Markets On Trial


Book Description

Since the mid-20th century, organizational theorists have increasingly distanced themselves from the study of core societal power centers and important policy issues of the day. This title addresses the global financial crisis debates and struggles around how to organize economies and societies around the world.







Capitalizing on Crisis


Book Description

In the context of the recent financial crisis, the extent to which the U.S. economy has become dependent on financial activities has been made abundantly clear. In Capitalizing on Crisis, Greta Krippner traces the longer-term historical evolution that made the rise of finance possible, arguing that this development rested on a broader transformation of the U.S. economy than is suggested by the current preoccupation with financial speculation. Krippner argues that state policies that created conditions conducive to financialization allowed the state to avoid a series of economic, social, and political dilemmas that confronted policymakers as postwar prosperity stalled beginning in the late 1960s and 1970s. In this regard, the financialization of the economy was not a deliberate outcome sought by policymakers, but rather an inadvertent result of the state’s attempts to solve other problems. The book focuses on deregulation of financial markets during the 1970s and 1980s, encouragement of foreign capital into the U.S. economy in the context of large fiscal imbalances in the early 1980s, and changes in monetary policy following the shift to high interest rates in 1979. Exhaustively researched, the book brings extensive new empirical evidence to bear on debates regarding recent developments in financial markets and the broader turn to the market that has characterized U.S. society over the last several decades.




To Lower Interest Rates


Book Description







Economics, the Environment and Our Common Wealth


Book Description

If youre interested in the cutting-edge of the very best thinking on economics and the environment, its right here. Boyce has done a masterful job integrating issues of equity and ecological thinking into economics, and presenting deep and important ideas accessibly with the latest research to back them up. Not just recommended, but essential. Juliet Schor, Boston College, US and author of True Wealth: How and Why Millions of Americans are Creating a Time-rich, Ecologically-light, Small-scale, High-satisfaction Economy A colleague of mine puts it best: when thinking about the fundamentals of the economy and the environment, there is Pigou, Coase, and Boyce. Boyce adds to traditional economics the critical understanding that social power is a determinant of the extent and spatial scale of environmental degradation. In these essays, on subjects ranging from housing and credit markets to agriculture and globalization, Boyce mixes a data-driven picture of unequal environmental protection with a keen and useful discussion of the many forms of social power that can help right the scales. Eban Goodstein, Bard College, US This fascinating volume has at its heart a simple but powerful premise: that a clean and safe environment is not a commodity to be allocated on the basis of purchasing power, nor a privilege to be allocated through political power, but rather a basic human right. Building upon this premise, James K. Boyce explores the many ways in which economics can be refashioned into an instrument for advancing human well-being and environmental health. Comprising a decades worth of essays written since the publication of the authors pathbreaking book, The Political Economy of the Environment (2002), this volume discusses a number of diverse environmental issues through an economists lens. Topics covered include environmental justice, disaster response, globalization and the environment, industrial toxins and other pollutants, cap-and-dividend climate policies, and agricultural biodiversity. The first economics book to explore the idea that the environment belongs in equal measure to us all, this pioneering volume will hold great interest for students, professors and researchers of both economics and environmental studies.




Economist in an Uncertain World


Book Description

Posits that an examination of Burns' tenure as the Chairman of the powerful Federal Reserve Board during most of the 1970s helps to explain the U.S. economy today.