Money And Its Influence

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Hijacking the Agenda

Author : Christopher Witko,Jana Morgan,Nathan J. Kelly,Peter K. Enns
Publisher : Russell Sage Foundation
Page : 384 pages
File Size : 46,5 Mb
Release : 2021-05-25
Category : Political Science
ISBN : 9781610449052

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Hijacking the Agenda by Christopher Witko,Jana Morgan,Nathan J. Kelly,Peter K. Enns Pdf

Why are the economic interests and priorities of lower- and middle-class Americans so often ignored by the U.S. Congress, while the economic interests of the wealthiest are prioritized, often resulting in policies favorable to their interests? In Hijacking the Agenda, political scientists Christopher Witko, Jana Morgan, Nathan J. Kelly, and Peter K. Enns examine why Congress privileges the concerns of businesses and the wealthy over those of average Americans. They go beyond demonstrating that such economic bias exists to illuminate precisely how and why economic policy is so often skewed in favor of the rich. The authors analyze over 20 years of floor speeches by several hundred members of Congress to examine the influence of campaign contributions on how the national economic agenda is set in Congress. They find that legislators who received more money from business and professional associations were more likely to discuss the deficit and other upper-class priorities, while those who received more money from unions were more likely to discuss issues important to lower- and middle-class constituents, such as economic inequality and wages. This attention imbalance matters because issues discussed in Congress receive more direct legislative action, such as bill introductions and committee hearings. While unions use campaign contributions to push back against wealthy interests, spending by the wealthy dwarfs that of unions. The authors use case studies analyzing financial regulation and the minimum wage to demonstrate how the financial influence of the wealthy enables them to advance their economic agenda. In each case, the authors examine the balance of structural power, or the power that comes from a person or company’s position in the economy, and kinetic power, the power that comes from the ability to mobilize organizational and financial resources in the policy process. The authors show how big business uses its structural power and resources to effect policy change in Congress, as when the financial industry sought deregulation in the late 1990s, resulting in the passage of a bill eviscerating New Deal financial regulations. Likewise, when business interests want to preserve the policy status quo, it uses its power to keep issues off of the agenda, as when inflation eats into the minimum wage and its declining purchasing power leaves low-wage workers in poverty. Although groups representing lower- and middle-class interests, particularly unions, can use their resources to shape policy responses if conditions are right, they lack structural power and suffer significant resource disadvantages. As a result, wealthy interests have the upper hand in shaping the policy process, simply due to their pivotal position in the economy and the resulting perception that policies beneficial to business are beneficial for everyone. Hijacking the Agenda is an illuminating account of the way economic power operates through the congressional agenda and policy process to privilege the interests of the wealthy and marks a major step forward in our understanding of the politics of inequality.

The End of Influence

Author : J. Bradford DeLong,Stephen S Cohen
Publisher : Basic Books
Page : 178 pages
File Size : 51,7 Mb
Release : 2010-01-05
Category : Business & Economics
ISBN : 9780465020072

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The End of Influence by J. Bradford DeLong,Stephen S Cohen Pdf

At the end of World War II, the United States had all the money -- and all the power. Now, America finds itself cash poor, and to a great extent power follows money. In The End of Influence, renowned economic analysts Stephen S. Cohen and J. Bradford DeLong explore the grave consequences this loss will have for America's place in the world. America, Cohen and DeLong argue, will no longer be the world's hyperpower. It will no longer wield soft cultural power or dictate a monolithic foreign policy. More damaging, though, is the blow to the world's ability to innovate economically, financially, and politically. Cohen and DeLong also explore American's complicated relationship with China, the misunderstood role of sovereign wealth funds, and the return of state-led capitalism. An essential read for anyone interested in how global economics and finance interact with national policy, The End of Influence explains the far-reaching and potentially long-lasting but little-noted consequences of our great fiscal crisis.

Money, Power, and the People

Author : Christopher W. Shaw
Publisher : University of Chicago Press
Page : 417 pages
File Size : 50,8 Mb
Release : 2019-09-05
Category : Business & Economics
ISBN : 9780226636474

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Money, Power, and the People by Christopher W. Shaw Pdf

An “engaging and well-researched study [of] ordinary people who joined together to challenge financial institutions” (Choice). Banks and bankers are hardly the most beloved institutions and people in this country. With its corruptive influence on politics and stranglehold on the American economy, Wall Street is held in high regard by few outside the financial sector. But the pitchforks raised against this behemoth are largely rhetorical: We rarely see riots in the streets or public demands for an equitable and democratic banking system that result in serious national changes. Yet the situation was vastly different a century ago, as Christopher W. Shaw shows. This book upends the conventional thinking that financial policy in the early twentieth century was set primarily by the needs and demands of bankers. Shaw shows that banking and politics were directly shaped by the literal and symbolic investments of the grassroots. This engagement remade financial institutions and the national economy, through populist pressure and the establishment of federal regulatory programs and agencies like the Farm Credit System and the Federal Deposit Insurance Corporation. Shaw reveals the surprising groundswell behind seemingly arcane legislation, as well as the power of the people to demand serious political repercussions for the banks that caused the Great Depression. One result of this sustained interest and pressure was legislation and regulation that brought on a long period of relative financial stability, with a reduced frequency of economic booms and busts. Ironically, this stability led to the decline of the very banking politics that brought it about. Giving voice to a broad swath of American figures, including workers, farmers, politicians, and bankers alike, Money, Power, and the People recasts our understanding of what might be possible in balancing the needs of the people with those of their financial institutions.

The Great Power

Author : Sir Montagu de Pomeroy Webb
Publisher : Unknown
Page : 232 pages
File Size : 43,6 Mb
Release : 1897
Category : Currency question
ISBN : HARVARD:HNTU27

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The Great Power by Sir Montagu de Pomeroy Webb Pdf

Money and Credit

Author : Commission on money and credit
Publisher : Unknown
Page : 285 pages
File Size : 45,8 Mb
Release : 1963
Category : Electronic
ISBN : OCLC:1002461136

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Money and Credit by Commission on money and credit Pdf

The Purchasing Power of Money

Author : Irving Fisher
Publisher : Cosimo, Inc.
Page : 529 pages
File Size : 44,8 Mb
Release : 2007-11-01
Category : Business & Economics
ISBN : 9781602069572

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The Purchasing Power of Money by Irving Fisher Pdf

Perhaps America's first celebrated economist, Irving Fisher-for whom the Fisher equation, the Fisher hypothesis, and the Fisher separation theorem are named-staked an early claim to fame with his revival, in this 1912 book, of the "quantity theory of money." An important work of 20th-century economics, this work explores: the circulation of money against goods the various circulating media the mystery of circulating credit how a rise in prices generates a further rise influence of foreign trade on the quantity of money the problem of monetary reform and much more. American economist IRVING FISHER (1867-1947) was professor of political economy at Yale University. Among his many books are Mathematical Investigations in the Theory of Value and Prices (1892), The Rate of Interest (1907), Why Is the Dollar Shrinking? A Study in the High Cost of Living (1914), and Booms and Depressions (1932).

Money and Credit

Author : Commission On Money And Credit
Publisher : Unknown
Page : 300 pages
File Size : 45,7 Mb
Release : 2011-08-01
Category : Electronic
ISBN : 125807835X

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Money and Credit by Commission On Money And Credit Pdf

Money and Civilization

Author : Alexander Del Mar
Publisher : London : G. Bell
Page : 482 pages
File Size : 44,5 Mb
Release : 1886
Category : Civilization
ISBN : UOM:39015004043496

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Money and Civilization by Alexander Del Mar Pdf

The Power of Influence

Author : Sarah Prout
Publisher : John Wiley & Sons
Page : 202 pages
File Size : 46,8 Mb
Release : 2010-11-04
Category : Business & Economics
ISBN : 9781742469775

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The Power of Influence by Sarah Prout Pdf

The internet offers a wondrous world of possibilities for anyone with an entrepreneurial streak, including the chance to gain international recognition and influence without even leaving the house! Social media platforms such as Twitter and Facebook make it possible to leverage the most powerful marketing tool available—you!—no technical wizardry or design savvy required. In this candid and accessible book, internet entrepreneur Sarah Prout reveals how anyone, with any level of experience, can build a successful online business and harness the power of influence with social media. She shares her tried-and-tested methods for networking and attracting subscribers and followers, debunks social media myths, road-tests a range of different business models, and gives you all the inspiration and power tips you’ll need to get your online business—and bank account—thriving in no time.

The Bank of England

Author : Anonim
Publisher : Unknown
Page : 0 pages
File Size : 46,6 Mb
Release : 2023
Category : Banks and banking, Central
ISBN : 1383017808

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The Bank of England by Anonim Pdf

The Bank of England celebrated its 300th anniversary in 1994. As the anniversary prompts new interest in the history of this important institution, distinguished business historians examine different aspects of the Bank's history in this text.

The History And Theory Of Money

Author : Sidney Sherwood,American Society for the Extension of U
Publisher : Legare Street Press
Page : 0 pages
File Size : 43,7 Mb
Release : 2023-07-18
Category : Electronic
ISBN : 1020424214

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The History And Theory Of Money by Sidney Sherwood,American Society for the Extension of U Pdf

This book offers an in-depth exploration of the history and theory of money from the perspective of the American Society for the Extension of University Teaching. Sherwood and the society examine the nuances of money and its influence on society as well as the political, social, and economic factors underlying its development. Readers will gain a more sophisticated understanding of the role that money has played in shaping global society and the many diverse ways in which humans have sought to understand and achieve financial stability. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Money, Power, and Influence in Eighteenth-Century Lithuania

Author : Adam Teller
Publisher : Stanford University Press
Page : 329 pages
File Size : 42,9 Mb
Release : 2016-09-21
Category : History
ISBN : 9780804799874

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Money, Power, and Influence in Eighteenth-Century Lithuania by Adam Teller Pdf

It has often been claimed that Jews have a penchant for capitalism and capitalist economic activity. With this book, Adam Teller challenges that assumption. Examining how Jews achieved their extraordinary success within the late feudal economy of the eighteenth-century Polish-Lithuanian Commonwealth, he shows that economic success did not necessarily come through any innate entrepreneurial skills, but through identifying and exploiting economic niches in the pre-modern economy—in particular, the monopoly on the sale of grain alcohol. Jewish economic activity was a key factor in the development of the Polish-Lithuanian Commonwealth, and it greatly enhanced the incomes, and thereby the social and political status, of the noble magnates, including the powerful Radziwiłł family. In turn, with the magnate's backing, Jews were able to leverage their own economic success into high status in estate society. Over time, relations within Jewish society began to change, putting less value on learning and pedigree and more on wealth and connections with the estate owners. This groundbreaking book exemplifies how the study of Jewish economic history can shed light on a crucial mechanism of Jewish social integration. In the Polish-Lithuanian setting, Jews were simultaneously a despised religious minority and key economic players, with a consequent standing that few could afford to ignore.

Monetary Theory and Policy. The Effects of Money in an Economy

Author : Inna Baier
Publisher : GRIN Verlag
Page : 35 pages
File Size : 49,9 Mb
Release : 2015-01-30
Category : Business & Economics
ISBN : 9783656887591

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Monetary Theory and Policy. The Effects of Money in an Economy by Inna Baier Pdf

Seminar paper from the year 2013 in the subject Economics - Monetary theory and policy, grade: 1,8, Justus-Liebig-University Giessen, language: English, abstract: This Paper aims to explain the effects of money in an economy. The beginning of the Paper analyses the money supply, the money demand and which variables determinate it or how they influence them. Further the paper analyses how the money stock could be used by the central bank and the government as monetary instrument to invent into economy. At certain stages endnotes will refer to the interest rate theory and try to answer, how strong it influences the money amount.