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A curated collection from the most readable economics blog in the universe. Over the past decade, Levitt and Dubner freely admit that most of their posts were rubbish. But now they've gone through and picked the best of the best. You'll discover what people lie about, and why; the best way to cut gun deaths; why it might be time for a sex tax; and, yes, when to rob a bank. (Short answer: never; the ROI is terrible.).
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+Mile Durkheim's work has traditionally been viewed as a part of sociology removed from economics. Rectifying this perception, Durkheim and the Birth of Economic Sociology is the first book to provide an in-depth look at the contributions made to economic sociology by Durkheim and his followers. Philippe Steiner demonstrates the relevance of economic factors to sociology and shows how the Durkheimians inform today's economic systems.
Steiner argues...
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From the Publisher: Freakonomics was a worldwide sensation, selling more than four million copies. Now Steven D. Levitt and Stephen J. Dubner return with SuperFreakonomics ... SuperFreakonomics challenges the way we think all over again, with such questions as: How is a street prostitute like a department-store Santa? What's the best way to catch a terrorist? What do hurricanes, heart attacks, and highway deaths have in common? Are people hardwired...
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What do sex, contraceptives, marriage, divorce, alcohol, religion, politics, crime, and punishment have in common with inflation, monopoly, and exchange rates? The answer given in this book is that the formers are all aspects of human behavior, which, like the latter, can be analyzed and modeled using conventional economic methods. The application of economic reasoning to human behavior, which was until recently considered to be beyond the scope of...
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When economists wrestle with issues such as unemployment, inflation, or budget deficits, they do so by incorporating an impersonal, detached mode of reasoning. But economists also analyze issues that, to others, do not typically fall within the realm of economic reasoning, such as organ transplants, cigarette addiction, smoking in public, and product safety. Trade-Offs is an introduction to the economic approach to analyzing these controversial public...
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"What explains the growing class divide between the well educated and everybody else? Noted author Brink Lindsey, a senior scholar at the Kauffman Foundation, argues that it's because economic expansion is creating an increasingly complex world in which only a minority with the right knowledge and skills--the right "human capital"--reap the majority of the economic rewards. The complexity of today's economy is not only making these lucky elites richer--it...
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In this program, Hazel Henderson and Louis Bohtlingk, author of Dare to Care, discuss the growth of the new sharing economy, including open source volunteerism, crowdfunding, and local currencies. People can overcome the domination of money over their lives by participating in new opportunities for sharing services, exchanging community forms of wealth, and fostering local relationships.
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While most people are familiar with The Protestant Ethic and the Spirit of Capitalism, few know that during the last decade of his life Max Weber (1864-1920) also tried to develop a new way of analyzing economic phenomena, which he termed "economic sociology." Indeed, this effort occupies the central place in Weber's thought during the years just before his death. Richard Swedberg here offers a critical presentation and the first major study of this...
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Using Mumbai as a case study this title explores the reasons for rapid urbanization in Low Income Countries (LICs) and Newly Emerging Economies (NEEs) and the emergence of megacities. It looks at the location and importance of Mumbai and considers the causes of its urban growth. It then goes on to illustrate the challenges, opportunities and inequalities found within a megacity.
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Providing a basic income to everyone, rich or poor, active or inactive, was advocated by Paine, Mill, and Galbraith but the idea was never taken seriously. Today, with the welfare state creaking, it is one of the world's most widely debated proposals. Philippe Van Parijs and Yannick Vanderborght present a comprehensive defense of this radical idea--Provided by publisher.
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"In 1995, economist Rachel Kranton wrote future Nobel Prize-winner George Akerlof a letter insisting that his most recent paper was wrong. Identity, she argued, was the missing element that would help to explain why people--facing the same economic circumstances--would make different choices. This was the beginning of a fourteen-year collaboration--and of Identity Economics. Identity economics is a new way to understand people's decisions--at work,...
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Across the world - Egypt, Greece, Spain, Brazil - citizens are turning angrily to their governments to demand economic fair play and equality. But here in America, with few exceptions, the streets and airwaves remain relatively silent. In a country as rich and powerful as America, why is there so little outcry about the ever-increasing, deliberate divide between the very wealthy and everyone else? In this edition of Moyers & Company, Bill is joined...
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"In this landmark work, a Nobel-prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the kind and quality of institutions that support markets. As he showed in two now classic books that inspired the New Institutional Economics (today a subfield of economics), property...
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"To many, Thomas Carlyle's put-down of economics as "the dismal science" is as fitting now as it was 150 years ago, but Diane Coyle argues that economics today is more soulful than dismal, a more practical and human science than ever before. In contrast to Freakonomics, which applied economics to unlikely or even eccentric subjects such as baby names and drug gangs, The Soulful Science describes the remarkable creative renaissance in how economics...
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Work is, and always will be, a central institution of society. What makes a capitalist society unique is that it treats the human capacity to engage in labor as a basic commodity. This can be a source of dynamism, as when innovative firms raise wages to attract the best and brightest. But it can also be a source of misery, as when one's skills are suddenly rendered obsolete by forces beyond one's control. Jeffrey J. Sallaz asks us to rethink our basic...
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'Cultures Merging' aims to decide how far culture determines economic life as opposed to being itself a product of the economy. The examination is considered against the long-run history of five major world cultures - Europe, the United States, Australia, the Middle East and East Asia.
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"This book applies principles of microeconomics to unusual settings to inspire students, teachers and scholars alike in the 'dismal science'. Leading experts show how economics reaches into the strangest of places and throws light onto the occasionally dark side of human nature." "'Sins and Needles' examines the economics of drug addiction, prohibition and liberalization; 'Guns and Roses' looks at the contribution economists can make to understanding...
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