Price controls across many sectors are currently being hotly debated. New controls in the housing market, more onerous minimum wages, minimum prices for alcohol, and freezes on energy prices are very high up the agenda of most politicians at the moment. Even without any further controls, wages, university fees, railway fares and many financial products already have their prices at least partly determined by politicians rather than by supply and demand in the market. Indeed, barely a sector of the UK economy is unaffected in one way or another by government controls on prices. This book demonstrates why economists do not like price controls and shows why they are widely regarded as being amongst the most damaging political interventions in markets. The authors analyse, in a very readable fashion, the damage they cause. Crucially, the authors also explain why, despite universal criticism from economists, price controls are so popular amongst politicians.

Price controls across many sectors are currently being hotly debated. New controls in the housing market, more onerous minimum wages, minimum prices for alcohol, and freezes on energy prices are very high up the agenda of most politicians at the moment. Even without any further controls, wages, university fees, railway fares and many financial products already have their prices at least partly determined by politicians rather than by supply and demand in the market. Indeed, barely a sector of the UK economy is unaffected in one way or another by government controls on prices. This book demonstrates why economists do not like price controls and shows why they are widely regarded as being amongst the most damaging political interventions in markets. The authors analyse, in a very readable fashion, the damage they cause. Crucially, the authors also explain why, despite universal criticism from economists, price controls are so popular amongst politicians.This excellent book, edited by Christopher Coyne and Rachel Coyne, should be of great value to all those with an interest in minimum wages and other forms of price control.

Interest has always been a part of humans' daily economic life, and the concept of interest has attracted intense attention from economists, philosophers, religious scholars and lawmakers. This book analyses the issue of prohibition of interest through the lens of conventional economics and then makes a comparison with the position of Islamic economists. It evaluates the theory of interest presented by Böhm-Bawerk, which is the most respected and applicable theory at present. It provides an in-depth analysis of the current literature, and it is the first book to scrutinize the interpretation of Islamic economists on the concepts of time preference and interest rate control. This book will be of interest to academics and students of economics and Islamic economics.

Solid information on what you need to inspect: building sites and landscaping, foundations, structures, roofing, chimneys and flues, interior and exterior finishes, electrical systems, HVAC systems, and plumbing systems.

The industry-standard guide to designing well-performing buildings Aesthetics are a vital part of good design. Great design emerges from a deep understanding of the functionality and constructability of details. Good details provide clear, complete, and correct information to the wide variety of users that need them. Architects guide a project from design idea to buildable reality by working with other building industry professionals and creating a set of details that show how things are put together. Architectural Detailing systematically describes the principles for designing good architectural details. Using patterns that demonstrate best practices and consistent approaches to design detailing, this book teaches why detailing is important, what factors shape detailing issues, and how to detail a building that meets or exceeds performance requirements. Extensive illustrations demonstrate how to design building details that will not leak water or air, will control the flow of heat and water vapor, will adjust to all kinds of movement, and will be easy to construct. This fourth edition has been updated to conform to the latest International Building Codes and International Energy Conservation Code requirements and incorporates current knowledge about new material and construction technology, including: Expanded patterns for sustainability, high performance architecture, and resilience Examples using panelized or modularized prefabricated building assemblies Complex case studies demonstrating the detailing design process for energy efficient structures Design detailing for maintenance and management of sensitive or weak spots in a building assembly Architectural Detailing helps you bring a building together with a well detailed design that communicates effectively at all levels of the construction process.

Brad Mee--the interior designer seen on HDTV and The Christopher Lowell Show, and the subject of a profile in USA Today--goes straight to the heart of the home, so you can transform it to suit your desired lifestyle. Whether you're starting from scratch or renovating a dated space, creating a vibrant, multi-functional living room is easy, with the help of expert designer Brad Mee and his newest entry in the Design Is in the Details series. Is your household a whirlwind of action, desperately in need of a quiet refuge? Or do you long for a lively room where all the family can play? Page by page, Mee offers easy-to-follow advice on how to determine the purpose of the room, select an appropriate style, and provide a heaping dose of decorative detail--from canvases to carvings--at every turn.