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Peter Edelman has worked as an aide to Robert F. Kennedy, a lawyer, a children's advocate, and a policymaker. He has devoted his life to the cause of justice and to ending inequality. But, in 1996, while serving in the Clinton administration as an expert on welfare policy and children, he found himself in an untenable position. The president signed a new welfare bill that ended a sixty-year federal commitment to poor children, and as justification...
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Since the 1940s, Marxist thought has blossomed in Nigeria. The history of 'Naija Marxism' is also that of the country's labour movement, its feminist movement, its social thought and political economy. It has been the mainstay of party politics in the case of illegal Marxist party formations and legal anti-feudalist forces and in the NGO sector. Long gone are the days when Marxism meant imported pamphlets and a disconnected ideology.
Drawn from...
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Douglas A. Irwin is the Robert E. Maxwell '23 Professor of Arts and Sciences in the Department of Economics at Dartmouth College. He is the author of Against the Tide: An Intellectual History of Free Trade and Free Trade under Fire (both Princeton).
A history of America's most infamous tariff
The Smoot-Hawley tariff of 1930, which raised U.S. duties on hundreds of imported goods to record levels, is America's most infamous trade law. It is often...
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"Winner of the 2018 Silver Medal in Economics, Axiom Business Book Awards" "2018 Silver Medal Winner in Finance/Investment/Economics, Independent Publisher Book Awards" Jonathan Morduch is professor of public policy and economics at the New York University Wagner Graduate School of Public Service. He is the coauthor of Portfolios of the Poor (Princeton) and other books. Rachel Schneider is senior vice president at the Center for Financial Services...
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"One of Bloomberg/Businessweek Best Books of 2013, selected by Edmund Phelps" Jean Drèze has lived in India since 1979 and became an Indian citizen in 2002. He has taught at the London School of Economics and the Delhi School of Economics, and he is now a visiting professor at Allahabad University. He is the coauthor (with Amartya Sen) of Hunger and Public Action and India: Development and Participation. Amartya Sen is the Thomas W. Lamont University...
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Today's leading economists weigh in with a new "dashboard" of metrics for measuring our economic and social health.
"What we measure affects what we do. If we focus only on material well-being-on, say, the production of goods, rather than on health, education, and the environment-we become distorted in the same way that these measures are distorted." -Joseph E. Stiglitz.
A consensus has emerged among key experts that our conventional economic measures...
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Technology is constantly changing our world, leading to more efficient production. But where once technological advancements dramatically increased wages, the median wage has remained stagnant over the past three decades. Many of today's machines have taken over the work of humans, destroying old jobs while increasing profits for business owners and raising the possibility of ever-widening economic inequality.
Here, economist and software company...
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John Bogle has seen firsthand the innermost workings-and grotesque abuses-of the financial industry, and is renowned as an advocate for the small investor and for the restoration of integrity to the system. He knows that a trustworthy business and financial complex is essential to America's continuing leadership in the world and to social and economic progress at home.
In this book he reveals what went wrong and how we lost our way-and more importantly,...
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The "Erin Brockovich of Sewage" tells the riveting story of the environmental justice movement that is firing up rural America, with a foreword by the renowned author of Just Mercy
Catherine Coleman Flowers grew up in Lowndes County, Alabama, a place that's been called "Bloody Lowndes" because of its violent, racist history. Once the epicenter of the voting rights struggle, today it's Ground Zero for a new movement that is Flowers's life's work....
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Consumers in Britain face a curious mix of taxes and duties that are messy, opaque and out of date. They are also unfair: the poorer you are, the more of your income goes on paying these taxes. At the same time, we are ceaselessly bombarded by marketing information that is very one-sided. The foods that make us fat, for example, are promoted a great deal more than the foods that could keep us healthy — and again it is mainly the poor who bear the...
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Essays exploring questions of what we owe-to corporations, to governments, to each other, to the past, and to the future.
From personal finance and consumer spending to ballooning national expenditures on warfare and social welfare, debt is fundamental to the dynamics of global capitalism. The contributors to this volume explore the concept of indebtedness in its various senses and from a wide range of perspectives.
They observe that many views...
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This complete summary of "Unequal Democracy" by Larry M. Bartels, a prominent American political scientist, presents his account of the truth behind several myths about American politics. In his book, the author mainly exposes the fact that the gap between the rich and the poor has widened considerably under Republican administrations, leaving the country completely unequal. Bartels argues that this is due to the political choices made by governments...
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This collection explores key themes in the contemporary critique of political economy, in honour of the work and practice of Silvia Federici and George Caffentzis - two of the most significant contemporary theorists of capitalism and anti-capitalism, whose contributions span half a century of struggle, crisis and debate.
Drawing together a collection of essays that assess Federici and Caffentzis's contributions, offering critical and comradely...
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A fascinating exploration of early to mid-twentieth-century politics as seen through the eyes of a Roosevelt technocrat.
History seems to repeat itself. With ongoing wars abroad and the collapse of financial institutions at home, Americans rely on President Barack Obama and Secretary of the Treasury Jacob Lew to bring about positive change. When the US stock market collapsed in 1928 and World War II broke out, the nation turned to Franklin D. Roosevelt...
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How didthe banking sector grow from a supporter of business to the biggest business in the world? Financial journalist Nicholas Shaxson takes us on a terrifying journey through the world economy, exposing tax havens, monopolists, megabanks, private equity firms, Eurobond traders, lobbyists, and a menagerie of scoundrels quietly financializing our entire society, hurting both business and individuals.
Shaxson shows how we got here, telling the story...
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'The definitive account of the history of poverty finance' - Susanne Soederberg
Finance, mobile and digital technologies - or 'fintech' - are being heralded in the world of development by the likes of the IMF and World Bank as a silver bullet in the fight against poverty. But should we believe the hype?
A Critical History of Poverty Finance demonstrates how newfangled 'digital financial inclusion' efforts suffer from the same essential flaws as...
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Contemporary capitalism is always evolving. From digital technologies to cryptocurrencies, current trends in political economy are much discussed, but often little understood. So where can we turn for clarity? As Michael Roberts and Guglielmo Carchedi argue, new trends don't necessarily call for new theory.
In “Capitalism in the 21st Century”, the authors show how Marx's law of value explains numerous issues in our modern world. In both advanced...
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Richard Florida, one of the world's leading urbanists and author of The Rise of the Creative Class, confronts the dark side of the back-to-the-city movement
In recent years, the young, educated, and affluent have surged back into cities, reversing decades of suburban flight and urban decline. And yet all is not well. In The New Urban Crisis, Richard Florida, one of the first scholars to anticipate this back-to-the-city movement, demonstrates how the...
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Capital is pushing into motion ever larger global material flows. In doing so it has come to depend on massive expenditures of energy, putting to work fossil fuels and the machines they animate to transform the world, accumulate power and grow the economy. The ecological relations and crises of today's societies are driven by the processes of extraction of the elements that come together as a throughput of material and energy flows controlled by capital...
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Wenonah Hauter owns an organic family farm that provides healthy vegetables to hundreds of families as part of the Community Supported Agriculture (CSA) movement. Yet, as a leading healthy-food advocate, Hauter believes that the local food movement is not enough to solve America's food crisis and the public health debacle it has created. In Foodopoly, she takes aim at the real culprit: the control of food production by a handful of large corporations-backed...
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