Power Economics

This book is written under specific conditions of which you should be aware. First, it’s not a “how to get rich” book for individuals looking to maximize their 401(k) or invest in the stock market. I have other material for these purposes. Secondly, it’s not a book for all people of all backgrounds.

“Pfeffer [blends] academic rigor and practical genius into wonderfully readable text. The leading thinker on the topic of power, Pfeffer here distills his wisdom into an indispensable guide.” —Jim Collins, author of New York Times bestselling author Good to Great and How the Mighty Fall...

NEW YORK TIMES AND WALL STREET JOURNAL BESTSELLER From two winners of the 2024 Nobel Prize in Economic Sciences, “who have demonstrated the importance of societal institutions for a country’s prosperity” “A wildly ambitious work that hopscotches through history and around the world...

In their bestselling first book, Prediction Machines, eminent economists Ajay Agrawal, Joshua Gans, and Avi Goldfarb explained the simple yet game-changing economics of AI. Now, in Power and Prediction, they go deeper, examining the most basic unit of analysis: the decision. The authors explain that the two key decision-making ingredients are prediction and judgment, and we perform both together in our minds, often without realizing it.

NATIONAL BESTSELLER Why do some fights for justice hit a wall while others succeed? What does it take to win social change, especially now? It comes down to understanding one thing: the difference between presence and power. Failing to do so is one way we got into this mess, but...

Electricity markets are among the most complex economic systems in modern society. Prices must coordinate real-time physical balance, long-term investment, network constraints, risk management, and regulatory intervention—often simultaneously. When prices spike, collapse, or diverge across locations, the system is frequently described as broken. In reality, it is operating under constraints unlike those of any other market. The Economics of Electricity Markets provides a structured, analytically grounded explanation of how power markets actually work—and why they behave the way they do....

“Identity politics” is everywhere, polarizing discourse from the campaign trail to the classroom. But the “identity politics” so compulsively referenced bears little resemblance to the concept as first introduced by the radical Black feminist Combahee River Collective. While the Collective articulated a political viewpoint grounded in their own position as Black lesbians with the explicit aim of building solidarity across lines of difference, “identity politics” is now frequently weaponized as a means of closing ranks around ever-narrower conceptions of group interests. 

NEW YORK TIMES BESTSELLER The New Yorker Best Books of 2022 Financial Times Best Books of 2022 The Economist Best Books of 2022 The dramatic rise—and unimaginable fall—of America's most iconic corporation by New York Times bestselling author and pre-eminent financial journalist...

When scholars and policymakers consider how technological advances affect the rise and fall of great powers, they draw on theories that center on the moment of innovation—the eureka moment that sparks astonishing technological feats. In this book, Jeffrey Ding offers a different explanation of how technological revolutions affect competition among great powers.

From the bestselling author of Thinking in Bets comes a toolkit for mastering the skill of quitting to achieve greater success Business leaders, with millions of dollars down the drain, struggle to abandon a new app or product that just isn’t working. Governments, caught in a hopeless conflict...

In a book that “sets a new standard in economic history” (Tim Harford, author of The Undercover Economist), acclaimed economic historian Victoria Bateman tells the story of how women made the world rich How many female entrepreneurs, economic revolutionaries, merchants, and industrialists...

Master the financial forces controlling your daily life with this accessible, jargon-free guide to personal economics. Discover the hidden logic behind everything from your morning coffee price to global market shifts. This educational journey replaces heavy math with relatable stories...

Throughout time, from ancient Rome to modern Britain, the great empires built and maintained their domination through force of arms and political power. But not the United States. America has dominated the world in a new, peaceful, and pervasive way - through the continued creation of staggering wealth. In this authoritative, engrossing history, John Steele Gordon captures as never before the true source of our nation's global influence: wealth and the capacity to create more of it.

Awarded the 2024 Nobel Prize in Economics, Daron Acemoglu and Simon Johnson overturn conventional wisdom about how economies work--revealing the untold story of who wins and who loses the rewards of prosperity--in a work that fundamentally transforms how we look at and understand the world...

The Travels of a T-Shirt in the Global Economy is a critically acclaimed narrative that illuminates the globalization debates and reveals the key factors to success in global business. Tracing a T-shirt's life story from a Texas cotton field to a Chinese factory and back to a US storefront before arriving at the used clothing market in Africa, the book uncovers the political and economic forces at work in the global economy.

NEW YORK TIMES BESTSELLER The epic story of how America turned the world economy into a weapon, upending decades of globalization to confront a new authoritarian axis—Russia, China, and Iran. "Deftly written, Chokepoints is a compelling and dramatic narrative about the new shape of...

Spanning five centuries of history, The Rise and Fall of the Great Powers offers a sweeping exploration of how nations rise to dominance and fall into decline. Paul Kennedy masterfully examines the intricate interplay between economics and strategy, revealing how shifts in wealth and resources have shaped global power dynamics from 1500 to 2000. Filled with keen insights, this groundbreaking and important work provides a compelling lens through which to understand the forces that continue to shape our modern world.

From the former secretary of defense and author of the acclaimed #1 bestselling memoir, Duty, a candid, sweeping examination of power, and how it has been exercised, for good and bad, by American presidents in the post-Cold War world. Since the end of the Cold War, the global perception of the...

Shortlisted for the Financial Times Business Book of the Year Named a Best Book of 2022 by The Economist “A gripping fly-on-the-wall story of the rise of this unique and important industry based on extensive interviews with some of the most successful venture capitalists.” - Daniel...

Murray N. Rothbard's great treatise, Man, Economy, and State, and its complementary text, Power and Market, are here combined into a single audiobook edition as they were written to be. It provides a sweeping presentation of Austrian economic theory, a reconstruction of many aspects of that theory, a rigorous criticism of alternative schools, and an inspiring look at a science of liberty that concerns nearly everything and should concern everyone.