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7D. ECONOMIC THEORY

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11362. THE DOLLAR AND THE YEN. See Section 7C. 10p. 37f. 29b.   $70
 
11359. CAPITAL MARKETS IN DEVELOPING COUNTRIES. CAPITAL MARKETS IN DEVELOPING COUNTRIES. Argues that one of the reasons for slow economic growth in LDCs is the absence of well-developed financial markets. Demonstrates this by looking at historical examples and some present-day ones, especially the fast-growing Pacific Rim nations. Considers how such markets make economic growth possible. 6p., 12f., 11b.   $42
 
11275. THE IMPACT OF TECHNOLOGY ON LABOR. This investigation addresses the impact of technology on work organization and labor practices in terms of the composition of the work force and the structure of job opportunities; the skill levels of the world force; the productivity of the organization; the conditions of work and/or the way work is done; the structure of the corporation; and union-management relations. KEYWORDS: technololgy job structure work organization. 15p., 36f., 24b.   $105
 
11182. MARKET STRUCTURES IN THE LONG AND SHORT-RUN Compares and contrasts the long- and short-run behavior of pure (perfect) competition, oligopoly, monopoly, and monopolistic competition, with a view to identifying trends, and ultimately the future prospects for these market structures. 8p., 21f., 12b.   $56
 
11133. THE VALUE OF LIFE ACROSS DIFFERENT CULTURES. THE VALUE OF LIFE ACROSS DIFFERENT CULTURES. Examines the problem of legal valuation of life in wrongful death cases (forensic economics) as treated in different societies. The Anglo-American tradition is contrasted with the Roman law tradition of continental Europe and the Confucian and Buddhist traditions of Asian cultures. 29p., 37f., 29b.   $133
 
11059. RICARDO AND RADICAL ECONOMICS. Elements of Ricardo's theory of capital accumulation, income distribution and growth are seen as contributing to later radical and Marxist economics. 5p., 9f., 5b.   $35
 
11055. SURPLUS VALUE IN MARX'S ECONOMIC THEORY. Marx's theory of surplus value derived from labor as the origin of capital is analyzed; absolute and relative surplus value are contrasted. 5p., 8f., 1b.   $35
 
11051. ADAM SMITH AND THE DIVISION OF LABOR. Explains origin of the division of labor and advantages to society. Considers this in light of wages and social equality and concludes that division of labor also a necessary component of the capitalist class. 5p., 12f., 1b.   $35
 
11048. ARISTOTLE AND AQUINAS ON USURY (LOAN SHARKS). Discusses nature of usury in the agricultural age of Aristotle and Aquinas as contrasted to present concepts of investment and opportunity cost. Analyzes similarities and roots of Aristotle's and Aquinas' arguments against usury. 11p., 11f., 7b.   $77
 
11047. KOREA'S ECONOMIC SUCCESS. This paper analyzes whether Korea fits the neoclassical economic model. Gives history of economic development since WWII, role of government, and weaknesses in Korean economy that could hinder future growth. Considers whether other countries could follow Korean model. 22p., 21f., 20b.   $133
 
10645. THE LEVER OF RICHES BY JOEL MOKYR. Review of a study of industrial technology and its development, focusing on the technological organizational and material reasons for the rise of industrial capitalism in the 18th and early 19th Centuries. 5p., 9f., 1b. 10645   $35
 
10640. THE SOVIET INDUSTRIALIZATION MODEL AND ITS APPLICATION IN THE USSR AND CHINA. Using books by Nove (on the Soviet economy) and Kemp (on industrialization in the non-Western world), this paper assesses the impact of Soviet model of industrialization on both the USSR and China, concluding that it has failed and discussing the reasons why. 7p. 33f. 2b.   $49
 
10575. STATE ECONOMIC POLICY IN FASCIST ITALY AND THE USSR. Compares and contrasts these regimes' economic policies, showing how they differed in terms of state-industry relations and in other ways. Primary sources are Alex Nove's An Economic History of the USSR and Roland Sarti's Fascism and the Industrial Leadership in Italy 1919-1940. 15p., 52f., 3b.   $105
 
10549. THE ROLE OF POLITICAL FACTORS IN THE SEVERITY OF THE GREAT DEPRESSION. Considers the evidence supporting the theory that the Great Depression was severely influenced by the absence of international economic leadership. Discusses what would constitute appropriate leadership and whether this theory gives an adequate understanding of the Great Depression. 13p., 18f., 12b.   $91
 
10548. A BOOK REVIEW OF TECHNOLOGY AND THE PURSUIT OF ECONOMIC CHANGE BY MOWERY AND ROSENBERG. Review of a 1991 study of the American R&D system as it has functioned over the last 130 years. Notes the shift from private to federal funding of R&D and the changing competitive environment of the global economy. 5p., 8f., 1b.   $35
 
10531. POLAND'S "SHOCK THERAPY" ECONOMIC REFORM AND EASTERN EUROPE. Examines the rapid and drastic market-oriented economic changes in Poland since the mid-1980s, contrasting them with the more gradual changes in other East European nations. Concludes that the Polish model could serve as a paradigm for the rest of the region and that such change was necessary for Poland. 12p., 40f., 25b.   $84
 
10479. PUBLIC CHOICE THEORY & THE LIBERAL AGENDA. Considers how the ideas espoused by four public choice theorists can be utilized both as an indictment of the need for political reform (from the liberal or radical perspective) and as a roadmap for effecting reform along a radical or left-wing agenda. 9p., 24f., 4b.   $63
 
10478. HOW COMMON PRACTICES OF GOVERNMENT UNDERMINE DEMOCRATIC VALUES. Discusses practices which paradoxically undermine the same system that generated them: lack of trust, vote trading in the legislature, self-interest among legislators, zero-sum rationality in the court system, special interest lobbies are all viewed as inevitable byproducts of the democratic system. 11p., 17f., 4b. 10478   $77
 
10469. ECONOMIC REFORM IN THE USSR: "SHOCK THERAPY" VS. THE PRAGMATISTS. See Section 7C. 11p. 17f. 12b.   $77
 
10469. ECONOMIC REFORM IN THE U.S.S.R.: "SHOCK THERAPY" VS. THE PRAGMATISTS. Discusses the principal economic strategies and their proponents and the state of the Soviet economy. Issues include hard currency, stabilization and foreign investment, interest rates, political considerations and corruption, and the appropriate role of the military-industrial complex. 11p. 17f. 12b.   $77
 
10436. MAINSTREAM ECONOMISTS AND THE VALUE OF BIODIVERSITY. See Section 23C. 5p. 2f. 1b.   $35
 
10436. MAINSTREAM ECONOMISTS AND THE VALUE OF BIODIVERSITY. Considers problems in the use of the welfare change measurement approach to the value of biodiversity. Argues that there is not an adequate conceptual basis for the economic valuation of biodiversity. 5p. 2f. 1b.   $35
 
10428. ECONOMIC CONSEQUENCES OF QUEBEC'S SECESSION FROM CANADA. This paper presents a discussion and analysis of what would happen if Quebec secedes from Canada. Foreign investment, decentralization, trade agreements, bilingualism, labor supply and other factors affecting the economy are discussed. 10 pages, 17 footnotes, 17 bibliographic sources.   $70
 
10419. TWO METHODS OF ECONOMIC HISTORIOGRAPHY. Compares the "absolutist" or "immanent" approach with the "relativist" approach: how important is the social and economic environment of the economist in influencing his or her theories? Concludes that evidence strongly supports the "relativist" approach in which theory is seen as a response to specific enviromental concerns. 5p. 9f. (missing) b.   $35
 
10410. AMERICA AND JAPAN AS ECONOMIC MODELS. Compares America as a model of economic liberalism and Japan as a model of economic nationalism; problems of protectionism and national industrial policy are noted and points of resemblance in the two countries are found. 5p. 6f. 4b.   $35
 
10410. AMERICA AND JAPAN AS ECONOMIC MODELS. Compares America as a model of economic liberalism and Japan as a model of economic nationalism; problems of protectionism and national industrial policy are noted and points of resemblance in the two countries are found. 5p. 6f. 4b.   $35
 
10403. FIRM DECISION MAKING IN OLIGOPOLY. Explains the use of conjectural variations in unifying the analysis of perfect competition; monopolistic competition, monopoly and oligopoly. 2 charts. 6p. 1f. 1b.   $42
 
10402. THE EXPECTATIONS-AUGMENTED PHILLIPS CURVE. (Phillips curve graphically relates inflation and unemployment.) Carefully discusses the microfoundations of the expectations-augmented Phillips curve. Identifies main policy implications. shows how the main results are affected if private agents form their expectations rationally. Discusses why the process whereby expectations are formed can be important for determining whether the monetary and fiscal authorities should follow strict policy rules or should instead implement discretionary stabilization policies. 2 charts. 6p. 1f. 1b.   $42
 
10401. A DISCUSSION OF THE USE OF THE CONCEPT OF CARDINAL UTILITY IN CONSUMER CHOICES INVOLVING RISK. Two Charts. 6p. 1f. 1b.   $42
 
10340. THE IMPACT OF MILITARY SPENDING ON ECONOMIC GROWTH: A STATISTICAL STUDY. Examines the relationship between military expenditures and economic growth, hypothesizing a negative correlation between military expenditures and economic growth as represented by GNP. Regression analysis supports the hypothesis and lends credence to the depletion school paradigm which states that growing defense spending diverts manpower, capital and technology from the private sector. 10p., 13f., 9bs. Includes a 6-page appendix with charts and graphs.   $70
 
10339. TRADE AND DEVELOPMENT. This paper considers the promises and limitations of the free trade or no-trade-strategy as applied to developing countries. The free trade prescription is assessed from the perspective of real-world economics and varying levels of development and trade readiness among Third World nations. 6p., 11f., 15b.   $42
 
10338. EDUCATION AND DEVELOPMENT. Considers the merits of the arguments for and against the World Bank's call to reduce spending on higher education in developing nations in favor of increased emphasis on primary education and basic adult literacy education. Dispels the notion that this would constitute "neo-colonial education," arguing instead that an increased emphasis on primary education is needed to reduce social inequities, improve productivity in basic sectors, and form a foundation for higher education and further development among all the population of Third World nations. 6p., 13f., 14b.   $42
 
10314. ECONOMIC IMPACTS OF ENVIRONMENTAL REGULATION. Effects of pollution control spending on business. Effects on competition; marginal costs and revenues; price elasticity; supply and demand; costs of paying fines versus polluting. 12p., 19f., 12b.   $84
 
10294. THE IMPACT OF ECONOMIC DEVELOPMENT ON WOMEN. Looks at the effects of economic development programs on the status and gender roles of women in developing nations. Socialist, nationalist and international models of development are compared for their impact on women's rights, income, health care, and gender-defined roles in marriage, workplace and politics. 23p., 37f., 33b.   $133
 
10259. LIBERALISM, NEO-MERCANTILISM, DEPENDENCY: THE CHILEAN AND SOUTH KOREAN EXPERIENCES. A case analysis of different models of economic development. Compares the experiences of Chile (representing liberal or free-market development) and South Korea (representing state-directed, "neomercantilist" development). 14p. 13f. 10b.   $98
 
10259. LIBERALISM, NEO-MERCANTILISM, DEPENDENCY: THE CHILEAN AND SOUTH KOREAN EXPERIENCES. 14p. 13f. 10b. See section 7C.   $98
 
10053. THE ECONOMIC EFFECTS OF NEGATIVE REAL INTEREST RATES IN THE MIDDLE EAST. Focuses mainly on the third world. Effects of inflation, interest rates, economic growth, money supply, banking systems, deposits, loans. Effects in Turkey, Syria, Egypt, Jordan and Lebanon. With 2 tables showing inflation and interest rate trends in Turkey and Egypt. 37p. 97f. 58b.   $133
 
10053. THE ECONOMIC EFFECTS OF NEGATIVE REAL INTEREST RATES IN THE MIDDLE EAST. 37p. 97f. 58b. See section 7D.   $133
 
09971. MILTON FRIEDMAN'S LIFE AND WORK. The laissez faire, free market theories of conservative economist Milton Friedman are examined. Friedman's life and career and the basic principles of his monetarism are noted. 5p. 8f. 4b.   $35
 
09970. ENCLOSURE, RURAL ECONOMICS AND INDUSTRALIZATION IN ENGLAND. This paper examines the economic and social impact of the enclosure of open fields and commons in rural England in the 16th to 19th centuries. Opposition and protest are noted, and enclosure’s role in rural ‘proto-industrialization’ is considered. Keywords: land economics rural 1500-1800 English. 10 pages; 27 footnotes; 13 bibliographic sources.   $70
 
09967. ECONOMIC FACTORS LEADING TO WORLD WAR I. Examines the eocnomic forces leading to the outbreak of war; war profits and economic imperialism are seen as less important than Germany's ambition for economic domination of Europe. 5p., 11f., 4b.   $35
 
09961. THE FEDERAL RESERVE SYSTEM. 23p. 29f. --b. See Section 7A.   $133
 
09961. THE FEDERAL RESERVE SYSTEM. A comprehensive review of the U.S.' central bank. Reviews its history and structure as well as its functions and operations. Analyzes some of the recent problems and policies within the system, including deregulation and Third World debt. 23p. 29f. --b.   $133
 
09958. THE POST WORLD WAR II BUSINESS CYCLES. 12p. 20f. 7b. See Section 7A.   $84
 
09958. THE POST WORLD WAR II BUSINESS CYCLES. Analyzes economic factors and government actions in response to cycles of recession and inflationary expansion since World War II. Provides a detailed analysis of the 1949-53 recession-inflationary cycle; the long boom of the 1960s, the "stagflation" of the 1970s, and the deficits and downturns of the 1980s. 12p. 20f. 7b.   $84
 
09941. ECONOMIC TRENDS OF THE 1990'S. Critical review and analysis of an article in Management Review which argues that the pivotal trends of the 1990s will be the internationalization of corporations, the globalization of financial markets, and the growing reliance on workforce talent. The analysis draws upon related literature in marketing, management, economics and education to argue that America's position in the future global market is precarious at best. 8p., 27f., 12b.   $56
 
09922. DO INFORMED CONSUMERS MAKE BETTER DECISIONS? Looks at literature in consumer research to determine how (and if) consumers benefit from product and/or service information. Describes some of the major barriers to consumers' use of information, including consumer motivations, point of reference, availability and quality of information, quantity of information, and consumer information processing limitations. 7p., 15f., 13b.   $49
 
09719. MINIMUM WAGE AND UNEMPLOYMENT. Traces the theoretical relationship between minimum wage rates and unemployment. Presents the economic, social and political arguments (supported with empirical evidence) for and against recent proposal to increase the minimum wage. 10p., 36f., 28b.   $70
 
09634. THE MONETARY SYSTEM AND THE ROLE OF THE GOVERNMENT. Presents a definition of money in terms of its four functions, explains the role and function of central banks such as the Federal Reserve System, details the potential impact of government spending on monetary controls, and discusses a a change in one country's tax policy can create a stock market crash in another country. 12p. 17f. 7b.   $84
 
09589. UTILITARIANISM AND INEQUALITIES OF WEALTH. Compares and contrasts the ways in which the problem of income inequities are treated under the philosophies of utilitarianism and egalitarianism. 5p. 6f. 1b.   $35
 
09589. UTILITARIANISM AND INEQUALITIES OF WEALTH. Compares and contrasts the theoretical treatment of inequalities of wealth under utilitarianism and egalitarianism. 5p. 6f. 1b.   $35
 
09495. INSIDER TRADING AND MARKET EFFICIENCY. Two separate analyses: The first defines and describes insider trading; the second defines market efficiency and describes its central characteristics. 5 pages, 6 footnotes, 5 bibliographic sources.   $35
 
09395. MANAGEMENT BY WHOSE OBJECTIVES? Calls into question the basic assumption that corporate executives behave in a way which matches with the organization's goal of profit maximization. Looks at the evidence from both an accounting perspective and from the perspective or organizational psychology. 15 pages, 30 footnotes, 26 bibliographic sources.   $105
 
09318. TECHNOLOGY: 16TH CENTURY EUROPE VERSUS 16TH CENTURY CHINA. A brief examination of the comparative stages of technological development in China and Europe during the 16th Century. Argues that Europe's political, economic and philosophic structures better supported the advancement of technology. 5 pages, 6 footnotes, 5 bibliographic sources.   $35
 
09296. FORECASTING INTEREST RATES. 9p. 17f. 12b. See Section 5C, 7D.   $63
 
09296. FORECASTING INTEREST RATES. An analysis of interest rate forecasts. The influence of federal debt, Federal Reserve monetary policies, the sinking dollar, and the trade deficit are taken into account. Includes background on interest rate forecasting and a history of recent interest rate trends. 16p. 22f. 12b. See Section 7D.   $112
 
09146. CONSTITUTIONAL ECONOMICS: THE PROCESS OF OPERATIONAL PUBLIC CHOICE. A comprehensive study of political economist James M. Buchanan's arguments for a "constitutional- contractarian" system of government. Buchanan's theory is described, several operational applications (school tax vouchers, competition in public housing, uniform taxation) are analyzed, and critiques of the contractarian argument are presented. 29 pages, 44 footnotes, 14 bibliographic.   $133
 
09145. THE LIFE AND WORK OF JOHN MAYNARD KEYNES. A brief biography of Keynes' life and a short summary of the basic elements of his economic theory. 6 pages, 8 footnotes, 3 bibliographic sources.   $42
 
09144. THE LIFE AND WORK OF ADAM SMITH. A brief biography and discussion of the l8th Century economist focusing on Wealth of Nations. 5 pages, 7 footnotes, 2 bibliographic sources.   $35
 
09140. IMPERIALISM IN THE MODERN WORLD. An overview and analysis of current political thought on revisions of classical theories of imperialism. The focus is on Third World countries (especially Brazil) and the role played by multinational corporations. 10p. 7f. 6b.   $70
 
09096. AN ANALYSIS OF ECONOMIC FACTORS AFFECTING THE CONDOMINIUM MARKET IN THE SAN FRANCISCO BAY AREA. Examines the thesis that any significant future increase in credit availability will lead immediately to a market "boom' because of pentup demand for owner occupied housing of all types. Emphasizes consumer tastes and credit availability. 5p. 3f. 10b.   $35
 
08913. MORE'S UTOPIA. The feasibility of More's Utopian communism in a modern economy is examined. 6p. 5f. lb.   $42
 
08729. EMERGENCE OF CAPITALISM IN EARLY MODERN EUROPE. This paper explores the reasons why capitalism emerged in early modern Europe. Argues that social, economic and technological factors converged to make the emergence of capitalism possible. Specific factors cited in the rise of capitalism include the development of seaborne commodity trade, the profits from slave-based agriculture, the rise of Protestantism and its work ethic, and the development of specific technologies, especially the steam engine. 10 pages, 9 footnotes, 4 bibliographic sources.   $70
 
08709. THE HUB-AND-SPOKE CONCEPT IN AIRLINE DESIGN. Describes the evolution and structure of hub and spoke airline routing system following 1978 airline deregulation. Discusses marketing and economic advantages to airlines in using the system as well as negative revenue impact on airports resulting from the system. A cost analysis study revealed that as hubs become more congested and are subject to increased airline competition, they lose their cost effectiveness. 20 pages, 38 footnotes, 14 bibliographic sources.   $133
 
08634. INTEREST RATES. Examines the changes in real interest rates from the mid-1950s through the mid-1980s. The role of interest rates in the lending industry, in the merchandise trade deficit and in the economy in general is considered. 5p. 4f. 4b.   $35
 
08626. STATE AND PROPERTY. Considers the conflicting and complementary interests of the State and property and the risk of a capital strike. 5p. 8f. 3b.   $35
 
08625. PITFALLS OF SUPPLY-SIDE ECONOMICS. Explores the fallacies of supply-side economic theory, with particular attention to the logic behind the Economic Recovery Tax Act of 1981 and the Accelerated Cost Recovery System. The essayist calls into question both the theoretical assumptions of supply-siders as well as their dubious understanding of how business decisions are made. 4 pages, 10 footnotes, 4 bibliographic sources.   $28
 
08591. TWO PERSPECTIVES ON AMERICAN SOCIAL ECONOMICS. Review and comparative analysis of two books, Social Limits to Growth and The Joyless Economy which attempt to come to terms with the social roots of the problems of economic scarcity as they are manifested in contemporary developed economics. Assesses the relative merits of each author's arguments and analysis. 10p. 19f. 2b.   $70
 
08542. THE NEW INDUSTRIAL STATE BY JOHN KENNETH GALBRAITH. Summary review and analysis of Galbraith's 1967 book which portrays the industrial state as a highly technological and technologically dependent, capital intensive and well-planned social and political mechanism. 5 pages, 6 footnotes in text, 1 bibliographic source.   $35
 
08509. BUSINESS CYCLES: THEORIES AND DEFINITIONS. Defines and discusses the two major perspectives of business cycle theory, over-investment and underconsumption. Major theorists such as Schumpeter, Mitchell, and Keynes are discussed. Includes two graphs which illustrate theoretical principles involved in consumption, investment, and saving. 11 pages, 11 footnotes, 4 bibliographic sources.   $77
 
08473. ENTREPRENEURIAL STRESS. Investigates the entrepreneur as a victim of work-related stress. Analyzes the stressors and stress responses particular to entrepreneurs and presents a potential stress management program directed at this group. 10p. 14f. 11b.   $70
 
08466. EDUCATION AND WORKERS' PRODUCTIVITY. Analyzes the issue of whether or not education increases workers' future productivity. Two opposing viewpoints are discussed which include an analysis of the different implications of the two views. 6p. 6f. 5b.   $42
 
08449. THE JUST-IN-TIME INVENTORY SYSTEM. Explains the rationale behind the steps involved in implementing a Kanban system of inventory control. Considers advantageous and disadvantageous situations for the implementation of this system. 5p. 12f. 6b.   $35
 
08448. THE JUST-IN-TIME INVENTORY AND PRODUCTION PROCESS. Explains the just-in-time inventory process, a derivative of the Japanese Kanban system, in terms of its implementation, its benefits, and its drawbacks. 6p. 6f. 5b.   $42
 
08407. COST-BENEFIT ANALYSIS: ITS PURPOSE AND LIMITATIONS. An examination of how cost-benefit analysis relates to public finance and expenditures. Analyzes the technique's theoretical foundations as well as its benefits and limitations. 10 pages, 31 footnotes, 12 bibliographic sources.   $70
 
08359. EFFECT OF INTERNATIONALIZATION OF THE YEN ON THE JAPANESE AND US BALANCES OF PAYMENTS. After isolating and evaluating the consequences of the dollar-yen agreement on the Japanese economy, this investigation analyzes the effects that these deregulation and liberalization measures will exert on the Japanese and the US balance of payments. 20p. 17f. 18b.   $133
 
08351. CAPITAL FLIGHT FROM LESS DEVELOPED COUNTRIES. Examines the reasons behind the domestic and foreign consequences of the phenomenon of capital flight. The investigation focuses on the movement of capital from Latin American countries to the U.S., particularly Southern Florida. 10p. 19f. 12b.   $70
 
08257. "AN INQUIRY INTO THE HUMAN PROSPECT" BY ROBERT L. HEILBRONER. Summary and analysis of Heilbroner's work which attempts to formulate a serious answer to the rhetorical question: Is there hope for man? 5 pages, 6 footnotes, 1 bibliographic source.   $35
 
08230. THE COST OF CAPITAL. An analysis and description of concepts and methodology used in the calculation of a firm's cost of capital, as applicable to budgeting and investment opportunities. Weighted Average cost of Capital and Marginal Cost of Capital are discussed. Diagrams included. 8 pages, 21 footnotes, 4 bibliographic sources.   $56
 
08162. IMPACT OF COMPUTER TECHNOLOGY ON A DEVELOPED ECONOMY. A study on the impact of very large-scale integration of computer technology, with particular attention to the microprocessor, on a developed economy. The influence of the microprocessor in such diverse areas as technical research, office automation, accounting and personal usage is examined. Potential job displacement, the restructuring of educational programs, and cultural resistance are discussed in relation to increasing technological integration. 18p. 25f. 21b.   $126
 
08147. INFLATION: ASPECTS OF CAUSES, COSTS AND PREVENTION. Discusses the causes and processes of demand-pull inflation and supply-short inflation in the U.S. economy between 1966-1981. Inflation during the period 1971-1977 considered as an example of poor government response. 6 pages, 13 footnotes, 2 bibliographic sources.   $35
 
08123. IMPACT OF COMPUTER TECHNOLOGY ON A DEVELOPED ECONOMY. A detailed overview of all aspects of the great increase in computer useage and its ef.fect on a developed country. Surveys the opinions of a variety of experts concerning the effect on society, business management, and employment. Discusses the health hazard of V.D.T.s in the workplace, the increasing use of personal computers and the issue of privacy among other topics. 18p. 3Of. 21b.   $126
 
08061. CAUSES AND CONSEQUENCES OF THE INDUSTRIAL REVOLUTION IN BRITAIN. A study of the Industrial Revolution in Britain between 1750 and 1850. The modernization of the textile industry, introduction of the steam engine, shift from a rural to an urban economy, and the social consequences of the Industrial Revolution are covered. 8 pages, 15 footnotes, 4 bibliographic sources.   $56
 
07703. MONEY SUPPLY AND GOVERNMENT BORROWING. Overview of theory of money supply and government borrowing, and of the Reagan budget-deficit controversy of 1983-1984. Includes quantity theory of money, demand and supply of money, federal role, IS-LM curves, Keynesian and monetarist views of whether "crowding out" of private investment by government borrowing occurs. Reagan budget controversy, views of Feldstein and Volcker, statistics of budget, views of financial markets. Concludes that massive government borrowing does discourage private investment through high interest rates. 11p. 23f. 7b.   $77
 
07700. THE ROLE OF MARKET IN THE SOVIET ECONOMY. Good brief overview of four topics: why the Soviet Union is not a market economy, the legal role of market in Soviet agriculture, the illegal black market and underground capitalists, and the prospects for reform (very remote) focusing on Andropov and Chernenko regimes. 6p. 18f. 9b.   $42
 
07698. THE WORLDLY PHILOSOPHERS. Summary of the chapters (3-11) covering the lives and thought of the great economists with brief review. Finds one possible error, but is forced to admit that Heilbroner entertains while he educates, the sure sign of a great book. 10p. 13f. 1b.   $70
 
07697. QUALITATIVE COST/BENEFIT ANALYSIS FOR THE EASTER PETROCHEMICAL COMPANY (SHARQ) OF SAUDI ARABIA. Or, how to do a cost/benefit study without exact statistics. Covers the current depressed state of the petrochemical industry, how and why Saudi Arabia decided to enter industry and implications for the industry; benefits of the proJect to the company; benefits to Saudi GNP, and social and technical benefits to Saudi development; costs to the company; potential costs to Saudi economy such as problems of pollution or problems with expatriate workers; opportunity costs. Concludes favorably to this Saudi proJect. 18p. 28f. 15b.   $126
 
07684. THE LEARNING CURVE: A TOOL FOR MANAGEMENT. Comprehensive overview of the learning curve--the fact that improvement is possible in almost any business situation. Includes the unconscious use the learning curve by Henry Ford, definition of concept in 1930's, use in wartime aircraft industry; formal definition and equation; characteristics of learning curves; use in production planning; use in strategic analysis; use as a concept of management: improvement is always possible, and if you're not getting it, you're managing wrong. 13p. 30f. 6b.   $91
 
07683. CAPACITY ALTERNATIVE IN PRACTICE. Overview of the short-term and long-term problems of supplying just the right capacity of productive resources. Who the rising per-unit cost environment of the 1980's favors conservatism and flexibility in capacity strategies; capacity planning in general; short-term alternatives for greater flexibility; new productive development as long-term capacity planning; how specific industries such as Petrochemicals and oil refining have erred in the past and what they are doing to become more flexible in capacity provision. Conclusion favors increased and more sophisticated planning and awareness of the need for flexibility. 15p. 25f. 10b.   $105
 
07682. THE CHANGING ROLE OF INTERNATIONAL OFFICIAL LIQUIDITY. Overview of the international monetary system 1944-1984. What the international monetary system and international liquidity are; the Bretton Woods system, why it was established, what it was expected to be and what it was in practice; the problems that led to the financial crises of 1968-1973; the Nixon shock, floating rates, SDRs, and the effects of the oil shock; recycling petrodollars and the effects of this on international liquidity; the relation of the debt crisis of 1982-1983 to international liquidity, and how the debt problem is being solved. 17p. 31f. 13b.   $119
 
07679. DOES SOUND ECONOMIC POLICY REQUIRE A BALANCED FEDERAL BUDGET? Pro and con discussion, looking at historical roots of attitudes before Keynes; Keynes contribution and the postwar "countercyclical" orthodoxy; how economic problems of l970s have brought new attitudes symbolized by Paul Volcker, Martin Feldstein, Helmut Schmidt, and Arthur Burns: deficits do contribute to inflationary psychology and high interest rates which impede recovery. Conclusion: small countercyclical deficits OK, but large persistent deficits are a real problem. 8p. 19f. 11b.   $56
 
07678. THEFT BY EMPLOYEES: A BOOK REVIEW. Summary and review of this book by Hollinger and Clark. The book is the result of an extensive and intensive study of employee theft conducted by two sociologists, with fascinating first-hand data on the extent of and attitudes to the problem. Five hypotheses of causes of theft are examined, with the conclusion that the informal "social controls" of the peer group are the most effective deterrent, and that management must bake its commitment to honesty a major priority to achieve results. Review is very favorable to this ground-breaking result. 5p. 1b. notes in text.   $35
 
07674. OPEC AS AN EXAMPLE OF MONOPOLY. Good brief overview of OPEC's efforts to maximize oil revenues. Includes OPEC as organization of sovereign states, formation and early history, political elements of OPEC actions 1970-1974, how falling demand and rising non-OPEC production forced price cut in 1983. 8 pages, 16 footnotes, 16 bibliographic sources.   $56