Macroeconomics

Discover the ins and outs of the economy with this engaging, informative, and easy-to-navigate 2nd edition guide with all-new entries and updates.Too often, textbooks turn the noteworthy details of economics into tedious discourse that would put even...

'Crypto', a loose term that means many things to different people, only entered the public consciousness within the last five years or so, now evident by the volume of public discussion, commentary and analysis spread across every...

A rigorous defense of free markets and open enterprise in the tradition of Adam Smith.During the 20thcentury, Vietnam and Poland were both victims not only of devastating wars, but also of socialist planned economies that destroyed whatever war hadn't...

The consensus on Alan Greenspan's performance as Fed chair used to be extremely positive, but more and more it's been called into question. Now, 2008 has seen Ben Bernanke in the eye of a storm that was created largely during Greenspan's tenure. His...

From leading geostrategy experts comes an indispensable guide for executives seeking to thrive and create long-term value in the next era of global competition. How do executives position a company for growth when the geopolitical future is uncertain?...

An essential new guide to navigating macroeconomic risk.The shocks and crises of recent years pandemic, recession, inflation, war have forced executives and investors to recognise that the macroeconomy is now a risk to be actively managed. Yet unreliable...

A novel perspective on monetary and fiscal policy that views money as the equity capital of a nationA conventional economic theory, monetarism, holds that inflation is a monetary phenomenon driven by changes in the supply of money. Yet recent experience...

With the inflation rate in the United States and many other countries on the rise for over a year and nearing double digits, the Hoover Institution hosted its 2022 conference on monetary policy. Policy makers, market participants, and academic...

Do the Fed's efforts to stabilize the economy worsen inequality?The Federal Reserve, the U.S. central bank, was built for a monetary system composed primarily of investor-owned, government-chartered banks. But over the years, the erosion of banking law...

In Constructing Change, Ezgi B. Unsal provides a political economy of electricity and housing provision in Turkey. By using the case studies of electricity and housing in Turkey, the book explores how social provision is increasingly commodified across...

During the 1980s and 1990s, European economies went through a period of slowing economic growth and high unemployment, what some economists described as "secular decline." On the other side of the Atlantic, the United States enjoyed a robust recovery...

Steve Forbes, Nathan Lewis, and Elizabeth Ames reveal what is behind the inflationary storm that is wreaking havoc on American pocketbooks.Inflation: What It Is, Why It's Bad, and How to Fix It explains what's behind the worst inflationary storm in more...

What managers need to know about macroeconomics--but are afraid to ask Now more than ever before, executives and managers need to understand their larger economic context. In A Concise Guide to Macroeconomics, David Moss leverages his many years of...

A bold agenda for a better way to assess societal well-being, by three of the world's leading economists and statisticians.In 2009, a group of economists led by Nobel laureate Joseph E. Stiglitz, French economist Jean-Paul Fitoussi, and Nobel laureate...

The progressive economics writer redefines the national conversation about American freedomHealth insurance, student loan debt, retirement savings, child care, work-life balance, access to home ownership-these are the issues driving America's current...

Praise for Richard Wolff and Democracy at Work:"Richard Wolff's constructive and innovative ideas suggest new and promising foundations for much more authentic democracy and sustainable and equitable development, ideas that can be implemented directly...

Why society's expectation of economic growth is no longer realistic Economic growth - and the hope of better things to come - is the religion of the modern world. Yet its prospects have become bleak, with crashes following booms in an endless...

An in-depth look at how politics and economics shape the relationship between Congress and the Federal ReserveBorn out of crisis a century ago, the Federal Reserve has become the most powerful macroeconomic policymaker and financial regulator in the...

In the wake of the 2008 financial crisis, critical attention has shifted from the economy to the most fundamental feature of all market economies-money. Yet despite the centrality of political struggles over money, it remains difficult to articulate its...

Why the dollar will remain the world's most powerful currencyMonetary rivalry is a fact of life in the world economy. Intense competition between international currencies like the US dollar, Europe's euro, and the Chinese yuan is profoundly political,...

The fascinating untold story of digital cash and its creators-from experiments in the 1970s to the mania over Bitcoin and other cryptocurrenciesBitcoin may appear to be a revolutionary form of digital cash without precedent or prehistory. In fact, it is...

A powerful new understanding of global currency trends, including the rise of the Chinese yuan At first glance, the modern history of the global economic system seems to support the long-held view that the leading world power's currency--the British...

An integrated approach to the economics of sovereign defaultFiscal crises and sovereign default repeatedly threaten the stability and growth of economies around the world. Mark Aguiar and Manuel Amador provide a unified and tractable theoretical...

In The Globalization of Inequality, distinguished economist and policymaker Francois Bourguignon examines the complex and paradoxical links between a vibrant world economy that has raised the living standard of over half a billion people in emerging...

How silver influenced two hundred years of world history, and why it matters todayThis is the story of silver's transformation from soft money during the nineteenth century to hard asset today, and how manipulations of the white metal by American...

From David Card, winner of the Nobel Prize in Economics 2021, and Alan Krueger, a provocative challenge to conventional wisdom about the minimum wageDavid Card and Alan B. Krueger have already made national news with their pathbreaking research on the...

From the field's leading authority, the most authoritative and comprehensive advanced-level textbook on asset pricing Financial Decisions and Markets is a graduate-level textbook that provides a broad overview of the field of asset pricing. John...

Who was the greater economist--Adam Smith or Charles Darwin? The question seems absurd. Darwin, after all, was a naturalist, not an economist. But Robert Frank, New York Times economics columnist and best-selling author of The Economic Naturalist,...

Why are banking systems unstable in so many countries--but not in others? The United States has had twelve systemic banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone but have...

A masterful introduction to the key ideas behind the successes-and failures-of free-market economicsSince 1946, Henry Hazlitt's bestselling Economics in One Lesson has popularized the belief that economics can be boiled down to one simple lesson: market...