The untold story of how FDR did the unthinkable to save the American economyThe American economy is strong in large part because nobody believes that America would ever default on its debt.
One of the world's most brilliant economists and the bestselling author of The End of Poverty and Common Wealth, Jeffrey Sachs has written a book that is essential reading for everyone.
An inside look at the role and future of central banking in the global economyThe crash of 2008 revealed that the world's central banks had failed to offset the financial imbalances that led to the crisis, and lacked the tools to respond effectively.
How to sustain an international system of cooperation in the midst of geopolitical struggleCan the international economic and legal system survive today's fractured geopolitics?
Ten lessons from history on the dos and don'ts of analyzing political riskOur baffling new multipolar world grows ever more complex, desperately calling for new ways of thinking, particularly when it comes to political risk.
How society's undervaluing of life puts all of us at risk-and the groundbreaking economic measure that can fix itLike it or not, sometimes we need to put a monetary value on people's lives.
How poor countries can ignite economic growth without waiting for global action or the creation of ideal local conditionsContrary to conventional wisdom, countries that ignite a process of rapid economic growth almost always do so while lacking what experts say are the essential preconditions for development, such as good infrastructure and institutions.
How the creation of the Nobel Prize in Economics changed the economics profession, Sweden, and the worldEconomic theory may be speculative, but its impact is powerful and real.
An acclaimed examination of how the American political system favors the wealthy-now fully revised and expandedThe first edition of Unequal Democracy was an instant classic, shattering illusions about American democracy and spurring scholarly and popular interest in the political causes and consequences of escalating economic inequality.
How philosophical differences between Eurozone nations led to the Euro crisis-and where to go from hereWhy is Europe's great monetary endeavor, the Euro, in trouble?
After the end of World War II, the United States, by far the dominant economic and military power at that time, joined with the surviving capitalist democracies to create an unprecedented institutional framework.
A groundbreaking history of why governments do-and don't-tax the richIn today's social climate of acknowledged and growing inequality, why are there not greater efforts to tax the rich?
How American industries rose to dominate the economic landscape in the twentieth centuryFor much of the twentieth century, American corporations led the world in terms of technological progress.
From the author of the #1 New York Times bestseller On Bullshit, the case for worrying less about the rich and more about the poorEconomic inequality is one of the most divisive issues of our time.
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.
The story of GDP and why we need a better measurement of growthIn one lifetime, GDP, or Gross Domestic Product, has ballooned from a narrow economic tool into a global article of faith.
The hidden role of philanthropy in enriching America's prosperity-and the world'sPhilanthropy has long been a distinctive feature of American culture, but its crucial role in the economic well-being of the nation-and the world-has remained largely unexplored.
Why India's problems won't be solved by rapid economic growth aloneWhen India became independent in 1947 after two centuries of colonial rule, it immediately adopted a firmly democratic political system, with multiple parties, freedom of speech, and extensive political rights.
"e;We are the 99%"e; has quickly become the slogan of our political era as growing numbers of Americans express concern about the disappearing middle class and the ever-widening gap between the super-rich and everyone else.
Ideally suited to upper-undergraduate and graduate students, Analyzing the Global Political Economy critically assesses the convergence between IPE, comparative political economy, and economics.
From an economist who warned of the global financial crisis, a new warning about the continuing peril to the world economyRaghuram Rajan was one of the few economists who warned of the global financial crisis before it hit.
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.
Why Americans aren't thrifty and the rest of the world isIf the financial crisis has taught us anything, it is that Americans save too little, spend too much, and borrow excessively.
This fast-paced book by Yale professors Michael Graetz and Ian Shapiro unravels the following mystery: How is it that the estate tax, which has been on the books continuously since 1916 and is paid by only the wealthiest two percent of Americans, was repealed in 2001 with broad bipartisan support?
The general assumption that social policy should be utilitarian--that society should be organized to yield the greatest level of welfare--leads inexorably to increased government interventions.
States of Credit provides the first comprehensive look at the joint development of representative assemblies and public borrowing in Europe during the medieval and early modern eras.
A powerful challenge to contemporary economics and a new agenda for global financeIn the wake of the global financial crisis that began in 2007, faith in the rationality of markets has lost ground to a new faith in their irrationality.
The efficiency, safety, and soundness of financial markets depend on the operation of core infrastructure--exchanges, central counter-parties, and central securities depositories.
How religious barriers stalled capitalism in the Middle EastIn the year 1000, the economy of the Middle East was at least as advanced as that of Europe.
The wave of neoliberal economic reforms in the developing world since the 1980s has been regarded as the result of both severe economic crises and policy pressures from global financial institutions such as the International Monetary Fund (IMF).
The right of governments to employ capital controls has always been the official orthodoxy of the International Monetary Fund, and the organization's formal rules providing this right have not changed significantly since the IMF was founded in 1945.
Alexis de Tocqueville (1805-59) has long been recognized as a major political and social thinker as well as historian, but his writings also contain a wealth of little-known insights into economic life and its connection to the rest of society.
How governments can do a better job of supporting entrepreneurship and venture capitalSilicon Valley, Singapore, Tel Aviv-the global hubs of entrepreneurial activity-all bear the marks of government investment.