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Author: Tamara L. Britton Publisher: ABDO Publishing Company ISBN: 1614802556 Category : Juvenile Nonfiction Languages : en Pages : 34
Book Description
This informative yet approachable title gives students a clear understanding of Economic Systems and encourages them to take part in the Economy in Action! With plenty of kid-friendly examples, this book explains traditional, free market, managed, and mixed economic systems and discusses how they answer key questions. How can a society best use its available resources to produce goods and services, and how can it effectively allocate and distribute them? Famous economists such as Adam Smith, Karl Marx, John Maynard Keynes, and Frederich von Hayek are introduced, as are the economic theories of each. Economic systems as they exist in different countries are examined, compared, and contrasted to give readers an overview of each system's pros and cons and how each affects the incentive and innovation of individuals who live and work in them. By examining Economic Systems, students will be armed with the tips and tools they need for fiscal fitness. Aligned to Common Core Standards and correlated to state standards. Checkerboard Library is an imprint of Abdo Publishing, a division of ABDO.
Author: Klaus Schwab Publisher: John Wiley & Sons ISBN: 1119756138 Category : Business & Economics Languages : en Pages : 311
Book Description
Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.