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Economics And The Public Interest
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Book Synopsis Economics and the Public Interest by : Robert A. Solo
Download or read book Economics and the Public Interest written by Robert A. Solo and published by . This book was released on 1955 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Public Values and Public Interest by : Barry Bozeman
Download or read book Public Values and Public Interest written by Barry Bozeman and published by Georgetown University Press. This book was released on 2007-10-24 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic individualism and market-based values dominate today's policymaking and public management circles—often at the expense of the common good. In his new book, Barry Bozeman demonstrates the continuing need for public interest theory in government. Public Values and Public Interest offers a direct theoretical challenge to the "utility of economic individualism," the prevailing political theory in the western world. The book's arguments are steeped in a practical and practicable theory that advances public interest as a viable and important measure in any analysis of policy or public administration. According to Bozeman, public interest theory offers a dynamic and flexible approach that easily adapts to changing situations and balances today's market-driven attitudes with the concepts of common good advocated by Aristotle, Saint Thomas Aquinas, John Locke, and John Dewey. In constructing the case for adopting a new governmental paradigm based on what he terms "managing publicness," Bozeman demonstrates why economic indices alone fail to adequately value social choice in many cases. He explores the implications of privatization of a wide array of governmental services—among them Social Security, defense, prisons, and water supplies. Bozeman constructs analyses from both perspectives in an extended study of genetically modified crops to compare the policy outcomes using different core values and questions the public value of engaging in the practice solely for the sake of cheaper food. Thoughtful, challenging, and timely, Public Values and Public Interest shows how the quest for fairness can once again play a full part in public policy debates and public administration.
Book Synopsis Public Policy and the Public Interest by : Lok-sang Ho
Download or read book Public Policy and the Public Interest written by Lok-sang Ho and published by Routledge. This book was released on 2013-07-03 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a book on public policy, this book is unique in addressing explicitly the role of human nature. Only with a good understanding of human nature can policy makers address their foremost needs and anticipate how people may respond to specific designs in policy. This way policy makers can avoid "unintended consequences." The book also provides a new perspective on the meaning of public interest, which is based on intellectual roots dating back to J.S.Mill and more recently Harsanyi and Rawls. Traditionally, economists have referred to either the Hicksian criterion or the Kaldorian criterion as the yardstick to whether a policy is welfare enhancing, not realizing that both of these criteria fail abjectly in producing a convincing test for welfare improvement. This is because ex post, typically some people will gain and some people will lose from any policy. The author argues for an alternative, ex ante welfare increase criterion that is based on how people would assess a policy if they were completely impartial and totally ignored their personal interests. It applies the principles to key policy concerns such as health policy, tort law reform, education and cultural policy, and pension reform. The healthcare reform proposals in the book illustrate the application of the principles. The author proposes a basic protection plan under which standard basic healthcare services are priced the same whether they are provided by public or private caregivers—at levels that can contain both demand side and supply side moral hazard. Annual eligible healthcare expenses are capped to alleviate worries. A "Lifetime Healthcare Supplement" that includes an element of risk sharing adds to patients’ choice and protection without compromising fiscal sustainability.
Book Synopsis Economics and the Public Interest by : Robert A. Solo
Download or read book Economics and the Public Interest written by Robert A. Solo and published by . This book was released on 1955 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economics and the Public Purpose by : John Kenneth Galbraith
Download or read book Economics and the Public Purpose written by John Kenneth Galbraith and published by Boston : Houghton Mifflin. This book was released on 1973 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Criticism of the present economic system of the USA and proposals for comprehensive economic policy reform - covers the general economic theory of advanced economic development, consumption, and the concept of the household, the market system in relation to the service sector and the self employed, economic planning, price policy, inflation, income distribution, fiscal policy, the environment, technological change, the role of women, etc.
Book Synopsis Regulation and Public Interests by : Steven P. Croley
Download or read book Regulation and Public Interests written by Steven P. Croley and published by Princeton University Press. This book was released on 2009-01-10 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: Not since the 1960s have U.S. politicians, Republican or Democrat, campaigned on platforms defending big government, much less the use of regulation to help solve social ills. And since the late 1970s, "deregulation" has become perhaps the most ubiquitous political catchword of all. This book takes on the critics of government regulation. Providing the first major alternative to conventional arguments grounded in public choice theory, it demonstrates that regulatory government can, and on important occasions does, advance general interests. Unlike previous accounts, Regulation and Public Interests takes agencies' decision-making rules rather than legislative incentives as a central determinant of regulatory outcomes. Drawing from both political science and law, Steven Croley argues that such rules, together with agencies' larger decision-making environments, enhance agency autonomy. Agency personnel inclined to undertake regulatory initiatives that generate large but diffuse benefits (while imposing smaller but more concentrated costs) can use decision-making rules to develop socially beneficial regulations even over the objections of Congress and influential interest groups. This book thus provides a qualified defense of regulatory government. Its illustrative case studies include the development of tobacco rulemaking by the Food and Drug Administration, ozone and particulate matter rules by the Environmental Protection Agency, the Forest Service's "roadless" policy for national forests, and regulatory initiatives by the Securities and Exchange Commission and the Federal Trade Commission.
Book Synopsis The SEC and the Public Interest by : Susan M. Phillips
Download or read book The SEC and the Public Interest written by Susan M. Phillips and published by MIT Press (MA). This book was released on 1981-04-01 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: An insightful look at the changing role and reputation of the Securities Exchange Commission since its foundation in 1934.
Book Synopsis Economics and the Public Welfare by : Benjamin McAlester Anderson
Download or read book Economics and the Public Welfare written by Benjamin McAlester Anderson and published by Laissez Faire Books. This book was released on 1949 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Milton Friedman written by Robert Cord and published by Oxford University Press. This book was released on 2016 with total page 887 pages. Available in PDF, EPUB and Kindle. Book excerpt: Milton Friedman is regarded as one of the most influential economists of the twentieth century. This volume assesses the importance of the full range of Friedman's ideas, from his work on methodology in economics, and his consumption theory, his research on monetary economics, to his views on contentious social and political issues such as education, conscription, and drugs. It also presents personal recollections of Friedman by some of those who knew him, both asstudents and colleagues, and offers new evidence on Friedman's interactions with other noted economists. The volume provides readers with an up to date account of Friedman's continuing influence andwill help to stimulate further research across a variety of areas, including macroeconomics, the history of economic thought, and public policy. With contributions from a stellar cast, this book will be invaluable to academics and students alike.
Book Synopsis Economics for the Common Good by : Jean Tirole
Download or read book Economics for the Common Good written by Jean Tirole and published by Princeton University Press. This book was released on 2019-05-14 with total page 582 pages. Available in PDF, EPUB and Kindle. Book excerpt: "When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a 'dismal science,' is a positive force for the common good. Economists are rewarded for writing technical papers in scholarly journals, not joining in public debates. But Tirole says we urgently need economists to engage with the many challenges facing society, helping to identify our key objectives and the tools needed to meet them. To show how economics can help us realize the common good, Tirole shares his insights on a broad array of questions affecting our everyday lives and the future of our society, including global warming, unemployment, the post-2008 global financial order, the euro crisis, the digital revolution, innovation, and the proper balance between the free market and regulation. Providing a rich account of how economics can benefit everyone, Economics for the Common Good sets a new agenda for the role of economics in society"--Provided by publisher.
Book Synopsis CoDesign for Public-Interest Services by : Daniela Selloni
Download or read book CoDesign for Public-Interest Services written by Daniela Selloni and published by Springer. This book was released on 2017-03-20 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: This books focuses on co-design, and more specifically, on the various forms co-design might take to tackle the most pressing societal challenges, introducing public-interest services as the main application field. To do so, it presents an extensive study conducted within a particular community of residents in Milan: this is a social innovation story integrated into the discipline of service design, which simultaneously deepens the related concepts of co-design, co-production and co-management of services. Drawing upon this experience and further studies, the book presents the idea of a collaborative infrastructure and its related infrastructuring process in ten steps, in order to explore the issues of incubation and replication of services and to extensively investigate the creation of those experimental spaces in which citizen participation is fostered and innovation in the public realm is pursued. Lastly, the book develops other lines of reflection on co-design seen, for example, as a form of cultural activism, as an instrument for building citizenship, and as a key competence for the public administration and thus as a public service itself. The idea of co-design as a way to regenerate the practices of democracy is a recurring theme throughout the book: co-design is a process that seeks to change the state of things and it is intentionally presented as a long and complex path in which the role of designer is not only that of a facilitator, but also that of a cultural operator who contributes with ideas and visions, hopefully fostering a real cultural change.
Book Synopsis Pricing Power & the Public Interest by : Gardiner Coit Means
Download or read book Pricing Power & the Public Interest written by Gardiner Coit Means and published by New York, Harper. This book was released on 1962 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Money Interest and the Public Interest by : Perry Mehrling
Download or read book The Money Interest and the Public Interest written by Perry Mehrling and published by Harvard University Press. This book was released on 2010-05 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perry Mehrling tells a story of continuity around the crucial question of the role of money in American democracy through the ideas and lives of three prominent institutionalists--Allyn Young, Alvin Hansen, and Edward Shaw.
Book Synopsis Social Media and the Public Interest by : Philip M. Napoli
Download or read book Social Media and the Public Interest written by Philip M. Napoli and published by Columbia University Press. This book was released on 2019-08-27 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: Facebook, a platform created by undergraduates in a Harvard dorm room, has transformed the ways millions of people consume news, understand the world, and participate in the political process. Despite taking on many of journalism’s traditional roles, Facebook and other platforms, such as Twitter and Google, have presented themselves as tech companies—and therefore not subject to the same regulations and ethical codes as conventional media organizations. Challenging such superficial distinctions, Philip M. Napoli offers a timely and persuasive case for understanding and governing social media as news media, with a fundamental obligation to serve the public interest. Social Media and the Public Interest explores how and why social media platforms became so central to news consumption and distribution as they met many of the challenges of finding information—and audiences—online. Napoli illustrates the implications of a system in which coders and engineers drive out journalists and editors as the gatekeepers who determine media content. He argues that a social media–driven news ecosystem represents a case of market failure in what he calls the algorithmic marketplace of ideas. To respond, we need to rethink fundamental elements of media governance based on a revitalized concept of the public interest. A compelling examination of the intersection of social media and journalism, Social Media and the Public Interest offers valuable insights for the democratic governance of today’s most influential shapers of news.
Book Synopsis Economics of Good and Evil by : Tomas Sedlacek
Download or read book Economics of Good and Evil written by Tomas Sedlacek and published by Oxford University Press. This book was released on 2011-07-01 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tomas Sedlacek has shaken the study of economics as few ever have. Named one of the "Young Guns" and one of the "five hot minds in economics" by the Yale Economic Review, he serves on the National Economic Council in Prague, where his provocative writing has achieved bestseller status. How has he done it? By arguing a simple, almost heretical proposition: economics is ultimately about good and evil. In The Economics of Good and Evil, Sedlacek radically rethinks his field, challenging our assumptions about the world. Economics is touted as a science, a value-free mathematical inquiry, he writes, but it's actually a cultural phenomenon, a product of our civilization. It began within philosophy--Adam Smith himself not only wrote The Wealth of Nations, but also The Theory of Moral Sentiments--and economics, as Sedlacek shows, is woven out of history, myth, religion, and ethics. "Even the most sophisticated mathematical model," Sedlacek writes, "is, de facto, a story, a parable, our effort to (rationally) grasp the world around us." Economics not only describes the world, but establishes normative standards, identifying ideal conditions. Science, he claims, is a system of beliefs to which we are committed. To grasp the beliefs underlying economics, he breaks out of the field's confines with a tour de force exploration of economic thinking, broadly defined, over the millennia. He ranges from the epic of Gilgamesh and the Old Testament to the emergence of Christianity, from Descartes and Adam Smith to the consumerism in Fight Club. Throughout, he asks searching meta-economic questions: What is the meaning and the point of economics? Can we do ethically all that we can do technically? Does it pay to be good? Placing the wisdom of philosophers and poets over strict mathematical models of human behavior, Sedlacek's groundbreaking work promises to change the way we calculate economic value.
Book Synopsis Market-Driven Politics by : Colin Leys
Download or read book Market-Driven Politics written by Colin Leys and published by Verso. This book was released on 2003-07-17 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an original analysis of the key processes of commodification of public services, the conversion of public-service workforces into employees motivated to generate profit, and the role of the state in absorbing risk.
Book Synopsis Narrative Economics by : Robert J. Shiller
Download or read book Narrative Economics written by Robert J. Shiller and published by Princeton University Press. This book was released on 2020-09-01 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Nobel Prize–winning economist and New York Times bestselling author Robert Shiller, a groundbreaking account of how stories help drive economic events—and why financial panics can spread like epidemic viruses Stories people tell—about financial confidence or panic, housing booms, or Bitcoin—can go viral and powerfully affect economies, but such narratives have traditionally been ignored in economics and finance because they seem anecdotal and unscientific. In this groundbreaking book, Robert Shiller explains why we ignore these stories at our peril—and how we can begin to take them seriously. Using a rich array of examples and data, Shiller argues that studying popular stories that influence individual and collective economic behavior—what he calls "narrative economics"—may vastly improve our ability to predict, prepare for, and lessen the damage of financial crises and other major economic events. The result is nothing less than a new way to think about the economy, economic change, and economics. In a new preface, Shiller reflects on some of the challenges facing narrative economics, discusses the connection between disease epidemics and economic epidemics, and suggests why epidemiology may hold lessons for fighting economic contagions.