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› Find signed collectible books: 'The Accursed Share: An Essay on General Economy Consumption'
Most Anglo-American readers know Bataille as a novelist. The Accursed Share provides an excellent introduction to Bataille the philosopher. Here he uses his unique economic theory as the basis for an incisive inquiry into the very nature of civilization. Unlike conventional economic models based on notions of scarcity, Bataille's theory develops the concept of excess: a civilization, he argues, reveals its order most clearly in the treatment of its surplus. The result is a brilliant blend of ethics, aesthetics, and cultural anthropology that challenges both mainstream economics and ethnology.
Georges Bataille (1897-1962), founder of the French review Critique, wrote fiction and essays on a wide range of topics. His books in English translation include Story of the Eye, Blue of Noon, Literature and Evil, Manet, and Erotism.
Robert Hurley is the translator of History of Sexuality by Michel Foucault and cotranslator of Anti-Oedipus by Gilles Deleuze and Felix Guattari. [via]
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› Find signed collectible books: 'Alec Douglas-Home'
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› Find signed collectible books: 'The Ancient Economy'
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› Find signed collectible books: 'Basic Econometrics'
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› Find signed collectible books: 'Capitalism and the Historians'
A book that will disturb the sleep of a good many scholars" Max Eastman
F. A. Hayek's Introduction lays the groundwork for this study of the rise of the factory system in Great Britain. It also examines why historians have been so critical of capitalism and the factory system. The subsequent essays discuss why intellectuals have usually been antagonistic to capitalism and what effect these historical misconceptions have had on the world's attitude toward business enterprise.
* Papers by distinguished British, American and European economic historians including T. S. Ashton, L. M. Hacker and Bertrand de Jouvenel
* Actual case studies of the English factory system and the English factory worker support the theoretical material. [via]
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› Find signed collectible books: 'The Chastening: Inside the Crisis That Rocked the Global Financial System and Humbled the Imf'
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› Find signed collectible books: 'Choice and Consequence'
Thomas Schelling is a political economist "conspicuous for wandering" an errant economist. In Choice and Consequence, he ventures into the area where rationality is ambiguous in order to look at the tricks people use to try to quit smoking or lose weight. He explores topics as awesome as nuclear terrorism, as sordid as blackmail, as ineffable as daydreaming, as intimidating as euthanasia. He examines ethical issues wrapped up in economics, unwrapping the economics to disclose ethical issues that are misplaced or misidentified.
With an ingenious, often startling approach Schelling brings new perspectives to problems ranging from drug abuse, abortion, and the value people put on their lives to organized crime, airplane hijacking, and automobile safety. One chapter is a clear and elegant exposition of game theory as a framework for analyzing social problems. Another plays with the hypothesis that our minds are not only our problem-solving equipment but also the organ in which much of our consumption takes place.
What binds together the different subjects is the author's belief in the possibility of simultaneously being humane and analytical, of dealing with both the momentous and the familiar. Choice and Consequence was written for the curious, the puzzled, the worried, and all those who appreciate intellectual adventure.
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› Find signed collectible books: 'The Competitive Advantage of Nations'
Now beyond its 11th printing and translated into twelve languages, Michael Porter's The Competitive Advantage of Nations has changed completely our conception of how prosperity is created and sustained in the modern global economy. Porter's groundbreaking study of international competitiveness has shaped national policy in countries around the world. It has also transformed thinking and action in states, cities, companies, and even entire regions such as Central America.
Based on research in ten leading trading nations, The Competitive Advantage of Nations offers the first theory of competitiveness based on the causes of the productivity with which companies compete. Porter shows how traditional comparative advantages such as natural resources and pools of labor have been superseded as sources of prosperity, and how broad macroeconomic accounts of competitiveness are insufficient. The book introduces Porter's "diamond," a whole new way to understand the competitive position of a nation (or other locations) in global competition that is now an integral part of international business thinking. Porter's concept of "clusters," or groups of interconnected firms, suppliers, related industries, and institutions that arise in particular locations, has become a new way for companies and governments to think about economies, assess the competitive advantage of locations, and set public policy.
Even before publication of the book, Porter's theory had guided national reassessments in New Zealand and elsewhere. His ideas and personal involvement have shaped strategy in countries as diverse as the Netherlands, Portugal, Taiwan, Costa Rica, and India, and regions such as Massachusetts, California, and the Basque country. Hundreds of cluster initiatives have flourished throughout the world. In an era of intensifying global competition, this pathbreaking book on the new wealth of nations has become the standard by which all future work must be measured. [via]
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› Find signed collectible books: 'The Confusion'
In the year 1689, a cabal of Barbary galley slaves -- including one Jack Shaftoe, a.k.a. King of the Vagabonds, a.k.a. Half-Cocked Jack, lately and miraculously cured of the pox -- devises a daring plan to win freedom and fortune. A great adventure ensues, rife with battles, chases, hairbreadth escapes, swashbuckling, bloodletting, and danger -- a perilous race for an enormous prize of silver ... nay, gold ... nay, legendary gold that will place the intrepid band at odds with the mighty and the mad, with alchemists, Jesuits, great navies, pirate queens, and vengeful despots across vast oceans and around the globe.
Meanwhile, back in Europe ...
The exquisite and resourceful Eliza, Countess de la Zeur, master of markets, pawn and confidante of enemy kings, onetime Turkish harem virgin, is stripped of her immense personal fortune by France's most dashing privateer. Penniless and at risk from those who desire either her or her head (or both), she is caught up in a web of international intrigue, even as she desperately seeks the return of her most precious possession -- her child.
While ...
Newton and Leibniz continue to propound their grand theories as their infamous rivalry intensifies, stubborn alchemy does battle with the natural sciences, nobles are beheaded, dastardly plots are set in motion, coins are newly minted (or not) in enemy strongholds, father and sons reunite in faraway lands, priests rise from the dead ... and Daniel Waterhouse seeks passage to the Massachusetts colony in hopes of escaping the madness into which his world has descended.
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› Find signed collectible books: 'The Confusion Ltd'
In the year 1689, a cabal of Barbary galley slaves -- including one Jack Shaftoe, a.k.a. King of the Vagabonds, a.k.a. Half-Cocked Jack, lately and miraculously cured of the pox -- devises a daring plan to win freedom and fortune. A great adventure ensues, rife with battles, chases, hairbreadth escapes, swashbuckling, bloodletting, and danger -- a perilous race for an enormous prize of silver ... nay, gold ... nay, legendary gold that will place the intrepid band at odds with the mighty and the mad, with alchemists, Jesuits, great navies, pirate queens, and vengeful despots across vast oceans and around the globe. Meanwhile, back in Europe ... The exquisite and resourceful Eliza, Countess de la Zeur, master of markets, pawn and confidante of enemy kings, onetime Turkish harem virgin, is stripped of her immense personal fortune by France's most dashing privateer. Penniless and at risk from those who desire either her or her head (or both), she is caught up in a web of international intrigue, even as she desperately seeks the return of her most precious possession -- her child. While ... Newton and Leibniz continue to propound their grand theories as their infamous rivalry intensifies, stubborn alchemy does battle with the natural sciences, nobles are beheaded, dastardly plots are set in motion, coins are newly minted (or not) in enemy strongholds, father and sons reunite in faraway lands, priests rise from the dead ... and Daniel Waterhouse seeks passage to the Massachusetts colony in hopes of escaping the madness into which his world has descended. [via]
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› Find signed collectible books: 'The Constitution of Liberty'
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› Find signed collectible books: 'A Contribution to the Critique of Political Economy'
The present translation has been made from the second edition of the Zur Kritik der Politischen Oekonomie published by Karl Kautsky in 1897 with slight changes from the original edition of 1859; changes that had been indicated by Marx on the margins of his own copy of the book. As will be seen from the authors preface, the work was originally issued as the first instalment of a complete treatise of political economy. As he went on with his work, however, Marx modified his plans and eight years after the appearance of the Zur Kritik he published the first volume of his Capital, whose scope was intended to cover the entire field of political economy. The plan to which Marx alludes in the preface to the present work was thus abandoned in its formal as pects, but not in substance. The subject matter treated here was reproduced or rather summarized, as Marx himself puts it, in Capital. But that was done in so far as was necessary to secure continuity of treatment. On the other hand, many important matters are treated here more thoroughly than in Capital, especially the part devoted to the discussion of money.
(Typographical errors above are due to OCR software and don't occur in the book.)
About the Publisher
Forgotten Books is a publisher of historical writings, such as: Philosophy, Classics, Science, Religion, History, Folklore and Mythology.
Forgotten Books' Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the aged text. Read books online for free at www.forgottenbooks.org [via]
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› Find signed collectible books: 'A Course in Microeconomic Theory'
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› Find signed collectible books: 'The Ecology of Commerce: A Declaration of Sustainability'
Paul Hawken, the entrepreneur behind the Smith & Hawken gardening supplies empire, is no ordinary capitalist. Drawing as much on Baba Ram Dass and Vaclav Havel as he does on Peter Drucker and WalMart for his case studies, Hawken is on a one-man crusade to reform our economic system by demanding that First World businesses reduce their consumption of energy and resources by 80 percent in the next 50 years. As if that weren't enough, Hawken argues that business goals should be redefined to embrace such fuzzy categories as whether the work is aesthetically pleasing and the employees are having fun; this applies to corporate giants and mom-and-pop operations alike. He proposes a culture of business in which the real world, the natural world, is allowed to flourish as well, and in which the planet's needs are addressed. Wall Street may not be ready for Hawken's provocative brand of environmental awareness, but this fine book is full of captivating ideas. [via]
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› Find signed collectible books: 'An Economic Interpretation of the Constitution of the United States'
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› Find signed collectible books: 'Economic Philosophy'
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› Find signed collectible books: 'Economics: Private & Public Choice'
Authors James D. Gwartney, Richard L. Stroup, Russell S. Sobel, and David Macpherson, believe that a course on principles of economics should focus on the power and relevance of the economic way of thinking. It is this belief and corresponding writing approach that has made ECONOMICS: PRIVATE AND PUBLIC CHOICE one of South-Western's most solid and enduring texts. Throughout this text, the authors integrate applications and real-world data in an effort to make the basic concepts of economics come alive for the reader. [via]
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› Find signed collectible books: 'Exit Voice and Loyalty: Responses to Decline in Firms, Organizations, and States'
An innovator in contemporary thought on economic and political development looks here at decline rather than growth. Albert O. Hirschman makes a basic distinction between alternative ways of reacting to deterioration in business firms and, in general, to dissatisfaction with organizations: one, exit, is for the member to quit the organization or for the customer to switch to the competing product, and the other, voice, is for members or customers to agitate and exert influence for change from within.
The efficiency of the competitive mechanism, with its total reliance on exit, is questioned for certain important situations. As exit often undercuts voice while being unable to counteract decline, loyalty is seen in the function of retarding exit and of permitting voice to play its proper role.
The interplay of the three concepts turns out to illuminate a wide range of economic, social, and political phenomena. As the author states in the preface, having found my own unifying way of looking at issues as diverse as competition and the two-party system, divorce and the American character, black power and the failure of unhappy top officials to resign over Vietnam, I decided to let myself go a little.
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› Find signed collectible books: 'The Fable of the Bees'
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› Find signed collectible books: 'The Future and Its Enemies: The Growing Conflict over Creativity, Enterprise and Progress'
Virginia Postrel smashes conventional political boundaries in this libertarian manifesto. World-views should be defined not by how they view the present, she says, but the future. Do they aim to control it, as many conservative reactionaries and liberal planners want to do? Or do they embrace it, even though they can't know what lies ahead? Postrel (editor of Reason magazine) firmly places herself in this latter category--the dynamists, she calls her happy tribe--and urges the rest of us to sign up. The future of economic prosperity, technological progress, and cultural innovation depends upon embracing principles of choice and competition. The downside of this philosophy, Postrel readily notes, is that it doesn't allow us to manage tomorrow by acting today. And that's exactly the point: we shouldn't want to. A future constructed by an infinite number of individual decisions, made privately, is one she believes we should encourage. The Future and Its Enemies is at once intellectually sweeping and reader-friendly; it has the potential to join a pantheon of books about freedom that includes works by Friedrich Hayek and Milton Friedman. --John J. Miller [via]
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› Find signed collectible books: 'In an Uncertain World: Tough Choices from Wall Street to Washington'
Robert Rubin was sworn in as the seventieth U.S. Secretary of the Treasury in January 1995 in a brisk ceremony attended only by his wife and a few colleagues. As soon as the ceremony was over, he began an emergency meeting with President Bill Clinton on the financial crisis in Mexico. This was not only a harbinger of things to come during what would prove to be a rocky period in the global economy; it also captured the essence of Rubin himself--short on formality, quick to get into the nitty-gritty.
From his early years in the storied arbitrage department at Goldman Sachs to his current position as chairman of the executive committee of Citigroup, Robert Rubin has been a major figure at the center of the American financial system. He was a key player in the longest economic expansion in U.S. history. With In an Uncertain World, Rubin offers a shrewd, keen analysis of some of the most important events in recent American history and presents a clear, consistent approach to thinking about markets and dealing with the new risks of the global economy.
Rubin's fundamental philosophy is that nothing is provably certain. Probabilistic thinking has guided his career in both business and government. We see that discipline at work in meetings with President Clinton and Hillary Clinton, Chinese premier Zhu Rongji, Alan Greenspan, Lawrence Summers, Newt Gingrich, Sanford Weill, and the late Daniel Patrick Moynihan. We see Rubin apply it time and again while facing financial crises in Asia, Russia, and Brazil; the federal government shutdown; the rise and fall of the stock market; the challenges of the post-September 11 world; the ongoing struggle over fiscal policy; and many other momentous economic and political events.
With a compelling and candid voice and a sharp eye for detail, Rubin portrays the daily life of the White House-confronting matters both mighty and mundane--as astutely as he examines the challenges that lie ahead for the nation. Part political memoir, part prescriptive economic analysis, and part personal look at business problems, In an Uncertain World is a deep examination of Washington and Wall Street by a figure who for three decades has been at the center of both worlds.
From the Hardcover edition. [via]
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› Find signed collectible books: 'In an Uncertain World : Tough Choices from Wall Street to Washington'
Robert Rubin was sworn in as the seventieth U.S. Secretary of the Treasury in January 1995 in a brisk ceremony attended only by his wife and a few colleagues. As soon as the ceremony was over, he began an emergency meeting with President Bill Clinton on the financial crisis in Mexico. This was not only a harbinger of things to come during what would prove to be a rocky period in the global economy; it also captured the essence of Rubin himself--short on formality, quick to get into the nitty-gritty.
From his early years in the storied arbitrage department at Goldman Sachs to his current position as chairman of the executive committee of Citigroup, Robert Rubin has been a major figure at the center of the American financial system. He was a key player in the longest economic expansion in U.S. history. With In an Uncertain World, Rubin offers a shrewd, keen analysis of some of the most important events in recent American history and presents a clear, consistent approach to thinking about markets and dealing with the new risks of the global economy.
Rubin's fundamental philosophy is that nothing is provably certain. Probabilistic thinking has guided his career in both business and government. We see that discipline at work in meetings with President Clinton and Hillary Clinton, Chinese premier Zhu Rongji, Alan Greenspan, Lawrence Summers, Newt Gingrich, Sanford Weill, and the late Daniel Patrick Moynihan. We see Rubin apply it time and again while facing financial crises in Asia, Russia, and Brazil; the federal government shutdown; the rise and fall of the stock market; the challenges of the post-September 11 world; the ongoing struggle over fiscal policy; and many other momentous economic and political events.
With a compelling and candid voice and a sharp eye for detail, Rubin portrays the daily life of the White House-confronting matters both mighty and mundane--as astutely as he examines the challenges that lie ahead for the nation. Part political memoir, part prescriptive economic analysis, and part personal look at business problems, In an Uncertain World is a deep examination of Washington and Wall Street by a figure who for three decades has been at the center of both worlds. [via]
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› Find signed collectible books: 'Information Rules: A Strategic Guide to the Network Economy'
Chapter 1 of Information Rules begins with a description of the change brought on by technology at the close of the century--but the century described is not this one, it's the late 1800s. One hundred years ago, it was an emerging telephone and electrical network that was transforming business. Today it's the Internet. The point? While the circumstances of a particular era may be unique, the underlying principles that describe the exchange of goods in a free-market economy are the same. And the authors, Carl Shapiro and Hal Varian, should know. Shapiro is Professor of Business Strategy at the Haas School of Business at UC Berkeley and has also served as chief economist at the Antitrust Division of the Justice Department. Varian is the Dean of the School of Information Management and Systems at UC Berkeley. Together they offer a deep knowledge of how economic systems work coupled with first-hand experience of today's network economy. They write:
Sure, today's business world is different in a myriad of ways from that of a century ago. But many of today's managers are so focused on the trees of technological change that they fail to see the forest: the underlying economic forces that determine success and failure.Shapiro and Varian go to great lengths to purge this book of the technobabble and forecasting of an electronic woo-woo land that's typical in books of this genre. Instead, with their feet on the ground, they consider how to market and distribute goods in the network economy, citing examples from industries as diverse as airlines, software, entertainment, and communications. The authors cover issues such as pricing, intellectual property, versioning, lock-in, compatibility, and standards. Clearly written and presented, Information Rules belongs on the bookshelf of anyone who has an interest in today's network economy--entrepreneurs, managers, investors, students. If there was ever a textbook written on how to do business in the information age, this book is it. Highly recommended. --Harry C. Edwards [via]
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› Find signed collectible books: 'Institutions, Institutional Change and Economic Performance'
Continuing his groundbreaking analysis of economic structures, Douglass North develops an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time. Institutions exist, he argues, due to the uncertainties involved in human interaction; they are the constraints devised to structure that interaction. Yet, institutions vary widely in their consequences for economic performance; some economies develop institutions that produce growth and development, while others develop institutions that produce stagnation. North first explores the nature of institutions and explains the role of transaction and production costs in their development. The second part of the book deals with institutional change. Institutions create the incentive structure in an economy, and organizations will be created to take advantage of the opportunities provided within a given institutional framework. North argues that the kinds of skills and knowledge fostered by the structure of an economy will shape the direction of change and gradually alter the institutional framework. He then explains how institutional development may lead to a path-dependent pattern of development. In the final part of the book, North explains the implications of this analysis for economic theory and economic history. He indicates how institutional analysis must be incorporated into neo-classical theory and explores the potential for the construction of a dynamic theory of long-term economic change. Douglass C. North is Director of the Center of Political Economy and Professor of Economics and History at Washington University in St. Louis. He is a past president of the Economic History Association and Western Economics Association and a Fellow, American Academy of Arts and Sciences. He has written over sixty articles for a variety of journals and is the author of The Rise of the Western World: A New Economic History (CUP, 1973, with R.P. Thomas) and Structure and Change in Economic History (Norton, 1981). Professor North is included in Great Economists Since Keynes edited by M. Blaug (CUP, 1988 paperback ed.) [via]
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› Find signed collectible books: 'Introductory Econometrics: A Modern Approach'
The modern approach of this text recognizes that econometrics has moved from a specialized mathematical description of economics to an applied interpretation based on empirical research techniques. It bridges the gap between the mechanics of econometrics and modern applications of econometrics by employing a systematic approach motivated by the major problems facing applied researchers today. Throughout the text, the emphasis on examples gives a concrete reality to economic relationships and allows treatment of interesting policy questions in a realistic and accessible framework. [via]
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![Marx, Karl: Karl Marx:Economy, Class and Social Revolution: [selected Writings of Karl Marx] Marx, Karl: Karl Marx:Economy, Class and Social Revolution: [selected Writings of Karl Marx]](http://ecx.images-amazon.com/images/P/0177120797.01._SL160_SCLZZZZZZZ__.jpg)
› Find signed collectible books: 'Karl Marx:Economy, Class and Social Revolution: [selected Writings of Karl Marx]'
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› Find signed collectible books: 'Karl Marx: Selected Writings'
A comprehensive selection from the whole range of Marx's writings, including some material that has never before been published in English, as well as passages from Marx's letters and substantial excerpts from his early works. [via]
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› Find signed collectible books: 'Mathematical Economics'
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› Find signed collectible books: 'The (Mis) Behavior of Markets: A Fractal View of Risk, Ruin And Reward'
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› Find signed collectible books: 'Money Mischief: Episodes in Monetary History'
A Nobel Prize Laureate in Economics makes clear once and for all that no one is immune to the effects of monetary economics--both its theory and practices. He demonstrates through historical episodes the mischief that can result from misunderstanding the monetary system. [via]
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› Find signed collectible books: 'The Overspent American: Upscaling, Downshifting, and the New Consumer'
If getting and spending define our lives, then Juliet Schor now has us covered. Six years ago, her book The Overworked American scrutinized the getting part. It focused public attention on the disappearance of leisure and the harmful effects thereof on families and society. It sparked a debate over whether Americans really work as much as we proudly claim. (If so, how to explain the audience for Monday Night Football?) Nevertheless, Schor can take credit for helping push Congress into passing the Family Leave Act in 1993.
Now she is back with a critique of our spending. Schor notes that, despite rising wealth and incomes, Americans do not feel any better off. In fact, we tell pollsters we do not have enough money to buy everything we need. And we are almost as likely to say so if we make $85,000 a year as we are if we make $35,000. Schor believes that "keeping up with the Joneses" is no longer enough for today's media-savvy office workers. We set our sights on the lifestyles of those higher up the organizational chart. We seek to emulate characters on TV. For teenagers, "enough" is the idle splendor that hardly exists outside of what MTV un-ironically calls The Real World. Schor offers an original and provocative analysis of why many Americans feel driven and unhappy despite our success. As an alternative, she profiles several "downshifters" who've taken up voluntary simplicity in search of a more satisfying way of life. No policy solutions suggest themselves this time, only a change of heart. --Barry Mitzman [via]
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"For settling lunch-table arguments and bets, it is hard to beat The Economist Pocket World in Figures." The Wall Street Journal
A perennial bestseller, The Economist Pocket World in Figures provides important statistical information on nations around the world. Now revised and expanded, the 1999 Edition offers over 200 rankings by topic that include 171 countries, and presents up-to-date profiles of more than 60 major global economies. Covering everything from population and life expectancy to agriculture and tourism, this authoritative reference tells you at a glance:
Accurate and informative, The Economist Pocket World in Figures is an indispensable resource for those who need key facts and figures about the world today.
THE ECONOMIST, launched in 1843, is the most authoritative and influential international news and business magazine, and is widely read by top decision makers across the world. [via]
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› Find signed collectible books: 'The Portable Karl Marx'
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› Find signed collectible books: 'The Portable Karl Marx'
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› Find signed collectible books: 'Power and Prosperity'
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› Find signed collectible books: 'Principles of Economics (Cram 101)'
Never HIGHLIGHT a Book Again! Virtually all testable terms, concepts, persons, places, and events are included. Cram101 Textbook Outlines gives all of the outlines, highlights, notes for your textbook with optional online practice tests. Only Cram101 Outlines are Textbook Specific. Cram101 is NOT the Textbook. Accompanys: 9780324168624, 9780324278446 [via]
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› Find signed collectible books: 'Principles of Microeconomics'
Mankiw's Principles of Economics textbooks continue to be the most popular and widely used text in the economics classroom. PRINCIPLES OF MICROECONOMICS, 4th Edition features a strong revision of content in all 22 chapters while maintaining the clear and accessible writing style that is the hallmark of the highly respected author. The 4th edition also features an expanded instructor's resource package designed to assist instructors in course planning and classroom presentation and full integration of content with Aplia, the leading online Economics education program. In the 4th edition Greg Mankiw has created a full educational program for students and instructors -- Experience Mankiw 4th edition. "I have tried to put myself in the position of someone seeing economics for the first time. My goal is to emphasize the material that students should and do find interesting about the study of the economy." - N. Gregory Mankiw. [via]
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› Find signed collectible books: 'The Principles of Political Economy and Taxation'
A book of Ricardo's work of economic theory. [via]
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› Find signed collectible books: 'The Return of Depression Economics'
What do babysitting coops and liquidity traps have in common? Lots, according to Paul Krugman. In The Return of Depression Economics, the MIT professor looks at the alarming string of financial crises that plagued various economies around the globe in the 1990s, especially the Asian contagion, and sees an "eerie resemblance to the Great Depression." Instead of the "new world order" promised by the triumph of capitalism over socialism, "the world economy has turned out to be a much more dangerous place than we imagined."
Krugman uses the example of a Washington, D.C., babysitting coop to explain the dynamics of recession and inflation. He examines the remarkable emergence of Asia and the precursors to the Asian mess--the Tequila Effect of the mid-'90s that began in Mexico and Japan's fall in the early '90s into an economic malaise. He then analyzes the underlying reasons for the collapse of the Thai baht and other Asian currencies as well as the subsequent actions of the IMF and the murky role of hedge funds. In the end, Krugman sees the return of depression economics, which "means that for the first time in two generations, failures on the demand side of the economy--insufficient private spending to make use of the available productive capacity--have become the clear and present limitation on prosperity for a large part of the world." It's the same problem that was at the root of the 1930s depression. And while it took a world war to solve that problem, Krugman sees solutions that are far less dramatic but that do require a willingness to chuck obsolete doctrines and think about old problems in new ways.
Over the years, Krugman has earned a well-deserved reputation for translating the jargon that economists speak into something that anyone with an interest--not necessarily a Ph.D.--can understand. The Return of Depression Economics is another timely testament to Krugman's ability to read and interpret the tea leaves of today's global economy. Highly recommended. --Harry C. Edwards [via]
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› Find signed collectible books: 'Rich Dad Poor Dad'
Personal-finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them"). Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad, Poor Dad, written with consultant and CPA Sharon L. Lechter, lays out his the philosophy behind his relationship with money. Although Kiyosaki can take a frustratingly long time to make his points, his book nonetheless compellingly advocates for the type of "financial literacy" that's never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how those assets might be acquired so that the jobs can eventually be shed. --Howard Rothman [via]
› Find signed collectible books: 'Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money That the Poor & Middle Class Don't'
Personal-finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them"). Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad, Poor Dad, written with consultant and CPA Sharon L. Lechter, lays out his the philosophy behind his relationship with money. Although Kiyosaki can take a frustratingly long time to make his points, his book nonetheless compellingly advocates for the type of "financial literacy" that's never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how those assets might be acquired so that the jobs can eventually be shed. --Howard Rothman [via]
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› Find signed collectible books: 'Selected Writings'
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› Find signed collectible books: 'The Skeptical Environmentalist: Measuring the Real State of the World'
According to The Skeptical Environmentalist the hole in the Ozone Layer is healing. The Amazon has shrunk by only 14 per cent since the arrival of Man. Only 0.7 per cent of species will be driven to extinction over the next 50 years. Even the poorest humans are getting richer by the year. Things are not good enough; but they are far, far better than we have been taught to believe. Lomborg, a professor of statistics and a former Greenpeace member, reveals the complexity, confusion, and (rarely) misuse of data behind the current Litany of approaching environmental Armageddon. But this is not a comforting or reassuring read. Nor is it a bible for lackeys and do-nothings. Lomborg uses the same figures everyone else uses, from national governments to the Kyoto summit to Greenpeace. Rarely have the raw data been discussed in such detail: their history, how they are calculated, their strengths, and their weaknesses. Lomborg argues persuasively that our sense of approaching human and environmental disaster is an artefact of the valid work of modern scientific, environmental and media institutions. There is, he asserts, no one to blame for our growing sense of despair, but everything to learn. We must learn what real risks are, and what we can do about them. (Kyoto? A very bad idea...) We must prioritise. (30p on the organic basil? Or 30p to buy a child clean water in Sierra Leone?) There is, after all, room for manoeuvre; panic achieves nothing. This is our generation's Silent Spring: a book to rewrite the environmental agenda, and a must-buy for any parent who wonders what kind of world we are leaving for our children.--Simon Ings [via]
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› Find signed collectible books: 'The Soul of Capitalism: Opening Paths to a Moral Economy'
American society is a culture of paradoxes. Never has a country produced such great abundance, yet never have we had to work such long hours to sustain a quality of life marred by corporate exploitation and senseless consumerism. Collectively, our middle class possesses massive wealth, yet we are currently powerless to effect substantial change in both the capitalist or democratic systems. We have irresponsibly destroyed the world's natural resources, yet--as in the past--our "daring innovation" may help resolve the calamitous ecological crisis we have created in the first place. In his sixth book, The Soul of Capitalism: Opening Paths to a Moral Economy, William Greider attempts to discover "how and why our brilliant economic system collides with so many of society's broader aspirations and regularly frustrates them." How did these paradoxes develop and how will they be redressed? Greider flatly states that his intention is not to discuss a utopian ideal, but rather to relate his "conviction that the arrangements within capitalism can be changed, little by little, to make more space for life through innovations that eventually become common practice."
Greider creates a sobering picture of the obstacles we must overcome if we are ever to re-establish "an authentic democracy," one that truly serves the values of the majority and not just the wealthy few and the status quo. Indeed his descriptions of the deleterious effects of capitalism on the environment, the American workforce (white and blue collar alike), and the very fabric of American life expose an urgent need for change. Greider maintains that the strength of the capitalist system is its adaptability. Therefore, despite his frank admission that substantial change will be difficult and a long time in coming, his catalogue of small successes and localized reform initiatives lend credibility to his hopeful claim that "the corporate institution is ripe for reinvention." --Silvana Tropea [via]
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› Find signed collectible books: 'Theory of Capitalist Development'
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› Find signed collectible books: 'Trust: The Social Virtues and the Creation of Prosperity'
In "The End of History, " Francis Fukuyama showed that the human historical process had culminated in a universal capitalist and democratic order. The end of the Cold War thus marked the end of ideological politics and the beginning of a struggle for position in the rapidly emerging order of 21st century capitalism. Yet despite the historic convergence of economic and political institutions throughout the world, we still see a great deal of social and cultural turbulence, not only in the West but in the emerging liberal states of Asia and Latin America. Now that Marxist economics and social engineering both have been discredited, Fukuyama asks, what principles should guide us in making our own society more productive and secure?
In "Trust, " a sweeping assessment of the emerging global economic order "after History, " Fukuyama examines a wide range of national cultures in order to divine the hidden principles that make a good and prosperous society, and his findings strongly challenge the orthodoxies of both left and right. Conservative economists believe that only free markets can liberate individual initiative and thereby foster greater prosperity, an assumption that dovetails with the popular myth that America was built by rugged individualists making unfettered "rational" choices. If Marxist economics undervalued the role of individual choice in a market economy, neoclassical goes too far in the other direction, promoting a radical individualism that neglects the moral basis of community and ignores the many "irrational" factors that influence economic behavior.
In fact, economic life is pervaded by culture and depends, Fukuyama maintains, on moral bonds of "social trust."This is the unspoken, unwritten bond between fellow citizens that facilitates transactions, empowers individual creativity, and justifies collective action. In the global struggle for economic predominance that is now upon us -- a struggle in which cultural differences will become the chief determinant of national success -- the social capital represented by trust will be as important as physical capital.
But trust varies greatly from one society to another, and a map of how social capital is distributed around the world yields many surprises. For instance, contrary to the assumptions of the "competitiveness" school, the United States has historically been quite similar to Japan in levels of social trust; and both differ greatly from low-trust Chinese Confucian societies on the one hand, or Latin Catholic societies like France and Italy on the other. Fukuyama argues that only those societies with a high degree of social trust will be able to create the kind of flexible, large-scale business organizations that are needed for successful competition in the emerging global economy.
The greatness of this country, he maintains, was built not on its imagined ethos of individualism but on the cohesiveness of its civil associations and the strength of its communities. But Fukuyama warns that our drift into a more and more extreme rights-centered individualism -- a radical departure from our past communitarian tradition -- holds more peril for the future of America than any competition from abroad. [via]
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› Find signed collectible books: 'The Visible Hand: The Managerial Revolution in American Business'
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› Find signed collectible books: 'The Visible Hand: The Managerial Revolution in American Business'
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› Find signed collectible books: 'Wage-Labour and Capital and Value, Price, and Profit'
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› Find signed collectible books: 'When Genius Failed: The Rise and Fall of Long-Term Capital Management'
On September 23, 1998, the boardroom of the New York Fed was a tense place. Around the table sat the heads of every major Wall Street bank, the chairman of the New York Stock Exchange, and representatives from numerous European banks, each of whom had been summoned to discuss a highly unusual prospect: rescuing what had, until then, been the envy of them all, the extraordinarily successful bond-trading firm of Long-Term Capital Management. Roger Lowenstein's When Genius Failed is the gripping story of the Fed's unprecedented move, the incredible heights reached by LTCM, and the firm's eventual dramatic demise.
Lowenstein, a financial journalist and author of Buffett: The Making of an American Capitalist, examines the personalities, academic experts, and professional relationships at LTCM and uncovers the layers of numbers behind its roller-coaster ride with the precision of a skilled surgeon. The fund's enigmatic founder, John Meriwether, spent almost 20 years at Salomon Brothers, where he formed its renowned Arbitrage Group by hiring academia's top financial economists. Though Meriwether left Salomon under a cloud of the SEC's wrath, he leapt into his next venture with ease and enticed most of his former Salomon hires--and eventually even David Mullins, the former vice chairman of the U.S. Federal Reserve--to join him in starting a hedge fund that would beat all hedge funds.
LTCM began trading in 1994, after completing a road show that, despite the Ph.D.-touting partners' lack of social skills and their disdainful condescension of potential investors who couldn't rise to their intellectual level, netted a whopping $1.25 billion. The fund would seek to earn a tiny spread on thousands of trades, "as if it were vacuuming nickels that others couldn't see," in the words of one of its Nobel laureate partners, Myron Scholes. And nickels it found. In its first two years, LTCM earned $1.6 billion, profits that exceeded 40 percent even after the partners' hefty cuts. By the spring of 1996, it was holding $140 billion in assets. But the end was soon in sight, and Lowenstein's detailed account of each successively worse month of 1998, culminating in a disastrous August and the partners' subsequent panicked moves, is riveting.
The arbitrageur's world is a complicated one, and it might have served Lowenstein well to slow down and explain in greater detail the complex terms of the more exotic species of investment flora that cram the book's pages. However, much of the intrigue of the Long-Term story lies in its dizzying pace (not to mention the dizzying amounts of money won and lost in the fund's short lifespan). Lowenstein's smooth, conversational but equally urgent tone carries it along well. The book is a compelling read for those who've always wondered what lay behind the Fed's controversial involvement with the LTCM hedge-fund debacle. --S. Ketchum [via]
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› Find signed collectible books: 'The Winner's Curse: Paradoxes and Anomalies of Economic Life'
Richard Thaler challenges the received economic wisdom by revealing many of the paradoxes that abound even in the most painstakingly constructed transactions. He presents literate, challenging, and often funny examples of such anomalies as why the winners at auctions are often the real losers--they pay too much and suffer the "winner's curse"--why gamblers bet on long shots at the end of a losing day, why shoppers will save on one appliance only to pass up the identical savings on another, and why sports fans who wouldn't pay more than $200 for a Super Bowl ticket wouldn't sell one they own for less than $400. He also demonstrates that markets do not always operate with the traplike efficiency we impute to them.
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› Find signed collectible books: 'Woman and Economics: A Study of the Economic Relation Between Women and Men'
Charlotte Perkins Gilman (1860-1935) was an ardent feminist and outspoken champion of women's rights. In this profoundly insightful and cogently argued work, Gilman describes how the social and sexual disparities between men and women, long thought to be preordained and unchanging, are actually the result of economics. The position of women as the property of men, their inability to earn in proportion to the amount of work they do, and the very devaluation of their work, all tend to the exaggerated social differences between men as 'providers' and 'competitors' and women as 'helpless' and 'unproductive'. These differences lead to social dysfunction and ultimately to the destruction of the bond that ought to exist between and unite the sexes. Gilman's classic plea for greater parity for men and women still speaks directly to the problems women continue to face in the workplace as well as to the ways men view women. [via]
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› Find signed collectible books: 'Women and Economics'
Startling in its observations and radical in its conclusions, this classic of women's rights literature, this work-by pioneering American feminist CHARLOTTE PERKINS GILMAN (1860-1935)-was a phenomenon when it was first published in 1898, and was eventually translated into in seven languages and reprinted around the world. From her characterization of women as virtual economic, social, and sexual slaves, dependent on men for everything from food to friendship to protection, to her call for women to free themselves from these shackles, Women and Economics electrified Victorian readers. It remains a foundational work of feminist theory, essential reading for anyone wishing to understand women's struggle for full and self-determined personhood. [via]
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› Find signed collectible books: 'Women and Economics: A Study of the Economic Relation Between Men and Women As a Factor in Social Evolution'
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› Find signed collectible books: 'Padre Rico, Padre Pobre: Que Les Ensenan Los Ricos a Sus Hijos Acerca Del Dinero Que Las Clases Media Y Pobre No'
A #1 New York Times bestseller, Rich Dad, Poor Dad is a true story on the lessons about money that Robert Kiyosaki learned from his two dads. One dad, a Ph.D. and superintendent of education, never had enough money at the end of the month and died broke. His other dad dropped out of school at age 13 and went on to become one of the wealthiest men in Hawaii. Rich Dad, Poor Dad will: Explode the myth that you need to earn a high income to become rich; Challenge the belief that your house is an asset; Show parents why they can't rely on the school system to teach their kids about money; and teach you what to teach your kids about money for their future financial success. This Bestseller is changing how the world views money by shifting your context to that of a rich person. If you are like many - dependent on your paychecks to cover your monthly expenses - then you don t think like the rich. The rich don t accumulate cash; they accumulate assets that generate cash flow for them. In reading Rich Dad Poor Dad, you ll better understand the power that thinking can have on your life.
Description in Spanish: Un plan integral para consolidar e incrementar la bonanza financiera. La inteligencia resuelve problemas y produce dinero; el dinero sin inteligencia financiera es dinero que pronto se pierde. Con esta sentencia, Robert T. Kiyosaki nos descubre un panorama excepcional para hacer que el dinero trabaje para nosotros y como lograr el anhelado crecimiento financiero. Padre rico, padre pobre cuenta la propia experiencia de Robert T. Kiyosaki cuando descubrio en la ninez la tenacidad al servicio de la inteligencia y la forma calculadora y firme en que se deben tomar las decisiones. Gracias a los consejos de su padre real, el superintendente de educacion de Hawai, el padre pobre, y el ejemplo de su padre rico en realidad padre de su mejor amigo de la infancia , hombre de negocios sagaz, de perspectivas amplias y agudeza financiera a toda prueba, Kiyosaki pudo elegir el exito y el crecimiento economico y rechazo la realizacion profesional incierta, la prosperidad convencional llena de ataduras. La obra esta estructurada en 6 lecciones basicas sobre el dinero, extraidas de la sabiduria del padre rico; en ellas se revela lo siguiente: el rico no trabaja por dinero, el dinero trabaja intensamente para el; es indispensable aprender alfabetizacion financiera, luchar por la consolidacion de nuestros propios negocios; se explica la historia de los impuestos y el poder de las corporaciones; la destreza de los ricos para multiplicar el dinero: inventarlo!; la importancia de trabajar para dominar y producir. El autor expone a su vez las razones por las que las personas no logran ser financieramente competentes para gozar la vida que siempre han sonado, estas son: el miedo, el cinismo, la pereza, los malos habitos y la arrogancia. Padre rico, padre pobre ha cautivado a millones de personas con sus formulas originales y asombrosas para hacer que nuestro dinero se multiplique en forma extraordinaria. Las lecciones de Kiyosaki sin duda cambiaran nuestra vision de los negocios y las inversiones, y haran que unicamente nosotros determinemos el destino de nuestro dinero. [via]
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