Economic Theory

In this stunning new story of political economy, author Eric Robert Morse examines why the modern system has become so unwieldy and explains what must be done to correct it. His astute analysis and fascinating storytelling take readers on an epic journey, from the dawn of free-market capitalism during the age of exploration, through the industrial revolution and Adam Smith, to the rise of Keynesianism and the dominance of the welfare state....

In 2004, Argentina’s President, Nestor Kirchner, appointed Martín Redrado to lead their country’s Central Bank. It was the logical choice, considering that Harvard-educated and Wall Street-seasoned Redrado brought to the table an extensive knowledge of world economics. Redrado’s primary assignment as president was to provide monetary and financial stability to a country wrecked with cyclical breakups. In early 2010, Cristina Kirchner ordered the Central Bank to fund public spending and pay national debts. Martín Redrado refused.

According to business reporter Charles Gasparino, President Obama is faking his outrage at Wall Street, and his calls for new policies to rein in banks that are "too big to fail" are just pabulum. In reality, Obama has climbed into bed with Wall Street CEOs, giving them what they want so they will support his liberal, big-government agenda.

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.

Revolution & Counter Revolution is an account of what happened in Prussia, Austria, and other German states during 1848, describing the impact on both middle-class and working-class aspirations and on the idea of German unification. Events in Austria and Prussia are discussed, along with the role of the Poles and Czechs and Panslavism, which Engels was against.

David Hume (1711–1776) is a towering and intriguing figure. He was the preeminent philosopher in what is now called the Scottish Enlightenment, a time that was “crowded with genius” and in a place regarded as the rebirth of the golden era of Athens. His writing displayed an astonishing range, addressing everything from metaphysics to politics, and in subject after subject, he produced fresh, novel, and brilliant insights.

Kaum eine Wirtschaft steckt die Pandemie so gut weg wie die deutsche, noch immer ist sie im internationalen Vergleich erfolgreich. Doch vor der romantischen Kulisse von chromblitzenden Maschinen und Weltmarktführern aller Art hat sich schon lange vor Corona ein drängender Haufen Zukunftsfragen aufgetürmt. Die Digitalisierung, die Perspektiven der Schlüsselindustrie Automobil oder die Dekarbonisierung der Wirtschaft generell: Vielen Unternehmen fehlt es an eigenen Ideen, wie eine nachhaltige Wertschöpfung aussehen könnte.

The Social Currency addresses the idea that money is a social construct, and therefore so is poverty. The book showcases several communities that confronted their financial disadvantages by creating their own currency. These economic activists challenged the idea that money, by definition, had to be created and controlled by the government, locally instituting the printing of money in the process.

Es imposible calcular el alcance exacto de la crisis del Coronavirus en nuestra economía, salud y forma de vida a partir de ahora. Lo único que sabemos es que salimos a un mundo distinto al que hemos conocido, y eso no tiene que ser necesariamente malo. Para vivir esta nueva era llena de desafíos, 20 maestros nos dan, cada cual desde su campo, un kit de supervivencia para vivir de forma proactiva, optimista y sin miedo.

This book examines one of the most important economic outcomes in American history - the breakdown of the Keynesian Revolution. Drawing on economic literature, the memoirs of economists and politicians, and the popular press, Eric Crouse examines how economic decline in the 1970s precipitated a political revolution. Keynesian thought flourished through the presidencies of Lyndon B. Johnson, Richard Nixon, and Gerald Ford, until stagflation devastated American workers and Jimmy Carter’s economic policies faltered, setting the stage for the 1980 presidential campaign.

In Divested, Ken-Hou Lin and Megan Tobias Neely document how the ascendance of finance on Wall Street, Main Street, and among households is a fundamental cause of economic inequality. They argue that finance has reshaped the economy in three important ways. First, the financial sector extracts resources from the economy at large without providing commensurate economic benefits to those outside the financial services industry.

Those looking for options trading advice are usually either reasonably new to the options market or are experienced traders having some difficulty with their current trades and are hoping for an answer. If you are among the first category, you are probably looking for some advice about how to start options trading, what risks are involved and how to avoid them, how to trade safely, and still make consistent profits. If you are among the second category, there are ways to save or at least salvage, losing trades, but this discussion must be left for other pages on this site.

The tumultuous Flint sit-down strike of 1936-1937 was the birth of the United Auto Workers, which set the standard for wages in every industry. Midnight in Vehicle City tells the gripping story of how workers defeated General Motors, the largest industrial corporation in the world. Their victory ushered in the golden age of the American middle class and created a new kind of America, one in which every worker had a right to a share of the company’s wealth.

Was sind heute die großen Ideen? Historischer Fortschritt basierte fast immer auf utopischen Ideen: Noch vor 100 Jahren hätte niemand für möglich gehalten, dass die Sklaverei abgeschafft oder die Demokratie wirklich existieren würde. Doch wie begegnen wir den Herausforderungen der modernen Arbeitswelt, des Familienlebens, des gesamten globalen Gefüges? Der niederländische Vordenker Rutger Bregman sagt: "Das wahre Problem unserer Zeit ist nicht, dass es uns nicht gut ginge oder dass es uns in Zukunft schlechter gehen könnte.

Investing in Forex market is of great advantage. The first advantage is that the Forex market is decentralized, creating the opportunity for many other participants from around the world to join in. These participants include banks, commercial banks, corporations, hedge funds, and individual traders. A Forex trader enjoys leverage better than any other trader.

In Not to Scale, Jamer Hunt investigates the complications of scale in the digital age, highlighting an interesting paradox: We now have a world of information at our fingertips, yet ironically the more informed we have become, the more overwhelmed we feel. The global effects of our daily choices (Paper or plastic? Own or lease? Shop local or buy online?) remain difficult for us to comprehend, and solutions to large-scale national and international issues feel inconceivable.

Do we have to choose between equality and prosperity? Many think that reducing economic inequality would require such heavy-handed interference with market forces that it would stifle economic growth. Heather Boushey insists nothing could be further from the truth. Presenting cutting-edge economics with journalistic verve, she shows how rising inequality has become a drag on growth and an impediment to a competitive United States marketplace for employers and employees alike.

L'imperativo della nostra economia è la crescita - continua, inarrestabile, vertiginosa. È il metro con cui giudichiamo il valore delle nostre società e il prodotto interno lordo è il suo indicatore principale, lo specchio magico che ci dice quanto le nostre economie sono belle e sane, senza, dirci nulla su quanto stiamo bene noi e quanto staranno bene i nostri figli.

A Letter Concerning Toleration by John Locke was originally published in Latin in 1689. It was Locke's response to the problem of religion and government; he proposed religious toleration as the answer. For Locke, the only way a Church gains genuine converts is through persuasion, not violence.

Pasta, guita, plata, parné, duros. Da igual cómo lo llamemos, pero lo cierto es que el dinero importa ahora más que nunca. En El triunfo del dinero Niall Ferguson demuestra que la historia de las finanzas es el trasfondo de toda la Historia. ¿Cuándo pasó el dinero de metal a papel? ¿Por qué los tipos de interés suben y bajan como un yoyó? ¿Por qué la gente nunca aprende que las burbujas bursátiles siempre acaban estallando? ¿Por qué los seguros ya no son la mejor manera de protegerse contra el riesgo?