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Books > Business & Economics > Economics > Microeconomics > Domestic trade
Gene Grossman and Elhanan Helpman are widely acclaimed for their
pioneering theoretical studies of how special interest groups seek
to influence the policymaking process in democratic societies. This
collection of eight of their previously published articles is a
companion to their recent monograph, "Special Interest Politics."
It clarifies the origins of some of the key ideas in their
monograph and shows how their methods can be used to illuminate
policymaking in a critical area.
Following an original introduction to the contents of the book
and its relationship to "Special Interest Politics," the first
three chapters focus on campaign contributions and candidate
endorsements--two of the tools that interest groups use in their
efforts to influence policy outcomes. The remaining chapters
present applications to trade policy issues. Grossman and Helpman
demonstrate how the approaches developed in their monograph can
shed light on tariff formation in small and large countries, on the
conduct of multilateral trade negotiations, and on the viability of
bilateral free trade agreements. They also examine the forms that
regional and multilateral trade agreements are likely to take and
the ways in which firms invest abroad to circumvent trade barriers
induced by political pressures.
The articles collected in this volume are required reading for
anyone interested in international relations, trade policy, or
political economy. They show why Grossman and Helpman are global
leaders in the fields of international economics and political
economy.
"God's Plagiarist" is an entertaining account of the abbe
Jacques-Paul Migne, one of the great entrepreneurs of the
nineteenth century. A priest in Orleans from 1824 to 1833, Migne
then moved to Paris, where, in the space of a decade, he built one
of the most extensive publishing ventures of all time.
How did he do it?
Migne harnessed a deep well of personal energy and a will of iron
to the latest innovations in print technology, advertising, and
merchandising. His assembly-line production and innovative
marketing of the massive editions of the Church Fathers placed him
at the forefront of France's new commerce. Characterized by the
police as one of the great "schemers" of the century, this
priest-entrepreneur put the most questionable of business practices
in the service of his devotion to Catholicism.
Part detective novel, part morality tale, Bloch's narrative not
only will interest scholars of nineteenth-century French
intellectual history but will appeal also to general readers
interested in the history of publishing or just a good historical
yarn.
"An unforgettable, Daumier-like portrait, sharp and satirical, of
this enterprising, austere and somewhat crazed merchandiser of
sacred learning. . . . Bloch deserves great credit for the wit and
style of his effort to explore the Pedantic Park of
nineteenth-century learning, that island of monsters which scholars
have found, as yet, no escape."--Anthony Grafton, "New Republic"
"Bloch is an exhilarating guide to the methods which made Migne the
Napoleon of the Prospectus, a publicist of genius, Buffalo Bill and
P.T. Barnum rolled into one."--David Coward, "Times Literary
Supplement"
"Mercifully, Bloch's sense of humour has none of that condescending
mock-bewilderment commonly applied to the foreign or ancient. . . .
It enables Bloch to promote Migne as a forerunner of the department
store and to place him on a continuum running from St. Paul to the
Tupperware party: the quality of the merchandise is increasingly
irrelevant, still more the nature of its contents."--Graham Robb,
"London Review of Books"
This book explores the history of private internal trade in the
USSR during the NEP of the 1920s. Private traders operated in a
politically hostile but economically promising environment. Their
contribution to post-war reconstruction was a crucial one. An
exhaustive portrayal of the markets and dimensions of private trade
is contrasted with the felt anxieties of Bolsheviks concerning
traders' destabilising intentions and abilities. Retrospectively,
many of these apprehensions were misplaced.
This text covers such topics as value, money, agriculture, domestic
and foreign trade, war, labor, interest rates, luxuries, and the
various government policies that affect these subjects.The theme
that unites these disparate subjects is liberty.
As Condillac writes near the end of the work, the means to
eradicate all the abuses and injustices of government is "to give
trade full, complete and permanent freedom." In their preface to
the 1997 edition, Shelagh and Walter Eltis wrote, "English language
readers . . . will find . . . that the case for competitive market
economics has rarely been presented more powerfully."
Etienne Bonnot, Abbe de Condillac (1714-1780) was one of
eighteenth-century France's preeminent philosophers of the
Enlightenment, who had wide-ranging influence beyond metaphysics
and epistemology to political thought and economics. He was a
leading advocate in France of the ideas of John Locke, Bishop
George Berkeley, and David Hume.
Shelagh Eltis is a historian and graduate of Somerville College,
Oxford, U.K.
Walter Eltis is an Emeritus Fellow of Exeter College, Oxford, and
Visiting Professor of Economics at the University of Reading, U.K.
This book contains sisteen essays which explore comprehensively and
systematically the ways and means of facilitating cooperation in
ESAS in the era of globalization.
The dramatic evolution of financial markets in the 1980s and 1990s,
accompanied by increasing institutional integration between nations
(most notably in the EU), have fostered a widespread belief that
governments - particularly those of small economies - have
essentially lost the power to pursue sovereign, independent
economic policies. At the same time, it is widely assumed that the
loss of monetary-policy control is a major opportunity cost for a
country adopting a rigid exchange-rate regime or, in the European
context, for countries joining the EMU. This book sheds light on
these arguments by examining the relationship between the
international integration of domestic money markets and the degree
of monetary-policy independence in eleven small, open economies in
Europe. The authors address these important issues in the context
of a broad-based historical analysis of market formation and
growth, exchange-rate policies and deregulation. They find that
political motives, in conjunction with competitive forces, path
dependence and institutional factors, are a major determinant of
market development. Moreover, they reveal that credible commitment
to a stability goal is a far more reliable predictor of
monetary-policy autonomy than the adoption of a specific
exchange-rate regime. This accessible investigation of the
relationship between domestic money-market development,
international financial integration and the monetary-policy options
available to small, open economies will be welcomed by students and
researchers of macroeconomics, financial economics and political
economy. The extensive empirical research and original conclusions
will also be of interest and benefit to corporate decisionmakers,
bankers, policymakers and regulators.
Dollar Shave Club and its hilarious marketing. Casper mattresses
popping out of a box. Third Love's lingerie designed specifically
for each woman's body. Warby Parker mailing you five pairs of
glasses to choose from. You've seen their ads. You (or someone you
know) use their products. Each may appear, in isolation, as a rare
David with the bravado to confront a Goliath, but taken together
they represent a seismic shift in a business model that has lasted
more than a century. As Lawrence Ingrassia - former business and
economics editor and deputy managing editor at the New York Times -
shows in this timely and eye-opening book, a growing number of
digital entrepreneurs have found new and creative ways to crack the
code on the bonanza of physical goods that move through our lives
every day. They have discovered that manufacturing, marketing,
logistics, and customer service have all been flattened - where
there were once walls that protected big brands like Gillette,
Sealy, Victoria's Secret, or Lenscrafters, savvy and hungry
innovators now can compete on price, value, quality, speed,
convenience, and service. Billion Dollar Brand Club reveals the
world of the entrepreneurs, venture capitalists, and corporate
behemoths battling over this terrain. And what fun it is. It's a
massive, high-stakes business saga animated by the personalities,
flashes of insight, and stories behind the stuff we use every day.
The rapidly changing and evolving art market might appear to be
chaotic to the casual observer, with new highs, potential lows, and
tastes and fashions changing season to season. Economists, however,
view the actions of buyers and sellers as constituting an
identifiable market. They have, for some decades, studied such
issues as artistic productivity and "death effects" on prices,
investment returns, and on the basis of the behavior and estimated
prices in auction markets. The Economics of American Art analyzes
the most pervasive economic issues facing the art world, applied to
the whole spectrum of American art. The book begins by looking at
how a market for American art developed, how the politics of the
post-war era shaped, at least in large part, the direction of
American art, and how this legacy continues into contemporary art
today. The book then tackles several salient, integral questions
animating the American art world: Are age and "type" of artist
(i.e. traditional or "innovative") related and, if so, how might
they be related to productivity? Is investment in American art a
remunerative endeavor compared to other investment possibilities?
Do economic insights provide understanding of fakes, fraud and
theft of art, particularly American art, and is it possible to
prevent art crime? Is there is a boom (or a bust) in the market for
contemporary American art as might be found in other markets? The
ongoing evolution of American art is attended by a massive number
of influences, and the economic concepts employed in this volume
will complement other critical and important cultural studies of
art. Both practical and accessible, The Economics of American Art
will be essential for collectors, auction houses, American art
experts of all kinds, museums, gallery owners and, not least, by
economists with continuing scholarly interests in these matters.
This is the 16th edition of the classic text on the UK economy,
originally edited by Prest and Coppock. Comprehensively rewritten
and updated at frequent intervals, The UK Economy has become
acknowledged as one of the most systematic, up to date, and
balanced assessments of British economic life. Written by a team of
specialist economists and edited for the second time by Malcolm
Sawyer, it combines factual information and informed analysis in
the single most accessible guide to the character, problems, and
performance of the British economy.
Each chapter is written by an expert contributor. For this new
edition all of the chapters have been carefully updated to include
new data and analysis, ensuring that book remains fully up to date,
and continues to provide an excellent introduction to the UK
economy in its domestic, EU and global context.
This new edition will have a companion web site containing
Powerpoint slides for lecturers, annotated web links and a brief
commentary on useful web sites. The site will be updated twice a
year to provide new statistics and information regarding policy
changes. The site will also contain material that contributors were
unable to include in their chapters.
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