{"title":"Alberto Alesina","description":null,"products":[{"product_id":"austerity-book-alberto-alesina-9780691172217","title":"Austerity","description":"A timely and incisive look at austerity measures that succeed-and those that don'tFiscal austerity is hugely controversial. Opponents argue that it can trigger downward growth spirals and become self-defeating. Supporters argue that budget deficits have to be tackled aggressively at all times and at all costs. In this masterful book, three of t","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49515243995409,"sku":"GOR010832051","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ LIKE_NEW \/ INTERNAL","offer_id":49931428135185,"sku":"GOR013817752","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":50120734867729,"sku":"CIN0691172218G","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0691172218.jpg?v=1751361104"},{"product_id":"partisan-politics-divided-government-and-the-economy-book-alberto-alesina-9780521436205","title":"Partisan Politics, Divided Government, and the Economy","description":"This book develops an integrated approach to understanding the American economy and national elections. Economic policy is generally seen as the result of a compromise between the President and Congress. Because Democrats and Republicans usually maintain polarised preferences on policy, middle-of-the-road voters seek to balance the President by reinforcing in Congress the party not holding the White House. This balancing leads, always, to relatively moderate policies and, frequently, to divided government. The authors outline the rational partisan business cycle, where Republican administrations begin with recessions, and Democratic ones with expansions, and the midterm cycle, where the President's party loses votes in the midterm congressional election. The book argues that both cycles are the result of uncertainty about the outcome of presidential elections. Other topics covered include retrospective voting on the economy, coat-tails, and incumbency advantage.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49618422497553,"sku":"GOR013268182","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":51735663247633,"sku":"CIN0521436206VG","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52136280555793,"sku":"NLS9780521436205","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ GOOD \/ SBYB","offer_id":53297860378897,"sku":"CIN0521436206G","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0521436206.jpg?v=1751072655"},{"product_id":"austerity-book-alberto-alesina-9780691208633","title":"Austerity","description":"Winner of the Hayek Book Prize, Manhattan Institute","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":49739068342545,"sku":"NGR9780691208633","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49849472319761,"sku":"GOR011813074","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":50627495330065,"sku":"CIN0691208638VG","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51005832069393,"sku":"NIN9780691208633","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":51325357490449,"sku":"CIN0691208638G","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0691208638.jpg?v=1751168384"},{"product_id":"future-of-europe-book-alberto-alesina-9780262012324","title":"The Future of Europe","description":null,"brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49770718494993,"sku":"GOR002945268","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262012324.jpg?v=1750940378"},{"product_id":"future-of-europe-book-alberto-alesina-9780262512046","title":"The Future of Europe","description":"A provocative argument that unless Europe takes serious action soon, its economic and political decline is unavoidable, and a clear statement of the steps Europe must take before it's too late.Unless Europe takes action soon, its further economic and political decline is almost inevitable, economists Alberto Alesina and Francesco Giavazzi write in this provocative book. Without comprehensive reform, continental Western Europe's overprotected, overregulated economies will continue to slow--and its political influence will become negligible. This doesn't mean that Italy, Germany, France, and other now-prosperous countries will become poor; their standard of living will remain comfortable. But they will become largely irrelevant on the world scene. In The Future of Europe, Alesina and Giavazzi (themselves Europeans) outline the steps that Europe must take to prevent its economic and political eclipse.Europe, the authors say, has much to learn from the market liberalism of America. Europeans work less and vacation more than Americans; they value job stability and security above all. Americans, Alesina and Giavazzi argue, work harder and longer and are more willing to endure the ups and downs of a market economy. Europeans prize their welfare states; Americans abhor government spending. America is a melting pot; European countries--witness the November 2005 unrest in France--have trouble absorbing their immigrant populations. If Europe is to arrest its decline, Alesina and Giavazzi warn, it needs to adopt something closer to the American free-market model for dealing with these issues.Alesina and Giavazzi's prescriptions for how Europe should handle worker productivity, labor market regulation, globalization, support for higher education and technology research, fiscal policy, and its multiethnic societies are sure to stir controversy, as will their eye-opening view of the European Union and the euro. But their wake-up call will ring loud and clear for anyone concerned about the future of Europe and the global economy.","brand":"WoB","offers":[{"title":"US \/ GOOD \/ SBYB","offer_id":50347469635857,"sku":"CIN0262512041G","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262512041.jpg?v=1751164852"},{"product_id":"size-of-nations-book-alberto-alesina-9780262012041","title":"The Size of Nations","description":"A groundbreaking work synthesizing economics, political science, and history argues that a cost-benefit trade-off can explain the pattern of nation size and formation.","brand":"WoB","offers":[{"title":"US \/ GOOD \/ SBYB","offer_id":50461881598225,"sku":"CIN0262012049G","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262012049.jpg?v=1751356599"},{"product_id":"political-cycles-and-the-macroeconomy-book-alberto-alesina-9780262510943","title":"Political Cycles and the Macroeconomy","description":"\u003cp\u003eThe relationship between political and economic cycles is one of the most widely studied topics in political economics. This book examines how electoral laws, the timing of elections, the ideological orientation of governments, and the nature of competition between political parties influence unemployment, economic growth, inflation, and monetary and fiscal policy. The book presents both a thorough overview of the theoretical literature and a vast amount of empirical evidence. A common belief is that voters reward incumbents who artificially create favorable conditions before an election, even though the economy may take a turn for the worse immediately thereafter. The authors argue that the dynamics of political cycles are far more complex. In their review of the main theoretical approaches to the issues, they demonstrate the multifaceted relationships between macroeconomic and political policies. They also present a broad range of empirical data, from the United States as well as OECD countries. 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They argue that while these issues have always been at the core of historical analysis, international economists have tended to regard the size of a country as exogenous, or no more subject to explanation than the location of a mountain range or the course of a river. Alesina and Spolaore consider a country's borders to be subject to the same analysis as any other man-made institution. In \u003ci\u003eThe Size of Nations\u003c\/i\u003e, they argue that the optimal size of a country is determined by a cost-benefit trade-off between the benefits of size and the costs of heterogeneity. In a large country, per capita costs may be low, but the heterogeneous preferences of a large population make it hard to deliver services and formulate policy. Smaller countries may find it easier to respond to citizen preferences in a democratic way. 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