. . worldwideEverybody's talking about the economy, but how can we, the people, understand what Wall Street or Washington knows--or say they know? Read "Economix."With clear, witty writing and quirky, accessible art, this important and timely graphic novel transforms "the dismal science" of economics into a fun, fact-filled story about human nature and our attempts to make the most of what we've got . . . and sometimes what our neighbors have got. "Economix "explains it all, from the beginning of Western economic thought, to markets free and otherwise, to economic failures, successes, limitations, and future possibilities. It's the essential, accessible guide to understanding the economy and economic practices. A must-read for every citizen and every voter.PRAISE FOR "ECONOMIX""It's simply phenomenal. You could read ten books on the subject and not glean as much information."-- David Bach founder of FinishRich Media; author of nine "New York Times" bestsellers, including "Debt Free for Life" and "The Automatic Millionaire" "Goodwin has done the seemingly impossible--he has made economics comprehensible "and" funny."-- Joel Bakan, author of "The Corporation" "The Pathological Pursuit of Profit and Power" "An amazing lesson in true-world economics Delightfully presented, powerful, insightful, and important information What a fun way to fathom a deep and often dark subject "-- John Perkins, author of "Hoodwinked" and the "New York Times" bestseller "Confessions of an Economic Hit Man" "Smart, insightful, clear, and as close to the truth as economics can get. The bonus: Who would have guessed that economics could be fun, and--here's the joy--really accessible? Goodwin roots us in history and fills us with common sense understanding. As he puts it early on, economics seems horribly complicated mostly because we're looking at it all at once. Broken down into its component pieces, it's relatively easy to understand. And a good understanding of economics is critical to maneuvering in the world today. If I were compiling a list of the 100 most important books you can read in a lifetime, this would be on it."--Stephen Petranek, editor-in-chief, Weider History magazines, former editor-in-chief of "Discover" magazine "Through a potent mix of comics and punchy, concise, accessible prose, Goodwin takes us on a provocative, exhaustively researched, and exceedingly engaging trip through our history and present day, creating an alternately hilarious and scary picture of where we are today as an economy-- and what it all means. More than that, Goodwin makes the arcane, understandable. If your mind either spins or slumbers at the thought of economics, read Goodwin's "Economix" and all will become clear. --Nomi Prins, author of "It Takes a Pillage: An Epic Tale of Power, Deceit, and Untold Trillions" ""Economix" is a lively, cheerfully opinionated romp through the historical and intellectual foundations of our current economy and our current economic problems. Goodwin has a knack for distilling complex ideas and events in ways that invite the reader to follow the big picture without losing track of what actually happened. Any reader wondering how our economy got to where it is today will find this a refreshing overview."--Timothy W. Guinnane, Philip Golden Bartlett Professor of Economic History, Yale University

    This essay unscrambles gross misconceptions that have made rational debates about tax policies virtually impossible for decades.

    All of us are affected by its ups and downs - global recession, rise in interest rates, or hike in food prices. But do we understand the principles at work and how and why they really affect us?Day to day economics is an enjoyable, accessible, and extremely user-friendly book that explains modern day Indian economy to the layperson. In this relevant book, Professor Deodhar explains the role of the government and its involvement in different aspects of the economy; the need for the RBI and its functions; and how taxes, stock markets and recession work. Day to Day Economics will help you go beyond the facts and figures in the budget and connect the trends to your daily life. As with all IIMA business books, it comes illustrated with numerous Indian examples and case studies making this the ultimate rookie's guide to the Indian economy.

    And the CEO would oblige, no questions asked, because it was his patriotic duty.   In Freedom’s Forge, bestselling author Arthur Herman takes us back to that time, revealing how two extraordinary American businessmen—automobile magnate William Knudsen and shipbuilder Henry J. Kaiser—helped corral, cajole, and inspire business leaders across the country to mobilize the “arsenal of democracy” that propelled the Allies to victory in World War II.   “Knudsen? I want to see you in Washington. I want you to work on some production matters.” With those words, President Franklin D. Roosevelt enlisted “Big Bill” Knudsen, a Danish immigrant who had risen through the ranks of the auto industry to become president of General Motors, to drop his plans for market domination and join the U.S. Army. Commissioned a lieutenant general, Knudsen assembled a crack team of industrial innovators, persuading them one by one to leave their lucrative private sector positions and join him in Washington, D.C. Dubbed the “dollar-a-year men,” these dedicated patriots quickly took charge of America’s moribund war production effort.   Henry J. Kaiser was a maverick California industrialist famed for his innovative business techniques and his can-do management style. He, too, joined the cause. His Liberty ships became World War II icons—and the Kaiser name became so admired that FDR briefly considered making him his vice president in 1944. Together, Knudsen and Kaiser created a wartime production behemoth. Drafting top talent from companies like Chrysler, Republic Steel, Boeing, Lockheed, GE, and Frigidaire, they turned auto plants into aircraft factories and civilian assembly lines into fountains of munitions, giving Americans fighting in Europe and Asia the tools they needed to defeat the Axis. In four short years they transformed America’s army from a hollow shell into a truly global force, laying the foundations for a new industrial America—and for the country’s rise as an economic as well as military superpower.   Featuring behind-the-scenes portraits of FDR, George Marshall, Henry Stimson, Harry Hopkins, Jimmy Doolittle, and Curtis LeMay, as well as scores of largely forgotten heroes and heroines of the wartime industrial effort, Freedom’s Forge is the American story writ large. It vividly re-creates American industry’s finest hour, when the nation’s business elites put aside their pursuit of profits and set about saving the world.

    Now, he dismantles the most sacred of them all: the notion that government action is the best way to solve a problem. From the myth that government can spend its way out of a crisis to the mistaken belief that labor unions protect workers, Stossel, a true libertarian, provides evidence that the reality is very different from what intuition tells us. His evidence leads to the taboo conclusions that: ·      Government already dominates health care—and that’s the problem·      The state keeps banning foods, but food bans don't make us healthier·      Government-run schools and teachers’ unions haven’t made kids smarterUtilizing his three decades in journalism, Stossel combines sharp insights, common sense, and documented facts to debunk conventional wisdom and challenge popular opinion about the role of our nation’s government.

    What entitles the state to behave in this manner? And why should citizens obey its commands? This book examines theories of political authority, from the social contract theory, to theories of democratic authorization, to fairness- and consequence-based theories. Ultimately, no theory of authority succeeds, and thus no government has the kind of authority often ascribed to governments.The author goes on to discuss how voluntary and competitive institutions could provide the central goods for the sake of which the state is often deemed necessary, including law, protection from private criminals, and national security. An orderly and livable society thus does not require acquiescence in the illusion of political authority.

    In Free Market Revolution, the keepers of Ayn Rand's legacy argue that the answer lies in her pioneering philosophy of capitalism and self-interest –a philosophy that more and more people are turning to for answers. In the past few years, Rand's works have surged to new peaks of popularity, as politicians like Paul Ryan, media figures like John Stossel, and businessmen like John Mackey routinely name her as one of their chief influences. Here, Brook and Watkins explain how her ideas can solve a host of political and economic ills, including the debt crisis, inflation, overregulation, and the swelling welfare state. And most important, they show how Rand's philosophy can enable defenders of the free market to sieze the moral high ground in the fight to limit government. This is a fresh and urgent look at the ideas of one of the most controversial figures in modern history – ideas that may prove the only hope for the future.

    Through stories of everyday people, Smith also shows how Americans are faring today--and explores what we can do, together, to re-create the American Dream. Fitting the pieces of a big puzzle together in the way only a veteran reporter can, Smith shows how events reported in many recent news stories--from the mortgage mess to 401(k) disasters, and including problems in housing, banks, pensions, legislation, jobs, and more--are the outcomes of the evolution of a political and economic dismantling that began in 1971 with Lewis Powell's provocative memo, and continued through the eras of Nixon, Carter, Reagan, Clinton, and Bush, up to today. With a deep and sophisticated understanding of recent American history, Smith interweaves into the decades-long story of our country's reconfiguration powerful, vivid portraits, both of some of the people who caused this change, and some of those affected by it. This book tells a story about modern America that has never been told this way before. It is essential reading for anyone who wants to understand America now, and why he or she can't get ahead. "Who Stole the American Dream?" explores how we can recapture lost hope--it is a masterful work about America today by one of our leading print and television journalists.

    In the beginning was Josh Levine, an idealistic programming genius who dreamed of wresting control of the market from the big exchanges that, again and again, gave the giant institutions an advantage over the little guy. Levine created a computerized trading hub named Island where small traders swapped stocks, and over time his invention morphed into a global electronic stock market that sent trillions in capital through a vast jungle of fiber-optic cables. By then, the market that Levine had sought to fix had turned upside down, birthing secretive exchanges called dark pools and a new species of trading machines that could think, and that seemed, ominously, to be slipping the control of their human masters. Dark Pools is the fascinating story of how global markets have been hijacked by trading robots--many so self-directed that humans can't predict what they'll do next.

    None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including:    - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West?    - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority?    - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

    Another Great Depression? Not quite. Noted economist and China expert Michael Pettis argues instead that we are undergoing a critical rebalancing of the world economies. Debunking popular misconceptions, Pettis shows that severe trade imbalances spurred on the recent financial crisis and were the result of unfortunate policies that distorted the savings and consumption patterns of certain nations. Pettis examines the reasons behind these destabilizing policies, and he predicts severe economic dislocations--a lost decade for China, the breaking of the Euro, and a receding of the U.S. dollar--that will have long-lasting effects.Pettis explains how China has maintained massive--but unsustainable--investment growth by artificially lowering the cost of capital. He discusses how Germany is endangering the Euro by favoring its own development at the expense of its neighbors. And he looks at how the U.S. dollar's role as the world's reserve currency burdens America's economy. Although various imbalances may seem unrelated, Pettis shows that all of them--including the U.S. consumption binge, surging debt in Europe, China's investment orgy, Japan's long stagnation, and the commodity boom in Latin America--are closely tied together, and that it will be impossible to resolve any issue without forcing a resolution for all.Demonstrating how economic policies can carry negative repercussions the world over, The Great Rebalancing sheds urgent light on our globally linked economic future.

    We will soon be able to meet and exceed the basic needs of every man, woman and child on the planet. Abundance for all is within our grasp. This bold, contrarian view, backed up by exhaustive research, introduces our near-term future, where exponentially growing technologies and three other powerful forces are conspiring to better the lives of billions. An antidote to pessimism by tech entrepreneur turned philanthropist, Peter H. Diamandis and award-winning science writer Steven Kotler. Since the dawn of humanity, a privileged few have lived in stark contrast to the hardscrabble majority. Conventional wisdom says this gap cannot be closed. But it is closing—fast. The authors document how four forces—exponential technologies, the DIY innovator, the Technophilanthropist, and the Rising Billion—are conspiring to solve our biggest problems. Abundance establishes hard targets for change and lays out a strategic roadmap for governments, industry and entrepreneurs, giving us plenty of reason for optimism.Examining human need by category—water, food, energy, healthcare, education, freedom—Diamandis and Kotler introduce dozens of innovators making great strides in each area: Larry Page, Steven Hawking, Dean Kamen, Daniel Kahneman, Elon Musk, Bill Joy, Stewart Brand, Jeff Skoll, Ray Kurzweil, Ratan Tata, Craig Venter, among many, many others.

    Reich urges Americans to get beyond mere outrage about the nation’s increasingly concentrated wealth and corrupt politics in order to mobilize and to take back our economy and democracy.Americans can’t rely only on getting good people elected, Reich argues, because nothing positive happens in Washington unless good people outside Washington are organized to help make those things happen after the election. But in order to be effectively mobilized, we need to see the big picture. Reich connects the dots for us, showing why the increasing share of income and wealth going to the top has hobbled jobs and growth for everyone else, while undermining our democracy; has caused Americans to become increasingly cynical about public life; and has turned many Americans against one another. He also explains why the proposals of the “regressive right” are dead wrong and provides a clear road map for what must be done instead. Here is a blueprint for action for everyone who cares about the future of America.

    He is CEO and founder of GoldSilver.com, one of the world's largest gold and silver bullion dealers, CEO and founder of WealthCycles.com, an educational website, and host of the most popular video series on the topics of monetary history, economics and economic cycles, The Hidden Secrets of Money.

    Globalization had appeared to be the natural outcome of this unstoppable process. But today, with global markets roiling and increasingly reliant on state intervention to stay afloat, it has become clear that markets and states aren’t straightforwardly opposing forces.In this groundbreaking work, Leo Panitch and Sam Gindin demonstrate the intimate relationship between modern capitalism and the American state, including its role as an “informal empire” promoting free trade and capital movements. Through a powerful historical survey, they show how the US has superintended the restructuring of other states in favor of competitive markets and coordinated the management of increasingly frequent financial crises.The Making of Global Capitalism, through its highly original analysis of the first great economic crisis of the twenty-first century, identifies the centrality of the social conflicts that occur within states rather than between them. These emerging fault lines hold out the possibility of new political movements transforming nation states and transcending global markets.

    Its the only gold and silver investing book you will ever need because its written by a nationally recognized precious metals investing expert with almost 15 years of buying gold and silver bullion under his belt. He reveals all the tricks of the trade that most people in the gold and silver industry probably don't want you to know. "Stack Silver Get Gold will become "the bible" for both first time and long time precious metal investors. Tons of useful information and very well written. You have a real winner in this book." -Bill Zielinski (editor of goldandsilverblog.com) Stack Silver Get Gold: How to Buy Gold and Silver Bullion without Getting Ripped Off! Congratulations, you know that investing in gold and silver is a good idea and you're ready to buy gold and silver before the general public catches on. You have a wisdom few other people possess. So you want to know how to begin investing in silver and gold without getting ripped off? Do you want to buy silver and gold bullion but don't know where to begin? Do you want to avoid all the silver and gold buying scams on TV and the internet? Do you want to learn how to avoid having your gold and silver confiscated by the government? Do you want to know how and where to store and secure your gold and silver at your home, in the most secure vaults in the United States and secret vault storage options in other countries? You want to know how to start investing in gold and silver for as little as $25 using a strategy called dollar cost averaging? Do you want to buy gold or silver today, within 10 minutes of reading this short book? Read this book and you'll discover the answers to your questions above plus.... *The 7 types of gold and silver bullion to buy now and how to sell if you have t *The 11 types of gold and silver to avoid like the plague *The top 3 most secure places to store your precious metals, including home safes and private highly secure vaults *How to store your gold and silver secretly in another country *How the author is personally investing in gold and silver, his exact strategy *Exactly where to buy your gold and silver (the actual websites and dealers) *How to add gold and silver bullion to your IRA or 401k *How to start gold and silver investing safely and avoid all the tricks of scam artists and precious metals dealers *Tax and reporting requirements and even travel restrictions and how to get around them Stack Silver Get Gold was written by Hunter Riley III. Hunter spent most of his twenties on the futures trading floor of the rough and tumble pits in Chicago Mercantile Exchange and has been investing in silver and gold for more than a decade. He's witnessed all the ways the gold and silver bullion market will try to chew you up and spit you out and hew wrote this book so you can overcome them and be a successful gold and silver investor. His short, no fluff, straight to the point book boils down over a decade's worth of investing do's and don'ts into about 100 pages. You can literally read this book and start investing in gold and silver with total confidence, safety and ease on the same day you buy it. The funny thing is that this is probably the shortest book on gold and silver investing ever written but it's also is the only book you'll ever need to invest in gold and silver. Hunter values his time very much and he's written this book as straight to the point as possible because he knows you value your time as well. Some of those people who share your wise views are Jim Rogers, Michael Maloney, Robert Kiyosaki, Kevin Hogan, James Turk, Richard Duncan, Timothy Ferriss, Warren Buffet, Brendon Burchard, Kyle Bass, Peter Schiff and Marc Faber just to name a few. Go buy this book now. It will SAVE you a ton of money. Buy Stack Silver Get Gold: How to Buy Gold and Silver without Getting Ripped Off!

    He argues that these turning points in the country’s history were not the result of foresight or careful planning but were rather the accidental consequences of major crises that had to be resolved at any cost.

    In a challenge to conventional views on modern monetary and fiscal policy, this book presents a coherent analysis of how money is created, how it functions in global exchange rate regimes, and how the mystification of the nature of money has constrained governments, and prevented states from acting in the public interest.

    While market forces play a role in this stark picture, politics has shaped those market forces. In this best-selling book, Nobel Prize–winning economist Joseph E. Stiglitz exposes the efforts of well-heeled interests to compound their wealth in ways that have stifled true, dynamic capitalism. Along the way he examines the effect of inequality on our economy, our democracy, and our system of justice. Stiglitz explains how inequality affects and is affected by every aspect of national policy, and with characteristic insight he offers a vision for a more just and prosperous future, supported by a concrete program to achieve that vision.

    Ferguson, who electrified the world with his Oscar-winning documentary Inside Job , now explains how a predator elite took over the country, step by step, and he exposes the networks of academic, financial, and political influence, in all recent administrations, that prepared the predators’ path to conquest.       Over the last several decades, the United States has undergone one of the most radical social and economic transformations in its history.  ·         Finance has become America’s dominant industry, while manufacturing, even for high technology industries, has nearly disappeared. ·         The financial sector has become increasingly criminalized, with the widespread fraud that caused the housing bubble going completely unpunished. ·         Federal tax collections as a share of GDP are at their lowest level in sixty years, with the wealthy and highly profitable corporations enjoying the greatest tax reductions. ·         Most shockingly, the United States, so long the beacon of opportunity for the ambitious poor, has become one of the world’s most unequal and unfair societies.  If you’re smart and a hard worker, but your parents aren’t rich, you’re now better off being born in Munich, Germany or in Singapore than in Cleveland, Ohio or New York. This radical shift did not happen by accident.       Ferguson shows how, since the Reagan administration in the 1980s, both major political parties have become captives of the moneyed elite.  It was the Clinton administration that dismantled the regulatory controls that protected the average citizen from avaricious financiers.  It was the Bush team that destroyed the federal revenue base with its grotesquely skewed tax cuts for the rich. And it is the Obama White House that has allowed financial criminals to continue to operate unchecked, even after supposed “reforms” installed after the collapse of 2008.      Predator Nation reveals how once-revered figures like Alan Greenspan and Larry Summers became mere courtiers to the elite.  Based on many newly released court filings, it details the extent of the crimes—there is no other word—committed in the frenzied chase for wealth that caused the financial crisis.  And, finally, it lays out a plan of action for how we might take back our country and the American dream.

    We need to remember that sustained economic success is a rare phenomenon.As an era of easy money and easy growth comes to a close, China in particular will cool down. Other major players including Brazil, Russia, and India face their own daunting challenges and inflated expectations. The new "breakout nations" will probably spring from the margins, even from the shadows. Ruchir Sharma, one of the world’s largest investors in emerging markets for Morgan Stanley, here identifies which are most likely to leap ahead and why.After two decades spent traveling the globe tracking the progress of developing countries, Sharma has produced a book full of surprises: why the overpriced cocktails in Rio are a sign of revival in Detroit; how the threat of the "population bomb" came to be seen as a competitive advantage; how an industrial revolution in Asia is redefining what manufacturing can do for a modern economy; and how the coming shakeout in the big emerging markets could shift the spotlight back to the West, especially American technology and German manufacturing.What emerges is a clear picture of the shifting balance of global economic power and how it plays out for emerging nations and for the West. In a captivating exploration studded with vignettes, Sharma reveals his rules on how to spot economic success stories. Breakout Nations is a rollicking education for anyone looking to understand where the future will happen.

    Unlike “mainstream” economists who are content to spin mathematical model after mathematical model which explain little or nothing about the real world, DiLorenzo’s focus has always been just the opposite—to use economic understanding to gain a better understanding of how the political-economic world works. Austrian economics is indispensable to succeed at this task. The book is divided into six sections: “Coercion and Regulation” analyzes various aspects of government regulation of business; “Politics and Thieves” is of course about the inherent nature of government; “Centralization versus Liberty” discusses the never-ending quest by statists to monopolize and centralize political power so as to isolate themselves as much as possible from public influence; “Money and the State” describes the myriad evils of central banking, which was always thought of by its original proponents in America as an engine of corruption; “Workers and Unions” discusses various labor union myths and superstitions that too often cloud the public’s thinking about the reality of labor markets; and “Truth and Lies about Markets” is a taxonomy of some of the main market-failure myths that have long been used to illegitimately advance the cause of economic interventionism, as well as some newer ones.In Organized Crime: The Unvarnished Truth About Government, Thomas J. DiLorenzo strips away the vast apparatus of establishment propaganda and exposes the government smokescreen. No statist lies are safe from his scrutiny. In his straightforward and methodical approach to uncovering truths of freedom, liberty has a champion.

    An unprecedented redistribution of jobs, population, and wealth is under way in America, and it is likely to accelerate in the years to come. America’s new economic map shows growing differences, not just between people but especially between communities. In this important and persuasive book, U.C. Berkeley economist Enrico Moretti provides a fresh perspective on the tectonic shifts that are reshaping America’s labor market—from globalization and income inequality to immigration and technological progress—and how these shifts are affecting our communities. Drawing on a wealth of stimulating new studies, Moretti uncovers what smart policies may be appropriate to address the social challenges that are arising. We’re used to thinking of the United States in dichotomous terms: red versus blue, black versus white, haves versus have-nots. But today there are three Americas. At one extreme are the brain hubs—cities like San Francisco, Boston, Austin, and Durham—with a well-educated labor force and a strong innovation sector. Their workers are among the most productive, creative, and best paid on the planet. At the other extreme are cities once dominated by traditional manufacturing, which are declining rapidly, losing jobs and residents. In the middle are a number of cities that could go either way. For the past thirty years, the three Americas have been growing apart at an accelerating rate. This divergence is one the most important recent developments in the United States and is causing growing geographic disparities is all other aspects of our lives, from health and longevity to family stability and political engagement. But the winners and losers aren’t necessarily who you’d expect. Moretti’s groundbreaking research shows that you don’t have to be a scientist or an engineer to thrive in one of these brain hubs. Among the beneficiaries are the workers who support the "idea-creators"—the carpenters, hair stylists, personal trainers, lawyers, doctors, teachers and the like. In fact, Moretti has shown that for every new innovation job in a city, five additional non-innovation jobs are created, and those workers earn higher salaries than their counterparts in other cities. It wasn’t supposed to be this way. As the global economy shifted from manufacturing to innovation, geography was supposed to matter less. But the pundits were wrong. A new map is being drawn—the inevitable result of deep-seated but rarely discussed economic forces. These trends are reshaping the very fabric of our society. Dealing with this split—supporting growth in the hubs while arresting the decline elsewhere—will be the challenge of the century, and　The New Geography of Jobs　lights the way.

    The book draws extensively on real world examples to explore economic concepts, theories and issues. Each of the 52 units deals with a specific topic in a lucid and pertinent manner. A number of activities, based on examples from around the world, are designed to facilitate students' easy understanding of the contents. There is a range of questions both at the end of units and at the end of each of the eight sections to assess students' progress in the subject.

    But now people are experimenting with new forms of ownership, which Marjorie Kelly calls generative: aimed at creating the conditions for life for many generations to come. These designs may hold the key to the deep transformation our civilization needs. To understand these emerging alternatives, Kelly reports from all over the world, visiting a community-owned wind facility in Massachusetts, a lobster cooperative in Maine, a multibillion-dollar employee-owned department-store chain in London, a foundation-owned pharmaceutical company in Denmark, a farmer-owned dairy in Wisconsin, and other places where a hopeful new economy is being built. Along the way, she finds the five essential patterns of ownership design that make these models work. Winner of the 2013 Nautilus Silver Award in the category of Business/Leadership.

    Whether you're a beginner, and avid student, or an armchair expert, you'll find plenty to stimulate you within this book.--book jacket

    Allison is the longest-serving CEO of a top-25 financial institution, having served as Chairman of BB&T for twenty years. He currently serves as President and CEO of the Cato Institute and as a distinguished professor at the Wake Forest University Schools of Business. He is also one of the lead spokespersons for banking and policy reform today, appearing at universities and business groups nationwide and serving on the board of directors of the Ayn Rand Institute. He received a Lifetime Achievement Award from American Banker and was named one of the decade’s top 100 most successful CEOs by Harvard Business Review.

    In Predator Nation, Ferguson exposes the networks of academic, government, and congressional influence--in all recent administrations, including Obama's--that prepared the path to conquest. He reveals how once-revered figures like Alan Greenspan and Larry Summers have become mere courtiers to the elite. And based on many newly released court filings, he details the extent of the crimes--there is no other word--committed in the frenzied chase for storied wealth that marked the 2000s. And, finally, he lays out a brief plan of action for how we might take it back.

    Find all of the following, explained in plain-English: How your Social Security retirement benefits, spousal benefits, and widow/widower benefits are calculated How your benefits are affected if you have a government pension or if you continue working while claiming Social Security How to decide when is the best age for you (and your spouse, if you're married) to claim Social Security in order to get the most out of your benefits Whether or not it makes sense to take Social Security early in order to invest the money How to check your earnings record on the Social Security Administration's website to make sure you're getting the full benefit you deserve How Social Security benefits are taxed and how this affects retirement tax planning Please note that this book does not cover Social Security disability benefits or Supplemental Security Income (SSI).

    There is nothing wrong with that desire. But you must have known the secrets of avoiding losses. Share Market is a field that has of late developed overwhelmingly. Millions of people invest in it with enthusiasm and are interested in knowing details about this grey area. Sadly, not everyone who invests in it earn profits. Some people who constantly learn end up earning, but those who do not know anything about it and put their trust on luck lose miserably. This book shows the way to avoid losses and increase gains in share market. This comprehensive book touches upon every aspect of stock market investment. A fantastic starting point for anyone aspiring to enter into the unknown world of share market. Even for investors who are already in the market, this book can serve a guide. People say, you either earn or learn in share market. This book preaches the secrets of learning and earning at the same time. This work takes you through an introduction about shares, functioning of share markets, relevance of stock market indices and different approaches for primary & secondary market investments. In also talks about the real qualities of an investor and how he differs from a speculator in the marketplace. Relationship between inflation & investments and the need for achieving inflation adjusted returns are stressed upon. Various stock selection processes, approaches to adapt for different market conditions and more more importantly the art of avoiding losses are discussed in details. You will learn how to analyse a company, its shares, market dynamics, how to value a business, what price to pay for a company etc. All important parameters, numbers and ratios are explained with interesting real time illustrations. Difference between value investing and growth oriented stock selection process is analysed thoroughly, Likewise, fundamental analysis and technical analysis are compared in a rational way. On top of these, this books describe the qualities that differentiate successful investors from ordinary ones. Those qualities are analysed in detail. More importantly, the book stresses the importance of identifying bad companies and unethical management, and teaches how to stay away from them.

    Meme Wars aims to accelerate the shift into this new paradigm that takes into account psychonomics, bionomics, and other aspects of our physical and mental environment that are often left out in discussions of economics. Like Adbusters, the book will be image heavy and full-color throughout. Lasn calls it "a textbook for the future" that provides the building blocks, in texts and visuals, for a new way of looking at and changing our world. Through an examination of alternative economies, Lasn hopes to spur students to become "barefoot economists" and to see that a humanization of economics is possible. Meme Wars will include contributions from Nobel Prize winner Joseph Stiglitz, Paul Samuelson, George Akerlof, Lourdes Benería, Julie Matthaei, Manfred Max-Neef, David Orrell, Paul Gilding, Mathis Wackernagel and the father of ecological economics Herman Daly, among others.Based on ideas that were presented in a special issue of Adbusters entitled "Thought Control in Economics: Beyond the Growth Paradigm / An Activist Toolkit," Meme Wars will help move forward the Occupy Wall Street movement.

    

    McChesney explain how US elections are becoming controlled, predictable enterprises that are managed by a new class of consultants who wield millions of dollars and define our politics as never before. As the money gets bigger—especially after the Citizens United ruling—and journalism, a core check and balance on the government, declines, American citizens are in danger of becoming less informed and more open to manipulation. With groundbreaking behind-the-scenes reporting and staggering new research on “the money power,” Dollarocracy shows that this new power does not just endanger electoral politics; it is a challenge to the DNA of American democracy itself.

    Polls show that two-thirds of the nation now believe that America's enormous wealth ought to be "distributed more evenly." However, almost as many Americans — well over half — feel the protests will ultimately have "little impact" on inequality in America. What explains this disconnect? Most Americans have resigned themselves to believing that the rich simply always get their way.Except they don't.A century ago, the United States hosted a super-rich even more domineering than ours today. Yet fifty years later, that super-rich had almost entirely disappeared. Their majestic mansions and estates had become museums and college campuses, and America had become a vibrant, mass middle class nation, the first and finest the world had ever seen.Americans today ought to be taking no small inspiration from this stunning change. After all, if our forbears successfully beat back grand fortune, why can't we? But this transformation is inspiring virtually no one. Why?  Because the story behind it has remained almost totally unknown, until now.This lively popular history will speak directly to the political hopelessness so many Americans feel. By tracing how average Americans took down plutocracy over the first half of the 20th Century, and how plutocracy came back, The Rich Don't Always Win will outfit Occupy Wall Street America with a deeper understanding of what we need to do to get the United States back on track to the American dream.

    It argues that pervasive national, racial and cultural chauvinism in the core capitalist countries is not primarily attributable to ‘false class consciousness’, ideological indoctrination or ignorance as much left and liberal thinking assumes. Rather, these and related forms of bigotry are concentrated expressions of the major social strata of the core capitalist nations’ shared economic interest in the exploitation and repression of dependent nations.The book demonstrates not only how redistribution of income derived from super-exploitation has allowed for the amelioration of class conflict in the wealthy capitalist countries, it also shows that the exorbitant ‘super-wage’ paid to workers there has meant the disappearance of a domestic vehicle for socialism, an exploited working class. Rather, in its place is a deeply conservative metropolitan workforce committed to maintaining, and even extending, its privileged position through imperialism.The book is intended as a major contribution to debates on the international class structure and socialist strategy for the twenty-first century. What People Are Saying “Dr. Cope presents a thought provoking study of the political economy of the world system by focusing on the concept of a global labour aristocracy. Within the world system, which has also been described as a global apartheid system by some, enormous differences exist between workers’ wages and living conditions, depending on where the workers are located. The author details how a global labour aristocracy in core countries benefits at the expense of workers in periphery countries. The mechanisms supporting such a situation are identified as exploitation, imperialism and racism. The book is a valuable contribution to globalization critique.”- Gernot Köhler, Professor (retired) of Computer Studies at the Department of Computing and Information Management, Sheridan College, Ontario, Canada and author of The Global Wage System: A Study of International Wage Differences and Global Economics: An Introductory Course“How can we link the division between the poor and the rich people in one and any country and the division between the rich and poor nations together into an analytical framework? The answer lies in the concept of ‘the embourgeoisement of the working people’ of the rich core countries and the fact that colonialism and national chauvinism have gone hand in hand so as to breed a ‘labour aristocracy’. This book is a must-read for anyone who cares about fairness. Zak Cope brings together brilliantly the concepts of nation, race and class analytically under the umbrella of capitalism, by situating racism in the class structure and by locating class in the context of the global economy.”- Mobo Gao, Chair of Chinese Studies and Director of the Confucius Institute at the Centre for Asian Studies, University of Adelaide, and author of The Battle for China’s Past: Mao and the Cultural Revolution“This is a surprising book. At a time when confusion about Globalization surrounds us, Zak Cope pulls us towards what is fundamental. He outlines the 19th & 20th century recasting of the diverse human world into rigid forms of oppressed colonized societies and oppressor colonizing societies. A world divide still heavily determining our lives. Working rigorously in a marxist-leninist vein, the author focuses on how imperialism led to a giant metropolis where even the main working class itself is heavily socially bribed and loyal to capitalist oppression. Much is laid aside in his analysis, in order to concentrate on only what he considers the most basic structure of all in world capitalist society. This is writing both controversial and foundational at one and the same time.”- J. Sakai, author of Settlers: Mythology of the White Proletariat

    By no means is it over -- at the rate of job creation seen in January 2012, the economy won't return to pre-recession levels of employment until 2018. Where are we right now? How did we get here? Where might we be heading next? The Motley Fool's award-winning columnist, Morgan Housel, interviewed some of the world's top economists and analysts, including Yale's Robert Shiller and Wharton's Jeremy Siegel, to find out. This short e-book -- filled with graphics and videos -- explores the state of the economy, the stock market, the housing market, and ends with a critical lesson: The future is always inherently unknowable; tread with caution.

    A six figure salary, convertible sports car and a penthouse overlooking the California coast. He didn’t think life could get any better. Unfortunately, it just got worse. After a wild night of partying, he wakes up to find a dead woman face down in his kitchen. Now it’s kill or be killed, as he tries to unravel a corporate conspiracy before everything comes crashing down.

    Democrats in Congress and “Occupy” protesters across the country assert that the free market is not only unforgiving, it’s morally corrupt. According to President Obama and his allies, only by allowing the government to heavily control and regulate business and by redistributing the wealth can we ensure fairness and compassion.Exactly the opposite is true, says Father Robert A. Sirico in his thought–provoking new book, Defending the Free Market: The Moral Case for a Free Economy . Father Sirico argues that a free economy actually promotes charity, selflessness, and kindness. And in Defending the Free Market , he shows why free-market capitalism is not only the best way to ensure individual success and national prosperity but is also the surest route to a moral and socially–just society. In Defending the Free Market , Father Sirico shows:Why we can’t have freedom without a free economyWhy the best way to help the poor is to a start a businessWhy charity works—but welfare doesn'tHow Father Sirico himself converted from being a leftist colleague of Jane Fonda and Tom Hayden to recognizing the merits of a free economy.In this heated presidential election year, the Left will argue that capitalism may produce winners, but it is cruel and unfair. Yet as Sirico proves in Defending the Free Market , capitalism does not simply provide opportunity for material success, but it ensures a more ethical and moral society as well.

    More fundamentally, Professor Hans-Hermann Hoppe causes the scales to fall from one’s eyes on the most critical issue facing humanity today: the choice between liberty and statism.The Great Fiction, published by Laissez Faire Books, is an expansive collection of his writings centering on the theme of the rise of statism and its theoretical underpinning. Some essays have been published in mostly obscure or offbeat places, while others are new and have never appeared in print. Together they constitute a devastating indictment of the many forms of modern despotism and a sweeping reconstruction of the basis of state management itself.The title comes from a quotation by Frederic Bastiat, the 19th-century economist and pamphleteer: “The state is the great fiction by which everyone seeks to live at the expense of everyone else.” He does not say that this is one feature of the state, one possible aspect of public policy gone wrong, or one sign of a state gone bad in a shift from its night-watchman role to become confiscatory. Bastiat is characterizing the core nature of the state itself.The whole of Hoppe’s writings on politics can be seen as an elucidation on this point. He sees the state as a gang of thieves that uses propaganda as a means of disguising its true nature. In fleshing this out, Hoppe has made tremendous contributions to the literature, showing how the state originates and how the intellectual class helps perpetuate this cover-up, whether in the name of science, or religion, or the provision of some service like health, security, education, or whatever. The excuses are forever changing; the functioning and goal of the state are always the same.This particular work goes beyond politics, however, to show the full range of Hoppe’s thought on issues of economics, history, scientific methodology, and the history of thought. It is divided into five sections: Politics and Property, Money and the State, Economic Theory, The Intellectuals, and Biographical. The content ranges from highly structured academic pieces to prepared lectures to impromptu interviews. Together they present an example sampling of his perspective a range of issues.In each field, he brings that same level of rigor, that drive for uncompromising adherence to logic, the fearlessness in the fact of radical conclusions. In light of all of this, it seems too limiting to describe Hoppe as a mere member of the Austrian or libertarian tradition, for he really has forged new paths — in more ways than he makes overt in his writings. We are really dealing here with a universal genius, which is precisely why Hoppe’s name comes up so often in any discussion of today’s great living intellectuals.It is true, then, that Hoppe stands with a long line of anarchist thinkers who see the state as playing a purely destructive role in society. But unlike the main line of thinkers in this tradition, Hoppe’s thinking is not encumbered by utopian illusions about society without the state. He follows Ludwig von Mises and Murray N. Rothbard in placing private property as a central element in social organization. In justifying this point of view, Hoppe goes far beyond traditional Lockean phrases. He sees private property as an inescapable institution in a world of scarcity, and draws on the work of contemporary European philosophy to make his claims more robust than any of his intellectual predecessors did.The reader will be surprised at the approach Hoppe takes because it is far more systematic and logical than people expect of writers on these topics.He came to his views after a long intellectual struggle, having moved systematically from being a conventional left-socialist to become the founder of his own anarcho-capitalist school of thought. The dramatic change happened to him in graduate school, as he reveals in the biographical sections of this book. He takes nothing for granted in the course of his argumentation. He leads the reader carefully through each step in his chain of reasoning. This approach requires extraordinary discipline and a level of brilliance that is out of the reach of most writers and thinkers.The perspective from which he writes stems from a passionate yet scientific attachment to radical freedom, and his work comes about in times when the state is on the march. Everything he writes cuts across the grain. It is paradigm breaking. It is not only his conclusions that are significant but the masterful way that he arrives at them. The Great Fiction provides, perhaps better than any previous work, a full immersion experience into the mind and worldview of Hans Hermann-Hoppe.

    High rent is a problem for all of us, extending beyond personal financial strain. High rent drags on our country’s overall rate of economic growth, damages the environment, and promotes long commutes, traffic jams, misery, and smog. Yet instead of a serious focus on the issue, America’s cities feature niche conversations about the availability of “affordable housing” for poor people. Yglesias’s book changes the conversation for the first time, presenting newfound context for the issue and real-time, practical solutions for the problem.

    Though markets rise and fall every day, the drivers of those are rarely explored. Those who understand the dynamics of trading floors will better understand the dynamics of global financial markets. This book reveals the key players on the floor, their roles and responsibilities, how they serve their clients, and how it all impacts the markets. It also explains important terminology, explains the world of trading both cash and derivatives, and much more.Includes a foreword by Gillian Tett, author of Fool's Gold: How Unrestrained Greed Corrupted a Dream, Shattered Global Markets and Unleashed a Catastrophe.Terri Duhon (www.terriduhon.co) is a financial market expert who in 2004 founded B&B Structured Finance Ltd, which provides expert consulting and financial markets training . Her time on the trading floor has been documented in the book Fool's Gold as well as by PBS's Frontline.

    Victor W. Hwang and Greg Horowitt propose a radical new theory to explain the nature of "innovation ecosystems": human networks that generate extraordinary creativity and output. They argue that free market thinking fails to consider the impact of human nature on the innovation process. This ambitious work challenges the basic assumptions that economists have held for over a century.The authors argue that such ecosystems - what they call Rainforests - can only thrive when certain cultural behaviors unlock human potential. People in Rainforests belong to "tribes of trust" and follow a secret unwritten code: the Rules of the Rainforest. The theory of the Rainforest is influenced by several breakthrough ideas in academia, including insights on sociobiology from Harvard, economic transactions from the University of Chicago, and design theory from Stanford. With an unorthodox and entertaining narrative, the book reveals the mysterious mechanisms of Rainforests. Furthermore, the authors provide practical tools for readers to design, build, and sustain new innovation ecosystems. The Rainforest will transform the way you think about technology, business, and leadership.

    Meanwhile, most of that money goes to middle-class and upper-middle-class families, and the current U.S. poverty rate is higher than it was before the government began spending trillions of dollars on anti-poverty programs.In this eye-opening Broadside, Kevin D. Williamson uncovers the hidden politics of the welfare state and documents the historical evidence that proves Lyndon B. Johnson’s “Great Society” was designed to do one thing: maximize the number of Americans dependent upon the government. The welfare state was never meant to eliminate privation; it was created to keep Democrats in power.

    It covered jazz, of course, but it also included Davis’s ruminations on race, politics and culture. Fascinated, Hef sent the writer—future Pulitzer-Prize-winning author Alex Haley, an unknown at the time—back to glean even more opinion and insight from Davis. The resulting exchange, published in the September 1962 issue, became the first official Playboy Interview and kicked off a remarkable run of public inquisition that continues today—and that has featured just about every cultural titan of the last half century.To celebrate the Interview’s 50th anniversary, the editors of Playboy have culled 50 of its most (in)famous Interviews and will publish them over the course of 50 weekdays (from September 4, 2012 to November 12, 2012) via Amazon’s Kindle Direct platform. Here is the interview with economist Milton Friedman from the February 1973 issue.

    Yet the original pirates were mutineers, rebelling against the brutal and violent oppression of the princes and merchants who enslaved them.How has their fight become ours?In this wide-reaching and eye-opening book, Kester Brewin fuses history, philosophy and sociology to explore the place of piracy in our history and culture, and, calling on Blackbeard, Luke Skywalker, Peter Pan and Odysseus, chases pirates through literature and film into the deepest realms of personal development, art, economics and belief.

    "The Great Persuasion" is an intellectual history of that project. Angus Burgin traces the evolution of postwar economic thought in order to reconsider many of the most basic assumptions of our market-centered world.Conservatives often point to Friedrich Hayek as the most influential defender of the free market. By examining the work of such organizations as the Mont Pelerin Society, an international association founded by Hayek in 1947 and later led by Milton Friedman, Burgin reveals that Hayek and his colleagues were deeply conflicted about many of the enduring problems of capitalism. Far from adopting an uncompromising stance against the interventionist state, they developed a social philosophy that admitted significant constraints on the market. Postwar conservative thought was more dynamic and cosmopolitan than has previously been understood.It was only in the 1960s and '70s that Friedman and his contemporaries developed a more strident defense of the unfettered market. Their arguments provided a rhetorical foundation for the resurgent conservatism of Barry Goldwater and Ronald Reagan and inspired much of the political and economic agenda of the United States in the ensuing decades. Burgin's brilliant inquiry uncovers both the origins of the contemporary enthusiasm for the free market and the moral quandaries it has left behind.

    It shows that every truly valuable aspect of our lives extends not from politics and the regime but from our own voluntary choices.Choice has created the marvels of the digital age that bestows its benevolence on us every day. Its greatest contribution has been to link the people of the world in communication.The critical fact about communication is its creative power. It is a form of exchange. The goods exchanged are not property but ideas, and this exchange results in new ideas, new intellectual wealth, the precondition for changing the world.Unscripted, uncontrolled, uncensored communication illustrates the productive power of anarchy. The more this communicative anarchy has advanced, the more it has served to build civilization.This is a triumph for human liberty, Tucker argues, and with liberty comes flourishing and the cultivation of civilized life. Philosophers of all ages have dreamed of a world without power, despots, and bullies — a world built by people and for people. The market in the digital age is delivering that to us.And it’s not only about us. It’s about everyone. Wherever the state is not standing in the way, prosperity comes flooding in. We are in the midst of the longest and most-dramatic period of poverty reduction the world has ever known. In the last ten years, some 70 million people have been lifted from destitution. Fewer than half the people who were so 25 years ago still qualify today.The reason is technology, communication, entrepreneurship, and that wonderful trajectory away from gatekeepers toward personal empowerment the world over. This is the gift of the digital age, the most spectacular and revolutionary period of change the world has ever known.The aims of A Beautiful Anarchy are: 1) to draw attention to the reality that surrounds us but we hardly ever bother to notice, much less celebrate; 2) to urge a willingness to embrace this new world as a means of improving our lives regardless of what the anachronistic institutions of power wish us to do; 3) to elucidate the causes and effects that have created this new world; and 4) to urge more of the good institutions that have created this beautiful anarchy.This books covers the uses of social media, the blessed end of the nation-state, the way the government is destroying the physical world, the role of commerce in saving humanity, the depredations of nation-state monetary policy, the evil of war and the lie of national security, and private societies as agents of liberation. And it offers a hopeful prognosis for a creative and productive world without central control. The book is topical, pithy, and anecdotal, yet points to the big ideas and the larger picture to help frame the great economic and political debates of our time.The book is in digital format, but 450 pages in physical form.

    Restoring America One County at a Time is an action manual for anyone concerned about liberty. But it's much more than just an action manual. It boldly represents the type of iconoclastic history lessons, biblical studies, moral challenges, unpopular truths and reformational remedies a restored Christian republic will require. This is a training manual designed to empower your whole education and worldview.And it's for the serious only. It will not do to content ourselves with lip service to patriotism, faith and freedom. We must have real, substantial plans and real, practical action items. These must be clear and they must be broad, addressing every single area of life.The result of Restoring America One County at a Time is an inspiring and practical vision of America based upon the Bible, covering ten major areas of life:EducationWelfareLocal GovernmentState GovernmentTaxationMoney and BankingFree MarketsCourtsWar and the MilitaryExecutive PowerUnless we invest the time and sweat to get these things back, we have no one to blame for society's erosion but ourselves. And of course, all the books in the world won't help you restore America, especially when they don't tell you what you can actually do, and do now! Every four years, Americans line up at their local polling places to cast their ballots for President. Most of them believe this is the most important vote they make -- the very essence of their voice in American politics. Yet, while they haggle over which party’s middle man will sit in the White House, the civil government continues its unimpeded invasion into the personal lives of every citizen. Most Americans are unwittingly expanding the State's power simply by believing that real change can be effected at only the national level.Joel McDurmon's Restoring America One County at a Time shatters this misconception, exploring the destructive path government centralization has taken in ten crucial areas of American life including education, welfare, and taxes. He also provides concrete advice on how families and individuals can reverse the national trends that threaten the life, liberty, and property of every American. National change need not happen at the national level. In fact, McDurmon's well-researched analysis of American history establishes that real change cannot happen through coercive centralized controls, no matter how good one's intentions may be. Radical change at the national level must flow naturally from a careful return to biblical prescriptions at the local level.If you're tired of the right-wing, left-wing party see-saw that never seems to make any difference... If you're tired of the talk radio griping that never really offers any solutions... If you want to work for significant change now, find out how in this incisive book. And if you're not ready to make a change, find out why you should be!

    In the wake of the Fail Decade, Americans have historically low levels of trust in their institutions; the social contract between ordinary citizens and elites lies in tatters.How did we get here? With Twilight of the Elites, Christopher Hayes offers a radically novel answer. Since the 1960s, as the meritocracy elevated a more diverse group of men and women into power, they learned to embrace the accelerating inequality that had placed them near the very top. Their ascension heightened social distance and spawned a new American elite--one more prone to failure and corruption than any that came before it.Mixing deft political analysis, timely social commentary, and deep historical understanding, Twilight of the Elites describes how the society we have come to inhabit – utterly forgiving at the top and relentlessly punitive at the bottom – produces leaders who are out of touch with the people they have been trusted to govern. Hayes argues that the public's failure to trust the federal government, corporate America, and the media has led to a crisis of authority that threatens to engulf not just our politics but our day-to-day lives.Upending well-worn ideological and partisan categories, Hayes entirely reorients our perspective on our times. Twilight of the Elites is the defining work of social criticism for the post-bailout age.

    But with heated debates over taxation now roiling Congress and the nation, an understanding of our tax system is of vital importance. Taxes in America: What Everyone Needs to Know(R), by preeminent tax scholars Leonard E. Burman and Joel Slemrod, offers a clear, concise explanation of how our tax system works, how it affects people and businesses, and how it might be improved. Accessibly written and organized in a clear, question-and-answer format, the book describes the intricacies of the modern tax system in an easy-to-grasp manner. Burman and Slemrod begin with the basic definitions of taxes and then delve into more complicated and indeed contentious concerns. They address such questions as how to recognize Fool's Gold tax reform plans. How much more tax could the IRS collect with better enforcement? How do tax burdens vary around the world? Why do corporations pay so little tax, even though they earn trillions of dollars every year? And what kind of tax system is most conducive to economic growth?What Everyone Needs to Know(R) is a registered trademark of Oxford University Press.

    Although the Great Recession officially ended in June 2009, hopes for a new phase of rapid economic expansion were quickly dashed. Instead, growth has been slow, unemployment has remained high, wages and benefits have seen little improvement, poverty has increased, and the trend toward more inequality of incomes and wealth has continued. It appears that the Great Recession has given way to a period of long-term anemic growth, which Foster and McChesney aptly term the Great Stagnation.This incisive and timely book traces the origins of economic stagnation and explains what it means for a clear understanding of our current situation. The authors point out that increasing monopolization of the economy—when a handful of large firms dominate one or several industries—leads to an over-abundance of capital and too few profitable investment opportunities, with economic stagnation as the result. Absent powerful stimuli to investment, such as historic innovations like the automobile or major government spending, modern capitalist economies have become increasingly dependent on the financial sector to realize profits. And while financialization may have provided a temporary respite from stagnation, it is a solution that cannot last indefinitely, as instability in financial markets over the last half-decade has made clear.

    In Enough Is Enough, Rob Dietz and Dan O’Neill lay out a visionary but realistic alternative to the perpetual pursuit of economic growth—an economy where the goal is not more but enough. They explore specific strategies to conserve natural resources, stabilize population, reduce inequality, fix the financial system, create jobs, and more—all with the aim of maximizing long-term well-being instead of short-term profits. Filled with fresh ideas and surprising optimism, Enough Is Enough is the primer for achieving genuine prosperity and a hopeful future for all.

    Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics.The authors, building on their earlier book Economics: Marxian versus Neoclassical, offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory around such topics as market imperfections, information economics, new theories of equilibrium, and behavioral economics, considering whether these advances represent new paradigms or merely adjustments to the standard theory. They also explain why economic reasoning has varied among these three approaches throughout the twentieth century, and why this variation continues today--as neoclassical views give way to new Keynesian approaches in the wake of the economic collapse of 2008.

    Today, over 97% of all of the money used by people and businesses is created by banks when they make loans. As Financial Times economist Martin Wolf writes, "The essence of the contemporary monetary system is the creation of money, out of nothing, by private banks' often foolish lending." This way of creating money has led to economic instability and a financial crisis. It has produced the highest-ever levels of personal and government debt, made houses unaffordable, and driven the short-termism which is destroying the businesses, and ecosystems, on which we depend. But it doesn't have to be like this. The way money is created can be changed. Modernising Money shows how a UK law implemented in 1844 can be updated and combined with reform proposals from the Great Depression, to provide the UK with a stable monetary and banking system, much lower levels of personal and national debt, and a thriving economy. Detailed, but accessible to non-economists, Modernising Money is written for anybody who wants to know how to create an economy that serves people, businesses, society and the environment.

    Projects and simulations are not just exercises in this book, but its heart and soul. You will not only learn how to do state-of-the-art simulations and build exotic derivatives valuation models, you will also learn how to quickly make reasonable inferences based on incomplete information. This book will give you the expertise to make significant progress in understanding brand new derivatives given only a preliminary term sheet, thus making you extraordinarily valuable to banks, brokerage houses, trading floors, and hedge funds.Financial Hacking is not about long, detailed mathematical proofs or brief summaries of conventional financial theories; it is about engineering specific, useable answers to imprecise but important questions. It is an essential book both for students and for practitioners of financial engineering.MBAs in finance learn case-method and standard finance mainly by talking. Mathematical finance students learn the elegance and beauty of formulas mainly by manipulating symbols. But financial engineers need to learn how to build useful tools, and the best way to do that is to actually build them in a test environment, with only hypothetical profits or losses at stake. That's what this book does. It is like a trading desk sandbox that prepares graduate students or others looking to move closer to trading operations.

    Many of these are topics still relevant and debated today.In addition, this edition also contains footnotes and glossary entries that help explain the political, economic, and intellectual context in which Bastiat lived and worked. Filling gaps on Bastiat and his philosophy, this volume features articles that have never before been translated in English.Frédéric Bastiat (1801–1850) was one of the leading advocates of free markets and free trade in the mid-nineteenth century.Pascal Salin is Emeritus Professor of Economics, Paris University, and former president of the Mont Pelerin Society. He is the author of Libéralisme; Français, n’ayez pas peur du libéralism; and Revenir au capitalisme, pour éviter les crises.Jacques de Guenin is founder of the Cercle Frédéric Bastiat. He is a graduate of the École des Mines in Paris and holds a Master of Sciences from the University of California, Berkeley.Dennis O’Keeffe is Professor of Social Science at the University of Buckingham, Buckingham, England, and is Senior Research Fellow in Education at the Institute of Economic Affairs, London.David M. Hart has a Ph.D. in history from King’s College, Cambridge, and is the Director of Liberty Fund’s Online Library of Liberty.Please note: This title is available as an ebook for purchase on Amazon, Barnes and Noble, and iTunes.

    A Peoples Guide to the Federal Budget is for every American who wants to understand and participate in a process that affects all of us. It serves as a foundation for the novice reader, a reference tool for a more advanced audience, and is perfect for high school and college classroom use. Released to coincide with the fiscal year 2013 budget process and the 2012 presidential election, this guide includes up-to-the-minute numbers and explanation of President Obamas 2013 budget request.

    Economics is not merely a game to be played by clever professionals, but a discipline that touches upon the most pressing practical issues at any historical juncture. The wealth and poverty of nations is at stake; the length and quality of life turns on the economic conditions individuals find themselves living within. Touching upon a variety of subjects—including market socialism, political economy, and economics education—this reference contains the wisdom of an expert in the field.

    Often, he writes in response to an absurdity offered up by a columnist or politician, or an eye-catching factoid misleadingly taken out of context. This collection, comprised of one hundred of Boudreaux’s best letters, provides intelligent, witty rejoinders to questions like these: •    Are taxes “really just prices”? (New York Times) •    Does the Tea Party suffer from a “fatuous infatuation” with the Constitution? (Washington Post) •    Is it “obvious” that “if there are fewer guns, there are fewer shootings and fewer funerals” (New Orleans Times-Picayune) •    Has “slowing population growth” proven to be “critical to long-term economic growth”? (Wall Street Journal) Without swearing allegiance to any party or ideology, Boudreaux takes aim at pundits and politicos on the left, right, and everywhere between. He tackles issues ranging from “lookism” in the office and the futility of border walls to naïve faith in alternative energy and the all-too-common tendency to trust a fallible and ever-expanding government. Half-truths and Hypocrites won’t change the deeply held convictions of readers. But it will entertain them, enlighten them, and sharpen their eye for shaky facts, faulty reasoning, and intellectual dishonesty—all of which are threats to a free, prosperous country.

    Different methods for analyzing financial statements are provided. Detailed calculations and explanations of numerous financial ratios are provided, with easy to follow examples for each ratio. The importance of trend analysis is also discussed and calculation methods are provided. A full list of definitions of most terms is provided in the appendix. Over 40 images are included to make it easier to understand the topics discussed.

    Martin Luther King Jr.’s sweeping dream of equality and freedom for all, what many do not realize is just how keenly focused he was on economic issues, particularly in his later years. Dr. King believed without economic opportunity, we do not have the chance to pursue happiness. It was, in fact, while planning the Poor People’s March, a dramatic stand on economic issues, that his voice was forever silenced. In his final book, Dr. King posed the question, where do we go from here? The answer lies in Kingonomics, a 21st-century interpretation of his economic vision translated through the eyes of Dr. Rodney Sampson, a globally established economic innovator, business developer, and highly successful serial entrepreneur.With 12 currencies (including service, innovation, and reciprocity), Sampson takes pertinent ideas from the life and works of Dr. King and, by combining them with real-life experiences, produces a guide through which one can realize their full potential and personal power. Success does not discriminate, and the road map to it is contained in the pages of this revolutionary new work.

    The objective is to take the reader from acquaintance with these foundational topics to something closer to mastery of the models and results connected to them. Provides a rigorous treatment of some of the basic tools of economic modeling and reasoning, along with an assessment of the strengths and weaknesses of these tools Complements standard texts Covers choice, preference, and utility; structural properties of preferences and utility functions; basics of consumer demand; revealed preference and Afriat's Theorem; choice under uncertainty; dynamic choice; social choice and efficiency; competitive and profit-maximizing firms; expenditure minimization; demand theory (duality methods); producer and consumer surplus; aggregation; general equilibrium; efficiency and the core; GET, time, and uncertainty; and other topics Features a free web-based student's guide, which gives solutions to approximately half the problems, and a limited-access instructor's manual, which provides solutions to the rest of the problems Contains appendixes that review most of the specific mathematics employed in the book, including a from-first-principles treatment of dynamic programming

    Everything flows from the way the money system is handled. It is the cause of inflation, of depressions, of any sudden changes in the economy. Not one person in a thousand really understands what money is. And yet, there are few subjects in the world more fascinating than the study of money. A proper grasp of it will give you the key that unlocks the many puzzles of national economic events. Without that understanding, it’s impossible to think for oneself; instead, you’re forced to rely upon the superficial conclusions of people with conflicting opinions and credentials. This short book covers 99% of all you need to know about money and its effect upon the economy. It's the clearest and most extensive explanation of how the government money system works and perverts the free market. Equally important, it’s written in language that any reasonably intelligent layman can understand. Harry Browne was unknown in the investment world when his first book, How You Can Profit from the Coming Devaluation, was published in 1970. Recognizing the disastrous monetary policy of the U.S. government, he warned that the dollar would be devalued, inflation could be severe, and gold, silver, and foreign currencies should skyrocket in value. The book's theme clashed with the prevailing wisdom, but it struck a chord with tens of thousands of Americans, and the book made the New York Times bestseller list. This eBook, taken from the first nine chapters of Harry's best-selling book, and edited by him in 2005, includes a brief afterword with a source that can help you set up a Permanent Portfolio. So it doesn't matter whether next year brings prosperity, inflation, recession, or even a depression; you'll know you're safe - no matter what. Table of ContentsIntroductionForward: The Role of Money1. What is Money? 2. What is Paper? 3. What is Inflation? 4. The Government and Money5. How To Create Money6. Mass Confusion7. Inflation Starts to Gallop8. Who Will Protect You? AfterwordAbout the Author

    “In this era of tightening world food supplies, the ability to grow food is fast becoming a new form of geopolitical leverage. Food is the new oil,” Lester R. Brown writes.What will the geopolitics of food look like in a new era dominated by scarcity and food nationalism? Brown outlines the political implications of land acquisitions by grain-importing countries in Africa and elsewhere as well as the world’s shrinking buffers against poor harvests. With wisdom accumulated over decades of tracking agricultural issues, Brown exposes the increasingly volatile food situation the world is facing.

    Students, appearing for competitive examinations which test Business Awareness, will find this collection of information extremely valuable. The book aims to satiate the hunger of a curious mind by providing a number of interesting questions and ‘fundas’ from varied sectors right from airlines and automobiles to magazine covers and scams. If you are a Quizzer or want to start of on the path to being one, this book will tell you not only what to read but also guide you on using your knowledge in answering questions.About The AuthorRavi Handa has studied Computer Science & Engineering at IIT Kharagpur. He has conducted quizzes at various colleges like the IITs, BITS & XLRI. He currently works at a gamification startup called MindTickle.Avinash Maurya is defined by his quest to “know more”. Founder of maarewa.com and handakafunda. com, he is passionate about quizzing, photography, media curation, creation and much more. They are the national champions of the inaugural season of NDTV quiz show - Tech Grandmasters 2011.Table Of ContentsForeword by Rajiv MakhniPart 1 Facts1.1.1 Major Global Companies1.1.2 Major Indian Companies1.1.3 Timeline1.2 Brand Quotient1.3 Books1.4 Taglines1.5 AbbreviationsPart 2 Etymologies2.1 Company Names2.2 Business TerminologiesPart 3 Questions3.1 Multiple Choice Questions3.2 Answers to Multiple choice Questions3.3 Funda Questions3.4 Answers to Funda QuestionsPart 4 Tables4.1 Apple Inc.4.2 Collective Names4.3 Fortune 500 Indian Companies4.4 Former Trademarks-Generic Names4.5 Ticker Symbols4.6 Time Person of the YearAuthor BIO

    He takes on all comers, disposing of all opponents of the market from Keynesians to Marxists and everyone in between, with crackling prose and sizzling wit. The liberal history comes alive with Raico's pen, and at the same time quenches the reader's thirst for detail, infusing an excitement that urges the reader to further explore. Raico's breadth of scholarship is on full display, combining insights and arguments from disparate points. He provides clarity to a history that is often slanted and distorted. Multiple reference lists contained in the book will serve as a classical liberal treasure trove for students and scholars for decades to come.

    But it is unlike any you have ever read. It deals with the current crisis in a way that no one else does. It has deep and fascinating research on all the main issues we face: the loss of security in the name of security, the state's role in strangling economic opportunity, the petty central-planning that has regimented every aspect of life, the loss of basic civil liberties. The argument is relentless, fresh, and eye opening as never before. But she goes a step further, even several steps further. She argues that your rights and freedom are too important to wait for political reform. We must take our fate into our own hands, and live free regardless of what the political elites are attempting to do to us. Can we live full, free, and prosperous lives in these times, starting now? McElroy says that we can and we must. She presents a new way of thinking about how to build civilization even when it is so under attack. In her view, the worst mistake we can make is to allow our lives to be consumed by politics and the awful realities that surround us. We must instead surround ourselves by people and things we truly love. The best way to fight back, she says, is to find and build freedom for ourselves. We must discover the art of being free. The last chapter alone has been called one of the most inspired and inspiring pleas for real-life liberty ever penned. Here we have a manual on not only what is wrong with the world but also for how to refuse to be beaten back by our overlords. Despite the subject matter, then, this is a libertarianism that is bright, upbeat, and triumphant, even in these times.

    Foreword by Dennis Meadows, co-author of the 1972 Club of Rome report The Limits to Growth. Pioneering new research from the Club of Rome: In 1972, the first Report for the Club of Rome - The Limits to Growth - famously spelled out the unsustainable consequences of an economic system that demands infinite growth in a finite world. Just as The Limits to Growth exposed the catastrophic flaws in our economic system, this new Report from the Club of Rome exposes the systemic flaws in our money system and the wrong thinking that underpins it. It describes the ongoing currency and banking crises we must expect if we continue with the current monopoly system - and the vicious impact of these crises on our communities, our society as a whole and our environment. It finishes by setting out clear, practical proposals for creating a money 'ecosystem' with complementary currencies to support and stabilize the current money system.

    For each section within a chapter, the manual may give the historical context, clarify the relationship between what the student is learning from the text compared to a typical college textbook, warn about possible confusions the student may encounter, or give links for further reading for the teacher's own edification (not necessarily to be assigned to the student).In addition, this manual provides thorough answers to the study Questions found at the back of each Lesson in the student text. The manual also lists optional supplemental materials, such as free online videos, audio lectures, and readings, along with instructions as to their level of difficulty and relevance. The manual also provides sample tests and even suggested activities (ideal for homeschooling parents) to illustrate the concepts in each chapter.The manual can be used by any teacher, but it is ideal for the homeschooling parent who needs guidance in developing a curriculum for the junior high student involving economics.

    This story exposes and corrects a perpetual historical denial—by movements across the political spectrum—of America's all-important founding economic clashes, a denial that weakens and cheapens public discourse on American finance just when we need it most.

    What the FED hailed as The Great Moderation has left the middle class to take on a lifetime of bank debt to obtain access to housing, education to get a job, an auto to drive to it, and simply to maintain living standards that wages and salaries no longer support. What has derailed the economy is the take-over of academic economics and politics by the financial sector in order to censor criticism and misrepresent statistics so as to give the impression that the economy can borrow its way out of debt. The reality is that income used to pay down today s debt overhead is not available to be spent on goods and services. The result is debt deflation, followed by austerity and the the "fire sale" or decay of infrastructure at the national and local levels. The most controversial claim by Prof. Hudson is that Debts that can't be paid, won't be. The question he poses is whether their non-payment will lead to worldwide foreclosures including sell-offs of the public domain by debt-strapped local and national governments or whether they will be written down in line with the ability to pay. This is the economic issue that will dominate politics over the next generation. Illustrated with charts and exhibits that make it plain where money goes versus where it should go.

    Covering topics from the Lyndon Johnson presidency to the provocatively titled article “Military-Economic Fascism” on the military-industrial-congressional complex, it argues that the U.S. government consistently exploits national crises and then invents timely rhetoric that limits the rights and liberties of all citizens for the benefit of the few, be they political leaders or various industrialists in the areas of defense and security. As its title suggests, this book presents a clear narrative of trends and events—from the United States’ entry into World War II to the origins of income tax—causing individuals to question whether those in power are truly blind to the effects and causes of their policies.

    Experiments provide the feedback loop that allows us, in certain limited ways, to identify error in our beliefs as a first step to correcting them. Over the course of the first half of the twentieth century, scientists invented a methodology for executing controlled experiments to evaluate certain kinds of proposed social interventions. This technique goes by many names in different contexts (randomized control trials, randomized field experiments, clinical trials, etc.). Over the past ten to twenty years this has been increasingly deployed in a wide variety of contexts, but it remains the red-haired step child of modern social science. This is starting to change, and this change should be encouraged and accelerated, even though the staggering complexity of human society creates severe limits to what social science could be realistically expected to achieve. Randomized trials have shown, for example, that work requirements for welfare recipients have succeeded like nothing else in encouraging employment, that charter school vouchers have been successful in increasing educational attainment for underprivileged children, and that community policing has worked to reduce crime, but also that programs like Head Start and Job Corps, which might be politically attractive, fail to attain their intended objectives. Business leaders can also use experiments to test decisions in a controlled, low-risk environment before investing precious resources in large-scale changes – the philosophy behind Manzi’s own successful software company.In a powerful and masterfully-argued book, Manzi shows us how the methods of science can be applied to social and economic policy in order to ensure progress and prosperity.

    They span the political spectrum from COUNTERPUNCH.COM and KPFK radio’s GUNS AND BUTTER to iTULIP.COM and SANKT GEORGE in Berlin. It also includes his now-famous Rimini, Italy, speeches that were given at a packed sports arena in early 2012 on the topic of how finance capitalism is pushing the world, starting with Europe, into austerity and neo-feudalism.

    These are the main points of the proposal for copyright reform that the Pirate Party is advocating. This is a constructive alternative to the controversial ACTA agreement, and to the criminalization of the entire young generation.

    It is grounded in an extensive study of rare and primary sources and represents a landmark revisionist history of how the breeders of money gained dominion over the West.For most of the first 1500 years of Christianity usury, the lending of money at interest, was unanimously condemned by the Fathers of the Early Church, and by popes, councils and saints, as a damnable sin equivalent to robbery and even murder. Any interest on loans of money, not just exorbitant interest, was defined de fide as a grave transgression against God and man.Hoffman confronts the reader with a startling datum: the overthrow of magisterial dogma and the approval of scripture-twisting heresy occurred inside the Church centuries before the Enlightenment and the dawn of the modern era, culminating in the overthrow of divine truth; an epochal act of nullification.Usury in Christendom: The Mortal Sin that Was and Now is Not resurrects the suppressed biblical, patristic and medieval Catholic doctrine on interest on money, provides new information on the record of early Protestant resistance to the usury revolution, and the discernment, by Dante and other visionaries, of the sub-rosa connection between usury and a host of abominations that continue to plague us today.Western civilization was profoundly disfigured by the ecclesiastic exculpation of the charging of interest on debt. The result has been a pursuit of usurious profit unconstrained by the Word of God, the dogma of His true Church, and the consensus patrum of fifteen centuries.

    Ruwart has compiled hundreds of questions and her short, succinct answers from her 15 year web column with The Advocates for Self-Government. Short Answers is a great resource for libertarians, candidates, and those who are exploring what libertarianism is all about. Dr. Ruwart s award-winning book, Healing Our World, also available at Amazon.com, makes a great compliment to Short Answers.

    A host of visionary thinkers has followed, including mathematician and biologist Brian Goodwin, who died in 2009. This book is a realization of his vision for Schumacher College to publish a collection of essays on sustainable solutions to the current global crisis. Themes include the importance of education, science, Transition thinking, economics, energy sources, business and design, in the context of philosophy, spirituality and mythology.The contributors include Satish Kumar, Jules Cashford, Fritjof Capra, Rupert Sheldrake, James Lovelock, Peter Reason, Gideon Kossoff, Craig Holdrege, Helena Norberg-Hodge, Colin Tudge, Nigel Topping and many others.This book is essential reading for anyone concerned about the future of our society and the environment.

    These banks were called "too big to fail" in 2008, but today have amassed even greater wealth through bailouts and mergers. Their greedy and predatory practices have resulted in millions unemployed and millions in foreclosure, while they amass record profits and pay out huge bonuses.The case is made for seizing the banks. Not the money of individual depositors, but rather the accumulated super profits that have enabled them to become a critical lever of the modern economy and its political superstructure.In their place could be a People's Bank, publicly owned with a democratically elected leadership. This new entity could then wield its power not for the rule of a tiny clique of bankers and other capitalists, but for the rule of the majority.

    At the war s end, the national government owed tremendous sums to foreign creditors and its own citizens. But lacking the power to tax, it had no means to repay them. "The Founders and Finance" is the first book to tell the story of how foreign-born financial specialists immigrants solved the fiscal crisis and set the United States on a path to long-term economic success.Pulitzer Prize winning author Thomas K. McCraw analyzes the skills and worldliness of Alexander Hamilton (from the Danish Virgin Islands), Albert Gallatin (from the Republic of Geneva), and other immigrant founders who guided the nation to prosperity. Their expertise with liquid capital far exceeded that of native-born plantation owners Washington, Jefferson, and Madison, who well understood the management of land and slaves but had only a vague knowledge of financial instruments currencies, stocks, and bonds. The very rootlessness of America s immigrant leaders gave them a better understanding of money, credit, and banks, and the way each could be made to serve the public good.The remarkable financial innovations designed by Hamilton, Gallatin, and other immigrants enabled the United States to control its debts, to pay for the Louisiana Purchase of 1803, and barely to fight the War of 1812, which preserved the nation s hard-won independence from Britain."

    Janeway provides an accessible pathway for readers to appreciate the dynamics of the interaction between the state, financiers and entrepreneurs in the innovation economy.

    Yet many of the tenets of this ideology endure among leftist thinkers, despite repeated and universal failure. The question is why?In A Capitalist Manifesto, Gary Wolfram answers that question with a clear explanation of the only economic system compatible with individual liberty, social justice and freedom: Capitalism. From barter to free markets, Wolfram explains the nature of money, the creation of wealth and the brilliance of a system based not on the state but rather on millions of unique individuals deciding what is best.

    Why does the electorate keep buying what they’re selling? According to political communications expert Anat Shenker-Osorio, it’s all about language—and not just theirs, but ours.In Don’t Buy It Shenker-Osorio diagnoses our economic discourse as stricken with faulty messages, deceptive personification, and, worst of all, a barely coherent concept of what the economy actually is. Opening up the business section of most newspapers or flipping on cable news unleashes an onslaught of economic doomsaying that treats the economy as an ungovernable force of nature. Alternately, by calling the economy “unhealthy” or “recovering” as we so often do, we unconsciously give it the status of a living being. No wonder Americans become willing to submit to any indignity required to keep the economy happy. Tread lightly, we can’t risk irritating the economy!Cutting through conservative myth-making, messaging muddles, and destructive misinformation, Shenker-Osorio suggests a new way to win the most important arguments of our day. The left doesn’t have to self-destruct every time matters economic come to the fore—there are metaphors and frames that can win, and Shenker-Osorio shows what they are and how to use them.Don’t Buy It is a vital handbook for seizing victory in the economic debate. In the end, it convincingly shows that radically altering our politics and policies for the better is a matter of first changing the conversation—literally.

    He looks at scientists’ conclusions about climate change, the business world’s opinions about its own power, and reveals the fingerprints of finance on American elections. With a unique and engaging approach to each crucial subject, students, academics and activists will find a lot to appreciate in this quiet call-to-arms for a saner and more stable world.

    What does this portend? Robert Atkinson and Stephen Ezell, widely respected economic thinkers, report on profound new forces that are shaping the global economy—forces that favor nations with innovation-based economies and innovation policies. Unless the United States enacts public policies to reflect this reality, Americans face the relatively lower standards of living associated with a noncompetitive national economy.The authors explore how a weak innovation economy not only contributed to the Great Recession but is delaying America's recovery from it and how innovation in the United States compares with that in other developed and developing nations. Atkinson and Ezell then lay out a detailed, pragmatic road map for America to regain its global innovation advantage by 2020, as well as maximize the global supply of innovation and promote sustainable globalization.

    The second part, which is a section of my book Capitalism: A Treatise on Economics, goes deeper and seeks to overturn the foundations of Buffett's and most other people's ideas concerning the relationship between profits and wages.At least since the time of Adam Smith, it has been believed that profits, interest, and all other income that is not wages (or salaries) is a deduction from what is naturally and, by implication, rightfully, wages. This view is the starting point of the Marxian exploitation theory, which seeks to explain what determines the extent of this alleged deduction and finds the answer in a distorted version of the classical economists' labor theory of value. But this same view is no less the starting point of the most important critic of the Marxian exploitation theory, namely, the great Austrian economist Böhm-Bawerk, who differs from Marx in concluding that, because of time preference, profits (interest) are a justified deduction from what is originally all wages.In opposition to Smith, Marx, Böhm-Bawerk, and all who share their ideas, the theory that I propound is that the original, primary form of income is not wages but, however ironically, profits. Developing the implications of this major finding and anticipating and answering the questions that come to mind in connection with it occupies a substantial portion of both parts of this book. The most important of these implications is the demonstration of a harmony of the self-interests of wage earners and capitalists. This, in turn, has enormous implications for the way people view such major economic issues as capitalism versus socialism, economic freedom versus government controls, income and inheritance taxation, and labor and social legislation.This little book offers an unprecedentedly powerful defense of capitalism and economic freedom in the space of a comparatively few pages. It is offered as an introduction to the author's major work Capitalism: A Treatise on Economics, which is a state of the art defense of capitalism and economic freedom in virtually all of their aspects.

    Organized as a peculiar state agency, hampered by a lack of ressources and pressed by various interests, the enormous task of restructuring state-owned companies with more than 4 million employees often resembled a cross between 'wild west' and white-collar crime novels.

    Focusing on the principal determinants, features, and consequences of Roman economic development and integrating additional web-based materials, it is designed as an up-to-date survey that is accessible to all audiences. Five main sections discuss theoretical approaches drawn from Economics, labor regimes, the production of power and goods, various means of distribution from markets to predation, and the success and ultimate failure of the Roman economy. The book not only covers traditionally prominent features such as slavery, food production, and monetization but also highlights the importance of previously neglected aspects such as the role of human capital, energy generation, rent-taking, logistics, and human wellbeing, and convenes a group of five experts to debate the nature of Roman trade.

    Hetzel's The Monetary Policy of the Federal Reserve (Cambridge University Press, 2008), the intellectual consensus that had characterized macroeconomics has disappeared. That consensus emphasized efficient markets, rational expectations, and the efficacy of the price system in assuring macroeconomic stability. The 2008-2009 recession not only destroyed the professional consensus about the kinds of models required to understand cyclical fluctuations but also revived the credit-cycle or asset-bubble explanations of recession that dominated thinking in the 19th and first half of the 20th century. These "market-disorder" views emphasize excessive risk taking in financial markets and the need for government regulation. The present book argues for the alternative "monetary-disorder" view of recessions. A review of cyclical instability over the last two centuries places the 2008-2009 recession in the monetary-disorder tradition, which focuses on the monetary instability created by central banks rather than on a boom-bust cycle in financial markets.

    The authors identify five key factors that impact any international marketing venture-culture, language, political/legal systems, economic systems, and technological/operational differences-and discuss them in relation to the core marketing concepts of markets, products, pricing, distribution (place), and promotion. Uniquely, the book provides discussions of sustainability and "bottom of the pyramid" concepts within each chapter, and is richly illustrated with examples from both multinational companies as well as smaller local concerns. Setting the path for the future direction of this course, the authors provide instructors and students with the first truly international marketing textbook.

    Requiring only a basic understanding of economics, this lucid and well-written text will be essential reading for undergraduate and postgraduate students wanting to understand the problems of the real world - such as entrepreneurship, innovation, the cost of the welfare state, international financial crises, and economic development. As institutional economics is now revolutionizing policymaking, the book can also serve as a guide to the pressing problems facing policymakers in mature and emergent countries alike. Key features include: - A short 'Primer' at the beginning of each chapter to highlight the main issues and their relevance. - Key Concepts such as 'institutions', 'economic order', 'coordination costs', 'competition' and 'public policy' are highlighted and clearly defined. - International coverage is ensured as the three authors, experienced academic teachers, work in the US, Europe and the Asia Pacific.

    Indeed, she argues that a strong tradition of government intervention undermined the development of a European-style welfare state. The demand-side theory of comparative political economy she develops here explains how and why this happened. Her argument begins in the late nineteenth century, when America's explosive economic growth overwhelmed world markets, causing price declines everywhere. While European countries adopted protectionist policies in response, in the United States lower prices spurred an agrarian movement that rearranged the political landscape. The federal government instituted progressive taxation and a series of strict financial regulations that ironically resulted in more freely available credit. As European countries developed growth models focused on investment and exports, the United States developed a growth model based on consumption.These large-scale interventions led to economic growth that met citizen needs through private credit rather than through social welfare policies. Among the outcomes have been higher poverty, a backlash against taxation and regulation, and a housing bubble fueled by "mortgage Keynesianism." This book will launch a thousand debates.

    Steven Tadelis begins with a concise description of rational decision making, and goes on to discuss strategic and extensive form games with complete information, Bayesian games, and extensive form games with imperfect information. He covers a host of topics, including multistage and repeated games, bargaining theory, auctions, rent-seeking games, mechanism design, signaling games, reputation building, and information transmission games. Unlike other books on game theory, this one begins with the idea of rationality and explores its implications for multiperson decision problems through concepts like dominated strategies and rationalizability. Only then does it present the subject of Nash equilibrium and its derivatives.Game Theory is the ideal textbook for advanced undergraduate and beginning graduate students. Throughout, concepts and methods are explained using real-world examples backed by precise analytic material. The book features many important applications to economics and political science, as well as numerous exercises that focus on how to formalize informal situations and then analyze them.Introduces the core ideas and applications of game theoryCovers static and dynamic games, with complete and incomplete informationFeatures a variety of examples, applications, and exercisesTopics include repeated games, bargaining, auctions, signaling, reputation, and information transmissionIdeal for advanced undergraduate and beginning graduate studentsComplete solutions available to teachers and selected solutions available to students

    Compact and less expensive than other textbooks for undergraduate development economics courses, Essentials of Development Economics offers a broad overview of key topics and methods in the field. Its fourteen easy-to-read chapters introduce cutting-edge research and present best practices and state-of-the-art methods. By mastering the material in this time-tested book, students will have the conceptual grounding needed to move on to higher-level development economics courses.   This new edition includes:updated references to international development policy process and goalssubstantial updates to several chapters with new and revised material to make the text more currentreplacement of several special features with new ones featuring more widely-cited studies

    This series of arguments originally appeared as an Appendix to his commentary on Exodus, and was recommended by George Gillespie (Scottish delegate to the Westminster Assembly) as helping to resolve scruples regarding the Judicial Laws of Moses.

    Some countries even achieved it. In Back to Full Employment, economist Robert Pollin argues that the United States--today faced with its highest level of unemployment since the Great Depression--should put full employment back on the agenda.There are good reasons to seek full employment, Pollin writes. Full employment will help individuals, families, and the economy as a whole, while promoting equality and social stability. Equally important, creating a full-employment economy can be joined effectively with two other fundamental policy aims: ending our dependence on fossil fuels and creating an economy powered by clean energy.Explaining views on full employment in macroeconomic theory from Marx to Keynes to Friedman, Pollin argues that the policy was abandoned in the United States in the 1970s for the wrong reasons, and he shows how it can be achieved today despite the serious challenges of inflation and globalization.Pollin believes the biggest obstacle to creating a full-employment economy is politics. Putting an end to the prevailing neoliberal opposition to full employment will require nothing less than an epoch-defining reallocation of political power away from the interests of big business and Wall Street and toward the middle class, working people, and the poor, while mounting a strong defense of the environment. In the end, achieving full employment will be a matter of political will: Can the United States make having a decent job a fundamental right?

    The goal of the unions is to raise money wage rates, but the only way to do that is either to reduce the supply of labor, which represents unemployment, or increase the overall total spending to employ labor. This requires increasing the quantity of money in the economic system, which serves to raise prices as much as wages, and thus does not serve to raise the average wage earner's standard of living.The second chapter is a critical commentary on the actions of the California Federation of Teachers in attempting to promote class warfare by means of inciting the members of the so-called 99 percent against the 1 percent. The propaganda employed by the CFT against the 1 percent is shown to be reminiscent of the propaganda employed up to the Krystallnacht, in November of 1938, by the Nazis against the Jews.

    This edition represents a complete revision and a significant expansion of the previous (2004) edition. The authors have completely rewritten and reorganized the 21 chapters of the previous edition and included a new chapter (Chapter 12, The Europen Model). Available with InfoTrac® Student Collections http://gocengage.com/infotrac.Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.

    Workers' rights are defined by struggle.Gregg Shotwell’s Live Bait & Ammo newsletter chronicled the outrages and absurdities of corporate managers, exposed union leaders who acted in “partnership” with employers, and sounded the alarm about the devastating effects of auto industry job losses and union concessions. LB&A fliers grew legs of their own, distributed by rank-and-file workers in auto plants across the United States and cited by industry analysts. This collection spans a decade of autoworker resistance—and it’s a call to action for a new generation of workers coming of age in recession-wracked America.

    Based on the author's experiences both as teacher and activist, the framework is general enough to be relevant for advocacy in a variety of sectors such as poverty alleviation, human rights and the environment, in different national and cultural contexts, and at levels ranging from influencing a town council to transnational institutions such as the World Bank. The book grounds the concepts via a series of case studies, which themselves illustrate a range of different advocacy campaigns in both the Global South and the United States. Designed to be both a textbook and a guide for practical action, "Confronting Power" should become an essential component of every teacher and social advocate s tool kit.