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A humorous and sideways look at the lives of some of the great and eccentric economic minds.

No one grows up dreaming of becoming an economist. Until the late nineteenth century, economics couldn’t even be studied at university and was the preserve of polymathic figures whose radical curiosity drew them to an evolving discipline that was little understood and often derided. Each of the thirteen chapters of this book tells the story of just such a figure. Each of their extraordinary lives is worthy of fiction, and the manner of their deaths, oddly, often illuminate their work.

In the Long Run We’re All Dead shows us how these great economists developed their theories for which they became famous, even if, tragically, much too late for them to enjoy their fame. And these often-complex ideas – of Utilitarianism, of Social Costs, of the Endowment Effect, to name just a few – are explained here with reference to the lives of their creators in a style that is engaging, irreverent, and comic. Though what Frank tells us about these lives is true, this is also a book of imaginative speculation that considers how economists’ principles might be applied to problems of today and of the future.

‘In the long run’, said John Maynard Keynes, we are all dead’. A blandly straightforward statement but one, when uttered by perhaps the greatest economist of the twentieth century, intriguingly gnomic too. Keynes is but one of the eccentrics, radical, unconventional, and often revolutionary thinkers whose lives Björn Frank entertainingly recounts.

Bjoern F: In the Long Run We Are All
Dead

In the Long Run We Are All Dead

The Lives and Deaths of Great Economists

A sparkling biography of the legendary Fulvia of Ancient Rome, described by Cicero as 'a thoroughly rapacious woman'.

The Woman Who Broke All the Rules in Ancient Rome

Fulvia

The new path for economic development that India must create The whole world has a stake in India’s future, and that future hinges on whether India can develop its economy and deliver for its population—now the world’s largest—while staying democratic. India’s economy has overtaken the United Kingdom’s to become the fifth-largest in the world, but it is still only one-fifth the size of China’s, and India’s economic growth is too slow to provide jobs for millions of its ambitious youth. Blocking India’s current path are intense global competition in low-skilled manufacturing, increasing protectionism and automation, and the country’s majoritarian streak in politics. In Breaking the Mold, Raghuram Rajan and Rohit Lamba show why and how India needs to blaze a new path if it’s to succeed. India diverged long ago from the standard development model, the one followed by China—from agriculture to low-skilled manufacturing, then high-skilled manufacturing and, finally, services—by leapfrogging intermediate steps. India must not turn back now. Rajan and Lamba explain how India can accelerate growth by prioritizing human capital, expanding opportunities in high-skilled services, encouraging entrepreneurship, and strengthening rather than weakening its democratic traditions. It can chart a path based on ideas and creativity even at its early stage of development. Filled with vivid examples and written with incisive candor, Breaking the Mold shows how India can break free of the stumbling blocks of the past and embrace the enormous possibilities of the future.

India’s Untraveled Path to Prosperity

Breaking the Mold

Routledge Frontiers of Political Economy

Capitalism is an economic system where almost all production and trade activities are organised by enterprises whose purpose is to maximise the return on the capital that has been invested in them. Economists, however, have almost universally defined capital in a way that makes it impossible for them to analyse important practical and societal aspects of the economic calculations of capital-based enterprises in capitalism.In contrast, this book develops a theory of capital that is, at the same time, a theory of capitalism. Based on the definition of capital provided by the Historical and Institutional Schools, and later developed by Carl Menger and Ludwig von Mises, the theory of capital in this book takes account of the term "capital" as understood and used in actual business life. A theory of capital that is successful in explaining the rationale of economic calculations of profit-oriented enterprises in the market economy will necessarily also explain how the societal production process is organised in capitalism. Starting from the positive analysis of capital and capitalism, the book discusses the fair value and shareholder value revolutions of recent decades. These approaches, sometimes summarised under the label of "value-orientation," have introduced theoretical neoclassical equilibrium concepts into the practice of enterprises in capitalism. The book argues that this has led to paradoxical and unsustainable results. It does not make sense to reform the institutions of economic calculation on the basis of a theory that does not, in any significant way, deal with these institutions.The book will be of great interest to readers in the areas of Austrian economics, institutional economics, history of economic thought, varieties of capitalism, and financial accounting.The Open Access version of this book, available at http://www.taylorfrancis.com, has been made available under a Creative Commons Attribution (CC-BY) 4.0 International license.

The Role of Economic Calculation in the Market Economy

Capital and Capitalism

A revelatory, jaw-dropping portrait of Tucker Carlson's career and his history of reinvention, and a story of how the right-wing media lost its mind.
New York Magazine writer Jason Zengerle's eye-opening narrative follows Tucker Carlson's infamous journey from gifted young intern at The Weekly Standard to a noxious talking head on Fox News, and then to his dethroning and defenestration.
In the tradition of Our Man and The Loudest Voice in the Room, Zengerle examines how Tucker Carlson's Zelig-like career offers a unique lens into the confusing, myopic, and utterly shameless evolution of American conservatism, its media presence and punditry, from the 1990s to the present.

A revelatory, jaw-dropping portrait of Tucker Carlson’s career and his history of reinvention, and a story of how the right-wing media lost its mind. 
New York Magazine writer Jason Zengerle’s eye-opening narrative follows Tucker Carlson’s infamous journey from gifted young intern at New Republic to a noxious talking head on Fox News, and then to his dethroning and defenestration.
In the tradition of Our Man and The Loudest Voice in the Room, Zengerle examines how Tucker Carlson’s Zelig-like career offers a unique lens into the confusing, myopic, and utterly shameless evolution of American conservatism, its media presence and punditry, from the 1990s to the present.

Tucker Carlson and the unravelling of the conservative mind

Hated by All the Right People

Routledge Revivals

First published in 1988, The World Newspaper Industry surveys the state of the world newspaper industry in the twentieth century. This book will be a valuable resource for anyone interested in the historical and economic aspects of the newspaper industry.

The World Newspaper Industry

First published in 1948, Malaya and its History is a history of Malaya ranging from the thousand years of Hindu influence to the eras of Portuguese and Dutch rule, and from the establishment of the British protectorate to Malayan independence in 1957. There are chapters on law, trade, industry and the social services. This book will be of interest to students of history, southeast Asian studies, and cultural studies.

Malaya and its History

Introduction.- A modern steel industry.- The origins of the Australian steel industry.- Boom years: the 1960s.- Stagnation: the 1970s.

This book explores the history and evolution of Australia’s steel industry. In the late 19th and early 20th centuries, the creation of a large, technologically advanced steel sector was widely seen as essential for economic development, providing vital inputs for railways, shipping, engineering, and construction. While new materials such as plastics, aluminium, and concrete have since taken centre stage, steel once stood at the heart of industrial progress.In the Australian context, the steel industry became closely linked with Broken Hill Proprietary Limited (BHP), for decades the country’s largest private corporation and long identified as the “Big Australian.” BHP’s exit from steelmaking in 2002 marked not just a corporate turning point but also reflected the broader transformation of the Australian economy, where mining increasingly overshadowed manufacturing.Yet, the story of steel in Australia is not merely one of decline. This book examines how the industry endured through profound shifts in the national and global economy, overcoming challenges and adapting to survive, even prosper, through the late 20th and early 21st centuries. In doing so, it reveals how businesses, particularly in the manufacturing sector, can demonstrate resilience and strategic adaptation in an era of globalisation.By tracing the steel industry’s rise, struggles, and persistence, this book offers fresh insights into the dynamics of industrial change and the lessons it holds for Australia’s economic future.

From 1964 to 2024

Australian Steel in a Globalised World

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

In Agrarian Evolution in a Multiform Structure Society (first published in English in 1981) the author analyses the roots of the Indian society and suggests future directions. He argues that India, like many Asian countries, exhibits tendencies peculiar to an economy evolving on the basis of dependent capitalist development.

Experience of Independent India

Agrarian Evolution in a Multiform Structure Society

Elements in Ancient and Pre-modern Economies

The Element reconstructs economic developments in state formation in Mesopotamia, from the 4th to early 3rd millennium BCE, trying to understand how interrelating environmental, social, economic, and political factors in the two main areas of Mesopotamia changed the structures of societies and transformed the relations between social components.

4th and 3rd Millennia BCE

Chalcolithic and Early Bronze Age Economies of Mesopotamia

The definitive biography of American suffragist and women’s rights pioneer Elizabeth Cady Stanton, from a preeminent historian of women’s suffrage “The life of Elizabeth Cady Stanton still has much to teach us. The invented prisons of race, sex, and class are still with us, but learning about successful past struggles against them can help to equalize the future.”&nbsp;—Gloria Steinem Elizabeth Cady Stanton was a singular leader, thinker, and organizer whose fight for women’s emancipation stretched from the 1840s to her death in 1902, a full fifth of America’s history. Yet her legacy has been marked by controversy. In this landmark biography, eminent historian Ellen Carol DuBois paints a fresh portrait of this complex crusader whose tireless work made contemporary feminism possible.&nbsp; &nbsp; Born in 1815 into a family deeply marked by the tumult of the American Revolution and surging evangelicalism, Stanton was captivated by Enlightenment ideas about individual freedom and transformed by early experiences in what she called “the school of antislavery.” Though most remembered for her fight for the vote, she was also an early crusader for women’s reproductive autonomy and reforming the institution of marriage, and against Christianity’s subordination of women. Her rifts with Black reformers and embrace of nativist ideas tarnished her reputation, but her words still have the ability to move and agitate people today.&nbsp;&nbsp; &nbsp; Building upon exhaustive archival research and a deep engagement with Stanton’s copious writings, Elizabeth Cady Stanton brilliantly captures a crucial reformer in all of her intelligence, moral ambiguity, and power.&nbsp; &nbsp; &nbsp;

A Revolutionary Life

Elizabeth Cady Stanton

Routledge International Studies in Money and Banking

The Global Financial Crisis revealed that systemic fragility arises not only from identifiable risks but also from systemic uncertainty - the endogenous and often unpredictable dynamics that build up within financial systems and amplify across time and space. More than a decade later, this dual challenge remains pressing as the rising inequality and geopolitical insecurity have underscored the vulnerability of interconnected economies and societies.This book illustrates how agent-based modelling (ABM) can enrich the study of crises, systemic risk and uncertainty, and the distributional effects of policies that are designed to contain them. Rather than treating crises as external shocks, the book highlights how fragility can emerge endogenously within economies that are understood as complex, evolving systems. Through clear explanations and targeted applications, it not only demonstrates how ABM can capture the effects of macroprudential regulation on the real economy and inequality and shed light on moments of financial instability but also provides a practical guide to building such data-driven models in the first place. At the same time, it situates these insights within a broader discussion of contagion, procyclicality and global financial regulation, thus connecting the modelling results with ongoing debates on how best to safeguard financial stability. Further, it offers a valuable synthesis of lessons learned from advanced economies, illustrating how institutional design and macroprudential policy can strengthen financial resilience while also generating significant redistributive effects across sectors and households.The book is primarily aimed at an academic audience of scholars and advanced students in economics, finance and computational social science. It will also appeal to professionals in central banks, regulators and policymakers engaged in designing and evaluating macroprudential frameworks.Jagoda Kaszowska-Mojsa is a researcher and lecturer and holds positions at the National Bank of Poland and Cracow University of Economics, Poland.

From the Global Financial Crisis and Beyond

Financial Instability and Systemic Risk

In the Long Run We Are All Dead

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