The Myth of Social Cost

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Publisher : Arcadia Press Ltd.
ISBN 13 : 9789628806096
Total Pages : 112 pages
Book Rating : 4.8/5 (6 download)

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Book Synopsis The Myth of Social Cost by :

Download or read book The Myth of Social Cost written by and published by Arcadia Press Ltd.. This book was released on 2002 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Myth of Social Cost

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Author :
Publisher : Hobart Papers (Paperback)
ISBN 13 :
Total Pages : 108 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Myth of Social Cost by : Steven N. S. Cheung

Download or read book The Myth of Social Cost written by Steven N. S. Cheung and published by Hobart Papers (Paperback). This book was released on 1978 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: For over 50 years economists have argued that where private costs or benefits differ from social costs or benefits - in noise, smells, congestion, pollution of the environment - there is a 'clear case' for government intervention to correct the divergence. This argument has been used to justify almost endless intervention. However, the original analysts of social costs/benefits were led into error by failing to test their propositions against the evidence of real life. Painstaking empirical studies clearly demonstrate these errors. A divergence between private and social cost is no decisive justification for government action to correct it. The costs of intervention often outweigh the social benefits. Moreover, the alleged 'externalities' are merely uncontracted effects. Under private property rights, the use of contracts to transact what have been regarded as 'external' effects is far more common than has been commonly recognised.

The Deficit Myth

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Publisher : PublicAffairs
ISBN 13 : 1541736206
Total Pages : 311 pages
Book Rating : 4.5/5 (417 download)

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Book Synopsis The Deficit Myth by : Stephanie Kelton

Download or read book The Deficit Myth written by Stephanie Kelton and published by PublicAffairs. This book was released on 2020-06-09 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.

Success and Luck

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Publisher : Princeton University Press
ISBN 13 : 0691178305
Total Pages : 202 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Success and Luck by : Robert H. Frank

Download or read book Success and Luck written by Robert H. Frank and published by Princeton University Press. This book was released on 2017-09-26 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: From New York Times bestselling author and economics columnist Robert Frank, a compelling book that explains why the rich underestimate the importance of luck in their success, why that hurts everyone, and what we can do about it How important is luck in economic success? No question more reliably divides conservatives from liberals. As conservatives correctly observe, people who amass great fortunes are almost always talented and hardworking. But liberals are also correct to note that countless others have those same qualities yet never earn much. In recent years, social scientists have discovered that chance plays a much larger role in important life outcomes than most people imagine. In Success and Luck, bestselling author and New York Times economics columnist Robert Frank explores the surprising implications of those findings to show why the rich underestimate the importance of luck in success—and why that hurts everyone, even the wealthy. Frank describes how, in a world increasingly dominated by winner-take-all markets, chance opportunities and trivial initial advantages often translate into much larger ones—and enormous income differences—over time; how false beliefs about luck persist, despite compelling evidence against them; and how myths about personal success and luck shape individual and political choices in harmful ways. But, Frank argues, we could decrease the inequality driven by sheer luck by adopting simple, unintrusive policies that would free up trillions of dollars each year—more than enough to fix our crumbling infrastructure, expand healthcare coverage, fight global warming, and reduce poverty, all without requiring painful sacrifices from anyone. If this sounds implausible, you'll be surprised to discover that the solution requires only a few, noncontroversial steps. Compellingly readable, Success and Luck shows how a more accurate understanding of the role of chance in life could lead to better, richer, and fairer economies and societies.

The Myth of Social Action

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Publisher : Cambridge University Press
ISBN 13 : 9780521646369
Total Pages : 212 pages
Book Rating : 4.6/5 (463 download)

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Book Synopsis The Myth of Social Action by : Colin Campbell

Download or read book The Myth of Social Action written by Colin Campbell and published by Cambridge University Press. This book was released on 1998-07-09 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Myth of Social Action, first published in 1996, is a powerful critique of the sociology of the time and a call to reject the prevailing orthodoxy. Arguing that sociological theory had lost its way, Colin Campbell mounts a case for a new 'dynamic interpretivism' a perspective on human conduct which is more inkeeping with the spirit of traditional Weberian action theory. Discussing and dismissing one by one the main arguments of those who reject individualistic action theory, he demonstrates that this has been wrongly rejected in favour of the interactional, social situationalist approach now dominating sociological thought.

The Myth of Chinese Capitalism

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Publisher : Macmillan + ORM
ISBN 13 : 1250089387
Total Pages : 183 pages
Book Rating : 4.2/5 (5 download)

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Book Synopsis The Myth of Chinese Capitalism by : Dexter Roberts

Download or read book The Myth of Chinese Capitalism written by Dexter Roberts and published by Macmillan + ORM. This book was released on 2020-03-10 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: The “vivid, provocative” untold story of how restrictive policies are preventing China from becoming the world’s largest economy (Evan Osnos). Dexter Roberts lived in Beijing for two decades working as a reporter on economics, business and politics for Bloomberg Businessweek. In The Myth of Chinese Capitalism, Roberts explores the reality behind today’s financially-ascendant China and pulls the curtain back on how the Chinese manufacturing machine is actually powered. He focuses on two places: the village of Binghuacun in the province of Guizhou, one of China’s poorest regions that sends the highest proportion of its youth away to become migrants; and Dongguan, China’s most infamous factory town located in Guangdong, home to both the largest number of migrant workers and the country’s biggest manufacturing base. Within these two towns and the people that move between them, Roberts focuses on the story of the Mo family, former farmers-turned-migrant-workers who are struggling to make a living in a fast-changing country that relegates one-half of its people to second-class status via household registration, land tenure policies and inequality in education and health care systems. In The Myth of Chinese Capitalism, Dexter Roberts brings to life the problems that China and its people face today as they attempt to overcome a divisive system that poses a serious challenge to the country’s future development. In so doing, Roberts paints a boots-on-the-ground cautionary picture of China for a world now held in its financial thrall. Praise for The Myth of Chinese Capitalism “A gimlet-eyed look at an economic miracle that may not be so miraculous after all.” —Kirkus Reviews “A clearheaded and persuasive counter-narrative to the notion that the Chinese economic model is set to take over the world. Readers looking for an informed and nuanced perspective on modern China will find it here.” —Publishers Weekly “A sophisticated and readable take of China’s triumphs and crises. . . . A first-hand witness to China’s transformation over the past quarter century, Roberts credibly challenges the myth of China’s inevitable rise and global dominance.” —Ian Johnson, Pulitzer Prize–winning author and Beijing-based correspondent “A potent mix of personal stories and deft analysis, The Myth of Chinese Capitalism takes a hard look at China’s migrants and rural people.” —Mei Fong, Pulitzer Prize–winning journalist and author of One Child: The Story of China’s Most RadicalExperiment

Business Organization and the Myth of the Market Economy

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Publisher : Cambridge University Press
ISBN 13 : 9780521447881
Total Pages : 392 pages
Book Rating : 4.4/5 (478 download)

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Book Synopsis Business Organization and the Myth of the Market Economy by : William Lazonick

Download or read book Business Organization and the Myth of the Market Economy written by William Lazonick and published by Cambridge University Press. This book was released on 1993-05-28 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains the transitions in twentieth-century industrial leadership in terms of changing business investment strategies and organizational structures.

The World Bank Research Observer

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Publisher :
ISBN 13 :
Total Pages : 300 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis The World Bank Research Observer by :

Download or read book The World Bank Research Observer written by and published by . This book was released on 2003 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Entrepreneurial State

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Publisher : Anthem Press
ISBN 13 : 1783085215
Total Pages : 284 pages
Book Rating : 4.7/5 (83 download)

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Book Synopsis Entrepreneurial State by : Mariana Mazzucato

Download or read book Entrepreneurial State written by Mariana Mazzucato and published by Anthem Press. This book was released on 2015 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: List of Tables and Figures; List of Acronyms; Acknowledgements; Introduction: Thinking Big Again; Chapter 1: From Crisis Ideology to the Division of Innovative Labour; Chapter 2: Technology, Innovation and Growth; Chapter 3: Risk-Taking State: From 'De-risking' to 'Bring It On!'; Chapter 4: The US Entrepreneurial State; Chapter 5: The State behind the iPhone; Chapter 6: Pushing vs. Nudging the Green Industrial Revolution; Chapter 7: Wind and Solar Power: Government Success Stories and Technology in Crisis; Chapter 8: Risks and Rewards: From Rotten Apples to Symbiotic Ecosystems; Chapter 9: So.

The Glass Half-Empty

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Publisher : Watkins Media Limited
ISBN 13 : 1912248816
Total Pages : 378 pages
Book Rating : 4.9/5 (122 download)

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Book Synopsis The Glass Half-Empty by : Rodrigo Aguilera

Download or read book The Glass Half-Empty written by Rodrigo Aguilera and published by Watkins Media Limited. This book was released on 2020-03-10 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the doom and gloom of financial crises, global terrorism, climate collapse, and the rise of the far-right, a number of leading intellectuals (Steven Pinker, Hans Rosling, Johan Norberg, and Matt Ridley, among others) have been arguing in recent years that the world is getting better and better. But this “progress narrative” is little more than a very conservative defence of the capitalist status quo. At a time when liberal democracy appears incapable of stemming the tide of the far-right populism, and when laissez-faire capitalism is ill-equipped to deal with socio-economic problems like climate change, inequality, and the future of wok, the real advocates of progress are those willing to challenge these established paradigms. The Glass Half-Empty argues that, without criticising the systems of capitalism, the changes needed to make a better world will always fall short of our expectations. The "progress narrative" needs to be challenged before we stumble into a potentially catastrophic future, despite having the means to build a truly better world.

The Social Costs of Private Enterprise

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (791 download)

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Book Synopsis The Social Costs of Private Enterprise by : Karl William Kapp

Download or read book The Social Costs of Private Enterprise written by Karl William Kapp and published by . This book was released on 1971 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Tyranny of Merit

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Publisher : Farrar, Straus and Giroux
ISBN 13 : 0374720991
Total Pages : 288 pages
Book Rating : 4.3/5 (747 download)

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Book Synopsis The Tyranny of Merit by : Michael J. Sandel

Download or read book The Tyranny of Merit written by Michael J. Sandel and published by Farrar, Straus and Giroux. This book was released on 2020-09-15 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Times Literary Supplement’s Book of the Year 2020 A New Statesman's Best Book of 2020 A Bloomberg's Best Book of 2020 A Guardian Best Book About Ideas of 2020 The world-renowned philosopher and author of the bestselling Justice explores the central question of our time: What has become of the common good? These are dangerous times for democracy. We live in an age of winners and losers, where the odds are stacked in favor of the already fortunate. Stalled social mobility and entrenched inequality give the lie to the American credo that "you can make it if you try". The consequence is a brew of anger and frustration that has fueled populist protest and extreme polarization, and led to deep distrust of both government and our fellow citizens--leaving us morally unprepared to face the profound challenges of our time. World-renowned philosopher Michael J. Sandel argues that to overcome the crises that are upending our world, we must rethink the attitudes toward success and failure that have accompanied globalization and rising inequality. Sandel shows the hubris a meritocracy generates among the winners and the harsh judgement it imposes on those left behind, and traces the dire consequences across a wide swath of American life. He offers an alternative way of thinking about success--more attentive to the role of luck in human affairs, more conducive to an ethic of humility and solidarity, and more affirming of the dignity of work. The Tyranny of Merit points us toward a hopeful vision of a new politics of the common good.

The Myth of Capitalism

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1394184069
Total Pages : 349 pages
Book Rating : 4.3/5 (941 download)

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Book Synopsis The Myth of Capitalism by : Jonathan Tepper

Download or read book The Myth of Capitalism written by Jonathan Tepper and published by John Wiley & Sons. This book was released on 2023-04-25 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.

The Myth of Choice

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Publisher : Yale University Press
ISBN 13 : 0300178875
Total Pages : 316 pages
Book Rating : 4.3/5 (1 download)

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Book Synopsis The Myth of Choice by : Kent Greenfield

Download or read book The Myth of Choice written by Kent Greenfield and published by Yale University Press. This book was released on 2011-09-15 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Freedom of choice is at the core of the American story. But what if choice is fake?Americans are fixated on the idea of choice. Our political theory is based on the consent of the governed. Our legal system is built upon the argument that people freely make choices and bear responsibility for them. And what slogan could better express the heart of our consumer culture than "Have it your way"?In this provocative book, Kent Greenfield poses unsettling questions about the choices we make. What if they are more constrained and limited than we like to think? If we have less free will than we realize, what are the implications for us as individuals and for our society? To uncover the answers, Greenfield taps into scholarship on topics ranging from brain science to economics, political theory to sociology. His discoveries—told through an entertaining array of news events, personal anecdotes, crime stories, and legal decisions—confirm that many factors, conscious and unconscious, limit our free will. Worse, by failing to perceive them we leave ourselves open to manipulation. But Greenfield offers useful suggestions to help us become better decision makers as individuals, and to ensure that in our laws and public policy we acknowledge the complexity of choice.

The Myth of America's Decline: Politics, Economics, and a Half Century of False Prophecies

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Publisher : W. W. Norton & Company
ISBN 13 : 0871404494
Total Pages : 352 pages
Book Rating : 4.8/5 (714 download)

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Book Synopsis The Myth of America's Decline: Politics, Economics, and a Half Century of False Prophecies by : Josef Joffe

Download or read book The Myth of America's Decline: Politics, Economics, and a Half Century of False Prophecies written by Josef Joffe and published by W. W. Norton & Company. This book was released on 2014 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: "While it may be catnip for the media to play up America as a has-been, Josef Joffe, a ... German commentator and Stanford University academic, [proposes] that Declinism is not a cold-eyed diagnosis but a device in the style of the ancient prophets ... Gloom is a prophecy that must be believed so that it will turn out wrong. Joffe [posits that] 'economic miracles' that propelled the rising tide of challengers flounder against their own limits. Hardly confined to Europe alone, Declinism has also been an especially nifty career builder for American politicians, among them Kennedy, Nixon, and Reagan, who all rode into the White House by hawking 'the end is near'"--Dust jacket flap.

The Meritocracy Myth

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Publisher : Rowman & Littlefield Publishers
ISBN 13 : 0742599779
Total Pages : 297 pages
Book Rating : 4.7/5 (425 download)

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Book Synopsis The Meritocracy Myth by : Stephen J. McNamee

Download or read book The Meritocracy Myth written by Stephen J. McNamee and published by Rowman & Littlefield Publishers. This book was released on 2009-08-16 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Meritocracy Myth challenges the widely held American belief in meritocracyOCothat people get out of the system what they put into it based on individual merit. Fully revised and updated throughout, the second edition includes compelling new case studies, such as the impact of social and cultural capital in the cases of George W. Bush and Barack Obama, and new material on current topics such as the impact of the financial and credit crisis, intergenerational mobility, and the impact of racism and sexism. The Meritocracy Myth examines talent, attitude, work ethic, and character as elements of merit and evaluates the effect of non-merit factors such as social status, race, heritage, and wealth on meritocracy. A compelling book on an often-overlooked topic, first edition was highly regarded and proved a useful examination of this classic American ideal.

The Myth of the Madding Crowd

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Publisher : Routledge
ISBN 13 : 1351479075
Total Pages : 496 pages
Book Rating : 4.3/5 (514 download)

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Book Synopsis The Myth of the Madding Crowd by : Clark McPhail

Download or read book The Myth of the Madding Crowd written by Clark McPhail and published by Routledge. This book was released on 2017-09-29 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Crowd behavior is one of the most colorful but least understood forms of human social behavior. This volume is a major contribution to the field of collective behavior, with implications for social movement analysis.McPhail's critical assessment of the major theories of crowd behavior establishes that, whatever their particular limitations and strengths, all share a general and serious flaw: their explanations were developed without prior examination of the behaviors to be explained. Drawing on a wide range of empirical studies that include his own careful field work, the author offers a new characterization of temporary gatherings. He presents a life cycle of gatherings and a taxonomy of forms of collective behavior within gatherings, as well as combinations of these forms and gatherings into larger events, campaigns and waves. McPhail also develops a new explanation for various ways in which purposive actors construct collective actions.