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Williams C: The Classical School / B

The Classical School

The Turbulent Birth of Economics in Twenty Extraordinary Lives

How apprenticeship shaped the English economy Apprenticeship dominated training and skill formation in early modern Europe. Years spent learning from a skilled master were a nearly universal experience for young workers in crafts and trade. In England, when apprenticeship reached its peak, as many as a third of all teenage males would serve and learn as apprentices. In The Market for Skill, Patrick Wallis shows how apprenticeship helped reshape the English economy. Some historians see apprenticeship as a key ingredient in the industrial revolution; others agree with Adam Smith in seeing it as wasteful and conservative. Wallis shows that neither of these perspectives is entirely accurate. He offers a new account of apprenticeship and the market for skill in England, analyzing the records of hundreds of thousands of individual apprentices to tell the story of how apprenticeship worked and how it contributed to the transformation of England. Wallis details the activities of apprentices and masters, the strategies of ambitious parents, the interventions of guilds and the decisions of town officials. He shows how the system of early modern apprenticeship contributed to the growth of cities, the movement of workers from farms to manufacturing and the spread of new technologies and productive knowledge. In this groundbreaking study, Wallis argues that apprenticeship succeeded precisely because it was a flexible institution which allowed apprentices to change their minds and exit contracts early. Apprenticeship provided a vital channel for training that families could trust and that was accessible to most young people, whatever their background.

Apprenticeship and Economic Growth in Early Modern England

The Market for Skill

Why the consequences of a prolonged period of weaker economic growth will be more profound than anyone dares to predictIn the heady progress of the post-war era, our lifestyles changed, our political systems adapted, and rapid economic growth became the model of every developed economy. But this prevailing consensus is falling apart around us. Growth is now, at best, no more than anaemic. Policymakers dream about an AI revolution and tweak their fiscal rules to accommodate a newly-austere economic reality but, all the while, government debt soars, financial markets become increasingly jittery, and voters lose trust in their politicians.Celebrated economist Stephen D. King asks how our politics will adapt to such persistently low growth. While leaders make fiscal promises based on a future that is unlikely to materialise, nationalism thrives, battlelines are drawn between perceived winners and losers, and the rules-based international order crumbles. The absence of growth triggers invidious political wrangling over tax, welfare, defence and infrastructure, intensifies competition for resources, and leads to social instability.King shows how our new world is governed by them-and-us divisions over limited economic spoils. This is the political economy of plunder.&nbsp;

Winners and Losers in the Low Growth Era

The Age of Plunder

Corporatism and Neoliberalism in a Global Era

The World Economic Forum and COVID-19

Shortlisted for the Financial Times and Schroders Business Book of the Year Award How 1,000 years of global history show why technological and economic progress is often followed by stagnation and even collapse In How Progress Ends, Carl Benedikt Frey challenges the conventional belief that economic and technological progress is inevitable. For most of human history, stagnation was the norm, and even today progress and prosperity in the world's largest, most advanced economies--the United States and China--have fallen short of expectations. To appreciate why we cannot depend on any AI-fueled great leap forward, Frey offers a remarkable and fascinating journey across the globe, spanning the past 1,000 years, to explain why some societies flourish and others fail in the wake of rapid technological change. By examining key historical moments--from the rise of the steam engine to the dawn of AI--Frey shows why technological shifts have shaped, and sometimes destabilized, entire civilizations. He explores why some leading technological powers of the past--such as Song China, the Dutch Republic, and Victorian Britain--ultimately lost their innovative edge, why some modern nations such as Japan had periods of rapid growth followed by stagnation, and why planned economies like the Soviet Union collapsed after brief surges of progress. Frey uncovers a recurring tension in history: while decentralization fosters the exploration of new technologies, bureaucracy is crucial for scaling them. When institutions fail to adapt to technological change, stagnation inevitably follows. Only by carefully balancing decentralization and bureaucracy can nations innovate and grow over the long term--findings that have worrying implications for the United States, Europe, China, and other economies today. Through a rich narrative that weaves together history, economics, and technology, How Progress Ends reveals that managing the future requires us to draw the right lessons from the past.

Technology, Innovation, and the Fate of Nations

How Progress Ends

Why the career ladder you were climbing has come apart, and what to do about it.Your job title may still be intact. The meetings continue; the monthly presentation still needs producing. But AI is already taking on the reporting, coordination, research and analysis work that once justified whole teams. The change seldom arrives with a dramatic announcement. It's more insidious than that: the hire is paused, the contractor is not renewed, the promotion evaporates.Written by someone building the tools behind this shift, The Next Rung looks at the knowledge-work middle: project leads, analysts, account managers, operations teams and managers whose jobs depend on orchestration. It traces the pressure from boardroom economics to kitchen-table arithmetic, and asks what happens when professional incomes and mortgages are exposed at the same time.Inside, you'll find: <ul> <li> The roles AI is quietly hollowing out </li> <li> Why the 'junior grind' is disappearing </li> <li> The 80/20 Collapse in professional work </li> <li> A practical audit of your exposure and runway </li> <li> The human capabilities that still matter </li> <li> Routes towards trades, portfolio work and community enterprise </li> <li> What AI's gains mean for housing, welfare and inequality. </li> </ul>This is a clear-eyed notebook from inside the transition, focused on judgement, resilience and building work with more human value. It will let you know where you stand, strengthen your options, and help you make your next move before the ladder disappears beneath you.

Why AI is breaking the career ladder, and how to find your next step

The Next Rung

Clear, supportive, and comprehensive: Andrew Gillespie's Foundations of Economics provides an ideal introduction to core economic principles, guiding students from no prior knowledge to a confident understanding of fundamental concepts.

-Built for learning success: Clear explanations combined with exceptional learning support make this one of the most accessible and student-friendly economics textbooks available. 
-Practice and progression: Step-by-step numerical examples, 'Maths insight' and 'Put into practice' features ensure students grasp the application of theory in a hands-on way. 
-Applied and relevant: "Economics in context" boxes and topical case studies connect theory to real-world issues, helping students understand how economic ideas shape everyday life and current events. 
-Designed for diverse learners: Carefully structured content supports a wide range of abilities, ensuring no student is left behind while still offering stretch opportunities for those ready to go further. 
-Develops critical skills: 'What do you think?' panels, and discussion and data analysis questions encourage critical thinking, analytical reasoning, and data-handling skills - key competencies valued by employers.
-Teaching resources include a test bank of multiple choice and assessment questions for lecturers. 

This title is available for students and institutions to purchase in a variety of formats: the e-book offers a mobile experience and convenient access along with functionality tools, navigation features and links that offer extra learning support. 

For more information about e-books, please visit www.oxfordtextbooks.co.uk/ebooks 

Teaching resources for adopting lecturers include: 
PowerPoint slides 
Test bank 
Instructor's Manual

Foundations of Economics

Constitutional Lessons for the EU

Building a Successful Fiscal Federation

Econometric Society Monographs

A Framework for Economists with Policy Aspirations

Minimalist Market Design

Comparative Global Insights

Policies for Productivity

Emerging Technologies and Materials in Thermal Engineering

Plate Heat Exchanger Enhancement Techniques: in Support of the Energy Transition and a Circular Economy provides fundamental knowledge on the applications of the plate heat exchanger (PHE) and how it can be optimized to make energy conversion more efficient. In addition, it introduces relevant studies that explain the heat transfer mechanism of the PHE, its design, and how developing more compact and evolved heat exchangers contributes to a sustainable, cleaner, and more energy-efficient future. Researchers, scientists, engineers, professionals, and students working in nanotechnology, materials science, and sustainability will find this volume valuable to their work.

The Classical School

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