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Using historical and recent case studies as well as behavioral experiments, the author shows how well-designed incentives can encourage the civic motives on which good governance... Read more
Samuel Bowles directs the Behavioral Sciences Program at the Santa Fe Institute and is the author of Microeconomics: Behavior, Institutions, and Evolution; A Cooperative Species: Human Reciprocity and Its Evolution (with Herbert Gintis);andThe New Economics of Inequality and Redistribution.
Adam Smith was an eloquent man of considerable philosophical and historical learning. His most incisive and enduring observations are collected here on subjects ranging from political and economic history to morals, art, education, war, and the American colonies. Throughout, notes an admirer in the introduction, "his writing is blessedly free of that use of jargon (and mathematics) that...
This text by one of Europe's leading economists covers a wide variety of public economics issues with great clarity and precision, illustrating them with a wealth of carefully-chosen examples and problems.
It is widely believed that the free market is the best mechanism ever invented to efficiently allocate resources in society. This title argues that our faith in 'free markets' has severely distorted American politics and punishment practices.
Summary of Thomas Piketty's book. In the U.S., for the last 40 years, the top 1 percent of the population have drastically increased their share in total income. Piketty explains issues of income concentration and provides an analysis of capitalism. He demonstrates that the rising inequality is a crucial part of modern capitalism. Check out new books by I.K. Mullins: >>> Business Adventures...
The ideal of freedom is at the heart of our political and economic system. It is foundational to our sense of justice, our way of life, our conception of what it is to be human. But are we free in the way that we think we are? ...
This is critical commentary on the weaknesses of the international financial system as they appeared in the 1970s and early 1980s. Written in a clear, accessible style, it challenges conventional ideas on the role of money in world society.
Why do humans, uniquely among animals, cooperate in large numbers to advance projects for the common good? Contrary to the conventional wisdom in biology and economics, this generous and civic-minded behavior is widespread and cannot be explained simply by far-sighted self-interest or a desire to help close genealogical kin....
Presents an introduction to modern microeconomic theory. This book develops a theory of how economic institutions shape individual behavior, and how institutions evolve due to individual actions, technological change, and chance events. It addresses institutional innovation, social preferences, nonmarket social interactions, and social capital.
This work questions the extent to which the American Constitution furthers democratic goals. It reveals the Constitution's potentially antidemocratic elements and explains why they are there, compares the American constitutional system to other democratic systems, and more.
Explores the status and authority of law and the nature of political allegiance through close readings of three classic Hollywood Westerns: Howard Hawks' "Red River" and John Ford's "The Man Who Shot Liberty Valance" and "The Searchers". The author treats these films as sophisticated mythic accounts of a key moment in American history.
Looks at the ways the global form of capitalism affects our lives. This book analyzes how changes in work ethic, in our attitudes toward merit and talent, and in public and private institutions contributes to 'the spectre of uselessness'. It concludes with suggestions to counter this disturbing culture.
Taking John Stuart Mill's famous 1859 essay "A Few Words on Non-Intervention" as his starting point, the author addresses the thorny issue of when a state's sovereignty should be respected and when it should be overridden or disregarded by other states in the name of humanitarian protection, national self-determination, or national security.
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