A group history of the Austrian School of Economics, from the coffeehouses of imperial Vienna to the modern-day Tea Party The Austrian School of Economics--a movement that has had a vast impact on economics, politics, and society, especially among the American right--is poorly understood by supporters and detractors alike. Defining themselves in opposition to the mainstream, economists such as Ludwig von Mises, Friedrich Hayek, and Joseph Schumpeter built the School's international reputation with their work on business cycles and monetary theory. Their focus on individualism--and deep antipathy toward socialism--ultimately won them a devoted audience among the upper echelons of business and government. In this collective biography, Janek Wasserman brings these figures to life, showing that in order to make sense of the Austrians and their continued influence, one must understand the backdrop against which their philosophy was formed--notably, the collapse of the Austro-Hungarian Empire and a half-century of war and exile.

Going beyond the standard workout for boxers, this innovative manual introduces a diverse set of training methods, integrating them into drill sets that build the athletic attributes for which past and present fighters are known. From Leroy Jones sparring with chickens and Ken Norton’s 15 combined rounds of shadow boxing, sparring, and bag work to Ricky Hatton’s staggering 12-round sparring bouts with a body belt and Kosta Tszyu’s creative tennis-ball and head-strap punching apparatus, this guide highlights a wide vocabulary of exercises, all incorporating boxing-specific equipment. The drills can be performed solo or with a partner, and each piece of equipment is approached individually with detailed descriptions of routines, including floor exercises and drills with the heavy bag, medicine ball, horizontal rope, and jump rope. With two workout menus for weight training, this guide guarantees a regime to suit any individual need—be it professional or simply a desire to train like some of the best athletes in the world.

"Papers presented at a conference held at the Villa Serbelloni, Bellagio, Italy, August 22-28, 1971."

The final section considers the political ramifications of information technology for critical societal debates ranging from privacy to intellectual property. The contributors to the book map out how the digital revolution shakes up politics, creating new economic and political winners and losers. In order to do so, they connect theories of political economy to the implications of digital technology for international as well as national markets.Attempts to construct a framework for analyzing the international digital era: one that examines the ability of political actors to innovate and experiment in spite of, or perhaps because of, the constraints posed by digital technology. This book examines the reaction of nations to the dual challenges of globalization and technological change.How do high wage countries stay rich in a global digital economy? "How Revolutionary was the Revolution" constructs a framework for analyzing the international digital era: one that examines the ability of political actors to innovate and experiment in spite of, or perhaps because of, the constraints posed by digital technology. In order to assess the revolutionary nature of the digital era, this book takes four overlapping approaches. First, it examines the reaction of nations, specifically Finland, Japan, and emerging markets, to the dual challenges of globalization and technological change. This section identifies both successful and failed national experiments intended to deal with these dual pressures. Second, it assesses corporate attempts to leverage digital technology to reorganize work. A broad range of issues including off-shoring, open source production systems, and knowledge management are addressed. Third, devoting detailed analysis to the case of mobile telephones, the book offers insights into the political economy of market evolution in the digital era.

What is creative destruction? Creative destruction, what the economist Joseph Schumpeter called “the essential fact about capitalism," describes change or disruption in the economy caused by innovations that replace traditional technologies and practices. Creative destruction is a force so powerful that it has not only shaped economies but also politics, culture, and social relations. In clear and accessible prose, Dalton and Logan illustrate the nature and varieties of creative destruction, how it is central to innovation and entrepreneurship, and why it is important for economic growth. With in-depth case studies of how Netflix challenged and displaced Blockbuster, and how Uber and other ride-sharing companies are disrupting traditional taxi services, this book examines how economies, societies, and cultures change due to the innovation and experimentation that is central to the prosperity of free societies.

This volume is devoted to a reappraisal of the Marginal Revolution on the occasion of its 150th anniversary. The year 1871 should be remembered as one of the most important turning points in the history of economics. W. S. Jevons, C. Menger, and L. Walras published epochal works at the very beginning of the 1870s. Although these works were written independently, they shared a common mathematical structure based on classical analysis. For this reason, the emergence of the trio is called the Marginal Revolution. Indeed, 1871 is the starting point of modern economics in the proper sense. In 1971, several academic conferences were held on the occasion of the 100th anniversary of the Revolution, which exerted the stimulating influence upon the historical researches into the Revolution. Now more than fifty years have passed since then. Economic theory has experienced further substantial changes in researchers’ central interest, the way of reasonings and the styles of description during this period. In view of the new achievements acquired in recent fifty years, it seems an indispensable task for us to review and reevaluate the Marginal Revolution based upon the present status of economics. We also keep in mind that some concepts and doctrines once discarded could reappear in a later stage of history in a more or less transfigured form. The introductory chapter will be a guide for readers not only from the economics community but also from the mathematics community.

Modern economies reward activities that extract value rather than create it. This must change to ensure a capitalism that works for us all. Shortlisted for the FT & McKinsey Business Book of the Year Award A scathing indictment of our current global financial system, The Value of Everything rigorously scrutinizes the way in which economic value has been accounted and reveals how economic theory has failed to clearly delineate the difference between value creation and value extraction. Mariana Mazzucato argues that the increasingly blurry distinction between the two categories has allowed certain actors in the economy to portray themselves as value creators, while in reality they are just moving around existing value or, even worse, destroying it. The book uses case studies-from Silicon Valley to the financial sector to big pharma-to show how the foggy notions of value create confusion between rents and profits, reward extractors and creators, and distort the measurements of growth and GDP. In the process, innovation suffers and inequality rises. The lesson here is urgent and sobering: to rescue our economy from the next inevitable crisis and to foster long-term economic growth, we will need to rethink capitalism, rethink the role of public policy and the importance of the public sector, and redefine how we measure value in our society.

Papers from a conference held on 15-17 April, 1989, to commemorate the acquistion by the Duke University of the papers of Carl Menger.

How can one European capital be responsible for most of the West’s intellectual and cultural achievements in the twentieth century? Viennese ideas saturate the modern world. From California architecture to Hollywood Westerns, modern advertising to shopping malls, orgasms to gender confirmation surgery, nuclear fission to fitted kitchens—every aspect of our history, science, and culture is in some way shaped by Vienna. The city of Freud, Wittgenstein, Mahler, and Klimt was the melting pot at the heart of a vast metropolitan empire. But with the Second World War and the rise of fascism, the dazzling coteries of thinkers who squabbled, debated, and called Vienna home dispersed across the world, where their ideas continued to have profound impact. Richard Cockett gives us the entirety of this extraordinary story. Tracing Vienna’s rich intellectual history from psychoanalysis to Reaganomics, Cockett encompasses everything from the communist rebels of Red Vienna to the neoliberal economists of the Austrian School. This is the panoramic account of how one city made the modern world—and how we all remain inescapably Viennese.

This book studies three female Chinese intellectuals in the first half of the 20th century, namely Feng Yuanjun, Lu Yin, and Cheng Junying, the first graduates of Beijing Female Higher Normal College, which was the first-ever national higher educational institution for women in modern China. Combining narrative inquiry, life history, oral history, and psychohistory methods, it comprehensively explores the specific developmental paths and mental processes of the post-May Fourth female intellectuals, and examines the complex interrelationships between various factors including social, academic, gender, and educational evolution in the first half of the 20th century, and the emergence of modern Chinese female intellectuals. The book is highly recommended for all scholars, undergraduate and graduate students of modern Chinese history, gender and women’s studies, history of education, history of higher education, etc., and for all those who are interested in female Chinese intellectuals.