{"title":"Macroéconomie","description":null,"products":[{"product_id":"the-carbon-bubble","title":"The Carbon Bubble: What Happens To Us When It Bursts","description":"\u003cb\u003eAs the price of oil falls, bestselling author and economist Jeff Rubin takes us to the epicentre of the bursting global carbon bubble, and dares us to imagine a new engine for growth that does not run on oil.\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003eFor a decade, the vision of Canada's future as an energy superpower has driven the country's political agenda, as well as the fast-paced development of Alberta's oil sands and the push for more pipelines like Keystone XL across the continent to bring that bitumen to market. Anyone who objects to pipelines and tanker-train traffic, north or south of the US border, is labeled a dreamer, or worse—an environmentalist: someone who puts the health of the planet ahead of the economic survival of their neighbours.\u003cbr\u003e     In \u003ci\u003eThe Carbon Bubble\u003c\/i\u003e, Jeff Rubin compellingly shows how an economic vision that rests on oil is dead wrong. Changes in energy markets in the US—where domestic production is booming while demand for oil is shrinking—are quickly turning the oil dream into an economic nightmare. Like U.S. coal stocks, the share values of oil-sands producers have been drastically reduced by falling fuel prices and are increasingly exposed to the world's efforts to reduce carbon emissions.\u003cbr\u003e     Rubin argues that there is a lifeline to a better future. The very climate change that will leave much of the country's carbon unburnable could at the same time make some of Canada's other resource assets more valuable: its water and its land. In tomorrow's economy, he argues, Canada won't be an energy superpower, but it has the makings of one of the world's great breadbaskets, as everything from the corn belt to viniculture heads to higher latitudes. And in the global climate that the world's carbon emissions are inexorably creating, growing food will soon be a lot more valuable than mining bitumen.","brand":"None","offers":[{"title":"Couverture souple","offer_id":46154081501361,"sku":"9780345814708","price":22.0,"currency_code":"CAD","in_stock":true},{"title":"Livre numérique Kobo","offer_id":46154081534129,"sku":"a61d7953-7fe0-3df1-81f8-c996cde0dfa8","price":13.99,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0655\/8980\/5233\/files\/1_6930348f-dd6d-4f94-8caa-2be73f21cf31.jpg?v=1763638200"},{"product_id":"the-american-economy","title":"The American Economy: Income, Wealth and Want","description":"\u003cp\u003eEvery economic system exists only to satisfy human wants, yet most systems fail to do so. 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Using incisive analysis built upon frameworks, historical context, and structural narratives—what they call \"economic eclecticism\"—the book empowers readers with the durable skills to assess continuously evolving risks in the real economy, the financial system, and the geopolitical arena.\u003c\/p\u003e\u003cp\u003eMoreover, the authors' more nuanced approach reveals that the all-too-common narratives of economic collapse and decline are often false alarms themselves, while the fundamental strengths of our current \"era of tightness\" become visible.\u003c\/p\u003e\u003cp\u003eWith rational optimism rather than gloom, \u003ci\u003eShocks, Crises, and False Alarms\u003c\/i\u003e speaks to the key financial and macroeconomic controversies that define our times—and provides a compass for navigating the global economy. 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Mark Aguiar and Manuel Amador provide a unified and tractable theoretical framework that elucidates the key economics behind sovereign debt markets, shedding light on the frictions and inefficiencies that prevent the smooth functioning of these markets, and proposing sensible approaches to sovereign debt management.\u003cbr\u003e\u003cbr\u003e\u003ci\u003eThe Economics of Sovereign Debt and Default\u003c\/i\u003e looks at the core friction unique to sovereign debt—the lack of strong legal enforcement—and goes on to examine additional frictions such as deadweight costs of default, vulnerability to runs, the incentive to “dilute” existing creditors, and sovereign debt’s distortion of investment and growth. The book uses the tractable framework to isolate how each additional friction affects the equilibrium outcome, and illustrates its counterpart using state-of-the-art computational modeling. 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The United States is said to be in an inexorable decline, and the expectation for the 21st century is for China to eclipse America and for the contours of global governance to blur. The loss of America's preeminent status will undercut our sway abroad and our safety and standard of living at home. But is America really done?  Is the American era really over? \u003c\/p\u003e\r\n\u003cp\u003eIn this provocative account, based on interviews with senior policymakers and cutting-edge research, Kati Suominen argues that talk of the end of Pax Americana is more smoke than fire. The international crisis did not fundamentally change the way the world is run. The G20 is but an American-created sequel to the G8, the US dollar still reigns supreme, and no country has resigned from the US-built, post-war financial institutions like the International Monetary Fund. This continuity reflects an absence of alternatives; there are no rival orders that would match the growth and globalization generated by leaving the United States at the helm. \u003c\/p\u003e\r\n\u003cp\u003eBut Washington has no time for complacency. The American order is peerless, but it is also imperiled. To transcend this critical moment in history, the United States must step up and lead. Only America can uphold its order. In an interdependent world economy of rising powers, the US must stand for strategic multilateralism: striking deals with pivotal powers to tame destabilizing financial imbalances, securing free and fair markets abroad for US banks and businesses, and transforming the IMF and emerging Asian and European financial schemes into rapid responders to instability.\u003c\/p\u003e","brand":"None","offers":[{"title":"Couverture rigide","offer_id":46201517506770,"sku":"9780804781541","price":75.99,"currency_code":"CAD","in_stock":true},{"title":"Livre numérique Kobo (2017)","offer_id":46201517539538,"sku":"bd7a2fec-55ce-354b-b79c-48f68e8d5a70","price":59.79,"currency_code":"CAD","in_stock":true},{"title":"Livre numérique Kobo (2022)","offer_id":46201517572306,"sku":"e2fb445a-6249-36fa-ba91-4a219dab6d94","price":59.79,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0655\/8980\/5233\/files\/1_b549c24d-670a-4445-a0e1-a806ab9784e0.jpg?v=1763633014"},{"product_id":"business-cycles-and-their-causes","title":"Business Cycles And Their Causes","description":"\u003cb\u003eBusiness Cycles and Their Causes\u003c\/b\u003e offers a reprint of the third part of a seminal 1913 work on economic fluctuations, addressing the dynamics and interrelations within business cycles. Authored by a pioneer in economic theory, this book captures a foundational understanding of the patterns and causes of cyclical movements in economies operating under private property, a monetary economy, and profit-driven enterprise. While much has evolved since the initial publication, the enduring relevance of these insights lies in their theoretical rigor and realistic depiction of economic activity during cyclical fluctuations.\u003cbr\u003e\u003cbr\u003e This reprint preserves the original's core analysis, supported by historical data and a comprehensive theoretical framework. By revisiting this classic work, readers gain valuable perspectives on the persistent and sometimes violent nature of business cycles, as well as the underlying mechanisms that drive them. Whether for historians of economic thought or contemporary analysts seeking foundational knowledge, this volume remains a significant contribution to understanding the rhythms of business activity in market economies.\u003cbr\u003e\u003cbr\u003e This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. 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In A Call for Judgment, acclaimed economist Amar BhidÃ© resists the impulse for drastic change, instead offering a blueprint for correcting the historic misalignment between the numbers-driven financial sector and the innovation-driven \"real economy.\" \r\n \r\nBhidÃ© warns us that modern finance is on a collision course with the true heart of capitalism: innovation and entrepreneurship. Deepening this disconnect is the growing complexity of banks, which habitually fail to hold bankers accountable for their mistakes, while blatantly subverting the tough banking rules established in the 1930s. As BhidÃ© makes clear, the erosion of these rules displaced traditional relationship-based lending in favor of liquid, anonymous securities, which ultimately succeeded in depriving large banks (and other publicly traded companies) of oversight by investors with first-hand knowledge of the business or its managers. Identifying this lack of monitoring as a fatal flaw that destabilized the economy and helped trigger the financial crisis, BhidÃ© pushes for tough, straightforward limits on the activities of commercial banks and financial instruments such as money market funds. And, in a no-nonsense, well-researched call to arms, he convincingly argues for shifting the responsibilities of regulators - and the rules they enforce - to the real experts: talented, enterprising individuals. \r\n \r\nThis timely, indispensable resource is both a primer on the role of finance in the modern economy and a cautionary tale about the pitfalls of banks functioning as highly centralized, mechanistic entities. Most of all, it reaffirms the dynamic essence of capitalism - which has given so many the chance to apply their imagination and judgment - as the key to future prosperity.","brand":"None","offers":[{"title":"Couverture rigide","offer_id":46200303911089,"sku":"9780199756070","price":31.95,"currency_code":"CAD","in_stock":true},{"title":"Livre numérique Kobo","offer_id":46200303943857,"sku":"de00d540-ca6f-3687-9b75-0aa3ac5270f4","price":27.19,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0655\/8980\/5233\/files\/1_9b36e4a4-4696-4658-82d2-a35f4184e7b7.jpg?v=1762360047"},{"product_id":"hive-mind","title":"Hive Mind: How Your Nation’s IQ Matters So Much More Than Your Own","description":"\u003cp\u003eOver the last few decades, economists and psychologists have quietly documented the many ways in which a person's IQ matters. But, research suggests that a nation's IQ matters so much more.\u003c\/p\u003e\u003cp\u003e  As Garett Jones argues in \u003ci\u003eHive Mind\u003c\/i\u003e, modest differences in national IQ can explain most cross-country inequalities. Whereas IQ scores do a moderately good job of predicting individual wages, information processing power, and brain size, a country's average score is a much stronger bellwether of its overall prosperity. \u003c\/p\u003e\u003cp\u003e  Drawing on an expansive array of research from psychology, economics, management, and political science, Jones argues that intelligence and cognitive skill are significantly more important on a national level than on an individual one because they have \"positive spillovers.\" On average, people who do better on standardized tests are more patient, more cooperative, and have better memories. As a result, these qualities—and others necessary to take on the complexity of a modern economy—become more prevalent in a society as national test scores rise. What's more, when we are surrounded by slightly more patient, informed, and cooperative neighbors we take on these qualities a bit more ourselves. In other words, the worker bees in every nation create a \"hive mind\" with a power all its own. Once the hive is established, each individual has only a tiny impact on his or her own life. \u003c\/p\u003e\u003cp\u003e  Jones makes the case that, through better nutrition and schooling, we can raise IQ, thereby fostering higher savings rates, more productive teams, and more effective bureaucracies. After demonstrating how test scores that matter little for individuals can mean a world of difference for nations, the book leaves readers with policy-oriented conclusions and hopeful speculation: Whether we lift up the bottom through changing the nature of work, institutional improvements, or freer immigration, it is possible that this period of massive global inequality will be a short season by the standards of human history if we raise our global IQ.\u003c\/p\u003e","brand":"None","offers":[{"title":"Couverture souple","offer_id":46205820141778,"sku":"9781503600676","price":38.99,"currency_code":"CAD","in_stock":true},{"title":"Couverture rigide","offer_id":46205820174546,"sku":"9780804785969","price":150.99,"currency_code":"CAD","in_stock":true},{"title":"Livre numérique Kobo","offer_id":46205820207314,"sku":"31282a44-7b29-32ba-a490-aaef5e8d7f76","price":30.49,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0655\/8980\/5233\/files\/1_d1eb3f31-7a08-4b2a-8958-d9edbeaae2f3.jpg?v=1763632573"}],"url":"https:\/\/www.indigo.ca\/fr\/collections\/macroeconomie.oembed","provider":"Indigo","version":"1.0","type":"link"}