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What if everything you've learned about inflation is wrong?

The Inflation Myth and the Wonderful World of Deflation illustrates our rapidly changing world where constant technological innovation leads to cheaper and better products. These changes are no longer reflected in the ways we measure inflation. Renowned investor and author Mark Mobius persuasively argues that what we believe to know about inflation today does not reflect the reality any longer. It is a myth, a legend, a fable, and, yes, a falsehood for a number of reasons.

The Inflation Myth and the Wonderful World of Deflation tackles a number of fascinating topics, including:

• The political nature of inflation measurement where governments manipulate and exploit inflation numbers to fit their economic programs
• The extreme difficulty involved in gathering accurate data to measure inflation and the resulting inaccuracy of those measures
• The error of using currencies to measure inflation when those currencies are continually being debased by the governments who issue them
• Finally, and most importantly, the advances in technology and automation which are leading to continuously falling costs for goods and services

Perfect for anyone with even a passing interest in macroeconomic phenomena or government policies, which are significantly impacting people's everyday lives around the world, The Inflation Myth and the Wonderful World of Deflation provides a remarkably compelling and provocative view of stunning originality.

Sustainability is a pressing concern for people and governments around the world, but it is also an essentially contested concept that requires an understanding of the stakes, trade-offs, and complex politics at play. Sustainability: The Basics offers an accessible and interdisciplinary introduction to the concept, and discusses key questions such as:

• What are the core principles of sustainability?
• What are the key ethical considerations for questions of sustainability?
• How do we measure sustainability?
• What are the critical obstacles to achieving global sustainability?
• What happens when societies fail to observe principles of sustainability?

Fully updated in its second edition, Sustainability: The Basics now includes coverage of the Sustainable Development Goals, a global range of case studies and explores the complex social dynamics of Earth system changes that affect our critical life supports. The second edition also proposes a new, "sustainable humanism" that animates much of our work to make a better, more humane world.

As the world reels from the effects of the Covid-19 pandemic, this book is an ideal starting point for anyone who wants to know more about what we need to do to sustain civilization, humanity, and the world we live in.

This volume is intended to serve as a review of the "next generation" of political economy scholars in what can be called the "Wagnerian" tradition, which traces its roots to Buchanan and De Viti De Marco in the 1930s, who argued that any decision that results from a political entity must be the product of individual decision makers operating within some framework of formal and informal rules. To treat these decisions as if they were the product of one single mind, or even simply the additive result of several decisions, is to fundamentally misunderstand and mischaracterize the dynamics of collective action. Today, Richard Wagner is among the most prominent theorists in analyzing the institutional foundations of the economy and the organization of political decision-making. In this collection of original essays, former students schooled in this tradition offer emerging insights on public choice theory, public finance, and political economy, across a range of topics from voting behavior to entrepreneurship.

An important read for scholars and students interested in the impact of the pandemic, this book will also be an invigorating read for economists and policy-makers looking for more information on how the pandemic and resulting economic recession is affecting productivity.

This book explores human decision-making heuristics and studies how nudging and winking can help citizens to make rational choices. By applying the behavioral economics approach to political outcomes, it demonstrates how economics can be employed for the greater societal good.

It starts with a review of the current literature on human decision-making failures in Europe and North America, presenting the wide range of nudges and winks developed to curb the harmful consequences of human decision-making fallibility. It then discusses the use of mental heuristics, biases and nudges in the finance domain to benefit economic markets by providing clear communication strategies. Lastly, the author proposes clear leadership and followership directives on nudging in the digital age. This book appeals to scholars and policy makers interested in rational decision-making and the use of nudging and winking in the digital age.

New firm creation is one of the most important topics at economic, social and political level. The emergence of new ventures is central to economic adaptation and change and one of the major features associated with growth in employment and in sector productivity. Entrepreneurship is now at the centre of many policy questions related to science and technology, research and development, sustainability, poverty, human capital, employment, tangible and intangible resouces. This book provides a better understanding of the process for setting up new initiatives, analysing the several factors related to entrepreneurship dynamic. It specifically analyses the factors explaining the entrepreneurial rates in Italy and the differences in entrepreneurial dynamics in a sample of EU countries. This book shows that the entrepreneurial dynamics is very different across countries and to establish a policy to foster entrepreneurship, there is a need to investigate which factors drive the entrepreneurial process.

This book will be of interest to academics and practitioners in Entrepreneurship, and it also offers interesting indications to policy makers. Stimulating innovative entrepreneurship is one of the highest priorities in the current economic debate, and is particularly important in countries like Italy, where economic growth is slow and youth unemployment rates are very high.

Has politics reached breaking point? Rather than defending liberalism or abandoning it, how can a socially just and ecological alternative be built?

Peadar Kirby investigates the causes of our current multifaceted global crisis by drawing on the work of Karl Polanyi. This book explores Polanyi's theory that social disruptions result from the attempt to run society according to the rules of the market. Drawing on these ideas, it outlines pathways towards an alternative future that overcome weaknesses in Marxism. Linking the ecological, political and socio-economic crises, Kirby identifies that an alternative socio-ecological model is emerging, consistent with the insights of Polanyi.

Karl Polanyi and the Contemporary Political Crisis is an urgent intervention into key debates on the future of politics, on the low-carbon transition, on automation and on the emerging world order.

Energy drives the economy, economics informs policy, and policy affects social outcomes. Since the oil crises of the 1970s, pundits have debated the validity of this sequence, but most economists and politicians still ignore it. Thus, they delude the public about the underlying influence of energy costs and constraints on economic policies that address such pressing contemporary issues as income inequality, growth, debt, and climate change. To understand why, Carey King explores the scientific and rhetorical basis of the competing narratives both within and between energy technology and economics.

Energy and economic discourse seems to mirror Newton's 3rd Law of Motion: For every narrative there is an equal and opposite counter-narrative. The competing energy narratives pit "drill, baby, drill!" against renewable technologies such as wind and solar. Both claim to provide secure, reliable, clean, and affordable energy to support economic growth with the most benefit to society, but how? To answer this question, we need to understand the competing economic narratives, techno-optimism and techno-realism. Techno-optimism claims that innovation overcomes any physical resource constraints and enables the social outcomes and economic growth we desire. Techno-realism, in contrast, states that no matter what energy technologies we use, feedbacks from physical growth on a finite planet constrain economic growth and create an uneven distribution of social impacts. In The Economic Superorganism, you will discover stories, data, science, and philosophy to guide you through the arguments from competing narratives on energy, growth, and policy. You will be able to distinguish the technically possible from the socially viable, and understand how our future depends on this distinction.

"Criticism of capitalism" - is it really politically fair and theoretically sound to address important politico-economic issues of our time by use of a terminology that still stems from the times of the Cold War? Money is the other topic. "Toward gold throng all, To gold cling all, Yes, all!" In times of money, which is intrinsically worthless and may therefore be provided in arbitrary amounts by a society, is it really adequate that we still (like Goethe did for gold) regard these petty paper slips as the scarcest resource of them all?

In this book, Kaiser provides the reader with surprisingly new insights into the fascinating phenomena of capital and money.

It's not easy to navigate through EU food laws, so this book provides a clear analysis of the relevant EU regulations, making it beneficial to food safety organizations and food industry professionals. Ensuring Food Safety in the European Union provides an overall detailed analysis of the many and complex initiatives implemented by the European Union Institutions since the European Commission adopted on 12 January 2000 the "White Paper on Food Safety" with the objective of defining the policies to improve the level of health protection for the consumers of Europe's food. Achieving the highest standards of food safety in Europe has been a key policy priority for the European Institutions during the past 20 years through the implementation between 2000 and 2019 of many initiatives anticipated in the mentioned White Paper concerning: (i) The establishment of the European Food Safety Authority; (ii) the adoption of new food safety legislations in many domains; and (iii) the adoption of consumer's mandatory and voluntary information regulations.

Features

• Offers a clear and evolutive view of all relevant procedures and objectives to ensure food safety in European context

• Up to date presentation of EU relevant regulation and EFSA roles and activities

• Discusses the basic reasoning underlying the development and objectives of the current approach to food laws

The book offers a review of all the available tools and their practical usefulness on food safety at European level and their possible integration. The interest of the European Institutions for food safety policies continues to be very high as shown by the adoption in September 2019 of the EU regulation 1381 to further reinforce and potentiate, among others, EFSA risk assessment. The main target of the book is the food business operators of large and medium enterprises and their consultants. Other interested parties are the authorities competent at national and regional and local level and university teaching professionals in charge of food safety and related courses.

This book provides a detailed discussion of four class-action discrimination cases that have recently been settled within the United States Department of Agriculture (USDA) and have led to a change in the way in which the USDA supports farmers from diverse backgrounds.

These settlements shed light on why access to successful farming has been so often limited to white men and/or families, and significantly this has led to a change for opportunities in the way the USDA supports famers from diverse backgrounds. With chapters focusing on each settlement Jett provides an overview of the USDA before diving into a closer discussion of the four key settlements, involving African American farmers (Pigford), Native Americans (Keepseagle), Woman famers (Love) and Latino(a) farmers (Garcia), and the similarities between each. This title places and emphasis on what is happening in farming culture today, drawing connections between these four settlements and the increasing attention on urban farming, community gardens, farmers markets, organic farming and the slow food movement, through to the larger issues of food justice and access to food.

Fighting for Farming Justice will be of interest to scholars of food justice and the farming arena, as well as those in the fields of Agricultural Economics, Civil Rights Law and Ethic Studies.

The surprising story of the wine industry's role in the rise of French Algeria and the fall of empire.

"We owe to wine a blessing far more precious than gold: the peopling of Algeria with Frenchmen," stated agriculturist Pierre Berthault in the early 1930s. In the last decades of the nineteenth century, Europeans had displaced Algerians from the colony's best agricultural land and planted grapevines. Soon enough, wine was the primary export of a region whose mostly Muslim inhabitants didn't drink alcohol.

Settlers made fortunes while drawing large numbers of Algerians into salaried work for the first time. But the success of Algerian wine resulted in friction with French producers, challenging the traditional view that imperial possessions should complement, not compete with, the metropole. By the middle of the twentieth century, amid the fight for independence, Algerians had come to see the rows of vines as an especially hated symbol of French domination. After the war, Algerians had to decide how far they would go to undo the transformations the colonists had wrought-including the world's fourth-biggest wine industry. Owen White examines Algeria's experiment with nationalized wine production in worker-run vineyards, the pressures that resulted in the failure of that experiment, and the eventual uprooting of most of the country's vines.

With a special focus on individual experiences of empire, from the wealthiest Europeans to the poorest laborers in the fields, The Blood of the Colony shows the central role of wine in the economic life of French Algeria and in its settler culture. White makes clear that the industry left a long-term mark on the development of the nation.

The need for exploration, conservation, and sustainable utilization of bioresources is undeniable for the survival and growth of mankind. This new book throws light on new and recent research on and development of effective strategies for sustainable utilization of bioresources using modern tools and techniques to help meet this challenge. This volume addresses the utilization of bioresources in therapeutics, in biofuel, in agriculture, and in environmental protection. Beginning with the diverse potential applications of bioresources in food, medicine, and cosmetics, the volume goes on to address the various different underutilized bioresources and their sustainable uses. It discusses important advances in biofuel and patents that highlight recent developments that address the energy crises and the continuously fluctuating cost of petroleum. It explores new renewable energy sources from bioresources and their sustainable utilization in the bioenergy and biofuel industry.

Several chapters focus on the sustainable utilization of bioresources in the agricultural sector. The volume considers that developing countries have huge agricultural resources that could be employed for production of value-added byproducts for the sustainable development of a bio-based economy. The book discusses efficient use of underexploited natural bioresources, new chemical approaches for the generation of novel biochemicals, and the applications of genetics approaches for bioresource conservation and production of value-added products. Further, strategies for the production of biopesticides utilizing bioresources are also discussed.

This book offers the first critical engagement with the political economy of the Middle East and North Africa. Challenging conventional wisdom on the origins and contemporary dynamics of capitalism in the region, these cutting-edge essays demonstrate how critical political economy can illuminate both historical and contemporary dynamics of the region and contribute to wider political economy debates from the vantage point of the Middle East.

Leading scholars, representing several disciplines, contribute both thematic and country-specific analyses. Their writings critically examine major issues in political economy-notably, the mutual constitution of states, markets, and classes; the co-constitution of class, race, gender, and other forms of identity; varying modes of capital accumulation and the legal, political, and cultural forms of their regulation; relations among local, national, and global forms of capital, class, and culture; technopolitics; the role of war in the constitution of states and classes; and practices and cultures of domination and resistance.

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