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This book is born of my desire to summon us to be leaders for this time as things fall apart, to reclaim leadership as a noble profession that creates possibility and humaneness in the midst of increasing fear and turmoil. I know it is possible for leaders to use their power and influence, their insight and compassion, to lead people back to an understanding of who we are as human beings, to create the conditions for our basic human qualities of generosity, contribution, community and love to be...

America is in crisis. In the space of a generation, it has become more than ever a country of winners and losers, as industries have failed, institutions have disappeared and the country's focus has shifted to idolise celebrity and wealth. George Packer narrates the story of America over the past three decades, bringing to the task his empathy with people facing difficult challenges, his sharp eye for detail and a gift for weaving together engaging narratives. The Unwinding moves deftly back...

In einem Ungleichgewichtsansatz werden fur ein Modell einer offenen Volkswirtschaft die Bestimmungsgrunde von Inflation und Unterbeschaftigung im internationalen Zusammenhang untersucht. Diese modelltheoretische Ungleichgewichtsanalyse zeigt Rationierungssituationen in heimischen Markten und deren Folgen auf Auslandsmarkte (Spillover-Effekte) sowie auf das Sparverhalten. Durch Betrachtung fixer und flexibler Wechselkurse werden alternative Beeinflussungen des Inlandes durch induzierte Devisenver...

Angesichts der seit Ende der 60er Jahre zu beobachtenden Massierung gesamtwirtschaftlicher Zielverfehlungen stellt sich die Frage, ob die Ursachen fur die wenig befriedigenden Erfolge monetarer Stabilisierungspolitik nicht auch in einer ineffizienten, den veranderten institutionellen Rahmenbedingungen nicht mehr gerecht werdenden Organisationsweise des Notenbankwesens zu suchen sind. Die vorliegende Arbeit setzt sich kritisch mit einem von Prof. W. Engels unterbreiteten Vorschlag zur Reform der...

In this book, the authors gather and present current research in the study of inflation, deflation and disinflation. Topics discussed in this compilation include the Phillips curve model and inflation forecasting; inflation targeting and central bank policymaking; market-based measures of inflation expectations in the Euro area and inflation convergence in the context of EMU participation.

In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time. The term inflation once referred to increases in the money supply (monetary inflation); however, economic debates about the relationship between money supply and price levels have led to its primary use today in describing price inflation. Inflation can also be described as a decline in the real value of money -- a loss of purchasing power in the medium of exchange which is...

Contributing to the debate about the nature of politics in Weimar Germany, this study supports scholarship emphasizing that inept attempts to solve the intractable problems of stabilization contributed substantially to Weimar's decline, and it illuminates how conservative attempts to manipulate popular discontent left many Germans open to Nazi appeals. Hughes illustrates the problems arising in the aftermath of inflation and shows how these contributed to the overwhelming economic constraints G...

This book is based on a conference celebrating the 50th anniversary of the Deutsche Bundesbank. Since the 1950s, there have been fundamental changes in the monetary order and financial systems, in our understanding of the effects of monetary policy, the best goals for central banks and the appropriate institutional setting of central banks. Prominent monetary economists and central bankers give their views on the most significant developments during this period and the lessons we should draw fro...

The essays in this book, originally published in 1984, examine many problems within the structure of industry including wage policies, financial incentives and other economic policies. The book discusses the problems from two standpoints: that of the economist who is concerned with labour as a resource and the psychologist concerned with the behavioural activity of the labour force. This inter-disciplinary approach ensures the relevance of the essays to social scientists, managers and policy-mak...

This book, originally published in 1951, is a theoretical study inspired by some central economic problems which have appeared during and after the Second World War in many countries, including Scandinavia. It develops a monetary theory for repressed inflation, gives a number of definitions and concepts and explains the connection between the concepts. The investigation of the problems of repressed inflatin also serve as an introduction to the study of open inflation.