Principles of Economics is a university-level textbook in economics that offers a clear and concise exploration of the most important economic concepts.This book is unapologetically Austrian in its approach. It tackles major economic concepts and topics independently, but in a logical sequence aimed at delivering the listener an understanding of economics at an individual and societal level, and the widespread implications of economics as a topic. The first part of the book introduces the foundational concepts in economics and the Austrian method, the second part of the book introduces the actions that individual humans perform to economize.After two decades of studying and learning economics at university level, this book represents the knowledge of economics I would have liked to have when I was 17. Read more

“Blending intellectual memoir, history, and economic and technological history, Varoufakis creates an intimate atmosphere that is a genuine pleasure to read ... It’s hard to read this book and deny its power ... illuminating.” - The Washington PostIn a revelatory and pathbreaking work, the #1 international bestselling economist opens our eyes to the new power that is reshaping our lives and the world . . .“The Thucydides of our time.” —Jeffrey SachsBig tech has replaced capitalism's twin pillars—markets and profit—with its platforms and rents. With every click and scroll, we labor like serfs to increase its power. Welcome to technofeudalism . . .Perhaps we were too distracted by the pandemic, or the endless financial crises, or the rise of TikTok. But under cover of them all, a new and more exploitative system has been taking hold. Insane sums of money that were supposed to re-float our economies after the crash of 2008 went to big tech instead. With it they funded the construction of their private cloud fiefdoms and privatized the internet. Technofeudalism says Yanis Varoufakis, is the new power that is reshaping our lives and the world, and is the greatest current threat to the liberal individual, to our efforts to avert climate catastrophe—and to democracy itself. It also lies behind the new geopolitical tensions, especially the New Cold War between the United States and China.Drawing on stories from Greek myth and pop culture, from Homer to Mad Men, Varoufakis explains this revolutionary transformation: how it enslaves our minds, how it rewrites the rules of global power, and, ultimately, what it will take overthrow it. Read more

Ray Dalio, the legendary investor and #1 New York Times bestselling author of Principles—whose books have sold more than five million copies worldwide—shares his unique template for how debt crises work and principles for dealing with them well. This template allowed his firm, Bridgewater Associates, to antic­ipate 2008’s events and navigate them well while others struggled badly.As he explained in his #1 New York Times best­seller Principles, Ray Dalio believes that most everything happens over and over again through time so that by studying patterns one can understand the cause-effect relationships behind events and develop principles for dealing with them well. In this three-part research series, he does just that for big debt crises and shares his template in the hopes of reducing the chances of big debt crises hap­pening and helping them be better managed in the future. The template comes in three parts: 1. The Archetypal Big Debt Cycle (which explains the template) 2. Three Detailed Cases (which examines in depth the 2008 financial crisis, the 1930s Great Depression, and the 1920s infla­tionary depression of Germany’s Weimar Republic) 3. Compendium of 48 Cases (which is a compendium of charts and brief descriptions of the worst debt crises of the last 100 years) Whether you’re an investor, a policy maker, or are simply interested in debt, this unconventional perspective from one of the few people who navigated the crisis successfully, Principles for Navigating Big Debt Crises will help you understand the economy and markets in revealing new ways. Read more

The acclaimed New York Times bestselling history of financial crisesThroughout history, rich and poor countries alike have been lending, borrowing, crashing, and recovering their way through an extraordinary range of financial crises. Each time, the experts have chimed, “this time is different”—claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. With this breakthrough study, leading economists Carmen Reinhart and Kenneth Rogoff definitively prove them wrong.Covering sixty-six countries across five continents and eight centuries, This Time Is Different presents a comprehensive look at the varieties of financial crises—including government defaults, banking panics, and inflationary spikes—from medieval currency debasements to the subprime mortgage catastrophe. Reinhart and Rogoff provocatively argue that financial combustions are universal rites of passage for emerging and established market nations.A remarkable history of financial folly, This Time Is Different will influence financial and economic thinking and policy for decades to come. Read more

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With the economy currently in turmoil, understanding how businesses and consumers interact is more important than ever—for business owners and students of economics, alike. A handy, fluff-free resource tool, our 3-panel (6-page) guide simplifies the world of microeconomics through the use of definitions, formulas and full-color tables and charts. Read more

The award-winning illustrator Grady Klein has paired up with the world's only stand-up economist, Yoram Bauman, PhD, to take the dismal out of the dismal science. From the optimizing individual to game theory to price theory, The Cartoon Introduction to Economics is the most digestible, explicable, and humorous 200-page introduction to microeconomics you'll ever read. Bauman has put the comedy into economy at comedy clubs and universities around the country and around the world (his Principles of Economics, Translated is a YouTube cult classic). As an educator at both the university and high school levels, he has learned how to make economics relevant to today's world and today's students. As Google's chief economist, Hal Varian, wrote, You don't need a brand-new economics. You just need to see the really cool stuff, the material they didn't get to when you studied economics. The Cartoon Introduction to Economics is all about integrating the really cool stuff into an overview of the entire discipline of microeconomics, from decision trees to game trees to taxes and thinking at the margin. Rendering the cool stuff fun is the artistry of the illustrator and lauded graphic novelist Klein. Panel by panel, page by page, he puts comics into economics. So if the vertiginous economy or a dour professor's 600-page econ textbook has you desperate for a fun, factual guide to economics, reach for The Cartoon Introduction to Economics and let the collaborative genius of the Klein-Bauman team walk you through an entire introductory microeconomics course. Read more

Learn the basics of economics and keep up to date on our ever-changing economyWhether you’re studying economics in high school or college, or you’re just interested in taking a peek into the complexities of how money moves, Economics For Dummies is the go-to reference that transforms complex economic concepts into easy-to-understand reading. With the simple explanations in this book, you’ll master key topics like supply and demand, consumer behavior, and how governments and central banks attempt to avoid―or at least ameliorate―business downturns and recessions. Plus, you’ll learn what’s going on these days with inflation, interest rates, labor shortages, and the Federal Reserve. Studying for an exam? This Dummies guide has your back, with online practice and chapter quizzes to help you get the score you need. It’s time to recon econ, the Dummies way.Get a grasp on the unchanging fundamentals of economicsDive into behavioral economics and consumer decision makingLearn what drives economic growth and inequalitySolidify your knowledge with practice questions and quizzesEconomics For Dummies is an approachable reference book for students, as well as an informative guide for anyone interested in learning more about today’s economy. Read more

A better understanding of how the economy works in general is crucial for established businesses, start-ups and students of economics. This 3-panel (6-page) guide, jam-packed with up-to-date information, examines macroeconomics in great detail. Read more

AP® Microeconomics Crash Course® A Higher Score in Less Time! At REA, we invented the quick-review study guide for AP® exams. A decade later, REA’s Crash Course® remains the top choice for AP® students who want to make the most of their study time and earn a high score. Here’s why more AP® teachers and students turn to REA’s AP®Microeconomics Crash Course®: Targeted Review - Study Only What You Need to Know. REA’s all-new 2nd edition addresses all the latest test revisions. Our Crash Course® is based on an in-depth analysis of the revised AP® Microeconomics course description outline and sample AP® test questions. We cover only the information tested on the exam, so you can make the most of your valuable study time. Expert Test-taking Strategies and Advice. Written by a veteran AP® Microeconomics teacher, the book gives you the topics and critical context that will matter most on exam day. Crash Course® relies on the author’s extensive analysis of the test’s structure and content. By following his advice, you can boost your score. Practice questions – a mini-test in the book, a full-length exam online. Are you ready for your exam? Try our focused practice set inside the book. Then go online to take our full-length practice exam. You’ll get the benefits of timed testing, detailed answers, and automatic scoring that pinpoints your performance based on the official AP® exam topics – so you'll be confident on test day. When it's crucial crunch time and your Advanced Placement® exam is just around the corner, you need REA's Crash Course® for AP® Microeconomics! Read more

Learn economics in a simplified manner Discover the ten guiding principles of economics Understand the nuances of demand and supply Gain knowledge about different market structures with global examples Know everything about firm theories and cost structures Get insights into macroeconomics and the role of aggregate demand Economics simplified like never before Get an all-encompassing guide to the world of economics Principles of Economics Essentials You Always Wanted To Know is a complete yet compact for anyone wanting to learn the fundamentals of economics. It equips readers not only with theoretical knowledge but also practical tips and strategies. The book’s conversational tone and easy-to-understand language help readers grasp complex concepts with ease. The book is especially beneficial for someone wanting to understand how the principles of economics can be applied to real-life decision-making in business, life, and policy making. The complex concepts in this book are simplified to their easiest essentials and explained with practical examples from all over the world, which makes it suitable for students beginning to pursue the subject academically. On the other hand, the practical tips and usable explanations aim to benefit professionals looking to learn more about economics. The quiz questions at the end of every chapter help readers test their knowledge. The book also includes readily usable downloadable templates for professionals in the field. This book is part of the Self-Learning Management Series designed to help students, managers, career switchers, and entrepreneurs learn essential management lessons. Read more

Your no-nonsense guide to microeconomicsThe study of microeconomics isn't for the faint of heart. Fortunately, Microeconomics For Dummies is here to help make this tough topic accessible to the masses. If you're a business or finance major looking to supplement your college-level microeconomics coursework―or a professional who wants to expand your general economics knowledge into the microeconomics area―this friendly and authoritative guide will take your comprehension of the subject from micro to macro in no time! Cutting through confusing jargon and complemented with tons of step-by-step instructions and explanations, it helps you discover how real individuals and businesses use microeconomics to analyze trends from the bottom up in order to make smart decisions. Snagging a job as an economist is fiercely competitive―and highly lucrative. Having microeconomics under your belt as you work toward completing your degree will put you head and shoulders above the competition and set you on the course for career advancement once you land a job. So what are you waiting for? Analyze small-scale market mechanismsDetermine the elasticity of products within the market systemsDecide upon an efficient way to allocate goods and servicesScore higher in your microeconomics classEverything you need to make microeconomics your minion is a page away! Read more

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The world has entered a new era of geopolitical conflict. Cold War Two is no longer a distant possibility—it is today’s high-stakes conflict reality, shaping the global economy, financial markets, supply chains, trade policies, energy security, and technological competition.In this groundbreaking book, Jason Schenker, a top-ranked economist and futurist, provides a data-driven, forward-looking analysis of Cold War Two—how it began, where it’s headed, and what it means for businesses, policymakers, investors, and national security leaders. Drawing on his expertise as Chairman of The Futurist Institute and President of Prestige Economics, Schenker delivers a strategic roadmap to navigating this unprecedented era of uncertainty.What You’ll Learn:✅ The origins of Cold War Two—how it evolved from great power competition into a structured geopolitical, economic, and technological conflict.✅ Key battlegrounds—the global fronts where China, Russia, Iran, and North Korea are challenging the United States and its allies.✅ The economic impact—how Cold War Two is reshaping trade, supply chains, energy markets, and financial flows.✅ Technology as a weapon—the race for dominance in AI, semiconductors, quantum computing, and cyber warfare.✅ Future scenarios—how Cold War Two could escalate and what business leaders and policymakers can do to prepare.✅ Strategic recommendations—how businesses, corporate boards, and U.S. special forces can position themselves to minimize risks and maximize the potential to win in Cold War Two.Why Read This Book?Schenker brings decades of forecasting experience, advising global corporations, financial institutions, military leaders, and government agencies. His insights offer a nonpartisan, fact-based approach to understanding the global shifts that are already disrupting markets and industries.Whether you're a business executive, investor, policymaker, or military strategist, this book is your essential guide to adapting, mitigating risks, and seizing new opportunities in an era of economic, financial, and geopolitical upheaval.Cold War Two is here. Are you ready? Read more

Few other economists have been read and cited as often as R.H. Coase has been, even though, as he admits, "most economists have a different way of looking at economic problems and do not share my conception of the nature of our subject." Coase's particular interest has been that part of economic theory that deals with firms, industries, and markets—what is known as price theory or microeconomics. He has always urged his fellow economists to examine the foundations on which their theory exists, and this volume collects some of his classic articles probing those very foundations. "The Nature of the Firm" (1937) introduced the then-revolutionary concept of transaction costs into economic theory. "The Problem of Social Cost" (1960) further developed this concept, emphasizing the effect of the law on the working of the economic system. The remaining papers and new introductory essay clarify and extend Coarse's arguments and address his critics. "These essays bear rereading. Coase's careful attention to actual institutions not only offers deep insight into economics but also provides the best argument for Coase's methodological position. The clarity of the exposition and the elegance of the style also make them a pleasure to read and a model worthy of emulation."—Lewis A. Kornhauser, Journal of Economic Literature Ronald H. Coase was awarded the Nobel Prize in Economic Science in 1991. Read more

Thoroughly examine how microeconomic principles apply to health care delivery and its policies with Henderson's insightful HEALTH ECONOMICS AND POLICY, 8E. Updates and expanded content help you explore the changing nature of health care, the social and political sides of issues and the future of health care delivery and finance as the U.S. transitions beyond the Affordable Care Act. You learn how to analyze public policy from an economic perspective as new content addresses today's policy environment and changes as well as reform alternatives. Special features address issues in healthcare today, profile health care leaders and offer global comparisons. A convenient new eBook format provides imbedded links to extra content. New appendices show you how to interpret empirical results and perform economic evaluations. This edition clearly introduces an engaging economic side of health care that's interesting no matter what your major or future plans. Read more

How American industries rose to dominate the economic landscape in the twentieth centuryFor much of the twentieth century, American corporations led the world in terms of technological progress. Why did certain industries have such great success? Experimental Capitalism examines six key industries―automobiles, pneumatic tires, television receivers, semiconductors, lasers, and penicillin―and tracks the highs and lows of American high-tech capitalism and the resulting innovation landscape. Employing "nanoeconomics"―a deep dive into the formation and functioning of companies―Steven Klepper determines how specific companies emerged to become the undisputed leaders that altered the course of their industry's evolution.Klepper delves into why a small number of firms came to dominate their industries for many years after an initial period of tumult, including General Motors, Firestone, and Intel. Even though capitalism is built on the idea of competition among many, he shows how the innovation process naturally led to such dominance. Klepper explores how this domination influenced the search for further innovations. He also considers why industries cluster in specific geographical areas, such as semiconductors in northern California, cars in Detroit, and tires in Akron. He finds that early leading firms serve as involuntary training grounds for the next generation of entrepreneurs who spin off new firms into the surrounding region. Klepper concludes his study with a discussion of the impact of government and the potential for policy to enhance a nation’s high-tech industrial base.A culmination of a lifetime of research and thought, Experimental Capitalism takes a dynamic look at how new ideas and innovations led to America’s economic primacy. Read more

This textbook covers all the main aspects of managerial economics: the theory of the firm; demand theory and estimation; production and cost theory and estimation; market structure and pricing; game theory; investment analysis and government policy. It includes numerous and extensive case studies, as well as review questions and problem-solving sections at the end of each chapter. Nick Wilkinson adopts a user-friendly problem-solving approach which takes the reader in gradual steps from simple problems through increasingly difficult material to complex case studies. Read more

For readers who would like to learn economics for the fun of it, economics understood not as the study of the economy but as a tool for understanding human behavior: crime, marriage, politics, and much else.“In David Friedman’s hands, economics becomes a sprightly science. Friedman has the rare knack of introducting fundamental principles with humorous examples. . . . a dazzling array that runs the gamut from supermarkets to pirate ships. . . . A clear picture of how simple assumptions about individual preferences and human rationality can increase our understanding of ordinary market behavior and a wide range of social institutions from marriage, to crime, to voting.”Richard A. Epstein, The University of Chicago Law School“This book written nearly a decade ago before economics became hot far surpasses its successors such as "Freakonomics." “Amazon reviewer"The book of the month is HIDDEN ORDER: The Economics of Everyday Life. One doesn't normally think of an economics book as light and pleasant reading, but David makes it seem so. If you have any interest in economics at all, you'll find this book both readable and fascinating; and I guarantee you'll learn something from it." Jerry Pournelle in Byte“Hidden Order helps us look at everyday experience from the perspective of basic economics. Readers will be surprised to learn how much economics explains about their own behavior as well as about that of others …”James M. Buchanan, Nobel Laureate in Economics, 1986"The author is a talented teacher, and he moves effortlessly from the traffic jams and grocery stores to the efficient-market hypothesis, price theory, and backward-bending labor curves." —Deborah Stead in The New York Times“David Friedman's gift is making some of the more complicated concepts of economics simple. In _Hidden Order_, he does this with his trademark wit and ingenuity. The most esoteric yet essential aspects of modern economic thought - marginal utility, indifference curves, opportunity costs, Nash equilibria, rent-seeking, etc - all come to life in this modest paperback.”(Amazon reviewer)“A surprisingly lucid and useful book, and about as appealing as economics gets." — Kirkus ReviewsBooknotes Interview: https://www.youtube.com/watch?v=q6_kYven-0c Read more

Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley in the 1990s and Shanghai in the 2000s. As they do so, they help us understand why bubbles happen, and why some have catastrophic economic, social and political consequences whilst others have actually benefited society. They reveal that bubbles start when investors and speculators react to new technology or political initiatives, showing that our ability to predict future bubbles will ultimately come down to being able to predict these sparks. Read more