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Cheang B: Debating Industrial Policy

Debating Industrial Policy

Knowledge, Democracy and Neoliberalism

Community Development Research and Practice Series

Laying the Groundwork for Community Wealth Building

Asset-Based Community Development and Business Cooperatives

Corporatism and Neoliberalism in a Global Era

The World Economic Forum and COVID-19

In 1977, The Economist coined the term "Dutch disease" to describe the damage to the real economy when wealth derives from resource exports rather than productive work. On April 1, 1978, the Second Amendment to the IMF's Articles of Agreement came into force, ending gold's monetary role within the IMF system and consolidating the transition to pure fiat money. With "money" no longer backed by anything real, the alchemists' dream of a "Philosopher's Stone"--the ability to create seemingly limitless wealth out of nothing--appeared to have been realized. But while real wealth produced by human labor is finite, fiat money creation is not subject to the same physical constraint. The result was a new and far more powerful variant of Dutch disease: the Philosopher's Stone Disease. The Money Powers' financialization of economies and imposition of neoliberalism increasingly privileged finance over production. Over the next four decades, the consequences extended beyond economics, eroding the cultural and civilizational heritage and traditions of large swaths of the global population. The socioeconomic impact of this pure fiat-money regime, globally and within the United States, has been an across-the-board deterioration, while its benefits accrued overwhelmingly to less than 0.01 percent of the population. Yet creating money cannot create the real goods it commands. The system therefore depends upon a steady external supply of real goods and the recycling of part of the resulting surpluses into U.S. financial assets. Energy revenues from West Asia have been key to sustaining it. A resurgent Iran thus posed an existential threat to the UK-established and U.S.-dominated oil order. Sanctions, assassinations, proxy wars, color revolutions, terrorist attacks and mass psychological manipulation followed, but failed to achieve their objective. If Iran emerges victorious from the war launched against it in 2026 and breaks U.S. control over the oil-rich Levant, the petrodollar recycling system will suffer a massive blow, accelerating withdrawal from U.S. Treasuries. The dilemma is stark: financial dominance ultimately requires real power to enforce it, while the Philosopher's Stone Disease has hollowed out the productive and military foundations of that power. Why the West Can't Recover: The Philosopher's Stone Disease explains why there may be no way back.

The Philosopoher's Stone Disease

Why the West Can't Recover

Dieses Buch liefert einsatzrelevantes Wissen zu Extremismus, Terrorismus und Amoklagen – praxisnah, interdisziplinär und abgestimmt auf die Bedürfnisse von Polizei, Rettungsdiensten und Feuerwehr sowie zivilen Sicherheits- und Ordnungsdiensten.
In den letzten Jahren haben sich die Bedrohungslagen durch Extremismus, Terror- und Amoklagen in Deutschland und Europa deutlich verschärft und stellen Einsatzkräfte vor komplexe und dynamische Herausforderungen. Die Autoren bieten in diesem Buch eine praxisorientierte und interdisziplinäre Aufarbeitung aktueller Bedrohungsszenarien. Eine effiziente Koordination zwischen Polizei, Rettungsdiensten, Feuerwehr und anderen Akteuren ist entscheidend dafür, bei allen denkbaren Terror- und Amoklagen handlungsfähig zu sein. Im Fokus stehen einsatzrelevante Handlungsempfehlungen, taktische Konzepte und operative Leitlinien für den Ernstfall. Dabei werden polizeiliche, rettungsdienstliche, medizinische und spezialkräftebezogene Perspektiven integriert.
Zum Inhalt
<ul>
<li>Aktuelle Akteure</li>
<li>Aktuelle Bedrohungen</li>
<li>Rechtliche Grundlagen</li>
<li>Einsatzführung und Taktik</li>
<li>Taktische Medizin im Einsatz</li>
<li>Medien und Öffentlichkeitsarbeit</li>
<li>Fallstudien und Best Practices </li>
</ul>
Über die Herausgeber Prof. Dr. Stefan Goertz lehrt, forscht und berät als Professor für Sicherheitspolitik (Schwerpunkt Extremismus- und Terrorismusforschung) an der Hochschule des Bundes, Fachbereich Bundespolizei in Lübeck. Prof. Dr. Raphael Röttinger lehrt, forscht und berät als Professor und Experte im Fachbereich Terror/Amok, sowie der Führungslehre für besondere Einsatzlagen (TAG/MANV/LebEL). Er ist zudem Geschäftsführer eines international tätigen Konzerns.

Grundlagen- und Praxiswissen für Polizei, Rettungsdienste, Feuerwehr sowie zivile Sicherheits- und Ordnungsdienste

Extremismus, Terror- und Amoklagen

Econometric Society Monographs

A Framework for Economists with Policy Aspirations

Minimalist Market Design

Comprehensive analysis of global wine regulations across history, geography, and discipline.Wine has been at the heart of human civilization for thousands of years, and for centuries governments around the world have regulated wine production, consumption, and trade for reasons ranging from consumer protection and quality assurance to tax revenue and the protection of vineyard owners' rents. The European Union alone has introduced more than two thousand wine regulations. Some of today's regulations date back hundreds of years; others are more recent; and there is considerable variation over time.The rich history of wine regulation offers fascinating insights into the political economy of public policy and the ways in which such policies persist and evolve. This book examines specific historical developments involving wines that are well known today, such as Champagne, Port, Chianti, and Burgundy. Drawing on original historical sources and multilingual archival research, it provides the first comprehensive analysis of global wine regulations from an integrated political, economic, and historical perspective.It will appeal to a wide range of readers, including academics and students across disciplines, and anyone interested in wine and wine markets around the world.

A Global History of Regulation

Wine, Politics, and Markets

Public Opinion and the Politics of Fiscal Balance

Popular Austerity

The legal concepts that can fundamentally inform the economics of institutions In Legal Institutionalism, the eminent economist Geoffrey Hodgson proposes a new analytic approach for understanding modern economic institutions. Law helps to constitute some of the key features of modern market economies. Moreover, there is evidence that many people believe that obeying the law is important in itself, especially when it is deemed just, legitimate, and uncorrupt. Consequently, he argues, the role of law must be considered in analyses of the nature and dynamics of modern economic institutions and the motivations of economic agents. Hodgson lays out the basic approach and intellectual assumptions of legal institutionalism, citing such thinkers as Adam Smith and Karl Marx as well as insights from institutional economics, law, philosophy, psychology, and social theory. He considers how legal institutions emerged and evolved throughout history, stressing their importance in large-scale, complex economies. Informal rules and relations are vital as well, he explains, but these often rely on face-to-face contact, with smaller numbers of people. He shows that by examining relevant legal rules and relations alongside important informal rules, we can improve our understanding of the nature and role of property, contracts, money, and firms. Revisiting the socialist calculation debate on the feasibility of socialist planning, Hodgson argues that both sides paid insufficient attention to legal issues and underestimated the importance and inevitability of mixed economies. This milestone work by Hodgson has major implications for both theory and policy, suggesting new approaches to economic development, the theory of the firm, and countering the policy extremes of markets versus states.

A Multidisciplinary Approach to the Analysis of Modern Economies

Legal Institutionalism

A unified framework for understanding monetary policy, including recent unprecedented interventions by central banks Over the past two decades, monetary policy has been deployed in unprecedented ways, as central banks attempted to mitigate the adverse consequences of the 2007-2008 financial crisis, the COVID-19 global lockdown, and recent inflationary surges. In Monetary Economics and Policy, Pierpaolo Benigno offers a new way to understand the potency and effectiveness of monetary policy, presenting a unified modeling framework to analyze policy challenges posed by both paper and digital currency systems. He investigates current theoretical and policy controversies, drawing connections with historical themes in monetary economics. Benigno examines how central banks control the value of their currency amid competition from cryptocurrencies and private money-like securities; discusses the desirability of inflation targeting for macroeconomic stabilization; and explores theoretical grounds for the unconventional monetary policies seen in the recent period of zero nominal interest rates, including forward guidance, quantitative and credit easing, and helicopter money. He accompanies his analysis with an innovative visual representation of the New Keynesian model and inflation-targeting policies. Benigno's novel framework also allows the study of monetary policy normalization through quantitative tightening toward what has become the "new normal." He discusses the optimal provision of liquidity and the different roles of the government and financial intermediaries. Finally, he recounts historical controversies regarding the inflation-unemployment trade-off to understand the 2020s inflationary surge and delves into the causes and dynamics of hyperinflations, tracing them to the subtle, ambiguous linkages between monetary and fiscal policy and weak balance-sheet conditions for the central bank.

A Foundation for Modern Currency Systems

Monetary Economics and Policy

The Hidden Government

Introducing Public Administration and Bureaucracy

New Frontiers in Regional Science: Asian Perspectives

This book integrates diversified disciplines, research approaches, and methodologies of area studies, regional economic development, and regional science. With its huge population, China has accomplished rapid economic growth since the 1990s, although the significant income gap among regions and individuals has become a serious problem for its society. China's accession to the WTO in 2001 has had various influences on the entire food system, from agriculture to consumers, through the food manufacturing and distribution industries. The changes in the Chinese food system are considered to have also affected the agriculture and food industries in Asian countries where economic interdependence has been promoted in past decades. The author argues these issues based on interdisciplinary and multi-disciplinary methods and approaches and has successfully derived empirical and theoretical results that are rich in policy implications. The topics addressed include food security and sustainability of agriculture especially in the suburbs of big cities; poverty reduction in rural agricultural areas amidst prosperity in urban and coastal areas; regional networks and international trade of the food industry in East Asia; creation of innovative knowledge and human capital for clustering of the agro-food sector; regional development strategy; and international cooperation. The book is interesting for researchers in the field, especially for those who are concerned with the food system that has been changed dynamically in the past two decades, and it is informative, as well, for practitioners who are engaged in related business.

Clarifies the dynamism of China’s agro-food system centering on the issue of food security Integrates and advances diversified existing principles, disciplines, research approaches, and methodologies Provides materials, methods, ideas, and theories for understanding the changes in China’s agro-food sector

Global Trends and Dynamism of China's Agro-Food System

Banking, Money and International Finance

The emergence of financial technologies has unlocked a myriad of possibilities for reshaping governance systems, from the grassroots level of micro-governance to the broader scope of national and transnational governance. This book thoroughly examines the significant impact of cutting-edge financial technology on enhancing worldwide access to financial services. In an era marked by persistent governance challenges, it highlights the transformative potential of AI-driven solutions in fostering more equitable economic participation. Overcoming traditional banking barriers to serve underserved and unbanked communities, the book investigates the fourth wave of fintech innovation depicted by AI, blockchain technologies and decentralized systems. The book begins by presenting the fundamentals of digital innovation, particularly emphasising the transformative role of AI-powered financial tools in improving banking experiences for various global communities. It emphasizes the role of digital payment platforms in bridging the gap between urban and rural populations, as well as the way blockchain technology and smart contracts are setting new benchmarks for transaction security and transparency. Its primary focus is on the strategies for overcoming financial exclusion. Cybersecurity compliance, ethical AI, data governance, and regulatory coordination are considered essential for creating trustworthy digital financial systems. Additionally, it thoroughly examines the alternative credit scoring methods that use non-traditional data to transform lending and presents the opportunities and challenges that will shape the future of finance, with a particular emphasis on central bank digital currencies (CBDCs), sustainable blockchain solutions, and artificial intelligence collaborations. For scholars, researchers and policymakers working to create a more accessible and sustainable financial future, the book offers a thorough overview of the state of inclusive fintech today and a predictive outlook on how technology can promote global economic equity.

Financial Innovation for Inclusive and Equitable Digital Economies

Debating Industrial Policy

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