The Qing dynasty office purchase system (juanna), which allowed individuals to pay for appointments in the government, was regarded in traditional Chinese historiography as an inherently corrupt and anti-meritocratic practice. It enabled participants to become civil and military officials while avoiding the competitive government-run examination systems. Lawrence Zhang’s groundbreaking study of a broad selection of new archival and other printed evidence—including a list of over 10,900 purchasers of offices from 1798 and narratives of purchase—contradicts this widely held assessment and investigates how observers and critics of the system, past and present, have informed this questionable negative view. The author argues that, rather than seeing office purchase as a last resort for those who failed to obtain official appointments via other means, it was a preferred method for wealthy and well-connected individuals to leverage their social capital to the fullest extent. Office purchase was thus not only a useful device that raised funds for the state, but also a political tool that, through literal investments in their positions and their potential to secure status and power, tied the interests of official elites ever more closely to those of the state.

This book sheds light on how the modern 3-bladed wind turbine came into being, and who, how and what in the proceeding period caused the success. It looks back over three decades to find the roots of this exciting development, a long cavalcade of developers, inventors, and manufacturers including the Danish authors who themselves were part of the breakthrough. Written for non-specialists, the book covers minimal science, emphasizing the story of how wind power became a worldwide 30-billion-euro business employing nearly one million people.

The Qing dynasty office purchase system (juanna), which allowed individuals to pay for government appointments, was regarded in traditional Chinese historiography as inherently corrupt and anti-meritocratic. Lawrence Zhang's groundbreaking study of a broad selection of new archival and other printed evidence contradicts this widely held assessment.

This influential study of the relationship between the prices of gold and other commodities was originally published in 1935. In it the authors attributed the initial cause of the great depression in the US to the reestablishment of the gold standard in many European countries and resulting deflation. The authors' recommendations were successfully implemented by Franklin D. Roosevelt.

Regulation of the Power Sector is a unified, consistent and comprehensive treatment of the theories and practicalities of regulation in modern power-supply systems. The need for generation to occur at the time of use occasioned by the impracticality of large-scale electricity storage coupled with constant and often unpredictable changes in demand make electricity-supply systems large, dynamic and complex and their regulation a daunting task. Arranged in four parts, this book addresses both traditional regulatory frameworks and also liberalized and re-regulated environments. First, an introduction gives a full characterization of power supply including engineering, economic and regulatory viewpoints. The second part presents the fundamentals of regulation and the third looks at the regulation of particular components of the power sector in detail. Advanced topics and subjects still open or subject to dispute form the content of Part IV. In a sector where regulatory design is the key driver of both the industry efficiency and the returns on investment, Regulation of the Power Sector is directed at regulators, policy decision makers, business managers and researchers. It is a pragmatic text, well-tested by the authors’ quarter-century of experience of power systems from around the world. Power system professionals and students at all levels will derive much benefit from the authors’ wealth of blended theory and real-world-derived know-how.