Economic Theory

For over two-hundred years, capitalist systems have overtaken the global economy, spreading near-universal growth and opening the floodgates for limitless human potential. Yet something is going terribly wrong in the world economy. National bestselling author George Gilder explains how economics is not an incentive system but an information system. Redefining capitalism for the modern age, he reveals how free enterprise is a mind driven system, material resources are essentially as infinite as atoms, and what governs economic growth is human creativity.

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.

In 1966, two columnists joined Newsweek magazine. Their assignment: Debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics. Milton Friedman championed "monetarism" and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy.

Ludwig von Mises truly was an intellectual giant among men. He was perhaps the greatest economist of the 20th century and a tireless advocate for political liberalism and laissez-faire. Human Action, his magnum opus, stands among the truly great works of social science. But his work, based on the study of human action, transcends both economics and social theory.

Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among nations. He also reveals who has been helped the most by globalization, who has been held back, and what policies might tilt the balance toward economic justice.

When economists are called “influential,” it usually means they’ve changed the way other economists think. By that standard, Milton Friedman was one of the most influential economists of all time.

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.

El miedo paraliza, inhibe, afecta nuestra capacidad de actuar y es el principal obstáculo para generar riqueza. Un primer paso para vencer los temores y así realizar tus sueños de progresar humana y financieramente es enfrentar aquello que te produce miedo y encontrar un propósito de vida tan fuerte que nada ni nadie pueda frenar esa marcha hacia el éxito y la confianza en ti mismo. Juan Diego Gómez te guiará por reflexiones que te retarán a descubrir qué es aquello que en tu vida genera miedo, cómo exponerte a esos temores y transformarlos en el punto de partida para generar riquezas de todo tipo y vivir una vida mejor. Es posible que veas tus miedos como tus principales enemigos, pero luego de leer este libro serás capaz de hacerlos tus mejores aliados y motivadores.

Será más fácil concentrarte en el momento presente, obtener los resultados que te propones y fijar metas cada vez más desafiantes que harán de tu vida una experiencia significativa, extraordinaria y siempre en “modo hervir”.

Many books have been written about Doyne Farmer and his pioneering work in chaos and complexity theory. Making Sense of Chaos is the first in his own words, presenting a manifesto for doing economics better. In a tale of science and ideas, Farmer fuses his profound knowledge with stories from his life to explain how to harness a scientific revolution to address the economic conundrums facing society.

Richard Thaler challenges the received economic wisdom by revealing many of the paradoxes that abound even in the most painstakingly constructed transactions. He presents literate, challenging, and often funny examples of such anomalies as why the winners at auctions are often the real losers - they pay too much and suffer the "winner's curse"; why gamblers bet on long shots at the end of a losing day; why shoppers will save on one appliance only to pass up the identical savings on another; and more.

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?

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.

In Putinomics, Chris Miller examines the making of Russian economic policy since Vladimir Putin took power in 1999. Miller argues that Putin's economic strategy has functioned far more effectively than most Westerners realize. While acknowledging that part of Putin's successes - above all, quadrupling per capita GDP in just a decade and a half - can be attributed to cashing in on high oil prices, Miller details the government policies that have also been fundamental to Russia's growth.

In this brilliantly enjoyable, challenging rallying-cry of a book, Kropotkin lays out the heart of his anarchist beliefs—beliefs which surged around the world in the late 19th and early 20th centuries and which have a renewed relevance and poignancy today. Humane, thoughtful—but also a devastating critique of how modern society is organized (with the brutal, narrow few clinging onto their wealth and privileges at the expense of the many), The Conquest of Bread is a book to be argued over, again and again.

We like to think of ourselves as rational. This idea is the foundation for classical economic analysis of human behavior, including the awesome achievements of game theory. But as behavioral economics shows, most behavior doesn’t seem rational at all - which, unfortunately, casts doubt on game theory’s real-world credibility. In Hidden Games, Moshe Hoffman and Erez Yoeli find a surprising middle ground between the hyperrationality of classical economics and the hyper-irrationality of behavioral economics.

In the graveyard of economic ideology, dead ideas still stalk the land. The recent financial crisis laid bare many of the assumptions behind market liberalism--the theory that market-based solutions are always best, regardless of the problem. For decades, their advocates dominated mainstream economics, and their influence created a system where an unthinking faith in markets led many to view speculative investments as fundamentally safe.

Voters say they are disillusioned with capitalism, but a system so distorted by government interventions is a dysfunctional version of free market ideals. As a result, productivity and economic growth have slowed sharply, shrinking the pie for everyone and stoking popular anger. Since these flaws developed as the government expanded, building an even bigger state will only double down on what’s gone wrong. The answer Sharma offers is a series of seven fixes to restore the balance between state support and free markets and lay the path to a more prosperous and happier future.

Caruso-Cabrera presents a modern and smart approach to correcting the economic woes of the nation. Denouncing the hypocrites, she calls out the radicals on both sides of the spectrum who have frustrated voters and left fiscally conservative but socially liberal Americans feeling like a people without a party. Caruso-Cabrera maintains that by focusing on socially invasive policies, our country has lost its course.

This little book was written to accomplish something big: economic literacy. It is intentionally kept very short to be inviting rather than intimidating. You will gain life-changing understanding of how the economy works in practically no time.

With the global economy recovering from a steep recession, and with that recovery challenging our long-held ideas about what careers and the market can be, learning the basics of economics has never been more essential. Principles such as gains from trade, the role of profit and loss, and the secondary effects of government spending, taxes, and borrowing risk continue to be critically important to the way America's economy functions, and critically important to understand for those hoping to further their professional lives - even their personal lives.