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Incommensurability and its Implications for Practical Reasoning, Ethics and Justice

by Martijn Boot

If values conflict and rival human interests clash we often have to weigh them against each other. However, under particular conditions incommensurability prevents the assignment of determinable and impartial...


The Knowledge We Have Lost in Information

by Philip Mirowski & Edward Nik-Khah

Information is a central concept in economics, and The Knowledge We Have Lost in Information explores its treatment in modern economics. The study of information, far from offering enlightenment, resulted in...


Interdisciplinary Studies of the Market Order

by Peter J. Boettke, Christopher J. Coyne & Virgil Henry Storr

Market process theory is crucial to our knowledge and expectations of actors working toward economic coordination and cooperation. In the wake of the 2008 financial crisis, there has been a renewed interested...


James M. Buchanan and Liberal Political Economy

by Richard E. Wagner

James M. Buchanan and Liberal Political Economy: A Rational Reconstruction examines the contemporary meaning and significance of James M. Buchanan’s body of work. The book uses Buchanan’s past contributions...


Discovering Prices

by Paul Milgrom

Traditional economics focuses on hypothetical markets in which prices alone can guide efficient allocation, with no need for central organization. Such models build from Adam Smith’s famous concept of the...


The Art of Getting Money

by P. T. Barnum

The Art of Getting Money is a highly entertaining and edifying book by one of the greatest showmen of all times - P. T. Barnum. In this book he gives a set of rules guaranteed to ensure success. It is simply...


The Economic Growth Controversy

by Andrew Weintraub, Eli Schwartz & J. Richard Aronson

Is economic growth desirable? Possible? Necessary? The distinguished social scientists represented in this collection give conflicting answers, resulting in a lively debate on the costs and benefits of growth...


Inequality and Uneven Development in the Post-Crisis World

by Sebastiano Fadda & Pasquale Tridico

In the years following the financial crash, two issues have become central to the debate in economics: inequality and the uneven nature of sustainable development. These two issues are at the core of this book...


Economic Literacy and Money Illusion: An Experimental Perspective

by Helena Chytilova

The concept of money illusion, a recently resurrected phenomenon of behavioral economics, is a real fact of economic life, the potential role of which should no longer be dismissed. Despite money illusion being...


Varieties of Alternative Economic Systems: Practical Utopias for an Age of Global Crisis and Austerity

by Richard Westra, Robert Albritton & Seongjin Jeong

In this age of overlapping and mutually reinforcing deep global crises (financial convulsions, global warming, mass migrations, militarism, inequality, selfish nation-states, etc.), there needs to be more realistic...


Radical Political Economy: Sraffa Versus Marx

by Robin Hahnel

For too long radical political economy has suffered for lack of a coherent alternative to formal Marxian economic theory. People have had to choose between (1) continuing to use a formal model based on the labor...


Adaptive Markets

by Andrew W. Lo

Half of all Americans have money in the stock market, yet economists can't agree on whether investors and markets are rational and efficient, as modern financial theory assumes, or irrational and inefficient,...


Equilibrium Models in Economics

by Lawrence A. Boland

The concept of equilibrium is fundamental to economic theory, according to which, it exists when supply and demand are balanced. Equilibrium Models in Economics critically examines the major problematic assumptions...


The Ethics of Neoliberalism: The Business of Making Capitalism Moral

by Peter Bloom

The 21st century is the age of "neo-liberalism" - a time when the free market is spreading to all areas of economic, political and social life. Yet how is this changing our individual and collective ethics?...


The End of Theory

by Richard Bookstaber

Our economy may have recovered from the Great Recession—but not our economics. In The End of Theory, Richard Bookstaber, one of the world's leading risk managers, discusses why the human condition and the...


The Oxford Handbook of Law and Economics

by Francesco Parisi

Covering over one-hundred topics on issues ranging from Law and Neuroeconomics to European Union Law and Economics to Feminist Theory and Law and Economics, The Oxford Handbook of Law and Economics is the definitive...


The Oxford Handbook of Law and Economics

by Francesco Parisi

Covering over one-hundred topics on issues ranging from Law and Neuroeconomics to European Union Law and Economics to Feminist Theory and Law and Economics, The Oxford Handbook of Law and Economics is the definitive...


The Oxford Handbook of Law and Economics

by Francesco Parisi

Covering over one-hundred topics on issues ranging from Law and Neuroeconomics to European Union Law and Economics to Feminist Theory and Law and Economics, The Oxford Handbook of Law and Economics is the definitive...


Completing Capitalism: Heal Business to Heal the World

by Jay Jakub, Bruno Roche & Colin Mayer

Proven, Profitable, and Sustainable

For the past fifty years, leaders in the business world have believed that their sole responsibility is to maximize profit for shareholders. But this obsessive focus was a...


Capitalists Arise!: End Economic Inequality, Grow the Middle Class, Heal the Nation

by Peter Georgescu & David Dorsey

Peter Georgescu arrived in this country as a penniless Romanian refugee and rose to become the CEO of Young & Rubicam. This is why he's so heartsick that with flat wages, disappearing jobs, and a shrinking middle...