front cover of The Mystery of Economic Growth
The Mystery of Economic Growth
Elhanan Helpman
Harvard University Press, 2004

Far more than an intellectual puzzle for pundits, economists, and policymakers, economic growth--its makings and workings--is a subject that affects the well-being of billions of people around the globe. In The Mystery of Economic Growth, Elhanan Helpman discusses the vast research that has revolutionized understanding of this subject in recent years, and summarizes and explains its critical messages in clear, concise, and accessible terms.

The tale of growth economics, as Helpman tells it, is organized around a number of themes: the importance of the accumulation of physical and human capital; the effect of technological factors on the rate of this accumulation; the process of knowledge creation and its influence on productivity; the interdependence of the growth rates of different countries; and, finally, the role of economic and political institutions in encouraging accumulation, innovation, and change.

One of the leading researchers of economic growth, Helpman succinctly reviews, critiques, and integrates current research--on capital accumulation, education, productivity, trade, inequality, geography, and institutions--and clarifies its relevance for global economic inequities. In particular, he points to institutions--including property rights protection, legal systems, customs, and political systems--as the key to the mystery of economic growth. Solving this mystery could lead to policies capable of setting the poorest countries on the path toward sustained growth of per capita income and all that that implies--and Helpman's work is a welcome and necessary step in this direction.

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front cover of The Mystery of Fascism
The Mystery of Fascism
David Ramsay Steele's Greatest Hits
David Ramsay Steele
St. Augustine's Press, 2019

David Ramsay Steele, PhD, is a libertarian writer with a powerful underground reputation for producing caustic, entertaining, knowledgeable, and surprising arguments, often violently at odds with conventional thinking. For the first time, some of Dr. Steele’s “greatest hits” have been brought together in an anthology of provocative essays on a wide range of topics. The essays are divided into two parts, “More Popular than Scholarly” and “More Scholarly than Popular.”

“Scott Adams and the Pinocchio Fallacy,” Steele’s 2018 refutation of the popular claim that we might be living in a “simulated reality,” has been hailed as a totally irresistible debunking of that fallacy as promoted by The Matrix movie and by Scott Adams (among many pundits).

“What Follows from the Non-Existence of Mental Illness?” (2017) preserves the crucial insights of “psychiatric abolitionist” Thomas Szasz, while exposing Szasz’s major misconceptions.

In “The Bigotry of the New Atheism” (2014), Steele, himself an atheist, brings out the intolerant quality of the “New Atheists.” Steele powerfully argues that while “enthusiastic belief systems” may give rise to enormous atrocities, the historical evidence goes against the theory (promoted by Harris, Dawkins, and Hitchens) that these appalling outcomes are more likely when those belief systems include belief in God.

“Taking the JFK Assassination Conspiracy Seriously” (2003) has been reprinted many times, continues to be viewed online many thousands of times, and like many of Steele’s writings, keeps making converts. It is acknowledged to be the most persuasive brief popular statement of the Lone Nut theory.

“The Mystery of Fascism” (2001), which gives this collection its title, is still continually viewed and cited, for its demonstration that fascism arose directly out of far-left revolutionary Marxism and revolutionary syndicalism. Conventional ideologues of both right and left have been provoked by this highly readable piece to start thinking outside the box.

The earliest piece in this collection, “Alice in Wonderland” (1987) is a devastating critique of the Ayn Rand belief system and the Ayn Rand cult.

“Gambling Is Productive and Rational” (1997), mercilessly strips away the loose thinking which favors intolerance and prohibition of gambling. Steele argues that gambling adds to human well-being and ought to be completely legalized everywhere.

Other topics include the recovered memory witch hunt of the 1990s, the benefits of replacing democratic voting with selection of political positions by lottery, the unexpected results of research into the causes of human happiness, the reasons why Dexter (a TV show sympathetic to a psychotic serial killer) was politically “safe,” why economic growth can go on for ever, why the most popular moral argument against eating meat just doesn’t work, how Hillary Clinton could have won the presidency in 2016, why Friedrich Hayek is wrong about social evolution, the inevitable disappearance of market socialism, Robert Nozick’s muddled thinking about economics, and the proper way to view anti-consensus theories such as the Atkins Diet.

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front cover of The Myth of Achievement Tests
The Myth of Achievement Tests
The GED and the Role of Character in American Life
Edited by James J. Heckman, John Eric Humphries, and Tim Kautz
University of Chicago Press, 2013
Achievement tests play an important role in modern societies. They are used to evaluate schools, to assign students to tracks within schools, and to identify weaknesses in student knowledge. The GED is an achievement test used to grant the status of high school graduate to anyone who passes it. GED recipients currently account for 12 percent of all high school credentials issued each year in the United States. But do achievement tests predict success in life?

The Myth of Achievement Tests shows that achievement tests like the GED fail to measure important life skills. James J. Heckman, John Eric Humphries, Tim Kautz, and a group of scholars offer an in-depth exploration of how the GED came to be used throughout the United States and why our reliance on it is dangerous. Drawing on decades of research, the authors show that, while GED recipients score as well on achievement tests as high school graduates who do not enroll in college, high school graduates vastly outperform GED recipients in terms of their earnings, employment opportunities, educational attainment, and health. The authors show that the differences in success between GED recipients and high school graduates are driven by character skills. Achievement tests like the GED do not adequately capture character skills like conscientiousness, perseverance, sociability, and curiosity. These skills are important in predicting a variety of life outcomes. They can be measured, and they can be taught.
 
Using the GED as a case study, the authors explore what achievement tests miss and show the dangers of an educational system based on them. They call for a return to an emphasis on character in our schools, our systems of accountability, and our national dialogue.

Contributors
Eric Grodsky, University of Wisconsin–Madison
Andrew Halpern-Manners, Indiana University Bloomington
Paul A. LaFontaine, Federal Communications Commission
Janice H. Laurence, Temple University
Lois M. Quinn, University of Wisconsin–Milwaukee
Pedro L. Rodríguez, Institute of Advanced Studies in Administration
John Robert Warren, University of Minnesota, Twin Cities
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front cover of The Mythology of Work
The Mythology of Work
How Capitalism Persists Despite Itself
Peter Fleming
Pluto Press, 2015
Once, work was inextricably linked to survival and self-preservation: the farmer ploughed his land so that his family could eat. In contrast, today work has slowly morphed into a painful and meaningless ritual for many, colonizing almost every part of our day, endless and inescapable.
            In The Mythology of Work, Peter Fleming examines how neoliberal society uses the ritual of work—and the threat of its denial—to maintain the late capitalist class order. Work becomes a universal reference point, devoid of any moral or political worth, transforming our society into a factory that never sleeps. Blending critical theory with recent accounts of job-related suicides, office-induced paranoia, fear of relaxation, managerial sadism, and cynical corporate social responsibility campaigns, Fleming paints a bleak picture of a society in which economic and emotional disasters greatly outweigh any professed benefits.
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