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Kotaro Suzumura is one of the world’s foremost thinkers in social choice theory and welfare economics. Bringing together essays that have become classics in the field, Choice, …
A New York Times BestsellerAn NPR Best Book of the YearThe epic successor to one of the most important books of the century: at once a retelling of global history, a scathing …
A new history shows that, despite Marxism's rejection of money, the ruble was critical to the Soviet Union's promise of shared prosperity for its citizens.In spite of Karl Marx's …
A distinguished Yale economist and legal scholar's argument that law, of all things, has the potential to rescue us from the next economic crisis.After the economic crisis of 2008, …
An Economist Best Book of the YearA Financial Times Best Book of the YearA Foreign Affairs Best Book of the YearA ProMarket Best Political Economy Book of the YearOne of The Week's …
The ABCs of RBCs is the first book to provide a basic introduction to Real Business Cycle (RBC) and New-Keynesian models. These models argue that random shocks—new inventions, …
In the pages of this intriguing volume, a cure to stagflation seems to be at hand. Martin L. Weitzman, one of America’s leading economic theorists, has hit upon a central feature …
The People’s Bank of China surpasses the Federal Reserve as the world’s biggest central bank. In the first comprehensive account of the evolution of central banking and monetary …
Economies are constantly in flux, and economists have long sought reliable means of analyzing their dynamic properties. This book provides a succinct and accessible exposition of …