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Why is the boom-and-bust cycle so persistent? Why did economists fail to predict the economic meltdown that began in 2007—or to pull us out of the crisis more quickly? And how can we prevent future calamities?
Mainstream economics has no adequate answers for these pressing questions. To understand how we got here, and how we can ensure prosperity, we must...
In this bold history and manifesto, a former White House director of economic policy exposes the economic, political, and cultural cracks that wealthy nations face and makes the case for transforming those same vulnerabilities into sources of strength—and the foundation of a national renewal.
America and other developed countries, including Germany, Japan, France, and Great Britain are in desperate straits. The loss of community, a
...How did a weak collection of former British colonies become an industrial, financial, and military colossus?
From the eighteenth to the twenty-first centuries, the American economy has been transformed by wave after wave of emerging technology: the steam engine, electricity,...
Starting with the fall of communism, influential economist and former dean of MIT's Sloan School of Management Lester Thurow deftly explores how head-to-head competition — not military might — among Japan, the United States, and the newly united European countries would produce the next world leader.
As Thurow explains, in the 1990s the race for economic supremacy was only just beginning.
...This biography tells the story of one of the most important public figures of the twentieth century, Friedrich Hayek.
Here is the first full biography of Friedrich Hayek, the Austrian economist who became, over the course of a remarkable career, the great philosopher of liberty in our time. In this richly detailed portrait, Alan Ebenstein chronicles the life, works, and legacy of a visionary thinker, from Hayek's early years as the
We know that our world is undergoing seismic change—but how can we emerge from the crisis a fairer, more equal society?
Over the past two centuries or so, capitalism has undergone profound changes—economic cycles that veer from boom to bust—from which it has always emerged transformed and strengthened. Surveying this turbulent history, Paul Mason's Postcapitalism argues that we are on the brink of a change so big and so profound
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