As neo-colonialism continues to run rampant, some nations continue to grow rich at the expense of others. For two centuries, David Ricardo’s theory of comparative costs has dominated investigation of this problem, and has still provided no answer to the inequality that arises as a result of free trade within a global capitalist system. Emmanuel’s path-breaking study, now itself a classic, upends the conventional assumptions, subjecting the phenomena of international trade to critical scrut...

This critical study of the development of systematic economic ideas explores them in both historical and contemporary contexts.Many of the issues that faced economists in the past are still with us. The theories and methods of such men as Adam Smith, T. R. Malthus, David Ricardo, J.S. Mill, Karl Marx, Alfred Marshall, and J. M. Keynes are often relevant to us today. As the Great Recession taught us in the first decade of the twenty-first century, the history of econ...

From the essential chronicler of the world economy, a portrait of the Great Powers in transition.The world’s two great economic powers are on opposite trajectories. In the United States, decades of neoliberal policies produced a small class of rich elites and gutted the middle class. In China, the same global forces have created a massive new upper class. The result is the greatest reshuffling of global incomes since the Industrial Revolution—a dramatic shakeup of ...

The world's leading Marxist geographer and economist guides general readers through major concepts in capitalism and Marx's masterworkFor decades, David Harvey has been teaching Marx's work, particularly Capital, to great acclaim. He has analysed chapter by chapter - sometimes line-by-line - Marx's three volumes and the Grundrisse. This new book opens up the mental universe of that work for a general reader.In The Story of Capital...

The global economic crisis and recession that began in 2008 had at least one unexpected outcome: a surge in sales of Karl Marx's Capital. Although mainstream economists and commentators once dismissed Marx's work as outmoded and flawed, some are begrudgingly acknowledging an analysis that sees capitalism as inherently unstable. And of course, there are those, like Michael Heinrich, who have seen the value of Marx all along, and are in a unique position to explain the intricacies of Marx's ...

A Financial Times Best Book of the Year.A sweeping and original history of how economists across two centuries have thought about inequality, told through portraits of six key figures.“How do you see income distribution in your time, and how and why do you expect it to change?” That is the question Branko Milanovic imagines posing to six of history's most influential economists: François Quesnay, Adam Smith, David Ricardo, Karl Mar...

The effects of economic decision making are far-reaching. Economics is more than just business—the course of government, society, and more has been determined, to a large degree, by economic players. This comprehensive volume takes a three-pronged approach to introduce readers to the essentials of economics: after providing an overview of basic economic concepts, it chronicles the development of economics as a discipline and then launches into an examination of the various economic systems...

Milton Friedman is one of the most famous economists in history. His writings and theories on everything from capitalism and freedom to deregulation and welfare have inspired movements, influenced government policies, and changed the course of America’s economic history.Now, acclaimed Friedman biographer Dr. Lanny Ebenstein brings together twenty of Friedman’s greatest essays in his new book, The Indispensable Milton Friedman: Essays on Politic...

Globalization and Capitalist Geopolitics is concerned with the nature of corporate power against the backdrop of the decline of the West and the struggle by non-western states to challenge and overcome domination of the rest of the world by the West. This book argues that although the US continues to preside over a quasi-imperial system of power based on global military preponderance and financial statecraft, and remains reluctant to recognize the realities global economic converg...

In this concise yet comprehensive history, Heinz D. Kurz traces the long arc of economic thought from its emergence in ancient Greece to its systematic presentation among the classical thinkers of the late eighteenth and early nineteenth centuries to the influential work of scholars such as Paul Samuelson and Kenneth J. Arrow. With a keen eye for how economic insights are acquired, lost, and reborn, Kurz focuses on the dynamic individuals who give old ideas new life and the historical even...

David Harvey tackles Marx's notebooks that have spawned wide-ranging and raging controversiesWhen leading scholar of Marx, Roman Rosdolsky, first encountered the virtually unknown text of Marx’s Grundrisse - his preparatory work for his masterpiece Das Capital - in the 1950s in New York Public Library, he recognized it as “a work of fundamental importance,” but declared “its unusual form” and “obscure manner of expression, made it far from suitable for rea...

There are two distinct levels at which Lenin theorised about imperial-ism. At one level he outlined certain tendencies in the phase of monopoly capital which generated situations of actual or potential armed conflict and made for global instability of the international capitalist state system. At another level he explored with this theoretical apparatus, the specific, conjuncture which prevailed on the eve of the First World War as a means of explaining it. It is necessary to distinguish betw...