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Karim R: Bubble Up Economics

Bubble Up Economics

World Economies

For most of the postwar period South Africa has been the largest economy in Africa, with relatively high levels of industrialization, a modern banking and financial sector and a globally significant mining industry. However, today discussion of its economy is dominated by its widespread poverty, high unemployment and extreme inequality - inequality which still exhibits strong racial lines despite the emergence of a new black elite and middle class. Indeed, amongst the countries with reliable measures, South Africa ranks as the most unequal country in the world. Sam Ashman provides a penetrating and insightful survey of South Africa's postwar economic history, in particular its economic development since 1994, when the African National Congress came to office and universal adult suffrage was finally introduced. The book examines both the legacy of the apartheid era political economy, as well as the impact of financial and trade liberalization since the 1990s, and the privatization and corporate restructuring that have, if anything, deepened the structural economic challenges the country now faces. Key features of the economy are examined in turn, including the continuing importance of mining and the export of primary commodities; the liberalization and financialization of the economy and the deindustrialization arising from that; the dominance of oligopolies in major sectors; and the ongoing crises of poverty, unemployment and rising inequality.

An economic history of postwar South Africa, with particular focus on the modern post-apartheid period.

The South African Economy

Routledge Frontiers of Political Economy

Innovative and cutting-edge, this book proposes an alternative philosophical framework for economics which will reconfigure economics and social theory as historical disciplines that analyze successive standardizations of social practices.

Innovative and cutting-edge, this book proposes an alternative philosophical framework for economics which will reconfigure economics and social theory as historical disciplines that analyze successive standardizations of social practices.

Economics and Social Theory

In striking black-and-white portraits, dozens of survivors of Michigan's cruel sentencing of children to life without parole-now free adults-are portrayed with irrepressible dignity&nbsp; 
 
The United States is the only country in the world that sentences children to serve time in adult prisons without the possibility of parole. The portrayal of children in conflict with the law, particularly children of color, as inherently threatening, dangerous, and adult-like has been key to denying these youth a second chance and foundational in justifying their cruel and excessive punishment in the criminal legal system.. 
 
In&nbsp;Morning from Now On, LaBelle, himself a survivor of childhood incarceration, cocreates astute and nuanced portraits with more than fifty of the hundreds of people in Michigan incarcerated as children. Accompanying essays provide critical context on the history of and impact on a society that locks away our children. 
 
In witnessing these survivors' yearning for freedom, the obstacles they face upon reentry, as well as the wonder and joy of being reunited with their families and communities, this collection reminds us of their unfathomable losses and calls on us to cherish&nbsp;all&nbsp;our children. 
 
With contributions by Jose Burgos, Bernardine Dohrn, Xavier McElrath-Bey, Timothy Connors, and Alison Leal Parker

Portraits of Life after Juvenile Incarceration

Morning from Now On

Every leader comes to power promising growth: think back to the campaigns of Boris, Truss, Trump. Yet real-term income isn't improving. Across the West, growth has stagnated for well over a decade, leading to cost of living crises, political instability and rising social tensions. Is real economic growth still possible? And with the climate emergency accelerating beyond repair, should we still be pushing for it? In Icarus Economics, acclaimed economist John Rapley argues that the problem of growth is inherently tied up with the climate crisis. We often assume that poor countries will bear the brunt of climate change, pandemics, and other exogenous shocks, but this book argues the opposite: western societies have more wealth and capital to lose and are less inherently resilient. In this book, he shows us how rich countries can grow their own economies by helping poor countries to decarbonise - and in the process, mitigate the effects of climate change.

Why Rich Economies Are Struggling - and How to Fix Them

Icarus Economics

A textbook that examines how societies reach decisions about the use and allocation of economic resources While economic research emphasizes the importance of governmental institutions for growth and progress, conventional public policy textbooks tend to focus on macroeconomic policies and on tax-and-spend decisions. Markets, State, and People stresses the basics of welfare economics and the interplay between individual and collective choices. It fills a gap by showing how economic theory relates to current policy questions, with a look at incentives, institutions, and efficiency. How should resources in society be allocated for the most economically efficient outcomes, and how does this sit with society's sense of fairness? Diane Coyle illustrates the ways economic ideas are the product of their historical context, and how events in turn shape economic thought. She includes many real-world examples of policies, both good and bad. Readers will learn that there are no panaceas for policy problems, but there is a practical set of theories and empirical findings that can help policymakers navigate dilemmas and trade-offs. The decisions faced by officials or politicians are never easy, but economic insights can clarify the choices to be made and the evidence that informs those choices. Coyle covers issues such as digital markets and competition policy, environmental policy, regulatory assessments, public-private partnerships, nudge policies, universal basic income, and much more. Markets, State, and People offers a new way of approaching public economics. <ul><li>A focus on markets and institutions </li><li>Policy ideas in historical context </li><li>Real-world examples </li><li>How economic theory helps policymakers tackle dilemmas and choices </li></ul>

Economics for Public Policy

Markets, State, and People

Economic Perspectives on Institutions provides an introduction to the economic analysis of institutions, particularly with respect to the core issues of conflict, coordination and inequality, offering an essential synthesis of what we have learnt so far and highlighting the major gaps to be filled. Readers are introduced to some of the best ideas produced in the field of institutional economics and are provided with a critical assessment both of their ability to explain a number of crucial problems and to offer a guide to the choice of the best policies. This book will be essential reading to all those studying and researching in the field of institutional economics.

Economic and social institutions are more and more important in modern economic systems. Efficiency, equity and also economic evolution depend on them. Indeed, since the pioneering analyses of Coase, North and Williamson huge progress has been made in the understanding of the influence of institutions on the working of economic systems. However, institutions are still a rather disregarded topic both in the analysis of economic phenomena and in the design of economic policies. This book offers a critical assessment of the results achieved so far by the various strands of Institutional Economics that paves the way for further improvements.Economic Perspectives on Institutions provides an introduction to the economic analysis of institutions, particularly with respect to the core issues of conflict, coordination and inequality, offering an essential synthesis of what we have learnt so far and highlighting the major gaps to be filled. Readers are introduced to some of the best ideas produced in the field of institutional economics and are provided with a critical assessment both of their ability to explain a number of crucial problems and to offer a guide to the choice of the best policies. This book will be essential reading to all those studying and researching in the field of institutional economics.

Conflict, Coordination, Inequality

Economic Perspectives on Institutions

An economic history of postwar South Africa, with particular focus on the modern post-apartheid period.

The Economics of Legal Relationships

The author of more than 50 books and 150 articles, Richard Posner is one of the most cited legal scholars of the 20th century. His sometimes controversial views are incredibly complex, but are unified by the use of economics to analyze law and legal phenomena. This book offers an innovative and highly original guide to Posner's economic analysis of law.

The author of more than 50 books and 150 articles, Richard Posner is one of the most cited legal scholars of the 20th century. His sometimes controversial views are incredibly complex, but are unified by the use of economics to analyze law and legal phenomena. This book offers an innovative and highly original guide to Posner's economic analysis of law.

A Guide to Posner's Economic Analysis of Law

Its Defence and Reform

Overseas Aid 2nd Edition

In The Four Paradigms in Economics: Theories, Concepts, and Analytical Tools, Kavous Ardalan demonstrates how these four paradigms explain any economics phenomenon differently, and therefore, together they provide a broader and deeper understanding of the economic phenomenon under consideration. The main theme of The Four Paradigms of Economics is that social theory can usefully be conceived in terms of these four key paradigms: functionalist, interpretive, radical humanist, and radical structuralist. The four paradigms are founded upon different assumptions about the nature of social science and society, and therefore, provide different explanations of any phenomenon. The book also looks at the major prevailing schools of thought in economics (Neo-Classical Economics, New Institutional Economics, Behavioral Economics, Austrian Economics, Post-Keynesian Economics, Institutional Economics, Social Economics, Radical Economics, and Marxist Economics) from the point of view of the four paradigms and locates them within the four-paradigm framework.

Theories, Concepts, and Analytical Tools

The Four Paradigms in Economics

Decisions are everywhere--from a group's choice of pizza to a decision on a family vacation to the elections of political leaders. Central to the functioning of our organizations is the belief that these decisions reflect the wishes of voters. Yet most voting rules are unreliable and can lead to unfair outcomes. And, while a large body of academic literature describes the flaws and limitations of standard voting methods, little is known about why they occur. In Fair Voting Methods, Donald G. Saari explores the difficulties that have plagued social choice theory for over seventy-five years. Focusing on ranked choice voting and group decision-making, Saari expands on Arrow's impossibility theorem and presents a more precise statement: all standard voting rules either fail to always rank the candidates to determine who is preferred to whom, or the voting outcomes can result in inferior choices that are not what the voters wanted. Saari then identifies and resolves the structures that negatively impact voting systems. While Arrow's seminal result asserted that the problems of standard voting systems are unavoidable, Saari makes a bold and compelling case that there are indeed usable fair voting methods. He introduces one such method that achieves Arrow's objectives of always ranking candidates with outcomes that reflect voters' intent. The book concludes by applying insights from voting theory into other topics where parts are also assembled into wholes, including judgement aggregation, corporate structures, crime prevention, the US Electoral College, and standard scientific procedures.

Resolving Arrow's Theorem and Other Paradoxes

Fair Voting Methods

Bubble Up Economics

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