Book Reviews

2011 ◽  
Vol 49 (3) ◽  
pp. 750-751

Jonathan Macey of Yale Law School reviews “How Big Banks Fail and What to Do about It” by Darrell Duffie. The EconLit Abstract of the reviewed work begins “Explores the failure mechanics of dealer banks and outlines improvements in regulations and market infrastructure that could reduce the risks of these failures and reduce the damage they cause to the wider financial system when they fail. Discusses what a dealer bank is; failure mechanisms; recapitalizing a weak bank; and improving regulations and market infrastructure. Duffie is Dean Witter Distinguished Professor of Finance at Stanford University's Graduate School of Business. Bibliography; index.”

2011 ◽  
Vol 49 (3) ◽  
pp. 770-772

Daniel Markovits of Yale Law School reviews “Blind Spots: Why We Fail to Do What's Right and What to Do about It” by Max H. Bazerman and Ann E. Tenbrunsel. The EconLit Abstract of the reviewed work begins “Examines the gap between how ethical we think we are and how ethical we truly are and the ethical blind spots that perpetuate these beliefs. Discusses the gap between intended and actual ethical behavior; whether traditional approaches to ethics will save you; when we act against our own ethical values; whether we are as ethical as we think we are; when we ignore unethical behavior; placing false hope in the “ethical organization”; why we fail to fix our corrupted institutions; and narrowing the gap--interventions for improving ethical behavior. Bazerman is Jesse Isidor Straus Professor of Business Administration at Harvard Business School. Tenbrunsel is Rex and Alice A. Martin Professor of Business Ethics in the Mendoza College of Business at the University of Notre Dame. Index.”


2014 ◽  
Vol 52 (4) ◽  
pp. 1189-1191

Branko Milanovic, a Presidential Professor at the CUNY Graduate Center, reviews “Mixed Fortunes: An Economic History of China, Russia, and the West”, by Vladimir Popov. The Econlit abstract of this book begins: “Provides an interpretation of the ""Great Divergence" and the ""Great Convergence" stories, analyzing why Western countries grew rich and developing countries struggled to keep up, focusing on China and Russia. Discusses how the West became rich--stylized facts and a literature review; why the West became rich first and why some developing countries are catching up, while others are not; Chinese and Russian economies under central planning--why the difference in outcomes?; Chinese and Russian economies since reforms--transformational recession in Russia and acceleration of growth in China; and growth miracles and failures--lessons for development economics. Popov is with the Department of Economic and Social Affairs of the United Nations, Professor Emeritus at the New Economic School in Moscow, and Professor in the Graduate School of International Business at the Russian Presidential Academy of the National Economy and Public Administration in Moscow.”


2015 ◽  
Vol 89 (17) ◽  
pp. 8668-8670
Author(s):  
Alan Dove

This article condenses some highlights from a presentation that I have now given at several universities about the bench-to-newsroom career path. For readers who simply want a short explanation of how to parlay their hard-earned critical-thinking skills from graduate school into a lucrative job in a growing industry, go to law school.


2011 ◽  
Vol 49 (3) ◽  
pp. 730-733

Michael S. Barr of University of Michigan Law School reviews “Seeds of Destruction: Why the Path to Economic Ruin Runs through Washington, and How to Reclaim American Prosperity” by Glenn Hubbard and Peter Navarro. The EconLit Abstract of the reviewed work begins “Presents a bipartisan blueprint for reversing America's economic decline through sustained growth. Discusses when America's four growth drivers stall and our economy stagnates; how to lift the American economy with the ten levers of growth; whether an easy-money street is a dead end; whether you can stimulate your way to prosperity; whether raising taxes lowers America's growth rate; whether the best “jobs program” may be trade reform; whether America's foreign oil addiction stunts our growth; cutting the Gordian knot of entitlements; whether Obama's health care plan makes our economy sick; how to prevent another financial crisis--and housing bubble; and how to implement the Seeds of Prosperity policy blueprint. Hubbard is Dean of Columbia Business School. Navarro is a business professor at the University of California, Irvine. Index.”


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