An examination of long-term trends in capital formation and financing in the U.S., this study is organized primarily around the principal capital-using sectors of the economy: agriculture, mining and manufacturing, public utilities, non-farm residential real estate, and government. The analysis summarizes major trends in real capital formation and financing, and the factors that determined the trends. Originally published in 1961. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Nobel Laureate Simon Kuznets, famous as the founder of modern empirical economics, pioneered the quantitative study of the economic history of the Jews. Yet, until now, his most important work on the subject was unpublished. This second collection of previously unavailable material issued by Transaction brings to the public, for the first time, the most important economic work written on Jewish migration since that of Werner Sombart a century ago. This volume of Kuznets’ work includes three main essays. The first, titled “Immigration and the Foreign Born,” was Kuznets’ first work on immigration and discusses the impact of the general foreign born on the U.S. Kuznets and his co-author, Ernest Rubin, offer the essay as a quantitative antidote to the misinformation that led many Jews to support the restrictions ending Jewish migration in the 1920s. The second, “Israel’s Economic Development,” discusses the impact of mass immigration and other factors on Israeli productivity, providing in English for the first time one of the first detailed studies of the economic development of the state of Israel. The final essay, on “Immigration of Russian Jews to the United States,” is the most famous of Kuznets’ writings and provides a clear view, backed by a seminal paper that launched the contemporary social scientific study of Jewry. It discusses the details of the labor force, skills, and general structure of Eastern European Jewish immigrants to the U.S.
An examination of long-term trends in capital formation and financing in the U.S., this study is organized primarily around the principal capital-using sectors of the economy: agriculture, mining and manufacturing, public utilities, non-farm residential real estate, and government. The analysis summarizes major trends in real capital formation and financing, and the factors that determined the trends. Originally published in 1961. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
A thrilling new biography of Pyotr Ilyich Tchaikovsky--composer of some of the world's most popular orchestral and theatrical music "A lively, argumentative and thoughtful reflection on one of the 19th century's most important musical figures."--Michael O'Donnell, Wall Street Journal Tchaikovsky is famous for all the wrong reasons. Portrayed as a hopeless romantic, a suffering melancholic, or a morbid obsessive, the Tchaikovsky we think we know is a shadow of the fascinating reality. It is all too easy to forget that he composed an empire's worth of music, and navigated the imperial Russian court to great advantage. In this iconoclastic biography, celebrated author Simon Morrison re-creates Tchaikovsky's complex world. His life and art were framed by Russian national ambition, and his work was the emanation of an imperial subject: kaleidoscopic, capacious, cosmopolitan, decentred. Morrison reexamines the relationship between Tchaikovsky's music, personal life, and politics; his support of Tsars Alexander II and III; and his engagement with the cultures of the imperial margins, in Ukraine, Poland, and the Caucasus. Tchaikovsky's Empire unsettles everything we thought we knew--and gives us a vivid new appreciation of Russia's most popular composer.
This is a collection of essays by Simon Kuznets, winner of the 1971 Nobel Memorial Prize in Economic Sciences, published posthumously. It represents the primary concerns of his research at a late phase of his career, as well as themes from his earlier work. The first four chapters deal with 'modern economic growth'. Chapters five to seven introduce the main theme of the remainder of the volume: interrelations between demographic change and income inequality. Chapters eight to ten draw on a wider set of data to make comparisons of income inequality among societies at widely different levels of development. Chapter eleven returns to data for the United States to develop more fully the importance of differing childbearing patterns for income inequality. In the introduction Professor Richard Easterlin discusses the relationship of the essays to the balance of Kuznets's writings. In the afterword Professor Robert Fogel discusses the methodologies favoured by Kuznets.
Nobel Laureate Simon Kuznets, famous as the founder of modern empirical economics, pioneered the quantitative study of the economic history of the Jews. Yet until now his most important work on the subject was unpublished. These volumes bring to the public, for the first time, the most important work written on Jewish economic history since that of Werner Sombart a century ago. In the first volume, Kuznets uses extensive, original data to trace trends in the economic life of American Jews. He measures quantitatively for the first time the legendary economic success of American Jews and discusses the foundations of these achievements. Tracing their distinctive concentration in the professions, he exposes the causes of the extreme inequalities in American Jewish economic life. The immigrant origin of nearly all American Jews offers a unique case study in the process of assimilation that made American Jewry the ultimate American success story. This offers an ideal prelude to the second forthcoming volume, Comparative Perspectives on Jewish Migration. The volume’s editors also provide a unique perspective on Kuznets’ work. In the introduction, Weyl shows that many of Kuznets’ most influential ideas, were inspired by his study of the economic history of the Jews. Through careful analysis of shared themes, and dozens of hours of detailed interviews, Lo and Weyl reveal a new dimension of Kuznets’ thought to historical inquiry.
Making the case that population growth does not hinder economic progress and that it eventually raises standards of living, Julian Simon became one of the most controversial figures in economics during the past decade. This book gathers a set of articles--theoretical, empirical, and policy analyses--written over the past twenty years, which examine the effects of population increase on various aspects of economic development in less-developed economies. The studies show that within a century, or even a quarter of a century, the positive benefits of additional people counterbalance the short-run costs. The process is as follows: increased numbers of consumers, and the resultant increase of total income, expand the demand for raw materials and finished products. The resulting actual and expected shortages force up prices of the natural resources. The increased prices trigger the search for new ways to satisfy the demand, and sooner or later new sources and innovative substitutes are found. These new discoveries lead to cheaper natural resources than existed before this process began, leaving humanity better off than if the shortages had not appeared. Originally published in 1992. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
From the author of the best-selling and Booker Prize–shortlisted The Glass Room and Trapeze An historical thriller that brings back Marian Sutro, ex-Special Operations agent, and traces her romantic and political exploits in post-World War II London, where the Cold War is about to reshape old loyalties As Allied forces close in on Berlin in spring 1945, a solitary figure emerges from the wreckage that is Germany. It is Marian Sutro, whose existence was last known to her British controllers in autumn 1943 in Paris. One of a handful of surviving agents of the Special Operations Executive, she has withstood arrest, interrogation, incarceration, and the horrors of Ravensbrück concentration camp, but at what cost? Returned to an England she barely knows and a postwar world she doesn’t understand, Marian searches for something on which to ground the rest of her life. Family and friends surround her, but she is haunted by her experiences and by the guilt of knowing that her contribution to the war effort helped lead to the monstrosities of Hiroshima and Nagasaki. When the mysterious Major Fawley, the man who hijacked her wartime mission to Paris, emerges from the shadows to draw her into the ambiguities and uncertainties of the Cold War, she sees a way to make amends for the past and at the same time to find the identity that has never been hers. A novel of divided loyalties and mixed motives, Tightrope is the complex and enigmatic story of a woman whose search for personal identity and fulfillment leads her to shocking choices.
A lively answer to those who sound alarms about population growth and resource use The Ultimate Resource challenges conventional beliefs about the scarcity of energy and natural resources, the pollution of the environment, and the perils of overpopulation for our standard of living. In this provocative book, Julian Lincoln Simon argues that natural resources are not finite in any meaningful way, and that using such resources now will not slow the rate of future economic growth. In the short run, all resources are limited. A greater use of any resource means pressure on its supply and hence an increased price. In the long run, however, history shows that human creativity overcomes natural obstacles to economic growth and leads to a lower cost and price than before. The ultimate resource, Simon contends, is the human imagination coupled to the human spirit. This timely book will fundamentally change how you think about a host of issues, from immigration and human fertility to forecasts of population change and the use of taxpayer dollars for population control. The Ultimate Resource demonstrates that the primary constraint on our national and world economic growth is our capacity for the creation of new ideas. The more people who can be trained to help solve the problems that confront us, the faster we might remove the obstacles, and the greater the economic inheritance we can bequeath to our descendants.
In his long and distinguished career as a writer and scholar Julian Simon came to be known as one of the leading--and most controversial--authorities on population economics. An immensely productive writer, his work is unified by a basic core belief: that human intellect and ingenuity are ever-renewable resources in the use and preservation of natural resources. Inevitably, Simon's position provoked the hostility of doctrinaire environmentalists, both in academia and in the movement at large. However, Simon's arguments were invariably built from facts and powerful evidence that stood him well in many high-profile public debates. The first part of Simon's autobiography takes the reader through his childhood, his years as a midshipman and then as an officer in the Navy, plus a stint in the Marines, and his experiences as a copywriter in an advertising firm. Simon's plan after receiving his Ph.D. from the University of Chicago was to be an entrepreneur, which would afford him enough money to care for his parents and allow him free time for writing fiction. He ran a small mail-order business for two years, during which time he wrote his first book, How to Start and Operate a Mailorder Business, which has since gone through seven editions. Deciding to seek a professional career, in 1963, he accepted a position at the University of Illinois. Although he spent thirty-five years of his life as a faculty member at three universities, his autobiography contains almost no discussion of departmental affairs or university politics, topics about which Simon had little or no interest. Rather, after the personal chronology and experiences, the book includes substantive chapters on research methods, population economics, and immigration. It also explains how Julian Simon became the economist he was. He analyzes crucial periods in his life when he developed his ideas on fundamental issues. Written in an engaging and amusing manner, Julian Simon's autobiography is a combination of personal memoir and professional contribution to important ideas in economics, research methods, and demography. His observations and personal reflections will interest the general reader on a humanitarian level as well as environmentalists, sociologists, and economists on a professional level.
Comparison with stationary and very fast rates of population growth shows modern population grwoth to have long-run positive effects on the standards of living. This is Julian Simon's contention, and he provides support for its validity in both more and less-developed countries. He notes that since each person constitutes a burden in the short run, whether population growth is judged good or bad depends on the importance the short run is accorded relative to the long run. The author first analyzes empirical data, formulating his conclusions using simulation models. He then reviews our knowledge of the effect of economic level upon population growth. A final section of his book considers the framework of welfare economics and values within which population policy decisions are now made. He finds that the implications of policy decisions can prove inconsistent with the values that prompt their recommendation. Originally published in 1977. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
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