January 27, 2021

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Wealth, Poverty and Politics

Wealth, Poverty and Politics
Author : Thomas Sowell
Publisher : Basic Books
Release Date : 2016-09-06
Category : Political Science
Total pages :576
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In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in this country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth. We cannot properly understand inequality if we focus exclusively on the distribution of wealth and ignore wealth production factors such as geography, demography, and culture. Sowell contends that liberals have a particular interest in misreading the data and chastises them for using income inequality as an argument for the welfare state. Refuting Thomas Piketty, Paul Krugman, and others on the left, Sowell draws on accurate empirical data to show that the inequality is not nearly as extreme or sensational as we have been led to believe. Transcending partisanship through a careful examination of data, Wealth, Poverty, and Politics reveals the truth about the most explosive political issue of our time.

Oil Wealth and the Poverty of Politics

Oil Wealth and the Poverty of Politics
Author : Miriam R. Lowi
Publisher : Cambridge University Press
Release Date : 2009-11-12
Category : Business & Economics
Total pages :228
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How can we make sense of Algeria's post-colonial experience - the tragedy of unfulfilled expectations, the descent into violence, the resurgence of the state? Oil Wealth and the Poverty of Politics explains why Algeria's domestic political economy unravelled from the mid-1980s, and how the regime eventually managed to regain power and hegemony. Miriam Lowi argues the importance of leadership decisions for political outcomes, and extends the argument to explain the variation in stability in oil-exporting states following economic shocks. Comparing Algeria with Iran, Iraq, Indonesia and Saudi Arabia, she asks why some states break down and undergo regime change, while others remain stable, or manage to re-stabilise after a period of instability. In contrast with exclusively structuralist accounts of the rentier state, this book demonstrates, in a unique and accessible study, that political stability is a function of the way in which structure and agency combine.

Savage Economics

Savage Economics
Author : David L. Blaney,Naeem Inayatullah
Publisher : Routledge
Release Date : 2010-01-04
Category : Political Science
Total pages :248
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This innovative book challenges the most powerful and pervasive ideas concerning political economy, international relations, and ethics in the modern world. Rereading classical authors including Adam Smith, James Steuart, Adam Ferguson, Hegel, and Marx, it provides a systematic and fundamental cultural critique of political economy and critically describes the nature of the mainstream understanding of economics.

Seeking the City

Seeking the City
Author : Chad Brand,Tom Pratt
Publisher : Kregel Academic & Professional
Release Date : 2013
Category : Religion
Total pages :905
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Behind the Development Banks

Behind the Development Banks
Author : Sarah Babb
Publisher : University of Chicago Press
Release Date : 2009-08-01
Category : Political Science
Total pages :336
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The World Bank and other multilateral development banks (MDBs) carry out their mission to alleviate poverty and promote economic growth based on the advice of professional economists. But as Sarah Babb argues in Behind the Development Banks, these organizations have also been indelibly shaped by Washington politics—particularly by the legislative branch and its power of the purse. Tracing American influence on MDBs over three decades, this volume assesses increased congressional activism and the perpetual “selling” of banks to Congress by the executive branch. Babb contends that congressional reluctance to fund the MDBs has enhanced the influence of the United States on them by making credible America’s threat to abandon the banks if its policy preferences are not followed. At a time when the United States’ role in world affairs is being closely scrutinized, Behind the Development Banks will be necessary reading for anyone interested in how American politics helps determine the fate of developing countries.

Poverty as Ideology

Poverty as Ideology
Author : Andrew Martin Fischer
Publisher : Zed Books Ltd.
Release Date : 2018-12-15
Category : Social Science
Total pages :336
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Winner of the International Studies in Poverty Prize awarded by the Comparative Research Programme on Poverty (CROP) and Zed Books Poverty has become the central focus of global development efforts, with a vast body of research and funding dedicated to its alleviation. And yet, the field of poverty studies remains deeply ideological and has been used to justify wealth and power within the prevailing world order. Andrew Martin Fischer clarifies this deeply political character, from conceptions and measures of poverty through to their application as policies. Poverty as Ideology shows how our dominant approaches to poverty studies have, in fact, served to reinforce the prevailing neoliberal ideology while neglecting the wider interests of social justice that are fundamental to creating more equitable societies. Instead, our development policies have created a ‘poverty industry’ that obscures the dynamic reproductions of poverty within contemporary capitalist development and promotes segregation in the name of science and charity. Fischer argues that an effective and lasting solution to global poverty requires us to reorient our efforts away from current fixations on productivity and towards more equitable distributions of wealth and resources. This provocative work offers a radical new approach to understanding poverty based on a comprehensive and accessible critique of key concepts and research methods. It upends much of the received wisdom to provide an invaluable resource for students, teachers and researchers across the social sciences.

Wealth, Poverty, and Human Destiny

Wealth, Poverty, and Human Destiny
Author : Doug Bandow,David Schindler
Publisher : Open Road Media
Release Date : 2014-05-06
Category : History
Total pages :350
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The rapid spread of the liberal market order across the globe poses a host of new and complex questions for religious believers—indeed, for anyone concerned with the intersection of ethics and economics. Is the market economy, particularly as it affects the poor, fundamentally compatible with Christian moral and social teaching? Or is it in substantial tension with that tradition? In Wealth, Poverty, and Human Destiny, editors Doug Bandow and David L. Schindler bring together some of today’s leading economists, theologians, and social critics to consider whether the triumph of capitalism is a cause for celebration or concern. Michael Novak, Richard John Neuhaus, Max Stackhouse, and other defenders of democratic capitalism marshal a number of arguments in an attempt to show that, among other things, capitalism is more Christian in its foundation and consequences than is conceded by its critics—that, as Stackhouse and Lawrence Stratton write, “the roots of the modern corporation lie in the religious institutions of the West,” and that, as Novak contends, “globalization is the natural ecology” of Christianity. The critics of liberal economics argue, on the other hand, that it is historically and theologically shortsighted to consider the global capitalist order and the liberalism that sustains it as the only available option. Any system which has as its implicit logic that “stable and preserving relationships among people, places, and things do not matter and are of no worth,” in the words of Wendell Berry, should be regarded with grave suspicion by religious believers and all men and women of goodwill. Bandow and Schindler take up these arguments and many others in their responses, which carefully consider the claims of the essayists and thus pave the way for a renewed dialogue on the moral status of capitalism, a dialogue only now re-emerging from under the Cold War rubble. The contributors’ fresh, insightful examinations of the intersection between religion and economics should provoke a healthy debate about the intertwined issues of the market, globalization, human freedom, the family, technology, and democracy.

Why Nations Fail

Why Nations Fail
Author : Daron Acemoğlu,James A. Robinson
Publisher : Crown Business
Release Date : 2012
Category : Business & Economics
Total pages :529
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An award-winning professor of economics at MIT and a Harvard University political scientist and economist evaluate the reasons that some nations are poor while others succeed, outlining provocative perspectives that support theories about the importance of institutions.

The Wealth and Poverty of Cities

The Wealth and Poverty of Cities
Author : Mario Polèse
Publisher : Oxford University Press
Release Date : 2019-09-02
Category : Business & Economics
Total pages :129
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That some cities are vibrant while others are in decline is starkly apparent. In The Wealth and Poverty of Cities, Mario Polèse argues that focusing on city attributes is too narrow. Cities do not control the basic conditions that determine their success or failure as sources of economic growth and well-being. Nations matter because successful metropolitan economies do not spring forth spontaneously. The values, norms, and institutions that shape social relationships are national attributes. The preconditions for the creation of wealth-the rule of law, public education, and sound macroeconomic management among the most fundamental-are the responsibility of the state. By considering national fiscal and monetary policies and state policies governing the organization of cities, this book disentangles two processes: the mechanics of creating wealth and the mechanics of agglomeration or capturing wealth. Polèse explains the two-stage process in which the proper conditions must first be in place for the benefits of agglomeration to fully flower. Polèse interweaves evocative descriptions of various cities, contrasting cities that have been helped or hurt by local and national policies wise or ill-advised. From New York to Vienna, Buenos Aires to Port au Prince, the cities come to life. Throughout the book Polèse highlights four factors that help explain strengths and weaknesses of cities as foci of economic opportunity and social cohesion: institutions, people, centrality, and chance. The result is a nuanced and accessible introduction to the economy of cities and an original perspective on what needs to improve. Cities that have managed to produce livable urban environments for the majority of their citizens mirror the societies that spawned them. Similarly, cities that have failed are almost always signs of more deep-rooted failures. If the nation does not work, neither will its cities.

The Economics of Poverty, Inequality and Wealth Accumulation in Mexico

The Economics of Poverty, Inequality and Wealth Accumulation in Mexico
Author : M. Székely
Publisher : Springer
Release Date : 1998-09-21
Category : Business & Economics
Total pages :282
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The aim of this book is to understand why despite a considerable increase in average income in Mexico during the 1984-1992 period of economic liberalization, the conditions of the poorest of the poor deteriorated and income inequality increased. To explain why some individuals were able to take advantage of the opportunities which the economy was generating, while others were prevented from doing so, the author suggests some methodology to extract additional information from poverty and inequality measures, and test the main theories of household saving behaviour.

The Quest for Cosmic Justice

The Quest for Cosmic Justice
Author : Thomas Sowell
Publisher : Simon and Schuster
Release Date : 2001-06-30
Category : Political Science
Total pages :224
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This book is about the great moral issues underlying many of the headline-making political controversies of our times. It is not a comforting book but a book about disturbing and dangerous trends. The Quest for Cosmic Justice shows how confused conceptions of justice end up promoting injustice, how confused conceptions of equality end up promoting inequality, and how the tyranny of social visions prevents many people from confronting the actual consequences of their own beliefs and policies. Those consequences include the steady and dangerous erosion of fundamental principles of freedom -- amounting to a quiet repeal of the American revolution. The Quest for Cosmic Justice is the summation of a lifetime of study and thought about where we as a society are headed -- and why we need to change course before we do irretrievable damage.

Black Rednecks and White Liberals

Black Rednecks and White Liberals
Author : Thomas Sowell
Publisher : ReadHowYouWant.com
Release Date : 2010-09-17
Category :
Total pages :580
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This explosive new book challenges many of the long-prevailing assumptions about blacks, about Jews, about Germans, about slavery, and about education. Plainly written, powerfully reasoned, and backed with a startling array of documented facts, Black Rednecks and White Liberals takes on not only the trendy intellectuals of our times but also such historic interpreters of American life as Alexis de Tocqueville and Frederick Law Olmsted. In a series of long essays, this book presents an in-depth look at key beliefs behind many mistaken and dangerous actions, policies, and trends. It presents eye-opening insights into the historical development of the ghetto culture that is today wrongly seen as a unique black identity - a culture cheered on toward self-destruction by white liberals who consider themselves ''friends'' of blacks. An essay titled ''the Real History of Slavery'' presents a jolting re-examination of that tragic institution and the narrow and distorted way it is too often seen today. The reasons for the venomous hatred of Jews, and of other groups like them in countries around the world, are explored in an essay that asks, ''Are Jews Generic?'' Misconceptions of German history in general, and of the Nazi era in particular, are also re-examined. So too are the inspiring achievements and painful tragedies of black education in the United States. Black Rednecks and White Liberals is the capstone of decades of outstanding research and writing on racial and cultural issues by Thomas Sowell.

The Political Economy of Microfinance

The Political Economy of Microfinance
Author : Philip Mader
Publisher : Springer
Release Date : 2016-01-12
Category : Political Science
Total pages :284
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According to the author, rather than alleviating poverty, microfinance financialises poverty. By indebting poor people in the Global South, it drives financial expansion and opens new lands of opportunity for the crisis-ridden global capital markets. This book raises fundamental concerns about this widely-celebrated tool for social development.

The Politics of Poverty

The Politics of Poverty
Author : Felicitas Becker
Publisher : Cambridge University Press
Release Date : 2019-06-20
Category : Education
Total pages :378
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An examination of poverty dynamics and developmental failure, shifting emphasis from development as control to development as coping strategy.

Preferential Policies

Preferential Policies
Author : Thomas Sowell
Publisher : William Morrow & Company
Release Date : 1990
Category : Political Science
Total pages :221
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Examines the policies of India, South Africa, Israel, the United States, and other nations that are guilty of government-sanctioned preferential treatment