The Principles of Economics

1. Political economy or economics is a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites of wellbeing. Thus it is on the one side a study of wealth; and on the other, and more important side, a part of the study of man. For man's character has b…

The Capitalist Alternative

The main aim of this book is to introduce the ideas of the neo-Austrian school of economics and to compare these ideas with the more familiar methods of conventional or orthodox economics. Many well-known introductory textbooks meant for the use of prospective accountants or business studies graduates, whose main interest is not in economics, typically make great use of graphical diagrams of eq…

Bounded Rationality and Public Policy

The volumes which comprise The Economics of Non-Market Goods and Resources series have been specially commissioned to bring a new perspective to the greatest economic chal- lenge facing society in the 21st Century; the successful incorporation of non-market goods within economic decision making. Only by addressing the complexity of the underlying issues raised by such a task can society hope to…

The U.S. Organ Procurement System

The first successful human organ transplant in the United States was performed on December 23, 1954. On that date, a kidney was transplanted from a living donor who was an identical twin of the recipient. Since then, organ transplantation technology has improved enormously, with the principal source of that improvement being the discovery of new immunosuppressive drugs and the increased kn…

Public Authority Procurement Strategy

Procurement is an expensive process. The potential for waste and error is high. The potential for failing to meet people’s expectations is higher still. The process needs to be properly planned and managed. Whilst the Authority is well advised to have a team of trained specialists, an experienced individual should be identified to take responsibility for the management of the procurement…

Complexity Management with the K-Method

This book consists of four parts which describe different aspects of the K-Method. The first part, “Introduction”, describes the K-Method using an example. This part tries to give the reader a feeling of how the K-Method and especially its price formulas work and what kind of advantages are to be expected. This part also describes the problems which could arise when a supplier begins to…

e-Procurement From Strategy to Implementation

Business-to-business (B2B) e-commerce—the area that encompasses electronic buying and selling transactions between organizations and in which e-procurement is a central function—has become central to doing business effectively. Done well, it can help your company achieve enormous cost savings and productivity improvements.

PROJECT RISK MANAGEMENT GUIDELINES

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0-470-02281-7

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1-385

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DEVELOPMENTS IN ENVIRONMENTAL ECONOMICS

At present, problems of optimization of the interaction between nature and human society can be solved only by the joint efforts of a wide range of specialists. The elaboration and realization of plans of socio-economic development for individual countries and regions should be based on the principles of preservation of balance in the biosphere, biogeocenoses, landscapes and other natural com…

Planning, procurement and quality management

This report is written for the Client's Principal Technical Adviser on a construction project, since this professional is responsible for both directing the project and investigating its effects on the neighbourhood. The Principal Technical Adviser is urged to understand the value of an adequate and timely investigation of the site and the underlying ground, in order to judge whether or no…

EU Public Procurement Law

Public procurement is a powerful exercise. It carries the aptitude of acquisition; it epitomizes economic freedom; it depicts the nexus of trade relations amongst economic operators; it represents the necessary process to deliver public services; it demonstrates strategic policy options. Public procurement as a discipline expands from a simple topic of the common market, to a multifaceted …

The Economics of Feasible Socialism Revisited

The word ‘socialism’ is apt to produce strong feelings, of enthusiasm, cynicism, hostility. It is the road to a future just society, or to serfdom. It is the next stage of an ineluctable historical process, or a tragic aberration, a cul-de-sac, into which the deluded masses are drawn by power-hungry agitator-intellectuals. My own attitude will emerge in the pages that follow. Let me make it…

Studies in Econotnics and Russia

This collection reflects the rather wide range of my interests, from the history of Russian economic thought to the contemporary Soviet scene, as well as questions relating to socialism and the role and limitations of markets. Major changes are taking place in the Soviet Union and in a number of other communist-ruled countries, changes which involve decisive strengthening of market forces and a…

THE EQUILIBRIUM ECONOMICS OF LÉON WALRAS

Léon Walras may rightfully be considered as one of the founding fathers of mathematical economics. Much of mathematical economics developed since Walras’s time has gradually become common knowledge in economics. This means that Walras directly and indirectly has had a marked influence upon our science as it stands now. It is therefore important to know how Walras came to his results, what…

Public Procurement in the European Union

The regulation of public procurement in the European Union has been the cinderella of the European integration. Often neglected as a discipline of European law and policy, although directly relevant to the fundamental principles of the common market, public procurement has not received equal priority to other regulatory regimes by the Member States of the European Union. As one of the maj…

Contractor-led Procurement

Major clients of the construction industry have been found to organise construction work into fewer, but larger, contracts with more transfer of risk and responsibilities in response to a change from a sellers' market to a buyers' market, and facing a greater choice of procurement methods than ever before. Main contractors and consultants alike are moving towards multidisciplinary teams of…

Building Services Procurement

During no other time in the history of the construction industry, has the subject of procurement dominated the debate on possible reforms. Regardless of country, from the United Kingdom, to Malaysia, Australia and America, the industry has been bombarded by material on how to improve the construction process. Procurement has often been the dominant issue, with the plethora of “new” proc…

TRANSFORMING PROCUREMENT IN THE REAL WORLD

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987-1-4302-4963-4

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1-447

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The Sustainable Procurement Guide Procuring Sustainably Using BS 8903

Sustainability is a broad concept examining how societies live, interact and operate. It means trying to find ways for humankind to live, work and play that do not interfere with nature’s inherent ability to sustain life. It considers our economic, social and environmental needs and involves taking responsibility for the local, regional and global impacts of our way of life. It also requi…

THE EVOLUTIONIST ECONOMICS OF LÉON WALRAS

During the last decade the literature on Léon Walras has expanded enormously and, if the signs are right, there is more to come. Undoubtedly, the increased attention for the work of Walras has a lot to do with the increased accessibility of the work through the publication of the collected works by the Centre Walras at the University of Lyon and the archival work at the Centre Walras & Pareto…

Strategic Procurement

‘We spend how much?’ is a cry I have often heard from a senior executive the first time he or she finds out the true extent of his or her company’s third-party expenditure. Years ago, I asked the group finance director of a leading UK financial services company how much his organization spent with suppliers. He said that he didn’t know but that it wasn’t much because, ‘we don�…

PUBLIC TECHNOLOGY PROCUREMENT AND INNOVATION

In this volume we discuss theory, evidence, and policy perspectives concerning the use of public technology procurement as an instrument of innovation policy. Public technology procurement (as defined in Chapter 1, part I), occurs when a public agency places an order for a product or system that does not yet exist, requiring technological innovation for the order to be met. The most extens…

Introduction to Building Procurement

The construction industry and projects forming the built environment involve many activ- ities. According to Section 105 of the Housing Grants, Construction and Regeneration Act (1996), a construction project can refer to any building activity that includes altera- tion, repair, erection, demolition, maintenance, painting, land clearing, earth moving, grading, excavating, trenching, digging…

Human Resource Management:A critical approach

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0-203-87633-4

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Human Resource Management:A critical approach

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The Routledge Companion to International Human Resource Management

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978–0-415–63604–9

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The Routledge Companion to International Human Resource Management

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MANAGEMENT OF PROCUREMENT

Recent years have seen high levels of turbulence; companies that were market leaders a decade ago have in many cases encountered severe reversals of fortune. Rapid advances and complexity in technology, and the accompanying growing uncertainty in the business environment have brought about mergers and takeovers, and these have changed the shape of many markets. Traditional barriers betwee…

Strategic Sourcing in the New Economy

The metaphor of dwarfs standing on the shoulders of giants expresses the meaning of discovering truth by building on previous discoveries. Although it is originally attributed to Bernard of Chartres in the twelfth century, Isaac Newton popularized the concept in 1676. The concept is as relevant for us today as it was for Newton in the seventeenth century. Since the early 1980s, pioneering…

THE DISTRIBUTIVE POLITICS OF MILITARY PROCUREMENT

This book is about an anomaly in political scientists’ understanding of congressional policy making. Distributive politics theory, which has been called the dominant theoretical approach to congressional politics (Krehbiel 1991), purports to account for the geographic distribution of the benefits of any policy that is paid for from general tax revenues and can be subdivided easily and al…

Pakistan’s Arms Procurement and Military Buildup

Why countries engage in military conflict, hostile relations, arms buildup, and proliferation of weapons of mass destruction is a question that has attracted the attention of a number of analysts. Theories ranging from security concerns to the bureaucratic imperative have been expounded to explain this particular behavior. Such issues have become increasingly important, especially since th…

ENHANCING PROCUREMENT PRACTICES

Authors usually struggle with finding the right way of presenting the subject matter of their book, because it is not an easy job to guide the readers through a large number of closely interrelated issues in a really effective and enjoyable manner. This is particularly true in case of addressing procurement since many of the work processes to be described are of iterative nature. It means …