Golden Rule

Author: Thomas Ferguson
Publisher: University of Chicago Press
ISBN: 9780226162010
Release Date: 2011-08-15
Genre: Political Science

"To discover who rules, follow the gold." This is the argument of Golden Rule, a provocative, pungent history of modern American politics. Although the role big money plays in defining political outcomes has long been obvious to ordinary Americans, most pundits and scholars have virtually dismissed this assumption. Even in light of skyrocketing campaign costs, the belief that major financial interests primarily determine who parties nominate and where they stand on the issues—that, in effect, Democrats and Republicans are merely the left and right wings of the "Property Party"—has been ignored by most political scientists. Offering evidence ranging from the nineteenth century to the 1994 mid-term elections, Golden Rule shows that voters are "right on the money." Thomas Ferguson breaks completely with traditional voter centered accounts of party politics. In its place he outlines an "investment approach," in which powerful investors, not unorganized voters, dominate campaigns and elections. Because businesses "invest" in political parties and their candidates, changes in industrial structures—between large firms and sectors—can alter the agenda of party politics and the shape of public policy. Golden Rule presents revised versions of widely read essays in which Ferguson advanced and tested his theory, including his seminal study of the role played by capital intensive multinationals and international financiers in the New Deal. The chapter "Studies in Money Driven Politics" brings this aspect of American politics into better focus, along with other studies of Federal Reserve policy making and campaign finance in the 1936 election. Ferguson analyzes how a changing world economy and other social developments broke up the New Deal system in our own time, through careful studies of the 1988 and 1992 elections. The essay on 1992 contains an extended analysis of the emergence of the Clinton coalition and Ross Perot's dramatic independent insurgency. A postscript on the 1994 elections demonstrates the controlling impact of money on several key campaigns. This controversial work by a theorist of money and politics in the U.S. relates to issues in campaign finance reform, PACs, policymaking, public financing, and how today's elections work.

The Foreign Policy Disconnect

Author: Benjamin I. Page
Publisher: University of Chicago Press
ISBN: 9780226644592
Release Date: 2008-09-15
Genre: Political Science

With world affairs so troubled, what kind of foreign policy should the United States pursue? Benjamin Page and Marshall Bouton look for answers in a surprising place: among the American people. Drawing on a series of national surveys conducted between 1974 and 2004, Page and Bouton reveal that—contrary to conventional wisdom—Americans generally hold durable, coherent, and sensible opinions about foreign policy. Nonetheless, their opinions often stand in opposition to those of policymakers, usually because of different interests and values, rather than superior wisdom among the elite. The Foreign Policy Disconnect argues that these gaps between leaders and the public are harmful, and that by using public opinion as a guideline policymakers could craft a more effective, sustainable, and democratic foreign policy. Page and Bouton support this argument by painting a uniquely comprehensive portrait of the military, diplomatic, and economic foreign policies Americans favor. They show, for example, that protecting American jobs is just as important to the public as security from attack, a goal the current administration seems to pursue single-mindedly. And contrary to some officials’ unilateral tendencies, the public consistently and overwhelmingly favors cooperative multilateral policy and participation in international treaties. Moreover, Americans’ foreign policy opinions are seldom divided along the usual lines: majorities of virtually all social, ideological, and partisan groups seek a policy that pursues the goals of security and justice through cooperative means. Written in a clear and engaging style, The Foreign Policy Disconnect calls, in an original voice, for a more democratic approach to creating such a policy.

Monetary Economies of Production

Author: Louis-Philippe Rochon
Publisher: Edward Elgar Publishing
ISBN: 9781781003954
Release Date: 2013-09-30
Genre: Business & Economics

With its central focus on money and its link with the production sphere, this book explores how best to adapt the fundamental ideas of the circulationist perspective to achieve a better understanding of the financialisation of the productive apparatus

Living with the Dragon

Author: Benjamin I Page
Publisher: Columbia University Press
ISBN: 9780231525497
Release Date: 2010-06-11
Genre: Political Science

It is widely believed that most Americans not only distrust but also despise China. Considering the country's violent political history, unprecedented economic rise, and growing military capabilities, China has become America's strongest market competitor and arguably the most challenging global threat to the United States. Nevertheless, a full consideration of American opinion proves the opposite to be true. Carefully analyzing all available polls and surveys, Benjamin I. Page and Tao Xie find most Americans favor peaceful engagement with China. The public view has been surprisingly coherent and consistent, changing only in response to major events and new information. While a majority of Americans are not happy that China's economy is projected to become as large as that of the United States, they are prepared to live with it. "Unfair" Chinese trade practices and their impact on American jobs and wages are a concern, along with the quality and safety of Chinese-made goods. However, Americans favor free trade with China, provided it is tempered with environmental and workplace protections. They also believe that the United States should "balance" Chinese power through alliances with neighboring countries, such as Japan. Yet they oppose military action to defend Taiwan. Page and Xie examine these opinions in relation to facts about China and in light of current U.S. debates on diplomacy and policy.

Ruling Capital

Author: Kevin P. Gallagher
Publisher: Cornell University Press
ISBN: 9780801454608
Release Date: 2014-12-18
Genre: Political Science

In Ruling Capital, Kevin P. Gallagher demonstrates how several emerging market and developing countries (EMDs) managed to reregulate cross-border financial flows in the wake of the global financial crisis, despite the political and economic difficulty of doing so at the national level. Gallagher also shows that some EMDs, particularly the BRICS coalition, were able to maintain or expand their sovereignty to regulate cross-border finance under global economic governance institutions. Gallagher combines econometric analysis with in-depth interviews with officials and interest groups in select emerging markets and policymakers at the International Monetary Fund, the World Trade Organization, and the G-20 to explain key characteristics of the global economy. Gallagher develops a theory of countervailing monetary power that shows how emerging markets can counter domestic and international opposition to the regulation of cross-border finance. Although many countries were able to exert countervailing monetary power in the wake of the crisis, such power was not sufficient to stem the magnitude of unstable financial flows that continue to plague the world economy. Drawing on this theory, Gallagher outlines the significant opportunities and obstacles to regulating cross-border finance in the twenty-first century.

Die 24 wichtigsten Regeln der Wirtschaft

Author: Henry Hazlitt
Publisher: FinanzBuch Verlag
ISBN: 9783862485932
Release Date: 2014-02-14
Genre: Business & Economics

In kaum einem Bereich spuken so viele Irrtümer herum wie in der Ökonomie. Zudem sind sie so weit verbreitet, dass sie als gültige Lehrmeinung angesehen werden. Themen wie staatliche Zinsmanipulation, Sparen, Inflation, Mindestlöhne oder Branchenrettung, wie die der Banken, sind aktueller und missverstandener denn je. Deshalb ist es wichtig zu wissen, was wirklich hinter den Begriffen steckt, wie sie zusammenwirken und welche praktischen Folgen (staatliche) Eingriffe haben. Niemand könnte ein Verständnis wirtschaftlicher Grundlagen besser vermitteln als Henry Hazlitt. Als einer der ganz Großen der Österreichischen Schule wird er in einem Atemzug mit Mises, Hayek und Rothbard genannt. Seine Begabung für elegante, populäre Darstellungen wirtschaftlicher Zusammenhänge haben dieses Buch entstehen lassen. In 24 kurzweiligen Kapiteln vermittelt er sein umfassendes Wissen, von Steuern über die Idee der Vollbeschäftigung bis zu Preisen und Inflation. Die 24 wichtigsten Regeln der Wirtschaft, ein Klassiker der Ökonomie jetzt auf Deutsch und heute noch so aktuell wie zur Erstveröffentlichung 1946.

Books in Print

Author:
Publisher:
ISBN: UOM:39015045491084
Release Date: 2001
Genre: American literature

Books in print is the major source of information on books currently published and in print in the United States. The database provides the record of forthcoming books, books in-print, and books out-of-print.

ECONned How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism

Author: Yves Smith
Publisher: St. Martin's Press
ISBN: 0230105734
Release Date: 2011-10-11
Genre: Business & Economics

Why are we in such a financial mess today? There are lots of proximate causes: over-leverage, global imbalances, bad financial technology that lead to widespread underestimation of risk. But these are all symptoms. Until we isolate and tackle fundamental causes, we will fail to extirpate the disease. ECONned is the first book to examine the unquestioned role of economists as policy-makers, and how they helped create an unmitigated economic disaster. Here, Yves Smith looks at how economists in key policy positions put doctrine before hard evidence, ignoring the deteriorating conditions and rising dangers that eventually led them, and us, off the cliff and into financial meltdown. Intelligently written for the layman, Smith takes us on a terrifying investigation of the financial realm over the last twenty-five years of misrepresentations, naive interpretations of economic conditions, rationalizations of bad outcomes, and rejection of clear signs of growing instability. In eConned, author Yves Smith reveals: --why the measures taken by the Obama Administration are mere palliatives and are unlikely to pave the way for a solid recovery --how economists have come to play a profoundly anti-democratic role in policy --how financial models and concepts that were discredited more than thirty years ago are still widely used by banks, regulators, and investors --how management and employees of major financial firms looted them, enriching themselves and leaving the mess to taxpayers --how financial regulation enabled predatory behavior by Wall Street towards investors --how economics has no theory of financial systems, yet economists fearlessly prescribe how to manage them

Der Preis der Ungleichheit

Author: Joseph Stiglitz
Publisher: Siedler Verlag
ISBN: 9783641098193
Release Date: 2012-10-08
Genre: Social Science

Viele Arme, wenige Reiche - Warum die wachsende Ungleichheit uns alle angeht Die Ungleichheit in der Welt nimmt zu: Immer weniger Menschen häufen immer größeren Reichtum an, während die Zahl der Armen wächst und die Mittelschicht vom Abstieg bedroht ist. Doch diese Entwicklung, so zeigt Nobelpreisträger Joseph Stiglitz in seinem neuen Bestseller, ist keine zwangsläufige Folge einer freien Marktwirtschaft, sondern Ergebnis einer globalisierten Ökonomie, die zunehmend vom reichsten einen Prozent der Bevölkerung beherrscht wird.

Are worker rights human rights

Author: Richard P. McIntyre
Publisher: Univ of Michigan Pr
ISBN: STANFORD:36105131797966
Release Date: 2008-08-15
Genre: Business & Economics

In a global economy, workers must assert their collective rights as workers in order to win human rights as individuals

Mein Leben f r die Wirtschaft

Author: Alan Greenspan
Publisher: Campus Verlag
ISBN: 9783593384092
Release Date: 2007-09-14
Genre: Biography & Autobiography

Alan Greenspan ist der bekannteste Banker der Welt. 18 Jahre lang war er als Vorsitzender der amerikanischen Notenbank der mächtigste Mann der Weltwirtschaft – und damit vermutlich mächtiger als der amerikanische Präsident. Niemand verfügt über tiefere Einsichten in die globale Wirtschaft als Greenspan. Jetzt berichtet er erstmals von seinen faszinierenden Erfahrungen und sagt uns, wie sich die Weltwirtschaft entwickeln wird.