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Coping with Recession
The text examines how companies cope with the pressures which are unleashed by recessions. It is based on a large scale survey undertaken in the spring of 1993 which involved the participation of more than 600 leading UK companies. The questionnaire data was combined with a long enough time-series of data on the financial performance of most of the companies to enable us to trace effects left over from the recession in the early 1980s. The main issues examined in the book are: what makes companies vulnerable to recessionary pressures? How do companies typically respond to these pressures? How have recessionary pressures been transmitted back into labour markets and what kinds of institutional changes have they induced? Finally, do recessionary pressures stimulate innovative activity?
Prosperity for All
In the aftermath of the 2008 financial crisis, economists around the world have advanced theories to explain the persistence of high unemployment and low growth rates. Written in clear, accessible language by prominent macroeconomic theorist Roger E. A. Farmer, Prosperity for All proposes a paradigm shift and policy changes that could successfully raise employment rates, keep inflation at bay, and stimulate growth.
Postliberal Politics
Hyper-capitalism and extreme identity politics are driving us to distraction. Both destroy the basis of a common life shared across ages and classes. The COVID-19 crisis could accelerate these tendencies further, or it could herald something more hopeful: a post-liberal moment. Adrian Pabst argues that now is the time for an alternative – postliberalism – that is centred around trust, dignity, and human relationships. Instead of reverting to the destabilising inhumanity of 'just-in-time' free-market globalisation, we could build a politics upon the sense of localism and community spirit, the valuing of family, place and belonging, which was a real theme of lockdown. We are not obliged to put up with the restoration of a broken status quo that erodes trust, undermines institutions and trashes our precious natural environment. We could build a pluralist democracy, decentralise the state, and promote embedded, mutualist markets. This bold book shows that only a politics which fuses economic justice with social solidarity and ecological balance can overcome our deep divisions and save us from authoritarian backlash.
Capitalism
In Capitalism, Anwar Shaikh demonstrates that most of the central propositions of economic analysis can be derived without any reference to hyperrationality, optimization, perfect competition, perfect information, representative agents or so-called rational expectations. These include the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises.
The Money Minders
An accessible, intuitive outline of key developments in central banking practice and thinking.
The National Statistics Socio-Economic Classification: User Guide
This user manual describes in detail the National Statistics Socio-Economic Classification (NS-SEC), the standard UK government classification, which was rebased following changes to the Standard Occupation Classification (SOC) in 2000, and gives practical advice on using it to derive classifications. The main chapters describe the classes and general principles for deriving classifications and the appendices contain detailed derivation tables explaining how each category is derived from SOC and employment status.
The Shadow Economy
This book presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work.
