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Taxing People

The Next One Hundred Years

Critical and Post-Keynesian Perspectives

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Handbooks in Economics

Handbook of the Economics of Identity: Volume 1

Corporatism and Neoliberalism in a Global Era

The World Economic Forum and COVID-19

Evolutionary Economics and Social Complexity Science

This is the first book to present a new approach of institutional design as an evolutionary applied policy based on coherent conceptualization and methodology, and to study the actuality and implications of diversifying real/virtual community currencies. In contrast to a de facto standard theory, an institutional ecosystem can be composed of various institutions that continue to coexist with changing relative frequencies. In this view, diversified monetary institutions with local rules are feasible and realistic. Community currencies are worldwide attempts to redress such problems as financial instability, chronic stagnation, and decline of communities caused by globalization of the economy. Considering those alternative movements as a new type of policy, "evolutionist institutional design", this book clarifies the feasibility and significance of community currencies in the current era of globalization. The book also provides a better understanding than mainstream approaches of such platform institutions as money that determine fundamental means of cognition and action of interacting agents. Money is a symbolically generalized communication medium in the mesodomain that mediates between socioeconomic performance and patterns in the macrodomain and motives and cognitive frameworks in the microdomain. Conventional national systems of money and finance are platform institutions that determine basic replicators for a capitalistic market economy to evolve. In contrast, community currencies conveying both economic and social/cultural values are distinct platform institutions that are expected to endogenously change such basic replicators in outer and inner institutions for agents to a noncapitalistic market economy. These currencies are considered target institutions for "media design" in the framework of evolutionist institutional design.

This is the first book to present a new approach of institutional design as an evolutionary applied policy based on coherent conceptualization and methodology, and to study the actuality and implications of diversifying real/virtual community currencies. In contrast to a de facto standard theory, an institutional ecosystem can be composed of various institutions that continue to coexist with changing relative frequencies. In this view, diversified monetary institutions with local rules are feasible and realistic. Community currencies are worldwide attempts to redress such problems as financial instability, chronic stagnation, and decline of communities caused by globalization of the economy. Considering those alternative movements as a new type of policy, “evolutionist institutional design”, this book clarifies the feasibility and significance of community currencies in the current era of globalization. The book also provides a better understanding than mainstream approaches of such platform institutions as money that determine fundamental means of cognition and action of interacting agents. Money is a symbolically generalized communication medium in the mesodomain that mediates between socioeconomic performance and patterns in the macrodomain and motives and cognitive frameworks in the microdomain. Conventional national systems of money and finance are platform institutions that determine basic replicators for a capitalistic market economy to evolve. In contrast, community currencies conveying both economic and social/cultural values are distinct platform institutions that are expected to endogenously change such basic replicators in outer and inner institutions for agents to a noncapitalistic market economy. These currencies are considered target institutions for “media design” in the framework of evolutionist institutional design.

An Evolutionist Institutional Design Approach

Community Currency

A journalistic account of the origins and rise of meme coins.

Crypto Degenerates, White House Hustlers, and the Rise of the Casino Economy

The American Meme

This book reframes the question of how Africa industrializes, and is the first to address a key challenge facing African economies today: achieving structural transformation alongside decarbonization, i.e. industrializing and greening simultaneously, rather than sequentially as earlier developers did. 

Drawing on primary fieldwork across five national economies - Ethiopia, Mauritius, Morocco, Nigeria, and South Africa - and six strategic sectors, accounting for 40% of Africa's GDP and a third of its population, Arkebe Oqubay advances the concept of Green Productive Transformation, in which structural economic change and decarbonization are treated as mutually constitutive imperatives rather than competing objectives. The comparative evidence demonstrates that where government policy, industrial hubs, and firm capabilities are strategically aligned, productive transformation and green transformation reinforce each other; where they are not, industrial growth follows the path of least environmental resistance, producing carbon lock-in. 

Just transition and energy transition frameworks are designed primarily with industrialized economies in mind. This book challenges the utility of these frameworks for Africa, and instead advances a domestically-driven alternative, grounded in structural transformation theory, green industrial policy, and the political economy of late development. No single green pathway exists for Africa: the evidence presented here reveals conditional pathways shaped by national context, sectoral configuration, and policy choice. A green, productive Africa is not an inevitable outcome of global technological change, but it is genuinely within reach, and the first step is getting the analysis right.

Greening African Economic Development

Edition Politik

Is shrimp becoming Ecuador's new oil&nbsp;– and at what cost? Valerie Lenikus uncovers the political-economic drivers and the socio-ecological implications of extractivism: how export-led aquaculture has razed mangroves, displaced coastal livelihoods, and sharpened struggles over land and natural resources. Based on the Latin American debate on extractivism, historical conditions and inequalities, and the controversial constitution of 2008, the complex power relations on different spatial levels are depicted, linking the central role of the state and its policies with concrete struggles of communities.

Conflicts and Power Relations in Ecuador's Shrimp Sector

Tides of Extraction

A textbook that examines how societies reach decisions about the use and allocation of economic resources While economic research emphasizes the importance of governmental institutions for growth and progress, conventional public policy textbooks tend to focus on macroeconomic policies and on tax-and-spend decisions. Markets, State, and People stresses the basics of welfare economics and the interplay between individual and collective choices. It fills a gap by showing how economic theory relates to current policy questions, with a look at incentives, institutions, and efficiency. How should resources in society be allocated for the most economically efficient outcomes, and how does this sit with society's sense of fairness? Diane Coyle illustrates the ways economic ideas are the product of their historical context, and how events in turn shape economic thought. She includes many real-world examples of policies, both good and bad. Readers will learn that there are no panaceas for policy problems, but there is a practical set of theories and empirical findings that can help policymakers navigate dilemmas and trade-offs. The decisions faced by officials or politicians are never easy, but economic insights can clarify the choices to be made and the evidence that informs those choices. Coyle covers issues such as digital markets and competition policy, environmental policy, regulatory assessments, public-private partnerships, nudge policies, universal basic income, and much more. Markets, State, and People offers a new way of approaching public economics. <ul><li>A focus on markets and institutions </li><li>Policy ideas in historical context </li><li>Real-world examples </li><li>How economic theory helps policymakers tackle dilemmas and choices </li></ul>

Economics for Public Policy

Markets, State, and People

The inside story of how Donald Trump sacked and pillaged the U.S. economy.The New York Times's Global Economics Correspondent reveals how Trump has personally profited billions while reducing American business leaders to fawning cronies; burning down the global trade order; undermining faith in the U.S. dollar; eroding the independence of the Federal Reserve; and dismantling regulatory oversight.How did the greatest economy in history devolve into a place where one man claimed the power of a mob boss, determining who wins and who loses, while steering much of the gains to his own family?As 2025 dawned, most American business leaders assumed they could safely ignore the inevitable chaos of Donald Trump's return to the White House. Instead, they have seen their companies shaken by Trump's assault on the global trading system, his attacks on the independence of the Fed, and his menacing of the rule of law itself. He has reduced some of the wealthiest, most powerful people on earth--Jeff Bezos, Jamie Dimon, Jensen Huang--into supplicants seeking his favor.Kiss the Ring tells the story of how Trump adopted the guise of a mob boss, turning the American business world into a protection racket. Wielding tariffs, executive orders, and other armaments of imperial rule, Trump has reconfigured the federal government into an instrument of his personal concerns. He has pulled the levers of authority to enrich himself, his relatives, and his allies while punishing his enemies. And he has done so with the complicity of major business leaders, whose loyalties to shareholders and their own fortunes have outweighed any sense of civic responsibility.Goodman exposes the roles of key people at the center of this extraordinary refashioning of American power: Peter Navarro, Howard Lutnick, Elon Musk, Bezos, and Dimon. It dissects how Trump and his family have personally profited from control of the executive branch. And it explores a fundamental vulnerability for American society as business leaders navigate an inherent conflict between bottom-line concerns and the preservation of democratic norms.Here is how leading executives in a country long celebrated as an exemplar of freedom wound up marching in the parade toward authoritarian rule.

The inside story of how Donald Trump sacked and pillaged the U.S. economy.The New York Times’s Global Economics Correspondent reveals how Trump has personally profited billions while reducing American business leaders to fawning cronies; burning down the global trade order; undermining faith in the U.S. dollar; eroding the independence of the Federal Reserve; and dismantling regulatory oversight.How did the greatest economy in history devolve into a place where one man claimed the power of a mob boss, determining who wins and who loses, while steering much of the gains to his own family?As 2025 dawned, most American business leaders assumed they could safely ignore the inevitable chaos of Donald Trump’s return to the White House. Instead, they have seen their companies shaken by Trump’s assault on the global trading system, his attacks on the independence of the Fed, and his menacing of the rule of law itself. He has reduced some of the wealthiest, most powerful people on earth—Jeff Bezos, Jamie Dimon, Jensen Huang—into supplicants seeking his favor.Kiss the Ring tells the story of how Trump adopted the guise of a mob boss, turning the American business world into a protection racket. Wielding tariffs, executive orders, and other armaments of imperial rule, Trump has reconfigured the federal government into an instrument of his personal concerns. He has pulled the levers of authority to enrich himself, his relatives, and his allies while punishing his enemies. And he has done so with the complicity of major business leaders, whose loyalties to shareholders and their own fortunes have outweighed any sense of civic responsibility.Goodman exposes the roles of key people at the center of this extraordinary refashioning of American power: Peter Navarro, Howard Lutnick, Elon Musk, Bezos, and Dimon. It dissects how Trump and his family have personally profited from control of the executive branch. And it explores a fundamental vulnerability for American society as business leaders navigate an inherent conflict between bottom-line concerns and the preservation of democratic norms.Here is how leading executives in a country long celebrated as an exemplar of freedom wound up marching in the parade toward authoritarian rule.

How Trump Cashed In on the Presidency and Shook Down the Global Economy

Kiss the Ring

Routledge Studies in Development Economics

The Political Economy of International Development Assistance

Argentine Freedom
 is the first account of the most disruptive figure in Argentine history since the nation’s return to democracy. In just a few years, Javier Milei rose from television economist and social media provocateur to president of a country long defined by crisis, state intervention, and political polarization. His ascent has sparked fierce debate at home and abroad: Is Milei a threat to democracy, a neo-conservative, or the herald of a much larger revival of the classical liberal tradition?
 
 The book provides a balanced examination of Milei’s rise to power. Rather than judging his policies, economic historian Sebastián Álvarez and political philosopher Ezequiel Spector ask a deeper set of questions: Where do Milei’s ideas come from? How do they relate to Argentina’s liberal tradition and its history of populism, socialism, and authoritarianism? And what does his presidency reveal about the tensions between liberty, equality, and democracy in the twenty-first century?&nbsp;
 
 Blending economic history, political philosophy, and contemporary analysis,&nbsp;
 Argentine Freedom
 traces Argentina’s long ideological arc from the liberal foundations of the 1853 Constitution, through Peronism, military rule, neoliberal reform, and the interventionist turn after the 2001 collapse, to the two liberal “waves” that culminated in Milei’s election. Along the way, it unpacks the meanings of liberalism and libertarianism, contrasts them with their main rivals, and situates Milei within both national history and a broader global surge of anti-establishment leaders.
 
 The resulting book offers a new way to understand Javier Milei as a political actor—and Argentina as a country once again at a crossroads.
 Sebastián Álvarez
 is Professor at Universidad Adolfo Ibáñez in Chile and Associate Researcher at the Graduate Institute in Geneva, Switzerland. His work explores the history of finance and banking in Latin America, with particular attention to how capital markets shape economic policy and international relations. He is the author of 
 Mexican Banks and Foreign Finance
 (Palgrave Macmillan, 2019).
 Ezequiel Spector
 is Research Professor and Director of the Master of Arts program in Philosophy, Politics, and Economics at Adolfo Ibáñez University in Chile. He is the author of 
 Freedom as Social Cooperation
 &nbsp;(Palgrave Macmillan, 2026).

Argentine Freedom
 is the first account of the most disruptive figure in Argentine history since the nation’s return to democracy. In just a few years, Javier Milei rose from television economist and social media provocateur to president of a country long defined by crisis, state intervention, and political polarization. His ascent has sparked fierce debate at home and abroad: Is Milei a threat to democracy, a neo-conservative, or the herald of a much larger revival of the classical liberal tradition?
 
 The book provides a balanced examination of Milei’s rise to power. Rather than judging his policies, economic historian Sebastián Álvarez and political philosopher Ezequiel Spector ask a deeper set of questions: Where do Milei’s ideas come from? How do they relate to Argentina’s liberal tradition and its history of populism, socialism, and authoritarianism? And what does his presidency reveal about the tensions between liberty, equality, and democracy in the twenty-first century?&nbsp;
 
 Blending economic history, political philosophy, and contemporary analysis,&nbsp;
 Argentine Freedom
 traces Argentina’s long ideological arc from the liberal foundations of the 1853 Constitution, through Peronism, military rule, neoliberal reform, and the interventionist turn after the 2001 collapse, to the two liberal “waves” that culminated in Milei’s election. Along the way, it unpacks the meanings of liberalism and libertarianism, contrasts them with their main rivals, and situates Milei within both national history and a broader global surge of anti-establishment leaders.
 
 The resulting book offers a new way to understand Javier Milei as a political actor—and Argentina as a country once again at a crossroads.

Javier Milei and the Libertarian Wave

Argentine Freedom

*VANITY FAIR'S BEST BOOKS OF 2025*ONE OF NEW REPUBLIC'S BOOKS OF THE YEAR*KIRKUS' BEST NONFICTION BOOKS OF THE YEAR 2025*ONE OF AV CLUB'S BEST BOOKS OF 2025*"[An] indictment of an industry that has cannily tilted the playing field in its favor. Bad Company details how clichéd abstractions like ‘consolidation’ and ‘efficiency’ have given cover to real betrayals.” - The New York TimesA timely work of singular reportage and a damning indictment of the private equity industry told through the stories of four American workers whose lives and communities were upended by the ruinous effects of private equity takeovers.Private equity runs our country, yet few Americans have any idea how ingrained it is in their lives. Private equity controls our hospitals, daycare centers, supermarket chains, voting machine manufacturers, local newspapers, nursing home operators, fertility clinics, and prisons. The industry even manages highways, municipal water systems, fire departments, emergency medical services, and owns a growing swath of commercial and residential real estate.Private equity executives, meanwhile, are not only among the wealthiest people in American society, but have grown to become modern-day barons with outsized influence on our politics and legislation. CEOs of firms like Blackstone, Carlyle, KKR, and Apollo are rewarded with seats in the Senate and on the boards of the country’s most august institutions; meanwhile, entire communities are hollowed out as a result of their buyouts. Workers lose their jobs. Communities lose their institutions. Only private equity wins.Acclaimed journalist Megan Greenwell’s Bad Company unearths the hidden story of private equity by examining the lives of four American workers that were devastated as private equity upended their employers and communities: a Toys R Us floor supervisor, a rural doctor, a local newspaper journalist, and an affordable housing organizer. Taken together, their individual experiences also pull back the curtain on a much larger project: how private equity reshaped the American economy to serve its own interests, creating a new class of billionaires while stripping ordinary people of their livelihoods, their health care, their homes, and their sense of security.In the tradition of deeply human reportage like Matthew Desmond’s Evicted, Megan Greenwell pulls back the curtain on shadowy multibillion dollar private equity firms, telling a larger story about how private equity is reshaping the economy, disrupting communities, and hollowing out the very idea of the American dream itself. Timely and masterfully told, Bad Company is a forceful rebuke of America’s most consequential, yet least understood economic forces.

*VANITY FAIR'S BEST BOOKS OF 2025*ONE OF NEW REPUBLIC'S BOOKS OF THE YEAR*KIRKUS' BEST NONFICTION BOOKS OF THE YEAR 2025*ONE OF AV CLUB'S BEST BOOKS OF 2025*"[An] indictment of an industry that has cannily tilted the playing field in its favor. Bad Company details how clichéd abstractions like ‘consolidation’ and ‘efficiency’ have given cover to real betrayals.” - The New York TimesA timely work of singular reportage and a damning indictment of the private equity industry told through the stories of four American workers whose lives and communities were upended by the ruinous effects of private equity takeovers.Private equity runs our country, yet few Americans have any idea how ingrained it is in their lives. Private equity controls our hospitals, daycare centers, supermarket chains, voting machine manufacturers, local newspapers, nursing home operators, fertility clinics, and prisons. The industry even manages highways, municipal water systems, fire departments, emergency medical services, and owns a growing swath of commercial and residential real estate.Private equity executives, meanwhile, are not only among the wealthiest people in American society, but have grown to become modern-day barons with outsized influence on our politics and legislation. CEOs of firms like Blackstone, Carlyle, KKR, and Apollo are rewarded with seats in the Senate and on the boards of the country’s most august institutions; meanwhile, entire communities are hollowed out as a result of their buyouts. Workers lose their jobs. Communities lose their institutions. Only private equity wins.Acclaimed journalist Megan Greenwell’s Bad Company unearths the hidden story of private equity by examining the lives of four American workers that were devastated as private equity upended their employers and communities: a Toys R Us floor supervisor, a rural doctor, a local newspaper journalist, and an affordable housing organizer. Taken together, their individual experiences also pull back the curtain on a much larger project: how private equity reshaped the American economy to serve its own interests, creating a new class of billionaires while stripping ordinary people of their livelihoods, their health care, their homes, and their sense of security.In the tradition of deeply human reportage like Matthew Desmond’s Evicted, Megan Greenwell pulls back the curtain on shadowy multibillion dollar private equity firms, telling a larger story about how private equity is reshaping the economy, disrupting communities, and hollowing out the very idea of the American dream itself. Timely and masterfully told, Bad Company is a forceful rebuke of America’s most consequential, yet least understood economic forces.

Private Equity and the Death of the American Dream

Bad Company

Taxing People

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