Showing titles in Macroeconomics

Over the last four decades, debt, bankruptcy, and home foreclosures have risen to epidemic levels, and the personal savings rate has sunk dangerously low. Why, in the richest nation on Earth, can't Americans hold on to their money? First published in 2008, Stuart Vyse's Going Broke described the epidemic of personal debt that existed in the years leading up to the Great Recession and anticipated the home mortgage crisis that started it. Ten years later, this fully updated new edition tackles the post-recession era of economic recovery.

 Misunderstanding Financial Crises offers a back-to-basics overview of financial crises and shows that they are not rare, idiosyncratic events caused by a perfect storm of unconnected factors. Instead, Gorton shows how financial crises are, indeed, inherent to our financial system.  

In Divested, Ken-Hou Lin and Megan Tobias Neely document how the ascendance of finance on Wall Street, Main Street, and among households is a fundamental cause of economic inequality. They argue that finance has reshaped the economy in three important ways. First, the financial sector extracts resources from the economy at large without providing commensurate economic benefits to those outside the financial services industry.

The Infinite Desire for Growth spotlights the obsession with wanting more, and the global tensions that have arisen as a result. Amid finite resources, increasing populations, environmental degradation, and political unrest, the quest for new social and individual goals has never been so critical. Leading economist Daniel Cohen provides a whirlwind tour of the history of economic growth, from the early days of civilization to modern times, underscoring what is so unsettling today.

Las estrategias de cambio son un requisito indispensable para competir en el siglo XXI. Sin embargo, las fórmulas no bastan por sí solas si descuidamos el papel determinante de un liderazgo eficaz para coordinarlas. La prueba está en el elevado índice de fracasos que se asocia a las transformaciones dentro del ámbito de la empresa. John P. Kotter, con su bagaje de veinticinco años de experiencia, nos muestra los errores básicos que surgen en todo proceso de cambio y qué podemos hacer para corregirlos.

Blending economic analysis with political drama, EuroTragedy is a groundbreaking account of the euro's history and tragic consequences. In this vivid and compelling chronicle, Ashoka Mody describes how the euro improbably emerged through a narrow historical window as a flawed compromise wrapped in a false pro-European rhetoric of peace and unity. 

Economic theories and models shape our everyday lives. They are relied on by politicians when tax rises or cuts are being considered. They inform debates about everything from bonuses for CEOs to minimum wage rates, to the level of job protection enshrined in law. They determine what levels of tobacco or petrol duty are charged and influence government approaches to issues as diverse as obesity and climate change. But are policy makers right to be so slavishly reliant on them? Tom Bergin is sceptical, and he subjects eight of the most prevalent economic mantras to close scrutiny.

The economy isn’t just for the economists to debate on. All of us are affected by its ups and downs—global recession, rise in interest rates, or hike in food prices. But do we understand the principles at work and how and why they really affect us? Day to Day Economics is an...

Rationing: It’s a word and idea that people often loathe and fear. Health care expert Henry Aaron has compared mentioning the possibility of rationing to "shouting an obscenity in church". Yet societies in fact ration food, water, medical care, and fuel all the time, with those who can pay the most getting the most. As Nobel Prize-winning economist Amartya Sen has said, the results can be "thoroughly unequal and nasty". In Any Way You Slice It, Stan Cox shows that rationing is not just a quaint practice restricted to World War II memoirs and 1970s gas station lines. Instead, he persuasively argues that rationing is a vital concept for our fragile present.

Embark on a captivating journey through time with "From Serf to Citizen" as author Benjamin Miller, armed with a unique blend of business acumen and legal expertise, delves into the fascinating interplay between medieval structures and contemporary society. Unveiling the historical tapestry of serfdom, Miller skillfully navigates through the annals of time to provide a rich understanding of the roots that have shaped our modern world.

From an award-winning professor of economics, an accessible and comprehensive introduction to what causes, and what can address, increases in the cost of living.

Widely recognized as one of the most influential economists of the 20th century, Vilfredo Pareto helped to develop Microeconomics and established a number of theorems that bear his name. He is perhaps best known for the Pareto Principle or the 80/20 Principle, Pareto Index, and Pareto Efficiency. Following Léon Walras as Chair of Political Economy at the University of Lausanne, Pareto was one of the first to incorporate sociology and mathematics into the study of economics, thus bringing rigor to the discipline and solidifying it as a science.

In The Price of Money, the Bloomberg Economics team explain the evolution of the natural rate, the forces driving it, where it is headed, and what that means for everything from government debt to saving for retirement.

This book explores the rapid acceleration of change in our world, emphasizing the need for a more ethical and moral society. Technological advancements—artificial intelligence, genetic engineering, space exploration—are reshaping life at an unprecedented pace. The 20th century saw rapid transformation, but the 21st century will be even more disruptive. AI, particularly Generative AI, is set to revolutionize industries, redefine jobs, and challenge human identity.

There are three ways in which people can make money through the stock market: by investing, by trading or both. However, whether one invests, trades or does both, a fundamental understanding of how the stock market works is critical. Clichéd as it may sound, this book provides a fresh...

Mensen gebruiken wereldwijd meer dan 160 verschillende munteenheden, elk met hun eigen monopolie binnen de landsgrenzen. De meeste verliezen echter snel aan waarde en zijn buiten hun eigen gebied nauwelijks bruikbaar. Geboren worden in het 'verkeerde' land kan sparen daardoor onnodig moeilijk maken. In Geldnood kijken we naar de geschiedenis van geld door de bris van technologische vooruitgang. Politiek speelt lokaal en tijdelijk een rol, maar uiteindelijk is het technologie die structurele, wereldwijde veranderingen aanjaagt.

Is humanity ready to give up knowledge to machines?

The Economics of Poverty reviews critically past and present debates on poverty, spanning both rich and poor countries. The book provides an accessible new synthesis of current economic thinking on key questions: How is poverty measured? How much poverty is there? Why does poverty exist, and is it inevitable? What can be done to reduce poverty? Can it even be eliminated? The book does not assume that listeners know economics already.

"Life Insurance and Slavery: The Dark History of Profit and Human Commodification" by Elvin Lee Blake Thompson is a revealing exploration of the disturbing intersection between the financial industry and the transatlantic slave trade. This meticulously researched work uncovers how several prominent American insurance companies played a pivotal role in perpetuating and profiting from the institution of slavery by insuring the lives of enslaved individuals and the ships that transported them.

Creative destruction, what the economist Joseph Schumpeter called “the essential fact about capitalism," describes change or disruption in the economy caused by innovations that replace traditional technologies and practices. Creative destruction is a force so powerful that it has not only shaped economies but also politics, culture, and social relations. In clear and accessible prose, Dalton and Logan illustrate the nature and varieties of creative destruction, how it is central to innovation and entrepreneurship, and why it is important for economic growth.