2010

Economics
A N D Business
H a r v a r d U n i v e r s i t y P r e s s
A N D
2
www. hup. harvard. edu / 1-800-405-1619 ( i n U. S. onl y)
Featured Titles ..............................................2
Books for the Economic Crisis .....................6
International Economics...............................7
Economic & Business History......................8
Political Economy.......................................12
Social Economics ........................................15
Law & Economics ......................................18
Textbooks for Course Use...........................20
History of Economic Thought...................21
For Your Personal Library...........................22
Index...........................................................22
Order Form.................................................23
table of contents
NEW
A FAILURE OF CAPITALISM
The Crisis of 08 and the Descent into Depression
RICHARD A. POSNER
The financial and economic crisis that began in 2008 is the most alarming of our
lifetime because of the warp-speed at which it is occurring. Richard Posner presents
a concise and non-technical examination of this mother of all financial disasters
and of the, as yet, stumbling efforts to cope with it.
Lively, readable, and plainspokenPosner has an extraordinarily sharp mind.
ROBERT M. SOLOW, NEW YORK REVIEW OF BOOKS
A surprising volume that explains what happened to the banking system and
economy in terms the lay reader can easily understand[Posners] critique is
bracing, all the more so because it comes from a right-leaning thinker normally
hostile to the ministrations of government bureaucrats.
PAUL M. BARRETT, WASHINGTON POST BOOK WORLD
Before seeking political asylum in free-market Hong Kong, consider reading a new book that
critiques what went wrong with capitalism, written in order to save it. Judge Richard Posners
A Failure of Capitalism is noteworthy. As a longtime University of Chicago professor and father
of the free-market-based law-and-economics movement, Judge Posner makes an unlikely critic
of capitalism. But as author of some 40 books and as the most frequently cited federal appeals
court jurist, he is also one of our most original and clearheaded thinkers.
L. GORDON CROVITZ, WALL STREET JOURNAL
2009 368 pp. Cloth $23.95 / 17.95 ISBN 978-0-674-03514-0
NEW in paperback
THE RACE BETWEEN EDUCATION AND TECHNOLOGY
CLAUDIA GOLDIN AND LAWRENCE F. KATZ
The Richard A. Lester Award for the Outstanding Book
in Industrial Relations and Labor Economics
R. R. Hawkins Award, Association of American Publishers
The American educational system has made America the richest nation in the
world. During the first eight decades of the twentieth century, the increase of
educated workers was higher than the demand for them. This had the effect of
boosting income and lowering inequality. However, the reverse has been true
since 1980. The authors discuss the complex reasons for this, and what might
be done to ameliorate it.
Essential reading.
THOMAS F. COOLEY, FORBES
One of the most important books of the year.
NICHOLAS D. KRISTOF, NEW YORK TIMES
[Goldin and Katz] tackle the most important U.S. economic trend, and, hence, most critical
domestic issuegrowing income inequality[America] now has the most unequal income and
wage distributions of any high-income nationThe good news is that if Goldin and Katz are
right, the cure for income inequality is one most Americans would intuitively support: improving
mass education.
CHRYSTIA FREELAND, FINANCIAL TIMES
Belknap 2009; 2008 51 line illus., 42 tables 496 pp.
Cloth $39.95 / 29.95 ISBN 978-0-674-02867-8 Paper $19.95 / 14.95 ISBN 978-0-674-03530-0
F E A T U R E D T I T L E S
3
NEW
THE CREATION AND DESTRUCTION OF VALUE
The Globalization Cycle
HAROLD JAMES
Harold James examines the vulnerability and fragility of processes of globalization,
both historically and in the present. This book applies lessons from past break-
downs of globalizationabove all in the Great Depressionto show how financial
crises provoke backlashes against global integration: against the mobility of capital
or goods, but also against flows of migration. The book shows the looming psycho-
logical and material consequences of an interconnected world for people and the
institutions they create.
The reflections of Harold Jameswould be of interest even in times more tranquil than these. But
at a moment when the march of global integration has been stalled by a financial crisis unparalleled
since the 1930s, James is a particularly fitting guideAt a time when economists are accused of hav-
ing forgotten history, yet few historians can explain the world of bank bail-outs and the turmoil they
cause, James has a rare gift for being able to marshal an impressive knowledge of economic and finan-
cial history in order to highlight previously unrecognized connections with the past.
THE ECONOMIST
From the current vantage pointrising stock prices amid a weak economic recovery and double-digit
unemploymentit is too soon to know whether the current crisis will be remembered as a financial
shock that failed to throw off the trajectory of globalization, or if it marks the start of a more funda-
mental re-ordering. James modestly and appropriately avoids trying to answer that question. But he
asks all the right ones, offering a brilliant tour through the Great Depression and the current crisis.
EDWARD ALDEN, FORBES.COM
No one is better qualified than Harold James to explore the similarities and differences between re-
cent events and the early 1930s. A model of lucid exposition, The Creation and Destruction of Value
confirms that if you want to understand our current predicament, history is a much better guide than
economics.
NIALL FERGUSON, AUTHOR OF THE ASCENT OF MONEY
2009 7 figures 336 pp. Cloth $19.95 / 14.95 ISBN 978-0-674-03584-3
NEW
THE IDEA OF JUSTICE
AMARTYA SEN
A New Statesman Top Ten Book of the Decade
An Economist Best Book of the Year
A Globe and Mail Best Book of the Year
In the courtliest of tones, Sen charges John Rawls, an American philosopher
who died in 2002, with sending political thinkers up a tortuous blind alley
The Idea of Justice serves also as a commanding summation of Sens own work
on economic reasoning and on the elements and measurement of human
well-beingThe Idea of Justice is a contribution of the highest rank.
THE ECONOMIST
In this intricate, endlessly thought-provoking book, Sen brings the full force of his formidable mind
and his moral sense to show how specific questionsof chronic malnourishment, ill-health, demo-
graphic gender imbalancemust be analysed in terms of justice. Doing something about them is not
a discretionary matterit is a requirement of being human. Sen is the most sophisticated intellectual
campaigner of our times.
SUNIL KHILNANI, FT.COM
[Sens] book quite radically attempts to shift the grounds of the conversation [about justice] altogether.
It seeks to provide a counter-framework rather than a counter-theory. And this is only one of its many
admirable ambitionsThe repudiation of the economicist account of life is one of this books most
valuable achievementsThe spectacle of an economist rejecting a purely economic understanding of
the individual is delightful to beholdHis workin its simultaneous affirmation of the universal and
the particularserves as an eloquent and humane testimony to the power of reason.
MOSHE HALBERTAL, NEW REPUBLIC
Belknap 2009 496 pp. Cloth $29.95 / NA ISBN 978-0-674-03613-0
F E A T U R E D T I T L E S
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NEW
NATURAL EXPERIMENTS OF HISTORY
EDITED BY JARED DIAMOND AND JAMES A. ROBINSON
This book consists of eight comparative studies drawn from history, archaeology,
economics, economic history, geography, and political science. The studies cover
a spectrum of approaches, ranging from a non-quantitative narrative style in the
early chapters to quantitative statistical analyses in the later chapters. The societies
discussed are contemporary ones, literate societies of recent centuries, and non-
literate past societies. Geographically, they include the United States, Mexico,
Brazil, western Europe, tropical Africa, India, Siberia, Australia, New Zealand,
and other Pacific islands.
A superb collection of eminently teachable essays bound together by a common methodological
framework that connects it directly to cutting-edge theoretical and empirical research across the
disciplines of anthropology, archeology, history, political science, and sociology.
JOHN COATSWORTH, COLUMBIA UNIVERSITY
Natural Experiments of History reaches across a wide variety of disciplines, in ways that should be
accessible to just about every educated reader. It is tied together not by topic or region but by the idea
that we can make useful and insightful comparisons in ways that are not casual or sloppy, but actually
contribute to our understanding of human life.
JEFFRY FRIEDEN, HARVARD UNIVERSITY
Belknap 2010 14 figures, 5 maps, 7 tables 288 pp. Cloth $29.95 / 22.95 ISBN 978-0-674-03557-7
NEW
THE RETURN TO KEYNES
EDITED BY BRADLEY BATEMAN, TOSHIAKI HIRAI,
AND MARIA CRISTINA MARCUZZO
Keynesian economics, which proposed that the government could use monetary
and fiscal policy to help the economy avoid the extremes of recession and inflation,
held sway for thirty years after World War II. However, it was discredited after the
stagflation of the 1970s, only to see a rebirth, most dramatically illustrated during
the past year when central banks have pumped billions of dollars of liquidity into
the worlds financial system to address the crises of confidence, illiquidity, and
insolvency that were triggered by the sub-prime lending crisis. The Return to Keynes puts Keynesian
economics in a fresh perspective in order to assess this surprising new era in economic policy making.
During the 1990s, John Maynard Keynes, and Keynesian economics, were declared to be well and
truly dead. Then came the financial and economic crises of 2008 and they were reborn as a way of
understanding economies with significant unemployment. This excellent collection of essays, brought
together by three prominent scholars of Keynes and Keynesian policy, will be a convenient way for
those who have forgotten Keynesian economics to refresh themselves, and for others to learn for the
first time.
CRAUFURD GOODWIN, DUKE UNIVERSITY
This fascinating collection of papers addresses the current status and relevance of Keynes from a
number of perspectives: the return of macroeconomic policy activism, the state of modern macro-
economics, the recent scholarship of Keyness life and work, and some elements of Keyness work that
might be relevant to the current crisis. The authors backgrounds are diverse and their scholarship
often cutting edge. A fine guide to the present state of play.
D. E. MOGGRIDGE, UNIVERSITY OF TORONTO
Belknap 2010 15 figures, 1 table 284 pp. Cloth $49.95 / 36.95 ISBN 978-0-674-03538-6
F E A T U R E D T I T L E S
5
NEW
TO SERVE GOD AND WAL-MART
The Making of Christian Free Enterprise
BETHANY MORETON
This extraordinary biography of Wal-Marts world shows how a Christian pro-
business movement grew from the bottom up as well as the top down, bolstering
an economic vision that sanctifies corporate globalization.
Much of what we learn from Moretons bookraises serious doubts about
whether the corporations influence has been positive on balance. But in the
process of describing the downside of Wal-Mart, [she] offers penetrating insights into why the chain
has been so phenomenally successfulMoreton offers a gracefully written and meticulously re-
searched account of why people not only have been willing to work for the company, but often have
also developed fierce loyalty to it.
ROBERT FRANK, NEW YORK TIMES BOOK REVIEW
An engaging account of how a discount five-and-dime store conceived in the rural American Ozarks
became the template for service work in the global economy[Moreton offers] an explanation of the
paradox that political pundits have pondered in recent years: why many middle Americans prioritize
conservative social issues ahead of government policies that would presumably be in their economic
self-interest.
REBEKAH PEEPLES MASSENGILL, TIMES HIGHER EDUCATION
To Serve God and Wal-Mart should become a standard text in business history coursesIn
performing a deliberate inversion of more conventional approaches to business history, To Serve
God and Wal-Mart greatly enriches our understanding of both Wal-Mart and the Sun Belt service
economy.
ANGUS BURGIN, ENTERPRISE AND SOCIETY
2009 12 halftones, 1 map 392 pp. Cloth $27.95 / 20.95 ISBN 978-0-674-03322-1
NEW
BETTER LIVING THROUGH ECONOMICS
EDITED BY JOHN J. SIEGFRIED
Economists were obviously instrumental in revising the consumer price index
and in devising auctions for allocating spectrum rights to cell phone providers in
the 1990s. But perhaps more surprisingly, economists built the foundation for
eliminating the military draft in favor of an all-volunteer army in 1973, for pass-
ing the Earned Income Tax Credit in 1975, for deregulating airlines in 1978,
for adopting the welfare-to-work reforms during the Clinton administration,
and for implementing the Pension Reform Act of 2006 that allowed employers
to automatically enroll employees in a 401(k). Better Living through Economics consists of twelve case
studies that demonstrate how economic research has improved economic and social conditions over the
past half century by influencing public policy decisions.
The contributors to this volume are in each case economists who have been in the forefront in apply-
ing economic analysis in a policy setting. Their essays are concise, clear, and consistently written at a
level within the reach of undergraduate economics students. Each addresses an area of public policy in
which economic reasoning and research methods have been applied successfully to generate a policy
change or refinement, leading to a large increase in welfare.
RICHARD CAVES, HARVARD UNIVERSITY
The contributions are uniformly excellent and written by top economists.
TYLER COWEN, MARGINALREVOLUTION.COM
2009 18 line illus., 7 tables 324 pp. Cloth $45.00 / 33.95 ISBN 978-0-674-03618-5
F E A T U R E D T I T L E S
NEW in paperback
SURVIVING LARGE LOSSES
Financial Crises, the Middle Class, and
the Development of Capital Markets
PHILIP T. HOFFMAN, GILLES POSTEL-VINAY,
AND JEAN-LAURENT ROSENTHAL
We are reeling from the worst financial crisis in decades. But if we heed historys
lessons, our financial meltdown will ultimately have beneficial consequences.
Surviving Large Losses shows how past crises have led to stronger financial institu-
tions and even renewed growth.
[An] engaging small bookThe authors make a good case for the importance
of history, and the lessons from this brief book are clearer than most.
PETER TEMIN, JOURNAL OF INTERDISCIPLINARY HISTORY
A worthy companion to Kindlebergers [Manias, Panics, and Crashes: A History of Financial Crises],
perhaps even an alternative to it.
DAVID WARSH, ECONOMICPRINCIPALS.COM
A timely book. It is also provocative in trying to do something no one has done before, namely
provide a comprehensive political economy analysis of several centuries of financial crises and their
effects on the development of financial systems.
RICHARD SYLLA, JOURNAL OF ECONOMIC HISTORY
The authors of this book, academics in the fields of history, social sciences, and economics, have
done more than write a history of financial crises; rather, they explain the nature of these crises by
putting economic theory into plain English.
R. J. PHILLIPS, CHOICE
Belknap 2009; 2007 2 line illus., 1 table 272 pp.
Paper $17.95 / 13.95 ISBN 978-0-674-03636-9
ADAMS FALLACY
A Guide to Economic Theology
DUNCAN K. FOLEY
Foley gets deep into the analytical content of major schools of thought,
ranking Adams Fallacy up there with Heilbroners classic.
ROBERT SOLOW, NEW YORK REVIEW OF BOOKS
[A] passionate book, to be welcomed in a discipline notably devoid of
passion. [Adams Fallacy] can be read for pleasure and enlightenment by
economists and non-economists alike.
DAVID THROSBY, TIMES LITERARY SUPPLEMENT
Belknap 2008; 2006 7 line illus., 1 table 288 pp.
Paper $17.95 / 14.95 ISBN 978-0-674-02729-9
6
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Why Wages Dont
Fall during a
Recession
Truman F. Bewley
2002; 1999 24 line illus.,
104 tables 544 pp.
Paper $31.50 / 23.95
ISBN 978-0-674-00943-1
The End of
Globalization
Lessons from the
Great Depression
Harold James
2002; 2001 5 line illus.,
8 tables 272 pp.
Paper $23.50 / 17.95
ISBN 978-0-674-01007-9
When All Else Fails
Government as the Ultimate Risk Manager
David A. Moss
Kulp-Wright Book Award,
Sponsored by the American Risk
and Insurance Association, Inc.
2004; 2002 4 line illus., 13 tables 464 pp.
Paper $23.50 / 17.95 ISBN 978-0-674-01609-5
B O O K S F O R T H E E C O N O M I C C R I S I S
THE ORGANIZATION OF
FIRMS IN A GLOBAL ECONOMY
EDITED BY ELHANAN HELPMAN,
DALIA MARIN, AND THIERRY VERDIER
This is no ordinary conference volume. It is
an integral part of new and important devel-
opments in research that is presently trans-
forming the field of international trade.
HARRY FLAM,
STOCKHOLM UNIVERSITY
This outstanding volume will become
essential reading for graduate-level courses
in international trade.
STEPHEN REDDING,
LONDON SCHOOL OF ECONOMICS
2008 44 line illus., 35 tables 368 pp.
Cloth $55.00 / 40.95 ISBN 978-0-674-03081-7
BRAND NEW CHINA
Advertising, Media,
and Commercial Culture
JING WANG
Brand New China uses the methodology
and perspectives of cultural analysis to
produce a detailed study of branding and
advertising in ChinaThe book is original,
well researched and based on a wide-ranging
appreciation of both popular and literary
Chinese culture.
DELIA DAVIN, TIMES HIGHER
EDUCATION SUPPLEMENT
In Brand New China, Jing Wang uses
Chinese advertising as an optic through
which to scrutinize this tension between
Eastern and Western approaches to the
marketHer book is a thoroughly enjoy-
able and well-written tour dhorizon of
branding and advertising strategy.
JOHN FEFFER, THE NATION
2009 12 halftones, 8 tables 432 pp.
Cloth $28.95 / 21.95 ISBN 978-0-674-02680-3
Paper $18.95 / 14.95 ISBN 978-0-674-04708-2
7
NEW in paperback
CAPITAL RULES
The Construction
of Global Finance
RAWI ABDELAL
The rise of global financial mar-
kets in the last decades of the
twentieth century was premised
on the idea that capital ought to
flow across borders with mini-
mal restriction and regulation.
Freedom for capital movements
became the new orthodoxy. In
an intellectual history of finan-
cial globalization, Rawi Abdelal
shows that this was not always
the case.
[Abdelal] tells a fascinating
(and largely unknown) tale:
how a clutch of French social-
ists helped to upend economic
orthodoxy and lead the charge
for lifting restrictions on capi-
tal flows within Europe and
throughout the worldThe
book is a mix of accessible
political history and counter-
intuitive insight, bringing
to our attention one of the
most important, and least
appreciated, developments in
the postwar global economy.
MATTHEW REES,
WALL STREET JOURNAL
Brilliant and authoritative
This book deserves the widest
general audience.
ROBERT KUTTNER,
AMERICAN PROSPECT
2009; 2006 8 tables 320 pp.
Cloth $55.50 / 41.95
ISBN 978-0-674-02369-7
Paper $19.95 / 14.95
ISBN 978-0-674-03455-6
The Mystery of
Economic Growth
Elhanan Helpman
Belknap 2004
28 line illus. 240 pp.
Cloth $26.95 / 19.95 OIP
ISBN 978-0-674-01572-2
Paper $19.95 / 14.95 OISC
ISBN 978-0-674-04605-4
The New Argonauts
Regional Advantage in
a Global Economy
AnnaLee Saxenian
2007; 2006 1 halftone,
5 line illus., 1 table 432 pp.
Paper $20.00 / 14.95
ISBN 978-0-674-02566-0
I N T E R N A T I O N A L E C O N O M I C S
Chinas New Order
Society, Politics, and
Economy in Transition
Wang Hui
Edited and translated by
Theodore Huters
Translated by Rebecca E. Karl
2006; 2003 256 pp.
Paper $17.00 / 12.95
ISBN 978-0-674-02111-2
NEW
COMMONWEALTH
MICHAEL HARDT AND ANTONIO NEGRI
When Empire appeared in 2000, it defined the political and economic challenges
of the era of globalization and, thrillingly, found in them possibilities for new and
more democratic forms of social organization. Now, with Commonwealth, Michael
Hardt and Antonio Negri conclude the trilogy begun with Empire and continued
in Multitude, proposing an ethics of freedom for living in our common world and
articulating a possible constitution for our common wealth.
Commonwealth [is] the latest book by Michael Hardt and
Antonio Negri, whose Empire and Multitude have, arguably, been
the dominant works of political philosophy of the new century
[Its] the much-anticipated final volume of the Empire trilogy.
ARTFORUM
Everyone seems to agree that our economic system is broken, yet
the debate about alternatives remains oppressively narrow. Hardt
and Negri explode this claustrophobic debate, taking readers to
the deepest roots of our current crises and proposing radical,
and deeply human, solutions. There has never been a better
time for this book.
NAOMI KLEIN,
AUTHOR OF THE SHOCK DOCTRINE
Belknap 2009 448 pp.
Cloth $35.00 / 25.95 ISBN 978-0-674-03511-9
8
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Empire
Michael Hardt
and Antonio Negri
2001; 2000 504 pp.
Paper $24.00 / 17.95
ISBN 978-0-674-00671-3
NEW
SELLING SOUNDS
The Commercial Revolution
in American Music
DAVID SUISMAN
David Suismans Selling Sounds
explores the rise of music as big
business and the creation of a
radically new musical culture.
It maps the growth of the music
business across the social land-
scapein homes, theaters, de-
partment stores, schoolsand analyzes the effect of
this development on everything from copyright law to
the sensory environment. While music came to resem-
ble other consumer goods, its distinct properties as
sound ensured that its commercial growth and social
impact would remain unique. Selling Sounds reveals
the commercial architecture of Americas musical life.
A fascinating, well-written, richly detailed story
of how music became a commodity in America
[Suismans] scholarship is amazingly wide-ranging.
WILLIAM F. GAVIN, WASHINGTON TIMES
Virgins music emporium will soon become a thing
of the past: Like so many other retail music stores of
late, it has announced that it is going out of business.
The story of Selling Sounds, then, is especially timely.
KEN EMERSON, WALL STREET JOURNAL
Suismantell[s] an alluring story.
GEORGE ANDERS, FORBES.COM
[A] meticulously researched history of [the music
industrys] early days.
MARK ATHITAKIS, WASHINGTON POST
2009 41 halftones 368 pp.
Cloth $29.95 / 22.95 ISBN 978-0-674-03337-5
NEW
DARKER THAN BLUE
On the Moral Economies
of Black Atlantic Culture
PAUL GILROY
Paul Gilroy seeks to awaken a new under-
standing of W. E. B. Du Boiss intellectual
and political legacy. At a time of economic
crisis, environmental degradation, ongoing
warfare, and heated debate over human
rights, Gilroy revitalizes the study of African
American culture, tracing the shifting charac-
ter of black intellectual and social move-
ments, and showing how we can construct an
account of moral progress that reflects todays
complex realities.
ProvocativeInsightfulRaise[s] pro-
found questions about race, democracy, and
citizenship in the age of Obama.
PENIEL E. JOSEPH, BOOKFORUM
A shrewd and invigorating discussion
Gilroy demonstrates how understanding
black experience is crucial in any serious
study of modernity itself, at a time when
global capitalism trades evermore in Ameri-
can-inflected styles of blackness, while
simultaneously maintaining and reinforcing
lines of racial and class subjugation[A]
highly rewarding read for anyone interested
in the social and political significance of mass
culture or the historically laden language of
human rights in a postcolonial age.
PUBLISHERS WEEKLY
Belknap / The W. E. B. Du Bois Lectures
2009 224 pp.
Cloth $22.95 / 16.95 ISBN 978-0-674-03570-6
E C O N O M I C & B U S I N E S S H I S T O R Y
9
NEW
THE GRAND STRATEGY OF THE BYZANTINE EMPIRE
EDWARD N. LUTTWAK
The Grand Strategy of the Byzantine Empire is a broad, interpretive account of Byzan-
tine strategy, intelligence, and diplomacy over the course of eight centuries that will
appeal to scholars, classicists, military history buffs, and professional soldiers.
This book is good history as well as being an insightful commentary on strat-
egyLuttwak does an excellent job of describing the intelligence system of the
Eastern empire, from its tactical use of scouting and patrolling to its strategic use
of spies and double agents in the courts of its enemiesLuttwak does a great
service in giving us a readable account of how the Byzantines managed national-
security strategy in a way that should be useful to contemporary soldiers and
civilian policymakers. It is also a very good read.
GARY ANDERSON, WASHINGTON TIMES
An impassioned bookHistorically remote as they are, the Byzantines may
have something to teach Americans about long-term survival.
ERIC ORMSBY, WALL STREET JOURNAL
Belknap 2009 13 maps 512 pp. Cloth $35.00 / 25.95 ISBN 978-0-674-03519-5
NEW
INDIAN WORK
Language and Livelihood in Native American History
DANIEL H. USNER, JR.
Representations of Indian economic life have played an integral role in discourses
about poverty, social policy, and cultural difference but have received surprisingly lit-
tle attention. Daniel Usner dismantles ideological characterizations of Indian liveli-
hood to reveal the intricacy of economic adaptations in American Indian history.
Officials, reformers, anthropologists, and artists produced images that exacerbated
Indians economic uncertainty and vulnerability. European American ideologies not
only obscured Indian struggles for survival but also operated as obstacles to their suc-
cess. Indians repeatedly found themselves working in spaces that reinforced misrepre-
sentation and exploitation. Taking advantage of narrow economic opportunities
often meant risking cultural integrity and personal dignity: while sales of baskets
made by Louisiana Indian women contributed to their identity and community, it
encouraged white perceptions of passivity and dependence. When non-Indian con-
sumption of Indian culture emerged in the early twentieth century, even this friend-
lier market posed challenges to Indian labor and enterprise. The consequences of this
dilemma persist today.
2009 12 halftones 214 pp. Cloth $49.95 / 36.95 ISBN 978-0-674-03349-8
NEW in paperback
SHAPING THE INDUSTRIAL CENTURY
The Remarkable Story of the Evolution of
the Modern Chemical and Pharmaceutical Industries
ALFRED D. CHANDLER, JR.
The dean of business historians continues his masterful chronicle of the transforming revolutions of
the twentieth century begun in Inventing the Electronic Century. Alfred Chandler argues that only with
consistent attention to research and development and an emphasis on long-term corporate strategies
could firms remain successful over time. He details these processes for nearly every major chemical and
pharmaceutical firm, demonstrating why some companies forged ahead while others failed.
Chandler does a remarkable job of covering the development of two industries that changed the
world in the twentieth century.
JOHN EMSLEY, TIMES HIGHER EDUCATION SUPPLEMENT
A dynamic demonstration of how strategy takes precedence over structure in determining the
ongoing success or failure of an industry that has reached its mature phase.
JOHN K. SMITH, JR., BUSINESS HISTORY REVIEW
Harvard Studies in Business History 2009; 2005 7 tables, 3 charts 384 pp.
Cloth $29.95 / 22.95 ISBN 978-0-674-01720-7
Paper $21.95 / 16.95 ISBN 978-0-674-03221-7
E C O N O M I C & B U S I N E S S H I S T O R Y
A NATION OF
COUNTERFEITERS
Capitalists, Con Men, and the
Making of the United States
STEPHEN MIHM
Mihms creative account of the
early American economy shines,
spotlighting the on-the-edge
inventiveness, and over-the-edge
cons, that have made the United
States so rich in risk, reward and
redemption.
STEPHEN KOTKIN,
NEW YORK TIMES
A brilliant description of a time
in American history that seems
at once distant and familiar.
STEVE FRASER,
THE NATION
2009; 2007 37 halftones 472 pp.
Paper $18.95 / 14.95
ISBN 978-0-674-03244-6
DOMINANCE
BY DESIGN
Technological Imperatives and
Americas Civilizing Mission
MICHAEL ADAS
An excellent and most timely
study of the oft-forgotten role of
technology in enabling and then
justifying European colonization
of North America, the westward
expansion of the United States,
and ultimately the emergence of
the United States as a global
power.
JOHN H. MORROW,
TECHNOLOGY
AND CULTURE
Belknap 2009; 2005
18 halftones 480 pp.
Paper $19.95 / 14.95
ISBN 978-0-674-03216-3
REPUBLIC
OF DEBTORS
Bankruptcy in the
Age of American
Independence
BRUCE H. MANN
SHEAR Prize of the
Society for Historians
of the Early American
Republic
Littleton-Griswold
Prize of the American
Historical Association
J. Willard Hurst Prize for the
Best Book on the History of
American Law and Society
[A] gripping account of being
in debt in the land of the free
Mann employs his considerable
talents to bring to life a world
where much that seems normal
and logical to us now like a uni-
fied currency, or the fact that
you cannot pay off a debt if you
are stuck in jail was not. Manns
genius is to explain in clear and
human terms the legal and eco-
nomic intricacies by which early
American creditors and debtors
lived and died.
EVAN HAEFELI,
WASHINGTON TIMES
2009; 2002 1 halftone 358 pp.
Paper $18.95 / 14.95
ISBN 978-0-674-03241-5
10
www. hup. harvard. edu / 1-800-405-1619 ( i n U. S. onl y)
NEW in paperback
PROPHET OF INNOVATION
Joseph Schumpeter and Creative Destruction
THOMAS K. MCCRAW
Hagley Prize in Business History
Joseph J. Spengler Best Book Award, History of Economics Society
Schumpeter Prize
A Spectator Best Read of the Year
A Library Journal Best Business Book of the Year
The destruction of businesses, fortunes, products, and careers is the price of
progress toward a better material life. No one understood this economic principle
better than Joseph Schumpeter, who made his mark as the prophet of incessant change. This biography
paints the full portrait of a magnetic figure who aspired to become the worlds greatest economist, lover,
and horsemanand admitted to failure only with the horses.
[Schumpeters] private life was no less fascinating than his public message. In Prophet of Innovation,
Thomas McCraw artfully weaves the two together.
DAN SELIGMAN, WALL STREET JOURNAL
McCraw doesnt get lost in the baroque details of Schumpeters storyhow many economists ever
fought a duel?or in the arcana of his theories, achieving a balance that his brilliant and restless
subject rarely did in life.
NEW YORKER
Belknap 2009; 2007 68 halftones 736 pp.
Cloth $35.00 / 25.95 ISBN 978-0-674-02523-3 Paper $19.95 / 14.95 ISBN 978-0-674-03481-5
E C O N O M I C & B U S I N E S S H I S T O R Y
11
Killing for Coal
Americas Deadliest Labor War
Thomas G. Andrews
Bancroft Prize,
Columbia University
Spence Award,
Mining History Association
George Perkins Marsh Prize,
Best Book in Environmental
History, American Society for
Environmental History
Vincent P. DeSantis Book Prize,
Sponsored by the Society for
Historians of the Gilded Age
and Progressive Era
Colorado Book Award, History
Caroline Bancroft History Prize,
Denver Public Library
Honorable Mention, Hundley
Prize, Awarded by the Pacific
Coast Branch of the American
Historical Association
Finalist, Clements Prize,
Awarded by the Clements Center
at SMU, Southwest History
Noteworthy Book in Industrial
Relations and Labor Economics,
Industrial Relations Section
of Princeton Firestone Library
2008 30 halftones, 4 maps 408 pp.
Cloth $29.95 / 22.95
ISBN 978-0-674-03101-2
A Hundred Horizons
The Indian Ocean in the
Age of Global Empire
Sugata Bose
2009; 2006 22 halftones,
1 map 352 pp.
Paper $18.95 / 14.95 OIP
ISBN 978-0-674-03219-4
Plantation Enterprise in
Colonial South Carolina
S. Max Edelson
George C. Rogers, Jr.,
Book Award,
South Carolina
Historical Society
Theodore Saloutos
Memorial Book Award,
The Agricultural
History Society
2006 6 halftones, 1 line illus.,
5 maps, 15 tables 400 pp.
Cloth $50.00 / 37.95
ISBN 978-0-674-02303-1
Ruling America
A History of Wealth and
Power in a Democracy
Edited by Steve Fraser
and Gary Gerstle
2005 384 pp.
Paper $21.00 / 15.95
ISBN 978-0-674-01747-4
Rulers, Guns, and Money
The Global Arms Trade
in the Age of Imperialism
Jonathan A. Grant
2007 5 tables 304 pp.
Cloth $52.50 / 38.95
ISBN 978-0-674-02442-7
Family Capitalism
Wendels, Haniels, Falcks, and the
Continental European Model
Harold James
Belknap 2006 23 halftones,
19 line illus., 3 maps, 3 tables 448 pp.
Cloth $39.95 / 29.95
ISBN 978-0-674-02181-5
Pull
Networking and Success since
Benjamin Franklin
Pamela Walker Laird
Harold F. Williamson Prize,
Business History Conference
Hagley Prize in Business History,
The Business History Conference
& The Hagley Museum
Harvard Studies in Business History
2007; 2005 16 halftones 464 pp.
Paper $20.00 / 14.95
ISBN 978-0-674-02553-0
A Culture of Credit
Embedding Trust and Transparency
in American Business
Rowena Olegario
Harvard Studies in Business History
2006 288 pp.
Cloth $44.50 / 32.95
ISBN 978-0-674-02340-6
Born Losers
A History of Failure in America
Scott A. Sandage
Thomas J. Wilson Prize
2006; 2004 30 halftones 384 pp.
Paper $19.00 / 14.95
ISBN 978-0-674-02107-5
Made to Break
Technology and Obsolescence
in America
Giles Slade
Independent Publisher
Book Award,
Environment/Ecology/Nature
2007; 2006 336 pp.
Paper $17.00 / 12.95
ISBN 978-0-674-02572-1
E C O N O M I C & B U S I N E S S H I S T O R Y
NEW in paperback
STARVED FOR SCIENCE
How Biotechnology Is Being Kept Out of Africa
ROBERT PAARLBERG
Foreword by Norman Borlaug and Jimmy Carter
In Starved for Science Robert Paarlberg explains why poor African farmers are de-
nied access to productive technologies, particularly genetically engineered seeds
with improved resistance to insects and drought. He traces this obstacle to the cur-
rent opposition to farm science in prosperous countries. Having embraced agricul-
tural science to become well-fed themselves, those in wealthy countries are now
instructing Africans on the most dubious grounds not to do the same.
Europeans, who have so much food they do not need the help of science to
make more, are pushing their prejudices on Africa, which still relies on foreign
aid to feed its people. [Paarlberg] calls on global policymakers to renew invest-
ment in agricultural science and to stop imposing visions of organic food purity
on a continent that has never had a green revolution. As governments look
for ways of tackling what is now commonly called a global food crisis with
unprecedented price increases in basic foodstuffs, this book offers welcome
food for thought.
JENNY WIGGINS, FINANCIAL TIMES
2009; 2008 3 halftones, 1 line illus., 2 tables 256 pp.
Paper $16.95 / 12.95 ISBN 978-0-674-03347-4
NEW in paperback
A GOVERNMENT ILL EXECUTED
The Decline of the Federal Service and How to Reverse It
PAUL LIGHT
Foreword by Paul A. Volcker
Everyone running for Congress should read this book. If our political leaders do
not confront this pattern of desperate concern, says this sober scholar, they are
likely to preside over a string of meltdowns that will make the federal response to
Hurricane Katrina look like a minor mistake.
BILL MOYERS, BILL MOYERS JOURNAL
This book provides an important contribution to the literature on federal per-
sonnel, and it should be required reading among scholars who study the federal
bureaucracy, the U.S. presidency, and public administration.
A. L. WARBER, CHOICE
2009; 2008 27 tables 288 pp.
Cloth $45.00 / 33.95 ISBN 978-0-674-02808-1
Paper $18.95 / 14.95 ISBN 978-0-674-03478-5
NEW in paperback
WORST-CASE SCENARIOS
CASS R. SUNSTEIN
Nuclear bombs in suitcases, anthrax bacilli in ventilators, tsunamis, avian flu: nightmares that were once
the plot of Hollywood movies are now frighteningly real possibilities. How can we steer a path between
willful inaction and reckless overreaction? Cass Sunstein explores how we might best prevent these and
other worst-case scenarios in this vivid and illuminating analysis.
Sunsteins book is best when he discusses how we weigh up the costs of protecting ourselves against
the benefits of doing so. Many object to cost-benefit analysis, regarding it as cold and mechanical,
particularly the placing of monetary value on human lives. Sunstein accepts it is a rough instrument,
but he argues that many of us implicitly use it.
MICHAEL SKAPINKER, FINANCIAL TIMES
Sunstein writes engagingly, though in a way that scolds us a little for our irrational foibles; and he
can illuminate very complex areas of rational choice theoryso that intelligent thought about deci-
sion-making in conditions of uncertainty is brought within reach of the sort of non-specialist reader
who is likely to have a practical or political interest in these matters.
JEREMY WALDRON, LONDON REVIEW OF BOOKS
2009; 2007 13 tables 352 pp. Paper $18.95 / 14.95 ISBN 978-0-674-03251-4
12
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P O L I T I C A L E C O N O M Y
INSTITUTIONS AND
ECONOMIC PERFORMANCE
EDITED BY ELHANAN HELPMAN
Why are some societies but not others able to encourage investments in
places, people, and productivity? This book delivers a powerful message that
the answer lies in large part in institutional differences across societies. It is
the most successful interdisciplinary endeavor in the social sciences that I
have ever had the pleasure to read.
DANIEL TREFLER, UNIVERSITY OF TORONTO
A first-rate book that bridges theory, history, and empirical analysis.
NATHAN SUSSMAN, HEBREW UNIVERSITY
2008 50 line illus., 59 tables 624 pp. Cloth $55.00 / 40.95 ISBN 978-0-674-03077-0
WHY THE GARDEN CLUB
COULDN T SAVE YOUNGSTOWN
The Transformation of the Rust Belt
SEAN SAFFORD
This extraordinary look inside the fates of two down-and-out Rust Belt
citieshow one came back from decline and the other went into a death
spiralhas lessons for cities everywhere. It challenges the benefits of being a
tight-knit community and shows, instead, that the people who bridge and
connect among a citys networks prove most valuable. So who are your citys
connectors? If you dont know, youd better find out.
CAROL COLETTA, PRESIDENT AND CEO, CEOS FOR CITIES
A fascinating studyWhy the Garden Club Couldnt Save Youngstown
has important lessons for scholars and policymakers interested in economic
adaptation.
ANNALEE SAXENIAN, AUTHOR OF THE NEW ARGONAUTS
2008 16 line illus., 20 tables 224 pp. Cloth $29.95 / 22.95 ISBN 978-0-674-03176-0
CAPITALISTS, WORKERS,
AND FISCAL POLICY
A Classical Model of Growth and Distribution
THOMAS R. MICHL
Drawing on the work of the classical-Marxian economists and their modern suc-
cessors, Capitalists, Workers, and Fiscal Policy sets forth a new model of economic
growth and distribution, and applies it to two major policy issues: public debt and
social security.
A chief message of the book is that fiscal debt redistributes wealth in favor of
the already wealthy and thus increases the polarization of society between rich
and poor. An original and thought-provoking treatise.
HEINZ D. KURZ, UNIVERSITY OF GRAZ
2008 50 line illus., 13 tables 320 pp. Cloth $55.00 / 40.95 ISBN 978-0-674-03167-8
THE ORIGINS OF EUROPES
NEW STOCK MARKETS
ELLIOT POSNER
An excellent book about the evolution of equity markets in Europe and a
remarkable wave of institutional innovation during the late 1990s and early
years of the new century.
RAWI ABDELAL, AUTHOR OF CAPITAL RULES
A wonderful book. Posner provides a pathbreaking account of the astounding
transformation that is occurring in the realm of private finance in the European Union.
KATHLEEN R. MCNAMARA, AUTHOR OF THE CURRENCY OF IDEAS
2008 3 line illus., 3 tables 264 pp. Cloth $45.00 / 33.95 ISBN 978-0-674-03171-5
13
P O L I T I C A L E C O N O M Y
www. hup. harvard. edu / 1-800-405-1619 ( i n U. S. onl y)
14
Governing
Nonprofit
Organizations
Federal and State
Law and Regulation
Marion R.
Fremont-Smith
Outstanding Book
in Nonprofit and
Voluntary Action
Research Prize,
Association for
Research on
Nonprofit
Organizations
& Voluntary Action
Second Place,
Virginia Hodgkinson
Research Prize,
Sponsored by
Independent Sector
Belknap 2008; 2004
5 tables 570 pp.
Paper $45.00 / 33.95
ISBN 978-0-674-03045-9
American
Agriculture in the
Twentieth Century
How It Flourished
and What It Cost
Bruce L. Gardner
Quality of
Communication
Award, Sponsored
by the American
Agricultural Economics
Association
2006; 2002 81 line illus.,
32 tables 400 pp.
Paper $31.00 / 22.95
ISBN 978-0-674-01989-8
Regulating
Infrastructure
Monopoly, Contracts,
and Discretion
Jos A. Gmez-Ibez
2006; 2003 7 line illus.,
29 tables 448 pp.
Paper $30.00 / 22.95
ISBN 978-0-674-02238-6
The Business of
Lobbying in China
Scott Kennedy
2008; 2004 14 tables,
1 line illus. 278 pp.
Paper $19.95 / 14.95
ISBN 978-0-674-02744-2
Innovation
The Missing
Dimension
Richard K. Lester
and Michael J. Piore
2006; 2004
1 line illus. 240 pp.
Paper $18.00 / 13.95
ISBN 978-0-674-01994-2
The State
after Statism
New State Activities in
the Age of Liberalization
Edited by Jonah Levy
2006 6 line illus.,
6 tables 488 pp.
Paper $28.00 / 20.95
ISBN 978-0-674-02277-5
The Dismal Science
How Thinking Like an
Economist Undermines
Community
Stephen A. Marglin
2007 1 table 376 pp.
Paper $22.95 / 16.95 OISC
ISBN 978-0-674-04722-8
Rewarding Work
How to Restore
Participation and Self-
Support to Free Enterprise,
with a New Preface
Edmund S. Phelps
Edmund S. Phelps is
Winner of the Nobel
Prize in Economics
2007 1 table 208 pp.
Paper $19.00 / 14.95
ISBN 978-0-674-02694-0
Political
Competition
Theory and Applications
John E. Roemer
2006; 2001 46 line illus.,
22 tables 352 pp.
Paper $22.50 / 16.95
ISBN 978-0-674-02105-1
Racism,
Xenophobia,
and
Distribution
Multi-Issue Politics
in Advanced
Democracies
John E. Roemer,
Woojin Lee, and
Karine Van der
Straeten
Russell Sage Foundation
2007 59 line illus.,
99 tables 432 pp.
Cloth $73.50 / 54.95
ISBN 978-0-674-02495-3
Strategies of
Commitment and
Other Essays
Thomas C. Schelling
Thomas C. Schelling
is Co-Recipient of
the Nobel Prize in
Economics
2007; 2006
32 line illus. 360 pp.
Paper $21.00 / 15.95
ISBN 978-0-674-02567-7
Choice and
Consequence
Thomas C. Schelling
Thomas C. Schelling
is Co-Recipient of
the Nobel Prize in
Economics
1985 9 line illus. 379 pp.
Paper $28.00 / 20.95
ISBN 978-0-674-12771-5
The Tyranny
of the Market
Why You Cant Always
Get What You Want
Joel Waldfogel
2007 5 line illus.,
6 tables 216 pp.
Cloth $37.00 / 27.95
ISBN 978-0-674-02581-3
P O L I T I C A L E C O N O M Y
NEW
BIOLOGY IS TECHNOLOGY
The Promise, Peril, and New Business of Engineering Life
ROBERT H. CARLSON
Technology is a process and a body of knowledge as much as a collection of arti-
facts. Biology is no differentand we are just beginning to comprehend the chal-
lenges inherent in the next stage of biology as a human technology. It is this critical
moment, with its wide-ranging implications, that Robert Carlson considers in
Biology Is Technology. He offers a uniquely informed perspective on the endeavors
that contribute to current progress in this areathe science of biological systems
and the technology used to manipulate them.
Since Rob Carlson is the authoritative tracker of progress in biotech, this book
is the most completeand excitingchronicle of the technological revolution
that promises to dominate this century.
STEWART BRAND, AUTHOR OF WHOLE EARTH DISCIPLINE
Biology is Technology makes a tremendous contribution to public analysis of a
very important emerging field.
ARTI K. RAI, DUKE LAW SCHOOL
Carlson clearly frames a fresh future for biotechnology. Each chapter, from
technology trends to property rights and biosecurity conundrums, invites close
reading and vibrant discussion.
DREW ENDY, STANFORD BIOENGINEERING
& THE BIOBRICKS FOUNDATION
2009 19 line illus., 7 tables 288 pp. Cloth $39.95 / 29.95 ISBN 978-0-674-03544-7
15
TOTAL CURE
The Antidote to the
Health Care Crisis
HAROLD S. LUFT
In America, we pay more than
any other country does for
health care that has inconsis-
tent quality, leaves millions
uninsured, and wastes billions
of dollars on unnecessary care
and administration. In Total
Cure, Hal Luft recognizes that changing
the payment system must be the foundation
for any real health reform.
PETER V. LEE, EXECUTIVE DIRECTOR,
NATIONAL HEALTH POLICY,
PACIFIC BUSINESS GROUP ON HEALTH
Luft has written a sober, thoughtful volume
It may also prove very influential.
DAVID GRATZER, FORBES
Some readers not versed in health policy may
find Total Cure challenging. It rewards the effort,
however, by providing both an important new
health care reform option and an illuminating
tutorial on the issues at stake.
SAMUEL Y. SESSIONS, JOURNAL OF THE
AMERICAN MEDICAL ASSOCIATION
Lufts Total Cure is just what the policy doctors
on Capitol Hill will need: a wise, postpartisan,
durable shop manual for how to make health
reform actually happen in our time.
J. D. KLEINKE, HEALTH AFFAIRS
2008 7 line illus., 2 tables 336 pp.
Cloth $27.95 / 20.95 ISBN 978-0-674-03210-1
NEW in paperback
DOES ETHICS HAVE A CHANCE
IN A WORLD OF CONSUMERS?
ZYGMUNT BAUMAN
Zygmunt Bauman, one of the most admired
social thinkers of our time, seeks to liberate
us from the thinking that renders us hope-
less in the face of our own domineering gov-
ernments and threats from unknown forces
abroad. Gracefully, provocatively, Bauman
urges us to think in new ways about a newly
flexible, newly challenging modern world.
As Bauman notes, quoting Vaclav Havel,
hope is not a prognostication. It is, along-
side courage and will, a mundane, common
weapon that is too seldom used.
Zygmunt Baumans voice is as exemplary
as it is powerfulThis is a very important
collection by one of the leading thinkers of
our time.
RON EYERMAN,
YALE UNIVERSITY
This thoughtful and elegant little book
by one of the worlds most humble but dis-
tinguished intellectuals conveys a sense that
the wisdom of a lifetime is being distilled
here in a pithy but above all in a usable
form.
PAUL GILROY,
LONDON SCHOOL OF CONOMICS
Institute for Human Sciences Vienna Lecture Series
2009; 2008 288 pp.
Paper $17.95 / 13.95 ISBN 978-0-674-03351-1
S O C I A L E C O N O M I C S
NEW in paperback
VALUING CHILDREN
Rethinking the Economics of the Family
NANCY FOLBRE
[A] capstone workFolbre systematically addresses questions surrounding
the value of children. Although some answers will not surprise, her unpacking
of time, goods, and federal and state program costs and benefits both informs
and provokes new thinking. The critical question is, who should pay for kids?
The payees and benefit claimants are parents, earlier and subsequent familial
generations, children themselves, and society via its government. What should
hold these disparate groups together, Folbre implores, is the notion of moral
obligation. Would that her vision becomes reality.
D. J. CONGER, CHOICE
An excellent analysis of economics and family policy. Folbre develops a new
way of thinking about the economics of child rearing, that of treating children
as an investment rather than a consumption good. Although Folbre characterizes
her approach as institutional economics, she has really added to a wide variety
of economic fields beyond that.
SHEILA KAMERMAN,
COLUMBIA UNIVERSITY SCHOOL OF SOCIAL WORK
The Family and Public Policy 2010; 2007 7 line illus., 14 tables 248 pp.
Paper $21.95 / 16.95 ISBN 978-0-674-04727-3
BEIJING TIME
MICHAEL DUTTON, HSIU-JU STACY LO, AND DONG DONG WU
A fascinating cultural mapping of modern Beijing. Here are ring roads that
resemble successive reworkings of the old city wall; here is the district for
saw-gash CDs (imperfect discs dumped by western record labels on the Chinese market), where
the young bob for Sex Pistols albumsThe book is a useful street-level corrective to received ideas.
In particular, its interviews with citizensare wonderfully humane.
STEVEN POOLE, THE GUARDIAN
2008 73 halftones, 4 maps 288 pp.
Cloth $26.95 / 19.95 ISBN 978-0-674-02789-3 Paper $17.95 / 13.95 ISBN 978-0-674-04734-1
16
www. hup. harvard. edu / 1-800-405-1619 ( i n U. S. onl y)
Creative
Industries
Contracts between
Art and Commerce
Richard E. Caves
2002; 2000 464 pp.
Paper $27.00 / 19.95
ISBN 978-0-674-00808-3
Making Good
How Young People
Cope with Moral
Dilemmas at Work
Wendy Fischman,
Becca Solomon,
Deborah Schutte,
and Howard
Gardner
2005; 2003 3 line illus.,
1 table 224 pp.
Paper $18.50 / 13.95
ISBN 978-0-674-01830-3
Investing
in College
A Guide for
the Perplexed
Malcolm Getz
2008; 2007 2 line illus.,
6 tables 304 pp.
Paper $15.95 / 11.95
ISBN 978-0-674-03046-6
Welfare Reform
Effects of a Decade
of Change
Jeffrey Grogger
and Lynn A. Karoly
A RAND Corporation
Study 2005
45 line illus.,
27 tables 352 pp.
Cloth $57.50 / 42.95
ISBN 978-0-674-01891-4
S O C I A L E C O N O M I C S
NEW in paperback
WHAT CHILDREN NEED
JANE WALDFOGEL
Emphasizing the importance of parental choice, quality of care, and work opportu-
nities, economist Jane Waldfogel guides readers through a maze of social science
research evidence to offer comprehensive answers and a vision for change. Drawing
on the evidence, Waldfogel proposes a bold new plan to better meet the needs of
children in working families, from birth through adolescence, while respecting the
core values of choice, quality, and work.
What Children Need is an impressive, thought-provoking synthesis of informa-
tion and ideas for designing social policy to support the healthy development of
children living in an industrialized world.
LISA GENNETIAN,
INDUSTRIAL AND LABOR RELATIONS REVIEW
[Waldfogels] analysis is written from an American perspective, and most of her
statistics refer to the United States, but the issues and her discussion of them
transcend national boundaries.
GERALD HAIGH, TIMES EDUCATIONAL SUPPLEMENT
The Family and Public Policy 2010; 2006 12 tables 278 pp.
Paper $19.95 / 14.95 ISBN 978-0-674-04640-5
TAPPING THE RICHES OF SCIENCE
Universities and the Promise of Economic Growth
ROGER L. GEIGER AND CRESO M. S
[The authors] provide an excellent discussion of how economic relevance has
become a central element in the mission of major universities throughout the
country. In doing so, [Geiger and S] catalog the changes in federal funding, state policy, and
university organization that have substantially altered the context for scientific research in the
past three decadesAnyone involved or interested in higher education management, science
policy, or economic development will find much of value here.
J. L. ROSENBLOOM, CHOICE
2008 1 line art, 11 tables 262 pp.
Cloth $39.95 / 29.95 ISBN 978-0-674-03128-9
17
Fairness
versus Welfare
Louis Kaplow and
Steven Shavell
2006; 2001 576 pp.
Paper $49.95 / 36.95
ISBN 978-0-674-02364-2
Chutes and
Ladders
Navigating the Low-
Wage Labor Market
Katherine S.
Newman
Russell Sage Foundation
2008; 2006
16 line illus.,
37 tables 432 pp.
Paper $19.95 / 14.95
ISBN 978-0-674-02753-4
Off the Books
The Underground Economy
of the Urban Poor
Sudhir Alladi
Venkatesh
C. Wright Mills
Award, Sponsored by
The Society for the
Study of Social
Problems
2008; 2006 448 pp.
Paper $17.95 / 13.95
ISBN 978-0-674-03071-8
The New Americans
A Guide to Immigration
since 1965
Edited by
Mary C. Waters
and Reed Ueda
With Helen B. Marrow
Harvard University Press
Reference Library 2006
1 map, 106 tables 736 pp.
Cloth $45.00 / 33.95
ISBN 978-0-674-02357-4
S O C I A L E C O N O M I C S
THE LIABILITY CENTURY
Insurance and Tort Law from the Progressive Era to 9/11
KENNETH S. ABRAHAM
[A] seminal book on tort liability and insurance systems. [Abraham]
systematically outlines the interdependency of the tort liability system
and the insurance industry in the U.S. during the 20th century, including
the impact of September 11, 2001.
R. A. CARP, CHOICE
In demonstrating the complex interactions between tort and insurance,
The Liability Century makes an important contribution to our understanding
of two reciprocally-related and very important institutions in our legal
landscape.
JAMES A. HENDERSON, JR., CORNELL LAW SCHOOL
2008 288 pp. Cloth $45.00 / 33.95 ISBN 978-0-674-02768-8
INNOVATION CORRUPTED
The Origins and Legacy of Enrons Collapse
MALCOLM SALTER
A superb book. Innovation Corrupted provides the deepest analysis yet of
the collapse of Enron. Its essential reading for anyone who wants to under-
stand why success without an ethical foundation leads to disaster.
BILL GEORGE, AUTHOR OF TRUE NORTH
Salter goes beyond previous books by proposing practical recommendations
(regarding board oversight, financial incentives, and the maintenance of ethical
discipline) for preventing future disasters. Salter has produced a very readable,
comprehensive analysis of the social pathologies and administrative failures that
led to Enrons implosion.
D. C. DALY, CHOICE
2008 10 line illus., 16 tables 544 pp.
Cloth $35.00 / 25.95 ISBN 978-0-674-02825-8
INSTITUTIONAL FOUNDATIONS OF PUBLIC FINANCE
Economic and Legal Perspectives
EDITED BY ALAN J. AUERBACH AND DANIEL N. SHAVIRO
Dealing with fiscal language, fiscal federalism, corporate finance, and the
choice between income and consumption taxation, this volume is a gem.
ROSANNE ALTSHULER, RUTGERS UNIVERSITY
An easily accessible, first-rate introduction to the big issues in tax policy.
JOSEPH BANKMAN, STANFORD LAW SCHOOL
2008 1 graph, 3 tables, 1 halftone 296 pp.
Cloth $49.95 / 36.95 ISBN 978-0-674-03097-8
THE ECONOMIC STRUCTURE OF INTERNATIONAL LAW
JOEL P. TRACHTMAN
Neither political scientists nor economists have known enough about law to
show how a rational institutional analysis would relate to various technical rules
and specific practices of international law, as Trachtman does. It is impressive
that Trachtman, who is thoroughly learned in the law, is also highly competent
in the relevant portions of economics and political science. The Economic
Structure of International Law should help to set a standard for the systematic
use of social science in the analysis of international law.
ROBERT O. KEOHANE, JOURNAL OF ECONOMIC LITERATURE
2008 3 line illus., 9 tables 368 pp. Cloth $55.00 / 40.95 ISBN 978-0-674-03098-5
18
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L A W & E C O N O M I C S
BIOBAZAAR
The Open Source Revolution and Biotechnology
JANET HOPE
Finalist, Independent Publisher Book Awards, Science
[A] rigorous, closely reasoned book. Referencing Thomas Kuhns ground-
breaking volume, The Structure of Scientific Revolutions, Hope takes a hard
look at intellectual property law, which currently protects monopolistic
corporations right to inflate prices for life-saving drugs or life-sustaining
new crops. Sensing a paradigm shift in the values underpinning life sciences
research, Hope seeks to readdress these policies by applying the model of
open-source software to the biotech field.
PUBLISHERS WEEKLY
2007 448 pp. Cloth $27.95 / 20.95 ISBN 978-0-674-02635-3
19
New Foundations of
Cost-Benefit Analysis
Matthew D. Adler and
Eric A. Posner
2006 7 line illus., 4 tables 256 pp.
Cloth $55.50 / 41.95
ISBN 978-0-674-02279-9
Pay without Performance
The Unfulfilled Promise
of Executive Compensation
Lucian Bebchuk
and Jesse Fried
2006; 2004 304 pp.
Paper $21.00 / 15.95
ISBN 978-0-674-02228-7
Framing Contract Law
An Economic Perspective
Victor Goldberg
2006 5 tables 424 pp.
Cloth $72.00 / 53.95
ISBN 978-0-674-02312-3
The Antitrust Enterprise
Principle and Execution
Herbert Hovenkamp
2008; 2005 5 line illus. 376 pp.
Paper $24.95 / 18.95
ISBN 978-0-674-02741-1
The Economic
Structure of
Intellectual
Property Law
William M. Landes
and Richard A. Posner
Belknap 2003 23 line illus., 9 tables
448 pp. Cloth $54.50 / 40.95
ISBN 978-0-674-01204-2
Beyond Winning
Negotiating to Create Value
in Deals and Disputes
Robert H. Mnookin,
Scott R. Peppet, and
Andrew S. Tulumello
Honorable Mention,
Professional/Scholarly
Publishing Annual Award
of the Association of
American Publishers,
Business/Management/
Accounting
Belknap 2004; 2000
15 line illus. 368 pp.
Paper $23.00 / 17.95
ISBN 978-0-674-01231-8
Negotiation Analysis
The Science and Art of
Collaborative Decision Making
Howard Raiffa
with John Richardson
and David Metcalfe
Center for Public Resources
Award for Excellence in
Alternate Dispute Resolution,
Outstanding Book
Belknap 2007; 2002
98 line illus., 91 tables 576 pp.
Paper $31.00 / 22.95 OIP
ISBN 978-0-674-02414-4
Economic Analysis
of Accident Law
Steven Shavell
2007; 1987 8 line illus.,
13 tables 320 pp.
Paper $31.50 / 23.95
ISBN 978-0-674-02417-5
Foundations of
Economic Analysis
of Law
Steven Shavell
Belknap 2003 11 tables 768 pp.
Cloth $80.50 / 59.95
ISBN 978-0-674-01155-7
L A W & E C O N O M I C S
textbooks for course use
General Equilibrium,
Overlapping Generations
Models, and Optimal
Growth Theory
Truman F. Bewley
2006 138 line illus. 624 pp.
Cloth $72.00 / 53.95
ISBN 978-0-674-02288-1
Estimating How
the Macroeconomy Works
Ray Fair
2004 19 line illus.,
42 tables 314 pp.
Cloth $77.00 / 57.95
ISBN 978-0-674-01546-3
The ABCs of RBCs
An Introduction to Dynamic
Macroeconomic Models
George McCandless
2008 78 line illus.,
27 tables 448 pp.
Cloth $59.95 / 44.95
ISBN 978-0-674-02814-2
Identification for
Prediction and Decision
Charles F. Manski
2007 2 line illus., 7 tables 368 pp.
Cloth $58.00 / 42.95
ISBN 978-0-674-02653-7
Game Theory
Analysis of Conflict
Roger B. Myerson
Roger B. Myerson
is Winner of the
Nobel Memorial Prize
in Economic Science
1997; 1991 42 line illus.
29 tables 600 pp.
Paper $35.00 / 25.95 OISC
ISBN 978-0-674-34116-6
City Economics
Brendan OFlaherty
2005 53 line illus. 608 pp.
Cloth $69.00 / 51.95
ISBN 978-0-674-01918-8
Reconstructing
Macroeconomics
Structuralist Proposals and
Critiques of the Mainstream
Lance Taylor
2003 64 line illus.,
29 tables 456 pp.
Cloth $72.50 / 53.95
ISBN 978-0-674-01073-4
Income, Wealth, and
the Maximum Principle
Martin L. Weitzman
2007; 2003 4 line illus. 358 pp.
Paper $27.50 / 20.95
ISBN 978-0-674-02576-9
20
www. hup. harvard. edu / 1-800-405-1619 ( i n U. S. onl y)
T E X T B O O K S F O R C O U R S E U S E
21
A Short History of Distributive Justice
Samuel Fleischacker
A Choice Magazine Outstanding Academic Title
2005; 2004 204 pp.
Paper $19.50 / 14.95 ISBN 978-0-674-01831-0
NEW
THE ROAD FROM
MONT PLERIN
The Making of the Neoliberal
Thought Collective
EDITED BY PHILIP MIROWSKI
AND DIETER PLEHWE
What exactly is neoliberalism, and
where did it come from? This vol-
ume attempts to answer these ques-
tions by exploring neoliberalisms
origins and growth as a political and
economic movement. The Road
from Mont Plerin presents the key
debates and conflicts that occurred
among neo-liberal scholars and
their political and corporate allies
regarding trade unions, develop-
ment economics, antitrust policies,
and the influence of philanthropy.
The Road from Mont Plerin uncovers
and lays bare the origins of one of the
most important political phenomena
of our timethe development of the
neoliberal discourse coalition that has
come to shape the modern political
economy.
FRANK FISCHER,
RUTGERS UNIVERSITY
A fascinating and important book,
one that speaks in radical, perceptive,
and provocative ways to contemporary
debates around neoliberalism.
JAMIE PECK,
UNIVERSITY OF
BRITISH COLUMBIA
This excellent book contributes
significantly to our understanding
of the origins of neoliberalism and
its transformation into political
discourse and policy.
STEVEN LUKES,
NEW YORK UNIVERSITY
2009 1 line illus., 5 tables 480 pp.
Cloth $55.00 / 40.95
ISBN 978-0-674-03318-4
NEW in paperback
JEALOUSY OF TRADE
International Competition and the
Nation-State in Historical Perspective
ISTVAN HONT
J. David Greenstone Book Prize,
Awarded by the Politics and
History Section of the APSA
Joseph J. Spengler Best Book
Award, Sponsored by the
History of Economics Society
[A] major new studyJealousy of
Trade is a collection of pioneering
essays in the history of political and
economic thought, focused on a
period extending from the seven-
teenth to the nineteenth centuries
Hont presents his argument with an
absorbing combination of scholarly
erudition and analytical force. But
his project remains a deliberately
historical one. Its aim is to rewrite
the history of modern liberalism,
beginning with its foundationsIt is
a landmark contribution to its field.
RICHARD BOURKE,
TIMES LITERARY
SUPPLEMENT
Belknap 2010; 2005
8 line illus. 560 pp.
Cloth $57.50 / 42.95
ISBN 978-0-674-01038-3
Paper $23.95 / 17.95
ISBN 978-0-674-05577-3
FREE RIDING
RICHARD TUCK
This is a hugely interesting book
that will almost certainly start a
controversy. It addresses some of the
widest assumptions in contemporary economic and
social thought and calls them into question; and it
provides a very illuminating history of the appearance
of those assumptions.
PHILIP PETTIT, PRINCETON UNIVERSITY
Original, full of good ideas and insights, Richard Tucks
Free Riding could initiate an important debate about the
least human of the human sciences.
JOHN FEREJOHN,
STANFORD UNIVERSITY
2008 7 line illus. 232 pp.
Cloth $35.00 / 25.95
ISBN 978-0-674-02834-0
H I S T O R Y O F E C O N O M I C T H O U G H T
NEW
THE THIRTY
YEARS WAR
Europes Tragedy
PETER H. WILSON
Runner-up,
Atlantic Books
of the Year
An Independent
Best History Book
of the Year
A history of prodigious erudition that manages to
corral the byzantine complexity of the Thirty Years
War into a coherent narrative. It also offers a brac-
ingly novel interpretation. Historians typically por-
tray the Thirty Years War as the last and goriest of
Europes religious warsa final bonfire of the
zealots before the cooler age of enlightened state-
craft. Wilson severely qualifies this conventional
wisdom. It turns out that the quintessential war of
religion was scarcely one at allWilsons masterful
account of the Thirty Years War is a reminder that
war, and peace, are almost never the offspring of
conviction alone.
JEFFREY COLLINS, WALL STREET JOURNAL
Belknap 2009 8 color illus., 8 halftones, 22 maps
1040 pp. Cloth $35.00 / USA ISBN 978-0-674-03634-5
NEW
AMERICAN
HOMICIDE
RANDOLPH ROTH
Randolph Roth traces
the history of our mur-
dering ways through
the lens of our feelings
about those in power
Roth argues that
how we see ourselves
in relation to our governmentfringe movement
or ruling party, patronized or disenfranchisedis at
the heart of many decisions to take another lifeIf
an individual feels secure in his social standing, its
easier to get over lifes disappointments. But for a
person who feels alienated from the American
Dream, the tiniest offense can provoke a murderous
rageLooking at the fluctuating homicide rate at
various times in our history, Roth tracks the histori-
cal consequences of shifting powerRoths book
also offers a warning about our volatile political
rhetoric. Words can have real-life, even violent, con-
sequences. American Homicide is a vivid reminder
that politics isnt just about winningits also about
how you treat those who lose.
RAINA KELLEY, NEWSWEEK
Belknap 2009 31 charts, 1 map, 1 table 672 pp.
Cloth $45.00 / 33.95 ISBN 978-0-674-03520-1
22
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for your personal library
Abdelal, Capital Rules, 7
Abraham, Liability Century, 18
Adas, Dominance by Design, 10
Adler, New Foundations of Cost-Benefit, 19
Andrews, Killing for Coal, 11
Auerbach, Institutional Foundations of, 18
Bateman, Return to Keynes, 4
Bauman, Does Ethics Have a Chance, 15
Bebchuk, Pay without Performance, 19
Bewley, General Equilibrium, 20
Bewley, Why Wages Dont Fall during, 6
Bose, Hundred Horizons, 11
Carlson, Biology Is Technology, 15
Caves, Creative Industries, 16
Chandler, Shaping the Industrial Century, 9
Diamond, Natural Experiments of History, 4
Dutton, Beijing Time, 16
Edelson, Plantation Enterprise in, 11
Fair, Estimating How the Macro, 20
Fischman, Making Good, 16
Fleischacker, Short History of, 21
Folbre, Valuing Children, 16
Foley, Adams Fallacy, 6
Fraser, Ruling America, 11
Fremont-Smith, Governing Nonprofit, 14
Gardner, American Agriculture, 14
Geiger, Tapping the Riches of Science, 17
Getz, Investing in College, 16
Gilroy, Darker than Blue, 8
Goldberg, Framing Contract Law, 19
Goldin, Race between Education, 2
Gmez-Ibez, Regulating Infrastructure, 14
Grant, Rulers, Guns, and Money, 11
Grogger, Welfare Reform, 16
Hardt, Commonwealth, 8
Hardt, Empire, 8
Helpman, Institutions and Economic, 13
Helpman, Mystery of Economic Growth, 7
Helpman, Organization of Firms, 7
Hoffman, Surviving Large Losses, 6
Hont, Jealousy of Trade, 21
Hope, Biobazaar, 19
Hovenkamp, Antitrust Enterprise, 19
James, Family Capitalism, 11
James, Creation and Destruction of Value, 3
James, End of Globalization, 6
Kaplow, Fairness versus Welfare, 17
Kennedy, Business of Lobbying in China, 14
Laird, Pull, 11
Landes, Economic Structure of, 19
Lester, Innovation, 14
Levy, State after Statism, 14
Light, Government Ill Executed, 12
Luft, Total Cure, 15
Luttwak, Grand Strategy of the, 9
Mann, Republic of Debtors, 10
Manski, Identification for Prediction, 20
Marcus, Lipstick Traces, 24
Marcus, New Literary History, 24
Marglin, Dismal Science, 14
McCandless, ABCs of RBCs, 20
McCraw, Prophet of Innovation, 10
Michl, Capitalists, Workers, and, 13
Mihm, Nation of Counterfeiters, 10
Mirowski, Road from Mont Plerin, 21
Mnookin, Beyond Winning, 19
Moreton, To Serve God and Wal-Mart, 5
Moss, When All Else Fails, 6
Myerson, Game Theory, 20
Newman, Chutes and Ladders, 17
OFlaherty, City Economics, 20
Olegario, Culture of Credit, 11
Paarlberg, Starved for Science, 12
Phelps, Rewarding Work, 14
Posner, Failure of Capitalism, 2
Posner, Origins of Europes New Stock, 13
Raiffa, Negotiation Analysis, 19
Roemer, Political Competition, 14
Roemer, Racism, Xenophobia, 14
Roth, American Homicide, 22
Safford, Why the Garden Club, 13
Salter, Innovation Corrupted, 18
Sandage, Born Losers, 11
Saxenian, New Argonauts, 7
Schelling, Choice and Consequence, 14
Schelling, Strategies of Commitment, 14
Sen, Idea of Justice, 3
Shavell, Economic Analysis of, 19
Shavell, Foundations of Economic, 19
Siegfried, Better Living through Economics, 5
Slade, Made to Break, 11
Suisman, Selling Sounds, 8
Sunstein, Worst-Case Scenarios, 12
Taylor, Reconstructing Macroeconomics, 20
Trachtman, Economic Structure of, 18
Tuck, Free Riding, 21
Usner, Indian Work, 9
Venkatesh, Off the Books, 17
Waldfogel, Tyranny of the Market, 14
Waldfogel, What Children Need, 17
Wang, Brand New China, 7
Wang, Chinas New Order, 7
Waters, New Americans, 17
Weitzman, Income, Wealth, 20
Wilson, Thirty Years War, 22
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O R D E R F O R M
NEW
A NEW LITERARY HISTORY OF AMERICA
EDITED BY GREIL MARCUS AND WERNER SOLLORS
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