This book offers a critical look at prominent theories of financial crisis to try to understand how prepared the profession is for identifying the next financial crisis. An analysis of the first financial crisis of the twenty-first century serves as a starting point for rethinking the efficacy...

Production workers continue to be an important group in the economy. Two Centuries of Compensation for U.S. Production Workers in Manufacturing is the first long-run annual series of average hourly compensation for U.S. production workers in manufacturing. Officer reviews both data sources and...

This book describes the deep contradictions plague market economies. It shows how the influence of these contradictions sometimes subsides, allowing the economy to perform relatively well. But in time, these contradictions accumulate and economy declines as if it suffers from some degenerative...

The book describes the context within which the Common Agricultural Policy of the European Union has been established, the basic mechanisms of the policy for the main sectors of agricultural production and their adaptation over time in line with changes in the broader world economy; the changes...

The taxation of equity derivatives and structured products is analyzed in detail by Tony Rumble and his contributors, Mohammed Amin and Ed Kleinbard. The book covers the financial and tax technical analysis of issues relating to equity derivatives and structured products. Part 1 examines the...

The U.S. dollar has served as the key currency of the international economic/financial system for over fifty years. This study assesses the proposition that the series of U.S. current-account deficits over the last twenty years will shortly exhaust the capability of the dollar to continue as the...

Today's international development financing system seems like a collection of disjointed entities that often work at cross purposes without being able to mobilize enough finance for developing countries in their efforts to reduce poverty and improve living standards. This book brings together...

In Designing US Economic Policy , W. Robert Brazelton analyzes the development of US economic policy in the aftermath of the Second World War. As the world struggled to recover from the massive wartime expenditure, it was essential that economic policy not repeat the mistakes of the prewar era...