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Thomas Sowell “both surprises and overturns received wisdom” in this indispensable examination of widespread economic fallacies (The Economist) Economic Facts and Fallacies exposes some of the most popular fallacies about economic issues-and does so in a lively manner and without requiring any prior knowledge of economics by the reader. These include many beliefs widely disseminated in the media and by politicians, such as mistaken ideas about urban problems, income differences, male-female economic differences, as well as economics fallacies about academia, about race, and about Third World countries. One of the themes of Economic Facts and Fallacies is that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power-and makes careful examination of their flaws both necessary and important, as well as sometimes humorous. Written in the easy-to-follow style of the author's Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.
With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.
The Intellectual Origins of Jeffersonian Democracy, available for the first time in this Lexington Books edition, is Douglass Adair's first major work of historical inquiry. Adair was a mentor to many of the nation's leading scholars and has long been admired for his original and profound observations about the founding of the American republic. Written in 1943, The Intellectual Origins of Jeffersonian Democracy has been praised widely as the seminal analysis of the origins of American democracy. The passage of time has not dulled Adair's arguments; instead, his critique of economic determinism, his emphasis on the influence of ideology on the Founders, and his belief in the importance of civic virtue and morality to good republican government have become ever more critical to our conception of American history. With judicious prose and elegant insights, Adair explores the classical and modern European heritage of liberalism, and he raises fundamental questions about the nature of democratic government. This book is for any serious reader interested in American intellectual history, political thought, and the founding of the republic.
Working time is a crucial issue for both research and public policy. This book presents the first comprehensive analysis of both paid and unpaid work time, integrating a unique discussion of overwork, underwork, shortening of the working week, and flexible work practices. Time at work is affected by a complex web of evolving culture and social relations, as well as market, technological, and macroeconomic forces, and institutions such as collective bargaining and government policy. Using a variety of new data sources, the authors review the latest trends on working time in numerous countries.
Histories of Anthropology Annual promotes diverse perspectives on the discipline's history within a global context. Critical, comparative, analytical, and narrative studies involving all aspects and subfields of anthropology will be included, along with reviews and shorter pieces.This inaugural volume offers insightful looks at the careers, lives, and influence of anthropologists and others, including Herbert Spencer, Frederick Starr, Mark Hanna Watkins, Leslie White, and Jacob Ezra Thomas. Topics in this volume include anti-imperialism; racism in Guatemala; the study of peasants; the Carnegie Institution, Mayan archaeology and espionage; Cold War anthropology; African studies; literary influences; church and religion; and tribal museums.Regna Darnell is a professor of anthropology at the University of Western Ontario. She is the author of Invisible Genealogies: A History of Americanist Anthropology (Nebraska 2001) and Edward Sapir: Linguist, Anthropologist, Humanist . Frederic W. Gleach is a senior lecturer and curator of anthropology at Cornell University and the author of Powhatan's World and Colonial Virginia: A Conflict of Cultures (Nebraska 1997). Together they co-edited Celebrating a Century of the American Anthropological Association: Presidential Portraits (Nebraska 2002).
Introduction -- Elucidating complexity theories -- Complexity in the natural sciences -- Complexity in social theory -- Towards transdisciplinarity -- Complexity in philosophy: complexification and the limits to knowledge -- Complexity in ethics -- Earth in the anthropocene -- Complexity and climate change -- American dreams, ecological nightmares and new visions -- Complexity and sustainability: wicked problems, gordian knots and synergistic solutions -- Conclusion.
This is a splendid book. It sits at the interface of economics and economic history, and provides both a textbook-style introduction to the key themes of macroeconomics and personal insights into the central debates gleaned from interviews with leading economists. David Greasley, Australian Economic History Review It should be in every library. A hundred years from now, it will be an important guide to what leading economists thought they knew, and what they knew they didn't know as of A.D. 2002. Christopher Hanes, EH.Net Conversations on Growth, Stability and Trade is a wonderful survey of the development of macroeconomic thinking over the past decades. Brian Snowdon has a knack for combining insightful essays on a subject with interviews of interesting, relevant, and diverse economists. The interviews give one an excellent sense of how economists approach policy issues. David Colander, Middlebury College, US Conversations on Growth, Stability and Trade has all the lucidity of A Modern Guide to Macroeconomics by Snowdon, Vane and Wynarczyk, combined with the fascination of Conversations with Leading Economists by Snowdon and Vane. Students will love it and their teachers will devour it the night before the big lecture. If only I had learned macroeconomics this way. Mark Blaug, University of London and University of Buckingham, UK These well informed and highly readable interviews provide a great introduction to some of the big issues in modern economics. Roger E. Backhouse, University of Birmingham, UK This unique volume provides a comprehensive survey of the major economic issues that have helped shape the modern world. It includes discussions of the latest research findings in macroeconomics and scrutinises some of the most important debates in economic history. The author examines the many controversies relating to the role of government in a modern economy, long-run growth and development, the spread of the Industrial Revolution, the causes and consequences of the Great Depression , the Great Peacetime Inflation , the conduct of stabilisation policy, international economic integration and globalisation. To shed light on these major issues the volume contains interviews with ten leading economists who have each contributed extensively to the literature on macroeconomics, economic growth and development, international economics and economic history. A major theme which runs throughout the book is the conviction that economists can gain valuable insights concerning important contemporary policy issues from a knowledge of history, especially economic history. The distinguished economists featured in this book are: Ben Bernanke, Jagdish Bhagwati, Alan Blinder, Nick Crafts, Bradford DeLong, Barry Eichengreen, Kevin Hoover, Charles Jones, Christina Romer and Joseph Stiglitz. Containing an extensive and up-to-date list of references, the book provides a comprehensive guide to the modern literature on macroeconomics and related fields. It will be an essential reference for all scholars and students of economics, especially those with an interest in economic growth, business cycles, inflation, unemployment, trade and globalisation. It will also be of considerable value to students of economic history and the history of economic thought.