Peter Temin is an economist and economic historian, currently a professor at MIT and the former head of the Economics Department. His research interests include macroeconomic history, the Great Depression, industry studies in both the nineteenth and twentieth centuries, and ancient Rome.
I love this book for two reasons. It condenses a massive amount of economic history into a small book, and it shows how our unequal societies are backtracking to older models of the economy.
I have been studying, writing, and teaching economic history for nearly four decades. I was drawn to the field because it let me combine my passion for understanding how the past and present are connected with my fascination with the insights derived from the natural sciences. When I started studying economic history, the discipline was still relatively new, having grown out of pioneering research in the 1950s and 1960s by a small band of innovative scholars. During my career, I have met many of these intellectual giants personally, and I have watched the discipline of economic history mature and grow in both its methods and intellectual scope.
The modern world is defined by the relentless pace of technological change. But what is technology and how in the world does progress occur? Economists often treat the process of innovation as a “black box” out of which new products and processes emerge. Arthur opens the lid of this box and provides an eye-opening set of insights about how things work inside the box, and how that affects the rate and direction of innovation.
“More than anything else technology creates our world. It creates our wealth, our economy, our very way of being,” says W. Brian Arthur. Yet despite technology’s irrefutable importance in our daily lives, until now its major questions have gone unanswered. Where do new technologies come from? What constitutes innovation, and how is it achieved? Does technology, like biological life, evolve? In this groundbreaking work, pioneering technology thinker and economist W. Brian Arthur answers these questions and more, setting forth a boldly original way of thinking about technology.
The Nature of Technology is an elegant and powerful theory of technology’s origins…
I'm professor in the Department of Eastern Christian Studies at University College Stockholm and president of The Institute for the Study of Culture and Christianity. I focus primarily on human freedom and creativity, which I explore as aesthetic, socio-political, and existentially relevant phenomena. I've been teaching and publishing in the domains of visual arts, art history and theory, but also in religion/theology and political philosophy.
Although the book was originally published in 1983, it still remains a very valuable source for understanding one of the major socio-economic phenomena in post-WWII Yugoslavia—Yugoslav self-managing (or self-governing) socialism. The author offers a detailed insight into the theory upon which this system was based, as well as how this system worked in practice, pointing to many obstacles that could be detected. Given the importance of self-management in the history of socialist and anarchist thought, this book remains indispensable for the study of this Yugoslav experiment.
The subject of self-management - of companies in which the decisions are made by the work force rather than by the managers or owners - has long been of interest both to economists and to a wider audience. In this 1984 book Saul Estrin offers a comprehensive survey of how workers' self-management has influenced industrial structure and the allocation of resources in Yugoslavia, where a system of this type has operated since the 1950s. The book will interest economists concerned with the likely impact of workers' participation as well as specialists in self-management theory and the operation of the Yugoslav…
I'm a labor journalist. I've spent the past 20 years writing widely about inequality, class war, unions, and the way that power works in America. My parents were civil rights and antiwar activists in the 1960s and 70s, and they instilled in me an appreciation for the fact that social movements are often the only thing standing between regular people and exploitation. My curiosity about power imbalances in America drew me inexorably towards the absence of worker power and led me to the conclusion that the labor movement is the tool that can solve America's most profound problems. I grew up in Florida, live in Brooklyn, and report all over.
You can’t understand the role of labor in America unless you understand slavery, which set the original template for American labor exploitation that still echoes to this day.
This book is one of the best explorations of American slavery, its roots, and its integral connection to the capitalism that surrounds us all.
When you appreciate how long and completely slaves were oppressed and who got the gains of the work they did, you will develop a much sharper appreciation for the importance of maintaining worker power today.
Americans tend to cast slavery as a pre-modern institution,the nation's original sin, perhaps, but isolated in time and divorced from America's later success. But to do so robs the millions who suffered in bondage of their full legacy. As historian Edward E. Baptist reveals in The Half Has Never Been Told , the expansion of slavery in the first eight decades after American independence drove the evolution and modernization of the United States. In the span of a single lifetime, the South grew from a narrow coastal strip of worn-out tobacco plantations to a continental cotton empire, and the United…
I’m fascinated by systems of thought and very interested in understanding how we can improve our ability to create a better society for all. I think the past makes a good laboratory for investigating these kinds of questions. I got interested in early modern economic theory while researching the English East India Company for my dissertation in the sociology department of Columbia University, which was a great place for historical and computational sociology. I now teach economic sociology and theory as a professor at Yale University, another institution with amazing strengths in history, data science, and computational methods.
This book is a classic and a pleasure to read. If you like Natalie Zemon Davis, you will like Joyce Appleby. It is a terrific introduction to the fascinating world of early modern economic thought and solidifies the importance of mercantilist thought in the era of power and plenty and ships of the line.
I am an author and former environmental activist who dropped out of the ‘conflict industry’ in 1997 to start the Quivira Coalition, a nonprofit organization dedicated to building a radical center among ranchers, environmentalists, scientists, and others around practices that improve resilience in working landscapes. For two decades, I worked on the front lines of collaborative conservation and regenerative agriculture, sharing innovative, land-based solutions to food, water, and climate challenges. I live in Santa Fe, New Mexico.
Farmer and author Wendell Berry is a personal hero of mine. From his home in Kentucky, Berry has been writing about regenerative agriculture for decades. The Art of the Commonplace gathers together twenty of his best essays. They articulate a compelling vision for people dissatisfied with the stress, anxiety, disease, and destructiveness of contemporary life. Berry is also the author of numerous works of poetry and fiction.
"Here is a human being speaking with calm and sanity out of the wilderness. We would do well to hear him." ―The Washington Post Book World
The Art of the Commonplace gathers twenty essays by Wendell Berry that offer an agrarian alternative to our dominant urban culture. Grouped around five themes―an agrarian critique of culture, agrarian fundamentals, agrarian economics, agrarian religion, and geobiography―these essays promote a clearly defined and compelling vision important to all people dissatisfied with the stress, anxiety, disease, and destructiveness of contemporary American culture.
Why is agriculture becoming culturally irrelevant, and at what cost? What are the…
My passion for economics began during my first semester of college when I enrolled in a principles of macroeconomics course only because the professor was my father’s friend. The power of economic reasoning to explain the world around me has held my fascination every since. After graduate school, my interests turned to encourage others to use the economic way of thinking to better their lives. My life as an economic educator spans more than 40 years, having taught thousands of college students across several universities, from first-semester freshmen to matriculating doctoral candidates. My work has taken me around the world and back to my undergraduate alma mater in Pittsburg, Kansas.
This thin volume is subtitled101 Lessons You Can Use Everyday and is jam-packed with simple-to-understand explanations about how economics can help you make better personal choices while also providing an understanding of the way the world works – or doesn’t work.
Madariaga takes on important economics decisions like choosing a college or a career or getting married. He also tackles pervasive myths such as “economics is all about money” and “monopolies can charge any price they want and are always bad.”
The most fun in this book are the thirty entries on economic riddles and mysteries, where Madariaga addresses topics ranging from why students get discount movie tickets to the intriguing question of why he voluntarily cut his salary in half to change careers.
ECONOMICS FOR LIFE 3e is a book about real-world applications for economics. In addition to applications, the text contains critiques of common economic fallacies, paradoxical economic results, and solutions to economic mysteries that are sure to interest students. Tied through its Appendices to all South-Western principles texts, Economics for Life helps students use economic concepts to better understand the world around them. The book serves as a valuable resource for delivering a more applications-based Principles (or Economics 101) course and can be bundled at no additional charge.
History is my passion as well as my profession. I love a good story! When I was teaching courses in environmental history and women’s history, I kept noticing the intriguing intersections, which inspired me to write Beyond Nature’s Housekeepers. Most of my work focuses on the Gilded Age and Progressive Era (1877-1920) and includes two award-winning biographies, Fighting Bob La Follette and Belle La Follette Progressive Era Reformer. I’m also the co-editor of A Companion to the Gilded Age and Progressive Era and have written dozens of op-eds and give public talks (some of which can be found in the C-SPAN online library and on YouTube).
This is a classic by a leader in the field. It’s a hefty tome combining philosophy, economics, and history, but is well worth the time and energy required. Worster emphasizes that lack of water resources is a massive problem for the modern American West, necessitating increasingly complex and far-reaching irrigation systems that come at high social and economic costs. The result is an “empire” whose power is based on who controls the water vital to the urban, suburban, and rural life of the hydraulic west.
Donald Worster examines the development history of the American West, identifying the elite of technology and wealth who have controlled its most essential resource: water.
As a Professor of Economic History at the Oxford University, I taught the history of economic thought and wrote articles and a book in the field (The Nobel Factor).I love the limpid style and encompassing view of the classical economists (the first century after Smith). Their literary and academic styles have been abandoned, but they still have a great deal to teach. The role of land and natural resources as a factor of production in their theory has become relevant again as the environment comes under pressure. I also published in several other fields. My latest book is Understanding the Private-Public Divide: Markets, Governments and Time Horizons (2022).
Read anything by Mirowski. By far the best writer in the field today.
Highly original, massively intelligent, stimulating, witty, deeply informed, a trenchant writer. His life’s work is to probe the validity and scientific pretensions of the discipline.
The critiques are biting, all the more so for the real-world authority wielded by economists. That he is sometimes a provocative maverick adds to the appeal.
Machine Dreamsargued implausibly (for its time) that economics had embraced robotic simulation. The emergence of AI shows how far ahead of its time it was.
This was the first cross-over book into the history of science written by an historian of economics. It shows how 'history of technology' can be integrated with the history of economic ideas. The analysis combines Cold War history with the history of postwar economics in America and later elsewhere, revealing that the Pax Americana had much to do with abstruse and formal doctrines such as linear programming and game theory. It links the literature on 'cyborg' to economics, an element missing in literature to date. The treatment further calls into question the idea that economics has been immune to postmodern…
I have long been fascinated by what makes us human. Great art is about the human condition. We are very quick to reject art that gets that human condition wrong. I’m a poet, a playwright, and a scientist. While my science has found itself at the center of fields such as computational psychiatry and neuroeconomics, I find myself turning again and again to the insights from great novels to understand the subtleties of the human condition. So to complement the scientific questions of morality (because morality is all about the human condition), one should start with great novels that ask who we are and why we do what we do.
A science fiction tale couched in the language of a novel study of academia, Anathem by Neal Stephenson describes a world in which monk-like academicians ensconce themselves away in “maths” which shut their doors to the world for a day, a year, a decade, a century, or a millennium.
A marvelous vision on what it means to study something, to understand it, and, thus to see the world from a different perspective.
Since childhood, Raz has lived behind the walls of a 3,400-year-old monastery, a sanctuary for scientists, philosophers, and mathematicians. There, he and his cohorts are sealed off from the illiterate, irrational, unpredictable "saecular" world, an endless landscape of casinos and megastores that is plagued by recurring cycles of booms and busts, dark ages and renaissances, world wars and climate change. Until the day that a higher power, driven by fear, decides it is only these cloistered scholars who have the abilities to avert an impending catastrophe. And, one by one, Raz and his friends, mentors, and teachers are summoned forth…
