exchange

What has happened to Armen's new edition? I can't believe that it's ALREADY out of print. For Lord's sake: there's no better way to learn price theory than listening to Alchian. GET IT BACK IN PRINT!!!

It is a sad commentary that the greatest text book in intorductory economics is now out of print. This book goes beyond the economics of carrots and parsinps. It has witty and stimulating discussions of property rights, contracts, trade markets, copy rights, etc. In sum, the market does not always recognize quality.

It is a very good book on microeconomics. I strongly recommend it to students who study economics.

Why five stars: cause it's a nice book for those that know wall street without really understanding how it works (so great title). Still it is soft but the content is rather strong, not too boring, short and the p[resentation is very good. Built aroud lots of questions-answers, that might interest a very large public.
Advice: Buy it cause it is very cheap for the information it provides compared to other books
Note: That is a great introductory book

I found this book to be an excellent source of investment information for a novice investor such as myself. Written in common English, the author doesn't try to impress the reader with big words and far out theory. I recommend this to any person who wants to learn the basics of investing.

This is one of the best books I have found for expaining investing to a novice like myself. The author has done a good job of discussing difficult topics in an easily understandable manner. I highly recommend this book.

Someday humanity will look back on this book and wonder why its methods were not put into practice generations sooner. Better late than never. Free yourself. Become part of the solution.

No need to reinvent the wheel. This book explains how money works for those who already have too much and against those who are really creating the wealth. Then it shows examples of systems tried and shown to be effective in keeping the productivity in the hands of the creators and at the same time allowing the already-rich to keep their security. No guesswork necesary. A complete guide to making changes that are long overdue in this nation and hopefully on this planet. Imagine working your fair share of time and prospering while the earth has a chance to recover from merciless plunder. Don't dream it: BE it!

If people only understood the concepts in this easy to read book, freedom would return to this land. People would be able to keep the profits from their labor. Americans who have been taught to endure hardship simply to earn a living would find that their life-energy has been stolen and would be empowered to take it back. Land would be redistributed and it would be profitable to live lightly on the earth once again. The system described in this book is tried and proven. Many communities are using its example to restore prosperity to their citizens.
Small but powerful book. Should be required reading for all high-school students. At least the next generation would taste freedom and prosperity.

This book set me up very nicely for a career in forex markets. Possibly the gentlest introduction to international finance, the book does not waste any time with implementation of the ideas, instead provides you with the requisite knowledge, and illustrative examples. I had the fortune of being taught the subject by the author (Dr. Eun), and so the book was fully utilized. However, other teachers would also find the book an ideal companion to course notes. In fact, the book is so well written, it seems like a tutorial. You cannot go wrong if you are using it for international finance courses. The book will also help you with preparation for the CFA charter examinations.

This book has three major strengths compared to other textbooks in this field. #1: It is soundly based on FINANCE theories. Most other textbooks on international finance have more of an "international BUSINESS" taste. #2: It is more analytical than most others. #3: It is comprehensive yet very concise. This is a must-read in the field of international finance. It is particularly suitable for senior-level finance undergraduate and MBA students as well as finance professionals with an interest in investments.

As a student of Dr. Eun, the book not only gave me a deeper understanding of the world of international finance, but a deeper understanding of this very complex man. This book should revolutionize the international financial community.

Yes, Virginia, there are still frontiers to be explored and conquered. The internet is a very active place, but still full of exciting opportunities. Feeling entrepreneurial or adventurous? You can create your own market on the net. The authors suggest that the future of exchange of products, services, and payment will accelerate in cyberspace. While the opportunities abound, there is a lot to learn . . . and there are risks. But, that's why you read a book like "Making Markets."

First, some perspective. The authors emphasize that "electronic markets are not technological interactions. They are human interactions supported by technology." Ignore this principle and failure awaits you in the way it doomed the electronic markets in the 1990s. "Cyberspace markets cannot be thin replicas of the traditional market. Rather they must be as rich, complex, and compete as the traditional markets themselves." The basic trade processes of search, pricing, logistics, payment and settlement, and authentication must still be in place. Value must be created for all participants, and the electronic marketing venture must fit with the firm's other marketing vehicles. Creativity will have a significant influence on success.

The authors begin with an explanation of the opportunities, the value of marketing in cyberspace. The first chapter includes an explanation of the design of their presentation in the remaining seven chapters. Chapter titles give us an insight into the content: From Place to Space, Making Markets Work, and Auctions: The Devil is in the Details. Readers will learn about Using B2B markets in the Supply Chain, Using Markets Creatively, and Market Tactics. Dynamic Market Strategies are address in the final chapter, followed by a call to action encouraging you to stick your toes in the water and try this approach.

Each chapter is filled with education, insight, and mini-case studies to show us what has worked and what hasn't worked. You'll learn the jargon and the steps in the process. A good notes section, including website addresses, is complemented by a helpful index. And, expectedly, the authors offer a website for the book where more information and support is available. If you're ready to open your mind to some fascinating possibilities, curl up with "Making Markets."

As Ajit's student I got a very through conceptual understanding of e-markets by reading his book 'MAKING MARKETS'. He has presented one of his best works through this book that can add new dimensions to innovate businesses. I recommend this book to all the intellectual food seekers in technology and business innovation space.

Kambil and Heck have written an insightful and thought-provoking book on electronic markets. It is a must read for anyone who wants to understand online markets. They develop a framework to understand as well as to gauge the success of such markets based on in-depth study of several electronic markets. I particularly liked their characterization of B2B markets and its relationship to supply chain management. Their chapter on using markets creatively has ideas for both researchers as well as practitioners. The book has many examples, is written in a narrative style, and easy to read to three or four sittings.

Graeber's book is not only a welcome addition to the anthropological literature on value; his work also goes well beyond simple exposition of Durkheim, Mauss, Marx and Malinowski and does what most authors should: make this book not only relevant to a wide variety of concerns but propose a theory that can lead you to change your view of the world if you take it seriously. Reading this book brought me to look at further works by Caille, Godbout and others working with the aptly named and little known MAUSS group in France; Graeber's book has been not only good to read, but good to think.

The one serious criticism I have (hence 4, not 5 stars, I would give 4.5+ if I could) is that Graeber needs an editor; not to clean up typos but to clarify his style. He keeps almost everything he writes tentative by qualifying everything in a conversational and hesitant style. Hesitation is not the same as prudence! This detracts so seriously from the real pleasure I gained from reading the book that I considered giving up before the end; if this book had been written with more attention to those issues of style, I would have stayed up all night to finish reading it the first day I received it.

Written at a time when the so-called "linguistic" (i.e. litcrit) turn has made many outside of anthropology question its relevance to larger issues (or to believe it had been superseded by literary "Cultural Studies" departments, Graeber has made a case for a sophisticated, relevant and engaged anthropology that doesn't simply limit itself in area studies or make itself irrelevant to contemporaneous worlds in a misguided positivism; his book keeps open the very human questions of value and action in our historically contingent and yet imagined worlds.

Value, reciprocity, and exchange are making a big comeback and deservedly so. Graeber's book is a fascinating trip through the literature (both the good and the bad) with his own persuasive and original theory thrown in to boot. Graeber deserves thanks for the former and does it one better with the latter.

You should be forewarned, though, Graeber is . . . an anthropologist! I know, I can hear you saying: "No! Surely they all died of self-reflection during the postmodern plagues! Are there really any still alive?" One of Graeber's great accomplishments is that he actually understands and can talk about in plain language - even with flair and humor - the important theoretical issues that others have attacked and obscured using indecipherable jargon and nonsense verse.

More suprising still, he makes topics that drive most people to tears of boredom seem not only interesting, but relevant. If you've no idea what a potlatch is or what the kula is all about, Graeber tells you not only how they work, but why you should care.

Most importantly, then, this is not just a nice book of theory & it's not just a pleasure to read. It's about really important stuff, the stuff that makes life both possible and meaningful. If you want depth and breadth of analysis about how social life shapes meaning and quality of life, forget Putnam and social capital; this is a far deeper and more important work. This is anthropology as it should be: rich, lucid, and open to all comers.

Highly recommended.

This is a book that I suspect will be assigned in many anthropology classes & derservedly so. It should (but probably won't) also be assigned in most economics classes. It's sophisticated yet accessible treatment of core disciplinary issues is something we can all be grateful for.

"We have sunk to such a depth that the restatement of the obvious has become the first duty of intelligent men." So wrote George Orwell, whom Peter Bauer quotes approvingly. Indeed, "From Subsistence to Exchange" is little more than an attempt to dispel popular misconceptions in the conventional wisdom of development economics.

The heart of Lord Bauer's argument is to take issue with the widespread excuses that have been put forth to explain why certain countries seem unable to prosper. Writing in times when state planning was in its intellectual apogee, Lord Bauer offered an alternative where the role of the individual and the market were central.

From this basic outlook follow many attacks on the fallacies of development economics. Lord Bauer dismisses with great ease the assumption that countries are poor due to the lack of adequate resources: at some point, he writes, every country was poor; if infusion of capital was a necessary condition for growth, then the West would still be living in the Stone Age.

But Lord Bauer does not stop there. He takes on other issues such as foreign aid. Not only is foreign aid based on the false premise of the vicious cycle of poverty, but it also creates a mentality of dependence. Even worse, the result in the recipient countries is the emergence of powerful interests whose sole purpose is to obtain a bigger piece of the aid cake.

Why then do rich countries offer so much aid? The answer for Lord Bauer is simple: guilt. Western and African intelligentsia does what it can to cultivate the belief that Africa's evils are of European doing. No matter that the evidence for this claim is scant or non-existent. After all, Lord Bauer writes, Africans were poor before Europeans got there and remain poor for long after they have left.

In the end, the message is clear. The legacy of post-war development economics was to construct a distorted image of why some countries are rich and some poor. At the basis of the convolution was the desire to find excuses for the failure to grow economically. "From Subsistence to Exchange" is a collection of essays that have rescued us from this intellectual trap.

The other reviewers are generally spot on with their comments about this collection of Bauer's works: wonderful, even if a little repetitive. I myself found the repetition useful for most of the book, even if the feeling of déjâ vu came over me once in a while. I'll thus say nothing more in general except that his writing style is erudite and fluid but gets a little arcane at a few points (especially in the first few essays).

As for the essays themselves: they're all great. My favorites were "Subsistance to Exchange," "Western Guilt," "Hong Kong," "Class on the Brain" and "Egalitariansim." These are penetrating in their analysis and effective in their prose. The last was truly inspirational as an attack on the foundations of egalitarianism.

"Eclessiatical Economics" was an interesting demonstration of the contradiction of the Vatican's position on development, but lacked some of the oomph of the others. "Liberal Death Wish" had the oomph and was interesting, but seemed a little of a diatribe, but can serve as an effective summary to most of the entire collection of essays. The title is a little misleading too, as Bauer doesn't discuss either classical-liberals or how left-"liberals" might have a death wish, except for western guilt. The others are almost too short to call essays, but still worthwhile.

While Bauer doesn't set out to expound the free-market or classical-liberal policies, per se, it's clear he feels that they are more likely to hold the keys to economic development than the vicious-cycle-of-poverty theory or western guilt.

Bastiat would be proud that classical-liberals can still write like this.

"From Subsistence to Exchange: and other essays" (FSE), is a wonderfully insightful little book that throws light on the problems of the Third World economies, egalitarianism, the "mathematized" economics profession, and, among other things, offers rigorous arguments against foreign aid and Western guilt (for allegedly causing Third World poverty).

I found this book to be both a great introduction to development economics and Peter Bauer, as well as a handy catalog of refutations of popular economic myths. Additionally, the critical essay on the mathematization of the economics profession is valuable: It helps to buttress Bauer's thesis that economics is not an "ivory tower profession" (my words): It is a social science that must rely heavily on historical investigation and direct observation; it is not, nor can it ever be, like the natural sciences of physics and chemistry. The attempt to make it more "respectable" by hiding simple truths among complex formulae, or worse, by deriving conclusions from mathematical models that do not resemble the real world, has resulted in putting elaborate clothes on a non-existent emperor (Bauer's words). It has also fueled fallacious attacks on the entire field and reduced both public understanding of and respect for economics. Bauer's essay on that topic is a breath of fresh air.

In discussing popular myths, Bauer tackles the "viscous circle of poverty," among numerous others, e.g., that the West is rich because the Third World is poor. Often these myths are based on similar false premises. For example, the refutation of the vicious circle argument also undermines the exploitation one (noted above).

Here's how: If the vicious circle of poverty is correct, then this statement is also: Without outside investment, third world countries cannot break out of the circle of poverty, because they can not save in order to invest in capital, because they live at a subsistence level and (usually) produce only enough to meet short-term needs.

Bauer states it better, but that's a decent summary. Bauer takes this to the limit of its logic: If the above were true, then the human race could never have left the stone age: the world never received capital (or any) investment from outside of itself. The vicious circle argument ignores the factors that Bauer notes are crucial to finding answers to economic problems: namely, "that economic performance depends on personal, cultural, and political factors, on people's aptitudes, attitudes, motivations, and social and political institutions."

That kind of outlook, intuitively valuable, is inimical to modern applied "mathecomics," the practitioners of which typically deride an outlook like Bauer's as mere "empiricism." Indeed, Bauer discusses just such a caricature.

The argument against the circle of poverty implies that there is no fixed amount of income to be distributed. Again, for someone with an eye on economic history, that should be intuitively true. Yet if there is no fixed income, then the people in the West are not necessarily rich only because the Third World is poor. Bauer notes, having extensively studied the Third World countries and its people, that those with the least number of ties to the West are the worst off!

There are so many other insights in this book that to adequately catalog them all would require thousands of words. Yet FSE is short and easy to understand. I read this book alongside Chomsky's "World Orders Old and New" until I realized that Chomsky, when he actually gave an argument, was eviscerated by Bauer's arguments and knowledge. Of course, this represents the merits of Bauer's historical and observational approach to Chomsky's pronouncement from on-high approach. Bauer lives in and describes reality. Chomsky does neither.

As a final note, although this book is repetitive as the reviewer below me noted, Bauer's points need to be drilled into people's minds. Repetition of key points and arguments helps to cement them in one's memory; Bauer's excellent and fascinating writing does not get the justice it deserves from this review, and it is not something that, once read, you will want to forget.

The book is well organized and presents the various capabilities of Exchange 2000 in a useful manner. I found it to be a very good grounding in all of the basic knowledge that you would need to install and administer an Exchange Server/Organisation.
I noticed some errors in the book, but they are few and do not distract from the usefulness of this book in preparing for the 70-224 Microsoft Exchange MCP Test.

However it does not teach you everything you should know (information you gain through practical experience and "just by knowing the product"). My first attempt at the 70-224 Test was not successful (I just missed it by a couple of points) which served to show me the level of my own knowledge and the level of information that this book provides (Tip: check out also the functions of utilities like ESEUTIL and ISINTEG). So don't rely on this book to supply the complete works ! But as I said before, it is very good for the basic knowledge.

A major criticism that I have of the practice tests provided with the book is that they are all too simple! The test questions in the book are mainly short and simple, or describe a scenario which is not too complicated. In the real test, the questions are generally quite complicated scenarios; much more complex that what is provided in the book. In the real test that I experienced, there were very few simple questions. Maybe that I did so well in the test (just missed a pass mark) is a good recommendation for using this book?

My own practical background in Exchange helped a lot. 4 years with Exchange 5, 12 months with Exchange 2000; installed multiple Exch2000 Clusters and FrontEnd/BackEnd-Servers plus "normal" standalone Exch2000 Servers.

Best of the bunch. Require a detailed read with plenty of challege questions from various sources. But basically the one you want!

I found this book more easier to understand than the "Microsoft Exchange Server 2000 Implementation and Administration Training Kit". This text is better organized with regard to the correct order of tasks to perform from the first chapter to the end. The other text tends to force you to search around. In addition, the text is more straightforward. Passing 70-224 isn't a breeze like the other exams. Experience is a mandatory to get Exchange to work properly with Active Directory. This text will ease the burden of understanding the details of the necessary skills.

Rand and SAM's publishing target this at an Intermediate-Advanced audience. This is certainly the case, I brought both the Sybex Master Exchange Server 2003 and SAMS Microsoft Exchange Server 2003 Unleashed and this ones the best by FAR.

Plenty of good information on Design, Migration and Documentation. Excellent info on Mobility, Performance Monitoring and Recoverablility.

All in all my pick on Exchange Server 2003 Books to date.

I am just starting out with Exchange, but have very extensive experience with Microsoft Networks. From that perspective, this book is great.

This book just 'brings it all together'. Now I can see the why and what of Microsoft Server 2003. This books brings it all around from not only the Exchange point of view, but from an MCSE point of view. Active Directory, IIS, Voume Shadow Copy, etc.

It does a really good job of covering Exchange and Windows Server as one integrated solution.

KR
MCSE-2003-2000-NT, MCSA-2003-2000, MCDBA-2000, CCNA, CCA, CNA

This is the first book I've read that covers ALL of the mobile options that Microsoft touts as the biggest benefits for migrating to Exchange 2003.

The coverage of RPC over HTTP (Ch.25) is the ONLY place I've seen step-by-step implementation procedures that work! (even the instructions on Microsoft's Website are not complete, so this book FINALLY helped me get it working!)

The new Outlook Web Access (Ch.26) is covered in detail, so much so that I've actually earmarked the chapter and gave it to my boss on why our organization needs to migrate to Exchange 2003.

And I'm just dabbling with the mobile phone and PocketPC devices, and the book (Ch.22, 23, 24) makes a great recommendation of downloading free emulators that I was able to test the functionality without having to buy mobile devices just yet.

At a little over 1000-pages, this book has so far covered everything I've been looking for. I look forward to continuing my reading.

If you're looking for specific methods for trading or investing you'll be disappointed. Most of his advice reads like a collection of conventional investing wisdom, with his own bent. It's almost like a theory of investing and he doesn't give specific techniques or examples. More "Look to do this or that". Much of it is vague. Lists over 20 indicators to look at, suggestions on what to look for, but there are no examples or charts. It reads like a general overview of his investing philisophy or a primer. You won't come away with any new techniques. The main theme is don't buy and hold, there are times to go short and look at the big picture.

He does touch on cycle theory and Elliot wave briefly. He list many sentiment and breadth indicators to look at or calculate. Some can be gotten through data services, others you have to calculate by hand from data from sources like Barrons. I was expecting a lot more from someone with his reputation. There was no solid material here.

The book was very straight forward and very interesting,. I have found alot of the information was true.

I just finished ready this book for the second time. I had ordered it prior to release on the basis of Harry Schultz's reputation, alone. This book is worth ten times it's cost. If you are committed to wealth creation, if you are willing to do the work and are open to other's opinions, then read this book. Harry does not preach the merits of technical analysis; he presents the history of market action, correlates it to technical indicators and lets the reader accept or disregard the evidence. He also challenges the "Ameri-central" view of geopolitical and geoeconomic events and activity, and further challenges the reader to seek the most accurate information on which to base decisions. Lastly, he's a fluid and entertaining writer. The book is filled with relevant quotations from Dow, Churchill and Emerson.