Democratic liberalism v. authoritarianism -- the ideological divide that defined the twentieth century. But when the cold war ended, "the end of history"; was proclaimed. Soon the fire of freedom would burn worldwide, the experts said. And where markets were freed, human rights would inevitably follow.Or not. In the last twenty years, nations including India, Russia, China and the United Arab Emirates have disproved the idea that capitalism and democracy are inextricably linked. Em...

Dream Hoarders sparked a national conversation on the dangerous separation between the upper middle class and everyone else. Now in paperback and newly updated for the age of Trump, Brookings Institution senior fellow Richard Reeves is continuing to challenge the class system in America.In America, everyone knows that the top 1 percent are the villains. The rest of us, the 99 percent?we are the good guys. Not so, argues Reeves. The real class divide is not between the upper...

A very common socialist claim is that the free market leads to economic monopolies, and it is the governments' duty to protect consumers from "unreasonably" high prices set by monopolists. The purpose of this essay is to explain in simple words, why consumers should not be protected from the market, but rather from state monopolies.Consumers must not be protected from Microsoft and Facebook, but they should be protected from public utilities, or any other state monopolies. This doc...

Are Thomas Piketty’s analyses of inequality on target? Where should researchers go from here in exploring the ideas he pushed to the forefront of global conversation? In After Piketty, a cast of economists and other social scientists tackle these questions in dialogue with Piketty, in what is sure to be a much-debated book in its own right.

There is no doubt that we are in the middle of a transition to a knowledge-based economy. Breakthrough technologies in microelectronics, biotechnology, new materials, telecommunications, robotics, and computers are fundamentally changing the game of creating wealth. While these new industries are growing explosively, existing industries such as banking and retail are being transformed beyond recognition. As a result, a new global economy is emerging to replace existing national economies.

Multiculturalism—the belief that no culture is better or worse than any other; it is merely different—has come to dominate Western intellectual thought and to serve as a guide to domestic and foreign policy and development aid. But what if multiculturalism itself is flawed? What if some cultures are more prone to progress than others and more successful at creating the cultural capital that encourages democratic governance, social justice for all, and the elimination of poverty? In Jews, C...

"Jo M. Sekimonyo can be best described as a realist, a philosopher of socioeconomic inequality, a humanitarian, and a person that is not afraid to speak his own mind. Through CAST AWAY: FOR THESE REASONS: ECONOMIC JIHAD he challenges mankind to wake up and realize that evil exists and is taking place right around them. Unless we wake up and change the way we are living our lives our existence is one that is danger of being destroyed"Midwest Book ReviewEconomic theorists sinc...

Wilk and his colleagues draw upon their own international field experience to examine how food systems are changing around the globe. The authors offer a cultural perspective that is mising in other economic and developmental studies, and provide rich ethnographic data on markets, industrial production, and food economies. This new book will appeal to professionals in economic and environmental anthropology: economic development, agricultural economics, consumer behavior, nutritional scien...

Knut Wicksell is acknowledged to be the precursor and prophet of modern macroeconomic theory and he provided some of its chief elements a generation before their power and significance were properly recognized. This book, originally published in German in 1893 and in English in 1954 brought time into the previously timeless theory of value and income distribution. The theory of the real interest rate, which he developed in Value, Capital and Rent became a central and essential ele...

Originally published in 1980 but re-issued now with a new preface, this book looks at the German manager from a sociological viewpoint and explains why German management has been so successful and highlights the key factors in the training of the German manager and the attitudes and skills he develops in his work. The views and aspirations of German managers themselves are discussed in the light of the author's first-hand acquaintance with German industry. Throughout there is comparison wi...

This study of economic reforms throughout Eastern Europe covers the history of attempts at decentralization. The book: * Describes the centralized model and compares its requirements with the realities of socialist countries * Discusses the economic policies of the post-Stalinist period * Examines the origin of the reforms which began in 1956, culminating in the Soviet economic reform of 1965 and the rehabilitation of profit. Countries covered include the former USSR, the former East Germa...

Though Cannan, in his early years as an economist, was a critic of classical economics and an ally of interventionists, he moved sharply to the side of classical liberalism in the early 20th century. In this book, originally published in 1929 Edwin Cannan discussed in comparative terms the general problems of economics and in particular the theories of production, value and distribution and the attempts that had been made to solve them. Examining key principles of economics in historical t...