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The positive theory of capital

Man, Economy, and State with Power and Market

by Murray N. Rothbard

The era of modern economics emerged with the publication of Carl Menger?s seminal work, Principles of Economics, in 1871. In this slim book, Menger set forth the correct approach to theoretical research in economics...


Working Scared (Or Not at All): The Lost Decade, Great Recession, and Restoring the Shattered American Dream

by Carl E. Van Horn

Working Scared tells the story of the American workforce during a period of wrenching economic change and two recessions. By tracing the experiences of workers in times of economic prosperity and economic recession,...


The Economic Process: An Instantaneous Non-Newtonian Picture

by Carmine Gorga

This book transports the reader from the world of mainstream economics, in which the object of observation is The Market (exchange), to a world in which the object of observation is the economic process. Both...


Bad Economics - Pestilent Economists, Profligate Governments, Debt, Dependency & Despair

by Peter Smith

Bad Economics is a book for everyone who wants to understand why things have gone wrong rather than slavishly accepting the mainstream version of events. It takes on the illusions and delusions which regularly...


Theory of the Leisure Class

by Thorstein Veblen

The Theory of the Leisure Class is one of the great works of economics as well as the first detailed critique of consumerism. Veblen argues that economic life is driven not by notions of utility, but by social...


Rediscovering Sustainability: Economics of the Finite Earth

by A.R.G. Heesterman & W.H. Heesterman

Drawing on historical and current data, this thought-provoking book summarises the pathways to the present predicament and maps out strategies to develop financial and economic systems for a sustainable world....


The Federal Reserve and the Financial Crisis

by Ben S. Bernanke

In 2012, Ben Bernanke, chairman of the U.S. Federal Reserve, gave a series of lectures about the Federal Reserve and the 2008 financial crisis, as part of a course at George Washington University on the role...


Comeback America: Turning the Country Around and Restoring Fiscal Responsibility

by David Walker

He's one of America's most capable, canny, candid, and independent financial experts. Now David M. Walker sounds a call to action. Comeback America is a tough-minded, innovative, inspiring guide to help us...


Transition Redesigned: A Practical Philosophy Perspective

by Wojciech W. Gasparski & Boleslaw Rok

Transition Redesigned deals with the philosophical bases of different types of transition: change in the economy, organizational/institutional change, and change in social and individual relationships. The editors’...


Awkward Embrace: The United States and China in the 21st Century

by Daniel Blumenthal & Phillip Swagel

In Awkward Embrace, Phillip Swagel applies his experience at the Treasury Department to show the reader why America’s economic relationship with China has been a beneficial one and details what needs to happen...


One Market Under God: Extreme Capitalism, Market Populism, and the End of Economic Democracy

by Thomas Frank

In a book that has been raising hackles far and wide, the social critic Thomas Frank skewers one of the most sacred cows of the go-go '90s: the idea that the new free-market economy is good for everyone.

Frank's...


Principles of Newspaper Management

by , James Pollard

Written by the once Director of the School of Journalism at the Ohio State University, this is a fascinating guide for anybody interested in becoming a journalist or involved in the world of the printed media....


Azerbaijan: Inclusive Growth in a Resource-Rich Economy

by Harun Onder

Azerbaijan experienced a "golden age" in the last decade, during which the average growth rate reached record high levels and poverty decreased significantly. On average, the economy grew by 15.3 percent per...


Handbook of Financial Markets: Dynamics and Evolution

by Thorsten Hens & Klaus Reiner Schenk-Hoppe

The models of portfolio selection and asset price dynamics in this volume seek to explain the market dynamics of asset prices. Presenting a range of analytical, empirical, and numerical techniques as well as...


Is China Over-Investing and Does It Matter?

by International Monetary Fund

Now close to 50 percent of GDP, this paper assesses the appropriateness of China's current investment levels. It finds that China's capital-to-output ratio is within the range of other emerging markets, but...


Shock Therapy! What Role for Thai Monetary Policy?

by International Monetary Fund

Thailand had to endure three major shocks during 2008-2011: the global financial crisis, the Japanese earthquake, and the Thai floods of 2011. Over this period, consistent with its inflation targeting framework,...


The East African Community: Prospects for Sustained Growth

by Il Houng Lee & Murtaza H. Syed

The East African Community (EAC) has been among the fastest growing regions in sub-Saharan Africa in the past decade or so. Nonetheless, the recent growth path will not be enough to achieve middle-income status...


Public Investment in Resource-Abundant Developing Countries

by James L. Smith

Natural resource revenues provide a valuable source to finance public investment in developing countries, which frequently face borrowing constraints and tax revenue mobilization problems. This paper develops...


Effects of Capital Flow Liberalization-What Is the Evidence from Recent Experiences of Emerging Market Economies?

by International Monetary Fund

This paper analyzes the experiences of emerging market economies (EMEs) that have liberalized capital flows over the past 15 years with respect to macroeconomic performance and risks to financial stability....