Money Theory

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.

Have economists neglected trust? The economy is fundamentally a network of relationships built on mutual expectations. More than that, trust is the glue that holds civilization together. Every time we interact with another person - to make a purchase, work on a project, or share a living space - we rely on trust. Institutions and relationships function because people place confidence in them. Benjamin Ho reveals the surprising importance of trust to how we understand our day-to-day economic lives.

Peter Georgescu arrived in this country as a penniless Romanian refugee and rose to become the CEO of Young & Rubicam. Which is why he's so heartsick that in America today, with flat wages, disappearing jobs, and a shrinking middle class, his kind of rags-to-riches story doesn't seem possible now. But he has a message for his fellow CEOs: we're the ones who must take the lead in fixing the economy.

The 20th century witnessed the triumph of democratic capitalism in the industrialized West, with widespread popular support for both free markets and representative elections. Today, that political consensus appears to be breaking down, disrupted by polarization and income inequality, widespread dissatisfaction with democratic institutions, and insurgent populism. Tracing the history of democratic capitalism over the past two centuries, Carles Boix explains how we got here - and where we could be headed.

As the chief economist at Spotify, Will Page has had the best seat in the house for witnessing - and harnessing - the power of disruptive change. Music has often been the canary in the coal mine for major technological and societal shifts, and if there’s one thing Page learned from the digital revolution, it’s that businesses must be ready to pivot. Drawing practical lessons from a variety of fresh case studies covering Radiohead, Starbucks, and even Groucho Marx, Page examines the eight principles that disruption has thrown into sharp relief as keys to survival in any sector.

Gone are the days of manual searches and gut-feeling decisions. This book introduces you to the dynamic world of AI in real estate, where algorithms, predictive analytics, and machine learning lead the way in identifying hidden gems in the market.

Where is 'home'? For Amartya Sen home has been many places - Dhaka in modern Bangladesh, where he grew up; the village of Santiniketan, where he was raised by his grandparents as much as by his parents; Calcutta, where he first studied economics and was active in student movements and Trinity College, Cambridge, to which he came aged 19. Sen brilliantly recreates the atmosphere in each of these.

Economists insist that recovery is at hand, yet unemployment remains high, real estate values continue to sink, and governments stagger under record deficits. The End of Growth proposes a startling diagnosis: humanity has reached a fundamental turning point in its economic history. The expansionary trajectory of industrial civilization is colliding with non-negotiable natural limits.

From mechanical looms to combustion engines to early computers, new technologies have always provoked panic about workers being replaced by machines. In the past, such fears have been misplaced, and many economists maintain that they remain so today. Yet in A World Without Work, Daniel Susskind shows why this time really is different. Advances in artificial intelligence mean that all kinds of jobs are increasingly at risk.

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.

Could it be that it is not how, but what we use as money that matters when contemplating the root causes of Climate Change and other global problems? Why What We Use as Money Matters: Unpacking the Key to Reversing the Effects of Climate Change is an Economic and Philosophical Treatise written by Monetary Theorist David Mint which explores these issues in an entertaining and thorough fashion.

A manifesto for deep and radical change, Creating Freedom explores the limits placed on freedom by human nature and society. It explodes myths, calling for a profound transformation in the way we think about democracy, equality, and our own identities.

"This book is in part a detective story. After 9/11 I knew, if I needed further reinforcement, that we are living in a new world - the world of a global capitalist economy that is vastly more flexible, resilient, open, self-correcting, and fast-changing than it was even a quarter century earlier. It's a world that presents us with enormous new possibilities but also enormous new challenges. The Age of Turbulence is my attempt to understand the nature of this new world." (Alan Greenspan)

Deep new rifts are tearing apart the fabric of Britain and other Western societies: thriving cities versus the provinces, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit and the return of the far right in Germany.

During the harshest year of the Great Depression, Lorena Hickok, a top woman news reporter of the day and intimate friend of Eleanor Roosevelt, was hired by FDR’s right-hand man Harry Hopkins to embark upon a grueling journey to the hardest-hit areas of the country to report back on the degree of devastation. Distinguished historian Michael Golay draws on a trove of original sources - including the moving, remarkably intimate, almost daily letters between Hickok and Eleanor Roosevelt - as he re-creates that extraordinary journey.

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.

En este breve ensayo, ¿Qué es el Dinero?, Tolstói analiza el dinero no solo como herramienta económica, sino como símbolo de poder y desigualdad. Sostiene que el dinero permite a unos pocos vivir a expensas del trabajo de muchos, y que su acumulación casi siempre implica injusticia. Para él, el sistema económico moderno es inmoral porque legitima la explotación y aleja al ser humano de una vida sencilla y justa.

The idea that people are basically driven by individualism and economic incentives and that prosperity and good societies come from top-down leadership has dominated politics for the last 30 years (from some perspectives, much longer). This book shows that the age of homo economicus and centralisation is coming to an end. Instead, Collier and Kay argue that community and mutuality will be the drivers of successful societies in the future - as they are already in some parts of the world.

Ever wish you had a personal money-making machine? One that worked tirelessly while you sip coffee or stroll on the beach? Well, get ready to turn that dream into reality! In "Building a Money Machine with ChatGPT," book we spilled all the secrets – the proven strategies, step-by-step instructions, and insider tips – that will have you raking in the dough in no time. Whether you're a tech whiz or a complete beginner, this book is your ticket to financial freedom. It's time to dump the 9-to-5 grind and build a life where money works for you, not the other way around.

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.