Economic Theory

The principle of profitability is an accounting principle that states that revenues and expenses should be recognized in the period in which they are earned or incurred, rather than when the cash flows occur. This principle helps accurately reflect the financial performance of a business over a specific period.

Jam Tomorrow? recasts economics as a question of the balance between our needs and desires in the present and those of the future. This makes our changing perception of time a kind of invisible ink that links the micro to the macro, the past to the future, and that offers a new and challenging way of understanding the relationship between value, price, money and credit.

The Greater Depression is what is looming ahead of the World and specifically the United States of America. Nate Plissken delves into the causes of the U.S. Dollar Currency Crisis. Citing experts in business and economics, he pulls back the curtain on The Fed.

Politicians, economists, and Wall Street would have us believe that limitless economic expansion is the Holy Grail, and that there is no conflict between growing the economy and protecting the environment. Supply Shock debunks these widely accepted myths and demonstrates that we are in fact navigating the end of the era of economic growth, and that the only sustainable alternative is the development of a steady state economy.

Не знаешь, что такое эластичность, издержки и спрос? До сих пор не можешь понять из чего образуется ВВП и кому выгодна монополия? Как все это влияет на рынок и причем здесь вообще ты? Азы экономики – книга, которая увлечет тебя в мир экономики и сделает это доступным и грамотным языком! Информативные графики и таблицы помогут наглядно во всем разобраться.

Travis' vision for a Utopian world society is presented with new ideas as to how to run and organize the system. It is a different twist on what many others have tried to propose.

In Un-Civilizing America: How Win-Win Deals Make Us Better, bestselling author William Bonner delivers an incisive and engrossing account of the American economy, the four simple steps to earning money the honest way, and why many choose the dishonest way instead.

El miedo paraliza, inhibe, afecta nuestra capacidad de actuar y es el principal obstáculo para generar riqueza. Un primer paso para vencer los temores y así realizar tus sueños de progresar humana y financieramente es enfrentar aquello que te produce miedo y encontrar un propósito de vida tan fuerte que nada ni nadie pueda frenar esa marcha hacia el éxito y la confianza en ti mismo.

Do we always make rational choices? In other words: Are all human’s homo economicus? Certainly not. But this was not so obvious until the beginning of XX century, when the behavioral economics was developed. Behavioral economics is a group of concepts which put into question the rational character of people’s financial decisions.

Widespread ignorance regarding free markets permeates both the Left and the Right. Not only are most talking heads ignorant of how a free market works, they don't even know what a free market is. Does a free market economy lead to depressions, monopolies, unemployment, and price gouging, as critics allege? Or is it the antidote to such problems? Moreover, doesn't a free market foster inequality? Doesn't it allow businessmen to exploit workers and rip-off consumers? Or does a free market benefit everyone?

In this selection from The Fortune Book Club, two Pace University Business professors show you how to apply economics to business decision-making. Other programs from the Portable M.B.A. series are available in management, marketing, and entrepreneurship.

Reflections on the Formation and Distribution of Wealth was a treatise written by French Enlightenment philosopher and civil servant Anne Robert Jacques Turgot. "This Essay May be Considered as the Germ of the Treatise on The Wealth of Nations, written by the Celebrated Smith" - Condorcet's Life of Turgot.

Transcending Capitalism explains why many influential mid-century American social theorists came to believe it was no longer meaningful to describe modern Western society as "capitalist", but instead preferred alternatives such as "postcapitalist" society, "postindustrial" society, or the "technological" society.

In The Hellhound of Wall Street, Michael Perino recounts in riveting detail the 1933 hearings that put Wall Street on trial for the Great Crash. Never before in American history had so many financial titans been called to account before the public, and they had come within a few weeks of emerging unscathed. By the time Ferdinand Pecora, a Sicilian immigrant and former New York prosecutor, took over as chief counsel, the investigation had dragged on ineffectively for nearly a year and was universally written off as dead....

The 2008 financial crisis crystallized for people around the country the fact that something was wrong. Americans had already been losing faith in elites who had failed to protect them from crisis after crisis and disaster after disaster. After the collapse, we expected someone to have a solution but were inevitably disappointed. Instead, we got high and rising unemployment, foreclosures spiraling out of control, and, as the protest chant went, "banks got bailed out, we got sold out."

In this sometimes shocking and always riveting book, Robert G. Kaiser who has covered Congress, the White House and national politics for The Washington Post since 1963, explains how and why over the last four decades, Washington became a dysfunctional capital.

Like every other prospering democracy, the United States developed a mixed economy that channeled the spirit of capitalism into strong growth and healthy social development. In this bargain, government and business were as much partners as rivals. Public investments in education, science, transportation, and technology laid the foundation for broadly based prosperity.

From the American Revolution through the Civil Rights movement, Americans have long mobilized against political, social, and economic privilege. Hierarchies based on inheritance, wealth, and political preferment were treated as obnoxious and a threat to democracy. Mass movements envisioned a new world supplanting dog-eat-dog capitalism. But over the last half-century that political will and cultural imagination have vanished. Why? The Age of Acquiescence seeks to solve that mystery.

With a Senate career that has spanned more than four decades, Edward M. Kennedy has become one of the strongest voices in American politics. In America Back on Track, he argues that America is at a crossroads, having reached a point where it has departed more deeply from its fundamental ideals than at any time in its modern history.

This book explores the idea that table activities - the mealtime rituals of food preparation, serving, and dining - lay the foundation for a proper education on the value of civility, the importance of the common good, and what it means to be a good citizen. The arts of conversation and diplomatic speech are learned and practiced at tables, and a political history of food practices recasts thoughtfulness and generosity as virtues that enhance civil society and democracy.