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Basic Economics

by Thomas Sowell

In this fifth edition of Basic Economics, Thomas Sowell revises and updates his popular book on common sense economics, bringing the world into clearer focus through a basic understanding of the fundamental...


Moral Hazard in Health Insurance

by Amy Finkelstein, Jonathan Gruber & Joseph Newhouse

In this short and accessible book, Amy Finkelstein—winner of the 2012 John Bates Clark award—tackles the tricky question of moral hazard, which is the tendency to take risks when the cost will be borne by...


Why we can't afford the rich

by Andrew Sayer

Why we can't afford the rich exposes the unjust and dysfunctional mechanisms that allow the top 1% to siphon off wealth produced by others, through the control of property and money. Andrew Sayer shows how the...


The real Keynesian Theory, explained brief and simple

by Fabrizio V. Catullo

A simple and brief explanation of the Keynesian Theory and what's behind and before it: politics. That's all. There is no such thing like a “good” or a “bad” economic policy. It is only about where politics...


Uncertainty, Expectations, and Financial Instability: Reviving Allais's Lost Theory of Psychological Time

by Eric Barthalon

Eric Barthalon applies the neglected theory of psychological time and memory decay of Nobel Prize–winning economist Maurice Allais (1911–2010) to model investors’ psychology in the present context of recurrent...


Economic Growth and Sustainability: Systems Thinking for a Complex World

by Karen L. Higgins

How to sustain our world for future generations has perplexed us for centuries. We have reached a crossroads: we may choose the rocky path of responsibility or continue on the paved road of excess that promises...


Financial Crisis, Contagion, and Containment: From Asia to Argentina

by Padma Desai

This book provides a sweeping, up-to-date, and boldly critical account of the financial crises that rocked East Asia and other parts of the world beginning with the collapse of the Thai baht in 1997. Retracing...


Institutional Adjustment: A Challenge to a Changing Economy

by Carey C. Thompson

This collection of essays presents a stimulating and challenging examination of the nature of institutional adjustment, its history and its future, its problems and its purposes. The focus is on the pioneer...


How to Keep a Competitive Edge in the Talent Game: Lessons for the EU from China and the US

by Christal Morehouse & Matthias Busse

This book offers a comparison of the provision of higher education in the EU, the US and China, an evaluation of how the EU fares and recommendations for how higher education might be improved in order to secure...


The Great Rebalancing: Trade, Conflict, and the Perilous Road Ahead for the World Economy

by Michael Pettis

China’s economic growth is sputtering, the Euro is under threat, and the United States is combating serious trade disadvantages. Another Great Depression? Not quite. Noted economist and China expert Michael...


Bearing Society in Mind: Theories and Politics of the Social Formation

by Samuel A. Chambers

Bearing Society in Mind disrupts the disciplinary boundaries of economic, political and cultural theory by exploring the theory and politics of the social formation.


The Escape from Balance Sheet Recession and the QE Trap: A Hazardous Road for the World Economy

by Richard C. Koo

Compare global experiences during the balance sheet recession and find out what is needed for a full recovery

The Escape from Balance Sheet Recession and the QE Trap details the many hidden dangers remaining...


Financial Crisis and the Failure of Economic Theory

by Ángel Rodriguez, Jorge Turmo & Oscar Vara

The global financial crisis of 2008 was largely unpredicted. If economic theory has a role to play in predicting future catastrophes then the methods we rely on need to change. The authors of this study propose...


The Quest for Prosperity: How Developing Economies Can Take Off

by Justin Yifu Lin

How can developing countries grow their economies? Most answers to this question center on what the rich world should or shouldn’t do for the poor world. In The Quest for Prosperity, Justin Yifu Lin—the...


Economics After the Crisis: An Introduction to Economics from a Pluralist and Global Perspective: An Introduction to Economics from a Pluralist and Gl

by Irene van Staveren

Economics After the Crisis is an introductory economics textbook, covering key topics in micro and macro economics. However, this book differs from other introductory economics textbooks in the perspective it...


Austrian Economics Re-examined: The Economics of Time and Ignorance: The Economics of Time and Ignorance

by Gerald P O'Driscoll Jr & Mario Rizzo

Austrian Economics Re-examined: The Economics of Time and Ignorance is an expanded version of the 1996 edition of The Economics of Time and Ignorance. This work is a classic statement of the role of subjectivism,...


The European Union and Supranational Political Economy

by Riccardo Fiorentini & Guido Montani

The financial crisis - originated in 2008 in the United States - had a dramatic impact on the world economy. The European Union was immediately involved, but its reaction to the crisis was clearly inadequate....


Macroeconomic Policies in Indonesia since the Asian Financial Crisis of 1997: Indonesia economy since the Asian financial crisis of 1997

by Anwar Nasution

This book gives insight on the dynamics and route of economic policies that have been taken and implemented since the point of institutional reforms in 1998 that were triggered from the context of the financial...


The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia

by Shaun Rein

China's changing course, and sustainable success requires a shift in strategy

The End of Copycat China helps business executives and investors understand how China's economy is shifting from one based on heavy...


Industrial Poverty: Yesterday Sweden, Today Europe, Tomorrow America

by Sven R. Larson

Conventional wisdom says that Europe's crisis is a financial crisis. But is this really the case? In Industrial Poverty, economist Sven R. Larson, challenges this view and suggests instead that Europe is in...