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Science, Technology and Innovation in the History of Economic Thought (Palgrave Studies in the History of Economic Thought)
Par Estrella Aznar, Fernando Castellano. 2023
This book provides an overview of the importance of science, technology, and innovation in the history of economic thought. It…
charts how science has responded to societal needs and global challenges to highlight the way in which knowledge and technology have been used to benefit society. Particular attention is given to modern concerns, such as climate change, technological unemployment, and social unrest, which are contextualised within the work of the Scottish Enlightenment, Marx, Weber, and Schumpeter. Broader debates, including the relationship between invention and economic development, the alienation of labour, and institutional change, are also considered. This book aims to shed new light on our understanding of science, technology, and innovation by placing them within ideas from the history of economic thought. It will be relevant to students and researchers interested in the history of economic thought and the economics of innovation and technology.ESG Management of the Development of the Green Economy in Central Asia (Environmental Footprints and Eco-design of Products and Processes)
Par Elena Popkova, Bruno Sergi. 2023
This book proposes digitalization as a promising direction for green growth and sustainable development of the economy of Central Asia.…
It reveals the advanced and unique hands-on and case-based experience of Central Asia in ESG management with the involvement of digital technologies and provides practical recommendations on the extension of the use of digital technologies in ESG management of the development of the green economy in Central Asia.This edited volume discusses infrastructural cooperation and industrial cooperation between China and several countries in Africa. In contributions by academics…
and practitioners alike, the book distils the conceptual implications of empirical and ethnographic findings and explores probable future developments in the Africa-China relationship. The chapters deal with numerous countries across the African continent, covering nearly all regions, showcasing the dynamics of China’s relations with different countries while highlighting African agency over major infrastructure projects and industrial activity. Providing an in-depth look at the evolving economic cooperation across these two regions, this volume will appeal to researchers and students of African politics, international relations, area studies, and comparative politics. The book will be of relevance to policymakers in governments, international organizations, and non-governmental organizations involved in policy formulation particularly regarding the Africa-China/China-Africa relationship.Creating Cooperation: How States Develop Human Capital in Europe (Cornell Studies in Political Economy)
Par Pepper Culpepper. 2002
In Creating Cooperation, Pepper D. Culpepper explains the successes and failures of human capital reforms adopted by the French and…
German governments in the 1990s. Employers and employees both stand to gain from corporate investment in worker skills, but uncertainty and mutual distrust among companies doom many policy initiatives to failure. Higher skills benefit society as a whole, so national governments want to foster them. However, business firms often will not invest in training that makes their workers more attractive to other employers, even though they would prefer having better-skilled workers. Culpepper sees in European training programs a challenge typical of contemporary problems of public policy: success increasingly depends on the ability of governments to convince private actors to cooperate with each other. In the United States as in Europe, he argues, policy-makers can achieve this goal only by incorporating the insights of private information into public policy. Culpepper demonstrates that the lessons of decentralized cooperation extend to industrial and environmental policies. In the final chapter, he examines regional innovation programs in the United Kingdom and the clean-up of the Chesapeake Bay in the United States―a domestic problem that required the coordination of disparate agencies and stakeholders.Continuous Discovery Habits: Discover Products That Create Customer Value and Business Value
Par Teresa Torres. 2021
How do you know that you are making a product or service that your customers want? How do you ensure…
that you are improving it over time? How do you guarantee that your team is creating value for your customers in a way that creates value for your business? In this book, you'll learn a structured and sustainable approach to continuous discovery that will help you answer each of these questions, giving you the confidence to act while also preparing you to be wrong. You'll learn to balance action with doubt so that you can get started without being blindsided by what you don't get right. If you want to discover products that customers love-that also deliver business results-this book is for you.Ethnicity and Development explores the impact of ethnic fragmentation on the success or failure of nations and uses case studies…
of Bangladesh and Pakistan to illustrate this. It analyzes the role of institutions in engendering economic and social progress and challenges the New Institutional Economics (NIE) narrative. The book argues that the NIE narrative has some gaps, particularly that it is blind to ethnic fragmentation and therefore does not account for the construction of institutions that can build national cohesion in low- and low-middleincome countries (L/LMICs). It shows that L/LMICs have a different cultural context and that they need to first build national cohesion on a foundation of horizontal – across ethnic groups – and vertical – across classes – equity. The author’s analysis also examines other novel issues, such as the boost that is provided by nations acquiring the right of self-determination. Other novelties are the distinction between prime causes (triggers) for economic development and approaches for economic development. More important for this book is the distinction between natural and constructed nations and the conceptual framework presented to analyze their performance. Finally, the study examines the creation of national cohesion in ethnically diverse nations. Addressing a gap in the literature, this book will be of interest to researchers in development economics, political science and sociology and specialists in comparative politics/political theory with a focus on Area Studies.Monetary Policy and Inflation: Quantity Theory of Money (Routledge Focus on Economics and Finance)
Par Mateusz Machaj. 2024
Recent years have seen a return to high inflation that has sparked debate about the causal role of monetary policy…
in significant price increases, especially in the context of the quantity theory of money. This book builds upon a long-accepted tradition of quantity theory of money in explaining long-run inflation levels. It elucidates how and why – despite its important limitations – the theory can be applied throughout history, including the 2022 spikes in inflation. It also demonstrates how and why the quantity theory, with some internally good reasons, is not part of the modern monetary policy framework. The book argues that firstly, the issue of non-operationability of the money supply is a policy problem, but not a causality problem. Secondly, while some models can work without money, and while a simple deterministic relationship between money base and aggregates may not exist, the author shows that there is still room for quantity theory to be true. Thirdly, perhaps most importantly, as the book shows, the apparent lack of a relationship between the inflation index and money supply with single-digit inflation is a statistical artifact resulting from confounding factors. To conclude, although the quantity theory of money has not been employed in recent Central bank policy, it still holds up surprisingly well in explaining real world phenomena, including the current record inflation levels. The practical significance of this book is to illustrate to researchers and scholars how classical macroeconomic thinking can explain key monetary factors that lead to inflation, but also at the same time show that it is fully compatible with modern macroeconomics and is not just a thing of the past.Neue Wege für die Kultur?: Kommunikationsstrategien und -formate im europäischen Kultursektor
Par Dominik Pietzcker, Christina Vaih-Baur. 2022
Dieses Buch beleuchtet aktuelle Kommunikationsformen europäischer Kulturbetriebe aus wirtschaftlicher, künstlerischer und soziologischer Perspektive. Angebote von Opernhäusern und Theaterspielstätten während der…
Covid-19 Pandemie, digitale Formate von Museen sowie mäzenatische Sponsoringkonzepte für Kultureinrichtungen werden dargestellt, analysiert und im jeweiligen gesellschaftlichen Kontext verortet. Zudem werden Kommunikationskampagnen, insbesondere im digitalen Raum, von etablierten Kulturinstitutionen untersucht und vorgestellt. In Interviews kommen namhafte Repräsentantinnen und Repräsentanten des kulturellen Feldes zu Wort. Ein weiterer Schwerpunkt des Bandes liegt auf der Perspektive von Besucherinnen und Besuchern von Kultureinrichtungen. Was sind ihre Erwartungen, Idiosynkrasien und Einstellungen gegenüber dem kulturellen Angebot? Der Herausgeberband bietet in übersichtlicher Form wissenschaftliche Analysen, Case Studies und Trends im Bereich von Kunst, Kultur und ihrer Kommerzialisierung. Die Einbindung ästhetischer Phänomene der Sub- und Populärkultur rundet den Band ab.Money at Work: On the Job with Priests, Poker Players and Hedge Fund Traders
Par Kevin Delaney. 2012
Financial advisors, poker players, hedge fund traders, fund-raisers, sports agents, credit counselors and commissioned salespeople all deal with one central…
concern in their jobs: money. In Money at Work, Kevin Delaney explores how we think about moneyand, particularly, how our jobs influence that thinking. By spotlighting people for whom money is the focus of their work, Delaney illuminates how the daily practices experienced in different jobs create distinct ways of thinking and talking about money and how occupations and their work cultures carry important symbolic, material, and practical messages about money.Delaney takes us deep inside the cultures of these ‘moneyed’ workers, using both interviews and first-hand observations of many of these occupations. From hedge fund trading rooms in New York, to poker players at work in Las Vegas casinos, to a “Christian money retreat” in a monastery in rural Pennsylvania, Delaney illustrates how the underlying economic conditions of various occupations and careersproduce what he calls “money cultures,” or ways of understanding the meaning of money, which in turn shape one’s economic outlook. Key to this is how some professionals, such as debt counselors, think very differently than say poker players in their regard to money—Delaney argues that it is the structure of these professions themselves that in turn influences monetary attitudes. Fundamentally, Moneyat Work shows that what people do for a living has a profound effect on how people conceive of money both at work and in their home lives, making clear the connections between the economic and the social, shedding light on some of our most basic values. At a time when conversations about money are increasingly important, Delaney shows that we do not merely learn our attitudes toward money in childhood, but we also learn important money lessons from the work that we do.Understanding Financial Crises (Routledge Frontiers of Political Economy)
Par Ensar Yılmaz. 2020
Incorporating a broad range of economic approaches, Understanding Financial Crises explores the merits of various arguments and theories which have…
been used to explain the causes of financial crises. The book explores eight of these different explanations: underconsumption, debt accumulation, financialization, income inequality, financial fragility, tendency of rate of profit to fall, human behavior, and global imbalances. The introduction provides a brief overview of each argument along with a comparison of their relative merits. Each chapter then introduces one of the arguments, explores a historical case, and focuses on the insights that can be gleaned into the global crisis in 2007–2008. The book draws on insights from various schools of thought including post-Keynesian economics, Marxist economics, behavioral economics, neoclassical economics, and more, to provide a pluralist overview of the causes of economic crises in general and the Great Recession in particular. This book marks a significant contribution to the literature on economic and financial crises, political economy and heterodox economics. It is well suited to academicians, practitioners, and financial analysts working within the relevant fields.Environmental and Natural Resource Economics
Par Tom Tietenberg, Lynne Lewis. 2024
Environmental and Natural Resource Economics is one of the most widely used textbooks for environmental economics and natural resource economics…
courses, offering a policy-oriented approach and introducing economic theory and empirical work from the field. Students will develop a global perspective of both environmental and natural resource economics and how they interact. This 12th edition provides updated data, new studies, and more international examples. There is a considerable amount of new material, with a deeper focus on climate change and coverage of COVID-19, social justice, and the circular economy. Key features include: Extensive coverage of major contemporary issues including climate change, water and air pollution, resource allocation, biodiversity protection, sustainable development, and environmental justice. Four chapters specifically devoted to climate economics, including chapters on energy, climate mitigation, carbon pricing, and adaptation to climate change. Introductions to the theory and method of environmental economics, including externalities, benefit-cost analysis, valuation methods, and ecosystem goods and services and updates to the social cost of carbon. New examples and debates throughout the text, highlighting global cases and major talking points. Environmental and Natural Resource Economics supports students with end-of-chapter summaries, discussion questions, exercises, and further reading in the book, and the companion website offers additional learning and teaching resources.“Do we really need yet another book about the financial crisis? Yes, we do—because this one is different….A must-read for…
anyone who wants to understand the mess we’re in.”—Paul Krugman, New York Times Book Review“Fox makes business history thrilling.”—St. Louis Post-DispatchA lively history of ideas, The Myth of the Rational Market by former Time Magazine economics columnist Justin Fox, describes with insight and wit the rise and fall of the world’s most influential investing idea: the efficient markets theory. Both a New York Times bestseller and Notable Book of the Year—longlisted for the Financial Times Business Book of the Year Award and named one of Library Journal Best Business Books of the Year—The Myth of the Rational Market carries readers from the earliest days of Wall Street to the current financial crisis, debunking the long-held myth that the stock market is always right in the process while intelligently exploring the replacement theory of behavioral economics.Money Mischief: Episodes in Monetary History
Par Milton Friedman. 1994
The Nobel Prize–winning economist explains how value is created, and how that affects everything from your paycheck to global markets.…
In this &“lively, enlightening introduction to monetary history&” (Kirkus Reviews), one of the leading figures of the Chicago school of economics that rejected the theories of John Maynard Keynes offers a journey through history to illustrate the importance of understanding monetary economics, and how monetary theory can ignite or deepen inflation. With anecdotes revealing the far-reaching consequences of seemingly minor events—for example, how two obscure Scottish chemists destroyed the presidential prospects of William Jennings Bryan, and how FDR&’s domestic politics helped communism triumph in China—as well as plain-English explanations of what the monetary system in the United States means for your personal finances and for everyone from the small business owner on Main Street to the banker on Wall Street, Money Mischief is an enlightening read from the author of Capitalism and Freedom and Free to Choose, who was called &“the most influential economist of the second half of the twentieth century&” by the Economist.Superpower Showdown: How the Battle Between Trump and Xi Threatens a New Cold War
Par Bob Davis, Lingling Wei. 2020
This is the inside story of the US–China trade war, how relations between these superpowers unraveled, darkening prospects for global…
peace and prosperity, as told by two Wall Street Journal reporters, one based in Washington, D.C., the other in Beijing, who have had more access to the decision makers in the White House and in China’s Zhongnanhai leadership compound than anyone else.The trade battle between China and the U.S. didn’t start with Trump and won’t end with him, argue Bob Davis and Lingling Wei. The two countries have a long and fraught political and economic history which has become more contentious over the past three years—an escalation that has negatively impacted both countries' economies and the world at large—and holds the potential for even more uncertainty and disruption. How did this stand-off happen? How much are U.S. presidents and officials who haven't effectively confronted or negotiated with China to blame? What role have Chinese leaders, and U.S. business leaders who for decades acted as Beijing’s lobbyists in Washington, played in driving tensions between the two countries?Superpower Showdown is the story of a romance gone bad. Uniquely positioned to tell the story, Davis and Wei have conducted hundreds of interviews with government and business officials in both nations over the seven years they have worked together writing for the Wall Street Journal. Analyzing U.S.–China relations, they explain how we have reached this tipping point, and look at where we could be headed. Vivid and provocative, Superpower Showdown will help readers understand the context of the trade war and prepare them for what may come next.Film Festivals and the Enrichment Economy: Cultural Value Chains in a Digital Media Age
Par Alan Shipman, Ann Vogel. 2023
Responding to a question of immense interdisciplinary interest, this book investigates the construction of value in the curation of film…
festivals and production of cultural events undertaken by nonprofit arts organizations around the world. Combining their expertise in economics and sociology, the authors outline a theoretically and methodologically cohesive approach that puts the valuation of cinema right into the middle of global value chain research. It challenges the ways in which the interdisciplinary pursuit of cultural economics has approached cultural value, presenting a thorough analytic inquiry into who produces the value and who seeks rent in the value chain. While offering a fresh approach to cinema and media economics, the book highlights the significant way of nonprofit actor incorporation into value chains and value networks.Man vs. Markets: Economics Explained (Plain and Simple)
Par Paddy Hirsch. 2012
Man Vs. Markets by Paddy Hirsch of NPR’s “Marketplace” is economics explained, pure and simple, for the layperson who wouldn’t…
know a “bond” from an “option,” and who believes that a “future” is when we’ll all have flying cars. Here is an illuminating, insightful, and wonderfully witty journey of discovery through the often confusing financial markets, offering clear, relatable explanations and definitions of the system’s various instruments, yet less simplistically than the popular ...for Dummies series. Man Vs. Markets is a must-read handbook for everyday investors, serious students of finance and economics, and everyone who wants to understand what they’re reading when they open their newspapers to the business section.Reconsidering the Privileged Powers of Banks: Foundations of Sovereign Money, Wealth and Real Capital for Sustainability
Par Kozo Mayumi, Ansel Renner. 2023
This book explores the privileged powers commercial banks hold, namely, their ability to create money out of nothing and then…
have that money grow in tune with a positive interest rate. Said powers defy, in an unnatural sense, the first and second laws of thermodynamics. The necessity of understanding the dual natures of money, wealth, and real capital, or, put differently, the reality that these three entities are simultaneously individual affluence and collective biophysical debt, is emphasized. The book culminates by proposing completely new foundations of money, wealth, and real capital for any society on a pathway of responsible development.Location Theory
Par J. Gabszewicz. 2001
Economic and Social Change in a Midland Town: Victorian Nottingham 1815-1900
Par Roy Church. 2006
This book was first published in 1966. The city of Nottingham grew from the nucleus of a smaller and older…
town to become one of the nation's leading industrial centres, and although it was not a product of the industrial revolution Nottingham was completely transformed by it. For most of the nineteenth century the major activities were the production of hosiery by an industry whose methods, organization, and outlook remained traditional for many decades, and the manufacture of machine-made lace, a progressive and mechanized industry which from its early years featured factory production. This text explores the relationship between the development of power based machinery and the more traditional crafts of the area.Valuing Climate Change: The Economics of the Greenhouse
Par Samuel Fankhauser. 1995
Within only a few years, global warming has emerged from scientific speculation into an environmental threat of worldwide concern. Yet…
the scientific community remains uncertain as to the long-term trends and effects of climate change, and this uncertainty has been seized on as justification for inaction by an international community reluctant to bear the costs of policies to reduce greenhouse gas emissions. Valuing Climate Change presents concrete, economic evidence of the need for action. Fankhauser assesses the costs of a doubling of GHG emissions to be a significant percentage of gross world product; a figure which he then compares to the costs of reducing emissions. In his comparison, he looks at regional as well as global estimates of damage, and takes account of the non-climate change benefits of GHG reductions, such as a switch in the energy sector to cleaner technologies or renewable fuels, and the impacts on transport, with reduced congestion and improved air quality. It is clear that the stakes are high, and Fankhauser believes that tougher targets may be needed than those set out in the Framework Convention on Climate Change. He assesses the optimum policy responses to GHG reduction, the likely instruments for achieving it and the potential for international cooperation in dealing with the problems. This is a major contribution to the rapidly changing debate on global warming.