'This book is a remarkable and often inspirational tour de force. Martin Jones confidently moves between theories of political economy and stories of regional and urban policy, using each to inform the other. He brings the uneven geographies of England to life, showing how they are reproduced in practice, while also offering the prospect of alternative futures.' - Allan Cochrane, The Open University, UK Offering a geographical political economy analysis, this book explores the mechanisms, institutions, and spaces of subnational economic development. Martin Jones innovatively examines how policy-makers frame problems and offer intervention solutions in different cities and regions. Drawing on different approaches to state intervention, neoliberalism, crisis and contradiction theories, and notions of depoliticisation, this book explains policy failure and how it is impacted by flux surrounding economic development. With constant changes to legislation, institutional initiatives, and ministerial responsibility, local and regional economic development is shown to be at a critical crossroads. Theoretically innovative and empirically focused, this timely book is a must-read for researchers and policy-makers of urban geography, regional development, political economy and public policy.

The New York Times bestseller from business journalist Christopher Leonard infiltrates one of America’s most mysterious institutions—the Federal Reserve—to show how its policies spearheaded by Chairman Jerome Powell over the past ten years have accelerated income inequality and put our country’s economic stability at risk. If you asked most people what forces led to today’s unprecedented income inequality and financial crashes, no one would say the Federal Reserve. For most of its history, the Fed has enjoyed the fawning adoration of the press. When the economy grew, it was credited to the Fed. When the economy imploded in 2008, the Fed got credit for rescuing us. But here, for the first time, is the inside story of how the Fed has reshaped the American economy for the worse. It all started on November 3, 2010, when the Fed began a radical intervention called quantitative easing. In just a few short years, the Fed more than quadrupled the money supply with one goal: to encourage banks and other investors to extend more risky debt. Leaders at the Fed knew that they were undertaking a bold experiment that would produce few real jobs, with long-term risks that were hard to measure. But the Fed proceeded anyway…and then found itself trapped. Once it printed all that money, there was no way to withdraw it from circulation. The Fed tried several times, only to see the market start to crash, at which point the Fed turned the money spigot back on. That’s what it did when COVID hit, printing 300 years’ worth of money in a few short months. Which brings us to now: Ten years on, the gap between the rich and poor has grown dramatically, inflation is raging, and the stock market is driven by boom, busts, and bailouts. Middle-class Americans seem stuck in a stage of permanent stagnation, with wage gains wiped out by high prices even as they remain buried under credit card debt, car loan debt, and student debt. Meanwhile, the “too big to fail” banks remain bigger and more powerful than ever while the richest Americans enjoy the gains of a hyper-charged financial system. The Lords of Easy Money “skillfully” (The Wall Street Journal) tells the “fascinating” (The New York Times) tale of how quantitative easing is imperiling the American economy through the story of the one man who tried to warn us. This is the first inside story of how we really got here—and why our economy rests on such unstable ground.

This volume presents thirteen chapters prepared by senior researchers and former policy makers on key policy issues confronting China and the West. They focus on the role of the state in economic development, trade issues and the part played by innovation, digitalization and leadership. In a challenging and rapidly changing world, the book aims to provide not only authoritative analyses and perspectives, but to stimulate further thinking and debates about the common future. Each chapter is in the form of a short policy brief. China and the West is aimed for policy makers, business leaders, academics and students.

Offering new knowledge and insights into European job markets, this book explores how young men and women experience job insecurity. Focusing on the ways in which young adults deal with this by actively increasing their chances of getting a job through a variety of methods, it shows how governmental policies can be altered to reduce early job insecurity. By combining analysis of original data collected through a variety of innovative methods, the book compares the trajectories of early job insecurity in nine European countries: Bulgaria, the Czech Republic, Germany, Greece, Norway, Poland, Spain, Switzerland, and the UK. It explores the differing reactions to the 2008 Great Recession and socio-economic and institutional characteristics of each country, analysing the strengths and weaknesses of different national policies. Contributions from experts in the field investigate the long-term consequences of having difficulty finding suitable and stable jobs in young adulthood, including 'scarring' in the form of weaker long-term employment prospects, lower life earnings and reduced well-being. Incorporating high-level academic research with policy recommendations, this insightful book is essential reading for advanced public policy and European studies scholars, as well as policymakers at national and European levels. Contributors include: D.S. Abebe, S. Ayllon, K.K. Bohler, M. Bussi, D. Buttler, L.A. Helbling, B. Hvinden, C. Hyggen, C. Imdorf, V. Krasteva, C. Lewis, A. McDonnell, J. O'Reilly, D. Parsanoglou, S. Sacchi, M.A. Schoyen, L.P. Shi, R. Stoilova, I. Tolgensbakk, J.S. Vedeler, A. Yfanti

Peter van Bergeijk brings together 40 leading experts from all continents to analyze state-of-the-art data covering the sharp increase in (smart) sanctions in the last decade. Original chapters provide detailed analyses on the determinants of sanction success and failure, complemented with innovative research on the impact of sanctions. This timely Research Handbook provides both a thorough discussion of methodology as well as evidence-based policy advice on the efficient application of boycotts, embargoes, and targeted sanctions, including trade, travel and financial sanctions. The use of case studies from Cuba, Iran, North Korea and Russia illustrate developments and demonstrate new methods, including stochastic frontier analysis, comparative quantitative analysis and meta-analysis. Providing crucial information, this Research Handbook will be an excellent resource for academic researchers in international political economy and international relations as well as policy makers within national and global institutions. It will also provide obligatory reading for students also studying within these fields.

Elgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary. Presenting cutting-edge thoughts on media economics, its history and development, and looking forward to its future, this timely book investigates the changing face of the field. With contributions from some of the most prominent media economics scholars in the world, this provocative and visionary Research Agenda covers theory development, consumer and audience demand, information and cultural goods, and technological dimensions. Chapters explore globalization, industry organization, social and ethical aspects of media firms, new media viability and the historical eras of media economics. Presenting a range of streams of inquiry and topics needing more study and development, this Research Agenda looks at new and innovative ways to stimulate thought around key research questions and designs. PhD students and scholars of media studies and media economics will benefit from the expansion of basic concepts, theories and methods found in this key book. It will also be critical reading for media professionals looking to understand more about the impact and importance of contemporary media relations. Contributors include: A.B. Albarran, Á. Arrese, M. Barrett, A.J. Coffey, C.A. Hollifield, W.-y. Hsu, C. Kolo, Y.-l. Liu, M. Medina, B.I. Mierzejewska, M.E. Gutiérrez-Rentería, U. Rohn, A. Sánchez-Tabernero, C. Shao, X. Zhang

This timely Research Handbook investigates the radically transformative impact of the Belt and Road Initiative (BRI), addressing key questions regarding its economic, political and strategic consequences: What does the Chinese government hope to achieve with the BRI? How have recipient states responded? And what are its potential opportunities and risks? Bringing together prominent international scholars and analysts, this Research Handbook arrives at a critical time in the infrastructural development of the BRI, shedding light on its influence in the future of global politics and economics. Chapters unpack the role of the BRI in Chinese foreign policy, placing infrastructural development at the centre of regional affairs, great power dynamics and economic and investment trends. Employing geopolitical and diplomatic modes of investigation, it offers critical and holistic views of the progress and challenges of the BRI's implementation and its implications on the world stage. Providing an innovative global viewpoint on the BRI, this Research Handbook offers cutting-edge perspectives for scholars and students of political science, particularly those investigating the latest developments in Chinese domestic and foreign policy. Its practical insights and broad empirical analysis will also benefit policymakers and think tank analysts working in the field. Huiyao Wang, Center for China and Globalization (CCG)

The United States-Mexico-Canada Agreement (USMCA), a modified and modernized version of the North American Free Trade Agreement (NAFTA), will continue to govern most economic relationships in North America, including the more than $1.3 trillion in annual regional trade in goods and services, for the foreseeable future. USMCA preserves the bulk of the NAFTA structures that permit North American manufacturers to compete effectively with their European and Asian counterparts in North American and foreign markets. Once in effect, USMCA should largely resolve the chilling effect on investment and new hiring generated by three years of uncertainty over NAFTA's future. This book provides a detailed analysis and critique of the provisions of the USMCA and the USMCA's relation to NAFTA. It is designed to assist lawyers and non-lawyers alike, including law, economics and public policy scholars, business professionals and governmental officials who require an understanding of one of the worlds' most economically and politically significant regional trade agreements.

This engaging and timely book provides an in-depth analysis of work and labour relations within global platform capitalism with a specific focus on digital platforms that organise labour processes, known as labour platforms. Well-respected contributors thoroughly examine both online and offline platforms, their distinct differences and the important roles they play for both large transnational companies and those with a smaller global reach. Chapters explore how labour platforms have become controversial and ambiguous as they increasingly appear to provide important sources of work and income globally but conversely raise concerns over exploitation of workers and the lack of legal protection provided to them. Offering a global perspective and including studies from different continents, the book covers three key areas: platform work in the wider context of contemporary capitalism, labour platforms from an international division of labour perspective, and labour processes and relations. This informative and thought-provoking book is an excellent resource for scholars with a particular interest in political economy, the sociology of work, labour relations and labour policies. Policymakers and regulators looking to understand how to effectively apply existing regulations for platform workers when creating new business models will also find this an invigorating read.

Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world's leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. This insightful Advanced Introduction provides an in-depth review of current U.S. technology policy, tracing the legislative history of policies such as the Economic Recovery Tax Act, the Small Business Innovation Development Act and the National Cooperative Research Act. The critical elements of the ecosystem in which technology policy exists are also discussed, with a particular focus on U.S. patent policy and U.S. investments in infrastructure technology. Key features include: Historical trace of U.S. technology policy ideas over the past 75 years Comparison of U.S. technology policies to those in other nations Agenda for future thinking about U.S. technology policy Integrated discussion of U.S. technology policy Economic rationale for U.S. technology policy This Advanced Introduction will be invaluable for international business leaders and policymakers, in addition to scholars in economics, public administration, business and public policy.

This timely book explores the long-standing process of infrastructural integration across Europe, with a particular focus on the EU member states. It illuminates the main economic infrastructure sectors, including transport, energy and information, examining how the process of infrastructural integration reflects an alignment of the needs of the countries that are the main drivers behind this process. Colin Turner highlights how these inter-governmental driven processes are supported by a series of policy measures undertaken at the supranational level by the EU, largely through the trans-European network initiative. Multidisciplinary chapters offer a thorough examination of trends in regional integration, and an in-depth analysis of core infrastructure sectors. The book further looks at the co-operative territoriality that is needed for the integration process, and that is driven by an alignment between states' territorial and geo-political strategies. Offering a contextualised analysis within the framework of state strategy, this will be an invigorating read for political economy and public policy scholars, particularly those focussing on the EU. It will also be helpful to public policy practitioners and sector specific consultants looking for up-to-date insights on the topic.

Since the 1970s the long term decline in self-employment has slowed - and even reversed in some countries - and the prospect of 'being your own boss' is increasingly topical in the discourse of both the general public and within academia. Traditionally, self-employment has been associated with independent entrepreneurship, but increasingly it is linked to being a form of precarious work. This book utilises evidence-based information to address both the current and future challenges of this trend as the nature of self-employment changes, as well as to demonstrate where, when and why self-employment has emerged as precarious work in Europe. Bringing together leading international experts in the field, this book provides insight into key issues surrounding self-employment from a variety of interdisciplinary perspectives. Covering existing theory and context, providing empirical results of studies into self-employment and precarious work from across Europe, and discussion of the implications of this research, it offers key insights into future avenues for research. Students of European studies and social policy, as well as policy makers and researchers with a particular interest in employment, self-employment and precarious work across Europe, will find the data and policy ideas presented in this book an invaluable read.

Written by some of the founders of complexity theory and complexity theories of cities (CTC), this Handbook expertly guides the reader through over forty years of intertwined developments: the emergence of general theories of complex self-organized systems and the consequent emergence of CTC. Examining studies from the end of 1970 through to the current leading approach to urbanism, planning and design, the book provides an up-to-date snapshot of CTC. Insightful chapters are split into five parts covering the early foundations of the topic, the evolution of towns and cities and urban complexity, the links between complexity, languages and cities, modelling traffic and parking in cities, and urban planning and design. The Handbook on Cities and Complexity concludes with the contributors' personal statements on their observations of COVID-19's impact upon global cities. This book will be an invaluable resource for those researching cities and complexity and also for scholars of urban studies, planning, physics, mathematics, AI, and architecture.

Elgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary. Offering fresh insights into the key emerging issues in the field, including the changing socio-economic contexts brought about by the rise of the millennial generation and the creative class, the Covid-19 pandemic, and a greater emphasis on social responsibility, this forward-looking Research Agenda critically debates and rethinks theories and practices in the property sector. Promoting interdisciplinary approaches to the topic, chapters explore the disruptive changes to the field brought about by technological revolutions, before moving on to reflect upon the meaning of value, risks and investment behaviours, and finally examining the institutional contexts and stakeholders that shape the industry. Leading scholars combine practice with in-depth theoretical discussions, highlighting critical future avenues of research in the field. Real estate, planning and economics scholars will find this to be an important read, particularly with the blend of conceptual and empirical perspectives. Real estate practitioners and businesses will also find the practical guidance and discussion of real-life challenges in the book helpful.

From the #1 bestselling author of The Big Short and Flash Boys, the high-octane story of the enigmatic figure at the heart of one of the 21st century's most spectacular financial collapses

'I asked him how much it would take for him to sell FTX and go do something other than make money. He thought the question over. "One hundred and fifty billion dollars," he finally said-though he added that he had use for "infinity dollars"...'

Sam Bankman-Fried wasn't just rich. Before he turned thirty he'd become the world's youngest billionaire, making a record fortune in the crypto frenzy. CEOs, celebrities and world leaders vied for his time. At one point he considered paying off the entire national debt of the Bahamas so he could take his business there.

Then it all fell apart.

Who was this Gatsby of the crypto world, a rumpled guy in cargo shorts, whose eyes twitched across TV interviews as he played video games on the side, who even his million-dollar investors still found a mystery? What gave him such an extraordinary ability to make money - and how did his empire collapse so spectacularly?

Michael Lewis was there when it happened, having got to know Bankman-Fried during his epic rise. In Going Infinite he tells us a story like no other, taking us through the mind-bending trajectory of a character who never liked the rules and was allowed to live by his own. Both psychological portrait of a preternaturally gifted 'thinking machine', and wild financial roller-coaster ride, this is a twenty-first-century epic of high-frequency trading and even higher stakes, of crypto mania and insane amounts of money, of hubris and downfall. No one could tell it better.

Policy makers give a lot of attention to business creation and entrepreneurship, but they do not have a good resource for understanding The Truth about Entrepreneurship. The extensive media coverage of Wall Street entrepreneurship provides an incomplete portrayal of most business creation. While both high profile and everyday new firms provide major contributions to economic growth, the ongoing, bottoms-up activity pursued by over half a billion around the world is not widely recognized. This book reviews some of the most salient features of grass roots business creation, such as the total amount of activity, differences related to national economic development, the relationship to business churning and job creation, the impact of national context, the mixed contributions of high growth firms, the modest effect of external financial support, the unequal distribution of sunk costs related to successful payback, importance as an option for the most desperate in poor countries, and the tendency to overlook the continuing incremental impact of Main Street business creation. Entrepreneurial scholars, faculty, policy analysts and graduate students interested in economic development, entrepreneurship and public policy will find clarity and gain a depth of knowledge about policymaking and business creation with The Truth about Entrepreneurship.

Forcourses in the principles of economics. An evidence-based approach to economics Throughout Economics, 3rd Edition, authors DaronAcemoglu, David Laibson, and John List use real economic questions anddata to help you learn about the world around you. Taking a freshapproach, they use the themes of optimization, equilibrium, and empiricism tonot only illustrate the power of simple economic ideas, but also to explain andpredict what's happening in today's society. Each chapter begins with anempirical question that is relevant to the life of the reader, and islater answered using data in the Evidence-Based Economics feature. As a resultof the text's practical emphasis, you learn to apply economicprinciples to guide the decisions you make in your own dailylife.

This timely Modern Guide offers critical insights into developments in both professional and recreational sports through the lens of the economic forces that determine them. It explores the benefits of the relationship between sports and economics, highlighting ways that economic research can help to understand sports better and the ways that sport provides opportunities to test economic theories. With both theoretical and empirical chapters, the book looks at the development of European sports economics over the last 20 years, the relationship between competitive balance and attendance, and the potential economic impact of sports events. Chapters further examine specific issues in sports from an economic perspective, including labour market restrictions on professional leagues, refereeing, team dynamics, the importance of good players versus good results and the sports analytics revolution due to big data. The use of state-of-the-art empirical methods makes this Modern Guide a crucial read for economists and sports science researchers looking to better understand both the relationship between the two fields and their own area of research. Sports policy makers will also appreciate the in-depth discussion on a range of different recreational and professional sports.

Actors in the world of work are facing an increasing number of challenges, including automatization and digitalization, new types of jobs and more diverse forms of employment. This timely book examines employer and worker responses, challenges and opportunities for social dialogue, and the role of social partners in the governance of the world of work. Through interviews and surveys, the volume provides direct evidence on three central questions: how can we cultivate autonomous, bipartite social dialogue in order to meet these critical challenges? How can the social partners strengthen their representativeness and membership, and extend their influence? What role can social partners and social dialogue play regarding digitalization, and what best practices can be identified? The volume also addresses significant trends such as demographic changes, migration flows, global supply chain management and environmental objectives. It covers the current EU member states while extending analysis to EU candidate and potential candidate countries, thus enlarging coverage to 34 European nations. The detailed evidence by theme and by individual country will provide a unique source of ideas on social actors' innovative roles in ensuring sustainable and inclusive practices in the future world of work. This will be an invigorating read for labour economics and labour policy scholars looking for a better understanding of the new world of work. Labour organizations, employers, trade unions and representatives of national and supranational institutions will also benefit from the detailed case studies in the volume.

Presenting critical insights on how economic activity is constrained by the environment's ability to provide material and energy resources, this timely Research Agenda explores how humanity shapes, and is shaped by, environmental change and sustainability challenges. Chapters highlight how, under these constraints, people may seek to improve their lives and standards of living without undermining the abilities of others to do so now or in the future. With contributions from top economic scholars, as well as from a range of other disciplines including ethics, law, and the physical and life sciences, this book explores how interdisciplinary insights can be integrated to provide meaningful investment and policy advice. Offering diverse understandings of the topic from both the Global North and South, this Research Agenda challenges previous economic conceptualizations of human-environment interactions, exploring resource use and environmental impact from micro- and macro-economic perspectives. Students of environmental and ecological economics will find this to be a thought-provoking and stimulating read. The suggestions for future research and use of clear case studies will also prove valuable for environmental law and ethics scholars, as well as environmental policy-makers. Contributors include: D.C. Andersen, Y. Bramoulle, L.P. Breckenridge, M. Faber, M. Frick, A. Kander, R. Kemp, D. Malghan, R.B. Norgaard, C. Orset, S.V. Ramani, M. Ruth, J. Sager, M. Sagoff, M.R. Sers, D.I. Stern, D.J. Thampapillai, E. van Leeuwen, M.d.M.R. Varas, P.A. Victor

Economic activity is embedded in specific surroundings, and ultimately, these conditions determine productivity and efficiency. However, the use of space in the formal models has been troublesome, but in practical activity, the territory is a crucial determinant when the agents make economic decisions. The interaction between economic activity, territory, and space has become a definitive bedrock in theories throughout the history of thought, such as location theory, urban economics, and new economic geography. Considerations of Territorial Planning, Space, and Economic Activity in the Global Economy analyzes the interaction between territory, economic activity, and human development, sharing interesting histories and deploying an extensive set of methodologies, places, and points of view. Covering key topics such as territorial planning, urban economics, and natural resources, this premier reference source is ideal for economists, policymakers, government officials, industry professionals, researchers, academicians, practitioners, scholars, instructors, and students.

Ghana's economy has grown rapidly over the past decade, and the goal of becoming a middle-income country in the fairly near future now seems attainable. The likely contribution of the oil sector makes the goal look all the more achievable. Yet this goal is unlikely to be attained without a substantial advance in Ghana's industrial capability. This is therefore a good moment to ask some questions. * What are the current capabilities of Ghanaian firms? * Where did those capabilities come from? * Can the development of the oil sector lead to a parallel advance in related local industries? This volume presents the first general overview of Ghana's industrial sector. Each industry is profiled in detail, and the history and capabilities of leading firms are explored at length. ------------------ This is the second volume in John Sutton's "Enterprise Map" series, which profiles the industrial capabilities of selected countries in sub-Saharan Africa. The first volume was on Ethiopia and the forthcoming third volume will be on Tanzania. Further volumes in this series will appear in due course.

This title should be seen as the first building block of any Economics course. The content is organised in such a manner as to proceed logically towards an understanding of macroeconomics. Having studied the title, the student will know what the repo rate, the CPIX, and core inflation are. The student will understand how government debt originates, how it is financed, what its impact on financial markets is, and much more. This title serves as a reference on which students can fall back in years to come and it will stimulate an interest in economics.