Economic history Books
Princeton University Press Irrational Exuberance
Book SynopsisTrade ReviewRobert J. Shiller, Co-Winner of the 2013 Nobel Prize in Economics A New York Times Bestseller Winner of the 2000 Commonfund Prize for the Best Contribution to Endowment Management Research "Robert J. Shiller ... has done more than any other economist of his generation to document the less rational aspects of financial markets."--Paul Krugman, New York Times "Irrational Exuberance is not just a prophecy of doom... [I]t is a serious attempt to explain how speculative bubbles come about and how they sustain themselves."--John Cassidy, New Yorker "What set off this speculation and what feeds it? Shiller ranges widely his explanations, laying them out in the first 168 pages in easy-to-read, sometimes passionate prose... [T]hose first 168 pages are must reading for anyone with savings invested in stocks."--Louis Uchitelle, New York Times Book Review "Mr. Shiller's book offers a dose of realism... [I]t presents a message investors would be wise to head: Make sure your portfolio is adequately diversified. Save more and don't count on double-digit gains of the past decades continuing to bail you out during retirement."--Burton G. Malkiel, Wall Street Journal "Informative and well-argued ... A calm and reasonable antidote to today's euphoria."--Jeff Madrick, New York Review of Books "Although its message may be unwelcome to many, this important book should be read by anyone interested in economics or the stock markets."--Rene M. Stulz, Science "Dazzling, richly textured, provocative . . By far the most important book about the stock market since Jeremy J. Siegel's Stocks for the Long Run."--William Wolman, Business Week "Shiller has provided an accessible guide to the usually impenetrable literature on financial markets, especially the American stock market."--Foreign Affairs "Shiller contends that investor psychology is so given to herd behavior that it's almost impossible to manipulate or even influence. The market can 'go through significant mispricing lasting years or even decades.'"--Robert J. Samuelson, Washington Post "Irrational Exuberance should be compulsory reading for anybody interested in Wall Street or financially exposed to it; at the moment, that would be roughly everybody in the United States."--Economist "[An] excellent new book... If you want to preserve capital, unload most of your stocks and invest in government bonds."--Steve H. Hanke, Forbes "Likely to be the year's most-talked-about finance book... You can agree or disagree with it. But you owe it to yourself to read it if you are investing in equities or contemplating doing so."--Fred Barbash, International Herald Tribune "Irrational Exuberance is likely to cause a stir... Shiller illustrates how the current market is like a naturally occurring Ponzi scheme in which investors become promoters for the game after receiving initial payments with money taken from subsequent investors."--David Henry, USA Today "Irrational Exuberance is not billed as a personal finance book. But it is. You can agree or disagree with it. But you owe it to yourself to read it if you're investing, or contemplating investing, in inequities."--The Washington Post "A must-read ... Refreshing, well-reasoned ... And very readable."--Michael P. Niemira, Barron's "So why have share prices soared so high in the past five years, taking market valuations past all historical records? Professor Shiller's answer, as the title indicates, is not encouraging. His message is: diversify now as much as you can, and batten down the hatches."--Diane Coyle, Independent "Shiller has written a crystal-clear and tough-minded critique."--David Warsh, Boston Globe "The point of Irrational Exuberance is not to help investors dump their houses before the current exuberance fades. It is to deepen our understanding of the events we are watching as one bubble gives birth to another and to encourage readers to think about economic behavior and economic policies that can cushion the nasty side of volatility."--Sharon Reier, The International Herald Tribune "The first edition of this book was widely read because of its timing. This one, too, seems perfectly timed, coming when we're starting to fear we've been fooling ourselves. Again... There's a world of important information for everyone."--Lyn Miller, USA Today "The second edition's new component ... is Shiller's exploration of how market psychology has responded to the ensuing five years of retrenchment. One chilling conclusion he reaches from his knowledge of past market performance is that the 2005 market may still be correcting and that a return to 2000 levels may be a decade away. He further warns that many investors are still too heavily invested in equities and that proposals to invest Social Security funds in the stock market would subject the retirement system to unacceptable risk. Shiller expands his focus to include the booming real estate market where he sees another speculative bubble building."--Library Journal "There's plenty of new material in this edition... Chief among the new additions is Shiller's deeper focus on recent excesses in the stock market and his skepticism about investing in real estate... Shiller's ideas have so many devoted followers that I wouldn't be surprised to see many more editions."--Angele McQuade, BetterInvesting "Yale University Professor Robert Shiller pretty much called the stock market drop when this book was first published in 2000. In this fact-packed book, Shiller describes the psychological origins of volatility, among other things. And in the newest edition, Shiller compares the recent housing boom to the stock market bubble of the 1990s."--Registered Rep. "[Shiller] fully updates his argument here, adding new material (a chapter on the bond market, his 2013 Nobel lecture) and augmenting the text to reflect developments since the 2005 second edition. He vacuums up all manner of cultural phenomena, from the important (rising income inequality) to the possibly significant (Google Glass) to the trivial (Kim Kardashian), to reinforce his thesis, and he writes expressively, whether explaining arcane economic issues or illustrating how the story behind Mona Lisa's smile helps account for the painting's astonishing market value. A rare example of economic analysis, deeply respected within the discipline, wholly accessible to general readers."--Kirkus "A superb, well-written, well-argued contribution for serious scholars and practitioners, whether they agree with Shiller or not."--Choice "Shiller provides an excellent synthesis of all the evidence contradicting the efficient market hypothesis, especially how a form of irrational exuberance sometimes leads to price bubbles... Without any doubt, Irrational Exuberance must be read by anyone interested in finance. And it really can be read by anyone interested in finance because the genius of this book is to explain complex phenomena easily, avoiding specialist jargon, including mathematics."--David Le Bris, Journal of EconomicsTable of ContentsList of Figures and Tables ix Preface to the Third Edition xi Preface to the Second Edition, 2005 xix Preface to the First Edition, 2000 xxv Acknowledgments xxxi 1 The Stock Market in Historical Perspective 1 2 The Bond Market in Historical Perspective 11 3 The Real Estate Market in Historical Perspective 18 Part 1 Structural Factors 4 Precipitating Factors: The Internet, the Capitalist Explosion, and Other Events 39 5 Amplification Mechanisms: Naturally Occurring Ponzi Processes 70 Part 2 Cultural Factors 6 The News Media 101 7 New Era Economic Thinking 123 8 New Eras and Bubbles around the World 150 Part 3 Psychological Factors 9 Psychological Anchors for the Market 165 10 Herd Behavior and Epidemics 175 Part 4 Attempts to Rationalize Exuberance 11 Efficient Markets, Random Walks, and Bubbles 195 12 Investor Learning-and Unlearning 214 Part 5 A Call to Action 13 Speculative Volatility in a Free Society 225 Appendix Nobel Prize Lecture: Speculative Asset Prices 239 Notes 281 References 321 Index 339
£17.09
Ohio University Press How Green Were the Nazis
Book SynopsisThe Nazis created nature preserves, championed sustainable forestry, curbed air pollution, and designed the autobahn highway network as a way of bringing Germans closer to nature. How Green Were the Nazis?:Trade Review“Perhaps one of the greatest values of this book is to underscore once again the fact that environmentalism as a political belief system has never been value-free and thus has been able to take vastly different political forms.” * Technology and Culture *“Instead of courting controversy, How Green Were the Nazis? both draws on, and contributes to, recent trends in the historiography of the Third Reich. It treats the regime not as a ‘historical aberration’ but as a barbaric mutation of modernity that displayed ‘a mixture of atavistic and avante-garde ideas’ in environmental as in other policy areas.” * Environment and History *“The environmental ideas, policies, and consequences of the Nazi regime pose controversial questions that have long begged for authoritative answers. At last, a team of highly qualified scholars has tackled these questions, with dispassionate judgment and deep research. Their assessment will stand for years to come as the fundamental work on the subject and provides a new angle of vision on 20th-century Europe’s most disruptive force.”“An invaluable English introduction to the history of conservation in the Third Reich.”“The thesis brought forward by the editors regarding the ‘modernity’ of National Socialism is exciting.... The volume raises key questions and provides a very good basis for engaging with the history of conservation under Nazi rule.” * Historische Zeitschrift *“The picture that emerges is of a regime that seemed intent early on to protect the environment yet abandoned conservation as soon as serious war preparation commenced in 1936.... In introducing us to conservationists who threw in their lot with the Nazi regime, the volume does remind us that the desire to protect nature must be accompanied by an equally strong commitment to social justice and human rights.” * H-German *
£25.19
Boydell & Brewer Ltd Commercial Activity, Markets and Entrepreneurs in
Book SynopsisNumerous aspects of the medieval economy are covered in this new collection of essays, from business fraud and changes in wages to the production of luxury goods. Long dominated by theories of causation involving class conflict and Malthusian crisis, the field of medieval economic history has been transformed in recent years by a better understanding of the process of commercialisation. Inrecognition of the important work in this area by Richard Britnell, this volume of essays brings together studies by historians from both sides of the Atlantic on fundamental aspects of the medieval commercial economy. From examinations of high wages, minimum wages and unemployment, through to innovative studies of consumption and supply, business fraud, economic regulation, small towns, the use of charters, and the role of shipmasters and peasants as entrepreneurs, this collection is essential reading for the student of the medieval economy. Contributors: John Hatcher, John Langdon, Derek Keene, John S. Lee, James Davis, Mark Bailey, Christine M. Newman, Peter L. Larson, Maryanne Kowaleski, Martha Carlin, James Masschaele, Christopher DyerTrade ReviewA real strength of this festschrift is its masterful editing, and those keen enough to read it from cover to cover will benefit from the clear thematic threads linking all the chapters. * HISTORY *These studies are clearly written and analytical in tone. They employ detailed source criticism and local case-studies in order to participate in debates and controversies of wider significance, and open up entirely new subjects for discussion. * ENGLISH HISTORICAL REVIEW *Should be required reading for all who study late medieval England. * CULTURAL AND SOCIAL HISTORY *Should be required reading for all who study late medieval England. * JOURNAL OF BRITISH STUDIES *A fine collection of often thought-provoking essays. * THE RICARDIAN *This festschrift is more successful than many in presenting a thematically cohesive body of research, most of which will be of interest to the historian of small towns and their rural hinterlands. [...] A useful volume which contains much of interest to the urban historian. * URBAN HISTORY *A more coherent volume than many such collections manage to be. [...] Graduate students would be well advised to regard [the essays] as models of scholarship, not just as sources of information. * THE MEDIEVAL REVIEW *There is much in this volume to broaden understanding of medieval society and the editors are to be congratulated on bringing together essays which so deftly illustrate the range of Richard Britnell's own work. * JOURNAL OF MEDIEVAL ARCHAEOLOGY *Table of ContentsRichard Britnell: An Appreciation Unreal Wages: Long-run Living Standards and the 'Golden Age' of the Fifteenth Century - John Hatcher Minimum Wages and Unemployment Rates in Medieval England: The Case of Old Woodstock, Oxfordshire, 1256-1357 - John Langdon Crisis Management in London's Food Supply, 1250-1500 - Derek J Keene Grain Shortages in Late Medieval Towns - John S. Lee Market Regulation in Fifteenth-Century England - James Davis Self-Government in the Small Towns of Late Medieval England - Mark Bailey Marketing and Trading Networks in Medieval Durham - C. M. Newman Peasant Opportunities in Rural Durham: Land, Vills and Mills 1400-1500 - Peter L. Larson The Shipmaster as Entrepreneur in Medieval England - Maryanne Kowaleski Cheating the Boss: Robert Carpenter's Embezzlement Instructions [1261 x 1268], and the Employee Fraud in Medieval England - Martha Carlin The Public Life of the Private Charter in Thirteenth-Century England - James Masschaele Luxury Goods in Medieval England - Christopher Dyer Bibliography of the Writings of Richard Britnell Tabula Gratulatoria
£80.00
Harvard University Press The Purpled World
Book SynopsisDuring the Aegean Bronze Age, the spread of woolen textiles triggered an increased demand for color. In The Purpled World, Silver reveals how Minoan and Mycenaean textile producers embedded commercial motivation into traditional rituals, and considers collapse of the Mycenaean Palaces as a manifestation of disintegration in the textile industry.
£26.06
Princeton University Press The European Economy since 1945
Book SynopsisOver the second half of the twentieth century, the average European's buying power tripled, while working hours fell by a third. This work offers an account of the extraordinary development of Europe's economy since the end of World War II.Trade Review"In The European Economy Since 1945, Barry Eichengreen ... presents not only a comprehensive account of Europe's postwar economic experience but also an important analysis of capitalist development more generally... [B]y demonstrating how institutions helpful in one era can be counterproductive in another, Eichengreen has important lessons about the future to teach both policy makers and publics."--Sheri Berman, New York Times Book Review "Eichengreen, even as he presents a lot of evidence, proves himself to be a master of exposition of the big story. And none could be bigger than the one contained in this book. History will judge it one of the most amazing achievements of the 20th century."--Huw Dixon, Times Higher Education Supplement "This is a superb overview of a half century of European economic development."--Choice "An excellent book... I have never read a better [book] on what the European economies have done right and subsequently did wrong... Eichengreen ... believes that Europe can turn things around, without chucking the basic model, but he doesn't for a moment deny that Europe faces an economic crisis relative to the American model."--Tyler Cowen, Marginal Revolution "A characteristic of the best histories is not just a good narrative but a compelling thread that runs through it. Barry Eichengreen's tour de force of postwar European history is that kind of book... His thesis is that Europe's much maligned corporatist institutions played a significant role in achieving the postwar economic miracle, but that these institutions are insufficiently flexible to meet the 21st century's demands... While there can be no such thing as a definitive history of Europe's postwar economy, Eichengreen at least comes close to providing a definitive history of European economic performance, a subject in which he excels. This is in itself no mean achievement."--Wolfgang Munchau, Financial Times "For both Americans who want to understand Europe's successes and failures, and for Europeans who want to know where their continent was right and where it has gone wrong, Mr. Eichengreen has provided an excellent summary."--Daniel Pudles, The Economist "This is a splendidly delivered analysis that helps us make sense of the reversal of growth fortunes experienced by the United States and Europe since the mid-1990s... The European Economy is beautifully written and will be widely read."--Nicholas Crafts, Finance & Development "It is rare indeed for an academic book on the fundamentals of European economic growth to be widely read and circulated outside of academic circles, but if any book deserves to be, it surely is Barry Eichengreen's The European Economy Since 1945. The book is an eloquently written analysis of how the economic and governmental institutions that formerly undergirded European economic growth have become, since the early 1970s, severe impediments to its growth. It is a must-read."--Jurgen Reinhoudt, American.com "Many Eastern states have now joined the EU and made economic progress. Ambitions are high, but the author questions whether Europe can maintain its traditional communitarian ideals as global competition intensifies. Useful notes and bibliography."--Choice "This book sets a new standard for surveys of the period, outclassing the essay collections that have concentrated on Western European experience and single-author narratives that have tended to make dreary reading. Eichengreen has produced an invigorating blend of synthesis and analysis that poses major questions about the nature and evolution of European economic growth, surveys economic arguments, and delivers sharp analysis and clear explanation for the major phases of economic growth and integration... This is a landmark volume, by far the best available synthesis explaining European economic history since 1945, one ring pertinent comparison to U. S. experience that respect institutional differences and cultural preferences between countries. Its explanations and analysis are clear, concise, and engaging. Readers wishing more detail on the economic debates and national economic experiences red will appreciate the state-of-the-art bibliography. Don't miss it."--Kenneth Moure, American Historical Review "Barry Eichengreen's book The European Economy since 1945 presents a detailed introduction to the economic history of western Europe since World War II, plus a chapter on the history of central planning in eastern Europe and another on the process of transition from the economic environment typical of the Soviet Empire to a free-market environment and the European Union. Those who read it all will not be disappointed. They will find comprehensive information on the postwar situation and the reconstruction, as well as a thorough description of the integration process led to the Treaty of Rome (1957) and the European Union, with particular emphasis on the monetary aspects. The hurried reader will be satisfied, too, because each of Eichengreen's chapters can also be approached as a self-contained, well-researched, and thought-provoking essay in its own right, dealing clearly yet comprehensively with periods and episodes in recent western European history."--Enrico Colombatto, Independent Review "Eichengreen's elegant history shows that Europe's economic performance in the second half of the twentieth century was a success because labour, capital and government committed to achieving both economic growth and stability."--Adam Fleisher, International Affairs "Eichengreen has produced a readable and informative account of Europe's post-1945 economy. Drawing on a lengthy and up-to-date bibliography, he embeds a wealth of economic theories into a political and social context in a way that an intelligent layperson can understand. These strengths should enable the book to find its way into graduate courses on economic history."--Michael H. Creswell, The Historian "The book's strength lies in its ability to create an economic macro-history based on an excellent processing of well-selected statistical data chosen with good reason that is often represented in carefully constructed diagrams. It is in this fusion of 'narrating' with 'showing', consisting of documentation processed on the basis of economic theory that the book, is uncommonly effective... There is a lot to read and to think about in this ambitious book, which is constructed with precision and a notable ability for synthesis. To encourage the reader, it should be added that an excellent bibliography, a series of statistical data that is convincingly treated and adequately explained in the Appendix, and a very wide-ranging and carefully constructed index of subjects and authors quoted, facilitate his labours."--Piero Barucci, Journal of European Economic HistoryTable of ContentsLIST OF FIGURES ix LIST OF TABLES xi PREFACE xv LIST OF ABBREVIATIONS xix CHAPTER ONE: Introduction 1 CHAPTER TWO: Mainsprings of Growth 15 Probing Deeper 20 Institutional Foundations of the Golden Age 31 Institutions and History 40 The End of the Golden Age 47 CHAPTER THREE: The Postwar Situation 52 Reconstruction 54 The Transition to Sustained Growth 59 Normalization and the Political Economy of the Marshall Plan 64 German Economic and Monetary Reform 70 Obstacles to Integration 73 The 1949 Devaluations 77 The European Payments Union 79 CHAPTER FOUR: Dawn of the Golden Age 86 Understanding Growth in the 1950s 89 Germany as Pacesetter 93 Next in Line 97 The Laggards 118 Toward the Golden Age 129 CHAPTER FIVE: Eastern Europe and the Planned Economy 131 The Strategy of Central Planning 133 Problems of Central Planning 142 Partial Reforms 146 Planning Innovation 154 Regional Integration 155 The End of Reform 160 CHAPTER SIX: The Integration of Western Europe 163 Initial Steps 167 EFTA and the British Dilemma 176 Economic Effects 178 The Common Agricultural Policy 182 The Luxembourg Compromise 185 Inklings of Monetary Integration 187 The Common Market as an Established Fact 195 CHAPTER SEVEN: The Apex of the Golden Age 198 The Heyday of Extensive Growth 199 The Incorporation of the European Periphery 204 Wage Explosion and Labor Conflict 216 The End of the Golden Age 223 CHAPTER EIGHT: Mounting Payments Problems 225 Italy's Crisis 226 Britain's Problems 229 The French Crisis and the German Response 238 The Collapse of Bretton Woods 242 The European Response 246 CHAPTER NINE: Declining Growth, Rising Rigidities 252 The Productivity Slowdown 253 Innovation 257 Unemployment 263 Stabilization in Britain 277 The EMS Initiative 282 The EMS in Operation 286 The Legacy 290 CHAPTER TEN: The Collapse of Central Planning 294 The Survival of Central Planning 296 The Collapse of Communism 301 Recession and Adjustment 303 Dilemmas of Transition 308 Economic Response 310 German Reunification 318 Normalization and Integration 328 CHAPTER ELEVEN: Integration and Adjustment 335 The Single Market 336 Integration in Practice 341 From the Delors Report to the Maastricht Treaty 346 The EMS Crisis 357 The Transition to Monetary Union 366 EMU and Its Implications 370 Adjustment and Growth 377 CHAPTER TWELVE: Europe at the Turn of the Twenty-first Century 379 Employment and Growth 381 Reducing Unemployment 388 Implications for European Unemployment 393 Productivity Growth 398 Eastern European Prospects and Western European Implications 406 Economic Prospects 412 CHAPTER THIRTEEN: The Future of the European Model 414 Battle of the Systems 419 The Shadow of History 423 APPENDIX: Sources of Growth 427 REFERENCES 433 INDEX 461
£31.50
Springer International Publishing AG Talking About Global Inequality: Personal
Book SynopsisComprising a collection of interview essays with nineteen public intellectuals and scholars from around the world, this book reflects on some of the most pressing questions of our age: what is global inequality; what causes it; and how should we deal with it? Leading figures within the fields of History, Sociology, Economics, Anthropology and Postcolonial Studies, shed light on how their personal backgrounds, places of work, and hometowns have shaped their views on global inequality. We learn about the causes of global inequality, the historical factors that have shaped the world into an unequal place, and the challenges that humanity is confronted with in the face of the widening gap between the poor and the rich. Bringing together voices from the Global North and South, this book helps us to think more broadly about inequality and deepens our understanding of how this long-lasting phenomenon is, and has been, experienced across the globe.Table of Contents1. Introduction; Christian Olaf Christiansen, Oliver Bugge Hunt, Melanie Lindbjerg Machado-Guichon, Sofía Mercader Priyanka JhaPart I. Deep Roots: Legacies of Imperialism and Colonialism2. Global Equality and Inequality: Notes for a New History; Siep Sturrman3. Poverty and Ideology: Historic Pathways to Global Inequality; Julia McClure4. Anti-Imperalism and Global Inequality; Göran Therborn5. The Colonial Matrix of Power as a Wakeup Call; Walter Mignolo6. From Third World to First, and Back Again: Colonial Logics and Global Inequality; Kho Tung-YiPart II. Unequal Entanglements: A Capitalist World System7. Global Finance and Global Inequality: An Analysis Built on Global Measurement; James K. Galbraith8. How the Global Movement of Money and People Turns the World Upside Down; Alastair Greig9. The Need to Centre Imperialism in Our Study of Global Inequality; Ingrid Kvangraven10. Global Inequality and the Crisis of Neoliberal Capitalism; Gilbert Achcar11. The Unequal Effects of Climate Change; Patrick BondPart III. The Inertia of Hierarchies: Class, Caste, Race and Gender12. Reflecting on Global Inequality through my Experience of Inequality in India; Krishnas Swamy13. Writing about Poverty and Caste as a Novelist and Cultural Critic; Subramanian Shankar14. From the Personal to the Global; Arabo Ewinyu15. Global Solidarities against Global Inequality; Manushi Yami BhattaraiPart IV. Thinking Beyond Economics: The Politics of Inequalities16. From Chile to New York: Inequality, Corruption and Ogliarchic Domination; Camila Vergara17. Thinking about Global Inequality: From Buenos Aires to Belgrade; Agustín Cosovschi18. Making the Familiar Strange: Anthropological Reflections on Global Inequality; Tania Li19. Mauritius in an Unequal World; Sheila Bunwaree.
£21.84
University of California Press Can Legal Weed Win
Book SynopsisTwo economists take readers on a tour of the economics of legal and illegal weed, showing where cannabis regulation has gone wrong and how it could do better. Cannabis legalization hasn't lived up to the hype. Across North America, investors are reeling, tax collections are below projections, and people are pointing fingers. On the business side, companies have shut down, farms have failed, workers have lost their jobs, and consumers face high prices. Why has legal weed failed to deliver on many of its promises?Can Legal Weed Win? takes on the euphoric claims with straight dope and a full dose of economic reality. This book delivers the unadulterated facts about the new legal segment of one of the world's oldest industries. In witty, accessible prose, economists Robin Goldstein and Daniel Sumner take readers on a whirlwind tour of the economic past, present, and future of legal and illegal weed. Drawing upon reams of data and their own experience working with California cannabis Trade Review"In this lucid and pragmatic analysis, U.C. Davis economists Goldstein and Summer extinguish overheated predictions about the potential size and profits of the legal marijuana market. . . . Jargon-free and data-rich, this is a clear-eyed analysis of a hazy market." * Publishers Weekly *“Economists Goldstein and Sumner argue that government bureaucracy has made legal pot expensive to grow and sell, incentivizing illegal operations instead. Legal weed, their punny, breezy book shows, can only win once 'legal' isn’t an anticompetitive word.” * Bloomberg Businessweek *"An excellent primer on the state of the cannabis industry in America today." * Jacobin *"Explains how burdensome licensing requirements, regulations, and taxes have frustrated plans to displace the black market." * Reason *"Written in a fun, witty tone that makes reading about finances more engaging than ever." * CBD Oracle *Table of ContentsContents Preface: Fear and Stoning in Las Vegas Acknowledgments 1 We Call It Weed 2 Legal versus Illegal: A Market Battle 3 Prices Get High 4 We Ask Our Data: Where’s the Cheapest Legal Weed? 5 California Dreamin’ 6 Sabrina’s Story 7 Legal Weed in 2050 8 How to Survive Legalization Conclusion: Five Pipe Dreams about Legal Weed Bibliography Index
£18.90
Harvard University Press The Rise of Central Banks
Book SynopsisCentral banks are supposed to stabilize markets, yet decades of mounting central bank power have seen wave after wave of financial crisis. Leon Wansleben offers novel explanations for the rise of central banks and the problematic implications of their finance-dependent policies.Trade ReviewThe Rise of Central Banks shines light on the agency of bureaucrats and calls upon society and elected leaders to direct these actors’ efforts toward more progressive goals. * Politics Today *A laudable undertaking…Wansleben is breaking new ground. He has something to offer that you do not find in mainstream economic literature. -- Niels Bünemann * Central Banking *The Rise of Central Banks is a smart, well-researched book about central banks and their prominent role in economic governance during the recent era of financialized capitalism. Wansleben does a fine job weaving together many events, episodes, and details into a coherent story. Audiences interested in the Fed, central banking, economic policy, and financialization will certainly want to read this book. -- Bruce G. Carruthers, Northwestern UniversityThis is an impressive work that adds substantially to our scholarly understanding of modern central banks and why they have come to have such a dominant impact on our everyday lives. -- Kathleen R. McNamara, Georgetown UniversityToday’s economies are profoundly shaped by what central banks do, the decisions they take, and their blindspots. Wansleben’s superb book brings new depth, scholarship, and sophistication to the study of these hugely important organizations. -- Donald MacKenzie, University of EdinburghAmbitious and well-researched. Wansleben dissects the growing operational entanglements between monetarist governing techniques, the expansion of financial markets, and neoliberal economic policies in a world where central banks have become more powerful than ever. The outcome is a bloated financial sphere that is dangerously reliant on central banks’ actions to preserve its explosive power. A chilling, but incredibly important, account. -- Marion Fourcade, author of Economists and Societies: Discipline and Profession in the United States, Britain, and France, 1890s to 1990s
£32.26
Agenda Publishing The Mexican Economy
Book SynopsisMexico is the sixteenth largest economy in the world and Latin America’s biggest exporter and importer. Despite the country’s relative macroeconomic stability, there are two Mexicos: one more prosperous, advanced and modern, the other poor, isolated and disadvantaged, and this polarization characterizes much of the country’s recent economic development. Enrique Cárdenas provides a concise survey of Mexico’s recent economic history and examines its attempts to address the economic challenges thrown up by regional disparities, low productivity and an export-fuelled economy overwhelmingly dependent on demand from its largest neighbour. The book investigates the relative robustness of the macroeconomic fundamentals alongside specific industry-level economic trends, especially those sectors dependent on free trade agreements. Demographic trends, in particular migration to the north, urbanization, poor labour relations, organized crime and entrenched corruption are all shown to have impacted the economic path Mexico has taken. The book offers an up-to-date analysis of Mexico’s economic development, social reform programmes and political economy suitable for a range of courses in Latin American studies and development studies.Table of Contents1. Introducing the Mexican economy 2. The making of modern Mexico 3. The evolution and shape of development 4. Major components of the modern economy 5. A diverse society 6. Mexico’s uniquenesss 7. Prospects
£71.25
Yale University Press Just Price in the Markets
Book SynopsisA concise history of “just price,” from Aristotle to the present dayTrade Review“The notion of ‘just price’ is not only a matter of concern for scholars studying the past but still inspires many social and political thinkers of our time. In this respect, Charles Geisst brings a major contribution to the field.”—Alain Bresson, author of The Making of the Ancient Greek Economy: Institutions, Markets, and Growth in the City-States“Geisst offers a sweeping historical tour of the idea of just price that should benefit scholars and students alike. But he does more than that. If in a market, online, or when opening a bill, you’ve ever thought, ‘this shouldn’t cost this price,’ this book will help you understand that sentiment and the rich and important intellectual history behind it.”—Ian Klaus, author of Forging Capitalism: Rogues, Frauds, Swindlers, and the Rise of Modern Finance“Lucid, assured, and scholarly, Geisst’s new book is an education for anyone interested in economics or finance. It maps expertly how prices have shaped, and been shaped by, the discourse of philosophers and intellectuals, as well as developments in banking and trade.”—Rory Naismith, author of Making Money in the Early Middle Ages“An incredibly important and erudite history of thought on prices, interest, credit, and market transactions across the ancient Greek and Roman worlds, early Islam, medieval Christianity, and early modern Europe.”—Jared Rubin, coauthor of How the World Became Rich: The Historical Origins of Economic Growth
£23.75
Haymarket Books Henryk Grossman Works Volume 4
Book Synopsis
£40.50
World Scientific Publishing Co Pte Ltd China's Industrial Revolution And Economic
Book SynopsisFor some twenty-five years after 1949, China did not exist and the country was only rediscovered in the 1970s. As China looks set to soar in the new millennium, there is an urgency to understand the world's most populous economy with a billion plus people. This book aims to shed light on the country's rapid industrialization and internationalization by looking at questions such as: Can China sustain its accelerated rate of growth? Can labor supply be sustained at a relatively low wage rate? Can inflow of foreign direct investment be sustained at a high rate, given the consequent exposure to inflation? Will China's domestic market absorb its own output as the limit on the ability to export manufactures to overseas markets is reached? Is China's currency undervalued? Given China's foreign exchange reserves, should the country have a freely convertible currency?Trade Review"Professor Dutta in China's Industrial Revolution and Economic Presence has provided the reader with a valuable overview of the performance of the Chinese economy over the past quarter century and an analysis of what it will take for China to sustain rapid growth in the future. The book is particularly interesting in its discussion of China's relations with its neighbors and with the outside world more generally in this era of globalization. There is a valuable chapter comparing a potential Asian economic union with what made a union possible in Europe, another chapter looking at foreign direct investment into China, and a chapter on the foreign economic sector more generally. Professor Dutta brings to this study a background in economics and economic development generally, enriched by frequent visits to China that inform his analysis." Professor Dr Dwight H Perkins Harold Hitchings Burbank Professor of Political Economy Harvard University "This is a comprehensive, well-documented and insightful account of China's economic development and globalization based on years of research and many visits to China. I recommend it very highly to all interested scholars and readers." Professor Gregory Chow Princeton UniversityTable of Contents# China's Industrial Revolution # China's Economic Presence # China and Asian Continental Economic Community: Intra Community Macro- and Microeconomic Parameters # Foreign Direct Investment (FDI) in China -- An Economic Appraisal: A Structural Change # China's Money and Financial Market # The Foreign Sector of the Chinese Economy # China's Industrial Revolution and Beyond
£100.70
