International Economics: Theory and Policy (6th Edition)
Average customer rating: 3.5 out of 5 stars
  • Get the 7th edition, instead.
  • An important and useful text for understanding trade theory
  • Krugman
  • Not What I've Come to Expect from Krugman
  • The Undergraduate International Economics Standard
International Economics: Theory and Policy (6th Edition)
Paul R. Krugman , and Maurice Obstfeld
Manufacturer: Addison Wesley
ProductGroup: Book
Binding: Hardcover

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ASIN: 0201770377

Customer Reviews:

4 out of 5 stars Get the 7th edition, instead........2007-09-13

This is an older edition of the book. Get the newer, seventh edition. The ISBN for the 7th edition is 0321451341.

5 out of 5 stars An important and useful text for understanding trade theory.......2006-02-27

Krugman and Obstfeld, two world renowned international economists, provide a full detailed analysis and examples for the basis of trade among nations. It is relatively straightforward to comprehend for both economists and noneconomists. International trade is an important component of economic policy for the growth and development of countries. This book examines various theoretical trade models and provides real world examples of policy formulation and their impact. The authors do not take any political positions, thus making their analysis a purely objective, or positive study.

I would highly recommend this book to students interested in doing research in international trade and development. It is a must read for prospective international economists. Noneconomists might also find it as a useful reference. I found the book to be invaluable in my graduate research and dissertation.

4 out of 5 stars Krugman.......2006-02-25

Some complicated theories explained in a way that can be understood.

Esay flow from a concept to the next.

1 out of 5 stars Not What I've Come to Expect from Krugman.......2005-04-03

First off, even if you totally discount the rest of my review, buy the low price international version of this book. On the March 10, 2005 episode of the daily show Krugman elucidated his feelings quite clearly. "The real money is in textbooks. With other books, people need to decide whether to buy them or not. Students have to buy textbooks." Thanks Paul. I think I'm being charitable when I say that at $125 this book is a ripoff. It isn't even full color.

Anyway, on to the actual content of the book. I have to say that I was excited when I found out that my International economics course at Stanford was going to be using Paul Krugman's book. I've enjoyed his articles for the New York Times because they manage to cut right to the core of issues with an unusual amount of punch. Yet, time and time again I was disappointed with the frequently inpenatrable language and obtuse, unrealistic examples in this book. Unfortunately, the only part of Krugman's characteristic writing style that came through was a feeling of overwrought vitriol, which makes sense in an op-ed but has little place in a textbook. Furthermore, this book occupies a strange niche in the world of econ texts, it is not mathematically rigorous, nor is it well written. Usually we see one or the other but rarely both. Initially, I thought these observations were mine alone, but other students began openly voicing pointed criticisms of the book during class (and I am perhaps being too kind here in not repeating them). I've been in school nearly as long as I can remember and I have never seen such discontent with a text.

During the second half of the course even my econ prof became fed up and abandoned the book altogether. Given that, I find all of the positive reviews for this book rather astounding. My suspicion is that there might have been open rebellion amongst my classmates had not the professor decided to leave this text by the wayside. I also found that it is brimming with misplaced, one-sided arguments that come across as Krugman blatantly strawmanning arguments opposed to his own. One of many examples of this comes out of nowhere near the end of chapter 2. Krugman implies that anyone who doesn't believe in unmitigated free trade is intellectually irresponsible!?! This book pushes for unrestrained market fundamentalism throughout, primarily by misrepresenting any arguments that would effectively challenge it's simplistic and seemingly outdated dogma. This book, in particular, feeds into the same system of self serving scientism so prevalent in economics for the last 60 years.

Please don't mistake this review as the bile of a jilted student, I did quite well in the course. However, this is almost certainly the result of looking for alternative explanations of virtually every topic covered. The reason this book gets one star instead of two is because it lacks a lot of the modern learning tools prevalent in almost every other textbook. Things like quality questions, keywords, vocabulary and historical context all get short shrift in this this volume. If you're into learning about incomplete models that only represent a theoretical version of the world, this book is for you. Unfortunately, just like Krugman said on The Daily Show, if you are a student there is probably little chance that you have a choice on the matter. Buy the cheap international edition for 20 bucks. I would recommend that you use to the difference to buy William Easterly's Elusive Quest for Growth...and a beer.

5 out of 5 stars The Undergraduate International Economics Standard.......2004-06-29

Well, I will start off by saying that the book really probably only deserves somewhere between 4-4.5 stars, but I'll give it 5 to offset some of the questionable reviews below.

No, the book is not perfect. However, it is an academic standard at pretty much any major college or university for teaching undergraduate International Econ/Trade theory, and for good reason. The book makes a clear a concise presentation of basic theory and policy, perhaps in points it is a little too simple. As pointed out, while I'm not sure about the 6th edition, there were some diagrammatical mistakes in the 5th...I bet, however, these were done by a graduate student. A quick bit of reasoning and a second of thought should yield the appropriate picture, however. And yes, I think a bit of Krugman's bias comes through, though its not terribly off-putting.

The book could use a bit more math I think. The real equations and difficult problems are few and far between, and are, for the most part, pretty straight forward. At the very most it would take a basic understanding of calculus, but the majority of the problems and equations can be explained and done without it. I have read a number of undergraduate economics books with far more intensive math. Despite this lack, however, the intentions come across pretty well.

No, this book is not for beginners to economics. At least an undergraduate course or reading in both micro and macro are needed, and really and truly, an intermediate level in each is probably better if one wants to get the most out of the book.

If you find the subject matter within to be terribly math intensive and you cannot get motivated to read the subject matter because it doesn't use "pizza and beer" (and um...I don't think I'd want an imported pizza anyway, but thanks), well I guess the subject and this book are not for you. However, if you are trying to enrich your understanding of economics at a very basic level, this book provides a good way to do so.

And, if you want graduate level book, and like Obstfeld, I recommend he and Rogoff's book.
Evaluating Practice: Guidelines for the Accountable Professional (5th Edition)
Average customer rating: 4 out of 5 stars
  • A great text book...
  • Another Edition to a fantastic text
  • enough is enough
  • A Classic in Practice Evaluation
Evaluating Practice: Guidelines for the Accountable Professional (5th Edition)
Martin J. Bloom , Joel Fischer , and John G. Orme
Manufacturer: Allyn & Bacon
ProductGroup: Book
Binding: Hardcover

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ASIN: 0205466982

Book Description

Now with a free SINGWIN CD-ROM, Evaluating Practice, Fourth Edition is even easier for readers to understand and apply data analysis. Unsurpassed among human service evaluation books, Evaluating Practice, Fourth Edition, includes the innovative SINGWIN program, created by Charles Auerbach, David Schnall, and Heidi Heft Laporte of Yeshiva University. Evaluating Practice instructs readers on managing cases and charting and filling out scales. Although the authors are best known within the social work discipline, this book can also be used in other professional programs such as nursing, counseling, psychology, and psychiatry. The free supplement with practice test questions provides a number of helpful exercises. For anyone interested in social work at both the undergraduate and graduate level. Also for those interested in psychology, counseling, psychiatry, or psychiatric nursing.

Customer Reviews:

4 out of 5 stars A great text book..........2007-01-02

I ordered this textbook for an MSW course, and it's wonderful. I love all the examples and the software that comes with it.

5 out of 5 stars Another Edition to a fantastic text.......2005-08-10

This new edition of the text once again proves that these authors are the masters of single subject research. I have used this text for five years in my graduate methods course and am completely satisfied with their coverage of the material of single subject research design. Just when a researcher thought it could not get any better, this new edition comes along with updates to the software.

Get this book.

1 out of 5 stars enough is enough.......2005-03-22

I was pleased to hear that this text had been assigned in a graduate research course at my graduate school of social work. I'm seriously disappointed. I would not recommend this text's continued use. It is excessively repetitive, constantly restating previous material (commonly referred to as 'rehashing'), and, as a sidebar, i can't help but mention an irritating habit of unnecessary references to material yet to come ('we'll talk about that more in chapter 14.'). The writing style is terribly wordy, and in a weighted, clunky pseudo-conversational style that rarely is effective in a textbook. The actual technical information is obscured in a constant river of verbiage, usually in page after page of solid block text, the least helpful format when learning technical information (or when subsequently searching for specific information or techniques). The result? It serves as a strong sedative. Finally, the authors repeatedly express apologies, in what eventually (by page 350) feels like an obsequious and cloying manner, for putting forward an empirical and accountable approach to clinical practice. The worst, though, is the repetition of material, as if the reader were an idiot. The sheer relentlessness of it is what is so galling, and at $100 bucks, neither affordable nor worth the investment. There are other texts out there with clearer, cleaner, more articulate prose, that are more respectful of the reader, and at half the price, such as the classic and affordable: Single-Case Research Designs: Methods for Clinical and Applied Settings by Alan E. Kazdin. Ignore the pollyanna reviews above and below, and avoid this text, or if on the syllabus, protest and suggest an alternative.

5 out of 5 stars A Classic in Practice Evaluation.......2003-11-13

Bloom, Fischer and Orme continue to make an unique contribution to improving practice in the human services by providing a road map by which practitioners can evaluate their effectiveness. I've been using their text book for over 15 years in teaching practice evaluation and in has been an invaluable help. The new edition has a CD Rom with SingWin, CAAP,and CAAS which I was able to install in Windows XP Home edition. You must install CAAS before CAAP for it to work. The sofware computerizes record keeping, score computation, and graph construction. I strongly reccommend this textbook for human services faculty.
Natural Capitalism: Creating the Next Industrial Revolution
Average customer rating: 4.5 out of 5 stars
  • Great for Green Building...
  • Excellent environmental analysis, clear direction!
  • Great solutions to in-depth problems
  • A more complete view of the economy
  • A better way of living
Natural Capitalism: Creating the Next Industrial Revolution
Paul Hawken , Amory Lovins , and L. Hunter Lovins
Manufacturer: Back Bay Books
ProductGroup: Book
Binding: Paperback

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ASIN: 0316353000

Amazon.com

In Natural Capitalism, three top strategists show how leading-edge companies are practicing "a new type of industrialism" that is more efficient and profitable while saving the environment and creating jobs. Paul Hawken and Amory and Hunter Lovins write that in the next century, cars will get 200 miles per gallon without compromising safety and power, manufacturers will relentlessly recycle their products, and the world's standard of living will jump without further damaging natural resources. "Is this the vision of a utopia? In fact, the changes described here could come about in the decades to come as the result of economic and technological trends already in place," the authors write.

They call their approach natural capitalism because it's based on the principle that business can be good for the environment. For instance, Interface of Atlanta doubled revenues and employment and tripled profits by creating an environmentally friendly system of recycling floor coverings for businesses. The authors also describe how the next generation of cars is closer than we might think. Manufacturers are already perfecting vehicles that are ultralight, aerodynamic, and fueled by hybrid gas-electric systems. If natural capitalism continues to blossom, so much money and resources will be saved that societies will be able to focus on issues such as housing, contend Hawken, author of a book and PBS series called Growing a Business, and the Lovinses, who cofounded and directed the Rocky Mountain Institute, an environmental think tank. The book is a fascinating and provocative read for public-policy makers, as well as environmentalists and capitalists alike. --Dan Ring

Book Description

In Natural Capitalism, three top strategists show how leading-edge companies are practicing "a new type of industrialism" that is more efficient and profitable while saving the environment and creating jobs. Paul Hawken and Amory and Hunter Lovins write that in the next century, cars will get 200 miles per gallon without compromising safety and power, manufacturers will relentlessly recycle their products, and the world's standard of living will jump without further damaging natural resources. "Is this the vision of a utopia?In fact, the changes described here could come about in the decades to come as the result of economic and technological trends already in place," the authors write.They call their approach natural capitalism because it's based on the principle that business can be good for the environment. For instance, Interface of Atlanta doubled revenues and employment and tripled profits by creating an environmentally friendly system of recycling floor coverings for businesses. The authors also describe how the next generation of cars is closer than we might think. Manufacturers are already perfecting vehicles that are ultralight, aerodynamic, and fueled by hybrid gas-electric systems. If natural capitalism continues to blossom, so much money and resources will be saved that societies will be able to focus on issues such as housing, contend Hawken, author of a book and PBS series called Growing a Business, and the Lovinses, who cofounded and directed the Rocky Mountain Institute, an environmental think tank. The book is a fascinating and provocative read for public-policy makers, as well as environmentalists and capitalists alike. --Dan Ring

Customer Reviews:

5 out of 5 stars Great for Green Building..........2007-10-05

this is a great resource for anyone wanting to learn more about sustainable building practices and how they can affect your bottom line. I recommend it for architects, designers and developers alike.

5 out of 5 stars Excellent environmental analysis, clear direction!.......2007-10-04

This book provides a wealth of environmental analysis, including well-considered advice for policymakers at every level (from federal down to county). Also there is solid information for residential/condominium owners. The section that describes and designs how low-end residential units can sell energy back to the grid and raise their standard of living was exceptionally well-written. I am still reading the rest of the book and have not stopped since I first picked it up.

4 out of 5 stars Great solutions to in-depth problems.......2007-09-30

I've only read the first two chapters, but its very motivating. The authors creatively give solutions to the environmental problems of the world. They fully understand the problems at hand, analyze them completely and give valuable ideas for probably and realistic solutions.

5 out of 5 stars A more complete view of the economy.......2007-09-19

This book shows how our current view of the environment is flawed. It brings us from viewing the environment as something too vast to be harmed, to understanding that technology has given humanity the ability to profoundly affect the environment. The book presents a good argument as to why we need to see nature as part of the economic cycle and factor its use into how we use and manage the earth's resources.

5 out of 5 stars A better way of living.......2007-09-11

This book is a little old so some of the infomation is out dated, but the ideas are still radically new for many people. There is a lot to be take from this book on both the micro and macro models, all of which are about creating greater efficiancy in the markets, and lowering the cost to consumers, all the while creating new jobs and reducing pollution. The book tells people how to help reduce their energy costs through simple changes in everday living. It also goes into great detail about market failures, government failures, and the compounding problem of global warming. This book is about the facts no ideological stance, with the authors saying that fossil fuel use is not going to go away anytime soon, but fossil fuels are only one small part of the entire picture. You will not be bored while reading this book, and should be mad after learning how much more money we are spending on goods of lesser quality.
International Economics: Theory And Policy (7th Edition)
Average customer rating: 3 out of 5 stars
  • A very good guide for an undergraduate course
  • One word describes the book
  • A not-so-bad survey of international economics
  • Totally dissatisfied
International Economics: Theory And Policy (7th Edition)
Paul R. Krugman , and Maurice Obstfeld
Manufacturer: Addison Wesley
ProductGroup: Book
Binding: Hardcover

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ASIN: 0321293835

Customer Reviews:

4 out of 5 stars A very good guide for an undergraduate course.......2007-03-22

I used several times the fifth edition of the Krugman and Obstfeld's book to teach International Finance to undergraduates in economics and I found it comprehensive, understandable and very didactic. True, the book does not follow a rigorous mathematical approach, less a dynamic approach, but I think that is not the authors' intention. On the contrary, they use simple equations, basic graphical analysis, empirical data illustrations and some economic history to show the main issues they want to. And I must say that they clearly succeed in explaining virtually every topic an undergraduate student should know about international economics.

There are several essential topics that should be part of the backbone of a course in international finance and they are included in this book:

- the asset approach to exchange rates;
- the crucial role of expectations;
- the relationship between money, interest rates and the exchange rates in the short run;
- the long run relationship between prices and exchange rates;
- the internal and external equilibrium for small open economies;
- the interaction of fiscal and monetary policies in an international context;
- inflation bias and other policy formulation problems;
- fixed exchange rates and foreign intervention;
- A description of the evolution of the international monetary system;
- floating exchange rates; macroeconomic policy and international coordination;
- optimum currency areas;
- recent topics on the global capital markets; and
- growth, crisis and reform in developing countries.

In sum, Krugman and Obstfeld's book is a pretty good undergrad textbook to learn for the first time the core of monetary issues in international economics.


2 out of 5 stars One word describes the book.......2007-03-11

Verbose! The authors spend pages upon pages wasting trees trying to explain a concept that could be explained using one paragraph. The authors go in circles in my opinion, sometimes i feel that they forget what they had initially started. And the shyness to use math and write out what could be written as a single equation makes the book about 600 pages when it should only be 200.

4 out of 5 stars A not-so-bad survey of international economics.......2006-11-28

Regarding Gerald Senarclens de Grancy's comments: The idea of Krugman as a Bush administration cheerleader is pretty funny. At first I thought this was a joke but then I realised it wasn't. Granted, the book doesn't mention the Tobin Tax, but there's only so much you can pack into a superficial survey text like this. Overall, I think the authors are pretty unbiased and mainstream. (Haven't used the web supplements, so can't comment on that).

Having seen this book evolve over several editions, I can honestly say that the current one represents a distinct improvement, with the new introductory chapter on the gravity model providing some much needed perspective at the start. However, it's not an ideal book to learn trade theory and open econonmy macro from. My favorite (although slightly more rigorous) is "The International Economy" by Kenen. And if you are only interested in trade theory, "International Trade, Theory and Evidence" by Markusen et. al. is superior.

1 out of 5 stars Totally dissatisfied.......2006-03-28

I'm really unhappy with both the book and the services provided that come with the book. This has several reasons of which I'd like to point out a few here (though I have to note that I only read the second part - the one about international monetary policy):
o) the book follows a pure neclassical approach and seems very biased against everything else
o) it sometimes reads like propaganda for some republican presidents
o) it doesn't discuss (or even mention) very important contemporary concepts such as the tobin tax which could have a deep impact on international monetary policy
o) the web applications are not provided for users of any other software than the core Microsoft systems, which makes them unusable by those who like eg. Apple, Firefox or Linux
o) even running in Internet Explorer the web exercises have some major problems (some of the suggested answers are simply wrong)
o) the web applications refer to graphs that do not appear in the newest edition
o) the explanations are sometimes not very clear, in my point of view there are even contradictions
o)...

concluding I have to say that this book represents to me both a waste of money and a waste of time.
International Political Economy: Interests and Institutions in the Global Economy (2nd Edition)
Average customer rating: 4.5 out of 5 stars
  • readable textbook
  • Just great
  • gives an understanding of the many forms of globalisation
  • coherent and concise
  • Well researched and excellently written
International Political Economy: Interests and Institutions in the Global Economy (2nd Edition)
Thomas Oatley
Manufacturer: Longman
ProductGroup: Book
Binding: Paperback

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ASIN: 0321355660

Book Description

This exciting text provides students with a superior grounding in contemporary international political economy. It emphasizes current scholarship and provides the background in politics, economics, and history that students need to understand the contemporary global economy.

Customer Reviews:

4 out of 5 stars readable textbook.......2007-02-14

This textbook was easy to read (not overly technical and used a lot of real-world analogies). An instuctor or professor who requires this text is probably taking a practical approach to the course, which typically means it will be more interesting to learn about the subject matter. The text is only in paperback and not particularly durable for backpack toting- buy used if possible.

5 out of 5 stars Just great.......2007-01-10

First the book appears to be full of ideas without a touch of reality or just theoretical, but after reading the first and second chapter and after understanding the principles of econ 101/102, everything will make sense. There is so much to learn in this book and, the good thing, it is not boring.
I have to say that it was the best political econ book I've ever read, and I do recommend it for beginners.

4 out of 5 stars gives an understanding of the many forms of globalisation.......2006-09-28

Oatley provides a readable, non-mathematical description of international economics since World War 2. The book will give the reader a good grounding in understanding globalisation. Not as something to be feared or tamed, but as arising from fundamental trends that are effectively impossible to reverse.

Oatley certainly talks about more than just globalisation. Like managing exchange rates. But even here, it is discussed in the context and reality of a world where immense pools of capital are often highly mobile. This is not typically thought of by the general public as globalisation. But the text shows that capital flow across national boundaries is indeed another aspect of globalisation, that has become common in the last 20 years.

5 out of 5 stars coherent and concise.......2006-05-05

Oatley has a way of boiling down complex concepts into short, pithy chapters. The writing is clear and concise and the examples used in the text provide interesting perspectives on current political issues such as the US budget deficit or the power dynamics in debt negotiations between powerful international creditors (IMF, World Bank) and debtor countries. The chapters are well structured--with introductions and conclusions that really help draw out the key points of the chapter. I found that this book provided coherent theories with which I could better understand material from other political science and economics classes. Overall, I highly recommend it.

5 out of 5 stars Well researched and excellently written.......2006-04-14

Thomas Oatley has written a brilliant historic piece of literature. He uses great examples to explain difficult concepts and leaves you with a comprehensive understanding of the topic. I found this book to be paramount in my undestanding of today's current debates on the US Trade Policy, our deficit, etc.

I highly recommend this book to anyone who is interested in Political Economics, Economics, or just wants to learn about our economic and trade policy

5 Stars: Great Job!
How The World Really Works
Average customer rating: 4 out of 5 stars
  • I should have read the chapter titled "Let's Fix America" first
  • HOW THE WORLD REALLY WORKS
  • Fixing America Means Understanding the Problems
  • Gaps, A Little Loose, but First-Rate Never-the-Less
  • Cliff Notes for the NWO
How The World Really Works
Alan B. Jones
Manufacturer: ABJ Press
ProductGroup: Book
Binding: Paperback

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ASIN: 0964084813

Book Description

This extensively indexed book succinctly summarizes the findings of a dozen or so of the most important works of the 20th century - from both sides of the conflict - which expose how and why a cabal of international plutocrats is planning to destroy America and any other country preventing the ultimate hegemony of their New World Order.

Customer Reviews:

2 out of 5 stars I should have read the chapter titled "Let's Fix America" first.......2007-07-17

Most of us know there's something wrong with the way the "world" works. And we figure that folks with money and power will use their positions to do whatever it takes to accumulate more money and power at the expense of anyone or anything that get's in their way. Unfortunately, this book doesn't help clarify or give us tools to win the class war. If you're looking for clarity, start with Noam Chomsky's 2 CD audio "Propaganda and Control of the Public Mind." Chomsky offers a much more insightful and easier to grasp view of how the world really works.

For someone who hasn't cracked open this book yet, I would suggest that you read Chapter 12 first--"Let's Fix America". Jones has a few good ideas there, but for the most part his "tough love" ideology meshes perfectly with that of the "elites" he supposedly opposes. So it's difficult for me to assess if his work is designed to assist the working class, confuse it, or destroy it. Because destroying it is exactly what his taxation and social program ideas would do. If you examine these notions closely you can't help but notice that they sound like ideas that would be sponsored by far right-wing Think Tanks--typically funded by corporations and elite old-money families.

There is certainly a lot of info in the book. And some of it is likely correct--(Professor McCoy "Politics of Heroin" is considered a first class researcher)--with this kind of shotgun approach, it couldn't help but hit something. Unfortunately for Jones, "Report from Iron Mountain" was outed by the author, Leonard Lewin, as fictional satire--dead on satire, but fiction none the less. This leaves me with questions about the author's ability or desire to separate fact from fiction.

5 out of 5 stars HOW THE WORLD REALLY WORKS.......2007-05-10

This book is a must read for those who operate "in the spirit of trust." Before reading this book, I wrote a book published in late 2001 called "Blacks In The Spider's Web" which substantially views the world as the subject book, but from a black American perspective. Although I have not read all of the books reviewed in "How The World Really Works" (I'm sure most are out of print now), my analysis of the world situation corresponds materially with Alan B. Jones' book. Much of what we see of the world is a false facade that must be pierced in order to come to the reality of the truth. "How The World Really Works" helps to pierce the veil of secrecy covering the "military industrial complex," the "Kennedy assassinations" and the "dumbing down of America," among other "unsolved mysteries."

5 out of 5 stars Fixing America Means Understanding the Problems.......2007-03-18

My own review would closely mirror Robert D Steele's excellent and comprehensive analysis below. I also agree with the excellence of the additional works he recommends. I've read them all and have nothing but praise.

I might add to Robert's list a couple more titles:

1. "When Corporations Rule the World" by David C Korten ... also visit his website (Google it).

2. "The Road to Serfdom" by FA Hayak.

3. "The Money Masters" website, book and DVD... (Google it).

There are no more important subjects on earth than these. Nearly all wars, poverty, media manipulations, societal and educational problems such as drug dealing, smuggling, flesh peddling, high taxation, and... well, you name it... are rooted in the problems revealed in these works.

I strongly disagree with those who think such works are either fear-based or impractical. Nothing can be more practical than the knowledge of the secret and occult powers that are now the motivating forces shaping our modern world.

We can only remain asleep (in denial) at our grave peril, and more importantly, the peril of our children and grandchildren.

No problem can be fixed without a thorough understanding of it's root causes. Sooner or later these international money and banking problems must be fixed, and to do it properly we must fix... or rebuild... these institutions in the right ways.

The issuance of money must be taken out of the hands of private bankers and returned to the government's of "We the People" where it belongs. Only then can we stop paying exorbitant interest rates on the money that is put into circulation. Only then can we begin to use our taxes for purposes other than paying needless interest to private bankers.

Unchecked, unbalanced and unlimited power always leads to tyranny and despotism, some form of totalitarianism. Today that power is quickly becoming the materialistic "Golden Rule" - "He who has the gold, rules."

Will we let it happen here? Is it already too late to stop it?

5 out of 5 stars Gaps, A Little Loose, but First-Rate Never-the-Less.......2007-01-30

I am going to put my reputation on the line, and the 850+ non-fiction books I have read that make me the #1 Amazon reviewer for non-fiction (and to my great surprise, today #49 over all fiction, movies, music, and software as well as non-fiction) for the simple reason that too many people discuss books such as this by labeling it "conspiracy theory."

It's not a conspiracy theory if it is true. I will try to be brief as well as illuminative.

First off, the author has culled a handful of books that support his case against a global financial elite, and these tend, with the exception of the Quigley book, to be left of left of center. I am however happy to add a number of books that support his essential theses that a handful of banking families control the central banks which are NOT government banks, and through loans, control governments, impoverish the middle class, and harvest profit without conscience from the "working poor."

Try these on for size:

1) Confessions of an Economic Hit Man by John Perkins. 85% rock solid, 15% flakey, but in my view, a perfectly reasonable slam on the World Trade Organization and the International Monetary Fund as instruments for impoverishing lesser developed countries, not empowering them.

2) The End of Poverty by Jeffrey Sachs, another slam on the WTO/IMF, which he relegates to third rate out-dated economist ranks, not at all focused or able to achieve what he calls "developmental economics."

3) The Global Class War by Jeff Faux, a fine discussion of how our elites bribe the elites in other countries, and the both screw the public by looting the commonwealths of gold, oil, etcetera, without returns to the people whose families have lived on top of these resources for centuries.

4) Running on Empty, by Paul Peterson of the Council of Foreign Relations (which the author hates, in my view it has two types of members--one manipulative like Henry Kissinger, another honest, like Paul Peterson), in which both the Republican and the Democratic parties are lambasted for being the ignorant slaves of the ultra-rich elites, and hopeless out of touch with reality and unable to represent We the People.

5) War is a Racket by General Smedley Butler, the highest decorated Marine of his time, who complained about being an enforcer for banks and businesses that lent money to the Third World then sent the Marines to get it back for them.

There are many other books that support this author's book reviews in great detail and from many varied perspectives. I refer you to my various lists, including the list on "Screwing the 90% that do the work."

The author has some pretensions and some slop, his arguments are not always consistent, but then neither are mine. On balance I regard this book as a first rate personal effort that should be read by every middle class person wondering, as Lou Dobbs on CNN has wondered, why we are exporting middle class jobs and importing poverty in the form of illegal aliens.

The author wraps up his varied reviews with a focus on the relationship between organized crime and the super-elite as well as their political elite (e.g. the Bush family, the best of the servant class), and on the relationship between drugs, covert operations, and Wall Street. Here again the author draws on a very tiny sub-set of books while not listing many others that support his thesis so I will mention a few here.

Having been through both Viet-Nam as a youth and the Central American Wars as an adult, I am quite certain that there are at least four different slices of the Central Intelligence Agency (CIA) where I served for ten years as a clandestine case officer:

A small slice does what the White House wants, including black bag jobs.

A small but more important slice does what Wall Street wants, and helps Wall Street with access to financially relevant information that the public which pays for the CIA does not get. Buzzy Krongard, until recently Executive Director of the CIA, comes to mind as the most recent leader of this section.

A larger slice, that does covert action off the books with funding from Saudi Arabia and others, sometimes called the Safari Club, sometimes having off-shoots like Ted Shackley's Southern Air Transport, and so on. This slice can provide the intersection between criminal activities, white collar crime profits, illegal White House activities, and plain profiteering.

Finally, 90% of the CIA, folks like me that did not realize they were simply going through the motions and giving the local counterintelligence service a full-time rabbit to follow while the commercial clandestine boys and girls looted the bank in bright daylight.

I have two intelligence lists that can be helpful here, but I have not focused on creating crime lists. I'll just say that between the books on the "working poor" and on being "nickeled and dimed" and books on immoral predatory capitalism and unilateral militarism of the Dick Cheney variety (I have compiled a list of 25 specific impeachable actions by Dick Cheney based on three books: One Percent Doctrine, VICE, and Crossing the Rubicon). There is a very clear-cut and direct relationship between dictators, transnational organized crime and terrorism, and Wall Street as well as the Republican and Democratic National Committees.

That reminds me: there is an entire literature on petroleum, peak oil, petrodollars, and so on. Americans have been betrayed by their government since at least 1975, and more likely, back to the 1950's when naiveté about international affairs was replaced by active complicity.

Good news. 1) Internet leveled playing field. 2) Not enough guns to kill us all. 3) A few of the really rich have realized they need to help us create infinite wealth for ourselves, or lose all they have to locusts. Read, be vocal, be active, we're going to get a grip on our commonwealth soon.

Tip of the Hat to Jere for the following added links:
When Corporations Rule the World
The Road to Serfdom: Text and Documents--The Definitive Edition (The Collected Works of F. a. Hayek)
Money Masters of Our Time

See also my longer reviews of:
Rule by Secrecy: The Hidden History That Connects the Trilateral Commission, the Freemasons, and the Great Pyramids
Confessions of an Economic Hit Man
Crossing the Rubicon: The Decline of the American Empire at the End of the Age of Oil

5 out of 5 stars Cliff Notes for the NWO.......2006-11-18

A must read for everyone who wants to cut the strings of the puppet meisters. Stands on its own, and is a valuable reference. This book is a great launching pad for anyone becoming interested in why things are the way they are right now.
International Economics: Theory and Policy plus MyEconLab plus eBook 1-semester Student Access Kit (7th Edition) (MyEconLab Series)
Average customer rating: 3 out of 5 stars
  • Average at Best
International Economics: Theory and Policy plus MyEconLab plus eBook 1-semester Student Access Kit (7th Edition) (MyEconLab Series)
Paul R. Krugman , and Maurice Obstfeld
Manufacturer: Addison Wesley
ProductGroup: Book
Binding: Hardcover

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ASIN: 0321451341

Customer Reviews:

3 out of 5 stars Average at Best.......2007-06-23

Perhaps it was the professor or perhaps it was this book (though the professor basically read verbatim from the ppt slides provided by the book's publishers, so it's the book anyway you look at it), but this text left you confuse and dazed. It was verbose and tedious at times. The examples given could have been thought up by anyone with commonsense, thus it was somewhat superfluous when the authors spent 1-2 pages explaining the example.


Also, the main text of the chapters would not provide a student with adequate information for tackling the exercises at the end of the chapter.
International Economics: Theory and Policy (7th Edition) (Addison-Wesley Series in Economics)
Average customer rating: Not rated
    International Economics: Theory and Policy (7th Edition) (Addison-Wesley Series in Economics)
    Paul R. Krugman , and Maurice Obstfeld
    Manufacturer: Addison Wesley
    ProductGroup: Book
    Binding: Hardcover

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    ASIN: 0321278844
    A Brief History of Neoliberalism
    Average customer rating: 4.5 out of 5 stars
    • Entertaining... But Argument Not Supported by Evidence Cited
    • Brief but perfectly formed
    • a fantastic mind
    • Interesting
    • Interesting argument, but evidence too wobby to be persuasive
    A Brief History of Neoliberalism
    David Harvey
    Manufacturer: Oxford University Press, USA
    ProductGroup: Book
    Binding: Paperback

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    ASIN: 0199283273

    Book Description

    Neoliberalism - the doctrine that market exchange is an ethic in itself, capable of acting as a guide for all human action - has become dominant in both thought and practice throughout much of the world since 1970 or so. Its spread has depended upon a reconstitution of state powers such that privatization, finance, and market processes are emphasized. State interventions in the economy are minimized, while the obligations of the state to provide for the welfare of its citizens are diminished. David Harvey, author of 'The New Imperialism' and 'The Condition of Postmodernity', here tells the political-economic story of where neoliberalization came from and how it proliferated on the world stage. While Thatcher and Reagan are often cited as primary authors of this neoliberal turn, Harvey shows how a complex of forces, from Chile to China and from New York City to Mexico City, have also played their part. In addition he explores the continuities and contrasts between neoliberalism of the Clinton sort and the recent turn towards neoconservative imperialism of George W. Bush. Finally, through critical engagement with this history, Harvey constructs a framework not only for analyzing the political and economic dangers that now surround us, but also for assessing the prospects for the more socially just alternatives being advocated by many oppositional movements.

    Customer Reviews:

    4 out of 5 stars Entertaining... But Argument Not Supported by Evidence Cited.......2007-07-09

    The traditional-left, in its attempts to run for cover once the edifice of Marxism collapsed found succour in many ideologies that seemed to purport to explain power imbalance in economic and social relationships. Many of these "new ideas" such as Post-Structuralism and Foucaultian-based power theory, seem to offer a dope-laced understanding of the world and make very specific economic assertions about the world.

    The central theme of this book, that economic power is being reconstituted in upper classes to a degree not seen since the 1930s, is a worthy and interesting idea. If fact the raw data does seem to indicate that more and more wealth, in percentage terms, is being concentrated into fewer and fewer hands. This being an economic statement should not be all that hard to prove. How this happens and why, and if the benefit is unjust, or disabling to certain notions of economic justice, Harvey offers little in terms of empirical facts.

    Although David Harvey writes well, his evidence is a thin gruel of a single source study by those sympathetic to his cause, and also some sources far to generally cited to actually explain how and what is happening in economic terms. As such the house that Harvy builds is not one that I would like to live in. I found that I was constantly wanting him to prove his point, but could find no economic basis in his book to either explain this drain of wealth or to support his assertions of who and what institutions were making it possible.

    In addition, there was also a deep suspicion on my part of any theory that attempts to foist a single theory to explain the actions of leaders as diverse as Deng Xiao Ping, Maggie Thatcher, Pinochet, Reagan -- indeed Swedish Socialist governments reconstituting new free market "reforms" is also seen as a direct result of Neoliberalism.

    Having said that, this book is a good read and does encapsulate the current accepted academic dogma of what Neoliberalism in fact describes. Harvey writes well, and undoubtedly the concentration of capital needs to be explained. It is however within the realm of economics that such assertions are proved. Harvey has a lot more work to do to prove his assertion.

    5 out of 5 stars Brief but perfectly formed.......2007-06-24

    Harvey provides an excellent overview of the origins and development of neoliberalism and an indictment of its philosophical failings and the social injustice it promotes. For a Marxist academic, Harvey has the rare gift of being able to present in an accessible style arguments which are informed by Marxist theory. Fellow Marxists may be disappointed by the lack of explicit theoretical discussion here but Harvey is clearly seeking to reach a broader audience and to contribute an alternative perspective to public debate. In doing so he challenges not only the adherents of neoliberalism but also those of its critics who view the concentration of wealth and power in the hands of political and economic elites as an unfortunate by-product of neoliberalism. For Harvey, that is its very purpose: the neoliberal project is all about the restoration of capitalist class power which had been eroded during the Keynesian-Fordist era which preceded it. Not everyone will buy that argument - and it may well have benefited from more empirical support than Harvey is able to offer in this brief text - but it is at least a provocative thesis and one which represents a valuable addition to the literature on contemporary capitalism.

    5 out of 5 stars a fantastic mind.......2007-05-31

    i first came across this book lying around an anarchist collective in new orleans, myself volunteering to rebuild the city. i immediately was taken with the book since it was an economics which at first glance appeared to be on the side of the people. a few times i felt that that author was being a bit too polite in his narration of the injustice of neoliberalism and i wanted him to heap more scorn and derision on the establishment. the description of china's transition to a capitalist society was a bit vague. for instance he said that the politicains wanted to inhibit a capitalist class from springing up that would hinder their power, but then he did not document examples of this. my second encounter with the book came when i was watching youtube and i was in the process of trying to find another leftist intellectual to listen to other than chomsky. the anticonsumer had posted one of his lectures given in new york city. it was a great lecture, just as good as any chomsky ever gave if not better. i then looked him up on wikipedia and was astonished to learn that he was the author of the brief history of neoliberalism. reading economics is always a risky business so it's good to know that harvey is a committed populist that the people can trust.

    4 out of 5 stars Interesting.......2007-05-14

    I had to read this book for a course in college. It was definately informative if you can get past the first 10-15 pages. When you first read it, it comes off as party bashing. Though I'm not affiliated with any party the book goes into historical trends with the authors opinion removed. Allow you to form your own opinions based upon the authors countless hours of research. Definately informative and interesting if you can get past the first 15 pages.

    3 out of 5 stars Interesting argument, but evidence too wobby to be persuasive.......2007-05-13

    This book makes a provocative argument: that the goal of neoliberal theory and practice is to restore wealth and power to a ruling elite. Unfortunately, I don't think it presents a strong enough case. It has a lot of footnotes and a long bibliography, but (i) many footnotes refer to an entire book, without any indication of where the fact can be found, (ii) many of the sources cited are secondary works from leftist authors or publishing houses, including the author's own works, and (iii) many purported facts, including material placed wthin quotes, are not sourced at all. While I was sympathetic to many of the author's points, I found myself constantly wondering about the reliability of his evidence.

    Sadly, the tone fits the stereotype of leftists taking themselves too seriously; it's utterly humorless and at times PC-preachy. I wished the author could write (and cite) more like Thomas Franks, who's also left of center but fun to read. Nonetheless, the book has some very interesting bits, such as about the involvement of University of Chicago economists in advising the Pinochet regime, and the comparison between the Chilean reforms with those enacted by Paul Bremer in Iraq. You'll find some stimulating ideas if you can tolerate the book's unremittingly sober mood -- but maybe double-check the facts before you start quoting it.

    PS: For historical background about the real motivations for creation of the Chicago School, see the essay by R. Van Horn and P. Mirowski, "The Road to a World Made Safe for Corporations: The Rise of the Chicago School of Economics", a draft of which (May 2005) is available online. While nowhere near as polemical as Harvey's book, this scholarly essay more tends to support Harvey's thesis than to undermine it. And it has the advantage of being based on primary source archival research in the papers of the participants, rather than on secondary sources by like-minded authors.
    The Road to Serfdom: Text and Documents--The Definitive Edition (The Collected Works of F. A. Hayek)
    Average customer rating: 5 out of 5 stars
    • What a wonderful book.
    • Definitive Indeed!
    The Road to Serfdom: Text and Documents--The Definitive Edition (The Collected Works of F. A. Hayek)
    F. A. Hayek
    Manufacturer: University Of Chicago Press
    ProductGroup: Book
    Binding: Paperback

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    ASIN: 0226320553

    Book Description

    An unimpeachable classic work in political philosophy, intellectual and cultural history, and economics, The Road to Serfdom has inspired and infuriated politicians, scholars, and general readers for half a century. Originally published in 1944—when Eleanor Roosevelt supported the efforts of Stalin, and Albert Einstein subscribed lock, stock, and barrel to the socialist program—The Road to Serfdom was seen as heretical for its passionate warning against the dangers of state control over the means of production. For F. A. Hayek, the collectivist idea of empowering government with increasing economic control would lead not to a utopia but to the horrors of Nazi Germany and Fascist Italy.

    First published by the University of Chicago Press on September 18, 1944, The Road to Serfdom garnered immediate, widespread attention. The first printing of 2,000 copies was exhausted instantly, and within six months more than 30,000 books were sold. In April 1945, Reader’s Digest published a condensed version of the book, and soon thereafter the Book-of-the-Month Club distributed this edition to more than 600,000 readers. A perennial best seller, the book has sold 400,000 copies in the United States alone and has been translated into more than twenty languages, along the way becoming one of the most important and influential books of the century.

    With this new edition, The Road to Serfdom takes its place in the series The Collected Works of F. A. Hayek. The volume includes a foreword by series editor and leading Hayek scholar Bruce Caldwell explaining the book's origins and publishing history and assessing common misinterpretations of Hayek's thought. Caldwell has also standardized and corrected Hayek's references and added helpful new explanatory notes. Supplemented with an appendix of related materials ranging from prepublication reports on the initial manuscript to forewords to earlier editions by John Chamberlain, Milton Friedman, and Hayek himself, this new edition of The Road to Serfdom will be the definitive version of Friedrich Hayek's enduring masterwork.

    Customer Reviews:

    5 out of 5 stars What a wonderful book........2007-07-07

    I always am skeptical about experts and their predictions so it was a delight to read Hayek's thoughts in 1944 about the problems with the prevailing economic theories. Life becomes the "answer key" about who was right and who was wrong. I started reading the book because of its historical importance but ended up enjoying Hayek's conversational and relaxed style. Thoughtful and balanced with the right mix of personal and societal examples. It seems that he would have been a wonderful teacher.

    5 out of 5 stars Definitive Indeed!.......2007-05-05

    This new edition of the RTS is worth buying even if you already own an earlier edition. The editor has included important material on how this book was developed and interpreted.

    As for the book itself, the Road to Serfdom explains focuses on the rise of totalitarianism in twentieth century Europe. Yet it also made a more general argument concerning the incompatibility of democracy and comprehensive central planning. Hayek argues that the pursuit of socialist ideals leads to totalitarianism. While socialist ideals seem noble to many, those who persist in realizing these ideals will find it necessary to adopt coercive methods that are incompatible with freedom. Thus socialists must choose between their egalitarian goals and the preservation of individual liberty.

    Hayek describes how Europeans came to expect progress, and became impatient for faster progress. The liberal reforms of the 19th century delivered unprecedented economic progress. Much of this was directly due to scientific discovery. The role of free competition in promoting scientific discovery was less obvious. Europeans increasingly came to believe that scientific planning of society itself could accelerate greater progress.

    Europeans also changed how they thought about equality and freedom. Insistence upon freedom from want displaced the yearning for freedom from coercion. Democracy came to be seen as a means of realizing an increasing number of social goals, rather than as a means of preserving freedom. To Hayek, these were dangerous errors. Democracy could only work effectively in areas where agreement upon ultimate ends could be attained with little difficulty. A democratic government could enforce general rules of conduct that applied to all equally (i.e. free speech and free association). Democracy can never produce agreement over policies that affect specific economic results. One always gains at the expense of others in such matters. Such Economic planning places impossible demands upon democracy. This is because pursuit of specific ends requires timely and decisive action. Democracies move too slowly to attain specific ends, so arbitrary powers of government will grow. A planned economy will ultimately require acceptance of dictatorship. This is a dire consequence, as it is the worst sort of tyrants who are most adept at wielding dictatorial powers.

    Some might say that these arguments are unduly pessimistic. Hayek points to the examples of Hitler and Stalin to support his case. Of course, these are worst case scenarios. Have not England, Sweden, and the US adopted large welfare-regulatory states without such tyranny? This is a fair point, yet we should remember two things. First, Hayek claimed that centralized control of the economy would destroy freedom ultimately, but gradually. Second, Western nations have not yet gone as far in planning their economies as did Russia and Germany in the 1930's. The fact that we have yet realized the horrible results of Stalinism implies neither that were are safe from despotism in the future, nor that our present situation is entirely satisfactory. One can easily argue that we have already started on the wrong path. For instance, Hayek's chapter on `The End of Truth' applies to modern political correctness.

    Hayek wrote this book not only to warn people about the limits of democracy and the incompatibility of planning and freedom. This was the start of his project concerning the abuse of reason. His warning is also about the tendency to overestimate the abilities of even the best and brightest individuals. Not even the best and brightest can comprehend modern societies. Socialists who favor comprehensive planning, and even modern liberals and conservatives who want to plan part of society, proceed on a false assumption concerning human reason. Ultimately, Hayek makes a strong case for limited constitutional government. To expect more of democracy than what Madison and Jefferson intended invites disaster.

    The Road to Serfdom is a profound defense of commercial society and limited government. The RTS also is where Hayek started his 'abuse of reason' project. To fully appreciate Hayek's genius in the RTS, one should read his subsequent books in this project- The Constitution of Liberty and Law Liberty and Legislation V1-3.

    The RTS has its critics, mainly on the left. Due to its insightful nature the Road to Serfdom has produced hysterical responses from the left. Leftists despise the RTS simply because it strikes at the core of both democratic-socialist or Marxist beliefs. Some serious scholars have attacked the RTS (i.e. Farrant and Levy) but their objections are misguided. The Road to Serfdom stands out as a true classic, as timeless as it is insightful. Read it completely and repeatedly.

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    2. The Rebel Raiders: The Astonishing History of the Confederacy's Secret Navy
    3. Introduction to Dynamic Macroeconomic Theory: An Overlapping Generations Approach
    4. Multinational Business Finance, 10th Edition
    5. Strategic Human Resource Management
    6. The Daughter of Time
    7. Sierra Saints, A Brief History of the Mormons in Western El Dorado County 1847-1997
    8. The Trading Athlete: Winning the Mental Game of Online Trading
    9. Statistical Analysis of Financial Data in S-PLUS
    10. Stealing with Style