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The Open Economy Macromodel: Past, Present and Future
The impetus for the conference that was the basis for this volume emanated from the influence of two brilliant minds-Egon Sohmen and Adam Klug, who both died at an early age, leaving their families and the professions of economics and economic history with major voids. In the course of research on the origins of Open Economy Macroeconomics, the significant contributions of Egon Sohmen came to the fore. After correspondence with some of those involved in the early development of the Open Economy Macromodel, we turned to Adam Klug for his views on the matter-as he had dealt with the history of intertemporal trade models in his Ph. D. thesis. And it was Adam who suggested the idea of a conferen...
A Cultural History of Finance
The world of finance is again undergoing crisis and transformation. This book provides a new perspective on finance through the prism of popular and formal culture and examines fascination and repulsion toward money, the role of governments and individuals in financial crises and how the Crisis of 2008, like others since 1720, repeat the same patterns of enthusiasm, greed, culpability, revulsion, reform and recovery. The book explores the political and socio-economic factors which determine fallibility and resilience in financial cultures, periods of crisis, transition and recovery based on cyclical rather than linear progression. Examining the roots of financial capitalism, in Europe and the United States and its corollary development in Asia, Russia and emerging markets proves that cultural and psychosocial reactions to financial success, endeavor and calamity transcend specific periods or events. The book allows the reader to discover parallel and intersecting reactions, controversies and resolutions in the cultural history of financial markets and institutions.
Labour-Intensive Industrialization in Global History
The prevailing view of industrialization has focussed on technology, capital, entrepreneurship and the institutions that enabled them to be deployed. Labour was often equated with other factors of production, and assigned a relatively passive role. Yet it was labour absorption and the improvement of the quality of labour over the course of several centuries that underscored the timing, pace and quality of global industrialization. While science and technology developed in the West and whereas the use of fossil fuels, especially coal and oil, were vital to this process, the more recent history has been underpinned by the development of comparatively resource- and energy-saving technology, without which the diffusion of industrialization would not have been possible. The labour-intensive, resource-saving path, which emerged in East Asia under the influence of Western technology and institutions, and is diffusing across the world, suggests the most realistic route humans could take for a further diffusion of industrialization, which might respond to the rising expectations of living standards without catastrophic environmental degradation.
Against the Tide
A delightful as well as educational read. It should be a set text for anyone interested in trade policy - The Economist.
The History of Bankruptcy
This volume takes up bankruptcy in early modern Europe, when its frequency made it not only an economic problem but a personal tragedy and a social evil. Using legal, business and personal records, the essays in this volume examine the impact of failure on business organizations and practices, capital formation and circulation, economic institutions and ethics, and human networks and relations in the so-called "transition" to modern society, from the early-sixteenth to the early-nineteenth century. One group of essays concentrates on the German-speaking world and shows a common concern for the microeconomics of bankruptcy, that is, for such issues as the structure of the firm, the nature of ...
Hayek and After
Shearmur takes an historical approach to Hayek's works, analysing the evolution of his views. He argues that Hayek's work represents a research programme, and explores ways in which this might be extended.
Our Bloc
A plan to win for the British left, from the co-founder of Momentum Our Bloc is a blueprint for a new combination of left-wing forces in Britain. James Schneider proposes a movement-party organisation that acts in society and in the Labour Party, through which party members, social movements, trade unions and socialist-inclined MPs could coordinate their political work. He adapts Chantal Mouffe’s theory of left populism to set out how the bloc could popularise socialist ideas and bend the parameters of politics towards its demands. Socialist perspectives are now rarely heard in mainstream public debate, after five years under Jeremy Corbyn when the left had some success in shaping politica...
Political Communication in Britain
Political Communication in Britain is a now established series of nine books, the first of which appeared in the aftermath of the 1979 General Election. This book follows the structure of previous volumes and features commentaries and assessments from the pollsters who monitored voter opinion during the 2017 General Election. It also includes chapters from party strategists responsible for devising and executing the rival campaigns. Furthermore contributions from journalists offer a media perspective on the campaign. The remainder of the book consists of academic material designed to complement and augment the aforementioned professionals’ chapters. Here the focus is on the major dynamics of political communication, specifically the roles of the press, television, advertising, internet and other such phenomena during the 2017 Snap Election.
German Immigration and Servitude in America, 1709-1920
This book provides the most comprehensive history of German migration to North America for the period 1709 to 1920 than has been done before. Employing state-of-the-art methodological and statistical techniques, the book has two objectives. First he explores how the recruitment and shipping markets for immigrants were set up, determining what the voyage was like in terms of the health outcomes for the passengers, and identifying the characteristics of the immigrants in terms of family, age, and occupational compositions and educational attainments. Secondly he details how immigrant servitude worked, by identifying how important it was to passenger financing, how shippers profited from carrying immigrant servants, how the labor auction treated immigrant servants, and when and why this method of financing passage to America came to an end.
Privatization and Transition in Russia in the Early 1990s
Few economic events have caused such controversy as the privatization process in Russia. Some see it as the foundation of political and economic freedom. For others it was economics gone wrong, and ended in "Russians stealing money from their own country". As Russia reasserts itself, and its new brand of capitalism, it is ever more important that policy makers and scholars understand the roots of the economic structure and governance of that country; what was decided, who made the decisions and why, what actually transpired, and what implications this has for the future of Russia. This work, written by two senior advisors to the Russian government, has unique access to documentation, trackin...
