131 results for "Economics"

Transaction Man Traders, Disrupters, and the Dismantling of Middle-Class America

Nicholas Lemann
An Amazon Best History Book of 2019 "A splendid and beautifully written illustration of the tremendous importance public policy has for the daily lives of ordinary people." —Ryan Cooper, Washington Monthly Over the last generation, the United States has undergone seismic changes. Stable institutions have given way to frictionless transactions, which are celebrated no matter what collateral damage they generate. The concentration of great wealth has coincided with the fraying of social ties and the rise of inequality. How did all this come about? In Transaction Man , Nicholas Lemann explains the United States’—and the world’s—great transformation by examining three remarkable individuals who epitomized and helped create their eras. Adolf Berle, Franklin Delano Roosevelt’s chief theorist of the economy, imagined a society dominated by large corporations, which a newly powerful federal government had forced to become benign and stable institutions, contributing to the public good by offering stable employment and generous pensions. By the 1970s, the corporations’ large stockholders grew restive under this regime, and their chief theoretician, Harvard Business School’s Michael Jensen, insisted that firms should maximize shareholder value, whatever the consequences. Today, Silicon Valley titans such as the LinkedIn cofounder and venture capitalist Reid Hoffman hope “networks” can reknit our social fabric. Lemann interweaves these fresh and vivid profiles with a history of the Morgan Stanley investment bank from the 1930s through the financial crisis of 2008, while also tracking the rise and fall of a working-class Chicago neighborhood and the family-run car dealerships at its heart. Incisive and sweeping, Transaction Man is the definitive account of the reengineering of America and the enormous impact it has had on us all.
Picador 2020-11-10 320 pages

DarkMarket

Misha Glenny
Shortlisted for the Orwell Prize and the CWA Gold Dagger for Non-Fiction Award The benefits of living in a digital, globalised society are enormous; so too are the dangers. The world has become a law enforcer's nightmare and every criminal's dream. We bank online, shop online, date, learn, work and live online. But have the institutions that keep us safe on the streets learned to protect us in the burgeoning digital world?Ê Have we become complacent about our personal security Ñ sharing our thoughts, beliefs and the details of our daily lives with anyone who cares to relieve us of them? In this fascinating and compelling book, Misha Glenny, author of the international bestseller McMafia, explores the three fundamental threats facing us in the twenty-first century: cyber crime, cyber warfare and cyber industrial espionage. Governments and the private sector are losing billions of dollars each year, fighting an ever-morphing, often invisible, and highly intelligent new breed of criminal: the hacker. Glenny has travelled and trawled the world. And by exploring the rise and fall of the criminal website, DarkMarket, he has uncovered the most vivid, alarming and illuminating stories.ÊWhether JiLsi or Matrix, Iceman, Master Splynter or Lord Cyric; whether Detective Sergeant Chris Dawson in Bolton or Agent Keith Mularski in Pittsburgh, Glenny has tracked down and interviewed all the players Ñ the criminals, the geeks, the police, the security experts and the victims Ñ and he places everyone and everything in a rich brew of politics, economics and history. The result is simply unputdownable. DarkMarketis authoritative and completely engrossing. It's a must-read for everyone who uses a computer: the essential crime book for our times.
House of Anansi 2011-09-20 320 pages

The Case Against the Fed

Murray Newton Rothbard
The most powerful case against the American central bank ever written. This work begins with a mini-treatment of money and banking theory, and then plunges right in with the real history of the Federal Reserve System. Rothbard covers the struggle between competing elites and how they converged with the Fed. Rothbard provides a succinct account of the origins of money, showing how money must originate from a commodity. Banking originated from goldsmiths, who issued warehouse receipts for gold deposited with them. From this a fractional reserve system developed, inherently prone to monetary expansion and panic. In the late nineteenth century, a movement toward bank centralization arose among both "progressives" and bankers, the latter eager to increase their profits. From these plans, the Federal Reserve System developed. Rothbard shows the dominate influence of the banking House of Morgan at the Fed's inception. During the New Deal, Rockefeller interests took first place in influence, with the Morgan interests reduced to a subordinate though still potent role. The book concludes with an account of the Fed's role in causing inflation and the business cycle. Abolition of this nefarious agency must be part of any agenda for genuine financial reform.
Ludwig von Mises ,Institute 2015-05-27 166 pages

Bootstrapped Liberating Ourselves from the American Dream

Alissa Quart
An unsparing, incisive, yet ultimately hopeful look at how we can shed the American obsession with self-reliance that has made us less healthy, less secure, and less fulfilled The promise that you can "pull yourself up by your bootstraps" is central to the story of the American Dream. It's the belief that if you work hard and rely on your own resources, you will eventually succeed. However, time and again we have seen how this foundational myth, with its emphasis on individual determination, brittle self-sufficiency, and personal accomplishment, does not help us. Instead, as income inequality rises around us, we are left with shame and self-blame for our condition. Acclaimed journalist Alissa Quart argues that at the heart of our suffering is a do-it-yourself ethos, the misplaced belief in our own independence and the conviction that we must rely on ourselves alone. Looking at a range of delusions and half solutions--from "grit" to the false Horatio Alger story to the rise of GoFundMe--Quart reveals how we have been steered away from robust social programs that would address the root causes of our problems. Meanwhile, the responsibility for survival has been shifted onto the backs of ordinary people, burdening generations with debt instead of providing the social safety net we so desperately need. Insightful, sharply argued, and characterized by Quart's lively writing and deep reporting, and for fans of Evicted and Nickel and Dimed, Bootstrapped is a powerful examination of what ails us at a societal level and a plan for how we can free ourselves from these self-defeating narratives.
HarperCollins Publishers 2024-04-09 288 pages

A Living Wage American Workers and the Making of Consumer Society

Lawrence B. Glickman
The fight for a "living wage" has a long and revealing history as documented here by Lawrence B. Glickman. The labor movement's response to wages shows how American workers negotiated the transition from artisan to consumer, opening up new political possibilities for organized workers and creating contradictions that continue to haunt the labor movement today. Nineteenth-century workers hoped to become self-employed artisans, rather than permanent "wage slaves." After the Civil War, however, unions redefined working-class identity in consumerist terms, and demanded a wage that would reward workers commensurate with their needs as consumers. This consumerist turn in labor ideology also led workers to struggle for shorter hours and union labels. First articulated in the 1870s, the demand for a living wage was voiced increasingly by labor leaders and reformers at the turn of the century. Glickman explores the racial, ethnic, and gender implications, as white male workers defined themselves in contrast to African Americans, women, Asians, and recent European immigrants. He shows how a historical perspective on the concept of a living wage can inform our understanding of current controversies.
Cornell University Press 1999-03-11 240 pages

Ratlines How the Vatican's Nazi Networks Betrayed Western Intelligence to the Soviets

Mark Aarons,John Loftus
Analytical account of the alleged involvement of Vatican officials in smuggling former members of Nazi and other fascist governments out of Europe after WWII. Based on documents held in the USA and released under the Freedom of Information Act. Aaron is the author of the prize-winning TSanctuary! Nazi fugitives in Australia'.
Reed Books 1991 372 pages

Friendly Fire How Israel Became Its Own Worst Enemy

Ami Ayalon,Anthony David
A highly decorated Israeli military officer, leader, and former director of the internal security service, Shin Bet, sees the light on what his country must do to achieve a lasting peace between Israel and the Palestinians. In this deeply personal journey of discovery, Ami Ayalon seeks input and perspective from Palestinians and Israelis whose experiences differ from his own. As head of the Shin Bet security agency, he gained empathy for 'the enemy' and learned that when Israel carries out anti-terrorist operations in a political context of hopelessness, the Palestinian public will support violence, because they have nothing to lose. Researching and writing Friendly Fire , he came to understand that his patriotic life had blinded him to the self-defeating nature of policies that have undermined Israel's civil society while heaping humiliation upon its Palestinian neighbours. 'If Israel becomes an Orwellian dystopia,' Ayalon writes, 'it won't be thanks to a handful of theologians dragging us into the dark past. The secular majority will lead us there motivated by fear and propelled by silence.' Ayalon is a realist, not an idealist, and many who consider themselves Zionists will regard as radical his conclusions about what Israel must do to achieve relative peace and security and to sustain itself as a Jewish homeland and a liberal democracy. 'How can a staunch Zionist who was raised on one of Israel's earliest settlements and trained as a kill-or-be-killed elite commando spearhead a campaign for peace with his enemies? The answer, in Ami Ayalon's captivating narrative, is an eye-opener for Palestinians and Israelis alike.' -Sari Nusseibeh, author of Once Upon a Country- a Palestinian life , former president of the Al-Quds University, and former Palestinian National Authority representative in Jerusalem ' Ayalon's aims and accomplishments are ... undeniably impressive ... Hope finds a prominent presence in what so many think is a hopeless, endless conflict.' - Kirkus Reviews 'Ami Ayalon discusses how he came to see a two-state solution with the Palestinians as the best way to ensure Israel's security, not just through analysing numbers and statistics, but through a humanistic approach. He discusses ... how his humanist paradigm not only allowed him to see how the Palestinians' grievances and aspirations are intertwined with Israel's security, but also how he still acknowledges and sympathises with the narratives of those in Israel whom he may disagree with.' -Jonah Naghi, The Times of Israel
Scribe Publications 2020-12 320 pages

The Market as an Economic Process

Ludwig M. Lachmann
It is widely acknowledged among economists today that their discipline is in a state of some disarray. Behind the controversies particular to the times lies a fundamental crisis of thought, rooted in the increasingly apparent inadequacy of the neoclassical approach that has been dominant for some fifty years. The failure to impose such a formalistic framework has fostered the return from the wilderness of the subjectivist Austrian School of economics and renewed debate on the nature of markets and the predictability of economic phenomena. Until recently subjectivist economics has been largely ignored by mainstream economists. But as the dominant neoclassical, Keynesian, and monetarist approaches have each been championed in turn only to be found wanting at the end of the day, the Austrian approach has come to seem increasingly promising. In this book, first published in 1986 and now reprinted with a new foreword from Solomon M. Stein and Virgil Henry Storr, Ludwig M. Lachmann presents his case for viewing economic events as elements within an ongoing process dependent on human actions in a world where the future, though not unimaginable, is unknowable. In stark contrast to the mechanistic world view of mainstream orthodoxy, his perspective takes due account of the complex workings of the human mind. His insistence on the variety of ways in which markets may function warns against elevating any "process" theory to the levels of abstraction characteristic of neoclassical equilibrium theory. Drawing easily on the classics as well as the most recent theoretical developments, Lachmann sheds new light on each of the areas he discusses. Ludwig M. Lachmann (1906-1990) witnessed and participated in numerous controversies for over fifty years as a leading member of the Austrian School, while remaining receptive to ideas from a diversity of disciplines and schools of thought. He studied under F. A. Hayek at the London School of Economics in the 1930s, and was a distinguished member of the Austrian School of economics and has played an active part in its revival over the past ten years. His previous publications include Capital and its Structure (1956), The Legacy of Max Weber (1970), and Capital Expectations and the Market Process (1977).
Mercatus Center at George Mason University 2020-06-22 190 pages

Milton Friedman on Freedom Selections from the Collected Works of Milton Friedman

Milton Friedman
In this book, Robert Leeson and Charles Palm have assembled an amazing collection of Milton Friedman's best works on freedom. Even more amazing is that the selection represents only 1 percent of the 1,500 works by Friedman that Leeson and Palm have put online in a user-friendly format--and an even smaller percentage if you include their archive of Friedman's audio and television recordings, correspondence, and other writings. This book and the larger online collection are sorely needed and very welcome. Milton Friedman deserves to be read in the original by generation after generation.
Hoover Institution Press 2024-04-09 260 pages

The Power to Persuade How to Be Effective in Any Unruly Organization

Richard N. Haass,Richard Haass
The Power to Persuade answers a fundamental question: how can you navigate a world where persuasion, rather than direct command, is the rule? In public sector organizations, and in today's "flattened" corporate hierarchies, traditional management strategies simply do not work. This book shows how to hone the political skills that are so often the key to improved performance - whether the goal is better policy or greater profit. While teaching at Harvard University, Richard Haass realized that no existing book advised people working in political settings how to be more effective. Now he has filled the gap. Using a compass as his operating metaphor - your boss is north of you, your staff is south, colleagues are east, and so on - Haass provides guidelines for managing relationships, setting goals, and translating goals into results. His interviews with Colin Powell, James Baker, Robert Strauss, and dozens of others yield valuable, practical insight. For the tens of millions of Americans
Houghton Mifflin 1995-05 260 pages

African Political Systems

Meyer Fortes
AFRICAN POLITICAL SYSTEMS by Fortes, Meyer CONTENTS: EDITORS' NOTE. PREFACE. Professor A. R. Radcliffe-Brown, M.A. (Cantab.), Emeritus Professor of Social Anthropology in the University of Oxford INTRODUCTION. Dr. M. Fortes and Professor E. E. Evans-Pntchard Aims of this Book. A Representative Sample of African. Societies. Political Philosophy and Comparative Politics. The Two Types of Political System Studied. Kinship in Political Organization. The Influence of Demography. The Influence of Mode of Livelihood. Composite Political Systems and the Conquest Theory. The Territorial Aspect. The Balance of Forces in the Political System, The Incidence and Function of Organised Force. Differences in Response to European Rule. The Mystical Values Associated with Political Office. The Problem of the Limits of the Political Group. THE KINGDOM OF THE ZULU OF SOUTH AFRICA. Max Gluckman. B.A. (How.) (Witwatersrand), D.Phil. (Oxon). Professor of Social Anthropology in the University of Manchester Historical Introduction. The Zulu King and the State. Status and Political Power. The Tribes within the Nation, Sanctions on Authority and the Stability of the State. The People and their Leaders. The Period of European Rule. Conclusion. THE POLITICAL ORGANIZATION OF THE NGWATO OF BECHUANALAND PROTECTORATE. /. Schapera, M.A, (Cape town), Ph.D., D.Sc.(London), F.R.S.S.Af. Professor of Social Anthropology in the University of Cape toton Ethnic Composition and Territorial Constitution. The Administrative System. Powers and Authority of the Chief. Rights and Responsibilities of Chieftainship. THE POLITICAL SYSTEM OF THE BEMBA TRIBE NORTHEASTERN RHODESIA. Audrey I. Richards, M.A-(Cantab\ Ph.D.(London). Reader in Social Anthropology at the London School of Economics and Political Science, University of London 83Bantu Political Organization Some General Features The Bemba Tribe: Tribal Composition Social Grouping Kinship Local Grouping Rank Other Principles of Social Grouping Economic Background White Administration. Bases of Authority: The Dogma of Descent Legal Rules of Descent and Succession. Functions and Prerogatives of Authority: The Headman the Chief. The Machinery of Government: Administrative Military Judicial Advisory, The Integration of the Tribe. Post-European Changes: New Authorities introduced Effects of the 1929 Ordinances. THE KINGDOM OF ANKOLE IN UGANDA K. Oberg, A.M., Ph.D.(Chicago)t Escola Livre de Sociologia e Politica, SSo Paulo, Brazil Traditional and Historical Background. Political Status, the King and the Royal Kraal. Tribute. The Cult of Bagyendanwa. Succession. Conclusion.
Read Books 2008-11 332 pages

Beyond Capital Marx's Political Economy of the Working Class

Michael A. Lebowitz
"Was Marx's Capital intended as a study of capitalism as a whole or was it meant as an analysis of capital? In Beyond 'Capital', Michael A. Lebowitz explores the implications of the book on wage-labour that Marx originally intended to write. Focusing on critical assumptions in Capital that were to be removed in Wage-Labour and upon Marx's methodology, Lebowitz stresses the one-sidedness of Marx's Capital and argues that the side of the workers, their goals and their struggles in capitalism have been ignored by a one-sided Marxism characterized by determinism, reductionism and a silence on human experience. In this completely reworked edition of his 1992 book, Lebowitz introduces three new chapters and explores problems in Marx's wage theory, the place of the workers' state in Marx's theory and the importance of the concept of the collective worker."--BOOK JACKET.
St. Martin's Press 1992 187 pages

Branson

Tom Bower
'Bower's book is a devastating indictment' Sunday Times 'Explosive ... Bower reveals a remarkable and sinister picture of the man who likes to appear as the ever-smiling hero' Daily Mail A sensational critical biography of the man and his business practices. No British tycoon is better known, few claim to be richer and none has masterminded a more recognisable brand than Richard Branson. What is behind the success of the buccaneering balloonist, the tabloids' favourite celebrity nude, the 'grinning jumper' and the scourge of corporate goliaths? Tom Bower has a uncovered a different tale to the one so eagerly promoted by Virgin's publicists. Here is the full story of Branson: his businesses, his friendships, his ambition, his law-breaking, his drug-taking, his bullying. Offering an intimate scrutiny of exactly how Richard Branson created and sold himself, this biography reveals Branson to be a single-minded profiteer who, while occasionally generous to others, has a fixed purpose to enhance his family's wealth in secret off-shore trust funds. Instead of a glittering saint, Branson emerges as a devious actor, proud of plucking for his own profit the good ideas of others.
Fourth Estate 2001 393 pages

America's Great Depression

Murray N. Rothbard,Murray Rothbard
Rothbard opens with a theoretical treatment of business cycle theory, showing how an expansive monetary policy generates imbalances between investment and consumption. He proceeds to examine the Fed's policies of the 1920s, demonstrating that it was quite inflationary even if the effects did not show up in the price of goods and services. He showed that the stock market correction was merely one symptom of the investment boom that led inevitably to a bust. The Great Depression was not a crisis for capitalism but merely an example of the downturn part of the business cycle, which in turn was generated by government intervention in the economy. Had the book appeared in the 1940s, it might have spared the world much grief. Even so, its appearance in 1963 meant that free-market advocates had their first full-scale treatment of this crucial subject. The damage to the intellectual world inflicted by Keynesian- and socialist-style treatments would be limited from that day forward.--Amazon.com
Martino Fine Books 2019-02-06 372 pages

The Ethics of Liberty

Murray Newton Rothbard
LARGE PRINT EDITION! More at LargePrintLiberty.com. This book is a masterpiece of argumentation, and shockingly radical in its conclusions. Rothbard says that the very existence of the state--the entity with a monopoly privilege to invade private property--is contrary to the ethics of liberty. A society without a state is not only viable; it is the only one consistent with natural rights. In this volume, Rothbard first familiarizes the reader with Natural Law theory. After this ethical introduction, he goes on to address numerous ethical issues, showing how liberty is in the right in every case. In the final two sections, Rothbard enumerates the state's role in society as inherently anti-liberty, and details the structure of alternate theories of liberty.
CreateSpace Independent Publishing Platform 2014-06-22 360 pages

The Anti-capitalistic Mentality

Ludwig Von Mises
2009 Reprint of original 1956 edition. Paperback, 114pp. Mises wrote and lectured extensively on behalf of classical liberalism and is seen as one of the leaders of the Austrian School of economics. Mises introduced praxeology as a more general conceptual foundation of the social sciences and established that economic laws were only arrived at through the means of methodological individualism firmly rejecting positivism and materialism as a foundation for the social sciences. Many of his works were on two related economic themes:1. Monetary economics and inflation; 2. The differences between government controlled economies and free trade.
Martino Publishing 2009 124 pages

Can global capitalism endure?

Robinson, William I.
"Global capitalism is facing an unprecedented crisis. The global economy is mired in prolonged stagnation. The worldwide social fabric is in decay. Civil strife and social upheaval are tearing up political systems and, in some cases, leading to the collapse of states. The planetary ecosystem is breaking down. Millions are fleeing, displaced by climate change, transnational corporate land grabs, wars and political persecution. How far into the future can global capitalism endure? In this urgent new study, sociologist William I. Robinson presents a "big picture" snapshot of the crisis of capitalism and the battle for the future of humanity. Drawing on 30 years of scholarship and activism, Robinson applies his original theory of global capitalism to the emerging digital age. He shows how global elites have pinned their hope on economic reactivation through the application of radical new digital technologies and financial strategies to the global economy and society. The rulers will turn to enhancing a global police state to contain mass rebellion as humanity enters a season of chaos and global civil war. The capitalist class and privileged strata of humanity may be able to survive collapse for decades to come even as a majority of humanity faces desperate struggles for survival that lead many to perish in the coming years. But there is eventually a terminal point to capitalist expansion as mass extinction and the radical alteration of the natural environment make life for our species and most others impossible. The only solution is a reversal of escalating inequalities through a radical redistribution of wealth and power downward as a first step in replacing the capitalist system, with its relentless pursuit of private profit at all cost, by an ecosocialism that prioritizes social need and harmony with the rest of nature. Theoretically sophisticated and engaging, this concise study will be satisfying to scholars yet accessible to a broader public concerned with the urgent political affairs of our day"--
Clarity Press, Inc 2022-08 114 pages

The Accumulation of Capital

Rosa Luxemburg
2015 Reprint of 1951 Edition. Full facsimile of the original edition. Not reproduced with Optical Recognition Software. First published in 1913 and generally held to be her finest achievement, this volume reveals Luxemburg as a Marxist critical of Karl Marx. It offers a theory of the dynamic development of capitalism which is of continued relevance to contemporary scholarship. Taking Marx as her starting point, she offers an independent and fiercely critical explanation of the economic and political consequences of capitalism in the context of the turbulent times in which she lived, reinterpreting events in the United States, Europe, China, Russia and the British Empire. Most today believe there is no alternative to global capitalism. This book is a timely and forceful statement of an opposing view. Rosa Luxemburg was born in 1870 in Russian Poland. She was murdered in Germany while on way to prison. Contains an introduction by Joan Robinson.
Martino Fine Books 2015-02-25 476 pages

Anatomy of the State

Murray Rothbard
2016 Reprint of Undated Original Edition [Circa 1965]. Full facsimile of the original edition, not reproduced with Optical Recognition Software. This gives a succinct account of Rothbard's view of the state. Following Franz Oppenheimer and Albert Jay Nock, Rothbard regards the state as a predatory entity. It does not produce anything but rather steals resources from those engaged in production. In applying this view to American history, Rothbard makes use of the work of John C. Calhoun How can an organization of this type sustain itself? It must engage in propaganda to induce popular support for its policies. Court intellectuals play a key role here, and Rothbard cites as an example of ideological mystification the work of the influential legal theorist Charles Black, Jr., on the way the Supreme Court has become a revered institution. A wealth of citations and references supports the basic premise.
Martino Fine Books 2016-07-11 30 pages