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In the late eighteenth century, the political economist Adam Smith predicted an eventual equalization of power between the West and the territories it had conquered. In this magisterial new work, Gio …

Richard E. Wagner has spent more than five decades in academia, holding professorship and leadership positions at the University of California Irvine, Tulane University, Virginia Polytechnic Institut …

The Fall and Rise of American Finance traces the collapse and reconstitution of American financial power from the disintegration of robber baron J. P. Morgan’s vast empire to the rise of finance behe …

The Automatic Fetish traces Marx’s analysis of capital, step by step, through the material compiled posthumously as the third volume of Capital. Identifying the critique of value as the central throu …

Elinor Ostrom was the first woman to win the Nobel Prize in economics and her achievement has generated renewed interest in the Bloomington School research program in institutional economics and poli …

Contemporary capitalism produces more and more money, debt, and inequality. These three trends have a common cause: the privilege of private banks to create money by means of accounting – by the stro …

This edition includes a modern introduction and a list of suggested further reading.   Political Economy for Beginners is a timeless introduction to the Classical Political Economy of Adam Smi …

Adam Smith’s groundbreaking work, An Inquiry into the Nature and Causes of the Wealth of Nations, delves into the principles that underpin economic prosperity and the functioning of free markets. Wri …

Liberia is a dysfunctional country as the result of its patronage practices, which include nepotism, bribery, and election fraud. Stephen H. Gobewole, who grew up in Liberia, explains how these corru …

Despite insoluble contradictions, intense volatility and fierce resistance, the crisis-ridden capitalism of the 21st century lingers on. To understand capital’s paradoxical expansion and entrenchment …