• Business & Economics

How Much Inequality Is Fair?

Mathematical Principles of a Moral, Optimal, and Stable Capitalist Society
Author: Venkat Venkatasubramanian
Publisher: Columbia University Press
ISBN: 0231543220
Category: Business & Economics
Page: 288
View: 2451
Many in the United States feel that the nation’s current level of economic inequality is unfair and that capitalism is not working for 90% of the population. Yet some inequality is inevitable. The question is: What level of inequality is fair? Mainstream economics has offered little guidance on fairness and the ideal distribution of income. Political philosophy, meanwhile, has much to say about fairness yet relies on qualitative theories that cannot be verified by empirical data. To address inequality, we need to know what the goal is—and for this, we need a quantitative, testable theory of fairness for free-market capitalism. How Much Inequality Is Fair? synthesizes concepts from economics, political philosophy, game theory, information theory, statistical mechanics, and systems engineering into a mathematical framework for a fair free-market society. The key to this framework is the insight that maximizing fairness means maximizing entropy, which makes it possible to determine the fairest possible level of pay inequality. The framework therefore provides a moral justification for capitalism in mathematical terms. Venkat Venkatasubramanian also compares his theory’s predictions to actual inequality data from various countries—showing, for instance, that Scandinavia has near-ideal fairness, while the United States is markedly unfair—and discusses the theory’s implications for tax policy, social programs, and executive compensation.

    • Philosophy

The Idea of Justice


Author: Amartya Sen
Publisher: Harvard University Press
ISBN: 0674060474
Category: Philosophy
Page: 467
View: 7825
Presents an analysis of what justice is, the transcendental theory of justice and its drawbacks, and a persuasive argument for a comparative perspective on justice that can guide us in the choice between alternatives.

    • Science

The Fair Society

The Science of Human Nature and the Pursuit of Social Justice
Author: Peter Corning
Publisher: University of Chicago Press
ISBN: 0226116301
Category: Science
Page: 256
View: 7835
We’ve been told, again and again, that life is unfair. But what if we’re wrong simply to resign ourselves to this situation? What if we have the power—and more, the duty—to change society for the better? We do. And our very nature inclines us to do so. That’s the provocative argument Peter Corning makes in The Fair Society. Drawing on the evidence from our evolutionary history and the emergent science of human nature, Corning shows that we have an innate sense of fairness. While these impulses can easily be subverted by greed and demagoguery, they can also be harnessed for good. Corning brings together the latest findings from the behavioral and biological sciences to help us understand how to move beyond the Madoffs and Enrons in our midst in order to lay the foundation for a new social contract—a Biosocial Contract built on a deep understanding of human nature and a commitment to fairness. He then proposes a sweeping set of economic and political reforms based on three principles of fairness—equality, equity, and reciprocity—that together could transform our society and our world. At this crisis point for capitalism, Corning reveals that the proper response to bank bailouts and financial chicanery isn’t to get mad—it’s to get fair.

    • Philosophy

A Theory of Justice


Author: John RAWLS
Publisher: Harvard University Press
ISBN: 0674042603
Category: Philosophy
Page: 623
View: 8960
Though the revised edition of A Theory of Justice, published in 1999, is the definitive statement of Rawls's view, so much of the extensive literature on Rawls's theory refers to the first edition. This reissue makes the first edition once again available for scholars and serious students of Rawls's work.

    • Business & Economics

Doughnut Economics

Seven Ways to Think Like a 21st-Century Economist
Author: Kate Raworth
Publisher: Chelsea Green Publishing
ISBN: 160358675X
Category: Business & Economics
Page: 320
View: 2311
A Financial Times "Best Book of 2017: Economics” 800-CEO-Read “Best Business Book of 2017: Current Events & Public Affairs” Economics is the mother tongue of public policy. It dominates our decision-making for the future, guides multi-billion-dollar investments, and shapes our responses to climate change, inequality, and other environmental and social challenges that define our times. Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike. That’s why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century. In Doughnut Economics, she sets out seven key ways to fundamentally reframe our understanding of what economics is and does. Along the way, she points out how we can break our addiction to growth; redesign money, finance, and business to be in service to people; and create economies that are regenerative and distributive by design. Named after the now-iconic “doughnut” image that Raworth first drew to depict a sweet spot of human prosperity (an image that appealed to the Occupy Movement, the United Nations, eco-activists, and business leaders alike), Doughnut Economics offers a radically new compass for guiding global development, government policy, and corporate strategy, and sets new standards for what economic success looks like. Raworth handpicks the best emergent ideas—from ecological, behavioral, feminist, and institutional economics to complexity thinking and Earth-systems science—to address this question: How can we turn economies that need to grow, whether or not they make us thrive, into economies that make us thrive, whether or not they grow? Simple, playful, and eloquent, Doughnut Economics offers game-changing analysis and inspiration for a new generation of economic thinkers.

    • Business & Economics

Lessons from the Road

Musicians As Business Leaders
Author: Todd Pasternack
Publisher: Archer
ISBN: 9781941729243
Category: Business & Economics
Page: 248
View: 1216
It's tough to measure success for something that doesn't exist yet The language of music meets the language of business in this unorthodox examination of the influences and impact that creativity, improvisation, and collaboration have within an organization. Using interviews with successful business people who also were (or still are) professional musicians, musician/ad tech thought-leader Todd Pasternack takes readers throughLessons From The Road: Musicians As Business Leaders using real-world stories "from the road" to help today's business leaders find fresh ideas to bring back to their organizations to create innovative products and solutions, build stronger teams, and more quickly connect dots in unexpected and valuable ways. Featuring Interviews with: Rob Avery, Scala, Digitas Health and bass player for Boysetsfire Jimmy Chamberlin, CEO of Blue J Strategies and drummer for the Smashing Pumpkins Reid Genauer, CMO at Magisto and guitar and vocals for Assembly of Dust Anurag Gulati, Uber, Facebook, studio owner and engineer Cat Kolodij, Progressive Insurance, guitar and vocals for Working Michael Lowenstern, R/GA, bass clarinet Naomi Margolin, Armada Global, vocalist with Sam Moore and Mark Newman Band Glenn Rosenstein, Wealthpoint Financial Group, record label president and record producer Derek Richmond, Prettybird, guitarist Al Schnier, guitar and vocals for moe.

    • Business & Economics

Socialism After Hayek


Author: Theodore A. Burczak
Publisher: University of Michigan Press
ISBN: 9780472069514
Category: Business & Economics
Page: 171
View: 661
Develops a theory of market socialism in response to Friedrich Hayek's criticism of centrally-planned socialism. This work poses this model of "free market socialism" against other models of socialism, especially those developed by John Roemer, Michael Albert, and Robin Hahnel.

    • Business & Economics

Freefall: America, Free Markets, and the Sinking of the World Economy


Author: Joseph E. Stiglitz
Publisher: W. W. Norton & Company
ISBN: 0393075966
Category: Business & Economics
Page: 361
View: 6037
Drawing on his academic and professional expertise, the author explains how the United States exported bad economics, bad policies, and bad behavior to the rest of the world, only to provide a substandard response when the markets finally seized up.

    • Mathematics

The Best Writing on Mathematics 2018


Author: Mircea Pitici
Publisher: Princeton University Press
ISBN: 0691188726
Category: Mathematics
Page: N.A
View: 3131
The year’s finest mathematical writing from around the world This annual anthology brings together the year’s finest mathematics writing from around the world. Featuring promising new voices alongside some of the foremost names in the field, The Best Writing on Mathematics 2018 makes available to a wide audience many pieces not easily found anywhere else—and you don’t need to be a mathematician to enjoy them. These essays delve into the history, philosophy, teaching, and everyday aspects of math, offering surprising insights into its nature, meaning, and practice—and taking readers behind the scenes of today’s hottest mathematical debates. James Grime shows how to build subtly mischievous dice for playing slightly unfair games, David Rowe investigates the many different meanings and pedigrees of mathematical models, and Michael Barany traces how our appreciation of the societal importance of mathematics has developed since World War II. In other essays, Francis Su extolls the inherent values of learning, doing, and sharing mathematics, and Margaret Wertheim takes us on a mathematical exploration of the mind and the world—with glimpses at science, philosophy, music, art, and even crocheting. And there’s much, much more. In addition to presenting the year’s most memorable math writing, this must-have anthology includes an introduction by the editor and a bibliography of other notable pieces on mathematics. This is a must-read for anyone interested in where math has taken us—and where it is headed.

    • Political Science

Family Values

Between Neoliberalism and the New Social Conservatism
Author: Melinda Cooper
Publisher: MIT Press
ISBN: 1942130058
Category: Political Science
Page: 416
View: 1679
Why was the discourse of family values so pivotal to the conservative and free-market revolution of the 1980s and why has it continued to exert such a profound influence on American political life? Why have free-market neoliberals so often made common cause with social conservatives on the question of family, despite their differences on all other issues? In this book, Melinda Cooper challenges the idea that neoliberalism privileges atomized individualism over familial solidarities, and contractual freedom over inherited status. Delving into the history of the American poor laws, she shows how the liberal ethos of personal responsibility was always undergirded by a wider imperative of family responsibility and how this investment in kinship obligations is recurrently facilitated the working relationship between free-market liberals and social conservatives. Neoliberalism, she argues, must be understood as an effort to revive and extend the poor law tradition in the contemporary idiom of household debt. As neoliberal policymakers imposed cuts to health, education, and welfare budgets, they simultaneously identified the family as a wholesale alternative to the twentieth-century welfare state. And as the responsibility for deficit spending shifted from the state to the household, the private debt obligations of family were defined as foundational to socioeconomic order. Despite their differences, neoliberals and social conservatives were in agreement that the bonds of family needed to be encouraged -- and at the limit enforced -- as a necessary counterpart to market freedom. In a series of case studies ranging from Bill Clinton's welfare reform to the AIDS epidemic and from same-sex marriage to the student loan crisis, Cooper explores the key policy contributions made by neoliberal economists and legal theorists. Only by restoring the question of family to its central place in the neoliberal project, she argues, can we make sense of the defining political alliance of our times, that between free-market economics and social conservatism.

    • Business & Economics

Capital in the Twenty-First Century


Author: Thomas Piketty
Publisher: Harvard University Press
ISBN: 0674979850
Category: Business & Economics
Page: 816
View: 7543
The main driver of inequality—returns on capital that exceed the rate of economic growth—is again threatening to generate extreme discontent and undermine democratic values. Thomas Piketty’s findings in this ambitious, original, rigorous work will transform debate and set the agenda for the next generation of thought about wealth and inequality.

    • Business & Economics

The General Theory of Employment, Interest, and Money


Author: John Maynard Keynes
Publisher: Springer
ISBN: 3319703447
Category: Business & Economics
Page: 404
View: 3825
This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.

    • Philosophy

The Disenchantment of the World

A Political History of Religion
Author: Marcel Gauchet,Oscar Burge
Publisher: Princeton University Press
ISBN: 9780691029375
Category: Philosophy
Page: 228
View: 726
In this controversial work, Marcel Gauchet reinterprets the development of the modern West, with all its political and psychological complexities, in terms of humankind's changing relation to religion.

    • Political Science

How Will Capitalism End?

Essays on a Failing System
Author: Wolfgang Streeck
Publisher: Verso Books
ISBN: 1784784036
Category: Political Science
Page: 272
View: 3331
The provocative political thinker asks if it will be with a bang or a whimper After years of ill health, capitalism is now in a critical condition. Growth has given way to stagnation; inequality is leading to instability; and confidence in the money economy has all but evaporated. In How Will Capitalism End?, the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues that the world is about to change. The marriage between democracy and capitalism, ill-suited partners brought together in the shadow of World War Two, is coming to an end. The regulatory institutions that once restrained the financial sector’s excesses have collapsed and, after the final victory of capitalism at the end of the Cold War, there is no political agency capable of rolling back the liberalization of the markets. Ours has become a world defined by declining growth, oligarchic rule, a shrinking public sphere, institutional corruption and international anarchy, and no cure to these ills is at hand.

    • Social Science

The War Against Boys

How Misguided Policies are Harming Our Young Men
Author: Christina Hoff Sommers
Publisher: Simon and Schuster
ISBN: 1439126585
Category: Social Science
Page: 288
View: 6525
An updated and revised edition of the controversial classic—now more relevant than ever—argues that boys are the ones languishing socially and academically, resulting in staggering social and economic costs. Girls and women were once second-class citizens in the nation’s schools. Americans responded w ith concerted efforts to give girls and women the attention and assistance that was long overdue. Now, after two major waves of feminism and decades of policy reform, women have made massive strides in education. Today they outperform men in nearly every measure of social, academic, and vocational well-being. Christina Hoff Sommers contends that it’s time to take a hard look at present-day realities and recognize that boys need help. Called “provocative and controversial . . . impassioned and articulate” (The Christian Science Monitor), this edition of The War Against Boys offers a new preface and six radically revised chapters, plus updates on the current status of boys throughout the book. Sommers argues that the problem of male underachievement is persistent and worsening. Among the new topics Sommers tackles: how the war against boys is harming our economic future, and how boy-averse trends such as the decline of recess and zero-tolerance disciplinary policies have turned our schools into hostile environments for boys. As our schools become more feelings-centered, risk-averse, competition-free, and sedentary, they move further and further from the characteristic needs of boys. She offers realistic, achievable solutions to these problems that include boy-friendly pedagogy, character and vocational education, and the choice of single-sex classrooms. The War Against Boys is an incisive, rigorous, and heartfelt argument in favor of recognizing and confronting a new reality: boys are languishing in education and the price of continued neglect is economically and socially prohibitive.


    • Political Science

Anarchy, State, and Utopia


Author: Robert Nozick
Publisher: Basic Books
ISBN: 0465063748
Category: Political Science
Page: 384
View: 5354
Literaturverz. S. 355 - 360

    • Business & Economics

Capitalism's Achilles Heel

Dirty Money and How to Renew the Free-Market System
Author: Raymond W. Baker
Publisher: John Wiley & Sons
ISBN: 0471748587
Category: Business & Economics
Page: 288
View: 3433
For over forty years in more than sixty countries, Raymond Baker has witnessed the free-market system operating illicitly and corruptly, with devastating consequences. In Capitalism’s Achilles Heel, Baker takes readers on a fascinating journey through the global free-market system and reveals how dirty money, poverty, and inequality are inextricably intertwined. Readers will discover how small illicit transactions lead to massive illegalities and how staggering global income disparities are worsened by the illegalities that permeate international capitalism. Drawing on his experiences, Baker shows how Western banks and businesses use secret transactions and ignore laws while handling some $1 trillion in illicit proceeds each year. He also illustrates how businesspeople, criminals, and kleptocrats perfect the same techniques to shift funds and how these tactics negatively affect individuals, institutions, and countries.

    • Business & Economics

Capitalism

The Future of an Illusion
Author: Fred L. Block
Publisher: Univ of California Press
ISBN: 0520959078
Category: Business & Economics
Page: 264
View: 6748
Virtually everyone—left, right, and center—believes that capitalist economies are autonomous, coherent, and regulated by their own internal laws. This view is an illusion. The reality is that economies organized around the pursuit of private profit are contradictory, incoherent, and heavily shaped by politics and governmental action. But the illusion remains hugely consequential because it has been embraced by political and economic elites who are convinced that they are powerless to change this system. The result is cycles of raised hopes followed by disappointment as elected officials discover they have no legitimate policy tools that can deliver what the public wants. In Capitalism, leading economic sociologist Fred L. Block argues that restoring the vitality of the United States and the world economy can be accomplished only with major reforms on the scale of the New Deal and the post–World War II building of new global institutions.

    • Philosophy

Justice as Fairness

A Restatement
Author: John Rawls,Erin Kelly
Publisher: Harvard University Press
ISBN: 9780674005105
Category: Philosophy
Page: 214
View: 8813
This book originated as lectures for a course on political philosophy that Rawls taught regularly at Harvard in the 1980s. In time the lectures became a restatement of his theory of justice as fairness, revised in light of his more recent papers and his treatise Political Liberalism (1993). As Rawls writes in the preface, the restatement presents "in one place an account of justice as fairness as I now see it, drawing on all [my previous] works." He offers a broad overview of his main lines of thought and also explores specific issues never before addressed in any of his writings. Rawls is well aware that since the publication of A Theory of Justice in 1971, American society has moved farther away from the idea of justice as fairness. Yet his ideas retain their power and relevance to debates in a pluralistic society about the meaning and theoretical viability of liberalism. This book demonstrates that moral clarity can be achieved even when a collective commitment to justice is uncertain.