Joan Robinson was one of the most significant economists of the 20th century. Juanita Morris Kreps was Secretary of Commerce under Jimmy Carter. And forecasting guru Abbey Joseph Cohen appears regularly on PBS, CNN, and CNBC. Women are vital members of the economics profession, yet they have traditionally received scant recognition for their work. This volume provides information on 51 remarkable women in the profession. They come from all areas of economics-academia, the business world, public policy-and include those who are currently active as well as 19th-century pioneers in the field. Entries cover biographical information, as well as the subjects' work, providing a unique guide to the many and varied contributions these women have made to economics.
Seeking to provide balanced coverage, this book covers accomplished and emerging economists, living and deceased individuals, and women from all philosophical perspectives and economic areas. Some have worked in several areas. Kathleen Bell Cooper, for instance, was Chief Economist at Exxon Corporation and is now Under Secretary of Commerce for Economic Affairs, while Marina Whitman, now with the University of Michigan Business School, was a senior executive with General Motors and the first woman appointed to the President's Council of Economic Advisors. Others have spent their career in academia. All have been prolific writers, as their entries document, and all made their mark on economics. This book is a testament to their achievements.
JAMES CICARELLI is Professor of Economics at Roosevelt University. He is the author of four books and of articles published in numerous journals such as The American Journal of Economics and Sociology, Technological Forecasting, The New Republic, and The Chicago Tribune. He is a regular contributor to The Scribner Encyclopedia of American Lives.
JULIANNE CICARELLI teaches at the Huntington Learning Center in Arlington Heights, IL. Her essays have appeared in a number of books, including Biographical Directory of Council of Economics Advisers (1988) and Nobel Laureates in Economic Sciences (1989). She contributes regularly to The Scribner Encyclopedia of American Lives.
The first part of Simon's autobiography takes the reader through his childhood, his years as a midshipman and then as an officer in the Navy, plus a stint in the Marines, and his experiences as a copywriter in an advertising firm. Simon's plan after receiving his Ph.D. from the University of Chicago was to be an entrepreneur, which would afford him enough money to care for his parents and allow him free time for writing fiction. He ran a small mail-order business for two years, during which time he wrote his first book, "How to Start and Operate a Mailorder Business, "which has since gone through seven editions. Deciding to seek a professional career, in 1963, he accepted a position at the University of Illinois.
Although he spent thirty-five years of his life as a faculty member at three universities, his autobiography contains almost no discussion of departmental affairs or university politics, topics about which Simon had little or no interest. Rather, after the personal chronology and experiences, the book includes substantive chapters on research methods, population economics, and immigration. It also explains how Julian Simon became the economist he was. He analyzes crucial periods in his life when he developed his ideas on fundamental issues.
Written in an engaging and amusing manner, Julian Simon's autobiography is a combination of personal memoir and professional contribution to important ideas in economics, research methods, and demography. His observations and personal reflections will interest the general reader on a humanitarian level as well as environmentalists, sociologists, and economists on a professional level.
A battle is being fought in the heart of industrial America—or what is left of it—Miller observes. In the auto industry as well as every manufacturing corporation, management and labor are at loggerheads over wages and the skyrocketing costs of employee benefits. The way out of this battle is often painful and Miller is deeply aware of the high price individual workers and many communities have had to pay as a result.
In this frank and unsparing memoir, Miller reveals a rarely seen side of American management. Miller recounts the inside story of the many turnaround jobs that have led to his renown as Mr. Fix It. But he also paints an intimate picture of his relationship with Maggie Miller, his wife of forty years, with whom Miller shares the credit for his success. Described by Miller as "my mentor and tormentor," Maggie served as his most trusted adviser and kept him focused on what truly matters until her death from brain cancer in 2006.
A deeply moving personal story and timely snapshot of the state of American manufacturing and what it will take to restore it to profitability, The Turnaround Kid is Steve Miller's fascinating look at his education as an American executive.
A History of American Economic Thoughtis a comprehensive study of American economics as it has evolved over time, with several singularly unique features including: a thorough examination of the economics of American aboriginals prior to 1492; a detailed discussion of American economics as it has developed during the last fifty years; and a generous dose of non-mainstream American economics under the rubrics "Other Voices" and "Crosscurrents." It is far from being a native American community, and numerous social reformers and those with alternative points of view are given as much weight as the established figures who dominate the mainstream of the profession. Generous doses of American economic history are presented where appropriate to give context to the story of American economics as it proceeds through the ages, from seventeenth-century pre-independence into the twentieth-first century packed full of influential figures including John Bates Clark, Thorstein Veblen, Irving Fisher, Paul Samuelson, and John Kenneth Galbraith, to name but a few.
This volume has something for everyone interested in the history of economic thought, the nexus of American economic thought and American economic history, the fusion of American economics and philosophy, and the history of science.
Over the years, market developments have proven the wisdom of Graham’s strategies. While preserving the integrity of Graham’s original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today’s market, draws parallels between Graham’s examples and today’s financial headlines, and gives readers a more thorough understanding of how to apply Graham’s principles.
Vital and indispensable, The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.
Now, with Think Like a Freak, Steven D. Levitt and Stephen J. Dubner have written their most revolutionary book yet. With their trademark blend of captivating storytelling and unconventional analysis, they take us inside their thought process and teach us all to think a bit more productively, more creatively, more rationally—to think, that is, like a Freak.
Levitt and Dubner offer a blueprint for an entirely new way to solve problems, whether your interest lies in minor lifehacks or major global reforms. As always, no topic is off-limits. They range from business to philanthropy to sports to politics, all with the goal of retraining your brain. Along the way, you’ll learn the secrets of a Japanese hot-dog-eating champion, the reason an Australian doctor swallowed a batch of dangerous bacteria, and why Nigerian e-mail scammers make a point of saying they’re from Nigeria.
Some of the steps toward thinking like a Freak:First, put away your moral compass—because it’s hard to see a problem clearly if you’ve already decided what to do about it. Learn to say “I don’t know”—for until you can admit what you don’t yet know, it’s virtually impossible to learn what you need to. Think like a child—because you’ll come up with better ideas and ask better questions. Take a master class in incentives—because for better or worse, incentives rule our world. Learn to persuade people who don’t want to be persuaded—because being right is rarely enough to carry the day. Learn to appreciate the upside of quitting—because you can’t solve tomorrow’s problem if you aren’t willing to abandon today’s dud.
Levitt and Dubner plainly see the world like no one else. Now you can too. Never before have such iconoclastic thinkers been so revealing—and so much fun to read.
These may not sound like typical questions for an economist to ask. But Steven D. Levitt is not a typical economist. He is a much-heralded scholar who studies the riddles of everyday life—from cheating and crime to sports and child-rearing—and whose conclusions turn conventional wisdom on its head.
Freakonomics is a groundbreaking collaboration between Levitt and Stephen J. Dubner, an award-winning author and journalist. They usually begin with a mountain of data and a simple question. Some of these questions concern life-and-death issues; others have an admittedly freakish quality. Thus the new field of study contained in this book: Freakonomics.
Through forceful storytelling and wry insight, Levitt and Dubner show that economics is, at root, the study of incentives—how people get what they want, or need, especially when other people want or need the same thing. In Freakonomics, they explore the hidden side of . . . well, everything. The inner workings of a crack gang. The truth about real-estate agents. The myths of campaign finance. The telltale marks of a cheating schoolteacher. The secrets of the Ku Klux Klan.
What unites all these stories is a belief that the modern world, despite a great deal of complexity and downright deceit, is not impenetrable, is not unknowable, and—if the right questions are asked—is even more intriguing than we think. All it takes is a new way of looking.
Freakonomics establishes this unconventional premise: If morality represents how we would like the world to work, then economics represents how it actually does work. It is true that readers of this book will be armed with enough riddles and stories to last a thousand cocktail parties. But Freakonomics can provide more than that. It will literally redefine the way we view the modern world.
Bonus material added to the revised and expanded 2006 editionThe original New York Times Magazine article about Steven D. Levitt by Stephen J. Dubner, which led to the creation of this book.Seven “Freakonomics” columns written for the New York Times Magazine, published between August 2005 and April 2006.Selected entries from the Freakonomics blog, posted between April 2005 and May 2006 at http://www.freakonomics.com/blog/.