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Making the European Monetary Union
by Harold JamesEurope’s financial crisis cannot be blamed on the Euro, James contends in this probing exploration of the whys, whens, whos, and what-ifs of European monetary union. The current crisis goes deeper, to conundrums that were debated but not resolved at the time of the Euro’s invention. And, Euro or no Euro, these clashes will continue into the future.
Public Policy in an Uncertain World: Analysis And Decisions
by Charles F. ManskiManski argues that public policy is based on untrustworthy analysis. Failing to account for uncertainty in an uncertain world, policy analysis routinely misleads policy makers with expressions of certitude. Manski critiques the status quo and offers an innovation to improve both how policy research is conducted and how it is used by policy makers.
The Great Indian Phone Book: How The Cheap Cell Phone Changes Business, Politics, And Daily Life
by Assa DoronOver just a decade in India, the mobile phone was transformed from a rare, unwieldy instrument to a palm-sized staple that even poor fisherman can afford. Assa Doron and Robin Jeffrey investigate the social revolution ignited by what may be the most significant communications device in history and explore the whole ecosystem of cheap mobile phones.
American Tax Resisters
by Romain D. HuretAmerican Tax Resisters gives a history of the anti-tax movement that, for the past 150 years, has pursued limited taxes on wealth and battled efforts to secure social justice through income redistribution. It explains how a once-marginal ideology became mainstream, elevating individual entrepreneurialism over sacrifice and solidarity.
How the Other Half Banks: Exclusion, Exploitation, and the Threat to Democracy
by Mehrsa BaradaranThe United States has two separate banking systems today—one serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to wander through a Wild West of payday lenders and check-cashing services to cover emergency expenses and pay for necessities—all thanks to deregulation that began in the 1970s and continues decades later. “Baradaran argues persuasively that the banking industry, fattened on public subsidies (including too-big-to-fail bailouts), owes low-income families a better deal…How the Other Half Banks is well researched and clearly written…The bankers who fully understand the system are heavily invested in it. Books like this are written for the rest of us.” —Nancy Folbre, New York Times Book Review “How the Other Half Banks tells an important story, one in which we have allowed the profit motives of banks to trump the public interest.” —Lisa J. Servon, American Prospect
Thinking Small: The United States and the Lure of Community Development
by Daniel ImmerwahrWinner of the Merle Curti Award in Intellectual History, Organization of American Historians Co-Winner of the Society for U.S. Intellectual History Book Award Thinking Small tells the story of how the United States sought to rescue the world from poverty through small-scale, community-based approaches. And it also sounds a warning: such strategies, now again in vogue, have been tried before, with often disastrous consequences. “Unfortunately, far from eliminating deprivation and attacking the social status quo, bottom-up community development projects often reinforced them…This is a history with real stakes. If that prior campaign’s record is as checkered as Thinking Small argues, then its intellectual descendants must do some serious rethinking… How might those in twenty-first-century development and anti-poverty work forge a better path? They can start by reading Thinking Small.” —Merlin Chowkwanyun, Boston Review “As the historian Daniel Immerwahr demonstrates brilliantly in Thinking Small, the history of development has seen constant experimentation with community-based and participatory approaches to economic and social improvement…Immerwahr’s account of these failures should give pause to those who insist that going small is always better than going big.” —Jamie Martin, The Nation
Virtual Competition
by Ariel EzrachiAriel Ezrachi and Maurice Stucke take a hard look at today’s app-assisted paradise of digital shopping. The algorithms and data-crunching that make online purchasing so convenient are also changing the nature of the market by shifting power into the hands of the few, with risks to competition, our democratic ideals, and our overall well-being.
The Rise and Fall of Neoliberal Capitalism
by David M. KotzThe collapse that began in 2008 continues to burden the world economy. David Kotz, one of the few academic economists to predict it, argues that the ongoing crisis is not simply the aftermath of financial panic and severe recession but is a structural crisis of neoliberal capitalism whose resolution will require major institutional restructuring.
Politics in Commercial Society: Jean-jacques Rousseau And Adam Smith
by Istvan HontScholars normally emphasize the contrast between the two great eighteenth-century thinkers Jean-Jacques Rousseau and Adam Smith. Rousseau is seen as a critic of modernity; Smith as an apologist. However, Istvan Hont finds significant commonalities in their work, arguing that both were theorists of commercial society but from different perspectives.
A New Deal for China’s Workers?
by Cynthia EstlundChina’s leaders aspire to the prosperity, political legitimacy, and stability that flowed from America’s New Deal, but they are irrevocably opposed to the independent trade unions and mass mobilization that brought it about. Cynthia Estlund’s crisp comparative analysis makes China’s labor unrest and reform legible to Western readers.
Calculated Values: Finance, Politics, and the Quantitative Age
by William DeringerModern political culture features a deep-seated faith in the power of numbers to find answers, settle disputes, and explain how the world works. Whether evaluating economic trends, measuring the success of institutions, or divining public opinion, we are told that numbers don’t lie. But numbers have not always been so revered. Calculated Values traces how numbers first gained widespread public authority in one nation, Great Britain. Into the seventeenth century, numerical reasoning bore no special weight in political life. Complex calculations were often regarded with suspicion, seen as the narrow province of navigators, bookkeepers, and astrologers, not gentlemen. This changed in the decades following the Glorious Revolution of 1688. Though Britons’ new quantitative enthusiasm coincided with major advances in natural science, financial capitalism, and the power of the British state, it was no automatic consequence of those developments, William Deringer argues. Rather, it was a product of politics—ugly, antagonistic, partisan politics. From Parliamentary debates to cheap pamphlets, disputes over taxes, trade, and national debt were increasingly conducted through calculations. Some of the era’s most pivotal political moments, like the 1707 Union of England and Scotland and the 1720 South Sea Bubble, turned upon calculative conflicts. As Britons learned to fight by the numbers, they came to believe, as one calculator wrote in 1727, that “facts and figures are the most stubborn evidences.” Yet the authority of numbers arose not from efforts to find objective truths that transcended politics, but from the turmoil of politics itself.
Stateless Commerce: The Diamond Network and the Persistence of Relational Exchange
by Barak D. RichmanHow does Manhattan’s 47th Street diamond district thrive as an ethnic marketplace without lawyers, courts, and state coercion? Barak Richman draws on insider interviews to show why relational exchange based on familiarity, trust, and community enforcement succeeds and what it reveals about the modern state’s limitations in governing the economy.
Markets, Morals, Politics: Jealousy of Trade and the History of Political Thought
by Béla KapossyWhen István Hont died in 2013, the world lost a giant of intellectual history. A leader of the Cambridge School of Political Thought, Hont argued passionately for a global-historical approach to political ideas. To better understand the development of liberalism, he looked not only to the works of great thinkers but also to their reception and use amid revolution and interstate competition. His innovative program of study culminated in the landmark 2005 book Jealousy of Trade, which explores the birth of economic nationalism and other social effects of expanding eighteenth-century markets. Markets, Morals, Politics brings together a celebrated cast of Hont’s contemporaries to assess his influence, ideas, and methods. Richard Tuck, John Pocock, John Dunn, Raymond Geuss, Gareth Stedman Jones, Michael Sonenscher, John Robertson, Keith Tribe, Pasquale Pasquino, and Peter N. Miller contribute original essays on themes Hont treated with penetrating insight: the politics of commerce, debt, and luxury; the morality of markets; and economic limits on state power. The authors delve into questions about the relationship between states and markets, politics and economics, through examinations of key Enlightenment and pre-Enlightenment figures in context—Hobbes, Rousseau, Spinoza, and many others. The contributors also add depth to Hont’s lifelong, if sometimes veiled, engagement with Marx. The result is a work of interpretation that does justice to Hont’s influence while developing its own provocative and illuminating arguments. Markets, Morals, Politics will be a valuable companion to readers of Hont and anyone concerned with political economy and the history of ideas.
Indigenous: Human Rights Law and Bedouin Arabs in the Naqab/Negev (International Human Rights Program Practice Ser. #4)
by Ahmad AmaraIndigenous (In)Justice explores legal and human rights issues surrounding the Bedouin Arab population in Israel's Naqab/Negev desert. With contributions from international scholars, including United Nations officials, the volume examines the economic and social rights of indigenous peoples within the context of the Israeli-Palestinian conflict.
The Expressive Powers of Law: Theories and Limits
by Richard H. McAdamsWhy do people obey the law? Law deters crime by specifying sanctions, and because people internalize its authority. But Richard McAdams says law also generates compliance through its expressive power to coordinate behavior (traffic laws) and inform beliefs (smoking bans)—that is, simply by what it says rather than what it sanctions.
Stuff and Money in the Time of the French Revolution
by Rebecca L. SpangRebecca L. Spang, who revolutionized our understanding of the restaurant, has written a new history of money. It is also a new history of the French Revolution, with economics at its heart. In her telling, radicalization was driven by an ever-widening gap between political ideals—including “freedom of money”—and the harsh realities of daily life.
WHEEL OF FORTUNE: The Battle For Oil And Power In Russia
by Thane GustafsonThe world’s largest exporter of oil is facing mounting problems that could send shock waves through every major economy. Gustafson provides an authoritative account of the Russian oil industry from the last years of communism to its uncertain future. The stakes extend beyond global energy security to include the threat of a destabilized Russia.
Collected Papers on Monetary Theory
by Robert E. Lucas Jr. Robert E Lucas Max GillmanOne of the outstanding monetary theorists of the past 100 years, Lucas revolutionized our understanding of how money interacts with the real economy of production, consumption, and exchange. These 21 papers, published 1972–2007, cover core monetary theory and public finance, asset pricing, and the real effects of monetary instability.
Fostering Innovative Cultures in Sport: Leadership, Innovation and Change
by James Skinner Aaron C. Smith Steve SwansonAnalysing the trends that are emerging in sport enterprises such as advancements in technology and social media, the authors of this illuminating book tackle the issue of how to create new opportunities in such a changing industry. Providing valuable reading for sports business scholars, this book draws on examples from inventive companies as well as inspirational sports leaders and illustrates the various drivers behind innovation. Addressing the need for a culture of innovation within sports enterprises, the authors reveal sustainable ways for companies to stay ahead of the game in an increasingly competitive global sport market.
Fostering Innovative Cultures in Sport: Leadership, Innovation and Change
by James Skinner Aaron C. Smith Steve SwansonAnalysing the trends that are emerging in sport enterprises such as advancements in technology and social media, the authors of this illuminating book tackle the issue of how to create new opportunities in such a changing industry. Providing valuable reading for sports business scholars, this book draws on examples from inventive companies as well as inspirational sports leaders and illustrates the various drivers behind innovation. Addressing the need for a culture of innovation within sports enterprises, the authors reveal sustainable ways for companies to stay ahead of the game in an increasingly competitive global sport market.
The Logic of Collective Action: Public Goods and the Theory of Groups, Second printing with new preface and appendix (Harvard Economic Studies #124)
by Mancur OlsonThis book develops an original theory of group and organizational behavior that cuts across disciplinary lines and illustrates the theory with empirical and historical studies of particular organizations. Applying economic analysis to the subjects of the political scientist, sociologist, and economist, Mancur Olson examines the extent to which individuals who share a common interest find it in their individual interest to bear the costs of the organizational effort.
Man’s Better Angels: Romantic Reformers and the Coming of the Civil War
by Philip F. GuraBanks failed, inequality grew, people were out of work, and slavery threatened to rend the nation in two. The Panic of 1837 drew forth reformers who, animated by self-reliance, became prophets of a new moral order that would make America great again. Philip Gura captures a Romantic moment that was soon overtaken by civil war and postwar pragmatism.
Legal Plunder: Households And Debt Collection In Late Medieval Europe
by Daniel Lord SmailAs a Europe grew rich in the Middle Ages, the well-made clothes, linens, and wares of households often substituted for hard currency. Pawnbrokers kept goods in circulation, and sergeants of the law marched into debtors’ homes to seize belongings equal in value to debts owed. David Smail describes a material world on the cusp of modern capitalism.
Sustainability for a Warming Planet
by Humberto LlavadorHuman-generated greenhouse gas emissions imperil a global resource: a biosphere capable of supporting life as we know it. What is the fair way to share this scarce resource across present and future generations and across regions of the world? This study offers a new perspective based on the guiding ethics of sustainability and egalitarianism.
Writing for Hire: Unions, Hollywood, And Madison Avenue
by Catherine L. FiskProfessional writers may earn a tidy living for their work, but they seldom own their writing. Catherine Fisk traces the history of labor relations that defined authorship in film, TV, and advertising in the mid-twentieth century, showing why strikingly different norms of attribution emerged in these overlapping industries.