The story of the Pentagon's secret budget--the black budget. The first detailed look into the multibillion-dollar cache used to fund every defense program, every espionage mission, every weapon, and every war that the President, the Secretary of Defense and the Director of the CIA want erased from the public ledger and shielded from public debate.

This is the first English translation of one of the classical works of Marxist economic theory. When Rudolf Hilferding’s Finance Capitalwas first published in 1919 it was acclaimed by reviewers as a continuation of Marx’s Capital, and it has a major influence upon subsequent Marxist thought, especially in the analysis of imperialism where it provided some of the fundamental ideas for the theories of Bukharin and Lenin. But Hilferding’s work was much more than a study of imperialism, which was presented only in the last section of the book. It set out to examine the main tendencies in the development of the capitalist mode of production as a whole at the beginning of the twentieth century, beginning with an exposition of the theory of money (in which particular attention was paid to the growth of credit money), then analysing the increasingly important role of the banks in the mobilization of capital, along with the development of large corporations, cartels and trusts, and finally outlining a theory of economic crises. Hilferding’s book has, however, more than an historical interest. It is a model for any renewed attempt to understand the ‘latest phase of capitalist development’ in the closing decades of the twentieth century, and Hilferdin’s ideas still provide essential elements for the elaboration of theoretically enlightened and realistic policies in the socialist movement.

Michael Wolff knows Rupert Murdoch, Barry Diller, Jean-Marie Messier, Steve Ross and Ted Turner. He knows what they want, what fuels their appetites and what they can and can't see when they look in the mirror (or the financial pages). And he tells us all he knows in this report.

Since the Great Depression the legitimacy of the state has become closely linked to its economic performance. Recently, public choice, monetarism and the New Classical macroeconomics have all questioned the efficiency and desirability of State intervention in the economy. This book, founded on an essay by Professor Joseph E. Stiglitz aims to provide an insight into the positive and normative aspects of the evolving role of the State. Professor Stiglitz's essay is taken up and discussed by a group of economists who address the crucial question of whether there can be an optimum with respect to the size and character of the public sector.

"In publishing Marx's Concept of Man in 1961, Erich Fromm presented to the English-speaking world for the first time Karl Marx's then recently discovered Economic and Philosophical Manuscripts. Including the Manuscripts and many other philosophical writings by Marx as well as Fromm's own extended response, many of these writings have since become recognised as important works in their own right. Fromm stresses Marx's humanist philosophy and challenges both contemporary Western ignorance of Marx and Soviet corruptions of his work. Fromm's analysis of Marx's work and his dissemination of these neglected writings by Marx himself fundamentally altered the prevailing discourse about Marxism, revolutionising contemporary thought and providing a formative influence for the development of the New Left"--

As economic advisor to the Bank of England for many years, C. A. E. Goodhart is uniquely positioned to assess the role of the central bank in the modern financial system. This book brings together twenty-one of his previously published articles dealing with the changing functions of central banks over time, recent efforts to maintain price stability, and debates over specific financial regulation proposals in the UK. Although the current day-to-day operations of central banks are subject to continuous comment and frequent criticism, their structural role within the economic system as a whole has generally been accepted without much question, despite several attempts by economists in recent decades to challenge the value of the institution. C. A. E. Goodhart brings his knowledge of both the theoretical arguments and the actual working of central banks to bear in these essays. Part I looks at the general purposes and functions of central banks within the financial system and their evolution over time. Part II concentrates on the current objectives and operations of central banks, and the maintenance of price stability in particular. Part III analyzes the broader issues of financial regulation.

Two-sided matching provides a model of search processes such as those between firms and workers in labor markets or between buyers and sellers in auctions. This book gives a comprehensive account of recent results concerning the game-theoretic analysis of two-sided matching. The focus of the book is on the stability of outcomes, on the incentives that different rules of organization give to agents, and on the constraints that these incentives impose on the ways such markets can be organized. The results for this wide range of related models and matching situations help clarify which conclusions depend on particular modeling assumptions and market conditions, and which are robust over a wide range of conditions. 'This book chronicles one of the outstanding success stories of the theory of games, a story in which the authors have played a major role: the theory and practice of matching markets … The authors are to be warmly congratulated for this fine piece of work, which is quite unique in the game-theoretic literature.' From the Foreword by Robert Aumann

A systematic treatment of the economics of the modern firm, this book draws on the insights of a variety of areas in modern economics and other disciplines, but presents a coherent, consistent, innovative treatment of the central problems in organizations of motivating people and coordinating their activities. KEY TOPICS: Introduces the fundamental problems organizations encounter and explains why they occur. Discusses a number of patterns of response — showing why organizations are structured as they are, why they adopt the policies they do, and how they solve organizational problems themselves.

"In One Economics, Many Recipes, leading economist Dani Rodrik argues that neither globalizers nor antiglobalizers have got it right. While economic globalization can be a boon for countries that are trying to dig out of poverty, success usually requires following policies that are tailored to local economic and political realities rather than obeying the dictates of the international globalization establishment. A definitive statement of Rodrik's original and influential perspective on economic growth and globalization, One Economics, Many Recipes shows how successful countries craft their own unique strategies--and what other countries can learn from them. To most proglobalizers, globalization is a source of economic salvation for developing nations, and to fully benefit from it nations must follow a universal set of rules designed by organizations such as the World Bank, the International Monetary Fund, and the World Trade Organization and enforced by international investors and capital markets. But to most antiglobalizers, such global rules spell nothing but trouble, and the more poor nations shield themselves from them, the better off they are. Rodrik rejects the simplifications of both sides, showing that poor countries get rich not by copying what Washington technocrats preach or what others have done, but by overcoming their own highly specific constraints. And, far from conflicting with economic science, this is exactly what good economics teaches." http://www.loc.gov/catdir/enhancements/fy0726/2007005575-d.html.

This Palgrave Pivot offers comprehensive evidence about what people actually think of “nudge” policies designed to steer decision makers’ choices in positive directions. The data reveal that people in diverse nations generally favor nudges by strong majorities, with a preference for educative efforts – such as calorie labels - that equip individuals to make the best decisions for their own lives. On the other hand, there are significant arguments for noneducational nudges – such as automatic enrollment in savings plans - as they allow people to devote their scarce time and attention to their most pressing concerns. The decision to use either educative or noneducative nudges raises fundamental questions about human freedom in both theory and practice. Sunstein's findings and analysis offer lessons for those involved in law and policy who are choosing which method to support as the most effective way to encourage lifestyle changes.

[This book] ... is a comprehensive treatise on economic science that would lay the foundation for a massive shift in intellectual opinion that is still working itself out fifty years after publication. Not even such milestones in the history of economic thought as Adam Smith's Wealth of Nations, Alfred Marshall's Principles, Karl Marx's Capital, or John Maynard Keynes's General Theory can be said to have such enduring significance and embody such persuasive power that today's student and scholars, as much as those who read it when it first appeared, are so fully drawn into the author's way of thinking. For this reason ... this Scholar's Edition is the original 1949 magnum opus that represents such a critical turning point in the history of ideas, reproduced (with a 1954 index produced by Vernelia Crawford) for the fiftieth anniversary of its initial appearance ...

Why we need to think more like economists to successfully combat terrorism If we are to correctly assess the root causes of terrorism and successfully address the threat, we must think more like economists do. Alan Krueger's What Makes a Terrorist, explains why our tactics in the fight against terrorism must be based on more than anecdote, intuition, and speculation. Many popular ideas about terrorists are fueled by falsehoods, misinformation, and fearmongering. Many believe that poverty and lack of education breed terrorism, despite a wealth of evidence showing that most terrorists come from middle-class and often college-educated backgrounds. Krueger closely examines the factors that motivate individuals to participate in terrorism, drawing inferences from terrorists' own backgrounds and the economic, social, religious, and political environments in the societies from which they come. He describes which countries are the most likely breeding grounds for terrorists, and which ones are most likely to be their targets. Krueger addresses the economic and psychological consequences of terrorism and puts the threat squarely into perspective, revealing how our nation's sizable economy is diverse and resilient enough to withstand the comparatively limited effects of most terrorist strikes. He also calls on the media to be more responsible in reporting on terrorism. Bringing needed clarity to one of the greatest challenges of our generation, this 10th anniversary edition of What Makes a Terrorist features a new introduction by the author that discusses the lessons learned in the past decade from the rise of ISIS and events like the 2016 Pulse nightclub attack in Orlando, Florida-- Book jacket.

In the wake of the global financial crisis that began in 2007, faith in the rationality of markets has lost ground to a new faith in their irrationality. The problem, Roman Frydman and Michael Goldberg argue, is that both the rational and behavioral theories of the market rest on the same fatal assumption--that markets act mechanically and economic change is fully predictable. In Beyond Mechanical Markets , Frydman and Goldberg show how the failure to abandon this assumption hinders our understanding of how markets work, why price swings help allocate capital to worthy companies, and what role government can and can't play. The financial crisis, Frydman and Goldberg argue, was made more likely, if not inevitable, by contemporary economic theory, yet its core tenets remain unchanged today. In response, the authors show how imperfect knowledge economics, an approach they pioneered, provides a better understanding of markets and the financial crisis. Frydman and Goldberg deliver a withering critique of the widely accepted view that the boom in equity prices that ended in 2007 was a bubble fueled by herd psychology. They argue, instead, that price swings are driven by individuals' ever-imperfect interpretations of the significance of economic fundamentals for future prices and risk. Because swings are at the heart of a dynamic economy, reforms should aim only to curb their excesses. Showing why we are being dangerously led astray by thinking of markets as predictably rational or irrational, Beyond Mechanical Markets presents a powerful challenge to conventional economic wisdom that we can't afford to ignore.

In God Wants You to Be Rich , bestselling author Paul Zane Pilzer provides an original, provocative view of how to accumulate wealth and why it is beneficial to all of humankind. A theology of economics, this book explores why God wants each of us to be rich in every way -- physically, emotionally, and financially -- and shows the way to prosperity, well-being, and peace of mind. Pilzer explains that the foundation of our economic system is based on our Judeo-Christian heritage and includes chapters on a variety of financial issues from outsourcing and unemployment to the rise of technology and real estate. Table of Contents 1. God Wants You to Be Rich 2. The Covenant 3. The Search for Camelot 4. Economic Alchemy 5. What's Happening to Our Jobs 6. The Workplace of the 21st Century 7. Money 8. Government 9. Leadership Appendix: The Principles and Six Laws of Economic Alchemy

Abstract:

During the 1970s radical politics in France underwent major changes, transformed by the rise of the Socialist Party, the decline of the Communists, and the loss of faith in Marxism. These changes, together with the lessened impact of the industrial proletariat and the problems presented by Mitterrand's sweeping Socialist victory in 1981, signalled a veritable turning point in modern French history. This book offers a historical and political analysis of the history of labor, Socialism, and Communism in France since the Revolution, an analysis that is essential for understanding recent French political developments. Unlike most books, which treat labor, Socialist and Communist history separately and view French Marxism as a self-contained philosophical phenomenon, Marxism and the French Left offers a refreshingly different approach to the subject. Judt emphasizes the complex and interwoven themes that unify the topics of his essays to construct a distinctive and original interpretation of French left-wing politics over the past 150 years.