A case study of why Third World countries are still poor, the premise of this book is that while some progress has been made in transforming the political economy of Ecuador, certain behaviors, beliefs and attitudes have kept the country from developing in ways that otherwise would have been possible.
In October 2015, the Chinese Communist Party banned its 88 million members from excessive drinking, improper sexual relationships and holding golf club memberships.
Why our addiction to debt caused the global financial crisis and is the root of our financial woesAdair Turner became chairman of Britain's Financial Services Authority just as the global financial crisis struck in 2008, and he played a leading role in redesigning global financial regulation.
A revealing look at the common causes of failures in randomized control experiments during field reseach-and how to avoid themAll across the social sciences, from development economics to political science departments, researchers are going into the field to collect data and learn about the world.
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.
Brazil is the world's sixth-largest economy, and for the first three-quarters of the twentieth century was one of the fastest-growing countries in the world.
A groundbreaking new synthesis and theory of social institutionsUnderstanding Institutions proposes a new unified theory of social institutions that combines the best insights of philosophers and social scientists who have written on this topic.
From David Card, winner of the Nobel Prize in Economics, and Alan Krueger, a provocative challenge to conventional wisdom about the minimum wageDavid Card and Alan B.
A reevaluation of what money is-and what it might beQuestions about the nature of money have gained a new urgency in the aftermath of the global financial crisis.
How knowing the extreme risks of climate change can help us prepare for an uncertain futureIf you had a 10 percent chance of having a fatal car accident, you'd take necessary precautions.
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?
From Nobel Prize-winning economist Michael Kremer and fellow leading development economist Rachel Glennerster, an innovative solution for providing vaccines in poor countriesMillions of people in the third world die from diseases that are rare in the first world-diseases like malaria, tuberculosis, and schistosomiasis.
The pivotal and troubling role of progressive-era economics in the shaping of modern American liberalismIn Illiberal Reformers, Thomas Leonard reexamines the economic progressives whose ideas and reform agenda underwrote the Progressive Era dismantling of laissez-faire and the creation of the regulatory welfare state, which, they believed, would humanize and rationalize industrial capitalism.
Dynamic stochastic general equilibrium (DSGE) models have become one of the workhorses of modern macroeconomics and are extensively used for academic research as well as forecasting and policy analysis at central banks.
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.
Why the free-market system encourages so much trickery even as it creates so much goodEver since Adam Smith, the central teaching of economics has been that free markets provide us with material well-being, as if by an invisible hand.
With searing wit and incisive commentary, John Kenneth Galbraith redefined America's perception of itself in The New Industrial State, one of his landmark works.
A revolutionary account of the ancient Greek economyThis comprehensive introduction to the ancient Greek economy revolutionizes our understanding of the subject and its possibilities.
How trade imbalances spurred on the global financial crisis and why we aren't out of trouble yetChina's economic growth is sputtering, the Euro is under threat, and the United States is combating serious trade disadvantages.
Justin Yifu Lin's groundbreaking account of how developing countries can help themselves-now fully updatedHow can developing countries grow their economies?
Why economic insecurity spurs so little collective political actionAmericans today face no shortage of threats to their financial well-being, such as job and retirement insecurity, health care costs, and spiraling college tuition.
How radical free-market ideas achieved mainstream dominance in postwar America and BritainBased on archival research and interviews with leading participants in the movement, Masters of the Universe traces the ascendancy of neoliberalism from the academy of interwar Europe to supremacy under Reagan and Thatcher and in the decades since.
A comprehensive introduction to the statistical and econometric methods for analyzing high-frequency financial dataHigh-frequency trading is an algorithm-based computerized trading practice that allows firms to trade stocks in milliseconds.
The first book to use the world's most popular sport to test economic theories and document novel human behaviorA wealth of research in recent decades has seen the economic approach to human behavior extended over many areas previously considered to belong to sociology, political science, law, and other fields.
While America's relationship with Britain has often been deemed unique, especially during the two world wars when Germany was a common enemy, the American business sector actually had a greater affinity with Germany for most of the twentieth century.
How to better manage systemic risks-from cyber attacks and pandemics to financial crises and climate change-in a globalized worldThe Butterfly Defect addresses the widening gap between the new systemic risks generated by globalization and their effective management.
How the fear of a shortage in American science talent fuels cycles in the technical labor marketIs the United States falling behind in the global race for scientific and engineering talent?
How ideas in complexity can be used to develop more effective public policyComplexity science-made possible by modern analytical and computational advances-is changing the way we think about social systems and social theory.
The remarkable story and personalities behind one of the most important theories in modern economicsFinding Equilibrium explores the post-World War II transformation of economics by constructing a history of the proof of its central dogma-that a competitive market economy may possess a set of equilibrium prices.
A gripping history of the pioneers who sought to use science to predict financial marketsThe period leading up to the Great Depression witnessed the rise of the economic forecasters, pioneers who sought to use the tools of science to predict the future, with the aim of profiting from their forecasts.
Power to the People examines the varied but interconnected relationships between energy consumption and economic development in Europe over the last five centuries.
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.
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.
How governmental failure led to the 2008 financial crisis-and what needs to be done to avoid another similar event Behind every financial crisis lurks a "e;political bubble"e;-policy biases that foster market behaviors leading to financial instability.
