An original and systematic synthesis of the major postwar developments in theory and policy of balance-of-payments adjustment, this book focuses on the present-day system of pegged-but-adjustable exchange rates and the problems that policy authorities must face if they are to attain full employment, price stability, balance-of-payments equilibrium, and a satisfactory rate of economic growth. The dominate theme of this book is that any system of exchange rates carries with it assumptions ab...

The great Danish philosopher and theologian K. E. Løgstrup (1905-81) offers a distinctive assessment and comparative critique of two key thinkers in Kierkegaard's and Heidegger's Analysis of Existence and its Relation to Proclamation (1950). Løgstrup focuses on the central idea from Kierkegaard and Heidegger that our individuality and authenticity are threatened by 'life in the crowd' or 'das Man'. According to Løgstrup, Kierkegaard holds that the only way to escape the crowd is t...

This volume presents a selection of Robert Stern's work on the theme of Kantian ethics. It begins by focusing on the relation between Kant's account of obligation and his view of autonomy, arguing that this leaves room for Kant to be a realist about value. Stern then considers where this places Kant in relation to the question of moral scepticism, and in relation to the principle of 'ought implies can', and examines this principle in its own right. The papers then move beyond Kant himself ...

The Ethical Demand (1956) by K. E. Løgstrup is one of the great works of modern moral philosophy: it is presented here in a new translation with introduction and notes. Løgstrup puts forward his distinctive view concerning our vulnerability to each other and what this requires of us in response. He starts by considering Jesus's 'proclamation' to love your neighbour and how this can be understood in 'purely human terms' as relating to basic features of our existence. Reflecting on ...

This book explores the complex relationship between the philosophical schools of idealism and pragmatism. Idealism is the older tradition, with roots in Plato and Platonism, and has been developed in a myriad of forms. At heart, it holds that reality is either mind-like, or is contained in the mind. Pragmatism is a newer school, traceable to the work of philosophers such as C.S. Peirce and William James in the mid-nineteenth century. It offers a distinctive account of meaning, knowledge, a...

A study of the historic World War II naval battle, the first involving aircraft carriers and first in which neither warship was in sight of the other.By the beginning of May 1942, five months after the Pearl Harbor attack, the US Navy was ready to challenge the Japanese moves in the South Pacific. When the Japanese sent troops to New Guinea and the Solomon Islands, the Americans sent the carriers Lexington and Yorktown to counter the move, setting ...

"An entertaining and informative review of the evolution of one of the most important classes of warship, from the technology of WWII into the missile age." —FiretrenchCruisers probably vary more in their characteristics than any other warship type and have certainly been subject to the most convoluted development. There was always a basic tension between quantity and quality, between numbers and unit size, but at a more detailed level every one of the naval powers ...

Quantitative Analysis of Newly Evolving Patterns of International Trade offers a variety of perspectives on new forms and developments of international trade and related activities for Japan, the United States, China, and some other important trading countries, to develop new methods and data for measuring the factor contents of emerging new modes of international trade. Such methods and data are crucially important for evaluating impacts of the new modes on factor markets in the United St...

In the chaotic months after Pearl Harbor, the Pacific War was anything but certain. The US Navy, reeling from sudden loss, scrambled to slow Japanese momentum, while the Imperial Japanese Navy pressed outward, convinced that seizing Southeast Asia's resources was essential to survival. This book captures that dangerous, uncertain moment—from December 1941 through April 1942—when the outcome of the Pacific War remained very much in doubt.Moving across a vast maritime battlefield,

The author of Big Gun Battles "shows how the US Navy was slowly but surely drawn into WW2 in the Atlantic theatre of operations . . . well researched" (Warships Magazine).Although the defeat of Japan was the US Navy's greatest contribution to the Second World War, it also played a significant role in the battle against Hitler. Even before Germany declared war in 1941, US naval vessels were actively engaged in Atlantic convoy battles, and suffered their firs...

This naval history of WWII explores the advancing technology and tactics of battleships through a fascinating survey of ship-to-ship duels.While many naval battles of the Second World War were decided by the torpedo or the aerial bomb, there was a surprising number of traditional ship-to-ship engagements involving the big guns of battleships and cruisers. Big Gun Battles recounts some of the most significant and technically fascinating of these gunfire due...

A World War II naval history of the Eastern Solomons and Santa Cruz carrier battles that tested U.S. momentum after Midway.While the resounding American victory at Midway in June 1942 blunted Japanese momentum to a great extent, it left the opposing forces precariously balanced, particularly in the South Pacific. In Knife‘s Edge Robert C. Stern provides an account of the Battles of the Eastern Solomons and the Santa Cruz Islands, the two pivotal carrier ai...