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Through the eyes of an inventor of new markets, Good Derivatives: A Story of Financial and Environmental Innovation tells the story of how financial innovation – a concept that is misunderstood and under attack - has been a positive force in the last four decades. If properly designed and regulated, these “good derivatives” can open vast possibilities to address a variety of global problems. Filled with provocative ideas, fascinating stories, and valuable lessons, it will provide both an insightful interpretation of the last forty years in capital and environmental markets and a vision of world finance for the next forty years. As a young economist at the Chicago Board of Trade, Richar...
This study represents the first scholarly attempt to consider the difficult allocation problems associated with management of natural resources and proposed changes in the natural environment. Originally published in 1973
This work challenges the conventional understanding of Hong Kong's political culture as one of indifference. It takes a historical look at political participation in the former colony and includes an in-depth analysis of 13 selected cases.
A deeply researched portrait of the controversial Supreme Court justice covers his career achievements, his appointment in 1986, and his resolve to support agendas from an ethical, rather than political, perspective.
The purpose of this volume is to reopen the discussion of how to develop the economic theory of investment to better model the facts of experience and to provide policy makers with a better understanding of how capital markets work. In this final decade of the twentieth century, almost everyone agrees that human progress will be closely related to the decisions regarding the investments made to promote economic growth of output. Despite the Nobel prize work done in recent decades, economic performance in this area seems to have worsened. Clearly, a reopening of public discussion on what is required is necessary. Until we get our theory right, it is impossible to get our public policy right. This book does not promise to provide “the” correct theory. Instead, it hopes to stimulate the reader into an understanding of where we may have gone wrong, and how we might rectify our mistakes.
This set offers a comprehensive collection of papers on this significant discipline. Published in two parts with new introductions to the individual volumes by the editor, this is an invaluable tool for any researcher in this area.
The story goes that if you throw a frog into a pot of boiling water, he will jump out and save himself. If you place the same frog in a pot of cool water and slowly bring it to a boil, he will allow himself to be boiled to death. This is exactly what is happening to millions of people around the world. Industry has introduced tens of thousands of chemical compounds into our human environment since World War II. We are the frogs in a vast scientific experiment. In 1992, Intel Corporation tightened its grip on the mesa above the village of Corrales, New Mexico, building its two-billion-dollar flagship plant there. Soon the battle is on between the unholy triad of big money, big business, and p...
Set includes revised editions of some issues.
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