Steven N. Durlauf
Description
The award-winning The New Palgrave Dictionary of Economics, 2nd edition consists of over 1,900 articles written by leading figures in the field including Nobel prize winners. This scholarly reference work is written on the level of postgraduate or advanced undergraduate, as the text employs a fair amount of economic and mathematical terminology. The articles are well beyond textbook summaries, but not quite as comprehensive as those in various single-subject...
Description
Much popular belief, and public policy, rests on the idea that those born into poverty have it in their powers to escape. But the persistence of poverty and ever-growing economic inequality around the world has led to many economists to seriously question the model of individual economic self-determination when it comes to the poor. In this book, the contributors argue that there are many conditions that may trap individuals, groups, and whole economies...