Against the Grain: Insights from an Economic Contrarian
Against the Grain: Insights from an Economic Contrarian

Author: Paul Ormerod

Publisher: London Publishing Partnership

Published: 2018-04-24

Total Pages: 225

ISBN-13: 0255367562

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Economists and economics have been harshly criticised recently. This book accepts many of the criticisms of conventional theory but argues that the fundamental insights of economics are capable of reinterpretation and reinvention to deal with a host of contemporary concerns – social networks, globalisation, pay inequality, climate change, automation and the growth of ‘nudge’ policy amongst many others. The author uses his weekly column in the London business newspaper City A.M. to explain new developments in economic thinking and empirical research to a general audience. This book reproduces many of his most provocative columns with accompanying commentary and full references. The author’s witty and informed analysis of events provides an ideal introduction to important ideas for anybody interested in how the modern economy works.

The Henry Fords of Healthcare: ...Lessons the West Can Learn from the East
The Henry Fords of Healthcare: ...Lessons the West Can Learn from the East

Author: Nima Sanandaji

Publisher: London Publishing Partnership

Published: 2020-02-27

Total Pages: 103

ISBN-13: 0255367899

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How can health services in the UK and Europe be improved? And can costs be reduced at the same time? Over the years, many ideas have been put forward – from increased spending on preventive healthcare to the better use of technology to reduce bureaucracy and ‘pay for performance’ schemes. But author Nima Sanandaji says this is merely tinkering at the margins. What’s needed, he argues, is a completely new approach – one which embraces disruptive innovations from a new breed of entrepreneurs. Allowing true entrepreneurialism in healthcare might be considered extreme in a Western setting – but he points to a spectacular wave of success in the East to support his case. In India, Thailand, China and the Middle East, entrepreneurs have drawn inspiration from the motor industry to streamline procedures and create economies of scale. In areas such as heart surgery, they’ve dramatically driven down costs – and dramatically improved outcomes. So much so that the new market economies of the East are now, he contends, many steps of ahead of the West. In The Henry Fords of Healthcare Sanandaji outlines the lessons the West can now learn from the East, making a radical, compelling and controversial contribution to the debate on our own ailing health systems.

Top Dogs and Fat Cats: The Debate on High Pay
Top Dogs and Fat Cats: The Debate on High Pay

Author: J. R. Shackleton

Publisher: London Publishing Partnership

Published: 2019-04-25

Total Pages: 215

ISBN-13: 0255367740

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Top pay has risen much faster than average pay in the past 20 years. Today there's widespread public concern about the apparent excesses of some pay deals in the corporate sector - although people are more forgiving of the rewards to entrepreneurs, entertainers and sports stars. This collection of essays puts various aspects of this debate under the spotlight. It looks at the role of shareholders in awarding executive pay, examines how pay data are produced and used, and asks whether Long-Term Incentive Plans have created unnecessary inflation of executive pay. It also looks at high pay in the public sector and in areas where government funding plays a major role - such as universities and charities. And it investigates the disparity in pay between men and women among very high earners.

The Sharing Economy: Its Pitfalls and Promises
The Sharing Economy: Its Pitfalls and Promises

Author: Michael C. Munger

Publisher: Do Sustainability

Published: 2021-08-12

Total Pages: 171

ISBN-13: 0255367929

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Transactions have always taken place. For hundreds of years that ‘place’ was a market or, more recently, a shopping mall. But in the past two decades these physical locations have increasingly been replaced by their virtual counterparts – online platforms. Here, author Michael C. Munger demonstrates how these platforms act as matchmakers or middlemen, a role traders have adopted since the very first exchanges thousands of years ago. The difference today is that the matchmakers often play no direct part in buying or selling anything – they just help buyers and sellers find each other. Their major contribution has been to reduce the costs of organising and completing purchases, rentals or exchanges. The Sharing Economy: Its Pitfalls and Promises contends that the key role of online platforms is to create reductions in transaction costs and it highlights the importance of three ‘Ts’ - triangulation, transfer and trust – in bringing down those costs.

Ayn Rand: An Introduction
Ayn Rand: An Introduction

Author: Eamonn Butler

Publisher: London Publishing Partnership

Published: 2018-06-21

Total Pages: 177

ISBN-13: 0255367651

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Few 20th century intellectuals have been as influential – and controversial – as the novelist and philosopher Ayn Rand. Her thinking still has a profound impact, particularly on those who come to it through her novels, Atlas Shrugged and The Fountainhead – with their core messages of individualism, self-worth, and the right to live without the impositions of others. Even though ignored or scorned by some academics, traditionalists, progressives, and public intellectuals, she remains a major influence on many of the world’s leading legislators, policy advisers, economists, entrepreneurs and investors. Why does Rand’s work remain so influential? Ayn Rand: An Introduction illuminates Rand’s importance, detailing her understanding of reality and human nature, and explores the ongoing fascination with and debates about her conclusions on knowledge, morality, politics, economics, government, public issues, aesthetics and literature. The book also places these in the context of her life and times, showing how revolutionary they were, and how they have influenced and continue to impact public policy debates.

Opting Out: Conscience and Cooperation in a Pluralistic Society
Opting Out: Conscience and Cooperation in a Pluralistic Society

Author: David S. Oderberg

Publisher: London Publishing Partnership

Published: 2018-07-05

Total Pages: 155

ISBN-13: 0255367627

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Should people with deeply held objections to certain practices be allowed to opt out of involvement with them? Should a Christian baker who objects to homosexuality be allowed to deny service to a customer seeking a cake for a gay wedding? Should a Catholic nurse be able to refuse to contribute to the provision of abortions without losing her job? The law increasingly answers no to such questions. But David Oderberg argues that this is a mistake. He contends that in such cases, opting out should be understood as part of a right of dissociation – and that this right needs better legal protection than it now enjoys.

Getting the Measure of Money: A Critical Assessment of UK Monetary Indicators
Getting the Measure of Money: A Critical Assessment of UK Monetary Indicators

Author: Anthony J. Evans

Publisher: London Publishing Partnership

Published: 2018-12-06

Total Pages: 209

ISBN-13: 0255367686

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How much money is circulating in the United Kingdom? The question sounds simple. In fact, it is notoriously difficult to answer, because what counts as money is not a straightforward matter. A variety of measures have been advanced, and they tell different stories about the changing supply of money in an economy. These differences are of more than merely academic interest, because measures of the money supply are inputs to the decisions of central banks. Wrong answers can lead to wrong actions, with potentially devastating economic effects. This book examines the measure of money and, in that light, the actions of the Bank of England in in the lead up to the 2008 financial crisis and its aftermath. It is essential reading for anyone interested in money, measures of its quantity, and the relationship between the money supply and the economic cycle.

School of Thought: 101 Great Liberal Thinkers
School of Thought: 101 Great Liberal Thinkers

Author: Eamonn Butler

Publisher: London Publishing Partnership

Published: 2019-08-15

Total Pages: 209

ISBN-13: 0255367775

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School of Thought – 101 Great Liberal Thinkers profiles the lives and ideas of some of the leading thinkers on individual liberty – from ancient times to the present day. Award-winning author Eamonn Butler outlines key elements of liberal thought and takes a chronological look at those who shaped it across the centuries. He identifies their common goals – but also highlights their differing views on, for example, the extent of government involvement in our daily lives. For anyone interested in politics, government, social institutions, capitalism, rights, liberty and morality, School of Thought – 101 Great Liberal Thinkers provides a clear and concise introduction to a set of radical ideas – and the thinkers behind them.

School Choice around the World
School Choice around the World

Author: Christopher J. Counihan

Publisher: London Publishing Partnership

Published: 2019-06-06

Total Pages: 203

ISBN-13: 0255367805

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This volume of essays examines the empirical evidence on school choice in different countries across Europe, North America, sub-Saharan Africa and South Asia. It demonstrates the advantages which choice offers in different institutional contexts, whether it be Free Schools in the UK, voucher systems in Sweden or private-proprietor schools for low-income families in Liberia. Everywhere experience suggests that parents are ‘active choosers’: they make rational and considered decisions, drawing on available evidence and responding to incentives which vary from context to context. Government educators frequently downplay the importance of choice and try to constrain the options parents have. But they face increasing resistance: the evidence is that informed parents drive improvements in school quality. Where state education in some developing countries is particularly bad, private bottom-up provision is preferred even though it costs parents money which they can ill-afford. This book is both a collection of inspiring case studies and a call to action.