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A thought-provoking examination of how AI might either spur or harm human economic progress.

What happens to an economy when machines can think as well as, or even better than, humans? The Economics of Transformative AI tackles this issue, which is one of the most consequential economic questions of our time. This book brings together sixteen research studies from top economists that look closely at how transformative AI reshapes everything from innovation and market structure to employment, inequality, and human purpose. They explore both opportunities, such as personalized algorithmic assistance, accelerated scientific discovery, and new forms of organization, and profound challenges, including potential labor displacement, rising concentration of power, changes in the information ecosystem, and even possible existential risks to humanity.

The studies in this volume develop economic frameworks for understanding the conditions under which AI might enhance or undermine human flourishing. They offer policymakers, researchers, and business leaders the analytical tools needed to prepare for the potential economic transformations ahead.

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.

 

Prominent female voices in journalism provide critical perspectives on the challenges women face in today's news organizations, such as connecting with diverse audiences, educating readers about international issues and cultures, maintaining credibility, negotiating media consolidation and corporate pressures, and overcoming the persistent barriers to professional advancement. A powerful and complex assessment of how women are transforming the news industry, The Edge of Change explores how the news industry might implement further reforms aimed at creating a more inclusive journalistic community.

Contributors are Catalina Camia, Kathleen Carroll, Pamela J. Creedon, Paula Lynn Ellis, Helen E. Fisher, Dorothy Butler Gilliam, Ellen Goodman, Sharon Grigsby, Carol Guzy, Kirsten Scharnberg Hampton, Cathy Henkel, Pamela J. Johnson, Jane Kirtley, Jan Leach, Caroline Little, Wanda S. Lloyd, Arlene Notoro Morgan, June O. Nicholson, Geneva Overholser, Marty Petty, Deb Price, Donna M. Reed, Sandra Mims Rowe, Peggy Simpson, Margaret Sullivan, Julia Wallace, and Keven Ann Willey.

In addition to providing the full text, Uihlein and the contributors trace Ricker’s career and delve into his practice of teaching. Subject experts explore specific topics. Thomas Leslie surveys contemporary construction practices in Chicago. Tom F. Peters considers Ricker’s writings in the context of the time while Rachel Will looks at masonry know-how and testing. Donald Friedman examines the teaching of iron and steel construction.

An illuminating look at a field and a legacy, The Elements of Construction rediscovers a figure that shaped the teaching of architecture and trained a generation that forever changed Chicago.

In the face of global financial problems and stressed government budgets, the ability of private philanthropy to step in and help solve public problems—and support vital private institutions as well—has perhaps never been more important. But how can donors be sure their contributions will be effective? And how can fundraisers make their case for support in a way that is compelling and productive?

With The Essence of Strategic Giving, Peter Frumkin distills the lessons of his comprehensive, award-winning study, Strategic Giving, into a concise, practical guide for everyone involved in private philanthropy, from donors to managers of nonprofits to fund-raisers. He defines five critical challenges that all donors must address if their philanthropy is to amount to more than indiscriminate charity, including being aware of the time frame that guides a gift, specifying the intended impact being pursued, and  recognizing how a donation fits with a donor’s own identity and style. Acknowledging and understanding these fundamental, strategic aspects of giving, Frumkin argues, will help ensure philanthropy that more effectively achieves its aims—and at the same time builds a lasting relationship between donors and the institutions they support.

As the next generation of donors wrestle with the challenge of effectively distributing what Andrew Carnegie called “surplus wealth,” Frumkin’s road map will be an indispensible resource for years to come.

We’ve been told, again and again, that life is unfair. But what if we’re wrong simply to resign ourselves to this situation? What if we have the power—and more, the duty—to change society for the better?

We do. And our very nature inclines us to do so. That’s the provocative argument Peter Corning makes in The Fair Society. Drawing on the evidence from our evolutionary history and the emergent science of human nature, Corning shows that we have an innate sense of fairness. While these impulses can easily be subverted by greed and demagoguery, they can also be harnessed for good. Corning brings together the latest findings from the behavioral and biological sciences to help us understand how to move beyond the Madoffs and Enrons in our midst in order to lay the foundation for a new social contract—a Biosocial Contract built on a deep understanding of human nature and a commitment to fairness. He then proposes a sweeping set of economic and political reforms based on three principles of fairness—equality, equity, and reciprocity—that together could transform our society and our world.

At this crisis point for capitalism, Corning reveals that the proper response to bank bailouts and financial chicanery isn’t to get mad—it’s to get fair.

The Farm Labor Organizing Committee (FLOC) was founded by Baldemar Velásquez in 1967 to challenge the poverty and powerlessness that confronted migrant farmworkers in the Midwest. This study documents FLOC's development through its first quarter century and analyzes its effectiveness as a social reform movement.

Barger and Reza describe FLOC's founding as a sister organization of the United Farm Workers (UFW). They devote particular attention to FLOC's eight-year struggle (1978-1986) with the Campbell Soup company that led to three-way contracts for improved working conditions between FLOC, Campbell Soup, and Campbell's tomato and cucumber growers in Ohio and Michigan. This contract significantly changed the structure of agribusiness and instituted key reforms in American farm labor.

The authors also address the processes of social change involved in FLOC actions. Their findings are based on extensive research among farmworkers, growers, and representatives of agribusiness, as well as personal involvement with FLOC leaders and supporters.

The Female Economy explores that lost world of women's dominance, showing how independent, often ambitious businesswomen and the sometimes imperious consumers they served gradually vanished from the scene as custom production gave way to a largely unskilled modern garment industry controlled by men. Wendy Gamber helps overturn the portrait of wage-earning women as docile souls who would find fulfillment only in marriage and motherhood. She combines labor history, women's history, business history, and the history of technology while exploring topics as wide-ranging as the history of pattern-making and the relationship between entrepreneurship and marriage.

A volume in the series The Working Class in American History, edited by David Brody, Alice Kessler-Harris, David Montgomery, and Sean Wilentz, and in the series Women in American History, edited by Anne Firor Scott, Nancy A. Hewitt, and Stephanie Shaw

This book is a major contribution exploring the policy options available for developing and emerging economies in response to the global economic crises.

Written by a highly respected development economist, the book gives a clear-eyed account of the issues particular to these countries and critically evaluates different policy approaches, including reforms in financial, monetary and trade policies. Informed by deep scholarship as well as practical experience, Yilmaz Akyüz draws on empirical data, historical context and theoretical expertise, with special attention paid to issues such as the role of the International Monetary Fund and China.

The Financial Crisis and the Global South is a landmark book that will be of interest to practitioners, scholars, theorists and students of economics and development studies.

A Nobel Prize winner's most important, groundbreaking work, collected in one volume

The Firm, the Market, and the Law gathers the most important and lasting works by Nobel Prize-winning economist Ronald Coase. Awarded the Nobel Prize in 1991 for his groundbreaking work on the significance of transaction costs and property rights, Coase continually urged his fellow economists to examine the real-world foundations on which their theories rest. This volume collects some of his classic articles probing those very foundations. "The Nature of the Firm" (1937) introduced the then-revolutionary concept of transaction costs into economic theory. "The Problem of Social Cost" (1960) further developed this concept, emphasizing the effect of the law on the working of the economic system. The remaining papers and new introductory essay clarify and extend Coarse's arguments and address his critics.