Economic Theory

Principles of Economics is a university-level textbook in economics that offers a clear and concise exploration of the most important economic concepts. This book is unapologetically Austrian in its approach. It tackles major economic concepts and topics independently, but in a logical sequence aimed at delivering the listener an understanding of economics at an individual and societal level, and the widespread implications of economics as a topic.

Bloomsbury presents Economics: The User's Guide by Ha-Joon Chang, read by Jonathan Keeble. From the internationally bestselling author and prizewinning economist—a highly original guide to the global economy. In his bestselling 23 Things They Don't Tell You About Capitalism, Cambridge...

Keynes’ The General Theory of Employment, Interest, and Money remains, approaching a century after it first appeared, one of the most important documents on economics, along with Adam Smith’s The Wealth of Nations and Karl Marx’s Capital. Hugely important for much of the 20th century, the...

Inflation: What It Is, Why It’s Bad, and How to Fix It explains what’s behind the worst inflationary storm in more than forty years—one that is dominating the headlines and shaking Americans by their pocketbooks. The cost-of-living explosion since the COVID pandemic has raised alarms about a possible return of a 1970’s-style “Great Inflation.” Some observers even fear a descent into the kind of Weimar-style hyperinflation that has torn apart so many nations. Is this true? If so, what should be done? How should we prepare for the future?

Following a remarkable epoch of greater dispersion of wealth and opportunity, we are inexorably returning towards a more feudal era marked by greater concentration of wealth and property, reduced upward mobility, demographic stagnation, and increased dogmatism. If the last 70 years saw a massive expansion of the middle class, not only in America but in much of the developed world, today that class is declining and a new, more hierarchical society is emerging. The new class structure resembles that of Medieval times.

Like F.A. Hayek, Ludwig von Mises moved beyond economics in his later years to address questions regarding the foundation of all social science. But unlike Hayek's attempts, Mises' writings on these matters have received less attention than they deserve. Theory and History, writes Rothbard in his introduction, "remains by far the most neglected masterwork of Mises". Here Mises defends his all-important idea of methodological dualism: one approach to the hard sciences and another for the social sciences.

Here at last is the first accurate and beautiful translation of Richard Cantillon's 1755 masterpiece on economics — widely credited with being the first to describe the market process as one driven by entrepreneurship. Unlike any previous writer, Cantillon explicated the vital role of the entrepreneur with perception and vigor. William Stanley Jevons, in the first blush of discovery, proclaimed Cantillon's Essai, "the cradle of political economy." There can be little doubt that it added new life to the organizing principles of economics. But "political economy" does not accurately ...

Economics drives the modern world and shapes our lives, but few of us feel we have time to engage with the breadth of ideas in the subject. 50 Economics Classics is the smart person's guide to two centuries of discussion of finance, capitalism, and the global economy. From Adam Smith's Wealth of Nations to Thomas Piketty's best-seller Capital in the Twenty-First Century, here are the great books and seminal ideas, clarified and illuminated for all.

Game theory usually arrives wrapped in equations, diagrams, and technical language. This book strips all that away and gets to the heart of the subject: how people actually interact when their choices affect one another. From trust and conflict to cooperation and power, it demonstrates that game theory is not about cold calculation. Still, about understanding human behaviour in the social settings we encounter every day. Moving from classic ideas like the Prisoner’s Dilemma and Nash equilibrium to real-world applications in politics, economics, law, workplaces, families, and online life, ...

Keynes's preeminent biographer, Robert Skidelsky, brilliantly synthesizes from Keynes' career and life the aspects of his thinking that apply most directly to the world we currently live in. In so doing, Skidelsky shows that Keynes's mixture of pragmatism and realism, which distinguished his thinking from the neo-classical or Chicago school of economics that has been the dominant influence since the Thatcher-Reagan era and which made possible the raw market capitalism that created the current global financial crisis, is more pertinent and applicable than ever.

Game Theory Made Simple: A Beginner's Guide to Strategic Thinking, Decision-Making, and Application to Everyday Life by The Practical Atlas is your essential introduction to the fascinating world of game theory. Whether you're curious about economics, psychology, international relations, or just want to make better decisions in daily life, this engaging and easy-to-follow guide will show you how game theory applies to the real world. With clear explanations, relatable examples, and zero jargon, this book walks you through the fundamental ideas of strategic decision-making. Learn how players...

Milton Friedman and his wife, Rose, teamed up to write this most convincing and readable guide, which illustrates the crucial link between Adam Smith's capitalism and the free society. They show how freedom has been eroded and prosperity undermined through the rapid growth of governmental agencies, laws, and regulations.

The guru to the gurus at last shares his knowledge with the rest of us. Nobel laureate Daniel Kahneman's seminal studies in behavioral psychology, behavioral economics, and happiness studies have influenced numerous other authors, including Steven Pinker and Malcolm Gladwell. In Thinking, Fast...

Herbert A. Simon Explained: Bounded Rationality, Decision-Making, Artificial Intelligence, Cognitive Psychology, Organizational Theory, Problem Solving, and the Science of Human Behavior in Complex Systems Discover the groundbreaking ideas of Herbert A. Simon, one of the most influential thinkers of the twentieth century, whose work reshaped economics, psychology, artificial intelligence, and organizational theory. In this clear and engaging guide, you will explore the concept of bounded rationality, the limits of human decision-making, and the powerful idea of satisficing that challenges ...

A Finnish journalist, now a naturalized American citizen, asks Americans to draw on elements of the Nordic way of life to nurture a fairer, happier, more secure, and less stressful society for themselves and their children. Moving to America in 2008, Finnish journalist Anu Partanen quickly went...

#1 NEW YORK TIMES BESTSELLER A bold work from the author of The Black Swan that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibility In his most provocative and practical book yet, one of the foremost thinkers of our time...

The international monetary system has collapsed three times in the past hundred years, in 1914, 1939, and 1971. Each collapse was followed by a period of tumult: War, civil unrest, or significant damage to the stability of the global economy. Now James Rickards, the acclaimed author of Currency Wars, shows why another collapse is rapidly approaching - and why this time, nothing less than the institution of money itself is at risk.

Beneath the surface of economic chaos lies a deeper rhythm—one that Tesla hinted at, and the world is now waking up to. The Harmonic Collapse Playbook decodes the collapse of trust, currency, and time itself through the lens of Tesla’s 3-6-9 theory. This expanded edition takes you through the stages of financial breakdown—The Fracture, The Reset, and The Realignment—while offering a roadmap for building your sovereign ark in a post-fiat world. Written as a blend of prophecy and strategy, this visionary work fuses economic foresight with harmonic physics, exploring Bitcoin, ...

If you do not recognise 7 of the Economic Theories on the front of this book then close your knowledge gap by reading this book. NOW 3 NEW CHAPTERS ADDED including - Elon Musk's D.O.G.E. Department of Government Efficiency Theoretical Underpinnings of a D.O.G.E. Department of Government Efficiency An Example of How Musk’s Reforms Could Work Why the Approach Might Succeed How It Would Function in Practice Applications Across Different Government Sectors Potential Future Outcomes The Unintended Consequences (Chesterton’s Fence Theory) 100 Economic Theories Demystified: A Clear Guide to ...

Modern economics explains outcomes but fails to explain flow. Markets rise and fall, recessions appear and disappear, and asset prices detach from fundamentals—not because of mysterious forces, but because liquidity moves through the economy in structured, repeatable ways. The Economy as a Liquidity System reframes macroeconomics, financial markets, and investing through a single unifying lens: liquidity. Rather than treating money, credit, capital markets, households, corporations, and governments as isolated components, this book presents the economy as a dynamic liquidity network—one...