Minsky (1919-96). Although a handful of economists raised alarms as early as 2000, Minsky's warnings began a half-century earlier, with writings that set out a compelling theory of financial instability. Yet even today he remains largely outside mainstream economics; few people have a good grasp of his writings, and fewer still understand their full importance. Why Minsky Matters makes the maverick economist's critically valuable insights accessible to general readers for the first time. L. Randall Wray shows that by understanding Minsky we will not only see the next crisis coming but we might be able to act quickly enough to prevent it.As Wray explains, Minsky's most important idea is that stability is destabilizing: to the degree that the economy achieves what looks to be robust and stable growth, it is setting up the conditions in which a crash becomes ever more likely. Before the financial crisis, mainstream economists pointed to much evidence that the economy was more stable, but their predictions were completely wrong because they disregarded Minsky's insight. Wray also introduces Minsky's significant work on money and banking, poverty and unemployment, and the evolution of capitalism, as well as his proposals for reforming the financial system and promoting economic stability.A much-needed introduction to an economist whose ideas are more relevant than ever, Why Minsky Matters is essential reading for anyone who wants to understand why economic crises are becoming more frequent and severe--and what we can do about it.

    The introduction is by Edumund A. Opitz, founder, the Nockian Society.

    "We are seeing an explosion among college students committed to the ideas of liberty -- there's no other word to describe it," says Palmer. "And today's students are not only interested in discussing these ideas, they want to do something about it. That's why this new book so strongly represents the voices of today's student leaders, some very impressive young people who have developed their own vision for freedom, one that transcends old political divides, and who know how to get organized and to do something constructive to make their vision happen." Dr. Palmer will be traveling the U.S. and internationally for book events and is available for interview upon request. As with previous editions in the same series, the books are not only recommended reading for students, many think tanks and business organizations host book events attracting politicos, professionals, academics, and journalists to discuss the ideas in the book. --The Atlas Economic Research Foundation

    It is trumpeted as providing more mobility--of people, capital, and information--and as being equally beneficial for everyone. With recent technological developments--most notably the Internet--globalization seems to be the fate of the world. But no one seems to be in control. As noted sociologist Zygmunt Bauman shows in this detailed history of globalization, while human affairs now take place on a global scale, we are not able to direct events; we can only watch as boundaries, institutions, and loyalties shift in rapid and unpredictable ways. Who benefits from the new globalization? Are people in need assisted more quickly and efficiently? Or are the poor worse off than ever before? Will a globalized economy shift jobs away from traditional areas, destroying time-honored national industries? Who will enjoy access to jobs in the new hierarchy of mobility?From the way the global economy creates a class of absentee landlords to current prison designs for the criminalized underclass, Bauman dissects globalization in all its manifestations: its effects on the economy, politics, social structures, and even our perceptions of time and space. In a chilling analysis, Bauman argues that globalization divides as much as it unites, creating an ever-widening gulf between the haves and the have-nots. Rather than the hybrid culture we had hoped for, globalization is creating a more homogenous world.Drawing on the works of philosophers, social historians, architects, and theoreticians such as Michel Foucault, Claude L?vi-Strauss, Alfred J. Dunlap, and Le Corbusier, "Globalization" presents a historical overview of the methods employed to create and define human spaces and institutions, from rural villages to sprawling urban centers. Bauman shows how the advent of the computer translates into the decline of truly public space. And he explores the dimensions of a world in which--through new technologies--time is accelerated and space is compressed, revealing how we have arrived at our current state of global thinking. Bauman's incisive methods of inquiry make "Globalization" an excellent antidote to the exuberance expressed by those who stand to benefit from the new pace and mobility of the modern life.

    The world economy and political system have changed dramatically since the 1987 book was published. The end of the Cold War has unleashed new economic and political forces, and new regionalisms have emerged. Computing power is increasingly an impetus to the world economy, and technological developments have changed and are changing almost every aspect of contemporary economic affairs. Gilpin's Global Political Economy considers each of these developments. Reflecting a lifetime of scholarship, it offers a masterful survey of the approaches that have been used to understand international economic relations and the problems faced in the new economy.Gilpin focuses on the powerful economic, political, and technological forces that have transformed the world. He gives particular attention to economic globalization, its real and alleged implications for economic affairs, and the degree to which its nature, extent, and significance have been exaggerated and misunderstood. Moreover, he demonstrates that national policies and domestic economies remain the most critical determinants of economic affairs. The book also stresses the importance of economic regionalism, multinational corporations, and financial upheavals.Gilpin integrates economic and political analysis in his discussion of global political economy. He employs the conventional theory of international trade, insights from the theory of industrial organization, and endogenous growth theory. In addition, ideas from political science, history, and other disciplines are employed to enrich understanding of the new international economic order. This wide-ranging book is destined to become a landmark in the field.

    Just turn on cable news. Philosophy is for people who want to understand the deep questions. The goal of political philosophy is to determine the standards by which we judge different institutions good or bad, just or unjust.Some people might think they don’t have much need of political philosophy: “Who cares about wishy-washy obtuse notions of justice? I’m a pragmatist. I just want to know what works.” But this isn’t a way of avoiding political philosophy; it’s a way of being dogmatic about it. Before we can just do “what works,” we have to know what counts as working.This book serves as an introduction to some of the major theories of justice, to the arguments philosophers have made for and against these theories, and, ultimately, to how to be more thoughtful and rigorous in your own thinking.

    But how did this come about? And what does it mean for the future?Populism and ultra-nationalism brought about the rise of Hitler and Mussolini in the 1930s. Now, as Trump sits in the White House, Britain negotiates its way out of the EU, and countries across Europe see substantial gains in support for the extreme Right, award-winning journalist, author, and historian Gwynne Dyer asks how we got here, and where we go next. Dyer examines the global challenges facing us all today and explains how they have contributed to a world of inequality, poverty, and joblessness, conditions which he argues inevitably lead to the rise of populism. The greatest threat to social and political stability lies in the rise of automation, which will continue to eliminate jobs, whether politicians admit that it is happening or not. To avoid a social and political catastrophe, we will have to find ways of putting real money into the pockets of those who have no work. But this is not a book without hope. Our capacity for overcoming the worst has been tested again and again throughout history, and we have always survived. To do so now, Dyer argues, we must embrace radical solutions to the real difficulties facing individuals, or find ourselves back in the 1930s with no way out.

    Inside you'll find 30 Daily Lessons, 20 Fun Activities, 180 Multiple Choice Questions, 60 Short Essay Questions, 20 Essay Questions, Quizzes/Homework Assignments, Tests, and more. The lessons and activities will help students gain an intimate understanding of the text; while the tests and quizzes will help you evaluate how well the students have grasped the material.

    Better to have hostile identities framed by democracy than democrats indifferent to identity.In a vigorous, insightful challenge to the left and right alike, Natan Sharansky, as he has proved repeatedly, is at the leading edge of the issues that frame our times.

    Wealthy wives pay her to trap their husbands for blackmail. It's not honest work but it pays the bills. Desperate to clear her balance with the dangerous loan shark, Shadow, she takes on another dangerous job. When a woman named Onya pays Indigo well beyond her fee to trap her husband, Indigo says yes. But once she lays eyes on Onya's husband, billionaire Hendrix, she is thrown into a world of passion and deceit. Indigo breaks her cardinal rule by falling for Hendrix. Their affair is mired in secrets, drama and passion. Are you ready to get enthralled with this African American Romance stand-alone.

    On the northern Outer Banks looms an old hunting lodge known as the Whalehead Club. During the roaring twenties Edward and Marie Knight entertained guests at this isolated Mansion by the Sea. Now it has become one of North Carolina's most popular tourist attractions. Less than a quarter mile away deep in the marsh along the Currituck Sound lies the body of a young woman. Someone has killed and craves to kill again. In his new novel, Murder at Whalehead, Joe C. Ellis tells the story of two Ohio families vacationing on the Outer Banks. They look forward to sun, sea, rest, and relaxation. Instead, they cross paths with a homicidal maniac. Can they stop him before another innocent victim dies? "Murder at Whalehead will absorb the reader from its first tantalizing page to its last satisfying conclusion." Michele Rubin, senior agent, Writers House, New York

    This book provides comprehensive single source coverage of the full spectrum of systems of electric power generation, transmission and distribution, including the operation and managemen.t of such system

    In exposing this shadowy and complex system that dominates our lives, Owen Jones sets out on a journey into the heart of our Establishment, from the lobbies of Westminster to the newsrooms, boardrooms and trading rooms of Fleet Street and the City. Exposing the revolving doors that link these worlds, and the vested interests that bind them together, Jones shows how, in claiming to work on our behalf, the people at the top are doing precisely the opposite. In fact, they represent the biggest threat to our democracy today - and it is time they were challenged.Owen Jones may have the face of a baby and the voice of George Formby but he is our generation's Orwell and we must cherish him (Russell Brand)This is the most important book on the real politics of the UK in my lifetime, and the only one you will ever need to read. You will be enlightened and angry (Irvine Welsh)Owen Jones displays a powerful combination of cool analysis and fiery anger in this dissection of the profoundly and sickeningly corrupt state that is present-day Britain. He is a fine writer, and this is a truly necessary book (Philip Pullman)

    Liberals believe they are happier than conservatives, and conservatives disagree. In fact, almost every group thinks it is happier than everyone else. In this provocative new book, Arthur C. Brooks explodes the myths about happiness in America. As he did in the controversial Who Really Cares: The Surprising Truth About Compassionate Conservatism, Brooks examines vast amounts of evidence and empirical research to uncover the truth about who is happy in America, who is not, and-most important-why. He finds that there is a real “happiness gap” in America today, and it lies disconcertingly close to America’s cultural and political fault lines. The great divide between the happy and the unhappy in America, Brooks shows, is largely due to differences in social and cultural values. The values that bring happiness are faith, charity, hard work, optimism, and individual liberty. Secularism, excessive reliance on the state to solve problems, and an addiction to security all promote unhappiness. What can be done to maximize America’s happiness? Replete with the unconventional wisdom for which Brooks has come to be known, Gross National Happiness offers surprising and illuminating conclusions about how our government can best facilitate Americans in their pursuit of happiness.

    But today, at the dawn of the new Millennium, Europe is pointing a new way to the future. In this major new book, best-selling author Jeremy Rifkin argues that Europe has a vision of its own and is overtaking America as the world's next superpower. The American Dream was based on economic growth, personal wealth and independence. It was synonymous with love of country and patriotism, frontier mentality and the unbridled exercise of power. Yet what were once considered prime virtues - cherished and idealised not only in America but throughout the world - are increasingly seen by many as drawbacks and even impediments. But while the American Dream tires and languishes in the past, a new European Dream is being born. Today we see a new set of values emerging which are focused on sustainable development, quality of life and multilateralism. More cosmopolitan and less concerned with the brute exercise of power, the European Dream is better positioned to accommodate the many forces that are propelling us into a more interconnected and interdependent world. Where does Britain fit into this story? The British find themselves betwixt and between a fading American Dream and a newly emerging European Dream which is gaining the upper hand in our contemporary global age. Rifkin argues that Britain is uniquely positioned to play a bridge role between Europe and America and has the potential to help create a synergy between the two superpowers of the 21st century. But in order to exercise any real influence in world affairs, Britain must choose to be part of a larger political entity. In a globally connected world, no people can exist any longer as an island unto themselves. The only question for Britain is whether it will make its home with America or with Europe.