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The Case for Big Government (The Public Square #9)
Par Jeff Madrick. 2010
Political conservatives have long believed that the best government is a small government. But if this were true, noted economist…
Jeff Madrick argues, the nation would not be experiencing stagnant wages, rising health care costs, increasing unemployment, and concentrations of wealth for a narrow elite. In this perceptive and eye-opening book, Madrick proves that an engaged government--a big government of high taxes and wise regulations--is necessary for the social and economic answers that Americans desperately need in changing times. He shows that the big governments of past eras fostered greatness and prosperity, while weak, laissez-faire governments marked periods of corruption and exploitation. The Case for Big Government considers whether the government can adjust its current policies and set the country right. Madrick explains why politics and economics should go hand in hand; why America benefits when the government actively nourishes economic growth; and why America must reject free market orthodoxy and adopt ambitious government-centered programs. He looks critically at today's politicians--at Republicans seeking to revive nineteenth-century principles, and at Democrats who are abandoning the pioneering efforts of the Great Society. Madrick paints a devastating portrait of the nation's declining social opportunities and how the economy has failed its workers. He looks critically at today's politicians and demonstrates that the government must correct itself to address these serious issues. A practical call to arms, The Case for Big Government asks for innovation, experimentation, and a willingness to fail. The book sets aside ideology and proposes bold steps to ensure the nation's vitality.Innovation and Its Discontents: How Our Broken Patent System is Endangering Innovation and Progress, and What to Do About It
Par Adam B. Jaffe, Josh Lerner. 2004
The United States patent system has become sand rather than lubricant in the wheels of American progress. Such is the…
premise behind this provocative and timely book by two of the nation's leading experts on patents and economic innovation. Innovation and Its Discontents tells the story of how recent changes in patenting--an institutional process that was created to nurture innovation--have wreaked havoc on innovators, businesses, and economic productivity. Jaffe and Lerner, who have spent the past two decades studying the patent system, show how legal changes initiated in the 1980s converted the system from a stimulator of innovation to a creator of litigation and uncertainty that threatens the innovation process itself. In one telling vignette, Jaffe and Lerner cite a patent litigation campaign brought by a a semi-conductor chip designer that claims control of an entire category of computer memory chips. The firm's claims are based on a modest 15-year old invention, whose scope and influenced were broadened by secretly manipulating an industry-wide cooperative standard-setting body. Such cases are largely the result of two changes in the patent climate, Jaffe and Lerner contend. First, new laws have made it easier for businesses and inventors to secure patents on products of all kinds, and second, the laws have tilted the table to favor patent holders, no matter how tenuous their claims. After analyzing the economic incentives created by the current policies, Jaffe and Lerner suggest a three-pronged solution for restoring the patent system: create incentives to motivate parties who have information about the novelty of a patent; provide multiple levels of patent review; and replace juries with judges and special masters to preside over certain aspects of infringement cases. Well-argued and engagingly written, Innovation and Its Discontents offers a fresh approach for enhancing both the nation's creativity and its economic growth.The Journal of Law and Economics, volume 66 number 4 (November 2023)
Par The Journal of Law and Economics. 2023
This is volume 66 issue 4 of The Journal of Law and Economics. Established in 1958, the Journal of Law…
and Economics publishes research on a broad range of topics, including the economic analysis of law, the economic analysis of regulation and the behavior of regulated firms, industrial organization and antitrust policy, the political economy of legislation and legislative processes, law and finance, and corporate finance and governance. The JLE has published some of the most influential and widely cited articles in these areas. It is an invaluable resource for academics and those interested in cutting-edge analysis of current public policy issues.Constitutional Law for the Criminal Justice Professional
Par Carl J. Franklin. 1999
Written in a simple, straightforward manner, this book will help today's criminal justice student better understand con law issues as…
well as the complicated development of constitutional rights and law. In its simple, easy to understand format, this book is a must for both current criminal justice professionals and students studying to enter the pKnowledge Management Handbook: Collaboration and Social Networking, Second Edition
Par Jay Liebowitz. 2012
Recent research shows that collaboration and social networking foster knowledge sharing and innovation by sparking new connections, ideas, and practices.…
Yet these informal networks are often misunderstood and poorly managed. Building on the groundbreaking, bestselling first edition, Knowledge Management Handbook: Collaboration and Social NetworkinEducating Scientists and Engineers for Academic and Non-Academic Career Success (ISSN)
Par James Speight. 2015
In an increasingly technological world, the education of scientists and engineers has become an activity of growing importance. Educating Scientists…
and Engineers for Academic and Non-Academic Career Success focuses on the structure of the current educational system and describes the transformations needed to ensure the adequate education of futureThe world’s people and their leaders face a complex and multifaceted set of ‘eco-social questions’. As the productivity of humanity…
increases, the negative external environmental effects of production and consumption patterns become increasingly problematic and threaten the human welfare. As the regulating power of national and international governments is limited, this challenge has generated a strong interest in the corporate social responsibility (CSR) of companies. Firms find it increasingly important to meet the expectations of stakeholders with respect to the company’s contribution to profit, planet, and people. The primary aim of this book is to introduce the reader to the impacts and drivers of CSR, with a special focus on small and medium-sized enterprises (SMEs). Research into the social and environmental impacts of CSR is rare. This is a serious gap because if CSR were to fail to have favourable social and environmental impacts on society, the whole concept may become redundant. If societal impacts of CSR are substantial, it is important to know the drivers of CSR. This book considers (1) factors internal to the company, (2) the competitive environment of the company, (3) institutions external to the company, and (4) how the impacts of institutions are mediated or moderated by company internal factors.This book will fill this gap by estimating various types of models that integrate external and internal factors driving CSR and its impacts on environment, innovation, and reputation, making it a valuable resource for researchers, academics, and students in the fields of business management and CSR.Knowledge Management and E-Learning
Par Jay Liebowitz, Michael S. Frank. 2011
The rapidly growing demand for online courses and supporting technology has resulted in a plethora of structural and functional changes…
and challenges for universities and colleges. These changes have led many distance education providers to recognize the value of understanding the fundamental concepts of both e-learning and knowledge management (KPharmaceutical Supply Chain: Drug Quality and Security Act
Par Fred A. Kuglin. 2016
Error-proofing in the production process of pharmaceuticals isn‘t just a matter of good business, it has life-and-death implications for consumers.…
To that end, the 2013 Drug Quality and Security Act in large part requires new mandates on tracking and tracing chain of custody in the supply chain. Pharmaceutical Supply Chain: Drug Quality and SecuriTaming the Octopus: The Long Battle for the Soul of the Corporation
Par Kyle Edward Williams. 2024
The untold story of how efforts to hold big business accountable changed American capitalism. Recent controversies around environmental, social, and…
governance (ESG) investing and “woke capital” evoke an old idea: the Progressive Era vision of a socially responsible corporation. By midcentury, the notion that big business should benefit society was a consensus view. But as Kyle Edward Williams’s brilliant history, Taming the Octopus, shows, the tools forged by New Deal liberals to hold business leaders accountable, such as the Securities and Exchange Commission, narrowly focused on the financial interests of shareholders. This inadvertently laid the groundwork for a set of fringe views to become dominant: that market forces should rule every facet of society. Along the way, American capitalism itself was reshaped, stripping businesses to their profit-making core. In this vivid and surprising history, we meet activists, investors, executives, and workers who fought over a simple question: Is the role of the corporation to deliver profits to shareholders, or something more? On one side were “business statesmen” who believed corporate largess could solve social problems. On the other were libertarian intellectuals such as Milton Friedman and his oft-forgotten contemporary, Henry Manne, whose theories justified the ruthless tactics of a growing class of corporate raiders. But Williams reveals that before the “activist investor” emerged as a capitalist archetype, Civil Rights groups used a similar playbook for different ends, buying shares to change a company from within. As a rising tide of activists pushed corporations to account for societal harms from napalm to environmental pollution to inequitable hiring, a new idea emerged: that managers could maximize value for society while still turning a maximal profit. This elusive ideal, “stakeholder capitalism,” still dominates our headlines today. Williams’s necessary history equips us to reconsider democracy’s tangled relationship with capitalism.Business and Government in Canada (Governance Series)
Par Jeffrey Roy. 2007
Boundaries between business and government are increasingly fluid and often transcended. Yet it remains important to acknowledge and make appropriate…
use of the fundamental differences between these sectors. Five areas that offer the most critical challenges to business and government in Canada today are corporate governance, lobbying and influence, security and privacy, public-private partnerships, and geography and development. This book is an exploration of the systemic dynamics of the inter-sectoral governance that shape the collective performance of Canada's national jurisdiction. Three perspectives of the relational dynamics between business and government, drawn from leading Canadian scholars, are adopted in order to frame the examination of independence, influence, and interdependence. This book makes a case for the advancement of “virtuous hybrids,” while pointing out the challenges that remain in terms of the formation and successful performance of such hybrids in Canada, a challenge that calls for political leadership as well as social learning. An informed and engaged public, wearing multiple hats (i.e. as voter, shareholder, employee, activist etc.) would be the ultimate arbiter of sectoral and collective performance.The Fight to Save the Town: Reimagining Discarded America
Par Michelle Wilde Anderson. 2022
A sweeping and eye-opening study of wealth inequality and the dismantling of local government in four working-class US cities that…
passionately argues for reinvestment in people-centered leadership and offers &“a welcome reminder of what government can accomplish if given the chance&” (San Francisco Chronicle).Decades of cuts to local government amidst rising concentrations of poverty have wreaked havoc on communities left behind by the modern economy. Some of these discarded places are rural. Others are big cities, small cities, or historic suburbs. Some vote blue, others red. Some are the most diverse communities in America, while others are nearly all white, all Latino, or all Black. All are routinely trashed by outsiders for their poverty and their politics. Mostly, their governments are just broke. Forty years after the anti-tax revolution began protecting wealthy taxpayers and their cities, our high-poverty cities and counties have run out of services to cut, properties to sell, bills to defer, and risky loans to take.In this &“astute and powerful vision for improving America&” (Publishers Weekly), urban law expert and author Michelle Wilde Anderson offers unsparing, humanistic portraits of the hardships left behind in four such places. But this book is not a eulogy or a lament. Instead, Anderson travels to four blue-collar communities that are poor, broke, and progressing. Networks of leaders and residents in these places are facing down some of the hardest challenges in American poverty today. In Stockton, California, locals are finding ways, beyond the police department, to reduce gun violence and treat the trauma it leaves behind. In Josephine County, Oregon, community leaders have enacted new taxes to support basic services in a rural area with fiercely anti-government politics. In Lawrence, Massachusetts, leaders are figuring out how to improve job security and wages in an era of backbreaking poverty for the working class. And a social movement in Detroit, Michigan, is pioneering ways to stabilize low-income housing after a wave of foreclosures and housing loss.Our smallest governments shape people&’s safety, comfort, and life chances. For decades, these governments have no longer just reflected inequality—they have helped drive it. But it doesn&’t have to be that way. Anderson shows that &“if we learn to save our towns, we will also be learning to save ourselves&” (The New York Times Book Review).Technological Advances in Interactive Collaborative Learning
Par Nia Alexandrov, Raul Ramirez Velarde, Vassil Alexandrov. 2013
Exploring the latest developments in the technology and pedagogy of higher education, Technological Advances in Interactive Collaborative Learning presents information…
technology-oriented educational programs for the next generation of scientists and researchers. It highlights the importance of technology, pedagogy, and management in the higher eduBeyond the Grave: The Right Way and the Wrong Way of Leaving Money to Your Children (and Others)
Par Jeffery L. Condon. 1995
This expert, one-of-a-kind handbook shows you how to ensure that your inheritance instructions will be carried out the way you…
want them to be; protect your children's inheritance from creditors, ex-spouses, addictions, tax troubles, mismanagement, squandering, and other risks of loss; prevent family conflict that can arise when parents die and children divide the "family money"; leave more money to your children and grandchildren, and less to the IRS; avoid creating inheritance problems in your family with "cautionary tales" of inheritance planning gone bad; understand why you still have to deal with estate tax issues even if your net worth falls below the new death-tax-exemption.21st Century Monetary Policy: The Federal Reserve From The Great Inflation To Covid-19
Par Ben S. Bernanke. 2022
21st Century Monetary Policy takes readers inside the Federal Reserve, explaining what it does and why. In response to the…
COVID-19 pandemic, the Federal Reserve deployed an extraordinary range of policy tools that helped prevent the collapse of the financial system and the U.S. economy. Chair Jerome Powell and his colleagues lent directly to U.S. businesses, purchased trillions of dollars of government securities, pumped dollars into the international financial system, and crafted a new framework for monetary policy that emphasized job creation. These strategies would have astonished Powell’s late-20th-century predecessors, from William McChesney Martin to Alan Greenspan, and the advent of these tools raises new questions about the future landscape of economic policy. In 21st Century Monetary Policy, Ben S. Bernanke—former chair of the Federal Reserve and one of the world’s leading economists—explains the Fed’s evolution and speculates on its future. Taking a fresh look at the bank’s policymaking over the past seventy years, including his own time as chair, Bernanke shows how changes in the economy have driven the Fed’s innovations. He also lays out new challenges confronting the Fed, including the return of inflation, cryptocurrencies, increased risks of financial instability, and threats to its independence. Beyond explaining the central bank’s new policymaking tools, Bernanke also captures the drama of moments when so much hung on the Fed’s decisions, as well as the personalities and philosophies of those who led the institution.Political Economy as Theodicy: Progress, Suffering and Denial (ISSN)
Par David L. Blaney. 2024
Political Economy as Theodicy: Progress, Suffering and Denial proposes that political economics operates within a theological symbolic order that dictates…
modern sociopolitical and economic life as a whole.This book revisits the work of key figures in the history of political economy and economic thought – primarily Adam Smith, Bernard Mandeville, David Hume, Thomas Malthus, W. Stanley Jevons, Alfred Marshall and John Bates Clark. Theodicy is a constitutive element of an international political economy (IPE) that often disavows moral evil, while it conversely redefines such evil as an actual good within economic life. Beginning with the Enlightenment thinkers and continuing through to the modern neoclasscial economists, this book traces the initial emergence of a natural theological basis for political economic thinking and concludes with a discussion of its application in modern IPE. Relying upon a postcolonial framework, the author seeks to provincialize economics, creating space for alternative modes of being and doing.This book will appeal to scholars and advanced students of IPE, political theology, international relations and postcolonial studies.You are being surveilled right now. This sweeping exposé reveals how the U.S. government allied with data brokers, tech companies,…
and advertisers to monitor us through the phones we carry and the devices in our home.&“A revealing . . . startling . . . timely . . . fascinating, sometimes terrifying examination of the decline of privacy in the digital age.&”—Kirkus Reviews&“That evening, I was given a glimpse inside a hidden world. . . . An entirely new kind of surveillance program—one designed to track everyone.&”For the past five years—ever since a chance encounter at a dinner party—journalist Byron Tau has been piecing together a secret story: how the whole of the internet and every digital device in the world became a mechanism of intelligence, surveillance, and monitoring.Of course, our modern world is awash in surveillance. Most of us are dimly aware of this: Ever get the sense that an ad is &“following&” you around the internet? But the true potential of our phones, computers, homes, credit cards, and even the tires underneath our cars to reveal our habits and behavior would astonish most citizens. All of this surveillance has produced an extraordinary amount of valuable data about every one of us. That data is for sale—and the biggest customer is the U.S. government.In the years after 9/11, the U.S. government, working with scores of anonymous companies, many scattered across bland Northern Virginia suburbs, built a foreign and domestic surveillance apparatus of breathtaking scope—one that can peer into the lives of nearly everyone on the planet. This cottage industry of data brokers and government bureaucrats has one directive—&“get everything you can&”—and the result is a surreal world in which defense contractors have marketing subsidiaries and marketing companies have defense contractor subsidiaries. And the public knows virtually nothing about it.Sobering and revelatory, Means of Control is the defining story of our dangerous grand bargain—ubiquitous cheap technology, but at what price?Statistical Tools for Program Evaluation: Methods and Applications to Economic Policy, Public Health, and Education
Par Jean-Michel Josselin, Benoît Le Maux. 2017
This book provides a self-contained presentation of the statistical tools required for evaluating public programs, as advocated by many governments,…
the World Bank, the European Union, and the Organization for Economic Cooperation and Development. After introducing the methodological framework of program evaluation, the first chapters are devoted to the collection, elementary description and multivariate analysis of data as well as the estimation of welfare changes. The book then successively presents the tools of ex-ante methods (financial analysis, budget planning, cost-benefit, cost-effectiveness and multi-criteria evaluation) and ex-post methods (benchmarking, experimental and quasi-experimental evaluation). The step-by-step approach and the systematic use of numerical illustrations equip readers to handle the statistics of program evaluation. It not only offers practitioners from public administrations, consultancy firms and nongovernmental organizations the basic tools and advanced techniques used in program assessment, it is also suitable for executive management training, upper undergraduate and graduate courses, as well as for self-study.