Public Economics

The former dean of the Yale School of Management and undersecretary of commerce in the Clinton administration chronicles the 1971 August meeting at Camp David, where President Nixon unilaterally ended the last vestiges of the gold standard - breaking the link between gold and the dollar - transforming the entire global monetary system.

"The National System of Political Economy" by Friedrich List, first published in 1841, is a seminal work that advocates for economic nationalism and the strategic use of protectionist policies to foster a country's economic development. List argues against the prevailing doctrine of free trade and presents a comprehensive framework for promoting domestic industry and infrastructure. His ideas have had a lasting impact on the development of industrial policy and international trade theory. The book remains a significant contribution to the understanding of economic development.

From one of the most important economic thinkers of our time, a brilliant and far-seeing analysis of the current populist backlash against globalization.

They say John Maynard Keynes called gold a "barbarous relic." They say there isn’t enough gold to support finance and commerce. They say the gold supply can’t increase fast enough to support world growth. They’re wrong. In this bold manifesto, best-selling author and eco­nomic commentator James Rickards steps forward to defend gold — as both an irreplaceable store of wealth and a standard for currency.

When Gene Sperling was in charge of coordinating economic policy in the Obama White House, he found himself surprised when serious people in Washington told him that the Obama focus on healthcare was a distraction because it was “not focused on the economy.” How, he asked, was the fear felt by millions of Americans of being one serious illness away from financial ruin not considered an economic issue? Too often, Sperling found that we measured economic success by metrics like GDP.

In The Real Crash, New York Times best-selling author Peter D. Schiff argues that America is enjoying a government-inflated bubble, one that reality will explode... with disastrous consequences for the economy and for each of us. Schiff demonstrates how the infusion of billions of dollars of stimulus money has only dug a deeper hole: The United States government simply spends too much and does not collect enough money to pay its debts, and in the end, Americans from all walks of life will face a crushing consequence.

En los últimos años China se ha convertido en una verdadera superpotencia de la IA y el único verdadero contrapeso nacional a Estados Unidos en esta tecnología emergente. Por ello, la forma en que estos dos países decidan competir y cooperar podría llegar a tener consecuencias dramáticas para la economía y la gobernabilidad mundial.

The finance sector of Western economies is too large and attracts too many of the smartest college graduates. Financialization over the past three decades has created a structure that lacks resilience and supports absurd volumes of trading. The finance sector devotes too little attention to the search for new investment opportunities and the stewardship of existing ones, and far too much to secondary-market dealing in existing assets. Regulation has contributed more to the problems than the solutions.

Marco Rubio's parents came to the United States in 1956. The country they found was truly a land of opportunity, where hardworking people with grade school educations could afford a home, a car, and college for their kids. A country where maids and bartenders could raise doctors, lawyers, small-business owners, and maybe even a US senator. That was the American Dream - our country's central promise to its people.

Why are cellphone plans so much more expensive in the United States than in Europe? It seems a simple question. But the search for an answer took Thomas Philippon on an unexpected journey through some of the most complex and hotly debated issues in modern economics. Ultimately, he reached a surprising conclusion: American markets, once a model for the world, are giving up on healthy competition.

In 1920-1921, Woodrow Wilson and Warren G. Harding met a deep economic slump by seeming to ignore it, implementing policies that most 21st-century economists would call backward. Confronted with plunging prices, wages, and employment, the government balanced the budget and, through the Federal Reserve, raised interest rates. No "stimulus" was administered, and a powerful, job-filled recovery was under way by late 1921. Yet by 1929, the economy spiraled downward as the Hoover administration adopted the policies that Wilson and Harding had declined to put in place.

En una seductora mezcla de rigor académico con historias insólitas, Viri Ríos - instructora de política pública, académica y periodista - devela el juego de intrincadas reglas, políticas y regulaciones ocultas que día a día alimentan la desigualdad mexicana, impidiéndonos mejorar nuestro nivel de vida.

Unlock the secrets to shaping tomorrow with Building the Future, an essential eBook that delves into the transformative power of infrastructure. Embark on a journey through history and explore how strategic investments have long served as the backbone of economic growth. From ancient roads to modern highways, understand the historical significance and ongoing relevance of infrastructure in driving prosperity. Discover the various types of infrastructure that sustain our societies, from the tangible physical structures that connect communities, to the digital networks that link us all in the...

By February 2020, the U.S. economic expansion had become the longest on record. Unemployment was plumbing half-century lows. Stock markets soared to new highs. One month later, the public health battle against a deadly virus had pushed the economy into the equivalent of a medically induced coma. America’s workplaces—offices, shops, malls, and factories—shuttered.

In 2018, Ben Bernanke, Tim Geithner, and Hank Paulson came together to reflect on the lessons of the 2008 financial crisis 10 years on. Recognizing that, as Ben put it, "the enemy is forgetting," they examine the causes of the crisis, why it was so damaging, and what it ultimately took to prevent a second Great Depression. And they provide to their successors in the United States and the finance ministers and central bank governors of other countries a valuable playbook for reducing the damage from future financial crises.

Throughout the 20th century, "free enterprise" has been a contested keyword in American politics, and the cornerstone of a conservative philosophy that seeks to limit government involvement into economic matters. Lawrence B. Glickman shows how the idea first gained traction in American discourse and was championed by opponents of the New Deal. Those politicians, believing free enterprise to be a fundamental American value, held it up as an antidote to a liberalism that they maintained would lead toward totalitarian statism.

Based on firsthand experiences from six years of professional work as a librarian in high-poverty neighborhoods of Washington, DC, as well as interviews and research, Overdue begins with Oliver's first day at an "unusual" branch: Northwest One. Using her experience at this branch allows Oliver to highlight the national problems that have existed in libraries since they were founded: racism, segregation, and class inequalities.

Capital is the defining feature of modern economies, yet most people have no idea where it actually comes from. What is it, exactly, that transforms mere wealth into an asset that automatically creates more wealth? The Code of Capital explains how capital is created behind closed doors in the offices of private attorneys, and why this little-known fact is one of the biggest reasons for the widening wealth gap between the holders of capital and everybody else.

In a sweeping narrative about the people and the politics behind the budget, Pulitzer Prize–winning reporter David Wessel looks at the 2011 fiscal year (which ended September 30) to see where all the money was actually spent, and why the budget process has grown wildly out of control.

The year 2020 brought a renewed awareness to the deep-rootedness of racism and white supremacy in every facet of American life. Until now, however, there has yet to be a book published for a general audience from the perspective of Black scholars and experts proposing ideas from a policy-oriented standpoint. The Black Agenda: Bold Solutions for a Broken System features Black voices across economics, education, health, climate, and technology, speaking to the question "What's next?" as it pertains to centering Black people in policy matters in our country.