200 years after it was written, Adam Smith published The Wealth of Nations is still debated by governments internationally. Smith argued that 'mercantilism'-the theory that the national economy exists solely to strengthen the government, thus the government should regulate the economy-was wrong.
Classical economics suggests that market economies are self-correcting in times of recession or depression, and tend toward full employment and output. But English economist John Maynard Keynes disagrees. In his ground-breaking 1936 study The General Theory, Keynes argues that traditional economics has misunderstood the causes of unemployment.
Considered his most important work, Mahbub ul Haq's Reflections on Human Development appeared at the end of his career in international development, and consolidates his revolutionary contribution to the discipline.
Born in 1961, US anthropologist and activist David Graeber was weaned on leftist politics, and declared himself an anarchist at age 16. He became an anthropology professor, and his early cultural research in Madagascar exposed him to poverty that he saw as caused by pressures to repay excessive government debt.
Ever since the nineteenth century, people have claimed that the prosperity enjoyed by the First World was the result of its devotion to unconstrained economic freedoms. Chang claims that, in fact, First World success was due to exactly the kinds of state intervention that traditional economic thinking consistently opposes today.
In Austerity: The History of a Dangerous Idea, Mark Blyth, a renowned scholar of political economy, provides a powerful and trenchant account of the shift toward austerity policies by governments throughout the world since 2009.
Provides an engaging introduction to macroeconomics and then delves into more specific topics, such as business cycles, inflation, unemployment, domestic output, monetary policy, and much more. This book helps you find out how many different financial, business, consumer, and more.
Gives a comprehensive treatment of political economy. Originally delivered in the form of lectures at Glasgow, this book's includes the author's assessment of the mercantile system, his advocacy of the freedom of commerce and industry, and his famous prophecy that "America will be one of the foremost nations of the world".
This groundbreaking new core textbook encourages students to take a more critical approach to the prevalent assumptions around the subject of macroeconomics, by comparing and contrasting heterodox and orthodox approaches to theory and policy.
If you found maths lessons at school irrelevant and boring, that's because you didn't have a teacher like Bobby Seagull.***As seen on BBC 2's Monkman & Seagull's Genius Guide to Britain*** Long before his rise to cult fandom on University Challenge, Bobby Seagull was obsessed with numbers.
Adam Smith's Wealth of Nations is the first book of modern political economy, and still provides the foundation for the study of that discipline. Along with important discussions of economics and political theory, it mixes plain common sense with large measures of history, philosophy, psychology and sociology.
Foundations of Economics provides an engaging introduction to core economic concepts, consistently emphasising how and why an insight into economics helps us understand everything going on in the world today.
Economics for Business provides an engaging introduction to the core economic concepts that business students need to know, consistently emphasising how, and why, understanding economics is essential for their studies, and future business careers.
Economy, Society, and Public Policy is a new way to learn economics. It is designed for students studying social sciences and other disciplines who want to understand how the economy works and how it can be made to work better. By addressing problems like inequality, climate crisis and financial instability, ESPP introduces economics as policy-oriented yet also quantitative and analytical.
Exploring the relationship between human behaviour and economic analysis, this book establishes the fundamentals of intermediate microeconomics and develops economic intuition about the world around us. It encourages the reader to think like an economist through the development of core analytical tools and Economic Naturalist examples.
An introduction to economics tailor-made for business students. It explains economic principles clearly within the context of modern business, drawing on a wealth of contemporary examples that bring the topics to life.
We are, to use a technical economic term, screwed. The cowboy capitalists had a party with everyone's money and now we're all paying for it. What went wrong? And will we learn our lesson - or just carry on as before, like celebrating surviving a heart attack with a packet of Rothmans? This book tells the true story of the economic crisis.
The crisis in Europe is not over, it's getting worse. In this narrative of Europe's economic rise and spectacular fall, the author, former finance minister of Greece, shows that the origins of the collapse go far deeper than our leaders are prepared to admit - and that we have done nothing so far to fix them.
Combining a global approach with examples from everyday life, this work describes the lives of two children who live very different lives in different parts of the world: in the Mid-West USA and in Ethiopia. Along the way, it provides an introduction to key economic factors and concepts such as individual choices, national policies, and equity.
Why has inequality increased in the Western world - and what can we do about it? This title argues that inequality is a choice - the cumulative result of unjust policies and misguided priorities. It exposes the inequality that is afflicting America and other Western countries in thrall to neoliberalism.
Every business area relies on an understanding of statistics to succeed. Statistics for Business and Economics by Carlos Cortinhas and Ken Black shows students that the proper application of statistics in the business world goes hand-in-hand with good decision making.
With over 120,000 copies sold worldwide, Peter Dicken's Global Shift has been the definitive work on economic globalization for almost 30 years now. A tried, trusted and unrivalled resource for undergraduates, postgraduates and researchers across the social sciences, this is a seminal text from an internationally renowned author.
Argues that in theory the world's wealthiest countries and supra-national institutions like the IMF, World Bank and WTO want to see all nations developing into modern industrial societies. This book describes that in practice, though, those at the top are 'kicking away the ladder' to wealth that they themselves climbed.
Explains why we are experiencing destructively high levels of inequality - and why this is not inevitable. This book focuses chiefly on the gross inequality to which these systems give rise, but also explains how inextricably interlinked they are.