Economic theory and philosophy Books
Cambridge University Press Economics without Preferences
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£85.50
Cambridge University Press Structuralist and Behavioral Macroeconomics
Book SynopsisThis book presents an empirically grounded alternative to prevailing macroeconomic orthodoxy. Using evidence from behavioral economics and insights from Keynesian and institutionalist traditions, it is essential reading for graduate students, researchers and professional economists who have become critical of graduate-level macroeconomic theory.Table of Contents1. Introduction: the state of macroeconomics; 2. The Lucas critique and representative agents; 3. Household consumption and saving; 4. Saving in a corporate economy; 5. Phillips curves and the natural rate of unemployment; 6. Fairness, money illusion and path dependency; 7. Earnings inequality, power bias and mismatch; 8. Macroeconomic adjustment and Keynes' instability argument; 9. Growth and cycles; 10. Endogenous growth cycles with or without price flexibility; 11. Secular stagnation and functional finance; 12. Concluding comments: evidence-based macroeconomics and economic theory; Index.
£33.24
Cambridge University Press Power and Inequality
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£76.00
Cambridge University Press Imperfect Perception and Stochastic Choice in Experiments
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£47.49
Cambridge University Press Understanding Ludwig Lachmanns Economics
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£47.49
Cambridge University Press From Club to Commons
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£52.25
Cambridge University Press Entrepreneurship and Evolutionary Economics
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£47.49
Cambridge University Press The Socialist Calculation Debate
Book SynopsisFor over a generation, the collapse of communism in the Soviet Union and Eastern and Central Europe delegitimized the abolition of private property in the means of production and the practice of central planning as an effective way to achieve the ends of socialism. However, the aspiration of achieving the ends of socialism remains to this day. This Element provides a narrative of a century-long debate that was initiated by Ludwig von Mises in 1920. In so doing, it tells the history of the problem of economic calculation in the socialist commonwealth and its continuing relevance for developments in economics, political economy, and social philosophy.
£17.00
Cambridge University Press The Socialist Calculation Debate
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£47.49
Cambridge University Press Trades Quotes and Prices
Book SynopsisFor decades, discussions of financial markets have primarily centred on prices. In this book for practitioners, researchers and advanced students, the authors present an alternative approach - the microstructure approach - by considering the micro-scale actions of individual traders, and addressing many long-standing questions regarding market fairness, stability, and optimal trading.Trade Review'Leading physicist and hedge fund manager Jean-Philippe Bouchaud and his co-authors have written an impressive book that no serious student of market microstructure can afford to be without. Simultaneously quantitative and highly readable, Trades, Quotes and Prices presents a complete picture of the topic, from classical microstructure models to the latest research, informed by years of practical trading experience.' Jim Gatheral, Baruch College, City University of New York'This book describes the dynamics of supply and demand in modern financial markets. It is a beautiful story, full of striking empirical regularities and elegant mathematics, illustrating how the tools of statistical physics can be used to explain financial exchange. This is a tour de force with the square root law of market impact as its climax. It shows how institutions shape human behaviour, leading to a universal law for the relationship between fluctuations in supply and demand and their impact on prices. I highly recommend this to anyone who wants to see how physics has benefited economics, or for that matter, to anyone who wants to see a stellar example of a theory grounded in data.' Doyne Farmer, University of Oxford'This is a masterful overview of the modern and rapidly developing field of market microstructure, from several of its creators. The emphasis is on simple models to explain real and important features of markets, rather than on sophisticated mathematics for its own sake. The style is narrative and illustrative, with extensive references to more detailed work. A unique feature of the book is its focus on high-frequency data to support the models presented. This book will be an essential resource for practitioners, academics, and regulators alike.' Robert Almgren, New York University and Quantitative BrokersTable of ContentsPreface; Part I. How and Why Do Prices Move?: 1. The ecology of financial markets; 2. The statistics of price changes: an informal primer; Part II. Limit Order Books: Introduction: 3. Limit order books; 4. Empirical properties of limit order books; Part III. Limit Order Books: Models: 5. Single-queue dynamics: simple models; 6. Single-queue dynamics for large-tick stocks; 7. Joint-queue dynamics for large-tick stocks; 8. The Santa Fe model for limit order books; Part IV. Clustering and Correlations: 9. Time clustering and Hawkes processes; 10. Long-range persistence of order flow; Part V. Price Impact: 11. The impact of market orders; 12. The impact of metaorders; Part VI. Six Market Dynamics at the Micro-scale: 13. The propagator model; 14. Generalised propagator models; Part VII. Adverse Selection and Liquidity Provision: 15. The Kyle model; 16. The determinants of the bid–ask spread; 17. The profitability of market making; Part VIII. Market Dynamics at the Meso-scale: 18. Latent liquidity and Walrasian auctions; 19. Impact dynamics in a continuous-time double auction; 20. The information content of prices; Part IX. Practical Consequences: 21. Optimal execution; 22. Market fairness and stability; 23. Appendices; Index.
£66.49
Cambridge University Press The Collected Writings of John Maynard Keynes Volume 4
Book SynopsisA clear exposition of Keynes's ideas about the currencies of Europe and their adjustment to the post-war world.Table of Contents1. The consequences to society of changes in the value of money; 2. Public finance and changes in the value of money; 3. The theory of money and the exchanges; 4. Alternative aims in monetary policy; 5. Positive suggestions for the future regulation of money.
£22.79
Cambridge University Press Incentives
Book SynopsisWhen incentives work well, individuals prosper. When incentives are poor, the pursuit of self-interest is self-defeating. This book is wholly devoted to the topical subject of incentives from individual, collective, and institutional standpoints. This third edition is fully updated and expanded, including a new section on the 200708 financial crisis and a new chapter on networks as well as specific applications of school placement for students, search engine ad auctions, pollution permits, and more. Using worked examples and lucid general theory in its analysis, and seasoned with references to current and past events, Incentives: Motivation and the Economics of Information examines: the performance of agents hired to carry out specific tasks, from taxi drivers to CEOs; the performance of institutions, from voting schemes to medical panels deciding who gets kidney transplants; a wide range of market transactions, from auctions to labor markets to the entire economy. Suitable for advanTable of Contents1. Equilibrium, efficiency, and asymmetric information; 2. Basic models and tools; 3. Hidden action; 4. Corporate governance; 5. Hidden characteristics; 6. Auctions; 7. Voting and preference revelation; 8. Public goods and preference revelation; 9. Matching; 10. Networks; 11. General competitive equilibrium.
£45.59
Cambridge University Press Commodity Price Dynamics A Structural Approach
Book SynopsisCommodities have become an important component of many investors' portfolios and the focus of much political controversy over the past decade. This book utilizes structural models to provide a better understanding of how commodities' prices behave and what drives them. It exploits differences across commodities and examines a variety of predictions of the models to identify where they work and where they fail. The findings of the analysis are useful to scholars, traders and policy makers who want to better understand often puzzling - and extreme - movements in the prices of commodities from aluminium to oil to soybeans to zinc.Trade Review'Craig Pirrong is one of the most thoughtful scholars working on commodity markets today and he combines an understanding of finance, statistics, and economics in a way that is rare. His book presents a focused and convincing message concerning the advantages of using a structural approach to modeling commodity prices. The interplay between modeling and empirical validation is excellent and provides considerable insight on how commodity prices work and why they work the way they do.' Paul Fackler, North Carolina State University'This book provides a rigorous and much-needed analysis of the economics of commodity markets. In contrast to the histrionics reflected in today's headlines, the analysis is based on the firm foundation provided by the rational model of commodity storage. The basic model is explained in terms that are accessible to anyone with a working knowledge of basic economics, a considerable contribution in itself. Readers will especially appreciate the thorough discussion of failures of the model under various conditions and what this implies for our understanding of commodity markets. Pithy comments that are sprinkled throughout the book highlight key points. Researchers, market participants, and policy makers can all benefit handsomely by reading this book.' Scott Irwin, University of Illinois, Urbana-Champaign'Pirrong's book is a rich and thorough treatment of dynamic models of commodity price determination, particularly metals prices.' Kenneth J. Singleton, Stanford UniversityTable of ContentsPreface; 1. Introduction; 2. Storables modeling basics; 3. Continuously produced commodity price dynamics; 4. Empirical performance of the two-factor model; 5. Stochastic volatility; 6. Seasonal commodities; 7. Carbon markets; 8. Non-storable commodities.
£37.99
Cambridge University Press The Collected Writings of John Maynard Keynes Volume 9
Book SynopsisThese essays represent some of Keynes's finest writing on economic policy and politics.Table of ContentsPart I. The Treaty of Peace: 1. Paris (1919); 2. The Capacity of Germany to Pay Reparations (1919); 3. Proposals for the Reconstruction of Europe (1919); 4. The Change of Opinion (1921); 5. War Debts and the United States (1921, 1925, 1928); Part II. Inflation and Deflation: 6. Inflation (1919); 7. Social Consequences of Changes in the Value of Money (1923); 8. The French Franc (1926, 1928); 9. Can Lloyd George Do It? (1929); 10. The Great Slump of 1930 (December 1930); 11. Economy (1931); 12. The Consequences to the Banks of the Collapse of Money Values (August 1931); Part III. The Return to the Gold Standard: 13. Auri Sacra Fames (1930); 14. Alternative Aims in Monetary Policy (1923); 15. Positive Suggestions for the Future Regulation of Money (1923); 16. The Speeches of the Bank Chairmen (1924, 1925, 1927); 17. The Economic Consequences of Mr Churchill (1925); 18. Mitigation by Tariff (1931); 19. The End of the Gold Standard (27 September 1931); Part IV. Politics: 20. A Short View of Russia (1925); 21. The End of Laissez-Faire (1926); 22. Am I a Liberal? (1925); 23. Liberalism and Labour (1926); Part V. The Future: 24. Clissold (1927); 25. Economic Possibilities for our Grandchildren (1930); Part VI. Later Essays: 26. Means to Prosperity (1933); 27. How to Pay for the War (1940).
£22.79
Cambridge University Press The Collected Writings of John Maynard Keynes Volume 8
Book SynopsisA landmark text on the logical foundations of probability. The essence of Keynes's approach remains important among philosophers today.Table of ContentsPart I. Fundamental Ideas: 1. The meaning of probability; 2. Probability in relation to the theory of knowledge; 3. The measurement of probabilities; 4. The principle of indifference; 5. Other methods of determining probabilities; 6. The weight of arguments; 7. Historical retrospect; 8. The frequency theory of probability; 9. The constructive theory of Part I summarised; Part II. Fundamental Theories: 10. Introductory; 11. The theory of groups, with special inference, and logical priority; 12. The definitions and axioms of inference and probability; 13. The fundamental theorems of necessary inference; 14. The fundamental theorems of probable inference; 15. Numerical measurement and approximation of probabilities; 16. Observations on the theorems of Chapter 14 and their developments including testimony; 17. Some problems in inverse probability, including averages; Part III. Induction and Analogy: 18. Introduction; 19. The nature of argument by analogy; 20. The value of multiplication of instances, or pure induction; 21. The nature of inductive argument continued; 22. The justification of these methods; 23. Some historical notes on induction notes on Part III; Part IV. Some Philosophical Applications of Probability: 24. The meanings of objective chance, and of randomness; 25. Some problems arising out of the discussion of chance; 26. The application of probability to conduct; Part V. The Foundations of Statistical Inference: 27. The nature of statistical inference; 28. The law of great numbers; 29. The use of a priori probabilities for the prediction of statistical frequency - the theorems of Bernoulli, Poisson, and Tchebycheff; 30. The mathematical use of statistical frequencies for the determination of probability a posteriori - the methods of Laplace; 31. The inversion of Bernoulli's theorem; 32. The inductive use of statistical frequencies for the determination of probability a posteriori - the methods of Lexis; 33. Outline of a constructive theory.
£23.74
Cambridge University Press A Textbook of Cultural Economics
Book SynopsisRanging from the traditional arts to the creative industries (such as music, film, games, broadcasting, and publishing), this second edition offers a comprehensive, up-to-date overview and in depth analysis of cultural economics in the digital creative economy. It will be useful for courses in the economics of art and culture, arts management and cultural policy.Trade Review'Ruth Towse is one of the most prominent contributors to the economics of art and culture. This second edition beautifully reflects her great knowledge and devotion to the field, whilst also being highly readable.' Bruno S. Frey, Research Director of the Center for Research in Economics, Management and the Arts (CREMA), Switzerland'The first edition of A Textbook of Cultural Economics has become a standard work providing an accessible introduction to the application of economic principles and methods to problems in the arts. The book is distinguished by its respect for economic theory, its use of data, and its wealth of illustrative examples. The second edition retains the content and attractive features of the first, but extends the coverage in many ways including the addition of new chapters on the digital economy and the games industry. This book can be highly recommended to students, arts and culture professionals, policy-makers and others as a sound and comprehensive introduction to an increasingly important field of economics.' David Throsby, Macquarie University, SydneyTable of ContentsPart I. General Issues in Cultural Economics: 1. Introduction to cultural economics; 2. Economic profile of the cultural sector; 3. Economic organisation of markets in the creative industries; 4. The digital creative economy; 5. Production, costs and supply of cultural goods; 6. Consumption, participation and demand for cultural goods and services; 7. Welfare economics and public finance; Part II. The 'Traditional' Arts and Heritage: 8. Economics of the performing arts; 9. Economics of museums and heritage; 10. Economics of festivals, cities of culture, creative cities and cultural tourism; 11. Economic evaluation cultural policy; Part III. Artists' Labour Markets and Copyright: 12. Economics of artists' labour markets; 13. Economics of copyright; Part IV. The Creative Industries: 14. Economics of creative industries; 15. Economics of the music industry; 16. Economics of the film industry; 17. Economics of videogames; 18. Economics of broadcasting; 19. Economics of book publishing; Part V. Conclusion: 20. Conclusion.
£104.50
Cambridge University Press The Economists View of the World
Book SynopsisThis tour of the economist's mind explains the utility of crucial economic concepts. Rhoads uses relevant political examples to state his case, discusses controversies surrounding redistribution of wealth, and offers a critique of economists' unbalanced emphasis on narrow self-interest as both controlling motive and route to happiness.Trade Review'This is a 35th anniversary version of a classic. Rhoads, an emeritus professor of politics at the University of Virginia, has built upon the best explanation I know of how orthodox economists think about choice, markets, externalities and other concepts. The new edition will be valuable to non-economists and economists alike: the former will learn how economists think; and the latter will learn some of the limits to how they think.' Martin Wolf, A Financial Times Book of the Year'Rhoads puts the discipline's core concepts in wonderfully accessible form.' Barton Swaim, A Wall Street Journal Book of the Year'… one of the top 10 big picture economics books of the last 50 years.' David R. Henderson, RegulationTable of ContentsIntroduction; Part I. Useful Concepts: 1. Opportunity Cost; 2. Marginalism; 3. Economic Incentives; Part II. Government and Markets, Efficiency and Equity: 4. Government and the Economy; 5. Economists and Equity; 6. Externalities and the Government Agenda; Part III. The Limits of Economics: 7. The Economist's Consumer and Individual Well-Being; 8. Representatives, Deliberation, and Political Leadership; 9. Conclusion.
£14.24
Cambridge University Press The Intellectual Property of Nations
Book SynopsisDrawing on macro-historical sociological theories, this book traces the development of intellectual property as a new type of legal property in the modern nation-state system. In its current form, intellectual property is considered part of an infrastructure of state power that incentivizes innovation, creativity, and scientific development, all engines of economic growth. To show how this infrastructure of power emerged, Laura Ford follows macro-historical social theorists, including Michael Mann and Max Weber, back to antiquity, revealing that legal instruments very similar to modern intellectual property have existed for a long time and have also been deployed for similar purposes. Using comparative and historical evidence, this groundbreaking work reflects on the role of intellectual property in our contemporary political communities and societies; on the close relationship between law and religion; and on the extent to which law''s obliging force depends on ancient, written traditTrade Review'A remarkable tour de force, a highly original if loosely Weberian book, tracing the development of intellectual property rights as a form of infrastructural power from the conferment of Roman legal privileges, then successively inflected by Christianity, the nation-state, and globalization, as these rights became seen as a way of stimulating intellectual creativity and economic growth.' Michael Mann, Distinguished Research Professor Emeritus, Department of Sociology, University of California, Los Angeles'The author of this ambitious and well-written volume attempts to both synthesize and add to what we know about the historical emergence of intellectual property law. She not only covers two thousand years of legal history in an exemplary manner, but also makes many exciting forays into unknown territory. This work represents a milestone in the scholarship on intellectual property. It is of much interest not only to scholars in law but also in history and social science.' Richard Swedberg, Professor Emeritus, Department of Sociology, Cornell University'Books that make the familiar over are comfy. Books that make the familiar new are exciting. The Intellectual Property of Nations is a book of the latter kind. It shows that the roots of intellectual property law are to be found in the Roman law of privilege - the status of being protected from others' interference with one's activities - as developed over more than two thousand years, shaped by Christian through liberal thought, monarchical through democratic government, and agricultural though digital economies. The story is both surprising and wondrous. Read and enjoy.' John Henry Schlegel, UB Distinguished Professor and Floyd H. & Hilda L. Hurst Faculty Scholar, University at Buffalo School of Law'... This book is a work of art, that reads like a novel, but blows your mind like a documentary on a topic that you thought you were already schooled in! The book will appeal to any reader interested in broadening their contextual understanding of intellectual property, as well as those considering the globalised future of IP.' Hayleigh Bosher, The IPKat blog (https://ipkitten.blogspot.com/)Table of ContentsIntroduction; 1. Legal Institutions and Social Power: Setting the Stage; 2. Legal Orders and Social Performance: Founding Facebook; 3. Instruments of Legal Power in the Roman Republic; 4. Semantic Legal Ordering: Idealizing Roman Law; 5. Cultural Transformations: Christianizing Legal Power; 6. Privileges and Immunities in a Sacramentalizing Order; 7. Administrative Kingship and Covenantal Bonds: Early Roots of Intellectual Property in England; 8. Intellectual Property in a Nationalizing Order; 9. Cultural Transformations: Naturalizing Intellectual Property; 10. Semantic Legal Ordering: Idealizing Intellectual Property; 11. Instruments of Legal Power in the American Republic; 12. Legal Institutions and Social Performance: Founding a Global Order; Conclusion – The Intellectual Property of Nations.
£29.44
HarperCollins Publishers Inc Yellen
Book SynopsisTrade Review“A vivid portrait of an exceptional woman and a lively history of the economic and financial crises that helped make the treasury secretary and former Fed chair who she is today.” — Sylvia Nasar, #1 New York Times bestselling author of A Beautiful Mind: The Life of Mathematical Genius and Nobel Laureate John Nash “This book provides an in-depth portrait of the person Janet Yellen and teaches us how one can be effective while maintaining a moral compass in an often bitterly contentious and rapacious political landscape. It explores economic ideas and convictions, including hers and those of her husband George Akerlof and their son Robert Akerlof. Together they are an amazing family. They make this not just a biography, but an elucidation by example of the human side of our nation's economic experience." — Robert Shiller, Nobel Prize-winning economist and New York Times bestselling author of Irrational Exuberance “A captivating examination of the unusual intellectual partnership between Janet Yellen, one of the most consequential economic policy makers of the past quarter century, and her husband, George Akerlof, a path-breaking Nobel prize-winning economic thinker. Part biography, part history of ideas, the book provides a fascinating window into the ways thinking on economic policy has evolved in the last 25 years, as it charts how Janet Yellen navigated the economy through uncharted waters as it was being buffeted by a series of unprecedented shocks and boom-bust cycles. A must-read for anyone seeking to understand the current economic challenges we face.” — Liaquat Ahamed, Pulitzer Prize-winning author of Lords of Finance: The Bankers Who Broke the World “My friend George Akerlof is certainly one of the most innovative thinkers in economics today, just as Janet Yellen is unbeatable as a leader of economic policymaking. Their extraordinary contributions have been individual, but their combined vision has helped America understand itself. I am fortunate also to be close with their son, the economist Robert Akerlof, a sparkling intellectual in his own right. This is an extraordinary book, full of illuminating anecdotes and perceptive insights. A true delight to read.” — Amartya Sen, Nobel Prize-winning economist, philosopher, and author of Home in the World “A fantastic biography … I loved the book--and I suspect that people who come to it with less background might get even more out of this insightful window into the interplay of policymaking and economic ideas … I strongly recommend.” — Jason Furman, Aetna Professor of the Practice of Economic Policy, Harvard Kennedy School “Hilsenrath’s new book on Yellen and Akerlof is a gem. It’s equal parts love story and economics book … Everyone should read it.” — Austen Goolsbee, Professor of Economics, University of Chicago, Booth School of Business. “This well-researched portrait of a talented woman unfolds into a slice of American economic history.” — Booklist (starred review) "A perceptive dual biography of Janet Yellen and her husband, Nobel laureate George Akerlof. Hilsenrath draws on personal interviews and abundant published material to clearly elucidate economic theories, recount Yellen’s challenges in steering the nation through economic upheaval, and convey the warmth of the family’s life. A lucid, informative portrait." — Kirkus Reviews "Meticulous...an oft-powerful study of a key player in American economics." — Publishers Weekly "Yellen...is an elegant and erudite depiction of [Yellen and Akerlof's] intellectual voyages in pursuit of the idea that markets can fail and that sensible government action can improve people’s lives." — The Economist
£22.50
Pearson Education (US) Microeconomics
Book SynopsisTable of ContentsBrief Table of Contents Introduction Supply and Demand Applying the Supply-and-Demand Model Consumer Choice Applying Consumer Theory Firms and Production Costs Competitive Firms and Markets Applying the Competitive Model General Equilibrium and Economic Welfare Monopoly Pricing and Advertising Oligopoly and Monopolistic Competition Game Theory Factor Markets Interest Rates, Investments, and Capital Markets Uncertainty Externalities, Open-Access, and Public Goods Asymmetric Information Contracts and Moral Hazards Appendixes Answers to Selected Questions and Problems Sources for Challenges and Applications References Definitions Index Credits
£220.49
Penguin Putnam Inc The Map and the Territory 2.0
Book SynopsisLike all of us, though few so visibly, Alan Greenspan was forced by the financial crisis of 2008 to question some fundamental assumptions about risk management and economic forecasting. No one with any meaningful role in economic decision making in the world saw beforehand the storm for what it was. How had our models so utterly failed us?To answer this question, Alan Greenspan embarked on a rigorous and far-reaching multiyear examination of how Homo economicus predicts the economic future, and how it can predict it better. Economic risk is a fact of life in every realm, from home to business to government at all levels. Whether we’re conscious of it or not, we make wagers on the future virtually every day, one way or another. Very often, however, we’re steering by out-of-date maps, when we’re not driven by factors entirely beyond our conscious control.The Map and the Territory is nothing less than an effort to update our forecasting conceptual grid.
£17.00
University of Chicago Press Institutional Foundations of Impersonal Exchange
Book SynopsisTracing the development of registries in developed and developing countries, the author argues that, while no single institutional arrangement is appropriate across the board, there are general principles that may be applied to facilitate the protection of both private property and impersonal trade.Trade Review"Benito Arrunada has written an excellent and well-thought-out work that highlights the importance of legal rules - rather than speculative stylized ideas about institutions - in understanding the true value of property rights and the problems impeding real-world reform. The book will find a ready audience among economists, lawyers, political scientists, and the aid community." (Pablo T. Spiller, University of California, Berkeley)"
£64.11
The University of Chicago Press HardtoMeasure Goods and Services Essays in Honor of Zvi Griliches 67 NBER Studies in Income and Wealth
Book SynopsisThe celebrated economist Zvi Griliches' entire career can be viewed as an attempt to advance the cause of accuracy in economic measurement. This collection of papers from an NBER conference held in Griliches' honor, is a tribute to his many contributions to modern economic thought.
£115.00
The University of Chicago Press Financial Markets Volatility and Performance in
Book SynopsisCapital mobility is a double-edged sword for emerging economies, as governments must weigh the benefits of investment against the potential economic costs and political consequences of currency crises, devaluations, and instability. This book addresses the balance between capital mobility and capital controls.
£176.19
The University of Chicago Press Political Standards Corporate Interest Ideology
Book SynopsisPrudent, verifiable, and timely corporate accounting is a bedrock of our modern capitalist system. In recent years, however, the rules that govern corporate accounting have been subtly changed in ways that compromise these core principles, to the detriment of the economy at large. These changes have been driven by the private agendas of certain corporate special interests, aided selectively-and sometimes unwittingly-by arguments from business academia With Political Standards, Karthik Ramanna develops the notion of thin political markets to describe a key problem facing technical rulemaking in corporate accounting and beyond. When standard-setting boards attempt to regulate the accounting practices of corporations, they must draw on a small pool of qualified experts-but those experts almost always have strong commercial interests in the outcome. Meanwhile, standard-setting rarely enjoys much attention from the general public. This absence of accountability, Ramanna argues, allows corpo
£80.00
The University of Chicago Press Risk of Economic Crisis NBER National Bureau of
Book SynopsisThe stunning collapse of the thrift industry, the major stock slump of 1987, rising corporate debt, wild fluctuations of currency exchange rates, and a rash of defaults on developing country debts have revived fading memories of the Great Depression and fueled fears of an impending economic crisis. Under what conditions are financial markets vulnerable to disruption and what economic consequences ensue when these markets break down? In this accessible and thought-provoking volume, Benjamin M. Friedman investigates the origins of financial crisis in domestic capital markets, Paul Krugman examines the international origins and transmission of financial and economic crises, and Lawrence H. Summers explores the transition from financial crisis to economic collapse. In the introductory essay, Martin Feldstein reviews the major financial problems of the 1980s and discusses lessons to be learned from this experience. The book also contains provocative observations by senior academics and othe
£30.55
The University of Chicago Press The Natural Origins of Economics
Book SynopsisHere the author traces the emergence and transformation of economics in the eighteenth and nineteenth centuries from a natural to a social science. Focusing on the works of several prominent economists, she locates the evolution of economic ideas within the history of science. This book will interest economists, historians, and philosophers.Trade Review"An important and satisfying study. It offers a synthesis of history of science and of economic thought, surveying a large body of material from a distinctive angle and showing how nature, once densely interwoven with economics, came to be understood as merely an exogenous factor." - Theodore Porter, University of California, Los Angeles"
£80.00
The University of Chicago Press The Great Global Transformation
a huge range and FREE tracked UK delivery on ALL orders.
£21.43
MIT Press Ltd Contending Economic Theories
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£43.00
MIT Press Ltd The Elusive Quest for Growth Economists
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£27.00
MIT Press Ltd Political Economics Explaining Economic Policy
Book SynopsisWhat determines the size and form of redistributive programs, the extent and type of public goods provision, the burden of taxation across alternative tax bases, the size of government deficits, and the stance of monetary policy during the course of business and electoral cycles? A large and rapidly growing literature in political economics attempts to answer these questions. But so far there is little consensus on the answers and disagreement on the appropriate mode of analysis.Combining the best of three separate traditions—the theory of macroeconomic policy, public choice, and rational choice in political science—Torsten Persson and Guido Tabellini suggest a unified approach to the field. As in modern macroeconomics, individual citizens behave rationally, their preferences over economic outcomes inducing preferences over policy. As in public choice, the delegation of policy decisions to elected representatives may give rise to agency problems between voters and politi
£52.00
Yale University Press Making Sense of Chaos
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£25.91
Random House USA Inc Seven Bad Ideas How Mainstream Economists Have
Book SynopsisFrom the former economics columnist for Harper’s and The New York Times, a bold indictment of some of our most accepted mainstream economic theories—why they’re wrong, and how they’ve been harming America and the world.Ideas have the power to change history. But what happens when they are bad? In a tour de force of economics, history, and analysis, Jeff Madrick shows how theories on austerity, inflation, and efficient markets have become unassailable mantras over recent years, to the detriment of the country as a whole. Working backwards from the Great Recession, Madrick pulls no punches as he reconsiders seven of the greatest false idols of modern economic theory, from Say’s Law to Milton Friedman, illustrating how these ideas have been damaging markets, infrastructure, and individual livelihoods for years. Trenchant, sweeping, and empirical, Seven Bad Ideas resoundingly disrupts the status quo of modern economic theory.
£12.34
Little Brown and Company Tarzan Economics Eight Principles for Pivoting
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£22.40
The University of Michigan Press Race Liberalism and Economics
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£31.24
The University of Michigan Press Governing Fortune
Book SynopsisProvides an introduction to the American gaming landscape. This book summarizes the legal framework supporting the gaming industry and reviews the costs and benefits of casinos by showing how tax base and job growth vary widely with site-specific factors. It offers both regional and sector comparisons of the gaming industry.Trade ReviewGoss and Morse provide an outstandingly sound economic understanding of the function and place of casinos in American society, including essential heretofore unavailable grounding in the legal issues that the book accomplishes remarkably effectively. Moreover, this wealth of economic and legal information is transmitted in an engaging and readable manner. Scholarly, thoughtfully collected and authoritative, the book is of interest to any learner of the gambling industry, including students, civic activists, legislators, and scholars. - Earl Grinols, Baylor University ""In this book, Morse and Goss make important contributions to our understanding of the negative outcomes of the expansion of gambling in America."" - Jon Bruning, Nebraska Attorney General
£85.50
The University of Michigan Press Altruistically Inclined
Book SynopsisThis title examines the implications of research in the natural sciences for two important scientific approaches to individual behaviour, the economic/rational choice and the sociological/anthropological.
£35.57
The University of Michigan Press Governing Fortune
Book SynopsisProvides an introduction to the American gaming landscape. This book summarizes the legal framework supporting the gaming industry and reviews the costs and benefits of casinos by showing how tax base and job growth vary widely with site-specific factors. It offers both regional and sector comparisons of the gaming industry.Trade ReviewGoss and Morse provide an outstandingly sound economic understanding of the function and place of casinos in American society, including essential heretofore unavailable grounding in the legal issues that the book accomplishes remarkably effectively. Moreover, this wealth of economic and legal information is transmitted in an engaging and readable manner. Scholarly, thoughtfully collected and authoritative, the book is of interest to any learner of the gambling industry, including students, civic activists, legislators, and scholars. - Earl Grinols, Baylor University ""In this book, Morse and Goss make important contributions to our understanding of the negative outcomes of the expansion of gambling in America."" - Jon Bruning, Nebraska Attorney General
£84.95
The University of Michigan Press The Tyranny of the Market
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£76.95
The University of Michigan Press Social Inequality
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£76.95
The University of Michigan Press Time Ignorance and Uncertainty in Economic Models
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£80.95
LUP - University of Michigan Press Social Science Knowledge and Economic Development
Book SynopsisSynthesizes various strands of social science research and thought, including evolution of thought about development in anthropology, sociology, political science, and growth economics
£80.95
The University of Michigan Press Economics in Real Time
Book Synopsis
£72.95
Knopf Doubleday Publishing Group Free and Equal
Book SynopsisImagine: You are designing a society, but you don't know who you'll be within it—rich or poor, man or woman, gay or straight. What would you want that society to look like? This is the revolutionary thought experiment proposed by the twentieth century's greatest political philosopher, John Rawls. As economist and philosopher Daniel Chandler argues in this hugely ambitious and exhilarating manifesto, it is by rediscovering Rawls that we can find a way out of the escalating crises that are devastating our world today.A vigorous case for adopting the liberal political framework laid out by John Rawls. . . . Chandler is a lucid and elegant writer, and there’s an earnest sense of excitement propelling his argument — a belief that Rawls’s framework for thinking through political issues offers a humane way out of the most intractable disputes.”—The New York Times Book ReviewIntellectually rigorous and full of hope.”
£25.60
DK Publishing (Dorling Kindersley) The Economics Book
Book Synopsis
£19.29
Random House USA Inc The Wealth of Nations
Book SynopsisFirst published in 1776, The Wealth of Nations is generally regarded as the foundation of contemporary economic thought. Adam Smith, a Scottish professor of moral philosophy, expounded the then-revolutionary doctrine of economic liberalism. The book’s importance was immediately recognized by Smith’s peers, and later economists have shown an unusual consensus in their admiration for his ideas. Combining economics, political theory, history, philosophy, and practical programs, Smith assumes that human self-interest is the basic psychological drive behind economics and that a natural order in the universe makes all the individual, self-interested strivings add up to the social good. His conclusion, that the best program is to leave the economic process alone and that government is useful only as an agent to preserve order and to perform routine functions, is now known as laissez-faire economics or noninterventionism. In noting for the first time the significance of the division of labor and by stating the hypothesis that a commodity’s value correlates to its labor input, Smith anticipated the writings of Karl Marx. Like Marx’s Das Capital and Machiavelli’s The Prince, his great book marked the dawning of a new historical epoch.
£24.70
Princeton University Press Markets Games and Strategic Behavior
Book SynopsisTrade Review“Charlie Holt has been at the very forefront in bringing experiments into the mainstream of economic research and, especially, in using experiments to teach economics. This book will give undergraduates or masters students a chance to learn from a pioneering experimenter and a master teacher.”—Alvin Roth, Stanford University “This is a great book for teaching undergraduates, covering a host of topics from which teachers can choose, and including experiments to do in class. Charles Holt, one of the pioneers of experimental economics, is a clear thinker and a great expositor. There are no competitors to this book.”—Guillaume R. Fréchette, New York University“Charles Holt is one of the founders of experimental economics and he has contributed to nearly every one of its subfields. This is an excellent book and there are no viable competing texts for undergraduate experimental economics.”—Charles Noussair, University of Arizona
£74.80
Pluto Press Debt or Democracy Public Money for Sustainability
Book SynopsisA clear case for the common ownership of money as a solution to the financial crisisTrade Review'Mary Mellor has a superb understanding of the nature of money; of the institutions that underpin our monetary system, and of the economic frameworks within which monetary systems operate' -- Ann Pettifor, analyst of the global financial system, author of Just Money: How Society Can Break the Despotic Power of Finance and Director of Policy Research in Macroeconomics (PRIME)'Demonstrates the need to change the way in which money is created, in order to stop the private sector undermining the public sector and enable a shift to an economy that is environmentally sustainable and socially just. Fresh, clear and incisive' -- Andrew Sayer, Professor of Social Theory and Political Economy at Lancaster University'Prospering without growth requires reclaiming the creation of money from private banks. Now that even the likes of the IMF and the Bank of England entertain the idea of public money, how money is to be made public is as important as ever. And Mary Mellor's book has the right answers' -- Giorgos Kallis, ICREA Professor, ICTA, Autonomous University of Barcelona and Leverhulme Visiting Professor, SOAS'An insightful and thought-provoking analysis. This book clearly shows why a monetary system based on debt inevitably leads to crisis' -- Ben Dyson, Positive Money'Original and thought-provoking ... This well-researched study will interest anyone wanting to understand our current economic problems in order to take further action' -- Peace News'Debt or Democracy will surely enhance her reputation as a radical socialist academic' -- Socialist Review'This book deserves to be widely read and deeply considered ... I heartily recommend this book' -- Peace NewsTable of ContentsIntroduction 1. The Privatisation of Money and the Politics of Austerity 2. Money for Sustainability, Sufficiency and Social Justice 3. Provisioning through Public Money 4. Misunderstanding Public Money: Four Myths and a Confusion 5. Janus-faced: The Central Bank 6. Understanding Public Money 7. Public Money: Beyond the Borders 8. Conclusion: Crisis and Change Bibliography Index
£16.14
