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Celebrating New Achievements in Economic Research

  • The Power of Creative Destruction
  • The Economics of Creative Destruction
  • Scarcity
  • Healthy Buildings
  • The Antitrust Paradigm

Author - Editorial Staff

Date - 31 August 2023

Time to read - 1 min

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  • The Power of Creative Destruction

    The Power of Creative Destruction

    Economic Upheaval and the Wealth of Nations

    Philippe Aghion, Céline Antonin, Simon Bunel, Jodie Cohen-Tanugi

    Hayek Book Prize Finalist
    An Economist Best Book of the Year
    A Foreign Affairs Best Book of the Year
    A Financial Times Summer Reading Favorite

    “Sweeping, authoritative and—for the times—strikingly upbeat…The overall argument is compelling and…it carries a trace of Schumpeterian subversion.”
    —The Economist

    “[An] important book…Lucid, empirically grounded, wide-ranging, and...

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  • The Economics of Creative Destruction

    The Economics of Creative Destruction

    New Research on Themes from Aghion and Howitt

    Ufuk Akcigit, John Van Reenen

    A stellar cast of economists examines the roles of creative destruction in addressing today’s most important political and social questions.

    Inequality is rising, growth is stagnant while rents accumulate, the environment is suffering, and the COVID-19 pandemic exposed every crack in the systems of global capitalism. How can we restart growth? Can our societies be made fairer? Editors Ufuk...

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  • Scarcity

    Scarcity

    A History from the Origins of Capitalism to the Climate Crisis

    Fredrik Albritton Jonsson, Carl Wennerlind

    A sweeping intellectual history of the concept of economic scarcity—its development across five hundred years of European thought and its decisive role in fostering the climate crisis.

    Modern economics presumes a particular view of scarcity, in which human beings are innately possessed of infinite desires and society must therefore facilitate endless growth and consumption irrespective of n...

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  • Healthy Buildings

    Healthy Buildings

    How Indoor Spaces Can Make You Sick—or Keep You Well

    Joseph G. Allen, John D. Macomber

    A revised and updated edition of the landmark work the New York Times hailed as “a call to action for every developer, building owner, shareholder, chief executive, manager, teacher, worker and parent to start demanding healthy buildings with cleaner indoor air.”

    For too long we’ve designed buildings that haven’t focused on the people inside—their health, their ability to work effectively,...

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  • The Antitrust Paradigm

    The Antitrust Paradigm

    Restoring a Competitive Economy

    Jonathan B. Baker

    A new and urgently needed guide to making the American economy more competitive at a time when tech giants have amassed vast market power.

    The U.S. economy is growing less competitive. Large businesses increasingly profit by taking advantage of their customers and suppliers. These firms can also use sophisticated pricing algorithms and customer data to secure substantial and persistent adva...

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  • The Great Convergence

    The Great Convergence

    Information Technology and the New Globalization

    Richard Baldwin

    An Economist Best Book of the Year
    A Financial Times Best Economics Book of the Year
    A Fast Company “7 Books Microsoft CEO Satya Nadella Says You Need to Lead Smarter”

    Between 1820 and 1990, the share of world income going to today’s wealthy nations soared from twenty percent to almost seventy. Since then, that share has plummeted to where it was in 1900. As the renowned economist Ric...

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  • The Color of Money

    The Color of Money

    Black Banks and the Racial Wealth Gap

    Mehrsa Baradaran

    “Read this book. It explains so much about the moment…Beautiful, heartbreaking work.”
    —Ta-Nehisi Coates

    “A deep accounting of how America got to a point where a median white family has 13 times more wealth than the median black family.”
    —The Atlantic

    “Extraordinary…Baradaran focuses on a part of the American story that’s often ignored: the way African Americans were locked out...

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  • A World of Insecurity

    A World of Insecurity

    Democratic Disenchantment in Rich and Poor Countries

    Pranab Bardhan

    An ambitious account of the corrosion of liberal democracy in rich and poor countries alike, arguing that antidemocratic sentiment reflects fear of material and cultural loss, not a critique of liberalism’s failure to deliver equality, and suggesting possible ways out.

    The retreat of liberal democracy in the twenty-first century has been impossible to ignore. From Wisconsin to Warsaw, Budap...

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  • The Triumph of Broken Promises

    The Triumph of Broken Promises

    The End of the Cold War and the Rise of Neoliberalism

    Fritz Bartel

    A powerful case that the economic shocks of the 1970s hastened both the end of the Cold War and the rise of neoliberalism by forcing governments to impose austerity on their own people.

    Why did the Cold War come to a peaceful end? And why did neoliberal economics sweep across the world in the late twentieth century? In this pathbreaking study, Fritz Bartel argues that the answer to these qu...

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  • The Gender of Capital

    The Gender of Capital

    How Families Perpetuate Wealth Inequality

    Céline Bessière, Sibylle Gollac, Juliette Rogers

    Two leading social scientists examine the gender wealth gap in countries with officially egalitarian property law, showing how legal professionals—wittingly and unwittingly—help rich families and men maintain their privilege.

    In many countries, property law grants equal rights to men and women. Why, then, do women still accumulate less wealth than men? Combining quantitative, ethnographic,...

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  • Foretelling the End of Capitalism

    Foretelling the End of Capitalism

    Intellectual Misadventures since Karl Marx

    Francesco Boldizzoni

    Intellectuals since the Industrial Revolution have been obsessed with whether, when, and why capitalism will collapse. This riveting account of two centuries of failed forecasts of doom reveals the key to capitalism’s durability.

    Prophecies about the end of capitalism are as old as capitalism itself. None have come true. Yet, whether out of hope or fear, we keep looking for harbingers of do...

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  • The World of Sugar

    The World of Sugar

    How the Sweet Stuff Transformed Our Politics, Health, and Environment over 2,000 Years

    Ulbe Bosma

    “[A] tour de force of global history…Bosma has turned the humble sugar crystal into a mighty prism for understanding aspects of global history and the world in which we live.”—Los Angeles Review of Books

    The definitive 2,500-year history of sugar and its human costs, from its little-known origins as a luxury good in Asia to worldwide environmental devastation and the obesity pandemic.

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  • After Piketty

    After Piketty

    The Agenda for Economics and Inequality

    Heather Boushey, J. Bradford DeLong, Marshall Steinbaum

    A Foreign Affairs Best Book of the Year

    “An intellectual excursion of a kind rarely offered by modern economics.”
    —Foreign Affairs

    Thomas Piketty’s Capital in the Twenty-First Century is the most widely discussed work of economics in recent years. But are its analyses of inequality and economic growth on target? Where should researchers go from there in exploring the ideas Piketty...

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  • Finding Time

    Finding Time

    The Economics of Work-Life Conflict

    Heather Boushey

    “Ambitious, fast-paced, fact-filled, and accessible.”
    —Science

    “A compelling case for why achieving the right balance of time with our families…is vital to the economic success and prosperity of our nation… A must read.”
    —Maria Shriver

    From backyard barbecues to the blogosphere, working men and women across the country are raising the same worried question: How can I get ahead...

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  • Unbound

    Unbound

    How Inequality Constricts Our Economy and What We Can Do about It

    Heather Boushey

    A Financial Times Book of the Year

    “The strongest documentation I have seen for the many ways in which inequality is harmful to economic growth.”
    —Jason Furman

    “A timely and very useful guide…Boushey assimilates a great deal of recent economic research and argues that it amounts to a paradigm shift.”
    —New Yorker

    Do we have to choose between equality and prosperity? Decis...

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  • Veblen

    Veblen

    The Making of an Economist Who Unmade Economics

    Charles Camic

    A bold new biography of the thinker who demolished accepted economic theories in order to expose how people of economic and social privilege plunder their wealth from society’s productive men and women.

    Thorstein Veblen was one of America’s most penetrating analysts of modern capitalist society. But he was not, as is widely assumed, an outsider to the social world he acidly described. Veble...

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  • Unsustainable Inequalities

    Unsustainable Inequalities

    Social Justice and the Environment

    Lucas Chancel, Malcolm DeBevoise

    A Financial Times Best Book of the Year

    A hardheaded book that confronts and outlines possible solutions to a seemingly intractable problem: that helping the poor often hurts the environment, and vice versa.

    Can we fight poverty and inequality while protecting the environment? The challenges are obvious. To rise out of poverty is to consume more resources, almost by definition. And m...

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  • World Inequality Report 2022

    World Inequality Report 2022

    Lucas Chancel, Thomas Piketty, Emmanuel Saez, Gabriel Zucman

    Produced by a team of world-leading economists, this is the benchmark account of recent and historical trends in inequality.

    World Inequality Report 2022 is the most authoritative and comprehensive account available of global trends in inequality. Researched, compiled, and written by a team of world-leading economists, the report builds on the pioneering edition of 2018 to provide policy ma...

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  • Open

    Open

    The Progressive Case for Free Trade, Immigration, and Global Capital

    Kimberly Clausing

    A Financial Times Best Economics Book of the Year
    A Foreign Affairs Best Book of the Year
    A Fareed Zakaria GPS Book of the Week

    “A highly intelligent, fact-based defense of the virtues of an open, competitive economy and society.”
    —Fareed Zakaria

    “A vitally important corrective to the current populist moment…Open points the way to a kinder, gentler version of globalization t...

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  • Getting to Diversity

    Getting to Diversity

    What Works and What Doesn’t

    Frank Dobbin, Alexandra Kalev

    “Too many companies don’t know how to walk the walk of diversity, equity, and inclusion. Getting to Diversity shows them how.”
    —Lori George Billingsley, former Global Chief DEI Officer, Coca-Cola Company

    In an authoritative, data-driven account, two of the world’s leading management experts challenge dominant approaches to increasing workplace diversity and provide a comprehensive accoun...

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  • The Shenzhen Experiment

    The Shenzhen Experiment

    The Story of China’s Instant City

    Juan Du

    An award-winning Hong Kong–based architect with decades of experience designing buildings and planning cities in the People’s Republic of China takes us to the Pearl River delta and into the heart of China’s iconic Special Economic Zone, Shenzhen.

    Shenzhen is ground zero for the economic transformation China has seen in recent decades. In 1979, driven by China’s widespread poverty, Deng Xia...

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  • Not Made by Slaves

    Not Made by Slaves

    Ethical Capitalism in the Age of Abolition

    Bronwen Everill

    “Impressive…[Readers] will be rewarded with greater understanding of historical developments that changed the relationship between consumers and producers in a global economy in ways that reverberate to this day.”
    —Wall Street Journal

    “Everill repositions West Africa as central to the broader Atlantic story of 18th and 19th century economic morality, its relationship with commercial ethi...

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  • The Anti-Oligarchy Constitution

    The Anti-Oligarchy Constitution

    Reconstructing the Economic Foundations of American Democracy

    Joseph Fishkin, William E. Forbath

    A bold call to reclaim an American tradition that argues the Constitution imposes a duty on government to fight oligarchy and ensure broadly shared wealth.

    Oligarchy is a threat to the American republic. When too much economic and political power is concentrated in too few hands, we risk losing the “republican form of government” the Constitution requires. Today, courts enforce the Constitu...

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  • The Banks Did It

    The Banks Did It

    An Anatomy of the Financial Crisis

    Neil Fligstein

    A comprehensive account of the rise and fall of the mortgage-securitization industry, which explains the complex roots of the 2008 financial crisis.

    More than a decade after the 2008 financial crisis plunged the world economy into recession, we still lack an adequate explanation for why it happened. Existing accounts identify a number of culprits—financial instruments, traders, regulators,...

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  • Power after Carbon

    Power after Carbon

    Building a Clean, Resilient Grid

    Peter Fox-Penner

    As the electric power industry faces the challenges of climate change, technological disruption, new market imperatives, and changing policies, a renowned energy expert offers a roadmap to the future of this essential sector.

    As the damaging and costly impacts of climate change increase, the rapid development of sustainable energy has taken on great urgency. The electricity industry has res...

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  • Eli and the Octopus

    Eli and the Octopus

    The CEO Who Tried to Reform One of the World’s Most Notorious Corporations

    Matt Garcia

    The poignant rise and fall of an idealistic immigrant who, as CEO of a major conglomerate, tried to change the way America did business before he himself was swallowed up by corporate corruption.

    At 8 a.m. on February 3, 1975, Eli Black leapt to his death from the 44th floor of Manhattan’s Pan Am building. The immigrant-turned-CEO of United Brands—formerly United Fruit, now Chiquita—Black s...

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  • Political Cleavages and Social Inequalities

    Political Cleavages and Social Inequalities

    A Study of Fifty Democracies, 1948–2020

    Amory Gethin, Clara Martínez-Toledano, Thomas Piketty

    The empirical starting point for anyone who wants to understand political cleavages in the democratic world, based on a unique dataset covering fifty countries since World War II.

    Who votes for whom and why? Why has growing inequality in many parts of the world not led to renewed class-based conflicts, seeming instead to have come with the emergence of new divides over identity and integrat...

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  • Rotary International and the Selling of American Capitalism

    Rotary International and the Selling of American Capitalism

    Brendan Goff

    A new history of Rotary International shows how the organization reinforced capitalist values and cultural practices at home and tried to remake the world in the idealized image of Main Street America.

    Rotary International was born in Chicago in 1905. By the time World War II was over, the organization had made good on its promise to “girdle the globe.” Rotary International and the Selling...

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  • The Missing Course

    The Missing Course

    Everything They Never Taught You about College Teaching

    David Gooblar

    “What a delight to read David Gooblar’s book on teaching and learning. He wraps important insights into a story of discovery and adventure.”
    —Ken Bain, author of What the Best College Teachers Do

    College is changing, but the way we train academics is not. Most professors are taught to be researchers first and teachers a distant second, even as scholars are increasingly expected to excel...

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  • The Education Trap

    The Education Trap

    Schools and the Remaking of Inequality in Boston

    Cristina Viviana Groeger

    Why—contrary to much expert and popular opinion—more education may not be the answer to skyrocketing inequality.

    For generations, Americans have looked to education as the solution to economic disadvantage. Yet, although more people are earning degrees, the gap between rich and poor is widening. Cristina Groeger delves into the history of this seeming contradiction, explaining how education...

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  • Made in China

    Made in China

    When US-China Interests Converged to Transform Global Trade

    Elizabeth O’Brien Ingleson

    The surprising story of how Cold War foes found common cause in transforming China’s economy into a source of cheap labor, creating the economic interdependence that characterizes our world today.

    For centuries, the vastness of the Chinese market tempted foreign companies in search of customers. But in the 1970s, when the United States and China ended two decades of Cold War isolation, Chin...

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  • The Privileged Poor

    The Privileged Poor

    How Elite Colleges Are Failing Disadvantaged Students

    Anthony Abraham Jack

    An NPR Favorite Book of the Year

    “Breaks new ground on social and educational questions of great import.”
    —Washington Post

    “An essential work, humane and candid, that challenges and expands our understanding of the lives of contemporary college students.”
    —Paul Tough, author of Helping Children Succeed

    “Eye-opening…Brings home the pain and reality of on-campus poverty an...

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  • Deeply Responsible Business

    Deeply Responsible Business

    A Global History of Values-Driven Leadership

    Geoffrey Jones

    Corporate social responsibility has entered the mainstream, but what does it take to run a successful purpose-driven business? A Harvard Business School professor examines leaders who put values alongside profits to showcase the challenges and upside of deeply responsible business.

    For decades, CEOs have been told that their only responsibility is to the bottom line. But consensus is that c...

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  • Exporting Capitalism

    Exporting Capitalism

    Private Enterprise and US Foreign Policy

    Ethan B. Kapstein

    The first comprehensive history of America’s attempts to promote international development by exporting private enterprise, a story marked by frequent failure and occasional success.

    Foreign aid is a primary tool of US foreign policy, but direct financial support and ventures like the Peace Corps constitute just a sliver of the American global development pie. Since the 1940s, the United St...

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  • Market Maoists

    Market Maoists

    The Communist Origins of China’s Capitalist Ascent

    Jason M. Kelly

    Long before Deng Xiaoping’s market-based reforms, commercial relationships bound the Chinese Communist Party to international capitalism and left lasting marks on China’s trade and diplomacy.

    China today seems caught in a contradiction: a capitalist state led by a Communist party. But as Market Maoists shows, this seeming paradox is nothing new. Since the 1930s, before the Chinese Communist...

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  • Deals

    Deals

    The Economic Structure of Business Transactions

    Michael Klausner, Guhan Subramanian

    Drawing on real-life cases from a wide range of industries, two acclaimed experts offer a sophisticated but accessible guide to business deals, designed to maximize value for your side.

    Business transactions take widely varying forms—from multibillion-dollar corporate mergers to patent licenses to the signing of an all-star quarterback. Yet every deal shares the same goal, or at least shoul...

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  • Democratizing Finance

    Democratizing Finance

    The Radical Promise of Fintech

    Marion Laboure, Nicolas Deffrennes

    We are only in the early stages of a broader revolution that will impact every aspect of the global economy, including commerce and government services. Coming financial technology innovations could improve the quality of life for all people.

    Over the past few decades, digital technology has transformed finance. Financial technology (fintech) has enabled more people with fewer resources, in...

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  • Sovereign Funds

    Sovereign Funds

    How the Communist Party of China Finances Its Global Ambitions

    Zongyuan Zoe Liu

    The first in-depth account of the sudden growth of China’s sovereign wealth funds and their transformative impact on global markets, domestic and multinational businesses, and international politics.

    One of the keys to China’s global rise has been its strategy of deploying sovereign wealth on behalf of state power. Since President Xi Jinping took office in 2013, China has doubled down on fi...

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  • Raising Keynes

    Raising Keynes

    A Twenty-First-Century General Theory

    Stephen A. Marglin

    Back to the future: a heterodox economist rewrites Keynes’s General Theory of Employment, Interest, and Money to serve as the basis for a macroeconomics for the twenty-first century.

    John Maynard Keynes’s General Theory of Employment, Interest, and Money was the most influential economic idea of the twentieth century. But, argues Stephen Marglin, its radical implications were obscured by Ke...

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  • The Meddlers

    The Meddlers

    Sovereignty, Empire, and the Birth of Global Economic Governance

    Jamie Martin

    “The Meddlers is an eye-opening, essential new history that places our international financial institutions in the transition from a world defined by empire to one of nation states enmeshed in the world economy.”
    —Adam Tooze, Columbia University

    A pioneering history traces the origins of global economic governance—and the political conflicts it generates—to the aftermath of World War I.<...

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  • The Burnout Challenge

    The Burnout Challenge

    Managing People’s Relationships with Their Jobs

    Christina Maslach, Michael P. Leiter

    Two pioneering researchers identify key causes of workplace burnout and reveal what managers can do to promote increased productivity and health.

    Burnout is among the most significant on-the-job hazards facing workers today. It is also among the most misunderstood. In particular, we tend to characterize burnout as a personal issue—a problem employees should fix themselves by getting therapy...

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  • The Enchantments of Mammon

    The Enchantments of Mammon

    How Capitalism Became the Religion of Modernity

    Eugene McCarraher

    “An extraordinary work of intellectual history as well as a scholarly tour de force, a bracing polemic, and a work of Christian prophecy…McCarraher challenges more than 200 years of post-Enlightenment assumptions about the way we live and work.”
    —The Observer

    At least since Max Weber, capitalism has been understood as part of the “disenchantment” of the world, stripping material objects...

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  • Capitalism, Alone

    Capitalism, Alone

    The Future of the System That Rules the World

    Branko Milanovic

    An Economist Book of the Year
    A Financial Times Book of the Year
    A Foreign Affairs Best Book of the Year
    A Prospect Best Book of the Year
    A ProMarket Book of the Year
    An Omidyar Network “8 Storytellers Informing How We’ve been Reimagining Capitalism” Selection

    “Brilliant…Poses all the important questions about our future.”
    —Gordon Brown

    “A scholar of inequality warn...

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  • Global Inequality

    Global Inequality

    A New Approach for the Age of Globalization

    Branko Milanovic

    Winner of the Bruno Kreisky Prize, Karl Renner Institut
    A Financial Times Best Economics Book of the Year
    An Economist Best Book of the Year
    A Livemint Best Book of the Year


    One of the world’s leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge resear...

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  • Visions of Inequality

    Visions of Inequality

    From the French Revolution to the End of the Cold War

    Branko Milanovic

    A Financial Times Best Book of the Year.

    A sweeping and original history of how economists across two centuries have thought about inequality, told through portraits of six key figures.

    “How do you see income distribution in your time, and how and why do you expect it to change?” That is the question Branko Milanovic imagines posing to six of history's most influential economists: Fr...

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  • VC

    VC

    An American History

    Tom Nicholas

    “An incisive history of the venture-capital industry.”
    —New Yorker

    “An excellent and original economic history of venture capital.”
    —Tyler Cowen, Marginal Revolution

    “A detailed, fact-filled account of America’s most celebrated moneymen.”
    —New Republic

    “Extremely interesting, readable, and informative…Tom Nicholas tells you most everything you ever wanted to know abou...

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  • No Birds of Passage

    No Birds of Passage

    A History of Gujarati Muslim Business Communities, 1800–1975

    Michael O’Sullivan

    A sweeping account of three Gujarati Muslim trading communities, whose commercial success over nearly two centuries sheds new light on the history of capitalism, Islam, and empire in South Asia.

    During the nineteenth century, three Gujarati Muslim commercial castes—the Bohras, Khojas, and Memons—came to dominate Muslim business in South Asia. Although these communities constitute less than...

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  • Shadows of Doubt

    Shadows of Doubt

    Stereotypes, Crime, and the Pursuit of Justice

    Brendan O'Flaherty, Rajiv Sethi

    Shadows of Doubt reveals how deeply stereotypes distort our interactions, shape crime, and deform the criminal justice system.

    If you’re a robber, how do you choose your victims? As a police officer, how afraid are you of the young man you’re about to arrest? As a judge, do you think the suspect in front of you will show up in court if released from pretrial detention? As a juror, does the...

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  • New Laws of Robotics

    New Laws of Robotics

    Defending Human Expertise in the Age of AI

    Frank Pasquale

    AI is poised to disrupt our work and our lives. We can harness these technologies rather than fall captive to them—but only through wise regulation.

    Too many CEOs tell a simple story about the future of work: if a machine can do what you do, your job will be automated. They envision everyone from doctors to soldiers rendered superfluous by ever-more-powerful AI. They offer stark alternative...

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  • The Confounding Island

    The Confounding Island

    Jamaica and the Postcolonial Predicament

    Orlando Patterson

    A New York Times Book Review Editors’ Choice
    Winner of a PROSE Award

    “Fascinating…Eye-opening…Illuminating…Patterson carefully explores the complexity of the structural machinery behind Jamaica’s dazzling successes and dismal failures.”
    —Carrie Gibson, New York Times Book Review

    “In the ruins of postcolonial Jamaica, Patterson unearths a vibrant popular culture, centered in par...

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  • The Great Reversal

    The Great Reversal

    How America Gave Up on Free Markets

    Thomas Philippon

    A Financial Times Book of the Year
    A ProMarket Book of the Year

    “Superbly argued and important…Donald Trump is in so many ways a product of the defective capitalism described in The Great Reversal. What the U.S. needs, instead, is another Teddy Roosevelt and his energetic trust-busting. Is that still imaginable? All believers in the virtues of competitive capitalism must hope so.”
    —Ma...

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  • A Brief History of Equality

    A Brief History of Equality

    Thomas Piketty, Steven Rendall

    A New York Times Book Review Editors’ Choice

    A Public Books Best Book of the Year

    “A profound and optimistic call to action and reflection. For Piketty, the arc of history is long, but it does bend toward equality. There is nothing automatic about it, however: as citizens, we must be ready to fight for it, and constantly (re)invent the myriad of institutions that will bring it about....

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  • Capital and Ideology

    Capital and Ideology

    Thomas Piketty, Arthur Goldhammer

    A New York Times Bestseller
    An NPR Best Book of the Year

    The epic successor to one of the most important books of the century: at once a retelling of global history, a scathing critique of contemporary politics, and a bold proposal for a new and fairer economic system.

    Thomas Piketty’s bestselling Capital in the Twenty-First Century galvanized global debate about inequality. In th...

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  • The Economic Integration of Europe

    The Economic Integration of Europe

    Richard Pomfret

    The clearest and most up-to-date account of the achievements—and setbacks—of the European Union since 1945.

    Europe has been transformed since the Second World War. No longer a checkerboard of entirely sovereign states, the continent has become the largest single-market area in the world, with most of its members ceding certain economic and political powers to the central government of the E...

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  • The Future of Money

    The Future of Money

    How the Digital Revolution Is Transforming Currencies and Finance

    Eswar S. Prasad

    An Economist Book of the Year

    A Financial Times Book of the Year

    A Foreign Affairs Book of the Year

    A ProMarket Book of the Year

    One of The Week’s Ten Best Business Books of the Year

    “A road map for money managers, market strategists, and others seeking to understand this new world.”—Barron’s

    “Money shapes economies, economies shape nations, nations shape...

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  • Tata

    Tata

    The Global Corporation That Built Indian Capitalism

    Mircea Raianu

    An eye-opening portrait of global capitalism spanning 150 years, told through the history of the Tata corporation.

    Nearly a century old, the grand façade of Bombay House is hard to miss in the historic business district of Mumbai. This is the iconic global headquarters of the Tata Group, a multinational corporation that produces everything from salt to software. After getting their start in...

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  • Six Faces of Globalization

    Six Faces of Globalization

    Who Wins, Who Loses, and Why It Matters

    Anthea Roberts, Nicolas Lamp

    A Financial Times Book of the Year
    A Fortune Book of the Year

    “This book compels us to change our position, move out of our comfort zone, and see the world differently.”—Branko Milanovic, author of Capitalism, Alone

    “A very smart book…not just about globalization, but also about the power and importance of narrative…Highly recommended.”—Anne-Marie Slaughter, CEO, New America

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  • Time for Things

    Time for Things

    Labor, Leisure, and the Rise of Mass Consumption

    Stephen D. Rosenberg

    Modern life is full of stuff yet bereft of time. An economic sociologist offers an ingenious explanation for why, over the past seventy-five years, Americans have come to prefer consumption to leisure.

    Productivity has increased steadily since the mid-twentieth century, yet Americans today work roughly as much as they did then: forty hours per week. We have witnessed, during this same perio...

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  • You’re Paid What You’re Worth

    You’re Paid What You’re Worth

    And Other Myths of the Modern Economy

    Jake Rosenfeld

    A myth-busting book challenges the idea that we’re paid according to objective criteria and places power and social conflict at the heart of economic analysis.

    Your pay depends on your productivity and occupation. If you earn roughly the same as others in your job, with the precise level determined by your performance, then you’re paid market value. And who can question something as objecti...

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  • Accounting for Slavery

    Accounting for Slavery

    Masters and Management

    Caitlin Rosenthal

    A Five Books Best Economics Book of the Year
    A Politico Great Weekend Read

    “Absolutely compelling.”
    —Diane Coyle

    “The evolution of modern management is usually associated with good old-fashioned intelligence and ingenuity…But capitalism is not just about the free market; it was also built on the backs of slaves.”
    —Forbes

    The story of modern management generally looks...

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  • The Return of Inequality

    The Return of Inequality

    Social Change and the Weight of the Past

    Mike Savage

    A pioneering book that takes us beyond economic debate to show how inequality is returning us to a past dominated by empires, dynastic elites, and ethnic divisions.

    The economic facts of inequality are clear. The rich have been pulling away from the rest of us for years, and the super-rich have been pulling away from the rich. More and more assets are concentrated in fewer and fewer hands....

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  • Indentured Students

    Indentured Students

    How Government-Guaranteed Loans Left Generations Drowning in College Debt

    Elizabeth Tandy Shermer

    The untold history of how America’s student-loan program turned the pursuit of higher education into a pathway to poverty.

    It didn’t always take thirty years to pay off the cost of a bachelor’s degree. Elizabeth Tandy Shermer untangles the history that brought us here and discovers that the story of skyrocketing college debt is not merely one of good intentions gone wrong. In fact, the fede...

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  • The Public Option

    The Public Option

    How to Expand Freedom, Increase Opportunity, and Promote Equality

    Ganesh Sitaraman, Anne L. Alstott

    A solution to inequalities wherever we look—in health care, secure retirement, education—is as close as the public library. Or the post office, community pool, or local elementary school. Public options—reasonably priced government-provided services that coexist with private options—are all around us, ready to increase opportunity, expand freedom, and reawaken civic engagement if we will only let...

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  • Globalists

    Globalists

    The End of Empire and the Birth of Neoliberalism

    Quinn Slobodian

    George Louis Beer Prize Winner
    Wallace K. Ferguson Prize Finalist
    A Marginal Revolution Book of the Year

    “A groundbreaking contribution…Intellectual history at its best.”
    —Stephen Wertheim, Foreign Affairs

    Neoliberals hate the state. Or do they? In the first intellectual history of neoliberal globalism, Quinn Slobodian follows a group of thinkers from the ashes of the Habsbu...

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  • Empire, Incorporated

    Empire, Incorporated

    The Corporations That Built British Colonialism

    Philip J. Stern

    “[A] landmark book…[a] bold reframing of the history of the British Empire.”
    —Caroline Elkins, Foreign Affairs

    An award-winning historian places the corporation—more than the Crown—at the heart of British colonialism, arguing that companies built and governed global empire, raising questions about public and private power that were just as troubling four hundred years ago as they are tod...

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  • Equity for Women in Science

    Equity for Women in Science

    Dismantling Systemic Barriers to Advancement

    Cassidy R. Sugimoto, Vincent Larivière

    The first large-scale empirical analysis of the gender gap in science, showing how the structure of scientific labor and rewards—publications, citations, funding—systematically obstructs women’s career advancement.

    If current trends continue, women and men will be equally represented in the field of biology in 2069. In physics, math, and engineering, women should not expect to reach parity...

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  • The Golden Passport

    The Golden Passport

    Global Mobility for Millionaires

    Kristin Surak

    "[A] fascinating study of how people―and their capital―seek to move around a world that is at once hugely interconnected and driven by inequities…definitive, detailed, and unusually nuanced.”
    ―Atossa Araxia Abrahamian, Foreign Affairs

    The first comprehensive on-the-ground investigation of the global market for citizenship, examining the wealthy elites who buy passports, the states and br...

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  • Growth for Good

    Growth for Good

    Reshaping Capitalism to Save Humanity from Climate Catastrophe

    Alessio Terzi

    A Foreign Affairs Best Book of the Year

    From the front lines of economics and policymaking, a compelling case that economic growth is a force for good and a blueprint for enrolling it in the fight against climate change.

    Economic growth is wrecking the planet. It’s the engine driving climate change, pollution, and the shrinking of natural spaces. To save the environment, will we have...

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  • Basic Income

    Basic Income

    A Radical Proposal for a Free Society and a Sane Economy

    Philippe Van Parijs, Yannick Vanderborght

    “Powerful as well as highly engaging—a brilliant book.”
    —Amartya Sen

    A Times Higher Education Book of the Week

    It may sound crazy to pay people whether or not they’re working or even looking for work. But the idea of providing an unconditional basic income to everyone, rich or poor, active or inactive, has long been advocated by such major thinkers as Thomas Paine, John Stuart Mil...

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  • The Rise of Central Banks

    The Rise of Central Banks

    State Power in Financial Capitalism

    Leon Wansleben

    A bold history of the rise of central banks, showing how institutions designed to steady the ship of global finance have instead become as destabilizing as they are dominant.

    While central banks have gained remarkable influence over the past fifty years, promising more stability, global finance has gone from crisis to crisis. How do we explain this development? Drawing on original sources i...

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  • Economy and Society

    Economy and Society

    A New Translation

    Max Weber, Keith Tribe

    The definitive new translation of Max Weber’s classic work of social theory—arguably the most important book by the foremost social theorist of the twentieth century.

    Max Weber’s Economy and Society is the foundational text for the social sciences of the twentieth and twenty-first centuries, presenting a framework for understanding the relations among individual action, social action, econo...

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  • The Next Shift

    The Next Shift

    The Fall of Industry and the Rise of Health Care in Rust Belt America

    Gabriel Winant

    Winner of the Frederick Jackson Turner Award
    Winner of the Isaac and Tamara Deutscher Memorial Prize
    Winner of the C. L. R. James Award
    A New York Times Book Review Editors’ Choice
    A ProMarket Best Political Economy Book of the Year

    “The Next Shift is an original work of serious scholarship, but it’s also vivid and readable…Eye-opening.”
    —Jennifer Szalai, New York Times

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