Summary of Bradford DeLong's Slouching Towards Utopia

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Publisher : Everest Media LLC
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.3/5 (5 download)

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Book Synopsis Summary of Bradford DeLong's Slouching Towards Utopia by : Everest Media,

Download or read book Summary of Bradford DeLong's Slouching Towards Utopia written by Everest Media, and published by Everest Media LLC. This book was released on 2022-09-21T00:00:00Z with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Please note: This is a companion version & not the original book. Sample Book Insights: #1 The author Thomas Robert Malthus wrote a counterblast to the Essay on the Principle of Population, written by the father of Frankenstein author Mary Wollstonecraft Shelley. His objective was to demonstrate that his explicit target, William Godwin, and all of Godwin’s ilk were shortsighted and deluded enemies of the public welfare. #2 The Industrial Revolution of 1770–1870 did not improve the living standards of the majority of people. It did provide comforts for many, but it did not change how humans lived. #3 The Industrial-Commercial Revolution, which took place from 1770 to 1870, was a crossing of a watershed boundary. The rate of growth of humanity’s technological and organizational capabilities took a fourfold upward leap, from 0. 04 percent per year to 0. 15 percent per year. #4 The Industrial Revolution was not inevitable, and it was not the only world that could have experienced it. In fact, in most other worlds, there was no British Industrial Revolution at all. The growth of human technological and organizational capabilities would have been eaten up by global population growth of 0. 9 percent per year, or about 25 percent per generation.

Slouching Towards Utopia

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Publisher : Basic Books
ISBN 13 : 0465023363
Total Pages : 532 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis Slouching Towards Utopia by : J. Bradford DeLong

Download or read book Slouching Towards Utopia written by J. Bradford DeLong and published by Basic Books. This book was released on 2022-09-06 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: An instant New York Times and Wall Street Journal bestseller from one of the world’s leading economists, offering a grand narrative of the century that made us richer than ever, but left us unsatisfied “A magisterial history.”—​Paul Krugman Named a Best Book of 2022 by Financial Times * Economist * Fast Company Before 1870, humanity lived in dire poverty, with a slow crawl of invention offset by a growing population. Then came a great shift: invention sprinted forward, doubling our technological capabilities each generation and utterly transforming the economy again and again. Our ancestors would have presumed we would have used such powers to build utopia. But it was not so. When 1870–2010 ended, the world instead saw global warming; economic depression, uncertainty, and inequality; and broad rejection of the status quo. Economist Brad DeLong’s Slouching Towards Utopia tells the story of how this unprecedented explosion of material wealth occurred, how it transformed the globe, and why it failed to deliver us to utopia. Of remarkable breadth and ambition, it reveals the last century to have been less a march of progress than a slouch in the right direction.

Concrete Economics

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Publisher : Harvard Business Review Press
ISBN 13 : 1422189821
Total Pages : 238 pages
Book Rating : 4.4/5 (221 download)

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Book Synopsis Concrete Economics by : Stephen S. Cohen

Download or read book Concrete Economics written by Stephen S. Cohen and published by Harvard Business Review Press. This book was released on 2016-02-09 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: “an excellent new book” — Paul Krugman, The New York Times History, not ideology, holds the key to growth. Brilliantly written and argued, Concrete Economics shows how government has repeatedly reshaped the American economy ever since Alexander Hamilton’s first, foundational redesign. This book does not rehash the sturdy and long-accepted arguments that to thrive, entrepreneurial economies need a broad range of freedoms. Instead, Steve Cohen and Brad DeLong remedy our national amnesia about how our economy has actually grown and the role government has played in redesigning and reinvigorating it throughout our history. The government not only sets the ground rules for entrepreneurial activity but directs the surges of energy that mark a vibrant economy. This is as true for present-day Silicon Valley as it was for New England manufacturing at the dawn of the nineteenth century. The authors’ argument is not one based on abstract ideas, arcane discoveries, or complex correlations. Instead it is based on the facts—facts that were once well known but that have been obscured in a fog of ideology—of how the US economy benefited from a pragmatic government approach to succeed so brilliantly. Understanding how our economy has grown in the past provides a blueprint for how we might again redesign and reinvigorate it today, for such a redesign is sorely needed.

Red Plenty

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Publisher : Graywolf Press
ISBN 13 : 1555970419
Total Pages : 437 pages
Book Rating : 4.5/5 (559 download)

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Book Synopsis Red Plenty by : Francis Spufford

Download or read book Red Plenty written by Francis Spufford and published by Graywolf Press. This book was released on 2012-02-14 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Spufford cunningly maps out a literary genre of his own . . . Freewheeling and fabulous." —The Times (London) Strange as it may seem, the gray, oppressive USSR was founded on a fairy tale. It was built on the twentieth-century magic called "the planned economy," which was going to gush forth an abundance of good things that the lands of capitalism could never match. And just for a little while, in the heady years of the late 1950s, the magic seemed to be working. Red Plenty is about that moment in history, and how it came, and how it went away; about the brief era when, under the rash leadership of Khrushchev, the Soviet Union looked forward to a future of rich communists and envious capitalists, when Moscow would out-glitter Manhattan and every Lada would be better engineered than a Porsche. It's about the scientists who did their genuinely brilliant best to make the dream come true, to give the tyranny its happy ending. Red Plenty is history, it's fiction, it's as ambitious as Sputnik, as uncompromising as an Aeroflot flight attendant, and as different from what you were expecting as a glass of Soviet champagne.

Doing Capitalism in the Innovation Economy

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Publisher : Cambridge University Press
ISBN 13 : 1107031257
Total Pages : 345 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Doing Capitalism in the Innovation Economy by : William H. Janeway

Download or read book Doing Capitalism in the Innovation Economy written by William H. Janeway and published by Cambridge University Press. This book was released on 2012-10-08 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: A unique insight into the interaction between the state, financiers and entrepreneurs in the modern innovation economy.

The Roman Market Economy

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Publisher : Princeton University Press
ISBN 13 : 069114768X
Total Pages : 318 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis The Roman Market Economy by : Peter Temin

Download or read book The Roman Market Economy written by Peter Temin and published by Princeton University Press. This book was released on 2013 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: The quality of life for ordinary Roman citizens at the height of the Roman Empire probably was better than that of any other large group of people living before the Industrial Revolution. The Roman Market Economy uses the tools of modern economics to show how trade, markets, and the Pax Romana were critical to ancient Rome's prosperity.Peter Temin, one of the world's foremost economic historians, argues that markets dominated the Roman economy. He traces how the Pax Romana encouraged trade around the Mediterranean, and how Roman law promoted commerce and banking. Temin shows that a reasonably vibrant market for wheat extended throughout the empire, and suggests that the Antonine Plague may have been responsible for turning the stable prices of the early empire into the persistent inflation of the late. He vividly describes how various markets operated in Roman times, from commodities and slaves to the buying and selling of land. Applying modern methods for evaluating economic growth to data culled from historical sources, Temin argues that Roman Italy in the second century was as prosperous as the Dutch Republic in its golden age of the seventeenth century.The Roman Market Economy reveals how economics can help us understand how the Roman Empire could have ruled seventy million people and endured for centuries.

The Wealth of a Nation

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Publisher : Oxford University Press
ISBN 13 : 0190865911
Total Pages : 665 pages
Book Rating : 4.1/5 (98 download)

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Book Synopsis The Wealth of a Nation by : C. Donald Johnson

Download or read book The Wealth of a Nation written by C. Donald Johnson and published by Oxford University Press. This book was released on 2018 with total page 665 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States is entering a period of profound uncertainty in the world political economy--an uncertainty which is threatening the liberal economic order that its own statesmen created at the end of the Second World War. The storm surrounding this threat has been ignited by an issue that has divided Americans since the nation's founding: international trade. Is America better off under a liberal trade regime, or would protectionism be more beneficial? The issue divided Alexander Hamilton from Thomas Jefferson, the agrarian south from the industrializing north, and progressives from robber barons in the Gilded Age. In our own times, it has pitted anti-globalization activists and manufacturing workers against both multinational firms and the bulk of the economics profession. Ambassador C. Donald Johnson's The Wealth of a Nation is an authoritative history of the politics of trade in America from the Revolution to the Trump era. Johnson begins by charting the rise and fall of the U.S. protectionist system from the time of Alexander Hamilton to the Smoot-Hawley Tariff of 1930. Challenges to protectionist dominance were frequent and often serious, but the protectionist regime only faded in the wake of the Great Depression. After World War II, America was the primary architect of the liberal rules-based economic order that has dominated the globe for over half a century. Recent years, however, have seen a swelling anti-free trade movement that casts the postwar liberal regime as anti-worker, pro-capital, and--in Donald Trump's view--even anti-American. In this riveting history, Johnson emphasizes the benefits of the postwar free trade regime, but focuses in particular on how it has attempted to advance workers' rights. This analysis of the evolution of American trade policy stresses the critical importance of the multilateral trading system's survival and defines the central political struggle between business and labor in measuring the wealth of a nation.

Ages of American Capitalism

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Publisher : Random House Trade Paperbacks
ISBN 13 : 0812985184
Total Pages : 945 pages
Book Rating : 4.8/5 (129 download)

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Book Synopsis Ages of American Capitalism by : Jonathan Levy

Download or read book Ages of American Capitalism written by Jonathan Levy and published by Random House Trade Paperbacks. This book was released on 2022-04-05 with total page 945 pages. Available in PDF, EPUB and Kindle. Book excerpt: A leading economic historian traces the evolution of American capitalism from the colonial era to the present—and argues that we’ve reached a turning point that will define the era ahead. “A monumental achievement, sure to become a classic.”—Zachary D. Carter, author of The Price of Peace In this ambitious single-volume history of the United States, economic historian Jonathan Levy reveals how capitalism in America has evolved through four distinct ages and how the country’s economic evolution is inseparable from the nature of American life itself. The Age of Commerce spans the colonial era through the outbreak of the Civil War, and the Age of Capital traces the lasting impact of the industrial revolution. The volatility of the Age of Capital ultimately led to the Great Depression, which sparked the Age of Control, during which the government took on a more active role in the economy, and finally, in the Age of Chaos, deregulation and the growth of the finance industry created a booming economy for some but also striking inequalities and a lack of oversight that led directly to the crash of 2008. In Ages of American Capitalism, Levy proves that capitalism in the United States has never been just one thing. Instead, it has morphed through the country’s history—and it’s likely changing again right now. “A stunning accomplishment . . . an indispensable guide to understanding American history—and what’s happening in today’s economy.”—Christian Science Monitor “The best one-volume history of American capitalism.”—Sven Beckert, author of Empire of Cotton

How the World Became Rich

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Publisher : John Wiley & Sons
ISBN 13 : 1509540245
Total Pages : 272 pages
Book Rating : 4.5/5 (95 download)

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Book Synopsis How the World Became Rich by : Mark Koyama

Download or read book How the World Became Rich written by Mark Koyama and published by John Wiley & Sons. This book was released on 2022-03-14 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most humans are significantly richer than their ancestors. Humanity gained nearly all of its wealth in the last two centuries. How did this come to pass? How did the world become rich? Mark Koyama and Jared Rubin dive into the many theories of why modern economic growth happened when and where it did. They discuss recently advanced theories rooted in geography, politics, culture, demography, and colonialism. Pieces of each of these theories help explain key events on the path to modern riches. Why did the Industrial Revolution begin in 18th-century Britain? Why did some European countries, the US, and Japan catch up in the 19th century? Why did it take until the late 20th and 21st centuries for other countries? Why have some still not caught up? Koyama and Rubin show that the past can provide a guide for how countries can escape poverty. There are certain prerequisites that all successful economies seem to have. But there is also no panacea. A society’s past and its institutions and culture play a key role in shaping how it may – or may not – develop.

The Rise and Fall of the New Deal Order, 1930-1980

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Publisher : Princeton University Press
ISBN 13 : 0691216258
Total Pages : 338 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis The Rise and Fall of the New Deal Order, 1930-1980 by : Steve Fraser

Download or read book The Rise and Fall of the New Deal Order, 1930-1980 written by Steve Fraser and published by Princeton University Press. This book was released on 2020-07-21 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: The description for this book, The Rise and Fall of the New Deal Order, 1930-1980, will be forthcoming.

The Anxious Triumph

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Publisher : Penguin UK
ISBN 13 : 0241315174
Total Pages : 800 pages
Book Rating : 4.2/5 (413 download)

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Book Synopsis The Anxious Triumph by : Donald Sassoon

Download or read book The Anxious Triumph written by Donald Sassoon and published by Penguin UK. This book was released on 2019-06-27 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'A magnum opus, an accessible and genuinely global history ... This is a book for today and tomorrow' Financial Times Capitalist enterprise has existed in some form since ancient times, but the globalization and dominance of capitalism as a system began in the 1860s when, in different forms and supported by different political forces, states all over the world developed their modern political frameworks: the unifications of Italy and Germany, the establishment of a republic in France, the elimination of slavery in the American south, the Meiji Restoration in Japan, the emancipation of the serfs in Tsarist Russia. This book magnificently explores how, after the upheavals of industrialisation, a truly global capitalism followed. For the first time in the history of humanity, there was a social system able to provide a high level of consumption for the majority of those who lived within its bounds. Today, capitalism dominates the world. With wide-ranging scholarship, Donald Sassoon analyses the impact of capitalism on the histories of many different states, and how it creates winners and losers by constantly innovating. This chronic instability, he writes, 'is the foundation of its advance, not a fault in the system or an incidental by-product'. And it is this instability, this constant churn, which produces the anxious triumph of his title. To control or alleviate such anxieties it was necessary to create a national community, if necessary with colonial adventures, to develop a welfare state, to intervene in the market economy, and to protect it from foreign competition. Capitalists needed a state to discipline them, to nurture them, and to sacrifice a few to save the rest: a state overseeing the war of all against all. Vigorous, argumentative, surprising and constantly stimulating, The Anxious Triumph gives a fresh perspective on all these questions and on its era. It is a masterpiece by one of Britain's most engaging and wide-ranging historians.

Prague, Capital of the Twentieth Century

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Publisher : Princeton University Press
ISBN 13 : 0691043809
Total Pages : 621 pages
Book Rating : 4.6/5 (91 download)

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Book Synopsis Prague, Capital of the Twentieth Century by : Derek Sayer

Download or read book Prague, Capital of the Twentieth Century written by Derek Sayer and published by Princeton University Press. This book was released on 2013-04-07 with total page 621 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asserts that Prague could well be seen as the capital of the twentieth century, describing how the city has experienced and suffered more ways of being modern than perhaps any other metropolis.

Perspectives on Modern German Economic History and Policy

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Publisher : Cambridge University Press
ISBN 13 : 9780521368582
Total Pages : 302 pages
Book Rating : 4.3/5 (685 download)

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Book Synopsis Perspectives on Modern German Economic History and Policy by : Knut Borchardt

Download or read book Perspectives on Modern German Economic History and Policy written by Knut Borchardt and published by Cambridge University Press. This book was released on 1991-05-30 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of essays covers themes central to German economic history while considering their interaction with other historical phenomena. Among the essays Borchardt considers Germany's late start as an industrial nation, the West-East developmental gradient, key patterns of long-term economic development, and unusual changes in the phenomena of business cycles. The collection also contains the essays which have become the subject of so-called 'Borchardt controversies', in which hypotheses are presented on the economic causes of the collapse of the parliamentary regime by 1929-30, at the very end of the 'crisis before the crisis'. He also explains why there were no alternatives to the economic policies of the slump, and in particular why there was no 'miracle weapon' against Hitler's seizure of power. These are among the most original and stimulating contributions of recent years to the economic history of modern Germany and will be of interest to anyone who ponders deeply the meaning of history.

The Case for Degrowth

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Publisher : John Wiley & Sons
ISBN 13 : 1509535640
Total Pages : 74 pages
Book Rating : 4.5/5 (95 download)

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Book Synopsis The Case for Degrowth by : Susan Paulson

Download or read book The Case for Degrowth written by Susan Paulson and published by John Wiley & Sons. This book was released on 2020-09-29 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relentless pursuit of economic growth is the defining characteristic of contemporary societies. Yet it benefits few and demands monstrous social and ecological sacrifice. Is there a viable alternative? How can we halt the endless quest to grow global production and consumption and instead secure socio-ecological conditions that support lives worth living for all? In this compelling book, leading experts Giorgos Kallis, Susan Paulson, Giacomo D’Alisa and Federico Demaria make the case for degrowth - living well with less, by living differently, prioritizing wellbeing, equity and sustainability. Drawing on emerging initiatives and enduring traditions around the world, they advance a radical degrowth vision and outline policies to shape work and care, income and investment that avoid exploitative and unsustainable practices. Degrowth, they argue, can be achieved through transformative strategies that allow societies to slow down by design, not disaster. Essential reading for all concerned citizens, policy-makers, and students, this book will be an important contribution to one of the thorniest and most pressing debates of our era.

The Wall and the Bridge

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Publisher : Yale University Press
ISBN 13 : 0300259085
Total Pages : 249 pages
Book Rating : 4.3/5 (2 download)

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Book Synopsis The Wall and the Bridge by : Glenn Hubbard

Download or read book The Wall and the Bridge written by Glenn Hubbard and published by Yale University Press. This book was released on 2022 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: An informed argument for an economic policy based on bridges of preparation and adaptation rather than walls of protection and exclusion "When technological change and globalization in recent decades brought frustration over the resulting losses to jobs and communities, there were no guardrails to get these workers back on track. As this compelling book shows, our nation is going to need bridges to help people get through the unavoidable transformations."--Edmund Phelps, 2006 Nobel Laureate in Economics and author of Mass Flourishing Free-market economists often have noted that there are winners and losers in a competitive capitalist world. The question of how to deal with the difficult real-life consequences faced by the losers, however, has largely been ignored. Populist politicians have tried repeatedly to address the issue by creating walls--of both the physical and economic kinds--to insulate communities and keep competition at bay. While recognizing the broad emotional appeal of walls, economist Glenn Hubbard argues that because they delay needed adaptations to the ever-changing world, walls are essentially backward-looking and ultimately destined to fail. Taking Adam Smith's logic to Youngstown, Ohio, as a case study in economic disruption, Hubbard promotes the benefits of an open economy and creating bridges to support people in turbulent times so that they remain engaged and prepared to participate in, and reap the rewards of, a new economic landscape.

A Capitalism for the People

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Publisher : Basic Books
ISBN 13 : 0465038700
Total Pages : 337 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis A Capitalism for the People by : Luigi Zingales

Download or read book A Capitalism for the People written by Luigi Zingales and published by Basic Books. This book was released on 2014-02-11 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Born in Italy, University of Chicago economist Luigi Zingales witnessed firsthand the consequences of high inflation and unemployment -- paired with rampant nepotism and cronyism -- on a country's economy. This experience profoundly shaped his professional interests, and in 1988 he arrived in the United States, armed with a political passion and the belief that economists should not merely interpret the world, but should change it for the better. In A Capitalism for the People, Zingales makes a forceful, philosophical, and at times personal argument that the roots of American capitalism are dying, and that the result is a drift toward the more corrupt systems found throughout Europe and much of the rest of the world. American capitalism, according to Zingales, grew in a unique incubator that provided it with a distinct flavor of competitiveness, a meritocratic nature that fostered trust in markets and a faith in mobility. Lately, however, that trust has been eroded by a betrayal of our pro-business elites, whose lobbying has come to dictate the market rather than be subject to it, and this betrayal has taken place with the complicity of our intellectual class. Because of this trend, much of the country is questioning -- often with great anger -- whether the system that has for so long buoyed their hopes has now betrayed them once and for all. What we are left with is either anti-market pitchfork populism or pro-business technocratic insularity. Neither of these options presents a way to preserve what the author calls "the lighthouse" of American capitalism. Zingales argues that the way forward is pro-market populism, a fostering of truly free and open competition for the good of the people -- not for the good of big business. Drawing on the historical record of American populism at the turn of the twentieth century, Zingales illustrates how our current circumstances aren't all that different. People in the middle and at the bottom are getting squeezed, while people at the top are only growing richer. The solutions now, as then, are reforms to economic policy that level the playing field. Reforms that may be anti-business (specifically anti-big business), but are squarely pro-market. The question is whether we can once again muster the courage to confront the powers that be.

Military Review

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Publisher :
ISBN 13 :
Total Pages : 628 pages
Book Rating : 4.:/5 (8 download)

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Book Synopsis Military Review by :

Download or read book Military Review written by and published by . This book was released on 2012 with total page 628 pages. Available in PDF, EPUB and Kindle. Book excerpt: