øIn this thought-provoking book, Bart Nooteboom offers a radical critique of the principal intellectual and moral assumptions underlying economic science, unravelling the notion of markets: how they work and fail, and how they may be redirected to bett

Since 1946, Henry Hazlitt's bestselling Economics in One Lesson has popularized the belief that economics can be boiled down to one simple lesson: market prices represent the true cost of everything. But one-lesson economics tells only half the story. It can explain why markets often work so well, but it can't explain why they often fail so badly--or what we should do when they stumble. Quiggin teaches both lessons, offering an introduction to the key ideas behind the successes--and failures--of free markets. He explains why market prices often fail to reflect the full cost of our choices to society as a whole. Two-lesson economics means giving up the dogmatism of laissez-faire as well as the reflexive assumption that any economic problem can be solved by government action, since the right answer often involves a mixture of market forces and government policy. But the payoff is huge: understanding how markets actually work--and what to do when they don't. This book unlocks the essential issues at the heart of any economic question. --From publisher description.

Markets and Market Failure provides a comprehensive introduction to this important area.

Can capitalism have moral foundations? Though this question may seem strange in today's world of vast economic disparities and widespread poverty, discussions originating with the birth of capitalism add a critical perspective to the current debate on the efficacy and morality of capitalist economies. Authors Daniel Halliday and John Thrasher use this question to introduce classical political philosophy as a framework by which to evaluate the ethics of capitalism today. They revisit and reconstruct historical eighteenth- and nineteenth-century defenses of capitalism, as written by key proponents such as Adam Smith and John Stuart Mill. They ask what these early advocates of market order would say about contemporary economies, and argue for the importance of connecting these foundational defenses to discussions of economic systems and the roles they play in economic justice and injustice today. The textbook covers longstanding problems that are as old as the discussion of capitalism itself, such as wage inequality, global trade, and the connection between paid labor and human flourishing. It also addresses new challenges, such as climate change, the welfare state, and competitive consumption, and provides topical global case studies. Additionally, it includes study questions at the end of each chapter and an author-created companion website to help guide classroom discussion.

Comprehensive, cross-disciplinary coverage of Smart Grid issues from global expert researchers and practitioners. This definitive reference meets the need for a large scale, high quality work reference in Smart Grid engineering which is pivotal in the development of a low-carbon energy infrastructure. Including a total of 83 articles across 3 volumes The Smart Grid Handbook is organized in to 6 sections: Vision and Drivers, Transmission, Distribution, Smart Meters and Customers, Information and Communications Technology, and Socio-Economic Issues. Key features: Written by a team representing smart grid R&D, technology deployment, standards, industry practice, and socio-economic aspects. Vision and Drivers covers the vision, definitions, evolution, and global development of the smart grid as well as new technologies and standards. The Transmission section discusses industry practice, operational experience, standards, cyber security, and grid codes. The Distribution section introduces distribution systems and the system configurations in different countries and different load areas served by the grid. The Smart Meters and Customers section assesses how smart meters enable the customers to interact with the power grid. Socio-economic issues and information and communications technology requirements are covered in dedicated articles.The Smart Grid Handbook will meet the need for a high quality reference work to support advanced study and research in the field of electrical power generation, transmission and distribution. It will be an essential reference for regulators and government officials, testing laboratories and certification organizations, and engineers and researchers in Smart Grid-related industries.

Philosophers have not appreciated how pervasive and deep division of labor is, and consequently they have not noticed the many intellectual devices deployed in managing it. The Great Endarkenment makes the case that those devices are central pieces of puzzles that have traditionally been on philosophers' agendas.

Have you ever wondered who helped create the digital experiences you enjoy, such as watching a movie on a streaming service or chatting with a coworker on your company's messaging system? The answer is that many people were involved in the creation of each product, but the product manager is one of the most important parts of any digital experience's development. If you're a creative person who enjoys developing new products and services for a wide range of people, a career in product management could be right up your alley. So, what exactly is product management, and what makes a great product manager? Learn how to get started in a product management role, how PMs fit into various teams, and how to determine if a career in product management is right for you in this book. Even though product management is a critical part of any product development team, it hasn't always been a formalised position in digital companies for a long time. It is generally accepted that product management refers to a position within a product development team tasked with overseeing the smooth running of all phases involved in the creation of a product. Product managers are typically in charge of implementing product management practises. This includes developing and presenting product and feature concept pitches Product development is a collaborative effort between engineering and design teams to bring the product to life. A key difference between product and project management is this: product management focuses on the overall product vision, while project management focuses on the specifics of each individual project. As a product manager, you're like the executive chef of your company's product. Even though they work for a company that has a CEO, they don't own the restaurant they work in. Their overall success in the company's outputs and products, as well as shaping the vision of each feature that helps them achieve their goals and satisfy their customers, is, however, their responsibility. When it comes to launching new products and services, product managers play an important role. At the intersection of UX or user experience, engineering, and business leaders, they serve as the glue that keeps the shared product vision together. A product manager's most important role is to identify the product's success criteria; outline the product strategy; and explain how it will affect the customer and the company's objectives. The lack of a product owner's voice would make it difficult for teams to navigate the many competing interests in both large and small organisations. Despite the fact that all product management roles and product teams have similar responsibilities, there are a few nuances that are specific to the titles and descriptions of each position. It is common to come across titles that indicate different levels of product management experience, such as CEO, Product Owner, and Associate Product Manager.

More than 1.2 million households in South Africa live in informal settlements, without access to adequate shelter, services or secure tenure. There has been a gradual shift to upgrading these informal settlements in recent years, and there have been some innovative experiments. Upgrading Informal Settlements in South Africa: a partnership-based approach examines the successes and challenges of informal settlement upgrading initiatives in South Africa and contextualises these experiences within global debates about informal settlement upgrading and urban transformation. The book discusses: · The South African informal settlement upgrading agenda from local, national and international perspectives · South African ‘city experiences’ with informal housing and upgrading · The role of partnerships, actors and capabilities in pursuing an incremental upgrading agenda · Tools, instruments and methodologies for incremental upgrading · Implications of the upgrading agenda for the transformation of cities The book has been written and edited by a wide range of practitioners and researchers from government, NGOs, the private sector and academia. It covers theory and practice and represents a vast accumulated body of housing experience in South Africa.