Modern Economics

The Making of Modern Economics presents a bold and engaging history of economics—the dramatic story of how the great economic thinkers built today’s rigorous social science. This comprehensive yet accessible introduction to the major economic philosophers begins with Adam Smith and continues through to the present day. It examines the contributions each one made to our understanding of the role of the economist, the science of economics and economic theory.

A radically revised new edition of this highly readable, popular guide aimed at everyone from students to statesmen who want to make sense of the modern economy and grasp how economic theory works in practice. It starts with the basics, and from the underlying theory it moves to the specifics of the world economy, including an analysis of the recent recession. The closing part puts the usefulness and the failings of economics under the spotlight, and looks at the innovative approaches being developed to address these failings.

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?

Vividly written, The Infidel and the Professor is a compelling account of a great friendship of two towering Enlightenment thinkers that had great consequences for modern thought. David Hume is widely regarded as the most important philosopher ever to write in English, but during his lifetime, he was attacked as "the Great Infidel" for his skeptical religious views and deemed unfit to teach the young. In contrast, Adam Smith was a revered professor of moral philosophy and is now often hailed as the founding father of capitalism.

According to McCloskey, our modern world was not the product of new markets and innovations but rather the result of shifting opinions about them. An utterly fascinating sequel to her critically acclaimed book The Bourgeois Virtues, Bourgeois Dignity is a feast of intellectual riches from one of our most spirited and ambitious historians - a work that will forever change our understanding of how the power of persuasion shapes our economic lives.

Here is a bold, new account of the lives and ideas of the great economists - Adam Smith, Karl Marx, John Maynard Keynes, Ludwig von Mises, Milton Friedman, and many others - all written by a top free-market economist and presented in an entertaining and persuasive style. Professor Mark Skousen tells a powerful story of economics with dozens of anecdotes of the great economic thinkers.

Wars are no longer fought only with soldiers, tanks, and missiles. In the modern world, power moves silently through currencies, trade routes, financial systems, and access to markets. Nations rise or fall not just by force, but by leverage. The Invisible Economic Battlefield exposes the hidden arena where global power is exercised every day, without formal declarations of war and often without the public even realizing it. This book explores how economic tools have become central weapons of statecraft in the twenty-first century. Sanctions, trade restrictions, financial surveillance, debt ...

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 Stephanie Kelton's brilliant exploration of modern monetary theory (MMT)...

Blood and Treasure looks at the history and economics of warfare from the Viking Age to the war in Ukraine, examining how incentives and institutions have changed over the centuries. It surveys how warfare helped drive Europe's rise to global prominence, and it explains how the total wars of the twentieth century required a new type of strategy, one that took economics seriously.

As America struggles with an economic debacle akin to the Great Depression, nothing could be timelier than an authoritative account of the New Deal, masterfully written by Michael Hiltzik, author of the acclaimed history of the Hoover Dam, Colossus.

In this richly peopled, vividly rendered narrative, Hiltzik describes how the urgent short-term relief measures of Franklin Roosevelt’s Hundred Days evolved into a transformative concept of the federal role in American life.

An economic downturn has shaken China’s foundations, threatening the grip of its ruling elite. Facing internal unrest and an existential political crisis, Beijing's leaders take a desperate gamble—one that will plunge the world into chaos. Their strategy is bold, methodical, and ruthless: destabilize the United States from within, weaken its alliances, and pave the way for a bold military move to reclaim Taiwan. The first step? Mexico. As cartel violence surges and political instability threatens to engulf America's southern neighbor, few realize that a shadow war is already underway. A...

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...

THE NEW YORK TIMES BOOK REVIEW EDITORS' CHOICE AN ECONOMIST BEST BOOK OF THE YEAR Sand, salt, iron, copper, oil, and lithium. These fundamental materials have created empires, razed civilizations, and fed our ingenuity and greed for thousands of years. Without them, our modern world...

This audiobook provides a synopsis of the original 1937 text of Hill’s masterpiece, Think and Grow Rich. It extracts the key principles, instructions, and examples so that the modern professional, regardless of how busy he or she is, can benefit from the timeless wisdom found in Hill’s book. Regardless of your approach, when you commit yourself to practicing the steps outlined in this audiobook, you will surely open yourself up to great personal growth and momentum toward achieving your dreams.

Vietnam: From Battlefield to Billion-Dollar Economy How did a nation ravaged by centuries of foreign rule and divided by a brutal war become one of the world’s fastest-growing economic powerhouses and a top US trade partner? For generations, Vietnam stood as a symbol of conflict, a Cold War flashpoint, a nation defined by occupation, division, and the devastating legacy of the Vietnam War. Today, it’s a story of triumphant transformation, a one-party communist state driving global capitalism. This book takes you on a journey through Vietnam’s tumultuous past to answer the central ...

The transcontinental railroads of the late 19th century were the first corporate behemoths. Their attempts to generate profits from proliferating debt sparked devastating panics in the US economy. Their dependence on public largess drew them into the corridors of power, initiating new forms of corruption. Their operations rearranged space and time, and remade the landscape of the West. As wheel and rail, car and coal, they opened new worlds of work and ways of life.

Here is a bold new history of economics, the dramatic story of how the great economic thinkers built a rigorous social science without peer.

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 ...

In this groundbreaking book, celebrated economic historian Joel Mokyr argues that a culture of growth specific to early modern Europe and the European Enlightenment laid the foundations for the scientific advances and pioneering inventions that would instigate explosive technological and economic development.

A lively history seen through the fifty inventions that shaped it most profoundly, by the bestselling author of The Undercover Economist and Messy. Who thought up paper money? What was the secret element that made the Gutenberg printing press possible? And what is the connection between...