Letter from the editor:

2020 has undoubtedly been a year of significance for the field of economics. The pandemic has presented unique challenges to the implementation of effective policies, and the field has come under close scrutiny as opinions vary on the best way to come out stronger from this once-in-a-centuryevent. With this context in mind, I’m excited to share our forthcoming titles in economics.

Now in paperback, Nobel laureate Paul Milgrom’s 2017 book Discovering Prices: Auction Design in Markets with Complex Constraints, based on his 2012 Kenneth J. Arrow Lecture, lays out new theories for how auctions can be used to discover prices and guide efficient resource allocations.

Jonathan Schwabish’s Better Data Visualizations: A Guide for Scholars, Researchers, and Wonks demonstrates the do’s and don’ts of data visualization, the principles of visual perception, and the process of making subjective style decisions around a chart’s design. This book will guide you as you define your audience and goals, choose the graph that best fits for your data, and clearly communicate your message.

In Benjamin Ho’s Why Trust Matters: An Economist’s Guide to the Ties That Bind Us, Ho details the surprising ways that trust plays an essential role in our day-to-day economic lives. His approachable style and everyman examples demonstrate with remarkable clarity how trust shapes the workings of the world.

Christian Winting
Editor for Economics

Happy New Year:

As the founding publisher of the Columbia Business School Publishing imprint, I am honored to present our recent and forthcoming authors and titles. We seek to bridge leading academic thought and professional practice in order to contribute to moving the fields forward in finance, investment, digital business, innovation and social enterprise. We face increasing economic inequality and business uncertainty and we hope to provide solutions for society’s problems.

Gregory Fairchild’s Emerging Domestic Markets explores how minority-owned community-development institutions are achieving innovations in financial services to further economic development and reduce inequality. Fairchild illustrates these transformative models through compelling narratives. Robert E. Rubin, former U.S. secretary of the treasury, writes that “I’ve long believed that the issues facing underserved communities are not intractable and Gregory Fairchild showcases some of those approaches and innovations, marrying his compelling firsthand experience with academic research.”

Quality Shareholders: How the Best Managers Attract and Keep Them by Lawrence A. Cunningham demonstrates why such shareholders help companies thrive. Undiversified: The Big Gender Short in Investment Management by Ellen Carr and Katrina Dudley explains why women are so underrepresented in investment management and ways to rectify it.

Myles C. Thompson
Publisher for Columbia Business School Publishing

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