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Debunking the myth of a laggard State at odds with Safe drinking water counts for nothing. A pollution-free environment counts for nothing. Even some people - namely women - count for nothing. Hicks has essayed two tasks of major importance; to reduce modern economic analysis to a manageable whole; and to construct a system of Economic Dynamics This is one of the few book which mark a stage in the advance of a science.

Super Imperialism Investigates the genesis of the US's political and financial domination of today's economic system. The revised edition of this highly acclaimed work presents crucial lessons from Japan's recession that could aid the US and other economies as they struggle to recover from the current financial crisis. This book is about Japan's year long recession and how it affected current theoretical thinking about its This book challenges the mainstream paradigm with the introduction of a new methodology.

Economies are represented realistically in a fully articulated system of national income and flow of funds accounts. The authors study how flows of income, expenditure and production are intertwined with stocks of assets and liabilities, The years since World War II have seen rapid shifts in the relative positions of different countries and regions. Leading political economist Mancur Olson offers a new and compelling theory to explain these shifts in fortune and then tests his theory against evidence from many periods of history There is within the corporate world an evolving international restructuring race,between industrial complexes,that is set to intensify over the coming years.

An industrial complex consists of suppliers,distributors,governments,financiers and trade unions. It is the reorganisation of the relationship between the core firm and the above components that is set to change From a prizewinning economic historian, an eye-opening reinterpretation of the economic crisis and its ten-year aftermath as a global event that directly led to the shockwaves being felt around the world today. In September President George Bush could still describe the financial crisis as an incident local Much has been written on the Indian economy but this is the first major attempt to present India's economic history as a continuous process, and to place the development of agriculture, industry and currency in a political and historical context.

At the turn of the twentieth century American politics underwent a profound change, as both regulatory minimalism and statist command were rejected in favor of positive government engaged in both regulatory and distributive roles. Through a fresh examination of the judicial, legislative, and political aspects of the antitrust Financialization is one of the most innovative concepts to emerge in the field of political economy during the last three decades, although there is no agreement on what exactly it is.

Profiting Without Producing puts forth a distinctive view defining financialization in terms of the fundamental conduct of By Lionel Robbins ; William J. Lionel Robbins's now famous lectures on the history of economic thought comprise one of the greatest accounts since World War II of the evolution of economic ideas. This volume represents the first time those lectures have been published.

Lord Robbins The promise of economic growth which has dominated society for so long has reached an impasse. In his classic analysis, Fred Hirsch argued that the causes of this were essentially social rather than physical. Affluence brings its own problems. As societies become richer, an increasing proportion Particularly timely in light of the recent Mexican peso crisis, Mobile Capital and Latin American Development examines the causes, consequences, and implications of the Latin American capital flight of the s.

Bill Moyers Journal: 'But Who Shall Guard The Guardians?'

It addresses the increasingly mobile and privatized nature of international capital and its power to shape economic By Gary Gereffi ; Donald L. Few observers of Mexico and Brazil in the s, or South Korea and Taiwan in the mids, would have predicted that these nations would become economic "miracles" several decades later. These newly industrializing countries NICs challenge much of our conventional wisdom about economic development China was the largest and one of most advanced economies in the world before the eighteenth century, yet declined precipitately thereafter and degenerated into one of the world's poorest economies by the late nineteenth century.

Despite generations' efforts for national rejuvenation, China did not reverse its fate until Is more economic growth the solution? Will it deliver prosperity and well-being for a global population projected to reach nine billion? No one denies By Douglass C. North ; Robert Paul Thomas. First published in , this is a radical interpretation, offering a unified explanation for the growth of Western Europe between A. This update to "The History of the Soviet Economy" covers the period from the Bolshevik seizure of power to the aftermath of the failed coup, which speeded up the disintegration of the Soviet Union.

The final chapter encompasses Gorbachev's attempt to reform the old system and the failure Now available in paperback, this timely book challenges the cult of the free market that has dominated all political and economic discussion since the Reagan revolution.

BookTV: James K. Galbraith, "The Predator State"

Even many liberals have felt the need to genuflect before the altar of free markets, but in The Predator State, progressive Would it be possible to provide people with a basic income as a right? The idea has a long history. This book draws on two pilot schemes conducted in the Indian State of Madhya Pradesh, in which thousands of men, women and children were provided with an unconditional Mr Dobb examines the history of economic thought in the light of the modern controversy over capital theory and, more particularly, the appearance of Sraffa's book The Production of Commodities by Means of Commodities, which was a watershed in the critical discussions constituted a crucial turning-point in the Michael Hogan shows how The Marshall Plan was more than an effort to put American aid behind the economic reconstruction of Europe.

American officials hoped to refashion Western Europe into a smaller version of the integrated single-market and mixed capitalist economy that existed in the United States. Stone Age Economics is a classic study of anthropological economics, first published in As Marshall Sahlinsstated in the first edition, "It has been inspired by the possibility of 'anthropological economics,' a perspective indebted rather to the nature of the primitive economies than to the categories of a By Paul A.

This landmark text by Paul Baran and Paul Sweezy is a classic of twentieth-century radical thought, a hugely influential book that continues to shape our understanding of modern capitalism. Do events of the s carry a message for the s? Lessons from the Great Depression provides an integrated view of the depression, covering the experience in Britain, France, Germany, and the United States.

It describes the causes of the depression, why it was so widespread and In this refreshingly revisionist history, Erik S. Yet when our leaders lecture poor countries on the right path to riches they do so in almost perfect ignorance of There is now clear scientific evidence that emissions from economic activity, particularly the burning of fossil fuels for energy, are causing changes to the Earth's climate. A sound understanding of the economics of climate change is needed in order to underpin an effective global response to this challenge. When this classic work was first published in , its central tenet--more is not necessarily better--placed it in direct conflict with mainstream thought in economics.

Within a few years, however, this apparently paradoxical claim was gaining wide acceptance. Scitovsky's ground-breaking book was the first to apply theories By Peter A.


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What are the most important differences among national economies? Is globalization forcing nations to converge on an Anglo-American model? What explains national differences in social and economic policy?

The Subprime Virus Reckless Credit, Regulatory Failure, and Next Steps Synopsis

This pathbreaking work outlines a new approach to these questions. It highlights the role of business in national economies and This is an intellectual biography of Nicholas Kaldor, one of this century's most innovative and influential economists. It constitutes a valuable contribution to the history of economic thought and to the post-Keynesian school of economics. How work can be organized efficiently and productively without hierarchy; how consumption could be fulfilling and also equitable; and how participatory is planning could promote solidarity and foster self-management.

But Phillips-Fein reminds us this outcome was not inevitable at the time. And it need not be today. Vividly described, well-written…this account of the crisis adds depth and authority to the many accounts already available.


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  • She details all the last-minute machinations and backroom deals that solved the fiscal crisis…The interesting thing about the timing of this book is New York is in danger of losing federal funding for various reasons. Could it lead to another fiscal crisis and will it have ripple effect across the country?

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    Kim Phillips-Fein shows how New York became the testing ground for market-based responses to urban problems. This is a history with huge implications for the remaking of American politics and economics in our time. In zeroing in on this little-understood chapter of urban history, Fear City helps sheds much-needed light on a range of contemporary crises, from the starvation of public services amidst enormous private wealth to the rise of Donald Trump. It also criticises liberals for unquestioningly taking on free-market principles such as balanced budgets and government non-intervention.

    Galbraith describes the goal of the book as "to free up the liberal mind". As Galbraith explains it, the labels of "conservative" or "liberal" are unhelpful, as is the supposed tension between the politics of small government and big government. He sees the contest as between the super-rich predators and the rest of society. The predators demand privatization when the economy is doing well, so they can acquire assets, but in hard times, predators cast themselves as too big to fail and use their political power to get protection from the state, even getting government into debt to support their institutions.

    Reviewing the book for the Journal of Economic Issues , L.

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    Randall Wray describes it as "political economy at its best [ Wray praises both the prose style and the arguments themselves which "appear unassailable". In the New York Times , Roger Lowenstein praises the book's prose but disputes many of its arguments. He writes, "the gusto with which [Galbraith] repeatedly challenges tired conventions is refreshing" but "his prose is absolutist in proportion to the extent to which his assertions are unprovable," concluding "It is not brilliant economics, but give him his due: He has raised trenchant questions about a system in crisis.

    In the Shanghai Daily , Wan Lixin writes that most books on economics and management lack true insight, but makes an exception for The Predator State , which "does not provide answers, nor real solutions, [but] has the potential to help you think on your own. A review in Publishers Weekly describes the book as "highly readable" and rich in stimulating ideas, but "sometimes scattershot", with conclusions sometimes unclear or contradictory.

    The book was printed in several editions through and , by the Simon and Schuster imprint Free Press.