Economic Theory

David Hume (1711–1776) is a towering and intriguing figure. He was the preeminent philosopher in what is now called the Scottish Enlightenment, a time that was “crowded with genius” and in a place regarded as the rebirth of the golden era of Athens. His writing displayed an astonishing range, addressing everything from metaphysics to politics, and in subject after subject, he produced fresh, novel, and brilliant insights.

Economics is essential for understanding the world around you. Billions of people across the planet wake up every morning and participate in a profoundly complex and interconnected global economy.

As the chief economist at Spotify, Will Page has had the best seat in the house for witnessing - and harnessing - the power of disruptive change. Music has often been the canary in the coal mine for major technological and societal shifts, and if there’s one thing Page learned from the digital revolution, it’s that businesses must be ready to pivot. Drawing practical lessons from a variety of fresh case studies covering Radiohead, Starbucks, and even Groucho Marx, Page examines the eight principles that disruption has thrown into sharp relief as keys to survival in any sector.

For over a decade now, the American economy has been on a rollercoaster - an economic boom between 2003 and 2008, followed by a severe economic downturn, and with a historically slow and weak recovery from 2009 until the present. The recession of 2008-2009 had its origin in years of monetary mismanagement by the Federal Reserve System and misguided economic policies emanating from Washington, DC.

Adam Smith is now widely regarded as 'the father of modern economics' and the most influential economist who ever lived. But what he really thought, and what the implications of his ideas are, remain fiercely contested. Was he an eloquent advocate of capitalism and the freedom of the individual? Or a prime mover of 'market fundamentalism' and an apologist for inequality and human selfishness? This exceptional book, by a writer who combines to an unusual degree intellectual training and practical political experience, dispels the myths and caricatures and gives us Smith in the round.

During the harshest year of the Great Depression, Lorena Hickok, a top woman news reporter of the day and intimate friend of Eleanor Roosevelt, was hired by FDR’s right-hand man Harry Hopkins to embark upon a grueling journey to the hardest-hit areas of the country to report back on the degree of devastation. Distinguished historian Michael Golay draws on a trove of original sources - including the moving, remarkably intimate, almost daily letters between Hickok and Eleanor Roosevelt - as he re-creates that extraordinary journey.

Living in exile in England, where this work was largely written, Marx drew on a wide-ranging knowledge of its society to support his analysis. Arguing that capitalism would cause an ever-increasing division in wealth and welfare, he predicted its abolition and replacement by a system with common ownership of the means of production. Capital rapidly acquired readership throughout the world, to become a work described by Marx's collaborator Friedrich Engels as 'the Bible of the working class'.

Discover everything you need to know about economics. With clear, jargon-free language, How Economics Works is a comprehensive and user-friendly guide to all aspects of economics. Covering everything from economic theories to economies in action, the audiobook presents the groundbreaking ideas of key economists - from Adam Smith and John Maynard Keynes to Joseph Schumpter and Milton Friedman - in a uniquely easy-to-understand way.

For the past few decades, the financial world has often displayed an unreasonable willingness to believe that "the model is right, the market is wrong," in spite of the fact that these theoretical machinations were largely responsible for the stock market crash of 1987, the LTCM crisis of 1998, the credit crisis of 2008, and many other blow-ups, large and small.

2020년 코로나 19라는 초유의 사태로, 일찍이 경험해 보지 못한 일들이 잇달아 일어나고 있다. 모든 것이 그 이전과는 다른, 우리가 경험해보지 못한 '달라진 세계'에 대한 전망과 담론장이 폭발하고 있다. 하지만 그런 담론의 범람 속에서 고민의 '방향'을 함께 질문하려는 시도가 드문 것이 사실이다.

The idea that people are basically driven by individualism and economic incentives and that prosperity and good societies come from top-down leadership has dominated politics for the last 30 years (from some perspectives, much longer). This book shows that the age of homo economicus and centralisation is coming to an end. Instead, Collier and Kay argue that community and mutuality will be the drivers of successful societies in the future - as they are already in some parts of the world.

Despite the enormous problems we face and widespread dissatisfaction with the status quo, it's surprisingly hard to find a coherent vision of what a better, fairer society would look like. Free and Equal provides that vision. In this hugely ambitious and exhilarating debut, philosopher and economist Daniel Chandler argues that the ideas we need are hiding in plain sight, in the work of the twentieth century's greatest political philosopher, John Rawls. Although they have transformed philosophy, his ideas have had little impact on politics - until now.

Evolving from the premise that customers have always behaved more like cats than Pavlov's dogs, Waiting for Your Cat to Bark? examines how emerging media have undermined the effectiveness of prevailing mass marketing models. At the same time, emerging media have created an unprecedented opportunity for businesses to redefine how they communicate with customers by leveraging the power of increasingly interconnected media channels.

A Participatory Economy presents a clear and accessible post-capitalist model for those without extensive training or understanding of economics. Robin Hahnel is a trained economist and a co-founder of the idea of Participatory Economics, an evolving concept that offers a comprehensive blueprint for an alternative to capitalism. Robin Hahnel shows how placing decision making into the hands of producers and consumers can be a way to meet needs responsibly.

Decades after The Death and Life of Great American Cities forever changed the field of urban studies, Jane Jacobs—one of the few contemporary thinkers whose works will remain in print for generations—brought us a modern classic on economies and ecology. The Nature of Economies is written in the form of a Platonic dialogue, a conversation over coffee among five contemporary New Yorkers. The question they discuss is: Does economic life obey the same rules as those governing nature? The answers that emerge will shape the way people think about how economies really work.

Where is 'home'? For Amartya Sen home has been many places - Dhaka in modern Bangladesh, where he grew up; the village of Santiniketan, where he was raised by his grandparents as much as by his parents; Calcutta, where he first studied economics and was active in student movements and Trinity College, Cambridge, to which he came aged 19. Sen brilliantly recreates the atmosphere in each of these.

Riane Eisler proposes a new "caring economics" that takes into account the full spectrum of economic activities - from the life-sustaining activities of the household, to the life-enriching activities of caregivers and communities, to the life-supporting processes of nature.

This audiobook was created based on Peter Drucker's long business, consulting, and writing career. He focuses on what to do, what not to do, and how to keep a clear corporate identity and mission. He addresses how all organizations eventually go obsolete and their theory of their business no longer works.

Deep new rifts are tearing apart the fabric of Britain and other Western societies: thriving cities versus the provinces, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit and the return of the far right in Germany.

Economics can explain everything, from why people behave the way they do to how governments and businesses organize themselves. As the blockbuster best-seller Freakonomics demonstrated, economics can explain everything - from why people behave the way they do to how governments and businesses organize themselves. But are the basic assumptions and conclusions in Freakonomics true? Does the free market usually lead to unintended and negative consequences?