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With customary clarity, eloquence, and humor, Harvard economist John Kenneth Galbraith gets at the heart of what economic security means in The Affluent Society. Warning against individual and societal complacence about economic inequity, he offers an economic model for investing in public wealth that challenges "conventional wisdom" (a phrase he coined that has since entered our vernacular) about the long-term value of a production-based economy...
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"David Dayen explains how a narrow interpretation of the Sherman Act four decades ago spawned an age of unprecedented deregulation and corporate dominance... Dayen offers a riveting account of what it means to live in this period--and how we might resist this corporate hegemony."--Dust jacket flap.
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"Adair Turner became chairman of Britain's Financial Services Authority just as the global financial crisis struck in 2008, and he played a leading role in redesigning global financial regulation. In this eye-opening book, he sets the record straight about what really caused the crisis. It didn't happen because banks are too big to fail--our addiction to private debt is to blame. Between Debt and the Devil challenges the belief that we need credit...
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"The global economy is entering an era of protracted stagnation, similar to what Japan has experienced for over a decade. That is the message of this brilliant and controversial summary of our current economic predicament from an internationally respected consultant and commentator on financial markets, who predicted the Global Financial Crisis of 2008. The author challenges the assumption that growth can be perpetual and questions the ability of...
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In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, home appliances, motor vehicles, air travel, air conditioning, and television transformed households and workplaces. With medical advances, life expectancy between 1870 and 1970 grew from forty-five to seventy-two years. Weaving together a narrative, historical anecdotes, and economic...
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A new edition of the seminal text by the father of modern economics.
First published in 1919, John Maynard Keynes's The Economic Consequences of the Peace created immediate controversy. Keynes was a firsthand witness to the negotiations of the Paris Peace Conference, as an official representative of the British Treasury, and he simultaneously sat as deputy for the chancellor of the Exchequer on the Supreme Economic Council. In these roles, he was...
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“The Theory of the Leisure Class” is criticism of capitalism. Conspicuous consumption, along with "conspicuous leisure," is performed to demonstrate wealth or mark social status. The book is a treatise on economics and a detailed, social critique of conspicuous consumption, as a function of social class and of consumerism, derived from the social stratification of people and the division of labour, which are the social institutions of the feudal...
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The term "capitalism" is generally applied to the system under which the instruments of production are the property of private owners, who usually employ managers and manual workers to carry out production by their means…
A word first of all to indicate clearly the point of view which characterizes the study. I shall not enter into the question of the formation of capital itself, that is, of the sum total of the goods employed by their possessor...
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In Becoming China's Bitch, Peter D. Kiernan presents an unflinching manifesto in which he explores five factors that keep us frozen. He then uncovers the ten challenges that pose the greatest threat to our future. Presented from a fresh yet informative perspective, these ten impending catastrophes include our semiconscious dependency on China, our lack of a coordinated intelligence effort, our downward-spiraling health-care and education systems,...
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Zero-sum economics is a new theory of economics that can be used to explain the general operation of economies including such phenomena as business cycles, cash distribution, global labor, and ultimately poverty. These explanations use system analysis and control theory to describe how economic phenomena occur and use numerical simulations and current economic statistics to validate the claims. The most interesting part of this theory is that it shows...
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An analysis of 2014 budget outcomes and 2015 plans of ADB's Pacific member countries is the focus of this issue of the Pacific Economic Monitor, also including an analysis of opportunities and challenges from external factors. An analysis of 2014 budget outcomes and 2015 budget plans of ADB's Pacific developing member countries is the focus of this issue of the Pacific Economic Monitor. The policy briefs in this issue consider longer-run opportunities...
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La historia de la economía política es rica en ejemplos de precursores olvidados, cuya obra no despertó ningún eco en su tiempo y que sólo fueron redescubiertos cuando sus ideas más importantes habían sido ya difundidas por otros. Es también rica en notables coincidencias de descubrimientos simultáneos y de singulares peripecias de algunos libros. Pero difícilmente se encontrará en esta historia, ni en la de ninguna otra rama del saber,...
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"Winner of the 2015 Gold Medal in Economics, Axiom Business Book Awards" "Honorable Mention for the 2015 PROSE Award in Business, Finance & Management, Association of American Publishers" "One of Financial Times (FT.com) Best Economics Books of 2014, chosen by Martin Wolf" "One of China Business News' Financial Books of the Year for 2014" Eswar S. Prasad is a professor in the Dyson School at Cornell University and senior fellow at the Brookings Institution....
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The author lived under all 3 types of economies: planning (in the former Soviet Union), mixed (in Africa: Rwanda and Tanzania), and market (in the USA).
Why countries chose to have a Market, Planning, or Mixed economy? In reality, there in no one country in the world that has only a poor market economy, or poor mixed economy, or poor planning economy. Why? Please find answers in this story.
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Innovation et mondialisation; des conséquences pour toute l'Humanité.
La mondialisation a engendré le grand découplage de la population en remplaçant la grande classe moyenne par une population qui s'enrichit sans limites et une population qui s'appauvrit sans cesse.
La classe de riches est apparue en Chine, en Inde et en Occident. Elle attend des offres haut de gamme et une « innovation riche ».
L'appauvrissement des anciens de la classe...
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Generally regarded as the most influential social science treatise of the 20th century, this work by legendary economist John Maynard Keynes is relevant reading even today for anyone who wants to understand international economics and foreign affairs. First published in 1919, The Economic Consequences of Peace created an intense and immediate controversy for its brazen criticism of world leaders and the Treaty of Versailles that ended World War I....
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The Origin of Financial Crises' provides a compelling analysis of the forces behind the recent economic crisis. In a series of disarmingly simple arguments George Cooper challenges the core principles of today's economic orthodoxy, explaining why financial markets do not obey the efficient market principles but are instead inherently unstable and habitually crisis prone.
First published in the summer of 2008 in the midst of the crisis, the author...
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In The New Golden Age, bestselling author and economist Ravi Batra identifies the roadblocks to economic prosperity-and what we need to do to overcome them. Bringing the same insight and expertise that made books like The Downfall of Capitalism and Communism international bestsellers, Batra takes on falling minimum wages, corporate scandals, rocketing oil prices, and many of the other crises facing the world economy. He also offers an expansive, optimistic...
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Is life getting better? At the accelerating rate of advancing technologies? Food availability, income, and life span are up for the lucky few while disease, child mortality, and violence are barely improving for the rest all across the globe. The world is far from perfect, necessities and luxuries alike are getting cheaper but are still not accessible for the vast majority. Population growth is slowing but is exploding in the poorest countries and...
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Volume I of “Economics and All That” explains fundamental concepts of economics to both students and members of the lay audience who want to learn more about such things as markets and money and banks and finance. The title of this book is borrowed from the tongue-in-cheek thousand-year history of England called “1066 and All That”, which has been a classic for almost a century.
The book uses humorous examples to help readers understand many...
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