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Please note: This is a companion version & not the original book. Book Preview:
#1 The notion of national output is at the heart of macroeconomics. The total amount of output produced by a country constitutes its ultimate budget constraint. A country can only use more output than it produces if it borrows the difference from foreigners.
#2 The most widely used measure of national output is gross domestic product, which is the value of all the goods...
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Fixing Russia's Banks documents how Russia's financial system is built on what Michael S. Bernstam and Alvin Rabushka call ersatz banks. These inferior imitation banks have served largely as tools of the government to redistribute public funds to favored firms. The highly vaunted achievements of privatization, removal of price controls, and foreign trade liberalization have failed to produce growth because of a lack of private financing. National...
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The objective of this book is to provide an understanding of the economy with its nature and structure, dominance of unorganized sector, natural resources, economic and social infrastructure, demographic features, poverty, unemployment, inequality, national income, saving and investment, role of noneconomic factors, and sources of data.
India evokes many images because the country is extremely heterogeneous in its resource endowments, climate, languages,...
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Macroeconomics deal with big picture economic policy. Instead of focusing on small individual markets it deals with the scale of a national or global economy. Understanding them is paramount to gauge the health and growth of an economy. Many models are formed around macroeconomics to explain the correlation between many various factors. By studying these factors it becomes easier to understand the benefits and detriments of long term and short term...
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Our economy is focused on growth and profit. In any given business, success is measured by the flow of money, not the interest of the people involved. In Because People Matter, author Jurriaan Kamp tells us why there are better alternatives. Kamp argues that the world economy is not only based on money, but on human choices as well. It is those human choices that can promote the change necessary to transform our current crisis into a healthier economy...
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The American dream of equal opportunity is in peril. America's economic inequality is shocking, poverty threatens to become a heritable condition, and our healthcare system is crumbling despite ever-increasing costs.
Edward D. Kleinbard demonstrates how the failure to acknowledge the force of brute luck in our material lives exacerbates these crises leading to warped policy choices that impede genuine equality of opportunity for many Americans. What's...
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Book Preview: #1 The most obvious physical constraint on fertility is the length of the fertile period, which has been decreasing from about 17 years in preindustrial societies to less than 13 years in today's Western world.
#2 The shift from high to low fertility took about two centuries in Denmark and 170 years in Sweden. No country has been able to stop the fertility decline at...
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#1 Capitalism is a system that takes more than it gives back. The ecological crisis is an inevitable consequence of this system. The standard story that capitalism emerged naturally from feudalism is not true.
#2 Feudalism was a system in which the land was controlled by the nobility, and the people who lived on it were forced to render tribute to them in the form of...
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An in-depth look at how the ideas formulated by the interwar League of Nations shaped American thinking on the modern global order.
Plowshares into Swords recaptures the power of knowledge and information developed between World War I and World War II by an international society of institutions and individuals committed to liberal international order and given focus by the League of Nations in Geneva. That information and analysis revolutionized...
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"It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments." – from The Theory of Money and Credit
Originally published in 1912, Ludwig von Mises's The Theory of Money and Credit remains today one of economic theory's most influential and controversial treatises. Von Mises's examination into...
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The era of ChatGPT, artificial intelligence, disruptive innovation, and environmental dynamics poses a unique challenge to leaders of entrepreneurial business venture as they seek to achieve superior competitive advantage for their firms in a global marketplace. The challenge doesn't only stem from domestic and international competitors but also from other external sources such as man-made and natural disasters that are beyond the control of entrepreneurs...
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The underground economy, which consists of all commerce on which applicable taxes are being evaded, leads to misleading macroeconomic indicators and thus the application of irrational economic policies. During the 1960s, the underground economy began to be discussed as an important economic and social issue in western economies and in the U.S.A. In the 1980's it became a problem discussed in all economies worldwide. During the last few years, there...
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Analyzing the movement's deep-seated origins in questions that the country has sought too long to ignore, some of the greatest economic minds and most incisive cultural commentators - from Paul Krugman, Robin Wells, Michael Lewis, Robert Reich, Amy Goodman, Barbara Ehrenreich, Gillian Tett, Scott Turow, Bethany McLean, Brandon Adams, and Tyler Cowen to prominent labor leaders and young, cutting-edge economists and financial writers whose work is not...
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"The first half of Chris Hughes' life played like a movie reel right out of the American Dream. He grew up in a small town in North Carolina. His parents were people of modest means, but he was accepted into an elite boarding school and then Harvard, both on scholarship. There, he met Mark Zuckerberg and Dustin Moskovitz and became one of the co-founders of Facebook. In telling his story, Hughes demonstrates the powerful role fortune and luck play...
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Celebrated economic policy maker and political theorist Robert B. Reich argues that the nation's 2008 economic collapse is the result of an increasing concentration of income and wealth at the top--and a middle class that had to go deeply into debt to maintain a decent standard of living. To ensure that prosperity is widely shared, he continues, requires the implementation of a much broader safety net for the middle class financed by higher marginal...
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Cotton Malone novels volume 10
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""The 16th Amendment to the Constitution legalized federal income tax, but what if there were problems with the 1913 ratification of that amendment? Problems that call into question decades of tax collecting, and could even bring down the US economy. There is a surprising truth to this possibility a truth wholly entertained by Steve Berry, a top-ten New York Times bestselling writer, in his new thriller, The Patriot Threat. His protagonist, Cotton...
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"Billionaire Wilderness offers an unprecedented look inside the world of the ultra-wealthy and their relationship to the natural world, showing how the ultra-rich use nature to resolve key predicaments in their lives. Justin Farrell immerses himself in Teton County, Wyoming-both the richest county in the United States and the county with the nation's highest level of income inequality-to investigate interconnected questions about money, nature, and...
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"The world is a better place than it used to be. People are wealthier and healthier, and live longer lives. Yet the escapes from destitution by so many have left gaping inequalities between people and between nations. In The Great Escape, Angus Deaton--one of the foremost experts on economic development and on poverty--tells the remarkable story of how, starting two hundred and fifty years ago, some parts of the world began to experience sustained...
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When a six-year-old child named Turtle is the sole witness to a freak accident at the Hoover Dam, she and her adoptive mother Taylor have a moment of celebrity that will change their lives forever. Turtle is claimed by Annawake Fourkiller, a Cherokee activist, to have been wrongly taken from the Cherokee nation. Fear of losing Turtle sends Taylor fleeing across the country with her mother Alice, pursued by Annawake. In the course of their journey,...
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A presentation of economics in plain language.
A presentation of economics in plain, straightforward language, without the jargon, graphs, or equations that dominate most other economic writings. This book is aimed at people with no previous study of the subject, namely the general public and beginning students in economics. Basic Economics illustrates economic principles with vivid examples from countries around the world, to make those principles...
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