In the political economy of energy, World War II was a significant watershed: it accelerated the transition from dependence on coal to petroleum and natural gas. At the same time, mobilization provided an unprecedented experience in the management of energy markets by a forced partnership of business and government. In this 1985 book, Vietor covers American policy from 1945 to 1980. For readers convinced that big business contrived the energy crisis of the 1970s, this story will be disappointing, but enlightening. For those committed to theories of regulatory capture or public interest reform it should be frustrating. More than a history of government policy making, this book provides us with an innovative and insightful approach to the study of business-government relations in modern America. For managers, bureaucrats, and anyone interested in seeing a more effective national industrial policy, this history should put the relationship of business and government in a critical new persp
A comprehensive treatment on the use of quantitative modeling for decision making and best practices in the service industriesMaking up a significant part of the world economy, the service sector is a
This book is a survey of macroeconomic policy in Britain in the 1970s and 1980s which argues that there were important elements of continuity in the way decisions were actually taken year-by-year and month-by-month in the Treasury and the Bank of England in this period. It is written by Andrew Britton, the director of the National Institute of Economic and Social Research, and previously a senior economist at the Treasury, and is a sequel to the NIESR studies by Christopher Dow (1945–60) and by Frank Blackaby and others (1960–74). Part One is a chronological account of policy actions and their setting. Part Two provides a history of ideas, describing the most influential writings of economists in Britain during this period, while Part Three looks at the influence of the world economy on Britain. Parts Four and Five include several elements of new statistical analysis concerning the way in which policy instruments were used, in particular the signals to which policymakers reacted when s
Agricultural historians have collected and published a remarkable amount of material in recent years, partly as a result of the ongoing series 'The Agrarian History of England and Wales'. Missing from the Agrarian History volumes covering 1640–1850 has been any sustained analysis of agricultural rent, a perhaps surprising omission in view of the enormous sums of money which passed between landlords and tenants annually, and given the importance of the subject in terms of our understanding of the general course of change in agriculture and the economy more generally. In recent years the availability of estate accounts in public archive repositories has made available a range of data for the period c.1690 to the First World War, after which the material is voluminous and well known. In this book, based on research in archives across the country, the authors have produced a new rent index which will become the basis on which all future researchers in the field will rely.
Fictions of Capital situates manners and writing about manners in the context of American capitalism between 1880 and 1960, a period that runs from the onset of the sales culture to its war-prompted crisis point in the 1960s. The work of various economic theorists and historians is used to establish two of capitalism's deeper narratives: the plot to accumulate and expand resources (1880 to the First World War), and the plot to ensure reproduction of the expanded resources (preoccupying late capitalism, but already an issue for market leaders in the 1920s). James and Fitzgerald are read as the key novelists of bourgeois affluence, their juxtaposition covers the scope of Incorporation, from the initial accumulation to the problems of how accumulations are to be reproduced. The relation between Fitzgerald and Mailer is explored as a way into new tensions in the growth imperative, resolved though the linking of Destruction, or the permanent arms economy, to Desire, or the ubiquitous shop-w
Late Nineteenth-Century American Development is an economist's attempt to interpret a critical period of US history, from Civil War to World War I. The questions raised have always been at the heart of American historiography. What accounts for the retardation up to the turn of the century? How did capital markets operate and what was their influence on the pace and pattern of our growth? What determined farm performance and what impact did that performance have on the economy as a whole? Yet while the questions raised in this book are familiar, the methods are not. This book blends traditional historical analysis with general equilibrium theory, modern macroeconomics and simulation analysis. The result is a provocative book of remarkable scope which offers a fresh interpretation of late nineteenth-century American growth.
This book offers a comprehensive thousand-year history of the land, people, society, culture and economy of Hungary, from its nebulous origins in the Ural Mountains to the elections of 1988. It tells above all the thrilling story of a people which became a great power in the region and then fought against - and was invaded by - Ottomans, Germans and Soviets. The Hungarian people preserved nevertheless a continuous individuality through its Ural-born language and a specifically Hungaro-European culture. Dominated from the sixteenth century by the Habsburgs, while ruling its own national minorities, Hungary was deprived of two-thirds of its lands and peoples through successive treaties which followed the two World Wars, after which it fell under Soviet domination for nearly fifty years. Free and independent since 1990, Hungary continues to seek its rightful position in Europe.
The ancient Anatolian city of Kanesh (present-day Kültepe, Turkey) was a continuously inhabited site from the early Bronze Age through Roman times. The city flourished c.2000–1750 BCE as an Old Assyrian trade outpost and the earliest attested commercial society in world history. More than 23,000 elaborate clay tablets from private merchant houses provide a detailed description of a system of long-distance trade that reached from central Asia to the Black Sea region and the Aegean. The texts record common activities such as trade between Kanesh and the city state of Assur, and between Assyrian merchants and local people. The tablets tell us about the economy as well as the culture, language, religion, and private lives of individuals we can identify by name, occupation, and sometimes even personality. This book presents an in-depth account of this vibrant Bronze Age Anatolian society, revealing the daily lives of its inhabitants.
The world we live in today is more volatile than ever. The security of free nations is threatened by rogue states, the global economy is in flux, and the rapid advance of technology forces constant re
With unintended harm during hospital care costing billions of dollars to the world economy, not to mention millions of deaths each year, it’s no wonder the issue is equally front and center in t
This book is about children and advertising in China, the country with the largest children population in the world. As China rapidly becomes a market-driven economy, and it's one-child-per-family pol
Global Economics: A Holistic Approach integrates real world examples and case studies with economic analysis to examine the emerging global economy. It covers topics not typically considered by intern
For 5000 years shipping has served the world economy and today it provides a sophisticated transport service to every part of the globe. Yet despite its economic complexity, shipping retains much of t
For 5000 years shipping has served the world economy and today it provides a sophisticated transport service to every part of the globe. Yet despite its economic complexity, shipping retains much of t
China's accession to the World Trade Organisation in 2001 was a highly significant event both for China and for the wider world. This book argues that, although at the time some people doubted the lik
Despite the growing internal social unrest and disparity of economic development, the People’s Republic of China is the third largest world economy and the second largest defense spender. Showing no c
China is poised to gain global importance as a growth engine for the world economy on a par with Europe and the USA. Japanese multinational enterprises are increasingly active in relocating to China t
The growth of Chinaa (TM)s economy in recent years has been extraordinary, and there has been a corresponding rise in Chinaa (TM)s status in the world, and in Chinaa (TM)s international political posi
The role of fiscal policy in short-run macroeconomic stabilization is, by now, well known in the academic literature and in policy circles. However, this focus on the short-run, especially in a democr
The imbalance between China’s currency, the RMB, and those of other countries is widely regarded as a major problem for the world economy. There was a reform of China’s exchange rate mechanism in 2005