In the nineteenth century, the Qing empire experienced a period of profound turmoil caused by an unprecedented conjunction of natural disasters, domestic rebellions, and foreign incursions. The imperial government responded to these calamities by introducing an array of new policies and institutions to bolster its power across its massive territories. In the process, Qing officials launched campaigns for natural resource development, seeking to take advantage of the unexploited lands, waters, and minerals of the empire’s vast hinterlands and borderlands. In this book, Peter B. Lavelle uses the life and career of Chinese statesman Zuo Zongtang (1812–1885) as a lens to explore the environmental history of this era. Although known for his pacification campaigns against rebel movements, Zuo was at the forefront of the nineteenth-century quest for natural resources. Influenced by his knowledge of nature, geography, and technology, he created government bureaus and oversaw state-funded projects to improve agriculture, sericulture, and other industries in territories across the empire. His work forged new patterns of colonial development in the Qing empire’s northwest borderlands, including Xinjiang, at a time when other empires were scrambling to secure access to resources around the globe. Weaving a narrative across the span of Zuo’s lifetime, The Profits of Nature offers a unique approach to understanding the dynamic relationship among social crises, colonialism, and the natural world during a critical juncture in Chinese history, between the high tide of imperial power in the eighteenth century and the challenges of modern state-building in the twentieth century.

Peter B. Lavelle uses the life and career of the statesman Zuo Zongtang as a lens to explore the environmental history of nineteenth-century China. The Profits of Nature offers a new approach to understanding the dynamic relationship between imperial crisis, natural resources, and colonial development during a critical juncture in Chinese history.

Could there ever be an alternative stock exchange dedicated to slow, small, and local? Could a million American families get their food from CSAs? What if you had to invest 50 percent of your assets within 50 miles of where you live?Such questions-at the heart of slow money-represent the first steps on our path to a new economy. Inquiries into the Nature of Slow Money presents an essential new strategy for investing in local food systems and introduces a group of fiduciary activists who are exploring what should come after industrial finance and industrial agriculture. Theirs is a vision for investing that puts soil fertility into return-on-investment calculations and serves people and place as much at it serves industry sectors and markets. Leading the charge is Woody Tasch-whose decades of work as a venture capitalist, foundation treasurer, and entrepreneur now shed new light on a truer, more beautiful, more prudent kind of fiduciary responsibility. He offers an alternative vision to the dusty old industrial concepts of the nineteenth and twentieth centuries when dollars, and the businesses they financed, lost their connection to place; slow money, on the other hand, is firmly rooted in the new economic, social, and environmental realities of the 21st century. Inquiries into the Nature of Slow Money is a call to action for designing capital markets built around not extraction and consumption but preservation and restoration. Is it a movement or is it an investment strategy? Yes.

In the tradition of Naomi Klein's Shock Doctrine, a leading geoscientist argues that natural disasters too often push the modern world towards more extremes of inequality

A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.

Kevin Loughran explores the High Line in New York, the Bloomingdale Trail/606 in Chicago, and Buffalo Bayou Park in Houston to offer a critical perspective on the rise of the postindustrial park. He reveals how elites deploy the popularity and seemingly benign nature of parks to achieve their cultural, political, and economic goals.

A pioneering account of the surging global tide of market power—and how it stifles workers around the world In an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power—the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil. The Profit Paradox describes how, over the past forty years, a handful of companies have reaped most of the rewards of technological advancements—acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. Instead of passing on the benefits of better technologies to consumers through lower prices, these “superstar” companies leverage new technologies to charge even higher prices. The consequences are already immense, from unnecessarily high prices for virtually everything, to fewer startups that can compete, to rising inequality and stagnating wages for most workers, to severely limited social mobility. A provocative investigation into how market power hurts average working people, The Profit Paradox also offers concrete solutions for fixing the problem and restoring a healthy economy.