Thursday, 31 December 2015

Paper Promises: Debt, Money, and the New World Order

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Paper Promises: Debt, Money, and the New World Order Description

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For the past 40 years Western economies have splurged on debt. Now, as the reality dawns that many debts cannot be repaid, we find ourselves again in crisis. But the oncoming defaults have a time-worn place in our economic history. As with the crises in the 1930s and 1970s, governments will fall, currencies will lose their value, and new systems will emerge.

Just as Britain set the terms of the international system in the 19th century, and America in the 20th century, a new system will be set by today's creditors in China and the Middle East. In the process, rich will be pitted against poor, young against old, public sector workers against taxpayers, and one country against another.

In Paper Promises, Economist columnist Philip Coggan helps us to understand the origins of this mess and how it will affect the new global economy, by explaining how our attitudes toward debt have changed throughout history, and how they may be about to change again.

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Herbert Hoover in the White House: The Ordeal of the Presidency

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“A deft, filled-out portrait of the thirty-first president...by far the best, most readable study of Hoover’s presidency to date.” —Publishers Weekly

Rappleye’s surprising portrait of a Depression-era president Herbert Hoover reveals a very different figure than the usual Hoover, engaged and active but loathe to experiment and conscious of his inability to convey hope to the country.

Herbert Clark Hoover was the thirty-first President of the United States. He served one term, from 1929 to 1933. Often considered placid, passive, unsympathetic, and even paralyzed by national events, Hoover faced an uphill battle in the face of the Great Depression. Many historians dismiss him as merely ineffective. But in Herbert Hoover in the White House, Charles Rappleye draws on rare and intimate sources—memoirs and diaries and thousands of documents kept by members of his cabinet and close advisors—to reveal a very different figure than the one often portrayed. The real Hoover, argues Rappleye, just lacked the tools of leadership.

The Hoover presented here will come as a surprise to both his longtime defenders and his many critics. In public Hoover was shy and retiring, but in private he is revealed as a man of passion and sometimes of fury, a man who intrigued against his enemies while fulminating over plots against him. Rappleye describes him as more sophisticated and more active in economic policy than is often acknowledged. We see Hoover watching a sunny (and he thought ignorant) FDR on the horizon. FDR did not “cure” the depression, but he experimented with steps that relieved it. Most importantly he broke the mood of doom almost immediately. The Hoover we see here—bright, well meaning, energetic—lacked the single critical element to succeed as president. He had a first-class mind and a second-class temperament.

Herbert Hoover in the White House is an object lesson in the most, perhaps only, talent needed to be a successful president—the temperament of leadership..

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Monday, 28 December 2015

Left Behind: Latin America and the False Promise of Populism

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The political and economic history of Latin America has been marked by great hopes and even greater disappointments. Despite abundant resources—and a history of productivity and wealth—in recent decades the region has fallen further and further behind developed nations, surpassed even by other developing economies in Southeast Asia and elsewhere.



In Left Behind, Sebastian Edwards explains why the nations of Latin America have failed to share in the fruits of globalization and forcefully highlights the dangers of the recent turn to economic populism in the region. He begins by detailing the many ways Latin American governments have stifled economic development over the years through excessive regulation, currency manipulation, and thoroughgoing corruption. He then turns to the neoliberal reforms of the early 1990s, which called for the elimination of deficits, lowering of trade barriers, and privatization of inefficient public enterprises—and which, Edwards argues, held the promise of freeing Latin America from the burdens of the past. Flawed implementation, however, meant the promised gains of globalization were never felt by the mass of citizens, and growing frustration with stalled progress has led to a resurgence of populism throughout the region, exemplified by the economic policies of Venezuela’sHugo Chávez. But such measures, Edwards warns, are a recipe for disaster; instead, he argues, the way forward for Latin America lies in further market reforms, more honestly pursued and fairly implemented. As an example of the promise of that approach, Edwards points to Latin America's giant, Brazil, which under the successful administration of President Luis Inácio da Silva (Lula) has finally begun to show signs of reaching its true economic potential.



As the global financial crisis has reminded us, the risks posed by failing economies extend far beyond their national borders. Putting Latin America back on a path toward sustained growth is crucial not just for the region but for the world, and Left Behind offers a clear, concise blueprint for the way forward.

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Saturday, 26 December 2015

The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order (Council on Foreign Relations Books (Princeton University Press))

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When turmoil strikes world monetary and financial markets, leaders invariably call for 'a new Bretton Woods' to prevent catastrophic economic disorder and defuse political conflict. The name of the remote New Hampshire town where representatives of forty-four nations gathered in July 1944, in the midst of the century's second great war, has become shorthand for enlightened globalization. The actual story surrounding the historic Bretton Woods accords, however, is full of startling drama, intrigue, and rivalry, which are vividly brought to life in Benn Steil's epic account.


Upending the conventional wisdom that Bretton Woods was the product of an amiable Anglo-American collaboration, Steil shows that it was in reality part of a much more ambitious geopolitical agenda hatched within President Franklin D. Roosevelt's Treasury and aimed at eliminating Britain as an economic and political rival. At the heart of the drama were the antipodal characters of John Maynard Keynes, the renowned and revolutionary British economist, and Harry Dexter White, the dogged, self-made American technocrat. Bringing to bear new and striking archival evidence, Steil offers the most compelling portrait yet of the complex and controversial figure of White--the architect of the dollar's privileged place in the Bretton Woods monetary system, who also, very privately, admired Soviet economic planning and engaged in clandestine communications with Soviet intelligence officials and agents over many years.


A remarkably deft work of storytelling that reveals how the blueprint for the postwar economic order was actually drawn, The Battle of Bretton Woods is destined to become a classic of economic and political history.

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Wednesday, 23 December 2015

For the Love of Murphy's: The Behind-the-Counter Story of a Great American Retailer (Keystone Books®)

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For the Love of Murphy's: The Behind-the-Counter Story of a Great American Retailer (Keystone Books®) Description

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Five-and-ten stores were immensely popular during the middle of the twentieth century, selling cheap, dependable goods to people from all walks of life. Now the product of a bygone era, these stores were revolutionary in their time, but few today appreciate how important they were in creating our present-day consumer culture. In this sensitive yet honest look at one of the best-known chains of five-and-tens, Jason Togyer traces the history of the G. C. Murphy Company, headquartered in McKeesport, Pennsylvania.

Though not the largest chain, nor the first, Murphy’s is remembered today as a commercial trailblazer—a corporation run with honesty and integrity, and, at its peak, a retailer whose more than five hundred stores managed to outsell those of the giant F. W. Woolworth Company by a factor of three to one. Making extensive use of both the company archives and anecdotes from former employees and customers, McKeesport native Togyer re-creates with outstanding detail the world in which the G. C. Murphy Company emerged; its survival and growth during the Great Depression; its response to a strained economy during World War II; its fight against rapidly expanding competitors, such as Kmart; its struggle and recovery in the 1970s; and its unsuccessful battle to stave off Wall Street raiders in the 1980s.

Though modern-day shoppers may not know the Murphy name, they know its legacy. From its adventurous selling tactics to its strict code of corporate ethics, the G. C. Murphy Company should be remembered not as a dusty relic, but as a pioneer in the American business world.

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One Nation Under Debt: Hamilton, Jefferson, and the History of What We Owe

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Like its current citizens, the United States was born in debt-a debt so deep that it threatened to destroy the young nation. Thomas Jefferson considered the national debt a monstrous fraud on posterity, while Alexander Hamilton believed debt would help America prosper. Both, as it turns out, were right.

One Nation Under Debt explores the untold history of America's first national debt, which arose from the immense sums needed to conduct the American Revolution. Noted economic historian Robert Wright, Ph.D. tells in riveting narrative how a subjugated but enlightened people cast off a great tyrant-“but their liberty, won with promises as well as with the blood of patriots, came at a high price.” He brings to life the key events that shaped the U.S. financial system and explains how the actions of our forefathers laid the groundwork for the debt we still carry today.

As an economically tenuous nation by Revolution's end, America's people struggled to get on their feet. Wright outlines how the formation of a new government originally reduced the nation's debt-but, as debt was critical to this government's survival, it resurfaced, to be beaten back once more. Wright then reveals how political leaders began accumulating massive new debts to ensure their popularity, setting the financial stage for decades to come.

Wright traces critical evolutionary developments-from Alexander Hamilton's creation of the nation's first modern capital market, to the use of national bonds to further financial goals, to the drafting of state constitutions that created non-predatory governments. He shows how, by the end of Andrew Jackson's administration, America's financial system was contributing to national growth while at the same time new national and state debts were amassing, sealing the fate for future generations.

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Thursday, 17 December 2015

Plan B 40 - Mobilizing to Save Civilization - Substantially Revised (REV 09) by Brown, Lester R [Paperback (2009)]

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Plan B 40 - Mobilizing to Save Civilization - Substantially Revised (REV 09) by Brown, Lester R [Paperback (2009)] La revue

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Plan B 40 - Mobilizing to Save Civilization - Substantially Revised (REV 09) by Brown, Lester R [Paperback (2009)].

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Wednesday, 16 December 2015

Why Did Europe Conquer the World? (The Princeton Economic History of the Western World)

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Why Did Europe Conquer the World? (The Princeton Economic History of the Western World) Description

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Between 1492 and 1914, Europeans conquered 84 percent of the globe. But why did Europe rise to the top, when for centuries the Chinese, Japanese, Ottomans, and South Asians were far more advanced? Why didn't these powers establish global dominance? In Why Did Europe Conquer the World?, distinguished economic historian Philip Hoffman demonstrates that conventional explanations--such as geography, epidemic disease, and the Industrial Revolution--fail to provide answers. Arguing instead for the pivotal role of economic and political history, Hoffman shows that if variables had been at all different, Europe would not have achieved critical military innovations, and another power could have become master of the world.

In vivid detail, Hoffman sheds light on the two millennia of economic, political, and historical changes that set European states on a distinctive path of development and military rivalry. Compared to their counterparts in China, Japan, South Asia, and the Middle East, European leaders--whether chiefs, lords, kings, emperors, or prime ministers--had radically different incentives, which drove them to make war. These incentives, which Hoffman explores using an economic model of political costs and financial resources, resulted in astonishingly rapid growth in Europe's military sector from the Middle Ages on, and produced an insurmountable lead in gunpowder technology. The consequences determined which states established colonial empires or ran the slave trade, and even which economies were the first to industrialize.

Debunking traditional arguments, Why Did Europe Conquer the World? reveals the startling reasons behind Europe's historic global supremacy.

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Tuesday, 15 December 2015

Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff

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Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff Description

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An expose on the delusion, greed, and arrogance that led to America's credit crisis

The collapse of America's credit markets in 2008 is quite possibly the biggest financial disaster in U.S. history. Confidence Game: How a Hedge Fund Manager Called Wall Street's Bluff is the story of Bill Ackman's six-year campaign to warn that the .5 trillion bond insurance business was a catastrophe waiting to happen. Branded a fraud by the Wall Street Journal and New York Times, and investigated by Eliot Spitzer and the Securities and Exchange Commission, Ackman later made his investors more than billion when bond insurers kicked off the collapse of the credit markets.

  • Unravels the story of the credit crisis through an engaging and human drama
  • Draws on unprecedented access to one of Wall Street's best-known investors
  • Shows how excessive leverage, dangerous financial models, and a blind reliance on triple-A credit ratings sent Wall Street careening toward disaster

Confidence Game is a real world "Emperor's New Clothes," a tale of widespread delusion, and one dissenting voice in the era leading up to the worst financial disaster since the Great Depression.

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Monday, 14 December 2015

Fifty Major Economists (Routledge Key Guides)

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Fifty Major Economists (Routledge Key Guides) Info

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An introduction to the life, work and ideas of the people who have shaped the economic landscape from the sixteenth century to the present day. Now in a third edition, it considers how major economists might have viewed challenges such as the continuing economic slump, high unemployment and the sovereign debt problems which face the world today, it includes entries on:

• Paul Krugman

• Hyman Minsky

• John Maynard Keynes

• Adam Smith

• Irving Fisher

• James Buchanan

Fifty Major Economists contains brief biographical information on each featured economist and an explanation of their major contributions to economics, along with simple illustrations of their ideas. With reference to the recent work of living economists, guides to the best of recent scholarship and a glossary of terms, Fifty Major Economists is an ideal resource for students of economics.

Steven Pressman is Professor of Economics and Finance at Monmouth University. He has published around 120 articles in refereed journals and as book chapters, and has authored, or edited 13 books, including Women in the Age of Economic Transformation, Economics and Its Discontents, Alternative Theories of the State, and Leading Contemporary Economists.

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Sunday, 13 December 2015

Corporate Water Strategies

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In the past businesses have viewed water as a minimal operational cost and not a strategic issue. However, water has now emerged as a critical issue for both corporations and the public sector in response to increased water demand, climatic risks and potentially negative impacts on brand value.

This innovative book provides up to date information on global water issues and describes how companies can not only address these challenges but also implement high value global water strategies.

It shows:

Why water is a critical business issue for companies which now face water risk to their operations and brands;
How new concepts such as embedded water and virtual water are forcing companies to think differently about how they use water to manufacture products;
That companies need to develop a corporate water strategy to manage it as a key business issue and capture the real value of water;
How companies can develop partnerships with non-governmental organizations to implement water strategies.

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Saturday, 12 December 2015

Confronting Collapse: The Crisis of Energy and Money in a Post Peak Oil World

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The book that inspired the movie Collapse.

The world is running short of energy-especially cheap, easy-to-find oil. Shortages, along with resulting price increases, threaten industrialized civilization, the global economy, and our entire way of life.

In Confronting Collapse, author Michael C. Ruppert, a former LAPD narcotics officer turned investigative journalist, details the intricate connections between money and energy, including the ways in which oil shortages and price spikes triggered the economic crash that began in September 2008. Given the 96 percent correlation between economic growth and greenhouse gas emissions and the unlikelihood of economic growth without a spike in energy use, Ruppert argues that we are not, in fact, on the verge of economic recovery, but on the verge of complete collapse.

Ruppert's truth is not merely inconvenient. It is utterly devastating.

But there is still hope. Ruppert outlines a 25-point plan of action, including the creation of a second strategic petroleum reserve for the use of state and local governments, the immediate implementation of a national Feed-in Tariff mandating that electric utilities pay 3 percent above market rates for all surplus electricity generated from renewable sources, a thorough assessment of soil conditions nationwide, and an emergency action plan for soil restoration and sustainable agriculture.

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Thursday, 10 December 2015

Pinch Analysis and Process Integration, Second Edition: A User Guide on Process Integration for the Efficient Use of Energy

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Pinch Analysis and Process Integration, Second Edition: A User Guide on Process Integration for the Efficient Use of Energy La revue

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Pinch analysis and related techniques are the key to design of inherently energy-efficient plants. This book shows engineers how to understand and optimize energy use in their processes, whether large or small. Energy savings go straight to the bottom line as increased profit, as well as reducing emissions.

This is the key guide to process integration for both experienced and newly qualified engineers, as well as academics and students. It begins with an introduction to the main concepts of pinch analysis, the calculation of energy targets for a given process, the pinch temperature and the golden rules of pinch-based design to meet energy targets.

Supported by valuable downloadable software, the book shows how to extract the stream data necessary for a pinch analysis and describes the targeting process in depth. Other essential details include the design of heat exchanger networks, hot and cold utility systems, CHP (combined heat and power), refrigeration and optimization of system operating conditions. Many tips and techniques for practical application are covered, supported by several detailed case studies and other examples covering a wide range of industries, including buildings and other non-process situations.

* The only dedicated pinch analysis and process integration guide, fully revised and expanded supported by free downloadable energy targeting software
* The perfect guide and reference for chemical process, food and biochemical engineers, plant engineers and professionals concerned with energy optimisation, including building designers
* Covers the practical analysis of both new and existing systems, with ful details of industrial applications and case studies.

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Wednesday, 9 December 2015

The Better World Handbook: Small Changes That Make A Big Difference

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The Better World Handbook: Small Changes That Make A Big Difference Info

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Specifically designed to reach people who normally would not consider themselves activists, The Better World Handbook is directed toward those who care about creating a more just, sustainable, and socially responsible world but don’t know where to begin. Substantially updated, this revised bestseller now contains more recent information on global problems, more effective actions, and many new resources.
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Tuesday, 8 December 2015

The Populist Vision

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The Populist Vision La revue

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In the late nineteenth century, monumental technological innovations like the telegraph and steam power made America and the world a much smaller place. New technologies also made possible large-scale organization and centralization. Corporations grew exponentially and the rich amassed great fortunes. Those on the short end of these wrenching changes responded in the Populist revolt, one of the most effective challenges to corporate power in American history.

But what did Populism represent? Half a century ago, scholars such as Richard Hofstadter portrayed the Populist movement as an irrational response of backward-looking farmers to the challenges of modernity. Since then, the romantic notion of Populism as the resistance movement of tradition-based and pre-modern communities to a modern and commercial society has prevailed. In a broad, innovative reassessment, based on a deep reading of archival sources, The Populist Vision argues that the Populists understood themselves as--and were in fact--modern people, who pursued an alternate vision for modern America.

Taking into account both the leaders and the led, The Populist Vision uses a wide lens, focusing on the farmers, both black and white, men and women, while also looking at wager workers and bohemian urbanites. From Texas to the Dakotas, from Georgia to California, farmer Populists strove to use the new innovations for their own ends. They sought scientific and technical knowledge, formed highly centralized organizations, launched large-scale cooperative businesses, and pressed for reforms on the model of the nation's most elaborate bureaucracy - the Postal Service. Hundreds of thousands of Populist farm women sought education, employment in schools and offices, and a more modern life. Miners, railroad workers, and other labor Populists joined with farmers to give impetus to the regulatory state. Activists from Chicago, San Francisco, and other new cities provided Populism with a dynamic urban dimension

This major reassessment of the Populist experience is essential reading for anyone interested in the politics, society, and culture of modern America.
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Sunday, 6 December 2015

Changing Business from the Inside Out: A Tree-Hugger's Guide to Working in Corporations

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Changing Business from the Inside Out: A Tree-Hugger's Guide to Working in Corporations Info

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The BP oil spill, the 2008 global financial collapse, and revelations of scandalous working conditions at Chinese electronics supplier Foxconn show why so many are suspicious of promises of corporate responsibility. But slowly and fitfully, corporations are changing. It’s not just because of the high cost of making amends and a fear of negative publicity. Consumers are demanding better corporate behavior, and an increasing number of executives are eager to make their organizations more of a force for good. But corporations can’t act in responsible ways if no “treehuggers” are working inside the system to lead the effort.

For more than two decades, Timothy J. Mohin has worked to improve working conditions, clean up factories, and battle climate change—all while being employed by some of the biggest companies in the world. In Changing Business from the Inside Out he’s written the first practical, authoritative insider’s guide to creating a career in corporate responsibility. Mohin describes how to get started and what the day-to-day experience of being “the designated driver at the corporate cocktail party” is really like. He recounts colorful case studies from his own career, provides advice on how CSR workers can have greater impact, and even looks into how employees in other corporate functions can make a difference. He details the programs and processes needed to support a comprehensive CSR effort, but perhaps most importantly, he identifies the personal and professional skills needed to navigate corporate politics and get buy-in from sometimes skeptical colleagues.

With more than 80 percent of the Fortune 500 now publishing “sustainability reports,” a new career path has been forged in corporate responsibility. From strategy to data mining to supply chains and communication, this book is the “operator’s manual” for this new career path.
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Stuff and Money in the Time of the French Revolution

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Stuff and Money in the Time of the French Revolution Description

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Rebecca L. Spang, who revolutionized our understanding of the restaurant, has written a new history of money. It uses one of the most infamous examples of monetary innovation, the assignats―a currency initially defined by French revolutionaries as “circulating land”―to demonstrate that money is as much a social and political mediator as it is an economic instrument. Following the assignats from creation to abandonment, Spang shows them to be subject to the same slippages between policies and practice, intentions and outcomes, as other human inventions.

But Spang’s book is also a new history of the French Revolution, one in which radicalization was driven by an ever-widening gap between political ideals and the realities of daily life. Money played a critical role in creating this gulf. Wed to the idea that liberty required economic deregulation as well as political freedom, revolutionary legislators extended the notion of free trade to include “freedom of money.” The consequences were disastrous. Backed neither by the weight of tradition nor by the state that issued them, the assignats could not be a functioning currency. Ever reluctant to interfere in the workings of the market, lawmakers thought changes to the material form of the assignats should suffice to enhance their credibility. Their hopes were disappointed, and the Revolution spiraled out of control.

Stuff and Money in the Time of the French Revolution restores economics, in the broadest sense, to its rightful place at the heart of the Revolution and hence to that of modern politics.

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Friday, 4 December 2015

A World of Chance: Betting on Religion, Games, Wall Street

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A World of Chance: Betting on Religion, Games, Wall Street Description

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Although financial markets often try to distance themselves from gambling, the two factors have far more in common than usually thought. When, historically there were no financial institutions such as banks, lotteries constituted the ways by which expensive items were disposed of, and governments raised money quickly. Gambling tables fulfilled roles that venture capital and banking do today. "Gamblers" created clearinghouses and sustained liquidity. When those gamblers bet on price distributions in futures markets, they were redefined as "speculators." Today they are called "hedge fund managers" or "bankers." Though the names have changed, the actions undertaken have essentially stayed the same. This book shows how discussion on "chance," "risk," "gambling," "insurance," and "speculation" illuminates where societies stood, where we are today, and where we may be heading..

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Tuesday, 1 December 2015

The Blue Economy: 10 Years, 100 Innovations, 100 Million Jobs

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The Blue Economy: 10 Years, 100 Innovations, 100 Million Jobs Description

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Dr. Gunter Pauli is challenging the green movement he has been so much a part of to do better, to do more. He is the entrepreneur who launched Ecover; those products are probably in many of your homes. He built the largest ecologically-sound factory in the world. His participation in the Club of Rome and the founding of Zero Emissions Research Institute (ZERI) has made an immense contribution to sustainability both in terms of research, public awareness and articulating a visionary direction. He has dedicated himself to teaching and the hands-on implementation of projects that have brought healthy environments, good nutrition, health care and jobs in sustainable commerce to a myriad of places in the world..

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The End of Normal: The Great Crisis and the Future of Growth

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The End of Normal: The Great Crisis and the Future of Growth Description

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From one of the most respected economic thinkers and writers of our time, a brilliant argument about the history and future of economic growth.

The years since the Great Crisis of 2008 have seen slow growth, high unemployment, falling home values, chronic deficits, a deepening disaster in Europe—and a stale argument between two false solutions, “austerity” on one side and “stimulus” on the other. Both sides and practically all analyses of the crisis so far take for granted that the economic growth from the early 1950s until 2000—interrupted only by the troubled 1970s—represented a normal performance. From this perspective, the crisis was an interruption, caused by bad policy or bad people, and full recovery is to be expected if the cause is corrected.

The End of Normal challenges this view. Placing the crisis in perspective, Galbraith argues that the 1970s already ended the age of easy growth. The 1980s and 1990s saw only uneven growth, with rising inequality within and between countries. And the 2000s saw the end even of that—despite frantic efforts to keep growth going with tax cuts, war spending, and financial deregulation. When the crisis finally came, stimulus and automatic stabilization were able to place a floor under economic collapse. But they are not able to bring about a return to high growth and full employment. In The End of Normal, “Galbraith puts his pessimism into an engaging, plausible frame. His contentions deserve the attention of all economists and serious financial minds across the political spectrum” (Publishers Weekly, starred review)..

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Saturday, 28 November 2015

Environmental Principles and Policies: An Interdisciplinary Introduction

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Environmental Principles and Policies uses environmental and social principles to analyse the latest wave of economic-based and market-orientated environmental policies currently being adopted around the world. This book provides an in-depth examination of six key principles that have been incorporated into international treaties and the national laws of many countries:

* ecological sustainability
* the polluter pays principle
* the precautionary principle
* equity
* human rights
* public participation

These principles are then used to evaluate a range of policies including pollution charges, emissions, trading, water markets, biodiversity banks and tradable fishing rights.

Environmental Principles and Policies is easily accessible, using non-technical language throughout, and - in what sets it apart from other books on environmental policy-making - it takes a critical and interdisciplinary approach. It does not set out policies in a descriptive or prescriptive way, but analyses and evaluates policy options from a variety of perspectives. This enables readers to gain a thorough grasp of important principles and current policies, as well as demonstrating how principles can be used to critically assess environmental policies..

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Friday, 27 November 2015

A Brief History of Economics: Artful Approaches to the Dismal Science

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A Brief History of Economics: Artful Approaches to the Dismal Science La revue

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Blending past and present, this brief history of economics is the perfect book for introducing students to the field. A Brief History of Economics illustrates how the ideas of the great economists not only influenced societies but were themselves shaped by their cultural milieu. Understanding the economists' visions - lucidly and vividly unveiled by Canterbery - allows readers to place economics within a broader community of ideas. Magically, the author links Adam Smith to Isaac Newton's idea of an orderly universe, F Scott Fitzgerald's The Great Gatsby to Thorstein Veblen, John Steinbeck's Grapes of Wrath to the Great Depression, and Tom Wolfe's The Bonfire of the Vanities to Reaganomics. The second edition is right up-to-date with a lively discussion of the economic crises of 2007-2010.Often humorous, Canterbery's easy style will make the student's first foray into economics lively and relevant. Readers will dismiss ''dismal'' from the science..

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Thursday, 26 November 2015

Nature's Matrix: Linking Agriculture, Conservation and Food Sovereignty

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Landscapes are frequently seen as fragments of natural habitat surrounded by a 'sea' of agriculture. But recent ecological theory shows that the nature of these fragments is not nearly as important for conservation as is the nature of the matrix of agriculture that surrounds them. Local extinctions from conservation fragments are inevitable and must be balanced by migrations if massive extinction is to be avoided. High migration rates only occur in what the authors refer to as 'high quality' matrices, which are created by alternative agroecological techniques, as opposed to the industrial monocultural model of agriculture. The authors argue that the only way to promote such high quality matrices is to work with rural social movements. Their ideas are at odds with the major trends of some of the large conservation organizations that emphasize targeted land purchases of protected areas. They argue that recent advances in ecological research make such a general approach anachronistic and call, rather, for solidarity with the small farmers around the world who are currently struggling to attain food sovereignty.

Nature's Matrix proposes a radically new approach to the conservation of biodiversity based on recent advances in the science of ecology plus political realities, particularly in the world's tropical regions..

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Not for Greens: He Who Sups with the Devil Should Have a Long Spoon

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Not for Greens: He Who Sups with the Devil Should Have a Long Spoon La revue

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The processes required to make a humble stainless steel teaspoon are remarkably complicated and every stage involves risk, coal, energy, capital, international trade and finance. Stainless steel cutlery has taken thousands of years of experimentation and knowledge to evolve and the end result is that we can eat without killing ourselves with bacteria. We are in the best times to have ever lived on planet Earth and the future will only be better. All this we take for granted. Greens may have started as genuine environmentalists. Much of the green movement has now morphed into an unelected extremist political pressure group accountable to no one. Greens create problems, many of which are concocted, and provide no solutions because of a lack of basic knowledge. This book examines green policies in the light of established knowledge and shows that they are unrealistic. Policies by greens adopted by supine governments have resulted in rising costs, increased taxes, political instability, energy poverty, decreased longevity and environmental degradation and they don't achieve their ideological aims. Wind, solar and biomass energy emit more carbon dioxide than they save and reduction of carbon dioxide emissions does nothing to change climate and only empties the pocket. No stainless steel teaspoon could be made using green "alternative energy". This book argues that unless the greens live sustainably in caves in the forest and use no trappings of the modern world, then they should be regarded as hypocrites and treated with the disdain they deserve..

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Wednesday, 25 November 2015

Unreal City: Las Vegas, Black Mesa, and the Fate of the West

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Unreal City: Las Vegas, Black Mesa, and the Fate of the West La revue

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An epic struggle over land, water, and power is erupting in the American West and the halls of Washington, DC. It began when a 4,000-square-mile area of Arizona desert called Black Mesa was divided between the Hopi and Navajo tribes. To the outside world, it was a land struggle between two fractious Indian tribes; to political insiders and energy corporations, it was a divide-and-conquer play for the 21 billion tons of coal beneath Black Mesa. Today, that coal powers cheap electricity for Los Angeles, a new water aqueduct into Phoenix, and the neon dazzle of Las Vegas.

Journalist and historian Judith Nies has been tracking this story for nearly four decades. She follows the money and tells us the true story of wealth and water, mendacity, and corruption at the highest levels of business and government. Amid the backdrop of the breathtaking desert landscape, Unreal City shows five cultures colliding—Hopi, Navajo, global energy corporations, Mormons, and US government agencies—resulting in a battle over resources and the future of the West.

Las Vegas may attract 39 million visitors a year, but the tourists mesmerized by the dancing water fountains at the Bellagio don’t ask where the water comes from. They don’t see a city with the nation’s highest rates of foreclosure, unemployment, and suicide. They don’t see the astonishing drop in the water level of Lake Mead—where Sin City gets 90 percent of its water supply.

Nies shows how the struggle over Black Mesa lands is an example of a global phenomenon in which giant transnational corporations have the power to separate indigenous people from their energy-rich lands with the help of host governments. Unreal City explores how and why resources have been taken from native lands, what it means in an era of climate change, and why, in this city divorced from nature, the only thing more powerful than money is water.
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