The Myth of America's Decline: Politics, Economics, and a Half Century of False Prophecies

The Myth of America's Decline: Politics, Economics, and a Half Century of False Prophecies
Author: Josef Joffe
Publisher: W. W. Norton & Company
Total Pages: 352
Release: 2014
Genre: Business & Economics
ISBN: 0871404494

"While it may be catnip for the media to play up America as a has-been, Josef Joffe, a ... German commentator and Stanford University academic, [proposes] that Declinism is not a cold-eyed diagnosis but a device in the style of the ancient prophets ... Gloom is a prophecy that must be believed so that it will turn out wrong. Joffe [posits that] 'economic miracles' that propelled the rising tide of challengers flounder against their own limits. Hardly confined to Europe alone, Declinism has also been an especially nifty career builder for American politicians, among them Kennedy, Nixon, and Reagan, who all rode into the White House by hawking 'the end is near'"--Dust jacket flap.

The Last Half-Century

The Last Half-Century
Author: Morris Janowitz
Publisher: University of Chicago Press
Total Pages: 612
Release: 1978
Genre: History
ISBN: 9780226393063

Janowitz examines the societal changes that have weakened the electoral system and contributed to the further decline of social control, and encourages the development of new forms of citizen participation.

An Economic History of Ghana

An Economic History of Ghana
Author: Ivor Agyeman-Duah
Publisher: Ayebia Clarke Publishing
Total Pages: 312
Release: 2008
Genre: Business & Economics
ISBN:

"This is one of the best books reflecting on Ghana's half-a-century of often tumultuous transformation. Ivor Agyeman-Duah has gathered together a group of scholars, educators and government, business and civil society leaders to debate the trajectory of Ghana's economic history. Their views centre on three fundamental themes: structures and institutions in a postcolonial economy, the role of public policy, stimulus and innovation." "A timely volume as Ghana celebrated its 50th Anniversary of Independence in 2007 under President Kufuor's 2-terms of eight-years of relatively peaceful democratic rule. Contributors include: Jeffrey D. Sachs, Anthony Akoto-Osei., Richard Anane, Joyce Aryee, Ellen Bortei-Doku Aryeetey, Ernest Aryeetey, Moses Asaga, Ken Ofori-Atta, Gareth Austin, Annan Arkyin Cato, Mary Chinery-Hesse, T. Oteng-Gyasi, E. Gyimah-Boadi, Dirk-Jan Omtzigt, D.K. Osei, Isaac Osei, Nii Moi Thompson and Charles Wereko-Brobbey, et al." "This is unquestionably one of the best contemporary economic history books about Ghana drawing on the expertise and knowledge of Ghanaians as well as international experts and leading lights to reflect on 50 years of Ghana's economic challenges and achievements." "Contributors include leading economists such as Jeffrey D. Sachs, Earth Institute, Columbia University and Advisor to the UN Secretary General; eminent Ghanaian scholars such as Professor Ernest Aryeetey of the Institute of Statistical, Social and Economic Research, University of Ghana; and Mary Chinery-Hesse, Chief Advisor to the President of Ghana. The contributors focus on three aspects: Structures and Institutions in a Postcolonial Economy: A Vampire Economy with a Silver Lining and Crossing the Jordon: Stimulation and Innovation with a Foreword by Nobel Laureate Wole Soyinka." "This volume will be a valuable tool for studies on African Economic History with specific emphasis on Ghana but could also double as a yardstick for comparing the economic histories of other well performing African economies such as Botswana, Mauritius, Cape Verde, Namibia and South Africa - according to the World Bank annual good governance rankings released in 2006."--BOOK JACKET.

International Macroeconomics

International Macroeconomics
Author: Stephanie Schmitt-Grohé
Publisher: Princeton University Press
Total Pages: 482
Release: 2022-09-06
Genre: Business & Economics
ISBN: 0691170649

An essential introduction to one of the most timely and important subjects in economics International Macroeconomics presents a rigorous and theoretically elegant treatment of real-world international macroeconomic problems, incorporating the latest economic research while maintaining a microfounded, optimizing, and dynamic general equilibrium approach. This one-of-a-kind textbook introduces a basic model and applies it to fundamental questions in international economics, including the determinants of the current account in small and large economies, processes of adjustment to shocks, the determinants of the real exchange rate, the role of fixed and flexible exchange rates in models with nominal rigidities, and interactions between monetary and fiscal policy. The book confronts theoretical predictions using actual data, highlighting both the power and limits of given theories and encouraging critical thinking. Provides a rigorous and elegant treatment of fundamental questions in international macroeconomicsBrings undergraduate and master’s instruction in line with modern economic researchFollows a microfounded, optimizing, and dynamic general equilibrium approachAddresses fundamental questions in international economics, such as the role of capital controls in the presence of financial frictions and balance-of-payments crisesUses real-world data to test the predictions of theoretical modelsFeatures a wealth of exercises at the end of each chapter that challenge students to hone their theoretical skills and scrutinize the empirical relevance of modelsAccompanied by a website with lecture slides for every chapter

Political Arithmetic

Political Arithmetic
Author: Robert William Fogel
Publisher: University of Chicago Press
Total Pages: 163
Release: 2013-04-15
Genre: Business & Economics
ISBN: 0226256618

We take for granted today that the assessments, measurements, and forecasts of economists are crucial to the decision-making of governments and businesses alike. But less than a century ago that wasn’t the case—economists simply didn’t have the necessary information or statistical tools to understand the ever more complicated modern economy. With Political Arithmetic, Nobel Prize–winning economist Robert Fogel and his collaborators tell the story of economist Simon Kuznets, the founding of the National Bureau of Economic Research, and the creation of the concept of GNP, which for the first time enabled us to measure the performance of entire economies. The book weaves together the many strands of political and economic thought and historical pressures that together created the demand for more detailed economic thinking—Progressive-era hopes for activist government, the production demands of World War I, Herbert Hoover’s interest in business cycles as President Harding’s commerce secretary, and the catastrophic economic failures of the Great Depression—and shows how, through trial and error, measurement and analysis, economists such as Kuznets rose to the occasion and in the process built a discipline whose knowledge could be put to practical use in everyday decision-making. The product of a lifetime of studying the workings of economies and skillfully employing the tools of economics, Political Arithmetic is simultaneously a history of a key period of economic thought and a testament to the power of applied ideas.

Paths of Inequality in Brazil

Paths of Inequality in Brazil
Author: Marta Arretche
Publisher: Springer
Total Pages: 371
Release: 2018-07-04
Genre: Social Science
ISBN: 3319781847

This book presents multidisciplinary analyses of the historical trajectories of social and economic inequalities in Brazil over the last 50 years. As one of the most unequal countries in the world, Brazil has always been an important case study for scholars interested in inequality research, but in the last few decades has brought a new phenomenon to renew researchers’ interest in the country. While the majority of democracies in the developed world have witnessed an increase in income inequality from the 1970s on, Brazil has followed the opposite path, registering a significant reduction of income inequality over the last 30 years. Bringing together studies carried out by experts from different areas, such as economists, sociologists, demographers and political scientists, this volume presents insights based on rigorous analyses of statistical data in an effort to explain the long term changes in social and economic inequalities in Brazil. The book adopts a multidisciplinary approach, analyzing the relations between income inequality and different dimensions of social life, such as education, health, political participation, public policies, demographics and labor market. All of this makes Paths of Inequality in Brazil – A Half-Century of Change a very valuable resource for social scientists interested in inequality research in general, and especially for sociologists, political scientists and economists interested in the social and economic changes that Brazil went through over the last two decades.

The Knowledge Capital of Nations

The Knowledge Capital of Nations
Author: Eric A. Hanushek
Publisher: MIT Press
Total Pages: 275
Release: 2023-08-15
Genre: Business & Economics
ISBN: 026254895X

A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population. In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population—which they term the “knowledge capital” of a nation—are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the “Latin American growth puzzle” and the “East Asian miracle” can be explained by these regions' knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance.

America's Half-Century

America's Half-Century
Author: Thomas J. McCormick
Publisher: JHU Press
Total Pages: 316
Release: 1995-02
Genre: History
ISBN: 9780801850110

Revised andupdated through 1993, it describes how the end of the Cold War affected the United States's global role as well as suggesting what possibilities lie ahead for a restructured world-system.

Means-Tested Transfer Programs in the United States

Means-Tested Transfer Programs in the United States
Author: National Bureau of Economic Research
Publisher: University of Chicago Press
Total Pages: 224
Release: 2003-10-15
Genre: Business & Economics
ISBN: 9780226533568

Few United States government programs are as controversial as those designed to aid the poor. From tax credits to medical assistance, aid to needy families is surrounded by debate—on what benefits should be offered, what forms they should take, and how they should be administered. The past few decades, in fact, have seen this debate lead to broad transformations of aid programs themselves, with Aid to Families with Dependent Children replaced by Temporary Assistance to Needy Families, the Earned Income Tax Credit growing from a minor program to one of the most important for low-income families, and Medicaid greatly expanding its eligibility. This volume provides a remarkable overview of how such programs actually work, offering an impressive wealth of information on the nation's nine largest "means-tested" programs—that is, those in which some test of income forms the basis for participation. For each program, contributors describe origins and goals, summarize policy histories and current rules, and discuss the recipient's characteristics as well as the different types of benefits they receive. Each chapter then provides an overview of scholarly research on each program, bringing together the results of the field's most rigorous statistical examinations. The result is a fascinating portrayal of the evolution and current state of means-tested programs, one that charts a number of shifts in emphasis—the decline of cash assistance, for instance, and the increasing emphasis on work. This exemplary portrait of the nation's safety net will be an invaluable reference for anyone interested in American social policy.