Book Reviews

2014 ◽  
Vol 52 (1) ◽  
pp. 236-237

Anne L. Murphy of University of Hertfordshire reviews, “Prometheus Shackled: Goldsmith Banks and England's Financial Revolution after 1700” by Peter Temin and Hans-Joachim Voth. The Econlit abstract of this book begins: “Explores the history of goldsmith banks and their role in the growth of England's economy after 1700. Discusses earning and spending in eighteenth-century London; the financial revolution; goldsmith banks; borrowers, investors, and usury laws; the South Sea Bubble; the triumph of boring banking; and finance and slow growth during the Industrial Revolution. Temin is Elisha Gray II Professor Emeritus of Economics at the Massachusetts Institute of Technology. Voth is ICREA Research Professor at the Universitat Pompeu Fabra.”

2011 ◽  
Vol 49 (1) ◽  
pp. 164-168

Michael Bikard of Massachusetts Institute of Technology and NBER reviews “The Invention of Enterprise: Entrepreneurship from Ancient Mesopotamia to Modern Times” edited by David S. Landes, Joel Mokyr, and William J. Baumol. The EconLit Abstract of the reviewed work begins, “Eighteen papers examine the history of entrepreneurship throughout the world since antiquity. Papers discuss global enterprise and industrial performance--an overview; entrepreneurs--from the Near Eastern takeoff to the Roman collapse; Neo-Babylonian entrepreneurs; the scale of entrepreneurship in Middle….”


2014 ◽  
Vol 52 (4) ◽  
pp. 1191-1193

Richard S.Eckaus, a Professor of Economics Emeritus at the Massachusetts Institute of Technology, reviews “U.S. Energy Policy and the Pursuit of Failure”, by Peter Z. Grossman. The Econlit abstract of this book begins: “Analyzes the history of U.S. energy policy and the failure of energy policies. Discusses crisis; failure; fuels; the Energy Independence Authority; morality; the connotation of the word ""Apollo" in discussing U.S. energy policy; collapse; crisis 2.0; and modesty. Grossman is the Clarence Efroymson Professor of Economics at Butler University.”


2013 ◽  
Vol 51 (1) ◽  
pp. 215-218

Peter Temin of Massachusetts Institute of Technology reviews,“The Chosen Few: How Education Shaped Jewish History, 70-1492“ by Maristella Botticini and Zvi Eckstein. The Econlit abstract of this book begins: “Explores the economic and demographic history of the Jewish people between the years 70-1492. Discusses 70 CE-1492—how many Jews there were, and where and how they lived; whether the Jews were a persecuted minority; the people of the Book, 200 BCE-200 CE; the economics of Hebrew literacy in a world of farmers; Jews in the Talmud era, 200-650—the chosen few; the move from farmers to merchants, 750-1150; educated wandering Jews, 800-1250; segregation or choice—from merchants to moneylenders, 1000-1500; the Mongol shock—whether Judaism can survive when trade and urban economies collapse; and 1492 to today—open questions. Botticini is Professor of Economics and Director and Fellow of the Innocenzo Gasparini Institute for Economic Research at Bocconi University. Eckstein is Mario Henrique Simonson Chair in Labor Economics at Tel Aviv University and Professor and Dean of the School of Economics at IDC Herzliya. Bibliography; index”


Author(s):  
Susan E. Whyman

The introduction shows the convergence and intertwining of the Industrial Revolution and the provincial Enlightenment. At the centre of this industrial universe lay Birmingham; and at its centre was Hutton. England’s second city is described in the mid-eighteenth century, and Hutton is used as a lens to explore the book’s themes: the importance of a literate society shared by non-elites; the social category of ‘rough diamonds’; how individuals responded to economic change; political participation in industrial towns; shifts in the modes of authorship; and an analysis of social change. The strategy of using microhistory, biography, and the history of the book is discussed, and exciting new sources are introduced. The discovery that self-education allowed unschooled people to participate in literate society renders visible people who were assumed to be illiterate. This suggests that eighteenth-century literacy was greater than statistics based on formal schooling indicate.


Author(s):  
John Wang ◽  
James Yao ◽  
Jeffrey Hsu

Over the four decades of its history, decision support systems (DSSs) have moved from a radical movement that changed the way information systems were perceived in business, to a mainstream commercial information technology movement that all organizations engage. This interactive, flexible, and adaptable computer-based information system derives from two main areas of research: the theoretical studies of organizational decision making done at the Carnegie Institute in the 1950s and early 1960s as well as the technical work on interactive computer systems which was mainly performed by the Massachusetts Institute of Technology (Keen & Morton, 1978). DSSs began due to the importance of formalizing a record of ideas, people, systems, and technologies implicated in this sector of applied information technology. But the history of this system is not precise due to the many individuals involved in different stages of DSSs and various industries while claiming to be pioneers of the system (Arnott & Pervan, 2005; Power, 2003). DSSs have become very sophisticated and stylish since these pioneers began their research. Many new systems have expanded the frontiers established by these pioneers yet the core and basis of the system remains the same. Today, DSSs are used in the finance, accounting, marketing, medical, as well as many other fields.


Author(s):  
Steven Brint ◽  
Jerome Karabel

No analysis of the history of the community college movement in Massachusetts can begin without a discussion of some of the peculiar features of higher education in that state. Indeed, the development of all public colleges in Massachusetts was, for many years, inhibited by the strength of the state’s private institutions (Lustberg 1979, Murphy 1974, Stafford 1980). The Protestant establishment had strong traditional ties to elite colleges—such as Harvard, Massachusetts Institute of Technology, Williams, and Amherst—and the Catholic middle class felt equally strong bonds to the two Jesuit institutions in the state: Boston College and Holy Cross (Jencks and Riesman 1968, p. 263). If they had gone to college at all, most of Massachusetts’s state legislators had done so in the private system. Private college loyalties were not the only reasons for opposition to public higher education. Increased state spending for any purpose was often an anathema to many Republican legislators, and even most urban “machine” Democrats were unwilling to spend state dollars where the private sector appeared to work well enough (Stafford and Lustberg 1978). As late as 1950, the commonwealth’s public higher education sector served fewer than ten thousand students, just over 10 percent of total state enrollments in higher education. In 1960, public enrollment had grown to only 16 percent of the total, at a time when 59 percent of college students nationwide were enrolled in public institutions (Stafford and Lustberg 1978, p. 12). Indeed, the public sector did not reach parity with the private sector until the 1980s. Of the 15,945 students enrolled in Massachusetts public higher education in 1960, well over 95 percent were in-state students. The private schools, by contrast, cast a broader net: of the nearly 83,000 students enrolled in the private schools, more than 40 percent were from out of state (Organization for Social and Technical Innovation 1973). The opposition to public higher education began to recede in the late 1950s. Already by mid-decade, a large number of urban liberals had become members of the state legislature, and a new governor, Foster Furcolo, had been elected in 1956 on an activist platform.


Sign in / Sign up

Export Citation Format

Share Document