Tempered with Reality

Economic Theory and the Real World (First Edition)
By A. P. O'Malley
©2013, 120 pages

Paperback list price: $ 48.95

Cognella Direct Ebook: $38.95

You save $10 (20%)

Learn about all formats available for adoption

Bookstore Managers: contact orders@cognella.com to place an order

Customize Tempered with Reality

* Required Fields

Your Customization
Tempered with Reality

In stock


    Tempered with Reality: Economics in Theory and Practice analyzes several economic theories and measures each against reality to determine whether or not these theories actually work in the real world.

    The book explains what economics is truly all about: how it works, how it is flawed, and what the future may hold for economies around the world. It examines how the theories that work in perfect equilibrium in the classroom may no longer apply to an increasingly complex business and economic environment.

    The seven chapters of the book address familiar topics such as free markets, unemployment, inflation, fiscal and monetary policy, and the International Monetary Fund. However, the text explores these topics from a very modern perspective and includes pressing, real-world issues such as:

    • Mega-banks and Their Impact on Main Street
    • The Way Derivatives Swarmed Banking Balance Sheets
    • How Governments throughout the “Free World” guaranteed private profits for banks, but socialized losses
    • Outsourcing
    • Massive Sovereign Debt

    Tempered with Reality can be used in Economics and International Economics courses. The accessible style of the writing makes the book appropriate not only for students and academics, but for any reader interested in learning about the important consequences of economic theory run amok.

    The Second Edition will be published Fall 2019. ISBN: 978-1-5165-4307-6

    Anthony O'Malley earned his degree in Business at University College, Dublin (UCD) and his M.A. at Baruch College, CUNY. O’Malley’s current work at UCD’s School of Agriculture and Food Economics revolves around researching innovations within the agri-food industry in Ireland, from farmer to food processor and onwards along the chain. His areas of research include: facilitators and barriers to innovation within the Irish dairy, beef and lamb sectors; building an Innovation Index across the Irish agri-food industry; and how innovation acts as a key component of competitive advantage for the Irish agri-food industry. Professor O'Malley also teaches finance and business management at Dublin’s Portobello Institute.
    Formats and Bulk Order Pricing for Confirmed Adoptions

    Publisher Direct Versions — Available through the Cognella Student Store for confirmed adoptions

    Best Value!
    Publisher Direct Ebook Publisher Direct ebooks are available in your Cognella account immediately after purchase and provide access for 180 days. Our ebooks run on RedShelf and VitalSource with annual/perpetual options available.
    Ships Free!
    Publisher Direct Paperback These special, discounted paperback editions are sold exclusively through the Cognella Student Store (store.cognella.com) for confirmed adoptions. They are not available through other retailers. The books are printed on demand, do not have an ISBN, and are not intended for resale, which results in savings we pass along to students. Most Publisher Direct Paperbacks also come with free, immediate access to the first 30% of the ebook and FREE shipping.

    Higher Education Bookstore Pricing — These suggested retail prices include a total projected mark-up of 25%

    Best Value!
    Inclusive Access Ebook
    We partner with both RedShelf and VitalSource to provide day-one access to students through campus bookstores. Bookstores and these vendors share in the total projected mark-up. Learn more about Inclusive Access at cognella.com/inclusive-access.
    Binder Ready/Loose Leaf
    Talk to a rep for ISBN details
    Binder Ready versions have pages that are loose leaf, three-hole punched, and fit into any standard three-ring binder (not included). They are fully typeset, include front and back covers, and are available at a discount compared to standard paperbacks. Contact us for course adoptions; not available for individual purchase.
    $48.95 Paperback
    Standard paperback version. Contact us for course adoptions; also available for individual purchase through national wholesalers and retailers — and from our website directly — see Purchase button above.
    See more options
    $43.95 Ebook
    Ebooks are available for individual purchase (180-day access) through either RedShelf or VitalSource. Bookstores and these vendors share in the total projected mark-up.
    $78.95 Hardcover
    Great for libraries and rental programs. Contact us for course adoptions; also available for individual purchase through national wholesalers and retailers.
    $48.45 Other Formats
    Talk to a rep for details
    Other formats (spiral bind, perforated, etc.) may be available. Contact us for course adoptions; specialty formats are not available for individual purchase.
    Review by Cahir O'DohertyIrish Voice (February 2013)