Author: Morris MarksPublisher:
ISBN:
Category :
Languages : en
Pages : 324
Book Description
The Rise and Fall of Rogoff
Author: Morris MarksThe Cultural Nature of Human Development
Author: Barbara RogoffPublisher: Oxford University Press
ISBN: 0199813620
Category : Social Science
Languages : en
Pages : 449
Book Description
Three-year-old Kwara'ae children in Oceania act as caregivers of their younger siblings, but in the UK, it is an offense to leave a child under age 14 ears without adult supervision. In the Efe community in Zaire, infants routinely use machetes with safety and some skill, although U.S. middle-class adults often do not trust young children with knives. What explains these marked differences in the capabilities of these children? Until recently, traditional understandings of human development held that a child's development is universal and that children have characteristics and skills that develop independently of cultural processes. Barbara Rogoff argues, however, that human development must be understood as a cultural process, not simply a biological or psychological one. Individuals develop as members of a community, and their development can only be fully understood by examining the practices and circumstances of their communities.
This Time Is Different
Author: Carmen M. ReinhartPublisher: Princeton University Press
ISBN: 0691152640
Category : Business & Economics
Languages : en
Pages : 513
Book Description
An empirical investigation of financial crises during the last 800 years.
The Curse of Cash
Author: Kenneth S. RogoffPublisher: Princeton University Press
ISBN: 1400888727
Category : Business & Economics
Languages : en
Pages : 318
Book Description
“A brilliant and lucid new book” (John Lanchester, New York Times Magazine) about why paper money and digital currencies lie at the heart of many of the world’s most difficult problems—and their solutions In The Curse of Cash, acclaimed economist and bestselling author Kenneth Rogoff explores the past, present, and future of currency, showing why, contrary to conventional economic wisdom, the regulation of paper bills—and now digital currencies—lies at the heart some of the world’s most difficult problems, but also their potential solutions. When it comes to currency, history shows that the private sector often innovates but eventually the government regulates and appropriates. Using examples ranging from the history of standardized coinage to the development of paper money, Rogoff explains why the cryptocurrency boom will inevitably end with dominant digital currencies created and controlled by governments, regardless of what Bitcoin libertarians want. Advanced countries still urgently need to stem the global flood of large paper bills—the vast majority of which serve no legitimate purpose and only enable tax evasion and other crimes—but cryptocurrencies are like $100 bills on steroids. The Curse of Cash is filled with revealing insights about many of the most pressing issues facing monetary policymakers, from quantitative easing to alternative inflation targeting regimes. It also explains in detail why, if low interest rates persist, the best way to reinvigorate monetary policy is to implement fully effective and unconstrained negative interest rates. Provocative, engaging, and backed by compelling original arguments and evidence, The Curse of Cash has sparked widespread debate and its ideas have moved to the center of financial and policy discussions.
The Rise and Fall of Neoliberal Capitalism
Author: David M. KotzPublisher: Harvard University Press
ISBN: 0674967186
Category : Business & Economics
Languages : en
Pages : 291
Book Description
The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of financial panic and an unusually severe recession but instead is a structural crisis of neoliberal, or free-market, capitalism. Consequently, continuing stagnation cannot be resolved by policy measures alone. It requires major institutional restructuring. Kotz analyzes the reasons for the rise of free-market ideas, policies, and institutions beginning around 1980. He shows how the neoliberal capitalism that resulted was able to produce a series of long although tepid economic expansions, punctuated by relatively brief recessions, as well as a low rate of inflation. This created the impression of a “Great Moderation.” However, the very same factors that promoted long expansions and low inflation—growing inequality, an increasingly risk-seeking financial sector, and a series of large asset bubbles—were not only objectionable in themselves but also put the economy on an unsustainable trajectory. Kotz interprets the current push for austerity as an attempt to deepen and preserve neoliberal capitalism. However, both economic theory and history suggest that neither austerity measures nor other policy adjustments can bring another period of stable economic expansion. Kotz considers several possible directions of economic restructuring, concluding that significant economic change is likely in the years ahead.
The Rise and Fall of American Growth
Author: Robert J. GordonPublisher: Princeton University Press
ISBN: 1400888956
Category : Business & Economics
Languages : en
Pages : 785
Book Description
How America's high standard of living came to be and why future growth is under threat In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.
A Decade of Debt
Author: Carmen M. ReinhartPublisher: Peterson Inst for International Economics
ISBN: 9780881326222
Category : Political Science
Languages : en
Pages : 157
Book Description
This book presents evidence that public debts in the advanced economies have surged in recent years to levels not recorded since the end of World War II, surpassing the heights reached during the First World War and the Great Depression. At the same time, private debt levels, particularly those of financial institutions and households, are in uncharted territory and are (in varying degrees) a contingent liability of the public sector in many countries. Historically, high leverage episodes have been associated with slower economic growth and a higher incidence of default or, more generally, restructuring of public and private debts. A more subtle form of debt restructuring in the guise of "financial repression" (which had its heyday during the tightly regulated Bretton Woods system) also importantly facilitated sharper and more rapid debt reduction than would have otherwise been the case from the late 1940s to the 1970s. It is conjectured here that the pressing needs of governments to reduce debt rollover risks and curb rising interest expenditures in light of the substantial debt overhang (combined with the widespread "official aversion" to explicit restructuring) are leading to a revival of financial repression-including more directed lending to government by captive domestic audiences (such as pension funds), explicit or implicit caps on interest rates, and tighter regulation on cross-border capital movements.
Deaths of Despair and the Future of Capitalism
Author: Anne CasePublisher: Princeton University Press
ISBN: 0691217068
Category : Business & Economics
Languages : en
Pages : 332
Book Description
A New York Times Bestseller A Wall Street Journal Bestseller A New York Times Notable Book of 2020 A New York Times Book Review Editors’ Choice Shortlisted for the Financial Times and McKinsey Business Book of the Year A New Statesman Book to Read From economist Anne Case and Nobel Prize winner Angus Deaton, a groundbreaking account of how the flaws in capitalism are fatal for America's working class Deaths of despair from suicide, drug overdose, and alcoholism are rising dramatically in the United States, claiming hundreds of thousands of American lives. Anne Case and Angus Deaton explain the overwhelming surge in these deaths and shed light on the social and economic forces that are making life harder for the working class. As the college educated become healthier and wealthier, adults without a degree are literally dying from pain and despair. Case and Deaton tie the crisis to the weakening position of labor, the growing power of corporations, and a rapacious health-care sector that redistributes working-class wages into the pockets of the wealthy. This critically important book paints a troubling portrait of the American dream in decline, and provides solutions that can rein in capitalism's excesses and make it work for everyone.
Homelands
Author: Leonard RogoffPublisher: University of Alabama Press
ISBN: 0817313567
Category : History
Languages : en
Pages : 410
Book Description
Homelands blends oral history, documentary studies, and quantitative research to present a colorful local history with much to say about multicultural identity in the South. Homelands is a case study of a unique ethnic group in North America--small-town southern Jews. Both Jews and southerners, Leonard Rogoff points out, have long struggled with questions of identity and whether to retain their differences or try to assimilate into the nationalculture. Rogoff shows how, as immigrant Jews became small-town southerners,they constantly renegotiated their identities and reinvented their histories. The Durham-Chapel Hill Jewish community was formed during the 1880s and 1890s, when the South was recovering from the Reconstruction era and Jews were experiencing ever-growing immigration as well as challenging the religious traditionalism of the previous 4,000 years. Durham and Chapel Hill Jews, recent arrivals from the traditional societies of eastern Europe, assimilated and secularized as they lessened their differences with other Americans. Some Jews assimilated through intermarriage and conversion, but the trajectory of the community as a whole was toward retaining their religious and ethnic differences while attempting to integrate with their neighbors. The Durham-Chapel Hill area is uniquely suited to the study of the southern Jewish experience, Rogoff maintains, because the region is exemplary of two major trends: the national population movement southward and the rise of Jews into the professions. The Jewish peddler and storekeeper of the 1880s and the doctor and professor of the 1990s, Rogoff says, are representative figures of both Jewish upward mobility and southern progress.
The Road to Global Prosperity
Author: Michael MandelbaumPublisher: Simon and Schuster
ISBN: 1476750017
Category : Business & Economics
Languages : en
Pages : 272
Book Description
Describes the forces driving the next stage of globalization, which the author predicts will be a period of expanding wealth, opportunity, and international cooperation.