Getting it Wrong: How Faulty Monetary Statistics Undermine the Fed, the Financial System, and the Economy
Blame for the recent financial crisis and subsequent recession has commonly been assigned to everyone from Wall Street firms to individual homeowners. It has been widely argued that the crisis and recession were caused by "greed" and the failure of mainstream economics. In Getting It Wrong, leading economist William Barnett argues instead that there was too little use of the relevant economics, especially from the literature on economic measurement. Barnett contends that as financial instruments became more complex, the simple-sum monetary aggregation formulas used by central banks, including the U.S. Federal Reserve, became obsolete.
Squires in the Slums - Settlements and Missions in Late Victorian Britain
Settlements were a distinctive aspect of late-Victorian church life in which individual philanthropic Christians were encouraged to live and work in communities amongst the poor and set an example for the underprivileged through their own actions. Often overlooked by historians, settlements are of great value in understanding the values and culture of the 19th century. Settlement missions were first conceived when Samuel Barnett, the incumbent of St Jude's, Whitechapel, in the East End of London, sought to introduce them as a major aspect of Victorian church life.