Economics

In ancient times, scholars such as Confucius and Aristotle expounded on the virtue of the “middle way” or “intermediate,” an ideal point of moderation or balance between the extremes of human behavior. Adam Smith, widely considered the father of modern economics as we know it, also encouraged propriety in his first work, The Theory of Moral Sentiments. Since then, different schools of economics have continued to incorporate the idea of propriety into their theories, for example in such concepts as equilibrium and bounded rationality, though few economists have defined it explicitly. In light of growing uncertainty and polarization around the world, propriety economics offers alternative solutions for markets, governments, and everyday citizens.This book embarks on a thorough review of Eastern and Western philosophies of propriety over the past 2,500 years, followed by an investigation of the ideas of propriety found in five key schools of economics: classical, neoclassical, institution

Thomas Piketty—whose Capital in the Twenty-First Century pushed inequality to the forefront of public debate—wroteThe Economics of Inequality as an introduction to the conceptual and factual backgroun

Intended primarily for Principles of Economics courses, this text also provides practical content to current and aspiring industry professionals. ? Reviewers tell us that Case/Fair/Oster is one of the

《經濟學小史》用平易近人的方式，帶領讀者認識經濟學的發展與核心觀念。從亞當・史密斯到馬克思，從貨幣的誕生到經濟大蕭條，本書穿梭於古今歷史與思想，說明經濟學如何影響我們的生活與世界。無論你是學生、老師，或對社會運作有興趣的讀者，這都是一本輕鬆入門又內容扎實的好書。經濟，其實離我們並不遠。An accessible account of the history of economics through the ideas of great thinkersEconomics explains the world. For example, the fact that you’re holding this book in your hands puts you in a special position. To many people around the globe, spending money on a book and being able to read it would seem as likely as a trip to the moon. But why can some countries afford the buildings, books and teachers they need to educate their children – and others can’t? The word ‘economics’ might sound a bit dry, but it’s really about getting to the bottom of questions like these.This is a lively, bestselling account of the history of economics, told through events from ancient to modern times and through the ideas of great thinkers in the field. From Adam Smith to Karl Marx and the invention of money to the Great Depression, this Little History illuminat

From stocks and shares to supply and demand, tiny tots will discover just how simple economics can be.

Given that commercial shipping has been undertaken for over five thousand years, it is perhaps unsurprising that Maritime Economics is a well-established and flourishing area of research and study. No

David Card and Alan B. Krueger have already made national news with their pathbreaking research on the minimum wage. Here they present a powerful new challenge to the conventional view that higher minimum wages reduce jobs for low-wage workers. In a work that has important implications for public policy as well as for the direction of economic research, the authors put standard economic theory to the test, using data from a series of recent episodes, including the 1992 increase in New Jersey's minimum wage, the 1988 rise in California's minimum wage, and the 1990-91 increases in the federal minimum wage. In each case they present a battery of evidence showing that increases in the minimum wage lead to increases in pay, but no loss in jobs.A distinctive feature of Card and Krueger's research is the use of empirical methods borrowed from the natural sciences, including comparisons between the "treatment" and "control" groups formed when the minimum wag

The book confronts the popular conjecture of a Pax Sinica emerging to replace Pax Americana in the wake of global financial crisis. It argues that by virtue of its overwhelming economic, technological

IGCSE Economics Study Guide is designed for international students taking the Ed-excel IGCSE Economics examination. Following the latest IGCSSE Economics specification, this study guide covers all top