This book tells the story of the power generation gas turbine from the perspective of one of the leading companies in the field over a period of nearly 100 years, written by an engineer. Especially in times of imminent global economic crises it appears to be worthwhile to reflect on real economic values based on engineering ingenuity and enduring management of technological leadership. Though the book is primarily designed as a technical history of the BBC/ABB/Alstom power generation gas turbines, its scope is sufficiently broad to cover general development trends, including parallel competitor activities. A special benefit is the historical breakdown to the gas turbine component level, so that the book actually outlines the development of axial compressors from early beginnings, the progress in combustion technology towards extraordinary low emission values and that of axial turbines with special emphasis on early turbine cooling innovations. The sheer length of certain engineering developments over several decades allows interesting historic observations and deductions on inherent business mechanisms, the effects of technology preparations and organisational consequences. A look into the mirror of the past provides revelations on the impact of far-reaching business decisions. 2017 Winner of the Historian Engineer Award of the ASME (American Society of Mechanical Engineers

"Geld" ist in modernen Volkswirtschaft einerseits unbestrittene Notwendigkeit, andererseits Objekt sowohl sachlicher wie auch emotionaler Diskussion. Dieses Buch stellt das Geld der Kreditgeldwirtschaft in seiner Universalität vor. Dabei ergeben sich Problemlösungen auch zu den Randerscheinungen der Geldwirtschaft, die vorhier nicht oder nicht in vollem Umfang möglich waren. Die "Geldeckungsproblematik" etwa konnte in Bezug auf das heute umlaufende Geld bisher keiner vernunftgereichten Lösung zugeführt werden. Der Autor gibt eine intersubjektiv akzeptierbare Antwort. Er beschäftigt sich zudem auch mit den aktuellen Fragen der Geldwirtschaft und liefert nützliche Aufschlüsse zum Problem der Tilgungsfähigkeit von Großschuldern.

This book tells the story of the power generation gas turbine from the perspective of one of the leading companies in the field over a period of nearly 100 years, written by an engineer. Especially in times of imminent global economic crises it appears to be worthwhile to reflect on real economic values based on engineering ingenuity and enduring management of technological leadership. Though the book is primarily designed as a technical history of the BBC/ABB/Alstom power generation gas turbines, its scope is sufficiently broad to cover general development trends, including parallel competitor activities. A special benefit is the historical breakdown to the gas turbine component level, so that the book actually outlines the development of axial compressors from early beginnings, the progress in combustion technology towards extraordinary low emission values and that of axial turbines with special emphasis on early turbine cooling innovations. The sheer length of certain engineering developments over several decades allows interesting historic observations and deductions on inherent business mechanisms, the effects of technology preparations and organisational consequences. A look into the mirror of the past provides revelations on the impact of far-reaching business decisions.