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Author : GOODING. TIM.
Publisher : Unknown
Page : 128 pages
File Size : 53,7 Mb
Release : 2019
Category : Electronic
ISBN : 3030170225
Author : Martin Guzman
Publisher : Columbia University Press
Page : 548 pages
File Size : 50,7 Mb
Release : 2018-08-28
Category : Business & Economics
ISBN : 9780231546805
Joseph Stiglitz is one of the world’s greatest economists. He has made fundamental contributions to economic theory in areas such as inequality, the implications of imperfect and asymmetric information, and competition, and he has been a major figure in policy making, a leading public intellectual, and a remarkably influential teacher and mentor. This collection of essays influenced by Stiglitz’s work celebrates his career as a scholar and teacher and his aspiration to put economic knowledge in the service of creating a fairer world. Toward a Just Society brings together a range of essays whose breadth reflects how Stiglitz has shaped modern economics. The contributions to this volume, all penned by high-profile authors who have been guided by or collaborated with Stiglitz over the last five decades, span microeconomics, macroeconomics, inequality, development, law and economics, and public policy. Touching on many of the central debates and discoveries of the field and providing insights on the directions that academic economics could take in the future, Toward a Just Society is an extraordinary celebration of the many paths Stiglitz has opened for economics, politics, and public life.
Author : Michael Hudson,George James Miller,Kris Feder
Publisher : Shepheard-Walwyn Publishers
Page : 184 pages
File Size : 41,9 Mb
Release : 1994
Category : Business & Economics
ISBN : UOM:39015032512454
With the eclipse of the New Right, politicians now admit that society is in crisis. Something must be done, but, explain the authors, governments will fail again unless they shake off the economic orthodoxy which is now one of the problems rather than the means to a solution.
Author : Michael Marmot
Publisher : Olschki
Page : 74 pages
File Size : 44,6 Mb
Release : 2013
Category : Social Science
ISBN : 8822262514
Author : Venkat Venkatasubramanian
Publisher : Columbia University Press
Page : 410 pages
File Size : 43,5 Mb
Release : 2017-08-08
Category : Business & Economics
ISBN : 9780231543224
Many in the United States feel that the nation’s current level of economic inequality is unfair and that capitalism is not working for 90% of the population. Yet some inequality is inevitable. The question is: What level of inequality is fair? Mainstream economics has offered little guidance on fairness and the ideal distribution of income. Political philosophy, meanwhile, has much to say about fairness yet relies on qualitative theories that cannot be verified by empirical data. To address inequality, we need to know what the goal is—and for this, we need a quantitative, testable theory of fairness for free-market capitalism. How Much Inequality Is Fair? synthesizes concepts from economics, political philosophy, game theory, information theory, statistical mechanics, and systems engineering into a mathematical framework for a fair free-market society. The key to this framework is the insight that maximizing fairness means maximizing entropy, which makes it possible to determine the fairest possible level of pay inequality. The framework therefore provides a moral justification for capitalism in mathematical terms. Venkat Venkatasubramanian also compares his theory’s predictions to actual inequality data from various countries—showing, for instance, that Scandinavia has near-ideal fairness, while the United States is markedly unfair—and discusses the theory’s implications for tax policy, social programs, and executive compensation.
Author : Michael Hudson,G J Miller,Kris Feder
Publisher : Shepard-Walwyn (IPG)
Page : 206 pages
File Size : 54,6 Mb
Release : 2023-01-12
Category : Philosophy
ISBN : 9780856835575
With the eclipse of the New Right, politicians now admit that society is in crisis. Something must be done, but, explain the authors, governments will fail again unless they shake off the economic orthodoxy which is now one of the problems rather than the means to a solution. This book investigates the roots of the problem, both historically and theoretically. Dr Michael Hudson draws on archaeology and history, from Bronze Age Mesopotamia through Rome to Byzantium, to show how a destructive virus crept into the body politic. This led to a breakdown in man' s relation to the environment and divided society into a wealthy ruling oligarchy and an impoverished majority. The Welfare State is an attempt to remedy this inequality. However, despite the escalating cost to taxpayers, the Welfare State has failed to stop the widening gap between the rich and the poor. Drawing on medical evidence, Dr George Miller demonstrates that not only have the poorest grown poorer relatively, but their health has suffered disproportionately. Hence people born into the lowest classes still have a greater chance of dying before they can enjoy their pensions. A century ago Henry George, in his world-famous Progress and Poverty, asked why there still was poverty, when the Industrial Revolution had made it possible to make in a day what had taken weeks or months previously. Dr Kris Feder shows how the Georgist paradigm provides an ideal way of tackling the many ills besetting the industrialised and third worlds. Nobel prize-winning economists recommend it as the way forward for Russia. Dr Feder clears away misrepresentations of George' s thesis and explains how it would not only lead to a fairer distribution of wealth, but would also simplify the tax system.
Author : Minouche Shafik
Publisher : Princeton University Press
Page : 256 pages
File Size : 54,9 Mb
Release : 2022-08-23
Category : Business & Economics
ISBN : 9780691207643
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.
Author : Tim Gooding
Publisher : Springer
Page : 184 pages
File Size : 50,8 Mb
Release : 2019-04-23
Category : Business & Economics
ISBN : 9783030170202
This Palgrave Pivot presents experiments that reveal core dynamics of trade in a complex system. Monetary trade is stripped of all its complications and placed in agent-based models, a complexity research tool capable of reproducing emergent behaviour and evolution. Included are ground-breaking repeatable experiments exploring the impact of evolutionary prerequisites empirically present in markets. Isolating the core dynamics of trade results in very simple agent-based models. However, decades of complexity research demonstrate that even the simplest systems result in emergent behaviour that is extremely difficult to anticipate. Readers who are only familiar with the linear-system theories and models used to train almost all undergraduate economics students might be surprised to witness price detaching from supply and demand, and extreme poverty and wealth arising in trade systems populated by agents with equal ability and opportunity. Watch as empirical evolutionary prerequisites are introduced and price patterns characterising two different markets – asset markets and speculative markets – emerge irrespective of supply and demand. In addition to laying the groundwork of monetary trade in a complex system, more complicated models feature mortal reproductive agents. Including ‘living’ populations in economic models reveal how the complexity characteristics of our market economy are impacting impoverishment and starvation. This book invites anyone interested in economics to join the growing ranks of people who are fascinated by the insights offered by complexity research.
Author : Daniel Chandler
Publisher : Penguin Group
Page : 0 pages
File Size : 44,9 Mb
Release : 2024-04-18
Category : Business & Economics
ISBN : 0141991941
*A Waterstones, Financial Times and New Statesman Book of the Year* 'A tremendous book, timely, wise, authoritative and clear' Stephen Fry 'A brilliantly eloquent, incredibly insightful reimagining of liberalism' Owen Jones 'Clear, brave, compelling' David Miliband 'Inspiring ... impassioned ... full of hope' Zadie Smith 'This is a fantastic book' Thomas Piketty Imagine: you are designing a society, but you don't know who you'll be within it - rich or poor, man or woman, gay or straight. What would you want that society to look like? This is the revolutionary thought experiment proposed by the twentieth century's greatest political philosopher, John Rawls. As economist and philosopher Daniel Chandler argues in this hugely ambitious and exhilarating intervention, it is by rediscovering Rawls that we can find a way out of the escalating crises that are devastating our world today. Taking Rawls's humane and egalitarian liberalism as his starting point, Chandler builds a careful and ultimately irresistible case for a progressive agenda that would fundamentally reshape our societies for the better. He shows how we can protect free speech and transcend the culture wars; get money out of politics; and create an economy where everyone has the chance to fulfil their potential, where prosperity is widely shared, and which operates within the limits of our finite planet. This is a book brimming with hope and possibility - a galvanising alternative to the cynicism that pervades our politics. Free and Equal has the potential not only to transform contemporary debate, but to offer a touchstone for a modern, egalitarian liberalism for many years to come, cementing Rawls's place in political discourse, and firmly establishing Chandler as a vital new voice for our time.
Author : Konzelmann, Sue,Himmelweit, Susan
Publisher : Policy Press
Page : 288 pages
File Size : 53,5 Mb
Release : 2019-09-19
Category : Business & Economics
ISBN : 9781447352525
What if we had a government prepared to implement the policies that could radically change 21st-century Britain and improve people’s lives? Social and economic policies are rarely communicated clearly to the public, but it’s never been more important for citizens to understand and contribute to the debate around the country’s future. In everyday language, Rethinking Britain presents a range of ideas from some of the country’s most influential thinkers such as Kate Pickett and Ha-Joon Chang. From inflation to tax, and health to education, each contribution offers solutions which, if implemented, would lead to a fairer society. Curated by leading economists from the Progressive Economics Group and accompanied by a ‘jargon buster’, this book is an essential aid for citizens who are interested in critiquing inequalities while looking to build a better future.
Author : The Core Team
Publisher : Oxford University Press, USA
Page : 0 pages
File Size : 52,9 Mb
Release : 2019
Category : Economic policy
ISBN : 0198849842
Economy, Society, and Public Policy is a new way to learn economics. It is designed specifically for students studying social sciences, public policy, business studies, engineering and other disciplines who want to understand how the economy works and how it can be made to work better. Topical policy problems are used to motivate learning of key concepts and methods of economics. It engages, challenges and empowers students, and will provide them with the tools to articulate reasoned views on pressing policy problems. This project is the result of a worldwide collaboration between researchers, educators, and students who are committed to bringing the socially relevant insights of economics to a broader audience.KEY FEATURESESPP does not teach microeconomics as a body of knowledge separate from macroeconomicsStudents begin their study of economics by understanding that the economy is situated within society and the biosphereStudents study problems of identifying causation, not just correlation, through the use of natural experiments, lab experiments, and other quantitative methodsSocial interactions, modelled using simple game theory, and incomplete information, modelled using a series of principal-agent problems, are introduced from the beginning. As a result, phenomena studied by the other social sciences such as social norms and the exercise of power play a roleThe insights of diverse schools of thought, from Marx and the classical economists to Hayek and Schumpeter, play an integral part in the bookThe way economists think about public policy is central to ESPP. This is introduced in Units 2 and 3, rather than later in the course.
Author : Barbara Robles,Betsy Leondar-Wright,Rose Brewer
Publisher : The New Press
Page : 336 pages
File Size : 49,8 Mb
Release : 2006-06-05
Category : Business & Economics
ISBN : 9781595585622
For every dollar owned by the average white family in the United States, the average family of color has less than a dime. Why do people of color have so little wealth? The Color of Wealth lays bare a dirty secret: for centuries, people of color have been barred by laws and by discrimination from participating in government wealth-building programs that benefit white Americans. This accessible book—published in conjunction with one of the country’s leading economics education organizations—makes the case that until government policy tackles disparities in wealth, not just income, the United States will never have racial or economic justice. Written by five leading experts on the racial wealth divide who recount the asset-building histories of Native Americans, Latinos, African Americans, Asian Americans, and European Americans, this book is a uniquely comprehensive multicultural history of American wealth. With its focus on public policies—how, for example, many post–World War II GI Bill programs helped whites only—The Color of Wealth is the first book to demonstrate the decisive influence of government on Americans’ net worth.
Author : Miguel Brandao,Nadia Morais
Publisher : CreateSpace
Page : 226 pages
File Size : 55,6 Mb
Release : 2015-05-17
Category : Electronic
ISBN : 1512206164
Looking at the top 100 organisations in the world, have you ever wondered which ones would we really miss if they were to disappear? Or, which ones deliver something that we truly need in order to improve our health and happiness? Or even, which of these organisations are taking advantage of resources while jeopardising the quality of life of the next generations? Current performance metrics strongly overlook these facts. In fact, despite the dramatic technological progress that infused radical changes in the society over the past century, profits and shareholder value remain the cardinal assessment tools. We believe this has led us to support, recognise and reward predatory organisations in detriment to sustainable organisations. Ultimately, we end up seeing villains for heroes and blindly incentivising those who live from this, albeit not contributing to the community. Yet, a society that deters useful professions in favour of futile jobs, a society that values futile organisations, penalising the ones that bring actual value, is undeniably unsustainable. With this book, we aspire to instil discussion about the characteristics of sustainable organisations as the cornerstone of the definition of new criteria to assess how useful an organisation truly is. The main premise for this is that an organisation can only be sustainable when its full impact - internal and external - is positive in the short, medium and long-term and when its activity contributes to human survival and/or development. We propose a new model for sustainable organisations founded on transparency, merit and purpose as well as a simple index - a new algorithm - that will enable any citizen in the world to understand and compare the real value and impact of any organisation. Our hope is that this awareness will lead to a shift in global dynamics, from a perilous route - conflict-oriented - onto a prosperous trajectory that is truly sustainable and unequivocally focused on human needs. Following are reviews from three of our Beta readers: "A book that can help both identify and cure the ills of today's world with a simple formula - is a gift that we cannot afford to pass by. The Sustainable Organization points boldly to the organizational transformation reforms needed to reclaim humanity from the gridlock of inequality fostered by a predatory reward system that minimizes employee contribution while channeling the rewards to a few at the top. Offering a few simple indicators that can help organizations determine if they are on the right path the book sheds light on the hard truth about those who have to change the ways they operate. I can hardly imagine a more powerful approach to changing the status quo at a crucial time in history." Mihaela Ulieru, PhD, Global Agenda Council at the World Economic Forum, USA "The Sustainable Organization is a very interesting book which shows the way for organizations to create a win, win, win for all stakeholders in our fragile world. Become Sustainable or eventually die.Greed is a poison." Lee Cockerell, Former Executive Vice-President at Disney, USA "What you measure is what you get " how human / capitalist measure the world in the liner mind brought us to where we stand toady . What we need now is a bold and proven new measurement lead all humankind to a better world. I am glad my friend Miguel do it for us, with his insight in the writing " The sustainable organisation " we can levitate tunnel view and see a brighter future - an equal and fair world to be. I am ready to join the new perspective now, and you? Roger Lee, founder of CSR Community International; Forum works Inc. and Talents Fly Co-creation International association, TAIWAN Other comments from beta readers: http: //thesustainableorganisation.blogspot.pt/2015/04/comments-and-observations-from-our-beta.html
Author : Herve Moulin
Publisher : MIT Press
Page : 302 pages
File Size : 41,7 Mb
Release : 2004-08-20
Category : Business & Economics
ISBN : 0262633116
The concept of fair division is as old as civil society itself. Aristotle's "equal treatment of equals" was the first step toward a formal definition of distributive fairness. The concept of collective welfare, more than two centuries old, is a pillar of modern economic analysis. Reflecting fifty years of research, this book examines the contribution of modern microeconomic thinking to distributive justice. Taking the modern axiomatic approach, it compares normative arguments of distributive justice and their relation to efficiency and collective welfare. The book begins with the epistemological status of the axiomatic approach and the four classic principles of distributive justice: compensation, reward, exogenous rights, and fitness. It then presents the simple ideas of equal gains, equal losses, and proportional gains and losses. The book discusses three cardinal interpretations of collective welfare: Bentham's "utilitarian" proposal to maximize the sum of individual utilities, the Nash product, and the egalitarian leximin ordering. It also discusses the two main ordinal definitions of collective welfare: the majority relation and the Borda scoring method. The Shapley value is the single most important contribution of game theory to distributive justice. A formula to divide jointly produced costs or benefits fairly, it is especially useful when the pattern of externalities renders useless the simple ideas of equality and proportionality. The book ends with two versatile methods for dividing commodities efficiently and fairly when only ordinal preferences matter: competitive equilibrium with equal incomes and egalitarian equivalence. The book contains a wealth of empirical examples and exercises.
Author : Will Hutton
Publisher : Random House
Page : 402 pages
File Size : 50,7 Mb
Release : 2011-06-30
Category : Political Science
ISBN : 9781446483442
The number one bestseller on the hardback list for more than six months, The State We're In is the most explosive analysis of British society to have been published for over thirty years. It is now updated for the paperback edition.
