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Changing the Guard
When prison privatization began in the United States in the early 1980s, many policy analysts claimed that the result would be higher costs, declining quality, and an erosion of state authority. Bringing together five of the leading researchers of prison privatization and criminology, this authoritative survey addresses the economic as well as the social implications of prison reform. Economist Ken Avio begins with an analysis of the broader issues surrounding the private-prison debate, such as punishment and recidivism, and crime deterrence. Charles Thomas, the world's leading authority on private prisons, provides the empirical context for understanding the debate, examining their historical origins, present status, and future prospects. Samuel Jan Brakel and Kimberly Ingersoll Gaylord examine the costs and quality of private prisons, and Bruce Benson argues that prison privatization be instituted in concert with certain aspects of the criminal justice system.
Micro Economics
None
Illegal Markets and the Economics of Organized Crime
This book showcases recent advances in the theoretical and empirical understanding of the economic aspects of organised crime and illegal markets. It provides new insights into defining and quantifying the influence of organised crime by drawing on innovative approaches to studying criminal networks and organisations such as the Hells Angels. The book includes analysis of the structure of illegal drug markets from international leaders in the field. Finally the text includes empirical case studies of the diverse markets where organised crime is currently active including the illegal market for crystal methamphetamine in Australia, tiger products in China and the falcon and fur trades in Russia. This book was based on a special issue of Global Crime.
Financial Institutions and Services
Book & Computer Disk. This book examines international aspects of financial institutions as well as their economic performance and development. Emphasis is placed on transition economics as well as Developing Countries. Issues within the scope of this new book include: financial reporting, efficiency of financial institutions, Middle-East financial institutions, money market liquidity, economic performance, risk capital allocation, financial market soundness, instability, devaluations, capital flight and related issues, including governance.
Contemporary and Emerging Issues in Trade Theory and Policy
Part of the "Frontiers in Economics & Globalization" series, this book deals with a range of trade and development issues in terms of the general equilibrium structure. It shows how neo-classical models of trade theory can be used to highlight many challenging global problems.
Entrepreneurship and Economic Progress
Entrepreneurship is the engine of economic progress, but mainstream economic models of economic growth tend to leave out the entrepreneurial elements of the economy. This new book from Randall Holcombe begins by identifying areas in which evolutionary and Austrian approaches differ from the academic mainstream literature on economic growth, before moving on to distinguish growth from progress. The author then analyzes economic models of the firm based on the idea that it is entrepreneurship that drives economic progress. The book should prove to be a natural successor to recent Routledge books by Frederic Sautet and David Harper.
A Retrospective on the Classical Gold Standard, 1821-1931
This is a timely review of the gold standard covering the 110 years of its operation until 1931, when Britain abandoned it in the midst of the Depression. Current dissatisfaction with floating rates of exchange has spurred interest in a return to a commodity standard. The studies in this volume were designed to gain a better understanding of the historical gold standard, but they also throw light on the question of whether restoring it today could help cure inflation, high interest rates, and low productivity growth. The volume includes a review of the literature on the classical gold standard; studies the experience with gold in England, Germany, Italy, Sweden, and Canada; and perspectives on international linkages and the stability of price-level trends under the gold standard. The articles and commentaries reflect strong, conflicting views among hte participants on issues of central bank behavior, purchasing-power an interest-rate parity, independent monetary policies, economic growth, the "Atlantic economy," and trends in commodity prices and long-term interest rates. This is a thoughtful and provocative book.
Traded and Non-traded Services
The service sector is steadily growing as services that previously were undertaken within the family unit, now show up in social accounts as health care, education and public sector services. Technological changes make possible a process of intermediation in service activities, a separation in space or time of the recipient of services from the original producer, and the increase of v̀€alue-added' services. This conference met to discuss implications of the growing service sector, with the larger goal of identifying frameworks for policies to support an efficient and expanding system for production and exchange of services domestically and internationally.
Learning about Schools
Identifies the characteristics associated with good schools such as principals who display strong leadership and know what is happening in their schools, teachers who share a common purpose, are themselves actively engaged in learning, and teachers who encourage student questions and show they value the answers.
