Modern Economic Theory

Unlock the hidden secrets of the economy with Understanding Austrian Economics in 10 Days: Everything You Were Never Taught About Money, Markets, and Freedom. Discover a revolutionary perspective that challenges conventional wisdom and empowers you to take control of your financial future! In this engaging, easy-to-read guide, you'll explore the dynamic world of Austrian economics—unraveling concepts like the subjective theory of value, spontaneous market order, and the impact of government intervention. With real-world case studies, thought-provoking discussion questions, and profiles of...

A New York Times Bestseller A “clear and vigorously written book” (Foreign Affairs), from the leading thinker of modern monetary theory, that delivers a bold new understanding for how to build a prosperous society Myths about deficits have long hobbled us as a country. Supporting the economy...

The Philosophy of Money is the magnum opus of German sociologist and philosopher Georg Simmel, a work that takes the most prosaic of objects—money—and turns it into the key that unlocks the deepest structures of modern existence. More than an economic treatise, this book plunges from the surface of monetary transactions into the very foundations of human value, social interaction, and spiritual life. Simmel reconstructs the conditions that gave money its meaning: the psychological constitution of value, the social relations of exchange, and the logical structure of reality. Written at ...

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...

The yield curve is now as widely followed by the financial press as movie stars are followed by paparazzi. The tabloids often comment on any noticeable changes in the physical features of the celebrities they stalk. Similarly, the financial paparazzi are obsessed with the shape of the yield curve. The spread between the “long end” and the “short end” of the curve is widely deemed to be a great leading indicator of recessions when it goes negative. Such yield “inversions” do have a good track record of occurring several months before the start of recessions. In this Topical Study...

What if everything you thought you knew about government money was wrong? Most of us imagine Uncle Sam hunched over a giant checkbook, nervously eyeing the balance like any household trying to make ends meet. But here's the plot twist that changes everything: the U.S. government doesn't spend taxpayer dollars—it creates the dollars it spends, then taxes some back to keep the economy from overheating. This isn't some fringe conspiracy theory; it's Modern Monetary Theory, and once you see it, you can't unsee it. Suddenly those breathless headlines about "fiscal responsibility" and "maxing ...

Gunnar Myrdal Explained: Institutional Economics, An American Dilemma, Welfare State Theory, Social Inequality, Development Economics, Cumulative Causation, and the Political Economy of Modern Society Gunnar Myrdal was one of the most influential thinkers of the twentieth century, yet his ideas remain underexplored by general readers. In this comprehensive and accessible guide, discover how Myrdal reshaped economics, sociology, and public policy through groundbreaking concepts such as cumulative causation, institutional analysis, and the role of values in social science. This book unpacks ...

In World of Oil Derivatives, Greg Newman breaks down the inner workings of financial oil markets and how to navigate their intricacies. Whether you are looking for a better understanding of the market’s evolution or some help with trading—this book is the ultimate guide to one of the world’s most complex and opaque industries.

Understanding Money Mechanics provides the intelligent layperson with a concise yet comprehensive overview of the theory, history, and practice of money and banking, with a focus on the United States. Although the author considers himself an Austrian school economist, most of the material in this book is a neutral presentation of historical facts and an objective description of the mechanics of money creation in today's world. This book is intended to be a reference for all readers, whether "Austrian" or not, and to bridge the gap by providing a crash course in the necessary theory and ...

Why does everything suddenly feel expensive? Why do housing costs rise faster than wages? Why do interest rates move markets overnight? Why does inflation return again and again across history? Most explanations blame a single cause. But inflation is not one event—it is a system. The Economics of Inflation explains how prices are shaped by the hidden architecture of modern economies: money creation, banking systems, supply chains, fiscal policy, expectations, and global markets. This book connects the dots between everyday prices and the structures that produce them. You will learn: • ...

One of the most unique aspects of anarchism as a political philosophy is that it seeks to abolish the state. But what exactly is “the state”? The State is like a vast operating system for ordering and controlling relations among human society, the economy, and the natural world, analogous to a digital operating system. Anyone concerned with entrenched power, income inequality, lack of digital privacy, climate change, the response to COVID-19, or military-style policing will find eye-opening insights into how states operate and build more power for themselves—at our expense.

Prosperity Through Policy: Understanding the Principles and Legacy of Keynesian Economics offers a clear and engaging exploration of one of the most influential schools of economic thought in history. From the devastation of the Great Depression to the rebuilding of the postwar world and the challenges of the twenty-first century, Keynesian ideas have shaped the way nations manage growth, employment, and stability. This book traces the life and work of John Maynard Keynes, the British economist whose groundbreaking insights transformed both theory and practice. Readers will discover how ...

Sostener la sanidad pública, crear puestos de trabajo, dotarnos de infraestructuras modernas, luchar contra la desigualdad, prevenir el apocalipsis climático..., cualquier objetivo ambicioso inevitablemente se topa con la queja de cómo encontrar el dinero para financiar esos proyectos, enraizada en una serie de mitos sobre el déficit que nos obstaculizan de manera sistemática.

New York Times bestselling author David Jeremiah uncovers the Bible's prophetic clues to the world's financial future—prophecies that just might indicate that we are living in the final days of Earth's history. Never before have we read such jarring headlines, distressing news analyses, or...

Reason, Liberty, and Progress: Exploring the Enduring Ideas of John Stuart Mill offers a clear and comprehensive journey through the life, philosophy, and legacy of one of the nineteenth century’s most influential thinkers. John Stuart Mill shaped modern ideas about liberty, individuality, democracy, women’s rights, and the balance between free markets and social responsibility. His writings, including On Liberty, Utilitarianism, and The Subjection of Women, continue to inspire debates about freedom, justice, and progress in the twenty-first century. This book introduces Mill’s ...

Economics makes the world go-round, whether you realize it or not. The world economy has a real effect on your daily life, and a better understanding of the principles at play in things like taxation and inflation can, quite literally, save you money every day. If you are interested in learning more, then Economics: A Beginner's Guide to Economics is just what you have been looking for.

Transcending Capitalism explains why many influential mid-century American social theorists came to believe it was no longer meaningful to describe modern Western society as "capitalist", but instead preferred alternatives such as "postcapitalist" society, "postindustrial" society, or the "technological" society.

Bloomsbury presents Age of Discovery: Navigating the Storms of Our Second Renaissance by Ian Goldin and Chris Kutarna read by Philip Franks Age of Discovery looks at the world on the brink of a new Renaissance and asks the question, how do we avoid chaos and disruption, and share more widely the...

We face a crisis of sexuality. During the last few years, we have witnessed an unprecedented breakdown of traditions and mores concerning sexuality and the family. Countries across the West have suddenly and seemingly irrevocably instituted same-sex marriage; a former athlete has won awards for publicly changing gender; and no one seems to know what restroom to use any more. What used to be taboo and frowned upon has become normal and even encouraged. What used to be normal and sought after is now viewed as unnecessary and possibly harmful.

Dive into an enlightening exploration of Marx's historical materialism, simplified and tailored for the 21st-century reader. "Chains & Change" isn't just a historical overview; it's a vibrant journey through the very fabric of society, revealing how Marx's ideas shape and influence the world we live in today. With engaging narratives, relatable examples, and a jargon-free approach, this book breaks down complex concepts, making them accessible to everyone, regardless of their familiarity with Marx. Discover the modern applications of Marx's ideas, from environmentalism to digital economies,...