Economie

Who makes most money from the demand for cappuccinos early in the morning at Waterloo Station? Why is it impossible to get a foot on the property ladder? How does the Mafia make money from laundries when street gangs pushing drugs don't? Who really benefits from immigration? How can China, in just fifty years, go from the world's worst famine to one of the greatest economic revolutions of all time, lifting a million people out of poverty a month?

Looking at familiar situations in unfamiliar ways, THE UNDERCOVER ECONOMIST is a fresh explanation of the fundamental principles of the modern economy, illuminated by examples from the streets of London to the booming skyscrapers of Shanghai to the sleepy canals of Bruges. Leaving behind textbook jargon and equations, Tim Harford will reveal the games of signals and negotiations, contests of strength and battles of wit that drive not only the economy at large but the everyday choices we make.

Why has power in the West assumed the form of an "economy," that is, of a government of men and things? If power is essentially government, why does it need glory, that is, the ceremonial and liturgical apparatus that has always accompanied it?

In the early centuries of the Church, in order to reconcile monotheism with God's threefold nature, the doctrine of Trinity was introduced in the guise of an economy of divine life. It was as if the Trinity amounted to nothing more than a problem of managing and governing the heavenly house and the world. Agamben shows that, when combined with the idea of providence, this theological-economic paradigm unexpectedly lies at the origin of many of the most important categories of modern politics, from the democratic theory of the division of powers to the strategic doctrine of collateral damage, from the invisible hand of Smith's liberalism to ideas of order and security.

But the greatest novelty to emerge from The Kingdom and the Glory is that modern power is not only government but also glory, and that the ceremonial, liturgical, and acclamatory aspects that we have regarded as vestiges of the past actually constitute the basis of Western power. Through a fascinating analysis of liturgical acclamations and ceremonial symbols of powerthe throne, the crown, purple cloth, the Fasces, and moreAgamben develops an original genealogy that illuminates the startling function of consent and of the media in modern democracies. With this book, the work begun with Homo Sacer reaches a decisive point, profoundly challenging and renewing our vision of politics.

Analyse van de negatieve gevolgen die de industriële groei voor de mens heeft

Nancy McKinstry, bestuursvoorzitter van informatieleverancier Wolters Kluwer, over de razendsnelle technologische veranderingen, de daaruit voortvloeiende ethische vraagstukken en het belang van diversiteit en inclusiviteit voor ondernemingen als Wolters Kluwer.00Dit boek bevat de Nederlandse vertaling plus het Engelse origineel - uitgebreid en geannoteerd - van de vijfde EW Economie-lezing die de bestuursvoorzitter van informatieleverancier Wolters Kluwer Nancy McKinstry donderdagavond 10 maart 2022 heeft uitgesproken in debatcentrum De Rode Hoed in Amsterdam.00De Amerikaanse McKinstry (63) is sinds september 2003 CEO en voorzitter van de raad van bestuur van informatieleverancier Wolters Kluwer. Toonaangevende media hebben haar herhaaldelijk een van de machtigste vrouwen in het bedrijfsleven genoemd. Ze staat op de lijst van Fortune International?s Most Powerful Women in Business en is opgenomen in HBR?s 2019-lijst van ?de meest effectieve CEO?s van de wereld?.00In de jaarlijkse EW Economie-lezing geven ondernemers, bestuurders van bedrijven en economen hun visie op ontwikkelingen in de samenleving. De EW Economie-lezing is eerder uitgesproken door Ben van Beurden (Shell), Pieter Elbers (KLM), Frans van Houten (Philips) en Jacco Vonhof (MKB-Nederland). Nancy McKinstry vertegenwoordigt bij dit eerste lustrum een dubbele primeur: zij is de eerste vrouw én de eerste niet-Nederlander die de EW Economie-lezing verzorgt.0.

"Failed states" Chomsky writes, are those "that do not protect their citizens from violence and perhaps even destruction, that regard themselves as beyond the reach of domestic or international law, and that suffer from a 'democratic deficit,' having democratic forms but with limited substance." Exploring recent U.S. foreign and domestic policies, Chomsky assesses Washington's escalation of the nuclear risk, the dangerous consequences of the occupation of Iraq; and America's self-exemption from international law. He also examines an American electoral system that frustrates genuine political alternatives, thus impeding any meaningful democracy.

Glaeser travels through history and around the globe to reveal the hidden workings of cities and how they bring out the best in humankind. Even the worst cities-Kinshasa, Kolkata, Lagos- confer surprising benefits on the people who flock to them, including better health and more jobs than the rural areas that surround them. Glaeser visits Bangalore and Silicon Valley, whose strangely similar histories prove how essential education is to urban success and how new technology actually encourages people to gather together physically. He discovers why Detroit is dying while other old industrial cities-Chicago, Boston, New York-thrive. He investigates why a new house costs 350 percent more in Los Angeles than in Houston, even though building costs are only 25 percent higher in L.A. He pinpoints the single factor that most influences urban growth-January temperatures-and explains how certain chilly cities manage to defy that link. He explains how West Coast environmentalists have harmed the environment, and how struggling cities from Youngstown to New Orleans can "shrink to greatness." And he exposes the dangerous anti-urban political bias that is harming both cities and the entire country.

There has been much talk about family values in recent years, but little examination of the economic forces that are exploding family life and limiting the caregiving that families can provide. As Folbre points out in her provocative and insightful new book, every society must confront the problem of balancing self-interested pursuits with care for others--including children, the elderly, and the infirm. Historically, most societies enjoyed an increased supply of care by maintaining strict limits on women's freedom. But as these limits happily and inevitably give way, there are many consequences for those who still need care.

Using the image of "the invisible heart" to evoke the forces of compassion that must temper the forces of self-interest, Folbre argues that if we don't establish a new set of rules defining our mutual responsibilities for caregiving, the penalties suffered by the needy--our very families--will increase. Intensified economic competition may drive altruism and families out of business.

A leading feminist economist, Nancy Folbre writes in a lively, personal style--Molly Ivins cheek-to-cheek with John Kenneth Galbraith--and develops a distinctive approach to the economics of care. Unlike others who praise family values, Folbre acknowledges the complicated relationship between women and altruism. Her book offers new interpretations of such policy issues as welfare reform, school finance, and progressive taxation, and it confronts the challenges of globalization, outlining strategies for developing an economic system that rewards both individual achievement and care for others.

In this volume, eminent economist Charles Kindleberger sets out to challenge the widespread belief that the market for seafarers, in the days before steam, was efficient, conforming more or less to a strong prior belief in the neo-classical economic model of supply and demand. 

Maritime history is traditionally strewn with references to crimping or shanghaiing, naval press-gangs, desertion, mutiny, marooning and shipwrecks due to drunkenness or negligence. In contrast, Kindleberger examines issues of recruitment and pay, the treatment of seamen, and the question of government intervention and its impact on efficiency, in the engaging narrative style that is his trademark. 

Offering an original and informative account of the markets for seafarers in the age of sail, Mariners and Markets will be welcomed by economic and maritime historians alike.

In February of 2008, amid the looming global financial crisis, President Nicolas Sarkozy of France asked Nobel Prize-winning economists Joseph Stiglitz and Amartya Sen, along with the distinguished French economist Jean Paul Fitoussi, to establish a commission of leading economists to study whether Gross Domestic Product (GDP)--the most widely used measure of economic activity--is a reliable indicator of economic and social progress. The Commission was given the further task of laying out an agenda for developing better measures.

Mismeasuring Our Lives is the result of this major intellectual effort, one with pressing relevance for anyone engaged in assessing how and whether our economy is serving the needs of our society. The authors offer a sweeping assessment of the limits of GDP as a measurement of the well-being of societies--considering, for example, how GDP overlooks economic inequality (with the result that most people can be worse off even though average income is increasing); and does not factor environmental impacts into economic decisions.

In place of GDP, Mismeasuring Our Lives introduces a bold new array of concepts, from sustainable measures of economic welfare, to measures of savings and wealth, to a "green GDP." At a time when policymakers worldwide are grappling with unprecedented global financial and environmental issues, here is an essential guide to measuring the things that matter.

Hoe creëer je een uitdagende en aantrekkelijke omgeving waarin de passie van bevlogen en eigenzinnige medewerkers een verbinding aangaat met de eisen van een succesvolle en solide bedrijfsvoering? Pieter de Jong reist in dit boek langs de belangrijkste thema s waar je als leidinggevende mee te maken krijgt. Vanaf de vraag welke eisen leidinggeven aan je stelt en wat verstandig is om aan bagage mee te nemen tot en met de do s en dont s van succesvol veranderingen in een organisatie doorvoeren. Hij toetst vanuit zijn jarenlange ervaring als CEO de zee aan managementadviezen op relevantie voor de praktijk van alledag en lardeert dat met verrassende citaten uit de wereldliteratuur. Ter zake kundig, praktisch en inspirerend voor wie zijn fascinatie deelt voor het avontuur dat leidinggeven heet.

In this revolutionary, acclaimed book, bestselling economist Tim Harford introduced us to a selection of fifty radical inventions that changed the world.

Now Harford once again brings us an array of remarkable, memorable, curious and often unexpected things, inventions, that teach us lessons by turns intimate and sweeping about the complex world economy we live in today. From the brick, blockchain and the bicycle to fire, the factory and fundraising, and from solar PV and the pencil to the postage stamp, this brilliant and enlightening collection resonates, fascinates and stimulates. It is a wonderful blend of insight and inspiration from one of Britain's finest non-fiction storytellers.

Until Josiah Wedgwood, Britons ate from wood and pewter plates. Until Henry Heinz, women toiled over pickled foods. Until Michael Dell, few people owned a personal computer, let alone dreamed of buying one "built to order." According to business historian Nancy F. Koehn, these pathbreaking entrepreneurs shared a powerful gift: the ability to discern how economic and social change would affect consumer needs and wants.

In Brand New, Koehn introduces us to six extraordinary leaders of brand creation who lived and worked during periods of widespread change: Josiah Wedgwood in the Industrial Revolution; Henry Heinz and Marshall Field in the Transportation and Communication Revolution; and Est?e Lauder, Howard Schultz of Starbucks, and Michael Dell in the Information Revolution. Through compelling and engaging profiles of these entrepreneurial visionaries, she reveals a provocative relationship between economic turbulence, household priorities, and company strategy that holds important lessons for today's brand builders.

According to Koehn, these forward-thinking individuals understood the profound effects that socioeconomic change has on what customers want, have, and can afford as much as on what companies make-and were masters at exploiting the enormous business opportunities these demand-side shifts created. Indeed, the brands and companies created by these individuals have become such a part of everyday life that we've made them part of common speech: we pass the Heinz; eat off Wedgwood; order a Starbucks.

Koehn draws from their diaries, correspondence, and official business records to demonstrate that these entrepreneurs were more than savvy marketers; they were institution builders. She shows how each used brand not as a logo, but as a vital strategic tool for creating best-of-class companies-and for building powerful organizational capabilities that supported their connections with customers and helped make new markets for their offerings.

Distilling critical lessons for businesses operating in both the traditional and on-line worlds, Brand New will convince every entrepreneur of the remarkable power of brands to transform start-ups, gain competitive advantage, and change lives.

America's economic future is uncertain. Mired in a long, crippling economic slump and hamstrung by bitter partisan debate over the growing debt and the role of government, the nation faces substantial challenges. Prominent Stanford University economist John B. Taylor brings his steady voice of reason to the discussion with a natural solution: start with the country's founding principles of economic and political freedom--limited government, rule of law, strong incentives, reliance on markets, a predictable policy framework--and reconstruct its economic foundation from these proven principles. Channeling his high-level experience as both a policymaker and a researcher, Taylor shows that when we embrace these first principles, the economy prospers. When we abandon them, the economy falters. In a masterful sweep through history, he identifies the key policymakers who stuck to, ignored, or compromised on these principles, drawing lessons from the mistakes and successes of each administration from JFK's to Obama's, as well as from the policies of Arthur Burns, Paul Volcker, Alan Greenspan, and Ben Bernanke, who ran the Federal Reserve during these periods. Neither Democrats nor Republicans wholly own these mistakes and successes. Taylor then zeroes in on current policy issues, applying the first principles. He lays out in simple terms bold strategies to defuse the debt explosion, to reform the Fed so it once again follows rules that work, to reform regulations and put an end to crony capitalism and scattershot bailouts, to transform existing entitlements and improve people's lives, and to rebuild America's global economic leadership.

Samuel Brittan has been one of the Financial Times' leading columnists for nearly thirty years. He has also advised numerous Chancellors of the Exchequer on economic policy. Against the Flow collects the most important of these writings from the last three decades. Brittan has established a reputation for elegance of expression, trenchant analysis and tremendous range of reference. All three qualities are powerfully apparent in this collection, as he ranges over the arms trade and US military (which he opposes); the expansion of free markets and a basic income for all (which he supports), as wall as the war on terror, The book also includes his pungent portraits of some heroes and villans, including Keynes, Milton Friedman & Taken together the pieces in Against the Flow amount to a robust defence of classic liberalism.

"Bedrijven die niet bijdragen aan een betere wereld hebben geen bestaansrecht. Ze moeten zich op het goede richten, de wereld beter maken, het geld komt dan vanzelf. Na de door hebzucht en overmoed gekenmerkte crisis van 2008 wordt deze boodschap van de nieuwe CEO van Unilever met gejuich ontvangen. Onverbiddelijk en onvermoeibaar legt Paul Polman uit: multinationals als Unilever spelen een hoofdrol in het uitbannen van armoede en het aanpakken van het klimaatprobleem. Dit is het grote gevecht om de ziel van het kapitalisme. Maar de moedige pionier loopt zo ver voor de troepen uit dat ?zijn? duurzame Unilever in 2017 dreigt te worden opgeslokt door concurrent Kraft-Heinz. Na deze ?bijna-doodervaring? gaat Polman op zoek naar een veilige haven voor zijn experiment. Door dagkoersen geregeerde Britse aandeelhouders en Nederlandse politici versperren de slecht luisterende ?CEO-priester? de weg. Zijn poging om er eindelijk echt één bedrijf van te maken met één hoofdkantoor in Nederland, mislukt op dramatische wijze. 0In 'Het drama Ahold' (2004) en 'De Prooi' (2008) reconstrueerde Jeroen Smit hoe falend leiderschap, opgejaagd door op snelle winst gerichte aandeelhouders, veel waarde vernietigde. De wereld snakt naar een bedrijfsleven dat zich over de grote vraagstukken van deze tijd ontfermt. In 'Het Grote Gevecht' laat Smit zien dat we daarvoor allemaal, als consumenten, werknemers en vooral ook als beleggers, een grote draai moeten maken.

Stanley Fischer served as First Deputy Managing Director of the International Monetary Fund from 1994 to 2001. IMF Essays from a Time of Crisis collects sixteen essays written for the most part during his time at the IMF, each updated with Fischer's later reflections on the issues raised. The IMF drew much criticism for some of its actions during Fischer's tenure, and he vigorously defends the "battlefield medicine" practiced by the IMF during a series of economic crises, which included the problems of economic transition in the former Soviet bloc and the Asian financial crisis. Fischer addresses the subsequent calls for reform of the international financial system and makes the case for the IMF as an international lender of last resort.

The first section of essays, "The Role of the IMF and the Reform of the International Financial System," considers the IMF's role in the international financial system in light of the crises of the 1990s. The second section, "Macroeconomic Policy, Stabilization, and Transition," examines such topics as exchange rate regimes, inflation, and Eastern Europe's relation to the European Union. The final section, "Poverty and Development," reflects Fischer's basic belief that economic policies should explicitly target poverty reduction. These engaging and accessible essays will appeal not only to economics students, economists, and policymakers but also to the general reader interested in the international monetary system.

Once upon a time, students who were willing and able to work hard could obtain an affordable, high-quality education at a public university. Those times are gone. Intensified admissions competition coupled with opposition to public spending has scorched every campus. Budget cuts, tuition hikes, and debt burdens are undermining the best path to upward mobility that this country ever built.

But despite all of this, Americans still embrace ideals of equal opportunity and know that higher education represents a public good. Students, faculty, staff, and advocates are beginning to build political coalitions and develop new strategies to improve access, enhance quality, and simplify financial aid. This book celebrates and will fortify their efforts.

In Saving State U, economist Nancy Folbre brings the national debates of education experts down to the level of trying to teach--and trying to learn--at major state universities whose budgets have repeatedly been slashed, restored, and then slashed again. Here is a brilliant firsthand account of the stakes involved, the politics, and the key debates raging through public campuses today. In a passionate, accessible voice, Folbre also offers a sobering vision of the many possible futures of public higher education and their links to the fate of our democracy while looking at the practical ways in which change is now possible.

Over bezuinigingen is veel geschreven, over het bedrijfsleven nog meer en over de bankensector misschien wel het meest. Maar boeken over de financin van heel Nederland zijn er nauwelijks. Uit evenwicht In Een rijk land moet rijk leven laat Martin ten Cate zien dat Nederland de langdurige economische crisis vooral aan zichzelf te wijten heeft. We houden met elkaar niet alleen de financile onevenwichtigheden in stand, maar vergroten die zelfs. Met onze enorme spaardrift en het daarmee samenhangende enorme, structurele overschot op de lopende rekening van de betalingsbalans brengen we onszelf eerder schade toe dan dat we onze problemen oplossen. Als particulier of als bedrijf kan je sparen, maar als samenleving is dat onmogelijk. De financin blijken in Nederland wezenlijk anders te zijn gestructureerd dan bij onze Europese partners. Financin Een rijk land moet rijk leven is bestemd voor genteresseerden in economie en het debat rondom onze nationale economie. Ten Cate belicht verschillende themas binnen de financin, zoals het Nederlandse pensioenstelsel en de huizenmarkt. Ook heeft het boek oog voor de financin op Europees niveau. Willen we meer of minder Europa? En hoe zit het met financile solidariteit binnen de Europese Unie? Ten Cate hoop met deze bijdrage een breed nationaal debat over het spaaroverschot in Nederland op gang te brengen. Het boek besluit met een aantal stevige conclusies en grensverleggende aanbevelingen. In de pers Ten Cate was op 4 maart te gast bij Henk Steenhuis in het programma Achter het boek op Amsterdam FM. Luister het gesprek hier terug.

From the brightest minds in the field—a revealing look at how countries use their currencies to achieve prosperity . . . and the coming repercussions

Bloomberg Television's Sara Eisen sheds light on the complex global financial system through this illuminating collection of essays. She hand selected the crème de la crème of authors from the world's most prestigious academic institutions and esteemed professional organizations to share--for the first time in print-- their observations and deductions on the topics that matter most to you and your future wealth, including:

THE RELATIONSHIP BETWEEN CURRENCIES AND FINANCIAL CRISES
THE FLAWS WITHIN THE INTERNATIONAL EXCHANGE RATE SYSTEM AND THEIR CONSEQUENCES
HOW EMERGING MARKETS FIT INTO THE CURRENT AND FUTURE EXCHANGE RATE FRAMEWORK
THE IMPACT EXCHANGE RATES HAVE ON FREE TRADE AND ECONOMIC GROWTH
WHAT DEFINES A "SAFE HAVEN" CURRENCY AND ITS ROLE
POTENTIAL SOLUTIONS TO THE CURRENT ECONOMIC PROBLEMS

"Today's fiat currency system is based upon trust among market participants, politicians, and central bankers--and that trust is assembled around the reserve currency that enjoys an exorbitant privilege. The reserve status is in doubt in a post financial crisis era but alternatives are lacking. . . . This book is a great guide on how the global currency system is morphing into a potential new standard, but not without the necessary volatility." -- Ben Emons, Senior Vice President, Portfolio Manager, PIMCO

In 2011, the International Monetary Fund invited prominent economists and economic policy makers to consider the brave new world of the post-crisis global economy. The result is a book that captures the state of macroeconomic thinking at a transformational moment. The crisis and the weak recovery that has followed raise fundamental questions concerning macroeconomics and economic policy. For instance, to what extent are financial markets efficient and self-correcting? How crucial is low and stable inflation for growth and the real stability of the economy? How strong is the case for open capital markets? Too often, the standard models provided insufficient guidance on how to respond to the unprecedented situations created by the crisis. As a result, policy makers have been forced to improvise. What to do when interest rates reach the zero floor? How best to provide liquidity to segmented financial institutions and markets? How much to use fiscal policy starting from high levels of debt? These top economists discuss future directions for monetary policy, fiscal policy, financial regulation, capital account management, growth strategies, and the international monetary system, and the economic models that should underpin thinking about critical policy choices. Among the new realities they consider are the swing of the pendulum toward regulation; the need for new theoretical approaches, incorporating advances in agency theory, behavioral economics, and understanding of credit markets and finance based on theories of imperfect information; and the importance for macroeconomic policy to target not just inflation but also output and financial stability. This title is copublished with The MIT Press. For more information, please visit www.mitpress.mit.edu.

In the past fifteen years, inflation has been conquered by many advanced countries. History reveals, however, that it has been conquered before and returned. In The Conquest of American Inflation, Thomas J. Sargent presents a groundbreaking analysis of the rise and fall of U.S. inflation after 1960. He examines two broad explanations for the behavior of inflation and unemployment in this period: the natural-rate hypothesis joined to the Lucas critique and a more traditional econometric policy evaluation modified to include adaptive expectations and learning. His purpose is not only to determine which is the better account, but also to codify for the benefit of the next generation the economic forces that cause inflation.

Sargent begins with an explanation of how American policymakers increased inflation in the early 1960s by following erroneous assumptions about the exploitability of the Phillips curve--the inverse relationship between inflation and unemployment. In subsequent chapters, he connects a sequence of ideas--self-confirming equilibria, least-squares and other adaptive or recursive learning algorithms, convergence of least-squares learners with self-confirming equilibria, and recurrent dynamics along escape routes from self-confirming equilibria. Sargent synthesizes results from macroeconomics, game theory, control theory, and other fields to extend both adaptive expectations and rational expectations theory, and he compellingly describes postwar inflation in terms of drifting coefficients. He interprets his results in favor of adaptive expectations as the relevant mechanism affecting inflation policy.

Providing an original methodological link between theoretical and policy economics, this book will engender much debate and become an indispensable text for academics, graduate students, and professional economists.

This bestselling and hilarious book blew the doors off Wall Street's boardrooms and introduced the world to the writing of Michael Lewis. In this shrewd and wickedly funny book, Michael Lewis describes an astonishing era and his own rake's progress through a powerful investment bank. From an unlikely beginning (art history at Princeton?) he rose in two short years from Salomon Brothers trainee to Geek (the lowest form of life on the trading floor) to Big Swinging Dick, the most dangerous beast in the jungle, a bond salesman who could turn over millions of dollars' worth of doubtful bonds with just one call. With the eye and ear of a born storyteller, Michael Lewis shows us how things really worked on Wall Street. In the Salomon training program a roomful of aspirants is stunned speechless by the vitriolic profanity of the Human Piranha; out on the trading floor, bond traders throw telephones at the heads of underlings and Salomon chairman Gutfreund challenges his chief trader to a hand of liar's poker for one million dollars; around the world in London, Tokyo, and New York, bright young men like Michael Lewis, connected by telephones and computer terminals, swap gross jokes and find retail buyers for the staggering debt of individual companies or whole countries. The bond traders, wearing greed and ambition and badges of honor, might well have swaggered straight from the pages of Bonfire of the Vanities. But for all their outrageous behavior, they were in fact presiding over enormous changes in the world economy. Lewis's job, simply described, was to transfer money, in the form of bonds, from those outside America who saved to those inside America who consumed. In doing so, he generated tens of millions of dollars for Salomon Brothers, and earned for himself a ringside seat on the greatest financial spectacle of the decade: the leveraging of America. - Publisher.

There were only a few women economists who made it to the surface and whose voices were heard in the history of economic thought of Adam Smith, David Ricardo, John Maynard Keynes, and Milton Friedman – right? Wrong!

In this book, distinguished economist Edith Kuiper shows us that the history of economic thought is just that, a his-story, by telling the herstory of economic thought from the perspective of women economic writers and economists. Although some of these women were well known in their time, they were excluded from most of academic economics, and, over the past centuries, their work has been neglected, forgotten, and thus become invisible. Edith Kuiper introduces the reader to an amazing crowd of female pioneers and reveals how their insights are invaluable to understanding areas of economics ranging from production, work, and the economics of the household, to income and wealth distribution, consumption, public policy, and much more.

This pathbreaking book presents a whole new perspective on the development of economic thought. It will be essential reading for all students and scholars of the history of economic thought and feminist economics.

Clear, insightful, and nondogmatic, this book gives us a new appreciation for one of our most ubiquitous institutions. From the wild swings of the stock market to the online auctions of eBay to the unexpected twists of the world's post-Communist economies, markets have suddenly become quite visible. We now have occasion to ask, "What makes these institutions work? How important are they? How can we improve them?" Taking us on a lively tour of a world we once took for granted, John McMillan offers examples ranging from a camel trading fair in India to the $20 million per day Aalsmeer flower market in the Netherlands to the global trade in AIDS drugs. Eschewing ideology, he shows us that markets are neither magical nor immoral. Rather, they are powerful if imperfect tools, the best we've found for improving our living standards. Peter Bernstein's Against the Gods enabled us to see risk in a whole new light. McMillan's book will do the same for markets.

No one has more authority to call the shots the way they really are than Paul Krugman, whose provocative New York Times columns are keenly followed by millions. One of the world's most respected economists, Krugman has been named America's most important columnist by the Washington Monthly and columnist of the year by Editor and Publisher magazine.

In this long-awaited work containing Krugman's most influential columns along with new commentary, he chronicles how the boom economy unraveled: how exuberance gave way to pessimism, how the age of corporate heroes gave way to corporate scandals, how fiscal responsibility collapsed. From his account of the secret history of the California energy crisis to his devastating dissections of dishonesty in the Bush administration, Krugman tells the uncomfortable truth about how the United States lost its way. And he gives us the road map we will need to follow if we are to get the country back on track.

The story of this storm in the global markets is the story of how government intervention to solve previous crises laid the foundation for a new one, writes Johan Norberg in his important new book. Tracing the causes of our current financial crisis with liveliness and clarity, Financial Fiasco shows the mistakes made in Washington, on Wall Street, and in communities across America that led to the economic meltdown. While many analysts have placed the blame solely on Wall Street, Norberg exposes the crucial role government regulation played in creating the opportunities and incentives that led to the financial collapse. In six concise chapters, Financial Fiasco tells the complex story of the crisis, showing how monetary policy, housing policy, and financial innovations combined to create financial catastrophe. The final two chapters describe the government's mismanagement of the crisis and how we are now dangerously repeating many of the very same mistakes that caused it. An understanding of the roots of the financial crisis is crucial for every American who has felt its effects - and would like to prevent the same disaster from happening again. Financial Fiasco provides that understanding, with great insight, clarity, and wit. Just as important, the book serves as a profound warning against pursuing the wrong solutions. After government authorities had helped create the worst financial crisis in generations, the climate of ideas has now shifted dramatically in the direction of bigger and more active government," Norberg writes. Financial Fiasco is the perfect antidote to those ideas, a cautionary tale on how to stop confusing the disease with the cure."--Jacket.

Geschiedenis van de Amerikaanse economie en de financiële markt in de Verenigde Staten vanaf de jaren tachtig tot en met de kredietcrisis van 2008.

Oorzaken en gevolgen van de kredietcrisis van 2008 en een beschrijving van de in de ogen van de auteur te nemen maatregelen.

Artikelen waarin de mazen in het nederlandse belastingstelsel worden aangetoond