NEW IN

BUSINESS & ECONOMICS:

Economic Conditions

The Return to Keynes
Edited by Bradley Bateman
Edited by Toshiaki Hirai
Edited by Maria Cristina Marcuzzo
Keynesian economics, which proposed that the government could use monetary and fiscal policy to help the economy avoid the extremes of recession and inflation, held sway for thirty years after World War II. However, it was discredited after the stagflation of the 1970s, only to see a rebirth, most dramatically illustrated during the past year when central banks have pumped billions of dollars of liquidity into the world’s financial system to address the crises of confidence, illiquidity, and insolvency that were triggered by the sub-prime lending crisis. The Return to Keynes puts Keynesian economics in a fresh perspective in order to assess this surprising new era in economic policy making.
Hardcover February 2010
The Creation and Destruction of Value
Harold James
Harold James examines the vulnerability and fragility of processes of globalization, both historically and in the present. This book applies lessons from past breakdowns of globalization—above all in the Great Depression—to show how financial crises provoke backlashes against global integration: against the mobility of capital or goods, but also against flows of migration. The book shows the looming psychological and material consequences of an interconnected world for people and the institutions they create.
Hardcover September 2009
A Failure of Capitalism
Richard A. Posner
The financial and economic crisis that began in 2008 is the most alarming of our lifetime because of the warp-speed at which it is occurring. Posner presents a concise and non-technical examination of this mother of all financial disasters and of the, as yet, stumbling efforts to cope with it.
Hardcover May 2009