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Average Is Over

Average Is Over Author Tyler Cowen
ISBN-10 9780698138162
Release 2013-09-12
Pages 304
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The groundbreaking follow-up to the New York Times bestseller The Great Stagnation The United States continues to mint more millionaires and billionaires than any country ever. Yet, since the great recession, three quarters of the jobs created here pay only marginally more than minimum wage. Why is there growth only at the top and the bottom? Renowned economist and bestselling author Tyler Cowen explains that high earners are taking ever more advantage of machine intelligence and achieving ever-better results. Meanwhile, nearly every business sector relies less and less on manual labor, and that means a steady, secure life somewhere in the middle—average—is over. In Average is Over, Cowen lays out how the new economy works and identifies what workers and entrepreneurs young and old must do to thrive in this radically new economic landscape.



The Great Stagnation

The Great Stagnation Author Tyler Cowen
ISBN-10 9781101502259
Release 2011-01-25
Pages 71
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Tyler Cowen’s controversial New York Times bestseller—the book heard round the world that ignited a firestorm of debate and redefined the nature of America’s economic malaise. America has been through the biggest financial crisis since the great Depression, unemployment numbers are frightening, media wages have been flat since the 1970s, and it is common to expect that things will get worse before they get better. Certainly, the multidecade stagnation is not yet over. How will we get out of this mess? One political party tries to increase government spending even when we have no good plan for paying for ballooning programs like Medicare and Social Security. The other party seems to think tax cuts will raise revenue and has a record of creating bigger fiscal disasters that the first. Where does this madness come from? As Cowen argues, our economy has enjoyed low-hanging fruit since the seventeenth century: free land, immigrant labor, and powerful new technologies. But during the last forty years, the low-hanging fruit started disappearing, and we started pretending it was still there. We have failed to recognize that we are at a technological plateau. The fruit trees are barer than we want to believe. That's it. That is what has gone wrong and that is why our politics is crazy. In The Great Stagnation, Cowen reveals the underlying causes of our past prosperity and how we will generate it again. This is a passionate call for a new respect of scientific innovations that benefit not only the powerful elites, but humanity as a whole.



An Economist Gets Lunch

An Economist Gets Lunch Author Tyler Cowen
ISBN-10 9780452298842
Release 2013
Pages 293
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An influential economist challenges popular opinions about the superiority of locally grown and expensive foods, demonstrating how to eat responsibly without submitting to fashion-driven trends. By the author of the best-selling e-book, The Great Stagnation. 35,000 first printing.



Made in the USA

Made in the USA Author Vaclav Smil
ISBN-10 9780262019385
Release 2013-08-23
Pages 263
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An argument that America's economy needs a strong and innovative manufacturing sector and the jobs it creates.



Markets and Cultural Voices

Markets and Cultural Voices Author Tyler Cowen
ISBN-10 0472024124
Release 2009-11-10
Pages 202
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This intriguing work explores the world of three amate artists. A native tradition, all of their painting is done in Mexico, yet, the finished product is sold almost exclusively to wealthy American art buyers. Cowen examines this cultural interaction between Mexico and the United States to see how globalization shapes the lives and the work of the artists and their families. The story of these three artists reveals that this exchange simultaneously creates economic opportunities for the artists, but has detrimental effects on the village. A view of the daily village life of three artists connected to the larger art world, this book should be of particular interest to those in the fields of cultural economics, Latino studies, economic anthropology and globalization.



The Complacent Class

The Complacent Class Author Tyler Cowen
ISBN-10 9781250108692
Release 2017-02-28
Pages 256
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"Since Alexis de Tocqueville, restlessness has been accepted as a signature American trait. Our willingness to move, take risks, and adapt to change have produced a dynamic economy and a tradition of innovation from Ben Franklin to Steve Jobs. The problem, according to ... Tyler Cowen, is that Americans today have broken from this tradition--we're working harder than ever to avoid change ... Cowen [believes that] there are significant collateral downsides attending this comfort, among them heightened inequality and segregation and decreased incentives to innovate and create"--Amazon.com.



Creative Destruction

Creative Destruction Author Tyler Cowen
ISBN-10 1400825180
Release 2009-01-10
Pages 192
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A Frenchman rents a Hollywood movie. A Thai schoolgirl mimics Madonna. Saddam Hussein chooses Frank Sinatra's "My Way" as the theme song for his fifty-fourth birthday. It is a commonplace that globalization is subverting local culture. But is it helping as much as it hurts? In this strikingly original treatment of a fiercely debated issue, Tyler Cowen makes a bold new case for a more sympathetic understanding of cross-cultural trade. Creative Destruction brings not stale suppositions but an economist's eye to bear on an age-old question: Are market exchange and aesthetic quality friends or foes? On the whole, argues Cowen in clear and vigorous prose, they are friends. Cultural "destruction" breeds not artistic demise but diversity. Through an array of colorful examples from the areas where globalization's critics have been most vocal, Cowen asks what happens when cultures collide through trade, whether technology destroys native arts, why (and whether) Hollywood movies rule the world, whether "globalized" culture is dumbing down societies everywhere, and if national cultures matter at all. Scrutinizing such manifestations of "indigenous" culture as the steel band ensembles of Trinidad, Indian handweaving, and music from Zaire, Cowen finds that they are more vibrant than ever--thanks largely to cross-cultural trade. For all the pressures that market forces exert on individual cultures, diversity typically increases within society, even when cultures become more like each other. Trade enhances the range of individual choice, yielding forms of expression within cultures that flower as never before. While some see cultural decline as a half-empty glass, Cowen sees it as a glass half-full with the stirrings of cultural brilliance. Not all readers will agree, but all will want a say in the debate this exceptional book will stir.



Entrepreneurial Economics

Entrepreneurial Economics Author Alexander Tabarrok
ISBN-10 9780199728091
Release 2002-02-28
Pages 328
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This intriguing collection is designed to show how economists can play a more active role in designing and directing the nation's social institutions. By taking the task of political economy seriously, the contributors (including some of today's most distinguished economists) reveal the power of economic thought to offer innovative solutions to some of the most difficult problems facing society today. By creating markets where none existed before, the authors propose efficient, reliable, and profitable improvements to current systems of health insurance, financial markets, human organ distribution, judicial practice, bankruptcy and securities regulation, patenting, and transportation. Written in the entrepreneurial spirit, these essays show economics to be an ambitious, dynamic, and far-from-dismal science.



Out of Work

Out of Work Author Richard K Vedder
ISBN-10 9780814788332
Release 1997-07-01
Pages 408
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Redefining the way we think about unemployment in America today, Out of Work offers devastating evidence that the major cause of high unemployment in the United States is the government itself. An Independent Institute Book



Biotechnology

Biotechnology Author Sean D. Sutton
ISBN-10 1438426860
Release 2009-07-02
Pages 198
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Considers the ethics and challenges of biotechnology.



The Second Machine Age Work Progress and Prosperity in a Time of Brilliant Technologies

The Second Machine Age  Work  Progress  and Prosperity in a Time of Brilliant Technologies Author Erik Brynjolfsson
ISBN-10 9780393241259
Release 2014-01-20
Pages 304
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A New York Times Bestseller. A “fascinating” (Thomas L. Friedman, New York Times) look at how digital technology is transforming our work and our lives. In recent years, Google’s autonomous cars have logged thousands of miles on American highways and IBM’s Watson trounced the best human Jeopardy! players. Digital technologies—with hardware, software, and networks at their core—will in the near future diagnose diseases more accurately than doctors can, apply enormous data sets to transform retailing, and accomplish many tasks once considered uniquely human. In The Second Machine Age MIT’s Erik Brynjolfsson and Andrew McAfee—two thinkers at the forefront of their field—reveal the forces driving the reinvention of our lives and our economy. As the full impact of digital technologies is felt, we will realize immense bounty in the form of dazzling personal technology, advanced infrastructure, and near-boundless access to the cultural items that enrich our lives. Amid this bounty will also be wrenching change. Professions of all kinds—from lawyers to truck drivers—will be forever upended. Companies will be forced to transform or die. Recent economic indicators reflect this shift: fewer people are working, and wages are falling even as productivity and profits soar. Drawing on years of research and up-to-the-minute trends, Brynjolfsson and McAfee identify the best strategies for survival and offer a new path to prosperity. These include revamping education so that it prepares people for the next economy instead of the last one, designing new collaborations that pair brute processing power with human ingenuity, and embracing policies that make sense in a radically transformed landscape. A fundamentally optimistic book, The Second Machine Age alters how we think about issues of technological, societal, and economic progress.



The Inner Lives of Markets

The Inner Lives of Markets Author Ray Fisman
ISBN-10 9781610394932
Release 2016-06-07
Pages 224
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What is a market? To most people it is a shopping center or an abstract space in which stock prices vary minutely. In reality, a market is something much more fundamental to being human, and it affects not just the price of tomatoes but the boundaries of everything we value. Reading the newspapers these days, you could be forgiven for thinking that markets are getting ever more efficient—and better. But as Tim Sullivan and Ray Fisman argue in this insightful book, that view is far from complete. For one thing, efficiency isn't always a good thing—illegal markets are very often more efficient than legal ones, because they are free of concern for laws and human rights. But even more importantly, the chatter about efficiency has obscured a much broader conversation about what kind of economic exchange we actually want. Every regulation, every sticker price, and every sale is part of an ever-changing ecosystem—one that affects us as much as we affect it. By tracing 50 years of economic thought on this subject, Fisman and Sullivan show how markets have evolved—and how we can keep making them better. This leads to fascinating and surprising insights, such as: Why your $10,000 used car is likely to sell for $2,000 or less; Why you should think twice before buying batteries on Amazon; and Why it's essential that healthy people buy medical insurance. In the end, The Inner Lives of Markets argues for a new way of thinking about how you spend your money—it shows that every transaction you make is part of a grand social experiment. We are all guinea pigs running through a lab maze, and the sooner we realize it, the more effectively we can navigate the path we want.



Hard Times

Hard Times Author Tom Clark
ISBN-10 9780300212747
Release 2015-02-03
Pages 328
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Originally published: 2014, as Hard times: the divisive toll of the economic slump.



Discover Your Inner Economist

Discover Your Inner Economist Author Tyler Cowen
ISBN-10 9781440631085
Release 2008-05-27
Pages 256
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One of America’s most respected economists presents a quirky, incisive romp through everyday life that reveals how you can turn economic reasoning to your advantage—often when you least expect it to be relevant. Like no other economist, Tyler Cowen shows how economic notions—such as incentives, signals, and markets—apply far more widely than merely to the decisions of social planners, governments, and big business. What does economic theory say about ordering from a menu? Or attracting the right mate? Or controlling people who talk too much in meetings? Or dealing with your dentist? With a wryly amusing voice, in chapters such as “How to Control the World, The Basics” and “How to Control the World, Knowing When to Stop” Cowen reveals the hidden economic patterns behind everyday situations so you can get more of what you really want. Readers will also gain less selfish insights into how to be a good partner, neighbor and even citizen of the world. For instance, what is the best way to give to charity? The chapter title “How to Save the World—More Christmas Presents Won’t Help” makes a point that is every bit as personal as it is global. Incentives are at the core of an economic approach to the world, but they don’t just come in cash. In fact, money can be a disincentive. Cowen shows why, for example, it doesn’t work to pay your kids to do the dishes. Other kinds of incentives—like making sure family members know they will be admired if they respect you—can work. Another non-monetary incentive? Try having everyone stand up in your next meeting if you don’t want anyone to drone on. Deeply felt incentives like pride in one’s work or a passing smile from a loved one, can be the most powerful of all, even while they operate alongside more mundane rewards such as money and free food. Discover Your Inner Economist is an introduction to the science of economics that shows it to be built on notions that are already within all of us. While the implications of those ideas lead to Cowen’s often counterintuitive advice, their wisdom is presented in ordinary examples taken from home life, work life, and even vacation life… How do you get a good guide in a Moroccan bazaar?



Gorbachev His Life and Times

Gorbachev  His Life and Times Author William Taubman
ISBN-10 9780393245684
Release 2017-09-05
Pages 928
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The definitive biography of the transformational world leader by the Pulitzer Prize–winning author of Khrushchev. When Mikhail Gorbachev became the leader of the Soviet Union in 1985, the USSR was one of the world’s two superpowers. By 1989, his liberal policies of perestroika and glasnost had permanently transformed Soviet Communism, and had made enemies of radicals on the right and left. By 1990 he, more than anyone else, had ended the Cold War, and in 1991, after barely escaping from a coup attempt, he unintentionally presided over the collapse of the Soviet Union he had tried to save. In the first comprehensive biography of the final Soviet leader, William Taubman shows how a peasant boy became the Soviet system’s gravedigger, how he clambered to the top of a system designed to keep people like him down, how he found common ground with America’s arch-conservative president Ronald Reagan, and how he permitted the USSR and its East European empire to break apart without using force to preserve them. Throughout, Taubman portrays the many sides of Gorbachev’s unique character that, by Gorbachev’s own admission, make him “difficult to understand.” Was he in fact a truly great leader, or was he brought low in the end by his own shortcomings, as well as by the unyielding forces he faced? Drawing on interviews with Gorbachev himself, transcripts and documents from the Russian archives, and interviews with Kremlin aides and adversaries, as well as foreign leaders, Taubman’s intensely personal portrait extends to Gorbachev’s remarkable marriage to a woman he deeply loved, and to the family that they raised together. Nuanced and poignant, yet unsparing and honest, this sweeping account has all the amplitude of a great Russian novel.



In Praise of Commercial Culture

In Praise of Commercial Culture Author Tyler COWEN
ISBN-10 9780674029934
Release 2009-06-30
Pages 288
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This book focuses on the most controversial aspect of Lincoln's thought and politics - his attitudes and actions regarding slavery and race. Drawing attention to the limitations of Lincoln's judgment and policies without denying his magnitude, the book provides the most comprehensive and even-handed account available of Lincoln's contradictory treatment of black Americans in matters of slavery in the South and basic civil rights in the North.



Temptation

Temptation Author Daniel Akst
ISBN-10 9781101559307
Release 2011-12-27
Pages 320
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" This elegantly written and useful book . . . describes how, for millennia, human beings have struggled to rein in desire." -USA Today At a time when the fallout from reckless spending and unrestrained consumption is fueling a national malaise, Daniel Akst delivers a witty and comprehensive investigation of the central problem of our time: how to save ourselves from what we want. Temptation reminds us that while more calories, sex, and intoxicants are readily available than ever before, crucial social constraints have eroded, creating a world that sorely tests the limits of human willpower. Referencing history, literature, psychology, philosophy, and economics, Akst draws a vivid picture of the many-sided problem of desire-and delivers a blueprint for how we can steer shrewdly away from a campaign of self-destruction.