Search results for "Sebastian Edwards"
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Chile Project
How Chile became home to the world’s most radical free-market experiment—and what its downfall suggests about the fate of neoliberalism around the globeIn The Chile Project, Sebastian Edwards tells the remarkable story of how the neoliberal economic model—installed in Chile during the Pinochet dictatorship and deepened during three decades of left-of-center governments—came to an end in 2021, when Gabriel Boric, a young former student activist, was elected president, vowing that “If Chile was the cradle of neoliberalism, it will also be its grave.” More than a story about one Latin American country, The Chile Project is a behind-the-scenes history of the spread and consequences of the free-market thinking that dominated economic policymaking around the world in the second half of the twentieth century—but is now on the retreat.In 1955, the U.S. State Department launched the “Chile Project” to train Chilean economists at the University of Chicago, home of the libertarian Milton Friedman. After General Augusto Pinochet overthrew socialist president Salvador Allende in 1973, Chile’s “Chicago Boys” implemented the purest neoliberal model in the world for the next seventeen years, undertaking a sweeping package of privatization and deregulation, creating a modern capitalist economy, and sparking talk of a “Chilean miracle.” But under the veneer of success, a profound dissatisfaction with the vast inequalities caused by neoliberalism was growing. In 2019, protests erupted throughout the country, and in 2022 Boric began his presidency with a clear mandate: to end neoliberalismo.In telling the fascinating story of the Chicago Boys and Chile’s free-market revolution, The Chile Project provides an important new perspective on the history of neoliberalism and its global decline today.
R 501.00
American Default
The untold story of how FDR did the unthinkable to save the American economyThe American economy is strong in large part because nobody believes that America would ever default on its debt. Yet in 1933, Franklin D. Roosevelt did just that, when in a bid to pull the country out of depression, he depreciated the U.S. dollar in relation to gold, effectively annulling all debt contracts. American Default is the story of this forgotten chapter in America's history.Sebastian Edwards provides a compelling account of the economic and legal drama that embroiled a nation already reeling from global financial collapse. It began on April 5, 1933, when FDR ordered Americans to sell all their gold holdings to the government. This was followed by the abandonment of the gold standard, the unilateral and retroactive rewriting of contracts, and the devaluation of the dollar. Anyone who held public and private debt suddenly saw its value reduced by nearly half, and debtors--including the U.S. government—suddenly owed their creditors far less. Revaluing the dollar imposed a hefty loss on investors and savers, many of them middle-class American families. The banks fought back, and a bitter battle for gold ensued. In early 1935, the case went to the Supreme Court. Edwards describes FDR's rancorous clashes with conservative Chief Justice Charles Evans Hughes, a confrontation that threatened to finish the New Deal for good—and that led to FDR's attempt to pack the court in 1937.At a time when several major economies never approached the brink of default or devaluing or recalling currencies, American Default is a timely account of a little-known yet drastic experiment with these policies, the inevitable backlash, and the ultimate result.
R 882.00
American Default
The untold story of how FDR did the unthinkable to save the American economyThe American economy is strong in large part because nobody believes that America would ever default on its debt. Yet in 1933, Franklin D. Roosevelt did just that, when in a bid to pull the country out of depression, he depreciated the US dollar in relation to gold, effectively annulling all debt contracts. From FDR’s order for Americans to sell the government all their gold holdings to the Supreme Court confrontation that threatened to finish the New Deal, American Default provides a compelling account of an economic and legal drama that embroiled a nation.
R 789.96
Toxic Aid
For many years Tanzania was the darling of international aid agencies. During the 1970s it received more assistance per capita than any other nation in the world. And yet, the economy performed dismally: growth was negative, exports collapsed, and poverty increased massively. In the mid-1980s, however, the international community changed tack and developed an approach based on conditionality and "program ownership". Since 1996 the country has grown steadily, andsocial conditions have improved significantly. This book provides an economic history of Tanzania since independence in 1961. It covers the policies of African Socialism and the Arusha Declaration, the collapse of the early 1980s, the rocky relationships with the IMF, and the reforms of the 1990s and2000s. This book shows that the relationship between foreign aid economic is highly complex, and that the effect of foreign assistance on poor countries performance depends on historical circumstances, ownership of programs, and the involvement of the local communities.
R 1,469.00
Capital Controls, Exchange Rates, and Monetary Policy in the World Economy
The essays collected in this volume, written by well-known academics and policy analysts, discuss the impact of increased capital mobility on macroeconomic performance. The authors highlight the most adequate ways to manage the transition from a semi-closed economy to a semi-open one. Additionally, issues related to the measurement of openness, monetary control, optimal exchange rates regimes, sequencing of reforms, and real exchange rate dynamics under different degrees of capital mobility are carefully analyzed. The book is divided into four parts after the editor's introduction. The first part contains the general analytics of monetary policy in open economies. Parts two to four deal with diverse regional experiences, covering Europe, the Asian Pacific region, and Latin America. The papers on which the essays are based were originally presented at a conference on Monetary Policy in Semi-Open Economies, held in Seoul, Korea in November 1992.
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Capital Controls, Exchange Rates, and Monetary Policy in the World Economy
The essays collected in this volume, written by well-known academics and policy analysts, discuss the impact of increased capital mobility on macroeconomic performance. The authors highlight the most adequate ways to manage the transition from a semi-closed economy to a semi-open one. Additionally, issues related to the measurement of openness, monetary control, optimal exchange rates regimes, sequencing of reforms, and real exchange rate dynamics under different degrees of capital mobility are carefully analyzed. The book is divided into four parts after the editor's introduction. The first part contains the general analytics of monetary policy in open economies. Parts two to four deal with diverse regional experiences, covering Europe, the Asian Pacific region, and Latin America. The papers on which the essays are based were originally presented at a conference on Monetary Policy in Semi-Open Economies, held in Seoul, Korea in November 1992.
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Edwards on God
Jonathan Edwards is generally acknowledged as one of the foremost American philosophers. Edwards on God offers a historically informed philosophical analysis of his arguments for the existence and nature of God.The book begins with a characterization of Edwards’s intellectual profile and philosophical theology. It then explicates and evaluates his arguments from the beginning of existence, design, ‘being in general’, virtue as benevolence, and his account of natural and moral divine attributes. There is no other such treatment of Edwards’s metaphysics of divinity.This volume will be primarily relevant to philosophers, historians and theologians.
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SERVICE - Open in the Navy (Paperback)
Dylan's lifestyle may be questionable to morally conservative (i.e. narrow-minded) individuals, but his family values and home life prove to be no different than his or Tanner's parents when they got married. He makes a killer living compared to Tanner but when it comes to falling in love with someone else, everything that he has might just as well belong to whoever holds the key to his heart and so it's really no different than that of my own parents or those of you, my readers. I've come to discover that the only difference in heterosexual versus homosexual couples is simply that of plumbing. The love is the same, the dynamics are the same, the issues at home and work are the same. So I hope that when you read the story you'll enjoy every aspect of their lives together and appreciate what love really means to two people who fall in love while being forced to confront in your face homophobia from a superior officer and possibly have to choose between his love of the Navy and his love for Dylan?
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Images of India in British Fiction: Anglo-India vs. the Metropolis
This book investigates how India was portrayed in British novels and short stories during the heyday of the British Raj. In the tradition of post-colonial studies such as Edward Said’s Orientalism, it will be considered in how far fiction by Rudyard Kipling and other writers supported the institution of the Raj by establishing and spreading certain ideas about the Indian sub-continent and the Indian people. In addition, Said’s claims concerning the consistency of what he labels Orientalist discourse will be challenged to a certain degree, as British authors who lived in India are more likely to present an image of the country that is at least partly more detailed and nuanced than portrayals of the Indian scene created by writers who never saw the sub-continent.
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