Capital in the Twenty-First Century is a powerful critique of the modern capitalist system In Capital in the Twenty-First Century, the French economist Thomas Piketty argues that that capitalism constantly increases inequality by concentrating capital in the hands of a very affluent minority, and calls for a paradigm shift in the way we approach production and wealth. This clear and...
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Capitalism and Freedom is a key work by one of the 20th century’s most influential economists In Capitalism and Freedom, Milton Friedman argues in favor of competitive capitalism, which he sees as essential to both economic freedom and political freedom, two concepts which in his eyes are intrinsically linked. This clear and detailed summary and analysis is a valuable resource for anyone who...
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Globalization and Its Discontents provides insight into the most serious economic crises of recent years In Globalization and Its Discontents, Joseph Stiglitz argues that the policies set out by the International Monetary Fund and the World Bank have often hurt the very countries they were supposed to help, resulting in increased instability and heightened economic crises. This clear and detailed summary and...
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The Communist Manifesto is one of the most influential works of political theory ever written In The Communist Manifesto, Karl Marx and Friedrich Engels set out their belief that human relations have always been defined by class struggle and that the capitalist system is unsustainable in the long term. According to them, a revolution of the proletariat will inevitably lead to a communist...
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The General Theory of Employment, Interest and Money is a highly significant work that marked a turning point in the development of modern economic theory In The General Theory of Employment, Interest and Money, the British economist John Maynard Keynes argues that the belief that markets naturally tend towards full employment is a fallacy, and that state interventionism is therefore necessary to...
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The World Is Flat is a vital book for understanding our modern globalised world In his international bestseller The World Is Flat, the American journalist Thomas Friedman argues that globalisation and hyperconnectivity, which are made possible by the rise of technology, have resulted in a "flattening" of the world as international economic barriers collapse. This clear and detailed summary and analysis...
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Learn about the ideas of Joseph Stiglitz in just 50 minutes with this practical and concise book. Stiglitz is a Nobel Prize-winning economist and one of the best-known figures of New Keynesian economics. His work spans multiple domains of economics, including in particular political economics, development economics and econometrics. He is also a pioneer of information economics and an outspoken...
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Learn about the ideas of Karl Marx in just 50 minutes with this practical and concise book. Marx was a German economist and socialist revolutionary who had a significant influence on political thought, and particularly on Communism. His work includes a broad range of different political ideas, including the distribution of wealth and man's relationship with his environment, and gave rise to the...
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Learn about the ideas of Milton Friedman in just 50 minutes with this practical and concise book. Friedman was a Nobel Prize-winning economist who lived through many of the most significant economic periods in the USA: he witnessed the roaring twenties, the Wall Street Crash and the Second World War. His work spans multiple domains of economics, including in particular consumption...
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It is impossible to understand modern European history without first understanding the Cold War. Indeed, the tensions between the USA and the USSR, the two great powers to emerge from the Second World War, dominated the second half of the 20th century, resulted in a series of brutal proxy wars and brought the planet to the brink of nuclear war. The clash...
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