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Learning Economics
This book introduces the subject of economics using clear prose, rather than the graphs and equations common in many textbooks. The focus is on contemporary issues, particularly technological innovation and growth. To browse through the book or read some endorsements of the book, click here. The link below only gives you a brief excerpt.
The Three Languages of Politics
Now available in its 3rd edition, with new commentary on political psychology and communication in the Trump era, Kling's book could not be any more timely, as Americans--whether as media pundits or conversing at a party--talk past one another with even greater volume, heat, and disinterest in contrary opinions.The Three Languages of Politics it is a book about how we communicate issues and our ideologies, and how language intended to persuade instead divides.
Specialization and Trade
Since the end of the second World War, economics professors and classroom textbooks have been telling us that the economy is one big machine that can be effectively regulated by economic experts and tuned by government agencies like the Federal Reserve Board. It turns out they were wrong. Their equations do not hold up. Their policies have not produced the promised results. Their interpretations of economic events -- as reported by the media -- are often of-the-mark, and unconvincing. A key alternative to the one big machine mindset is to recognize how the economy is instead an evolutionary system, with constantly-changing patterns of specialization and trade. This book introduces you to this powerful approach for understanding economic performance. By putting specialization at the center of economic analysis, Arnold Kling provides you with new ways to think about issues like sustainability, financial instability, job creation, and inflation. In short, he removes stiff, narrow perspectives and instead provides a full, multi-dimensional perspective on a continually evolving system.
What’s Wrong with Keynesian Economic Theory?
Possibly the strangest phenomenon in all of economics is the absence of a long tradition of criticism focused on Keynesian economic theory. Keynesian demand management has been at the centre of some of the worst economic outcomes in history, from the great stagflation of the 1970s to the lost decade and more in Japan following the expenditure program of the 1990s. And once again, following the Global Financial Crisis, it is incontrovertible that no stimulus program in any part of the world has been a success, each one having been abandoned as conditions deteriorated under the weight of public sector spending. This book brings together some of the most vocal critics of Keynesian economics. Each author attempts to explain what is wrong with Keynesian theory in ways that can be understood by those seeking guidance on where to turn for a more accurate explanation of the business cycle and on what to do when recessions occur.
Crisis of Abundance
America's health care troubles largely stem from a great success: modern medicine can do much more today than in the past. So what's the trouble? How to pay for it. In easily comprehensible prose, MIT-trained economist Arnold Kling explains better ways of financing health care for the poor, workers, the disabled, and the elderly. Kling predicts relying less on government and more on private savings would improve health outcomes. A must-read for health care reformers.
Narrative Economics
From Nobel Prize–winning economist and New York Times bestselling author Robert Shiller, a groundbreaking account of how stories help drive economic events—and why financial panics can spread like epidemic viruses Stories people tell—about financial confidence or panic, housing booms, or Bitcoin—can go viral and powerfully affect economies, but such narratives have traditionally been ignored in economics and finance because they seem anecdotal and unscientific. In this groundbreaking book, Robert Shiller explains why we ignore these stories at our peril—and how we can begin to take them seriously. Using a rich array of examples and data, Shiller argues that studying popular stories...
The Three Languages of Politics
An inquiry into how we communicate issues and ideologies, and how language intended to persuade instead divides.
From Poverty to Prosperity
Conventional economists lean on the comfortable precision of mathematical abstraction and ignore the messy complexity of the real world. This work tells a big-picture story about the differences in the standard of living across time and across borders.
Poorly Understood
Work hard to get ahead; the poor are mostly minorities in inner cities living lazily off of welfare fraud; the government spends more on welfare than anywhere else in the world; America is a land of equal opportunity with easy social mobility for all. These are but a handful of the many myths about poverty in America, some of which have persisted for decades, with significant and harmful consequences on our social policy, our social compacts, and ourselves.Poorly Understood seeks to challenge and debunk these myths, along the way asking tough questions about how and why they have persisted and what it would take to replace them with true stories.
