Economics & Finance 2015

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Contents 1 General Interest 11 Econometrics 11 Econometric and Tinbergen Institutes Lectures 11 Economic Theory 12 Gorman Lectures in Economics 12 Microeconomics 13 Game Theory 14 Macroeconomics & International Economics 15 Development Economics & the Economics of Climate Change 16 Labor Economics & Urban Economics 16 Behavioral Economics 17 Economics of Education 18 Economic History & History of Economics 20 The Princeton Economic History of the Western World 22 Finance, Innovation & Entrepreneurship 23 Kau man Foundation Series on Innovation and Entrepreneurship 24 Law & Public Policy 25 Political Economy 26 Economic Sociology 28 Law & Public Policy 29 Of Related Interest 30 Classic Textbooks 32 Index | Order Form

TEXTBOOK Professors who wish to consider a book from this catalog for course use may request an examination copy. For more information please visit: press.princeton.edu/class.html

Cover art: Composite image by Marcy Roberts from the book The Globalization of Inequality by François Bourguignon. See page 2. ROBERT SHILLER, AWARDED THE 2013 NOBEL PRIZE IN ECONOMICS

Forthcoming Winner of the 2013 Bronze Medal Axiom Business Book Award in Revised and Expanded Third Edition Economics, Jenkins Group, Inc. Winner of the 2012 PROSE Award, Business, Finance and Irrational Exuberance Management, Association of American Publishers Robert J. Shiller Winner of the 2012 Business Book Award, Finance & Economics, 800-CEO-READ Praise for the original edition: One of Choice’s Outstanding Academic Titles for 2012 One of Caijing Magazine’s Best Finance Books in China for 2012 “Robert Shiller . . . has done more than any other With a new preface by the author economist of his generation to document the less Finance and the Good Society rational aspects of  nancial markets.” Robert J. Shiller —Paul Krugman, New York Times “Shiller comes across as pragmatic as well as visionary, In this revised, updated, and expanded edition of explaining how much  nancial capitalism has done his New York Times bestseller, Nobel Prize–winning for society and how much more it could do if har- economist Robert Shiller, who warned of both the nessed for the common good.” tech and housing bubbles, now cautions that signs —James Pressley, Bloomberg News of irrational exuberance among investors have only increased since the 2008–9  nancial crisis. With high “A persuasive case for a fresh view of an industry that stock and bond prices in the United States, and rising is too glibly demonized.” housing prices in many countries, the post-subprime —Sebastian Mallaby, New York Times Book Review boom may well turn out to be another illustration 2013. 312 pages. Pa: 978-0-691-15809-9 $19.95 | £13.95 of Shiller’s in uential argument that psychologically Cl: 978-0-691-15488-6 $24.95 | £16.95 driven volatility is an inherent characteristic of all asset markets. In other words, Irrational Exuberance is Winner of the 2009 Paul A. Samuelson Award, TIAA-CREF Institute as relevant as ever. Winner of the 2009 getAbstract International Book Award February 2015. 376 pages. 18 line illus. 4 tables. Winner of the 2009 Finance Book of the Year, China Business News Cl: 978-0-691-16626-1 $29.95 | £19.95 With a new preface by the authors Animal Spirits Winner of the 2009 Bronze Medal in Finance/Investment/Economics, How Human Psychology Drives the Economy, Independent Publisher and Why It Matters for Global Capitalism Honorable Mention, 2008 PROSE Award for Excellence in Business, Finance and Management, Association of American Publishers George A. Akerlof & Robert J. Shiller With a new preface by the author “The two superstars have produced a truly innovative The Subprime Solution and bold work that attempts to show how psycholog- How Today’s Global Financial Crisis Happened, ical factors explain the origins of the current mess and and What to Do about It o er clues for possible solutions. At a time when plum- Robert J. Shiller meting con dence is dragging down the market and “Shiller is one of the world’s outstanding economic the economy, the authors’ focus on the psychological thinkers and intellectual innovators, with a record aspect of economics is incredibly important.” of foresight that is the envy of his profession. . . . His —Michael Mandel, BusinessWeek short, snappy and surprisingly far-reaching book on 2010. 264 pages. 1 table. Pa: 978-0-691-14592-1 $16.95 | £11.95 the subprime crisis is as interesting and indispensable Cl: 978-0-691-14233-3 $24.95 | £16.95 as you would expect.” —Clive Crook, Financial Times 2012. 224 pages. 4 line illus. Pa: 978-0-691-15632-3 $14.95 | £10.95 Cl: 978-0-691-13929-6 $16.95 | £11.95 GENERAL INTEREST 1 Forthcoming Forthcoming Forthcoming Climate Shock The Globalization of The Little Big Number The Economic Consequences Inequality How GDP Came to Rule the of a Hotter Planet François Bourguignon World and What to Do about It Gernot Wagner & Translated by Thomas Dirk Philipsen Martin L. Weitzman Scott-Railton “Philipsen brilliantly exposes the “Wagner and Weitzman’s Climate “This book deals with extremely skeleton hiding in the economist’s Shock explores two of the most topical issues related to inequality. closet—the dangerously misleading alarming risks from climate change: Bourguignon is exceptionally talisman of GDP. He uncovers the unpredictable catastrophes and well-quali ed to provide an over- extraordinary story of how good the all-too-foreseeable human view of recent trends, tease out intentions morphed into the tampering with the environment. the implications of the global- monstrous misconception of public They explain how the same versus-national perspective on progress and economic value that political barriers to addressing the inequality, and seriously examine reigns over politics and public opin- problem will leave nations racing the factors at work as well as ion. If society fails to heed Philipsen’s to de ect the damage through promising policy responses.” message about developing new geoengineering. For anyone in- —Brian Nolan, University of ways to measure economic gain and terested in the new risk landscape Oxford loss, the sustainable future is not of our changing climate, Climate going to be possible.” “This work makes a signi cant Shock is a compelling and highly —William Greider, author of The contribution to the general recommended read.” Soul of Capitalism understanding of globalization’s —Ian Bremmer, president of the in uence on inequality. While “The Little Big Number makes the Eurasia Group much is being said on the topic, case that GDP has become coun- “Do you want to be challenged this book is a rarity in being both terproductive and we need better and stretched? Climate Shock accessible and informed.” goals and measures of progress. gives broad perspectives and —Jean-Yves Duclos, Laval This excellent and timely book com- logical tools that will let you think University municates this argument in a style through the threat of climate suitable for general audiences.” An informed and original con- change on the level of the best —Robert Costanza, Australian tribution to the current debates minds on this planet.” National University about inequality, this book will be —Peter C. Goldmark Jr., former essential reading for anyone who As Dirk Philipsen demonstrates, president of the Rockefeller is interested in the future of the the history of GDP reveals unique Foundation and former CEO of the world economy. opportunities to fashion smarter International Herald Tribune May 2015. 216 pages. goals and measures. The Little Demonstrating that climate Cl: 978-0-691-16052-8 $27.95 | £19.95 Big Number explores a possible change can and should be dealt roadmap for a future that ad- with—and what could happen if vances quality of life rather than we don’t do so—Climate Shock indiscriminate growth. tackles the de ning environmental June 2015. 336 pages. 10 halftones. 5 tables. and public policy issue of our time. Cl: 978-0-691-16652-0 $29.95 | £19.95 March 2015. 264 pages. 3 line illus. 5 tables. Cl: 978-0-691-15947-8 $27.95 | £19.95

2 GENERAL INTEREST New New Paperback Forthcoming The Mystery of the A Deadly Indi erence Foragers, Farmers, and Invisible Hand A Henry Spearman Mystery Fossil Fuels A Henry Spearman Mystery Marshall Jevons How Human Values Evolve Marshall Jevons Ian Morris “Readers will  nd themselves ef- Edited and with an introduction “Jevons combines entertaining fortlessly picking up the economic by Stephen Macedo economic lessons with a crafty principles strewn about by the With commentary by whodunit in his excellent fourth authors as clues. . . . The corpse, Margaret Atwood, Christine M. Henry Spearman mystery.” when it appears, is a show stopper.” Korsgaard, Richard Seaford & —Publishers Weekly, (starred —Deborah Stead, New York Times Jonathan D. Spence Book Review review) “Ian Morris has thrown another 2014. 192 pages. “The way that Spearman uses eco- Pa: 978-0-691-16416-8 $17.95 | £12.50 curveball for social science. In this nomics as a lens through which to disarmingly readable book, which view the ambitions and rivalries of New Paperback takes us from prehistory to the academics is absolutely riveting. Murder at the Margin present, he o ers a new theory of Like Freakonomics, this proves A Henry Spearman Mystery human culture, linking it  rmly to that the much-dreaded ‘econ’ can Marshall Jevons economic fundamentals and how provide useful entertainment.” humans obtained their energy and “[Henry Spearman] utilizes the —Booklist, starred review resources from nature. This is bold, economic way of thinking literally erudite, and provocative.” Henry Spearman, the balding to  gure out ‘whodunit.’ If there is —Daron Acemoglu, coauthor of economics professor with a a more painless way to learn eco- How Nations Fail: The Origins of knack for solving crimes, returns nomic principles, scientists must Power, Prosperity, and Poverty in The Mystery of the Invisible have recently discovered how to Hand—a clever whodunit of implant them in ice cream.” “Ian Morris has emerged in recent campus intrigue, stolen art, and —John R. Haring, Jr., Wall Street years as one of the great big murder. Having just won the Journal thinkers in history, archaeology, and Nobel Prize, Spearman accepts anthropology, writing books that set “This is a tight little mystery that an invitation to lecture at Monte people talking and thinking. . . . should hold the interest of any Vista University. He arrives in the The breadth of reading and the student who enjoys detective wake of a puzzling art heist with command of the subject are just stories. . . . What gives Murder at the plans to teach a course on art dazzling. His major argument—that Margin its sparkle are the shrewd and economics—only to be faced value systems adapt themselves to observations about academic life with the alleged suicide of wom- ambient energy structures, in the and the authors’ ability to trans- anizing artist-in-residence Tristan same way that an organism adapts form statements of economic law Wheeler. When it becomes clear to its niche—is fascinating.” into deft character analysis.” that Wheeler had serious enemies —Daniel Lord Smail, author of On —Sarah Gallagher and George and a murderer is in their midst, Deep History and the Brain Dawson, Journal of Economic Henry Spearman is on the case. The University Center for Human Values Series Education 2014. 352 pages. April 2015. 360 pages. 2 halftones. 26 line Cl: 978-0-691-16313-0 $24.95 | £16.95 2014. 224 pages. illus. 4 maps. Pa: 978-0-691-16401-4 $17.95 | £12.50 Cl: 978-0-691-16039-9 $29.95 | £19.95

pup.princeton.edu GENERAL INTEREST 3 Forthcoming Paperback New New With a new preface by the The Son Also Rises The Dollar Trap authors Surnames and the History of How the U.S. Dollar Tightened The Org Social Mobility Its Grip on Global Finance The Underlying Logic of Gregory Clark Eswar S. Prasad the O ce “This is the most exciting research “As Eswar Prasad points out, there Ray Fisman & Tim Sullivan on the ‘American Dream’ of is something paradoxical about a “The authors’ mission to help you social mobility to come along in world where the dollar strengthens ‘descend into better-informed many years. The Son Also Rises with the U.S.  nancial crisis, capital cynicism’—to  nd the ‘least provides deep insights into not  ows from poor countries to rich dysfunctional’ of all possible only the ability or inability of ones, and more sophisticated dysfunctional orgs—is the kind children to surpass their parents’  nance often leads to greater of literary stock that pays greater socioeconomic class, but also into risk. Prasad’s book unpacks these dividends.” the surprising importance of the paradoxes in a provocative and —Trevor Butterworth, Wall Street family to generate prosperity in challenging way. It deserves the Journal general.” attention of all those who care “Compelling. . . . The Org aims to —William Easterly, author of The about the future of the dollar and explain why organizations—be they White Man’s Burden the international monetary system.” private companies or government “The Son Also Rises is a remarkable —Lawrence H. Summers, Harvard agencies—work the way they do.” challenge to conventional wisdom University —Eduardo Porter, New York Times about social mobility. Using highly “Combining history, modern In The Org, Ray Fisman and Tim original methods and ranging analysis, and practical examples, Sullivan explain the tradeo s that widely across world history, Clark this elegant book counters conven- every organization faces, arguing argues that the activities of gov- tional wisdom and brilliantly doc- that this everyday dysfunction is ernments impact mobility much uments why it’s so hard to escape actually inherent to the very na- less than most of us think—and the dollar trap. Prasad describes an ture of orgs. The Org diagnoses the that the only sure path to success increasingly unstable equilibrium root causes of that malfunction, is to be born to the right parents. that begs for better international beginning with the economic Everyone interested in public policy coordination and he sets out logic of why organizations exist policy should read this book.” fascinating and important alterna- in the  rst place, then working its —Ian Morris, author of Why the tives that will particularly interest way up through the org’s structure West Rules—for Now policymakers and investors. A from the lowly cubicle to the CEO’s The Princeton Economic History of the Western must-read for all concerned about World o  c e . the dollar’s global role.” 2014. 384 pages. 15 halftones. 111 line illus. —Mohamed A. El-Erian, author of March 2015. 320 pages. 50 tables. 7 maps. Pa: 978-0-691-16651-3 $17.95 Cl: 978-0-691-16254-6 $29.95 | £19.95 When Markets Collide and CEO of For sale only in the United States, Canada, and the Philippines PIMCO 2014. 432 pages. 8 halftones. 17 line illus. 6 tables. Cl: 978-0-691-16112-9 $35.00 | £24.95 Not for sale in South Asia

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4 GENERAL INTEREST New New New Longlisted for the 2014 Business Book The Butter y Defect of the Year Awa rd, Financial Times and GDP McKinsey & Company A Brief but A ectionate History How Globalization Creates Systemic Risks, and What to Fragile by Design Diane Coyle The Political Origins of Banking Do about It Crises and Scarce Credit “[A] little charmer of a book. . . . Ian Goldin & Mike Mariathasan GDP: A Brief but A ectionate History Charles W. Calomiris & “A vital and timely book, The is just what the title promises. . . . Stephen H. Haber Butter y Defect is the  rst to show Cowperthwaite himself would why systemic risk threatens us all “Business economists Calomiris nod in agreement over Ms. Coyle’s and how it can be managed. It is a and Haber explain how imperfect- informed discussion of what the must-read for anyone concerned ly politics and commercial banks GDP misses and how it mis res. about our rapidly integrating peo- intersect, and the consequences . . . Ms. Coyle—a graceful and ples and businesses, and the future for the rest of us. . . . This learned witty writer, by the way—recounts of our hyperconnected world.” inquiry deserves ample attention familiar problems and adds some —Pascal Lamy, former director- from scholars, regulators, and new ones. . . . [E]xcellent.” general of the WTO bankers themselves.” —James Grant, Wall Street Journal —Publishers Weekly 2014. 320 pages. 50 line illus. “Diane Coyle’s book is as good a Cl: 978-0-691-15470-1 $35.00 | £24.95 “Brilliant. . . . [I]f you are looking simple guide as we are likely to see.” for a rich history of banking over —Samuel Brittan, Financial Times Winner of the 2011 PROSE Award for the last couple of centuries and 2014. 168 pages. 1 halftone. 2 line illus. 2 tables. Excellence in Sociology and Social Work, the role played by politics in that Cl: 978-0-691-15679-8 $19.95 | £13.95 Association of American Publishers One of the Economist’s Best Books on evolution, there is no better study. Politics and Current A airs for 2011 One of the Globalist’s Top Books of 2012 It deserves to become a classic.” One of Choice’s Outstanding Academic Longlisted for the 2014 Business Book Titles for 2012 —Liaquat Ahamed, New York of the Year Award, Financial Times and Times Book Review McKinsey & Company Exceptional People The Economics of Enough How Migration Shaped Our Fragile by Design is a revealing How to Run the Economy as If World and Will De ne Our exploration of the ways that poli- the Future Matters Future tics inevitably intrudes into bank Diane Coyle Ian Goldin, Geo rey Cameron regulation. Charles Calomiris and & Meera Balarajan Stephen Haber combine political “Coyle adds a knowledgeable and “This is a book of bold ambitions history and economics to examine earnest voice to the discussion ably ful lled. . . . [T]he authors give how coalitions of politicians, about how to face these global a rigorous but readable guide to bankers, and other interest groups challenges. . . . [A]n important the costs and bene ts of modern form, why some endure while oth- contribution to the debate on the migration.” ers are undermined, and how they nature of global capitalism.” —Economist generate policies that determine —Nancy F. Koehn, New York Times who gets to be a banker, who has 2012. 360 pages. 17 halftones. 2012. 392 pages. 37 line illus. 14 tables. Pa: 978-0-691-15629-3 $18.95 | £12.95 Pa: 978-0-691-15631-6 $22.95 | £15.95 access to credit, and who pays for Cl: 978-0-691-14518-1 $24.95 | £16.95 bank bailouts and rescues. The Princeton Economic History of the Western World 2014. 624 pages. 30 line illus. Cl: 978-0-691-15524-1 $35.00 | £24.95 pup.princeton.edu GENERAL INTEREST 5 New Forthcoming Paperback Forthcoming Paperback Complexity and the Art Winner of the 2014 Gold Medal in The Federal Reserve and Economics, Axiom Business Book Awards of Public Policy One of Financial Times’ Best Economics the Financial Crisis Solving Society’s Problems Books of 2013 Ben S. Bernanke from the Bottom Up One of Bloomberg Businessweek’s Best Books of 2013 “It’s the sort of primary-source David Colander & One of Matthew Bishop’s LinkedIn Best book that investors will scrutinize, Roland Kupers Business Books of the Year for 2013 politicians will seize on, pundits “A much-needed, fresh view of Mass Flourishing How Grassroots Innovation will plunder and generations of policy. It is based neither on free Created Jobs, Challenge, and scholars will analyze.” market ideology nor on heavy Change —Alan Wallace, Pittsburgh government control, but on seeing Edmund Phelps Tribune-Review the economy as an always evolving “Intelligent and interesting. . . . complex system that can be guided “Extraordinary. . . . Phelps has ad- [I]t would be di cult to  nd a toward desirable outcomes. An dressed some of the big questions better short and not very technical important book that will change about our future.” account of what went wrong, and how policies are made.” —Martin Wolf, Financial Times of how the Fed (and the Treasury) —W. Brian Arthur, Santa Fe Institute “Phelps has written a book that managed to keep it from getting transcends the materialist walls of “Complexity and the Art of Public much worse.” standard economics.” Policy helps readers understand —Robert Solow, New Republic how politics and business are part —Paul DeRosa, American Interest In 2012, Ben Bernanke, chairman of a large sophisticated social “The book eloquently discusses the of the US Federal Reserve, gave a system and how the critical issues culture of innovation, which can series of lectures about the Federal and transitions of this system can refer to both an entrepreneurial Reserve and the 2008  nancial be driven successfully.” mind-set and the cultural achieve- crisis, as part of a course at George —Dick Benschop, president- ments during an age of change.” Washington University on the director of Shell Netherlands and —Edward Glaeser, Wall Street Fed’s role in the economy. In this former deputy minister of foreign Journal unusual event, Bernanke shed new a airs for the Netherlands April 2015. 392 pages. 20 line illus. 5 tables. light on the central bank’s crucial 2014. 320 pages. 2 halftones. Pa: 978-0-691-16579-0 $19.95 | £13.95 Cl: 978-0-691-15209-7 $29.95 | £19.95 Cl: 978-0-691-15898-3 $29.95 | £19.95 actions during the worst  nancial crisis since the Great Depression. Taken directly from these historic talks, The Federal Reserve and the Financial Crisis o ers insight into the guiding principles behind the Fed’s activities and the lessons to be learned from its handling of recent economic challenges. March 2015. 144 pages. 1 halftone. 39 line illus. Pa: 978-0-691-16557-8 $12.95 | £8.95 Cl: 978-0-691-15873-0 $19.95 | £13.95

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6 GENERAL INTEREST Forthcoming Paperback New Paperback Forthcoming Paperback One of Forbes Magazine’s Best Books of 2013 Winner of the 2014 Joseph J. Spengler Best One of Bloomberg Businessweek’s Best Book Prize, History of Economics Society Afterword by Emma Books of 2013 One of Bloomberg Businessweek’s Best Rothschild & Amartya Sen Longlisted for the 2013 Book of the Year Books of 2013 The Essential Hirschman Award, Financial Times/Goldman Sachs One of the Guardian’s Best Books of 2013 Honorable Mention, 2013 PROSE Award One of Financial Times Alphachat’s Econ Albert O. Hirschman in Economics, Association of American Books of the Year for 2013 Edited and with an introduction Publishers Worldly Philosopher by Jeremy Adelman The Great Escape The Odyssey of Albert O. “Adelman . . . has done an Health, Wealth, and the Origins Hirschman excellent job of bringing together of Inequality Jeremy Adelman Angus Deaton articles that express Hirschman’s “A biography worthy of the man. skepticism, as well as brilliant “If you want to learn about why Adelman brilliantly and beautifully observation, often consisting of human welfare overall has gone brings Hirschman to life, giving us brilliant juxtapositions of unlikely up so much over time, you should an unforgettable portrait of one sources. . . . [T]hose who do sink read The Great Escape.” of the twentieth century’s most their teeth into this work will be —Bill Gates extraordinary intellectuals. . . . highly rewarded.” “Is the world becoming a fairer [M]agni cent.” —Choice as well as a richer place? Few —Malcolm Gladwell, New Yorker “Albert O. Hirschman’s work should economists are better equipped to “[An] astonishing and moving be rediscovered and studied by answer this question than Angus biography. . . . Hirschman’s work every new generation of social Deaton. . . . [T]he theme requires a is more than interesting enough scientists for a long time to come.” big canvas and bold brushwork, and to justify a book (or two, or ten), —Claus O e, Hertie School of Mr. Deaton capably o ers both.” but Adelman’s achievement is to Governance, Berlin —Economist demonstrate, in novelistic detail, May 2015. 408 pages. 2 tables. In The Great Escape, Angus that he also lived an astounding Pa: 978-0-691-16567-7 $24.95 | £16.95 Cl: 978-0-691-15990-4 $29.95 | £19.95 Deaton—one of the foremost life, full of narrow paths and experts on economic development ridiculously improbable twists and With a foreword by Amartya and on poverty—tells the turns.” Sen and a new afterword by remarkable story of how, starting —Cass Sunstein, New York Review Jeremy Adelman 250 years ago, some parts of of Books The Passions and the the world began to experience 2014. 760 pages. 39 halftones. sustained progress, opening up Pa: 978-0-691-16349-9 $24.95 | £16.95 Interests Cl: 978-0-691-15567-8 $39.95 | £27.95 Political Arguments for gaps and setting the stage for Capitalism before Its Triumph today’s hugely unequal world. Albert O. Hirschman Deaton takes an in-depth look at the historical and ongoing patterns “A fresh and exciting argument of behind the health and wealth of a fascinating thesis.” nations, and he addresses what —Nannerl O. Keohane, Journal of needs to be done to help those left Interdisciplinary History behind. Princeton Classics June 2015. 392 pages. 50 line illus. 2013. 192 pages. 1 halftone. Pa: 978-0-691-16562-2 $18.95 | £12.95 Pa: 978-0-691-16025-2 $19.95 | £13.95 Cl: 978-0-691-15354-4 $29.95 | £19.95 pup.princeton.edu GENERAL INTEREST 7 New Paperback Forthcoming Paperback New Paperback With a new preface by the An Uncertain Glory Winner of the 2013 Spear’s Book Award in author Financial History India and its Contradictions One of Financial Times’ Best History Books The Great Rebalancing Jean Drèze & Amartya Sen of 2013 Trade, Con ict, and the One of Bloomberg Businessweek’s Best “Sen and Drèze are right to draw Perilous Road Ahead for the Books of 2013 attention to the limits of India’s One of Kirkus Reviews’ Best Business and World Economy Economics Books of 2013 success and how much remains Michael Pettis Honorable Mention for the 2014 Arthur Ross to be done. They are exemplary Book Award, Council on Foreign Relations “The Great Rebalancing is probably scholars, and everything they say The Battle of Bretton one of the clearest, most elegant is worth careful study.” Woods and logically written explanations —Clive Crook, Bloomberg News John Maynard Keynes, Harry of world trade, including both how “An urgent, passionate, political Dexter White, and the Making policies a ect trade and how trade work that makes the case that of a New World Order a ects economies.” India cannot move forward Benn Steil —James Parker, Diplomat Paci c without investing signi cantly— “The Battle of Bretton Woods should Money Blog as every other major industrialized become the gold standard on its 2014. 256 pages. Pa: 978-0-691-16362-8 $19.95 | £13.95 country has already done—in topic. The details are addictive.” Cl: 978-0-691-15868-6 $29.95 | £19.95 public services.” —Fred Andrews, New York Times —Jyoti Thottam, New York Times “An excellent and revealing account.” Book Review Human Capitalism —Robert Skidelsky, New York How Economic Growth Has An Uncertain Glory presents a pow- Review of Books Made Us Smarter—and More erful analysis not only of India’s When turmoil strikes world mone- Unequal deprivations and inequalities, but tary and  nancial markets, leaders Brink Lindsey also of the restraints on addressing invariably call for “a new Bretton them, and argues for the possibil- “Mr. Lindsey, formerly with the Cato Woods” to prevent catastrophic ity of change through democratic Institute, is one of the most engag- economic disorder and defuse practice. ing libertarian writers. Here he seeks political con ict. The name of the to address a much-talked about April 2015. 448 pages. 4 line illus. 40 tables. remote New Hampshire town Pa: 978-0-691-16552-3 $19.95 problem: While many Americans are Cl: 978-0-691-16079-5 $29.95 where representatives of forty-four becoming wealthier by joining the For sale only in the United States and Canada nations gathered in July 1944, in ranks of ‘managers, professionals the midst of the century’s second and entrepreneurs,’ and the working Finalist for the 2014 George R. Terry Book great war, has become shorthand Award, Academy of Management class is not shrinking, those who for enlightened globalization. The remain in the dwindling middle  nd Why Philanthropy Matters actual story surrounding the historic How the Wealthy Give, it harder to break into the so-called Bretton Woods accords, however, is and What It Means for Our knowledge economy. . . . [I]t takes a full of startling drama, intrigue, and Economic Well-Being special kind of talent to write about rivalry, which are vividly brought to Zoltan J. Acs public policies like these in a way life in Benn Steil’s epic account. that doesn’t put you to sleep, and he “[E]asily the best work on the A Council on Foreign Relations Book has that talent.” subject I have read.” 2014. 480 pages. 32 halftones. —Barton Swaim, Wall Street Journal —Luke Johnson, Financial Times Pa: 978-0-691-16237-9 $19.95 | £13.95 Cl: 978-0-691-14909-7 $29.95 | £19.95 2013. 144 pages. 2013. 272 pages. 4 line illus. Cl: 978-0-691-15732-0 $14.95 | £10.95 Cl: 978-0-691-14862-5 $29.95 | £19.95 8 GENERAL INTEREST One of Choice’s Outstanding Academic New Paperback One of Financial Times Best Economics Titles for 2013 One of Financial Times Best Economics Books of 2013 Books of 2013 The Leaderless Economy The War of the Sexes One of the Wall Street Journal’s Best Why the World Economic Non ction Books of 2013 How Con ict and One of Bloomberg Businessweek’s Best System Fell Apart and How Cooperation Have Shaped Books of 2013 to Fix It Men and Women from One of Choice’s Outstanding Academic Peter Temin & David Vines Titles for 2013 Prehistory to the Present With a new preface by the “In this thoughtful and cogently Paul Seabright authors argued book, Temin and Vines “Seabright zooms out and across The Bankers’ New Clothes enlist the history of the Great history in an accessible mix of What’s Wrong with Banking Depression to provide a powerful scholarly prose and chatty anec- and What to Do about It set of dos and don’ts for the current dote to explain why inequalities Anat Admati & Martin Hellwig  nancial crisis. The interesting and disagreements persist beyond question they pose is why today’s “The most important [book] to potty-training. . . . Turning to policymakers, to a remarkable and emerge from the crisis.” today, Seabright investigates alarming extent, have embraced —Martin Wolf, Financial Times everything from the e ects of the don’ts.” technology on gender-bias, to the “[Admati and Hellwig] slice through —Barry Eichengreen, author of various bene ts of tallness, talent, the bankers’ self-serving nonsense.” Exorbitant Privilege: The Rise and and charm in the workplace.” —John Cochrane, Wall Street Journal Fall of the Dollar and the Future of —PublishersWeekly.com 2014. 424 pages. 6 line illus. 4 tables. the International Monetary System Pa: 978-0-691-16238-6 $18.95 | £12.95 2013. 256 pages. 10 line illus. 2013. 328 pages. 1 halftone. 19 line illus. 6 tables. Pa: 978-0-691-15972-0 $17.95 | £12.50 Cl: 978-0-691-15743-6 $29.95 | £19.95 Cl: 978-0-691-13301-0 $24.95 | £16.95 Beauty Pays Why Attractive People Are One of Strategy & Business’s Best Co-Winner of the 2012 Gold Medal Axiom Business Books for 2004 More Successful Business Book Award in Economics, Jenkins Shortlisted for the 2005 British Academy Daniel S. Hamermesh Group, Inc. Book Prize With a new chapter by the “This chatty, economist’s-eye-view Revised Edition author With a new foreword by of beauty in the marketplace Zombie Economics Daniel C. Dennett provides solid statistical evidence How Dead Ideas Still Walk The Company of that beauty does pay.” among Us —Publishers Weekly Strangers John Quiggin A Natural History of 2013. 232 pages. 6 halftones. 12 tables. Pa: 978-0-691-15817-4 $17.95 | £12.50 “Lucid, lively and loaded with hard Economic Life data, passionate, provocative and . . . Paul Seabright persuasive.” “[A] clear, thought-provoking, —Glenn C. Altschuler, Barron’s and elegant book.” 2012. 288 pages. 4 line illus. —Howard Davies, Times Higher Pa: 978-0-691-15454-1 $16.95 | £11.95 Not for sale in Australia and New Zealand Education 2010. 400 pages. Pa: 978-0-691-14646-1 $25.95 | £17.95

Connect with us on Google+ @ Princeton University Press pup.princeton.edu GENERAL INTEREST 9 JEAN TIROLE, AWARDED THE 2014 NOBEL PRIZE IN ECONOMICS

Honorable Mention, 2006 Award for Best Balancing the Banks Financial Crises, Liquidity Professional/Scholarly Book in Finance and Economics, Association of American Global Lessons from the and the International Publishers Financial Crisis Monetary System The Theory of Corporate Mathias Dewatripont, Jean- Jean Tirole Finance Charles Rochet & Jean Tirole TEXTBOOK Jean Tirole Translated by Keith Tribe “In this remarkably ambitious and insightful book, Jean Tirole tackles “This compact but powerful “A magni cent new book. . . . the core issues in the economics book by three internationally This is far more than the mere of international lending with his recognized European economists textbook it purports to be; it has a usual superb clarity of thought. is well worth reading. The authors plausible claim to be the  rst truly This book is essential reading to o er a thoughtful review of the comprehensive overview of cor- anyone interested in understand- current global  nancial crisis and a porate  nance by an economist.” ing the economics behind the number of considered recommen- —Economist recent drive to improve the inter- dations for ameliorating the next “Impeccably systematized. . . . national  nancial architecture.” and inevitable one.” Tirole’s book will have a prominent —Ken Rogo , Chief Economist —Choice place in my library, and I am sure and Director of Research, Interna- that I shall have plenty of occasions “Balancing the Banks, by three tional Monetary Fund French economists, focuses on to refer to its authority in the fu- “This book presents one of the what went wrong with  nancial ture. It fully deserves a ‘buy’ rating.”  rst comprehensive attempts regulation and how it can be —Rudi Bogni, Times Higher Educa- to bring rigorous theoretical strengthened. It o ers an excel- tion Supplement foundations into the debate on lent appreciation of the intrinsic Here, one of the world’s leading the international  nancial archi- dilemmas involved in regulating economists o ers a lucid, uni ed, tecture. The analysis is simple,  nancial institutions, along with and comprehensive introduction elegant, and yields insights that an explanation of why regulation to modern corporate  nance are often unconventional and is necessary, and addresses, theory. Jean Tirole builds his land- always thought-provoking. This is among other topics, how to deal mark book around a single model, an indispensable reference for all with distressed banks. The book using an incentive or contract economists interested in the cur- provides a useful non-American theory approach. Filling a major rent debates on the international view of the  nancial system, with gap in the  eld, The Theory of  nancial architecture.” lessons from practices in Europe- Corporate Finance is an indispens- —Olivier Jeanne, International an countries.” able resource for graduate and Monetary Fund —Foreign A airs advanced undergraduate students Based on the Paolo Ba Lecture O ering a global perspective, as well as researchers of corporate the author delivered at the Bank Balancing the Banks should be  nance, industrial organization, of Italy, this refreshingly accessible read by anyone concerned with political economy, development, book is teeming with rich insights solving the current crisis and and macroeconomics. that researchers, policymakers, preventing another such calamity 2006. 656 pages. 138 line illus. 25 tables. and students at all levels will  nd Cl: 978-0-691-12556-5 $95.00 | £65.00 in the future. indispensable. 2010. 152 pages. 1 table. Cl: 978-0-691-14523-5 $32.95 | £22.95 2002. 168 pages. Cl: 978-0-691-09985-9 $57.50 | £39.95

10 GENERAL INTEREST New Third Edition THE ECONOMETRIC & Mastering ’Metrics TINBERGEN INSTITUTES Rational Expectations The Path from Cause to E ect LECTURES and In ation Joshua D. Angrist & Herman K. van Dijk & Thomas J. Sargent Jörn-Ste en Pischke Philip Hans Franses, series editors “Rational Expectations and In ation “Written by true ‘masters of ’metrics,’ is a collection of classic articles on New this book is perfect for those who the subject, several of which were wish to study this important sub- Bayesian Non- and Semi- explicitly cited in the scienti c ject. Using real-world examples and parametric Methods and background to Sargent’s Nobel only elementary statistics, Angrist Applications Prize. The contribution of this book and Pischke convey the central Peter E. Rossi is great.” methods of causal inference with “Peter Rossi, an expert on Bayesian —Marco Bassetto, Federal Reserve clarity and wit.” analysis, presents a crisp introduc- Bank of Chicago —Hal Varian, chief economist at tion to an increasingly important 2013. 392 pages. 34 line illus. 47 tables. Google Cl: 978-0-691-15870-9 $39.95 | £27.95 class of models and their use in 2015. 304 pages. 4 halftones. 36 line illus. 25 tables. econometric applications.” Pa: 978-0-691-15284-4 $35.00 | £24.95 —Andrew Gelman, Columbia A Cooperative Species Cl: 978-0-691-15283-7 $79.50 | £55.00 University Human Reciprocity and Its 2014. 224 pages. 66 line illus. Evolution New Cl: 978-0-691-14532-7 $45.00 | £30.95 Samuel Bowles & High-Frequency Herbert Gintis Financial Econometrics Yield Curve Modeling “The achievement of Bowles and Yacine Aït-Sahalia & and Forecasting Gintis is to have put together from Jean Jacod The Dynamic Nelson-Siegel the many disparate sources of Approach “An important and timely work evidence a story as plausible as by two of the leading experts in Francis X. Diebold & any we’re likely to get in the pres- Glenn D. Rudebusch high-frequency data. Aït-Sahalia ent state of behavioural sciences “Diebold and Rudebusch have and Jacod take readers to the very of how human beings came to be succeeded in writing a milestone forefront of this rapidly evolving as co-operative as they are.” book that will be used variously as area. They cover both the practical —W. G. Runciman, London Review a standard reference, a guide for side of  nancial data and the math- of Books future research topics, a text book, ematical theory of stochastic pro- “An outstanding book that pres- or as a convenient introduction to cesses, and show how to connect ents an important contribution the topics of yield curve modeling the two. High-Frequency Financial and quite simply raises the scien- and macro- nance.” Econometrics is a must-read for ti c standard associated with the —Leo Krippner, International academics and practitioners alike.” di cult and contentious problem Review of Economics and Finance —Per Mykland, University of of how human altruism evolved.” 2013. 224 pages. 12 line illus. 6 tables. —Charles E erson, Economic Chicago Cl: 978-0-691-14680-5 $39.50 | £27.95 2014. 688 pages. 35 line illus. Journal Cl: 978-0-691-16143-3 $55.00 | £37.95 For more titles, please visit: 2013. 280 pages. 39 line illus. 24 tables. press.princeton.edu/catalogs/series/ Pa: 978-0-691-15816-7 $24.95 | £16.95 etils.html

ECONOMETRICS ECONOMIC THEORY 11 Forthcoming THE GORMAN LECTURES Microeconomic With a new introduction by IN ECONOMICS Foundations I the authors Choice and Richard Blundell, series editor TEXTBOOK Lectures on Public Competitive Markets Economics Recursive Models TEXTBOOK David M. Kreps of Dynamic Linear Anthony B. Atkinson & “Kreps sets out the theories of Economies Joseph E. Stiglitz individual choice and competitive Lars Peter Hansen & “Lectures on Public Economics markets precisely yet readably, Thomas J. Sargent remains the most comprehensive even entertainingly, while antic- ipating and carefully answering “This is the ideal book for those and deepest textbook on the many of the questions of interpre- who want to study, understand, subject. The discussions presented tation and motivation that even and work with linear-quadratic here o er very insightful views on the best texts seldom fully answer. dynamic economies. Providing the limits of tax theory analysis It is di cult to imagine a student, a thorough, authoritative, that cannot be found in pure or scholar, who would not gain yet accessible treatment, it research articles, and help guide from this masterful treatment.” contains a superb analysis of students who want to carry out —Vincent P. Crawford, University the connections between var- research of their own.” of Oxford ious linear-quadratic dynamic —Emmanuel Saez, University of California, Berkeley 2012. 584 pages. 46 line illus. 5 tables. programming problems, the Cl: 978-0-691-15583-8 $39.50 | £27.95 general equilibrium properties April 2015. 568 pages. 73 line illus. 22 tables. Cl: 978-0-691-16641-4 $49.95 | £34.95 of these economies, the type of aggregation applicable to them, The Handbook of and the time-series implications Second Edition Organizational for quantities and prices. A great Lecture Notes in Economics book by two giants of the  eld.” Microeconomic Theory Edited by Robert Gibbons & —Fernando Alvarez, University The Economic Agent John Roberts of Chicago Ariel Rubinstein TEXTBOOK “The Handbook of Organizational “[T]he required reference for Praise for the  rst edition: Economics is essential reading for all those interested in this  eld at anybody who works in modern “This book will be a valuable the con uence of economics and dynamic macroeconomic addition to the small collection of management. . . . We can safely problems.” high-level texts in microeconomics. bet that this wonderful handbook —Rodolfo E. Manuelli, Washing- It is distinguished by Rubinstein’s will encourage new research and ton University in St. Louis characteristic skill in choice of doctoral courses.” 2014. 240 pages. 20 line illus. topics and exposition, and by his Cl: 978-0-691-04277-0 $45.00 | £30.95 —Jean Tirole, Toulouse School of unique perspective on economic Economics For more titles, please visit theory and game theory. At the press.princeton.edu/catalogs/ same time, it will be accessible to a 2013. 1248 pages. 150 tables. 150 line illus. Cl: 978-0-691-13279-2 $99.50 | £69.95 series/gl.html wide range of students.” —Vincent Crawford, University of California, San Diego 2012. 168 pages. 21 line illus. 3 tables. Pa: 978-0-691-15413-8 $35.00 | £24.95

12 MICROECONOMICS New Paperback New New Paperback With a new afterword by the Beautiful Game Theory Revised Edition author How Soccer Can Help The Bounds of Reason Jane Austen, Game Economics Game Theory and the Theorist Ignacio Palacios-Huerta Uni cation of the Behavioral Michael Suk-Young Chwe “This stimulating book shows that Sciences an understanding of economic Herbert Gintis “Chwe argues that Austen ideas gives deep insights into isn’t merely fodder for “Gintis contributes importantly soccer play, and that soccer game-theoretical analysis, but to a new insight gaining provides important evidence to an unacknowledged founder ascendancy: economy is about test various theories of economic of the discipline itself: a kind of the unintended consequences behavior, such as e cient markets Empire-waisted version of the of human sociality. This book and social in uences on behavior. mathematician and cold war is  rmly in the revolutionary You do not have to be a soccer thinker John von Neumann, tradition of David Hume fan to learn from and enjoy this ruthlessly breaking down the (Convention) and Adam Smith engaging book.” stratagems of 18th-century (Sympathy).” —Gary S. Becker, University social warfare.” —Vernon L. Smith, Nobel of Chicago, Nobel Laureate in —Jennifer Schuessler, New York Laureate in Economics Economics Times 2014. 288 pages. 36 line illus. 2014. 224 pages. 2 halftones. 35 line illus. Pa: 978-0-691-16084-9 $29.95 | £19.95 2014. 296 pages. 5 line illus. 9 tables. 30 tables. Cl: 978-0-691-14052-0 $65.00 | £44.95 Pa: 978-0-691-16244-7 $22.95 | £15.95 Cl: 978-0-691-14402-3 $35.00 | £24.95 Cl: 978-0-691-15576-0 $35.00 | £24.95 Second Edition With a new afterword by the Game Theory Game Theory Evolving author An Introduction A Problem-Centered Rational Ritual Steven Tadelis TEXTBOOK Introduction to Modeling Strategic Interaction Culture, Coordination, and “It’s hard to write a game theory Herbert Gintis Common Knowledge textbook that strikes a good TEXTBOOK Michael Suk-Young Chwe balance between precision and Praise for Princeton’s previous “A welcome addition. . . . Rational accessibility. But Steve Tadelis has edition: Ritual . . . can be understood and accomplished this juggling act, “Gintis has wholeheartedly enjoyed by almost anyone inter- with style and humor besides.” embraced the evolutionary ap- ested in human interaction.” —Eric S. Maskin, Nobel Laureate in proach to games. . . . The author —Vincent P. Crawford, Journal of Economics, Harvard University is an accomplished economist Economic Literature 2013. 416 pages. 87 line illus. 1 table. raised in the classical mold, and Cl: 978-0-691-12908-2 $50.00 | £34.95 2013. 152 pages. 31 line illus. 3 tables. his background shows in many Pa: 978-0-691-15828-0 $22.95 | £15.95 aspects of the book. . . . [He] has important things to say.” —Karl Sigmund, Science 2009. 408 pages. 79 line illus. 2 tables. Pa: 978-0-691-14051-3 $49.95 | £34.95

Read newsworthy and lively commentary on our blog at blog.press.princeton.edu pup.princeton.edu GAME THEORY 13 Forthcoming Forthcoming Paperback Forthcoming Second Edition Fourth Edition Fourth Edition Monetary Policy, Free Trade under Fire Development In ation, and the Douglas A. Irwin Macroeconomics Business Cycle “A wealth of reporting, both of Pierre-Richard Agénor & An Introduction to the New trade-theory debates and of Peter J. Montiel Keynesian Framework and recent political battles in America Praise for the previous edition: Its Applications over trade, is elegantly squeezed “Since its  rst edition, the book has Jordi Galí into the book. . . . If [Free Trade remained the de nitive text on the under Fire does] not change trade Praise for the previous edition: macroeconomics of developing sceptics’ minds, it is hard to think “Jordi Galí provides an authori- countries.” what else would.” tative overview of the research —Abstracts of Public Admin- —Economist that revolutionized monetary istration, Development, and economics during the past de- July 2015. 328 pages. 30 line illus. 12 tables. Environment Pa: 978-0-691-16625-4 $27.95 | £19.95 cade, by embedding sticky prices July 2015. 704 pages. 62 line illus. 1 table. in a coherent dynamic general Cl: 978-0-691-16539-4 $90.00 | £62.00 equilibrium framework—thus Rethinking Expectations providing a novel and much The Way Forward for Sovereign Wealth Funds Macroeconomics clearer positive and normative Legitimacy, Governance, and analysis of monetary policy. Edited by Roman Frydman & Global Power Edmund S. Phelps The presentation is elegant and Gordon L. Clark, Adam D. intuitive, yet rigorous. The book “[A] must-read for anyone interest- Dixon & Ashby H. B. Monk will be a standard reference for ed in modern economic thought “This book is an outstanding graduate students, researchers, and its implications for policy.” scholarly contribution to under- and policymakers. It is also highly —Dale Mortsensen, Nobel Laure- standing the emerging world of the recommended as a textbook for ate in Economics twenty- rst century.” money/macro courses. Numerous 2013. 440 pages. 48 line illus. 18 tables. —Allen J. Scott, University of useful exercises are provided.” Cl: 978-0-691-15523-4 $49.50 | £34.95 California, Los Angeles —Robert Kollmann, European One of Financial Times’ Best Books of 2011 2013. 240 pages. 11 line illus. 7 tables. Center for Advanced Research Cl: 978-0-691-14229-6 $39.50 | £27.95 Finalist, 2011 Paul A. Samuelson Award, in Economics and Statistics, Free TIAA-CREF University of Brussels Beyond Mechanical Remembering In ation May 2015. 256 pages. 14 line illus. 4 tables. Markets Cl: 978-0-691-16478-6 $69.50 | £48.95 Brigitte Granville Asset Price Swings, Risk, and the Role of the State “[A] highly informative, well-written volume.” Roman Frydman & Michael D. Goldberg —Choice 2013. 296 pages. 29 line illus. 23 tables. “[A] groundbreaking look at how Cl: 978-0-691-14540-2 $35.00 | £24.95 to tame asset booms and busts.” —James Pressley, Bloomberg News 2011. 304 pages. 25 line illus. 4 tables. Cl: 978-0-691-14577-8 $35.00 | £24.95

14 MACROECONOMICS & INTERNATIONAL ECONOMICS New New Paperback Running Randomized Why Gender Matters in With a new preface by the Evaluations Economics author A Practical Guide Mukesh Eswaran TEXTBOOK The Quest for Prosperity Rachel Glennerster & How Developing Economies Kudzai Takavarasha “This thoughtful, energetic, creative, Can Take O “Randomized impact evaluations, and engaging book does a terri c Justin Yifu Lin job reviewing and explaining some pioneered by Rachel Glennerster of the most interesting economic “As an accessible summary of how and her colleagues, have emerged research on gender in recent years. the World Bank . . . thinks about as a powerful new tool in the  ght It  lls an important gap in the gen- development these days, The Quest against poverty. This book gives us der and economics literature.” for Prosperity is hard to beat. It will a critical guide for how to actually —Nancy Folbre, professor emer- quickly  nd its way on to the course do them. It is required reading itus of economics, University of reading lists for development eco- for students, professionals, and Massachusetts, Amherst nomics master’s programmes.” researchers committed to using —Howard Davies, Times Higher 2014. 408 pages. 39 line illus. 12 tables. evidence to guide policy.” Cl: 978-0-691-12173-4 $45 .00 | £30.95 Education —Dean Karlan, coauthor of More 2014. 360 pages. 2 line illus. Than Good Intentions Pa: 978-0-691-16356-7 $19.95 | £13.95 Public Capital, Growth Cl: 978-0-691-15589-0 $27.95 | £19.95 2013. 480 pages. 50 line illus. 25 tables. Pa: 978-0-691-15927-0 $35.00 | £24.95 and Welfare Cl: 978-0-691-15924-9 $75.00 | £52.00 Analytical Foundations for With a new afterword by Public Policy the author Pricing the Planet’s Future Pierre-Richard Agénor Awakening Giants, The Economics of Discounting “[A]n ideal reference for those who Feet of Clay in an Uncertain World study, teach, and work in the  elds Assessing the Economic Rise Christian Gollier of economic growth, develop- of China and India “Pricing the Planet’s Future explores ment, and poverty alleviation.” Pranab Bardhan the history and future of the —Costas Azariadis, Washington “Bardhan’s study [is] a splendid modern economic theory of dis- University in St. Louis advance in the underdeveloped counting and its consequences for 2013. 264 pages. 20 line illus.  eld of serious, detailed, analytical Cl: 978-0-691-15580-7 $39.50 | £27.95 sustainable development. Written comparison of India and China, two for professional economists and of the world’s premier economies.” graduate students, this book is one The Long Divergence —Thomas G. Rawski, Economic of the best on dynamic decision How Islamic Law Held Back the Development and Cultural Change making.” Middle East 2013. 192 pages. 13 line illus. 9 tables —Jason Shogren, University of Timur Kuran Pa: 978-0-691-15640-8 $18.95 | £12.95 Cl: 978-0-691-12994-5 $45.00 | £30.95 Wyoming “Professor Kuran’s book o ers the Not for sale in South Asia 2012. 248 pages. 27 line illus. 10 tables. best explanation yet for why the Cl: 978-0-691-14876-2 $35.00 | £24.95 Middle East has lagged.” —Nicholas D. Kristof, New York Times 2012. 424 pages. 12 halftones. 8 line illus. 10 tables. 2 maps. Pa: 978-0-691-15641-5 $24.95 | £16.95 Cl: 978-0-691-14756-7 $29.95 | £19.95

DEVELOPMENT ECONOMICS & THE ECONOMICS OF CLIMATE CHANGE 15 Forthcoming Paperback Second Edition Lectures on Behavioral Winner of the 2014 Best Book Award, The Economics Migration and Citizenship Section, Macroeconomics American Political Science Association of Imperfect Labor Paul De Grauwe The Price of Rights Markets TEXTBOOK “De Grauwe voices the concerns of Regulating International Labor Tito Boeri & Jan van Ours many macroeconomists regarding Migration Praise for the  rst edition: the empirical plausibility of the Martin Ruhs rational expectations assumption. “Understanding the role of labor “To what extent should countries He shows how a parsimonious, market institutions is a di cult but encourage immigration? What boundedly rational approach can central task. Good institutions can rights should be conferred on improve the  t of sticky price mac- alleviate the adverse e ects of the immigrants, especially temporary ro models to the data in a number many imperfections that character- ones? Ruhs emphasizes the of important dimensions.” ize labor markets. But, unfortunately, uncomfortable tradeo s built into —John Du y, University of bad institutions can, and often do, every answer to those questions.” Pittsburgh make things worse. By relying on —Richard Cooper, Foreign A airs simple theory and an accumulating In mainstream economics, and “This is a carefully researched book body of careful evidence, this book particularly in New Keynesian that starkly shows the trade-o s helps us think straight. An essential macroeconomics, the booms involved between extending more read for anybody interested in going and busts that characterize rights to migrants, versus extend- beyond clichés, and understanding capitalism arise because of large ing more opportunities to enable what institutions do and should do.” external shocks. The combination people to take advantage of the —Olivier Blanchard, Massachusetts of these shocks and the slow large gains in income possible Institute of Technology adjustments of wages and prices through international migration. 2013. 464 pages. 100 line illus. 56 tables. by rational agents leads to cyclical A  rst-rate contribution to current Cl: 978-0-691-15893-8 $65.00 | £44.95 movements. In this book, Paul policy and academic debates.” De Grauwe argues for a di erent —David McKenzie, lead economist From Neighborhoods macroeconomics model—one in the Development Research to Nations that works with an internal expla- Group at the World Bank The Economics of Social nation of the business cycle and March 2015. 272 pages. 13 line illus. 16 tables. Interactions factors in agents’ limited cognitive Pa: 978-0-691-16600-1 $24.95 | £16.95 abilities. By creating a behavioral Cl: 978-0-691-13291-4 $35.00 | £24.95 Yannis M. Ioannides “Ioannides has accomplished a model that is not dependent remarkable survey and synthesis on the prevailing concept of of the scattered literature on rationality, De Grauwe is better urbanization as a response to able to explain the  uctuations nonmarket factors. . . . This is an of economic activity that are important synthesis of material to an endemic feature of market which the author has been a major economies. This new approach contributor. “ illustrates a richer macroeconomic —Kenneth J. Arrow, Stanford dynamic that provides for a better University, Nobel Laureate in understanding of  uctuations in Economics output and in ation. 2012. 544 pages. 14 line illus. 7 tables. 2012. 152 pages. 64 line illus. 4 tables. Cl: 978-0-691-12685-2 $65.00 | £44.95 Cl: 978-0-691-14739-0 $39.50 | £27.95 16 LABOR ECONOMICS & URBAN ECONOMICS BEHAVIORAL ECONOMICS Forthcoming Paperback Forthcoming New Paperback Revised Edition Locus of Authority With a new foreword by Higher Education in The Evolution of Faculty Roles Kevin M. Guthrie and a new America in the Governance of Higher appendix by the author Derek Bok Education Higher Education in the William G. Bowen & Digital Age “Comprehensive, judicious, prob- Eugene M. Tobin William G. Bowen ing, and immensely informative, written for students, parents, and “Withering critiques of the acade- “It is worth reading for its beautiful taxpayers as well as ‘insiders,’ it is my appear daily, predicting the end prose and for its clear commit- one of the best books to appear of higher education as we know it. ment to the continuing impor- on this subject in decades.” Bowen and Tobin step into this fray tance of teaching and pedagogy —Glenn Altschuler, Hu ngton Post with insight, deep knowledge of in higher education.” April 2015. 496 pages. 5 tables. the  eld, data, and a good eye for —Miriam E. David, Times Higher Pa: 978-0-691-16558-5 $19.95 | £13.95 history. Their eminently sensible Education Cl: 978-0-691-15914-0 $35.00 | £24.95 book convincingly argues that

higher education institutions have 2015. 232 pages. 4 line illus. Falling Behind? evolved over time in response to Pa: 978-0-691-16559-2 $16.95 | £11.95 Cl: 978-0-691-15930-0 $26.95 | £18.95 Boom, Bust, and the Global pressures and challenges, and that Race for Scienti c Talent they are capable of continuing this Michael S. Teitelbaum evolution.” Winner of the 2010 Pierre Bourdieu Book Award, Sociology of Education Section, “With verve and clarity, Falling —Lawrence S. Bacow, president American Sociological Association Behind? raises the level of discourse emeritus, Tufts University Honorable Mention, 2009 PROSE Award for Excellence in Education, Association of on science workforce issues.” American Publishers —Richard Freeman, Harvard February 2015. 448 pages. 2 line illus. Cl: 978-0-691-16642-1 $29.95 | £19.95 Crossing the Finish Line University Completing College at 2014. 280 pages. 17 line illus. 7 tables. America’s Public Universities Cl: 978-0-691-15466-4 $29.95 | £19.95 Lessons Learned William G. Bowen, Re ections of a University Matthew M. Chingos & President Winner of the 2011 Phillip E. Frandson Michael S. McPherson Award for Literature, University Professional William G. Bowen and Continuing Education Association “[E]ssential for those interested in Honorable Mention, 2010 PROSE Award “[Bowen’s] advice on how to be a for Excellence in Education, Association of higher education and public policy.” successful leader of a university is American Publishers —Elizabeth Hayford, Library invariably spot-on.” With a new preface by the Journal (starred review) —Alan Ryan, New Statesman author 2011. 416 pages. 97 line illus. 9 tables. The Great Brain Race 2013. 176 pages. Pa: 978-0-691-14990-5 $24.95 | £16.95 Pa: 978-0-691-15808-2 $18.95 | £12.95 How Global Universities Are Cl: 978-0-691-14962-2 $24.95 | £16.95 Reshaping the World Ben Wildavsky “[A] fascinating story.” —Economist 2012. 256 pages. Pa: 978-0-691-15455-8 $18.95 | £12.95 pup.princeton.edu ECONOMICS OF EDUCATION 17 Forthcoming Forthcoming Forthcoming Eating People Is Wrong, The Shape of the New The Rise and Fall of and Other Essays on Four Big Ideas and How They Classical Greece Famine, Its Past, and Its Made the Modern World Josiah Ober Future Scott L. Montgomery & Daniel Chirot “This is a groundbreaking book on Cormac Ó Gráda the ancient world. Displaying the “The Shape of the New is an “This is a superb book that should narrative skill of a master historian, ambitious book and a joy to read. become a classic. Cormac Ó Gráda The Rise and Fall of Classical Greece The scholarship is brilliant. In brings extraordinary social scien- is must reading.” contextualizing the great ideas of ti c rigor to the history of famine.” —Barry Strauss, author of The modern history, Montgomery and —Stephen Wheatcroft, Nazarbayev Death of Caesar: The Story of Histo- Chirot provide a holistic frame- University, Kazakhstan ry’s Greatest Assassination work with which to understand April 2015. 248 pages. 14 line illus. 21 tables. The Princeton History of the Ancient World 8 maps. the processes of social change and May 2015. 464 pages. 1 halftone. 14 line illus. Cl: 978-0-691-16535-6 $35.00 | £24.95 ideological con ict.” 18 tables. 9 maps. —Paul Froese, coauthor of America’s Cl: 978-0-691-14091-9 $35.00 | £24.95 Forthcoming Four Gods: What We Say about Institutions, Innovation, God—and What That Says about Us New Paperback Finalist, 2014 Presidents’ Book Award, June 2015. 512 pages. and Industrialization Western Social Science Association Cl: 978-0-691-15064-2 $35.00 | £24.95 Essays in Economic History Shortlisted for the 2012 Gladstone Prize, and Development Royal Historical Society With a new preface by the Edited by Avner Greif, Lynne New author Kiesling & John V. C. Nye American Big Business in Masters of the Universe “The origins of modern economic Britain and Germany A Comparative History of Two Hayek, Friedman, and the Birth growth have been a central preoc- “Special Relationships” in the of Neoliberal Politics cupation of economic historians 20th Century Daniel Stedman Jones since, well, there has been modern Volker R. Berghahn “A novel and comprehensive economic growth. As this volume history of neoliberalism. . . . This is edited by Greif, Kiesling, and Nye “In this important book, Berghahn a bold biography of a great idea.” makes clear, that preoccupation is illuminates the two special trans- —Economist very much alive, and scholarship atlantic relationships which the U.S. government and especially 2014. 440 pages. 1 table. on the subject is alive and well. For Pa: 978-0-691-16101-3 $19.95 | £13.95 readers interested in understand- U.S. big business developed with Cl: 978-0-691-15157-1 $35.00 | £24.95 ing the state of the art, there is no Britain and Germany. Focusing on the attitudes and policies of better place to start.” Now Available in Paperback American economic and political —Barry Eichengreen, University of The German Economy elites, this expansive book draws California, Berkeley Beyond the Social Market e ectively from rich secondary February 2015. 440 pages. 27 line illus. 41 Horst Siebert tables. 16 maps. literature and primary sources.” Cl: 978-0-691-15734-4 $49.50 | £34.95 2014. 416 pages. 35 line illus. —Mary Nolan, New York University Pa: 978-0-691-16601-8 $35.00 | £24.95 2014. 392 pages. Cl: 978-0-691-16109-9 $49.50 | £34.95

18 ECONOMIC HISTORY & HISTORY OF ECONOMICS Forthcoming New New The Making of the Economic Finding Equilibrium Ancient Greek Economy Interdependence and War Arrow, Debreu, McKenzie and Institutions, Markets, and Dale C. Copeland the Problem of Scienti c Credit Growth in the City-States Till Düppe & E. Roy Weintraub “A landmark study, Economic Alain Bresson Interdependence and War presents “Düppe and Weintraub have “This magisterial book provides a novel and compelling argument written a powerful book that is an entirely new way of thinking about trade expectations and the both a marvelous introduction about the ancient Greek economy. prospects for peace and war among to modern economics for all who Alain Bresson is one of the world’s the great powers. This well-written want to know what mathematical leading authorities on the subject and accessible book buttresses its economists are up to, and a deep, and has contributed mightily to argument with an extraordinarily textured account of the paths recon guring the debate about valuable historical analysis of Arrow, Debreu, and M cKenzie it. Combining new theoretical great-power interactions from the followed on their way to general approaches, a deep knowledge of 1790s to the present day, and a equilibrium theory. A thoughtful ancient sources, and a remarkably superior intellectual engagement of mix of biography, intellectual his- wide reading in the economic his- the quantitative literature.” tory, and mathematical expertise, tory of other periods, he provides —Joseph Grieco, Duke University Finding Equilibrium invites us into a comprehensive introduction full Princeton Studies in International History and the moments that proved decisive of detail, evidence, and argument. Politics for economics as it exists today.” And he avoids jargon and insider 2014. 504 pages. 1 line illus. 7 tables. —Peter Galison, author of Einstein’s Pa: 978-0-691-16159-4 $32.95 | £22.95 Clocks, Poincaré’s Maps talk, writing in a direct and clear Cl: 978-0-691-16158-7 $95.00 | £65.00 prose that invites one in. This 2014. 304 pages. 11 halftones. groundbreaking book will be read Cl: 978-0-691-15664-4 $39.50 | £27.95 The Empire Trap for many years to come.” The Rise and Fall of U.S. —Gary Reger, Trinity College New Paperback Intervention to Protect With a new preface by the Otober 2015. 544 pages. American Property Overseas, Cl: 978-0-691-14470-2 $39.50 | £27.95 author 1893–2013 Philanthropy in America Noel Maurer Fortune Tellers A History The Story of America’s First “Noel Maurer’s wonderful book Olivier Zunz explores a long-standing question: Economic Forecasters “A splendid book about philan- as European powers built world em- Walter A. Friedman thropy in America.” pires in the nineteenth century, why “Timely, trenchant, and entertain- —Pablo Eisenberg, The Nation did the United States—the leading ing, Walter Friedman’s Fortune Politics and Society in Twentieth-Century America global economy—not follow suit? Tellers is a captivating history of 2014. 400 pages. The Empire Trap provides readers Pa: 978-0-691-16120-4 $19.95 | £13.95 modern economic forecasting.” with the de nitive answer.” Cl: 978-0-691-12836-8 $29.95 | £19.95 —Jonathan Levy, author of Freaks —James Robinson, coauthor of of Fortune: The Emerging World of Why Nations Fail: The Origins of Capitalism and Risk in America Power, Prosperity, and Poverty 2013. 288 pages. 28 halftones. Cl: 978-0-691-15911-9 $29.95 | £19.95 2013. 568 pages. 34 line illus. 18 tables. 1 map. Cl: 978-0-691-15582-1 $39.50 | £27.95 pup.princeton.edu ECONOMIC HISTORY & HISTORY OF ECONOMICS 19 DTHE PRINCETON ECONOMIC HISTORY OF THE WESTERN WORLD Joel Mokyr, series editor

Forthcoming Winner of the 2012 National Jewish Book New Award in Scholarship, Jewish Book Council Why Did Europe Conquer One of Jewish Ideas Daily’s Best Jewish Lending to the Borrower the World? Non ction Books for 2012 from Hell Philip T. Ho man The Chosen Few Debt, Taxes, and Default in the How Education Shaped Jewish Age of Philip II “Beginning with the Spanish and History, 70–1492 Mauricio Drelichman & Hans- Portuguese in the late  fteenth Maristella Botticini & Joachim Voth century, technological military Zvi Eckstein superiority appears to have been “A thoroughly enjoyable eco- the proximate cause of Europe’s “The astonishing theory presented nomic history book with great ever-expanding military domi- here has great implications for relevance for the present debate nance for the next  ve centuries. both the Jewish community and on sovereign borrowing.” Where did this technological su- the broader world today.” —Diane Coyle, Enlightened periority come from? The answer —Steven Weiss, Slate Economist provided in this convincing and “If you’ve ever wondered how “Sovereign debt is a paradox: why tightly argued book is interesting the Chosen People survived the lend to a ruler who can summarily and as de nitive as such answers vagaries of history, reading The change the terms and conditions get.” Chosen Few will give you answers under which he repays? This is —Stergios Skaperdas, University you cannot  nd anywhere else.” a deep question on which only of California, Irvine —Hu ngton Post history, ultimately, can shed Debunking traditional arguments, 2014. 344 pages. 4 line illus. 29 tables. 11 maps. light. Drelichman and Voth do Pa: 978-0-691-16351-2 $19.95 | £13.95 the history right in this detailed, Why Did Europe Conquer the Cl: 978-0-691-14487-0 $39.50 | £27.95 World? reveals the startling rigorous study of the notorious serial defaulter Philip II.” reasons behind Europe’s historic Why Australia Prospered —Barry Eichengreen, University of global supremacy. The Shifting Sources of California, Berkeley July 2015. 232 pages. Economic Growth Cl: 978-0-691-13970-8 $29.95 | £19.95 Ian W. McLean A fascinating story of  nance and empire, Lending to the Borrower “McLean has made a profoundly from Hell o ers an intelligent important contribution to our model for keeping economies safe understanding of where Australia in times of sovereign debt crises has come from as a nation, where and defaults. the country is now—and where it 2014. 328 pages. 4 halftones. 32 line illus. is going.” 29 tables. —Australian Financial Review Cl: 978-0-691-15149-6 $35.00 | £24.95 2012. 312 pages. 28 line illus. 2 tables. Cl: 978-0-691-15467-1 $35.00 | £24.95

21 20 DTHE PRINCETON ECONOMIC HISTORY OF THE WESTERN WORLD Joel Mokyr, series editor

New Cities of Commerce The Roman Market Power to the People The Institutional Foundations Economy Energy in Europe over the Last of International Trade in the Peter Temin Five Centuries Low Countries, 1250–1650 “Peter Temin’s fascinating book Astrid Kander, Paolo Oscar Gelderblom Malanima & Paul Warde deploys the techniques of eco- “This richly detailed book o ers an nomic analysis to understand the “Employing economic theory and important and critical reexamina- nature of Roman trade, markets, growth accounting to illuminate tion of the commercial revolution and transactions, and de nitively the linkages between energy in Northern Europe. Combining key challenges the view of the Roman use and economic activity and insights from law and institutional Empire as a ‘primitive’ economy.” supporting their argument with economics with a sharp historical —Alan K. Bowman, University extensive quantitative evidence, narrative, Gelderblom produces a of Oxford the authors make a compelling striking new understanding of how 2012. 320 pages. 16 line illus. 16 tables. case that modern economic formal and informal institutions Cl: 978-0-691-14768-0 $35.00 | £24.95 growth would have been propelled the European economy impossible without the increased forward.” Power over Peoples energy intensity made possible —Jean-Laurent Rosenthal, California Technology, Environments, by exploitation of fossil fuels. This Institute of Technology and Western Imperialism, work provides valuable historical “Illuminating. This book advances 1400 to the Present perspectives on pressing contem- the argument that intercity com- Daniel R. Headrick porary challenges.” petition over long-distance trade “Headrick destroys the simplistic —Choice in premodern Europe took the notion that technological “Power to the People is a work of form of legal changes favorable advances alone can explain the impressive scholarship, o ering to commerce. This important historic limits of Western global extensive and detailed quantitative argument provides new insight hegemony.” information—much of which is into European history and the —Choice new or not widely available—with institutional foundations of the 2012. 416 pages. 20 halftones. 4 maps. readable explanations of the tech- rise of the West. Gelderblom is a Pa: 978-0-691-15432-9 $25.95 | £17.95 nical innovations that drove eco-  rst-rate scholar.” Cl: 978-0-691-13933-3 $59.95 | £41.95 nomic performance. It shows how —Avner Greif, Stanford University energy use has long been central to 2013. 312 pages. 13 line illus. 10 tables. New Europe’s economic growth, but that Cl: 978-0-691-14288-3 $35.00 | £24.95 The Son Also Rises its role has been neither simple nor Surnames and the History of uniform.” New Social Mobility —William M. Cavert, University of Fragile by Design Gregory Clark Cambridge The Political Origins of Banking See page 4. 2014. 472 pages. 15 halftones. 87 line illus. Crises and Scarce Credit 89 tables.. Charles W. Calomiris & Cl: 978-0-691-14362-0 $39.50 | £27.95 Stephen H. Haber See page 5. For more titles, please visit press.princeton.edu/catalogs/series/pehww.html. 21 Forthcoming New Forthcoming E ciently Ine cient Playing at Acquisitions Revised Edition How Smart Money Invests and Behavioral Option Games Quantitative Risk Market Prices Are Determined Han Smit & Thras Moraitis Management Lasse Heje Pedersen “This book brings together the Concepts, Techniques and Tools “This accessible book explains best insights from strategy, Alexander J. McNeil, Rüdiger hedge fund strategies and how to corporate  nance, and psychology Frey & Paul Embrechts design, construct, evaluate, imple- to explore in a real,  ne-grained, Praise for the previous edition: ment, and risk manage them. The and practical way how to derive “Quantitative Risk Management is section on securities lending and winning acquisition strategies highly recommended for  nancial borrowing is interesting and novel, using both real options and game regulators. The statistical and and Pedersen’s discussion of macro theory to optimally time and lever- mathematical tools facilitate a bet- and central bank strategies is one age investments. It is a must-read ter understanding of the strengths of the best I have seen in any book for serious practitioners and those and weaknesses of a useful range on hedge funds. His account of aiming to get into the game.” of advanced risk-management portfolio construction is superior.” —Dan Lovallo, University of concepts and models, while the —Robert Kosowski, Imperial California, Berkeley focus on aggregate risk enhances College Business School “Smit and Moraitis are the  rst to the publication’s value to banking “E ciently Ine cient bridges incorporate behavioral biases into and insurance supervisors.” academic  nance and the practice a book for M&A practitioners. Ac- —Hans Blommestein, Financial of  nance. Students will appreciate cessible yet theoretically rigorous, Regulator the insights of top investment Playing at Acquisitions subdivides Princeton Series in Finance managers and the sections on complex strategies into manage- June 2015. 648 pages. transactions costs and liquidity able building blocks and illustrates Cl: 978-0-691-16627-8 $85.00 | £59.00 Not for sale in South Asia are especially valuable. I will use concepts through an in-depth the book in my graduate course study of a successful multistage Forthcoming Paperback on investment and I highly recom- acquisitions strategy. Highly With a new afterword by the mend it to all those working in the recommended for corporate strat- author investment management industry.” egists and M&A professionals.” The Locust and the Bee —Campbell R. Harvey, editor of —Carliss Y. Baldwin, Harvard Predators and Creators in the Journal of Finance (2006–2012) Business School Capitalism’s Future E ciently Ine cient e ectively 2015. 216 pages. 1 halftone. 26 line illus. 9 tables. Cl: 978-0-691-14000-1 $55.00 | £37.95 Geo Mulgan demonstrates how  nancial “Abounds with arresting obser- markets really work. vations . . . no one will  nish the May 2015. 368 pages. 65 line illus. 16 tables. Cl: 978-0-691-16619-3 $45.00 | £30.95 book without having learned something new and important.” Free problem sets are available online at www. lhpedersen.com —John Gray, New Statesman April 2015. 360 pages. Pa: 978-0-691-16574-5 $19.95 | £13.95 Cl: 978-0-691-14696-6 $29.95 | £19.95

To receive notices about new books, subscribe for e-mail at: press.princeton.edu/subscribe 22 FINANCE, INNOVATION & ENTREPRENEURSHIP New Paperback Solomon’s Knot Winner of the 2013 Silver Medal Axiom Business Book Award in Entrepreneurship, Winner of the 2011 Max Weber Book How Law Can End the Poverty Award, Organizations, Occupations, and Jenkins Group, Inc. Work Section, American Sociological of Nations Winner of the 2014 Entrepreneurship Association Robert D. Cooter & Practice Award, Entrepreneurship Division, Academy of Management The Entrepreneurial Group Hans-Bernd Schäfer Finalist for the 2013 George R. Terry Book Social Identities, Relations, and Award, Academy of Management “Solomon’s Knot unites law and Collective Action economics in cogently explaining The Founder’s Dilemmas Martin Ruef how e ective legal institutions Anticipating and Avoiding the Pitfalls That Can Sink a Startup “The Entrepreneurial Group is an support innovation—the engine of important book-length sociologi- economic growth in every society.” Noam Wasserman cal treatment of entrepreneurship —Curtis Milhaupt, Columbia “Wasserman’s book is a towering that challenges conventional University guide to making these decisions assumptions about the nature of thoughtfully and purposefully. “Readers interested in under- entrepreneurship, questions the Every founder should read it—and standing the law and economics appropriate unit of analysis with take the time to digest its rich data approach would do well to start which it should be studied, and and lessons.” with this well-written volume, which rede nes the outcomes that ought —Je Bussgang, Seeing Both Sides develops a model of the legal insti- to be of interest. . . . It is a worthy tutions needed for innovation.” 2013. 496 pages. 52 line illus. 6 tables. accomplishment that is both Pa: 978-0-691-15830-3 $19.95 | £13.95 —Choice Cl: 978-0-691-14913-4 $35.00 | £24.95 thought-provoking and engaging.” 2013. 344 pages. 21 line illus. 29 tables. —M. Diane Burton, Administrative Pa: 978-0-691-15971-3 $22.95 | £15.95 Cl: 978-0-691-14792-5 $37.50 | £26.95 Co-Winner of the 2010 Gold Medal Axiom Science Quarterly Business Book Award in Entrepreneurship, Not for sale in India Jenkins Group, Inc. “Ruef explodes the myth of the Winner of the 2009 PROSE Award for lone entrepreneur, showing Winner of the 2011 Silver Medal Axiom Excellence in Business, Finance, and how those who start businesses Business Book Award in Entrepreneurship, Management, Association of American Publishers assemble productive groups around Jenkins Group, Inc. Boulevard of Broken themselves. He explains in a brilliant, The Invention of original way how groups evolve into Enterprise Dreams Why Public E orts to Boost viable organizations and why some Entrepreneurship from Entrepreneurship and Venture succeed while others fail. This is a Ancient Mesopotamia to Modern Times Capital Have Failed and What must-read for anyone who wants to Do about It to understand how entrepreneurs Edited by David S. Landes, Josh Lerner build businesses and why growing Joel Mokyr & William J. Baumol an enterprise is a team sport.” “[A] timely contribution to our “[S]uperb.” —Philip Anderson, INSEAD, emerging understanding of entre- —Edward L. Glaeser, New York director of the Rudolf and Valeria preneurship in an historical context.” Times’ Economix blog Maag International Centre for —Michaël Bikard and Scott Stern, 2012. 240 pages. 9 line illus. 4 tables. Pa: 978-0-691-15453-4 $18.95 | £12.95 Entrepreneurship Journal of Economic Literature 2014. 312 pages. 29 line illus. 46 tables. 2012. 584 pages. 6 halftones. 7 line illus. Pa: 978-0-691-16394-9 $24.95 | £16.95 21 tables. 3 maps. Cl: 978-0-691-13809-1 $42.00 | £28.95 Pa: 978-0-691-15452-7 $37.50 | £26.95

KAUFFMAN FOUNDATION SERIES ON INNOVATION AND ENTREPRENEURSHIP 23 New Forthcoming Paperback Forthcoming Currency Politics Political Bubbles American Insecurity The Political Economy of Financial Crises and the Failure Why Our Economic Fears Lead Exchange Rate Policy of American Democracy to Political Inaction Je ry A. Frieden Nolan McCarty, Keith T. Poole Adam Seth Levine & Howard Rosenthal “This is international political “Developing a groundbreaking economy as it should be. Frieden “The authors provide an exhaus- theory about the di culties of presents a sturdy framework tive review of structural problems collective action in American that shows why various interest that they believe impede e ective politics, this book considers groups ought to favor strong or government response to new how interest groups, public weak currencies, and stable or catastrophic economic develop- political participation, and the  exible exchange rates. His book’s ments. Their arguments transcend responsiveness of elected o cials convincing applications of this the academic to include historical play a role in the distinct lack of framework range from sectional precedents and speci cs on Wall policies aimed at ameliorating the politics in nineteenth-century Street machinations.” e ects of economic insecurity in America, to today’s eurozone —Publishers Weekly the United States. One of the most divisions, to the vicissitudes of “McCarty, Poole, and Rosenthal important books in decades.” emerging markets.” have crafted a masterful analysis —James N. Druckman, —Je rey Frankel, Harvard of the 2008  nancial crisis.” Northwestern University University —Choice February 2015. 328 pages. 22 line illus. 30 tables. Cl: 978-0-691-16296-6 $29.95 | £19.95 “In Currency Politics, Frieden not April 2015. 368 pages. 3 halftones. 26 line illus. only draws together beautifully 11 tables. Pa: 978-0-691-16572-1 $24.95 | £16.95 Co-Winner of the 2014 Best Book Award, the strands of his previous work, Cl: 978-0-691-14501-3 $29.95 | £19.95 The Labor Project, American Political but he advances a new and Science Association In the Interest of Others entirely persuasive explanation Rethinking Private of the euro project as an essential Organizations and Social Authority bulwark against competitive Activism Agents and Entrepreneurs devaluations. Above all, he argues John S. Ahlquist & in Global Environmental Margaret Levi convincingly for the centrality of Governance exchange rate policy to domestic Jessica F. Green “This beautifully realized compar- politics, international relations, ative analysis of Australian and “The most important book yet and macroeconomics in open American trade unions powerfully written on private authority in economies.” advances our understanding of world politics. Conceptually rich, —Ronald Rogowski, University of organizational leadership, norms, carefully argued, and provocative.” California, Los Angeles beliefs, networks, scope, mobiliza- —David A. Lake, University of 2015. 320 pages. 13 line illus. 27 tables. tion, and much more.” Cl: 978-0-691-16415-1 $39.95 | £27.95 California, San Diego —Ira Katznelson, author of Fear 2014. 232 pages. 7 line illus. 11 tables. Itself: The New Deal and the Origins Pa: 978-0-691-15759-7 $24.95 | £16.95 Cl: 978-0-691-15758-0 $75.00 | £52.00 of Our Time 2013. 336 pages. 31 line illus. 14 tables. Pa: 978-0-691-15857-0 $29.95 | £19.95 Cl: 978-0-691-15856-3 $95.00 | £65.00 Connect with us on Twitter @ PrincetonUPress 24 POLITICAL ECONOMY New New New Paperback Caught Power Lines Winner of the 2013 Woodrow Wilson Foundation Award, American Political The Prison State and the Phoenix and the Making of Science Association Lockdown of American Politics the Modern Southwest One of Choice’s Top 25 Titles for 2013 Marie Gottschalk Andrew Needham A uence and In uence “In this pathbreaking and me- “Rarely does a work of history unite Economic Inequality and Political Power in America ticulous book, Gottschalk traces so many seemingly disconnected the rapid development of highly  elds of inquiry in such new and Martin Gilens targeted mass imprisonment exciting ways. Masterfully inter- “The best book in decades on since the early 1970s. Drawing weaving urban, Native American, political inequality. . . . [A] major links between the prison buildup and environmental history, Power step forward in the scienti c study and a range of policies that have Lines is a sobering assessment of political inequality in America.” increased state control and surveil- of Phoenix’s expansive postwar —Larry Bartels, Monkey Cage blog lance beyond the prison, Caught development. The legacies of the “This book is already being hailed sheds new light on the relationship region’s coal-powered history as a landmark study of American between criminal justice and the continue to shape contemporary political representation.” ideological shape, material condi- politics, spaces, and our shared en- —Thomas Ferguson, Perspectives tions, and institutional structure of vironmental future, making Power on Politics the broader political economy.” Lines as timely as it is insightful.” 2014. 352 pages. 9 halftones. 34 line illus. —Nicola Lacey, London School of —Ned Blackhawk, Yale University 55 tables. Pa: 978-0-691-16242-3 $24.95 | £16.95 Economics Politics and Society in Twentieth-Century Copublished with the Russell Sage Foundation America 2015. 496 pages. 8 line illus. Cl: 978-0-691-16405-2 $35.00 | £24.95 2014. 336 pages. 15 halftones. Cl: 978-0-691-13906-7 $35.00 | £24.95 Honorable Mention, 2011 PROSE Award Published with support from the William P. for Excellence in Economics, Association of One of Choice’s Outstanding Academic Clements Center for Southwest Studies, Southern American Publishers Titles for 2012 Methodist University Pillars of Prosperity The Oil Curse The Political Economics of How Petroleum Wealth Shapes Winner of the 2012 Best Book Award, Development Clusters the Development of Nations International Studies Association Timothy Besley & Michael L. Ross The New Global Rulers Torsten Persson The Privatization of Regulation “The Oil Curse leads us into the “This book is a must-read for any in the World Economy hidden world of the oil business. serious student of development Tim Büthe & Walter Mattli It presents some surprising dis- economics and political economy.” coveries and provides important “If you want to understand the —Daron Acemoglu, Massachu- information in a very accessible depths of globalization and what setts Institute of Technology way. It is the most up-to-date book makes it work, then I highly recom- The Yrjö Jahnsson Lectures on a timely and important topic.” mend reading this book.” 2013. 392 pages. 25 line illus. 25 tables. —Lisa Kaaki, Arab News —John Doces, Comparative Political Pa: 978-0-691-15815-0 $29.95 | £19.95 Cl: 978-0-691-15268-4 $46.95 | £32.95 2013. 312 pages. 46 line illus. 35 tables. Studies Pa: 978-0-691-15963-8 $22.95 | £15.95 2013. 320 pages. 13 halftones. 16 line illus. 20 tables. Pa: 978-0-691-15797-9 $24.95 | £16.95 Cl: 978-0-691-14479-5 $31.95 | £21.95 pup.princeton.edu POLITICAL ECONOMY 25 New Forthcoming New Paperback The Social Life of Money Pedigree Codes of Finance Nigel Dodd How Elite Students Get Engineering Derivatives in a Elite Jobs Global Bank “An exhaustive analysis of money Lauren A. Rivera Vincent Antonin Lépinay as a complex social process—not a thing—that will appeal to scholars “Rivera identi es the myriad ways “The  rst in-depth anthropological in many  elds.” that class in uences every stage of study of how banks invent new —Kirkus Reviews the hiring process at top-tier  rms,  nancial products. . . . Lépinay showing how it is that individuals spent nearly two years in a huge “Dodd presents a wide-ranging from a uent backgrounds have French bank . . . and his study is and sophisticated review and come to dominate the most elite both highly revealing and slightly integration of the academic work segments of the American labor farcical.” related to alternative conceptions market. She pulls back the curtain —Guardian of modern money. . . . [T]his is a time and time again, revealing richly rewarding book. Those of us “We have not seen an ethnogra- how processes that are apparently accustomed to thinking of money phy like Codes of Finance in a long class, race, and gender neutral are as something we exchange for time. Through the prism of inno- anything but.” beer and pizza will never again vative  nancial services designed —Elizabeth A. Armstrong, coauthor have such a simple story.” in a French bank, Vincent Lépinay of Paying for the Party: How College —Pietra Rivoli, Financial Times asks us to revise our conception of Maintains Inequality organizations, innovations, pro t, Questions about the nature “Pedigree sets a new standard of and speculation, and makes clear of money have gained a new rigor for qualitative social-science why the issue is not so much how urgency in the aftermath of the research. Rivera shows how edu- to get rid of derivatives as why we global  nancial crisis. Even as cational strati cation in the United need to understand them.” many people have less of it, there States is particularly pronounced —Michel Callon, École des Mines are more forms and systems of and caste-like at the gateway to de Paris money, from local currencies and elite professions, and how the 2015. 304 pages. 25 line illus. 1 table. social lending to mobile money boundary between elite colleges Pa: 978-0-691-16395-6 $29.95 | £19.95 and Bitcoin. Yet our understanding Cl: 978-0-691-15150-2 $42.00 | £28.95 and the elite  rms that recruit of what money is—and what it from them is so fuzzy as to be only might be—hasn’t kept pace. In The ceremonial.” Social Life of Money, Nigel Dodd, —Mitchell L. Stevens, author of one of today’s leading sociologists Creating a Class: College Admissions of money, reformulates the theory and the Education of Elites of the subject for a postcrisis world May 2015. 280 pages. 5 line illus. in which new kinds of money are Cl: 978-0-691-15562-3 $35.00 | £24.95 proliferating. 2014. 456 pages. 1 line illus. Cl: 978-0-691-14142-8 $35.00 | £24.95

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26 ECONOMIC SOCIOLOGY New New New A Social Strategy The Art of Social Theory Selling Our Souls How We Pro t from Social Richard Swedberg The Commodi cation of Media Hospital Care in the United “This is book about how to go about Mikołaj Jan Piskorski States theorizing in the social sciences. Adam D. Reich “Piskorski’s thought-provoking It speaks to graduate students and well-researched title is preparing for a dissertation and, “Today’s American hospitals ground-breaking and should perhaps more, to their mentors. It face many pressing concerns be required reading for those in is a perfect textbook for a graduate regarding solvency, dealing with business, and business faculty and seminar, and o ers a stimulating the uninsured and underinsured, students.” challenge to any social scientist who controlling overtreatment, and —Lucy Heckman, Library Journal is curious about how his or her own managing relationships among (starred review) ‘art of theorizing’ compares with various personnel. This accessible 2014. 288 pages. 13 line illus. 9 tables. Swedberg’s. I’ve been a theoretical book provides a close-up view of Cl: 978-0-691-15339-1 $29.95 | £19.95 social scientist for more than half a how three hospitals manage these century, and I was captivated.” issues to function within legal and —Thomas C. Schelling, Nobel market constraints, and o ers a New Laureate in Economics vivid picture of hospital organiza- Between Monopoly and 2014. 288 pages. 1 line illus. 1 table. tion in modern America.” Free Trade Cl: 978-0-691-15522-7 $29.95 | £19.95 —Michael Sauder, University of The English East India Iowa Company, 1600–1757 Economic Lives 2014. 248 pages. 11 line illus.1 table. Cl: 978-0-691-16040-5 $39.50 | £27.95 Emily Erikson How Culture Shapes the “This is a signi cant reassessment Economy of one of the most important Viviana A. Zelizer New organizations in European and, “Economic Lives reveals . . . Zelizer’s The Moral Background indeed, world economic history: An Inquiry into the History of brilliant craftsmanship in knitting the English East India Company. To Business Ethics together innovative narratives my knowledge, nobody has done Gabriel Abend about the ceaseless interplay be- what Erikson accomplishes in this tween money and social relations, “Abend combines history, philoso- book: a systematic quantitative means and meaning, objective phy, and social science to suggest network study based on primary and subjective, material and a comprehensive base for under- sources which establishes con- symbolic. . . . [H]er work still reigns standing moral behavior. While clusively how the private traders supreme in the description and the book’s focus is on business channeled the growth and success analysis of the careful economic ethics, the insights presented have of the EIC.” strategies individuals anxiously many applications.” —Henning Hillmann, University of deploy to  nd meaning and a —Choice Mannheim moral ground.” Princeton Studies in Cultural Sociology Princeton Analytical Sociology Series —Marion Fourcade, Sociological 2014. 416 pages. 14 line illus. Cl: 978-0-691-15944-7 $39.50 | £27.95 2014. 272 pages. 12 line illus. 8 tables. 1 map. Forum Cl: 978-0-691-15906-5 $39.95 | £27.95 2013. 496 pages. Pa: 978-0-691-15810-5 $24.95 | £16.95 Cl: 978-0-691-13936-4 $42.00 | £28.95 pup.princeton.edu ECONOMIC SOCIOLOGY 27 New Competition Policy and The Behavioral Getting Incentives Right Price Fixing Foundations of Improving Torts, Contracts, Louis Kaplow Public Policy and Restitution “Kaplow challenges—with gusto— Edited by Eldar Sha r Robert D. Cooter & Ariel Porat the very foundations of existing “[Behavioral Foundations of Public “Getting Incentives Right does just price  xing doctrine. Read this Policy] is a master compendium of as the book’s title says, and does so book with an open mind and you what we know.” in a way that will startle and edu- will come away questioning basic —David Brooks, New York Times cate novices as well as seasoned concepts long taken for granted in “I would recommend this book to economists and lawyers, not to antitrust law. Kaplow’s analysis is anyone looking for a comprehen- mention law professors and their precise and devastating. Prepare sive perspective on the potential students. The book guides readers to be challenged and rewarded by and limitations of the behavioural to places where multiple parties this brilliant and radical book.” insights popularized by Nudge and and margins are accounted for, —Carl Shapiro, University of similar works. . . . Those in govern- casting brilliant light on important California, Berkeley ment, non-pro ts, and the private legal problems.” “Kaplow has produced what is sector interested in empirically —Saul Levmore, University of likely to be recognized as the supported ways to motivate peo- Chicago Law School de nitive work on price  xing. His ple to act in their own best interest “Cooter and Porat are the most analysis is rigorous, comprehen- will  nd a rich source of examples innovative and inspirational law sive, lucid, and convincing.” and exposure to underlying theory and economics scholars of our —Richard A. Posner, University of in The Behavioral Foundations of generation. More than anyone Chicago Law School Public Policy.” else, they are good at identifying 2013. 512 pages. 25 line illus. —Jennifer Miller, LSE Review of ideas, problems, and solutions that Cl: 978-0-691-15862-4 $49.50 | £34.95 Books cut across subject areas. This book “Roll over, economists. We have brings them together to unveil With a foreword by always, pridefully, thought of common threads and exploit Stephen Breyer ourselves as the major arbiters of analytical synergies between Collaborative Governance good public policy: take it or leave di erent concepts. This is a work Private Roles for Public Goals in it based on cost-bene t analysis. that every scholar in the  eld and Turbulent Times The Behavioral Foundations of every respectable academic library John D. Donahue & Public Policy challenges that will want to own.” Richard J. Zeckhauser hegemony. In each interesting —Francesco Parisi, University of “Required reading for anyone inter- chapter . . . the book shows the Minnesota Law School and Univer- ested or involved in public policy role of psychology in public policy. sity of Bologna making to understand the potential Only one word can describe this 2014. 240 pages. 11 line illus. 4 tables. Cl: 978-0-691-15159-5 $39.50 | £27.95 value, and risks, of collaborative book: wow!” governance.” —George Akerlof, Nobel Laureate —Sasha Jesperson, LSE Politics and in Economics Policy blog 2013. 536 pages. 35 line illus. 23 tables. Cl: 978-0-691-13756-8 $55.00 | £37.95 2012. 320 pages. 5 line illus. 3 tables. Pa: 978-0-691-15630-9 $18.95 | £12.95 Cl: 978-0-691-14979-0 $27.95 | £19.95

28 LAW & PUBLIC POLICY New New New The Transformation of With a foreword by Richard The Princeton Companion the World Florida to Atlantic History A Global History of the Atlas of Cities Edited by Joseph C. Miller Nineteenth Century Edited by Paul Knox Vincent Brown, Jorge Jürgen Osterhammel “This fascinating survey e ectively Cañizares-Esguerra, Laurent Translated by Patrick Camiller complemented and enriched Dubois & Karen Ordahl Kupperman, associate editors “A work of tremendous conceptual by color maps, charts, and precision, breadth and insight, illustrations, celebrates the urban This book, the  rst encyclopedic a masterpiece that sets a new landscape’s past, present, and reference work on Atlantic history, benchmark for debates on the potential for the future. Intended takes an integrated, multiconti- history of world society.” for the general reader, Knox’s nental approach that emphasizes —Benjamin Ziemann, Times reference is recommended to the dynamics of change and the Literary Supplement anyone interested in urban studies perspectives and motivations of the peoples who made it happen. “This superb study gives form to and geography.” a global history that lasts from —Library Journal (starred review) 2015. 568 pages. 24 halftones. 1 line illus. 5 maps. Cl: 978-0-691-14853-3 $65.00 | £44.95 the late 18th well into the 20th 2014. 256 pages. Cl: 978-0-691-15781-8 $49.50 | £34.95 century and it does so without oversimplifying. It is exhilarating New Paperback Winner of the 2013 Jacques Barzun Prize to  nd a system builder with such in Cultural History, American Philosophical a feeling for nuance and di er- New Society The His tory of American Winner of the 2012 R. R. Hawkins Award, ence. . . . [T]he history enthusiast Association of American Publishers will  nd there is no match for this Higher Education Winner of the 2013 Philip Scha Prize, resource. In it, there is much to Learning and Culture from the American Society of Church History Founding to World War II One of Choice’s Outstanding Academic appreciate.” Titles for 2013 Roger L. Geiger —Library Journal (starred review) Through the Eye of a America in the World “An encyclopedic history of Ameri- Needle 2014. 1192 pages. 6 tables. can colleges and universities. . . . A Cl: 978-0-691-14745-1 $39.95 | £27.95 Wealth, the Fall of Rome, and well-researched, detailed tome.” the Making of Christianity in —Kirkus Reviews the West, 350–550 AD New 2014. 584 pages. 1 table. Peter Brown Cl: 978-0-691-14939-4 $35.00 | £24.95 1177 B.C. “Outstanding. . . . Brown lays The Year Civilization Collapsed before us a vast panorama of the Eric H. Cline entire culture and society of the “The degree of interpenetration and late Roman west.” of cultural sharing is astonishing.” —Peter Thornemann, Times Literary —Adam Gopnik, New Yorker Supplement Turning Points in Ancient History 2014. 816 pages. 12 color illus. 8 halftones. 1 line illus. 4 maps. 2014. 264 pages. 10 halftones. 2 maps. Pa: 978-0-691-16177-8 $24.95 | £16.95 Cl: 978-0-691-14089-6 $29.95 | £19.95 Cl: 978-0-691-15290-5 $39.95 | £27.95

pup.princeton.edu OF RELATED INTEREST 29 Introduction to Modern Mostly Harmless Behavioral Game Theory Economic Growth Econometrics Experiments in Strategic Daron Acemoglu An Empiricist’s Companion Interaction 2009. 1008 pages. 100 line illus. Joshua D. Angrist & Colin F. Camerer Cl: 978-0-691-13292-1 $99.95 | £40.00 Jörn-Ste en Pischke The Roundtable Series in Behavioral Economics 2009. 392 pages. 8 halftones. 17 line illus. Copublished with the Russell Sage Foundation 26 tables. 2003. 584 pages. 32 line illus. 82 tables. Pa: 978-0-691-12035-5 $42.00 | £28.95 Cl: 978-0-691-09039-9 $115.00 | £80.00 Not for sale in South Asia

The Econometrics of Revised Edition Forthcoming Financial Markets Asset Pricing Second Edition John Y. Campbell, Andrew W. Lo John H. Cochrane Monetary Policy, In ation, & A. Craig MacKinlay 2005. 568 pages. 51 line illus. 20 tables. and the Business Cycle An Introduction to the New 1996. 632 pages. Cl: 978-0-691-12137-6 $115.00 | £45.00 Cl: 978-0-691-04301-2 $110.00 | £52.00 Not for sale in South Asia Keynesian Framework and Its Applications Jordi Galí May 2015. 256 pages. 14 line illus. 4 tables. Cl: 978-0-691-16478-6 $69.50 | £48.95

Time Series Analysis Econometrics Forthcoming Paperback James D. Hamilton Fumio Hayashi Fourth Edition 1994. 820 pages. 2000. 712 pages. Free Trade under Fire Cl: 978-0-691-04289-3 $115.00 | £55.00 Cl: 978-0-691-01018-2 $115.00 | £35.00 Douglas A. Irwin Not for sale in South Asia April 2015. 328 pages. 30 line illus. 12 tables. Pa: 978-0-691-16625-4 $27.95 | £19.95 30 CLASSIC TEXTBOOKS Microeconomic Foundations I A Course in Microeconomic The Theory of Incentives Choice and Competitive Markets Theory The Principal-Agent Model David M. Kreps David M. Kreps Jean-Jacques La ont & 2012. 584 pages. 46 line illus. 5 tables. 1990. 863 pages. David Martimort Cl: 978-0-691-15583-8 $39.50 | £27.95 Cl: 978-0-691-04264-0 $120.00 2002. 440 pages. 70 line illus. For sale only in the United States, Canada, and Pa: 978-0-691-09184-6 $65.00 | £27.95 Japan

Development Economics The Theory of Corporate Second Edition Debraj Ray Finance Macroeconomic Theory A Dynamic General Equilibrium 1998. 848 pages. 139 line illus. 45 tables. Jean Tirole Approach Cl: 978-0-691-01706-8 $115.00 | £45.00 2006. 656 pages. 138 line illus. 25 tables. Not for sale in South Asia Cl: 978-0-691-12556-5 $95.00 | £65.00 Michael Wickens 2012. 616 pages. 12 line illus. 85 tables. Cl: 978-0-691-15286-8 $78.50 | £55.00

Interest and Prices TEXTBOOK Professors who wish to consider a book from this catalog Foundations of a Theory of for course use may request an examination copy. For more information Monetary Policy please visit: press.princeton.edu/class.html Michael Woodford 2003. 808 pages. 42 line illus. 6 tables. Cl: 978-0-691-01049-6 $115.00 | £80.00 CLASSIC TEXTBOOKS 31 UK UK Qty ISBN Author: Title Page Price Price Qty ISBN Author: Title Page Price Price

__Cl: 15944-7 Abend: Moral Background 27 $39.50 £27.95 __Cl: 09039-9 Camerer: Behavioral Game 30 $115.00 £80.00 __Cl: 13292-1 Acemoglu: Introduction 30 99.95 40.00 __Cl: 04301-2 Campbell, et al.: Econometrics 30 110.00 52.00 __Cl: 14862-5 Acs: Why Philanthropy Matters 8 29.95 19.95 __Pa: 16244-7 Chwe: Jane Austen, Game 13 22.95 15.95 __Pa: 16349-9 Adelman: Worldly Philosopher 7 24.95 16.95 __Cl: 15576-0 35.00 24.95 __Cl: 15567-8 39.95 27.95 __Pa: 15828-0 Chwe: Rational Ritual 13 22.95 15.95 __Pa: 16238-6 Admati/Hellwig: Bankers’ New 9 18.95 12.95 __Cl: 16254-6 Clark: Son Also Rises 4 29.95 19.95 __Cl: 15580-7 Agénor: Public Capital, Growth 15 39.50 27.95 __Cl: 14229-6 Clark, et al.: Sovereign Wealth 14 39.50 27.95 __Cl: 16539-4 Agénor/Montiel: Development 14 90.00 62.00 __Cl: 14089-6 Cline: 1177 B.C. 29 29.95 19.95 __Pa: 15857-0 Ahlquist/Levi: In the Interest 24 29.95 19.95 __Cl: 12137-6 Cochrane: Asset Pricing 30 115.00 45.00 __Cl: 15856-3 95.00 65.00 __Cl: 15209-7 Colander/Kupers: Complexity 6 29.95 19.95 __Cl: 16143-3 Aït-Sahalia/Jacod: High 11 55.00 37.95 __Cl: 15159-5 Cooter/Porat: Getting 28 39.50 27.95 __Pa: 14592-1 Akerlof/Shiller: Animal Spirits 1 16.95 11.95 __Pa: 15971-3 Cooter/Schäfer: Solomon’s 23 22.95 15.95 __Cl: 14233-3 24.95 16.95 __Cl: 14792-5 37.50 26.95 __Pa: 15284-4 Angrist/Pischke: Mastering 11 35.00 24.95 __Pa: 16159-4 Copeland: Economic 19 32.95 22.95 __Cl: 15283-7 79.50 55.00 __Cl: 16158-7 95.00 65.00 __Pa: 12035-5 Angrist/Pischke: Mostly 30 42.00 28.95 __Pa: 15629-3 Coyle: Economics of Enough 5 18.95 12.95 __Cl: 16641-4 Atkinson/Stiglitz: Lectures 12 49.95 34.95 __Cl: 14518-1 24.95 16.95 __Pa: 15640-8 Bardhan: Awakening Giants 15 18.95 12.95 __Cl: 15679-8 Coyle: GDP 5 19.95 13.95 __Cl: 12994-5 45.00 30.95 __Cl: 14739-0 De Grauwe: Lectures 16 39.50 27.95 __Cl: 16109-9 Berghahn: American Big 18 49.50 34.95 __Pa: 16562-2 Deaton: Great Escape 7 18.95 12.95 __Pa: 16557-8 Bernanke: Federal Reserve 6 12.95 8.95 __Cl:15354-4 29.95 19.95 __Cl: 15873-0 19.95 13.95 __Cl: 14523-5 Dewatripont, et al.: Balancing 10 32.95 22.95 __Pa: 15815-0 Besley/Persson: Pillars 25 29.95 19.95 __Cl: 14680-5 Diebold/Rudebusch: Yield 11 39.50 27.95 __Cl: 15268-4 46.95 32.95 __Cl: 14142-8 Dodd: Social Life of Money 26 35.00 24.95 __Cl: 15893-8 Boeri/van Ours: Economics 16 65.00 44.95 __Pa: 15630-9 Donahue/Zeckhauser 28 18.95 12.95 __Pa: 16558-5 Bok: Higher Education 17 19.95 13.95 __Cl: 14979-0 27.95 19.95 __Cl: 15914-0 35.00 24.95 __Cl: 15149-6 Drelichman/Voth: Lending 20 35.00 24.95 __Pa: 16351-2 Botticini/Eckstein: Chosen Few 20 19.95 13.95 __Pa: 16552-3 Drèze/Sen: Uncertain Glory 8 19.95 __Cl: 14487-0 39.50 27.95 __Cl: 16079-5 29.95 __Cl: 16052-8 Bourguignon: Globalization 2 27.95 19.95 __Cl: 15664-4 Düppe /Weintraub: Finding 19 39.50 27.95 __Pa: 16559-2 Bowen: Higher Education 17 16.95 11.95 __Cl: 15906-5 Erikson: Between Monopoly 27 39.95 27.95 __Cl: 15930-0 26.95 18.95 __Cl: 12173-4 Eswaran: Why Gender Matters 15 45.00 30.95 __Pa: 15808-2 Bowen: Lessons Learned 17 18.95 12.95 __Pa: 16651-3 Fisman/Sullivan: Org 4 17.95 __Cl: 14962-2 24.95 16.95 __Cl: 16415-1 Frieden: Currency Politics 24 39.95 27.95 __Cl: 16642-1 Bowen/Tobin: Locus 17 29.95 19.95 __Cl: 15911-9 Friedman: Fortune Tellers 19 29.95 19.95 __Pa: 14990-5 Bowen, et al.: Crossing 17 24.95 16.95 __Cl: 14577-8 Frydman/Goldberg: Beyond 14 35.00 24.95 __Pa: 15816-7 Bowles/Gintis: Cooperative 11 24.95 16.95 __Cl: 15523-4 Frydman/Phelps: Rethinking 14 49.50 34.95 __Cl: 14470-2 Bresson: Making of the Ancient 19 39.50 27.95 __Cl: 16478-6 Galí: Monetary Policy, Ination 14 69.50 48.95 __Pa: 16177-8 Brown: Through the Eye 29 24.95 16.95 __Cl: 14939-4 Geiger: History of American 29 35.00 24.95 __Cl: 15290-5 39.95 27.95 __Cl: 14288-3 Gelderblom: Cities 21 35.00 24.95 __Pa: 15797-9 Büthe/Mattli: New Global Rulers 25 24.95 16.95 __Cl: 13279-2 Gibbons/Roberts: Handbook 12 99.50 69.95 __Cl: 14479-5 31.95 21.95 __Pa: 16242-3 Gilens: Auence 25 24.95 16.95 __Cl: 15524-1 Calomiris/Haber: Fragile 5 35.00 24.95 __Pa: 16084-9 Gintis: Bounds of Reason 13 29.95 19.95 __Cl: 14052-0 65.00 44.95

ANNOUNCING THE PRINCETON LEGACY LIBRARY The Princeton Legacy Library uses the latest technology to again make available previously out-of-print books from the distinguished backlist of Princeton Univer- sity Press. These editions preserve the original texts of these important books in durable paperbacks. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905. For titles in the library visit: press.princeton.edu/princeton-legacy-library/

32 INDEX | ORDER FORM UK UK Qty ISBN Author: Title Page Price Price Qty ISBN Author: Title Page Price Price

__Pa: 14051-3 Gintis: Game Theory Evolving 13 $49.95 £34.95 __Cl: 14745-1 Osterhammel: Transformation 29 $39.95 £27.95 __Pa: 15927-0 Glennerster/Takavarasha 15 35.00 24.95 __Cl: 14402-3 Palacios-Huerta: Beautiful 13 35.00 24.95 __Cl: 15924-9 75.00 52.00 __Cl: 16619-3 Pedersen: Eciently Inecient 22 45.00 30.95 __Cl: 15470-1 Goldin/Mariathasan: Buttery 5 35.00 24.95 __Pa: 16362-8 Pettis: Great Rebalancing 8 19.95 13.95 __Pa: 15631-6 Goldin, et al.: Exceptional 5 22.95 15.95 __Cl: 15868-6 29.95 19.95 __Cl: 14876-2 Gollier: Pricing the Planet’s 15 35.00 24.95 __Pa: 16579-0 Phelps: Mass Flourishing 6 19.95 13.95 __Cl: 16405-2 Gottschalk: Caught 25 35.00 24.95 __Cl: 15898-3 29.95 19.95 __Cl: 14540-2 Granville: Remembering 14 35.00 24.95 __Cl: 16652-0 Philipsen: Little Big Number 2 29.95 19.95 __Pa: 15759-7 Green: Rethinking Private 24 24.95 16.95 __Cl: 15339-1 Piskorski: Social Strategy 27 29.95 19.95 __Cl: 15758-0 75.00 52.00 __Cl: 16112-9 Prasad: Dollar Trap 4 35.00 24.95 __Cl: 15734-4 Greif, et al.: Institutions 18 49.50 34.95 __Pa: 15454-1 Quiggin: Zombie Economics 9 16.95 11.95 __Pa: 15817-4 Hamermesh: Beauty Pays 9 17.95 12.50 __Cl: 01706-8 Ray: Development Economics 31 115.00 45.00 __Cl: 04289-3 Hamilton: Time Series Analysis 30 115.00 55.00 __Cl: 16040-5 Reich: Selling Our Souls 27 39.50 27.95 __Cl: 04277-0 Hansen/Sargent: Recursive 12 45.00 30.95 __Cl: 15562-3 Rivera: Pedigree 26 35.00 24.95 __Cl: 01018-2 Hayashi: Econometrics 30 115.00 35.00 __Pa: 15963-8 Ross: Oil Curse 25 22.95 15.95 __Pa: 15432-9 Headrick: Power over Peoples 21 25.95 17.95 __Cl: 14532-7 Rossi: Bayesian 11 45.00 30.95 __Cl: 13933-3 59.95 41.95 __Pa: 15413-8 Rubinstein: Lecture Notes 12 35.00 24.95 __Pa: 16567-7 Hirschman: Essential 7 24.95 16.95 __Pa: 16394-9 Ruef: Entrepreneurial Group 23 24.95 16.95 __Cl: 15990-4 29.95 19.95 __Cl: 13809-1 42.00 28.95 __Pa: 16025-2 Hirschman: Passions 7 19.95 13.95 __Pa: 16600-1 Ruhs: Price of Rights 16 24.95 16.95 __Cl: 13970-8 Ho man: Why Did Europe 20 29.95 19.95 __Cl: 13291-4 35.00 24.95 __Cl: 12685-2 Ioannides: From 16 65.00 44.95 __Cl: 15870-9 Sargent: Rational Expectations 11 39.95 27.95 __Pa: 16625-4 Irwin: Free Trade under Fire 14 27.95 19.95 __Pa: 14646-1 Seabright: Company 9 25.95 17.95 __Pa: 16416-8 Jevons: Deadly Indi erence 3 17.95 12.50 __Pa: 15972-0 Seabright: War of the Sexes 9 17.95 12.50 __Pa: 16401-4 Jevons: Murder at the Margin 3 17.95 12.50 __Cl: 13301-0 24.95 16.95 __Cl: 16313-0 Jevons: Mystery of the Invisible 3 24.95 16.95 __Cl: 13756-8 Shar: Behavioral Foundations 28 55.00 37.95 __Cl: 14362-0 Kander, et al.: Power 21 39.50 27.95 __Pa: 15809-9 Shiller: Finance and the Good 1 19.95 13.95 __Cl: 15862-4 Kaplow: Competition Policy 28 49.50 34.95 __Cl: 15488-6 14.95 16.95 __Cl: 15781-8 Knox: Atlas of Cities 29 49.50 34.95 __Cl: 16626-1 Shiller: Irrational Exuberance 1 29.95 19.95 __Cl: 04264-0 Kreps: Course 31 120.00 __Pa: 15632-3 Shiller: Subprime 1 14.95 10.95 __Cl: 15583-8 Kreps: Microeconomic 12 39.50 27.95 __Cl: 13929-6 16.95 11.95 __Pa: 15641-5 Kuran: Long Divergence 15 24.95 16.95 __Pa: 16601-8 Siebert: German Economy 18 35.00 24.95 __Cl: 14756-7 29.95 19.95 __Cl: 09664-3 115.00 80.00 __Pa: 09184-6 La ont/Martimort: Theory 31 65.00 27.95 __Cl: 14000-1 Smit/Moraitis: Playing 22 55.00 37.95 __Pa: 15452-7 Landes, et al.: Invention 23 37.50 26.95 __Pa: 16101-3 Stedman Jones: Masters 18 19.95 13.95 __Pa: 16395-6 Lépinay: Codes of Finance 26 29.95 19.95 __Cl: 15157-1 35.00 24.95 __Cl: 15150-2 42.00 28.95 __Pa: 16237-9 Steil: Battle of Bretton Woods 8 19.95 13.95 __Pa: 15453-4 Lerner: Boulevard of Broken 23 18.95 12.95 __Cl: 14909-7 29.95 19.95 __Cl: 16296-6 Levine: American Insecurity 24 29.95 19.95 __Cl: 15522-7 Swedberg: Art of Social Theory 27 29.95 19.95 __Pa: 16356-7 Lin: Quest for Prosperity 15 19.95 13.95 __Cl: 12908-2 Tadelis: Game Theory 13 50.00 34.95 __Cl: 15589-0 27.95 19.95 __Cl: 15466-4 Teitelbaum: Falling Behind? 17 29.95 19.95 __Cl: 15732-0 Lindsey: Human Capitalism 8 14.95 10.95 __Cl: 14768-0 Temin: Roman Market Economy 21 35.00 24.95 __Cl: 15582-1 Maurer: Empire Trap 19 39.50 27.95 __Cl: 15743-6 Temin/Vines: Leaderless 9 29.95 19.95 __Pa: 16572-1 McCarty, et al.: Political Bubbles 24 24.95 16.95 __Cl: 09985-9 Tirole: Financial Crises, Liquidity 10 57.50 39.95 __Cl: 14501-3 29.95 19.95 __Cl: 12556-5 Tirole: Theory of Corporate 10 95.00 65.00 __Cl: 15467-1 McLean: Why Australia 20 35.00 24.95 __Cl: 15947-8 Wagner/Weitzman: Climate 2 27.95 19.95 __Cl: 16627-8 McNeil, et al.: Quantitative Risk 22 85.00 59.00 __Pa: 15830-3 Wasserman: Founder’s 23 19.95 13.95 __Cl: 14853-3 Miller: Princeton Companion 29 65.00 44.95 __Cl: 14913-4 35.00 24.95 __Cl: 15064-2 Montgomery/Chirot: Shape 18 35.00 24.95 __Cl: 15286-8 Wickens: Macroeconomic 31 78.50 55.00 __Cl: 16039-9 Morris: Foragers, Farmers 3 29.95 19.95 __Pa: 15455-8 Wildavsky: Great Brain Race 17 18.95 12.95 __Pa: 16574-5 Mulgan: Locust and the Bee 22 19.95 13.95 __Cl: 01049-6 Woodford: Interest and Prices 31 115.00 80.00 __Cl: 14696-6 29.95 19.95 __Pa: 15810-5 Zelizer: Economic Lives 27 24.95 16.95 __Cl: 13906-7 Needham: Power Lines 25 35.00 24.95 __Cl: 13936-4 42.00 28.95 __Cl: 16535-6 Ó Gráda: Eating People 18 35.00 24.95 __Pa: 16120-4 Zunz: Philanthropy in America 19 19.95 13.95 __Cl: 14091-9 Ober: Rise and Fall of Classical 18 35.00 24.95 __Cl: 12836-8 29.95 19.95

Princeton’s ISBN prex is 978-0-691-

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