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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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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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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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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Monday, 23 November 2015

America's Public Lands: From Yellowstone to Smokey Bear and Beyond

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How is it that the United States—the country that cherishes the ideal of private property more than any other in the world—has chosen to set aside nearly one-third of its territory as public lands? Considering this intriguing question, Randall K. Wilson traces the often-forgotten ideas of nature that have shaped the evolution of America’s public land system. The result is a fresh and probing account of the most pressing policy and management challenges facing national parks, forests, rangelands, and wildlife refuges today.

The author explores the dramatic story of the origins of the public domain, including the century-long push toward privatization and the subsequent emergence of a national conservation ideal. Arguing that we cannot fully understand one type of public land without understanding its relation to the rest of the system, he provides in-depth accounts of the different types of public lands. Including chapters on national parks, national forests, wildlife refuges, Bureau of Land Management lands, and wilderness areas, Wilson examines key turning points and major policy debates for each land type. He considers questions of bison and elk management and recent disputes over fire policy, roadless areas, mining claims, and grazing fees. This comprehensive overview offers a chance to rethink our relationship with America’s public lands, including what it says about the way we relate to, and value, nature in the United States.
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Sunday, 22 November 2015

Energy for Future Presidents: The Science Behind the Headlines

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The near-meltdown of Fukushima, the upheavals in the Middle East, the BP oil rig explosion, and the looming reality of global warming have reminded the president and all U.S. citizens that nothing has more impact on our lives than the supply of and demand for energy. Its procurement dominates our economy and foreign policy more than any other factor. But the "energy question" is more confusing, contentious, and complicated than ever before. We need to know if nuclear power will ever really be safe. We need to know if solar and wind power will ever really be viable. And we desperately need to know if the natural gas deposits in Pennsylvania are a windfall of historic proportions or a false hope that will create more problems than solutions. Richard A. Muller provides all the answers in this must-listen guide to our energy priorities now and in the coming years..

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Friday, 20 November 2015

Human Ecology

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'The scope and clarity of this book make it accessible and informative to a wide readership. Its messages should be an essential component of the education for all students from secondary school to university... [It] provides a clear and comprehensible account of concepts that can be applied in our individual and collective lives to pursue the promising and secure future to which we all aspire' -From the Foreword by Maurice Strong, Chairman of the Earth Council and former Secretary General of the United Nations Conference on Environment and Development (Earth Summit)

The most important questions of the future will turn on the relationship between human societies and the natural ecosystems on which we all, in the end, depend. The interactions and interdependencies of the social and natural worlds are the focus of growing attention from a wide range of environmental, social and life sciences. Understanding them is critical to achieving the balance involved in sustainable development.

Human Ecology: Basic Concepts for Sustainable Development presents an extremely clear and accessible account of this complex range of issues and of the concepts and tools required to understand and tackle them. Extensively supported by graphics and detailed examples, this book makes an excellent introduction for students at all levels, and for general readers wanting to know why and how to respond to the dilemmas we face.

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The Enlightened Economy: An Economic History of Britain 1700-1850 (The New Economic History of Britain seri)

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This book focuses on the importance of ideological and institutional factors in the rapid development of the British economy during the years between the Glorious Revolution and the Crystal Palace Exhibition. Joel Mokyr shows that we cannot understand the Industrial Revolution without recognizing the importance of the intellectual sea changes of Britain’s Age of Enlightenment.

 

In a vigorous discussion, Mokyr goes beyond the standard explanations that credit  geographical factors, the role of markets, politics, and society to show that the beginnings of modern economic growth in Britain depended a great deal on what key players knew and believed, and how those beliefs affected their economic behavior. He argues that Britain led the rest of Europe into the Industrial Revolution because it was there that the optimal intersection of ideas, culture, institutions, and technology existed to make rapid economic growth achievable. His wide-ranging evidence covers sectors of the British economy often neglected, such as the service industries.

 

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Global Bioethics: An introduction

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The panorama of bioethical problems is different today. Patients travel to Thailand for fast surgery; commercial surrogate mothers in India deliver babies to parents in rich countries; organs, body parts and tissues are trafficked from East to Western Europe; physicians and nurses migrating from Africa to the U.S; thousands of children or patients with malaria, tuberculosis and AIDS are dying each day because they cannot afford effective drugs that are too expensive.


Mainstream bioethics as it has developed during the last 50 years in Western countries is evolving into a broader approach that is relevant for people across the world and is focused on new global problems. This book provides an introduction into the new field of global bioethics. Addressing these problems requires a broader vision of bioethics that not only goes beyond the current emphasis on individual autonomy, but that criticizes the social, economic and political context that is producing the problems at global level.


This book argues that global bioethics is a necessity because the social, economic and environmental effects of globalization require critical responses. Global bioethics is not a finished product that can simply be applied to solve global problems, but it is the ongoing result of interaction and exchange between local practices and global discourse. It combines recognition of differences and respect for cultural diversity with convergence towards common perspectives and shared values. The book examines the nature of global problems as well as the type of responses that are needed, in order to exemplify the substance of global bioethics. It discusses the ethical frameworks that are available for global discourse and shows how these are transformed into global governance mechanisms and practices.

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Thursday, 19 November 2015

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

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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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Wednesday, 18 November 2015

Stuff and Money in the Time of the French Revolution

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Rebecca L. Spang, who revolutionized our understanding of the restaurant, has written a new history of money. It is also a new history of the French Revolution, with economics at its heart. In her telling, radicalization was driven by an ever-widening gap between political ideals—including “freedom of money”—and the harsh realities of daily life..

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Environmental and Natural Resources Economics: Theory, Policy, and the Sustainable Society

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Extensively revised and updated, this popular text presents an accessible yet rigorous treatment of environmental and natural resources economics, including climate change and the economics of sustainability. Completely revised and updated, the fourth edition now includes new figures and tables, definitions to assist the reader, and updated policy information. New advances in the science, economics and policy approaches to climate change have been integrated into essentially all-new chapters on incentive regulation and global climate change. This innovative textbook integrates economics with science and public policy in a balanced and accessible way that will be appreciated by students from disciplines ranging from economics and natural resources management to environmental studies and energy policy.

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

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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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Monday, 16 November 2015

Money Mischief: Episodes in Monetary History

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[Read by Wanda McCaddon]

Nobel Prize-winning author Milton Friedman demonstrates through historical events the mischief that can result from misunderstanding the monetary system; how, for example, the work of two obscure Scottish chemists destroyed the presidential prospects of William Jennings Bryan, and how Franklin D. Roosevelt's decision to appease a few senators from the American West helped communism triumph in China.

He discusses the creation of value, from stones to feathers to gold. He outlines the central role of monetary theory and shows how it can act to ignite or deepen inflation. He explains, in layman's English, what the present monetary system in the United States -- a system without historical precedent -- means for your paycheck and savings book, as well as for the global economy..

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Economics Unmasked: From Power and Greed to Compassion and the Common Good

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Economics Unmasked: From Power and Greed to Compassion and the Common Good Description

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The economic system under which we live not only forces the great majority of humankind to live their lives in indignity and poverty but also threatens all forms of life on Earth. Economics Unmasked presents a cogent critique of the dominant economic system, showing that the theoretical constructions of mainstream economics work mainly to bring about injustice. The merciless onslaught on the global ecosystem of recent decades, brought about by the massive increase in the production of goods and the consequent depletion of nature's reserves, is not a change property of the economic system. It is a direct result of neoliberal economic thinking, which recognizes value only in material things. The growth obsession is not a mistaken conception that mainstream economists can unlearn, it is inherent in their view of life. But a socioeconomic system based on the growth obsession can never be sustained. This book outlines the foundations of new economics, where justice, human dignity, compassion, and reverence for life are the guiding values. Contrary to the assumption of mainstream economists that economics is a value-free science, new economics must make its values explicit..

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The Emergent Agriculture: Farming, Sustainability and the Return of the Local Economy

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The Emergent Agriculture: Farming, Sustainability and the Return of the Local Economy La revue

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Long embraced by corporations who are driven only by the desire for profit, industrial agriculture wastes precious resources and spews millions of tons of greenhouse gases into the atmosphere each year, exacerbating climate change and threatening the very earth and water on which we depend. However, this dominant system, from which Americans obtain most of their food, is being slowly supplanted by a new paradigm.

The Emergent Agriculture is a collection of fourteen thematic essays on sustainability viewed through the lens of farming. Arguing that industrial food production is incompatible with the realities of nature, science, and ethics, this lyrical narrative makes the case for a locally based food system which is:

  • Stable in the face of economic uncertainty
  • Resilient in the face of environmental variability
  • Grounded in stewardship of the land, on attaching value to food and the craft involved in producing it, and on respecting the dignity of farmers, consumer,s and livestock

A revolution in food production is underway. Written from the vantage point of an ecologist who is also a farmer, The Emergent Agriculture is essential reading for anyone interested in food security and the potential for growing local economies. Food for thought about the future of food.

Gary Kleppel is a professor of biology at the SUNY Albany, where he focuses on sustainable agriculture, conservation-based grazing, and the ecology of human-dominated landscapes. He and his wife Pam are owners of Longfield Farm, where they produce grass-fed lamb, wool, free range chickens and eggs, and artisanal breads.

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Sunday, 15 November 2015

Cape Cod: An Environmental History of a Fragile Ecosystem (Environmental History of the Northeast)

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Cape Cod: An Environmental History of a Fragile Ecosystem (Environmental History of the Northeast) La revue

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To many, Cape Cod represents the classic setting for an American summer vacation. Attracting seasonal tourists with picturesque beaches and abundant seafood, the Cape has held a place in our national imagination for almost two hundred years. People have been drawn to its beauty and resources since Native Americans wandered up its long sandy peninsula some 12,000 years ago, while writers such as Henry David Thoreau and Norman Mailer have celebrated its mystery and allure. But, despite its idealized image, Cape Cod has a long history of scarcity and an increasingly evident fragility.

John T. Cumbler's book offers an environmental, social, and economic history of Cape Cod told through the experiences of residents as well as visitors. He notes that over the past four hundred years the Cape has experienced three regimes of resource utilization. The first regime of Native Americans who lived relatively lightly on the land was supplanted by European settlers who focused on production and extraction. This second regime began in the age of sail but declined through the age of steam as the soil and seas failed to yield the resources necessary to sustain continuing growth. Environmental and then economic crises during the second half of the nineteenth century eventually gave way to the third regime of tourism and recreation. But this regime has its own environmental costs, as residents have learned over the last half century.

Although the Cape remains a special place, its history of resource scarcity and its attempts to deal with that scarcity offer useful lessons for anyone addressing similar issues around the globe..

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Collision Course: Endless Growth on a Finite Planet (MIT Press)

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Collision Course: Endless Growth on a Finite Planet (MIT Press) Description

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The notion of ever-expanding economic growth has been promoted so relentlessly that "growth" is now entrenched as the natural objective of collective human effort. The public has been convinced that growth is the natural solution to virtually all social problems -- poverty, debt, unemployment, and even the environmental degradation caused by the determined pursuit of growth. Meanwhile, warnings by scientists that we live on a finite planet that cannot sustain infinite economic expansion are ignored or even scorned. In Collision Course, Kerryn Higgs examines how society's commitment to growth has marginalized scientific findings on the limits of growth, casting them as bogus predictions of imminent doom.Higgs tells how in 1972, The Limits to Growth -- written by MIT researchers Donella Meadows, Dennis Meadows, Jorgen Randers, and William Behrens III -- found that unimpeded economic growth was likely to collide with the realities of a finite planet within a century. Although the book's arguments received positive responses initially, before long the dominant narrative of growth as panacea took over. Higgs explores the resistance to ideas about limits, tracing the propagandizing of "free enterprise," the elevation of growth as the central objective of policy makers, the celebration of "the magic of the market," and the ever-widening influence of corporate-funded think tanks -- a parallel academic universe dedicated to the dissemination of neoliberal principles and to the denial of health and environmental dangers from the effects of tobacco to global warming. More than forty years after The Limits to Growth, the idea that growth is essential continues to hold sway, despite the mounting evidence of its costs -- climate destabilization, pollution, intensification of gross global inequalities, and depletion of the resources on which the modern economic edifice depends.
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Saturday, 14 November 2015

Cadillac Desert

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Cadillac Desert Description

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Part One Of Two Parts

The story of the American West is the story of the relentless quest to control and allocate nature's most common, and the West's most precious, resource: water. CADILLAC DESERT recounts this dramatic saga.

The early settlers were lured by free land. But there was not enough water to sustain them, and they drifted on. Only the Mormons stayed, carefully tending a system of irrigation canals that tempered perpetual drought. Their success gave birth to federal aid programs, principally the Bureau of Reclamation. Without the bureau, without Hoover, Shasta and Grand Coulee, the West as we know it would not exist..

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Friday, 13 November 2015

Fifty Major Economists (Routledge Key Guides)

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Fifty Major Economists (Routledge Key Guides) La revue

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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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Thursday, 12 November 2015

The Rational Optimist: How Prosperity Evolves (P.S.)

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The Rational Optimist: How Prosperity Evolves (P.S.) Description

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Life is getting better—and at an accelerating rate. Food availability, income, and life span are up; disease, child mortality, and violence are down — all across the globe. Though the world is far from perfect, necessities and luxuries alike are getting cheaper; population growth is slowing; Africa is following Asia out of poverty; the Internet, the mobile phone, and container shipping are enriching people’s lives as never before. The pessimists who dominate public discourse insist that we will soon reach a turning point and things will start to get worse. But they have been saying this for two hundred years.

Yet Matt Ridley does more than describe how things are getting better. He explains why. Prosperity comes from everybody working for everybody else. The habit of exchange and specialization—which started more than 100,000 years ago—has created a collective brain that sets human living standards on a rising trend. The mutual dependence, trust, and sharing that result are causes for hope, not despair.

This bold book covers the entire sweep of human history, from the Stone Age to the Internet, from the stagnation of the Ming empire to the invention of the steam engine, from the population explosion to the likely consequences of climate change. It ends with a confident assertion that thanks to the ceaseless capacity of the human race for innovative change, and despite inevitable disasters along the way, the twenty-first century will see both human prosperity and natural biodiversity enhanced. Acute, refreshing, and revelatory, The Rational Optimist will change your way of thinking about the world for the better.

Life is getting better—and at an accelerating rate. Food availability, income, and life span are up; disease, child mortality, and violence are down — all across the globe. Though the world is far from perfect, necessities and luxuries alike are getting cheaper; population growth is slowing; Africa is following Asia out of poverty; the Internet, the mobile phone, and container shipping are enriching people’s lives as never before. The pessimists who dominate public discourse insist that we will soon reach a turning point and things will start to get worse. But they have been saying this for two hundred years.

Yet Matt Ridley does more than describe how things are getting better. He explains why. Prosperity comes from everybody working for everybody else. The habit of exchange and specialization—which started more than 100,000 years ago—has created a collective brain that sets human living standards on a rising trend. The mutual dependence, trust, and sharing that result are causes for hope, not despair.

This bold book covers the entire sweep of human history, from the Stone Age to the Internet, from the stagnation of the Ming empire to the invention of the steam engine, from the population explosion to the likely consequences of climate change. It ends with a confident assertion that thanks to the ceaseless capacity of the human race for innovative change, and despite inevitable disasters along the way, the twenty-first century will see both human prosperity and natural biodiversity enhanced. Acute, refreshing, and revelatory, The Rational Optimist will change your way of thinking about the world for the better.

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Wednesday, 11 November 2015

Sacred Gifts, Profane Pleasures: A History of Tobacco and Chocolate in the Atlantic World

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Sacred Gifts, Profane Pleasures: A History of Tobacco and Chocolate in the Atlantic World La revue

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Before Columbus's fateful voyage in 1492, no European had ever seen, much less tasted, tobacco or chocolate. Initially dismissed as dry leaves and an odd Indian drink, these two commodities came to conquer Europe on a scale unsurpassed by any other American resource or product. A fascinating story of contact, exploration, and exchange in the Atlantic world, Sacred Gifts, Profane Pleasures traces the ways in which these two goods of the Americas both changed and were changed by Europe.

Focusing on the Spanish Empire, Marcy Norton investigates how tobacco and chocolate became material and symbolic links to the pre-Hispanic past for colonized Indians and colonizing Europeans alike. Botanical ambassadors of the American continent, they also profoundly affected Europe. Tobacco, once condemned as proof of Indian diabolism, became the constant companion of clergymen and the single largest source of state revenue in Spain. Before coffee or tea became popular in Europe, chocolate was the drink that energized the fatigued and uplifted the depressed. However, no one could quite forget the pagan past of tobacco and chocolate, despite their apparent Europeanization: physicians relied on Mesoamerican medical systems for their understanding of tobacco; theologians looked to Aztec precedent to decide whether chocolate drinking violated Lenten fasts.

The struggle of scientists, theologians, and aficionados alike to reconcile notions of European superiority with the fact of American influence shaped key modern developments ranging from natural history to secularization. Norton considers the material, social, and cultural interaction between Europe and the Americas with historical depth and insight that goes beyond the portrayal of Columbian exchange simply as a matter of exploitation, infection, and conquest.

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Monday, 9 November 2015

Money Mischief: Episodes in Monetary History

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Money Mischief: Episodes in Monetary History La revue

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Friedman makes clear once and for all that no one is immune from monetary economics-that is, from the effects of its theory and its practices. He demonstrates through historical events the mischief that can result from misunderstanding the monetary system. Index.
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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 Info

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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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