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Our range of popular economics books use stories and quotes from popular culture to demonstrate the basic principles of field economics and to show how money works.

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Popular Economics Books

  • Cracking Economics

    Tejvan Pettinger

    Product Code: BUXIM
    Hardback
    Crack the world of money and understand the economic theory that has shaped nations and influenced the way you live now. From Keynesian models to how inflation affects interest rates, Cracking Economics will make the seemingly complex world of global finance easily understood. Subjects covered include: -Macro- and micro-economics -Inflation -Recession -Economic forecasting -How stock markets work -Globalisation -Labour markets -The credit crunch -Keynesian theory -Conceptual economics -The Euro An accessible, comprehensive and fully illustrated guide to this fascinating field, Cracking Economics will get you conversing on currency and discussing the deficit with the best of them.
    • £11.99
    • RRP £14.99
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  • Talking to My Daughter About the Economy

    Yanis Varoufakis

    Product Code: BQKKP
    Paperback
    Talking to My Daughter About the Economy is the Sunday Times bestseller from world renowned economist, Yanis Varoufakis.

    Drawing on memories of his daughter Xenia's childhood and a variety of well-known tales, Yanis explains everything you need to know in order to understand why economics is the most important drama of our times.

    In answering his daughter's deceptively simple questions, he disentangles our troubling world with remarkable clarity, while inspiring us to make it a better one.
    • £7.19
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  • The End of Alchemy

    Mervyn King

    Product Code: AXGGQ
    Paperback
    The past twenty years saw unprecedented growth and stability followed by the worst financial crisis the industrialised world has ever witnessed. In the space of little more than a year what had been seen as the age of wisdom was viewed as the age of foolishness. Almost overnight, belief turned into incredulity. Most accounts of the recent crisis focus on the symptoms and not the underlying causes of what went wrong. But those events, vivid though they remain in our memories, comprised only the latest in a long series of financial crises since our present system of commerce became the cornerstone of modern capitalism. Alchemy explains why, ultimately, this was and remains a crisis not of banking - even if we need to reform the banking system - nor of policy-making - even if mistakes were made - but of ideas. In this refreshing and vitally important book, former governor of the Bank of England Mervyn King - an actor in this drama - proposes revolutionary new concepts to answer the central question: are money and banking a form of Alchemy or are they the Achilles heel of a modern capitalist economy?
    • £8.69
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  • This Changes Everything

    Naomi Klein

    Product Code: AZUXH
    Paperback
    Naomi Klein's international bestseller This Changes Everything is a must-read on our future, one of the defining and most hopeful books of this era. Forget everything you think you know about global warming. It's not about carbon - it's about capitalism. The good news is that we can seize this crisis to transform our failed economic system and build something radically better. Once a decade, Naomi Klein writes a book that redefines its era. No Logo did so for globalization. The Shock Doctrine changed the way we think about austerity. In This Changes Everything, her most provocative and optimistic book yet, Naomi Klein has upended the debate about the stormy era already upon us, exposing the myths that are clouding the climate debate. You have been told the market will save us, when in fact the addiction to profit and growth is digging us in deeper every day. You have been told it's impossible to get off fossil fuels when in fact we know exactly how to do it - it just requires breaking every rule in the "free-market" playbook. You have also been told that humanity is too greedy and selfish to rise to this challenge. In fact, all around the world, the fight back is already succeeding in ways both surprising and inspiring. It's about changing the world, before the world changes so drastically that no one is safe. Either we leap - or we sink. This Changes Everything is a book that will redefine our era. 'The most important book I've read all year - perhaps in a decade ...crucially, she leaves the reader with a sense of optimism' Stephanie Merritt, Observer, Books of the Year 'A book of such ambition and consequence it is almost unreviewable ...The most momentous and contentious environmental book since Silent Spring' Rob Nixon, The New York Times 'Naomi is like a great doctor - she can diagnose problems nobody else sees' Alfonso Cuaron 'Damn right, this changes everything ...one of the greatest nonfiction works of all time ...not just a book. It is a path of survival' D. R. Tucker, Washington Monthly
    • £9.89
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  • The Economists' Hour

    Binyamin Appelbaum

    Product Code: CDHDG
    Hardback
    The story of the economists who championed the rise of free markets and fundamentally reshaped the modern world. As the post-World War II economic boom began to falter in the late 1960s, a new breed of economists gained in influence and power. Over time, their ideas curbed governments, unleashed corporations and hastened globalization. Their fundamental belief? That governments should stop trying to manage the economy. Their guiding principle? That markets would deliver steady growth and broad prosperity. But the economists' hour failed to deliver on its premise. The single-minded embrace of markets has come at the expense of economic equality, of the health of liberal democracy, and of future generations. Across the world, from both right and left, the assumptions of the once-dominant school of free-market economic thought are being challenged, as we count the costs as well as the gains of its influence. Both accessible and authoritative, exploring the impact of both ideas and individuals, Binyamin Appelbaum's The Economists' Hour provides both a reckoning with the past and a call fora different future.
    • £16.00
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  • A World Without Work

    Daniel Susskind

    Product Code: CDBGZ
    Hardback
    'A path-breaking, thought-provoking and in-depth study of how new technology will transform the world of work' Gordon Brown New technologies have always provoked panic about workers being replaced by machines. In the past, such fears have been misplaced, and many economists maintain that they remain so today. Yet in A World Without Work, Daniel Susskind shows why this time really is different. Advances in artificial intelligence mean that all kinds of jobs are increasingly at risk. Susskind argues that machines no longer need to reason like us in order to outperform us. Increasingly, tasks that used to be beyond the capability of computers - from diagnosing illnesses to drafting legal contracts - are now within their reach. The threat of technological unemployment is real. So how can we all thrive in a world with less work? Susskind reminds us that technological progress could bring about unprecedented prosperity, solving one of mankind's oldest problems: making sure that everyone has enough to live on. The challenge will be to distribute this prosperity fairly, constrain the burgeoning power of Big Tech, and provide meaning in a world where work is no longer the centre of our lives. In this visionary, pragmatic and ultimately hopeful book, Susskind shows us the way. "This is the book to read on the future of work in the age of artificial intelligence. It is thoughtful and state-of-the-art on the economics of the issue, but its real strength is the way it goes beyond just the economics. A truly important contribution' Lawrence Summers, former Chief Economist of the World Bank 'A fascinating book about a vitally important topic. Elegant, original and compelling'Tim Harford, author of The Undercover Economist
    • £17.99
    • RRP £20.00
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  • The Passion Economy

    Adam Davidson

    Product Code: CDBKE
    Hardback
    'The Passion Economy is exactly what everyone needs today: examples of how to thrive in an economy that can seem overwhelming, and crystal-clear explanations of how to succeed. This is the book about how to live (and work) a more passionate life' Charles Duhigg, author of The Power of Habit 'Adam Davidson is one of America's most accomplished business journalists - and this book reminds us why. With a reporter's eye and a storyteller's grace, he has traveled the country to find regular people who have cracked the code of the modern economy. Reading their stories will reveal the secrets of successful careers' Daniel H. Pink, author of When 'Move over Malcolm Gladwell. In The Passion Economy Adam Davidson upends the conventional thinking about how to succeed in our topsy-turvy, seemingly unforgiving post-industrial economy by sharing the stories of regular people who followed their dreams' William D. Cohan, author of House of Cards The brilliant creator of NPR's Planet Money podcast and award-winning New Yorker staff writer explains our current economy: laying out its internal logic and revealing the transformative hope it offers for millions of people to thrive as they never have before. Contrary to what you may have heard, the middle class is not dying and robots are not stealing our jobs. In fact, writes Adam Davidson--one of our leading public voices on economic issues-- the twenty-first-century economic paradigm offers new ways of making money, fresh paths toward professional fulfillment, and unprecedented opportunities for curious, ambitious individuals to combine the things they love with their careers. Drawing on the stories of average people doing exactly this--an accountant overturning his industry, a sweatshop owner's daughter fighting for better working conditions, an Amish craftsman meeting the technological needs of Amish farmers--as well as the latest academic research, Davidson shows us how the twentieth-century economy of scale has given way in this century to an economy of passion. He makes clear, too, that though the adjustment has brought measures of dislocation, confusion, and even panic, these are most often the result of a lack of understanding. In The Passion Economy, he delineates the ground rules of the new economy, and armed with these, we begin to see how we can succeed in it according to its own terms--intimacy, insight, attention, automation, and, of course, passion. An indispensable road map and a refreshingly optimistic take on our economic future.
    • £16.00
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  • The Power of Money

    Robert Pringle

    Product Code: CBYAD
    Paperback
    Innovation in money is just as important as innovation in any other sphere of activity; money is always a "work in progress." In fact, history shows societies have tried out a wide diversity of monetary arrangements. Ideas about money have played key roles at crucial turning points in world history and during national histories. Recently, a new global money space has been created, a joint venture between the public and private sector. This book explores the new money society that has grown up to inhabit this new space. The book has several aims: Firstly, the book shows how beliefs about money, as well as attitudes and values towards it, have varied between societies and over time, and specifically how they have changed over the modern era. Secondly, the book shows the powerful effects that changing ideas have had on events, including wars and revolutions, recessions, booms and financial crises. Thirdly, the book recounts the creation of a global money space, dated to the last quarter of the 20th century, and explores its features. Fourthly, the book describes some characteristics of the new money society that inhabits the global money space. Fifthly, the book shows how each society, and indeed successive generations of the same society, has made its own unique arrangements to govern money - i.e. how it comes to terms with the power of money. The author argues that we need to develop a new arrangement now and suggests that we have much to learn from recent creative work in a number of fields ranging from the sociology of money to contemporary art. This approach sheds new light on a number of controversial issues, including the rise of crony capitalism, growing social divisions, currency wars, and asset price bubbles.
    • £21.79
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  • The Coming Age of Imagination

    Phil Teer

    Product Code: CBPRS
    Hardback
    Every adult paid a living wage. No strings attached. Universal basic income is a very old idea that is fast becoming the radical idea of the twenty-first century. It could eradicate poverty and avoid a much-predicted dystopian future of automation and high unemployment - but it could also have an unexpected effect: an explosion of mass creativity. Phil Teer draws insights from the creative and entrepreneurial effects of basic income experiments and weaves them into stories of how the Romantic poets invented consumerism; artists regenerated cities like New York, Glasgow and Berlin; and creative geniuses like David Bowie, Bob Dylan, Kurt Vonnegut, Haruki Murakami and many others liberated their creative spirits and transformed their lives. The Coming Age of Imagination is a creative manifesto for universal basic income. When we no longer have to worry about money, we have the opportunity to be creative on a mass scale. Simply put, basic income changes everything.
    • £8.79
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  • How to Be a Capitalist Without Any Capital

    Nathan Latka

    Product Code: CBXRR
    Paperback
    You don't need to be university educated, have money, be creative, or even have an idea to get rich. You just need to be willing to break the rules. How to be a Capitalist Without Any Capital will teach you how to be a modern opportunist - investor, entrepreneur, or side hustler - by breaking these four golden rules of the old guard: 1. Focus on one skill: Wrong. Don't cultivate one great skill to get ahead. In today's business world, success goes to the multitaskers. 2. Be unique: Wrong. The way to get rich is not by launching a new idea but by aggressively copying others and then adding your own twist. 3. Focus on one goal: Wrong. Focus instead on creating a system to produce the outcome you want, not just once, but over and over again. 4. Appeal to the masses: Wrong. The masses are broke ($4k average net worth in America?). Let others cut a trail through the jungle so you can peacefully walk in and capitalize on their hard work. By rejecting these defunct rules and following Nathan Latka's unconventional path, you can copy other people's ideas shamelessly, bootstrap a start-up with almost no funding, invest in small local businesses for huge payoffs, and reap all the benefits.
    • £7.99
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  • Daylight Robbery

    Dominic Frisby

    Product Code: CBICW
    Hardback
    Tax has been a tool for political, economic and social power throughout history - it is as old as civilisation itself. But how and why are we taxed the way we are, and is now it time for a fundamental change? Daylight Robbery is a whirlwind journey through the story of tax from its roots in ancient Mesopotamia right through to today exploring questions including: * What part did tax play in the formations of our global religions? * Is there a tax story at the heart of every global revolution? * Did tax start prohibition? * How did has war shaped the way societies have been taxed? Frisby finds that we are stuck in a cycle of taxation that starts when a temporary tax is introduced and then increased over time, often repressing the population and restricting basic human rights, and ending in violent revolt and revolution. He argues that now is the time for a dramatically new and reformed tax system to avoid the same fate. "You can have a God, you can have a king, but the man to fear is the tax collector." Proverb, Ancient Mesopotamia (3100 BC)
    • £16.00
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  • Trading for Good

    Christian Felber

    Product Code: CBRKJ
    Paperback
    Trade is the lifeblood of the global economy, but few would consider it a social good. Instead, our views on trade have polarized between two extremes: `free trade' ideologues who regard trade as an end in itself, and `protectionists' who view it as a destructive force to be contained. But there is another way to trade - one with the interests of people, not profit, at its heart. In this visionary work Christian Felber, founder of the Economy for the Common Good movement, offers a dazzling new paradigm for the global trading order. Confronting the `free trade religion' which has reigned since Adam Smith, Felber champions an alternative approach in which trade serves the wider interests of society, incorporating the key issues of our time: human rights, climate change, and the growing divide richer and poorer countries. He proposes the groundbreaking idea of an `Ethical Trade Zone', founded on a principled approach to tariffs and trade policies, and built with international cooperation on trade, taxation and labour. Penetrating and passionate, Christian Felber shows how this brave new economic world can be built democratically from the grassroots up, and how trading for good can be made a reality.
    • £12.29
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  • Change Everything

    Christian Felber

    Product Code: CBRKI
    Paperback
    Is it possible for businesses to have a bottom line that is not profit and endless growth, but human dignity, justice, sustainability and democracy? Or an alternative economic model that is untainted by the greed and crises of current financial systems? Christian Felber says it is. Moreover, in Change Everything he shows us how. In this new and updated edition of the book that sparked a global movement, Christian Felber proposes a blueprint for an economics of everybody: ethical, dignified, sustainable and principled. He shows that The Economy for the Common Good is not just an idea, but has already become a broad international movement with thousands of people, companies, communities and organizations participating, developing and implementing it.
    • £12.29
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  • On Fire

    Naomi Klein

    Product Code: BZRRD
    Hardback
    'Naomi Klein's work has always moved and guided me. She is the great chronicler of our age of climate emergency, an inspirer of generations' - Greta Thunberg For more than twenty years Naomi Klein's books have defined our era, chronicling the exploitation of people and the planet and demanding justice. On Fire gathers for the first time more than a decade of her impassioned writing from the frontline of climate breakdown, and pairs it with new material on the staggeringly high stakes of what we choose to do next. Here is Klein at her most prophetic and philosophical, investigating the climate crisis not only as a profound political challenge but also as a spiritual and imaginative one. Delving into topics ranging from the clash between ecological time and our culture of 'perpetual now,' to rising white supremacy and fortressed borders as a form of 'climate barbarism,' this is a rousing call to action for a planet on the brink. With dispatches from the ghostly Great Barrier Reef, the smoke-choked skies of the Pacific Northwest, post-hurricane Puerto Rico and a Vatican attempting an unprecedented 'ecological conversion,' Klein makes the case that we will rise to the existential challenge of climate change only if we are willing to transform the systems that produced this crisis. This is the fight for our lives. On Fire captures the burning urgency of the climate crisis, as well as the energy of a rising political movement demanding change now.
    • £17.99
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  • When the President Calls

    Simon W. Bowmaker (NYU Stern S

    Product Code: CBGSJ
    Hardback
    Interviews with thirty-five economic policymakers who advised presidents from Nixon to Trump. What is it like to sit in the Oval Office and discuss policy with the president? To know that the decisions made will affect hundreds of millions of people? To know that the wrong advice could be calamitous? When the President Calls presents interviews with thirty-five economic policymakers who served presidents from Nixon to Trump. These officials worked in the executive branch in a variety of capacities-the Council of Economic Advisers, the Office of Management and Budget, the Department of the Treasury, and the National Economic Council-but all had direct access to the policymaking process and can offer insights about the difficult tradeoffs made on economic policy. The interviews shed new light, for example, on the thinking behind the Reagan tax cuts, the economic factors that cost George H. W. Bush a second term, the constraints facing policymakers during the financial crisis of 2008, the differences in work styles between Bill Clinton and Barack Obama, and the Trump administration's early budget process. When the President Calls offers a unique, behind-the-scenes perspective on US economic policymaking, with specific and personal detail-the turmoil, the personality clashes, the enormous pressure of trying to do the right thing while the clock is ticking. Interviews with Nicholas F. Brady, Lael Brainard, W. Michael Blumenthal, Michael J. Boskin, Stuart E. Eizenstat, Martin S. Feldstein, Stephen Friedman, Jason Furman, Austan D. Goolsbee, Alan Greenspan, Kevin A. Hassett, R. Glenn Hubbard, Alan B. Krueger, Arthur B. Laffer, Edward P. Lazear, Jacob J. Lew, N. Gregory Mankiw, David C. Mulford, John Michael Mulvaney, Paul H. O'Neill, Peter R. Orszag, Henry M. Paulson, Alice M. Rivlin, Harvey S. Rosen, Robert E. Rubin, George P. Shultz, Charles L. Schultze, John W. Snow, Gene B. Sperling, Joseph E. Stiglitz, Lawrence H. Summers, John B. Taylor, Paul A. Volcker, Murray L. Weidenbaum, Janet L. Yellen
  • Million Dollar Maths

    Hugh Barker

    Product Code: CAXQQ
    Paperback
    Million Dollar Maths is an invaluable guide to the straightforward and outlandish mathematical strategies that can make you rich. ____________ How can you turn $1000 into $1 million? What is the best way to beat the lottery odds? When is the best time to take out a loan? How did one group of gamblers bet on hole-in-ones to win GBP500,000? How can maths help you set up a successful tech start-up? What about proving the Goldbach Conjecture for $1 million? Learn the techniques for growing your everyday finances, as well as the common mistakes to avoid. Discover the skills, both fair and foul, that offer an additional edge when investing and gambling. And discover why we often misunderstand probability and statistics - with troubling financial costs. From making the most of special offers to utilising the power of exponential growth in your investments; from the art of card counting, to inventing the next Google, Million Dollar Maths is the quintessential primer to the myriad ways maths and finance intersect.
    • £7.19
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  • The Future of Finance

    Henri Arslanian

    Product Code: BZNYZ
    Hardback
    This book, written jointly by an engineer and artificial intelligence expert along with a lawyer and banker, is a glimpse on what the future of the financial services will look like and the impact it will have on society. The first half of the book provides a detailed yet easy to understand educational and technical overview of FinTech, artificial intelligence and cryptocurrencies including the existing industry pain points and the new technological enablers. The second half provides a practical, concise and engaging overview of their latest trends and their impact on the future of the financial services industry including numerous use cases and practical examples. The book is a must read for any professional currently working in finance, any student studying the topic or anyone curious on how the future of finance will look like.
    • £24.89
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  • Money and Government

    Robert Skidelsky

    Product Code: BZMTU
    Paperback
    'In this remarkable work, Robert Skidelsky unites his experience, knowledge and talents in a sweeping account of money and power' James K. Galbraith The dominant view in economics is that money and government should play only a minor role in economic life. Money, it is claimed, is nothing more than a medium of exchange; and economic outcomes are best left to the 'invisible hand' of the market. The view taken in this important new book is that the omnipresence of uncertainty make money and government essential features of any market economy. One reason we need money is because we don't know what the future will bring. Government - good government - makes the future more predictable and therefore reduces this kind of demand for money. After Adam Smith orthodoxy persistently espoused non-intervention, but the Great Depression of 1929-32 stopped the artificers of orthodox economics in their tracks. A precarious balance of forces between government, employers, and trade unions enabled Keynesian economics to emerge as the new policy paradigm of the Western world. However, the stagflation of the 1970s led to the rejection of Keynesian policy and a return to small-state neoclassical orthodoxy. Thirty years later, the 2008 global financial crash was severe enough to have shaken the re-vamped classical orthodoxy, but, curiously, this did not happen. Once the crisis had been overcome - by Keynesian measures taken in desperation - the pre-crash orthodoxy was reinstated, undermined but unbowed. Since 2008, no new 'big idea' has emerged, and orthodoxy has maintained its sway, enacting punishing austerity agendas that leave us with a still-anaemic global economy. This book aims to familiarise the reader with essential elements of Keynes's 'big idea'. By showing that much of economic orthodoxy is far from being the hard science it claims to be, it aims to embolden the next generation of economists to break free from their conceptual prisons and afford money and government the starring roles in the economic drama that they deserve.
    • £10.39
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  • The Future of Capitalism

    Paul Collier

    Product Code: BYOAG
    Paperback
    *FEATURED IN BILL GATES'S 2019 SUMMER READING RECOMMENDATIONS* 'This is a beautifully written and important book. Read it' Martin Wolf, Financial Times From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it Deep new rifts are tearing apart the fabric of Britain and other Western societies: thriving cities versus the provinces, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit and the return of the far right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts - economic, social and cultural - with the cool head of pragmatism, rather than the fervour of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world's most distinguished social scientists, he shows us how to save capitalism from itself - and free ourselves from the intellectual baggage of the 20th century. These times are in desperate need of Paul Collier's insights. The Future of Capitalism restores common sense to our views of morality, as it also describes their critical role in what makes families, organizations, and nations work. It is the most revolutionary work of social science since Keynes. Let's hope it will also be the most influential - George Akerlof, Nobel Laureate in Economics, 2001 In this bold work of intellectual trespass, Paul Collier, a distinguished economist, ventures onto the terrain of ethics to explain what's gone wrong with capitalism, and how to fix it. To heal the divide between metropolitan elites and the left-behind, he argues, we need to rediscover an ethic of belonging, patriotism, and reciprocity. Offering inventive solutions to our current impasse, Collier shows how economics at its best is inseparable from moral and political philosophy' - Michael Sandel, author of What Money Can't Buy and Justice For thirty years, the centre left of politics has been searching for a narrative that makes sense of the market economy. This book provides it - John Kay, Fellow of St John's College, Oxford and the author of Obliquity and Other People's Money For well-to-do metropolitans, capitalism is the gift that goes on giving. For others, capitalism is not working. Paul Collier deploys passion, pragmatism and good economics in equal measure to chart an alternative to the divisions tearing apart so many western countries. -Mervyn King, former Governor of the Bank of England
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  • Before Babylon, Beyond Bitcoin

    David Birch

    Product Code: BYNKQ
    Paperback
    Money is changing, and this book looks at where the technology of money might be taking us in the future. Technology has moved our concept of money from physical things, to unseen bits of information. With the arrival of smart cards, mobile phones and Bitcoin, it has become easier than ever to create new forms of money. Crucially, money is also inextricably connected with our identities. Your card or phone can identify you for security - and also enable information about you to be associated with your money (think for example of store 'points' cards). To understand all of this and to see where we might be going, the author first of all looks back over the whole history of money, which spans thousands of years. He sees evidence for possible futures in the past, both recent and ancient. After all, not all 'future' starts from today. For example, it can be argued that the future of money began back in 1971, when money became a claim backed by reputation rather than by commodities of any kind. At this point, money became bits. Looking much further back to a world before cash and central banks we see multiple 'currencies' operating at the level of communities, and the use of barter.The newest technologies will take money back to where it came from: a substitute for memory, to record mutual debt obligations within multiple overlapping communities. This time though money will be smart. It will be money that reflects the values of the communities that produced it. Future money will know where it has been, who has been using it and what they have been using it for.
  • Licence to be Bad

    Jonathan Aldred

    Product Code: BXZQC
    Hardback
    Over the past fifty years, the way we value what is 'good' and 'right' has changed dramatically. Behaviour that to our grandparents' generation might have seemed stupid, harmful or simply wicked now seems rational, natural, woven into the very logic of things. And, asserts Jonathan Aldred in this revelatory new book, it's economics that's to blame. Licence to be Bad tells the story of how a group of economics theorists changed our world, and how a handful of key ideas seeped into our decision-making and, indeed, almost all aspects of our lives. Aldred reveals the extraordinary hold of economics on our morals and values. Economics has corrupted us. But if this hidden transformation is so recent, it can be reversed. Licence to be Bad shows us where to begin.
    • £20.00
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  • How to Predict Everything

    William Poundstone

    Product Code: BXZQP
    Paperback
    How do you predict something that has never happened before? There's a useful calculation being employed by Wall Street, Silicon Valley and maths professors all over the world, and it predicts that the human species will become extinct in 760 years. Unfortunately, there is disagreement over how to apply the formula, and some argue that we might only have twenty years left. Originally devised by British clergyman Thomas Bayes, the theorem languished in obscurity for two hundred years before being resurrected as the lynchpin of the digital economy. With brief detours into archaeology, philology, and overdue library books, William Poundstone explains how we can use it to predict pretty much anything. What is the chance that there are multiple universes? How long will Hamilton run? Will the US stock market continue to perform as well this century as it has for the last hundred years? And are we really all doomed?
    • £10.39
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  • Incentivology

    Jason Murphy

    Product Code: BXZKW
    Paperback
    Rewards. Punishments. Prices. The Nobel Prize. Candy Crush. Incentives take more forms than you might expect and they can be hard to spot, but they shape our lives in ways that we rarely examine. Some incentives are obvious, like for example, publicly committing to doing something you dislike in order to motivate you to do something difficult, like lose weight. But, many of the most powerful incentives are accidental, and invisible even to those who designed them. Some are tame - and some are most definitely not. Whether it's bounties for criminals or Instagrammable meals, training your dog or saving the planet, incentives regularly backfire, go missing, mutate and evolve. Without oversight, their unintended consequences can have very global effects. In Incentivology, economist Jason Murphy uncovers the huge incentive systems we take for granted and turns them inside out. In lively, entertaining prose he explores the mechanisms behind many spectacular failures and successes in our history, culture and everyday lives, and shows us how to use (or lose) incentives in our world at large.
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  • Rockonomics

    Alan Krueger

    Product Code: BXXRQ
    Hardback
    Alan Krueger, the former chairman of the president's Council of Economic Advisers, uses the music industry, from rock artists to music executives, from managers to promoters, as a way in to explain the principles of economics, and the forces shaping our economic lives. As economists recognize, the music industry is often a leading indicator of today's economy; it is among the first to be disrupted by the latest wave of technology, and examining the ins and outs of how musicians create and sell new songs and plan concert tours offers valuable lessons for what is in store for businesses and employees in other industries that are struggling to adapt. Drawing on interviews with leading band members, music executives, managers, promoters, and using the latest data on revenues, royalties, tour dates, and merchandise, Rockonomics takes readers backstage to show how the music industry really works--who makes money and how much, and how the economics of the music industry has undergone a radical transformation during the last twenty years. Before digitalization and the ability to stream music over the Internet, rock musicians made the bulk of their income from record sales. Today, income from selling songs has plummeted, even for superstars like Taylor Swift; the real money nowadays is derived from concert sales. In 2016, for example, Billy Joel earned $212.4 million from his live performances, and less than $1 million from record sales and streaming. Even Paul McCartney, who has written and recorded more number one songs than anyone in music history, today, earns 93 percent of his income from live concerts. Krueger tackles common questions: How does a song become popular? And how does a new artist break out in today's winner-take-all economy?
    • £16.00
    • RRP £20.00
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