Revealing the human side of economic lifeOver the past three decades, economic sociology has been revealing how culture shapes economic life even while economic facts affect social relationships.
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.
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.
A landmark textbook on development economicsThe study of development in low-income countries is attracting more attention around the world than ever before.
A nonpartisan plan of action for fixing the global economy from fifteen of the world's leading economistsIn the fall of 2008, fifteen of the world's leading economists-representing the broadest spectrum of economic opinion-gathered at New Hampshire's Squam Lake.
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.
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).
Is the United States "e;the land of equal opportunity"e; or is the playing field tilted in favor of those whose parents are wealthy, well educated, and white?
The Evolution of the Trade Regime offers a comprehensive political-economic history of the development of the world's multilateral trade institutions, the General Agreement on Tariffs and Trade (GATT) and its successor, the World Trade Organization (WTO).
How identity influences the economic choices we makeIdentity Economics provides an important and compelling new way to understand human behavior, revealing how our identities-and not just economic incentives-influence our decisions.
Financial disasters--and stories of the greedy bankers who precipitated them--seem to underscore the idea that self-interest will always trump concerns for the greater good.
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.
The ways financial analysts, traders, and other specialists use information and learn from each other are of fundamental importance to understanding how markets work and prices are set.
The growth of technological and scientific knowledge in the past two centuries has been the overriding dynamic element in the economic and social history of the world.
The 1990s saw global flows of foreign direct investment increase some sevenfold, spurring economists to explore FDI from a micro- or trade-based perspective.
In the last decade, behavioral economics, borrowing from psychology and sociology to explain decisions inconsistent with traditional economics, has revolutionized the way economists view the world.
Adam Smith turned economic theory on its head in 1776 when he declared that the pursuit of self-interest mediated by the market itself--not by government--led, via an invisible hand, to the greatest possible welfare for society as a whole.
Regulation by public and private organizations can be hijacked by special interests or small groups of powerful firms, and nowhere is this easier than at the global level.
Asset Pricing Theory is an advanced textbook for doctoral students and researchers that offers a modern introduction to the theoretical and methodological foundations of competitive asset pricing.
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.
Since the 1980s, there has been explosive growth in the use of experimental methods in economics, leading to exciting developments in economic theory and policy.
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.
The acclaimed New York Times bestselling history of financial crisesThroughout history, rich and poor countries alike have been lending, borrowing, crashing, and recovering their way through an extraordinary range of financial crises.
International trade has shaped the modern world, yet until now no single book has been available for both economists and general readers that traces the history of the international economy from its earliest beginnings to the present day.
New insights into what makes people happy and how policymakers can foster greater satisfaction for allDuring the past forty years, thousands of studies have been carried out on the subject of happiness.
In the 1990s, large insurance companies failed in virtually every major market, prompting a fierce and ongoing debate about how to better protect policyholders.
During the 1990s, the United States underwent a dramatic transformation: investing in stocks, once the province of a privileged elite, became a mass activity involving more than half of Americans.
The most authoritative and comprehensive synthesis of modern econometrics availableEconometrics provides first-year graduate students with a thoroughly modern introduction to the subject, covering all the standard material necessary for understanding the principal techniques of econometrics, from ordinary least squares through cointegration.