This elegantly written book argues against the conventional wisdom that prevails in academic and official circles. According to this essentially neo-classical theory, the rate of interest depends solely on the amount of savings with respect to investment needs. It is implied that the high level of interest rates is not an economic policy problem but a fact of 'nature' - unpleasant, perhaps, but unalterable in the short term without heavy costs. The alternative perspective offered in this book is a Keynesian one, in which the explanation of economic facts can never be separated from the role of economic policy. This view posits interest rates as a 'conventional' phenomenon, rooted in the perceptions and expectations of a now global financial market. That is, they are self-fulfilling rather than inescapable costs. The essential economic facts of the last twenty years bear out the truth of this Keynesian approach to interest rates, and are at odds with neo-classical (Fisher-Wicksell) theory. The implication, then, is that the world is not condemned to a high rate of interest, with the risk of low investment, rising public indebtedness, stagnation, and unemployment. Conscious economic policies, coordinated at the international level, are capable of turning this largely conventional price towards non-inflationary growth.
Setting / LocationGlobal
Story EraModern Era
Protagonist / CoreThe high price of money Lead Character
Traces the evolution of the American Recovery and Reinvestment Act of 2009 while offering insight into its fiercely partisan supporters and detractors, explaining how the money was spent and what will be the most likely outcome.
, of the classic monograph on the discovery of the ubiquitous phenomenon of osmosis — the movement of water across living cell membranes in the presence of a solute concentration gradient across the membrane. Pfeffer was the first scientist to measure quantitatively the magnitude of this osmotic pressure. Subsequently, based on Pfeffer's work, van't Hoff presented his famous equation for osmotic pressure that led to his eventual Nobel prize in Chemistry. It is a seminal work in biology and physiology.
"Get a solid introduction to networking fundamentals using this practical guideLearn the basics of networking with this hands-on introductory resource. You'll get all the core information you need to get started--including design and configuration, hardware, networking protocols, clients, security--plus, you'll get 8 pages of blueprints that map out basic network design topologies. Now updated in a new edition, this guide contains expanded coverage of TCP/IP, firewalls and encryption methods, disaster recovery, NetWare 5.1, Linux, and Windows 2000 Server. Written in a clear, easy-to-understand style this book offers the right mix of key concepts and technical know-how to make this invaluable for both novices and more experienced network professionals alike. Whether you're just beginning your career in networking, studying for a networking certification exam, or looking to refresh your current knowledge this is the only book you need.Gain an understanding of networking from a corporate perspective Learn the differences between peer-to-peer and client-server networking Get details on networking hardware components and the OSI model Understand LAN and WAN connections--including ethernet, token ring, ATM, frame relay, and more Work with network protocols--TCP/IP, DNS, Telnet, AppleTalk, IPX/SPX and others Choose backup strategies and learn about disaster recovery methods Install, set up, and administer NetWare 5.1, Windows 2000 Server, and Linux Maintain and troubleshoot workstations effectively"
While trying to play the games at a seemingly harmless Website, Jess and her friend Matt are sucked into a cyberworld filled with characters from familiar fairy tales, all controlled by the evil Granny Goose.
The high price of money by Pierluigi Ciocca and Giangiacomo Nardozzi | Literally Just Books