Economic Democracy

A radically revised new edition of this highly readable, popular guide aimed at everyone from students to statesmen who want to make sense of the modern economy and grasp how economic theory works in practice. It starts with the basics, and from the underlying theory it moves to the specifics of the world economy, including an analysis of the recent recession. The closing part puts the usefulness and the failings of economics under the spotlight, and looks at the innovative approaches being developed to address these failings.

NEW YORK TIMES AND WALL STREET JOURNAL BESTSELLER From two winners of the 2024 Nobel Prize in Economic Sciences, “who have demonstrated the importance of societal institutions for a country’s prosperity” “A wildly ambitious work that hopscotches through history and around the world...

Capitalism, Socialism, and Democracy: Exploring the Evolution of Economic Systems and the Future of Democracy by Joseph A. Schumpeter is a seminal work that examines the dynamics of economic systems and their societal impact. Published in 1942, this influential book introduces the concept of "creative destruction," illustrating how innovation disrupts established industries to drive progress. Schumpeter explores the strengths and vulnerabilities of capitalism, arguing that its success ironically paves the way for its decline through institutional shifts and bureaucratic expansion.

India’s Five-Year Plans were one of the developing world’s most ambitious experiments. After nearly two centuries of colonial rule, planning the economy was meant to be independent India’s route from poverty to prosperity. Planning Democracy explores how India married liberal democracy to...

Capitalism as a system has spawned deepening economic crisis alongside its bought-and-paid-for political establishment. Neither serves the needs of our society. Whether it is secure, well-paid, and meaningful jobs or a sustainable relationship with the natural environment that we depend on, our society is not delivering the results people need and deserve.

The Arsenal of Democracy tells the incredible story of how Detroit answered the call, centering on Henry Ford and his tortured son Edsel, who, when asked if they could deliver 50,000 airplanes, made an outrageous claim: Ford Motor Company would erect a plant that could yield a “bomber an hour”. Critics scoffed: Ford didn’t make planes; they made simple, affordable cars. But bucking his father’s resistance, Edsel charged ahead.

This sweeping book is a systematic treatment of the historic transformation of the West from limited monarchy to unlimited democracy. Revisionist in nature, it reaches the conclusion that monarchy, with all its failings, is a lesser evil than mass democracy but outlines deficiencies in both as systems of guarding liberty.

What role do political consultants play in election campaigns? How are political parties using technological tools such as data analytics, surveys and alternative media to construct effective, micro-targeted campaigns? How does the use of money impact election results? What aids in the en masse...

From a former President of the United Nations Security Council, an authoritative look at the US, China, and the defining geopolitical contest of the twenty-first century “Mahbubani has written an excellent and important book on the biggest question in international affairs: how will the...

When economist Angus Deaton immigrated to the United States from Britain in the early 1980s, he was awed by America’s strengths and shocked by the extraordinary gaps he witnessed between people. Economics in America explains in clear terms how the field of economics addresses the most pressing issues of our times—from poverty, retirement, and the minimum wage to the ravages of the nation’s uniquely disastrous health care system—and narrates Deaton’s own account of his experiences as a naturalized US citizen and academic economist.

Greed. Lies. Corruption. These are the foundational elements of the American Mafia story. Here, the pursuit of power overshadows even the desire for a dollar, and self-interest outweighs the greater good. It’s a world that’s foreign to the average American—or is it? The values of our democracy and those of Mafia culture are separated by a thin line that’s quickly disintegrating.

From the authors of The Big Shift and Empty Planet, a timely and provocative exploration of the seismic forces reshaping Canada’s political, cultural, and economic landscape. Darrell Bricker and John Ibbitson’s explosive new polemic, arrives in the midst of the greatest political crisis...

For fans of Everything Is F*cked and Against Purity: Living Ethically in Compromised Times, a book about facing the multiple crises of modernity--and hospicing modernity--with maturity, humility, and integrity. This book is not easy: it contains no quick-fix plan for a better, brighter...

At this defining moment in our history, Americans are hungry for change. After years of failed policies and a failed politics from Washington, this is our chance to reclaim the American dream. Barack Obama has proven to be a new kind of leader—one who can bring people together, be honest about...

In The Next Democracy, social entrepreneur Erdem Ovacik delivers a startlingly insightful discussion of a new collective governance model based on markets and data that can improve our wellbeing as individuals, and as a society. The author explains how we can develop the next generation of government that is data-driven, iterative, transparent, and that allows us to decentrally and directly make laws online using prediction markets and delegative voting.

The greatest obstacle to sound economic policy is not entrenched special interests or rampant lobbying, but the popular misconceptions, irrational beliefs, and personal biases held by ordinary voters. This is economist Bryan Caplan's sobering assessment in this provocative and eye-opening book.

NOW A MAJOR MOTION PICTURE NATIONAL BESTSELLER NAMED ONE OF THE BEST BOOKS OF THE YEAR BY PEOPLE AND USA TODAY A NEW YORK TIMES NOTABLE BOOK Nobody blows smoke like Nick Naylor. He’s a spokesman for the Academy of Tobacco Studies–in other words, a flack for cigarette companies...

As the National Democratic Alliance (NDA) government completes its current term ahead of the General Elections 2019, it is time to evaluate its performance, specifically in terms of its management of the economy. This book is a critical assessment of five years of the brand of economics Prime...

Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking - and pretty much all conventional thinking about markets, both for and against - on its head. The book reveals bold new ways to organize markets for the good of everyone.

Before and after World War II, a serendipitous confluence of events created a healthy balance between the market and the polity - between the engine of capitalism and the egalitarian ideals of democracy. A global financial system was devised explicitly to allow nations to manage capitalism. Yet this golden era turned out to be lightning in a bottle. From the 1970s on, a power shift occurred, in which financial regulations were rolled back, taxes were cut, inequality worsened, and disheartened voters turned to far-right faux populism. Can democracy find a way to survive?