Author: United States. Congress. House. Committee on Science and Technology (2007). Subcommittee on Investigations and Oversight
Publisher:
ISBN:
Category : Federal aid to research
Languages : en
Pages : 364
Book Description
Follow the Money, Part I and Part II
Author: United States. Congress. House. Committee on Science and Technology (2007). Subcommittee on Investigations and Oversight
Publisher:
ISBN:
Category : Federal aid to research
Languages : en
Pages : 364
Book Description
Publisher:
ISBN:
Category : Federal aid to research
Languages : en
Pages : 364
Book Description
Follow the Money
Author: Sarah Reckhow
Publisher: Oxford University Press
ISBN: 0199937737
Category : Education
Languages : en
Pages : 234
Book Description
Some of the nation's wealthiest philanthropies, including the Bill and Melinda Gates Foundation, the Walton Family Foundation, and the Broad Foundation have invested hundreds of millions of dollars in education reform. With vast wealth and a political agenda, these foundations have helped to reshape the reform landscape in urban education. In Follow the Money, Sarah Reckhow shows where and how foundation investment in education is occurring and presents in-depth analysis of the effects of these investments within the two largest urban districts in the United States: New York City and Los Angeles. In New York City, centralized political control and the use of private resources have enabled rapid implementation of reform proposals. Yet this potent combination of top-down authority and outside funding also poses serious questions about transparency, responsiveness, and democratic accountability in New York. Furthermore, the sustainability of reform policies is closely linked to the political fortunes of the current mayor and his chosen school leader. While the media has highlighted the efforts of drastic reformers and dominating leaders such as Joel Klein in New York City and Michelle Rhee in Washington, D.C., a slower, but possibly more transformative, set of reforms have been taking place in Los Angeles. These reforms were also funded and shaped by major foundations, but they work from the bottom up, through charter school operators managing networks of schools. This strategy has built grassroots political momentum and demand for reform in Los Angeles that is unmatched in New York City and other districts with mayoral control. Reckhow's study of Los Angeles's education system shows how democratically responsive urban school reform could occur-pairing foundation investment with broad grassroots involvement. Bringing a sharp analytical eye and a wealth of evidence to one of the most politicized issues of our day, Follow the Money will reshape our thinking about educational reform in America.
Publisher: Oxford University Press
ISBN: 0199937737
Category : Education
Languages : en
Pages : 234
Book Description
Some of the nation's wealthiest philanthropies, including the Bill and Melinda Gates Foundation, the Walton Family Foundation, and the Broad Foundation have invested hundreds of millions of dollars in education reform. With vast wealth and a political agenda, these foundations have helped to reshape the reform landscape in urban education. In Follow the Money, Sarah Reckhow shows where and how foundation investment in education is occurring and presents in-depth analysis of the effects of these investments within the two largest urban districts in the United States: New York City and Los Angeles. In New York City, centralized political control and the use of private resources have enabled rapid implementation of reform proposals. Yet this potent combination of top-down authority and outside funding also poses serious questions about transparency, responsiveness, and democratic accountability in New York. Furthermore, the sustainability of reform policies is closely linked to the political fortunes of the current mayor and his chosen school leader. While the media has highlighted the efforts of drastic reformers and dominating leaders such as Joel Klein in New York City and Michelle Rhee in Washington, D.C., a slower, but possibly more transformative, set of reforms have been taking place in Los Angeles. These reforms were also funded and shaped by major foundations, but they work from the bottom up, through charter school operators managing networks of schools. This strategy has built grassroots political momentum and demand for reform in Los Angeles that is unmatched in New York City and other districts with mayoral control. Reckhow's study of Los Angeles's education system shows how democratically responsive urban school reform could occur-pairing foundation investment with broad grassroots involvement. Bringing a sharp analytical eye and a wealth of evidence to one of the most politicized issues of our day, Follow the Money will reshape our thinking about educational reform in America.
Follow the Money!
Author: Loreen Leedy
Publisher: National Geographic Books
ISBN: 0823417948
Category : Juvenile Nonfiction
Languages : en
Pages : 0
Book Description
From mint, to pocket, to vending machine--tag along with George, a brand new quarter, and see how far a coin goes. With her signature bright, cartoony illustrations, Loreen Leedy explores American currency from the coins' point of view. George starts his day at the U.S. Mint, but he's soon swept away to a bank and dispensed, with a roll of his fellows, to make change at a grocery store. Again and again the quarter changes hands-- dropping into a vending machine, bouncing in a purse, slipping through a hole in someone's pocket. At each transaction, the arithmetic is laid out to show how we add, subtract, and multiply money every day. Keen-eyed readers will notice the page numbers are represented in bills and coins, and the amounts pictured in each scene add up to the listed totals, aiding identification of different denominations of money. This funny introduction to cold hard cash also includes an author's note about different kinds of currency through the ages, how to spot a counterfit bill, an introduction to the 50 States Quarters™ program, and a list of money-related vocabulary. Pocket change has never been so entertaining!
Publisher: National Geographic Books
ISBN: 0823417948
Category : Juvenile Nonfiction
Languages : en
Pages : 0
Book Description
From mint, to pocket, to vending machine--tag along with George, a brand new quarter, and see how far a coin goes. With her signature bright, cartoony illustrations, Loreen Leedy explores American currency from the coins' point of view. George starts his day at the U.S. Mint, but he's soon swept away to a bank and dispensed, with a roll of his fellows, to make change at a grocery store. Again and again the quarter changes hands-- dropping into a vending machine, bouncing in a purse, slipping through a hole in someone's pocket. At each transaction, the arithmetic is laid out to show how we add, subtract, and multiply money every day. Keen-eyed readers will notice the page numbers are represented in bills and coins, and the amounts pictured in each scene add up to the listed totals, aiding identification of different denominations of money. This funny introduction to cold hard cash also includes an author's note about different kinds of currency through the ages, how to spot a counterfit bill, an introduction to the 50 States Quarters™ program, and a list of money-related vocabulary. Pocket change has never been so entertaining!
Follow the Money
Author: Dan Bongino
Publisher: Simon and Schuster
ISBN: 164293660X
Category : Political Science
Languages : en
Pages : 178
Book Description
As seen on The Ben Shapiro Show! Follow the Money exposes the labyrinth of connections between D.C.’s slimiest swamp creatures—Democrat operatives, lying informants, desperate and destructive FBI agents, Obama power brokers, CIA renegade John Brennan, George Soros, and more—who conspired to attack Trump by manufacturing one bogus scandal after another. Bestselling author, podcast favorite, and Fox News contributor Dan Bongino delivers the third and most shocking of his acclaimed series chronicling the Deep State war against Donald Trump. Starting with the Trump impeachment hearings, Bongino works forward and backward to piece together the connections of a vast, well-funded cabal of wealthy Democrats and D.C. swamp elite to the non-stop deluge of manufactured scandals launched specifically to attack, destabilize, and ultimately remove Trump and his administration. Zooming in on Ukraine, Bongino unspools a complex sequence of corruption—from the miraculous “discovery” of a mysterious black ledger that linked financial transactions to Trump campaign insider Paul Manafort and cast a shadow over the entire Trump team, to Joe Biden’s unexamined quid pro quo interference with Kyiv politics as he threatened to withhold a loan unless a prosecutor was removed from office. The former Secret Service agent exposes how Glenn Simpson, the corrupt cheerleader behind the lie-filled Steele dossier, wrangled millions from top Democrat donor George Soros to meddle in Ukraine politics. Bongino also reveals Soros’s desperate multimillion-dollar plan to stop Trump’s re-election. Using FBI documents, Bongino reveals the outrageous actions of Robert Mueller’s investigators, who sat on evidence that proved the supposedly damning Trump Tower meeting between a Russian lawyer and senior campaign officials was nothing more than a twenty-minute waste of time for all involved. Other chapters delve into the disturbing presence of Obama’s fixer, obstruction angel Kathryn “Kathy” Ruemmler, who represents a rogues gallery of Russiagate political operatives; the FBI’s inside source on the National Security Council, Anthony Ferrante, who dedicated himself to the fruitless task of trying to prove the Steele dossier was legitimate; and “Special Agent 1” Stephen M. Somma’s curious obsession with Lt. Gen. Michael Flynn, which was stoked by a Flynn-fixated paid operative named Stefan Halper. Flynn is the centerpiece of one of the book’s most revealing chapters, in which Bongino deconstructs the FBI’s elaborate takedown of Trump’s National Security Advisor, revealing how and why the three-star general was set up not once…but three times. Bongino also returns to the last, desperate attempt to derail Trump—the impeachment trial—and uncovers Adam Schiff’s lies and the Ukraine-call whistleblower’s multiple secret ties to never-Trumpers and Schiff himself. In the final chapter, Bongino unveils the newest front to stop Trump: the unleashing of COVID-19 from China and how the disease mutated from a killer plague in Wuhan to a weapon to destroy America’s economy and, with it, Trump’s re-election chances. Follow the Money displays dizzying detective work from a truly relentless, passionate, and patriotic reporter. An astonishing chronicle of the relentless war to destroy Donald Trump and his administration, this exposé is a must-read for anyone who wants to unravel the most shocking and corrupt campaign to unseat a sitting president in American history.
Publisher: Simon and Schuster
ISBN: 164293660X
Category : Political Science
Languages : en
Pages : 178
Book Description
As seen on The Ben Shapiro Show! Follow the Money exposes the labyrinth of connections between D.C.’s slimiest swamp creatures—Democrat operatives, lying informants, desperate and destructive FBI agents, Obama power brokers, CIA renegade John Brennan, George Soros, and more—who conspired to attack Trump by manufacturing one bogus scandal after another. Bestselling author, podcast favorite, and Fox News contributor Dan Bongino delivers the third and most shocking of his acclaimed series chronicling the Deep State war against Donald Trump. Starting with the Trump impeachment hearings, Bongino works forward and backward to piece together the connections of a vast, well-funded cabal of wealthy Democrats and D.C. swamp elite to the non-stop deluge of manufactured scandals launched specifically to attack, destabilize, and ultimately remove Trump and his administration. Zooming in on Ukraine, Bongino unspools a complex sequence of corruption—from the miraculous “discovery” of a mysterious black ledger that linked financial transactions to Trump campaign insider Paul Manafort and cast a shadow over the entire Trump team, to Joe Biden’s unexamined quid pro quo interference with Kyiv politics as he threatened to withhold a loan unless a prosecutor was removed from office. The former Secret Service agent exposes how Glenn Simpson, the corrupt cheerleader behind the lie-filled Steele dossier, wrangled millions from top Democrat donor George Soros to meddle in Ukraine politics. Bongino also reveals Soros’s desperate multimillion-dollar plan to stop Trump’s re-election. Using FBI documents, Bongino reveals the outrageous actions of Robert Mueller’s investigators, who sat on evidence that proved the supposedly damning Trump Tower meeting between a Russian lawyer and senior campaign officials was nothing more than a twenty-minute waste of time for all involved. Other chapters delve into the disturbing presence of Obama’s fixer, obstruction angel Kathryn “Kathy” Ruemmler, who represents a rogues gallery of Russiagate political operatives; the FBI’s inside source on the National Security Council, Anthony Ferrante, who dedicated himself to the fruitless task of trying to prove the Steele dossier was legitimate; and “Special Agent 1” Stephen M. Somma’s curious obsession with Lt. Gen. Michael Flynn, which was stoked by a Flynn-fixated paid operative named Stefan Halper. Flynn is the centerpiece of one of the book’s most revealing chapters, in which Bongino deconstructs the FBI’s elaborate takedown of Trump’s National Security Advisor, revealing how and why the three-star general was set up not once…but three times. Bongino also returns to the last, desperate attempt to derail Trump—the impeachment trial—and uncovers Adam Schiff’s lies and the Ukraine-call whistleblower’s multiple secret ties to never-Trumpers and Schiff himself. In the final chapter, Bongino unveils the newest front to stop Trump: the unleashing of COVID-19 from China and how the disease mutated from a killer plague in Wuhan to a weapon to destroy America’s economy and, with it, Trump’s re-election chances. Follow the Money displays dizzying detective work from a truly relentless, passionate, and patriotic reporter. An astonishing chronicle of the relentless war to destroy Donald Trump and his administration, this exposé is a must-read for anyone who wants to unravel the most shocking and corrupt campaign to unseat a sitting president in American history.
Follow the Money: Funding Research in a Large Academic Health Center
Author: Henry R. Bourne
Publisher: Lulu.com
ISBN: 0996324216
Category : Business & Economics
Languages : en
Pages : 233
Book Description
Threatened by sharp cuts in state government support and stagnant federal research funding, US public research universities are becoming fragile ecosystems. By charting flows of research dollars through a leading public research university-the University of California, San Francisco (UCSF)-this book illuminates how such schools work to cope with these funding threats and how the challenges and coping strategies affect organization and direction of research. Academic leaders, faculty, administrators, and students will learn how a complex academic health center manages its revenues, expenses, and diverse academic cultures. For the first time, they can begin to understand arcane mysteries of indirect cost recovery, sponsored funds, capital investment, endowments, debt, and researchers' salaries.
Publisher: Lulu.com
ISBN: 0996324216
Category : Business & Economics
Languages : en
Pages : 233
Book Description
Threatened by sharp cuts in state government support and stagnant federal research funding, US public research universities are becoming fragile ecosystems. By charting flows of research dollars through a leading public research university-the University of California, San Francisco (UCSF)-this book illuminates how such schools work to cope with these funding threats and how the challenges and coping strategies affect organization and direction of research. Academic leaders, faculty, administrators, and students will learn how a complex academic health center manages its revenues, expenses, and diverse academic cultures. For the first time, they can begin to understand arcane mysteries of indirect cost recovery, sponsored funds, capital investment, endowments, debt, and researchers' salaries.
Follow the Money
Author: John Anderson
Publisher: Simon and Schuster
ISBN: 1416539255
Category : Political Science
Languages : en
Pages : 355
Book Description
With its barbecues, new Cadillacs, and $4,000 snakeskin cowboy boots, Texas is all about power and money -- and the power that money buys. This detailed and wide-scope account shows how a group of wealthy Texas Republicans quietly hijacked American politics for their own gain. Getting George W. Bush elected, we learn, was just the tip of the iceberg.... In Follow the Money, award-winning journalist and sixth-generation Texan John Anderson shows how power in Texas has long been vested in the interconnected worlds of Houston's global energy companies, banks, and law firms -- not least among them Baker Botts, the firm controlled by none other than James A. Baker III, the Bush family consigliere. Anderson explains how the Texas political system came to be controlled by a sophisticated, well-funded group of conservative Republicans who, after elevating George W. Bush to the American presidency, went about applying their hardball, high-dollar politicking to Washington, D.C. When George Bush reached the White House, he brought with him not only members of the Texas legal establishment (among them former White House counsel Harriet Miers and Attorney General Alberto Gonzales) but empowered swarms of Republican lobbyists who saw in Bush's arrival a way to make both common cause and big money. Another important Beltway Texan was Congressman Tom DeLay, the famous "Exterminator" of Houston's Twenty-second District, who became majority leader in 2003 and controlled which bills made it through Congress and which did not. DeLay, in turn, was linked to lobbyist Jack Abramoff, who used his relationships with both DeLay and Karl Rove on behalf of his clients, creating a shockingly corrupt flow of millions of dollars among Republican lobby groups and political action committees. Washington soon became infected by Texas-style politics. Influence-peddling, deal-making, and money-laundering followed -- much of it accomplished in the capital's toniest restaurants or on the fairways and beaches of luxurious resorts, away from the public eye. The damaging fallout has, one way or another, touched nearly all Americans, Democrat and Republican alike. Follow the Money reveals the hidden web of influence that links George W. Bush, Dick Cheney, and the Texas Republicans to the 2000 recount in Florida; the national tort-reform movement; the controversial late-hour, one-vote passage of the Medicare Reform Act; congressional redistricting schemes; scandals in the energy sector; the destruction of basic constitutional protections; the financial machinery of the Christian right; the manipulation of American-Indian tribe casinos; the Iraq War torture scandals; the crooked management of the Department of the Interior; the composition of the Supreme Court; and the 2007 purges of seasoned prosecutors in the Justice Department. Some of the actors are in federal prison, others are on their way there, and many more have successfully eluded a day of reckoning. Told with verve, style, and a not-so-occasional raised eyebrow, Anderson's account arcs directly into tomorrow's headlines. Startling in its revelations, Follow the Money is sure to spark controversy and much-needed debate concerning which direction this country goes next.
Publisher: Simon and Schuster
ISBN: 1416539255
Category : Political Science
Languages : en
Pages : 355
Book Description
With its barbecues, new Cadillacs, and $4,000 snakeskin cowboy boots, Texas is all about power and money -- and the power that money buys. This detailed and wide-scope account shows how a group of wealthy Texas Republicans quietly hijacked American politics for their own gain. Getting George W. Bush elected, we learn, was just the tip of the iceberg.... In Follow the Money, award-winning journalist and sixth-generation Texan John Anderson shows how power in Texas has long been vested in the interconnected worlds of Houston's global energy companies, banks, and law firms -- not least among them Baker Botts, the firm controlled by none other than James A. Baker III, the Bush family consigliere. Anderson explains how the Texas political system came to be controlled by a sophisticated, well-funded group of conservative Republicans who, after elevating George W. Bush to the American presidency, went about applying their hardball, high-dollar politicking to Washington, D.C. When George Bush reached the White House, he brought with him not only members of the Texas legal establishment (among them former White House counsel Harriet Miers and Attorney General Alberto Gonzales) but empowered swarms of Republican lobbyists who saw in Bush's arrival a way to make both common cause and big money. Another important Beltway Texan was Congressman Tom DeLay, the famous "Exterminator" of Houston's Twenty-second District, who became majority leader in 2003 and controlled which bills made it through Congress and which did not. DeLay, in turn, was linked to lobbyist Jack Abramoff, who used his relationships with both DeLay and Karl Rove on behalf of his clients, creating a shockingly corrupt flow of millions of dollars among Republican lobby groups and political action committees. Washington soon became infected by Texas-style politics. Influence-peddling, deal-making, and money-laundering followed -- much of it accomplished in the capital's toniest restaurants or on the fairways and beaches of luxurious resorts, away from the public eye. The damaging fallout has, one way or another, touched nearly all Americans, Democrat and Republican alike. Follow the Money reveals the hidden web of influence that links George W. Bush, Dick Cheney, and the Texas Republicans to the 2000 recount in Florida; the national tort-reform movement; the controversial late-hour, one-vote passage of the Medicare Reform Act; congressional redistricting schemes; scandals in the energy sector; the destruction of basic constitutional protections; the financial machinery of the Christian right; the manipulation of American-Indian tribe casinos; the Iraq War torture scandals; the crooked management of the Department of the Interior; the composition of the Supreme Court; and the 2007 purges of seasoned prosecutors in the Justice Department. Some of the actors are in federal prison, others are on their way there, and many more have successfully eluded a day of reckoning. Told with verve, style, and a not-so-occasional raised eyebrow, Anderson's account arcs directly into tomorrow's headlines. Startling in its revelations, Follow the Money is sure to spark controversy and much-needed debate concerning which direction this country goes next.
Follow the Money
Author: David McWilliams
Publisher: Gill Books
ISBN: 9780717148073
Category : Social Science
Languages : en
Pages : 318
Book Description
This book is about real people and how good people can be broken by bad economics.
Publisher: Gill Books
ISBN: 9780717148073
Category : Social Science
Languages : en
Pages : 318
Book Description
This book is about real people and how good people can be broken by bad economics.
Follow Your Money
Author: Kevin Sylvester
Publisher: Annick Press
ISBN: 9781554514809
Category : Juvenile Nonfiction
Languages : en
Pages : 0
Book Description
Examines how cost is determined in goods, what happens to money once it is used to buy something, and the basics of credit.
Publisher: Annick Press
ISBN: 9781554514809
Category : Juvenile Nonfiction
Languages : en
Pages : 0
Book Description
Examines how cost is determined in goods, what happens to money once it is used to buy something, and the basics of credit.
Following the Money
Author: George Benston
Publisher: Brookings Institution Press
ISBN: 9780815708919
Category : Business & Economics
Languages : en
Pages : 154
Book Description
A Brookings Institution Press and American Enterprise Institute publication A few years ago, Americans held out their systems of corporate governance and financial disclosure as models to be emulated by the rest of the world. But in late 2001 U.S. policymakers and corporate leaders found themselves facing the largest corporate accounting scandals in American history. The spectacular collapses of Enron and Worldcom—as well as the discovery of accounting irregularities at other large U.S. companies—seemed to call into question the efficacy of the entire system of corporate governance in the United States. In response, Congress quickly enacted a comprehensive package of reform measures in what has come to be known as the Sarbanes-Oxley Act. The New York Stock Exchange and the NASDAQ followed by making fundamental changes to their listing requirements. The private sector acted as well. Accounting firms—watching in horror as one of their largest, Arthur Andersen, collapsed after a criminal conviction for document shredding—tightened their auditing procedures. Stock analysts and ratings agencies, hit hard by a series of disclosures about their failings, changed their practices as well. Will these reforms be enough? Are some counterproductive? Are other shortcomings in the disclosure system still in need of correction? These are among the questions that George Benston, Michael Bromwich, Robert E. Litan, and Alfred Wagenhofer address in Following the Money. While the authors agree that the U.S. system of corporate disclosure and governance is in need of change, they are concerned that policymakers may be overreacting in some areas and taking actions in others that may prove to be ineffective or even counterproductive. Using the Enron case as a point of departure, the authors argue that the major problem lies not in the accounting and auditing standards themselves, but in the system of enforcing those standards.
Publisher: Brookings Institution Press
ISBN: 9780815708919
Category : Business & Economics
Languages : en
Pages : 154
Book Description
A Brookings Institution Press and American Enterprise Institute publication A few years ago, Americans held out their systems of corporate governance and financial disclosure as models to be emulated by the rest of the world. But in late 2001 U.S. policymakers and corporate leaders found themselves facing the largest corporate accounting scandals in American history. The spectacular collapses of Enron and Worldcom—as well as the discovery of accounting irregularities at other large U.S. companies—seemed to call into question the efficacy of the entire system of corporate governance in the United States. In response, Congress quickly enacted a comprehensive package of reform measures in what has come to be known as the Sarbanes-Oxley Act. The New York Stock Exchange and the NASDAQ followed by making fundamental changes to their listing requirements. The private sector acted as well. Accounting firms—watching in horror as one of their largest, Arthur Andersen, collapsed after a criminal conviction for document shredding—tightened their auditing procedures. Stock analysts and ratings agencies, hit hard by a series of disclosures about their failings, changed their practices as well. Will these reforms be enough? Are some counterproductive? Are other shortcomings in the disclosure system still in need of correction? These are among the questions that George Benston, Michael Bromwich, Robert E. Litan, and Alfred Wagenhofer address in Following the Money. While the authors agree that the U.S. system of corporate disclosure and governance is in need of change, they are concerned that policymakers may be overreacting in some areas and taking actions in others that may prove to be ineffective or even counterproductive. Using the Enron case as a point of departure, the authors argue that the major problem lies not in the accounting and auditing standards themselves, but in the system of enforcing those standards.
Business Cycles, Part II
Author: F. A. Hayek
Publisher: University of Chicago Press
ISBN: 0226320499
Category : Business & Economics
Languages : en
Pages : 361
Book Description
In the years following its publication, F. A. Hayek’s pioneering work on business cycles was regarded as an important challenge to what was later known as Keynesian macroeconomics. Today, as debates rage on over the monetary origins of the current economic and financial crisis, economists are once again paying heed to Hayek’s thoughts on the repercussions of excessive central bank interventions. The latest editions in the University of Chicago Press’s ongoing series The Collected Works of F. A. Hayek, these volumes bring together Hayek’s work on what causes periods of boom and bust in the economy. Moving away from the classical emphasis on equilibrium, Hayek demonstrates that business cycles are generated by the adaptation of the structure of production to changes in relative demand. Thus, when central banks artificially lower interest rates, the result is a misallocation of capital and the creation of asset bubbles and additional instability. Business Cycles, Part I contains Hayek’s two major monographs on the topic: Monetary Theory and the Trade Cycle and Prices and Production. Reproducing the text of the original 1933 translation of the former, this edition also draws on the original German, as well as more recent translations. For Prices and Production, a variorum edition is presented, incorporating the 1931 first edition and its 1935 revision. Business Cycles, Part II assembles a series of Hayek’s shorter papers on the topic, ranging from the 1920s to 1981. In addition to bringing together Hayek’s work on the evolution of business cycles, the two volumes of Business Cycles also include extensive introductions by Hansjoerg Klausinger, placing the writings in intellectual context—including their reception and the theoretical debates to which they contributed—and providing background on the evolution of Hayek’s thought.
Publisher: University of Chicago Press
ISBN: 0226320499
Category : Business & Economics
Languages : en
Pages : 361
Book Description
In the years following its publication, F. A. Hayek’s pioneering work on business cycles was regarded as an important challenge to what was later known as Keynesian macroeconomics. Today, as debates rage on over the monetary origins of the current economic and financial crisis, economists are once again paying heed to Hayek’s thoughts on the repercussions of excessive central bank interventions. The latest editions in the University of Chicago Press’s ongoing series The Collected Works of F. A. Hayek, these volumes bring together Hayek’s work on what causes periods of boom and bust in the economy. Moving away from the classical emphasis on equilibrium, Hayek demonstrates that business cycles are generated by the adaptation of the structure of production to changes in relative demand. Thus, when central banks artificially lower interest rates, the result is a misallocation of capital and the creation of asset bubbles and additional instability. Business Cycles, Part I contains Hayek’s two major monographs on the topic: Monetary Theory and the Trade Cycle and Prices and Production. Reproducing the text of the original 1933 translation of the former, this edition also draws on the original German, as well as more recent translations. For Prices and Production, a variorum edition is presented, incorporating the 1931 first edition and its 1935 revision. Business Cycles, Part II assembles a series of Hayek’s shorter papers on the topic, ranging from the 1920s to 1981. In addition to bringing together Hayek’s work on the evolution of business cycles, the two volumes of Business Cycles also include extensive introductions by Hansjoerg Klausinger, placing the writings in intellectual context—including their reception and the theoretical debates to which they contributed—and providing background on the evolution of Hayek’s thought.