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Books > Business & Economics > Economics > Microeconomics > Domestic trade
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Cassidy
(Paperback)
How Markets Fail
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R526
R491
Discovery Miles 4 910
Save R35 (7%)
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Ships in 10 - 15 working days
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This lively book takes Oklahoma history into the world of Wild West
capitalism. It begins with a useful survey of banking from the
early days of the American republic until commercial patterns
coalesced in the East. It then follows the course of American
expansion westward, tracing the evolution of commerce and banking
in Oklahoma from their genesis to the eve of statehood in 1907.
"Banking in Oklahoma before Statehood "is not just a story of men
sitting behind desks. Author Michael J. Hightower describes the
riverboat trade in the Arkansas and Red River valleys and
freighting on the Santa Fe Trail. Shortages of both currency and
credit posed major impediments to regional commerce until
storekeepers solved these problems by moving beyond barter to open
ad hoc establishments known as merchant banks.
Banking went through a wild adolescence during the territorial
period. The era saw robberies and insider shenanigans, rivalries
between banks with territorial and national charters, speculation
in land and natural resources, and land fraud in the Indian
Territory. But as banking matured, the better-capitalized
institutions became the nucleus of commercial culture in the
Oklahoma and Indian Territories.
To tell this story, the author blends documentary historical
research in both public and corporate archives with his own
interviews and those that WPA field-workers conducted with
old-timers during the New Deal. Bankers were never far from the
action during the territorial period, and the institutions they
built were both cause and effect of Oklahoma's inclusion in
national networks of banking and commerce. The no-holds-barred
brand of capitalism that breathed life into the Oklahoma frontier
has remained alive and well since the days of the fur traders. As
one knowledgable observer said in the 1980s, "You've always had the
gambling spirit in Oklahoma."
In this book, leading experts in the field examine the effects of
the recent growth in concentration in the European food retailing
sector. In particular, the book develops a number of buyer power
propositions and builds on the previous work of several of the
authors, to consider how the growth of large supermarket chains
affects competition in food retailing. The authors outline the
theoretical and policy analysis underpinning the work and assess
evidence on the size and growth of supermarket chains across the
EU. Whilst not entirely critical, they suggest that there is strong
evidence in some countries that supermarkets use their buying power
to impose unfair terms and conditions on suppliers, particularly
affecting small suppliers. The authors use case studies, to provide
an in-depth analysis of four European countries, namely France,
Germany, Spain and the UK. The book ends with a discussion of
policy issues against a backdrop of likely future trends in
concentration in this area. Academics working in the areas of
microeconomics and industrial economics as well as those involved
in European competition policy more generally, such as lawyers,
civil servants and consultancy groups, will find this volume
enlightening.
This outstanding collection charts the work of Jan Fagerberg on the
relationship between technology, growth and international
competitiveness. With an original introduction and a mix of
previously published and unpublished material, the book covers all
the main issues including: the technology gap and differences of
growth and welfare; structural factors in the growth of exports and
production, and the relationship between growth of GDP and trade
performance. The final chapter presents a comprehensive overview of
the theoretical and applied work on technology and competitiveness.
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