Economic Theory

First published in 1776, the book offers one of the world's first collected descriptions of what builds nations' wealth. A fundamental work in classical economics. The book touches upon such broad topics as the division of labour, productivity, and free markets.

What if everything we thought we knew about history was wrong? From the global best-selling author of Empire, The Ascent of Money and Civilization, this is a whole new way of looking at the world. Most history is hierarchical: it's about popes, presidents, and prime ministers. But what if that's simply because they create the historical archives? What if we are missing equally powerful but less visible networks-leaving them to the conspiracy theorists, with their dreams of all-powerful Illuminati?

Following books by Malcolm Gladwell and Dan Ariely, noted economics professor William L. Silber explores the Hail Mary effect, from its origins in sports to its applications to history, nature, politics, and business.

A compelling argument - masterfully researched and brilliantly articulated - that despite increasing prosperity for most of Earth’s inhabitants and an explosion of goods overall, consumption of natural resources such as metals, water, and timber has begun to decline. Best-selling author and codirector of the MIT Initiative on the Digital Economy Andrew McAfee says there’s a new reason for optimism: We’re past the point of "peak stuff" - from here on out, it'll take fewer resources to make things and fewer dollars to lead a comfortable life.

In this sometimes shocking and always riveting book, Robert G. Kaiser who has covered Congress, the White House and national politics for The Washington Post since 1963, explains how and why over the last four decades, Washington became a dysfunctional capital.

Reflections on the Formation and Distribution of Wealth was a treatise written by French Enlightenment philosopher and civil servant Anne Robert Jacques Turgot. "This Essay May be Considered as the Germ of the Treatise on The Wealth of Nations, written by the Celebrated Smith" - Condorcet's Life of Turgot.

The real wealth of nations, Riane Eisler argues, is not merely financial, but includes the contributions of people and our natural environment. Here, Eisler goes beyond the market to reexamine economics from a larger perspective - and shows that we must give visibility and value to the socially and economically essential work of caring for people and the planet if we are to meet the enormous challenges we face.

Demokratie und Wohlstand, ein längeres Leben, mehr Gleichberechtigung und Bildung: Der Kapitalismus hat viel Positives bewirkt. Zugleich ruiniert er jedoch Klima und Umwelt, sodass die Menschheit nun existenziell gefährdet ist. "Grünes Wachstum" soll die Rettung sein, aber Wirtschaftsexpertin und Bestsellerautorin Ulrike Herrmann hält dagegen: Verständlich und messerscharf erklärt sie in ihrem neuen Hörbuch, warum wir stattdessen "grünes Schrumpfen" brauchen. Die Klimakrise verschärft sich täglich, aber konkret ändert sich fast nichts.

Gender equality is a moral and a business imperative. But unconscious bias holds us back, and de-biasing people’s minds has proven to be difficult and expensive. Diversity training programs have had limited success, and individual effort alone often invites backlash. Behavioral design offers a new solution. By de-biasing organizations instead of individuals, we can make smart changes that have big impacts.

Saving Social Security the American Way The Truth About Demographics, White Rage, and America's Economic Survival By Kaiim Daids What if the greatest threat to Social Security isn’t economic… but ideological? In this powerful and eye-opening eBook, Kaiim Daids delivers a bold, data-driven investigation into the racial, political, and economic fault lines shaping America’s future. Why Read This Book? By 2045, white Americans will no longer be the majority. To some, this is a simple demographic forecast. But for others, it's an existential crisis—one weaponized by white nationalists, ...

In January 2015, Yanis Varoufakis, an economics professor teaching in Austin, Texas, was elected to the Greek parliament with more votes than any other member of parliament. He was appointed finance minister, and, in the whirlwind five months that followed, everything he had warned about was confirmed as the "troika" (the European Central Bank, International Monetary Fund, and European Commission) stonewalled his efforts to resolve Greece's economic crisis.

The Skyscraper Curse is Dr. Mark Thornton's definitive work on booms and busts, and it explains why only Austrian economists really understand them. It makes business cycle theory accessible to a whole new 21st-century audience. And they need it, especially those under 40. Many of the brilliant quants working on Wall Street and at the Fed barely remember the Crash of 2008, much less understand it. But Mark Thornton does, and his book is a warning about overheated equity markets, overinflated housing prices, and clueless central bankers.

Forbes editor John Tamny uses entertaining stories from sports, movies, popular culture, and famous businesses to demonstrate the basic principles of economics. The Rolling Stones, the Dallas Cowboys, and Paris Hilton become examples of good and bad tax policy. The Godfather, Gone With the Wind, and The Sopranos reveal the downside of antitrust regulation while the Michigan Wolverines' 2007 loss to Appalachian State explains why regulations often fail to achieve their intended purposes.

Adam Smith (1723–1790) is widely hailed as the founding father of the discipline now known as economics, and he is widely credited as the founding father of what is now known as capitalism. Smith’s 1776 book, An Inquiry into the Nature and Causes of the Wealth of Nations, is often cited as the beginning of both economics and capitalism, and its influence since its publication ranks it among the most important works of the last millennium.

Eighteen years after the genocide that made Rwanda international news, yet left it all but abandoned by the West, the country has achieved a miraculous turnaround. Rising out of the complete devastation of a failed state, Rwanda has emerged on the world stage yet again - this time with a unique model for governance and economic development under the leadership of its strong and decisive president, Paul Kagame. Here, Patricia Crisafulli and Andrea Redmond look at Kagame’s leadership.

The question of what constitutes a fair price has been at the center of market interactions since the time of Aristotle. Should a seller sell to the highest bidder, or is there some other standard, such as a morally defined price, to be applied? Charles R. Geisst traces the ways that philosophers, religious leaders, and economists have sought to answer that question, from antiquity through the modern era.

An engrossing and deeply human chronicle of the past fifty years of American economic and social upheaval, viewed through the consequential life of the most powerful woman in American economic history, Janet Yellen, and her unconventional partnership in marriage and work with Nobel Laureate George Akerlof.

The hilarious, charming, and candid story of writer Christopher Ingraham’s decision to uproot his life and move his family to Red Lake Falls, Minnesota, population 1,400 - the community he made famous as “the worst place to live in America” in a story he wrote for the Washington Post.

The Economics of Belonging argues that we should step back and take a fresh look at the root causes of our current challenges. In this original, engaging book, Martin Sandbu argues that economics remains at the heart of our widening inequality and it is only by focusing on the right policies that we can address it. He proposes a detailed, radical plan for creating a just economy where everyone can belong. Sandbu demonstrates that the rising numbers of the left behind are not due to globalization gone too far.

No single individual is ever the sole founder of any major stance in political philosophy. Nevertheless, if one were forced to name the founder of the classical liberal perspective in political thought which holds as its primary political principle that individual liberty is to be respected and protected, one would have to point to the English philosopher John Locke.