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Supply Shock

2013-04-26 Business & Economics
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Release : 2013-04-26
Genre : Business & Economics
Kind : eBook
Book Rating : 261/5 ( reviews)

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Book Synopsis Supply Shock by : Brian Czech

Download or read book Supply Shock written by Brian Czech. This book was released on 2013-04-26. Available in PDF, EPUB and Kindle. Book excerpt: Politicians, economists, and Wall Street would have us believe that limitless economic expansion is the Holy Grail, and that there is no conflict between growing the economy and protecting the environment. Supply Shock debunks these widely accepted myths and demonstrates that we are in fact navigating the end of the era of economic growth, and that the only sustainable alternative is the development of a steady state economy. Starting with a refreshingly accessible, comprehensive critique of economic growth, the author engages readers in an enormous topic that affects everyone in every country. Publisher's Weekly favorably compared Czech to Carl Sagan for popularizing their difficult subjects; Supply Shock shows why. Czech presents a compelling alternative to growth based on keen scientific, economic, and political insights including: The "trophic theory of money" The overlooked source of technological progress that prevents us from reconciling growth and environmental protection Bold yet practical policies for establishing a steady state economy. Supply Shock leaves no doubt that the biggest idea of the 20th century – economic growth – has become the biggest problem of the 21st. Required reading for anyone concerned about the world our children and grandchildren will inherit, this landmark work lays a solid foundation for a new economic model, perhaps in time for preventing global catastrophes; certainly in time for lessening the damages.

Economic Policy and the Great Stagflation

2013-09-11 Business & Economics
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Release : 2013-09-11
Genre : Business & Economics
Kind : eBook
Book Rating : 564/5 ( reviews)

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Book Synopsis Economic Policy and the Great Stagflation by : Alan S. Blinder

Download or read book Economic Policy and the Great Stagflation written by Alan S. Blinder. This book was released on 2013-09-11. Available in PDF, EPUB and Kindle. Book excerpt: Economic Policy and the Great Stagflation discusses the national economic policy and economics as a policy-oriented science. This book summarizes what economists do and do not know about the inflation and recession that affected the U.S. economy during the years of the Great Stagflation in the mid-1970s. The topics discussed include the basic concepts of stagflation, turbulent economic history of 1971-1976, anatomy of the great recession and inflation, and legacy of the Great Stagflation. The relation of wage-price controls, fiscal policy, and monetary policy to the Great Stagflation is also elaborated. This publication is beneficial to economists and students researching on the history of the Great Stagflation and policy errors of the 1970s.

The Great Inflation

2013-06-28 Business & Economics
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Release : 2013-06-28
Genre : Business & Economics
Kind : eBook
Book Rating : 959/5 ( reviews)

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Book Synopsis The Great Inflation by : Michael D. Bordo

Download or read book The Great Inflation written by Michael D. Bordo. This book was released on 2013-06-28. Available in PDF, EPUB and Kindle. Book excerpt: Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.

Supply Shock

2013-05-28 Business & Economics
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Release : 2013-05-28
Genre : Business & Economics
Kind : eBook
Book Rating : 443/5 ( reviews)

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Book Synopsis Supply Shock by : Brian Czech

Download or read book Supply Shock written by Brian Czech. This book was released on 2013-05-28. Available in PDF, EPUB and Kindle. Book excerpt: THE STEADY STATE REVOLUTION -- NAVIGATING THE END OF ECONOMIC GROWTH Supply Shock "clearly describes the heart of what ails us--a zombie-like addiction to economic growth everywhere at all costs. Brian Czech brilliantly dissects the economic theories, models, and mindsets that are diminishing the human prospect while calling it "progress." ... King Midas would have understood the point, as we will someday." -- David W. Orr, Paul Sears Distinguished Professor of Environmental Studies and Politics, and Senior Adviser to the President, Oberlin College .".. it's evident that Czech has mastered the art of melding science, economics, policy and politics in one readable piece. Supply Shock belongs in the classroom, boardroom, town halls and policy circles." -- Herman Daly, from the foreword Politicians, economists, and Wall Street would have us believe that limitless expansion is the Holy Grail, and that there is no conflict between growing the economy and protecting the environment. "Supply Shock" debunks this widely accepted myth, leaving no doubt that the biggest idea of the 20th century - economic growth - has now become the biggest problem of the 21st. Starting with a refreshingly accessible, comprehensive critique of "the dismal science," author Brian Czech develops a compelling argument for a steady state economy. Whereas many works of economic thought can be dry and boring, Supply Shock succeeds at engaging readers while conveying keen scientific, economic and political insights including: The "trophic theory of money" The overlooked source of technological progress that prevents us from reconciling growth and environmental protection Bold yet practical policy objectives designed to ease the transition to life after growth. "Required reading for anyone concerned about the world our children and grandchildren will inherit, this landmark work lays a solid foundation for a new economic model, perhaps in time for preventing global catastrophes; certainly in time to mitigate the damage. Czech's vision of "steady statesmanship" is impressive and convincing, and this book easily qualifies as one of the key manuals for those who care about the world and its inhabitants." -- Lynn Gree nwalt, former director, U.S. Fish and Wildlife Service "An old economic world is dying, and a new economic world is being born. Brian Czech is one of the visionaries..." -- Governor Rich ard D. Lamm Brian Czech is the founder of Center for the Advancement of the Steady State Economy (CASSE), the leading organization promoting the transition from unsustainable growth to a new economic paradigm.

Assessing the Fragility of Global Trade

2017-03-03 Business & Economics
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Release : 2017-03-03
Genre : Business & Economics
Kind : eBook
Book Rating : 113/5 ( reviews)

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Book Synopsis Assessing the Fragility of Global Trade by : Ms.Yevgeniya Korniyenko

Download or read book Assessing the Fragility of Global Trade written by Ms.Yevgeniya Korniyenko. This book was released on 2017-03-03. Available in PDF, EPUB and Kindle. Book excerpt: Anecdotal evidence suggests the existence of specific choke points in the global trade network revealed especially after natural disasters (e.g. hard drive components and Thailand flooding, Japanese auto components post-Fukushima, etc.). Using a highly disaggregated international trade database we assess the spillover effects of supply shocks from the import of specific goods. Our goal is to identify inherent vulnerabilities arising from the composition of a country’s import basket and to propose effective mitigation policies. First, using network analysis tools we develop a methodology for evaluating and ranking the supply fragility of individual traded goods. Next, we create a country-level measure to determine each country’s supply shock vulnerability based on the composition of their individual import baskets. This measure evaluates the potential negative supply shock spillovers from the import of each good.

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