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This book reviews advances in understanding of the past ca. two
million years of Earth history - the Quaternary Period - in the
United States. It begins with sections on ice and water - as
glaciers, permafrost, oceans, rivers, lakes, and aquifers. Six
chapters are devoted to the high-latitude Pleistocene ice sheets,
to mountain glaciations of the western United States, and to
permafrost studies. Other chapters discuss ice-age lakes, caves,
sea-level fluctuations, and riverine landscapes. With a chapter on
landscape evolution models, the book turns to essays on geologic
processes. Two chapters discuss soils and their responses to
climate, and wind-blown sediments. Two more describe volcanoes and
earthquakes, and the use of Quaternary geology to understand the
hazards they pose. The next part of the book is on plants and
animals. Five chapters consider the Quaternary history of
vegetation in the United States. Other chapters treat forcing
functions and vegetation response at different spatial and temporal
scales, the role of fire as a catalyst of vegetation change during
rapid climate shifts, and the use of tree rings in inferring age
and past hydroclimatic conditions. Three chapters address
vertebrate paleontology and the extinctions of large mammals at the
end of the last glaciation, beetle assemblages and the inferences
they permit about past conditions, and the peopling of North
America. A final chapter addresses the numerical modeling of
Quaternary climates, and the role paleoclimatic studies and
climatic modeling has in predicting future response of the Earth's
climate system to the changes we have wrought.
There is a resurgence of interest in the 'Austrian School' of
economics, notably the work of Menger, Mises and Hayek. In contrast
to neoclassical economics, the Austrian school has always
emphasised the importance of incorporating differences in
knowledge, beliefs and expectations into economic analysis. This
approach leads to the notion of competition as a dynamic process of
discovery and co-ordination, instead of a static state of general
equilibrium. Market devices such as product differentiation and
advertising, long condemned as uncompetitive, are evidence that the
market process of discovery and coordination is working.
Neoclassical welfare economics envisages an important role for
government as correcting 'market failure' and hence supports the
concept of a mixed economy. Austrian economics casts doubt on the
ability of government to acquire the knowledge necessary to improve
upon the market. The Monopolies and Mergers Commission is an
inadequate safeguard for consumers, and prohibiting mergers may
limit competition. A more effective protection against monopoly
would be the abolition of patent laws. Marginal cost pricing and
investment rules provide a naive and unenforceable framework of
control for nationalised industries. Consumers could be better
safeguarded by the abolition of statutory monopolies. 'External'
nuisances like noise and pollution are more effectively dealt with
by making producers legally liable for them, and by creating
property rights to be traded on markets, than by cost-benefit
analyses or 'externality taxes'. Planning agreements are likely to
hamper the competitive process. There is no reason to believe the
National Enterprise Board will make better decisions than the
market. Austrian economics suggests that the free market will be
more effective than the 'mixed economy' in discovering and meeting
the wishes of consumers.
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Proceedings (Paperback)
Charleston S C State Right Convention
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R398
Discovery Miles 3 980
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Ships in 12 - 19 working days
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Unlike some other reproductions of classic texts (1) We have not
used OCR(Optical Character Recognition), as this leads to bad
quality books with introduced typos. (2) In books where there are
images such as portraits, maps, sketches etc We have endeavoured to
keep the quality of these images, so they represent accurately the
original artefact. Although occasionally there may be certain
imperfections with these old texts, we feel they deserve to be made
available for future generations to enjoy.
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