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"At last! A new edition of the economics book that won't put you to sleep. In fact, you won't be able to put this bestseller down. In our challenging economic climate, this perennial favorite of students and general readers is more than a good read, it's a necessary investment--with a blessedly sure rate of return. This revised and updated edition includes commentary on hot topics such as automation, trade, income inequality, and America's rising...
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"Robin Broad and John Cavanagh dive into the middle of the central challenges of Third World development that have bedeviled academics and policymakers alike: what should be the goal of 'development' and what are the best means to achieve it? They do so by inviting readers on a journey through the rise and fall of the one-size-fits-all model of development that richer nations began imposing on poorer ones three decades ago. That model - called the...
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In Capitalism and Commerce, Edward W. Younkins provides a clear and accessible introduction to the best moral and economic arguments for capitalism. Drawn from over a decade of business school teaching, Younkins's work offers the student of political economy and the educated layperson a clear, systematic treatment of the philosophical concepts that underpin the idea of capitalism and the business, legal, and political institutions that impact commercial...
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"The modern world is the marriage of morals and markets. Marital frictions between these two seemingly divergent forces can bring financial meltdowns, environmental disasters, criminal gangs, terrorism and war. Yet sometimes the marriage works well and spreads health and wealth across the globe. The book draws on recent academic research in evolutionary game theory and behavioral economics, and tells familiar stories like the rise of Google as well...
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"The debate on globalization has reached a level of passionate intensity that inhibits rational discussion. In this book, one of the world's foremost economic commentators explains how globalization works and why it makes sense. Martin Wolf confronts the charges against globalization, delivers a devastating critique of each and outlines a more hopeful future."--Jacket.
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Akerlof and Shiller argue that markets harm as well as help us. As long as there is profit to be made, sellers will systematically exploit our psychological weaknesses and our ignorance through manipulation and deception. Based on the intuitive idea that markets both give and take away, they show how phishing affects everyone, in almost every walk of life. We spend our money up to the limit, and then worry about how to pay the next month's bills....
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Through the stories of people linked by the world's largest corporation, Bethany Moreton shows how a Christian service ethos powered capitalism at home and abroad. While industrial America was built by and for the urban North, rural Southerners comprised much of the labor, management, and consumers in the postwar service sector that raised the Sun Belt to national influence. These newcomers to the economic stage put down the plough to take up the...
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"Examining the actual impact of economic globalization in every region of the world, from Africa and Asia to Russia and Latin America, Chua exposes an unexpected reality. In every one of these regions, free markets have concentrated disproportionate, often spectacular wealth in the hands of a resented ethnic minority." "Adding democracy to this volatile mix unleashes suppressed ethnic hatreds and brings to power ethno nationalist governments that...
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"In a book that effectively predicted the collapse of the Asian markets, John Gray argues that the attempt to impose the Anglo-American-style free market on the world will create a disaster on the scale of Soviet communism. Even America, the supposed flagship of the new civilization, is doomed to moral and social disintegration as it loses ground to other cultures that have never forgotten that the market works best when it is embedded in society....
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'In this hard-hitting but measured and carefully reasoned book, Burke contends that the economic marketplace should be completely free from government regulation, except for third-party effects, such as the environment. No Harm illuminates the economic issues with insightful emphasis on the moral dimension. Using the Principle of Mutual Benefit and the Principle of No Harm, both developed in much detail, together with an analysis of the concept of...
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"Hosmer explores what happened when cultural identity and economic opportunity converged among two Native American communities that used community-based industries to both generate income and sustain their cultures. Comparing a lumber business run by the Menominees of Wisconsin and a salmon cannery established by British Columbian and Alaskan Tsimshian communities known as Metlakatla, Hosmer reveals how each tribe responded to market and political...
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"Since colonial times, two discernable schools have debated major issues of economic morality in America. The central norm of one morality is the freedom, or autonomy, of the individual and defines virtues, vices, obligations, and rights by how they contribute to that freedom. The other morality is relational and defines economic ethics in terms of behaviors mandated by human connectedness. America's Economic Moralists shows how each morality has...
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"In Freedom Reclaimed, John E. Schwarz examines the profound implications of the difference between the vision of American freedom that the founders enshrined in the Declaration of Independence and the free-market idea of freedom that is ascendant today. Schwarz shows how the three-decade shift toward free-market freedom has brought economic hardship to the majority of Americans and suffering to the political life of the nation. As the nation moves...
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Focusing on the economic culture of colonial New England, Heavenly Merchandize views commerce through the eyes of four generations of Boston merchants, drawing upon their personal letters, diaries, business records, and sermon notes to reveal how merchants built a modern form of exchange out of profound transitions in the puritan understanding of discipline, providence, and the meaning of New England. --From publisher's description.
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