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The Economics of Inequality
By Robert S. Rycroft. 2024
If there was any question before, there is no longer a question today: inequality, discrimination, poverty, and mobility are prominent…
national issues. The notion of "The American Dream" has been sold to generations of young Americans as the idea that working hard and following your dreams will allow you to break through any barriers in your path and inevitably lead to success. However, recent findings on inequality, discrimination, poverty, and mobility show that "The American Reality" is very different.The third edition of this introductory-level text has been completely revised to bring students up to date with current economic thinking on these issues. With an emphasis on data, theory, and policy, this book tackles each issue by exploring three key questions in each chapter: What does the data tell us about what has been happening to the American economy? What are the economic theories needed to understand what has been happening? What are the policy ideas and controversies associated with these economic problems?Key controversies are highlighted in each chapter to drive classroom discussion, and end-of-chapter questions develop student understanding. The book will also be accompanied by digital supplements in the form of PowerPoint slides for each chapter. This clearly written text is ideally suited to a wide variety of courses on contemporary economic conditions, inequality, and social economics in the United States.The Empire of Debt: We Came, We Saw, We Borrowed (Agora Series #58)
By William Bonner, Addison Wiggin. 2024
Protect your investments with a deep dive into the past and future of finance Building on the uncannily accurate predictions…
in previous editions, this latest edition of The Empire of Debt: We Came, We Saw, We Borrowed, written by New York Times bestselling authors Addison Wiggin and Bill Bonner, explores the economic, political, and financial events between 2008-09 and 2023, placing them in historical context and explaining what's likely to happen for the remaining years of the 2020s. The book imparts practical advice on how to protect wealth in the face of ongoing and rapidly intensifying crises, as well as suggestions on how these trends can be played to put investors' own money to work. In this book, readers will learn about: Political development of US hegemony in the 20th century, from the founding of the Federal Reserve in 1913 through to the present Past and current conflicts in Iraq, Afghanistan, Ukraine, and Russia and their effects on finance The response to the Financial Panic of '08, including a decade of Zero Interest Rate Policy (ZIRP) With investors more eager than ever to protect their investments, The Empire of Debt is an essential guide to the future of finance, harnessing history to accurately plot where we are and where we're going.Foundations for a Humanitarian Economy: Re-thinking Boethius’ Consolation of Philosophy (ISSN)
By William D. Bishop. 2022
The modern global economy and discipline of economics place mathematical calculation above human concern. However, a re-reading of Boethius’ The…
Consolation of Philosophy can positively highlight the contrast in values and spirit of the early medieval European world with our own scientific age.This book discusses the historical and cultural contexts that influenced Boethius’ writing and explores how Consolation offers a radically different understanding of economic concepts: wealth from inner happiness and virtues, poverty from hoarding outer possessions, self-sufficiency in the greater whole, enlightenment through misfortune, and development as fruition from the Good. These economic considerations resonate with a range of heterodox economic perspectives, such as Ecological and Buddhist Economics. The fundamental revaluations gained through Boethius pose a critique of mainstream neoclassical and neoliberal economics: to consumerism, avarice, growth and technology fetishism, and market rationality. These economic foundations resonate into a time when global crises raise the question of fundamental human priorities, offering alternatives to an ever-expanding industrial market economy designed for profit, and helping to avoid irrevocable socio-ecological disasters. The issues raised and questioned in this book will be of significant interest to readers with concern for pluralist approaches to economics, philosophy, classics, ancient history and theology.Land Rights, Ethno-nationality and Sovereignty in History (Routledge Explorations in Economic History)
By Stanley L. Engerman, Jacob Metzer. 2004
This WWII history and battleground guide offers a fascinating look at the vital and infamous stretch of road through the…
Netherlands. After the Allied victory at Normandy, Operation Market Garden was intended to cut a path to Germany through the Netherlands. Essential to the plan was a two-lane road that came to be known as Hell's Highway. This was the route that the British 3rd Guards Armored Division had to advance down rapidly to relieve the American Paratroopers of the 82d Airborne at Nijmegen and the British I st Airborne Division at Arnhem. Beginning with the famous capture of Joe&’s Bridge by the Irish Guards—an essential preliminary action before the start of Operation Market Garden—historian Tim Saunders guides visitors through the seizure of bridges, the liberation of small towns, and other actions undertaken by the famous Screaming Eagles. With vivid personal accounts throughout, this guide features practical visitor information about monuments and other important sites.Berlin Now: The City After the Wall
By Peter Schneider. 2014
A smartly guided romp, entertaining and enlightening, through Europe's most charismatic and enigmatic cityIt isn't Europe's most beautiful city, or…
its oldest. Its architecture is not more impressive than that of Rome or Paris; its museums do not hold more treasures than those in Barcelona or London. And yet, when citizens of "New York, Tel Aviv, or Rome ask me where I'm from and I mention the name Berlin," writes Peter Schneider, "their eyes instantly light up."Berlin Now is a longtime Berliner's bright, bold, and digressive exploration of the heterogeneous allure of this vibrant city. Delving beneath the obvious answers—Berlin's club scene, bolstered by the lack of a mandatory closing time; the artistic communities that thrive due to the relatively low (for now) cost of living—Schneider takes us on an insider's tour of Germany's rapidly metamorphosing metropolis, where high-class soirees are held at construction sites and enterprising individuals often accomplish more without public funding—assembling a makeshift club on the banks of the Spree River—than Berlin's officials do. Schneider's perceptive, witty investigations on everything from the insidious legacy of suspicion instilled by the East German secret police to the clashing attitudes toward work, food, and love held by former East and West Berliners have been sharply translated by Sophie Schlondorff. The result is a book so lively that readers will want to jump on a plane—just as soon as they've finished their adventures on the page.Mother Tongue: An American Life in Italy
By Wallis Wilde-Menozzi. 1997
A probing and poetic examination of language, food, faith, and family attachment in Italian life through the eyes of an…
American who moved to Parma with her husband and family. In the 1980s, the American writer Wallis Wilde-Menozzi moved permanently with her Italian husband and her daughter to Parma, a sophisticated city in northern Italy, where he became a professor of biology. Her search for rootedness in the city that was to be her home introduced her to complexities in her identity as she migrated into another language and looked for links beyond the joys of Verdi, Correggio, and Parmesan cheese, which visitors have rightly extolled for centuries. The local resistance to change perceived as individualistic led Wilde-Menozzi to explore the pull and challenge of difference and discover the backbone she needed for artistic freedom. In Mother Tongue, Wilde-Menozzi offers stories of far-sighted lives, remarkable Parma men and remarkable women, including the Renaissance abbess Giovanna Piacenza, the fighting Donella Rossi Sanvitale, and her own indefatigable mother-in-law. Framed with a new introduction by the author, and a new foreword by Patricia Hampl, this classic on diversity and tolerance, family, faith, and food in Italy and the United States is at once timeless and timely, a “large, beautiful window into the intelligent, literate, reflective life of Italy” (Shirley Hazzard).Caring Economics: Conversations on Altruism and Compassion, Between Scientists, Economists, and the Dalai Lama
By Tania Singer and Matthieu Ricard. 2015
A COLLECTION OF INTERNATIONALLY RENOWNED SCIENTISTS AND ECONOMISTS IN DIALOGUE WITH HIS HOLINESS THE DALAI LAMA, ADDRESSING THE NEED FOR…
A MORE ALTRUISTIC ECONOMYCan the hyperambitious, bottom-line-driven practices of the global economy incorporate compassion into the pursuit of wealth? Or is economics driven solely by materialism and self-interest? In Caring Economics, experts consider these questions alongside the Dalai Lama in a wide-ranging, scientific-based discussion on economics and altruism. Begun in 1987, the Mind and Life Institute arose out of a series of conferences held with the Dalai Lama and a range of scientists that sought to form a connection between the empiricism of contemporary scientific inquiry and the contemplative, compassion-based practices of Buddhism. Caring Economics is based on a conference held by the Mind and Life Institute in Zurich in which experts from all over the world gathered to discuss the possibility of having a global economy focused on compassion and altruism. Each chapter consists of a presentation by an expert in the field, followed by a discussion with the Dalai Lama in which he offers his response and his own unique insights on the subject. In this provocative and inspiring book, learn how wealth doesn't need to be selfish, how in fact, empathy and compassion may be the path to a healthier world economy.Equal Is Unfair: America's Misguided Fight Against Income Inequality
By Don Watkins, Yaron Brook. 2009
We’ve all heard that the American Dream is vanishing, and that the cause is rising income inequality. The rich are…
getting richer by rigging the system in their favor, leaving the rest of us to struggle just to keep our heads above water. To save the American Dream, we’re told that we need to fight inequality through tax hikes, wealth redistribution schemes, and a far higher minimum wage.But what if that narrative is wrong? What if the real threat to the American Dream isn’t rising income inequality—but an all-out war on success?In Equal is Unfair, a timely and thought-provoking work, Don Watkins and Yaron Brook reveal that almost everything we’ve been taught about inequality is wrong. You’ll discover:• why successful CEOs make so much money—and deserve to• how the minimum wage hurts the very people it claims to help• why middle-class stagnation is a myth• how the little-known history of Sweden reveals the dangers of forced equality• the disturbing philosophy behind Obama’s economic agenda.The critics of inequality are right about one thing: the American Dream is under attack. But instead of fighting to make America a place where anyone can achieve success, they are fighting to tear down those who already have. The real key to making America a freer, fairer, more prosperous nation is to protect and celebrate the pursuit of success—not pull down the high fliers in the name of equality.Turn Right at the Fountain: Fifty-Three Walking Tours Through Europe's Most Enchanting Cities
By George W. Oakes, Alexandra Chapman. 1996
Originally published in 1961 and written by George W. Oakes, chief travel writer for the New York Times, this beloved…
walking guide has sold more than 100,000 copies in several editions. Now completely revised and updated by Alexandra Chapman, this latest edition features intimate walks through twenty-one of Europe's most celebrated cities, including an all-new chapter on Budapest, the Paris of the Danube. With this book as a guide, stroll through the winding cobblestone streets of Florence, gaze at the breath-takingly beautiful lawns of Cambridge, and explore the dark mysteries of Prague's architectural gems.Each walk is comfortably planned to take no more than a leisurely morning or afternoon, highlighting the not-to-be-missed museums, churches, and monuments as well as less conspicuous but equally charming sites. These tours offer explicit directions keyed to thirty-two easy-to-follow maps, concise descriptions of sights along the routes, and brief historical notes about buildings and other places of interest. From Amsterdam to Segovia, these expertly designed walking tours unveil the immense cultural treasures that these magical cities hold-treasures best enjoyed on foot.Mad Women: The Other Side of Life on Madison Avenue in the '60s and Beyond
By Jane Maas. 2012
"Breezy and salty." -The New York Times"Hilarious! Honest, intimate, this book tells it as it was." -Mary Wells Lawrence, author…
of A Big Life (In Advertising) and founding president of Wells Rich Greene "Breezy and engaging [though] ...The chief value of Mad Women is the witness it bears for younger women about the snobbery and sexism their mothers and grandmothers endured as the price of entry into mid-century American professional life." -The Boston Globe"A real-life Peggy Olson, right out of Mad Men." -Shelly Lazarus, Chairman, Ogilvy & MatherWhat was it like to be an advertising woman on Madison Avenue in the 60s and 70s - that Mad Men era of casual sex and professional serfdom? A real-life Peggy Olson reveals it all in this immensely entertaining and bittersweet memoir.Mad Women is a tell-all account of life in the New York advertising world by Jane Maas, a copywriter who succeeded in the primarily male jungle depicted in the hit show Mad Men. Fans of the show are dying to know how accurate it is: was there really that much sex at the office? Were there really three-martini lunches? Were women really second-class citizens? Jane Maas says the answer to all three questions is unequivocally "yes." Her book, based on her own experiences and countless interviews with her peers, gives the full stories, from the junior account man whose wife almost left him when she found the copy of Screw magazine he'd used to find "a date" for a client, to the Ogilvy & Mather's annual Boat Ride, a sex-and-booze filled orgy, from which it was said no virgin ever returned intact. Wickedly funny and full of juicy inside information, Mad Women also tackles some of the tougher issues of the era, such as unequal pay, rampant, jaw-dropping sexism, and the difficult choice many women faced between motherhood and their careers.Open Banking: Global Development and Regulation (Routledge International Studies in Money and Banking)
By Francesco De Pascalis, Alan Brener. 2024
Open banking ends the proprietary control of customer information by banks and allows customers to share their banking financial data…
with third parties as a matter of right. It can also permit customers to allow others to remove funds directly from their bank accounts in return for goods and services. All of this is done securely with standardised ‘application programming interfaces’ (APIs). Open banking has developed in different ways and with different objectives across the globe. Open Banking: Global Development and Regulation examines the empowering and enabling regulations that facilitate all of this.This book compares a number of different open banking national strategies. These range from the focus of the UK and EU on enhanced competition to the more collaborative approaches in many East Asian jurisdictions. It also looks at the use of open banking for socio-economic purpose in Brazil and India. Here open banking forms part of a wider government programme to increase financial inclusion coupled with encouraging economic growth.This text will be valuable for fintech companies, policymakers and financial services regulators Its overarching aim is to demonstrate the possibilities and challenges of open banking and how it is changing lives across the world.The Myth of Chinese Capitalism: The Worker, the Factory, and the Future of the World
By Dexter Roberts. 2020
The untold story of how restrictive policies are preventing China from becoming the world’s largest economyDexter Roberts lived in Beijing…
for two decades working as a reporter on economics, business and politics for Bloomberg Businessweek. In The Myth of Chinese Capitalism, Roberts explores the reality behind today’s financially-ascendant China and pulls the curtain back on how the Chinese manufacturing machine is actually powered.He focuses on two places: the village of Binghuacun in the province of Guizhou, one of China’s poorest regions that sends the highest proportion of its youth away to become migrants; and Dongguan, China’s most infamous factory town located in Guangdong, home to both the largest number of migrant workers and the country’s biggest manufacturing base. Within these two towns and the people that move between them, Roberts focuses on the story of the Mo family, former farmers-turned-migrant-workers who are struggling to make a living in a fast-changing country that relegates one-half of its people to second-class status via household registration, land tenure policies and inequality in education and health care systems. In The Myth of Chinese Capitalism, Dexter Roberts brings to life the problems that China and its people face today as they attempt to overcome a divisive system that poses a serious challenge to the country’s future development. In so doing, Roberts paints a boot-on-the-ground cautionary picture of China for a world now held in its financial thrall.Dexter Roberts is an award-winning journalist and a regular commentator on the U.S.-China trade and political relationship. His prior speaking engagements include traditional news media outlets (NPR, Fox News, CNN International) as well as universities and institutes (George Washington University, Council on Foreign Relations, and the Overseas Press Club). He is available for virtual classroom visits to courses that adopt The Myth of Chinese Capitalism. Please contact academic@macmillan.com for more information.Despite the conventional wisdom that affordable housing, either in the form of homeownership or through access to rental units, has…
beneficial effects for households, society, and the economy more broadly, there is a noteworthy lack of empirical studies of housing development and construction companies or building societies that actively work to supply this asset class in the economy. There are several reasons for this condition, including the “thin market” for such business activities. This book offers a case study that includes two Swedish housing development companies that have targeted a market niche for affordable homes that few other companies and market actors are concerned with.One company is part of a major construction company conglomerate which produces prefabricated housing modules to better serve the low-end niche of the housing market. The other company is a municipality-owned housing development company that acts on the basis of market practices and rules but that also on policymakers’ stated ambition to provide affordable homes for the residents in the municipality, the largest municipality in a major Swedish metropolitan area. Taken together, the study of these two companies provides first-hand insights into how the production of affordable homes takes place in a real-world economy.The book is of relevance for a variety of readers, including graduate students, management scholars, policymakers, and management consultants.Regional Cooperation and Resilience in East Asia (Routledge Advances in Regional Economics, Science and Policy)
By Sebastian Bobowski. 2024
This book argues that a resilient region should act reactively and proactively in the face of shocks and disruptions and…
asserts that the institutionalization of regional cooperation may be the answer to development challenges in times of uncertainty and instability.It considers regional, transregional, and subregional cooperation initiatives for building regional resilience and critically examines a broad spectrum of issues, such as international security and trade, economic development, value chains in production, and social welfare. Adopting the concept of resilience allows for a holistic, dynamic, and systematic approach to the studies on the regional process of institutionalization, responsiveness, and adaptability to challenging circumstances. The economic and social indicators of the countries in the region are examined alongside an analysis of the regional institutional architecture.The reader is acquainted with the essence of resilience concerning each category of challenges and the mechanisms of its achievement and strengthening through regional integration. The interdisciplinary character of the book makes it suitable for usage not only by economists but also by lawyers. As such, the book will be helpful to scholars and students of international economics, international security, and policymakers.The problems of inflation, unemployment and economic stagnation are shared by all industrialised countries, but government response to them varies…
from state to state. This book, originally published in 1984, examines the effect of the recession of the 1980s on policy-making and policy content in Britain, France, Germany, Italy and Sweden. The author identifies the particular problems that face each country and explains why certain policies were adopted and how recession influenced policy-making. Through comparative analysis, the book shows how each government’s policy-making processes responded to the economic and social pressures created by a crisis in the world economyFrontier Information Technology and Systems Research in Cooperative Economics (Studies in Systems, Decision and Control #316)
By Aleksei V. Bogoviz, Alexander E. Suglobov, Alexandr N. Maloletko, Olga V. Kaurova, Svetlana V. Lobova. 2021
This book is the very first book-length study devoted to the advances in technological development and systems research in cooperative…
economics. The chapters provide, first of all, a coherent framework for understanding and applying the concepts and approaches of complexity and systems science for the advanced study of cooperative networks and particular cooperative enterprises and communities. Second, the book serves as a unique source of reliable information on the frontier information technologies available for the production, consumer, credit, and agricultural cooperative enterprises, discussing predominant strategies, potential drivers of change, and responses to complex problems. Given the diverse range of backgrounds and advanced research results, researchers, decision-makers, and stakeholders from all fields of cooperative economics in any country of the world will undoubtedly benefit from this book.Cambridge Social Ontology: An Introduction to Social Positioning Theory (Economics as Social Theory)
By Yannick Slade-Caffarel. 2024
Social ontology is the study of the nature and basic structure of social reality. It is a rapidly growing field…
at the intersection of philosophy and social science that has the potential to greatly assist social researchers of all kinds. One of the longest running projects in social ontology has developed over the better part of the last four decades through the work of Tony Lawson and the Cambridge Social Ontology Group. Cambridge social ontology has its origins in an assessment that the widespread explanatory failure of modern mainstream economics, as well as in the social sciences more generally, is due to sustained ontological neglect and the resulting use of research methods that are inappropriate, given the nature of social material. The Cambridge project’s aim has been to rectify this neglect through conducting explicit and sustained inquiry into the nature of social material with a view to elaborating an explanatorily powerful conception of social ontology. The result is social positioning theory. This book is an introduction to the key features of social positioning theory, provides context as to the theory’s development and illustrates how social positioning theory can clarify the natures of phenomena such as gender and the corporation.Cambridge Social Ontology is for social scientists, philosophers and all readers interested in gaining a better understanding of the nature of social phenomena.France was interwar Poland’s main ally, and the biggest source of the country’s foreign investment. The two roles were closely…
connected: Paris used its position in Warsaw to win preferential treatment for its firms, while Polish authorities depended on France to finance their modernization policies and military spending. The relationship’s asymmetric character bred conflict, and in the 1930s dissenting voices compared French actions in Poland to imperialism and colonial expansion. This book untangles the complex mix of economics, policy, and politics in Franco-Polish relations. Based on government and company-level sources, it evaluates the part played by French capital in Poland and discovers the mechanisms ruling French FDI and public loans. Exploring case studies of specific sectors and themes, it asks questions about the modernizing potential of FDI, interwar economic imperialism, the workings of asymmetric investment, and the interactions between investments and politics. Understanding the unequal footing of Warsaw and Paris, it goes beyond imperialistic interpretations, and examines the leeway available to the weaker partner of the relationship. The book contributes to economic history of Central and Eastern Europe, and, more generally, to our understanding of the position of peripheral countries in the interwar global system.Priority of Needs?: An Informed Theory of Need-based Justice
By Bernhard Kittel, Stefan Traub. 2024
This book develops an empirically informed normative theory of need-based justice, summarizing core findings of the DFG research group FOR2104…
“Need-based Justice and Distributive Procedures”. In eleven chapters scholars from the fields of economics, political science, philosophy, psychology, and sociology cover the identification and rationale of needs, the recognition and legitimacy of needs, the dynamics and stability of procedures of distributions according to needs, and the consequences and sustainability of need-based distributions. These four areas are studied from the perspective of two mechanisms of need objectification, the social objectification by the discursive generation of mutual understanding (transparency) and the factual objectification by the transfer of decisions to uninvolved experts (expertise). The volume addresses academics in the fields of justice research, ethics, political theory, social choice and welfare, framing, individual and group decision making, inequality and redistribution, as well as advanced students in the contributing disciplines.