Michael Krugman's Books

The Idea of History in Constructing Economics

By: Michael H. Turk

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The Idea of History in Constructing Economics

By: Michael H. Turk

How scientific is economics? This question has often been framed by analogies and correspondences made between economics and other, seemingly more well-established scientific disciplines, starting with classical mechanics. At the same time economics is likely to be seen in opposition to or in contrast with history, where the reliance upon generalizing rules, thought experiments, and model construction in economics is set against the amassing of particular facts intended to create narratives in history. In this new volume, Turk explores the relationship between economics and history, including the often fraught one between economics and economic history, making the case that economics does in fact require the proper grounding in history that has so often been ignored. This work challenges the attempt to link economics with other, more clearly ‘scientific’ disciplines as flawed and fundamentally wrongheaded. A key element of this book is its examination of the gaps and associations that exist in, or are seen through, linkages with thermodynamics, classical mechanics , biology, literature, mathematics, philosophy, and sociology. This exploration is frequently undertaken through study of the work of one or more major figures in the history of economic thought, ranging from Quesnay and Smith, through Walras and Max Weber, to Robinson, Krugman, David, and Arthur. Through the possibility of an alternative to the gaps noted in each such comparison, the underlying, necessary connection between economics and history can be brought out. The book concludes by exploring the basis for the positive construction of a historical economics. This book is suited for those who study history of economic thought and philosophy of economics.

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250

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Routledge

Published Date

ISBN 10

1317611934

ISBN 13

9781317611936

Export Dynamics and Economic Growth in Latin America

A Comparative Perspective

By: Sheila A Gutierrez de Pineres,Michael J Ferrantino

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Export Dynamics and Economic Growth in Latin America

A Comparative Perspective

By: Sheila A Gutierrez de Pineres,Michael J Ferrantino

This title was first published in 2000: This text aims to be essential reading for anyone who wishes to understand the microeconomic foundations behind the Latin American export boom, the ways in which government policies affecting exports may retard or promote economic growth, and the future prospects of the proposed Free Trade Association of the Americas. The authors conduct an econometric analysis which uses measures of export diversification, structural change in exports, and exports similarity which provide a basis for region-wide comparisons. The cases of Chile, Colombia, Mexico and Venezuela are analyzed in particular detail. Cross-country analysis focuses on the potential role of export diversification in promoting economic growth, in the context of other important determinants of growth.

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188

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Routledge

Published Date

ISBN 10

1351786016

ISBN 13

9781351786010

European Monetary Union

Theory, Evidence, and Policy

By: Michael Carlberg

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European Monetary Union

Theory, Evidence, and Policy

By: Michael Carlberg

This book explores the new macroeconomics of the European Monetary Union. It carefully discusses the effects of shocks and policy measures on em ployment, prices, and the current account. Take for instance a shock or a policy measure in a specific union country. Then what will be the results in the specific country, in the other union countries, and in the rest of the world? The targets of economic policy are full employment and price stability in each of the union of economic policy are monetary policy by the Euro countries. The instruments pean Central Bank and fiscal policies by national governments. What is the appropriate policy mix? A salient feature of this book is the numerical estimation of shock and policy multipliers. Money wages are fixed, flexible or downward rigid. The monetary union can be small or large. I had many helpful talks with Gerd Focke, Daphni-Marina Papadopoulou, Franco Reither, Wolf Schafer, Christine Schafer-Lochte, and Michael Schmid. In addition, Michael Brauninger and Michael Cyrus carefully discussed with me all parts of the manuscript. Last but not least, Doris Ehrich did the secretarial work as excellently as ever. I wish to thank all of them. Executive Summary 1) Small monetary union of two identical countries, say Gennany and France. The monetary union is a small open economy with perfect capital mobili ty. Let us begin with fiscal policy.

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254

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Springer Science & Business Media

Published Date

ISBN 10

3642866522

ISBN 13

9783642866524

US-China Relations in the Twenty-First Century

A Question of Trust

By: Michael Tai

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US-China Relations in the Twenty-First Century

A Question of Trust

By: Michael Tai

The relationship between the United States and China will be of critical importance to the world throughout the twenty-first century. In the West China’s rise is often portrayed as a threat and China seen in negative terms. This book explores the dynamics of this crucial relationship. It looks in particular at what causes an international relationship to be perceived negatively, and considers what can be done to reverse this, arguing that trust is a key factor. It goes on to discuss US and Chinese rhetoric and behaviour in three key areas – climate change, finance, and international security. The book contends that, contrary to much US rhetoric, China’s actions in these areas is often much more flexible and accommodating than the US position, and that the Chinese are much more knowledgeable about, and understanding and appreciative of, the United States than vice versa.

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224

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Routledge

Published Date

ISBN 10

1317502280

ISBN 13

9781317502289

Discussing Economics

A Classroom Guide to Preparing Discussion Questions and Leading Discussion

By: Michael K. Salemi,W. Lee Hansen

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Discussing Economics

A Classroom Guide to Preparing Discussion Questions and Leading Discussion

By: Michael K. Salemi,W. Lee Hansen

Teaching economics is the most important job that economists do. Thus it is nice to see a book devoted to teaching written by two economists who have played an important role in advancing the teaching of economics throughout the profession.' - David Colander, Journal of Economic Methodology

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344

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Edward Elgar Publishing

Published Date

ISBN 10

1781958475

ISBN 13

9781781958476

Zero Interest Policy and the New Abnormal

A Critique

By: Michael Beenstock

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Zero Interest Policy and the New Abnormal

A Critique

By: Michael Beenstock

In the 'New Normal' central banks set their interest rate to zero and print money through massive quantitative easing, while finance ministries run huge fiscal deficits. Yet inflation remains minimal. Zero Interest Policy and the New Abnormal explains why. It also explains why the New Normal is really the New Abnormal, and why it can't last. This study traces the academic roots of the New Abnormal to a conceptual confusion about the 'natural rates of interest', and postmodernism in macroeconomics, exemplified by the DSGE (dynamic stochastic general equilibrium) movement. It develops a theory of 'existential risk' which is concerned with the collapse of political economies such the Bretton Woods system and the New Abnormal. The book demonstrates that existential risk expresses itself in the growing gap between the natural rate of interest, measured by the rate of return on capital, and the real rate of interest, as well as in the development of cryptocurrencies. Beenstock develops a theory of 'kinetic inflation' based on Keynes' liquidity trap, which accounts for the absence of inflation in the New Abnormal, and predicts its outbreak when zero interest policy ends. He also explores the adverse social consequences of the New Abnormal for fertility, pensions, house prices, economic inequality, and intergenerational equity and establishes a causal link from the New Abnormal to Covid-19 mitigation policy, and from the latter to the intensification of the New Abnormal. Finally, it assesses the prospects for ending the New Abnormal, and an orderly return to the Old Normal. The alternative is to crash-out of the New Abnormal chaotically.

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401

Publisher

Oxford University Press

Published Date

ISBN 10

0192666428

ISBN 13

9780192666420

Agonies of Empire

American Power from Clinton to Biden

By: Michael Cox

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Agonies of Empire

American Power from Clinton to Biden

By: Michael Cox

Michael Cox outlines the ways in which five American Presidents from Clinton to Biden have addressed their predecessors' legacies while dealing with an empire under increasing stress. He sets out a critical framework for US foreign policy, the US’s relationship with its enemies and rivals, and whether it is now in long term decline.

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202

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Policy Press

Published Date

ISBN 10

1529221536

ISBN 13

9781529221534

Jean Vanier

Logician of the Heart

By: Michael W. Higgins

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Jean Vanier

Logician of the Heart

By: Michael W. Higgins

Winner of the 2015 Templeton Prize and numerous other international and prestigious honors, Jean Vanier lives a radical poverty of surrender in a time of fanatical acquisitiveness, economic disparity, and mounting bellicosity among nations. He is a philosopher of the heart, icon of wholeness, and justice activist. Through such key notions as trust, community, relationship, and humility, Vanier has built up a network of service and nurturing growth spanning the globe: the L'Arche Movement. He has advocated for peace in a world that treasures its violence, written extensively about the very meaning of human personhood, and championed sensitivity to the diverse spiritual traditions that make up our world. His remarkable life has included rich friendships with Blessed Mother Teresa, St. John Paul II and Henri Nouwen. Jean Vanier is a man of complexity and formal philosophical training, a scion of a family of national pedigree, and one of the seminal religious and inspirational figures of our time. In this volume, Michael Higgins focuses on Vanier’s many interconnections—personal and conceptual—with the mighty and the humble, the pious and the secular, as well as the young and the seasoned. People of God is a series of inspiring biographies for the general reader. Each volume offers a compelling and honest narrative of the life of an important twentieth or twenty-first century Catholic. Some living and some now deceased, each of these women and men has known challenges and weaknesses familiar to most of us but responded to them in ways that call us to our own forms of heroism. Each offers a credible and concrete witness of faith, hope, and love to people of our own day.

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136

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Liturgical Press

Published Date

ISBN 10

0814637353

ISBN 13

9780814637357

One Market, One Money

An Evaluation of the Potential Benefits and Costs of Forming an Economic and Monetary Union

By: Michael Emerson

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One Market, One Money

An Evaluation of the Potential Benefits and Costs of Forming an Economic and Monetary Union

By: Michael Emerson

The European Community is negotiating a new treaty to establish the constitutional foundations of an economic and monetary union in the course of the 1990s. This study provides the only comprehensive guide to the economic implications of economic and monetary union. The work of an economist inside the Commission of the European Community, it reflects the considerations influencing the design of the union. The study creates a unique bridge between the insights of modern economic analysis and the work of the policy makers preparing for economic and monetary union.

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356

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ISBN 10

0198773242

ISBN 13

9780198773245

Principles of Macroeconomics

Activist vs. Austerity Policies

By: Howard J. Sherman,Michael A. Meeropol,Paul D. Sherman

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Principles of Macroeconomics

Activist vs. Austerity Policies

By: Howard J. Sherman,Michael A. Meeropol,Paul D. Sherman

In the years since 2007 the U.S. economy has endured a severe financial crisis, a Great Recession, and continuing heavy unemployment. These events have led to increasing discontent among many people contributing to a substantial vote for Bernie Sanders and the election of Donald Trump. Meanwhile, Europe has witnessed the rise of nationalist parties and Brexit. In the face of these problems and events, economics must change. Principles of Macroeconomics: Activist vs. Austerity Policies provides an antidote to the standard macro texts offering multiple points of view instead of one standard line, a fact-based focus on the causes and cures of instability in economics, and an examination of inequality in the United States. Readers are introduced to both the Classical view, which takes the conservative approach and argues for an austerity program to reduce the size of the government; and the Progressive view, which argues for government intervention to create a strong recovery. These ideas are applied to all the key macroeconomic topics including economic growth, business cycles, and monetary policy. Using the methodology of Wesley Mitchell and drawing on the work of Keynes, the authors also explore topics such as unemployment, the human cost of economic crashes, increasing inequality of income, and the history of capitalism. This second edition includes new material on the Obama recovery, the crisis in the Eurozone, the rise of populism, and the current state of healthcare, education, and environmental issues in America to bring the text fully up to date. It will be of great interest to undergraduate students and particularly those studying the economics of the United States.

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362

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Routledge

Published Date

ISBN 10

135123210X

ISBN 13

9781351232104

China Constructing Capitalism

Economic Life and Urban Change

By: Michael Keith,Scott Lash,Jakob Arnoldi,Tyler Rooker

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China Constructing Capitalism

Economic Life and Urban Change

By: Michael Keith,Scott Lash,Jakob Arnoldi,Tyler Rooker

China has been growing at over ten per cent annually since 1978, but this has only come to very widespread notice in the past decade. This received wisdom about China has been largely of two types, both of which – more or less – understand China in the context of neoliberalism. The more business- or business studies-oriented literature seems to argue that if China does not adapt the rule of clear and distinct property and contract law – in short, of Western institutions – its economy will stall. The second set of voices is more clearly from the left, arguing that the Chinese economy, and city, is neo-liberal. For them, China does not diverge widely from the Anglo-American model that, from 2008, has brought the world economy to its knees. China Constructing Capitalism takes issue with these analyses. The authors argue that it is not Western neo-liberalism that is constructing the Chinese economy, but instead that China is constructing its own version of capitalism. The two central theses of their argument are: economic life – neo-liberal economic life is individualized and disembedded, while the China model is relational and situated urban change – China has created a form of ‘local state capitalism’ which stands in contrast to neoliberal versions of the city. This book analyses China as a 'risk culture', examining among others Chinese firms and political ties, property development, migrant urbanisms and share trading rooms. It scrutinises the ever-present shadow of the risk-averse (yet uncertainty-creating) state. China Constructing Capitalism is a must-read for social scientists, policy makers and investors.

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375

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Routledge

Published Date

ISBN 10

1134004516

ISBN 13

9781134004515

Europe's Experimental Union

Rethinking Integration

By: Brigid Laffan,Rory O' Donnell,Michael Smith

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Europe's Experimental Union

Rethinking Integration

By: Brigid Laffan,Rory O' Donnell,Michael Smith

Europe's Experimental Union challenges conventional writings on European integration by situating the analysis of the EU in the context of changing patterns of political and economic order. The authors conclude that the union is not evolving towards a federal superstate, but rather, is an arena of deep economic integration governed by a prismatic polity characterised by innovation, experimentation, pragmatism, decentralisation and devolution. Although it may seem unsettleed, this book reveals that in fact the experimental nature of the EU enablwes it to respond to multiple agendas and Europe's diversity in a flexible manner.

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252

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Routledge

Published Date

ISBN 10

1135092036

ISBN 13

9781135092030

iDisrupted

By: Michael Baxter

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iDisrupted

By: Michael Baxter

iDisrupted changing the human race forever Technology is set to transform the world. Its likely impact is both terrifying and incredibly exciting. We all need to understand the great changes that are just beginning to re-shape the human domain and our daily lives. Then we need to draw up plans. There are few challenges more important. This book is for: People who want a job in ten years' time. Employers who want to hire the right talent for the future. Students of business and business professionals who want to understand how technology will transform the commercial world. Business leaders and shareholders who want the business they run or own to flourish, and not get swept away. Investors endeavouring to understand the possible impact of new technology and to place the right bets. Policy makers needing to understand the potentially devastating impact of tech-economics and tech-politics to make the right decision for their country. And above all, those of us who care about the future of the human race. Technologies to watch: Robotics, internet of things, technologies for the promotion of a sharing economy, artificial intelligence, 3D printing, stem cell research, genome sequencing, energy storage, lasers, solar power, new materials, virtual reality, nanotechnology, brain interfaces to computers, and above al else the internet, mixed with computers following the evolutionary trajectory described by Moore's Law.

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278

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New Generation Publishing

Published Date

ISBN 10

1785070746

ISBN 13

9781785070747

Navigating the News

A Political Media User's Guide

By: Michael K. Baranowski

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Navigating the News

A Political Media User's Guide

By: Michael K. Baranowski

This is the book for anyone who aspires to the title "informed citizen." It clearly explains how political news works, how the media influences readers—and how to sort through it all to be a better, smarter consumer of political news. In a perfect world, political news would be objective and fact-based. Instead, it is biased and unreliable. This engaging book was written to help readers master the media. Combining insight and humor, it exposes the bias, irrationality, bad arguments, and misleading numbers that abound in political media. It shows readers how to take advantage of available news sources, and it guides them in developing the skills needed to sort through the flood of hype and misinformation. Specifically, the book examines types of political media and why it matters whether one gets political news from television, radio, newspapers, or the Internet, including social media. It discusses the latest developments in political behavior, economics, media studies, and neuroscience to explain why the political media does what it does to systematically distort consumers' view of politics—and it looks at ways consumers tend to be irrational in choosing and interpreting news. Finally, it offers concrete suggestions that will enable readers to become more critical of what they read, see, and hear.

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190

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Bloomsbury Publishing USA

Published Date

ISBN 13

9798216122029

The Volatility Machine

Emerging Economics and the Threat of Financial Collapse

By: Michael Pettis

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The Volatility Machine

Emerging Economics and the Threat of Financial Collapse

By: Michael Pettis

This book presents a radically different argument for what has caused, and likely will continue to cause, the collapse of emerging market economies. Pettis combines the insights of economic history, economic theory, and finance theory into a comprehensive model for understanding sovereign liability management and the causes of financial crises. He examines recent financial crises in emerging market countries along with the history of international lending since the 1820s to argue that the process of international lending is driven primarily by external events and not by local politics and/or economic policies. He draws out the corporate finance implications of this approach to argue that most of the current analyses of the recent financial crises suffered by Latin America, Asia, and Russia have largely missed the point. He then develops a sovereign finance model, analogous to corporate finance, to understand the capital structure needs of emerging market countries. Using this model, he finally puts into perspective the recent crises, a new sovereign liability management theory, the implications of the model for sovereign debt restructurings, and the new financial architecture. Bridging the gap between finance specialists and traders, on the one hand, and economists and policy-makers on the other, The Volatility Machine is critical reading for anyone interested in where the international economy is going over the next several years.

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266

Publisher

Oxford University Press

Published Date

ISBN 10

0199881715

ISBN 13

9780199881710

Beyond Mechanical Markets

Asset Price Swings, Risk, and the Role of the State

By: Roman Frydman,Michael D. Goldberg

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Beyond Mechanical Markets

Asset Price Swings, Risk, and the Role of the State

By: Roman Frydman,Michael D. Goldberg

A powerful challenge to contemporary economics and a new agenda for global finance In the wake of the global financial crisis that began in 2007, faith in the rationality of markets has lost ground to a new faith in their irrationality. The problem, Roman Frydman and Michael Goldberg argue, is that both the rational and behavioral theories of the market rest on the same fatal assumption—that markets act mechanically and economic change is fully predictable. In Beyond Mechanical Markets, Frydman and Goldberg show how the failure to abandon this assumption hinders our understanding of how markets work, why price swings help allocate capital to worthy companies, and what role government can and can't play. The financial crisis, Frydman and Goldberg argue, was made more likely, if not inevitable, by contemporary economic theory, yet its core tenets remain unchanged today. In response, the authors show how imperfect knowledge economics, an approach they pioneered, provides a better understanding of markets and the financial crisis. Frydman and Goldberg deliver a withering critique of the widely accepted view that the boom in equity prices that ended in 2007 was a bubble fueled by herd psychology. They argue, instead, that price swings are driven by individuals' ever-imperfect interpretations of the significance of economic fundamentals for future prices and risk. Because swings are at the heart of a dynamic economy, reforms should aim only to curb their excesses. Showing why we are being dangerously led astray by thinking of markets as predictably rational or irrational, Beyond Mechanical Markets presents a powerful challenge to conventional economic wisdom that we can't afford to ignore.

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304

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Princeton University Press

Published Date

ISBN 10

1400838185

ISBN 13

9781400838189

The Political Economy of Competitiveness

Corporate Performance and Public Policy

By: Michael Kitson,Jonathan Michie

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The Political Economy of Competitiveness

Corporate Performance and Public Policy

By: Michael Kitson,Jonathan Michie

The Political Economy of Competitiveness offers an original perspective on the relationship between economic theory and policy. It places the issues within an accessible political economy perspective. Rejecting the narrowness of mainstream economics the authors deploy an interdisciplinary approach to the problem of economic growth, placing it in its historical and political context. Issues covered include: * trade theory and policy * industrial decline and policy * markets, competition and innovation * globalisation, unemployment and government policy. The book provides a valuable guide to the major economic policy issues for both economists and business students.

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218

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Routledge

Published Date

ISBN 10

1136294872

ISBN 13

9781136294877

The Persuasion Handbook

Developments in Theory and Practice

By: James Price Dillard,Michael Pfau

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The Persuasion Handbook

Developments in Theory and Practice

By: James Price Dillard,Michael Pfau

The Persuasion Handbook provides readers with cogent, comprehensive summaries of research in a wide range of areas related to persuasion. From a topical standpoint, this handbook takes an interdisciplinary approach, covering issues of interest to interpersonal and mass communication researchers as well as psychologists and public health practitioners. Persuasion is presented in this volume on a micro to macro continuum, moving from chapters on cognitive processes, the individual, and theories of persuasion to chapters highlighting broader social factors and phenomena related to persuasion, such as social context and larger scale persuasive campaigns. Each chapter identifies key challenges to the area and lays out research strategies for addressing those challenges.

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897

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SAGE Publications

Published Date

ISBN 10

1452261598

ISBN 13

9781452261591

Going Local

Creating Self-Reliant Communities in a Global Age

By: Michael Shuman

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Going Local

Creating Self-Reliant Communities in a Global Age

By: Michael Shuman

National drug chains squeeze local pharmacies out of business, while corporate downsizing ships jobs overseas. All across America, communities large and small are losing control of their economies to outside interests. Going Local shows how some cities and towns are fighting back. Refusing to be overcome by Wal-Marts and layoffs, they are taking over abandoned factories, switching to local produce and manufactured goods, and pushing banks to loan money to local citizens. Shuman details how dozens of communities are recapturing their own economies with these new strategies, investing not in outsiders but in locally owned businesses.

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300

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Routledge

Published Date

ISBN 10

113678232X

ISBN 13

9781136782329

The Long Depression

Marxism and the Global Crisis of Capitalism

By: Michael Roberts

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The Long Depression

Marxism and the Global Crisis of Capitalism

By: Michael Roberts

Setting out from an unapologetic Marxist perspective, The Long Depression argues that the global economy remains in the throes of a depression. Making the case that the profitability of capital is too low, and the debt built up before the Great Recession too high, leading radical economist Michael Roberts persuasively presents his case that this depression will persist until the profitability of capital is restored through yet another slump.

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362

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Haymarket Books

Published Date

ISBN 10

1608465071

ISBN 13

9781608465071

Obama's Legacy

What He Accomplished as President

By: Michael I. Days

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Obama's Legacy

What He Accomplished as President

By: Michael I. Days

As President Obama's time in the White House draws to a close, this celebratory book documents his transformative accomplishments. Evidence indicates President Barack Obama has been tremendously successful and effective by objective measures. On economic indicators alone, he is credited with the longest streak of job growth in U.S. history, a two-thirds reduction in the federal budget deficit, and the rebounding of the stock market to record highs following the record lows of the recession under his predecessor. His victories have come against a backdrop of criticism and sometimes open defiance from conservatives, lack of cooperation in Congress, and racially tinged commentary in traditional and social media. Through it all, the President who campaigned on a slogan of 'Yes, We Can!' has persevered in his determination to make a difference and left an indelible mark on American politics and the world. Legacy is a commemoration of his eight years in the White House.

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281

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Center Street

Published Date

ISBN 10

1455596612

ISBN 13

9781455596614

Institutional Change in Transition Economies

By: Michael Cuddy

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Institutional Change in Transition Economies

By: Michael Cuddy

This title was first published in 2002.The importance of institutions for transition economies has so far been overlooked; Michael Cuddy and Ruvin Gekker bring together leading experts in the field to fill this crucial void in the literature. The contributors concentrate on an ongoing tension between informal constraints and mechanisms and the new formal rules and mechanisms that have gradually evolved through the transition period. Experiences are primarily drawn from Russia. The book consists of three parts, the first comprising an analysis, synthesis and generalizations of the institutional adaptations, as a market economy slowly emerges from a fog of shifting rules and varying interpretations. This is followed by the study of business and taxation authorities’ behavior as they try to minimize or maximize the taxation take. The volume also analyzes the challenges facing central and regional governments in delivering equitable levels of public services across regions of vastly different development levels, while at the same time trying to stimulate regional economic growth.

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200

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Routledge

Published Date

ISBN 10

1351742639

ISBN 13

9781351742634

Keys to the City

How Economics, Institutions, Social Interaction, and Politics Shape Development

By: Michael Storper

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Keys to the City

How Economics, Institutions, Social Interaction, and Politics Shape Development

By: Michael Storper

Why do some cities grow economically while others decline? Why do some show sustained economic performance while others cycle up and down? In Keys to the City, Michael Storper, one of the world's leading economic geographers, looks at why we should consider economic development issues within a regional context--at the level of the city-region--and why city economies develop unequally. Storper identifies four contexts that shape urban economic development: economic, institutional, innovational and interactional, and political. The book explores how these contexts operate and how they interact, leading to developmental success in some regions and failure in others. Demonstrating that the global economy is increasingly driven by its major cities, the keys to the city are the keys to global development. In his conclusion, Storper specifies eight rules of economic development targeted at policymakers. Keys to the City explains why economists, sociologists, and political scientists should take geography seriously.

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288

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Princeton University Press

Published Date

ISBN 10

0691202958

ISBN 13

9780691202952

The Networked Firm in a Global World

Small Firms in New Environments

By: Eirik Vatne,Michael Taylor

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The Networked Firm in a Global World

Small Firms in New Environments

By: Eirik Vatne,Michael Taylor

This title was first published in 2000. Illustrated by a wide range of international case studies, this volume elaborates, extends and critiques one of the key models of local growth, which emphasizes learning, networking and 'embeddedness' in relation to the role of small and medium-sized firms (SMEs). In doing so, it provides a comprehensive understanding of the changing role of SMEs in an era of globalization.

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348

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Routledge

Published Date

ISBN 10

1351726722

ISBN 13

9781351726726

Policy Failures and the Irish Economic Crisis

By: Ciarán Michael Casey

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Policy Failures and the Irish Economic Crisis

By: Ciarán Michael Casey

This book seeks to understand why almost all commentators on the Irish economy were unprepared for the scale of the recent economic crisis. It analyses the public contributions from a broad range of observers, including domestic and international agencies, academics, the newspapers and politicians. This approach gives new insights into the analytical and institutional shortfalls that inhibited observers from recognising the degree of the risk. The book demonstrates that most commentators were either impeded in what they could say, or else lacked the expertise to challenge the prevailing view. The findings have significant implications for a broad range of institutions, particularly the media and the Oireachtas (the Irish Parliament).

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268

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Springer

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ISBN 10

3319901826

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9783319901824

Economics and Development Studies

By: Michael Tribe,Frederick Nixson,Andy Sumner

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Economics and Development Studies

By: Michael Tribe,Frederick Nixson,Andy Sumner

Development studies textbooks and courses have sometimes tended to avoid significant economic content. However, without an understanding of the economic aspects of international development many of the more complex issues cannot be fully comprehended. Economics and Development Studies makes the economic dimension of discourse around controversial issues in international development accessible to second and third year undergraduate students working towards degrees in development studies. Following an introductory chapter outlining the connections between development economics and development studies, this book consists of eight substantive chapters dealing with the nature of development economics, economic growth and structural change, economic growth and developing countries, economic growth and economic development since 1960, the global economy and the Third World, developing countries and international trade, economics and development policy, and poverty, equality and development economists, with a tenth concluding chapter. This book synthesizes existing development economics literature in order to identify the salient issues and controversies and make them accessible and understandable. The concern is to distinguish differences within the economics profession, and between economists and non-economists, so that the reader can make informed judgments about the sources of these differences, and about their impact on policy analysis and policy advice. The book features explanatory text boxes, tables and diagrams, suggestions for further reading, and a listing of the economic concepts used in the chapters.

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397

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Routledge

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ISBN 10

1136938737

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9781136938733

Economic Globalisation as Religious War

Tragic Convergence

By: Michael McKinley

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Economic Globalisation as Religious War

Tragic Convergence

By: Michael McKinley

Using a critical theory approach to analyze the globalization of the world economy, this provocative and topical new book presents economic globalization not as a recent development, but rather as a familiar process that has occurred throughout history. Michael McKinley argues that it is ultimately a self-serving, arbitrary and destructive imperial project that should be viewed as a religious war.

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345

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Routledge

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1134319665

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9781134319664

The Insomnia Solution

The Natural, Drug-Free Way to a Good Night's Sleep

By: Michael Krugman

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The Insomnia Solution

The Natural, Drug-Free Way to a Good Night's Sleep

By: Michael Krugman

Discover the holistic, drug-free program to treat insomnia that really works—a much needed solution for the millions of people who suffer from it. The Insomnia Solution is the answer millions of Americans have been waiting for -- a holistic, natural, drug-free, practical, user-friendly guide to falling, and staying, asleep. In Krugman's revolutionary book, he makes readers realize that insomnia is not just a nighttime affliction, but rather a 24 hour-a-day condition. It's almost always associated with stress that we experience during the day. Krugman's incredibly effective Sounder Sleep System assists readers in creating thier own personalized sleep-assistance program, featuring a combination of 18 mini-moves, designed to induce relaxation, reduce stress, and ensure sound sleep.

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130

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Grand Central Publishing

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ISBN 10

0446561533

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9780446561532

Hell to Pay

How the Suppression of Wages Is Destroying America

By: Michael Lind

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Hell to Pay

How the Suppression of Wages Is Destroying America

By: Michael Lind

From one of America’s leading thinkers, a provocative diagnosis of the cause of America’s decline—and a searing indictment of those who caused it For nearly half a century, Americans have been bombarded by neoliberal propaganda promoting the lie that wages are objectively determined by impersonal labor markets. This falsehood has been repeated by academics, journalists, business leaders, and politicians so often that even many on the liberal left and the populist right believe it. In Hell to Pay, Michael Lind, author of The New Class War, debunks this lie. With brutal clarity, he tells the story of how bipartisan political and business interests united to smash the bargaining power of American workers and reduce wages. And with devastating insight he demonstrates that their success has indirectly caused or worsened nearly every symptom of American decline, from the increase in political polarization to the declining birth rate. Calling for a revolution in the way we think about work and wages, Lind argues that the American republic will collapse if worker power is not restored. Fortunately, Hell to Pay doesn’t just sound the alarm but also offers a plan for breaking the power of the neoliberal elite and reforming America’s disastrous low-wage/high-welfare model—before it’s too late.

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241

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Penguin

Published Date

ISBN 10

0593421256

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9780593421253

Policy Coordination in a Monetary Union

By: Michael Carlberg

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Policy Coordination in a Monetary Union

By: Michael Carlberg

A comprehensive study of the international coordination of economic policy in a monetary union. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on competition between the union central bank, the German government, and the French government. Similarly, as to policy cooperation, the focus is on cooperation between the union central bank, the German government, and the French government. The key questions are: Does the process of policy competition lead to full employment and price stability? Can these targets be achieved through policy cooperation? And is policy cooperation superior to policy competition? Another important issue is monetary competition / monetary cooperation between Europe and America.

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284

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Springer Science & Business Media

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ISBN 10

3540247971

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9783540247975

Dictators, Democrats, and Development in Southeast Asia

Implications for the Rest

By: Michael T. Rock

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Dictators, Democrats, and Development in Southeast Asia

Implications for the Rest

By: Michael T. Rock

An examination of how dictators and democrats in Indonesia, Malaysia and Thailand built and sustained pro-growth political coalitions"--

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369

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Oxford University Press

Published Date

ISBN 10

0190619864

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9780190619862

Chinese Economic History Since 1949

By: Michael Dillon

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Chinese Economic History Since 1949

By: Michael Dillon

China’s economic development has become a matter of world-wide interest since the boom that began in the 1980s. Key Papers in Chinese Economic History since 1949 offers a selection of outstanding articles that trace the origins of the modern Chinese economy. Topics covered include agriculture and the rural economy; industrialisation and urbanisation; finance and capital; political economy and international connections.

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1792

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BRILL

Published Date

ISBN 10

9004304983

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9789004304987

Surrender

How the Clinton Administration Completed the Reagan Revolution

By: Michael Allen Meeropol

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Surrender

How the Clinton Administration Completed the Reagan Revolution

By: Michael Allen Meeropol

Michael Meeropol argues that the ballooning of the federal budget deficit was not a serious problem in the 1980s, nor were the successful recent efforts to get it under control the basis for the prosperous economy of the mid-1990s. In this controversial book, the author provides a close look at what actually happened to the American economy during the years of the "Reagan Revolution" and reveals that the huge deficits had no negative effect on the economy. It was the other policies of the Reagan years--high interest rates to fight inflation, supply-side tax cuts, reductions in regulation, increased advantages for investors and the wealthy, the unraveling of the safety net for the poor--that were unsuccessful in generating more rapid growth and other economic improvements. Meeropol provides compelling evidence of the failure of the U.S. economy between 1990 and 1994 to generate rising incomes for most of the population or improvements in productivity. This caused, first, the electoral repudiation of President Bush in 1992, followed by a repudiation of President Clinton in the 1994 Congressional elections. The Clinton administration made a half-hearted attempt to reverse the Reagan Revolution in economic policy, but ultimately surrendered to the Republican Congressional majority in 1996 when Clinton promised to balance the budget by 2000 and signed the welfare reform bill. The rapid growth of the economy in 1997 caused surprisingly high government revenues, a dramatic fall in the federal budget deficit, and a brief euphoria evident in an almost uncontrollable stock market boom. Finally, Meeropol argues powerfully that the next recession, certain to come before the end of 1999, will turn the predicted path to budget balance and millennial prosperity into a painful joke on the hubris of public policymakers. Accessibly written as a work of recent history and public policy as much as economics, this book is intended for all Americans interested in issues of economic policy, especially the budget deficit and the Clinton versus Congress debates. No specialized training in economics is needed. "A wonderfully accessible discussion of contemporary American economic policy. Meeropol demonstrates that the Reagan-era policies of tax cuts and shredded safety nets, coupled with strident talk of balanced budgets, have been continued and even brought to fruition by the neo-liberal Clinton regime." --Frances Fox Piven, Graduate School, City University of New York Michael Meeropol is Chair and Professor of Economics, Western New England College.

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401

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University of Michigan Press

Published Date

ISBN 10

0472123521

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9780472123520

Companion to Contemporary Economic Thought

By: Michael Bleaney,David Greenaway,Dr Ian Stewart,Ian Stewart

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Companion to Contemporary Economic Thought

By: Michael Bleaney,David Greenaway,Dr Ian Stewart,Ian Stewart

* 41 in-depth essays cover current economic theory and applied economics in a single, comprehensive volume * Interfaces section considers economics as it relates to other disciplines * Extensive notes, bibliographies and suggestions for further reading; detailed index of Topics and People `A treasure-house of stimulating argument and vast amounts of, mostly, well marshalled information. The market for general survey volumes, while already crowded, should surely find room for this offering.' - The World Economy `The work under review scores very high marks.' - The Economic Journal `The chapters are written by people who are excellently qualified and frequently well-known in their field ... The book's strengths lie in the range of contributors, the very high quality of most of the contributors and its emphasis on applied economics. For these reasons alone it is an important book, which will be invaluable both to students and to economists wishing to learn about developments in other branches of their discipline.' - Economica

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947

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Routledge

Published Date

ISBN 10

1134973381

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9781134973385

Labour Market Effects of European Intergration in the Bavarian and Czech Border Regions

By: Michael Moritz

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Labour Market Effects of European Intergration in the Bavarian and Czech Border Regions

By: Michael Moritz

Welche Auswirkungen hatte der Fall des Eisernen Vorhangs und die ökonomische Integration der mittelosteuropäischen Staaten für den Arbeitsmarkt in den Grenzregionen zwischen den alten und den neuen EU-Mitgliedsstaaten? Michael Moritz geht dieser Frage am Beispiel der bayerisch-tschechischen Grenzregion nach. Moritz untersucht für beide Länder, ob die räumliche Nähe für die Entwicklung der Wirtschafts-, Qualifikations- und Lohnstrukturen in den grenznahen Kreisen eine Rolle spielt und inwieweit sich signifikante Unterschiede zur Entwicklung in den grenzfernen Regionen feststellen lassen. Publikationssprache: Englisch

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167

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wbv Media GmbH & Company KG

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ISBN 10

376394012X

ISBN 13

9783763940127

Financial Policy and Central Banking in Japan

By: Thomas F. Cargill,Michael M. Hutchison,Takatoshi Ito

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Financial Policy and Central Banking in Japan

By: Thomas F. Cargill,Michael M. Hutchison,Takatoshi Ito

This book analyzes how the bank-dominated financial system—a key element of the oft-heralded "Japanese economic model"—broke down in the 1990s and spawned sweeping reforms. Japan's financial institutions and policy underwent remarkable change in the past decade. The country began the 1990s with a heavily regulated financial system managed by an unchallenged Ministry of Finance and ended the decade with a Big Bang financial market reform, a complete restructuring of its regulatory financial institutions, and an independent central bank. These reforms have taken place amid recession and rising unemployment, collapsing asset prices, a looming banking crisis, and the lowest interest rates in the industrial world. This book analyzes how the bank-dominated financial system—a key element of the oft-heralded "Japanese economic model"—broke down in the 1990s and spawned sweeping reforms. It documents the sources of the Japanese economic stagnation of the 1990s, the causes of the financial crisis, the slow and initially limited policy response to banking problems, and the reform program that followed. It also evaluates the new financial structure and reforms at the Bank of Japan in light of the challenges facing the Japanese economy. These challenges range from conducting monetary policy in a zero-interest rate environment characterized by a "liquidity trap" to managing consolidation in the Japanese banking sector against the backdrop of increasing international competition.

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205

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MIT Press

Published Date

ISBN 10

026226210X

ISBN 13

9780262262101

Austerity and the Labor Movement

By: Michael Schiavone

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Austerity and the Labor Movement

By: Michael Schiavone

An overview and analysis of austerity policies and labor movement resistance in several countries. Austerity policies have become the new norm throughout both the developed and developing world. Indeed, austerity has become the new buzz word in the lexicon of politicians from across the political spectrum. At the same time austerity measures have been met with mass protest, the most famous example of which is the Occupy Movement. In the not-too-distant past it would have been the labor movement at the forefront resisting policies that arguably disproportionally target working people and their families. Throughout the twentieth century it was the labor movement that fought for all working people. However, there is an increasing assumption that the labor movement is unable to adequately defend workers from the onslaught of austerity measures. Austerity and the Labor Movement analyzes whether this assumption is indeed true. Examining the labor movements in the US, UK, Greece, Ireland, and Spain, Michael Schiavone provides a systematic explanation of the appeal of austerity policies in certain circles and why the labor movement in each of these countries has been largely unsuccessful in overturning such policies. He argues that the labor movement needs to make major changes and embrace social movement unionism if it has any hope to stop its decline and have any chance to successfully fight against austerity and neoliberalism more generally.

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246

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SUNY Press

Published Date

ISBN 10

143846293X

ISBN 13

9781438462936

The Coming Bond Market Collapse

How to Survive the Demise of the U.S. Debt Market

By: Michael G. Pento

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The Coming Bond Market Collapse

How to Survive the Demise of the U.S. Debt Market

By: Michael G. Pento

The coming financial apocalypse and what government and individuals can do to insulate themselves against the worst shocks In this controversial book a noted adherent of Austrian School of Economics theories advances the thesis that the United States is fast approaching the end stage of the biggest asset bubble in history. He describes how the bursting of the bubble will cause a massive interest rate shock that will send the US consumer economy and the US government—pumped up by massive Treasury debt—into bankruptcy, an event that will send shockwaves throughout the global economy. Michael Pento examines how policies followed by both the Federal Reserve and private industry have contributed to the impending interest rate disaster and highlights the similarities between the US and European debt crisis. But the book isn't all doom and gloom. Pento also provides well-reasoned solutions that, government, industry and individuals can take to insulate themselves against the coming crisis. Paints an alarmingly vivid picture of the massive interest rate shock which soon will send consumers and the government into bankruptcy Backed by a wealth of historical and economic data, Pento explains how the bubble was created and what the U.S. can do to mitigate the impending crisis Provides investors with sound strategies for protecting themselves and their assets against the coming financial apocalypse Explains why retirees, in particular, will be at risk as real estate prices decline, pensions weaken, and the bond bubble bursts

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320

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John Wiley & Sons

Published Date

ISBN 10

1118457080

ISBN 13

9781118457085

The Geography of Tourism and Recreation

Environment, Place and Space

By: C. Michael Hall,Stephen J. Page

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The Geography of Tourism and Recreation

Environment, Place and Space

By: C. Michael Hall,Stephen J. Page

This fourth edition of The Geography of Tourism and Recreation provides students with a comprehensive introduction to the interrelationship between tourism, leisure and recreation from geographical and social science perspectives. It still remains the only book to systematically compare and contrast in a spatial context, tourism and recreation in relation to leisure time, offering insight into the demand, supply, planning, destination management and impacts of tourism and recreation. Whilst retaining its accessible style and approach this edition has been significantly updated to reflect recent developments and new concepts from geography which are beginning to permeate the tourism and recreational field. New features include: Content on the most recent developments, climate change, sustainability, mobilities and crisis management in time and space as well as trends such as low cost airlines and the control of land transport by transnational operators in the EU such as Arriva. More attention to management issues such as innovation and the spatial consequences for tourism and leisure development. New case studies and examples to showcase real life issues, from both developed and developing countries, especially the US, China and South Africa. Completely revised and redeveloped to accommodate new, user- friendly features: case studies, insights, summary points and learning objectives. Written by leading academics, this is essential reading for all tourism, geography, leisure and recreation students.

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859

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Routledge

Published Date

ISBN 10

1135041563

ISBN 13

9781135041564

Advertising, The Uneasy Persuasion (RLE Advertising)

Its Dubious Impact on American Society

By: Michael Schudson

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Advertising, The Uneasy Persuasion (RLE Advertising)

Its Dubious Impact on American Society

By: Michael Schudson

What does advertising do? Is it the faith of a secular society? If so, why does it inspire so little devotion? Advertising, the Uneasy Persuasion is a clear-eyed account of advertising as both business and social institution. Instead of fuelling the moral indignation surrounding the industry, or feeding fantasies of powerful manipulators, Michael Schudson presents a clear assessment of advertising in its wider sociological and historical framework, persuasively concluding that advertising is not nearly as important, effective, or scientifically founded as either its advocates or its critics imagine. ‘Dispassionate, open-minded and balanced ... he conveys better than any other recent author a sense of advertising as its practitioners understand it.’ Stephen Fox, New York Times Book Review First published in 1984.

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Page Count

308

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Routledge

Published Date

ISBN 10

113666825X

ISBN 13

9781136668258

Book's by Michael Krugman

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