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Enlargement and the Future of Europe: Views from the Capitals
Par Michael Kaeding, Johannes Pollak, Paul Schmidt. 2023
This book analyses Member States’ and EU neighbours’ national visions for the enlargement of the European Union (EU), highlighting 41…
national histories, policies, and corresponding public perceptions of European integration. In a geopolitical context in which Russia’s war of aggression in Ukraine has renewed the impetus for EU enlargement, national views vary considerably on the timing, conditions, and reforms necessary to welcome Eastern neighbours and the Western Balkans countries into the European family. Moreover, EU enlargement policy is not only an investment in peace and stability; it has also become a political tool in response to the exploitation of interdependencies and illiberal pressures. This book presents concrete policy recommendations to national governments and the EU on how to move forward productively.The Routledge Handbook on Karl Polanyi (Routledge International Handbooks)
Par Michele Cangiani, Claus Thomasberger. 2024
Karl Polanyi is one of the most influential social scientists of our era. A report of the United Nations Conference…
on Trade and Development (UNCTAD) begins by noting that we are in a "Polanyi era": a time of dangerously unregulated markets, where the greatest need for decisive political action is matched by the least trust in politics. This handbook provides a comprehensive of recent research on Polanyi’s work and ideas, including the central place occupied by his thinking on the relationship between economics and politics. The stellar line-up of contributors to this book explore Polanyi’s work reflecting the intrinsic interdisciplinarity of Polanyi’s approach to understanding our society, its place in history, its fundamental dynamics, and its contradictions, as well as the methodological issues he raises. The handbook broadly follows a chronological structure beginning with influences on Polanyi, his formative experiences and early works. A significant section is dedicated to Polanyi’s seminal work, The Great Transformation, and its impact. Further sections also look at Polanyi’s wider influence, on various disciplines and methodological debates, and his ongoing relevance for present-day issues including debates on populism, neoliberalism and low carbon transitions. This handbook is a vital resource for students and scholars of economics, politics, sociology, and other social sciences.Moses and the Monster and Miss Anne
Par Carole C. Marks. 2008
This engaging history presents the extraordinary lives of Patty Cannon, Anna Ella Carroll, and Harriet Tubman, three "dangerous" women who…
grew up in early-nineteenth-century Maryland and were vigorously enmeshed in the social and political maelstrom of antebellum America. The "monstrous" Patty Cannon was a reputed thief, murderer, and leader of a ruthless gang who kidnapped free blacks and sold them back into slavery, whereas Miss Anna Ella Carroll, a relatively genteel unmarried slaveholder, foisted herself into state and national politics by exerting influence on legislators and conspiring with Governor Thomas Holliday Hicks to keep Maryland in the Union when many state legislators clamored to join the Confederacy. And, of course, Harriet Tubman--slave rescuer, abolitionist, and later women's suffragist--was both hailed as "the Moses of her people" and hunted as an outlaw with a price on her head worth at least ten thousand dollars. All three women lived for a time in close proximity on the Eastern Shore of Maryland, an isolated region that thrived on tobacco and then lost it, procured slaves and then lost them, and produced strong-minded women and then condemned them. Though they never actually met, and their backgrounds and beliefs differed drastically, these women's lives converged through their active experiences of the conflict over slavery in Maryland and beyond, the uncertainties of economic transformation, the struggles in the legal foundation of slavery and, most of all, the growing dispute in gender relations in America. Throughout this book, Carole C. Marks gleans historical fact and sociological insight from the persistent myths and exaggerations that color the women's legacies, and she investigates the common roots and motivations of three remarkable figures who bucked the era's expectations for women. She also considers how each woman's public identity reflected changing ideas of domesticity and the public sphere, spirituality, and legal rights and limitations. Cannon, Carroll, and Tubman, each in her own way, passionately fought for the future of Maryland and the United States, and from these unique vantage points, Moses and the Monster and Miss Anne portrays the intersecting and conflicting forces of race, economics, and gender that threatened to rend a nation apart.People Who Lunch: On Work, Leisure, and Loose Living
Par Sally Olds. 2024
A riveting investigation of the utopian experiments attempting to resist the unrelenting demands of late-stage capitalism—only to end up living…
comfortably alongside it What do post‑work politics, the cult of crypto, clubbing, and polyamory have in common? All have spawned thriving subcultures united in their rejection of the patriarchal capitalist order: from wage labor, to the reign of the shareholder class over capital markets, to romantic relationships that feel like contractual arrangements to be negotiated, and more.People Who Lunch is about hating work and needing to work, intimacy and technology, labor and leisure, and the challenge of living our ideals in a less than ideal world. In it, Sally Olds brings her &“unsparing scrutiny to bear…as she grapples with the sense of entrapment in the machinery of capitalism and remorseless logic of commodification&” (ABC Arts). In one essay, Olds&’s brief flirtation with post-monogamy forces her to confront the emotional prison of the &“open relationship&”; in another, a multi-hour viewing of a critically acclaimed performance art piece highlights how even the highest forms of culture exist to convert pleasure into capital. In the end, her forays into these colorful worlds betray a deep irony: escaping a system built on the exchange of wage labor is, quite simply, a lot of work.The Entrepreneurial State: Debunking Public vs Private Sector Myths (Anthem Other Canon Economics Ser. #1)
Par Mariana Mazzucato. 2023
Award-winning economist Mariana Mazzucato&’s famously incisive international bestseller debunking the pervasive myth of the inept state versus an innovative private…
sector—with a new preface by the authorAccording to conventional wisdom, innovation is best left to the bold entrepreneurs of the private sector, and government should get out of the way. But what if that wasn't case? What if, from the inventions of Silicon Valley to medical breakthroughs, the public sector has actually been the most courageous and valuable risk-taker of all?Critically acclaimed and influential thinker and scholar Mariana Mazzucato argues comprehensively against the myth of a lumbering, bureaucratic state versus a dynamic, innovative private sector with remarkable original and deep research. In a series of case studies—from nanotechnology to the emerging green tech of today—Mazzucato reveals that the opposite is true: the private sector only finds the courage to invest after an entrepreneurial state has made the high-risk investments. The Entrepreneurial State reveals how every technology that makes the iPhone so &“smart&” was actually funded by the government—from the Internet and GPS technology, to touch-screen displays and voice-activated Siri.In the history of modern capitalism, the State has not only fixed market failures, but has also actively shaped and created markets. In doing so, it sometimes wins and sometimes fails. Yet by not admitting the State&’s role in active risk taking, we've created an "innovation system" where the public sector socializes risks while privatizing reward, as Mazzucato controversially argues. This bold and provocative book considers how we adopted this dysfunctional dynamic, and then how we can overcome it so that economic growth can be not only "smart" but "inclusive" as well.Not Yet: The Story of an Unstoppable Skater
Par Zahra Lari, Hadley Davis. 2024
A universal story about courage and determination that is loosely based on the life of five-time Emirati National Champion, Zahra…
Lari, who was the first figure skater to compete internationally in a hijab.After watching an ice-skating movie, young Zahra sets her mind to learn how to ice skate even though her family and friends doubt her abilities. After all, she's too old to learn, the rink is too cold, and figure skaters don't look like her... not yet at least! Illustrated with Sara Alfageeh's energetic lines and colors that pop right off the page, we follow Zahra's story as she glides across the floors of her house in her socks all the way to the ice rink... and as she repeatedly says ''not yet'' to naysayers -- including herself -- who try to convince her to stop pursuing her dream. An inspiring tale of self-empowerment and perseverance as we see the refrain -- not yet -- grow from a low, meek mumble to a mantra and promise filled with determination.I'll Just Be Five More Minutes: And Other Tales from My ADHD Brain
Par Emily Farris. 2024
A hilariously-honest, heartwarming essay collection about life, love, and discovering you have ADHD at age 35 Despite being a…
published writer with a family, a gaggle of internet fans, and (most shockingly) a mortgage, Emily Farris could never get her sh*t together. As she saw it, disorganization was one of her countless character flaws—that is until she was diagnosed with ADHD at age 35. Like many girls who go undiagnosed, Emily grew up internalizing criticisms about her impulsivity and lack of follow-through. She held onto that shame as she tried (and often failed) to fit into a world designed for neurotypical brains. I'll Just Be Five More Minutes is a personal essay collection of laugh-out-loud-funny, tear-jerking, and at times cringey true stories of Emily's experiences as a neurodivergent woman. With the newfound knowledge of her ADHD, Emily candidly reexamines her complicated relationships (including one with a celebrity stalker), her money problems, the years she spent unknowingly self-medicating, and her hyperfixations (two words: decorative baskets). A memoir-in-essays both entertaining and enlightening, I'll Just Be Five More Minutes is for people with ADHD, as well as those who know and love them. This is a powerful collection of deeply relatable, wide-ranging stories about a woman's right to control her own body, about overwhelm and oversharing, about drinking too much and sleeping too little, and about being misunderstood by the people closest to you. At its heart, I&’ll Just Be Five More Minutes is about not quite fitting in and not really understanding why—something we&’ve all felt whether we're neurodivergent or not.A Woman in the Polar Night (Pushkin Press Classics)
Par Christiane Ritter. 2019
&“An epic story, elegantly told and full of mystery.&” — Maggie Shipstead, author of Great CircleA rediscovered classic memoir -…
the mesmerizingly beautiful account of one woman's year spent living in a remote hut in the ArcticThis rediscovered classic memoir tells the incredible tale of a woman defying society's expectations to find freedom and peace in the adventure of a lifetime.In 1934, the painter Christiane Ritter leaves her comfortable life in Austria and travels to the remote Arctic island of Spitsbergen, to spend a year there with her husband. She thinks it will be a relaxing trip, a chance to 'read thick books in the remote quiet and, not least, sleep to my heart's content', but when Christiane arrives she is shocked to realize that they are to live in a tiny ramshackle hut on the shores of a lonely fjord, hundreds of miles from the nearest settlement, battling the elements every day, just to survive.At first, Christiane is horrified by the freezing cold, the bleak landscape the lack of equipment and supplies... But as time passes, after encounters with bears and seals, long treks over the ice and months on end of perpetual night, she finds herself falling in love with the Arctic's harsh, otherworldly beauty, gaining a great sense of inner peace and a new appreciation for the sanctity of life.Miles of Style: Eunice W. Johnson and the EBONY Fashion Fair
Par Lisa D. Brathwaite. 2024
A chic biography about Eunice W. Johnson who brought elegant and contemporary fashion to Black America through the annual EBONY…
Fashion Fair!Eunice W. Johnson believed in the power of fashion and beauty to inspire people. After she and her husband, John H. Johnson, founded EBONY magazine, it quickly became the premiere lifestyle publication for mid-century Black readers. Among the many hats she wore, Eunice delighted in writing a fashion column describing the latest styles. In 1958, Eunice launched a project that would change fashion forever--the EBONY Fashion Fair. In towns and cities across the United States, Black models walked the runway in the freshest trends that season and Black attendees got to see people who looked like them in bright colors and haute couture. To make the Fashion Fair happen every year, Eunice negotiated with snobby fashion houses in Europe and navigated racism back home in the US, to acquire the most show-stopping styles for her show. Decades later, her name remains a watchword for glamour and elegance in the Black community. Winner of Lee & Low's New Voices award, Miles of Style celebrates a visionary who used her influence to showcase the strength and beauty of the Black community.The Emergence of Organizations and Markets
Par John F. Padgett, Walter W. Powell. 2013
A dynamic framework for studying social emergenceThe social sciences have sophisticated models of choice and equilibrium but little understanding of…
the emergence of novelty. Where do new alternatives, new organizational forms, and new types of people come from? Combining biochemical insights about the origin of life with innovative and historically oriented social network analyses, John Padgett and Walter Powell develop a theory about the emergence of organizational, market, and biographical novelty from the coevolution of multiple social networks. They demonstrate that novelty arises from spillovers across intertwined networks in different domains. In the short run actors make relations, but in the long run relations make actors.This theory of novelty emerging from intersecting production and biographical flows is developed through formal deductive modeling and through a wide range of original historical case studies. Padgett and Powell build on the biochemical concept of autocatalysis—the chemical definition of life—and then extend this autocatalytic reasoning to social processes of production and communication. Padgett and Powell, along with other colleagues, analyze a very wide range of cases of emergence. They look at the emergence of organizational novelty in early capitalism and state formation; they examine the transformation of communism; and they analyze with detailed network data contemporary science-based capitalism: the biotechnology industry, regional high-tech clusters, and the open source community.Nature: An Economic History
Par Geerat Vermeij. 2004
From humans to hermit crabs to deep water plankton, all living things compete for locally limiting resources. This universal truth…
unites three bodies of thought--economics, evolution, and history--that have developed largely in mutual isolation. Here, Geerat Vermeij undertakes a groundbreaking and provocative exploration of the facts and theories of biology, economics, and geology to show how processes common to all economic systems--competition, cooperation, adaptation, and feedback--govern evolution as surely as they do the human economy, and how historical patterns in both human and nonhuman evolution follow from this principle. Using a wealth of examples of evolutionary innovations, Vermeij argues that evolution and economics are one. Powerful consumers and producers exercise disproportionate controls on the characteristics, activities, and distribution of all life forms. Competition-driven demand by consumers, when coupled with supply-side conditions permitting economic growth, leads to adaptation and escalation among organisms. Although disruptions in production halt or reverse these processes temporarily, they amplify escalation in the long run to produce trends in all economic systems toward greater power, higher production rates, and a wider reach for economic systems and their strongest members. Despite our unprecedented power to shape our surroundings, we humans are subject to all the economic principles and historical trends that emerged at life's origin more than 3 billion years ago. Engagingly written, brilliantly argued, and sweeping in scope, Nature: An Economic History shows that the human institutions most likely to preserve opportunity and adaptability are, after all, built like successful living things.Theory of Games and Economic Behavior: 60th Anniversary Commemorative Edition
Par John Von Neumann, Oskar Morgenstern. 2004
This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as…
a modest proposal that a mathematician and an economist write a short paper together blossomed, in 1944, when Princeton University Press published Theory of Games and Economic Behavior. In it, John von Neumann and Oskar Morgenstern conceived a groundbreaking mathematical theory of economic and social organization, based on a theory of games of strategy. Not only would this revolutionize economics, but the entirely new field of scientific inquiry it yielded--game theory--has since been widely used to analyze a host of real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations. And it is today established throughout both the social sciences and a wide range of other sciences. This sixtieth anniversary edition includes not only the original text but also an introduction by Harold Kuhn, an afterword by Ariel Rubinstein, and reviews and articles on the book that appeared at the time of its original publication in the New York Times, tthe American Economic Review, and a variety of other publications. Together, these writings provide readers a matchless opportunity to more fully appreciate a work whose influence will yet resound for generations to come.Human Capitalism: How Economic Growth Has Made Us Smarter--and More Unequal
Par Brink Lindsey. 2013
Why the rich are getting smarter while the poor are being left behindWhat explains the growing class divide between the…
well educated and everybody else? Noted author Brink Lindsey, a senior scholar at the Kauffman Foundation, argues that it's because economic expansion is creating an increasingly complex world in which only a minority with the right knowledge and skills—the right "human capital"—reap the majority of the economic rewards. The complexity of today's economy is not only making these lucky elites richer—it is also making them smarter. As the economy makes ever-greater demands on their minds, the successful are making ever-greater investments in education and other ways of increasing their human capital, expanding their cognitive skills and leading them to still higher levels of success. But unfortunately, even as the rich are securely riding this virtuous cycle, the poor are trapped in a vicious one, as a lack of human capital leads to family breakdown, unemployment, dysfunction, and further erosion of knowledge and skills. In this brief, clear, and forthright eBook original, Lindsey shows how economic growth is creating unprecedented levels of human capital—and suggests how the huge benefits of this development can be spread beyond those who are already enjoying its rewards.The Soulful Science: What Economists Really Do and Why It Matters - Revised Edition
Par Diane Coyle. 2010
For many, Thomas Carlyle's put-down of economics as "the dismal science" rings true--especially in the aftermath of the crash of…
2008. But Diane Coyle argues that economics today is more soulful than dismal, a more practical and human science than ever before. The Soulful Science describes the remarkable creative renaissance in economics, how economic thinking is being applied to the paradoxes of everyday life. This revised edition incorporates the latest developments in the field, including the rise of behavioral finance, the failure of carbon trading, and the growing trend of government bailouts. She also discusses such major debates as the relationship between economic statistics and presidential elections, the boundary between private choice and public action, and who is to blame for today's banking crisis.The classic history of economic thought through the ages—now fully updated and expandedHesiod defined the basic economic problem as one…
of scarce resources, a view still held by economists today. Diocletian tried to save the Roman Empire with wage and price fixes—a strategy that has not gone entirely out of style. Roger Backhouse takes readers from the ancient world to the frontiers of game theory, mechanism design, and engagements with climate science, presenting an essential history of a discipline that economist Alfred Marshall called “the study of mankind in the ordinary business of life.” Backhouse introduces the many fascinating figures who have thought about money and markets down through the centuries—from philosophers and theologians to politicians and poets—and shows how today’s economic ideas have their origins in antiquity. This updated edition of The Ordinary Business of Life includes a new chapter on contemporary economics and the rest of the book has been thoroughly revised.Pillars of Prosperity: The Political Economics of Development Clusters (The Yrjö Jahnsson Lectures)
Par Timothy Besley, Torsten Persson. 2011
How nations can promote peace, prosperity, and stability through cohesive political institutions"Little else is required to carry a state to…
the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things." So wrote Adam Smith a quarter of a millennium ago. Using the tools of modern political economics and combining economic theory with a bird's-eye view of the data, this book reinterprets Smith's pillars of prosperity to explain the existence of development clusters—places that tend to combine effective state institutions, the absence of political violence, and high per-capita incomes.To achieve peace, the authors stress the avoidance of repressive government and civil conflict. Easy taxes, they argue, refers not to low taxes, but a tax system with widespread compliance that collects taxes at a reasonable cost from a broad base, like income. And a tolerable administration of justice is about legal infrastructure that can support the enforcement of contracts and property rights in line with the rule of law. The authors show that countries tend to enjoy all three pillars of prosperity when they have evolved cohesive political institutions that promote common interests, guaranteeing the provision of public goods. In line with much historical research, international conflict has also been an important force behind effective states by fostering common interests. The absence of common interests and/or cohesive political institutions can explain the existence of very different development clusters in fragile states that are plagued by poverty, violence, and weak state capacity.Yield Curve Modeling and Forecasting: The Dynamic Nelson-Siegel Approach (The Econometric and Tinbergen Institutes Lectures)
Par Francis X. Diebold, Glenn D. Rudebusch. 2013
Understanding the dynamic evolution of the yield curve is critical to many financial tasks, including pricing financial assets and their…
derivatives, managing financial risk, allocating portfolios, structuring fiscal debt, conducting monetary policy, and valuing capital goods. Unfortunately, most yield curve models tend to be theoretically rigorous but empirically disappointing, or empirically successful but theoretically lacking. In this book, Francis Diebold and Glenn Rudebusch propose two extensions of the classic yield curve model of Nelson and Siegel that are both theoretically rigorous and empirically successful. The first extension is the dynamic Nelson-Siegel model (DNS), while the second takes this dynamic version and makes it arbitrage-free (AFNS). Diebold and Rudebusch show how these two models are just slightly different implementations of a single unified approach to dynamic yield curve modeling and forecasting. They emphasize both descriptive and efficient-markets aspects, they pay special attention to the links between the yield curve and macroeconomic fundamentals, and they show why DNS and AFNS are likely to remain of lasting appeal even as alternative arbitrage-free models are developed. Based on the Econometric and Tinbergen Institutes Lectures, Yield Curve Modeling and Forecasting contains essential tools with enhanced utility for academics, central banks, governments, and industry.When Insurers Go Bust: An Economic Analysis of the Role and Design of Prudential Regulation
Par Guillaume Plantin, Jean-Charles Rochet. 2007
In the 1990s, large insurance companies failed in virtually every major market, prompting a fierce and ongoing debate about how…
to better protect policyholders. Drawing lessons from the failures of four insurance companies, When Insurers Go Bust dramatically advances this debate by arguing that the current approach to insurance regulation should be replaced with mechanisms that replicate the governance of non-financial firms. Rather than immediately addressing the minutiae of supervision, Guillaume Plantin and Jean-Charles Rochet first identify a fundamental economic rationale for supervising the solvency of insurance companies: policyholders are the "bankers" of insurance companies. But because policyholders are too dispersed to effectively monitor insurers, it might be efficient to delegate monitoring to an institution--a prudential authority. Applying recent developments in corporate finance theory and the economic theory of organizations, the authors describe in practical terms how such authorities could be created and given the incentives to behave exactly like bankers behave toward borrowers, as "tough" claimholders.Strategic Investment: Real Options and Games
Par Han T. Smit, Lenos Trigeorgis. 2004
Corporate finance and corporate strategy have long been seen as different sides of the same coin. Though both focus on…
the same broad problem, investment decision-making, the gap between the two sides--and between theory and practice--remains embarrassingly large. This book synthesizes cutting-edge developments in corporate finance and related fields--in particular, real options and game theory--to help bridge this gap. In clear, straightforward exposition and through numerous examples and applications from various industries, Han Smit and Lenos Trigeorgis set forth an extended valuation framework for competitive strategies. The book follows a problem-solving approach that synthesizes ideas from game theory, real options, and strategy. Thinking in terms of options-games can help managers address questions such as: When is it best to invest early to preempt competitive entry, and when to wait? Should a firm compete in R&D or adopt an accommodating stance? How does one value growth options or infrastructure investments? The authors provide a wide range of valuation examples, such as acquisition strategies, R&D investment in high-tech sectors, joint research ventures, product introductions in consumer electronics, infrastructure, and oil exploration investment. Representing a major step beyond standard real options or strategy analysis, and extending the power of real options and strategic thinking in a rigorous fashion, Strategic Investment will be an indispensable guide and resource for corporate managers, MBA students, and academics alike.Economic Lives: How Culture Shapes the Economy
Par Viviana A. Zelizer. 2010
Revealing the human side of economic lifeOver the past three decades, economic sociology has been revealing how culture shapes economic…
life even while economic facts affect social relationships. This work has transformed the field into a flourishing and increasingly influential discipline. No one has played a greater role in this development than Viviana Zelizer, one of the world's leading sociologists. Economic Lives synthesizes and extends her most important work to date, demonstrating the full breadth and range of her field-defining contributions in a single volume for the first time.Economic Lives shows how shared cultural understandings and interpersonal relations shape everyday economic activities. Far from being simple responses to narrow individual incentives and preferences, economic actions emerge, persist, and are transformed by our relations to others. Distilling three decades of research, the book offers a distinctive vision of economic activity that brings out the hidden meanings and social actions behind the supposedly impersonal worlds of production, consumption, and asset transfer. Economic Lives ranges broadly from life insurance marketing, corporate ethics, household budgets, and migrant remittances to caring labor, workplace romance, baby markets, and payments for sex. These examples demonstrate an alternative approach to explaining how we manage economic activity—as well as a different way of understanding why conventional economic theory has proved incapable of predicting or responding to recent economic crises.Providing an important perspective on the recent past and possible futures of a growing field, Economic Lives promises to be widely read and discussed.