Wealth  Poverty and Politics

Wealth Poverty and Politics


  • Release: 2016-09-06
  • Publisher: Basic Books
  • Price: FREE
  • File: PDF, 576 page
  • ISBN: 9780465096770
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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


  • Release: 2016-09-06
  • Publisher: Hachette UK
  • Price: FREE
  • File: PDF, 576 page
  • ISBN: 9780465096770
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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


  • Release: 2016-09-06
  • Publisher:
  • Price: FREE
  • File: PDF, 624 page
  • ISBN: 046509676X
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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.

Oil Wealth and the Poverty of Politics

Oil Wealth and the Poverty of Politics


  • Release: 2009-11-12
  • Publisher: Cambridge University Press
  • Price: FREE
  • File: PDF, page
  • ISBN: 9781139481755
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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 fascinating and accessible study, that political stability is a function of the way in which structure and agency combine.

Savage Economics

Savage Economics


  • Release: 2010-01-04
  • Publisher: Routledge
  • Price: FREE
  • File: PDF, 248 page
  • ISBN: 9781135265045
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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.

Wealth  Poverty  and Human Destiny

Wealth Poverty and Human Destiny


  • Release: 2014-05-06
  • Publisher: Open Road Media
  • Price: FREE
  • File: PDF, 350 page
  • ISBN: 9781497646803
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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 betwe

Poverty as Ideology

Poverty as Ideology


  • Release: 2018-12-15
  • Publisher: Zed Books Ltd.
  • Price: FREE
  • File: PDF, 336 page
  • ISBN: 9781786990471
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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.

Behind the Development Banks

Behind the Development Banks


  • Release: 2009-08-01
  • Publisher: University of Chicago Press
  • Price: FREE
  • File: PDF, 336 page
  • ISBN: 9780226033679
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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.

Poverty and Power

Poverty and Power


  • Release: 2018-06-07
  • Publisher: Rowman & Littlefield
  • Price: FREE
  • File: PDF, 378 page
  • ISBN: 9781538110461
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Poverty and Power argues that American poverty is not due to individual failings but rather to broader structural forces. The third edition features new material on the current political climate, the shortage of quality job opportunities, the implications of the Trump presidency, and more.

Why Nations Fail

Why Nations Fail


  • Release: 2012
  • Publisher: Crown Business
  • Price: FREE
  • File: PDF, 529 page
  • ISBN: 9780307719218
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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.