Created Unequal

Created Unequal
Author: James K. Galbraith
Publisher: University of Chicago Press
Total Pages: 390
Release: 2000-12-15
Genre: Business & Economics
ISBN: 9780226278797

The strong U.S. economy in the late 1990s has validated the bold thesis of this book. Created Unequal shows that America's historically high inequality of pay and incomes is not the result of impersonal market forces such as technology or trade, but of bad economic policies over several decades and the poor performance they created. Featuring a new preface on the improvements since 1994, Created Unequal is a rousing book that reminds us we can reclaim our country through economic understanding, commonsense policy, and political action.

The Inner City

The Inner City
Author: Thomas D. Boston
Publisher: Routledge
Total Pages: 313
Release: 2017-07-12
Genre: Business & Economics
ISBN: 1351480871

Michael Porter has argued that a sustainable economic base can be created in the inner city only if it has been created elsewhere: through private, for-profit, initiatives and investment based on economic self-interest and genuine competitive advantage-not through artificial inducements, charity, or government. Porter's ideas have prompted endorsement as well as criticism. More importantly, they have inspired a search for new solutions to inner city distress as well as a reassessment of current approaches. The Inner City defines a core debate in the United States over the future of a racially divided urban America. It is of inestimable importance to policy analysts, government officials, African American studies scholars, urban studies specialists, sociologists, and all those concerned with inner city revitalization.

The Race between Education and Technology

The Race between Education and Technology
Author: Claudia Goldin
Publisher: Harvard University Press
Total Pages: 497
Release: 2009-07-01
Genre: Business & Economics
ISBN: 0674037731

This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations. By 1900 the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the nineteenth century. The book argues that technological change, education, and inequality have been involved in a kind of race. During the first eight decades of the twentieth century, the increase of educated workers was higher than the demand for them. This had the effect of boosting income for most people and lowering inequality. However, the reverse has been true since about 1980. This educational slowdown was accompanied by rising inequality. The authors discuss the complex reasons for this, and what might be done to ameliorate it.

The Blackwell Companion to Sociology

The Blackwell Companion to Sociology
Author: Judith R Blau
Publisher: John Wiley & Sons
Total Pages: 640
Release: 2008-04-15
Genre: Social Science
ISBN: 0470692731

The Blackwell Companion to Sociology is a milestone collection of new essays by renowned sociologists, covering both the traditions and strengths of the field as well as newer developments and directions. Authors from the US, the UK, Europe and elsewhere have contributed to this all-in-one reference work, highlighting the relevance of interdisciplinary and international perspectives, while at the same time representing the scope and quality of sociology in its current form.

Trade Policy and Global Growth

Trade Policy and Global Growth
Author: Robert A. Blecker
Publisher: Routledge
Total Pages: 390
Release: 2016-09-16
Genre: Business & Economics
ISBN: 1315482274

This collection of essays offers critical perspectives on current issues in the international economy. Divided into four parts, U.S. Trade Policy and Global Growth discusses managed trade and international interdependence, the effect of trade on domestic wages and employment, the costs and benefits of trade protection, and likely effects of NAFTA. The collection also addresses the U.S. trade deficit and presents a Keynesian proposal for international monetary reform. Part IV focuses on issues facing developing countries in the areas of trade, industrial, and financial policy. Rejecting the dogma that pure free-market policies should be accepted as articles of religious faith, in either international trade or domestic policy, the contributors search for trade and macro policies that can achieve balanced growth with high employment and an equitable distribution of income in both the United States and the rest of the world.

The Cognitive Basis of Institutions

The Cognitive Basis of Institutions
Author: Shinji Teraji
Publisher: Academic Press
Total Pages: 368
Release: 2018-02-16
Genre: Mathematics
ISBN: 0128120452

The Cognitive Basis of Institutions: A Synthesis of Behavioral and Institutional Economics synthesizes modern research in behavioral economics with traditional institutional economics. This work emphasizes that institution and agent are inextricably linked, and that both cognitive and institutional processes coalesce to influence human decision-making. It integrates cognition and institution through the behavioral economics theoretical lens of bounded rationality. Methodologically, it develops game-theoretical, complexity and neuroeconomic solutions to unite study of the two areas. The work concludes by proposing general implications for the economic study of decisions using the cognitive-institutional approach, also providing specific recommendations for public policy. - Reveals how institutional structures and individual actions interact and coevolve cognitively - Connects individual decision-making, decision-making processes and institutional formation - Unites our understanding of cooperative 'prosocial' behavior with the institutional dynamics that may create it - Discusses the implications of the behavioral-institutional paradigm for paternalism and libertarianism in public policy