Book Description

An article in Fortune a few years ago identified Robert Lucas as "the intellectual leader of the rational-expectations school." An academic colleague has called Lucas "the dominant figure in American macroeconomics." And another refers to this group of 14 essays, nearly all of which were first published during the 1970s, as the most influential contribution to macroeconomics in that decade.

This volume includes: Real Wages, Employment, and Inflation (with Leonard A. Rapping); Unemployment in the Great Depression: Is there a Full Explanation? (with Leonard Rapping); Expectations and the Neutrality of Money; Econometric Testing of the Natural Rate Hypothesis; Econometric Policy Evaluation: A Critique; Some International Evidence on Output-Inflation Tradeoffs; Capacity, Overtime, and Empirical Production Function; Equilibrium Search and Unemployment (with Edward C. Prescott); An Equilibrium Model of the Business Cycle; Understanding Business Cycles; Unemployment Policy, Rules, Discretion, and the Role of the Economic Advisor a review of Towards Full Employment and Price Stability, A Report to the OECD by a Group of Independent Experts, by Paul McCracken et al.; and Methods and Problems in Business-Cycle Theory. ... Read more

Reviews (2)

Truly exceptional
The book includes articles that at this moment have become classical in economic theory. Being written by the leader of new classical economics this book helps one to enter the world of rational expectations macroeconomics.

still worth the time
New classical economics has been heavily criticized
from a variety of perspectives.
Still this book convinced me of the usefulness of this kind of exercises, e.g. with respect to questions like how strong an assumption is needed exactly to derive a particular result... ... Read more

Book Description

Perspectives on Intellectual Capital bridges the disciplinary gaps and facilitates knowledge transfer across disciplines, featuring views on intellectual capital from the fields of accounting, strategy, marketing, human resource management, operations management, information systems, and economics. It also offers interdisciplinary views on intellectual capital from the perspectives of public policy, knowledge management and epistemology. By analyzing the various perspectives, Editor Bernard Marr is able to present a truly comprehensive understanding of what intellectual capital is, including the "state of the art" thinking about it in each discipline, the common key trends, and the trajectories for future developments, learning, and practice.

Contributors include many of the leading thinkers in their respective disciplines: Mie Augier and David Teece on the Economic Perspective, Bernard Marr and Goran Roos on the Strategy Perspective, Baruch Lev, Leandro Canibano, and Bernard Marr on the Accounting Perspective; Sudi Sudarsanam, Ghulam Sorwar, and Bernard Marr on the Finance Perspective; Jan Mourtisen, Per Nikolaj Bukh, and Bernard Marr on the Reporting Perspective; Lisa Fernstrom on the Marketing Perspective; Ulf Johanson on the HR Perspective; L. Martin Clotier and E. Richard Gold on the Legal Perspective; Partick H. Sullivan on the Intellectual Property Perspective; Giovanni Schiuma, Antonio Lerro, and Daniela Carlucci on the Interfirm Perspective; Ahmed Bounfour and Leif Edvinsson on the Public Policy Perspective; J-C Spender and Bernard Marr on a Knowledge-Based Perspective; Goran Roos on An Epistemology Perpsective. Foreword by Robert Grant.

Bernard Marr is a Research Fellow in the Centre for Business Performance at Cranfield School of Management, UK, and Visiting Professor, University of Basilicata, Italy.

* The only interdisciplinary approach to Intellectual Capital
* Contributors are leading scholars in their fields
* Concluding chapter pulls together all the perspectives into a coherent concept of Intellectual Capital ... Read more

Book Description

This easy to read, accessible, macro-first principles book engages the reader with familiar real-world examples and applications that bring economics to life. This book covers microeconomic foundations, output markets, input markets, market failure and government action, and the global economy. For finance professional making personal decisions and evaluating policy decisions. ... Read more

Book Description

What does a pack of cigarettes cost a smoker, the smoker's family, and society? This longitudinal study on the private and social costs of smoking calculates that the cost of smoking to a 24-year-old woman smoker is $86,000 over a lifetime; for a 24-year-old male smoker the cost is $183,000. The total social cost of smoking over a lifetime -- including both private costs to the smoker and costs imposed on others (including second-hand smoke and costs of Medicare, Medicaid, and Social Security) -- comes to $106,000 for a woman and $220,00 for a man. The cost per pack over a lifetime of smoking: almost $40.00. The first study to quantify the cost of smoking in this way, or in such depth, this accessible book not only adds a weapon to the arsenal of antismoking messages but also provides a framework for assessment that can be applied to other health behaviors. The findings on the effects of smoking on Medicare and Medicaid will be surprising and perhaps controversial, for the authors estimate the costs to be much lower than the damage awards being paid to 46 states as a result of the 1998 Master Settlement Agreement. ... Read more

Book Description

In this provocative book, Paul Glimcher argues that economic theory may provide an alternative to the classical Cartesian model of the brain and behavior. Glimcher argues that Cartesian dualism operates from the false premise that the reflex is able to describe behavior in the real world that animals inhabit. A mathematically rich cognitive theory, he claims, could solve the most difficult problems that any environment could present, eliminating the need for dualism by eliminating the need for a reflex theory. Such a mathematically rigorous description of the neural processes that connect sensation and action, he explains, will have its roots in microeconomic theory. Economic theory allows physiologists to define both the optimal course of action that an animal might select and a mathematical route by which that optimal solution can be derived. Glimcher outlines what an economics-based cognitive model might look like and how one would begin to test it empirically. Along the way, he presents a fascinating history of neuroscience. He also discusses related questions about determinism, free will, and the stochastic nature of complex behavior. ... Read more

Reviews (3)

Good first effort towards integrating neuro and econ
One of this book's greatest gifts is to clearly explain how our thinking about our thinking (neuroscience) has evolved over the past 2000 years. This book makes a significant contribution to the readers' historical understanding of psychology, philosophy, mathematics, and game theory.

One weakness of the book's approach is the lack of references to affect (emotion), which is suggested to have an impact on human utility and probability estimations in (Loewenstein, Loewenstein, Weber, & Welch, 2000), (Slovic, Finucane, Peters, and MacGregor, 2002), and (Knutson and Peterson, 2003). In fact, Glimcher states: "Neuroeconomics provides a model of the architecture that links brain and behavior. Mind, though it may very much exist, simply does not figure in that equation (p343)."

The author's conclusions are limited to a logical, computational frame of reference - a form of computational behaviorism. This style certainly has applications within limited experimental games, but it is doubtful that it will provide significant insight into the workings of complex dynamic systems, such as the financial markets, without incorporating symbolic psychological concepts (such as affect).

This book is an excellent introduction to the field of neuroeconomics. Glimcher's exposition of the evolution of neuroscientific thought is fascinating and worth savoring. Glimcher's discussion of game theory is fascinating, but applications to real-world environments are not directly posited.

The latter half of the book, while intellectually interesting, reads much like an expanded academic journal article. Glimcher explains his lab's experimental trials and tribulations in much of the second half...

Neuro and economics, not neuroeconomics
Deisions, Uncertainty, and the Brain feels undigested, as if the author crammed in the library for a month and wrote a book on his notes.

Part I covers the neuro-, Part II covers the -economics, but instead of Part III, covering neuroeconomics, there's a 17-page-short chapter called "Putting It All Together."

For most of the book, things don't merge. For example, chapter 5 describes important experiments by Newsome and Shadlen that are not really neuroeconomics. Four seemingly tacked-on paragraphs at the end of the chapter argue that neuroeconomics has something to say about the experiments. But it's not clear what that is, and it's not clear why Glimcher didn't choose a more obviously relevant example.

A more general problem is that Glimcher argues throughout that current approaches to neuroscience are all reflex-based, and we need a major paradigm shift to make any more progress in brain research. But the examples he gives that employ his new paradigm seem to be well within the realm of normal cognitive neurophysiology. For example, the Ciaramitaro et al. attention experiments described in chapter 13 are elegant, but don't come across as paradigm shifting, in either the chapter, or the original Vision Research paper. Neuroeconomics comes to seem like just another tool in the toolbox, instead of a big new theory.

It may be that there is no Part III because the science has not yet happened. In which case, not writing more about it was a good thing to do. Parsimony is a virtue, but if there is not enough of a story to tell, I would have liked to see the author present his ideas about the major problems for the field, a Hilbert's 23 for neuroscience in the 21st century. Instead chapter 13 gives us four toy problems in primate physiology.

The best parts of the book are the history. Some of the stories are familiar, but most are not, and all are told engagingly. Although they don't really come together into a cohesive whole, they are interesting on their own, and a reader with a detailed knowledge of the field can connect most of the dots.

Thinking Outside the Black Box
70 years ago, behavioral economists were trapped outside the black box for the same reasons everyone was: science couldn't see inside the brain directly. Like behavioral psychologists, they decided to make a virtue out of a neccessity and ignore the black box.

Now behavioral economists can look inside the black box, but most choose to ignore it, perhaps because the learning curves on physiology and imaging are so steep.

Glimcher argues in this wonderful book that neuroscientists are unwittingly trapped inside the same black box, and need a way out. Maybe they can befriend those behavioral economists. Consider this book an arranged date that will hopefully turn into a long marriage.

It is rare for a book aimed at the public to be written by a young and active scientist. The obvious comparison is Spikes, by Reike, et al. But whereas Spikes was too mathematical for the general reader, Decisions, Uncertainty, and the Brain never gets
boring. It describes fascinating experiments, both 100 years old and being done right now. Experiments that you've never heard of, but you should. Best of all, it describes them passionately and non-scarily.

More importantly, Decisions points throughout to directions for future research, rather than only describing past experiments.

Don't be fooled by the book's elegance. It is meticulously crafted to be enjoyable to the lay reader but also highly rewarding someone more familiar with the research described. In short, a masterpiece. ... Read more

Book Description

New Perspectives in Econometric Theory comprises specially selected papers by Halbert White which reflect his research in a variety of related areas in econometrics: heteroskedasticity of unknown form; nonlinear and nonparametric regression; instrumental variables and generalized method of moments estimation; and measurability and limit theory. In many instances, results from one paper provide the foundation for, or suggest new directions for, research taken up by others in the collection. The intent of collecting these papers together in the present volume, with new commentaries by the author, is to provide access both to a modern unified perspective for econometric theory and to a set of concepts and tools that will be useful to practitioners in the field.

As a companion to the first volume entitled Advances in Econometric Theory, this latest selection of Halbert White’s work will appeal to academics and researchers in econometrics and economic theory. ... Read more

Book Description

Risk and Business Cycles examines the causes of business cycles, a perennial topic of interest within economics. The author argues the case for the revival of an important role for monetary causes in business cycle theory, which challenges the current trend towards favouring purely real theories. The work also presents a critique of the traditional Austrian theory of the trade cycle. This controversial approach will ensure that the book is of interest to all those involved with business cycles, as well as Austrian economics. ... Read more

Book Description

An important new research program has developed in economics that extends neoclassical economic theory in order to examine the effects of institutions on economic behavior.The body of work emerging from this new line of inquiry includes contributions from the various branches of economic theory, such as the economics of property rights, the theory of the firm, cliometrics and law and economics. This book is the first comprehensive survey of this research program, which the author terms "neoinstitutional economics."The author proposes a unified approach to this research, integrating the work of various contributors and emphasizing the common principles of inquiry that tie the work together.The theoretical discussion is accomplished by empirical studies dealing with a whole range of institutions and economic systems. ... Read more

Book Description

Learn how to own or “micro-brand” a tiny corner in the mind of someone you want to impress

In an over-marketed, highly competitive age getting noticed isn't easy. We are drowning in a sea of message yet gasping for attention. Yet most of us compete on a personal or local level. So why not use the big brand techniques to really stand out? MicroBranding is the simple process of owning a tiny corner in the mind of someone you want to impress. It could be your spouse, your boss, or your customer. The truth is that if they know your name at all, you already have a brand. A MicroBrand is a highly focused, personal or local brand built with clever public relations, innovative, targeted marketing and strategic networking. MicroBrands are efficient, local, and often rely on individual personality. Great marketers have to master the emotional side of the marketing business. They cannot be all logic and no feelings. If your marketing strategy doesn't feel right inside of you, if you can't express it in a passionate, emotional way, it probably won't work on the outside either. MicroBranding explores this concept in detail and shows us how to actively develop and manage our brands. MicroBranding will teach you how to create, build, manage, and protect a powerful personal or local brand. ... Read more

Reviews (4)

A superbly presented & highly recommended business reference
A "microbrand" is a product brand that is related to, or which sits atop the foundation of, a larger national or global product brand name. Micro Branding: Build A Powerful Personal Band & Beat Your Competition by microbrand expert T. Scott Gross is a straightforward, step-by-step, "how to" guide to building a profitable local or personal microbrand brand. How to manage and uphold the good reputation of the newly established microbrand, the option of adopting a theme, training employees, gems of advice and much more make Micro Branding a superbly presented and highly recommended business reference. Scott Gross' basic message for the entrepreneur and corporate manager is "Don't *try* to be the best brand in the world. Be the best brand for the world, and the market will reward you richly." Reading Micro Branding will show you how to go about doing just that!

Make Your Mark
This is a great book, easy to read and packed with ideas to help individuals make their mark. Until reading MicroBranding, I had never thought of myself and how others see me as a brand. Yet I am amazed at how T. Scott Gross' information pertains to all areas of my life. In both my career and personal relationships, I have unique qualities and I need to be able to articulate them to others if I am to be successful. T. Scott Gross also recommends that we develop personal mission statements to keep ourselves focused on our goals in life. He gives lots of examples and stories and is quite entertaining. Lots of great networking tips and ideas too!

Microbranding will become the new buzz word of 2002!
As with Mr. Gross' previous book Positively Outrageous Service, I found Microbranding to be extremely well-written. It is not only grounded in apllicable, impactful content, but also written in a manner that is entertaining and fun!

In my business (and my personal life), I have found that we often complicate issues until they either become too big to tackle or lost in the confusion. In MicroBranding, Mr. Gross clearly explains that this need not be the case when building a personal or local brand. Using real-world examples, he illustrates that building a powerful microbrand is both attainable and necessary. Understanding that you simply do not need a global brand to compete in your niche is one of the powerful pieces of information I gained from reading this book.

Amazing how simple some things are.
As you read MicroBranding, you start to think, "I knew that, but I have not been doing it...why?" It's the type of book you immediatly want all your employees and co-workers to read. Scott Gross has a great sense of humor, and he uses it to drive home points that are criticle for success in any career. The idea may not be revolutionary, but it sure is relivant! ... Read more

Book Description

An Introduction to Efficiency and Productivity Analysis is designed as a primer for anyone seeking an authoritative introduction to efficiency and productivity analysis. It is a systematic treatment of four relatively new methodologies in Efficiency/Production Analysis: (a) Least-Squares Econometric Production Models, (b) Total Factor Productivity (TFP) Indices, (c) Data Envelopment Analysis (DEA), and (d) Stochastic Frontiers. Each method is discussed thoroughly. First, the basic elements of each method are discussed using models to illustrate the method's fundamentals, and, second, the discussion is expanded to treat the extensions and varieties of each method's uses. Finally, one or more case studies are provided as a full illustration of how each methodology can be used. In addition, all four methodologies will be linked in the book's presentation by examining the advantages and disadvantages of each method and the problems to which each method can be most suitably applied. The book offers the first unified text presentation of methods that will be of use to students, researchers and practitioners who work in the growing area of Efficiency/Productivity Analysis.The book also provides detailed advice on computer programs which can be used to calculate the various measures. This involves a number of presentations of computer instructions and output listings for the SHAZAM, TFPIP, DEAP and FRONTIER computer programs. ... Read more

Book Description

In both the industrialized and developing worlds, a distinctive feature of the last two decades has been prolonged buildups and sharp collapses in asset markets such as stock, housing, and exchange markets. The volatility has sparked intense debate in academic and policy circles over the appropriate monetary and regulatory response to dramatic market shifts.

This book examines asset price bubbles to further our understanding of the causes and implications of financial instability, focusing on the potential of central banks and regulatory agencies to prevent it. The book grew out of a conference jointly sponsored by the Federal Reserve Bank of Chicago and the World Bank Group in April 2002. ... Read more

Amazon.com

If getting and spending define our lives, then Juliet Schor now has us covered. Six years ago, her book The Overworked American scrutinized the getting part. It focused public attention on the disappearance of leisure and the harmful effects thereof on families and society. It sparked a debate over whether Americans really work as much as we proudly claim. (If so, how to explain the audience for Monday Night Football?) Nevertheless, Schor can take credit for helping push Congress into passing the Family Leave Act in 1993.

Now she is back with a critique of our spending. Schor notes that, despite rising wealth and incomes, Americans do not feel any better off. In fact, we tell pollsters we do not have enough money to buy everything we need. And we are almost as likely to say so if we make $85,000 a year as we are if we make $35,000. Schor believes that "keeping up with the Joneses" is no longer enough for today's media-savvy office workers. We set our sights on the lifestyles of those higher up the organizational chart. We seek to emulate characters on TV. For teenagers, "enough" is the idle splendor that hardly exists outside of what MTV un-ironically calls The Real World. Schor offers an original and provocative analysis of why many Americans feel driven and unhappy despite our success. As an alternative, she profiles several "downshifters" who've taken up voluntary simplicity in search of a more satisfying way of life. No policy solutions suggest themselves this time, only a change of heart. --Barry Mitzman ... Read more

Reviews (49)

From the Overspent American -NOT
As a newcomer to this country, I find books like these fascinating, as they give me glimpses into the thought process of my fellow citizens (not all, of course). I enjoyed the book for answering the questions of "why", but found many ideas on coping with consumerism quite hard to swallow. (Sharing the lawnmower with my neighbors? I don't even know their names! (Nor do I want to know them! For that matter, I don't wish to mow my own lawn at all! )And no, the TV show "Friends" have not replaced real people in my life yet. Downshifting and spirituality are great, but seeing the Great Wall of China, the Pyramids, and the Red Square are also quite an experience. As long as one does not deplete their life's savings to do it, why deliberately deprive yourself? ) If you are looking for the book on "how to", this is not the one. Instead, a good starting point is "A Millionaire Next Door" coupled with "One up on Wall Street". If you wish a peek at our "class-less" society and their spending/living patterns, read Paul Fussell's "Class". If you are looking for a book on why you may be making a six-digits salary and living in debt, read "The Overspent American". (...)

Engaging and Informative
Juliet Schor provides Americans, in this engaging book, the knowledge of what their overspending can and probably is costing themselves, their families and their community. The data and research allow readers to look at themselves and what they consume to determine who they are and how they can make their lives happier. Schor's pioneering ideas that consumption can make people less happy need to be looked at by many families in America, so that they may be more conscious of advertising and television. Debt in America is becoming a problem, and this book promotes a higher rate of savings by families and spending less for their well-being and happiness.

Wake up and smell the exhaust
This book was pretty good, although I enjoyed Affluenza a little more. Many Americans come off online as spoiled babies who can never get enough, as is seen by reviews for this book. They get their opinions from Talk Radio and television, because they are incapable of thinking for themselves. They deny and placate away any guilt because they would rather be a soul-less consumer than a responsible human being. It is not liberal to care for the environment; it is smart. If you're smart, you surely would know better than to excrete in your own cave. Perhaps not.
Yes, consumerism all comes down to personal responsibility. With great freedom comes great responsibility. In this country of "entitlement", few seem to want to bear the brunt of that responsibility.

Makes You Think About Your Way of Life
Mrs. Schor brings up so many great points that hit so close to home, several times during my reading, I had to put the book down, and simply think for a moment about the sociological points on consumerism she brought up. Something she said, either applied to me, someone in my family, or a friend, or my neighborhood.

This book really caused me to think about reevaluating my priorities. It made me think about whether buying my "things" really gives me satisfaction, or temporarily satisfies a void in my life.

However, this is one of many books that deals with extreme consumption, and simple living as a way to combat it. As with all these books, whenever the issue of "simple living" is discussed, there will be mentions of caring for the environment, and living with less. Any mention of caring for the environment suggests liberalism, which may annoy some readers. If you bother to read this book, be prepared for that angle, though the entire book is NOT liberal.

If you want to handle a book that was good, even though it is HIGHLY LIBERAL, read "Your Money or Your Life", by Dominguez and Robin. This book is familiar to whomever is reading this review. I'm sure of it.

A perspective on Consumerism
The statistical data presented in this book may now be outdated but it still is very insightful as it is. While there is personal accountability, many people may neither be quite aware nor they have realized the reasons why they are in debt very consciously. Some people lack financial goals or money management skills (even if they are considered high salary earners) fueled by lack of values and especially the seductions and 'pressures' to acquire more - that is to keep up, to give or please, to show, to belong, to be seen as.

This may not be the first book written about frugality, I believe that this is a good read. It could make a person more aware of what consumerism is for. I suspect the reason why some readers weren't so pleased with this book was because it is more of 'whats and whys' written in an academic context ( a thesis) with so many lists of bibliography, notes and works cited that maybe others found irrelevant. But we need to understand the whys and whats in order to do the now what and how to...practically.

In terms of downshifting that is earning less and working less or leaving a 9-to-5 job, it may not be possible for others to do. The truth is its not for everyone. A reviewer said that downshifters look suspicious to him or her, well, I could understand the point too since there are many dishonest people everywhere and there will always be. Nonetheless, there are people who have done it with honesty and dignity.

I am merely a student of frugality and I have readt few books about the subject. For people who are interested about the idea of downshifting, I would like to recommend the book below:
"How to Survive Without a Salary: Learning how to live The Conserver Lifestyle" by Charles Long. Reviewers of this book seemed to be very pleased with the way it was written, including myself. ... Read more

Book Description

The economy of any nation is an intricate web of relationships among the factors determining supply and demand--and everything that affects them, from inflation to taxes to the stock market. The study of business cycles attempts to explain why economies grow and contract, experiencing periods of prosperity and pain. Consistent with the popular conception of economics as the "dismal science," economists secretly long for recessions (periods of negative growth) and depressions (severe contractions), not because they enjoy their devastating impact on human welfare, but because these downturns serve as excellent laboratories for observing what happens when markets break down. Despite over two centuries of debate, no one has yet definitively unlocked the secrets of economic downturns and how they might be prevented. In Recessions and Depressions, Todd Knoop takes us on a fascinating journey through the history of economic thought, tracing the evolution of business cycle theory. In the process, he presents an accessible introduction to what makes the economy tick, and offers new insights into understanding such historic economic events as the Great Depression, as well as more recent ones, such as the Asian meltdown in the 1990s, the financial crises in Latin America, and the U.S. recession of 2001, from which the United States is still recovering. Knoop reminds us that economists' track record in forecasting business cycles leaves much to be desired, and the quest to fully understand what causes economic downturns--and their effects on individuals and families--continues. ... Read more

Reviews (1)

good overview
does a good job of explaining in simple terms the effects different financial and economic organizations and markets have on one another. if you've ever been laid off or lost money in the stock market (as i have), this book can help you place your personal loss in the broader context and perhaps anticipate things so that you're better prepared in the future. ... Read more

Book Description

One of the most important functions of government--risk management--is one of the least well understood. Moving beyond the most familiar public functions--spending, taxation, and regulation--When All Else Fails spotlights the government's pivotal role as a risk manager. It reveals, as never before, the nature and extent of this governmental function, which touches almost every aspect of economic life.

In policies as diverse as limited liability, deposit insurance, Social Security, and federal disaster relief, American lawmakers have managed a wide array of private-sector risks, transforming both the government and countless private actors into insurers of last resort. Drawing on history and economic theory, David Moss investigates these risk-management policies, focusing in particular on the original logic of their enactment. The nation's lawmakers, he finds, have long believed that pervasive imperfections in private markets for risk necessitate a substantial government role. It remains puzzling, though, why such a large number of the resulting policies have proven so popular in a country famous for its anti-statism. Moss suggests that the answer may lie in the nature of the policies themselves, since publicly mandated risk shifting often requires little in the way of invasive bureaucracy. Well suited to a society suspicious of government activism, public risk management has emerged as a critical form of government intervention in the United States. ... Read more

Reviews (1)

One of the best books on economic policy out there
I bought this book on the strength of a review in The Economist and was not disappointed. With policies as varied as limited liability, central banking, deposit insurance, and Social Security, American legislators transformed government into an insurer of last resort. Sometimes they shift risk from prospective victims to those better able to afford the loss (product liability); at other times they spread catastrophic risks over the whole tax base (flood insurance). The book charts the expansion of government in the United States from the late 19th century to its zenith in the late 1970s. The author answers the objections of the Chicago and Austrian schools - Becker, Hayek, Mises, and the others - in convincing fashion thanks to its moderate tone and extensive research. The prose is clear, surprising for a book dealing with such complex subject matter. The chapter on the emergence of limited liability corporations is particularly strong. Unfortunately, the chapter on product liability could have used a bit more skepticism. Few readers will share the author's view that tort lawyers are an unalloyed blessing. The author sidesteps many of the problems we now face with exploding damage awards and wide discrepancies in the awards handed down in various jurisdictions. Nor does he grapple with the consequences these problems impose for medical research and the US insurance industry. ... Read more

Book Description

Book Description

Designed to be compatible with standard college textbooks, Barron's EZ-101 Study Keys give students an overview of college-level introductory courses in many subjects. Classroom-style notes emphasize key facts, remind students what they need to remember for exams and papers, and guide them through the complexities of lectures and textbooks. This updated edition covers approximately 100 key topics in brief, easy-to-master note form. They include economic models, supply and demand, variations in consumer behavior, competition in the marketplace, monopoly, oligopoly, and much more. ... Read more

Book Description

For the Third Edition, 2001 Nobel laureate Joseph Stiglitz joins forces with new co-author Carl Walsh, who brings both economic expertise and teaching savvy to the project. Together, Stiglitz and Walsh thoroughly integrate contemporary economics into the traditional curriculum. Informed by the broad range of research that earned Professor Stiglitz the Nobel Prize in Economic Sciences, the first edition of this text pioneered important topics relating to the economics of imperfect markets, which are today's standard in all principles texts. Only this text, however, gives those topics serious attention, with complete chapters on imperfect information in product markets, imperfections in labor markets, technological change, and environmental externalities, as well as a complete chapter on strategic behavior. ... Read more

Reviews (1)

Concise and Integrative
A very nice book , given by a famous Economist, is suitable for some aggresive students who are fearless to meet challenging. This book caould help you a lot. The examples focus on 97 Asia FC are crucial to form economic ideas. ... Read more