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When faced with material crises governments do not call upon historians, anthropologists, political scholars, or psychologists. They call on economists. These have developed the most coherent and convincing description of how society organizes itself through a system of accounting amenable to precise analysis. Mastering this analysis is the challenge of the apprentice economist. Learn to become a master from Filip Palda, who earned his Ph.D. in economics at the University of Chicago. Here is what Nobel Prize winners have said about Palda's previous books: "Interesting and well written." Gary...

Finally, the much awaited third book in Palda's "Social Calculus Trilogy" which covers all branches of economics. In A Better Kind of Violence Palda reveals how in recent years economists have learned to fuse economics and politics to produce a total theory of power. The most surprising conclusions are that politics tends towards a limited form of efficiency and that the advice of policy experts is irrelevant. The book draws on the three pillars of economics (individual maximization of utility, material constraints, the emergence of equilibrium) to show how economists have bypassed all other...

Did you ever want to understand why some societies are prosperous and peaceful while others live in a torment of discord and poverty? In this ground-breaking book Filip Palda, Ph.D. in economics from the University of Chicago, the school that has produced the most Nobel Prize winners in economics, explains in a clear and engaging manner for non-experts and economists alike why economics is the science of peace and prosperity and why these twin goals of every society are based on Pareto efficiency. This is the first guide for the layperson to understanding how politics and economics unite to...