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From the oceans to continental heartlands, human activities have altered the physical characteristics of Earth's surface. With Earth's population projected to peak at 8 to 12 billion people by 2050 and the additional stress of climate change, it is more important than ever to understand how and where these changes are happening. Innovation in the geographical sciences has the potential to advance knowledge of place-based environmental change, sustainability, and the impacts of a rapidly changing economy and society. Understanding the Changing Planet outlines eleven strategic directions to focus research and leverage new technologies to harness the potential that the geographical sciences offer.
The second part of this collection presents five articles that lay the foundation for some of the Nobel Prize–winning economists most controversial ideas. The two volumes of Good Money present a comprehensive chronicle of F.A. Hayek’s writings on monetary policy. Together, they offer readers an invaluable reference to some of his most profound thoughts about money. Good Money, Part II: The Standard offers five more of Hayek’s articles that advance his ideas about money. In these essays, Hayek investigates the consequences of the “predicament of composition.” This principle works on the premise that the entire society cannot simultaneously increase liquidity by selling property or services for cash. This analysis led Hayek to make what was perhaps his most controversial proposal: that governments should be denied a monopoly on the coining of money. “One of the great thinkers of our age who . . . revolutionized the world’s intellectual and political life.” —Former President George Herbert Walker Bush
Historians and economists will find here what their fields have in common - the movement since the 1950s known variously as 'cliometrics', 'economic history', or 'historical economics'. A leading figure in the movement, Donald McCloskey, has compiled, with the help of George Hersh and a panel of distinguished advisors, a highly comprehensive bibliography of historical economics covering the period up until 1980. The book will be useful to all economic historians, as well as quantitative historians, applied economists, historical demographers, business historians, national income accountants, and social historians.
Througout his life Hayek had a profound interest in money and its role within the economy. Money plays a critical part in his 1920s work on the trade cycle, which attempts to integrate capital theory and monetary theory. As late as the 1970s, Hayek was advocating radical reform of the monetary system, suggesting that the supply of money be turned over to private enterprise. This volume, together with Volume Six, Good Money, Part Two, collect all of Hayek's significant writings on money. Together they amply demonstrate both the significance of 'sound money' in Hayek's economic vision, and Hayek's importance as a monetary theorist.
This 12th edition of Commerce is designed for self-study, though it is of equal value to schools and colleges. Lecturers and teachers will find that the book meet their requirements for the 16+ General Certificate in Secondary Education and comparable syllabuses in Scotland, BTEC examinations and other similar examinations. This book is organized into 24 chapters. These chapters cover all the basic commercial activities in modern free enterprise societies and explain simply and clearly the activities performed by wholesalers, retailers, importers and exporters in the distribution and exchange of goods. They also describe the activities of bankers, insurance companies and transport organizations and discuss the important aspects of communication with respect to commerce. This edition also updated some of the text using the most up-to-date documents. This book will be of interest to commerce students and teachers and all others interested in understanding commercial activities.
First in a two-volume study of Friedman’s long career: “No previous biographer has Nelson’s deep and sophisticated understanding of monetary economics.” —Economic History This study is the first to distill Nobel Prize winner Milton Friedman’s vast body of writings into an authoritative account of his research, his policy views, and his interventions in public debate. With this ambitious new work, Edward Nelson closes the gap: Milton Friedman and Economic Debate in the United States is the defining narrative on the famed economist, the first to grapple comprehensively with Friedman’s research output, economic framework, and legacy. This two-volume account provides a foundational introduction to Friedman’s role in several major economic debates that took place in the United States between 1932 and 1972. This first volume in the two-volume account takes the story through 1960, covering the period in which Friedman began and developed his research on monetary policy. It traces Friedman’s thinking from his professional beginnings in the 1930s as a combative young microeconomist, to his wartime years on the staff of the US Treasury, and his emergence in the postwar period as a leading proponent of monetary policy. As a fellow monetary economist, Nelson writes from a unique vantage point, drawing on both his own expertise in monetary analysis and his deep familiarity with Friedman’s writings. Using extensive documentation, the book weaves together Friedman’s research contributions and his engagement in public debate, providing an unparalleled analysis of Friedman’s views on the economic developments of his day. “Magisterial . . . For anyone wanting to understand the ideas that Friedman generated over his research career, this book is, and will remain for some time, the essential guide.” —Financial World
First published in 1984, Michael Beenstock develops in The World Economy in Transition an original, stimulating and accessible analysis of the world economy in its many aspects, and this second edition includes a chapter on the International Banking Crisis in line with the author’s Transition Theory. The book embraces numerous strands of economic debate as the author provides a powerful and original thesis which focuses on the changing economic relationship between developed and developing nations as well as between manufacturing and primary producing sectors. The analysis also extends to international trade, commodity markets, international finance, energy and economic history. The book discusses, in addition to Transition Theory, other global approaches to the subject, including technology diffusion, long waves, commodity price effects and the oil price hikes, and the insights of Transition Theory are also applied to the historical experience of the British economy, concluding with an evaluation of policy implications.
Informed by Winston Churchill's famous metaphor, successive British governments have shaped their foreign policy thinking around the belief that Britain's overseas interests lie in three interlocking 'circles': in Europe, in the Commonwealth, and in the 'special relationship' across the Atlantic. Recent administrations may have updated the language in terms of 'bridges', 'hubs' and 'networks', but the notion of Britain as somehow at the centre of things remains a vital idea. In this updated edition of a classic text, David Sanders and David Patrick Houghton examine British foreign policy since 1945 through the prism of these three circles. Taking account of major developments from the ending of the Cold War, through 9/11 and the so-called War on Terror, to Britain's historic decision to leave the European Union, it provides a masterly account of Britain's changing place in the world and of the policy calculations and deeper structural factors that help explain changes in strategy. Combining chronological narrative with careful consideration of the main theories of foreign policy analysis and international relations, this book provide a reliable and comprehensive introduction to the evolution of British external policy, including economic and defence policy, in the postwar period. Characterized by its accessible style and depth of analysis, and now fully updated in line with 21st century developments, Losing an Empire, Finding a Role will remain an invaluable guide to British foreign policy for students of international relations or foreign policy at any level.“br/> New to this Edition: - Updated coverage of events, including 'the War on Terror' and Brexit - Reformulated analysisto cover the updates inscholarship
This book explores how economists operate effectively in financial markets. Using events as diverse as the Wall Street Crash of 1929 and Japanese earthquake damage the author traces the responses of the market to a variety of financial events. The subjects covered include: * The valuing process * Interpreting the news * The challenges of long term scenarios * The business and growth cycle * The economist as strategist