This book seeks to identify the forces which explain how and why some parts of the world have grown rich and others have lagged behind. Encompassing 2000 years of history, part 1 begins with the Roman Empire and explores the key factors that have influenced economic development in Africa, Asia, the Americas and Europe. Part 2 covers the development of macroeconomic tools of analysis from the 17th century to the present. Part 3 looks to the future and considers what the shape of the world economy might be in 2030. Combining both the close quantitative analysis for which Professor Maddison is famous with a more qualitative approach that takes into account the complexity of the forces at work, this book provides students and all interested readers with a totally fascinating overview of world economic history. Professor Maddison has the unique ability to synthesise vast amounts of information into a clear narrative flow that entertains as well as informs, making this text an invaluable resource for all students and scholars, and anyone interested in trying to understand why some parts of the World are so much richer than others.
Author: Tirthankar Roy
Publisher: Bloomsbury Publishing
Release Date: 2018-11-01
What are the problems addressed by the growing field of global economic history? What debates and methodologies does it engage with? As Global Economic History shows, there are many answers to these questions. Riello and Roy, alongside 20 leading academics from the US, UK, Europe, Australia and Japan, explain why a global perspective matters to economic history. The impressive cast recruited by the editors brings together top scholars in their respective areas of expertise, including John McNeill, Patrick O'Brien, and Prasannan Parthasarathi. An ambitious scope of topics ranges from the 'Great Divergence' to the rise of global finance, to the New World and the global silver economy. Chapters are organized both thematically (Divergence in Global History and Emergence of a World Economy), and geographically (Regional Perspectives on Global Economic Change), ensuring the global perspective required on these challenging courses today. The result is a textbook which provides students with a quick and confident grasp of the field and its essential issues.
Author: Robert Whaples
Release Date: 2013
Genre: Business & Economics
The Routledge Handbook of Modern Economic History aims to introduce readers to important approaches and findings of economic historians who study the modern world. Its short chapters reflect the most up-to-date research and are written by well-known economic historians who are authorities on their subjects. Modern economic history blends two approaches – Cliometrics (which focuses on measuring economic variables and explicitly testing theories about the historical performance and development of the economy) and the New Institutional Economics (which focuses on how social, cultural, legal and organizational norms and rules shape economic outcomes and their evolution). Part 1 of the Handbook introduces these approaches and other important methodological issues for economic history. The most fundamental shift in the economic history of the world began about two and a half centuries ago when eons of slow economic change and faltering economic growth gave way to sustained, rapid economic expansion. Part 2 examines this theme and the primary forces economic historians have linked to economic growth, stagnation and fluctuations – including technological change, entrepreneurship, competition, the biological environment, war, financial panics and business cycles. Part 3 examines the evolution of broad sectors that typify a modern economy including agriculture, banking, transportation, health care, housing, and entertainment. It begins by examining an equally important "sector" of the economy which scholars have increasingly analyzed using economic tools – religion. Part 4 focuses on the work force and human outcomes including inequality, labor markets, unions, education, immigration, slavery, urbanization, and the evolving economic roles of women and African-Americans. The text will be of great value to those taking economic history courses as well as a reference book useful to professional practitioners, policy makers and the public.
Author: James D. Gwartney
Publisher: Cengage Learning
Release Date: 2014-02-04
Genre: Business & Economics
ECONOMICS: PRIVATE AND PUBLIC CHOICE, Fifteenth Edition, reflects current economic conditions, enabling students to apply economic concepts to the world around them. The up-to-date text includes analysis and explanation of measures of economic activity in today's market. It also includes highlights of the recession of 2008-2009, and an in-depth look at the lives and contributions of notable economists. ECONOMICS: PRIVATE AND PUBLIC CHOICE dispels common economic myths. The text uses the invisible hand metaphor to explain economic theory, demonstrating how it works to stimulate the economy. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Author: Silvia A. Conca Messina
Release Date: 2019-04-24
Genre: Business & Economics
Why was early modern Europe the starting point of the economic expansion which led to the Industrial Revolution? What was the state’s role in this momentous transformation? A History of States and Economic Policies in Early Modern Europe takes a comparative approach to answer these questions, demonstrating that wars, public finance and state intervention in the economy were the key elements underlying European economic dynamics of the era. Structured in two parts, the book begins by examining the central issues of the state–economy relationship, including military revolution, the fiscal state and public finance, mercantilism, the formation of commercial empires and the economic war between Britain and France in the 1700s. The second part presents a detailed comparison between the different economic policies of the most important European states, looking at their unique demographic, economic, military and institutional contexts. Taken as a whole, this work provides a valuable analysis of early modern economic history and a picture of Europe’s global position on the eve of the Industrial Revolution. This book will be useful to students and researchers of economic history, early modern history and European history.
Author: Astrid Kander
Release Date: 2002
Genre: Business & Economics
The PhD dissertation discusses large transformations of technologies have occurred in the Swedish economy during the last two centuries, resulting in higher income, better quality of products and changing composition of GDP. An agrarian society has given way to an industrial society and lately to a post-industrial phase. The energy supply systems have changed, from traditional energy carriers, such as firewood and muscle energy to modern carriers like coal, oil and electricity, with effects on CO2 emissions. Not only has the energy supply gone through fundamental changes, but also forest management, which affects the net emissions of CO2. The interrelations of growth, energy and CO2 are analyzed in this thesis, which uses standard calculations
Author: Michael Shermer
Publisher: Henry Holt and Company
Release Date: 2015-01-20
Bestselling author Michael Shermer's exploration of science and morality that demonstrates how the scientific way of thinking has made people, and society as a whole, more moral From Galileo and Newton to Thomas Hobbes and Martin Luther King, Jr., thinkers throughout history have consciously employed scientific techniques to better understand the non-physical world. The Age of Reason and the Enlightenment led theorists to apply scientific reasoning to the non-scientific disciplines of politics, economics, and moral philosophy. Instead of relying on the woodcuts of dissected bodies in old medical texts, physicians opened bodies themselves to see what was there; instead of divining truth through the authority of an ancient holy book or philosophical treatise, people began to explore the book of nature for themselves through travel and exploration; instead of the supernatural belief in the divine right of kings, people employed a natural belief in the right of democracy. In The Moral Arc, Shermer will explain how abstract reasoning, rationality, empiricism, skepticism--scientific ways of thinking--have profoundly changed the way we perceive morality and, indeed, move us ever closer to a more just world.
The human brain has some capabilities that the brains of other animals lack. It is to these distinctive capabilities that our species owes its dominant position. Other animals have stronger muscles or sharper claws, but we have cleverer brains. If machine brains one day come to surpass human brains in general intelligence, then this new superintelligence could become very powerful. As the fate of the gorillas now depends more on us humans than on the gorillas themselves, so the fate of our species then would come to depend on the actions of the machine superintelligence. But we have one advantage: we get to make the first move. Will it be possible to construct a seed AI or otherwise to engineer initial conditions so as to make an intelligence explosion survivable? How could one achieve a controlled detonation? To get closer to an answer to this question, we must make our way through a fascinating landscape of topics and considerations. Read the book and learn about oracles, genies, singletons; about boxing methods, tripwires, and mind crime; about humanity's cosmic endowment and differential technological development; indirect normativity, instrumental convergence, whole brain emulation and technology couplings; Malthusian economics and dystopian evolution; artificial intelligence, and biological cognitive enhancement, and collective intelligence. This profoundly ambitious and original book picks its way carefully through a vast tract of forbiddingly difficult intellectual terrain. Yet the writing is so lucid that it somehow makes it all seem easy. After an utterly engrossing journey that takes us to the frontiers of thinking about the human condition and the future of intelligent life, we find in Nick Bostrom's work nothing less than a reconceptualization of the essential task of our time.
Author: Mark S. Weiner
Publisher: Farrar, Straus and Giroux
Release Date: 2013-03-12
Genre: Political Science
A revealing look at the role kin-based societies have played throughout history and around the world A lively, wide-ranging meditation on human development that offers surprising lessons for the future of modern individualism, The Rule of the Clan examines the constitutional principles and cultural institutions of kin-based societies, from medieval Iceland to modern Pakistan. Mark S. Weiner, an expert in constitutional law and legal history, shows us that true individual freedom depends on the existence of a robust state dedicated to the public interest. In the absence of a healthy state, he explains, humans naturally tend to create legal structures centered not on individuals but rather on extended family groups. The modern liberal state makes individualism possible by keeping this powerful drive in check—and we ignore the continuing threat to liberal values and institutions at our peril. At the same time, for modern individualism to survive, liberals must also acknowledge the profound social and psychological benefits the rule of the clan provides and recognize the loss humanity sustains in its transition to modernity. Masterfully argued and filled with rich historical detail, Weiner's investigation speaks both to modern liberal societies and to developing nations riven by "clannism," including Muslim societies in the wake of the Arab Spring.
Author: Mark Horsley
Publisher: Ashgate Publishing, Ltd.
Release Date: 2015-03-28
Genre: Social Science
This book offers a critical analysis of consumer credit markets and the growth of outstanding debt, presenting in-depth interview material to explore the phenomenon of mass indebtedness through the life trajectories of self-identified debtors struggling with the pressures of owing money. A rich and original qualitative study of the close relationship between financial capitalism, consumer aspirations, social exclusion and the proliferation of personal indebtedness, The Dark Side of Prosperity examines questions of social identity, subjectivity and consumer motivation in close connection with the socio-cultural ideals of an ‘enjoyment society’ that binds the value of the lives of individuals to the endless acquisition and disposal of pecuniary resources and lifestyle symbols. Critically engaging with the work of Giddens, Beck and Bauman, this volume draws on the thought of contemporary philosophers including Žižek, Badiou and Rancière to consider the possibility that the expansion of outstanding consumer credit, despite its many consequences, may be integral to the construction of social identity in a radically indeterminate and increasingly divided society. A ground-breaking work of critical social research this book will appeal to scholars of social theory, contemporary philosophy and political and economic sociology, as well as those with interests in consumer credit and cultures of indebtedness.
Author: Paul D. Kaplan
Publisher: John Wiley & Sons
Release Date: 2011-11-29
Genre: Business & Economics
Innovative approaches to putting asset allocation intopractice Building on more than 15 years of asset-allocation research,Paul D. Kaplan, who led the development of the methodologies behindthe Morningstar Rating(TM) and the Morningstar Style Box(TM),tackles key challenges investor professionals face when puttingasset-allocation theory into practice. This book addresses commonissues such as: How should asset classes be defined? Should equities be divided into asset classes based oninvestment style, geography, or other factors? Should asset classes be represented by market-cap-weightedindexes or should other principles, such as fundamental weights, beused? How do actively managed funds fit into asset-class mixes? Kaplan also interviews industry luminaries who have greatlyinfluenced the evolution of asset allocation, including HarryMarkowitz, Roger Ibbotson, and the late Benoit Mandelbrot.Throughout the book, Kaplan explains allocation theory, creates newstrategies, and corrects common misconceptions, offering originalinsights and analysis. He includes three appendices that put theoryinto action with technical details for new asset-allocationframeworks, including the next generation of portfolio constructiontools, which Kaplan dubs "Markowitz 2.0."
Author: Rhona C. Free
Release Date: 2010-05-14
Genre: Business & Economics
Interest in economics is at an all-time high. Among the challenges facing the nation is an economy with rapidly rising unemployment, failures of major businesses and industries, and continued dependence on oil with its wildly fluctuating price. Americans are debating the proper role of the government in company bailouts, the effectiveness of tax cuts versus increased government spending to stimulate the economy, and potential effects of deflation. Economists have dealt with such questions for generations, but they have taken on new meaning and significance. Tackling these questions and encompassing analysis of traditional economic theory and topics as well as those that economists have only more recently addressed, 21st Century Economics: A Reference Handbook is intended to meet the needs of several types of readers. Undergraduate students preparing for exams will find summaries of theory and models in key areas of micro and macroeconomics. Readers interested in learning about economic analysis of an issue as well students embarking on research projects will find introductions to relevant theory and empirical evidence. And economists seeking to learn about extensions of analysis into new areas or about new approaches will benefit from chapters that introduce cutting-edge topics. To make the book accessible to undergraduate students, models have been presented only in graphical format (minimal calculus) and empirical evidence has been summarized in ways that do not require much background in statistics or econometrics. It is thereby hoped that chapters will provide both crucial information and inspiration in a non-threatening, highly readable format.
Author: Stephen D. King
Release Date: 2010
Genre: Business & Economics
Argues that the future will bring major redistribution of wealth and power around the world, which will result in social and political consequences in the United States and Europe, when the population that is accustomed to living in prosperity must stop living beyond their means.