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How did economic ''experts'' worldwide fail to predict the
financial crisis of 2007-2008? Eminent economist Paul Davidson
discusses how mainstream economic theory may not be applicable to
the world of experience. Post Keynesian theory, on the other hand,
is designed to be applicable to the real world, and this book shows
how applying it to policy formulation could help practically
resolve economic problems. Davidson goes on to show how many Post
Keynesian economists warned of the crisis as early as 2002. Post
Keynesian Theory and Policy challenges the axioms on which orthodox
economic theory is based and argues against their applicability to
a money-using, market-oriented economy. It explores the basis for
Keynes's revolutionary general theory and seeks to dispel
misconceptions often found in orthodox textbooks. This accessible
and expertly constructed book explains why modern economies use
money-denominated contracts to organize all market transactions for
production and exchange and why the law of comparative advantage's
argument for free trade is not applicable to mass production
industries' exports and imports. This book is a valuable resource
for professional economists as well as students and academics in
economics, political Science, and history, who will appreciate its
new perspective and analysis of global financial events.
This book brings together an important body of new essays on key
economic problems and challenges of the 1990s. The essays provide
new perspectives on key issues including economic development, East
Europe, 1992, the US trade deficit, protectionism, the unification
of Germany, privatization and many other topical issues. The papers
included in the volume were presented at a conference organized by
Paul Davidson and Jan Kregel and organized around three basic
areas: problems of economic development, debt and the international
payments system; integration and reconstruction of Western and
Eastern Europe; and problems facing the US economy. The
contributors represent an international group of distinguished
economists. Economic Problems of the 1990s is an essential
reference point for all economists concerned with economic problems
and prospects in the late 20th century. It provides readers with an
understanding of the problems facing the international economy and
with innovative suggestions for solutions.
How did economic ''experts'' worldwide fail to predict the
financial crisis of 2007-2008? Eminent economist Paul Davidson
discusses how mainstream economic theory may not be applicable to
the world of experience. Post Keynesian theory, on the other hand,
is designed to be applicable to the real world, and this book shows
how applying it to policy formulation could help practically
resolve economic problems. Davidson goes on to show how many Post
Keynesian economists warned of the crisis as early as 2002. Post
Keynesian Theory and Policy challenges the axioms on which orthodox
economic theory is based and argues against their applicability to
a money-using, market-oriented economy. It explores the basis for
Keynes's revolutionary general theory and seeks to dispel
misconceptions often found in orthodox textbooks. This accessible
and expertly constructed book explains why modern economies use
money-denominated contracts to organize all market transactions for
production and exchange and why the law of comparative advantage's
argument for free trade is not applicable to mass production
industries' exports and imports. This book is a valuable resource
for professional economists as well as students and academics in
economics, political Science, and history, who will appreciate its
new perspective and analysis of global financial events.
This important new book brings together a significant body of new
essays on some of the central economic problems facing governments,
firms and individuals in the 1990s. Under the direction of Paul
Davidson and Jan Kregel, an international group of distinguished
economists provide new perspectives on key issues including
employment, corporate and work place restructuring, economic growth
and development, financial integration and transformation of the
former command economies. Combining rigorous scholarly assessments
of the issues with policy prescription, the contributors seek to
provide solutions to the problem of providing full employment, to
identify the factors determining the expansion of the economy, and
to analyse the impact of financial markets, financial derivatives
and international regulations on domestic and global economic
performance. Employment, Growth and Finance will be welcomed by all
those interested in the solutions to international economic
problems being developed by post Keynesian economists.
Reading Champion offers independent reading books for children to
practise and reinforce their developing reading skills. Fantastic,
original stories are accompanied by engaging artwork and a reading
activity. Each book has been carefully graded so that it can be
matched to a child's reading ability, encouraging reading for
pleasure. Independent Reading Yellow stories are perfect for
children aged 4+ who are reading at book band 3 (Yellow) in
classroom reading lessons. Sam's family is anything but ordinary -
in fact, it is super! But what about Sam?
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2000 AD Regened Volume 2 (Paperback)
Matthew Smith; Illustrated by Nicolo Assirelli; John Reppion; Illustrated by Davide Tinto; Cavan Scott; Illustrated by …
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R242
Discovery Miles 2 420
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Ships in 12 - 17 working days
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2000 AD Regened is a thrill-powered collection for earthlets of all
ages, featuring your favourite 2000 AD characters! Reimagined
versions of classic characters like Dredd, Judge Anderson and
Johnny Alpha star in action packed adventures alongside brand new
characters, specially created for a younger audience. It's a race
against time as Cadet Dredd and his clone brother Rico have to
defuse a hostage situation in 'Bad Seeds'. When Judge Anderson
encounters a malevolent force trying to turn the kids of Mega-City
One into swots she has to RESTORE mayhem to the streets. Other
characters include Pandora Perfect: futuristic criminal, terrible
babysitter and all round bad 'un, teenage mutant bounty hunter
Johnny Alpha and the return of ghostbusting duo Finder and Keeper.
All this and more in the second volume of 2000 AD's celebrated
series of all-ages science fiction stories!
Exciting, monster-based, choose-your-own-destiny adventure story in
which YOU are the hero Take on the role of the Monster Hunter in
this fully interactive, flick-through-the pages,
choose-your-own-destiny adventure story. YOU are the Monster
Hunter, fighter of deadly mummies and protector of the living! When
your services are needed, will you answer the call? You decide...
In each adventure the reader makes a choice that affects how the
story progresses - it really is 'decide-your-own-destiny! Reading
Age 6-8 years, Interest Range 7-10 years and printed using a font
approved by the British Dyslexia Association Written by the
award-winning duo Steve Barlow and Steve Skidmore (more commonly
known as the 2Steves).
In this updated and revised edition of Post Keynesian Macroeconomic
Theory, Paul Davidson explains how and why contemporary
macroeconomic textbooks fail to incorporate Keynes's liquidity and
financial analysis framework to explain the importance of money and
financial markets in the real world of experience. This important
text develops Keynes's analytical framework for both closed and
open economies and provides policy guidance for the global economy
of the twenty-first century. In particular, it deals with problems
such as inflation, financial contagion, global unemployment,
outsourcing, trade patterns, and developing an international
financial system that encourages expansionary growth among all
trading partners while avoiding sovereign debt problems. Using this
textbook in macroeconomics courses will provide students with a
pragmatic insight that will be both useful and productive.
Contents: 1. The Background for Keynes's Revolution 2. The
Essential Difference between the General Theory and the Classical
System 3. Taxonomy, Axioms and Expenditures Related to Income:
Keynes's D1 Category 4. Investment Spending 5. Government and the
Level of Output 6. Delving Further into the Relationship between
Money, Liquidity and Uncertainty 7. Liquidity Preference the Basis
of Keynes's Revolution 8. The Finance Motive and the
Interdependence of the Real and Monetary Sectors 9. Financial
Markets, Fast Exits and Great Depressions and Recessions 10.
Inflation: Causes and Cures 11. Keynes's Aggregate Supply and
Demand Analysis 12. The Demand and Supply of Labour 13. Money in an
International Setting 14. Trade Imbalances and International
Payments 15. International Liquidity and Exchange Rate Stability
16. Financing the Wealth of Nations 17. Export-led Growth and a
Proposal for an International Payments Scheme 18. Epilogue: Truth
in Labelling and Economic Textbooks Index
Paul Davidson investigates why the 1990s was a decade of financial
crises that almost precipitated a global market crash. He explores
the reasons why the global economy still struggles with the
aftermath of these crises and discusses the possibility that
volatile financial markets in the future will have real impacts on
whole industries and national economic systems. The author
highlights the central role that domestic and international
financial markets play in determining the economic growth rate,
unemployment rate and international payments position of capitalist
economies. He explains why the primary function of financial
markets is to create liquidity and demonstrates that a liquid
market cannot be efficient, and an efficient market cannot be
liquid. He also proves that preventing liquidity problems from
developing in national and international financial markets is the
key element in fostering prosperity. Statistical evidence and
theoretical analysis are combined to demonstrate why orthodox
prescriptions for 'liberalizing' labor, product, and capital
markets are the wrong policies for promoting a civilized society in
the 21st century. Professional economists, financial reporters,
government policy makers, those working in international economic
organizations such as the IMF, the World Bank and the WTO, and
concerned citizens will all benefit greatly from reading this
highly acclaimed book.
The purpose of this volume is to reopen the discussion of how to
develop the economic theory of investment to better model the facts
of experience and to provide policy makers with a better
understanding of how capital markets work. In this final decade of
the twentieth century, almost everyone agrees that human progress
will be closely related to the decisions regarding the investments
made to promote economic growth of output. Despite the Nobel prize
work done in recent decades, economic performance in this area
seems to have worsened. Clearly, a reopening of public discussion
on what is required is necessary. Until we get our theory right, it
is impossible to get our public policy right. This book does not
promise to provide "the" correct theory. Instead, it hopes to
stimulate the reader into an understanding of where we may have
gone wrong, and how we might rectify our mistakes.
The purpose of this volume is to reopen the discussion of how to
develop the economic theory of investment to better model the facts
of experience and to provide policy makers with a better
understanding of how capital markets work. In this final decade of
the twentieth century, almost everyone agrees that human progress
will be closely related to the decisions regarding the investments
made to promote economic growth of output. Despite the Nobel prize
work done in recent decades, economic performance in this area
seems to have worsened. Clearly, a reopening of public discussion
on what is required is necessary. Until we get our theory right, it
is impossible to get our public policy right. This book does not
promise to provide "the" correct theory. Instead, it hopes to
stimulate the reader into an understanding of where we may have
gone wrong, and how we might rectify our mistakes.
In this updated and revised edition of Post Keynesian Macroeconomic
Theory, Paul Davidson explains how and why contemporary
macroeconomic textbooks fail to incorporate Keynes's liquidity and
financial analysis framework to explain the importance of money and
financial markets in the real world of experience. This important
text develops Keynes's analytical framework for both closed and
open economies and provides policy guidance for the global economy
of the twenty-first century. In particular, it deals with problems
such as inflation, financial contagion, global unemployment,
outsourcing, trade patterns, and developing an international
financial system that encourages expansionary growth among all
trading partners while avoiding sovereign debt problems. Using this
textbook in macroeconomics courses will provide students with a
pragmatic insight that will be both useful and productive.
Contents: 1. The Background for Keynes's Revolution 2. The
Essential Difference between the General Theory and the Classical
System 3. Taxonomy, Axioms and Expenditures Related to Income:
Keynes's D1 Category 4. Investment Spending 5. Government and the
Level of Output 6. Delving Further into the Relationship between
Money, Liquidity and Uncertainty 7. Liquidity Preference the Basis
of Keynes's Revolution 8. The Finance Motive and the
Interdependence of the Real and Monetary Sectors 9. Financial
Markets, Fast Exits and Great Depressions and Recessions 10.
Inflation: Causes and Cures 11. Keynes's Aggregate Supply and
Demand Analysis 12. The Demand and Supply of Labour 13. Money in an
International Setting 14. Trade Imbalances and International
Payments 15. International Liquidity and Exchange Rate Stability
16. Financing the Wealth of Nations 17. Export-led Growth and a
Proposal for an International Payments Scheme 18. Epilogue: Truth
in Labelling and Economic Textbooks Index
Full employment and growth in the international economy remain the
greatest economic challenges as we approach the twenty-first
century. This important book, edited by two leaders in the field,
rigorously examines these real world problems from a post Keynesian
perspective and provides practical policy solutions for achieving
growth and reducing unemployment.The increasing interdependence of
world trade and the integration of capital markets has led to the
globalization of the international economy. This globalization
demands new policy prescriptions for international growth and
employment without inflation. In order to combat stagflation, a
distinguished group of authors suggests policies for achieving
growth and employment within the framework of an entrepreneurial
market system. They identify and evaluate the factors determining
the expansion of the global economy and assess the impact of
financial markets, derivatives and international regulations on
domestic and global economic performance. Improving the Global
Economy will be of special interest to policymakers,
macroeconomists and all those concerned with global growth and
employment issues.
GET READY FOR A DUST UP IN MEGA-CITY ONE! Mega-City One, the cusp
of the twenty-second century. Eight hundred million people are
living in the ruin of the old world, a planet devastated by atomic
war. Only one thing fighting for order in a metropolis teetering on
the brink of chaos - the men and women of the Hall of Justice.
Judge Dredd and the newly-appointed Judge Anderson are two such
custodians of the law. While Dredd is busy investigating murders
that have occurred after a dust storm blew into the city from the
Cursed Earth, Anderson is struggling with her recent experiences in
law enforcement... Written by Arthur Wyatt and Alec Worley with art
by Paul Davidson and Ben Willsher, this action-packed continuation
of the Dredd movie world is not to be missed!
Paul Davidson investigates why the 1990s was a decade of financial
crises that almost precipitated a global market crash. He explores
the reasons why the global economy still struggles with the
aftermath of these crises and discusses the possibility that
volatile financial markets in the future will have real impacts on
whole industries and national economic systems. The author
highlights the central role that domestic and international
financial markets play in determining the economic growth rate,
unemployment rate and international payments position of capitalist
economies. He explains why the primary function of financial
markets is to create liquidity and demonstrates that a liquid
market cannot be efficient, and an efficient market cannot be
liquid. He also proves that preventing liquidity problems from
developing in national and international financial markets is the
key element in fostering prosperity. Statistical evidence and
theoretical analysis are combined to demonstrate why orthodox
prescriptions for 'liberalizing' labor, product, and capital
markets are the wrong policies for promoting a civilized society in
the 21st century. Professional economists, financial reporters,
government policy makers, those working in international economic
organizations such as the IMF, the World Bank and the WTO, and
concerned citizens will all benefit greatly from reading this
highly acclaimed book.
Controversies in Post Keynesian Economics proves that it is
possible to meet the most exacting scholarly standards while also
managing to make economics enjoyable to read. Professor Davidson
provides a lucid review of the debates between neoclassical
Keynesians, monetarists and post Keynesians. These debates have
been rekindled as a result of the revitalisation of the post
Keynesian tradition coupled with the failure of the monetarist
approach to explain economic developments in the 1980s. He develops
this history of the struggle for the minds of economists, as well
as explaining in intelligible language, the different roles
assigned to money, contracts and the uncertainty of the
inflationary process. In conclusion, he discusses which of these
theories is likely to be most relevant to the economic problems
that will be facing the free world in the 21st century.
Project X Origins is a ground-breaking guided reading programme for
the whole school. This exciting Graphic Texts pack includes
action-packed stories, fascinating non-fiction, carefully selected
poetry and comprehensive guided reading support to meet the needs
of children at every stage of their reading development. Each book
contains inside cover notes with advice on supporting older
children with their reading, ideas for follow-up activities and
higher-level comprehension questions. Project X Origins guided
reading notes offer step-by-step teaching support for each book
with guidance about comprehension, vocabulary, fluency, spelling,
punctuation, grammar and writing. Each set of notes has in-built
assessment and is fully correlated to all UK curricula. This pack
contains 1 set of guided reading notes and 4 reading books, 1 each
of: Time Runs Out, Oliver Twist, For the Fallen and other poems,
Great Pioneers.
This collection includes translated works by Japanese women writers
that deal with the experiences of modern women. The work of these
women represents current feminist perception, imagination and
thought.
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X-force By Benjamin Percy Vol. 7
Benjamin Percy; Illustrated by Robert Gill, Paul Davidson
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R469
R383
Discovery Miles 3 830
Save R86 (18%)
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Ships in 9 - 15 working days
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A Primer in Theory Construction is for those who have already
studied one or more of the social, behavioral, or natural sciences,
but have no formal introduction to the way theories are
constructed, stated, tested, and connected together to form a
scientific body of knowledge. The author discusses scientific
theories in general terms, but also addresses the special
challenges of developing scientific knowledge about social and
human phenomena. This Allyn and Bacon Classics Edition contains the
complete text of the original copyright 1971 version, with new
typography and page design.
Exciting, monster-based, choose-your-own-destiny adventure story in
which YOU are the hero Take on the role of the Monster Hunter in
this fully interactive, flick-through-the pages,
choose-your-own-destiny adventure story. YOU are the Monster
Hunter, fighter of evil half-men-half-robots and protector of the
living! When your services are needed, will you answer the call?
You decide... In each adventure the reader makes a choice that
affects how the story progresses - it really is
'decide-your-own-destiny! Reading Age 6-8 years, Interest Range
7-10 years and printed using a font approved by the British
Dyslexia Association Written by the award-winning duo Steve Barlow
and Steve Skidmore (more commonly known as the 2Steves).
Exciting, monster-based, choose-your-own-destiny adventure story in
which YOU are the hero Take on the role of the Monster Hunter in
this fully interactive, flick-through-the pages,
choose-your-own-destiny adventure story. YOU are the Monster
Hunter, fighter of yetis and protector of the people! When your
services are needed, will you answer the call? You decide... In
each adventure the reader makes a choice that affects how the story
progresses - it really is 'decide-your-own-destiny! Reading Age 6-8
years, Interest Range 7-10 years and printed using a font approved
by the British Dyslexia Association Written by the award-winning
duo Steve Barlow and Steve Skidmore (more commonly known as the
2Steves).
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Seve (Spanish, DVD)
Alvar Gordejuela, Nil Cardoner, Maria Molins, Quim Àvila Conde, José Navar, …
1
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R36
Discovery Miles 360
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Ships in 10 - 20 working days
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Dramatic retelling of the life and career of Spanish professional
golfer Severiano 'Seve' Ballesteros directed by documentary
film-maker John-Paul Davidson. The film shows how Seve grew from a
young boy (José Luis Gutiérrez) playing golf on the beaches of his
native Spain with a broken 3-iron to a world number one and leading
figure in the sport. Told through dramatic re-enactments and
archive footage, the story follows Seve as he overcomes every
hurdle in his journey towards success.
The economic performance of many countries has deteriorated
significantly during the last decade. The 1990s witnessed a global
recession, the Mexican currency crisis and later, the Asian and
Russian crises. The objective of full employment and price
stability appears to be an illusory goal for many of the economies
of the emerging global market system. This book offers new policy
prescriptions from the post Keynesian perspective to achieve full
employment without inflation. Paul Davidson and Jan Kregel - both
world renowned economists - have selected papers that rigorously
examine real world issues including: the challenge of attaining
external balance with internal growth and employment speculation
and volatile financial markets in the quest to achieve full
employment without inflation the role of money in combating
unemployment the role of institutions in stabilizing economies the
advantages and disadvantages of the Euro and its implications in
the world economy Keynes's plan to reform the international
payments system in the post war era The book will be welcomed by
economists, especially those interested in international economics,
by politicians, policymakers and by all those concerned with global
employment and inflation issues.
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