The Marginal Productivity Theory of Distribution (MPTD) claims that in a free-market economy the demand for a factor of production will depend upon its marginal product - where "e;marginal product"e; is defined as the change in total product that is caused by, or that follows, the addition or subtraction of the marginal unit of the factor used in the production process, with all other inputs held constant.
First published in 1986, Financial Reporting in India provides a comprehensive review of Indian financial reporting and makes a comparison with the United Kingdom.
These unique papers were originally read at a conference on the new economic history of Britain at Harvard in 1970, and each is accompanied by a summary of the discussion that followed it.
Volume 37B of Research in the History of Economic Thought and Methodology features a symposium on the work of Ludwig Lachmann, edited by Giampaolo Garzarelli.
From chatelaines to whale blubber, ice making machines to stained glass, this six-volume collection will be of interest to the scholar, student or general reader alike - anyone who has an urge to learn more about Victorian things.
This volume examines the leading professional societies since World War II - those in the free market economies of the United States, Britain, France, West Germany and Japan, and those in the collapsed command economies of East Germany and the Soviet Union.
Focusing on the interactions of producers, sellers and consumers of meat across the world, Richard Perren elucidates aspects of the evolution of the international economy and the part played by the investment of capital and the enterprise of individuals.
This book reconsiders the nature and formation of Asia's economic order during the 1930s and 1950s in light of the new historiographical developments in Britain and Japan.
Using Thai-language archival material, this book examines a crucial element in the dismantling of the traditional government structure and the installation of a Western-style administration - the creation of a modern Ministry of Finance.
Bernard Alford reviews the changing role, and diminishing influence, of Britain within the international economy across the century that saw the apogee and loss of Britain's empire, and her transformation from globe-straddling superpower to off-shore and indecisive member of the European Community.
Cultural Conflict and Adaptation (1990) examines the alienation and cultural conflicts faced at school by the children of a small group of Hmong who have settled in La Playa, California.
This volume surveys transnational encounters and entanglements between Germany and East Asia since 1945, a period that has witnessed unprecedented global connections between the two regions.
A century ago, John Maynard Keynes entered the Treasury to serve his country during the First World War, but as is well known, appalled by the terms of the end-of-war Treaty of Versailles, he abandoned the British delegation, outlining the predictable adverse results in the Economic Consequences of the Peace, published in 1919.
This book provides an in-depth account of the politics of the Eurozone crisis in Italy, Spain, Greece, Portugal, Cyprus and Malta, mapping the positions expressed by the governments of Southern EU countries during the Eurozone crisis negotiations, including Greece's bailout deal, the so-called "e;Six Pack"e; and the "e;Fiscal Compact"e; and exploring the process of domestic preference formation.
The revolutionary movements of 1905-1907 formed the first stage of the Russian Revolution, followed by an interval of peace and economic prosperity, but the outbreak of WWI and social unrest led to further revolutionary action in 1917 resulting in the abdication and murder of Tsar Nicholas II and the creation of the Soviet Union.
This book offers a detailed account, based on primary source materials from Britain, Canada, and Australia, of the process by which the Empire settlement programme and the Ottawa Agreements were devised.
Exploring the interplay of politics and commerce in one of the most dynamic periods of British history, this book traces the fortunes of the India and Eastern Trading Company Limited, established in 1906 to finance a jute plantation in Assam, north-east India.
A groundbreaking new historical analysis of how global capitalism and advanced democracies mutually support each otherIt is a widespread view that democracy and the advanced nation-state are in crisis, weakened by globalization and undermined by global capitalism, in turn explaining rising inequality and mounting populism.
The economics of the movie industry has been curiously neglected by scholars, especially given the material circumstances in which film has been produced, distributed and exhibited in capitalist economies and its central importance in the lives of the huge numbers attracted to it as a commodity.
"e;Economists agree about many things--contrary to popular opinion--but the majority agree about culture only in the sense that they no longer give it much thought.