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Macroeconomic policy is one of the most important policy domains, and the tools of macroeconomics are among the most valuable for policy makers. Yet there has been, up to now, a wide gulf between the level at which macroeconomics is taught at the undergraduate level and the level at which it is practiced. At the same time, doctoral-level textbooks are usually not targeted at a policy audience, making advanced macroeconomics less accessible to current and aspiring practitioners. This book, born out of the Masters course the authors taught for many years at the Harvard Kennedy School, fills this gap. It introduces the tools of dynamic optimization in the context of economic growth, and then ap...
Do you remember the first TV you ever saw, the Space Race, sonic booms, JFK, men on the Moon, the Cuban Missile Crissis, Friendship 7 as well as numerous events and inventions from the 1950's and 60's? Well, if you answered yes to any of the above, you're going to love reading Ma's Cow. The book is a treasure trove of memories of that happy innocent time known to some as the Cold War and to others as a period of Camelot between World War II and the Oil Crisis of the 1970's. Whatever name you remember the era as you doubtless have happy memories of a time long gone, but seemingly so recent in our memories. Ma's Cow has something for everyone.
A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.
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What happens when computational design and fabrication technologies ramp up to the urban scale? Though these innovative production processes are currently now largely limited to small-scale design projects, what will happen when they are applied to the vast scale of the 21st-century world city? Could new technologies enable an important shift away from mass production to increasingly bespoke and custom-designed systems? The introduction of standardisation and mass production processes in the 20th century saw the industrial city take on a repetitious and homogeneous quality through the duplication of component parts. Today non-standard, bespoke systems hold out the promise of realising a distinctive urbanism; characterized by the differentiation of serial production and the variation of simple parts that should lead to a more complex and compelling whole. Given the current pace and rate of urbanisation in Asia, the mass customization of the city is set to have imminent and far-reaching practical consequences for the rest of the developing and developed world.
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