Search results for ""Edward Elgar Publishing Ltd""

Should trade unions passively respond to turbulent changes in industrial relations or can they innovate and set their own agenda? In the face of technological, economic, political and cultural change, trade unions across Europe face a genuine threat to their past achievements and their future capacity to act and shape industrial relations.In The Challenges to Trade Unions in Europe , a group of prominent authors examines the unions' strategic policies in seven European member states and at the European Union level, as well as their responses to the globalization of economic competition. Using theoretical and historical analysis as well as up-to-date empirical research, they examine the successes of trade unions and their capacity to innovate in order to remain strategic actors in the industrial relations arena. In particular, the authors examine trade union policies responding to topical issues such as training, sustainable growth, flexibility, decentralization, deregulation and neo-liberal state policies.The Challenges to Trade Unions in Europe explores responses to the main economic, managerial, political and socio-cultural features of the transformation process facing trade unions in Europe. It will be welcomed by researchers and students interested in industrial relations, personnel management, and the social and economic implications of European integration.

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This five-volume collection (with individual volumes available separately) provides a comprehensive overview of the regulation approach to capitalism and its crisis-tendencies. Edited by a major British contributor to the approach, the collection includes not only key theoretical and empirical works from leading French regulationists but also representative work from other regulation schools and scholars. It also includes major critiques of the approach. Topics covered include regulationist approaches to the labour process, accumulation regimes (especially Fordism and post-Fordism), modes of social regulation, forms of state intervention, and the crisis tendencies of capitalism. Contributions cover different periods and different countries as well as different sectors and the changing global economy as a whole. The set includes both pioneer works and recent theoretical innovations and also explores the links between regulationism and other approaches, such as institutionalism, radical geography, critical discourse analysis, and feminism. This collection will be an essential reference work in institutional and evolutionary economics, in radical political economy, and in all social science disciplines concerned with capitalism and its crisis-tendencies.

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Dissenters have a common dissatisfaction with economics as it is currently practised, and they recognise that twentieth century economics has failed to explain real world economic phenomena. This major book focuses on the work and lives of seventeen of the most influential dissenting economists who have shaped twentieth century economics and who continue to make economics more relevant.In Economics and its Discontents each chapter explains what it means to be a dissenting economist and examines how and why the work of the featured economist constitutes dissent. It demonstrates that dissent in the profession extends beyond ideology and that dissenters can come from radical, liberal or conservative backgrounds. Dissent is considered in many respects, including how economics is taught, the methodology of economic analysis, the lack of attention economists pay to the real world behaviour of individuals, the narrow and limited assumptions made by economists, the inappropriate attempt of economics to dominate all social sciences, and the policy conclusions reached by standard economic analysis. The dissenters featured in this book suggest that there is a better way to do economics, and a better way to be an economist, and each has helped keep economics honest by constantly questioning traditional thinking. This book salutes and celebrates these dissenters who exemplify the very best of the discipline. If economics is again to be a respected field and a highly regarded profession, we must look to these dissenters to point the way forward.This book will be welcomed by professional economists, researchers and postgraduate students, especially those interested in the history of economic thought, and economic methodology and philosophy.

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The strategic management of socio-economic systems is becoming increasingly difficult with traditional economic models which are unable to handle environmental and technological factors. In Evolutionary Dynamics and Sustainable Development, Norman Clark, Francisco Perez-Trejo and Peter Allen offer a new approach which emphasizes the evolutionary nature of socio-economic systems. This major book begins with a critical evaluation of conventional economic approaches to development planning and then explores how modern general systems theory can show economic development as a process of structural change. The discussion includes the use of decision tools which can simultaneously handle spatial and temporal evolution. The authors develop a model which they explore through case studies of both Senegal and Crete. The model is combined with risk analysis to show how it can be used in computer-based scenarios, before its properties as an aid to decision making are summarized in the last chapter.Defining development as a process of structural change in economic systems rather than in terms of economic output, this volume will be welcomed for its advocacy of non-linear models as decision tools and for its special reference to issues of economic development and environmental stability in Third World countries.

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This major volume features a key selection of Wilfred Beckerman's work on the determinants of economic growth in the post-war world, income distribution and environmental policy. Economic growth is the focus of the first part of this volume which includes papers on the causes of differentiated rates of growth in the post-war years, its relationship to welfare, and the desirability of economic growth. The relationship between growth and the state of the environment is the subject of the second part of the volume which includes discussion of the economics of climate change, obligations to future generations and the justification of discounting. In this part of the book, Wilfred Beckerman also questions the value of sustainable development. The third part of the book, on inequality and poverty, focuses on the distribution of incomes, the conceptual problems of poverty measurement and the impact of social security payments in Britain. This volume also features an extensive introduction in which the author looks back on his career both as an academic and as a civil servant.Iconoclastic and thought-provoking, Growth, the Environment and the Distribution of Incomes will be welcomed as a wide-ranging and unconventional discussion of economic approaches to the environment, wealth distribution and growth.

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In this new path-breaking volume, David Edgerton brings to the forefront research on the role of business and its influence on industrial research and innovation. It is commonplace to acknowledge the role of science and technology, and research and innovation specifically, in transforming the twentieth century world. Other studies, however, focuses on scientific and engineering research in general, or technological systems and paradigms, or on government-funded initiatives. Industrial Research and Innovation in Business concentrates on business and its contribution to innovation and its role in producing and using new technologies.

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A unique and comprehensive source of information, the International Yearbook of Industrial Statistics is the only international publication providing economists, planners, policy makers and business people with worldwide statistics on current performance and trends in the manufacturing sector.This is the first issue of the annual publication which succeeds the UNIDO's Handbook of Industrial Statistics and, at the same time, replaces the United Nation's Industrial Statistics Yearbook, volume I (General Industrial Statistics). Covering more than 120 countries/areas, the new version contains data which is internationally comparable and much more detailed than that supplied in previous publications. Information has been collected directly from national statistical sources and supplemented with estimates by UNIDO.The Yearbook is designed to facilitate international comparisons relating to manufacturing activity and industrial performance. It provides data which can be used to analyse patterns of growth, structural change and industrial performance in individual industries. Data on employment trends, wages and other key indicators are also presented. Finally, the detailed information presented here enables the user to study different aspects of industry which was not possible using the aggregate data previously available.

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The fall of the Soviet system was hailed in the West as a triumph of liberal and democratic ideals, but this euphoria was to be short lived. The Rise of the Russian Democrats traces the pro-Western democracy movement's development in Moscow and Leningrad from 1987 to 1991 and seeks to explain its eventual loss of direction, inspiration and popularity. Studying the democratic revolution from its grassroots, Judith Devlin focuses on how a civil society emerged in Moscow and Leningrad through the development of political clubs and associations. Their relation to the reform politics of the party leadership is addressed in her authoritative and insightful analysis. Arguing that the movement's origins contributed to its ultimate decline, the author explains how the intelligentsia's leadership of the popular democratic movement was usurped by new politicians who emerged from the lower echelons of the Soviet management system. It was these new politicians who were able to play the key role in the transition to post-communism, shaping the new institutions and focusing political activity and debate. The Rise of the Russian Democrats attempts to characterise the original inspiration, strengths and weaknesses of the democratic movement in order to explain political culture after the 1991 coup. As an exploration of the reasons for the slow and superficial nature of democratization in Russia, this book is of practical, as well as academic, interest for students, researchers, journalists and policymakers.

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Direct foreign investment by transnational corporations is of increasing importance for developing nations and has major implications for legislators, policymakers and business leaders. The State and Transnational Corporations is one of the first books to show how transnational corporations build contacts with various levels of government to legitimize their operations in a country and obtain favourable decisions. Using data and figures from detailed interviews with transnational corporation executives, the authors examine the strategies transnational corporations pursue towards governments, how the two interact, on what issues and at which levels, and how these contacts are developed and maintained. Through the exchange of information and favours, transnational corporations - often using local agents - are shown to be able to develop stable and trustworthy relationships with governments. The strong theoretical structure used in this study, drawing on both the network approach and institutionalist theory, emphasizes the cooperative nature of this relationship.Researchers and students of international business, international marketing and international relations, as well as government officials and policymakers, will welcome the rigorous, empirical approach of this volume with its emphasis on the cooperative nature of state-corporate relations.

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The Chinese Economy in Transition provides an analysis of the economic reforms introduced under Deng Xiaoping. It attempts to answer the question: what was the economic system that the Chinese were trying to reform and what approach have they adopted to reform it?Whilst the book focuses primarily on economic issues, it also explores the political and social environment and concentrates on three broad areas of the Chinese economy: agriculture, industry and macroeconomic management. Within these broad areas the focus is on two major themes: competition and cooperation, and central authority and regional autonomy. This book will be of special interest to senior undergraduate and postgraduate economics students, academics and China analysts.

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Economic modelling of innovation demands a great deal from economists since it requires them to analyse the new and unknown. This volume brings together contributions from a distinguished group of scholars who review a wide range of different theoretical and empirical economic approaches to this important topic.Beginning with a survey of recent economic analysis on the role of innovation in driving growth, this volume features papers on the mainstream approaches to the welfare economics of innovation, the pitfalls and delays involved in bringing major inventions to market and the public subsidy of research. Later chapters examine pricing strategies for new products, models of productivity growth, knowledge spillovers across national boundaries and the effect of innovation on income distribution.While recognising the many non-economic factors needed to explain innovation, Economic Approaches to Innovation demonstrates that economic analysis has much to offer in its modelling of key concepts such as uncertainty, private information, incentives and public goods.

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Chinese Technology Transfer in the 1990s examines - with special reference to the reform policy and encouragement of foreign direct investment - scientific policy, research and development and technology transfer in the People's Republic of China.The book presents new original work by leading Chinese and British scholars who provide an up-to-date account of recent developments in the rapidly changing process of technological modernization, and of the current problems China is now facing. It demonstrates the extent to which technology policy and transfer from abroad remain central to the successful economic development of China. The authors also highlight the character of the continuing debate within China on these issues. Complementing these articles are authoritative discussions on technology transfer, innovation and industrial development from theoretical, historical and international perspectives.The book will be of interest to governments, international agencies interested in the economic development of China, academics and graduate students.

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Pieter Hennipman, the leading Dutch economist of the post-war period, made many substantial contributions to economic policy, welfare economics and, latterly, the methodology and history of economic thought during a long and distinguished career.Welfare Economics and the Theory of Economic Policy brings together a key selection of Professor Hennipman's papers - many of which have not been published in English before - which express his profound analysis of the theory of economic policy and his masterful discussion of its definition, character and scope. The pioneering work featured here developed his argument that normative economic statements and economic policies can be analysed scientifically and evaluated with the use of objective criteria. Prominent among these papers are the contributions to welfare economics and Pieter Hennipman's examination of the transition from the view that welfare was exclusively dependent on production to one which saw it as a subjective phenomenon dependent upon consumption. This volume also includes his rigorous and insightful essays on the history of the theory of welfare economics.With a thorough introduction by Donald Walker, this comprehensive volume will improve access to Professor Hennipman's outstanding contributions on the nature of the theory of economic policy as well as papers which place welfare theory in relation to other sections of economic theory in a penetrating and sophisticated manner.

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In The Makers of Modern Economics scholars at the peak of their powers reflect on their influences, education and careers as well as the wider concerns of economics as a discipline.Leading figures at the centre of developments in modern economic theory have been invited by Arnold Heertje to discuss their careers, their work to date and, in particular, their views on future research. The first volume in this series was acclaimed by Professor David Audretsch as ‘a unique insight into the thoughts and lives of prominent economists’. . . The second volume includes essays by Mauro L. Baranzini, Paul Krugman, Masahiko Aoki, Bruno S. Frey, Edmund S. Phelps and Oliver E. Williamson.These essays discuss their development as scientists, the problems and issues that interested them, and the individuals who guided and influenced them. The Makers of Modern Economics offers an exciting impression of the - sometimes conventional, sometimes unexpected - course of their lives.

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The problems associated with chronically high inflation and hyper inflation continue to preoccupy policy makers and economists. In Great Inflations of the 20th Century, Pierre Siklos has gathered together major papers by a distinguished group of scholars who use historical episodes to understand and explain a key issue.Beginning with general surveys of historical experiences of hyperinflation and cases of chronic inflation, this volume continues with papers on the conditions which are conducive to generating high inflation. The link between monetary policy and inflation is examined through empirical studies of inflationary episodes in Germany, Hungary and Bolivia. The final part looks at how policy makers can seek to end high inflation with the smallest possible economic cost.Bringing together in one accessible volume a series of acclaimed contributions to the field, Great Inflations of the 20th Century will be a key reference resource for interested scholars and policy makers concerned with the myriad of issues surrounding the beginning and end of high or chronic inflation.

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Trust is increasingly recognized as a crucial aspect of successful economic relationships, albeit a difficult one to define, and Mark Casson has been at the forefront of recent research in this area.Mark Casson pioneered the use of transaction cost theory to explain the boundaries of the multinational firm. In The Organization of International Business, he extends the internalization theory of the firm to encompass, on the one hand, inter-firm networking and, on the other, the internal organization and managerial structure of the firm. The key innovation is the distinction between information cost - the cost of gathering information on the assumption that it is true - and transaction cost - the cost of ensuring that the information actually is true. This innovation facilitates a synthesis of transaction cost analysis and organizational behaviour. It also provides new insights into the dynamics of internationalization, and the role of learning in the growth of the firm.The Organization of International Business is a major extension of international business theory which synthesizes transaction cost analysis and organizational behaviour. Although it focuses on international business and multinational enterprises, the analysis can be applied to a wide variety of business units. Together with its companion volume, Entrepreneurship and Business Culture, this topical and wide-ranging book offers a definitive analysis of the importance of trust in economic life as well as the related concepts of networking, consultation and empowerment.

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This volume brings together a series of key articles concerning the major accounting jurisdictions within Europe. The articles cover the evolution of financial reporting in various countries and deal with features of their accounting environment which distinguish them from other jurisdictions. It is a unique collection of material which will be an essential aid for students and researchers in comparative international reporting.

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Trade policy in the United States since 1930 is rigorously evaluated in this major new book. Using public choice analysis to identify and explain protectionist behavior, Charles K. Rowley, Willem Thorbecke and Richard E. Wagner demonstrate why unilateral free trade cannot be achieved through the normal political process and make a strong case for constitutional reform.Trade Protection in the United States analyzes the history of US trade policy to explain why interest groups are able to foster protectionist policies despite the advantages which free trade offers consumers. The authors also explain why the principles of managed trade - as epitomized in the institution of the GATT - are inevitably subverted by protectionism. This important book concludes with a vigorous justification of unilateral free trade and makes a convincing case for protecting the freedom to trade through an amendment to the US constitution.Applying recent developments in constitutional political economy to a key policy issue, this book will be welcomed by economists, political scientists and lawyers as a major statement of the right to trade.

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Banking, Politics and Global Finance presents an innovative, micro-political examination of the US banking system's response to the ongoing globalization of financial markets. This approach contrasts sharply with earlier studies which have emphasized the macro-structural aspects of politics through concentrating on elements of stability and consistency in the policy responses by advanced industrial countries to external economic pressures. By micro-political analysis of policy making, this book reveals a multitude of changes in the interests, coalitions and power constellations among private and public sector actors and institutions in the US financial system, in the absence of any macrostructural adjustment. These changes have opened alternative channels for policy making leading to substantial adjustments in the regulatory framework governing US financial markets. Using detailed discussion of the unsuccessful attempts to repeal the law that separates commercial from investment banking - the Glass-Steagall Act - and the successful raising of the capital standards of US commercial banks, Dr Reinicke's book also explains why the same policy network can respond very differently to an external economic challenge - a phenomenon usually neglected in the literature on comparative political economy.

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This is the first of a two volume collection of the late Julian Simon's important and radical contributions to a wide variety of economic problems. Often considered as controversial and unorthodox, these essays challenge conventional approaches. The book begins with introductory chapters in which the author discusses his background and experiences as a controversial scholar. Divided into six parts, the first part considers some basic concepts on issues such as welfare, natural resources, causality and product differentiation. The second part contains essays on managerial economics as well as general microeconomics including monopoly, duopoly and oligopoly. Advertising is discussed in the third part and industrial organization in the fourth. Part five focuses on policies for exchange and auction considering, among other issues, airline overbooking, and the final section features articles on macroeconomics.This collection of controversial essays will be welcomed by academics and students interested in unorthodox approaches to various economic theories and concepts.

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This second volume of the late Julian Simon's articles and essays continues the theme of volume one in presenting unorthodox and controversial approaches to many fields in economics.The book features a wide range of papers divided into eight parts with a biographical introduction to the author's career and intellectual development as well as personal revelations about his background. Part One contains essays on statistics and probability which are developed in the second section on theoretical and applied econometrics. The third part considers individual behavior, including discussion of the effects of income on suicide rates and successive births, and foster care. Parts four and five present papers on population and migration, for which the author is best known. The sixth part contains Professor Simon's controversial discussion of natural resources and the articles in part seven relate to welfare analysis. In the final part some of the author's previously unpublished papers are presented, including discussions on duopoly and economists' thinking.Like the first volume this collection will be of interest to academics and students welcoming controversial and unorthodox approaches to a wide variety of theories and concepts in economics.

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Institutionalist analysis is increasingly used as a key research tool for economists confronted with the shortcomings of mainstream economic analysis and the problems presented by the transformation of socio-economic systems in Eastern Europe. On Economic Institutions brings together leading economists working in a wide range of research traditions who examine theories of institutions and institutional change. This important volume shows that the failure of most neoclassical economic analysis to consider economic institutions is a major shortcoming in scholarship which seeks to describe and understand crucial economic phenomena. After discussing the dynamics of institutional change, the contributors examine the explanatory variables necessary for researching institutions and pay particular attention to 'efficiency' as the key variable used by neoclassical institutional analysis. Later chapters examine the processes of institutional change focusing on issues such as path dependency, selection mechanisms and institutional dynamics, and methodological issues in analysing economic institutions. An introduction by the editors places these papers in context and traces the development of economic research across the various schools.Economists from both neoclassical and institutionalist schools, as well as economic historians, are making increasing use of institutionalist analysis as a key research tool. In bringing together cutting-edge theory and research on economic institutions, this important volume will be welcomed by scholars working in evolutionary and institutionalist research traditions, as well as by organizational theorists and sociologists.

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The great tradition of classical economics is an enduring source of inspiration for new research relating to the development of economics as a discipline. This major volume brings together papers which reflect the durability as well as the diversity of classical research themes for historians of economics.Beginning with a re-evaluation of mercantilism, the volume continues with papers on stoicism in the work of Adam Smith, Smith’s use of the word ‘natural’, a game-theoretical evaluation of the Theory of Moral Sentiments and Wealth of Nations, a textual reinterpretation of Smith’s wage theories, and the important role of institutions in J.S. Mill’s economic analysis. The papers in this collection cover both Smithian classicism and the Ricardo - Marx - Sraffa classicism which is represented here by four papers on the work of Krishna Bharadwaj, a persuasive contemporary interpreter of this variant of the classical tradition.The Classical Tradition in Economic Thought demonstrates that classicism, in all its many faces, is not only alive but generating an ongoing flow of interpretative literature which will be of interest to students and scholars concerned with economic theory and the history of economic thought as well as the heterodox schools in modern economics.

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This is the third of three volumes containing the published and unpublished economic papers of Orley Ashenfelter written between 1966 and 1994. A complete and cross-referenced chronological list of all of the works featured in this set is included. The volumes begin with an interview in which Professor Ashenfelter covers highlights of his professional life, a discussion of many of the essays and papers featured in these volumes, and his reflections on the development of economics over the course of his career. Employment, Labor Unions and Wages and Education, Training and Discrimination are the companion volumes to Economic Institutions and the Demand and Supply of Labor, which together provide a distinguished collection of Ashenfelter’s essays.These three volumes contain highlights of the published and unpublished economic papers of Orley Ashenfelter written between 1966 and 1993. A complete and cross-referenced chronological list of all of the works featured in this set is included. The volumes begin with an interview of Professor Ashenfelter which covers highlights of his professional life, a discussion of many of the essays and papers featured in these volumes, and his reflections on the development of economics over the course of his career.

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Party Formation in East-Central Europe is one of the first books to present detailed studies of politics in Czechoslovakia, Hungary, Poland and Bulgaria during the initial three years of post-communist rule. International scholars have collaborated to produce a volume which examines the first steps in regime change and the opportunities for a successful transition to democracy. As well as examining the creation of new party systems after the end of communist rule in each country, the papers in this volume adopt a comparative perspective which highlights the regional dimension. In particular, the authors place the post-communist experience in the context of the earlier transitions from authoritarian rule in Southern Europe. They discuss whether the experience of Portugal and Spain in the 1970s and Italy in the 1940s might serve as a framework for the analysis of East-Central Europe in the 1990s.

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Economic Theory and Policy in Context brings together a selection of R.D. Collison Black’s essays on the relationships between economic theory and policy, viewed historically.Beginning with a series of essays concerned with economists and economic policy in nineteenth century Ireland, the volume continues with a section entitled ‘In and Out of the Mainstream’ featuring studies of the work of economists, both famous and obscure, which reflect their author’s special interest in the relation between economics and biography. The final section on the economics of W.S. Jevons brings together papers which encouraged a revival of interest in that economist, including two which were previously unpublished.R.D. Collison Black is one of the very few economists who has used the tools of history to study the relationship of economic theory to policy in detail. Bringing together his most important work in one accessible volume, this collection of his essays will be welcomed by students and researchers in the history of economic thought.

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Regional Policy and Regional Integration reprints the most important papers on those government policies that have an intentional and formal geographic focus. These policies have typically been motivated by equity considerations such as reducing unemployment, increasing incomes, promoting structural adjustments or realizing development potentials. While the main objective of regional policy is to improve conditions in deprived areas, public resources must be used in such a way that these objectives are achieved efficiently.The topics covered in this important volume include regional integration and urban systems; income, amenities and welfare; infrastructure; manufacturing; services; innovative milieux; delineating planning regions and policy instruments.

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During the latter part of the nineteenth century and the beginning of this century both international trade and national economies grew exponentially, with international trade growing considerably faster than national income. Contributors to these two volumes question whether trade’s more rapid growth was an engine pulling successful economies, or whether government policies of trade protection had a greater impact upon national economic growth.The essays in this collection analyse four major driving forces of the period’s sustained economic growth: changes in tariff policies; the technological ‘revolution’ in transportation costs; the population and income growth effects upon demand; and the alterations to comparative advantage brought about by technological changes and resource discoveries.

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The Political Economy of Trade and Growth provides the basis for a major re-evaluation of Sir James Steuart's contribution to modern economics through a rigorous analysis of his most important work.Hong-Seok Yang presents an analytical interpretation of An Inquiry into the Principles of Political Economy, in terms of modern economics. This study of Steuart's classic work reveals that his political economy contains not only original ideas and ground-breaking thinking for his time, but also many major ingredients of modern economics. Arguing that the Inquiry is implicitly logical, Dr Yang analyses both its structure and content, placing Steuart's doctrine in historical, methodological and ideological context. Each chapter addresses a different part of Steuart's political economy. The author seeks to assess the significance of Steuart's thought and to explain why his work has so often been dismissed as 'mercantilism' by later readers.Comprehensive in its scope and thorough in its analysis this book will be welcomed by historians of economic thought and by all those interested in the processes behind the evolution of economic ideas and doctrines.

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This new and expanded edition of a classic work draws our attention to the often neglected role women have played in the development of economics. The work and intellectual history of eight prominent women economists of the eighteenth to twentieth centuries are studied to reveal how they strove to become successful contributors to economic science.These women economists had vastly different lives and philosophies. Jane Marcet, Harriet Martineau and Millicent Fawcett followed the goal of free enterprise and individualism and wrote on the subject when economics was still in its infancy. Rosa Luxemburg, Beatrice Webb and Joan Robinson were all believers in some form of collective government, and Barbara Bergmann and Irma Adelman concern themselves with income distribution, in both developed and developing countries. The authors examine the respective backgrounds and discuss the intellectual histories of these remarkable women to throw light on the development of economics since the time of Adam Smith.This book will be welcomed by students and scholars interested in the contribution women have made to the advancement of economic science.

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Does economic analysis need to incorporate a more rounded and ethical view of individuals? What is the ethical status of market capitalism? How should ethical and economic considerations be weighed together?Market Capitalism and Moral Values brings together a distinguished group of academics and policy makers who provide detailed discussion of some of the key issues at the intersection of economics and ethics. This volume focuses on the effect of moral beliefs on economic conduct, recognizing that beliefs and moral codes act as restraints on economic agents just as much as limited budgets or institutional environment.These essays combine academic rigour and clarity of presentation in addressing some of the foundational questions concerning the morality of both our economic system and economic analysis. With contributions from leading academics, commentators and policymakers such as Samuel Brittan, Nigel Lawson, Amartya Sen and Robert Skidelsky, this volume will be welcomed as a stimulating, authoritative discussion of interest to all those concerned with the ethical dimension of market capitalism.Market Capitalism and Moral Values brings together a distinguished group of academics, policy advisors and policymakers who provide detailed discussion of some of the key issues at the intersection of economics and ethics. These essays combine academic rigour and clarity of presentation in addressing some of the foundational questions concerning the morality of both of our economic system and our economic analysis.

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European integration, the collapse of state socialism and the relative decline of social democracy have left only two dominant European ideologies: nationalism and the free market. In Citizenship and Democratic Control in Contemporary Europe a distinguished group of scholars argues that a democratically reconstructed Europe requires a new approach centred around a concept of citizenship which is neither individualistic nor ethnically based but is concerned with the empowerment of individuals. The authors propose the development of a well-structured and pluralistic civic society which encourages active citizenship and a definition of democratic citizenship which can be expressed through self-organized social activity. Addressing issues central to the future of European democracy - including politics and political processes, economic and social policy, and ideology, language and communication - this important book challenges many of the existing assumptions about the revolutions of 1989, their aftermath and the future of post-Cold War Europe. Insightful and policy relevant, this book will be welcomed by sociologists, political scientists and economists interested in the ideologies underpinning European society.

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The Marquis de Condorcet (1743-94) was a founding father of social science. He believed that what he called the moral sciences could be studied by the same exacting methods as the natural sciences, and he developed many of the tools for doing so. Condorcet has had two quite unconnected reputations: as the doomed and foolish Enlightenment scholar, writing about the perfectibility of mankind while in hiding from the Terror that would shortly claim his own life; and as the incomprehensible founder of social choice, whose Essai of 1785 was not understood until the 1950s. This book shows that he was not so foolish, nor so incomprehensible, as even sympathetic treatments have made him sound. A long introduction uses the latest French and English sources to put his work into context, explains the unity of his thought and explicates his difficult arguments in probability theory and social choice. The extracts from Condorcet's work that follow are in two parts. Part I, 'The Theory of Voting', includes some extracts from the notorious Essai of 1785 but also later work which is more accessible and makes new points. Part II, 'Human Rights', shows Condorcet the passionate campaigner for rights for slaves and for women, and the American constitutionalist. His poignant 'Advice to his daughter' and 'Testament' show the spirit of a man who knew he was almost certain to be killed, and would never see his daughter again.Most of the works translated here have never appeared in English before. They will be an essential reference source for everybody working in social choice, the history of mathematics and human rights, and the Enlightenment.

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Perestroika's fate was determined by the hostile reaction of the working class. Strikes, protest and the fear of working class action had a devastating impact, yet relatively little is known about the workers' movement during this period. This book surveys the development of the new workers' movement in Russia under perestroika to understand how it connected with the workers at shop floor level and the national and local political authorities to whom it addressed its demands, and whose development it sought to influence. Drawing on a programme of collaborative research on Russian industrial relations from 1987 to 1992, the authors use a series of case studies to explain the gulf between the thousands of tiny independent groups, often based in a single enterprise or even a single shop and regional and national organizations without a grassroots base. Extensive interviews with participants, tape and video recordings as well as substantial documentary material are used in case studies of the 1989 miners' strike in Kuzbass, the Kuzbass Regional Council of Workers' committees, the Independent Miner's Union in Kuzbass, Sotsprof in Moscow and the Federation of Air Traffic Controllers' Unions.

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This important new book brings together a significant body of new essays on some of the central economic problems facing governments, firms and individuals in the 1990s. Under the direction of Paul Davidson and Jan Kregel, an international group of distinguished economists provide new perspectives on key issues including employment, corporate and work place restructuring, economic growth and development, financial integration and transformation of the former command economies. Combining rigorous scholarly assessments of the issues with policy prescription, the contributors seek to provide solutions to the problem of providing full employment, to identify the factors determining the expansion of the economy, and to analyse the impact of financial markets, financial derivatives and international regulations on domestic and global economic performance.Employment, Growth and Finance will be welcomed by all those interested in the solutions to international economic problems being developed by post Keynesian economists.

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Standards and standardization policies increasingly influence innovation and competitiveness. As well as examining how standards are developed and applied, this important new book considers whether technical standards function as effective public policy instruments and components in the processes of industrial globalization.Much of the existing literature in the field makes reference either to information and communication technologies or to the protection and management of the natural environment. In Standards, Innovation and Competitiveness there is a recognition of how closely integrated both sectors have become over questions of process, the role of scientific assessment, and the 'network' effects that accompany standardization. The contributors shift the research and policy focus away from narrowly defined sectoral concerns, towards a more generic view of standards and standards-setting, and their roles as instruments of public policy. With nineteen papers by authors from seven countries, the blend of approaches ranges from formal economic analysis, through political, sociological, and historical analysis, to pragmatic discussions by standards makers themselves. The subjects discussed include issue definition, methodological approaches, political articulation of public and private sector agendas, organizational and decision-making processes, the role of technology users in standardization, and the relationship between standardization and innovation.

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Primary commodities - food, raw materials, fuels and base metals - continue to be a substantial proportion of the exports of many developing countries and account for over 40 per cent of world trade. The determinants of primary commodity prices, and the terms on which they are traded for manufactured goods, are topics of considerable importance for development economists.The Economics of Primary Commodities brings together in one volume important new work by a group of leading scholars on the economic analysis of primary commodity markets. Their detailed coverage of major recent developments in the field include discussion of modelling and policy issues. Topics addressed include excess co-movement of commodity prices, the stabilization of earnings in volatile commodity markets, a macroeconomic framework for trade terms between north and south, and the influence of economic policy on commodity markets. The essays should provide the reader with an overview of the current 'state-of-the-art' and a useful platform on which future research might be based.This book will be welcomed by academic researchers, practitioners and postgraduate students concerned with the economics of trade, economic development and international economics.

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Monetary Theory and Monetary Policy is the second collection of essays by Karl Brunner - one of the most prominent monetary economists of the twentieth century. It demonstrates the importance of economic analysis for the development of appropriate economic policies.The book opens with a preface by Thomas Lys which provides the reader with an account of both Karl Brunner's personal and academic life. This is developed further in an introduction by Allan H. Meltzer, who focuses on Brunner's intellectual development. Issues discussed in this collection include the question of whether monetarism has failed, monetary policy, persistent inflation, deficits and interest rates, high-powered money, the monetary base, the money supply, international monetary order and the question of whether supply-side economics is sufficient for comprehensive policymaking.This selection will be welcomed by academics, students and policymakers interested in monetary economics and the work of Karl Brunner.

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At the time of his death in 1989, Karl Brunner was known not only for his writings in monetary economics but also for his contributions to econometrics, the theory of man, logics and the analysis of sociopolitical problems. Between 1953 and 1989, Professor Brunner published over 200 articles and books, founded two leading academic journals - the Journal of Money, Credit and Banking, and the Journal of Monetary Economics - and organized numerous conferences. Economic Analysis and Political Ideology, the first volume of Karl Brunner's essays with an introduction by Nobel Laureate James M. Buchanan, reproduces articles dealing with Professor Brunner's socio-economic analysis. Providing insight into a man absorbed and preoccupied by economic scholarship, this volume includes papers ranging from economic policy, inflation, the place of religion in the social order and Keynes's sociopolitical vision to more personal writings on the author's quest for knowledge and the reasons underlying his fascination with economics. The second volume, Monetary Theory and Monetary Policy, with a foreword by Alan Meltzer, is published separately and deals with macroeconomic issues.

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The Sociology of Medicine is a collection of essays and research findings representing the work of medical sociologists in several different countries which focus on current ideas, concepts and issues in medical sociology. The selections provide a contemporary overview of the field in the following areas: sociological theory and health, social factors and disease, social demography, social stress, health and illness behaviour, alternative forms of medicine, health professions and occupations, hospitals, and health care delivery and social change.Although many of the papers are written by medical sociologists in Great Britain and North America, the work of their counterparts in Germany, France, Singapore and Japan is also included. The articles provide both an overview and international focus on the relationship between health and society.

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Economic Theory and Capitalist Society is a collection of Shigeto Tsuru's most important essays written over the period of the past 60 years in the fields of general economic theory, development and environmental economics, and Marxian political economy. Professor Tsuru has been a leading critic of the major tenets of modern economic theory and has been credited in particular for his comparative studies of aggregate concepts, such as those of Quesnay, Keynes and Marx. Essentially an institutionalist, the author reviews the methodological significance of Marx's contribution, taking up in detail the latter's unique concept of the 'fetishism of commodities' and discussing the relevance of Marxian methodology to the analysis of present-day capitalism. The author's critique of the fundamental equation of growth accounting developed by Robert Solow, 'Effects of Technology on Productivity', is one of a number of theoretical papers included in this volume. It also features a series of important essays on environmental economics which the author, as a founder of the Japanese environmental movement, has written over the past half century.This collection of key articles by one of the most distinguished Japanese economists will be welcomed by students and practitioners in the fields of institutional and radical economics, environmental economics and the history of economic thought. The volume also includes an autobiographical essay which explains the development of Professor Tsuru's thought, his education at Harvard in the 1930s and his experience of post-war Japan. The Economic Development of Modern Japan, the second volume of Shigeto Tsuru's selected essays, is also published by Edward Elgar.

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This major new book offers a comparative survey of management, labour and productivity politics in twentieth century Europe. The authors detailed assessments of industrial and political campaigns to raise productivity growth in Britain, Germany and Sweden during this century. Ranging from explorations of the high politics of the nation state and the impact of the Marshall plan on the European countries, to careful assessments of the productivity struggles which took place in the coal mining and metal working industries of modern Europe, each of these essays provides a rich context for understanding the rise and fall of the social democratic project in the reconstruction of Western Europe. The contributors critically assess claims that workers' participation in economic decision-making was a natural feature of modern production, while also emphasising the significance of economic reforms which were enacted in the post-war years.Management, Labour and Industrial Politics in Modern Europe offers a deeper understanding of the performance of the European economies and the politics of reconstruction by combining an analysis of state initiatives with an examination of the strategies pursued by management and labour in the key sectors of European industry in these decades.

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This two volume set reprints 28 papers on fiscal and monetary policy interpreted broadly enough to include such issues as the effects of government debt and intergenerational accounting. It emphasizes problems that are not specific to a particular country but are relevant for all developed market economies. Fiscal and Monetary Policy is divided into three parts; the first deals with the problems that are common to both fiscal and monetary policies; the second deals with fiscal policy and the third with monetary policy.Fiscal and Monetary Policy includes important articles on the effects of lags on the feasibility of stabilization policy, time inconsistency, the motivation of monetary and fiscal authorities, the Lucas critique, Ricardian equivalence, the choice of monetary targets, feedback rules, international aspects of monetary policy and the appropriate role of government in the monetary system.

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This collection brings together the classic papers on the economics of rent seeking. These papers date from Gordon Tullock's original 1967 paper which first put forth the idea that the pursuit of transfers was socially costly. Other classic papers by Anne Krueger and Richard Posner are included, as well as a series of more recent papers which trace the evolution of the literature on this important innovation in economic theory.

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These two volumes provide a range of perspectives on the collapse of the world economy in the interwar period, a time when problems of crisis and confrontation drastically affected world economic performance. During this period, national and international politics intruded upon global economic relations with more intensity than before. Trade and finance became instruments of government policy with the emergence of macroeconomic analyses of domestic economic performance. While the volumes concentrate on the major trends in the global economy as a whole, attention is also paid to developments in particular economies.The editor’s introduction provides a thematic overview of the main questions raised by this complex period. The Disintegration of the World Economy Between the World Wars, with its focus upon the period’s newly developing concepts for understanding trade and the macroeconomy, will be essential reading for understanding the growth and development of the world economy.

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This important new volume addresses the many aspects of banking in European market economies in the twentieth century, making innovative and authoritative research available to historians, economists, financiers and business analysts. The distinguished group of authors examines the historic role of banks in utilizing domestic and foreign financial resources. Their contributions show that from the 1880s onwards banks became an integral part of the capital market in continental Europe. In the course of this development the banks played a crucial part in financing industry in North and Central Europe. This symbiotic relationship between banks and industry is analysed and is shown to have had a decisive impact on the inflation and crisis-prone interwar period. The comparative and quantitative methods applied in these papers reveal differences between the countries of North and Central Europe, especially with regard to the degree of state intervention in individual economies. Other topics discussed include the networks of interlocking directorships, the effectiveness of banking legislation and the impact of the national question on banking in central and Southeast Europe.Universal Banking in the Twentieth Century illustrates both striking similarities and marked differences in the role of universal banking across Europe in terms of the level of industrialization and the pace of economic growth.

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This collection presents an authoritative selection of the most important articles in law and economics literature, written by distinguished scholars such as Ronald Coase, Robert Cooter, Henry Manne, Steven Shavell and Oliver Williamson. The articles are arranged by theme into 12 sections, ranging across the entire spectrum of private and public law.66 articles, dating from 1960 to 1995 Contributors: G. Becker, G. Calabresi, R. Coase, R. Cooter, H. Demsetz, R. Epstein, W. Landes, H. Manne, S. Shavell, G. Stigler, O. Williamson

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Over the last two decades economic analysis has begun to offer increasingly sophisticated and useful insights into environmental problems. Tom Tietenberg has had a significant impact on recent innovations which have enlarged the range of economic policy instruments at our disposal as well as transforming the roles of the various institutions responsible for implementation and enforcement.Economics and Environmental Policy includes Professor Tietenberg's most important essays on economics and environmental policy written over a 20 year period. It includes papers on the integration of economic incentives into pollution control which cover theoretical work and empirical studies as well as overviews of emission trading and emission charges. Later papers concentrate on the judicial role in environmental policy, including the perverse incentives created by specific legal doctrines, and environmental enforcement, which deals with issues such as creative penalty structures and the empowerment of nongovernmental organizations. The final papers deal with sustainable development and, in particular, the role of poverty, the need for technology and capital transfers, and the pricing of depletable resources.The essays in this collection address not only theoretical and practical matters associated with environmental policy, but also design and implementation issues. By improving access to Tom Tietenberg's many important contributions, this volume makes a significant addition to the literature on environmental theory and practice.

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