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Books > Business & Economics > Economics > Labour economics

Employment and Labour Market in North-East India - Interrogating Structural Changes (Hardcover): Virginius Xaxa, Debdulal Saha,... Employment and Labour Market in North-East India - Interrogating Structural Changes (Hardcover)
Virginius Xaxa, Debdulal Saha, Rajdeep Singha
R4,023 Discovery Miles 40 230 Ships in 12 - 17 working days

This book examines the structural changes in the labour market in North-East India. Going beyond the conventional study of tea and agricultural sectors, it focuses on the nature, pattern and structure of work and employment in the region as well as documents emerging shifts in the labour force towards farm to non-farm dynamics. The chapters explore historical developments in employment patterns, labour market policies, issues of gender and social-religious dimensions, as well as point to growing forms of casual, informal and contractual labour across sectors. Through large-scale data and detailed case studies on unfree labour in plantations and those employed in crafts, handloom and the manufacturing industry, the book provides insights into labour and employment in the region. It also delves into the temporal and spatial dimensions of non-farm employment and its relationship with rural income distribution and labour mobility. By bringing interdisciplinary perspectives from scholars working on North-East India, this work fills a major gap in the political economy of the labour market in the region. The volume will be useful to scholars and researchers of development studies, North-East India studies, labour studies, economics, sociology and political science as well to those involved with governance and policymaking.

Studies in the Theory of Business Cycles - 1933-1939 (Paperback): Michal Kalecki Studies in the Theory of Business Cycles - 1933-1939 (Paperback)
Michal Kalecki
R1,233 Discovery Miles 12 330 Ships in 12 - 17 working days

This volume, originally published in 1966, contains essays from the 1930s and is valuable not only in the context of the history of thought. It provides an excellent introduction to the general theory of employment, interest and money and reflect the most essential features of Kalecki's theory of the business cycle.

Uncovering the Hidden Work of Women in Family Businesses - A History of Census Undernumeration (Paperback): Lisa Geib-Gunderson Uncovering the Hidden Work of Women in Family Businesses - A History of Census Undernumeration (Paperback)
Lisa Geib-Gunderson
R441 Discovery Miles 4 410 Ships in 10 - 15 working days

Data from the United States Census of Population indicate that there has been a dramatic increase in the labor force participation of married women over the twentieth century. This book, first published in 1998, takes issue with this well-known stylized fact. Whereas the labor force literature comments extensively on men's transition from home production to market work, the effect on women's employment has gone more or less unnoticed. The objective of this book is to uncover the work usually omitted from descriptions of wage work and housework - that is, work done in the household for market use - and to examine the various implications of this omission for analysing married women's participation in GNP-producing work over the course of the past century.

Labor Market Segmentation and its Implications - Inequality, Deprivation, and Entitlement (Paperback): Dahlia Moore Labor Market Segmentation and its Implications - Inequality, Deprivation, and Entitlement (Paperback)
Dahlia Moore
R581 Discovery Miles 5 810 Ships in 10 - 15 working days

Occupational sex segregation is one of the most universal and salient characteristics of labor markets. It indicates the different probabilities of members of both genders to take up particular occupations, and traditionally places women at a great disadvantage. This book, first published in 1992, focuses on a comparative analysis of sex-segregated occupational categories and attempts to systematically examine their implications. Since very little is known about Israeli working women, and given the cultural differences between Israel and other, more studied industrialised nations, this book focuses on the Israeli labor market. Through the utilization of several theoretical approaches, combining economic, sociological, and social-psychological perspectives, the book analyses empirical findings concerning labor market perceptions, attitudes and behaviors.

Sex, Career and Family (Paperback): Michael P. Fogarty, Rhona Rapoport, Robert N. Rapoport Sex, Career and Family (Paperback)
Michael P. Fogarty, Rhona Rapoport, Robert N. Rapoport
R1,512 Discovery Miles 15 120 Ships in 12 - 17 working days

In this book, first published in 1971, the authors show from first-hand studies of family and working life (and with evidence from many countries, including the socialist societies of Eastern Europe) the nature of the discrimination facing women in the professions - and how various family and employment patterns might contribute to solving it. Their point is not that some new stereotype should be substituted for traditional views of the role of husbands and wives: different patterns fit different situations.

Education, Training and the Global Economy (Paperback, New edition): David Ashton, Francis Green Education, Training and the Global Economy (Paperback, New edition)
David Ashton, Francis Green
R1,133 Discovery Miles 11 330 Ships in 12 - 17 working days

Across the industrialized and developing world, education and training are regarded as paramount to economic growth, but this view is rarely questioned or analysed. This major book is an in-depth multi-disciplinary investigation of the link between modern economies and education and training systems.Education, Training and the Global Economy takes issue with the notion that simply more or better education and training will inevitably bring economic success. The authors examine theoretical approaches to education and training before surveying empirical data and our knowledge of current skills trends in the global economy. The institutional and historical determinants of routes to low or high skill formation in industrialized economies are thoroughly considered. Particular attention is paid to the new routes to skill formation found in the dynamic Pacific Rim economies. This book will be welcomed by researchers, policymakers and students concerned with training, education and labour economics.

Principles of Macroeconomics - Activist vs. Austerity Policies (Hardcover, 2nd edition): Howard J. Sherman, Michael A.... Principles of Macroeconomics - Activist vs. Austerity Policies (Hardcover, 2nd edition)
Howard J. Sherman, Michael A. Meeropol, Paul D. Sherman
R5,381 Discovery Miles 53 810 Ships in 12 - 17 working days

In the years since 2007 the U.S. economy has endured a severe financial crisis, a Great Recession, and continuing heavy unemployment. These events have led to increasing discontent among many people contributing to a substantial vote for Bernie Sanders and the election of Donald Trump. Meanwhile, Europe has witnessed the rise of nationalist parties and Brexit. In the face of these problems and events, economics must change. Principles of Macroeconomics: Activist vs. Austerity Policies provides an antidote to the standard macro texts offering multiple points of view instead of one standard line, a fact-based focus on the causes and cures of instability in economics, and an examination of inequality in the United States. Readers are introduced to both the Classical view, which takes the conservative approach and argues for an austerity program to reduce the size of the government; and the Progressive view, which argues for government intervention to create a strong recovery. These ideas are applied to all the key macroeconomic topics including economic growth, business cycles, and monetary policy. Using the methodology of Wesley Mitchell and drawing on the work of Keynes, the authors also explore topics such as unemployment, the human cost of economic crashes, increasing inequality of income, and the history of capitalism. This second edition includes new material on the Obama recovery, the crisis in the Eurozone, the rise of populism, and the current state of healthcare, education, and environmental issues in America to bring the text fully up to date. It will be of great interest to undergraduate students and particularly those studying the economics of the United States.

The Welfare State - Its Aims, Benefits and Costs (Hardcover): J.F. Sleeman The Welfare State - Its Aims, Benefits and Costs (Hardcover)
J.F. Sleeman
R3,244 Discovery Miles 32 440 Ships in 12 - 17 working days

Originally published in 1973, The Welfare State traces the historical roots of the Welfare State and considers the problems to which it gives rise, especially in the allocation of resources. It focuses on the economic issue of meeting needs with scarce resources and compares the British experience with that of other countries. It sets out the pattern of the social services since Beveridge and summarises the criticisms levelled at them. It considers the economic issues involved and provides a straightforward presentation of the available policy choices, the discussion poses a direct comparison with other countries. The book offers an overall conspectus of current policy issues against the historical background from which they arise.

The Unemployment Services - A Report Prepared for the Fabian Society (Hardcover): Polly Hill The Unemployment Services - A Report Prepared for the Fabian Society (Hardcover)
Polly Hill
R3,249 Discovery Miles 32 490 Ships in 12 - 17 working days

Originally published in 1940, The Unemployment Services provides a thorough examination of the system of unemployment relief. The book looks at fundamental proposals for the extension of necessary provisions for improving the conditions of the unemployed, and their dependents. The book provides a detailed knowledge of regulations and scales, and uses an unorthodox dissection of the principles embodied in this code of laws, which plays so large a part in the lives of industrial workers and their dependents.

Fair Wages - Strengthening Corporate Social Responsibility (Hardcover): Daniel Vaughan-Whitehead Fair Wages - Strengthening Corporate Social Responsibility (Hardcover)
Daniel Vaughan-Whitehead
R3,268 Discovery Miles 32 680 Ships in 12 - 17 working days

`While many economists, policy-makers and commentators often point at negative effects of globalization on wage inequality and income distribution, few specific proposals have emerged so far. Daniel Vaughan-Whitehead's book should be commended for proposing a concrete approach for addressing the wage-related dimension of the social issues raised by globalization---Pascal Lamy, Director General of the World Trade Organization (WTO), Geneva`Remedies should be found for the worrying global wage trends so well documented in this book, not only by governments but by employers themselves, out of enlightened self-interest rather than generous benefaction, in the pursuit of long-term profitability. Daniel shows that there is still much room for tapping the resources of corporate social responsibility: this potential must be exploited to the full before anything else, and therefore it must be investigated and publicized the way he does.'---D. Mario Nuti, Professor, University of Rome `La Sapienza' and formerly of the London Business School `This is an exceptionally important and timely piece of work for the simple reason that it brings to our attention a global crisis - that of unfair wages. In this volume, Daniel provides an excellent analytical framework and tool that can be applied at firm level. I fully expect that the different dimensions of the fair wage proposed in this book will become standard features of company annual wage reviews and of social audits.'- Auret Van Heerden, President and CEO, Fair Labor Association Over the past decade the emergence of corporate social responsibility (CSR) has helped to improve corporate governance by tackling such burning issues as child labour and human rights violations. However, as the author argues in this important new book, the time has now come to incorporate wage issues into CSR. Daniel Vaughan-Whitehead proposes a new methodology, the `Fair Wage' approach, providing CSR actors with a coherent and comprehensive set of fair wage dimensions and indicators. Application of this new approach in a large-scale auditing exercise on wages in Asia and a number of qualitative case studies in China provides unique, first-hand information on wage practices among suppliers. The results confirm the need to address wage issues using a broad spectrum of wage dimensions, including living wages, minimum wages, social dialogue, payment of working hours and wage development in accordance with prices, enterprise performance and changes in technology and human capital. The `Fair Wage' approach advocated in this book is a first, serious and concerted effort to address the issue of wages, which are increasingly being used as the adjustment variable at the end of the supply chain.

Global Labour and the Migrant Premium - The Cost of Working Abroad (Hardcover): Tugba Basaran, Elspeth Guild Global Labour and the Migrant Premium - The Cost of Working Abroad (Hardcover)
Tugba Basaran, Elspeth Guild
R1,680 Discovery Miles 16 800 Ships in 12 - 17 working days

This book provides the first systematic account of the premium costs that migrants pay to live and work abroad. Reducing the costs of international labour migration, specifically worker-paid costs for low-skilled employment, has become an important item on the global agenda over the last years and is particularly pertinent for the UN's Global Compact on Safe, Orderly and Regular Migration. Recruitment costs alone amount in most migration corridors to anywhere between one and ten months of foreign earnings and many migrants may well lose between one and two years of foreign earnings, if all costs are considered. This book is intended as a primer for evidence-based policy for reducing the costs of international labour mobility. The contributors include academics from law, economics and politics, but also authors from international organizations, non-governmental organizations, as well as the voices of migrants. The hope of the editors is that this small collection sets the basis for evidence-based policies that seek to reduce the costs of international migration. This book will be of interest to scholars and students of migration, globalization, law, sociology and international relations, as well as practitioners and policy makers.

Unproductive Labour in Political Economy - The History of an Idea (Hardcover): Cosimo Perrotta Unproductive Labour in Political Economy - The History of an Idea (Hardcover)
Cosimo Perrotta
R4,152 Discovery Miles 41 520 Ships in 12 - 17 working days

Contemporary mainstream economists see social wealth as the sum of individual incomes, but for three centuries many economists saw wealth as consisting of the public and private resources of a nation. This led them to explore the idea of unproductive labour, which provides a nation with an individual income, but does not contribute to an increase in social wealth or help to foster development. This book analyses the evolution of ideas surrounding unproductive labour, offering an unprecedented history that guides readers from the work of Petty through to the present economic crisis. This volume explores the work of several key scholars, including Smith, Petty, Marx, Ricardo, Mill, Say and Schumpeter. This book is suitable for scholars and researchers with an interest in the history of economic thought, labour economics and economic philosophy. Winner of the 2019 Ernest Lluch Prize from the Spanish Association of Economic History

Managerial Labour Markets in Small and Medium-Sized Enterprises (Paperback): Pooran Wynarczyk, Robert Watson, David J. Storey,... Managerial Labour Markets in Small and Medium-Sized Enterprises (Paperback)
Pooran Wynarczyk, Robert Watson, David J. Storey, Helen Short, Kevin Keasey
R1,173 Discovery Miles 11 730 Ships in 12 - 17 working days

Focussing on the relatively few small firms which grew rapidly, this book, originally published in 1993 uses face-to-face interviews as well as published records to identify and analyse the managerial factors most closely associated with successful small firms. The volume concentrates on the following key managerial issues: In what respects do the managerial backgrounds and aspirations of the founders of fast-growth small firms differ from those of non-fast-growth small firms? How is the process of growth managed? What incentives, remuneration packages and communication systems are instituted? How do these characteristics and experiences differ in fast-growth small firms from both the traditional small firm and large-firm sector? To what extent is it possible to explain the relative economic performance of small firms in terms of differences in their ownership, organizational and management structures.

New Firms and Regional Development in Europe (Paperback): David Keeble, Egbert Wever New Firms and Regional Development in Europe (Paperback)
David Keeble, Egbert Wever
R1,175 Discovery Miles 11 750 Ships in 12 - 17 working days

When originally published in 1986, this book was one of the first to deal solely with the urban and regional incidence and development implications of new firm formation in particular EU countries. It reviews the extent of and reasons for geographical variation in numbers of new firms, examines the nature of such firms and assesses the regional impact and policy implications in various EC countries.

Employment, the Small Firm and the Labour Market (Paperback): John Atkinson, David J. Storey Employment, the Small Firm and the Labour Market (Paperback)
John Atkinson, David J. Storey
R581 Discovery Miles 5 810 Ships in 10 - 15 working days

This volume provides a rigorous examination of key issues relating to employment in small businesses. These include an anlysis of the true extent of job crreation provided by small firms, the rleative quality of jobs in small firms, the growth of self-employment during the 1980s and the way in which the small firm interacts with its local labour markets. These issues are examined in an international context, wth comparative examples from the USA, the UK and Europe.

Dependent Self-Employment - Theory, Practice and Policy (Hardcover): Colin C. Williams, Ioana A. Horodnic Dependent Self-Employment - Theory, Practice and Policy (Hardcover)
Colin C. Williams, Ioana A. Horodnic
R2,731 Discovery Miles 27 310 Ships in 12 - 17 working days

Dependent self-employment is widely perceived as a rapidly growing form of precarious work conducted by marginalised lower-skilled workers subcontracted by large corporations. Unpacking a comprehensive survey of 35 European countries, Colin C. Williams and Ioana Alexandra Horodnic map the lived realities of the distribution and characteristics of dependent self-employment to challenge this broad and erroneous perception. Featuring rigorous empirical research, Dependent Self-Employment moves beyond the reliance on anecdotal evidence to fill in gaping lacunae in our understanding of employment. Reporting on the European Working Conditions Survey of 2015, this impressive book provides a crucial contribution to our understanding of dependent self-employment in the 21st century, challenging not only academic perceptions, but also depictions of work in the media and political discourse. The authors expertly navigate the 'grey zone' of defining dependent self-employment, embracing the spectrum of employment relationships and outlining the limits to the rights and authority of the dependently self-employed. Bold and comprehensive, this timely book offers critical insight for researchers at all levels exploring the nature and distribution of employment in Europe. Given the current public debates on the platform economy, this book will also prove useful for practitioners and policy-makers in labour inspectorates, tax administrations and social security institutions worldwide.

A Theory of Full Employment (Hardcover): Nancy Brenner-Golomb A Theory of Full Employment (Hardcover)
Nancy Brenner-Golomb
R2,642 Discovery Miles 26 420 Ships in 12 - 17 working days

In A Theory of Full Employment, Y. S. Brenner reviews the current drift toward a society he finds neither economically expedient nor morally attractive, and N. Brenner-Golomb discusses the risks involved for science and society in the newfangled sophism hiding behind post-modern ideas and "political correctness." Both authors emphasize the need to revive the public's political engagement and revise economic theory to restore to society the humane perspective that inspired the welfare state. They contend that if people will abandon outworn habits of thought, consider alternatives, and renew their political engagement, they may find useful employment for all who are able and willing to work and end the fear of destitution. Although scientists' philosophical backgrounds seldom influence their answers, they do determine their questions, and the final outcome can depend on this. Neoclassical economists are ill equipped to ask questions about the long-term dynamic processes of our complex economic reality. They leave out of their models variables not easily quantified and prefer mathematical precision to the study of the intricacy of life. Paul Samuelson, Robert Solow, and others have tried to overcome this by grouping self-adjusting elements into "proxy" variables, thus synthesizing neoclassical and Keynesian ideas. But most of today's critics of the ruling dogma go largely unheard. This volume is intended to convince professional economists who study the economic system as a whole to reexamine some of the assumptions behind reigning economic theories. A second objective is to explain to the general public why currently fashionable policies cannot solve massive long-term unemployment. Finally, it shows that if political engagement is revived, we may escape the economic morass and moral wasteland into which, the fashionable policies have been leading us since the 1970s. This book will appeal to economists, politicians, sociologists, and a wider public concerned about today's economic malaise.

The Four-Day Workweek (Hardcover): Robert Grosse The Four-Day Workweek (Hardcover)
Robert Grosse
R4,136 Discovery Miles 41 360 Ships in 12 - 17 working days

This provocative book makes a compelling case for reducing the number of workdays in a week to four. Globalization has brought with it fiercer competition and greater worker mobility, and as organizations compete for top talent, they are becoming more open to unconventional worker arrangements, such as remote working and flextime. International business expert, Robert Grosse, draws on scholarly research to construct an appealing argument for why the four-day workweek benefits both the organization and the employee. Research has demonstrated that longer work hours harm the individual and don't amount to a more effective organization, which begs the question: then why do it? The book goes beyond merely arguing that a reduced workweek is a good idea. It delves into why, explores the means for achieving it, and scrutinizes the barriers to getting there. This is a book for forward-thinking executives, leaders, and academics who understand that work-life balance is the secret sauce not only for organizational success, but also for greater productivity and satisfaction in their careers and those of the people they manage.

Problems of Labour and Inflation (Paperback): Hilde Behrend Problems of Labour and Inflation (Paperback)
Hilde Behrend
R856 R532 Discovery Miles 5 320 Save R324 (38%) Ships in 12 - 17 working days

The essays in this book, originally published in 1984, examine many problems within the structure of industry including wage policies, financial incentives and other economic policies. The book discusses the problems from two standpoints: that of the economist who is concerned with labour as a resource and the psychologist concerned with the behavioural activity of the labour force. This inter-disciplinary approach ensures the relevance of the essays to social scientists, managers and policy-makers.

Wage Restraint and the Control of Inflation - An International Survey (Paperback): Beth Bilson Wage Restraint and the Control of Inflation - An International Survey (Paperback)
Beth Bilson
R851 R526 Discovery Miles 5 260 Save R325 (38%) Ships in 12 - 17 working days

Since 1945 preventing runaway wage inflation has been regarded as a key policy in managing an economy in a successful way. The exact nature of pay control has varied from country to country and from time to time. This book, originally published in 1987, examines pay control policies in major Western economies. It surveys developments from 1945 and explores the aims of pay policies and discusses the problems of implementation, comparing the different kinds of policies. By comparing the performance of these different approaches the book assesses the merits and pitfalls of the different approaches.

Inflation and Unemployment - Theory, Experience and Policy Making (Paperback): Victor E Argy, John Nevile Inflation and Unemployment - Theory, Experience and Policy Making (Paperback)
Victor E Argy, John Nevile
R1,182 Discovery Miles 11 820 Ships in 12 - 17 working days

Originally published in 1985 and contributed to by internationally renowned economists, this volume discusses theoretical issues and country-specific experiences to review the underlying causes of the stagflation of the 1970s and early 1980s, as well as summarizing the kinds of macro-policies that were adopted to deal with the stagflation.

Islamic Macroeconomics - A Model for Efficient Government, Stability and Full Employment (Hardcover): Raja Almarzoqi, Walid... Islamic Macroeconomics - A Model for Efficient Government, Stability and Full Employment (Hardcover)
Raja Almarzoqi, Walid Mansour, Noureddine Krichene
R3,537 Discovery Miles 35 370 Ships in 12 - 17 working days

Islamic Macroeconomics proposes an Islamic model that offers significant prospects for economic growth and durable macroeconomic stability, and which is immune to the defects of the economic models prevailing both in developed and developing countries. An Islamic model advocates a limited government confined to its natural duties of defence, justice, education, health, infrastructure, regulation, and welfare of the vulnerable population. It prohibits interest-based debt and money, and requires full liberalization of all markets including labor, financial, commodity, trade, and foreign exchange markets. The government should be Sharia-compliant in its taxation power and regulatory intervention; it ought to reduce unproductive spending in favor of productive spending. This book is essential reading for students and academics of Islamic economics and finance, economists, practitioners, and researchers.

Economic Institutions and the Demand and Supply of Labor - The Collected Essays of Orley Ashenfelter, Volume Three (Hardcover):... Economic Institutions and the Demand and Supply of Labor - The Collected Essays of Orley Ashenfelter, Volume Three (Hardcover)
Kevin F. Hallock
R4,211 Discovery Miles 42 110 Ships in 12 - 17 working days

This is the third of three volumes containing the published and unpublished economic papers of Orley Ashenfelter written between 1966 and 1994. A complete and cross-referenced chronological list of all of the works featured in this set is included. The volumes begin with an interview in which Professor Ashenfelter covers highlights of his professional life, a discussion of many of the essays and papers featured in these volumes, and his reflections on the development of economics over the course of his career. Employment, Labor Unions and Wages and Education, Training and Discrimination are the companion volumes to Economic Institutions and the Demand and Supply of Labor, which together provide a distinguished collection of Ashenfelter's essays. These three volumes contain highlights of the published and unpublished economic papers of Orley Ashenfelter written between 1966 and 1993. A complete and cross-referenced chronological list of all of the works featured in this set is included. The volumes begin with an interview of Professor Ashenfelter which covers highlights of his professional life, a discussion of many of the essays and papers featured in these volumes, and his reflections on the development of economics over the course of his career.

Labour, Finance and Inequality - The Insecurity Cycle in British Public Policy (Hardcover): Suzanne J. Konzelmann, Simon... Labour, Finance and Inequality - The Insecurity Cycle in British Public Policy (Hardcover)
Suzanne J. Konzelmann, Simon Deakin, Marc Fovargue-Davies, Frank Wilkinson
R4,148 Discovery Miles 41 480 Ships in 12 - 17 working days

Following the 2008 "global" financial crisis, the viability of globalised financial capitalism was called into question. The resulting fear and uncertainty produced a momentary return to "Keynesian" policies. But as soon as emergency stimuli - and bank bail-outs - appeared to stabilise the situation, there was a sharp reversal; and successive British governments and the financial sector have since attempted to return to business as usual. Historically, much smaller shocks have been able to produce dramatic change, with the 1978 "Winter of Discontent" providing a catalyst for the election of Margaret Thatcher, the ultimate abandonment of the post-war Keynesian consensus, and the ushering-in of neoliberalism. Nor is apparent success a guarantee against change, with Winston Churchill being swept from office by the first majority Labour government in 1945 - at a point which should have marked his greatest triumph. In this book, these apparently inexplicable shifts in the conventional wisdom and the accompanying policy paradigm are explored through the lens of the interest groups that have jostled for position since the second industrial revolution. In this context, inequality, poverty, free market capitalism and the social welfare state have interacted in an uneasy, dynamic dance - the "insecurity cycle". The authors explore these interactions, their impact on the relationship between society and the economy, and the possible implications of Brexit and a re-energised political left. Written in an engaging and accessible style, Labour, Finance and Inequality will be a key resource for academics and students of social and political economics as well as public policy. It will also offer considerable insight to policy makers and a more general non-specialist audience.

Evolutionary Theories of Economic and Technological Change - Present Status and Future Prospects (Hardcover): Pier Paolo... Evolutionary Theories of Economic and Technological Change - Present Status and Future Prospects (Hardcover)
Pier Paolo Saviotti, Stan Metcalfe
R3,087 Discovery Miles 30 870 Ships in 12 - 17 working days

Recently, evolutionary theories of economic and technological change have attracted a considerable amount of attention which reflects the problems encountered by mainstream analysis of dynamic phenomena and quantitative change. This book, originally published in 1991, develops the debate and draws on the concepts of evolutionary biology, nonequilibrium thermodynamics, systems and organization theory. While recognizing that new technology is not the cause of quantitative change, the editors claim it should play a more central role in economic theory and policy. At the same time, the ground is laid for a more generalized concept of innovation and experimentation and their relation to routine activities. The book is intended for economists.

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