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Economics and Finance (R0)

Claes Berg

Gunnar Myrdal

A Life of Many Dilemmas

&lt;p&gt;Chapter 1.&amp;nbsp;Why Gunnar Myrdal?.- Chapter 2.&amp;nbsp;Childhood, Study Years, Roots, and the Early Years with Alva.- Chapter 3.&amp;nbsp;The Value Premises of Social Scientists Must Be Clarified.- Chapter 4.&amp;nbsp;The Macroeconomic Revolution in Theory and Practice.- Chapter 5.&amp;nbsp;The Emergence of the Welfare State Through Social Engineering.- Chapter 6.&amp;nbsp;An American Dilemma.- Chapter 7.&amp;nbsp;Post War Planner and Trade Minister.- Chapter 8.&amp;nbsp;UN Economic Commission for Europe.- Chapter 9.&amp;nbsp;The Swedish Welfare Model: Increased State and Societal&amp;nbsp; Capacity.- Chapter 10.&amp;nbsp;Integration, Development and Aid to Poor Countries.- Chapter 11.&amp;nbsp;Asian Drama.- Chapter 12.&amp;nbsp;Stances in the 1960s.- Chapter 13.&amp;nbsp;The Pinnacle of the Swedish Model and the Nobel Prize- Chapter 14.&amp;nbsp;Revisiting the American Dilemma and the Final Years.- Chapter 15.&amp;nbsp;The Legacy of Myrdal: Is the Swedish Welfare State Dead?.- Chapter 16.&amp;nbsp;The Legacy of Myrdal: What Role Do Institutions Play in Social Theory?.&lt;/p&gt;


Mercatus Studies in Political and Social Economy

“In Disrupting Order, authors Nona and Virgil Storr provide a compelling reassessment of the significance of the Burma Road Riot.… Beyond a solid theoretical intervention, the authors are to be commended for the depth of archival and ethnographic research that makes this study an excellent contribution to Bahamian social-political history and larger studies on public disturbances.”—Christopher Curry, author of&nbsp;Freedom and Resistance
"This book provides a fascinating account of the 1942 riot that occurred in the Bahamas.”—Matthew Moran, author of&nbsp;The Republic and the Riots
“It does not glorify unrest but provides a thoughtful framework to understand why such moments arise and how they shape the trajectory of a people.”—J. Kwasi Thompson, Member of Parliament for East Grand Bahama and Former Minister of State for Grand Bahama and Finance
Are riots more than just breakdowns of order? Are rioters just violently and chaotically disrupting the status quo or are they individuals acting together in a surprisingly orderly manner? In Disrupting Order,&nbsp;Nona Martin Storr and Virgil Henry Storr argue that riots are rule-governed, self-generating, emergent phenomena. Viewing riots as what they call “tensive emergent orders” offers a grammar for discussing riots that foregrounds the motivations and actions of individual rioters, the tacit rules that rioters follow, and the socio-political causes and consequences of riots. Applying this grammar to the 1942 riot that occurred in the Bahamas, Storr and Storr demonstrate how the 1942 riot was not just a momentary outburst but a watershed event in the country’s history, ushering in far-reaching socio-political changes. As we move into an era of frequent extreme protests,&nbsp;Disrupting Order&nbsp;urges us to rethink why the threatened and marginalized sometimes speak through riots and gives us a framework to assess the impact of their speaking in this way.
Nona Martin Storr&nbsp;is Senior Affiliated Scholar at the Mercatus Center at George Mason University. Her writings on riots have appeared in the Journal of Caribbean History,&nbsp;Island Studies Journal, and&nbsp;Space and Culture.
Virgil Henry Storr is Don C. Lavoie Senior Fellow in the Mercatus Center's F.A. Hayek Program for Advanced Study in Philosophy, Politics and Economics, and Professor of Economics at George Mason University. Storr’s previous books with Palgrave Macmillan include&nbsp;Do Markets Corrupt Our Morals?&nbsp;and&nbsp;Community Revival in the Wake of Disaster.

Tension, Riots, and Social Change

Disrupting Order

From the New York Times bestselling author of The Shia Revival Now with a new afterword by the author, this gripping account overturns simplistic portrayals of Iran as a theocratic pariah state, revealing how its strategic moves on the world stage are driven by two pervasive threats—external aggression and internal dissolution Iran presents one of the most significant foreign policy challenges for America and the West, yet very little is known about what the country’s goals really are. Vali Nasr examines Iran’s political history in new ways to explain its actions and ambitions on the world stage, showing how, behind the veneer of theocracy and Islamic ideology, today’s Iran is pursuing a grand strategy aimed at securing the country internally and asserting its place in the region and the world. Drawing on memoirs, oral histories, and original in-depth interviews with Iranian decision makers, Nasr brings to light facts and events in Iran’s political history that have been overlooked until now. He traces the roots of Iran’s strategic outlook to its experiences over the past four decades of war with Iraq in the 1980s and the subsequent American containment of Iran, invasion of Iraq in 2003, and posture toward Iran thereafter. Nasr reveals how these experiences have shaped a geopolitical outlook driven by pervasive fear of America and its plans for the Middle East. Now with an afterword by the author that addresses recent developments in Iran’s domestic and world affairs, Iran’s Grand Strategy challenges the notion that Iran’s foreign policy simply reflects its revolutionary values or theocratic government. It provides invaluable insights into what Iran wants and why, explaining the country’s resistance to the United States, its nuclear ambitions, and its pursuit of influence and proxies across the Middle East.

A Political History

Iran's Grand Strategy

This book provides unique insight into the economics of migrant integration and the role played by institutions in this process. With a focus on informal institutions, integration is reframed as a complex interplay between migrant characteristics, host society institutions, and the cultural distances that separate them. An institutional economics perspective is offered to highlight the importance of cultural distance on integration outcomes and show how policy interventions can address integration challenges. Broader issues, such as generational change, gender, socio-economic class, and economic decision-making, are also covered.This book presents a new framework for understanding the economics of migrant integration that acknowledges the complex and multifaceted nature of this process. It will be relevant to students, researchers, and policymakers interested in the economics of migration, institutional economics, and economic integration.Daniel Rauhut
 is a Research Associate at the Institute for Applied Research of Ageing, Austria, and an Affiliated Researcher at the University of Lisbon, Portugal. He is also Director for the Centre for Migration and Integration Studies in Lund, Sweden.

How Informal Institutions Impact the Integration Process

Institutional Economics and Immigrant Integration

Sharing economy promised a way of using property for the mutual benefit of owners and consumers, but in the last decade it has only worked to profit large commercial platforms. This book shows how institutions of risk management are part of this problem and offers a solution: collaborative risk structures. The book uncovers risk as the missing element in accounts of property theory and sharing economy. Drawing on diverse insights from economic theory and legal studies, it explains how property and private law form a risk management infrastructure which reinforces private property, and examines the paralysing effects this has on sharing, by constraining it to extractive market relations and stifling its collaborative potential. The book argues that overcoming these constraints is key to realising collaborative property and curbing the drawbacks of private ownership. It proposes institutional design principles and offers heuristic solutions such as radical uses of private law tools and insurance mechanisms to build a collaborative risk system capable of supporting more equitable and diversified forms of sharing.

Risk in the Sharing Economy

Luxemburg International Studies in Political Economy

This book explores the legacy of economist Eugen Varga and the continued importance of his life and work. It examines the influence of Marx and Luxemburg on Varga’s ideas, particularly his analysis of the capitalist mode of production and his theoretical work on the development of an alternative mode of production. How Varga found limitations in not just his own strongly empirical epistemology, but also in the anti-dialectic Stalinist system are discussed, alongside why these critiques remain relevant in relation to neoliberal theories, inequality, and ecological concerns. Varga’s specific notion of the modern state, his political economy analysis, and his position within the Marxist economic tradition are also covered.

This book provides insight into the challenges faced when attempting to overcome the capitalist mode of production, as well as the historical limitations of scientific research and how ideas can be corrupted by personal, political, and societal forces. It will be relevant to students and researchers interested in Marxist economics, the political economy, and the history of economic thought.

The Economic Legacy of Eugen Varga

What is the role of the library in an increasingly complex information environment filled with and redesigned for artificial intelligence? Hope in the Library presents a compelling case for the continued relevance of libraries in an age increasingly shaped by artificial intelligence. Michael J. Paulus, Jr., shows how libraries, as human-centered and human-scaled institutions, have enduring roles as archives for reflection and understanding, sites of imagination and hope, and catalysts for human agency. This book argues that, by providing an essential counterbalance to impersonal and automated systems, libraries are essential for not only surviving but thriving in our emerging information environment. Hope in the Library is structured as a series of essays organized by explorations of the library in the past, in imagined futures, and in our digitally-enhanced present. Firsthand narrative and archaeological history are interspersed with literary meditations from writers including Mary Shelley, Ursula K. Le Guin, and Jorge Luis Borges. The book can be read a few different ways: from beginning to end; following topical pathways suggested in the final section; or in any other order chosen by the reader. Each essay and section, like a book or section of a library, may be read independently. Informed by over two decades of leading and studying libraries, these essays include the author's professional as well as personal reflections and encourage a more radical reframing of how AI may be integrated into libraries and society to help create a better future.

How Libraries Can Help Shape Our Future with Artificial Intelligence

Hope in the Library

Palgrave Studies in the History of Economic Thought

This book examines the economic ideas of notable scientists and how they have contributed to the conception of science, technology, and innovation within the history of economic thought. It examines the economic ideas of notable scientists and evaluates their position within the history of economics. From Copernicus’ interests in monetary theory and Galileo’s pondering of the relationship between science and technology, to Einstein’s analysis of the Great Depression and Marie Curie’s innovations in the financing of research, a long history of the relationship between science, technology, and economics is presented.This book offers unique insight into an overlooked contribution to economic thought. It will be relevant to students and researchers interested in technological development and the history of economic thought.Estrella Trincado Aznar
 is Professor of History of Economic Thought at the Complutense University of Madrid, Spain.

How Scientists Have Influenced the History of Economics

The Economic Ideas of Notable Scientists

A provocative new theory of "the economy," its history, and its politics that better unites history and economics What is the economy, really? Is it a "market sector," a "general equilibrium," or the "gross domestic product"? Economics today has become so preoccupied with methods that economists risk losing sight of the economy itself. Meanwhile, other disciplines, although often intent on criticizing the methods of economics, have failed to articulate an alternative vision of the economy. Before the ascent of postwar neoclassical economics, fierce debates raged, as many different visions of the economy circulated and competed with one another. In The Real Economy, Jonathan Levy returns to the spirit of this earlier era, which, in all its contentiousness, gave birth to the discipline of economics. Drawing inspiration particularly from Thorstein Veblen and John Maynard Keynes, Levy proposes a theory of the economy that is open to rich empirical and historical scrutiny, covering topics that include the emergence of capitalism, the notion of radical uncertainty, the meaning of demand, the primal desire for money, the history of corporations, and contemporary globalization. Writing for anyone interested in the study of the economy, Levy provides an invaluable provocation for a broader debate in the social sciences and humanities concerning what "the economy" is.

History and Theory

The Real Economy

How fiscal and economic policy choices reflect moral points of view How much of your hard-earned money is it fair for the state to tax? What public services should the state finance with that money? Surveys show that people care more about fairness than efficiency in fiscal and economic matters, and that they are increasingly anxious about inequalities of income, wealth, and opportunities. It’s clear that the choices made by policymakers about who benefits from a given economic policy are also moral choices. In this book, economist Paolo Mauro looks at the interplay between moral perspectives and policy decisions. After analyzing how the role of the state has evolved in response to economic transformations and changing notions of good government, he traces the rising gap between actual practice and what citizens consider to be fair taxation and public service provision policies. Mauro connects fiscal policy trends to insights from other fields, including ideas from moral philosophy, social science surveys on attitudes toward taxation and public services, and studies of corruption. He offers a concise but compelling overview of philosophy relevant to fiscal issues; considers how people perceive inequalities; traces the moral choices made by states as they develop new policies on taxation and spending; and looks at opportunities and incentives for malfeasance within the system. Building on this, Mauro calls for policymakers to engage with a wider range of moral viewpoints. If we are open to ideas from a variety of disciplines, he argues, we can chart a path for fiscal policies that will help preserve democracy, combat inequality, and promote social cohesion.

A Global Perspective on Morality and Public Finance

The State and Your Hard-Earned Money

Great Thinkers in Economics

This book provides unique insight into the influential and impactful working life of Barbara Bergmann. It charts her life and career to contextualize her early work on racial and gender discrimination within the labour market, as well as her analysis of the traditional gendered division of labor within the household. Her significant contributions to economic methodology, her critique of mainstream economics, and her role in the establishment of feminist economics during the 1980s and 1990s are scrutinized, with particular attention to her definition of feminism and conceptualization of commodification. The book also examines her efforts to promote gender equality in public policy, along with her public engagement in advancing a progressive agenda on social security and welfare reform to an audience beyond academia.This book highlights the lasting impact Barbara Bergmann had at the intersection of economics, race, feminism, and social justice. It will be relevant to students and researchers interested in the history of economic thought and the origin and development of feminist economics.Giandomenica Becchio
 is Professor of Economics at the University of Torino.

An Intellectual Biography

Barbara Bergmann

“With humane learning and interpretive precision, Peart and Levy recover the moral and social premises of specialization, reminding us that the wealth of nations rests on our willingness to regard one another as equals.” —Bart J. Wilson, Professor of Economics and Law, Smith Institute for Political Economy and Philosophy, Chapman University and author of 
 
 Meaningful Economics
 Understanding the interplay between equality and specialization is challenging because it is often buried in lengthy academic treatises and complex economic theories. Many politicians believe that specialization and market activity lead to inequality. In this book, economists Sandra J. Peart and David M. Levy argue that the tension between specialization and equality is more imagined than real. They use the sympathetic moral philosophy of Adam Smith, suggesting that people can imagine themselves in others' shoes, thereby guiding policy choices to limit specialization and ensure it benefits everyone. A presumption of equal dignity allows for interventions to correct past harms and reduce substantial inequality of outcomes.This book explores the relationship between specialization and equality, arguing that the perceived tension between them is more imagined than real. It revisits the ideas of Adam Smith and John Stuart Mill, suggesting that equal dignity and the capacity to learn can harmonize specialization with economic benefits. The book also examines how legislative actions and cultural factors have historically exacerbated inequality, particularly through the lens of race and gender.Readers will gain comprehensive insights to help them understand how markets and specialization impact well-being in the real world. The book questions whether there is a limit within a market for individual specialization, and it explores solutions for mitigating the associated risks. It also highlights the importance of policy choices guided by empathy and equal dignity, offering insights into correcting past harms and promoting equitable outcomes. This book is particularly relevant for those interested in the economic intersections of race, gender, and economic policy.Sandra J. Peart
 is Dean of the Jepson School of Leadership Studies, E. Claiborne Robins Distinguished Professor in Leadership Studies, and President of the Jepson Scholars Foundation.&nbsp;
 David M. Levy
 is Professor of Economics at George Mason University.&nbsp;

Economic Ideas in Tension

Equality and Specialization

This book examines the interplay between economics, societal evolution, and social justice. It suggests that social justice is an essential part of a free and democratic society and is a key component within the evolution of society. Through a systematic and quantitative analysis of societal evolution, a new vision of economics is presented that is based around robustness, ethics, resilience, and sustainability. By bringing together behavioral and institutional approaches to economics, it offers a new perspective on the formation of the state and the role of economics within modern society.This book provides a new theoretical framework for economic policy and analysis. It will be relevant to students and researchers interested in economic theory and social justice.Emil Dinga
 is an Economist at the Romanian Academy.

An Epistemological Approach

The Economics of Social Justice and Societal Evolution

Gunnar Myrdal

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