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.
Risk and Business Cycles examines the causes of business cycles, a perennial topic of interest within economics. The author argues the case f...
This intriguing work explores the world of three amate artists. A native tradition, all of their painting is done in Mexico, yet, the finished product is sold almost exclusively to wealthy American art buyers. Cowen examines this cultural interaction between Mexico and the United States to see how globalization shapes the lives and the work of the artists and their families. The story of these three artists reveals that this exchange simultaneously creates economic opportunities for the artists, but has detrimental effects on the village. A view of the daily village life of three...
This intriguing work explores the world of three amate artists. A native tradition, all of their painting is done in Mexico, yet, the finished product...
Does a market economy encourage or discourage music, literature, and the visual arts? Do economic forces of supply and demand help or harm the pursuit of creativity? This book seeks to redress the current intellectual and popular balance and to encourage a more favorable attitude toward the commercialization of culture that we associate with modernity. Economist Tyler Cowen argues that the capitalist market economy is a vital but underappreciated institutional framework for supporting a plurality of co-existing artistic visions, providing a steady stream of new and satisfying creations,...
Does a market economy encourage or discourage music, literature, and the visual arts? Do economic forces of supply and demand help or harm the purs...
In a world where more people know who Princess Di was than who their own senators are, where Graceland draws more visitors per year than the White House, and where Michael Jordan is an industry unto himself, fame and celebrity are central currencies. In this intriguing book, Tyler Cowen explores and elucidates the economics of fame.
Fame motivates the talented and draws like-minded fans together. But it also may put profitability ahead of quality, visibility above subtlety, and privacy out of reach. The separation of fame and merit is one of the central dilemmas Cowen considers in...
In a world where more people know who Princess Di was than who their own senators are, where Graceland draws more visitors per year than the White ...
One of America's most respected economists presents a quirky, incisive romp through everyday life that reveals how you can turn economic reasoning to your advantage--often when you least expect it to be relevant.
Like no other economist, Tyler Cowen shows how economic notions--such as incentives, signals, and markets--apply far more widely than merely to the decisions of social planners, governments, and big business. What does economic theory say about ordering from a menu? Or attracting the right mate? Or controlling people who talk too much in meetings? Or dealing with your dentist? With...
One of America's most respected economists presents a quirky, incisive romp through everyday life that reveals how you can turn economic reasoning to ...
Assertions of market failure are usually based on Paul Samuelson's theory of public goods and externalities. This book both develops that theory and challenges the conclusion of many economists and policy-makers that market failures cannot be corrected by market forces. The volume includes major case studies of private provision of public goods. Among the goods considered are lighthouse services, education, municipal services, and environmental conservation.
Assertions of market failure are usually based on Paul Samuelson's theory of public goods and externalities. This book both develops that theory a...
A leading economist, "who may very well turn out to be this decade's Thomas Friedman" (Wall Street Journal), illuminates the state of American food today. Tyler Cowen, one of the most influential economists of the last decade, wants you to know that just about everything you've heard about how to get good food is wrong. Drawing on a provocative range of examples from around the globe, Cowen reveals why airplane food is bad, but airport food is improving, why restaurants full of happy, attractive people usually serve mediocre meals, and why American food has improved as Americans...
A leading economist, "who may very well turn out to be this decade's Thomas Friedman" (Wall Street Journal), illuminates the state of American food...
The groundbreaking follow-up to the New York Times bestseller The Great Stagnation The United States continues to mint more millionaires and billionaires than any country ever. Yet, since the great recession, three quarters of the jobs created here pay only marginally more than minimum wage. Why is there growth only at the top and the bottom? Renowned economist and bestselling author Tyler Cowen explains that high earners are taking ever more advantage of machine intelligence and achieving ever-better results. Meanwhile, nearly every business sector relies less and less...
The groundbreaking follow-up to the New York Times bestseller The Great Stagnation The United States continues to mint more milliona...
The SelfDefeating Quest for the American Dream. The problem, according to legendary blogger, economist and bestselling author Tyler Cowen, is that Americans today have broken from this tradition. Working harder than ever to avoid change, seeking more security and more safety. Moving homes less, making children play inside more, choosing their music and friends on algorithms that wall us off from anything that might be too new or too different. While this might feel rational and be good individually, it spells trouble collectively. According to Cowen, there are significant collateral downsides...
The SelfDefeating Quest for the American Dream. The problem, according to legendary blogger, economist and bestselling author Tyler Cowen, is that Ame...
Stan bardzo dobry - książka była czytana, ale jeszcze długo posłuży innym czytelnikom. Ma ślady używania - otwierania i kartkowania, rysy, zabrudzenia. Wygląda jak książka, którą wypożyczasz w bibliotece. Does the market economy encourage or discourage music, literature, and the visual arts? Do economic forces of supply and demand help or harm the pursuit of creativity? This book seeks to redress the late 1990s intellectual and popular balance and to encourage a more favourable attitude towards the commercialization of culture that we associate with modernity. Economist, Martin...
Stan bardzo dobry - książka była czytana, ale jeszcze długo posłuży innym czytelnikom. Ma ślady używania - otwierania i kartkowania, rysy, zab...
