Category: Economics

The Wealth of Nations: Books I-III: Bks.1-3 (English Library)

By Adam Smith

Smith's THE WEALTH of countries used to be the 1st complete therapy of political financial system. initially added within the kind of lectures at Glasgow, the book's book in 1776 co-incided with America's statement of Independence. those volumes contain Smith's evaluate of the mercantile approach, his advocacy of the liberty of trade and undefined, and his well-known prophecy that "America may be one of many most excellent international locations of the world".

Show description

Continue reading The Wealth of Nations: Books I-III: Bks.1-3 (English Library)

Economic Facts and Fallacies

By Thomas Sowell

From considered one of America's so much individual economists, a brief, really good and revelatory e-book: the elemental rules humans most typically get incorrect approximately economics, and the way to contemplate the topic higher.
Economic evidence and Fallacies exposes essentially the most well known fallacies approximately fiscal issues--and does so in a full of life demeanour and with no requiring any previous wisdom of economics by means of the readers. those fallacies contain many ideals generally disseminated within the media and via politicians, equivalent to fallacies approximately city difficulties, source of revenue transformations, male-female financial adjustments, in addition to economics fallacies approximately academia, approximately race, and approximately 3rd international nations.
one of many issues of Economic proof and Fallacies is that fallacies should not easily loopy principles yet actually have a definite plausibility that provides them their staying power--and makes cautious exam in their flaws either worthy and significant, in addition to occasionally funny.
Written within the effortless to stick to form of the author's Basic Economics, this most recent ebook is ready to cross into higher intensity, with genuine international examples, on particular concerns.

Show description

Continue reading Economic Facts and Fallacies

The Oil Road: Travels from the Caspian to the City

By James Marriott, Mika Minio-Paluello

Happily filling an previous request.

From Caspian drilling rigs and Caucasus mountain villages to Mediterranean fishing groups and ecu capitals, this can be a trip in the course of the middle of our oil-obsessed society. mixing trip writing and investigative journalism, it charts a historical past of violent disagreement among geopolitics, revenue and humanity. From the progressive futurism of Nineteen Twenties Baku to the unblinking capitalism of recent London, this ebook unearths the relentless force to regulate fossil fuels. Harrowing, strong and insightful, The Oil Road maps the real fee of oil.

Show description

Continue reading The Oil Road: Travels from the Caspian to the City

Turning Point: End of the Growth Paradigm

This article discusses the present foundation of monetary development, concluding that it truly is is failing to carry, and is basically harming our clients for destiny safety. additional arguments suggest a potential long term approach for monetary revival - eco-restructuring. This approach contains a transferring clear of construction of products to creation of providers, last fabric cycles and taking out reliance on non-renewable assets.

Show description

Continue reading Turning Point: End of the Growth Paradigm

Routledge Handbook of the History of Global Economic Thought (Routledge Handbooks)

The Routledge guide of the historical past of world monetary suggestion deals the 1st finished review of the long-run historical past of monetary notion from a really foreign point of view. even if globalization has facilitated the unfold of principles among countries, the historical past of economics has tended to be studied both thematically (by topic), by way of diverse currents of notion, or separately (by economist). paintings has been released some time past at the monetary idea traditions of particular nations, yet this pioneering quantity is exclusive in supplying a wide-ranging comparative account of the improvement of financial rules and philosophies at the overseas stage.

The quantity brings jointly prime specialists at the improvement of financial rules from the world over in an effort to supply a really foreign comparability of the economics inside of geographical regions. every one writer provides a long term standpoint on economics of their sector, permitting international styles within the development of monetary principles over the years to be identified.

The in particular commissioned chapters disguise the colossal sweep of the historical past of economics throughout 5 international areas, together with Europe (England, Scotland, eire, Italy Greece, Spain, Portugal, Germany, Sweden, Russia and the Ukraine), the Americas (the united states, Canada, Mexico and significant the USA, Spanish-Speaking South the United States, Brazil and the Caribbean), the center East (Turkey, Israel, Arab-Islamic Economics, Persia/Iran, North Africa), Africa (West Africa, Southern Africa, Mozambique and Angola), and the Asia-Pacific quarter (Australia and New Zealand, China, Southeast Asia, the Asian Tigers, India.)

This rigorous, bold and hugely scholarly quantity may be of key curiosity to scholars, teachers, coverage pros and to basic readers around the globe.

Show description

Continue reading Routledge Handbook of the History of Global Economic Thought (Routledge Handbooks)

The Global Minotaur: America, Europe and the Future of the Global Economy (Economic Controversies)

In this provocative publication, Yanis Varoufakis—the fiery former finance minister in Greek’s new Syriza-led government—explodes the parable that financialization, useless law of banks, and generalized greed and globalization have been the foundation factors of the worldwide monetary quandary. quite, he indicates, they're signs of a far deeper malaise, one who may be traced all of the as far back as the nice melancholy, then during the stagflation of the Seventies, while a “Global Minotaur” used to be born. Today’s deepening quandary in Europe, Varoufakis indicates, is only one of the inevitable indicators of the weakening Minotaur—of a world procedure that's now as unsustainable because it is unbalanced. instead of easily diagnose an issue, in spite of the fact that, Varoufakis additionally bargains an answer, a software for introducing cause into what has develop into a perniciously irrational fiscal order.

an important, powerfully polemical account of the hidden histories that proceed to form our international and financial system at the present time, this ebook from a big participant at the level of global finance, and with a brand new creation via Paul Mason, might be crucial interpreting for economists, coverage makers, and common electorate alike.

Show description

Continue reading The Global Minotaur: America, Europe and the Future of the Global Economy (Economic Controversies)

House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again

By Atif Mian, Amir Sufi

The nice American Recession ended in the lack of 8 million jobs among 2007 and 2009. greater than 4 million houses have been misplaced to foreclosure. Is it a twist of fate that the USA witnessed a dramatic upward push in family debt within the years prior to the recession—that the whole quantity of debt for American families doubled between 2000 and 2007 to $14 trillion? certainly no longer. Armed with transparent and strong facts, Atif Mian and Amir Sufi show in House of Debt how the good Recession and nice melancholy, in addition to the present financial malaise in Europe, have been attributable to a wide run-up in family debt by way of a considerably huge drop in loved ones spending.

although the banking drawback captured the public’s cognizance, Mian and Sufi argue strongly with genuine info that present coverage is just too seriously biased towards retaining banks and collectors. expanding the circulation of credits, they exhibit, is disastrously counterproductive while the elemental challenge is just too a lot debt. As their study exhibits, over the top loved ones debt results in foreclosure, inflicting participants to spend much less and retailer extra. much less spending skill much less call for for items, by means of declines in creation and large task losses. How will we finish one of these cycle? With an immediate assault on debt, say Mian and Sufi.  More competitive debt forgiveness after the crash is helping, yet as they illustrate, we will be able to be rid of painful bubble-and-bust episodes provided that the economy strikes clear of its reliance on rigid debt contracts. for instance, they suggest new loan contracts which are outfitted at the precept of risk-sharing, an idea that will have avoided the housing bubble from rising within the first place.

completely grounded in compelling financial facts, House of Debt offers convincing solutions to a few of an important questions dealing with the fashionable economic system this present day: Why do serious recessions ensue? might we've got avoided the good Recession and its effects? And what activities are had to hinder such crises going forward?

Show description

Continue reading House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again

SuperFreakonomics: Global Cooling, Patriotic Prostitutes, and Why Suicide Bombers Should Buy Life Insurance

By Steven D. Levitt, Stephen J. Dubner

Freakonomics lived at the New York instances bestseller record for an fabulous years. Now authors Steven D. Levitt and Stephen J. Dubner go back with extra iconoclastic insights and observations in SuperFreakonomics—the lengthy awaited follow-up to their New York occasions Notable blockbuster. Based on progressive study and unique experiences SuperFreakonomics promises to once more problem our view of how the realm really works.< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Show description

Continue reading SuperFreakonomics: Global Cooling, Patriotic Prostitutes, and Why Suicide Bombers Should Buy Life Insurance