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June 5, 1723 -
Economist Adam Smith born in
Kirkcaldy, Scotland.
June 5,
1883 - Economist John Maynard Keynes born in
Cambridge, England.
December 24, 1912
- Irving Fisher, Yale economics professor, of New Haven, CT,
received a patent for an
"Index or File", archiving system with index cards; July 1, 1925 -
Fisher's firm, Index Visible Company, merged with principal competitor, formed Kardex Rand Co., later Remington
Rand, later Sperry Rand. Fisher earned about $1 million for invention,
grew to $9 million, lost in stock market crash of 1929.
December 1919
- English economist John Maynard Keynes (35), chief
representative of British Treasury (advised British Prime
Minister David Lloyd George) at signing of Versailles
Treaty (June 28, 1919), officially ending World War I, published
The Economic Consequences of the Peace; made grim prophecy: "If we aim at the impoverishment of Central Europe,
vengeance, I dare say, will not limp. Nothing can then delay for
very long the forces of Reaction and the despairing convulsions
of Revolution, before which the horrors of the later German war
will fade into nothing, and which will destroy, whoever is
victor, the civilization and the progress of our generation."
Keynes left Conference in protest of treaty, one of
most outspoken critics of punitive agreement; predicted
that stiff war reparations, other harsh terms imposed on
Germany by treaty would lead to financial collapse of
country, would have serious economic, political repercussions on Europe, world. Treaty terms:1)
Germany was to relinquish 10 percent of its territory, 2) was to
be disarmed, 3) its overseas empire taken over by the Allies, 4)
confiscation of its foreign financial holdings and its merchant
carrier fleet. German economy, already devastated by war,
further crippled, stiff war reparations
demanded ensured that it would not soon return to its
feet. Final reparations figure not agreed upon in treaty, but
estimates placed amount in excess of $30
billion, far beyond Germany's capacity to pay (to invasion if it
fell behind on payments). Keynes, horrified by terms of emerging treaty, presented plan to Allied leaders: German
government be given substantial loan, thus allowing it to buy
food and materials while beginning reparations payments
immediately (President Wilson turned it down because he feared
it would not receive congressional approval - Keynes called the
idealistic American president "the greatest fraud on earth").
June 5, 1919 - Keynes wrote a note to Lloyd George
informing the prime minister that he was resigning his post in
protest of the impending "devastation of Europe." Germany soon
fell hopelessly behind in its reparations payments. 1923
- France and Belgium occupied the industrial Ruhr region as a
means of forcing payment. In protest, workers and employers
closed down the factories in the region. Catastrophic inflation
ensued, and Germany's fragile economy began quickly to collapse.
November 1923 - Germany economy crashed; Nazi
Party led by Adolf Hitler launched an abortive coup against
Germany's government. The Nazis were crushed and Hitler was
imprisoned, but many resentful Germans sympathized with the
Nazis and their hatred of the Treaty of Versailles. A decade
later, Hitler exploited this continuing bitterness among Germans
to seize control of the German state. 1930s -
Treaty of Versailles was significantly revised and altered in
Germany's favor, but this belated amendment could not stop the
rise of German militarism and the subsequent outbreak of World
War II; Keynes advocated large-scale government economic
planning to keep unemployment low and markets healthy.
1934
- Allen Crow established Economic Club of Detroit, in midst of
Great Depression, as non-partisan, non-profit organization
committed to discussion, debate of important business,
government, social issues; brought together group of Detroit’s
business, industrial leaders for regular forum meetings;
2002 - renamed
Detroit Economic Club (under new leadership by Beth Chappell);
hosted every sitting U.S. President since Richard Nixon; 3,200
members.
1960s
- Hyman Minsky, leading authority on monetary theory and
financial institutions at Washington University (St. Louis, MO)
developed hypothesis of recurring instability (financial
fragility, instability) of financial system in capitalist
economy - accumulation of debt must eventually curtail firms'
investment, lead to financial retrenchment, recession; May
1992 - "financial instability hypothesis" (working paper
- Jerome Levy Econ-mics Institute at Bard College): investors
assume risk in perceived good times; speculate - assume more
risk longer the good time; excessive debt burden - cash
generating ability of assets insufficient to servcie debt;
suffer losses on speculative assets, lenders call loans; panic -
asset values collapse; investors forced to sell non-speculative
assets to raise cash to service debt; markets decline, demand
for cash acute = so-called "Minsky moment". Examples - -
Internet bubble (2000), subprime mortgage crisis (2007).
1969
- Sveriges Riksbank (National Bank of Sweden) awarded first
annual Bank of Sweden Prize in
Economics Sciences in Memory of Alfred Nobel (had made donation
to Nobel Foundation in 1968 in recognition of 300th anniversary
of founding of Central Bank of Sweden in 1668); 2010 - had
warded Prize to
64 economic theorists (Keynesians,
monetarists, financial economists, behaviorists, historians,
statisticians, mathematicians, game theorists, other
innovators).
January 1971
- Group of European business leaders met in Davos, Switzerland
under patronage of European Commission and European industrial
associations; chaired by German-born Klaus Schwab, then
Professor of business policy (University of Geneva); he founded
European Management Forum as non-profit organization based in
Geneva, Switzerland, drew European business leaders to Davos
each January for annual meeting (focused on how European firms
could catch up with US management practices); developed,
promoted "stakeholder" management approach (based corporate
success on managers taking account of all interests
(shareholders, clients, customers, employees, communities within
which they operate, including government). Professor Schwab's
vision for what would become World Economic Forum grew steadily
as result of achieving "milestones";
1973 - annual meeting expand focus from
management to economic, social issues with collapse of Bretton
Woods fixed exchange rate mechanism, Arab-Israeli War;
January 1974 -
political leaders invited for first time;
1976 - introduced system of membership
("the 1,000 leading companies of the world"); European
Management Forum was first non-governmental institution to
initiate partnership with China's economic development
commissions, spurred economic reform policies in China; regional
meetings around globe added; 1979
- organization expanded with publication of Global
Competitiveness Report; became knowledge hub;
1987 -name changed
to World Economic Forum to broaden its vision to include
providing platform for resolving international conflicts;
1988 - Greece and
Turkey signed "Davos Declaration" to turn back from brink of
war; 1989 - North
and South Korea held first ministerial-level meetings in Davos;
East German Prime Minister Hans Modrow, German Chancellor Helmut
Kohl met to discuss German reunification;
1992 - South African President F. W. de
Klerk met Nelson Mandela, Chief Mangosuthu Buthelezi at Annual
Meeting, first joint appearance outside South Africa, milestone
in country's political transition.
Klaus Schwab
- founder World Economic Forum at Davos, Switzerland
(http://www.weforum.org/pdf/AnnualReport/2007/images/proffklaus_schwab.jpg)
1974
- Richard A. Easterlin, University Professor and Professor of
Economics (University of Southern California) published "Does
Economic Growth Improve the Human Lot?" in Paul A. David and
Melvin W. Reder, eds., Nations and Households in Economic
Growth: Essays in Honor of Moses Abramovitz (New York: Academic
Press, Inc.); suggested that despite stellar economic growth in
United States since World War II, "higher income was not
systematically accompanied by greater happiness"; later found
that people were no happier in Japan in 1987 than in 1958,
despite a fivefold jump in incomes; called the "Easterlin
Paradox" - fact that average self-reported happiness has not
risen with average income. April 2008 - Betsey
Stevenson and Justin Wolfer, University of Pennsylvania
economists, rebutted the Easterlin Paradox; argue that
money indeed tends to bring happiness, even if it doesn’t
guarantee it; absolute income seems to matter more than relative
income; people in richer countries are more satisfied (is wealth
is causing their satisfaction.? Could results reflect cultural
differences in how people respond to poll questions?); has
satisfaction risen in individual countries
as they grew richer? (yes, in some; no in United
States, China); economic growth, by itself, not enough to
guarantee people’s well-being but its consequences can
contribute to satisfaction.
(source: Betsey
Stevenson and Justin Wolfer, Wharton School at University of
Pennsylvania;
http://graphics8.nytimes.com/images/2008/04/16/business/ 20080416_LEONHARDT_GRAPHIC.jpg)
1979
- Klaus Scwab founds meeting to discuss European management
issues; 2005 - World Economic Forum in Davos,
Switzerland attracts 2,300 participants from 89 countries:
independent international organization committed to improving
the state of the world by engaging leaders in partnerships to
shape global, regional and industry agendas.
October 10, 1995
- University of Chicago professor Robert E. Lucas, Jr., won the
Nobel Prize for Economic Science for his exploration of the
relationship between human tendencies and macroeconomics
(challenged the once sacrosanct assumptions of Keynesian
economics); became the sixth University of Chicago professor in
six years to be honored with the award; studied how people react
to shifts in economic policy; result was the "rational
expectations" hypothesis: that people brace themselves for
policy changes, which ultimately nullifies the government's
efforts to boost the economy.
2007
-
The
American Economic
Association
awarded the John Bates Clark Medal, given every 2 years to
nation's most promising economist under 40, to Susan Athey (36),
professor at Harvard University; first woman ever to receive
medal in 60 years of its being awarded. Of 29 previous winners:
11 have subsequently won the Nobel Prize in Economics.
2007
- USA Today's
25
Trends That Changed America
(25 most important trends of
the past quarter-century): 1) Diversity, 2) Fight for Equality,
3) Living Longer, 4) Globalization, 5) Global Warming, 6) Gay
Rights, 7) homeland Security, 8) Demise of Smoking, 9) Obesity,
10) Technology Customization and Personalization, 11) Suburban
Expansion, 12) Supersizing, 13) Sustainable (Green) Movement,
14) Politically Divided Nation, 15) Luxury Consumption, 16)
Extended Families, 17) Diet and Exercise Boom, 18) Population
Shifts, 19) Anxiety and Depression, 20) Electronic Cash, 21)
Living Alone, 22) College Stress, 23) Overt Sexuality, 24)
Casinos and State Lotteries, 25) Cosmetic Makeovers
(source:
http://www.usatoday.com/news/top25-trends.htm)
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History's Witnesses 1927-2002, Seventy Five Years of The
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John Kenneth Galbraith. (New York, NY: St. Martin's
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of the Shorenstein Center (Harvard’s Kennedy School of
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States--Biography.
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Industries--Soviet Union; Industries--Italy;
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Davis: Giannini Foundation of Agricultural Economics, 389 p.).
Professors Emeriti, Agricultural and Resource economics
(University of California, Davis). Giannini, Amadeo Peter,
1870-1949; Giannini Foundation of Agricultural Economics --
History; Agriculture -- Economic aspects -- Research --
California. 1928 - Amadeo Peter Giannini, founder of Bank of
Italy, gave $1.5 million to University of California to
construct Giannini Hall for the College of Agriculture on
Berkeley campus, to establish Giannini Foundation of
Agricultural Economics; majority of gift created endowment for
programs in support of California agriculture and rural areas in
period of difficult economic times; history of agricultural
economics at University of California, early foundation history,
reflections contained in oral histories, biographies of selected
members.
(Hayek), Friedrich A. von Hayek with
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The Road to Serfdom. (Chicago, IL: University of Chicago
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Academic, 1974 Nobel Prize in Economics. Economic Policy,
Totalitarianism.
(Hayek), Alan Ebenstein (2001).
Friedrich Hayek. (New York, NY: St. Martin's Press, 403
p.). Economist. Hayek, Friedrich A. von (Friedrich August),
1899- ; Economists--Great Britain--Biography.
--- (2003).
Hayek's Journey: The Mind of Friedrich Hayek. (New York,
NY: Palgrave Macmillan, 283 p.). Hayek, Friedrich A. von
(Friedrich August), 1899- ; Economists--Austria--Biography;
Economics; Austrian school of economics.
(Hayek), Bruce Caldwell (2004).
Hayek's Challenge: Intellectual Biography of F.A. Hayek.
(Chicago, IL: University of Chicago Press, 416 p.). Editor, "The
Collected Works of F. A. Hayek". Hayek, Friedrich A. von
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Economics.
(Jevons), Harro Maas (2005).
William Stanley Jevons and the Making of Modern Economics.
(New York, NY: Cambridge University Press, 352 p.). Lecturer in
History and Methodology of Economics (University of Amsterdam).
Jevons, William Stanley, 1835-1882; Neoclassical school of
economics--History--19th century; Marginal
utility--History--19th century; Economics--History--19th
century.
(Jevons), Bert Mosselmans (2007).
Jevons’ Economics: William Stanley Jevons and the Cutting Edge
of Economics. (New York, NY: Routledge, 160 p.).
Associate Professor of Economics and Philosophy (Roosevelt
Academy, Middelburg, the Netherlands). Jevons, William Stanley,
1835-1882; Economists--Great Britain--Biography;
Economics--Great Britain--History--19th century.
Situates Jevons within history of
economic thought, in relation to his logic, ethics, religion,
aesthetics.
(Keynes), John Maynard Keynes (1936).
The General Theory of Employment, Interest and Money.
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Economics-Monetary Policy, Interest. Classic.
(Keynes), Robert Lekachman (1966).
The Age of Keynes. (New York, NY: Random House, 324 p.).
Keynes, John Maynard, 1883-1946; Keynesian economics.
(Keynes), Hyman P. Minsky (1975).
John Maynard Keynes. (New York, NY: Columbia University
Press, 181 p.). Keynes, John Maynard, 1883-1946. General theory
of employment, interest, and money; Keynesian economics.
(Keynes), Robert M. Collins (1981).
The Business Response to Keynes, 1929-1964. (New York,
NY: Columbia University Press, 293 p.). Keynesian
economics--History; Industrial policy--United States--History;
United States--Economic policy.
(Keynes), Roy Harrod (1982).
The Life of John Maynard Keynes. (New York, NY: Norton,
674 p. [orig. pub. 1951]). Keynes, John Maynard, 1883-1946;
Economists--Great Britain--Biography; Keynesian economics.
(Keynes), Robert Skidelsky (1983).
John Maynard Keynes: A Biography, Volume One: Hopes Betrayed,
1883-1920. (London, UK: Macmillan, Volume 1). Keynes,
John Maynard, 1883-1946; Economists--Great Britain--Biography.
Hopes betrayed, 1883-1920.
(Keynes), Robert Skidelsky (1986).
John Maynard Keynes: Volume Two: The Economist As Savior,
1920-1937. (New York, NY: Viking, Vol. 2). Keynes, John
Maynard, 1883-1946; Economists--Great Britain--Biography.
(Keynes), Robert Skidelsky (2002).
John Maynard Keynes, Volume Three: Fighting for Freedom,
1937-1946. (New York, NY: Viking, 580 p., Vol. 3).
Professor of Political Economy (University of Warwick). Keynes,
John Maynard, 1883-1946; Economists--Great Britain--Biography.
(Keynes), Charles H. Hession (1984).
John Maynard Keynes: A Personal Biography of the Man Who
Revolutionized Capitalism and the Way We Live. (New
York, NY: Macmillan, 400 p.). Keynes, John Maynard, 1883-1946;
Economists--Great Britain--Biography.
(Keynes), Ed. Polly Hill and Richard Keynes
(1989).
Lydia and Maynard: The Letters of Lydia Lopokova and John
Maynard Keynes. (New York, NY: Scribner, 367 p.).
Keynes, John Maynard, 1883-1946 --Correspondence; Lopokova,
Lydia, 1892-1981 --Correspondence; Economists--Great
Britain--Correspondence.
(Keynes), Alessandro Vercelli (1991).
Methodological Foundations of Macroeconomics : Keynes and Lucas.
(New York, NY: Cambridge University Press, 269 p.). Keynes, John
Maynard, 1883-1946; Lucas, Robert E.; Macroeconomics.
(Keynes), Donald E. Moggridge (1992).
Maynard Keynes: An Economist's Biography. (New York, NY:
Routledge, 941 p.). Keynes, John Maynard, 1883-1946;
Economists--Great Britain--Biography; Educators--Great
Britain--Biography; Bloomsbury group.
(Keynes), Donald E. Moggridge (1993).
Keynes. (Toronto, ON: University of Toronto Press, 191
p. (3rd ed.)). Keynes, John Maynard, 1883-1946; Keynesian
economics; Economists--Great Britain--Biography.
(Keynes), David Felix (1995).
Biography of an Idea: John Maynard Keynes and The General Theory
of Employment, Interest, and Money. (New Brunswick, NJ:
Transaction Publishers, 285 p.). Keynes, John Maynard,
1883-1946; Keynes, John Maynard, 1883-1946. General theory of
employment, interest, and money; Economists--Great
Britain--Biography; Economics--History--20th century; Economic
history--20th century.
(Keynes), Robert Skidelsky (1996).
Keynes. (New York, NY: Oxford University Press, 136 p.).
Keynes, John Maynard, 1883-1946; Economists--Great
Britain--Biography; Keynesian economics.
(Keynes), David Felix (1999).
Keynes: A Critical Life. (Westport, CT: Greenwood Press,
322 p.). Keynes, John Maynard, 1883-1946; Economists--Great
Britain--Biography; Keynesian economics.
(Keynes), Tim Congdon (2007).
Keynes, the Keynesians and Monetarism: Betrayed by Their
Disciples. (Northampton, MA: Edward Elgar, 339 p.).
Founder of Lombard Street Research. Keynes, John Maynard,
1883-1946; Monetary policy -- history; Fiscal policy -- history.
History of monetary policy
in post-war Britain. Keynes’s contributions to monetary policy
overlooked by those fixated on Keynes’s contributions to fiscal
policy.
(Keynes), Gilles Dostaler (2007).
Keynes and His Battles. (Northampton, MA: Elgar, 374
p.). Professor of Economics (Université du Québec á Montréal,
Canada). Keynes, John Maynard, 1883-1946; Economists--Great
Britain--Biography. Battles that Keynes led (politics, philosophy, art, economics)
to radically transform society to create better world, pacified
and freed from neurotic pursuit of financial wealth and economic
rentability, with art at its pinnacle.
(Keynes), Robert Skidelsky (2009).
Keynes: The Return of the Master. (New York, NY:
PublicAffairs, 240 p.). Emeritus Professor of Political Economy
(University of Warwick). Keynes, John Maynard, 1883-1946;
Keynesian economics. Keynes's career, life,
aspects of his thinking that apply most directly to current
world; mixture of pragmatism, realism (distinct from
neo-classical or Chicago school of economics, dominant influence
since Thatcher-Reagan era, made possible raw market capitalism
that created current global financial crisis) more pertinent,
applicable than ever; positive answer to question we now face:
when unbridled capitalism falters, is there an alternative?
(Keynes), John Eatwell and Murray Milgate
(2011).
The Fall and Rise of Keynesian Economics. (New York,
NY: Oxford University Press, 420 p.). President (Queens'
College, Cambridge); Former Fellow and Director of Studies in
Economics (Queens' College). Keynesian economics; Economic
history -- 1918-1945; Economic history -- 1945-.
1950s-1960s - Keynesian thinking dominated
economic policymaking, coincided with postwar economic
reconstruction in Europe and Japan, unprecedented prosperity,
stable growth; 1970s - monetarism, new classical macroeconomics
ushered in era of neoliberal economic policymaking. pushed
Keynesian economics aside; 2007-2009 - Keynesian ways of
thinking used in current economic predicaments (.pragmatic,
workable measures); where, how analytical and methodological
foundations of conventional macroeconomic wisdom went wrong;
interpretive shortcomings that characterized Keynes scholarship;
Keynesian ideas: for crises, constructive economic policy making
at all times.
(Marshall), Peter Groenewegen (1995).
A Soaring Eagle: Alfred Marshall, 1842-1924.
(Brookfield, VT: E. Elgar, 874 p.). Professor of Economics
(University of Sydney, Australia). Marshall, Alfred,
1842-1924; Neoclassical school of economics; Economists--Great
Britain--Biography.
--- (2007).
Alfred Marshall: Economist 1842-1924. (New York, NY:
Palgrave Macmillan, 224 p.). Professor of Economics (University
of Sydney, Australia). Marshall, Alfred, 1842-1924; Neoclassical
school of economics; Economists--Great Britain--Biography.
Overview of Alfred Marshall's life and work in economics.
(Mill), Richard Reeves (2007).
John Stuart Mill: Victorian Firebrand. (New York, NY:
Atlantic, 616 p.). Mill, John Stuart. Richness, contradictoriness of
Mill’s theories, his integrity forced him to modify them in
light of his experience. Wanted freedom from constraints,
"positive liberty" (virtuous conduct, appreciation of arts,
intellectual debate).
(Modigliani), Franco Modigliani (2001).
Adventures of an Economist. (New York, NY: Texere, 287
p). Institute Professor Emeritus at MIT, Nobel Prize for
Economics in 1985. Modigliani, Franco;
Economists--Italy--Biography.
(Modigliani), Michael Szenberg and Lall
Ramrattan (2008).
Franco Modigliani: A Mind That Never Rests. (New York,
NY: Palgrave Macmillan, 289 p.). Chair and Distinguished
Professor of Economics in the Lubin School of Business (Pace
University); Instructor with the University of California,
Berkeley Extension. Modigliani, Franco; Economists--Italy;
Keynesian economics.
Overview of Modigliani's life, his place in Twentieth century
economics, his influential theories (contribution to Keynesian
consumption hypothesis, corporate invariance hypothesis,
stabilization policies, econometric model building, legacy and
influence in contemporary economics).
(Ohlin), Edited by Ronald Findlay, Lars Jonung,
and Mats Lundahl (2002).
Bertil Ohlin: A Centennial Celebration, 1899-1999.
(Cambridge, MA: MIT Press, 546 p.). Ohlin, Bertil Gotthard,
1899- ; Economists--Sweden--Biography; Heckscher-Ohlin
principle.
(Penrose), Edith Penrose ; with a new foreword
by the author (1995).
The Theory of the Growth of the Firm. (New York, NY:
Oxford University Press, 272 p. [3rd ed.]). Professor at the
School of Oriental and African Studies (University of London),
Chair of economics department, Professor and a Dean at the
Institut Europeen d'Administration des Affaires (Fontainebleau,
France). Industries --Size. "Resource based view of the firm"
- ways companies grow, reasons why they do; managerial
activities, decisions, organizational routines, knowledge
creation within company - critical to ability of firm to grow.
(Penrose), Ed. by Christos Pitelis (2002).
The Growth of the Firm: The Legacy of Edith Penrose.
(New York, NY: Oxford University Press, 330 p.). Director of the
Centre for International Business and Management at the Judge
Institute of Management Studies (Cambridge University). Penrose,
Edith Tilton; Corporations --Growth; Industrial organization
(Economic theory); International business enterprises;
Technological innovations --Economic aspects; Capitalism; Human
capital; Economic development. Fifteen chapters by leading
contributors on her theory of firm - reinvented,
productively developed classical tradition in economics,
informed currently dominant, knowledge-based theory of firm.
(Ricardo), Oswald St. Clair (1965).
A Key to Ricardo. (New York, NY: A. M. Kelley, 364 p.
[orig. pub. 1957]). Ricardo, David, 1772-1823; Ricardo, David,
1772-1823. The principles of political economy and taxation.
(Ricardo), Samuel Hollander (1979).
The Economics of David Ricardo. (Toronto, ON: University
of Toronto Press, 759 p.). University Professor Emeritus
(University of Toronto). Ricardo, David, 1772-1823.;
Economics--Great Britain--History.
(Ricardo), Samuel Hollander (1995).
Ricardo, The New View. (New York, NY: Routledge, 369
p.). Ricardo, David, 1772-1823; Economists--Great Britain.
(Say), Selected and Translated by R. R. Palmer
(1997). An Economist in Troubled Times: Writings.
(Princeton, NJ: Princeton University Press, 167 p.). Say, Jean
Baptiste, 1767-1832; Economics;
Economics--France--History--Sources;
Economists--France--Correspondence.
(Say), Evelyn L. Forget (1999).
The Social Economics of Jean-Baptiste Say: Markets and Virtue.
(New York, NY: Routledge, 311 p.). University of Manitoba. Say,
Jean Baptiste, 1767-1832.; Markets; Virtue.
(Say), Samuel Hollander (2005).
Jean-Baptiste Say and the Classical Canon in Economics: The
British Connection in French Classicism. (New York, NY:
Routledge, 322 p.). University Professor Emeritus (University of
Toronto), Professor of Economics at the Department of Economics
(Ben-Gurion University). Say, Jean Baptiste, 1767-1832; Ricardo,
David, 1772-1823 --Influence; Classical school of economics;
Economics--France--History--19th century; Economics--Great
Britain--History--19th century. Clash between economics of
Jean-Baptiste Say and of David Ricardo.
(Schumpeter), Joseph A. Schumpeter (1942).
Capitalism, Socialism, and Democracy. (New York, NY:
Harper & Brothers, 381 p.). Socialism; Capitalism; Democracy.
(Schumpeter), Compiled by Michael I. Stevenson
(1985).
Joseph Alois Schumpeter: A Bibliography, 1905-1984.
(Westport, CT: Greenwood Press, 137 p.). Joseph Schumpeter,
Economics. 653-item Schumpeter bibliography.
(Schumpeter), Robert Loring Allen; foreword by
Walt W. Rostow (1991).
Opening Doors: The Life and Work of Joseph Schumpeter: Volume I:
Europe. (New Brunswick, NJ: Transaction Publishers, 2
vols.). Schumpeter, Joseph Alois, 1883-1950; Economists--United
States--Biography.
(Schumpeter), Robert Loring Allen; foreword by
Walt W. Rostow (1991).
Opening Doors: The Life and Work of Joseph Schumpeter: Volume 2:
America. (New Brunswick, NJ: Transaction Publishers, 2
vols.). Schumpeter, Joseph Alois, 1883-1950; Economists--United
States--Biography.
(Schumpeter), Eduard März (1991).
Joseph Schumpeter: Scholar, Teacher, and Politician.
(New Haven, CT: Yale University Press, 204 p.). Schumpeter,
Joseph Alois, 1883-195; Economists--United States--Biography;
Economists--Austria--Biography.
(Schumpeter), Richard Swedberg (1991).
Schumpeter: A Biography. (Princeton, NJ: Princeton
University Press, 293 p.). Schumpeter, Joseph Alois, 1883-1950;
Economists--United States--Biography.
(Schumpeter), Joseph A. Schumpeter; edited by
Richard Swedberg (1991).
The Economics and Sociology of Capitalism. (Princeton,
NJ: Princeton University Press, 492 p.). Schumpeter, Joseph
Alois, 1883-1950; Capitalism.
(Schumpeter), Wolfgang F. Stolper (1994).
Joseph Alois Schumpeter: The Public Life of a Private Man.
(Princeton, NJ: Princeton University Press, 400 p.). Schumpeter,
Joseph Alois, 1883-1950; Economists--United States--Biography;
Economists--Austria--Biography; Economics--History--20th
century.
(Schumpeter), Richard N. Langlois (2007).
The Dynamics of Industrial Capitalism: Schumpeter, Chandler, and
the New Economy. (New York, NY: Routledge, 122 p.).
Professor of Economics (University of Connecticut). Schumpeter,
Joseph Alois, 1883-1950; Chandler, Alfred D. (Alfred Dupont),
1918-2007; Industrial organization (Economic theory); Big
business; Corporations; Capitalism. Shift of organizational landscape
towards more specialized entities connected by markets and
networks; places work of Schumpeter and Chandler in larger
theoretical framework; offers account of rise, success of
corporation and its subsequent unbundling.
(Schumpeter), Thomas K. McCraw (2007).
Prophet of Innovation: Joseph Schumpeter and Creative
Destruction. (Cambridge, MA: Harvard University Press,
719 p.). Straus Professor of Business History Emeritus (Harvard
Business School). Schumpeter, Joseph Alois, 1883-1950;
Economists--United States--Biography; Capitalism.
Bedrock economic principle -
destruction of businesses, fortunes, products, careers is price
of progress toward better material life (Pan Am, Gimbel's,
Pullman, Douglas Aircraft, Digital Equipment Corporation,
British Leyland).
(Smith), Adam Smith (1776-).
An Inquiry into the Nature and Causes of the Wealth of Nations.
(Dublin, IR: Whitestone, 3 vols.). Economics.
(Smith), James Buchan (2006).
The Authentic Adam Smith: His Life and Ideas. (New York,
NY: Norton, 256 p.). Smith, Adam, 1723-1790; Economists--Great
Britain--Biography; Economics. One of most ambitious
philosophical enterprises ever attempted: search for a just
foundation for modern commercial society both in private and in
public.
(Smith), E.A.J. Johnson (1937).
Predecessors of Adam Smith; The Growth of British Economic
Thought. (New York, NY: Prentice-Hall, Inc., 426 p.). Smith,
Adam, 1723-1790; Economists--Great Britain; Economics--Great
Britain--History.
(Smith), Samuel Hollander (1973).
The Economics of Adam Smith. (Toronto, ON: University of
Toronto Press, 351 p.). University Professor Emeritus
(University of Toronto). Smith, Adam, 1723-1790.
(Smith), Eli Ginzberg (2002).
Adam Smith and the Founding of Market Economics. (New
Brunswick, NJ: Transaction Publishers, 265 p. [orig. pub.
1934]). Smith, Adam, 1723-1790; Capitalism; Free enterprise.
Attempt to reconstruct and interpret in Wealth of nations.
Previously published as: The House of Adam Smith.
(Smith), Roy C. Smith (2002).
Adam Smith and the Origins of American Enterprise: How America's
Industrial Success Was Forged by the Timely Ideas of a Brilliant
Scots Economist. (New York, NY: St. Martin's Press, 224
p.). Smith, Adam, 1723-1790; Free enterprise--United
States--History; United States--Economic conditions--To 1865.
(Smith), Jerry Evensky (2005).
Adam Smith's Moral Philosophy. (New York, NY: Cambridge
University Press, 352 p.). Professor of Economics (Syracuse
University). Smith, Adam, 1723-1790; Smith, Adam, 1723-1790.
Inquiry into the nature and causes of the wealth of nations;
Smith, Adam, 1723-1790; Theory of moral sentiments; Smith, Adam,
1723-1790 --Criticism and interpretation; Economics--Moral and
ethical aspects; Ethics; Teleology; Equality. Smith's
moral philosophy and its links to his political economy and
lectures on jurisprudence.
(Smith), Gavin Kennedy (2005).
Adam Smith's Lost Legacy. (New York, NY: Palgrave
Macmillan, 285 p.). Smith, Adam, 1723-1790; Economists--Great
Britain--Biography; Economics.
(Smith), James Buchan (2006).
The Authentic Adam Smith: His Life and Ideas. (New York,
NY: Norton, 256 p.). Smith, Adam, 1723-1790; Economists--Great
Britain--Biography; Economics. The Wealth of Nations and The
Theory of Moral Sentiments are brilliant fragments of search for
a just foundation for modern commercial society.
(Smith), Duncan K. Foley (2006).
Adam’s Fallacy: A Guide to Economic Theology.
(Cambridge, MA: Belknap Press of Harvard University Press, 265
p.). Leo Model Professor (New School for Social Research).
Smith, Adam, 1723-1790. Inquiry into the nature and causes of
the wealth of nations; Economics--Philosophy.
Criticism of artificial division
between economic sphere (pursuit of self-interest leads to
social good) and social sphere (good results from unselfish
actions).
(Smith), Iain McLean, Gordon Brown (2007).
Adam Smith, Radical and Egalitarian: An Interpretation
for the 21st Century. (Edinburgh, Scotland:
Edinburgh University Press, 172 p.). Professor of
Politics and Director of the Public Policy Unit (Oxford
University). Smith, Adam, 1723-1790. --Influence; Smith,
Adam, 1723-1790. Wealth of nations; Smith, Adam,
1723-1790. Theory of moral sentiments; Economics
--Philosophy; Enlightenment --Scotland.
Radical
egalitarian - supported ideas behind French
Revolution; 'Theory of Moral Sentiments' crystallized
radically egalitarian philosophy of Scottish
Enlightenment; how much Smith influenced modern
economics, political science; international links
between American, French, Scottish histories of
political thought.
(Smith), Nick Phillipson (2010).
Adam Smith: An Enlightened Life. (New Haven,
CT: Yale University Press 368 p.). Honorary Research
Fellow in History at the University of Edinburgh. Smith,
Adam, 1723-1790. --Influence; Smith, Adam, 1723-1790.
Wealth of nations; Smith, Adam, 1723-1790. Theory of
moral sentiments; Economics --Philosophy; Enlightenment
--Scotland. Smith’s intellectual
ancestry: what he took from, gave to changing intellectual,
commercial cultures of Glasgow and Edinburgh at
beginning of Scottish Enlightenment; how far Smith’s
ideas developed in dialogue with David Hume (saw himself primarily as philosopher
rather than economist); extent to which The Wealth of
Nations, The Theory of Moral Sentiments (only two
full-length books he published) were part of larger
scheme to establish grand "Science of Man" (one of most
ambitious projects of European Enlightenment
- encompassed law, history, aesthetics, economics,
ethics).
(Veblen), Thorstein Veblen (1904).
The Theory of Business Enterprise. (New York, NY:
Scribner, 400 p.). Business; Capital. May have been first
book to have examined underlying principles of business
management.
(Veblen), Joseph Dorfman with new appendices
(1966).
Thorstein Veblen and His America. (New York, NY: A.M.
Kelley, 572 p. [orig. pub. 1934]). Veblen, Thorstein, 1857-1929;
Economics--United States--History; Socialism--United States.
(Veblen), J.A. Hobson (1990).
Veblen. (Fairfield, NJ: A. M. Kelley, 227 p. [orig. pub.
1936]). Veblen, Thorstein, 1857-1929.
(Veblen), John Patrick Diggins (1999).
Thorstein Veblen: Theorist of the Leisure Class.
(Princeton, NJ: Princeton University Press, 310 p. [orig. pub.
1978]). Veblen, Thorstein, 1857-1929.; Economists--United
States--Biography; Social reformers--United States--Biography;
Economics--United States--History; Social history.
(Veblen), Stephen Edgell (2001).
Veblen in Perspective: His Life and Thought. (Armonk,
NY: M.E. Sharpe, 207 p.). Professor of sociology (Salford
University in England). Veblen, Thorstein, 1857-1929;
Economists--United States--Biography; Institutional economics.
(Veblen), Thorstein Veblen; introduction by
Alan Wolfe; notes by James Danly (2001). The Theory of the
Leisure Class. (New York, NY: Modern Library, 400 p. [orig.
pub. 1899]). Leisure class.
(Veblen), Edited by Janet T. Knoedler, Robert
E. Prasch, and Dell P. Champlin (2007).
Thorstein Veblen and the Revival of Free Market Capitalism.
(Northampton, MA: Edward Elgar. Chair of the Department of
Economics (Bucknell University); Department of Economics
(Middlebury College); Visiting Professor of Economics (Western
Washington University). Veblen, Thorstein, 1857-1929; Free
enterprise; Capitalism; Right of property; Democracy. Review, comment on subjects that
concerned Veblen: legal system, finance and capital,
operation of markets, neoclassical economics, private property,
cultural and economic change, place of science, higher
education; how his evolutionary theory of economy, society
can help understand modern world.
(von Mises), Ludwig von Mises (1996).
Human Action: A Treatise on Economics.
(Irvington-on-Hudson, N.Y.: Foundation for Economic Education,
906 p. [4th rev. ed., orig. pub. 1949]). Founder of "Austrian"
School of Economics, Mentor to Friedrich Hayek (Nobel
Prize-winner). Economics; Commerce.
Daron Acemoglu, James A. Robinson (2005).
Economic Origins of Dictatorship and Democracy. (New
York, NY: Cambridge University Press, 540 p.). Charles P.
Kindleberger Professor of Applied Economics in the Department of
Economics (Massachusetts Institute of Technology); Professor of
Government (Harvard University). Democracy--Economic aspects;
Democratization; Equality; Political culture; Dictatorship;
Comparative government. Common understanding of development of democracy in diverse countries.
Walter Adams and James W. Brock (1986).
The Bigness Complex: Industry, Labor, and Government in the
American Economy. (New York, NY: Pantheon Books, 426
p.). Professor of Economics (Michigan State), Professor (Miami
University of Ohio). Big business--United States; Industrial
concentration--United States; Industries--Size--United States;
Industrial efficiency--United States; Competition--United
States; Trade regulation--United States. Authors write about
concerns of excessive concentration of economic power and its
dangers to a free society.
--- (1999).
The Tobacco Wars. (Cincinnati, OH: South-Western College
Pub., 209 p.). Professor of Economics, Antitrust Expert
(Michigan State). Tobacco habit--Government policy--United
States; Tobacco industry--United States; Tobacco smoke
pollution--United States; Tobacco--Physiological effect. Form of
a play to teach economics. Author reflects concerns about
concentration of corporate (economic) power (helped shape
government policy).
George A. Akerlof and Robert J. Shiller
(2009).
Animal Spirits: How Human Psychology Drives the Economy, and Why
It Matters for Global Capitalism. (Princeton, NJ:
Princeton University Press, 264 p.). Daniel E. Koshland Sr.
Distinguished Professor of Economics (University of California,
Berkeley); Arthur M. Okun Professor of Economics (Yale
University). Economics --Psychological aspects; Finance
--Psychological aspects; Capitalism; Globalization.
Powerful
forces of human psychology imperil wealth of nations (blind
faith in ever-rising housing prices, plummeting confidence in
capital markets); "animal spirits" (term used by John Maynard
Keynes) drive
financial events worldwide, account for economic
fluctuation: 1) confidence; 2) fairness; 3) corruption and bad
faith; 4) money illusion; 5) "stories"; necessity of active role, steady
hand of government
in economic policymaking to manage pervasive effects of animal
spirits in contemporary economic life; how
Reaganomics, Thatcherism, rational expectations revolution
failed to account for them.
George A. Akerlof and Rachel E. Kranton (2010). Identity
Economics: How Our Identities Shape Our Work, Wages, and
Well-Being. (Princeton,
NJ, Princeton University Press, 200 p.). Koshland Professor of
Economics (University of California, Berkeley), 2001 Nobel
Laureate in Economics; Professor of Economics (Duke
University). Economics --Psychological aspects; Identity
(Psychology); Economics --Social aspects. Identity (conception
of who one is, who one chooses to be) may be most important
factor affecting economic lives; limits placed by society on
people's identity can also be crucial determinants of their
economic well-being; new way to understand people's
decisions--at work, at school, at home.
Dan Ariely (2008).
Predictably Irrational: The Hidden Forces That Shape Our
Decisions. (New York, NY: HarperCollins, 304 p.). Alfred
P. Sloan Professor of Behavioral Economics at Sloan School of
Management (MIT). Economics--behavioral. How expectations, emotions,
social norms, other invisible, seemingly illogical forces skew
reasoning abilities; people make astonishingly simple mistakes
every day - same types of mistakes (consistently overpay,
underestimate, procrastinate); fail to understand profound
effects of emotions, overvalue what we already own; how to break
through systematic patterns of thought to make better decisions.
Giovanni Arrighi (2007).
Adam Smith in Beijing. (New York, NY: Verso, 420 p.).
Professor of Sociology (Johns Hopkins University). Smith, Adam,
1723-1790; Economics--Sociological aspects; International
economic relations; China--Economic conditions--21st century.
Smith's continued
relevance to understanding China's rise; events that have
brought it about, increasing dependence of US wealth, power on
Chinese imports, purchases of US Treasury bonds; how US failure
in Iraq has made China true winner of US War on Terror.
Sarah Babb (2001).
Managing Mexico: Economists from Nationalism to Neoliberalism.
(Princeton, NJ: Princeton University Press, 295 p.). Department
of Sociology (Boston College). Economists--Mexico;
Economics--Mexico--History--20th century; Globalization;
Mexico--Economic policy.
Roger E. Backhouse (1994).
Economists and the Economy: The Evolution of Economic Ideas,
1600 to the Present Day. (New Brunswick, NJ: Transaction
Publishers, 260 p. [2nd ed.]). Chair in the History and
Philosophy of Economics (University of Birmingham). Economics;
Economic history.
Edward B. Barbier (2010).
Scarcity and Frontiers: How Economies Have Developed Through
Natural Resource Exploitation. (New York, NY:
Cambridge University Press, 768 p.). John S. Bugas Professor of
Economics in the Department of Economics and Finance (University
of Wyoming). Agriculture --Economic aspects --History; Natural
resources; Scarcity; Economic development.
Contribution that natural resource exploitation has made to
economic development in key eras of world history; lessons for
attaining sustainable economic development in world; response of
society to scarcity of key natural resources has been critical
driving force in history behind global economic development;
increasing scarcity raises cost of exploiting existing natural
resources, creates incentives in all economies to innovate,
conserve more of resources; economies have responded
to increasing scarcity by obtaining, developing more of these
resources; exploitation of new ’frontiers’ has often proved to
be pivotal human response to natural resource scarcity.
Vincent Barnett (2005).
A History of Russian Economic Thought. (New York, NY:
Routledge, 256 p.). Centre for Russian and East European Studies
(University of Birmingham). Economics--Russia--History;
Economics--Soviet Union--History. Historical development of Russian
and Soviet economic thought across the nineteenth and twentieth
centuries.
Bruce Bartlett (2009).
The New American Economy: The Failure of Reaganomics and a New
Way Forward. (New York, NY, Palgrave Macmillan, 272
p.). Former Domestic Policy Adviser to President Ronald Reagan,
Treasury Official under President George H.W. Bush. Supply-side
economics --United States; United States --Economic policy
--20th century; United States --Economic policy --2009-.
How
economic theories, perfectly valid at one moment,
under one set of circumstances, tend to lose validity over time
- misapplied under different circumstances;
compelling, historically-based case for large tax increases.
Bernard Baumohl (2008).
The Secrets of Economic Indicators: Hidden Clues to Future
Economic Trends and Investment Opportunities. (Upper
Saddle River, NJ: Wharton School Pub., 401 p. [2nd ed.]). Former
Senior Economics Reporter (TIME Magazine). Economic forecasting;
Economic indicators; Business forecasting. Every U.S., foreign indicator
that matters; where to find them; what they look like; what
insiders know about their track records; how to interpret them.
Gary S. Becker (1957).
The Economics of Discrimination. (Chicago, IL:
University of Chicago Press, 137 p.). Discrimination in
employment--United States; African Americans--Employment;
African Americans--Economic conditions. Economic effects of
discrimination in the market place because of race, religion,
sex, color, social class, personality, or other non-pecuniary
considerations. Author demonstrates that discrimination in
market place by any group reduces their own real incomes as well
as those of the minority.
--- (1971).
The Economics of Discrimination. (Chicago, IL:
University of Chicago Press, 178 p. [2nd ed.]). Professor of
Economics and Sociology (University of Chicago). Discrimination
in employment--United States; African Americans--Employment;
African Americans--Economic conditions. Economic effects of
discrimination in market place because of race, religion, sex,
color, social class, personality, other non-pecuniary
considerations; discrimination by any group reduces their own
real incomes, those of minority.
Gary S. Becker, Guity Nashat Becker (1997).
The Economics of Life: From Baseball to Affirmative Action to
Immigration, How Real-World Issues Affect Our Everyday Life.
(New York, NY: McGraw-Hill, 329 p.). Professor of Economics and
Sociology (University of Chicago), 1992 Winner of Nobel Prize
Economic Science; Associate Professor of History (Unversity of
Illinois at Chicago). Economic history--1990-; Social
history--1970-. Economic
theory applied to human behavior; daily actions, choices
influenced more than we know by market forces, economic
incentives.
John Berdell (2002).
International Trade and Economic Growth in Open Economies: The
Classical Dynamics of Hume, Smith, Ricardo and Malthus.
(Northampton, MA: E. Elgar Pub., 186 p.). International trade;
Economic development; Classical school of economics.
Eli Berman (2009).
Radical, Religious, and Violent: The New Economics of Terrorism. (Cambridge,
MA: MIT Press, 300 p.). Professor of Economics
(University of California, San Diego). Terrorism --Economic
aspects; Terrorism --Religious aspects. Economics of
organizations; leaders of most lethal terrorist groups have
found way to control defection; deadly
effectiveness lies in resilience, cohesion despite strong
incentives to defect.
Mark Blaug (1988).
Great Economists Before Keynes: An Introduction to the Lives &
Works of One Hundred Great Economists of the Past. (New
York, NY: Cambridge University Press, 286 p.).
Economists--Biography.
--- (1998).
Great Economists Since Keynes: An Introduction to the Lives &
Works of One Hundred Modern Economists. (Northampton,
MA: Edward Elgar, 312 p. [2nd ed.]). Economists--Biography.
Ester Boserup (1965).
The Conditions of Agricultural Growth; The Economics of Agrarian
Change Under Population Pressure. With a Foreword by
Nicholas Kaldor. (London, UK: Allen & Unwin, 124 p.). United
Nations Consultant in Developing Countries.
Agriculture--Economic aspects; Population.
Luigino Bruni, Pier Luigi Porta (2006).
Economics and Happiness : Framing the Analysis. (New
York, NY: Oxford University Press, 384 p.).
Economics--Psychological aspects; Happiness--Economic aspects;
Well-being; Economics--History. Economics and happiness, its
relationship with economic thought.
Todd G. Buchholz ; with a foreword by Martin
Feldstein (1999).
New Ideas from Dead Economists: An Introduction to Modern
Economic Thought. (New York, NY: Plume, 332 p. [rev.
ed.]). Economists--Biography; Economics--History.
Tim Büthe and Walter Mattli (2011 ).
The New Global Rulers: The Privatization of Regulation in the
World Economy. (Princeton, NJ Princeton University
Press, 312 p.). Assistant Professor of Political Science (Duke
University); Professor of International Political Economy (St.
John's College, University of Oxford). Commercial policy
--International cooperation; Foreign trade regulation;
International finance; Standardization --International
cooperation; Complementarity (International law).
Internationalization, privatization of rule making, motivated
by: 1) economic benefits of common rules for global markets, 2)
realization that government regulators often lack expertise,
resources to deal with increasingly complex, urgent regulatory
tasks; who writes rules in international private organizations,
who wins, who loses, why; two main standardization players
(United States and Europe); three powerful global private
regulators (account for 85% of all international product
standards: a) International Accounting Standards Board (develops
financial reporting rules used by corporations in more than 100
countries); b) International Organization for Standardization,
c) International Electrotechnical Commission; new framework for
understanding global private regulation; detailed empirical
analyses of regulation based on multi-country, multi-industry
business surveys; global rule making by technical experts is
highly political, domestic institutions remain crucial;
influence in this form of global private governance is function
of economic power of states, ability of domestic
standard-setters to provide timely information, speak with
single voice; how domestic institutions' abilities differ.
Laurie Winn Carlson (2005).
William J. Spillman and the Birth of Agricultural Economics.
(Columbia, MO: University of Missouri Press, 210 p.). Spillman,
W. J.; United States. Dept. of Agriculture--History;
Agricultural economists--Biography; Agriculture--Economic
aspects--United States--History; Agricultural education--United
States--History.
Richard E. Caves (1992).
American Industry: Structure, Conduct, Performance.
(Englewood Cliffs, NJ: Prentice Hall, 132 p. [7th ed.]).
Industries--United States; Industrial concentration--United
States; Restraint of trade--United States.
A.W. Coats (1992).
On the History of Economic Thought. (New York, NY:
Routledge, 495 p.). Research Professor of Economics (Duke
University), Emeritus Professor of Economic and Social History
(University of Nottingham). Economics--Great Britain--History;
Economics--United States--History.
Ed. A.W. Bob Coats (1999).
The Development of Economics in Western Europe Since 1945.
(New York, NY: Routledge, 262 p.). Research Professor of
Economics (Duke University), Emeritus Professor of Economic and
Social History (University of Nottingham). Economics--Europe,
Western--History--20th century.
Paul K. Conkin (1980).
Prophets of Prosperity: America’s First Political Economists.
(Bloomington, IN: Indiana University Press, 333 p.).
Distinguished Professor of History Emeritus (Vanderbilt
University). Economics --United States --History; Economists
--United States --Biography.
Tyler Cowen (2009).
Create Your Own Economy: The Path to Prosperity in a Disordered
World. (New York, NY: Dutton, 272 p.). Professor of
Economics (George Mason University). Economics --Psychological
aspects; Creative thinking. Behavioral economics; autistic
tendencies toward classification, categorization, specialization
can be used as vehicle for understanding how people use
information; "mainstream society reaping benefits from mimicking
autistic cognitive strengths"; neurological filing system to
understand mass consumption of information.
Diane Coyle (2007).
A Soulful Science: What Economists Really Do and Why It Matters.
(Princeton, NJ: Princeton University Press, 288 p.). Visiting
Professor (University of Manchester), Former Economics Editor
(Independent). Economics--Psychological aspects;
Economics--Sociological aspects. Humanization of economics over
past two decades; how better data, increased computing power,
techniques (game theory) have transformed economic
theory/practice, enabled economists to better understanding
human behavior.
Robert W. Dimand (1988).
The Origins of the Keynesian Revolution: The Development of
Keynes' Theory of Employment and Output. (Stanford, CA:
Stanford University Press, 213 p.). Keynesian economics;
Employment (Economic theory); Production (Economic theory).
Richard A. Easterlin (2004).
The Reluctant Economist: Perspectives on Economics, Economic
History and Demography. (New York, NY: Cambridge
University Press, 284 p.). University Professor and Professor of
Economics (University of Southern California). Economic history;
Demography; United States--Economic conditions.
William Easterly (2001).
The Elusive Quest for Growth: Economists' Adventures and
Misadventures in the Tropics. (Cambridge, MA: MIT
Press, 342 p.). Senior Fellow at the Center for Global
Development and the Institute for International Economics.
Poor--Developing countries; Poverty--Developing countries;
Developing countries--Economic policy. Modern
growth theory with anecdotes from fieldwork for the World Bank.
Lanny Ebenstein (2007).
Milton Friedman: A Biography. (New York, NY: Palgrave
Macmillan, 272 p.). Friedman, Milton, 1912-2006;
Economists--United States--Biography. Friedman's life,
development as economic theorist - hero of libertarianism,
laissez-faire economics.
Robert Eisner (1994).
The Misunderstood Economy: What Counts and How To Count It.
(Boston, MA: Harvard Business School Press, 222 p.).
Economics--United States; United States--Economic
conditions--1981-.
Ed. by Ross Emmett (2001).
The Chicago Tradition in Economics, 1892-1945. (New
York, NY: Routledge, 3352 p. [8 vols.]). Associate Professor
(James Madison College). Chicago school of economics.
James F. English (2005).
The Economy of Prestige: Prizes, Awards, and the Circulation of
Cultural Value. (Cambridge, MA: Harvard University
Press, 432 p.). Professor, Chair of English (University of
Pennsylvania). Awards--Economic aspects; Literary
prizes--Economic aspects; Art--Awards--Economic aspects;
Culture--Economic aspects; Intellectual life--Economic aspects;
Popular culture--Economic aspects; Cultural industries--Economic
aspects; Value; Prestige. Business, culture of prizes.
Roger A. Farmer (2010).
How the Economy Works: Confidence, Crashes and Self-Fulfilling
Prophecies. (New York, NY Oxford University Press, 208
p.). Professor, Chair of the Economics Department (UCLA). Free
enterprise; Monetary policy; Economic policy.
How economics must
change - direct impact on lives, guides regulators, policymakers
as they make decisions with far-reaching practical consequences;
swings between classical, Keynesian economics since early
twentieth century (1930s - Keynes challenged longstanding idea
that an economy was self-correcting mechanism; 1970s -
resurgence of classical economics, ending with current crisis);
synthesis of both: (classical) sound theory must explain how
individuals behave, how collective choices shape economy;
(Keynesian) markets do not always work well, capitalism needs
some guidance; goal - correct excesses of free-market economy
without stifling entrepreneurship, instituting central planning.
Irving Fisher (1932).
Booms and Depressions: Some First Principles. (New York,
NY: Adelphi, 258 p.). Professor of Political Economy (Yale
University). Depressions --1929; Business cycles; Economic
history --1918-1945; Currency question; Banks and banking
--United States. Elaboration of the author's address at meeting
of American Association for Advancement of Science (New Orleans,
Jan. 1, 1932).
Joseph Finkelstein [and] Alfred L. Thimm
(1973).
Economists and Society; The Development of Economic Thought from
Aquinas to Keynes. (New York, NY: Harper & Row, 366 p.).
Economics -- History.
Nancy Folbre
(2010).
Greed, Lust & Gender: A History of Economic Ideas. (New
York, NY, Oxford University Press, 304 p.). Professor of
Economics (University of Massachusetts Amherst). Economics
--Moral and ethical aspects; Men --Economic conditions; Women
--Economic conditions; Avarice --Sex differences; Lust --Sex
differences. Feminist reinterpretation of past; women's
work, sexuality, ideas into center of dialectic
between economic history, history of economic ideas; economic,
cultural change in Great Britain, France, United States since
18th century that shaped evolution of patriarchal capitalism,
larger relationship between production, reproduction; history of
Western economic ideas shows that men have given themselves more
cultural permission than women to pursue both economic, sexual
self-interest; women have gradually gained
power to revise conceptual, moral maps and to insist on
better-and less gendered-balance between self interest, care for
others.
Marion Fourcade (2009).
Economists and Societies: Discipline and Profession in the
United States, Great Britain, and France, 1890s to 1990s.
(Princeton, NJ: Princeton University Press, 416 p.). Assistant
Professor of Sociology (University of California, Berkeley).
Economists --United States; Economists --Great Britain;
Economists --France; Economics --United States --History --20th
century; Economics --Great Britain --History --20th century;
Economics --France --History --20th century.
American, French,
British society, culture as seen through lens of their
respective economic institutions, distinctive character of their
economic experts; history of economics in each country from late
19th century to present; people's experience, understanding
of economy, political and intellectual battles over it,
crystallized in different ways; scientific, practical
claims over economy in these three societies arose from
different elites with different intellectual orientations,
institutional entanglements, social purposes.
Robert H. Frank (2007).
The Economic Naturalist: In Search of Answers to Everyday
Enigmas. (New York, NY: Basic Books, 226 p.). Professor
of Management and Professor of Economics at the Johnson Graduate
School of Management (Cornell University). Economics.
Basic economic principles to
answer intriguing questions from everyday life; key economic
ideas.
Benjamin M. Friedman (2005).
The Moral Consequences of Economic Growth. (New York,
NY: Knopf, 592 p.). William Joseph Maier Professor of Political
Economy, Former Chairman of the Department of Economics (Harvard
University). Economic development--Moral and ethical aspects;
Income distribution; Political participation; Democracy. Economic
growth is a prerequisite for the creation of a liberal, open
society.
David Friedman (1996).
Hidden Order: The Economics of Everyday Life. (New York,
NY: HarperBusiness, 340 p.). Visiting Professor of Economics
(Santa Clara University). Economics; Consumer behavior.
Why we make choices we do and
a sensible strategy for how to make the right ones.
Masahisa Fujita, Jacques-François Thisse
(2002).
Economics of Agglomeration: Cities, Industrial Location, and
Regional Growth. (New York, NY: Cambridge University
Press, 466 p.). Space in economics; Regional economics;
Industrial location.
Francis Fukuyama (1995).
Trust: Social Virtues and the Creation of Prosperity.
(New York, NY: Free Press, 457 p.). Economics -- Moral and
ethical aspects; Trust; Virtue; Economic history -- 1945-.
Victor Ginsburgh & Shlomo Weber (2011).
How Many Languages Do We Need?: The Economics of Linguistic
Diversity. (Princeton, NJ : Princeton University
Press, 256 p.). Economics. Language -- history. Professor of
Economics Emeritus, member of the European Center for Advanced
Research in Economics and Statistics, Brussels, and member of
the Center of Operations Research and Econometrics,
Louvain-la-Neuve, Belgium; Robert H. and Nancy Dedman Trustee
Professor of Economics (Southern Methodist University),
Professor of Economics (New Economic School, Moscow).
Linguistic
diversity as global social phenomenon; degree of linguistic
variety might result in greatest economic good; linguistic
proximity between groups, between languages; diversity's impact
on growth, development, trade, quality of institutions,
translation issues, voting patterns in multinational
competitions, likelihood and intensity of civil conflicts;
linguistic diversity influences economic, political development,
public policies in positive, negative ways; leads to financial
costs, communication barriers, divisions in national unity,
conflicts and war (extreme cases); produces benefits related to
group, individual identity; specific advantages and
disadvantages of linguistic diversity; how does it influence
social and economic progress?
Erik Grimmer-Solem (2003).
The Rise of Historical Economics and Social Reform in Germany,
1864-1894. (New York, NY: Oxford University Press, 338
p.). Schmoller, Gustav von, 1838-1917; Historical school of
economics; Germany--Economic conditions--19th century.
Peter Groenewegen (2002).
Eighteenth Century Economics: Turgot, Beccaria and Smith and
Their Contemporaries. (New York, NY: Routledge, 421 p.).
Smith, Adam, 1723-1790; Turgot, Anne-Robert-Jacques, baron de
l'Aulne, 1727-1781; Quesnay, François, 1694-1774;
Economics--History--18th century; Free trade--History--18th
century; Physiocrats.
Lewis H. Haney (1911).
History of Economic Thought; a Critical Account of the Origin
and Development of the Economic Theories of the Leading Thinkers
in the Leading Nations. (New York, NY: The Macmillan
Company, 567 p.). Economics--History.
Tim Harford (2005).
The Undercover Economist. (New York, NY: Oxford
University Press, 276 p.). Financial Times Magazine "Dear
Economist" Columnist. Economic history, 1990- ; Economics;
Consumer education. How
free market economic forces affect underpin aspects of everyday
life.
--- (2008).
The Hidden Logic of Life: The Surprisingly Rational Choices That
Shape Our World. (New York, NY: Random House, 272 p.).
Financial Times Magazine "Dear Economist" Columnist.
Economics--Psychological aspects; Rational expectations
(Economic theory). Human
beings are rational, respond to incentives, rewards.
Timothy J. Hatton, Jeffrey G. Williamson
(1998).
The Age of Mass Migration: Causes and Economic Impact.
(New York, NY: Oxford University Press, 301 p.). Emigration and
immigration--Economic aspects--History; Alien labor--History;
Labor market--History. About 55 million Europeans migrated to the New World between
1850 and 1914, landing in North and South America and in
Australia; marked profound shift in distribution of global
population, economic activity.
Timothy Hatton and Jeffrey G. Williamson
(2005).
Global Migration and the World Economy: Two Centuries of Policy
and Performance. (Cambridge, MA: MIT Press, 471 p.).
Professor of Economics (Australian National University and
University of Essex); Laird Bell Professor of Economics (Harvard
University). Emigration and immigration--Economic
aspects--History; Emigration and immigration--Government policy.
Economic performance of
two world migrations (1820-1914; 1950 on), policy reactions to
deal with them, political economy that connected one with the
other.
Henry Hazlitt (1996).
Economics in One Lesson. (New Rochelle, NY: Arlington
House, 218 p. [50th Anniversary Ed.]). Columnist, Newsweek
Magazine. Economics.
Robert L. Heilbroner (1999).
The Worldly Philosophers: The Lives, Times, and Ideas of the
Great Economic Thinkers. (New York, NY: Simon &
Schuster, 365 p. [7th ed., orig. pub. 1953]).
Economists--Biography; Economics--History.
Robert Heilbroner and Lester Thurow (1998).
Economics Explained: Everything You Need To Know About How the
Economy Works and Where It's Going. (New York, NY: Simon
& Schuster, 240 p. [rev. and updated]). Economics; United
States--Economic conditions--1945-.
Elhanan Helpman (2004).
The Mystery of Economic Growth. (Cambridge, MA: Belknap
Press of Harvard University Press, 223 p.). Economic
development; Saving and investment; Production (Economic
theory).
David R. Henderson, Charles L. Hooper (2006).
Making Great Decisions in Business and Life. ( Chicago
Park, CA: Chicago Park Press, 287 p.). Associate Professor of
Economics in the Graduate School of Business and Public Policy
(Naval Postgraduate School). Decision analysis; opportunity
costs; information--Economic aspects. Work smarter.
Abraham Hirsch and Neil de Marchi (1990).
Milton Friedman: Economics in Theory and Practice. (New
York, NY: Harvester Wheatsheaf, 325 p.). Friedman, Milton, 1912-
;Economics -- Methodology.
Eds. Richard P. F. Holt and Steven Pressman
(2005).
Empirical Post Keynesian Economics: Looking at the Real World.
(Armonk, NY: M.E. Sharpe, 340 p.). Economics; Keynesian
economics.
Kevin D. Hoover (1999).
The Legacy of Robert Lucas, Jr.: The Economic Legacy of Robert
Lucas. (Northampton, MA: Edward Elgar, 3 vols.). Lucas,
Robert E.; Economics--United States--History; Neoclassical
school of economics.
Gerald L. Houseman (2008).
Economics in a Changed Universe: Joseph E. Stiglitz,
Globalization, and the Death of "Free Enterprise".
(Lanham, MD: Lexington Books, 157 p.). Professor of Political
Science (Indiana University at Fort Wayne). Stiglitz, Joseph E.;
Free enterprise; Information theory in economics; Globalization.
How revolution in economics, wrought by
Joseph E. Stiglitz and economics of information has provided new
methods, answers to solving economic problems, especially for
poor nations of world; 230 years of economic thought, folklore
into question; free enterprise, market once respected does not
exist.
Ed. Lars Jonung (1991).
The Stockholm School of Economics Revisited. (New York,
NY: Cambridge University Press, 471 p.). Handelshogskolan i
Stockholm--History--Congresses;
Economics--Sweden--History--Congresses; Economics--Study and
teaching (Higher)--Sweden--History--Congresses.
Thomas Mark Karier (2010).
Intellectual Capital: Forty Years of the Nobel Prize in
Economics. (New York, NY: Cambridge University Press
368 p.). Professor of Economics, Former Associate Dean (Eastern
Washington University, Cheney, WA). Intellectual capital;
Economics.
1969 - Bank of Sweden established Nobel Prize in Economic
Science; core ideas of 64 economic theorists (Keynesians,
monetarists, financial economists, behaviorists, historians,
statisticians, mathematicians, game theorists, other innovators)
awarded Prize in first 40 years; assumptions, values that
underlie their economic theories (different, controversial
features of content, methods of the discipline); has prize been awarded to those economists
"who have during the previous year rendered the greatest service
to mankind"?
Ed. Thomas R. Keene; with a foreword by
Kenneth S. Rogoff and an afterword by Peter L. Bernstein (2005).
Flying on One Engine: The Bloomberg Book of Master Market
Economists: Fourteen Views on the World Economy. (New
York, NY: Bloomberg Press, 264 p.). CFA, Editor-at-Large to
Bloomberg News. Globalization--Economic aspects[ International
finance; Investments; United States--Foreign economic relations.
Methods, insights, and
predictions of Wall Street’s top market economists.
Charles P. Kindleberger (1991).
The Life of an Economist: An Autobiography. (Cambridge,
MA: B. Blackwell, 228 p.). Kindleberger, Charles Poor, 1910-;
Economists -- United States -- Biography.
Stephen D. King (2010).
Losing Control: The Emerging Threats to Western Prosperity.
(New Haven, CT: Yale University Press, 304 p.). Global Chief
Economist at HSBC. Western countries --Economic conditions
--21st century; Western countries --Economic policy; Developing
countries --Economic policy.
Major
redistribution of wealth, power across globe in decades ahead; will force
consumers in United States, Europe to stop living beyond
their means; West - money from emerging nations fuelled recent
property bubble in West, increasingly dependent on risky financial services
due to new patterns of trade;
increasing power of emerging markets, poor
internal regulation, increasingly anachronistic system of global
governance - greater instability and income
inequality, risk of major dollar decline;
social, political consequences of aging Western populations,
development of emerging economies threaten citizens accustomed to living in prosperity.
Arjo Klamer and David Colander (1990).
The Making of an Economist. (Boulder, CO: Westview
Press, 216 p.). Economics -- Study and teaching (Graduate) --
United States; Economists -- United States; Graduate students --
United States.
Frank H. Knight (1964).
Risk, Uncertainty and Profit. (New York, NY: A. M.
Kelley, 381 p. [orig. pub. 1921]). Risk; Profit.
Stephen D. King (2010).
Losing Control: The Emerging Threats to Western Prosperity.
(New Haven, CT: Yale University Press, 304 p.). Global Head of
Economics and Asset Allocation Research (HSBC). Western
countries --Economic conditions --21st century; Western
countries --Economic policy; Developing countries --Economic
policy. Major redistribution of wealth, power across globe in
future decades; consumers in United States, Europe forced to
stop living beyond means; increasing power of emerging markets,
poor internal regulation, increasingly anachronistic system of
global governance - greater instability, income inequality, risk
of major dollar decline; aging Western populations, development
of emerging economies - social, political consequences may alarm
citizens grown accustomed to prosperity.
Janos Kornai; Translated by John Knapp (1959).
Overcentralization in Economic Administration; A Critical
Analysis Based on Experience in Hungarian Light Industry.
(London, UK: Oxford University Press, 236 p.).
Industries--Hungary; Hungary--Economic policy.
--- (2007).
By Force of Thought: Irregular Memoirs of an Intellectual
Journey. (Cambridge, MA: MIT Press, 461 p.).
Distinguished Hungarian Economist. Kornai, Janos;
Economists--Hungary--Biography. Economic
thought, socialist systems, postsocialist transition, Eastern European
intellectual life before, during, after communism; author traces
lifelong intellectual journey; describes his research; makes
vivid the difficulties faced by critic of central planning
in communist country.
Herman E. Krooss (1970).
Executive Opinion; What Business Leaders Said and Thought on
Economic Issues, 1920s-1960s. (Garden City, NY:
Doubleday, 438 p.). Businesspeople--United States;
Executives--United States.
Paul Krugman (1998).
The Accidental Theorist: And Other Dispatches from the Dismal
Science. (New York, NY: Norton, 204 p.). Economics.
Collection of essays.
Paul Krugman (2007).
The Conscience of a Liberal. (New York, NY: Norton, 352
p.). Professor of Economics and International Affairs, Woodrow
Wilson School (Princeton University), Economics Columnist (New
York Times). Income distribution--United States;
Equality--United States; United States--Economic conditions;
United States--Politics and government; United States--Social
policy. Past eighty years
of American history: 1) what happened to middle-class America,
2) what it will take to achieve a "new New Deal".
Robert Kuttner (1997).
Everything for Sale: The Virtues and Limits of Markets.
(New York, NY: Knopf, 410 p.). Industrial policy--United States;
Environmental policy--United States; Full employment
policies--United States; Capitalism--United States; Free
enterprise--United States; United States--Economic
policy--1993-2001; United States--Commercial policy.
Simon S. Kuznets (1966).
Modern Economic Growth: Rate, Structure, and Spread.
(New Haven, CT: Yale University Press, 529 p.). Economic
development. Redefined the study of economic growth.
Steven E. Landsburg (1993).
The Armchair Economist: Economics and Everyday Life.
(New York, NY: Free Press, 241 p.). Teaches Economics
(University of Rochester). Economics--Sociological aspects.
--- (2007).
More Sex Is Safer Sex: The Unconventional Wisdom of Economics.
(New York, NY: Free Press, 288 p.). Associate Professor of
Economics (University of Rochester). Economics--Sociological
aspects; Paradoxes; United States--Economic conditions--21st
century. Many apparently
very odd behaviors have logical explanations; many apparently
logical behaviors make no sense whatsoever.
Richard Layard (2005).
Happiness: Lessons from a New Science. (New York, NY:
Penguin Press, 320 p.). Founder-Director of Centre for Economic
Performance (London School of Economics); Member of the House of
Lords. Happiness.
Robert Lekachman (1976).
A History of Economic Ideas. (New York, NY: McGraw-Hill,
427 p. [Reprint 1959 ed.]). Economics--History.
--- (1976).
Economists at Bay: Why the Experts Will Never Solve Your
Problems. (New York, NY: McGraw-Hill, 311 p.).
Economics; Economists.
--- (1982).
Greed Is Not Enough: Reaganomics. (New York, NY:
Pantheon Books, 213 p.). Supply-side economics--United States;
United States--Economic policy--1971-1981.
Emmanuel Le Roy Ladurie; Translated with an
introd. by John Day (1974).
The Peasants of Languedoc. (Urbana, IL: University of
Illinois Press, 370 p.). Peasantry--France--Languedoc--History;
Agriculture--Economic aspects--France--Languedoc--History.
Ed. and with a foreword by John M. Letiche.
Translated with the collaboration of Basil Dmytryshyn and
Richard A. Pierce (1964).
A History of Russian Economic Thought: Ninth Through Eighteenth
Centuries. (Berkeley, CA: University of California
Press 690 p.). Economics -- Soviet Union -- History.
Peter T. Leeson (2009).
The Invisible Hook: The Hidden Economics of Pirates.
(Princeton, NJ: Princeton University Press, 296 p.). BB&T
Professor for the Study of Capitalism in the Department of
Economics (George Mason University). Pirates --History
--Economic aspects; Economics. Democratic, economic forces of
world of late 17th, early 18th-century pirates;
hidden economics behind
pirates' notorious, entertaining, sometimes downright shocking
behavior; pirate customs resulted from
pirates' responding rationally to prevailing economic conditions
in pursuit of profits.
Maurice D. Levi (1985).
Thinking Economically: How Economic Principles Can Contribute to
Clear Thinking. (New York, NY: Basic Books, 281 p.).
Economics.
Steven D. Levitt and Stephen J. Dubner (2005).
Freakonomics: A Rogue Economist Explores the Hidden Side of
Everything. (New York, NY: Morrow, 256 p.). Professor of
Economics (University of Chicago); Journalist.
Economics--Psychological aspects; Economics--Sociological
aspects.
Ed. and with Introduction by Michael Lewis
(2007).
The Real Price of Everything: The Classics of Economics.
(New York, NY: Sterling, 1,472 p.). Economists--Biography;
Economics--History. Landmark essays by Adam Smith, Thomas
Malthus, Thorsten Veblen, and John Maynard Keynes, to Carlo
DeVito. Classics that
created, defined Wall Street, entire economic system (market
forces, government policies that have shaped world, future).
William W. Lewis (2004).
The Power of Productivity: Wealth, Poverty, and the Threat to
Global Stability. (Chicago, IL: University of Chicago
Press, 339 p.). Founding Director (McKinsey Global Institute).
Industrial productivity; Economic policy; Competition,
International; Consumption (Economics); Investments, Foreign;
Wealth; Poverty; Economic stabilization; Economic development;
Microeconomics.
John R. Lott Jr. (1999).
Are Predatory Commitments Credible?: Who Should the Courts
Believe? (Chicago, IL: University of Chicago Press, 173
p.). Senior Research Scholar at Yale University Law School.
Predatory pricing--United States; Antitrust law--United States.
Series: Studies in law and economics.
Eds. John S. Lyons, Louis P. Cain and Samuel H. Williamson (2008).
Reflections on the Cliometrics Revolution: Conversations with
Economic Historians. (New York, NY: Routledge, 491 p.).
Economics--History; historians--economics. "New economic history" revolution
changed face of discipline, spawned generation of
cliometricians; 25 pioneering scholars reflect on changes in
practice of economic history they have observed, helped to bring
about; history of cliometrics revolution, economic history
in general.
Jeffrey Madrick (2002).
Why Economies Grow: The Forces That Shape Prosperity and How We
Can Get Them Working Again. (New York, NY: Basic Books,
242 p.). Economic development; Commerce; Information--Economic
aspects; Economic history; United States--Economic conditions;
United States--Economic policy.
Alfred L. Malabre, Jr. (1994).
Lost Prophets: An Insider's History of the Modern Economists.
(Boston, MA: Harvard Business School Press, 256 p;.).
Economics--United States--History--20th century;
Economists--United States; United States--Economic policy.
Marilu Hurt McCarty (2001).
The Nobel Laureates: How the World's Greatest Economic Minds
Shaped Modern Thought. (New York, NY: McGraw-Hill, 397
p.). Economics--History--20th century; Economists; Nobel
Prizes--History. Author interlaces the extraordinary
contributions of these world-class economists with the
historical circumstances that motivated them, providing
fascinating insight into modern economic thought.
Donald McCloskey (1998).
The Rhetoric of Economics. (Madison, WI: University of
Wisconsin Press, 223 p. [2nd ed.]). Academic.
Economics-Rhetoric.
Deidre N. McCloskey (2000).
How To Be Human-- Though an Economist. (Ann Arbor, MI:
University of Michigan Press, 287 p.). Economics--Philosophy.
Deirdre N. McCloskey (2010).
Bourgeois Dignity: Why Economics Can't Explain the Modern World.
(Chicago, IL, University of Chicago Press, 571 p.).
Distinguished Professor of Economics, History, English, and
Communication (University of Illinois at Chicago). Economic
history; Economics -- Philosophy; Middle class; Europe --
Economic conditions. How China and India began to embrace
neoliberal ideas of economics, attributed sense of dignity and
liberty to bourgeoisie denied for so long; resulted in explosion in economic growth;
proved that economic change depended
less on foreign trade, investment, or material causes, more on
ideas, what people believed; shifting opinions
about new markets, innovations resulted in new world as talk of private property,
commerce, bourgeoisie changed radically, became far more
approving; wealth of nations grew because rhetoric about
markets, free enterprise became enthusiastic, encouraged
their inherent dignity (not because of economic factors).
Richard B. McKenzie (2008).
Why Popcorn Costs So Much at the Movies: And Other Pricing
Puzzles. (Berlin, Germany: Springer, 400 p .).
Professor, Economics and Walter B. Gerken Chair of Enterprise &
Society (University of California, Irvine). Economic history;
Social history; Economics--Sociological aspects; United
States--Economic conditions. Solutions to pricing puzzles
(cost of popcorn, why so many prices end with "9", why ink
cartridges can cost as much as printers, why stores use sales,
coupons, rebates); 'killing' effects of 9/11 terrorists on
relative prices of modes of travel; starvation, de-forestation
effects of well-meaning efforts to spur use of alternative,
supposedly environmentally friendly fuels.
Bill McKibben (2007).
Deep Economy: The Wealth of Communities and the Durable Future.
(New York, NY: Times Books, 262 p.). Former Staff Writer for The
New Yorker, Scholar in Residence at Middlebury College. Economic
development--Social aspects; Community development.
Ways that growth economics have
led us astray, "more" is no longer synonymous with "better",
need to move beyond "growth" as paramount economic ideal, pursue
prosperity in more local direction.
Steven G. Medema (2009).
The Hesitant Hand: Taming Self-Interest in the History of
Economic Ideas. (Princeton, NJ: Princeton University
Press, 272 p.). Professor of Economics (University of Colorado
Denver). Free enterprise --History; Economic policy --History;
Economics --History; Economic history. How government's economic
role continues to be bound by questions about effects of
self-interest on greater good (formulated by Adam Smith
in 1776 - declared that pursuit of self-interest
mediated by market itself--not by government--led, via an
invisible hand, to greatest possible welfare for society as
whole); how, following marginal revolution, neoclassical
economists, like preclassical theorists before Smith, believed
government can mitigate adverse consequences of self-interested
behavior; how backlash against this view, led by Chicago and
Virginia schools, demonstrated that self-interest can also
impact government, leave society with choice among imperfect
alternatives.
Richard R. Nelson (1996).
The Sources of Economic Growth. (Cambridge, MA: Harvard
University Press, 328 p.). George Blumenthal Professor of
International and Public Affairs, Business, and Law, Emeritus
(Columbia University). Economic development; Technological
innovations--Economic aspects; Social institutions.
Technological advance is the key
driving force behind economic growth; exposes the intimate
connections among government policies, science-based
universities, growth of technology.
--- (2005).
Technology, Institutions, and Economic Growth.
(Cambridge, MA: Harvard University Press, 312 p.). George
Blumenthal Professor of International and Public Affairs,
Business, and Law, Emeritus (Columbia University). Economic
development; Technology--Economic aspects; Institutional
economics. Alternative
theory (to standard neo-classical theory) to explain phenomenon
of economic growth; involves co-evolution of technologies,
institutions, and industry structure.
Leonard N. Newfeldt (1989).
The Economist: Henry Thoreau and Enterprise. (New York,
NY: Oxford University Press, 210 p.). Thoreau, Henry David,
1817-1862 --Knowledge--Economics; Economics in literature;
Economics--United States--History--19th century.
Jurg Niehans (1990).
A History of Economic Theory: Classic Contributions, 1720-1980.
(Baltimore, MD: Johns Hopkins University Press, 578 p.).
Economics--History.
Douglass C. North (2005).
Understanding the Process of Economic Change.
(Princeton, NJ: Princeton University Press, 208 p.). Professor
of Economics and Spencer T. Olin Professor in Arts and Sciences
(Washington University); Winner - 1993 Nobel Prize in Economic
Sciences. Evolutionary economics; Economics--Sociological
aspects; Institutional economics. Process
by which economies change; kind and quality of institutions that
support markets largely determines economic performance;
property rights, transaction costs are fundamental determinants;
how different societies arrive at institutional infrastructure
greatly determines their economic trajectories; economic change
depends largely on "adaptive efficiency," society's
effectiveness in creating institutions that are productive,
stable, fair, broadly accepted, flexible enough to be changed or
replaced in response to political, economic feedback;
intentionality (product of social
learning) - crucial variable in
how rules evolve, how economies
change, how economy's institutional foundations form.
D. P. O'Brien (1993).
Thomas Joplin and Classical Macroeconomics: A Reappraisal of
Classical Monetary Thought. (Brookfield, VT: E. Elgar,
289 p.). Professor Emeritus of Economics (University of Durham).
Joplin, T. (Thomas), 1790?-1847; Economists --Great Britain
--Biography; Economics --Great Britain --History --19th century;
Monetary policy --Great Britain --History --19th century; Banks
and banking --Great Britain --History --19th century;
Macroeconomics --History --19th century.
D. P. O'Brien (2007).
The Development of Monetary Economics: A Modern Perspective on
Monetary Controversies. (Northampton, MA: E. Elgar, 265
p.). Professor Emeritus of Economics (University of Durham).
Monetary policy --History. Development of economists' ideas
about money and monetary policy (monetary economics) from Jean
Bodin in sixteenth century to Thomas Joplin, Walter Bagehot in
nineteenth century.
Michael Joseph Lalor O'Connor; Intro. by
George Hudson (1974).
Origins of Academic Economics in the United States. (New
York, NY: Garland Pub., 367 p [orig. pub. 1943]). Economics
--Study and teaching --United States; Economics --United States
--History.
Haim Ofek (2001).
Second Nature: Economic Origins of Human Evolution. (New
York, NY: Cambridge University Press, 254 p.). Professor of
Economics (Binghampton University, Sate University of New York).
Human evolution; Economics, Prehistoric; Commerce, Prehistoric;
Economic history. Impact
of economics on human evolution and natural history.
Mancur Olson (1971).
The Logic of Collective Action; Public Goods and the Theory of
Groups. (Cambridge, MA: Harvard University Press, 186
p.). Social groups; Social interaction.
--- (1982).
The Rise and Decline of Nations: Economic Growth, Stagflation,
and Social Rigidities. (New Haven, CT: Yale University
Press, 273 p.). Economic development; Unemployment--Effect of
inflation on; Caste--India; Economics.
Paul Ormerod (2000).
Butterfly Economics: A New General Theory of Social and Economic
Behavior. (New York, NY: Pantheon Books, 217 p.). Head,
Economic Assessment Unit, The Economist. Economic policy;
Economics--Sociological aspects.
Johan Van Overtveldt (2007).
The Chicago School: How the University of Chicago Assembled the
Thinkers Who Revolutionized Economics and Business.
(Chicago, IL: Agate, 432 p.). Director of VKW Metena,
Belgium-based Think Tank; formerly chief economist for Belgian
newsmagazine Trends. Chicago school of economics--History.
In-depth history of
Chicago School of Economics, revolutionized economic orthodoxy
in second half of twentieth century, dominated Nobel Prizes
awarded in economics, changed how business is done around world.
John Perkins (2004).
Confessions of an Economic Hit Man. (San Francisco, CA:
Berrett-Koehler, 264 p.). Former Chief Economist and Director of
Economics and Regional Planning, Chas. T. Main, Inc. Perkins,
John, 1945- ; United States. National Security
Agency--Biography; Chas. T. Main, Inc.; World Bank--Developing
countries; Economists--United States--Biography; Energy
consultants--United States--Biography; Intelligence
agents--United States--Biography; Corporations,
American--Foreign countries; Corporations, American--Corrupt
practices; Imperialism--History--20th century;
Imperialism--History--21st century.
Mark Perlman and Charles R. McCann Jr. (1998)
The Pillars of Economic Understanding: Ideas and Traditions.
(Ann Arbor, MI: University of Michigan Press, 639 p.).
Economics--History.
William Petersen; with a new introduction by
the author (1999).
Malthus. (New Brunswick, NJ: Transaction Publishers, 302
p. [orig. pub. 1979]). Malthus, T. R., (Thomas Robert),
1766-1834; Demographers--Great Britain--Biography;
Economists--Great Britain--Biography.
Paul Poast (2005).
The Economics of War. (New York, NY: McGraw-Hill, 240
p.). Lecturer in Economics (Ohio State University).
War--Economic aspects; War--Economic aspects--United States.
Examples of war to explain
economic concepts (macroeconomics of public spending on
war, game theory from cold war strategy, market monopoly and
industrial structure of arms industry).
Louis Putterman (2001).
Dollars and Change: Economics in Context. (New Haven,
CT: Yale University Press, 284 p.). Professor of Economics
(Brown University). Economics; Economic history; Social history.
John Quiggin (2010).
Zombie Economics: How Dead Ideas Still Walk Among Us.
(Princeton, NJ: Princeton University Press, 238 p.). Professor
of Economics (University of Queensland, Australia). Economics
--History --20th century; Economic policy --History --20th
century; Economics. Crisis killed five core macroeconomic,
financial theories (tenets of free-market economics, "market
liberalism"): origins, consequences, implosion of outdated
system of ideas: efficient-markets hypothesis, trickle-down
economics, privatization, market-based solutions are always
best, deregulation \conquered financial cycle, markets always
best judge of value, policies designed to benefit rich made
everyone better off); what could replace market liberalism.
J. Patrick Raines, Charles G. Leathers (2008).
Debt, Innovations, and Deflation: The Theories of Veblen,
Fisher, Schumpeter, and Minsky. (Northampton, MA
Edward Elgar, 191 p.). Professor of Economics, Dean of the
College of Business Administration (Belmont University);
Professor of Economics (University of Alabama). Deflation
(Finance). Deflation theories of Thorstein Veblen, Irving Fisher, Joseph Schumpeter, Hyman Minsky
in light of growing concern about deflation in early 2000s in
United States; three fundamental questions: 1) ]explanations of
causes of deflation, how those explanations relate to historical
context of economists' writings on deflation; 2) extent to which
four theories have common points, complementarities; 3)
analytical, policy lessons to analyze concerns about deflation
in 2002-2003.
D. D. Raphael, Donald Winch, Robert Skidelsky
(1997).
Three Great Economists. (New York, NY: Oxford University
Press, 382 p.). Smith, Adam, 1723-1790; Malthus, T. R. (Thomas
Robert), 1766-1834; Keynes, John Maynard, 1883-1946;
Economists--Great Britain; Economics--History.
Melvin W. Reder (1999).
Economics: The Culture of a Controversial Science.
(Chicago, IL: University of Chicago Press, 384 p.). Economics;
Economists.
Lord Robbins (1971).
Autobiography of an Economist. (London, UK: Macmillan,
301 p.). Former Professor (London School of Economics). Robbins,
Lionel Robbins, Baron, 1898-1990; Economists--Great
Britain--Biography.
Alessandro Roncaglia (2005).
The Wealth of Ideas: A History of Economic Thought. (New
York, NY: Cambridge University Press, 582 p. [orig. pub. 2001 in
Italian]). Economics--History.
Theodore Rosenof (1997).
Economics in the Long Run: New Deal Theorists and Their
Legacies, 1933-1993. (Chapel Hill, NC: University of
North Carolina Press, 223 p.). Keynes, John Maynard, 1883-1946;
Hansen, Alvin Harvey, 1887- ; Means, Gardiner Coit, 1896- ;
Schumpeter, Joseph Alois, 1883-1950; Economics--History--20th
century; New Deal, 1933-1939; United States--Economic policy.
Ian Simpson Ross (1995).
The Life of Adam Smith. (New York, NY: Oxford University
Press, 495 p.). Smith, Adam, 1723-1790; Economists--Great
Britain--Biography.
W.W. Rostow (1990).
The Stages of Economic Growth: A Non-Communist Manifesto.
(New York, NY: Cambridge University Press, 272 p. [3rd ed.]).
Economic development; Capitalism -- United States; Marxian
economics; Comparative economics.
Paul A. Samuelson (1982).
Foundations of Economic Analysis. (Cambridge, MA:
Harvard University Press, 604 p.). Economics, Mathematical.
Significant work on price theory.
Eds. Paul A. Samuelson and William A. Barnett
(2006).
Inside the Economists Mind: The History of Modern Economic
Thought, as Explained by Those Who Produced It. (Malden,
MA: Blackwell Pub., 456 p.). Economists--Interviews;
Economists--Biography; Economics; Economics--History--20th
century. Interviews with
top economists of 20th century focus on human side and
intellectual dimensions of how economists work and think.
Agnar Sandmo (2011).
Economics Evolving: A History of Economic Thought. (Princeton,
NJ: Princeton University Press, 424 p.). Professor
Emeritus of Economics (Norwegian School of Economics and
Business Administration). Economics. How study of economics has
progressed over course of history, still developing; economic
theory from Adam Smith's Wealth of Nations to late 20th century;
development of theories concerning prices and markets, money and price level, population and capital
accumulation, choice between socialism and market economy; how
important economists have reflected on sometimes conflicting
goals of efficient resource use, socially acceptable income
distribution; lives, times of major economists.
Margaret Schabas (1990).
A World Ruled by Number: William Stanley Jevons and the Rise of
Mathematical Economics. (Princeton, NJ: Princeton
University Press, 192 p.). Jevons, William Stanley, 1835-1882;
Economics, Mathematical.
--- (2005).
The Natural Origins of Economics. (Chicago, IL:
University of Chicago Press, 208 p.). Professor in and Head of
the Department of Philosophy (University of British Columbia).
Economics; Science. Evolution of economic ideas within history of science.
E. F. Schumacher (1998).
Small Is Beautiful; Economics as If People Mattered.
(Vancouver, BC: Hartley & Marks, 290 p. - 25 Years Later...With
Commentaries). Economics.
Jordan A. Schwarz (1987).
Liberal : Adolf A. Berle and the Vision of an American Era.
(New York, NY: Free Press, 452 p.). Berle, Adolf Augustus,
1895-1971; Statesmen--United States--Biography;
Economists--United States--Biography; New Deal, 1933-1939;
United States--Politics and government--1933-1945; United
States--Politics and government--1945-1989.
Paul Seabright (2004).
The Company of Strangers: A Natural History of Economic Life.
(Princeton, NJ: Princeton University Press, 304 p.). Professor
of Economics (University of Toulouse, France). Social capital
(Sociology); Economics--Sociological aspects; Sociobiology;
Strangers; Trust.
Evolutionary, sociological account of emergence of economic
institutions that manage markets, world's myriad other affairs.
Michael Shermer (2007).
The Mind of the Market: Compassionate Apes, Competitive Humans,
and Other Tales from Evolutionary Economics. (New York,
NY: Times Books, 320 p.). Columnist for Scientific American.
Evolutionary economics; Economics--Psychological aspects.
How evolution shaped modern
economy; evolutionary roots of economic behavior (bargaining,
snap purchases, brands, trust in business, holding on to losing
stocks, negotiations as tit-for-tat disputes, cooperation, money
is not happiness, reward in work.
Leonard Silk (1976).
The Economists. (New York, NY: Basic Books, 294 p.).
Economics Reporter (New York Times). Economists--United
States--Biography.
Julian L. Simon (1999).
The Economic Consequences of Immigration. (Ann Arbor,
MI: University of Michigan Press, 434 p. [2nd ed.]).
Immigrants--United States; United States--Emigration and
immigration--Economic aspects. Significant
economic mechanisms by which immigrants affect natives
(transfer-and-tax system, production capital, human capital,
physical infrastructure, productivity, environmental
externalities, unemployment); concludes immigration is, on the
whole, beneficial to U.S. natives (similar experience in Canada,
Australia) - immigrants displace fewer jobs than they create,
are better educated than majority of U.S. workers, are no more a
drain on welfare system than general population.
--- (2002).
A Life Against the Grain: The Autobiography of an Unconventional
Economist. (New Brunswick, NJ: Transaction Publishers,
359 p.). Professor of Economics (University of Maryland). Simon,
Julian Lincoln, 1932- ; Economists United States Biography.
Mark Skousen (2001).
The Making of Modern Economics: The Lives and Ideas of the Great
Thinkers. (Armonk, NY: M.E. Sharpe, 487 p.).
Economics--History; Economics--Philosophy;
Economists--Biography.
--- (2005).
Vienna and Chicago, Friends or Foes?: A Tale of Two Schools of
Free-Market Economics. (Washington, DC: Regnery Pub.,
318 p.). Teaches Economics at Columbia University, Editor of
Forecasts & Strategies. Austrian school of economics; Chicago
school of economics; Economics--History. Monetary policy, business cycle,
government policy, methodology - which is correct in its
theories?
--- (2007).
The Big Three in Economics: Adam Smith, Karl Marx, and John
Maynard Keynes. (Armonk, NY: M.E. Sharpe, Inc., 256 p.).
Teaches Economics at Columbia University, Editor of Forecasts &
Strategies. Smith, Adam, 1723-1790.; Marx, Karl, 1818-1883;
Keynes, John Maynard, 1883-1946; Economists--History;
Economics--Philosophy. Play fundamental role in today's politics and economics: 1) Adam
Smith - laissez faire; 2) Karl Marx - radical socialist model;
3) John Maynard Keynes - big government, welfare state.
Robert Sobel (1980).
The Worldly Economists. (New York, NY: Free Press, 260
p.). Academic (Hofstra University). Economists--United
States--Biography.
George H. Soule (1952).
Ideas of the Great Economists. (New York, NY: Viking,
218 p.). Economics-History.
Thomas Sowell (2004).
Applied Economics: Thinking Beyond Stage One. (New York,
NY: Basic Books, 246 p.). Senior Fellow at the Hoover
Institution (Stanford University). Economics--Political aspects;
Economic policy--Social aspects; Equality; Social problems;
Economic development; Economics.
--- (2006).
On Classical Economics. (New Haven, CT: Yale University
Press, 320 p.). Senior Fellow at the Hoover Institution
(Stanford University). Classical school of economics;
Economics--History. How
certain economic concepts and tools of analysis arose between
1770s and 1870s.
Donald R. Stabile (1996).
Work and Welfare: The Social Costs of Labor in the History of
Economic Thought. (Westport, CT: Greenwood Press, 224
p.). Labor; Wages; Cost and standard of living; Basic needs;
Externalities (Economics); Welfare economics; Economics --
History. Series Contributions in economics and economic history.
--- (2005).
Forerunners of Modern Financial Economics: A Random Walk in the
History of Economic Thought. (Northampton, MA: Edward
Elgar, 173 p.). Professor of the College at St. Mary's College
of Maryland. Finance--Statistical methods--History--20th
century; Capital market--Statistical methods--History--20th
century; Economists--History--20th century; Economics,
Mathematical--History--20th century. Work of economists who used
statistics to analyze financial markets before 1950.
Herbert Stein with Murray Foss (2000).
An Illustrated Guide to the American Economy.
(Washington, DC: AEI Press, 285 p. [3red rev. ed.]). Economic
Conditions, 1981-.
George J. Stigler (1965). Essays in the
History of Economics. (Chicago, IL: University of Chicago
Press, 391 p.). Economics.
--- (1988).
Memoirs of an Unregulated Economist. (New York, NY:
Basic Books, 228 p.). Stigler, George Joseph, 1911- ;
Economists--United States--Biography; Chicago school of
economics.
Michael Szenberg; foreword by Paul A.
Samuelson (1998).
Passion and Craft: Economists at Work. (Ann Arbor, MI:
University of Michigan Press, 314 p.). Economists--Biography;
Economics--Philosophy.
Frank W. Taussig; with a new introduction by
Warren J. Samuels (1989).
Inventors and Money-Makers. (New Brunswick, NJ:
Transaction Publishers, 138 p. [orig. pub. 1930]). Economic man;
Economics--Psychological aspects.
Mark C. Taylor (2004).
Confidence Games: Money and Markets in a World without
Redemption. (Chicago, IL: University of Chicago Press,
395 p.). Cluett Professor of Humanities (Williams College).
Economics--Religious aspects; Art--Economic aspects;
Money--Religious aspects; Economics--Religious
aspects--Christianity.
Richard H. Thaler and Cass R. Sunstein (2008).
Nudge: Improving Decisions about Health, Wealth, and Happiness.
(New Haven, NH: Yale University Press, 304 p.). Robert P. Gwinn
Professor of Behavioral Science and Economics, Director of the
Center for Decision Research, Graduate School of Business
(University of Chicago); Department of Political Science
University of Chicago Law School. Economics--Psychological
aspects; Choice (Psychology)--Economic aspects; Decision
making--Psychological aspects; Consumer behavior.
Humans are susceptible to
various biases that can lead to blunder, mistakes which make us
poorer, less healthy; can design choice environments that make
it easier to choose what is best for themselves, their families,
their society; how thoughtful "choice architecture" can be
established to nudge us in beneficial directions without
restricting freedom of choice.
Robert L. Tignor (2005).
W. Arthur Lewis and the Birth of Development Economics.
(Princeton, NJ: Princeton University Press, 312 p.). Rosengarten
Professor of Modern and Contemporary History (Princeton
University). Lewis, W. Arthur (William Arthur), 1915- ;
Princeton University--Faculty--Biography; African American
economists--Biography; Development economics; Economic
development; Ghana--Economic conditions; Africa--Economic
conditions. New view of
this renowned economist and his impact on economic growth in the
twentieth century.
Rick Tilman (2001).
Ideology and Utopia in the Social Philosophy of the Libertarian
Economists. (Westport, CT: Greenwood Press, 196 p.).
Economics -- Sociological aspects; Libertarianism.
Alvin Toffler and Heidi Toffler (2006).
Revolutionary Wealth: How It Will Be Created and How It Will
Change Our Lives. (New York, NY: Knopf, 492 p.). Toffler
Associates. Economic forecasting; Wealth; Social change; Social
prediction; Economic history--1945- ; Social history--1945- ;
Civilization, Modern--1950- Twenty-first century--Forecasts.
How tomorrow’s wealth will
be created, who will get it, how. money is no longer sole
determinate of wealth.
Paul B. Truscott (2006).
Jingji Xue: History of the Introduction of Western Economic
Ideas into China 1850--1950. (Hong Kong, China: The
Chinese University Press, 550 p.). Professor Emeritus of
Economics (Southern Illinois University).
Economics--History--China--190th century;
Economics--History--China--20th century. How economics, as concept,
intellectual discipline, was introduced, developed in China;
identifies Chinese who studied economics in West, evaluates
their roles in teaching, research, publication in China;
describes, examines activities of Kang Youwei, Liang Qichao, Sun
Yat-sen, Yan Fu in transmitting, interpreting Western economics;
evolution of economics programs in leading Chinese universities.
Lynn Turgeon (1996).
Bastard Keynesianism: The Evolution of Economic Thinking and
Policymaking Since World War II. (Westport, CT:
Greenwood Press, 156 p.). Keynesian economics; United
States--Economic policy; United States--Economic
conditions--1945-.
Peter A. Ubel (2009).
Free-Market-Madness: Why Human Nature Is at Odds with Economics
and Why It Matters. (Boston, MA: Harvard Business
School Press, 224 p.). Professor of Medicine and Psychology
(University of Michigan). Free enterprise; Economics; Human
behavior. Free market theory, human nature
in conflict, can be
dangerous for health, well-being; capitalism inherently exploits
participants' vulnerabilities, requires more government
regulation.
Juan Gabriel Valdés (1995).
Pinochet's Economists: The Chicago School in Chile. (New
York, NY: Cambridge University Press, 334 p.). Chicago school of
economics; Chile--Economic conditions--1973-1988;
Chile--Economic policy.
Jude Wanniski (1998).
The Way the World Works: How Economies Fail--and Succeed.
(New York, NY: Basic Books, 366 p. [4th ed.]). President,
Polyconomics. Economics.
David Warsh (2006).
Knowledge and the Wealth of Nations: A Story of Economic
Discovery. (New York, NY: Norton, 426 p.). Former
Economics Columnist (Boston Globe). Economics--Research--United
States; Economics--Study and teaching--United States;
Economics--United States--History; Economists--United States.
Social world of economic research,
intellectual revolution swept economics profession between late
1970s-late 1980s;
story of new growth theory.
Charles Wheelan; foreword by Burton G. Malkiel
(2002).
Naked Economics: Undressing the Dismal Science. (New
York, NY: Norton, 260 p.). Economics.
Virgle Glenn Wilhite (1958).
Founders of American Economic Thought and Policy. (New
York, NY: Bookman Associates, 442 p.). Economics--United
States--History.
Ed. Paul J. Zak; with a foreword by Michael C.
Jensen. (2008).
Moral Markets: The Critical Role of Values in the Economy.
(Princeton, NJ: Princeton University Press, 386 p.). Director of
the Center for Neuroeconomics Studies, Professor of Economics
(Claremont Graduate University). Economics--Moral and ethical
aspects. Modern market
exchange works only because most people, most of the time, act
virtuously; how rules of market exchange have evolved to promote
moral behavior, how exchange itself may make us more virtuous.
Victor Zarnowitz (1992).
Business Cycles: Theory, History, Indicators, and Forecasting.
(Chicago, IL: University of Chicago Press, 593 p.). Emeritus
Professor of Economics (University of Chicago), leader in study
of business cycles, growth, inflation, forecasting. Business
cycles; Economic forecasting. Theories of business cycle
(Keynesian, monetary theories, rational expectation, real
business cycle theories); trends and cycles in economic
activity, performance of leading indicators, their composite
measures; forecasting tools and performance of business,
academic economists; historical changes in nature, sources of
business cycles; how successfully forecasting firms, economists
predict key economic variables (interest rates, inflation) -
poorly.
Stephen T. Ziliak and Deirdre N. McCloskey
(2008).
The Cult of Statistical Significance: How the Standard Error
Costs Us Jobs, Justice, and Lives. (Ann Arbor, MA:
University of Michigan Press, 352 p.). Professor of Economics
(Roosevelt University); Distinguished Professor of Economics,
History, English, and Communication (University of Illinois at
Chicago). Economics--Statistical methods; Statistics--Social
aspects; Statistical hypothesis testing--Social aspects.
How "statistical significance,"
technique that dominates many sciences, has been huge mistake -
"testing" that doesn’t test, "estimating" that doesn’t estimate.
Authors trace problem to its historical, sociological,
philosophical roots; show how wide the disaster is, how bad for
science.
_____________________________________________________________
Business History Links
Archive for the History
of Economic Thought
http://socserv2.socsci.mcmaster.ca/~econ/ugcm/3ll3/
"This archive is an attempt to collect in one place a large
number of significant texts in the history of economic
thought... including representative texts of all of the major
thinkers and schools of thought; and most of the sub-fields of
economics."
ArgMax: Economics News, Data, and
Analysis
http://www.argmax.com/
Created by John Irons, an assistant professor of economics at
Amherst, the ArgMax Web site (named after a mathematical terms
utilized in economics) provides a host of current news, data,
and topical analysis of economics. Updated frequently by a
newsbot, the news and commentary section is divided into several
themed sections and drawn from a wide number of online sources.
After reading some of these articles, visitors may want to
consult the online economics glossary that offers brief
explanations of terms ranging from absolute advantage to wire
transfer. Another section contains the blog that Irons writes
for the site and various articles of interest. The seemingly
innocuous "Stuff" section contains some nice gems, including an
interview with Irons about becoming involved in the field of
economics. Overall, the site is a nice way for people who are
familiar (or just getting acquainted) with the discipline.
The Bank of Sweden Prize in Economic
Sciences in Memory of Alfred Nobel
http://www.nobel.se/economics/laureates/2001/
Dead Economists Society
http://cac.psu.edu/~jdm114
Dear Economist
http://www.timharford.com/deareconomist/
Column in the Financial Times - answers readers' personal
problems with the tools of Adam Smith.
EconLog
http://econlog.econlib.org/
Issues and Insight in Economics. Arnold Kling received his Ph.D.
in economics from MIT in 1980; was economist on staff of the
Board of Governors of Federal Reserve System from 1980-1986;
senior economist at Freddie Mac from 1986-1994; adjunct scholar
with Cato Institute; teaches statistics, economics at Berman
Hebrew Academy (Rockville, MD); Associate Professor of Economics
(George Mason University), adjunct scholar of the Cato
Institute.
Economic Growth Center
http://www.econ.yale.edu/~egcenter/
Founded in 1961 by faculty in the Economics Program at Yale
University, objective of studying and promoting understanding of
the economic development process within low-income countries and
how development is affected by trade and financial relations
between these countries and those that developed earlier.
Economic Indicators
http://www.economicindicators.gov/
Brought to you by the Economics and Statistics Administration
(ESA) - the bureau within the U.S. Department of Commerce where
economic and social change is chronicled, understood, and
explained. Our mission is to provide timely access to the daily
releases of key economic indicators from the Bureau of Economic
Analysis and the U.S. Census
Economics Blogs
(392)
http://econolog.net/blogs.php
Econolog collects data from hundreds of economics blogs and then
does useful and interesting things with that data. From Palgrave
Macmillan.
Economics Journals
Http://Www.Elsevier.Nl/Homepage/Sae/Econbase/Menu.Sht
economicprincipals.com
http://www.economicprincipals.com/index.html
Economic Principals appeared for more than 18 years as a column
in the Business section of The Boston Globe. It moved to the Web
in March 2002. The aim: to keep track of what’s going on in
technical economics, through the device of regular short
profiles of various movers and shakers – hence the pun.
Economic Statistics
Briefing Room
http://www.whitehouse.gov/fsbr/esbr.html
"The purpose of this service is to provide easy access to
current Federal economic indicators. It provides links to
information produced by a number of Federal agencies," including
statistics about output, income, employment, production,
transportation, and international matters. Part of the White
House Web site. Subjects: Economics; Statistics.
Educational Resources from the
Federal Reserve Bank of San Francisco
http://www.frbsf.org/education/
High-quality resources about economics, home lending rates,
world of economists. Primary sections of the site include
"Student Activities", "Teacher Resources", and "Publications".
In the "Student Activities" area visitors can ask questions for
"Ask Dr. Econ", play the "Great Economists Treasure Hunt", and
also visit "FedVille", which offers young people an introduction
to the world of the Federal Reserve. The "Teachers Resources"
area contains curriculum materials, and a personal finance
lesson plan and game. The "Popular Content" area includes an
introduction to U.S. monetary policy, information about credit
reports and the Economic Letter, which includes short essays on
current topics by economists.
Federal Reserve Archival System for
Economic Research
http://fraser.stlouisfed.org/
Project of the Federal Reserve Bank of St. Louis’ Center for
Economic Documents Digitization (CEDD), which seeks to preserve
the nation's economic history through digitization; consists of
an open archive of economic statistical publications and data
within an automated system to retrieve both images and data; St.
Louis Fed has been famous for its advocacy of Monetarism, which
was counter to what most of the economists at the Board of
Governors and other Federal Reserve Banks thought.
FRASER - The Federal Reserve Archival
System for Economic Research
http://fraser.stlouisfed.org
Selected historical economic and statistical publications,
including Economic Indicators, 1948-2005, bank statistics,
Productivity and Costs, and more.
Freakonomics: The Blog
http://www.freakonomics.com/blog.php
A Rogue Economist (University of Chicago) Explores the Hidden
Side of Everything.
Free Economic Data at FreeLunch.com
http://www.economy.com/freelunch/default.asp
"Moody's Economy.com FreeLunch.com is the web's best source of
free economic data. Users can quickly and easily chart and
download economic data."
Great Economists and Their Times
Http://Www.Frbsf.Org/Econedu/Curriculum/Great/
From the Federal Reserve Bank of San Francisco, Great Economists
and Their Times is a basic history of economic thought from 1730
to 1990. A complete timeline charts schools of thought as well
as significant moments in the economy including John Kay
patenting the flying shuttle and Marie Curie discovering radium.
There is a short paragraph about each economist which links to
his era on the timeline, as well as a six paragraph summary of
the economic theories of the past 250 years. After studying this
site, users are invited to play a pirate-inspired quiz about the
history of economics. This site is ideal for those just
beginning to learn about economic theory.
Gross Domestic Product: Case Study
http://www.econedlink.org/lessons/index.cfm?lesson=
EM225&page=teacher
Teaching economics at the high school or college level can be
tremendously interesting, and at the same time, it can be
difficult to find high-quality classroom resources for this
particular discipline. The EconEdLink website (created by the
National Council on Economic Education) is a great place to find
just such resources, including this recent lesson plan and
activity. Written by Stephen Buckles of Vanderbilt University,
this lesson deals with the world of the gross domestic product
(GDP). The goals of this particular activity are to provide
teachers and students with access to easily understood monthly
announcements of rates of change in real GDP, along with
questions and activities that will help reinforce understanding
of relevant concepts. The site includes access to teacher
materials, key economic concepts, and basic explanations of what
is included within the GDP and how it is tabulated.
History of
Economic Thought
http://cepa.newschool.edu/het
Repository of collected links and information
on the history of economic thought, from the ancient times until
the modern day. It is designed for students and the general
public, who are interested in learning about economics from a
historical perspective; set up independently as a labour of love
by Gonçalo L. Fonseca (graduate students of economics Goncalo
L. Fonseca, John Hopkins University) ; developed under the
auspices and is hosted by the Department of Economics of the New
School for Social History Research.
History of
Economics Society
http://historyofeconomics.org/
Established in May 1974 to encourage interest,
foster scholarship, and promote discussion among scholars and
professionals in the field of the history of economics.
Hoover Institution:
Milton Friedman
http://www.hoover.org/bios/friedman
Biography of economist Milton Friedman, "recipient of the 1976
Nobel Memorial Prize for economic science [and] a senior
research fellow at the Hoover Institution from 1977 to 2006. He
passed away on Nov. 16, 2006." Discusses Friedman's work on
monetary economics, his writing on public policy, and other
accomplishments. Also includes transcripts, audio, and video
from talks and interviews. From the Hoover Institution on War,
Revolution and Peace, Stanford University.
IDEAS
http://ideas.repec.org/
"The largest bibliographic database dedicated to Economics and
available on the Internet. Over 200,000 items of research can be
browsed or searched, and over 110,000 can be downloaded in full
text." Useful for public policy and finance issues as well as
pure economics.
Immigration to the United
States, 1789-1930
http://ocp.hul.harvard.edu/immigration/
Created as part of the Open Collections Program at Harvard
University, this online archive includes approximately 1,800
books, 6,000 photographs, and 200 maps. Visitors will be able to
browse through the records of the Immigration Restriction League
and look at images in Harvard’s Social Museum, which was
established in 1903 to illustrate "problems of the social
order."
Index of Economic Freedom
http://www.heritage.org/research/features/index/
This annual publication "measures 161 countries against a list
of 50 independent variables divided into 10 broad factors of
economic freedom. Low scores are more desirable. The higher the
score on a factor, the greater the level of government
interference in the economy and the less economic freedom a
country enjoys." Covers trade policy, monetary policy, property
rights, banking and finance, and other issues. A project of The
Heritage Foundation and the Wall Street Journal. Subjects:
Economic policy; Free enterprise; Economic indicators.
Inside the Vault [pdf]
http://www.stls.frb.org/publications/itv/default.html
A number of recently published books have reinvigorated the
public’s general interest in the so-called "dismal science" of
economics, and students across the country have shown a penchant
for enrolling in beginning and advanced economic courses during
their time in higher education. One fine tool to explore some
aspects of economics is the Inside the Vault newsletter, which
is published by the Federal Reserve Bank of St. Louis. Published
biannually, the newsletter contains several feature articles, a
lesson plan for teachers, and a delightful "Q&A" section. The
"Q&A" section is helpful for students in particular, as it
answers such topical queries as "Why are many states
experiencing budget deficits?" and "Why is the growth rate of
the U.S. economy stronger than that of Western European
countries?" Visitors may also wish to view previous issues of
the newsletter, which are also available here, all the way back
to 1996.
Jokec
Http://Netec.Wustl.Edu/Jokec.Html
The lighter side of the Dismal Science, JokEc is a collection of
economics jokes. Ranging from one-liners to economics poetry,
JokEc aims for non-offensive economic humor. Although he
promises that he has tried to edit out all "personal or dirty
jokes," Finnish creator Pasi Kuoppamaki has included a
disclaimer, cautioning against possible offense. JokEc is a
section of WebEc (reviewed in the January 10, 1997 Scout Report)
and is mirrored in Finland, Japan, and the UK.
John Stuart Mill Links
http://www.jsmill.com/
Considered one of the most important philosophers of the 19th
century, John Stuart Mill was born in 1806 to one James Mill,
part-time philosopher and economist, and full-time official in
the East India Company. Educated by both his father and the
philosopher Jeremy Bentham, Mill learned Greek by age three,
Latin shortly thereafter, and was a competent logician by age
12. After suffering a mental breakdown at the age of 20, Mill
decided he would commit himself to persuading the general public
of the need for a scientific and rational approach to
understanding social, political, and economic change. Mill
penned some of the most powerful statements on the behalf of
utilitarianism during his life, including one of his most
enduring works, Utilitarianism. This Web site (offered in
numerous different languages) is a compilation of links to works
by and about Mill, including full-text versions of such works as
"On Liberty", "Principles of Political Economy", and his
Autobiography. Equally compelling are the works about Mill also
to be found here, most notably Isaiah Berlin's 1959 article,
John Stuart Mill and the Ends of Life.
The Library of Economics and Liberty
http://econlog.econlib.org/
Economics-oriented weblog or "blog" (a thematic online
collection or journal of short articles featuring brief reviews
and highlighting new links of current interest) - provides many
helpful resources for thinkers, readers, colleges, online news
sources, newspapers and magazines, librarians, professors, and
more. It is an ongoing collection of short, topical articles and
insights on the week's issues in economics. Entries take current
topics in the news and highlight objective economic analyses.
They also offer discussion questions designed to focus thinking
for readers or for classroom use.
McMaster
University Archive for the History of Economic Thought
http://socserv2.socsci.mcmaster.ca:80/~econ/ugcm/3ll3/index.html
The Archive for the History of Economic Thought - web site from
McMaster University, maintained by Rod Hay, University of Guelph
economics department) provides access to a variety of material
relating to economic history; an attempt to collect in one place
a large number of significant texts in the history of economic
thought (representative texts of all of the major thinkers and
schools of thought; and most of the sub-fields of economics).
The archive is a work in progress that may never be completed.
There are mirror sites at the University of Bristol (maintained
by Tony Brewer) and at the University of Melbourne (maintained
by Robert Dixon).
National Association for Business
Economics [pdf]
http://www.nabe.com/index.html
Founded in 1959, the National Association for Business Economics
(NABE) has a mission that is both simple and to the point: "To
provide leadership in the use and understanding of economics".
As such, there is a wide range of material presented on their
website that will both interest and delight those with a
penchant for business economics and its various applications.
First-time users may wish to start by looking over their
in-house newsletter, the NABE News, or take a look at some of
the articles in the latest issue of their journal, Business
Economics. One of the most valuable features on the site is the
"Links" area. The area contains links to other helpful sites
organized by topic, such as macroeconomic data, regional
economic data, economic think tanks, and of course, economics
blogs.
National Bureau of Economic Research
[NBER]
http://www.nber.org/
NBER is "a private, nonprofit, nonpartisan research organization
... committed to undertaking and disseminating unbiased economic
research among public policymakers, business professionals, and
the academic community." Subject search and abstracts are free;
organizations and individuals can subscribe to the full service,
or purchase individual reports and books.
National Council on
Economic Education
http://www.ncee.net/
A unique nonprofit partnership of leaders in education, business
and labor devoted to helping youngsters learn to think, to
choose and to function in a changing global economy. Founded in
1949, and the premier source of teacher training and materials
used to instill an understanding of economic principles for
grades kindergarten through twelve. A nationwide network of
state councils and over 260 university-based centers called EconomicsAmerica and also an international economics training
initiative called EconomicsInternational, which carries market
principles to the world.
National Economics Challenge
http://economicschallenge.ncee.net/
The NCEE/Goldman Sachs National Economics Challenge is a state,
regional and national competition for high school students
designed to increase their understanding of and interest in
economics and finance. Students compete in teams for a chance to
win prizes and a trip to New York City to compete in the
national finals. There are competitions in 35 states. There are
two divisions--the Adam Smith division for students in AP, IB,
honors, and two-semester classes and the David Ricardo division
for students in all other economics classes. The winners of both
divisions of the state competitions will advance to the regional
competitions which will be on April 22, 2005. The regional
winners and their teachers will receive $1,000 U.S. Savings
Bonds, and the runner-up teams and their teachers will receive
$500 U.S. Savings Bonds. The winners of both divisions of the
regional competitions will advance to the national finals in New
York City on May 21-23, 2005. Each member of the national
championship teams and their teachers will receive $3,000 U.S.
Savings Bonds, and the runner-up teams and their teachers will
receive $1,500 U.S. Savings Bonds. Most travel expenses for the
regional and national competitions will be paid by NCEE.
Oddball Indicators Run the Gamut From
Hemlines to Picket Lines
http://www.nctimes.com/articles/2006/01/31/science/ kleske/13006192955.txt
Amusing 2006 newspaper column discusses various traditional and
non-traditional indicators for predicting the economy.
Non-traditional indicators include the hemline index that
"portends that the more leg we see, the higher the stock market
will be," a mass transit index, and projections for sales of
golf balls. Includes links to related sites. From the North
County Times (San Diego, California).
Online Economics Textbooks
Http://Www.Oswego.Edu/~Economic/Newbooks.Htm
Introductory Economics, Introductory Microeconomics,
Intermediate Microeconomics, International Economics,
Econometrics, Game Theory, Law and Economics, Public Choice,
Production Economics, Public Finance.
Powell Center for Economic
Literacy
http://www.powellcenter.org/
Established in 1979 as the E. Angus Powell Endowment for
American Enterprise (former Chairman of the Board of the Federal
Reserve Bank of Richmond, Chairman of the Board of Trustees at
Collegiate School in Richmond); 2005 - endowment name changed to
the Powell Center for Economic Literacy to more aptly reflect
the endowment's mission and accomplishments. Promotes its cause
locally and nationally through a variety of programs available
to teachers and students.
RePEc [Research
Papers in Economics]
http://repec.org/
A "collaborative effort of over 100 volunteers in 41 countries
to enhance the dissemination of research in economics." The site
provides a database of bibliographic records with links to
thousands of working papers, journal articles, software
components, book and chapter listings, and other resources
related to economics. "IDEAS" provides access to the complete
database, or browse and search specific database sections.
Subjects: Economics -- Research...
Resources for Economists on the Internet
http://rfe.org/
This guide is sponsored by the American Economic Association. It
lists 1,265 resources in 74 sections and sub-sections available
on the Internet of interest to academic and practicing
economists, and those interested in economics. Almost all
resources are also described.
RGE Monitor
http://www.rgemonitor.com/
Co-founded by Nouriel Roubini, Professor of Economics at New
York University's Stern School of Business in 2004. Delivers
ahead-of-the-curve global economic insights for financial
professional. Our analysts define key economic and geostrategic
debates and continuously distill the best thinking on all sides.
This intelligence, along with exclusive analysis from
internationally-known experts, is accessed through a powerful
Web interface that provides both focused snapshots and deeper
perspectives.
University of Chicago Economic Sciences
Nobel Laureates
http://www.news.uchicago.edu/resources/nobel/economics.html
Visualizing Economics
http://www.visualizingeconomics.com/
"Making the 'Invisible Hand' Visible." Under the guidance of
Catherine Mulbrandon, the site brings together economic data and
the powerful techniques of information visualization
through such thematic maps as "Where do Britain's rich and poor
live?" and the "United States Household Income Map". Visitors
can make their way through the maps here at their leisure, and
also post their comments as they see fit. Additionally, users
can look through the "Most Popular Posts" area and sign up to
receive updates about new maps via email.
Ludwig von Mises Institute
http://www.mises.org/
Formally established in October 1982 and located in Auburn,
Alabama. The Ludwig von Mises Institute is the research and
educational center of classical liberalism, libertarian
political theory, and the Austrian School of economics.
Institute has 250 faculty members working with it on one or more
academic projects. With their help, and thousands of donors in
50 states and 64 foreign countries, the Institute has held more
than 500 teaching conferences, including the Mises University,
and seminars on subjects from monetary policy to the history of
war, as well as international and interdisciplinary Austrian
Scholars Conferences.
WebEc: World Wide Web
Resources in Economics
http://netec.wustl.edu/WebEc/
An extensive categorized, annotated, and searchable directory of
economic resources. (Note: For best search options, click on the
"Search" link at the bottom of the menu.) A Virtual Library
site. Subjects: Economics.
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