Economics Books
Simon & Schuster Export Sprint How to Solve Big Problems and Test New
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£15.60
Liberty Fund Inc Studies on the Abuse Decline of Reason
Book Synopsis
£10.40
Columbia University Press Building the New American Economy
Book SynopsisJeffrey D. Sachs shows how the United States can find a path to renewed economic progress that is fair and environmentally sustainable. Sachs explores issues including infrastructure, trade deals, energy policy, and income inequality, providing illuminating and accessible explanations of the forces at work and specific policy solutions.Trade ReviewJeffrey Sachs remains one of the most thought-provoking economists in the world today because he dares to challenge presidents of both parties and the orthodoxies that bind them to disastrous policies. His critiques are fierce and his solutions fearless in the face of political and academic groupthink. That makes Professor Sachs a rarity in public life and this book an absolute necessity. -- Joe Scarborough My father famously declared that GDP "measures neither our wit nor our courage, neither our wisdom nor our learning, neither our compassion nor our devotion to our country; it measures everything in short, except that which makes life worthwhile." Jeffrey Sachs presents an economic vision beyond GDP, one that is based on compassion and sustainability, and that aligns with the globally agreed Sustainable Development Goals. This is a roadmap for America's future economic strategy. -- Kerry Kennedy, president of the Robert F. Kennedy Center for Justice and Human RightsTable of ContentsForeword, by Bernie SandersPrefaceAcknowledgments1. Why We Need to Build a New American Economy2. Investment, Saving, and U.S. Long-Term Growth3. Decoding the Federal Budget4. Sustainable Infrastructure After the Automobile Age5. Facing Up to Income Inequality6. Smart Machines and the Future of Jobs7. The Truth About Trade8. Disparities and High Costs Fuel the Health Care Crisis9. A Smart Energy Policy for the United States10. From Guns to Butter11. Investing for Innovation12. Toward a New Kind of Politics13. Restoring Trust in American Governance14. Prosperity in SustainabilitySuggested Further ReadingsNotes
£12.90
Harvard University Press Global Inequality A New Approach for the Age of
Book SynopsisBranko Milanovic presents a bold account of the dynamics that drive inequality on a global scale. Using vast data sets, he explains the forces that make inequality rise and fall within and among nations over time. He reveals who has been helped by globalization, who has been hurt, andwhat policies might tilt the balance toward economic justice.Trade ReviewThe data [Milanovic] provides offer a clearer picture of great economic puzzles, and his bold theorizing chips away at tired economic orthodoxies. * The Economist *In this fascinating book, Milanovic is able to articulate the study of inequality between and within countries in the clearest possible way. A must-read. -- Thomas Piketty, Paris School of EconomicsThis outstanding book adds significantly to recent works by Thomas Piketty, Anthony Atkinson and François Bourguignon. Milanovic concludes that inequality is rising within most countries, although global inequality, albeit huge, has been falling. Unfortunately, he sees no end to the current upswing in inequality in the high-income countries. That creates disturbing political dangers. -- Martin Wolf * Financial Times *[Milanovic] makes a case that the rapid growth of poorer countries since 1988 has brought the first decline in inequality since the Industrial Revolution…The very rich or the very corrupt may still hide their wealth in tax havens. Politicians in developed countries may decry rising inequality. But global trends and new data tell an alternative story about the progress already made to lift the poor. * Christian Science Monitor *Branko Milanović’s much underestimated Global Inequality: A New Approach for the Age of Globalization, now being published in many languages, tells us more than any other recent book about the state of the world we live in and, at a time when hope is so urgently needed, offers us thought-provoking insights into the world we could become. -- Gordon Brown * The Guardian *Continuing with his extraordinarily important work on the empirics of global inequality, Branko Milanovic in this book expands on that work to lay the basis for a more theoretical understanding of the evolution of inequality. It is seen to be the product of two forces: Kuznets cycles of rising and decreasing within-nation inequalities, and convergence of mean incomes among countries. The relative strength of these two forces has profound political implications: Shall we live in the world of class cleavages, or of huge international income gaps? Is the world to be ruled by the global top 1 percent, or by a large global middle class? -- Joseph Stiglitz, Columbia University[Milanovic] believes that growing inequality within countries will not threaten capitalism as a system for allocating economic resources but will pose a serious threat to liberal democracy. As middle classes everywhere get squeezed, the United States will become even more plutocratic, and nativistic populism will become more mainstream in Europe—a process that is already under way, aided in no small part by the influx of migrants, a feature of globalization that is likely to only intensify. -- Richard N. Cooper * Foreign Affairs *[Milanovic] brings an enormous scope of knowledge of recent and past income trends…The data assembled in the book are incredibly useful and will be eye-opening to most readers…There is an enormous amount of valuable material in a short book and he does raise a number of important basic moral questions that deserve careful thought. The book is well worth reading. -- Dean Baker * Huffington Post *Branko Milanovic has written an outstanding book. Global Inequality: A New Approach for the Age of Globalization is informative, wide-ranging, scholarly, imaginative, and commendably brief. As you would expect from one of the world’s leading experts on this topic, Milanovic has added significantly to important recent works by Thomas Piketty, Anthony Atkinson, and François Bourguignon…Ever-rising inequality looks a highly unlikely combination with any genuine democracy. It is to the credit of Milanovic’s book that it brings out these dangers so clearly, along with the important global successes of the past few decades. -- Martin Wolf * Financial Times *Milanovic offers us not just a plethora of facts about income inequality that will surely make his readers think twice. More importantly, he shows us the power of bringing the facts into focus by putting a new lens over these pressing issues—a global perspective…If you do read it, your focus will be sharper, you will be able to see further, perhaps even globally, and your image of a whole host of public policy challenges will be clearer and much more nuanced. -- Miles Corak * American Prospect *Branko Milanovic’s new book is a welcome companion to Thomas Piketty’s Capital in the Twenty-First Century. -- Vicky Pryce * Prospect *[A] seminal book. -- Edward Luce * Financial Times *Global Inequality goes well beyond the narrative of rising inequality captured by French economist Thomas Piketty’s surprise 2014 best-seller, Capital in the Twenty-First Century. In his highly readable account, Milanovic puts that development into the context of the centuries-long ebbs and flows of inequality driven by economic changes, such as the Industrial Revolution, as well epidemics, mass migrations, revolutions, wars and other political upheavals. -- Matt Phillips * Quartz *[Milanovic] brings fresh insights to one of today’s most talked-about issues, clearing up confusion on the way. -- Craig Calhoun * New Statesman *In Global Inequality, Branko Milanovic continues his lifelong investigation into the past, present, and future of inequality, within and between nations and in the world as a whole. Full of new and provocative ideas—including Kuznets waves and citizenship rents—the book will cement Milanovic’s reputation as one of the most thoughtful and enterprising of inequality scholars. -- Angus Deaton, Princeton UniversityThis is a most unusual and stimulating book. It covers a remarkably broad sweep in time, and deals with issues that are central to the future evolution of humanity across the globe. -- Brian Nolan, University of OxfordThis is an important book on an issue which has surprisingly been overlooked in the increasing debate on inequality: global inequality. A must-read. -- Ann Harrison, University of PennsylvaniaMilanovic is one of the first scholars of contemporary income inequality who globalized its study, not just comparing the landscape of income distribution country by country, but integrating all our viewpoints into a global panorama. This book, his latest research and thinking on inequality, gives fresh ideas and insights in global historical perspective, on the profoundly important economic changes in all our lives. This is a book that truly deserves to be read, talked about, and proudly displayed on everyone’s bookshelf. -- Danny Quah, London School of Economics and Political ScienceHard-hitting…Global Inequality reveals that the main losers of the past three decades of globalization have been the western middle classes. No wonder then that politics is turning so populist and pear-shaped in so many countries. In fact, Milanovic quite persuasively puts inequality worldwide at the heart of a wide range of ills, as threatening our economies and threatening our long-cherished democracies too…Whether you agree with his politics or not, the statistical support for Milanovic’s story is as compelling as that garnered by Piketty last year. He is persuasive that political concern about rising inequality is more than a passing fad, and that we need to think about narrowing the gaps, inside countries in particular, if we are going to avoid very ugly social and political developments worldwide. -- David Dodwell * South China Morning Post *Global Inequality: A New Approach for the Age of Globalization is a brilliant and thought-provoking essay stuffed with enough graphs to satisfy the numerati, anecdotes for the general reader and political insights for the policy wonks. Read it. -- Duncan Green * LSE Review of Books *Drawing on two centuries’ worth of household survey data, the book provides an important empirical picture of inequality patterns within and among nations…Milanovic’s marshaling and analysis of the data are an achievement in themselves. But I also appreciated his imaginative vision and probing sensibility, especially in the fascinating final chapter, in which he poses 10 big questions, offers predictions and proposals, and outlines a future filled with both possibility and peril. -- Jeff Kehoe * Harvard Business Review *If there is one book you want to read to understand the tumultuous events of 2016, it has to be Branko Milanovic’s Global Inequality: A New Approach for the Age of Globalization. Using clear prose and armed with tons of data, Milanovic presents a fascinating tale of the rise and wane of global inequality to identify very precisely the winners and losers of globalization within and across countries. In doing so, he revisits some of the hoary assumptions about inequality in economics, and raises disturbing questions about the stability of democratic capitalism. -- Pramit Bhattacharya * Mint *Excellent…can help us better understand inequalities both between and within countries. -- Erik Berglöf * Project Syndicate *From assessing inequality in the Byzantine Empire to musing over where people fall on the global distribution of income, Branko Milanovic has made a name for himself as an innovative thinker in this field. Even before Thomas Piketty made it cool, he was using Jane Austen vignettes to explore historical patterns of inequality. Milanovic’s new book does not disappoint. -- Anthony Annett * Finance and Development *Milanovic provides an illuminating analysis. * Kirkus Reviews *
£18.95
Random House USA Inc Good Strategy Bad Strategy
Book Synopsis
£22.46
Princeton University Press Social and Economic Networks
Book SynopsisNetworks of relationships help determine the careers that people choose, the jobs they obtain, the products they buy, and how they vote. This book offers a comprehensive introduction to social and economic networks, drawing on the findings in economics, sociology, computer science, physics, and mathematics.Trade ReviewHonorable Mention for the 2008 PROSE Award in Economics, Association of American Publishers "Jackson's review of diffusion models is excellent, as tight an overview of these models as I have seen anywhere... Social and Economic Networks is a must-read for all those steeped in the traditional social network analysis paradigm. Economists will find Jackson offers them a superb and accessible introduction to network questions and models. And for others from any social science background curious about social networks, I recommend a careful read of the book."--David Krackhardt, Science "This book deserves the highest recommendations for all readers interested in networks and interdependence. It is written clearly, and could be used both as a starting textbook for a journey to the world of networks and also as an expert guide for scientists studying social and economic networks."--Karoly Takacs, Journal of Artificial Societies and Social Simulation "I strongly recommend this book to any scholar or student interested in networks, not only in economics but in any connected field such as sociology, physics, and applied mathematics. Matthew Jackson's guided tour of the literature on economic and social networks is superb."--Joan de Marti Beltran, Regional Science and Urban Economics "[T]his is a valuable book that raises crucial questions for today's sociologist interested in social networks."--Paola Tubaro, SociologyTable of ContentsPreface xi PART I: BACKGROUND AND FUNDAMENTALS OF NETWORK ANALYSIS Chapter 1 Introduction 3 1.1 Why Model Networks? 3 1.2 A Set of Examples 4 1.3 Exercises 17 Chapter 2: Representing and Measuring Networks 20 2.1 Representing Networks 20 2.2 Some Summary Statistics and Characteristics of Networks 30 2.3 Appendix: Basic Graph Theory 43 2.4 Appendix: Eigenvectors and Eigenvalues 49 2.5 Exercises 51 Chapter 3: Empirical Background on Social and Economic Networks 54 3.1 The Prevalence of Social Networks 55 3.2 Observations on the Structure of Networks 56 PART II: MODELS OF NETWORK FORMATION Chapter 4: Random-Graph Models of Networks 77 4.1 Static Random-Graph Models of Random Networks 78 4.2 Properties of Random Networks 86 4.3 An Application: Contagion and Diffusion 105 4.4 Distribution of Component Sizes 107 4.5 Appendix: Useful Facts, Tools, and Theorems 110 4.6 Exercises 121 Chapter 5: Growing Random Networks 124 5.1 Uniform Randomness: An Exponential Degree Distribution 125 5.2 Preferential Attachment 130 5.3 Hybrid Models 134 5.4 Small Worlds, Clustering, and Assortativity 141 5.5 Exercises 150 Chapter 6: Strategic Network Formation 153 6.1 Pairwise Stability 154 6.2 Efficient Networks 157 6.3 Distance-Based Utility 159 6.4 A Coauthor Model and Negative Externalities 166 6.5 Small Worlds in an Islands-Connections Model 170 6.6 A General Tension between Stability and Efficiency 173 6.7 Exercises 179 PART III: IMPLICATIONS OF NETWORK STRUCTURE Chapter 7: Diffusion through Networks 185 7.1 Background: The Bass Model 187 7.2 Spread of Information and Disease 189 7.3 Search and Navigation on Networks 209 7.4 Exercises 221 Chapter 8: Learning and Networks 223 8.1 Early Theory and Opinion Leaders 224 8.2 Bayesian and Observational Learning 225 8.3 Imitation and Social Influence Models: The DeGroot Model 228 8.4 Exercises 253 Chapter 9: Decisions, Behavior, and Games on Networks 257 9.1 Decisions and Social Interaction 258 9.2 Graphical Games 269 9.3 Semi-Anonymous Graphical Games 273 9.4 Randomly Chosen Neighbors and Network Games 279 9.5 Richer Action Spaces 286 9.6 Dynamic Behavior and Contagion 293 9.7 Multiple Equilibria and Diffusion in Network Games 297 9.8 Computing Equilibria 304 9.9 Appendix: A Primer on Noncooperative Game Theory 308 9.10 Exercises 319 Chapter 10: Networked Markets 327 10.1 Social Embeddedness of Markets and Exchange 328 10.2 Networks in Labor Markets 334 10.3 Models of Networked Markets 353 10.4 Concluding Remarks 365 10.5 Exercises 366 PART IV: METHODS, TOOLS, AND EMPIRICAL ANALYSES Chapter 11: Game-Theoretic Modeling of Network Formation 371 11.1 Defining Stability and Equilibrium 372 11.2 The Existence of Stable Networks 377 11.3 Directed Networks 383 11.4 Stochastic Strategic Models of Network Formation 388 11.5 Farsighted Network Formation 395 11.6 Transfers and Network Formation 399 11.7 Weighted Network Formation 402 11.8 Agent-Based Modeling 406 11.9 Exercises 407 Chapter 12: Allocation Rules, Networks, and Cooperative Games 411 12.1 Cooperative Game Theory 412 12.2 Communication Games 416 12.3 Networks and Allocation Rules 419 12.4 Allocation Rules When Networks Are Formed 425 12.5 Concluding Remarks 430 12.6 Exercises 430 Chapter 13: Observing and Measuring Social Interaction 434 13.1 Specification and Identification 435 13.2 Community Structures, Block Models, and Latent Spaces 443 13.3 Exercises 457 Afterword 459 Bibliography 461 Index 491
£40.50
Penguin Random House India Moong Over Microchips
Book SynopsisAt times hilarious, and other times profound, this book follows his extraordinary story.
£5.48
Taylor & Francis Ltd The CPHIMS Review Guide 4th Edition
Book SynopsisWhether you're taking the CPHIMS exam or simply want the most current and comprehensive overview in healthcare information and management systems today, this completely revised and updated fourth edition has it all. But for those preparing for the CPHIMS exam, this book is also an ideal study partner. The content reflects the outline of exam topics covering healthcare and technology environments; clinical informatics; analysis, design, selection, implementation, support, maintenance, testing, evaluation, privacy and security; and management and leadership. Candidates can challenge themselves with the sample multiple-choice questions given at the end of the book.The benefits of CPHIMS certification are broad and far-reaching. Certification is a process that is embraced in many industries, including healthcare information and technology. CPHIMS is recognized as the gold standard' in healthcare IT because it is developed by HIMSS, has a global focus and is valued by clinicians aTable of ContentsPreface. Acknowledgments. Editor. Section I HEALTHCARE AND TECHNOLOGY ENVIRONMENTS. 1 Healthcare Environment. 2 Technology Environment. Section II CLINICAL INFORMATICS. 3 Clinical Informatics. Section III HEALTHCARE INFORMATION AND SYSTEMS MANAGEMENT 4 Analysis. 5 Design. 6 Selection, Implementation, Support and Maintenance. 7 Testing and Evaluation. 8 Privacy and Security. Section IV MANAGEMENT AND LEADERSHIP. 9 Management and Leadership. 10 Questions. 11 Answer Key. Index.
£147.25
Cambridge University Press The Wealth Paradox Economic Prosperity and the Hardening of Attitudes
Book SynopsisIntegrating theory and research from social psychology, political science, sociology, and history, Mols and Jetten systematically investigate why prosperity and success can also fuel intolerance, social unrest, and intergroup hostility. The Wealth Paradox provides a timely and important re-evaluation of the role that economic forces play in shaping prejudice.Trade Review'Mols and Jetten present a compelling case for the importance of the wealth paradox. This timely and fascinating book should serve as essential reading for all those interested in the continuing debate about economic conditions and hostilities towards minorities and newcomers.' Maykel Verkuyten, Universiteit Utrecht, The Netherlands'A game-changer! Analyses of xenophobia typically focus on the anxieties of those at the bottom of the hierarchy. The authors carefully unsettle the academic and lay assumptions behind that focus and problematise the status concerns of the comparatively well-off. This is a provocative book of immense contemporary significance.' Nick Hopkins, University of Dundee'The Wealth Paradox is a timely, clear and important corrective to the traditional social science assumption that only harsh times and contexts produce xenophobia and prejudice. Mols and Jetten integrate data and theory from history, social psychology, political science and psychology to craft an analysis of relative advantage that will change the way we think about the relationship between wealth and prejudice.' Heather Smith, Sonoma State University, California'This book is an impressive deep dive into the motives of 'people from relatively well-to-do circles', uncovering their leadership role in the protests of the less privileged. The scientific analysis of how and why prosperity also affects intergroup relations calls for a collective responsibility for combatting increasing global inequality.' Inga Jasinskaja-Lahti, University of Helsinki, Finland'… this book deserves an audience beyond academia: this is myth-busting at its most politically useful.' The Times Higher Education SupplementTable of ContentsPart I. What We Know (Or Think We Know): 1. Recognising the elephant; 2. Tracing the origins of 'harsh times' assumptions; 3. Empirical evidence for the 'harsh times producing hard attitudes' hypothesis; Part II. Broadening our Horizon: The 'Wealth Paradox': 4. Rethinking the relationship between wealth and tolerance: national, regional and local trends; 5. Development aid, charitable giving and economic prosperity; 6. The relative nature of wealth; Part III. Understanding the 'Wealth Paradox': 7. Towards an explanation of the wealth paradox: introducing social identity theorising; 8. The wealth paradox explained; 9. The missing link: crafty politicians galvanising latent sentiments; Final words.
£22.99
Princeton University Press Deaths of Despair and the Future of Capitalism
Book SynopsisTrade Review"One of The New York Times 100 Notable Books of 2020""Finalist for the PROSE Award in Economics, Association of American Publishers""Shortlisted for the Financial Times and McKinsey Business Book of the Year""Finalist for the Best Non-Fiction Book, Digital Book World Awards""Finalist for the Best Book Published by a University Press, Digital Book World Awards""One of the Financial Times Selected Titles for 2020 Visions: The Year Ahead in Books""One of New Statesman's Books to Read in 2020""A New York Times Bestseller""A Wall Street Journal Bestseller""One of Next Big Idea Club's Most Anticipated Nonfiction Books of Spring""A New York Times Editors' Choice""One of the Financial Times' Summer Books of 2020: Economics""One of the Strategy+Business Best Business Books 2020 in Economics""One of The Sunday Times' Best Business Books of 2020""Winner of the William G. Bowen Book Award, Industrial Relations Section of Princeton University""An excellent book."---Nicholas Kristof, New York Times"This book is of the highest importance."---Martin Wolf, Financial Times"Deaths of Despair is on a short list of the most important books of the 21st century for what is going on in our country."---David Leonhardt, New York Times columnist"We Americans are reluctant to acknowledge that our economy serves the educated classes and penalizes the rest. But that’s exactly the situation, and Deaths of Despair shows how the immiseration of the less educated has resulted in the loss of hundreds of thousands of lives, even as the economy has thrived and the stock market has soared."---Atul Gawande, New Yorker"A highly important book."---Arlie Russell Hochschild, New York Times Book Review"This highly important book examines the pain and despair among white blue-collar workers and suggests that the hopelessness they are experiencing may eventually extend to the entire American work force." * New York Times Editors’ Choice *"Excellent." * Joyce Carol Oates on Twitter *"Gripping. . . . [Case and Deaton] do not merely rehearse decades of mortality and wage statistics. Rather, they seek to catalogue how an entire way of life first frayed and then fell apart over the past half-century, and the cruelty of an American meritocracy that heaps lavish rewards on the winners while increasingly leaving others to rot."---Joshua Chaffin, Financial Times"A remarkable new book."---John Harris, The Guardian"Disturbing. . . . . Case and Deaton do a great job making the case that something has gone grievously wrong."---Jim Zarroli, NPR"I highly, highly recommend it."---Cardiff Garcia, NPR Planet Money’s The Indicator"[A] remarkable and poignant book."---Dani Rodrik, Project Syndicate"The system is broken and every bit of it needs fixing. This is a sobering – and essential – book."---Diane Coyle, Enlightened Economist"Why economics really matters is illustrated in Deaths of Despair and the Future of Capitalism. . . . The authors argue that the capitalism that lifted countless people out of poverty is now destroying blue-collar America. They have solutions to make it work for all. They had better be right." * New Scientist *"[Case and Deaton] dive into and weave the data through different demographic and clinical lenses — race, gender, age, social connectedness, work history, and the most important through-line: education. Thus Case and Deaton connect the dots, literally, in the many charts that explain what factors are driving the Deaths of Despair."---Jane Sarasohn-Kahn, Health Populi Blog"The rise in premature deaths among working-class whites has become a national crisis, and the authors tie the problem to the weakening position of labor, the growing power of corporations, and to a health-care sector that redistributes working-class wages to the wealthy." * Publishers Weekly *"Although the authors completed this book before the onset of the coronavirus pandemic — it was published four days after President Trump declared a national emergency — their diagnosis is still painfully relevant."---Carlos Lozada, Washington Post"Timely and important."---Ed Balls, Financial Times"Refreshing . . . a careful, deep, and troubling look at the America that lies beyond the Ivy League."---James K. Galbraith, Project Syndicate"Case and Deaton explain how every detail of this crisis unfolded, examining recent historical events and rightly placing much of the blame on the United States’ distinctive strain of capitalism, designed to protect and grow the assets of the wealthy few."---Keri Leigh Merrit, Common Dreams"Anne Case and Angus Deaton are senior economists at Princeton with expertise in public health and poverty, respectively. The combination, plus clear writing and ample doses of caution and open-mindedness, makes Deaths of Despair a compelling book."---Edward Hadas, Reuters BreakingViews"The policies that the authors advocate not only would address deaths of despair, they would improve the health and welfare of the American people more generally."---David Canning, Science"[a] hard-hitting study of US capitalism."---Andrew Robinson, Nature"The authors add an important dimension to the growing body of research on the suffering of African Americans in the US; but their main argument is that it is the uneducated white working class that is now in “long-term and slowly unfolding” freefall."---Anne Nelson, Times Literary Supplement"Complementing their candid prose with enlightening charts and graphs, Case and Deaton make the scale and immediacy of the problem crystal clear. This is an essential portrait of America in crisis." * Publishers Weekly *"Deaths of Despair is designed to shine a light on a generational catastrophe that could—perhaps will—become a multigenerational disaster. It does this with chilling precision."---Mike Jakeman, Strategy+Business"Through simple figures and clear prose, it presents a huge bodyof evidence from the Centers for Disease Control and Prevention’s WONDER database and other sources that the arc of the white working class’s fate over the last two decades is long, but it bends toward nihilism and an early grave."---Gabriel Rossman, Washington Examiner"Elaborately explained and well-presented. . . . Case and Deaton’s well-written and gloomy book was meant as a warning. Relentlessly fighting an infectious disease, the U.S. government seems to have treated it as a handbook."---Joakim Book, American Institute for Economic Research"Well-researched, compassionate."---Susan Babbitt, New York Journal of Books"Simply put, this is a terrific book. I suspect it will be on many people’s top 10 book lists of 2020. Although written before COVID-19, the book’s critique of the US approach to health care and inequality is remarkably prescient. In many ways, the opioid crisis Case and Deaton analyze is a microcosm of the anguish the world is experiencing today, and we would be remiss not to pay attention to their insights."---Kenneth Rogoff, Finance & Development"A must-read for anyone attempting to objectively understand our collective American pain as well as those gaining from it."---Rahul Gupta, Democracy"Important."---Michael Tomasky, Democracy"The best account of [the] White collapse."---David Ignatius, Washington Post"Well researched and incisive. . . . This is a tragic, but important book, and hopefully it helps to nudge the needle towards where badly needed social reforms need to go."---Simon Cocking, Irish Tech News"Building on Case and Deaton’s extraordinarily influential research on the mortality resulting from the tragic opioid epidemic in the United States, this book examines three causes of death – drug overdose, suicide, and alcohol-related liver disease – that have risen rapidly since the mid-1990s. It is extraordinarily well written – sweeping yet succinct. And though it was published before the COVID-19 crisis, its critique of the US approach to health care and inequality is remarkably prescient."---Ken Rogoff, Project Syndicate"I’ll offer my own endorsement from the [New York Times Notable] 100: Deaths of Despair and the Future of Capitalism, by Anne Case and Angus Deaton. It covers arguably the single most alarming development in American life, one that helps explain the frustration pulsing through the country: In many communities, people are not living as long as their parents did."---David Leonhardt, New York Times"[A] well-argued, important book."---Rosamund Urwin, Sunday Times"Case and Deaton’s extraordinary research in this book is an important warning of the consequences this might have for people’s health and wellbeing and family and community life."---Economic Annals, Jelena Žarković
£19.80
McGraw-Hill Education Principles of Economics 2024 Release ISE
Book SynopsisUncover the Essence of Economics with the 2024 Release of Principles of Economics. Dive into the heart of economics with our Principles of Economics 2024 Release. We strip away unnecessary details, focusing on seven core principles that transform students into economic naturalists. Say goodbye to overwhelming encyclopedic texts; this approach ensures all backgrounds gain practical economic insights. Step beyond the theoretical: engaging questions, explanations, exercises, and videos connect economic principles to everyday experiences. Whether it''s using the ATM or buying airline tickets, students become economic naturalists who apply basic principles to decipher the world around them. Economic Naturalist, Learning Glass concept overview and Worked Problem videos, created by the authors, provide a clear understanding of complex concepts. No more struggling with abstract ideas; videos make learning both accessible and enjoyable. Frank, Nobel-Prize
£58.49
Cengage Learning, Inc Investment Analysis and Portfolio Management
Book SynopsisLearn to manage your money to maximize your earning potential with Reilly/Brown/Leeds' INVESTMENT ANALYSIS AND PORTFOLIO MANAGEMENT, 12th Edition. The extremely reader-friendly, succinct 18 chapters equips you with a solid understanding of investment instruments, capital markets, behavioral finance, hedge funds, international investing and much more. Real-world examples and hands-on applications bring chapter concepts to life as you learn to use the same tools as investment professionals. The 12th edition's unparalleled international coverage provides specific information on non-U.S. markets, instruments, conventions and techniques. New detailed discussions explain the impact of changes in both technology, regulations and ESG mandates on global security markets. In addition, three chapters are devoted to derivatives securities, which are now standard investment instruments.
£312.04
Princeton University Press Patient Capital
Book SynopsisTrade Review"Few scholarly, well-researched books have been written on long-term private investing. Victoria Ivashina and Josh Lerner have undertaken a real public service in writing what will undoubtedly become the definitive book on the subject. My only regret in reading this book is that I did not write it."—David Rubenstein, Co-Founder and Co-Executive Chairman, The Carlyle Group "You may not think your life depends on long-term investors, but it does—the health of your company's pension plan, your state or country's social security fund, indeed the very comfort of your retirement, depends on the success of long-term investing. In this very readable book, Ivashina and Lerner, two of the foremost experts on the subject, tell you what is going wrong, and how to set it right. It is a must-read for every anxious investor and every concerned taxpayer."—Raghuram Rajan, University of Chicago" 'The trees that are slowest to grow bear the best fruit,' Molière says. And that is why this lucid and refreshing account of how to overcome the barriers to long-term investment deserves the attention of pension funds, insurers, sovereign wealth funds, and endowments. After all, the potential fruits are not just quality returns, but significant benefits to society."—Dominique Senequier, President, Ardian"The antidote for short-term horizons in public markets is long-term investment in private markets. In Patient Capital, Ivashina and Lerner survey the private equity world, employing an engaging combination of captivating anecdotes and solid academic research. A must-read for all who care about the future of capitalism."—David F. Swensen, Chief Investment Officer, Yale University“This book provides a thorough and thoughtful analysis of the role that patient, long-term capital plays in the economy. Ivashina and Lerner do a wonderful job of combining clear and intuitive explanations with entertaining anecdotes that keep the reader’s attention and make it easier to understand the underlying ideas. At every point their in-depth knowledge shines through and makes for a very enjoyable read.”—Antoinette Schoar, MIT Sloan School of Management“Patient Capital is a compelling and thought-provoking book about an important but poorly understood aspect of finance—the role of long‐term investors in our capital markets. It will appeal to finance scholars; those who work for pension funds, endowments, insurance companies, sovereign wealth funds, and the venture capital and private equity industries; and entrepreneurs who rely on them for financing.”—Jeffrey R. Brown, Dean of the University of Illinois’s Gies College of Business and Investment Committee Chair for TIAA
£22.50
John Wiley & Sons Inc TechnoNationalism
Book Synopsis
£22.94
MIT Press Ltd The AI Conundrum
Book Synopsis
£25.50
Cengage Learning, Inc Business Analytics
Book SynopsisMaster data analysis, modeling and spreadsheets with Albright/Winston's BUSINESS ANALYTICS: DATA ANALYSIS & DECISION MAKING, 8TH EDITION. This analytical approach delivers a proven teach-by-example approach, student-friendly writing and integration with Excel. The data-oriented new edition covers the two main Power BI tools in Excel, Power Query and Power Pivot, and includes sections on implementing these tools in Power BI Desktop. Current problems and cases demonstrate the importance of the concepts you are learning. MindTap, the online learning platform, provides a wealth of helpful study tools such as interactive eBook, Excel assignments and homework, videos and much more.Table of Contents1. Introduction to Business Analytics. Part 1: DATA ANALYSIS. 2. Describing the Distribution of a Variable. 3. Finding Relationships among Variables. 4. Business Intelligence (BI) Tools for Data Analysis: Power Query. 5. Business Intelligence (BI) Tools for Data Analysis: Power Pivot. Part 2: PROBABILITY AND DECISION MAKING UNDER UNCERTAINTY. 6. Probability and Probability Distributions. 7. Decision Making under Uncertainty. Part 3: STATISTICAL INFERENCE, REGRESSION ANALYSIS, and TIME SERIES FORECASTING. 8. Statistical Inference. 9. Regression Analysis: Estimating Relationships. 10. Regression Analysis: Statistical Inference. 11. Time Series Analysis and Forecasting. Part 4: OPTIMIZATION AND SIMULATION MODELING. 12. Introduction to Optimization Modeling. 13. Optimization Models. 14. Introduction to Simulation Modeling. 15. Simulation Models. Part 5: ADVANCED DATA ANALYSIS. 16. Data Mining: Classification. 17. Data Mining: Clustering and Market Basket Analysis. Part 7: BONUS ONLINE MATERIAL. 18. Analysis of Variance and Experimental Design. 19. Statistical Process Control. Appendix A: Statistical Reporting.
£274.23
MIT Press The Curious Culture of Economic Theory
Book SynopsisAn essay collection that insightfully explores the professional culture of contemporary economic theory, highlighting key features of successful economic theory from the last quarter century.When is a theoretical result taken seriously enough for economic application? How do theorists actively try to influence this judgment? What determines whether a new theoretical subfield adopts a “pure” or an “applied” style? How do theorists respond to economists’ penchant for “rational” explanations of human behavior? These are just some of the questions regarding the professional culture of contemporary economic theory that Ran Spiegler attempts to answer in this incisive essay collection, The Curious Culture of Economic Theory. In exploring these questions, Spiegler addresses the norms that economic theorists apply as they produce, evaluate, and disseminate research.Introducing a new genre—a kind of cultural criticism
£32.00
Princeton University Press The Economics of Sovereign Debt and Default
Book Synopsis
£27.00
Legare Street Press Tradesmens Tokens Current in London and Its Vicinity Between the Years 1648 and 1672
£18.95
John Wiley & Sons Inc International Economics EMEA Edition
Book SynopsisInternational Economics, 13th Edition provides students with a comprehensive, up-to-date review of the field's essential principles and theory. This comprehensive textbook explains the concepts necessary to understand, evaluate, and address the economic problems and issues the nations of the world are currently facing, and are likely to face in the future. Balancing depth and accessibility, the text helps students identify the real-world relevance of the material through extensive practical applications and examples. The new, thoroughly-updated and expanded edition provides students with a solid knowledgebase in international trade theory and policy, balance of payments, foreign exchange markets and exchange rates, open-economy macroeconomics, and the international monetary system. The text uniquely employs the same graphical and numerical model in chapters that cover the same basic concept, allowing students to recognize the relationship among the different topics witTable of Contents1 Introduction 1 1.1 The Globalization of the World Economy 1 1.2 International Trade and the Nation’s Standard of Living 4 1.3 The International Flow of Goods, Services, Labor, and Capital 8 1.4 International Economic Theories and Policies 12 1.5 Current International Economic Problems and Challenges 14 1.6 Organization and Methodology of the Text 16 Summary 18 Key Terms 19 Questions For Review 19 Problems 19 Appendix 20 A1.1 Basic International Trade Data 20 A1.2 Sources of Additional International Data and Information 24 OC Selected Bibliography OC INTERNet Part 1 International Trade Theory 2 The Law of Comparative Advantage 29 2.1 Introduction 29 2.2 The Mercantilists’ Views on Trade 30 2.3 Trade Based on Absolute Advantage: Adam Smith 32 2.4 Trade Based on Comparative Advantage: David Ricardo 33 2.5 Comparative Advantage and Opportunity Costs 38 2.6 The Basis for and the Gains from Trade under Constant Costs 42 2.7 Empirical Tests of the Ricardian Model 44 Summary 47 Key Terms 48 Questions for Review 48 Problems 49 Appendix 50 A2.1 Comparative Advantage with More Than Two Commodities 50 A2.2 Comparative Advantage with More Than Two Nations 52 OC Selected Bibliography OC INTERNet 3 The Standard Theory of International Trade 53 3.1 Introduction 53 3.2 The Production Frontier with Increasing Costs 53 3.3 Community Indifference Curves 56 3.4 Equilibrium in Isolation 57 3.5 The Basis for and the Gains from Trade with Increasing Costs 60 3.6 Trade Based on Differences in Tastes 67 Summary 68 Key Terms 69 Questions for Review 69 Problems 69 Appendix 70 A3.1 Production Functions, Isoquants, Isocosts, and Equilibrium 71 A3.2 Production Theory with Two Nations, Two Commodities, and Two Factors 72 A3.3 Derivation of the Edgeworth Box Diagram and Production Frontiers 73 A3.4 Some Important Conclusions 76 OC Selected Bibliography OC INTERNet 4 Demand and Supply, Offer Curves, and the Terms of Trade 77 4.1 Introduction 77 4.2 The Equilibrium-Relative Commodity Price with Trade—Partial Equilibrium Analysis 77 4.3 Offer Curves 80 4.4 The Equilibrium-Relative Commodity Price with Trade—General Equilibrium Analysis 83 4.5 Relationship Between General and Partial Equilibrium Analyses 84 4.6 The Terms of Trade 86 Summary 88 Key Terms 89 Questions for Review 89 Problems 89 Appendix 90 A4.1 Derivation of a Trade Indifference Curve for Nation 1 90 A4.2 Derivation of Nation 1’s Trade Indifference Map 92 A4.3 Formal Derivation of Nation 1’s Offer Curve 92 A4.4 Outline of the Formal Derivation of Nation 2’s Offer Curve 94 A4.5 General Equilibrium of Production, Consumption, and Trade 96 A4.6 Multiple and Unstable Equilibria 96 OC Selected Bibliography OC INTERNet 5 Factor Endowments and the Heckscher–Ohlin Theory 99 5.1 Introduction 99 5.2 Assumptions of the Theory 100 5.3 Factor Intensity, Factor Abundance, and the Shape of the Production Frontier 101 5.4 Factor Endowments and the Heckscher–Ohlin Theory 107 5.5 Factor–Price Equalization and Income Distribution 112 5.6 Empirical Tests of the Heckscher–Ohlin Model 119 Summary 125 Key Terms 126 Questions for Review 127 Problems 127 Appendix 128 A5.1 The Edgeworth Box Diagram for Nation 1 and Nation 2 129 A5.2 Relative Factor–Price Equalization 130 A5.3 Absolute Factor–Price Equalization 132 A5.4 Effect of Trade on the Short-Run Distribution of Income: The Specific-Factors Model 132 A5.5 Illustration of Factor–Intensity Reversal 134 A5.6 The Elasticity of Substitution and Factor–Intensity Reversal 136 A5.7 Empirical Tests of Factor–Intensity Reversal 137 OC Selected Bibliography OC INTERNet 6 Economies of Scale, Imperfect Competition, and International Trade 138 6.1 Introduction 138 6.2 The Heckscher–Ohlin Model and New Trade Theories 138 6.3 Economies of Scale and International Trade 140 6.4 Imperfect Competition and International Trade 143 6.5 Trade Based on Dynamic Technological Differences 152 6.6 Costs of Transportation, Environmental Standards, and International Trade 156 Summary 160 Key Terms 161 Questions for Review 161 Problems 162 Appendix 162 A6.1 External Economies and the Pattern of Trade 162 A6.2 Dynamic External Economies and Specialization 164 OC Selected Bibliography OC INTERNet 7 Economic Growth and International Trade 166 7.1 Introduction 166 7.2 Growth of Factors of Production 167 7.3 Technical Progress 169 7.4 Growth and Trade: The Small-Country Case 172 7.5 Growth and Trade: The Large-Country Case 177 7.6 Growth, Change in Tastes, and Trade in Both Nations 182 Summary 184 Key Terms 185 Questions for Review 185 Problems 186 Appendix 187 A7.1 Formal Proof of the Rybczynski Theorem 187 A7.2 Growth with Factor Immobility 189 A7.3 Graphical Analysis of Hicksian Technical Progress 190 OC Selected Bibliography OC INTERNet Part 2 International Trade Policy 8 Trade Restrictions: Tariffs 195 8.1 Introduction 195 8.2 Partial Equilibrium Analysis of a Tariff 197 8.3 The Theory of Tariff Structure 203 8.4 General Equilibrium Analysis of a Tariff in a Small Country 207 8.5 General Equilibrium Analysis of a Tariff in a Large Country 210 8.6 The Optimum Tariff 212 Summary 213 Key Terms 214 Questions for Review 214 Problems 215 Appendix 216 A8.1 Partial Equilibrium Effects of a Tariff in a Large Nation 216 A8.2 Derivation of the Formula for the Rate of Effective Protection 218 A8.3 The Stolper–Samuelson Theorem Graphically 219 A8.4 Exception to the Stolper–Samuelson Theorem—The Metzler Paradox 221 A8.5 Short-Run Effect of a Tariff on Factors’ Income 222 A8.6 Measurement of the Optimum Tariff 224 OC Selected Bibliography OC INTERNet 9 Nontariff Trade Barriers and the New Protectionism 226 9.1 Introduction 226 9.2 Import Quotas 226 9.3 Other Nontariff Barriers and the New Protectionism 229 9.4 The Political Economy of Protectionism 238 9.5 Strategic Trade and Industrial Policies 242 9.6 History of U.S. Commercial Policy 246 9.7 The Uruguay Round, the Failed Doha Round, and the Outstanding Trade Problems 250 Summary 255 Key Terms 256 Questions for Review 257 Problems 257 Appendix 258 A9.1 Centralized Cartels 258 A9.2 International Price Discrimination 259 A9.3 Tariffs, Subsidies, and Domestic Goals 260 OC Selected Bibliography OC INTERNet 10 Economic Integration: Customs Unions and Free Trade Areas 262 10.1 Introduction 262 10.2 Trade-Creating Customs Union 263 10.3 Trade-Diverting Customs Unions 264 10.4 The Theory of the Second Best and Other Static Welfare Effects of Customs Unions 266 10.5 Dynamic Benefits from Customs Unions 268 10.6 History of Attempts at Economic Integration 269 Summary 280 Key Terms 281 Questions for Review 281 Problems 281 Appendix 282 A10.1 General Equilibrium Analysis of the Static Effects of a Trade-Diverting Customs Union 282 A10.2 Regional Trade Agreements and Other Groups Around the World in June 2018 284 OC Selected Bibliography OC INTERNet 11 International Trade and Economic Development 289 11.1 Introduction 289 11.2 The Importance of Trade to Development 290 11.3 The Terms of Trade and Economic Development 295 11.4 Export Instability and Economic Development 300 11.5 Import Substitution versus Export Orientation 303 11.6 Current Problems Facing Developing Countries 307 Summary 313 Key Terms 313 Questions for Review 314 Problems 314 Appendix 315 A11.1 Income Inequalities by Traditional and Purchasing-Power Parity (PPP) Measures 315 A11.2 The World by Income 316 OC Selected Bibliography OC INTERNet 12 International Resource Movements and Multinational Corporations 319 12.1 Introduction 319 12.2 Some Data on International Capital Flows 320 12.3 Motives for International Capital Flows 323 12.4 Welfare Effects of International Capital Flows 326 12.5 Multinational Corporations 329 12.6 Motives for and Welfare Effects of International Labor Migration 334 Summary 338 Key Terms 339 Questions for Review 339 Problems 339 Appendix 340 A12.1 The Transfer Problem 340 A12.2 International Trade, Financial and Aid Flows, and Migration 341 OC Selected Bibliography OC INTERNet Part 3 The Balance of Payments, Foreign Exchange Markets, and Exchange Rates 13 Balance of Payments 347 13.1 Introduction 347 13.2 Balance of Payments Accounting 348 13.3 The International Transactions of the United States 350 13.4 Accounting Balances and the U.S. Balance of Payments 353 13.5 The Postwar Balance of Payments of the United States 353 13.6 The Importance of the Current Account 356 13.7 The International Investment Position of the United States 357 Summary 360 Key Terms 361 Questions for Review 361 Problems 362 Appendix 362 A13.1 The IMF Method of Reporting International Transactions 362 OC Selected Bibliography OC INTERNet 14 Foreign Exchange Markets and Exchange Rates 366 14.1 Introduction 366 14.2 Functions of the Foreign Exchange Markets 366 14.3 Foreign Exchange Rates 370 14.4 Spot and Forward Rates, Currency Swaps, Futures, and Options 376 14.5 Foreign Exchange Risks, Hedging, and Speculation 379 14.6 Interest Arbitrage and the Efficiency of Foreign Exchange Markets 385 14.7 Eurocurrency or Offshore Financial Markets 392 Summary 396 Key Terms 397 Questions for Review 398 Problems 398 Appendix 399 A14.1 Derivation of the Formula for the Covered Interest Arbitrage Margin 399 OC Selected Bibliography OC INTERNet 15 Exchange Rate Determination 401 15.1 Introduction 401 15.2 Purchasing-Power Parity Theory 402 15.3 Monetary Approach to the Balance of Payments and Exchange Rates 407 15.4 Portfolio Balance Model and Exchange Rates 416 15.5 Exchange Rate Dynamics 421 15.6 Empirical Tests of the Monetary and Portfolio Balance Models and Exchange Rate Forecasting 425 Summary 428 Key Terms 429 Questions for Review 429 Problems 429 Appendix 431 A15.1 Formal Monetary Approach Model 431 A15.2 Formal Portfolio Balance Model and Exchange Rates 433 OC Selected Bibliography OC INTERNet Part 4 Open-Economy Macroeconomics and the International Monetary System 16 The Price Adjustment Mechanism with Flexible and Fixed Exchange Rates 437 16.1 Introduction 437 16.2 Adjustment with Flexible Exchange Rates 438 16.3 Effect of Exchange Rate Changes on Domestic Prices and the Terms of Trade 441 16.4 Stability of Foreign Exchange Markets 443 16.5 Elasticities in the Real World 445 16.6 Adjustment under the Gold Standard 454 Summary 456 Key Terms 457 Questions for Review 457 Problems 458 Appendix 458 A16.1 The Effect of Exchange Rate Changes on Domestic Prices 458 A16.2 Derivation of the Marshall–Lerner Condition 460 A16.3 Derivation of the Gold Points and Gold Flows Under the Gold Standard 462 OC Selected Bibliography OC INTERNet 17 The Income Adjustment Mechanism and Synthesis of Automatic Adjustments 464 17.1 Introduction 464 17.2 Income Determination in a Closed Economy 465 17.3 Income Determination in a Small Open Economy 468 17.4 Foreign Repercussions 476 17.5 Absorption Approach 479 17.6 Monetary Adjustments and Synthesis of the Automatic Adjustments 481 Summary 484 Key Terms 485 Questions for Review 485 Problems 486 Appendix 487 A17.1 Derivation of Foreign Trade Multipliers with Foreign Repercussions 487 A17.2 The Transfer Problem Once Again 489 OC Selected Bibliography OC INTERNet 18 Open-Economy Macroeconomics: Adjustment Policies 491 18.1 Introduction 491 18.2 Internal and External Balance with Expenditure-Changing and Expenditure-Switching Policies 494 18.3 Equilibrium in the Goods Market, in the Money Market, and in the Balance of Payments 496 18.4 Fiscal and Monetary Policies for Internal and External Balance with Fixed Exchange Rates 498 18.5 The IS–LM–BP Model with Flexible Exchange Rates 506 18.6 Policy Mix and Price Changes 510 18.7 Direct Controls 516 Summary 519 Key Terms 520 Questions for Review 520 Problems 521 Appendix 522 A18.1 Derivation of the IS Curve 522 A18.2 Derivation of the LM Curve 524 A18.3 Derivation of the BP Curve 525 A18.4 Mathematical Summary 527 OC Selected Bibliography OC INTERNet 19 Prices and Output in an Open Economy: Aggregate Demand and Aggregate Supply 528 19.1 Introduction 528 19.2 Aggregate Demand, Aggregate Supply, and Equilibrium in a Closed Economy 528 19.3 Aggregate Demand in an Open Economy Under Fixed and Flexible Exchange Rates 534 19.4 Effect of Economic Shocks and Macroeconomic Policies on Aggregate Demand in Open Economies with Flexible Prices 536 19.5 Effect of Fiscal and Monetary Policies in Open Economies with Flexible Prices 539 19.6 Macroeconomic Policies to Stimulate Growth and Adjust to Supply Shocks 544 Summary 549 Key Terms 550 Questions for Review 550 Problems 551 OC Selected Bibliography OC INTERNet 20 Flexible Versus Fixed Exchange Rates, the European Monetary System, and Macroeconomic Policy Coordination 552 20.1 Introduction 552 20.2 The Case for Flexible Exchange Rates 553 20.3 The Case for Fixed Exchange Rates 555 20.4 Optimum Currency Areas, the European Monetary System, and the European Monetary Union 562 20.5 Currency Boards Arrangements and Dollarization 571 20.6 Exchange Rate Bands, Adjustable Pegs, Crawling Pegs, and Managed Floating 573 20.7 International Macroeconomic Policy Coordination 578 Summary 580 Key Terms 581 Questions for Review 581 Problems 581 Appendix 582 A20.1 Exchange Rate Arrangements 582 OC Selected Bibliography OC INTERNet 21 The International Monetary System: Past, Present, and Future 586 21.1 Introduction 586 21.2 The Gold Standard and the Interwar Experience 587 21.3 The Bretton Woods System 590 21.4 Operation and Evolution of the Bretton Woods System 592 21.5 U.S. Balance-of-Payments Deficits and Collapse of the Bretton Woods System 596 21.6 The International Monetary System: Present and Future 599 Summary 615 Key Terms 616 Questions for Review 617 Problems 617 Appendix 618 A21.1 International Reserves: 1950–2018 618 OC Selected Bibliography OC INTERNet Glossary of Key Terms G-1 Name Index I-1 Subject Index I-5
£51.29
Princeton University Press Why Minsky Matters
Book SynopsisPerhaps no economist was more vindicated by the global financial crisis than Hyman P. Minsky (1919-96). Although a handful of economists raised alarms as early as 2000, Minsky's warnings began a half-century earlier, with writings that set out a compelling theory of financial instability. Yet even today he remains largely outside mainstream economiTrade Review"An accessible introduction to the economist who saw the global financial crisis coming."--Bookseller Buyer's Guide "Written in clear prose, with Minsky's idiosyncratic ideas and language patiently explained ... [this book] provides the best general introduction to Minsky's economics."--Edward Chancellor, Reuters Breaking Views "I came away from the book with considerably more understanding of Minsky's views and a greater respect for them."--Arnold Kling, Econlib "[A] crystal-clear summary of Minsky's life's work... While Minsky is now quite well known, his contributions are still widely ignored or misunderstood. This makes Wray's book a godsend... By making his insights accessible to a general audience for the first time, Wray's book has the potential to transform the future of economic policymaking and, with it, to create a better life for future generations."--Victoria Bateman, Times Higher Education "A useful and accessible overview of both what Minsky said and--as the title puts it--why it matters."--Diane Coyle, The Enlightened Economist blog "Why Minsky Matters ... brings together the maverick economist's work in a more accessible form."--Ishan Bakshi, Business Standard "Why Minsky Mattersserves up a rich variety of concepts that will stimulate and inform anyone concerned about the fate of the economy. If you want to know where we are going, it helps to know where we have come from, andWhy Minsky Mattersprovides an essential road map for that journey--past, present, and future."--Financial Analysts Journal "A highly readable overview of the contributions of Hyman Minsky, and justifies the title as to how Minsky matters."--Malcolm Sawyer, Journal of Economic Literature "One might think this book is a biography of the economist Hyman Minsky, but it is much more than that. In a thoroughly engaging, elucidating way, the author summarizes macroeconomic theories from Adam Smith to Keynes and the present."--Choice "A fine book that successfully brings Minsky's great contributions to our attention again. If there should be an after-life, one of its purest pleasures for me would be to have the chance to discuss monetary analysis with Hyman Minsky for a sizeable chunk of eternity. Wray's book gives a foretaste of such heavenly interaction."--Charles Goodhart, European Journal of the History of Economic ThoughtTable of ContentsPreface vii Introduction 1 1 Overview of Minsky's Main Contributions 21 2 Where Did We Go Wrong? Macroeconomics and the Road Not Taken 47 3 Minsky's Early Contributions: The Financial Instability Hypothesis 71 4 Minsky's Views on Money and Banking 87 5 Minsky's Approach to Poverty and Unemployment 109 6 Minsky and the Global Financial Crisis 137 7 Minsky and Financial Reform 163 8 Conclusion: Reforms to Promote Stability, Democracy, Security, and Equality 193 Notes 223 Further Reading 253 The Collected Writings of Hyman P. Minsky 257 Index 269
£19.00
Cambridge University Press How to Divide When There Isnt Enough
Book SynopsisHow to Divide When There Isn''t Enough develops a rigorous yet accessible presentation of the state-of-the-art for the adjudication of conflicting claims and the theory of taxation. It covers all aspects one may wish to know about claims problems: the most important rules, the most important axioms, and how these two sets are related. More generally, it also serves as an introduction to the modern theory of economic design, which in the last twenty years has revolutionized many areas of economics, generating a wide range of applicable allocations rules that have improved people''s lives in many ways. In developing the theory, the book employs a variety of techniques that will appeal to both experts and non-experts. Compiling decades of research into a single framework, William Thomson provides numerous applications that will open a large number of avenues for future research.Trade Review'William Thomson, one of the greatest academic advisors in economics worldwide, and a leading scholar in the field of resource allocation, has been carefully developing this project for more than two decades. I believe the book will be considered a classic right after being published.' Juan D. Moreno-Ternero, Universidad Pablo de Olavide, Spain'The design of rationing rules has inspired for nearly forty years a fascinating intellectual edifice of axiomatic postulates and mathematical results, reviewed here by the premiere author of that literature. Readers will recognize, or discover, William Thomson's superb pedagogical talent in a text that is comprehensive, self-contained, and luminously clear.' Hervé Moulin, Donald J. Robertson Chair of Economics, University of Glasgow'The folksy title notwithstanding, this is an impressive study of modern economic design. The focus of the book is how best to adjudicate claims on a resource when the sum of those claims exceeds the amount or value of the resource. Thomson (Univ. of Rochester) displays his masterful command of the subject, of which he is certainly a prime architect … The book's lessons apply to many real-world problems, among them bankruptcy claims, estate division, allocation of water rights, allocation of shares of the global carbon budget, and assignment of telecommunications frequencies … Thomson intends the book, and the work it summarizes, to provide a conceptual basis that will inform wise/smart societal choices going forward.' K. J. Murphy, Choice'… this book is, simply, a masterpiece. It is highly recommended for the broad audience of mainstream economists and a must read for those interested in normative economics …' Juan D. Moreno-Ternero, Social Choice and WelfareTable of Contents1. Introduction; 2. Inventory of division rules; 3. Basic properties of division rules; 4. Monotonicity properties; 5. Claims truncation invariance and minimal rights first; 6. Composition down and composition up; 7. Duality; 8. Other invariance properties; 9. Operators; 10. Variable-population model: consistency and related properties; 11. Constructing consistent extensions of two-claimant rules; 12. Variable-population model: other properties; 13. Ranking awards vectors and ranking rules; 14. Modeling claims problems as games; 15. Variants and generalizations of the base model; 16. Summary graphs and tables; 17. Appendices.
£999.99
Princeton University Press Beating the Odds
Book SynopsisThis powerful book shows how poor countries can ignite growth without waitingfor global action or the creation of ideal local conditions.Trade Review"Shortlisted for the 2018 Africa-Asia ICAS Book Prize, International Convention of Asia Scholars and Association for Asian Studies in Africa"
£19.00
Manjul Publishing House Pvt Ltd Negotiation
Book Synopsis
£12.39
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
Princeton University Press The Art of Social Theory
Book SynopsisIn the social sciences today, students are taught theory by reading and analyzing the works of Karl Marx, Max Weber, and other foundational figures of the discipline. What they rarely learn, however, is how to actually theorize. The Art of Social Theory is a practical guide to doing just that. In this one-of-a-kind user's manual for social theorisTrade Review"[C]oncise and readable... Writing in accessible language and using the canon of social theorists to illustrate points, Swedberg meets a need for practitioners and students alike."--ChoiceTable of ContentsIntroduction: Why Theorize and Can You Learn to Do It? 1 Part 1: How to Theorize Chapter 1. Starting Anew 13 Chapter 2. Social Observation 29 Chapter 3. Naming, Concept, and Typology 52 Chapter 4. Analogy, Metaphor, and Pattern 80 Chapter 5. Coming Up with an Explanation 98 Part 2: Preparing for Theorizing Chapter 6. Heuristics 127 Chapter 7. Practical Exercises 146 Chapter 8. The Role of Theory 169 Chapter 9. Imagination and Art 188 Chapter 10. Summary and More 210 Appendix: How to Theorize according to Charles S. Peirce 230 Acknowledgments 249 Notes 251 References 253 Index 279
£23.75
WW Norton & Co Flash Boys
Book SynopsisFour years after his #1 bestseller The Big Short, Michael Lewis returns to Wall Street to report on a high-tech predator stalking the equity markets.Trade Review"Michael Lewis is a genius, and his book will give high-frequency trading a much-needed turn under the microscope." -- Kevin Roose - New York Magazine"If you read one business book this year, make it Flash Boys." -- David Sirota - Salon"Dazzling… guaranteed to make blood boil… riveting." -- Janet Maslin - The New York Times"A beautiful narrative, so well-written. You’ve got to get this." -- Jon Stewart - The Daily Show"Important to public debate about Wall Street… in exposing what one of his central characters calls the ‘Pandora’s box of ridiculousness’ that financial exchanges have become." -- Philip Delves Broughton - The Wall Street Journal"Michael Lewis knows how to tell a story." -- Vanity Fair"Remarkable… Michael Lewis has a spellbinding talent for finding emotional dramas in complex, highly technical subjects." -- Financial Times"Who knew high-frequency trading was such a sexy subject?" -- Bloomberg Business Week"Michael Lewis is one of the premier chroniclers of our age." -- Huffington Post"Score one for the humans! Critics of high speed, computer-driven trading have a new champion." -- CNN Money"If you own stock, you need to read Flash Boys… and then call your broker." -- Entertainment Weekly"Flash Boys richly deserves to be the first chapter in a new discussion of market rules and abuses… Lewis raises troubling and necessary questions." -- The American Conservative"When it comes to narrative skill, a reporter’s curiosity and an uncanny instinct for the pulse of the zeitgeist, Lewis is a triple threat." -- James B. Stewart - New York Times"[Lewis] is a top-flight storyteller." -- Lev Grossman - Time"A fast-paced tale backed by gutsy reporting." -- Tina Jordan - Entertainment Weekly"A tour de force that will grab and hold your attention like the best of thrillers." -- Jon Talton - Seattle Times"Lewis writes about the resilience of underdogs, even in the face of seemingly overwhelming odds. He’s doing essential work, and anything that embarrasses fat cats and encourages reform is a flash in the right direction." -- Julie Hinds - Detroit Free Press"Lewis simply tells the truth." -- Will Deener - Dallas News"Michael Lewis has another hit on his hands." -- Zachary Warmbrodt and Dave Clarke - Politico"[Lewis’s] ability to find compelling characters and tell a great story through their eyes is unparalleled. He can untangle complex subjects like few others. His prose sparkles." -- Joe Nocera - New York Times"Fascinating." -- Steven Pearlstein - The Washington Post"Lewis, as always, is exceedingly good at describing the complexities and absurdities of the subculture he portrays here… A deeply entertaining book, and one that illuminates how much our world has changed in less than a decade." -- Hector Tobar - Los Angeles Times"As always, Lewis simplifies the complex—and makes it fascinating." -- People"Recommended… Entertaining." -- San Francisco Chronicle"Entirely engaging… Illuminates a part of Wall Street that has generally done business in the shadows." -- New York Review of Books
£20.39
Penguin Putnam Inc Unfolding The Napkin
Book Synopsis
£20.69
Cambridge University Press Almost All about Unit Roots
Book SynopsisMany economic theories depend on the presence or absence of a unit root for their validity, and econometric and statistical theory undergo considerable changes when unit roots are present. Thus, knowledge on unit roots has become so important, necessitating an extensive, compact, and nontechnical book on this subject. This book is rested on this motivation and introduces the literature on unit roots in a comprehensive manner to both empirical and theoretical researchers in economics and other areas. By providing a clear, complete, and critical discussion of unit root literature, In Choi covers a wide range of topics, including uniform confidence interval construction, unit root tests allowing structural breaks, mildly explosive processes, exuberance testing, fractionally integrated processes, seasonal unit roots and panel unit root testing. Extensive, up to date, and readily accessible, this book is a comprehensive reference source on unit roots for both students and applied workers.Trade Review'Choi's monograph provides an authoritative introduction to and survey of the literature on unit roots, which spans economics, statistics and other fields. Its handbook style and clear treatment make it an extremely convenient graduate-level reference for those working with highly persistent time series data.' J. Isaac Miller, University of Missouri'Unit roots have been an important and prolific topic of research since the late 1970s. This book presents a comprehensive, well written, and up-to-date overview on the challenging and wide-ranging topic of unit roots. It constitutes a major contribution that will be useful and of interest to both researchers and graduate students.' Paulo M. M. Rodrigues, Nova School of Business and Economics, UNL, Portugal'This book gives a very comprehensive and up-to-date survey of the literature on unit roots that has developed in the past decades. It should be an invaluable text and reference for graduate students and applied researchers for many years to come.' Yoon-Jae Whang, Seoul National UniversityTable of Contents1. Introduction; 2. Inference on unit roots: basic methods; 3. Unit root tests under various model specifications; 4. Alternative approaches to inference on unit roots; 5. Other issues related to unit roots; 6. Seasonal unit roots; 7. Panel unit roots.
£33.24
Bookvault Publishing CPP Study Guide 20242025 AllinOne CPP Exam Prep 2024 for the Certified Payroll Professional Exam. With CPP Test Prep Exam Study Guide Review Material 500 CPP Test Questions
£39.99
Random House USA Inc Why Nations Fail
Book Synopsis
£24.75
John Wiley & Sons Inc The Price is Wrong Understanding What Makes a
Book SynopsisFair pricing is an issue that affects us all, whether we're consumers or merchants. Throughout her career, Sarah Maxwell has seen how pricing practices across a variety of different areas, from mobile phones and airline tickets to prescription drugs and gasoline impact our everyday lives.Trade Review"...will change your views about how pricing decisions are made and whether a price is really fair." Supply Management Thursday 22 May 2008 "...will change your views about how pricing decisions are made and whether a price is really fair." Supply Management Thursday 22 May 2008Table of ContentsForeword ix Acknowledgments xiii About the Author xv Part I: Background Chapter 1: Introduction: "Play fair or I quit!" 3 Chapter 2: History: "A ‘just' price is not God-given!" 13 Part II: Model Chapter 3: Model: "Now I'm not just annoyed, I'm furious!" 23 Chapter 4: Norms: "That's wrong, and we all know it!" 31 Chapter 5: Emotions: "You're not being fair and I hate you!" 41 Chapter 6: Expectations: "That price is a rip-off!" 47 Chapter 7: Outcomes: "You should get what you pay for!" 55 Chapter 8: Attributions: "The seller is to blame!" 65 Chapter 9: Process: "Ya gotta play by the rules!" 73 Chapter 10: Punishment: "Revenge is sweet!" 85 Chapter 11: Power: "Beware a customer wronged!" 93 Chapter 12: Trust: "Fair price? I doubt it!" 101 Part III: Applications Chapter 13: Modifications: "Sorry! The rules have changed!" 111 Chapter 14: Tipping: "Just don't stiff the waiter!" 119 Chapter 15: Discrimination: "It's unfair to charge me more than others!" 125 Chapter 16: Negotiations: "Split the difference. That's fair!" 133 Chapter 17: Taxes: "Paying taxes is as American as disliking taxes" 145 Chapter 18: Culture: "But I never ordered any bread!" 155 Chapter 19: Practices: "So how is a company supposed to price fairly?" 165 Notes 179 Glossary 205 References 213 Index 233
£21.24
WW Norton & Co The Price of Inequality
Book SynopsisA forceful argument against America's vicious circle of growing inequality by the Nobel Prize–winning economist.Trade Review"Immensely important." -- Dante Chinni - Washington Post"The single most comprehensive counterargument to both Democratic neoliberalism and Republican laissez-faire theories…Stiglitz’s contribution…to the public debate cannot be overestimated." -- Thomas B. Edsall - New York Times Book Review"A model of clarity." -- Jared Bernstein - Rolling Stone"A definitive examination of inequality’s effects not only on the economy, but on democracy and globalization." -- The Daily Beast"An impassioned argument backed by rigorous economic analysis." -- Kirkus Reviews (starred review)"Stiglitz’s ideas in this book will prompt wide discussion and debate." -- Booklist
£10.51
HarperCollins Publishers Inc Inviting Disaster
Book SynopsisA gripping account of the perpetual war between human and machine examines the many disasters that have occured in the world of high technology.Trade Review"ultimatly hopeful, recounting numerous acts of foresight or bravery in the face of bureaucratic opposition" -- Publisher's Weekly "Full of scary news, but unsensational and thoroughly documented. Just don't read it in flight." -- Kirkus Reviews
£11.99
Cengage Learning, Inc Behavioral Finance
Book SynopsisDiscover a structured, applied approach to behavioral finance with the first academic text of its kind--Ackert/Deaves' BEHAVIORAL FINANCE: PSYCHOLOGY, DECISION MAKING, AND MARKETS. This comprehensive text--ideal for today's behavioral finance elective--links finance theory and practice to human behavior.The book begins by building upon the established, conventional principles of finance before moving into psychological principles of behavioral finance, including heuristics and biases, overconfidence, emotion and social forces. Readers learn how human behavior influences the decisions of individual investors and professional finance practitioners, managers, and markets.The book clearly explains what behavioral finance indicates about observed market outcomes as well as how psychological biases potentially impact the behavior of managers. Readers see, first-hand, the implications of behavioral finance on retirement, pensions, education, debiasing, and client management. This book spends a significant amount of time examining how behavioral finance can be used by practitioners today.Readers utilize theory and applications in every chapter with a wide variety of end-of-chapter exercises, discussion questions, simulations and experiments that reinforce the book's applied approach.Table of ContentsIntroduction. Introduction. SECTION I: CONVENTIONAL FINANCE, PROSPECT THEORY AND MARKET EFFICIENCY. 1: Foundations of conventional finance: Expected utility. 2: Foundations of conventional finance: Asset pricing theory and market efficiency. 3: Prospect theory, framing and mental accounting. 4: Limits to arbitrage, anomalies and investor sentiment. SECTION II: BEHAVIORAL SCIENCE FOUNDATIONS. 5: Heuristics and biases. 6: Overconfidence. 7: Emotion. SECTION III: INVESTOR BEHAVIOR. 8: Investor behavior stemming from heuristics and biases. 9: The impact of overconfidence on investor decision-making. 10: Emotion-based investor behavior. SECTION IV: SOCIAL FORCES. 11: Social forces: Selfishness or altruism? 12: Social forces and behavior. SECTION VI: MARKET OUTCOMES. 13: Behavioral explanations for anomalies. 14: Aggregate stock market puzzles. SECTION V: CORPORATE FINANCE. 15: Irrational markets. 16: Irrational managers. SECTION VII: RETIREMENT, PENSIONS, EDUCATION, DEBIASING AND CLIENT MANAGEMENT. 17: Understanding retirement saving and investment behavior and improving DC pensions. 18: Debiasing, education, and client management. SECTION VIII: MONEY MANAGEMENT. 19: Money management and behavioral investing. 20: Neurofinance and trading.
£270.42
HarperCollins Publishers Inc The Essential Drucker
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£14.99
John Wiley and Sons Ltd Advanced Mathematics for Economists
Book SynopsisThis book contains a compact, accessible treatment of the main mathematical topics encountered in economics at an advanced level, moving from basic material into the twin areas of static and dynamic optimization. Nearly half of the book is devoted to a survey of univariate calculus, matrix algebra and multuvariate calculus. This fundamental material is made vigorous by the inclusion of a variety of applications. The later chapters focus on the Lagrange multiplier technique: when it will work, why it works and what economic insights it yields. The properties of maximum value functions and duality are explored, as are the Hamiltonian conditions for dynamic problems in the optimal control format. Dynamic programming and the calculus of variations are also covered. Much of the discussion proceeds at a heuristic level and by worked example, but the theorems and proofs required by the most analytical user are also to be found. The underlying message is that the language of
£34.19
WW Norton & Co Economics Rules The Rights and Wrongs of the
Book Synopsis“A hugely valuable contribution. . . . In setting out a defence of the best in economics, Rodrik has also provided a goal for the discipline as a whole.” —Martin Sandbu, Financial TimesTrade Review"Full of good insights. . . . If you’re at all interested in economics you’ll want to read it." -- Clive Crook - BloombergView"Rodrik’s plea is for economics to be practiced with a bit more humility both by those who extol free markets and those who would tame them." -- Steven Pearlstein - Washington Post"The best economists make the best methodologists, and Dani Rodrik is both. His Economics Rules is the single best source for explaining the strengths and weaknesses of economics to an outside audience." -- Tyler Cowen, George Mason University, author of The Great Stagnation"In Economics Rules, enjoyment enhances learning, with lessons for economists and non-economists alike—indeed, ten commandments for each. The book is a page-turner with every page carrying an important and memorable take-away." -- Margaret Levi, director, Center for Advanced Study in the Behavioral Sciences, Stanford University
£12.03
WW Norton & Co Liars Poker
Book SynopsisThe time was the 1980s. The place was Wall Street. The game was called Liar’s Poker.Trade Review"The funniest book on Wall Street I’ve ever read." -- Tom Wolfe"Often profane, always hilarious, right on the mark." -- People"So memorable and alive . . . one of those rare works that encapsulate and define an era." -- Fortune
£14.06
Taylor & Francis The History of Economic Thought
a huge range and FREE tracked UK delivery on ALL orders.
£73.14
Taylor & Francis Ltd The State Industrialization and Class Formations in India A NeoMarxist Perspective on Colonialism Underdevelopment and Development 23 Routledge Library Editions British in India
a huge range and FREE tracked UK delivery on ALL orders.
£104.00
Taylor & Francis The Road to Serfdom
The Road to Serfdom remains one of the all-time classics of twentieth-century intellectual thought. For over half a century, it has inspired politicians and thinkers around the world, and has had a crucial impact on our political and cultural history. With trademark brilliance, Hayek argues convincingly that, while socialist ideals may be tempting, they cannot be accomplished except by means that few would approve of. Addressing economics, fascism, history, socialism and the Holocaust, Hayek unwraps the trappings of socialist ideology. He reveals to the world that little can result from such ideas except oppression and tyranny. Today, more than fifty years on, Hayek's warnings are just as valid as when The Road to Serfdom was first published.
£999.99
Princeton University Press Terror in France The Rise of Jihad in the West
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£14.24
Bristol University Press On Practicing Diversity
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£72.00
Taylor & Francis Ltd Handbook of New Product Development Management
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£80.74
Taylor & Francis Economics as Ideology and Experience
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£41.64
Random House USA Inc The Wealth of Nations
Book Synopsis Published in 1776, in the same year as the Declaration of Independence, The Wealth of Nations has had an equally great impact on the course of modern history. Adam Smith’s celebrated defense of free market economies was written with such expressive power and clarity that the first edition sold out in six months. While its most remarkable and enduring innovation was to see the whole of economic life as a unified system, it is notable also as one of the Enlightenment’s most eloquent testaments to the sanctity of the individual in his relation to the state.
£22.40
Princeton University Press Currency Politics
Book SynopsisTrade Review"The book is readable for both economists and political scientists. I recommend Currency Politics to both sets of scholars. Economists will learn about the political aspects of exchange-regime choice and political scientists about the economic aspects."--Lawrence H. Officer, EH.Net "In Currency Politics, a quarter century of scholarly rumination has been distilled in one definitive treatment... His attention to detail is remarkable, and wherever the data permit, he backs his qualitative discussion with solid quantitative analysis... Readers unfamiliar with any of these episodes will find the treatment enlightening, even fascinating."--Benjamin J. Cohen, Journal of Economic Literature "A considered and compelling case for the relevance of political economy to explaining currency policy... Explains monetary economics with such clarity that it is unusually accessible... Think of it as occupying the middle ground between pop economics titles, like Freakonomics, and more formidable volumes, such as Thomas Piketty's Capital in the Twenty-First Century."--Jenny McArthur, LSE Review of Books "Frieden undertakes careful examination of currency politics... [M]eticulous [and] well-informed... Recommended."--ChoiceTable of ContentsPreface vii Acknowledgments xi Introduction The Political Economy of Currency Choice 1 Chapter 1 A Theory of Currency Policy Preferences 19 Chapter 2 The United States: From Greenbacks to Gold, 1862-79 49 Chapter 3 The United States: Silver Threats among the Gold, 1880-96 104 Chapter 4 European Monetary Integration: From Bretton Woods to the Euro and Beyond 137 Chapter 5 Latin American Currency Policy, 1970-2010 186 Chapter 6 The Political Economy of Latin American Currency Crises 220 Chapter 7 The Politics of Exchange Rates: Implications and Extensions 246 Conclusions 264 References 267 Index 283
£20.90
