Water transportation has played a key role in the Great Lakes region’s settlement and economic growth, from providing entry into the new lake states to offering cheap transportation for the goods they produced. There are numerous tales surrounding the Great Lakes shipping trade, but few storytellers have addressed the factors that influenced the use, design, and evolution of the ships that sailed the inland seas. Sail, Steam, and Diesel: Moving Cargo on the Great Lakes provides a comprehensive overview of the evolution of Great Lakes ships over the centuries, from small birch-bark canoes originally used in the region to the massive thousand-footers of today. The author also looks at the economics of vessel operation in the context of the expanding scope of the shipping industry, which was crucial in catapulting America into becoming an industrial juggernaut. The captains of industry and the sailors whose labor propelled the trade populate this account, which also offers solemn acknowledgment of the high cost paid in both lost ships and lives. Although they might not realize it, millions of Americans have owed their livelihoods to the Great Lakes boats, and this volume is an excellent way to recognize the importance of this regional industry.

The media are in crisis. Confronted by growing competition and sagging advertising revenue, news operations in print, on radio and TV, and even online are struggling to reinvent themselves. Many have gone under. For too many others, the answer has been to lay off reporters, join conglomerates, and lean more heavily on generic content. The result: in a world awash with information, news organizations provide citizens with less and less in-depth reporting and a narrowing range of viewpoints. If democracy requires an informed citizenry, this trend spells trouble.

Julia Cagé explains the economics and history of the media crisis in Europe and America, and she presents a bold solution. The answer, she says, is a new business model: a nonprofit media organization, midway between a foundation and a joint stock company. Cagé shows how this model would enable the media to operate independent of outside shareholders, advertisers, and government, relying instead on readers, employees, and innovative methods of financing, including crowdfunding.

Cagé’s prototype is designed to offer new ways to share and transmit power. It meets the challenges of the digital revolution and the realities of the twenty-first century, inspired by a central idea: that news, like education, is a public good. Saving the Media will be a key document in a debate whose stakes are nothing less crucial than the vitality of democracy.

Scale and Scope is Alfred Chandler’s first major work since his Pulitzer Prize–winning The Visible Hand. Representing ten years of research into the history of the managerial business system, this book concentrates on patterns of growth and competitiveness in the United States, Germany, and Great Britain, tracing the evolution of large firms into multinational giants and orienting the late twentieth century’s most important developments.

This edition includes the entire hardcover edition with the exception of the Appendix Tables.

A sweeping intellectual history of the concept of economic scarcity—its development across five hundred years of European thought and its decisive role in fostering the climate crisis.

Modern economics presumes a particular view of scarcity, in which human beings are innately possessed of infinite desires and society must therefore facilitate endless growth and consumption irrespective of nature’s limits. Yet as Fredrik Albritton Jonsson and Carl Wennerlind show, this vision of scarcity is historically novel and was not inevitable even in the age of capitalism. Rather, it reflects the costly triumph of infinite-growth ideologies across centuries of European economic thought—at the expense of traditions that sought to live within nature’s constraints.

The dominant conception of scarcity today holds that, rather than master our desires, humans must master nature to meet those desires. Albritton Jonsson and Wennerlind argue that this idea was developed by thinkers such as Francis Bacon, Samuel Hartlib, Alfred Marshall, and Paul Samuelson, who laid the groundwork for today’s hegemonic politics of growth. Yet proponents of infinite growth have long faced resistance from agrarian radicals, romantic poets, revolutionary socialists, ecofeminists, and others. These critics—including the likes of Gerrard Winstanley, Dorothy Wordsworth, Karl Marx, and Hannah Arendt—embraced conceptions of scarcity in which our desires, rather than nature, must be mastered to achieve the social good. In so doing, they dramatically reenvisioned how humans might interact with both nature and the economy.

Following these conflicts into the twenty-first century, Albritton Jonsson and Wennerlind insist that we need new, sustainable models of economic thinking to address the climate crisis. Scarcity is not only a critique of infinite growth, but also a timely invitation to imagine alternative ways of flourishing on Earth.

No American metropolis has intervened in its housing market quite as aggressively as New York since World War II—and yet none is as burdened by the scarcity, poor quality, uneven distribution, and high cost of its rental housing stock. Why, after half a century of rent control, public housing programs, tax abatement, and land use regulation, is it so difficult for thousands of New Yorkers to find, rent, and maintain decent apartments?

Addressing issues that are hotly debated in the Big Apple and other cities across the nation, Peter Salins and Gerard Mildner analyze New York's policies and assess their largely detrimental effects on housing quality and availability. They show how programs that were instituted for the benefit of both investors and the poor—by directly and indirectly subsidizing housing construction and by capping rents—have instead caused misallocation of housing, exacerbated tensions between tenants and landlords, progressively stifled private investment, and resulted in building deterioration and abandonment.

Scarcity by Design is an object lesson in what governments should not do if they wish to improve housing and maintain communities. It also makes a strong case for a highly controversial solution: arguing from a free-market perspective, Salins and Mildner clearly demonstrate how transition to a fully deregulated and subsidized housing market would alleviate the social and economic woes of New York's tenants. They present deregulation as the essential stimulus of housing production, fair pricing, and good maintenance. The authors' crisply written analysis of New York's housing problems and their proposed solutions will enlighten citizens, city managers, investors, builders, and urban planners, and should spark discussions in academic as well as professional circles.

Clarence Edwin Ayres was the leading American institutionalist economist in the post–World War II era. His innovative theories concerning the causes and significance of technological change provided the philosophical framework for that school of economics called institutionalism. In his recognition that the critical economic issues of the future would be the realization of the full economic potential of industrial society and the development of the third world, he was at least twenty years ahead of his time. In addition, Ayres's influence as an economics teacher at the University of Texas at Austin went well beyond the discipline of economics to students of anthropology, psychology, philosophy, education, and even music and art.

This book constitutes the first major appraisal of the work and influence of C. E. Ayres. The essays are written from a transatlantic as well as a national viewpoint and do not evince anyone ideological bias. As John Kenneth Galbraith says in his Foreword, the essays are not meant as a monument to Ayres; instead, they critique what he thought and did, showing "his range of interests, his diligence, his originality of mind and method."

Contributions to the volume are "Clarence Edwin Ayres: An Intellectual's Portrait" by editors William Breit and William Patton Culbertson, Jr.; "Clarence Ayres's Place in the History of American Economics: An Interim Assessment" by A. W. Coats; "C. E. Ayres on the Industrial Revolution" by R. M. Hartwell; "Clarence Ayres and the Roots of Economic Progress" by S. Herbert Frankel; "Technology and the Price System" by W. W. Rostow; "Limits to Growth: Biospheric or Institutional?" by Joseph J. Spengler; "Science's Feet of Clay" by Gordon Tullock; "Ayres's Views on Moral Relativism" by Alfred F. Chalk; "Methods and Morals in Economics: The Ayres-Knight Discussion" by James M. Buchanan; " Clarence Ayres's Economics and Sociology" by Talcott Parsons; and "Clarence E. Ayres as a University Teacher" by Marion J. Levy, Jr.

International leaders of industry and government here discuss the role of technology in a multi-polar economic world. Harvey Brooks analyzes the continually narrowing technological gap between Europe and the United States. Sohei Nakayama reveals that Japan, not satisfied with the catch-up strategy it has followed in the past, seeks to develop leadership in areas of basic technical theory. Kurt Richebacher covers how European companies can maximize their effectiveness in establishing a U.S. position.

This trenchant study analyzes the rise and decline in the quality and format of science in America since World War II.

During the Cold War, the U.S. government amply funded basic research in science and medicine. Starting in the 1980s, however, this support began to decline and for-profit corporations became the largest funders of research. Philip Mirowski argues that a powerful neoliberal ideology promoted a radically different view of knowledge and discovery: the fruits of scientific investigation are not a public good that should be freely available to all, but are commodities that could be monetized.

Consequently, patent and intellectual property laws were greatly strengthened, universities demanded patents on the discoveries of their faculty, information sharing among researchers was impeded, and the line between universities and corporations began to blur. At the same time, corporations shed their in-house research laboratories, contracting with independent firms both in the States and abroad to supply new products. Among such firms were AT&T and IBM, whose outstanding research laboratories during much of the twentieth century produced Nobel Prize–winning work in chemistry and physics, ranging from the transistor to superconductivity.

Science-Mart offers a provocative, learned, and timely critique, of interest to anyone concerned that American science—once the envy of the world—must be more than just another way to make money.

Diverted by the dramatic military and political events of July 1944, few Americans realized the significance of an international conference taking place at Bretton Woods, a mountain resort in New Hampshire, far from the battle zones. There United Nations experts were completing plans for a world monetary and financial system that they hoped would create a prosperous, efficient global economy and avert economic tensions that might lead to another world war. Until the dollar crisis of 1971, decisions made at Bretton Woods provided the institutions and rules for international finance. The conference ushered in an era of unprecedented expansion of world trade and prosperity.

Based on extensive research in previously unavailable sources, A Search for Solvency relates intriguing and often complicated issues of economic analysis and diplomatic history. It offers a succinct and comprehensive survey of international monetary development from the collapse of the pre–World War I gold standard to the devaluation of the dollar in 1971. In effect, it explains the origins of late twentieth-century global inflation and currency problems.

The author details how the ghost of the Great Depression, the failure of monetary reconstruction efforts after World War I, and the memory of the nineteenth-century gold standard guided efforts to construct the Bretton Woods system. This preoccupation with the past, as well as political constraints, produced a monetary system protected against past dangers—fluctuating currencies, controls, and deflation—but dangerously vulnerable to inflationary pressures. The weaknesses of Bretton Woods, a system geared to an era in which economic power was concentrated in the United States, became visible in the 1960s and painfully apparent by the mid-1970s.

Thanks to inexpensive computers and data communications, the speed and volume of human communication are exponentially greater than they were even a quarter-century ago. Not since the advent of the telephone and telegraph in the nineteenth century has information technology changed daily life so radically. We are in the midst of what Gerald Brock calls a second information revolution.

Brock traces the complex history of this revolution, from its roots in World War II through the bursting bubble of the Internet economy. As he explains, the revolution sprang from an interdependent series of technological advances, entrepreneurial innovations, and changes to public policy. Innovations in radar, computers, and electronic components for defense projects translated into rapid expansion in the private sector, but some opportunities were blocked by regulatory policies. The contentious political effort to accommodate new technology while protecting beneficiaries of the earlier regulated monopoly eventually resulted in a regulatory structure that facilitated the explosive growth in data communications. Brock synthesizes these complex factors into a readable economic history of the wholesale transformation of the way we exchange and process information.

Martin McGuire has written for the specialist and the concerned layman a highly original and valuable contribution to our understanding of the arms race, based upon economic theory in general and the theory of economic duopoly in particular. He calls attention to the fact that when two world powers face each other with massive allocations of resources for arms, and when each regards the other as the major, if not the sole, threat to its own security, the question of accurate information about the strength and intentions of the adversary arises for each side in many and various ways. As a result, this study is a pioneering, analytic effort to approach the value of keeping secrets from or of obtaining information about an enemy.

The author is concerned with such questions as: what is the loss in being only 50 percent confident rather than certain that the adversary doesn’t have more X missiles or missiles of yield W megatons or of accuracy C thousand feet? Should one insist on being 95 percent sure when bargaining for arms control? How can a side compensate for its uncertainty most efficiently? An understanding of these problems can not only increase our security; it may help as well to contain or control the entire two-sided race.

How Hawaiʻi became the epicenter of the biotech seed industry, and how a resistance movement arose to confront the industry’s power.

Hawaiʻi is a primary site for development of herbicide-resistant corn seed and, until recently, was host to more experimental field trials of genetically engineered crops than anywhere else in the world. It is also a node of powerful resistance. While documentaries and popular news stories have profiled the biotech seed industry in Hawaiʻi, Seeds of Occupation, Seeds of Possibility is the first book to detail the social and historical conditions by which the chemical-seed oligopoly came to occupy the most geographically isolated islands in the world and made the soils of Hawaiʻi the epicenter of agrochemical and agricultural biotechnology testing.

Andrea Brower, an activist-scholar from Hawaiʻi, examines the consequences related to genetically engineered seed development for Hawaiʻi’s people and the social movement that has risen in response. With insights beyond the islands, Seeds of Occupation, Seeds of Possibility illuminates why visions for a radically better world must be expanded by intersectional and systemically oriented movements.
 

The city is a complex object. Some researchers look at its shape, others at its people, animals, ecology, policy, infrastructures, buildings, history, art, or technical networks. Some researchers analyse processes of in- or exclusion, gentrification, or social mobility; others biological evolution, traffic flows, or spatial development. Many combine these topics or add still more topics beyond this list. Some projects cross the boundaries of research and practice and engage in action research, while others pursue knowledge for the sake of curiosity. This volume embraces this variety of perspectives and provides an essential collection of methodologies for studying the city from multiple, interdisciplinary, and transdisciplinary perspectives. We start by recognizing that the complexity of the urban environment cannot be understood from a single vantage point. We therefore offer multiple methodologies in order to gather and analyse data about the city, and provide ways to connect and integrate these approaches.

The contributors form a talented network of urban scholars and practitioners at the forefront of their fields. They offer hands-on methodological techniques and skills for data collection and analysis. Furthermore, they reveal honest and insightful reflections from behind the scenes. All methodologies are illustrated with examples drawn from the authors own research applying them in the city of Amsterdam. In this way, the volume also offers a rich collection of Amsterdam-based research and outcomes that may inform local urban practitioners and policy makers.

Altogether, the volume offers indispensable tools for and aims to educate a new generation of interdisciplinary and transdisciplinary-minded urban scholars and practitioners.

The post-World War II years in the United States were marked by the business community's efforts to discredit New Deal liberalism and undermine the power and legitimacy of organized labor. In Selling Free Enterprise, Elizabeth Fones-Wolf describes how conservative business leaders strove to reorient workers away from their loyalties to organized labor and government, teaching that prosperity could be achieved through reliance on individual initiative, increased productivity, and the protection of personal liberty. 

Based on research in a wide variety of business and labor sources, this detailed account shows how business permeated every aspect of American life, including factories, schools, churches, and community institutions.

With its huge jackpots and heartwarming rags-to-riches stories, the lottery has become the hope and dream of millions of Americans—and the fastest-growing source of state revenue. Despite its popularity, however, there remains much controversy over whether this is an appropriate business for state government and, if so, how this business should be conducted.

In 1871 Paris was a city in crisis. Besieged during the Franco-Prussian War, its buildings and boulevards were damaged, its finances mired in debt, and its new government untested. But if Parisian authorities balked at the challenges facing them, entrepreneurs and businessmen did not. Selling Paris chronicles the people, practices, and politics that spurred the largest building boom of the nineteenth century, turning city-making into big business in the French capital.

Alexia Yates traces the emergence of a commercial Parisian housing market, as private property owners, architects, speculative developers, and credit-lending institutions combined to finance, build, and sell apartments and buildings. Real estate agents and their innovative advertising strategies fed these new residential spaces into a burgeoning marketplace. Corporations built empires with tens of thousands of apartments under management for the benefit of shareholders. By the end of the nineteenth century, the Parisian housing market caught the attention of the wider public as newspapers began reporting its ups and downs.

The forces that underwrote Paris’s creation as the quintessentially modern metropolis were not only state-centered or state-directed but also grew out of the uncoordinated efforts of private actors and networks. Revealing the ways housing and property became commodities during a crucial period of urbanization, Selling Paris is an urban history of business and a business history of a city that transforms our understanding of both.

From Tin Pan Alley to grand opera, player-pianos to phonograph records, David Suisman’s Selling Sounds explores the rise of music as big business and the creation of a radically new musical culture. Around the turn of the twentieth century, music entrepreneurs laid the foundation for today’s vast industry, with new products, technologies, and commercial strategies to incorporate music into the daily rhythm of modern life. Popular songs filled the air with a new kind of musical pleasure, phonographs brought opera into the parlor, and celebrity performers like Enrico Caruso captivated the imagination of consumers from coast to coast.

Selling Sounds uncovers the origins of the culture industry in music and chronicles how music ignited an auditory explosion that penetrated all aspects of society. It maps the growth of the music business across the social landscape—in homes, theaters, department stores, schools—and analyzes the effect of this development on everything from copyright law to the sensory environment. While music came to resemble other consumer goods, its distinct properties as sound ensured that its commercial growth and social impact would remain unique.

Today, the music that surrounds us—from iPods to ring tones to Muzak—accompanies us everywhere from airports to grocery stores. The roots of this modern culture lie in the business of popular song, player-pianos, and phonographs of a century ago. Provocative, original, and lucidly written, Selling Sounds reveals the commercial architecture of America’s musical life.

The service sector represents a smaller share of the national economy in the Soviet Union than in other countries at similar levels. This gap is found in trade, in private and business services, and, surprisingly, in public administration. Gur Ofer provides a twofold examination of this phenomenon. He uses cross country comparisons to study the “normal” relationships between the size of the service institutions and economic development. At the same time he investigates specific factors operating in Socialist and Soviet countries, thus uniting the special Soviet case with general development theory.

The Role of Indigenous People in the Founding of America's First Major Border Towns
In 1811, while escorting members of John Jacob Astor’s Pacific Fur Company up the Columbia River, their Chinookan guide refused to advance beyond a particular point that marked a boundary between his people and another indigenous group. Long before European contact, Native Americans created and maintained recognized borders, ranging from family hunting and fishing properties to larger tribal territories to vast river valley regions. Within the confines of these respective borders, the native population often established permanent settlements that acted as the venues for the major political, economic, and social activities that took place in virtually every part of precolonial North America. It was the location of these native settlements that played a major role in the establishment of the first European, and later, American frontier towns.
In Settling the Frontier: Urban Development in America’s Borderlands, 1600–1830, historian Joseph P. Alessi examines how the Pecos, Mohawk, Ohioan, and Chinook tribal communities aided Europeans and Americans in the founding of five of America’s earliest border towns—Santa Fe (New Mexico), Fort Amsterdam (New York City), Fort Orange (Albany, New York), Fort Pitt (Pittsburgh, Pennsylvania), and Fort Astoria (Portland, Oregon). Filling a void in scholarship about the role of Native American communities in  the settlement of North America, Alessi reveals that, although often resistant to European and American progress or abused by it, Indians played an integral role in motivating and assisting Europeans with the establishment of frontier towns. In addition to the location of these towns, the native population was often crucial to the survival of the settlers in unfamiliar and unforgiving environments. As a result, these new towns became the logistical and economic vanguards for even greater development and exploitation of North America. 

The key to professional success in Brazil is understanding Brazilians. But how do you understand an unfamiliar culture? Seasoned cross-cultural trainers Orlando R. Kelm and David A. Victor use Victor’s groundbreaking approach of evaluating a culture’s language, environment, social organization, context, authority, nonverbal communication, and time conception to provide a framework for understanding Brazilians and show effective strategies to overcome these communication barriers. The method, referred to as the LESCANT approach makes you the expert evaluator of the culture and helps you easily navigate hurdles that can challenge business relationships.

Each chapter of The Seven Keys to Communicating in Brazil employs memorable anecdotes, business cases on each topic from business professionals, and photographs to address key topics. The authors demonstrate how to evaluate the cultural differences between Brazil and North America and include examples of common communication mistakes. Engaging and accessible, the book helps North Americans master the nuances of the Brazilian language and achieve a real experience of the Brasil dos brasileiros.

The key to professional success in Japan is understanding Japanese people. The authors, seasoned cross-cultural trainers for businesspeople, provide a practical set of guidelines for understanding Japanese people and culture through David A. Victor's LESCANT approach of evaluating a culture's language, environment, social organization, context, authority, nonverbal communication, and time conception. Each chapter addresses one of these topics and shows effective strategies to overcoming cultural barriers and demonstrates how to evaluate the differences between Japan and North America to help avoid common communication mistakes. The book is generously peppered with photographs to provide visual examples. Exploring language and communication topics, international relations, and the business community, this book is an excellent intercultural overview for anyone traveling to or working in Japan.

How do you build successful professional connections with colleagues from Mexico? While most books focus simply on how to avoid common communication mistakes, this book leads its readers to an understanding of how to succeed and thrive within the three cultures, Mexico, the US, and Canada. Kelm, Hernandez-Pozas and Victor present a set of practical guidelines for communicating professionally with Mexicans, both in Mexico and abroad, providing many photographs as examples. The Seven Keys to Communicating in Mexico follows the model of presenting key cultural concepts used in the earlier books by Kelm and Victor on Brazil and (with Haru Yamada) on Japan. Olivia Hernandez-Pozas, Orlando Kelm, and David Victor, well-respected research professors and seasoned cross-cultural trainers for businesspeople, guide readers through Mexican culture using Victor's LESCANT Model (an acronym representing seven key cross-cultural communication areas: Language, Environment, Social Organization, Contexting, Authority, Nonverbal Behavior, and Time). Each chapter addresses one of these topics and demonstrates how to evaluate the differences among Mexican, US, and Canadian cultures. In the final chapter the authors bring all of these cultural interactions together with a sample case study about business interactions between Mexicans and North Americans. The case study includes additional observations from North American and Mexican business professionals who offer related suggestions and recommendations.

The Department of Defense Sexual Assault Prevention and Response Office asked the RAND Corporation to independently assess rates of sexual assault, sexual harassment, and gender discrimination in the military. This volume presents the results of methodological investigations into sources of potential bias in estimates produced from the 2014 RAND Military Workplace Study for active- and reserve-component members in the U.S. military.

The Department of Defense Sexual Assault Prevention and Response Office asked the RAND Corporation to conduct an assessment of the rates of sexual assault, sexual harassment, and gender discrimination in the U.S. military. This volume presents survey estimates of how risk of sexual assault and sexual harassment varies across military installations and major commands using data from the 2014 RAND Military Workplace Study.

Long before China promulgated the official One Belt One Road initiatives, vast networks of cross-border exchanges already existed across Asia and Eurasia. The dynamics of such trade and resource flows have largely been outside state control, and are pushed to the realm of the shadow economy. The official initiative is a state-driven attempt to enhance the orderly flow of resources across countries along the Belt and Road, hence extending the reach of the states to the shadow economies. This volume offers a bottom-up view of the transborder informal exchanges across Asia and Eurasia, and analyses its clash and mesh with the state-orchestrated Belt and Road cooperation. By undertaking a comparative study of country cases along the new silk roads, the book underlines the intended and unintended consequences of such competing routes of connectivity on the socio-economic conditions of local communities.

Shadows of Doubt reveals how deeply stereotypes distort our interactions, shape crime, and deform the criminal justice system.

If you’re a robber, how do you choose your victims? As a police officer, how afraid are you of the young man you’re about to arrest? As a judge, do you think the suspect in front of you will show up in court if released from pretrial detention? As a juror, does the defendant seem guilty to you? Your answers may depend on the stereotypes you hold, and the stereotypes you believe others hold. In this provocative, pioneering book, economists Brendan O’Flaherty and Rajiv Sethi explore how stereotypes can shape the ways crimes unfold and how they contaminate the justice system through far more insidious, pervasive, and surprising paths than we have previously imagined.

Crime and punishment occur under extreme uncertainty. Offenders, victims, police officers, judges, and jurors make high-stakes decisions with limited information, under severe time pressure. With compelling stories and extensive data on how people act as they try to commit, prevent, or punish crimes, O’Flaherty and Sethi reveal the extent to which we rely on stereotypes as shortcuts in our decision making. Sometimes it’s simple: Robbers tend to target those they stereotype as being more compliant. Other interactions display a complex and sometimes tragic interplay of assumptions: “If he thinks I’m dangerous, he might shoot. I’ll shoot first.”

Shadows of Doubt shows how deeply stereotypes are implicated in the most controversial criminal justice issues of our time, and how a clearer understanding of their effects can guide us toward a more just society.

How can you turn an English department into a revenue center? How do you grade students if they are "customers" you must please? How do you keep industry from dictating a university's research agenda? What happens when the life of the mind meets the bottom line? Wry and insightful, Shakespeare, Einstein, and the Bottom Line takes us on a cross-country tour of the most powerful trend in academic life today--the rise of business values and the belief that efficiency, immediate practical usefulness, and marketplace triumph are the best measures of a university's success.

With a shrewd eye for the telling example, David Kirp relates stories of marketing incursions into places as diverse as New York University's philosophy department and the University of Virginia's business school, the high-minded University of Chicago and for-profit DeVry University. He describes how universities "brand" themselves for greater appeal in the competition for top students; how academic super-stars are wooed at outsized salaries to boost an institution's visibility and prestige; how taxpayer-supported academic research gets turned into profitable patents and ideas get sold to the highest bidder; and how the liberal arts shrink under the pressure to be self-supporting.

Far from doctrinaire, Kirp believes there's a place for the market--but the market must be kept in its place. While skewering Philistinism, he admires the entrepreneurial energy that has invigorated academe's dreary precincts. And finally, he issues a challenge to those who decry the ascent of market values: given the plight of higher education, what is the alternative?

The dean of business historians continues his masterful chronicle of the transforming revolutions of the twentieth century begun in Inventing the Electronic Century.

Alfred Chandler argues that only with consistent attention to research and development and an emphasis on long-term corporate strategies could firms remain successful over time. He details these processes for nearly every major chemical and pharmaceutical firm, demonstrating why some companies forged ahead while others failed.

By the end of World War II, the chemical and pharmaceutical industries were transformed by the commercializing of new learning, the petrochemical and the antibiotic revolutions. But by the 1970s, chemical science was no longer providing the new learning necessary to commercialize more products, although new directions flourished in the pharmaceutical industries. In the 1980s, major drug companies, including Eli Lilly, Merck, and Schering Plough, commercialized the first biotechnology products, and as the twenty-first century began, the infrastructure of this biotechnology revolution was comparable to that of the second industrial revolution just before World War I and the information revolution of the 1960s. Shaping the Industrial Century is a major contribution to our understanding of the most dynamic industries of the modern era.

In the pages of this intriguing volume, a cure to stagflation seems to be at hand. Martin L. Weitzman, one of America’s leading economic theorists, has hit upon a central feature of our economic life as the cause of this chronic malady: the standard practice of paying workers a fixed wage, regardless of whether a company is doing well or poorly. Weitzman shows in a clear straightforward way that an alternative labor payment system, in which a significant number of firms share profits or revenues with their employees (like the Japanese bonus system), provides immunity against stagflation; an economy of such firms automatically soaks up unemployed labor and resists inflation.

Under the Weitzman system, firms always have an incentive to take on more workers because the additional worker is paid only a fraction or share of the revenue he brings into the firm. General Motors and Eastern Airlines have already taken steps to implement profit and revenue sharing. Here, for the first time, is a lucid explanation and justification of share systems. Eschewing theoretically unsound schemes such as supply-side tax cuts and industrial policy on the one hand and macroeconomic sledgehammer “cures” on the other, The Share Economy provides a powerful and hopeful account of what may become the most important economic innovation of our time.

The historical relationship between capital and labor has evolved in the past few decades. One particularly noteworthy development is the rise of shared capitalism, a system in which workers have become partial owners of their firms and thus, in effect, both employees and stockholders. Profit sharing arrangements and gain-sharing bonuses, which tie compensation directly to a firm’s performance, also reflect this new attitude toward labor.

Shared Capitalism at Work analyzes the effects of this trend on workers and firms. The contributors focus on four main areas: the fraction of firms that participate in shared capitalism programs in the United States and abroad, the factors that enable these firms to overcome classic free rider and risk problems, the effect of shared capitalism on firm performance, and the impact of shared capitalism on worker well-being. This volume provides essential studies for understanding the increasingly important role of shared capitalism in the modern workplace.

An in-depth exploration of digital culture and its dissemination, Sharing offers a counterpoint to the dominant view that file sharing is piracy. Instead, Philippe Aigrain looks at the benefits of file sharing, which allows unknown writers and artists to be appreciated more easily. Concentrating not only on the cultural enrichment caused by widely shared digital media, Sharing also discusses new financing models that would allow works to be shared freely by individuals without aim at profit. Aigrain carefully balances the needs to support and reward creative activity with a suitable respect for the cultural common good and proposes a new interpretation of the digital landscape.

Winner of the Alice Hanson Jones Prize, Economic History Association
A Choice Outstanding Academic Title of the Year

The civil rights movement was also a struggle for economic justice, one that until now has not had its own history. Sharing the Prize demonstrates the significant material gains black southerners made—in improved job opportunities, quality of education, and health care—from the 1960s to the 1970s and beyond. Because black advances did not come at the expense of southern whites, Gavin Wright argues, the civil rights struggle was that rarest of social revolutions: one that benefits both sides.

“Wright argues that government action spurred by the civil-rights movement corrected a misfiring market, generating large economic gains that private companies had been unable to seize on their own.”
—The Economist

“Written…with the care and imagination [Wright] displayed in his superb work on slavery and the southern economy since the Civil War, this excellent economic history offers the best empirical account to date of the effects the civil rights revolution had on southern labor markets, schools, and other important institutions…With much of the nation persuaded that a post-racial age has begun, Wright’s analytical history…takes on fresh urgency.”
—Ira Katznelson, New York Review of Books

The Sheep Industry of Territorial New Mexico offers a detailed account of the New Mexico sheep industry during the territorial period (1846–1912) when it flourished. As a mainstay of the New Mexico economy, this industry was essential to the integration of New Mexico (and the Southwest more broadly) into the national economy of the expanding United States.
 
Author Jon Wallace tells the story of evolving living conditions as the sheep industry came to encompass innumerable families of modest means. The transformation improved many New Mexicans’ lives and helped establish the territory as a productive part of the United States. There was a cost, however, with widespread ecological changes to the lands—brought about in large part by heavy grazing. Following the US annexation of New Mexico, new markets for mutton and wool opened. Well-connected, well-financed Anglo merchants and growers who had recently arrived in the territory took advantage of the new opportunity and joined their Hispanic counterparts in entering the sheep industry.
 
The Sheep Industry of Territorial New Mexico situates this socially imbued economic story within the larger context of the environmental consequences of open-range grazing while examining the relationships among Hispanic, Anglo, and Indigenous people in the region. Historians, students, general readers, and specialists interested in the history of agriculture, labor, capitalism, and the US Southwest will find Wallace’s analysis useful and engaging.
 

From the vantage point of the United States or Western Europe, the 1970s was a time of troubles: economic “stagflation,” political scandal, and global turmoil. Yet from an international perspective it was a seminal decade, one that brought the reintegration of the world after the great divisions of the mid-twentieth century. It was the 1970s that introduced the world to the phenomenon of “globalization,” as networks of interdependence bound peoples and societies in new and original ways.

The 1970s saw the breakdown of the postwar economic order and the advent of floating currencies and free capital movements. Non-state actors rose to prominence while the authority of the superpowers diminished. Transnational issues such as environmental protection, population control, and human rights attracted unprecedented attention. The decade transformed international politics, ending the era of bipolarity and launching two great revolutions that would have repercussions in the twenty-first century: the Iranian theocratic revolution and the Chinese market revolution.

The Shock of the Global examines the large-scale structural upheaval of the 1970s by transcending the standard frameworks of national borders and superpower relations. It reveals for the first time an international system in the throes of enduring transformations.

How inflation and deflation fears shape American democracy.

Many foundational moments in American economic history—the establishment of paper money, wartime price controls, the rise of the modern Federal Reserve—occurred during financial panics as prices either inflated or deflated sharply. The government’s decisions in these moments, intended to control price fluctuations, have produced both lasting effects and some of the most contentious debates in the nation’s history.

A sweeping history of the United States’ economy and politics, Shock Values reveals how the American state has been shaped by a massive, ever-evolving effort to insulate its economy from the real and perceived dangers of price fluctuations. Carola Binder narrates how the pains of rising and falling prices have brought lasting changes for every generation of Americans. And with each brush with price instability, the United States has been reinvented—not as a more perfect union, but as a reflection of its most recent failures.

Shock Values tells the untold story of prices and price stabilization in the United States. Expansive and enlightening, Binder recounts the interest-group politics, legal battles, and economic ideas that have shaped a nation from the dawn of the republic to the present.

The history of modern-day old clothes recycling begins with a thing called shoddy. Starting in the early 1800s, shoddy was the name given to a new material made from reclaimed wool, and to one of the earliest forms of industrial recycling. Old rags and leftover fabric clippings were ground to bits by a machine known as “the devil” and then re-used. Usually undisclosed, shoddy–also known as reworked wool–became suit jackets, army blankets, mattress stuffing, and much more. Shoddy is the afterlife of rags. And Shoddy, the book, reveals hidden worlds of textile intrigue.
 
In Shoddy: From Devil’s Dust to the Renaissance of Rags, Hanna Rose Shell takes readers on a journey to discover shoddy, from Haiti to the “shoddy towns” of West Yorkshire in England, to the United States, back in time to the British cholera epidemics and the American Civil War, and into agricultural fields, textile labs, and rag-shredding factories. Shell’s narrative is both literary and historical, drawing on an extraordinary range of sources, from court cases to military uniforms, mattress labels to medical textbooks, political cartoons to high art. Shoddy moves between genres, bringing richly drawn characters and unexpected objects to life. Along the way, shoddy becomes equally an evocative object and a portal into another world.
 
Almost since the time it first appeared, shoddy was both ubiquitous and controversial. In part because it was often so hard to detect, it was inherently suspicious. Public health experts worried about sanitation and disease—how could old clothes be disinfected? As well, the idea of wearing someone else’s old clothes so close to your own skin was discomforting in and of itself. Could you sleep peacefully knowing that your mattress was very likely to be stuffed with dead soldiers’ overcoats? The use of the term “virgin” wool, the idea of virginity in relation to clothes, in fact emerged as an effort by the wool industry to counter shoddy’s appeal: to make shoddy seem shoddy. Over time, shoddy would capture a host of personal, ethical, commercial, and societal failings. And yet, there was always, within shoddy, the alluring concept of regeneration, of what we today think of as conscious clothing, eco-fashion, sustainable textiles.
 
Shell exposes an interwoven tale of industrial espionage, political infighting, scientific inquiry, ethnic prejudices, and war profiteering. Discarded clothes may make many journeys over the course of several lifetimes. Not only in your garments, but under your rug, in your mattress pads, piano blankets, in the peculiar confetti-like stuffing in your mailing envelopes, even in the insulation in your walls. Though it began with wool, over the past century the shredding “devil” has turned to synthetics from nylon stockings to Kevlar. Shoddy is likely connected to something you are wearing right now. After reading, you will never use the word shoddy or think about your clothes, the environment, sustainability, or the intermingled world around you the same way again.
 

How women in turn-of-the-century Chicago used their consumer power to challenge male domination of public spaces and stake their own claim to downtown.

Popular culture assumes that women are born to shop and that cities welcome their trade. But for a long time America’s downtowns were hardly welcoming to women. Emily Remus turns to Chicago at the turn of the twentieth century to chronicle a largely unheralded revolution in women’s rights that took place not at the ballot box but in the streets and stores of the business district.

After the city’s Great Fire, Chicago’s downtown rose like a phoenix to become a center of urban capitalism. Moneyed women explored the newly built department stores, theaters, and restaurants that invited their patronage and encouraged them to indulge their fancies. Yet their presence and purchasing power were not universally appreciated. City officials, clergymen, and influential industrialists condemned these women’s conspicuous new habits as they took their place on crowded streets in a business district once dominated by men.

A Shoppers’ Paradise reveals crucial points of conflict as consuming women accessed the city center: the nature of urban commerce, the place of women, the morality of consumer pleasure. The social, economic, and legal clashes that ensued, and their outcome, reshaped the downtown environment for everyone and established women’s new rights to consumption, mobility, and freedom.

In this study, the appearance and location of shops in Amsterdam during the early modern period is linked to major changes in the urban economy, the size and socio-spatial distribution of its population, and the structure of the urban grid. Not only is there ample attention for the spatial distribution of shops across the urban landscape, but for the first time it is also accurately charted what the exterior and interior of Amsterdam shops looked like and how they changed in the course of the centuries. Partly as a result of this, it has proved possible to give an impression of the ways in which retailers and customers interacted.

In a society where trust is in short supply and democracy weak, the Mafia sells protection, a guarantee of safe conduct for parties to commercial transactions. Drawing on the confessions of eight Mafiosi, Diego Gambetta develops an elegant analysis of the economic and political role of the Sicilian Mafia.

Neoliberals often point to improvements in public health and nutrition as examples of globalisation's success, but this book argues that the corporate food and medicine industries are destroying environments and ruining living conditions across the world.

Scientist Stan Cox expertly draws out the strong link between Western big business and environmental destruction. This is a shocking account of the huge damage that drug manufacturers and large food corporations are inflicting on the health of people and crops worldwide. Companies discussed include Wal-Mart, GlaxoSmithKline, Tyson Foods and Monsanto. On issues ranging from the poisoning of water supplies in South Asia to natural gas depletion and how it threatens global food supplies, Cox shows how the demand for profits is always put above the public interest.

While individual efforts to "shop for a better world" and conserve energy are laudable, Cox explains that they need to be accompanied by an economic system that is grounded in ecological sustainability if we are to find a cure for our Sick Planet.

The contributors to Signal Traffic investigate how the material artifacts of media infrastructure--transoceanic cables, mobile telephone towers, Internet data centers, and the like--intersect with everyday life. Essayists confront the multiple and hybrid forms networks take, the different ways networks are imagined and engaged with by publics around the world, their local effects, and what human beings experience when a network fails.

Some contributors explore the physical objects and industrial relations that make up an infrastructure. Others venture into the marginalized communities orphaned from the knowledge economies, technological literacies, and epistemological questions linked to infrastructural formation and use. The wide-ranging insights delineate the oft-ignored contrasts between industrialized and developing regions, rich and poor areas, and urban and rural settings, bringing technological differences into focus.

Contributors include Charles R. Acland, Paul Dourish, Sarah Harris, Jennifer Holt and Patrick Vonderau, Shannon Mattern, Toby Miller, Lisa Parks, Christian Sandvig, Nicole Starosielski, Jonathan Sterne, and Helga Tawil-Souri.

Signs orient, inform, persuade, and regulate. They help give meaning to our natural and human-built environment, to landscape and place. In Signs in America’s Auto Age, cultural geographer John Jakle and historian Keith Sculle explore the ways in which we take meaning from outdoor signs and assign meaning to our surroundings—the ways we “read” landscape. With an emphasis on how the use of signs changed as the nation’s geography reorganized around the coming of the automobile, Jakle and Sculle consider the vast array of signs that have evolved since the beginning of the twentieth century.

Based on new fieldwork in 1997, Tracy Bachrach Ehlers has updated her classic study of the effects of economic development on the women weavers of San Pedro Sacatepéquez. Revisiting many of the women she interviewed in the 1970s and 1980s and revising her earlier hopeful assessment of women's entrepreneurial opportunities, Ehlers convincingly demonstrates that development and commercial growth in the region have benefited men at the expense of women.

A Financial Times Best Book of the Year
A Fortune Best Book of the Year
A ProMarket Best Political Economy Book of the Year

An essential guide to the intractable public debates about the virtues and vices of economic globalization, cutting through the complexity to reveal the fault lines that divide us and the points of agreement that might bring us together.

Globalization has lifted millions out of poverty. Globalization is a weapon the rich use to exploit the poor. Globalization builds bridges across national boundaries. Globalization fuels the populism and great-power competition that is tearing the world apart.

When it comes to the politics of free trade and open borders, the camps are dug in, producing a kaleidoscope of claims and counterclaims, unlikely alliances, and unexpected foes. But what exactly are we fighting about? And how might we approach these issues more productively? Anthea Roberts and Nicolas Lamp cut through the confusion with an indispensable survey of the interests, logics, and ideologies driving these intractable debates, which lie at the heart of so much political dispute and decision making. The authors expertly guide us through six competing narratives about the virtues and vices of globalization: the old establishment view that globalization benefits everyone (win-win), the pessimistic belief that it threatens us all with pandemics and climate change (lose-lose), along with various rival accounts that focus on specific winners and losers, from China to America’s Rust Belt.

Instead of picking sides, Six Faces of Globalization gives all these positions their due, showing how each deploys sophisticated arguments and compelling evidence. Both globalization’s boosters and detractors will come away with their eyes opened. By isolating the fundamental value conflicts—growth versus sustainability, efficiency versus social stability—driving disagreement and showing where rival narratives converge, Roberts and Lamp provide a holistic framework for understanding current debates. In doing so, they showcase a more integrative way of thinking about complex problems.

A Financial Times Book of the Year
A Fortune Book of the Year

“This book compels us to change our position, move out of our comfort zone, and see the world differently.”—Branko Milanovic, author of Capitalism, Alone

“A very smart book…not just about globalization, but also about the power and importance of narrative…Highly recommended.”—Anne-Marie Slaughter, CEO, New America

“An indispensable guide to how and why many people have abandoned the old, time-tested ways of thinking about politics and the economy. This is the book the world needs to read now.”—Richard Baldwin, author of The Great Convergence

When it comes to the politics of free trade and open borders, the camps are clear, producing a kaleidoscope of claims and counterclaims. But what exactly are we fighting about? Anthea Roberts and Nicolas Lamp cut through the confusion and mudslinging with an indispensable survey of the interests, logics, and ideologies driving these seemingly intractable arguments.

Instead of picking sides, Six Faces of Globalization guides us through six competing narratives about the virtues and vices of globalization, giving each position its due and showing how each deploys sophisticated arguments and compelling evidence. Both globalization’s boosters and detractors will come away with their eyes opened. By isolating the fundamental value conflicts driving disagreement—growth versus sustainability, efficiency versus social stability—and showing where rival narratives converge, this book provides an invaluable framework for understanding ongoing debates and finding a way forward.

Given the unprecedented demands on the U.S. military since 2001 and the risks posed by stress and trauma, there has been growing concern about the prevalence and consequences of sleep problems. This first-ever comprehensive review of military sleep-related policies and programs, evidence-based interventions, and barriers to achieving healthy sleep offers a detailed set of actionable recommendations for improving sleep across the force.

The Slow Food movement was set up in Italy as a response to the dominance of fast food chains, supermarkets and large-scale agribusiness. It seeks to defend what it calls 'the universal right to pleasure' and promotes an alternative approach to food production and consumption based on the promotion of 'good, clean and fair' local products.

This is the first in-depth study of the fascinating politics of Slow Food, which in twenty years has grown into an international organisation with more than 80,000 members in over 100 countries. With its roots in the 1960s and 1970s counter-culture, Slow Food's distinctive politics lie in the unity between gastronomic pleasure and environmental responsibility. The movement crosses the left-right divide to embrace both the conservative desire to preserve traditional rural communities and an alternative 'virtuous' idea of globalisation.

Geoff Andrews shows that the alternative future embodied in Slow Food extends to all aspects of modern life. The Slow Food Story presents an extensive new critique of fast-moving, work-obsessed contemporary capitalist culture.

The Department of Defense (DoD) may face challenges as it attempts to maintain its goal of spending about 23 percent of prime-contract dollars for goods and services with small businesses and at the same time apply strategic-sourcing practices to reduce total costs and improve performance and efficiency and in ways that will not conflict with small-business goals.