When eminent economist Nicholas Stern was commissioned by the British government to direct the largest study ever of global warming, the results made headlines world wide. The Global Deal offers a concise, accessible view of the climate crisis and its possible solutions, as proposed by one of today's greatest economists.
Getting it Wrong: How Faulty Monetary Statistics Undermine the Fed, the Financial System, and the Economy
Blame for the recent financial crisis and subsequent recession has commonly been assigned to everyone from Wall Street firms to individual homeowners. It has been widely argued that the crisis and recession were caused by "greed" and the failure of mainstream economics. In Getting It Wrong, leading economist William Barnett argues instead that there was too little use of the relevant economics, especially from the literature on economic measurement. Barnett contends that as financial instruments became more complex, the simple-sum monetary aggregation formulas used by central banks, including the U.S. Federal Reserve, became obsolete.
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It is addressed to concepts of social theory within that tradition, and, more especially, to concepts of the nature and status of Marxist social theory itself. Thus its topic comprises forms of self-understanding that are at the same time views on the proper or optimal ways of doing certain kinds of theoretical work. It seeks both to explicate these ideas and to assess them critically. If its primary objectives are achieved, some further questions should come into
The Monster: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America--and Spawned a Global Crisis
Who killed the economy? A page-turning, true-crime expose of the subprime salesmen and Wall Street alchemists who produced the biggest financial scandal in American history