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2010Economics
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Business
H a r v a r d U n i v e r s i t y P r e s s
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Featured Titles..............................................2
Books for the Economic Crisis .....................6
International Economics...............................7Economic & Business History......................8
Political Economy.......................................12
Social Economics ........................................15
Law & Economics ......................................18
Textbooks for Course Use...........................20
History of Economic Thought...................21For Your Personal Library...........................22Index...........................................................22
Order Form.................................................23
table of contents
NE W
A FAI LU RE OF CAP ITALI SM
The Crisis of 08 and the Descent into Depression
RICHARD A. POSNER
The financial and economic crisis that began in 2008 is the most alarming of our
lifetime because of the warp-speed at which it is occurring. Richard Posner presentsa concise and non-technical examination of this mother of all financial disastersand of the, as yet, stumbling efforts to cope with it.
Lively, readable, and plainspokenPosner has an extraordinarily sharp mind.
ROBERT M. SOLOW, NEW YORK REVIEW OF BOOKS
A surprising volume that explains what happened to the banking system andeconomy in terms the lay reader can easily understand[Posners] critique isbracing, all the more so because it comes from a right-leaning thinker normallyhostile to the ministrations of government bureaucrats.
PAUL M. BARRETT, WASHINGTON POST BOOK WORLD
Before seeking political asylum in free-market Hong Kong, consider reading a new book thatcritiques what went wrong with capitalism, written in order to save it. Judge Richard PosnersA Failure of Capitalismis noteworthy. As a longtime University of Chicago professor and fatherof the free-market-based law-and-economics movement, Judge Posner makes an unlikely criticof capitalism. But as author of some 40 books and as the most frequently cited federal appealscourt jurist, he is also one of our most original and clearheaded thinkers.
L. GORDON CROVITZ, WALL STREET JOURNAL
2009 368 pp. Cloth $23.95 / 17.95 ISBN978-0-674-03514-0
NEW in paperbackTHE RAC E BE TW EEN EDUCATION AND TECHNOLOGY
CLAUDIA GOLDIN AND LAWRENCE F. KATZ
The Richard A. Lester Award for the Outstanding Bookin Industrial Relations and Labor Economics
R. R. Hawkins Award, Association of American Publishers
The American educational system has made America the richest nation in theworld. During the first eight decades of the twentieth century, the increase ofeducated workers was higher than the demand for them. This had the effect ofboosting income and lowering inequality. However, the reverse has been truesince 1980. The authors discuss the complex reasons for this, and what mightbe done to ameliorate it.
Essential reading.
THOMAS F. COOLEY, FORBES
One of the most important books of the year.
NICHOLAS D. KRISTOF, NEW YORK TIMES
[Goldin and Katz] tackle the most important U.S. economic trend, and, hence, most criticaldomestic issuegrowing income inequality[America] now has the most unequal income and
wage distributions of any high-income nationThe good news is that if Goldin and Katz areright, the cure for income inequality is one most Americans would intuitively support: improvingmass education.
CHRYSTIA FREELAND,FINANCIAL TIMES
Belknap 2009; 2008 51 line illus., 42 tables 496 pp.Cloth $39.95 / 29.95 ISBN978-0-674-02867-8 Paper $19.95 / 14.95 ISBN978-0-674-03530-0
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THE CREATION AND DESTRUCTION OF VAL UE
The Globalization Cycle
HAROLD JAMES
Harold James examines the vulnerability and fragility of processes of globalization,
both historically and in the present. This book applies lessons from past break-downs of globalizationabove all in the Great Depressionto show how financialcrises provoke backlashes against global integration: against the mobility of capitalor goods, but also against flows of migration. The book shows the looming psycho-logical and material consequences of an interconnected world for people and theinstitutions they create.
The reflections of Harold Jameswould be of interest even in times more tranquil than these. Butat a moment when the march of global integration has been stalled by a financial crisis unparalleledsince the 1930s, James is a particularly fitting guideAt a time when economists are accused of hav-ing forgotten history, yet few historians can explain the world of bank bail-outs and the turmoil theycause, James has a rare gift for being able to marshal an impressive knowledge of economic and finan-
cial history in order to highlight previously unrecognized connections with the past.THE ECONOMIST
From the current vantage pointrising stock prices amid a weak economic recovery and double-digitunemploymentit is too soon to know whether the current crisis will be remembered as a financialshock that failed to throw off the trajectory of globalization, or if it marks the start of a more funda-mental re-ordering. James modestly and appropriately avoids trying to answer that question. But heasks all the right ones, offering a brilliant tour through the Great Depression and the current crisis.
EDWARD ALDEN, FORBES.COM
No one is better qualified than Harold James to explore the similarities and differences between re-cent events and the early 1930s. A model of lucid exposition, The Creation and Destruction of Value
confirms that if you want to understand our current predicament, history is a much better guide thaneconomics.
NIALL FERGUSON, AUTHOR OF THE ASCENT OF MONEY
2009 7 figures 336 pp. Cloth $19.95 / 14.95 ISBN978-0-674-03584-3
NE W
THE IDEA OF JUSTICE
AMARTYA SEN
A New Statesman Top Ten Book of the Decade
An Economist Best Book of the Year
A Globe and Mail Best Book of the Year
In the courtliest of tones, Sen charges John Rawls, an American philosopherwho died in 2002, with sending political thinkers up a tortuous blind alleyThe Idea of Justiceserves also as a commanding summation of Sens own workon economic reasoning and on the elements and measurement of human
well-beingThe Idea of Justiceis a contribution of the highest rank.
THE ECONOMIST
In this intricate, endlessly thought-provoking book, Sen brings the full force of his formidable mindand his moral sense to show how specific questionsof chronic malnourishment, ill-health, demo-graphic gender imbalancemust be analysed in terms of justice. Doing something about them is not
a discretionary matterit is a requirement of being human. Sen is the most sophisticated intellectualcampaigner of our times.
SUNIL KHILNANI, FT.COM
[Sens] book quite radically attempts to shift the grounds of the conversation [about justice] altogether.It seeks to provide a counter-framework rather than a counter-theory. And this is only one of its manyadmirable ambitionsThe repudiation of the economicist account of life is one of this books most
valuable achievementsThe spectacle of an economist rejecting a purely economic understanding ofthe individual is delightful to beholdHis workin its simultaneous affirmation of the universal andthe particularserves as an eloquent and humane testimony to the power of reason.
MOSHE HALBERTAL, NEW REPUBLIC
Belknap 2009 496 pp. Cloth $29.95 / NA ISBN978-0-674-03613-0
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NE W
NATURA L EXPER IM ENT S OF HISTORY
EDITED BY JARED DIAMOND AND JAMES A. ROBINSON
This book consists of eight comparative studies drawn from history, archaeology,economics, economic history, geography, and political science. The studies covera spectrum of approaches, ranging from a non-quantitative narrative style in theearly chapters to quantitative statistical analyses in the later chapters. The societiesdiscussed are contemporary ones, literate societies of recent centuries, and non-literate past societies. Geographically, they include the United States, Mexico,Brazil, western Europe, tropical Africa, India, Siberia, Australia, New Zealand,and other Pacific islands.
A superb collection of eminently teachable essays bound together by a common methodologicalframework that connects it directly to cutting-edge theoretical and empirical research across thedisciplines of anthropology, archeology, history, political science, and sociology.
JOHN COATSWORTH, COLUMBIA UNIVERSITY
Natural Experiments of Historyreaches across a wide variety of disciplines, in ways that should beaccessible to just about every educated reader. It is tied together not by topic or region but by the ideathat we can make useful and insightful comparisons in ways that are not casual or sloppy, but actuallycontribute to our understanding of human life.
JEFFRY FRIEDEN, HARVARD UNIVERSITY
Belknap 2010 14 figures, 5 maps, 7 tables 288 pp. Cloth $29.95 / 22.95 ISBN978-0-674-03557-7
NE W
THE RETURN TO KEYNES
EDITED BY BRADLEY BATEMAN, TOSHIAKI HIRAI,AND MARIA CRISTINA MARCUZZO
Keynesian economics, which proposed that the government could use monetaryand fiscal policy to help the economy avoid the extremes of recession and inflation,held sway for thirty years after World War II. However, it was discredited after thestagflation of the 1970s, only to see a rebirth, most dramatically illustrated duringthe past year when central banks have pumped billions of dollars of liquidity intothe worlds financial system to address the crises of confidence, illiquidity, and
insolvency that were triggered by the sub-prime lending crisis.The Return to Keynesputs Keynesianeconomics in a fresh perspective in order to assess this surprising new era in economic policy making.
During the 1990s, John Maynard Keynes, and Keynesian economics, were declared to be well andtruly dead. Then came the financial and economic crises of 2008 and they were reborn as a way ofunderstanding economies with significant unemployment. This excellent collection of essays, broughttogether by three prominent scholars of Keynes and Keynesian policy, will be a convenient way forthose who have forgotten Keynesian economics to refresh themselves, and for others to learn for thefirst time.
CRAUFURD GOODWIN, DUKE UNIVERSITY
This fascinating collection of papers addresses the current status and relevance of Keynes from anumber of perspectives: the return of macroeconomic policy activism, the state of modern macro-economics, the recent scholarship of Keyness life and work, and some elements of Keyness work thatmight be relevant to the current crisis. The authors backgrounds are diverse and their scholarship
often cutting edge. A fine guide to the present state of play.D. E. MOGGRIDGE, UNIVERSITY OF TORONTO
Belknap 2010 15 figures, 1 table 284 pp. Cloth $49.95 / 36.95 ISBN978-0-674-03538-6
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TO SERVE GOD AND WAL-MART
The Making of Christian Free EnterpriseBETHANY MORETON
This extraordinary biography of Wal-Marts world shows how a Christian pro-business movement grew from the bottom up as well as the top down, bolsteringan economic vision that sanctifies corporate globalization.
Much of what we learn from Moretons bookraises serious doubts aboutwhether the corporations influence has been positive on balance. But in theprocess of describing the downside of Wal-Mart, [she] offers penetrating insights into why the chainhas been so phenomenally successfulMoreton offers a gracefully written and meticulously re-searched account of why people not only have been willing to work for the company, but often have
also developed fierce loyalty to it.ROBERT FRANK, NEW YORK TIMES BOOK REVIEW
An engaging account of how a discount five-and-dime store conceived in the rural American Ozarksbecame the template for service work in the global economy[Moreton offers] an explanation of theparadox that political pundits have pondered in recent years: why many middle Americans prioritizeconservative social issues ahead of government policies that would presumably be in their economicself-interest.
REBEKAH PEEPLES MASSENGILL,TIMES HIGHER EDUCATION
To Serve God and Wal-Martshould become a standard text in business history coursesInperforming a deliberate inversion of more conventional approaches to business history,To ServeGod and Wal-Martgreatly enriches our understanding of both Wal-Mart and the Sun Belt serviceeconomy.
ANGUS BURGIN, ENTERPRISE AND SOCIETY
2009 12 halftones, 1 map 392 pp. Cloth $27.95 / 20.95 ISBN978-0-674-03322-1
NE W
BETTERLIVING THROUGH ECONOMICS
EDITED BY JOHN J. SIEGFRIED
Economists were obviously instrumental in revising the consumer price indexand in devising auctions for allocating spectrum rights to cell phone providers inthe 1990s. But perhaps more surprisingly, economists built the foundation foreliminating the military draft in favor of an all-volunteer army in 1973, for pass-ing the Earned Income Tax Credit in 1975, for deregulating airlines in 1978,
for adopting the welfare-to-work reforms during the Clinton administration,and for implementing the Pension Reform Act of 2006 that allowed employersto automatically enroll employees in a 401(k).Better Living through Economicsconsists of twelve casestudies that demonstrate how economic research has improved economic and social conditions over thepast half century by influencing public policy decisions.
The contributors to this volume are in each case economists who have been in the forefront in apply-ing economic analysis in a policy setting. Their essays are concise, clear, and consistently written at alevel within the reach of undergraduate economics students. Each addresses an area of public policy in
which economic reasoning and research methods have been applied successfully to generate a policychange or refinement, leading to a large increase in welfare.
RICHARD CAVES, HARVARD UNIVERSITY
The contributions are uniformly excellent and written by top economists.
TYLER COWEN, MARGINALREVOLUTION.COM
2009 18 line illus., 7 tables 324 pp. Cloth $45.00 / 33.95 ISBN978-0-674-03618-5
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NEW in paperback
SURVIVING LAR GE LOSSES
Financial Crises, the Middle Class, andthe Development of Capital Markets
PHILIP T. HOFFMAN, GILLES POSTEL-VINAY,
AND JEAN-L AURENT ROSENTHALWe are reeling from the worst financial crisis in decades. But if we heed historyslessons, our financial meltdown will ultimately have beneficial consequences.Surviving Large Lossesshows how past crises have led to stronger financial institu-tions and even renewed growth.
[An] engaging small bookThe authors make a good case for the importanceof history, and the lessons from this brief book are clearer than most.
PETER TEMIN, JOURNAL OF INTERDISCIPLINARY HISTORY
A worthy companion to Kindlebergers [Manias, Panics, and Crashes: A History of Financial Crises],perhaps even an alternative to it.
DAVID WARSH, ECONOMICPRINCIPALS.COMA timely book. It is also provocative in trying to do something no one has done before, namelyprovide a comprehensive political economy analysis of several centuries of financial crises and theireffects on the development of financial systems.
RICHARD SYLLA, JOURNAL OF ECONOMIC HISTORY
The authors of this book, academics in the fields of history, social sciences, and economics, havedone more than write a history of financial crises; rather, they explain the nature of these crises byputting economic theory into plain English.
R. J. PHILLIPS, CHOICE
Belknap 2009; 2007 2 line illus., 1 table 272 pp.Paper $17.95 / 13.95 ISBN978-0-674-03636-9
ADAMS FAL LAC Y
A Guide to Economic Theology
DUNCAN K. FOLEY
Foley gets deep into the analytical content of major schools of thought,rankingAdams Fallacyup there with Heilbroners classic.
ROBERT SOLOW, NEW YORK REVIEW OF BOOKS
[A] passionate book, to be welcomed in a discipline notably devoid ofpassion. [Adams Fallacy] can be read for pleasure and enlightenment by
economists and non-economists alike.DAVID THROSBY, TIMES LITERARY SUPPLEMENT
Belknap 2008; 2006 7 line illus., 1 table 288 pp.Paper $17.95 / 14.95 ISBN978-0-674-02729-9
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Why Wages Do ntFall during aRecession
Truman F. Bewley
2002; 1999 24 line illus.,
104 tables 544 pp.Paper $31.50 / 23.95ISBN978-0-674-00943-1
The End ofGlobalization
Lessons from theGreat Depression
Harold James
2002; 2001 5 line illus.,8 tables 272 pp.Paper $23.50 / 17.95ISBN978-0-674-01007-9
Whe n Al l El se Fai ls
Government as the Ultimate Risk Manager
David A. Moss
Kulp-Wright Book Award,Sponsored by the American Risk
and Insurance Association, Inc.2004; 2002 4 line illus., 13 tables 464 pp.Paper $23.50 / 17.95 ISBN978-0-674-01609-5
B O O K S F O R T H E E C O N O M I C C R I S I S
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THE ORGANIZATION OFFIRMS IN AGLOBAL ECONOMY
EDITED BY ELHANAN HELPMAN,DALIA MARIN, AND THIERRY VERDIER
This is no ordinary conference volume. It is
an integral part of new and important devel-opments in research that is presently trans-forming the field of international trade.
HARRY FLAM,
STOCKHOLM UNIVERSITY
This outstanding volume will becomeessential reading for graduate-level coursesin international trade.
STEPHEN REDDING,
LONDON SCHOOL OF ECONOMICS
2008 44 line illus., 35 tables 368 pp.
Cloth $55.00 / 40.95 ISBN978-0-674-03081-7
BRAND NEWCHINA
Advertising, Media,and Commercial Culture
JING WANG
Brand New Chinauses the methodologyand perspectives of cultural analysis toproduce a detailed study of branding andadvertising in ChinaThe book is original,
well researched and based on a wide-rangingappreciation of both popular and literaryChinese culture.
DELIA DAVIN, TIMES HIGHEREDUCATION SUPPLEMENT
InBrand New China, Jing Wang usesChinese advertising as an optic through
which to scrutinize this tension betweenEastern and Western approaches to themarketHer book is a thoroughly enjoy-able and well-writtentour dhorizonofbranding and advertising strategy.
JOHN FEFFER, THE NATION
2009 12 halftones, 8 tables 432 pp.Cloth $28.95 / 21.95 ISBN978-0-674-02680-3Paper $18.95 / 14.95 ISBN978-0-674-04708-2
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NEW in paperback
CAP ITAL RULES
The Constructionof Global Finance
RAWI ABDELAL
The rise of global financial mar-kets in the last decades of thetwentieth century was premisedon the idea that capital ought toflow across borders with mini-mal restriction and regulation.Freedom for capital movementsbecame the new orthodoxy. Inan intellectual history of finan-cial globalization, Rawi Abdelalshows that this was not always
the case.[Abdelal] tells a fascinating(and largely unknown) tale:how a clutch of French social-ists helped to upend economicorthodoxy and lead the chargefor lifting restrictions on capi-tal flows within Europe andthroughout the worldThebook is a mix of accessiblepolitical history and counter-
intuitive insight, bringingto our attention one of themost important, and leastappreciated, developments inthe postwar global economy.
MATTHEW REES,
WALL STREET JOURNAL
Brilliant and authoritativeThis book deserves the widestgeneral audience.
ROBERT KUTTNER,
AME RICAN PRO SPECT2009; 2006 8 tables 320 pp.Cloth $55.50 / 41.95ISBN978-0-674-02369-7Paper $19.95 / 14.95ISBN978-0-674-03455-6
The Mystery ofEconomic Growth
Elhanan Helpman
Belknap 200428 line illus. 240 pp.Cloth $26.95 / 19.95 OIPISBN978-0-674-01572-2Paper $19.95 / 14.95 OISCISBN978-0-674-04605-4
The New Argonauts
Regional Advantage ina Global Economy
AnnaLee Saxenian
2007; 2006 1 halftone,
5 line illus., 1 table 432 pp.Paper $20.00 / 14.95ISBN978-0-674-02566-0
I N T E R N A T I O N A L E C O N O M I C S
Chinas New Order
Society, Politics, andEconomy in Transition
Wang Hui
Edited and translated by
Theodore HutersTranslated by Rebecca E. Karl
2006; 2003 256 pp.Paper $17.00 / 12.95ISBN978-0-674-02111-2
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COMMONWEALTH
MICHAEL HARDT AND ANTONIO NEGRI
WhenEmpireappeared in 2000, it defined the political and economic challengesof the era of globalization and, thrillingly, found in them possibilities for new and
more democratic forms of social organization. Now, withCommonwealth, MichaelHardt and Antonio Negri conclude the trilogy begun withEmpireand continuedinMultitude, proposing an ethics of freedom for living in our common world andarticulating a possible constitution for our common wealth.
Commonwealth[is] the latest book by Michael Hardt andAntonio Negri, whoseEmpireandMultitudehave, arguably, beenthe dominant works of political philosophy of the new century[Its] the much-anticipated final volume of the Empire trilogy.
ARTFORUM
Everyone seems to agree that our economic system is broken, yetthe debate about alternatives remains oppressively narrow. Hardt
and Negri explode this claustrophobic debate, taking readers tothe deepest roots of our current crises and proposing radical,and deeply human, solutions. There has never been a bettertime for this book.
NAOMI KLEIN,
AUTHO R OF THE SHOCK DOCTRINE
Belknap 2009 448 pp.Cloth $35.00 / 25.95 ISBN978-0-674-03511-9
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Empire
Michael Hardtand Antonio Negri
2001; 2000 504 pp.Paper $24.00 / 17.95
ISBN978-0-674-00671-3
NE W
SELLING SOUNDS
The Commercial Revolutionin American Music
DAVID SUISMAN
David SuismansSelling Soundsexplores the rise of music as bigbusiness and the creation of aradically new musical culture.It maps the growth of the musicbusiness across the social land-scapein homes, theaters, de-
partment stores, schoolsand analyzes the effect ofthis development on everything from copyright law tothe sensory environment. While music came to resem-ble other consumer goods, its distinct properties assound ensured that its commercial growth and socialimpact would remain unique.Selling Soundsrevealsthe commercial architecture of Americas musical life.
A fascinating, well-written, richly detailed storyof how music became a commodity in America
[Suismans] scholarship is amazingly wide-ranging.WILLIAM F. GAVIN, WASHINGTON TIMES
Virgins music emporium will soon become a thingof the past: Like so many other retail music stores oflate, it has announced that it is going out of business.The story ofSelling Sounds, then, is especially timely.
KEN EMERSON, WALL STREET JOURNAL
Suismantell[s] an alluring story.
GEORGE ANDERS, FORBES.COM
[A] meticulously researched history of [the music
industrys] early days.MARK ATHITAKIS, WASHINGTON POST
2009 41 halftones 368 pp.Cloth $29.95 / 22.95 ISBN978-0-674-03337-5
NE W
DAR KER THA N BLUE
On the Moral Economiesof Black Atlantic Culture
PAUL GILROY
Paul Gilroy seeks to awaken a new under-standing of W. E. B. Du Boiss intellectualand political legacy. At a time of economiccrisis, environmental degradation, ongoing
warfare, and heated debate over humanrights, Gilroy revitalizes the study of African
American culture, tracing the shifting charac-ter of black intellectual and social move-ments, and showing how we can construct anaccount of moral progress that reflects todayscomplex realities.
ProvocativeInsightfulRaise[s] pro-found questions about race, democracy, andcitizenship in the age of Obama.
PENIEL E. JOSEPH, BOOKFORUM
A shrewd and invigorating discussion
Gilroy demonstrates how understandingblack experience is crucial in any seriousstudy of modernity itself, at a time whenglobal capitalism trades evermore in Ameri-can-inflected styles of blackness, whilesimultaneously maintaining and reinforcinglines of racial and class subjugation[A]highly rewarding read for anyone interestedin the social and political significance of massculture or the historically laden language ofhuman rights in a postcolonial age.
PUBLISHERS WEEKLYBelknap / The W. E. B. Du Bois Lectures2009 224 pp.Cloth $22.95 / 16.95 ISBN978-0-674-03570-6
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THE GRAND STRATEGY OF THE BYZAN TI NE EMPIRE
EDWARD N. LUTTWAK
The Grand Strategy of the Byzantine Empireis a broad, interpretive account of Byzan-tine strategy, intelligence, and diplomacy over the course of eight centuries that will
appeal to scholars, classicists, military history buffs, and professional soldiers.This book is good history as well as being an insightful commentary on strat-egyLuttwak does an excellent job of describing the intelligence system of theEastern empire, from its tactical use of scouting and patrolling to its strategic useof spies and double agents in the courts of its enemiesLuttwak does a greatservice in giving us a readable account of how the Byzantines managed national-security strategy in a way that should be useful to contemporary soldiers andcivilian policymakers. It is also a very good read.
GARY ANDERSON, WASHINGTON TIMES
An impassioned bookHistorically remote as they are, the Byzantines mayhave something to teach Americans about long-term survival.
ERIC ORMSBY, WALL STREET JOURNAL
Belknap 2009 13 maps 512 pp. Cloth $35.00 / 25.95 ISBN978-0-674-03519-5
NEW
INDIAN WOR K
Language and Livelihood in Native American History
DANIEL H. USNER, JR.
Representations of Indian economic life have played an integral role in discoursesabout poverty, social policy, and cultural difference but have received surprisingly lit-tle attention. Daniel Usner dismantles ideological characterizations of Indian liveli-hood to reveal the intricacy of economic adaptations in American Indian history.
Officials, reformers, anthropologists, and artists produced images that exacerbatedIndians economic uncertainty and vulnerability. European American ideologies notonly obscured Indian struggles for survival but also operated as obstacles to their suc-cess. Indians repeatedly found themselves working in spaces that reinforced misrepre-sentation and exploitation. Taking advantage of narrow economic opportunitiesoften meant risking cultural integrity and personal dignity: while sales of basketsmade by Louisiana Indian women contributed to their identity and community, itencouraged white perceptions of passivity and dependence. When non-Indian con-sumption of Indian culture emerged in the early twentieth century, even this friend-lier market posed challenges to Indian labor and enterprise. The consequences of thisdilemma persist today.
2009 12 halftones 214 pp. Cloth $49.95 / 36.95 ISBN978-0-674-03349-8
NEW in paperback
SHAPING THE INDUSTRIAL CENTURY
The Remarkable Story of the Evolution ofthe Modern Chemical and Pharmaceutical Industries
ALFRED D. CHANDLER, JR.
The dean of business historians continues his masterful chronicle of the transforming revolutions ofthe twentieth century begun inInventing the Electronic Century. Alfred Chandler argues that only withconsistent attention to research and development and an emphasis on long-term corporate strategiescould firms remain successful over time. He details these processes for nearly every major chemical andpharmaceutical firm, demonstrating why some companies forged ahead while others failed.
Chandler does a remarkable job of covering the development of two industries that changed theworld in the twentieth century.
JOHN EMSLEY, TIMES HIGHER EDUCATION SUPPLEMENT
A dynamic demonstration of how strategy takes precedence over structure in determining theongoing success or failure of an industry that has reached its mature phase.
JOHN K. SMITH, JR., BUSINESS HISTORY REVIEW
Harvard Studies in Business History 2009; 2005 7 tables, 3 charts 384 pp.Cloth $29.95 / 22.95 ISBN978-0-674-01720-7Paper $21.95 / 16.95 ISBN978-0-674-03221-7
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A NATIO N OFCOUNTERFEITERS
Capitalists, Con Men, and theMaking of the United States
STEPHEN MIHM
Mihms creative account of theearly American economy shines,spotlighting the on-the-edgeinventiveness, and over-the-edgecons, that have made the UnitedStates so rich in risk, reward andredemption.
STEPHEN KOTKIN,
NEW YORK TIMES
A brilliant description of a timein American history that seemsat once distant and familiar.
STEVE FRASER,
THE NATION
2009; 2007 37 halftones 472 pp.Paper $18.95 / 14.95ISBN978-0-674-03244-6
DOMINANCEBYDESIGN
Technological Imperatives andAmericas Civilizing Mission
MICHAEL ADAS
An excellent and most timelystudy of the oft-forgotten role oftechnology in enabling and then
justifying European colonizationof North America, the westwardexpansion of the United States,and ultimately the emergence ofthe United States as a globalpower.
JOHN H. MORROW,
TECHNOLOGYAND CULTURE
Belknap 2009; 200518 halftones 480 pp.Paper $19.95 / 14.95ISBN978-0-674-03216-3
REPUBLICOF DEBTORS
Bankruptcy in theAge of AmericanIndependence
BRUCE H. MANN
SHEAR Prize of theSociety for Historians
of the Early AmericanRepublic
Littleton-GriswoldPrize of the AmericanHistorical Association
J. Willard Hurst Prize for theBest Book on the History ofAmerican Law and Society
[A] gripping account of beingin debt in the land of the free
Mann employs his considerabletalents to bring to life a worldwhere much that seems normaland logical to us now like a uni-fied currency, or the fact that
you cannot pay off a debt if youare stuck in jail was not. Mannsgenius is to explain in clear andhuman terms the legal and eco-nomic intricacies by which early
American creditors and debtorslived and died.
EVAN HAEFELI,
WASHINGTON TIMES
2009; 2002 1 halftone 358 pp.Paper $18.95 / 14.95ISBN978-0-674-03241-5
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NEW in paperback
PROPHET OF INNOVATION
Joseph Schumpeter and Creative Destruction
THOMAS K. MCCRAW
Hagley Prize in Business History
Joseph J. Spengler Best Book Award, History of Economics Society
Schumpeter Prize
A Spectator Best Read of the Year
A Library Journal Best Business Book of the Year
The destruction of businesses, fortunes, products, and careers is the price ofprogress toward a better material life. No one understood this economic principle
better than Joseph Schumpeter, who made his mark as the prophet of incessant change. This biographypaints the full portrait of a magnetic figure who aspired to become the worlds greatest economist, lover,and horsemanand admitted to failure only with the horses.
[Schumpeters] private life was no less fascinating than his public message. InProphet of Innovation,Thomas McCraw artfully weaves the two together.
DAN SELIGMAN, WALL STREET JOURNAL
McCraw doesnt get lost in the baroque details of Schumpeters storyhow many economists everfought a duel?or in the arcana of his theories, achieving a balance that his brilliant and restlesssubject rarely did in life.
NEW YORKER
Belknap 2009; 2007 68 halftones 736 pp.Cloth $35.00 / 25.95 ISBN978-0-674-02523-3 Paper $19.95 / 14.95 ISBN978-0-674-03481-5
E C O N O M I C & B U S I N E S S H I S T O R Y
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Killing for Coal
Americas Deadliest Labor War
Thomas G. Andrews
Bancroft Prize,Columbia University
Spence Award,Mining History Association
George Perkins Marsh Prize,
Best Book in EnvironmentalHistory, American Society forEnvironmental History
Vincent P. DeSantis Book Prize,Sponsored by the Society forHistorians of the Gilded Ageand Progressive Era
Colorado Book Award, History
Caroline Bancroft History Prize,Denver Public Library
Honorable Mention, Hundley
Prize, Awarded by the PacificCoast Branch of the AmericanHistorical Association
Finalist, Clements Prize,Awarded by the Clements Centerat SMU, Southwest History
Noteworthy Book in IndustrialRelations and Labor Economics,Industrial Relations Sectionof Princeton Firestone Library
2008 30 halftones, 4 maps 408 pp.Cloth $29.95 / 22.95
ISBN978-0-674-03101-2
A Hu nd red Ho rizons
The Indian Ocean in theAge of Global Empire
Sugata Bose
2009; 2006 22 halftones,1 map 352 pp.Paper $18.95 / 14.95 OIPISBN978-0-674-03219-4
Plantation Enterprise inColonial South Carolina
S. Max Edelson
George C. Rogers, Jr.,Book Award,South CarolinaHistorical Society
Theodore SaloutosMemorial Book Award,
The AgriculturalHistory Society
2006 6 halftones, 1 line illus.,5 maps, 15 tables 400 pp.Cloth $50.00 / 37.95ISBN978-0-674-02303-1
Ruling America
A History of Wealth andPower in a Democracy
Edited by Steve Fraser
and Gary Gerstle2005 384 pp.Paper $21.00 / 15.95ISBN978-0-674-01747-4
Rulers, Guns, and Money
The Global Arms Tradein the Age of Imperialism
Jonathan A. Grant
2007 5 tables 304 pp.Cloth $52.50 / 38.95
ISBN978-0-674-02442-7
Family Capitalism
Wendels, Haniels, Falcks, and theContinental European Model
Harold James
Belknap 2006 23 halftones,19 line illus., 3 maps, 3 tables 448 pp.Cloth $39.95 / 29.95ISBN978-0-674-02181-5
Pull
Networking and Success sinceBenjamin Franklin
Pamela Walker Laird
Harold F. Williamson Prize,Business History Conference
Hagley Prize in Business History,The Business History Conference
& The Hagley MuseumHarvard Studies in Business History2007; 2005 16 halftones 464 pp.Paper $20.00 / 14.95ISBN978-0-674-02553-0
A Cu lture of Cred it
Embedding Trust and Transparencyin American Business
Rowena Olegario
Harvard Studies in Business History
2006 288 pp.Cloth $44.50 / 32.95ISBN978-0-674-02340-6
Born Losers
A History of Failure in America
Scott A. Sandage
Thomas J. Wilson Prize
2006; 2004 30 halftones 384 pp.Paper $19.00 / 14.95ISBN978-0-674-02107-5
Made to Break
Technology and Obsolescencein America
Giles Slade
Independent PublisherBook Award,Environment/Ecology/Nature
2007; 2006 336 pp.Paper $17.00 / 12.95ISBN978-0-674-02572-1
E C O N O M I C & B U S I N E S S H I S T O R Y
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NEW in paperback
STARVED FORSCIENCE
How Biotechnology Is Being Kept Out of Africa
ROBERT PAARLBERG
Foreword by Norman Borlaug and Jimmy Carter
InStarved for ScienceRobert Paarlberg explains why poor African farmers are de-nied access to productive technologies, particularly genetically engineered seeds
with improved resistance to insects and drought. He traces this obstacle to the cur-rent opposition to farm science in prosperous countries. Having embraced agricul-tural science to become well-fed themselves, those in wealthy countries are nowinstructing Africans on the most dubious grounds not to do the same.
Europeans, who have so much food they do not need the help of science tomake more, are pushing their prejudices on Africa, which still relies on foreignaid to feed its people. [Paarlberg] calls on global policymakers to renew invest-ment in agricultural science and to stop imposing visions of organic food purityon a continent that has never had a green revolution. As governments lookfor ways of tackling what is now commonly called a global food crisis withunprecedented price increases in basic foodstuffs, this book offers welcomefood for thought.
JENNY WIGGINS, FINANCIAL TIMES
2009; 2008 3 halftones, 1 line illus., 2 tables 256 pp.Paper $16.95 / 12.95 ISBN978-0-674-03347-4
NEW in paperback
A GOVERNMENT ILL EXEC UTED
The Decline of the Federal Service and How to Reverse ItPAUL LIGHT
Foreword by Paul A. Volcker
Everyone running for Congress should read this book. If our political leaders donot confront this pattern of desperate concern, says this sober scholar, they arelikely to preside over a string of meltdowns that will make the federal response toHurricane Katrina look like a minor mistake.
BILL MOYERS, BILL MOYERS JOURNAL
This book provides an important contribution to the literature on federal per-sonnel, and it should be required reading among scholars who study the federal
bureaucracy, the U.S. presidency, and public administration.A. L. WARBER, CHOICE
2009; 2008 27 tables 288 pp.Cloth $45.00 / 33.95 ISBN978-0-674-02808-1Paper $18.95 / 14.95 ISBN978-0-674-03478-5
NEW in paperback
WORST-CASE SCENARIOS
CASS R. SUNSTEIN
Nuclear bombs in suitcases, anthrax bacilli in ventilators, tsunamis, avian flu: nightmares that were once
the plot of Hollywood movies are now frighteningly real possibilities. How can we steer a path betweenwillful inaction and reckless overreaction? Cass Sunstein explores how we might best prevent these andother worst-case scenarios in this vivid and illuminating analysis.
Sunsteins book is best when he discusses how we weigh up the costs of protecting ourselves againstthe benefits of doing so. Many object to cost-benefit analysis, regarding it as cold and mechanical,particularly the placing of monetary value on human lives. Sunstein accepts it is a rough instrument,but he argues that many of us implicitly use it.
MICHAEL SKAPINKER, FINANCIAL TIMES
Sunstein writes engagingly, though in a way that scolds us a little for our irrational foibles; and hecan illuminate very complex areas of rational choice theoryso that intelligent thought about deci-
sion-making in conditions of uncertainty is brought within reach of the sort of non-specialist readerwho is likely to have a practical or political interest in these matters.
JEREMY WALDRON, LONDON REVIEW OF BOOKS
2009; 2007 13 tables 352 pp. Paper $18.95 / 14.95 ISBN978-0-674-03251-4
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INSTITUTIONS ANDECONOMIC PERFORMANCE
EDITED BY ELHANAN HELPMAN
Why are some societies but not others able to encourage investments inplaces, people, and productivity? This book delivers a powerful message that
the answer lies in large part in institutional differences across societies. It isthe most successful interdisciplinary endeavor in the social sciences that Ihave ever had the pleasure to read.
DANIEL TREFLER, UNIVERSITY OF TORONTO
A first-rate book that bridges theory, history, and empirical analysis.
NATHAN SUSSMAN, HEBREW UNIVERSITY
2008 50 line illus., 59 tables 624 pp. Cloth $55.00 / 40.95 ISBN978-0-674-03077-0
WHY THE GAR DE N CLU BCOULDNT SAVE YOUNGSTOWN
The Transformation of the Rust Belt
SEAN SAFFORD
This extraordinary look inside the fates of two down-and-out Rust Beltcitieshow one came back from decline and the other went into a deathspiralhas lessons for cities everywhere. It challenges the benefits of being atight-knit community and shows, instead, that the people who bridge andconnect among a citys networks prove most valuable. So who are your citysconnectors? If you dont know, youd better find out.
CAROL COLETTA, PRESIDENT AND CEO, CEOS FOR CITIES
A fascinating studyWhy the Garden Club Couldnt Save Youngstownhas important lessons for scholars and policymakers interested in economicadaptation.
ANNALEE SAXENIAN, AUTHOR OF THE NEW ARGONAUTS
2008 16 line illus., 20 tables 224 pp. Cloth $29.95 / 22.95 ISBN978-0-674-03176-0
CAP ITALI STS , WORKERS,AN D FISCAL POLICY
A Classical Model of Growth and Distribution
THOMAS R. MICHL
Drawing on the work of the classical-Marxian economists and their modern suc-cessors,Capitalists, Workers, and Fiscal Policysets forth a new model of economicgrowth and distribution, and applies it to two major policy issues: public debt andsocial security.
A chief message of the book is that fiscal debt redistributes wealth in favor ofthe already wealthy and thus increases the polarization of society between richand poor. An original and thought-provoking treatise.
HEINZ D. KURZ, UNIVERSITY OF GRAZ
2008 50 line illus., 13 tables 320 pp. Cloth $55.00 / 40.95 ISBN978-0-674-03167-8
THE ORIGINS OF EUROPE SNEWSTOCKMAR KET S
ELLIOT POSNER
An excellent book about the evolution of equity markets in Europe and aremarkable wave of institutional innovation during the late 1990s and early
years of the new century.
RAWI ABDELAL, AUTHOR OF CAPITAL RULES
A wonderful book. Posner provides a pathbreaking account of the astoundingtransformation that is occurring in the realm of private finance in the European Union.
KATHLEEN R. MCNAMARA, AUTHOR OFTHE CURRENCY OF IDEAS
2008 3 line illus., 3 tables 264 pp. Cloth $45.00 / 33.95 ISBN978-0-674-03171-5
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GoverningNonprofitOrganizations
Federal and StateLaw and Regulation
Marion R.Fremont-Smith
Outstanding Bookin Nonprofit and
Voluntary ActionResearch Prize,Association forResearch onNonprofitOrganizations& Voluntary Action
Second Place,Virginia HodgkinsonResearch Prize,Sponsored byIndependent Sector
Belknap 2008; 2004
5 tables 570 pp.Paper $45.00 / 33.95ISBN978-0-674-03045-9
Am er ic anAg ricu lture in th eTwentieth Century
How It Flourishedand What It Cost
Bruce L. Gardner
Quality ofCommunicationAward, Sponsoredby the AmericanAgricultural EconomicsAssociation
2006; 2002 81 line illus.,32 tables 400 pp.Paper $31.00 / 22.95ISBN978-0-674-01989-8
RegulatingInfrastructure
Monopoly, Contracts,and Discretion
Jos A. Gmez-Ibez
2006; 2003 7 line illus.,29 tables 448 pp.Paper $30.00 / 22.95ISBN978-0-674-02238-6
The Business ofLobbying in China
Scott Kennedy
2008; 2004 14 tables,1 line illus. 278 pp.Paper $19.95 / 14.95ISBN978-0-674-02744-2
InnovationThe MissingDimension
Richard K. Lester
and Michael J. Piore
2006; 20041 line illus. 240 pp.Paper $18.00 / 13.95ISBN978-0-674-01994-2
The Stateafte r Stat is m
New State Activities inthe Age of Liberalization
Edited by Jonah Levy
2006 6 line illus.,6 tables 488 pp.Paper $28.00 / 20.95ISBN978-0-674-02277-5
The Dismal Science
How Thinking Like anEconomist UnderminesCommunity
Stephen A. Marglin
2007 1 table 376 pp.Paper $22.95 / 16.95 OISCISBN978-0-674-04722-8
Rewarding Work
How to RestoreParticipation and Self-Support to Free Enterprise,with a New Preface
Edmund S. Phelps
Edmund S. Phelps isWinner of the NobelPrize in Economics
2007 1 table 208 pp.Paper $19.00 / 14.95ISBN978-0-674-02694-0
PoliticalCompetition
Theory and Applications
John E. Roemer
2006; 2001 46 line illus.,22 tables 352 pp.Paper $22.50 / 16.95ISBN978-0-674-02105-1
Racism,Xe no phob ia ,an dDistribution
Multi-Issue Politicsin AdvancedDemocracies
John E. Roemer,Woojin Lee, and
Karine Van derStraeten
Russell Sage Foundation2007 59 line illus.,99 tables 432 pp.Cloth $73.50 / 54.95ISBN978-0-674-02495-3
Strategies ofCommitment andOther Essays
Thomas C. Schelling
Thomas C. Schellingis Co-Recipient ofthe Nobel Prize inEconomics
2007; 200632 line illus. 360 pp.Paper $21.00 / 15.95ISBN978-0-674-02567-7
Choice andConsequence
Thomas C. Schelling Thomas C. Schelling
is Co-Recipient ofthe Nobel Prize inEconomics
1985 9 line illus. 379 pp.Paper $28.00 / 20.95ISBN978-0-674-12771-5
The Tyrannyof the Market
Why You Cant AlwaysGet What You Want
Joel Waldfogel
2007 5 line illus.,6 tables 216 pp.Cloth $37.00 / 27.95ISBN978-0-674-02581-3
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NEW
BIOLOGYIS TECHNOLOGY
The Promise, Peril, and New Business of Engineering Life
ROBERT H. CARLSON
Technology is a process and a body of knowledge as much as a collection of arti-
facts. Biology is no differentand we are just beginning to comprehend the chal-lenges inherent in the next stage of biology as a human technology. It is this criticalmoment, with its wide-ranging implications, that Robert Carlson considers inBiology Is Technology. He offers a uniquely informed perspective on the endeavorsthat contribute to current progress in this areathe science of biological systemsand the technology used to manipulate them.
Since Rob Carlson istheauthoritative tracker of progress in biotech, this bookis the most completeand excitingchronicle of the technological revolutionthat promises to dominate this century.
STEWART BRAND, AUTHOR OF WHOLE EARTH DISCIPLINE
Biology is Technologymakes a tremendous contribution to public analysis of avery important emerging field.
ARTI K. RAI, DUKE LAW SCHOOL
Carlson clearly frames a fresh future for biotechnology. Each chapter, fromtechnology trends to property rights and biosecurity conundrums, invites closereading and vibrant discussion.
DREW ENDY, STANFORD BIOENGINEERING
& THE BIOBRICKS FOUNDATION
2009 19 line illus., 7 tables 288 pp. Cloth $39.95 / 29.95 ISBN978-0-674-03544-7
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TOTAL CURE
The Antidote to theHealth Care Crisis
HAROLD S. LUFT
In America, we pay more thanany other country does forhealth care that has inconsis-tent quality, leaves millionsuninsured, and wastes billions
of dollars on unnecessary careand administration. InTotalCure, Hal Luft recognizes that changingthe payment system must be the foundationfor any real health reform.
PETER V. LEE, EXECUTIVE DIRECTOR,
NATIONAL HEALTH POLICY,
PACIFIC BUSINESS GROUP ON HEALTH
Luft has written a sober, thoughtful volumeIt may also prove very influential.
DAVID GRATZER, FORBES
Some readers not versed in health policy mayfindTotal Curechallenging. It rewards the effort,however, by providing both an important newhealth care reform option and an illuminatingtutorial on the issues at stake.
SAMUEL Y. SESSIONS, JOURNAL OF THEAME RICAN MED ICA L ASSOCI ATION
LuftsTotal Cureis just what the policy doctorson Capitol Hill will need: a wise, postpartisan,durable shop manual for how to make health
reform actually happen in our time.J. D. KLEINKE, HEALTH AFFAIRS
2008 7 line illus., 2 tables 336 pp.Cloth $27.95 / 20.95 ISBN978-0-674-03210-1
NEW in paperback
DOE S ETHICS HAVE ACHANCEIN AWORLD OF CONSUMERS?
ZYGMUNT BAUMAN
Zygmunt Bauman, one of the most admiredsocial thinkers of our time, seeks to liberateus from the thinking that renders us hope-less in the face of our own domineering gov-ernments and threats from unknown forcesabroad. Gracefully, provocatively, Baumanurges us to think in new ways about a newlyflexible, newly challenging modern world.
As Bauman notes, quoting Vaclav Havel,hope is not a prognostication. It is, along-side courage and will, a mundane, common
weapon that is too seldom used.
Zygmunt Baumans voice is as exemplaryas it is powerfulThis is a very importantcollection by one of the leading thinkers ofour time.
RON EYERMAN,
YALE UNIVER SIT Y
This thoughtful and elegant little bookby one of the worlds most humble but dis-tinguished intellectuals conveys a sense thatthe wisdom of a lifetime is being distilledhere in a pithy but above all in a usableform.
PAUL GILROY,
LONDON SCHOOL OF CONOMICS
Institute for Human Sciences Vienna Lecture Series2009; 2008 288 pp.Paper $17.95 / 13.95 ISBN978-0-674-03351-1
S O C I A L E C O N O M I C S
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VAL UI NG CHILDREN
Rethinking the Economics of the Family
NANCY FOLBRE
[A] capstone workFolbre systematically addresses questions surrounding
the value of children. Although some answers will not surprise, her unpackingof time, goods, and federal and state program costs and benefits both informsand provokes new thinking. The critical question is, who should pay for kids?The payees and benefit claimants are parents, earlier and subsequent familialgenerations, children themselves, and society via its government. What shouldhold these disparate groups together, Folbre implores, is the notion of moralobligation. Would that her vision becomes reality.
D. J. CONGER, CHOICE
An excellent analysis of economics and family policy. Folbre develops a newway of thinking about the economics of child rearing, that of treating childrenas an investment rather than a consumption good. Although Folbre characterizes
her approach as institutional economics, she has really added to a wide varietyof economic fields beyond that.
SHEILA KAMERMAN,
COLUMBIA UNIVERSITY SCHOOL OF SOCIAL WORK
The Family and Public Policy 2010; 2007 7 line illus., 14 tables 248 pp.Paper $21.95 / 16.95 ISBN978-0-674-04727-3
BEIJING TIM E
MICHAEL DUTTON, HSIU-JU STACY LO, AND DONG DONG WU
A fascinating cultural mapping of modern Beijing. Here are ring roads that
resemble successive reworkings of the old city wall; here is the district forsaw-gash CDs (imperfect discs dumped by western record labels on the Chinese market), wherethe young bob for Sex Pistols albumsThe book is a useful street-level corrective to received ideas.In particular, its interviews with citizensare wonderfully humane.
STEVEN POOLE, THE GUARDIAN
2008 73 halftones, 4 maps 288 pp.Cloth $26.95 / 19.95 ISBN978-0-674-02789-3 Paper $17.95 / 13.95 ISBN978-0-674-04734-1
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CreativeIndustries
Contracts betweenArt and Commerce
Richard E. Caves
2002; 2000 464 pp.Paper $27.00 / 19.95
ISBN978-0-674-00808-3
Making Good
How Young PeopleCope with MoralDilemmas at Work
Wendy Fischman,Becca Solomon,Deborah Schutte,
and HowardGardner
2005; 2003 3 line illus.,1 table 224 pp.Paper $18.50 / 13.95ISBN978-0-674-01830-3
Investingin College
A Guide forthe Perplexed
Malcolm Getz
2008; 2007 2 line illus.,6 tables 304 pp.
Paper $15.95 / 11.95ISBN978-0-674-03046-6
Welfar e Re fo rm
Effects of a Decadeof Change
Jeffrey Groggerand Lynn A. Karoly
A RAND CorporationStudy 2005
45 line illus.,27 tables 352 pp.Cloth $57.50 / 42.95ISBN978-0-674-01891-4
S O C I A L E C O N O M I C S
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NEW in paperback
WHAT CHILDREN NEED
JANE WALDFOGEL
Emphasizing the importance of parental choice, quality of care, and work opportu-nities, economist Jane Waldfogel guides readers through a maze of social science
research evidence to offer comprehensive answers and a vision for change. Drawingon the evidence, Waldfogel proposes a bold new plan to better meet the needs ofchildren in working families, from birth through adolescence, while respecting thecore values of choice, quality, and work.
What Children Needis an impressive, thought-provoking synthesis of informa-tion and ideas for designing social policy to support the healthy development ofchildren living in an industrialized world.
LISA GENNETIAN,
INDUSTRIAL AND LABOR RELATIONS REVIEW
[Waldfogels] analysis is written from an American perspective, and most of herstatistics refer to the United States, but the issues and her discussion of them
transcend national boundaries.GERALD HAIGH,TIMES EDUCATIONAL SUPPLEMENT
The Family and Public Policy 2010; 2006 12 tables 278 pp.Paper $19.95 / 14.95 ISBN978-0-674-04640-5
TAP PI NG TH E RICHES OF SCIENCE
Universities and the Promise of Economic Growth
ROGER L. GEIGER AND CRESO M. S
[The authors] provide an excellent discussion of how economic relevance has
become a central element in the mission of major universities throughout thecountry. In doing so, [Geiger and S] catalog the changes in federal funding, state policy, anduniversity organization that have substantially altered the context for scientific research in thepast three decadesAnyone involved or interested in higher education management, sciencepolicy, or economic development will find much of value here.
J. L. ROSENBLOOM,CHOICE
2008 1 line art, 11 tables 262 pp.Cloth $39.95 / 29.95 ISBN978-0-674-03128-9
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Fairnessve rs us Welfar e
Louis Kaplow andSteven Shavell
2006; 2001 576 pp.Paper $49.95 / 36.95ISBN978-0-674-02364-2
Chutes andLadders
Navigating the Low-Wage Labor Market
Katherine S.Newman
Russell Sage Foundation
2008; 200616 line illus.,37 tables 432 pp.Paper $19.95 / 14.95ISBN978-0-674-02753-4
Off the Books
The Underground Economyof the Urban Poor
Sudhir AlladiVenkatesh
C. Wright MillsAward, Sponsored by
The Society for theStudy of SocialProblems
2008; 2006 448 pp.Paper $17.95 / 13.95ISBN978-0-674-03071-8
The New Americans
A Guide to Immigrationsince 1965
Edited byMary C. Watersand Reed Ueda
With Helen B. Marrow
Harvard University PressReference Library 20061 map, 106 tables 736 pp.Cloth $45.00 / 33.95ISBN978-0-674-02357-4
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THE LIABILITYCENTURY
Insurance and Tort Law from the Progressive Era to 9/11
KENNETH S. ABRAHAM
[A] seminal book on tort liability and insurance systems. [Abraham]systematically outlines the interdependency of the tort liability system
and the insurance industry in the U.S. during the 20th century, includingthe impact of September 11, 2001.
R. A. CARP, CHOICE
In demonstrating the complex interactions between tort and insurance,The Liability Centurymakes an important contribution to our understandingof two reciprocally-related and very important institutions in our legallandscape.
JAMES A. HENDERSON, JR., CORNELL LAW SCHOOL
2008 288 pp. Cloth $45.00 / 33.95 ISBN978-0-674-02768-8
INNOVATION CORRUPTEDThe Origins and Legacy of Enrons Collapse
MALCOLM SALTER
A superb book.Innovation Corruptedprovides the deepest analysis yet ofthe collapse of Enron. Its essential reading for anyone who wants to under-stand why success without an ethical foundation leads to disaster.
BILL GEORGE, AUTHOR OF TRUE NORTH
Salter goes beyond previous books by proposing practical recommendations(regarding board oversight, financial incentives, and the maintenance of ethicaldiscipline) for preventing future disasters. Salter has produced a very readable,
comprehensive analysis of the social pathologies and administrative failures thatled to Enrons implosion.
D. C. DALY, CHOICE
2008 10 line illus., 16 tables 544 pp.Cloth $35.00 / 25.95 ISBN978-0-674-02825-8
INSTITUTIONAL FOUNDATIONS OF PUBLIC FINANCE
Economic and Legal Perspectives
EDITED BY ALAN J. AUERBACH AND DANIEL N. SHAVIRO
Dealing with fiscal language, fiscal federalism, corporate finance, and thechoice between income and consumption taxation, this volume is a gem.
ROSANNE ALTSHULER, RUTGERS UNIVERSITY
An easily accessible, first-rate introduction to the big issues in tax policy.
JOSEPH BANKMAN, STANFORD LAW SCHOOL
2008 1 graph, 3 tables, 1 halftone 296 pp.Cloth $49.95 / 36.95 ISBN978-0-674-03097-8
THE ECONOMIC STRUCTURE OF INTERNATIONALLAW
JOEL P. TRACHT MAN
Neither political scientists nor economists have known enough about law toshow how a rational institutional analysis would relate to various technical rulesand specific practices of international law, as Trachtman does. It is impressivethat Trachtman, who is thoroughly learned in the law, is also highly competentin the relevant portions of economics and political science. The EconomicStructure of International Lawshould help to set a standard for the systematicuse of social science in the analysis of international law.
ROBERT O. KEOHANE,JOURNAL OF ECONOMIC LITERATURE
2008 3 line illus., 9 tables 368 pp. Cloth $55.00 / 40.95 ISBN978-0-674-03098-5
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BIOBAZAAR
The Open Source Revolution and Biotechnology
JANET HOPE
Finalist, Independent Publisher Book Awards, Science
[A] rigorous, closely reasoned book. Referencing Thomas Kuhns ground-
breaking volume,The Structure of Scientific Revolutions, Hope takes a hardlook at intellectual property law, which currently protects monopolisticcorporations right to inflate prices for life-saving drugs or life-sustainingnew crops. Sensing a paradigm shift in the values underpinning life sciencesresearch, Hope seeks to readdress these policies by applying the model ofopen-source software to the biotech field.
PUBLISHERS WEEKLY
2007 448 pp. Cloth $27.95 / 20.95 ISBN978-0-674-02635-3
19
New Foundations ofCost-Benefit Analysis
Matthew D. Adler andEric A. Posner
2006 7 line illus., 4 tables 256 pp.Cloth $55.50 / 41.95ISBN978-0-674-02279-9
Pay without Performance
The Unfulfilled Promiseof Executive Compensation
Lucian Bebchukand Jesse Fried
2006; 2004 304 pp.Paper $21.00 / 15.95ISBN978-0-674-02228-7
Framing Contract Law
An Economic Perspective
Victor Goldberg
2006 5 tables 424 pp.Cloth $72.00 / 53.95ISBN978-0-674-02312-3
The Antitrust Enterprise
Principle and ExecutionHerbert Hovenkamp
2008; 2005 5 line illus. 376 pp.Paper $24.95 / 18.95ISBN978-0-674-02741-1
The EconomicStructure of
IntellectualProperty Law
William M. Landesand Richard A. Posner
Belknap 2003 23 line illus., 9 tables448 pp. Cloth $54.50 / 40.95ISBN978-0-674-01204-2
Beyond Winning
Negotiating to Create Valuein Deals and Disputes
Robert H. Mnookin,Scott R. Peppet, andAndrew S. Tulumello
Honorable Mention,Professional/ScholarlyPublishing Annual Awardof the Association ofAmerican Publishers,Business/Management/Accounting
Belknap 2004; 200015 line illus. 368 pp.Paper $23.00 / 17.95ISBN978-0-674-01231-8
Negotiation Analysis
The Science and Art ofCollaborative Decision Making
Howard Raiffawith John Richardsonand David Metcalfe
Center for Public ResourcesAward for Excellence inAlternate Dispute Resolution,Outstanding Book
Belknap 2007; 200298 line illus., 91 tables 576 pp.Paper $31.00 / 22.95 OIP
ISBN978-0-674-02414-4
Economic Analysisof Accident Law
Steven Shavell
2007; 1987 8 line illus.,13 tables 320 pp.Paper $31.50 / 23.95ISBN978-0-674-02417-5
Foundations ofEconomic Analysisof Law
Steven Shavell
Belknap 2003 11 tables 768 pp.Cloth $80.50 / 59.95ISBN978-0-674-01155-7
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textbooks for course use
General Equilibrium,Overlapping GenerationsModels, and OptimalGrowth Theory
Truman F. Bewley
2006 138 line illus. 624 pp.Cloth $72.00 / 53.95ISBN978-0-674-02288-1
Estimating Howthe Macroeconomy Works
Ray Fair
2004 19 line illus.,42 tables 314 pp.Cloth $77.00 / 57.95ISBN978-0-674-01546-3
The ABCs of RBCs
An Introduction to DynamicMacroeconomic Models
George McCandless
2008 78 line illus.,27 tables 448 pp.Cloth $59.95 / 44.95ISBN978-0-674-02814-2
Identification forPrediction and Decision
Charles F. Manski
2007 2 line illus., 7 tables 368 pp.Cloth $58.00 / 42.95ISBN978-0-674-02653-7
Game TheoryAnalysis of Conflict
Roger B. Myerson
Roger B. Myersonis Winner of theNobel Memorial Prizein Economic Science
1997; 1991 42 line illus.29 tables 600 pp.Paper $35.00 / 25.95 OISCISBN978-0-674-34116-6
City Economics
Brendan OFlaherty
2005 53 line illus. 608 pp.Cloth $69.00 / 51.95ISBN978-0-674-01918-8
Reconstructing
MacroeconomicsStructuralist Proposals andCritiques of the Mainstream
Lance Taylor
2003 64 line illus.,29 tables 456 pp.Cloth $72.50 / 53.95ISBN978-0-674-01073-4
Income, Wealth, andthe Maximum Principle
Martin L. Weitzman2007; 2003 4 line illus. 358 pp.Paper $27.50 / 20.95ISBN978-0-674-02576-9
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T E X T B O O K S F O R C O U R S E U S E
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A Sh ort Hi story of Dist ri buti ve Ju st ic e
Samuel Fleischacker
A Choice Magazine Outstanding Academic Title
2005; 2004 204 pp.Paper $19.50 / 14.95 ISBN978-0-674-01831-0
NEW
THE ROAD FROMMON T PLERIN
The Making of the NeoliberalThought Collective
EDITED BY PHILIP MIROWSKIAND DIE TER PLEHWE
What exactly is neoliberalism, andwhere did it come from? This vol-ume attempts to answer these ques-tions by exploring neoliberalismsorigins and growth as a political andeconomic movement.The Road
from Mont Plerin presents the keydebates and conflicts that occurredamong neo-liberal scholars and
their political and corporate alliesregarding trade unions, develop-ment economics, antitrust policies,and the influence of philanthropy.
The Road from Mont Plerinuncoversand lays bare the origins of one of themost important political phenomenaof our timethe development of theneoliberal discourse coalition that hascome to shape the modern politicaleconomy.
FRANK FISCHER,RUTGERS UNIVERSITY
A fascinating and important book,one that speaks in radical, perceptive,and provocative ways to contemporarydebates around neoliberalism.
JAMIE PECK,
UNIVERSITY OF
BRITISH COLUMBIA
This excellent book contributessignificantly to our understandingof the origins of neoliberalism andits transformation into politicaldiscourse and policy.
STEVEN LUKES,
NEW YORK UNIVERSITY
2009 1 line illus., 5 tables 480 pp.Cloth $55.00 / 40.95ISBN978-0-674-03318-4
NEW in paperback
JEALOUSY OF TRADE
International Competition and theNation-State in Historical Perspective
ISTVAN HONT
J. David Greenstone Book Prize,Awarded by the Politics andHistory Section of the APSA
Joseph J. Spengler Best BookAward, Sponsored by theHistory of Economics Society
[A] major new studyJealousy ofTradeis a collection of pioneeringessays in the history of political andeconomic thought, focused on aperiod extending from the seven-
teenth to the nineteenth centuriesHont presents his argument with anabsorbing combination of scholarlyerudition and analytical force. Buthis project remains a deliberatelyhistorical one. Its aim is to rewritethe history of modern liberalism,beginning with its foundationsIt isa landmark contribution to its field.
RICHARD BOURKE,
TIMES LITERARY
SUPPLEMENT
Belknap 2010; 20058 line illus. 560 pp.Cloth $57.50 / 42.95ISBN978-0-674-01038-3Paper $23.95 / 17.95ISBN978-0-674-05577-3
FRE E RIDING
RICHARD TUCK
This is a hugely interesting bookthat will almost certainly start acontroversy. It addresses some of the
widest assumptions in contemporary economic andsocial thought and calls them into question; and itprovides a very illuminating history of the appearanceof those assumptions.
PHILIP PETTIT, PRINCETON UNIVERSITY
Original, full of good ideas and insights, Richard TucksFree Ridingcould initiate an important debate about the
least human of the human sciences.JOHN FEREJOHN,STANFORD UNIVERSITY
2008 7 line illus. 232 pp.Cloth $35.00 / 25.95ISBN978-0-674-02834-0
H I S T O R Y O F E C O N O M I C T H O U G H T
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NEW
THE THIRTYYEARS WAR
Europes Tragedy
PETER H. WILSON
Runner-up,Atlantic Booksof the Year
An IndependentBest History Book
of the YearA history of prodigious erudition that manages tocorral the byzantine complexity of the Thirty Years
War into a coherent narrative. It also offers a brac-ingly novel interpretation. Historians typically por-tray the Thirty Years War as the last and goriest ofEuropes religious warsa final bonfire of thezealots before the cooler age of enlightened state-craft. Wilson severely qualifies this conventional
wisdom. It turns out that the quintessential war ofreligion was scarcely one at allWilsons masterful
account of the Thirty Years War is a reminder thatwar, and peace, are almost never the offspring ofconviction alone.
JEFFREY COLLINS, WALL STREET JOURNAL
Belknap 2009 8 color illus., 8 halftones, 22 maps1040 pp. Cloth $35.00 / USA ISBN978-0-674-03634-5
NEW
AMERICANHOMICIDE
RANDOLPH ROTH
Randolph Roth tracesthe history of our mur-dering ways throughthe lens of our feelingsabout those in powerRoth argues thathow we see ourselves
in relation to our governmentfringe movementor ruling party, patronized or disenfranchisedis atthe heart of many decisions to take another lifeIfan individual feels secure in his social standing, itseasier to get over lifes disappointments. But for aperson who feels alienated from the AmericanDream, the tiniest offense can provoke a murderousrageLooking at the fluctuating homicide rate at
various times in our history, Roth tracks the histori-cal consequences of shifting powerRoths bookalso offers a warning about our volatile political
rhetoric. Words can have real-life, even violent, con-sequences.American Homicideis a vivid reminderthat politics isnt just about winningits also abouthow you treat those who lose.
RAINA KELLEY, NEWSWEEK
Belknap 2009 31 charts, 1 map, 1 table 672 pp.Cloth $45.00 / 33.95 ISBN978-0-674-03520-1
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for your personal library
Abdelal, Capital Rules, 7Abraham, Liability Century, 18Adas, Dominance by Design, 10Adler, New Foundations of Cost-Benefit, 19Andrews, Killing for Coal, 11Auerbach, Institutional Foundations of, 18Bateman, Return to Keynes, 4Bauman, Does Ethics Have a Chance, 15Bebchuk, Pay without Performance, 19Bewley, General Equilibrium, 20Bewley, Why Wages Dont Fall during, 6Bose, Hundred Horizons, 11Carlson, Biology Is Technology, 15Caves, Creative Industries, 16Chandler, Shaping the Industrial Century, 9Diamond, Natural Experiments of History, 4Dutton, Beijing Time, 16Edelson, Plantation Enterprise in, 11Fair, Estimating How the Macro, 20Fischman, Making Good, 16Fleischacker, Short History of, 21Folbre, Valuing Children, 16Foley, Adams Fallacy, 6Fraser, Ruling America, 11Fremont-Smith, Governing Nonprofit, 14Gardner, American Agriculture, 14Geiger, Tapping the Riches of Science, 17
Getz, Investing in College, 16Gilroy, Darker than Blue, 8Goldberg, Framing Contract Law, 19Goldin, Race between Education, 2Gmez-Ibez, Regulating Infrastructure, 14Grant, Rulers, Guns, and Money, 11Grogger, Welfare Reform, 16Hardt, Commonwealth, 8
Hardt, Empire, 8Helpman, Institutions and Economic, 13Helpman, Mystery of Economic Growth, 7Helpman, Organization of Firms, 7Hoffman, Surviving Large Losses, 6Hont, Jealousy of Trade, 21Hope, Biobazaar, 19Hovenkamp, Antitrust Enterprise, 19
James, Family Capitalism, 11James, Creation and Destruction of Value, 3James, End of Globalization, 6Kaplow, Fairness versus Welfare, 17Kennedy, Business of Lobbying in China, 14Laird, Pull, 11Landes, Economic Structure of, 19Lester, Innovation, 14Levy, State after Statism, 14Light, Government Ill Executed, 12Luft, Total Cure, 15Luttwak, Grand Strategy of the, 9Mann, Republic of Debtors, 10Manski, Identification for Prediction, 20Marcus, Lipstick Traces, 24Marcus, New Literary History, 24Marglin, Dismal Science, 14McCandless, ABCs of RBCs, 20McCraw, Prophet of Innovation, 10
Michl, Capitalists, Workers, and, 13Mihm, Nation of Counterfeiters, 10Mirowski, Road from Mont Plerin, 21Mnookin, Beyond Winning, 19Moreton, To Serve God and Wal-Mart, 5Moss, When All Else Fails, 6Myerson, Game Theory, 20Newman, Chutes and Ladders, 17
OFlaherty, City Economics, 20Olegario, Culture of Credit, 11Paarlberg, Starved for Science, 12Phelps, Rewarding Work, 14Posner, Failure of Capitalism, 2Posner, Origins of Europes New Stock, 13Raiffa, Negotiation Analysis, 19Roemer, Political Competition, 14Roemer, Racism, Xenophobia, 14Roth, American Homicide, 22Safford, Why the Garden Club, 13Salter, Innovation Corrupted, 18Sandage, Born Losers, 11Saxenian, New Argonauts, 7Schelling, Choice and Consequence, 14Schelling, Strategies of Commitment, 14Sen, Idea of Justice, 3Shavell, Economic Analysis of, 19Shavell, Foundations of Economic, 19Siegfried, Better Living through Economics, 5Slade, Made to Break, 11Suisman, Selling Sounds, 8Sunstein, Worst-Case Scenarios, 12Taylor, Reconstructing Macroeconomics, 20Trachtman, Economic Structure of, 18Tuck, Free Riding, 21Usner, Indian Work, 9
Venkatesh, Off the Books, 17Waldfogel, Tyranny of the Market, 14Waldfogel, What Children Need, 17Wang, Brand New China, 7Wang, Chinas New Order, 7Waters, New Americans, 17Weitzman, Income, Wealth, 20Wilson, Thirty Years War, 22
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A NEWLITERARYHISTORY OF AMERICAEDITED BY GREIL MARCUS AND WERNER SOLLORS
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In this thousand-page compendiumits clear thatnothing remains of the boundaries that traditionallyseparated literature, history and popular culture. Thebook comprises more than 200 essays on AmericanlifeA New Literary History of Americagives us whatamounts to a fractal geometry of American culture.
WES DAVIS, WALL STREET JOURNAL
Belknap / Harvard University Press Reference Library2009 27 halftones 1128 pp.Cloth $49.95 / 36.95 ISBN978-0-674-03594-2
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LIPSTICKTRACES
A Secret History of the Twentieth Century
GREIL MARCUS
A coruscatingly original piece of work,vibrant with the energy of the bizarrehappenings it maps out.
TERRY EAGLETON,NEW YORK TIMES BOOK REVIEW
Belknap 2009 59 halftones, 25 line illus.496 pp. Paper $24.95 / 18.95 COBEISBN978-0-674-03480-8