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Still Fettered After All These Years
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Download or read book The Abyss written by Niall Ferguson and published by Penguin. This book was released on 2012-10-23 with total page 882 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpted from Niall Ferguson’s sprawling bestseller The War of the World, The Abyss now stands on its own as one of the most thrilling short histories of World War I ever written. This is not a conventional military history about battles and generals. Rather, The Abyss examines how World War I saw the birth of total war—fought between societies as much as armies—and must therefore be understood in terms of the financial crises it unleashed, the multinational empires it destroyed, and the hateful ideas it propagated. The most remarkable thing about the war, Ferguson shows us, is how shockingly unexpected it was. At a time when economic integration and technology seemed to be rendering war between great powers impossible, World War I was the moment when that process went into reverse and the lethal forces of ethnic disintegration took over. Now, on the cusp of the 100th anniversary of its outbreak, we can see World War I as much more than just four years of industrialized slaughter. Weaving together the economics of empire and the ideology of race—and featuring an original preface by the author as well a teaser from his new paperback Civilization—The Abyss is world history at its finest.
Book Synopsis The Great Contraction, 1929-1933 by : Milton Friedman
Download or read book The Great Contraction, 1929-1933 written by Milton Friedman and published by Princeton University Press. This book was released on 2012-12-27 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Friedman and Schwartz's A Monetary History of the United States, 1867-1960, published in 1963, stands as one of the most influential economics books of the twentieth century. A landmark achievement, the book marshaled massive historical data and sharp analytics to support the claim that monetary policy--steady control of the money supply--matters profoundly in the management of the nation's economy, especially in navigating serious economic fluctuations. The chapter entitled "The Great Contraction, 1929-33" addressed the central economic event of the century, the Great Depression. Published as a stand-alone paperback in 1965, The Great Contraction, 1929-1933 argued that the Federal Reserve could have stemmed the severity of the Depression, but failed to exercise its role of managing the monetary system and ameliorating banking panics. The book served as a clarion call to the monetarist school of thought by emphasizing the importance of the money supply in the functioning of the economy--a concept that has come to inform the actions of central banks worldwide. This edition of the original text includes a new preface by Anna Jacobson Schwartz, as well as a new introduction by the economist Peter Bernstein. It also reprints comments from the current Federal Reserve chairman, Ben Bernanke, originally made on the occasion of Milton Friedman's 90th birthday, on the enduring influence of Friedman and Schwartz's work and vision.
Book Synopsis The War of the World by : Niall Ferguson
Download or read book The War of the World written by Niall Ferguson and published by Penguin. This book was released on 2012-11-06 with total page 880 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the bestselling author of The Ascent of Money and The Square and the Tower "Even those who have read widely in 20th-century history will find fresh, surprising details." —The Boston Globe "A fascinating read, thanks to Ferguson's gifts as a writer of clear, energetic narrative history." —The Washington Post Astonishing in its scope and erudition, this is the magnum opus that Niall Ferguson's numerous acclaimed works have been leading up to. In it, he grapples with perhaps the most challenging questions of modern history: Why was the twentieth century history's bloodiest by far? Why did unprecedented material progress go hand in hand with total war and genocide? His quest for new answers takes him from the walls of Nanjing to the bloody beaches of Normandy, from the economics of ethnic cleansing to the politics of imperial decline and fall. The result, as brilliantly written as it is vital, is a great historian's masterwork.
Book Synopsis The Holy Grail of Macroeconomics by : Richard C. Koo
Download or read book The Holy Grail of Macroeconomics written by Richard C. Koo and published by John Wiley & Sons. This book was released on 2011-11-21 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: The revised edition of this highly acclaimed work presents crucial lessons from Japan's recession that could aid the US and other economies as they struggle to recover from the current financial crisis. This book is about Japan's 15-year long recession and how it affected current theoretical thinking about its causes and cures. It has a detailed explanation on what happened to Japan, but the discoveries made are so far-reaching that a large portion of economics literature will have to be modified to accommodate another half to the macroeconomic spectrum of possibilities that conventional theorists have overlooked. The author developed the idea of yin and yang business cycles where the conventional world of profit maximization is the yang and the world of balance sheet recession, where companies are minimizing debt, is the yin. Once so divided, many varied theories developed in macro economics since the 1930s can be nicely categorized into a single comprehensive theory- The Holy Grail of Macro Economics
Book Synopsis Practical Sermons for All the Sundays and Holidays of the Year by : John Perry
Download or read book Practical Sermons for All the Sundays and Holidays of the Year written by John Perry and published by . This book was released on 1907 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Deflation by : Richard C. K. Burdekin
Download or read book Deflation written by Richard C. K. Burdekin and published by Cambridge University Press. This book was released on 2004-09-06 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was originally published in 2004. Fears of deflation seemed nothing more than a relic of the Great Depression. However, beginning in the 1990s, persistently falling consumer prices have emerged in Japan, China and elsewhere. Deflation is also a distinct possibility in some of the major European area economies, especially Germany, and emerged as a concern of the US Federal Reserve in 2003. Deflation may be worse than inflation not only because the real burden of debt rises but also because firms would confront rising real wages in a world where nominal wage rigidity prevails. This volume explores some key themes regarding deflation including: (i) how economic agents and policy makers have responded to deflation, (ii) the links between monetary policy, goods price movements, and asset price movements, (iii) the impact of deflation under different monetary policy and exchange rate regimes, and (iv) stock market reactions to deflation.
Book Synopsis The Ontology and Function of Money by : Leonidas Zelmanovitz
Download or read book The Ontology and Function of Money written by Leonidas Zelmanovitz and published by Lexington Books. This book was released on 2015-12-24 with total page 471 pages. Available in PDF, EPUB and Kindle. Book excerpt: The central thesis of the book is that in order to evaluate monetary policy, one should have a clear idea about the characteristics and functions of money as it evolved and in its current form. That is to say that without an understanding about how money evolved as a social institution, what it is today, and what is possible to know about monetary phenomena, it is not possible to develop a meaningful ethics for money; or, to put it differently, to find what kind of institutional arrangements may be deemed good money for the kind of society we are in. And without that, one faces severe limitations in offering a normative position about monetary policy. The project is, consequently, an interdisciplinary one. Its main thread is an inquiry of moral philosophy and its foundations, as applied to money, in order to create tools to evaluate public policy in regard to money, banking, and public finance; and the views of different schools on those topics are discussed. The book is organized in parts on metaphysics, epistemology, ethics and politics of money to facilitate the presentation of all the subjects discussed to an educated readership (and not necessarily just one with a background in economics).
Book Synopsis The Corporation and the Twentieth Century by : Richard N. Langlois
Download or read book The Corporation and the Twentieth Century written by Richard N. Langlois and published by Princeton University Press. This book was released on 2023-06-27 with total page 816 pages. Available in PDF, EPUB and Kindle. Book excerpt: A definitive reframing of the economic, institutional, and intellectual history of the managerial era The twentieth century was the managerial century in the United States. An organizational transformation, from entrepreneurial to managerial capitalism, brought forth what became a dominant narrative: that administrative coordination by trained professional managers is essential to the efficient running of organizations both public and private. And yet if managerialism was the apotheosis of administrative efficiency, why did both its practice and the accompanying narrative lie in ruins by the end of the century? In The Corporation and the Twentieth Century, Richard Langlois offers an alternative version: a comprehensive and nuanced reframing and reassessment of the economic, institutional, and intellectual history of the managerial era. Langlois argues that managerialism rose to prominence not because of its inherent superiority but because of its contingent value in a young and rapidly developing American economy. The structures of managerialism solidified their dominance only because the century’s great catastrophes of war, depression, and war again superseded markets, scrambled relative prices, and weakened market-supporting institutions. By the end of the twentieth century, Langlois writes, these market-supporting institutions had reemerged to shift advantage toward entrepreneurial and market-driven modes of organization. This magisterial new account of the rise and fall of managerialism holds significant implications for contemporary debates about industrial and antitrust policies and the role of the corporation in the twenty-first century.
Download or read book Electing FDR written by Donald A. Ritchie and published by University Press of Kansas. This book was released on 2007-11-08 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the landmark election of Franklin Delano Roosevelt in 1932, decades of Republican ascendancy gave way to a half century of Democratic dominance. It was nothing less than a major political realignment, as the direction of federal policy shifted from conservative to liberal-and liberalism itself was redefined in the process. Electing FDR is the first book in seventy years to examine in its entirety the 1932 presidential election that ushered in the New Deal. Award-winning historian Donald Ritchie looks at how candidates responded to the nation's economic crisis and how voters evaluated their performance. More important, he explains how the Democratic Party rebuilt itself after three successive Republican landslides: where the major shifts in party affiliation took place, what contingencies contributed to FDR's victory, and why the new coalition persisted as long as it did. Ritchie challenges prevailing assumptions that the Depression made Roosevelt's election inevitable. He shows that FDR came close to losing the nomination to contenders who might have run to the right of Hoover, and discusses the role of newspapers and radio in presenting the candidates to voters. He also analyzes Roosevelt's campaign strategies, recounting his attempts to appeal to disaffected voters of all ideological stripes, often by altering his positions to broaden his popularity. With the advent of the New Deal, Americans came to enjoy a wide federal safety net that provided everything from old age pensions to rural electricity-government innovations so embraced by voters that even later conservative presidents recognized their importance. Ritchie traces this legacy through the Reagan and Bush years, but he relates how FDR in 1932 was often vague about the specifics of his program and questions whether voters really knew what they were in for with the New Deal. As pundits, politicians, and citizens eye the upcoming 2008 campaign, Electing FDR reminds incumbents not to take their party support for granted or to underestimate their opponents-and reminds students of history that understanding the New Deal begins with the 1932's transformative election.
Book Synopsis Fixed Ideas of Money by : Tobias Straumann
Download or read book Fixed Ideas of Money written by Tobias Straumann and published by Cambridge University Press. This book was released on 2010-06-14 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most European countries are rather small, yet we know little about their monetary history. This book analyses for the first time the experience of seven small states (Austria, Belgium, Denmark, The Netherlands, Norway, Sweden, and Switzerland) during the last hundred years, starting with the restoration of the gold standard after World War I and ending with Sweden's rejection of the Euro in 2003. The comparative analysis shows that for the most part of the twentieth century the options of policy makers were seriously constrained by a distinct fear of floating exchange rates. Only with the crisis of the European Monetary System (EMS) in 1992–3 did the idea that a flexible exchange rate regime was suited for a small open economy gain currency. The book also analyses the differences among small states and concludes that economic structures or foreign policy orientations were far more important for the timing of regime changes than domestic institutions and policies.
Download or read book All the Year Round written by and published by . This book was released on 1892 with total page 758 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Politics in the New Hard Times by : Miles Kahler
Download or read book Politics in the New Hard Times written by Miles Kahler and published by Cornell University Press. This book was released on 2013-04-15 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Great Recession and its aftershocks, including the Eurozone banking and debt crisis, add up to the worst global economic crisis since the Great Depression of the 1930s. Although economic explanations for the Great Recession have proliferated, the political causes and consequences of the crisis have received less systematic attention. Politics in the New Hard Times is the first book to focus on the Great Recession as a political crisis, one with both political sources and political consequences. The authors examine variation in crises over time and across countries, rather than treating these events as undifferentiated shocks. Chapters also explore how crisis has forced the redefinition and reinforcement of interests at the level of individual attitudes and in national political coalitions. Throughout, the authors stress that the Great Recession is only the latest in a long history of international economic crises with significant political effects—and that it is unlikely to be the last.
Book Synopsis Transnational Political Spaces by : Mathias Albert
Download or read book Transnational Political Spaces written by Mathias Albert and published by Campus Verlag. This book was released on 2009-10-05 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: From a decidedly multidisciplinary perspective, the articles in Transnational Political Spaces address the notion that political space is no longer fully congruent with national borders. Instead there are areas called transnational political spaces—caused by factors such as migration and social transformation—where policy occurs oblivious to national pressure. Organized into three sections—transnational actors, transnational spaces, and critical encounters—this volume explains how these spaces are formed and defined and how they can be traced and conceptualized. Aus interdisziplinärer Perspektive gehen die Beiträge der Frage nach, wie transnationale politische Räume hervorgebracht und gestaltet werden. Dabei sind diese nicht rein territorial definiert: Einbezogen werden Identitäten und Interaktionen, die nationale Grenzen überschreiten – wie sie etwa durch Migration entstehen.
Book Synopsis The Growth of the Scholarly Publishing Industry in the U.S. by : Albert N. Greco
Download or read book The Growth of the Scholarly Publishing Industry in the U.S. written by Albert N. Greco and published by Springer. This book was released on 2018-10-16 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the dynamic growth of the scholarly publishing industry in the United States during 1939-1946, a critical period in the business history of scholarly publications in STM and the humanities and the social sciences. It explains how the key publishing players positioned themselves to take advantage of the war economy and how they used different business and marketing strategies to create the market and demand for scholarly publications. Not only did the atomic threat necessitate a surge in scholarly research, but at the same time scholarly publishing managers prepared for the dramatic shift by anticipating the potential impact of the GI Bill on higher education, creating superb printed products, and by becoming the brand, the source of knowledge and information. The creation of strategic business units and value chains as well as the development of marketing targeting strategies resulted in brand loyalty to certain publishers and publications but also accelerated the growth of the US scholarly publishing industry. Business historians and marketing professors interested in the business strategies of scholarly publishers during World War II will find this book to be a valuable resource.
Book Synopsis The New Comparative Economic History by : T. J. Hatton
Download or read book The New Comparative Economic History written by T. J. Hatton and published by MIT Press. This book was released on 2007 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays by internationally prominent economists examine long run cross-country economic trends from the perspective of New Comparative Economic History, an approach pioneered by Harvard economist Jeffrey G. Williamson. The innovative approach to economic history known as the New Comparative Economic History represents a distinct change in the way that many economic historians view their role, do their work, and interact with the broader economics profession. The New Comparative Economic History reflects a belief that economic processes can best be understood by systematically comparing experiences across time, regions, and, above all, countries. It is motivated by current questions that are not nation specific--the sources of economic growth, the importance of institutions, and the impact of globalization--and focuses on long-run trends rather than short-run ups and downs in economic activity. The essays in this volume offer a New Economic Comparative History perspective on a range of topics and are written in honor of Jeffrey G. Williamson, the most distinguished and influential scholar in the field. The contributors, prominent American and European economists, consider such topics as migration, education, and wage convergence; democracy and protectionism in the nineteenth century; trade and immigration policies in labor-scarce economies; and the effect of institutions on European productivity and jobs.
Book Synopsis A History of Big Recessions in the Long Twentieth Century by : Andrés Solimano
Download or read book A History of Big Recessions in the Long Twentieth Century written by Andrés Solimano and published by Cambridge University Press. This book was released on 2020-02-20 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the array of financial crises, slumps, depressions and recessions that happened around the globe during the twentieth and early twenty-first centuries. It covers events including World War I, hyperinflation and market crashes in the 1920s, the Great Depression of the 1930s, stagflation of the 1970s, the Latin American debt crises of the 1980s, the post-socialist transitions in Central Eastern Europe and Russia in the 1990s, and the great financial crisis of 2008-09. In addition to providing wide geographic and historical coverage of episodes of crisis in North America, Europe, Latin America and Asia, the book clarifies basic concepts in the area of recession economics, analysis of high inflation, debt crises, political cycles and international political economy. An understanding of these concepts is needed to comprehend big recessions and slumps that often lead to both political change and the reassessment of prevailing economic paradigms.
Book Synopsis Including a Symposium on New Directions in Sraffa Scholarship by : Luca Fiorito
Download or read book Including a Symposium on New Directions in Sraffa Scholarship written by Luca Fiorito and published by Emerald Group Publishing. This book was released on 2017-11-30 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 35B of Research in the History of Economic Thought and Methodology features a symposium on the economics of Piero Sraffa, guest edited by Scott Carter and Riccardo Bellofiore. It also features general research contributions from Masazumi Wakatabe, and co-authors Eugene Callahan and Andreas Hoffman.