An engaging introduction to the fundamental elements of aneconomy "How an Economy Grows and Why it Doesn't" usesillustration, humor, and accessible storytelling to explain complextopics of economic growth and monetary systems. In it, economicexpert and bestselling author, Peter Schiff, presents economics intwo informative, yet thoroughly entertaining tales. Expanding ontwo tales previously published by Schiff's father, a trader andfinancial expert, this book takes complex economic issues anddistills them into a rousing allegory. With wit and humor, Schiffexplains the roots of economic growth, the uses of capital, thedestructive nature of consumer credit, and many other topicalprinciples of economic theory. From Peter Schiff, the bestsellingauthor of "Crash Proof," this new book is An insightfullyillustrated book that both entertains and educates readers aboutour economic system and A guide to understanding the concepts ofrisk, creation of capital assets, return, consumption, saving, andborrowing The ta
This is the most comprehensive assessment of the globaleconomy that I've seen and is a must-read for any business,economic, or governmental-related leader". Jeff M. Fettig, Chairman CEO, Whirlpool Corporation "A fascinating account of thecausal factors of the meltdown and what we can do to avoidrepetition." Sanjay Khosla, Executive Vice President and President,International for Kraft Foods "This book combines brilliantanalysis and strategic insight with a clear message: Companies thatwant to play a role in tomorrow's markets must act immediately.There's no place for complacency. The opportunities in thepost-crisis world are good--and better than many might think." Dr.Jurgen Hambrecht, CEO, BASF "The lessons from companies that cameout winners during past recessions are invaluable in the currentcontext. Rhodes and Stelter strike a welcome note of optimism intoday's tough times by showing that companies can do a lot tothrive when the global economy is struggling." Dr. Dieter Zetsche,CEO, Daimler "There
Drucker's vision of a "post-capitalist society"--one in which knowledge is the basic resource and nation-states compete with transnational, regional and tribal structures--is hardly original. What is new in this invigorating essay is his far-reaching analysis of the economic crisis of militarized, wasteful "megastates" like the United States and the former Soviet Union, which have failed to bring about a meaningful redistribution of income. Improving American productivity, he writes, will require investment in human resources and infrastructure (as Japan, Germany, Korea and Taiwan have done) and a drastic restructuring of organizations, including the elimination of most management layers. The federal goverment, Drucker asserts, should contract out tasks in the social sphere, confining itself to the role of policymaker. Among his other provocative proposals: jettison military aid to other countries; create a public audit agency to eliminate pork-barrel deals and special-interest politics; and hold schools acco
This distinctive textbook combines comprehensive coverage of the key policy areas of the European Union with analysis of individual countries, including the recent accession countries and Turkey. Part I analyzes the economic bases for the rise of the European Union from its origins in the post-World War II recovery to its historic enlargement in 2004. Part II takes up the different nation-state perspectives on the EU's economic policies by looking in turn at all European countries, whether members of the EU or not. The book is unique in providing both an EU perspective and European nation-state perspective on the major policy issues which have arisen since the end of World War II, as well as putting the economic analysis into an historical narrative which emphasizes the responses of policy-makers to external shocks such as the Cold War, the oil shocks, German reunification, and the collapse of the Soviet Union.
The Fifth Edition of Managerial Economics heralds a new era for this classic text. Carrying on the tradition established by Edwin Mansfield in the book's earlier editions, Bruce Allen, Neil Doherty, and Keith Weigelt—all of the University of Pennsylvania's Wharton School—have prepared an exciting revision that capitalizes on proven strengths while embracing new developments in the field. Retaining a hallmark of Managerial Economics, the authors include a wealth of cases and applications that consistently anchor the exposition in the real world of business decision making. New to the Fifth Edition is a greater focus on applied microeconomics, with two new chapters, one on auctions and another on the principal-agent problems of firms. These new chapters, numerous new cases and applications throughout the book, and an exciting new package of electronic ancillaries promise to make the Fifth Edition of Managerial Economics the best yet.
Writing performance appraisals is one of the most difficult and time-consuming tasks managers face. Perfect Phrases for Performance Reviews simplifies the job, providing a comprehensive collection of phrases that managers can use to describe employee performance, provide directions for improvement, and more. For example: Sets priorities well" Misses important deadlines" Thorough, reliable, and accurate" All managers and HR professionals will value the book for its: Hundreds of ready-to-use phrases, organized by job skill and performance level Tips for documenting performance issues and conducting face-to-face reviews Easily adapted performance review templates covering five performance levels.
Everything today's CPA candidates need to pass the CPAExam Published annually, this comprehensive four-volume paperbackreviews all four parts of the CPA exam. Many of the questions aretaken directly from previous CPA exams. With 3,800 multiple-choicequestions, these study guides provide all the informationcandidates need to master in order to pass the computerized UniformCPA Examination. Its unique modular format helps you zero in onthose areas that need more attention and organize your studyprogram. Complete sample exam The most effective system available to prepare for the CPAexam—proven for over thirty years Timely—up-to-the-minute coverage for the computerized exam Contains all current AICPA content requirements in auditing andattestation; business environment and concepts; financialaccounting and reporting; and regulation Unique modular format—helps candidates zero in on areas thatneed work, organize their study program, and concentrate theirefforts Comprehensi
Marketing has a greater purpose,and marketers,a higher calling,than simply selling more widgets,according to John Quelch and Katherine Jocz. In Greater Good,the authors contend that marketing performs an essential societal function--and does so democratically.They maintain that people would benefit if the realms of politics and marketing were informed by one another's best principles and practices. Quelch and Jocz lay out the six fundamental characteristics that marketing and democracy share:(1)exchange of value,such as goods,services,and promises,(2)consumption of goods and services,(3)choice in all decisions,(4)free flow of information,(5)active engagement of a majority of individuals,and(6)inclusion of as many people as possible.Without these six traits,both marketing and democracy would fail,and with them,society. Drawing on current and historical examples from economies around the world,this landmark work illuminates marketing's critical role in the development,growth,and governance of
In 1953, South Korea was rated by the U.N. as the poorestcountry in the world. Five decades later, it is the fifteenthlargest economy. Now, South Korea's decisions on how to manage itssociety and its role as a modern democracy while also establishingits policy regarding reunification with North Korea will determinewhere the country will go in the next fifty years. "The New Korea"examines the political, economic, industrial, and societal aspectsof Korea today. Will it continue to enjoy an economic boom throughnew industries while competing against low-wage countries likeChina and India? Will it return to its role as a stomping groundfor other powers? And what should Westerners pay attention to interms of investment and business opportunities? As South Koreaenters the most critical phase of its journey, it is crucial thatwe understand the factors involving its decisions and evolution."The New Korea" is a fascinating account of what is and may becomethe state of this important region.
Tooze provides an interpretation of the period of dramatic statistical innovation between 1900 and 1945. The Weimar Republic and the Third Reich were in the forefront of statistical innovation in the interwar decades. New ways of measuring the economy were inspired both by contemporary developments in macroeconomic theory and the needs of government. Under the Nazi regime, these statistical tools provided the basis for a radical experiment in economic planning. Based on the German example, Tooze argues for a more wide-ranging reconsideration of the history of modern economic knowledge. 作者简介: J. Adam Tooze provides an interpretation of the dramatic period of statistical innovation between 1900 and the end of World War II. At the turn of the century, virtually none of the economic statistics that we take for granted today were available. By 1944, the entire repertoire of modern economic statistics was being put to work in wartime economic management. As this book reveals, the Weimar Repub
刚跨过世纪门坎的两岸三地华人社会是走向[治』还是走向『乱』?是趋向和谐安定还是冲突不稳?经济转型与亚洲金融危机的打击,是如何地冲击了原来的利益和资源分配格局?有没有造成新的矛盾?或者激化了旧的矛盾?社会冲突是纡缓了还是加剧了?危机是缓解了还是加深了? 本书邀请了中国大陆、台湾和香港的学者,从社会阶层、阶级和社会流动的角度,为思考和解答这些问题提供了客观的数据和有用的线索。
"Just looking at things a bit differently can make all the difference because even--and sometimes especially--experts don't always know best." So states van Agtmael, founder of an investment advisory firm, who coined the phrase emerging markets to replace the negative connotation of Third World. He sets out in this book to profile 25 world-class emerging multinationals, which include Haier (Chinese brand in household appliances), Embraer (Brazilian producer of jet aircraft for regional markets), High Tech Computer Corp. (Taiwanese designers of sophisticated, converged hand-held devices), and Hyundai Heavy Industries (Korean shipbuilder, the world's largest). The author quotes Goldman Sachs' projections that the largest emerging markets, China, Brazil, India, and Russia, will overtake the U.S., Japan, Germany, France, the UK, Italy, and Canada by 2040. Understanding these companies and their strategies provides important insight into the future of globalization and the competitive challenges of this century. T
Paul Krugman, winner of the 2008 Nobel Prize in economics, shows how today's crisis parallels the events that caused the Great Depression - and explains what it will take to avoid catastrophe. In 1999, in "The Return of Depression Economics", Paul Krugman surveyed the economic crises that had swept across Asia and Latin America, and warned that those crises were a warning for all of us: like diseases that have become resistant to antibiotics, the economic maladies that caused the Great Depression were making a comeback. In the years that followed, as Wall Street boomed and financial wheeler-dealers made vast profits, the international crises of the 1990s faded from memory. But now depression economics has come to America: when the great housing bubble of the mid-2000s burst, the U.S. financial system proved as vulnerable as those of developing countries caught up in earlier crises - and a replay of the 1930s seems all too possible. In this new, greatly updated edition of "The Return of Depression Economics",
This book presents a comprehensive treatment of the theoryof regular economies, which is one of the most advancedtopics in modern general equilibrium theory, emphasizing thebasic ideas, the tools and the important applications. Although many notions and tools of differential topology are required tounderstand the theory, the author chooses a minimum of themand heuristically arranges them; that is, instead of lumpingtogether all the necessary mathematics, the author puts at the beginning of each chapter the minimum mathematics requiredfor the economic analysis of the chapter, so that the readerwill not only save much effort on the mathematics but alsodirectly understand howsuccessfully the mathematics is usedfor the economic issues.
The surge of inequality in income and wealth in the United States over the past twenty-five years has reversed the steady progress toward greater equality that had been underway throughout most of the twentieth century. This economic development has defied historical patterns and surprised many economists, producing vigorous debate. Inequality in America: What Role for Human Capital Policies? examines the ways in which human capital policies can address this important problem. Taking it as a given that potentially low-income workers would benefit from more human capital in the form of market skills and education, James Heckman and Alan Krueger discuss which policies would be most effective in providing it: should we devote more resources to the entire public school system, or to specialized programs like Head Start? Would relaxing credit restraints encourage more students to attend college? Does vocational training actually work? What is the best balance of private and public sector programs? The book p
Debt capital markets and loans business has become truly global during the past few years. Many European and US issuers are visiting Asia's credit markets regularly to tap into what is one of the most important investor pools. The same holds true for non-Asian investors who are regularly approached by Asian issuers planning or conducting international road shows and non-Asian bankers who facilitate such investor relations' exercises, or simply want to understand the dynamics and mechanics of Asia's credit markets. 作者简介:Florian Schmidt has been professionally involved in Asia's debt capital markets since 1993. Responsible for the origination and execution of a large number of bond issues - public and private, 'plain vanilla' and structured - for Asian issuers in the international and most local markets, he worked with Deutsche Bank, Nomura and HSBC in the past. His current assignment is Principal, Asia Debt Capital Markets with Bank of America.
Research–driven and clearly written, bestselling economist Richard Florida addresses the growing alarm about the exodus of high–value jobs from the USA. Today's most valued workers are what economist Richard Florida calls the Creative Class. In his bestselling The Rise of the Creative Class, Florida identified these variously skilled individuals as the source of economic revitalisation in US cities. In that book, he shows that investment in technology and a civic culture of tolerance (most often marked by the presence of a large gay community) are the key ingredients to attracting and maintaining a local creative class. In The Flight of the Creative Class, Florida expands his research to cover the global competition to attract the Creative Class. The USA once led the world in terms of creative capital. Since 2002, factors like the Bush administration's emphasis on smokestack industries, heightened security concerns after 9/11 and the growing cultural divide between conservatives and liberals
An eminent futures trader explores crucial factors in the markets that most experts overlook--time, volume and open interest--and describes little-known indicators to profitably track them. Covers all the popular technical approaches to futures, options and stock markets including Elliott Wave, oscillators, moving averages, Market Logic, point-and-figure charting. Explains why most traders sabotage themselves and how to avoid doing the same.
Corruption has been a feature of public institutions for centuries, yet only relatively recently has it been made the subject of sustained scientific analysis. In an important contribution to this ongoing project, Johann Graf Lambsdorff shows how insights from institutional economics can be used to develop a better understanding of the institutions necessary to carry out corrupt transactions and those that are helpful in inhibiting them. He argues that, rather than being deterred by penalties, corrupt actors are more influenced by other factors such as the opportunism of their criminal counterparts and the danger of acquiring a reputation of unreliability. This suggests a novel strategy for fighting corruption-the "invisible foot" - whereby the unreliability of corrupt counterparts induces honesty and good governance even in the absence of good intentions.Combining interdisciplinary theoretical research with state-of-the-art empirical investigations, this book will be an invaluable resource for researchers an
The widespread diffusion of information and communication technologies (ICT) has had controversial, seemingly paradoxical consequences. ICT are viewed as driving growth and employment in the United States, while contributing to European unemployment and the so-called Eurosclerosis. At the same time, both the United States and Europe have seen increased wage inequalities between skilled and unskilled workers. This book explores the computer's puzzling effects on the economy, at both the micro and macro levels. The contributions include data from field work, small samples of firms, and national surveys of management practice; econometric studies; and macroeconomic theoretical analysis.
In addition to the standard terms and concepts in managerial economics, there are several new items in the new edition. We now have entries on the internet (lock-in, network externalities, etc.) and on the EU (competition policy, merger policy). This edition also has entries on the Microsoft antitrust case, market microstructure and more which will be of interest to readers.
In their 2007 bestseller, Wikinomics,Don Tapscott and Anthony Williams showed theworld how masscollaboration was changing the way businesses communicate, createvalue,and compete in the new global marketplace. Now, in the wakeof the financial crisis, theprinciples of wikinomics have becomemore powerful than ever. Tapscott and Williams show that in morethan a dozen fields--from finance to healthcare, science toeducation, the media to the environment--we have reached a historicturningpoint: cling to the old industrial-era paradigms or usecollaborative innovation to revolu-tionize how we work, live,learn, create, govern, and care for one another. Theiroriginalresearch provides vivid new examples of organizations thatare successfully embracing theprinciples of wikinomics to changethe world.
Following in the successful vein of Managing for the Future (1992) and Managing in a Time of Great Change (1995), the incomparable Peter Drucker is back with fresh thoughts, insights, and knowledge about the ever-changing business society around us and the ever-expanding management roles required of us all-chiefs, executives, managers, and knowledge workers alike. Two main themes are explored in many of the chapters in Managing in the Next Society: the rapidly expanding information shock wave that had its Internet Big Bang as recently as 1995; and the changing shape of our society to come-six major trends that are rapidly transforming our world into what Peter Drucker calls The Next Society.
Rosa Luxemburg was a revolutionary socialist who fought and died for her beliefs. In January 1919, after being arrested for her involvement in a workers' uprising in Berlin, she was brutally murdered by a group of right-wing soldiers. Her body was recovered days later from a canal. Six years earlier she had published what was undoubtedly her finest achievement, The Accumulation of Capital - a book which remains one of the masterpieces of socialist literature. Taking Marx as her starting point, she offers an independent and fiercely critical explanation of the economic and political consequences of capitalism in the context of the turbulent times in which she lived, reinterpreting events in the United States, Europe, China, Russia and the British Empire. Many today believe there is no alternative to global capitalism. This book is a timely and forceful statement of an opposing view.