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Why Smart People Make Big Money Mistakes And How To Correct Them

by Gary Belsky & Thomas Gilovich

Why do so many otherwise smart people make foolish financial choices? Why do investors sell stocks just before they skyrocket -- and cling to others as they plummer? Why do shoppers overspend when using credit...


Handbook of Computational Economics

by Karl Schmedders & Kenneth L. Judd

Handbook of Computational Economics summarizes recent advances in economic thought, revealing some of the potential offered by modern computational methods. With computational power increasing in hardware and...


The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle

China and the Asian Economies: Interactive Dynamics, Synergy and Symbiotic Growth: Interactive Dynamics, Synergy and Symbiotic Growth

by Dilip K. Das

The global economy is currently going through a period of transformation that has seen Asia emerge as the most rapidly growing, industrializing and modernizing region in the world economy. Whilst the rest of...


Understanding Development Economics: Its Challenge to Development Studies

by Adam Fforde

Important parts of development practice, especially in key institutions such as the World Bank, are dominated by economists. In contrast, Development Studies is largely based upon multidisciplinary work in which...


Local Government Financing Platforms in China: A Fortune or Misfortune?

by Yinqiu Lu & Tao Sun

China's rapid credit expansion in 2009-10 brought local government financing platforms (LGFPs) into the spotlight. This paper discusses their function, reasons behind their recent expansion, and risks they are...


Baltic and Icelandic Experiences of Capital Flows and Capital Flow Measures

by Audun Groenn & Maria Wallin Fredholm

The aim of this empirical study is to describe and provide analysis on the experience of managing capital flows in Iceland and the Baltic countries. During the build-up of the crisis, there were shortcomings...


Economic Principles: The Masters and Mavericks of Modern Economics

by David Warsh

For nearly ten years, readers of the Sunday Boston Globe and newspapers around America have delighted in David Warsh's column, "Economic Principals." This collection shows why. Taken as a whole, Warsh's writings...


Ten Crises

by Peter Montiel

Financial crises are dramatic events. When they emerge, they tend to dominate the attention of the press and become the focus of policymakers. In one form or another, they have affected the lives of millions...


Profiting Without Producing: How Finance Exploits Us All

by Costas Lapavitsas

Financialization is one of the most innovative concepts to emerge in the field of political economy during the last three decades, although there is no agreement on what exactly it is. Profiting Without Producing...


How Real is the Federal Deficit?

by Robert Eisner

Eisner argues that the federal deficit as currently measured is inaccurate and misleading. When inflation is properly accounted for, he points out, a dramatically different picture of the deficit occurs. In...


Fat and Mean: The Corporate Squeeze of Working Americans and the

by David M. Gordon

Since the early 1980s, economic experts have recommended "downsizing" as the best way for U.S. corporations to remain competitive. Reducing unnecessary staff would lower costs, increase profits, and transform...


Right on the Money: Doug Casey on Economics, Investing, and the Ways of the Real World with Louis James

by Doug Casey

Your favorite financial contrarian spreads the wealth in interviews on forty separate topics

Investment guru Doug Casey made headlines with the financial approach he advocated in Totally Incorrect. Casey believes...


Competitiveness in the Real Economy: Value Aggregation, Economics and Management in the Provision of Goods and Services

by Rui Vinhas da Silva

Value aggregation to goods and services is unbelievably important to the balance of trade of modern nations, yet it receives minute attention by economists and policy-makers alike. In Competitiveness in the...


Handbook of Economic Growth

by Philippe Aghion & Steven Durlauf

Volumes 2A and 2B of The Handbook of Economic Growth summarize recent advances in theoretical and empirical work while offering new perspectives on a range of growth mechanisms, from the roles played by institutions...


Rediscovering Growth: After the Crisis: After the Crisis

by Andrew Sentance

The difficult economic climate in Europe and the United States since the financial crisis is set to continue as the New Normal, despite frantic efforts to stimulate growth. The long phase of expansion that lasted...


Growth Following Investment and Consumption-Driven Current Account Crises

by Alexander Klemm

Current account deficits imply increasing liabilities to the rest of the world. External sustainability then depends on whether these can be met in the future without defaulting, i.e., normally through trade...


International Corporate Governance Spillovers: Evidence from Cross-Border Mergers and Acquisitions

by Rui Albuquerque & Luis Brandao-Marques

We develop and test the hypothesis that foreign direct investment promotes corporate governance spillovers in the host country. Using firm-level data on cross-border mergers and acquisitions (M&A) and corporate...


Neuroeconomics: Decision Making and the Brain

by Paul W. Glimcher & Ernst Fehr

In the years since it first published, Neuroeconomics: Decision Making and the Brain has become the standard reference and textbook in the burgeoning field of neuroeconomics. The second edition, a nearly complete...


Future Energy: Improved, Sustainable and Clean Options for Our Planet

by Trevor Letcher

As the demand for global energy increases, fact-based evaluations of alternative energy sources are needed in order to address the growing interest in how energy is produced, provided, and transported in sustainable...