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This book is a collection of fascinating articles on the Soviet economy by an eminent economist. Most were written as current commentaries and were meant to report and to interpret developments in the Soviet economy under Gorbachev more or less as they occurred. Hanson's reflections cover more than particular events or a particular Soviet debate. In general, the articles were written for readers who were not necessarily either economists or Sovietologists, and they offer important insight on the ongoing transition of the Soviet economy to a free market economy.

This is the fourth in a continuing series of collected essays by the former editors of Monthly Review on the state of the U.S. economy and its relation to the global system. Like its predecessors, this volume focuses on the most recent phase of the development of U.S. capitalism, stressing the profound contradictions of the underlying processes of capital accumulation and pointing the way to the fundamental reforms that are the essential precondition for a real economic revival.

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We all get stressed. Stress is part of life and can even be good for us, stimulating us to adapt. Unresolved, it causes discomfort, pain and disease. If you are already ill, it makes it worse. Disease can cause stress too. Western Medicine by its nature recognizes stress as serious only when it reaches the endgame level of disease. It passes to sociologists and psychologists the task of explaining the early stages and why people get stressed. Chinese medicine has a different model. It systematically explains stress from its earliest appearance right through to severe disease, whether mental, emotional or physical. Its model has been in use and development for perhaps 3000 years. This ancient model is unique, but highly relevant today, explaining Stress in terms of energy – “Qi”; what causes stress; stress and illness; stress in the workplace; stress management; using stress creatively; good stress, positive stress; what treatments for stress work; ways to reduce stress; exercise and stress; emotional stress; exhaustion and stress; why medication for stress sometimes makes it worse; how to control stress. Understanding stress is one thing. Doing something about it is another. This book explains stress using the Chinese model and suggests ways - ancient and modern - to manage it. It explains the forms stress takes and, depending on the symptoms, what therapies or do-it-yourself strategies work or may be best.

The global economy is entering an era of protracted stagnation, similar to what Japan has experienced for over a decade.That is the message of this brilliant and controversial summary of our current economic predicament from an internationally respected consultant and commentator on financial markets, who predicted the Global Financial Crisis of 2008. The author challenges the assumption that growth can be perpetual and questions the ability of political leaders to enact the tough structural changes needed. He is particularly critical of the "easy money" approach to dealing with the great recession of 2008, citing the dangers of excessive debt and deep-seated fundamental imbalances. The fallout of these poor policies, he argues, will affect not only the business sector, but also the lifestyles and prosperity of average citizens and future generations.The author concludes with a thought experiment illustrating the large-scale changes that will be necessary to restore economic, financial, and social sustainability. This experiment has already been tried in Iceland, which went bankrupt in the wake of the 2008 crisis, and now, after a painful adjustment, is on the road to recovery.Written for the lay reader and peppered with witty anecdotes, this immensely readable book clearly explains the missteps that created the current dilemma, why a recovery has proved elusive, and the difficult remedies that must eventually be applied to ensure a stable future.

These lectures contain a masterful summing up of Nicholas Kaldor's critique of the foundations of mainstream economic theory. They provide a very clear account of his theoretical structures on regional differences, primary producers and manufacturers, and on differing market structures and the likely course of prices and quantities in different markets over time. The first four lectures are concerned with theory, history and explanation; the fifth consists of a detailed set of integrated policy proposals.

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Peter Rutland analyzes the role played by regional and local organs of the Soviet Communist Party in economic management from 1970 to 1989. Using a range of Soviet political and economic journals, newspapers and academic publications, he examines Communist Party economic interventions in construction, energy, transport, consumer goods, and agriculture. He convincingly argues that party interventions hindered rather than assisted the search for efficiency in the Soviet economy and represent a major obstacle to the current economic reform movement.

Businesses can plateau, stall, or stagnate...without the owners or key executives even realizing it. The purpose of The Sticking Point Solution is to help entrepreneurs and executives recognize the ways in which their businesses may be stuck, and to then give them tools for getting unstuck and enjoying exponential growth. To achieve this, Jay will help you to identify the nine sticking points” that keep entrepreneurs and executives alike grinding just to survive, instead of growing and thriving.Unlocking that true business potential and diagnosing the specific issues that each reader/business owner/entrepreneur/employee faces is the mission of this book. The results: freedom from stagnation and stalling; new levels of profitability and success; and a much greater sense of control and pleasure from running the enterprise.

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An urgently needed “risk map” of the many dangers that could derail Asia’s growth and stability Since Marco Polo, the West has waited for the “Asian Century.” Today, the world believes that Century has arrived. Yet from China’s slumping economy to war clouds over the South China Sea and from environmental devastation to demographic crisis, Asia’s future is increasingly uncertain. Historian and geopolitical expert Michael Auslin argues that far from being a cohesive powerhouse, Asia is a fractured region threatened by stagnation and instability. Here, he provides a comprehensive account of the economic, military, political, and demographic risks that bedevil half of our world, arguing that Asia, working with the United States, has a unique opportunity to avert catastrophe – but only if it acts boldly. Bringing together firsthand observations and decades of research, Auslin’s provocative reassessment of Asia’s future will be a must-read for industry and investors, as well as politicians and scholars, for years to come.

African states are not, in any real sense, capitalist states. Elsewhere, the state has played a crucial role in facilitating capitalist expansion, but in postcolonial Africa one finds a form of neopatrimonialism - personal rule - that introduces a variety of economic irrationalities. Productive economic activities are impeded by the political instability, systemic corruption and maladminstration associated with personal rule. In extreme cases, a downward spiral of political-economic decline is set in motion that is difficult to halt and reverse. Is personal rule simply a euphemism for ineptitude and mismanagement? The authors argue that it is not; it operates according to a particular political rationality that shapes a ruler's actions when, in the absence of legitimate authority, he is confronted with the challenge of governing an unintegrated peasant society. Neopatrimonialism is essentially an adaptation of colonial-inspired political institutions to peculiar historical and social conditions. This book focuses on the political factor as an important cause of Africa's economic ills. It analyses the social conditions impelling political adaptation and the consequences of personal rule for economic life, and surveys creative responses to the predicament African people now face.

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Based on original materials collected by the authors during several years of fieldwork, this book makes an important contribution to the analysis of the political economy of Nepal and to the study of underdevelopment in general.

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Has moderate shelf and/or corner wear. Great used condition. A portion of your purchase of this book will be donated to non-profit organizations.Over 1,000,000 satisfied customers since 1997! Choose expedited shipping (if available) for much faster delivery. Delivery confirmation on all US orders.

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Widely acclaimed as one of the world’s most influential economists, Tyler Cowen returns with his groundbreaking follow-up to the New York Times bestseller The Great Stagnation.The widening gap between rich and poor means dealing with one big, uncomfortable truth: If you’re not at the top, you’re at the bottom.The global labor market is changing radically thanks to growth at the high end—and the low. About three quarters of the jobs created in the United States since the great recession pay only a bit more than minimum wage. Still, the United States has more millionaires and billionaires than any country ever, and we continue to mint them.In this eye-opening book, renowned economist and bestselling author Tyler Cowen explains that phenomenon: High earners are taking ever more advantage of machine intelligence in data analysis and achieving ever-better results. Meanwhile, low earners who haven’t committed to learning, to making the most of new technologies, have poor prospects. Nearly every business sector relies less and less on manual labor, and this fact is forever changing the world of work and wages. A steady, secure life somewhere in the middle—average—is over.With The Great Stagnation, Cowen explained why median wages stagnated over the last four decades; in Average Is Over he reveals the essential nature of the new economy, identifies the best path forward for workers and entrepreneurs, and provides readers with actionable advice to make the most of the new economic landscape. It is a challenging and sober must-read but ultimately exciting, good news. In debates about our nation’s economic future, it will be impossible to ignore.

The days of boom and bubble are over, and the time has come to understand the long-term economic reality. Although the Great Recession officially ended in June 2009, hopes for a new phase of rapid economic expansion were quickly dashed. Instead, growth has been slow, unemployment has remained high, wages and benefits have seen little improvement, poverty has increased, and the trend toward more inequality of incomes and wealth has continued. It appears that the Great Recession has given way to a period of long-term anemic growth, which Foster and McChesney aptly term the Great Stagnation.   This incisive and timely book traces the origins of economic stagnation and explains what it means for a clear understanding of our current situation. The authors point out that increasing monopolization of the economy—when a handful of large firms dominate one or several industries—leads to an over-abundance of capital and too few profitable investment opportunities, with economic stagnation as the result. Absent powerful stimuli to investment, such as historic innovations like the automobile or major government spending, modern capitalist economies have become increasingly dependent on the financial sector to realize profits. And while financialization may have provided a temporary respite from stagnation, it is a solution that cannot last indefinitely, as instability in financial markets over the last half-decade has made clear.