A SCHOLARLY BOOK REPOSITORY278 start with S start with S
How do smokers evaluate evidence that smoking harms health? Some evidence suggests that smokers overestimate health risks from smoking. This book challenges this conclusion. The authors find that smokers tend to be overly optimistic about their longevity and future health if they quit later in life.
Older adults' decisions to quit smoking require personal experience with the serious health impacts associated with smoking. Smokers over fifty revise their risk perceptions only after experiencing a major health shock--such as a heart attack. But less serious symptoms, such as shortness of breath, do not cause changes in perceptions. Waiting for such a jolt to occur is imprudent.
The authors show that well-crafted messages about how smoking affects quality of life can greatly affect current perceptions of smoking risks. If smokers are informed of long-term consequences of a disease, and if they are told that quitting can indeed come too late, they are able to evaluate the risks of smoking more accurately, and act accordingly.
In a work of sweep and ambition, James Fichter explores how American trade proved pivotal to the evolution of capitalism in the United States and helped to shape the course of the British Empire.
Before the American Revolution, colonial merchants were part of a trading network that spanned the globe. After 1783, U.S. merchants began trading in the East Indies independently, creating a new class of investor-capitalists and the first generation of American millionaires. Such wealth was startling in a country where, a generation earlier, the most prosperous Americans had been Southern planters. This mercantile elite brought its experience and affluence to other sectors of the economy, helping to concentrate capital and create wealth, and paving the way for the modern business corporation.
Conducted on free trade principles, American trade in Asia was so extensive that it undermined the monopoly of the British East India Company and forced Britain to open its own free trade to Asia. The United States and the British Empire thus converged around shared, Anglo-American free-trade ideals and financial capitalism in Asia. American traders also provided a vital link to the Atlantic world for Dutch Java and French Mauritius, and were at the vanguard of Western contact with Polynesia and the Pacific Northwest.
Based on an impressive array of sources from Europe, Asia, Africa, and the United States, this pathbreaking book revolutionizes our understanding of the early American economy in a global context and the relationship between the young nation and its former colonial master.
Economists assume that people make choices based on their preferences and their budget constraints. The preferences and values of others play no role in the standard economic model. This feature has been sharply criticized by other social scientists, who believe that the choices people make are also conditioned by social and cultural forces. Economists, meanwhile, are not satisfied with standard sociological and anthropological concepts and explanations because they are not embedded in a testable, analytic framework.
In this book, Gary Becker and Kevin Murphy provide such a framework by including the social environment along with standard goods and services in their utility functions. These extended utility functions provide a way of analyzing how changes in the social environment affect people’s choices and behaviors. More important, they also provide a way of analyzing how the social environment itself is determined by the interactions of individuals.
Using this approach, the authors are able to explain many puzzling phenomena, including patterns of drug use, how love affects marriage patterns, neighborhood segregation, the prices of fine art and other collectibles, the social side of trademarks, the rise and fall of fads and fashions, and the distribution of income and status.
Can businesses collaborate with nonprofit organizations? Drawing lessons from 24 cases of cross-sector partnerships spanning the hemisphere, Social Partnering in Latin America analyzes how businesses and nonprofits are creating partnerships to move beyond traditional corporate philanthropy. An American supermarket and a Mexican food bank, an Argentine newspaper and a solidarity network, and a Chilean pharmacy chain and an elder care home are just a few examples of how businesses are partnering with community organizations in powerful ways throughout Latin America. The authors analyze why and how such social partnering occurs.
The book provides a compelling framework for understanding cross-sector collaborations and identifying motivations for partnering and key levers that maximize value creation for participants and society.
"Herzfeld's book is extremely ambitious and will be of interest to any anthropologist concerned with the study of bureaucracy, organizational and institutional control, symbols and their power, and social conflict. . . . Thoughtful and challenging."—Helen B. Schwartzman, American Ethnologist
Does tying health insurance to employment limit job mobility? Do housing policies inhibit workers from moving to new jobs in different areas? What are the effects of daycare and maternity leave policies on working mothers? The authors explore these and many other questions in an effort to understand why European unemployment rates are so high compared with the U.S. rate. Through an examination of diverse data sets across different countries, the authors find that social protection programs do not strongly affect labor market flexibility.
A valuable comparison of labor markets and welfare programs, this book demonstrates how social protection policies have affected employment rates around the globe.
First published in 1953, Howard R. Bowen’s Social Responsibilities of the Businessman was the first comprehensive discussion of business ethics and social responsibility. It created a foundation by which business executives and academics could consider the subjects as part of strategic planning and managerial decision-making. Though written in another era, it is regularly and increasingly cited because of its relevance to the current ethical issues of business operations in the United States. Many experts believe it to be the seminal book on corporate social responsibility.
This new edition of the book includes an introduction by Jean-Pascal Gond, Professor of Corporate Social Responsibility at Cass Business School, City University of London, and a foreword by Peter Geoffrey Bowen, Daniels College of Business, University of Denver, who is Howard R. Bowen's eldest son.
With its emphasis on interdisciplinarity, Social Science Knowledge and Economics Developmentis important reading for social scientists, development economists, and in the development studies classroom.
Vernon W. Ruttan is Regents Professor Emeritus in the Department of Applied Economics at the University of Minnesota.
Many of us suspect that Social Security faces eventual bankruptcy. But the government projects its future finances using long outdated methods. Employing a more up-to-date approach, Jagadeesh Gokhale here argues that the program faces insolvency far sooner than previously thought.
To assess Social Security’s fate more accurately under current and alternative policies, Gokhale constructs a detailed simulation of the forces shaping American demographics and the economy to project their future evolution. He then uses this simulation to analyze six prominent Social Security reform packages—two liberal, two centrist, and two conservative—to demonstrate how far they would restore the program’s financial health and which population groups would be helped or hurt in the process.
Arguments over Social Security have raged for decades, but they have taken place in a relative informational vacuum; Social Security provides the necessary bedrock of analysis that will prove vital for anyone with a stake in this important debate.
The essays here highlight the problems that the European pension reform process faces and how it differs from that of the United States. This timely volume will significantly enrich the debate on pension reform worldwide.
The sixth stage of an ongoing research project studying the relationship between social security programs and labor force participation, this volume draws on the work of an eminent group of international economists to consider the extent to which differences in labor force participation across countries are determined by the provisions of disability insurance programs. Presented in an easily comparable way, their research covers twelve countries, including Canada, Japan, and the United States, and considers the requirements of disability insurance programs, as well as other pathways to retirement.
Drawing on the work of an international group of noted economists, the editors argue that social security programs provide strong incentives for workers to leave the labor force by retiring and taking the benefits to which they are entitled. By penalizing work, social security systems magnify the increased financial burden caused by aging populations, thus contributing to the insolvency of the system. This book is a model of comparative analysis that evaluates the effects of illustrative policies for countries facing the impending rapid growth of social security benefits. Its insights will help inform one of the most pressing debates.
In nearly every industrialized country, large aging populations and increased life expectancy have placed enormous pressure on social security programs—and, until recently, the pressure has been compounded by a trend toward retirement at an earlier age. With a larger fraction of the population receiving benefits, in coming decades social security in many countries may have to be reformed in order to remain financially viable.
This volume offers a cross-country analysis of the effects of disability insurance programs on labor force participation by older workers. Drawing on measures of health that are comparable across countries, the authors explore the extent to which differences in the labor force are determined by disability insurance programs and to what extent disability insurance reforms are prompted by the circumstances of a country’s elderly population.
The studies in this volume explore how financial incentives to work at older ages have evolved as a result of public pension reforms since 1980 and how these changes have affected retirement behavior. Utilizing a common template to analyze the developments across countries, the findings suggest that social security reforms have strengthened the financial returns to working at older ages and that these enhanced financial incentives have contributed to the rise in late-life employment.
This eighth phase of the International Social Security project, which compares the social security and retirement experiences of twelve developed countries, documents trends in participation and employment and explores reasons for the rising participation rates of older workers. The chapters use a common template for analysis, which facilitates comparison of results across countries. Using within-country natural experiments and cross-country comparisons, the researchers study the impact of improving health and education, changes in the occupation mix, the retirement incentives of social security programs, and the emergence of women in the workplace, on labor markets. The findings suggest that social security reforms and other factors such as the movement of women into the labor force have played an important role in labor force participation trends.
According to the authors of this important new study, the answer to these questions is a resounding no. In Social Security: The Phony Crisis, economists Dean Baker and Mark Weisbrot argue that there is no economic, demographic, or actuarial basis for the widespread belief that the program needs to be fixed.
As the authors emphasize, there is virtually no disagreement about the facts of Social Security's finances, or even the projections for its future. Rather, the Social Security debate has been foundering on misconceptions, confusion, and lack of agreement on the meaning of crucial terms.
The authors also take on related issues: that privatization would help save Social Security, that America has a pressing need to increase its national savings, and that future generations will suffer from the costs—especially for health care—of supporting a growing elderly population.
As New York Times columnist Fred Brock recently wrote, "So-called reform of the Social Security system is looking more and more like a solution in search of a problem." In this accessible and insightful work, Baker and Weisbrot seek to cut through some of the myths and fallacies surrounding this crucial policy issue.
"Dean Baker and Mark Weisbrot have no trouble at all demonstrating that even on highly conservative assumptions about economic growth, the much-forecast insolvency of the Social Security system by about 2030 is most unlikely to happen then, if indeed ever."—The Economist
"The authors challenge basic assumptions with vigor and intelligence. . . . An absolutely relevant and important analysis, presented with force and clarity, that asks, basically, what kind of a nation we really are."—Kirkus Reviews
"Proponents—like George W. Bush—of Social Security privatization . . . typically ignore prospects for a stagnant or falling stock market. In Social Security: The Phony Crisis, [Baker and Weisbrot] show how a falling stock market could place pressure on both future Social Security payments and privatization schemes because earnings from the trust fund could actually fall."—Jeff Madrick, New York Review of Books
Socialism after Hayek recasts and reinvigorates the socialist quest for class justice by rendering it compatible with Hayek's social and economic theories. Theodore A. Burczak puts forth a conception of socialism from a postmodern perspective, drawing from the apparently opposing ideas of Marx and Hayek (the latter of whom achieved worldwide recognition in the twentieth century as a champion of the free market and fierce opponent of government interference in markets). Burczak sketches an institutional structure that would promote a democratic socialist notion of distributive justice and his own interpretation of Marx's notion of freely associated labor, while avoiding Hayek's criticisms of centrally planned socialism.
Burczak's version of market socialism is one in which privately owned firms are run democratically by workers, governments engage in ongoing redistribution of wealth to support human development, and markets are otherwise unregulated. Burczak poses this model of "free market socialism" against other models of socialism, especially those developed by John Roemer, Michael Albert, and Robin Hahnel.
Opening with Hayek's arguments against market socialism, the volume continues with his writings on the economics of war, many in response to the proposals made in John Maynard Keynes's famous pamphlet, How to Pay for the War. The last section presents articles that anticipated The Road to Serfdom, Hayek's classic meditation on the dangers of collectivism. An appendix contains a number of topical book reviews written by Hayek during this crucial period, and a masterful introduction by the volume editor, Bruce Caldwell, sets Hayek's work in context.
Socialism and War will interest not just fans of The Road to Serfdom, but anyone concerned with the ongoing debates over the propriety of government intervention in the economy.
"When he wrote The Road to Serfdom, [Hayek's] was a voice in the wilderness. Now the fight [has] been taken up by people all over the world, by institutions and movements, and the ideas that seemed so strange to many in 1944 can be found from scholarly journals to television programs."—Thomas Sowell, Forbes
"Intellectually [Hayek] towers like a giant oak in a forest of saplings."—Chicago Tribune
"Each new addition to The Collected Works of F. A. Hayek, the University of Chicago's painstaking series of reissues and collections, is a gem."—Liberty on Volume IX of The Collected Works of F. A. Hayek
More than thirty years after the collapse of the USSR, the critique of state socialism is still used to deny alternatives to capitalism, irrespective of global capitalist ecological and social devastation. There is seemingly nothing worthwhile salvaging from decades of state socialist experiences.
As the climate crisis deepens, Engel-Di Mauro argues that we need to re-evaluate the environmental practices and policies of state socialism, especially as they had more environmentally beneficial than destructive effects. Rather than dismissing state socialism’s heritage out of hand, we should reclaim it for contemporary eco-socialist ends.
By means of a comparative and multiple-scaled approach, Engel-Di Mauro points to highly diverse and environmentally constructive state socialist experiences. Taking the reader from the USSR to China and Cuba, this is a fiery and contentious look at what worked, what didn’t, and how we can move towards an eco-socialist future.
The idea that market mechanisms can mobilize social change by engaging the poor in win–win scenarios is gaining increased world attention. Companies, social sector organizations, and development agencies are all beginning to glean the potential that lies among the world’s poorest people, both as an untapped productive force and a neglected consumer market. This book aims to demonstrate how the private sector can become part of the solution of poverty.
In this study, the authors assess market initiatives in Iberoamerica by large corporations, cooperatives, small and medium enterprises, and nonprofit organizations. A task force drawing on nine teams of researchers from various business schools and universities in nine countries examined 33 experiences, seeking to uncover “what’s needed” for building new business value chains that help move people out of poverty.
Applying his theory of responsibility to professional ethics, May contends that current methods of professional socialization should be changed so that professionals are not expected to ignore considerations of personal well-being, family, or community. For instance, lawyers should not place client loyalty above concerns for the common good; doctors should not place the physical well-being of patients above their mental and spiritual well-being; scientists and engineers should not feel obliged to blow the whistle on fraud and corruption unless their professional groups protect them from retaliation.
This book should prove provocative reading for philosophers, political scientists, social theorists, professionals of many stripes, and ethicists.
Society and Economy—a work of exceptional ambition by the founder of modern economic sociology—is the first full account of Mark Granovetter’s ideas about the diverse ways in which society and economy are intertwined.
The economy is not a sphere separate from other human activities, Granovetter writes. It is deeply embedded in social relations and subject to the same emotions, ideas, and constraints as religion, science, politics, or law. While some actions can be understood in traditional economic terms as people working rationally toward well-defined ends, much human behavior is harder to fit into that simple framework. Actors sometimes follow social norms with a passionate faith in their appropriateness, and at other times they conform without conscious thought. They also trust others when there is no obvious reason to do so. The power individuals wield over one another can have a major impact on economic outcomes, even when that power arises from noneconomic sources.
Although people depend on social norms, culture, trust, and power to solve problems, the guidance these offer is often murky and complicated. Granovetter explores how problem solvers improvise to assemble pragmatic solutions from this multitude of principles. He draws throughout on arguments from psychology, social network studies, and long-term historical and political analysis and suggests ways to maneuver back and forth among these approaches. Underlying Granovetter’s arguments is an attempt to move beyond such simple dualisms as agency/structure to a more complex and subtle appreciation of the nuances and dynamics that drive social and economic life.
In this searing personal narrative, the former state senator recounts his fight to expose and reform these acts of government misconduct. Not afraid to cite specific cases of soft corruption in New Jersey politics, he paints a vivid portrait of public servants who care more about political power and personal gain than the public good. By recounting events that he witnessed firsthand in the Garden State, he provides dramatic illustrations of ills that afflict American politics nationwide.
As he identifies five main forms of soft corruption, Schluter diagnoses the state government’s ethical malaise, and offers concrete policy suggestions for how it might be cured. Not simply a dive through the muck of New Jersey politics, Soft Corruption is an important first step to reforming our nation’s political system, a book that will inspire readers to demand that our elected officials can and must do better.
Visit: www.softcorruption.com (http://www.softcorruption.com)
Popular conceptions hold that capitalism is driven almost entirely by the pursuit of profit and self-interest. Challenging that assumption, this major new study of American business associations shows how market and non-market relations are actually profoundly entwined at the heart of capitalism.
In Solidarity in Strategy, Lyn Spillman draws on rich documentary archives and a comprehensive data set of more than four thousand trade associations from diverse and obscure corners of commercial life to reveal a busy and often surprising arena of American economic activity. From the Intelligent Transportation Society to the American Gem Trade Association, Spillman explains how business associations are more collegial than cutthroat, and how they make capitalist action meaningful not only by developing shared ideas about collective interests but also by articulating a disinterested solidarity that transcends those interests.
Deeply grounded in both economic and cultural sociology, Solidarity in Strategy provides rich, lively, and often surprising insights into the world of business, and leads us to question some of our most fundamental assumptions about economic life and how cultural context influences economic.
Across the world, grassroots networks of local communities are working to realize their visions of an alternative revolutionary response to planetary destruction, often pitted against the new megaprojects promoted by greenwashed alternative energy infrastructures and the neocolonialist, technocratic policies that are the forerunners of the Green New Deal.
Gelderloos interviews food sovereignty activists in Venezuela, Indigenous communities reforesting their lands in Brazil and anarchists fighting biofuel plantations in Indonesia, looking at the battles that have cancelled airports, stopped pipelines, and helped the most marginalized to fight borders and environmental racism, to transform their cities, to win a dignified survival.
This solutions manual is a valuable companion volume to the classic textbook Recursive Methods in Economic Dynamics by Nancy L. Stokey, Robert E. Lucas, Jr., and Edward C. Prescott. The exercises in the Stokey et al. book are integral to the text, and thus, a reader cannot fully appreciate the text without understanding the results developed in the exercises. This manual provides detailed answers to the central exercises in Recursive Methods.
The authors’ selection of exercises is designed to maximize the reader’s understanding of Recursive Methods. Solutions are presented to every question in the core chapters on recursive methods, as well as most questions from the chapters on mathematical background. Some questions from the chapters on applications of these techniques to economic models have been reserved so as to provide instructors with a crucial “test bank” of questions.
Efficient and lucid in approach, this manual will greatly enhance the value of Recursive Methods as a text for self-study.
The Solutions Manual to Elements of Econometrics, Second Edition provides chapter solutions to the exercises in the college textbook: Elements of Econometrics, Second Edition by Jan Kmenta.
This book traces the history of the Lauerman enterprise and its importance to the community of Marinette and dozens of counties in northern Wisconsin and the UP. The author takes readers on a tour of the store’s most memorable and delightful features, from the plethora of merchandise offered to the record-listening booths to the famous frosted malt cones. Along the way we hear the recollections of dozens of former customers and employees whose memories form a unique tapestry of family, business, and community story. As it brings to life the people who worked and shopped at Lauermans, Something for Everyone will have readers fondly recalling their own favorite shopping destinations during the golden age of department stores.
Timothy D. Taylor tracks the use of music in American advertising for nearly a century, from variety shows like The Clicquot Club Eskimos to the rise of the jingle, the postwar upsurge in consumerism, and the more complete fusion of popular music and consumption in the 1980s and after. The Sounds of Capitalism is the first book to tell truly the history of music used in advertising in the United States and is an original contribution to this little-studied part of our cultural history.
Technological advance is the key driving force behind economic growth, argues Richard Nelson. Investments in physical and human capital contribute to growth largely as handmaidens to technological advance. Technological advance needs to be understood as an evolutionary process, depending much more on ex post selection and learning than on ex ante calculation. That is why it proceeds much more rapidly under conditions of competition than under monopoly or oligopoly.
Nelson also argues that an adequate theory of economic growth must incorporate institutional change explicitly. Drawing on a deep knowledge of economic and technological history as well as the tools of economic analysis, Nelson exposes the intimate connections among government policies, science-based universities, and the growth of technology. He compares national innovation systems, and explores both the rise of the United States as the world’s premier technological power during the first two-thirds of the twentieth century and the diminishing of that lead as other countries have largely caught up.
Lucid, wide-ranging, and accessible, the book examines the secrets of economic growth and why the U.S. economy has been anemic since the early 1970s.
The coal mining photographs of C. William Horrell, taken across the southern Illinois Coal Belt over a twenty-year period from 1966 to 1986, are extraordinary examples of documentary photography—so stark and striking that captions often seem superfluous.
Horrell’s photographs capture the varied phenomena of twentieth-century coal mining technology: the awesome scale of surface mining machines and their impact on the land; massive machines forced into narrow passageways with inches to spare as they carry coal from the face to conveyer belts; and, more significant, the advent of continuous miners, machines that can handle four previously separate processes and which have been a fixture in underground or “deep” mines since the mid-1960s.
Horrell was also intrigued by the related activities of mining, including coal’s processing, cleaning, and transportation, as well as the daily, behind-the-scenes operations that keep mines and miners working. His photographs reflect the beauty of the commonplace—the clothes of the miners, their dinner pails, and their tools—and reveal the picturesque remnants of closed mines: the weathered boards of company houses, the imposing iron beauty of an ancient tipple, and an abandoned building against the lowering sky of an approaching storm. Finally, his portraits of coal minersshow the strength, dignity, and enduring spirit of the men and women who work the southern Illinois coal mines.
The first collection of its kind to examine tourism as a complicated and vital force in southern history, culture, and economics
Anyone who has seen Rock City, wandered the grounds of Graceland, hiked in Great Smoky Mountains National Park, or watched the mermaids swim at Weeki Wachee knows the southern United States offers visitors a rich variety of scenic, cultural, and leisure activities. Tourism has been, and is still, one of the most powerful economic forces in the modern South. It is a multibillion-dollar industry that creates jobs and generates revenue while drawing visitors from around the world to enjoy the region’s natural and man-made attractions.This collection of 11 essays explores tourism as a defining force in southern history by focusing on particular influences and localities. Alecia Long examines sex as a fundamental component of tourism in New Orleans in the early 20th century, while Brooks Blevins describes how tourism served as a modernizing influence on the Arkansas Ozarks, even as the region promoted itself as a land of quaint, primitive hillbillies. Anne Whisnant chronicles the battle between North Carolina officials building the Blue Ridge Parkway and the owner of Little Switzerland, who fought for access and advertising along the scenic highway. One essay probes the racial politics behind the development of Hilton Head Island, while another looks at the growth of Florida's
panhandle into a “redneck Riviera,” catering principally to southerners, rather than northern tourists.
Southern Journeys is a pioneering work in southern history. It introduces a new window through which to view the region's distinctiveness. Scholars and students of environmental history, business history, labor history, and social history will all benefit from a consideration of the place of tourism in southern life.
Winner of the Charles S. Sydnor Award, given by the Southern Historical Association, 1994. Winner of the James A. Rawley Prize given by the Organization of American Historians, 1994. Winner of the Herbert G. Gutman Award for an outstanding book in American social history.
Thomas Prentice Kettell was an outstanding spokesman of that group of pre-Civil War Northerners who earnestly believed that it was possible to save their country from the horrors of a sectional conflict, who worked many years to prevent the threatened dissolution of the Union, but zealously supported the national government during the Civil War in the hope that military victory would achieve what thirty years of wrangling, negotiation, and compromise had failed to accomplish-namely the preservation of a united North and South. Most of this Northern group were linked by economic ties to the planters of the South. As merchants, shippers, and financiers they largely depended upon the cotton trade for much of their prosperity; hence they opposed governmental policies which they believed would disturb their connections with the South and the foundations on which their economic prosperity and well being rested. But the fact that their ideas and position were founded on selfish economic interests did not make their action dishonest or unpatriotic.
Southern Wealth and Northern Profits was favorably received in the South where Kettell’s free trade principles, sympathetic attitude toward slavery, and his interest in Southern economic development had long been known. Moderate Southerners hoped the book might be helpful toward a compromise that would prevent secession, whereas radicals hoped it would further the cause of secession.
The first in-depth account of the sudden growth of China’s sovereign wealth funds and their transformative impact on global markets, domestic and multinational businesses, and international politics.
One of the keys to China’s global rise has been its strategy of deploying sovereign wealth on behalf of state power. Since President Xi Jinping took office in 2013, China has doubled down on financial statecraft, making shrewd investments with the sovereign funds it has built up by leveraging its foreign exchange reserves. Sovereign Funds tells the story of how the Communist Party of China (CPC) became a global financier of surpassing ambition.
Zongyuan Zoe Liu offers a comprehensive and up-to-date analysis of the evolution of China’s sovereign funds, including the China Investment Corporation, the State Administration of Foreign Exchange, and Central Huijin Investment. Liu shows how these institutions have become mechanisms not only for transforming low-reward foreign exchange reserves into investment capital but also for power projection. Sovereign funds are essential drivers of the national interest, shaping global markets, advancing the historic Belt and Road Initiative, and funneling state assets into strategic industries such as semiconductors, fintech, and artificial intelligence. In the era of President Xi, state-owned financial institutions have become gatekeepers of the Chinese economy. Political and personal relationships with prestigious sovereign funds have enabled Blackstone to flourish in China and have fueled the ascendance of private tech giants such as Alibaba, Ant Finance, and Didi.
As Liu makes clear, sovereign funds are not just for oil exporters. The CPC is a leader in both foreign exchange reserves investment and economic statecraft, using state capital to encourage domestic economic activity and create spheres of influence worldwide.
Jeffrey Sklansky’s wide-ranging study comprises three chronological parts devoted to major episodes in the career of the money question. First, the fight over the innovation of paper money in colonial New England. Second, the battle over the development of commercial banking in the new United States. And third, the struggle over the national banking system and the international gold standard in the late nineteenth century. Each section explores a broader problem of power that framed each conflict in successive phases of capitalist development: circulation, representation, and association. The three parts also encompass intellectual biographies of opposing reformers for each period, shedding new light on the connections between economic thought and other aspects of early American culture. The result is a fascinating, insightful, and deeply considered contribution to the history of capitalism.
From 1840 to 1900, midwestern Americans experienced firsthand the profound economic, cultural, and structural changes that transformed the nation from a premodern, agrarian state to one that was urban, industrial, and economically interdependent. Midwestern commercial farmers found themselves at the heart of these changes. Their actions and reactions led to the formation of a distinctive and particularly democratic consumer ethos, which is still being played out today.
By focusing on the consumer behavior of midwestern farmers, Sowing the American Dream provides illustrative examples of how Americans came to terms with the economic and ideological changes that swirled around them. From the formation of the Grange to the advent of mail-order catalogs, the buying patterns of rural midwesterners set the stage for the coming century.
Carefully documenting the rise and fall of the powerful purchasing cooperatives, David Blanke explains the shifting trends in collective consumerism, which ultimately resulted in a significant change in the way that midwestern consumers pursued their own regional identity, community, and independence.
The numbers are no less shocking in southern Arizona: one in six residents, and one in four children, are food insecure. How can this be in the richest country in the world? This book explores that paradox and the innovative solutions that one organization has developed to create a healthier, more secure tomorrow for the less fortunate among us.
The Community Food Bank of Southern Arizona (CFB) is one of the oldest and most respected food banks in America. It is a widely recognized leader not simply in providing hunger relief but in attacking the root causes of hunger and poverty through community development, education, and advocacy. In 2018, Feeding America—the national organization of food banks—named it “Food Bank of the Year.” The CFB serves as a model for all nonprofits to follow, no matter their mission.
This profusely illustrated book chronicles the CFB’s amazing success and evolution from a tiny grassroots hunger-relief organization to one with more than six thousand workers and an annual budget exceeding $100 million. The book gives voice to the thousands of CFB participants past and present, weaving their profiles and quotes throughout the book. These profiles personalize the history of the CFB and give readers an insider’s perspective on the people and events that shaped the food bank’s success. It shows how individuals working together can help prevent hunger and break the cycle of poverty that is its cause.
The aim of Sowing the Seeds of Change is not to laud the CFB’s achievements. It is to demonstrate to readers that the war against hunger, despite the obstacles, can be won. And not tomorrow. Now!
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 book gives a practical, applications-oriented account of the latest techniques for estimating and analyzing large, nonlinear macroeconomic models. Ray Fair demonstrates the application of these techniques in a detailed presentation of several actual models, including his United States model, his multicountry model, Sargent's classical macroeconomic model, autoregressive and vector autoregressive models, and a small (twelve equation) linear structural model. He devotes a good deal of attention to the difficult and often neglected problem of moving from theoretical to econometric models. In addition, he provides an extensive discussion of optimal control techniques and methods for estimating and analyzing rational expectations models.
A computer program that handles all the techniques in the book is available from the author, making it possible to use the techniques with little additional programming. The book presents the logic of this program. A smaller program for personal microcomputers for analysis of Fair's United States model is available from Urban Systems Research & Engineering, Inc. Anyone wanting to learn how to use large macroeconomic models, including researchers, graduate students, economic forecasters, and people in business and government both in the United States and abroad, will find this an essential guidebook.
Offering the clearest look yet at China’s state-driven investment in Africa, this book is rooted in six years of extensive fieldwork in copper mines and construction sites in Zambia, Africa’s copper giant. Lee shadowed Chinese, Indian, and South African managers in underground mines, interviewed Zambian miners and construction workers, and worked with Zambian officials. Distinguishing carefully between Chinese state capital and global private capital in terms of their business objectives, labor practices, managerial ethos, and political engagement with the Zambian state and society, she concludes that Chinese state investment presents unique potential and perils for African development. The Specter of Global China will be a must-read for anyone interested in the future of China, Africa, and capitalism worldwide.
In Speculative Communities, Aris Komporozos-Athanasiou examines the ways that speculation has moved beyond financial markets to shape fundamental aspects of our social and political lives. As ordinary people make exceptional decisions, such as the American election of a populist demagogue or the British vote to leave the European Union, they are moving from time-honored and -tested practices of governance, toward the speculative promise of a new, more uncertain future. This book shows how even our methods of building community have shifted to the speculative realm as social media platforms enable and amplify our volatile wagers.
For Komporozos-Athanasiou, “to speculate” means increasingly “to connect,” to endorse the unknown pre-emptively, and often daringly, as a means of social survival. Grappling with the question of how more uncertainty can lead to its full-throated embrace rather than dissent, Speculative Communities shows how finance has become the model for society writ large. As Komporozos-Athanasiou argues, virtual marketplaces, new social media, and dating apps bring finance’s opaque infrastructures into the most intimate realms of our lives, leading to a new type of speculative imagination across economy, culture, and society.
Since the terrorist acts of September 11, 2001, finance and security have become joined in new ways to produce particular targets of state surveillance. In Speculative Security, Marieke de Goede describes how previously unscrutinized practices such as donations and remittances, especially across national borders, have been affected by security measures that include datamining, asset freezing, and transnational regulation. These “precrime” measures focus on transactions that are perfectly legal but are thought to hold a specific potential to support terrorism. The pursuit of suspect monies is not simply an issue of financial regulation, she shows, but a broad political, social, and even cultural phenomenon with profound effects on everyday life.
Speculative Security offers a range of examples that illustrate the types of security interventions employed today, including the extralegal targeting and breaking up of the al-Barakaat financial network that was accompanied by raids in the United States, asset freezes in Sweden, and the incarceration of a money remitter at Guantánamo Bay. De Goede develops the paradigm of “speculative security” as a way to understand the new fusing of finance and security, denoting the speculative nature of both the means and the ends of the war on terrorist financing.
Ultimately, de Goede reveals how the idea of creating “security” appeals to multiple imaginable—and unimaginable—futures in order to enable action in the present.
Speculum Iuris examines the complex relationship between law and social practice from the particular angle of Roman legislation and jurisprudence as conditioned by or reacting to a specific social, economic, and political context. Using various strategies, the editors and contributors mine a huge body of texts to study attitudes and behaviors of the Roman upper class, whose social concerns are reflected in the development of legal rules.
A close reading of juristic opinions and Republican or imperial legislation allows the contributors to find rationales behind rules and decisions in order to explain practices and mentalities of the elite within a larger social context. This book demonstrates clearly that Roman law was not divorced from the realities of daily life, even if some jurists may have been working with purely hypothetical cases.
Speculum Iuris provides a multidisciplinary approach to the question of the interplay of legal and social forces in the Roman world. As such, it will be a helpful study for general classicists and ancient historians, as well as for legal historians, social historians, economic historians, sociologists, and cultural anthropologists.
Jean-Jacques Aubert is Professor of Latin Language and Literature, University of Neuchâtel, Switzerland. Boudewijn Sirks is Professor of the History of Ancient Law, the History of European Private Law, and German Civil Law, Institute for the History of Law, Germany.
The Spirit of Capitalism answers a fundamental question of economics, a question neither economists nor economic historians have been able to answer: what are the reasons (rather than just the conditions) for sustained economic growth? Taking her title from Max Weber's famous study on the same subject, Liah Greenfeld focuses on the problem of motivation behind the epochal change in behavior, which from the sixteenth century on has reoriented one economy after another from subsistence to profit, transforming the nature of economic activity. A detailed analysis of the development of economic consciousness in England, the Netherlands, France, Germany, Japan, and the United States allows her to argue that the motivation, or "spirit," behind the modern, growth-oriented economy was not the liberation of the "rational economic actor," but rather nationalism. Nationalism committed masses of people to an endless race for national prestige and thus brought into being the phenomenon of economic competitiveness.
Nowhere has economic activity been further removed from the rational calculation of costs than in the United States, where the economy has come to be perceived as the end-all of political life and the determinant of all social progress. American "economic civilization" spurs the nation on to ever-greater economic achievement. But it turns Americans into workaholics, unsure of the purpose of their pursuits, and leads American statesmen to exaggerate the weight of economic concerns in foreign policy, often to the detriment of American political influence and the confusion of the rest of the world.
Aaron T. Wolf has spent his career mediating such conflicts, both in the U.S. and around the world. He quickly learned that in negotiations, people are not automatons, programed to defend their positions, but are driven by a complicated set of dynamics—from how comfortable (or uncomfortable) the meeting room is to their deepest senses of self. What approach or system of understanding could possibly untangle all these complexities? Wolf’s answer may be surprising to Westerners who are accustomed to separating religion from science, rationality from spirituality.
Wolf draws lessons from a diversity of faith traditions to transform conflict. True listening, as practiced by Buddhist monks, as opposed to the “active listening” advocated by many mediators, can be the key to calming a colleague’s anger. Alignment with an energy beyond oneself, what Christians would call grace, can change self-righteousness into community concern. Shifting the discussion from one about interests to one about common values—both farmers and environmentalists share the value of love of place—can be the starting point for real dialogue.
As a scientist, Wolf engages religion not for the purpose of dogma but for the practical process of transformation. Whether atheist or fundamentalist, Muslim or Jewish, Quaker or Hindu, any reader involved in difficult dialogue will find concrete steps towards a meeting of souls.
Gathered here are seventeen sound investment principles that will help people make sensible choices for financial security. What is surprising, however, is how applicable these principles are to life.
The contributors to Sport and the Neoliberal University examine how intercollegiate athletics became a contested terrain of public/private interests. They look at college sports from economic, social, legal, and cultural perspectives to cut through popular mythologies regarding intercollegiate athletics and to advocate for increased clarity about what is going on at a variety of campuses with regard to athletics. Focusing on current issues, including the NCAA, Title IX, recruitment of high school athletes, and the Penn State scandal, among others, Sport and the Neoliberal University shows the different ways institutions, individuals, and corporations are interacting with university athletics in ways that are profoundly shaped by neoliberal ideologies.
Cronan’s lighthearted stories and succinct business tips will draw you in until you feel like you are present for every victory she describes on the court and in the workplace. Cronan’s business acumen and passionate approach to positive change will arm you with the outlook and the tools you need to revolutionize the professional and personal spheres in your life.
The environmental impacts of sprawling development have been well documented, but few comprehensive studies have examined its economic costs. In 1996, a team of experts undertook a multi-year study designed to provide quantitative measures of the costs and benefits of different forms of growth. Sprawl Costs presents a concise and readable summary of the results of that study.
The authors analyze the extent of sprawl, define an alternative, more compact form of growth, project the magnitude and location of future growth, and compare what the total costs of those two forms of growth would be if each was applied throughout the nation. They analyze the likely effects of continued sprawl, consider policy options, and discuss examples of how more compact growth would compare with sprawl in particular regions. Finally, they evaluate whether compact growth is likely to produce the benefits claimed by its advocates.
The book represents a comprehensive and objective analysis of the costs and benefits of different approaches to growth, and gives decision-makers and others concerned with planning and land use realistic and useful data on the implications of various options and policies.
In the seven decades from its establishment in 1775 to the commercialization of the electric telegraph in 1844, the American postal system spurred a communications revolution no less far-reaching than the subsequent revolutions associated with the telegraph, telephone, and computer. This book tells the story of that revolution and the challenge it posed for American business, politics, and cultural life.
During the early republic, the postal system was widely hailed as one of the most important institutions of the day. No other institution had the capacity to transmit such a large volume of information on a regular basis over such an enormous geographical expanse. The stagecoaches and postriders who conveyed the mail were virtually synonymous with speed.
In the United States, the unimpeded transmission of information has long been hailed as a positive good. In few other countries has informational mobility been such a cherished ideal. Richard John shows how postal policy can help explain this state of affairs. He discusses its influence on the development of such information-intensive institutions as the national market, the voluntary association, and the mass party. He traces its consequences for ordinary Americans, including women, blacks, and the poor. In a broader sense, he shows how the postal system worked to create a national society out of a loose union of confederated states. This exploration of the role of the postal system in American public life provides a fresh perspective not only on an important but neglected chapter in American history, but also on the origins of some of the most distinctive features of American life today.
Gathering together written accounts, postcards, photographs, advertisements, films, and oral histories as well as her own interpretations of these displays, Desmond gives us a vibrant account of U.S. tourism in Waikiki from 1900 to the present. She then juxtaposes cultural tourism with "animal tourism" in the United States, which takes place at zoos, aquariums, and animal theme parks. In each case, Desmond argues, the relationship between the viewer and the viewed is ultimately based on concepts of physical difference harking back to the nineteenth century.
Starting and Running a Nonprofit Organization is a book for people who are forming new small nonprofits; thinking about converting an informal, grassroots group into tax-exempt status; reorganizing an existing agency; or currently managing a nonprofit. It provides practical and basic how-to information on legal, tax, organizational, and other issues particular to nonprofits.
This one-of-a-kind resource has been a valuable guide to nonprofit management for decades. While much of the information originated in an earlier era of nonprofit formation, it remains highly useful for gaining an overview and creating an action plan for people entering this realm of organizational management. Its compact format provides information in an easy-to-understand style. The book describes, step-by-step, the typical phases of creating and operating a new nonprofit, including incorporation, establishing a board of directors, writing bylaws, obtaining tax-exempt status, creating a strategic plan, budgeting and grant seeking, understanding accounting principles, managing human resources, and creating a community relations plan.
The Center for Nonprofit Management is a department of the Graduate School of Business at the University of St. Thomas in Minneapolis and St. Paul. It provides training and guidance in all aspects of the nonprofit sector to existing organizations as well as individuals or groups who are seeking help in starting a nonprofit.
As the Warsaw bureau chief for the Financial Times, Jan Cienski spent more than a decade talking with the people who did something that had never been done before: recreating a market economy out of a socialist one. Poland had always lagged behind wealthier Western Europe, but in the 1980s the gap had grown to its widest in centuries. But the corrupt Polish version of communism also created the conditions for its eventual revitalization, bringing forth a remarkably resilient and entrepreneurial people prepared to brave red tape and limited access to capital. In the 1990s, more than a million Polish people opened their own businesses, selling everything from bicycles to leather jackets, Japanese VCRs, and romance novels. The most business-savvy turned those primitive operations into complex corporations that now have global reach.
Well researched and accessibly and entertainingly written, Start-Up Poland tells the story of the opening bell in the East, painting lively portraits of the men and women who built successful businesses there, what their lives were like, and what they did to catapult their ideas to incredible success. At a time when Poland’s new right-wing government plays on past grievances and forms part of the populist and nationalist revolution sweeping the Western world, Cienski’s book also serves as a reminder that the past century has been the most successful in Poland’s history.
Listen to a short interview with Robert PaarlbergHost: Chris Gondek | Producer: Heron & Crane
Heading upcountry in Africa to visit small farms is absolutely exhilarating given the dramatic beauty of big skies, red soil, and arid vistas, but eventually the two-lane tarmac narrows to rutted dirt, and the journey must continue on foot. The farmers you eventually meet are mostly women, hardworking but visibly poor. They have no improved seeds, no chemical fertilizers, no irrigation, and with their meager crops they earn less than a dollar a day. Many are malnourished.
Nearly two-thirds of Africans are employed in agriculture, yet on a per-capita basis they produce roughly 20 percent less than they did in 1970. Although modern agricultural science was the key to reducing rural poverty in Asia, modern farm science—including biotechnology—has recently been kept out of Africa.
In Starved for Science Robert Paarlberg explains why poor African farmers are denied access to productive technologies, particularly genetically engineered seeds with improved resistance to insects and drought. He traces this obstacle to the current opposition to farm science in prosperous countries. Having embraced agricultural science to become well-fed themselves, those in wealthy countries are now instructing Africans—on the most dubious grounds—not to do the same.
In a book sure to generate intense debate, Paarlberg details how this cultural turn against agricultural science among affluent societies is now being exported, inappropriately, to Africa. Those who are opposed to the use of agricultural technologies are telling African farmers that, in effect, it would be just as well for them to remain poor.
This book assesses the changing nature of state intervention in the economies of the affluent democracies. Against a widespread understanding that contemporary developments, such as globalization and new technologies, are pressing for a rollback of state regulation in the economy, the book shows that these same forces are also creating new demands and opportunities for state intervention. Thus, state activism has shifted, rather than simply eroded.
State authorities have shifted from a market-steering orientation to a market-supporting one. Chief among the new state missions are: repairing the main varieties of capitalism (liberal, corporatist, and statist); making labor markets and systems of social protection more employment-friendly; recasting regulatory frameworks to permit countries to cross major economic and technological divides; and expanding market competition at home and abroad.
Because the changes from market steering to market support are so controversial and far-reaching, state officials often find themselves making choices that produce clear winners and losers. Such choices require a capacity to act unilaterally and decisively, even in the face of substantial societal opposition. As a result, state activism, autonomy, and occasionally imposition remain essential for meeting the challenges of today's globalizing economy.
The State of Housing Design 2023 is the first report in a new series that reviews national trends, ideas, and critical issues as they relate to residential design. This volume examines recently built housing projects of notable design that address issues of affordability, social cohesion, sustainability, aesthetics, density, and urbanism. Through critical essays, visual content, and a crowdsourced survey of responses, it provides both designers and the general public with an overview of the forces at play in contemporary design of housing.
The State of Housing Design series is published by the Joint Center for Housing Studies, a research center affiliated with the Graduate School of Design at Harvard University, that has produced analyses of housing markets and policy for over sixty years.
In the latest edition of Worldwatch Institute’s State of the World series, scientists, policy experts, and thought leaders tackle these questions, attempting to restore meaning to sustainability as more than just a marketing tool. In State of the World 2013: Is Sustainability Still Possible?, experts define clear sustainability metrics and examine various policies and perspectives, including geoengineering, corporate transformation, and changes in agricultural policy, that could put us on the path to prosperity without diminishing the well-being of future generations. If these approaches fall short, the final chapters explore ways to prepare for drastic environmental change and resource depletion, such as strengthening democracy and societal resilience, protecting cultural heritage, and dealing with increased conflict and migration flows.
State of the World 2013 cuts through the rhetoric surrounding sustainability, offering a broad and realistic look at how close we are to fulfilling it today and which practices and policies will steer us in the right direction. This book will be especially useful for policymakers, environmental nonprofits, and students of environmental studies, sustainability, or economics.
In Stateless Commerce, Barak Richman uses the colorful case study of the diamond industry to explore how ethnic trading networks operate and why they persist in the twenty-first century. How, for example, does the 47th Street diamond district in midtown Manhattan—surrounded by skyscrapers and sophisticated financial institutions—continue to thrive as an ethnic marketplace that operates like a traditional bazaar? Conventional models of economic and technological progress suggest that such primitive commercial networks would be displaced by new trading paradigms, yet in the heart of New York City the old world persists. Richman’s explanation is deceptively simple. Far from being an anachronism, 47th Street’s ethnic enclave is an adaptive response to the unique pressures of the diamond industry.
Ethnic trading networks survive because they better fulfill many functions usually performed by state institutions. While the modern world rests heavily on lawyers, courts, and state coercion, ethnic merchants regularly sell goods and services by relying solely on familiarity, trust, and community enforcement—what economists call “relational exchange.” These commercial networks insulate themselves from the outside world because the outside world cannot provide those assurances.
Extending the framework of transactional cost and organizational economics, Stateless Commerce draws on rare insider interviews to explain why personal exchange succeeds, even as most global trade succumbs to the forces of modernization, and what it reveals about the limitations of the modern state in governing the economy.
A long-overdue guide on how to use statistics to bring clarity, not confusion, to policy work.
Statistics are an essential tool for making, evaluating, and improving public policy. Statistics for Public Policy is a crash course in wielding these unruly tools to bring maximum clarity to policy work. Former White House economist Jeremy G. Weber offers an accessible voice of experience for the challenges of this work, focusing on seven core practices:
- Thinking big-picture about the role of data in decisions
- Critically engaging with data by focusing on its origins, purpose, and generalizability
- Understanding the strengths and limits of the simple statistics that dominate most policy discussions
- Developing reasons for considering a number to be practically small or large
- Distinguishing correlation from causation and minor causes from major causes
- Communicating statistics so that they are seen, understood, and believed
- Maintaining credibility by being right (or at least respectably wrong) in every setting
First published in 1977, this volume caused a sensation because of Daly's radical view that "enough is best." Today, his ideas are recognized as the key to sustainable development, and Steady-State Economics is universally acknowledged as the leading book on the economics of sustainability.
Steam City tells the story of corporate capitalism starting from the street and moving outward, looking at how the rise of the railroad altered the fabric of everyday life in the United States. The B&O’s founders believed that their new line would remap American economic geography, but no one imagined that the railroad would also dramatically reshape the spaces of its terminal city. As railroad executives wrangled with city officials over their use of urban space, they formulated new ideas about the boundaries between public good and private profit. Ultimately, they reinvented the B&O as a private enterprise, unmoored to its home city. This bold reconception had implications not only for the people of Baltimore, but for the railroad industry as a whole. As David Schley shows here, privatizing the B&O helped set the stage for the rise of the corporation as a major force in the post-Civil War economy.
Steam City examines how the birth and spread of the American railroad—which brought rapid communications, fossil fuels, and new modes of corporate organization to the city—changed how people worked, where they lived, even how they crossed the street. As Schley makes clear, we still live with the consequences of this spatial and economic order today.
Iron ore is widely distributed over the world and has been mined from ancient times, but Mexico, with a good supply of ore, was a relative newcomer to the ranks of iron- and steel-producing nations. This distinctive book offers a history of the Mexican iron and steel industry through the 1960s.
Archaeological evidence, the author states, shows that the indigenous peoples of Mexico had developed a technology of metallurgy—relying on gold, silver, copper, tin and bronze—before the arrival of the Spaniards, but those same peoples had no knowledge of iron. That knowledge and accompanying technology arrived with the conquistadores.
Extremely slow development characterized the progress of iron mining in Mexico and until the twentieth century ore mining and metal forging continued to be handled on a small scale.
By the turn of the century two occurrences had combined to give Mexico an embryonic steel market: the railroad grid had come to link Mexico’s diverse regions and Porfirio Díaz had used his personal power to eliminate interstate tariff barriers to trade. In 1900 the first integrated steel mill in Latin America was established in Monterrey—the city that was to become the capital of Mexico’s manufacturing sector.
Forty years later, shortages of steel imports provided the motivation for the second stage of growth of the steel industry. Much of the book is devoted to the study of this period of growth.
William E. Cole tells the whole story in this scholarly study, which has as its twofold purpose a complete examination of the iron and steel industry of Mexico and an assessment of the impact of that industry on other sectors of the economy. Much space is devoted to an analysis of the role of the Mexican government in promoting and regulating the steel industry and to discussion of the efficiency of the promotional tools employed by the government. Further, he studies the status of the industry in the 1960s, its production and its consumption, and presents a projection for the future.
This classic account of the worker in the steel industry during the early years of the twentieth century combines the social investigator’s mastery of facts with the vivid personal touch of the journalist. From its pages emerges a finely etched picture of how men lived and worked in steel.
In 1907-1908, when John Fitch spent more than a year in Pittsburgh interviewing workers, steel was the master industry of the region. It employed almost 80,000 workers and virtually controlled social and civic life.
Fitch observed steel workers on the job, and he describes succinctly the prevailing technology of iron and steelmaking: the blast furnace crews, the puddlers and rollers; the crucible, Bessemer, and open hearth processes. He examined the health problems and accidents which resulted from the pressure of long hours, hazardous machinery, and speed-ups in production. He also anaylzed the early experiments in welfare capitolism, such as accident prevention and compensation, and pensions.
One of the six volumes in the famous Pittsburgh Survey (1909-1914), The Steel Workers remains a readable and timeless account of labor conditions in the early years of the steel industry. An introduction by the noted historian Roy Lubove places the book in political and historical context and makes it especially suitable for classroom use.
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