A myth-busting explanation of inflation, the desperate gullibility of central bankers and finance ministers-and our abject failure to learn from history
The past decade has seen the relentless rise of cryptocurrency as an alternative form of digital currency. But what precisely is it and what potential does it have to change the world of money? In this brilliantly clear, one-stop guide WIRED Senior Editor Gian Vopicelli explains everything you need to know about cryptocurrency.
A study of economics and its purpose. It examines our modern economic system - its use of resources and impact on how we live - questioning whether they reflect what we truly care about.
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.
Our social and economic worlds have been revolutionised by a massive increase in our awareness of the choices, decisions, behaviours and opinions of other people. In this title, the author shows network effects make conventional approaches to policy, whether in the public or corporate sectors, more likely to fail.
William is an economist, which means he is good at reducing an infinitely complex world into a set of clear, rational principles about the way people and markets behave. Unfortunately, he has never been able to replicate this in the world of romance. In this book, he sets out to apply the rules of economics to save his floundering love life.
In his number 1 bestseller, Vince Cable, 'the sage of the credit crunch' (Daily Telegraph) explains how we got in to this mess and what it means.'The best book you can read to understand what on earth is going on out there.' Independent
From the inability of wealth to make us happier, to our catastrophic blindness to the credit crunch, this book reveals ten ways in which economics has failed us. It explains how the economy is the result of complex and unpredictable processes; how risk models go astray; and, why the economy is not rational or fair.
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.
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.
Focusing on the differences he observed in economic behavior between Catholics and Protestants, Weber's seminal 1905 work examines the role that morality plays in the lives people choose to lead seeking to isolate beliefs and practices that influenced economic behaviour.
Friedrich Hayek's The Road to Serfdom (1944) analyzes the ways in which excessive government planning can erode democracy. The work draws influential parallels between the totalitarianism of both left and right, questioning the central government control exerted by Western democracies.
In his best selling book Capital in the Twenty-First Century, economist Thomas Piketty argues that capitalism has no tendency towards a fair distribution of wealth taking issue with the idea that inequality declines as capitalism matures.