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Piketty Thomas: Equality Is a Struggle

Equality Is a Struggle

Bulletins from the Front Line, 2021-2025

Technological change and innovation have long fueled economic growth and employment. Yet, in recent decades, productivity gains have increasingly failed to translate into more jobs and higher wages. Jobless Growth and the New Great Transformation investigates this apparent paradox, by examining the theoretical and empirical evidence about the relationship between innovation and structural change. It combines rigorous and cutting-edge data analysis with EU case studies to reveal how recent technological breakthroughs, far from driving shared prosperity, have slowed growth, widened spatial divides and fueled societal polarization, partly due to excessive confidence in market deregulation. Drawing on data-driven analyses, the book explains why impacts of innovation vary so widely between regions and how history, institutions, and policy-not just market forces-determine who benefits from technological advances and who is left behind.

A Data Driven Analysis

Jobless Growth and the New Great Transformation

What can a Roman coin, a Chumash shell necklace, and a Bitcoin tell us about world history? This book traces the surprising life of money across centuries and civilizations. The Daily Life of Money in History offers an eye-opening look at how humans have exchanged value across time and cultures. Each of the 150 entries explores a single object-beautifully illustrated and deeply contextualized-to uncover how people bought, sold, traded, saved, and survived through the ages. Designed with researchers, educators, students, and curious readers in mind, this richly visual volume brings together cultural history, economic life, and global exchange in a highly accessible format. Each object includes origin details, historical purchasing power, and its legacy today-making it an ideal reference for classrooms, libraries, and history lovers alike.

The Daily Life of Money in History

Develop a sound investment philosophy based on lessons from history Trailblazers, Heroes, and Crooks: Stories to Make You a Smarter Investor is a highly entertaining and insightful look into key stories from history, teaching lessons about sound principles of investing, and controlling emotions and bias when managing your investment portfolio to help you become a stronger, more intelligent investor. Written by author and finance professor Stephen R. Foerster, this book spans from before the Middle Ages to the 2020s. Some of the stories in this book include: <ul> <li>Cristiano Ronaldo taking two bottles of Coke off a table at a press conference, and ostensibly causing Coca-Cola's stock value to plunge $4 billion</li> <li>Harry Markopolos trying to develop a strategy similar to Bernie Madoff's, realizing his strategy was bogus, and spending a decade proving his case</li> <li>A hostage crisis in twelfth century Venice involving trumped-up charges, conflict, deceit, a plague, and an angry mob, leading to the birth of government bonds</li> <li>A salad oil swindle almost destroying American Express, prompting Warren Buffett to make one of the best stock investments ever</li> </ul> For both experienced and novice investors, Trailblazers, Heroes, and Crooks: Stories to Make You a Smarter is a fun, accessible, and informative guide that through history shows, not tells, you how to develop an investment philosophy of guiding principles, and become a better investor.

Stories to Make You a Smarter Investor

Trailblazers, Heroes, & Crooks

Routledge Revivals

Originally published in 1968, this book was an important contribution both to the economics of the public sector and to the study of comparative economic systems and remains of historical interest. In contrast to many expenditure specialists who deal primarily with aggregated data, the author presents a combination of a theoretical and statistical analysis of a number of individual public expenditures. This enables him to take advantage of the special properties of each expenditure. In comparing economic systems the author studies many nations including Austria, Bulgaria, Germany, Greece, Ireland, Italy and the USA and clarifies the differences between their systems by empirical comparisons of the behaviour of each country.This classic book was among the first extensive studies in the field of comparative economic systems using modern economic theory and statistical methods.

Public Expenditures in Communist and Capitalist Nations

Contributions to Economics

The new macroeconomics is about distributions and flows, rather than points and intersections. Market frictions imply that the search for trading partners is time consuming and costly. Consequently, market participants flow between economic states, and trades occur at dispersed prices. This generates motives for continued search for better market opportunities, and for bargaining between potential trading partners. This volume takes the empirical analysis of markets with frictions to a new level by using unique merged registers from Denmark on firm accounting data, individual employee data, and international trade data to estimate empirically the relevant flow rates, dispersions, and relations among key variables of interest, including productivity, firm size, wages, exports, growth, and unemployment. The results serve to inform researchers and policy makers about the functioning of markets, justify the interpretation of dispersion and flows as equilibrium outcomes, and provide an understanding of cycles, adjustment, and potentials for public policy.

The new macroeconomics is about distributions and flows, rather than points and intersections. Market frictions imply that the search for trading partners is time consuming and costly. Consequently, market participants flow between economic states, and trades occur at dispersed prices. This generates motives for continued search for better market opportunities, and for bargaining between potential trading partners. This volume takes the empirical analysis of markets with frictions to a new level by using unique merged registers from Denmark on firm accounting data, individual employee data, and international trade data to estimate empirically the relevant flow rates, dispersions, and relations among key variables of interest, including productivity, firm size, wages, exports, growth, and unemployment. The results serve to inform researchers and policy makers about the functioning of markets, justify the interpretation of dispersion and flows as equilibrium outcomes, and provide an understanding of cycles, adjustment, and potentials for public policy.

Evidence from Danish Matched Employer-Employee Data

Firm Heterogeneity, Labor Markets and International Trade

In analyzing how business interacts with the evolution of economic, technological and political systems over the long term, the book provides a unique method to understand this increasingly vital topic. Updated to incorporate more detail on management theories, the new edition also brings the story up to date to the era of global crisis and financialization.With a chronological approach and led by globally-recognized experts on business history, this is essential reading for all business students and scholars looking at the past and towards the future.

In this textbook, expert authors Amatori and Colli present businesses as the key driver of economic change and development. In analyzing how business interacts with the evolution of economic, technological and political systems over the long term, the book provides a unique method to understand this increasingly vital topic. Updated to incorporate more detail on management theories, the new edition also brings the story up to date to the era of global crisis and financialization.With a chronological approach and led by globally-recognized experts on business history, this is essential reading for all business students and scholars looking at the past and towards the future.

Complexities and Comparisons

Business History

This book&nbsp;employs a structured, step-by-step approach to economic problem-solving. Each chapter begins with specific learning objectives, guiding students on what they should achieve. Key economic terms and concepts appear in lists, and brief overviews of each module help students connect with the material before diving in. The book highlights what students need to solve each problem and offers hints, enhancing their problem-solving skills.Primarily targeting undergraduate students in intermediate microeconomics courses, this book also benefits those in more advanced courses. It aids in teaching, testing, and homework assignments, helping students prepare for tests and exams. Practical learning comes through visual aids like graphs and charts, making complex concepts easier to understand. With over 400 solved short answer and essay questions, and over 350 multiple-choice questions with explanations, students have extensive practice opportunities.The "Requirement and Clue" feature directs students' attention to what is required and provides hints for solving each problem, addressing common issues students face in problem-solving. The case studies do not restrict themselves to any particular country, making it a versatile resource for economic thinkers worldwide. Suitable for use with major textbooks on intermediate microeconomics, the book enhances its utility as a supplementary resource.Overall, the book&nbsp;fills a gap in intermediate microeconomics education by providing a comprehensive, practical, and structured approach to problem-solving. It serves as an invaluable tool for both students and professors, aiding in teaching, testing, and homework assignments.Elijah M. James
 is the president of James Consulting Services in Montreal, Canada. He was a professor at Concordia University prior to consulting. As a professor, he taught graduate courses in managerial economics (micro and macro), national and international economics, and more. In addition to Concordia University, he has taught at McGill University, John Abbott College, and Dawson College.&nbsp;

This book&nbsp;employs a structured, step-by-step approach to economic problem-solving. Each chapter begins with specific learning objectives, guiding students on what they should achieve. Key economic terms and concepts appear in lists, and brief overviews of each module help students connect with the material before diving in. The book highlights what students need to solve each problem and offers hints, enhancing their problem-solving skills.Primarily targeting undergraduate students in intermediate microeconomics courses, this book also benefits those in more advanced courses. It aids in teaching, testing, and homework assignments, helping students prepare for tests and exams. Practical learning comes through visual aids like graphs and charts, making complex concepts easier to understand. With over 400 solved short answer and essay questions, and over 350 multiple-choice questions with explanations, students have extensive practice opportunities.The "Requirement and Clue" feature directs students' attention to what is required and provides hints for solving each problem, addressing common issues students face in problem-solving. The case studies do not restrict themselves to any particular country, making it a versatile resource for economic thinkers worldwide. Suitable for use with major textbooks on intermediate microeconomics, the book enhances its utility as a supplementary resource.Overall, the book fills a gap in intermediate microeconomics education by providing a comprehensive, practical, and structured approach to problem-solving. It serves as an invaluable tool for both students and professors, aiding in teaching, testing, and homework assignments.

Questions, Answers, and Explanations

Problem-Solving in Microeconomics

Routledge International Studies in Money and Banking

From the Global Financial Crisis and Beyond

Financial Instability and Systemic Risk

Threats of Secession in Red and Blue America and Why They Won't Work

The Disunited States

Originally published in 1963 but with lasting historical interest, this book was based on extensive research including many personal interviews with foreign trade officials and economists in communist East Berlin. It surveys the extent of economic integration between the European communist nations during the middle of the 20th century and pays particular attention to the problems of economic planning and decision making. The changing pattern of economic exploitation is revealed by the scrutiny of the foreign trade prices of these nations and the author also examines the economic motives behind the geographical pattern of trade.

The Other Common Market

The Communist Foreign Trade System

Economists dream of equilibrium. It's time to wake up. In mainstream economics, markets are ideal if competition is perfect. When supply balances demand, economic maturity is orderly and disturbed only by shocks. These ideas are rooted in doctrines going back thousands of years, yet, as James K. Galbraith and Jing Chen show, they contradict the foundations of our scientific understanding of the physical and biological worlds. Entropy Economics discards the conventions of equilibrium and presents a new basis for thinking about economic issues, one rooted in life processes--an unequal world of unceasing change in which boundaries, plans, and regulations are essential. Galbraith and Chen's theory of value is based on scarcity, and it accounts for the power of monopoly. Their theory of production covers increasing and decreasing returns, uncertainty, fixed investments over time, and the impact of rising resource costs. Together, their models illuminate key problems such as trade, finance, energy, climate, conflict, and demography. Entropy Economics is a thrilling framework for understanding the world as it is and will be keenly relevant to the economic challenges of a world threatened with disorder.

The Living Basis of Value and Production

Entropy Economics

Equality Is a Struggle

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