Wealth, Poverty and Politics

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Author :
Publisher : Basic Books
ISBN 13 : 0465096778
Total Pages : 576 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis Wealth, Poverty and Politics by : Thomas Sowell

Download or read book Wealth, Poverty and Politics written by Thomas Sowell and published by Basic Books. This book was released on 2016-09-06 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Wealth, Poverty and Politics

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Author :
Publisher : Hachette UK
ISBN 13 : 0465096778
Total Pages : 576 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis Wealth, Poverty and Politics by : Thomas Sowell

Download or read book Wealth, Poverty and Politics written by Thomas Sowell and published by Hachette UK. This book was released on 2016-09-06 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Wealth, Poverty and Politics

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Author :
Publisher : Basic Books
ISBN 13 : 9780465096763
Total Pages : 0 pages
Book Rating : 4.0/5 (967 download)

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Book Synopsis Wealth, Poverty and Politics by : Thomas Sowell

Download or read book Wealth, Poverty and Politics written by Thomas Sowell and published by Basic Books. This book was released on 2016-09-06 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A revised and enlarged edition of Thomas Sowell's essential examination of differences of wealth and income between nations and within nations Wealth, Poverty and Politics challenges the assumptions, the definitions, the evidence and the reasoning of most of what is said about differences of income and wealth by people in the media, in academia and in politics. After an extensive examination of factors behind the economic differences between nations and within nations -- including geographic, demographic, cultural and political factors -- the last section of the book is a searching critique of leading income redistributionists, from John Rawls to Thomas Piketty and Nobel laureates in economics Paul Krugman, Angus Deaton and Joseph Stiglitz. Among the more heartening findings from history are the individuals, groups and nations that have risen from poverty and backwardness to prosperity and achievements on the frontiers of human progress. Among the more painful findings are counterproductive creeds and policies that have needlessly prolonged poverty and dependency among lagging groups in countries around the world, and whipped up resentments -- and sometimes violence -- against more productive and successful minorities in many places and times. Although Wealth, Poverty and Politics offers many new analyses and insights, it is essentially a fact-based study which subjects many beliefs, from various parts of the ideological spectrum, to the ultimate test of empirical evidence. These challenged beliefs about the causes of economic differences range from genetic determinism to exploitation and discrimination. In each case, the analysis follows where the facts lead, whether that is verification, refutation or some combination of the two. Its guiding principle is expressed in a quotation from the late Daniel Patrick Moynihan that opens the final section of the book: "You're entitled to your own opinions, but you're not entitled to your own facts."

Winner-Take-All Politics

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Author :
Publisher : Simon and Schuster
ISBN 13 : 1416588701
Total Pages : 368 pages
Book Rating : 4.4/5 (165 download)

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Book Synopsis Winner-Take-All Politics by : Jacob S. Hacker

Download or read book Winner-Take-All Politics written by Jacob S. Hacker and published by Simon and Schuster. This book was released on 2010 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzes the growing divide between the incomes of the wealthy class and those of middle-income Americans, exonerating popular suspects to argue that the nation's political system promotes greed and under-representation.

Behind the Development Banks

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Publisher : University of Chicago Press
ISBN 13 : 0226033678
Total Pages : 331 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Behind the Development Banks by : Sarah Babb

Download or read book Behind the Development Banks written by Sarah Babb and published by University of Chicago Press. This book was released on 2009-08-01 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Savage Economics

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Author :
Publisher : Routledge
ISBN 13 : 1135265046
Total Pages : 247 pages
Book Rating : 4.1/5 (352 download)

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Book Synopsis Savage Economics by : David L. Blaney

Download or read book Savage Economics written by David L. Blaney and published by Routledge. This book was released on 2010-01-04 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: Challenges the powerful and pervasive ideas concerning political economy, international relations, and ethics in the modern world. This title provides a fundamental cultural critique of political economy and critically describes the nature of the mainstream understanding of economics.

Wealth, Poverty and Politics

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Author :
Publisher : Basic Books
ISBN 13 : 9780465082933
Total Pages : 0 pages
Book Rating : 4.0/5 (829 download)

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Book Synopsis Wealth, Poverty and Politics by : Thomas Sowell

Download or read book Wealth, Poverty and Politics written by Thomas Sowell and published by Basic Books. This book was released on 2015-09-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Intellectuals and Race

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Author :
Publisher : Basic Books (AZ)
ISBN 13 : 0465058728
Total Pages : 194 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis Intellectuals and Race by : Thomas Sowell

Download or read book Intellectuals and Race written by Thomas Sowell and published by Basic Books (AZ). This book was released on 2013-03-12 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intellectuals and Race is a radical book in the original sense of one that goes to the root of the problem. The role of intellectuals in racial strife is explored in an international context that puts the American experience in a wholly new light. The views of individual intellectuals have spanned the spectrum, but the views of intellectuals as a whole have tended to cluster. Indeed, these views have clustered at one end of the spectrum in the early twentieth century and then clustered at the opposite end of the spectrum in the late twentieth century. Moreover, these radically different views of race in these two eras were held by intellectuals whose views on other issues were very similar in both eras. Intellectuals and Race is not, however, a book about history, even though it has much historical evidence, as well as demographic, geographic, economic and statistical evidence-- all of it directed toward testing the underlying assumptions about race that have prevailed at times among intellectuals in general, and especially intellectuals at the highest levels. Nor is this simply a theoretical exercise. The impact of intellectuals' ideas and crusades on the larger society, both past and present, is the ultimate concern. These ideas and crusades have ranged widely from racial theories of intelligence to eugenics to "social justice" and multiculturalism. In addition to in-depth examinations of these and other issues, Intellectuals and Race explores the incentives, the visions and the rationales that drive intellectuals at the highest levels to conclusions that have often turned out to be counterproductive and even disastrous, not only for particular racial or ethnic groups, but for societies as a whole.

Discrimination and Disparities

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Author :
Publisher : Basic Books
ISBN 13 : 1541617835
Total Pages : 320 pages
Book Rating : 4.5/5 (416 download)

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Book Synopsis Discrimination and Disparities by : Thomas Sowell

Download or read book Discrimination and Disparities written by Thomas Sowell and published by Basic Books. This book was released on 2019-03-05 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: An enlarged edition of Thomas Sowell's brilliant examination of the origins of economic disparities Economic and other outcomes differ vastly among individuals, groups, and nations. Many explanations have been offered for the differences. Some believe that those with less fortunate outcomes are victims of genetics. Others believe that those who are less fortunate are victims of the more fortunate. Discrimination and Disparities gathers a wide array of empirical evidence to challenge the idea that different economic outcomes can be explained by any one factor, be it discrimination, exploitation, or genetics. This revised and enlarged edition also analyzes the human consequences of the prevailing social vision of these disparities and the policies based on that vision--from educational disasters to widespread crime and violence.

Why Americans Hate Welfare

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226293661
Total Pages : 308 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis Why Americans Hate Welfare by : Martin Gilens

Download or read book Why Americans Hate Welfare written by Martin Gilens and published by University of Chicago Press. This book was released on 2009-05-13 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tackling one of the most volatile issues in contemporary politics, Martin Gilens's work punctures myths and misconceptions about welfare policy, public opinion, and the role of the media in both. Why Americans Hate Welfare shows that the public's views on welfare are a complex mixture of cynicism and compassion; misinformed and racially charged, they nevertheless reflect both a distrust of welfare recipients and a desire to do more to help the "deserving" poor. "With one out of five children currently living in poverty and more than 100,000 families with children now homeless, Gilens's book is must reading if you want to understand how the mainstream media have helped justify, and even produce, this state of affairs." —Susan Douglas, The Progressive "Gilens's well-written and logically developed argument deserves to be taken seriously." —Choice "A provocative analysis of American attitudes towards 'welfare.'. . . [Gilens] shows how racial stereotypes, not white self-interest or anti-statism, lie at the root of opposition to welfare programs." -Library Journal

A Conflict of Visions

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Author :
Publisher : Basic Books
ISBN 13 : 0465004660
Total Pages : 308 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis A Conflict of Visions by : Thomas Sowell

Download or read book A Conflict of Visions written by Thomas Sowell and published by Basic Books. This book was released on 2007-06-05 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thomas Sowell’s “extraordinary” explication of the competing visions of human nature lie at the heart of our political conflicts (New York Times) Controversies in politics arise from many sources, but the conflicts that endure for generations or centuries show a remarkably consistent pattern. In this classic work, Thomas Sowell analyzes this pattern. He describes the two competing visions that shape our debates about the nature of reason, justice, equality, and power: the "constrained" vision, which sees human nature as unchanging and selfish, and the "unconstrained" vision, in which human nature is malleable and perfectible. A Conflict of Visions offers a convincing case that ethical and policy disputes circle around the disparity between both outlooks.

Worlds Apart

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Publisher : Yale University Press
ISBN 13 : 0300196598
Total Pages : 329 pages
Book Rating : 4.3/5 (1 download)

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Book Synopsis Worlds Apart by : Cynthia M. Duncan

Download or read book Worlds Apart written by Cynthia M. Duncan and published by Yale University Press. This book was released on 2014-01-01 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over five years, sociologist Cynthia Duncan visited remote rural areas across the U.S. and conducted 350 in-depth interviews with the residents to unravel the ways in which poverty is perpetuated--and what can be done to alleviate the problem. Illustrations.

Wealth And Poverty Of Nations

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Author :
Publisher : Hachette UK
ISBN 13 : 0349141444
Total Pages : 672 pages
Book Rating : 4.3/5 (491 download)

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Book Synopsis Wealth And Poverty Of Nations by : David S. Landes

Download or read book Wealth And Poverty Of Nations written by David S. Landes and published by Hachette UK. This book was released on 2015-04-20 with total page 672 pages. Available in PDF, EPUB and Kindle. Book excerpt: The history of nations is a history of haves and have-nots, and as we approach the millennium, the gap between rich and poor countries is widening. In this engrossing and important new work, eminent historian David Landes explores the complex, fascinating and often startling causes of the wealth and poverty of nations. The answers are found not only in the large forces at work in economies: geography, religion, the broad swings of politics, but also in the small surprising details. In Europe, the invention of spectacles doubled the working life of skilled craftsmen, and played a prominent role in the creation of articulated machines, and in China, the failure to adopt the clock fundamentally hindered economic development. The relief of poverty is vital to the survival of us all. As David Landes brilliantly shows, the key to future success lies in understanding the lessons the past has to teach us - lessons uniquely imparted in this groundbreaking and vital book which exemplifies narrative history at its best.

Why Nations Fail

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Author :
Publisher : Currency
ISBN 13 : 0307719227
Total Pages : 546 pages
Book Rating : 4.3/5 (77 download)

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Book Synopsis Why Nations Fail by : Daron Acemoglu

Download or read book Why Nations Fail written by Daron Acemoglu and published by Currency. This book was released on 2013-09-17 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

From Wealth to Power

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Author :
Publisher : Princeton University Press
ISBN 13 : 1400829186
Total Pages : 210 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis From Wealth to Power by : Fareed Zakaria

Download or read book From Wealth to Power written by Fareed Zakaria and published by Princeton University Press. This book was released on 1999-07-26 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: What turns rich nations into great powers? How do wealthy countries begin extending their influence abroad? These questions are vital to understanding one of the most important sources of instability in international politics: the emergence of a new power. In From Wealth to Power, Fareed Zakaria seeks to answer these questions by examining the most puzzling case of a rising power in modern history--that of the United States. If rich nations routinely become great powers, Zakaria asks, then how do we explain the strange inactivity of the United States in the late nineteenth century? By 1885, the U.S. was the richest country in the world. And yet, by all military, political, and diplomatic measures, it was a minor power. To explain this discrepancy, Zakaria considers a wide variety of cases between 1865 and 1908 when the U.S. considered expanding its influence in such diverse places as Canada, the Dominican Republic, and Iceland. Consistent with the realist theory of international relations, he argues that the President and his administration tried to increase the country's political influence abroad when they saw an increase in the nation's relative economic power. But they frequently had to curtail their plans for expansion, he shows, because they lacked a strong central government that could harness that economic power for the purposes of foreign policy. America was an unusual power--a strong nation with a weak state. It was not until late in the century, when power shifted from states to the federal government and from the legislative to the executive branch, that leaders in Washington could mobilize the nation's resources for international influence. Zakaria's exploration of this tension between national power and state structure will change how we view the emergence of new powers and deepen our understanding of America's exceptional history.

Economic Facts and Fallacies

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Author :
Publisher : Basic Books
ISBN 13 : 0465026303
Total Pages : 304 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis Economic Facts and Fallacies by : Thomas Sowell

Download or read book Economic Facts and Fallacies written by Thomas Sowell and published by Basic Books. This book was released on 2011-03-22 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Facts and Fallacies exposes some of the most popular fallacies about economic issues-and does so in a lively manner and without requiring any prior knowledge of economics by the reader. These include many beliefs widely disseminated in the media and by politicians, such as mistaken ideas about urban problems, income differences, male-female economic differences, as well as economics fallacies about academia, about race, and about Third World countries. One of the themes of Economic Facts and Fallacies is that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power-and makes careful examination of their flaws both necessary and important, as well as sometimes humorous. Written in the easy-to-follow style of the author's Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.

The Rich and the Rest of Us

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Author :
Publisher : Hay House, Inc
ISBN 13 : 1401940641
Total Pages : 234 pages
Book Rating : 4.4/5 (19 download)

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Book Synopsis The Rich and the Rest of Us by : Tavis Smiley

Download or read book The Rich and the Rest of Us written by Tavis Smiley and published by Hay House, Inc. This book was released on 2012-04-17 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Record unemployment and rampant corporate avarice, empty houses but homeless families, dwindling opportunities in an increasingly paralyzed nation—these are the realities of 21st-century America, land of the free and home of the new middle class poor. Award-winning broadcaster Tavis Smiley and Dr. Cornel West, one of the nation’s leading democratic intellectuals, co-hosts of Public Radio’s Smiley & West, now take on the "P" word—poverty. The Rich and the Rest of Us is the next step in the journey that began with "The Poverty Tour: A Call to Conscience." Smiley and West’s 18-city bus tour gave voice to the plight of impoverished Americans of all races, colors, and creeds. With 150 million Americans persistently poor or near poor, the highest numbers in over five decades, Smiley and West argue that now is the time to confront the underlying conditions of systemic poverty in America before it’s too late. By placing the eradication of poverty in the context of the nation’s greatest moments of social transformation— such as the abolition of slavery, woman’s suffrage, and the labor and civil rights movements—ending poverty is sure to emerge as America’s 21st‑century civil rights struggle. As the middle class disappears and the safety net is shredded, Smiley and West, building on the legacy of Martin Luther King, Jr., ask us to confront our fear and complacency with 12 poverty changing ideas. They challenge us to re-examine our assumptions about poverty in America—what it really is and how to eliminate it now.