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Now updated to include more information on Adam Smith, Karl Marx, Joseph Stglitz, imperfect markets, and behavioral economics, Mark Skousen's popular work provides an accessible introduction to the major economic thinkers of the past 225 years - including little-known and often amusing facts about their personal lives.
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"From Nobel Prize winner Amartya Sen, a long-awaited memoir about home, belonging, inequality, and identity, recounting a singular life devoted to betterment of humanity. The Nobel laureate Amartya Sen is one of a handful of people who may truly be called "a global intellectual" (Financial Times). A towering figure in the field of economics, Sen is perhaps best known for his work on poverty and famine, as inspired by events in his boyhood home of...
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In a sweeping narrative, the author of the mega-bestseller A Beautiful Mind takes us on a journey through modern history with the men and women who changed the lives of every single person on the planet. It's the epic story of the making of modern economics, and of how it rescued mankind from squalor and deprivation by placing its material fate in its own hands rather than in Fate. Nasar's account begins with Charles Dickens and Henry Mayhew observing...
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The Essential Galbraith includes key selections from the most important works of John Kenneth Galbraith, one of the most distinguished writers of our time-from The Affluent Society, the groundbreaking book in which he coined the tern "conventional wisdom," to The Great Crash, an unsurpassed account of the events that triggered America's worst economic crisis. Galbraith's new introductions place the works in their historical moment and make clear their...
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The life and times of America's celebrated economist, assessing his lessons-and warnings-for us today.
John Kenneth Galbraith's books-among them The Affluent Society and American Capitalism-are famous for good reason. Written by a scholar renowned for energetic political engagement and irrepressible wit, they are models of provocative good sense that warn prophetically of the dangers of deregulated markets, war in Asia, corporate greed, and stock-market...
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Friedrich A. Hayek is regarded as one of the preeminent economic theorists of the twentieth century, as much for his work outside of economics as for his work within it. During a career spanning several decades, he made contributions in fields as diverse as psychology, political philosophy, the history of ideas, and the methodology of the social sciences. Bruce Caldwell-editor of The Collected Works of F. A. Hayek-understands Hayek's thought like...
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"The surprising, often fiercely feminist, always fascinating, yet barely known, history of home economics. The term "home economics" may conjure traumatic memories of lopsided hand-sewn pillows or sunken cakes. But obscured by common conception is the story of the revolutionary science of better living. The field exploded opportunities for women in the twentieth century by reducing domestic work and providing jobs as professors, engineers, chemists,...
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"With "a voice as clear, sincere, and wry as any I've read in current American fiction" (Joshua Cohen), Martin Riker's poignant and startlingly original novel asks how to foster a brave mind in anxious times, following a newly jobless academic rehearsing a speech on John Maynard Keynes for a surprising audience. In a hotel room in the middle of the night, Abby, a young feminist economist, lies awake next to her sleeping husband and daughter. Anxious...
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"In the spring of 1934, Virginia Woolf sketched an affectionate three-page "biographical fantasy" of her great friend, John Maynard Keynes, attempting to encompass no less than 25 themes, which she jotted down at its opening: "Politics. Art. Dancing. Letters. Economics. Youth. The Future. Glands. Genealogies. Atlantis. Mortality. Religion. Cambridge. Eton. The Drama. Society. Truth. Pigs. Sussex. The History of England. America. Optimism. Stammer....
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Adam Smith (1723-1790) is now widely regarded as the greatest economist of all time. But what he really thought, and the implications of his ideas, remain fiercely contested. Was he an eloquent advocate of capitalism and individual freedom? A prime mover of "market fundamentalism"? An apologist for human selfishness? Or something else entirely? In Adam Smith, political philosopher Jesse Norman dispels the myths and caricatures, and provides a far...
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"The riveting third edition of this New York Times bestselling title expands its focus to China, exposes corruption on an international scale, and offers much-needed solutions. Extensively updated, this edition features fourteen new chapters, including a new introduction and conclusion. The book brings the story of economic hit men (EHMs) up-to-date and focuses on China's EHM strategy. EHMs are highly paid professionals who use development loans to...
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"In Maverick, Jason Riley explores the life and ideas of Thomas Sowell, one of America's most influential and trenchant Black social critics and conservative intellectuals alive today. Riley offers an introduction to Sowell's ideas, from race and inequality to politics, economics, and education. Riley considers Sowell's own history alongside the moments and movements that shaped his thinking"--
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L. Randall Wray is professor of economics at Bard College, senior scholar at the Levy Economics Institute of Bard College.
Perhaps no economist was more vindicated by the global financial crisis than Hyman P. Minsky (1919–96). Although a handful of economists raised alarms as early as 2000, Minsky's warnings began a half-century earlier, with writings that set out a compelling theory of financial instability. Yet even today he remains largely...
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"As chairman of the Federal Reserve (1979-1987), Paul Volcker slayed the inflation dragon that was consuming the American economy and restored the world's faith in central bankers. That extraordinary feat was just one pivotal episode in a decades-long career serving six presidents. His insight into world-changing events such as the end of the Bretton Woods system, the closing of the 'gold window, ' and the financial crisis of 2008 provide enduring...