Rethinking Private Authority examines the role of non-state actors in global environmental politics, arguing that a fuller understanding of their role requires a new way of conceptualizing private authority.
In this volume, Albert Hirschman reconstructs the intellectual climate of the seventeenth and eighteenth centuries to illuminate the intricate ideological transformation that occurred, wherein the pursuit of material interests--so long condemned as the deadly sin of avarice--was assigned the role of containing the unruly and destructive passions of man.
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 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.
A dynamic framework for studying social emergenceThe social sciences have sophisticated models of choice and equilibrium but little understanding of the emergence of novelty.
This book is the first comprehensive account of how Australia attained the world's highest living standards within a few decades of European settlement, and how the nation has sustained an enviable level of income to the present.
What modern economics can tell us about ancient RomeThe quality of life for ordinary Roman citizens at the height of the Roman Empire probably was better than that of any other large group of people living before the Industrial Revolution.
Understanding the dynamic evolution of the yield curve is critical to many financial tasks, including pricing financial assets and their derivatives, managing financial risk, allocating portfolios, structuring fiscal debt, conducting monetary policy, and valuing capital goods.
Our path of economic development has generated a growing list of environmental problems including the disposal of nuclear waste, exhaustion of natural resources, loss of biodiversity, climate change, and polluted land, air, and water.
A framework for the analysis of public investment in the developing worldIn the past three decades, developing countries have made significant economic and social progress, from improved infant mortality rates to higher life expectancy.
Just as we learn from, influence, and are influenced by others, our social interactions drive economic growth in cities, regions, and nations--determining where households live, how children learn, and what cities and firms produce.
In mainstream economics, and particularly in New Keynesian macroeconomics, the booms and busts that characterize capitalism arise because of large external shocks.
A comparative look at the astonishing economic rise of modern China and IndiaThe recent economic rise of China and India has attracted a great deal of attention-and justifiably so.
An essential account of the historic subprime mortgage crisis, from the Nobel Prize-winning economist and bestselling author of Irrational ExuberanceThe subprime mortgage crisis has already wreaked havoc on the lives of millions of people and now it threatens to derail the U.
Ariel Rubinstein's well-known lecture notes on microeconomics-now fully revised and expandedThis book presents Ariel Rubinstein's lecture notes for the first part of his well-known graduate course in microeconomics.
A history of the steel and arms maker that came to symbolize the best and worst of modern German historyThe history of Krupp is the history of modern Germany.
This detailed account of the politics of opening agricultural markets explains how the institutional context of international negotiations alters the balance of interests at the domestic level to favor trade liberalization despite opposition from powerful farm groups.
Over the last several decades, employers have increasingly replaced permanent employees with temporary workers and independent contractors to cut labor costs and enhance flexibility.
Research on the spatial aspects of economic activity has flourished over the past decade due to the emergence of new theory, new data, and an intense interest on the part of policymakers, especially in Europe but increasingly in North America and elsewhere as well.
A sweeping intellectual history of the role of wealth in the church in the last days of the Roman EmpireJesus taught his followers that it is easier for a camel to go through the eye of a needle than for a rich man to enter heaven.
How did the industrialized nations of North America and Europe come to be seen as the appropriate models for post-World War II societies in Asia, Africa, and Latin America?
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.
A sweeping look at the evolution of commercial banks over the past two centuriesCommercial banks are among the oldest and most familiar financial institutions.
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.
With little domestic fanfare and even less attention internationally, Japan has been reinventing itself since the 1990s, dramatically changing its political economy, from one managed by regulations to one with a neoliberal orientation.
From acclaimed economists George Akerlof and Robert Shiller, the case for why government is needed to restore confidence in the economyThe global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today.
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.
One of the core assumptions of recent American foreign policy is that China's post-1978 policy of "e;reform and openness"e; will lead to political liberalization.
Reviving the Invisible Hand is an uncompromising call for a global return to a classical liberal economic order, free of interference from governments and international organizations.