Business & Economics
Explore the best business and economics books, including top entrepreneur reads, finance essentials, and foundational texts. Browse our online bookstore for bestsellers and highly recommended books in business and economics.
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Rethinking Sovereign Debt: Politics, Reputation, and Legitimacy in Modern FinanceConventional wisdom holds that all nations must repay debt. Regardless of the legitimacy of the regime that signs the contract, a country that fails to honor its loan obligations damages its reputation, inviting still greater problems down the road. Yet difficult dilemmas arise from...
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A Propensity to Self-SubversionAlbert O. Hirschman is renowned worldwide for theories that have been at the forefront of political economics during the last half century. In these twenty essays he casts his sharp analytical eye on his own ideas, questioning and qualifying some of his major propositions...
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Identification Problems Soc ScienceThis book provides a language and a set of tools for finding bounds on the predictions that social and behavioral scientists can logically make from nonexperimental and experimental data. The economist Charles Manski draws on examples from criminology, demography, epidemiology, social psychology, and sociology...
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When Wall Street Met Main Street: The Quest for an Investors' DemocracyThe financial crisis that began in 2008 has made Americans keenly aware of the enormous impact Wall Street has on the economic well-being of the nation and its citizenry. How did financial markets and institutions-commonly perceived as marginal and elitist at the beginning of...
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Making the European Monetary UnionEurope's financial crisis cannot be blamed on the Euro, Harold James contends in this probing exploration of the whys, whens, whos, and what-ifs of European monetary union. The current crisis goes deeper, to a series of problems that were debated but not resolved at...
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Exit, Voice, and Loyalty: Responses to Decline in Firms, Organizations, and StatesAn innovator in contemporary thought on economic and political development looks here at decline rather than growth. Albert O. Hirschman makes a basic distinction between alternative ways of reacting to deterioration in business firms and, in general, to dissatisfaction with organizations: one, "exit," is...
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The Market as God"Essential and thoroughly engaging...Harvey Cox's ingenious sense of how market theology has developed a scripture, a liturgy, and sophisticated apologetics allow us to see old challenges in a remarkably fresh light."--E. J. Dionne, Jr. We have fallen in thrall to the theology of supply...
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The Control Revolution: Technological and Economic Origins of the Information SocietyWhy do we find ourselves living in an Information Society? How did the collection, processing, and communication of information come to play an increasingly important role in advanced industrial countries relative to the roles of matter and energy? And why is this change recent--or...
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Choice and Consequence (Revised)Thomas Schelling is a political economist "conspicuous for wandering"--an errant economist. In Choice and Consequence, he ventures into the area where rationality is ambiguous in order to look at the tricks people use to try to quit smoking or lose weight. He explores topics...
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Austrian Reconstruction and the Collapse of Global Finance, 1921-1931In 1921 Austria became the first interwar European country to experience hyperinflation. The League of Nations, among other actors, stepped in to help reconstruct the economy, but a decade later Austria's largest bank, Credit-Anstalt, collapsed. Historians have correlated these events with the banking and...
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Creation and Destruction of Value PHarold James examines the vulnerability and fragility of processes of globalization, both historically and in the present. This book applies lessons from past breakdowns of globalization--above all in the Great Depression--to show how financial crises provoke backlashes against global integration: against the mobility of...
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Translating EmpireHistorians have traditionally used the discourses of free trade and laissez faire to explain the development of political economy during the Enlightenment. But from Sophus Reinert's perspective, eighteenth-century political economy can be understood only in the context of the often brutal imperial rivalries then...
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A Solutions Manual for General Equilibrium, Overlapping Generations Models, and Optimal Growth TheoryThis Solutions Manual contains answers to most of the problems in General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory. Truman F. Bewley's indispensable textbook--a cornerstone of courses on microeconomics, general equilibrium theory, and mathematical economics--covers the main premises behind insurance, capital theory, growth...
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Engine of Enterprise: Credit in AmericaAmerican households, businesses, and governments have always used intensive amounts of credit. The Engine of Enterprise traces the story of credit from colonial times to the present, highlighting its productive role in building national prosperity. Rowena Olegario probes enduring questions that have divided Americans:...
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Maynard's RevengeIt is now widely agreed that mainstream macroeconomics is irrelevant and that there is need for a more useful and realistic economic analysis that can provide a better understanding of the ongoing global financial and economic crisis. Lance Taylor's book exposes the unrealistic assumptions...
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Desert Kingdom: How Oil and Water Forged Modern Saudi ArabiaOil and water, and the science and technology used to harness them, have long been at the heart of political authority in Saudi Arabia. Oil's abundance, and the fantastic wealth it generated, has been a keystone in the political primacy of the kingdom's ruling...
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Prophet of Innovation: Joseph Schumpeter and Creative DestructionPan Am, Gimbel's, Pullman, Douglas Aircraft, Digital Equipment Corporation, British Leyland--all once as strong as dinosaurs, all now just as extinct. Destruction of businesses, fortunes, products, and careers is the price of progress toward a better material life. No one understood this bedrock economic...
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Capital Rules: The Construction of Global FinanceListen to a short interview with Rawi AbdelalHost: Chris Gondek - Producer: Heron & CraneThe rise of global financial markets in the last decades of the twentieth century was premised on one fundamental idea: that capital ought to flow across country borders with minimal...
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Free RidingOne individual's contribution to a large collective project--such as voting in a national election or contributing to a public television fund-raising campaign--often seems negligible. A striking proposition of contemporary economics and political science is that it would be an exercise of reason, not a...
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New Foundations of Cost-Benefit AnalysisCost-benefit analysis (CBA) has been an important policy tool of government since the 1980s, when the Reagan administration ordered that all major new regulations be subjected to a rigorous test of whether their projected benefits would outweigh their costs. Not surprisingly, CBA has been...
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