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Noneconomists often think that economists' approach to race is almost exclusively one of laissez-faire. Racism, Liberalism, and Economics argues that economists' ideas are more complicated. The book considers economists' support of markets in relation to the challenge of race and race relations and argues that their support of laissez-faire has traditionally been based upon a broader philosophical foundation of liberalism and history: what markets have and have not achieved in the past, and how that past relates to the future. The book discusses the concepts of liberalism and racism, the history and use of these terms, and how that history relates to policy issues. It argues that liberalism is consistent with a wide variety of policies and that the broader philosophical issues are central in choosing policies.

The contributors show how the evolution of racist ideas has been a subtle process that is woven into larger movements in the development of scientific thought; economic thinking is embedded in a larger social milieu. Previous discussions of policies toward race have been constrained by that social milieu, and, since World War II, have largely focused on ending legislated and state-sanctioned discrimination. In the past decade, the broader policy debate has moved on to questions about the existence and relative importance of intangible sources of inequality, including market structure, information asymmetries, cumulative processes, and cultural and/or social capital. This book is a product of, and a contribution to, this modern discussion. It is uniquely transdisciplinary, with contributions by and discussions among economists, philosophers, anthropologists, and literature scholars.

The volume first examines the early history of work on race by economists and social scientists more generally. It continues by surveying American economists on race and featuring contributions that embody more modern approaches to race within economics. Finally it explores several important policy issues that follow from the discussion.

". . . adds new insights that contribute significantly to the debate on racial economic inequality in the U.S. The differing opinions of the contributors provide the broad perspective needed to examine this extremely complex issue."
--James Peoples, University of Wisconsin-Milwaukee

"There is an immense economic literature on racial discrimination, employing a variety of models and decomposition methods. This volume makes a unique contribution by focusing on the philosophical assumptions at the root of this analysis and by presenting many sides of the very vigorous debate surrounding these controversial issues."
--Thomas Maloney, University of Utah

"By focusing upon the progress of analytical technique, historians of economic thought have grossly neglected the symbiotic relation of economics to public policy and ideology. This collection of essays offers a most welcome breach of disciplinary apartheid. Seizing upon recent research in the almost forgotten writings about race of Classical economists and their contemporaries, it relates nineteenth-century ideas to current debates about economic discrimination and other manifestations of racism. As the writing is both learned and lively, the book should appeal both to the generally educated reader and to teachers of courses in multiculturalism."
--Melvin Reder, Isidore Brown and Gladys J. Brown Professor Emeritus of Urban and Labor Economics, University of Chicago

Alfredo Mirandé, a sociology professor, Stanford Law graduate, and part-time pro bono attorney, represents clients who are rascuache—a Spanish word for “poor” or even “wretched”—and on the margins of society. For Mirandé, however, rascuache means to be “down but not out,” an underdog who is still holding its ground. Rascuache Lawyer offers a unique perspective on providing legal services to poor, usually minority, folks who are often just one short step from jail. Not only a passionate argument for rascuache lawyering, it is also a thoughtful, practical attempt to apply and test critical race theory—particularly Latino critical race theory—in day-to-day legal practice.

Every chapter presents an actual case from Mirandé’s experience (only the names and places have been changed). His clients have been charged with everything from carrying a concealed weapon, indecent exposure, and trespassing to attempted murder, domestic violence, and child abuse. Among them are recent Mexican immigrants, drug addicts, gang members, and the homeless. All of them are destitute, and many are victims of racial profiling. Some “pay” Mirandé with bartered services such as painting, home repairs, or mechanical work on his car. And Mirandé doesn’t always win their cases. But, as he recounts, he certainly works tirelessly to pursue all legal remedies.

Each case is presented as a letter to a fascinating (fictional) “Super Chicana” named Fermina Gabriel, who we are told is an accomplished lawyer, author, and singer. This narrative device allows the author to present his cases as if he were recounting them to a friend, drawing in the reader as a friend as well.

Bookending the individual cases, Mirandé’s introductions and conclusions offer a compelling vision of progressive legal practice grounded in rascuache lawyering.

The first classroom book for undergraduate courses in public choice analysis, covering both political economy and social choice issues

Public choice analysis applies the methodology of economics to issues in political science and the policy process. The readings in this anthology cover topics in both institutional political economy and social choice theory and are comprehensible to nonspecialists and advanced undergraduates with a background in basic economic theory. Readings are taken from academic journals and book chapters and are reproduced in their entirety. They are selected to ensure they contain a minimal amount of notation and are free of advanced econometrics.

The anthology contains two to three readings each to explore the areas of rent seeking, collective action, bureaucracy, elections and the economy, choosing decision rules, majority rule, alternative voting procedures, and the calculus of voting. Each part contains a brief introduction to the general theme, and questions are presented as a guide to each reading. Additional suggested readings are provided to develop these concepts further.

Jac C. Heckelman is Associate Professor of Economics, Wake Forest University.

To have a voice in shaping government policy has been a goal of the American people since the nation's founding. Yet, government seems even less accessible now than in the past. An increasing rate of incumbency in Congress, the unwieldy committee system that controls legislation, and the decline of political parties have all weakened representation and alienated Americans from the seat of power. The one remaining way to produce major and coherent change in national policy is through partisan realignment—a sharp, enduring shift in voter support of the two major parties. This book is about the phenomenon of realignment in American politics. It not only brings together and assesses previous work in the area but also breaks new ground in the analysis of the effects of realignment on political elites and public policy. In addition, it is the first study to present an integrated theory of realignment that can be applied to the understanding of mass, elite, and policy change in times of social crisis. Contributors include Lawrence McMichael, David Nexon, Louis Seagull, Robert Lehnen, Philip Converse, Gregory Markus, Lester Seligman, Michael King, David Brady, Kenneth Meier, Kenneth Kramer, David Adamany, Charles Stewart, Susan Hansen, and the editors.Bruce A. Campbell taught political science at the University of Georgia. He is the author of The American Electorate.

While there is ample evidence that high inflation is harmful, little is known about how best to reduce inflation or how far it should be reduced. In this volume, sixteen distinguished economists analyze the appropriateness of low inflation as a goal for monetary policy and discuss possible strategies for reducing inflation.

Section I discusses the consequences of inflation. These papers analyze inflation's impact on the tax system, labor market flexibility, equilibrium unemployment, and the public's sense of well-being. Section II considers the obstacles facing central bankers in achieving low inflation. These papers study the precision of estimates of equilibrium unemployment, the sources of the high inflation of the 1970s, and the use of non-traditional indicators in policy formation. The papers in section III consider how institutions can be designed to promote successful monetary policy, and the importance of institutions to the performance of policy in the United States, Germany, and other countries.

This timely volume should be read by anyone who studies or conducts monetary policy.

Reinventing (with) Theory in Rhetoric and Writing Studies collects original scholarship that takes up and extends the practices of inventive theorizing that characterize Sharon Crowley’s body of work. Including sixteen chapters by established and emerging scholars and an interview with Crowley, the book shows that doing theory is a contingent and continual rhetorical process that is indispensable for understanding situations and their potential significance—and for discovering the available means of persuasion.
 
For Crowley, theory is a basic building block of rhetoric “produced by and within specific times and locations as a means of opening other ways of believing or acting.” Doing theory, in this sense, is the practice of surveying the common sense of the community (doxa) and discovering the available means of persuasion (invention). The ultimate goal of doing theory is not to prescribe certain actions but to ascertain what options exist for rhetors to see the world differently, to discover new possibilities for thought and action, and thereby to effect change in the world.
The scholarship collected in Reinventing (with) Theory in Rhetoric and Writing Studies takes Crowley’s notion of theory as an invitation to develop new avenues for believing and acting. By reinventing the understanding of theory and its role in the field, this collection makes an important contribution to scholarship in rhetorical studies and writing studies. It will be valuable to scholars, teachers, and students interested in diverse theoretical directions in rhetoric and writing studies as well as in race, gender, and disability theories, religious rhetorics, digital rhetoric, and the history of rhetoric.
 
Publication supported in part by the Texas Tech University Humanities Center.

Contributors: Jason Barrett-Fox, Geoffrey Clegg, Kirsti Cole, Joshua Daniel-Wariya, Diane Davis, Rebecca Disrud, Bre Garrett, Catherine C. Gouge, Debra Hawhee, Matthew Heard, Joshua C. Hilst, David G. Holmes, Bruce Horner, William B. Lalicker, Jennifer Lin LeMesurier, James C. McDonald, Timothy Oleksiak, Dawn Penich-Thacker, J. Blake Scott, Victor J. Vitanza, Susan Wyche

The 'end of history' has not taken place. Ideological and economic crisis and the status quo of neoliberal capitalism since 2008 demand a renewed engagement with Marx. But if we are to effectively resist capitalism we must truly understand Marx: Marxism today must theorise how communication technologies, media representation and digitalisation have come to define contemporary capitalism. There is an urgent need for critical, Marxian-inspired knowledge as a foundation for changing the world and the way we communicate from digital capitalism towards communicative socialism and digital communism. Rereading Marx in the Age of Digital Capitalism does exactly this. Delving into Marx's most influential works, such as Capital, The Grundrisse, Economic and Philosophic Manuscripts, The German Ideology and The Communist Manifesto, Christian Fuchs draws out Marx's concepts of machinery, technology, communication and ideology, all of which anticipate major themes of the digital age. A concise and coherent work of Marxist media and communication theory, the book ultimately demonstrates the relevance of Marx to an age of digital and communicative capitalism.

The financial crisis of 2007–8 has been widely understood as a result of the financial system’s exceeding its proper place in society; the system became unbalanced, unsustainable, and deprived of a solid foundation. Even as capitalist finance seeks to reinvent itself in the wake of massive upheaval, critics continue to portray the financial system as fundamentally irrational—an unstable, destructive inventor of fictitious money. Characterizing finance in this way, however, neglects the growing connection between the worlds of high finance and consumer credit. The essays in this special issue take the financial crisis as an opportunity for much-needed conceptual innovation. Its contributors move beyond strictly moralistic criticisms of financialization to rethink core economic categories such as money, speculation, measure, value, and the wage, as well as the relationship among labor, finance, and money.

Melinda Cooper is an Australian Research Council Future Fellow in the Department of Sociology and Social Policy at the University of Sydney. She is the author of Clinical Labor: Tissue Donors and Research Subjects in the Global Bioeconomy, also published by Duke University Press. Martijn Konings is Senior Lecturer and Australian Research Council DECRA Fellow in the Department of Political Economy at the University of Sydney. He is the author of The Development of American Finance.

Contributors: Lisa Adkins, Fiona Allon, Dick Bryan, Melinda Cooper, Marieke de Goede, Chris Jefferis, Martijn Konings, Randy Martin, Michael Rafferty

Bridging the disciplinary divide between writing and literature, Rhetor Response introduces the concept and pedagogical applications of “literary affordances”—the ways in which readers “use” and integrate literature into their own writing or lives. Unconcerned with authorial intent, interpretive meaning, or critical reception, “affordance” signifies a shift in focus from what literary texts mean and do to what one can do with them.

This book presents both opportunities and challenges to writing studies, a field whose burgeoning disciplinary independence ironically relies on a sizable underclass of specialists in literature rather than writing. Incorporating elements of rhetorical theory, literary criticism, pedagogical methodology, political critique, and psychological and philosophical memoir, Peter H. Khost complicates and revives the relevance of literature—from belles lettres to fanfiction—by turning from interpretation to affordance in order to identify readers’ applications of literary textual features to unrelated lived situations.

Rhetor Response theorizes and exemplifies literary affordance as a constructive step toward professional reconciliation, as well as an entry into greater textual power and pleasure for students and readers. It is a one-of-a-kind resource for college writing program administrators, faculty and scholars in English and writing studies, and graduate and advanced undergraduate students across both disciplines.

Every day young people engage in risky behaviors that affect not only their immediate well-being but their long-term health and safety. These well-honed essays apply diverse economic analyses to a wide range of unsafe activities, including teen drinking and driving, smoking, drug use, unprotected sex, and criminal activity. Economic principles are further applied to mental health and performance issues such as teenage depression, suicide, nutritional disorders, and high school dropout rates. Together, the essays yield notable findings: price and regulatory incentives are critical determinants of high-risk behavior, suggesting that youths do apply some sort of cost/benefit calculation when making decisions; the macroeconomic environment in which those decisions are made matters greatly; and youths who pursue high-risk behaviors are significantly more likely to engage in similar behaviors as adults.

This important volume provides both a key data source for public policy makers and a clear affirmation of the usefulness of economic analysis to our understanding of risky behavior.

What induces groups to commit political suicide? This book explores the decisions to surrender power and to legitimate this surrender: collective abdications. Commonsensical explanations impute such actions to coercive pressures, actors’ miscalculations, or their contamination by ideologies at odds with group interests. Ivan Ermakoff argues that these explanations are either incomplete or misleading. Focusing on two paradigmatic cases of voluntary and unconditional surrender of power—the passing of an enabling bill granting Hitler the right to amend the Weimar constitution without parliamentary supervision (March 1933), and the transfer of full executive, legislative, and constitutional powers to Marshal Pétain (Vichy, France, July 1940)—Ruling Oneself Out recasts abdication as the outcome of a process of collective alignment.

Ermakoff distinguishes several mechanisms of alignment in troubled and uncertain times and assesses their significance through a fine-grained examination of actors’ beliefs, shifts in perceptions, and subjective states. To this end, he draws on the analytical and methodological resources of perspectives that usually stand apart: primary historical research, formal decision theory, the phenomenology of group processes, quantitative analyses, and the hermeneutics of testimonies. In elaborating this dialogue across disciplinary boundaries, Ruling Oneself Out restores the complexity and indeterminate character of pivotal collective decisions and demonstrates that an in-depth historical exploration can lay bare processes of crucial importance for understanding the formation of political preferences, the paradox of self-deception, and the makeup of historical events as highly consequential.