Men Without Work

Author: Nicholas Eberstadt
Publisher: Templeton Foundation Press
ISBN: 9781599474700
Release Date: 2016-09-12
Genre: Political Science

By one reading, things look pretty good for Americans today: the country is richer than ever before and the unemployment rate is down by half since the Great Recession—lower today, in fact, than for most of the postwar era. But a closer look shows that something is going seriously wrong. This is the collapse of work—most especially among America’s men. Nicholas Eberstadt, a political economist who holds the Henry Wendt Chair in Political Economy at the American Enterprise Institute, shows that while “unemployment” has gone down, America’s work rate is also lower today than a generation ago—and that the work rate for US men has been spiraling downward for half a century. Astonishingly, the work rate for American males aged twenty-five to fifty-four—or “men of prime working age”—was actually slightly lower in 2015 than it had been in 1940: before the War, and at the tail end of the Great Depression. Today, nearly one in six prime working age men has no paid work at all—and nearly one in eight is out of the labor force entirely, neither working nor even looking for work. This new normal of “men without work,” argues Eberstadt, is “America’s invisible crisis.” So who are these men? How did they get there? What are they doing with their time? And what are the implications of this exit from work for American society? Nicholas Eberstadt lays out the issue and Jared Bernstein from the left and Henry Olsen from the right offer their responses to this national crisis. For more information, please visit http://menwithoutwork.com.

A Nation of Takers

Author: Nicholas Eberstadt
Publisher: Templeton Foundation Press
ISBN: 9781599474366
Release Date: 2012-10-10
Genre: Political Science

In A Nation of Takers: America’s Entitlement Epidemic, one of our country’s foremost demographers, Nicholas Eberstadt, details the exponential growth in entitlement spending over the past fifty years. As he notes, in 1960, entitlement payments accounted for well under a third of the federal government’s total outlays. Today, entitlement spending accounts for a full two-thirds of the federal budget. Drawing on an impressive array of data and employing a range of easy- to- read, four color charts, Eberstadt shows the unchecked spiral of spending on a range of entitlements, everything from medicare to disability payments. But Eberstadt does not just chart the astonishing growth of entitlement spending, he also details the enormous economic and cultural costs of this epidemic. He powerfully argues that while this spending certainly drains our federal coffers, it also has a very real,long-lasting, negative impact on the character of our citizens. Also included in the book is a response from one of our leading political theorists, William Galston. In his incisive response, he questions Eberstadt’s conclusions about the corrosive effect of entitlements on character and offers his own analysis of the impact of American entitlement growth.

Unintended Consequences

Author: Edward Conard
Publisher: Portfolio
ISBN: 9781591846307
Release Date: 2013-04-30
Genre: Business & Economics

Presents a counterintuitive assessment of the financial crisis to identify what the author believes were its actual causes, outlining recommended changes for strengthening the nation's economy.

The Upside of Inequality

Author: Edward Conard
Publisher: Penguin
ISBN: 9780698409910
Release Date: 2016-09-13
Genre: Business & Economics

The scourge of America’s economy isn't the success of the 1 percent—quite the opposite. The real problem is the government’s well-meaning but misguided attempt to reduce the payoffs for success. Four years ago, Edward Conard wrote a controversial bestseller, Unintended Consequences, which set the record straight on the financial crisis of 2008 and explained why U.S. growth was accelerating relative to other high-wage economies. He warned that loose monetary policy would produce neither growth nor inflation, that expansionary fiscal policy would have no lasting benefit on growth in the aftermath of the crisis, and that ill-advised attempts to rein in banking based on misplaced blame would slow an already weak recovery. Unfortunately, he was right. Now he’s back with another provocative argument: that our current obsession with income inequality is misguided and will only slow growth further. Using fact-based logic, Conard tracks the implications of an economy now constrained by both its capacity for risk-taking and by a shortage of properly trained talent—rather than by labor or capital, as was the case historically. He uses this fresh perspective to challenge the conclusions of liberal economists like Larry Summers and Joseph Stiglitz and the myths of “crony capitalism” more broadly. Instead, he argues that the growing wealth of most successful Americans is not to blame for the stagnating incomes of the middle and working classes. If anything, the success of the 1 percent has put upward pressure on employment and wages. Conard argues that high payoffs for success motivate talent to get the training and take the risks that gradually loosen the constraints to growth. Well-meaning attempts to decrease inequality through redistribution dull these incentives, gradually hurting not just the 1 percent but everyone else as well. Conard outlines a plan for growing middle- and working-class wages in an economy with a near infinite supply of labor that is shifting from capital-intensive manufacturing to knowledge-intensive, innovation-driven fields. He urges us to stop blaming the success of the 1 percent for slow wage growth and embrace the upside of inequality: faster growth and greater prosperity for everyone. From the Hardcover edition.

Education Matters

Author: Robert J. Barro
Publisher: Oxford University Press, USA
ISBN: 9780199379231
Release Date: 2015
Genre: Business & Economics

Education has significant and far-reaching effects not only on individuals, but also on the societies in which they live and to which they contribute. The education level of a population affects how a country supports itself and others and the degree to which it can participate in the global field. While everyone from politicians to policymakers to celebrities has stressed the importance of education, there has not been-until now-a vigorous yet comprehensible examination of data to support what has long been common knowledge: education matters. In Education Matters: Global Gains from the 19th to the 21st Century, renowned economists Robert Barro and Jong-Wha Lee present a revolutionary new data set on education in 146 countries since 1870 and projected through 2040. With case studies from the United States, China, and Korea, Barro and Lee evaluate schooling both quantitatively and qualitatively and assess the role of education in political development. The book also addresses sensitive and controversial topics, such as international disparities in education and the role of education in modernization and development. Both challenging and enlightening,Education Matters has exciting implications for the future of education and promises to be a ground-breaking work in the fields of economics and educational attainment. In this comprehensive study, Barro and Lee establish the critical role that education plays - particularly for women and girls - in economic growth, fertility, and democracy. Engaging and informative,Education Matters is a compelling read for students, scholars, and anyone with a passion for education.

Fewer

Author: Ben J. Wattenberg
Publisher: Ivan R Dee
ISBN: STANFORD:36105114241909
Release Date: 2004-01-01
Genre: Literary Criticism

"What Mr. Wattenberg has to say about the impact of declining world population will underline its profound impact on the lives of people everywhere - from the dominance of the elderly and their demands on the resources of their governments, to the enormous potential of China and India, to the relatively privileged position of the United States vis-a-vis the major world powers. In an age already beset by a transformation in world politics, Fewer will help explain current trends as well as sketch the shape of our future."--BOOK JACKET.

The Youth Unemployment Crisis A Reference Handbook

Author: Christina G. Villegas
Publisher: ABC-CLIO
ISBN: 9781440859755
Release Date: 2018-12-31
Genre: Social Science

Surveys the history of youth unemployment and identifies key issues underlying the current crisis. • Explains the nature, scope, and consequences of the youth unemployment crisis in a way that is accessible for general readers • Includes a perspectives chapter that allows for the voices of many individuals to be heard, including those of policy experts and advocates for disenfranchised youth • Gives general readers a better of understanding of who is involved in combating the youth unemployment crisis and provides a foundation for further research in profile and references chapters, respectively • Explores the role that politics played in causing the crisis and how policy could better address it

Bring Back the Bureaucrats

Author: John DiIulio
Publisher: Templeton Foundation Press
ISBN: 9781599474687
Release Date: 2014-09-02
Genre: Political Science

In Bring Back the Bureaucrats, John J. DiIulio Jr., one of America’s most respected political scientists and an adviser to presidents in both parties, summons the facts and statistics to show us how America’s big government actually works and why reforms that include adding a million more people to the federal workforce by 2035 might actually help to slow government’s growth while improving its performance. Starting from the underreported reality that the size of the federal workforce hasn’t increased since the early 1960s even though the federal budget has skyrocketed and the number of federal programs has ballooned, Bring Back the Bureaucrats tells us what our elected leaders won’t: there simply are not enough federal workers to do work that’s critical to our democracy. Government in America, DiIulio reveals, is Leviathan by Proxy, a grotesque form of debt-financed big government that guarantees bad government: • Washington relies on state and local governments, for-profit firms, and nonprofit organizations to implement federal policies and programs. Big-city mayors, defense industry contractors, nonprofit executives and other federal proxies lobby incessantly for more federal spending. • The proxy system chokes on chores as distinct as cleaning up toxic waste sites, caring for hospitalized veterans, collecting taxes, handling plutonium, and policing more than $100 billion a year in “improper payments.” • The lack of enough competent, well-trained federal civil servants figured in the failed federal response to Hurricane Katrina and in the troubled launch of Obamacare “health exchanges,” Bring Back the Bureaucrats is further distinguished by the presence of E. J. Dionne Jr. and Charles Murray, two of the most astute voices from the political left and right, respectively, who offer their candid responses to DiIulio at the end of the book.

The Triumph of Politics

Author: David Stockman
Publisher: PublicAffairs
ISBN: 9781610392785
Release Date: 2013-03-26
Genre: History

As Director of the Office of Management and Budget in the early 1980s, David Stockman was a chief architect of the Reagan Revolution—a bold plan to cut taxes and reduce the scope and cost of government. The Triumph of Politics was Stockman’s frontline report of the miscalculations, manipulations, and political intrigues that led to its failure. A major publishing event and New York Times bestseller in its day, The Triumph of Politics is still startling relevant to the conduct of Washington politics today.

The Unloved Dollar Standard

Author: Ronald I. McKinnon
Publisher: Oxford University Press
ISBN: 9780199937004
Release Date: 2013-01-31
Genre: Business & Economics

Th world dollar standard greatly facilitates international exchange. Since the Bretton Woods Agreement of 1945, the dollar has been the key currency for clearing international payments among banks, including government interventions to set exchange rates. IT is the dominant currency for invoicing trade in primary commodities and official exchange reserves.

The Poverty of Communism

Author: Nicholas Eberstadt
Publisher: Routledge
ISBN: 9781351476676
Release Date: 2017-09-29
Genre: Political Science

One third of the world's population today lives under governments that consider themselves to be Marxist-Leninist. In many of these places, severe poverty was endemic in the years before Communist authorities came to power. Communist governments claim to have a special understanding into and effectiveness in dealing with problems of poverty. Marxist-Leninist rulers have been in power for nearly thirty years in Cuba, nearly forty years in China, and over sixty-five years in the Soviet Union. How do the poor fare in such places today?Western intellectuals often assume there is an inevitable tradeoff between bread and freedom under communism. What populations lose in the way of civil and political rights, they gain in social guarantees that protect them against material hardship. In The Poverty of Communism, Nick Eberstadt challenges this assumption and shatters it. He shows that Communist governments in a wide variety of settings have been no more successful in attending to the material needs of the most vulnerable segments of the populations they govern than non-Communist governments against which they might most readily be compared. Indeed, measured by the health, literacy, and nutrition of their people, Communist governments may today be less effective in dealing with poverty than are non-Communist governments.The Poverty of Communism is a pathbreaking investigation. In a series of separate studies, Eberstadt analyzes the performance of Communist governments in the Soviet Union, Eastern Europe, China, and Cuba. This is the first scholarly effort to assess the record of Communist governments with respect to poverty in a detailed and comprehensive fashion. Well written, carefully argued, and reflecting a sweeping range of knowledge, The Poverty of Communism will be of interest to specialists in the countries investigated as well as those concerned with comparative economic and political development. Above all, it gives test

The Complacent Class

Author: Tyler Cowen
Publisher:
ISBN: 9781250108692
Release Date: 2017-02-28
Genre: Business & Economics

"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 ... Tyler Cowen, is that Americans today have broken from this tradition--we're working harder than ever to avoid change ... Cowen [believes that] there are significant collateral downsides attending this comfort, among them heightened inequality and segregation and decreased incentives to innovate and create"--Amazon.com.

The Welfare of Nations

Author: James Bartholomew
Publisher: Cato Institute
ISBN: 9781939709929
Release Date: 2016-11-15
Genre: Political Science

What damage is being done by failing welfare states? What lessons can be learned from the best welfare states? And—is it too late to stop welfare states from permanently diminishing the lives and liberties of people around the world? Traveling around the globe, James Bartholomew examines welfare models, searching for the best education, health care, and support services in 11 vastly different countries; illuminating the advantages and disadvantages of other nations' welfare states; and delving into crucial issues such as literacy, poverty, and inequality. This is a hard-hitting and provocative contribution to understanding how welfare states, as the defining form of government today, are changing the very nature of modern civilization.

The End of Men

Author: Hanna Rosin
Publisher: Penguin
ISBN: 9781101596920
Release Date: 2012-09-11
Genre: Social Science

“You have to…play by the rules so you can get to the top and change things.” -- Sheryl Sandberg A landmark portrait of women, men, and power in a transformed world Men have been the dominant sex since, well, the dawn of mankind. But Hanna Rosin was the first to notice that this long-held truth is, astonishingly, no longer true. At this unprecedented moment, by almost every measure, women are no longer gaining on men: They have pulled decisively ahead. And “the end of men”—the title of Rosin’s Atlantic cover story on the subject—has entered the lexicon as dramatically as Betty Friedan’s “feminine mystique,” Simone de Beauvoir’s “second sex,” Susan Faludi’s “backlash,” and Naomi Wolf’s “beauty myth” once did. In this landmark book, Rosin reveals how this new state of affairs is radically shifting the power dynamics between men and women at every level of society, with profound implications for marriage, sex, children, work, and more. With wide-ranging curiosity and insight unhampered by assumptions or ideology, Rosin shows how the radically different ways men and women today earn, learn, spend, couple up—even kill—has turned the big picture upside down. And in The End of Men she helps us see how, regardless of gender, we can adapt to the new reality and channel it for a better future.