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America's Children
Resources from Family, Government, and the Economy
Donald J. Hernandez
Russell Sage Foundation, 1993
America's Children offers a valuable overview of the dramatic transformations in American childhood over the past fifty years, a period of historic shifts that reduced the human and material resources available to our children. Alarmingly, one fifth of all U.S. children now grow up in poverty, many are without health insurance, and about 30 percent never graduate from high school. Despite such conditions, economic, family, and educational programs for children earn low national priority and must depend on inconsistent state and local management. Drawing upon both historical and recent data, including census information from 1940 to 1980, Donald J. Hernandez provides a vivid portrait of children in America and puts forth a forceful case for overhauling our national child welfare policies. Hernandez shows how important revolutions in household composition and income, parental education and employment, childcare, and levels of poverty have affected children's well-being. As working wives and single mothers increasingly replace the traditional homemaker, children spend greater portions of time in educational and daycare facilities outside the home, and those with single mothers stand the greatest chance of being welfare dependent. Wider changes in society have created even greater stress for children in certain groups as they age: out-of-wedlock births are on the rise for white teenagers, half of all Hispanic youths never graduate high school, and violence accounts for nearly 90 per cent of all black teenage deaths. America's Children explores the interaction of many trends in children's lives and the fundamental social, demographic, and economic processes that lie at their core. The book concludes with a thoughtful analysis of the ability of families and government to provide for a new age of children, with emphasis on reducing racial inequities and providing greater public support for families, comparable to the family policies of other developed countries. As the traditional "Ozzie and Harriet" family recedes into collective memory, the importance of creating strong national policies for children is amplified, particularly in the areas of financial assistance, health insurance, education, and daycare. America's Children provides a compelling guide for reassessing the forces that shape our children and the resources available to safeguard their future.   "In this conceptually creative, methodologically rigorous, and empirically rich book, Hernandez uses census and survey data to describe several quite profound changes that have characterized the life courses of America's children and their families over the last 50 to 150 years....this erudite book is destined to be a classic." —Richard M. Lerner, Contemporary Psychology "America's Children goes a long way toward informing the debate on the causes of increasing poverty, and it challenges some widely held misperceptions....its study of resources available to children (and their families) lays a valuable foundation for surveying trends in family structure, education, and income sources....Anyone interested in the changing lives of children should read it; anyone interested in understanding the causes and patterns of poverty, and in designing a better welfare system, must read it." —Ellen B. Magenheim, Journal of Policy Analysis and Management   A Volume in the Russell Sage Foundation Census Series
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Brazil Since 1985
Economy, Polity and Society
Edited by Maria D'Alva G. Kinzo and James Dunkerley
University of London Press, 2003
Looking into Brazil's recent experience of democracy is an arduous undertaking, given the complexities of a country of continental size and great regional contrasts, where areas of prosperity and wealth mingle with underdevelopment and poverty. This book looks at some of the important issues involved in building up a democracy and keeping it working. How should we assess Brazil's experience of democracy? To what extent has the emergence of a democratic regime improved Brazilians' social, economic, and political life? Has democracy been consolidated to the point of making a political breakdown unthinkable or improbable? These are questions that any student of Brazil has to address. The answers to them, however, are far from simple.
Contributors include Edmund Amann (School of Economic Studies, University of Manchester, UK), Maria Celi Scalon (Insituto Universitario de Pesquisas do Rio de Janeiro, Brazil), Carlos Antonio Costa Ribeiro (Universidade Federal de Minas Gerais, Brazil), Mauricio Coutinho (Universidade Estadual de Campinas, Brazil), Argelina Cheibub Figueiredo (Universidade de Sao Paulo, Brazil), James Dunkerley (Institute of Latin American Studies and Queen Mary, University of London, UK), Antonio Sergio A. Guimaraes (Universidade de Sao Paulo, Brazil), Anthony Hall (London School of Economics and Political Science, UK), Fernando Limongi (Universidade de Sao Paulo, Brazil), Fiona Macaulay (Centre for Brazilian Studies, University of Oxford and Institute of Latin American Studies, University of London, UK), Celso Martone (Universidade de Sao Paulo, Brazil), Leandro Piquet Carneiro (Universidade de Sao Paulo, Brazil), Mauro Porto (Universidade de Brasilia, Brazil), and Brasilio Sallum Jr. (Universidade de Sao Paulo, Brazil).
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The Business Francis Means
Understanding the Pope's Message on the Economy
Martin Schlag
Catholic University of America Press, 2017
Pope Francis, generally speaking, has thus far chosen to concentrate his papacy on social justice issues, as opposed to doctrinal or liturgical issues. This has led to Francis being hailed as a hero to many on the left, while it has made some conservative supporters of St. John Paul II and Pope Emeritus Benedict XVI disappointed and uncomfortable, even as they love and appreciate his person and gestures of mercy and compassion. Some find his teachings difficult to embrace, especially those concerning business and the economy. Pope Francis has spoken of building bridges as part of what it is to be Christian, but aspects of his message seem to be just constructing walls between the Holy Father and groups of the faithful.

The Business Francis Means aims to break through these walls, showing that Pope Francis has something to say to all Christians. His message, taken as a whole, keeps us from dividing the “seamless garment” of Christ: he reminds the conservatives of the problems of inequality and poverty, and the liberals that social justice is not enough – the Church is the bride of Christ, not a social institution or an NGO.

Monsignor Martin Schlag summarizes and explains the message of Pope Francis on business and the economy in this compact volume. The Business Francis Means will be of great interest to the Catholic layperson, especially one involved in political or economic life.
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Capitalism, Not Globalism
Capital Mobility, Central Bank Independence, and the Political Control of the Economy
William Roberts Clark
University of Michigan Press, 2009
Capitalism, Not Globalism shows that, while much has been made of recent changes in the international economy, the mechanisms by which politicians control the economy have not changed throughout the postwar period. Challenging both traditional and revisionist globalization theorists, William Roberts Clark argues that increased financial integration has led to neither a widening nor a narrowing of partisan differences in macroeconomic polices or outcomes. Rather, he shows that the absence of partisan differences in macroeconomic policy is a long-standing feature of democratic capitalist societies that can be traced to politicians' attempts to use the economy to help them survive in office.
Changes in the structural landscape such as increased capital mobility and central bank independence do not necessarily diminish the ability of politicians to control the economy, but they do shape the strategies they use to do so. In a world of highly mobile capital, politicians manipulate monetary policy to create macroeconomic expansions prior to elections only if the exchange rate is flexible and the central bank is subservient. But they use fiscal policy to induce political business cycles when the exchange rate is fixed or the central bank is independent.
William Roberts Clark is Assistant Professor, Department of Politics, New York University.
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The Colonias Reader
Economy, Housing and Public Health in U.S.-Mexico Border Colonias
Edited by Angela J. Donelson and Adrian X. Esparza
University of Arizona Press, 2010
The colonias of the U.S.–Mexico border form a loose network of more than 2,500 settlements, ranging in size from villages to cities, that are home to over a million people. While varying in size, all share common features: wrenching poverty, substandard housing, and public health issues approaching crisis levels. This book brings together scholars, professionals, and activists from a wide range of disciplines to examine the pressing issues of economic development, housing and community development, and public and environmental health in colonias of the four U.S.–Mexico border states.

The Colonias Reader is the first book to present such a broad overview of these communities, offering a glimpse into life in the colonias and the circumstances that allow them to continue to exist—and even grow—in persistent poverty. The contributors document the depth of existing problems in each state and describe how government agencies, nongovernmental organizations, and community activists have mobilized resources to overcome obstacles to progress.

More than reporting problems and documenting programs, the book provides conceptual frameworks that tie poverty to institutional and class-based conflicts, and even challenges the very basis of colonia designations. Most of these contributions move beyond portraying border residents as hapless victims of discrimination and racism, showing instead their devotion to improving their own living conditions through grassroots organizing and community leadership.

These contributions show that, despite varying degrees of success, all colonia residents aspire to a livable wage, safe and decent housing, and basic health care. The Colonias Reader showcases many situations in which these people have organized to fulfill these ambitions and provides new insight into life along the border.
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Creative Urban Milieus
Historical Perspectives on Culture, Economy, and the City
Edited by Martina Heßler and Clemens Zimmermann
Campus Verlag, 2008
Fashion Week in Paris and London, the Venice Biennale, and the nineteenth-century Viennese scientific community  may seem wildly disparate, but each represent the cultural possibilities of an international metropolis. Creative Urban Milieus is an interdisciplinary examination of the historical relationship between culture and the economy in such cities as Berlin, New York, Helsinki, London, Venice, and many others. This groundbreaking work investigates the contributions of the creative class to the urban renaissance, contextualized by historical examples from the eighteenth century to the present day.
Skeptical of the current euphoria surrounding the commercialization of culture, a distinguished group of contributors apply a comparative and historical perspective to probe how creative works have affected the global economy.  Drawing on lessons from urban planning, art history, and cultural spectacles alike, Creative Urban Milieus will change the way we think about the symbiotic relationship between cities and innovation.
 
 
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Culture and Economy
The Shaping of Capitalism in Eastern Asia
Timothy Brook and Hy Van Luong, Editors
University of Michigan Press, 1999
In recent years, most of the economies of Eastern Asia have been absorbed into global capitalism. Capitalism has transformed these economies, but the process has not been one-way. The cultures of Eastern Asia have in turn shaped how capitalism organizes labor, capital, and markets in ways that could not have been anticipated even ten years ago. On the basis of rich empirical analyses of East and Southeast Asia, and with theoretical insights from different approaches in the social sciences, Culture and Economy addresses these issues in both macroscopic and microscopic terms. Specific topics discussed range from the use and reinvention of Confucian and Islamic legacies in South Korea and Malaysia to promote a particular vision of the economy, to the role of family- and network-structured firms and the reliance on trust-based personal networks in Southeast Asia, to the cultures of labor and management in Chinese village enterprises and Vietnamese ceramics firms, as well as in South Korean export processing zones and the current Chinese labor market. These careful case studies suggest that it is inevitable that Eastern Asia will shape, even remake, capitalism into a system of production and consumption beyond its original definition. Timothy Brook is Professor of History, Stanford University. Hy V. Luong is Professor of Anthropology, University of Toronto.
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Democratize Work
The Case for Reorganizing the Economy
Isabelle Ferreras, Julie Battilana, and Dominique Méda
University of Chicago Press, 2022
An urgent and deeply resonant case for the power of workplace democracy to restore balance between economy and society.

What happens to a society—and a planet—when capitalism outgrows democracy? The tensions between democracy and capitalism are longstanding, and they have been laid bare by the social effects of COVID-19. The narrative of “essential workers” has provided thin cover for the fact that society’s lowest paid and least empowered continue to work risky jobs that keep our capitalism humming. Democracy has been subjugated by the demands of capitalism. For many, work has become unfair. 

In Democratize Work, essays from a dozen social scientists—all women—articulate the perils and frustrations of our collective moment, while also framing the current crisis as an opportunity for renewal and transformation. Amid mounting inequalities tied to race, gender, and class—and with huge implications for the ecological fate of the planet—the authors detail how adjustments in how we organize work can lead to sweeping reconciliation. By treating workers as citizens, treating work as something other than an asset, and treating the planet as something to be cared for, a better way is attainable. Building on cross-disciplinary research, Democratize Work is both a rallying cry and an architecture for a sustainable economy that fits the democratic project of our societies.

Contributors include Alyssa Battistoni (Barnard College of Columbia University), Adelle Blackett (McGill University), Julia Cagé (Sciences Po), Neera Chandhoke (University of Delhi), Lisa Herzog (University of Groningen), Imge Kaya Sabanci (IE Business School), Sara Lafuente (European Trade Union Institute), Hélène Landemore (Yale University), Flávia Máximo (Universidade Federal de Ouro Preto, Brazil), and Pavlina R. Tcherneva (Levy Economics Institute of Bard College).
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Demography and the Economy
Edited by John B. Shoven
University of Chicago Press, 2010

Demographics is a vital field of study for understanding social and economic change and it has attracted attention in recent years as concerns have grown over the aging populations of developed nations. Demographic studies help make sense of key aspects of the economy, offering insight into trends in fertility, mortality, immigration, and labor force participation, as well as age, gender, and race specific trends in health and disability.

Demography and the Economy
explores the connections between demography and economics, paying special attention to what demographic trends can reveal about the sustainability of traditional social security programs and the larger implications for economic growth. The volume brings together some of the leading scholars working at the border between the two disciplines, and it provides an eclectic overview of both fields. Contributors also offer deeper analysis of a variety of issues such as the impact of greater wealth on choices about marriage and childbearing and the effects of aging populations on housing prices, Social Security, and Medicare.

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Earth in Our Care
Ecology, Economy, and Sustainability
Maser, Chris
Rutgers University Press, 2009
"What about the twenty-first century? Will we finally accept our responsibilities as guardians of planet Earth, the biological living trust, for the beneficiaries, the children of today, tomorrow, and beyond? Or, will it too be a century of lethal, economic struggle among the polarized positions of the supremely dysfunctional among us? Are they—once again—to be allowed to determine the legacy we, as a society, as a nation, bequeath those who follow us? The choice is ours, the adults of the world. How shall we choose?"

So writes Chris Maser in this compelling study of three interactive spheres of the ecosystem: atmosphere (air), litho-hydrosphere (rock that comprises the restless continents and the water that surrounds them), and biosphere (all life sandwiched in between).

Rich in detail and insightful analogies, Earth in Our Care addresses key issues including land-use policies, ecological restoration, forest management, local living, and sustainability thinking. Exploring our interconnectedness with the Earth, Maser examines today's problems and, more importantly, provides solutions for the future.

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Ecocritique
Contesting the Politics of Nature, Economy, and Culture
Timothy W. Luke
University of Minnesota Press, 1997

Ecocriticism, whether coming from “back to nature” conservatives, Nature Conservancy liberals, or Earth First! radicals, is familiar enough. But when we listen do we really hear what these groups are saying? In a book that examines the terms of ecocriticism, Timothy W. Luke exposes how ecological critics, organizations, and movements manipulate our conception of the environment. Turning the tables on the ecocritics, Luke demonstrates how ecocriticism can move beyond its familiar confines to engage larger cultural, economic, and political questions.

Ecocritique rereads ecocriticism to reveal how power and economy, society and culture, community and technology compete over what are now widely regarded as the embattled ecosystems of nature. Luke considers in particular how the meanings and values attached to the environment by various groups—from the Worldwatch Institute, the Nature Conservancy, and Earth First! to proponents of green consumerism, social ecology, and sustainable development—articulate new visions of power and subjectivity for a post-Cold War era.

This accessibly written work opens with deep ecology and concludes with social ecology, along the way reconsidering thinkers with green philosophical leanings, including Herbert Marcuse, Paolo Soleri, and Murray Bookchin. In systematic critiques reexamining the cultural practices and ethical values of contemporary environmentalism, Luke highlights the political dilemmas of biocentrism and anthropocentrism in modern ecological thinking.

With its critical analysis of many contemporary environmental discourses and organizations, Ecocritique makes a major contribution to ongoing debates about the political relationships among nature, culture, and economics in the current global system.

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Economy and Interest
A New Presentation of the Fundamental Problems Related to the Economic Role of the Rate of Interest and Their Solutions
Maurice Allais
University of Chicago Press, 2024

The essential work from the Nobel Prize-winning virtuoso of twentieth-century economics, translated to English for the first time.

Few scholars advanced the frontier of economic modeling more than French economist Maurice Allais. Allais’s contributions—beyond his famous Allais’s Paradox—earned him the Nobel Prize and drew comparisons to the works of Paul Samuelson and even some modern mathematical behavioral economists. 

Allais’s accomplishments, however, went largely unread by non-Francophone readers due to the challenge of their translation for publishers. The effects of this gap are immeasurable. As Paul Samuelson wrote, “Had Allais's earliest writings been in English, a whole generation of economic theory would have taken a different course.”

Economy and Interest is the milestone translation of Allais's most influential work, one whose staggering findings predate their accepted formulations by other famed economists decades later. In its sweep and technical virtuosity, Economy and Interest is certain to delight and challenge new generations of English-language readers.

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The Economy and Material Culture of Russia, 1600-1725
Richard Hellie
University of Chicago Press, 1999
In this extraordinary and definitive study of the Russian economy from 1600-1725, Richard Hellie offers a glimpse of the material life of the people of Muscovy during that tumultuous period—how they lived, what they ate, how they were taxed, what their wages allowed them to enjoy. Making these determinations required more than a decade of work and analysis of over 107,000 records. The resulting book devotes chapters to each category of consumer goods, in which transactions involving the product are summarized. Hellie further provides notes and commentary on the transactions to locate their place in the full Russian economy.

Impressive in scope and data analysis, Economy and Material Culture of Russia, 1600-1725 will be an invaluable resource and reference work for all readers interested in economic history and the history of material culture. Since there is no comparable one-volume work for any other society at any other time in history, Hellie's is a truly unique and profound achievement.

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Economy and Society in Baroque Portugal, 1668-1703
Carl A. Hanson
University of Minnesota Press, 1981

Economy and Society in Baroque Portugal, 1668–1703 was first published in 1981. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions.

The late seventeenth century in Portugal was a period of apparent calm, and few historians have given it much attention. Portugal's Golden Age of worldwide expansion had made sixteenth-century Lisbon a great commercial center, but other European nations with more advanced economies surpassed Portugal's achievement, and during the seventeenth century agricultural, economic, and political problems all contributed to Portugal's decline. In 1668, at the conclusion of a long war with Spain to restore Portuguese sovereignty, Pedro II began a reign of 38 years, first as regent for a feckless brother ad after 1683 as king. The history of Portugal during his reign is the subject of this book.

Carl A. Hanson looks at this relatively unexamined era and finds, behind the facade of baroque calm, subtle but dramatic shifts in the socio-economic foundations of the age. In an effort to cope with economic depression Pedro's government hearkened to enthusiastic reports of Colbert's mercantile policies in France, and tried to encourage the expansion of domestic manufacturing. Linked to these efforts were attempts to curb the inquisitorial persecution of New Christian merchants. Hanson explores the motives of anti-Semitism, greed and class warfare that underlay the persecution and describes the efforts of an eloquent Jesuit, Father Antonio Vieira, to protect the New Christians from the worst excesses of the Inquisition.

The triumph of the Inquisition, and thus of the established social order, and the failure of Portugal's experiment in mercantilism coincided with a new wave of commodity-borne prosperity. After 1690, increased exports of Brazilian gold, tobacco, hides, and sugar, and of Port wine changed Portugal's economic status. With the signing of the Anglo- Portuguese treaty of Methuen in 1703, Portugal entered a gilded—if not golden—age. Yet, as Hanson makes clear, the new prosperity was deceptive, for Portugal was to slip into increasingly dependent relationships with the more advanced economies — especially England's—which absorbed great quantities of Luso-Atlantic commodities in exchange for its own manufactures. And, at home, the victorious social order, no longer threatened by a mercantile class, was to find security under an increasingly absolutist government. The reign of Pedro II is significant, then, as a period of transition when, for the first time, the foundations of the old order were threatened. The baroque facade survived but the edifice itself had begun to crumble.

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Economy and the Future
A Crisis of Faith
Jean-Pierre Dupuy
Michigan State University Press, 2014
A monster stalks the earth—a sluggish, craven, dumb beast that takes fright at the slightest noise and starts at the sight of its own shadow. This monster is the market. The shadow it fears is cast by a light that comes from the future: the Keynesian crisis of expectations. It is this same light that causes the world’s leaders to tremble before the beast. They tremble, Jean-Pierre Dupuy says, because they have lost faith in the future. What Dupuy calls Economy has degenerated today into a mad spectacle of unrestrained consumption and speculation. But in its positive form—a truly political economy in which politics, not economics, is predominant—Economy creates not only a sense of trust and confidence but also a belief in the open-endedness of the future without which capitalism cannot function. In this devastating and counterintuitive indictment of the hegemonic pretensions of neoclassical economic theory, Dupuy argues that the immutable and eternal decision of God has been replaced with the unpredictable and capricious judgment of the crowd. The future of mankind will therefore depend on whether it can see through the blindness of orthodox economic thinking.
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The Economy of British West Florida, 1763-1783
Robin F. A. Fabel
University of Alabama Press, 1988

The untold economic story of Britain’s Gulf Coast frontier.

This is the first book-length investigation of the economy of British West Florida and the extent to which it was economically viable given that it had been an economic failure for Spain. In it, author Robin Fabel explores both the territory's economy and history but also analyzes previously neglected but key aspects of British West Florida, including the maritime life of the province, the institution of slavery, and the potentially great immigration scheme sponsored by the Company of Military Adventures.

The British divided Florida into two colonies: East Florida and West Florida. West Florida comprised the area between the Apalachicola, Chattahoochee, and Mississippi rivers, and from the Gulf of Mexico north to thirty-two degrees twenty-eight minutes north latitude, roughly the latitude of modern-day Jackson, MS and Montgomery, AL. In the geographic center of the colony were Mobile, Alabama and Pensacola, Floriday. British West Florida included parts of the states of Alabama, Florida, Louisiana, and Mississippi and existed from 1763 until 1783 at the end of the American Revolutionary War. 

Fabel contrasts the founding of Georgia, where slaves were initially excluded, with West Florida, where the slave trade became important economically. The British believed that only enslaved Blacks could labor successfully in the hot climate. Fabel gives an account of how owners employed enslaved people, how rare it was for slaves to be emancipated, and the passage of slave laws for West Florida. Fabel also explores British West Florida’s trade with Native Americans and the Caribbean islands, as well as the colony's relationships with neighboring Spanish and French communities.

Fabel's work offers an engaging and accessible account of the history of an expansive region of colonial North America during a fluid period of colonial history before American independence.

 

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The Economy of Character
Novels, Market Culture, and the Business of Inner Meaning
Deidre Shauna Lynch
University of Chicago Press, 1998
At the start of the eighteenth century, talk of literary "characters" referred as much to letters and typefaces as it did to persons in books. Yet by the nineteenth century, characters had become the equals of their readers, friends with whom readers might spend time and empathize.

Although the story of this shift is usually told in terms of the "rise of the individual," Deidre Shauna Lynch proposes an ingenious alternative interpretation. Elaborating a "pragmatics of character," Lynch shows how readers used transactions with characters to accommodate themselves to newly commercialized social relations. Searching for the inner meanings of characters allowed readers both to plumb their own inwardness and to distinguish themselves from others. In a culture of mass consumption, argues Lynch, possessing a belief in the inexpressible interior life of a character rendered one's property truly private.

Ranging from Defoe and Smollett to Burney and Austen, Lynch's account will interest students of the novel, literary historians, and anyone concerned with the inner workings of consumer culture and the history of emotions.
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The Economy of Communist China, 1949–1969
Cheng Chu-yuan
University of Michigan Press, 1971
Economic development in mainland China during the first two decades of Communist control provides a typical example for the difficult task to transform a vast underdeveloped agrarian economy into a modern industrial one. In the first half of this period, a series of massive transformations of social and economic institutions was accompanied by a drafted industrialization program; the result was an impressive speed-up in economic growth. The second decade witnessed an economic crisis (1960–62) and a political upheaval (1966–68). These disruptions marred the economic performance over the period as a whole. Consequently, the long-term growth rate appears to have been only moderate.
The Economy of Communist China reviews selected aspects of the economy. After examining the development strategy, it analyzes the quantitative trends and the structural changes. The book goes on to analyze the key factors contributing to the earlier growth and the elements responsible for the later disruption and finally assesses the impact of the Cultural Revolution on the Chinese economy and the prospects of the current Third Five-Year Plan.
The text includes a bibliography of selected materials on Chinese economic development.
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The Economy of Glory
From Ancien Régime France to the Fall of Napoleon
Robert Morrissey
University of Chicago Press, 2013
From the outset of Napoleon’s career, the charismatic Corsican was compared to mythic heroes of antiquity like Achilles, and even today he remains the apotheosis of French glory, a value deeply embedded in the country’s history. From this angle, the Napoleonic era can be viewed as the final chapter in the battle of the Ancients and Moderns. In this book, Robert Morrissey presents a literary and cultural history of glory and its development in France and explores the “economy of glory” Napoleon sought to implement in an attempt to heal the divide between the Old Regime and the Revolution.
 
Examining how Napoleon saw glory as a means of escaping the impasse of Revolutionary ideas of radical egalitarianism, Morrissey illustrates the challenge the leader faced in reconciling the antagonistic values of virtue and self-interest, heroism and equality. He reveals that the economy of glory was both egalitarian, creating the possibility of an aristocracy based on merit rather than wealth, and traditional, being deeply embedded in the history of aristocratic chivalry and the monarchy—making it the heart of Napoleon’s politics of fusion. Going beyond Napoleon, Morrissey considers how figures of French romanticism such as Chateaubriand, Balzac, and Hugo constantly reevaluated this legacy of glory and its consequences for modernity. Available for the first time in English, The Economy of Glory is a sophisticated and beautifully written addition to French history.
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The Economy of Modern Israel
Malaise and Promise
Assaf Razin and Efraim Sadka
University of Chicago Press, 1993
In this up-to-date study of the Israeli economy, Assaf Razin and Efraim Sadka cover the entire economic history of the state, focusing on links between Israel's economic growth, its integration into world markets, its tax and welfare systems, and the political conflicts in the Middle East.

The authors present the first detailed economic analysis of the Palestinian uprising, showing how the unrest has led to a fall in Arab employment in Israel and serious economic loss to the occupied territories with some loss to Israel. They also examine how the uprising has affected Israel's financial standing internationally and the inflow of foreign aid.

Razin and Sadka see promise for Israel's economy in the waves of immigration from the former Soviet Union, despite the current difficulties in absorbing the immigrants; in the coexistence of a flourishing and highly competitive private sector with a relatively large public sector, which is undergoing privatization; and in a tax structure that encourages long-term saving and business growth. By examining the interplay between the exchange rate, interest rates, and monetary and anti-inflation policies, the authors investigate the possibilities for renewed growth and conclude that the future of Israel's economy crucially depends on serious efforts to secure peace in the Middle East.
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The Economy of Prostitution in the Roman World
A Study of Social History and the Brothel
Thomas A. J. McGinn
University of Michigan Press, 2004

In recent years, a number of classical scholars have turned their attention to prostitution in the ancient world. Close examination of the social and legal position of Roman meretrices and Greek hetairai have enriched our understanding of ancient sexual relationships and the status of women in these societies. These studies have focused, however, almost exclusively on the legal and literary evidence.
McGinn approaches the issues from a new direction, by studying the physical venues that existed for the sale of sex, in the context of the Roman economy. Combining textual and material evidence, he provides a detailed study of Roman brothels and other venues of venal sex (from imperial palaces and privates houses to taverns, circuses, and back alleys) focusing on their forms, functions, and urban locations.
The book covers the central period of Roman history, roughly from 200 B.C. to A.D. 250. It will especially interest social and legal historians of the ancient world, and students of gender, sexuality, and the family.
Thomas A. J. McGinn is Associate Professor of Classical Studies at Vanderbilt University.
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Economy of Words
Communicative Imperatives in Central Banks
Douglas R. Holmes
University of Chicago Press, 2013
Markets are artifacts of language—so Douglas R. Holmes argues in this deeply researched look at central banks and the people who run them. Working at the intersection of anthropology, linguistics, and economics, he shows how central bankers have been engaging in communicative experiments that predate the financial crisis and continue to be refined amid its unfolding turmoil—experiments that do not merely describe the economy, but actually create its distinctive features.
 
Holmes examines the New York District Branch of the Federal Reserve, the European Central Bank, Deutsche Bundesbank, and the Bank of England, among others, and shows how officials there have created a new monetary regime that relies on collaboration with the public to achieve the ends of monetary policy. Central bankers, Holmes argues, have shifted the conceptual anchor of monetary affairs away from standards such as gold or fixed exchange rates and toward an evolving relationship with the public, one rooted in sentiments and expectations. Going behind closed doors to reveal the intellectual world of central banks,Economy of Words offers provocative new insights into the way our economic circumstances are conceptualized and ultimately managed. 
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Effeminism
The Economy of Colonial Desire
Revathi Krishnaswamy
University of Michigan Press, 2011
Effeminism charts the flows of colonial desire in the works of British writers in India. Working on the assumption that desire is intensely political, historically constituted, and materially determined, the book shows how the inscriptions of masculinity in the fictions of Flora Annie Steel, Rudyard Kipling, and E. M. Forster are deeply implicated in the politics of colonial rule and anticolonial resistance. At the same time, the study refrains from representing colonialism as a coherent set of public events, policies, and practices whose social, political, and cultural meanings are self-evident. Instead, by tracing the resistant and unassailable modes of masculine desire in colonial fiction, the study insists on an explosive revolutionary potential that makes desire often intractable. And by restoring the political in the unconscious and the unconscious in the political, the book proposes to understand colonialism in terms of historical failure, ideological inadequacy, and political contention. This book will interest not only scholars of 19th- and 20th-century British literature and colonial and postcolonial literatures, but also those working in the areas of cultural studies, gender studies, and South Asian studies.“Krishnaswamy uses ‘effeminization’ to describe the complicated paths of colonial sexual desire, stereotypes of Indian male passivity, and how ‘colonizing men used womanhood to delegitimize, discredit and disempower colonized men.’ Reading texts by Rudyard Kipling (a ‘culturally hybrid male’), E. M. Forster (a homosexual), and F. A. Steel (a woman), the author shows how these tactics affect the representation not only of colonized men and women but also of the marginalized writers of the colonizing culture. In the process, she makes intriguing analogies between androgyny and biculturalism.”—Choice
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Effeminism
The Economy of Colonial Desire
Revathi Krishnaswamy
University of Michigan Press, 1999
Effeminism charts the flows of colonial desire in the works of British writers in India. Working on the assumption that desire is intensely political, historically constituted, and materially determined, the book shows how the inscriptions of masculinity in the fictions of Flora Annie Steel, Rudyard Kipling, and E. M. Forster are deeply implicated in the politics of colonial rule and anticolonial resistance. At the same time, the study refrains from representing colonialism as a coherent set of public events, policies, and practices whose social, political, and cultural meanings are self-evident. Instead, by tracing the resistant and unassailable modes of masculine desire in colonial fiction, the study insists on an explosive revolutionary potential that makes desire often intractable. And by restoring the political in the unconscious and the unconscious in the political, the book proposes to understand colonialism in terms of historical failure, ideological inadequacy, and political contention. This book will interest not only scholars of 19th- and 20th-century British literature and colonial and postcolonial literatures, but also those working in the areas of cultural studies, gender studies, and South Asian studies.“Krishnaswamy uses ‘effeminization’ to describe the complicated paths of colonial sexual desire, stereotypes of Indian male passivity, and how ‘colonizing men used womanhood to delegitimize, discredit and disempower colonized men.’ Reading texts by Rudyard Kipling (a ‘culturally hybrid male’), E. M. Forster (a homosexual), and F. A. Steel (a woman), the author shows how these tactics affect the representation not only of colonized men and women but also of the marginalized writers of the colonizing culture. In the process, she makes intriguing analogies between androgyny and biculturalism.”—Choice
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Entrepreneurship and Innovation Policy and the Economy
Volume 1
Edited by Josh Lerner and Scott Stern
University of Chicago Press Journals, 2022
Entrepreneurship and innovation are widely recognized as key drivers of long-term economic growth. Understanding the forces that influence them is essential for policy design. Building on the twenty-year legacy of the NBER Innovation Policy and the Economy series, Entrepreneurship and Innovation Policy and the Economy showcases recent research on entrepreneurship and entrepreneurship policy. The volume reports on five research projects. First, leveraging detailed data from the Business Formation Statistics, John Haltiwanger documents a striking uptick in new business formation during the pandemic, and considers the future economic impact of this renewed rate of business dynamism. The next two chapters focus on disparities in the degree of inclusion of women and people of color in innovation and entrepreneurship. Lisa Cook, Janet Gerson, and Jennifer Kuan examine the history of unequal access to education, training, and the practice and commercialization of invention, and the subsequent loss in innovative capacity and productivity. They also consider the potential effects of policies that address these inequalities. Mercedes Delgado and Fiona Murray complement this analysis by characterizing and analyzing the gender gap in patented innovation, including the substantial variation in inclusion of women across locations, industries, and individual firms. The remaining chapters focus on the organization of research and commercialization. Chiara Franzoni, Paula Stephan, and Reinhilde Veugelers consider the operation of current research funding systems with regard to risky research projects. They also describe the consequences of documented biases against novelty in funding decisions in the context of research on mRNA technology. Drawing on historical lessons from World War II as well as current analysis of innovation policy during COVID-19, Daniel Gross and Bhaven Sampat consider the unique challenges that arise when a crisis necessitates unusually rapid innovation and the deployment, at scale, of research findings.
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Environmental and Energy Policy and the Economy
Volume 1
Edited by Matthew J. Kotchen, James H. Stock, and Catherine D. Wolfram
University of Chicago Press Journals, 2020
This volume presents six new papers on environmental/energy economics and policy. Robert Stavins evaluates carbon taxes versus a cap-and-trade mechanism for reducing greenhouse-gas emissions, arguing that specific design features of either instrument can be more consequential than the choice of instrument itself. Lucas Davis and James Sallee show that the exemption of electric vehicles from the gasoline tax is likely to be efficient as long as gasoline prices remain below social marginal costs, even though it results in lower tax revenue. Caroline Flammer analyzes the rapidly growing market for green bonds and highlights the importance of third-party certification to  the financial and environmental performance of publically traded companies. Antonio Bento, Mark Jacobsen, Christopher Knittel, and Arthur van Benthem develop a general framework for evaluating the costs and benefits of fuel economy standards and use it to account for the differences between several recent studies of changes in these standards.  Nicholas Muller estimates a measure of output in the U.S. economy over the last 60 years that accounts for air pollution damages, and shows  that pollution effects are sizable, affect growth rates, and have diminished appreciably over time. Finally, Marc Hafstead and Roberton Williams illustrate methods of accounting for  employment effects  when evaluating the costs and benefits of environmental regulations.   
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Environmental and Energy Policy and the Economy
Volume 2
Edited by Matthew J. Kotchen, James H. Stock, and Catherine D. Wolfram
University of Chicago Press Journals, 2020
This volume presents six new papers on environmental and energy economics and related policy issues. Robert Pindyck provides a systematic overview of what is known, and remains unknown, about climate change, along with the implications of uncertainty for climate policy. Shaikh Eskander, Sam Fankhauser, and Joana Setzer offer insights from a comprehensive data set on climate change legislation and litigation across all countries of the world over the past thirty years. Adele Morris, Noah Kaufman, and Siddhi Doshi shine a light on how expected trends in the coal industry will create significant challenges for the local public finance of coal-reliant communities. Joseph Aldy and his collaborators analyze the treatment of co-benefits in benefit-cost analyses of federal clean air regulations. Tatyana Deryugina and her co-authors report on the geographic and socioeconomic heterogeneity in the benefits of reducing particulate matter air pollution. Finally, Oliver Browne, Ludovica Gazze, and Michael Greenstone use detailed data on residential water consumption to evaluate the relative impacts of conservation policies based on prices, restrictions, and public persuasion.
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Environmental and Energy Policy and the Economy
Volume 3
Edited by Matthew J. Kotchen, Tatyana Deryugina, and James H. Stock
University of Chicago Press Journals, 2022
This volume presents six new papers on environmental and energy economics and policy in the United States. Rebecca Davis, J. Scott Holladay, and Charles Sims analyze recent trends in and forecasts of coal-fired power plant retirements with and without new climate policy. Severin Borenstein and James Bushnell examine the efficiency of pricing for electricity, natural gas, and gasoline. James Archsmith, Erich Muehlegger, and David Rapson provide a prospective analysis of future pathways for electric vehicle adoption. Kenneth Gillingham considers the consequences of such pathways for the design of fuel vehicle economy standards. Frank Wolak investigates the long-term resource adequacy in wholesale electricity markets with significant intermittent renewables. Finally, Barbara Annicchiarico, Stefano Carattini, Carolyn Fischer, and Garth Heutel review the state of research on the interactions between business cycles and environmental policy.
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Environmental and Energy Policy and the Economy
Volume 4
Edited by Matthew J. Kotchen, Tatyana Deryugina, and James H. Stock
University of Chicago Press Journals, 2023
Rigorous, careful, and nonpartisan research with a high policy impact on environmental and energy economics.

Environmental and Energy Policy and the Economy focuses on the effective and efficient management of environmental and energy challenges. Research papers offer new evidence on the intended and unintended consequences, the market and nonmarket effects, and the incentive and distributional impacts of policy initiatives and market developments.

This volume presents six new papers on environmental and energy economics and policy. Gilbert Metcalf examines the distributional impacts of substituting a vehicle miles-traveled tax for the existing federal excise tax in the United States. David Weisbach, Samuel Kortum, Michael Wang, and Yujia Yao consider solutions to the leakage problem of climate policy with differential tax policies on the supply and demand for fossil fuels and on domestic production and consumption. Danae Hernandez-Cortes, Kyle Meng, and Paige Weber quantify and decompose recent trends in air pollution disparities in the US electricity sector. Severin Borenstein and Ryan Kellogg provide a comparative analysis of different incentive-based mechanisms to reduce emissions in the electricity sector on a path to zero emissions. Sarah Anderson, Andrew Plantinga, and Matthew Wibbenmeyer document distributional differences in the allocation of  US wildfire prevention projects. Finally, Mark Curtis and Ioana Marinescu provide new evidence on the quality and quantity of emerging “green” jobs in the United States.
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Environmental and Energy Policy and the Economy
Volume 7
Edited by Matthew J. Kotchen, Tatyana Deryugina, and Catherine D. Wolfram
University of Chicago Press Journals, 2026

Rigorous, careful, and nonpartisan research with a high policy impact on environmental and energy economics.

Environmental and Energy Policy and the Economy focuses on the effective and efficient management of environmental and energy challenges. Research papers offer new evidence on the intended and unintended consequences, the market and nonmarket effects, and the incentive and distributional impacts of policy initiatives and market developments.

This volume presents six new papers on environmental and energy economics and policy. Judson Boomhower and Meredith Fowlie illustrate the distributional consequences of improving risk pricing efficiency in wildfire insurance markets. Claire Brunel and Arik Levinson develop a conceptual framework for understanding the economic and environmental consequences of taxes on imports of goods based on their carbon content. Karen Clay, Danae Hernandez-Cortes, Akshaya Jha, Joshua Lewis, Noah Miller, and Edson Severnini study the long-run distributional implications of US power plant sitings over more than a century. Todd Gerarden, Mar Reguant, and Daniel Xu provide a comprehensive overview of industrial policy in the renewable energy sector, with comparisons across the US, EU, and China. Jamie Hansen-Lewis and Michelle Marcus show how failure to account for behavioral responses can affect policy predictions regarding maritime emissions. Finally, Richard Sweeney and Joseph Wilske estimate the externalities associated with correlated intermittency in electricity generation from US wind power investments. 

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Essays on Liberalism and the Economy, Volume 18
F. A. Hayek
University of Chicago Press, 2022
A deft selection of unpublished and little-known works by F. A. Hayek that will serve to enlighten and enliven debates around the ever-changing face of Western liberalism

Across seventeen volumes to date, the University of Chicago Press’s Collected Works of F. A. Hayek series has anthologized the diverse and prolific writings of the Austrian economist synonymous with classical liberalism. Essays on Liberalism and the Economy traces the author’s long and evolving writings on the cluster of beliefs he championed most: liberalism, its core tenets, and how its tradition represents the best hope for Western civilization. 

This volume contains material from almost the entire span of Hayek’s career, the earliest from 1931 and the last from 1984. The works were written for a variety of purposes and audiences, and they include—along with conventional academic papers—encyclopedia entries, after-dinner addresses, a lecture for graduate students, a book review, newspaper articles, and letters to the editors of national newspapers. While many are available elsewhere, two have never appeared in print, and two others have not been published in English. 

The varied formats collected here are enriched by Hayek’s changing voice at different stages of his life. Some of the pieces resonate as high-minded and noble; some are meant as cuts to “intellectuals” (a pejorative term when used by Hayek) like Keynes and Galbraith. All serve to distill important threads of his worldview.
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Favored Flowers
Culture and Economy in a Global System
Catherine Ziegler
Duke University Press, 2007
Billions of fresh-cut flowers are flown into the United States every year, allowing Americans to choose from a broad array of blooms regardless of the season. Favored Flowers is a lively investigation of the worldwide production and distribution of fresh-cut flowers and their consumption in the New York metropolitan area. In an ethnography filled with roses, orchids, and gerberas, flower auctions, new hybrids, and new logistical systems, Catherine Ziegler unravels the economic and cultural strands of the global flower market. She provides an historical overview of the development of the cut flower industry in New York from the late nineteenth century to 1970, and on to its ultimate transformation from a domestic to a global industry. As she points out, cut flowers serve no utilitarian purpose; rather, they signal consumers’ social and cultural decisions about expressing love, mourning, status, and identity. Ziegler shows how consumer behavior and choices have changed over time and how they are shaped by the media, by the types of available flowers, and by flower retailing.

Ziegler interviewed more than 250 people as she followed flowers along the full length of the commodity chain, from cuttings in Europe and Latin America to vases in and around New York. She examines the daily experiences of flower growers in the Netherlands and Ecuador, two leading exporters of flowers to the United States. Primary focus, though, is on others in the commodity chain: exporters, importers, wholesalers, and retailers. She follows their activities as they respond to changing competition, supply, and consumer behavior in a market characterized by risk, volatility, and imperfect knowledge. By tracing changes in the wholesale and retail systems, she shows the recent development of two complementary commodity chains in New York and the United States generally. One leads to a high-end luxury market served by specialty florists and designers, and the other to a lower-priced mass market served by chain groceries, corner delis, and retail superstores.

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From Fear to Fraternity
A Russian Tale of Crime, Economy and Modernity
Patricia Rawlinson
Pluto Press, 2010

The end of communism marked the re-emergence of a huge rise in organised crime across Russia and Eastern Europe. High-profile efforts to combat it have met with little success.
 
Patricia Rawlinson argues that burgeoning crime rates result not only from the failures of communism but also from the problems of free market economies.
 
Drawing on interviews with members of the Russian criminal underworld, the business community, journalists and the militia, she argues that organised crime provides us with a barometer of economic well-being, not just for Russia but for any market economy.

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From Household to Empire
Society and Economy in Early Colonial New Mexico
Heather B. Trigg
University of Arizona Press, 2005
Published in cooperation with the
William P. Clements Center for Southwest Studies, Southern Methodist University

Settlers at Santa Fe and outlying homesteads during the seventeenth century established a thriving economy that saw the exchange of commodities produced by indigenous peoples, settlers, and Franciscan friars for goods manufactured as far away as China, France, and Turkey. This early Spanish colonial period in New Mexico provides an opportunity to explore both economic activity within a colony and the relations between colony and homeland. By examining the material remains of this era from 1598 to 1680, Heather Trigg reveals a more complete picture of colonial life. Drawing on both archaeological and historical sources, Trigg analyzes the various levels of economic activity that developed: production of items in colonial households, exchanges between households, and trade between the colony and Mexico. Rather than focusing only on the flow of products and services, she also explores the social mechanisms that likely had a significant impact on the economic life of the colony. Because economic activity was important to so many aspects of daily life, she is able to show how and why colonial society worked the way it did. While focusing on the colonists, she also explores their relations with Pueblo peoples. Through her analysis of these two pools of data, Trigg generates insights not usually gleaned from the limited texts of the period, providing information about average colonists in addition to the governors and clergy usually covered in historical accounts. By using specific examples from historical documents and archaeological materials, she shows that colonists from all levels of society modified both formal and informal rules of economic behavior to better fit the reality of the colonial frontier. With its valuable comparative data on colonization, From Household to Empire provides a novel way of examining colonial economies by focusing on the maintenance and modification of social values. For all readers fascinated by the history of the Southwest, this book provides a fuller picture of life in early New Mexico than has previously been seen.
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From Market-Places to a Market Economy
The Transformation of Rural Massachusetts, 1750-1850
Winifred Barr Rothenberg
University of Chicago Press, 1992
In this highly original empirical study, Winifred Barr Rothenberg documents the emergence of a market economy in rural Massachusetts between 1785 and 1800—decades before America's first industrial revolution. Drawing the data from exhaustive research in farm account books, probate documents, and town tax valuations the author makes a significant contribution to the long-standing and vigorous debate about the pace, pattern, and genesis of growth in the early American economy.

Rothenberg forcefully disputes recent historical interpretations of the preindustrial New England village as a so-called moral economy, insulated from the exigencies of the market. She discovers the simultaneous emergence of markets for farm produce, farm labor, and rural capital. Then, linking market integration to labor productivity growth and agricultural improvement, she confirms that market-led growth in Massachusetts agriculture lay at the origins of the American industrial revolution.
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Guilds, Society and Economy in London 1450-1800
Ian Anders Gadd and Patrick Wallis
University of London Press, 2002
This book is made up of a collection of papers from the 'Revisiting the livery companies of early modern London' conference held in April 2000 by the CMH, exploring the history of London livery companies from a variety of perspectives. Employing historical and interdisciplinary approaches, it examines print culture and early histories, civic myths, charity, the family, artisans, mercantile elites, and the control and regulation of guild and economy. Contributions by Ian W. Archer, Matthew Davies, John Forbes, Ian Anders Gadd, Perry Gauci, Ronald F. Homer, Mark Jenner, Derek Keene, Giorgio Riello, James Robertson, Patrick Wallis, Joseph P. Ward.
[more]

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The Iconoclastic Imagination
Image, Catastrophe, and Economy in America from the Kennedy Assassination to September 11
Ned O'Gorman
University of Chicago Press, 2015
Bloody, fiery spectacles—the Challenger disaster, 9/11, JFK’s assassination—have given us moments of catastrophe that make it easy to answer the “where were you when” question and shape our ways of seeing what came before and after. Why are these spectacles so packed with meaning?

In The Iconoclastic Imagination, Ned O’Gorman approaches each of these moments as an image of icon-destruction that give us distinct ways to imagine social existence in American life. He argues that the Cold War gave rise to crises in political, aesthetic, and political-aesthetic representations. Locating all of these crises within a “neoliberal imaginary,” O’Gorman explains that since the Kennedy assassination, the most powerful way to see “America” has been in the destruction of representative American symbols or icons. This, in turn, has profound implications for a neoliberal economy, social philosophy, and public policy. Richly interwoven with philosophical, theological, and rhetorical traditions, the book offers a new foundation for a complex and innovative approach to studying Cold War America, political theory, and visual culture.
[more]

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An Impossible Living in a Transborder World
Culture, Confianza, and Economy of Mexican-Origin Populations
Carlos G. Vélez-Ibáñez
University of Arizona Press, 2010
They are known as cundinas or tandas in Mexico, and for many people these local savings-and-loan operations play an indispensable role in the struggle to succeed in today’s transborder economy. With this extensively researched book, Carlos Vélez-Ibáñez updates and expands upon his major 1983 study of rotating savings and credit associations (ROSCAs), incorporating new data that reflect the explosion of Mexican-origin populations in the United States. Much more than a study of one economic phenomenon though, the book examines the way in which these practices are part of greater transnational economies and how these populations engage in—and suffer through—the twenty-first century global economy.

Central to the ROSCA is the cultural concept of mutual trust, or confianza. This is the cultural glue that holds the reciprocal relationship together. As Vélez-Ibáñez explains, confianza “shapes the expectations for relationships within broad networks of interpersonal links, in which intimacies, favors, goods, services, emotion, power, or information are exchanged.” In a border region where migration, class movement, economic changes, and institutional inaccessibility produce a great deal of uncertainty, Mexican-origin populations rely on confianza and ROSCAs to maintain a sense of security in daily life. How do transborder people adapt these common practices to meet the demands of a global economy? That is precisely what Vélez-Ibáñez investigates.

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Increasing Returns and Path Dependence in the Economy
W. Brian Arthur
University of Michigan Press, 1994
This book brings together Professor Arthur’s pioneering article and provide a comprehensive presentation of his exciting vision of an economics that incorporates increasing returns. After a decade of resistance from economists, these ideas are now being widely discussed and adopted, as Kenneth Arrow recounts in his foreword. In fundamental ways they are changing our views of the working economy.
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Integrating the Rural World
Economy, Society and Politics in Central and South-Eastern Europe, 1848-1939
Sorin Radu
Central European University Press, 2026
This volume focuses on how the national elites in Central and South-Eastern Europe perceived the peasantry during the process of building the modern state and democratic political systems. The central theme of the discussion is the integration of peasants into the political system, with the aim of transforming them from the dependent subjects of various public figures to active citizens. The politicization of the rural world, in terms of increasing peasants’ participation in public affairs and their identification with ideas concerning the “common good,” was integral to the modern transformation of societies in these regions. The studies in this volume examine the relationship between the peasantry and central and local state institutions, such as the administration, schools and the army; associations of all kinds; and social figures, including intellectuals, teachers, local notables and priests, who sought to uplift the rural world as part of the modernization agenda.
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Integrating the Rural World
Economy, Society and Politics in Central and South-Eastern Europe, 1848-1939
Sorin Radu
Central European University Press, 2026
This volume focuses on how the national elites in Central and South-Eastern Europe perceived the peasantry during the process of building the modern state and democratic political systems. The central theme of the discussion is the integration of peasants into the political system, with the aim of transforming them from the dependent subjects of various public figures to active citizens. The politicization of the rural world, in terms of increasing peasants’ participation in public affairs and their identification with ideas concerning the “common good,” was integral to the modern transformation of societies in these regions. The studies in this volume examine the relationship between the peasantry and central and local state institutions, such as the administration, schools and the army; associations of all kinds; and social figures, including intellectuals, teachers, local notables and priests, who sought to uplift the rural world as part of the modernization agenda.
[more]

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Invisible Masters
Gender, Race, and the Economy of Service in Early New England
Elisabeth Ceppi
Dartmouth College Press, 2018
Invisible Masters rewrites the familiar narrative of the relation between Puritan religious culture and New England’s economic culture as a history of the primary discourse that connected them: service. The understanding early Puritans had of themselves as God’s servants and earthly masters was shaped by their immersion in an Atlantic culture of service and the worldly pressures and opportunities generated by New England’s particular place in it. Concepts of spiritual service and mastery determined Puritan views of the men, women, and children who were servants and slaves in that world. So, too, did these concepts shape the experience of family, labor, law, and economy for those men, women, and children—the very bedrock of their lives. This strikingly original look at Puritan culture will appeal to a wide range of Americanists and historians.
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Law and Economy in Planning
By Walter Firey
University of Texas Press, 1965

From the beginnings of human association, social planning has been an accepted method for effecting improvements in community, regional, and national life. In Law and Economy in Planning, Walter Firey has made a start in the development of an intellectual framework that will give meaning to the craft of planning and establish a relationship between practice and first principles.

In this study he investigates basic elements of this framework existing in two normative orders: the state, in which a collectivity has the obligation to enforce obedience; and the market, in which the individual has the right to be rational. These normative orders, whose laws are formulated in the disciplines of jurisprudence and economics, have a common concern with the utilization of scarce means to given ends.

These orders, the state and the market, are formulated by the art of planning and have a common relationship to the natural order, which cannot be planned, but only predicted, and which is explained by the science of planning. To bridge the gap between the natural order and the normative order is the function of a philosophy of planning, for which an intellectual framework—of necessity interdisciplinary—is essential.

This study is the culmination of several years of research in the fields of planning and social theory. During the course of this research Firey came to appreciate more and more keenly the need for an interdisciplinary formulation of the planning process and, with this, the need for a philosophical foundation for interdisciplinary work. A year’s fellowship at the Center for Advanced Study in the Behavioral Sciences at Stanford gave him the opportunity to develop his ideas bearing on this subject and to put them in writing.

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Law and the Economy in a Young Democracy
India 1947 and Beyond
Tirthankar Roy and Anand V. Swamy
University of Chicago Press, 2022
An essential history of India's economic growth since 1947, including the legal reforms that have shaped the country in the shadow of colonial rule.

Economists have long lamented how the inefficiency of India's legal system undermines the country’s economic capacity. How has this come to be? The prevailing explanation is that the postcolonial legal system is understaffed and under-resourced, making adjudication and contract enforcement slow and costly.

Taking this as given, Law and the Economy in a Young Democracy examines the contents and historical antecedents of these laws, including how they have stifled economic development. Economists Roy and Swamy argue that legal evolution in independent India has been shaped by three factors: the desire to reduce inequality and poverty; the suspicion that market activity, both domestic and international, can be detrimental to these goals; and the strengthening of Indian democracy over time, giving voice to a growing fraction of society, including the poor.

Weaving the story of India's heralded economic transformation with its social and political history, Roy and Swamy show how inadequate legal infrastructure has been a key impediment to the country's economic growth during the last century. A stirring and authoritative history of a nation rife with contradictions, Law and the Economy in a Young Democracy is essential reading for anyone seeking to understand India's current crossroads—and the factors that may keep its dreams unrealized.
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Law and the Economy in Colonial India
Tirthankar Roy and Anand V. Swamy
University of Chicago Press, 2021
Since the economic reforms of the 1990s, India’s economy has grown rapidly. To sustain growth and foreign investment over the long run requires a well-developed legal infrastructure for conducting business, including cheap and reliable contract enforcement and secure property rights. But it’s widely acknowledged that India’s legal infrastructure is in urgent need of reform, plagued by problems, including slow enforcement of contracts and land laws that differ from state to state. How has this situation arisen, and what can boost business confidence and encourage long-run economic growth?
           
Tirthankar Roy and Anand V. Swamy trace the beginnings of the current Indian legal system to the years of British colonial rule. They show how India inherited an elaborate legal system from the British colonial administration, which incorporated elements from both British Common Law and indigenous institutions. In the case of property law, especially as it applied to agricultural land, indigenous laws and local political expediency were more influential in law-making than concepts borrowed from European legal theory. Conversely, with commercial law, there was considerable borrowing from Europe. In all cases, the British struggled with limited capacity to enforce their laws and an insufficient knowledge of the enormous diversity and differentiation within Indian society. A disorderly body of laws, not conducive to production and trade, evolved over time. Roy and Swamy’s careful analysis not only sheds new light on the development of legal institutions in India, but also offers insights for India and other emerging countries through a look at what fosters the types of institutions that are key to economic growth.
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Literacy, Economy, and Power
Writing and Research after "Literacy in American Lives"
Edited by John Duffy, Julie Nelson Christoph, Eli Goldblatt, Nelson Graff, Rebecca S. Nowacek, Bryan Trabold
Southern Illinois University Press, 2014

Following on the groundbreaking contributions of Deborah Brandt’s Literacy in American Lives—a literacy ethnography exploring how ordinary Americans have been affected by changes in literacy, public education, and structures of power—Literacy, Economy, and Power expands Brandt’s vision, exploring the relevance of her theoretical framework as it relates to literacy practices in a variety of current and historical contexts, as well as in literacy’s expanding and global future. Bringing together scholars from rhetoric, composition, and literacy studies, the book offers thirteen engrossing essays that extend and challenge Brandt’s commentary on the dynamics between literacy and power.

The essays cover many topics, including the editor of the first Native American newspaper, the role of a native Hawaiian in bringing literacy to his home islands, the influence of convents and academies on nineteenth-century literacy, and the future of globalized digital literacies. Contributors include Julie Nelson Christoph, Ellen Cushman, Kim Donehower, Anne Ruggles Gere, Eli Goldblatt, Harvey J. Graff, Gail E. Hawisher, Bruce Horner, David A. Jolliffe, Rhea Estelle Lathan, Min-Zhan Lu, Robyn Lyons-Robinson, Carol Mattingly, Beverly J. Moss, Paul Prior, Cynthia L. Selfe, Michael W. Smith, and Morris Young. Literacy, Economy, and Power also features an introduction exploring the scholarly impact of Brandt’s work, written by editors John Duffy, Julie Nelson Christoph, Eli Goldblatt, Nelson Graff, Rebecca Nowacek, and Bryan Trabold. An invaluable tool for literacy studies at the graduate or professional level, Literacy, Economy, and Power provides readers with a wide-ranging view of the work being done in literacy studies today and points to ways researchers might approach the study of literacy in the future.

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The Living Line
Modern Art and the Economy of Energy
Robin Veder
Dartmouth College Press, 2015
Robin Veder’s The Living Line is a radical reconceptualization of the development of late-nineteenth- and early-twentieth-century American modernism. The author illuminates connections among the histories of modern art, body cultures, and physiological aesthetics in early-twentieth-century American culture, fundamentally altering our perceptions about art and the physical, and the degree of cross-pollination in the arts. The Living Line shows that American producers and consumers of modernist visual art repeatedly characterized their aesthetic experience in terms of kinesthesia, the sense of bodily movement. They explored abstraction with kinesthetic sensibilities and used abstraction to achieve kinesthetic goals. In fact, the formalist approach to art was galvanized by theories of bodily response derived from experimental physiological psychology and facilitated by contemporary body cultures such as modern dance, rhythmic gymnastics, physical education, and physical therapy. Situating these complementary ideas and exercises in relation to enduring fears of neurasthenia, Veder contends that aesthetic modernism shared industrial modernity’s objective of efficiently managing neuromuscular energy. In a series of finely grained and interconnected case studies, Veder demonstrates that diverse modernists associated with the Armory Show, the Société Anonyme, the Stieglitz circle (especially O’Keeffe), and the Barnes Foundation participated in these discourses and practices and that “kin-aesthetic modernism” greatly influenced the formation of modern art in America and beyond. This daring and completely original work will appeal to a broad audience of art historians, historians of the body, and American culture in general.
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Mekong Delta
Ecology, Economy, and Revolution, 1860-1960
Pierre Brocheux
University of Wisconsin Press, 1995
Mining a wealth of archival sources in France and Vietnam, Pierre Brocheux constructs a fascinating picture of how French capital and technology transformed the Mekong Delta. By draining the swamps and encouraging a particular pattern of Vietnamese settlement, the French cultivated a volatile society, bound together by lines of credit and poised at the brink of social revolution. From the cutting of the first canals in the 1880s to the eruption of the Viet Cong’s insurgency in the 1950s, this book illuminates the subtle interactions between ecology and social change in a tropical delta. The Mekong Delta is valuable for students of the Vietnamese Revolution and for scholars of peasant movements around the globe. It fills a major gap in our knowledge of the social change that swept the great deltas of Southeast Asia.
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The Moneywasting Machine
Five Months Inside Serbia‘s Ministry of Economy
Dušan Pavlovic
Central European University Press, 2022

For five months in 2013–2014, Dušan Pavlović took time off from teaching to accept a senior position in Serbia’s Ministry of Economy. This short period was long enough for him to make a penetrating diagnosis of the economic activity of the postcommunist government. He found that a coterie of tycoons and politicians live off the wealth of the majority of citizens and smaller entrepreneurs, while the economy performs below its capacities. In academic terms, extractive economic institutions create allocative inefficiency.

Vivid, suggestive, and even entertaining accounts depict how privatization is administered and foreign investment projects are handled, and how party members, relatives, and friends are hired into public administration and state-owned companies. They show how the managers of firms that queue for state subsidies resist the systematic screening of their businesses. The principles of Keynesian economics are distorted and misused to conceal deliberate fiscal mismanagement. Huge ill-conceived development projects siphon taxpayers’ money from “non-economic” activities like social services, health, education, science, and culture.

What Pavlović found in Serbia is acutely symptomatic of many other European post-communist regimes of our time, lending his book singular importance.

[more]

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Nachituti's Gift
Economy, Society, and Environment in Central Africa
David M. Gordon
University of Wisconsin Press, 2006

Nachituti’s Gift challenges conventional theories of economic development with a compelling comparative case study of inland fisheries in Zambia and Congo from pre- to postcolonial times. Neoclassical development models conjure a simple, abstract progression from wealth held in people to money or commodities; instead, Gordon argues, primary social networks and oral charters like “Nachituti’s Gift” remained decisive long after the rise of intensive trade and market activities. Interweaving oral traditions, songs, and interviews as well as extensive archival research, Gordon’s lively tale is at once a subtle analysis of economic and social transformations, an insightful exercise in environmental history, and a revealing study of comparative politics.

Honorable Mention, Melville J. Herskovits Award, African Studies Association
 

“A powerful portrayal of the complexity, fluidity, and subtlety of Lake Mweru fishers’ production strategies . . . . Natchituti’s Gift adds nuance and evidence to some of the most important and sophisticated conversations going on in African studies today.”—Kirk Arden Hoppe, International Journal of African Historical Studies

“A lively and intelligent book, which offers a solid contribution to ongoing debates about the interplay of the politics of environment, history and economy.”—Joost Fontein, Africa

“Well researched and referenced . . . . [Natchituti’s Gift] will be of interest to those in a wide variety of disciplines including anthropology, African Studies, history, geography, and environmental studies.”—Heidi G. Frontani, H-SAfrica
[more]

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Nationalism and the Economy
Explorations into a Neglected Relationship
Stefan Berger
Central European University Press, 2019
This book is the first attempt to bridge the current divide between studies addressing "economic nationalism" as a deliberate ideology and movement of economic 'nation-building', and the literature concerned with more diffuse expressions of economic "nationness"—from national economic symbols and memories, to the "banal" world of product communication. The editors seeks to highlight the importance of economic issues for the study of nations and nationalism, and its findings point to the need to give economic phenomena a more prominent place in the field of nationalism studies. The authors of the essays come from disciplines as diverse as economic and cultural history, political science, business studies, as well as sociology and anthropology. Their chapters address the nationalism-economy nexus in a variety of realms, including trade, foreign investment, and national control over resources, as well as consumption, migration, and welfare state policies. Some of the case studies have a historical focus on nation-building in the nineteenth and early twentieth centuries, while others are concerned with contemporary developments. Several contributions provide in-depth analyses of single cases while others employ a comparative method. The geographical focus of the contributions vary widely, although, on balance, the majority of our authors deal with European countries.
[more]

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The New Chinese America
Class, Economy, and Social Hierarchy
Zhao, Xiaojian
Rutgers University Press, 2010
The 1965 Immigration Act altered the lives and outlook of Chinese Americans in fundamental ways. The New Chinese America explores the historical, economic, and social foundations of the Chinese American community, in order to reveal the emergence of a new social hierarchy after 1965.

In this detailed and comprehensive study of contemporary Chinese America, Xiaojian Zhao uses class analysis to illuminate the difficulties of everyday survival for poor and undocumented immigrants and analyzes the process through which social mobility occurs. Through ethnic ties, Chinese Americans have built an economy of their own in which entrepreneurs can maintain a competitive edge given their access to low-cost labor; workers who are shut out of the mainstream job market can find work and make a living; and consumers can enjoy high quality services at a great bargain. While the growth of the ethnic economy enhances ethnic bonds by increasing mutual dependencies among different groups of Chinese Americans, it also determines the limits of possibility for various individuals depending on their socioeconomic and immigration status.

[more]

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No Way to Run an Economy
Why the System Failed and How to Put It Right
Graham Turner
Pluto Press, 2009

In The Credit Crunch, Graham Turner predicted that banks would be nationalised and interest rates would be reduced too slowly to halt the crisis. His predictions were correct. His new book, No Way to Run an Economy, is the essential guide to the turbulent times ahead.

Turner recommended radical measures, such as quantitative easing, in early 2008 but argues that action has been taken too late and been too timid to make a real difference. He dissects the policy mistakes of the last 12 months including Obama's doomed market-led response to the crisis and the obsession of central banks with the red herring of inflation.

There is no doubt the economy is still in serious trouble, but Turner shows that learning from the mistakes made so far can prevent a situation worse than that of the 1930s crisis.

[more]

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Ohio Canal Era
A Case Study of Government and the Economy, 1820–1861
Harry N. Scheiber
Ohio University Press, 2012

Ohio Canal Era, a rich analysis of state policies and their impact in directing economic change, is a classic on the subject of the pre–Civil War transportation revolution. This edition contains a new foreword by scholar Lawrence M. Friedman, Professor of Law, Stanford Law School, and a bibliographic note by the author.

Professor Scheiber explores how Ohio—as a “public enterprise state,” creating state agencies and mobilizing public resources for transport innovation and control—led in the process of economic change before the Civil War. No other historical account of the period provides so full and insightful a portrayal of “law in action.” Scheiber reveals the important roles of American nineteenth-century government in economic policy-making, finance, administration, and entrepreneurial activities in support of economic development.

His study is equally important as an economic history. Scheiber provides a full account of waves of technological innovation and of the transformation of Ohio’s commerce, agriculture, and industrialization in an era of hectic economic change. And he tells the intriguing story of how the earliest railroads of the Old Northwest were built and financed, finally confronting the state-owned canal system with a devastating competitive challenge.

Amid the current debate surrounding “privatization,” “deregulation,” and the appropriate use of “industrial policy” by government to shape and channel the economy. Scheiber’s landmark study gives vital historical context to issues of privatization and deregulation that we confront in new forms today.

[more]

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On Borrowed Time
The Art and Economy of Living with Deadlines
Harald Weinrich
University of Chicago Press, 2008
Life is short. This indisputable fact of existence has driven human ingenuity since antiquity, whether through efforts to lengthen our lives with medicine or shorten the amount of time we spend on work using technology. Alongside this struggle to manage the pressure of life’s ultimate deadline, human perception of the passage and effects of time has also changed. In On Borrowed Time, Harald Weinrich examines an extraordinary range of materials—from Hippocrates to Run Lola Run—to put forth a new conception of time and its limits that, unlike older models, is firmly grounded in human experience.
            Weinrich’s analysis of the roots of the word time connects it to the temples of the skull, demonstrating that humans first experienced time in the beating of their pulses. Tracing this corporeal perception of time across literary, religious, and philosophical works, Weinrich concludes that time functions as a kind of sixth sense—the crucial sense that enables the other five.
            Written with Weinrich’s customary narrative elegance, On Borrowed Time is an absorbing—and, fittingly, succinct—meditation on life’s inexorable brevity.
[more]

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On the Rural
Economy, Sociology, Geography
Henri Lefebvre
University of Minnesota Press, 2022

A collection of previously untranslated writings by Henri Lefebvre on rural sociology, situating his research in relation to wider Marxist work

On the Rural is the first English collection to translate Lefebvre’s crucial but lesser-known writings on rural sociology and political economy, presenting a wide-ranging approach to understanding the historical and rural sociology of precapitalist social forms, their endurance today, and conditions of dispossession and uneven development.  

In On the Rural, Stuart Elden and Adam David Morton present Lefebvre’s key works on rural questions, including the first half of his book Du rural à l’urbain and supplementary texts, two of which are largely unknown conference presentations published outside France. On the Rural offers methodological orientations for addressing questions of economy, sociology, and geography by deploying insights from spatial political economy to decipher the rural as a terrain and stake of capitalist transformation. By doing so, it reveals the production of the rural as a key site of capitalist development and as a space of struggle. 

This volume delivers a careful translation—supplemented with extensive notes and a substantive introduction—to cement Lefebvre’s central contribution to the political economy of rural sociology and geography. 

[more]

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Pandemic Exposures
Economy and Society in the Time of Coronavirus
Edited by Didier Fassin and Marion Fourcade
HAU, 2021
For people and governments around the world, the onset of the COVID-19 pandemic seemed to place the preservation of human life at odds with the pursuit of economic and social life. Yet this simple alternative belies the complexity of the entanglements the crisis has created and revealed, not just between health and wealth but also around morality, knowledge, governance, culture, and everyday subsistence.
 
Didier Fassin and Marion Fourcade have assembled an eminent team of scholars from across the social sciences, conducting research on six continents, to reflect on the multiple ways the coronavirus has entered, reshaped, or exacerbated existing trends and structures in every part of the globe. The contributors show how the disruptions caused by the pandemic have both hastened the rise of new social divisions and hardened old inequalities and dilemmas. An indispensable volume, Pandemic Exposures provides an illuminating analysis of this watershed moment and its possible aftermath.
[more]

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Political Business Cycles
The Political Economy of Money, Inflation, and Unemployment
Thomas D. Willett, ed.
Duke University Press, 1988
The "political business cycle", according to economist William Nordhaus, creates a situation in which political and bureaucratic incentives create artificial economic booms just before elections, with consequent and deleterious side effects after the ballots are counted. This work examines the issue of whether federal governmental structure inevitably leaves the U.S. economy exposed to unhealthy political influences.
[more]

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Political Power in Pre-Colonial Buganda
Economy, Society, and Warfare in the Nineteenth Century
Richard Reid
Ohio University Press, 2002

Blessed with fertile and well-watered soil, East Africa’s kingdom of Buganda supported a relatively dense population and became a major regional power by the mid-nineteenth century. This complex and fascinating state has also long been in need of a thorough study that cuts through the image of autocracy and military might.

Political Power in Pre-Colonial Buganda explores the material basis of Ganda political power, gives us a new understanding of what Ganda power meant in real terms, and relates the story of how the kingdom used the resources at its disposal to meet the challenges that confronted it. Reid further explains how these same challenges ultimately limited Buganda’s dominance of the East African great lakes region.

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Politics, Economy, and Society in Bourbon Central America, 1759-1821
Jordana Dym
University Press of Colorado, 2007
Politics, Economy, and Society in Bourbon Central America, 1759-1821 examines how the Spanish policies known broadly as the Bourbon Reforms affected Central American social, economic, and political institutions. Although historians have devoted significant attention to the purpose and impact of these reforms in Spain and some of Spain's other New World colonies, this book is the first to explore their impact on Central America.

These reforms profoundly changed aspects of Central America's politics and society; however, these essays reveal that changes in the region were shaped both internally and externally and that they weakened the region's ties to metropolitan Spain as often as they reinforced them. Contributors focus on specific policy changes and their consequences as well as transformations throughout the region for which no direct Bourbon inspiration appears to be responsible. Together they demonstrate that whether or not the Crown achieved its primary goals of centralization and control, its policies nevertheless provided opportunities for evident, often subtle, and occasionally unintentional shifts in the colonial government's relationship to its constituent populations. Contributors include Christophe Belaubre, Michel Bertrand, Jordana Dym, Jorge H. González, Timothy Hawkins, Sajid Alfredo Herrera, Gustavo Palma, Eugenia Rodriguez, Doug Tompson, and Stephen Webre.
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The Politics of India under Modi
An Introduction to India’s Democracy, Economy, and Foreign Policy
Vikash Yadav and Jason A. Kirk
Lever Press, 2023

Since the right-wing, Hindu-nationalist government of Narendra Modi’s Bharatiya Janata Party (BJP) came to power at the national level in 2014, and with its consolidation of power in the 2019 general election, India has witnessed a significant realignment of its national politics and a shift toward the right of the political spectrum. The Politics of India under Modi provides a detailed overview of India’s political trends, economic prospects, and international relations in the twenty-first century.

This book is designed as a supplement and update for existing syllabi that trace India’s political economy from the birth of the republic to the quest for economic liberalization and great power status. Undergraduates and scholars interested in India’s foreign policy and political reform will find value in this timely book.

“The subject of this book is extremely compelling and important, as well as timely. BJP rule and the Modi regime, it is now clear, represent some critical turning points in Indian politics, which have yet to be analyzed in depth academically by experts. I see this book as a key first step in this process.”
-Rina Verma Williams, School of Public and International Affairs at the University of Cincinnati

[more]

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The Politics of Value
Three Movements to Change How We Think about the Economy
Jane L. Collins
University of Chicago Press, 2017
The Great Recession not only shook Americans’ economic faith but also prompted powerful critiques of economic institutions. This timely book explores three movements that gathered force after 2008: the rise of the benefit corporation, which requires social responsibility and eschews share price as the best metric for success; the emergence of a new group, Slow Money, that fosters peer-to-peer investing; and the 2011 Wisconsin protests against a bill restricting the union rights of state workers.

Each case shows how the concrete actions of a group of citizens can prompt us to reflect on what is needed for a just and sustainable economic system. In one case, activists raised questions about the responsibilities of business, in the second about the significance of local economies, and in the third about the contributions of the public sector. Through these movements, Jane L. Collins maps a set of cultural conversations about the types of investments and activities that contribute to the health of the economy. Compelling and persuasive, The Politics of Value offers a new framework for viewing economic value, one grounded in thoughtful assessment of the social division of labor and the relationship of the state and the market to civil society.
[more]

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The Power at the End of the Economy
Brian Massumi
Duke University Press, 2015
Rational self-interest is often seen as being at the heart of liberal economic theory. In The Power at the End of the Economy Brian Massumi provides an alternative explanation, arguing that neoliberalism is grounded in complex interactions between the rational and the emotional. Offering a new theory of political economy that refuses the liberal prioritization of individual choice, Massumi emphasizes the means through which an individual’s affective tendencies resonate with those of others on infra-individual and transindividual levels. This nonconscious dimension of social and political events plays out in ways that defy the traditional equation between affect and the irrational. Massumi uses the Arab Spring and the Occupy Movement as examples to show how transformative action that exceeds self-interest takes place. Drawing from David Hume, Michel Foucault, Gilles Deleuze, Niklas Luhmann and the field of nonconsciousness studies, Massumi urges a rethinking of the relationship between rational choice and affect, arguing for a reassessment of the role of sympathy in political and economic affairs.
[more]

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Privatizing the Economy
Telecommunications Policy in Comparative Perspective
Raymond M. Duch
University of Michigan Press, 1991
During the 1980s government economic policies in the United States and many Western countries promoted the privatization of state-owned activities and the liberalization of competition. This has been the Reagan-Thatcher legacy to contemporary political economy. Privatizing the Economy takes a careful second look at the economic arguments that link government ownership with poor economic performance. Through a rigorous comparative analysis of telecommunications policies in France, Germany, and the United Kingdom, Raymond Duch shows that it is political control rather than economic ownership that accounts for variations in economic performance. He also provides a political explanation of why privatization has progressed further in some countries than others. Privatizing the Economy strikes a unique balance between economic and political theory, empirical and theoretical analysis, and cross-national and case-study research design. Having identified the weaknesses of economic arguments regarding public versus private ownership, the author proposes an alternative political explanation for the variations in the performance of public and private firms. The author seeks to explain why some governments have adopted liberal economic policies while others have not. The discussion draws upon an extensive political economy literature, pointing out weaknesses of existing theories and suggesting a novel way of looking at policy change. Evidence supporting the author's theoretical propositions comes from two distinct comparative research traditions: cross-national and case-study analyses. This novel way of looking at policy change and the author's broad use of political economy literature offers readers an understanding of what benefits liberal economic policies might deliver and of the likelihood that such policy initiatives might succeed.
[more]

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Reflections in Bullough’s Pond
Economy and Ecosystem in New England
Diana Muir
University Press of New England, 2002
From the vantage point of a nearby pond in Newton, Massachusetts, Diana Muir reconstructs an intriguing interpretation of New England's natural history and the people who have lived there since pre-Columbian times. Taking a radically new way to illustrate for general readers the vast interrelationships between natural ecology and human economics, Muir weaves together an imaginative and dramatic account of the changes, massive and subtle, that successive generations of humankind and such animals as sheep and beavers have worked on the land. Her compelling narrative takes us to a New England populated by individuals struggling to make a living from a land not generously endowed by nature. Yankee history, she argues, was a string of ecological crises from which the only escape lay in creating radical new solutions to apparently insurmountable problems. Young men and women coming of age in the 1790s faced a bleak future. In a time when farming was virtually the only occupation, a burgeoning population meant that there was not enough land to go around. Worse, such land as there was had been worn out by generations of careless use. With no prospects and no options, young men like Eli Whitney and Thomas Blanchard might have resigned themselves to a life of poverty. Instead, they started an industrial revolution, the power of which astonished the world. Reflections in Bullough's Pond is history on a grand scale. Drawing on scholarship in fields ranging from archaeology to zoology, Muir offers an exhilarating tour of Paleolithic megafauna, the population crisis faced by New England natives in the pre-Columbian period, the introduction of indoor plumbing, and the invention of the shoe-peg. At the end, we understand ourselves and our world a little better.
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Ritual and Economy in a Pre-Columbian Chiefdom
The El Cajón Region of Honduras
Kenneth Hirth
University Press of Colorado, 2023
This volume examines the organization and ritual economy of a pre-Columbian chiefdom that developed in central Honduras over a 1,400-year period from 400 BC to AD 1000. Extremely applicable and broadly important to the archaeological studies of Mesoamerica, Ritual and Economy in a Pre-Columbian Chiefdom models the ritual organization of pre-Columbian societies across Honduras to expand the understanding of chiefdom societies in Central America and explore how these non-Maya societies developed and evolved.
 
As part of the ritual economy, a large quantity of jade and marble artifacts were deposited as offerings in the ritual architecture of the El Cajón region’s central community of Salitrón Viejo. Over 2,800 of these high-value items were recovered from their original ritual contexts, making Salitrón Viejo one of the largest in situ collections of these materials ever recovered in the New World. These materials are well dated and tremendously varied and provide a cross-section of all jade-carving lapidary traditions in use across eastern Mesoamerica between AD 250 and 350.
 
With a complementary website providing extensive additional description, visualization, and analysis (https://journals.psu.edu/opa/issue/view/3127), Ritual and Economy in a Pre-Columbian Chiefdom is a new and original contribution that employs an “economy of ritual approach” to the study of chiefdom societies in the Americas. It is a foundational reference point for any scholar working in Mesoamerica and Central America, especially those engaged in Maya research, as well as archaeologists working with societies at this scale of complexity in Latin America and around the world.
 
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Singular Europe
Economy and Polity of the European Community after 1992
William James Adams, Editor
University of Michigan Press, 1994
Singular Europe: Economy and Polity of the European Community after 1992 offers a thorough, multidisciplinary analysis of the sweeping changes and enduring challenges that faced the European Community in the wake of its ambitious 1992 integration project. Sponsored by the Chicago Council on Foreign Relations and drawing on the insights of leading economists, political scientists, and policymakers, this volume examines the economic, legal, and political forces that would shape Europe’s future at the end of the twentieth century.Taking its cue from the landmark “Project 1992”—the drive to create a single market for goods, services, capital, and people—the book begins by exploring the transformative view of a Europe no longer defined by its declining “Old Continent” image, but as a dynamic, populous, and increasingly prosperous global actor. Through three thematic parts, contributors address critical questions about the meaning and limits of integration: What steps remain for true political and economic union? How has European integration redefined competition, corporate strategy, social policy, and regulation? What are the external implications, and will the so-called “Fortress Europe” change global economic relations?With essays covering legitimacy and democracy after Maastricht, German reunification, the challenges of monetary union, competition policy, the social welfare state, telecommunications, banking, and international trade, Singular Europe blends scholarly rigor and policy relevance. The volume is a vital resource for anyone seeking to understand the ambitions and anxieties of a pivotal moment in Europe’s integration—and the ongoing debate over the balance between unity and diversity within the continent.
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The Sociology of the Economy
Frank Dobbin
Russell Sage Foundation, 2004
The new economic sociology is based on the theory that patterns of economic behavior are shaped by social factors. The Sociology of the Economy brings together a dozen path-breaking empirical studies that explore how social forces—such as shifts in political power, the influence of social networks, or the spread of new economic ideas—shape real-world economic behavior. The contributors—all leading economic sociologists—show these social forces at work in a diverse range of international settings and historical circumstances. Examining why so many American banks followed industry leaders into foreign markets in the 1970s, only to pull back within a few years, Mark Mizruchi and Gerald Davis suggest that social emulation rather than rational calculation led banks to expand globally before there was any evidence that foreign offices paid off. William Schneper and Mauro Guillé show that despite the international diffusion of the hostile takeover during the last twenty years, the practice became widespread only in countries with political institutions conducive to buying and selling entire companies. Thus during the 1990s, the United States and United Kingdom. saw hundreds of hostile takeover bids, while Germany had only a handful, and Japan just one. Deborah Davis explores resistance to the globalization of Western ideas about real-estate ownership—particularly in China where the government has had little success in instituting a market system in place of traditional, family-based real-estate inheritance. And Richard Scott examines the controversial rise of managed care in the American healthcare system, as the quest for market efficiency collided with the ideal of equity in access to health care. Together, these studies provide compelling evidence that economic behavior is not ruled by immutable laws, and is but one realm of social behavior, with its own conventions, roles, and social structures. The Sociology of the Economy demonstrates the vitality of empirical research in the field of economic sociology and the power of sociological models in explaining how markets operate.
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The Sonoran Desert
Its Geography, Economy, and People
Roger Dunbier
University of Arizona Press, 1968
Although possessing a common physical heritage, the Sonoran Desert has taken on highly contrasting forms in its American and Mexican portions. This work does not, therefore, attempt a regional study in the usual sense of the term, but is rather an examination of disparate economic development, much influenced by contrasting technological achievements as well as the accidents of history.

Although the significance of geographic regionalism is implicit throughout this study, no attempt is made to show any overriding unity at work, geographical or otherwise, welding together a "desert region." Instead the desert acts as a stage for social drama in which drought and extreme heat provide the essential backcloth. The scarcity of water and man's inability to grow crops without irrigation have not, indeed, changed with time, and only constant reference to this immutable factor can give meaning to the evolution of human activities within the desert.
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Start-Up Poland
The People Who Transformed an Economy
Jan Cienski
University of Chicago Press, 2018
Poland in the 1980s was filled with shuttered restaurants and shops that bore such imaginative names as “bread,” “shoes,” and “milk products,” from which lines could stretch for days on the mere rumor there was something worth buying. But you’d be hard-pressed to recognize the same squares—buzzing with bars and cafés—today. In the years since the collapse of communism, Poland’s GDP has almost tripled, making it the eighth-largest economy in the European Union, with a wealth of well-educated and highly skilled workers and a buoyant private sector that competes in international markets. Many consider it one of the only European countries to have truly weathered the financial crisis.
           
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.
 
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Take Back the Economy
An Ethical Guide for Transforming Our Communities
J.K. Gibson-Graham
University of Minnesota Press, 2013


In the wake of economic crisis on a global scale, more and more people are reconsidering their role in the economy and wondering what they can do to make it work better for humanity and the planet. In this innovative book, J. K. Gibson-Graham, Jenny Cameron, and Stephen Healy contribute complex understandings of economics in practical terms: what can we do right now, in our own communities, to make a difference?


Full of exercises, thinking tools, and inspiring examples from around the world, Take Back the Economy shows how people can implement small-scale changes in their own lives to create ethical economies. There is no manifesto here, no one prescribed model; rather, readers are encouraged and taught how to take back the economy in ways appropriate for their own communities and context, using what they already have at hand.


Take Back the Economy dismantles the idea that the economy is separate from us and best comprehended by experts. Instead, the authors demonstrate that the economy is the outcome of the decisions and efforts we make every day. The economy is thus reframed as a space of ethical action—something we can shape and alter according to what is best for the well-being of people and the planet. The book explores what people are already doing to build ethical economies, presenting these deeds as mutual concerns: What is necessary for survival, and what do we do with the surplus produced beyond what will fulfill basic needs? What do we consume, and how do we preserve and replenish the commons—those resources that can be shared to maintain all? And finally, how can we invest in a future worth living in?


Suitable for activists and students alike, Take Back the Economy will be of interest to anyone seeking a more just, sustainable, and equitable world.


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Tax Policy and the Economy, Volume 22
Edited by James M. Poterba
University of Chicago Press Journals, 2008
Tax Policy and the Economy publishes current academic research findings on taxation and government spending that have both immediate bearing on policy debates and longer-term interest. Volume 22 includes issues related to savings through tax-deferred retirement programs, consumer choice on high-deductible health plans, financial aid applications and the tax filing process, and recent developments in corporate income tax reform in the European Union and possible implications for the United States.
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front cover of Tax Policy and the Economy, Volume 23
Tax Policy and the Economy, Volume 23
Edited by James M. Poterba
University of Chicago Press Journals, 2009

Tax Policy and the Economy publishes current academic research findings on taxation and government spending that have both immediate bearing on policy debates and longer-term interest. The articles in Volume 23 address a range of topics, including Social Security, understanding corporate tax losses, the influence of globalization on the design of a tax system, and the question of whether federal provision of goods and services crowds out their provision by lower levels of government or the private sector.

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front cover of Tax Policy and the Economy, Volume 24
Tax Policy and the Economy, Volume 24
Edited by Jefferey R. Brown
University of Chicago Press Journals, 2010

Tax Policy and the Economy publishes current academic research findings on taxation and government spending that have both immediate bearing on policy debates and longer-term interest. The papers in this volume range from topics as broad as the relative efficacy of tax cuts versus spending increases as a form of economic stimulus to a targeted analysis of the Low Income Housing Tax Credit. Also included are two papers at that examine different aspects of policies designed to provide fiscal stimulus, as well as an examination of the effects of recent reforms in the Earned Income Tax Credit.

[more]

front cover of Tax Policy and the Economy, Volume 25
Tax Policy and the Economy, Volume 25
Edited by Jeffrey R. Brown
University of Chicago Press Journals, 2011
In light of the very public debate on the federal budget this year between Democrats and Republicans, the economic ramifications of tax policy are now more than ever a focus of national attention. Tax Policy and the Economy, Volume 25 is thus an invaluable tool, publishing current academic research findings on taxation and government spending, which informs important policy debates with rigorous economic analysis. The papers in Volume 25 include a review of current fuel economy taxation; research on implicit taxes on work from Social Security and Medicare; an analysis on how future increases in aggregate health care expenditures will impact future tax rates required to support Medicare and Medicaid; and two papers that analyze the implications of large and sustained budget deficits on the economy.
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front cover of Tax Policy and the Economy, Volume 26
Tax Policy and the Economy, Volume 26
Edited by Jeffrey R. Brown
University of Chicago Press Journals, 2012
There is no question that the US is facing significant fiscal challenges. Tax Policy and the Economy research papers make valuable contributions to our understanding of the economic effects of alternative approaches. The papers collected in Volume 26 include a study of an important determinant of the labor supply effects of Social Security; an examination of the budgetary and economic impact of changing how employer health insurance is treated in the tax code; an analysis of how US investment in Europe might be impacted by proposed corporate tax reform in the European Union; a look at the term “tax expenditures,” often used to describe governmental policies that show as reduction in taxes rather than as an increase in spending. The final paper in the volume shows how uncertainty about the restoration of US fiscal balance imposes additional efficiency costs on the economy in consumption, saving, labor supply and portfolio decisions, and how it reduces individual welfare.
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front cover of Tax Policy and the Economy, Volume 27
Tax Policy and the Economy, Volume 27
Edited by Jeffrey R. Brown
University of Chicago Press Journals, 2013
Taxation policy was a central part of the policy debates over the “fiscal cliff.” Given the importance of fiscal issues, it is vital for rigorous empirical research to inform the policy dialogue.  In keeping with the NBER’s tradition of carrying out rigorous but policy-relevant research, Volume 27 of Tax Policy and the Economy offers insights on a number of key tax policy questions.  This year's volume features six papers by leading scholars who examine the tax treatment of tuition at private K-12 schools, the potential streamlining of the federal rules for post-secondary financial aid and the use of tax return information in this process, the effect of tax and benefit programs on incentives to work, the macroeconomic effects of fiscal adjustments, and the set of factors that contributed to the weakening US fiscal outlook in the last decade.
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front cover of Tax Policy and the Economy, Volume 28
Tax Policy and the Economy, Volume 28
Edited by Jeffrey R. Brown
University of Chicago Press Journals, 2014
The papers in Volume 28 of Tax Policy and the Economy illustrate the depth and breadth of the research by NBER research associates who study taxation and government spending programs.  The first paper explores whether closely held firms are used as tax shelters. The second examines the taxation of multinational corporations. The third discusses the taxation of housing, focusing on the ways in which current income tax rules may affect location and consumption decisions and lead to economic inefficiencies. The fourth paper offers an historical perspective on the political economy of gasoline taxes, with a particular focus on the response to the oil shocks of the early 1970s. The fifth and final paper uses the tools of financial economics to estimate the unfunded liabilities of the Pension Benefit Guaranty Corporation.
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front cover of Tax Policy and the Economy, Volume 29
Tax Policy and the Economy, Volume 29
Edited by Jeffrey R. Brown
University of Chicago Press Journals, 2016
The papers in Volume 29 of Tax Policy and the Economy illustrate the depth and breadth of the taxation-related research by NBER research associates, both in terms of methodological approach and in terms of topics.  In the first paper, former NBER President Martin Feldstein estimates how much revenue the federal government could raise by limiting tax expenditures in various ways, such as capping deductions and exclusions. The second paper, by George Bulman and Caroline Hoxby, makes use of a substantial expansion in the availability of education tax credits in 2009 to study whether tax credits have a significant causal effect on college attendance and related outcomes. In the third paper, Casey Mulligan discusses how the Affordable Care Act (ACA) introduces or expands taxes on income and on full-time employment. In the fourth paper, Bradley Heim, Ithai Lurie, and Kosali Simon focus on the “young adult” provision of the ACA that allows young adults to be covered by their parents’ insurance policies. They find no meaningful effects of this provision on labor market outcomes.  The fifth paper, by Louis Kaplow, identifies some of the key conceptual challenges to analyzing social insurance policies, such as Social Security, in a context where shortsighted individuals fail to save adequately for their retirement. 
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front cover of Tax Policy and the Economy, Volume 30
Tax Policy and the Economy, Volume 30
Edited by Jeffrey R. Brown
University of Chicago Press Journals, 2016
The research papers in Volume 30 of Tax Policy and the Economy make significant contributions to the academic literature in public finance and provide important conceptual and empirical input to policy design. In the first paper, Gerald Carlino and Robert Inman consider whether state-level fiscal policies create spillovers for neighboring states and how federal stimulus can internalize these externalities. The second paper, by Nathan Hendren, presents a new framework for evaluating the welfare consequences of tax policy changes and explains how the key parameters needed to implement this framework can be estimated. The third paper, a collaborative effort by several academic and US Treasury economists, documents the dramatic increase in pass-through businesses, including partnerships and S-corporations, over the last thirty years.  It notes that these entities now generate more than half of all US business income. The fourth paper examines property tax compliance using a pseudo-randomized experiment in Philadelphia, in which those who owed taxes received supplemental letters regarding their tax delinquency. The research explores what types of communication lead to higher rates of tax payment. In the fifth paper, Jeffrey Clemens discusses cross-program budgetary spillovers of minimum wage regulations. Severin Borenstein and Lucas Davis, the authors of the sixth paper, study the distributional effects of income tax credits for clean energy.
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front cover of Tax Policy and the Economy, Volume 31
Tax Policy and the Economy, Volume 31
Edited by Robert A. Moffitt
University of Chicago Press Journals, 2017
The papers in Tax Policy and the Economy Volume 31 are all directly related to important and often long-standing issues, often including how transfer programs affect tax rates and behavior. In the first paper, Alan Auerbach, Laurence Kotlikoff, Darryl Koehler, and Manni Yu take a lifetime perspective on the marginal tax rates facing older individuals and families arising from a comprehensive set of sources. In the second, Gizem Kosar and Robert A. Moffitt provide new estimates of the cumulative marginal tax rates facing low-income families over the period 1997-2007. In the third paper, Emmanuel Saez presents evidence on the elasticity of taxable income with respect to tax rates, drawing on data from the 2013 federal income tax reform.  In the fourth, Conor Clarke and Wojciech Kopczuk survey the treatment of business income taxation in the United States since the 1950s, providing new data on how business income and its taxation have evolved over time.  In the fifth paper, Louis Kaplow argues that the reduction in statutory tax rates from base-broadening may not reduce effective marginal tax rates on households. 
 
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front cover of Tax Policy and the Economy
Tax Policy and the Economy
Volume 32
Edited by Robert A. Moffitt
University of Chicago Press Journals, 2018
The six research studies in Volume 32 of Tax Policy and the Economy analyze the U.S. tax and transfer system, in particular its effects on revenues, expenditures, and economic behavior. First, James Andreoni examines donor advised funds, which are financial vehicles offered by investment houses to provide savings accounts for tax-free charitable giving, and weighs their effects on donations against their tax cost. Second, Caroline Hoxby analyzes the use of tax credits by students enrolled in online post-secondary education. Third, Alex Rees-Jones and Dmitry Taubinsky explore taxpayers’ psychological biases that lead to incorrect perceptions and understanding of tax incentives. Fourth, Jeffrey Clemens and Benedic Ippolito investigate the implications of block grant reforms of Medicaid for receipt of federal support by different states. Fifth, Andrew Samwick examines means-testing of Medicare and federal health benefits under the Affordable Care Act. Sixth, Bruce Meyer and Wallace Mok study the incidence and effects of disability among U.S. women from 1968 to 2015, examining the impacts of disability on income, consumption, and public transfers.
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front cover of Tax Policy and the Economy, Volume 33
Tax Policy and the Economy, Volume 33
Edited by Robert A. Moffitt
University of Chicago Press Journals, 2019
This volume presents five new studies on taxation and government transfer programs.  Alexander Blocker, Laurence Kotlikoff, Stephen Ross, and Sergio Villar Vallenas show how asset pricing can be used to value implicit fiscal debts, which are currently rarely measured or adjusted for risk, while accounting for risk properties.  They apply their methodology to study Social Security.  Michelle Hanson, Jeffrey Hoopes, and Joel Slemrod examine the effects of the Tax Cuts and Jobs Act on corporation behavior and on firms’ statements about their behavior.  They focus on for four outcomes: bonuses, investment, share repurchases, and dividends. Scott Baker, Lorenz Kueng, Leslie McGranahan, and Brian Melzer explore whether “unconventional” fiscal policy in the form of pre-announced consumption tax changes can shift durables purchases intertemporally, how it such shifts are affected by consumer credit.  Alan Auerbach discusses “tax equivalences,” disparate sets of policies that have the same economic effects, and also illustrates when these equivalences break down.  Jeffrey Liebman and Daniel Ramsey use data from NBER’s TAXSIM model to investigate the equity implications of a switch from joint to independent taxation that could occur in conjunction with adoption of return-free tax filing.
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front cover of Tax Policy and the Economy, Volume 34
Tax Policy and the Economy, Volume 34
Edited by Robert A. Moffitt
University of Chicago Press Journals, 2020
This volume presents five new studies on current topics in taxation and government spending.  Mark Shepard, Katherine Baicker, and Jonathan Skinner explore implementation aspects of a Medicare-for-All program, which provides a uniform health insurance benefit to everyone, and contrast it with a program providing a basic benefit that can be supplemented voluntarily. John Beshears, James Choi, Mark Iwry, David John, David Laibson, and Brigitte Madrian examine the design and feasibility of firm-sponsored “rainy day funds,” short-term savings accounts for employees that can be used when faced with temporary periods of high expenditure. Robert Barro and Brian Wheaton investigate the impact of taxation on choice of corporate form, on the formation and legal structure of new businesses, and indirectly on productivity in the economy. Jonathan Meer and Benjamin Priday examine the impact of the 2017 federal income tax reform, which reduced marginal tax rates and the incentive for charitable giving, on such giving. Finally, Casey Mulligan analyzes the impact of the Affordable Care Act on whether firms employ fewer than 50 employees, the employment threshold below which they are exempt from the requirement to provide health insurance to their employees.
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front cover of Tax Policy and the Economy, Volume 35
Tax Policy and the Economy, Volume 35
Edited by Robert A. Moffitt
University of Chicago Press Journals, 2021
This volume presents six new studies on current topics in taxation and government spending. The first study looks at the costs of income tax filing, which have risen over time because of the numerous tax forms families have to fill out when filing their taxes and because of increased costs of itemizing deductions, and explores ways to simplify filing and reduce those costs. The second study investigates the design of income tax schedules when there is uncertainty about the way taxation affects household behavior. The third study provides new and comprehensive estimates of the impact of the US Earned Income Tax Credit on the employment of low-income men and women, finding that the large majority of the various expansions of that credit over the last forty years have increased employment of single mothers. The fourth study reviews the structure of business taxation in China and describes a number of tax distortions and potential inefficiencies in the system. The next paper considers how the Affordable Care Act has affected the health insurance and labor market choices of individuals who are between the ages of 60 and 64, and it finds increases in insurance coverage and reductions in employment for some groups. The last study considers how reimbursement rates for health care providers under various government insurance programs affect providers’ willingness to take on new patients and expand their patient capacity.
 
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front cover of Tax Policy and the Economy, Volume 36
Tax Policy and the Economy, Volume 36
Edited by Robert A. Moffitt
University of Chicago Press Journals, 2022
This volume presents five new studies on current topics in taxation and government spending.  
Natasha Sarin, Lawrence Summers, Owen Zidar, and Eric Zwick study how investors respond to taxes on capital gains, whether their incentives to invest are affected by those taxes, and whether that responsiveness has changed over time. Ethan Rouen, Suresh Nallareddy, and Juan Carlos Suárez Serrato revisit the question of whether cuts to corporate taxes increase income inequality, bringing new data and new statistical techniques to generate fresh findings. Alan Auerbach and William Gale investigate whether the advantages and disadvantages of different types of taxation are affected when interest rates stay low for long periods, as has been the case in the U.S. for many years. Nora Gordon and Sarah Reber study the distributional impact of emergency subsidies to schools made by the federal government during the recent COVID pandemic and whether those subsidies were sufficient to cover the increased school costs induced by the pandemic. Jacob Goldin, Elaine Maag, and Katherine Michelmore investigate the fiscal cost of an expansion of the U.S. child tax credit, which has been discussed extensively in policy circles recently. They take into account not only the direct expenditure on the allowance but how cost is affected by the existence of work incentives and by possible beneficial effects on childrens’ adult earnings.
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front cover of Tax Policy and the Economy, Volume 37
Tax Policy and the Economy, Volume 37
Edited by Robert A. Moffitt
University of Chicago Press Journals, 2023
Timely and authoritative research on the latest issues in tax policy.

Tax Policy and the Economy publishes current academic research on taxation and government spending with both immediate bearing on policy debates and longer-term interest.

This volume of Tax Policy and the Economy presents new research on important issues concerning US taxation and transfers. First, Edward L. Glaeser, Caitlin S. Gorback, and James M. Poterba examine the distribution of burdens associated with taxes on transportation. Replacing the gasoline tax with a vehicle-miles-traveled (VMT) tax would increase the burden on higher-income households, who drive more fuel-efficient cars and are more likely to own electric vehicles. User charges for airports, subways, and commuter rail are progressive, while the burden of bus fees is larger for lower-income households than for their higher-income counterparts. Next, Katarzyna Bilicka, Michael Devereux, and Irem Güçeri investigate tax shifting by multinational companies (MNCs) and the implications of a potential Global Minimum Tax (GMT). They find that MNCs shift intellectual property to tax havens, and that a large share of patenting activity takes place in tax havens where little or no R&D occurs. Tax havens are particularly important for MNCs with large subsidiary networks; such firms would likely be subject to a GMT. Mark Duggan, Audrey Guo, and Andrew C. Johnston study the role of experience rating in the Unemployment Insurance (UI) system and find that the current structure stabilizes the labor market because it penalizes firms with high rates of UI-eligible layoffs. In the fourth paper, David Altig, Laurence J. Kotlikoff, and Victor Yifan Ye calculate how retiring at different ages will affect Social Security benefit amounts, taking into account taxation and other benefits. They find that virtually all individuals aged 45 to 62 should wait until age 65 or later to maximize their Social Security benefits. Indeed, 90 percent would benefit from waiting until age 70, but only 10 percent do so. Finally, Jonathan Meer and Joshua Witter examine the potential impact of the Earned Income Tax Credit on the labor force decisions of childless adults who are eligible for a small credit after they reach age 25. Comparing labor force attachment changes just before and after this age suggests that the EITC has little impact on the labor force participation of this group.
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front cover of Tax Policy and the Economy, Volume 38
Tax Policy and the Economy, Volume 38
Edited by Robert A. Moffitt
University of Chicago Press Journals, 2024
Timely and authoritative research on the latest issues in tax policy.

Tax Policy and the Economy publishes current academic research on taxation and government spending with both immediate bearing on policy debates and longer-term interest.

This volume presents new research on taxation and public expenditure programs, with particular focus on how they affect economic behavior. John Guyton, Kara Leibel, Dayanand Manoli, Ankur Patel, Mark Payne, and Brenda Schafer study the disallowance of Earned Income Tax Credit (EITC) benefits as a result of IRS audits, and find that in post-audit years, audited taxpayers are less likely than similar non-audited taxpayers to claim EITC benefits. Janet Holtzblatt, Swati Joshi, Nora Cahill, and William Gale provide new empirical evidence on racial differences in the income tax penalty, or bonus, associated with a couple being married. Haichao Fan, Yu Liu, Nancy Qian, and Jaya Wen evaluate how computerizing value-added tax transactions in China affected the tax revenue collected from large manufacturing firms. Niels Johannesen, Daniel Reck, Max Risch, Joel Slemrod, John Guyton, and Patrick Langetieg study data on the ownership of foreign bank accounts and other financial accounts as reported on income tax returns. They find that many of these accounts are in tax havens, and they discuss the impact of the Foreign Account Tax Compliance Act on tax compliance and government revenue. Louis Kaplow integrates charitable giving into an optimal income tax framework, and shows that the externalities associated with such giving are key to determining its optimal tax treatment. Finally, Roger Gordon compares caps or quantity targets on emissions with carbon taxes and points out that which one dominates can be situation-specific and depend on a number of features of the economy.
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front cover of Tax Policy and the Economy, Volume 39
Tax Policy and the Economy, Volume 39
Edited by Robert A. Moffitt
University of Chicago Press Journals, 2025
Timely and authoritative research on the latest issues in tax policy.

Tax Policy and the Economy publishes current academic research on taxation and government spending with both immediate bearing on policy debates and longer-term interest. This volume highlights new insights on taxation, transfer programs, and related issues. First, analyzing the itemized medical deduction in the US federal income tax, Gopi Shah Goda, Ithai Lurie, Priyanka Parikh, and Chelsea Swete find that this provision disproportionately benefits higher-income taxpayers, particularly after the passage of the 2017 Tax Cuts and Jobs Act. They also consider alternative structures, such as a tax credit, that could make the distribution of the tax benefits for those with high medical outlays more equal. Next, Danny Yagan analyzes factors influencing the US federal budget deficit and the debt-to-GDP ratio. He describes the "growth dividend," the impact of GDP growth on the debt ratio, and warns about the potential costs of high debt-to-GDP ratios, especially when interest rates rise. In the third paper, Theresa Gullo, Benjamin Page, David Weiner, and Heidi Williams synthesize the economic evidence on the economic and budgetary effects of R&D investment and examine how this evidence could be incorporated into the standard projections generated by various federal agencies. Fourth, Rosanne Altshuler, Lysle Boller, and Juan Carlos Suárez Serrato investigate profit shifting by US multinational corporations and evaluate the importance of aggregation errors in reported foreign earnings and on estimates of profit shifting elasticities based on these data. Finally, David Neumark and Zeyu Li find no employment effect of California’s Earned Income Tax Credit on less-skilled single mothers, in contrast with the effects of federal and other states' programs. They suggest that structural differences and interactions with minimum wage laws explain this result.
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front cover of Transforming Cities and Minds through the Scholarship of Engagement
Transforming Cities and Minds through the Scholarship of Engagement
Economy, Equity, and Environment
Lorlene Hoyt
Vanderbilt University Press, 2013
Written by engaged scholars and practitioners, Transforming Minds and Cities is an "instrument-for-action" on the problems faced by U.S. cities that have suffered from decades of disinvestment. The book advocates the concept of reciprocal knowledge: real learning on both sides, campus and city, through a complex network of human relationships.

Across the country from Camden to Oakland, the contributors engaged with community partners--hospitals, churches, community development corporations, community foundations, and other rooted institutions--to help restore old cities to life. Their collaborative thesis project engaged them with one another and university staff; it may offer a new paradigm for graduate education.

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front cover of When Sugar Ruled
When Sugar Ruled
Economy and Society in Northwestern Argentina, Tucumán, 1876–1916
Patricia Juarez-Dappe
Ohio University Press, 2010

Two tropical commodities—coffee and sugar—dominated Latin American export economies in the nineteenth and early twentieth centuries. When Sugar Ruled: Economy and Society in Northwestern Argentina, Tucumán, 1876–1916 presents a distinctive case that does not quite fit into the pattern of many Latin American sugar economies.

During the last quarter of the nineteenth century, the province of Tucumán emerged as Argentina’s main sugar producer, its industry catering almost exclusively to the needs of the national market and financed mostly by domestic capital. The expansion of the sugar industry provoked profound changes in Tucumán’s economy as sugar specialization replaced the province’s diversified productive structure. Since ingenios relied on outside growers for the supply of a large share of the sugarcane, sugar production did not produce massive land dispossession and resulted in the emergence of a heterogeneous planter group. The arrival of thousands of workers from neighboring provinces during the harvest season transformed rural society dramatically. As the most dynamic sector in Tucumán’s economy, revenues from sugar enabled the provincial government to participate in the modernizing movement sweeping turn-of-the-century Argentina.

Patricia Juarez-Dappe uncovers the unique features that characterized sugar production in Tucumán as well as the changes experienced by the province’s economy and society between 1876 and 1916, the period of most dramatic sugar expansion. When Sugar Ruled is an important addition to the literature on sugar economies in Latin America and Argentina.

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front cover of While Waiting for Rain
While Waiting for Rain
Community, Economy, and Law in a Time of Change
John Henry Schlegel
University of Michigan Press, 2022

What might a sensible community choose to do if its economy has fallen apart and becoming a ghost town is not an acceptable option? Unfortunately, answers to this question have long been measured against an implicit standard: the postwar economy of the 1950s. After showing why that economy provides an implausible standard—made possible by the lack of economic competition from the European and Asian countries, winners or losers, touched by the war—John Henry Schlegel attempts to answer the question of what to do.

While Waiting for Rain first examines the economic history of the United States as well as that of Buffalo, New York: an appropriate stand-in for any city that may have seen its economy start to fall apart in the 1960s, 70s, and 80s. It makes clear that neither Buffalo nor the United States as a whole has had an economy in the sense of “a persistent market structure that is the fusion of an understanding of economic life with the patterns of behavior within the economic, political, and social institutions that enact that understanding” since both economies collapsed. Next, this book builds a plausible theory of how economic growth might take place by examining the work of the famous urbanist, Jane Jacobs, especially her book Cities and the Wealth of Nations. Her work, like that of many others, emphasizes the importance of innovation for economic growth, but is singular in its insistence that such innovation has to come from local resources. It can neither be bought nor given, even by well-intentioned political actors. As a result Americans generally, as well as locally, are like farmers in the midst of a drought, left to review their resources and wait. Finally, it returns to both the local Buffalo and the national economies to consider what these political units might plausibly do while waiting for an economy to emerge.

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