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Litan sets out to explain a range of ideas that originated with academic economists and that subsequently influenced both economic policy and business practices—usually for good but occasionally for ill. He explores the possibility of applying economic concepts to a wide range of topics, from matchmaking in labor markets to the challenges of traffic congestion.
Walter Lippmann was among the most prominent American public intellectuals, but Goodwin’s worthy book serves to remind readers that Lippmann was more than a mere pundit. Lippmann was a committed liberal, in the European sense, meaning that he favored free markets and a limited role for government.
In explaining the financial crisis of 2008 and its effects, Galbraith positions himself outside the conventional conservative-liberal spectrum. He urges Americans to adjust their country’s institutional structures—and their personal expectations—to accommodate a lower rate of growth than the one that prevailed during the past half century.
A common view holds that economic reforms in China stalled or even were reversed during the past decade. But in this carefully documented study, Lardy shows that in reality, China’s private sector has continued to grow and thrive, fueling economic development and investment.
Many believe that the financial crisis of 2008 represented a failure of the international economic system. Drezner argues the contrary: although the system did not prevent the crisis or the subsequent recession, it did avoid a catastrophe on the order of the Great Depression of the 1930s.
Detailed records of professional-league games go back many years and cover many countries, and Palacios-Huerta draws on that copious archive to illuminate and formally test a number of economic propositions.
Both these books feature ideas about the future of innovation from researchers at the Massachusetts Institute of Technology.
Nuclear energy, Fox argues, can provide plentiful electric power at a reasonable cost in a way that most renewable sources of energy cannot.
Yu examines how the consumption habits of young urban Chinese have changed during the past two decades and how consumption both reflects and helps define individuality in China.
In 1930, John Maynard Keynes gave a famous lecture in which he took an uncharacteristic stab at forecasting the distant future, 100 years away. Palacios-Huerta saw fit to repeat this thought experiment and invited ten prominent economists to imagine economic life circa 2114.
Kramer argues that falling birthrates pose a serious threat to a number of wealthy countries, not only to their economic well-being but also to their national security.
Hardly a week goes by without news of some malfeasance committed by a large American or European bank. Lewis zeros in on one particularly explosive charge: the claim that major banks engage in predatory trading behavior.
This useful book -- a thorough piece of practical research -- looks closely at how clean energy technologies such as gas turbines, advanced batteries, solar photovoltaics, and coal gasification emerged and spread to China.
The rapid growth of cross-border business, education, and travel has brought people of different cultural backgrounds closer together than ever before -- and has thereby increased the likelihood of miscommunication and misunderstanding.
Powell argues persuasively that sweatshops, where the conditions are admittedly appalling by Western standards, represent an improvement -- often a significant improvement -- over the alternatives available to their workers.
Houser and Mohan provide a sober, largely quantitative assessment of the recent U.S. shale gas boom.
This intriguing book measures social mobility in a novel way, by tracing unusual surnames over several generations in nine different countries.
This interesting book is basically a history of business journalism in the United States, with an emphasis on investigative journalism, whose virtues the author extols.
Foreign trade makes some Americans uncomfortable, partly because it involves, well, foreigners.
This book tells readers how to think about problems in the current international political and economic system, but not exactly what to do about them.
This book is Alan Greenspan's attempt to come to terms with the financial crisis of 2008.
Amazon, Apple, and Google are three firms that have helped define the early twenty-first century. These easy-to-read books recount the companies’ origins, their evolutions, and their rivalries.
In this interesting collection, expert analysts assess the costs of ten global problems over the past century, measured in economic terms, and make projections about their costs in 2050.
Walter Bagehot (1826–77) is best known among economists for his oft-quoted views on how central banks should behave, in particular as lenders of last resort.
To explain the extraordinary performance of Asia's economies, Perkins draws on academic research and on his own decades-long experience as an adviser to developing countries.
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