An Economic Theory of Democracy


Anthony Downs - 1957
    Downs treats this differently than do other students of politics. His explanations are systematically related to, and deductible from, precisely stated assumptions about the motivations that attend the decisions of voters and parties and the environment in which they act. He is consciously concerned with the economy in explanation, that is, with attempting to account for phenomena in terms of a very limited number of facts and postulates. He is concerned also with the central features of party politics in any democratic state, not with that in the United State or any other single country. I. BASIC STRUCTURE OF THE MODEL. 1. Introduction. 2. Party Motivation and the Function of Government in Society. 3. The Basic Logic of Voting. 4. The Basic Logic of Government Decision-Making. II. THE GENERAL EFFECTS OF UNCERTAINTY. 5. The Meaning of Uncertainty. 6. How Uncertainty Affects Government Decision-Making. 7. The Development of Political Ideologies as Means of Getting Votes. 8. The Statics and Dynamics of Party Ideologies 9. Problems of Rationality Under Coalition Governments. 10. Government Vote-Maximizing and Individual marginal Equilibrium. III. SPECIFIC EFFECTS OF INFORMATION COSTS. 11. The Process of Becoming Informed. 12. How Rational Citizens Reduce Information Costs. 13. The Returns From Information and Their Diminution. 14. The Causes and Effects of Rational Abstention. IV. DERIVATIVE IMPLICATIONS AND HYPOTHESIS. 15. A Comment on Economic Theories of Government Behavior. 16. Testable Prepositions Derived from the Theory.

The Behavioral Investor


Daniel Crosby - 2018
    Joint Gold medallist at the Axiom Business Book Awards 2019 - Personal Finance / Retirement Planning / Investing. In The Behavioral Investor, psychologist and asset manager Dr. Daniel Crosby examines the sociological, neurological and psychological factors that influence our investment decisions and sets forth practical solutions for improving both returns and behavior. Readers will be treated to the most comprehensive examination of investor behavior to date and will leave with concrete solutions for refining decision-making processes, increasing self-awareness and constraining the fatal flaws to which most investors are prone. The Behavioral Investor takes a sweeping tour of human nature before arriving at the specifics of portfolio construction, rooted in the belief that it is only as we come to a deep understanding of "why" that we are left with any clue as to "how" we ought to invest. The book is comprised of three parts, which are as follows: - Part One - An explication of the sociological, neurological and physiological impediments to sound investment decision-making. Readers will leave with an improved understanding of how externalities impact choices in nearly imperceptible ways and begin to understand the impact of these pressures on investment selection. - Part Two - Coverage of the four primary psychological tendencies that impact investment behavior. Although human behavior is undoubtedly complex, in an investment context our choices are largely driven by one of the four factors discussed herein. Readers will emerge with an improved understanding of their own behavior, increased humility and a lens through which to vet decisions of all types. - Part Three - Illuminates the "so what" of Parts One and Two and provides a framework for managing wealth in a manner consistent with the realities of our contextual and behavioral shortcomings. Readers will leave with a deeper understanding of the psychological underpinnings of popular investment approaches such as value and momentum and appreciate why all types of successful investing have psychology at their core. Wealth, truly considered, has at least as much to do with psychological as financial wellbeing. The Behavioral Investor aims to enrich readers in the most holistic sense of the word, leaving them with tools for compounding both wealth and knowledge.

Unrig: How to Fix Our Broken Democracy


Dan G. Newman - 2020
    Unrig exposes the twisted roots of our broken democracy and highlights the heroic efforts of those unrigging the system to return power to We the People.This stirring nonfiction graphic novel by democracy reform leader Daniel G. Newman and artist George O’Connor takes readers behind the scenes—from the sweaty cubicles where senators dial corporate CEOs for dollars, to lavish retreats where billionaires boost their favored candidates, to the map rooms where lawmakers scheme to handpick their voters. Unrig also highlights surprising solutions that limit the influence of big money and redraw the lines of political power.If you're overwhelmed by negative news and despairing for the direction of our country, Unrig is a tonic that will restore your faith and reveal the path forward to fix our broken democracy.

Transforming Health Care: Virginia Mason Medical Center's Pursuit of the Perfect Patient Experience


Charles Kenney - 2010
    In 2001, Virginia Mason Medical Center, an integrated healthcare delivery system in Seattle, Washington set out to achieve its compelling vision to become The Quality Leader and to fulfill that vision, adopted the Toyota Production System as its management method.Transforming Health Care: Virginia Mason Medical Center's Pursuit of the Perfect Patient Experience takes you on the journey of of Virginia Mason Medical Center's pursuit of the perfect patient experience through the application of lean principles, tools, and methodology. Over the last several years Virginia Mason has become internationally known for its journey towards perfection by applying the Toyota Production System to healthcare. The book takes readers step by step through Virginia Mason's journey as it seeks to provide perfection to its customer - the patient. This book shows you how you use this system to transform your own organization.

Wars, Guns, and Votes: Democracy in Dangerous Places


Paul Collier - 2009
    An esteemed economist and a foremost authority on developing countries, Collier argues that the spread of elections and peace settlements in the world's most dangerous countries may lead to a brave new democratic world. In the meantime, though, nasty and long civil wars, military coups, and failing economies are the order of the day—for now and into the foreseeable future. Through innovative research and astute analysis, Collier gives an eye-opening assessment of the ethnic divisions and insecurites in the developing countries of Africa, Latin America, and Asia, where corruption is often firmly rooted in the body politic. There have been many policy failures by the United States and other developed countries since the end of the Cold War, especially the reliance on preemptive military intervention. But Collier insists that these problems can and will be rectified. He persuasively outlines what must be done to bring peace and stability: the international community must intervene through aid, democracy building, and a very limited amount of force. Groundbreaking and provocative, Wars, Guns, and Votes is a passionate and convincing argument for the peaceful development of the most volatile places on earth.

Parecon: Life After Capitalism


Michael Albert - 2002
    In this highly praised new work, destined to attract worldwide attention and support, Michael Albert provides an answer: Participatory Economics, ‘Parecon’ for short, a new economy, an alternative to capitalism, built on familiar values including solidarity, equity, diversity and people democratically controlling their own lives, but utilizing original institutions fully described and defended in the book.

Contesting Democracy: Political Ideas in Twentieth-Century Europe


Jan-Werner Müller - 2006
    Skillfully blending intellectual, political, and cultural history, Jan-Werner Müller elucidates the ideas that shaped the period of ideological extremes before 1945 and the liberalization of West European politics after the Second World War. He also offers vivid portraits of famous as well as unjustly forgotten political thinkers and the movements and institutions they inspired.Müller pays particular attention to ideas advanced to justify fascism and how they relate to the special kind of liberal democracy that was created in postwar Western Europe. He also explains the impact of the 1960s and neoliberalism, ending with a critical assessment of today's self-consciously post-ideological age.

Taming the Gods: Religion and Democracy on Three Continents


Ian Buruma - 2010
    In Europe, the increasing number of radicalized Muslims is creating widespread fear that Islam is undermining Western-style liberal democracy. And even in polytheistic Asia, the development of democracy has been hindered in some countries, particularly China, by a long history in which religion was tightly linked to the state.Ian Buruma is the first writer to provide a sharp-eyed look at the tensions between religion and politics on three continents. Drawing on many contemporary and historical examples, he argues that the violent passions inspired by religion must be tamed in order to make democracy work.Comparing the United States and Europe, Buruma asks why so many Americans--and so few Europeans--see religion as a help to democracy. Turning to China and Japan, he disputes the notion that only monotheistic religions pose problems for secular politics. Finally, he reconsiders the story of radical Islam in contemporary Europe, from the case of Salman Rushdie to the murder of Theo van Gogh. Sparing no one, Buruma exposes the follies of the current culture war between defenders of Western values and multiculturalists, and explains that the creation of a democratic European Islam is not only possible, but necessary.Presenting a challenge to dogmatic believers and dogmatic secularists alike, Taming the Gods powerfully argues that religion and democracy can be compatible--but only if religious and secular authorities are kept firmly apart.

Eclipse of the Sunnis: Power, Exile, and Upheaval in the Middle East


Deborah Amos - 2010
    From Amman to Beirut and Damascus, Deborah Amos follows the impact of one of the great migrations of modern times.The history of the Middle East tells us that one of the greatest problems of the last forty years has been that of a displaced population, angered by their inability to safely return home and resume ownership of their property--as they see it. Now, the pattern has been repeated. A new population of exiles, as large as the Palestinians, has been created.This particular displacement stirs up the historic conflict between Sunni and Shia. More significant even than the creation of colonial nation states a century ago, the alienation of the Sunni middle class has the capacity to cause resounding resentments across the region for generations to come.

Coffee with Plato


Donald R. Moor - 2007
    Travel back to ancient Greece with Professor Emeritus of Philosophy Donald R. Moor and author Robert M. Pirsig ("Zen and the Art of Motorcycle Maintenance") to meet this legendary thinker. In addition to expanding upon his famous allegory of the cave, Plato talks about learning through dialogue, the primacy of good and the price of wrong doing, democracy, freedom and censorship, women's equality, love, and mathematics, and the search for truth.

Our Final Hour: A Scientist's warning - How Terror, Error, and Environmental Disaster Threaten Humankind's Future in This Century — On Earth and Beyond


Martin J. Rees - 2003
    Rees's vision of our immediate future is both a work of stunning scientific originality and a humanistic clarion call on behalf of the future of life.

The Wealth of Networks: How Social Production Transforms Markets and Freedom


Yochai Benkler - 2006
    The phenomenon he describes as social production is reshaping markets, while at the same time offering new opportunities to enhance individual freedom, cultural diversity, political discourse, and justice. But these results are by no means inevitable: a systematic campaign to protect the entrenched industrial information economy of the last century threatens the promise of today’s emerging networked information environment.In this comprehensive social theory of the Internet and the networked information economy, Benkler describes how patterns of information, knowledge, and cultural production are changing—and shows that the way information and knowledge are made available can either limit or enlarge the ways people can create and express themselves. He describes the range of legal and policy choices that confront us and maintains that there is much to be gained—or lost—by the decisions we make today.

Polarity Management: Identifying and Managing Unsolvable Problems


Barry Johnson - 1992
    Some complex problems simply do not have "solutions." The key to being an effective leader is being able to recognize and manage such problems. Polarity Management presents a unique model and set of principles that will challenge you to look at situations in new ways. Also included are exercises to strengthen your skills, and case studies to help you begin applying the model to your own unsolvable problems.

What Then Must We Do?: Straight Talk about the Next American Revolution


Gar Alperovitz - 2013
    The seeds of a new movement demanding change are forming.But just what is this thing called a new economy, and how might it take shape in America? In What Then Must We Do? Gar Alperovitz speaks directly to the reader about where we find ourselves in history, why the time is right for a new-economy movement to coalesce, what it means to build a new system to replace the crumbling one, and how we might begin. He also suggests what the next system might look like--and where we can see its outlines, like an image slowly emerging in the developing trays of a photographer's darkroom, already taking shape.He proposes a possible next system that is not corporate capitalism, not state socialism, but something else entirely--and something entirely American.Alperovitz calls for an evolution, not a revolution, out of the old system and into the new. That new system would democratize the ownership of wealth, strengthen communities in diverse ways, and be governed by policies and institutions sophisticated enough to manage a large-scale, powerful economy.For the growing group of Americans pacing at the edge of confidence in the old system, or already among its detractors, What Then Must We Do? offers an elegant solution for moving from anger to strategy.

Can Democracy Survive Global Capitalism?


Robert Kuttner - 2018
    Social supports have been cut, while corporations have achieved record profits. What is going on? According to Robert Kuttner, global capitalism is to blame. By limiting workers’ rights, liberating bankers, and allowing corporations to evade taxation, raw capitalism strikes at the very foundation of a healthy democracy. Capitalism should serve democracy and not the other way around. One result of this misunderstanding is the large number of disillusioned voters who supported the faux populism of Donald Trump. Charting a plan for bold action based on political precedent, Can Democracy Survive Global Capitalism? is essential reading for anyone eager to reverse the decline of democracy in the West.