Off the Books

Off the Books
Author: Sudhir Alladi Venkatesh
Publisher: Harvard University Press
Total Pages: 460
Release: 2009-06-30
Genre: Social Science
ISBN: 9780674044647

In this revelatory book, Sudhir Venkatesh takes us into Maquis Park, a poor black neighborhood on Chicago's Southside, to explore the desperate and remarkable ways in which a community survives. The result is a dramatic narrative of individuals at work, and a rich portrait of a community. But while excavating the efforts of men and women to generate a basic livelihood for themselves and their families, Off the Books offers a devastating critique of the entrenched poverty that we so often ignore in America, and reveals how the underground economy is an inevitable response to the ghetto's appalling isolation from the rest of the country.

The Good, the Bad, and the Economy

The Good, the Bad, and the Economy
Author: Louis G. Putterman
Publisher: Hillcrest Publishing Group
Total Pages: 319
Release: 2012
Genre: Business & Economics
ISBN: 193829601X

Despite the past century's extraordinary advances in technology and scientific knowledge, today's world is still racked by economic insecurity, vast gulfs between rich and poor, violent conflicts, and daunting environmental problems. What's stopping us from building a world in which there's less inequality and more nurturing of the individual's potential to lead a satisfying life? Does the central role of self-interest in human nature necessitate economic arrangements that condemn us to living on a treadmill of consumerism and insecurity? Will the gap between rich and poor countries ever be bridged? These are the key questions that Brown University economist Louis Putterman's "The Good, the Bad, and the Economy" addresses in surprising new ways.

Poor Economics

Poor Economics
Author: Abhijit V. Banerjee
Publisher: PublicAffairs
Total Pages: 321
Release: 2012-03-27
Genre: Business & Economics
ISBN: 1610391608

The winners of the Nobel Prize in Economics upend the most common assumptions about how economics works in this gripping and disruptive portrait of how poor people actually live. Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In Poor Economics, Abhijit V. Banerjee and Esther Duflo, two award-winning MIT professors, answer these questions based on years of field research from around the world. Called "marvelous, rewarding" by the Wall Street Journal, the book offers a radical rethinking of the economics of poverty and an intimate view of life on 99 cents a day. Poor Economics shows that creating a world without poverty begins with understanding the daily decisions facing the poor.

Failure by Design

Failure by Design
Author: Josh Bivens
Publisher: Cornell University Press
Total Pages: 121
Release: 2011-02-15
Genre: Business & Economics
ISBN: 0801461138

In Failure by Design, the Economic Policy Institute’s Josh Bivens takes a step back from the acclaimed State of Working America series, building on its wealth of data to relate a compelling narrative of the U.S. economy’s struggle to emerge from the Great Recession of 2008. Bivens explains the causes and impact on working Americans of the most catastrophic economic policy failure since the 1920s. As outlined clearly here, economic growth since the late 1970s has been slow and inequitably distributed, largely as a result of poor policy choices. These choices only got worse in the 2000s, leading to an anemic economic expansion. What growth we did see in the economy was fueled by staggering increases in private-sector debt and a housing bubble that artificially inflated wealth by trillions of dollars. As had been predicted, the bursting of the housing bubble had disastrous consequences for the broader economy, spurring a financial crisis and a rise in joblessness that dwarfed those resulting from any recession since the Great Depression. The fallout from the Great Recession makes it near certain that there will be yet another lost decade of income growth for typical families, whose incomes had not been boosted by the previous decade’s sluggish and localized economic expansion. In its broad narrative of how the economy has failed to deliver for most Americans over much of the past three decades, Failure by Design also offers compelling graphic evidence on jobs, incomes, wages, and other measures of economic well-being most relevant to low- and middle-income workers. Josh Bivens tracks these trends carefully, giving a lesson in economic history that is readable yet rigorous in its analysis. Intended as both a stand-alone volume and a companion to the new State of Working America website that presents all of the data underlying this cogent analysis, Failure by Design will become required reading as a road map to the economic problems that confront working Americans.

The Inclusive Economy

The Inclusive Economy
Author: Michael D. Tanner
Publisher: Cato Institute
Total Pages: 324
Release: 2018-12-04
Genre: Social Science
ISBN: 1948647028

The Inclusive Economy: How to Bring Wealth to America’s Poor energetically challenges the conventional wisdom of both the right and the left that underlies much of the contemporary debate over poverty and welfare policy. Author and national public policy expert Michael Tanner takes to task conservative critiques of a “culture of poverty” for their failure to account for the structural circumstances in which the poor live. In addition, he criticizes liberal calls for fighting poverty primarily through greater redistribution of wealth and new government programs. Rather than engaging in yet another debate over which government programs should be increased or decreased by billions of dollars, Tanner calls for an end to policies that have continued to push people into poverty. Combining social justice with limited government, his plan includes reforming the criminal justice system and curtailing the War on Drugs, bringing down the cost of housing, reforming education to give more control and choice to parents, and making it easier to bank, save, borrow, and invest. The comprehensive evidence provided in The Inclusive Economy is overwhelming: economic growth lifts more people out of poverty than any achievable amount of redistribution does. As Tanner notes, “we need a new debate, one that moves beyond our current approach to fighting poverty to focus on what works rather than on noble sentiments or good intentions.” The Inclusive Economy is a major step forward in that debate.

Economism

Economism
Author: James Kwak
Publisher: Vintage
Total Pages: 258
Release: 2017-01-10
Genre: Business & Economics
ISBN: 1101871202

Here is a bracing deconstruction of the framework for understanding the world that is learned as gospel in Economics 101, regardless of its imaginary assumptions and misleading half-truths. Economism: an ideology that distorts the valid principles and tools of introductory college economics, propagated by self-styled experts, zealous lobbyists, clueless politicians, and ignorant pundits. In order to illuminate the fallacies of economism, James Kwak first offers a primer on supply and demand, market equilibrium, and social welfare: the underpinnings of most popular economic arguments. Then he provides a historical account of how economism became a prevalent mode of thought in the United States—focusing on the people who packaged Econ 101 into sound bites that were then repeated until they took on the aura of truth. He shows us how issues of moment in contemporary American society—labor markets, taxes, finance, health care, and international trade, among others—are shaped by economism, demonstrating in each case with clarity and élan how, because of its failure to reflect the complexities of our world, economism has had a deleterious influence on policies that affect hundreds of millions of Americans.

Bad Year Economics

Bad Year Economics
Author: Paul Halstead
Publisher: Cambridge University Press
Total Pages: 160
Release: 1989-09-29
Genre: Business & Economics
ISBN: 0521330211

Explores the role of risk and uncertainty in human economics within an interdisciplinary an cross-cultural framework.

Failure to Adjust

Failure to Adjust
Author: Edward Alden
Publisher: Rowman & Littlefield
Total Pages: 269
Release: 2017-09-15
Genre: Political Science
ISBN: 1538109093

*Updated edition with a new foreword on the Trump administration's trade policy* The vast benefits promised by the supporters of globalization, and by their own government, have never materialized for many Americans. In Failure to Adjust Edward Alden provides a compelling history of the last four decades of US economic and trade policies that have left too many Americans unable to adapt to or compete in the current global marketplace. He tells the story of what went wrong and how to correct the course. Originally published on the eve of the 2016 presidential election, Alden’s book captured the zeitgeist that would propel Donald J. Trump to the presidency. In a new introduction to the paperback edition, Alden addresses the economic challenges now facing the Trump administration, and warns that economic disruption will continue to be among the most pressing issues facing the United States. If the failure to adjust continues, Alden predicts, the political disruptions of the future will be larger still.

Good Intentions, Bad Outcomes

Good Intentions, Bad Outcomes
Author: Santiago Levy
Publisher:
Total Pages: 380
Release: 2008
Genre: Business & Economics
ISBN:

"Argues that incoherent social programs significantly contribute to poverty and little growth. Proposes converting the existing social security system into universal social entitlements. Advocates eliminating wage-based social security contributions and raising consumption taxes on higher-income households to increase the rate of GDP growth, reduce inequality, and improve benefits for workers"--Provided by publisher.