Reviving The Invisible Hand

Author : Deepak Lal
Publisher : Princeton University Press
ISBN 13 : 1400837448
Total Pages : 335 pages
Book Rating : 4.41/5 ( download)

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Download or read book Reviving the Invisible Hand written by Deepak Lal and published by Princeton University Press. This book was released on 2010-12-16 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviving the Invisible Hand is an uncompromising call for a global return to a classical liberal economic order, free of interference from governments and international organizations. Arguing for a revival of the invisible hand of free international trade and global capital, eminent economist Deepak Lal vigorously defends the view that statist attempts to ameliorate the impact of markets threaten global economic progress and stability. And in an unusual move, he not only defends globalization economically, but also answers the cultural and moral objections of antiglobalizers. Taking a broad cross-cultural and interdisciplinary approach, Lal argues that there are two groups opposed to globalization: cultural nationalists who oppose not capitalism but Westernization, and "new dirigistes" who oppose not Westernization but capitalism. In response, Lal contends that capitalism doesn't have to lead to Westernization, as the examples of Japan, China, and India show, and that "new dirigiste" complaints have more to do with the demoralization of their societies than with the capitalist instruments of prosperity. Lal bases his case on a historical account of the rise of capitalism and globalization in the first two liberal international economic orders: the nineteenth-century British, and the post-World War II American. Arguing that the "new dirigisme" is the thin edge of a wedge that could return the world to excessive economic intervention by states and international organizations, Lal does not shrink from controversial stands such as advocating the abolishment of these organizations and defending the existence of child labor in the Third World.

Author : Ayad Akhtar
Publisher : Back Bay Books
ISBN 13 : 0316324507
Total Pages : 144 pages
Book Rating : 4.02/5 ( download)

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Download or read book The Invisible Hand written by Ayad Akhtar and published by Back Bay Books. This book was released on 2015-08-25 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: A chilling examination of how far we will go to survive and the consequences of the choices we make. In remote Pakistan, Nick Bright awaits his fate. A successful financial trader, Nick is kidnapped by an Islamic militant group, but with no one negotiating his release, he agrees to an unusual plan. He will earn his own ransom by helping his captors manipulate and master the world commodities and currency markets. "[A] tense, provocative thriller about the unholy nexus of international terrorism and big bucks...." (Seattle Times). "Ahktar again turns hypersensitive subjects into thought-provoking and thoughtful drama" (Newsday). "The prime theme is pulsing and alive: when human lives become just one more commodity to be traded, blood eventually flows in the streets" (Financial Times). "Whip-smart and twisty" (Time Out New York), "The Invisible Hand offers genuine insight into the future of the West" (Village Voice).

Author : Deepak Lal
Publisher : Cato Institute
ISBN 13 : 1938048857
Total Pages : 237 pages
Book Rating : 4.52/5 ( download)

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Download or read book Poverty and Progress written by Deepak Lal and published by Cato Institute. This book was released on 2013-05-03 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his new book, Poverty and Progress: Realities and Myths about Global Poverty, renowned development economist Deepak Lal draws on 50 years of experience around the globe to describe developing-country realities and rectify misguided notions about economic progress. Unique among books that have emerged in recent years on world poverty, Poverty and Progress directly confronts intellectual fads of the West and dismantles a wide range of myths that have obscured an astounding achievement: the unprecedented spread of economic progress around the world that is eliminating the scourge of mass poverty.

Author : Stephen S. Cohen
Publisher : Harvard Business Review Press
ISBN 13 : 1422189821
Total Pages : 240 pages
Book Rating : 4.25/5 ( download)

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Download or read book Concrete Economics written by Stephen S. Cohen and published by Harvard Business Review Press. This book was released on 2016-02-09 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: “an excellent new book” — Paul Krugman, The New York Times History, not ideology, holds the key to growth. Brilliantly written and argued, Concrete Economics shows how government has repeatedly reshaped the American economy ever since Alexander Hamilton’s first, foundational redesign. This book does not rehash the sturdy and long-accepted arguments that to thrive, entrepreneurial economies need a broad range of freedoms. Instead, Steve Cohen and Brad DeLong remedy our national amnesia about how our economy has actually grown and the role government has played in redesigning and reinvigorating it throughout our history. The government not only sets the ground rules for entrepreneurial activity but directs the surges of energy that mark a vibrant economy. This is as true for present-day Silicon Valley as it was for New England manufacturing at the dawn of the nineteenth century. The authors’ argument is not one based on abstract ideas, arcane discoveries, or complex correlations. Instead it is based on the facts—facts that were once well known but that have been obscured in a fog of ideology—of how the US economy benefited from a pragmatic government approach to succeed so brilliantly. Understanding how our economy has grown in the past provides a blueprint for how we might again redesign and reinvigorate it today, for such a redesign is sorely needed.

Author : Ulrich van Suntum
Publisher : Springer Science & Business Media
ISBN 13 : 9783540204978
Total Pages : 284 pages
Book Rating : 4.70/5 ( download)

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Download or read book The Invisible Hand written by Ulrich van Suntum and published by Springer Science & Business Media. This book was released on 2005-03-08 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: An easy-to-read and comprehensive description of the world of economics. Includes simple graphics, comprehensive examples, numerous anecdotes and historical illustrations. Instructive and entertaining at the same time.

Author : Ilan Stavans
Publisher : Random House Digital, Inc.
ISBN 13 : 0805242317
Total Pages : 239 pages
Book Rating : 4.17/5 ( download)

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Download or read book Resurrecting Hebrew written by Ilan Stavans and published by Random House Digital, Inc.. This book was released on 2008 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of the resurrection of the Hebrew language from extinction focuses on the role of Eliezer ben Yehuda in the nineteenth-century revival of Hebrew, as well as the part language plays in Jewish survival, the origins of Israel, Zionism, the Diaspora, and the idea of a promised land. 20,000 first printing.

Author : George Gilder
Publisher : Simon and Schuster
ISBN 13 : 1684513251
Total Pages : 226 pages
Book Rating : 4.53/5 ( download)

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Download or read book Life after Capitalism written by George Gilder and published by Simon and Schuster. This book was released on 2023-05-30 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Author of national bestseller Life After Google and generation-defining Wealth and Poverty, venture capitalist, futurist, and pioneering thinker extraordinaire George Gilder pinpoints how the clash of creativity with power at the heart of economic systems leads to global cognitive dissonance and argues that the creation of the novel taps capitalism's infinite promise and is humanity's only path of escape from stagnation and tyranny. Gilder once more rocks the archetypes of modern information theory and economics with a paradigm-shifting salvo of sheer brilliance. The capitalist era is over—get ready for life after capitalism. For more than two hundred years, capitalism spread wealth around the globe, bringing unprecedented prosperity and progress, liberating human potential. But something has gone terribly wrong in the world economy. Creativity and faith in the future—capitalism’s crucial ingredients—seem to have run out. The elites think they can maintain a nation’s wealth by printing money and investing it in favored industries. Their trust in bureaucratic experts, their cautionary paranoia, and their delusional belief that they can “control” everything from the spread of a virus to the weather, are sucking the life out of the economy. Ordinary people, their freedoms restricted, their prospects dim, are losing their faith in their institutions. Such misguided corporatism and pride, confusion and despair, are the result of a deep misunderstanding of capitalism itself. The bestselling futurist and venture capitalist George Gilder explains why economics is not an incentive system to be manipulated but an information system to be freed. Material resources are essentially as plentiful as the atoms of the universe. What drives economic growth in a free market is our limitless human ingenuity and creativity. Prophetic, inspiring, and paradigm-shifting, Life after Capitalism is a once-in- a-generation classic.

Author : Raghuram Rajan
Publisher : Penguin
ISBN 13 : 0525558330
Total Pages : 466 pages
Book Rating : 4.30/5 ( download)

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Download or read book The Third Pillar written by Raghuram Rajan and published by Penguin. This book was released on 2020-02-25 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: Revised and updated Shortlisted for the Financial Times/McKinsey Business Book of the Year Award From one of the most important economic thinkers of our time, a brilliant and far-seeing analysis of the current populist backlash against globalization. Raghuram Rajan, distinguished University of Chicago professor, former IMF chief economist, head of India's central bank, and author of the 2010 FT-Goldman-Sachs Book of the Year Fault Lines, has an unparalleled vantage point onto the social and economic consequences of globalization and their ultimate effect on our politics. In The Third Pillar he offers up a magnificent big-picture framework for understanding how these three forces--the state, markets, and our communities--interact, why things begin to break down, and how we can find our way back to a more secure and stable plane. The "third pillar" of the title is the community we live in. Economists all too often understand their field as the relationship between markets and the state, and they leave squishy social issues for other people. That's not just myopic, Rajan argues; it's dangerous. All economics is actually socioeconomics - all markets are embedded in a web of human relations, values and norms. As he shows, throughout history, technological phase shifts have ripped the market out of those old webs and led to violent backlashes, and to what we now call populism. Eventually, a new equilibrium is reached, but it can be ugly and messy, especially if done wrong. Right now, we're doing it wrong. As markets scale up, the state scales up with it, concentrating economic and political power in flourishing central hubs and leaving the periphery to decompose, figuratively and even literally. Instead, Rajan offers a way to rethink the relationship between the market and civil society and argues for a return to strengthening and empowering local communities as an antidote to growing despair and unrest. Rajan is not a doctrinaire conservative, so his ultimate argument that decision-making has to be devolved to the grass roots or our democracy will continue to wither, is sure to be provocative. But even setting aside its solutions, The Third Pillar is a masterpiece of explication, a book that will be a classic of its kind for its offering of a wise, authoritative and humane explanation of the forces that have wrought such a sea change in our lives.

Author : Ha-Joon Chang
Publisher : Bloomsbury Publishing USA
ISBN 13 : 1608193586
Total Pages : 305 pages
Book Rating : 4.85/5 ( download)

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Download or read book 23 Things They Don't Tell You about Capitalism written by Ha-Joon Chang and published by Bloomsbury Publishing USA. This book was released on 2011-01-02 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: INTERNATIONAL BESTSELLER "For anyone who wants to understand capitalism not as economists or politicians have pictured it but as it actually operates, this book will be invaluable."-Observer (UK) If you've wondered how we did not see the economic collapse coming, Ha-Joon Chang knows the answer: We didn't ask what they didn't tell us about capitalism. This is a lighthearted book with a serious purpose: to question the assumptions behind the dogma and sheer hype that the dominant school of neoliberal economists-the apostles of the freemarket-have spun since the Age of Reagan. Chang, the author of the international bestseller Bad Samaritans, is one of the world's most respected economists, a voice of sanity-and wit-in the tradition of John Kenneth Galbraith and Joseph Stiglitz. 23 Things They Don't Tell You About Capitalism equips readers with an understanding of how global capitalism works-and doesn't. In his final chapter, "How to Rebuild the World," Chang offers a vision of how we can shape capitalism to humane ends, instead of becoming slaves of the market.

Author : Duncan K. Foley
Publisher : Harvard University Press
ISBN 13 : 0674027078
Total Pages : 284 pages
Book Rating : 4.77/5 ( download)

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Download or read book Adam's Fallacy written by Duncan K. Foley and published by Harvard University Press. This book was released on 2009-06-30 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book could be called "The Intelligent Person's Guide to Economics." The title expresses Duncan Foley's belief that economics at its most abstract and interesting level is a speculative philosophical discourse, not a deductive or inductive science. Adam's fallacy is the attempt to separate the economic sphere of life, in which the pursuit of self-interest is led by the invisible hand of the market to a socially beneficial outcome, from the rest of social life, in which the pursuit of self-interest is morally problematic and has to be weighed against other ends.