This book puts economics to work on the daily problems faced by investors, traders, speculators and brokers as they wrestle with increasingly complex financial markets. Drawing on data direct from the financial behavior of households, corporations, and governments, through to the prices of individual securities, the authors show how accessible but rigorous economics can help the players make sense of the hour-by-hour reality of the way financial markets move. Many of the twists and turns that might seem random at first sight are, they contend, rational and often predictable. But...

Originally published in 1985, this book provides a comprehensive discussion of the concept of corporatism. It seeks to develop models of the different types of corporatism against the background of a general model. It represents a systematic attempt to clarify, rather than simply discuss, the concept of corporatism in its various usages. It examines the three varieties of corporatism: a body of nineteenth- and twentieth-century prescriptive economic and social thought; the practice of certain authoritarian regimes with private ownership of the means of production and wage labour; and a...