Seven Bad Ideas

Author: Jeff Madrick
Editor: Vintage
ISBN: 0307961192
File Size: 30,42 MB
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A bold indictment of some of our most accepted mainstream economic theories—why they’re wrong, and how they’ve been harming America and the world. Budget deficits are bad. A strong dollar is good. Controlling inflation is paramount. Pay reflects greater worker skills. A deregulated free market is fair and effective. Theories like these have become mantras among American economists both liberal and conservative over recent decades. Validated originally by patron saints like Milton Friedman, they’ve assumed the status of self-evident truths across much of the mainstream. Jeff Madrick, former columnist for The New York Times and Harper’s, argues compellingly that a reconsideration is long overdue. Since the financial turmoil of the 1970s made stagnating wages and relatively high unemployment the norm, Madrick argues, many leading economists have retrenched to the classical (and outdated) bulwarks of theory, drawing their ideas more from purist principles than from the real-world behavior of governments and markets—while, ironically, deeply affecting those governments and markets by their counsel. Madrick atomizes seven of the greatest false idols of modern economic theory, illustrating how these ideas have been damaging markets, infrastructure, and individual livelihoods for years, causing hundreds of billions of dollars of wasted investment, financial crisis after financial crisis, poor and unequal public education, primitive public transportation, gross inequality of income and wealth and stagnating wages, and uncontrolled military spending. Using the Great Recession as his foremost case study, Madrick shows how the decisions America should have made before, during, and after the financial crisis were suppressed by wrongheaded but popular theory, and how the consequences are still disadvantaging working America and undermining the foundations of global commerce. Madrick spares no sinners as he reveals how the “Friedman doctrine” has undermined the meaning of citizenship and community, how the “Great Moderation” became a great jobs emergency, and how economists were so concerned with getting the incentives right for Wall Street that they got financial regulation all wrong. He in turn examines the too-often-marginalized good ideas of modern economics and convincingly argues just how beneficial they could be—if they can gain traction among policy makers. Trenchant, sweeping, and empirical, Seven Bad Ideas resoundingly disrupts the status quo of modern economic theory.

Between You And Your Doctor

Author: United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Domestic Policy
Editor:
ISBN:
File Size: 18,55 MB
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Belgravia

Author:
Editor:
ISBN:
File Size: 76,96 MB
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The Seven Summits Of Success

Author: Robert Heller
Editor: Capstone Publishing
ISBN:
File Size: 68,17 MB
Format: PDF, ePub
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When Rebecca Stephens first formed her goal of climbing Everest she was a young journalist with hardly any climbing experience, but with a strong vision and limitless determination to achieve her dream. It was a highly ambitious goal for such an inexperienced climber. Yet only four years on, she became the first British woman to climb the highest mountain in the world. That achievement led directly to her second great ambition: to be the first British woman to climb the Seven Summits, the tallest peak on each of the world's seven continents. In this inspiring book, Rebecca Stephens and management guru Robert Heller join forces to explore the mental skills, practical abilities and psychological powers that enabled her to achieve her dream. Whatever your personal ambition may be, the lessons of this unique book will lead you to identify, master and scale your own individual heights.

Turning Ideas Into Action

Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Oceans, Atmosphere, Fisheries, and Coast Guard
Editor:
ISBN:
File Size: 10,54 MB
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The Politics Of Bad Ideas

Author: Bryan D. Jones
Editor: Routledge
ISBN:
File Size: 76,41 MB
Format: PDF, Docs
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This highly anticipated addition to the “Great Questions in Politics” series offers a provocative argument about the persistence of bad ideas in shaping American economic policy. The result of a collaboration between political scientist Bryan D. Jones and economist Walter Williams, The Politics of Bad Ideas is indispensable reading for any study of American government, public policy, or economic and budgetary analysis. The Politics of Bad Ideas examines why, over the last quarter century, bad economic ideas -- such as cutting taxes without cutting spending -- have become so influential in shaping government policies. Using in-depth research and trenchant political and economic analysis, the book explores why those bad ideas continue to survive despite overwhelming evidence that they in fact cause damage to the federal government's long-term fiscal stability and the American economy.

Familiar Science Studies

Author: Richard Anthony Proctor
Editor:
ISBN:
File Size: 28,76 MB
Format: PDF
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Four Central Theories Of The Market Economy

Author: Farhad Rassekh
Editor: Routledge
ISBN: 1134864590
File Size: 18,75 MB
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This highly original work offers an intellectual history of four central theories underlying the market economic system, focusing on their conception, evolution, and applications. Four Central Theories of the Market Economy traces the root of the theories, their conception and articulation, as well as their evolutions to the present time. It focuses on the four theories that are generally recognized as fundamental to the discipline of economics: the invisible hand, comparative advantage, the law of markets, and the quantity theory of money. These theories have profoundly influenced the world. Chapters explore their rich intellectual history from classical Greece to today, drawing on the original works of the great economic minds of the classical era and other thinkers who prepared the path for them, as well as those who refined their works or challenged them. This volume will leave the reader with a deep understanding of these pillars of the market economic system in the context of their historical development. This book will be of great interest to all scholars and students of economics who are interested in the intellectual history of their discipline as well as scholars and students of intellectual history who are interested in economics.

The Seven Keys To Superefficiency

Author: Winston Fletcher
Editor:
ISBN: 9780283993404
File Size: 56,67 MB
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Art History Art Criticism And Art Production Case Studies Of Seven Selected Sites

Author: Michael Day
Editor: Rand Corporation
ISBN:
File Size: 29,61 MB
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This study attempts to discover (1) the factors that generate support for a strong, substantive art education program in a district's curriculum, and (2) what factors influence the willingness and ability of school districts and teachers to carry out and maintain a discipline-based art education that strives for balance among the historical, critical, and productive domains of the visual arts. It uses case studies of seven sites (Whitehall, Ohio; Hopkins, Minnesota; Palo Alto, California; Decatur and Champaign, Illinois; Brooklyn, New York; Milwaukee, Wisconsin; and Virginia Beach, Virginia). As a group, the case studies illustrate the importance of support from school board members, superintendents, and principals, of a written curriculum, and of in-service training. They provide examples of school-museum collaboration, and dispel the notion that systematic instruction compromises or constrains individual creativity.

Pioneers Of The Seven Seas

Author: Alan Villiers
Editor:
ISBN:
File Size: 76,19 MB
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Seven Plays

Author: Bertolt Brecht
Editor: New York : Grove Press
ISBN:
File Size: 38,27 MB
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A selection of plays by Betolt Brecht in one volume. His major works. In these seven plays, one can trace the entire curve of Brecht's amazing career as a dramatist.

Seven Shifts

Author: Jack Common
Editor:
ISBN:
File Size: 78,71 MB
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Seven Weeks To Better Sex

Author: Domeena Renshaw
Editor: Dell
ISBN: 9780440507529
File Size: 14,97 MB
Format: PDF, ePub, Mobi
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The founder-director of the Loyola Sex Therapy Clinic introduces a program designed to help overcome sexual problems, offering information on intimacy, body image, communication, sexual pitfalls, and more

Seven Plays Of The Modern Theater

Author: Harold Clurman
Editor: New York : Grove Press
ISBN: 9780394174778
File Size: 58,10 MB
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Seven Seas Seven Mountains

Author: C. S. Lakshmi
Editor:
ISBN:
File Size: 26,83 MB
Format: PDF
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Invisible Americans

Author: Jeff Madrick
Editor: Knopf
ISBN: 0451494180
File Size: 47,10 MB
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An essential, and impossible-to-ignore, examination of one of the most pressing, harmful, and heartbreaking problems facing our country: the widespread poverty among American children. By official count, more than one out of every six American children live beneath the poverty line. But statistics alone tell little of the story. In Invisible Americans, Jeff Madrick brings to light the often invisible reality and irreparable damage of child poverty in America. Keeping his focus on the children, he examines the roots of the problem, including the toothless remnants of our social welfare system, entrenched racism, and a government unmotivated to help the most voiceless citizens. Backed by new and unambiguous research, he makes clear the devastating consequences of growing up poor: living in poverty, even temporarily, is detrimental to cognitive abilities, emotional control, and the overall health of children. The cost to society is incalculable. The inaction of politicians is unacceptable. Still, Madrick argues, there may be more reason to hope now than ever before. Rather than attempting to treat the symptoms of poverty, we might be able to ameliorate its worst effects through a single, simple, and politically feasible policy that he lays out in this impassioned and urgent call to arms.