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Book SynopsisWho is the richest person in the world, ever? Does where you were born affect how much money you''ll earn over a lifetime? How would we know? Why -- beyond the idle curiosity -- do these questions even matter? In The Haves and the Have-Nots, Branko Milanovic, one of the world''s leading experts on wealth, poverty, and the gap that separates them, explains these and other mysteries of how wealth is unevenly spread throughout our world, now and through time.Milanovic uses history, literature and stories straight out of today''s newspapers, to discuss one of the major divisions in our social lives: between the haves and the have-nots. He reveals just how rich Elizabeth Bennet''s suitor Mr. Darcy really was; how much Anna Karenina gained by falling in love; how wealthy ancient Romans compare to today''s super-rich; where in Kenyan income distribution was Obama''s grandfather; how we should think about Marxism in a modern world; and how location where one is born determines his wealth. He goes beyond mere entertainment to explain why inequality matters, how it damages our economics prospects, and how it can threaten the foundations of the social order that we take for granted. Bold, engaging, and illuminating, The Haves and the Have-Nots teaches us not only how to think about inequality, but why we should.Trade Review"if you have the slightest interest in politics and macro-economics, you should be (in possession of the book). When Milanovic gets serious, he becomes indispensable." (Spectator) "Branko Milanovic...had a triumphantly simple idea for a popular book which will surely also become a staple of social science department reading lists..." (Times Literary Supplement)"

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

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

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Book SynopsisUnder free-market shock therapy, many economies of former socialist countries of Eastern Europe have declined. Why has there been so much stagnation, inflation, and de-industrialization, and what can be done to produce a turnaround? This book addresses these questions in revealing detail.Trade ReviewA highly readable and extremely convincing account of why the strategies adopted by east European governments have failed. [The authors] argue that these governments adopted a free-market, neo-classical model of capitalist development, totally inappropriate to their condition and history, and one which did not reflect the way advanced capitalist countries had themselves developed. -- Peter Lawrence * Financial Times *Table of ContentsPreface From Pseudo-Socialism to Pseudo-Capitalism Transition Macroeconomics The Black Box of State-Owned Enterprises Overloading the Market Mechanism Pseudo-Privatization and the World Bank Enterprise and the State Challenges Facing the State Reconstructing the State Economy, Society, and the State Notes References Index

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Book SynopsisThe attempt of the Grameen Bank to alleviate poverty and enhance the skills and productivity of its rural women clients provides the fascinating backdrop to this important study of micro-credit institutions. Tazul Islam examines the real extent to which the Grameen Bank's credit-alone policy has been successful in securing the Bank's financial sustainability; its practical role in alleviating poverty and its actual impact on the productivity of its clients. This book concludes by considering alternative policy options that hold out the possibility of increased poverty alleviation.Trade Review'A highly recommended book for those interested to see how financial sustainability may conflict with poverty alleviation in the operation of micro-credit institutions in the epicentre of micro-credit, Bangladesh.' Kenneth E Jackson, University of Auckland, New Zealand 'For those who want to learn more about the now famous Grameen microfinance model of development, this is certainly a good reference.' The Journal of Comparative Asian Development 'Explores the microfinance model of development, focusing on the significance of changing the focus of Bangladesh's Grameen Bank from a credit-centred organization into a client-led, flexible financial services organization.' Journal of Economic LiteratureTable of ContentsChapter 1 Microcredit and Poverty Alleviation: Pluses and Minuses; Chapter 2 The Bangladesh Economy and Poverty in Bangladesh; Chapter 3 The Rural Financial Structure and the Grameen Bank; Chapter 4 Economic Impact of Grameen Microcredit; Chapter 5 Poverty Alleviation Impact of Grameen Microcredit;

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Book SynopsisThe book is written in a style that should be accessible to most readers from different intellectual disciplines, while still retaining a high intellectual rigor. It discusses areas not covered by similar books and provides a novel interpretation of developments in the past fifty years.Table of ContentsPart I.: 1. Introduction; 2. Early views on the economic role of the state; 3. Laissez faire and the industrial revolution; 4. The Beginning of economic reforms; 5. On resource allocation, optimality and equity; 6. On beginning of changes in the activities of governments; 7. Toward larger government roles; Part II.: 8. The Growing importance of equity and safety nets; 9. The creation of welfare states; 10. The conservative counterrevolution; 11. Different approaches to social protection; 12. The economy in the 1970s; Part III.: 13. A return to 'laissez faire'?; 14. The policies of market fundamentalism: tax reforms, globalization and deregulation; 15. The growing importance of monetary policy; 16. Equity aspects of market fundamentalism; 17. Other aspects of market fundamentalism; 18. Cultural aspects of fundamentalism; 19. Growing conflict between efficiency and equity; 20. Intellectual property and venture capitalists; 21. The world in the 21st century; 22. Impact of new economic developments on market and democracy; 23. More on economy and culture in the present time; 24. Summing up and general conclusions.

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Book SynopsisGerman industry had survived Allied bombing largely unscathed. Currency reform was necessary to provide incentives for capital owners and labor to produce. The abundance of old Reichsmarks had to be curtailed to a scarce supply of Deutschmarks that users would expect to retain value. It was Edward A. Tenenbaum, currency expert of US military government in Berlin since 1946, who managed the exceptionally successful currency reform in West Germany 1948, which was implemented by the legislative powers of the three Western Allies against opposition from West German financial experts. It was the foundation of West Germany''s ''economic miracle.'' The West German currency conversion is part of the founding myth of the Federal Republic of Germany. Yet Tenenbaum''s pivotal role is largely unknown among the German public. Besides providing a full-blown biography of the true father of the currency reform, this book elevates Tenenbaum to his proper place in German history.

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Book SynopsisThis book provides an analysis of the global trading system and its implications. The author uses network theory to examine the sustainability of the free trade system and its future. The book attempts to find out what the future of free trade could be and how the global trading system would unfold.The book assesses four main waves of challenges to free trade and open society: the COVID-19 pandemic, the USChina trade war, economic nationalism, and the Fourth Industrial Revolution. While some of these challenges have been casting their shadows on the global economic system for some time, others are relatively novel, and their full effects are yet to be seen. This book also looks at the challenges they would present to multilateralism and global trade development.This book will interest those who wish to have a better understanding of the USChina trade war and the challenges to the global trading system.

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Book SynopsisThe monograph presents a comprehensive analysis of the impact of the COVID-19 pandemic on European banking, both at a macro and a micro level. It analyses the impact of the pandemic on bank stability, performance and credit policies, as well as their strategic adjustments to the challenges brought about by the COVID-19 pandemic. The initial chapters analyze the various governmental responses to the pandemic. Topics of discussion include the scale and scope of the wide range of public policies undertaken to mitigate the consequences of the crisis, and their efficiency in limiting the negative impact of the pandemic on the economy. The results suggest that the extensive public interventions have been largely successful in averting the possible disastrous consequences for the financial sector on a macro level. On a micro level, the COVID-19 pandemic has disrupted the restructuring and recovery of the banking industry started after the 2008 crisis which has had a significant impaTable of Contents1. Introduction by the Editors (Paul Wachtel and Ewa Miklaszewska) 2. Crisis interventions and sovereign risk ratings (Cuadros-Solas Pedro J., Salvador Carlos, Suárez Nuria) 3. The impact of Covid-19 pandemic on European bank regulation and supervision: lessons from the past crises (Chesini Giuseppina) 4. The countercyclicality of the macroprudential policy in the EU. The case of the COVID-19 pandemic (Czaplicki Marcin) 5. Business continuity planning and management: a lifejacket in the Covid-19 storm? (Bongini Paola, Iwanicz-Drozdowska Małgorzata, Liberati Caterina) 6. Does the provision of moratorium changed SMEs’ liquidity needs during the Covid-19 outbreak? (Brighi Paola, Severini Sabrina) 7. The influence of the COVID-19 pandemic on bank lending. Evidence from European countries (Karkowska Renata) 8. The impact of the COVID-19 pandemic on bank stability and performance in the CEE region (Kil Krzysztof, Miklaszewska Ewa) 9. Relationship between banks and FinTechs. Does the pandemic have an impact on it? (Pawłowska Małgorzata, Staniszewska Aleksandra) 10. Competition between banks and FinTechs in the context of the COVID-19 pandemic (Kasiewicz Stanisław, Kurkliński Lech, Woźniak Jacek)

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Book SynopsisTracing the development journey of the Arabian Gulf region with a forward-looking perspective, this book describes how a combination of good fortune, creative experimentation, and determination has enabled the region to achieve prosperity. Today, the Arabian Gulf is well positioned to assume a pivotal role in the new global order. Forced to balance an extreme climate and acute resource constraints, but also an exceptional location, the region's progress and prosperity have historically been precarious and vulnerable to external shocks. Efforts to transcend resource dependency have typically involved proactive attempts to enable other economic activities. This book argues that, while conventional economic diversification is making headway, the Gulf region is in fact amidst a far more holistic transformation that positions it for a pivotal role in the emerging multipolar global order. It now offers globally competitive regulations and world-class infrastructure at the heTrade Review"A journey through history explained under the lens of sustainable prosperity, economic diversification and the evolution within the marketplace. Jarmo’s storytelling takes you through the journey as an active listener. The storyline brings back fond memories and is quite nostalgic for the readers who have experienced and worked through the transitions within the regional marketplace over the past decades. The transition across the region has been quite exceptional, and the fact that the modern day GCC today holds the potential to be one of the fastest growing regions and to emerge as a powerhouse for influence is expertly expressed through Dr. Jarmo’s wordsmithing."Jamal Fakhro, Managing Partner, KPMG Fakhro"When Jarmo speaks (or writes), I pay attention. I find his thoughts, analysis, and conclusions insightful and thought-provoking. I highly recommend this book for anyone who wants a better understanding of our region’s past and wants to help build a better tomorrow for its future generations."Suhail Algosaibi, Founder and CEO, Falak Innovation"Dr Kotilaine has produced a compelling narrative of the economic history of the Arab Gulf from the earliest times to the 21st Century, including the extraordinary rags-to-riches story of the hydrocarbons era and describes with great clarity both the challenges and the potential opportunities that face these now-wealthy, but still largely hydrocarbon-dependent, states as they prepare for the post-oil age. This is a book that will fascinate the general reader, while also providing vital historical and cultural context to anyone who (like me) needs to understand the complex economic challenges that this region now faces."Lord Philip Hammond of Runnymede"Dr Kotilaine is considered a leading expert on the Gulf economies. His intimate knowledge of, not only economic issues, but also the underlying sociopolitical landscape and culture, make him uniquely qualified to shed the light on key aspects of the post oil transition. Recommended reading."Hassan Jarrar, Former CEO, Bahrain Islamic Bank "This work demonstrates how ongoing efforts to transform the economic models of the Gulf countries at the same time position them for a role of growing importance in the global economy. Among other things, the Gulf economies face a compelling opportunity to play a leading role in the global energy transition."Abdulhussain Ali Mirza, Former Minister of Electricity and Water Affairs, Former President, Sustainable Energy Authority, Kingdom of Bahrain "Jarmo Kotilaine's new book presents a lucid, coherent analysis and history of the transformation of the GCC countries from near empty, desert spaces into modern powerhouses of energy and finance. This is a fascinating story of energy resources being invested into productive infrastructure, of economic liberalisation through free zones, of freedom of movement of people and capital that transformed the economic geography of the Gulf. The GCC are now embarked on economic diversification 2.0, engaged in an energy transition to reduce their dependence on fossil fuels, develop their digital economies and move into higher value-added industries using modern tech."Nasser Saidi, President, Nasser Saidi & Associates"The Gulf countries are important actors in geopolitics and geo-economics thanks to their energy resources. This book will help readers, whatever their views on the local regimes, understand the history of the gulf economies and how they are preparing for a world less dependent on fossil fuels. Given fractures in the world order, an important read."Sir Paul Tucker, Author of Global Discord"Dr. Jarmo has a long experience in the region's economic affairs. The importance of this new book stems from its handling of a number of vital issues related to the future of sustainable development programs that Gulf governments are working to implement in accordance with their wise long-term visions, and then he seeks to develop solutions to them."Adnan Ahmed Yousif, Chairman, Bahrain Association of Banks Table of Contents1. Awaiting a miracle 2. The double-edged sword 3. Determined to diversify 4. Reaping the demographic dividend 5. Greasing the wheels of exchange 6. Build it and they will come 7. All together now? 8. The imperative of change 9. Navigating choppy waters 10. Charting the way forward

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Book SynopsisOne of the most challenging issues for the current state of global economy is a highly uneven distribution of global financial assets and liabilities. Drawing on extensive data, this book analyses the new global divisions in economic and financial inequality across the globe in the first two decades of this century.After outlining the context of the global financial system in the aftermath of the Global Financial Crisis of 2008/2009, this book provides a detailed examination of the data on economic and financial inequality, analysing growth rates relative to financial liabilities and assets for all countries where data is available. The central issues in understanding the financial and environmental efficiency of economic growth are also addressed as well as the development of financial and regulatory technologies (FinTech and RegTech). The final part of this book explores the changes in economic growth and financial assets/liabilities as a result of major events in the past Table of Contents1. Globalization and deglobalization – introduction with literature review 2. The world economy in 2000–2020 3. Global financial inequality: 2000–2020 4. Economic growth in the context of financial and environmental efficiency 5. Disequilibrium economics and Black and Green Swans 6. FinTech and RegTech and their role in the structure of finance Concluding remarks Appendix - Tables

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Book SynopsisNow in its fourth edition, Economics: The Basics continues to provide an engaging and topical introduction to the key issues in contemporary economics.The new edition has been fully updated to take into account recent world economic events and key developments, such as the impact of the Covid-19 pandemic and the war in Ukraine, recurring financial crises, deglobalisation and changing patterns in international trade, the rise of China, the digital economy, rising inflation, and housing and currency markets. It covers fundamental issues, including: How different economic systems function The boom-and-bust cycle of market economies The impact of multinational corporations How price, supply and demand interact The role of the banking and finance industry Whether we can reduce poverty and protect the environment With a glossary of terms, suggestions for further reading and new case studies, this comprehensive anTable of Contents1. Introduction 2. We Cannot Keep Going Like This 3. Economic Systems 4. Neoclassical Economics, the Price Mechanism and Equilibrium 5. The Business of Supply 6. The Changing World of Macroeconomics 7. Money, Banking and Financial Folly 8. International Trade: Theory and Applications 9. Can We Reduce Poverty and Protect the Environment?

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Book SynopsisThis fully updated third edition analyzes the media industries and their activities from macro to micro levels, using concepts and theories to demonstrate the role the media plays in the economy as a whole.This textbook breaks new ground through its analysis of the rapidly changing and evolving media economy from two unique perspectives. First, the book explores how media industries function across global, national, household, and individual levels of society. Second, it assesses how key forces such as technology, globalization, regulation, and consumer aspects are constantly evolving and influencing media industries. This new edition incorporates thoroughly updated theory and research as well as expanded case studies that include examples from international markets such as Asia, Europe, and Latin America. It builds on the contributions of the previous edition by providing new references and current data to define and analyze today's media markets and offers a more expansive Table of Contents1. Understanding the Media Economy 2. Theories and Approaches Used to Examine the Media Economy 3. Key Concepts to Understand the Media Economy 4. Evolving Markets in the Media Economy 5. Streaming 6. Technology and the Media Economy 7. Globalization and the Media Economy 8. Regulation and the Media Economy 9. Consumer Aspects of the Media Economy 10. Finance, Valuation, Investment, and Labor in the Media Economy 11. Assessing the Future of the Media Economy

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Book SynopsisThis new theory of economic policy accommodates and responds to conflicts between strategic actions by public and private agents. It is an essential tool for understanding the real impact of policy neutrality, rational expectations, time inconsistency and policy announcements, and suggests institution designs with optimal chances of success.Table of ContentsList of figures; List of tables; Preface; Common symbols; 1. An overview: the realm of economic policy; Part I. The Classical Theory of Economic Policy: 2. Statics; 3. Dynamics; Part II. From the Classical to the New Theory of Economic Policy: 4. The Lucas critique; 5. Policy games: an introduction; Part III. The New Theory of Economic Policy: Statics: 6. A theory of strategic conflict: foundations; 7. From individual players to system controllability; 8. Conflicts and coordination among groups; 9. Announcements as a coordination mechanism; Part IV. The New Theory of Economic Policy: Dynamics: 10. Controllability in a strategic dynamic setting; 11. Dynamic policy games with rational expectations; 12. Credibility, dynamic controllability and rational expectations; 13. Expectations and target coordination: institutional aspects; 14. A summary and round-up of conclusions; References.

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Book SynopsisThe 2008 financial crisis led to more and more frequent political attacks on central banks. The recent spotlight on central bank independence is reminiscent of the fiery debates amongst Germany''s political elites in 1949 on the same issue; debates that were sparked by the establishment of West Germany in that year. Simon Mee shows how, with the establishment of West Germany''s central bank - today''s Deutsche Bundesbank - the country''s monetary history became a political football, as central bankers, politicians, industrialists and trade unionists all vied for influence over the legal provisions that set out the remit of the future monetary authority. The author reveals how a specific version of inter-war history, one that stresses the lessons learned from Germany''s periods of inflation, was weaponised and attached to a political, contemporary argument for an independent central bank. The book challenges assumptions around the evolution of central bank independence with continued reTrade Review'Simon Mee has written an outstanding book that probes into how the Bundesbank connected up a particular view of history with interventions in politics as well as economics. He has skilfully uncovered the origins of the German concern with 'stability culture'.' Harold James, Claude and Lore Kelly Professor in European Studies, and Director, Program in Contemporary European Politics and Society, Princeton University'Simon Mee tells a compelling story of how German central bankers used particular historical lessons to advance their institutional, and perhaps even personal, interests. This is required reading for anyone interested not only in German monetary history, but in the future of Europe.' Kevin O'Rourke, Chichele Professor of Economic History, University of Oxford'A fascinating book … Highly recommended' I. Walter, Choice'In this well-written and intensively researched book, the author argues that the fear of inflation and the love of central bank independence in Germany are not the natural product of memories from the 1920s, but a social construct framed in the domestic policy debates after 1945 by an active communication strategy devised by the central bank.' Eric Monnet, The Journal of Economic History'Mee's great achievement is to have shed light on the origins of Germany's monetary stability myths.' Albrecht Ritschl, Economic History Review'Simon Mee has written a fluent and compelling account of one the most important financial institutions in Europe which should be read by anybody with an interest in the history of modern Germany, or the role of central banks.' Sean Byrne, Zeitschrift für Unternehmensgeschichte vol. 66, no. 2, 2021'This fine contribution will appeal to anyone interested in German monetary and central bank history per se, as well as to those interested in broader themes related to the postwar German economy.' Timothy W. Guinnane, EH.net (Economic History Association)Table of ContentsIntroduction; 1. In search of the Reichsbank; 2. The Bank deutscher Länder and the foundation of West Germany, 1948–51; 3. Adenauer's challenge: the 'Gürzenich affair' and the Bank deutscher Länder, 1956–7; 4. The shadow of national socialism: Karl Blessing and the Bundesbank in 1965; 5. The Bundesbank, social democracy and the era of the 'Great Inflation', 1970–78; Conclusion.

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Book SynopsisThis book is a dialogue between sociologists and heterodox economists on the nature of capitalist money and on understanding financial crises arising from money's dual purposes and tensions. Table of ContentsPreface; R. Swedeberg 1. Introduction to Positive Trespassing'; J. F. Pixley and G. C. Harcourt 2. Requirements of a Philosophy of Money and Finance; J. Smithin 3. Ingham and Keynes on the Nature of Money; M. Hayes 4. Money: Instrument of Exchange or Social Institution of Value? A. Orlean and C. Goodhart 5. A New Meme for Money, R. Wray 6. Monetary Surrogates and Money's Dual Nature; D. Woodruff 7. Reforming Money to Exit the Crisis: Examples of Non-capitalist Monetary Systems in Theory and Practice; L. Fantacci 8. The Current Banking Crisis in the UK: an Evolutionary View; V. Chick 9. Money and the State; M. Sawyer 10. The Real (Social) Experience of Monetary Policy; S. Dow 11. Economic Policies of the New Consensus Macroeconomics: A Critical Appraisal; P. Arestis 12. A Socio-economic Systems Model of the 2007+ Global Financial Crisis; T.R. Burns, A. Martinelli and P. Deville 13. Credit Money, Fiat Money and Currency Pyramids: Critical Reflections on the Financial Crisis and Sovereign Debt, B. Jessop 14. Geoffrey Ingham's Theory, Money's Conflicts and Social Change; J. Pixley 15. Reflections on the Two Disciplines' Mutual Work; G. Ingham

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Book SynopsisIn a turbulent global economy, the popular idea of declining farms and factories is largely unfounded. Engineers, programmers, surgeons, and pilots make up an increasing share of what is actually the service sector, showing that this sector is not in decline.Trade ReviewQUOTES TKTable of ContentsIntroduction 1. What Is Industrial Structure? 2. Global Status Quo 3. Speeding Up, Slowing Down 4. Power Shift East And West 5. Power Shift North and South 6. Isolated Islands 7. Farms And Factories 8. Where The Jobs Are

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Book SynopsisThis book charts the course of monetary policy in the UK from 1967 to 1982. It shows how events such as the 1967 devaluation, the collapse of Bretton Woods, the stagflation of the 1970s, and the IMF loan of 1976 all shaped policy. It shows that the 'monetarist' experiment of the 1980s was based on a fundamental misreading of 1970s monetary policy.Table of Contents1. From Devaluation to Competition and Credit Control, 1967-71 2. Competition and Credit Control, 1971-73 3. The PSBR Takes Over, 1974-76 4. Too Many Targets, 1977-79 5. The Lady is for Turning

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Book SynopsisThe Great Recession, including the preceding events and the subsequent recovery period, has been the dominant feature of US capitalism in the 21st century. But what can we learn about economic behavior, policies, and relationships by studying this period of marked general decline? Understanding the Great Recession seeks to answer this question by facilitating an advanced theoretical and practical understanding of the Great Recession, using multiple approaches to economic analysis.This textbook uses the Great Recession as a case study for understanding economic concepts, the conduct of policymaking, and competing schools of economic thought. It introduces readers to multiple perspectives on the crisis, including feminist, institutionalist, Marxian, monetarist, neoclassical, post-Keynesian, and stratification economics, amongst others. Divided into four parts, the textbook begins by introducing readers to the headline events of the crisis, and the major differences betweTable of ContentsPart I: Understanding the Crisis 1. Introduction to the Great Recession Part II: The Road to the Great Recession 2. US Capitalism Prior to 2008 3. The Housing Market Bubble (and Bust) 4. Financial Structure, Financial Crisis, and the Wall Street Bailouts 5. Competing Explanations of the Crisis Part III: Policy Responses to the Great Recession 6. Financial Reform 7. Monetary Policy Responses to the Great Recession 8. Fiscal Policy Responses to the Great Recession Part IV: The Recovery from the Great Recession 9. Inequality, Populism, and the Arc to Covid-19

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Book SynopsisIn easy to understand terms and journalistic style, Read describes the reasons for global financial unrest arising from the sub-prime mortgage crisis and economic meltdowns. He walks the reader through a number of topics in economics and connects these topics to real world financial problems concluding with recommendations for the future.Trade Review'Colin Read has presented a useful account of the modern financial system and the pitfalls of the current regulatory structure. This book will be very helpful to those trying to make sense of the current financial crisis' - Dean Baker, Co-Director, Center for Economic Policy Research, Washington, D.C., USA 'Professor Read adroitly straddles the divide between arcane economic reasoning and the layperson's appetite for understanding the intricacies of the modern financial system. The book presumes some basic knowledge of economics in its coverage of a rather extensive landscape of topics. At the same time, it eschews heavy theoretical exposition in favor of a conversational approach with moorings at key points in history and a blend of social commentary. Professor Read is thoughtful and provocative in building toward his global prescriptions for a better economic future.' - Wade Thomas, Professor of Economics, State University of New York College at Oneonta, USA 'GetAbstract recommends this comprehensive manual to anyone who wants a firmer, basic understanding of economics.' - getAbstract.comTable of ContentsContents Introduction SECTION I: EVOLUTION OF THE MODERN ECONOMIC SYSTEM SECTION II: CREATION OF THE CONSUMER-INVESTOR SECTION III: AN EMERGING NEW WORLD SECTION IV: BANKS AND CENTRAL BANKING SECTION V: FINANCIAL FAILURES SECTION VI: POLITICS AND PERCEPTIONS Conclusions Epilogue Index

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Book SynopsisThis book analyses the development path of transition economies in European Countries and former Soviet Republics that have experienced the transformation from planned economies to market economies since the fall of the Berlin wall in 1989. It examines economic growth, institutional change and human development performance.Table of ContentsPART I: TRANSFORMATION, DECLINE AND UNSTABLE GROWTH Transition to Market: a Long and Undefined Journey The Great Transformation: Recession, Recovery and EU Conditionality PART II: INSTITUTIONAL CHANGE AND VARIETY OF CAPITALISM IN TRANSITION ECONOMIES Institutional Change: Old and New Institutionalism A Model of Institutional Change in Transition Economies Variety of Capitalism and Socio-Economic Models in Transition Economies PART III: CAPABILITY APPROACH, SOCIAL CAPITAL AND HUMAN DEVELOPMENT IN TRANSITION ECONOMIES Explaining Economic Development: Old and New Theories Institutions, Human Development, Economic Growth Origins of Development: Social Capital, Middle Class and Democracy Conclusion

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Book SynopsisOn Skidelsky''s Keynes and Other Essays is a collection of essays, biographies, review articles and tributes, focusing on the lives and times of the Cambridge School of Economists, and the immense contribution that these thinkers, including the author, made to the discipline.Trade Review“This book contains the author’s biography (his racial identity and situation, activities in the anti-Vietnam War, for example) and book reviews of many distinguished economists with whom the author has worked … . For all readers it represents (as indeed it has been for the reviewer) a good opportunity to approach various topics anew through the author’s own perspective and views.” (Toshaiki Hirai, Journal of the History of Economic Thought, Vol. 38 (4), December, 2016)'Like his mentor Joan Robinson, Geoff Harcourt's writings combine personal conviction, a passion for justice, policy relevance and penetrating analysis. Harcourt has a unique voice that is increasingly rare, and hence increasingly valuable. These essays, like all of his writings, are marked by an authoritative command of both contemporary and historical literatures, and engaging writing radiating grace, style and wit. Harcourt continues to be an inspirational figure for those working in the history of economics, who also share a desire to be relevant to contemporary economics, to students of economics and to the world.' - Professor Avi Cohen, York UniversityTable of ContentsPART I: TITLE ESSAY On Skidelsky's Keynes PART II: AUTOBIOGRAPHICAL ESSAY Political Economy, Politics and Religion PART III: POST-KEYNESIAN THEORY A Teaching Model of the 'Keynesian' System On Keynes and Chick on Prices in Modern Capitalism On Specifying the Demand for Imports in Macroeconomic Models The Theoretical and Political Importance of Keynes The Rise and Fall of Economic Neo-liberalism in Theory and Practice Price Theory and Multinational Oligopoly PART IV: REVIEW ARTICLES A Revolution Yet to Be Accomplished The Collected Writings of an Indian Sage PART V: SURVEYS Keynes and the Cambridge School What is the Cambridge Approach to Economics? PART VI: POLICY Markets, Madness and a Middle Way Revisited Finance, Speculation and Stability PART VII: INTELLECTUAL BIOGRAPHIES AND TRIBUTES Tom Asimakopulos Keith Septimus Frearson William Brian Reddaway Sukhamoy Chakravarty David Gawen Champerowne Robin Matthews PART VIII: GENERAL ESSAYS Economics: From Moral Science to Game Theory 100 Years of the Economics Tripos

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Book SynopsisLeading experts analyze the impact of the rapid growth of offshore outsourcing in manufacturing and IT. For some it promises more rapid economic growth and for some developing countries it is an opportunity to leapfrog, while others are sidelined but it also means labour and governments may lose bargaining power vis-à-vis globally mobile capital.Trade Review'In a world where goods and services move more freely than the workers who produce them, globalization means offshore outsourcing. This book is essential for anyone who wants to understand this phenomenon and the debates over what to do about it.' - James K. Boyce, University of Massachusetts, Amherst, USA 'The global labour market has doubled over the past two decades.' An innocent-sounding observation, but it captures the dynamic of one of the great transformations of our time. This book illuminates how it has happened, and how its effects amount to a veritable political-economic 'climate change'. The doubling has brought more opportunities, higher average incomes, and political enfranchisement for billions of people; on the other hand, it has also brought heightened economic insecurity, distress migration, quests for status spilling across continents, the ascendancy of capital, and governments of all kinds 'reforming' the welfare state into an instrument of labour control. The book goes beyond analysis to suggest how in practical terms those who 'think for the world' should respond, including how to redistribute capital income without undermining investment, and how to increase the spillovers from foreign investment.' - Robert H. Wade, Professor of International Political Economy, London School of Economics and Political Science, UKTable of ContentsWinners and Losers from Offshore Outsourcing: What Is to Be Done?; E.Paus The Challenge of the Growing Globalization of Labor Markets to Economic and Social Policy; R.Freeman Offshoring and Labor Recommodification in the Global Transformation; G. Standing Globalization of Services: Friend or Foe?; C.Mann Dynamic Gains from U.S. Services Offshoring: A Critical View; W.Milberg, R.Arnim, M.Mahoney & M.Schneider Bargaining Power, Distributional Equity, and the Challenge of Offshoring; J.Burke & G.Epstein Social Contracts under Siege: National Responses to Globalized and Europeanized Production in Europe; V.Schmidt European in the Trap: Jobs on the Run and Democracy at Stake; H-P.Martin Offshore Outsourcing of Services: Trends and Challenges for Developing Countries; L.Abugattas Offshore Outsourcing as a Catalyst of Economic Development: the Case of India; N. Suri Offshore Outsourcing and Industrial Restructuring: New Europe's Success; B.Kaminski The Impact of Foreign Investment on China's Industrial Innovation; G.Jefferson Capturing the Benefits of Offshore Outsourcing for Developing Countries: The Case for Active Policies; E.Paus & H.Shapiro

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Book SynopsisThere is a growing realization that business development is the most effective weapon in fighting world poverty. How the for-profit model can be harnessed to provide the poor with a share in the world's prosperity is discussed through actual cases, and nested in innovative theories of business, social sciences, and philosophy.Table of ContentsPART I: THE CONTEXT Introduction: The Context of Alleviating Business Strategy; C. Wankel The End of Foreign Aid as We Know It: The Profitable Alleviation of Poverty in a Globalized Economy; S. Kelley, Patricia H. Werhane and L. P. Hartman Innovative Business Approaches and Poverty: Toward a First Evaluation; E. Raufflet, A. Berranger and A. Aguilar-Platas Information and Communication Technology for Alleviating Poverty in Developing Nations; N. Yajnik PART II: NGOs AND UNIVERSITIES A Collaborative-Systemic Strategy Addressing the Dynamics of Poverty in Guatemala; J. L. Ritchie-Dunham In Search of Sustainable Social Mission Ventures to Eliminate Poverty; S. McIntyre PART III: COMMUNITIES AND ENTREPRENEURSHIP Scrutinizing the Link between Poverty and Business Strategy: What Can We Learn from the Case of Shuttle Traders in Laleli; M. Eder and Ö. Öz Dynamics of Value Creation and Value Appropriation in Network-based Enterprises; O. Branzei Alleviating Poverty Using Microfranchising Models: Case Studies and a Critique; L. Jones Christensen PART IV: BUSINESS INITIATIVES Developing Export Capacity among Craft Manufacturers; J. Hack Katz Doing Well by Doing Good: Unilever's Contribution to India's Poorest; W. Amann and S. Khan Marketing Strategies for Subsistence Marketplaces; M. Viswanathan, S. Sridharan and R. Ritchie

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Book SynopsisYou've Never Seen What You've Always Needed to Know Until Now Invisible forces are at work. They push and shove on everything you buy or sell. They affect every concept you want to take to market, all the suppliers you'll deal with, and every customer you'll ever see. To be successful, you need to understand them. See them in detail in ways not possible with other methods. Hypernomics: Using Hidden Dimensions to Solve Unseen Problems discovers that markets behave according to previously unknown laws set by the buyers and sellers within them. It reveals those rules and how to detect, describe, and deploy them to your advantage. It doesn't change economics so much as reveal it. It's like a microscope looking at pond water, a telescope tilted to the sky, sonar scanning the bottom of the ocean. Hypernomics lets you see into markets in ways you can't with the unaided eye. Sailors never navigate without a map. You shouldn't either, since your ship coulTable of ContentsIntroduction 1 CHAPTER 1 A Brief History of Position and Direction 9 Ancient Maps 9 Geography Begins 13 Math and Position Problems 13 Summary 26 Vignette: Restaurant Math 27 CHAPTER 2 Four-Dimensional Systems 29 Dot Plots Begin 29 "X" Marks the Spot 30 Most Markets Don't Address Commodities 31 Cartesian Systems and Negativity 33 Geography Is Never Negative 38 Plotting in Four Dimensions 52 Summary 56 CHAPTER 3 Five-Dimensional Systems 57 Physical Changes over Time 57 Economic Changes over Time 62 Summary 69 CHAPTER 4 Value 71 Human Traits 71 What Does Value Mean in Hypernomics? 75 Determining Value 77 The Market as Laboratory 79 Summary 91 Vignette: The Value of Expanding One's Limits 92 CHAPTER 5 Demand 95 Demand Frontiers 95 Aggregate Demand 102 Average Demand 104 Minimum Demand 105 Proxy Demand 106 Submarket, Sub-Submarket, and Mission Market Demand Curves 107 Product Demand Curves 109 Summary 110 A Hypernomics Vignette: The Value of and Demand for Money 111 CHAPTER 6 Price and Quantity Determination 121 The General Problem Calls for Specifics 121 The Neoclassical View: The Law of Supply and Demand 122 Ferrous Blunder: Universal Claim of Upward-Sloping Supply Curves 125 The Hypernomics View: The Law of Value and Demand 128 Summary 133 A Hypernomics Vignette: The Law of Value and Demand 134 CHAPTER 7 Market Mapping and Financial Cat Scans 137 Got Eggs? 137 Market Map Boundaries 141 Feature and Price Gap Maps 143 Financial Cat Scans 146 Summary 155 CHAPTER 8 Aiming and Missing 157 Neoclassical Aiming 157 Immediate Aiming 158 Immediate Aiming in Hypernomics 163 Ultimate Aiming 165 Ultimate Aiming in Hypernomics 167 Summary 170 CHAPTER 9 N-Dimensional Systems 173 Common Object 1—Pie 174 Common Object 2—Logarithmic Scaling 176 Common Object 3—Rolodex 178 Common Object 4—Concentric Circle 180 Common Object 5—Parallelograms (as in Extendable Mirrors) 181 Starting from (0,0,0,0. . .0) 182 Summary 200 CHAPTER 10 An Amazon Mining Expedition 201 Summary 210 CHAPTER 11 More 211 Vignette: What Do Markets Look Like to Viruses? 213 CHAPTER 12 Appendix: Using Hypernomics on Your Own 217 Stating the Problem 220 Data Collection 221 Data Entry 223 Data Manipulation 225 Data Interpretation 229 Summary 235 Vignette: The Importance of Going Deep into the Data 237 CHAPTER 13 Neoclassical Economics and Hypernomics Differences 241 Glossary 243 References 247 Index 279

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Book SynopsisThough the emerging sub-discipline of comparative political economy is now rich in studies of different advanced capitalisms, it still lacks a systematic consideration of the organizing frameworks and methodologies underpinning those studies.Trade Review'For more than two decades, the principal approaches to comparative political economy have largely talked past each other, operating within sealed theoretical paradigms. This indispensable volume is the first to bring the alternative approaches together in critical engagement. The result is both a fascinating exploration of how to analyse contemporary capitalism, and a fresh and important account of the dynamics and trajectories of capitalist development.' - Chris Howell, Professor of Politics, Oberlin CollegeTable of ContentsIntroduction Paradigms of Explanation; D.Coates PART 1: THE APPROACHES EXPLAINED Measuring Capitalism: Output, Growth and Economic Policy; M.Kitson Beyond Bone Structure: Historical Institutionalism and the Style of Economic Growth; C.J.Martin Contesting the 'New Capitalism'; G.Albo PART 2: THE APPROACHES APPLIED Economic Growth and the United States since 1870: A Quantitative Economic Analysis Incorporating Institutional Factors; S.Broadberry Two Can Play at That Game…Or Can They? Varieties of Capitalism, Varieties of Institutionalism; C.Hay The Politics of a Miracle: Class Interests and State Power in Korean Developmentalism; V.Chibber Euro-Capitalism and American Empire; L.Panitch & S.Gindin PART 3: THE APPROACHES EVALUATED Varieties and Commonalities of Capitalism; J.Pontusson The United States in the Post-War Global Political Economy: Another Look at the Brenner Debate; M.Konings The Capitalist Economy 1945-2000: A Reply to Konings, and to Panitch and Gindin; R.Brenner Disparate Models, Desperate Measures: The Convergence of Limits; T.Fast Conclusion List of Contributors Bibliography

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Book SynopsisGrowth in the derivatives market has brought with it a greater volume and range of interest rate dependent products. A study of the evolution of interest rate modelling theory places these models in the correct mathematical context, allowing appreciation of their key assumptions, concepts and implications.Table of ContentsIntroduction The Vasicek Model The Cox, Ingersoll and Ross Model The Brennan and Schwartz Model Longstaff® and Schwartz: A Two-Factor Equilibrium Model Langetieg's Multi Factor Equilibrium Framework The Ball and Torous Model The Hull and White Model The Black, Derman and Toy One-Factor Interest Rate Model The Black and Karasinski Model The Ho and Lee Model The Heath, Jarrow and Morton Model Brace, Gatarek and Musiela Model Calibration of the Hull White - Extended Vasicek Approach Calibration of the Black, Derman and Toy Discrete Time Model Calibration of the Heath, Jarrow and Jorton Framework Conclusion Bibliography

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Book SynopsisThis book examines the life and works of John Kenneth Galbraith and demonstrates how his non-conventional approach to economics is critical to understanding the trouble that currently exists within economics and economic policies.Table of ContentsPreface; J.K.Galbraith PART 1: BACK TO JOHN KENNETH GALBRAITH Galbraith: A Partisan Appraisal; J.K.Galbraith Where Did Galbraith's Ideas Come From? R.Parker Galbraith and the Post Keynesians; P.Davidson J.K. Galbraith, Economist of the Peace; J.Fontanel & F.Coulomb John Kenneth Galbraith and the Incompleted Task of Progress; N.Birnbaum PART 2: THE TROUBLE WITH ECONOMISTS AND POLICIES The Bias in Academic Economics: The Economics Salon; J.Madrick Reframing Capitalism; J.Sawyer Power and Institutions in Macroeconomic Theory; J.Cornwall & W.Cornwall Reinventing Fiscal Policy; P.Arestis & M.Sawyer Alternatives for the Policy Framework of the Euro; P.Arestis & M.Sawyer Promoting Growth and Welfare in a Changing Europe; J-L.Gaffard PART 3: ECONOMIES IN A GLOBAL CONTEXT: A PROGRAM OF ACTION The Future of the International Financial System; P.Davidson John Kenneth Galbraith and the Anatomy of Russian Capitalism; S.Menshikov Escaping the Squeeze: Lessons from East Asia on How Middle-Income Countries can Grow Faster; R.Wade The Third World's Debt Problem; K.Raffer Global Organization and Developing Countries: Current Aspects of Neo-mercantilism and of the Global Framework of Accumulation; D.Uzunidis

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Book SynopsisChapter 1: Introduction: The nature and structure of the inventory problem.- Chapter 2: Review of the literature.- Chapter 3: Methodology.- Chapter 4: Analysis of inventory behaviour of OECD countries.- Chapter 5: Stability of macroeconomic variables.- Chapter 6: Inventory developments in individual countries.- Chapter 7: Summary and conclusions.Table of ContentsChapter 1: Introduction: The nature and structure of the inventory problem.- Chapter 2: Review of the literature.- Chapter 3: Methodology.- Chapter 4: Analysis of inventory behaviour of OECD countries.- Chapter 5: Stability of macroeconomic variables.- Chapter 6: Inventory developments in individual countries.- Chapter 7: Summary and conclusions.

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Book SynopsisThis EMEA edition of Robert Barro's popular text has been fully updated to reflect the macroeconomics of a post-financial crisis world. Starting with long-run macroeconomics, this text explores some of the key theories and models in macroeconomics such as the Keynesian model and the business-cycle model, finishing with extending the equilibrium model to the open economy. This exciting edition, which has been fully updated by Professor Angus Chu and Professor Guido Cozzi, provides an accurate and unified presentation of current macroeconomic thought whilst maintaining Professor Barro's original vision for his textbook.Table of ContentsPART 1 INTRODUCTION 1 Thinking about Macroeconomics 2 National-Income Accounting: Gross Domestic Product and the Price Level PART 2 ECONOMIC GROWTH 3 Introduction to Economic Growth 4 Working with the Solow Growth Model 5 Conditional Convergence and Long-Run Economic Growth PART 3 ECONOMIC FLUCTUATIONS 6 Macroeconomics without Microeconomic Foundations 7 Markets, Prices, Supply, and Demand 8 Consumption, Saving, and Investment 9 An Equilibrium Business-Cycle Model 10 Capital Utilization and Unemployment PART 4 MONEY AND PRICES 11 The Demand for Money and the Price Level 12 Inflation, Money Growth, and Interest Rates PART 5 THE GOVERNMENT SECTOR 13 Government Expenditure 14 Taxes 15 Public Debt PART 6 MONEY AND BUSINESS CYCLES 16 Money and Business Cycles I: The Price-Misperceptions Model 17 Money and Business Cycles II: Sticky Prices and Nominal Wage Rates PART 7 INTERNATIONAL MACROECONOMICS 18 World Markets in Goods and Credit 19 Exchange Rates

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Book SynopsisEconomic inequality continues to contribute to political and social instability around the world. This instability stifles development and results in widening the wealth gap between the "haves" and "have nots," further eroding stability. It has been argued that entrepreneurship is a prime contributor to this vicious cycle. Using Entrepreneurship and Social Innovation to Mitigate Wealth Inequality contends that this is only true when the opportunity for entrepreneurship is limited to a few. The authors maintain that when entrepreneurship is open to anyone who is properly motivated, innovative, and has a goal of growth for their enterprise, it helps build wealth for a greater number of people. The concept of "social entrepreneurship" is introduced, where entrepreneurship becomes a vehicle for explicitly addressing community-based economic and social challenges using markets. The book uses examples of entrepreneurial projects and programs that have attempted to address inequality to discuss entrepreneurship as an economic development strategy and its role in addressing the challenges of economic inequality. It advocates thinking and acting systemically, creating and sustaining entrepreneurial support ecosystems, in order to generate the synergy required to scale-up development and transform our economies and provides a distinctive perspective on a pressing social and economic issue, with significant implications for the future of the United States and the world.Table of ContentsAcknowledgments About the Authors Introduction 1 Wealth Inequality: What is it? Why do We Care? 2 Growth and Development 3 The Rise of Entrepreneurship as an Economic Development Strategy 4 How Entrepreneurship Can Be Fostered in a Way That Mitigates Wealth Inequality 5 An Example from New York City: Competition THRIVE 6 An Example from Chicago: The West Side Business Xcelerator 7 An Example from Michigan: The MSU Product Center Food-Ag-Bio 8 An Example from Poland: The Warsaw Entrepreneurship Forum 9 Community Entrepreneurship: The Cases of the Lumber Enterprise in Ixtlan, Mexico and the Pubs of Rural Ireland 10 Social Entrepreneurship among Native Peoples of the Americas: A Model or an Exception? 11 Necessary but not Sufficient: Only Systemic Approaches Transform Index

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Book SynopsisThis collection of papers on financial instability and its impact on macroeconomic performance honours Hyman P. Minsky and his lifelong work. It is based on a conference at Washington University, St. Louis, in 1990 and includes among the authors Benjamin M. Friedman, Charles P. Kindleberger, Jan Kregel and Steven Fazzari. These papers consider Minsky's definitive analysis that yields such a clear and disturbing sequence of financial events: booms, government intervention to prevent debt contraction and new booms that cause a progressive buildup of new debt, eventually leaving the economy much more fragile financially.Table of Contentspart Financial Conditions and Macroeconomic Performance; chapterONE Introduction: Conversations with Hyman Minsky, Steven Fazzari; chapterTWO Minsky on Himself, Dimitri B. Papadimitriou; chapterTHREE Hyman Minsky as Hedgehog: The Power of the Wall Street Paradigm, Gary Dymski, Robert Pollin; chapterFOUR Risks in Our High-Debt Economy: Depression or Inflation?, Benjamin M. Friedman; chapterFIVE Intermediation, Disintermediation, and Direct Trading, Charles P. Kindleberger; chapterSIX Minsky's 'œTwo Price' Theory of Financial Instability and Monetary Policy: Discounting versus Open Market Intervention, Jan A. Kregel; chapterSEVEN From Business Cycles to the Economics of Instability, Piero Ferri; chapterEIGHT Keynesian Theories of Investment and Finance: Neo, Post, and New, Steven Fazzari; chapterNINE Imperfect Information, Corporate Finance, Debt Commitments, and Business Fluctuations, Domenico Delli Gatti, Mauro Gallegati; chapterTEN Minsky's Financial Instability Hypothesis and the Endogeneity of Money, L. Randall Wray;

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Book SynopsisThe rising unhappiness that leaders didn’t see That’s because while leaders pay close attention to measures like GDP or unemployment, almost none of them track their citizens’ wellbeing. The implications of this blind spot are significant and far-reaching—leaders missed the citizen unhappiness that triggered events ranging from the Arab uprisings to Brexit to the election of Donald Trump. What are they going to miss next? Grounded in Gallup’s global research, Blind Spot makes the urgent case that leaders should measure and quantify wellbeing and happiness—how citizens’ lives are going—and shows them how. It also discusses the five key elements of a great life and where the world needs to improve in each of them to better the lives of people everywhere.Table of Contents Introduction Overview Part I: The Leadership Blind Spot: Happiness and Wellbeing Chapter One: What Economic Models Miss Chapter Two: Unhappiness and Elections Part II: Addressing the Blind Spot: Measuring Happiness and Wellbeing Chapter Three: The Happiest People in the World? Chapter Four: How on Earth Do You Measure Happiness? Chapter Five: Do People Know How Happy They Are? Chapter Six: Behavioural Economics and Measuring a Great Life Part III: What Makes A Great Life? Chapter Seven: The Five Elements of a Great Life Chapter Eight: The Global Great Jobs Crisis Chapter Nine: Does Money Buy Happiness? Chapter Ten: The World's Broken Communities Chapter Eleven: The Global Hunger Crisis Chapter Twelve: A Lonely Planet Chapter Thirteen: The Serious Outcomes of Unhappiness Part IV: What Leaders Can Do to Improve How People's Lives Are Going Chapter Eighteen: What Public Sector Leaders Can Do Chapter Nineteen: What Private Sector Leaders Can Do Chapter Twenty: What Public Sector and Private Sector Leaders Can Do Together Conclusion: Five Million Conversations Appendix The Birth of the Gallup World Poll The Questions We Ask the World How Gallup Surveys the World References About Gallup About the Author Acknowledgements

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Book SynopsisIn a world of negative interest rates, extreme inequality and trillion-dollar budget deficits, it is safe to say that conventional macroeconomics needs an overhaul. Common Sense Macroeconomics is an innovative guide to various concepts of macroeconomic analysis. Presented in a student-friendly and accessible way, this textbook is an ideal introduction to all who seek to foresee economic developments and address some of the key problems of our time.Specifically, this book innovates as follows.Ravi Batra, a Professor of Economics at Southern Methodist University and known for his accurate forecasts such as the 2008 crash, argues that the goal of macroeconomics is to raise the living standard of all, not just a privileged few. Contrary to popular belief, relentless monetary expansion to finance budget deficits actually makes the rich richer and the poor poorer, which has been happening all over the world. Ethical policies and efficiency that create general prosperity go together. In order to increase everyone's income, governments should generate competition and outlaw mergers among large and profitable firms. Inequality arises from monopoly capitalism, because then wages lag behind productivity and generate a rising wage-productivity gap. This is the ultimate source of almost all economic troubles and imbalances. While the growing gap is inherently unfair, it also leads to vast income disparity and wealth concentration, stock market bubbles and crashes, recessions and eventually depressions. It is the rise in the wage gap that preceded the Great Depression of the 1930s and now the Great Recession of 2008. Hence governments should not stifle competition and vigorously enforce anti-trust laws. Macroeconomic equilibrium nowadays requires thatSupply = Demand + New DebtTrade Review"This plain-language introduction for students seeks to simplify arguments and avoid unnecessary complications. It begins with microeconomic foundations, general standard of living, and GDP accounting. Later chapters are devoted to classical, neoclassical, Keynesian, neo-Keynesian, and classic-Keynesian models at micro and macro levels. Further chapters explain stock market bubbles and crashes, the wage gap, global imbalances and poverty, growth cycles, and the supply of money. A final chapter suggests economic reform for ethical economic policy, with suggestions such as raising the minimum wage and enforcing anti-trust laws. Color charts and graphs are included."; Eithne O'Leyne; Ringgold Inc. Portland;Table of ContentsPreface; About the Author; Acknowledgments; Introduction: Microeconomic Foundations and Common Sense; The General Standard of Living; GDP Accounting; The Classical Micro Model; The Classical Macro Model; The Neoclassical Model; The Keynesian Model; The Neo-Keynesian Model; A Classi-Keynesian Model; The Anatomy of Stock Market Bubbles and Crashes; Wage Gap, Global Imbalances and Poverty; Long-Run Growth and Growth Cycles; The Supply of Money; An Open Economy; Economic Reform; Bibliography; Index;

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Book SynopsisStrategic disruptors in companies and economies, including blockchain technology, big data, and artificial intelligence, can contribute to the creation of new business opportunities, jobs, and growth. Research is needed on the impacts of these disruptors in Asia, as well as analyses on new business ecosystems and policy implications. Global Challenges and Strategic Disruptors in Asian Businesses and Economies presents a rich collection of chapters that explore and discuss the state of the art, emerging topics, challenges, and success factors in business, big data, innovation, and technology in Asia. The book explores how the internet of things, big data, and artificial intelligence can provide solutions for global challenges and companies. Including topics on digital economy, strategic management, and information technologies, this book is ideal for managing directors, general managers, corporate heads of firms, politicians, executives, entrepreneurs, academicians, decision makers, policymakers, researchers, and students looking to enhance their understanding and collaboration in business, disruptive innovation, and technology in Asia.

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