specialization and trade a re introduction to economics

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Specialization And Trade

Author : Arnold Kling
ISBN : 9781944424169
Genre : Business & Economics
File Size : 55. 87 MB
Format : PDF
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Since the end of the second World War, economics professors and classroom textbooks have been telling us that the economy is one big machine that can be effectively regulated by economic experts and tuned by government agencies like the Federal Reserve Board. It turns out they were wrong. Their equations do not hold up. Their policies have not produced the promised results. Their interpretations of economic events -- as reported by the media -- are often of-the-mark, and unconvincing. A key alternative to the one big machine mindset is to recognize how the economy is instead an evolutionary system, with constantly-changing patterns of specialization and trade. This book introduces you to this powerful approach for understanding economic performance. By putting specialization at the center of economic analysis, Arnold Kling provides you with new ways to think about issues like sustainability, financial instability, job creation, and inflation. In short, he removes stiff, narrow perspectives and instead provides a full, multi-dimensional perspective on a continually evolving system.

Invisible Wealth

Author : Arnold Kling
ISBN : 9781594035272
Genre : Business & Economics
File Size : 68. 99 MB
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Originally published in hardback in 2009 as: From poverty to prosperity: intangible assets, hidden liabilities and the lasting triumph over scarcity.

Power And Plenty

Author : Ronald Findlay
ISBN : 9781400831883
Genre : Business & Economics
File Size : 36. 39 MB
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International trade has shaped the modern world, yet until now no single book has been available for both economists and general readers that traces the history of the international economy from its earliest beginnings to the present day. Power and Plenty fills this gap, providing the first full account of world trade and development over the course of the last millennium. Ronald Findlay and Kevin O'Rourke examine the successive waves of globalization and "deglobalization" that have occurred during the past thousand years, looking closely at the technological and political causes behind these long-term trends. They show how the expansion and contraction of the world economy has been directly tied to the two-way interplay of trade and geopolitics, and how war and peace have been critical determinants of international trade over the very long run. The story they tell is sweeping in scope, one that links the emergence of the Western economies with economic and political developments throughout Eurasia centuries ago. Drawing extensively upon empirical evidence and informing their systematic analysis with insights from contemporary economic theory, Findlay and O'Rourke demonstrate the close interrelationships of trade and warfare, the mutual interdependence of the world's different regions, and the crucial role these factors have played in explaining modern economic growth. Power and Plenty is a must-read for anyone seeking to understand the origins of today's international economy, the forces that continue to shape it, and the economic and political challenges confronting policymakers in the twenty-first century.

The Instant Economist

Author : Timothy Taylor
ISBN : 9781101559772
Genre : Business & Economics
File Size : 59. 99 MB
Format : PDF, ePub
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The Only Economics Book You Will Ever Need - A Library Journal 2012 Best Business Book of the Year Economics isn't just about numbers: It's about politics, psychology, history, and so much more. We are all economists-when we work, save for the future, invest, pay taxes, and buy our groceries. Yet many of us feel lost when the subject arises. Award-winning professor Timothy Taylor tackles all the key questions and hot topics of both microeconomics and macroeconomics, including: Why do budget deficits matter? What exactly does the Federal Reserve do? Does globalization take jobs away from American workers? Why is health insurance so costly? The Instant Economist offers the knowledge and sophistication to understand the issues- so you can understand and discuss economics on a personal, national, and global level.

The Rotten Heart Of Europe

Author : Bernard Connolly
ISBN : 9780571301751
Genre : Business & Economics
File Size : 53. 24 MB
Format : PDF
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'The Brussels Commission has just suspended its senior economist, Bernard Connolly, for writing a book savaging the prospects for a common currency. There are many who now believe he should be lauded as a prophet.' Observer, Editorial, 1 October 1995 'Mr. Connolly's longstanding proposition that the foisting of a common currency upon so many disparate nations would end in ruin is getting a much wider hearing...' New York Times, 17 November 2011 When first published in 1995, The Rotten Heart of Europe caused outrage and delight - here was a Brussels insider, a senior EU economist, daring to talk openly about the likely pitfalls of European monetary union. Bernard Connolly lost his job at the Commission, but his book was greeted as a profound and persuasive expose of the would-be 'monetary masters of the world.' His brave act of defiance became headline news - and his book a major international bestseller. In a substantial new introduction, Connolly returns to his prophetic account of the double-talk surrounding the efforts of politicians, bankers and bureaucrats to force Europe into a crippling monetary straitjacket. Hidden agendas are laid bare, skulduggery exposed and economic fallacies are skewered, producing a horrifying conclusion. No one who wants to understand the workings of the EU, past, present and future can afford to miss this enthralling and deeply disturbing book.

Concrete Economics

Author : Stephen S. Cohen
ISBN : 9781422189818
Genre : Business & Economics
File Size : 68. 74 MB
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Brilliantly written and argued, Concrete Economics shows exactly how the US government has shaped and directed the economy since the very inception of the country. This book does not rehash the sturdy and well-known arguments that to thrive, an entrepreneurial economy needs a social and policy environment characterized by a broad range of freedoms. Nor does it buy into the myth of the absolutely free market. Instead, Cohen and DeLong focus on the forgotten role played by the US government in initiating and enabling a redesign of the US economy. The government not only sets the ground rules for entrepreneurial activity but directs the surges of energy that mark a vibrant economy. It is as true for present-day Silicon Valley as it was for New England manufacturing at the dawn of the nineteenth century. This is not an argument based on abstract truths, complex correlations, or arcane discoveries, but rather on the facts of how the US economy succeeded so brilliantly. And that provides a blueprint for how the government, established companies, and new ventures can partner to yet again successfully reshape the economy.

Is Behavioral Economics Doomed

Author : David K. Levine
ISBN : 1906924961
Genre : BUSINESS & ECONOMICS
File Size : 33. 51 MB
Format : PDF, Kindle
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