However, the greatest concern is that govern- ment has surrendered one of its most important powers—the power to create money and control the money supply—to the private sector which has exploited this power to blow up housing bubbles and indirectly transfer wealth upwards and inwards, with disastrous results. There has been no demo- cratic debate about this transfer of power, and no law a…
One of the main concerns of economics is how best to allocate scarce resources. This preface aims to help allocate scarce copies of this book to the right readers, and guide different readers through various ways of using it.
This book is based upon my experiences in research as a student, practitioner and teacher. The difficulties I faced in understanding research as a student, my discoveries about what was applicable and inapplicable in the field as a practitioner, and my development of the ability effectively to communicate difficult concepts in simple language without sacrificing technicality and accuracy as …
Project management has evolved from its formative stages in the 1940s to become a leading international and interdisciplinary application. The relevant professional bodies (the International Project Management Association and Project Management Institute) operate globally and across most areas of industry and commerce. Project management practices and procedures operate across a wide range of a…
Introduction Corporate finance is concerned with the financing and investment decisions made by the management of companies in pursuit of corporate goals. As a subject, corporate finance has a theoretical base which has evolved over many years and which continues to evolve as we write. It has a practical side too, concerned with the study of how companies actually make financing and invest…
OGSM students are expected to meet standards of personal and professional integrity. This bulletin is designed to acquaint OGSM students with the expectations of them and their responsibilities as members of the university community. This bulletin is available online on Blackboard, Owen Catalog 2015- 2016, and all students receive a copy during orientation. It is the student’s responsibility …
This book attempts to deal with financing and investment decision making, with particular focus on the private sector of the UK economy. Its approach is to set out the theories that surround each area of financial decision making and relate these to what appears to happen in practice. Where theory and practice diverge, the book tries to reconcile and explain the differences. It also attempt…
I am an old woman now, and things are very different to what they were in my youth. Then we, who travelled, travelled in coaches, carrying six inside, and making a two days' journey out of what people now go over in a couple of hours with a whizz and a flash, and a screaming whistle, enough to deafen one. Then letters came in but three times a week; indeed, in some places in Scotland where I…
All health service providers want to get the most out of their investments. To enable them to do so, they need to actively manage health service assets, ensuring that they are used efficiently and optimally. All management takes place in the context of your health system’s policies and finances. If these are favourable, the management of health service assets can be effective and efficient, a…
An economist must be “mathematician, historian, statesman, philosopher, in some degree . . . as aloof and incorruptible as an artist, yet sometimes as near the earth as a politician.” So remarked John Maynard Keynes, the great British economist who, as much as anyone, could be called the father of macroeconomics. No single statement summarizes better what it means to be an economist. …
I feel encouraged by the widespread response from teachers and students alike to the first edition. I am presenting this second edition, thoroughly revised and enlarged, to my readers in all humbleness. All possible efforts have been made to enhance further the usefulness of the book. The feedback received from different sources has been incorporated. In this edition a new chapter on “The…
This book is not just one of the many introductions to Human Resource Management that are published, year after year, for use in HRM classes. Authors of those introductions face many challenges, such as the need to produce something that is both theoretically sound and practically valuable, or to find a way to integrate discussions on a variety of topics into one comprehensible teaching too…