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Books be e-axes - Dec 2012

"Public Capital, Growth and Welfare: Analytical Foundations for Public Policy" by Pierre-Richard Agénor
Tue, 2012-12-04 17:14   -   (0) comments

"...Pierre-Richard Agénor lays solid foundations for intelligent public debates about development policy in a book that weaves together empirical evidence, economic intuition, and rigorous theory. The outcome is an ideal reference for those who study, teach, and work in the fields of economic growth, development, and poverty alleviation."--Costas Azariadis, Washington University in St. Louis


"The Behavioral Foundations of Public Policy" edited by Eldar Shafir
Tue, 2012-12-04 17:24   -   (0) comments

"Roll over economists. We have always, pridefully, thought of ourselves as the major arbiters of good public policy: take it or leave it based on cost-benefit analysis. The Behavioral Foundations of Public Policy challenges that hegemony. In each interesting chapter--on topics ranging from discrimination and poverty to health, savings, and bureaucracy--the book shows the role of psychology in public policy. Only one word can describe this book: wow!"--George Akerlof, Nobel Laureate in Economics


"The Roman Market Economy" by Peter Temin
Tue, 2012-12-04 17:57   -   (0) comments

"...What is of special value here is his economic analysis, including the use of regressions to show that price movements in the Roman provinces must be linked to those in Rome itself, and that the Roman economy, therefore, was a market economy. Whether one agrees or not with this basic conclusion, the framing of the evidence will alter the terms of the debate, and not just for the Roman economy but for Hellenistic economies as well. The book is a must-read for all economic historians and will surely become one of the most widely read books on the ancient economy."--J. G. Manning, Yale University


"Market Liquidity: Asset Pricing, Risk, and Crises" by Yakov Amihud, Haim Mendelson, Lasse Heje Pedersen
Tue, 2012-12-11 17:04   -   (0) comments

Internationally renowned financial professors show the importance of liquidity in determining securities prices and returns.


"After the Great Recession: The Struggle for Economic Recovery and Growth" by Barry Z. Cynamon, Steven Fazzari, Mark Setterfield
Tue, 2012-12-11 17:14   -   (0) comments

"This is the definitive statement from the fragile financial sector wing of post-Keynesian economists as to why we should be deeply pessimistic about where the economy is and where it is likely to remain." -- Eugene Smolensky, University of California, Berkeley


"Occupy The Future" Edited by David Grusky, Doug McAdam, Rob Reich and Debra Satz
Tue, 2012-12-11 17:52   -   (0) comments
The Occupy Wall Street movement has ignited new questions about the relationship between democracy and equality in the United States. Are we also entering a moment in history in which the disjuncture between our principles and our institutions is cast into especially sharp relief?

"Changing Welfare States" by Anton Hemerijck
Wed, 2012-12-19 14:29   -   (0) comments

"Anton Hemerijck's Changing Welfare States is a tour de force. Ranging broadly across countries, time periods, and policy areas, the book provides an overview of where we have been and where we might fruitfully go in terms of welfare state policy. The theoretical framework he advances deftly combines the best of institutional accounts and policy learning models into a realistic view of the possibilities of politics within evolving institutional constraints. Essential reading for scholars and policy makers alike." - Kathleen Thelen,  MIT


"The Unloved Dollar Standard: From Bretton Woods to the Rise of China" by Ronald I. McKinnon
Wed, 2012-12-19 14:45   -   (0) comments

This book presents a perspective on the role of the dollar exchange rate in undergirding multilateral trade on a global basis, both as a facilitator and as an anchor. Instability in the dollar standard is linked to commodity price bubbles, particularly spikes in the world price of oil in the 1970s and since 2007.


"The Great Recession and the Distribution of Household Income" edited by Stephen P. Jenkins, Andrea Brandolini, John Micklewright, and Brian Nolan
Fri, 2012-12-21 15:57   -   (0) comments

The first cross-national comparative perspective, it shows the diverse country experiences of the Great Recession and how its impacts have played out.



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