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"Based on themes emerging from his popular Conversations with Economists (1983), Arjo Klamer once again distinguishes himself from other academic economists by writing about the profession - and its foibles - in plain English. How is it that a discipline that so permeates daily life is at once "soft" and scientific, powerful and ignored, noble and disdained? Here is an attempt to make sense of all that. Whether you are a student, academician, journalist,...
2) Economics
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Discusses 50 influential practitioners and theorists in the history of world economics, and 10 economic schools of thought.
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Richard Vietor shows how governments set direction and create the climate for a nation's economic development and profitable private enterprise. Drawing on history, economic analysis, and interviews with executives and officials around the globe, he provides examinations of different government approaches to growth and development.
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"In Ethics in Economics, Jonathan B. Wight provides an overview of the role that ethical considerations play in economic debates. Whereas much of the field tends to focus on welfare outcomes, Wight calls for a deeper examination of the origin and evolution of our moral norms. He argues that economic life relies on three interrelated ethical systems: outcome-based, duty- and rule-based, and virtue-based. Integrating contemporary theoretical and applied...
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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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Why did the size of the U.S. economy increase by 3 percent on one day in mid-2013 - or Ghana's balloon by 60 percent overnight in 2010? Why did the U.K. financial industry show its fastest expansion ever at the end of 2008 - just as the world's financial system went into meltdown? This title deals with these questions.
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"Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people. Whether buying a clock radio, selling basketball tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards of rationality assumed by economists. In other words, we misbehave. More importantly, our misbehavior has serious consequences. Dismissed at first...
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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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A distinctive combination of post-Keynesian, institutional and gender analysis is utilised in this unique study of economics at the household level. The author poses questions that cut across rigidly determined areas of inquiry, such as gender and money and micro- and macroeconomic analysis.
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Reframes the debate about Africa's growth or lack thereof, challenging mainstream accounts of African economic history.
For the first time in generations, Africa is spoken of these days with enthusiastic hope: no longer seen as a hopeless morass of poverty, the continent instead is described as "Africa Rising," a land of enormous economic potential that is just beginning to be tapped. With Africa: Why Economists Get It Wrong, Morten Jerven offers...
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"We take for granted today that the assessments, measurements, and forecasts of economists are crucial to the decision-making of governments and businesses alike. But less than a century ago that wasn't the case - economists simply didn't have the necessary information or statistical tools to understand the ever more complicated modern economy. With Political Arithmetic, Nobel Prize-winning economist Robert Fogel and his collaborators tell the story...
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In a well reasoned analysis, Korten exposes the harmful effects of economic globalisation, sets out the underlying causes of today's social, environmental and political crisis and outlines a strategy for creating localised economies.
In this book, David Korten updates the reader as to the deepening human crisis of the global economy. The gap between the rich and poor continues to grow, and the planet continues to be exploited. He writes of the new...
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