This is a clear guide to the German financial system. It begins by outlining its historical development, emphasising the growth of close ties between the banking system and industry, and goes on to describe in details the nature of the credit institutions in general and the money and capital markets.

The book emphasizes the crucial role played by the autonomy of the Bundesbank and it explains with clear illustrations the instruments available to it to conduct monetary policy. It analyses the type of monetary target adopted by the Bundesbank in the early 1970s and deals with the transferability of the West German financial system to other countries. Wherever relevant, parallels and differences between that system and the ones operating in the US and UK are pointed out.

The Dark Side of Reform: Exploring the Impact of Public Policy on Racial Equity contains nine chapters on the development of social policies with the potential to advance racial equity. In addition to studying these policies and their implications, the chapters in this volume demonstrate how lessons from the past can be used to inform the direction of current discussions. At the heart of these conversations are concerns about whether Black people, in particular, will receive the full benefit of transformative laws that may emerge in the coming years. The volume also offers recommendations on implementing policies that address the unique concerns of structurally disadvantaged communities with particular emphasis on Black and Latinx people.

This is a clear guide to the German financial system. It begins by outlining its historical development, emphasising the growth of close ties between the banking system and industry, and goes on to describe in details the nature of the credit institutions in general and the money and capital markets.

The book emphasizes the crucial role played by the autonomy of the Bundesbank and it explains with clear illustrations the instruments available to it to conduct monetary policy. It analyses the type of monetary target adopted by the Bundesbank in the early 1970s and deals with the transferability of the West German financial system to other countries. Wherever relevant, parallels and differences between that system and the ones operating in the US and UK are pointed out.

""What I particularly appreciated as I read through these texts is that each one is an engaging meditation that combines sound theology with poetic skill. I think they would be an enrichment to any worshiping community and certainly food for personal reflection and prayer."" The Most Rev. Frank T. Griswold, Presiding Bishop of the Episcopal Church Before Michael Hudson was ordained, he was a successful songwriter in the Contemporary Christian field with 75 hymns to his credit. As his journey led him to become a liberal Anglican, he turned his considerable skill at matching text and tune to writing hymn texts. He began a spiritual discipline of writing a text for each of the gospels of the three-year cycle of Scripture readings. The result is a collection of 153 beautiful, evocative, and very singable poetic hymn texts. Each text can be sung to at least one familiar hymn tune, making the material easily accessible to congregations. A hymn tune index and a thematic index provide additional planning possibilities. Based on the Episcopal lectionary in the Book of Common Prayer, hymn tunes are suggested for each text and are indexed metrically so that substitutions may be made when necessary. Songs may be reproduced for congregational use.

The contribution of the American School of Political Economy (1848 to 1914) to America's wildly successful industrial development has disappeared from today's history books. American protectionists and technology theorists of the day were concerned with securing an economic competitive advantage and conversely, with offsetting the soil depletion of 19th century America's plantation export agriculture. They also emphasized the positive effect of rising wage levels and living standards on the productivity that made the American economic takeoff possible. The American School's "Economy of High Wages" doctrine stands in contrast to the ideology of free traders everywhere who accept low wages and existing productivity as permanent and unchanging "givens," and who treat higher consumption, health and educational standards merely as deadweight costs. Free trade logic remains the buttress of today's financial austerity policies imposed on debtor economies by the United States, the World Bank, and the International Monetary Fund. By contrast, the lessons of the American School of Political Economy can provide a more realistic and positive role model for other countries to emulate - what the United States itself has done, not what its condescending "free-trade" diplomats are telling them to do. The lesson is to adopt the protectionist policies of the late 19th and early 20th centuries that made America an economic superpower. Michael Hudson (Distinguished Professor of Economics, University of Missouri, Kansas City) is a frequent contributor to The Financial Times, Counterpunch, and Global Research.