Essays in the Economics of Crime and Punishment

Essays in the Economics of Crime and Punishment

Author: National Bureau of Economic Research

Publisher: Columbia University Press

Published: 1974

Total Pages: 268

ISBN-13: 9780870142888

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When a giant invades the peaceful kingdom of the Tatrajanni and takes the different-looking girl prisoner, it takes the combined efforts of the wise woman of the mountain, the Prince, and the girl herself to rid the kingdom of the intruder.


The Nobel Factor

The Nobel Factor

Author: Avner Offer

Publisher: Princeton University Press

Published: 2019-11-19

Total Pages: 344

ISBN-13: 0691196311

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How the creation of the Nobel Prize in Economics changed the economics profession, Sweden, and the world Our confidence in markets comes from economics, and our confidence in economics is underpinned by the Nobel Prize in Economics, which was first awarded in 1969. Was it a coincidence that the prize and the rise of free-market liberalism began at the same time? The Nobel Factor is the first book to describe the origins and power of the most important prize in economics. It tells how the prize, created by the Swedish central bank, emerged from a conflict between central bank orthodoxy and Sweden's social democracy. The aim was to use the halo of the Nobel brand to influence the future of Sweden and the rest of the developed world by enhancing the bank's authority and the prestige of market-friendly economics. And the strategy has worked spectacularly—with sometimes disastrous results for societies striving to cope with the requirements of economic theory and deregulated markets. Drawing on previously untapped archives and providing a unique analysis of the sway of prizewinners, The Nobel Factor offers an unprecedented account of the real-world consequences of economics and its greatest prize.


Who Gets What--and why

Who Gets What--and why

Author: Alvin E. Roth

Publisher: Houghton Mifflin Harcourt

Published: 2015

Total Pages: 275

ISBN-13: 0544291131

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A Nobel laureate reveals the often surprising rules that govern a vast array of activities -- both mundane and life-changing -- in which money may play little or no role. If you've ever sought a job or hired someone, applied to college or guided your child into a good kindergarten, asked someone out on a date or been asked out, you've participated in a kind of market. Most of the study of economics deals with commodity markets, where the price of a good connects sellers and buyers. But what about other kinds of "goods," like a spot in the Yale freshman class or a position at Google? This is the territory of matching markets, where "sellers" and "buyers" must choose each other, and price isn't the only factor determining who gets what. Alvin E. Roth is one of the world's leading experts on matching markets. He has even designed several of them, including the exchange that places medical students in residencies and the system that increases the number of kidney transplants by better matching donors to patients. In Who Gets What -- And Why, Roth reveals the matching markets hidden around us and shows how to recognize a good match and make smarter, more confident decisions.


A Monetary History of the United States, 1867-1960

A Monetary History of the United States, 1867-1960

Author: Milton Friedman

Publisher: Princeton University Press

Published: 2008-09-02

Total Pages: 889

ISBN-13: 140082933X

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“Magisterial. . . . The direct and indirect influence of the Monetary History would be difficult to overstate.”—Ben S. Bernanke, Nobel Prize–winning economist and former chair of the U.S. Federal Reserve From Nobel Prize–winning economist Milton Friedman and his celebrated colleague Anna Jacobson Schwartz, one of the most important economics books of the twentieth century—the landmark work that rewrote the story of the Great Depression and the understanding of monetary policy Milton Friedman and Anna Jacobson Schwartz’s A Monetary History of the United States, 1867–1960 is one of the most influential economics books of the twentieth century. A landmark achievement, it marshaled massive historical data and sharp analytics to argue that monetary policy—steady control of the money supply—matters profoundly in the management of the nation’s economy, especially in navigating serious economic fluctuations. One of the book’s most important chapters, “The Great Contraction, 1929–33” addressed the central economic event of the twentieth century, the Great Depression. Friedman and Schwartz argued that the Federal Reserve could have stemmed the severity of the Depression, but failed to exercise its role of managing the monetary system and countering banking panics. The book served as a clarion call to the monetarist school of thought by emphasizing the importance of the money supply in the functioning of the economy—an idea that has come to shape the actions of central banks worldwide.


The Nobel Prize

The Nobel Prize

Author: Agneta Wallin Levinovitz

Publisher: World Scientific

Published: 2001-08-14

Total Pages: 248

ISBN-13: 9814338052

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The Nobel Prize, as founded in Alfred Nobel's will, was the first truly international prize. There is no other award with the same global scope and mission. The Nobel Prizes in Physics, Chemistry, Physiology or Medicine, Literature, Peace, and the Bank of Sweden Prize in Economic Sciences (from 1969) have not only captured the most significant contributions to the progress of mankind, they also constitute distinct markers of the major trends in their respective areas. The main reason for the prestige of the Prize today is, however, the lasting importance of the names on the list of Laureates and their contributions to human development. In celebration of the centennial of the Nobel Prize in 2001, this book offers a clear perspective on the development of human civilization over the past hundred years. The book serves to present the major trends and developments and also provide information about the life and philosophy of Alfred Nobel, the history of the Nobel Foundation, and the procedure for nominating and selecting Nobel Laureates. Contents:Introduction (M Sohlman)Life and Philosophy of Alfred Nobel (T Frängsmyr)The Nobel Foundation: A Century of Growth and Change (B Lemmel)Nomination and Selection of the Nobel Laureates (B Lemmel)The Nobel Prize in Physics (E B Karlsson)The Nobel Prize in Chemistry: The Development of Modern Chemistry (B G Malmström & B Andersson)The Nobel Prize in Physiology or Medicine (J Lindsten & N Ringertz)The Nobel Prize in Literature (K Espmark)The Nobel Peace Prize (G Lundestad)The Sveriges Riksbank (Bank of Sweden) Prize in Economic Sciences in Memory of Alfred Nobel 1969–2000 (A Lindbeck) Readership: General. Keywords:Reviews:“This wonderful book gives a comprehensive review of the Nobel prizes awarded since 1901 … Reading the book is like reading a compressed history of humankind in the twentieth century. It shows how by and large the Nobel prizes have indeed tracked the epoch-making events in this turbulent century.”M Veltman Nobel Laureate in Physics (1999), Emeritus Professor of Physics University of Michigan, Ann Arbor


Good Economics for Hard Times

Good Economics for Hard Times

Author: Abhijit V. Banerjee

Publisher: PublicAffairs

Published: 2019-11-12

Total Pages: 398

ISBN-13: 1541762878

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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 even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it. Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change--these are sources of great anxiety across the world, from New Delhi and Dakar to Paris and Washington, DC. The resources to address these challenges are there--what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable. In this revolutionary book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge, building on cutting-edge research in economics explained with lucidity and grace. Original, provocative, and urgent, Good Economics for Hard Times makes a persuasive case for an intelligent interventionism and a society built on compassion and respect. It is an extraordinary achievement, one that shines a light to help us appreciate and understand our precariously balanced world.


Erasing the Invisible Hand

Erasing the Invisible Hand

Author: Warren J. Samuels

Publisher: Cambridge University Press

Published: 2014-04-14

Total Pages: 0

ISBN-13: 9781107613164

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This book examines the use, principally in economics, of the concept of the invisible hand, centering on Adam Smith. It interprets the concept as ideology, knowledge, and a linguistic phenomenon. It shows how the principal Chicago School interpretation misperceives and distorts what Smith believed on the economic role of government. The essays further show how Smith was silent as to his intended meaning, using the term to set minds at rest; how the claim that the invisible hand is the foundational concept of economics is repudiated by numerous leading economic theorists; that several dozen identities given the invisible hand renders the term ambiguous and inconclusive; that no such thing as an invisible hand exists; and that calling something an invisible hand adds nothing to knowledge. Finally, the essays show that the leading doctrines purporting to claim an invisible hand for the case for capitalism cannot invoke the term but that other nonnormative invisible hand processes are still useful tools.


Nobel Prize in Economic Sciences

Nobel Prize in Economic Sciences

Author: Fouad Sabry

Publisher: One Billion Knowledgeable

Published: 2024-04-02

Total Pages: 291

ISBN-13:

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What is Nobel Memorial Prize in Economic Sciences The Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is an economics award funded by Sveriges Riksbank and administered by the Nobel Foundation. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Nobel Memorial Prize in Economic Sciences Chapter 2: Nobel Prize Chapter 3: Daniel McFadden Chapter 4: Oliver E. Williamson Chapter 5: Chicago school of economics Chapter 6: Dale T. Mortensen Chapter 7: Antebellum South Chapter 8: MIT Department of Economics Chapter 9: Bengt Holmström Chapter 10: Robert B. Wilson Chapter 11: Roger Myerson Chapter 12: Robert Fogel Chapter 13: Economic history Chapter 14: Slavery in the United States Chapter 15: Cliometrics Chapter 16: Auxology Chapter 17: Committee for the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel Chapter 18: Douglas Diamond Chapter 19: Guido Imbens Chapter 20: 2022 Nobel Memorial Prize in Economic Sciences Chapter 21: 2019 Nobel Memorial Prize in Economic Sciences (II) Answering the public top questions about nobel memorial prize in economic sciences. (III) Real world examples for the usage of nobel memorial prize in economic sciences in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Nobel Memorial Prize in Economic Sciences.


Save More Tomorrow

Save More Tomorrow

Author: Shlomo Benartzi

Publisher: Penguin

Published: 2012-04-12

Total Pages: 288

ISBN-13: 110158033X

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One of the world’s top experts in behavioral finance offers innovative strategies for improving 401(k) plans. Half of Americans do not have access to a retirement saving plan at their workplace. Of those who do about a third fail to join. And those who do join tend to save too little and often make unwise investment decisions. In short, the 401(k) world is in crisis, and workers need help. Save More Tomorrow provides that help by focusing on the behavioral challenges that led to this crisis inertia, limited self-control, loss aversion, and myopia—and transforms them into behavioral solutions. These solutions, or tools, are based on cutting edge behavioral finance research and they can dramatically improve outcomes by, for example, helping employees: -Save, even if they aren’t ready to do so now, by using future enrollment. -Save more by showing them images of their future selves. -Save smarter by reshuffling the order of funds on the investment menu. Save More Tomorrow is the first comprehensive application of behavioral finance to improve retirement outcomes. It also makes it easy for plan sponsors and their advisers to apply these behavioral tools using its innovative Behavioral Audit process.