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Theory

  • Basic Economicsby Thomas Sowell

    Basic Books 2014; US$ 39.99

    In this fifth edition of Basic Economics , Thomas Sowell revises and updates his popular book on common sense economics, bringing the world into clearer focus through a basic understanding of the fundamental economic principles and how they explain our lives. Drawing on lively examples from around the world and from centuries of history, Sowell explains... more...

  • Moral Hazard in Health Insuranceby Amy Finkelstein; Jonathan Gruber; Joseph Newhouse; Kenneth J. Arrow; Joseph E. Stiglitz

    Columbia University Press 2014; US$ 18.99

    In this short and accessible book, Amy Finkelstein—winner of the 2012 John Bates Clark award—tackles the tricky question of moral hazard, which is the tendency to take risks when the cost will be borne by others. Kenneth J. Arrow?s seminal 1963 paper, “Uncertainty and the Welfare Economics of Medical Care?—included in the volume—was one of the first... more...

  • The Great Recession and the Contradictions of Contemporary Capitalismby R. Bellofiore; G. Vertova

    Edward Elgar Publishing 2014; US$ 40.00

    The current crisis is one of the great crises punctuating the long history of capitalism, and to be properly understood it is vital to take into account its ongoing structural transformation. This book offers plural perspectives on the Great Recession, placing the analysis of finance, class and gender at the center of the debate. It begins with a comprehensive... more...

  • Wirtschaftlichkeit im öffentlichen Sektorby Holger Mühlenkamp

    De Gruyter Oldenbourg 2014; US$ 350.00

    Procurement and investment activities by public authorities are subject to the efficiency principle and, in addition, always have to undergo economic feasibility studies. For properly assessing efficiency, one needs to have the right information and a systematic perspective, which this book aims to provide. more...

  • Elgar Companion to Hayekian Economicsby R. W. Garrison; N. Barry

    Edward Elgar Publishing 2014; US$ 60.00

    The Elgar Companion to Hayekian Economics provides an in-depth treatment of Friedrich August von Hayek’s economic thought from his technical economics of the 1920s and 1930s to his broader views on the spontaneous order of a free society. Taken together, the chapters show evidence both of continuity of thought and of significant changes in focus. more...

  • Distribution and Growth after Keynesby E. Hein

    Edward Elgar Publishing 2014; US$ 40.00

    In the first part of the book, Eckhard Hein presents a comprehensive overview of the main approaches towards distribution and growth including the contributions of Harrod and Domar, old and new neoclassical theories including the fundamental capital controversy critique, the post-Keynesian contributions of Kaldor, Pasinetti, Thirlwall and Robinson,... more...

  • How Markets Work and Fail, and What to Make of Themby B. Nooteboom

    Edward Elgar Publishing 2014; US$ 40.00

    In this thought-provoking book, Bart Nooteboom offers a radical critique of the principal intellectual and moral assumptions underlying economic science, unravelling the notion of markets: how they work and fail, and how they may be redirected to better serve us. more...

  • Immigrantsby Philippe Legrain

    Princeton University Press 2014; US$ 24.95

    Immigration divides our globalizing world like no other issue. We are swamped by illegal immigrants and infiltrated by terrorists, our jobs stolen, our welfare system abused, our way of life destroyed--or so we are told. At a time when National Guard units are deployed alongside vigilante Minutemen on the U.S.-Mexico border, where the death toll in... more...

  • The Long Process of Developmentby Jerry F. Hough; Robin Grier

    Cambridge University Press 2014; US$ 88.00

    This groundbreaking book examines the history of Spain, England, the United States, and Mexico to explain why development takes centuries. more...

  • Economic Calculations and Policy Formation (Routledge Revivals)by Grahame Thompson

    Taylor and Francis 2014; US$ 44.95

    These essays develop a Marxist response to and approach to aspects of the recent economic past in the United Kingdom. They reflect issues and controversies that have arisen within economic policy debate and the economic theory associated with the debate, highlighting the problematic nature of economic policy in the period since the mid-1970s. The... more...