Economics Books

Book SynopsisIn a market-oriented economy, the terms of contract are frequently weighted in favour of persons of large means. Those who have the command of scarce resources are left free to drive a bargain with those who need such resources but are ill-equipped to compete for their possession. Co-operatives are institutional agencies for achieving social cohesion. In a country whose economic structure has its roots in the villages, co-operation is something more than a series of activities organised on co-operative lines. Basically, its purpose is to evolve a system of co-operative community organisation which touches upon all aspects of life. Co-operatives in India started as a means of ensuring, for the poorly equipped citizens, advantages which better placed persons were able to command by their own individual resources. The principle of mutual aid, which is the basis of co-operative organisation, and the practice of thrift and self-help which sustains it, generate a sturdy feeling of self-reliance which is of basic importance in a democratic way of life. By pooling their experience and knowledge and by helping one another, members of co-operative societies cannot only find the solutions of individual problems but also become better citizens. The present work explains and examines the functioning of co-operative banks in India and select other countries -- including Grameen Bank of Bangladesh -- to understand their role in the globalised world.

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Book SynopsisThe primary aim of this basic book is to familiarize students in (international) English-language programmes with the basics in the fields of finance, finance management and accounting. No prior knowledge of business economics is required.This book is user-friendly, accessible, and yet comprehensive in its approach. It takes an in-depth, integrated look at the principles of management accounting, financial accounting and finance. Examples and case studies from newspapers and professional journals encourage the practical application of the material. Study questions reinforce and test the student's understanding of the key concepts. A glossary of key terms is included at the end of each chapter. The book also contains multiple choice questions and other assignments designed to stimulate thinking about the topics that are discussed.Further self-test materials are available at www.basicsfinancialmanagement.noordhoff.nl including interactive multiple choice questions, exercises, cases and teachers manual.Table of ContentsIntroduction Part I: Businesses and Their Role in the Economy 1. Businesses and Non-Profit Organisations 2. Businesses: Activities and Legal Forms Part II: Finance 3. Financial Planning 4. Capital Budgeting 5. Working Capital Management 6. Capital Structure 7. Financial Statement Analysis 8. Financial Markets Part III: Management Accounting 9. Management Accounting 10. Costs 11. Cost Allocation 12. Budgets and Variance Analysis 13. Direct Costing and Cost-Volume-Profit-Analysis Part IV: Financial Accounting 14. The Annual Report 15. Financial Statements 16. Financial Statements (valuation) 17. Other Components of the Annual Report 18. Shareholding

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Book SynopsisIn the East African jungle, the lion king Kaizaar's tyranny leads to mass murder of weaker animals. Former lamb leader Shaka betrays his kind. Lambs must find refuge, stop the carnage, and restore balance. A leadership fable on survival strategies and finding inner strength.

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Book SynopsisIn 1991, India began the process of liberalizing the economy. But it has been gradual-even import licensing (on consumer goods) was not fully removed till 2001. Between 1991 and 2023, tariff liberalization was reversed twice-first between 1996-1997 to 1999-2000 and then from 2018-2019 onwards. Anti-dumping was also used extensively to exclude the imports of specific products from the most competitive sources. Economist and chairperson of the Sixteenth Finance Commission Arvind Panagariya has closely observed the Indian economy over decades and written extensively about it.

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Book SynopsisThe modern executive faces many challenges. The old days of steady jobs in safe posts are gone. Technology is transforming work, rendering jobs obsolete and constantly moving the goalposts for performance. But the responsibilities and priorities remain as they always were: to the company, the colleagues one works with or leads, to one''s family and oneself. How does one keep improving one''s skills and getting more from life? In this scenario of contradictory goals and ambidextrous skills, the secret lies in ''thinking smart''.

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Book SynopsisBy analyzing the interactions between China’s central government and its local governments and enterprises, this book constructs an analytical framework of government-enterprise collusion, analyzing the impact of collusion within the China model on Chinese society. Against the background of decentralization and under information asymmetry, this text argues that Chinese local governments connive at enterprises’ adoption of a low-cost ‘bad’ mode of production — a ‘stimulus’ for quick growth at the cost of safer working conditions — so as to obtain fiscal or political capital for further promotion. Through an examination of coalmine mortality rate, environmental pollution, food safety and house pricing, the book argues that collusion is the intrinsic drive of the China model. It consider how against a backdrop of political centralization and economic decentralization, collusion exacerbates corruption and impacts both on the country’s social development and on its foreign direct investment. Offering an analysis of future prospects for the China model, it puts forward key policy proposals to improve domestic institutional construction through reform.Table of ContentsPART ONE An Anatomy of the China Model from the Perspective of Collusion.- Introduction.- Government-Firm Collusion: A New Analytical Framework.- Collusion and Coalmine Accidents.- Collusion and House Prices.- Pollution, Illegal Land Use, and Other Major Social Problems.- PART TWO The Impact of Collusion and Institutional Environment.- The Impact of Collusion on Corporate Behaviors and Political Performance Assessment.- The Impact of Collusion on Government Behaviors.- The Impact of Collusion on Social Development.- Institutional Environment of Collusion.- Reform Prospects of the China Model.

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Book SynopsisThe main purpose of this book is to expose economics graduate students and researchers to the most significant development in international trade that has taken place in the recent past. Service transactions now make up a sizeable portion of global trade. Trade in both final and intermediate inputs is done virtually through information and communication networks, raising afresh the question of the basis of trade and calling for in-depth investigation. This book succinctly comes up with a relatively new explanation for the basis of trade, thus it adds a new dimension to three existing building blocks: technology, endowment, and returns to scale. Against a backdrop of standard Ricardian and Heckscher–Ohlin competitive models of trade, the chapters of this book nicely introduce the issue of communication cost and the difference in time zones between two trading nations. Then follow many intricate phenomena such as informality, skill formation, growth, wage inequality, and decisions regarding foreign direct investment (FDI). However, imperfectly competitive models are not dealt with in great detail as they deserve more space than can be allotted to them here. Given the nonexistence of any research-oriented in-depth analyses of competitive trade models with time-zone differences, this book is a valuable addition to the resources available to researchers and policymakers interested in deciphering recent developments in global trade patterns and the subsequent welfare effect.Trade Review“This book is a very important contribution, which successfully and elegantly introduces and establishes time as a new dimension for trade. … An outstanding and attractive feature of the book is extremely well written (to the point) chapters with chapter specific reference and appendices at the end of the chapters … . The book would be of immense value for policy makers, researchers and students alike.” (Suryaprakash Mishra, Journal of Quantitative Economics, Vol. 20, 2022)“This book should find place in every shelves of academic institutions where researchers can get foods for thoughts and generate more fruitful research topics. … This book will show the reader how to tread the path in the right direction … . M-M-N ignited the lamp by providing the theoretical mechanism couched in a lucid framework, and should be congratulated for this magnum opus demarcating a clear path away from orthodoxy.” (Gouranga G. Das, Journal of Economics, Vol. 136 (2), July, 2022)“This excellent book is very timely. … In addition to being an excellent source for role of time in international trade, this book provides a great toolkit that may be used in future research to answer various research questions that deal with the role of time in the trade.” (Reza Oladi, Indian Economic Review, Vol. 55, 2020)Table of ContentsPart I Chapter 1: Introduction Chapter 2: Trade and Time Zones – What We Know Part II : The Time and The Pattern of Trade Chapter 3: Time Zone Differences and Comparative Advantage in Ricardian Model Chapter 4: Time Zone Differences and Trade in Heckscher-Ohlin Setup Chapter 5: Time Zone Differences and Monopolistically Competitive Model Chapter 6: Distance, Production, and Virtual Trade Part III: Trade, Growth and Inequality Chapter 7: Time Zone Differences induced Growth Chapter 8: Separated Time Zone Induced Growth through Virtual Trade Chapter 9: Virtual Labor Mobility and its Distributional and Allocative Impacts Chapter 10: Time Zone Differences, Service Trade and Implications for Factor Prices Part IV: Firm Heterogeneity, FDI and Financial Capital Chapter 11: FDI and Skill Formation in Context of Time Zone Differences Induced Trade Chapter 12: Time Zone Differences, Information Communication Technology, and Mobility of Financial Capital Chapter 13: Role of FDI and Time Zone Differences in The Presence of Heterogeneous Firms Part V: Conclusion Chapter 14: Conclusion and Future AgendaChapter 7: Time Zone Differences induced Growth Chapter 8: Separated Time Zone Induced Growth through Virtual Trade Chapter 9: Virtual Labor Mobility and its Distributional and Allocative Impacts Chapter 10: Time Zone Differences, Service Trade and Implications for Factor Prices Section IV: Firm Heterogeneity, FDI and Financial Capital Chapter 11: FDI and Skill Formation in Context of Time Zone Differences Induced Trade Chapter 12: Time Zone Differences, Information Communication Technology, and Mobility of Financial Capital Chapter 13: Role of FDI and Time Zone Differences in The Presence of Heterogeneous Firms Section V: Conclusion Chapter 14: Conclusion and Future Agenda Bibliography

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Book SynopsisEffective Management of Nonprofit Organizations: Leading Relationshipswith Stakeholders provides practical information, rooted in organizational behavior theory, for the effective and successful management of nonprofit organizations and key stakeholder groups. The book enables the reader to identify the ways in which application of management principles and theory varies between nonprofit and for-profit organizations. It also offers a path to develop the skills necessary to lead a nonprofit, enact organizational change, and create strategic plans, as well as recognize and engage with revenue mechanisms. Using case studies and narrative examples, the book provides the basis for the key skills, including marketing, accounting, entrepreneurship, governance, fundraising, and of course leadership and management. Structured around the key themes of staff, volunteers, donors, and community, topics include diversity, ethics, decision-making, culture, conflict, volunteer en

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Book SynopsisJeffrey M. Perloff is a professor in the Department of Agricultural and Resource Economics at the University of California at Berkeley. His economic research covers industrial organisation, marketing, labour, trade and econometrics. His textbooks are Modern Industrial Organization (with Dennis Carlton), Microeconomics, Microeconomics: Theory and Applications with Calculus, Estimating Market Power and Strategies (with Larry Karp and Amos Golan), and Managerial Economics and Strategy (with James Brander). He has been an editor of Industrial Relations and the Journal of Industrial Organization Education, and an associate editor of the American Journal of Agricultural Economics and the Journal of Productivity Analysis. He has consulted with nonprofit organisations and government agencies (including the Federal Trade Commission and the Departments of Commerce, Justice, and

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Book SynopsisAbout our author Michael Parkin is Professor Emeritus in the Department of Economics at the University of Western Ontario, Canada. Professor Parkin has held faculty appointments at Brown University, the University of Manchester, the University of Essex, and Bond University. He is a past president of the Canadian Economics Association and has served on the editorial boards of the American Economic Review and the Journal of Monetary Economics and as managing editor of the Canadian Journal of Economics. Professor Parkin's research on macroeconomics, monetary economics, and international economics has resulted in over 160 publications in journals and edited volumes, including the American Economic Review, the Journal of Political Economy, the Review of Economic Studies, the Journal of Monetary Economics, and the Journal of Money, Credit and Banking. He became most visible to the public with his work on inflation that discredited the use of wage and priceTable of ContentsPART 1: INTRODUCTION What is Economics? The Economic Problem Demand and Supply PART 2: MONITORING MACROECONOMIC PERFORMANCE Monitoring the Value of Production: GDP Monitoring Jobs and Inflation PART 3: MACROECONOMIC TRENDS Economic Growth Finance, Saving, and Investment Money, the Price Level, and Inflation The Exchange Rate and the Balance of Payments PART 4: MACROECONOMIC FLUCTUATIONS Aggregate Supply and Aggregate Demand Expenditure Multipliers The Business Cycle, Inflation, and Deflation PART 5: MACROECONOMIC POLICY Fiscal Policy Monetary Policy International Trade Policy

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Book SynopsisIn this intellectual biography, the economic historian Michele Alacevich explores the development and trajectory of Albert O. Hirschman’s approach to social-scientific questions. He traces the many strands of Hirschman’s thought and their place in his multifaceted body of work, considering their limitations as well as their strengths.Trade ReviewThe quietly vibrant and open-minded scholarship of Albert O. Hirschman, a mix of modesty and assertiveness about political economy, demography, the history of ideas, democracy and social movements, and analytical theory, deserves this book’s bracing critical engagement. With a sympathetic yet tough-minded disposition, Michele Alacevich thoughtfully assesses the innovative and often inspiring achievements of Hirschman’s field-stretching writings, as well as their lacunae and occasional overstatement. In so doing, his keen appraisal captures not just the range, depth, and verve of the writing but also the urgency of Hirschman’s quest for grounded reform across a considerable range of geography and historical circumstances with an unremitting sense of realism. -- Ira Katznelson, author of Fear Itself: The New Deal and the Origins of Our TimeThis wonderful book offers new insights on a giant of the social sciences. Alacevich places Hirschman’s work in intellectual context and traces its long arc of influence to our day. The book sheds new light not just on Hirschman’s scholarship but also his iconoclasm, deliberate provocativeness, often frustrating focus on the particular rather than the general, and ‘propensity for self-subversion.’ It therefore helps us understand the sharp contrast between the brilliance of Hirschman’s contributions and his outsider status in the academic disciplines he inhabited or trespassed in. -- Dani Rodrik, author of Straight Talk on Trade: Ideas for a Sane World EconomyA superb examination of the vast legacy of a major 20th-century thinker. * Kirkus Reviews (starred) *As a historian, biographer Adelman was less attuned to Hirschman’s subsequent career as an economic theorist – of development, democracy, capitalism, and commitment. Alacevich has provided a perfect complement, a study of the works and life of the author of the classic, Exit, Voice, and Loyalty. -- David Warsh * Economic Principles *The book serves as an excellent introduction and exegesis, yet also situates each episode of Hirschman’s career within a broader, life-long stream of investigation. * Boston Review *A most valuable introduction to the evolution and character of Hirschman’s theories, innovations, and insights. * Society *Fortunately, with Alacevich as our guide, Hirschman is here to teach us how to navigate responsibly a world that will forever surprise and even confound us. * International Affairs *The book is written in a very accessible style and complex debates long gone by are succinctly summarized and understandable for a non-technical readership. * OEconomia *The writing is clear, sharp, and precise. * History of Political Economy *Those interested in the trajectory of Hirschman’s contributions to the field of economics will benefit from this lucid and cogent account. -- Sumit Ganguly * Foreign Policy *Extremely well written, informative and simply a pleasure to read. * History of Economic Ideas *Table of ContentsPreface1. The Formation of an International Political Economist2. The Politics of Power3. Pioneer of Development4. Remaking Development Economics5. An Interdisciplinary Social Science6. The History and Theory of Market Societies7. The Working of Democracy8. The Legacy of Albert HirschmanNotesAbbreviationsBibliographyIndex

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Book SynopsisRecently, social science has had numerous episodes of influential research that was found invalid when placed under rigorous scrutiny. The growing sense that many published results are potentially erroneous has made those conducting social science research more determined to ensure the underlying research is sound.Transparent and Reproducible Social Science Research is the first book to summarize and synthesize new approaches to combat false positives and non-reproducible findings in social science research, document the underlying problems in research practices, and teach a new generation of students and scholars how to overcome them. Understanding that social science research has real consequences for individuals when used by professionals in public policy, health, law enforcement, and other fields, the book crystallizes new insights, practices, and methods that help ensure greater research transparency, openness, and reproducibility. Readers are guided through well-known problems anTrade Review"Reminds us to, occasionally, take a moment for self-reflection to question what we are doing as individual researchers or as a scientific community and whether we should overcome certain habits to get better at our job of explaining the world around us." * Politics and the Life Sciences *Table of ContentsList of Figures List of Tables Acknowledgments PART ONE. INTRODUCTION AND MOTIVATION 1 Introduction 2 What Is Ethical Research? PART TWO. PROBLEMS 3 Publication Bias 4 Specification Searching PART THREE. SOLUTIONS 5 Using All Evidence: Registration and Meta-analysis 6 Pre-analysis Plans 7 Sensitivity Analysis and Other Approaches PART FOUR. PRACTICES 8 Reporting Standards 9 Replication 10 Data Sharing 11 Reproducible Workflow 12 Conclusion Appendix Bibliography Index

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Book SynopsisBeginning with the spectacular rise and subsequent decline of the foreign exchange value of the US dollar in the 1980s, this book covers the debt crisis of developing countries in the 1980s. It also explores the shift from central planning to market economies in many countries in the 1990s.Trade Review"Solomon ... does a credible job of explaining the rise of the U.S. dollar and its fall by the mid-1980's... Of particular note is the chronology of economic events since 1980."--Library Journal "Money on the Move is an excellent, erudite addition to the literature on modern financial history."--Bimal Prodhan, The Times Higher Education Supplement "Solomon's writing is both eminently accessible to the nontechnical reader and intellectually rigorous, making it fascinating reading for policymakers and economists as well. This volume ... offers perhaps the most readable overview of the international monetary system over the past two decades... Solomon brings international policy issues vividly to life without displaying any personal biases or sacrificing insights from economic theory."--Subir Lall, Finance and DevelopmentTable of ContentsPreface and AcknowledgmentsList of Abbreviations and AcronymsCh. 1The Wide-Ranging Dollar, 1980-19903Ch. 2The Developing-Country Debt Crisis34Ch. 3Economic and Monetary Integration in Europe49Ch. 4Economies in Transition: International Effects97Ch. 5The 1990s: Capital Mobility and Its Effects108Ch. 6The Present and Future of the System138App. Chronology of Important Events169Notes177Index201

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Book SynopsisAuthor photo courtesy of the Carlson School of ManagementTrade Review"Digital Renaissance should be consulted by any regulator or legislator being solicited by a forlorn media mogul looking to protect a traditional business from disruptive market forces."---Jonathan A. Knee, New York Times DealBook"The title of his compelling new book—Digital Renaissance—betrays his optimistic thesis, which he backs up with some creative data-sleuthing. . . . Waldfogel’s book offers reassurance to those who fear that the new regime of ones and zeros is undermining cultural production. But his assessment will be far less comforting to denizens of the traditional cultural-industrial complex, not to mention the cultural pessimists bewailing its decline. . . . The big winners in this renaissance, aside from Amazon, Apple, Netflix, and similar platforms, appear to be the outsiders who couldn’t get past the gatekeepers of old, and consumers of culture, who get much more for less."---Daniel Akst, Strategy+Business"The internet . . . has given consumers around the world access to an unimaginable trove of music, movies, television shows and books, all at the touch of a button. But it sometimes seems as if the deluge is watering down popular culture. . . . Joel Waldfogel begs to disagree. In Digital Renaissance, he argues that we not only have more reading, viewing and listening material than ever before, but it’s better. And he’s got data to back that up. Boy does he have data."---Amanda Gomez, Reuters

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Book SynopsisTrade Review"A Choice Outstanding Academic Title of the Year""Indispensable. Deeply researched and powerfully argued, it is easily one of the most important studies of American governance in many years."---Simon Torracinta, Boston Review"Berman is well worth reading for deeply researched detail on how market-fundamentalist economics colonized the administrative state and thus weakened progressivism."---Robert Kuttner, American Prospect"The historical account in Thinking like an Economist, which makes up the bulk of the book, is an original, insightful, and persuasive story. . . . Berman provides a fresh perspective emphasizing a wide variety of microeconomic topics, including antitrust law, antipoverty policy, health care, and the environment."---Jason Furman, Foreign Affairs"Berman is at her best as an archeologist of ideas, digging through archives to excavate the origins of the economic style of reasoning and its takeover of federal policymaking."---Idrees Kahloon, The New Yorker"As a non-economist who writes about economics, I felt seen by Berman."---Peter Coy, New York Times"The import of her book is clear to me. It’s OK to believe there’s value beyond markets and competition, and while efficiency can be a useful goal in many cases, sometimes we should embrace deeper values around fairness, and dare I say it, right and wrong."---John Warner, Chicago Tribune"This outstanding work is highly recommended. . . . Essential." * Choice *"It turns out this kind of thinking—what Berman calls ‘the economic style of reasoning'—has taken over not just environmental policy but the entire US policy bureaucracy, to dismal results. It’s as much something Democrats have done to themselves as anything forced by the right. One always enjoys having one’s priors validated by scholars of much greater distinction than oneself, so I was delighted to read the book."---David Roberts, Volts"A captivating and detailed historical account of the rise of economics and economists’ influence within the US Administration during the 1960s and 1970s."---Cléo Chassonnery-Zaïgouche and Aurélien Goutsmedt, Oeconomia"An engaging account of the role that economists and government advisors with an economics training played in shaping public policy in the US during the post-war period. . . .Very well written and extremely erudite."---Giulio Zanella, Oeconomia

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Book SynopsisTrade Review"In her disturbing book Hate in the Homeland: The New Global Far Right, Professor Cynthia Miller-Idriss argues convincingly that “innovative, flexible and youth-driven ideas” are vital in the battle to counter the online transnational recruiting of fascist zealots."---Martin Chilton, The Independent"A timely book that calls for vigilance against extremism in hitherto unexpected corners, online and off." * Kirkus Reviews *"This is an incredible book . . . that I found impossible to put down. Miller-Idriss has put it together here; the actors, the methods, and the history." * Jason Stanley on Twitter *"In Hate in the Homeland Cynthia Miller-Idriss describes how ideas once limited to extremist circles, such as that of a 'demographic replacement'—whereby American citizens will be overrun—are now promoted by mainstream figures such as Tucker Carlson and Laura Ingraham of Fox News." * The Economist *"Miller-Idriss explains [how] the market for hate is thriving."---Eric Spitznagel, New York Post"Hate in the Homeland locates the issue within a broader analytic context and opens avenues for scholars to develop more fulsome conceptualizations of radicalization and recruitment into far-right extremist ideologies."---Kelsey C. Boismier, Symbolic Interactions"Hate in the Homeland is an important contribution to our understandings of the places and spaces in which young people encounter extremist messages. The author does an excellent job of guiding readers through what can be a tricky epistemological terrain, providing a comprehensive, accessible and thoughtful overview of what the far right is, what they believe and the places and spaces they inhabit. The book will undoubtedly prove very useful to scholars working in the field as well as readers unfamiliar with the topic."---Katherine Williams, London School of Economics Review of Books"Hate in the Homeland is the best account I have read so far on how extensive the mainstreaming of the far right is."---Katrine Fangen, Norsk sosiologisk tidsskrift"It is an important book for anyone trying to piece together what has been happening for the past few years and what can be done about it, because the far right is trending, and it sure shows no sign of withering away."---Axelle Germanaz, Amerikastudien

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Book SynopsisThe author presents an in-depth look at how democratic values have widened the American arts scene, even as it remains elite and cosmopolitan.Trade Review"A critical guide for new directions in the sociology of the arts."---Amanda Koontz, Contemporary Sociology"Entitled tackles a fascinating new dimension, exploring how the definition of art in the United States has broadened over time while remaining unmistakably elite. . . . [A] powerful theory of artistic legitimation that brings us to a much deeper understanding of art in the United States."---Raquel Jimenez, Contexts Magazine"Entitled [is] an authoritative, eye-opening, and astonishingly detailed look at the power struggle over the boundaries of art, as conducted over approximately the last two centuries of American cultural life."---C. Thi Nguyen, Journal of Aesthetics and Art Criticism"The book is full of startling nuggets."---Josephine Livingstone, Times Literary Supplement"[Entitled] traces the almost 200-year-old story of how the objects and performances that educated Americans today consider art came to be 'sacralized' as art. Weaving together historical research with theoretical insights from the sociology of culture, Entitled narrates the transformation in American elite tastes from quasi-European highbrow snobs to omnivorous cosmopolitans"---Sergio Cabrera, Social Forces

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Book Synopsis"A book that examines the growing population of mixed minority-white backgrounds and society"--Trade Review"Winner of the Otis Dudley Duncan Award, Section on Population of the American Sociological Association""A heartening, wise, and profoundly important counternarrative to hysteria." * Kirkus Reviews *"Alba writes with an admirable absence of jargon. His data-driven but fully accessible work advances an original and important idea that, if correct, will have major societal consequences." * Foreign Affairs *"Required reading for everyone who comments or writes on American elections."---Morris Fiorina, Real Clear Politics"A book that American politicians should read. . . . Excellent policy proposals."---Suzanne Model, Ethnic and Racial Studies"An extremely important book. . . . Alba uses a wealth of data and a rigorous historical lens to systematically dismantle this “great demographic illusion,” which is fueling populist backlash and political division."---Eric Kaufmann, American Journal of Sociology"Clearly rooted in sociology and does include data and tables, this is a productive and enlightening read even for those who teach and do research in literary and cultural studies."---Julia Sattler, Amerikastudien/American Studies

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Book SynopsisTrade Review"Work Pray Code presents an extraordinarily fine-grained map of the traffic between religion and profit-seeking among Silicon Valley’s elite."---Fred Turner, Los Angeles Review of Books"A must-read for anyone interested in the rise of mindfulness in corporate culture, and anyone concerned with how Silicon Valley culture might be shaping and distorting modern ideas of the workplace and community-writ-large."---Ravi Chandra, Psychology Today"Fascinating. . . . Work Pray Code is at its best when Chen contextualizes the findings of her research within broader historical and sociological concepts, such as corporate maternalism, the constant productivity push, and reduced civic engagement. . . . her findings should interest (and perhaps alarm) anyone who cares about the health and growth of the American church."---Dorcas Cheng-Tozun, Christianity Today"A rich ethnography of Silicon Valley’s elite. . . . Compelling stories. . . . While Work Pray Code centers on the corporate mindfulness initiatives for elite tech workers, Chen also takes moments to explore the impacts of these programs on larger issues."---J. A. English-Lueck, Science"Work Pray Code offers a rare sociological interrogation of the socio-political forces that direct citizens toward the ends of workplaces while diverting their attention from the ends of a shared public life or democratic practice."---Andrew Lynn, The Hedgehog Review"A meticulous, absorbing ethnography of Silicon Valley workplaces. . . . Through Chen’s sharply focused sociological lens, [the quirks and perks of Silicon Valley work culture] inform a bigger story: about the human search for meaning and security in a world where a handful of companies and people wield so much power over what matters and who wins."---Margaret O’Mara, Foreign Affairs"[Chen’s] questions are eminently important ones."---Bonnie Nadzam, Lion's Roar"Chen reminds us that work is a fickle god, one that loves us only conditionally. She calls us back to genuine worship, to communities that care about us beyond what we can produce."---Jonathan Tran, Christian Century"Anyone who cares about the future of work needs to read this book."---Bob Trube, Bob on Books"A stellar socio-anthropological study of the secular monasteries that dominate our culture, where work is reframed as an act of devotion and devotion is co-opted by the hungry gods of Capital. Be careful what you worship."---James K.A. Smith, author of On the Road with Saint Augustine"Her book, both sociological study and cultural rumination, is worth reading. Filled with interviews with actual employees who've subbed in their work lives for a broader religious or community one. It'll resonate with anyone in the Valley daze."---Antonio García Martínez, author of New York Times bestseller Chaos Monkeys"Deeply researched ethnography. . . . [Chen’s] analysis is at its most powerful in the sections where she lets us hear from the people who manage and deploy spirituality in the workplace."---Anna Gibson, The Arts Fuse"Well-researched and engaging." * Choice *

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Book SynopsisTrade Review"The pandemic has wrapped up and we are getting books that are auditing our policy response. . . . Scott Fulford’s The Pandemic Paradox . . . stuck with me. What we did to reduce poverty was really something, and it’s deeply moving to see all the good we did. Then we let it all go."---Matthew Desmond, Boston Globe"'The Pandemic Paradox’ compellingly argues that federal largess lessened the immediate financial pain of Covid-19. Yet Mr. Fulford is unlikely to change the minds of readers who think that America overspent. If you start with some skepticism about the trillions of dollars in pandemic spending, this book will not eliminate your skepticism. But it will provide you with a thoughtful, panoramic view of the economic changes that occurred after 2020."---Edward Glaeser, Wall Street Journal"The good news: The pandemic took less of a toll on the economy than it might have. The bad news, and thus the paradox of the title: The economic damage will last. As Fulford shows in clear and accessible prose, the world as a whole was unprepared for a devastating pandemic. . . . If you’re wondering about the dollars-and-cents effects of the virus, this book makes a lucid guide." * Kirkus Reviews *"Recommended." * Choice *

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Book SynopsisDuring the 2016 presidential election, both Donald Trump and Bernie Sanders argued that elites were hurting the economy. But, drawing together evidence and theory from across economics, political science, and even finance, Garett Jones says otherwise. In 10% Less Democracy, he makes the case that the richest, most democratic nations would be better off if they slightly reduced accountability to the voting public, turning up the dial on elite influence. To do this, Jones builds on three foundational lines of evidence in areas where he has personal experience. First, as a former staffer in the U.S. Senate, he saw how senators voted differently as elections grew closer. Second, as a macroeconomist, Jones knows the merits of "independent" central banks, which sit apart from the political process and are controlled by powerful insiders. The consensus of the field is that this detached, technocratic approach has worked far better than more political and democratic banking systems. Third, his previous research on the effects of cognitive skills on political, social, and economic systems revealed many ways in which well-informed voters improve government. Discerning repeated patterns, Jones draws out practical suggestions for fine-tuning, focusing on the length of political terms, the independence of government agencies, the weight that voting systems give to the more-educated, and the value of listening more closely to a group of farsighted stakeholders with real skin in the game—a nation's sovereign bondholders. Accessible to political news junkies while firmly rooted and rigorous, 10% Less Democracy will fuel the national conversation about what optimal government looks like.Trade Review"10% Less Democracy is a joy to read. If you liked Freakonomics or Predictably Irrational, you'll love this book. It deserves to be read widely, widely discussed—and acted upon. A tour de force combining the best economic insight with real-world, practical applications. Every chapter demonstrates ways in which reducing democratic control over certain decisions reliably results in better outcomes for all. We should jettison our religious attachment to democracy and see it for what it is: a tool good only in moderation." -- Jason Brennan, author of Cracks in the Ivory Tower"How can we rescue democracy from the slough of despond into which it has fallen? In this lucidly written book, Garett Jones makes the case for a surprising answer: the best way to improve democracy is to have a bit less of it. It's only by handing power to technical experts, lengthening congressional terms, staggering elections, and reducing direct democracy that we can save the invaluable core of democracy from self-destruction." -- Adrian Wooldridge * co-author of Capitalism in America: An Economic History *"Invocation of 'democracy' is one of the most ill-defined canards of modern discourse. In this revisionist work, rooted in common sense, Jones shows that effective representative government does not in fact rest on pure democracy, but does rely on well-functioning elites. Definitely recommended." -- Tyler Cowen * Holbert L. Harris Chair of Economics at George Mazon University, Author of Big Business: A Love Letter to an American Anti-Hero *"The belief in democracy is strong in most rich, democratic countries, even sacred. Why in the world would anyone propose ten percent less of it? The key is sharpening our thinking on what 'democracy' means. Once we allow a sharper definiteion, decision-making by the vote of all, we demystify 'democracy' and more sensibly assess its pluses and minuses. Jones' argument is persuasive and rests on global data." -- Charlotta Stern, Professor of Sociology, Stockholm University * Deputy Director of the Ratio Institute *"If a genie told me that James Madison had been reincarnated as another person and had written an update to the Federalist Papers, I'd say, 'It's Garett Jones and 10% Less Democracy, right?'" -- Tim Groseclose, Professor of Economics * George Mason University *"Mr Jones musters plenty of convincing evidence that fewer elections and more distance between voters and decisions make for better governance." -- The Economist"In his cheeky new book, 10% Less Democracy, the economist Garett Jones makes a counter-zeitgeist case for more 'epistocracy,' or rule by the knowledgeable. Recent weeks have rather made the case for him and altered that zeitgeist." -- Janan Ganesh * Financial Times *"Overall, the book embodies a courageous attempt to grapple with the weaknesses of democratic decision-making... Jones provides copious sparks to reflect on democratic practice by setting out the proposals, pondering their viability and defending their soundness. Stylistically, his reasoning proceeds orderly and fluidly, accompanying the reader with data and examples which contributes in making his thesis clear." -- Paolo Bodini * Ethical Theory and Moral Practice *Table of ContentsIntroduction: The Source of My Idea 1. The Big Benefits of a Small Dose of Democracy 2. Braver Politician 3. Central Bank "Independence" 4. The 2% Solution 5. This Chapter Does Not Apply to Your Country 6. Bondholders as a Separate and Coequal Branch of Government 7. Jonathan Rauch, Prophet of Political Realism 8. The Hard Case of the European Union 9. Singapore: Flourishing with 50% Less Democracy 10. Conclusion: Buying the Right Dose of Democracy

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Book SynopsisGlobalization and the easy access to information shifted the business dynamics in the 21st century. Global competition increases rapidly and firms must keep pace with changing environments, constantly adapting and implementing new methods, strategies and innovations. This book is timely, as it as it offers fresh insights into the new challenges in terms of efficiency and quality improvement, networking and logistics in the globalized world. It also addresses the current developments in the operational and financial system of private enterprises. Finally, the need for managers and leaders and efficiently responds to fluctuating business environment is highlighted and insights are provided to contribute to the ability of managers to make quick and accurate decisions within the supplier network, to obtain the competitive advantage by leveraging of manufacturers.

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Book SynopsisBusinesses and corporate firms run significantly on the manner in which communication in them happen. They have a high degree of dependency on these communications to go well. The book Business and Administrative Communication makes the readers aware with the various kinds of communication abilities that are needed in the business and administrative world. The book comprises proper professional methods of administrative communication and aims to train the readers on these skills. It also aims o trains the readers on the way they must interact with people in the professional world to ensure clear and indicative communication.

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Book Synopsis

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Book SynopsisTrade Review"Peddling Protectionism admirably conveys the context of the events it describes, surveying America's domestic politics in the late 1920s and providing a vivid account of the foreign retaliation that the tariff called forth."--James Grant, Wall Street Journal "In his new book, Douglas A. Irwin tells the fascinating story of how Congress stubbornly passed a bill that, as opponents noted at the time, was truly doomed to fail."--Roger Lowenstein, New Republic's The Book "[Irwin's] account of how the act came about is at once a thorough study and a breezy read. The often overblown rhetoric that Smoot-Hawley has inspired, seemingly from the start, also means that the book is often surprisingly amusing... Mr. Irwin's description of how an attempt to prop up America's agricultural sector metastasised into a law that raised nearly 1,000 import tariffs, mostly on manufacturing products, is fascinating."--Economist "A vivid, anecdotal, judicious telling of a timeless story: what happens when cocksure politicians fall into the grip of a really bad economic idea."--Christopher Caldwell, Financial Times "Peddling Protectionism, by the economist and historian Douglas Irwin, is a vivid, anecdotal, judicious telling of timeless story: what happens when cocksure politicians fall into the grip of a really bad economic idea."--Christopher Caldwell, Financial Times "In Peddling Protectionism, a short, clear and graceful book, in which maps, photographs and cartoons complement the handful of tables and graphs, Irwin makes a surprisingly lively story of the tradition of tariff revisions in the United States, the domestic politics that produced the Smoot-Hawley statute, in particular the various retaliatory measures that ensued... [I]f only economists could write more books like it about other controversies!"--David Warsh, Economic Principals "A short, clear and graceful book."--David Warsh, Economic Principals "In his wonderful new book Peddling Protectionism, Dartmouth College economist and historian Douglas A. Irwin warns that congress, left on its own to fashion trade policy, will quickly be captured by special interests."--Daniel Griswold, Washington Times "Irwin's encyclopedic knowledge of the literature on Smoot-Hawley will make this the standard work on the subject for many years to come... The memory of Smoot-Hawley and its link to the Great Depression is one of the few things that keeps protectionism in check. For this reason, Peddling Protectionism deserves a wide readership."--Fiscal Times "[P]ersuasive."--Arnold Kling, Econlog "The Smoot-Hawley Tariff Act of 1930, named after two congressmen who sponsored it, raised U.S. duties on thousands of imported goods. Its ramifications on world trade reverberated for decades. In this comprehensive history, Irwin examines the political wrangling that caused the yearlong delay in its passage."--Library Journal "A rarity among books of its ilk, Peddling Protectionism is a stellar read both as a historical narrative and an economic text. As mundane as the issues at hand might sound--think of Ben Stein's famous monotonic lecture about Smoot-Hawley in Ferris Bueller's Day Off--Irwin makes them comprehensible and even enjoyable to consider, peppering his text with anecdotes and contemporary political cartoons as he unpacks the economic context that led to the act's passage."--Asa Fitch, The National "A rarity among books of its ilk, Peddling Protectionismis a stellar read... [T]hink of Ben Stein's famous monotonic lecture about Smoot-Hawley in Ferris Bueller's Day Off--Irwin makes [the issues] comprehensible and even enjoyable to consider, peppering his text with anecdotes and contemporary political cartoons as he unpacks the economic context that led to the act's passage."--Asa Fitch, National "Irwin's book is not technical; he summarizes research findings, including his own, but does not formally present models or econometric results. His approach makes the book quite suitable for the interested general reader, undergraduates, and economic historians and other economists interested in the life and times of Smoot-Hawley. Finally, this volume is well priced for individual purchase and is nicely illustrated with a number of photographs and political cartoons of the day. It is also mercifully free of the typos that plague so many university press books these days."--Anthony Patrick O'Brien, EH.Net "Irwin, an economics professor at Dartmouth College and one of the world's leading scholars of international trade, makes a careful, fact-freighted case."--David R. Henderson, Regulation "Irwin's outstanding book will teach even well-informed scholars a great deal... [H]is scholarship is impeccable; his reasoning is sure and never overreaching; and his prose is clean and direct... [T]o date the finest set of words devoted exclusively to that justly infamous spectacle of American protectionism."--Independent Review "Irwin's outstanding book will teach even well-informed scholars a great deal about the history and politics that produced the Smoot-Hawley tariff as well as about its economic and political consequences. Read Irwin's book for the important details... No better guide to Smoot-Hawley's history and consequences is available than Doug Irwin. His scholarship is impeccable; his reasoning is sure and never overreaching; and his prose is clean and direct. His little volume may not be the last word on Smoot-Hawley (Are there ever last words on any subject?), but it is to date the finest set of words devoted exclusively to that justly infamous spectacle of American protectionism."--Donald J. Boudreaux, Independent Review "[I]rwin's recent book Peddling Protectionism demolishes the conventional wisdom [of the Smoot-Hawley tariff]."--Robert J. Samuelson, Wilson Quarterly "[Irwin's book is] eminently readable, and will be of interest to all those concerned with trade policy and the trading system, as well as being valuable for upper division undergraduate seminars. The particulars of the political arguments for and against SH, the quotes of opinions of policy makers, and the marshalling of evidence regarding policy choices and attempts at international cooperation make the period come alive and simultaneously enable a balanced assessment regarding the role of trade policy and its determinants."--Anne O. Krueger, Journal of World Trade Review "[T]his book is a welcome contribution to the field. Several of the old 'wisdoms' regarding the tariff are presented and analysed, and the empirical evidence brought forth by Irwin is convincing. The course of events is concisely presented in a chronological manner. Irwin has collected quite a number of political cartoons, caricatures and quotations to illustrate the debate of contemporaries and scholars that both entertain and point to the gravity of the issue. All this adds nicely to the economic analyses. The lines of arguments and the analyses of the author in the book are convincing and accessible to both scholars and the general reader."--Peter Hedberg, Scandinavian Economic History Review "It is, to put it mildly, a challenge to write an interesting and lively history of tariff policy. In his graceful study of the Smoot-Hawley tariff, economist Douglas Irwin successfully rises to the task... Scholars of the period will find much that is valuable in Irwin's analytical and readable narrative."--Jason Scott Smith, Journal of American Studies

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Book SynopsisTrade Review"Through extensive and unprecedented access to Intel's archives, Malone describes how each of these vital members of Intel brought various skills and talents to the company to make it the giant it is today." -- Entrepreneur's 25 Amazing Business Books from 2014 "This is business history at its best." -- Wall Street Journal "What's been missing is an authoritative work that blends all the key people and the technology with a thorough, up-to-date business history. "The Intel Trinity" fills that gap." -- The Wall Street Journal "What he has produced is popular history, the tale of an epoch-defining industrial romp and the three men who led it." -- Washington Post "The Intel Trinity is a fine introduction to the founding myths legends of Silicon Valley." -- Salon "Richly detailed, swiftly moving work of modern business history, recounting a truly world-changing technology and the people who made it possible. Essential for aspiring entrepreneurs, to say nothing of those looking for a view of how the modern, speed-of-light world came to be." -- Kirkus Reviews (starred review) "Michael Malone, one of the most interesting chroniclers of Silicon Valley, has produced a fascinating history of Intel. It's a valuable study of innovation, great leadership, and colorful personalities. Anyone who wants to know how creativity leads to invention should read this wonderful book." -- Walter Isaacson, author of Steve Jobs "Few people capture the rhythms and values that fuel Silicon Valley as well as longtime journalist Michael S. Malone. In his latest book, he takes on the history of Intel, a company he started covering when most reporters were still using typewriters. He reveals his deep knowledge on every page." -- Reid Hoffman, cofounder & chairman of LinkedIn and co-author of The Alliance "Mike Malone's book on Bob Noyce, Gordon Moore and Andy Grove - Silicon Valley's Mount Rushmore - belongs with Walter Isaacson's treatment of Steve Jobs, Neal Gabler's opus on Walt Disney, and Tom Wolfe's look at the first astronauts. Trinity is that big and that good." -- Rich Karlgaard, Publisher and Columnist, Forbes Magazine, Author of The Soft Edge "Malone moves past the standard Intel mythology to uncover many aspects of the company's ascendance that have been glossed over or lost to history. Malone gives long-overdue credit to the unsung heroes and inventors for their contributions." -- Booklist

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Book SynopsisWinner of the Nobel Prize in Economics Get ready to change the way you think about economics.Trade Review"A sly and somewhat subversive history of [the economics] profession . . . engrossing and highly relevant." -- Jonathan A. Knee - New York Times"Highly enjoyable . . . dense with fascinating examples. . . . It is long past time to replace Econs with Humans, both in theory and in the practice of prediction." -- Carol Tavris - Wall Street Journal"A dryly humorous history of the revolution [Thaler] helped ignite, as well as a useful (if sometimes challenging) primer on its key concepts." -- Julia M. Klein - Chicago Tribune"[A] masterful, readable account of behavioral economics. Very well done." -- David Wessel, Pulitzer Prize-winning journalist, author of Red Ink and Ben Bernanke’s War on the Great Panic"Bound to become a classic. Now established as one of the great figures in the history of economic thought, Thaler has no predecessors. A rebel with a cause . . .[w]here he wins Olympic gold is in keen observation; his greatest insights come from actually looking." -- Cass Sunstein - New Rambler"Entertaining…. An excellent read on the shortcomings of classical economic and finance theory." -- Ronald L. Moy, CFA Institute"The creative genius who invented the field of behavioral economics is also a master storyteller and a very funny man. All these talents are on display in this wonderful book." -- Daniel Kahneman, winner of the Nobel Prize in Economics and author of Thinking, Fast and Slow"The story behind some of the most important insights in modern economics. If I had to be trapped in an elevator with any contemporary intellectual, I’d pick Richard Thaler." -- Malcolm Gladwell"Richard Thaler has been at the center of the most important revolution to happen in economics in the last thirty years. In this captivating book, he lays out the evidence for behavioral economics and explains why there was so much resistance to it. Read Misbehaving. There is no better guide to this new and exciting economics." -- Robert J. Shiller, winner of the Nobel Prize in Economics and author of Finance and the Good Society

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Book SynopsisEver since Adam Smith, the central teaching of economics has been that free markets provide us with material well-being, as if by an invisible hand. In Phishing for Phools, Nobel Prize-winning economists George Akerlof and Robert Shiller deliver a fundamental challenge to this insight, arguing that markets harm as well as help us. As long as thereTrade ReviewGeorge A. Akerlof, Co-Winner of the 2001 Nobel Prize in Economics Robert J. Shiller, Co-Winner of the 2013 Nobel Prize in Economics Winner of the 2016 Gold Medal in Economics, Axiom Business Book Awards One of Foreign Affairs' Best Economic, Social, and Environmental (Economics) Books of 2016 Selected for Bloomberg View's "The Writing that Shaped Economic Thinking in 2016" One of The Times Literary Supplement's Books of the Year 2016, chosen by Paul Collier Honorable Mention for the 2016 PROSE Award in Economics, Association of American Publishers One of The Independent's Best Economics Books 2015 One of LinkedIn's Best Business Books of 2015 One of BusinessInsider.com's Best Business Books of 2015 One of Legal Theory Bookworm's Books of the Year 2015 Longlisted for the Financial Times and McKinsey Business Book of the Year 2015 "[Akerlof and Shiller] want to go far beyond behavioral economics, at least in its current form. They offer a much more general, and quite damning, account of why free markets and competition cause serious problems... They are intellectual renegades... Akerlof and Shiller make a convincing argument that phishing occurs because of the operation of the invisible hand, not in spite of it... [This] extraordinary book tells us something true, and profoundly important, about the operation of the invisible hand."--Cass Sunstein, New York Review of Books "No question, Phishing for Phools is a radical book. It may also be a radically important one."--Fortune "Entertaining, readable and provocative."--John Lanchester, London Review of Books "I highly recommend this, even for those who might disagree with the authors' outlook. Their case studies are illuminating, and their insights on the way markets work are fascinating. When you consider the sorry state of the personal finances of the median working age family in the United States today, it's hard to disagree with their central thesis that our current system isn't working properly."--John Reeves, The Motley Fool, USA Today "A needed call for skeptical economics and financial mindfulness."--Nature "Using compelling examples of flawed decision making from advertising, health care and personal finances, the authors identify our rational weak spots and arm readers with the ability to resist manipulation."--Scientific American Mind "As you would expect, it's a very clearly written book with tons of examples. And it makes a simple and powerful point about the fragility of the normative, welfare economics conclusions economists tend to draw."--Diane Coyle, The Enlightened Economist "Akerlof and Shiller present convincing evidence of how tobacco, pharmaceutical, and liquor companies and politicians weasel a chapter of their own into our life stories, abusing the mutual storytelling--with all its signs and wonders--that is elemental to our humanity."--Peter Lewis, Barnes & Noble Review "With accessible language and everyday examples, Shiller and Akerlof are taking on the powerful belief that aside from a few blemishes (like widening income inequality) only fools advocate interfering with the free market."--Chris Farrell, Minneapolis Star Tribune "The book's central message is certainly thought-provoking."--The Economist "Phishing for Phools forswears technical language, making this book accessible not only to economists but to consumers and policymakers. It should make everyone rethink the unfettered free-market model."--Brenda Jubin, Investing.com "It's a very clearly written book with tons of examples. And it makes a simple and powerful point about the fragility of the normative, welfare economics conclusions economists tend to draw."--Enlightened Economist "Its critique of conventional economics is more powerful and comprehensive--and more paternalistic--than that of Animal Spirits."--Carlos Lozada, Washington Post "[Akerlof's and Shiller's] insight is a powerful one."--Economist.com's Buttonwood blog "Akerlof and Shiller show that unregulated free markets systematically make people worse off by providing the unscrupulous with opportunities to take advantage of the unwary."--Adam Bouyamourn, The National "[Phishing for Phools] serves the important purpose of holding up a mirror to economics, a subject that prides itself on (supposedly) being the most sophisticated of all the social sciences. Economics may look sophisticated on paper, but it is often completely out of touch when it comes to reality."--Victoria Bateman, Times Higher Education "The book offers powerful support for a skeptical view of free markets, but it's also a helpful guide for consumers to avoid getting ripped off in the course of making important purchases."--Chris Matthews, Fortune "An interesting and entertaining new book by George Akerlof and Robert Shiller looks at the role of trickery in market economies. Phishing for Phools explains that sellers are often out to deceive you, and shows that this isn't an occasional glitch in the market system so much as an intrinsic and pervasive trait... Phishing for Phools aims to help readers understand their psychological weaknesses, so that the phishermen can be phended off more ephectively."--Clive Crook, Bloomberg View "Where Akerlof and Shiller break new ground is the sweeping application of the idea of the 'phishing equilibrium' to finance... The style of Phishing for Phools will be familiar to fans of Shiller's work: light on jargon and pacy enough not to outstay its welcome. The authors tell some engaging tales."--Robin Harding, Financial Times "[A] surprisingly readable yet highly original book ... the evidence and explanations marshaled by Akerlof and Shiller are compelling and they have profound political implications ... an enlightening read by two expert economists. It should be required reading for policy makes and for consumers (which is to say, all of us... [An] important, sobering book."--Oliver Kamm, The Times "Narratives in this impressive book tell how to avoid being tricked by means of better enforcement and being told of pending scams... [O]ne of the few titles dealing with fraud in the marketplace."--Library Journal "The authors provide is a ... unifying theory for all kinds of trickery, an economic explanation for why deception is so rampant. It takes many of our scattered findings about humanity's blind spots--both psychological weakness and a lack of perfect information--and weaves them into a comprehensive framework that has the potential to be devastating for free market fundamentalists."--Victoria Finkle, Washington Monthly "Its central idea is an important one and merits more attention."--Emran Mian, Prospect "Phishing for Phools is packed with examples--including subprime mortgages, pharmaceuticals, political campaigns, gym memberships, credit cards, cars and cranberry juice labels--of the pervasiveness of deception and manipulation in our economy and the price it exacts on individuals and the society at large."--Glenn C. Altschuler, Tulsa World "This interesting book is written by economists mainly for economists, but it includes many entertaining stories about business behavior (and some disturbing ones), told in lively and accessible prose."--Foreign Affairs "The book is easy to read and relate; and more importantly will make you start thinking of the number of times you have been phished. The list would be endless!"--Madan Sabnavis, BusinessWorld "This unusual book offers a simple but challenging corrective to the assumptions made by most mainstream economists... Probably not every reader will agree with every interpretation or argument--but every reader will find something that enlightens and stimulates."--James Ledbetter, Yale Alumni Magazine "This book was enjoyable to read, and the expertise and knowledge of the authors are abundantly evident."--William Holcomb, PsycCRITIQUES "Bob and George urge us to slap Adam Smith's invisible hand when it steals from everybody's cookie jar. They ask us to ponder those situations, economic or political, that provide particularly tempting opportunities to phish for phools... Penetrating insights rendered in accessible prose."--Marlene Lang May, CommonwealTable of ContentsPREFACE vii INTRODUCTION Expect to Be Manipulated: Phishing Equilibrium 1 PART ONE Unpaid Bills and Financial Crash CHAPTER ONE Temptation Strews Our Path 15 CHAPTER TWO Reputation Mining and Financial Crisis 23 PART TWO Phishing in Many Contexts CHAPTER THREE Advertisers Discover How to Zoom In on Our Weak Spots 45 CHAPTER FOUR Rip-offs Regarding Cars, Houses, and Credit Cards 60 CHAPTER FIVE Phishing in Politics 72 CHAPTER SIX Phood, Pharma, and Phishing 84 CHAPTER SEVEN Innovation: The Good, the Bad, and the Ugly 96 CHAPTER EIGHT Tobacco and Alcohol 103 CHAPTER NINE Bankruptcy for Profit 117 CHAPTER TEN Michael Milken Phishes with Junk Bonds as Bait 124 CHAPTER ELEVEN The Resistance and Its Heroes 136 PART THREE Conclusion and Afterword CONCLUSION: EXAMPLES AND GENERAL LESSONS New Story in America and Its Consequences 149 AFTERWORD The Significance of Phishing Equilibrium 163 ACKNOWLEDGMENTS 175 NOTES 181 BIBLIOGRAPHY 233 INDEX 257

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Book SynopsisThis revised edition unifies and brings the science of asset pricing up to date for advanced students and professionals.Trade ReviewCo-Winner of the 2001 Paul A. Samuelson award "This is a brilliant and useful book, well-deserving of the TIAA-CREF Samuelson Award... The clever intuition and informal writing style make it a joy to read. Like a star athlete does with the sport, Cochrane makes it look easier than it really is."--Journal of Economic Literature

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Book SynopsisTrade Review"No American writer has done more to comfort the afflicted and afflict the comfortable than John Kenneth Galbraith."--USA Today "With characteristic wit and clarity [Galbraith] suggests that while good money may indeed be driven out by the bad, it is political suicide to assume that the suckers left holding the bad will take it lying down... [T]here is no more current, more judicious, or more entertaining a perspective."--Kirkus "Lively."--Library Journal

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Book Synopsis

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Book SynopsisFrom first economic principles to the financial crisis, this book takes you through the financial crisis of 2007 and 2008 and its resulting global problems and explores economics right from its foundations to the present day.

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