Essential Economics

Essential Economics
Author: Matthew Bishop
Publisher: Bloomberg Press
Total Pages: 282
Release: 2004-05-01
Genre: Business & Economics
ISBN: 9781861975805

Adviser, Teacher, Role Model, Friend

Adviser, Teacher, Role Model, Friend
Author: National Academy of Engineering
Publisher: National Academies Press
Total Pages: 97
Release: 1997-08-30
Genre: Education
ISBN: 0309063639

This guide offers helpful advice on how teachers, administrators, and career advisers in science and engineering can become better mentors to their students. It starts with the premise that a successful mentor guides students in a variety of ways: by helping them get the most from their educational experience, by introducing them to and making them comfortable with a specific disciplinary culture, and by offering assistance with the search for suitable employment. Other topics covered in the guide include career planning, time management, writing development, and responsible scientific conduct. Also included is a valuable list of bibliographical and Internet resources on mentoring and related topics.

Raising Keynes

Raising Keynes
Author: Stephen A. Marglin
Publisher: Harvard University Press
Total Pages: 921
Release: 2020-07-14
Genre: Business & Economics
ISBN: 0674971027

Back to the future: a heterodox economist rewrites Keynes's General Theory of Employment, Interest, and Money to serve as the basis for a macroeconomics for the twenty-first century. John Maynard Keynes's General Theory of Employment, Interest, and Money was the most influential economic idea of the twentieth century. But, argues Stephen Marglin, its radical implications were obscured by Keynes's lack of the mathematical tools necessary to argue convincingly that the problem was the market itself, as distinct from myriad sources of friction around its margins. Marglin fills in the theoretical gaps, revealing the deeper meaning of the General Theory. Drawing on eight decades of discussion and debate since the General Theory was published, as well as on his own research, Marglin substantiates Keynes's intuition that there is no mechanism within a capitalist economy that ensures full employment. Even if deregulating the economy could make it more like the textbook ideal of perfect competition, this would not address the problem that Keynes identified: the potential inadequacy of aggregate demand. Ordinary citizens have paid a steep price for the distortion of Keynes's message. Fiscal policy has been relegated to emergencies like the Great Recession. Monetary policy has focused unduly on inflation. In both cases the underlying rationale is the false premise that in the long run at least the economy is self-regulating so that fiscal policy is unnecessary and inflation beyond a modest 2 percent serves no useful purpose. Fleshing out Keynes's intuition that the problem is not the warts on the body of capitalism but capitalism itself, Raising Keynes provides the foundation for a twenty-first-century macroeconomics that can both respond to crises and guide long-run policy.

Hearings

Hearings
Author: United States. Congress. House. Committee on Foreign Affairs
Publisher:
Total Pages: 1568
Release: 1962
Genre:
ISBN:

A Country is Not a Company

A Country is Not a Company
Author: Paul R. Krugman
Publisher: Harvard Business Press
Total Pages: 64
Release: 2009
Genre: Business & Economics
ISBN: 1422133400

Nobel-Prize-winning economist Paul Krugman argues that business leaders need to understand the differences between economic policy on the national and international scale and business strategy on the organizational scale. Economists deal with the closed system of a national economy, whereas executives live in the open-system world of business. Moreover, economists know that an economy must be run on the basis of general principles, but businesspeople are forever in search of the particular brilliant strategy. Krugman's article serves to elucidate the world of economics for businesspeople who are so close to it and yet are continually frustrated by what they see. Since 1922, Harvard Business Review has been a leading source of breakthrough management ideas-many of which still speak to and influence us today. The Harvard Business Review Classics series now offers readers the opportunity to make these seminal pieces a part of your permanent management library. Each highly readable volume contains a groundbreaking idea that continues to shape best practices and inspire countless managers around the world-and will have a direct impact on you today and for years to come.

Innovation + Equality

Innovation + Equality
Author: Joshua Gans
Publisher: MIT Press
Total Pages: 187
Release: 2019-10-29
Genre: Political Science
ISBN: 026204322X

How to get more innovation and more equality. Is economic inequality the price we pay for innovation? The amazing technological advances of the last two decades—in such areas as artificial intelligence, genetics, and materials—have benefited society collectively and rewarded innovators handsomely: we get cool smartphones and technology moguls become billionaires. This contributes to a growing wealth gap; in the United States; the wealth controlled by the top 0.1 percent of households equals that of the bottom ninety percent. Is this the inevitable cost of an innovation-driven economy? Economist Joshua Gans and policy maker Andrew Leigh make the case that pursuing innovation does not mean giving up on equality—precisely the opposite. In this book, they outline ways that society can become both more entrepreneurial and more egalitarian. All innovation entails uncertainty; there's no way to predict which new technologies will catch on. Therefore, Gans and Leigh argue, rather than betting on the future of particular professions, we should consider policies that embrace uncertainty and protect people from unfavorable outcomes. To this end, they suggest policies that promote both innovation and equality. If we encourage innovation in the right way, our future can look more like the cheerful techno-utopia of Star Trek than the dark techno-dystopia of The Terminator.

A Certain Idea of France

A Certain Idea of France
Author: Julian Jackson
Publisher: Penguin UK
Total Pages: 866
Release: 2018-06-18
Genre: Biography & Autobiography
ISBN: 1846143527

A SUNDAY TIMES, THE TIMES, DAILY TELEGRAPH, NEW STATESMAN, SPECTATOR, FINANCIAL TIMES, TLS BOOK OF THE YEAR 'Masterly ... awesome reading ... an outstanding biography' Max Hastings, Sunday Times The definitive biography of the greatest French statesman of modern times In six weeks in the early summer of 1940, France was over-run by German troops and quickly surrendered. The French government of Marshal Pétain sued for peace and signed an armistice. One little-known junior French general, refusing to accept defeat, made his way to England. On 18 June he spoke to his compatriots over the BBC, urging them to rally to him in London. 'Whatever happens, the flame of French resistance must not be extinguished and will not be extinguished.' At that moment, Charles de Gaulle entered into history. For the rest of the war, de Gaulle frequently bit the hand that fed him. He insisted on being treated as the true embodiment of France, and quarrelled violently with Churchill and Roosevelt. He was prickly, stubborn, aloof and self-contained. But through sheer force of personality and bloody-mindedness he managed to have France recognised as one of the victorious Allies, occupying its own zone in defeated Germany. For ten years after 1958 he was President of France's Fifth Republic, which he created and which endures to this day. His pursuit of 'a certain idea of France' challenged American hegemony, took France out of NATO and twice vetoed British entry into the European Community. His controversial decolonization of Algeria brought France to the brink of civil war and provoked several assassination attempts. Julian Jackson's magnificent biography reveals this the life of this titanic figure as never before. It draws on a vast range of published and unpublished memoirs and documents - including the recently opened de Gaulle archives - to show how de Gaulle achieved so much during the War when his resources were so astonishingly few, and how, as President, he put a medium-rank power at the centre of world affairs. No previous biography has depicted his paradoxes so vividly. Much of French politics since his death has been about his legacy, and he remains by far the greatest French leader since Napoleon.

The Ages of Globalization

The Ages of Globalization
Author: Jeffrey D. Sachs
Publisher: Columbia University Press
Total Pages: 369
Release: 2020-06-02
Genre: Political Science
ISBN: 0231550480

Today’s most urgent problems are fundamentally global. They require nothing less than concerted, planetwide action if we are to secure a long-term future. But humanity’s story has always been on a global scale. In this book, Jeffrey D. Sachs, renowned economist and expert on sustainable development, turns to world history to shed light on how we can meet the challenges and opportunities of the twenty-first century. Sachs takes readers through a series of seven distinct waves of technological and institutional change, starting with the original settling of the planet by early modern humans through long-distance migration and ending with reflections on today’s globalization. Along the way, he considers how the interplay of geography, technology, and institutions influenced the Neolithic revolution; the role of the horse in the emergence of empires; the spread of large land-based empires in the classical age; the rise of global empires after the opening of sea routes from Europe to Asia and the Americas; and the industrial age. The dynamics of these past waves, Sachs demonstrates, offer fresh perspective on the ongoing processes taking place in our own time—a globalization based on digital technologies. Sachs emphasizes the need for new methods of international governance and cooperation to prevent conflicts and to achieve economic, social, and environmental objectives aligned with sustainable development. The Ages of Globalization is a vital book for all readers aiming to make sense of our rapidly changing world.

An Economist in the Real World

An Economist in the Real World
Author: Kaushik Basu
Publisher: Penguin UK
Total Pages: 304
Release: 2016-02-11
Genre: Literary Collections
ISBN: 9385890662

Appointed as the chief economic adviser (CEA) to the Government of India in 2009, Basu—a theorist, with special interest in development economics, and a professor of economics at Cornell University—discovered the complexity of applying economic models to the real world. Effective policymaking, Basu learned, integrates technical knowledge with political awareness. In this book, he describes the art of economic policymaking, viewed through the lens of his two and a half years as CEA.