San Antonio College Library

In the rush to open societies to the benefits of competition, economists have overlooked the fundamental instability of competitive markets - what had seemed to be an invincible capitalist juggernaut may be reaching its apotheosis. Michael Perelman argues that capitalism's victory is temporary, based as it is on an unrealistic understanding of the system's inherent risks. He analyzes the nature and causes of crisis within a market society and along...

In this film, RealChange director Sadhana Smiles describes approaches that allow businesses to improve profitability, especial during a market downturn. She stresses that a business must regularly review its financial position and face reality, and how to respond to that reality.

Recounts the history of the semiconductor industry over more than twenty years and through eight interrelated technical and competitive crises that forced the industry to adapt.

"Every day, in every sector of our economy, a business shuts down while another starts up, jobs are created while others are cut, and workers are hired while others are laid off. This constant flux, or turbulence, is a defining characteristic of our free market system, yet it mostly inspires angst about unemployment, loss of earnings, and the overall competitiveness of corporations. But is this endless cycle of fluctuation really so bad for America?...

Economic and business uncertainty dominate today's economic analyses. This new Encyclopedia illuminates the subject by offering 327 original articles on every major aspect of business cycles, fluctuations, financial crises, recessions, and depressions. The articles cover a broad range of subjects, including capsule biographies of leading economists born before 1920. The Encyclopedia introduces readers to the principal ideas, concepts, facts, and events...

"The essays contained in this book have been selected from the Global investment review (GIR) of Marathon Asset Management Ltd ..."--Page xix Includes bibliographical references and index. Introduction -- Ch. 1. Capital thoughts -- Ch. 2. The rise of shareholder value -- Ch. 3. The two-tier market -- Ch. 4. Blind capital -- Ch. 5. Fibre-optical illusions -- Ch. 6. The croupier's take -- Ch. 7. Making up the numbers -- Ch. 8. Mismanagement -- Appendix:...

Lars Tvede's story moves back in time to the Scottish gambler and financial genius, John Law, and then on to the distracted Adam Smith, the stockbroker Ricardo, the investment banker Thornton, the extrovert Schumpeter, the speculator Jay Gould and many others. Gradually we reach the computer jugglers of the modern day who, with giant networks of equations, try to solve the same questions that have attracted the attention of classical economists through...

Chinese foreign economic policy before 1978 has been considered isolationist and centered on Maoist self-reliance. In this revisionist analysis, Lawrence Reardon argues that China was not out of touch with the global marketplace during the 1949--78 period and that Deng Xiaoping's heralded liberalizations were revisions and expansions of policies from the Maoist period. The dramatic economic reforms initiated by China's leaders in 1978 boosted GDP...

"In Recessions and Depressions Todd Knoop traces the evolution of business cycle theory, from the "classical" model, which preceded the Great Depression, through the ground-breaking ideas of John Maynard Keynes, Milton Friedman, and their followers. He examines the strengths and limitations of each approach, in terms of explaining the impact of such factors as government policy, money supply, labor productivity, and wages. In the process, he presents...