Understanding the Process of Economic Change

Understanding the Process of Economic Change

Author: Douglass C. North

Publisher: Princeton University Press

Published: 2010-05-09

Total Pages: 200

ISBN-13: 0691145954

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In this landmark work, a Nobel Prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the kind and quality of institutions that support markets. As he showed in two now classic books that inspired the New Institutional Economics (today a subfield of economics), property rights and transaction costs are fundamental determinants. Here, North explains how different societies arrive at the institutional infrastructure that greatly determines their economic trajectories. North argues that economic change depends largely on "adaptive efficiency," a society's effectiveness in creating institutions that are productive, stable, fair, and broadly accepted--and, importantly, flexible enough to be changed or replaced in response to political and economic feedback. While adhering to his earlier definition of institutions as the formal and informal rules that constrain human economic behavior, he extends his analysis to explore the deeper determinants of how these rules evolve and how economies change. Drawing on recent work by psychologists, he identifies intentionality as the crucial variable and proceeds to demonstrate how intentionality emerges as the product of social learning and how it then shapes the economy's institutional foundations and thus its capacity to adapt to changing circumstances. Understanding the Process of Economic Change accounts not only for past institutional change but also for the diverse performance of present-day economies. This major work is therefore also an essential guide to improving the performance of developing countries.


Understanding Globalization

Understanding Globalization

Author: Robert K. Schaeffer

Publisher: Rowman & Littlefield

Published: 2005

Total Pages: 356

ISBN-13: 9780742541665

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This best-selling book examines the political, economic, and environmental changes that affect people's lives in the United States and around the world. It uses a narrative approach to explain the origins of debt crisis, democratization, global warming and explains how these global developments affect people across the globe. Globalization does not have uniform consequences, the author argues, but instead has different meanings for people in diverse social and economic settings. This new edition features an explanation for the rise of China as a global economic power and a special section on the origins of 911, examining developments in the Middle East, from India to Israel, since 1947-48. It concludes with an analysis of the 'collateral damage' associated with the attacks of September 11, 2001: invasions of Afghanistan and Iraq, the war on terror, and economic recession.


U.S. Health in International Perspective

U.S. Health in International Perspective

Author: National Research Council

Publisher: National Academies Press

Published: 2013-04-12

Total Pages: 421

ISBN-13: 0309264146

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The United States is among the wealthiest nations in the world, but it is far from the healthiest. Although life expectancy and survival rates in the United States have improved dramatically over the past century, Americans live shorter lives and experience more injuries and illnesses than people in other high-income countries. The U.S. health disadvantage cannot be attributed solely to the adverse health status of racial or ethnic minorities or poor people: even highly advantaged Americans are in worse health than their counterparts in other, "peer" countries. In light of the new and growing evidence about the U.S. health disadvantage, the National Institutes of Health asked the National Research Council (NRC) and the Institute of Medicine (IOM) to convene a panel of experts to study the issue. The Panel on Understanding Cross-National Health Differences Among High-Income Countries examined whether the U.S. health disadvantage exists across the life span, considered potential explanations, and assessed the larger implications of the findings. U.S. Health in International Perspective presents detailed evidence on the issue, explores the possible explanations for the shorter and less healthy lives of Americans than those of people in comparable countries, and recommends actions by both government and nongovernment agencies and organizations to address the U.S. health disadvantage.


Social Stratification in the United States

Social Stratification in the United States

Author: Stephen J. Rose

Publisher: The New Press

Published: 2022-10-04

Total Pages: 59

ISBN-13: 1620977648

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The must-have new edition of the classic book-and-poster set, based on the most recent census data, depicting who owns what, who makes how much, who works where, and who lives with whom Generations of teachers, union organizers, and activists have relied on this book-and-poster set, originally published in 1979, to illustrate the magnitude of America’s growing economic divide. Today, income inequality is at an all-time high, and this completely updated eighth edition, drawn from the 2020 Current Population Survey of the U.S. Census, brings together fresh primary data to provide a clear picture of the U.S. social structure and the considerable demographic and economic changes of the past four decades. Folded inside the companion booklet, the removable poster depicts color-coded figures that make it possible to compare social groups at a glance and to understand how income distribution relates to race, sex, education, and occupation. With charts and careful explanations, the booklet contextualizes and expands on the poster. Rose’s graphic depiction of the census data makes clear at a glance complex concepts, including the way recent economic growth has been skewed toward the wealthiest households, that a gender gap persists in the workplace, and that, on average, African Americans and Latinos still earn far less than other Americans. This new edition of a uniquely visual depiction of American society will be an essential resource and a touchstone for the current debates over education, inequality, poverty, and jobs in our country.


Communities in Action

Communities in Action

Author: National Academies of Sciences, Engineering, and Medicine

Publisher: National Academies Press

Published: 2017-04-27

Total Pages: 583

ISBN-13: 0309452961

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In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.


Class and Schools

Class and Schools

Author: Richard Rothstein

Publisher: Teachers College Press

Published: 2004

Total Pages: 210

ISBN-13: 9780807745564

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Contemporary public policy assumes that the achievement gap between black and white students could be closed if only schools would do a better job. According to Richard Rothstein, "Closing the gaps between lower-class and middle-class children requires social and economic reform as well as school improvement. Unfortunately, the trend is to shift most of the burden to schools, as if they alone can eradicate poverty and inequality." In this book, Rothstein points the way toward social and economic reforms that would give all children a more equal chance to succeed in school. This book features: a summary of numerous studies linking school achievement to health care quality, nutrition, childrearing styles, housing stability, parental economic security, and more ; aA look at erroneous and misleading data that underlie commonplace claims that some schools "beat the demographic odds and therefore any school can close the achievement gap if only it adopted proper practices." ; and an analysis of how the over-emphasis of standardized tests in federal law obscures the true achievement gap and makes narrowing it more difficult.


What We Owe Each Other

What We Owe Each Other

Author: Minouche Shafik

Publisher: Princeton University Press

Published: 2022-08-23

Total Pages: 256

ISBN-13: 069120764X

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From one of the leading policy experts of our time, an urgent rethinking of how we can better support each other to thrive Whether we realize it or not, all of us participate in the social contract every day through mutual obligations among our family, community, place of work, and fellow citizens. Caring for others, paying taxes, and benefiting from public services define the social contract that supports and binds us together as a society. Today, however, our social contract has been broken by changing gender roles, technology, new models of work, aging, and the perils of climate change. Minouche Shafik takes us through stages of life we all experience—raising children, getting educated, falling ill, working, growing old—and shows how a reordering of our societies is possible. Drawing on evidence and examples from around the world, she shows how every country can provide citizens with the basics to have a decent life and be able to contribute to society. But we owe each other more than this. A more generous and inclusive society would also share more risks collectively and ask everyone to contribute for as long as they can so that everyone can fulfill their potential. What We Owe Each Other identifies the key elements of a better social contract that recognizes our interdependencies, supports and invests more in each other, and expects more of individuals in return. Powerful, hopeful, and thought-provoking, What We Owe Each Other provides practical solutions to current challenges and demonstrates how we can build a better society—together.


Understanding Globalization

Understanding Globalization

Author: Robert K. Schaeffer

Publisher: Rowman & Littlefield

Published: 2003

Total Pages: 396

ISBN-13: 9780742519978

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This best-selling text vividly shows how political and economic changes affect people's lives in different settings around the world. Globalization, the author argues, is not completely new. Instead, the current wave of globalization builds on international institutions created just after World War II and was given new impetus by policies introduced in the 1970s and 80s. The new edition has five new chapters as well as updates and changes throughout. Visit our website for sample chapters!


Sustaining Civil Society

Sustaining Civil Society

Author: Philip Oxhorn

Publisher: Penn State Press

Published: 2011

Total Pages: 296

ISBN-13: 0271048948

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"Devoting particular emphasis to Bolivia, Chile, and Mexico, proposes a theory of civil society to explain the economic and political challenges for continuing democratization in Latin America"--Provided by publisher.