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Wealth, Poverty and Politics

Wealth, Poverty and Politics
  • Author : Thomas Sowell
  • Publisher :Unknown
  • Release Date :2016-09-06
  • Total pages :576
  • ISBN : 9780465096770
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Summary : In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in this country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth. We cannot properly understand inequality if we focus exclusively on the distribution of wealth and ignore wealth production factors such as geography, demography, and culture. Sowell contends that liberals have a particular interest in misreading the data and chastises them for using income inequality as an argument for the welfare state. Refuting Thomas Piketty, Paul Krugman, and others on the left, Sowell draws on accurate empirical data to show that the inequality is not nearly as extreme or sensational as we have been led to believe. Transcending partisanship through a careful examination of data, Wealth, Poverty, and Politics reveals the truth about the most explosive political issue of our time.

Oil Wealth and the Poverty of Politics

Oil Wealth and the Poverty of Politics
  • Author : Miriam R. Lowi
  • Publisher :Unknown
  • Release Date :2009-11-12
  • Total pages :228
  • ISBN : 9780521113182
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Summary : How can we make sense of Algeria's post-colonial experience - the tragedy of unfulfilled expectations, the descent into violence, the resurgence of the state? Oil Wealth and the Poverty of Politics explains why Algeria's domestic political economy unravelled from the mid-1980s, and how the regime eventually managed to regain power and hegemony. Miriam Lowi argues the importance of leadership decisions for political outcomes, and extends the argument to explain the variation in stability in oil-exporting states following economic shocks. Comparing Algeria with Iran, Iraq, Indonesia and Saudi Arabia, she asks why some states break down and undergo regime change, while others remain stable, or manage to re-stabilise after a period of instability. In contrast with exclusively structuralist accounts of the rentier state, this book demonstrates, in a unique and accessible study, that political stability is a function of the way in which structure and agency combine.

Savage Economics

Savage Economics
  • Author : David L. Blaney,Naeem Inayatullah
  • Publisher :Unknown
  • Release Date :2010-01-04
  • Total pages :248
  • ISBN : 9781135265045
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Summary : This innovative book challenges the most powerful and pervasive ideas concerning political economy, international relations, and ethics in the modern world. Rereading classical authors including Adam Smith, James Steuart, Adam Ferguson, Hegel, and Marx, it provides a systematic and fundamental cultural critique of political economy and critically describes the nature of the mainstream understanding of economics.

Behind the Development Banks

Behind the Development Banks
  • Author : Sarah Babb
  • Publisher :Unknown
  • Release Date :2009-08-01
  • Total pages :336
  • ISBN : 9780226033679
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Summary : The World Bank and other multilateral development banks (MDBs) carry out their mission to alleviate poverty and promote economic growth based on the advice of professional economists. But as Sarah Babb argues in Behind the Development Banks, these organizations have also been indelibly shaped by Washington politics—particularly by the legislative branch and its power of the purse. Tracing American influence on MDBs over three decades, this volume assesses increased congressional activism and the perpetual “selling” of banks to Congress by the executive branch. Babb contends that congressional reluctance to fund the MDBs has enhanced the influence of the United States on them by making credible America’s threat to abandon the banks if its policy preferences are not followed. At a time when the United States’ role in world affairs is being closely scrutinized, Behind the Development Banks will be necessary reading for anyone interested in how American politics helps determine the fate of developing countries.

Poverty as Ideology

Poverty as Ideology
  • Author : Andrew Martin Fischer
  • Publisher :Unknown
  • Release Date :2018-12-15
  • Total pages :336
  • ISBN : 9781786990471
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Summary : Winner of the International Studies in Poverty Prize awarded by the Comparative Research Programme on Poverty (CROP) and Zed Books Poverty has become the central focus of global development efforts, with a vast body of research and funding dedicated to its alleviation. And yet, the field of poverty studies remains deeply ideological and has been used to justify wealth and power within the prevailing world order. Andrew Martin Fischer clarifies this deeply political character, from conceptions and measures of poverty through to their application as policies. Poverty as Ideology shows how our dominant approaches to poverty studies have, in fact, served to reinforce the prevailing neoliberal ideology while neglecting the wider interests of social justice that are fundamental to creating more equitable societies. Instead, our development policies have created a ‘poverty industry’ that obscures the dynamic reproductions of poverty within contemporary capitalist development and promotes segregation in the name of science and charity. Fischer argues that an effective and lasting solution to global poverty requires us to reorient our efforts away from current fixations on productivity and towards more equitable distributions of wealth and resources. This provocative work offers a radical new approach to understanding poverty based on a comprehensive and accessible critique of key concepts and research methods. It upends much of the received wisdom to provide an invaluable resource for students, teachers and researchers across the social sciences.

Wealth, Poverty, and Human Destiny

Wealth, Poverty, and Human Destiny
  • Author : Doug Bandow,David Schindler
  • Publisher :Unknown
  • Release Date :2014-05-06
  • Total pages :350
  • ISBN : 9781497646803
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Summary : The rapid spread of the liberal market order across the globe poses a host of new and complex questions for religious believers—indeed, for anyone concerned with the intersection of ethics and economics. Is the market economy, particularly as it affects the poor, fundamentally compatible with Christian moral and social teaching? Or is it in substantial tension with that tradition? In Wealth, Poverty, and Human Destiny, editors Doug Bandow and David L. Schindler bring together some of today’s leading economists, theologians, and social critics to consider whether the triumph of capitalism is a cause for celebration or concern. Michael Novak, Richard John Neuhaus, Max Stackhouse, and other defenders of democratic capitalism marshal a number of arguments in an attempt to show that, among other things, capitalism is more Christian in its foundation and consequences than is conceded by its critics—that, as Stackhouse and Lawrence Stratton write, “the roots of the modern corporation lie in the religious institutions of the West,” and that, as Novak contends, “globalization is the natural ecology” of Christianity. The critics of liberal economics argue, on the other hand, that it is historically and theologically shortsighted to consider the global capitalist order and the liberalism that sustains it as the only available option. Any system which has as its implicit logic that “stable and preserving relationships among people, places, and things do not matter and are of no worth,” in the words of Wendell Berry, should be regarded with grave suspicion by religious believers and all men and women of goodwill. Bandow and Schindler take up these arguments and many others in their responses, which carefully consider the claims of the essayists and thus pave the way for a renewed dialogue on the moral status of capitalism, a dialogue only now re-emerging from under the Cold War rubble. The contributors’ fresh, insightful examinations of the intersection between religion and economics should provoke a healthy debate about the intertwined issues of the market, globalization, human freedom, the family, technology, and democracy.

Why Nations Fail

Why Nations Fail
  • Author : Daron Acemoğlu,James A. Robinson
  • Publisher :Unknown
  • Release Date :2012
  • Total pages :529
  • ISBN : 9780307719218
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Summary : An award-winning professor of economics at MIT and a Harvard University political scientist and economist evaluate the reasons that some nations are poor while others succeed, outlining provocative perspectives that support theories about the importance of institutions.

The Wealth and Poverty of Cities

The Wealth and Poverty of Cities
  • Author : Mario Polèse
  • Publisher :Unknown
  • Release Date :2019-09-02
  • Total pages :229
  • ISBN : 9780190053734
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Summary : That some cities are vibrant while others are in decline is starkly apparent. In The Wealth and Poverty of Cities, Mario Polèse argues that focusing on city attributes is too narrow. Cities do not control the basic conditions that determine their success or failure as sources of economic growth and well-being. Nations matter because successful metropolitan economies do not spring forth spontaneously. The values, norms, and institutions that shape social relationships are national attributes. The preconditions for the creation of wealth-the rule of law, public education, and sound macroeconomic management among the most fundamental-are the responsibility of the state. By considering national fiscal and monetary policies and state policies governing the organization of cities, this book disentangles two processes: the mechanics of creating wealth and the mechanics of agglomeration or capturing wealth. Polèse explains the two-stage process in which the proper conditions must first be in place for the benefits of agglomeration to fully flower. Polèse interweaves evocative descriptions of various cities, contrasting cities that have been helped or hurt by local and national policies wise or ill-advised. From New York to Vienna, Buenos Aires to Port au Prince, the cities come to life. Throughout the book Polèse highlights four factors that help explain strengths and weaknesses of cities as foci of economic opportunity and social cohesion: institutions, people, centrality, and chance. The result is a nuanced and accessible introduction to the economy of cities and an original perspective on what needs to improve. Cities that have managed to produce livable urban environments for the majority of their citizens mirror the societies that spawned them. Similarly, cities that have failed are almost always signs of more deep-rooted failures. If the nation does not work, neither will its cities.

The Economics of Poverty, Inequality and Wealth Accumulation in Mexico

The Economics of Poverty, Inequality and Wealth Accumulation in Mexico
  • Author : M. Székely
  • Publisher :Unknown
  • Release Date :1998-09-21
  • Total pages :282
  • ISBN : 9780230372610
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Summary : The aim of this book is to understand why despite a considerable increase in average income in Mexico during the 1984-1992 period of economic liberalization, the conditions of the poorest of the poor deteriorated and income inequality increased. To explain why some individuals were able to take advantage of the opportunities which the economy was generating, while others were prevented from doing so, the author suggests some methodology to extract additional information from poverty and inequality measures, and test the main theories of household saving behaviour.

The Quest for Cosmic Justice

The Quest for Cosmic Justice
  • Author : Thomas Sowell
  • Publisher :Unknown
  • Release Date :2001-06-30
  • Total pages :224
  • ISBN : 9780743215077
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Summary : This book is about the great moral issues underlying many of the headline-making political controversies of our times. It is not a comforting book but a book about disturbing and dangerous trends. The Quest for Cosmic Justice shows how confused conceptions of justice end up promoting injustice, how confused conceptions of equality end up promoting inequality, and how the tyranny of social visions prevents many people from confronting the actual consequences of their own beliefs and policies. Those consequences include the steady and dangerous erosion of fundamental principles of freedom -- amounting to a quiet repeal of the American revolution. The Quest for Cosmic Justice is the summation of a lifetime of study and thought about where we as a society are headed -- and why we need to change course before we do irretrievable damage.

Seeking the City

Seeking the City
  • Author : Chad Brand,Tom Pratt
  • Publisher :Unknown
  • Release Date :2013
  • Total pages :905
  • ISBN : 0825443040
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Summary :

Black Rednecks and White Liberals

Black Rednecks and White Liberals
  • Author : Thomas Sowell
  • Publisher :Unknown
  • Release Date :2010-09-17
  • Total pages :580
  • ISBN : 9781459602212
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Summary : This explosive new book challenges many of the long-prevailing assumptions about blacks, about Jews, about Germans, about slavery, and about education. Plainly written, powerfully reasoned, and backed with a startling array of documented facts, Black Rednecks and White Liberals takes on not only the trendy intellectuals of our times but also such historic interpreters of American life as Alexis de Tocqueville and Frederick Law Olmsted. In a series of long essays, this book presents an in-depth look at key beliefs behind many mistaken and dangerous actions, policies, and trends. It presents eye-opening insights into the historical development of the ghetto culture that is today wrongly seen as a unique black identity - a culture cheered on toward self-destruction by white liberals who consider themselves ''friends'' of blacks. An essay titled ''the Real History of Slavery'' presents a jolting re-examination of that tragic institution and the narrow and distorted way it is too often seen today. The reasons for the venomous hatred of Jews, and of other groups like them in countries around the world, are explored in an essay that asks, ''Are Jews Generic?'' Misconceptions of German history in general, and of the Nazi era in particular, are also re-examined. So too are the inspiring achievements and painful tragedies of black education in the United States. Black Rednecks and White Liberals is the capstone of decades of outstanding research and writing on racial and cultural issues by Thomas Sowell.

The Politics of Poverty

The Politics of Poverty
  • Author : Felicitas Becker
  • Publisher :Unknown
  • Release Date :2019-06-20
  • Total pages :378
  • ISBN : 9781108496933
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Summary : An examination of poverty dynamics and developmental failure, shifting emphasis from development as control to development as coping strategy.

The Vision of the Anointed

The Vision of the Anointed
  • Author : Thomas Sowell
  • Publisher :Unknown
  • Release Date :2019-07-23
  • Total pages :320
  • ISBN : 9781541646261
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Summary : DIVSowell presents a devastating critique of the mind-set behind the failed social policies of the past thirty years. Sowell sees what has happened during that time not as a series of isolated mistakes but as a logical consequence of a tainted vision whose defects have led to crises in education, crime, and family dynamics, and to other social pathologies. In this book, he describes how elites—the anointed—have replaced facts and rational thinking with rhetorical assertions, thereby altering the course of our social policy./Div

The Political Economy of Microfinance

The Political Economy of Microfinance
  • Author : Philip Mader
  • Publisher :Unknown
  • Release Date :2016-01-12
  • Total pages :284
  • ISBN : 9781137364210
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Summary : According to the author, rather than alleviating poverty, microfinance financialises poverty. By indebting poor people in the Global South, it drives financial expansion and opens new lands of opportunity for the crisis-ridden global capital markets. This book raises fundamental concerns about this widely-celebrated tool for social development.

Poverty From The Wealth of Nations

Poverty From The Wealth of Nations
  • Author : M. Alam
  • Publisher :Unknown
  • Release Date :2016-02-05
  • Total pages :215
  • ISBN : 9780333985649
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Summary : In Poverty from the Wealth of Nations , the author presents an analysis of the evolution of global disparities that goes beyond the earlier neo-Marxist critiques of global capitalism. He moves beyond their narrative by inserting two additional asymmetries into the global economy - those created by 'unequal races' and unequal states. The author analyzes not only the power of markets, but the powers that shaped these markets. More importantly, he marshals cross-country evidence to show that loss of sovereignty retarded industrialization, human capital formation and economic growth.

Wealth And Poverty Of Nations

Wealth And Poverty Of Nations
  • Author : David S. Landes
  • Publisher :Unknown
  • Release Date :2015-04-20
  • Total pages :672
  • ISBN : 9780349141442
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Summary : The history of nations is a history of haves and have-nots, and as we approach the millennium, the gap between rich and poor countries is widening. In this engrossing and important new work, eminent historian David Landes explores the complex, fascinating and often startling causes of the wealth and poverty of nations. The answers are found not only in the large forces at work in economies: geography, religion, the broad swings of politics, but also in the small surprising details. In Europe, the invention of spectacles doubled the working life of skilled craftsmen, and played a prominent role in the creation of articulated machines, and in China, the failure to adopt the clock fundamentally hindered economic development. The relief of poverty is vital to the survival of us all. As David Landes brilliantly shows, the key to future success lies in understanding the lessons the past has to teach us - lessons uniquely imparted in this groundbreaking and vital book which exemplifies narrative history at its best.

Advice and Dissent

Advice and Dissent
  • Author : Alan S. Blinder
  • Publisher :Unknown
  • Release Date :2018-03-27
  • Total pages :368
  • ISBN : 9780465094189
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Summary : A bestselling economist tells us what both politicians and economists must learn to fix America's failing economic policies American economic policy ranks as something between bad and disgraceful. As leading economist Alan S. Blinder argues, a crucial cultural divide separates economic and political civilizations. Economists and politicians often talk--and act--at cross purposes: politicians typically seek economists' "advice" only to support preconceived notions, not to learn what economists actually know or believe. Politicians naturally worry about keeping constituents happy and winning elections. Some are devoted to an ideology. Economists sometimes overlook the real human costs of what may seem to be the obviously best policy--to a calculating machine. In Advice and Dissent, Blinder shows how both sides can shrink the yawning gap between good politics and good economics and encourage the hardheaded but softhearted policies our country so desperately needs.

The Wealth and Poverty of Regions

The Wealth and Poverty of Regions
  • Author : Mario Polèse
  • Publisher :Unknown
  • Release Date :2010-01-15
  • Total pages :288
  • ISBN : 0226673170
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Summary : As the world becomes more interconnected through travel and electronic communication, many believe that physical places will become less important. But as Mario Polèse argues in The Wealth and Poverty of Regions, geography will matter more than ever before in a world where distance is allegedly dead. This provocative book surveys the globe, from London and Cape Town to New York and Beijing, contending that regions rise—or fall—due to their location, not only within nations but also on the world map. Polèse reveals how concentrations of industries and populations in specific locales often result in minor advantages that accumulate over time, resulting in reduced prices, improved transportation networks, increased diversity, and not least of all, “buzz”—the excitement and vitality that attracts ambitious people. The Wealth and Poverty of Regions maps out how a heady mix of size, infrastructure, proximity, and cost will determine which urban centers become the thriving metropolises of the future, and which become the deserted cities of the past. Engagingly written, the book provides insight to the past, present, and future of regions.

Economic Facts and Fallacies

Economic Facts and Fallacies
  • Author : Thomas Sowell
  • Publisher :Unknown
  • Release Date :2011-03-22
  • Total pages :304
  • ISBN : 9780465026302
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Summary : Economic Facts and Fallacies exposes some of the most popular fallacies about economic issues-and does so in a lively manner and without requiring any prior knowledge of economics by the reader. These include many beliefs widely disseminated in the media and by politicians, such as mistaken ideas about urban problems, income differences, male-female economic differences, as well as economics fallacies about academia, about race, and about Third World countries. One of the themes of Economic Facts and Fallacies is that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power-and makes careful examination of their flaws both necessary and important, as well as sometimes humorous. Written in the easy-to-follow style of the author's Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.

Poverty and Power

Poverty and Power
  • Author : Edward Royce
  • Publisher :Unknown
  • Release Date :2018-06-07
  • Total pages :378
  • ISBN : 9781538110461
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Summary : Poverty and Power argues that American poverty is not due to individual failings but rather to broader structural forces. The third edition features new material on the current political climate, the shortage of quality job opportunities, the implications of the Trump presidency, and more.