Book picks similar to
What Do We Know and What Should We Do about Social Mobility? by Lee Elliot Major
economics
ft
nonfiction
economics-and-method
$2.00 a Day: Living on Almost Nothing in America
Kathryn J. Edin - 2015
Modonna Harris and her teenage daughter Brianna in Chicago often have no food but spoiled milk on weekends. After two decades of brilliant research on American poverty, Kathryn Edin noticed something she hadn’t seen since the mid-1990s — households surviving on virtually no income. Edin teamed with Luke Shaefer, an expert on calculating incomes of the poor, to discover that the number of American families living on $2.00 per person, per day, has skyrocketed to 1.5 million American households, including about 3 million children. Where do these families live? How did they get so desperately poor? Edin has procured rich — and truthful — interviews. Through the book’s many compelling profiles, moving and startling answers emerge. The authors illuminate a troubling trend: a low-wage labor market that increasingly fails to deliver a living wage, and a growing but hidden landscape of survival strategies among America’s extreme poor. More than a powerful exposé, $2.00 a Day delivers new evidence and new ideas to our national debate on income inequality.
Angrynomics
Eric Lonergan - 2020
And why we see the rise of nationalism everywhere when globalization, on average, has made us all richer. The disconnect between our experience of the world and the economic model used to explain it has given rise to "angrynomics": an economy of heightened uncertainty and anger, where faith in the workings of markets and politics has been undermined and rapid and seemingly ever-accelerating economic change has become something to be feared.Eric Lonergan and Mark Blyth have written a book for anyone anxious, worried – or angry – about the mismatch between how they experience the world with the increasing day to day pressures they face and the model used by economic elites and politicians to explain and justify it. In a powerful and passionately argued analysis, they bring their critical insight and expertise to bear on the nature of angrynomics and offer a set of radical and innovative policies that cut across tired party political lines – and that if implemented might just help the world to be a less angry place.
Regulating the Poor: The Functions of Public Welfare
Frances Fox Piven - 1971
The authors present a boldly comprehensive, brilliant new theory to explain the comparative underdevelopment of the U.S. welfare state among advanced industrial nations. Their conceptual framework promises to shape the debate within current and future administrations as they attempt to rethink the welfare system and its role in American society."Uncompromising and provocative. . . . By mixing history, political interpretation and sociological analysis, Piven and Cloward provide the best explanation to date of our present situation . . . no future discussion of welfare can afford to ignore them." --Peter Steinfels, The New York Times Book Review
Hard America, Soft America: Competition Vs. Coddling and the Battle for the Nation's Future
Michael Barone - 2004
Indeed, American students lag behind their peers in other nations, but America remains on the leading edge economically, scientifically, technologically, and militarily. The reason for this paradox, explains Barone in this brilliant essay, is that “from ages six to eighteen Americans live mostly in what I call Soft America—the parts of our country where there is little competition and accountability. But from ages eighteen to thirty Americans live mostly in Hard America—the parts of American life subject to competition and accountability.” While Soft America coddles, Hard America plays for keeps. Educators, for example, protect children from the rigors of testing, ban dodgeball, and promote just about any student who shows up. But most adults quickly figure out that how they do depends on what they produce. Barone sweeps readers along, showing how we came to the current divide—for things weren’t always this way. In fact, no part of our society is all Hard or all Soft, and the boundary between Hard America and Soft America often moves back and forth. Barone also shows where America is headed—or should be headed. We don’t want to subject kindergartners to the rigors of the Marine Corps or leave old people uncared for. But Soft America lives off the productivity, creativity, and competence of Hard America, and we have the luxury of keeping part of our society Soft only if we keep most of it Hard.Hard America, Soft America reveals: • How the American situation is unique: In Europe, schooling is competitive and demanding, but adult life is Soft, with generous welfare benefits, short work hours, long vacations, and state pensions• How the American military has reclaimed the Hard goals and programs it abandoned in the Vietnam era• How Hardness drives America’s economy—an economy that businesses and economists nearly destroyed in the 1970s by spurning competition • How America’s schools have failed because they are bastions of Softness—but how they are finally showing signs of Hardening• The benefits of Softness: How government programs like Social Security were necessary in what was a harsh and unforgiving America• Hard America, Soft America is a stunningly original and provocative work of social commentary from one of this country’s most respected political analysts.From the Hardcover edition.
The Post-Corporate World: Life After Capitalism
David C. Korten - 1999
By drawing on insights from biology and evolutionary principles, Korten renders economic terms and ideas more understandable through the use of simple metaphors regarding living systems. The book prescribes economic solutions to capitalism s maladies, and provides readers with viable ways to work toward a healthy, sustainable economy.
Social Class in the 21st Century
Mike Savage - 2015
A fresh take on social class from the experts behind the BBC's 'Great British Class Survey'.Why does social class matter more than ever in Britain today?How has the meaning of class changed?What does this mean for social mobility and inequality?In this book Mike Savage and the team of sociologists responsible for the Great British Class Survey look beyond the labels to explore how and why our society is changing and what this means for the people who find themselves in the margins as well as in the centre.Their new conceptualization of class is based on the distribution of three kinds of capital - economic (inequalities in income and wealth), social (the different kinds of people we know) and cultural (the ways in which our leisure and cultural preferences are exclusive) - and provides incontrovertible evidence that class is as powerful and relevant today as it's ever been.
Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education
Gary S. Becker - 1964
Recipient of the 1992 Nobel Prize in Economic Science, Gary S. Becker is a pioneer of applying economic analysis to human behavior in such areas as discrimination, marriage, family relations, and education. Becker's research on human capital was considered by the Nobel committee to be his most noteworthy contribution to economics.This expanded edition includes four new chapters, covering recent ideas about human capital, fertility and economic growth, the division of labor, economic considerations within the family, and inequality in earnings."Critics have charged that Mr. Becker's style of thinking reduces humans to economic entities. Nothing could be further from the truth. Mr. Becker gives people credit for having the power to reason and seek out their own best destiny."—Wall Street Journal
Breadline Britain: The Rise of Mass Poverty
Stewart Lansley - 2015
Food bank queues are growing, levels of severe deprivation have been rising, and increasing numbers of children are left with their most basic needs unmet.Based on exclusive access to the largest ever survey of poverty in the UK, and its predecessor surveys in the 1980s and 1990s, Stewart Lansley and Joanna Mack track changes in deprivation and paint a devastating picture of the reality of poverty today and its causes. Shattering the myth that poverty is the fault of the poor and a generous benefit system, they show that the blame lies with the massive social and economic upheaval that has shifted power from the workforce to corporations and swelled the ranks of the working poor, a group increasingly at the mercy of low-pay, zero-hour contracts and downward social mobility.The high levels of poverty in the UK are not ordained but can be traced directly to the political choices taken by successive governments. Lansley and Mack outline an alternative economic and social strategy that is both perfectly feasible and urgently necessary if we are to reverse the course of the last three decades.
Capital in the Twenty-First Century
Thomas Piketty - 2013
But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In Capital in the Twenty-First Century, Thomas Piketty analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings will transform debate and set the agenda for the next generation of thought about wealth and inequality.Piketty shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality—the tendency of returns on capital to exceed the rate of economic growth—today threatens to generate extreme inequalities that stir discontent and undermine democratic values. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, Piketty says, and may do so again.
The Other America: Poverty in the United States
Michael Harrington - 1962
This anniversary edition includes Michael Harrington’s essays on poverty in the 1970s and ’80s as well as a new introduction by Harrington’s biographer, Maurice Isserman. This illuminating, profoundly moving classic is still all too relevant for today’s America.When Michael Harrington’s masterpiece, The Other America, was first published in 1962, it was hailed as an explosive work and became a galvanizing force for the war on poverty. Harrington shed light on the lives of the poor—from farm to city—and the social forces that relegated them to their difficult situations. He was determined to make poverty in the United States visible and his observations and analyses have had a profound effect on our country, radically changing how we view the poor and the policies we employ to help them.
How Much Is Enough? Money and the Good Life
Robert Skidelsky - 2012
This book tackles such questions head-on. The authors begin with the great economist John Maynard Keynes. In 1930 Keynes predicted that, within a century, per capita income would steadily rise, people’s basic needs would be met, and no one would have to work more than fifteen hours a week. Clearly, he was wrong: though income has increased as he envisioned, our wants have seemingly gone unsatisfied, and we continue to work long hours. The Skidelskys explain why Keynes was mistaken. Then, arguing from the premise that economics is a moral science, they trace the concept of the good life from Aristotle to the present and show how our lives over the last half century have strayed from that ideal. Finally, they issue a call to think anew about what really matters in our lives and how to attain it. How Much Is Enough? is that rarity, a work of deep intelligence and ethical commitment accessible to all readers. It will be lauded, debated, cited, and criticized. It will not be ignored.
The Unwinding: An Inner History of the New America
George Packer - 2013
Seismic shifts during a single generation have created a country of winners and losers, allowing unprecedented freedom while rending the social contract, driving the political system to the verge of breakdown, and setting citizens adrift to find new paths forward. In The Unwinding, George Packer, author of The Assassins' Gate: America in Iraq, tells the story of the United States over the past three decades in an utterly original way, with his characteristically sharp eye for detail and gift for weaving together complex narratives.The Unwinding journeys through the lives of several Americans, including Dean Price, the son of tobacco farmers, who becomes an evangelist for a new economy in the rural South; Tammy Thomas, a factory worker in the Rust Belt trying to survive the collapse of her city; Jeff Connaughton, a Washington insider oscillating between political idealism and the lure of organized money; and Peter Thiel, a Silicon Valley billionaire who questions the Internet's significance and arrives at a radical vision of the future. Packer interweaves these intimate stories with biographical sketches of the era's leading public figures, from Newt Gingrich to Jay-Z, and collages made from newspaper headlines, advertising slogans, and song lyrics that capture the flow of events and their undercurrents.The Unwinding portrays a superpower in danger of coming apart at the seams, its elites no longer elite, its institutions no longer working, its ordinary people left to improvise their own schemes for success and salvation. Packer's novelistic and kaleidoscopic history of the new America is his most ambitious work to date.One of the iTunes Bookstore's "Ten Books You Must Read This Summer"
One World: The Ethics of Globalization
Peter Singer - 2002
Peter Singer discusses climate change, the role of the World Trade Organization, human rights and humanitarian intervention, and foreign aid, showing how a global ethic rather than a nationalistic approach can provide illuminating answers to important problems.The book encompasses four main global issues: climate change, the role of the World Trade Organization, human rights and humanitarian intervention, and foreign aid. Singer addresses each vital issue from an ethical perspective and offers alternatives to the state-centric approach that characterizes international theory and relations today. Posing a bold challenge to narrow or nationalistic views, Singer presents a realistic, new way of looking at contemporary global issues—through a prism of ethics.
Don't Panic: ISIS, Terror and Today's Middle East
Gwynne Dyer - 2015
Can we somehow manage to avoid the well-trodden path of overreacting to the provocations of Islamist extremists?With the rise of ISIS, a new style of terrorism that publicly gloats over acts of extreme cruelty has reawakened the fears of the global audience. But in Don't Panic, Gwynne Dyer argues that the advent of "Islamic State" and its clones does not substantially raise the risk of major terrorist attacks in Western countries. It does, however, pose a grave threat to the Arab countries of the Middle East.In Don't Panic, Dyer first explains why the Middle East has become the global capital of terrorism. He then examines how terrorist organisations in the Arab world have evolved over time, with particular emphasis on the events of the past fifteen years and the current situation in Syria and Iraq. And in the end Dyer departs from his long-standing position that foreign interventions always make matters worse to argue that a little military intervention of the right kind may avert a genocide in Syria.
American Dream: Three Women, Ten Kids, and a Nation's Drive to End Welfare
Jason DeParle - 2004
In this masterful work, New York Times reporter and two-time Pulitzer Prize finalist Jason DeParle cuts between the mean streets of Milwaukee and the corridors of Washington to produce the definitive account. As improbable as fiction, and equally fast-paced, this classic of literary journalism has captured the acclaim of the Left and Right. At the heart of the story are three cousins, inseparable at the start but launched on differing arcs. Leaving welfare, Angie puts her heart in her work. Jewell bets on an imprisoned man. Opal guards a tragic secret that threatens her kids and her life. DeParle traces back their family history six generations to slavery, and weaves poor people, politicians, reformers, and rogues into a spellbinding epic. At times, the very idea of America seemed on trial: we live in a country where anyone can make it, yet generation after generation some families don't. Washington Post: "Riveting... like a searing novel of urban realism - Theodore Dreiser comes to Milwaukee." Chicago Tribune: "Sweeping scope and dramatic detail worthy of Charles Dickens."