“Lucid, quietly urgent, and relentlessly logical . . . this is Bigthink with a capital B.” —The New York Times Book Review “Common Wealth explains the most basic economic reckoning that the world faces.” —Al Gore, winner of the 2007 Nobel Peace Prize and former vice president of the United States In Common Wealth, Jeffrey D. Sachs-one of the world's most respected economists and the author of The New York Times bestseller The End of Poverty- offers an urgent assessment of the environmental degradation, rapid population growth, and extreme poverty that threaten global peace and prosperity. Through crystalline examination of hard facts, Sachs predicts the cascade of crises that awaits this crowded planet-and presents a program of sustainable development and international cooperation that will correct this dangerous course. Few luminaries anywhere on the planet are as schooled in this daunting subject as Sachs, and this is the vital product of his experience and wisdom.

"The United States bills itself as the land of opportunity, a place where anyone can achieve success and a better life through hard work and determination. But the facts tell a different story--the U.S. today lags behind most other developed nations in measures of inequality and economic mobility. For decades, wages have stagnated for the majority of workers while economic gains have disproportionately gone to the top one percent. Education, housing, and health care--essential ingredients for individual success--are growing ever more expensive. Deeply rooted structural discrimination continues to hold down women and people of color, and more than one-fifth of all American children now live in poverty. These trends are on track to become even worse in the future. Some economists claim that today's bleak conditions are inevitable consequences of market outcomes, globalization, and technological progress. If we want greater equality, they argue, we have to sacrifice growth. This is simply not true. American inequality is the result of misguided structural rules that actually constrict economic growth. We have stripped away worker protections and family support systems, created a tax system that rewards short-term gains over long-term investment, offered a de facto public safety net to too-big-to-fail financial institutions, and chosen monetary and fiscal policies that promote wealth over full employment."--Amazon.com.

"Discusses how climate solutions must empower global development by improving livelihoods, health, and economic prospects and how poverty alleviation must become a central strategy for reducing global vulnerability to adverse climate impacts. Draws on expertise to ask how public, private sectors can help the poor manage the global climate crisis"--Provided by publisher.

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.

Volumes 2A and 2B of The Handbook of Economic Growth summarize recent advances in theoretical and empirical work while offering new perspectives on a range of growth mechanisms, from the roles played by institutions and organizations to the ways factors beyond capital accumulation and technological change can affect growth. Written by research leaders, the chapters summarize and evaluate recent advances while explaining where further research might be profitable. With analyses that are provocative and controversial because they are so directly relevant to public policy and private decision-making, these two volumes uphold the standard for excellence in applied economics set by Volumes 1A and 1B (2005). It offers definitive theoretical and empirical scholarship about growth economics. It empowers readers to evaluate the work of other economists and to plan their own research projects. It demonstrates the value of empirical testing, with its implicit conclusion that our understanding of economic growth will help everyone make better decisions.

This book sets forth both a theory and a comparative empirical analysis of stagflation, that peculiar combination of high unemployment, slow growth, and spurts of high inflation bedeviling the advanced industrial nations during the past fifteen years. The authors first construct a small macroeconomic model that takes full account of aggregate demand and supply forces in the determination of output, employment, and the price level, in both a single-economy and a multi-economy setting. They then apply the model to provide an understanding of comparative performance of industrial countries in the areas of unemployment, inflation, productivity, and investment growth. They argue convincingly that the decay of the major economies during this period resulted from the supply shocks of the 1970s, such as the two major OPEC oil-price increases, and from the consequent policy-induced decrease in demand in response to inflationary pressures. Their analysis differs markedly from similar studies in that it takes specific account of institutional differences in the labor markets of the various economies. This helps to explain in particular the divergent adjustment profiles of the United States and Europe. Bruno and Sachs make several key recommendations for the mix of demand management and incomes policies necessary to combat stagflation in individual countries as well as for the coordination of macroeconomic policies among the major industrial nations.

Expressed in such new institutions as GATT, NAFTA, the World Trade Organizations, and Maastricht, as well as by the development schemes of the World Bank and the International Monetary Fund, economic globalization has been bulldozed through legislative bodies throughout the world, with scant public debate or discourse. These tremendous changes are hailed by their backers as leading to a new era or prosperity and peace, but is this true? Now, for the first time, we have a comprehensive point-by-point analysis of the workings of the global economy, its premises, and its dire implications told by more than forty of the world's leading social, environmental, and economic thinkers from the America's, Europe, Asia, and the Pacific. They charge that free trade and economic globalization create exactly the opposite results from what is promised. Each of the forty-three chapters in The Case Against the Global Economy takes one part of the story and delves into it, to show both the root assumptions of globalism and its multiple failures. In the end, it is clear that we need to reverse course; away from the global toward a revitalization of local political and economic control, self-sufficiency, and ecological health.

First published in 1989, Technology and Development in the Third Industrial Revolution is a significant contribution to history.

In this innovative book, Ilan Kapoor and Gavin Fridell rethink development politics psychoanalytically, investigating its unconscious. Whereas mainstream development politics is organized around stability and rationality, psychoanalysis points to disharmony and irrationality, helping to explain the development subject's often self-defeating behaviour -- for example being seduced by growth and shopping, despite being aware of the inherent perils of inequality and climate crisis. Rethinking Development Politics reassesses development in relation to three significant schools of thought: Modernization; (neo)Marxist political economy; and Postdevelopment/Decoloniality. It exposes how all three disavow the unconscious temptations of development, resulting in the rationalization of the market, the undervaluation of fantasy and fetishism, and the advocacy of an uncritical politics of authenticity. The book distinguishes the psychoanalytic approach from its predecessors by focusing on contemporary case studies, including digital and green modernization, trade, neopopulism, anti-racist training, and radical politics in present-day Iran. Crucially, these case studies speak to the extent to which the unconscious may be a political resource for reconfiguring development politics to put the subaltern first. Proposing a distinctive method of inquiry, Rethinking Development Politics will be of great interest to students, academics, and researchers in development studies, psychology, sociology, international relations, political science, and peace and conflict studies. Its critical analysis will also be of great use to global agency officials, corporate policy-makers, public policy institutions, and activist and advocacy organizations.