Despite the continued popular success of his works, John Kenneth Galbraith's contribution to economic theory is rarely recognized by today's economists. This book redresses the balance by providing an introductory and sympathetic discussion of Galbraith's theoretical contributions, introducing the reader to his economics and his broader vision of the economic process.
In the wake of WWII, President Truman established the US Strategic Bombing Survey to determine how effectively strategic air power had been applied during the war. The final study has been used for decades as an objective primary source and a guiding text. Gentile (history, US Military Academy) re-examines this document to reveal how it reflected the American conceptual approach to strategic bombing. He exposes the survey as largely tautological, throwing into question many of the central tenets of American air power philosophy and strategy. He shows how recent problems with bomb damage assessment in the Balkans reinforce his conclusions. Annotation copyrighted by Book News Inc., Portland, OR
Consumerism is a problem. It deforms individual character, our sense of obligation to one another, and our concern for future generations and the environment. Even in the aftermath of the worst economic downturn in seventy years, it remains a defining feature of Western cultures. But, beyond this assessment, neither Christian theologians and ethicists nor secular economists and sociologists have understood what drives consumerism or what can be done to counteract it. This is the problem that Bruce P. Rittenhouse solves in Shopping for Meaningful Lives. Dr. Rittenhouse analyzes economic, sociological, and psychological evidence to prove that consumers behave differently than the current theories predict. Dr. Rittenhouse shows that consumerism functions as a religion. It provides a means of assurance that an individual life is meaningful. Because we need this assurance to live out our everyday lives, consumerism takes precedence over whatever other values a person professes--unless a person can adopt a different way to secure the meaning of his or her life. This interpretation explains how consumers actually behave. From the perspective of Christian theology, consumerism is a wrong answer to a problem of human existence that should be answered by faith in Christ.
Fired by Stanford and the University of Chicago but recommended by his peers to the presidency of the American Economic Association, Thorstein Veblen remains a baffling figure. In part because he was an eccentric who shunned publicity. Veblen is best known to the public as coiner of the term "conspicuous consumption", and known to scholars as one of many social critics of the reform-minded Progressive Era. This is a critical biography, originally published as "The Bard of Savagery". It attempts to unravel the riddles that surround his reputation, and to assess his varied and important contributions to modern social theory.
Fission track dating is based on the microscopic observation and counting of etchable tracks left by the spontaneous fission of uranium in minerals. Since its development in 1963 the method attracted a steadily growing interest from geologists and geochronologists throughout the world. Apart from its relative experimental ease the success must be mainly ascribed to the specific ability of the method of unravelling the thermal and tectonic history of rocks, a potential which only became fully exploited during the last decade with the systematic introduction of track size analysis. The present work is the first one to deal entirely with fission track dating covering all of its aspects from the origin of the fission tracks, the basis of track etching and fading, the various dating techniques as well as practical procedures and the geologic interpretation to the most recent applications in geology and archaeology.
The degradation of the modern American culture, including its 2008 financial and economic crisis, and the modern rejuvenation of Asian cultures are best understood within the context of 4,000 years of human history. Such are the consequences of the dynamics of cultural change, responding to societal variables of wealth, energy, and human values. This work provides a unique and formidable science-based framework for civilization development that complements and enhances the work of preeminent historians and sociologists. Accordingly, the foundation for societal progress is placed on restrictive scientific definitions, principles, and concepts of energy and wealth consumption, rather than solely on behavioral perspectives derived from empirical data and historical events. Society's dynamic forces are linked to the cultural deterioration and collapse of Ancient Greece and Rome, Imperial Spain, and Great Britain. Specific chapters are devoted to stagnation of Western civilization, Asian and Islamic resurgence, deterioration of the American culture, and ecological degradation of North America's largest estuary, the Chesapeake Bay; collateral damage of socio-economic profitability. The characteristics of America's current cultural deterioration parallel those of previous great civilizations. These include abuse of wealth and energy resources; excessive individual and national debt; lack of cultural civility, discipline, integrity, and ethics; unaffordable militarism, escalating income and wealth disparities; unresolved crises in health care and public education; and stultifying cultural complexity and bureaucracy. Themes include the underlying principles responsible for the eventual deterioration of all known civilizations; the basis for the recurring, sequential periodicity of civilization success and failure; and the roles and significance of militarism and religion in civilization growth, decay, and rebirth; Addressing these themes necessitates the integration of the academic disciplines of history, sociology, economics, and science, reflecting human nature and socioeconomic and political realities that fundamentally and continuously alter human values, priorities, and behavior, thus creating human history.
How has Singapore's environment and location in a zone of extraordinary biodiversity influenced the economic, political, social, and intellectual history of the island since the early 19th century? What are the antecedents to Singapore's image of itself as a City in a Garden? Grounding the story of Singapore within an understanding of its environment opens the way to an account of the past that is more than a story of trade, immigration, and nation-building. Each of the chapters in this volume focusing on topics ranging from tigers and plantations to trade in exotic animals and the greening of the city, and written by botanists, historians, anthropologists, and naturalists examines how humans have interacted with and understood the natural environment on a small island in Southeast Asia over the past 200 years, and conversely how this environment has influenced humans. Between the chapters are travelers' accounts and primary documents that provide eyewitness descriptions of the events examined in the text. In this regard, Nature Contained: Environmental Histories of Singapore provides new insights into the Singaporean past, and reflects much of the diversity, and dynamism, of environmental history globally.
The 4th volume of Davidson's major contributions to the economics and policy debates of our times, this book contains articles, newspaper columns and papers that explain why Keynes's General Theory , as developed by Post Keynesian theorists, provides important policy implications for the economic problems of the 21st century global economy.
Consumer capitalism arose with the second industrial revolution, the application of continuous-mass production to consumer goods during the late nineteenth and early twentieth centuries. This book adopts a Veblenian, Keynesian viewpoint, presenting an evolutionary view of consumption combined with the need to increase demand to match increases in production. The book traces the history of consumer capitalism, examining the paradox posed by applying continuous-mass production to produce armaments for dynastic ambitions versus consumer goods for the masses, manifesting itself in the world wars of the twentieth century. Multiple paradoxes at the heart of the story address booms leading to busts, over-producing countries in Asia relying on over-consuming countries in the West, and the expansion of demand depending on increasingly inventive ways of liquefying assets, in light of stagnant incomes. The book persuasively argues that these paradoxes result from capitalism’s incessant drive to accumulate capital, fostering conflict, crises, and depression. The latest paradox results from the impact of continuous-mass production on the environment, manifesting itself as the Darwinian dilemma. The dilemma stems from human beings largely winning the struggle for existence and, in the process, possibly making the earth uninhabitable, at least for humans.
A riveting and action-packed tale about the last days of the East African slave trade, of the opening of the African interior, and the plundering of native empires by Arabs and white men.
The Seizure of Saddam Hussein's Archive of Atrocity examines the capture of the Baathist security files and the discovery of an invaluable Iraqi Jewish archive amid the Kurdish uprising and the US-led invasion of Iraq. The events ignited a fierce struggle for the files, which documented Saddam Hussein’s vast humanitarian crimes. The various battles to control the memory of Saddam Hussein's genocidal regime and reclaim Jewish patrimony reflected Iraq's inability to confront its past. The author examines these controversies, arguing that Iraq's failure to face its totalitarian history has condemned it to a future of vengeance.
It’s difficult to overstate the impact of conservative economics on American life. The conservative thought of economists like Milton Friedman, James Buchanan, and Friedrick Hayek has provided the conceptual framework that undergirds nearly every aspect of current U.S. social-economic policy. Although a great deal has been written about the economic theories of these Nobel Pirze-winning economists, this study is the first to examine the political theory that underlies conservative economics and its implications for public policy. Long associated with the “Chicago” and “public choice” schools of thought, Friedman, Buchanan, Hayek, and others have consistently repudiated Keynesian principles. They have steadfastly opposed social welfare policies and regulation of private enterprise, championing instead the free market as a mechanism for ordering society. In this book Conrad Waligorski analyzes the political content of the conservative economists’ arguments. In so doing, he illuminates the political, economic, and philosophical ideas behind and justification for the laissez-faire policy—the reduced regulation, intervention, and welfare favored by conservative governments in the United States, Canada, and Britain.
This Second Edition arms real estate professionals with a comprehensive approach to the economic factors that both define and affect modern urban areas. The text considers the economics of cities as a whole, instead of separating them. Emphasis is placed on economic theory and empirical studies that are based in economic theory. The book also explores the policy lessons that can be drawn from the use of economics to understand urban areas. Real estate professionals will find new coverage of urban areas around the world to provide a global perspective.
While there are many economists in schools, government, unions, and non-profit organizations working in the institutionalst tradition, there has been no book that describes this tradition -- until now. Editors Champlin and Knoedler have brought together prominent labor economists, highly respected institutional economists, and newer scholars working on such compelling issues as immigration, wage discrimination, and living wages. Their essays portray the institutionalist tradition in labor as it exists today as well as its historical and theoretical origins. The result is a major contribution to the literature of labor economics, institutionalist economics, and the history of economic thought.
What happens when public figures' private selves are put forth for examination by public audiences? How do the personal struggles of music artists, specifically those with immigrant backgrounds, compare to the private struggles of other individuals? At a time when many countries in the European Union experience an increase in far-right political party activities, how do individuals from the margins negotiate new ways of thinking about identity, offering hope for greater understanding of shared struggles across societies? This book offers interpretations of identity and belonging by examining the work of two music artists, Faudel Belloua from France and Adam Tensta from Sweden. By analyzing texts produced by these individuals, I argue that ongoing engagement with the materials produced by Belloua and Tensta, a process which I refer to as living biography, presents a unique window into the process of how Belloua and Tensta connect personal struggles to public issues, providing a compelling departure point for further discussions on how interpretations of national identity are changing in France and Sweden and beyond.
A comprehensive and detailed examination of the law of evidence in the broadest of civil and criminal contexts. The emphasis is upon rigorous examination of the issues affecting all who work with the law of evidence whether in court, chamber practice or legal education. The fifth edition takes account of a range of relevant new legislation, including the following statutes: · Vulnerable Witnesses (Criminal Evidence) (Scotland) Act 2019 · Domestic Abuse (Scotland) Act 2018 · Abusive Behaviour and Sexual Harm (Scotland) Act 2016 · Inquiries into Fatal Accidents and Sudden Deaths etc (Scotland) Act 2016 · Criminal Justice (Scotland) Act 2016 It includes relevant case law, including significant developments in respect of opinion evidence, real evidence and corroboration.
In Ruling Capital, Kevin P. Gallagher demonstrates how several emerging market and developing countries (EMDs) managed to reregulate cross-border financial flows in the wake of the global financial crisis, despite the political and economic difficulty of doing so at the national level. Gallagher also shows that some EMDs, particularly the BRICS coalition, were able to maintain or expand their sovereignty to regulate cross-border finance under global economic governance institutions. Gallagher combines econometric analysis with in-depth interviews with officials and interest groups in select emerging markets and policymakers at the International Monetary Fund, the World Trade Organization, and the G-20 to explain key characteristics of the global economy. Gallagher develops a theory of countervailing monetary power that shows how emerging markets can counter domestic and international opposition to the regulation of cross-border finance. Although many countries were able to exert countervailing monetary power in the wake of the crisis, such power was not sufficient to stem the magnitude of unstable financial flows that continue to plague the world economy. Drawing on this theory, Gallagher outlines the significant opportunities and obstacles to regulating cross-border finance in the twenty-first century.
From 1819 to COVID-19, 200 Years of American Financial Panics offers a comprehensive historical account of financial panics in America. Through a meticulous dissection of historical events and the benefit of his experience handling many of the country’s largest bank failures, Thomas P. Vartanian reveals why so many more devastating financial crises have occurred in America than nearly every other country in the world. Vartanian provides extensive evidence of how the collision of policy-driven government actions and profit-oriented business performance have disrupted market equilibrium and made the U.S. system of financial oversight less effective and more susceptible to missing the signs of future financial crises, including policies that: imposed tariffs and chartered dozens of poorly regulated, uncapitalized state banks that facilitated panics in the 19th century; created ambivalence over whether gold, silver or paper money should be the preeminent form of payment, creating the perfect conditions for the depression of 1893; kept interest rates low to assist the central banks in England, Germany and France, allowing an overheated U.S. stock market to shift into overdrive and crash in 1929; planted the seeds of the S&L crisis more than twenty years before when Congress imposed artificial limits on deposit interest rates and the states capped mortgage interest rates to increase homeownership; pressured banks in the 1990’s to increase mortgage lending to increase home ownership while the Fed engaged in loose monetary policies, adding fuel to the greatest economic crisis since the Great Depression. 200 Years of American Financial Panics dissects financial crises in a way not attempted before, concluding that the pyramid of governmental oversight intended to foster economic safety and stability has been turned on its head to its detriment. Vartanian provides readers with a unique list of practical solutions. Most importantly, his analysis of financial technology, from artificial intelligence and Big Data to cryptocurrencies and quantum computing, forecasts how financial markets and government regulation will change. 200 Years of American Financial Panics is a must read for anyone that wants to understand their money, financial markets, and how they are going to change in the future.
This book provides a surprising answer to two puzzling questions that relate to the very "soul" of the professional study of economics in the late twentieth century. How did the discipline of economics come to be dominated by an approach that is heavily dependent on mathematically derived models? And what happened to other approaches to the discipline that were considered to be scientifically viable less than fifty years ago? Between the two world wars there were two well-accepted schools of thought in economics: the "neoclassical," which emerged in the last third of the nineteenth century, and the "institutionalist," which started with the works of Veblen and Commons at the end of the same century. Although the contributions of the institutionalists are nearly forgotten now, Yuval Yonay shows that their legacy lingers in the study and practice of economics today. By reconsidering their impact and by analyzing the conflicts that arose between neoclassicists and institutionalists, Yonay brings to life a hidden chapter in the history of economics. The author is a sociologist of science who brings a unique perspective to economic history. By utilizing the actor-network approach of Bruno Latour and Michel Callon, he arrives at a deeper understanding of the nature of the changes that took place in the practice of economics. His analysis also illuminates a broader set of issues concerning the nature of scientific practice and the forces behind changes in scientific knowledge.
This new volume of the SAGE Social Thinkers series provides a concise introduction to the work, life, and influences of Karl Marx, using the three general themes found throughout Marx's work: the influence of industrialization on human social organization; the influence of economic development on human behavior, and the potential for human civilization to produce non-antagonistic social relationships.
Technology, Globalization, and Sustainable Development offers a unified, transdisciplinary approach for transforming the industrial state in order to promote sustainable development. The authors present a deep analysis of the ways that industrial states – both developed and developing – are currently unsustainable and how economic and social welfare are related to the environment, to public health and safety, and to earning capacity and meaningful and rewarding employment. The authors offer multipurpose solutions to the sustainability challenge that integrate industrial development, employment, technology, environment, national and international law, trade, finance, and public and worker health and safety. The authors present a compelling wake-up call that warns of the collision course set between the current paths of continued growth and inevitable unsustainability in the world today. Offering clear examples and real solutions, this textbook illustrates how the driving forces that are currently promoting unsustainability can be refocused and redesigned to reverse course and improve the state of the world. This book is essential reading for those teaching and studying sustainable development and the critical roles of the economy, employment, and the environment.
Based on a landmark study of over 200 of American's largest companies, this book examines how the intellectual assets of a corporation can be leveraged to create a knowledge organization.
Microeconomics, Macroeconomics and Economic Policy are at the core of research and study in economics. The essays in this volume have been specifically commissioned and brought together to celebrate the work of Malcolm Sawyer, who has made substantial contributions in these areas.
Using biographies of three natural scientists--geologist Clarence King, forester Robert Marshall, and biologist Rachel Carson--Science and the Social Good investigates the links between nature's scientific study and social improvement.
This book provides a detailed cross-country study of the automotive industry in South East Asia. Abbott argues that, contrary to prevailing opinion, the diffusion of manufacturing in the Asia-Pacific has been characterized by hierarchical networks of production linked to Japan for technology.
Impersonal forces do not make economic decisions: we do. And what we decide not only determines our society's material well-being but also reflects ethical choices.
The third edition of Radiogenic Isotope Geology examines revolutionary changes in geochemical thinking that have occurred over the past fifteen years. Extinct-nuclide studies on meteorites have called into question fundamental geochemical models of the Earth, while new dating methods have challenged conventional views of Earth history. At the same time, the problem of global warming has raised new questions about the causes of past and present climate change. In the new edition, these and other recent issues are evaluated in their scholarly and historical context, so readers can understand the development of current ideas. Controversial theories, new analytical techniques, classic papers, and illustrative case studies all come under scrutiny in this book, providing an accessible introduction for students and critical commentary for researchers.
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