This study focuses on Empires, from an economic historical perspective. In doing so, it relates current debates in international relations (IR) and politics to the vexed legacy of empires in the past. The book includes analyses of the comparative scholarly literature on Empire in Antiquity, and Empire in the Early Modern and Modern Ages, asking the question if the United Sates is an Empire, and if China an emerging Empire. It contributes to the field given its interdisciplinarity, bringing together both historical and IR insights into world systems in times past. In addition it draws out four key points of separateness between pre-modern and modern empires, and emphases specific economic data. Further to that, the book advances the notion of the emergence of "empires from within" in the 21st century, that is nation-states becoming more multi-ethnic while often stepping back from globalization. And finally it offers future scenarios for the evolution of empires in a Schumpeterian post-industrial world.

After years of relative neglect, the reconstruction of post-war Germany has recently become a major research focus for historians. The contributors to this volume were among the first to evaluate the archives relevant to their topic and are hence able to present many fresh insights into Allied occupation policy in the late 1940s, revealing the painful adjustment which German industry, institutions and citizens had to make in the post-1945 world.

This book serves as a foundational reference of U.S. land settlement and early agricultural policy, a comprehensive journey through the evolution of 20th century agricultural policy, and a detailed guide to the key agricultural policy issues of the early 21st century. This book integrates the legal, economic and political concepts and ideas that guided U.S. agricultural policy from colonial settlement to the 21st century, and it applies those concepts to the policy issues agriculture will face over the next generation. The book is organized into three sections. Section one introduces the main themes of the book, explores the pre-Columbian period and early European settlement, and traces the first 150 years of U.S. agricultural policy starting with the post revolution period and ending with the "golden age" of agriculture in the early 20th century. Section two outlines that grand bargain of the 1930s that initiated the modern era of government intervention into agricultural markets and traces this policy evolution to the early days of the 21st century. The third section provides an in-depth examination of six policy issues that dominate current policy discussions and will impact policy decisions for the next generation: trade, environment/conservation, commodity checkoff programs, crop insurance, biofuels, and domestic nutrition programs.

This book studies past economics from anthropological, archaeological, historical and sociological perspectives. By analyzing archeological and other evidence, it examines economic behavior and institutions in ancient societies. Adopting an interdisciplinary perspective, it critically discusses dominant economic models that have influenced the study of past economic relations in various disciplines, while at the same time highlighting alternative theoretical trajectories. In this regard, the book's goal is not only to test theoretical models under scrutiny, but also to present evidence against the rationalization of past economic behavior according to the rules of modern markets. The contributing authors cover various topics, such as trade in the classical Greek world, concepts of commodity and value, and management of economic affluence.

First Published in 1972. The London Discount Market is unique, and its existence has contributed more than any other single factor to the elaboration of what may legitimately be called the Anglo-Saxon tradition in Central Banking technique. The bill of exchange has existed for centuries in its classical late Victorian form by many decades. This book assesses how in no other country in the world did the same relationships evolve between the Central institution and the Money Market.

First published in 1995. Routledge is an imprint of Taylor & Francis, an informa company.

This is the first history on the subject of foreign investment in the United States since 1920. It shows how the United States changed from a debtor nation to a supplier of capital to the rest of the world, and then details the structural shifts to this creditor position after the breakdown of the Bretton Woods system in 1972. Geisst demonstrates that the United States has always been a magnet for foreign portfolio and direct investment. Traditionally, this has come from northern European or Canadian sources, but in the 1970s the Japanese became a major force. Currently, both types of investment in the United States are at historically high levels, but Geisst asserts that this foreign interest exerts a positive rather than a negative impact on the economic climate.

This study is a counterpart to the author's earlier examination of domestic investment in the United States, "Visionary Capitalism: Financial Markets and the American Dream in the Twentieth Century." It will be of interest to scholars and professionals in finance and investments, business history, and American history.

The Political Economy of Imperial Relations offers a much needed historical and theoretical intervention into the relationship between Britain and Malaya after the Second World War. It challenges existing accounts and details a strong continuity in this relationship from 1945 until 1960.

In the decades after World War II, inflation undermined the aspiration for full employment in Australia. This book tells the story of how the Australian state was shaped by the confrontation with monetary instability: a pre-history of neoliberalism.

Although there have been numerous studies of the causes and consequences of the Great Financial Crisis of 2007-2010 in the US and abroad, many of these were undertaken only for a small number of countries and before the financial and economic effects were fully realized and before various governmental policy responses were decided upon and actually implemented. This book aims to fill these voids by providing a more thorough assessment now that the worst events and the regulatory reforms are sufficiently behind us and much more information about these developments is available. It reviews and analyzes the causes and consequences of and the regulatory responses to the Great Financial Crisis, particularly from a public policy viewpoint. In the process, it explores such intriguing questions as: What caused the crisis? How did the crisis differ across countries? What is the outlook for another crisis, and when? This is a must read for those who are trying to find answers to these questions.

This book examines the U.S economy from 1967 to 2011 and utilizes a new method to predict the future of the economy as far ahead as 2030. This new method uses population subgroup data. Variables used in the cross-sectional matrix include ethnicity, sex, age, and average personal income of those having personal income. The mathematical basis, the data used, and the results are all presented in graphic form. The estimates are compared to National Bureau of Economic Research Dating Committee data. Projections using estimates from the U.S. Bureau of Census are used to further project personal income, personal income annual change, and disposable personal income to 2030. The book concludes that the New Energy Movement and their development of non-polluting energy and electricity production methods that do not consume uranium, radioactive material, or fossil fuels. Therefore, large amounts of money should be invested in these devices, their development, and implementation.

This study eschews the uncritical acceptance of secondary sources that has characterized studies in this field, going back to and reinterpreting previously neglected primary sources, thereby enabling it to chart linkages between the European and Asian trades that have been regarded as parallel but unrelated (or at best competing) activities. In so doing, the work sheds new light on this crucial period.

The corporation model of organizations is in terminal decline, says Cook, and is being displaced by what he calls syntagma, a body of persons forming a division of the population of a country. The point he makes by this is that the emerging organization will be no artifact, no fabrication. It will be innately human, and in that sense, organic. His book traces the philosophical and historical development of the modern corporation through Hellenistic-Judeo-Christian theologies, with particular emphases on the social, political, and economic impacts of rationalistic science, impacts such as humanism, democracy, capitalism, and behaviorism. Cook offers an analysis of the critical aspects of the corporation as it exists today, and draws heavily for evidence upon contemporary management theories and practices. In doing so he argues that it is the radical changes going on in society itself that is rendering the traditional corporation obsolete. And, since western civilization is undergoing an epochal shift, the new, emerging corporation can have no resemblance to the old model. He maintains that the organization evolving to replace it will be characterized by common values, mutual purpose, excess capacity, and creative action, and will have two dynamics, what he calls commensuration and essentiality. Only with this kind of human system is it possible to create an organization that solely and exclusively serves the common good. His book is a provocative contribution to the professional and academic literature of several fields, including management, the social sciences, organizational behavior, development, and history, and will be of particular interest as well to certain well informed nonspecialists with concern for the role played the corporation in their societies.

When we talk about clusters, it's the fabulous destiny of Silicon Valley that first comes to mind - the place where entrepreneurs and policymakers alike flock. But do we really understand the complex mechanics of these clusters? What tools can economics and other related disciplines use to analyze their performance? When it comes to spending taxpayer money to support cluster development, do benefits actually exceed costs? This book provides a synthesis of cluster theory and presents methodologies to analyze their structure and performance. It also contains insights into how to renew regional innovation policy. The French edition of this volume was granted Best Book in Economics 2016 by The French Association of Economics (AFSE)

This book presents the complete and pioneering works of the great Spanish economist, German Bernacer (1883-1965), to an English audience for the first time. Bernacer, the first director of the Research Service of the Bank of Spain (1930-55), inspired Keynes' theory but was also a major critic and opponent of it. A macro economist by trade, Bernacer's major theory related to recurring crises, which he believed were inherent in the existence of speculative markets such as property, works of art, long term currency markets, commercial trading, materials, and energy. Bernacer believed that these speculative markets generate unearned income and hoarding,they abound in financial capital and, when such capital is captured, it then lacks in production industries where real value is created, draining their financing. The author shows how history has repeated itself in this manner in 1929, 2007, 2008, 2014 and 2016. The author derives his content from Bernacer's Spanish publications and his private correspondence with his contemporary economists, providing an historical and thematic insight into his thinking. It is well-timed to contribute to current worldwide debates on monetary,financial and budgetary policies needed to implement an economic order that can restore economic stability, providing readers with rare and important insights into the deep roots of crises. The book will be of interest to all readers interested in the history of economic thought, history of financial crises, Keynesian approaches to economics and criticism to Keynesian approaches.

This unique volume provides a survey of U.S. business history in a chronological framework. Designed as a basic chronology of representative events, the work covers the years from 1602 to 1988, presenting those events that pioneered trends and those that represented what was generally happening at a particular time. Richard Robinson has included minor details and incidents that are often missed in other histories of business and has arranged the descriptive historical data in a way that allows readers to draw their own conclusions about the trends and impact of American business.

Each chronological entry is divided into two sections. The first covers general events, describing the changes in lifestyles and living conditions that affected business and the marketplace. Economic conditions, government actions, educational developments, social indicators, union activities, and inventions are included here, as are certain articles and books that note the concerns of a particular time. The second section covers business events, charting the rise and fall of those enterprises engaged in producing goods or providing services. Small companies are featured alongside conglomerates, and wherever possible, the chronology focuses on the colorful individuals--the entrepreneurs, financiers, promoters, and others--who played such an important role in American business. With its chronological presentation, the book not only offers a clear picture of the development of U.S. business, but also a strong indication of how deeply it is interwoven in the fabric of society. It will be a valuable resource for courses in business history, sociology, and American history, and an important addition to both public and academic libraries.

This book examines failure in the urbanisation of Northwest China as a result of government industrial policies that have impacted on the economic development of the region. By looking at the under-researched provinces of Gansu, Qinghai and Inner Mongolia, which make up a quarter of China's territory, Zheng and Deng challenge the common story of China's miracle growth and reveal the dark side of the country's pursuit of modernity. Severe weather conditions, chronic drought, permanent lack of oxygen and unforgiving terrain in the Northwest make farming, manufacture and services difficult simply because people tend not to stay. Yet, China's current political system forces growth to take place even though basic conditions and prerequisites for market-based growth are missing. This volume analyses 'ghost cities' and social tension in the process of 'forced urbanisation' in which huge amount of resources are wasted, the local environment is systematically damaged and ordinary people's basic rights are brutally violated in the name of higher GDP and greater government glory.

The contributors to this collection question the boundaries and limitations that are imposed on the study of cities by urban sociology. They do not disagree that during most of their history, the regions and peoples of the world have been organized hierarchically and that there are differences that need to be explained. But they see the processes and relations that link regions and people together as the main factor that explains these differences. It is the differentiation and not the differences per se that constitute this volume's focus and, in its respective accounts, taking care not to privilege any one region or time period on the basis of its presumed special characteristics. Against this background the book is divided into three parts. Part one deals with places outside of western Europe and with times that preceded the establishment of the European-based capitalist world-economy. The articles in part two discuss the different aspects of the concept of hegemony and the establishment of domination as these apply to cities in the world-system. In part three the focus shifts back to extra-European zones where the patterns of transformation around cities under the aegis of capitalist world-economy are examined. This book constitutes an important addition to the literature on cities. By approaching cities from a large-scale and a long-term perspective, the contributors develop a historical explanation of some of the different patterns of development that affected particular cities in their interaction with the world-economy. This historical and holistic perspective represents an improvement over most of urban sociology, where cities or aspects of cities are studied in isolation from all contingent and contextual factors. This book can be used by scholars, graduate, and upper-division undergraduate students of urban history and sociology.

This book is the first English translation of Felice di Michele Brancacci's diary of his 1422 mission to the court of Sultan Al-Ashraf Seyf-ad-Din Barsbay of Egypt. Following the purchase of Port of Pisa in 1421, and the building of a galley system, Florence went on to assume a more active role in Levant trade, and this rich text recounts the maiden voyage of the Florentine galleys to Egypt. The text portrays the transnational experiences of Brancacci including those between the East and West, Christians and Muslims, and the ancient and modern worlds. The accompanying critical introduction discusses the unexpected motifs in Brancacci's voyage, as well as tracing the aftershocks of what was a traumatic Egyptian experience for him. It shows that this aftershock was then measured, captured, and memorialized in the iconic image of Tribute Money, the fresco he commissioned from Masaccio, on his return to his own world in Florence.

***THE SUNDAY TIMES TOP TEN BESTSELLER*** In the eighteenth century, India's share of the world economy was as large as Europe's. By 1947, after two centuries of British rule, it had decreased six-fold. Beyond conquest and deception, the Empire blew rebels from cannon, massacred unarmed protesters, entrenched institutionalised racism, and caused millions to die from starvation. British imperialism justified itself as enlightened despotism for the benefit of the governed, but Shashi Tharoor takes on and demolishes this position, demonstrating how every supposed imperial 'gift' from the railways to the rule of law was designed in Britain's interests alone. He goes on to show how Britain's Industrial Revolution was founded on India s deindustrialisation, and the destruction of its textile industry. In this bold and incisive reassessment of colonialism, Tharoor exposes to devastating effect the inglorious reality of Britain's stained Indian legacy.

This book discusses the role historical events played in determining the pattern of growth of Indian manufacturing. Two important historical events significantly influenced the course of Indian manufacturing from the 15th century AD. The first was the arrival of European merchants via sea route pioneered by Vasco-da-Gamma in 1498 and the other was the dawn of the Mughal Empire in 1526. The book explores how these two events provided the appropriate stimulus for the emergence of traditional flexible manufacturing in India and how they played a vital role in the pattern of growth of the Indian manufacturing: The Mughal Empire created an integrated economy of continental size whereas European trading companies expanded the commercial connectivity of the Indian economy and South East Asia. It further investigates how the circumstances created by the colonial administration, factor endowment and market conditions created the complex forms of manufacturing enterprises that India inherited at the time of independence. It is a valuable resource for students of history, economic history, business history and the history of technology.

This study focuses on a sample of occupational groups representative of the Mittelstand in the city of Hamburg - white-collar workers, artisans, retailers, civil servants and house owners - and examines the strains imposed by the infaltionary conditions on each group, seriously questioning the commonly-held interpretation of the Infaltion's effects and chronology.

This book examines the role of mercantile networks in linking Asian economies to the global economy. It contains fourteen contributions on East, Southeast and South Asia covering the period from 1750 to the present.

John Maynard Keynes (1883-1946) is perhaps the foremost economic thinker of the twentieth century. On economic theory, he ranks with Adam Smith and Karl Marx; and his impact on how economics was practiced, from the Great Depression to the 1970s, was unmatched. The General Theory of Employment, Interest and Money was first published in 1936. But its ideas had been forming for decades ? as a student at Cambridge, Keynes had written to a friend of his love for 'Free Trade and free thought'. Keynes's limpid style, concise prose, and vivid descriptions have helped to keep his ideas alive - as have the novelty and clarity, at times even the ambiguity, of his macroeconomic vision. He was troubled, above all, by high unemployment rates and large disparities in wealth and income. Only by curbing both, he thought, could individualism, 'the most powerful instrument to better the future', be safeguarded. The twenty-first century may yet prove him right. In The Economic Consequences of the Peace (1919), Keynes elegantly and acutely exposes the folly of imposing austerity on a defeated and struggling nation.

This book is the first study that analyses bilateral commercial treaties as instruments of peace and trade comparatively and over time. The work focuses on commercial treaties as an index of the challenges of eighteenth-century European politics, shaping a new understanding of these challenges and of how they were confronted at the time in theory and diplomatic practice. From the middle of the seventeenth century to the time of the Napoleonic wars bilateral commercial treaties were concluded not only at the end of large-scale wars accompanying peace settlements, but also independently with the aim to prevent or contain war through controlling the balance of trade between states. Commercial treaties were also understood by major political writers across Europe as practical manifestations of the wider intellectual problem of devising a system of interstate trade in which the principles of reciprocity and equality were combined to produce sustainable peaceful economic development.