Sabtu, 22 Januari 2011

Download Ebook Fragile by Design: The Political Origins of Banking Crises and Scarce Credit (The Princeton Economic History of the Western World), by Charles W. Calomiris Stephen H. Haber

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Fragile by Design: The Political Origins of Banking Crises and Scarce Credit (The Princeton Economic History of the Western World), by Charles W. Calomiris Stephen H. Haber


Fragile by Design: The Political Origins of Banking Crises and Scarce Credit (The Princeton Economic History of the Western World), by Charles W. Calomiris Stephen H. Haber


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Review

"Winner of the 2015 PROSE Award in Business, Finance & Management, Association of American Publishers""One of The Times Higher Education Supplement’s Books of the Year 2014, selected by Sir Howard Davies""One of Bloomberg Businessweek’s Best Books of 2014, chosen by Mervyn King and Jeffrey M. Lacker""One of Financial Times (FT.com) Best Economics Books of 2014, chosen by Martin Wolf""Longlisted for the Financial Times and McKinsey Business Book of the Year 2014""Brilliant. . . . [I]f you are looking for a rich history of banking over the last couple of centuries and the role played by politics in that evolution, there is no better study. It deserves to become a classic."---Liaquat Ahamed, New York Times Book Review"Business economists Calomiris and Haber explain how imperfectly politics and commercial banks intersect, and the consequences for the rest of us. . . . This learned inquiry deserves ample attention from scholars, regulators, and bankers themselves." (Publishers Weekly)"Calomiris and Haber offer a thoughtful counter-argument to the current received wisdom."---Howard Davies, Times Higher Education"Readable, erudite, myth-busting. . . . The authors' clear and well-documented discussion of what happened should dissuade anyone of the myth that the economic crisis of 2007-09 was caused by the profit-and-loss system of unfettered capitalism."---Gene Epstein, Barron's"Charles Calomiris and Stephen Haber make the compelling argument that a country's propensity for frequent banking crises is linked to the ability of populist elements to hold the banking sector to ransom."---Louise Bennetts, American Banker

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From the Inside Flap

"A seminal political economy analysis of why banking varies so much across countries, with such profound consequences for economic development and social welfare. Not just fascinating and original, but also right."--James Robinson, author ofWhy Nations Fail"A monumental intellectual and scholarly achievement that will shape thinking on finance and politics for decades to come. A book for the ages, whose insights are delivered in a lively, punchy, and nontechnical narrative."--Ross Levine, University of California, Berkeley"A major contribution to our understanding of banking, showing why nations need banks, why banks need the state, and how the quality of banking depends on how the 'Game of Bank Bargains' is played between politicians, bankers, and a penumbra of key protagonists."--Charles Goodhart, London School of Economics and Political Science"What explains the dramatic variation across countries in the extent, structure, regulation, and fragility of banking? Calomiris and Haber provide a tour de force resolution of the question. Their answer: politics.Fragile by Design's synthesis is shockingly original and convincing."--Darrell Duffie, Stanford University"A remarkably detailed account of the sources of banking and financial failure under different institutional rules. A masterful achievement and a must-read for banking scholars, analysts, and regulators."--Allan Meltzer, author ofA History of the Federal Reserve"Fragile by Design bristles with insights about how conflicting private interests, intermediated through political institutions, have sometimes produced banking and social insurance arrangements that make financial crises much more likely than they should be."--Thomas Sargent, Nobel Laureate in Economics"Why do America's banks go bust so often? Fragile by Design draws back the veil that hides the murky world where politics and big money meet, and exposes the surprising truth--that the banks were built to fail. Read, learn, and keep your cash close at hand!"--Ian Morris, author of Why the West Rules--for Now"Fragile by Design explains why the U.S. banking crisis of 2007–2009 is no aberration, but only the latest episode of a populist bargain gone awry. This is a powerful entry in the debate on how to fix the postcrisis world."--Raghuram Rajan, author of Fault Lines

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Product details

Series: The Princeton Economic History of the Western World (Book 50)

Hardcover: 584 pages

Publisher: Princeton University Press (February 23, 2014)

Language: English

ISBN-10: 0691155240

ISBN-13: 978-0691155241

Product Dimensions:

6.5 x 1.5 x 9.8 inches

Shipping Weight: 2 pounds (View shipping rates and policies)

Average Customer Review:

4.1 out of 5 stars

66 customer reviews

Amazon Best Sellers Rank:

#202,107 in Books (See Top 100 in Books)

Fragile by Design takes a fresh approach to looking at banking systems and frequency of crisis through a game theoretic lens. It is a fresh viewpoint on thinking about banking systems and their stability and the relationship between banking and the state. The authors focus on the UK, the US and Canada as well as Mexico and Brazil. They discuss the history of the state and banking in each of these countries to give the reader a framework with which to think about the game theory embedded in the risks of setting up banks, distribution of banks and allocation of credit, and the distribution of returns to the various stakeholders.Fragile by Design is split into 4 sections. The first is titled No Banks without States and No States without Banks. It lays the foundation of why modern societies need banks and how banking systems first evolved to support fiscal spending. The describe in straightforward terms how there is a mutual dependence between the state and the financial system and especially in the mercantilist economic era that ability to fund wars was a matter of survival for the sovereign. The need of wealthy elites to be confident that their wealth would not be expropriated through the financial system created a bargain between the state and banking principals about how to allocate a country's savings between the constituents (often unrepresented for that matter). The authors give the history of the Bank of England and how it was created to support the funding of wars with France. The authors also detail how the need for greater inclusiveness for the population within the political sphere led to a slow moving change of the Bank of England's mandate from supporting the state and being the sole allocator of credit to being the discounter of bank bills and thus the effective banker's bank. The authors detail how the changing political economy and bank bargain between the banks, state and Bank of England led to a more fragile banking system than in Scotland in which banks competed on a more equal plane with one another. The authors in the first section familiarize the reader with the language of bank bargaining as well as provide an illuminating history of the coevolution of banking and the state.The authors then move on to the main section of the book The cost of Banker-Populist Alliances. Through their framework the authors give the reader a sense of how the US banking system has been more fragile through its history due to particular bargains (based on early agrarian ideology) that led to a fragmented banking system up until the 90s. The authors discuss US history and the battles of the early US politicians over the relevance of a central bank. The authors discuss how banking in the US was not federally regulated and was decided by State legislatures which as a function of trying to keep consistent credit allocation harvested unit banks (banks of one branch). The authors detail how the banking system poorly allocated credit through the system or effectively forced credit to be local and had no economies of scale. This bargain led to a higher frequency of banking panics through time. The federal reserve system was an attempt to help by instituting regional central banks which coordinated but the authors note that they did not always agree like today and that the system back then still had no cross state banks. The authors discuss how deposit insurance was another bank bargain that created potentially more fragility as it changed the incentives of bank operators. The authors also Canada and how it has had no banking crises in its history. The authors discuss its different history in which British rule coupled with French population dominance led to stronger central government that changed the bank bargaining game and led to a more oligopolistic banking system that was prevented from extracting rents by rolling bank charters which could be led to expiry if banks behaved poorly.The third section is titled Authoritarianism, Democratic Transitions and the Game of Bank Bargains. To a certain extent this section gives the best understanding of how changing institutional arrangement changes the way banks function. The authors begin the book with the idea that banks don't exist in lawlessness as the risk of appropriation is too great. The authors in the third section go into case examples of fairly lawless states and how their internal changes have led to banking reform. The authors focus on Mexico and Brazil. They start with Mexico and give its history and describe how the first stable banks were formed during "Pax Porfiriana" when there was a stable coalition of politicians and financiers that was able to form. Prior to this the state was run by warlords who would appropriate banks capital at will and as such were effectively non-existent. The increase of credit in the economy was measured during this period to show how banking intensity increased. The reader is given a taste of how banking credit was typically allocated to all the business ventures of the bank principals rather than broadly through society. The authors then discuss how the PRI took over in the 20th century and ruled up until the banking crisis in the early 90s. They discussed the cronyism in the privatization of the banks in which the bidders funded their purchases with loans from the banks being purchased. The authors discuss how the banks ended up becoming reformed through foreign acquisition in which lending became merit based and now most of the Mexican banking system is dominated by foreign banks. The authors also discuss Brazil and its history. They discuss the role of the slave trade on the distribution of wealth and how such a distribution led to the bargain between the elites and the Portuguese Royalty. The authors discuss how the coalition of rulers and elites used inflation to extract gains out of the more poor laboring society and how such a phenomenon led to persistent high inflation that finally let do political change.Fragile By Design provides a new way of looking at the financial crisis as well as a new way of looking at the structure of economies as a consequence of the Game of Bank Bargains. The authors recognize that giving their narrative doesn't give an algorithm for discussing probabilities of bank failures and discuss some econometric results that give substance to their suspicions. They also highlight that their framework allows a new perspective on thinking about bank crisis as a consequence of variable interdependence rather than as a statistical exercise. There is much that is controversial and I'm sure many would immediately dismiss the authors views that the housing crisis was a function of a political bargain with the banks about lax capital requirements to fund risky loans to ameliorate rising inequality, but their arguments are coherent and there is much evidence to support their perspectives. The authors also briefly discuss China, Japan, Germany, Chile as potential counterexamples and handle them well. This is a fresh perspective on financial crisis as propogated through the banking channel and their framework is a valuable one to consider when analyzing the relationship between banking and the state.

The book was much broader, deeper and denser than I had expected. "Broader" in the scope of nations it studies -- substantial space is given to the development of the banking sector in the UK, USA, Canada, Mexico and Brazil, with further brief discussions on several more nations. I had been expecting a more-US-centric book. "Deeper" in that every one of the major chapters goes back at least two centuries, and of course more in the case of England, it goes back 4. Here again, I was expecting a purely contemporary account. And "denser" to acknowledge the staggering number of references cited in support of the authors' argument. It's a very serious book, that expands in a very scholarly manner on the insight sketched out by, among others, Rajan in Fault Lines, that the configuration of banking sectors and the terms and conditions of credit extension and enforcement are not just the natural result of free market interactions but have been structured very closely by political programs. In short, every government has the banking system that its political class wants it to have. If you have an oligarchy, the banking system will be chock-full of insider loans. If you have an autocracy, the banking system will be negligible because no one will trust the government to refrain from expropriating it. If you have a reasonably representative government, the banking system will be directed toward extending credit to the median voter's economic level. When parties have to compete for votes, they inevitably use the banking sector as a means of courting marginal voters or rewarding loyal constituencies -- pushing Fannie Mae and Freddie Mac into subprime mortgages in the Clinton era, or partnering regulators and banks in the GWB era.In many cases, going back to the creation of the Bank of England in 1694, the banking system has been devised to facilitate the war-fighting aims of the sovereign. The same is shown to be true of the Union in the Civil War. And of course, once the political elite tasks the banking system to serve as its aide or partner, they inevitably winds up having to support the partner in times of trouble, a symbiotic dynamic that is often demonstrated throughout the book. Meanwhile, in another recurring theme, populist agendas often determine the conditions on which lending is done outside of wartime. The book contains brilliant, concise narratives of how a populist-agrarian coalition shaped the US banking sector throughout the 19th and early 20th century -- briefly summarized, farmers wanted local banks that had no alternative but to be responsive to them in lean years, but, as the nation grew more urban, that political coalition waned, and branch banking and banking consolidation followed. But, as the authors show, a different coalition, originating with affordable housing activists and urban Democratic Party operatives empowered by the Community Reinvestment Act, arose in its place to extract their own tolls or rents from banks seeking to merge, and eventually from Fannie Mae and Freddie Mac as well (because only government-backed entities could absorb the credit risk flooding the system as a result). And thus the policies that led to the financial crisis of 2008 were put in place by the political process.The authors' phrase for this symbiotic dynamic between the banking sector and the government of a nation is "the Game of Bank Bargains": politicians want banks to make credit available freely to the fisc and to targeted constituencies, who vary from era to era and nation to nation, and banking executives can indeed be persuaded to play along, as long as they get what they want for themselves, which has generally entailed some measure of shifting the resulting credit risk back to the state. They explore its various permutations thoroughly, in more eras and more cultures than I had anticipated. The contrast they draw between the recurrent instability of America's "unit banking" system with Canada's relatively safer and sounder banking system was particularly eye-opening. And the chapter on Mexico, written I suspect by Haber, who has published a lot on Mexican banking, was absolutely dazzling.Overall, this was a stunningly good book and I hope it will be widely read as I think it really puts not just the financial crisis but the entire history of banking in an enlightening perspective.

Most materials covering this topic for the broader public explain the 2007-2009 financial crisis as the culmination of greed gone amok. Calomiris and Haber would not disagree that individuals are motivated by self interest. Well, of course they are! However, rather than stopping there they proceed to describe how the representatives of political systems too often fail their constituents. The authors do this via a thorough review of the banking histories of the United States and other countries. Their organizing principle for this review is the Game of Bank Bargains. Participants in this game are depositors, debtors, bankers--especially their minority shareholders, and government. The authors show how the arrangements made by these participants determine the degree of banking fragility.If a simplistic explanation of banking fragility is what you want, don't bother, you surely will be disappointed by this book. If instead you are looking for a deeper understanding of the causes of bank crises then I very much recommend the book. Such readers will not need a PhD in economics to grasp the details as the book manages to convey its points very effectively through illustration rather than equations or excessive banking jargon.To B-school academics, I recommend considering the book as an adjunct to your standard text for a financial institutions course. The authors comparative approach to banking goes far toward explaining how liquidity and solvency problems arise and how those can be prevented.

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Kamis, 13 Januari 2011

Ebook Download An Introduction to the New Testament: Contexts, Methods & Ministry Formation

Ebook Download An Introduction to the New Testament: Contexts, Methods & Ministry Formation

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An Introduction to the New Testament: Contexts, Methods & Ministry Formation

An Introduction to the New Testament: Contexts, Methods & Ministry Formation


An Introduction to the New Testament: Contexts, Methods & Ministry Formation


Ebook Download An Introduction to the New Testament: Contexts, Methods & Ministry Formation

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An Introduction to the New Testament: Contexts, Methods & Ministry Formation

About the Author

David A. deSilva (PhD, Emory University) is Trustees' Distinguished Professor of New Testament and Greek at Ashland Theological Seminary in Ashland, Ohio. He is the author of over twenty-five books and an ordained elder in the Florida Conference of the United Methodist Church.

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Product details

Hardcover: 1008 pages

Publisher: IVP Academic; 2 edition (September 25, 2018)

Language: English

ISBN-10: 9780830852178

ISBN-13: 978-0830852178

ASIN: 0830852174

Product Dimensions:

7.3 x 1.8 x 10 inches

Shipping Weight: 1.7 pounds (View shipping rates and policies)

Average Customer Review:

4.4 out of 5 stars

55 customer reviews

Amazon Best Sellers Rank:

#98,366 in Books (See Top 100 in Books)

This book can be used as the textbook for a New Testament survey course at the graduate or seminary level. David DeSilva provides a wealth of historical, cultural and literary background information to help us understand the 1st century message of each book in the New Testament. He helps us to think about the pastoral motivation behind each gospel and letter in the New Testament. What audience were these gospels/letters written to and what were the pastoral needs of that audience. These concerns helped shape the contents of each book that makes up our present New Testament. In addition DeSilva provides an easy to understand introduction to source criticism, redaction criticism, literary criticism, feminist criticism and many other tools of scholarship that help us understand the New Testament. I highly recommend this introduction to the New Testament.

I've had the great pleasure of being one of Dr. deSilva's students at Ashland Seminary and the somewhat lesser pleasure of having read nearly every chapter in this book in the process. The main weakness in this book is in the editing. The writing could be more concise and clear in many places. This makes it difficult to read from cover to cover, but presents less of a problem when using the book as a reference. It almost seems as if each chapter was written to stand on its own. Many of the same points are made repeatedly throughout the book as they apply to different books of the New Testament. That said, the book also has many strengths.At the end of each chapter is a section on "ministry formation" which draws practical lessons for ministry and discipleship based on the previous reading. I found these to be very insightful and the most interesting and valuable parts of the book. The "exegetical skill" and "cultural awareness" sections that are sprinkled throughout the book are also very good. Separating the exegetical skill material from the main text makes it easy to find and apply to study of parts of the NT other than the immediate context in which the particular sections appear.Overall this book is very good seminary level course and reference material that I know will be very useful to me in the future. It's a poor substitute for the lively and highly interactive teaching that you would get in one of the author's classes, but it's a lot less expensive.

DeSilva kept me hooked as I read through the New Testament letters. This text has been recommended now a few times to some of the guys around my church. As a pastor / teacher, and seminary student with an undergrad in Religion, I've compiled a few NT books and commentaries, and so far this has been at the top of the list. It's not a commentary, but is inviting in its approach to bring the reader into the setting, history, and in-depth context of each book. Certainly a worthy investment, in my opinion, to have in your study library.

Oh, I have used this for so many bible study references, its a great resource book to have.Purchased for NT class and glad the instructor insisted we buy, could not have made it through class without it.

Truly a testament to biblical scholarship. As a scholar of OT, this volume pulled me in and made connection I never even knew were there. If you're looking for a definitive guide to the NT look no further.

Let me begin by saying that I am enjoying the content of this book, but I am struggling with the digital format. While reading on a kindle/kindle app, the two-column text is tiny and very difficult to read. Further, if you zoom in too far, the text get pixelated. (I think they just saved the book as a PDF and uploaded it.)Conclusion: buy the physical version of the book.

This text brings into focus the context of the New Testament that will change the way you read and interpret it. I'm sure reading this will help my grade.

A deep dive without needing a PhD to understand.

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Senin, 10 Januari 2011

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Product details

File Size: 1277 KB

Print Length: 314 pages

Page Numbers Source ISBN: 0552171611

Publisher: Transworld Digital (October 1, 2015)

Publication Date: October 1, 2015

Language: English

ASIN: B00Q5TV8F6

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Despite not being economist, not British and not familiar with the British tax system, this book gave me insights no other books have done so far. Especially when it comes to understand what money is, how it is created and destroyed. I have thought about money this way before but never as clear and simple as this book suggests.It brings an idea on how GDP is counted and balanced and how growth can be achieved and not achieved. Richard Murphy’s conclusions are at some points contrary to what I learned from other books and political discussions in my country. He explains why austerity often opposes the pursuit of national wealth, which is no news but once again in a convincing and comprehensible manner.Murphy discusses taxes purpose and how it forms an effective political tool to bring peace and sustainability to the society. He is challenging conventional thinking – and it all makes sense!The book is easy to understand and repetitive in an educational manner, maybe a bit too far. My only complaint is that it could have been slightly more effective linguistically and hence less wordy.

After David Cameron gave Richard Murphys "The Joy of Tax" a bum review at the Tory party conference I ordered myself a copy, after all being ridiculed by the ridiculous has to be a positive?The book opens with a whirlwind history of taxation from the time of the Ancients through the rise of Christianity and on to the present. Murphy then answers the question of what tax is, what money is, and how it gets created, before attempting to re-conceptualise tax as something that comes after spending and is not a pre-condition of spending, but rather the government clawing back money it has already spent to prevent inflationary pressures building up in the economy. This has implications in the current situation where Austerity is held up as the only way forward while the economy stutters and splutters onwards, shedding social obligations at an alarming rate. In Murphys view, as long as there is no sign of inflation (its 0% for the moment) money can be created, after all private banks can do it, and the State has done it with £300bn+ fed into the Financial Sector. Why can't it be done to meet social obligations and bring the economy back to life?As someone who has been a leading light of the Tax Justice Network, Murphy unsurprisingly addresses problems with the fairness of the current tax system. An interesting graph (p140) makes it clear that the UK tax system is far from progressive, and in fact taking as a whole it almost functions as a flat tax with all deciles paying about 31-36% of income in taxes, apart from the poorest decile which pays out 48%! Some are evidently in it more than others. Other issues he addresses are the tax dodging of transnationals and the filthy rich, National Insurance which he argues is a tax on jobs, regressive indirect taxes such as VAT, plus the regressive council tax, and equalising the tax rate for all income regardless of whether its salary or wages, dividends, interest or capital gains.To sum up, "The Joy of Tax" while far from perfectly written, is a fine book that pulls back the curtains and questions the orthodoxy of how tax, money and government spending actually work. In doing so, and this is the great strength of the book, Murphy points to a possible route away from the sterile Austerity that monopolises what passes for political and economic debate with its endless cuts (Family Tax Credits, Unemployment Benefit, and Disability Benefits, and just about every social program under the sun, as well as George Osbornes two child policy for the working and non-working poor) and towards a fairer, and more civilised future.Readers looking for more detail and another view of the UK tax system could do a lot worse than Richard Brooks The Great Tax Robbery; with regard to tax havens and those who abuse them see Treasure Islands by Nicholas Shaxson; and finally, for a brilliant critique of Austerity I'd not hesitate to recommend Mark Blyths Austerity: The History of a Dangerous Idea.

This book is a must-read for anyone who cares about world of civilisation and poverty. "the Joy of Tax" by Professor Richard Murphy represents the best that taxation has to offer.”Writers like Mr Murphy have one consistency, which is being against the totalitarian – on the extreme left and on the extreme right. The Totalitarian is the enemy ...A refreshingly clear, well-structured argument against the standard approach to tax reform, this book, while intended for academics and tax analysts should provide an essential wake-up call for any reader.Keven Maguire, associate editor of the Daily Mirror made the most valuable observation about the prolific blogger and commentators Richard Murphy:"We’ve got to take sides on tax. Rich individuals, corporations, well-funded special interest groups and much of Fleet Street is on one (the wrong) side and then there is Richard Murphy plus a few others, including yours truly. But it is Murphy who is the heroic figure. Tireless and forensic, driven by an admirable moral fervour, I take my hat off to a campaigner with Duracell batteries."Economists along the lines of Thomas Piketty and James Cumes are watching the ideas inside the Joy of Tax with interest as tax reformers tend to be aware that price of civilisation is taxation.Richard Murphy and James Cumes have a lot in common as they both care about the quality of life for all citizens as James observed:"In his famous Four Freedoms speech in 1941, President Roosevelt called for Freedom from Want. Sixty years later ... his successor, President Clinton, in his BBC Dimbleby Lecture, reminded us that billions, including many in the richest countries on earth, still live in dire poverty, are homeless or poorly housed, are educated far below their potential, and lack adequate medical care. He told us that one and a half billion people - a quarter of the world's population - never get to drink a glass of clean water.Isn't it time we determined to remedy this tragic situation, to strive to reach the 60-year-old goal and to free the world from want?If governments won't do it, should not the people, in the exercise of direct democracy, take the matter into their own hands?That is the essential concept behind "A Democratic Initiative for Victory Over Want (VOW)."To realise worldwide victory over want is a sufficient challenge in itself. It is a sufficient reason for us to bend all our efforts to achieve it."

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Sabtu, 01 Januari 2011

Free Ebook Operating Systems Design and Implementation (3rd Edition)

Free Ebook Operating Systems Design and Implementation (3rd Edition)

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Operating Systems Design and Implementation (3rd Edition)

From the Back Cover

“The presentation is excellent. The book should be on the desk of any serious student of operating systems.”--Dr. Samuel Kohn, Thomas Edison State College   “I would give the authors very high grades for their writing style. Topics are explained in a clear and understandable manner. Presentations are well organized and they flow in logical fashion. The book provides the right depth and breadth of explanations with the appropriate amount of rigor and abstraction.” --Gojko Babic, Department of Computer Science and Engineering, Ohio State University   The definitive, up-to-date introduction to operating systems: Core principles plus hands-on examples with the new MINIX 3 operating system   The world’s best-selling introductory operating systems text has been thoroughly updated to reflect the latest advances in OS design and implementation. Offering an optimal balance of theory and practice, Operating Systems: Design and Implementation, Third Edition remains the best resource for anyone seeking a deep understanding of how operating systems work.   This edition includes MINIX 3, more compact, more reliable, better suited for embedded applications – and, above all, even easier to teach and learn from. Using MINIX, the authors introduce virtually every core concept needed to construct a working OS: system calls, processes, IPC, scheduling, I/O, deadlocks, memory management, threads, file systems, security, and more.    NEW TO THIS EDITION   ·   Newly-released, significantly-improved MINIX 3 operating system on CD-ROM: giving students  hands-on experience in  modifying and rebuilding a contemporary operating system ·   Expanded and reorganized coverage of processes and communication ·   Revised and enhanced coverage of CPU scheduling, deadlocks, file system reliability, and security ·   Includes more than 150 end of chapter problems   ·   ABOUT THE AUTHORS   Andrew S. Tanenbaum has an S.B. degree from M.I.T. and a Ph. D. from the University of California at Berkeley.  He is currently a Professor of Computer Science and Vrije Universiteit in Amsterdam, the Netherlands, where, for more than 30 years, he has taught operating systems, computer organization, and networking to thousands of students. Professor Tanenbaum is the winner of the ACM Karl V. Karlstrom Outstanding Educator Award and the ACM/SIGCSE Award for Outstanding Contributions to Computer Science Education.    Albert S. Woodhull is Adjunct Associate Professor of Computer Science and Biology at the School of Natural Science, Hampshire College, Amherst, MA. He also served until recently as computer system administrator for the Department of Biology in the School of Natural Science and Mathematics at the University of Massachusetts, Amherst, MA. He holds an S.B. degree from M.I.T. and a Ph.D. the University of Washington. Supported by a Fulbright grant, he has taught at the Universidad Nacional de Ingenieria and the Universidad Nacional Autonoma de Nicaragua. 

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About the Author

Andrew S. Tanenbaum has a B.S. Degree from M.I.T. and a Ph.D. from the University of California at Berkeley. He is currently a Professor of Computer Science at the Vrije Universiteit in Amsterdam, The Netherlands, where he heads the Computer Systems Group. He is also Dean of the Advanced School for Computing and Imaging, an interuniversity graduate school doing research on advanced parallel, distributed, and imaging systems. Nevertheless, he is trying very hard to avoid turning into a bureaucrat. In the past, he has done research on compilers, operating systems, networking, and local-area distributed systems. His current research focuses primarily on the design of wide-area distributed systems that scale to a billion users. These research projects have led to five books and over 85 referred papers in journals and conference proceedings. Prof. Tanenbaum has also produced a considerable volume of software. He was the principal architect of the Amsterdam Compiler Kit, a widely-used toolkit for writing portable compilers, as well as of MINIX, a small UNIX clone intended for use in student programming labs. Together with his Ph.D. students and programmers, he helped design the Amoeba distributed operating system, a high-performance microkernel-based distributed operating system. The MINIX and Amoeba systems are now available for free via the Internet.. Prof. Tanenbaum is a Fellow of the ACM, a Fellow of the IEEE, a member of the Royal Netherlands Academy of Arts and Sciences, winner of the 1994 ACM Karl V. Karlstrom Outstanding Educator Award, and winner of the 1997 ACM/SIGCSE Award for Outstanding Contributions to Computer Science Education. He is also listed in Who’s Who in the World.   Albert S. Woodhull was a faculty member in the School of Natural Science, Hampshire College, Amherst, MA for many years. He has taught at the University of Massachusetts and Smith College in the US, and he has been a visiting faculty member on multiple occasions at universities in Nicaragua, supported on two of these visits by Fulbright grants. He also served as a computer and network system administrator at the University of Massachusetts. He holds an B.S. degree from M.I.T. and a Ph.D. from the University of Washington. His home page on the web is at http://minix1.woodhull.com/asw/.  

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Product details

Hardcover: 1088 pages

Publisher: Pearson; 3 edition (January 14, 2006)

Language: English

ISBN-10: 0131429388

ISBN-13: 978-0131429383

Product Dimensions:

7.3 x 2.4 x 9.3 inches

Shipping Weight: 3.8 pounds (View shipping rates and policies)

Average Customer Review:

4.2 out of 5 stars

41 customer reviews

Amazon Best Sellers Rank:

#492,296 in Books (See Top 100 in Books)

Great book, highly recommend.The prerequisites, in my opinion, for reading this book is a basic knowledge of C and assembly, particularly, if you want to read through the source code in the back of the book. However, the book does such a phenomenal job in explaining everything within the text that it is not necessary to read through the source code. All parts of the text contain references to the actual source code, specifying line numbers of the source code, which makes it easy to read a paragraph, see its implementation in source code, read the next paragraph/pages, etc.This book is specific to Minix 3 which is a microkernel OS, contrasting it with Linux & Windows, for example, which are monolithic/hybrid OSs. Minix 3, as presented in this book, is also simplified by being single-threaded.A CD comes with it which contains the Minix 3 OS for use.I had previously read Modern Operating Systems & Computer Networks by the same author. This is a very good author and I very highly recommend his books.I wish this author would write a book on virtualization as well.

This book does a very good job at walking the reader through the various functions of MINIX, but it does not go into the specifics very well. In short, it is a good technical book, but it is not one I recommend for an introduction to Operating Systems, since it glazes over many things. So while I had a good grasp of how MINIX operates, I had little knowledge on how to add more to the OS, or how to write my own OS.While MINIX was a good choice for the text, as MINIX is an operating system written to be understood, I just think the authors could gone much more in detail. A strong grasp of C is also required, so make sure you know your stuff before reading this book.

I found the book to be a good read and didn't tire me unlike some other technical books. Tanenbaum's mastery of the subject is evident and he interweaves practical examples throughout the text that really help understand the concepts he is explaining. The book is thorough and informative, and it helped me to understand some of the details that weren't discussed in class.

My grandson requested this book. He is a junior in high school. I thought that it would be a good selection as he always seems to have his eyes glued to a computer screen. He started paging through it as soon as he opened the package. He made up a gift suggstion list with links for his "not-so-savvy with computer" grandparents. I was savvy enough to get it ordered, wrapped, and under the Christmas tree.

AST rulz, hands down! For many years I had this book on my nightstand. Although operating systems have evolved from the times this book was written, all the fundamental concepts are exposed and explained here with the finest didactic from Professor Tanenbaum. With his characteristic humor-driven writing style and his hands on examples, the author carries the reader through all the main aspects of a modern operating system. Keep in mind that this book was written in a time when personal computers ran very simplistic OSs.

This is the ONLY book that contains actual code for OS.Another choice to learn the code is "OS Concepts" by Silberschartz and Galvin, but the codes are much shorter.Many people prefer "Modern OS" (book by the same author) to this book, due to the short amount of actual text."Modern OS" certainly have goes deeper and has better logical flow, but it doesn't contain actual code.On the other hand, "OS Design and Imp" has shallow treatment, but show actual code.It is shallower, but it still contains all essential materials (thread, memory, file system, I/O, deadlock, and security)VERY good textbook to learn both theory and implementation together!

This is review for me as I have been through two courses in Operating Systems, but I would say this book would be a great introductory text for the uninitiated. It is well written and accessible, and there is source code to follow along with that demonstrates key concepts.

Tanenbaum has been a hero of mine since I first bought one of his books back ~1980. This edition of his OS book also includes his very functional, very workable precursor to Linux, eminently suitable for experimentation. I highly recommend *anything* by this gifted author. (I just hope his classes are half as good.)

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