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Books > History > History of specific subjects > Economic history
This book clarifies the challenges and outcomes of the Sunshine Project, a national project in Japan for developing new energy that was launched about 40 years ago at the time of the first oil crisis in the early 1970s and ended, as planned, in the early 2000s. The Sunshine Project was the government's national project for developing new energy technologies such as solar energy and other natural energy sources-what we call renewable energy today. The book considers why policies were successful in some areas but did not have the intended effect in other areas. It explains how technology innovation was employed to achieve energy policy goals and to tackle environmental issues. If we can present suggestions for how to structure national projects, it may also be possible to identify ways for industry, government, and academia to come together to find solutions not only to environmental energy problems, but also to other social problems. Herein lies the goal of this book. Although the development of new energy is the main subject of the book, the author also scrutinizes the governmental decision-making process involved in planning policy, the creative process, and the design of systems of collaboration between industry, government, and academia as well as cases where corporations have developed commercial versions of new energy products. The main part of the book consists of three case studies interspersed with two reflective chapters. The first case study describes the Sunshine Project from the perspective of project management based on the perspective of government. The second case study is a detailed examination of the routines in all organizations, whether industry, government, or academia, and of the autonomy of the project organization. The third case study increases the degree of detail to focus on the smallest unit of analysis, the intentions and motivations of key individuals participating in the project.
The University of Oxford has been and continues to be one of the most important global centres for economics. With six chapters on themes in Oxford economics and 24 chapters on the lives and work of Oxford economists, this volume shows how economics became established at the University, how it produced some of the world's best-known economists, including Francis Ysidro Edgeworth, Roy Harrod and David Hendry, and how it remains a global force for the very best in teaching and research in economics. With original contributions from a stellar cast, this volume provides economists - especially those interested in macroeconomics and the history of economic thought - with the first in-depth analysis of Oxford economics.
This book provides the first comprehensive study of the 'special relationship' between Southern Rhodesia and South Africa. While most studies approach this from the history of British and South African relations or the history of South African territorial expansion, this book offers new insights by examining Southern Rhodesia's relations with South Africa from the former's perspective. Exploring relations through the lens of settler colonialism, the book argues that settler colonialism in the region was marked by a competitive and antagonistic relationship between settler communities, particularly Afrikaner and English communities. The book explores the connections between these countries by examining (high) politics, economic links, and social and cultural ties, highlighting both instances of competition and cooperation. Above all, it argues that economic ties were the cornerstone of the relationship and that these shaped the rest of the ties between the two countries. Drawing on archival records from Britain, South Africa and Zimbabwe, as well as a number of secondary sources, it offers a much more nuanced perspective of this relationship than has been previously offered.
Years before he became renowned as one of the most original social scientists of the twentieth century, Albert O. Hirschman played an active role in the rebuilding of postwar Europe. Between 1946 and 1952, he worked as an economic analyst in the Research Division of the Federal Reserve Board of the United States, focusing on the reconstruction of Europe and the Marshall Plan. In that capacity, Hirschman wrote a number of reports about European economic policies, the first efforts at intra-European cooperation, and the uncertainties that surrounded the shaping of a new international economic order with the United States at its core. The Postwar Economic Order presents a collection of these interrelated reports, which offer incisive firsthand analysis of postwar Europe and give a behind-the-scenes view of American debates on European economic recovery. They feature nuanced and sophisticated discussion of topics such as the postwar "dollar shortage," U.S.-European relations, and the first steps toward European economic integration. Hirschman provides original and perceptive interpretations of the struggles that European governments faced along their paths toward economic recovery. Throughout, Hirschman's stylistic gifts and characteristic ways of reasoning are on full display as he highlights the counterintuitive and paradoxical aspects of economic and political processes. Shedding new light on the origins of European economic cooperation, this book provides unparalleled insight into the development of Hirschman's thinking on economic development and reform.
In light of weak economic performances and rising income disparities across the developed world during the past decades, this book provides a comprehensive overview of secular stagnation theories in the history of economic thought and examines the role of income distribution in various stagnation hypotheses. By offering a historical perspective, from the classical economists to the most recent stagnation debate of the early twenty-first century, the author shows that most stagnation theories were developed in periods of high and/or rising income disparities. Eventually, it was Josef Steindl, one of the least recognized stagnationists in the history of economic thought, who put the distribution of income at the heart of his stagnation theory. While Josef Steindl focused on the nexus between the functional distribution of income and economic growth, this book includes the personal distribution of income in a Kaleckian-Steindlian model of economic growth and stagnation. In the model presented, the nexus between economic growth and the distribution of income is a priori uncertain, depending on the type of economic shock and the specific economic circumstances. The author also discusses various empirically oriented policy implications aimed at fostering both economic growth and a more equal distribution of income. This book appeals to scholars in economics and the history of economic thought interested in economic growth, secular stagnation, and income distribution.
For much of American history, large numbers of people claimed that money was a public good and asserted the right to shape money creation practices. If popular knowledge about money creation was once widely shared, how and why did it disappear? In this astute new work, Jakob Feinig shows how the relation between money users and money-issuing governments changed from British colonial North America to today's United States, discussing how popular movements reshaped money-creating institutions, and how their opponents attempted to silence them. He also reveals how monetary and political history unfolds in the tension between "moral economies of money" and "monetary silencing." Offering an introduction to money creation practices since the colonial era, the book enables readers to understand why most people are disconnected from knowledge about money creation today. At the same time, the book also allows readers to situate the recent prominence of Modern Monetary Theory (MMT) against a broader historical background. Historians of capitalism, economic and political sociologists, social theorists, anthropologists of money, and anyone seeking to understand monetary activism, will find this book helps to clarify present-day possibilities in light of historical processes.
Local Business Voice provides the first scholarly and systematic history of the Chambers of Commerce from early historical origins in the eighteenth century up to the present date. Based on new archival information, it provides exhaustive coverage of all UK and Irish chambers, as well as detailed examination of early Chambers in the U.S., including New York, Charleston, and Boston, and early Chambers in Quebec and Jamaica. The book traces the importance of early tax protests and anger as motivating forces through interrelation with the American Revolution. It traces the emergence of service bundles, such commercial arbitration, coffee and reading rooms, and information and consultancy services as critical to the Chambers' unique market position. Some of the services had a unique status as trust goods, exploiting the chambers' USP as high status mutual non-profit organisations. It demonstrates the challenges for the Chambers as independent voluntary bodies in increasing partnerships with governments and competition with rival institutions, and also gives critical overview of key lobbies, such as over the Jay Treaty, tax expansion, the Corn Laws, tariff reform and free trade, municipal socialism, and modern regulatory burdens. There is also extensive analysis of chamber membership and motivation, tracking changes in structure by firm size, sector and corporate and management structures. The growth of small firm membership, and the value of business networks and (in the early chambers) religious adherence, are shown as key mediums for recruitment, and maintaining commitment. A definitive account of all local chambers including data appendices and detailed assessment of their significance, the book will be an enduring resource and foundation for research into the Chambers of Commerce's origins, historical development, and modern position.
This book investigates the place and meaning of consumption in Jewish lives and the roles Jews played in different consumer cultures in modern Europe and North America. Drawing on innovative, original research into this new and challenging field, the volume brings Jewish studies and the history and theory of consumer culture into dialogue with each other. Its chapters explore Jewish businesspeople's development of niche commercial practices in several transnational contexts; the imagining, marketing, and realization of a Jewish national homeland in Palestine through consumer goods and strategies; associations between Jews, luxury, and gender in multiple contexts; and the political dimensions of consumer choice. Together the essays in this volume show how the study of consumption enriches our understanding of modern Jewish history and how a focus on consumer goods and practices illuminates the study of Jewish religious observance, ethnic identities, gender formations, and immigrant trajectories across the globe.
This book articulates a unified theory of capitalism as an attempt to provide a comprehensive scientific theory of this social system. A unified theory of capitalism is not the combination of the predominant economic theories-neoclassical, classical, and Keynesian-so as to make them compatible. It is not a composite economic theory. It is a new economic theory. Predictions of the theory's models were consistent with eight basic empirical regularities of capitalism dealing with economic growth, income inequality, employment level, and environment degradation. Therefore, the unified theory can be accepted as a good approximation of the real capitalist world. But the models were constructed at a high level of abstraction. Also problematic was the need to work out more fully the public policy implications of the theory. It is, therefore, no wonder that essays on the unified theory to answer these questions are a natural outcome of a new scientific endeavor attempting to reach a unity of knowledge in economics.
'A groundbreaking work . . . Federici has become a crucial figure for . . . a new generation of feminists' Rachel Kushner, author of The Mars Room A cult classic since its publication in the early years of this century, Caliban and the Witch is Silvia Federici's history of the body in the transition to capitalism. Moving from the peasant revolts of the late Middle Ages through the European witch-hunts, the rise of scientific rationalism and the colonisation of the Americas, it gives a panoramic account of the often horrific violence with which the unruly human material of pre-capitalist societies was transformed into a set of predictable and controllable mechanisms. It Is a study of indigenous traditions crushed, of the enclosure of women's reproductive powers within the nuclear family, and of how our modern world was forged in blood. 'Rewarding . . . allows us to better understand the intimate relationship between modern patriarchy, the rise of the nation state and the transition from feudalism to capitalism' Guardian
This book explores the business practices of the British publishing industry from 1843-1900, discussing the role of creative businesses in society and the close relationship between culture and business in a historical context. Marrisa Joseph develops a strong cultural, social and historical discussion around the developments in copyright law, gender and literary culture from a management perspective; analysing how individuals formed professional associations and contract law to instigate new processes. Drawing on institutional theory and analysing primary and archival sources, this book traces how the practices of literary businesses developed, reproduced and later legitimised. By offering a close analysis of some of publishing's most influential businesses, it provides an insight into the decision-making processes that shaped an industry and brings to the fore the 'institutional story' surrounding literary business and their practices, many of which can still be seen today.
This book explores the deep meaning-the nature or essence-of the economy and its fundamental components. As a monograph on the philosophy of the economy and economics, it deduces the metaphysical nature of these two, going step by step from more general to more specific realities to finally arrive at the adequate features of the economic sciences and their methods. It builds on a largely Aristotelian approach, but also draws extensively from modern scholarship in the area. Usefully and pertinently, the book covers both general aspects of the economy and particular historically specific features. Among the important topics covered in the book are the meanings of the economy, the nature and role of economic agents, the nature of the macroeconomy, the nature and role of money, and so on. The book concludes with chapters on the nature of economics itself and its methodologies.
This book provides substantial background on what Adam Smith did during his stay in Toulouse and the Languedoc region of France during the 18th century. This is a crucial period in Smith's life for at least two reasons: i) it is during this time that Smith began to work on The Wealth of Nations; and ii) it is generally understood that although some of his ideas about political economy were already formed before his trip, his encounters with many French political economists during his time in France helped him to further develop them. As such, this book provides a rich resource to further understanding Smith's world, his travel experiences and the people he met during this time and situates these within the broader context of Smith's life as a whole, and within the British aristocracy. This work will be of value to students and researchers in the history of economic thought, travel studies and Scottish studies.
In recent decades, new endogenous growth theory has become popular but the ideas are not new. They go back at least as far as Adam Smith, and the subsequent contributions made notably by Alfred Marshall and Allyn Young. This book critically discusses and provides an historical perspective to the entire spectrum of endogenous growth theories starting with Adam Smith and ending with Paul Romer. It fills an important gap in the literature. While contributions of individual authors are readily available, there is no comprehensive study on the subject covering such a vast ground, critically discussing these authors in a comprehensive framework. It collates all the arguments and economic viewpoints in one collection, providing both the seasoned economist and a graduate economist with a critical comparison of origin, mechanisms, conclusions, and policy implications of these models.
Through an examination of election campaign propaganda and various public relations campaigns, reflecting new electioneering techniques borrowed from the United States, this work explores how conservative political and economic groups sought to construct and sell a political meaning of the Social Market Economy and the Economic Miracle in West Germany during the 1950s.The political meaning of economics contributed to conservative electoral success, constructed a new belief in the free market economy within West German society, and provided legitimacy and political stability for the new Federal Republic of Germany.
As a country's current development is path dependent, the rise of China and its strategic implications can only be understood in a historical context. Hence, the key to understanding contemporary China is the understanding of its past. So far there has been an absence of a comprehensive text dealing with Chinese economic history in the English language. An Economic History of Modern China fills this important gap, focusing on modern Chinese economic growth and comprehensively surveying the patterns of China's growth experience over the past 200 years, from the Opium wars to the present day. Key events are traced back to their foundations in history to explain their impact on China's modern economic growth.
This groundbreaking title brings together a critical selection of key papers by the Nobel Memorial Laureates in Economics that have helped shape the development and present state of economics. The editors have organised this comprehensive series by theme and focuses on those Laureates working in the same broad area of study. The careful selection of papers is set in context by an insightful introduction to the Laureates' careers and main published works. This landmark title will be an essential reference for scholars throughout the world.
This book probes the materiality of Improvement in early 19th century rural Massachusetts. Improvement was a metaphor for human intervention in the dramatic changes taking place to the English speaking world in the 18th and 19th centuries as part of a transition to industrial capitalism. The meaning of Improvement vacillated between ideas of economic profit and human betterment, but in practice, Improvement relied on a broad assemblage of material things and spaces for coherence and enaction. Utilizing archaeological data from the home of a wealthy farmer in rural Western Massachusetts, as well as an analysis of early Republican agricultural publications, this book shows how Improvement's twin meanings of profit and betterment unfolded unevenly across early 19th century New England. The Improvement movement in Massachusetts emerged at a time of great social instability, and served to ameliorate growing tensions between urban and rural socioeconomic life through a rationalization of space. Alongside this rationalization, Improvement also served to reshape rural landscapes in keeping with the social and economic processes of a modernizing global capitalism. But the contradictions inherent in such processes spurred and buttressed wealth inequality, ecological distress, and social dislocation.
This book examines how convicts played a key role in the development of capitalism in Australia and how their active resistance shaped both workplace relations and institutions. It highlights the contribution of convicts to worker mobilization and political descent, forcing a rethink of Australia's foundational story. It is a book that will appeal to an international audience, as well as the many hundreds of thousands of Australians who can trace descent from convicts. It will enable the latter to make sense of the experience of their ancestors, equipping them with the necessary tools to understand convict and court records. It will also provide a valuable undergraduate and postgraduate teaching tool and reference for those studying unfree labour and worker history, social history, colonization and global migration in a digital age.
In this book, Martin Bunton focuses on the way in which the
Palestine Mandate was part of a broader British imperial
administration - a fact often masked by Jewish immigration and land
purchase in Palestine. His meticulous research reveals clear links
to colonial practice in India, Sudan, and Cyprus amongst other
places. He argues that land officials' views on sound land
management were derived from their own experiences of rural
England, and that this was far more influential on the shaping of
land policies than the promise of a Jewish National Home.
This volume documents recent efforts to track the transformation and trajectory of silver during the early modern period, from its origins in ores located on either side of the Atlantic to its use as currency in the financial centres of continental Europe. As a point of comparison, copper mining and its monetary use in the early modern Atlantic World will also be considered. Contributors rely mainly on economic and economic history methodologies, complemented by geographical and cultural history approaches. The use of novel software applications as tools to explain economic-historical episodes is also detailed.
Written by fifteen leading academics from the Japan Society for International Development (JASID), this book undertakes a review of Japan's economic development over the last 150 years, and seeks to clarify Japanese priorities in domestic and foreign policy for the coming decades.
Human capital is of utmost importance for the future of our knowledge economies and societies. However, it is unequally distributed in Europe, contributing to marked spatial patterns of economic prosperity within and across countries. In many cases, these patterns have a long history. To understand them better, it requires to go back in time, when mass schooling was starting to become a reality across Europe. Taking a long-run perspective over more than 150 years, this book shows the development and the distribution of human capital in the regions of Europe and its connections with the economy. It provides insights into recent research findings in this area, including theoretical advances and the use of new empirical data.
The 2007-8 financial crisis and subsequent 'Great Recession' particularly affected young people trying to make their way from education into the labour market at a time of economic uncertainty and upheaval. This is the first volume to examine the impact of the Great Recession on the developmental stage of young adulthood, a critical phase of the life course that has great significance in the foundations of adult identity. Using evidence from longitudinal data sets spanning three major OECD countries, these essays examine the recession's effects on education and employment outcomes, and consider the wider psycho-social consequences, including living arrangements, family relations, political engagement, and health and well-being. While the recession intensified the impact of pre-existing trends towards a prolonged dependence on parents and, for many, the precaritization of life chances, the findings also point to manifestations of resilience, where young people countered adversity by forging positive expectations of the future.
GUNS, GERMS AND STEEL is nothing less than an enquiry into the reasonswhy Europe and the Near East became the cradle of modern societies- eventually giving rise to capitalism and science, the dominant forces in our contemporary world-and why,until modern times. Africa, Australasia and the Americas lagged behind in technological sophistication and in political and military power. The native peoplesof those continents are still suffering the consequences. Diamond shows definitively that the origins of this inequality in human fortunes cannot be laid at the door of race or inherent features of the people themselves. He argues that the inequality stems instaed from the differing natural resources available to the people of each continent. |
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