Knowledge that Transforms

This is a review article of The New Financial Order: Risk in the Twenty-First Century (Princeton University Press 2003) by Robert J. Shiller.

This is a review article of the book The Gifts of Athena: Historical Origins of the Knowledge Economy, by Joel Mokyr, published in 2002.

This is a review article of the book Knowledge, Information, and Expectations in Modern Macroeconomics: In Honor of Edmund S. Phelps, edited by Philippe Aghion, Roman Frydman, Joseph Stiglitz and Michael Woodford, and published in 2004.

Stephen Haber et al. explore economic growth in key sectors of the Mexican economy, 1876–1929, an era of political instability and (1914–17) civil war. The authors demonstrate that economic growth continued amidst political instability and offer an explanation for their conunterintuitive finding. Reviewing the evidence advanced by the authors, Robert Bates summarizes and comments on their argument, and applies it to “out of sample” data from Africa.