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Inequality and Stagnation : A Monetary Interpretation
The book examines how the outgrowth of the financial industry has contributed to the recent tendencies towards inequality and stagnation.It proposes a monetary interpretation of these events using a Classical–Keynesian theoretical approach derived from the work of Keynes and Sraffa.The approach moves from the distributive conflicts among economic and social groups, presuming that they influence the legislation shaping the organisation of the markets and the policy of the authorities.It argues that the degrees of liquidity of assets, which reflect the individual perceptions of their future prices, ultimately depend on the organisation of the markets and policy decisions. The development of his work persuaded Keynes that it was necessary to revolutionise the scientific foundations of economic discipline to effectively interpret events and recommend policies.He consequently introduced in 1932 a monetary theory of production.Following these lines, Sraffa proposed in Production of Commodities to take the rate of interest as an independent variable in the theory of distribution. Using the Classical–Keynesian approach, the book shows how the changes in legislation and policies since the abandonment of the Bretton Woods agreements have caused the outgrowth of finance and how these alterations have raised financial instability.It identifies various competitive mechanisms through which financial events can affect income distribution and growth, describing how they have triggered the recent tendencies towards inequality and stagnation. This book is essential reading for researchers studying the interactions among financial markets, distribution, and growth.
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Boom : Bubbles and the End of Stagnation
A timely investigation of the causes of technological and scientific stagnation, and a radical blueprint for accelerating innovation. “Read this book for the alternative history of our age.”—Peter Thiel, investor and author of Zero to One“A must-read for those who seek to build the future.”—Marc Andreessen, cofounder of Netscape and Andreessen HorowitzFrom the Moon landing to the dawning of the atomic age, the decades prior to the 1970s were characterized by the routine invention of transformative technologies at breakneck speed.By comparison, ours is an age of stagnation. Median wage growth has slowed, inequality and income concentration are on the rise, and scientific research has become increasingly expensive and incremental. Why are we unable to replicate the rate of progress of past decades?What can we do to reinvigorate innovation?In Boom, Byrne Hobart and Tobias Huber take an inductive approach to the problem.In a series of case studies tracking some of the most significant breakthroughs of the past 100 years—from the Manhattan Project and the Apollo program to fracking and Bitcoin—they reverse-engineer how transformative progress arises from small groups with a unified vision, vast funding, and surprisingly poor accountability.They conclude that financial bubbles, while often maligned as destructive and destabilizing forces, have in fact been the engine of past breakthroughs and will drive future advances.In other words: Bubbles aren’t all bad. Integrating insights from economics, philosophy, and history, Boom identifies the root causes of the Great Stagnation and provides a blueprint for accelerating innovation.By decreasing collective risk aversion, overfunding experimental processes, and organizing high-agency individuals around a transcendent mission, bubbles are the key to realizing a future that is radically different from the present.Boom offers a definite and optimistic vision of our future—and a path to unleash a new era of global prosperity.
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Boom: Bubbles and the End of Stagnation
Boom: Bubbles and the End of Stagnation
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Responsibility Beyond Growth : A Case for Responsible Stagnation
Critically assessing growth-based models of innovation policy, this enlightening study sparks new debate on the role and nature of responsible innovation. Drawing on insights from economics, politics, and science and technology studies, it proposes the concept of 'responsible stagnation' as an expansion of present discussions about growth, degrowth, responsibility and innovation within planetary limitations. This important intervention explores real-world relationships between the political economy, innovation policy and concepts of responsibility, and will be an invaluable resource for individuals and civil society organizations who seek to promote responsible innovation.
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Diminishing Returns : The New Politics of Growth and Stagnation
A set of state of the art empirical analyses at the country, regional, and global level that work from a new theoretical framework that analyzes the politics of growth and stagnation.As highlighted by the recent debate on 'secular stagnation,' economic growth has slowed down considerably, and this has given rise to a host of new problems, from financial instability to the collapse of mainstream parties.What happens when growth—the main mechanism of capitalist legitimation—is harder to come by and less broadly shared? And how should we think about capitalist diversity in the context of global stagnation?In Diminishing Returns, Lucio Baccaro, Mark Blyth, and Jonas Pontusson address these questions by bringing together a number of comparative and international political economists with expertise across many different countries and regions.Going beyond the methodological nationalism common in most comparative research, each author departs from a common theoretical framework, the Growth Model Perspective, and contributes to develop it further.The outcome is a new theoretical framework to help social scientists, policymakers, and opinion makers, understand the politics of growth and stagnation, which offers state of the art empirical analyses at the country, regional, and global level.
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Stagnation Total Noise Core 2011 Japanese 7" vinyl HCS-025
STAGNATION / CONTROL Total Noise Core (2011 Japanese 5-track 7 vinyl split EP from the Japanese Noisecore bands. Wrap-around picture sleeve with original yellow inner. ***Limited to only 1000 copies*** HCS-025) A1 Stagnation No.1A2 Stagnation No.2B1 Control SucideB2 Control Mind CollapseB3 Control Deception
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Singing Soviet Stagnation: Vocal Cycles from the USSR, 1964–1985
Singing Soviet Stagnation: Vocal Cycles from the USSR, 1964–1985 explores the ways in which the aftershock of an apparent crisis in Soviet identity after the death of Stalin in 1953 can be detected in selected musical- literary works of what has become known as the ‘Stagnation’ era (1964–1985).Richard Louis Gillies traces the cultural impact of this shift through the intersection between music, poetry, and identity, presenting close readings of three substantial musical-literary works by three of the period’s most prominent composers of songs and vocal cycles:• Seven Poems of Aleksandr Blok, Op. 127 (1966– 1967) by Dmitri Shostakovich (1906–1975)• Russia Cast Adrift (1977) by Georgy Sviridov (1915–1998)• Stupeni (1981–1982; 1997) by Valentin Silvestrov (b. 1937). The study elaborates an interdisciplinary approach to the analysis of musicalliterary artworks that does not rely on existing models of musical analysis or on established modes of literary criticism, thereby avoiding privileging one discipline over the other.It will be of particular signifi cance for scholars, students, and performers with an interest in Russian and Soviet music, the intersection between music and poetry, and the history of Russian and East European culture, politics, and identity during the twentieth century.
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Nuclear Power in Stagnation : A Cultural Approach to Failed Expansion
This book studies the extent to which nuclear safety issues have contributed towards the stagnation of nuclear power development around the world, and accounts for differences in safety regulations in different countries. In order to understand why nuclear development has not met widespread expectations, this book focusses on six key countries with active nuclear power programmes: the USA, China, France, South Korea, the UK, and Russia.The authors integrate cultural theory and theory of regulation, and examine the links between pressures of cultural bias on regulatory outcomes and political pressures which have led to increased safety requirements and subsequent economic costs.They discover that although nuclear safety is an important upward driver of costs in the nuclear power industry, this is influenced by the inherent need to control potentially dangerous reactions rather than stricter nuclear safety standards.The findings reveal that differences in the strictness of nuclear safety regulations between different countries can be understood by understanding differences in cultural contexts and the changes in this over time.This book will be of great interest to students, scholars, and policymakers working on energy policy and regulation, environmental politics and policy, and environment and sustainability more generally.
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