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Ever since we produced our course Thinking About Capitalism, customers have expressed interest in a follow-up course that could help them understand socialism in the same way. After much consideration, we determined that it actually would be more beneficial to create a course that compares and contrasts the two major global economic theories, examining them in ways that move past the polemics many of us are used to and looking at these systems as they relate to one another and the world at large.

In this book, Patrick Bolton and Haizhou Huang offer a novel perspective, viewing monetary economics through the lens of corporate finance. They propose a richer theory, where money can be seen as the equity capital of a nation, playing a similar role as stocks for a company. This innovative framework integrates the real and monetary sides of the economy, with a banking sector and debt at its core.

By the winner of the 1988 Nobel Prize in Economics, an essential and paradigm-altering framework for understanding economic development - for both rich and poor - in the 21st century. Freedom, Sen argues, is both the end and most efficient means of sustaining economic life and the key to securing the general welfare of the world's entire population. Releasing the idea of individual freedom from association with any particular historical, intellectual, political, or religious tradition, Sen clearly demonstrates its current applicability and possibilities.

In The Body Economic, Stuckler and Basu mine data from around the globe and throughout history to show how government policy becomes a matter of life and death during financial crises. In a series of historical case studies stretching from 1930s America, to Russia and Indonesia in the 1990s, to present-day Greece, Britain, Spain, and the U.S., Stuckler and Basu reveal that governmental mismanagement of financial strife has resulted in a grim array of human tragedies.

The inside story, told with “insight, perspective, and stellar reporting,” of how an unassuming civil servant created trillions of dollars from thin air, combatted a public health crisis, and saved the American economy from a second Great Depression (Alan S. Blinder, former Vice Chair of the...

An authoritative guide to global migration that corrects decades of misunderstanding and misguided policy, "defying orthodoxy on all sides of the debate" (Yascha Mounk, author of The Identity Trap​). As debates on immigration have reached fever pitch, so has political and media fearmongering...

The winners of the Nobel Prize show how economics, when done right, can help us solve the thorniest social and political problems of our day. Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than space travel or perhaps...

"May prove to be the most important book of our time.”—Tim Urban, Wait But Why The scramble to create superhuman AI has put us on the path to extinction—but it’s not too late to change course, as two of the field’s earliest researchers explain in this clarion call for humanity. In 2023...

This program is read by the author. The mental wellbeing of our children is shockingly poor. Marc Brackett, author of Permission to Feel, knows why. And he knows what we can do. "We have a crisis on our hands, and its victims are our children." Marc Brackett is a professor in Yale University’s...

Economic growth isn't working, and it cannot be made to work. Offering a counter-history of how economic growth emerged in the context of colonialism, fossil-fueled industrialization, and capitalist modernity, The Future Is Degrowth argues that the ideology of growth conceals the rising inequalities and ecological destructions associated with capitalism, and points to desirable alternatives to it.

In this compelling and balanced book, Mark Coeckelbergh reveals the key risks posed by AI for democracy. He argues that AI, as currently used and developed, undermines fundamental principles on which liberal democracies are founded, such as freedom and equality. How can we make democracy more resilient in the face of AI? And, more positively, what can AI do for democracy?

In this groundbreaking re-evaluation of American society, economics, and public policy, Oren Cass challenges our basic assumptions about what prosperity means and where it comes from to reveal how we lost our way. The good news is that we can still turn things around - if the nation’s proverbial elites are willing to put the American worker’s interests first. Which is more important, pristine air quality, or well-paying jobs that support families? Unfettered access to the cheapest labor in the world, or renewed investment in the employment of Americans?

From the author of Bowling Alone and Our Kids, a “sweeping yet remarkably accessible” (The Wall Street Journal) analysis of social capital, civic engagement, and American democracy that “offers superb, often counterintuitive insights” (The New York Times) to demonstrate how we have gone...

From a former senior advisor to Senator John McCain comes an urgent wake-up call about how new technologies are threatening America's military might. For generations of Americans, our country has been the world's dominant military power. How the US military fights, and the systems and weapons...

The process by which nations escape poverty and achieve economic and social progress has been the subject of extensive examination for hundreds of years. The notion of development itself has evolved from an original preoccupation with incomes and economic growth to a much broader understanding of development. In this Very Short Introduction, Ian Goldin considers the contributions that education, health, gender, equity, and other dimensions of human well-being make to development.

Why are cellphone plans so much more expensive in the United States than in Europe? It seems a simple question. But the search for an answer took Thomas Philippon on an unexpected journey through some of the most complex and hotly debated issues in modern economics. Ultimately, he reached a surprising conclusion: American markets, once a model for the world, are giving up on healthy competition.

American Exceptionalism and American Innocence examines the stories we’re told that lead us to think that the U.S. is a force for good in the world, regardless of slavery, the genocide of indigenous people, and the more than a century’s worth of imperialist war that the U.S. has wrought on the planet. Roberto Sirvent and Danny Haiphong detail just what Captain America’s shield tells us about the pretensions of U.S. foreign policy, how Angelina Jolie and Bill Gates engage in humanitarian imperialism, and more.

An expert takes on the crisis of income inequality, addressing the problems with our current compensation model, demystifying pay practices, and providing practical information employees can use when negotiating their salaries and discussing how we can close the gender and racial pay gap...

NEW YORK TIMES BESTSELLER WINNER OF THE PULITZER PRIZE ONE OF TIME’S TEN BEST NONFICTION BOOKS OF THE DECADE ONE OF THE NEW YORK TIMES’S 100 BEST BOOKS OF THE 21ST CENTURY A KIRKUS REVIEWS BEST NONFICTION BOOK OF THE CENTURY AN OPRAH DAILY BEST NONFICTION BOOK OF THE PAST...

From the author of the classic The Wizards of Armageddon and Pulitzer Prize finalist comes the definitive history of American policy on nuclear war—and several presidents’ actions in nuclear crises—from Truman to Trump. Fred Kaplan, hailed by The New York Times as “a rare combination of...