This book argues that economic activity in the public sphere now underwrites private corporations, and rejects rigid adherence to traditional economic theories that no longer apply. Adam Smith's widely used "merchant's model" assumes that most investment is private, when in fact research demonstrates that public investment in the workforce through education and training far outweighs the private sector, and does not account for the growing presence of consensual pricing, the diversification of modern businesses, or the increasing internal authoritarianism of globalizing companies. With de facto public support for these adaptations undermining the universally presumed economic model, private corporations are able to increase their profits while misrepresenting the investment of their own global labor forces. This book suggests an "economy of laws" solution that balances the needed degree of central investment planning with the continuation of our pluralist economy of largely autonomous firms, principally by extending the full rights of citizens into the workplace itself.

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.

This book revisits the economic relationship that ties the UK and Ireland to the United States in the aftermath of the greatest economic crisis of the past fifty years. When considering recent developments to these economic links, it appears that oppositional forces are at work. On one hand, globalization and the rise of new economic powers may undermine the ties. Besides, Ireland's and the UK's European Union membership could also loosen their economic ties with the US. Conversely, the future Transatlantic Trade and Investment Partnership agreement may well strengthen trade and investment links between the US and Europe. Are the economic bonds between the US, the UK and Ireland waning, as some pundits purport? Or are those claims overstated? Could their economic relationship simply be going through a process of change? Although there may not be a single and straightforward answer to these questions, the authors seek to address these issues and provide insight into the changing dynamics of this historic economic relationship.

Industry has been at the centre of some of the most formidable political and economic debates of the nineteenth, twentieth and twenty-first centuries. This book explores the pivotal decades of the eighteenth-century in which the modern concept of industry was, for the first time, at the heart of heated debates in France and other European countries. The close reading of contemporary debates illuminates the origins of an economic key concept and suggests a fresh perspective on the rise of industry in the eighteenth-century.

The Eurasian continent, which has for over a century lagged behind in global markets, is currently gaining economic and political momentum. This book investigates emerging economic linkages in the area, examining the factors shaping this integration, the benefits and risks involved, and the future of these states on the global stage.

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.

Libman and Vinokurov discuss the evolution of post-Soviet regional integration as a prominent case of 'holding-together regionalism' - integration of countries originally belonging to a single political entity. They provide a detailed account of the economic, political and social aspects of the interaction of post-Soviet countries, studying both formal regionalism and informal linkages between companies and individuals. The book pays particular attention to the political economy of this process, assessing both the reasons for the ineffectiveness of post-Soviet regionalism until recently and the driving forces of its persistence. It investigates migration flows, mutual trade and investments, as well as interaction in key sectors of infrastructure, such as telecommunications, transportation, agriculture and power utilities.

The Economics of Inflation provides a comprehensive analysis of economic conditions in Germany under the Great Inflation and discusses inflationary conditions in general. The analysis is supported by extensive statistical material.
* For this translation the author thoroughly revised the original work
* Includes an appendix on German economic conditions in the years following the monetary reform, 1923-24.

A myth-busting explanation of inflation, the desperate gullibility of central bankers and finance ministers-and our abject failure to learn from history From investors and monetary authorities to governments and policy makers, almost everyone had assumed inflation was dead and buried. But now people the world over are confronting a poisonous new economic reality and, with it, the prospect of vast and increasing wealth inequality. How have we arrived in this situation? And what, if anything, can we do about it? Celebrated economist Stephen D. King-one of the few to warn ahead of time about the latest inflationary upheaval-identifies key lessons from the history of inflation that policy makers chose not to heed. From ancient Rome through the American Civil War and up to the asset bubbles of today, inflation stems from policy error, sovereign greed, and a collective loss of faith in currencies. We Need to Talk About Inflation cuts through centuries of bad judgment and misunderstanding, offering a means to intervene now-so we can begin to tackle the political and social upheaval unleashed by inflation.

This volume recasts our understanding of the practical and theoretical foundations and dynamic experiences of early modern imperialism. The imperial encounter with political economy was neither uniform across political, economic, cultural, and religious constellations nor static across time. The contributions collected in this volume address, with undeniable pertinence for the struggles of later periods, the moral and military ambiguity of profits and power, as well as the often jealous interactions between different solutions to the problem of empire. The book presents a powerful mosaic of imperial theories and practices contributing to the creation of the modern world and to the most pressing concerns of our time.

This bibliography brings together the salient works on the process of economic development and economic revitalization in nonmetropolitan areas. The literature cited reviews (1) the forces affecting different economic sectors, such as manufacturing, tourism, and services, and the potential of these sectors to contribute to rural economic development, (2) the forces affecting various types of firms, such as new firms, small firms, and high-tech businesses, and the potential of these types of firms to contribute to rural economic development, (3) contextual factors, such as markets, business climate, and technological change, and (4) economic and development policies and strategies that various levels of government could employ. The book's focus is economic development and revitalization in the world's industrialized countries. Including North American and European literature published in English, the book covers 1975 to 1993 with particular emphasis on the period from 1988 to 1993. This book attempts to meet the needs of (1) students of economic and community development, regional and agricultural economics, community and regional planning, rural sociology, and related disciplines; (2) teachers and researchers; and (3) policy makers and economic development practitioners. It includes professional journals, books, university research reports, extension reports, conference proceedings, and government documents.

Iain McLean reexamines the radical legacy of AdamSmith, arguing that Smith was a radical egalitarian and that his work supported all three of the slogans of the French Revolution: liberty, equality, and fraternity. McLean suggests that Smith's The Theory of Moral Sentiments , published in 1759, crystallized the radically egalitarian philosophy of the Scottish Enlightenment. This book brings Smith into full view, showing how much of modern economics and political science is in Smith. The author locates Smith's heritage firmly within the context of the Enlightenment, while addressing the international links between American, French, and Scottish histories of political thought.

How did banking in early nineteenth-century Massachusetts evolve? Lu provides a compelling narrative about the connection between inclusive political systems and open access economies, hypothesizing that entry into banking was firstly made upon partisan grounds before later becoming open access/free entry. Lu investigates state level institutional change and studies the transition to open access from an economic perspective. What was the relationship between banking and political elites? Why were elites, who enjoyed privileges under dominant institutions, willing to dissolve these institutions and eliminate their privileges? The author provides new insights into American economic history, explaining how a society moves from limited access to one of openness.

Color is a visible technology that invisibly connects so many puzzling aspects of modern Western consumer societies-research and development, making and selling, predicting fashion trends, and more. Building on Regina Lee Blaszczyk's go-to history of the "color revolution" in the United States, this book explores further transatlantic and multidisciplinary dimensions of the topic. Covering history from the mid nineteenth century into the immediate past, it examines the relationship between color, commerce, and consumer societies in unfamiliar settings and in the company of new kinds of experts. Readers will learn about the early dye industry, the dynamic nomenclature for color, and efforts to standardize, understand, and educate the public about color. Readers will also encounter early food coloring, new consumer goods, technical and business innovations in print and on the silver screen, the interrelationship between gender and color, and color forecasting in the fashion industry.

Labour: A Heterodox Approach provides a theoretical reconstruction of the labour and job market by examining it in a rich historical context. It explores the fundamental implications of the theories of consumption and growth and aims at solving the difficulties raised by the dominant economic theories (neoclassical, Keynesian, supply side) by taking into account the dimension of the historical conflict of the labour market and the public intervention that results from it, such as the construction of a specific legal framework that is to say, labour law. The work focuses on providing a description of conflict and intervention, the market's leading characteristics, and demonstrates that they can be interpreted by introducing two major remedial hypotheses in economic fundamentals. It also contributes to solving several theoretical controversies and highlights the two main perspectives on the economic regulation of the labour market.

This book is a faithful record of China's economy that spans almost 70 years. Starting from 1949, it portrays in a panoramic picture how the economy has developed over these decades. From the initial restoration and retrenchment, to the great leap outward that resulted in the two phases of economic reform; from its accession to the WTO to the unprecedented process of urbanization, the book uses four chapters to depict in a chronological order how China becomes what it is today. For scholars on modern Chinese economy, this book offers a detailed account of a wide range of events that happened during clearly-divided time periods. On this basis, they can deepen their research on different individual subjects. Teachers of universities and colleges may use this book as a reference when preparing relevant courses. For economics majors, this book is a key that helps them clarify important issues. Learners who are interested in knowing more about China, especially the dramatic changes that have taken place in its economic scene, can equally acquire the needed facts and figures.

The Making of a Post-Keynesian Economist: Cambridge Harvest gathers up the threads of the last decade of the author's twenty eight years in Cambridge, before his return to Australia. The essays include autobiography, theory, review articles, surveys, policy, intellectual biographies and tributes, and general essays.

Comprising a series of unique and informative interviews, this original book focuses on the evolution and current state of the economic literature on the Great Depression. Renowned economists assess the status of the remaining debates, evaluate what economists do and do not know about the economics of the interwar era, and examine the new directions economic research is taking in attempting to better understand this important economic epoch. Every generation of economists tries to understand the Depression, but the interwar generation of economists who lived through it left several issues unresolved. Often scholars from the generation that follows a particular event are the ones who provide fresh and disinterested evaluations of the historical period. We are now at that point in our evaluation of the economics of the interwar era. This book contains interviews with 12 American economists who have made substantial contributions to our understanding of the economics of the Great Depression: Peter Temin, Ben Bernanke, James Hamilton, Robert Lucas, Lee Ohanian, Christina Romer, Barry Eichengreen, Stephen Cecchetti, James Butkiewicz, Michael Bordo, Charles Calomiris and Allan Meltzer. Together and individually, they provide an enlightening account of what we have learned about the Great Depression from the post-World War II generation of economists. This accessible, highly readable book continues and extends the discussion of the Great Depression, appealing to students and scholars of both economics and history.

For much of the twentieth century, mainstream economists have treated human agents in their models as if they were rational beings of unbounded computational capacity - the notorious 'Homo Economicus' of much economic theory. However, the patent inadequacies of this understanding of human nature have become increasingly apparent, and economists have begun looking for more realistic models, incorporating the insights of evolutionary theory. The authors address the question of human nature in economics, examining not only some of the recent writing on this subject in evolutionary psychology and related disciplines, but also the ideas of important thinkers in the Western intellectual tradition. Beginning with the ancient Greeks and progressing to the modern day, the contributors explore the works of such thinkers as Augustine, Adam Smith, Thomas Malthus, Alfred Marshall and Kenneth Boulding. Many of these works are placed in a Darwinian, evolutionary perspective, with the imperative that the study of human nature must be consistent with our understanding of human evolution, and should consider how human beings are moulded by cultural and institutional influences. Naturally, Darwin's own view of human nature is also explored, undermining the mistaken notion that Darwinism promotes human nature as greedy, uncooperative and self-seeking. This enlightening, original and highly readable work will be of great interest to professional economists and students, researchers and teachers of evolutionary economics.

Market Power explores society and economy in medieval Iberia, examining the intersection of regional commercial interests, lordship, and royal authority as part of the evolution of a small village into a rural market town. This analysis of notarial registers from Santa Coloma de Queralt addresses significant themes in medieval history, such as the market economy, commerce and credit, and the interactions of businessmen across religious boundaries. ?

RIPPING THE LID OFF THE MYTH OF THE FREE MARKET 'TRIUMPH'
Many of us are increasingly puzzled and angered by the problems that government seems unable to resolve. Recent revelations by whistle-blowers only add to the sense that powerful forces control our lives and that we have no say in what they decide. There is, in general, a distinct loss in confidence in the democratic process.
In MYTHS, POLITICIANS & MONEY, former Shadow Chief Secretary to the Treasury Bryan Gould casts new light on these issues. Using examples of his involvement with many of the pressing political and economic issues that have troubled governments in the West over the last four decades, Gould shows that these problems have a common cause: the surrender of our democracy to those who control and dominate the global economy.
MYTHS, POLITICIANS & MONEY exposes why politicians around the world distort economic policy against the interest of ordinary people, how neo-liberalism has been allowed to rise to prominence and why the break-down of a European super-state will create economic stability for millions.
Controversial and shocking, this is the insider story of the rise of the free market ideology, its entrenchment within politics and the terrible impact that it has had on society.

Alfred Marshall has traditionally been listed alongside pioneering 'neoclassical' economists. In this volume, Neil Hart challenges this view, illuminating the ambiguities within Marshall's work, and exploring his reconciliation of two modes of thinking, equilibrium economics and evolutionary economics.

"On Skidelsky's Keynes and Other Essays" contains essays from the twenty eight years that the author spent in Cambridge before his return to Australia. The volume spans theoretical issues, autobiography, review articles, political economy, tributes to eminent economists and general essays.

This book provides an economic analysis of the earliest Islamic society, focusing on the policies of the Messenger of Islam (Sawa) and his successors during the first four formative decades of Islam. Two institutions of great importance - the market and the public treasury (Baitul Mal) - and their roles in the development of the private and public sectors are particularly emphasized in this study. The first part of the book is devoted to the economic and cultural dimensions of life in the Arabian Peninsula during the pre-Islamic period, including an analysis of trade and financial relationships with the Roman and Persian economies; the challenges faced by the Messenger's mission and the economic policies of the Messenger after the migration to Madinah are also examined in detail. The author then moves on to a devoted analysis of the nature and functions of the public treasury, its revenues and expenditures, as well as financial and fiscal policies. Also examined is the role of the public sector in maintaining equilibrium in the financial and real sectors, as well as in promoting economic growth and employment. Analysis of the institution of the market, its characteristics, and its functions during the earliest Islamic period constitutes the third section of the book. The behaviors of consumers, producers, and investors in an economy without an interest rate mechanism are also addressed here. The final section investigates the fundamental objective of Islam for human societies - that is, justice - within the context of discussions in earlier parts of the book. The author uses historical economic data, facts, and evidences that are reported from the period, both prior to and after the establishment of the Islamic State, to explore the economic relations, policies, and models that were in practice and applied at that time.