Books matching: economic theory
100 result(s)
'23 Things They Don't Tell You about Capitalism' by Ha-Joon Chang is a critical analysis of the myths and assumptions surrounding capitalism. Chang challenges the traditional views of economics, highlighting the intertwined nature of economics and politics. Through historical examples and economic theory, the author presents a thought-provoking exploration of how capitalism operates in the real world, debunking common misconceptions and advocating for a more rational approach to economic policies.
Markets need to be free. When the government interferes to dictate what market participants can or cannot do, resources cannot flow to their most efficient use. If people cannot do the things that the..."Austerity: The History of a Dangerous Idea" by Mark Blyth delves into the historical and philosophical origins of austerity and examines its application in today's economic landscape. Blyth explores the relationship between state and market, tracing the concept of austerity back to liberalism's ambivalence. He argues that austerity has a complicated history and has proven to be a failed policy time and time again, shedding light on its moral component and resilience. The author challenges the notion that austerity is a viable economic solution, presenting a comprehensive analysis of economic history and political thought without shying away from advocacy.
On Friday, August 5, 2011, what used to be the fiscally unthinkable happened. The United States of America lost its triple A (AAA) credit rating when it was downgraded by the ratings agency Standard &...- #3
Save:The book delves into the economic theories and political power dynamics, challenging the conventional beliefs held by many. It aims to educate readers on the historical context of economic principles and their impact on society, shedding light on the interconnectedness of economics with various facets of life such as politics, psychology, sociology, philosophy, and even theology. Through engaging comic book-style illustrations and straightforward explanations, the author presents complex economic concepts in a relatable manner, making the subject accessible to a wide audience including high school and college students.
The narrative of the book unfolds through a series of revelations about renowned economists like Adam Smith, debunking misconceptions propagated by free market apologists. It highlights the importance of understanding the real-world implications of economic theories, urging readers to critically analyze political arguments and take responsibility for their choices. The book also emphasizes the significance of historical knowledge in shaping perspectives on contemporary issues, such as social welfare programs, the 8-hour workday, and the concept of externalities, encouraging readers to broaden their understanding of economic systems.
'The General Theory of Employment, Interest, and Money' by John Maynard Keynes is a seminal work in economics that explores the relationship between savings, investment, and capital. It delves into topics such as interest rate determination, historical explanations of interest rates, and the failures of classical economic models in explaining unemployment. Keynes presents his liquidity preference theory and emphasizes the importance of government investment to stimulate the economy in times of downturn. is dense and jargon-heavy, written primarily for economists, with some readers finding it difficult to read but ultimately rewarding and insightful.
I HAVE called this book the General Theory of Employment, Interest and Money, placing the emphasis on the prefix general. The object of such a title is to contrast the character of my arguments and co...- #5
Save:'The Worldly Philosophers' by Robert L. Heilbroner is a fascinating introduction to the history of economic thought, covering key economic thinkers such as Adam Smith, Karl Marx, John Maynard Keynes, and Joseph Schumpeter. It provides a rich set of models for thinking about how society produces and distributes wealth, while also delving into the personal lives and eccentric views of these great economic minds. is engagingly written, covers economic theories without skimping on quirky biographical details, and places these ideas within a larger historical context. It emphasizes the interconnectedness of economics with social concerns, making it a valuable read for anyone interested in economics.
Since he came down from the trees, man has faced the problem of survival, not as an individual but as a member of a social group. His continued existence is testimony to the fact that he has succeeded... - #6
Save:'Das Kapital' by Karl Marx is a detailed and scathing critique of capitalism, focusing on the lived experiences of workers, poverty, and the degradation of laborers. Marx's work is described as an essential starting point to understand the radical changes in the world prior to the 20th century. Despite its flaws and gaps, the book presents challenging and interesting ideas, predicting crises and highlighting the inherent conflict of interest between employees and employers in a capitalist society.
Misbehaving: The Making of Behavioral Economics by Richard H. Thaler is a captivating account of the evolution of behavioral economics, chronicling how the field shifted from the fringes to the mainstream. Thaler, one of the founders of behavioral economics, provides relatable examples and insightful chronicles of his academic journey, intertwining anecdotes with discussions on how individuals make decisions both rationally and irrationally. The book serves as both an autobiography of Thaler and a history of modern behavioral science, offering a fresh perspective on why people often behave irrationally and how behavioral economics challenges traditional economic assumptions.
Thaler's writing style in Misbehaving is engaging and accessible, making complex economic theories understandable for readers from various backgrounds. Through lively wit and easy conversational tone, Thaler seamlessly weaves together personal experiences and academic insights, creating a compelling narrative that explores the limitations of rational economics and the practical implications of behavioral insights in real-world scenarios.
Even for those of us who can’t remember where we last put our keys, life offers indelible moments. Some are public events. If you are as old as I am, one may be the day John F. Kennedy was assassinate...- #8
Save:'Debt: The First 5,000 Years' by David Graeber is a wide-ranging exploration of the historical, anthropological, moral, and economic aspects of human society and its relationship with debt, money, and economics. The book challenges popular myths about markets, debt, and politics while delving into the interplay between debt and society throughout history. Graeber's writing style is described as dense and thought-provoking, providing deep insights into the meaning of debt, its history, and its implications for the future. The author takes an anthropological approach to studying debt, offering a unique perspective on how human relationships, trust, and morality are intertwined with economic systems.
TWO YEARS AGO, by a series of strange coincidences, I found myself attending a garden party at Westminster Abbey. I was a bit uncomfortable. It’s not that other guests weren’t pleasant and amicable, a... 'The Bitcoin Standard' by Saifedean Ammous is a comprehensive exploration of the history of money, the flaws in the current financial system, and a detailed analysis of Bitcoin as a decentralized alternative to traditional banking. The author expertly weaves together economic theories, historical perspectives, and technical explanations of Bitcoin to provide a compelling argument for its role as 'digital gold'. The book delves into the characteristics of sound money, the importance of financial security, and the potential impact of Bitcoin on the future of global economies.
Saifedean Ammous presents a thought-provoking narrative that challenges conventional economic wisdom and advocates for a return to a 'Bitcoin standard'. Through engaging storytelling and clear explanations, the author highlights the significance of understanding the history of money, the impact of different monetary systems on societies, and the potential benefits of embracing a decentralized currency like Bitcoin. Readers are taken on a journey that not only educates them about Bitcoin but also prompts critical thinking about the current financial landscape and the need for sound money principles.
Bitcoin is the newest technology to serve the function of money—an invention leveraging the technological possibilities of the digital age to solve a problem that has persisted for all of humanity's e...'Choice: Cooperation, Enterprise, and Human Action' by Donald J. Boudreaux and Robert P. Murphy is a comprehensive and accessible guide to understanding the methodology of the Austrian School of economics, particularly focusing on the work of Ludwig von Mises. It delves into the core principles of economics, such as economic calculation, the market economy, and the implications of government intervention. Through clear examples and straightforward explanations, the book breaks down complex economic theories into digestible concepts for readers of all backgrounds. By distilling Mises's seminal work 'Human Action' into a more approachable format, the book serves as an essential introduction to Austrian economics.
ALTHOUGH VIRTUALLY EVERYONErecognizes the importance of economic issues, most people have little understanding of the scope of economic science and its relation to other disciplines. Topics such as mo...
