Government Finance

〔転売屋は社会に役立つ〕ヤク中、ダフ屋、売春婦、悪徳警官……「不道徳」な人々を憎悪し、袋叩きにする現代社会。

Authors Barry Eichengreen, Asmaa El-Ganainy, Rui Esteves, and Kris James Mitchener argue that the ability of governments to issue debt has played a critical role in addressing emergencies—from wars and pandemics to economic and financial crises, as well as in funding essential public goods and services such as transportation, education, and healthcare. None of this is to deny that debt problems, debt crises, and debt defaults occur. But these dramatic events, which attract much attention, are not the entire story. In Defense of Public Debt redresses the balance.

Das Sachbuch "Kapitalismus und Freiheit" zählt zu den anerkanntesten wirtschaftspolitischen Werken unserer Zeit. Der amerikanische Wirtschaftswissenschaftler Milton Friedman setzt sich darin mit der Bedeutung von wirtschaftlicher Freiheit für die politische Unabhängigkeit des Menschen in der modernen Gesellschaft auseinander. Die hier vorliegende Auflage enthält neben einem nachträglich verfassten Vorwort von Milton Friedman auch Anmerkungen des bekannten deutschen Ökonomen Horst Siebert.

Free-market economists often have noted that there are winners and losers in a competitive capitalist world. The question of how to deal with the difficult real-life consequences faced by the losers, however, has largely been ignored. Populist politicians have tried repeatedly to address the issue by creating walls - of both the physical and economic kinds - to insulate communities and keep competition at bay. Economist Glenn Hubbard argues that because they delay needed adaptations to the ever-changing world, walls are essentially backward-looking and ultimately destined to fail.

This updated classic offers clear and concise explanations of the basic legal concepts of government contract law for professionals at any stage of their career. In straightforward language for contracting officers, contract administrators, contractors, subcontractors, and others in the procurement field, this new edition has been updated with new cases and regulations.

The bailouts during the recent financial crisis enraged the public. They felt unfair - and counterproductive: people who take risks must be allowed to fail. If we reward firms that make irresponsible investments, aren't we encouraging them to continue to act irresponsibly? Bailouts have happened throughout economic history and are unavoidable in any modern, market-based economy. And they're actually good. Contrary to popular belief, the financial system cannot operate properly unless the government stands ready to bail out banks and other firms.

What if Latin America Ruled the World? deftly braids together the histories of North and South America from the exploits of Hernán Cortés to the political showmanship of Hugo Chávez and Evo Morales. Scholar Oscar Guardiola-Rivera is an ideal guide for a searching portrait of the Latin America that we rarely hear about.

In this ground-breaking book, Ben Ramalingam shows that the linear, mechanistic models and assumptions on which foreign aid is built would be more at home in early-20th-century factory floors than in the dynamic, complex world we face today. All around us, we can see the costs and limitations of dealing economies and societies as if they are analogous to machines. The reality is that such social systems have far more in common with ecosystems: They are complex, dynamic, diverse, and unpredictable.

In The Progress Illusion, Jon D. Erickson charts the rise of the economic worldview and its infiltration into our daily lives as a theory of everything. Drawing on his own experience as a young economist inoculated in the 1980s era of "greed is good," Erickson shows how pseudoscience came to dominate economic thought. He pokes holes in the conventional wisdom of neo-classical economics, illustrating how flawed theories about financial decision-making and maximizing efficiency ignore human psychology and morality.

México cambió en 1994. Las nuevas generacio­nes lo han escuchado como si se tratase de una leyenda urbana, pero para los millones de fami­lias que vivieron la devaluación del peso y la turbulencia económica de la década de los noventa, es una etapa que no se olvidará.

In this stunning new story of political economy, author Eric Robert Morse examines why the modern system has become so unwieldy and explains what must be done to correct it. His astute analysis and fascinating storytelling take readers on an epic journey, from the dawn of free-market capitalism during the age of exploration, through the industrial revolution and Adam Smith, to the rise of Keynesianism and the dominance of the welfare state....

Wer wissen möchte, wie wir und vor allem unsere Kinder bald schon leben, welche Technologien sie und die Welt prägen werden, muss durch Shenzhen streifen. Die 12-Millionen-Metropole in Südchina gehört zu den innovativsten Städten der Welt. Eine Megacity, die quasi aus dem Nichts entstand, wo Nachhaltigkeit und moderne Lebensqualität selbstverständlich sind, aber eben auch Gesichtserkennung und der gläserne Mensch. Die Cloud in Shenzhen weiß alles. Die Shenzhener Techies stellen inzwischen das Silicon Valley in den Schatten, ihre Start-ups zählen zu den wertvollsten der Welt.

In this groundbreaking economic analysis, Juan Rodriguez Aceves reveals a stunning truth hidden behind the headlines of violence and arrest statistics. Mexican cartels haven't just become criminal enterprises—they've evolved into the economic backbone of entire regions, employing millions of people and contributing tens of billions of dollars to Mexico's economy annually.

Unlock the power of shareholder capitalism -- a system that transcends zero-sum games and Wall Street stereotypes. In its essence, shareholder capitalism enables mutually beneficial trade, a concept ingrained in our human history for over 300,000 years. This approach fosters specialization, fuels innovation, and propels economic growth.

Since humans migrated from Africa and dispersed throughout the world, they have found countless ways and reasons to reconnect with one another. In this entertaining book, Nayan Chanda follows the exploits of traders, preachers, adventurers, and warriors throughout history as they have shaped and reshaped the world. For Chanda, globalization is a process of ever-growing interconnectedness and interdependence that began thousands of years ago and continues to this day with increasing speed and ease.

The Internet Revolution, like all great industrial changes, has made the world's elephantine media companies tremble that their competitors-whether small and nimble mice or fellow elephants-will get to new terrain first and seize its commanding heights. In a climate in which fear and insecurity...

The greatest challenges facing humankind, according to Deirdre Nansen McCloskey, are poverty and tyranny, both of which hold people back. Arguing for a return to true liberal values, this engaging and accessible book develops, defends, and demonstrates how embracing the ideas first espoused by 18th-century philosophers like Locke, Smith, Voltaire, and Wollstonecraft is good for everyone. In McCloskey's view, liberalism leads to equality, but equality does not necessarily lead to liberalism - and the fixation of the left on inequality is counterproductive.

As Morgan Stanley's chief Asia specialist, getting Asia right is Stephen Roach's personal obsession, and this in-depth compilation represents more than 70 of Roach's key research efforts not just on Asia, but also on how the region fits into the broad context of increasingly globalized financial markets. The book argues that the "Asia factor" is not a static concept, but rather one that is constantly changing and evolving.

Sheila Bair is widely acknowledged in government circles and the media as one of the first people to identify and accurately assess the subprime crisis. Appointed by George W. Bush as the chairperson of the Federal Deposit Insurance Corporation (FDIC) in 2006, she witnessed the origins of the financial crisis and, in 2008, became - along with Hank Paulson, Ben Bernanke, and Timothy Geithner-one of the key players invested in repairing the damage to our economy.

In this book, Nobel Prize-winning economist Edmund Phelps draws on a lifetime of thinking to make a sweeping new argument about what makes nations prosper--and why the sources of that prosperity are under threat today. Why did prosperity explode in some nations between the 1820s and 1960s, creating not just unprecedented material wealth but "flourishing"--meaningful work, self-expression, and personal growth for more people than ever before?