Money, Market, Capital. A Brief History of Economics
14.99 €
In stock
Money, Market, Capital. A Brief History of Economics
14.99 €
Money, business, transactions, we cannot imagine another world. Capitalism as we know it, however, did not emerge until the end of the nineteenth century. We are used to seeing history as progressive progress, but the modern market economy is fraught with many problems: poverty, inequality, discrimination. Keynesian theory in the twentieth century was designed to defeat unemployment, but macroeconomists still cannot cope with financial crises.
In a book by Harvard professor Andrew Lay, the history of economics is surprisingly intertwined with modernity: European colonization and global warming, the richest members of the Medici family and artificial intelligence, the invention of money and the “invisible hand of the market.” What economic systems existed in different eras? How has capitalism affected gender inequality? What is the difference between East and West? Lei fascinatingly and concisely tells about the most important pages in the history of the economy and about the global challenges facing humanity in the XXI century.
“Before we move on to Homo economicus, we must begin at the very beginning – with how economics shaped our species, Homo sapiens.”.
In a book by Harvard professor Andrew Lay, the history of economics is surprisingly intertwined with modernity: European colonization and global warming, the richest members of the Medici family and artificial intelligence, the invention of money and the “invisible hand of the market.” What economic systems existed in different eras? How has capitalism affected gender inequality? What is the difference between East and West? Lei fascinatingly and concisely tells about the most important pages in the history of the economy and about the global challenges facing humanity in the XXI century.
“Before we move on to Homo economicus, we must begin at the very beginning – with how economics shaped our species, Homo sapiens.”.
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