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Traditional economic theory studies idealized markets in which prices alone can guide efficient allocation, with no need for central organization. Such models build from Adam Smith’s famous concept of an invisible hand, which guides markets and renders regulation or interference largely unnecessary. Yet for many markets, prices alone are not enough to guide feasible and efficient outcomes, and regulation alone is not enough, either. Consider air traffic control at major airports. While prices could encourage airlines to take off and land at less congested times, prices alone do just part of the job; an air traffic control system is still indispensable to avoid disastrous consequences. With...
Construction prices rose over the last year by 5%, according to AECOM’s tender price index, with construction price inflation continuing to run above the long-run average. The main drivers are rising input costs. Producer price indices have moved up at a clip in recent quarters, with sharp increases in prices for materials and fuels consumed by UK manufacturers. Demand- and supply-side factors make the probability of short-term price falls very slim. SPON’S ARCHITECTS’ AND BUILDERS’ PRICE BOOK 2018, compiled by AECOM, still provides the most accurate, detailed and professionally relevant construction price information for the UK. Its unique Tender Index, updated through the year, giv...
Features a section on alterations, repair and maintenance offering a range of items and prices. This work includes a range of composite items for approximate estimating. It covers basic price and approximate estimating sections to put together outline costings.
Now in its 40th edition, Spon's External Works and Landscape Price Book 2021 offers the only comprehensive source of information for detailed external works and landscape costs. It covers all the items to be found in hard and soft landscape contracts, and forms an indispensable reference book for quantity surveyors, landscape architects, contractors and local authority managers – essential for compiling estimates, specifications, bills of quantities and works schedules – no matter what the size of the project being undertaken. Use the access code inside the front cover of the book to get set up with an ebook of this 2021 edition on the VitalSource® Bookshelf platform, available for acce...
DJ, comic and the biggest namedropper in showbusiness, Pete Price tells his story. He tells of undergoing aversion therapy to fight his sexuality in the 60s, how a phonecall from a member of murdered toddler Jamie Bulger's family changed his life and how he tracked down the mother who gave him up for adoption.
The second edition of this widely acclaimed and extensively cited collection of original contributions by specialist authors reflects changes in the field of cultural economics over the last eight years. Thoroughly revised chapters alongside new topics and contributors bring the Handbook up-to-date, taking into account new research, literature and the impact of new technologies in the creative industries. The book covers a range of topics encompassing the creative industries as well as the economics of the arts and culture, and includes chapters on: economics of art (including auctions, markets, prices, anthropology), artists' labour markets, creativity and the creative economy, cultural districts, cultural value, globalization and international trade, the internet, media economics, museums, non-profit organisations, opera, performance indicators, performing arts, publishing, regulation, tax expenditures, and welfare economics.
This year the rates in the book include contractor’s overheads and profit, making the book easier for design and planning professionals. Now in its 37th edition, Spon's External Works and Landscape Price Book 2018 offers the only comprehensive source of information for detailed external works and landscape costs. It covers all the items to be found in hard and soft landscape contracts, and forms an indispensable reference book for quantity surveyors, landscape architects, contractors and local authority managers – essential for compiling estimates, specifications, bills of quantities and works schedules – no matter what the size of the project being undertaken. Use the access code insi...
A range of factors are all combining to propel input cost inflation. Higher international logistics costs, returning demand from industry workload, and higher global metals prices are some of the ingredients to quicker building cost inflation. Whilst some EU materials exporters to the UK are adjusting to Brexit, other EU exporters ― initially smaller or specialist firms hit proportionally harder ― are now deciding not to supply the UK at all, because the additional red tape involved makes it not commercially viable. If this trend replicates across the whole EU to UK supply chain, visible disruption and higher prices are likely until other sources of supply begin to increase in volume and...