AT&T's divestiture was the largest corporate reorganization in history and has had international repercussions. It was a major development in American economic policy, and a prominent part of the deregulation movement of the late 1970s. This study reveals the internal decision-making process at AT&T and explains how private and public interests combined to shape corporate and public policy in late 20th-century America. Temin weaves the strands of politics, economics, business, and law into an accessible narrative history that will be of interest to the general reader who wants to know about government business interaction and how it affects American citizens. Temin portrays divestiture as a great experiment in public policy, competition, openness, and international policy. He concludes that the experiment has been a mix of deliberate design and uncontrollable forces whose outcome was not foreseen.

Explores the structural and political relations of the Atlantic trade in the 18th century

We can't sit under Mises at his famous Vienna private seminar. We can't go back in time and attend his New York seminar, or follow him to his speaking engagements that he held in the 50s and 60s.But thanks to this second volume in a thrilling series (here is volume one), we do have access to what he said. He is warm, funny, passionate, and learned. This book provides a candid look at the man and his teaching style. It demonstrates his dazzling command over the material, and teaches in a breezier way than his treatises.This volume contains nine lectures delivered over one week, from June 23, to July 3, 1952, at the San Francisco Public Library. Mises was at his prime as a teacher and lecturer. He shares a lifetime of learning on topics that were (and remain) central to American public life.As the title indicates, his main focus is on Marxism. He discusses Marx and his place in the history of ideas, the destruction wrought by his dangerous ideology, the manner in which his followers have covered up his errors, and how the Marxists themselves have worked for so long to save Marxism from itself. He discusses Marxist claims about history and refutes the smear of the industrial revolution.The approach is systematic but casual. So the reader encounters wonderful insights in the form of short asides. For example: "The worst thing that can happen to a socialist is to have his country ruled by socialists who are not his friends."As a lecturer, he is steady and relentless. The reader can nearly "hear" him speaking through the prose. And there are times when Mises reveals a level of rhetorical passion that you would never encounter in print. That's because what is printed here are not pre-prepared lectures in the sense that they were written out. They were transcribed by Bettina Bien Greaves from what he actually said.Thus can we hear this passage:It is not true, as Marx said, that the improvements in technology are available only to the exploiters and that the masses are living in a state much worse than on the eve of the Industrial Revolution. Everything the Marxists say about exploitation is absolutely wrong! Lies! In fact, capitalism made it possible for many persons to survive who wouldn't have otherwise.Some readers of Mises's larger works have said that while his rigor is dazzling, the man himself can seem remote. Whether or not you agree with this observation, Mises comes across in these lectures as brilliant but very warm and charming in an old world sense.This approach is particularly fruitful in the last four of the lectures, which cover topics such as savings, interest, inflation, profit and loss, and the place of foreign investment. The lecture on interest rates, for example, must surely rank as one of the best explanations of this complicated topic. He recounts the history of the attempt to suppress interest rates, from the ancient world to the modern period. He explains why this cannot work because interest is merely the objective sign of a phenomenon that is integral to human action. As he moves on to money, Mises reveals himself to be tougher on the issue of fiduciary media than he was when he wrote his 1912 book The Theory of Money and Credit.In response to a question Mises says: "In the future no additional banknotes should be issued, no additional credit should be entered on a bank subject to check, unless there is 100 percent coverage in money."Also not to be missed is Mises's wry defense of "money cranks": at least they were only more consistent than the advocates of Keynesian and monetarism.Mises was clearly pressed for time, so he had to be at once thorough and move quickly through the material. It's still not "light reading" by the normal standards, but for people who want to see a great mind at work, this has a wonderful element of spontaneity about it that attracts and teaches at the same time.

Magdoff’s analysis is the foundation upon which the work of an entire tradition of Monthly Review authors rests.

With a new introduction by the author, this is an enduring analysis of British politics, stressing the lessons to be learnt from history. By the winner of the 1993 Wolfson History Prize awarded as 'tribute to a lifetime's contribution to the study of history.'

'An inspiring story of a life well lived.' MICHAEL R. BLOOMBERG, Founder of Bloomberg LP and Bloomberg Philanthropies The Stoic ideal of a well lived life has been around since 300BC, but what can we learn from it 2,300 years later? In The Stoic Capitalist, Robert Rosenkranz shows how its teachings can lead to a life of accomplishment, fulfillment, and impact. Stoic principles are applied not just to help you cope but to achieve your most ambitious goals. He offers an astute combination of philosophical, psychological, and business observations, along with practical advice spanning topics as diverse as finance, investments, negotiation, hiring, time management, art collecting, philanthropy, and longevity. He explains how ancient philosophy and its psychological insights can be used to create extraordinary outcomes in your personal and professional life. Each of the short chapters offers ideas you can use to thrive. Along the way, you meet a lively global cast of RAND nuclear strategists, pioneering artists, scientist-entrepreneurs racing to extend the human lifespan, and iconic figures in the Wall Street boom years. The book offers an insider's perspective on the creation of such major developments as private equity, hedge funds, and junk bonds. Rosenkranz writes as he speaks, with the engaging voice of a Renaissance man who is insatiably curious, eager to learn, open to all viewpoints, but embracing none without critical thought. Reading this book may help you realize your childhood dreams.

For more than a decade the leaders of the United States, Japan, Western Europe and Canada have met annually to discuss international economic and political issues. Hanging Together analyses the history of these seven-power summits and the relations between the Western allies during these turbulent years. New chapters in this edition relate the story of Western economic diplomacy until the Reagan Years. They give lucid accounts of the revamped international economic strategy after 1984 and how the Europeans and Japanese reacted to it. A new introduction and conclusion place the summits in a theoretical framework.

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. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

“Pre-eminent among historians of labor history.†—Arthur Schlesinger, Jr. The textbook history of the 1920s is a story of Prohibition, flappers, and unbounded prosperity. For millions of industrial workers, however, the “roaring twenties†looked very different. Working-class communities were already in crisis in the years before the stock market crash of 1929. Strikes in the 1920s and attempts to organize the unemployed and fight evictions in the early 1930s often fell victim to police violence and repression. Here, Irving Bernstein recaptures the social history of the decade leading up to Franklin Delano Rooseveltâ€s inauguration, uncovers its widespread inequality, and sheds light on the long-forgotten struggles that form the prelude to the great labor victories of the 1930s. "In other words, viewed from afar, most of the people who were suffering the hardships of the Depression were depressed and even ashamed, ready to blame themselves for their plight. But the train of developments that connects changes in social conditions to a changed consciousness is not simple. People, including ordinary people, harbor somewhere in their memories the building blocks of different and contradictory interpretations of what it is that is happening to them, of who should be blamed, and what can be done about it. Even the hangdog and ashamed unemployed worker who swings his lunch box and strides down the street so the neighbors will think he is going to a job can also have other ideas that only have to be evoked, and when they are make it possible for him on another day to rally with others and rise up in anger at his condition. —From the new introduction by Frances Fox Piven

Good plus/Good minus. First Edition Hardcover. No marks or inscriptions. Very clean very tight pages with unmarked black cloth boards, tanned and dusty page edges, slight fraying to top of spine and bumping to upper corners. Well-sunned dust jacket not price clipped or torn or creased with some rubbing and with nicks to spine ends. 356pp. Scarce First Edition of the anaysis of where Britain's Labour Party was politically around 1960 and how its leaders had dealt with the problems they had faced. It also covers Left wing minority groups.

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. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

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. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

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. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

It was the summer of '81 and the brokers at the shabby offices of Bache & Co. couldn't have been happier: After years of their business being tainted by one scandal after another, the beleaguered firm was being purchased by one of America's most respected institutions, Prudential Insurance. Soon rechristened as Prudential-Bache Securities, the brokerage firm would continued the trust needed to attract thousands of new investors eager to put their savings into rock-solid investments. Yet as billions of dollars began pouring in from around the country, Pru-Bache executives and their outside sponsors of investment deals were secretly eating into the very cash Pru-Bache was supposed to be protecting - and indeed growing - for their customers. As their brokers were touting financially shaky limited partnership deals as safe and solid investments, everyone from elderly retirees to sophisticated investors was being duped, with hundreds of thousands of them losing their homes, their retirement funds, or massive chunks of their savings. Meanwhile, executives at Pru-Bache and their colleagues were enjoying lavish party vacations, exorbitant personal gifts, and business trips aboard ships like the QE2 - all paid for by the investor capital with which they were entrusted. By the time regulators could pin anything on Pru-Bache, what began as the comeback story of the '80s had become the most destructive scandal Wall Street had ever known. In Serpent on the Rock, award-winning reporter Kurt Eichenwald, who investigated the scandal for the New York Times, tells the whole devastating story of the rot behind the dignified facade of Wall Street. With intricate detail of the crimes and lies behind the "rock-solid" image, Eichenwald re-creates the colorful characters who were the primary enablers of the massive scandal the company is still reeling from today.

In this unconventionial and sharply written text, Hollander introduces the work of Smith, Ricardo, and Mill, and, on specific Malthus and Marx. He leads the student through the nuances of the arguments, making clear how he agrees with or challenges recieved ideas about their writings. Attention is given to the precursors of the classics, to their immediate successors, and to the Sraffian system.

This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book.

A new English translation of Isaak Illich Rubin’s classic Essays on Marx’s Theory of Value. First published in the Soviet Union in 1923, Rubin’s book sparked a fierce value controversy with contemporary Soviet economists during the late 1920s. As such, the present translation is conceived as a variorum edition, including all the essential supplementary materials related to this foundational work in Marx’s value theory, published here in English for the first time. In addition to Rubin’s main work, this edition includes his four most important related publications, as well as ten debate articles written and published by his contemporary proponents and opponents.

Maps, tables, charts, epilogue, appendices, index.

Michael Polanyi's The Contempt of Freedom quite plausibly helped to steel Friedrich Hayek to write The Road to Serfdom. In a 1941 review of Polanyi's book, Hayek wrote: The four essays [of the present book] were...written during the five years between 1935 and I940 when the ideas of liberty "were left almost uncultivated" and "the progressive minds were so fascinated by the prospects of the revolution in Russia that they had little interest left for the fate of the traditional liberties." [Polanyi's] analysis...in the essay on the "Rights and Duties of Science " is perhaps the most illuminating discussion yet attempted of the psychological propensities which so frequently turn the man of science into an ardent advocate of central planning, and of the inconsistencies which this attitude involves. While Professor Polanyi has no doubt that "the major force behind this attitude is the passionate desire to put science into the consciously organised service of human welfare", he is convinced that a consistent policy of "organising" all scientific research..."would actually stop the development of science altogether". Discover here an early work of the man who coined the term "spontaneous order" and wrote Science, Faith and Society (1946), The Logic of Liberty (1951), Personal Knowledge (1958), The Study of Man (1959), and The Tacit Dimension (1959).