Phishing for Phools: The Economics of Manipulation and Deception


George A. Akerlof - 2015
    In Phishing for Phools, Nobel Prize-winning economists George Akerlof and Robert Shiller deliver a fundamental challenge to this insight, arguing that markets harm as well as help us. As long as there is profit to be made, sellers will systematically exploit our psychological weaknesses and our ignorance through manipulation and deception. Rather than being essentially benign and always creating the greater good, markets are inherently filled with tricks and traps and will phish us as phools.Phishing for Phools therefore strikes a radically new direction in economics, based on the intuitive idea that markets both give and take away. Akerlof and Shiller bring this idea to life through dozens of stories that show how phishing affects everyone, in almost every walk of life. We spend our money up to the limit, and then worry about how to pay the next month's bills. The financial system soars, then crashes. We are attracted, more than we know, by advertising. Our political system is distorted by money. We pay too much for gym memberships, cars, houses, and credit cards. Drug companies ingeniously market pharmaceuticals that do us little good, and sometimes are downright dangerous.Phishing for Phools explores the central role of manipulation and deception in fascinating detail in each of these areas and many more. It thereby explains a paradox: why, at a time when we are better off than ever before in history, all too many of us are leading lives of quiet desperation. At the same time, the book tells stories of individuals who have stood against economic trickery--and how it can be reduced through greater knowledge, reform, and regulation.

A Peculiar Indifference: The Neglected Toll of Violence on Black America


Elliott Currie - 2020
    Violence takes more years of life from Black men than cancer, stroke, and diabetes combined; a young Black man in the United States has a fifteen times greater chance of dying from violence than his white counterpart. Even Black women suffer violent death at a higher rate than white men, despite homicide's usual gender patterns. Yet while the country has been rightly outraged by the recent spate of police killings of Black Americans, the shocking amount of "everyday" violence that plagues African American communities receives far less attention, and has nearly disappeared as a target of public policy.As acclaimed criminologist Elliott Currie makes clear, this pervasive violence is a direct result of the continuing social and economic marginalization of many Black communities in America. Those conditions help perpetuate a level of preventable trauma and needless suffering that has no counterpart anywhere in the developed world. Compelling and accessible, drawing on a rich array of both classic and contemporary research, A Peculiar Indifference describes the dimensions and consequences of this enduring emergency, explains its causes, and offers an urgent plea for long-overdue social action to end it.

Social Statistics for a Diverse Society


Chava Frankfort-Nachmias - 1996
    The authors help students learn key sociological concepts through real research examples related to the dynamic interplay of race, class, gender, and other social variables.

The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It


Paul Collier - 2007
    The book shines much-needed light on this group of small nations, largely unnoticed by the industrialized West, that are dropping further and further behind the majority of the world's people, often falling into an absolute decline in living standards. A struggle rages within each of these nations between reformers and corrupt leaders--and the corrupt are winning. Collier analyzes the causes of failure, pointing to a set of traps that ensnare these countries, including civil war, a dependence on the extraction and export of natural resources, and bad governance. Standard solutions do not work, he writes; aid is often ineffective, and globalization can actually make matters worse, driving development to more stable nations. What the bottom billion need, Collier argues, is a bold new plan supported by the Group of Eight industrialized nations. If failed states are ever to be helped, the G8 will have to adopt preferential trade policies, new laws against corruption, new international charters, and even conduct carefully calibrated military interventions. Collier has spent a lifetime working to end global poverty. In The Bottom Billion, he offers real hope for solving one of the great humanitarian crises facing the world today.

One Billion Americans: The Case for Thinking Bigger


Matthew Yglesias - 2020
    If the most challenging crisis in living memory has shown us anything, it's that America has lost the will and the means to lead. We can't compete with the huge population clusters of the global marketplace by keeping our population static or letting it diminish, or with our crumbling transit and unaffordable housing. The winner in the future world is going to have more--more ideas, more ambition, more utilization of resources, more people.Exactly how many Americans do we need to win? According to Matthew Yglesias, one billion.From one of our foremost policy writers, One Billion Americans is the provocative yet logical argument that if we aren't moving forward, we're losing. Vox founder Yglesias invites us to think bigger, while taking the problems of decline seriously. What really contributes to national prosperity should not be controversial: supporting parents and children, welcoming immigrants and their contributions, and exploring creative policies that support growth--like more housing, better transportation, improved education, revitalized welfare, and climate change mitigation. Drawing on examples and solutions from around the world, Yglesias shows not only that we can do this, but why we must.Making the case for massive population growth with analytic rigor and imagination, One Billion Americans issues a radical but undeniable challenge: Why not do it all, and stay on top forever?

Marx's Das Kapital For Beginners


Michael Wayne - 2011
    Marx’s Das Kapital For Beginners is an introduction to the Marxist critique of capitalist production and its consequences for a whole range of social activities such as politics, media, education and religion. Das Kapital is not a critique of a particular capitalist system in a particular country at a particular time. Rather, Marx ‘s aim was to identify the essential features that define capitalism, in whatever country it develops and in whatever historical period. For this reason, Das Kapital is necessarily a fairly general, abstract analysis. As a result, it can be fairly difficult to read and comprehend. At the same time, understanding Das Kapital is crucial for mastering Marx’s insights to capitalism.  Marx’s Das Kapital For Beginners offers an accessible path through Marx’s arguments and his key questions: What is a commodity? Where does wealth come from? What is ‘value’? What happens to work under capitalism? Why is crisis part of capitalism’s DNA? And what happens to our consciousness, our very perceptions of reality and our ways of thinking and feeling under capitalism?  Understanding and learning from Marx’s work has taken on a fresh urgency as questions about the sustainability of the capitalist system in today’s global economy intensify.

The Meritocracy Trap: How America's Foundational Myth Feeds Inequality, Dismantles the Middle Class, and Devours the Elite


Daniel Markovits - 2019
    Even as the country divides itself at every turn, the meritocratic ideal - that social and economic rewards should follow achievement rather than breeding - reigns supreme. Both Democrats and Republicans insistently repeat meritocratic notions. Meritocracy cuts to the heart of who we are. It sustains the American dream.But what if, both up and down the social ladder, meritocracy is a sham? Today, meritocracy has become exactly what it was conceived to resist: a mechanism for the concentration and dynastic transmission of wealth and privilege across generations. Upward mobility has become a fantasy, and the embattled middle classes are now more likely to sink into the working poor than to rise into the professional elite. At the same time, meritocracy now ensnares even those who manage to claw their way to the top, requiring rich adults to work with crushing intensity, exploiting their expensive educations in order to extract a return. All this is not the result of deviations or retreats from meritocracy but rather stems directly from meritocracy's successes.This is the radical argument that Daniel Markovits prosecutes with rare force. Markovits is well placed to expose the sham of meritocracy. Having spent his life at elite universities, he knows from the inside the corrosive system we are trapped within. Markovits also knows that, if we understand that meritocratic inequality produces near-universal harm, we can cure it. When The Meritocracy Trap reveals the inner workings of the meritocratic machine, it also illuminates the first steps outward, towards a new world that might once again afford dignity and prosperity to the American people.

It Will All Make Sense When You're Dead: Messages From Our Loved Ones in the Spirit World


Priscilla A. Keresey - 2011
    After a brief tale of her own introduction to the paranormal, the author shares funny, poignant, and insightful words straight from the spirit people themselves. Together, the living and the dead seek forgiveness, solve family mysteries, find closure, settle scores, and come together for birthdays, anniversaries, and graduations. Quoting directly from her readings and séances, Priscilla reports the spirit perspective on mental illness, suicide, religion, and even the afterlife itself. For those readers interested in developing their own spirit communication skills, the last section of the book offers meditations and exercises used by the author herself, both personally and with her students. "It Will All Make Sense When You’re Dead" is chock-full of simple and entertaining wisdom, showing us how to live for today, with light hearts and kindness.

Art of Stock Investing: Leverage on great companies, churning more and more profits every year


Manikandan Ramalingam - 2017
     Leverage on great companies, churning more and more profits every year

Bridges Out of Poverty: Strategies for Professionals and Communities


Ruby K. Payne - 1999
    Based in part on Dr. Ruby K. Payne's myth shattering A Framework for Understanding Poverty, Bridges reaches out to the millions of service providers and businesses whose daily work connects them with the lives of people in poverty. In a highly readable format you'll find case studies, detailed analysis, helpful charts and exercises, and specific solutions you and your organization can implement right now to: Redesign programs to better serve people you work with; build skill sets for management to help guide employees; upgrade training for front-line staff like receptionists, case workers, and managers; improve treatment outcomes in health care and behavioral health care; increase the liklihood of moving from welfare to work. If your business, agency, or organization works with people from poverty, only a deeper understanding of their challenges--and strengths--will help you partner with them to create opportunities for success.

The Bell Curve: Intelligence and Class Structure in American Life


Richard J. Herrnstein - 1994
    The controversial book linking intelligence to class and race in modern society, and what public policy can do to mitigate socioeconomic differences in IQ, birth rate, crime, fertility, welfare, and poverty.

Open Borders: The Science and Ethics of Immigration


Bryan Caplan - 2019
    Those in favor of welcoming more immigrants often cite humanitarian reasons, while those in favor of more restrictive laws argue the need to protect native citizens.But economist Bryan Caplan adds a new, compelling perspective to the immigration debate: He argues that opening all borders could eliminate absolute poverty worldwide and usher in a booming worldwide economy—greatly benefiting humanity.With a clear and conversational tone, exhaustive research, and vibrant illustrations by Zach Weinersmith, Open Borders makes the case for unrestricted immigration easy to follow and hard to deny.

Revolt: The Worldwide Uprising Against Globalization


Nadav Eyal - 2021
    Not everyone will agree with Eyal's interpretation, but few will remain indifferent." —Yuval Noah Harari, author of Sapiens    An eye-opening examination of nationalism’s spread around the world as the promise of globalism wanesRevolt is an eloquent and provocative challenge to the prevailing wisdom about the rise of nationalism and populism. With a vibrant and informed voice, Nadav Eyal illustrates how modern globalization is not sustainable. He contends that the collapse of the current world order is not so much about the imbalance between technological achievement and social progress or the breakdown of liberal democracy as it is about a passion to upend and destroy power structures that have become hollow, corrupt. or simply unresponsive to urgent needs. Eyal illuminates the benign and malignant forces that have so rapidly transformed our economic, political, and cultural realities, shedding light not only on the economic and cultural revolution that has come to define our time but also on the counterrevolution waged by those it has marginalized and exploited. With a mixture of journalistic narrative, penetrating vignettes, and original analysis, Revolt shows that the left and right have much in common. Eyal tells stories of distressed Pennsylvania coal miners, anarchist communes on the outskirts of Athens, a Japanese town with collapsing fertility rates, neo-Nazis in Germany, and Syrian refugee families whom he accompanied from the shores of Greece to their destination in Germany. Into these reports from the present Eyal weaves lessons from the past, from the opium wars in China to colonialist Haiti to the Marshall Plan. With these historical ties, he shows that the revolts’ roots have always been deep and strong, and that rather than seeing current uprisings as part of a passing phenomenon, we should recognize that revolt is the new status quo.

The Conscience of a Liberal


Paul Krugman - 2007
    Seeking to understand both what happened to middle-class America and what it will take to achieve a "new New Deal," Krugman has created his finest book to date, a work that weaves together a nuanced account of three generations of history with sharp political, social, and economic analysis. This book, written with Krugman's trademark ability to explain complex issues simply, will transform the debate about American social policy in much the same way as did John Kenneth Galbraith's deeply influential book, The Affluent Society.

Readings about the Social Animal


Elliot Aronson - 1973
    Organized to illustrate the major themes of Elliot Aronson's The Social Animal, this collection of classic and contemporary readings explores the most important ideas, issues, and debates in social psychology today.