A fully expanded edition of the Nobel Prize-winning economist's classic bookThis collection of essays uses the lens of rational expectations theory to examine how governments anticipate and plan for inflation, and provides insight into the pioneering research for which Thomas Sargent was awarded the 2011 Nobel Prize in economics.
Why law is critical to innovation and economic growthSustained growth depends on innovation, whether it's cutting-edge software from Silicon Valley, an improved assembly line in Sichuan, or a new export market for Swaziland's leather.
The legitimate and illegitimate use of incentives in society todayIncentives can be found everywhere-in schools, businesses, factories, and government-influencing people's choices about almost everything, from financial decisions and tobacco use to exercise and child rearing.
How beauty leads to better jobs, better wages, and better spousesMost of us know there is a payoff to looking good, and in the quest for beauty we spend countless hours and billions of dollars on personal grooming, cosmetics, and plastic surgery.
The Theory of Taxation and Public Economics presents a unified conceptual framework for analyzing taxation--the first to be systematically developed in several decades.
The concept of general equilibrium, one of the central components of economic theory, explains the behavior of supply, demand, and prices by showing that supply and demand exist in balance through pricing mechanisms.
A groundbreaking study that shows how countries can create innovative, production-based economies for the twenty-first centuryAchieving economic growth is one of today's key challenges.
How the science of unselfish behavior can promote law, order, and prosperityContemporary law and public policy often treat human beings as selfish creatures who respond only to punishments and rewards.
From Nobel Prizewinning economist Daron Acemoglu, an incisive introduction to economic growthIntroduction to Modern Economic Growth is a groundbreaking text from one of today's leading economists.
Optimal tax design attempts to resolve a well-known trade-off: namely, that high taxes are bad insofar as they discourage people from working, but good to the degree that, by redistributing wealth, they help insure people against productivity shocks.
An authoritative look at the microeconomics of entrepreneurshipEntrepreneurs are widely recognized for the vital contributions they make to economic growth and general welfare, yet until fairly recently entrepreneurship was not considered worthy of serious economic study.
A new, evolutionary explanation of markets and investor behaviorHalf of all Americans have money in the stock market, yet economists can't agree on whether investors and markets are rational and efficient, as modern financial theory assumes, or irrational and inefficient, as behavioral economists believe.
This book presents a smooth and unified transitional framework from generalised fractional programming, with a finite number of variables and a finite number of constraints, to semi-infinite fractional programming, where a number of variables are finite but with infinite constraints.
The fourth volume in the Harte Research Institute's landmark scientific series on the Gulf of Mexico provides a comprehensive study of ecosystem-based management, analyzing key coastal ecosystems in eleven Gulf Coast states from Florida to Quintana Roo and presenting case studies in which this integrated approach was tested in both the US and in Mexico.
This book brings these theories together under one methodological roof, where the choices made by economic agents depend on their varying perceptions of the economic constraints they face, combining new classical principles, under which the economy operates at full employment, with theories that allow for extended periods of underemployment brought about by mixed signals from workers and employers.
Too often, individuals who have been called to practice their gifts and talents in the field of business and professional life sense that to serve God they ought to be doing something more directly involved with the church.
Undoubtedly, what happens to the economy affects the lives of the citizens of a country, and often the lives of people in other countries around the globe.
En 1917 la Revolución Rusa intentó la búsqueda de la igualdad implosionando luego el sistema conformado por grandes burocracias y la falta de incentivo en el desarrollo personal.
Von der renommierten Philosophin und Ökonomin Ingrid Robeyns: Ein revolutionäres Konzept zur Begrenzung exzessiven Reichtums, das eine gerechtere Welt für alle schaffen würde.
This book illustrates effective decision-making in complex socio-economic systems utilising system dynamics and agent-based simulation modelling approaches.
The Soviet Economy on the Brink of Reform (1988) is a collection of essays in honour of Alec Nove and covers such topics as Leon Trotsky, Navrozov, Soviet Investment criteria, Soviet Agricultural, and economic politics under Andropov and Chernenko.
Karl Marx's monumental work, 'Capital,' in its complete 3 volume edition, revolutionized the field of political economy and continues to shape discussions on capitalism and socialism.