BiblioVault - Books about Cost

Cost and Choice

An Inquiry in Economic Theory

James M. Buchanan

University of Chicago Press, 1979

"As he usually does, Professor Buchanan has produced an interesting and provocative piece of work. [Cost and Choice] starts off as an essay in the history of cost theory; the central ideas of the book are traced to Davenport and Knight in the United States, and to a series of distinguished writers associated at various times with the London School of Economics. The author emerges from this discussion with what can be described as the ultimate in subjectivist cost doctrines. . . . Economists should learn the lessons offered to us in this little book—and learn them well. It can save them from serious errors."—William J. Baumol, Journal of Economic Literature

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The Cost of Being a Girl

Working Teens and the Origins of the Gender Wage Gap

Yasemin Besen-Cassino

Temple University Press, 2017

The gender wage gap is one of the most persistent problems of labor markets and women’s lives.

Most approaches to explaining the gap focus on adult employment despite the fact that many Americans begin working well before their education is completed. In her critical and compelling new book, The Cost of Being a Girl, Yasemin Besen-Cassino examines the origins of the gender wage gap by looking at the teenage labor force, where comparisons between boys and girls ought to show no difference, but do.

Besen-Cassino’s findings are disturbing. Because of discrimination in the market, most teenage girls who start part-time work as babysitters and in other freelance jobs fail to make the same wages as teenage boys who move into employee-type jobs. The “cost” of being a girl is also psychological; when teenage girls work retail jobs in the apparel industry, they have lower wages and body image issues in the long run.

Through in-depth interviews and surveys with workers and employees, The Cost of Being a Girl puts this alarming social problem—which extends to race and class inequality—in to bold relief. Besen-Cassino emphasizes that early inequalities in the workplace ultimately translate into greater inequalities in the overall labor force.

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The Cost of Courage

The Journey of an American Congressman

Carl Elliott

University of Alabama Press, 2001

This deeply moving story chronicles the tenacity and vision that carried Carl Elliott from the hills of northwest Alabama to eight distinguished terms in the United States House of Representatives.

Born in a log cabin on a tenant farm in 1913, Carl Elliott worked his way through The University of Alabama during the Great Depression and was elected to Congress in 1948. With a no-nonsense philosophy of fairness and equal opportunity, he established himself as one of the most effective members of the House of Representatives during the 1950s. He was a progressive Democrat and he fought hard for the dirt farmers and coal miners he grew up with and who sent him to Congress.

In an era when racial segregationists dominated southern politics, Elliott worked with many of the important political leaders of the 20th century, including Presidents Truman, Eisenhower, and Kennedy and powerful House Speaker Sam Rayburn. He was instrumental in passing the National Defense Education Act of 1958, which continues to provide college loans to more than 20 million Americans. But his brave stand against racism and George Wallace in the 1966 Alabama gubernatorial race ruined him professionally (he never returned to elected office) and financially (he cashed in his congressional pension to help fund the campaign). Even as a destitute invalid in his old age, however, Elliott kept his dignity and integrity intact.

The life story of Carl Elliott is full of humor and wry wisdom and explains how he made his way across a stage as big as America, influencing its politics and future, and then emerged, belatedly, as an unsung hero of the fight for civil rights and equality.

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The Cost of Free Shipping

Amazon in the Global Economy

Jake Alimahomed-Wilson

Pluto Press, 2021

Winner of the United Association for Labor Education Book Award 2021, this is essential reading for everyone who wants to understand the role of Amazon in our economy and society. With Amazon, supply-chain, and unionization in the news, it is both timely and incredibly informative.

Amazon is the most powerful corporation on the planet and its CEO, Jeff Bezos, has become one of the richest individuals in history, and one of the few people to profit from a global pandemic. Its dominance has reshaped the global economy itself: we live in the age of “Amazon Capitalism.”

“One-click” instant consumerism and its immense variety of products has made Amazon a worldwide household name, with over 60% of US households subscribing to Amazon Prime. In turn, these subscribers are surveilled by the corporation. Amazon is also one of the world's largest logistics companies, resulting in weakened unions and lowered labor standards.

The company has also become the largest provider of cloud-computing services and home surveillance systems, not to mention the ubiquitous Alexa.

With cutting-edge analyses, this book looks at the many dark facets of the corporation, including automation, surveillance, tech work, workers' struggles, algorithmic challenges, the disruption of local democracy and much more. The Cost of Free Shipping shows how Amazon represents a fundamental shift in global capitalism that we should name, interrogate, and be primed to resist.

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The Cost of Inaction

Case Studies from Rwanda and Angola

Sudhir Anand, Chris Desmond, Habtamu Fuje, and Nadejda Marques

Harvard University Press, 2012

This book is motivated by the idea that the cost of inaction can be much greater than the cost of action. Inaction can lead to serious negative consequences—for individuals, the economy, and society. The consequences of a failure to reduce extreme poverty, for example, typically include malnutrition, preventable morbidity, premature mortality, incomplete basic education, and other human and social development costs. In this volume, the authors seek to clarify exactly what is meant by “cost of inaction.” They develop a methodology to account for the consequences and estimate the costs of a failure to respond to the needs of children and their families. Their conceptual framework emphasizes the need to select appropriate actions against which inaction is evaluated. The authors present the results of applying the cost of inaction (COI) approach to six case studies from Rwanda and Angola. The case studies highlight important differences between the COI approach and benefit-cost analysis as it is traditionally implemented.

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The Cost of Inclusion

How Student Conformity Leads to Inequality on College Campuses

Blake R. Silver

University of Chicago Press, 2020

Young people are told that college is a place where they will “find themselves” by engaging with diversity and making friendships that will last a lifetime. This vision of an inclusive, diverse social experience is a fundamental part of the image colleges sell potential students. But what really happens when students arrive on campus and enter this new social world? The Cost of Inclusion delves into this rich moment to explore the ways students seek out a sense of belonging and the sacrifices they make to fit in.

Blake R. Silver spent a year immersed in student life at a large public university. He trained with the Cardio Club, hung out with the Learning Community, and hosted service events with the Volunteer Collective. Through these day-to-day interactions, he witnessed how students sought belonging and built their social worlds on campus. Over time, Silver realized that these students only achieved inclusion at significant cost. To fit in among new peers, they clung to or were pushed into raced and gendered cultural assumptions about behavior, becoming “the cool guy,” “the nice girl,” “the funny one,” “the leader,” “the intellectual,” or “the mom of the group.” Instead of developing dynamic identities, they crafted and adhered to a cookie-cutter self, one that was rigid and two-dimensional. Silver found that these students were ill-prepared for the challenges of a diverse college campus, and that they had little guidance from their university on how to navigate the trials of social engagement or the pressures to conform. While colleges are focused on increasing the diversity of their enrolled student body, Silver’s findings show that they need to take a hard look at how they are failing to support inclusion once students arrive on campus.

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Formidable Heritage

Manitoba's North and the Cost of Development

Jim Mochoruk

University of Manitoba Press, 2004

Canadians have an ambivalent feeling towards the North. Although climate and geography make our northern condition apparent, Canadians often forget about the north and its problems. Nevertheless, for the generation of historians that included Lower, Creighton, and Morton, the northern rivers, lakes, forests, and plains were often seen as primary characters in the drama of nation building. W.L. Morton even went so far as to write that the ìmain task of Canadian life has been to make something of that formidable heritageî of the northern Canadian shield. For many politicians and developers, "to make something" of the North came to mean thinking of the North as an empty hinterland waiting to be exploited, and today, hydroelectric projects, mining, milling, pulp and paper, and other industries have changed much of the North beyond recognition.One of the first parts of the North to be aggressively industrialized was northern Manitoba. When all of Manitoba was given in 1670 to a group of entrepreneurs, a precedent was set that was replicated throughout the provinceís history. After the province entered confederation in 1870, provincial politicians and business leaders began to look to the northern resources as a new key to the provinceís economic development. Particularly after 1912, they saw resource development in the North as a strategy to expand the provincial economy from its agricultural base. Jim Mochoruk shows how government and business worked together to transform what had been the exclusive fur-trading preserve of the Hudsonís Bay Company into an industrial hinterland. He follows the many twisting paths established by developers and politicians as they chased their goal of economic growth, and recounts the ultimate costs of development in economic, ecological, and political terms.

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Rimbaud

The Cost of Genius

Neal Oxenhandler

The Ohio State University Press, 2009

Living during the chaotic period between the end of the Second Empire and the early years of the Third Republic, Arthur Rimbaud would become the genius of French literary modernism, surpassing even Baudelaire. But at what cost? In his poems and letters he reveals the devastating rigors of his relationships with others as well as his power as creator and thinker. Neal Oxenhandler employs psychocritical strategies to penetrate the secrets of a man who was one of the greatest literary figures of his century. For each poem Rimbaud wrote he paid a price in suffering, in jealousy, and in misunderstanding. Eventually the price for his gift rose so high that he had no alternative except to abandon poetry while still in his mid-twenties.

Rimbaud: The Cost of Genius analyzes twenty-one major poems, showing the poet’s development during the ten years (1869–1879), when he was actively writing. It offers new solutions to the “joke” or “trick” poems, such as “H” and “Conte.” It also deals with the poet’s confinement in the Babylone barracks during the Commune, envisioned in the enigmatic poem, “Le Coeur du pitre.” In the last chapter, Oxenhandler studies how sublimation is achieved in “Une Saison en enfer” through the rhetorical trope of chiasmus.

The book concludes with a personal “Appendix” that seeks to penetrate the mystery surrounding Rimbaud’s death in the Conception Hospital in Marseilles on November 10, 1891, at the age of thirty-seven.

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