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Author: Kaushik Basu
Publisher: Oxford University Press, USA
Published: 2000
Total Pages: 305
ISBN-13: 0198296711
DOWNLOAD EBOOKThis volume aims to understand why some economies succeed and some fail, and why some communities prosper while others stagnate, so economics must be seen as embedded in politics and society. It is a study of this embeddedness.
Author: Piero Sraffa
Publisher: CUP Archive
Published: 1960
Total Pages: 116
ISBN-13: 9780521065399
DOWNLOAD EBOOKFirst paperback edition, 1975.
Author: Kaushik Basu
Publisher:
Published: 2000
Total Pages: 288
ISBN-13: 9780191595943
DOWNLOAD EBOOKThis volume aims to understand why some economies succeed and some fail, and why some communities prosper while others stagnate, so economics must be seen as embedded in politics and society. It is a study of this embeddedness.
Author: Price V. Fishback
Publisher: University of Chicago Press
Published: 2000
Total Pages: 348
ISBN-13: 9780226251639
DOWNLOAD EBOOKWorkers' compensation was arguably the first widespread social insurance program in the United States--before social security, Medicare, or unemployment insurance--and the most successful form of labor legislation to emerge from the early progressive movement. In A Prelude to the Welfare State, Price V. Fishback and Shawn Everett Kantor challenge widespread historical perceptions by arguing that workers' compensation, rather than being an early progressive victory, succeeded because all relevant parties--labor and management, insurance companies, lawyers, and legislators--benefited from the ruling.
Author: Kaushik Basu
Publisher: Princeton University Press
Published: 2010-10-25
Total Pages: 292
ISBN-13: 1400836271
DOWNLOAD EBOOKWhy economics needs to focus on fairness and not just efficiency One of the central tenets of mainstream economics is Adam Smith's proposition that, given certain conditions, self-interested behavior by individuals leads them to the social good, almost as if orchestrated by an invisible hand. This deep insight has, over the past two centuries, been taken out of context, contorted, and used as the cornerstone of free-market orthodoxy. In Beyond the Invisible Hand, Kaushik Basu argues that mainstream economics and its conservative popularizers have misrepresented Smith's insight and hampered our understanding of how economies function, why some economies fail and some succeed, and what the nature and role of state intervention might be. Comparing this view of the invisible hand with the vision described by Kafka—in which individuals pursuing their atomistic interests, devoid of moral compunction, end up creating a world that is mean and miserable—Basu argues for collective action and the need to shift our focus from the efficient society to one that is also fair. Using analytic tools from mainstream economics, the book challenges some of the precepts and propositions of mainstream economics. It maintains that, by ignoring the role of culture and custom, traditional economics promotes the view that the current system is the only viable one, thereby serving the interests of those who do well by this system. Beyond the Invisible Hand challenges readers to fundamentally rethink the assumptions underlying modern economic thought and proves that a more equitable society is both possible and sustainable, and hence worth striving for. By scrutinizing Adam Smith's theory, this impassioned critique of contemporary mainstream economics debunks traditional beliefs regarding best economic practices, self-interest, and the social good.
Author: Price V. Fishback
Publisher: University of Chicago Press
Published: 2008-09-15
Total Pages: 634
ISBN-13: 0226251292
DOWNLOAD EBOOKThe American economy has provided a level of well-being that has consistently ranked at or near the top of the international ladder. A key source of this success has been widespread participation in political and economic processes. In The Government and the American Economy, leading economic historians chronicle the significance of America’s open-access society and the roles played by government in its unrivaled success story. America’s democratic experiment, the authors show, allowed individuals and interest groups to shape the structure and policies of government, which, in turn, have fostered economic success and innovation by emphasizing private property rights, the rule of law, and protections of individual freedom. In response to new demands for infrastructure, America’s federal structure hastened development by promoting the primacy of states, cities, and national governments. More recently, the economic reach of American government expanded dramatically as the populace accepted stronger limits on its economic freedoms in exchange for the increased security provided by regulation, an expanded welfare state, and a stronger national defense.
Author: Kaushik Basu
Publisher: Princeton University Press
Published: 2020-12-08
Total Pages: 259
ISBN-13: 0691210047
DOWNLOAD EBOOK"[This book] argues that the traditional economic analysis of the law has significant flaws and has failed to answer certain critical questions satisfactorily. Why are good laws drafted but never implemented? When laws are unenforced, is it a failure of the law or the enforcers? And, most important, considering that laws are simply words on paper, why are they effective? Basu offers a provocative alternative to how the relationship between economics and real-world law enforcement should be understood. Basu summarizes standard, neoclassical law and economics before looking at the weaknesses underlying the discipline. Bringing modern game theory to bear, he develops a 'focal point' approach, modeling not just the self-interested actions of the citizens who must follow laws but also the functionaries of the state: the politicians, judges, and bureaucrats enforcing them. He demonstrates the connections between social norms and the law and shows how well conceived ideas can change and benefit human behavior. For example, bribe givers and takers will collude when they are treated equally under the law. And in food support programs, vouchers should be given directly to the poor to prevent shop owners from selling subsidized rations on the open market. Basu provides a new paradigm for the ways that law and economics interact: a framework applicable to both less developed countries and the developed world"--Jacket.
Author: J.K. Gibson-Graham
Publisher: Edward Elgar Publishing
Published: 2020-02-28
Total Pages: 567
ISBN-13: 1788119967
DOWNLOAD EBOOKEconomic diversity abounds in a more-than-capitalist world, from worker-recuperated cooperatives and anti-mafia social enterprises to caring labour and the work of Earth Others, from fair trade and social procurement to community land trusts, free universities and Islamic finance. The Handbook of Diverse Economies presents research that inventories economic difference as a prelude to building ethical ways of living on our dangerously degraded planet. With contributing authors from twenty countries, it presents new thinking around subjectivity and methodology as strategies for making other worlds possible.
Author: Kevin Z. Sweeney
Publisher: University of Oklahoma Press
Published: 2016-11-14
Total Pages: 392
ISBN-13: 0806158476
DOWNLOAD EBOOKBefore the drought of the early twenty-first century, the dry benchmark in the American plains was the Dust Bowl of the 1930s. But in this eye-opening work, Kevin Z. Sweeney reveals that the Dust Bowl was only one cycle in a series of droughts on the U.S. southern plains. Reinterpreting our nation’s nineteenth-century history through paleoclimatological data and firsthand accounts of four dry periods in the 1800s, Prelude to the Dust Bowl demonstrates the dramatic and little-known role drought played in settlement, migration, and war on the plains. Stephen H. Long’s famed military expedition coincided with the drought of the 1820s, which prompted Long to label the southern plains a “Great American Desert”—a destination many Anglo-Americans thought ideal for removing Southeastern Indian tribes to in the 1830s. The second dry trend, from 1854 to 1865, drove bison herds northeastward, fomenting tribal warfare, and deprived Civil War armies in Indian Territory of vital commissary. In the late 1880s and mid-1890s, two more periods of drought triggered massive outmigration from the southern plains as well as appeals from farmers and congressmen for federal famine relief, pleas quickly denied by President Grover Cleveland. Sweeney’s interpretation of familiar events through the lens of drought lays the groundwork for understanding why the U.S. government’s reaction to the Dust Bowl of the 1930s was such a radical departure from previous federal responses. Prelude to the Dust Bowl provides new insights into pivotal moments in the settlement of the southern plains and stands as a timely reminder that drought, as part of a natural climatic cycle, will continue to figure in the unfolding history of this region.
Author: Thomas Prugh
Publisher: Island Press
Published: 1999-12-01
Total Pages: 0
ISBN-13: 9781559637442
DOWNLOAD EBOOKThe most difficult questions of sustainability are not about technology; they are about values. Answers to such questions cannot be found by asking the "experts," but can only be resolved in the political arena. In The Local Politics of Global Sustainability, author Thomas Prugh, with Robert Costanza and Herman Daly, two ofthe leading thinkers in the field of ecological economics, explore the kind of politics that can help enable us to achieve a sustainable world of our choice, rather than one imposed by external forces. The authors begin by considering the biophysical and economic dimensions of the environmental crisis, and tracing the crisis in political discourse and our public lives to its roots. They then offer an in-depth examination of the elements of a re-energized political system that could lead to the development of more sustainable communities. Based on a type of self-governance that political scientist Benjamin Barber calls "strong democracy," the politics is one of engagement rather than consignment, empowering citizens by directly involving them in community decisionmaking. After describing how it should work, the authors provide examples of communities that are experimenting with various features of strong democratic systems. The Local Politics of Global Sustainability explains in engaging, accessible prose the crucial biophysical, economic, and social issues involved with achieving sustainability. It offers a readable exploration of the political implications of ecological economics and will be an essential work for anyone involved in that field, as well as for students and scholars in environmental politics and policy, and anyone concerned with the theory and practical applications of the concept of sustainable development.
