Economic systems and structures Books
De Gruyter Inventory Optimization: Models and Simulations
Book SynopsisIn this book . . . Nicolas Vandeput hacks his way through the maze of quantitative supply chain optimizations. This book illustrates how the quantitative optimization of 21st century supply chains should be crafted and executed. . . . Vandeput is at the forefront of a new and better way of doing supply chains, and thanks to a richly illustrated book, where every single situation gets its own illustrating code snippet, so could you. --Joannes Vermorel, CEO, Lokad Inventory Optimization argues that mathematical inventory models can only take us so far with supply chain management. In order to optimize inventory policies, we have to use probabilistic simulations. The book explains how to implement these models and simulations step-by-step, starting from simple deterministic ones to complex multi-echelon optimization. The first two parts of the book discuss classical mathematical models, their limitations and assumptions, and a quick but effective introduction to Python is provided. Part 3 contains more advanced models that will allow you to optimize your profits, estimate your lost sales and use advanced demand distributions. It also provides an explanation of how you can optimize a multi-echelon supply chain based on a simple—yet powerful—framework. Part 4 discusses inventory optimization thanks to simulations under custom discrete demand probability functions. Inventory managers, demand planners and academics interested in gaining cost-effective solutions will benefit from the "do-it-yourself" examples and Python programs included in each chapter. Events around the book Link to a De Gruyter Online Event in which the author Nicolas Vandeput together with Stefan de Kok, supply chain innovator and CEO of Wahupa; Koen Cobbaert, Director in the S&O Industry practice of PwC Belgium; Bram Desmet, professor of operations & supply chain at the Vlerick Business School in Ghent; and Karl-Eric Devaux, Planning Consultant, Hatmill, discuss about models for inventory optimization.The event will be moderated by Eric Wilson, Director of Thought Leadership for Institute of Business Forecasting (IBF):https://youtu.be/565fDQMJEEg Table of Contents Deterministic supply chains Inventory policies How much should I order? When should I order? Stochastic supply chains Safety stocks Inventory policies Stochastics lead times Advanced stochastic models Fill rate Cost and service level optimization Beyond normality Forecast Multi echelon inventory optimization Discrete inventory optimization Newsvendor Simple simulations Multi echelon inventory optimization simulations
£40.95
WW Norton & Co The Corrosion of Character
Book SynopsisA Business Week Best Book of the Year.... "A devastating and wholly necessary book."—Studs Terkel, author of Working
£12.34
HarperCollins Publishers FUNNY MONEY In Search of Alternative Cash xxiii
Book SynopsisOnly our limited idea of money is keeping us poor. David Boyle introduces us to alternative cash and people who can conjure money – that is, spending power – out of nothing.Trade Review‘An inspirational book, crammed with ideas’TES
£6.64
HarperCollins Publishers Inc Win at All Costs
Book SynopsisAfter years of rumors and speculation, Matt Hart sets out to peel back the layers of secrecy that protected the most powerful coach in running. What he finds will leave you indignant—and wondering whether anything in the high-stakes world of Olympic sport has truly changed. —Alex Hutchinson, New York Times bestselling author of EndureGame of Shadows meets Shoe Dog in this explosive behind-the-scenes look that reveals for the first time the unsettling details of Nike''s secret running program—the Nike Oregon Project.In May 2017, journalist Matt Hart received a USB drive containing a single file—a 4.7-megabyte PDF named “Tic Toc, Tic Toc. . . .” He quickly realized he was in possession of a stolen report prepared a year earlier by the United States Anti-Doping Agency (USADA) for the Texas Medical Board, part of an investigation into legendary running coach Alberto Salazar, a Houston-based endocrinologist named Dr. Jeffrey Brown, and cheating by Nike-sponsored runners, including some of the world’s best athletes. The information Hart received was part of an unfolding story of deception which began when Steve Magness, an assistant to Salazar, broke the omertà—the Mafia-like code of silence about performance-enhancing drugs among those involved—and alerted USADA. He was soon followed by Olympians Adam and Kara Goucher who risked their careers to become whistleblowers on their former Nike running family in Beaverton, Oregon.Combining sports drama and business exposé, Win at All Costs tells the full story of Nike’s running program, uncovering a corporate win-at-all-costs culture.
£22.49
HarperCollins Publishers Inc Davos Man
Book SynopsisTrade Review“A meticulously researched, clearly reported and truly infuriating history of the way the top 1% of the world has systematically arranged the way societies operate in order to become even richer, all to the detriment of the rest of us. … The book serves as a call to arms and an invitation to fight back against the continued unabashed pillaging of all economies by those who least need it.” — San Francisco Chronicle “Powerful. … Goodman’s reporting is biting and bitterly funny. … Davos Man shows us that today’s extreme wealth is inextricably linked to a great crime, perhaps the greatest one of this century: the hijacking of our democracy.” — Washington Post “Excellent. ... An angry, powerful look at the economic inequality that's been brought into sharp relief by the COVID-19 pandemic. … A powerful, fiery book, and it could well be an essential one.” — NPR.org "The Times’s global economics correspondent profiles five billionaires (along with workers and migrants across the world) to show how their exploitation of the pandemic has exacerbated inequality across the globe." — New York Times Book Review “Well-written and well-reported. … A passionate denunciation of the mega-rich.” — The Economist "A biting, uproarious yet vital and deadly serious account of the profound damage the billionaire class is inflicting on the world. Peter S. Goodman guides the reader through the hidden stories and twisted beliefs of some of the titans of finance and industry, who continually rationalize their bad behavior to themselves." — JOSEPH E. STIGLITZ, recipient of the Nobel Prize in Economics "Unflinching and authoritative, Peter Goodman’s Davos Man will be read a hundred years from now as a warning, bellowed from the blessed side of the velvet rope, about a slow-motion scandal that spans the globe. Deliciously rich with searing detail, the clarity is reminiscent of Tom Wolfe, let loose in the Alps, in search of hypocrisies and vanities." — EVAN OSNOS, National Book Award-winning author of Age of Ambition and Wildland “One of the great financial investigative journalists, Peter S. Goodman delivers a meticulously detailed account of how the billionaire class has hijacked the world’s economy, feasting on calamity, shirking taxes, all the while spouting bromides about compassionate capitalism. I so wish this tale of limitless greed and hypocrisy was a novel or a mini-series and not the truth about the world in which we live. Reader, prepare to be enraged.” — BARBARA DEMICK, author of Nothing to Envy and Eat the Buddha “New York Times global economics correspondent Goodman mounts a scathing critique of the greed, narcissism, and hypocrisy that characterize those in ‘the stratosphere of the globe-trotting class’… An urgent, timely, and compelling message with nearly limitless implications.” — Kirkus Reviews (starred review) “Impressively detailed. … Very readable, extensively reported. … A well-researched and lively explanation of how the global economy works, and the turning points that have enabled profiteering by the ultra-rich while undermining societal and democratic institutions.” — Charter “Goodman is a skilled reporter whose stories of private affluence and public squalor are filled with detail and human interest.” — Wall Street Journal
£14.24
McGraw-Hill abusinessanditsbeliefs
£13.25
Elsevier Science Freemium Economics
Book SynopsisPresents a practical, instructive approach to successfully implementing the freemium model into your software products by building analytics into product design from the earliest stages of development. This book provides guidelines for using data and analytics through all stages of development to optimize your implementation of the freemium model.Trade Review"Seufert’s book provides extensive guidance on analyzing the data generated by a freemium product to boost retention and drive revenue. By collecting and deploying analytics on large amounts of data generated by users of the product, through all stages of development and usage, the author explains how you can optimize your implementation of the freemium model." --Data and Technology Today, 2014Table of Contents1. What is the Freemium Model? 2. Analytics as the Heart of Freemium 3. Quantitative Methods for Product Management 4. Freemium Metrics 5. Lifetime Customer Value 6. Monetization and Downstream Marketing 7. Virality 8. Optimized User Acquisition
£37.99
Penguin Books Ltd The Truth About Markets
Book SynopsisCapitalism faltered at the end of the 1990s as corporations were rocked by fraud, the stock-market bubble burst and the American business model unfettered self-interest, privatization and low tax faced a storm of protest. But what are the alternatives to the mantras of market fundamentalism?Leading economist John Kay unravels the truth about markets, from Wall Street to Switzerland, from Russia to Mumbai, examining why some nations are rich and some poor, why one-size-fits-all' globalization hurts developing countries and why markets can work but only in a humane social and cultural context. His answers offer a radical new blueprint for the future.
£13.49
Penguin Books Ltd PostCapitalism
Book Synopsis''The most important book about our economy and society to be published in my lifetime'' Irvine WelshFrom Paul Mason, the award-winning Channel 4 presenter, Postcapitalism is a guide to our era of seismic economic change, and how we can build a more equal society. Over the past two centuries or so, capitalism has undergone continual change - economic cycles that lurch from boom to bust - and has always emerged transformed and strengthened. Surveying this turbulent history, Paul Mason wonders whether today we are on the brink of a change so big, so profound, that this time capitalism itself, the immensely complex system by which entire societies function, has reached its limits and is changing into something wholly new.At the heart of this change is information technology: a revolution that, as Mason shows, has the potential to reshape utterly our familiar notions of work, production and value; and to destroy an economy based on markets an
£10.44
Penguin Books Ltd The Entrepreneurial State
Book Synopsis10TH ANNIVERSARY EDITION: UPDATED WITH A NEW PREFACE''Superb ... At a time when government action of any kind is ideologically suspect, and entrepreneurship is unquestioningly lionized, the book''s importance cannot be understated'' GuardianAccording to conventional wisdom, innovation is best left to the dynamic entrepreneurs of the private sector, and government should get out of the way. But what if all this was wrong? What if, from Silicon Valley to medical breakthroughs, the public sector has been the boldest and most valuable risk-taker of all?''A brilliant book'' Martin Wolf, Financial Times''One of the most incisive economic books in years'' Jeff Madrick, New York Review of Books''Mazzucato is right to argue that the state has played a central role in producing game-changing breakthroughs'' Economist''Read her book. It will challenge your thinking'' ForbesTrade ReviewRead her book. It will challenge your thinking * Forbes *One of the most incisive economics books in years * New York Review of Books *This book has a controversial thesis. But it is basically right * Financial Times *
£10.44
Penguin Books Ltd The Anxious Triumph A Global History of
Book SynopsisTrade ReviewA brilliant writer with a polymathic range. With The Anxious Triumph, he has produced a magnum opus, an accessible and genuinely global history of the transformative but unstable capitalist phenomenon. ... This is a book for today and tomorrow. -- Harold James * Financial Times *It is hugely erudite: everyone can learn from it. -- Paul Collier * New Statesman *Sassoon offers us a sprawling map, studded with fascinating details. ... It is quirkily brilliant -- Adam Tooze * Guardian *He is no apologist. His comprehensive account of the origins of modern capitalism make clear the human cost of a system of institutionalised greed -- Iain Macwhirter * Herald *
£13.49
Harcourt Brace International The Robber Barons
Book Synopsis
£18.39
Oxford University Press Inc Cracking the China Conundrum
Book SynopsisChina''s rise is altering global power relations, reshaping economic debates, and commanding tremendous public attention. Despite extensive media and academic scrutiny, the conventional wisdom about China''s economy is often wrong. Cracking the China Conundrum provides a holistic and contrarian view of China''s major economic, political, and foreign policy issues.Yukon Huang trenchantly addresses widely accepted yet misguided views in the analysis of China''s economy. He examines arguments about the causes and effects of China''s possible debt and property market bubbles, trade and investment relations with the Western world, the links between corruption and political liberalization in a growing economy and Beijing''s more assertive foreign policies. Huang explains that such misconceptions arise in part because China''s economic system is unprecedented in many ways-namely because it''s driven by both the market and state- which complicates the task of designing accurate and adaptable aTrade Review"In spite of repeated warning by many well-known economists of coming collapse of Chinese economy, China has maintained dynamic growth in the past four decades and contributed yearly more than 30 percent to world growth since the global financial crisis erupted in 2008. Huang's book provides an insightful analysis about the secrets of China's success. This is a must read for anyone who wants to know about the future of China and the world." -- Justin Yifu Lin, Director, Center for New Structural Economics, Peking University and Former Chief Economist, the World Bank "Yukon Huang has written a most perceptive volume on the dynamics of China's economic transformation and their global implications. Accessible, authoritative, and timely, this is a must-read book for our time." -- Dali L. Yang, William C. Reavis Professor of Political Science, The University of Chicago "For years, foreign analysts have underestimated China's economic potential and its ability to conquer problems that have stunted growth in other developing countries. Yukon Huang's excellent book helps us understand why. Cracking the China Conundrum is essential reading for anyone who wants to understand how China has got this far, and what its chances are for evading the middle-income trap." -- Arthur R. Kroeber, Author of China's Economy: What Everyone Needs to Know "Cracking the China Conundrum is a much-needed work: it takes the conventional wisdom regarding the world's second biggest economy and subjects it to a clear and rigorous analysis that forces us to rethink what China's role means for world trade, and the way that it will address issues such as debt. Yukon Huang's analysis is clear and powerful. This is an essential read on a topic that nobody on earth can now afford to ignore." -- Rana Mitter, Director, University of Oxford China Centre "Yukon Huang's Cracking the China Conundrum achieves balance in age of imbalance, arguing that: China has substantial room for growth with efficiency-promoting reforms; political change not entirely conforming to western expectations will occur; Beijing will seek to maintain features of the post-War order that spurred its success while seeking to modify others; and, America needs to adapt to this growing power, while maintaining strategic balance. This is wise analysis." -- David M. Lampton, Professor and Director, China Studies, Johns Hopkins-SAISTable of ContentsChapter 1: Introduction Chapter 2: Differing Global and Regional Perceptions Chapter 3: Origins of China's Growth Model Chapter 4: China's Unbalanced Growth Chapter 5: China's Debt Dilemma Chapter 6: Emerging Economic, Social and Political Tensions Chapter 7: China's Trade and Capital Flows Chapter 8: China's Foreign Investment with the U.S. and EU Chapter 9: China's Impact on the Global Balance of Power Chapter 10: Conclusion - Cracking the China Conundrum Appendix 1: Elaboration of China's Development Experience Appendix 2: Are China's Statistics Manipulated? References
£44.11
Oxford University Press Inc AntiSystem Politics
Book SynopsisThis book examines the electoral successes of anti-system forces in the rich democracies. It explains the rise of anti-system politicians and parties in terms of two separate but closely related developments: the rise of economic inequality and insecurity over the last four decades, and the failure of technocratic elites to address them.Trade ReviewJonathan Hopkin offers a well-researched book which identifies connections between the anti-system politics in the United States, Britain, Greece, Spain and Italy. He finds there is a clear divide in how Northern and Southern Europe express their forms of anti-system politics. But he demonstrates how they both have common threads which tie them into a common zeitgeist which has affected the Western political tradition. This is quite an accomplishment. * Jonathan Hopkin, Democracy Paradox *Table of ContentsIntroduction The New World Order: The End of Social Democracy and the Rise of the Liberal Cartel The Failure of the Liberal Cartel: The Political Consequences of the Financial Crisis of 2008 Varieties of Anti-System Politics The Implications of Anti-System Politics: Nationalism, Socialism, Participation
£21.14
Oxford University Press The Japanese Economy
Book SynopsisThe Japanese Economy, 4th Edition is for anyone curious about economics, for it is impossible to appreciate economics without vivid examples of its application. This book is also for anyone broadly interested in Japan, for it is impossible to fully understand Japan without learning what basic economics has to say about it, which is much. To know Japan - or any country for that matter - is more than an ability to recite a litany of facts about its history, geography, institutions, and culture. Disciplined thinking is needed to organize the disparate facts into a coherent system that can be grasped whole. Modern economics is the academic discipline underlying this book. The book uses economics and explains it, but without presuming the reader has any prior knowledge of it. The main object of interest is Japan. It starts with Japan''s economic history since the late sixteenth century through the twentieth century. It then addresses contemporary topics in Japan''s economy, beginning with ones that require an economy - wide perspective - economic growth and the business cycle, exchange rates, and the balance of trade. The discussion then moves on to sectors of the economy: the public sector, industry and trade, the financial system, the labor market, and more. The chapters can be read in any order, but four threads run through all the chapters and link them: Japan''s economic growth and development, Japan''s integration with the world economy, government policies and their effects, and peculiar economic institutions and practices.Trade ReviewReview from previous edition Flath skillfully uses the powerful engine of neoclassical economic theory to dissect and integrate the unique and colorful panorama of the Japanese economy . . . An exemplary book on an important country. * Choice *In conclusion, one really cannot fault this book and it was a pleasure to read. While it is not a history of the Japanese economy per se, one can open the book at almost any page and learn something about Japan's history in the context of its economy. It is a well-written, lucid and attractive book, and should be recommended reading for all students of Japan's economy and business. Its broad historical sweep should make it appealing to business historians, too, particularly those with an interest in economics. * Michael J. Lynskey, Business History *Table of ContentsIntroduction 1: Incomes and Welfare of the Japanese Today 2: Economic History, Part 1: The Tokugawa Period (1603-1868) and the Meiji Era (1868-1912) 3: Economic History, Part 2: The Twentieth Century (1912-1945) 4: Economic History, Part 3: Postwar Recovery 5: Saving 6: Macroeconomy 7: International Finance 8: International Trade 9: Industrial Policy 10: Public Economy, Part 1: Government Spending 11: Public Economy, Part 2: Taxes 12: Environmental Policy 13: Industrial Organization 14: Finance 15: Marketing 16: Labor 17: Technology
£38.94
Oxford University Press Overcentralization in Economic Administration A
Book SynopsisOriginally published in 1959, this monograph by an Eastern European economist boldly and openly criticized socialist central planning.Trade ReviewReview from previous edition Kornai found little evidence of comprehensive planning. Instead, he determined that the planning system consisted of quarterly gross output orders that could readily be manipulated by managers and had to be fulfilled at any price. Kornai's Overcentralization already contained the seeds of Kornai's later key findings of the dysfunctionalities of socialist planning; namely, soft budget constraints and the shortage economy. Kornai's most important finding was largely overlooked throughout the socialist world-that the planned economy could not be reformed by partial measures. * Paul R. Gregory, Public Choice *Kornai's interest in methodology arose from the inadequacy of existing economic theory, both Marxist-Leninist and Western mainstream, to help solve major topical economic problems. He used the methodology that he developed to analyse concrete economic issues. The major economic problem that he analysed was the reform of the bureaucratic-command system in his native Hungary. His PhD thesis, which was published in English translation as Overcentralization in economic administration was a detailed account of some problems of that system. He was involved in plans to reform it. However, it became very obvious that there was no economic theory that could provide guidance for reformers. Some people were attracted to market socialism, but Kornai rejected it both in theory and as a basis for improving the Hungarian economic system. * Michael Ellman, Cambridge Journal of Economics *The Hungarian Janos Kornai is the most famous, and certainly the most influential, economist to have emerged from postwar Communist Europe. His reputation is based on three books, Overcentralization, Economics of Shortage, and The Socialist System, which knocked away the intellectual foundations of the publicly owned, bureaucratically planned economy. * Robert Skidelsky *Table of ContentsList of tables I: THE SYSTEM OF INSTRUCTIONS II: INCENTIVES FOR TOP MANAGEMENTS III: SOME USEFUL AND HARMFUL TENDENCIES WHICH RESULT FROM THE JOINT EFFECTS OF PLAN INSTRUCTIONS AND INCENTIVES IV: RELATIONSHIPS BETWEEN ENTERPRISES. THE ROLE OF ENTERPRISES AS BUYERS AND SELLERS V: EXCESSIVE CENTRALIZATION AS A SOCIO POLITICAL PROBLEM VI: ATTEMPTS TO DEVELOP LOCAL INITIATIVE AND AUTONOMY FOR ENTERPRISES Notes on the Book's Previous and Subsequent History
£30.00
Oxford University Press, USA Free Markets and Social Justice
Book SynopsisIn this title, Sunstein presents a wide-ranging analysis of free markets and their limits, and discussion of law and economics as a field. He explores "free markets" and social justice in three main parts. The book raises a number of questions about economic analysis of law in its conventional form.Trade Review"This is an excellent book. Sunstein is one of the leading legal scholars of his generation and this is an extremely timely subject, particularly in this era of regulatory embattlement."--Carol Rose, Yale Law School "This is a thought-provoking and important contribution to current public policy debate. Highly recommended for libraries at all levels."--Choice "Sunstein's stature among legal scholars is tremendous; his previous books have reflected an admixture of pathbreaking, provocative scholarship on many key law and policy debates today. Free Markets and Social Justice represents a valuable and important contribution to Sunstein's impressive ouevre."--Daniel B. Rodriguez, University of California School of Law, Berkeley "Sunstein captures again and again in this provocative and insightful book the ways in which context and the nature of our humanity shape preferences, and so need to be accounted for (as markets cannot do) in a political system that seeks to be just. Fortunately for us, his luminescent career has developed at the University of Chicago, in the midst of colleagues whom, as he puts it, could TRY to teach him something about economics, but more importantly provoke and help him to hone the skeptical responses that have so consistently animated his influential scholarship. This collection of essays, revised and shaped to persuasive unity, will be enormously helpful to all who wish to explore the uses and abuses of market reasoning in the political and legal sphere."--Peter L. Strauss, Columbia University "Sunstein is a man of many ideas, and this book is a splendid introduction to them."--Bruce Ackerman, Yale Law School "Sunstein draws on his profound understanding of both economic theory and cognitive psychology to provide fresh insights into a variety of public policy issues."--Greg Saltzman, Albion College "This is an excellent book. Sunstein is one of the leading legal scholars of his generation and this is an extremely timely subject, particularly in this era of regulatory embattlement."--Carol Rose, Yale Law School "This is a thought-provoking and important contribution to current public policy debate. Highly recommended for libraries at all levels."--Choice "Sunstein's stature among legal scholars is tremendous; his previous books have reflected an admixture of pathbreaking, provocative scholarship on many key law and policy debates today. Free Markets and Social Justice represents a valuable and important contribution to Sunstein's impressive ouevre."--Daniel B. Rodriguez, University of California School of Law, Berkeley "Sunstein captures again and again in this provocative and insightful book the ways in which context and the nature of our humanity shape preferences, and so need to be accounted for (as markets cannot do) in a political system that seeks to be just. Fortunately for us, his luminescent career has developed at the University of Chicago, in the midst of colleagues whom, as he puts it, could TRY to teach him something about economics, but more importantly provoke and help him to hone the skeptical responses that have so consistently animated his influential scholarship. This collection of essays, revised and shaped to persuasive unity, will be enormously helpful to all who wish to explore the uses and abuses of market reasoning in the political and legal sphere."--Peter L. Strauss, Columbia University "Sunstein is a man of many ideas, and this book is a splendid introduction to them."--Bruce Ackerman, Yale Law School "Sunstein successfully and eloquently lays out weighty arguments without making them seem ponderous."--Booklist "...coherent and pertinent.."--The Law and Politics Book Review "It is...a very clean and exquisitely written catalogue of the insights."--Journal of Economic Literature "This is an excellent overview of law and several public policy areas such as health, environment, information, and technology....the analysis of economics of law is well contrasted with constitutionalism to analyze "new public management" policies."--Brad Chilton, University of Toledo
£32.39
Oxford University Press, USA Moving to Markets in Environmental Regulation Lessons from Twenty Years of Experience
Book SynopsisOver the last decade, market-based incentives have become the regulatory tool of choice when trying to solve difficult environmental problems. Evidence of their dominance can be seen in recent proposals for addressing global warming (through an emissions trading scheme in the Kyoto Protocol) and for amending the Clean Air Act (to add a new emissions trading systems for smog precursors and mercury--the Bush administration''s Clear Skies program). They are widely viewed as more efficient than traditional command and control regulation. This collection of essays takes a critical look at this question, and evaluates whether the promises of market-based regulation have been fulfilled. Contributors put forth the ideas that few regulatory instruments are actually purely market-based, or purely prescriptive, and that both approaches can be systematically undermined by insufficiently careful design and by failures of monitoring and enforcement. All in all, the essays recommend future research that no longer pits one kind of approach against the other, but instead examines their interaction and compatibility. This book should appeal to academics in environmental economics and law, along with policymakers in government agencies and advocates in non-governmental organizations.
£85.50
MP-WBK World Bank Group Publ Rethinking the East Asian Miracle
Book Synopsis
£38.66
OUP India India In the World Economy
Book SynopsisThis volume collects some of Deepak Lal's essays on Indian economic policy written since the publication of his he Hindu Equilibrium in 1989, and essays relating to the world economy which are of relevance to India's ongoing transition from a planned to a globally integrated market economy.Trade ReviewDeepak Lal's splendid and wide-ranging collection of essays is particularly notable because it tries to explain India's long tryst, not with Nehru's much quoted "destiny", but with its opposite: a failed economy. Jagdish Bhagwati, TLS Lal zeroes in on the egalitarians with powerful arguments. Jagdish Bhagwati, TLS Lal stimulates, even provokes, but never disappoints the inquisitive reader. Jagdish Bhagwati, TLS
£18.38
Oxford University Press Addressing Tipping Points for a Precarious Future
Book SynopsisThis is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at British Academy Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Tipping points are zones or thresholds of profound changes in natural or social conditions with very considerable and largely unforecastable consequences. Tipping points may be dangerous for societies and economies, especially if the prevailing governing arrangements are not designed either to anticipate them or adapt to their arrival. Tipping points can also be transformational of cultures and behaviours so that societies can learn to adapt and to alter their outlooks and mores in favour of accommodating to more sustainable ways of living.This volume examines scientific, economic and social analyses of tipping points, and the spiritual and creative approaches to identifying and anticipating them. The authors focus on climate change, ice melt, tropical fTable of Contents1. Tipping points and critical thresholds: metaphors and systemic change ; 2. Earth system tipping points ; 3. The culture dimensions: editorial introduction ; 4. Food security, biodiversity and degradation: editorial introduction ; 5. The Spiritual Dimensions: editorial introduction ; 6. Politics, the markets and business: editorial introduction ; 7. Communicating tipping points and resilience: editorial introduction ; 8. A precarious future
£28.49
Oxford University Press Inc In Defense of Public Debt
Book SynopsisTrade Reviewa rich and absorbing narrative * John Plender, Financial Times *A thorough and comprehensive history of public debt * Paschal Donohoe, Irish Times *Discussions of sovereign debt are always the same, yet always different. Why debt finance? How much can we borrow? Should creditors worry? The authors take us on a fascinating 2500-year tour of sovereign debt through the ages, the discussions, the successes and the failures. The bottom line: Well-used, debt finance has been and is precious. The latest example: The use of debt during the Covid crisis. A must read for anybody interested in current debt debates. * Olivier Blanchard, Professor of Economics Emeritus, MIT, and Senior Fellow, Peterson Institute for International Economics *An exceptionally comprehensive and readable history of public debt from ancient Greece to modern Greece and from Argentina to Australia to Asia to America. This book is rich with detail, studded with lessons learned, forgotten and learned again, and packed with analytical perspective that reflects decades of scholarship. It is a timely reminder to governments, lenders, investors and ordinary citizens that if you don't know where you've been, you probably don't know where you are going. * David Wessel, Director, Hutchins Center on Fiscal and Monetary Policy, Brookings Institution *Repeatedly since the 1980s, Americans have been told to worry about the size of the federal debt. And yet the debt has continued to grow absolutely and as a share of gross domestic product, with few of the predicted adverse consequences. Building expertly on large and complex literatures in history, economics and political science, In Defense of Public Debt offers a balanced account of the positive and negative aspects of public debt, showing the vitally important role government borrowing can play in a time of crisis, but also the very real problems that can arise when debts grow too large. At a time when too many policymakers subscribe to naive ideas about public finance, this is a book that cries out for a readership beyond the academy. * Niall Ferguson, Milbank Family Senior Fellow, Hoover Institution, Stanford *For a typical citizen, protection in war-time or in a pandemic reveals their government to be a problem-solver rather than 'the problem.' Yet the legacy of such episodes in the accumulated national debt is widely misunderstood, opening the way to too rapid a turn to austerity. In Defense of Public Debt provides enlightenment and reassurance by inviting the reader to follow how public debt—warts and all—has helped create the modern world. * Wendy Carlin, Professor of Economics, University College London *In Defense of Public Debt could not be timelier. It is an engaging and informative account of the use and misuse of government borrowing, from early times to the Covid pandemic. The unquestionable expertise of the authors, and their non-partisan reading of the evidence from our past, will serve to guide the intelligent reader as they wrestle with one of the most important issues of our time: Are we borrowing too much? * Raghuram Rajan, Professor of Finance, University of Chicago *How much debt should a country accumulate during a crisis? And afterwards? To know what works and what doesn't requires verdicts on past performances. The authors deliver the verdicts, applying sound principles in a definitive global history of public debt. * Peter H. Lindert, Distinguished Professor of Economics (Emeritus), University of California - Davis *With so much nonsense about the public debt in the air, it is refreshing to discover a work of such intelligence, balance, and erudition. Read In Defense of Public Debt for fun and profit. Then send an excerpt or two to your favorite politicians. * Alan S. Blinder, Gordon S. Rentschler Memorial Professor of Economics and Public Affairs, Princeton University *In this fascinating and comprehensive history, the authors provide a much-needed antidote to the simplistic accounts that so often dominate debates about government debt. From its earliest origins to today, public borrowing has sometimes led to spectacular failures, but it has also allowed societies to achieve objectives that would have been impossible in its absence. As we ask where we stand with public debt today, there is no better book to remind us of the lessons of history. * David Stasavage, Julius Silver Professor of Politics, New York University *In Defense of Public Debt, by Eichengreen, El-Ganainy, Esteves and Mitchener, could not have been better timed...As a work of economic history, it provides a comprehensive, clear and readable tour through the ages of sovereign debt that will be of interest to economists, historians, political scientists, philosophers, as well as to practitioners and the general public interested in current debates on debt sustainability. * Anahí Wiedenbrüg, Economics and Philosophy *Table of ContentsAcknowledgments Chapter 1. Introduction Chapter 2. Debt in Service of the State Chapter 3. States and the Limits of Borrowing Chapter 4. Democratization and Globalization Chapter 5. Caveat Emptor Chapter 6. Managing Problem Debts Chapter 7. Successful Consolidation Chapter 8. Warfare to Welfare Chapter 9. Cycles of Debt Chapter 10. Oil and Water Chapter 11. Missed Opportunities Chapter 12. Debt to the Rescue Chapter 13. COVID-19 Chapter 14. Conclusion References
£23.37
Oxford University Press Micro Changes
£37.04
Clarendon Press Real Freedom for All
Book SynopsisCapitalist societies are full of unacceptable inequalities. Freedom is of paramount importance. These two convictions are widely shared across the world. Yet they often seem in complete contradiction with each other. Fighting inequality jeopardizes freedom; taking freedom seriously boosts inequality. What can be done? Can the circle be squared? Philippe Van Parijs offers a ground breaking solution to the dilemma. Assessing and rejecting the claims of both socialism and conventional capitalism, he presents a clear and compelling alternative vision of the just society: a capitalist society offering a substantial unconditional basic income to all its members. Moving beyond pure political theory, Van Parijs shows what his ideal of free society means in the real world by drawing out its controversial policy implications. Real Freedom for All will be essential reading for anyone concerned about the just society and the welfare state as we move into the twenty first century.Trade ReviewReal Freedom for All is not just an exercise in political advocacy. It is an important piece of social philosophy on its own right. Although Van Parijs's main concern is to defend his own views, this book amounts to a critical guide through much of the recent literature on the topics it addresses. Professional philosophers will therefore find it stimulating and instructive, even as they take issue with one or another of its many controversial contentions. * Andrew Levine, The Philosophical Review, Vol.105 No.4 *Table of Contents1. Capitalism, Socialism, and Freedom ; 2. The Highest Sustainable Basic Income ; 3. Undominated Diversity ; 4. Jobs as Assets ; 5. Exploitation versus Real Freedom ; 6. Capitalism Justified
£54.90
Oxford University Press Liquidity Lost The Governance of the Global Financial Crisis
Book SynopsisThe interventions of crisis management during the 2007 to 2011 financial crisis were not simply responses to a set of given developments in markets, banking or neo-liberal capitalism. Nor can those interventions be adequately explained as the actions of sovereign state officials and institutions. Instead, Langley argues, processes of crisis governance are shown to have established six principal technical problems to be acted upon: liquidity, toxicity, solvency, risk, regulation, and debt and that the governance of these technical problems, is shown to have been strategically assembled in order to secure the continuation of a particular, financialized way of life that depends upon global financial circulations. Contributing to interdisciplinary debates in cultural economy and the social studies of finance, and grounded in extensive empirical research, this book offers an innovative analysis of how the contemporary global financial crisis was governed. Through an exploration of the interTable of Contents1: Introduction 2: Financial Crisis Governance 3: Liquidity 4: Toxicity 5: Solvency 6: Risk 7: Regulation 8: Debt 9: Conclusion
£32.99
Oxford University Press The Limits of the Market The Pendulum Between
Book SynopsisThe old discussion of ''Market or State'' is obsolete. There will always have to be a mix of market and state. The only relevant question is what that mix should look like. How far do we have to let the market go its own way in order to create as much welfare as possible for everyone? What is the responsibility of the government in creating welfare? These are difficult questions. But they are also interesting questions and Paul De Grauwe analyses them in this book.The desired mix of market and state is anything but easy to bring about. It is a difficult and sometimes destructive process that is constantly in motion. There are periods in history in which the market gains in importance. During other periods the opposite occurs and government is more dominant. The turning points in this pendulum swing typically seem to coincide with disruptive events that test the limits of market and state. Why we experience this dynamic is an important theme in the book.Will the market, which today is afforded a greater and greater role due to globalization, run up against its limits? Or do the financial crisis and growing income inequality show that we have already reached those limits? Do we have to brace ourselves for a rejection of the capitalist system? Are we returning to an economy in which the government is running the show?Trade ReviewThe book is a concise and straightforward look into the application of modern capitalism, its esoteric contradictions that threaten to tear it apart, and its relationship with government... Aside from the effective analysis, a major advantage of the bookis the explanatory narrative that the author utilizes, with minimal references, making it accessible to both academic and non-academic audiences * Alexandros Kyriakidis, JMCS *An excellent book on the ideological debate between market and state... The book is just a joy to read. Both economists and general readers will find it very useful. * Syed Basher (East West University, Bangladesh), Economic Record *One of Europe's leading economists, Paul de Grauwe is such a guide. In his lucid new book, the Belgian professor now based at the LSE explains how one should think about the balance between markets and governments as systems interacting with one another over time: an excellent little guide to how one should think about where we are and might be going. * Martin Wolf, Financial Times *In this lucid little book, De Grauwe, a Belgian economist now at the London School of Economics, explains why neither a pure market economy nor a purely government-controlled one is desirable. Getting the balance between market and government is extremely difficult. In practice, we lurch too far in one direction and then the other. * Financial Times, Best Books of 2017 *Table of ContentsPreface 1: The Great Economic Pendulum 2: The Limits of Capitalism 3: External Limits of Capitalism 4: Internal Limits of Capitalism 5: The Utopia of Self-Regulation in the Market System 6: Who Can Save The Market System from Destruction? 7: External Limits of Governments 8: Internal Limits of Governments 9: Who is in Charge? Market or Government? 10: Rise and Fall of Capitalism. Linear or Cyclical? 11: The Euro is a Threat to the Market System 12: The World of Piketty 13: Pendulum Swings between Markets and Governments
£37.99
Oxford University Press Performance and Progress Essays on Capitalism Business and Society
Book SynopsisThe prevailing aspiration of business is performance, while that of society is progress. Capitalism, both the paradigm and practice, sits at the intersection of these dual aspirations, and the essays in this volume explore its fraught status there.Contributions to this volume address questions such as (i) what''s the problem with capitalism?; (ii) is the problem just with the practice or with the very paradigm?; (iii) what is progress and who is responsible for it?; (iv) what evolution is required at the individual, system, and paradigm level so that enterprises and the executives who lead them may better integrate performance with progress?; and (v) whither consumers, employees, and investors in this evolution?The book offers perspectives from two distinct intellectual domains-social science and philosophy. Scholars in social science (including economics, management, and sociology) tend to study performance. Ideas of progress, on the other hand, tend to fall more under the purview of Trade ReviewThe volume is ambitious... the list of authors reads like a who's who of the debate about capitalism and economic justice. A rich and inspiring read that is likely to offer food for thought even for readers well familiar with the volume's themes. * Lisa Herzog, Technical University of Munich *Rangan has curated a thought-provoking exhibition of current thinking which certainly more than meets his modest declared objective of providing material for business school courses on corporate social responsibility * Howard Davies, The Times Literary Supplement, *Table of ContentsPART I PROBLEM; PART II PROGRESS; PART III BALANCING AND TRADEOFFS; PART IV CHOICES AND PREFERENCES; PART V POWER AND TRUST; DISCUSSION SUMMARY - POWER AND TRUST
£55.00
Oxford University Press The Invisible Hand How Market Economies have
Book SynopsisThe Invisible Hand? offers a radical departure from the conventional wisdom of economists and economic historians, by showing that ''factor markets'' and the economies dominated by them -- the market economies -- are not modern, but have existed at various times in the past. They rise, stagnate, and decline; and consist of very different combinations of institutions embedded in very different societies. These market economies create flexibility and high mobility in the exchange of land, labour, and capital, and initially they generate economic growth, although they also build on existing social structures, as well as existing exchange and allocation systems. The dynamism that results from the rise of factor markets leads to the rise of new market elites who accumulate land and capital, and use wage labour extensively to make their wealth profitable. In the long term, this creates social polarization and a decline of average welfare. As these new elites gradually translate their economiTrade ReviewBas Van Bavel has given both public policy and comparative institutional history a great boost by asking big questions about where we are in the history of economic development, looking at contemporary quandaries through the lens of long-term historical patterns. * Hilton L. Root, Independent Review *Starting from a sharp focus on fundamental problems -- the long-term effects of society on market economies, the management of catastrophes -- Bas van Bavel tests existing theories and clearly formulates his innovative insights. * Wim Blockmans, Emeritus professor of medieval history, Leiden University *Bavel is excellent in providing numerical estimates... It is not only the plausibility of the mechanism of decline that gives strength to Bavel's thesis; it is also that he lists the manifestation of the decline * Branko Milanovic, globalinequality *A brief review...cannot do justice to wealth of material in this important new book, other than by noting that anyone interested in these issues should not miss it. * Gene Callahan, Cardiff University, History: Reviews of New Books *This a beautifully written book, easy to read, which makes it adequate for a wide audience. Above all, it is an original and intellectually challenging piece of scholarly work that breaks new historical grounds. Van Bavel is one of the few scholars alive who is equally an expert on history, economics, politics. This characteristic enables him a truly subtle analysis of texts and ideas. I want to make clear at the outset that economists and economic historians neglect this book at their peril, since it represents a methodological challenge to research as usual ... this book is going to be a vital contribution to the advancement of economic discourse as well as a crucial intervention in current political debate. * Stefano Zamagni, Journal of Economics *Van Bavel's deep expertise in the subject matter weaves an intricate web of connections of cultural, economic, and social aspects across time and space, and seamlessly draws the reader into a wonderful account * Mauricio Drelichman, Journal of Economic Literature *any social scientist interested in "big think" questions will benefit greatly from reading The Invisible Hand? While it presents only a piece of the "great divergence" puzzle, it is an understudied piece that is an important complement to existing theories based on institutions, culture, and governance. * Jared Rubin, EH.net *Table of Contents1: Introduction: Markets in economics and history 2: Markets in an early medieval empire: Iraq, 500-1100 3: Markets in medieval city-states: the centre-north of Italy, 1000-1500 4: Markets in late medieval / early modern principalities: the Low Countries, 1100-1800 5: Epilogue: Markets in modern states: England, the United States and Western Europe, 1500-2000 6: Conclusion: The fundamental incompatibility of market economies with long-run prosperity Bibliography
£27.99
Oxford University Press CAPITALISM BEYOND MUTUALITY C Perspectives
Book SynopsisOur quest for prosperity has produced great output but not always great outcomes. The growing list of concerns includes climate and natural capital, abuse of wealth and market power, economic insecurity, gender bias and disparity, competitive and immoderate consumption, and unhealthful lifestyles. Fundamentally, when it comes to well-being, fairness, and the scope of our humanity, the modern economic system still leaves much to be desired. In turn, trust in business and the liberal market system (a.k.a. capitalism) has been declining and regulation has been rising.Thankfully, a variety of forces-civic, economic, and intellectual-have been probing for better alternatives. The contributions in this volume, coauthored by eminent philosophers, social scientists, and thoughtful business leaders, are submitted in this spirit.Mutuality, or the exchange of benefits, has been established as the prime principle of action and inter-action in addressing the chronic dilemma of human interdependence. Mutuality is a fundament in the social contract approach and it continues to serve us well. But, to address more robustly the concerns outlined above, we need to conceive a cultural economic system that is anchored on more than mutuality. In particular, we must help evolve an economic paradigm where mutuality is more systematically complemented by reasoned and elective morality. Otherwise the design of the state as protector and buffer between the market and society will remain the central (if inadequate) remedy.The essays in this volume integrate philosophy and social science to outline and explore concrete approaches to these important concerns emanating from business practice and theory.Table of Contents1: Introduction: Capitalism Beyond Mutuality? PART I :THE PARADIGM PROBLEM 2: John W. Meyer and Mathias Risse: Creation and Claims of a "World Society" 3: Bertrand Collomb and Susan Neiman: A Dialog Between Business and Philosophy 4: James G. March: Decision Processes and Value Endogeneity 5: Kwame Anthony Appiah: The Forest of Reasons 6: Kotaro Suzumura: Intergenerational Equity and Responsibility for Future Generations PART II: THE AGENCY PROBLEM 7: Amartya Sen: Our Obligation to Future Generations 8: David Autor and Philip Kitcher: As You Like It: Work, Life, and Satisfaction 9: Ebba Hansmeyer, Ramón Mendiola Sanchez, and Jim Hagemann Snabe: Purpose Driven Business for Sustainable Performance and Progress 10: Jay B. Barney and David Schmidtz: Behind Every Great Fortune is an Equally Great Crime 11: Jerry Davis and S.D. Shibulal: Taming Platform Capitalism to Meet Human Needs PART III: THE EFFECTIVENESS PROBLEM 12: Robert Frank and Philip Pettit: Corporations in the Economy of Esteem 13: Julie Battilana, Michael Fuerstein, and Mike Lee: New Prospects for Organizational Democracy 14: Elizabeth Anderson, Ing-Haw Cheng, and Harrison Hong: Philanthropy and Income Inequality 15: Valerie Tiberius and James P. Walsh: Elizabeth Anderson, Ing-Haw Cheng, and Harrison Hong 16: Rabih Abouchakra, Mona Hammami, and Jim Snabe: The Government's Catalytic Role in Driving Societal Progress
£111.62
Oxford University Press The Danish Pension System Design Performance and
Book SynopsisThe need for pension reform is widely discussed against the backdrop of falling fertility rates and rising longevity, with reference often made to Denmark as a model for pension system reform. This book offers an in-depth analysis of the Danish pension system; its design, performance, benefit structure, investment policies, regulation, and more.Table of Contents1: Torben M. Andersen, Svend E. Hougaard Jensen, and Jesper Rangvid: The Danish Pension System: Design, Performance, and Challenges 2: Torben M. Andersen: The Danish Pension System in an International Comparison 3: Niels Lynggaard Hansen and Svend E. Hougaard Jensen: Income during Retirement: On the Role of Occupational Pensions and Home Equity as a Pension Device 4: Søren Fiig Jarner, Claus Munk, and Mogens Steffensen: Pension Product Design and Relations to the Danish Market 5: Peter Løchte Jørgensen, Henrik Ramlau-Hansen, and Jesper Rangvid: Asset Allocation, Investment Policies, and Returns 6: Jesper Berg: Regulation and Supervision of the Danish Pension System 7: Malene Kallestrup-Lamb, Søren Kjærsgård, and Søren Fiig Jarner: The Impact of Longevity on Pension Systems 8: Henrik Yde Andersen, Niels Lynggaard Hansen, and Andreas Kuchler: Pension Wealth and Macroeconomic Stability 9: Torben M. Andersen and Svend E. Hougaard Jensen: Public Finances and the Interplay Between Public and Private Pensions
£87.43
Oxford University Press Stock Market Capitalism
Book SynopsisThis is a book about Washington Consensus capitalism and the controversies its encroachment causes in Japan and Germany. Many people in both those countries share the assumptions dominant today in Britain and America-that managers should be intent solely on creating shareholder value and that shareholders'' financial logic alone should determine who buys what company on the stock exchange. That way efficiency (and hence global welfare) will be maximized.The Japanese and German advocates of full-bloodied market capitalism are not having it all their own way, however. In both countries there are articulate defenders of what they consider to be a better way of life, informed by a more human, more social-solidary, set of values. Dore traces the fascinating debates which ensue on corporate governance, on worker rights, on supplier relations, on cartels and anti-trust, on pensions and welfare. He also analyses actual changes in economic behaviour-an essential means of sorting out a lot of thTrade ReviewInsightful. * Financial Adviser *Interesting insights ... Dore has written a fascinating book on an important subject. There are so many middle-of-the-road books on the assumed merits of the Anglo-American model that it is indeed welcome, necessary and timely to see the other case made. The book deserves many readers, and they will be rewarded by highly stimulating and thought-provoking ideas and interpretations ... were it not for his commitment and involvement, we might have missed some of the most remarkable scholarship on Japan in recent decades. * Social Science Japan Journal *Professor Dore has written a thoughtful and provocative book on how global capitalism may evolve. Whether or not you agree with him - and many economists and CEOs will not - if you are interested in the future of the world economy, you should read this book. * Jeffrey E. Garten, Dean, Yale School of Management *Table of ContentsPART I. THE ORIGINAL JAPANESE MODEL ; PART II. CHANGE AND CONTROVERSY IN JAPAN ; PART III. GERMAN PARALLELS ; PART IV. CONCLUSION
£61.20
Oxford University Press Varieties Of Capitalism The Institutional
Book SynopsisWhat are the most fundamental differences among the political economies of the developed world? How do national institutional differences condition economic performance, public policy, and social well-being? Will they survive the pressures for convergence generated by globalization and technological change? These have long been central questions in comparative political economy. This book provides a new and coherent set of answers to them. Building on the new economics of organization, the authors develop an important new theory about which differences among national political economies are most significant for economic policy and performance. Drawing on a distinction between ''liberal'' and ''coordinated'' market economies, they argue that there is more than one path to economic success. Nations need not converge to a single Anglo-American model. They develop a new theory of ''comparative institutional advantage'' that transforms our understanding of international trade, offers new exTrade Review... this volume and its associated literature, will become the paradigm of explanation for the next decade. * West European Politics *Contains some first-rate analysis. * British Journal of International Relations. *This volume offers a new approach to understanding the institutional differences and similarities among the developed economies. * Progress in Human Geography *A milestone in the development of the subdiscipline of comparative political economy ... There is no doubt that Varieties of Capitalism will prove to be a landmark text. It is a very important collection, of value to all students in the field. * American Political Science Review *In a collection of consistently high-quality pieces, there are particularly valuable comparative chapters on industrial relations, training systems, and corporate governance. * American Political Science Review *Written for the informed, non-specialist observer ... a useful and wide-ranging book. * Financial Adviser *This is an academic book in the sense that it draws on recent advances in economic and political theory - non-economists may find some chapters hard going - but it is also firmly based on an analysis of how companies really behave ... an important and carefully argued book. * Sir Geoffrey Owen, Financial Times *Quoted as one of the six books to change the world. * New Statesman *It is a useful and wide-ranging book. * John Sloan, Financial Adviser Careers Extra *This book has been well worth waiting for. It demonstrates the wealth of insights that could be achieved through Soskice's innovative research program that began to change the agenda of Comparative POlitical Economy more than a decade ago. The volume combines a definitive restatement of the varieties of capitalism approach with illuminative applications to the range of research areas covered by it with some fascinating theoretical extensions. Excellent! * Professor F.W. Scharpf, Max Planck Institute for the Study of Societies, Cologne *Table of ContentsPART I: GENERAL THEMES AND DIVERSE APPLICATIONS; PART II: CASE-STUDIES IN PUBLIC POLICY, CONTINUITY, AND CHANGE; PART III: CORPORATE GOVERNANCE, FIRM STRATEGY, AND THE LAW
£56.05
Oxford University Press Free Trade Nation
Book SynopsisOne of Britain''s defining contributions to the modern world, Free Trade united civil society and commerce and gave birth to consumer power. In this book, Frank Trentmann shows how the doctrine of Free Trade contributed to the growth of a democratic culture in Britain - and how it fell apart. Far from the cold economic doctrine of today, in an earlier battle over globalization Free Trade was a passionately held ideal, central to public life and national identity. Free Trade inspired popular entertainment and advertising, in seaside resorts, shows, and shopping streets. It mobilized an alliance of elites and the people, businessmen and working-class women, imperialists and internationalists. Free Trade Nation follows the creation of this culture in nineteenth-century Britain, and its subsequent unravelling in the First World War and the depression of the 1930s, when consumers and internationalists, labour and business now attacked it for sacrificing international stability and domestic Trade ReviewTrentmann has produced a valuable guide to free trade. * Journal of Liberal History *Here we have 'a human history of Free Trade' that is at once a delight to read and a cause of profound intellectual stimulation. It graphically brings alive - with splendid colour reproductions of propaganda posters too - the popular passions and prejudices of a world that suddenly ended during the First World War...This is a book imbued with fine scholarship, but one that deserves a wide readership * Peter Clarke, Times Literary Supplement *brilliant * Sunday Telegraph *This is terrific history that will inspire economists to remember their subject really can arouse passion. * Evan Davis, BBC Economics Editor *...an inspired history...Trentmann's book unfolds a dramatic story...gripping * Neue Zuercher Zeitung *Thoughtful and well-researched. * Christopher Harvie, The Independent *[A] lucid history of free trade in Britain * David Connett, Sunday Express *a landmark in economic history and the history of ideas * La Vie des Idées *fascinating * Il Riformista *...paints a vivid picture of the ideological controversy over Free Trade that remains relevant to this day. * Luxemburger Wort *offers a fresh look at a chapter in British and world history, while at the same time providing a historical perspective on today's debate about globalisation, challenging the ways we have come to think about trade, justice and democracy. * Society Now *Frank Trentmann...has not only added a great deal to our knowledge through painstaking research but has written about it with verve and energy and produced a most readable volume. * Reviews in Economic and Business History *Free Trade Nation is history at its best: far-reaching and authoritative, its story of the rise and fall of free trade as a widely-held belief marked by justice, fairness, and peace provocatively refashions the history of early-twentieth-century Britain, reminds us of an age when popular politics exerted real power, and forces us to rethink our contemporary views of consumers, markets and morality. * Professor John Brewer, California Institute of Technology *Absorbing * History Today *a fascinating book, wide ranging, detailed, well organized, and written in an engaging style * American Historical Review *Frank Trentmann's book will be the point of departure for any future scholarship on free trade... It is a ground-breaking study * European Review of History *...original and thought provoking...Trentmann's reconstruction of consumer politics is both persuasive and authoritative * History *...this impressive study...shows how liberalism turned into social democracy and how the arguments for and against Free Trade both shaped national life and embodied current views regarding man, government and society. After this book, no study of Victorian liberalism can be conducted in quite the same way. * Contemporary Review *In writing Free Trade Nation, Trentmann set out to tell the personal histories of free trade and also to write a new political history. He succeeds admirably on both accounts...Free Trade Nation should be read by anyone interested in the history of modern Britain. * British Scholar, 'Book of the Month' (December 2008) *...a major scholarly work [that] forces the reader to grapple with basic questions relating economics to politics, consumption to democracy, and offers the tools for doing so in a comparative, global frame...deserves to be read as much by citizens...as by scholars... Trentmann offers an important contribution, both to the history of Great Britain and to political history more generally. * Journal of Consumer Policy *immensely ambitious...an important and exciting book, whose arguments will need to be seriously addressed and assessed by students of both economic and political history. * Economic History Review *a brilliant book...rich and multi-faceted...full of unexpected insights...Not only a product of wonderful scholarship but also great fun... It is essential reading for anyone interested in the development of modern Britain. * English Historical Review *[a] brilliant achievement * Judges' citation for the Whitfield Prize of the Royal Historical Society *an important contribution to the cultural and social history of economic controversies. * Revue d'histoire du XIX siècle *Trentmann has written an excellent book, extensively and meticulously researched, thoughtful, nuanced, and eloquent...a book of enduring importance * Journal of British Studies *the novelty of this account lies in its pioneering attempt to turn the attention of political historians away from elections and parties towards an understanding of consumption and citizenship as central to the nature of political culture ...carefully constructed, engagingly written, finely illustrated, and suitably well-marketed. * H-Albion *Extremely timely * Nikkei (Japan) *Table of ContentsPART ONE: BUILDING A FREE TRADE NATION; PART TWO: UNRAVELLING
£40.04
Oxford University Press Debating Varieties of Capitalism
Book SynopsisPeter Hall and David Soskice''s Varieties of Capitalism has become a seminal text and reference point across the social sciences, generating debate and research around political-economic models. Here, Bob Hancké presents the key readings on ''Varieties of Capitalism'', including the original Hall and Soskice introduction, which encompass the key issues in the study of capitalism and capitalist diversity, its origins, and the debates that followed it. Beginning with the broad theoretical arguments around the idea of ''Varieties of Capitalism'', the book then goes on to focus on specific empirical controversies, before finally considering recent attempts at rethinking this influential framework. The Debating Varieties of Capitalism Reader is the perfect guide to understanding this set of ideas that have changed the way we look at comparative political economy.Table of ContentsPART 1: CAPITALIST DIVERSITY; PART 2: DEBATING VARIETIES OF CAPITALISM; PART 3: RETHINKING VARIETIES OF CAPITALISM
£50.40
Oxford University Press, USA Flexicurity Capitalism
Book SynopsisAn intense debate has played out in recent years regarding how to implement a so-called flexicurity system-a labor market reform that combines flexibility, particularly in the hiring and firing process of firms, with security in the employment and income of the workforce. In Flexicurity Capitalism, Flaschel and Greiner lay out the macroeconomic structure of this system, providing the detailed mathematical models necessary to ponder seriously how such a system can work. Their book rests on three pillars of thought: Marx, Kalecki-Keynes, and Schumpeter. The authors highlight the relevant contributions from the work of each and build upon it. They in turn provide a basic framework for flexicurity capitalism and then compare their economic system to pure capitalism to determine the best and most practical way forward. Their scope is ambitious: to address the shortcomings of a narrow focus on mass unemployment, selective-schooling systems, property rights based solely on ownership without qTable of ContentsNotation ; Introduction ; 1 Marx: Socially Acceptable Capitalism? ; 1.1 Introduction ; 1.2 Theminimum wage debate ; 1.3 Sustainable social evolution through an unrestricted reserve army mechanism? ; 1.4 Classical growth dynamics ; 1.5 Hiring and firing, social security and restricted reserve army fluctuations ; 1.5.1 Human rights: Basic income and minimum wages ; 1.5.2 Capital's and labor's responsibility: Minimum wages and basic income ; needs ; 1.5.3 Capital's and labor's responsibility: Upper bounds for real wage increases ; 1.5.4 Automatic stabilizers: Blanchard and Katz error correction terms ; 1.6 Conclusions ; Appendix: Wage dynamics. A specific theoretical foundation ; 2 Kalecki: Full Employment Welfare Capitalism? ; 2.1 Introduction ; 2.2 Economic and political aspects of full employment ; 2.3 Themodel ; 2.4 The implied laws ofmotion ; 2.4.1 The DADmodule: multiplier and employment dynamics ; 2.4.2 The DAS module: real wage dynamic and capital accumulation ; 2.5 Steady state configurations and reduced-form3D dynamics ; 2.5.1 Balanced growth in the 4D dynamics ; 2.5.2 Reduced-form3D dynamics ; 2.6 Feedback structures ; 2.6.1 Feedback channels in KMGS growth ; 2.6.2 The feedback structure of the KGR model of capital accumulation ; and employment dynamics ; 2.6.3 A feedback-suggested local stability scenario ; 2.6.4 Consensus-based economies: Attraction towards accepted steady ; state positions ; 2.7 Local instability and global boundedness ; 2.7.1 Conflict-driven economies: Repelling steady state configurations ; 2.7.2 Kalecki-type upper turning points ; 2.7.3 Goodwin-type upper turning points? ; 2.7.4 Rose-type lower turning points ; 2.7.5 Goodwin-type lower turning points? ; 2.8 Numerical examples ; 2.9 Political aspects of the Kaleckian investment and employment cycle ; 2.9.1 Monetary policy ; 2.9.2 Fiscal policy ; 2.10 Conclusions ; 3 Schumpeter: Capitalism, Flexicurity and Democracy? ; 3.1 Introduction ; 3.2 From Marxian reserve army to Schumpeter's competitive socialism and beyond ; 3.3 Flexicurity capitalism: budget equations, consumption and investment ; 3.3.1 Full-employment capitalism: Ideal, status-quo and compromises ; 3.3.2 Basic principles and problems ; 3.3.3 Sectoral accounts, consumption and investment ; 3.4 Dynamics: Stability and sustainability issues ; 3.4.1 Stability of balanced reproduction ; 3.4.2 Sustainability of balanced reproduction ; 3.5 Pension funds and credit ; 3.6 Education and schooling ; 3.6.1 The educational system: Basic structure and implications ; 3.6.2 Equal opportunities and life-long learning ; 3.7 Challenge I: Keynesian business fluctuations ; 3.8 Challenge II: Schumpeterian processes of 'creative destruction' ; 3.9 The future of capitalism: A brief appraisal ; 3.10 Elites in flexicurity societies ; 3.10.1 Basic aspects ; 3.10.2 Elite groups and areas of operation ; 3.10.3 Education: Foundation for administrative authority and social behavior ; 3.10.4 Career advancement and decent paths ; 3.10.5 Preferences, incentives and responsibilities ; 3.10.6 Elite failures ; 3.10.7 The remuneration of elites under flexicurity: A baseline proposal ; 3.10.8 A summing up ; 3.11 Price formation: Time dependent markup pricing around long-period prices ; of production ; 3.12 Conclusions and outlook ; Appendix 1: Stability of Balanced Reproduction ; Appendix 2: Sustainability of Balanced Reproduction ; 4 Unleashed Capitalism: The Starting Point for Societal Reform ; 4.1 Introduction ; 4.2 Real disequilibria, balanced portfolios and the real-financial markets interaction ; 4.3 A portfolio approach to KMG growth dynamics ; 4.3.1 Households ; 4.3.2 Firms ; 4.3.3 Fiscal and monetary authorities ; 4.3.4 The wage-price spiral ; 4.3.5 Capital markets: Gross substitutes and stability ; 4.3.6 Cumulative processes in capital gains expectations: Chartists' behavior251 ; 4.4 A baseline stability scenario ; 4.5 Likely outcomes of unleashed capitalism: Local instability and regime-switch ; induced viability ; 4.6 A further risk-bearing asset: Long-termbonds ; 4.6.1 Intensive form ; 4.6.2 Steady state ; 4.6.3 Comparative statics ; 4.6.4 Stability ; 4.6.5 Summary ; 4.7 Interest rate policy in the KMG portfolio approach ; 4.8 Conclusion ; 5 Conclusions ; Mathematical Appendix: Stability Theorems ; Notes ; References ; Index
£66.60
Oxford University Press Inc The Enigma of Capital
Book Synopsis
£16.98
The University of Chicago Press Franchising Dreams The Lure of Entrepreneurship
Book SynopsisFranchises have become an ever-present feature of American life, both in our landscapes and our economics. Peter M. Birkeland worked for three years in the front-line operations of franchise units for three companies, met with CEOs and executives, and attended countless trade shows, seminars, and expositions.
£22.80
University of Chicago Press Social Security Pension Reform in Europe NBER
Book SynopsisThe essays contained in this text highlight the problems that the European pension reform process faces and how it differs from that of the US. A range of European nations are about to implement mixed social security systems that combine pay-as-you-go with an individual retirement account.
£84.00
The University of Chicago Press The Insatiability of Human Wants Economics
Book SynopsisThis work begins during a key transitional moment in aesthetic and economic theory, 1871, when both disciplines underwent a turn from production to consumption models. The author traces the shift in Western thought from models of production to consumption.
£76.00
The University of Chicago Press The Insatiability of Human Wants Economics
Book SynopsisThis work begins during a key transitional moment in aesthetic and economic theory, 1871, when both disciplines underwent a turn from production to consumption models. The author traces the shift in Western thought from models of production to consumption.
£26.60
The University of Chicago Press Capitalism and the Historians
Book SynopsisThe authors offer documentary evidence to support their conclusion that under capitalism the workers, despite long hours and other hardships of factory life, were better off financially, had more opportunities, and led a better life than had been the case before the Industrial Revolution.
£28.50
University of Chicago Press Development Crisis of the Welfare State Parties
Book SynopsisThis text offers a systematic examination of the origins, character, effects and prospects of generous welfare states in advanced industrial democracies in the post-World War II era. The authors demonstrate that prolonged government by different parties results in different welfare states.
£81.00
The University of Chicago Press Fundamentalisms Comprehended Volume 5 The
Book SynopsisFocuses on such areas as: the fraction of firms that participate in shared capitalism programs in the United States and abroad, the factors that enable these firms to overcome classic free rider and risk problems, the effect of shared capitalism on firm performance, and the impact of shared capitalism on worker well-being.
£38.00
The University of Chicago Press Solidarity in Strategy
Book SynopsisPopular conceptions hold that capitalism is driven almost entirely by the pursuit of profit and self-interest. This work reveals an unexpected truth about capitalist society: protecting and promoting the profits of its member businesses are only two of the many functions these associations serve.Trade Review"Lyn Spillman does for trade associations what Alexis de Tocqueville did for civic ones, carefully investigating a wide range of associations in the United States - with surprising results. In describing how these associations band members together and give rise to group identities, Solidarity in Strategy breaks new ground in the discussion of the cultures of capitalism." (Frederick Wherry, University of Michigan)"
£95.00
The University of Chicago Press Solidarity in Strategy
Book SynopsisPopular conceptions hold that capitalism is driven almost entirely by the pursuit of profit and self-interest. This work reveals an unexpected truth about capitalist society: protecting and promoting the profits of its member businesses are only two of the many functions these associations serve.Trade Review"Lyn Spillman does for trade associations what Alexis de Tocqueville did for civic ones, carefully investigating a wide range of associations in the United States - with surprising results. In describing how these associations band members together and give rise to group identities, Solidarity in Strategy breaks new ground in the discussion of the cultures of capitalism." (Frederick Wherry, University of Michigan)"
£30.40
Columbia University Press Pensions Social Security and the Privatization of
Book SynopsisAs Social Security, workplace pensions, and individual retirement accounts become more insecure, America's pension system is in serious need of rehabilitation. In this timely volume, Mitchell A. Orenstein and his distinguished colleagues Gary Burtless, Teresa Ghilarducci, and Alicia Munnell argue that any reform of the U.S. pension system must address both future imbalances in the Social Security program and weaknesses in the workplace and individual retirement systems on which a growing number of Americans now rely. Weighing what is gained against what is lost as new proposals surface, this book offers a clear account and reasoned analysis of the looming crisis, as well as our collective alternatives both domestically and abroad.Trade ReviewRecommended. ChoiceTable of ContentsContents Introduction, by Mitchell A. Orenstein 1. Retirements at Risk, by Alicia H. Munnell 2. Expanding Participation in America's Workplace Retirement System, by Gary Burtless 3. Financial Market Turbulence and Social Security Reform, by Gary Burtless 4. The Plan to Save American Workers' Retirements 5. Learning from International Experience, by Mitchell A. Orenstein List of Contributors
£56.00
Columbia University Press The Restructuring of Capitalism in Our Time
Book SynopsisTrade ReviewOf all the many books on the economic crisis, this is the best. William K. Tabb has absolute command of his subject and provides the clearest account yet of the financial folly that has brought the United States to its knees. Eminently readable and reasonable, his book cuts through the clouds of obfuscation by politicians and economists alike to draw a clear lesson: financialization is a cancer running through the American economy, one that continues to suck the life out of industry, corrupt capitalists, and Congress, generating more froth than real growth or jobs. A wonderful book and a real pleasure to read. -- Richard Walker, University of California, Berkeley, and author of The Capitalist Imperative: Territory, Technology, and Industrial Growth Tabb...makes a valuable contribution to the proliferating literature on the ongoing financial crisis with this well-written, carefully researched account of the great recession. Choice It isn't an easy read like the latest Michael Lewis best seller, but those who perserve will be rewarded. -- Fred Block Pacific Standard ... Tabb strives to offer an analytically deep account of real-world developments, not a theory for its own sake... He offers his readers a wealth of empirical evidence and secondary references to substantiate his claims, and he opts for nuance instead of hyperbole where appropriate. This reviewer for one has not seen another crisis-book that manages so wellto fuse big picture thinking with attention to detail. -- Daniel Mugge, University of Amsterdam Review of International Political Economy William Tabb has written an excellent account of the causes of the 2007-2008 credit crunch - and what in 2009 became the first global recession since the 1930s. -- Jonathan Michie, Oxford University International Review of Applied EconomicsTable of ContentsAcknowledgments 1. The Centrality of Finance 2. Financialization and Social Structures of Accumulation 3. Realism in Financial Markets 4. The Shadow of the Financial System 5. The Coming Apart 6. Rescue and the Limits of Regulation 7. Nations, Globalization, and Financialization 8. The Present in History References Index
£36.00
Columbia University Press Rethinking Readiness
Book SynopsisRethinking Readiness offers an expert introduction to human-made threats and vulnerabilities, with a focus on opportunities to reimagine how we approach disaster preparedness. Jeff Schlegelmilch identifies and explores the most critical threats facing the world today.Trade ReviewIt is often said that the tragedy of 9/11 was rooted in a failure to imagine a disaster of that particular character and scale. Jeff Schlegelmilch reminds us once again of the continued relevance of that hard-earned lesson. He guides us through extreme but plausible scenarios of some of the most existential threats we face—biological catastrophe, cyber infrastructure collapse, and other civilization-altering events—providing a straightforward account of what could be in store for us if we fail to invest in prevention and mitigation. Rethinking Readiness forces our leaders to answer the question—have we done all we can? Now is the time to imagine! -- Tom Ridge, forty-third governor of Pennsylvania and first U.S. Secretary of Homeland SecurityThis timely book both looks ahead to the mega-disasters on the horizon—disasters that tank economies, shred infrastructure, and take lives—and outlines how communities can start preparing now. It is an essential guide for policy makers and concerned citizens alike who want to build a better future. -- Alice C. Hill, former senior director of resilience policy on the National Security CouncilCovering a wide range of natural hazards and man made threats, Schlegelmilch's book pushes us to think through the question that we ask all too often: are we truly prepared? With chapters on biothreats, climate change, critical infrastructure failure, cyberthreats, and nuclear conflict, he sets out a framework to ensure that we take serious risks head on and build resilience to them. A must read. -- Daniel P. Aldrich, author of Black Wave and Building Resilience and director of the Security and Resilience Program at Northeastern UniversityRethinking Readiness brings information on the scientific elements and socially constructed origins of megadisasters together in a clear and organized way. Schlegelmilch illustrates the interconnectivity of multiple drivers, showing how research and practice should consider these if we are to reach a more sustainable future. -- Ksenia Chmutina, coauthor of Disaster Risk Reduction for the Built EnvironmentSchlegelmilch provides a new perspective on the major threats and vulnerabilities facing modern society. Readers will find the discussion of megadisasters intriguing and the argument for better preparation compelling. Rethinking Readiness argues for a broader view of disasters and for a sustained effort to reduce the threats and societal vulnerability. -- William L. Waugh Jr., Professor Emeritus, Georgia State UniversityRethinking Readiness is a must-read for everyone committed to understanding the most existential threats we face, reinforced by the inclusion of multiple examples of inadequate response, including the identification of risks, opportunities, and misapplications embedded in practice. Compelling reading. * The Hindu Business Line *Table of ContentsForewordPrefaceAcknowledgmentsIntroduction1. Biothreats2. Climate Change3. Critical Infrastructure Failure4. Cyberthreats5. Nuclear Conflict6. Crosscutting Threats and VulnerabilitiesConclusion: Investing in Today, Investing in TomorrowNotesBibliographyIndex
£40.00
