Economic Theory

The power of economic thinking can be explained by seven core principles, which are accountability, investments, economy, incentive, freedom of choice, nondiscrimination, and one price.

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.

Ever since the dawn of human civilisation, we have been trying to make predictions about what's in store for us. We do this on a personal level, so that we can get on with our lives efficiently (should I hang my laundry out to dry, or will it rain?). But we also have to predict on a much larger scale, often for the good of our broader society (how can we spot economic downturns or prevent terrorist attacks?). For just as long, we have been getting it wrong.

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.

La historia de cómo Norteamérica ha pasado de ser un mercado abierto y competitivo a ser una economía en la que unas cuantas empresas dominan industrias clave. Los monopolios digitales como Google o Facebook actúan como guardianes del mundo digital. Nos da la impresión de que decidimos, pero para la mayoría de las decisiones críticas, cuando se trata de internet de alta velocidad, seguros médicos, atención sanitaria, redes sociales, búsquedas en internet o incluso bienes de consumo como la pasta de dientes, contamos solo con una o dos empresas.

The Last Days of New York: A reporter’s true tale tells the story of how a corrupted political system hollowed out New York City, leaving it especially vulnerable, all in the name of equity and “fairness”. When, in the future, people ask how New York City fell to pieces, they can be told - quoting Hemingway - “gradually, then suddenly”. New Yorkers awoke from a slumber of ease and prosperity to discover that their glorious city was not only unprepared for crisis, but that the underpinnings of its fortune had been gutted by the reckless mismanagement of Bill de Blasio.

Taxing the Rich draws on unparalleled evidence from 20 countries over the last two centuries to provide the broadest and most in-depth history of progressive taxation available. Scheve and Stasavage explore the intellectual and political debates surrounding the taxation of the wealthy while also providing the most detailed examination to date of when taxes have been levied against the rich and when they haven't.

Empty shelves, queues for petrol and energy shortages: crises more familiar to those who lived through the 1960s and 1970s have now become a reality as global shipping times are squeezed, containers lie unopened at docks and supply shortages push up inflation, increasing the cost of consumer goods from milk to cars to building materials. In Sold Out!, economic forecaster James Rickards (The Road to Ruin, The Death of Money) explains why the shelves are empty, who fractured the supply chain and why shortages will persist.

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.

This book examines one of the most important economic outcomes in American history - the breakdown of the Keynesian Revolution. Drawing on economic literature, the memoirs of economists and politicians, and the popular press, Eric Crouse examines how economic decline in the 1970s precipitated a political revolution. Keynesian thought flourished through the presidencies of Lyndon B. Johnson, Richard Nixon, and Gerald Ford, until stagflation devastated American workers and Jimmy Carter’s economic policies faltered, setting the stage for the 1980 presidential campaign.

The financial crisis that crested in 2008 destroyed the credibility of the economic thinking that had guided policymakers for a generation. But what will take its place? In How the Economy Works, one of our leading economists provides a jargon-free exploration of the current crisis, offering a powerful argument for how economics must change to get us out of it. Roger E. A. Farmer traces the swings between classical and Keynesian economics since the early 20th century, gracefully explaining the elements of both theories.

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.

The recent economic crisis was a dramatic reminder that capitalism can both produce and destroy. It's a system that by its very nature encourages predators and creators, locusts and bees. But, as Geoff Mulgan argues in this compelling, imaginative, and important book, the economic crisis also presents a historic opportunity to choose a radically different future for capitalism, one that maximizes its creative power and minimizes its destructive force.

Motivational speaking has inspired humanity to achieve its greatest accomplishments. Yet motivational speaking does promote some false and even dangerous ideas. Thus this audiobook aims to kick down the false and dangerous ideas, so only the virtuous, empowering, anThis book addresses fundamental questions of the quality of the human experience - the experience you have every day, as you relate to your own self, to others, to groups, to nature, and to spirit.

Revolution & Counter Revolution is an account of what happened in Prussia, Austria, and other German states during 1848, describing the impact on both middle-class and working-class aspirations and on the idea of German unification. Events in Austria and Prussia are discussed, along with the role of the Poles and Czechs and Panslavism, which Engels was against.

Without question one of the most significant books in modern history, The Communist Manifesto is a brief, populist pamphlet that distils the core ideas of communism into accessible prose. Published just months before violent uprisings threatened to destabilise much of the European establishment, it outlines a view of history as a constant battle between the classes that will inevitably result in revolution.

In The Forgotten, Ben Bradlee, Jr., reports on how voters in Luzerne County, a pivotal county in a crucial swing state, came to feel like strangers in their own land - marginalized by flat or falling wages, rapid demographic change, and a liberal culture that mocks their faith and patriotism.

A Letter Concerning Toleration by John Locke was originally published in Latin in 1689. It was Locke's response to the problem of religion and government; he proposed religious toleration as the answer. For Locke, the only way a church gains genuine converts is through persuasion, not violence. Arguing that the government should not involve itself in spiritual matters, he offers three main reasons.

Financial crises are often blamed on unforeseeable events, the unforgiving nature of capital markets, or just plain bad luck. Too Smart for Our Own Good argues that these crises are caused by certain alluring investment strategies that promise both high returns and safety of capital. In other words, the severe and widespread crises we have suffered in recent decades were not perfect storms. Instead, they were made by us. By understanding how and why this is so, we may be able to avoid or ameliorate future crises - and maybe even anticipate them.

Once every decade, it is "decline time" in America. In recent years, it has been the unstoppable rise of China that has spelled "finis America." What the Chinese juggernaut is today, the Soviet Union ("We shall bury you") was in the 1950s. The Vietnam decade of the 1960s was described as America’s "collective suicide attempt," while in the 1970s, the United States succumbed to Jimmy Carter’s famous "malaise," as the dollar dangerously plummeted. .