Search results for "tag:"Author Robert M. Whaples""
Edward Elgar Publishing Ltd The Economic Crisis in Retrospect: Explanations
Book SynopsisIf there is a single message that emerges from the wonderful essays contained in this volume, it is that economics is hard. The fact that virtually all economists agree on a handful of simple truths that describe the marketplace belies the fact that, when push comes to shove, dynamic economic processes are notoriously difficult to understand and control. The Economic Crisis in Retrospect provides the reader with a window into how some of the most perceptive economic thinkers of the last two centuries have wrestled with these issues.'- Steven G. Medema, University of Colorado, US'When the financial crisis hit, Ben Bernanke defended the economics profession by arguing that economists such as Bagehot and Thornton had a complete analysis of financial crises. Unfortunately, until the crisis hit, most economics students had never heard of, let alone read, either. That's sad, and this book provides an excellent entrée into past economists' insights and how they relate to the financial crisis. It is a useful read.'- David C. Colander, Middlebury College, US'With apologies to Santayana. . . this excellent work shows that those who can remember past economic thought are condemned to repeat the insights of major economic thinkers and show their relevance by applying them to contemporary economic issues.'- Steven Pressman, Monmouth University, USAs the United States continues its slow recovery from the global financial crisis of 2008, politicians, policymakers and academics are increasingly turning to the lessons of history to gain insight into how we might address both current and future economic challenges. This volume offers contributions by eminent economists and historians, each commenting on the theories of a particular 20th century economist and the ways in which those theories apply to modern economic thought.Presented in rough chronological order of the lives of the featured economists, these chapters tackle a number of major economic issues, including the role of central banks, monetary and fiscal policy, government spending, entrepreneurship and financial innovation. The contributors apply the theories of Walter Bagehot, Thorstein Veblen, John Maynard Keynes, Joseph Schumpeter and Friedrich Hayek to these and other crucial topics, offering both comprehensive historical analysis and vital insights into the modern US and world economies. Two additional chapters on the Great Depression and US monetary and fiscal history round out this critical collection.Students and professors of all economic disciplines will find much to admire in this fascinating volume, as will anyone with an interest in economics both past and present.Contributors: B. Bateman, B. Caldwell, R.N. Langlois, P. Mehrling, R. Prasch, T.J. Sargent, P. Temin, G.P. West III, R.M. WhaplesTrade ReviewThis readable, well-written volume is an excellent resource for both undergraduate and graduate students interested in the history of economic ideas and the history of economic thought. Policy makers and politicians would also benefit tremendously from reading this work... Highly recommended. --S. Adjibolosoo, ChoiceTable of ContentsContents: 1. Insights for Today’s Trying Economic Times Robert M. Whaples and G. Page West III 2. Insights from Walter Bagehot Perry Mehrling 3. Insights from Thorstein Veblen Robert Prasch 4. Insights from John Maynard Keynes Bradley Bateman 5. Insights from the Great Depression Peter Temin 6. Insights from Joseph Schumpeter Richard N. Langlois 7. Insights from Friedrich Hayek Bruce Caldwell 8. Drawing Lines in US Monetary and Fiscal History Thomas J. Sargent Index
£94.00
Independent Institute,U.S. Pope Francis and the Caring Society
Book SynopsisPope Francis and the Caring Society is a thoughtful exploration of the Pope's earnest call for a dialogue on building a truly compassionate society. Francis's fervent support for uplifting the poor and protecting the environment has inspired far-reaching discussions worldwide: Do capitalism and socialism have positive or negative social consequences? What is the most effective way to fight poverty? And what value does a religious perspective offer in addressing moral, political, and economic problems?Pope Francis and the Caring Society is an indispensable resource for consideration of these vital questions. Edited by Robert M. Whaples, with a foreword by Michael Novak, the book provides an integrated perspective on Francis and the issues he has raised, examining the intersection of religion, politics, and economics. Readers will discover important historical and cultural context for considering Francis's views, along with alternative solutions for environmental preservation, a defense of Francis's criticism of power and privilege, a case for market-based entrepreneurship and private charity as potent tools for fighting poverty, and an examination of Francis's philosophy of the family. Pope Francis and the Caring Society is essential reading for anyone interested in creating a better, more caring, and prosperous world.
£19.96
Independent Institute,U.S. Is Social Justice Just?
Book Synopsis“Anyone concerned with social justice will find this book makes him question his assumptions, rethink his premises, and think!" —Andrew P. Morriss, professor, Bush School of Government and Public Service, School of Law, Texas A&M UniversityWhat is social justice? In these pages, twenty-one accomplished academics seek to do justice to “social justice.” Inequality exists and it obviously causes rifts in societies. But it’s not obvious how the government should address those rifts, or if it should address them at all. Have we forgotten the perhaps more efficient power of personal choice—and the corollary obligation: to serve our neighbors—to make our society more humane? Beginning with the first political philosophers in ancient Athens, and continuing right through Marx into our post-modern era, men have wrestled with the question of justice; and the answers have been as earnest as they have been varied. Today, our “expert” class also claim to have answers—updated answers, more “equitable” answers, more technological answers ... in short, answers that are simply better suited to our times.But are those answers in any way correct? Do they work? Are they—just? In these elegant, nuanced essays, the authors use the wisdom of ancient and modern philosophers to shed light on these important questions—and the answers are revealing. Armed with ample evidence from real-world experiences, lessons from history, the wisdom of the classics, modern philosophers, and even the teachings of the world religions, the contributors of Is Social Justice Just? Illuminate the central role of the individual in achieving justice in all its aspects. Read Is Social Justice Just? And discover: how to do social justice wrong with the poison of resentment, envy, and ignorance; how to do social justice right with the insights of philosophers and theologians; how to respect people’s rights and liberties without sacrificing true equality; and how to reform flawed public policies that just make everything worse. In a world of partisanship, hysteria, maliciousness, and good intentions attached to hellish outcomes, this landmark book enters the public discourse at a critical time. With a foreword by Jordan B. Peterson, a preface by Nicholas Rescher, and a collection of essays by some of the best and brightest scholars of our time, Is Social Justice Just? is a timely and urgent work. Read it, and you will begin to think about “social justice,” and justice, in some surprising new ways.Trade ReviewIf I were putting together my dream team to organize a volume to answer the question, ‘Is social justice just?’, it would be Rob Whaples, Mike Munger, and Chris Coyne. And the dream team delivers! Anyone concerned with social justice will find this book makes him question his assumptions, re-think his premises, and think! They have assembled their own dream team of authors to provide insights from a variety of disciplinary perspectives that provoke thought, provide new perspectives, and make the reader want more." - Andrew P. Morriss, professor, Bush School of Government and Public Service, School of Law, Texas A&M University"In the world of public policy, words should mean something, not just sound like they mean something. The words ‘social justice’ are thrown around quite liberally these days, often with the assumption that their meaning is clear—but from the way these words are used, it’s clear that their meaning varies from author to author and sometimes even from paragraph to paragraph in the works of a single author. Here a stellar cast of policy-oriented intellectuals faces this problem head on, attacking the problem of what ‘social justice’ ought to mean and why it matters. It’s about time." - Steven Landsburg, professor of economics, University of Rochester"Social justice is an ambiguous concept that allows people to redefine justice to conform with their own biases. This volume clearly points out problems with the concept and offers a clear-headed analysis of the way the concept should be viewed, along with analyses of socially just policies." - Randall Holcombe, DeVoe Moore Professor of Economics, Florida State University"Though plenty of people have opinions about the importance of social justice, they seldom explain what they mean by the term. Is it a meaningful concept? If so, what constitutes social justice? Are there better and worse ways to pursue it? This collection of readings addresses those controversial issues and more. It is a timely contribution to an important debate." - Bruce Caldwell, Research Professor of Economics; director, Center for the History of Political Economy, Duke University"What principles of social justice will foster peace, cooperation, and mutual respect among highly diverse individuals within a decidedly pluralist society rather than foster exploitation, tribal conflict, coercive re-education, and the enhancement of arbitrary state power? From their own distinctive philosophical or economic perspectives, the contributors to Is Social Justice Just? converge toward the powerful conclusion that justice must be modest. It must protect each person’s life, liberty, and property and not proclaim purportedly radiant social ends to which people’s lives, aspirations, and fortunes are to be sacrificed." - Eric Mack, professor of philosophy, Tulane University"With more clamor for ‘social justice’ in the public square today than serious inquiry into what social justice consists of, the essays in Is Social Justice Just? are timely and essential reading. Twenty-three scholars lay bare both the promise and pitfalls of initiatives that are taken under the social justice banner." - J. Daniel Hammond, Hultquist Family Professor (emeritus), Department of Economics, Wake Forest University"Is Social Justice Just? brings together a remarkable collection of scholars who study one of the most controversial issues of our time, one that has created enormous divisions across social, political, cultural, economic, racial and religious lines. Each author deconstructs social justice using his own unique set of analytical tools, with the hope of creating a concept of justice that can help bring society back together. A broad consensus emerges from this process, as these scholars are individually led to a reconstruction of social justice focused on the sanctity and the beauty of each of us as individuals, individuals who have the same rights and freedoms and opportunities to create our own paths, while respecting the choices of others. Read this book, and you will look at our world with a very different and much more optimistic vision than you have now." - Lee Ohanian, professor of economics and director of the Ettinger Family Program in Macroeconomic Research, University of California, Los Angeles"Readers of this book will be rewarded by the interdisciplinary perspectives on social justice from a distinguished group of contributors ..." - Barry W. Poulson, professor of economics (emeritus), University of Colorado"In the zeitgeist of our times, social justice is just by definition, as well as by intuition and emotion. The articles in this book put the conventional wisdom to the test, with rational analyses from a number of different perspectives." - Pierre Lemieux, economist, Department of Management Sciences at the UniversitÉ du QuÉbec en Outaouais (Canada)"A popular intellectual sport is to classify individuals into this or that group and then to ask: Is this or that group ‘owed’ something by society? With such classifications typically guided by political considerations, the answer is very often ‘yes.’ And because ‘owe’ implies obligation, and because justice demands the fulfilment of all obligations, justice demands that society—in one form or another—pay up. Or so goes the argument for ‘social justice.’ The papers in this remarkable volume examine this argument from a variety of perspectives. It’s a feature and not a bug of this collection that, no sooner are you convinced by one paper, then another paper turns your mind in a different direction." - Donald J. Boudreaux, professor of economics, George Mason University
£21.56
Independent Institute,U.S. In All Fairness: Equality, Liberty, and the Quest
Book SynopsisInequality is an exceptionally beautiful thing. Or maybe it’s a terribly ugly thing. It depends on what is unequal and why it is unequal. Love it or loathe it, this collection is full of insights about the connections among fairness, liberty, equality and the quest for human dignity. With egalitarian sentiments and concerns about inequality on the rise, In All Fairness proves to be incredibly timely. In this collection of essays, authors challenge recent misbegotten egalitarian ideas, exposing the quicksand on which they rest and the self-serving interests they often promote. While each chapter offers unique insights, the overriding theme is that fairness must rest on a conception of humanity that recognizes the dignity of each person—a dignity that requires everyone to respect individual choices and voluntary transactions.
£21.56