Penguin Books Australia

We all know the world's resources - the commodities that underpin our daily lives and economies - are scarce. But how many of us know what that really means for the global economy today?

We all know the world's resources the commodities that underpin our daily lives and economies are scarce. But how many of us know what that really means for the global economy today?

Why has the gap between the poor and the super-rich become such a gulf in the past few decades?   Why are so many so disillusioned with the political system?   Have we moved from democracy to plutocracy, and can anything be done? 

Paul Krugman, one of the US's most respected economists and outspoken commentators, traces America's path to its present inequality, showing how an organized...

Smith's The Wealth of Nations was the first comprehensive treatment of political economy.  Originally delivered in the form of lectures at Glasgow, the book's publication in 1776 co-incided with America's Declaration of Independence. These volumes include Smith's assessment of the mercantile system, his advocacy of the freedom of commerce and industry, and his famous prophecy that 'America will...