Karl Polanyi


Book Description

Karl Polanyi’s The Great Transformation is generally acclaimed as being among the most influential works of economic history in the twentieth century, and remains as vital in the current historical conjuncture as it was in his own. In its critique of nineteenth-century ‘market fundamentalism’ it reads as a warning to our own neoliberal age, and is widely touted as a prophetic guidebook for those who aspire to understand the causes and dynamics of global economic turbulence at the end of the 2000s. Karl Polanyi: The Limits of the Market is the first comprehensive introduction to Polanyi’s ideas and legacy. It assesses not only the texts for which he is famous – prepared during his spells in American academia – but also his journalistic articles written in his first exile in Vienna, and lectures and pamphlets from his second exile, in Britain. It provides a detailed critical analysis of The Great Transformation, but also surveys Polanyi’s seminal writings in economic anthropology, the economic history of ancient and archaic societies, and political and economic theory. Its primary source base includes interviews with Polanyi’s daughter, Kari Polanyi-Levitt, as well as the entire compass of his own published and unpublished writings in English and German. This engaging and accessible introduction to Polanyi’s thinking will appeal to students and scholars across the social sciences, providing a refreshing perspective on the roots of our current economic crisis.







Education pamphlets


Book Description




IMF and the Force of History


Book Description

The world and the IMF have undergone profound changes since the Bretton Woods Conference. James Boughton, former historian of the IMF, looks at key events that have shaped the IMF and the international scene. From the Paris Peace Conference in 1919 to the Great Recession, this essay focuses on 11 events in history that have influenced the design and work of the IMF, as well as the international monetary system. This booklet, prepared for the 70th anniversary of the IMF, is an excerpt from a longer essay that is available on the IMF eLibrary. It is an excellent primer on the motivation behind the founding of the IMF and the evolution of the organization.




The Great Stagnation


Book Description

Tyler Cowen’s controversial New York Times bestseller—the book heard round the world that ignited a firestorm of debate and redefined the nature of America’s economic malaise. America has been through the biggest financial crisis since the great Depression, unemployment numbers are frightening, media wages have been flat since the 1970s, and it is common to expect that things will get worse before they get better. Certainly, the multidecade stagnation is not yet over. How will we get out of this mess? One political party tries to increase government spending even when we have no good plan for paying for ballooning programs like Medicare and Social Security. The other party seems to think tax cuts will raise revenue and has a record of creating bigger fiscal disasters that the first. Where does this madness come from? As Cowen argues, our economy has enjoyed low-hanging fruit since the seventeenth century: free land, immigrant labor, and powerful new technologies. But during the last forty years, the low-hanging fruit started disappearing, and we started pretending it was still there. We have failed to recognize that we are at a technological plateau. The fruit trees are barer than we want to believe. That's it. That is what has gone wrong and that is why our politics is crazy. In The Great Stagnation, Cowen reveals the underlying causes of our past prosperity and how we will generate it again. This is a passionate call for a new respect of scientific innovations that benefit not only the powerful elites, but humanity as a whole.







Pamphlets of the American Revolution, 1750-1776: 1750-1765


Book Description

"This is the first volume of a four-volume set that will reprint in their entirety the texts of 72 pamphlets relating to the Anglo-American controversy that were published in America in the years 1750-1776. They have been selected from the corpus of the pamphlet literature on the basis of their importance in the growth of American political and social ideas, their role in the debate with England over constitutional rights, and their literary merit. All of the best known pamphlets of the period, such as James Otis' Rights of the British Colonies (1764), John Dickinson's Farmers Letters (1768), and Thomas Paine's Common Sense (1776) are to be included. In addition there are lesser known ones particularly important in the development of American constitutional thought: Stephen Johnson's Some Important Observations (1766), John Joachim Zublys An Humble Enquiry (1769), Ebenezer Baldwins An Appendix Stating the Heavy Grievances (1774), and Four Letters on Interesting Subjects (1776). There are also pamphlets illustrative of the sheer vituperation of the Revolutionary polemics, and others selected for their more elevated literary merit. Both sides of the Anglo-American dispute and all genres of expression -- poetry, dramatic dialogues, sermons, treatises, documentary collections, political "position papers" -- that appeared in this form are included. Each pamphlet is introduced by an essay written by the editor containing a biographical sketch of the author of the document, an analysis of the circumstances that led to the writing of it, and an interpretation of its contents. The texts are edited for the convenience of the modern reader according to a scheme that preserves scrupulously the integrity of every word written but that frees the text from the encumbrances of 18th-century printing practices. All references to writings, people, and events that are not obvious to the informed modern reader are identified in the editorial apparatus and where necessary explained in detailed notes. This first volume of the set contains the texts of 14 pamphlets through the year 1765. It presents, in addition, a book-length General Introduction by Mr. Bailyn on the ideology of the American Revolution. In the seven chapters of this essay the ideological origins and development of the Revolutionary movement are analyzed in the light of the study of the pamphlet literature that went into the preparation of these volumes. Mr. Bailyn explains that close analysis of this literature allows one to penetrate deeply into the colonists understanding of the events of their time; to grasp more clearly than is otherwise possible the sources of their ideas and their motives in rebelling; and, above all, to see the subtle, fundamental transformation of 18th-century constitutional thought that took place during these years of controversy and that became basic doctrine in America thereafter. Mr. Bailyn stresses particularly the importance in the development of American thought of the writings of a group of early 18th-century English radicals and opposition politicians who transmitted to the colonists most directly the 17th-century tradition of anti-authoritarianism born in the upheaval of the English Civil War. In the context of this 17th- and early 18th-century tradition one sees the political importance in the Revolutionary movement of concepts the 20th century has generally dismissed as mere propaganda and rhetoric: 'slavery,' 'conspiracy,' 'corruption.' It was the meaning these concepts imparted to the events of the time, Mr. Bailyn suggests, as well as the famous Lockean notions of natural rights and social and governmental compacts, that accounts for the origins and the basic characteristics of the American Revolution."--Publisher's description.