2020 Columbia University Press Economics Catalog

BEST OF THE BACKLIST

Economics 2020

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TABLE OF CONTENTS

NEW AND FORTHCOMING

After the Crash

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Financial Crises and Regulatory Responses

Best of the Backlist .............................................10

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Edited by Sharyn O'Halloran and Thomas Groll

Manuscript queries and proposals can be sent to Myles Thompson (mt2112@columbia.edu), senior editor for business and economics.

For a complete listing of Columbia’s titles or for more information about any book in this catalog visit our website at cup.columbia.edu.

Most titles in this catalog published by Columbia University Press are available worldwide from the press. If no United Kingdom price appears for a title, it is most likely available from Columbia only in the United States, its possessions, and Canada.

Titles published by Agenda Publishing, Chinese University of Hong Kong Press, and Tulika Books are available from Columbia only in North America.

To order titles from these publishers in other parts of the world, please contact each press directly.

After the Crash is an innovative analysis of the 2008 financial crisis and its ongoing effects on the global regulatory, financial, and political landscape, with timely discussions of the key issues for our economic future. It brings together a range of expert and practitioner perspectives. $35.00 / £30.00 cloth 978-0-231-19284-2 2019 432 pages

Renewable Energy A Primer for the Twenty-First Century

Bruce Usher

Bruce Usher provides a primer for readers of all levels on the coming energy transition and its global consequences. He gives a concise yet comprehensive explanation for the extraordinary growth in wind and solar energy; the trajectory of the transition from fossil fuels to renewables; and the implications for industries, nations, and the climate. $20.00 / £16.99 paper 978-0-231-18785-5 $60.00 / £50.00 cloth 978-0-231-18784-8 2019 224 pages 34 illus.

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NEW AND FORTHCOMING

Risk, Choice, and Uncertainty

Confronting Inequality

George G. Szpiro

Jonathan D. Ostry, Prakash Loungani, and Andrew Berg

Three Centuries of Economic Decision-Making

How Societies Can Choose Inclusive Growth

Foreword by Joseph E. Stiglitz

Risk, Choice, and Uncertainty offers a new narrative of the three-century history of the study of decision-making, tracing how crucial ideas have evolved and telling the stories of the thinkers who shaped the field. George G. Szpiro examines economics from theories of optimal decision-making to behavioral science. $32.00 / £28.00 cloth 978-0-231-19474-7 2020 264 pages 20 illus.

The widening gap between the very rich and everyone else is often portrayed as an unexpected outcome or as the trade-off we must accept to achieve economic growth. In this book, three International Monetary Fund economists show that this increase in inequality has in fact been a political choice—and explain what policies we should choose instead to achieve a more inclusive economy. $30.00 / £25.00 paper 978-0-231-17469-5 $90.00 / £74.00 cloth 978-0-231-17468-8 2019 192 pages

The Ages of Globalization

International Policy Rules and Inequality

Jeffrey D. Sachs

Edited by José Antonio Ocampo

Implications for Global Economic Governance

Geography, Technology, and Institutions

$24.95 / £22.00 cloth 978-0-231-19374-0

In this book, contributors scrutinizes how the rules of global economic governance—or the lack thereof—determine the extent and growth of inequality. They provide an in-depth examination of the rules governing foreign-investment protection, cross-border financial flows, and intellectual property rights, as well as the lack of standards governing international taxation and the channels through which they might affect inequality.

June 2020 288 pages 61 illus.

$75.00 / £62.00 cloth 978-0-231-19084-8

2019 304 pages

Jeffrey D. Sachs turns to world history to shed light on how we can meet the challenges and opportunities of the twenty-first century. He takes readers through a series of six distinct waves of technological and ideological change, starting with the very beginnings of our species and ending with reflections on present-day globalization.

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The New Stock Market

American Capitalism New Histories

Law, Economics, and Policy

Edited by Sven Beckert and Christine Desan

Merritt B. Fox, Lawrence R. Glosten, and Gabriel V. Rauterberg

The New Stock Market covers a wide range of issues, including the practices of high-frequency traders, insider trading, manipulation, short selling, broker-dealer practices, and trading, venue fees, and rebates. The book illuminates both the existing regulatory structure of our equity-trading markets and how we can improve it. $65.00 / £54.00 cloth 978-0-231-18196-9 2019 408 pages

American Capitalism presents cutting-edge research from prominent scholars that makes capitalism a subject of historical inquiry. Venturing new angles on finance, debt, and credit; women’s rights; slavery, and political economy; the racialization of capitalism; labor beyond industrial wage workers; and the production of knowledge, this book demonstrates the breadth and scope of the new history of capitalism. $28.00 / £22.00 paper 978-0-231-18525-7 $38.00 / £32.00 cloth 978-0-231-18524-0 2019 448 pages

COLUMBIA STUDIES IN THE HISTORY OF U.S. CAPITALISM

The Price of Football

The Gig Economy Alex de Ruyter and Martyn Brown

The Finance and Economics of the Beautiful Game Kieran Maguire

As professional football’s popularity has grown, so has its monetary value. Kieran Maguire looks at the different ways in which professional football operates as a business—how clubs make their money or, more commonly, lose it. In particular, he analyzes how success is measured by the different and often competing stakeholders in football clubs—owners, managers, fans, players, commercial partners, and the media. $25.00 paper 978-1-911116-90-5 $90.00 cloth 978-1-911116-89-9 2019 224 pages

AGENDA PUBLISHING

The “gig economy” covers self-employed people who work for hire; those on temporary, short-term contracts; and those on zero-hours contracts. Proponents of flexible working arrangements point to the opportunities the gig economy offers to unlock the potential of those who cannot work full-time and note that technology is changing the nature of work. Opponents fear that it is driven by the corporate need to cut costs and reduce the administrative burden and legal responsibilities that accompany a permanent workforce. $25.00 paper 978-1-788210-05-8 $70.00 cloth 978-1-788210-04-1 2018 192 pages

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Meals Matter

Post-Keynesian Theory Revisited

A Radical Economics Through Gastronomy Michael Symons

In Meals Matter, Michael Symons returns economics to its roots in the distribution of food and the labor required. Setting the table with vivid descriptions of conviviality, he offers a gastronomic rebuttal to the narrow worldview of mainstream economics. $35.00 /£30.00 cloth 978-0-231-19602-4 June 2020 352 pages 20 illus

ARTS AND TRADITIONS OF THE TABLE: PERSPECTIVES ON CULINARY HISTORY

Money, Uncertainty, and Employment Matteo Iannizzotto

Matteo Iannizzutto showcases post-Keynesianism’s contributions to such central issues as the fundamental uncertainty in economic decisions, the theory of liquidity preference, effective demand, and nominal contracts. In each case the author presents the strength of post-Keynesian ideas alongside those of mainstream economics and shows their explanatory power in the light of the financial crisis. $90.00 cloth 978-1-788211-49-9 2019 240 pages

AGENDA PUBLISHING

Energy Kingdoms

Oil Powers

Jim Krane

Victor McFarland

Oil and Political Survival in the Persian Gulf

A History of the U.S.Saudi Alliance

WINNER, AGAPS BOOK PRIZE, ASSOCIATION FOR GULF AND ARABIAN PENINSULA STUDIES

In Energy Kingdoms, Jim Krane takes readers inside the Gulf monarchies to consider the conundrum facing these states. He traces the history of their energy use and policies, looking in particular at how energy subsidies have distorted demand.

Oil exports are the lifeblood of their politicaleconomic systems—and the basis of their strategic importance—but domestic consumption has begun eating into exports while climate change threatens to render the region uninhabitable.

Victor McFarland challenges the view that the U.S.-Saudi alliance is the inevitable consequence of American energy demand and Saudi Arabia’s huge oil reserves. Oil Powers traces the growth of the alliance through a dense web of political, economic, and social connections that bolstered royal and executive power and the nationalsecurity state.

$32.00 / £28.00 cloth 978-0-231-17930-0

August 2020 384 pages 5 illus.

2019 224 pages

CENTER ON GLOBAL ENERGY POLICY SERIES

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$35.00 / £27.00 paper 978-0-231-19727-4 $140.00 / £115.00 cloth 978-0-231-19726-7

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China’s Fintech Explosion

In China’s Wake

Nicholas Jepson

How the Commodity Boom Transformed Development Strategies in the Global South

Disruption, Innovation, and Survival Sara Hsu and Jianjun Li

Sara Hsu and Jianjun Li explore the transformative potential of China’s financial-technology industry, describing the risks and rewards for participants as well as the impact on consumers. Offering expert analysis of market potential, risks, and competition, as well as case studies of firms, China’s Fintech Explosion is a must-read.

Nicholas Jepson shows how Chinese demand not only transformed commodity markets but also provided resource-rich states with the financial leeway to set their own policy agendas. He combines analysis of China-led structural change with finegrained analysis of how the boom played out across fifteen different resource-rich countries.

$35.00 / £30.00 cloth 978-0-231-19656-7

$30.00 / £25.00 paper 978-0-231-18797-8

August 2020 320 pages 39 illus.

$90.00 / £74.00 cloth 978-0-231-18796-1

COLUMBIA BUSINESS SCHOOL PUBLISHING

2020 376 pages 40 illus.

The State Strikes Back

Is the Chinese Economy a Miracle or a Bubble?

The End of Economic Reform in China?

Nicholas R. Lardy

In The State Strikes Back the renowned China scholar Nicholas R. Lardy argues that China’s future growth prospects could be bright but are shadowed by the specter of resurgent state dominance, which has begun to diminish the vital role of the market and private firms in China’s economy. $23.95 / £20.00 paper 978-0-88132-737-3 2019 200 pages

PETERSON INSTITUTE FOR INTERNATIONAL ECONOMICS

Lawrence Juen-yee Lau

Lawrence Juen-yee Lau discusses Chinese economic development over the past decades. Lau evaluates the relative importance of different sources of growth for the Chinese economy and scrutinizes the strategy of reform and development at various stages. Based on a comprehensive account of China’s macroeconomy, Lau addresses the question of whether Chinese economic growth is an extraordinary “miracle” or an implausible economic “bubble.” $55.00 cloth 978-988-237-095-1 2019 480 pages 124 illus.

CHINESE UNIVERSITY OF HONG KONG PRESS

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China's Hong Kong

The China-U.S. Trade War and Their Future Economic Relations

The Politics of a Global City Tim Summers

Lawrence J. Lau

Lawrence J. Lau examines various economic statistics of the past few decades to show that while the real effects of the China-U.S. trade war in 2018 are not negligible, they are relatively manageable for both nations. By countering the rise of xenophobia, Lau envisions China-U.S. economic collaboration as a potentially positive-sum game that will enable each country to fully use the other’s currently underutilized resources. $39.00 cloth 978-988-237-112-5 2019 224 pages

This book looks afresh at the constitutional settlement under which Hong Kong became a Special Administrative Region of the PRC. Tim Summers argues that the developments in Hong Kong have to be understood as a unique interplay among local, national, and global developments. $30.00 paper 978-1-788210-69-0 2019 176 pages

AGENDA PUBLISHING

CHINESE UNIVERSITY OF HONG KONG PRESS

Property, Social Action, and the LegalEconomic Nexus

Whither Rural India?

Political Economy of Agrarian Transformation in Contemporary India: A Festschrift for Venkatesh Athreya

Josef Sima

Edited by A. Narayanamoorthy, R. Sujatha, and R. V. Bhavani This book explores the vital role that active government policies can play in transforming African economies. Contributors discuss government policies that traverse all economic sectors, including finance, information technology, and agriculture. This collection features studies of current policy in many parts of the world, examining their risks and rewards and what they mean for sub-Saharan Africa.

This volume is devoted to the economic and social history of India from the thirteenth to the fifteenth centuries. It describes the agrarian order, urban economy, and trading world during the Delhi Sultanate (1206–1398), the subsequent period of political divisions, and conditions in the Vijayanagara Empire, which flourished during this period in south India.

$90.00 cloth 978-1-788210-43-0

$44.00 / £36.00 cloth 978-81-937329-6-0

2019 224 pages

2019 260 pages

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TULIKA BOOKS

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Sustainable Development in Science Policy-Making

The Quality of Growth in Africa

The German Federal Ministry of Education and Research’s Policies for International Cooperation in Sustainability Research

Edited by Ravi Kanbur, Akbar Noman, and Joseph E. Stiglitz

Anna Schwachula This book brings together prominent international contributors to consider a range of questions concerning the quality of growth in Africa. Offering both diagnoses and prescriptions, The Quality of Growth in Africa helps envision a future that goes beyond increasing GDP to ensuring that growth translates into improvements in well-being.

This study focuses on German science policy for research cooperation with developing countries and emerging economies in sustainability research.

Based on interviews with policy makers and researchers, it scrutinizes the actors, processes, and contents of science policy in Germany.

$75.00 /£62.00 cloth 978-0-231-194761

2019 346 pages 3 illus.

2019 480 pages 45 illus.

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$60.00 / £50.00 paper 978-3-8376-4882-9

Law and the Wealth of Nations

Austerity

John Fender

Finance, Prosperity, and Democracy Tamara Lothian

Tamara Lothian shows a path to the reconstruction of the economy in the service of both growth and inclusion that would reignite economic growth by democratizing the market. Law and the Wealth of Nations offers a progressive approach to the supply side of the economy and proposes innovation in our fundamental economic arrangements.

John Fender explains how the economics of austerity works in theory and how it has played out in practice in the UK, United States, and EU. He provides students with a clear and rigorous guide to the principles and mechanisms of austerity economics and offers a balanced point of reference. $25.00 paper 978-1-911116-93-6

$28.00 / £22.00 paper 978-0-231-17467-1

2019 176 pages

2019 416 pages

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Gender and Finance

The Economy’s Other Half

Brigitte Young

How Taking Gender Seriously Transforms Macroeconomics James Heintz

Brigitte Young examines the gendered implications of financial governance, financialization, monetary policy, and financial crisis. She presents options for rebalancing the financial system to make it inclusive and fair. $35.00 paper 978-1-78821-102-4 2019 192 pages

AGENDA PUBLISHING

James Heintz tackles the shortcomings of macroeconomics in relation to gender dynamics and challenges the dominant methods and measurements, suggesting new ways of framing macroeconomic concepts. He concludes by considering implications for how this new way of thinking could transform policy making in the future. $25.00 paper 978-1-911116-90-5

$90.00 cloth 978-1-911116-89-9 2019 224 pages

AGENDA PUBLISHING

Whatever It Takes

Economic Sanctions Reconsidered [with CD]

Towards a Post-Crisis Europe

George Papaconstantinou

Gary Clyde Hufbauer, Jeffrey J. Schott, Kimberly Ann Elliott, and Barbara Oegg

Europe is at a crossroads: a restructuring at the very least, if not a new settlement of power, is in the cards. This book attempts to understand what "post-crisis Europe" will look like, and what the opportunities are to rethink its economic, social, and institutional architecture as well as to address its nagging democratic deficit.

This landmark study, first published in 1985, delves into the rich experience of sanctions in the twentieth century to harvest lessons on how to use sanctions more effectively. This is the updated third edition of this widely cited study. The authors’ unique database on sanctions now covers almost 200 case studies.

$30.00 paper 978-1-911116-98-1

$39.95 / £34.00 paper 978-0-88132-431-0

2019 224 pages

2020 Mixed media product

AGENDA PUBLISHING

PETERSON INSTITUTE FOR INTERNATIONAL ECONOMICS

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The Demand for Health

Degrowth

Giorgos Kallis

A Theoretical and Empirical Investigation Michael Grossman

Giorgos Kallis summarizes the core elements of degrowth, a critique of the idea (and ideology) of economic growth. Kallis grounds degrowth squarely within the field of ecological economics and, in addition to outlining its key ideas, explores what it would take for an economy to transition to a position that enabled it to prosper without growth.

A seminal work in health economics first published in 1972, Michael Grossman’s The Demand for Health introduced a new theoretical model for determining the health status of the population. His work uniquely synthesized economic and public-health knowledge and has catalyzed a vastly influential body of health-economics literature. $20.00 / £16.99 paper 978-0-231-179010-3

$23.00 paper 978-1-911116-80-6

$60.00 / £50.00 cloth 978-0-231-17900-3

$70.00 cloth 978-1-911116-79-0

2017 216 pages

2018 176 pages

AGENDA PUBLISHING

The New Politics of Trade

The Market Matthew Watson

Lessons from TTIP

Matthew Watson unpacks the concept of the market to ask what it really means to allow ourselves to submit to market forces. This book provides a major contribution to a deeper appreciation of the dominant economic language of our time, challenging the idea that we can simply defer to the “logic of the market.” $27.00 paper 978-1-911116-61-5 $90.00 cloth 978-1-911116-60-8 2018 208 pages

AGENDA PUBLISHING

Alasdair R. Young

Alasdair R. Young analyzes the Transatlantic Trade and Investment Partnership negotiations and explores why they have proved so difficult to conclude. He sheds light on the limits of transatlantic cooperation and teases out the implications for the UK in post-Brexit trade negotiations and for facing a more protectionist stance from the United States. $25.00 paper 978-1-911116-75-2 2017 192 pages

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Building the New American Economy

The Age of Sustainable Development

Foreword by

ban Ki-moon

Smart, Fair, and Sustainable

Jeffrey D. Sachs Foreword by Bernie Sanders

Jeffrey D. Sachs

Foreword by Ban Ki-moon

THE AGE OF SUSTAINABLE DEVELOPMENT “My candidate for most important book in current circulation.”

CHOICE OUTSTANDING ACADEMIC TITLE

EDwARD O. wilSOn

JEFFREY D. SACHS

Jeffrey D. Sachs shows how the United States can find a path to renewed economic progress that is fair and environmentally sustainable. Sachs explores issues including infrastructure, trade deals, energy policy, and income inequality, providing illuminating and accessible explanations of the forces at work and specific policy solutions. $12.95 / £10.99 paper 978-0-231-8405-2 $17.95 / £14.99 cloth 978-0-231-18404-5 2018 152 pages

Jeffrey D. Sachs presents a compelling and practical framework for how global citizens can use a holistic way forward to address the seemingly intractable worldwide problems of persistent extreme poverty, environmental degradation, and political-economic injustice. Sachs offers readers, students, activists, environmentalists, and policy makers the tools, metrics, and practical pathways they need to address these issues through sustainable development. $39.95 / £34.00 paper 978-0-231-17315-5

ec end on an om ge geo ffr re ey i e Hea s d l

tHr How eat tH ens e n our egle pro ct o spe f na rit tur y e

2015 544 pages 300 illus

Endangered Economies

Time and the Generations

Geoffrey Heal

Partha Dasgupta

How the Neglect of Nature Threatens Our Prosperity

One of the founders of environmental economics clearly and passionately demonstrates that the only way to achieve long-term economic growth is to protect our environment. After painting a stark picture of our current state, Geoffrey Heal outlines simple solutions that have already proven effective in conserving nature and boosting economic growth. $35.00 / £30.00 cloth 978-0-231-18084-9 2016 240 pages

Population Ethics for a Diminishing Planet

How should we evaluate the ethics of procreation, especially the environmental consequences of reproductive decisions on future generations, in a resource-constrained world? The culmination of a half century of engagement with population ethics, Partha Dasgupta’s masterful Time and the Generations blends economics, philosophy, and ecology to offer an original lens on the difficult topic of optimum global population. $28.00 / £22.00 cloth 978-0-231-16012-4 2019 344 pages / 9 illus.

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Creditworthy

Europe’s Brexit

A History of Consumer Surveillance and Financial Identity in America

EU Perspectives on Britain's Vote to Leave Tim Oliver

Josh Lauer

WINNER OF THE SSN

Creditworthy

a Hi st o ry o f Co n su m e r su rv e i llan C e an d f i n an Ci al

Josh Lauer

i de n t i t y i n am e r i Ca

BOOK AWARD FROM THE SURVEILLANCE STUDIES NETWORK

Josh Lauer explores the evolution of credit reporting from its nineteenth-century origins to the rise of the modern consumer–data industry.

Creditworthy charts how credit reporting grew from an industry that relied on personal knowledge of consumers to one that employs sophisticated algorithms to determine trustworthiness, highlighting the role that commercial surveillance has played in monitoring Americans' economic lives.

This book offers an in-depth, ground-up analysis of the attitudes and opinions of the rest of Europe towards Brexit. Drawing on the research of country experts, the book provides essential context and insight into the likely approach of the European nations towards the UK at this historic juncture. $90.00 cloth 978-1-788210-52-2 2018 256 pages

AGENDA PUBLISHING

$35.00 / £30.00 cloth 978-0-231-16808-3 2017 368 pages 19 illus.

COLUMBIA STUDIES IN THE HISTORY OF U.S. CAPITALISM

New in paper

Alexander Hamilton on Finance, Credit, and Debt

The Welfare State Revisited

Edited by José Antonio Ocampo and Joseph E. Stiglitz

Richard Sylla and David J. Cowen

This book traces the development of Alexander Hamilton’s financial thinking, policies, and actions through a selection of his writings. The financial historians and Hamilton experts Richard Sylla and David J. Cowen provide commentary that demonstrates the impact Hamilton had on the modern economic system, guiding readers through Hamilton’s distinguished career.

The welfare state has been under attack for decades, but now more than ever we need strong social programs to combat inequality, support social justice, and even improve economic performance. This book brings together distinguished contributors to examine global variations of social programs and make the case for a redesigned welfare state. $70.00 / £58.00 cloth 978-0-231-18544-8

$16.95 / £13.99 paper 978-0-231-18457-1

2018 408 pages 65 illus.

$29.95 / £25.00 cloth 978-0-231-18456-4

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2019 360 pages

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ECONOMIC THOUGHT A BRIEF HISTORY

Economic Thought

Better Presentations

A Brief History Heinz D. Kurz

Translated by Jeremiah Riemer

BETTER PRESENTATIONS

A Guide for Scholars, Researchers, and Wonks Jonathan Schwabish

A Guide for Scholars, Researchers, and Wonks

HEINZ D. KURZ

Jonathan Schwabish

In this concise yet comprehensive history, Heinz D. Kurz traces the long arc of economic thought from its emergence in ancient Greece to its systematic presentation among the classical thinkers of the late eighteenth and early nineteenth centuries to the influential work of scholars such as Paul Samuelson and Kenneth J. Arrow. $20.00 / £14.99 paper 978-0-231-17259-2 $27.00 / £21.00 cloth 978-0-231-17258-5 2017 224 pages

Following three core principles—visualize, unify, and focus—Better Presentations describes how to visualize data effectively, find and use images appropriately, choose sensible fonts and colors, edit text for powerful delivery, and restructure a written argument for maximum engagement and persuasion. With a range of clear examples of what to do (and what not to do), Jonathan Schwabish provides the best techniques to display work and the best tactics for winning over audiences. $24.95 / £22.00 paper 978-0-231-17521-0

$75.00 / £62.00 cloth 978-0231-17520-3 2016 192 pages

Coping with the Climate Crisis

How Much Inequality Is Fair?

Rabah Arezki, Patrick Bolton, Karim El Aynaoui, and Maurice Obstfeld

Venkat Venkatasubramanian

Mitigation Policies and Global Coordination

Coping with the Climate Crisis brings together leading experts from academia and policy circles to explore issues related to the implementation of the COP21 Paris Agreement and the challenges of accelerating the transition toward sustainable development. The book synthesizes the key insights of climate-change economics in an accessible guide. $60.00 / £50.00 cloth 978-0-231-18756-5 2018 232 pages 30 illus.

Mathematical Principles of a Moral, Optimal, and Stable Capitalist Society

How Much Inequality Is Fair? synthesizes concepts from economics, political philosophy, game theory, information theory, statistical mechanics, and systems engineering into a mathematical framework for a fair free-market society. Venkat Venkatasubramanian compares his theory’s predictions to actual inequality data and discusses its implications. $28.00 / £22.00 paper 978-0-231-18073-3 $60.00 /£50.00 cloth 978-0-231-18072-6 2017 304 pages 35 illus.

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New in paper

Rescuing Retirement

Toward a Just Society

Teresa Ghilarducci and Tony James

Edited by Martin Guzman

A Plan to Guarantee Retirement Security for All Americans

Speaking to Americans’ growing anxiety about their ability to retire, Rescuing Retirement provides answers to anyone wanting to understand the growing movement to protect a period of life once considered a deserved time of rest and creativity and offers a practical guide to the future of secure retirement. $19.95 / £16.99 paper 978-0-231-18565-3 $24.95 / £22.00 cloth 978-0-231-18564-6

c r e at i n g a d ls ec oavrenri nn gg

pr ces

This collection of essays reflects on how modern economics has been shaped by Joseph Stiglitz.

High-profile authors spanning microeconomics, macroeconomics, inequality, development, law and economics, and public policy take up the central debates and discoveries of the field and provide insights on the future directions of academic economics. $75.00 / £62.00 cloth 978-0-231-18672-8

August 2020 184 pages

pau l m i lg r o m

Joseph Stiglitz and Twenty-First Century Economics

2018 640 pages 57 illus.

Discovering Prices

Auction Design in Markets with Complex Constraints Paul Milgrom

j o s e p h e . st i g l i t z a n d bruce c. greenwald

c r e at i n g a learning society

Creating a Learning Society

A New Approach to Growth, Development, and Social Progress Joseph E. Stiglitz and Bruce C. Greenwald

a u c t io n D e s ig n i n ma r ke t s w i t h C o m p le x C o n s t ra i n t s

a new approach to growth, development, and social progress

With Robert M. Solow and Michael Woodford

Paul Milgrom describes how auctions can be used to discover prices and guide efficient resource allocations. Milgrom roots his new theories in real-world examples (including the ambitious U.S. incentive auction of radio frequencies, whose design he led) and provides economists with crucial new tools for solving complex resource-allocation problems.

To understand how countries grow and develop, it is essential to know how they learn and become more productive and what government can do to promote learning. In Creating a Learning Society, Joseph E. Stiglitz and Bruce C. Greenwald cast light on the significance of this insight for economic theory and policy.

$28.00 / £22.00 cloth 978-0-231-17598-2

2014 680 pages 45 Illus.

2017 248 pages

KENNETH J. ARROW LECTURE SERIES

$34.95 / £30.00 cloth 978-0-231-15214-3

KENNETH J. ARROW LECTURE SERIES

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15

2019

C U P. C O L U M B I A . E D U

CO LU M B I A U N I V E R S I T Y P R E S S

Transcript Verlag , and Tulika Books.

Hong Kong Press, Peterson Institute for International Economics,

Including titles from Agenda Publishing, Chinese University of

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Economics

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