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The paradox of asset pricing
Asset pricing theory abounds with elegant mathematical models. The logic is so compelling that the models are widely used in policy, from banking, investments, and corporate finance to government. To what extent, however, can these models predict what actually happens in financial markets? In The...
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The preobrazhensky papers: archival documents and materials
The documents in this volume, newly discovered and translated into English for the first time, reveal a previously unknown Preobrazhensky.
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The real economy
A provocative new theory of “the economy,” its history, and its politics that better unites history and economics What is the economy, really? Is it a “market sector,” a “general equilibrium,” or the “gross domestic product”? Economics today has become so preoccupied with methods that economists ...
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The republic of beliefs
A leading economist offers a radically new approach to the economic analysis of the lawThe Republic of Beliefs argues that the traditional economic analysis of the law has significant flaws and has failed to answer certain critical questions satisfactorily. Why are good laws drafted but never imp...
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The resource curse
The resource curse, or paradox of plenty, refers to the long-established notion central in development economics that countries rich in natural resources, particularly minerals and fuels, perform less well economically than countries with fewer natural resources. In other words, resources are an ...
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The social life of money
A reevaluation of what money is—and what it might beQuestions about the nature of money have gained a new urgency in the aftermath of the global financial crisis. Even as many people have less of it, there are more forms and systems of money, from local currencies and social lending to mobile mon...
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The types of economic policies under capitalism
One of the most important works of the legendary Japanese Marxist, Kôzô Uno, finally available in English translation.
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The tyranny of utility
The general assumption that social policy should be utilitarian--that society should be organized to yield the greatest level of welfare--leads inexorably to increased government interventions. Historically, however, the science of economics has advocated limits to these interventions for utilita...
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Theory as critique
Theory as Critique argues that the key to understanding Marx’s Capital lies in viewing it as a critique of economic theory.
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Theory of games and economic behavior
This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as a modest proposal that a mathematician and an economist write a short paper together blossomed, in 1944, when Princeton University Press published Theory of Games and Economic Behavior. In...
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Theory of the consumption function
What is the exact nature of the consumption function? Can this term be defined so that it will be consistent with empirical evidence and a valid instrument in the hands of future economic researchers and policy makers? In this volume a distinguished American economist presents a new theory of the...
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Time and the generations
Time and the Generations blends economics, philosophy, and ecology to offer an original lens on the difficult topic of global population. Partha Dasgupta provides tentative answers to two fundamental questions: What level of economic activity can our planet support over the long run, and what doe...
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Time in marx
An original reading of the logic of all three volumes of Capital which takes time as its starting point.
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Time, capitalism, and alienation
Martineau challenges us to see Time’ not as an objective reality, but as something structured by power and property relations.
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Topics in identification, limited dependent variables, partial observability, experimentation, and flexible modeling
In honor of Dale J. Poirier, experienced editors Ivan Jeliazkov and Justin Tobias bring together a cast of expert contributors to explore the most up-to-date research on econometrics, including subjects such as panel data models, posterior simulation, and Bayesian models.
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Trajectories of declining and destructive capitalism
Volume 40 explores themes related to various “trajectories of declining and destructive capitalism” within the framework of contemporary Marxism. Social scientists from ten countries at various stages of their careers work to strengthen Marxism, applying methods to the interpretation and, above a...
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Trekonomics
Trekonomics explores the economics of the Star Trek universe as if it were real, and discusses how our own world can work towards that model.
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Uncertainty, expectations, and financial instability
Eric Barthalon applies the neglected theory of psychological time and memory decay of Maurice Allais to model investors’ psychology in the present context of recurrent financial crises
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Understanding institutions
A groundbreaking new synthesis and theory of social institutionsUnderstanding Institutions proposes a new unified theory of social institutions that combines the best insights of philosophers and social scientists who have written on this topic. Francesco Guala presents a theory that combines the...
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Understanding mattessich and ijiri
This book deals with current discussion of the classic works by two prominent authors on accounting, R. Mattessich and Y. Ijiri. Their antecedents, and the way in which each author came to construct his work, make up the central subject of this study.
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Unequal chances
Is the United States "the land of equal opportunity" or is the playing field tilted in favor of those whose parents are wealthy, well educated, and white? If family background is important in getting ahead, why? And if the processes that transmit economic status from parent to child are unfair, c...
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Value and crisis
A landmark collection of essays by renowned Marxist political economist Alfredo Saad-Filho.
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Value, money, profit, and capital today
Connecting fundamental, theoretical, and empirical subjects with the most current scholarship on value, money, profit and capital today, this book makes sense of our increasingly interconnected global economy, highlighting key issues and proposing real-world solutions from the most knowledgeable ...
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What really counts
What Really Counts is an essential, firsthand story of the promise and challenges of accounting for social, economic, and environmental benefits. Ronald Colman recounts two decades of working with three governments to adopt measures capable of quantifying factors that GDP overlooks.
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What was neoliberalism?
Eminent scholar-activist Neil Davidson’s brilliance is on full display in this posthumous work, a timely and prescient introduction to the neoliberal era. While it is widely agreed that neoliberalism arose in the wake of the global economic crisis of the 1970s, there remains much debate about how...
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What we owe each other
From one of the leading policy experts of our time, an urgent rethinking of how we can better support each other to thriveWhether we realize it or not, all of us participate in the social contract every day through mutual obligations among our family, community, place of work, and fellow citizens...
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Why trust matters
Benjamin Ho reveals the surprising importance of trust to how we understand our day-to-day economic lives. Starting with the earliest societies and proceeding through the evolution of the modern economy, he explores its role across an astonishing range of institutions and practices.
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William a. paton
This groundbreaking study explores major influences on Paton’s thoughts on accounting and shows how Paton was an active participant in the professional accounting organizations of his day.
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World in crisis
The most comprehensive empirically based defense of Marx’s law of profitability as the cause of Capitalist crises.
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Zombie capitalism
An incisive and devastating critique of capitalism, sounding the alarm that the system poses a threat to human well-being.
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