
- The Return to Keynes
- 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

- Better Living through Economics
- Economists were obviously instrumental in revising the consumer price index and in devising auctions for allocating spectrum rights to cell phone providers in the 1990s. But perhaps more surprisingly, economists built the foundation for eliminating the military draft in favor of an all-volunteer army in 1973, for passing the Earned Income Tax Credit in 1975, and for implementing the Pension Reform Act of 2006 that allowed employers to automatically enroll employees in a 401(k).Better Living Through Economics consists of twelve case studies that demonstrate how economic research has improved economic and social conditions over the past half century by influencing public policy decisions.
- Hardcover January 2010

- Natural Experiments of History
- This book consists of eight comparative studies drawn from history, archeology, economics, economic history, geography, and political science. The studies cover a spectrum of approaches, ranging from a non-quantitative narrative style in the early chapters to quantitative statistical analyses in the later chapters. The societies discussed are contemporary ones, literate societies of recent centuries, and non-literate past societies. Geographically, they include the United States, Mexico, Brazil, western Europe, tropical Africa, India, Siberia, Australia, New Zealand, and other Pacific islands.
- Hardcover January 2010

- Prophet of Innovation
- The destruction of businesses, fortunes, products, and careers is the price of progress toward a better material life. No one understood this economic principle better than Schumpeter, who made his mark as the prophet of incessant change. Drawing on all of Schumpeter's writings, including many intimate diaries and letters never before used, this biography paints the full portrait of a magnetic figure who aspired to become the world's greatest economist, lover, and horseman--and admitted to failure only with the horses.
- Paperback November 2009

- The Race between Education and Technology
- This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. During the first eight decades of the twentieth century, the increase of educated workers was higher than the demand for them. This boosted income for most people and lowered inequality. However, the reverse has been true since about 1980. The authors discuss the complex reasons for this educational slow-down and what might be done to ameliorate it.
- Paperback October 2009

- Commonwealth
- When Empire appeared in 2000, it defined the political and economic challenges of the era of globalization and, thrillingly, found in them possibilities for new and more democratic forms of social organization. Now, with Commonwealth, Michael Hardt and Antonio Negri conclude the trilogy begun with Empire and continued in Multitude, proposing an ethics of freedom for living in our common world and articulating a possible constitution for our common wealth.
- Hardcover October 2009

- Capital Rules
- In an intellectual, legal, and political history of financial globalization, Rawi Abdelal shows that global financial markets were not always premised on the idea that capital ought to flow freely across country borders. Contrary to conventional accounts, Abdelal argues that European policy makers promoted the liberal rules that compose the international financial architecture, while U.S. policy makers have tended to embrace unilateral, ad hoc globalization.
- Paperback September 2009

- The Creation and Destruction of Value
- 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

- Surviving Large Losses
- When financial institutions collapse, new ones take their place, shaping markets for generations to come. This book explains why financial crises occur, why their effects last so long, and what political and economic conditions can help countries both rich and poor survive, and even prosper, in the aftermath. Although there is no panacea for such crises, the authors argue that it is possible to strengthen existing financial institutions, encourage economic growth, and limit the harm that future catastrophes can do.
- Paperback September 2009

- China during the Great Depression
- The Great Depression was a global phenomenon: every economy linked to international financial and commodity markets suffered. The aim of this book is not merely to show that China could not escape the consequences of drastic declines in financial flows and trade but also to offer a new perspective for understanding modern Chinese history.
- Paperback September 2009

- The Road from Mont Pèlerin
What exactly is neoliberalism, and where did it come from? This volume attempts to answer these questions by exploring neoliberalism’s origins and growth as a political and economic movement. The Road from Mont Pèlerin presents the key debates and conflicts that occurred among neoliberal scholars and their political and corporate allies regarding trade unions, development economics, antitrust policies, and the influence of philanthropy.
- Hardcover June 2009

- Selling Sounds
From Tin Pan Alley to grand opera, player-pianos to phonograph records, David Suisman’s Selling Sounds explores the rise of music as big business and the creation of a radically new musical culture. Provocative, original, and lucidly written, Selling Sounds reveals the commercial architecture of America’s musical life.
- Hardcover May 2009

- To Serve God and Wal-Mart
- This extraordinary biography of Wal-Mart’s world shows how a Christian pro-business movement grew from the bottom up as well as the top down, bolstering an economic vision that sanctifies corporate globalization.
The author has assigned her royalties and subsidiary earnings to Interfaith Worker Justice (www.iwj.org) and its local affiliate in Athens, GA, the Economic Justice Coalition (www.econjustice.org).
- Hardcover May 2009

- A Failure of Capitalism
- 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

- A Nation of Counterfeiters
- Prior to the Civil War, the United States did not have a single, national currency. Counterfeiters flourished amid this anarchy, putting vast quantities of bogus bills into circulation. Their success, Mihm reveals, is more than an entertaining tale of criminal enterprise: it is the story of the rise of a country defined by freewheeling capitalism and little government control. Mihm shows how eventually the older monetary system was dismantled, along with the counterfeit economy it sustained.
- Paperback May 2009

- Indian Work
Representations of Indian economic life have played an integral role in discourses about poverty, social policy, and cultural difference but have received surprisingly little attention. Daniel Usner dismantles ideological characterizations of Indian livelihood to reveal the intricacy of economic adaptations in American Indian history.
- Hardcover April 2009

- Republic of Debtors
- Debt was an inescapable fact of life in early America. At the beginning of the eighteenth century, its sinfulness was preached by ministers and the right to imprison debtors was unquestioned. By 1800, imprisonment for debt was under attack and insolvency was no longer seen as a moral failure, merely an economic setback. In Republic of Debtors, Bruce H. Mann illuminates this crucial transformation in early American society.
- Paperback April 2009

- Shaping the Industrial Century
- The dean of business historians continues his masterful chronicle of the transforming revolutions of the twentieth century. He argues that only with consistent attention to research and development and an emphasis on long-term corporate strategies could firms remain successful over time. He details these processes for nearly every major chemical and pharmaceutical firm, demonstrating why some companies forged ahead while others failed.
- Paperback April 2009

- The Origins of Europe's New Stock Markets
- Posner explores the causes of Europe’s emergence as a global financial power, addressing classic and new questions about the origins of markets and their relationship to politics and bureaucracy.
- Hardcover February 2009

- Horses at Work
- Greene argues for recognition of horses’ critical contribution to the history of American energy and the rise of American industrial power, and a new understanding of the reasons for their replacement as prime movers.
- Hardcover November 2008