This book explores the relationships between European integration and material infrastructures. Taking transnational infrastructures as the focal point of study, the book focuses on the various forms of mediation between the material, institutional and discursive levels of European integration and fragmentation in a truly transnational perspective.

In attaining economic globalization, China needs world economy, world economy also needs China. This book outlines the foundation of an analytically oriented public finance that intends to promote sound development of China, and discusses various contemporary topics, including the impacts of the tradition, the mechanisms of economic policies and operations, the modernization perspective and international trade conflict, as well as current rural issues and the legal environment in China. The book focuses on explaining China's special phenomena, and trying to provide answers to questions on 'why'. The intent of this book is to share the knowledge and experience that author has gained from working in China and the United States of America and to serve as an intellectual bridge for global investors, economists and market watchers in general to understand China better. "This Book is the story of an economic revival unlike anything seen before. It is the story of a "Mixed Economic System" that to date has achieved remarkable economic gains. It is a story of how directed investment with a purpose which combines Government to kick start free enterprise can work. It is also a story of trial and error and practical applications of capital flows based on measured results. It is a story that accentuates the value of pragmatism and flexibility to change course instead of slavish adherence to ideology. It is also a story of how much more needs to be done to spread the economic resurgence across all segments of the population and all regions of the Country. The Book is a "must study" for graduate students in economics and finance." A. Robert Abboud, former Chairmen of the First National Bank of Chicago, Chairman of First City Bank of Texas and President of Occidental Petroleum.

This pioneering book provides the first systematic historical analysis of occupational and social mobility in England. Using a collection of over 10,000 marriage certificates to examine inter-generational change, and almost 500 autobiographical texts and abstracts to explore the dynamics of career mobility, it shows how the development of the nineteenth-century economy was accompanied by rising rates of mobility, which made English society more 'open' while at the same encouraging a distinct process of working-class formation.

Historically, Spain has often been represented as a financial failure, a state limited by its absolutist monarchy and doomed to fiscal and financial failure without hope of lasting growth. The collapse of the Spanish state at the beginning of the nineteenth century would seem to bear out this view of the limitations of Spain's absolutist state, and this historical school of thought presents the eighteenth century as the last episode in a long history of decline that is directly linked to the failure of the sixteenth-century Spanish imperial absolutist monarchy. This study provides a different perspective, suggesting that in fact during the eighteenth century, Spain's fiscal-military state was reconstructed and grew. It shows how the development of the Spanish fiscal-military state was based on different growth factors to those of the sixteenth and seventeenth centuries; and that with this change, most of the state's structure and its relationship with elites and taxpayers altered irrevocably. In the ceaseless search for solutions, the Spanish state applied a wide range of financial and fiscal policies to expand its empire. The research in this book is inspired by current historical discussions, and provides a new perspective on the historical debate that often compares English 'success' with continental 'failure'.

This collection describes the changing structure of jobs during the period of robust employment expansion that preceded the 2008 financial crisis. It also provides an analysis of labour market developments in the EU and the US in terms of gender, international mobility and debates over the quality of work.

Henry George was the greatest, most famous and most rejected of early American economists. Without formal education he trained himself in classical economics and developed a theory of a "single tax" suggestive of the work of the earlier French "economistes." Academic economists of his day rejected his work, but it enjoyed great public popularity in the United States, Europe, Australia and other places. He was more widely read than any other early American economist. History has seen his rehabilitation at the hand of modern economists who have reviewed and analyzed his work in great detail. There is much specialized literature on many specific facets and aspects of George's work, but we lack a book which provides an overview of George's economics and of this historic rehabilitation. This brief book attempts to fill that gap.

The leading professional accounting bodies in Britain today boast more than a quarter of a million qualified members and accountants are moving into top management positions in increasing numbers. Accountants have become the foremost professional grouping in British business management. The Priesthood of Industry documents the rise of the accountancy profession, from the handful of accountants listed in the trade directories of the major cities in the late-eighteenth century to the huge commercially-oriented firms of the late-twentieth century. The authors focus on the individual: the professional accountant, and adopt an economic determinist analysis to explain the rise of public practice and the transfer of staff to industry in increasing numbers. They also consider the routes through which this transfer of skills took place, and identify demand and supply side factors to explain the professional accountant's present hegemony in business management.

The book Southwest China in Regional and Global Perspectives (c. 1600-1911) is dedicated to important issues in society, trade, and local policy in the southwestern provinces of Yunnan, Guizhou and Sichuan during the late phase of the Qing period. It combines the methods of various disciplines to bring more light into the neglected history of a region that witnessed a faster population growth than any other region in China during that age. The contributions to the volume analyse conflicts and arrangements in immigrant societies, problems of environmental change, the economic significance of copper as the most important "export" product, topographical and legal obstacles in trade and transport, specific problems in inter-regional trade, and the roots of modern transnational enterprise.

Mining, Monies, and Culture in Early Modern Societies explores substantial and methodological issues in the early modern history of mining for monetary metals and monies of Japan, China, and Europe. The largest group in the thirteen articles presents empirical research on mining, metallurgy, and metals trade in the context of global trade systems. Another group focuses on the effects of money in government and everyday life. Several articles investigate scroll paintings and material remains as sources for the history of technology, or apply Geographic Information Systems to the analysis of spatial dimensions of mining areas.

In little more than a generation, Asia has emerged from centuries of stagnation to become the rising force of the global economy. This transformation has been so spectacular that some have called it a miracle. How did it happen? Taking the reader from the docksides of Korea to the halls of India's finance ministry, The Miracle details the courageous decisions and heroic self-sacrifice that made Asia's ascent possible. Spanning nine countries and probing major historical currents, this account illuminates not only Asia's extraordinary economic rise but also how its causes might emancipate the developing world from poverty and guide the developed world to further prosperity.

Using more than a decade of reporting and analysis, Time magazine and former Wall Street Journal reporter Michael Schuman uncovers how outsourcing to Asia began; how Asia's most famous companies, such as Sony and Honda, became global corporations; and how technological changes and global economic shifts made Asia's boom possible. He reveals the compelling human side to this economic story, introducing readers to the political strongmen, entrepreneurs, and policymakers who made the Miracle a reality. This engaging historical narrative brings to life the ideas and actions of a diverse group of Asians--dictators and democrats, generals and technocrats, economists and engineers.

Some of the characters in the book have captured the global imagination for years, such as China's reformer Deng Xiaoping and Sony founder Akio Morita. Others are less well known, including Park Chung Hee, Korea's tightfisted nation builder; Liu Chuanzhi, the risk-taking founder of PC maker Lenovo; and Azim Premji, the mastermind behind Wipro, one of India's technology giants. All of them shared a dream--to elevate Asia to its proper place of influence in the world and eradicate the poverty around them.

The Miracle not only offers profound insight into Asia and its increasing wealth and power; it also reveals how these seismic shifts continue to reverberate through the global economy. The implications of Asia's economic ascent for the rest of the world are surprising, promising, and inspiring. Readers of The Miracle will gain a deep understanding of Asia's place in the global economy--and of their own.

What is science? How is it performed? Is science only a method or is it also an institution? These are questions at the core of Managing Science, a handbook on how scientific research is conducted and its results disseminated. Knowledge creation occurs through scientific research in universities, industrial laboratories, and government agencies. Any knowledge management system needs to promote effective research processes to foster innovation, and, ultimately, to channel that innovation into economic competitiveness and wealth. However, science is a complicated topic. It includes both methodological aspects and organizational aspects, which have traditionally been discussed in isolation from each other. In Managing Science, Frederick Betz presents a holistic approach to science, incorporating both philosophical and practical elements, in a framework that integrates scientific method, content, administration and application. Illustrating all of the key concepts with illustrative case studies (both historical and contemporary, and from a wide spectrum of fields), Betz provides in-depth discussion of the process of science. He addresses the social, organizational, institutional, and infrastructural context through which research projects are designed and their results applied, along the path from experimentation to innovation to commercialization of new products, services, and processes. This practical approach to science is the foundation of today's knowledge-intensive and technology-enabled industries, and positions the management of science within the broader context of knowledge management and its implications for organizations, industries, and regional and national technology management policies. Managing Science will be an essential resource for students in all areas of research, industry scientists and R&D specialists, policymakers and university administrators, and anyone concerned with the application of research to economic growth and development.

Since its inception in the late 19th century, Britain's mail order industry both exploited and generated social networks in building its businesses. The common foundation of the sector was the agency system; Sales were made through catalogs held by agents, ordinary people in families, neighborhoods, pubs, clubs and workplaces. Through this agency system mail order firms in Britain were able to tap social networks both to build a customer base, but also to obtain vital information on credit worthiness.
In this, the first comprehensive history of the British mail order industry, the authors combine business and social history to fully explain the features and workings of this industry. They show how British general mail order industry firms such as Kay and Co., Empire Stores, Littlewoods, and Grattan grew from a range of businesses as diverse as watch sales or football pools. A range of business innovations and strategies were developed throughout the twentieth century, including technological development and labor process rationalization. Indeed, the sector was in the vanguard of many aspects of change from supply chain logistics to computerization. The social and gender profile of the home shopper also changed markedly as the industry developed. These changes are charted, from the male-dominated origins of the industry to the growing influence of women both within the firm and, more importantly, as the centre of the mail order market. The book also draws parallels and contrasts with the much more widely studied mail order industry of the United States.
The final section of the book examines the rise of internet shopping and the new challenges and opportunities it provided forthe mail order industry. Here the story is one of continuity and fracture as the established mail order companies struggle to adjust to a business environment which they had partly created, but which also rested on a new range of core competencies and technological and demographic change.

No one has done more to emphasise the significance of the land in early modern England that Joan Thirsk, whose writings are both an important contribution to its history and point the way for future research. The subjects of this collection include the origin and nature of the common fields, Tudor enclosures, the Commonwealth confiscation of Royalist land and its subsequent return after the Restoration, inheritance customs, and the role of industries in the rural economy, among them stocking knitting.

Crossing Cultural Boundaries in East Asia and Beyond explores the personal complexities and ambiguities, and the successes and failures, of crossing borders and boundaries. While the focus is on East Asia, it universalizes cultural anxieties with comparative cases in Russia and the United States. The authors primarily engage the individual experiences of border-crossing, rather than more typically those of political or social groups located at territorial boundaries. Drawing on those individual experiences, this volume presents an array of attempts to negotiate the discomforts of crossing personal borders, and attends to the intimate experiences of border crossers, whether they are traveling to an unfamiliar cultural location or encountering the "other" in local settings such as the classroom or the coffee shop.

This book demonstrates that during Japan's early modern Edo period (1603-1868) an ethical code existed among the merchant class comparable to that of the well-known Bushido. There is compelling evidence that contemporary merchants, who were widely and openly despised as immoral by the samurai, in fact acted in highly ethical ways in accordance with a well-articulated moral code. Japanese society was strictly stratified into four distinct and formally recognized classes: warrior, farmer, craftsman and merchant. From the warriors' perspective, the merchants, at the base of the social order, had no virtue, and existed only to skim profits as middlemen between producers and consumers. But were these accusations correct? Were the merchants really unethical beings who engaged in unfair business practices? There is ample evidence that negates the ubiquitous slanders of the warrior class and suggests that merchants - no less than the warriors - possessed and acted in accordance with a well-developed ethical code, a spirit that may be called shonindo or "The Way of the Merchant." This book examines whether a comparison of shonindo, depicting the ethical point of view of the merchant class, and Bushido, embodying that of the warrior class, reveals that shonindo may have in fact surpassed Bushido in some aspects. Comparing contemporarily published historical documents concerning both shonindo and Bushido, as well as Inazo Nitobe's classic work Bushido: The Soul of Japan, published in 1900, the author examines how Bushido surpassed shonindo in that warriors were willing to die for their strict ethical code. Shonindo, however, may have surpassed Bushido in that merchants were liberal, willing to expand and extend application of their ethical beliefs into all aspects of everyday life for the overall benefit of society. This ethical code is compared with that of the conservative Bushido, which demonstrably proved not up to the task for the modernization and improved well-being of Japan. Ichiro Horide is professor emeritus of Reitaku University. Edward Yagi (Reitaku University) and Stanley J. Ziobro II (Trident Technical College) collaborated in the translation of the original Japanese manuscript into English.

Since the collapse of the USSR there has been a growing interest in the Stolypin Land Reform as a possible model for post-Communist agrarian development. Using recent theoretical and empirical advances in Anglo-American research, Dr Pallot examines how peasants throughout Russia received, interpreted, and acted upon the government's attempts to persuade them to quit the commune and set up independent farms. She shows how a majority of peasants failed to interpret the Reform in the way its authors had expected, with outcomes that varied both temporally and geographically. The result challenges existing texts which either concentrate on the policy side of the Reform or, if they engage with its results, use aggregated, official statistics which, this text argues, are unreliable indicators of the pre-revolutionary peasants reception of the Reform.

Arguing that Britain's sterling policy had a significant impact on its colonial economic policy, this book focuses on the connection between Britain's sterling and balance of payments policy, colonial economic policy, and the British government's decision to transfer power to colonial peoples. The volume considers such factors as sterling policy and the state of the British economy, U.S. and Western European pressure for multilateralism in Britain's trade and commercial policy, the movement toward independence in colonial territories, and the cost of financing colonial development and welfare. The book argues that in the postwar years the assumptions guiding British policies for colonial political reform were undermined by postwar developments in Ghana, Nigeria, and the Malayan Federation--the three greatest dollar-earning colonies. As these colonies moved toward independence, their demands for development finance forced Britain to face the prospect of meeting such demands at great costs when the expenditure could not be justified. Britain extricated itself from this dilemma by transferring power to colonial peoples.

Alfred Marshall and Modern Economics demonstrates that it is possible to take Marshall's theoretical insights in two distinctly different directions: one is to reject evolution and go down the equilibrium path, while the second is to reject equilibrium and go down the evolutionary path. Neil Hart re-examines Marshall's legacy and relevance to modern economic analysis with the more settled conventional wisdom concerning evolutionary processes allowing advances in economic theorising which were not possible in Marshall's life time. A more theoretically coherent and relevant approach to modern economic analysis is proposed by connecting aspects of Marshall's revitalised evolutionary economics with Post-Keynesian theories, in a manner which parallels Marshall's endeavour to maintain a unity between value theory and explanations of industry organisation and economic development. This book will be essential reading for all researchers and students interested in the history of economic thought.

Praise for The Go-Go Years

"Those for whom the stock market is mostly a spectator sport will relish the book’s verve, color, and memorable one-liners."—New York Review of Books

"Please don’t take The Go-Go Years too much for granted: as effortlessly as it seems to fly, it is nonetheless an unusually complex and thoughtful work of social history." —New York Times

"Brooks’s great contribution is his synthesis of all the elements that made the 1960s the most volatile in Wall Street history . . . and making so much material easily digestible for the uninitiated."—Publishers Weekly

"Brooks . . . is about the only writer around who combines a thorough knowledge of finance with the ability to perceive behind the dance of numbers ‘high, pure, moral melodrama on the themes of possession, domination, and belonging.’" —Time

This is definitive take on the wildest story of the year- the David-vs.-Goliath GameStop short squeeze, a tale of fortunes won and lost overnight that may end up changing Wall Street forever. Bestselling author Ben Mezrich offers a gripping, beat-by-beat account of how a loosely affiliate group of private investors and internet trolls took down one of the biggest hedge funds on Wall Street, firing the first shot in a revolution that threatens to upend the financial establishment. It started on a subreddit forum called WallStreetBets - a meme-filled, freewheeling place where a disparate group of investors shared their shoot-the-moon investment tips, laughed about big losses, and posted diamond hand emojis. Until some members noticed an opportunity in Game Stop - a flailing bricks and mortar video-game retailer - and somehow rode a rocket ship to tens of millions of dollars in earnings overnight, simultaneously triggering unfathomable losses for one of the most respected funds on the street. In thrilling, pulse-pounding prose, THE ANTISOCIAL NETWORK offers a fascinating, never-before-seen glimpse at the outsize personalities, dizzying swings, corporate drama, and underestimated American heroes and heroines who captivated the world during one of the most volatile weeks in financial history. It's the amazing story of what just happened-and where we go from here.

"Spanish Money and Banking" provides new insights into recent advances in financial and monetary history and theory, and demonstrates the significance of Spain to modern banking, monetary, and development theory. Using a comparative approach, it brings together a substantial amount of research carried out in Spain and abroad. It also contributes to scholarly debates on aspects of monetary and banking history, topics such as free vs regulated banking, metallic vs fiduciary money, specialized vs universal banking, bank- vs market-led finance, banking repression vs liberalization, the contribution of banking and money to growth, and the role of the state in financial and economic development. It also shows how financial and monetary mismanagement contributed to the decline of Spain in the early modern era, and how the development of the banking sector later on contributed to the first stirrings of development in modern Spain, especially in the 20th century, throwing light as well on the causes of the recent European crisis and the part Spain played in it.

Many books on the 2008 financial crisis and the current recession focus on the financial sector. Unlike them, this book takes the real economy as the starting point and it situates the downturn within the societal context over the last several decades. Important elements of the story include global manufacturing overcapacity and declining profitability, failure of advanced industrial economies to make a quantum jump in discoveries and innovations across a broad range of technologies, ascent of neo-liberalism after the fall of the Berlin Wall, the Asian financial crisis, the Japanese "lost decade", and the dot-com boom. This provides the backdrop of the birth of a market society, deregulation, easy credit, and financial excesses.The financial crisis reveals much that has gone astray in the business world over the last few decades - short term thinking, manipulation of figures and image management at the cost of the basics. The financial sector has become an arena for accounting shenanigans and corporate skullduggery. It is also a symptom of deeper social and cultural change. Crisis of a very serious nature functions as a cleansing exercise. Already we have seen debates which re-examine values and ideas, state policy and business practices. If the world could rise to the challenge, history will view the crisis as a blessing in disguise and thus render it in positive terms.

Why the Bubble Burst provides a comprehensive look at the most dramatic run-up in equity values in US history. Lawrance Evans takes the reader from theory to empirics, illustrating why we need to go beyond the efficient markets hypothesis and the theory of domestic irrational exuberance to fully unpack the unprecedented phenomenon, why the market was destined for a major decline and why the fallout will be severe and protracted. Quantitative evidence suggests that mutual funds, international portfolio flows, and the decline in the amount of corporate equity outstanding all played an integral role in the stock market boom. These ingredients in the context of a supply and demand based theory of equity price determination indicate that supply and demand forces unrelated to corporate profitability elevated US equity valuations to unsustainable levels. The author's conclusions carry implications for economic theory and policy, retirement security and stock market investments in general. Economists, finance professionals and policymakers will find this volume a unique investigation into the stock market boom and bust.

A focus on the economic and social problems in Ukraine, particularly during the war years, and the collectivization of agriculture in Western Ukraine in the late 1940s. It compares this with the imposition of the Stalinist system in Eastern Ukraine in the 1930s using a wide variety of Soviet archival information and historical works from the 1940s onwards.;The author has also written: "Chernobyl and Nuclear Power in the USSR", "The Soviet Impact of the Chernobyl Disaster", "Ukraine under Perestroika: Ecology, Economics and the Workers' Revolt". He is also the author of articles in Soviet Studies, Current History, Nationalities Papers, Canadian Slavonic Papers and Soviet Economy.

The Emergence of Modern South Africa views economic conflict, specifically the interaction of the state, big business, and labor, as the central issue in the development of South Africa. Yudelman focuses on the labor-management conflict in the country's gold fields in the early decades of this century, a time and place critical to the development of the state. At that time government walked a tightrope between supporting big business (to ensure economic growth) and appeasing the workers (to remain in power). Yudelman demonstrates how a symbiotic alliance between the mining companies and the state successfully subjugated the workers, and points out that this unique relationship continues to this day, dominating every aspect of life in South Africa. David Yudelman's historical analysis and lengthy epilogue on the 1970s and 1980s shed light on today's economic unrest and those conflicts to come. His book also shows how the South African case provides early and important insights into the development of the state-business symbiosis in industrial societies everywhere.