Showing titles in Theory

What is the GDP, and what does it mean? Why does the stock market go down when interest rates go up? What causes a dreaded recession? Economics impacts everyone's life, but most people take on faith what they read in the newspaper. Now, for anyone who doesn't know much about economics, noted economist Todd Buchholz explains it all simply and clearly. With refreshing wit and irreverence, Buchholz takes listeners by the hand and reveals the basic rules behind everything from food prices to trade deficits.

In this stunning new story of political economy, author Eric Robert Morse examines why the modern system has become so unwieldy and explains what must be done to correct it. His astute analysis and fascinating storytelling take readers on an epic journey, from the dawn of free-market capitalism during the age of exploration, through the industrial revolution and Adam Smith, to the rise of Keynesianism and the dominance of the welfare state....

In 2004, Argentina’s President, Nestor Kirchner, appointed Martín Redrado to lead their country’s Central Bank. It was the logical choice, considering that Harvard-educated and Wall Street-seasoned Redrado brought to the table an extensive knowledge of world economics. Redrado’s primary assignment as president was to provide monetary and financial stability to a country wrecked with cyclical breakups. In early 2010, Cristina Kirchner ordered the Central Bank to fund public spending and pay national debts. Martín Redrado refused.

The power of economic thinking can be explained by seven core principles, which are accountability, investments, economy, incentive, freedom of choice, nondiscrimination, and one price.

Standort Deutschland ist ein Hort von trägen, selbstzufriedenen Besitzstandwahrern, diagnostiziert ein Chor von Experten und verlangt, dass wir so mobil, flexibel und risikobereit wie die Amerikaner werden. Alles ist auf dem Prüfstand: der Sozialstaat, die Gewerkschaften, unsere Stabilitätskultur, unsere Ordnungspolitik. Alles Unsinn, sagt Detlef Gürtler und fordert Schluss mit dem Gejammer über vermeintliche Schwächen, die in Wahrheit unsere Stärken sind. Detlef Gürtler, Jahrgang 1964, lebt und arbeitet in Berlin, Marbella und Rüschlikon bei Zürich.

Es imposible calcular el alcance exacto de la crisis del Coronavirus en nuestra economía, salud y forma de vida a partir de ahora. Lo único que sabemos es que salimos a un mundo distinto al que hemos conocido, y eso no tiene que ser necesariamente malo. Para vivir esta nueva era llena de...

Wir leben in einem parasitären System. Darin ist die schnelle Mitnahme von Gewinn, Shareholderdividenden und Bankerboni attraktiver als das Schaffen von Wert, als der produktive Prozess, der eine gesunde Wirtschaft und Gesellschaft antreibt. Wir verwechseln die Schöpfer mit den Abschöpfern und haben den Blick dafür verloren, was wirklich Wohlstand schafft.

A Letter Concerning Toleration by John Locke was originally published in Latin in 1689. It was Locke's response to the problem of religion and government; he proposed religious toleration as the answer. For Locke, the only way a church gains genuine converts is through persuasion, not violence. Arguing that the government should not involve itself in spiritual matters, he offers three main reasons.

Financial crises are often blamed on unforeseeable events, the unforgiving nature of capital markets, or just plain bad luck. Too Smart for Our Own Good argues that these crises are caused by certain alluring investment strategies that promise both high returns and safety of capital. In other words, the severe and widespread crises we have suffered in recent decades were not perfect storms. Instead, they were made by us. By understanding how and why this is so, we may be able to avoid or ameliorate future crises - and maybe even anticipate them.

Bloomsbury presents Economics: The User's Guide by Ha-Joon Chang, read by Jonathan Keeble. From the internationally bestselling author and prizewinning economist—a highly original guide to the global economy. In his bestselling 23 Things They Don't Tell You About Capitalism, Cambridge...

Jam Tomorrow? recasts economics as a question of the balance between our needs and desires in the present and those of the future. This makes our changing perception of time a kind of invisible ink that links the micro to the macro, the past to the future, and that offers a new and challenging way of understanding the relationship between value, price, money and credit.

A Financial Times best book of 2020, an “utterly compelling” (The Sunday Times, London) argument from leading political analyst David Goodhart about the severely imbalanced distribution of status and work in western societies. The coronavirus pandemic revealed what we ought to have already...

An entertaining, deeply informative explanation of how high-level financial crimes work, written “with verve and wit” (The Sunday Times, London) by an industry insider who’s an expert in the field. The way most white-collar crime works is by manipulating institutional psychology. That...

A renowned Harvard professor debunks prevailing orthodoxy with a new intellectual foundation and a practical pathway forward for a system that has lost its moral and ethical foundation. Free market capitalism is one of humanity's greatest inventions and the greatest source of prosperity the...

The Death of Homo Economicus explores the origin of this oppressive myth in order to destroy it. The story begins with the creation of a fake persona labelled the "dollar-hunting man", invented by economists Adam Smith and Friedrich Hayek. Today, this persona, driven by competition and ego, is used by politicians and managers to draw a veil over the terrible reality of work under capitalism.

Two leading behavioral scientists argue we should reject “nudge” policies and stop blaming personal failure for society’s failures "Excellent. A master class on how to blend individual psychology with institutions, so that people are encouraged to get involved and develop solutions to our...

Freakonomics for criminal justice, The Science of Second Chances presents a groundbreaking approach to criminal justice reform, revealing how small-scale interventions can reduce people’s chances of reoffending and break the incarceration cycle. When criminal justice expert Jennifer Doleac...

Richness or reach? For business leaders, it used to be a fundamental strategic tradeoff: focus on "rich information", customized products and services tailored to a niche market, or reach out to a broad, general market with watered-down information.

In this book, Nobel Prize-winning economist Edmund Phelps draws on a lifetime of thinking to make a sweeping new argument about what makes nations prosper--and why the sources of that prosperity are under threat today. Why did prosperity explode in some nations between the 1820s and 1960s, creating not just unprecedented material wealth but "flourishing"--meaningful work, self-expression, and personal growth for more people than ever before?

First published in 1776, this work is the classic statement of economic liberalism or the policy of laissez-faire and is widely considered on of the hundred greatest books of all time. Several fundamental principles or “axioms” were introduced in this work, including the division of labor...