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The American Economy from Roosevelt to Trump by Vittorio Valli Pdf
‘This is essential reading for anybody interested in global history.’ —Professor Ugo Panizza, The Graduate Institute of Geneva, Switzerland This illuminating book offers a compact survey and new interpretation of trends and policies in the US economy from the end of the nineteenth century to the initial period of the Trump administration. Valli maps three stages in this period of US economic history: first, the economic and demographic consequences of the frontier; second, the Fordist model of growth; and third, the attempt to build an economic empire through economic and financial globalization, military and political power and rapid technological progress. Examining pivotal moments from the Wall Street Crash and the World Wars to the recent Great Recession, Obamacare and Trump's electoral promises and first controversial decisions, this book is essential reading for all those interested in American economic power and its future.
More so than had any of his predecessors in the White House, Franklin D. Roosevelt drew heavily on the thinking of economists as he sought to combat the Great Depression, to mobilize the American economy for war, and to chart a new order for the postwar world. Designs within Disorder is an inquiry into the way divergent analytic perspectives competed for official favor and the manner in which the President opted to pick and choose among them when formulating economic policies.
The Dual-Entity of Market Competition by Yunxian Chen Pdf
The relationship between the government and the market lies at the heart of Economics as a discipline. This title approaches this issue with a new lens termed mezzoeconomics—A branch of modern economics that mainly studies regional economic entities and the allocation of regional resources after they are generated. Combining mezzoeconomic theory with practice in the light of China’s Reform and Opening-up, the author analyzes the regional governments’ participation in market competition, the dual entities (enterprises and regional governments) of market competition, and a mature market economy featuring a strong form of effective government and efficient market. Three corresponding theories are proposed—the Regional Government Competition Theory, the Dual-Entity of Market Competition Theory (DEMC), and the “Double Strong Forms” Theory. The author hopes that these theories of mezzoeconomics can build a new, effective theoretical model and serve as a guidance for regional governments to reform and innovate their governance philosophy and policies. This book will be of keen interest to students and scholars of economics and regional governance.
Author : Joseph E. Stiglitz Publisher : W. W. Norton & Company Page : 256 pages File Size : 54,9 Mb Release : 2015-11-02 Category : Business & Economics ISBN : 9780393254068
Rewriting the Rules of the American Economy: An Agenda for Growth and Shared Prosperity by Joseph E. Stiglitz Pdf
It’s time to rewrite the rules—to curb the runaway flow of wealth to the top one percent, to restore security and opportunity for the middle class, and to foster stronger growth rooted in broadly shared prosperity. Inequality is a choice. The United States bills itself as the land of opportunity, a place where anyone can achieve success and a better life through hard work and determination. But the facts tell a different story—the U.S. today lags behind most other developed nations in measures of inequality and economic mobility. For decades, wages have stagnated for the majority of workers while economic gains have disproportionately gone to the top one percent. Education, housing, and health care—essential ingredients for individual success—are growing ever more expensive. Deeply rooted structural discrimination continues to hold down women and people of color, and more than one-fifth of all American children now live in poverty. These trends are on track to become even worse in the future. Some economists claim that today’s bleak conditions are inevitable consequences of market outcomes, globalization, and technological progress. If we want greater equality, they argue, we have to sacrifice growth. This is simply not true. American inequality is the result of misguided structural rules that actually constrict economic growth. We have stripped away worker protections and family support systems, created a tax system that rewards short-term gains over long-term investment, offered a de facto public safety net to too-big-to-fail financial institutions, and chosen monetary and fiscal policies that promote wealth over full employment.
New Economic Engine: Effective Government and Efficient Market by Yunxian Chen Pdf
This book contains at least three main highlights: breaking through the limitations of the mainstream Western economics system and the market theory framework, correctly explaining the successful experience of China’s reform and opening up over the past 40 years from an economic perspective, and developing a new economics system and market theory. China’s reform and opening up and innovative developments have provided a wide range of materials and resources for this theory; the results of this research will be integrated into world economic theories and serve the economic development and economic growth across the world.
HOW THE GOLDEN AGE OF TRANSATLANTIC TRAVEL BETWEEN THE WARS TRANSFORMED WOMEN'S LIVES ACROSS ALL CLASSES - A VIVID CROSS SECTION OF LIFE ON-BOARD THE ICONIC OCEAN LINERS FROM BELOW DECKS TO THE CAPTAIN'S TABLE. 'In this riveting slice of social history, Siân Evans does a brilliant job of describing the unexpected textures of life at sea...By deep diving into the archives, Siân Evans has discovered a watery in-between world where the usual rules didn't quite apply and a spirited woman could get further than she ever would on dry land. - Mail on Sunday Migrants and millionairesses, refugees and aristocrats all looking for a way to improve their lives. After WW1 a world of opportunity was opening up for women ... Before convenient air travel, transatlantic travel was the province of the great ocean liners and never more so than in the glory days of the interwar years. It was an extraordinary undertaking made by many women. Some traveled for leisure, some for work; others to find a new life, marriage, to reinvent themselves or find new opportunities. Their stories have remained largely untold - until now. Maiden Voyages is a fascinating portrait of these women, and their lives on board magnificent ocean liners as they sailed between the old and the new worlds. The ocean liner was a microcosm of contemporary society, divided by class: from the luxury of the upper deck, playground for the rich and famous, to the cramped conditions of steerage or third class travel. These iconic liners were filled with women of all ages, classes and backgrounds: celebrities and refugees, migrants and millionairesses, aristocrats and crew members. Full of incredible gossip, stories and intrigue, Maiden Voyages has a diverse cast of inspiring women - from A-listers like Josephine Baker, a dancer from St Louis who found fame in Paris, Marlene Dietrich and Wallis Simpson, Violet 'the unsinkable' Jessop, a crew member who survived the sinking of the Titanic, and entrepreneur Sibyl Colefax, a pioneering interior designer. Whichever direction they were travelling, whatever hopes they entertained, they were all under the spell of life at sea, a spell which would only break when they went ashore. Maiden Voyages is a compelling and highly entertaining account of life on board: part dream factory, part place of work, independence and escape - always moving.
Americans across the political spectrum have turned away from free market capitalism, calling for more government intervention into the economy. This optimistic book explains how a dynamic, Commercial Republic that benefits all Americans is still possible. "Will someone intent on changing the direction of America’s economy seize on this text and send it far and wide?” —Hugh Hewitt, author, attorney, and national host of The Hugh Hewitt Show “Markets grounded in a commercial republic are what America needs. Gregg shows why.” —Vernon L. Smith, 2002 Nobel Laureate in Economics, Professor of Business Economics and Law at Chapman University One of America’s greatest success stories is its economy. For over a century, it has been the envy of the world. The opportunity it generates has inspired millions of people to want to become American. Today, however, America’s economy is at a crossroads. Many have lost confidence in the country’s commitment to economic liberty. Across the political spectrum, many want the government to play an even greater role in the economy via protectionism, industrial policy, stakeholder capitalism, or even quasi-socialist policies. Numerous American political and business leaders are embracing these ideas, and traditional defenders of markets have struggled to respond to these challenges in fresh ways. Then there is a resurgent China bent on eclipsing the United States’s place in the world. At stake is not only the future of the world’s biggest economy, but the economic liberty that remains central to America’s identity as a nation. But managed decline and creeping statism do not have to be America’s only choices, let alone its destiny. For this book insists that there is an alternative. And that is a vibrant market economy grounded on entrepreneurship, competition, and trade openness, but embedded in what America’s founding generation envisaged as the United States’s future: a dynamic Commercial Republic that takes freedom, commerce, and the common good of all Americans seriously, and allows America as a sovereign-nation to pursue and defend its interests in a dangerous world without compromising its belief in the power of economic freedom.
Trump and the Remaking of American Grand Strategy by Bastiaan van Apeldoorn,Jaša Veselinovič,Naná de Graaff Pdf
This book offers a comprehensive explanatory account of Trump's foreign policy by assessing its nature, determining the extent to which it broke with the policy of preceding presidencies, and explaining how this shift came about. We argue that Trump has succeeded in remaking America’s grand strategy by unmaking its long-standing strategy of what we call Open Door Globalism, a strategy of economic expansionism through the promotion of open markets across the globe and its institutionalization into a US-led liberal world order. Trump has broken with Open Door Globalism in probably lasting ways by adopting an outlook and strategy of neo-mercantilist economic nationalism based upon an ‘America First’ redefinition of US sovereignty and national interests. We explain this Trumpian shift in US foreign policy by focusing on the social sources of Trump’s foreign policy-making elite’s agency, analysing it both in terms of foreign policy-makers’ embeddedness in elite networks and within the changing global and domestic context. The latter, coupled with a crisis of established elite power, also indicates why Biden has not returned to Open Door Globalism but doubled down on some aspects of the Trumpian economic nationalist break.
The Upcoming Insignificance of the American Presidency by Wilbur C. Rich Pdf
This new text analyzes the development of the presidency as the dominant political institution in the United States and raises questions about its future relevance. In this history of the U.S. executive branch from the framing of the Constitution to the Biden administration, author Wilbur C. Rich illuminates the transformation of the presidential role by a variety of extra-constitutional, non-legal forces, technology, and social changes.The book highlights how some presidents nevertheless have managed to maintain relevancy and dominance by adapting to these changes or by introducing changes of their own. For undergraduate students and researchers of presidential history and American political development, this expansive historical overview of the executive branch in America makes a strong case that the significance of the American presidency has declined dramatically—and perhaps irrevocably—in the modern presidency.
Author : Susan Herbst Publisher : University of Chicago Press Page : 311 pages File Size : 47,8 Mb Release : 2021-11-08 Category : Political Science ISBN : 9780226813073
Pollsters and pundits armed with the best public opinion polls failed to predict the election of Donald Trump in 2016. Is this because we no longer understand what the American public is? In A Troubled Birth, Susan Herbst argues that we need to return to earlier meanings of "public opinion" to understand our current climate. Herbst contends that the idea that there was a public—whose opinions mattered—emerged during the Great Depression, with the diffusion of radio, the devastating impact of the economic collapse on so many people, the appearance of professional pollsters, and Franklin Roosevelt’s powerful rhetoric. She argues that public opinion about issues can only be seen as a messy mixture of culture, politics, and economics—in short, all the things that influence how people live. Herbst deftly pins down contours of public opinion in new ways and explores what endures and what doesn’t in the extraordinarily troubled, polarized, and hyper-mediated present. Before we can ask the most important questions about public opinion in American democracy today, we must reckon yet again with the politics and culture of the 1930s.
Professor Karina V. Korostelina presents insights into the "Trump effect" and explains how the support for Trump among the American general public is based on three complementary pillars. First, Trump champions a specific conception of American national identity that empowers his supporters. Second, Trump's leadership has, to an extent, been crafted from his ability to recognize where and with whom he can get the most return on his investment (e.g. his political comments) and address the perceived general malaise in the U.S. Trump also mirrors the emotions of a disenfranchised American public, and inspires the use of frustration based anger and insults to achieve desired aims. He addresses the public’s intolerance of uncertainty and ambivalence by providing simpler solutions to complex national problems and by blurring the boundary betweent he leading political parties. Further, Trump employs existing political polarization and has established a new kind of morality. Third, Trump challenges the existing political balance of power within the U.S. and globally. The overarching goal of this book is to show how the popularity of Trump has revealed substantial problems in the social, political, and economic fabric of American life. Aimed at the general public and students in the U.S. and internationally, the book goes beyond many explanations of the "Trump Effect". Using a multidisciplinary theoretical lens, it provides a systemic multifaceted analysis based on multiple theories of social identity, emotions, cognitions, morality, and power to explain the broader social phenomena of the rise of individuals in society.
A look at how the New Deal fundamentally changed American life, and why it remains relevant today" The New Deal was America's response to the gravest economic and social crisis of the twentieth century. It now serves as a source of inspiration for how we should respond to the gravest crisis of the twenty-first. There's no more fluent and informative a guide to that history than Eric Rauchway, and no one better to describe the capacity of government to transform America for the better."--Barry Eichengreen, University of California, Berkeley The greatest peaceable expression of common purpose in U.S. history, the New Deal altered Americans' relationship with politics, economics, and one another in ways that continue to resonate today. No matter where you look in America, there is likely a building or bridge built through New Deal initiatives. If you have taken out a small business loan from the federal government or drawn unemployment, you can thank the New Deal. While certainly flawed in many aspects--the New Deal was implemented by a Democratic Party still beholden to the segregationist South for its majorities in Congress and the Electoral College--the New Deal was instated at a time of mass unemployment and the rise of fascistic government models and functioned as a bulwark of American democracy in hard times. This book looks at how this legacy, both for good and ill, informs the current debates around governmental responses to crises.
A riveting narrative of Wall Street buccaneering, political intrigue, and two of American history's most colossal characters, struggling for mastery in an era of social upheaval and rampant inequality. It seemed like no force in the world could slow J. P. Morgan's drive to power. In the summer of 1901, the financier was assembling his next mega-deal: Northern Securities, an enterprise that would affirm his dominance in America's most important industry-the railroads. Then, a bullet from an anarchist's gun put an end to the business-friendly presidency of William McKinley. A new chief executive bounded into office: Theodore Roosevelt. He was convinced that as big business got bigger, the government had to check the influence of the wealthiest or the country would inch ever closer to collapse. By March 1902, battle lines were drawn: the government sued Northern Securities for antitrust violations. But as the case ramped up, the coal miners' union went on strike and the anthracite pits that fueled Morgan's trains and heated the homes of Roosevelt's citizens went silent. With millions of dollars on the line, winter bearing down, and revolution in the air, it was a crisis that neither man alone could solve. Richly detailed and propulsively told, The Hour of Fate is the gripping story of a banker and a president thrown together in the crucible of national emergency even as they fought in court. The outcome of the strike and the case would change the course of our history. Today, as the country again asks whether saving democracy means taming capital, the lessons of Roosevelt and Morgan's time are more urgent than ever. Winner of the 2021 Theodore Roosevelt Association Book Prize Finalist for the Presidential Leadership Book Award