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Max Steuer

Dangerous Guesswork In Economic Policy

&lt;p&gt;Chapter 1. Greed and Ignorance.- Chapter 2. What is an Economist?.- Chapter 3. The Economy and the Many Economies.- Chapter 4. Kinds of Advisers.- Chapter 5. The Scope and Methods of Economics.- Chapter 6. Excessive Inequality.- Chapter 7. Choosing an Economic Adviser.- Chapter 8. Prevailing Problems.- Chapter 9. Individual virtues, Social Benefits.- Chapter 10. The Adviser and the Government.&lt;/p&gt;&lt;p&gt;&lt;/p&gt;

It's Not too Late to Build Toward a Better Future!Rick Caruso has earned a reputation for being a problem solver--somebody who's not afraid of facing big challenges. From his appointment to Water Commissioner and later Police Commissioner in Los Angeles to his bold real estate ventures, Caruso made the decisions he felt were right, even in the face of staunch adversity. In Its Not Too Late, Caruso shares the lessons he learned from his experiences while offering us all a path forward to a better future. At a time when more importance is placed on choosing sides than actually getting things done (let alone done right), Caruso offers refreshing perspective and will teach you how to let go of false divisions, and instead to embrace the search for actual answers and solutions.Togetherness, brotherhood, sisterhood, faith in each other, respect for each other, the ideals preached in almost every faith on Earth are the way forward, no matter how difficult the climb in front of us may seem. And ultimately, the only way we will get back on that path is for each of us to step up, with integrity, in whatever small way we can: for our kids, for our communities, for our country, and for each other.

It’s Not too Late to Build Toward a Better Future!

The Power of Finding Steadfast Solutions

It's Not Too Late

Since the global financial crisis of 2008, there have been increasing frequency of global crises, including large-scale conflicts, the COVID-19 pandemic, the environmental crisis, and a general worsening of geopolitical tensions and structural inequality. Despite the global impact of these intersecting crises, the way in which they have been understood and responded to has been far from uniform. This edited volume focuses on the concept of ‘crisis’ through an interdisciplinary lens, analysing the term and comparing how it is being applied in different disciplines and across different sectors of society. 
The volume focuses on cases of crisis from Iceland, a small country with a high visibility in certain crises. This scope allows the contributors to cover a broad section of the Icelandic economy, government and society, offering a uniquely rounded analysis and extensive global comparison. It will be of great interest to scholars and students across different disciplines in social sciences, such as business, anthropology, sociology, change management, as well as practitioners and policymakers in the business of resilience and strategic crisis management.

An Interdisciplinary Analysis of Crisis Management, Perceptions, and Organizational Responses in Iceland

Crisis in Context

Das Fachbuch verknüpft die Diskussion virtueller Währungen mit möglichen Auswirkungen von Bitcoin und Co. auf Zentralbankpolitik. Es richtet sich sowohl an Wissenschaftler, Experten und Praktiker als auch an interessierte Laien. Im ersten Teil bietet es einen Überblick über Geld, Geldtheorien und die Funktionsweise des konventionellen Geldsystems sowie seine aktuellen Probleme und Herausforderungen. Zu letzteren zählen insbesondere virtuelle Währungen, allen voran Bitcoin. Der zweite Teil des Buches widmet sich daher zunächst ausführlich ihrer Abgrenzung zu Fiatgeld, ihren Nutzern und Regulierungsfragen. Das Hauptaugenmerk liegt schließlich auf der Bedeutung virtueller Währungen für Zentralbanken im Hinblick auf Auswirkungen auf den Geldmarkt und weitere relevante Politikfelder. Hier werden mögliche Reaktionen der Zentralbanken diskutiert und ob virtuelle Währungen eine ernstzunehmende Gefahr für das Geldschöpfungsmonopol sowie eine tatsächliche Konkurrenz im Geldsystem darstellen. Das Buch schließt mit einem Blick auf die Blockchain-Technologie und ihrer Bedeutung für verschiedene Finanzbranchen.
 
 Die AutorinDr. Beate Sauer ist wissenschaftliche Mitarbeiterin und Postdoc am Institut für Ökonomie und Recht der globalen Wirtschaft an der Universität der Bundeswehr München und Dozentin für volkswirtschaftliche Vorlesungen an der Hochschule des Bundes für öffentliche Verwaltung in Haar.

Das Fachbuch verknüpft die Diskussion virtueller Währungen mit möglichen Auswirkungen von Bitcoin und Co. auf Zentralbankpolitik. Es richtet sich sowohl an Wissenschaftler, Experten und Praktiker als auch an interessierte Laien. Im ersten Teil bietet es einen Überblick über Geld, Geldtheorien und die Funktionsweise des konventionellen Geldsystems sowie seine aktuellen Probleme und Herausforderungen. Zu letzteren zählen insbesondere virtuelle Währungen, allen voran Bitcoin. Der zweite Teil des Buches widmet sich daher zunächst ausführlich ihrer Abgrenzung zu Fiatgeld, ihren Nutzern und Regulierungsfragen. Das Hauptaugenmerk liegt schließlich auf der Bedeutung virtueller Währungen für Zentralbanken im Hinblick auf Auswirkungen auf den Geldmarkt und weitere relevante Politikfelder. Hier werden mögliche Reaktionen der Zentralbanken diskutiert und ob virtuelle Währungen eine ernstzunehmende Gefahr für das Geldschöpfungsmonopol sowie eine tatsächliche Konkurrenz im Geldsystem darstellen. DasBuch schließt mit einem Blick auf die Blockchain-Technologie und ihrer Bedeutung für verschiedene Finanzbranchen.

Konkurrenz im Geldsystem?

Virtuelle Währungen und Zentralbanken

This book provides an in-depth legal examination of limited partnership in the context of China's venture capital and private equity market. It aims to provide an authoritative and timely evaluation of the Chinese partnership law and limited partnership regime and will be a valuable tool for practitioners who need a readily available source of information on Chinese partnership law and those who wish to understand how the Chinese partnership regime operates and functions. The book explains the essential characteristics of Chinese partnership law and Chinese limited partnership, highlighting difficult and developing areas by examining relevant legislation and recent cases. In addition to Chinese authorities, it also covers legislation and cases from overseas jurisdictions, such as the UK and the US. New developments such as the amendments to the PRC Partnership Enterprise Law 2007, new legislation and regulations on foreign partnerships and private equity funds are also covered. The book explains the essential areas of Chinese limited partnership such as management and control, duties and liabilities of partners, remedies for limited partners, dissolution, liquidation and taxation. Based on thorough comparative and empirical studies, the book examines existing and potential legal problems under the current law and offers key proposals for practitioners and lawmakers. The empirical problems identified in the book may also guide subsequent discussion and legislation on the limited partnership model and the ongoing debate on new business vehicles.

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This book provides an in-depth legal examination of limited partnership in the context of China’s venture capital and private equity market. It aims to provide an authoritative and timely evaluation of the Chinese partnership law and limited partnership regime and will be a valuable tool for practitioners who need a readily available source of information on Chinese partnership law and those who wish to understand how the Chinese partnership regime operates and functions. The book explains the essential characteristics of Chinese partnership law and Chinese limited partnership, highlighting difficult and developing areas by examining relevant legislation and recent cases. In addition to Chinese authorities, it also covers legislation and cases from overseas jurisdictions, such as the UK and the US. New developments such as the amendments to the PRC Partnership Enterprise Law 2007, new legislation and regulations on foreign partnerships and private equity funds are also covered. The book explains the essential areas of Chinese limited partnership such as management and control, duties and liabilities of partners, remedies for limited partners, dissolution, liquidation and taxation. Based on thorough comparative and empirical studies, the book examines existing and potential legal problems under the current law and offers key proposals for practitioners and lawmakers. The empirical problems identified in the book may also guide subsequent discussion and legislation on the limited partnership model and the ongoing debate on new business vehicles.

Legal Perspectives on Venture Capital and Private Equity

The Limited Partnership in China

Financial and Monetary Policy Studies

Estimation Methodologies and Empirical Evidence

The Impact of Monetary Policy

Contributions to Economics

This book offers a new governance framework for understanding how countries with limited institutional capacity can pursue economic catch-up in the digital age. This book introduces the concept of the Developmental Network State (DNS) to explain how learning, coordination, and embeddedness enable capability development under conditions of constraint. Focusing on transitional economies in Southeast Europe, it examines how fragmented institutions, donor dependence, and political volatility shape technological upgrading and industrial transformation.
Drawing on extensive fieldwork, stakeholder interviews, and comparative analysis, the book explores digital entrepreneurship, agri-food upgrading, and integration into automotive supply chains in low-capacity environments. It highlights themes such as governance as a meta-capability, industrial policy under digital disruption, and the role of diasporas and donors in shaping development trajectories. This interdisciplinary study will appeal to researchers, graduate students, policy advisors, and development practitioners interested in industrial policy, innovation systems, and governance reform in latecomer economies.

This book offers a new governance framework for understanding how countries with limited institutional capacity can pursue economic catch-up in the digital age. This book introduces the concept of the Developmental Network State (DNS) to explain how learning, coordination, and embeddedness enable capability development under conditions of constraint. Focusing on transitional economies in Southeast Europe, it examines how fragmented institutions, donor dependence, and political volatility shape technological upgrading and industrial transformation.Drawing on extensive fieldwork, stakeholder interviews, and comparative analysis, the book explores digital entrepreneurship, agri-food upgrading, and integration into automotive supply chains in low-capacity environments. It highlights themes such as governance as a meta-capability, industrial policy under digital disruption, and the role of diasporas and donors in shaping development trajectories. This interdisciplinary study will appeal to researchers, graduate students, policy advisors, and development practitioners interested in industrial policy, innovation systems, and governance reform in latecomer economies.

Capabilities, Governance and Industrial Policy in Transitional Europe

Catching Up in the Digital Age

In an era where public finance reform is more critical—and more complex—than ever, this Palgrave Pivot offers both clarity and actionable insight. Part A provides a comprehensive overview of the core issues at stake in reforming public finances, drawing heavily on IMF and World Bank experiences: What exactly does reform mean? What are the root causes and main forms of the problems countries face? "Which best practices and country examples, including AI opportunities and challenges, illuminate the path forward?" And crucially, what obstacles stand in the way of sustainable, effective change?

Part B delivers a concise, comparative assessment of 70 distinct reform types, weighing their advantages and disadvantages and offering a practical framework for prioritization. Using ten clear criteria, the book helps decision-makers determine which reforms are both urgent and feasible—cutting through the noise of overambitious strategies and highlighting what truly matters.

Challenging the status quo, the book critiques the prevailing technocratic approach to public finance reform, arguing for a shift toward managing political complexity and fostering institutional collaboration. It recognizes that while reform is often framed as a technical challenge, it is inherently political—disrupting entrenched interests, reallocating resources, and confronting inefficiency and corruption. Written for policy makers, finance ministers, their deputies, and senior advisors, this book seeks to move beyond one-size-fits-all solutions and drive real, lasting change in public finance.

In an era where public finance reform is more critical—and more complex—than ever, this Palgrave Pivot offers both clarity and actionable insight. Part A provides a comprehensive overview of the core issues at stake in reforming public finances,&nbsp;drawing heavily on IMF and World Bank experiences: What exactly does reform mean? What are the root causes and main forms of the problems countries face? “Which best practices and country examples, including AI opportunities and challenges, illuminate the path forward?” And crucially, what obstacles stand in the way of sustainable, effective change?Part B delivers a concise, comparative assessment of 70 distinct reform types, weighing their advantages and disadvantages and offering a practical framework for prioritization. Using ten clear criteria, the book helps decision-makers determine which reforms are both urgent and feasible—cutting through the noise of overambitious strategies and highlighting what truly matters.Challenging the status quo, the book critiques the prevailing technocratic approach to public finance reform, arguing for a shift toward managing political complexity and fostering institutional collaboration. It recognizes that while reform is often framed as a technical challenge, it is inherently political—disrupting entrenched interests, reallocating resources, and confronting inefficiency and corruption.&nbsp;Written for policy makers, finance ministers, their deputies, and senior advisors, this book seeks to move beyond one-size-fits-all solutions and drive real, lasting change in public finance.

What Works, What Fails, and Why

Reforming Public Finances

Digital Revolution for the Vulnerable tells a grounded, sometimes uncomfortable, and ultimately hopeful story about Bangladesh’s push to shift social protection from paper registers to mobile screens—from cash to code. Instead of getting lost in jargon and big promises, the book stays close to real lives: people receiving old age allowances, widows and destitute women relying on small but vital stipends, and the local officials trying to make a new system work. It traces how mobile money and government¿töperson (G2P) payments can reduce leakage, sideline middlemen, and speed up transfers, while still leaving many behind because of gender norms, where they live, what they can read, and who holds power. Drawing on detailed fieldwork and clear-eyed policy thinking, the authors show what actually works on the ground, what falls apart in practice, and what needs to change so that digital cash transfers respect people’s dignity and strengthen their voice, rather than simply making the system more efficient.

The Untold Story of Bangladesh’s Social Safety Net Transformation

Digital Revolution for the Vulnerable

Global Perspectives on Wealth and Distribution

Regulation, Product Liability, and the Opioid Crisis

The Economics of Pain

Equality law is audist. Deaf communities around the world continue to encounter Deaf Legal Exclusion through legal frameworks that define them narrowly and restrict their rights. This book examines why these frameworks have not delivered equality in practice. It argues that the core issue is structural misrecognition: law protects deaf people only when they accept a definition based on impairment. Sign language, culture and community are treated as secondary. What appears to be inclusion is often a Deaf Legal Illusion: equality claimed in principle but absent in practice. The book analyses five models used to categorise deaf people in law and policy: disability, language minority, culturo-linguistic community, ethnic group and Indigenous group. Some appear in legislation; others are found in scholarship and advocacy. Each reflects only part of deaf people's lives. Drawing on doctrinal and socio-legal analysis of the Equality Act 2010, case law of the ECtHR, and the UN Convention on the Rights of Persons with Disabilities, the book critiques how equality law relies on narrow definitions of fairness. It explores formal, substantive and transformative precepts of equality, assessing their ability to reflect deaf people's experiences. It identifies the audist assumptions built into legal systems that expect deaf people to adapt to hearing norms, while withholding full recognition of sign language and community belonging. In response, the book proposes the Deaf Rights Model, which brings the five models together as complementary rather than competing. Alongside Deaf Equality Concepts, it offers a framework in which sign language, culture and community become central to legal thinking about equality. The Deaf Legal Dilemma establishes Deaf Legal Studies as a field grounded in the priorities and expertise of deaf communities. It invites lawmakers, practitioners and scholars to rethink the purpose of the law and the structures through which deaf people are recognised.

Challenging Equality Law

The Deaf Legal Dilemma

Developments in Health Economics and Public Policy

As the need for long-term care expands, evaluating the roles of its primary providers—the state, the market, and the family—becomes increasingly essential. This book first examines recent research on the contributions of families and the marketplace to long-term care. Noting the decreasing involvement of families and the limitations of market-based solutions, it then shifts focus to studies that explore public policy development aimed at supporting elderly individuals without family assistance or adequate resources. These policies aim to create a comprehensive support system by utilizing both market mechanisms and family resources to meet the needs of the dependent elderly.The book also provides a comparative analysis of how various countries, especially in Europe and North America, address disability and dependence in their long-term care systems, offering insights into diverse strategies and solutions. This cross-country perspective identifies effective practices and highlights areas requiring further development in social insurance and support frameworks. Through this exploration, the book seeks to deepen understanding of the influence of social norms and family solidarity on long-term care provision, emphasizing how these elements can be integrated into more resilient public policy structures.

The Contribution of Family, State and Market to Elder Care

The Economics of Long-term Care

As societies struggle to respond to the revival of private renting, this book offers the first comprehensive and critical account of the inequality at the heart of contemporary housing systems. Bringing together cutting-edge research and case studies from a host of countries - from the USA to Australia, from Spain to Germany - Michael Byrne examines inequality, financialization, the rise of 'generation landlord' and evictions. He analyses the everyday power dynamics between landlords and tenants and the social and economic structures that mean the ownership of residential property is concentrated in fewer and fewer hands. Moving beyond the kind of thinking that treats landlordism as natural and inevitable, Byrne's political economy framework demonstrates how declining homeownership and its consequences for inequality and housing justice are major political challenges for contemporary societies. At the same time, a new generation of tenant activism can point the way to fairer housing systems. A groundbreaking study, Beyond Generation Rent is crucial reading for housing researchers, policy-makers, activists and anyone who cares about decent housing for all.

Political Economy, Inequality, and the Private Rental Sector

Beyond Generation Rent

Dangerous Guesswork In Economic Policy

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