It is no surprise that many fearful American workers see the call center operator in Bangalore or the factory worker in Guangzhou as a threat to their jobs. The emergence of China and India (along with other, smaller developing countries) as economic powers has doubled the supply of labor to the int[...]

Alan S. Blinder offers the dual perspective of a leading academic macroeconomist who served a stint as Vice-Chairman of the Federal Reserve Board--one who practiced what he had long preached and then returned to academia to write about it. He tells central bankers how they might better incorporate a[...]

Teaches the principles of economics, including various economic situations. This resource is suitable for faculty and students who want an introduction that calls on policy-based information for examples and applications.[...]

"One of our wisest and most clear-eyed economic thinkers offers a masterful narrative of the crisis and its lessons"
Many fine books on the financial crisis were first drafts of history--books written to fill the need for immediate understanding. Alan S. Blinder, esteemed Princeton professor, "[...]