Sacred Queens and Women of Consequence is a pathbreaking examination of the contact encounter in Hawaii from the perspective of Hawaiian women. Jocelyn Linnekin offers a reconstruction of Hawaiian women's authority and status before contact with the West and examines changes in their cultural valuation and social position during the first century of Western contact. Through a detailed analysis of women's roles in exchange, production, kinship, and politics during the political and economic transformations of the nineteenth century, Linnekin challenges the view that Polynesian women were doomed to a peripheral status by the ritual logic of pollution. She demonstrates how Hawaiian women maintained their position as points of access to land and power, while frequently resisting the constraints of the tabu system as well as later Western-influenced attempts to abridge their authority.
This book is a unique and important contribution to the scholarship on Hawaiian history as well as to the growing literature on women and colonialism and women and social stratification. It will appeal to scholars and students who work in the areas of gender studies, social stratification, cultural change, Oceania, and historical anthropology.
Between the two world wars, the retail world experienced tremendous changes. New forms of competition, expanded networks of communication and transportation, and the proliferation of manufactured goods posed challenges to department store and small shopkeeper alike.
In western New York, and in Buffalo and Rochester in particular, retailers were a crucial part of urban life, acting as cultural brokers and civic leaders. They were also cultivators of area pride. Even as they adopted the latest merchandising techniques or stocked the newest items, merchants emphasized their local roots and their ability to put a local spin on national trends and innovations. Regional identity became a powerful selling tool not only during the prosperity of the 1920s but also through the economic crisis of the Great Depression.
Sales and Celebrations explains how local traditions and institutions affected the evolution of American consumer culture. It expands our understanding of American consumerism, demonstrating that local particularities and loyalties could often coexist with, and occasionally challenge, the spread of mass consumption. In her award-winning study, Professor Sarah Elvins provides new insight into the relationship between America’s largest metropolises and its smaller centers. Retailers in Buffalo and Rochester did not simply imitate the practices of their counterparts in Manhattan and Chicago; they highlighted their unique ability to serve the wants and needs of their particular markets.
By drawing attention to this persistent power of the local, Sales and Celebrations illuminates a neglected aspect of the story of American culture in the interwar period.
Salvadorans in Costa Rica: Displaced Lives introduces readers to people from a wide range of class and educational backgrounds who had come to Costa Rica from all over El Salvador. All shared the experience of having become refugees and having settled in a new country under the same circumstances, and when the war in their own country ended, they shared a concern about the issues involved in deciding whether to return there. Their diversity allows Hayden to examine the ways in which the language of national identity played out in different contexts and sometimes contradictory ways.
Drawing on contemporary theories of migration and space, Hayden identifies the discourses, narratives, and concepts that Salvadorans in Costa Rica had in common and then analyzes the ways in which their experiences and their uses of those discourses varied. She focuses on key spatial concepts that Salvadorans used in talking about displacement and re-emplacement in order to show how they constructed the experience of settlement and how such variables as gender and age influenced their experiences. Because "nationality" was an idiom they used to relate their experiences, she pays particular attention to the role of national belonging and national difference—in terms of both the ways in which the Salvadorans were received by Costa Ricans and their reactions to their new lives in Costa Rica. A concluding chapter compares them with Salvadorans who emigrated to other countries.
The story of these displaced Salvadorans, focusing on the lives of real people, can give us a new understanding of how individuals feel a sense of belonging to a sociocultural space. By exploring many meanings of the nation and national belonging for different people under varying conditions, Hayden's study provides fresh insights into the dynamics of migration, gender, and nationalism.
Undocumented migration is a huge global phenomenon, yet little is known about the reality of life for those involved. Sans Papiers combines a contemporary account of the theoretical and policy debates with an in-depth exploration of the lived experiences of undocumented migrants in the UK from Zimbabwe, China, Brazil, Ukraine and Turkish Kurdistan.
Built around their voices, the book provides a unique understanding of migratory processes, gendered experiences and migrant aspirations. Moving between the uniqueness of individual experience and the search for commonalities, the book explores the ambiguities and contradictions of being an undocumented migrant.
With its insights into personal experiences alongside analysis of wider policy issues, Sans Papiers will have wide appeal for students, academics, policy-makers and practitioners.
Economic modernity is so closely associated with nationhood that it is impossible to imagine a modern state without an equally modern economy. Even so, most people would have difficulty defining a modern economy and its connection to nationhood. In Saving the Nation, Margherita Zanasi explores this connection by examining the first nation-building attempt in China after the fall of the empire in 1911.
Challenging the assumption that nations are products of technological and socioeconomic forces, Zanasi argues that it was notions of what constituted a modern nation that led the Nationalist nation-builders to shape China’s institutions and economy. In their reform effort, they confronted several questions: What characterized a modern economy? What role would a modern economy play in the overall nation-building effort? And how could China pursue economic modernization while maintaining its distinctive identity? Zanasi expertly shows how these questions were negotiated and contested within the Nationalist Party. Silenced in the Mao years, these dilemmas are reemerging today as a new leadership once again redefines the economic foundation of the nation.
Tells the story of Jamaican “scammers” who use crime to gain autonomy, opportunity, and repair
There is romance in stealing from the rich to give to the poor, but how does that change when those perceived rich are elderly white North Americans and the poor are young Black Jamaicans? In this innovative ethnography, Jovan Scott Lewis tells the story of Omar, Junior, and Dwayne. Young and poor, they strive to make a living in Montego Bay, where call centers and tourism are the two main industries in the struggling economy. Their experience of grinding poverty and drastically limited opportunity leads them to conclude that scamming is the best means of gaining wealth and advancement. Otherwise, they are doomed to live in “sufferation”—an inescapable poverty that breeds misery, frustration, and vexation.
In the Jamaican lottery scam run by these men, targets are told they have qualified for a large loan or award if they pay taxes or transfer fees. When the fees are paid, the award never arrives, netting the scammers tens of thousands of U.S. dollars. Through interviews, historical sources, song lyrics, and court testimonies, Lewis examines how these scammers justify their deceit, discovering an ethical narrative that reformulates ideas of crime and transgression and their relationship to race, justice, and debt.
Scammer’s Yard describes how these young men, seeking to overcome inequality and achieve autonomy, come to view crime as a form of liberation. Their logic raises unsettling questions about a world economy that relegates postcolonial populations to deprivation even while expecting them to follow the rules of capitalism that exacerbate their dispossession. In this groundbreaking account, Lewis asks whether true reparation for the legacy of colonialism is to be found only through radical—even criminal—means.
Every country has its second, underground, unofficial, irregular or parallel economy. By their nature they are hidden and defy accurate and formal measurement. They provoke conceptual and definitional arguments among analysts. There has recently been a surge of interest; anecdote, newspaper reports and ‘educated guesses’ have increasingly been replaced by serious analysis. However, most of the new generation of studies are of developed economies.
This book examines the effect on a developing economy. It explores the causes, identifies the key sectoral manifestations and reveals the various groups of actors. It attempts to establish the size of the second economy of Tanzania.
Various factors drove the official economy into distress. Tanzanian peasants, wage earners and firms resorted to legitimate and illegitimate activities to overcome state control and shortage of basic necessities.
This pioneering study will be invaluable for policy makers, international funding bodies and for students who are faced with trying to understand the realities of life behind the formal facade of economic theory and official statistics.
Contributors. Peter Benson, Manuela Camus, Avery Dickins de Girón, Edward F. Fischer, Deborah Levenson, Thomas Offit, Kevin Lewis O’Neill, Kedron Thomas, Rodrigo José Véliz
Tracks the shifting views of the Lower East Side from ghetto to desirable urban niche.
The Lower East Side of Manhattan is rich in stories-of poor immigrants who flocked there in the late nineteenth and early twentieth centuries; of beatniks, hippies, and artists who peopled it mid-century; and of the real estate developers and politicians who have always shaped what is now termed the "East Village." Today, the musical Rent plays on Broadway to a mostly white and suburban audience, MTV exploits the neighborhood’s newly trendy squalor in a film promotion, and on the Internet a cyber soap opera and travel-related Web pages lure members of the middle class to enjoy a commodified and sanitized version of the neighborhood.
In this sweeping account, Christopher Mele analyzes the political and cultural forces that have influenced the development of this distinctive community. He describes late nineteenth-century notions of the Lower East Side as a place of entrenched poverty, ethnic plurality, political activism, and "low" culture that elicited feelings of revulsion and fear among the city’s elite and middle classes. The resulting-and ongoing-struggle between government and residents over affordable and decent housing has in turn affected real estate practices and urban development policies. Selling the Lower East Side recounts the resistance tactics used by community residents, as well as the impulse on the part of some to perpetuate the image of the neighborhood as dangerous, romantic, and bohemian, clinging to the marginality that has been central to the identity of the East Village and subverting attempts to portray it as "new and improved." Ironically, this very image of urban grittiness has been appropriated by a cultural marketplace hungry for new fodder. Mele explores the ways that developers, media executives, and others have coopted the area’s characteristics-analyzing the East Village as a "style provider" where what is being marketed is "difference." The result is a visionary look at how political and economic actions transform neighborhoods and at what happens when a neighborhood is what is being "consumed."A comprehensive web site for Selling the Lower East Side can be found at www.upress.umn.edu/sles.Analyzing a Chinese city’s dazzling rise to global megacity status
Until around 1990, Shanghai was China’s premier but sluggish industrial center. Now at the beginning of the twenty-first century, the joint impact of global forces and state power has turned Shanghai into a dynamic megacity. Shanghai’s remarkable growth in economy, infrastructure, and global presence has prompted questions about the Shanghai “miracle.” This collection places the city’s unprecedented rise in a rare comparative examination of U.S. cities, as well as with Asian megacities Singapore and Hong Kong, providing a nuanced account of how Shanghai’s politics, economy, society, and space have been transformed by macro- and micro-level forces.
Contributors: Stephen W. K. Chiu, Chinese U of Hong Kong; K. C. Ho, National U of Singapore; John D. Kasarda, U of North Carolina; Hanlong Lu, Shanghai Academy of Social Sciences; Tai-lok Lui, Chinese U of Hong Kong; Ann R. Markusen, U of Minnesota; Anthony M. Orum, U of Illinois, Chicago; Yuan Ren, Fudan U Shanghai; Saskia Sassen, Columbia U; Jiaming Sun, Texas A&M U, Commerce; Fulong Wu, Cardiff U; Pingkang Yu, George Washington U; Tingwei Zhang, U of Illinois, Chicago; Zhenhua Zhou, Development Research Center, Shanghai Municipal Government.The cash transfer program is Oportunidades, which enrolls more than a fifth of Mexico's population. It expects mothers to become involved in their children's lives at three nodes--health, nutrition, and education. If women do not comply with the standards of modern motherhood, they are dropped from the program and lose the bi-monthly cash payments. Smith-Oka explores the everyday implementation of the program and its unintended consequences.
The mothers are often berated by clinicians for having too many children (Smith-Oka provides background on the history of eugenics and population control in Mexico) and for other examples of their "backward" ways. An entire chapter focuses on the humor indigenous women use to cope with disrespectful comments. Ironically, this form of resistance allows the women to accept the situation that controls their behavior.
Winner of the Alice Hanson Jones Prize, Economic History Association
A Choice Outstanding Academic Title of the Year
The civil rights movement was also a struggle for economic justice, one that until now has not had its own history. Sharing the Prize demonstrates the significant material gains black southerners made—in improved job opportunities, quality of education, and health care—from the 1960s to the 1970s and beyond. Because black advances did not come at the expense of southern whites, Gavin Wright argues, the civil rights struggle was that rarest of social revolutions: one that benefits both sides.
“Wright argues that government action spurred by the civil-rights movement corrected a misfiring market, generating large economic gains that private companies had been unable to seize on their own.”
—The Economist
“Written…with the care and imagination [Wright] displayed in his superb work on slavery and the southern economy since the Civil War, this excellent economic history offers the best empirical account to date of the effects the civil rights revolution had on southern labor markets, schools, and other important institutions…With much of the nation persuaded that a post-racial age has begun, Wright’s analytical history…takes on fresh urgency.”
—Ira Katznelson, New York Review of Books
Modern tourism in the Ozark Mountains of Missouri and Arkansas is concentrated around the area’s glistening man-made lakes, its fish-filled streams and rivers, and the entertainment mecca of Branson. But recreational excursions into this part of the country began over one hundred years ago as urban Midwesterners, many of them captivated by Harold Bell Wright’s novel The Shepherd of the Hills, sought the outdoors for spiritual and physical regeneration.
Morrow and Myers-Phinney excavate the beginnings of commercial tourism in the region and follow it through six decades as the influx of visitors who became familiar with the Ozarks and its investment opportunities brought capital, new commerce, and additional residents to the hills. Chapters focus on float fishing, game parks, cave exploration, the influence of the railroad, and the men who were instrumental in the region’s transformation. The authors discuss traditional lifestyles rooted in “living off the land,” with stock raising and lumbering providing basic subsistence, and changes wrought by tourism, which affected all classes of people across the White River landscape. They describe the flowering of “Ozarks folklore”—how stories told around gravel-bar fishing camps and retold by newspaper journalists translated the hills’ oral tradition for mass audiences.
While the main theme of this study is the development of tourism, it is also a social history of the interior highlands of the Ozarks. We see how the residents and their way of life were discovered, exploited, and changed by new opportunities and the demands of tourism and increasing trade. As such, this book is a valuable new addition to the University of Arkansas Press’s Ozarks Collection.
How China’s borderlands transformed politically and culturally throughout the twentieth and twenty-first centuries.
China’s land borders, shared with fourteen other nations, are the world’s longest. Like all borders, they are not just lines on a map but also spaces whose histories and futures are defined by their frontier status. An ambitious appraisal of China’s borderlands, Shifting Sands addresses the full scope and importance of these regions, illustrating their transformation from imperial backwaters to hotbeds of resource exploitation and human development in the age of neoliberal globalization.
Xiaoxuan Lu brings to bear an original combination of archival research, fieldwork, cartography, and landscape analysis, broadening our understanding of the political economy and cultural changes in China’s borderlands in the twentieth and twenty-first centuries. While conventional wisdom looks to the era of Deng Xiaoping for China’s “opening,” Lu shows the integration of China’s borderlands into national and international networks from Sun Yat-sen onward. Yet, while the state has left a firm imprint on the borderlands, they were hardly created by China alone. As the Chinese case demonstrates, all borderlands are transnational, their physical and socioeconomic landscapes shaped by multidirectional flows of materials, ideas, and people.
Despite the substantial economic and political strides that African-Americans have made in this century, welfare remains an issue that sharply divides Americans by race. Shifting the Color Line explores the historical and political roots of enduring racial conflict in American welfare policy, beginning with the New Deal.
Through Social Security and other social insurance programs, white workers were successfully integrated into a strong national welfare state. At the same time, African-Americans--then as now disproportionately poor--were relegated to the margins of the welfare state, through decentralized, often racist, public assistance programs.
Over the next generation, these institutional differences had fateful consequences for African-Americans and their integration into American politics. Owing to its strong national structure, Social Security quickly became the closest thing we have to a universal, color-blind social program. On the other hand, public assistance--especially Aid to Families with Dependent Children (AFDC)--continued to treat African-Americans badly, while remaining politically weak and institutionally decentralized.
Racial distinctions were thus built into the very structure of the American welfare state. By keeping poor blacks at arm's length while embracing white workers, national welfare policy helped to construct the contemporary political divisions--middle-class versus poor, suburb versus city, and white versus black--that define the urban underclass.
ONE OF THE WALL STREET JOURNAL'S 10 BEST BOOKS OF 2024
How inflation and deflation fears shape American democracy.
Many foundational moments in American economic history—the establishment of paper money, wartime price controls, the rise of the modern Federal Reserve—occurred during financial panics as prices either inflated or deflated sharply. The government’s decisions in these moments, intended to control price fluctuations, have produced both lasting effects and some of the most contentious debates in the nation’s history.
A sweeping history of the United States’ economy and politics, Shock Values reveals how the American state has been shaped by a massive, ever-evolving effort to insulate its economy from the real and perceived dangers of price fluctuations. Carola Binder narrates how the pains of rising and falling prices have brought lasting changes for every generation of Americans. And with each brush with price instability, the United States has been reinvented—not as a more perfect union, but as a reflection of its most recent failures.
Shock Values tells the untold story of prices and price stabilization in the United States. Expansive and enlightening, Binder recounts the interest-group politics, legal battles, and economic ideas that have shaped a nation from the dawn of the republic to the present.
How women in turn-of-the-century Chicago used their consumer power to challenge male domination of public spaces and stake their own claim to downtown.
Popular culture assumes that women are born to shop and that cities welcome their trade. But for a long time America’s downtowns were hardly welcoming to women. Emily Remus turns to Chicago at the turn of the twentieth century to chronicle a largely unheralded revolution in women’s rights that took place not at the ballot box but in the streets and stores of the business district.
After the city’s Great Fire, Chicago’s downtown rose like a phoenix to become a center of urban capitalism. Moneyed women explored the newly built department stores, theaters, and restaurants that invited their patronage and encouraged them to indulge their fancies. Yet their presence and purchasing power were not universally appreciated. City officials, clergymen, and influential industrialists condemned these women’s conspicuous new habits as they took their place on crowded streets in a business district once dominated by men.
A Shoppers’ Paradise reveals crucial points of conflict as consuming women accessed the city center: the nature of urban commerce, the place of women, the morality of consumer pleasure. The social, economic, and legal clashes that ensued, and their outcome, reshaped the downtown environment for everyone and established women’s new rights to consumption, mobility, and freedom.
Writing in Life magazine in February 1941, Henry Luce memorably announced the arrival of “The American Century.” The phrase caught on, as did the belief that America’s moment was at hand. Yet as Andrew J. Bacevich makes clear, that century has now ended, the victim of strategic miscalculation, military misadventures, and economic decline. To take stock of the short American Century and place it in historical perspective, Bacevich has assembled a richly provocative range of perspectives.
What did this age of reputed American preeminence signify? What caused its premature demise? What legacy remains in its wake? Distinguished historians Jeffry Frieden, Akira Iriye, David Kennedy, Walter LaFeber, Jackson Lears, Eugene McCarraher, Emily Rosenberg, and Nikhil Pal Singh offer illuminating answers to these questions. Achievement and failure, wisdom and folly, calculation and confusion all make their appearance in essays that touch on topics as varied as internationalism and empire, race and religion, consumerism and globalization.
As the United States grapples with protracted wars, daunting economic uncertainty, and pressing questions about exactly what role it should play in a rapidly changing world, understanding where the nation has been and how it got where it is today is critical. What did the forging of the American Century—with its considerable achievements but also its ample disappointments and missed opportunities—ultimately yield? That is the question this important volume answers.
This powerful interpretation of English history provides a completely new framework for understanding how Britain emerged in the eighteenth century as a major international power.
John Brewer’s brilliant analysis makes clear that the drastic increase in Britain's military involvement (and success) in Europe and the expansion of her commercial and imperial interests would not have happened without a concurrent radical increase in taxation, along with a surge in deficit financing and the growth of a substantial public administration. Warfare and taxes reshaped the English economy, and at the heart of these dramatic changes lay an issue that is still very much with us today: the tension between a nation's aspirations to be a major power and fear of the domestic consequences of such an ambition—namely, the loss of liberty.
China has been an important player in the international economy for two thousand years and has historically exerted enormous influence over the development and nature of political and economic affairs in the regions beyond its borders, especially its neighbors.
Sino–Malay Trade and Diplomacy from the Tenth through the Fourteenth Century examines how changes in foreign policy and economic perspectives of the Chinese court affected diplomatic intercourse as well as the fundamental nature of economic interaction between China and the Malay region, a subregion of Southeast Asia centered on the Strait of Malacca.
This study’s uniqueness and value lie in its integration of archaeological, epigraphic, and textual data from both China and Southeast Asia to provide a rich, multilayered picture of Sino–Southeast Asian relations in the premodern era. Derek Heng approaches the topic from both the Southeast Asian and Chinese perspectives, affording a dual narrative otherwise unavailable in the current body of Southeast Asian and China studies literature.
In the decades since the end of the Second World War, the unification of Europe has been a subject of enormous importance and tension to politicians, citizens, and scholars. Yet lacking the basic demographic, economic, and social data that would provide a fuller picture of what this integration will involve, the debate has produced more heat than light.
This book, the most comprehensive single-volume source of information available on the social and economic transformations in Europe over the past hundred years, fills that critical gap in our knowledge. In its pages we find examinations of population trends (including growth, mortality, national and international migration, and fertility), social structures (work, income, lifestyle, consumer patterns, welfare programs), and economic structures (agriculture, industry, and services), and an integrative overview of changes in both the organization of the economy and the role of the state in economic management. Paying particular attention to the period since 1950, the authors summarize the developmental paths of the four socioeconomic regions of Europe.The data and analyses provided here make this book an invaluable resource to professionals and scholars in a wide range of fields, from history, politics, and economics to journalism and international business.
Drawing on her experience during the crisis as an employee in a public works program in Seoul, Song provides an ethnographic assessment of the efforts of the state and civilians to regulate social insecurity, instability, and inequality through assistance programs. She focuses specifically on efforts to help two populations deemed worthy of state subsidies: the “IMF homeless,” people temporarily homeless but considered employable, and the “new intellectuals,” young adults who had become professionally redundant during the crisis but had the high-tech skills necessary to lead a transformed post-crisis South Korea.
Dr. Nguyen Anh Tuan, former Minister of Finance of the Republic of South Vietnam, addresses a common perception of Vietnam: that South Vietnam was a fragmented society which did not deserve to succeed because of its internal weaknesses. According to Tuan, however, South Vietnam in the last decade of its life developed considerable governmental cohesion and internal social strength. Before the final failure of will, the South and its defenders were well on the way to becoming a viable society that had managed with American assistance to lift itself by its bootstraps to the point to economic take-off. Tuan argues that South Vietnam’s fall was not inevitable. This controversial book will be of great interest to all those concerned with the Vietnamese experience during the period 1954-1975.
This pioneering book, first published to wide acclaim in 1986, traces the way the Ethiopian center and the peripheral regions of the country affected each other. It looks specifically at the expansion of the highland Ethiopian state into the western and southern lowlands from the 1890s up to 1974.
The seventeenth century has been characterized as "Latin America's forgotten century." This landmark work, originally published in 1973, attempted to fill the vacuum in knowledge by providing an account of the first great colonial cycle in Spanish Central America. The colonial Spanish society of the sixteenth century was very different from that described in the eighteenth century. What happened in the Latin American colonies between the first conquests, the seizure of long-accumulated Indian wealth, the first silver booms, and the period of modern raw material supply? How did Latin America move from one stage to the other? What were these intermediate economic stages, and what effect did they have on the peoples living in Latin America? These questions continue to resonate in Latin American studies today, making this updated edition of Murdo J. MacLeod's original work more relevant than ever.
Colonial Central America was a large, populous, and always strategically significant stretch of land. With the Yucatán, it was home of the Maya, one of the great pre-Columbian cultures. MacLeod examines the long-term process it underwent of relative prosperity, depression, and then recovery, citing comparative sources on Europe to describe Central America's great economic, demographic, and social cycles. With an updated historiographical and bibliographical introduction, this fascinating study should appeal to historians, anthropologists, and all who are interested in the colonial experience of Latin America.
In the first half of the nineteenth century the Qing Empire faced a crisis. It was broadly perceived both inside and outside of government that the “prosperous age” of the eighteenth century was over. Bureaucratic corruption and malaise, population pressure and food shortages, ecological and infrastructural decay, domestic and frontier rebellion, adverse balances of trade, and, eventually, a previously inconceivable foreign threat from the West seemed to present hopelessly daunting challenges.
This study uses the literati reformer Bao Shichen as a prism to understand contemporary perceptions of and proposed solutions to this general crisis. Though Bao only briefly and inconsequentially served in office himself, he was widely recognized as an expert on each of these matters, and his advice was regularly sought by reform-minded administrators. From examination of his thought on bureaucratic and fiscal restructuring, agricultural improvement, the grain tribute administration, the salt monopoly, monetary policy, and foreign relations, Bao emerges as a consistent advocate of the hard-nosed pursuit of material “profit,” in the interests not only of the rural populace but also of the Chinese state and nation, anticipating the arguments of “self-strengthening” reformers later in the century.
This manual for students focuses on archival research in the economic and business history of the Republican era (1911–1949). Following a general discussion of archival research and research aids for the Republican period, the handbook introduces the collections of archives in the People’s Republic of China and the Republic of China on Taiwan that contain materials in the areas of economics and business, with data on the history of the archives, descriptions of their holdings, and publications on their collections.
The second half of the work consists of guided readings in Republican-era documents, such as government decrees, regulations, and business letters, with complete vocabulary lists and explanations of terms. Also included with the handbook are facsimile reproductions of these documents.
Never before have Americans been so anxious about the future of their society. But rarely has anyone offered a clear statement about why, in a nation so prosperous, free, and stable, we tend to assume that the country is in dire straits and that the government can do little to help. This book is just such a statement, an eloquent assessment of where America stands, how our society has changed in the past half-century, and who or what is responsible for our current frustrations.
Derek Bok examines the nation's progress in five areas that Americans generally consider to be of paramount importance: economic prosperity, quality of life, opportunity, personal security, and societal values. He shows that although we are better off today in most areas than we were in 1960, we have performed poorly overall compared with other leading industrial nations. And when it comes to providing adequate health care at a reasonable cost, educating our young people for high-skilled jobs, alleviating poverty and urban blight, and reducing crime, our record has been dismal. Comparing the United States with other leading industrial nations on more than sixty key indicators, Bok shows that we rank below average in more than two-thirds of the cases and at the bottom in more than half.
What has caused this decline, and what can be done about it? In virtually all important areas of American life, Bok concludes, government policies have played a significant, often decisive role in accounting for our successes as well as our failures. But whereas others call for downsizing the federal government, Bok argues that government is essential to achieving America's goals. In short, Ronald Reagan was only half right. Government is the problem. But it is also the most important part of the solution. By assessing the state of the nation and identifying the reasons for its current condition, this book helps set the agenda for improving America's performance in the future.
A fast-paced, behind-closed-doors account of the Federal Reserve’s decision making during the 2008 financial crisis, showing how Fed policymakers overcame their own assumptions to contain the disaster.
The financial crisis of 2008 led to the collapse of several major banks and thrust the US economy into the deepest recession since the Great Depression. The Federal Reserve was the agency most responsible for maintaining the nation’s economic stability. And the Fed’s Open Market Committee was a twelve-member body at the epicenter, making sense of the unfolding crisis and fashioning a response. This is the story of how they failed, learned, and staved off catastrophe.
Drawing on verbatim transcripts of the committee’s closed-door meetings, Mitchel Abolafia puts readers in the room with the Federal Reserve’s senior policymaking group. Abolafia uncovers what the Fed’s policymakers knew before, during, and after the collapse. He explores how their biases and intellectual commitments both helped and hindered as they made sense of the emergency. In an original contribution to the sociology of finance, Stewards of the Market examines the social and cultural factors that shaped the Fed’s response, one marked by missed cues and analytic failures but also by successful improvisations and innovations.
Ideas, traditions, and power all played their roles in the Fed’s handling of the crisis. In particular, Abolafia demonstrates that the Fed’s adherence to conflicting theories of self-correcting markets contributed to the committee’s doubts and decisions. A vivid portrait of the world’s most powerful central bank in a moment of high stakes, Stewards of the Market is rich with insights for the next financial downturn.
Still the Promised City? addresses the question of why African-Americans have fared so poorly in securing unskilled jobs in the postwar era and why new immigrants have done so well. Does the increase in immigration bear some responsibility for the failure of more blacks to rise, for their disappearance from many occupations, and for their failure to establish a presence in business?
The two most popular explanations for the condition of blacks invoke the decline of manufacturing in New York and other major American cities: one claims that this decline has closed off job opportunities for blacks that were available for earlier immigrants who lacked skills and education; the other emphasizes "globalization"--the movement of manufacturing jobs offshore to areas with lower labor costs. But Roger Waldinger shows that these explanations do not fit the facts. Instead, he points out that a previously overlooked factor--population change--and the rapid exodus of white New Yorkers created vacancies for minority workers up and down the job ladder. Ethnic succession generated openings both in declining industries, where the outward seepage of whites outpaced the rate of job erosion, and in growth industries, where whites poured out of bottom-level positions even as demand for low-level workers increased. But this process yielded few dividends for blacks, who saw their share of the many low-skilled jobs steadily decline. Instead, advantage went to the immigrants, who exploited these opportunities by expanding their economic base.
Waldinger explains these disturbing facts by viewing employment as a queuing process, with the good jobs at the top of the job ladder and the poor ones at the bottom. As economic growth pulls the topmost ethnic group up the ladder, lower-ranking groups seize the chance to fill the niches left vacant. Immigrants, remembering conditions in the societies they just left, are eager to take up the lower-level jobs that natives will no longer do. By contrast, African-Americans, who came to the city a generation ago, have job aspirations similar to those of whites. But the niches they have carved out, primarily in the public sector, require skills that the least educated members of their community do not have. Black networks no longer provide connections to the lower-level jobs, and relative to the newcomers, employers find unskilled blacks to be much less satisfactory recruits. The result is that a certain number of well-educated blacks have good middle-class jobs, but many of the less educated have fallen back into an underclass. Grim as this analysis is, it points to a deeper understanding of America's most serious social problem and offers fresh approaches to attacking it.
“The principal authority for the general treatment of the history of coal, and of iron and steel, in
Alabama is the work of Miss Ethel Armes. The Story of Coal and Iron in Alabama is a comprehensive
and scholarly work portraying in attractive style the growth of the mineral industries in its
relation to the development of the state and of the South, in preparation of which the author spent
more than five years.”
—Thomas McAdory Owen, History of Alabama and Dictionary of Alabama Biography
By the mid-1980s, Korea's economic and political situation was becoming volatile. Labor relations were especially contentious. The Strains of Economic Growth, a collaborative research project between the Harvard Institute for International Development and the Korea Development Institute provides an analytic history of the economic causes of the labor unrest and popular discontent of the late 1980s. Set against rapid increases in wages and employment, worker dissatisfaction is traced to patterns of income inequality and to non-pecuniary dimensions of working life, including the suppression of labor organizations. The desire for greater political freedom also played an important role in the unprecedented unrest of this period.
The conclusions of this volume are essential for understanding the labor struggles that continue in Korea today and are highly relevant for policy makers from other emerging economies that wish to benefit from both the successes and failures of Korea's experience.
Studies on the economics of technological change have only recently become prevalent; nevertheless, the literature is already proliferating at a rate that makes assimilation difficult for the individual scholar. Anne Carter's volume brings to the vast material on production analysis, growth, and economic development the perspective and insights gained through the examination of intermediate inputs and the explanation of structural change in input-output coefficients.
“The present study,” writes the author, “is rooted in the premise that an explicit analysis of changing intermediate input requirements adds more to insight than it does to confusion—particularly in the understanding of technological change... Many practical problems of business and government require an understanding of how, and at what rate, use of plastics or truck transportation or producers' services is changing. Indeed, it is difficult to conceive of studying some central aspects of technical change—such as invention or diffusion of new techniques—without introducing specific intermediate inputs... These are an essential part of the picture. They turn up as variables in questions and answers about our economic system that cannot be discussed at a highly aggregate level. Most important, they are indispensable in bridging the gap between engineering and technical information, on the one hand, and economic description, on the other.”
This work assembles comparable input-output tables for 1939, 1947, and 1958 along with auxiliary information on labor, capital, and final demand for 1939, 1947, 1958, and 1961—data that have not in the past been readily accessible to most students and business analysts. Graphic forms of presentation liberally supplement the basic tables. The study shows how technological change has affected industrial specialization, as well as direct primary inputs, and how these components of change are interrelated. The overall proportion of intermediate to final production saw little change, but systematic shifts appeared in the relative contributions of individual industries. Most structural change resulted from the assimilation of new techniques rather than from classical substitution and, in general, direct laborsaving was large relative to changes in capitol and intermediate requirements.
Carter's study is the first to pursue the question of structural stability and structural change for the United States in detailed, comprehensive, quantitative terms, tying concrete developments in technology to the broader economic picture.
In all societies, the main causes of environmental degradation are resource extraction and the generation of wastes by households and industries. Realistic strategies for mitigating these impacts require an understanding of both the technologies by which resources are transformed into products, and the lifestyle choices that shape household use of such products.
Structural Economics provides a framework for developing and evaluating such strategies. It represents an important new approach to describing household lifestyles and technological choices, the relationships between them, and their impact on resource use and waste. In this volume, economist Faye Duchin provides for the first time an authoritative and comprehensive introduction to the field, including its social as well as its technological dimensions. The presentation is accessible to non-specialists while also including a substantial amount of new research.
Duchin's primary achievement is to integrate a qualitatively rich understanding of technologies and lifestyles into a flexible, quantitative framework grounded in established principles of input-output economics and social accounting. She uses tools and insights from areas as diverse as demography and market research to conceptualize and describe different categories of households and their lifestyles. She also draws on the expertise of engineers and physical scientists to examine the potential for technological change. The framework Duchin develops permits the rigorous and detailed analysis of specific scenarios for alternative technologies and changes in lifestyle. The author uses the case of Indonesia for illustration and to refine new concepts by testing their relevance against factual information.
The new field of structural economics represents an important step forward in the effort to apply the power of science to solving the problems of modern societies. This book should prove invaluable to students and scholars of economics, sociology, or anthropology, as well as environmental scientists, policymakers at all levels, and anyone concerned with a practical interpretation of the elusive concept of sustainable development.
Winner of the Louis Gottschalk Prize, American Society for Eighteenth-Century Studies
A Financial Times Best History Book of the Year
A Choice Outstanding Academic Title of the Year
Rebecca L. Spang, who revolutionized our understanding of the restaurant, has written a new history of money. It uses one of the most infamous examples of monetary innovation, the assignats—a currency initially defined by French revolutionaries as “circulating land”—to demonstrate that money is as much a social and political mediator as it is an economic instrument. Following the assignats from creation to abandonment, Spang shows them to be subject to the same slippages between policies and practice, intentions and outcomes, as other human inventions.
“This is a quite brilliant, assertive book.”
—Patrice Higonnet, Times Literary Supplement
“Brilliant…What [Spang] proposes is nothing less than a new conceptualization of the revolution…She has provided historians—and not just those of France or the French Revolution—with a new set of lenses with which to view the past.”
—Arthur Goldhammer, Bookforum
“[Spang] views the French Revolution from rewardingly new angles by analyzing the cultural significance of money in the turbulent years of European war, domestic terror and inflation.”
—Tony Barber, Financial Times
Will southern Africa explode? Are there alternatives to violent revolution? Can other countries assist South Africa, Namibia, and Zimbabwe in achieving majority rule? Or can the problems be solved only by the peoples of each nation? And what should be done by the West to aid development, encourage racial harmony, and promote the general welfare?
For more than a generation Robert Rotberg has visited and written about southern Africa. He has not only studied the history and politics of the area but also has steeped himself in the economic, environmental, and geographic factors that have helped create conflict there. Rotberg has blended sophisticated political knowledge with personal experience to recount the past and make possible an understanding of the future. The result is a timely, wise, and lucid portrait of three nations in search of a destiny. Suffer the Future is a balanced account aimed at making general readers, as well as students of international problems, aware of the realistic alternatives for policy in and toward southern Africa.
In this wide-ranging study, Sucheta Mazumdar offers a new answer to the fundamental question of why China, universally acknowledged as one of the most developed economies in the world through the mid-eighteenth century, paused in this development process in the nineteenth.
Focusing on cane-sugar production, domestic and international trade, technology, and the history of consumption for over a thousand years as a means of framing the larger questions, the author shows that the economy of late imperial China was not stagnant, nor was the state suppressing trade; indeed, China was integrated into the world market well before the Opium War. But clearly the trajectory of development did not transform the social organization of production or set in motion sustained economic growth.
A suicide scandal in Shanghai reveals the social fault lines of democratic visions in China’s troubled Republic in the early 1920s.
On September 8, 1922, the body of Xi Shangzhen was found hanging in the Shanghai newspaper office where she worked. Although her death occurred outside of Chinese jurisdiction, her US-educated employer, Tang Jiezhi, was kidnapped by Chinese authorities and put on trial. In the unfolding scandal, novelists, filmmakers, suffragists, reformers, and even a founding member of the Chinese Communist Party seized upon the case as emblematic of deep social problems. Xi’s family claimed that Tang had pressured her to be his concubine; his conviction instead for financial fraud only stirred further controversy.
The creation of a republic ten years earlier had inspired a vision of popular sovereignty and citizenship premised upon gender equality and legal reform. After the quick suppression of the first Chinese parliament, commercial circles took up the banner of democracy in their pursuit of wealth. But, Bryna Goodman shows, the suicide of an educated “new woman” exposed the emptiness of republican democracy after a flash of speculative finance gripped the city. In the shadow of economic crisis, Tang’s trial also exposed the frailty of legal mechanisms in a political landscape fragmented by warlords and enclaves of foreign colonial rule.
The Suicide of Miss Xi opens a window onto how urban Chinese in the early twentieth century navigated China’s early passage through democratic populism, in an ill-fated moment of possibility between empire and party dictatorship. Xi Shangzhen became a symbol of the failures of the Chinese Republic as well as the broken promises of citizen’s rights, gender equality, and financial prosperity betokened by liberal democracy and capitalism.
Utah Series in Middle East Studies
This interdisciplinary study discusses the development, economics, and politics of North Cyprus, a divided state since 1960 when sovereignty was surrendered by the British to both Greek and Turkish Cypriots. Mehmet works to demonstrate that, as a microstate with an area of just 3,442 square kilometers, North Cyprus possesses certain inherent comparative economic advantages in the service sectors that enable it to be sustainable in today's rapidly globalizing and competitive economic world.
Mehmet bases his arguments for the potential sustainability of North Cyprus on the concept of economic rationalism, in which participating parties work to optimize their own self-interest. In an ethnic conflict like that of North Cyprus, the logic of optimization demands a rational, free, and objective balancing of competing interests to reach an agreed solution. The economic rationalist approach sharply contrasts with the highly emotional political, historical, cultural, and legal approaches that have thus far dominated the study and discussion of the Cyprus problem, approaches that have largely resulted in a protracted conflict.
While recognizing the negative forces of ethnic tension and the very real possibility of a continued divided Cyprus state, Sustainability of Microstates nevertheless remains hopeful, designed to unleash the forces of convergence that may be deduced from economic rationalism, and unwavering in its conviction of the ultimate sustainability of North Cyprus.
Although the key to the side accords' anticipated success lay in their ostensibly generous encouragement of a participatory politics and sustainable development opportunities, Sustaining the Borderlands reveals that the Mexican border populations for which they were largely created are effectively excluded from participating due to the ongoing online, territorial, class, and cultural barriers that shape the borderlands. Rather than experiencing the side accords and their companion institutions as transparent and accessible, residents experienced them as opaque and indecipherable. Simon concludes that the side accords have failed to deliver on their promise of bringing democracy to Mexico because practical mechanisms that would ensure their effective implementation were never put in place.
NAFTA took effect at a time when Mexico was undergoing a democratic transition. The treaty was supposed to encourage this transition and improve environmental and labor conditions on the US-Mexico border. This book demonstrates that, twenty years later, the promises of NAFTA have not come to pass.
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