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In Defense of Globalization In Defense of Globalization

Jagdish Bhagwati

Издател: Oxford University Press

An internationally renowned economist, Jagdish Bhagwati takes conventional wisdom—that globalization is the cause of several social ills—and turns it on its head. Properly regulated, globalization, he says, is the most powerful force for social good in the world. Drawing on his unparalleled knowledge of international economics, Bhagwati

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The Methodology of Economics The Methodology of Economics

Mark Blaug

Издател: Cambridge University Press

This book is an examination of the nature of economic explanation. The opening chapters introduce current thinking in the philosophy of science and review the literature on methodology. Professor Blaug then turns to the troublesome question of the logical status of welfare economics, giving the reader an understanding of the outstanding issues in

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The Panic of 1907 The Panic of 1907

Robert F. Bruner, Sean D. Carr

Издател: John Wiley and Sons

Why do markets crash and bank panics happen? Conventional wisdom has gathered, like iron filings, at two intellectual poles: at one extreme is a hodge-podge of idiosyncratic, period-specific causes and at the other is a host of all-encompassing "single bullet" theories. In The Panic of 1907, authors Robert Bruner and Sean Carr offer an alternate

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Economic Theory in Retrospect Economic Theory in Retrospect

Mark Blaug

Издател: Cambridge University Press

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Risk, Uncertainty and Profit Risk, Uncertainty and Profit

Frank H. Knight

Издател: Dover Publications, Inc.

This revolutionary work taught the world how to systematically distinguish between risk -- randomness with knowable probabilities -- and uncertainty -- randomness with unknowable probabilities -- in order to accurately and properly ascertain a venture's potential profitability. Knight's methodology served as the foundation of the Chicago School of

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Central Banking in Theory and Practice Central Banking in Theory and Practice

Alan S. Blinder

Издател: The MIT Press

Alan S. Blinder offers the dual perspective of a leading academic macroeconomist who served a stint as Vice-Chairman of the Federal Reserve Board—one who practiced what he had long preached and then returned to academia to write about it. He tells central bankers how they might better incorporate academic knowledge and thinking into the conduct

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Origins of the Crash Origins of the Crash

Roger Lowenstein

Издател: Penguin Press

This inquiry into the rise and fall of the great Wall Street boom of the 1990s, from bestselling author Roger Lowenstein, has all the hallmarks of a financial classic. Roger Lowenstein, recognized as one of the best financial reporters of our time, turns his focus to the 1990s stock market and economic boom and bust in Origins of the Crash. With

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Fooled by Randomness Fooled by Randomness

Nassim Nicholas Taleb

Издател: Penguin Books

This book is about luck -- or more precisely how we perceive and deal with luck in business and life. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill -- the world of trading -- Fooled by Randomness is a captivating insight into one of the least understood factors in all our lives. Writing in an

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The Power of Gold The Power of Gold

Peter L. Bernstein

Издател: John Wiley & Sons, Inc

Over the centuries, gold had stirred the passions for power and glory, for beauty and security, and even for immortality. No other object has commanded so much veneration over such a long period of time. The most striking feature of this long history is that gold led most of the protagonists in the drama into the ditch. Gold had them, rather than

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When Genius Failed When Genius Failed

Roger Lowenstein

Издател: Fourth Estate

The book tells the story of Long-Term Capital Management (LTCM), an American hedge fund which commanded more than $100 billion in assets at its height. Among LTCM's principals were several former university professors, including two Nobel Prize-winning economists. The book is separated into two sections: the rise and the fall. Chapters 1-6

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