Introduction to Economics

In ancient times, scholars such as Confucius and Aristotle expounded on the virtue of the “middle way” or “intermediate,” an ideal point of moderation or balance between the extremes of human behavior. Adam Smith, widely considered the father of modern economics as we know it, also encouraged propriety in his first work, The Theory of Moral Sentiments. Since then, different schools of economics have continued to incorporate the idea of propriety into their theories, for example in such concepts as equilibrium and bounded rationality, though few economists have defined it explicitly. In light of growing uncertainty and polarization around the world, propriety economics offers alternative solutions for markets, governments, and everyday citizens.This book embarks on a thorough review of Eastern and Western philosophies of propriety over the past 2,500 years, followed by an investigation of the ideas of propriety found in five key schools of economics: classical, neoclassical, institution

This book offers a glimpse into the wide-ranging 50-year career of the internationally renowned Hong Kong photographer/designer through his work in collages and photomontages. From his early album covers when he was an art director/designer for the music industry in New York, Los Angeles and London in the 1970’s, through his diverse international assignments and personal works, to his most recent exhibition in Hong Kong. The story encompasses the long journey from cut-and-paste collages to the computer-composited photomontages of dreamscapes in this Carnival of Dreams.In his introduction titled ‘The Man from Everywhere’, Pico Iyer writes: “For decades now, Basil Pao has been the global eye through which I’ve taken in almost every country, as clearly as the world within… I never know where to place Basil; I can’t get my head around him. Album-designer, loving father, covert Chan master—21st century Renaissance man—Basil is always bringing the many worlds inside him together to create so

For over 20 years, Basil Pao followed Michael Palin (and his BBC crew) around the world. He documented their journeys from the North to South Pole and around the Pacific Rim. They retraced the footsteps of Hemingway, traversed deep into the Sahara, and trekked up and down across the Himalayas. They crisscrossed post-Iron Curtain Eastern Europe and surveyed Brazil from the Amazon to Iguazu Falls. Their collaborations resulted in 11 bestselling illustrated books. In between the Palin journeys, Pao travelled extensively for a variety of clients that took him to remote and exotic locations across the globe, including an epic journey through every province across the length and breadth of China to create the classic China Revealed.OM2—Ordinary Moments+ is the distilled essence of all the miles travelled and the tens of thousands of pictures captured. This anthology of 140 photographs illuminates the purity of Pao’s vision and contains some of the maestro’s personal favourite repor

This book offers a glimpse into the wide-ranging 50-year career of the internationally renowned Hong Kong photographer/designer through his work in collages and photomontages. From his early album covers when he was an art director/designer for the music industry in New York, Los Angeles and London in the 1970’s, through his diverse international assignments and personal works, to his most recent exhibition in Hong Kong. The story encompasses the long journey from cut-and-paste collages to the computer-composited photomontages of dreamscapes in this Carnival of Dreams.In his introduction titled ‘The Man from Everywhere’, Pico Iyer writes: “For decades now, Basil Pao has been the global eye through which I’ve taken in almost every country, as clearly as the world within… I never know where to place Basil; I can’t get my head around him. Album-designer, loving father, covert Chan master—21st century Renaissance man—Basil is always bringing the many worlds inside him together to create so

Co-published with HKU LibrariesOn the Steppes of Dreams is the latest collection of ‘dreamscapes’ by Basil Pao. Designed as a companion piece to his previous book Carnival of Dreams (2023) - which chronicled, from his first album cover and early cut & paste collages to the current CGI enhanced digital images of his photomontage work over a period of 50 years. The new book completes the circle and concludes the story of his surrealist/magic-realism imagery with a chapter of tributes to the group of artists who had inspired and influenced his work. The book is also intended as a celebration and a momento for the 100th anniversary of Surrealism.In his introduction, Terry Gilliam wrote: “His stunningly beautiful composite images surprise us by combining opposites, juxtaposing unlikely imagery and ideas that ask questions, make us smile, make us think, releasing us from the rigid restrictions of Reason. The portal is in your hands. Turn the page and float off into Basil’s endless univer

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The second edition of Introduction to International Economics is a non-technical introduction to international economics that builds on the strengths of the first edition. It analyses, in a practical

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This textbook provides a careful and clear explanation of universal economic principles that are illustrated primarily by examples drawn from agriculture, rural areas and the food industry. Since the