Social Economics

"This is the story of Mary Prince", who was sold into slavery at the age of 12 for £38 sterling. It is the first account of the life of a black woman ever to be published in the United Kingdom, and it was published at a time when slavery was still legal in the British Colonies. "The history of Mary Prince" is firsthand testimony of the brutalities of enslavement. Its tone is direct and authentic, which makes this vivid story go straight to the heart.

The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldwide.

In this landmark work, acclaimed historian Joshua Freeman has created an epic portrait of a nation both galvanized by change and driven by conflict. Beginning in 1945, the economic juggernaut awakened by World War II transformed a country once defined by its regional character into a uniform and cohesive power and set the stage for the United States’ rise to global dominance. Meanwhile, Freeman locates the profound tragedy that has shaped the path of American civic life.

In How Adam Smith Can Change Your Life, Roberts examines Smith’s forgotten masterpiece, and finds a treasure trove of timeless, practical wisdom. Smith’s insights into human nature are just as relevant today as they were 300 years ago. What does it take to be truly happy? Should we pursue fame and fortune or the respect of our friends and family? How can we make the world a better place?

A case for why regionalization, not globalization, has been the biggest economic trend of the past forty years.

In the graveyard of economic ideology, dead ideas still stalk the land. The recent financial crisis laid bare many of the assumptions behind market liberalism--the theory that market-based solutions are always best, regardless of the problem. For decades, their advocates dominated mainstream economics, and their influence created a system where an unthinking faith in markets led many to view speculative investments as fundamentally safe.

Ancient Futures is a lyrical and moving portrait of tradition and change in Ladakh, or “Little Tibet", as it was once known. The book is also an engaging critique of the global economy and a call for economic localization. When author Helena Norberg-Hodge first arrived in Ladakh in the 1970s, she found a pristine environment and a people who exhibited remarkable vitality and joy. Not long after, came economic growth and development, and Norberg-Hodge watched how a whole range of problems began to appear for the first time.

In this book, two distinguished scientists tackle common misconceptions about race, human biology, and racism. Using an accessible question-and-answer format, Joseph L. Graves Jr. and Alan H. Goodman explain the differences between social and biological notions of race. Although there are many meaningful human genetic variations, they do not map onto socially constructed racial categories. Drawing on evidence from both natural and social science, Graves and Goodman dismantle the malignant myth of gene-based racial difference.

How can we solve the problem of persistent poverty in low-status communities? Majora Carter argues that these areas need a talent-retention strategy, just like the ones companies have. Retaining homegrown talent is a critical part of creating a strong local economy that can resist gentrification. But, too many people born in low-status communities measure their success by how far away from them they can get.

In "Radical Chic", Wolfe focuses primarily on one symbolic event: a gathering of the politically correct at Leonard Bernstein’s duplex apartment on Park Avenue to meet spokesmen of the Black Panther Party. He re-creates the incongruous scene - and its astonishing repercussions - with high fidelity. In the companion essay, Wolfe travels west to San Francisco to survey another meeting-ground between militant minorities and the liberal white establishment. "Mau-Mauing the Flak Catchers" deals with the newly emerging art of confrontation, as practiced by San Francisco’s militant minorities.

Authors Barry Eichengreen, Asmaa El-Ganainy, Rui Esteves, and Kris James Mitchener argue that the ability of governments to issue debt has played a critical role in addressing emergencies—from wars and pandemics to economic and financial crises, as well as in funding essential public goods and services such as transportation, education, and healthcare. None of this is to deny that debt problems, debt crises, and debt defaults occur. But these dramatic events, which attract much attention, are not the entire story. In Defense of Public Debt redresses the balance.

Though Karl Marx is best known for Capital and The Communist Manifesto, his revolutionary thoughts and ideas had developed over decades spent in study, discussion and association with a variety of organisations throughout Europe and the US, intent on challenging the establishment order. These six very different texts show how Marx’s ideas evolved and how increasingly fierce his views became.

Over the past four decades, China's remarkable transformation has garnered admiration but also sparked concern. George Magnus draws on his intimate knowledge of this dynamic nation to uncover the origins of its ascent and show why the economic traps it faces at home and the political challenges it faces abroad pose a serious threat to its continued rise.

The United States has two separate banking systems today - one serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to wander through a Wild West of payday lenders and check-cashing services to cover emergency expenses and pay for necessities - all thanks to deregulation that began in the 1970s.

Thorstein Veblen (1857-1929) was an American economist and sociologist. His most famous work, The Theory of the Leisure Class: An Economic Study of Institutions (1899), is a treatise on economics and a social critique of consumption and of consumerism, based on the social stratification of people and the division of labor. This work is in the tradition of Adam Smith’s Wealth of Nations and is rightly considered a classic of economic theory and social history.

Fighting climate change, saving democracy, and eradicating poverty are urgent global challenges, yet the world's leaders continue to pursue outdated policies that focus on one while worsening the tradeoffs between each of them. Shared Prosperity in a Fractured World shows how the nations of the world can achieve all three objectives.

This book demonstrates how economic tools have been used throughout history to accomplish goals of military conflict, how they can be used more effectively than traditional means of warfare in the modern era, and how we can derive a better understanding of economic strategy applicable - not just to the military, but also to market competition.

As Reeves shows, the growing separation between the upper middle class and everyone else can be seen in family structure, neighborhoods, attitudes, and lifestyle. Those at the top of the income ladder are becoming more effective at passing on their status to their children, reducing overall social mobility. The result is not just an economic divide but a fracturing of American society along class lines. Upper-middle-class children become upper-middle-class adults.

Parasite : nom masculin. « Organisme qui se nourrit strictement aux dépens d’un organisme hôte d’une espèce différente ». Les parasites ne sont pas ceux que l’on croit. La véritable classe parasite est celle qui est située au sommet du corps social, cette classe bourgeoise qui a envahi la société tout entière, rachetant ses médias, finançant ses hommes politiques, exploitant ses travailleurs au plus bas prix possible. En retour, cette classe ne nous apporte rien. Pire, elle nous coûte bien plus cher qu’elle ne nous rapporte. Elle nuit plus qu’elle brille.

Why is it that so many efforts by liberals to lift the Black underclass not only fail, but often harm the intended beneficiaries? In Please Stop Helping Us, Jason L. Riley examines how well-intentioned welfare programs are in fact holding Black Americans back. Minimum-wage laws may lift earnings for people who are already employed, but they price a disproportionate number of Blacks out of the labor force. Affirmative action in higher education is intended to address past discrimination, but the result is fewer Black college graduates than would otherwise exist.