An in-depth and multiperspectival look at the Astros’ sign-stealing scandal and its roots in the culture of baseball fandom.

In 2017 the Houston Astros won their first World Series title, a particularly uplifting victory for the city following Hurricane Harvey. But two years later, the feel-good energy was gone after The Athletic revealed that the Astros had stolen signs from opposing catchers during their championship season, perhaps even during the playoffs and World Series. Their methods were at once high-tech and crude: staff took video of opponents’ pitching signals and transmitted the footage in real time to the Astros’ dugout, where players banged on trash cans to signal to their teammates at bat which pitches were coming their way. Wry observers labeled them the Asterisks, pointing to the title that no longer seemed so earned.

Astros and Asterisks examines the scandal from historical, journalistic, legal, ethical, and cultural perspectives. Authors delve into the Astros’ winning-above-all attitude, cultivated by a former McKinsey consultant; the significance of hiring a pitcher recently suspended for domestic abuse; the career-ending effects of the Astros’ transgression on opposing players; and the ethically fraught choices necessary to participate in sign-stealing. Ultimately, it links the Astros’ choices to the sporting world’s obsession with analytics. What emerges is a sobering tale about the impact of new technology on a game whose romanticized image feels increasingly incongruous with its reality in the era of big data and video.

Whether in the private parlor, public hall, commercial "dance palace," or sleazy dive, dance has long been opposed by those who viewed it as immoral--more precisely as being a danger to the purity of those who practiced it, particularly women. In Adversaries of Dance, Ann Wagner presents a major study of opposition to dance over a period of four centuries in what is now the United States.

Wagner bases her work on the thesis that the tradition of opposition to dance "derived from white, male, Protestant clergy and evangelists who argued from a narrow and selective interpretation of biblical passages," and that the opposition thrived when denominational dogma held greater power over people's lives and when women's social roles were strictly limited.

Central to Wagner's work, which will be welcomed by scholars of both religion and dance, are issues of gender, race, and socioeconomic status.

Spalding analyzes how issues as disparate as industrialization around coal, plantation culture, race relations, and the 1970s folk revival influenced freestyle clogging and other dance forms like square dancing in profound ways. She reveals how African Americans and Native Americans, as well as European immigrants drawn to the timber mills and coal fields, brought movement styles that added to local dance vocabularies. Placing each community in its sociopolitical and economic context, Spalding analyzes how the formal and stylistic nuances found in Appalachian dance reflect the beliefs, shared understandings, and experiences of the community at large, paying particular attention to both regional and racial diversity.

Written in clear and accessible prose, Appalachian Dance is a lively addition to the literature and a bold contribution to scholarship concerned with the meaning of movement and the ever-changing nature of tradition.

While Africans and their descendants have lived in Mexico for centuries, many Afro-Mexicans do not consider themselves to be either black or African. For almost a century, Mexico has promoted an ideal of its citizens as having a combination of indigenous and European ancestry. This obscures the presence of African, Asian, and other populations that have contributed to the growth of the nation. However, performance studies—of dance, music, and theatrical events—reveal the influence of African people and their cultural productions on Mexican society.

In this work, Anita González articulates African ethnicity and artistry within the broader panorama of Mexican culture by featuring dance events that are performed either by Afro-Mexicans or by other ethnic Mexican groups about Afro-Mexicans. She illustrates how dance reflects upon social histories and relationships and documents how residents of some sectors of Mexico construct their histories through performance. Festival dances and, sometimes, professional staged dances point to a continuing negotiation among Native American, Spanish, African, and other ethnic identities within the evolving nation of Mexico. These performances embody the mobile histories of ethnic encounters because each dance includes a spectrum of characters based upon local situations and historical memories.

Perpener begins with Hemsley Winfield, a versatile performer and director whose company, the New Negro Art Theatre, launched the careers of Edna Guy, Randolph Sawyer, and Ollie Burgoyne, among many others. Also profiled are Charles Williams, who directed the Hampton Creative Dance Group at the Hampton Institute in Virginia, and Asadata Dafora Horton, a native African who established himself as the preeminent purveyor of African dance and culture in America during the 1930s. Dafora's African Dance Troupe, which at one point came under the umbrella of the WPA Federal Theatre Project, was a focal point of the famous "voodoo" Macbeth, an all-black production set in Haiti and directed by the young Orson Welles.

Stepping onto the path cleared by these early innovators, two important artists combined dance with anthropology to expand the reach and scope of African-American dance. Katherine Dunham and Pearl Primus both studied anthropology and engaged in extensive fieldwork that infused their dances with Caribbean and African influences. Dunham founded two ambitious training schools, one in New York and one in East St. Louis, while Primus's projects included an African Arts Center in Monrovia, Liberia, dedicated to collecting dance material, teaching, and organizing professional performances.

Perpener examines the politics of racial and cultural difference and their impact on these early African-American dance leaders. In particular he documents the critical reception of their work, detailing the rigid preconceptions of African-American dance that white critics imposed on black artists. He also surveys important black dancers and choreographers since 1950, including Talley Beatty, Donald McKayle, Alvin Ailey, Eleo Pomare, Rod Rodgers, and Dianne McIntyre, and discusses how they have extended and diverged from traditions established by their predecessors.

Zahariadis offers a theory that explains policymaking when "ambiguity" is present—a state in which there are many ways, often irreconcilable, of thinking about an issue. Expanding and extending John Kingdon's influential "multiple streams" model that explains agenda setting, Zahariadis argues that manipulation, the bending of ideas, process, and beliefs to get what you want out of the policy process, is the key to understanding the dynamics of policymaking in conditions of ambiguity. He takes one of the major theories of public policy to the next step in three different ways: he extends it to a different form of government (parliamentary democracies, where Kingdon looked only at what he called the United States's presidential "organized anarchy" form of government); he examines the entire policy formation process, not just agenda setting; and he applies it to foreign as well as domestic policy.

This book combines theory with cases to illuminate policymaking in a variety of modern democracies. The cases cover economic policymaking in Britain, France, and Germany, foreign policymaking in Greece, all compared to the U.S. (where the model was first developed), and an innovative computer simulation of the policy process.

This book could be called “The Intelligent Person’s Guide to Economics.” Like Robert Heilbroner’s The Worldly Philosophers, it attempts to explain the core ideas of the great economists, beginning with Adam Smith and ending with Joseph Schumpeter. In between are chapters on Thomas Malthus, David Ricardo, Karl Marx, the marginalists, John Maynard Keynes, Friedrich Hayek, and Thorstein Veblen. The title expresses Duncan Foley’s belief that economics at its most abstract and interesting level is a speculative philosophical discourse, not a deductive or inductive science. Adam’s fallacy is the attempt to separate the economic sphere of life, in which the pursuit of self-interest is led by the invisible hand of the market to a socially beneficial outcome, from the rest of social life, in which the pursuit of self-interest is morally problematic and has to be weighed against other ends.

Smith and his successors argued that the market and the division of labor that is fostered by it result in tremendous gains in productivity, which lead to a higher standard of living. Yet the market does not address the problem of distribution—that is, how is the gain in wealth to be divided among the classes and members of society? Nor does it address such problems as the long-run well-being of the planet.

Adam’s Fallacy is beautifully written and contains interesting observations and insights on almost every page. It will engage the reader’s thoughts and feelings on the deepest level.

Economists and theologians usually inhabit different intellectual worlds. Economists investigate the workings of markets and tend to set ethical questions aside. Theologians, anxious to take up concerns raised by market outcomes, often dismiss economics and lose insights into the influence of market incentives on individual behavior. Mary L. Hirschfeld, who was a professor of economics for fifteen years before training as a theologian, seeks to bridge these two fields in this innovative work about economics and the thought of St. Thomas Aquinas.

According to Hirschfeld, an economics rooted in Thomistic thought integrates many of the insights of economists with a larger view of the good life, and gives us critical purchase on the ethical shortcomings of modern capitalism. In a Thomistic approach, she writes, ethics and economics cannot be reconciled if we begin with narrow questions about fair wages or the acceptability of usury. Rather, we must begin with an understanding of how economic life serves human happiness. The key point is that material wealth is an instrumental good, valuable only to the extent that it allows people to flourish. Hirschfeld uses that insight to develop an account of a genuinely humane economy in which pragmatic and material concerns matter but the pursuit of wealth for its own sake is not the ultimate goal.

The Thomistic economics that Hirschfeld outlines is thus capable of dealing with our culture as it is, while still offering direction about how we might make the economy better serve the human good.

Advanced Econometrics is both a comprehensive text for graduate students and a reference work for econometricians. It will also be valuable to those doing statistical analysis in the other social sciences. Its main features are a thorough treatment of cross-section models, including qualitative response models, censored and truncated regression models, and Markov and duration models, as well as a rigorous presentation of large sample theory, classical least-squares and generalized least-squares theory, and nonlinear simultaneous equation models.

Although the treatment is mathematically rigorous, the author has employed the theorem-proof method with simple, intuitively accessible assumptions. This enables readers to understand the basic structure of each theorem and to generalize it for themselves depending on their needs and abilities. Many simple applications of theorems are given either in the form of examples in the text or as exercises at the end of each chapter in order to demonstrate their essential points.

The ABCs of RBCs is the first book to provide a basic introduction to Real Business Cycle (RBC) and New-Keynesian models. These models argue that random shocks—new inventions, droughts, and wars, in the case of pure RBC models, and monetary and fiscal policy and international investor risk aversion, in more open interpretations—can trigger booms and recessions and can account for much of observed output volatility.

George McCandless works through a sequence of these Real Business Cycle and New-Keynesian dynamic stochastic general equilibrium models in fine detail, showing how to solve them, and how to add important extensions to the basic model, such as money, price and wage rigidities, financial markets, and an open economy. The impulse response functions of each new model show how the added feature changes the dynamics.

The ABCs of RBCs is designed to teach the economic practitioner or student how to build simple RBC models. Matlab code for solving many of the models is provided, and careful readers should be able to construct, solve, and use their own models.

In the tradition of the “freshwater” economic schools of Chicago and Minnesota, McCandless enhances the methods and sophistication of current macroeconomic modeling.

Economists make confident assertions in op-ed columns and on cable news—so why are their explanations often at odds with equally confident assertions from other economists? And why are all economic predictions so rarely borne out? Harnessing his frustration with these contradictions, Jonathan Schlefer set out to investigate how economists arrive at their opinions.

“A lucid, plain-spoken account of the major economic models, which [Schlefer] introduces in chronological order, creating a kind of intellectual history of macroeconomics. He explains what the models assume, what they actually demonstrate—and where they fall short.”
—Binyamin Applebaum, New York Times blog

“Fascinating...[Schlefer’s] book is a tough critique of economics, but a deeply informed and sympathetic one.”
—Justin Fox, Harvard Business Review blog

“This book is an impressive and informative analysis of the economics literature—and it presents some useful insights about how a more eclectic, catholic approach might allow economics to progress more convincingly into the future.”
—Michelle Baddeley, Times Higher Education

“The Assumptions Economists make [is] a knowledgeable...broadside against neoclassical economics...Schlefer’s gripes concern model-building run amok...His criticisms of these models are original and sophisticated.”
—Christopher Caldwell, Literary Review

A Foreign Affairs Best Book of the Year

“An intellectual excursion of a kind rarely offered by modern economics.”
—Foreign Affairs

Thomas Piketty’s Capital in the Twenty-First Century is the most widely discussed work of economics in recent years. But are its analyses of inequality and economic growth on target? Where should researchers go from there in exploring the ideas Piketty pushed to the forefront of global conversation? A cast of leading economists and other social scientists—including Emmanuel Saez, Branko Milanovic, Laura Tyson, and Michael Spence—tackle these questions in dialogue with Piketty.

“A fantastic introduction to Piketty’s main argument in Capital, and to some of the main criticisms, including doubt that his key equation…showing that returns on capital grow faster than the economy—will hold true in the long run.”
—Nature

“Piketty’s work…laid bare just how ill-equipped our existing frameworks are for understanding, predicting, and changing inequality. This extraordinary collection shows that our most nimble social scientists are responding to the challenge.”
—Justin Wolfers, University of Michigan

Over a forty-year career, Chicagoan Tom Burrell changed the face of advertising and revolutionized the industry’s approach to African Americans as human beings and consumers. Jason P. Chambers offers a biography of the groundbreaking creator and entrepreneur that explores Burrell’s role in building brands like McDonald’s and Coca-Cola within a deeply felt vision of folding positive images of Black people into mainstream American life. While detailing Burrell’s successes, Chambers tells a parallel story of what Burrell tried to do that sheds light on the motivations of advertising creators who viewed their work as being about more than just selling. Chambers also highlights how Burrell used his entrepreneurial gifts to build an agency that opened the door for Black artists, copywriters, directors, and other professionals to earn livings, build careers, and become leaders within the industry.

Compelling and multidimensional, Advertising Revolutionary combines archival research and interviews with Burrell and his colleagues to provide a long overdue portrait of an advertising industry legend and his times.

In 1921 Austria became the first interwar European country to experience hyperinflation. The League of Nations, among other actors, stepped in to help reconstruct the economy, but a decade later Austria’s largest bank, Credit-Anstalt, collapsed. Historians have correlated these events with the banking and currency crisis that destabilized interwar Europe—a narrative that relies on the claim that Austria and the global monetary system were the victims of financial interlopers. In this corrective history, Nathan Marcus deemphasizes the destructive role of external players in Austria’s reconstruction and points to the greater impact of domestic malfeasance and predatory speculation on the nation’s financial and political decline.

Consulting sources ranging from diplomatic dossiers to bank statements and financial analyses, Marcus shows how the League of Nations’ efforts to curb Austrian hyperinflation in 1922 were politically constrained. The League left Austria in 1926 but foreign interests intervened in 1931 to contain the fallout from the Credit-Anstalt collapse. Not until later, when problems in the German and British economies became acute, did Austrians and speculators exploit the country’s currency and compromise its value. Although some statesmen and historians have pinned Austria’s—and the world’s—economic implosion on financial colonialism, Marcus’s research offers a more accurate appraisal of early multilateral financial supervision and intervention.

Illuminating new facets of the interwar political economy, Austrian Reconstruction and the Collapse of Global Finance reckons with the true consequences of international involvement in the Austrian economy during a key decade of renewal and crisis.

Here is the most comprehensive and authoritative work to date on relationships between the economy and politics in the years from Eisenhower through Reagan. Extending and deepening his earlier work, which had major impact in both political science and economics, Douglas Hibbs traces the patterns in and sources of postwar growth, unemployment, and inflation. He identifies which groups “win” and “lose” from inflations and recessions. He also shows how voters’ perceptions and reactions to economic events affect the electoral fortunes of political parties and presidents.

Hibbs’s analyses demonstrate that political officials in a democratic society ignore the economic interests and demands of their constituents at their peril, because episodes of prosperity and austerity frequently have critical influence on voters’ behavior at the polls. The consequences of Eisenhower’s last recession, of Ford’s unwillingness to stimulate the economy, of Carter’s stalled recovery were electorally fatal, whereas Johnson’s, Nixon’s, and Reagan’s successes in presiding over rising employment and real incomes helped win elections.

The book develops a major theory of macroeconomic policy action that explains why priority is given to growth, unemployment, inflation, and income distribution shifts with changes in partisan control of the White House. The analysis shows how such policy priorities conform to the underlying economic interests and preferences of the governing party’s core political supporters. Throughout the study Hibbs is careful to take account of domestic institutional arrangements and international economic events that constrain domestic policy effectiveness and influence domestic economic outcomes.

Hibbs’s interdisciplinary approach yields more rigorous and more persuasive characterizations of the American political economy than either purely economic, apolitical analyses or purely partisan, politicized accounts. His book provides a useful benchmark for the advocacy of new policies for the 1990s—a handy volume for politicians and their staffs, as well as for students and teachers of politics and economics.

In 1900 the global average life expectancy at birth was thirty-one years. By 2000 it was sixty-six. Yet, alongside unprecedented improvements in longevity and material well-being, the twentieth century also saw the rise of fascism and communism and a second world war followed by a cold war. This book tells the story of the battles between economic systems that defined the last century and created today's world.

The nineteenth century was a period of rapid economic growth characterized by relatively open markets and more personal liberty, but it also brought great inequality within and between nations. The following century offered sharp challenges to free-wheeling capitalism from both communism and fascism, whose competing visions of planned economic development attracted millions of people buffeted by the economic storms of the 1930s. The Age of Equality describes the ways in which market-oriented economies eventually overcame the threat of these visions and provided a blueprint for reform in nonmarket economies. This was achieved not through unbridled capitalism but by combining the efficiency and growth potential of markets with government policies to promote greater equality of opportunity and outcome. Following on the heels of economic reform, rapid catch-up growth in countries such as China, India, Indonesia, Brazil, and Poland helped to reduce global inequality.

At a time when inequality is on the rise in nations as disparate as the United States and Egypt, Pomfret’s interpretation of how governments of market economies faced the challenges of the twentieth century is both instructive and cautionary.

For over forty years the Harvard Institute for International Development (HIID) has worked with countries in the developing world on the complex issues of economic and social reform. This volume describes the experience of the Institute in the challenging development assistance world of the 1980s and early 1990s, when HIID's largest projects involved work with countries attempting to move away from high levels of government intervention to more market-friendly systems. These efforts involved work in formerly centrally planned command economies (e.g., Russia, Vietnam, etc.) as well as in the mixed plan/market economies of Asia, Africa, and Latin America. The book also describes HIID's efforts in education and health reform as well as in the rapidly expanding area of environmental economics and policy.

Assisting Development in a Changing World is an unvarnished account written by the HIID practitioners who participated in these programs and edited by its former director and executive directors.

America Unequal demonstrates how powerful economic forces have diminished the prospects of millions of Americans and why "a rising tide no longer lifts all boats." Changes in the economy, public policies, and family structure have contributed to slow growth in family incomes and rising economic inequality. Poverty remains high because of an erosion of employment opportunities for less-skilled workers, not because of an erosion of the work ethic; because of a failure of government to do more for the poor and the middle class, not because of social programs.

There is nothing about a market economy, the authors say, that ensures that a rising standard of living will reduce inequality. If a new technology, such as computerization, leads firms to hire more managers and fewer typists, then the wages of lower-paid secretaries will decline and the wages of more affluent managers will increase. Such technological changes as well as other economic changes, particularly the globalization of markets, have had precisely this effect on the distribution of income in the United States.

America Unequal challenges the view, emphasized in the Republicans' "Contract with America," that restraining government social spending and cutting welfare should be our top domestic priorities. Instead, it proposes a set of policies that would reduce poverty by supplementing the earnings of low-wage workers and increasing the employment prospects of the jobless. Such demand-side policies, Sheldon Danziger and Peter Gottschalk argue, are essential for correcting a labor market that has been increasingly unable to absorb less-skilled and less-experienced workers.

At the dawn of the 1990s, it seemed that Amazonia had become irrevocably trapped in a downward spiral of deforestation, environmental destruction and social conflict. Yet over the past ten years a more acute awareness has emerged at all levels, national and international, of the need to encourage more sustainable policies and practices. That is, measures that provide for the economic development needs of Amazonia's diverse population, while at the same time conserving and managing the region's natural resource base. At a major conference, organised in London in June 1998 by the Institute of Latin American Studies (Amazonia 2000: Development, Environment and Geopolitics), over twenty international scholars traced the evolution of this gradual shift in thinking. The present volume, based on that conference, examines past patterns of destructive resource extraction in Amazonia and, more importantly, critically analyses a series of newer initiatives that offer more sustainable options. These include, amongst others, new production strategies, such as agroforestry, innovative resource governance models such as inland fisheries co-management and agro-ecological zoning. The challenge at this critical juncture is how to integrate such policies and practices into mainstream development within Amazonia. Contributors: David Cleary, Rene; Dreifuss, Philip Fearnside, Jessica Groenendijk, Anthony Hall, Judith Kimerling, Tom Lovejoy, Dennis Mahar, David McGrath, Emilio Moran, Darrel Posey, Nigel Smith, and Wouter Veening.

Vast social change has occurred in the Middle East since the oil boom of the mid-1970s. As the first anthropological study of an urban community in Saudi Arabia since that oil boom, Arabian Oasis City is also the first to document those changes.

Based on extensive interviews and participant observation with both men and women, the authors record and analyze the transformation that has occurred in this ancient oasis city throughout the twentieth century: the creation of the present Saudi Arabian state and of a new national economy based on the export of oil and the economic boom brought about by the dramatic increases in the price of oil following the October 1973 Arab-Israeli War. In addition, the authors reveal the changes brought about by the fall in the price of oil beginning in 1982 and analyze the problems confronting ‘Unayzah in its aftermath.

By demonstrating that the area was not exclusively dominated by tribalism and Bedouin nomads, this empirical case study destroys stereotypical views about Saudi Arabia. Indeed, it proves the existence—prior to the coming of the modern Saudi Arabian state— of surplus agricultural and craft production and the full development of local, regional, and long-distance trade networks. It shows that women, although veiled, played active roles in work outside the household. The social impact of change over the years is, however, profound—especially the gradual replacement of the extended family by the nuclear family, changing patterns of husband-wife relationships, the impact of self-earned income on the status of women, and the emergence of a new middle class of employees and entrepreneurs. Because of the high degree of gender segregation in this area of research, Altorki and Cole give us a fortunate collaboration between a Saudi Arabian female scholar and an American male scholar experienced in research in the Middle East.

More than we ever anticipated, alliances among firms are changing the way business is conducted, particularly in the global, high-technology sector. The reasons are clear: companies must increasingly pool their capabilities to succeed in ever more complex and rapidly changing businesses. But the consequences for managers and for the economy have so far been underestimated. In this new book, Benjamin Gomes-Casseres presents the first in-depth account of the new world of business alliances and shows how collaboration has become part of the very fabric of modern competition.

Alliances, he argues, create new units of competition that do battle with one another and with traditional single firms. The flexible capabilities of these multi-firm constellations give them advantages over single firms in certain contexts, offsetting the advantage of a single firm's unified control. When managed effectively, alliances can strengthen a firm's competitive advantage and narrow the gap between leading firms and second-tier players. This often results in intensified rivalry, and the competition within an industry is transformed. Alliances often spread swiftly through an industry as firms jockey for advantage. Yet the very spread of alliances increases their costs and poses new limits on their use. Gomes-Casseres concludes that firms need to manage their constellations to enhance collaboration within their groups, while raising what he calls "barriers to collaboration" for rivals.

These ideas are developed and illustrated through original case studies of alliances among U.S., Japanese, and European firms in electronics and computers, including Xerox, IBM, and Fujitsu as well as other small and large companies. The book should be of interest to business academics, managers, and general readers concerned with contemporary capitalism.