Showing 265–288 of 327 results
The inside story of the continuing global banking crisis. Written by an award-winning financial journalist, Bad Banks is an unflinching and gripping account of the problems and scandals that continue to bedevil the world’s banking system some five years after the credit crunch. It follows the fortunes and misfortunes of individual banks, from RBS to Lloyds. It exposes instances of misselling, money laundering, interest rate fixing and incompetence. And it considers the bigger picture: how the failings of the world’s banking system are threatening to undermine our future economic security.
Increasingly, endogenous factors and processes are being emphasized as drivers in regional economic development and growth. This 15 chapter book is unique in that it commences by presenting five disciplinary takes on endogenous development from the perspectives of economics, geography, sociology, planning and organizational management. Several chapters demonstrate how researchers have developed operational models to investigate the roles played by endogenous factors in regional economic development, including the role of entrepreneurial rents.
“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.
This book is a compendium of a comprehensive treatise of applied economics published in Italian by Jaca Books in 2007. It includes a number of changes and updates, and a new section on the contradictory relation of capital to nature, intrinsic to the fundamental conflict between capital and labour. The context for the analysis provided of the dynamics of the capitalist development of the forces of production is the global economy, or capitalism as a world system.
This book investigates the tensions between subjectivism and objectivism in the history of economics. The book looks at the works of Adam Smith, Carl Menger, Leon Walras, William Stanley Jevons, Oskar Morgenstern, Ludwig Mises, Piero Sraffa, and so on. The book highlights the diverse subjective and objective elements of their economic theories and suggests a reframing of methodology to better address the core problems of the theories. Contributors of the volume are leading members of the Japan Society of History of Economic Thought who have provided a comprehensive overview on the economics methodology and the related problems.
In responding to the financial crash of 2008, both the Bush Administration and the Obama Administration have relied on prescriptions developed by John Maynard Keynes, the most important economist since Marx. But should we be relying on Keynes? What did Keynes actually say? Did he make his case? Hunter Lewis concludes that he did not. If Keynes was wrong then so are the economic policies of virtually all world governments today.This important book fills a gap in the literature. It is an Austrian critique of Keynes that is concise and accessible to the general reader.K
Capitalism’s Eye is an extremely ambitious cultural history of how people experienced commodities in the era of industrial expansion. Writing against the dominant argument that the ‘society of the spectacle’ emerged fully formed in the mid-nineteenth century, Kevin Hetherington explains that the emergence of a culture of mass consumption dominated by visual experience was a much slower process, not truly ascendant until after the First World War. Looking at the department stores, home life, and the great exhibitions around the turn of the last century, Capitalism’s Eye promises to transform how we understand both the cultural history of capitalism in America and Europe and the historical roots of the mediated spectacle that dominates our world today.
Economics is currently undergoing its most profound change since the 1800s. Instead of seeing the economy as a perfectly ordered, rational system, economists are beginning to see it as an ecology of actions, forecasts, strategies, and technologies that are always changing and adapting. This new vision helps answer questions economics couldn’t answer before. Why does the stock market show moods and a psychology? Why do high-tech markets tend to lock in to the dominance of one or two very large players? How do economies form, and how do they continually alter in structure over time? In the 1980s and 90s, economist and complexity theorist W.
The global economy is entering an era of protracted stagnation, similar to what Japan has experienced for over a decade. That is the message of this brilliant and controversial summary of our current economic predicament from an internationally respected consultant and commentator on financial markets, who predicted the Global Financial Crisis of 2008. The author challenges the assumption that growth can be perpetual and questions the ability of political leaders to enact the tough structural changes needed.
It is widely recognised that the foreign aid system – which today involves every country in the world – is in need of drastic change. But there are conflicting opinions as to what is needed. Some call for dramatic increases in resources, to meet long-overdue commitments, and to scale up what is already being done around the world. Others point to the flaws in aid, and bang the drum for cutting it altogether – and argue that the fate of poor and vulnerable people be best placed in the hands of markets and the private sector.
The 2008 financial crisis was the worst since the Great Depression and many voices argued that it would transform global financial governance. Analysts anticipated a "Bretton Woods moment", referring to the 1944 conference that established the postwar international financial order. Widespread expectations of change were then reinforced by the creation of the G20 leaders’ forum, extensive debates about the dollar’s global role, the launching of international financial regulatory reforms, and the establishment of the Financial Stability Board.B
Industrial Organization is a central branch of microeconomics that has historically provoked a great deal of debate among economists. Steve Martin draws on this debate and economic history in order to examine the economics of markets, industries and their participants and in doing so addresses the implications for public policy towards business behaviour. Industrial Organization in Context leads students through the essential concepts that are central to understanding the strategic behaviour of firms and the policy questions at the heart of Industrial Organization.
The Handbook of Experimental Economic Methodology, edited by Guillaume R. Fréchette and Andrew Schotter, aims to confront and debate the issues faced by the growing field of experimental economics. For example, as experimental work attempts to test theory, it raises questions about the proper relationship between theory and experiments. As experimental results are used to inform policy, the utility of these results outside the lab is questioned, and finally, as experimental economics tries to integrate ideas from other disciplines like psychology and neuroscience, the question of their proper place in the discipline of economics becomes less clear.
This book contains papers written by some of the most accomplished scholars working at the intersection of experimental, behavioral, and theoretical economics talking about methodology.
It is divided into four sections, each of which features a set of papers and a set of comments on those papers. The intention of the volume is to offer a place where ideas about methodology could be discussed and even argued. Some of the papers are contentious―-a healthy sign of a dynamic discipline―-while others lay out a vision for how the authors think experimental economics should be pursued.
This exciting and illuminating collection of papers brings light to a topic at the core of experimental economics. Researchers from a broad range of fields will benefit from the exploration of these important questions.
This book provides a complete and powerful overview of what the idea of development has meant. Rist traces it from its origins in the Western view of history, through the early stages of the world system, the rise of U.S. hegemony, the supposed triumph of the third world, through to new concerns about the environment and globalization. In two completely new chapters on the Millennium Development Goals and post-development thinking, Rist brings the book completely up to date. Throughout, he argues that development has been no more than a collective delusion, which in reality has only resulted in widening market relations.
Modern economics bases its view of the world on assumptions about nature and people laid down by Adam Smith, nearly 300 years ago, in a time when people traveled by horse and carriage and wrote by the light of candles. We now live in a globally connected, postindustrial world of digital communication and space exploration—and yet, our economic model remains stuck in the past. In Fair Economics, Irene Schoene puts forward an alternative economics that is not only relevant to our modern world of technology and industry but which also shows an awareness of environmental and geographic considerations.
Happy City is the story of how the solutions to this century’s problems lie in unlocking the secrets to great city living. This is going to be the century of the city. But what actually makes a good city? Why are some cities a joy to live in? As Charles Montgomery reveals, it’s not how much money your neighbours earn, or how pleasant the climate is that makes the most difference. Journeying to dozens of cities – from Atlanta to Bogota to Vancouver – he talks to the new champions of the happy city to explore the urban innovations already transforming people’s lives.
When John Nash won the Nobel prize in economics in 1994, many people were surprised to learn that he was alive and well. Since then, Sylvia Nasar’s celebrated biography A Beautiful Mind, the basis of a new major motion picture, has revealed the man.
The quality of life of millions of people living in cities could be improved if the form of the city were to evolve in a manner appropriate to its climatic context. Climatically responsive urban design is vital to any notion of sustainability: it enables individual buildings to make use of renewable energy sources for passive heating and cooling, it enhances pedestrian comfort and activity in outdoor spaces, and it may even encourage city dwellers to moderate their dependence on private vehicles.
As cities are rapidly expanding and encroaching into agricultural and natural areas, a question of primary concern is how this expansion affects surrounding agriculture and natural landscapes. This book presents a wide spectrum of both theoretical and empirical approaches to simulation and assessment of landscape dynamics. The first part presents state-of-the-art modelling approaches pertaining to land-use changes entailed by the urban sprawl, at different spatial resolutions and temporal time scales.
Why do so many people fail at investing, while a stellar handful consistently make money, year after year? The answer is quite simple. People fail at investing for two very straightforward reasons: 1. they don’t know why they are investing, and 2. they don’t know how to invest.
The NASDAQ has reached a record 60 new highs in 1999, closing above the 4000 milestone. This record was the icing on the cake to a year of volatile victories for the NASDAQ, which experienced the largest one-year gain ever for a major market index. Momentum has never been more important. For example, the first day of tradingin 2000 saw the NASDAQ dropping close to 100 points before finishing the day with a significant gain, yet on the second day of trading, the NASDAQ experienced its worst point drop in history.
Labor Economics, Sixth Edition by George J. Borjas provides a modern introduction to labor economics, emphasizing both theory and empirical evidence. The book uses many examples drawn from state-of-the-art studies in labor economics literature. The author introduces, through examples, methodological techniques that are commonly used in labor economics to empirically test various aspects of the theory.
Empirical Studies on Volatility in International Stock Markets describes the existing techniques for the measurement and estimation of volatility in international stock markets with emphasis on the SV model and its empirical application. Eugenie Hol develops various extensions of the SV model, which allow for additional variables in both the mean and the variance equation. In addition, the forecasting performance of SV models is compared not only to that of the well-established GARCH model but also to implied volatility and so-called realised volatility models which are based on intraday volatility measures.T
One cannot exaggerate the importance of estimating how international trade responds to changes in income and prices. But there is a tension between whether one should use models that fit the data but that contradict certain aspects of the underlying theory or models that fit the theory but contradict certain aspects of the data. The essays in Estimating Trade Elasticities book offer one practical approach to deal with this tension. The analysis starts with the practical implications of optimising behaviour for estimation and it follows with a re-examination of the puzzling income elasticity for US imports that three decades of studies have not resolved.
Showing 265–288 of 327 results