April 14, 2021

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The Complacent Class

The Complacent Class
Author : Tyler Cowen
Publisher : St. Martin's Press
Release Date : 2017-02-28
Category : Business & Economics
Total pages :272
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A Wall Street Journal and Washington Post Bestseller "Tyler Cowen's blog, Marginal Revolution, is the first thing I read every morning. And his brilliant new book, The Complacent Class, has been on my nightstand after I devoured it in one sitting. I am at round-the-clock Cowen saturation right now."--Malcolm Gladwell Since Alexis de Tocqueville, restlessness has been accepted as a signature American trait. Our willingness to move, take risks, and adapt to change have produced a dynamic economy and a tradition of innovation from Ben Franklin to Steve Jobs. The problem, according to legendary blogger, economist and best selling author Tyler Cowen, is that Americans today have broken from this tradition—we’re working harder than ever to avoid change. We're moving residences less, marrying people more like ourselves and choosing our music and our mates based on algorithms that wall us off from anything that might be too new or too different. Match.com matches us in love. Spotify and Pandora match us in music. Facebook matches us to just about everything else. Of course, this “matching culture” brings tremendous positives: music we like, partners who make us happy, neighbors who want the same things. We’re more comfortable. But, according to Cowen, there are significant collateral downsides attending this comfort, among them heightened inequality and segregation and decreased incentives to innovate and create. The Complacent Class argues that this cannot go on forever. We are postponing change, due to our near-sightedness and extreme desire for comfort, but ultimately this will make change, when it comes, harder. The forces unleashed by the Great Stagnation will eventually lead to a major fiscal and budgetary crisis: impossibly expensive rentals for our most attractive cities, worsening of residential segregation, and a decline in our work ethic. The only way to avoid this difficult future is for Americans to force themselves out of their comfortable slumber—to embrace their restless tradition again.

The Complacent Class

The Complacent Class
Author : Tyler Cowen
Publisher : Picador
Release Date : 2018-03-06
Category : Business & Economics
Total pages :272
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The Complacent Class

The Complacent Class
Author : Tyler Cowen
Publisher : St. Martin's Press
Release Date : 2017-02-28
Category : Business & Economics
Total pages :241
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Examines the trend of Americans away from the traditionally mobile, risk-accepting, and adaptable tendencies that defined them for much of recent history, and toward stagnation and comfort, and how this development has the potential to make future changes more disruptive. --Publisher's description.

Big Business

Big Business
Author : Tyler Cowen
Publisher : St. Martin's Press
Release Date : 2019-04-09
Category : Business & Economics
Total pages :288
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An against-the-grain polemic on American capitalism from New York Times bestselling author Tyler Cowen. We love to hate the 800-pound gorilla. Walmart and Amazon destroy communities and small businesses. Facebook turns us into addicts while putting our personal data at risk. From skeptical politicians like Bernie Sanders who, at a 2016 presidential campaign rally said, “If a bank is too big to fail, it is too big to exist,” to millennials, only 42 percent of whom support capitalism, belief in big business is at an all-time low. But are big companies inherently evil? If business is so bad, why does it remain so integral to the basic functioning of America? Economist and bestselling author Tyler Cowen says our biggest problem is that we don’t love business enough. In Big Business, Cowen puts forth an impassioned defense of corporations and their essential role in a balanced, productive, and progressive society. He dismantles common misconceptions and untangles conflicting intuitions. According to a 2016 Gallup survey, only 12 percent of Americans trust big business “quite a lot,” and only 6 percent trust it “a great deal.” Yet Americans as a group are remarkably willing to trust businesses, whether in the form of buying a new phone on the day of its release or simply showing up to work in the expectation they will be paid. Cowen illuminates the crucial role businesses play in spurring innovation, rewarding talent and hard work, and creating the bounty on which we’ve all come to depend.

The Great Stagnation

The Great Stagnation
Author : Tyler Cowen
Publisher : Penguin
Release Date : 2011-01-25
Category : Business & Economics
Total pages :71
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Tyler Cowen’s controversial New York Times bestseller—the book heard round the world that ignited a firestorm of debate and redefined the nature of America’s economic malaise. America has been through the biggest financial crisis since the great Depression, unemployment numbers are frightening, media wages have been flat since the 1970s, and it is common to expect that things will get worse before they get better. Certainly, the multidecade stagnation is not yet over. How will we get out of this mess? One political party tries to increase government spending even when we have no good plan for paying for ballooning programs like Medicare and Social Security. The other party seems to think tax cuts will raise revenue and has a record of creating bigger fiscal disasters that the first. Where does this madness come from? As Cowen argues, our economy has enjoyed low-hanging fruit since the seventeenth century: free land, immigrant labor, and powerful new technologies. But during the last forty years, the low-hanging fruit started disappearing, and we started pretending it was still there. We have failed to recognize that we are at a technological plateau. The fruit trees are barer than we want to believe. That's it. That is what has gone wrong and that is why our politics is crazy. In The Great Stagnation, Cowen reveals the underlying causes of our past prosperity and how we will generate it again. This is a passionate call for a new respect of scientific innovations that benefit not only the powerful elites, but humanity as a whole.

An Economist Gets Lunch

An Economist Gets Lunch
Author : Tyler Cowen
Publisher : Plume
Release Date : 2013
Category : Business & Economics
Total pages :293
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An influential economist challenges popular opinions about the superiority of locally grown and expensive foods, demonstrating how to eat responsibly without submitting to fashion-driven trends. By the author of the best-selling e-book, The Great Stagnation. 35,000 first printing.

The Culture of Contentment

The Culture of Contentment
Author : John Kenneth Galbraith
Publisher : Princeton University Press
Release Date : 2017-08-29
Category : Business & Economics
Total pages :176
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The world has become increasingly separated into the haves and have-nots. In The Culture of Contentment, renowned economist John Kenneth Galbraith shows how a contented class—not the privileged few but the socially and economically advantaged majority—defend their comfortable status at a cost. Middle-class voting against regulation and increased taxation that would remedy pressing social ills has created a culture of immediate gratification, leading to complacency and hampering long-term progress. Only economic disaster, military action, or the eruption of an angry underclass seem capable of changing the status quo. A groundbreaking critique, The Culture of Contentment shows how the complacent majority captures the political process and determines economic policy.

Average Is Over

Average Is Over
Author : Tyler Cowen
Publisher : Penguin
Release Date : 2013-09-12
Category : Business & Economics
Total pages :304
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Renowned economist and author of Big Business Tyler Cowen brings a groundbreaking analysis of capitalism, the job market, and the growing gap between the one percent and minimum wage workers in this follow-up to the New York Times bestseller The Great Stagnation. The United States continues to mint more millionaires and billionaires than any country ever. Yet, since the great recession, three quarters of the jobs created here pay only marginally more than minimum wage. Why is there growth only at the top and the bottom? Economist and bestselling author Tyler Cowen explains that high earners are taking ever more advantage of machine intelligence and achieving ever-better results. Meanwhile, nearly every business sector relies less and less on manual labor, and that means a steady, secure life somewhere in the middle—average—is over. In Average is Over, Cowen lays out how the new economy works and identifies what workers and entrepreneurs young and old must do to thrive in this radically new economic landscape.

Creative Destruction

Creative Destruction
Author : Tyler Cowen
Publisher : Princeton University Press
Release Date : 2009-01-10
Category : Business & Economics
Total pages :192
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A Frenchman rents a Hollywood movie. A Thai schoolgirl mimics Madonna. Saddam Hussein chooses Frank Sinatra's "My Way" as the theme song for his fifty-fourth birthday. It is a commonplace that globalization is subverting local culture. But is it helping as much as it hurts? In this strikingly original treatment of a fiercely debated issue, Tyler Cowen makes a bold new case for a more sympathetic understanding of cross-cultural trade. Creative Destruction brings not stale suppositions but an economist's eye to bear on an age-old question: Are market exchange and aesthetic quality friends or foes? On the whole, argues Cowen in clear and vigorous prose, they are friends. Cultural "destruction" breeds not artistic demise but diversity. Through an array of colorful examples from the areas where globalization's critics have been most vocal, Cowen asks what happens when cultures collide through trade, whether technology destroys native arts, why (and whether) Hollywood movies rule the world, whether "globalized" culture is dumbing down societies everywhere, and if national cultures matter at all. Scrutinizing such manifestations of "indigenous" culture as the steel band ensembles of Trinidad, Indian handweaving, and music from Zaire, Cowen finds that they are more vibrant than ever--thanks largely to cross-cultural trade. For all the pressures that market forces exert on individual cultures, diversity typically increases within society, even when cultures become more like each other. Trade enhances the range of individual choice, yielding forms of expression within cultures that flower as never before. While some see cultural decline as a half-empty glass, Cowen sees it as a glass half-full with the stirrings of cultural brilliance. Not all readers will agree, but all will want a say in the debate this exceptional book will stir.

Stubborn Attachments

Stubborn Attachments
Author : Tyler Cowen
Publisher : Unknown
Release Date : 2018-10-16
Category :
Total pages :129
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If we want to continue on our trends of growth, and the overwhelmingly positive outcomes for societies that come with it, every individual must become more concerned with the welfare of those around us - and in the world at large and most of all our descendants in the future. So, how do we proceed? Tyler Cowen, in a culmination of 20 years of thinking and research, provides a roadmap for moving forward. Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals argues that our reason and common sense can help free us of the faulty ideas that hold us back as people and as a society. Cowen's latest book, at its heart, makes the contemporary moral case for economic growth and in doing so engenders a great dose of inspiration and optimism about our future possibilities.

The Sum of Small Things

The Sum of Small Things
Author : Elizabeth Currid-Halkett
Publisher : Princeton University Press
Release Date : 2017-05-15
Category : Social Science
Total pages :272
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How the leisure class has been replaced by a new elite, and how their consumer habits affect us all In today’s world, the leisure class has been replaced by a new elite. Highly educated and defined by cultural capital rather than income bracket, these individuals earnestly buy organic, carry NPR tote bags, and breast-feed their babies. They care about discreet, inconspicuous consumption—like eating free-range chicken and heirloom tomatoes, wearing organic cotton shirts and TOMS shoes, and listening to the Serial podcast. They use their purchasing power to hire nannies and housekeepers, to cultivate their children’s growth, and to practice yoga and Pilates. In The Sum of Small Things, Elizabeth Currid-Halkett dubs this segment of society “the aspirational class” and discusses how, through deft decisions about education, health, parenting, and retirement, the aspirational class reproduces wealth and upward mobility, deepening the ever-wider class divide. Exploring the rise of the aspirational class, Currid-Halkett considers how much has changed since the 1899 publication of Thorstein Veblen’s Theory of the Leisure Class. In that inflammatory classic, which coined the phrase “conspicuous consumption,” Veblen described upper-class frivolities: men who used walking sticks for show, and women who bought silver flatware despite the effectiveness of cheaper aluminum utensils. Now, Currid-Halkett argues, the power of material goods as symbols of social position has diminished due to their accessibility. As a result, the aspirational class has altered its consumer habits away from overt materialism to more subtle expenditures that reveal status and knowledge. And these transformations influence how we all make choices. With a rich narrative and extensive interviews and research, The Sum of Small Things illustrates how cultural capital leads to lifestyle shifts and what this forecasts, not just for the aspirational class but for everyone.

Singapore, Singapura

Singapore, Singapura
Author : Nicholas Walton
Publisher : Oxford University Press
Release Date : 2019-02-01
Category : History
Total pages :129
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Modern Singapore is a miracle. Half a century ago it unwillingly became an independent nation, after it was thrown out of the Malay Federation. It was tiny, poor, almost devoid of resources, and in a hostile neighborhood. Now, this unlikely country is at the top of almost every global national index, from high wealth and low crime to superb education and much-envied stability. But have these achievements bred a dangerous sense of complacency among Singapore's people? Nicholas Walton walked across the entire country in one day, to grasp what it was that made Singapore tick, and to understand the challenges that it now faces. Singapore, Singapura teases out the island's story, from mercantilist Raffles and British colonial rule, through the war years, to independence and the building of the current miracle. There are challenges ahead, from public complacency and the constraints of authoritarian democracy to changing geographic realities and the difficulties of balancing migration in such a tiny state. Singapore's second half-century will be just as exacting as the one since independence--as Walton warns, talk of a "Singapore model" for our hyper-globalized world must face these realities.

How Class Works

How Class Works
Author : Stanley Aronowitz
Publisher : Yale University Press
Release Date : 2003-01-01
Category : Social Science
Total pages :263
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Although Americans like to believe that they live in a classless society, Stanley Aronowitz demonstrates that class remains a potent force. Defining class as the power of social groups to make a difference, he explains that social groups such as labor movements, environmental activists, and feminists become classes when they make demands that change the course of history. “With How Class Works Aronowitz puts the subject of social class squarely on the intellectual agenda—though in a new, inclusive, and dynamic form. Like his influential False Promises, How Class Works is both intellectually exciting and morally challenging.”—Barbara Ehrenreich “In How Class Works Aronowitz argues for the enduring vitality of the concept of social class as a way of understanding social relations. This is a significant contribution to social theory, an argument certain to be widely considered, debated, and tested.”—George Lipsitz, author of American Studies in a Moment of Danger “An intellectually captivating book on a topic that remains as timely and significant as ever.”—Howard Kimeldorf, University of Michigan

The American Perception of Class

The American Perception of Class
Author : Reeve Vanneman,Lynn Weber Cannon
Publisher : Unknown
Release Date : 1988-07
Category : Social Science
Total pages :384
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Scholars and nonacademics alike have usually assumed that the American working class does not think of itself as a coherent class opposed to the dominant powers in American society-in short, that it is not class conscious. In international perspective, the American working class appears docile and complacent. It has never supported a strong socialist movement; a weak union movement has limited itself to simple wage demands; and class conflict here has rarely threatened to explode into a social revolution. Both radicals and mainstream scholars have explained this American exceptionalism by the conservative psychology of the American worker.This provocative book presents a new vision of the American working class. The American Perception of Class offers a radically new interpretation of American class conflict and criticizes earlier analyses for psychologizing the problem and "blaming the victims" for their subordination. It marshals a great variety of evidence, primarily from national surveys, to demonstrate that, contrary to what almost everybody has assumed, American workers are indeed class conscious. They have not been so beguiled by images of a classless society that they can no longer recognize the divide that separates them from their middle class and corporate bosses; nor have they been swallowed up by an affluent middle class; and they have not been so divided by racial and ethnic loyalties, or gender specific interests that they have forgotten their common class position.Finally, the book suggests a new approach to class conflict in America-one not based on the psychology of the American worker but on the strength of American business and its capacity to overwhelm or redirect any challenge from below. No other working class has faced such a formidable opponent. Author note: Reeve Vanneman is Associate Professor of Sociology at the University of Maryland at College Park. >P>Lynn Weber Cannon is Associate Director for the Center for Research on Women and Professor of Sociology at Memphis State University.

Who Killed My Father

Who Killed My Father
Author : Edouard Louis
Publisher : New Directions Publishing
Release Date : 2019-03-26
Category : Social Science
Total pages :128
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This bracing new nonfiction book by the young superstar E´douard Louis is both a searing j’accuse of the viciously entrenched French class system and a wrenchingly tender love letter to his father This bracing new nonfiction book by the young superstar Édouard Louis is both a searing j’accuse of the viciously entrenched French class system and a wrenchingly tender love letter to his father. Who Killed My Father rips into France’s long neglect of the working class and its overt contempt for the poor, accusing the complacent French—at the minimum—of negligent homicide. The author goes to visit the ugly gray town of his childhood to see his dying father, barely fifty years old, who can hardly walk or breathe:“You belong to the category of humans whom politics consigns to an early death.” It’s as simple as that. But hand in hand with searing, specific denunciations are tender passages of a love between father and son, once damaged by shame, poverty and homophobia. Yet tenderness reconciles them, even as the state is killing off his father. Louis goes after the French system with bare knuckles but turns to his long-alienated father with open arms: this passionate combination makes Who Killed My Father a heartbreaking book.