting 28.4. Using the SEP to Move toward Rule-Based Policy 28.5. Using a Model to Explain the Monetary Standard 28.6. Rules, Independence, and Accountability Chapter 29. What Is the Optimal Monetary Standard? 29.1. From Monetarism to the “Basic” New Keynesian DSGE Model 29.2. The NK Model 29.3. LAW with Credibility and LAW with Trade-Offs (Cyclical Inertia) 29.4. The Optimal Rule 29.5. Money and the NK Model 29.6. Concluding Comment Chapter 30. Why Is Learning So Hard? Acknowledgments Bibliography Index

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Book SynopsisAn essential origin story of modern society's most influential economic doctrine. The Chicago School of economic thought has been subject to endless generalizationsand mischaracterizationsin contemporary debate. What is often portrayed as a monolithic obsession with markets is, in fact, a nuanced set of economic theories born from decades of research and debate. The Monetarists is a deeply researched history of the monetary policiesand personalitiesthat codified the Chicago School of monetary thought from the 1930s through the 1960s. These policies can be characterized broadly as monetarism: the belief that prices and interest rates can be kept stable by controlling the amount of money in circulation. As economist George S. Tavlas makes clear, these ideas were more than just the legacy of Milton Friedman; they were a tradition in theory brought forth by a crucible of minds and debates throughout campus. Through unprecedented mining of archival material, The Monetarists offers the fiTrade Review"[The Monetarists] should be of keenest interest to historians of economic thought and to monetary historians, for whom the careful detail, thorough citations of primary sources, and attention to the work of even the less commonly celebrated Chicagoans, will be most appreciated." * Journal of Economic Literature *"You may wonder whether reading a book about a 50-year ­old academic dispute is worth it. Well, the book amply repays the effort. . . .Tavlas's book is interesting and illuminating throughout and warmly recommended." * Financial World *“George Tavlas provides a fascinating, fresh, and highly policy-relevant look at the monetary tradition at the University of Chicago over three crucial decades. He uses facts and draws on unpublished sources to challenge well-known economic interpretations, focus on key monetary policy proposals, show that monetarism is dynamic, and demonstrate how Milton Friedman did not invent monetarism, but rather developed it out of a beautiful Chicago tradition.” -- John B. Taylor | Stanford University"This book presents a fascinating and well-documented discussion of the origins and development of the economics of monetarism and its roots in Chicago economics. Tavlas dissects the tangled history of monetarist ideas and their origins as solutions to policy problems predating even the Great Depression. A rich account of the development of central ideas and the role of many economists in forming monetarist thought, this is an important study of a body of ideas that shaped, and continue to shape, the field of economics." -- James Heckman | recipient of the 2000 Nobel Memorial Prize in Economics | University of Chicago“In this pathbreaking book, George Tavlas lays out the history of the Chicago monetary tradition from the classical economists to Frank Knight, Jacob Viner, Paul Douglas, Henry Simons and Lloyd Mints to Milton Friedman. This book sets the record straight on all the debates that have raged on the subject. It will set the standard for research on the key deep origins of modern monetary policy.” -- Michael Bordo | Rutgers University“Tavlas provides a fascinating intellectual history of the monetarist tradition at the University of Chicago. It successfully debunks some prior simplistic characterizations and instead offers a deep probe with nuances and complexities along with some common threads of thought. Within this backdrop, Milton Friedman’s contributions to monetary economics are seen to have both emerged from and modified the perspectives of his intellectual predecessors." -- Lars Peter Hansen | recipient of the 2013 Nobel Memorial Prize in Economics | University of Chicago“Determined scholar George Tavlas unearths the secrets of how the Chicago School molded Milton Friedman’s thinking, bringing free markets and monetarism to prominence in world affairs. His story is a must-read for understanding history.” -- William L. Silber | New York UniversityTable of ContentsPrefaceAcknowledgmentsChapter 1. The Light in the Secret ShrineChapter 2. The GroupChapter 3. ControversiesChapter 4. The “Chicago Plan”: Doctrinal AspectsChapter 5. Into the Academic WildernessChapter 6. The ResistanceChapter 7. The CounterattackChapter 8. The MonetaristsChapter 9. Summary and ConclusionsNotesReferencesIndex

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Book SynopsisTrade Review"Tabak's new book Foxconned isn't just a detailed account of how Donald Trump, Scott Walker, and legislative Republicans snookered Wisconsin into a taxpayer-financed, now-in-shambles deal with corporate giant Foxconn, but an illuminating expose of all that's wrong with the way governments hand out incentives for private development." * Capital Times *"Tabak's [earlier] warnings about the project proved proved, with astonishing speed, to be well founded. . . . Broadly, and persuasively, Tabak makes the case that municipalities should not seek to spark economic development through large deals with individual companies, because they turn governments into venture capitalists, except governments don’t have the necessary expertise, tend not to hedge their bets, and gamble with taxpayer money." * Times Literary Supplement *"The new book Foxconned, by Madison’s own Lawrence Tabak, confirms that the factory was a sordid political charade from its inception. In a fit of negligence and malfeasance, political leaders abused the citizens of Wisconsin on behalf of a foreign corporation. The Foxconn affair was a scandal, and Wisconsinites should treat those responsible as political pariahs." * Isthmus *"Tabak’s engaging study of efforts in Wisconsin to attract the Taiwanese contract manufacturer Foxconn provides a cautionary tale." * Foreign Affairs *"Journalist Tabak offers a stark cautionary tale of the murky practices, questionable economics, and political wheeling and dealing done in the name of economic development and job creation by manufacturing giant Foxconn. . . . Economic concepts are accessible and eye-opening in Tabak’s hands, while the events of small-town board meetings are simultaneously infuriating and page-turning. Tabak’s impressively researched and investigated narrative is as timely as it is gripping." * Publishers Weekly *"The book does such a good job of weaving together economics, history, and politics. . . It effectively illustrates what can go wrong when government officials try to orchestrate economic development." * Cato Institute *"A valuable forensic analysis of a disastrous, politically motivated scam. . . . Foxconned delivers a multi-dimensional analysis of the plant’s inception, funding, construction—or rather lack of construction—and eventual abandonment." * World Socialist Web Site *“A gripping and necessary postmortem on one of the biggest economic development fiascos of our time. Tabak applies a critical lens on the enormous quasi-public industry of business recruitment and how it can be exploitative—shockingly so—especially in job-starved postindustrial regions.” * Angie Schmitt, author of 'Right of Way: Race, Class, and the Silent Epidemic of Pedestrian Deaths in America' *“Foxconned shines a much-needed light on two unfortunate practices that undermine our nation’s economy yet receive far too little attention. One is the out-of-control competition in which governors and mayors throw piles of money at multibillion-dollar corporations to beg them to locate some jobs in their states and cities. Second, Tabak highlights how self-serving politicians often use tens of millions of taxpayers’ dollars to lure corporations so that they can boast about it to boost their reelection efforts. This is an important, well-researched, and highly readable book.” * Steven Greenhouse, author of 'Beaten Down, Worked Up: The Past, Present, and Future of American Labor' *“Not only does Tabak do a masterful and nuanced job of uncovering and detailing the behind-the-scenes politics that played out in this ill-fated economic development project, but he also tells the human stories of those Wisconsinites whose lives were most upended as a result.” * Paul Fanlund, publisher and editor in chief, Capital Times of Madison, Wisconsin *"The reporting that went into this book—into tracing the incredibly complex and deliberately hidden story of the damages wrought by Foxconn—is quite simply, breathtaking. This devilishly convoluted story is then told in clear, straightforward prose that makes this a narrative of our time, and one we should all read." * Harriet Brown, Wisconsin Writers Award judge *"Economists are often portrayed as being in constant disagreement, but one thing that we mostly agree about is that governments are really bad at picking winners... For those of you who do not believe the theory or who want to see how it plays out in practice, this is a good book. It gives numerous examples beyond the main story around Foxconn of why government should not pick winners. It makes a very strong case against corporate welfare in all forms and discusses the pernicious effects of competition between US states to attract investment." * Economic Record *Table of ContentsIntroduction Foxconn Timeline Chapter 1 Your Dream House Is Blighted Chapter 2 Foxconn Comes to America Chapter 3 What Does the Foxconn Say? Chapter 4 Who Made That TV? Chapter 5 The Land Grab Chapter 6 Racine, Poster Child of the Rust Belt Chapter 7 Sherrard, Illinois Chapter 8 Monkey Business in the Middle Chapter 9 Wassily Leontief and Input-Output Economic Impact Chapter 10 Flying Eagle Economic Impact Chapter 11 A Tea Party for Foxconn Chapter 12 A Bright, Shining Object Chapter 13 The Problem with Picking Winners Chapter 14 An Ill Wind Blows Chapter 15 All Politics Are Local Chapter 16 The Trouble with TIF Chapter 17 Following the Money Chapter 18 Foxconn on the Ground Chapter 19 Breaking the Cycle Acknowledgments Notes Bibliography Index

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Book SynopsisTrade ReviewDeirdre Nansen McCloskey latest meticulous work examines how economics can become a more "human" science"Can we have economic thought that focuses on people and tries to understand rather than merely observe? Rejecting contemporary trends, McCloskey paves the way to an economics dedicated to the betterment of human lives." * The Bookseller *“There is no doubting the extraordinary breadth and depth of [McCloskey’s] knowledge... A critique by someone who knows what she’s talking about.” * The Enlightened Economist *“This book presents a series of arguments for improving academic enquiry through the lens of 'humanomics.' For economists, or other academics, who haven’t come across humanomics before, it is in essence a combination of the rigorous tools of economics with more human elements such as the critical perspectives that are often found in the humanities. Pioneers of this approach include 'the father of economics,' Adam Smith, Nobel prizewinner Vernon Smith and experimental economist Bart Wilson. . . McCloskey presents compelling arguments that economic agents are not merely attempting to maximise their utility, but are influenced by other factors such as the power of words.” * Times Higher Education *Best Summer Books of 2021 "What economics needs to fulfil its unparalleled potential as the premier science of human progress, [McCloskey] insists, is the rediscovery of its origins as the discipline that successfully marries the methods of the sciences and the humanities. In Bettering Humanomics, a sparkling cameo of a book, she offers a summary of this, her life-long project. The result is a richly allusive account of what such a combination — 'humanomics', as she calls it — looks like, and why it offers a better guide to understanding where prosperity ultimately comes from and what policymakers can do to help it on its way." * Financial Times *“This new book quite seriously advances the continuing conversation in humanomics. It discovers Adam Smith and resumes a path that McCloskey has so magnificently helped to reinvigorate in the last half century.” -- Vernon Smith, Chapman University and 2002 Nobel Laureate in Economics“How is economic science going to progress? By embracing ethics, the humanities, and language as part of the tool kit alongside mathematics—and recognizing that economists should never try to be social engineers because they are part of the societies they study. McCloskey makes a compelling case for economics for humans—and offers some hope that the discipline is tilting in that direction.” -- Diane Coyle, University of Cambridge"Provocative, bold, ironic, erudite, and above all, well-written." * Metascience *Table of ContentsPreface Part I. The Proposal Chapter 1. Humanomics and Liberty Promise Better Economic Science Chapter 2. Adam Smith Practiced Humanomics, and So Should We Chapter 3. Economic History Illustrates the Problems with Nonhumanomics Chapter 4. An Economic Science Needs the Humanities Chapter 5. It’s Merely a Matter of Common Sense and Intellectual Free Trade Chapter 6. After All, Sweet Talk Rules a Free Economy Chapter 7. Therefore We Should Walk on Both Feet, Like Ludwig Lachmann Chapter 8. That Is, Economics Needs Theories of Human Minds beyond Behaviorism Part II. The Killer App Chapter 9. The Killer App of Humanomics Is the Evidence That the Great Enrichment Came from Ethics and Rhetoric Chapter 10. The Dignity of Liberalism Did It Chapter 11. Ideas, Not Incentives, Underlie It Chapter 12. Even as to Time and Location Chapter 13. The Word’s the Thing Part III. The Doubts Chapter 14. Doubts by Analytic Philosophers about the Killer App Are Not Persuasive Chapter 15. Nor by Sociologists or Political Philosophers Chapter 16. Nor Even by Economic Historians Notes Works Cited Index

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Book SynopsisA revealing collection from the intellectual titan whose work shaped the modern world. As an economist and public intellectual, Gary S. Becker was a giant. The recipient of a Nobel Prize, a John Bates Clark Medal, and a Presidential Medal of Freedom, Becker is widely regarded as the greatest microeconomist in history. After forty years at the University of Chicago, Becker left a slew of unpublished writings that used an economic approach to human behavior, analyzing such topics as preference formation, rational indoctrination, income inequality, drugs and addiction, and the economics of family. These papers unveil the process and personalitydirect, critical, curiousthat made him a beloved figure in his field and beyond. The Economic Approach examines these extant works as a capstone to the Becker oeuvrenot because the works are perfect, but because they offer an illuminating, instructive glimpse into the machinations of an economist who wasn't motivated by publications. Here, and throughout his works, an inquisitive spirit remains remarkable and forever resonant.Trade Review"Gary Becker is one of the greatest economists of all time. The Economic Approach is perhaps the best place to start dipping into his work." -- Tyler Cowen | George Mason University"What a tremendous book! Becker was a giant, with an extraordinary combination of intense focus and curiosity, and you can see his genius here. Be prepared to be surprised and illuminated—and to have some fun in the process.” -- Cass R. Sunstein | author of "Too Much Information"Table of ContentsForeword by Edward Glaeser 1. Just the Beginning Acceptance Speech at Bradley Award Ceremony, June 4, 2008 The Spirit of the University of Chicago, September 14, 2010 2. Accounting for Tastes Preference Formation within Families, June 1992 Rational Indoctrination and Persuasion, March 2001 Some Notes on Drugs, Addiction, Families, and Public Policy, May 2000 Promotion Tournaments, Power, Earnings, and Gambling, July 1991 3. Household Production and Human Capital Should the Military Pay for Training of Skilled Personnel? August 15, 1957 Further Reflections on the Allocation of Time, February 2014 The Insurance of Market and Nonmarket Human Capital, November 1980 On Whether Intergenerational Mobility Has Declined in US While Inequality Has Increased, March 2012 Derivation of Relation Between Schooling of Parents and Children and Inequality, April 2012 4. Income Inequality and the Public Sector A Positive Theory of the Redistribution of Income, April 1978 A Note on Optimal First Best Taxation and the Optimal Distribution of Utilities, 1982 5. Family Economics Economics and the Family, September 21, 1999 Chronological Academic Life of Gary S. Becker Selected Writings about Gary S. Becker Bibliography of Gary S. Becker Dissertations Chaired by Gary S. Becker at Columbia University and the University of Chicago Acknowledgments Notes Index

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Book SynopsisThe highly engaging introduction to thinking like an economist, updated for a new generation of readers. When economists wrestle with any social issuebe it unemployment, inflation, healthcare, or crime and punishmentthey do so impersonally. The big question for them is: what are the costs and benefits, or trade-offs, of the solutions to such matters? These trade-offs constitute the core of how economists see the worldand make the policies that govern it. Trade-Offs is an introduction to the economic approach of analyzing controversial policy issues. A useful introduction to the various factors that inform public opinion and policymaking, Trade-Offs is composed of case studies on topics drawn from across contemporary law and society. Intellectually stimulating yet accessible and entertaining, Trade-Offs will be appreciated by students of economics, public policy, health administration, political science, and law, as well as by anyone following current social policy debates.Table of ContentsPreface to the Third Edition Acknowledgments 1 Stepping into Social Policy Analysis 2 Do You Want to Trade? 3 Is Saving Lives Repugnant? 4 Organ Donor, I Presume? 5 Stop Bothering Me 6 The Government Taketh Away 7 To Create and Protect 8 Don’t Do the Crime If You Can’t Do the Cane 9 What a Fine Mess 10 Three Strikes and You’re In 11 For Shame 12 A Valuable Life to Some Extent 13 No Insurance for You 14 A Pound of Prevention 15 Hazardous to Your Morals 16 Doctors Behaving Badly 17 You’re Offsetting Me 18 Smoke If You Got ’Em 19 Joe Camel Wants YOU 20 A Safer Cigarette? 21 Fast-Food (Expla)Nation 22 The Addictive Choice 23 Consistently Inconsistent 24 We Will Make You Better Off—Like It or Not 25 There Are No Solutions Index

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Book SynopsisAn essential guide to the role of microeconomic incentives, macro policies, and technological change in enhancing agriculture resilience. Climate change and the recent COVID-19 pandemic have exposed the vulnerability of global agricultural supply and value chains. There is a growing awareness of the importance of interactions within and between these supply chains for understanding the performance of agricultural markets. This book presents a collection of research studies that develop conceptual models and empirical analyses of risk resilience and vulnerability in supply chains. The chapters emphasize the roles played by microeconomic incentives, macroeconomic policies, and technological change in contributing to supply chain performance. The studies range widely, considering for example how agent-based modeling and remote sensing data can be used to assess the impact of shocks, and how recent shocks such as the COVID-19 pandemic and the African Swine fever in China affected agricuTable of ContentsPreface Introduction Pol Antràs and David Zilberman 1. Symbiotic, Resilient, and Rapidly Transforming Food Supply Chains in LMICs: Supermarket and E-commerce Revolutions Helped by Wholesale and Logistics Co-pivoting Thomas Reardon and David Zilberman 2. Global Agricultural Value Chains and Structural Transformation Sunghun Lim 3. Exchange Rate Volatility and Global Food Supply Chains Sandro Steinbach 4. Fertilizer and Algal Blooms: A Satellite Approach to Assessing Water Quality Charles A. Taylor and Geoffrey Heal 5. Demand Shocks and Supply Chain Resilience: An Agent-Based Modeling Approach and Application to the Potato Supply Chain Liang Lu, Ruby Nguyen, Md Mamunur Rahman, and Jason Winfree 6. The Performance and Future of Ag Supply Chains A. G. Kawamura 7. Exploring Spatial Price Relationships: The Case of African Swine Fever in China Michael Delgado, Meilin Ma, and H. Holly Wang 8. Concentration and Resilience in the US Meat Supply Chains Meilin Ma and Jayson L. Lusk 9. Labor Dynamics and Supply Chain Disruption in Food Manufacturing A. Ford Ramsey, Barry K. Goodwin, and Mildred M. Haley 10. Has Global Agricultural Trade Been Resilient under COVID-19? Findings from an Econometric Assessment of 2020 Shawn Arita, Jason Grant, Sharon Sydow, and Jayson Beckman Contributors Author Index Subject Index

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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Book SynopsisIn this study of newborn weight and economic growth in Boston, Dublin, Edinburgh, Montreal and Vienna between 1850 and 1930, W. Peter Ward explores the relation between infant size, economic development, and living standards of working-class women in the industrializing West.

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a huge range and FREE tracked UK delivery on ALL orders.

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Book SynopsisCarefully compiled and containing some of the most cutting-edge research and analysis available, this volume should be of interest to any specialist or policymaker concerned with ongoing changes in savings and retirement behaviors.

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Book SynopsisA collection of papers addressing issues that affect the well-being of individuals as they age and a society that is composed increasingly of older people. Questions fundamental to public policy are considered, as well as theories that lay new groundwork for future research.

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Book SynopsisBy the turn of the century, the largest generation of Americans in history, the Baby Boomers, will be approaching 65 years old. But as the demand for health and long-term care is growing dramatically, health care programs have been shrinking instead of expanding to meet the older generation's needs. In this timely book, John R. Wolfe offers practical solutions to the coming health crisis, exploring innovative ways of developing insurance plans for the care of the large, aging Baby Boom generation and beyond. In previous decades, when younger Americans far outnumbered older ones, retirees could depend on financial support through taxes from the population at large. But as Boomers retire and the work force begins to shrink, there will be a disproportionately large population of retirees to workers. With such a big jump in the percentage of older Americans in the population, fewer workers will be able to to transfer funds, through taxes, to retirees. Moreover, other traditionally reliab

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Book SynopsisContents Introduction Corporate Social Responsibility (CSR): Contrast of Meanings and Intents; A. P.Kakabadse; N.K.Kakabadse & C.Rozuel CSR Penetrating the Supply Chain: Desire Lacking Reality; A.P.Kakabadse; N.K.Kakabadse & R. Middleton Corporate Social Responsibility (CSR) in Healthcare: Case Study of a Local French Hospital; A.P. Kakabadse, N.K. Kakabadse and C. Rozuel Investment Brokers Orientation toward CSR; A.P.Kakabadse; N.K.Kakabadse & R.Knyght Ethical Considerations in Decision-Making: Case Study of the UK's Acute Private Healthcare Industry; A.P.Kakabadse; N.K.Kakabadse; C. Rozuel & K. Elliott Insider Trading - So What's Wrong With It? Examination of the Vienna, London and New York Stock Exchanges; A.P.Kakabadse; N.K.Kakabadse & A.Kaspurz CSR in the Boardroom: Myth or Mindfulness; A.P.Kakabadse; N.KakabadseTable of ContentsContents Introduction Corporate Social Responsibility (CSR): Contrast of Meanings and Intents; A. P.Kakabadse; N.K.Kakabadse & C.Rozuel CSR Penetrating the Supply Chain: Desire Lacking Reality; A.P.Kakabadse; N.K.Kakabadse & R. Middleton Corporate Social Responsibility (CSR) in Healthcare: Case Study of a Local French Hospital; A.P. Kakabadse, N.K. Kakabadse and C. Rozuel Investment Brokers Orientation toward CSR; A.P.Kakabadse; N.K.Kakabadse & R.Knyght Ethical Considerations in Decision-Making: Case Study of the UK's Acute Private Healthcare Industry; A.P.Kakabadse; N.K.Kakabadse; C. Rozuel & K. Elliott Insider Trading - So What's Wrong With It? Examination of the Vienna, London and New York Stock Exchanges; A.P.Kakabadse; N.K.Kakabadse & A.Kaspurz CSR in the Boardroom: Myth or Mindfulness; A.P.Kakabadse; N.Kakabadse

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Book SynopsisThe number and magnitude of the ethics failures reported on a nearly daily basis in newspapers and on blogs are seemingly unprecedented. The castle is on fire, to borrow a rabbinic metaphor, and each one of us is faced with the question: Is there anything we can do about it? In this book, Moses Pava explores new and alternative ways of relating to Jewish texts and concepts. In doing so, he invents a nuanced, flexible, and sufficiently sensitive vocabulary to conduct productive ethical dialogues, both within and between communities.Trade Review"At a time when the Jewish world is reeling from a series of scandalous swindles, violations of human dignity and animal rights, rabbinic criminal activities, etc., Moses Pava has stepped forward to give us new hope for a relevant, powerful Jewish ethic. This book combines fresh thinking, playful and profound imagination, wide reading, and unusually sophisticated analysis. It gives us not a cut-and-dried set of rules and laws but a creative, life-embracing,courageous method of living ethically while dealing with moral challenges as they come. There are no easy answers in this book; instead,there are complex cases that stretch us and make us grow. While this book will touch modern Orthodox Jews most deeply, it will enrich anyone who who wants to live more ethically." - Rabbi YitzGreenberg "Ethical issues today are serious and the temptation is to find a simple answer to them.Paradoxically, one way to address them is through some playfulness and through a commitment to ongoing, complex discussion.Pava's approach elucidates some basic ways to deal with a complex world that is deeply satisfying." - Timothy Fort, The Lindner-Gambal Professor of Business Ethics, School of Business, George Washington University "This fresh and courageous book confronts failures in business ethics both within and beyond the Jewish community.Itexplores an unusually broadarray of traditional Jewish texts, faces contemporary social issues, and suggests innovative approaches in a way that urges the reader into dialogue.This is a valuable,accessible, and engaging contribution to Jewish ethics." - Rabbi David Teutsch, The Louis and Myra Wiener Professor of Contemporary Jewish Civilization; Chair, Department of Contemporary Jewish Civilization; and Director, Levin-Lieber Program in Jewish Ethics, Reconstructionist Rabbinical CollegeTable of ContentsPART I: OVERVIEW Jewish Ethics in a New Key Temptations of Tradition Sacred Compromise Renewing Jewish Ethics PART II: ON THE GROUND Learning to Speak about the Elephant in the Room The Art of Moral Criticism Deal Breaker and the Money Laundering Rabbis Loving the Stranger and the Fall of the Agriprocessors The Problem with Income and Wealth Inequalities PART III: FRONTIERS 'The Exaltation of the Possible' - Ethics and Play An Optimistic Case for the Future of Jewish Ethics In a Post-Madoff World

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Book SynopsisAlfred Marshall, Principles of Economics (1890) – Founder of Modern (Neo-classical) Economics. His book Principles of Economics was the dominant textbook in economics for a long time and it is considered to be his seminal work.Trade Review"It is impossible to understand economics in the twentieth century without knowing about Marshall's Principles. The simplicity of his presentation conceals complexities that were not apparent to later generations who picked up on the mathematics whilst ignoring many of the evolutionary ideas that fascinate modern scholars." Roger E. Backhouse, Professor of the History and Philosophy of Economics, University of Birmingham, UK "Alfred Marshall's Principles of Economics is an outstanding contribution, one of the foundations of neoclassical economics, and shaped the thought of economists from John Maynard Keynes to Milton Friedman. Every modern economist should make its acquaintaince and should look in admiration at that seminal diagram in which Marshall drew a supply curve intersecting a demand curve. Peter Groenewegen, Marshall's biographer and the greatest living Marshall scholar, has written a new introduction for this edition, drawing on a lifetime of insightful scholarship." Robert W. Dimand, Professor of Economics, Brock University, CanadaTable of ContentsBOOK I: PRELIMINARY SURVEY 1. Introduction 2. The Substance of Economics 3. Economic Generalizations or Laws 4. The Order and Aims of Economic Studies BOOK II: SOME FUNDAMENTAL NOTIONS 1. Introductory 2. Wealth 3. Production, Consumption, Labour, Necessaries 4. Income. Capital. BOOK III: ON WANTS AND THEIR SATISFACTION 1. Introductory 2. Wants in Relation to Activities 3. Gradations of consumers' demand 4. The elasticity of wants 5. Choice between different uses of the same thing. Immediate and deferred uses. 6. Value and utility BOOK IV: THE AGENTS OF PRODUCTION. LAND, LABOUR, CAPITAL AND ORGANIZATION T 1. Introductory 2. The Fertility of Land 3. The Fertility of Land, continued. The Tendency to Diminishing Return. 4. The Growth of Population 5. The Health and Strength of the Population 6. Industrial Training. 7. The Growth of Wealth 8. Industrial Organization 9. Industrial Organization, continued. Division of Labour. The Influence of Machinery 10. Industrial Organization, continued. The Concentration of the Specialized Industries in Particular Localities. 11. Industrial Organization, continued. Production on a Large Scale 12. Industrial Organization, continued. Business Management. 13. Conclusion. Correlation of the Tendencies to Increasing and to Diminishing Return BOOK V: GENERAL RELATIONS OF DEMAND, SUPPLY, AND VALUE 1. Introductory. On Markets. 2. Temporary Equilibrium of Demand and Supply 3. Equilibrium of Normal Demand and Supply 4. The Investment and Distribution of Resources 5. Equilibrium of Normal Demand and Supply, continued, with reference to long and short periods 6. Joint and Composite Demand. Joint and Composite Supply 7. Prime and total cost in relation to joint products. Cost of marketing. Insurance against risk. Cost of Reproduction. 8. Marginal costs in relation to values. General Principles. 9. Marginal costs in relation to values. General Principles, continued 10. Marginal costs in relation to agricultural values 11. Marginal costs in relation to urban values 12. Equilibrium of normal demand and supply, continued, with reference to the law of increasing return 13. Theory of changes of normal demand and supply, in relation to the doctrine of maximum satisfaction 14. The theory of monopolies 15. Summary of the general theory of equilibrium of demand and supply BOOK VI: THE DISTRIBUTION OF THE NATIONAL INCOME 1. Preliminary survey of distribution 2. Preliminary survey of distribution, continued 3. Earnings of labour 4. Earnings of labour, continued 5. Earnings of labour, continued 6. Interest of capital 7. Profits of capital and business power 8. Profits of capital and business power, continued 9. Rent of land 10. Land tenure 11. General view of distribution 12. General influences of progress on value 13. Progress in relation to standards of life

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Book SynopsisThis volume explores problems concerning the series, national development and the national canon in a range of countries and their international book-trade relationships. Studies focus on issues such as the fabrication of a national canon, and on the book in war-time, the evolution of Catholic literature, imperial traditions and colonial libraries.Trade Review'An invaluable and engrossing re-evaluation of the Publishers Series, providing stimulating international comparisons and a lasting and important contribution to modern social and cultural history' - James Raven, Professor in Modern History, University of Essex, UK 'The phenomenon of the publisher's series - so central to 18th and 19th-century publishing and reading practices - has never before been considered so fully. In the sheer breadth of the new material they encompass, enabling comparisons across time and space, these volumes will prove invaluable to students and scholars alike.' - Mary Hammond, Senior Lecturer, Department of English, University of Southampton, UKTable of ContentsList of Illustrations Acknowledgements Notes on Contributors Introduction. Wondering about 'the Causes of Causes'. The Publisher's Series, its Cultural Work and Meanings PART II: The Series, the Academy, and the World; J.Spiers The American Publisher's Series Goes to War, 1942-1946, J.B.Hench The Spanish Collections of Herder Verlag: International Catholic Literature; A.C.Viro Adamantios Korais' The Greek Library (1805-1827): An Ingenious Publisher and The Making of a Nation; N.Yakovaki Fabricating a National Canon: The Role of Richard Bentley and George Robertson in Developing and Marketing the Australian Library; A.Rukavina Series for Women in 19th Century Netherlandsl; L.Kuitert Leonard Bast's Library: Aspiration, Emulation and the Imperial National Tradition; R.Fraser Negotiating the List: Launching Macmillan's Colonial Library and Author Contracts; S.Towheed Household Words: An Account of the 'Bengal Family Library'; A.Gupta Great Books by the Millions: J. M. Dent's 'Everyman Library'; T.I.Seymour 'The Green and the Gold': Publisher's Series in 19th-century Ireland; E.Tilley One Series After Another: The Macmillan Company of Canada; R.Panofsky Index

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Book SynopsisAndré Broome is Associate Professor of International Political Economy at the University of Warwick, UK. He has published various articles on global political economy, and is the author of The Currency of Power: The IMF and Monetary Reform in Central Asia (Palgrave Macmillan).Trade Review"An ideal introduction to the field of international political economy for both undergraduates and masters' classes, addressing an array of topics from finance to development, NGOs to inter-governmental bodies, and realist to feminist political economy. It incorporates contemporary developments without losing sight of both deeper structures and trends within IPE." - Jason Sharman, Griffith University, Australia "A highly innovative and exceptionally informative textbook that is about as comprehensive as it gets, is distinctive in its approach not least through its novel focus on actors in the world economy, and is right up-to-date with respect to the key issues, theories and debates that have emerged in the discipline within the last decade. A brilliant IPE textbook for the 21st century." - John M. Hobson, University of Sheffield, UK "A comprehensive study of an ever-expanding field, usefully divided into the theories, actors and topics that constitute the agenda of contemporary research into the global political economy. It allows the student to engage with the key concerns of the field at multiple levels simultaneously, providing a synoptic approach that other textbooks lack." - Mark Blyth, Brown University, USA "Clearly presented and engagingly written, this analysis offers a fresh and timely perspective on the global political economy and is an essential read for students of the field." - Jacqueline Best, University of Ottawa, CanadaTable of Contents1. Introduction to International Political Economy 2. Theoretical Perspectives in International Political Economy 3. Contemporary Debates in International Political Economy PART I: ACTORS IN THE GLOBAL POLITICAL ECONOMY 4. State Actors 5. International Organizations 6. Club Forums 7. Market Actors 8. Non-Governmental Organizations 9. Everyday Actors PART II: Issues in the Global Political Economy 10. Global Trade 11. Global Money and National Currencies 12. Global Capital Mobility 13. Financial Crises 14. Sovereign Debt 15. Tax and Welfare 16. Global Poverty and Development 17, Resource Competition and Energy 18. The Environment and Climate Change.

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Book SynopsisThis book explores the role of photographs in newspapers and online news, analyzing how meanings are made in images and exploring text-image relations, illustrated with authentic news stories from both print and online news outlets.Trade Review“This book is richly illustrated and provides a careful account of the tools available, effectively demonstrating how they can be applied, as well as how Caple has developed them to apply more closely to news images. … this is a worthwhile and timely contribution to the field of news discourse, which Caple has rightly demonstrated as, for all intents and purposes, multimodal.” (Helan A. Sissons, Communication Research and Practice, Vol. 3 (1), 2017)"[Caple's] knowledge base and experience make for some interesting research." - CHOICE "By presenting a systematic analysis of press photographs and providing a set of useful tools for their interpretation, Photojournalism: A Social Semiotic Approach successfully redresses the imbalance between words and images in news discourse studies, and its insightful account of text image relations, in particular, constitutes a timely and valuable contribution to the area of multimodal discourse analysis." - Discourse & CommunicationTable of Contents1. Introducing the Multisemiotic News Story 2. News Values and the Multisemiotic News Story 3. The Multiple Functionality of News Images 4. Composition and Aesthetic Value in Press Photography 5. Text-image Relations in News Discourse Part 1: Image as Nucleus 6. Text-image Relations in News Discourse Part 2: Image as Satellite 7. Text-image Relations in News Discourse Part 3: Sequences of Images 8. Evolving Practices

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Book SynopsisDon Ross provides a concise and distinct introduction to the philosophy of economics for students in need of a short but engaging study of the main issues in the subject today. Ross offers his own provocative interpretation of the value of economics in science and public policy giving a unique perspective from a world authority.Table of ContentsList of Figures List of Acronyms Series Editor's Preface Preface 1. Philosophy of Economics as Philosophy of Science 2. Economics and its Neighbours Before 1980 3. The Expansion of the Economic Toolbox 4. How Economics and Psychology Differ 5. Economics as a Social Science References Index

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Book SynopsisIn Purpose, world-renowned thought leader Nikos Mourkogiannis turns the entire idea of leadership on its head and shows that the choice between values and success is no choice at all. Drawing on examples from across multiple industries, Mourkogiannis demonstrates how a strong purpose is the essential first step toward lasting success.

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Book SynopsisThis book demonstrates the connection between economic and strategic developments in Asia with several, interrelated arguments. India is close behind, and warns that while many observers are proceeding as if current U.S. treaties will continue indefinitely, Asia is already preparing for changing patrons.Trade Review"A marvelously rich, important, original book on the rise of the 'mega-countries,' China and India, who are casting a long shadow on the rest of the world." - Paul Bracken, Professor of Management & Political Science, Yale University "Thisboth sweepingand detailed study contributessignificantly to our understanding of the combination of economic and strategic developments in Asia since the financial crisis of 1997. The economic-growth driven, sustained, phenomenal rise of China and India is a dominant event of the 21st century. In his analysis, Professor Denoon considers how these new, evolving strategic realignments and balances in Asia will have significant, though not yet well appreciated, implications for U.S. foreign policy." - Hugh T. Patrick, Co-Director, APEC Study Center, Columbia University and R.D. Calkins Professor Emeritus"David Denoon has given us a major book which will help refocus our attention away from the post-9/11 preoccupation with the Middle East and Gulf to fundamental strategic realignments underway in South and East Asia. Denoon is a unique Asia specialist in his ability to assess the economic as well as the political trends that are transforming the Asia-Pacific region. He documents in detail how the continental powers of Asia India and China as well as Japan emerged unscathed from the financial crisis of 1997 to reshape the economic structure of the region, and how institutions like ASEAN and APEC have failed to give voice to the concerns of smaller regional states. This is an analysis much broader than the 'rise of China'.It will help us understand why Asia will be the world's power center of the 21st Century." - Richard H. Solomon,President, U.S. Institute of PeaceTable of ContentsOverview Why Was the 1997 Crisis So Severe? Is the Current Recovery Sustainable? The Mixed Record on Integration in East Asia Strategic Realignments in Asia United States Policy and Asian Realignments

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