Economics Books

13817 products


  • ALevel Economics Year 1  2 Complete Revision

    Coordination Group Publications Ltd (CGP) ALevel Economics Year 1 2 Complete Revision

    10 in stock

    Book SynopsisAchieve the best grades in 2025 and 2026 with this all-in-one book from CGP - including study notes, examples and practice questions!We have all your A-Level Economics revision needs covered in one bumper book! This hefty and handsome tome covers Year 1 and Year 2 of the latest AQA, Edexcel A and OCR exam specifications. Inside, you'll find straightforward study notes explaining all the theory, plus plenty of helpful diagrams and examples. Warm-up questions and exam-style questions are included for every topic, and the book is rounded off with a section of in-depth advice on how to do well in the exams! What's more, we've thrown in a free Online Edition that lets you read the entire book on a PC, Mac or tablet.

    10 in stock

    £20.89

  • Adaptive Markets

    Princeton University Press Adaptive Markets

    5 in stock

    Book SynopsisTrade Review"Winner of the 2018 PROSE Award for Excellence in Social Sciences, Association of American Publishers""Winner of the 2018 PROSE Award for Business, Finance & Management, Association of American Publishers""Finalist for the 2017 TIAA Paul A. Samuelson Award, TIAA Institute""Shortlisted for the 2017 Financial Times and McKinsey Business Book of the Year Award""One of the CNBC 13 Best Business Books of 2017""One of Foreign Affairs Best of Books 2017 – Economic, Social, and Environment / Finance""One of The New York Times Deal Book “Business Books Worth Reading” 2017 (chosen by Andrew Sorkin)""One of Exame’s “9 books that will help you get rich in 2018”""One of MoneyWeek’s “Five of the best books of 2017” (chosen by Dr. Matthew Partridge)""One of The Wall Street Journal’s What Business Leaders Read in 2017""One of the Microsoft Best Business Books of 2017""One of Financial Times (FT.com) Best Books of 2017: Economics""One of Bloomberg’s Best Books of 2017, chosen by Vitor Constancio""One of Bloomberg’s Best Books of 2017, chosen by Robert Shiller""[Adaptive Markets] is very well written, striking a right balance between education and teaching."---Mathis Mörke, Markets and Portfolio Management"[Adaptive Markets] delivers an important contribution to the ongoing discussion about the EMH in a very entertaining way."---Christoph Kaserer, Journal of Economics

    5 in stock

    £18.04

  • The Invisible Hand

    Penguin Books Ltd The Invisible Hand

    3 in stock

    Book SynopsisAdam Smith's landmark treatise on the free market paved the way for modern capitalism, arguing that competition is the engine of a productive society, and that self-interest will eventually come to enrich the whole community, as if by an invisible hand'. Throughout history, some books have changed the world. They have transformed the way we see ourselves and each other. They have inspired debate, dissent, war and revolution. They have enlightened, outraged, provoked and comforted. They have enriched lives and destroyed them. Now Penguin brings you the works of the great thinkers, pioneers, radicals and visionaries whose ideas shook civilization and helped make us who we are.

    3 in stock

    £7.59

  • Globalization A Very Short Introduction Very

    Oxford University Press Globalization A Very Short Introduction Very

    4 in stock

    Book SynopsisVery Short Introductions: Brilliant, Sharp, Inspiring We live today in an interconnected world in which ordinary people can became instant online celebrities to millions of fans thousands of miles away, in which religious leaders can influence billions globally, in which humans are altering the climate and environment, in which new infectious diseases spread across continents at lightning speed, and in which complex social forces are increasingly impacted by digital technology. This is globalization.In the sixth edition of his bestselling Very Short Introduction, Manfred B. Steger offers concise definitions of pertinent key terms and concepts. He provides an accessible overview of the long history of globalization followed by an examination of its major dimensions: economic, political, cultural, ideological, and ecological. He also engages the hotly contested question of whether it is, ultimately, a good or a bad thing. From climate change to the COVID-19 pandemic, resurgent nationalism to global social media, trade wars to China''s growing global profile, Russia''s expansionism to renewed fears of nuclear conflicts, he explores today''s unprecedented levels of planetary integration and disruption. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.Table of ContentsList of illustrationsList of mapsList of figuresList of abbreviationsPreface to the sixth edition 1: What is globalization? 2: Globalization in history 3: The economic & technological dimensions of globalization 4: The political dimension of globalization 5: The cultural dimension of globalization 6: The ecological dimension of globalization 7: Ideological confrontations over globalization 8: Present and future trendsReferences and further readingIndex

    4 in stock

    £9.49

  • Ecommerce Reimagined: Retail and Ecommerce in

    Springer Verlag, Singapore Ecommerce Reimagined: Retail and Ecommerce in

    Out of stock

    Book SynopsisThis book offers a practical guide to Chinese ecommerce markets for businesspeople and scholars. China represents a $5.6 trillion retail market, with the highest ecommerce penetration rate in the world. Due to the COVID-19 pandemic, brands are investing more in growing online sales. Written from the heart of the world’s largest e-commerce platform, Ecommerce Reimagined: Retail and Ecommerce in China is a book that aims to satisfy the growing need of entrepreneurs and businesses hoping to tap into China’s market and provide context to students and academics who post an interest in learning about how ecommerce has shaped the Chinese retail space.Table of Contents1. Setting the Scene.- 2. Frameworks and concepts.- 3. Emerging trends.- 4. Application.

    Out of stock

    £999.99

  • The Economics of European Integration 7e

    McGraw-Hill The Economics of European Integration 7e

    10 in stock

    Book SynopsisThe seventh edition of The Economics of European Integration provides students with an accessible presentation of the facts, theories and controversies that are driving rapid change at the heart of Europe. This new edition covers crucial updates on the impact of Brexit and Covid-19 and offers an expert analysis of the contemporary status of integration within the European Union.Key Features and Updates•Wide range of learning features including boxed examples and illustrations, end of chapter summaries, self-assessment questions and essay questions.•Fully updated to include new discussions and examples such as the new budget which has significant implications on European bonds, immigration, and climate change.•Two new chapters highlighting the impact of both Brexit and Covid-19 on the EU.•An Online Learning Centre with Lecture Outlines, PowerPoint Presentations, and an Image Library.Richard Baldwin is Professor of International Economics at the Graduate Institute, Geneva, having been a visiting professor at Oxford and MIT. He is Editor-in-Chief and founder of VoxEU.org since 2007 and he advises governments around the world on globalisation and integration issues having served in the Bush (Sr) White House in 1990-91. Charles Wyplosz is Professor Emeritus of International Economics at the Graduate Institute in Geneva where he also served as Director of the International Centre for Money and Banking Studies. He is a Fellow of CEPR and of the European Economic Association, as well as a Founding Managing Editor of the Economic Policy journal.Table of ContentsPart 1: History, Facts and InstitutionsHistoryFacts, Law and InstitutionsDecision MakingPart 2: The Microeconomics of European Integration4Essential microeconomic background5Preferential liberalisation6Scale economies and competition7Growth8Labour markets and migrationPart 3: EU Micro Policies9Common Agricultural Policy10Location effects and regional policy11Competition policy and state aids12EU trade and climate policyPart 4: The Macroeconomics of Monetary Integration13Essential macroeconomic tools14Optimum currency areasPart 5: EU Monetary and Fiscal Policies15The European monetary union16Fiscal policy and the Stability Pact17The financial markets and the euro18The Eurozone in crisisOnline Chapters 19Economics for Covid-1920Brexit: Problems and Prospects21The history of European monetary integration

    10 in stock

    £55.09

  • The Everything Store Jeff Bezos and the Age of

    Transworld Publishers Ltd The Everything Store Jeff Bezos and the Age of

    3 in stock

    Book SynopsisBrad Stone is senior executive editor of global technology at Bloomberg News and the author of the New York Times bestseller The Everything Store: Jeff Bezos and the Age of Amazon, which won the Financial Times and Goldman Sachs Business Book of the Year Award in 2013. He has covered Silicon Valley for more than fifteen years and lives in San Francisco.Trade ReviewA masterclass in deeply researched investigative financial journalism ... riveting -- Tim Waterstone * The Times *Stone has done a remarkable job in a way that Bezos would appreciate – by working very hard. -- John Gapper * Financial Times *Engrossing... Stone's long tenure covering both Bezos and Amazon... gives his retelling a sureness that keeps the story moving swiftly * New York Times *The definitive biography of the company that changed the way we shop and read... A masterclass in investigative journalism * Mail on Sunday *Scrupulously researched... If only all business books were as readable as this one -- Ian King * The Times Books of the Year *I highly recommend this book. Amazon is one of the most important companies in the 21st-century economy, and anyone whose business has been or will be touched by Amazon should be sure to read it. -- Tim O'ReillyJeff Bezos is one of the most visionary, focused, and tenacious innovators of our era, and like Steve Jobs he transforms and invents industries. Brad Stone captures his passion and brilliance in this well-reported and compelling narrative. -- Walter Isaacson, author of Steve Jobs: the Exclusive BiographyThe meticulously reported book has plenty of gems for anyone who cares about Amazon, Jeff Bezos, entrepreneurship, leadership just the lunacy it took to build a company in less than two decades that now employs almost 90,000 people and sold $61 billion worth of, well, almost everything last year. * Washington Post *The Everything Store is a revelatory read for everyone - those selling and those sold to - who wants to understand the dynamics of the new digital economy. If you've ever one-clicked a purchase, you must read this book. -- Steven Levy, author of Hackers and In the PlexStone's tale of the birth, near-death, and impressive revival of an iconic American company is well worth your time. -- Matthew Yglesias * Slate *

    3 in stock

    £11.69

  • Butler to the World: How Britain became the

    Profile Books Ltd Butler to the World: How Britain became the

    4 in stock

    Book SynopsisWith a new introduction on the Ukraine crisis LONGLISTED FOR THE FINANCIAL TIMES BUSINESS BOOK OF THE YEAR 2022 A TIMES AND SUNDAY TIMES BUSINESS BOOK OF THE YEAR 2022 A DAILY MAIL BEST CURRENT AFFAIRS BOOK OF 2022 A DAILY MIRROR BEST NON-FICTION BOOK OF 2022 A SPECTATOR BOOK OF THE YEAR 2022 PRESENTER OF THE BBC RADIO 4 SERIES 'HOW TO STEAL A TRILLION' A WATERSTONES BEST POLITICS BOOK OF THE YEAR 2022 AN IRISH TIMES NON-FICTION BOOK OF THE YEAR 2022 A MANAGEMENT TODAY BEST LEADERSHIP BOOK OF 2022 How did Britain become the servant of the world's most powerful and corrupt men? From accepting multi-million pound tips from Russian oligarchs, to the offshore tax havens, meet Butler Britain... In his Sunday Times-bestselling expose, Oliver Bullough reveals how the UK took up its position at the elbow of the worst people on Earth: the oligarchs, kleptocrats and gangsters. Though the UK prides itself on values of fair play and the rule of law, few countries do more to frustrate global anti-corruption efforts. From the murky origins of tax havens and gambling centres in the British Virgin Islands and Gibraltar to the influence of oligarchs in the British establishment, Butler to the World is the story of how we became a nation of Jeeveses - and how it doesn't have to be this way.Trade ReviewBUSINESS BOOK OF THE YEAR 2022 * The Times *Brilliant -- Marina Hyde * Guardian *A really engrossing and enraging read -- Ian RankinBullough's angry, fascinating study of corruption and power in modern-day geopolitics has the pace of an airport thriller and the righteous zeal of a prosecuting barrister * Observer *A very, very good book -- Ian HislopTerrific ... pulled by a current of Tory indolence, Britain flounders in a sea of dirty money -- Nick Cohen * Observer *Razor-sharp * FT *Could a book ever be more timely? ... Highly readable * The Times *Bullough's highly readable account of the UK's role in facilitating global financial wrongdoing is a call to action * Daily Mail *Unmissable -- Tim Adams * Guardian *A terrifyingly good book -- Alastair CampbellShockingly timely ... excellent * Mail on Sunday *Grimly fascinating ... remarkable -- Dominic Sandbrook * Sunday Times *Bullough is cynical, and his findings make depressing reading... but he's right that the whole system is built to facilitate the crooks, and takes the rest of us for mugs * Spectator *Uncommonly timely * Herald *What's most apt about Bullough's butler analogy is the appearance of gray-flannel propriety, and the ways it can impart an aura of respectability to even the most disreputable fortune. -- 'Best Books of 2022: Nonfiction' * New Yorker *[A] Phenomenal book -- Liam Byrne MPBullough charts in jaw-dropping detail how our deregulated financial sector helps dodgy plutocrats squirrel away their fortunes * Daily Express *Highly readable... deserve[s] praise for going beyond moralising and pointing out how an industry geared to enabling the corrupt is not just unsavoury but can hurt a country's real economic prospects' -- Martin Sandbu * FT *It is hard to imagine a more timely book ... Butler to the World is both a brilliant and depressing blast at decades of malign financial cosiness and the politicians who let it happen ... It takes guts to write and publish a book like this ... Bullough doesn't sit back and drily condemn all this financial skulduggery, he goes to meet the people who helped create the conditions that allowed it to happen -- Robert Verkaik * Guardian *An urgent account of Britain's history of welcoming corrupt capital ... Mr Bullough argues compellingly that though more anti-corruption funds and tougher enforcement are welcome, what is really needed is a change of philosophy: for principles to take precedence over the profits of a few * The Economist *Butler to the World's main message - that Britain needs to clean up its act not just for its own good but for that of the world - rings all the louder because of current geopolitics ... it's a damning judgement, but one that Bullough ... is well-positioned to give -- Rory Sullivan * Independent *Urgent and deeply reported * New Statesman 'Best Books of 2022 so far' *Jaw-dropping ... Bullough has a gift for making complex financial information comprehensible and strives to leaven this depressing story with jokes and deft character sketches ... timely -- Charlotte Heathcote * Daily Mirror *Bullough does a great line in deft sketches of personalities -- Eric Rauchway, Distinguished Professor of History at the University of California * TLS *An essential exposé ... the pages reek of dirty money linked to Britain that Bullough has a nose for sniffing out ... impressive, pacy journalism that will leave you flabbergasted * Irish Sunday Independent *The term 'timely' is used all too often in the media, but there really isn't a more timely book than Oliver Bullough's Butler to the World ... If you like books where you learn a lot - which we certainly do - then we commend it to you wholeheartedly. * The Fence *Butler to the World helpfully freeze-frames ... an embarrassing state of affairs, with few signs of Britain's unprincipled eagerness diminishing ... why is the county's politico-financial elite, so convinced of Britain's brand values of honesty and trustworthiness, so open to helping find comfortable homes for the tainted wealth of oligarch, gangster and kleptocrat? * Strong Words *A horribly brilliant account of just how much historical integrity Britain has sacrificed at the altar of dirty money. Bullough is a compelling and expert guide to the newly-dug sewers flowing through the heart of our political, legal and financial establishment -- James O'Brien, author * How Not to be Wrong *This is an absolute must-read for everyone who wants to understand Britain's crucial role in the global dirty money crisis. British institutions, our laws, our people and our failure to police effectively means - as Bullough demonstrates - that we are the servants to kleptocrats, money launderers and serious criminals. With the brilliant concept of Britain as the butler, Bullough lifts the lid and explains in a very clear and intelligible way why and how Britain is facilitating illicit finance across the world. The narrative is gripping, the analysis original and powerful and the detailed examples terrifying. This book will provide a powerful contribution to the important debate on the UK and dirty money -- Margaret Hodge, MP and chair of the Public Accounts CommitteeOliver Bullough unsparingly reveals the devastating facts behind Britain's dirty financial secrets and moral guilt while directly challenging the UK to clean up its act. This book is a must-read for those who care about our reputation in the world today -- Andrew Mitchell MP, former British international development ministerUrgent and essential reading. From grasping bankers to opportunistic lawyers and feckless MPs, unable and unwilling to withstand the schemes of the global rich, Oliver Bullough has drilled down to the root of the malaise that's rotting the UK system. Beautifully written with quiet despairing humour, this is the defining story of our times -- Catherine Belton * Putin’s People *Not only a witty and well researched economic history of Britain's role as financial Butler to the world, this is also a savage analysis of Britain's soul. As essential as Orwell at his best -- Peter Pomerantsev * This Is Not Propaganda *If like me you've ever wondered what all those university graduate schemes were ultimately about, Bullough outlines it here... Timely and revealing -- Lucy Prebble, writer and executive producer * Succession *Riveting from cover to cover; a jaw-dropping and damning account that will make you sit up and re-evaluate what you think about the City, the UK and global finance -- Peter Frankopan, author * The Silk Roads *Anyone who cares about the future of this country should read this sizzlingly written and incendiary story of our national decline. For more than 60 years our financial system has been corroded by greed - and has in turn corrupted our politics. This book blows apart Britain's image for gentlemanly respectability and lays bare the real picture: ruthless greed disguised by hypocrisy, and tolerated because of wilful ignorance -- Edward Lucas, author * The New Cold War: How the Kremlin Menaces Both Russia and the West *The shocking revelation of how the old heart of an unscrupulous empire turned into a fawning servant to the global super-rich. The sooner more people realise this, the better -- Danny Dorling, author * Rule Britannia *

    4 in stock

    £10.44

  • Contemporary Marketing

    7 in stock

    £139.50

  • Little, Brown Book Group Follow the Money

    Book SynopsisHow do we reach a 'new economic normal' after Covid-19? The head of the IFS invites us to follow the money and find out . . .Trade ReviewThis book is the antidote to naivety that our political class needs. Anyone, in fact, who has strong views about how society should be run would benefit from reading it, because every political ambition costs money and as Johnson writes, "someone has to pay for all this"... The story he tells may leave you reeling... Johnson's buoyant yet acerbic style will keep you engaged. The sobering realities he lays out are peppered with entertaining asides * Book of the Week, Sunday Times *So gripping and horrifying that it should probably come with a trigger warning: readers may find the content concerning the state of their country's governance upsetting... Given its subject matter, the book is a surprisingly easy read. That's thanks to Johnson's clear, witty prose. Few other writers could produce such a palatable explanation of the system of local government finance or make their readers guffaw over the details of VAT collection... This is a brilliant book. Buy it, read it and weep * The Times *Erudite and informative * New Statesman *A treasure trove of killer facts * Guardian *Follow the Money is essential reading * Tortoise Media *Read it, absorb it, and understand how the country works. Johnson uses his talent for crunching the complex into the comprehensible to produce a cheerfully skeptical guide to the British state, revealing it's wisdom and idiocy, and where our money really goes. * Laura Kuenssberg *This is an important book by the economist who has set the terms of so much political debate over the past decade. If you want to understand why crazy politics routinely trumps economic rationality in government choices, read this. * Robert Peston *Paul Johnson - the oracle of fiscal - has provided the perfect guide through this dense thicket of fiscal facts and fictions, both explaining the hard choices we now face and why, as citizens, it matters that we understand and act wisely when making them * Andy Haldane *Fire and passion, combined with the facts. Every politician should get a copy, as the tales of short-sighted, election-fixated, cowardly decision-making are so depressing. And your way forward looks so blindingly sensible. * Polly Toynbee *Readable and entertaining... Johnson pulls no punches in his new book on the public finances which charts Government public policy failures * Municipal Journal *Readers interested in this subject could hardly hope for a better-qualified author... It should be compulsory reading for every MP and prospective government minister... packed full of interesting data and analysis... The real value of this book lies in the fact that Johnson does go far beyond the usual IFS mission, setting out his own agenda for the future * Literary Review *[A] powerful dissection of the stupidities of how we organise taxing and spending -- Will Hutton * Observer *Paul Johnson's sharp and thorough Follow the Money is based on an idea so clear that it's surprising nobody has thought of it before... an energetic and angry book, charged with a strong sense of frustration -- John Lanchester * London Review of Books *

    £11.04

  • We Have Never Been Woke

    Princeton University Press We Have Never Been Woke

    £15.29

  • Economics  MyLab Economics with Pearson eText

    Pearson Education Limited Economics MyLab Economics with Pearson eText

    4 in stock

    Book Synopsis

    4 in stock

    £73.61

  • Princeton University Press The Power of Hope How the Science of WellBeing Can Save Us from Despair

    1 in stock

    a huge range and FREE tracked UK delivery on ALL orders.

    1 in stock

    £19.80

  • The Art of Physics

    Bonnier Books Ltd The Art of Physics

    7 in stock

    a huge range and FREE tracked UK delivery on ALL orders.

    7 in stock

    £10.44

  • Alice and the Money Tree

    The Money Wonderland Alice and the Money Tree

    Book Synopsis

    £9.45

  • Environmental Economics An Introduction 2024

    McGraw-Hill Education Environmental Economics An Introduction 2024

    Book SynopsisThe 2024 Release from Martha & Barry Field, Environmental Economics: An Introduction is a comprehensive learning experience designed for students with limited to no economics background. This release has a brand-new print version, updated eBook, and an innovative integration of digital content via Connect for the first time ever, with SmartBook and a robust test bank.  Explore a wealth of new and revitalized material: updated data and content, cutting-edge exhibits reflecting current global issues and real-world applications, refreshed figures, tables, sources, and references. Engage with thought-provoking end-of-chapter discussion questions that encourage critical thinking and application of knowledge. Enhancements include a shift in focus from global warming to climate change, which takes a more prominent role throughout the text. The discussion of social and environmental justice topics has been significantly expanded, complemented by a comprehensive DEI review.  Th

    £58.49

  • Microeconomics EMEA Edition

    John Wiley & Sons Inc Microeconomics EMEA Edition

    7 in stock

    Book SynopsisTable of ContentsPart 1 Introduction to Microeconomics Chapter 1 Analyzing Economic Problems 1 Chapter 2 Demand and Supply Analysis 26 Appendix: Price Elasticity of Demand Along a Constant Elasticity Demand Curve 74 Part 2 Consumer Theory Chapter 3 Consumer Preferences and the Concept of Utility 75 Chapter 4 Consumer Choice 105 Appendix 1: The Mathematics of Consumer Choice 145 Appendix 2: The Time Value of Money 146 Chapter 5 The Theory of Demand 152 Part 3 Production and Cost Theory Chapter 6 Inputs and Production Functions 204 Appendix: The Elasticity of Substitution for a Cobb-Douglas Production Function 247 Chapter 7 Costs and Cost Minimization 249 Appendix: Advanced Topics in Cost Minimization 285 Chapter 8 Cost Curves 289 Appendix: Shephard’s Lemma and Duality 327 Part 4 Perfect Competition Chapter 9 Perfectly Competitive Markets 331 Appendix: Profit Maximization Implies Cost Minimization 388 Chapter 10 Competitive Markets: Applications 390 Part 5 Market Power Chapter 11 Monopoly and Monopsony 442 Chapter 12 Capturing Surplus 489 Part 6 Imperfect Competition and Strategic Behavior Chapter 13 Market Structure and Competition 532 Appendix: The Cournot Equilibrium and the Inverse Elasticity Pricing Rule 574 Chapter 14 Game Theory and Strategic Behavior 575 Part 7 Special Topics Chapter 15 Risk and Information 608 Chapter 16 General Equilibrium Theory 654 Appendix: Deriving the Demand and Supply Curves for General Equilibrium 698 Chapter 17 Externalities and Public Goods 703 Mathematical Appendix 739 Solutions to Selected Problems 759 Glossary 781 Index 789

    7 in stock

    £51.29

  • The New Economics: A Manifesto

    John Wiley and Sons Ltd The New Economics: A Manifesto

    2 in stock

    Book SynopsisIn 1517, Martin Luther nailed his 95 theses to the wall of Wittenberg church. He argued that the Church’s internally consistent but absurd doctrines had pickled into a dogmatic structure of untruth. It was time for a Reformation. Half a millennium later, Steve Keen argues that economics needs its own Reformation. In Debunking Economics, he eviscerated an intellectual church – neoclassical economics – that systematically ignores its own empirical untruths and logical fallacies, and yet is still mysteriously worshipped by its scholarly high priests. In this book, he presents his Reformation: a New Economics, which tackles serious issues that today's economic priesthood ignores, such as money, energy and ecological sustainability. It gives us hope that we can save our economies from collapse and the planet from ecological catastrophe. Performing this task with his usual panache and wit, Steve Keen’s new book is unmissable to anyone who has noticed that the economics Emperor is naked and would like him to put on some clothes.Trade ReviewOne of Martin Wolf's 'Best Books of 2021: Economics' in the Financial Times“It is written not to interpret economics, but to change it.”Financial Times“In this punchy and passionate book, Steve Keen deftly unravels the fundamentals of neoclassical economics – and then starts to weave together the mindset, models and maths of an economics that actually works. For any student of economic modelling who wants to help create tools that are fit for the twenty-first century, this is the handbook and call to action you have been waiting for.”Kate Raworth, author of Doughnut Economics“This is a brilliant book. It deals with a crucial subject, and it does so with precision, wit and accessible prose.”Dissident VoiceTable of Contents1 Why this manifesto? 2 Money matters 3 Our complex world 4 Economics, energy and the environment 5 The Neoclassical disease 6 Conclusion: Be the change Notes References

    2 in stock

    £11.69

  • Global Economic History

    Oxford University Press Global Economic History

    1 in stock

    Book SynopsisWhy are some countries rich and others poor? In 1500, the income differences were small, but they have grown dramatically since Columbus reached America. Since then, the interplay between geography, globalization, technological change, and economic policy has determined the wealth and poverty of nations. The industrial revolution was Britain''s path breaking response to the challenge of globalization. Western Europe and North America joined Britain to form a club of rich nations by pursuing four polices-creating a national market by abolishing internal tariffs and investing in transportation, erecting an external tariff to protect their fledgling industries from British competition, banks to stabilize the currency and mobilize domestic savings for investment, and mass education to prepare people for industrial work. Together these countries pioneered new technologies that have made them ever richer. Before the Industrial Revolution, most of the world''s manufacturing was done in Asia, but industries from Casablanca to Canton were destroyed by western competition in the nineteenth century, and Asia was transformed into ''underdeveloped countries'' specializing in agriculture. The spread of economic development has been slow since modern technology was invented to fit the needs of rich countries and is ill adapted to the economic and geographical conditions of poor countries. A few countries - Japan, Soviet Russia, South Korea, Taiwan, and perhaps China - have, nonetheless, caught up with the West through creative responses to the technological challenge and with Big Push industrialization that has achieved rapid growth through investment coordination. Whether other countries can emulate the success of East Asia is a challenge for the future.ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.Table of Contents1. The great divergence; 2. The rise of the west; 3. The industrial revolution; 4. The ascent of the rich; 5. The great empires; 6. The Americas; 7. Africa; 8. The standard model and late industrialization; 9. Big push industrialization; Epilogue

    1 in stock

    £12.67

  • Princeton University Press Breaking the Mold Indias Untraveled Path to Prosperity

    15 in stock

    a huge range and FREE tracked UK delivery on ALL orders.

    15 in stock

    £18.00

  • We Have Never Been Woke  The Cultural

    Princeton University Press We Have Never Been Woke The Cultural

    Book Synopsis

    £27.00

  • Atlas of Finance

    Yale University Press Atlas of Finance

    15 in stock

    Book Synopsis

    15 in stock

    £30.00

  • Oxford IB Diploma Programme IB Economics Course

    Oxford University Press Oxford IB Diploma Programme IB Economics Course

    Book SynopsisThis comprehensive and engaging text, developed in cooperation with the IB, follows the new curriculum for first assessment in 2022. With accessible, engaging lessons students will actively relate economics to real-world issues and the global economy. The international examples and case studies encourage students to analyse economics in terms of present-day challenges and concerns. Conceptual links are provided to help students understand the over-arching big questions that relate economics to the multi-faceted challenges of the world economy including how it works and changes over time.Through inquiry-based tasks and links to TOK and ATL activities students will gain a deep understanding of economics. Practice activities will develops the skills required to succeed in the IB assessment including exam-style questions and data response questions. Clear explanations will help students achieve assessment success.

    £46.54

  • McGraw-Hill Education Economics 13e

    1 in stock

    Book SynopsisDiscover how the dynamic world of economics influences our daily lives, society, political decisions and environmental concerns. This thirteenth edition of Economics by David Begg, Gianluigi Vernasca, Eric Golson and Bridget Kauma, supports students understanding of economics by blending foundational principles with contemporary issues and applications.Covering the latest economic topics, such as the global implications of war, the effects of macro-inflation and the role of AI in the labour market this new edition provides a thorough and insightful exploration that fosters critical thinking and informed decision-making. Perfect for anyone looking to deepen their economic knowledge and apply it effectively.Key Features:âUp to date insights: Fully updated chapters, including new material on AI, the continued impact of COVID-19 on consumerâs confidence and expanded material on climate change.âEngaging pedagogy:  Across each chapter, theory is met with topical case studies, boxes on economic concepts and activity applications, showcasing the relevance and application of the material.âFlexible learning: Economics is written with the reader in mind to allows students to learn at their own pace. End of chapter questions are graded by difficulty and math boxes are optional for technical ability to be scaffolded.âExpert authors: Written by renowned economists with extensive experience in academia and practice.âDigital material: A wealth of online resources including adaptive learning technology, application-based activities, graphing and maths prep, question banks and a full suite of instructor resources.David Begg is Emeritus Professor of Economics at Imperial College London, and former Principle of the Business School. He is a fellow of the Royal Society of Edinburgh, a fellow of the City and Guilds of London Institute and senior independent director of IP Group, which invests in technology start-ups from leading universities in the UK, the US, and Australasia.Gianluigi Vernasca is Professor of Economics at the University of Essex. Since October 2013 he has also been Director of Education in the Department of Economics. He is Senior Fellow of the Higher Education Academy and has taught economics at both undergraduate and postgraduate levels in various institutions.Eric Golson is an Associate Professor of Economics at the University of Surrey, specializing in economic warfare and international political economy. His research includes trade warfare, economic sanctions, and military spending. An award-winning educator and advocate for diversity, he has published extensively and holds degrees from the London School of Economics and the University of Chicago.Bridget Kauma is a Lecturer in Economics at the University of Sussex, where is also the Course Director for the BA Economics. Bridget is a fellow of the Higher Education Academy and teaches Economics at both the undergraduate and postgraduate levels. She received her PhD from the University of Sussex in 2022. Her research interests are in international trade with a particular emphasis on the intersection between productivity and labour markets. Prior to joining the academia Bridget worked as Chief Trade Officer in the Ministry of Trade in Malawi.

    1 in stock

    £58.49

  • Cambridge International AS  A Level Economics

    Cambridge University Press Cambridge International AS A Level Economics

    2 in stock

    Book SynopsisThis series supports teachers and learners of Cambridge International AS & A Level Economics (9708). Introduce your learners to the world of economics with the fourth edition of our Cambridge International AS & A Level Economics series. Featuring a coursebook with digital access, digital coursebook, workbook with digital access and digital teacher''s resource, your students will gain a clear understanding of how economics operates on an international scale, while developing key skills, such as analysis and evaluation.

    2 in stock

    £45.55

  • An Analysis of John Maynard Keyne's The General

    Macat International Limited An Analysis of John Maynard Keyne's The General

    1 in stock

    Book SynopsisJohn Maynard Keynes’s 1936 General Theory of Employment, Interest and Money is a perfect example of the global power of critical thinking. A radical reconsideration of some of the founding principles and accepted axioms of classical economics at the time, it provoked a revolution in economic thought and government economic policies across the world. Unsurprisingly, Keynes’s closely argued refutation of the then accepted grounds of economics employs all the key critical thinking skills: analysing and evaluating the old theories and their weaknesses; interpreting and clarifying his own fundamental terms and ideas; problem solving; and using creative thinking to go beyond the old economic theories. Perhaps above all, however, the General Theory is a masterclass in problem solving. Good problem solvers identify their problem, offer a methodology for solving it, and suggest solutions. For Keynes the problem was both real and theoretical: unemployment. A major issue for governments during the Great Depression, unemployment was also a problem for classical economics. In classical economics, theoretically, unemployment would always disappear. Keynes offered both an explanation of why this was not the case in practice, and a range of solutions that could be implemented through government monetary policy.Table of ContentsWays in to the Text Who was John Maynard-Keynes? What does The General Theory of Employment, Interest and Money Say? Why does The General Theory of Employment, Interest and Money Matter? Section 1: Influences Module 1: The Author and the Historical Context Module 2: Academic Context Module 3: The Problem Module 4: The Author's Contribution Section 2: Ideas Module 5: Main Ideas Module 6: Secondary Ideas Module 7: Achievement Module 8: Place in the Author's Work Section 3: Impact Module 9: The First Responses Module 10: The Evolving Debate Module 11: Impact and Influence Today Module 12: Where Next? Glossary of Terms People Mentioned in the Text Works Cited

    1 in stock

    £8.58

  • The Measure of Progress

    Princeton University Press The Measure of Progress

    Book Synopsis

    £22.50

  • Microeconomics and Behaviour 4e

    McGraw-Hill Education Microeconomics and Behaviour 4e

    2 in stock

    Book SynopsisThe fourth European edition of Microeconomics and Behaviour builds on its core analytical foundations, and embeds them in accessible and engaging real-world examples to demonstrate the relationship between economic thinking and analysis and human behaviour.By blending theory with practical application, students are encouraged to think like economists and critically assess the technical tools of microeconomics and to find more interesting and innovative ways of applying them and develop a lasting interest in the discipline.Key Featuresâ Fully updated chapters, with new and expanded material on the economics of happiness, halo and decoy effects, price discrimination, the gig economy and self-employment, and partial versus general equilibrium.â Extensive pedagogical features including worked examples, key terms and definitions, in-chapter exercises, chapter summaries, and review questions to enhance understanding and retentionâ Economic Naturalist examples illustrate how economic principles can explain everyday experiences and observations .New examples include: âœWhy does an efficient health service not do everything to keep people alive?â, âœWhy did Taylor Swift fans not sell their tickets for The Eras Tour?â and âœWhy do most cryptocurrencies fail within a few years?âConnect® ResourcesAvailable on McGraw Hillâs Connect®, the well-established online learning platform, which features our award-winning adaptive reading experience as well as resources to help faculty and institutions improve student outcomes and course delivery efficiency. To learn more, visit mheducation.co.uk/connect Key Connect® features for this edition include:â Economic Application Based Activities that provide students with valuable practice, using problem solving skills to apply their knowledge to realistic scenarios. Studentsâ progress from understanding basic concepts to using their knowledge to analyse complex scenarios and solve problems.â Economic Naturalist graphing questions which have been developed to complement this key pedagogical feature from the textbook.â Interactive Graphs that help students see the relevance of the subject matter by providing visual displays of real data for students to manipulate. All graphs are accompanied by assignable assessment questions and feedback for students.Edward J. Cartwright is a Professor of Economics at De Montfort University in the UK. He is also Director of the Institute for Applied Economics and Social Value. One of his passions is the use of interactive classroom experiments in economics teaching. His research has focused primarily on cooperation and coordination in economic and social behaviour.Robert H. Frank is the Henrietta Johnson Louis Professor of Management and Professor of Economics at the Johnson Graduate School of Management at Cornell University, USA. He is also a Distinguished Senior fellow at Demos, USA. For more than a decade his âEconomic Viewâ column appeared monthly in the New York Times. His research has focused on rivalry and cooperation in economic and social behaviour.This European edition is originally based on the Microeconomics and Behavior text by Robert Frank.

    2 in stock

    £59.39

  • Economics

    Oxford University Press Economics

    15 in stock

    Book SynopsisEconomics has the capacity to offer us deep insights into some of the most formidable problems of life, and offer solutions to them too. Combining a global approach with examples from everyday life, Partha Dasgupta reveals the connections between economics, politics, and development, and shows how these interactions create the world we live in today.Trade ReviewAn excellent introduction... presents mathematical and statistical findings in straightforward prose. * Financial Times *I wish more people would read Dasgupta's book, and I wish more economists would write variations on its theme. It is a model specimen. * www.economicprincipals.com *The text is direct, rigorous and thought-provoking. It provides an intelligent, rigorous and readable introduction to economics. * London Book Review.com *Table of ContentsPreface ; Prologue ; 1. Macroeconomic History ; 2. Trust ; 3. Communities ; 4. Markets ; 5. Science and Technology as Institutions ; 6. Households and Firms ; 7. Sustainable Economic Development ; 8. Social Well-Being and Democratic Government ; Epilogue ; Further Reading

    15 in stock

    £9.49

  • Prosperity

    Oxford University Press Prosperity

    5 in stock

    Book SynopsisDoes business just exist to maximise shareholder profit? The belief it does has had disastrous consequences for our economies, environment, politics, and societies, argues Colin Mayer. In an urgent call for reform, he sets out an agenda to remake the corporation into a powerful force for promoting economic and social wellbeing in its fullest sense.Trade ReviewMayer of the Saïd Business School at Oxford is one of the world's foremost critics of the idea that the aim of companies is to maximise shareholder value. This, he argues cogently, represents a betrayal of one of humanity's most extraordinary inventions. * Martin Wolf, Books of the Year 2018, The Financial Times *[A] remarkable and radical new book. * Martin Wolf, The Financial Times *Mayer's manifesto recasts the company's place in society. * Andrew Edgecliffe-Johnson, the Financial Times04/01/2019 *His [Colin Mayer's] book is a resounding paean and radical road map towards a bright future for the corporation and capitalism. * Andrew Hill, The Financial Times *The book is far more than a manifesto for change ... Mayer's book performs a great service. * Richard Bronk, the Society of Professional Economists, Reading Room (open access) *Excellent ... a vitally important subject and it's a really well-written book. * Diane Coyle, The Enlightened Economist *A book that will transform the attitudes and perspectives of corporations. * Robert L. Brown, Juriste International *A powerful reply to the steadily increasing criticism of free market business... So far, the defenders of capitalism have failed to find a convincing voice or to offer any significant ways to improve how business is perceived. Now Colin Mayer provides answers and a coherent manifesto for change. * Peter Chadwick, IEDP Book Reviews *Our world does not have long for business to escape its 40 year-long capture by the Chicago school. This book is an historic milestone in economic theory because it marks the final nail in Milton Friedman's intellectual coffin. It does this by illuminating a pragmatic pathway for business and policy makers to follow, to escape an anachronistic orthodoxy that is killing our beautiful planet and our precious communities. They must study it closely and then move fast, so that we all - and those who come after us - might avoid calamity and, instead, prosper. * James Perry, Chairman of Cook *Here is the case for reinventing the corporation so that it serves human well-being. Colin Mayer shows both why an exclusive focus on shareholder value is damaging, and how purposeful changes could support trustworthy corporations that combine social and business benefits. * Baroness Onora O'Neill of Bengarve, Emeritus Professor of Philosophy, University of Cambridge *In his humane and readable book, Colin Mayer makes a compelling case for a new concept of the corporation, and the need to treat corporate purpose as far more than shareholder value. In showing how restoring trust is key to a true future prosperity, it will reframe much of our thinking on this central subject. * The Hon. Mr Justice William Blair, High Court Judge of England and Wales. *A wonderful manifesto for change and essential reading for any who remain to be convinced that business can - and should - be a force for a societal good. One of the most insightful and comprehensive accounts yet of how - and why - the corporation needs to change if it is to meet the needs and expectations of a new era. Thoughtful and well-argued, Mayer has done the cause of enlightened capitalism great service. * Paul Polman, CEO, Unilever *Rarely in the history of economics and law does a person observe the current state of the world, recognize its deficiencies, and put forth a policy and paradigm that is destined to change the world. John Maynard Keynes in the twenties and thirties and now Colin Mayer are prime examples. This book is destined to be the "bible" of the Mayer-Paradigm of corporate governance and the template for the policy changes that are necessary to implement it. * Martin Lipton, Senior Partner Wachtell, Lipton, Rosen & Katz *Businesses have a duty to do well by stakeholders as well as shareholders. How did too many corporations lose their sense of purpose? What is the right path to build responsible, sustainable relationships with society? This insight-rich book offers a comprehensive guide for restoring trust between companies, consumers, and communities. Professor Mayer makes a compelling argument that the purpose and values of modern corporations have been diluted and it will take the work of executives, legislators, regulators, bankers, investors, and even shareholders to fix. * Dominic Barton, Global Managing Partner Emeritus, McKinsey & Company *The financial crisis and its aftermath called for answers - questions were raised instead. Our corporate and political environments have been severely shaken for more than a decade. We have to find new approaches and look for better answers to bring our social market economies into balance. Colin Mayer relentlessly challenges conventional wisdom, combining diverse academic fields and bringing business to meet academia. Prosperity is building on a wealth of research looking at the broader picture and its many corners to seek appropriate answers to the challenges of our world. Is 'purpose first, prosperity follows' the answer? * Daniela Weber-Rey, non-executive director of HSBC Trinkaus & Burkhardt and Fnac-Darty *Colin Mayer has elevated the conversation about business and society. Bold enough to reimagine an economic system, specific enough to drive action, Prosperity introduces the higher-order thinking necessary to build a more Inclusive Capitalism. * Lynn Forester de Rothschild, CEO of E.L. Rothschild and the Coalition for Inclusive Capitalism *With characteristic courage and purposeful passion, Mayer challenges the status quo as to who corporations serve and benefit. Prosperity presents a paradigm shift, revealing tomorrow's corporation today. It marks the start of a new age of enlightenment, which will stimulate the sensibilities of all who care about the role of business in society. * Guy Jubb, former Global Head of Governance and Stewardship, Standard Life Investments *This is a timely and highly insightful treatise on the urgent need to revisit today's misguided and simplistic views on the purpose of the corporation. It is a significant contribution addressing the growing economic and social challenges confronting us today. * Cyrus Ardelan, Chairman, Citigroup Global Markets Ltd *Prosperity makes a limpidly clear and convincing case for an urgent re-think of the role of business in society. The fifty years since Friedman gave the doctrine of 'shareholder value' totemic significance have seen the interests of proprietors, governments and communities diverge. This has produced unacceptable inequalities in outcomes and shocking destruction of the environment. The arguments Colin makes for radical reform of the role of the corporation in society are compelling, and rooted in common sense and fairness. I hope that many others involved in defining the purpose of their businesses learn as much from Prosperity as I have. * Peter Norris, Chairman of Virgin Group *One of the most pressing questions facing the world today is 'What is the role of the corporation in society?' Thanks to Professor Colin Mayer we now have a definitive answer: the corporation's role is to fulfill its purpose. In an intellectual and very readable tour de force, Professor Mayer brings to bear an astonishing range of academic disciplines to present a very practical framework for how company's need to be managed today. For their own sake and the sake of us all. * Robert Eccles, Founding Chairman of the Sustainability Accounting Standards Board and Professor of Management Practice, University of Oxford *Table of ContentsPart I: Principles 1: Purpose 2: ValuesPart II: Provenance 3: Evolution 4: OwnershipPart III: Practice 5: Governance 6: PerformancePart IV: Policy 7: Law 8: RegulationPart V: Partnership 9: Finance 10: Investment

    5 in stock

    £17.99

  • University of Chicago Press The Economic Approach Unpublished Writings of Gary S. Becker

    7 in stock

    a huge range and FREE tracked UK delivery on ALL orders.

    7 in stock

    £22.80

  • How Boards Work

    Little, Brown Book Group How Boards Work

    7 in stock

    Book Synopsis''Highly instructive . . . provides thoughtful analysis'' Financial Times''Exactly what any prospective-or sitting-board member needs'' Arianna Huffington''A must read . . . highly engaging . . . an indispensable guide to how boards function, malfunction, and, most importantly, should operate better'' Mohamed A. El-ErianCorporate boards are under great pressure. Scandals and malpractice at companies like GE, Theranos and WeWork have raised justified questions among regulators, shareholders, and the public about the quality of corporate governance. Boards face ever-louder demands to weigh in on questions of climate change, racial and gender equity, data privacy, and other social issues that range far beyond their traditional mandate: choosing the CEO and endorsing corporate strategy.In HOW BOARDS WORK, prizewinning economist, veteran board director, and bestselling author Dambisa Moyo offers an insider''s view of corporate bTrade ReviewHow Boards Work is exactly what any prospective-or sitting-board member needs to understand the true rigors and realities of board life. Having seen it all, Dambisa Moyo offers valuable guidance on how boards can best focus their time and energy while grappling with social, governance, and environmental issues -- Arianna Huffington, Founder & CEO, Thrive Global, and former Uber board memberHow Boards Work offers a thorough and nuanced take on the ever-evolving role of corporate boards today. Dambisa Moyo provides a candid assessment of the challenges and opportunities that directors face and wisely warns of the dangers of stasis. The book is not only a must-read for the most tenured and experienced board members, but it also provides critical context to those who one day hope to have a seat at the table. CEOs and corporate leaders everywhere would also be wise to pick up this book -- Mellody Hobson, Co-CEO Ariel Investments; Chair of the Board of Directors, Starbucks; Board Member, JP Morgan; former Dreamworks board chair; and former Estee Lauder board memberThis highly engaging book will rightly attract those interested not just in good corporate governance but also the well-functioning of market-based economies. Drawing on her direct involvements on several boards of companies facing difficult decisions, as well as her global economic expertise, Dr Moyo has written an indispensable guide to how boards function, malfunction, and, most importantly, should operate better. In not shying away from arguing for more assertive boards to overcome costly corporate failures and malaise, she sets out an action-oriented agenda for improving governance - to deal better with long-standing challenges, including better globalization and management of our environment, and to meet mounting new ones in a post-pandemic world. Simply put, this is a must-read for those who realize that, anchored by a more diverse mindset and modernized governance structures, companies can and must play a more important role in helping society overcome too many years of low, unequal, and non-sustainable growth, as well as proliferating mistrust and spreading marginalization -- Mohamed A. El-Erian, President of Queens’ College, Cambridge University; Board Member, Under Armour; and author of THE ONLY GAME IN TOWN and WHEN MARKETS COLLIDEBoards have incredible power to impact how companies and their stakeholders meet the challenges of the modern age. But boards are complex and living organisms that require more than just getting smart people in a room. Dr. Moyo's book, informed by real-world experience in negotiating complex situations, should be a must-read for any board that wants to excel and have an impact today -- Dan Loeb, Founder & CEO, Thirdpoint, and former Sothebys board member

    7 in stock

    £11.69

  • The Econometrics of Individual Risk

    Princeton University Press The Econometrics of Individual Risk

    10 in stock

    Book SynopsisThe individual risks faced by banks, insurers, and marketers are less well understood than aggregate risks such as market-price changes. But the risks incurred or carried by individual people, companies, insurance policies, or credit agreements can be just as devastating as macroevents such as share-price fluctuations. A comprehensive introduction,Trade Review"I don't know of any other book with this orientation. It promises to fill a gap in both the econometric and finance literature."—Torben G. Andersen, Kellogg School of Management, Northwestern University"The Econometrics of Individual Risk gives a nice overview of a new area and manages to combine a good technical account with clarity. No other book to my knowledge has managed to fill this particular niche. It is well organized and well written, and the scholarship is excellent."—Kevin Dowd, Nottingham University Business School"This book is simply outstanding. Its approach is powerful yet practical, and many of its results and insights are original. The combination of analytical power and applied sense is very, very rare. And the financial events modeled in the book are important and common in applied financial contexts."—Francis X. Diebold, University of PennsylvaniaTable of ContentsPreface xi Chapter 1: Introduction 1 1.1 Market Risk and Individual Risk 1 1.2 Risk Variable 2 1.3 Scores 3 1.4 Organization of the Book 4 References 5 Chapter 2: Dichotomous Risk 7 2.1 Risk Prediction and Segmentation 7 2.1.1 Risk Prediction 8 2.1.2 Segmentation 11 2.2 Econometric Models 14 2.2.1 Discriminant Analysis 14 2.2.2 Dichotomous Qualitative Models 15 2.2.3 Comparison of Discriminant and Logit Models 18 2.3 Risk Heterogeneity 19 2.4 Concluding Remarks 20 2.5 Appendix: The Logistic Distribution 20 References 21 Chapter 3: Estimation 23 3.1 Estimation Methods 23 3.1.1 The Maximum Likelihood Approach 23 3.1.2 Maximum Likelihood Estimation of a Logit Model 25 3.1.3 Maximum Likelihood Estimation in Linear Discriminant Analysis 27 3.1.4 Test of the Linear Discriminant Hypothesis 28 3.2 Significance Tests 29 3.2.1 Likelihood-Based Testing Procedures 30 3.2.2 Application of the LM Test to the Logit Model 31 3.3 Implementation 32 3.3.1 Development of Score Methodology 33 3.3.2 Mortgage Score 35 3.4 Concluding Remarks 39 References 40 Chapter 4: Score Performance 43 4.1 Performance and Selection Curves 43 4.1.1 Definitions 43 4.1.2 Desirable Properties of a Score 46 4.1.3 Comparison of Scores 47 4.2 Discriminant Curves 49 4.2.1 Definitions 50 4.2.2 Linear Discriminant Analysis 52 4.3 Demand Monitoring, Credit Granting, and Scores 52 4.3.1 Time-Varying Quality of Credit Applicants 53 4.3.2 Analysis of Credit-Granting Decision 55 4.3.3 Performance Curves 58 4.4 Concluding Remarks 58 4.5 Appendix: Positive Dependence 59 References 60 Chapter 5: Count Data Models 61 5.1 Poisson Regression 62 5.1.1 The Model 62 5.1.2 Maximum Likelihood Estimator 63 5.1.3 Relationship with the Dichotomous Qualitative Model 64 5.2 The Negative-Binomial Regression 64 5.2.1 Model with Gamma Heterogeneity 64 5.2.2 The Bonus-Malus Scheme 66 5.3 Semi-Parametric Analysis 69 5.3.1 Mean and Variance Estimators 70 5.3.2 Estimation of the Heterogeneity Distribution 71 5.3.3 Determination of the Premium 72 5.4 Applications 73 5.4.1 Car Insurance 73 5.4.2 Presentation of Results 77 5.5 Concluding Remarks 82 References 83 Chapter 6: Durations 85 6.1 Duration Distributions 86 6.1.1 Characterizations of a Duration Distribution 86 6.1.2 Duration Dependence 88 6.1.3 Basic Duration Distributions 89 6.2 Duration Models 92 6.2.1 The Exponential Regression Model 93 6.2.2 The Exponential Model with Gamma Heterogeneity 94 6.2.3 Heterogeneity and Negative Duration Dependence 95 6.3 Semi-Parametric Models 98 6.3.1 Accelerated Hazard Model 98 6.3.2 Proportional Hazard Model 99 6.4 Applications 100 6.4.1 Pension Fund 100 6.4.2 Interest Rate Spreads 101 6.4.3 Prepayment Analysis 103 6.5 Concluding Remarks 107 6.6 Appendix 109 6.6.1 Expected Residual Lifetime 109 6.6.2 Computation of the Premium Rate for the Pension Contract 110 References 111 Chapter 7: Endogenous Selection and Partial Observability 113 7.1 Analysis of Dichotomous Risks from a Stratified Sample 113 7.1.1 Description of the Population and the Sample 113 7.1.2 Exogenous Stratification 115 7.1.3 Endogenous Stratification 115 7.1.4 The Role of Stratified Samples 117 7.2 Truncation and Censoring in Duration Models 117 7.2.1 Censoring 117 7.2.2 Truncation 118 7.2.3 Competing Risks 119 7.3 Bias Correction Using Rejected Credit Applications 120 7.3.1 Selectivity Bias 120 7.3.2 Boundaries for Risk Prediction 121 7.3.3 A Bivariate Model for Bias Correction 122 7.4 Concluding Remarks 126 7.5 Appendix: First-Order Expansion of the C.D.F. of a Bivariate Normal Distribution 126 References 126 Chapter 8: Transition Models 129 8.1 Homogeneous Markov Chains 130 8.1.1 Distribution of the Markov Chain 130 8.1.2 Alternative Parametrizations of a Markov Chain 132 8.1.3 Two-State Space 134 8.1.4 Qualitative Representation of the Process 135 8.1.5 Estimation 136 8.2 Explanatory Variables 137 8.2.1 Specification of the Transition Probabilities 138 8.2.2 Specification of the Adjustment and Long-Run Parameters 138 8.2.3 Time-Dependent Markov Chain 139 8.3 Transitions between Score Categories 140 8.3.1 Revolving Consumer Credit 140 8.3.2 Corporate Rating Dynamics 143 8.4 Concluding Remarks 146 References 146 Chapter 9: Multiple Scores 149 9.1 Examples 150 9.1.1 Default Risk and Preselection 150 9.1.2 Term Structure of Default 151 9.1.3 Differentiated Incident Severity 152 9.1.4 Default and Prepayment 154 9.1.5 Default and Credit Promotion 156 9.1.6 Polytomous Logit Model 157 9.1.7 The Hypothesis of Irrelevant Alternatives 158 9.2 Profit- (Utility-) Optimizing Decisions 159 9.2.1 Promotional Mailing Decisions 159 9.2.2 Time-to-Default 161 9.2.3 Utility-Maximizing Behavior 162 9.3 Multi-Score Reduction Technique 163 9.3.1 Basic Notions 163 9.3.2 Singular Value Decomposition (SVD) 164 9.3.3 Statistical Inference 165 9.4 Household Portfolio Allocation 166 9.4.1 Description of the Data Set 166 9.4.2 Model Estimation 169 9.4.3 Reduction of the Number of Scores 176 9.5 Concluding Remarks 178 References 179 Chapter 10: Serial Dependence in Longitudinal Data 181 10.1 Poisson and Compound Poisson Processes 182 10.1.1 Poisson Process 182 10.1.2 Compound Poisson Process 184 10.1.3 From Discrete Time to Continuous Time 185 10.2 Models with Serial Dependence 186 10.2.1 Autoregressive Models 188 10.2.2 Time-Dependent Heterogeneity 192 10.3 Applications 195 10.3.1 Cost Sensitivity with Respect to Transitory Shocks 195 10.3.2 Learning in Revolving Credit 197 10.4 Concluding Remarks 205 10.5 Appendix: Distributions of the Duration and Count Variables 205 10.5.1 Distribution of the First Duration 205 10.5.2 Independence of Durations 206 10.5.3 Distribution of the Count Variable 206 References 206 Chapter 11: Management of Credit Risk 209 11.1 Measures of Risk and Capital Requirement 209 11.1.1 Value-at-Risk 210 11.1.2 Properties of a Risk Measure 212 11.2 Credit Portfolio 213 11.2.1 The P&L Distribution for a Credit Portfolio When the Horizon Is Equal To the Maturity 214 11.2.2 The P&L Distribution for a Credit Portfolio When the Horizon Is Shorter Than the Maturity 216 11.3 Corporate Bond Portfolio 223 11.3.1 Informational Content of Bond Prices 223 11.3.2 Default Correlation 224 11.3.3 Stochastic Transition Model 230 11.4 Concluding Remarks 235 References 235 Index 239

    10 in stock

    £40.50

  • How the World Became Rich: The Historical Origins

    John Wiley and Sons Ltd How the World Became Rich: The Historical Origins

    4 in stock

    Book SynopsisMost humans are significantly richer than their ancestors. Humanity gained nearly all of its wealth in the last two centuries. How did this come to pass? How did the world become rich? Mark Koyama and Jared Rubin dive into the many theories of why modern economic growth happened when and where it did. They discuss recently advanced theories rooted in geography, politics, culture, demography, and colonialism. Pieces of each of these theories help explain key events on the path to modern riches. Why did the Industrial Revolution begin in 18th-century Britain? Why did some European countries, the US, and Japan catch up in the 19th century? Why did it take until the late 20th and 21st centuries for other countries? Why have some still not caught up? Koyama and Rubin show that the past can provide a guide for how countries can escape poverty. There are certain prerequisites that all successful economies seem to have. But there is also no panacea. A society’s past and its institutions and culture play a key role in shaping how it may – or may not – develop.Trade Review"A vivid and crystal-clear summary of the very large body of research compiled in the past two decades on the most important question in economic history. Well informed, solidly anchored in historical facts and economic analysis, this book is a must for economics students."—Joel Mokyr, Northwestern University "In our current moment, when many are worried about the future of growth for the environment and the planet, this thought-provoking book by two leading scholars tells the story of how and why economic growth took off, and how it hugely raised living standards, but also increased inequality and misery on the way. This is a must-read for anybody worried about the future of growth and poverty on our planet."—Daron Acemoglu, MIT "[T]imely, consolidated, and refreshingly succinct.... It is likely to be a seminal text for years to come."—The Economic History ReviewTable of ContentsPreface 1 Why, When, and How Did the World Become Rich? 2 Did Some Societies Win the Geography Lottery? 3 Is it all Just Institutions? 4 Did Culture Make Some Rich and Others Poor? 5 Fewer Babies? 6 Was it Just a Matter of Colonization and Exploitation? 7 Why Did Northwestern Europe Become Rich First? 8 Britain’s Industrial Revolution 9 The Rise of the Modern Economy 10 Industrialization and the World it Created 11 The World is Rich Bibliography

    4 in stock

    £17.09

  • Krugmans Economics for the Apr Course

    Macmillan Higher Education Krugmans Economics for the Apr Course

    2 in stock

    Book SynopsisWritten specifically for AP students and teachers by AP Economics experts, Krugman?s Economics for the AP Course contains all the content, practice, and support you need to master the AP Economics skills and course.

    2 in stock

    £83.59

  • The Armchair Economist

    Simon & Schuster Ltd The Armchair Economist

    2 in stock

    Book SynopsisAir bags cause accidents, because well-protected drivers take more risks. This well-documented truth comes as a surprise to most people, but not to economists, who have learned to take seriously the proposition that people respond to incentives. In The Armchair Economist, Steven E. Landsburg shows how the laws of economics reveal themselves in everyday experience and illuminate the entire range of human behavior. Why does popcorn cost so much at the cinema? The ''obvious'' answer is that the owner has a monopoly, but if that were the whole story, there would also be a monopoly price to use the toilet. When a sudden frost destroys much of the Florida orange crop and prices skyrocket, journalists point to the ''obvious'' exercise of monopoly power. Economists see just the opposite: If growers had monopoly power, they''d have raised prices before the frost. Why don''t concert promoters raise ticket prices even when they are sure they will sell out months in advance? Why ar

    2 in stock

    £9.49

  • Introduction to Modern Economic Growth

    Princeton University Press Introduction to Modern Economic Growth

    Book SynopsisGives graduate student's tools to analyze growth and related macroeconomic problems, and also perspective needed to apply those tools to the big-picture questions of growth and divergence. In this title, the author introduces economic and mathematical foundations of modern growth theory and macroeconomics in a rigorous and easy to follow manner.Trade Review"It's hard not to be impressed by Acemoglu's mastery of the subject and for a handful of top graduate programs this is clearly the book for the next generation."--Tyler Cowen, Marginal Revolution "Beyond coursework, this is a book that should be compulsory reading for any PhD student in macroeconomics, even for those whose thesis does not specifically focus on growth. [S]elected materials from this book, and Part I in particular, could also be included in the reading list of an undergraduate course in advanced macroeconomics... This book will be an inseparable and precious companion ... for many years to come."--Fabrizio Carmignani, Economic RecordTable of ContentsPreface xv Part I: Introduction Chapter 1: Economic Growth and Economic Development: The Questions 3 1.1 Cross-Country Income Differences 3 1.2 Income and Welfare 7 1.3 Economic Growth and Income Differences 9 1.4 Origins of Today's Income Differences and World Economic Growth 11 1.5 Conditional Convergence 15 1.6 Correlates of Economic Growth 18 1.7 From Correlates to Fundamental Causes 19 1.8 The Agenda 21 1.9 References and Literature 23 Chapter 2: The Solow Growth Model 26 2.1 The Economic Environment of the Basic Solow Model 27 2.2 The Solow Model in Discrete Time 34 2.3 Transitional Dynamics in the Discrete-Time Solow Model 43 2.4 The Solow Model in Continuous Time 47 2.5 Transitional Dynamics in the Continuous-Time Solow Model 51 2.6 A First Look at Sustained Growth 55 2.7 Solow Model with Technological Progress 56 2.8 Comparative Dynamics 67 2.9 Taking Stock 68 2.10 References and Literature 69 2.11 Exercises 71 Chapter 3: The SolowModel and the Data 77 3.1 Growth Accounting 77 3.2 The Solow Model and Regression Analyses 80 3.3 The Solow Model with Human Capital 85 3.4 Solow Model and Cross-Country Income Differences: Regression Analyses 90 3.5 Calibrating Productivity Differences 96 3.6 Estimating Productivity Differences 100 3.7 Taking Stock 105 3.8 References and Literature 106 3.9 Exercises 107 Chapter 4: Fundamental Determinants of Differences in Economic Performance 109 4.1 Proximate versus Fundamental Causes 109 4.2 Economies of Scale, Population, Technology, and World Growth 112 4.3 The Four Fundamental Causes 114 4.4 The Effect of Institutions on Economic Growth 123 4.5 What Types of Institutions? 136 4.6 Disease and Development 137 4.7 Political Economy of Institutions: First Thoughts 140 4.8 Taking Stock 140 4.9 References and Literature 141 4.10 Exercises 143 Part II: Toward Neoclassical Growth Chapter 5: Foundations of Neoclassical Growth 147 5.1 Preliminaries 147 5.2 The Representative Household 149 5.3 Infinite Planning Horizon 156 5.4 The Representative Firm 158 5.5 Problem Formulation 160 5.6 Welfare Theorems 161 5.7 Proof of the Second Welfare Theorem (Theorem 5.7) * 168 5.8 Sequential Trading 171 5.9 Optimal Growth 174 5.10 Taking Stock 176 5.11 References and Literature 176 5.12 Exercises 178 Chapter 6: Infinite-Horizon Optimization and Dynamic Programming 182 6.1 Discrete-Time Infinite-Horizon Optimization 182 6.2 Stationary Dynamic Programming 185 6.3 Stationary Dynamic Programming Theorems 187 6.4 The Contraction Mapping Theorem and Applications * 190 6.5 Proofs of the Main Dynamic Programming Theorems * 194 6.6 Applications of Stationary Dynamic Programming 201 6.7 Nonstationary Infinite-Horizon Optimization 211 6.8 Optimal Growth in Discrete Time 215 6.9 Competitive Equilibrium Growth 219 6.10 Computation 221 6.11 Taking Stock 221 6.12 References and Literature 222 6.13 Exercises 223 Chapter 7: An Introduction to the Theory of Optimal Control 227 7.1 Variational Arguments 228 7.2 The Maximum Principle: A First Look 235 7.3 Infinite-Horizon Optimal Control 240 7.4 More on Transversality Conditions 250 7.5 Discounted Infinite-Horizon Optimal Control 253 7.6 Existence of Solutions, Concavity, and Differentiability * 259 7.7 A First Look at Optimal Growth in Continuous Time 268 7.8 The q-Theory of Investment and Saddle-Path Stability 269 7.9 Taking Stock 274 7.10 References and Literature 275 7.11 Exercises 278 Part III: Neoclassical Growth Chapter 8: The Neoclassical Growth Model 287 8.1 Preferences, Technology, and Demographics 287 8.2 Characterization of Equilibrium 293 8.3 Optimal Growth 298 8.4 Steady-State Equilibrium 300 8.5 Transitional Dynamics and Uniqueness of Equilibrium 302 8.6 Neoclassical Growth in Discrete Time 305 8.7 Technological Change and the Canonical Neoclassical Model 306 8.8 The Role of Policy 312 8.9 Comparative Dynamics 313 8.10 A Quantitative Evaluation 315 8.11 Extensions 317 8.12 Taking Stock 317 8.13 References and Literature 318 8.14 Exercises 319 Chapter 9: Growth with Overlapping Generations 327 9.1 Problems of Infinity 328 9.2 The Baseline Overlapping Generations Model 329 9.3 The Canonical Overlapping Generations Model 335 9.4 Overaccumulation and Pareto Optimality of Competitive Equilibrium in the Overlapping Generations Model 336 9.5 Role of Social Security in Capital Accumulation 339 9.6 Overlapping Generations with Impure Altruism 342 9.7 Overlapping Generations with Perpetual Youth 345 9.8 Overlapping Generations in Continuous Time 348 9.9 Taking Stock 353 9.10 References and Literature 354 9.11 Exercises 355 Chapter 10: Human Capital and Economic Growth 359 10.1 A Simple Separation Theorem 359 10.2 Schooling Investments and Returns to Education 361 10.3 The Ben-Porath Model 363 10.4 Neoclassical Growth with Physical and Human Capital 367 10.5 Capital-Skill Complementarity in an Overlapping Generations Model 371 10.6 Physical and Human Capital with Imperfect Labor Markets 374 10.7 Human Capital Externalities 379 10.8 The Nelson-Phelps Model of Human Capital 380 10.9 Taking Stock 382 10.10 References and Literature 384 10.11 Exercises 384 Chapter 11: First-Generation Models of Endogenous Growth 387 11.1 The AK Model Revisited 388 11.2 The AK Model with Physical and Human Capital 393 11.3 The Two-Sector AK Model 395 11.4 Growth with Externalities 398 11.5 Taking Stock 402 11.6 References and Literature 404 11.7 Exercises 404 Part IV: Endogenous Technological Change Chapter 12: Modeling Technological Change 411 12.1 Different Conceptions of Technology 411 12.2 Science and Profits 414 12.3 The Value of Innovation in Partial Equilibrium 416 12.4 The Dixit-Stiglitz Model and Aggregate Demand Externalities 422 12.5 Individual R&D Uncertainty and the Stock Market 428 12.6 Taking Stock 429 12.7 References and Literature 430 12.8 Exercises 431 Chapter 13: Expanding VarietyModels 433 13.1 The Lab-Equipment Model of Growth with Input Varieties 433 13.2 Growth with Knowledge Spillovers 444 13.3 Growth without Scale Effects 446 13.4 Growth with Expanding Product Varieties 448 13.5 Taking Stock 452 13.6 References and Literature 453 13.7 Exercises 453 Chapter 14: Models of Schumpeterian Growth 458 14.1 A Baseline Model of Schumpeterian Growth 459 14.2 A One-Sector Schumpeterian Growth Model 468 14.3 Innovation by Incumbents and Entrants 472 14.4 Step-by-Step Innovations * 479 14.5 Taking Stock 489 14.6 References and Literature 490 14.7 Exercises 491 Chapter 15: Directed Technological Change 497 15.1 Importance of Biased Technological Change 498 15.2 Basics and Definitions 500 15.3 Baseline Model of Directed Technological Change 503 15.4 Directed Technological Change with Knowledge Spillovers 514 15.5 Directed Technological Change without Scale Effects 518 15.6 Endogenous Labor-Augmenting Technological Change 519 15.7 Generalizations and Other Applications 522 15.8 An Alternative Approach to Labor-Augmenting Technological Change* 523 15.9 Taking Stock 526 15.10 References and Literature 527 15.11 Exercises 529 Part V: Stochastic Growth Chapter 16: Stochastic Dynamic Programming 537 16.1 Dynamic Programming with Expectations 537 16.2 Proofs of the Stochastic Dynamic Programming Theorems * 544 16.3 Stochastic Euler Equations 549 16.4 Generalization to Markov Processes * 552 16.5 Applications of Stochastic Dynamic Programming 554 16.6 Taking Stock 561 16.7 References and Literature 561 16.8 Exercises 562 Chapter 17: Stochastic Growth Models 566 17.1 The Brock-Mirman Model 567 17.2 Equilibrium Growth under Uncertainty 571 17.3 Application: Real Business Cycle Models 579 17.4 Growth with Incomplete Markets: The Bewley Model 583 17.5 The Overlapping Generations Model with Uncertainty 586 17.6 Risk, Diversification, and Growth 588 17.7 Taking Stock 603 17.8 References and Literature 604 17.9 Exercises 605 Part VI: Technology Diffusion, Trade, and Interdependences Chapter 18: Diffusion of Technology 611 18.1 Productivity Differences and Technology 611 18.2 A Benchmark Model of Technology Diffusion 613 18.3 Technology Diffusion and Endogenous Growth 619 18.4 Appropriate and Inappropriate Technologies and Productivity Differences 623 18.5 Contracting Institutions and Technology Adoption 630 18.6 Taking Stock 642 18.7 References and Literature 643 18.8 Exercises 644 Chapter 19: Trade and Growth 648 19.1 Growth and Financial Capital Flows 648 19.2 Why Does Capital Not Flow from Rich to Poor Countries? 653 19.3 Economic Growth in a Heckscher-Ohlin World 655 19.4 Trade, Specialization, and the World Income Distribution 663 19.5 Trade, Technology Diffusion, and the Product Cycle 674 19.6 Trade and Endogenous Technological Change 678 19.7 Learning-by-Doing, Trade, and Growth 680 19.8 Taking Stock 684 19.9 References and Literature 685 19.10 Exercises 687 Part VII: Economic Development and Economic Growth Chapter 20: Structural Change and Economic Growth 697 20.1 Nonbalanced Growth: The Demand Side 697 20.2 Nonbalanced Growth: The Supply Side 703 20.3 Agricultural Productivity and Industrialization 715 20.4 Taking Stock 719 20.5 References and Literature 720 20.6 Exercises 721 Chapter 21: Structural Transformations and Market Failures in Development 725 21.1 Financial Development 726 21.2 Fertility, Mortality, and the Demographic Transition 729 21.3 Migration, Urbanization, and the Dual Economy 736 21.4 Distance to the Frontier and Changes in the Organization of Production 744 21.5 Multiple Equilibria from Aggregate Demand Externalities and the Big Push 752 21.6 Inequality, Credit Market Imperfections, and Human Capital 758 21.7 Toward a Unified Theory of Development and Growth? 764 21.8 Taking Stock 768 21.9 References and Literature 769 21.10 Exercises 771 Part VIII: The Political Economy of Growth Chapter 22: Institutions, Political Economy, and Growth 781 22.1 The Impact of Institutions on Long-Run Development 781 22.2 Distributional Conflict and Economic Growth in a Simple Society 784 22.3 The Canonical Cobb-Douglas Model of Distributional Conflict 792 22.4 Distributional Conflict and Competition 793 22.5 Subgame Perfect versus Markov Perfect Equilibria 799 22.6 Inefficient Economic Institutions: A First Pass 802 22.7 Heterogeneous Preferences, Social Choice, and the Median Voter * 805 22.8 Distributional Conflict and Economic Growth: Heterogeneity and the Median Voter 814 22.9 The Provision of Public Goods: Weak versus Strong States 817 22.10 Taking Stock 822 22.11 References and Literature 823 22.12 Exercises 825 Chapter 23: Political Institutions and Economic Growth 831 23.1 Political Regimes and Economic Growth 832 23.2 Political Institutions and Growth-Enhancing Policies 834 23.3 Dynamic Trade-offs 837 23.4 Understanding Endogenous Political Change 850 23.5 Taking Stock 856 23.6 References and Literature 857 23.7 Exercises 858 Epilogue: Mechanics and Causes of Economic Growth 861 What Have We Learned? 861 A Possible Perspective on Growth and Stagnation over the Past 200 Years 864 Many Remaining Questions 872 Part IX: Mathematical Appendixes Appendix A: Odds and Ends in Real Analysis and Applications to Optimization 877 A.1 Distances and Metric Spaces 878 A.2 Mappings, Functions, Sequences, Nets, and Continuity 880 A.3 A Minimal Amount of Topology: Continuity and Compactness * 885 A.4 The Product Topology * 889 A.5 Absolute Continuity and Equicontinuity * 891 A.6 Correspondences and Berge's Maximum Theorem 894 A.7 Convexity, Concavity, Quasi-Concavity, and Fixed Points 898 A.8 Differentiation, Taylor Series, and the Mean Value Theorem 900 A.9 Functions of Several Variables and the Inverse and Implicit Function Theorems 904 A.10 Separation Theorems * 907 A.11 Constrained Optimization 910 A.12 Exercises 915 Appendix B: Review of Ordinary Differential Equations 917 B.1 Eigenvalues and Eigenvectors 917 B.2 Some Basic Results on Integrals 918 B.3 Linear Differential Equations 920 B.4 Solutions to Linear First-Order Differential Equations 921 B.5 Systems of Linear Differential Equations 924 B.6 Local Analysis and Stability of Nonlinear Differential Equations 926 B.7 Separable and Exact Differential Equations 927 B.8 Existence and Uniqueness of Solutions 929 B.9 Continuity and Differentiability of Solutions 930 B.10 Difference Equations 930 B.11 Exercises 932 Appendix C: Brief Review of Dynamic Games 934 C.1 Basic Definitions 934 C.2 Some Basic Results 937 C.3 Application: Repeated Games with Perfect Observability 941 C.4 Exercises 942 Appendix D: List of Theorems 944 Chapter 2 944 Chapter 5 944 Chapter 6 944 Chapter 7 945 Chapter 10 945 Chapter 16 945 Chapter 22 946 Appendix A 946 Appendix B 947 Appendix C 947 References 949 Name Index 971 Subject Index 977

    £49.50

  • As Gods Among Men  A History of the Rich in the

    Princeton University Press As Gods Among Men A History of the Rich in the

    Book Synopsis

    £14.24

  • The Bankers New Clothes

    Princeton University Press The Bankers New Clothes

    2 in stock

    Book SynopsisTrade Review"Indispensable."---Jesse Eisinger, New York Times"Crucial."---James Surowiecki, The New Yorker"The most important [book] to emerge from the crisis. . . . The authors achieve three things. First, they explain basic financial theory with simple examples that any moderately numerate individual can understand. Second, they show that these basic ideas apply, with modest differences, also to banking. Finally, they prove that, in opposing them, bankers and their apologists have spun intellectual raiment as invisible as the emperor's new clothes. . . . Read this book. You will then understand the economics. Once you have done so, you will also appreciate that we have failed to remove the causes of the crisis. Further such crises will come."---Martin Wolf, Financial Times"Powerful. . . . The authors persuasively argue that the solution is higher levels of equity capital throughout the banking industry to offset the impact of the implied government protections against failure." * The Economist *"Excellent."---Matthew Yglesias, Slate"Ms. Admati and Mr. Hellwig, top-notch academic financial economists, do understand the complexities of banking, and they helpfully slice through the bankers' self-serving nonsense. Demolishing these fallacies is the central point of The Bankers' New Clothes."---John Cochrane, Wall Street Journal"An important new book called The Bankers' New Clothes . . . offers what the Dodd-Frank legislation mostly lacked: a simple and elegant solution to the problem of financial stability. [Admati and Hellwig] argue that banks should fund themselves with more equity and less debt—or, to put it bluntly, that banks should risk more of their own money, and less of everyone else's."---Christopher Matthews, Time"Insightful."---Floyd Norris, New York Times"Important."---John Cassidy, The New Yorker"Anat Admati and Martin Hellwig convincingly make the case for much stronger and simpler borrowing limitations for banks."---Roger Alcaly, New York Review of Books"In a year of important books about the recent economic crisis, the most important one told us simply how to stop the next one." * Wall Street Journal *"The book pounds quite the drumbeat here: Force banks to borrow less (they should make up the difference through issuing more equity stock) and so inject sanity into the system."---Katharine Whittemore, Boston Globe"Admati and Hellwig have done something extraordinary. They took [banking] frustration and all its complex details and gave it a simple narrative, one that both explains what banks have been getting away with and what we might ask that Congress do about it."---Brendan Greeley, Bloomberg Businessweek"Anat Admati and Martin Hellwig are academics with a gift for taking the mind-numbing minutiae of banking and presenting it in a way that the average reader can understand. One by one, the self-serving protests of the banking industry against tougher regulations are lined up and struck down in The Bankers' New Clothes. . . . The authors map out the regulatory flaws that make it easy for debt-junkie bankers to get rich when times are good, and leave them hanging around protesting when times are worse thanks to their own recklessness."---Susan Antilla, Bloomberg News"Admati and Hellwig explain, in layman's terms, some of the silly arguments bankers make for keeping to the status quo and preventing any new regulation of the banks from ever being enacted. And they do a great job. . . . Admati and Hellwig have made a gift to you. You don't have to go wrestle with banks' financial statements or their annual reports or their 10Q's. You don't need to pull out your old accounting textbooks or call your college economics teacher to have her explain to you again why debt leverage increases risk. Admati and Hellwig have done all the hard work for you. But, you have to read their book."---John R. Talbott, Huffington Post"Anat 'gets' banking, and gets it better than most. The fact that she is ruffling feather relates more to the fact that she is questioning deeply held—yet hardly ever challenged—belief systems within the industry, than any lack of understanding."---Izabella Kaminska, FinancialTimes.com's Alphaville blog"This book's aim, decisively achieved, is to de-mystify the public conversation about banking so we can all understand how threadbare the industry is."---Diane Coyle, Enlightened Economist"Admati and Hellwig offer a simple prescription for this complex world."---Thomas G. Donlan, Barron's"The Bankers' New Clothes makes a powerful case for why banks should stop borrowing so much."---Rana Foroohar, Time"Buy this book; read this book; give this book to your friends; discuss this book; act on this book."---Carol Hunt, Irish Sunday Independent"This is the most important book to have come out of the financial crisis. It argues, convincingly, that the problem with banks is that they operate with an order of magnitude too little equity capital, relative to their assets. Targeting return on equity, without consideration of risk, allows bankers to pay themselves egregiously, while making their institutions and the economy hugely unstable." * Financial Times *"The Bankers' New Clothes is wowing critics of fragile banks with a simple and attractive message: Force banks to have much thicker cushions of capital and you can make them safer without paying any cost in terms of higher interest rates, less lending, or lower economic growth."---Peter Coy, Bloomberg Businessweek"Admati and Hellwig's analytical rigour is convincing. . . . The value of The Bankers' New Clothes is that it sets all out in clear and accessible terms over little more than 200 pages, without cutting corners."---George Hay, Reuters Breakingviews"The Bankers' New Clothes is a lucid exposition of the intellectual falsehoods deployed by banks to justify the ways in which they went about growing their business beyond any reasonable assessment of risk in the run-up of the crisis of 2008 and which they continue to peddle today. Admati and Hellwig cut through the debates about whether it was too little or too much regulation that was to blame, whether central banks could and should have acted faster, and the rights and wrongs of securitisation or separating commercial and investment banking, and go to the heart of the matter."---Will Hutton, New Statesman"[Admati and Hellwig] have done an admirable job in explaining how capital in the banking system works to absorb shocks, and how too little of it makes banks unstable." * The Economist *"The banks' argument that equity capital is expensive and that increasing equity capital would force them to pass up otherwise attractive lending opportunities has been systematically demolished, most notably by the academics Anat Admati and Martin Hellwig. In a new book they argue . . . that both the equity and debt of well capitalised banks are safer and thus cheaper, while a lower return is perfectly acceptable to investors in exchange for lower risk."---John Plender, Financial Times"[The Bankers' New Clothes is] a clearly written, sensible analysis of problems and cures for the U.S. banking system. . . . Admati and Hellwig take a lot of time to clearly explain the problems with depending too much on borrowed money."---Dale Singer, St. Louis Post-Dispatch"Thought provoking."---Heather Stewart, The Observer"One of the greatest strengths of this book is that it clearly explains the issues for the ordinary reader. Financial reform shouldn't be left solely to Wall Street bankers and their captured policymakers in Washington, D.C., to decide. Regular citizens must make their voices heard, and this book will help them understand the basic terminology and concepts. I encourage everyone with an interest in effective financial reform to pick up a copy today. This just might be the most important book of 2013."---John Reeves, Motley Fool"The authors have written the book for the enlightenment of the average reader who has no background in economics, finance or quantitative fields. But it can be read by anyone interested in banking--bankers, policy makers and researchers." * Business Standard *"Professor and journalist Admati and economic researcher Hellwig argue that it is possible to have a well-balanced banking system without any cost to society; weak regulations and lax enforcement is what caused the buildup of risk unleashed in the crisis. Here, they aim to demystify banking and expand the range of voices in the debate; encouraging people to form opinions and express doubts will ensure a healthier financial system as people understand the issues and influence policy. . . . The authors push for aggressive reform by outlining specific steps that can be taken to change our banking system for the better." * Publishers Weekly *"An important book for readers interested in what has been done, and what remains to be done, when it comes to safeguarding financial institutions." * Kirkus Reviews *"This title is a must read for management and human resource professionals within the banking industry as well as government policymakers. With its clear explanations, many examples, and analogies, the book is accessible to readers who do not have business backgrounds and who want to better understand banking." * Library Journal *"Admati and Hellwig don't just criticize bankers. The real strength of their book is that they walk their readers through the balance sheet and to a regulatory answer to the banking problem, an answer that's elegant in its simplicity and far-reaching in its potential to prevent and manage financial crises."---Randolph Walerius, Roll Call"Financial regulation has become a hot topic in the wake of the recent crisis; many complex proposals have ensued, and a dizzying array of new acronyms and agencies has emerged. But in their new book, Admati and Hellwig make a forceful case for a classic and simple solution to excessive, unregulated lending: higher capital ratios for banks." * Finance & Development *"The book deserves to be read by both bankers and policymakers as it debunks many of the myths that have been used to justify excessive leverage in banking." * Economic & Political Weekly *"Increasing capital is the most sure-fire way of improving financial stability. Indeed, a new book—The Bankers' New Clothes—cogently argues that equity/debt ratios in banks could and should be increased drastically to levels more like those of ordinary businesses."---Richard Saunders, Financial News"One can only hope that non-financial readers who want to improve the focus of their frustration will find their way to this book. Perhaps, then, policy-makers will start to feel pressure for smarter change."---Peter Morris, Financial World"[Admati's and Hellwig's] case that the banking industry still needs a shake-up is persuasive. And you have to admire their nerve in tackling the lobby head-on because, like the emperor in the Hans Christian Andersen fairytale, it wears a smokescreen of competence and confidence. Attacking the illusion takes courage."---David Wilson, South China Morning Post"In simple and accessible terms, the authors show convincingly that banks are as fragile and destructive as they are, not because they must be, but because they want to be—and they get away with it." * Shanghai Daily *"[The Bankers' New Clothes] lays out the problems in banking revealed by the crisis and asks how to solve them. The authors, Anat Admati and Martin Hellwig draw upon accounts of the crisis and come up with some clear prescriptions based on what they see as the biggest problem—that banks are over-leveraged."---Nick Dunbar, NickDunbar.net"A clear and detailed call for banking reform. Arguing that the system is no safer today than before the financial crisis, the authors reject some bankers' and politicians' fears that further regulations would be too expensive and instead call for extensive change. Their starting place: Make banks responsible for their own mistakes." * Worth *"Offering a unique insight into banking from both an insider's and layman's perspectives, The Bankers' New Clothes is a welcome source of information in these unstable times."---Noori Passela, The National"Critical and refreshing. Anat Admati and Martin Hellwig are a formidable pair and systematically demolish all the bankers' arguments on risk, capital buffers, reserve requirements and the claims that no further reforms are required."---Hazel Henderson, Seeking Alpha"Admati and Hellwig walk banking neophytes slowly through how banking works, framing examples in a way that most people can understand: borrowing on a home. In very simple terms the authors explain how excess leverage is dangerous. Ironically, bankers are quick to point this out when examining someone else's credit prospects but not necessarily their own."---Douglas French, Freeman"Valuable. . . . This is a timely and interesting book and one that is squarely in the middle of the debate over the future of the nation's largest banks."---Christopher Whalen, National Interest"I've read almost all the major books on the financial crisis, and what makes this one of the best, if not the very best, is its simplicity and accessibility."---Emre Deliveli, Hurriyet Daily News"This excellent volume provides an invaluable lens through which to view modern banking and the ways it has evolved to privatize returns and socialize risks. . . . Admati and Hellwig provide an accessible explanation of the inherent risks in the current banking system and propose sensible rules and reforms to make the system stable without damaging bank lending or economic growth." * Choice *"The Bankers' New Clothes . . . stands out from the crowd. For one, it does not beat around the bush--it is clear and straight to the point in an industry usually heaving with jargon. By using language the man on the street can understand, this bold book leads quite literally by example as it reveals insights into the banking industry and why it is in such a mess."---Nina Roehrbein, Investment & Pensions Europe"This accessible look into complex financial theory is a must-read for anyone interested in the ongoing debate over regulatory reform and 'too big to fail.'"---Jeanine Skowronski, BankThink"The Bankers' New Clothes makes a simple, powerful argument: that banks need to raise more capital. It is entirely persuasive that the extent of their leverage makes the financial system fragile, and it clearly and patiently demolishes all the counter-arguments made by the banks and their lobbyists."---Diane Coyle, Enlightened Economist"The authors write well in simple language any adult who reads English can understand, and then support each chapter with exhaustive endnotes for economists and to prove they are not making anything up; the banks really are as bad as they say, and we can fix it." * Reference & Research Book News *"[The Bankers' New Clothes] presents an interesting and fresh viewpoint. . . . The book's discussions about the weakness of free markets and capitalism make it highly relevant. . . . It also sheds light on the role of government and the elites in the formation of regulatory policies."---Hemant Kanakia, Economic & Political Weekly"In the growing literature on the 2007-08 financial crises, The Bankers' New Clothes is a significant addition. Admati and Hellwig identify low equity of banks as single most important cause of the crisis."---M. K. Datar, The Hindu"This is a great book; I hope that it is influential."---Charles Goodhart, Economica"Well worth reading."---Steven Pressman, Dollars & Sense"The text is well written and structured, and there is a good index to help the reader find the detail in both the text and the endnotes. . . . [As a] valuable contribution to debate and counterweight to opposing arguments, it is certainly most welcome."---Kevin Davis, Economic Record"The book pulls off the trick of explaining a lot of technical points about banking in highly accessible detail." * Fool's Gold *"Admati and Hellwig's work is groundbreaking both in its accessibility and its clarity."---Ross P. Buckley, Banking & Finance Law Review

    2 in stock

    £17.09

  • A Guide to the Project Management Body of

    Project Management Institute A Guide to the Project Management Body of

    Book SynopsisA Guide to the Project Management Body of Knowledge (PMBOK®) Guide is the go-to resource for project management practitioners. Over the past few years, the project management profession has significantly evolved due to emerging technology, new approaches and rapid market changes. Reflecting this evolution, The Standard for Project Management enumerates 12 principles of project management and the PMBOK® Guide – Seventh Edition is structured around eight project performance domains. Both the standard and the guide reflect the wide range of development approaches that lead to value delivery. This edition is designed to address practitioners’ current and future needs and to help them be more proactive, innovative and nimble in enabling desired project outcomes. This edition of the PMBOK® Guide: Reflects the full range of development approaches (predictive, adaptive, hybrid, etc.) Provides an entire section devoted to tailoring the development approach and processes Includes an expanded list of models, methods, and artifacts Focuses on not just delivering project outputs but also enabling outcomes; and Integrates with PMIstandards+ for information and standards application content based on project type, development approach, and industry sector.

    £67.46

  • Transforming Health Care: Virginia Mason Medical

    Taylor & Francis Inc Transforming Health Care: Virginia Mason Medical

    5 in stock

    Book SynopsisFor decades, the manufacturing industry has employed the Toyota Production System — the most powerful production method in the world — to reduce waste, improve quality, reduce defects and increase worker productivity. In 2001, Virginia Mason Medical Center, an integrated healthcare delivery system in Seattle, Washington set out to achieve its compelling vision to become The Quality Leader and to fulfill that vision, adopted the Toyota Production System as its management method.Transforming Health Care: Virginia Mason Medical Center's Pursuit of the Perfect Patient Experience takes you on the journey of of Virginia Mason Medical Center's pursuit of the perfect patient experience through the application of lean principles, tools, and methodology. Over the last several years Virginia Mason has become internationally known for its journey towards perfection by applying the Toyota Production System to healthcare. The book takes readers step by step through Virginia Mason's journey as it seeks to provide perfection to its customer – the patient. This book shows you how you use this system to transform your own organization.Trade ReviewIf you work in the health and medical care field and you believe you and your institution are as good as it is possible to be, you should read this book. It will reset your standards and show you how to produce more value for your patients at a lower cost. This is a front line story, not a pie in the sky theory or project of the month. It is a story about real people dedicated to the pursuit of habitual excellence. —Paul O’Neill, 72nd Secretary of the U.S. Treasury & former Chairman and CEO of Alcoa A comprehensive and insightful book that chronicles an arduous journey to achieve an exceptional patient-centered culture using a management system only now recognized as relevant to health care. This is a story of how Virginia Mason became the benchmark against which other health care systems must judge themselves, and a beacon in a field that has resisted change for far too long. —David M. Lawrence, MD, MPH, Chairman and CEO (retired), Kaiser Foundation Health Plan and Hospitals, Inc. The challenges to our U.S. health care system have never been greater. We are challenged by the high cost of care and less than optimal quality and safety. Virginia Mason Medical Center has been on a ten year journey to demonstrate just what is possible and the results have been profound. What is equally amazing, and must reading for health care leaders, is the story of their journey. It is possible to improve quality and safety while simultaneously reducing cost! —John Kitzhaber, MD, Governor of Oregon 1995-2003 U.S. health care is replete with stories of failed attempts to improve quality and control soaring costs, only to succumb to perverse incentives, infighting and an entrenched status quo. Virginia Mason offers a different path forward, by showing what happens when all of health care’s stakeholders — doctors, employers, insurers — align themselves behind pursuing the best care for the patient. It’s a potential model precisely because its leadership medical staff had to overcome the same challenges that affect hospitals and clinicians across the country today. —Vanessa Fuhrmans, The Wall Street Journal Congratulations to the Virginia Mason team for being another great example of committing to a compelling vision and to continuous quality improvement … . Thank You! —Alan Mulally, former President and CEO, Boeing Commercial Airplanes; current President and CEO, Ford Motor Company Health care transformation is a process not an event. This book richly describes this process at Virginia Mason — not just the principles but all the challenges along the way and how they were overcome. It is a textured account of an ongoing journey and as such is an invaluable aid to anyone serious about transforming their own organization. —Richard Bohmer, MBChB, MPH Professor of Management Practice, Harvard Business School This is the story of a journey. It’s a journey that began almost a decade ago, that continues today, and that will likely continue for the foreseeable future. Through a number of powerful case studies, this book illustrates how Virginia Mason Medical Center has steadily improved the safety, quality, and efficiency of its patient care — one process at a time. But more importantly, it is a study in leadership and cultural transformation in one of our nation’s most important industries — health care. That transformation has made patient-centered care much more than a slogan at Virginia Mason; it has become a way of doing business, each and every day. The beneficiaries of that transformation, first and foremost, are the patients Virginia Mason serves. But of equal importance is the new-found sense of accomplishment and satisfaction that these changes have engendered among the Medical Center’s physicians, management team and employees. This book is inspiring must reading for anyone who leads, or aspires to lead, any health care organization. — William F. Jessee, MD, FACMPE, President and CEO, Medical Group Management Association If you want to understand what health care can become, you need to know about Virginia Mason Medical Center. This book gives you the complete story. It is essential reading. —David Cutler, former Senior Health Care Advisor, Obama Presidential Campaign An inspiring tale of leadership, discipline, and persistence by an organization committed to excellence in patient care. VMMC has redefined patient-centeredness as the core of process change. By so doing, not only has it transformed its culture and dramatically improved outcomes, it has set new standards for quality and efficiency. Must reading for all health care leaders who are serious about quality. —Lucian L. Leape, MD, Harvard School of Public Health This remarkable story of Virginia Mason's journey to Lean offers hope that America can achieve the high-quality, affordable care we all deserve. —Ceci Connolly, Freelance Writer How does a hospital change the very culture of medicine? By abandoning the philosophy that says This is the way we’ve always done it! That’s the essence of the amazing story of true change told by Charles Kenney in Transforming Healthcare: Virginia Mason Medical Center’s Pursuit of the Perfect Patient Experience. But hold on: This is not a cold chronicle of good people moving deck chairs around on the deck of the Titanic. This is genuine course-changing, history-changing work born of steely determination to stop hurting patients by finding ways of practicing medicine that tradition never taught.How does one transform to an idyllic hospital where errors never hurt patients and people are happy? By breaking the molds and infusing a common vision and by starting down the path Dr. Gary Kaplan and Virginia Mason were courageous enough to blaze ten years ago - when no one else was even peeking outside the box.If you intend to keep your patients safe - if you intend to improve the working environment, the bottom line, and the camaraderie of your hospital - you cannot ignore this story! This book isn’t about Lean, Toyota, or any single methodology as much as it’s about a refusal to maintain the terrible status quo documented by the Institute of Medicine in 1999. This book is the foundational element of understanding what it takes to really change a moribund culture. —John J. Nance, author, Why Hospitals Should Fly Virginia Mason Medical Center is widely recognized as the pioneer in applying the disciplines of the Toyota Production Systems to improve the delivery of health care. Now, with the publication of Transforming Health Care, we have a first-hand account of what they did and what they learned: the steps they took to make the concept of Team Medicine a reality; the struggles and successes in moving from physician-centric to patient-centered care; and the projects they have undertaken to redesign clinical pathways to eliminate waste and error, reduce scientific uncertainty, and promote patient preferences. An easy read, but also an in-depth account of Virginia Mason’s effort to transform itself. This book is a must for students of organizational behavior as well as for those who aspire to improve health care. —John E. Wennberg, MD, MPH, Peggy Y. Thomson Professor Emeritus (Chair) in the Evaluative Clinical Sciences & Founder and Director Emeritus, The Dartmouth Institute for Health Policy and Clinical Practice If you work in the health and medical care field and you believe you and your institution are as good as it is possible to be, you should read this book. It will reset your standards and show you how to produce more value for your patients at a lower cost. This is a front line story, not a pie in the sky theory or project of the month. It is a story about real people dedicated to the pursuit of habitual excellence. —Paul O’Neill, 72nd Secretary of the U.S. Treasury & former Chairman and CEO of Alcoa A comprehensive and insightful book that chronicles an arduous journey to achieve an exceptional patient-centered culture using a management system only now recognized as relevant to health care. This is a story of how Virginia Mason became the benchmark against which other health care systems must judge themselves, and a beacon in a field that has resisted change for far too long. —David M. Lawrence, MD, MPH, Chairman and CEO (retired), Kaiser Foundation Health Plan and Hospitals, Inc. The challenges to our U.S. health care system have never been greater. We are challenged by the high cost of care and less than optimal quality and safety. Virginia Mason Medical Center has been on a ten year journey to demonstrate just what is possible and the results have been profound. What is equally amazing, and must reading for health care leaders, is the story of their journey. It is possible to improve quality and safety while simultaneously reducing cost! —John Kitzhaber, MD, Governor of Oregon 1995-2003 U.S. health care is replete with stories of failed attempts to improve quality and control soaring costs, only to succumb to perverse incentives, infighting and an entrenched status quo. Virginia Mason offers a different path forward, by showing what happens when all of health care’s stakeholders — doctors, employers, insurers — align themselves behind pursuing the best care for the patient. It’s a potential model precisely because its leadership medical staff had to overcome the same challenges that affect hospitals and clinicians across the country today. —Vanessa Fuhrmans, The Wall Street Journal Congratulations to the Virginia Mason team for being another great example of committing to a compelling vision and to continuous quality improvement … . Thank You! —Alan Mulally, former President and CEO, Boeing Commercial Airplanes; current President and CEO, Ford Motor Company Health care transformation is a process not an event. This book richly describes this process at Virginia Mason — not just the principles but all the challenges along the way and how they were overcome. It is a textured account of an ongoing journey and as such is an invaluable aid to anyone serious about transforming their own organization. —Richard Bohmer, MBChB, MPH Professor of Management Practice, Harvard Business School This is the story of a journey. It’s a journey that began almost a decade ago, that continues today, and that will likely continue for the foreseeable future. Through a number of powerful case studies, this book illustrates how Virginia Mason Medical Center has steadily improved the safety, quality, and efficiency of its patient care — one process at a time. But more importantly, it is a study in leadership and cultural transformation in one of our nation’s most important industries — health care. That transformation has made patient-centered care much more than a slogan at Virginia Mason; it has become a way of doing business, each and every day. The beneficiaries of that transformation, first and foremost, are the patients Virginia Mason serves. But of equal importance is the new-found sense of accomplishment and satisfaction that these changes have engendered among the Medical Center’s physicians, management team and employees. This book is inspiring must reading for anyone who leads, or aspires to lead, any health care organization. — William F. Jessee, MD, FACMPE, President and CEO, Medical Group Management Association If you want to understand what health care can become, you need to know about Virginia Mason Medical Center. This book gives you the complete story. It is essential reading. —David Cutler, former Senior Health Care Advisor, Obama Presidential Campaign An inspiring tale of leadership, discipline, and persistence by an organization committed to excellence in patient care. VMMC has redefined patient-centeredness as the core of process change. By so doing, not only has it transformed its culture and dramatically improved outcomes, it has set new standards for quality and efficiency. Must reading for all health care leaders who are serious about quality. —Lucian L. Leape, MD, Harvard School of Public Health This remarkable story of Virginia Mason's journey to Lean offers hope that America can achieve the high-quality, affordable care we all deserve. —Ceci Connolly, Freelance Writer How does a hospital change the very culture of medicine? By abandoning the philosophy that says This is the way we’ve always done it! That’s the essence of the amazing story of true change told by Charles Kenney in Transforming Healthcare: Virginia Mason Medical Center’s Pursuit of the Perfect Patient Experience. But hold on: This is not a cold chronicle of good people moving deck chairs around on the deck of the Titanic. This is genuine course-changing, history-changing work born of steely determination to stop hurting patients by finding ways of practicing medicine that tradition never taught.How does one transform to an idyllic hospital where errors never hurt patients and people are happy? By breaking the molds and infusing a common vision and by starting down the path Dr. Gary Kaplan and Virginia Mason were courageous enough to blaze ten years ago - when no one else was even peeking outside the box.If you intend to keep your patients safe - if you intend to improve the working environment, the bottom line, and the camaraderie of your hospital - you cannot ignore this story! This book isn’t about Lean, Toyota, or any single methodology as much as it’s about a refusal to maintain the terrible status quo documented by the Institute of Medicine in 1999. This book is the foundational element of understanding what it takes to really change a moribund culture. —John J. Nance, author, Why Hospitals Should Fly Virginia Mason Medical Center is widely recognized as the pioneer in applying the disciplines of the Toyota Production Systems to improve the delivery of health care. Now, with the publication of Transforming Health Care, we have a first-hand account of what they did and what they learned: the steps they took to make the concept of Team Medicine a reality; the struggles and successes in moving from physician-centric to patient-centered care; and the projects they have undertaken to redesign clinical pathways to eliminate waste and error, reduce scientific uncertainty, and promote patient preferences. An easy read, but also an in-depth account of Virginia Mason’s effort to transform itself. This book is a must for students of organizational behavior as well as for those who aspire to improve health care. —John E. Wennberg, MD, MPH, Peggy Y. Thomson Professor Emeritus (Chair) in the Evaluative Clinical Sciences & Founder and Director Emeritus, The Dartmouth Institute for Health Policy and Clinical Practice Table of ContentsThe Blue Yarn. Safety Crusade. Ambulatory Care Breakthrough. Transforming Procedural Care. Transforming Inpatient Care. Better, Faster, More Affordable. Management Method. The Journey Continues.

    5 in stock

    £34.99

  • Gambling with Other Peoples Money

    Hoover Institution Press,U.S. Gambling with Other Peoples Money

    2 in stock

    Book SynopsisWhat caused the Financial Crisis of 2008? Russ Roberts argues that the underlying cause of the mess was the past bailouts of large financial institutions that allowed these institutions to gamble carelessly because they were effectively using other people's money.

    2 in stock

    £8.46

  • Microeconomics Global Edition

    Pearson Education Limited Microeconomics Global Edition

    15 in stock

    Book SynopsisTable of Contents Part 1: INTRODUCTION: MARKETS AND PRICES 1. Preliminaries 2. The Basics of Supply and Demand Part 2: PRODUCERS, CONSUMRS, AND COMPETITIVE MARKETS 3. Consumer Behavior 4. Individual and Market Demand 5. Uncertainty and Consumer Behavior 6. Production 7. The Cost of Production 8. Profit Maximization and Competitive Supply 9. The Analysis of Competitive Markets Part 3: MARKET STRUCTURE AND COMPETITIVE STRATEGY 10. Market Power: Monopoly and Monopsony 11. Pricing with Market Power 12. Monopolistic Competition and Oligopoly 13. Game Theory and Competitive Strategy 14. Markets for Factor Inputs 15. Investment, Time, and Capital Markets Part 4: INFORMATION, MARKET FAILURE, AND THE ROLE OF GOVERNMENT 16. General Equilibrium and Economic Efficiency 17. Markets with Asymmetric Information 18. Externalities and Public Goods 19. Behavioral Economics Appendix: The Basics of Regression Answers to Selected Exercises

    15 in stock

    £79.79

  • Stealing Fire

    HarperCollins Publishers Inc Stealing Fire

    2 in stock

    Book SynopsisNational BestsellerCNBC and Strategy + Business Best Business Book of the YearIt’s the biggest revolution you’ve never heard of, and it’s hiding in plain sight. Over the past decade, Silicon Valley executives like Eric Schmidt and Elon Musk, Special Operators like the Navy SEALs and the Green Berets, and maverick scientists like Sasha Shulgin and Amy Cuddy have turned everything we thought we knew about high performance upside down. Instead of grit, better habits, or 10,000 hours, these trailblazers have found a surprising short cut. They''re harnessing rare and controversial states of consciousness to solve critical challenges and outperform the competition. New York Times bestselling author Steven Kotler and high performance expert Jamie Wheal spent four years investigating the leading edges of this revolution—from the home of SEAL Team Six to the Googleplex, the Burning Man festival, Richard Branson’s Necker Island, Red Bull’s training center, Nike’s innovation team, and the United Nations’ Headquarters. And what they learned was stunning: In their own ways, with differing languages, techniques, and applications, every one of these groups has been quietly seeking the same thing: the boost in information and inspiration that altered states provide. Today, this revolution is spreading to the mainstream, fueling a trillion dollar underground economy and forcing us to rethink how we can all lead richer, more productive, more satisfying lives. Driven by four accelerating forces—psychology, neurobiology, technology and pharmacology—we are gaining access to and insights about some of the most contested and misunderstood terrain in history. Stealing Fire is a provocative examination of what’s actually possible; a guidebook for anyone who wants to radically upgrade their life.Trade Review“Reading Stealing Fire, Mr. Lang-Willar said, he became convinced that nothing less than a ‘cultural awakening’ was underway.” — The New York Times “A mind-blowing tour along the path from sex and drugs to R&D.” — Financial Times “Stealing Fire is a beautifully written, must-read for anyone interested in living up to their full potential. Kotler and Wheal have produced a user-manual for your hacking your brain to drive high performance.” — Peter Diamandis, founder of the X Prize, co-chairman of Singularity University, bestselling author “Stealing Fire cracks the secret code of peak performance so that ordinary people can achieve extraordinary results.” — Cdr. Mark Divine (USN Ret.), New York Times best selling author, founder SEALFIT and Unbeatable Mind “Meticulously researched and innovatively conceptualized, Stealing Fire is not just a bible for the second psychedelic revolution (drugs not required), but a manual to getting more: out of your body, your mind, and your happiness.” — Neil Strauss, New York Times best-selling author of The Game “An electrifying, fast-paced journey into the deep potential of the human brain.” — David Eagleman, Stanford University neuroscientist, bestselling author, presenter of PBS's The Brain “Our linear lives and brains need to be thrown a curve on occasion and this is a masterpiece literary curveball.” — Chip Conley, bestselling author of Peak and Emotional Equations and former Head of Strategy for AirBnB “Captures the unspoken essence of what men and women on the frontier of human experience, think and do to excel in creativity and performance.” — Michael Gervais, High Performance Psychologist to Super Bowl Champion Seattle Seahawks “Stealing Fire lays out exactly how to hack the brain...Kotler and Wheal have taken a major bite out of the unknown. If you’re at all interested in knowing how your mind works, this is imperative reading!” — Salim Ismail, founding executive director of Singularity University and bestselling author of Exponential Organizations “Stealing Fire is a fantastic book about the future of humanity and everything that we can become. Based on incredible stories and cutting edge data, it reveals how our brain and body can be optimized to its greatest potential.” — Andrew Newberg, MD., director of research Myrna Brind Center for Integrative Medicine and author of How Enlightenment Changes Your Brain “The North Star we’ve been waiting for--finally a distillation of the upper reaches of the human experience unveiled! I am so excited for this book to reach the world!” — Jason Silva, artist, futurist, host of National Geographic's Brain Games “[Stealing Fire is] well-written, well-documented, and significant work.” — Library Journal

    2 in stock

    £10.44

  • Taylor & Francis Healthy High Performance

    Out of stock

    Book SynopsisThe Covid-19 pandemic, with its resulting lockdowns and significant changes to ways of working, has provided the opportunity to redefine the potential role that health and wellbeing can play within organisations.Empowering employees to work in ways that optimise their performance, acknowledging both personal and work demands, has created a new work paradigm that had previously not been considered. All savvy organisations will take this as a point in time to rethink business and HR practice, for the benefits of employees and employers. Written by the Head of Associate Health and Wellbeing (Europe) at Mars Incorporated, Monika Misra, and world-renowned expert on wellbeing in organisations, Cary Cooper, the book provides clear evidence of what worked well during, and now immediately subsequent to, the Covid-19 pandemic to enable individuals and organisations to thrive. Basing recommendations on a robust evidence base and through real life practices within organisations, they pro

    Out of stock

    £34.19

  • Economics for Business, 6e

    McGraw-Hill Economics for Business, 6e

    4 in stock

    Book SynopsisEconomics for Business now in its 6th edition remains an essential introduction to economics for business students. It provides an accessible guide to the practical uses of economics and covers topics on the global economy, GDP growth as a policy, the rise of populism and Brexit.Key features:•Draws on a wealth of contemporary examples to bring economic topics to lifeoFully updated case studies cover contemporary topics such as banking in the UAE, Amazon’s acquisition of Whole Foods, the Disney-Comcast acquisition and the proposed ASDA-Sainsbury merger.•Key economic theories explained within the context of modern businessoUpdated Business applications on issues such as mergers and acquisitions, hedging and membership of the eurozone that connects economic theories to contemporary business life.•Equips students with a practical toolkit of economics skills for businessoTargeted chapter exercises include concept questions, calculations and graphing practice.•Connect® resources such as algorithmic and static questions, application-based activities, graphing tutorials, maths preparedness exercises and a Testbank.Available with McGraw-Hill Education’s Connect®, the well-established online learning platform, which features our award-winning adaptive reading experience as well as resources to help faculty and institutions improve student outcomes and course delivery efficiency. To learn more, visit mheducation.co.uk/connect Table of ContentsSection 1 – Introduction1. Economics for BusinessSection 2 – Understanding Markets2. Consumers in the marketplace3. Firms in the marketplace4. Markets in actionSection 3 – Competition and Profitability5. Market Structure and firm performance6. Strategic rivalry7. Growth strategies8. Governing businessSection 4 – Macroeconomics9. Introduction to the macroeconomy10. Measuring macroeconomic variables and policy issues11. Exchange rates and the balance of payments12. GlobalizationSection 5 – Macroeconomic Policy13. Expenditure and fiscal policy14. Money, banking and interest15. Inflation, output and economic policy16. Supply side policies and economic growth

    4 in stock

    £61.74

  • Britain 1970-2020

    Gretton Books Britain 1970-2020

    5 in stock

    Book Synopsis

    5 in stock

    £7.99

  • Capital and Imperialism: Theory, History, and the

    Monthly Review Press,U.S. Capital and Imperialism: Theory, History, and the

    4 in stock

    Book SynopsisThose who control the world’s commanding economic heights, buttressed by the theories of mainstream economists, presume that capitalism is a self-contained and self-generating system. Nothing could be further from the truth. In this pathbreaking book—winner of the Paul A. Baran-Paul M. Sweezy Memorial Award—radical political economists Utsa Patnaik and Prabhat Patnaik argue that the accumulation of capital has always required the taking of land, raw materials, and bodies from noncapitalist modes of production. They begin with a thorough debunking of mainstream economics. Then, looking at the history of capitalism, from the beginnings of colonialism half a millennium ago to today’s neoliberal regimes, they discover that, over the long haul, capitalism, in order to exist, must metastasize itself in the practice of imperialism and the immiseration of countless people. A few hundred years ago, write the Patnaiks, colonialism began to ensure vast, virtually free, markets for new products in burgeoning cities in the West. But even after slavery was generally abolished, millions of people in the Global South still fell prey to the continuing lethal exigencies of the marketplace. Even after the Second World War, when decolonization led to the end of the so-called “Golden Age of Capitalism,” neoliberal economies stepped in to reclaim the Global South, imposing drastic “austerity” measures on working people. But, say the Patnaiks, this neoliberal economy, which lives from bubble to bubble, is doomed to a protracted crisis. In its demise, we are beginning to see – finally – the transcendence of the capitalist system.Trade Review“The ideas outlined in A Theory of Imperialism are central to understanding the construction of the unequal global system in the past and in the present.” —Samir Amin, author, The Liberal Virus: Permanent War and the Americanization of the World

    4 in stock

    £19.00

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