381 results for "Finance"

The big ten: the big emerging markets and how they will change our lives

Garten, Jeffrey E.
A dramatic transformation of global power is under way, one only dimly recognized by most Americans. As economics and trade now loom larger than nuclear stockpiles or Cold War ideology, those countries with the fastest growing economies have begun to rewrite the rules of power and influence in the world. These nations are the Big Emerging Markets, and for too long we have failed to recognize their importance. We can no longer afford that luxury. The Big Ten is the essential guide to the ten most important Big Emerging Markets. Jeffrey E. Garten, the Dean of the Yale School of Management and the former Under Secretary of Commerce for International Trade, explains who they are, why they have burst onto the world scene, and how they will reshape the world in the twenty-first century. The ten countries to watch are spread across the globe: Mexico, Brazil, and Argentina in the Americas; China, India, Indonesia, and South Korea in Asia; Poland and Turkey in Europe; and in Africa, South Africa. The Big Ten are bigger than most people realize: they are home to half the world's population, and the United States exports more products to these countries than to Europe and Japan combined. They also wield immense political influence in many of the world's most critical regions. Moreover, American industrial firms, mutual funds, and pension plans have begun to invest heavily in these dynamic economies, making our own prosperity increasingly dependent on theirs.While the Big Ten offer new opportunities for the United States, Garten observes their potential political instability could create economic havoc around the world. In addition, they pose powerful ethical and strategic dilemmas. The BEMs do not share our values regarding human rights, child labor, corruption, or environmental degradation, and our growing contacts with these societies are sure to violate our notions of fairness and our moral sensibilities. And as the Big Ten grow and mature as regional powers, they will pose unprecedented challenges to American global leadership.Drawing on his first-hand experiences at the highest levels of government, finance, and academia, Garten advances a comprehensive plan for America to meet the challenges of this emerging new world. he addresses the critical questions facing American policy makers, business executives, educators, and concerned citizens, and he outlines the bold changes that will be necessary if we are to control our national destiny in the decades to come. The Big Ten will help readers understand the importance of NAFTA, the rise of China, the connection between trade and human rights, and the imperatives for American foreign policy, business, and higher education. Packed with powerful insights and real-life stories from the front lines of international commerce, The Big Ten will redefine the way we think about America's global role in the twenty-first century.
BasicBooks 1997 232 pages

The evolution of central banks

Goodhart, C. A. E.
"The Evolution of Central Banks" employs a wide range of historical evidence and reassesses current monetary analysis to argue that the development of non-profit-maximizing and noncompetitive central banks to supervise and regulate the commercial banking system fulfils a necessary and natural function.Goodhart surveys the case for free banking, examines the key role of the clearing house in the evolution of the central bank, and investigates bank expansion and fluctuation in the context of the clearing house mechanism. He concludes that it is the noncompetitive aspect of the central bank that is crucial to the performance of its role. Goodhart addresses the questions of deposit insurance and takes up the "club theory" approach to the central bank. Included in the historical study of their origins are 8 European central banks, the Bank of Japan, the Bank of England, and the Federal Reserve Board of the United States.Charles Goodhart was appointed to the newly established Norman Sosnow Chair of Banking and Finance at the London School of Economics in 1985. For the previous 17 years he served as a monetary economist at the Bank of England, becoming a Chief Adviser in 1980.
MIT Press 1988 205 pages

The age of federalism

Elkins, Stanley
When Thomas Jefferson took the oath of office for the presidency in 1801, the United States had just passed through twelve critical years, years dominated by some of the towering figures of our history and by the challenge of having to do everything for the first time. Washington, Hamilton, Madison, Adams, and Jefferson himself each had a share in setting the nation's important precedents, in organizing the public finances, and in attempting - though with minimal success - to compel respect for the American republic from the powers of Europe. The historical era bounded by those first years is brilliantly represented in The Age of Federalism. Written by esteemed historians Stanley Elkins and Eric McKitrick, The Age of Federalism gives us a reflective, deeply informed analytical survey of this extraordinary period. Ranging over the widest variety of concerns - political, cultural, economic, diplomatic, military - the authors keep in view not only the problems the new nation faced but also the particular individuals who tried, with mixed results, to solve them. They intersperse their account with subtly perceptive (and sometimes delightful) character sketches, not only of the great central figures - Washington and Jefferson, Talleyrand and Napoleon Bonaparte - but also of various lesser ones, such as George Hammond, Britain's frustrated minister to the United States, James McHenry, Adams's hapless Secretary of War, a pre-Chief Justice version of John Marshall, and others. They weave these lively profiles into an analysis of the major controversies of the time in an effort to recover something that is now two centuries out of reach, the psychology of a generation of nation-builders, not all of it attractive. The moral urgency of these issues, and the bitterness of the disagreements over them, reflected a fearful sense that the entire future hung on the particular way any one of them was settled. We thus see, for example, how the fight over Hamilton's Treasury system widened an ideological gulf between Hamilton and the Virginians, Madison and Jefferson, that became unbridgeable; how their divisions came to involve questions of foreign relations as well as domestic policy; and how the passions thus generated led to what everyone professed to deplore, the formation of political parties. The most complex issues and episodes are presented with a clarity and a connectedness that they have seldom had in previous treatments. We get a fresh reading of the Whiskey Rebellion of 1794, the Adams presidency, the XYZ Affair, the naval Quasi-War with France, and the desperate Federalist maneuvers in 1800, first to prevent the reelection of Adams and then to nullify the election of Jefferson. The statesmen of the founding generation, the authors concede, did "a surprising number of things right." Some things, however, went resoundingly wrong: the hopelessly underfinanced effort to construct a capital city on the Potomac (it would have made far more sense, the authors argue, to leave it in New York); the drive in 1798 to form a mighty army that virtually nobody wanted; and prosecutions under the Alien and Sedition Acts which turned into a comic nightmare. The Age of Federalism is the fruit of many years of study and discussion. It combines breadth of scholarship with those touches already familiar in the authors' previous handling of historical subjects: analogies, fascinating side-excursions, counterfactual projections, and understated irony, all couched in a prose that is graceful and lucid. With it, Stanley Elkins and Eric McKitrick have produced a comprehensive synthesis, long awaited by historians, of our early national era.
Oxford University Press 1993 925 pages

The crunch: how greed and incompetence sparked the credit crisis

Brummer, Alex
On 9 August 2007 France's largest bank announced that it had had to suspend trading in two huge investment funds it controlled. The same day three German banks revealed that they were close to collapse. A few days later came the first run on a British bank since the 1860s as vast queues of worried investors besieged Northern Rock. Within weeks, the Government were being forced to bail out this previously little-known bank to the tune of e30 billion, share prices in other mortgage lenders were plummeting, and alarming news about the state of several of the biggest US banks was crossing the Atlantic. What lay behind this series of crippling disasters? In The Crunch , award-winning journalist Alex Brummer painstakingly traces the course of the crisis from its origins in the US 'subprime' market to its explosion on to the international scene. It's a story of greed, mismanagement and dithering in which bankers seeking to make a quick buck, regulators engaged in turf wars and blame-avoidance, and governments paralysed by the sheer scale of the problem all conspired to bring the banking system almost to its knees. It's also a story of victims- the millions of people in the US who have already been thrown out of their houses, the entire population of the UK who have been co-opted to guarantee Northern Rock with e30 billion of public money, borrowers everywhere who are now finding credit more expensive and harder to get. And, as Alex Brummer convincingly argues, now that recession looms, this is only the beginning.
Random House Business Books 2009 272 pages

Quite Enough of Calvin Trillin Forty Years of Funny Stuff

Calvin Trillin
“Brilliant . . . The dean of American comic writers showcases his varied talents mocking the public and private lives of politicians, average citizens and himself.”— The Star-Ledger Calvin Trillin has committed blatant acts of funniness all over the place—in The New Yorker, in one-man off-Broadway shows, in his “deadline poetry” for The Nation, in comic novels, and in what USA Today called “simply the funniest regular column in journalism.” Now Trillin selects the best of his funny stuff and organizes it into topics like high finance (“My long-term investment strategy has been criticized as being entirely too dependent on Publishers Clearing House sweepstakes”) and the literary life (“The average shelf life of a book is somewhere between milk and yogurt”). He addresses the horrors of witnessing a voodoo economics ceremony and the mystery of how his mother managed for thirty years to feed her family nothing but leftovers (“We have a team of anthropologists in there now looking for the original meal”). He even skewers deserving political figures in poetry. In this, the definitive collection of his humor, Calvin Trillin is prescient, insightful, and invariably hilarious. “A literary treasure . . . There is only one Calvin Trillin, and if he didn’t exist we would have to invent him.”— The Washington Times “Funny is to Trillin what drinking is to Uncle Jed in Annie Get Your Gun —it’s what he does ‘natur’lly.’ He’s also a lot more than funny. Quite Enough of Calvin Trillin is the twenty-eighth book he’s published over not far short of a half-century, and their range of subjects is remarkable.”—Jonathan Yardley, The Washington Post “Trillin made his reputation over four decades as the author of ‘U.S. Journal’ in the New Yorker [but he] is incapable of resisting the temptation of comedy. The jokes kept on welling up and Mr. Trillin made a parallel reputation as a writer of funny stuff.”— The Economist “Wry, whip-smart, understated, and entertaining.”— The Miami Herald
Random House Publishing Group 2012-12-04 368 pages

Astrology for Rootworkers Spell-Casting with the Zodiac in Hoodoo and Conjure

Catherine Yronwode,Alfred F. Seward
Astrology is a predictive system that helps people make effective plans in matters of business, location, love affairs, marriage, friends, enemies, health, finances, legacies, domestic life, and partnerships. In its most complex forms, it requires a knowledge of astronomical mathematics, but do not fear - astrology with no math is possible - and Catherine Yronwode will show you how it is done.In this book on ancient, rural star-lore, she will teach you how to work with and harness the power of the Sun, Moon, Planets, and Signs, and how to adapt your work to the ever-changing "astrological weather" of planetary Transits, Eclipses, and Retrogrades. You will learn practical conjure with the Sun and Moon from African-American root doctors of the 20th century, transcribed in their own words. Included also is a revised and restored text from 1920 by Prof. A. F. Seward that tells you how to schedule planting, harvesting, grafting, and surgical operations according to the phases and signs of the Moon. If you have been put off of astrology because it somehow seemed "too complicated," this book will ease you into a full comprehension of Eternal Cosmic Knowledge that you can use on a daily basis!
Lucky Mojo Curio Company 2023-06-10 96 pages

Financial innovations and market volatility

Miller, Merton H.
In this book, Nobel Laureate Merton Miller presents a sustained attack on the popular view that modern financial innovations have created excessive market volatility to the detriment of individual savers and business investors, and that regulation is essential in such forms as higher margin requirements, taxes on trading, and perhaps even closing down the future market.
Blackwell 1991-01 288 pages

Capital and Its Structure

Ludwig M. Lachmann
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Creative Media Partners, LLC 2021-09-09 152 pages

The collected papers of Franco Modigliani. Vol. 6

Modigliani, Franco
Articles and essays by the late Nobel Prize-winning economist on the life-cycle hypothesis, unemployment and monetary policy in the European Union, and other topics. This volume of papers, articles, and essays by the late Nobel Prize-winning economist Franco Modigliani contains writings published during the last decade of his life as well as three seminal earlier papers on the life-cycle hypothesis. As in the previous Collected Papers, the writings are organized by topic; within each topic, the order is chronological. Part I treats the life-cycle hypothesis. Beginning with his important essay from 1954 (written with Richard Brumberg), which laid down the foundation of the life-cycle model, and ending with the last paper Modigliani completed before his death in September 2003, this section presents his research on this topic as a coherent whole. Part II deals with unemployment and monetary policy in the European Union during the last decade of the twentieth century and includes a manifesto on EU unemployment written with six other economists. Part III contains essays on a variety of topics, among them inflation, financial risk, legal institutions, and unemployment. This section includes "The Keynesian Gospel According to Modigliani," which revisits the topic of the general theory of employment, interest, and money and its implications for mass unemployment sixty years after his first ground-breaking paper on the topic. Many of the articles in volume 6 are the product of collaboration; coauthors include Richard Brumberg, Albert Ando, Shi Larry Cao, Jean Paul Fitoussi, Tullio Jappelli, Beniamino Moro, Denis Snower, Robert Solow, Alfred Steinherr, Paolo Sylos Labinia, and Modigliani's granddaughter Leah Modigliani. The volume concludes with an interview of Modigliani by William A. Barnett and Robert Solow from 2000.
MIT Press 2005-09-02 401 pages

Youthquake

Levant, Ezra
From the Foreword: For the past two decades Canadian politicans of all stripes have told us that it's time to stop "mortgaging our future." They've talked about the unfairness of saddling future generations with a massive public debt, and they've talked about the need to correct the deep flaws inherent in our welfare state entitlements.... While many of Levant's peers have a general sense of the fiscal disaster which they are set to inherit, few have a deep understanding of the fiscal and political causes and consequences of it. "Youthquake" probes those questions with humour and passion, making it a compelling introduction to issues that are too often the preserve of policy specialists. Simply put, those who want to know the bottom line won't have to pour through actuarial tables or academic jargon to learn that a Canadian born in the 1970s will end up paying $200,000 more in taxes than he receives in services, or that the CPP premiums are set to triple over the next 20 years.
Fraser Institute 1996 166 pages

The money diet: the ultimate guide to shedding pounds off your bills and saving money on everything!

Lewis, Martin
Do you want to cut your bills without cutting back? Are you fed up with being ripped off? Do you want more money in your pocket without changing your lifestyle? What we all need is detailed, no-nonsense Money Saving advice about organising credit cards, finding the cheapest deals for utilities, getting the best mortgage deals and how to haggle with every shopkeeper - in other words, how to make sure we're not wasting money. With 100 extra Money Saving pages, in this edition of the bestselling The Money Diet , Martin Lewis shows you how to be canny with your finances, and provides clear-cut advice on how to pay bills, ways to cut spending, which banks to use and how to choose the best deals on an even greater range of products, including- - mobile phones - package holidays - pensions, credit cards and insurance - books, CDs and DVDs
Vermilion 2005 430 pages

Conspiracy of Fools A True Story

Kurt Eichenwald
In 2000, when The Informant was published, few would've imagined that a story about price fixing at Archer Daniels Midland could be as un-put-downable as the best crime fiction. Yet critics--and consumers--agreed: The New York Times reporter Kurt Eichenwald had taken the stuff of dry business reporting and turned it into an unparalleled page-turner. With Conspiracy of Fools, Eichenwald has done it again. Say the name "Enron" and most people believe they've heard all about the story that imperiled a presidency, destroyed a marketplace, and changed Washington and Wall Street forever. But in the hands of Kurt Eichenwald, the players we think we know and the business practices we think have been exposed are transformed into entirely new--and entirely gripping--material. The cast includes but is not limited to George W. Bush, Dick Cheney, Paul O'Neill, Harvey Pitt, Colin Powell, Gray Davis, Arnold Schwarzenegger, Alan Greenspan, Ken Lay, Andy Fastow, Jeff Skilling, Bill Clinton, Rupert Murdoch, and Michael Eisner. Providing a you-are-there glimpse behind closed doors in the executive suites of the Enron Corporation, the Texas governor's mansion, the Justice Department, and even the Oval Office, Conspiracy of Fools is an all-true financial and political thriller of cinematic proportions.
Random House Large Print 2005 746 pages

Norman street: poverty and politics in an urban neighborhood

Susser, Ida
Norman Street is the first serious examination of a scenario that appears likely to be played out again and again as federal budget policies result in reduced services for urban areas across the country. Based on a three-year study conducted in Brooklyn's Greenpoint/Williamsburg section, the book is an in-depth, detailed description of life in a multi-ethnic working class neighborhood during New York City's fiscal crisis of 1975-78. Now updated with a new introduction to address the changes and events of the thirty years since the book's original publication, its lessons continue to demonstrate the impact of political and economic changes on everyday lives. Relating local events to national policy, Susser deals directly with issues and problems that face industrial cities nationwide: ethnic and race relations are analyzed within the context of community organization and local politics; the impact of landlord/tenant relations, housing discrimination, and red-lining are examined; and the effects on the urban poor of gentrification are documented. Since neighborhood issues are often of primary concern to women, much of the book concerns the role of women as community organizers and their integration of this role with domestic responsibilities.
Oxford University Press 2012-07-26 294 pages