Fatal Equilibrium

At Harvard, tenure decisions are a matter of life -- or death. For Dennis Gossen, the economics department whiz kid currently being considered for tenure, it's definitely death. When he's turned down by the high-and-mighty Promotion and Tenure Committee, Gossen commits suicide. A Question of Cost Accounting... Or does he? It's hard to imagine why a young man with a brilliant scholarly future -- at Harvard or not -- would come up with an equation in which the opportunity cost of killing himself (a high price, considering his potential earnings) would be outweighed by the emotional cost of failing to receive tenure. ... Or Utility? Then two members of the P and T Committee are murdered, and it becomes clear to Professor Henry Spearman of the Economics Department that the killer must be on the committee. But which of his illustrious colleagues would have significantly increased his -- or her -- utility (i.e., happiness) by murdering a faculty member or two? Or three?

International Finance and Open-Economy Macroeconomics provides a complete theoretical, historical, and policy-focused account of the international financial system that covers all of the standard topics, such as foreign exchange markets, balance of payments accounting, macroeconomic policy in an open economy, exchange rate crises, multinational enterprises, and international financial markets. The book uses the 1944 Bretton Woods Conference as a unifying theme to relate the many controversial issue. It is written in a lively manner to bring real world events into the discussion of all of the concepts, topics, and policy issues. There is also emphasis on the history of economic thought in order to explain how economists in different time periods dealt with international financial issues.

A deeply reported, eye-opening book about climate change, our brains, and the weight of nature on us all. The march of climate change is stunning and vicious, with rising seas, extreme weather, and oppressive heat blanketing the globe. But its effects on our very brains constitute a public-health crisis that has gone largely unreported. Based on seven years of research, this book by the award-winning journalist and trained neuroscientist Clayton Page Aldern, synthesizes the emerging neuroscience, psychology, and behavioral economics of global warming and brain health. A masterpiece of literary journalism, this book shows readers how a changing environment is changing us today, from the inside out. Aldern calls it the weight of nature. Hotter temperatures make it harder to think clearly and problem-solve. They increase the chance of impulsive violence. Immigration judges are more likely to reject asylum applications on hotter days. Umpires, to miss calls. Air pollution, heatwaves, and hurricanes can warp and wear on memory, language, and sensory systems; wildfires seed PTSD. And climate-fueled ecosystem changes extend the reach of brain-disease carriers like mosquitos, brain-eating amoebas, and the bats that brought us the mental fog of long COVID. How we feel about climate change matters deeply; but this is a book about much more than climate anxiety. As Aldern richly details, it is about the profound, direct action of global warming on our brains and behavior—and the most startling portrait yet of unforeseen environmental influences on our minds. From farms in the San Joaquin Valley and public schools across the United States to communities in Norway’s Arctic, the Micronesian islands, and the French Alps, this book is an unprecedented portrait of a global crisis we thought we understood.

Presents four lectures based around an examination of the nature of being in its relationship with the process of existence.

This volume collects research papers addressing topical issues in economics and management with a particular focus on dynamic models which allow to analyze and foster the decision making of firms in dynamic complex environments. The scope of the contributions ranges from daily operational challenges firms face to strategic choices in dynamic industry environments and the analysis of optimal growth paths. The volume also highlights recent methodological developments in the areas of dynamic optimization, dynamic games and meta-heuristics, which help to improve our understanding of (optimal) decision making in a fast evolving economy.

"Teaching Economics is an invaluable and practical tool for teachers of economics, administrators responsible for undergraduate instruction and graduate students who are just beginning to teach. Each chapter includes specific teaching tips for classroom implementation and summary lists of do's and don'ts for instructors who are thinking of moving beyond the lecture method of traditional chalk and talk."--BOOK JACKET.