Wealth Poverty and Politics

Wealth  Poverty and Politics
Author: Thomas Sowell
Publsiher: Basic Books
Total Pages: 576
Release: 2016-09-06
ISBN 10: 0465096778
ISBN 13: 9780465096770
Language: EN, FR, DE, ES & NL

Wealth Poverty and Politics Book Review:

In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in this country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth. We cannot properly understand inequality if we focus exclusively on the distribution of wealth and ignore wealth production factors such as geography, demography, and culture. Sowell contends that liberals have a particular interest in misreading the data and chastises them for using income inequality as an argument for the welfare state. Refuting Thomas Piketty, Paul Krugman, and others on the left, Sowell draws on accurate empirical data to show that the inequality is not nearly as extreme or sensational as we have been led to believe. Transcending partisanship through a careful examination of data, Wealth, Poverty, and Politics reveals the truth about the most explosive political issue of our time.

Wealth Poverty and Politics

Wealth  Poverty and Politics
Author: Thomas Sowell
Publsiher: Hachette UK
Total Pages: 576
Release: 2016-09-06
ISBN 10: 0465096778
ISBN 13: 9780465096770
Language: EN, FR, DE, ES & NL

Wealth Poverty and Politics Book Review:

A revised and enlarged edition of Thomas Sowell's essential examination of differences of wealth and income between nations and within nations Wealth, Poverty and Politics challenges the assumptions, the definitions, the evidence and the reasoning of most of what is said about differences of income and wealth by people in the media, in academia and in politics. After an extensive examination of factors behind the economic differences between nations and within nations -- including geographic, demographic, cultural and political factors -- the last section of the book is a searching critique of leading income redistributionists, from John Rawls to Thomas Piketty and Nobel laureates in economics Paul Krugman, Angus Deaton and Joseph Stiglitz. Among the more heartening findings from history are the individuals, groups and nations that have risen from poverty and backwardness to prosperity and achievements on the frontiers of human progress. Among the more painful findings are counterproductive creeds and policies that have needlessly prolonged poverty and dependency among lagging groups in countries around the world, and whipped up resentments -- and sometimes violence -- against more productive and successful minorities in many places and times. Although Wealth, Poverty and Politics offers many new analyses and insights, it is essentially a fact-based study which subjects many beliefs, from various parts of the ideological spectrum, to the ultimate test of empirical evidence. These challenged beliefs about the causes of economic differences range from genetic determinism to exploitation and discrimination. In each case, the analysis follows where the facts lead, whether that is verification, refutation or some combination of the two. Its guiding principle is expressed in a quotation from the late Daniel Patrick Moynihan that opens the final section of the book: "You're entitled to your own opinions, but you're not entitled to your own facts."

Wealth Poverty and Politics

Wealth  Poverty and Politics
Author: Thomas Sowell
Publsiher: Unknown
Total Pages: 624
Release: 2016-09-06
ISBN 10: 9780465096763
ISBN 13: 046509676X
Language: EN, FR, DE, ES & NL

Wealth Poverty and Politics Book Review:

In Wealth, Poverty, and Politics, Dr. Thomas Sowell of the Hoover Institution, Stanford University, examines the reasons for large differences in income and wealth between nations and among groups within nations. A wide range of geographic, demographic, cultural, and political factors are examined, not to find a single factor or a single combination of factors that will explain all economic differences, but to show how particular combinations of factors limit or expand the possibilities for specific nations and peoples at specific times and places. Dr. Sowell also examines some popular explanations of these differences and shows why they will not stand up under scrutiny. In doing so, he takes on some of the reigning titans of the redistributionist movement--including John Rawls, Thomas Piketty, Paul Krugman, and Joseph Stiglitz--and shows how a remarkable number of their claims cannot withstand plain common sense, expressed in plain English.

Economic Facts and Fallacies

Economic Facts and Fallacies
Author: Thomas Sowell
Publsiher: Basic Books
Total Pages: 304
Release: 2011-03-22
ISBN 10: 0465026303
ISBN 13: 9780465026302
Language: EN, FR, DE, ES & NL

Economic Facts and Fallacies Book Review:

Economic Facts and Fallacies exposes some of the most popular fallacies about economic issues-and does so in a lively manner and without requiring any prior knowledge of economics by the reader. These include many beliefs widely disseminated in the media and by politicians, such as mistaken ideas about urban problems, income differences, male-female economic differences, as well as economics fallacies about academia, about race, and about Third World countries. One of the themes of Economic Facts and Fallacies is that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power-and makes careful examination of their flaws both necessary and important, as well as sometimes humorous. Written in the easy-to-follow style of the author's Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.

Savage Economics

Savage Economics
Author: David L. Blaney,Naeem Inayatullah
Publsiher: Routledge
Total Pages: 248
Release: 2010-01-04
ISBN 10: 1135265046
ISBN 13: 9781135265045
Language: EN, FR, DE, ES & NL

Savage Economics Book Review:

This innovative book challenges the most powerful and pervasive ideas concerning political economy, international relations, and ethics in the modern world. Rereading classical authors including Adam Smith, James Steuart, Adam Ferguson, Hegel, and Marx, it provides a systematic and fundamental cultural critique of political economy and critically describes the nature of the mainstream understanding of economics.

Oil Wealth and the Poverty of Politics

Oil Wealth and the Poverty of Politics
Author: Miriam R. Lowi
Publsiher: Cambridge University Press
Total Pages: 228
Release: 2009-11-12
ISBN 10: 0521113180
ISBN 13: 9780521113182
Language: EN, FR, DE, ES & NL

Oil Wealth and the Poverty of Politics Book Review:

How can we make sense of Algeria's post-colonial experience - the tragedy of unfulfilled expectations, the descent into violence, the resurgence of the state? Oil Wealth and the Poverty of Politics explains why Algeria's domestic political economy unravelled from the mid-1980s, and how the regime eventually managed to regain power and hegemony. Miriam Lowi argues the importance of leadership decisions for political outcomes, and extends the argument to explain the variation in stability in oil-exporting states following economic shocks. Comparing Algeria with Iran, Iraq, Indonesia and Saudi Arabia, she asks why some states break down and undergo regime change, while others remain stable, or manage to re-stabilise after a period of instability. In contrast with exclusively structuralist accounts of the rentier state, this book demonstrates, in a unique and accessible study, that political stability is a function of the way in which structure and agency combine.

Seeking the City

Seeking the City
Author: Chad Brand,Tom Pratt
Publsiher: Kregel Academic & Professional
Total Pages: 905
Release: 2013
ISBN 10: 9780825443046
ISBN 13: 0825443040
Language: EN, FR, DE, ES & NL

Seeking the City Book Review:

Behind the Development Banks

Behind the Development Banks
Author: Sarah Babb
Publsiher: University of Chicago Press
Total Pages: 336
Release: 2009-08-01
ISBN 10: 0226033678
ISBN 13: 9780226033679
Language: EN, FR, DE, ES & NL

Behind the Development Banks Book Review:

The World Bank and other multilateral development banks (MDBs) carry out their mission to alleviate poverty and promote economic growth based on the advice of professional economists. But as Sarah Babb argues in Behind the Development Banks, these organizations have also been indelibly shaped by Washington politics—particularly by the legislative branch and its power of the purse. Tracing American influence on MDBs over three decades, this volume assesses increased congressional activism and the perpetual “selling” of banks to Congress by the executive branch. Babb contends that congressional reluctance to fund the MDBs has enhanced the influence of the United States on them by making credible America’s threat to abandon the banks if its policy preferences are not followed. At a time when the United States’ role in world affairs is being closely scrutinized, Behind the Development Banks will be necessary reading for anyone interested in how American politics helps determine the fate of developing countries.

Barbarians inside the Gates and Other Controversial Essays

Barbarians inside the Gates and Other Controversial Essays
Author: Thomas Sowell
Publsiher: Hoover Press
Total Pages: 278
Release: 2020-06-18
ISBN 10: 0817995838
ISBN 13: 9780817995836
Language: EN, FR, DE, ES & NL

Barbarians inside the Gates and Other Controversial Essays Book Review:

A collection of essays that discusses such issues as the media, immigration, the minimum wage and multiculturalism.

The Political Economy of Microfinance

The Political Economy of Microfinance
Author: Philip Mader
Publsiher: Springer
Total Pages: 284
Release: 2016-01-12
ISBN 10: 1137364211
ISBN 13: 9781137364210
Language: EN, FR, DE, ES & NL

The Political Economy of Microfinance Book Review:

According to the author, rather than alleviating poverty, microfinance financialises poverty. By indebting poor people in the Global South, it drives financial expansion and opens new lands of opportunity for the crisis-ridden global capital markets. This book raises fundamental concerns about this widely-celebrated tool for social development.

Wealth Poverty and Politics

Wealth  Poverty  and Politics
Author: Gordon Tullock
Publsiher: Wiley-Blackwell
Total Pages: 209
Release: 1988-01-01
ISBN 10: 9780631151135
ISBN 13: 0631151133
Language: EN, FR, DE, ES & NL

Wealth Poverty and Politics Book Review:

Wealth Poverty and Human Destiny

Wealth  Poverty  and Human Destiny
Author: Doug Bandow,David Schindler
Publsiher: Open Road Media
Total Pages: 350
Release: 2014-05-06
ISBN 10: 1497646804
ISBN 13: 9781497646803
Language: EN, FR, DE, ES & NL

Wealth Poverty and Human Destiny Book Review:

The rapid spread of the liberal market order across the globe poses a host of new and complex questions for religious believers—indeed, for anyone concerned with the intersection of ethics and economics. Is the market economy, particularly as it affects the poor, fundamentally compatible with Christian moral and social teaching? Or is it in substantial tension with that tradition? In Wealth, Poverty, and Human Destiny, editors Doug Bandow and David L. Schindler bring together some of today’s leading economists, theologians, and social critics to consider whether the triumph of capitalism is a cause for celebration or concern. Michael Novak, Richard John Neuhaus, Max Stackhouse, and other defenders of democratic capitalism marshal a number of arguments in an attempt to show that, among other things, capitalism is more Christian in its foundation and consequences than is conceded by its critics—that, as Stackhouse and Lawrence Stratton write, “the roots of the modern corporation lie in the religious institutions of the West,” and that, as Novak contends, “globalization is the natural ecology” of Christianity. The critics of liberal economics argue, on the other hand, that it is historically and theologically shortsighted to consider the global capitalist order and the liberalism that sustains it as the only available option. Any system which has as its implicit logic that “stable and preserving relationships among people, places, and things do not matter and are of no worth,” in the words of Wendell Berry, should be regarded with grave suspicion by religious believers and all men and women of goodwill. Bandow and Schindler take up these arguments and many others in their responses, which carefully consider the claims of the essayists and thus pave the way for a renewed dialogue on the moral status of capitalism, a dialogue only now re-emerging from under the Cold War rubble. The contributors’ fresh, insightful examinations of the intersection between religion and economics should provoke a healthy debate about the intertwined issues of the market, globalization, human freedom, the family, technology, and democracy.

The Vision of the Anointed

The Vision of the Anointed
Author: Thomas Sowell
Publsiher: Basic Books
Total Pages: 320
Release: 2019-07-23
ISBN 10: 1541646266
ISBN 13: 9781541646261
Language: EN, FR, DE, ES & NL

The Vision of the Anointed Book Review:

DIVSowell presents a devastating critique of the mind-set behind the failed social policies of the past thirty years. Sowell sees what has happened during that time not as a series of isolated mistakes but as a logical consequence of a tainted vision whose defects have led to crises in education, crime, and family dynamics, and to other social pathologies. In this book, he describes how elites—the anointed—have replaced facts and rational thinking with rhetorical assertions, thereby altering the course of our social policy./Div

Why Nations Fail

Why Nations Fail
Author: Daron Acemoğlu,James A. Robinson
Publsiher: Currency
Total Pages: 529
Release: 2012
ISBN 10: 0307719219
ISBN 13: 9780307719218
Language: EN, FR, DE, ES & NL

Why Nations Fail Book Review:

An award-winning professor of economics at MIT and a Harvard University political scientist and economist evaluate the reasons that some nations are poor while others succeed, outlining provocative perspectives that support theories about the importance of institutions.

International Political Economy

International Political Economy
Author: Thomas D. Lairson,David Skidmore
Publsiher: Routledge
Total Pages: 522
Release: 2016-12-08
ISBN 10: 1134111932
ISBN 13: 9781134111930
Language: EN, FR, DE, ES & NL

International Political Economy Book Review:

This text offers a rethinking of the field of international political economy in an era of growing but uneven globalization. Even as global integration advances, states play central roles as partners with the largest of global firms, as the catalysts of competitiveness and economic growth, as the creators of global institutions, and in promoting and responding to global interdependence. Indeed, the struggle for power and wealth within and among states underscores the primacy of politics in understanding current realities. At the same time, new issues and actors complicate the global agenda as it expands to address the environment, global health, and food security. By offering a clear explanation of basic concepts, contextualizing the presentation of theoretical debates, and placing current events in historical context, International Political Economy ensures students a deep understanding of how the global economy works and the ways in which globalization affects their lives and those of people around the world. Key Content and Features Engages debates over the reach and significance of globalization. Examines the sources and consequences of global financial instability. Explores the origins and consequences of global inequality. Compares various strategies of development and state roles in competitiveness. Discusses the role of key international economic institutions. Considers the impact of the rise of China on the global economy and the potential for war and peace. Illustrates collective efforts to fight hunger, disease, and environmental threats. Includes numerous graphs and illustrations throughout and end of chapter discussion questions. Links key concepts for each chapter to a glossary at the end of the book. Provides a list of acronyms at the outset and annotated further readings at the end of each chapter. Offers additional resources on a web site related to the text, including a list of links to IPE-related web pages.

Poverty as Ideology

Poverty as Ideology
Author: Andrew Martin Fischer
Publsiher: Zed Books Ltd.
Total Pages: 336
Release: 2018-12-15
ISBN 10: 1786990474
ISBN 13: 9781786990471
Language: EN, FR, DE, ES & NL

Poverty as Ideology Book Review:

Winner of the International Studies in Poverty Prize awarded by the Comparative Research Programme on Poverty (CROP) and Zed Books Poverty has become the central focus of global development efforts, with a vast body of research and funding dedicated to its alleviation. And yet, the field of poverty studies remains deeply ideological and has been used to justify wealth and power within the prevailing world order. Andrew Martin Fischer clarifies this deeply political character, from conceptions and measures of poverty through to their application as policies. Poverty as Ideology shows how our dominant approaches to poverty studies have, in fact, served to reinforce the prevailing neoliberal ideology while neglecting the wider interests of social justice that are fundamental to creating more equitable societies. Instead, our development policies have created a ‘poverty industry’ that obscures the dynamic reproductions of poverty within contemporary capitalist development and promotes segregation in the name of science and charity. Fischer argues that an effective and lasting solution to global poverty requires us to reorient our efforts away from current fixations on productivity and towards more equitable distributions of wealth and resources. This provocative work offers a radical new approach to understanding poverty based on a comprehensive and accessible critique of key concepts and research methods. It upends much of the received wisdom to provide an invaluable resource for students, teachers and researchers across the social sciences.

Intellectuals and Race

Intellectuals and Race
Author: Thomas Sowell
Publsiher: Basic Books
Total Pages: 192
Release: 2013-03-12
ISBN 10: 0465058728
ISBN 13: 9780465058723
Language: EN, FR, DE, ES & NL

Intellectuals and Race Book Review:

Intellectuals and Race is a radical book in the original sense of one that goes to the root of the problem. The role of intellectuals in racial strife is explored in an international context that puts the American experience in a wholly new light. The views of individual intellectuals have spanned the spectrum, but the views of intellectuals as a whole have tended to cluster. Indeed, these views have clustered at one end of the spectrum in the early twentieth century and then clustered at the opposite end of the spectrum in the late twentieth century. Moreover, these radically different views of race in these two eras were held by intellectuals whose views on other issues were very similar in both eras. Intellectuals and Race is not, however, a book about history, even though it has much historical evidence, as well as demographic, geographic, economic and statistical evidence-- all of it directed toward testing the underlying assumptions about race that have prevailed at times among intellectuals in general, and especially intellectuals at the highest levels. Nor is this simply a theoretical exercise. The impact of intellectuals' ideas and crusades on the larger society, both past and present, is the ultimate concern. These ideas and crusades have ranged widely from racial theories of intelligence to eugenics to "social justice" and multiculturalism. In addition to in-depth examinations of these and other issues, Intellectuals and Race explores the incentives, the visions and the rationales that drive intellectuals at the highest levels to conclusions that have often turned out to be counterproductive and even disastrous, not only for particular racial or ethnic groups, but for societies as a whole.

Trickle Down Theory and Tax Cuts for the Rich

 Trickle Down Theory  and  Tax Cuts for the Rich
Author: Thomas Sowell
Publsiher: Hoover Press
Total Pages: 20
Release: 2013-09-01
ISBN 10: 0817916164
ISBN 13: 9780817916169
Language: EN, FR, DE, ES & NL

Trickle Down Theory and Tax Cuts for the Rich Book Review:

This essay unscrambles gross misconceptions that have made rational debates about tax policies virtually impossible for decades.

Wealth And Poverty Of Nations

Wealth And Poverty Of Nations
Author: David S. Landes
Publsiher: Hachette UK
Total Pages: 672
Release: 2015-04-20
ISBN 10: 0349141444
ISBN 13: 9780349141442
Language: EN, FR, DE, ES & NL

Wealth And Poverty Of Nations Book Review:

The history of nations is a history of haves and have-nots, and as we approach the millennium, the gap between rich and poor countries is widening. In this engrossing and important new work, eminent historian David Landes explores the complex, fascinating and often startling causes of the wealth and poverty of nations. The answers are found not only in the large forces at work in economies: geography, religion, the broad swings of politics, but also in the small surprising details. In Europe, the invention of spectacles doubled the working life of skilled craftsmen, and played a prominent role in the creation of articulated machines, and in China, the failure to adopt the clock fundamentally hindered economic development. The relief of poverty is vital to the survival of us all. As David Landes brilliantly shows, the key to future success lies in understanding the lessons the past has to teach us - lessons uniquely imparted in this groundbreaking and vital book which exemplifies narrative history at its best.

Black Rednecks and White Liberals

Black Rednecks and White Liberals
Author: Thomas Sowell
Publsiher: ReadHowYouWant.com
Total Pages: 580
Release: 2010-09-17
ISBN 10: 1459602218
ISBN 13: 9781459602212
Language: EN, FR, DE, ES & NL

Black Rednecks and White Liberals Book Review:

This explosive new book challenges many of the long-prevailing assumptions about blacks, about Jews, about Germans, about slavery, and about education. Plainly written, powerfully reasoned, and backed with a startling array of documented facts, Black Rednecks and White Liberals takes on not only the trendy intellectuals of our times but also such historic interpreters of American life as Alexis de Tocqueville and Frederick Law Olmsted. In a series of long essays, this book presents an in-depth look at key beliefs behind many mistaken and dangerous actions, policies, and trends. It presents eye-opening insights into the historical development of the ghetto culture that is today wrongly seen as a unique black identity - a culture cheered on toward self-destruction by white liberals who consider themselves ''friends'' of blacks. An essay titled ''the Real History of Slavery'' presents a jolting re-examination of that tragic institution and the narrow and distorted way it is too often seen today. The reasons for the venomous hatred of Jews, and of other groups like them in countries around the world, are explored in an essay that asks, ''Are Jews Generic?'' Misconceptions of German history in general, and of the Nazi era in particular, are also re-examined. So too are the inspiring achievements and painful tragedies of black education in the United States. Black Rednecks and White Liberals is the capstone of decades of outstanding research and writing on racial and cultural issues by Thomas Sowell.