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Adam Smith

Rafat Allam

Analytic Summary of The Wealth of Nations

Book V: Of the Revenue of the Sovereign or Commonwealth

If discussions about interest rates, debt, or inflation sound like economic sorcery, you're not alone. Much of what we hear about macroeconomics-from politicians, pundits, or even professors-bears little resemblance to how economists think about policy and to people's actual experiences. Macro bridges that gap.In clear and engaging prose, Chicago economist Greg Kaplan demystifies how our everyday behavior, including how we spend and save, connects to the biggest questions in fiscal and monetary policy. Tracing the evolution of modern macroeconomics from Keynes to today, he guides readers through the models that are often used to explain our economy, uncovers their flaws, and reveals what cutting-edge research tells us about managing the economy in good times and bad. The journey culminates in HANK, a macroeconomic model co-created by Kaplan that is more consistent with reality. Macro offers a timely, new framework for understanding and shaping economics in the real world.

The Economic Models That Shape Our World

Macro

A novel perspective on monetary and fiscal policy that views money as the equity capital of a nation A conventional economic theory, monetarism, holds that inflation is a monetary phenomenon driven by changes in the supply of money. Yet recent experience—including the aftermath of the financial crisis of 2008 and the economic development of China—contradicts this basic prediction. In this book, leading economists Patrick Bolton and Haizhou Huang offer a novel perspective, viewing monetary economics through the lens of corporate finance. They propose a rich theory of money supply where money can be seen as the equity capital of a nation, playing a similar role as stocks for a company. This innovative framework integrates the real and monetary sides of the economy, with a banking sector and debt at its core. In the financial world, companies issue new shares only if it results in some kind of value creation; this is a basic principle of corporate finance that Bolton and Huang argue can be applied to monetary economics. When the government increases the money supply to finance positive net value investments—when it prints money to keep the economy going—it increases output, not inflation. This is evidenced by the strong growth in GDP and money in China over the last four decades, and in the United States during World War II. The effect of increasing money supply, they argue, depends on how money enters the system and what the money buys. The principles outlined by Bolton and Huang shed new light on a range of issues, including inflation, monetary and fiscal policy, central banking, money and growth, and the international monetary system.

New Monetary Principles for a More Prosperous Society

Money Capital

Celebrations & Festivals

Celebrate Freedom Day with a vibrant, joy-filled journey through the history and traditions of Juneteenth!&nbsp; &nbsp; Discover the meaning behind this important celebration that commemorates the end of slavery in the United States. Follow Jeremiah and his family as they prepare to honor Juneteenth and show how they celebrate Black culture and history all year round.&nbsp; &nbsp; From community projects and visits to historic landmarks to learning about Black history and achievements, this beautifully illustrated book radiates Black joy and champions community spirit.&nbsp; &nbsp; When June 19 arrives, join the family as they:&nbsp;<ul><li>Pray and thank their ancestors</li><li>Fly special flags and enjoy traditional Juneteenth recipes&nbsp;</li><li>Attend the big town parade, then head home for a lively party with music and dancing</li><li>Feast on Southern soul food, barbecue, and Jeremiah’s famous red velvet cupcakes&nbsp;</li><li>End the day with fireworks and heartfelt wishes for a happy Freedom Day ¿&nbsp;</li></ul> Along the way, you will:&nbsp;<ul><li>Meet relatable characters and learn about important people and events that shaped Black history&nbsp;</li><li>Write their own freedom song and create a freedom flag&nbsp;</li><li>Bake delicious tea cakes for their Juneteenth celebration&nbsp;</li></ul> The book also includes 16 pages of extra content—history, crafts, recipes, activities, and a quiz—to bring learning to life and deepen understanding of Juneteenth.&nbsp; &nbsp; Part of the Celebrations &amp; Festivals series, this engaging picture book is perfect for families and classrooms. With its gentle, age-appropriate voice and stunning illustrations, it offers a joyful, informative introduction to one of America’s most important holidays.&nbsp; &nbsp; Discover other titles in this series: Christmas, Dia de Muertos, Diwali, Easter, Halloween, Hanukah, Holi, Luna

Juneteenth

A former public defender takes us behind the closed doors of America's criminal courts, revealing how the institutions that claim to protect us are doing the exact opposite—and offering a blueprint for finally fixing it. “A searing, compassionate, and utterly necessary book that pulls back the curtain with the clarity of a lawyer and the heart of someone who’s seen the criminal legal system’s devastating consequences up close.”—Michelle Alexander, author of The New Jim Crow As Americans, we are told a rose-tinted story about our criminal courts—that these are the hallowed halls of justice, that the purpose of our legal process is to find the truth, and that those who enforce the law are both equitable and heroic. But what if the reality is purposefully obscured to hide something rotten at the system’s core? In The Price of Mercy, attorney and former public defender Emily Galvin Almanza weaves hard data and unforgettable stories, dark humor and compelling evidence to tell us the truth about what’s really going on behind the closed doors of America’s criminal courts. She shows us how jails actually increase future crime, the dirty tricks police use to make millions in overtime pay, how a man could spend decades in prison because scientists mistook dog hair for his own, the perverse incentives that push prosecutors to seek convictions even when they themselves don’t want to, and how judges may decide cases differently after lunch. We’ll learn what’s working, too: how public defenders can improve public health and even economic mobility, and how planting more trees can reduce a neighborhood’s murder rates. But a lone defender winning a case won’t change the system. Galvin Almanza argues that we need an engaged public to confront the stark reality of our crime-generating, poverty-entrenching, health-destroying legal apparatus and rebuild it into something that can save our collective present and prevent our future from being torn apart. Provocative and eye-opening, The Price of Mercy lifts the curtain on the way our laws really operate and presents a path forward for true transformation of the American criminal court system. Justice, and the law itself, is not some static thing. It is something enacted together, decision by decision, in acts of inhumanity or mercy.

A former public defender takes us behind the closed doors of America's criminal courts, revealing how the institutions that claim to protect us are doing the exact opposite—and offering a blueprint for finally fixing it. “A searing, compassionate, and utterly necessary book that pulls back the curtain with the clarity of a lawyer and the heart of someone who’s seen the criminal legal system’s devastating consequences up close.”—Michelle Alexander, author of The New Jim Crow As Americans, we are told a rose-tinted story about our criminal courts—that these are the hallowed halls of justice, that the purpose of our legal process is to find the truth, and that those who enforce the law are both equitable and heroic. But what if the reality is purposefully obscured to hide something rotten at the system’s core? In The Price of Mercy, attorney and former public defender Emily Galvin Almanza weaves hard data and unforgettable stories, dark humor and compelling evidence to tell us the truth about what’s really going on behind the closed doors of America’s criminal courts. She shows us how jails actually increase future crime, the dirty tricks police use to make millions in overtime pay, how a man could spend decades in prison because scientists mistook dog hair for his own, the perverse incentives that push prosecutors to seek convictions even when they themselves don’t want to, and how judges may decide cases differently after lunch. We’ll learn what’s working, too: how public defenders can improve public health and even economic mobility, and how planting more trees can reduce a neighborhood’s murder rates. But a lone defender winning a case won’t change the system. Galvin Almanza argues that we need an engaged public to confront the stark reality of our crime-generating, poverty-entrenching, health-destroying legal apparatus and rebuild it into something that can save our collective present and prevent our future from being torn apart. Provocative and eye-opening, The Price of Mercy lifts the curtain on the way our laws really operate and presents a path forward for true transformation of the American criminal court system. Justice, and the law itself, is not some static thing. It is something enacted together, decision by decision, in acts of inhumanity or mercy.

Unfair Trials, a Violent System, and a Public Defender's Search for Justice in America

The Price of Mercy

Applied legal philosophy in the advancing 21st century. Authors from different continents explore whether, how, and for whom legal-philosophical thinking can have an impact in light of the diverse and sometimes alarming developments and challenges facing today's world. Their contributions include application-oriented analyses, concepts of decision-making and legitimation, as well as legal-ethical guidance and positioning in response to current international problems. They also reflect on the prospective role of legal philosophy in a globalized world and its relationship to society, politics, and international law.
With contributions by 
Prof. Dr. Eckardt Buchholz-Schuster | Dr. Adela G¿siorowska | Prof. Dr. Daniel Herbe | Prof. Heidi M. Hurd | Dr. Hyungjoon Jun | Univ.-Prof. Dr. Stephan Kirste | Dr. Hyun Jung Lee | Prof. Win-Chiat Lee | Prof. John Murungi | Dr. Oche Onazi | Dr. Jordan Pascoe | Prof. Dr. Veronica Rodriguez-Blanco | Prof. Juan Pablo Sterling Casas | Full Professor el Philosohy of Law. Prof. Dra. Leonor Suárez -Llanos | Dr. Derk Venema

Thoughts and Concepts

Applied Philosophy of Law - Orientation in a Nervous World?

Hart Monographs in Transnational and International Law

This book delves into the legal and labour history of the Hashemite Kingdom of Iraq to explore the role international law and its institutions played in Iraq's state formation. Focusing on a turbulent period in global and Middle East history, it shows how the case of Iraq became a laboratory for experimentation with the concept of sovereignty by the Permanent Mandates Commission of the League of Nations in Geneva. This resulted in the development of a doctrine of 'semiperipheral sovereignty' to justify Iraq's independence from the Mandate process. This novel doctrine and its operation within the provisions of the 1930 Anglo- Iraq Treaty ensured the maintenance of British dominance over Iraq, especially to safeguard the extraction and transportation of its valuable oil resources to Western markets. The book traces how this legal doctrine impacted the everyday lives of working class Iraqis. It explores the governance of the extraterritorial spaces of capitalist accumulation and labour exploitation, in particular the Iraq Petroleum Company oil fi elds, the Iraq State Railways and the Port of Basra. It goes on to detail how the oil, railway and port workers led by the Iraqi Communist Party effectively organised themselves into a nationalist revolutionary labour movement. They waged an anti-colonial struggle against these imperial legal structures to improve their lot, leading up to the 1948 Wathba, the 1953 Intifada, and ultimately the July Revolution of 1958, which upended the British-sponsored monarchy. Spanning various international archives and Arabic primary source materials, this book offers an example of a social, legal and labour history written from below, centering ordinary working peoples' agency in the historiography of international law. Drawing on Third World Approaches to International Law (TWAIL) and Marxist methodologies, it emphasises the signifi cance of the semi-periphery in the making of the international legal order.

Investigates the legal and labour history of the Hashemite Kingdom of Iraq to explore the role international law played in Iraq’s state formation.

International Law, Labour Struggle, and the Making of Iraq

Manufacturing Sovereignty

'An excellent text, especially for its text, cases and materials approach'. Professor Adele Del Guerico, University of Naples The first edition of this seminal textbook made a significant impact on the teaching of EU external relations law. This third edition continues to be the leading text in the field. It retains its hallmark dual perspective, looking at questions from the EU constitutional law perspective (the principles, powers, and the role of the Court of Justice of the EU); and the international law perspective (the effect of international law, the position of the EU in international organisations such as the WTO). It continues to explore key policy areas such as trade, security and defence, police and judicial cooperation, the environment, human rights, drawing on the expertise of leading scholars in these fields. The books' 'text, cases and materials' approach, allows students to gain a thorough understanding of how EU law has developed, its judicial interpretation and scholarly appraisal. Lastly, each chapter concludes with a section entitled 'The Big Picture of EU External Relations Law', which weaves together the diverse and complex materials into a coherent whole and stimulates critical discussion of the topics covered. The new edition expands the policy documents and engages more deeply with scholarly discussions in the field. New contributors, including Marisa Cremona, Tamas Molnar and Viktor Szép bring a fresh perspective and expertise to the sector discussion. The text has benefitted from student assistants' participation to advise on writing style and approach, ensuring ease of use and comprehension.

Text, Cases and Materials

EU External Relations Law

For more than two centuries, economists and researchers have struggled with the conundrum of reconciling Adam Smith’s views on economics and ethics. While some held that Smith’s capitalism and free markets institutionalized selfishness, greed, inequality and injustice, others focused on his theory of the moral nature of all human persons and the application of conscience and self-restraint in capitalist activities. 
 Adam Smith and Modern Economics
 suggests that neither of these two conventional understandings alone is accurate and conducive to human flourishing. Smith put markets in the context of morality, observing that markets serve best when our moral sentiments are followed. In a remarkable convergence of inductive thinking, the contributors to this book set a new standard of scholarship and insight for our understanding of Adam Smith’s contributions as a master of political economy, where politics brings forth decision-making about priorities and values. The contributions integrate morals, values, and the universal intangible capitals of sociality and human resourcefulness with the more materialistic side of economic activity to advocate a system seeking equilibrium. They posit that when ethics and economics are integrated, wealth can be created for the good of all. 
 
 Commemorating the 250th anniversary of Adam Smith’s 
 The Wealth of Nations
 , this new and sympathetic understanding of Smith’s intentions and accomplishment is essential reading for academics and students of economics, politicians and bureaucrats, public policy planners, social justice activists, executives, and professionals.

Reclaiming the Moral High Ground

Adam Smith and Modern Economics

The addictive missing girl thriller where everyone has something to hide

Gone for Good

Studien zum Internationalen Wirtschaftsrecht – Studies on International Economic Law

Durch unternehmerische Tätigkeiten kommt es in den globalen Wertschöpfungsketten immer wieder zu Menschenrechtsverletzungen. Die Autorin untersucht, wie Staaten - insbesondere der Herkunftsstaat - Unternehmen aus völker- und verfassungsrechtlicher Sicht zu menschenrechtlichen Sorgfaltspflichten verpflichten können und welchen rechtlichen Grenzen sie dabei unterliegen. Im Mittelpunkt steht das deutsche Lieferkettensorgfaltspflichtengesetz, dessen Vorgaben umfassend analysiert werden. Ein ergänzender Blick auf ausgewählte afrikanische Staaten beleuchtet aktuelle gesetzgeberische Entwicklungen zum Ausbau des menschenrechtlichen Schutzes.

Durch unternehmerische Tätigkeiten kommt es in den globalen Wertschöpfungsketten immer wieder zu Menschenrechtsverletzungen. Die Autorin untersucht, wie Staaten – insbesondere der Herkunftsstaat – Unternehmen aus völker- und verfassungsrechtlicher Sicht zu menschenrechtlichen Sorgfaltspflichten verpflichten können und welchen rechtlichen Grenzen sie dabei unterliegen. Im Mittelpunkt steht das deutsche Lieferkettensorgfaltspflichtengesetz, dessen Vorgaben umfassend analysiert werden. Ein ergänzender Blick auf ausgewählte afrikanische Staaten beleuchtet aktuelle gesetzgeberische Entwicklungen zum Ausbau des menschenrechtlichen Schutzes.

Eine Untersuchung am Beispiel des Lieferkettensorgfaltspflichtengesetzes

Die völker- und verfassungsrechtlichen Grenzen menschenrechtlicher Regulierung internationaler Lieferketten

This book—the first to treat workplace culture like a garden instead of a construction project—offers the proven framework that transforms toxic environments into thriving ecosystems where all talent flourishes. Organizations fail when they treat culture like a construction project. But they thrive when they treat it like a garden, cultivating conditions for growth rather than engineering behavior through rigid blueprints. Award-winning consultant Abi Adamson introduces the SERN framework—Soil, Exposure, Roots, Nourishment—to guide leaders toward sustainable cultural transformation. Through compelling stories from her work redesigning cultures at Spotify, Sony Music, and the Gates Foundation, Adamson shows how to make the following positive changes: <ul><li>Detoxify organizational foundations</li><li>Ensure that diverse perspectives get real influence</li><li>Create authentic belonging</li><li>Distribute resources equitably</li></ul> Organizations using this approach report dramatic improvements in psychological safety, authentic engagement, and the ability to retain diverse talent pools. Unlike traditional culture initiatives focused on compliance and conformity, this framework helps leaders identify toxic environmental conditions, move beyond demographic headcounts to actual inclusion, enable people to contribute authentically, and recognize that equal treatment in unequal systems produces unequal outcomes. Set during a pivotal moment when workplace culture programs are being dismantled or reimagined, this practical guide offers leaders a sustainable alternative—treating culture as a living ecosystem that requires ongoing cultivation rather than a one-time structural fix.

This book, the first to treat workplace culture like a garden instead of a construction project, offers a proven framework that transforms toxic environments into thriving ecosystems where all talent flourishes. Organizations fail when they treat culture like a construction project. They thrive when they treat it like a garden, cultivating conditions for growth rather than engineering behavior through rigid blueprints. Award-winning consultant Abi Adamson introduces the SERN™ framework (Soil, Exposure, Roots, Nutrients) to guide sustainable cultural transformation. Drawing from her experience working with international clients, including Spotify, Sony Music, and Match Group, Abi shows how to do the following: <ul><li>Identify and detoxify the soil poisoning organizational foundations</li><li>Expose who's hoarding the light while others wither in shadows</li><li>Strengthen the root networks where real culture actually lives</li><li>Distribute the nutrients people actually need to thrive (hint: it's not pizza Fridays)</li></ul> Unlike traditional culture initiatives, focused on compliance and conformity, this framework reveals why expensive transformation efforts keep failing and how to spot "nutrient vampires" draining your best people. For C-suite leaders, executives, people managers, and anyone who has ever felt invisible at work, this guide offers a sustainable alternative: treating culture as a living ecosystem requiring ongoing cultivation, not a one-time fix. Because as Abi says, "We bloom together or we wilt alone."™

Nurturing Workplaces Where People Grow

Culture Blooming

While most scholarship on rights of nature in the international context has focused on comparison of national legal developments, this book offers an original and in-depth analysis of the intersection between rights of nature and the foundational principles of international law. By doing so, it contributes a distinctive and relevant perspective to the academic literature on international legal theory and environmental governance.

In Relation with Sovereignty and International Legal Personality as Fundamental Principles of International Law

International Rights of Nature

Analytic Summary of The Wealth of Nations

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