Showing titles in Macroeconomics

Another entry in the best-selling, irreverent, hard-hitting Politically Incorrect Guide series! Economics from a rational, conservative viewpoint—that is, a refreshing look at how money actually works from an author who knows the score, and how the law of economics are frequently broken and derailed by pernicious leftists and virtue signaling progressives.

Since 1946, Henry Hazlitt's best-selling Economics in One Lesson has popularized the belief that economics can be boiled down to one simple lesson: market prices represent the true cost of everything. But one-lesson economics tells only half the story. It can explain why markets often work so well, but it can't explain why they often fail so badly - or what we should do when they stumble. In Economics in Two Lessons, John Quiggin teaches both lessons, offering a masterful introduction to the key ideas behind the successes - and failures - of free markets.

The economic crisis has placed the business cycle back in the spotlight, but as individual investors and financial professionals start the arduous task of portfolio building and rebuilding, the greatest danger they face is relying too much on the past for guidance when the future may look very different. No one can say for certain what our economic future will look like. What investors can do is prepare.

Riches From Bitches isn't just about making money; it's about crafting your own destiny in a world ripe with possibilities. Discover the insider strategies for launching thriving businesses tailored to the demands of this burgeoning market. Whether you're a seasoned investor or a budding entrepreneur, this book equips you with the tools and tactics to dominate in the Sheconomy.

In this entertaining and informative guide, author Howard Yaruss breaks down our economic system in a straightforward way, avoiding jargon, formulas, graphs, and other technical material so common in books on this subject. Instead, he creates a compelling and comprehensive picture of our economy using accessible analogies, real-world observations, and entertaining anecdotes. Understandable Economics provides the context, tools, and foundational knowledge listeners need to understand our economy, determine which policies would work best, and champion those policies effectively.

Clearly, the fate of the global economy depends on developments in these two countries and on the relationship between them. Recent discussion about strategic partnership and strategic competition obscures the longer relationship between these two economies. Professor Rithmire's lecture explains the past, present, and future of economic interdependence of China and the US, making sense of its role in the global financial crisis of 2008 and the adjustments taking place in its wake.

The financial crisis that crested in 2008 destroyed the credibility of the economic thinking that had guided policymakers for a generation. But what will take its place? In How the Economy Works, one of our leading economists provides a jargon-free exploration of the current crisis, offering a powerful argument for how economics must change to get us out of it. Roger E. A. Farmer traces the swings between classical and Keynesian economics since the early 20th century, gracefully explaining the elements of both theories.

Conventional wisdom says income inequality is rising and harmful to nearly everyone, and the rich are to blame. But as Ed Conard shows, anyone who can produce a product valued by the entire economy will find his or her income growing faster than those who are limited by the number of customers they can serve, such as schoolteachers, plumbers, doctors, and lawyers.

Edmund Phelps is among the most important economists of his generation. He developed a new understanding of unemployment and inflation and went on to rethink the roots of innovation.

Misunderstanding Financial Crises offers a back-to-basics overview of financial crises and shows that they are not rare, idiosyncratic events caused by a perfect storm of unconnected factors. Instead, Gorton shows how financial crises are, indeed, inherent to our financial system.

Ludwig von Mises said there can never be too much of a good theory. Salerno proves it in this sweeping and nearly comprehensive audiobook on applied Austrian monetary theory. He uses the Mises/Rothbard theory of money to reinterpret historical episodes, reevaluate the history of thought, closely examine the Federal Reserve policy, seek out cause and effect in business cycles, provide a new understanding of war and social unrest, and clarify the relationship between the state and the central bank.

The Infinite Desire for Growth spotlights the obsession with wanting more, and the global tensions that have arisen as a result. Amid finite resources, increasing populations, environmental degradation, and political unrest, the quest for new social and individual goals has never been so critical. Leading economist Daniel Cohen provides a whirlwind tour of the history of economic growth, from the early days of civilization to modern times, underscoring what is so unsettling today.

In a bold challenge to the conventional wisdom of both liberals and conservatives, Michael Tanner, a senior fellow at the Cato Institute, looks at the reasons for poverty in America and offers a detailed agenda for increasing wealth, incomes, and opportunity. The author argues that conservative critiques of a “culture of poverty” fail to account for the structural circumstances in which the poor live, especially racism, gender discrimination, and economic dislocation. However, he also criticizes liberal calls for fighting poverty through redistribution or new government programs.

Gross domestic product is failing. For decades it has rewarded environmental destruction and obscured inequality. Its formula can be - and has been - gamed to the detriment of developing countries. In this powerfully argued book, now updated with a new chapter, science writer Ehsan Masood shows how GDP fell from the path envisaged by its architects, and how its long-term misapplication has kept large parts of the world in poverty, while helping accelerate global warming and biodiversity loss.

Jimmy Adams was laid off from a hedge fund in early 2009. Wearied by eight years in the bond market and disillusioned by the financial services profession, he decides to get an "honest job" for a change. Before he knows what hit him, Jimmy finds himself waiting on tables of barflies at his local Waffle House.

For the past several decades, politicians and economists thought that high levels of inequality were good for the economy. But because America’s middle class is now so weak, the US economy suffers from the kinds of problems that plague less-developed countries. As Hollowed Out explains, to have strong, sustainable growth, the economy needs to work for everyone and expand from the middle out. This new thinking has the potential to supplant trickle-down economics―the theory that was so wrong about inequality and our economy―and shape economic policymaking for generations.

We all have the sense that the American economy - and its government - tilts toward big business, but as Joseph E. Stiglitz explains in his new book, People, Power, and Profits, the situation is dire. A few corporations have come to dominate entire sectors of the economy, contributing to skyrocketing inequality and slow growth.

In Crude Forecasts: Predictions, Pundits, and Profits in the Commodity Casino, Peter Sainsbury, economist, commodity investor and blogger at Materials Risk, shows how you can take back control.

Central Banking in Turbulent Times examines fundamental questions about the central banking system, asking whether the model of an independent central bank devoted to price stability is the final resting point of a complex development that started centuries ago. It dissects the hypothesis that the Great Recession has prompted a reassessment of that model; a renewed emphasis on financial stability has emerged, possibly vying for first rank in the hierarchy of objectives of central banks.

America’s economic future is uncertain. Mired in a long crippling economic slump and hamstrung by bitter partisan debate over the growing debt and the role of government, the nation faces substantial challenges, exacerbated by a dearth of vision and common sense among its leaders. Prominent Stanford economist John B. Taylor brings his steady voice of reason to the discussion with a natural solution: start with the country’s founding principles of economic and political freedom and reconstruct its economic foundation from these proven principles.