Although Latin America had a substantial merchant fleet by the 1950s, at the end of the century most of the major shipping companies have disappeared from the continent. Continuing to grow through protectionist efforts during the 1960s and 1970s, the industry began to decline when container technology, requiring large capital investments, shifted competition to access capital. This book shows how technology undermined and finally shattered the nationalist efforts to create a significant Latin American merchant shipping industry. Written in a clear and concise style, it provides the first...
Although Latin America had a substantial merchant fleet by the 1950s, at the end of the century most of the major shipping companies have disappear...
The First and Second Industrial Revolutions were about energy: steam power revolutionized 19th-century Great Britain and electric power revolutionized 20th-century America. Yet political economy, the science of wealth born of the First Industrial Revolution, is devoid of energy, focusing instead on machinery or capital. According to basic mechanics, tools per se are not productive, as they are not source of energy. This book uses basic mechanics and thermodynamics to reexamine the rise of political economy as the science of wealth in the 19th and 20th centuries. The study shows that the...
The First and Second Industrial Revolutions were about energy: steam power revolutionized 19th-century Great Britain and electric power revolutioni...
With the fall of the Soviet Union, the political environment in Europe has changed dramatically, and security requirements for NATO countries have undergone a radical transformation. Yet, as illustrated by the recent bombing of Kosovo, restructuring of the defense industrial sectors in Europe lags behind the United States. The most egregious example is the armored vehicle sector, particularly in Britain, Germany, and France. Identifying five conditions necessary for restructuring the armored vehicle industry, this book looks at the absence or presence of these economic conditions in each...
With the fall of the Soviet Union, the political environment in Europe has changed dramatically, and security requirements for NATO countries have ...
Challenging the libertarians' definition of "freedom" and "democracy," this study portrays the social philosophy of Milton Friedman, James Buchanan, Friedrich Hayek, and George Stigler as the bulwark of an attack on welfare and regulatory state collectivism and as undermining majoritarian democracy, political and civil liberties, and social equality. The book opens with Frank Knight's doctrines and their impact on the Chicago laissez faire economists, places libertarianism within the American tradition of empirical collectivism, and explores Friedrich Hayek's road-to-serfdom thesis within...
Challenging the libertarians' definition of "freedom" and "democracy," this study portrays the social philosophy of Milton Friedman, James Buchanan...
In this work, Professor Niemi offers statistical evidence as to the dispersal of industry after the Civil War and its later concentration as well as the changes in the structural composition of American manufacturing output.
In this work, Professor Niemi offers statistical evidence as to the dispersal of industry after the Civil War and its later concentration as well a...
