*FEATURED IN BILL GATES'S 2019 SUMMER READING RECOMMENDATIONS* From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair itDeep new rifts are tearing apart the fabric of Britain and other Western societies: thriving cities versus the provinces, the highly skilled elite versus the less educated, wealthy versus developing countries.
Like all of us, though few so visibly, Alan Greenspan was forced by the financial crisis of 2008 to question some fundamental assumptions about risk management and economic forecasting.
RADIO 4 BOOK OF THE WEEK Economic thinking - about globalisation, climate change, immigration, austerity, automation and much more - in its most digestible formFor decades, a single free market philosophy has dominated global economics.
Two of the UK's leading economists call for an end to extreme individualism as the engine of prosperity 'provocative but thought-provoking and nuanced' TelegraphThroughout history, successful societies have created institutions which channel both competition and co-operation to achieve complex goals of general benefit.
THE NEW INTERNATIONAL BESTSELLER FROM THE AUTHOR OF THE BIG SHORT AND FLASH BOYS'A gripping account of how two psychologists reshaped the way we think .
In Why Information Grows, rising star C sar Hidalgo offers a radical interpretation of global economicsWhile economists often turn to measures like GDP or per-capita income, C sar Hidalgo turns to information theory to explain the success or failure of a country's economic performance.
In 1930 the great economist Keynes predicted that, over the next century, income would rise steadily, people's basic needs would be met and no one would have to work more than fifteen hours a week.
Adam Smith s landmark treatise on the free market paved the way for modern capitalism, arguing that competition is the engine of a productive society, and that self-interest will eventually come to enrich the whole community, as if by an invisible hand .
With its wry portrayal of a shallow, materialistic 'leisure class' obsessed by clothes, cars, consumer goods and climbing the social ladder, this withering satire on modern capitalism is as pertinent today as when it was written over a century ago.
Winner of the Spears Business Book of the Year AwardLonglisted for the Financial Times Goldman Sachs Business Book of the Year AwardIn today's financial climate, we are all, naturally, obsessed by debt.
The definitive guide to the history of economic thought, fully revised twenty years after first publicationRoger Backhouse's definitive guide takes the story of economic thinking from the ancient world to the present day, with a brand-new chapter on the twenty-first century and updates throughout to reflect the latest scholarship.
In the current financial crisis Keynes has been taken out of his cupboard, dusted down, consulted, cited, invoked and appealed to about why events have taken the course they have and how a rescue operation can be effected.
The "e;forgotten"e; second volume of Capital, Marx's world-shaking analysis of economics, politics, and history, contains the vital discussion of commodity, the cornerstone to Marx's theories.
Unfinished at the time of Marx's death in 1883 and first published with a preface by Frederick Engels in 1894, the third volume of Das Kapital strove to combine the theories and concepts of the two previous volumes in order to prove conclusively that capitalism is inherently unworkable as a permanent system for society.
The unlikely story of how Americans canonized Adam Smith as the patron saint of free marketsOriginally published in 1776, Adam Smith's The Wealth of Nations was lauded by America's founders as a landmark work of Enlightenment thinking about national wealth, statecraft, and moral virtue.
An in-depth look at how to account for the human complexities at the heart of today's financial systemOur economy may have recovered from the Great Recession-but not our economics.
The Body Economic revises the intellectual history of nineteenth-century Britain by demonstrating that political economists and the writers who often presented themselves as their literary antagonists actually held most of their basic social assumptions in common.
A Nobel Prizewinning economist makes a new argument about the real roots of prosperityand why they are under threat todayIn this book, Nobel Prize-winning economist Edmund Phelps draws on a lifetime of thinking to make a sweeping new argument about what makes nations prosperand why the sources of that prosperity are under threat today.
A sweeping look at the evolution of commercial banks over the past two centuriesCommercial banks are among the oldest and most familiar financial institutions.
How to harness capitalism's dynamism to create an economy that promotes well-being and rewards creationThe recent economic crisis was a dramatic reminder that capitalism can both produce and destroy.
Auction Theory, Second Edition improves upon his 2002 bestseller with a new chapter on package and position auctions as well as end-of-chapter questions and chapter notes.
A vivid portrait of an exceptional woman and a lively history of the economic and financial crises that helped make the treasury secretary and former Fed chair who she is today.
*A Waterstones, Financial Times and New Statesman Book of the Year*'A tremendous book, timely, wise, authoritative and clear' Stephen Fry'The most excellent book substantive and beautifully expressed suggestions for improving almost everything James O'Brien 'Clear, brave, compelling' David Miliband'Inspiring .
The Handbook of Natural Resource and Energy Economics examines the current theory and sample current application methods for natural resource and energy economics.
***One of Barack Obama's best books of 2024***Shortlisted for the 2024 Financial Times & Schroders Business Book of the YearA revelatory account of the past, present, and future of economic growth - and how we should rethink itOver the past two centuries, economic growth has freed billions from poverty and made our lives far healthier and longer.
A Theory of Individual Behavior dispels the notion that individuals act as rational agents and strives to capture idiosyncratic humanness through rigorous mathematics.
Microscopic Simulation (MS) uses a computer to represent and keep track of individual ("e;microscopic"e;) elements in order to investigate complex systems which are analytically intractable.