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Equality, the Third World, and Economic Delusion

Author: Péter Tamás Bauer

Publisher: Harvard University Press

Published: 1981

Total Pages: 310

ISBN-13: 9780674259867

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Even in impoverished countries lacking material and human resources, P. T. Bauer argues, economic growth is possible under the right conditions. These include a certain amount of thrift and enterprise among the people, social mores and traditions which sustain them, and a firm but limited government which permits market forces to work. Challenging many views about development that are widely held, Bauer takes on squarely the notion that egalitarianism is an appropriate goal. He goes on to argue that the population explosion of less-developed countries has on the whole been a voluntary phenomenon and that each new generation has lived better than its forebears. He also critically examines the notion that the policies and practices of Western nations have been responsible for third world poverty. In a major chapter, he reviews the rationalizations for foreign aid and finds them weak; while in another he shows that powerful political clienteles have developed in the Western nations supporting the foreign aid process and probably benefiting more from it than the alleged recipients. Another chapter explores the link between the issue of Special Drawing Rights by the International Monetary Fund on the one hand and the aid process on the other. Throughout the book, Bauer carefully examines the evidence and the light it throws on the propositions of development. Although the results of his analysis contradict the conventional wisdom of development economics, anyone who is seriously concerned with the subject must take them into account.

Book Synopsis Equality, the Third World, and Economic Delusion by : Péter Tamás Bauer

Download or read book Equality, the Third World, and Economic Delusion written by Péter Tamás Bauer and published by Harvard University Press. This book was released on 1981 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even in impoverished countries lacking material and human resources, P. T. Bauer argues, economic growth is possible under the right conditions. These include a certain amount of thrift and enterprise among the people, social mores and traditions which sustain them, and a firm but limited government which permits market forces to work. Challenging many views about development that are widely held, Bauer takes on squarely the notion that egalitarianism is an appropriate goal. He goes on to argue that the population explosion of less-developed countries has on the whole been a voluntary phenomenon and that each new generation has lived better than its forebears. He also critically examines the notion that the policies and practices of Western nations have been responsible for third world poverty. In a major chapter, he reviews the rationalizations for foreign aid and finds them weak; while in another he shows that powerful political clienteles have developed in the Western nations supporting the foreign aid process and probably benefiting more from it than the alleged recipients. Another chapter explores the link between the issue of Special Drawing Rights by the International Monetary Fund on the one hand and the aid process on the other. Throughout the book, Bauer carefully examines the evidence and the light it throws on the propositions of development. Although the results of his analysis contradict the conventional wisdom of development economics, anyone who is seriously concerned with the subject must take them into account.

Reality and Rhetoric

Author: P. T. Bauer

Publisher: Harvard University Press

Published: 1984

Total Pages: 200

ISBN-13: 9780674749474

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Reality and Rhetoric is the culmination of P. T. Bauer's observations and reflections on Third World economies over a period of thirty years. He critically examines the central issues of market versus centrally planned economies, industrial development, official direct and multinational resource transfers to the Third World, immigration policy in the Third World, and economic methodology. In addition, he has written a fascinating account of recent papal doctrine on income inequality and redistribution in the Third World. The major themes that emerge are the importance of non-economic variables, particularly people's aptitudes and mores, to economic growth; the unfortunate results of some current methods of economics; the subtle but important effects of the exchange economy on development; and the politicization of economic life in the Third World. As in Bauer's previous writings, this book is marked by elegant prose, apt examples, a broad economic-historical perspective, and the masterful use of informal reasoning.

Book Synopsis Reality and Rhetoric by : P. T. Bauer

Download or read book Reality and Rhetoric written by P. T. Bauer and published by Harvard University Press. This book was released on 1984 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reality and Rhetoric is the culmination of P. T. Bauer's observations and reflections on Third World economies over a period of thirty years. He critically examines the central issues of market versus centrally planned economies, industrial development, official direct and multinational resource transfers to the Third World, immigration policy in the Third World, and economic methodology. In addition, he has written a fascinating account of recent papal doctrine on income inequality and redistribution in the Third World. The major themes that emerge are the importance of non-economic variables, particularly people's aptitudes and mores, to economic growth; the unfortunate results of some current methods of economics; the subtle but important effects of the exchange economy on development; and the politicization of economic life in the Third World. As in Bauer's previous writings, this book is marked by elegant prose, apt examples, a broad economic-historical perspective, and the masterful use of informal reasoning.

Dissent on Development

Author: Péter Tamás Bauer

Publisher: Harvard University Press

Published: 1976

Total Pages: 324

ISBN-13: 9780674212824

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With style and imagination, this iconoclastic work covers the major issues in development economics. In eight carefully reasoned essays, P. T. Bauer challenges most of the accepted notions and supports his views with evidence drawn from a wide range of primary sources and direct experience. The essays were selected on the basis of their interest to students and general readers from Bauer's book, Dissent on Development: Studies and Debates in Development Economics. Reviewing the previous work, the Wall Street Journal wrote: "It could have a profound impact on our thinking about the entire development question... Quite simply, it is no longer possible to discuss development economics intelligently without coming to grips with the many arguments P. T. Bauer marshalled in this extraordinary work."

Book Synopsis Dissent on Development by : Péter Tamás Bauer

Download or read book Dissent on Development written by Péter Tamás Bauer and published by Harvard University Press. This book was released on 1976 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: With style and imagination, this iconoclastic work covers the major issues in development economics. In eight carefully reasoned essays, P. T. Bauer challenges most of the accepted notions and supports his views with evidence drawn from a wide range of primary sources and direct experience. The essays were selected on the basis of their interest to students and general readers from Bauer's book, Dissent on Development: Studies and Debates in Development Economics. Reviewing the previous work, the Wall Street Journal wrote: "It could have a profound impact on our thinking about the entire development question... Quite simply, it is no longer possible to discuss development economics intelligently without coming to grips with the many arguments P. T. Bauer marshalled in this extraordinary work."

Out of Work

Author: Richard K Vedder

Publisher: NYU Press

Published: 1997-07-01

Total Pages: 407

ISBN-13: 0814788335

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Argues the cause of unemployment may be the government itself 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.

Book Synopsis Out of Work by : Richard K Vedder

Download or read book Out of Work written by Richard K Vedder and published by NYU Press. This book was released on 1997-07-01 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Argues the cause of unemployment may be the government itself 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.

Western Guilt and Third World Poverty

Author: Bauer

Publisher: University Press of Amer

Published: 1977-12-01

Total Pages: 18

ISBN-13: 9780896330023

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Book Synopsis Western Guilt and Third World Poverty by : Bauer

Download or read book Western Guilt and Third World Poverty written by Bauer and published by University Press of Amer. This book was released on 1977-12-01 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Growth Delusion

Author: David Pilling

Publisher: Tim Duggan Books

Published: 2018-01-30

Total Pages: 304

ISBN-13: 052557252X

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A provocative critique of the pieties and fallacies of our obsession with economic growth We live in a society in which a priesthood of economists, wielding impenetrable mathematical formulas, set the framework for public debate. Ultimately, it is the perceived health of the economy which determines how much we can spend on our schools, highways, and defense; economists decide how much unemployment is acceptable and whether it is right to print money or bail out profligate banks. The backlash we are currently witnessing suggests that people are turning against the experts and their faulty understanding of our lives. Despite decades of steady economic growth, many citizens feel more pessimistic than ever, and are voting for candidates who voice undisguised contempt for the technocratic elite. For too long, economics has relied on a language which fails to resonate with people's actual experience, and we are now living with the consequences. In this powerful, incisive book, David Pilling reveals the hidden biases of economic orthodoxy and explores the alternatives to GDP, from measures of wealth, equality, and sustainability to measures of subjective wellbeing. Authoritative, provocative, and eye-opening, The Growth Delusion offers witty and unexpected insights into how our society can respond to the needs of real people instead of pursuing growth at any cost.

Book Synopsis The Growth Delusion by : David Pilling

Download or read book The Growth Delusion written by David Pilling and published by Tim Duggan Books. This book was released on 2018-01-30 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: A provocative critique of the pieties and fallacies of our obsession with economic growth We live in a society in which a priesthood of economists, wielding impenetrable mathematical formulas, set the framework for public debate. Ultimately, it is the perceived health of the economy which determines how much we can spend on our schools, highways, and defense; economists decide how much unemployment is acceptable and whether it is right to print money or bail out profligate banks. The backlash we are currently witnessing suggests that people are turning against the experts and their faulty understanding of our lives. Despite decades of steady economic growth, many citizens feel more pessimistic than ever, and are voting for candidates who voice undisguised contempt for the technocratic elite. For too long, economics has relied on a language which fails to resonate with people's actual experience, and we are now living with the consequences. In this powerful, incisive book, David Pilling reveals the hidden biases of economic orthodoxy and explores the alternatives to GDP, from measures of wealth, equality, and sustainability to measures of subjective wellbeing. Authoritative, provocative, and eye-opening, The Growth Delusion offers witty and unexpected insights into how our society can respond to the needs of real people instead of pursuing growth at any cost.

Trade and Development Report 2018

Author: UNCTAD

Publisher: United Nations

Published: 2019-01-16

Total Pages: 160

ISBN-13: 9210473221

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This flagship publication examines different aspects of the nature and role of international trade in the era of hyperglobalization and considers related policy challenges that will need to be addressed if trade is to contribute to a more stable and inclusive global economic order. Research provides authoritative data and analysis on trade, investment, finance and technology. UNCTAD offers solutions to the major challenges facing developing countries, particularly the poorest and most vulnerable nations. Beyond tailored analysis and policy recommendations, UNCTAD research also generates global standards that govern responsible sovereign lending and borrowing, investment, entrepreneurship, competition and consumer protection and trade rules.

Book Synopsis Trade and Development Report 2018 by : UNCTAD

Download or read book Trade and Development Report 2018 written by UNCTAD and published by United Nations. This book was released on 2019-01-16 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This flagship publication examines different aspects of the nature and role of international trade in the era of hyperglobalization and considers related policy challenges that will need to be addressed if trade is to contribute to a more stable and inclusive global economic order. Research provides authoritative data and analysis on trade, investment, finance and technology. UNCTAD offers solutions to the major challenges facing developing countries, particularly the poorest and most vulnerable nations. Beyond tailored analysis and policy recommendations, UNCTAD research also generates global standards that govern responsible sovereign lending and borrowing, investment, entrepreneurship, competition and consumer protection and trade rules.

The Spirit Level Delusion

Author: Christopher Snowdon

Publisher: Democracy Institute/Little Dice

Published: 2010

Total Pages: 172

ISBN-13: 9780956226518

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Do Cubans live longer than Americans? Are Scandinavians happier than the British? Do Oscar winners live longer than other actors? Does capitalism cause mental illness? Does inequality lead to murder? Would higher taxes make us slimmer, more trusting and more charitable? The Spirit Level Delusion shines the light of reason on some of the extraordinary claims made in favour of big government in the twenty-first century. Several books (The Spirit Level, Happiness and Affluenza amongst others) have called for a radical shift in power from the individual to the state based on the supposedly devastating effects of wealth, economic growth and inequality. By examining all the available evidence, Christopher Snowdon tests the theory that 'more equal' countries are healthier, happier and more successful. Through a sober assessment of the facts-including some inconvenient truths-The Spirit Level Delusion shows that the theory not only lacks empirical support but also fails the basic test of believability. "If you haven t read a book that made you laugh out loud on the bus or the Tube in a while, try Christopher Snowdon s superb release, The Spirit Level Delusion. But the book s subtle humour is not the reason I am recommending it. The Spirit Level Delusion is, above all, a book that delivers and goes well beyond the promise of its subtitle 'fact-checking the left s new theory of everything'... It may well be that the next big battle for a free society will be fought against the new anti-wealth egalitarianism. Christopher Snowdon has provided defenders of freedom with powerful ammunition." Kristian Niemietz, Institute of Economic Affairs "Snowdon picks so many holes in the theory that were it a building it wouldn t be passed as structurally sound by the most crooked of third world local government surveyors... I wish that everyone who espoused The Spirit Level would read The Spirit Level Delusion, which explains just how dubious the science behind this grand theory is." Ed West, The Telegraph "The Spirit Level Delusion not only successfully and dramatically undermines much of the evidence in The Spirit Level, but also takes on the other fashionable opponents of economic growth... His engaging discussion unpicks the evidence of the anti-growth brigade and demonstrates that it is selective and partial. This book is excellent tube reading . Philip Booth, City AM

Book Synopsis The Spirit Level Delusion by : Christopher Snowdon

Download or read book The Spirit Level Delusion written by Christopher Snowdon and published by Democracy Institute/Little Dice. This book was released on 2010 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do Cubans live longer than Americans? Are Scandinavians happier than the British? Do Oscar winners live longer than other actors? Does capitalism cause mental illness? Does inequality lead to murder? Would higher taxes make us slimmer, more trusting and more charitable? The Spirit Level Delusion shines the light of reason on some of the extraordinary claims made in favour of big government in the twenty-first century. Several books (The Spirit Level, Happiness and Affluenza amongst others) have called for a radical shift in power from the individual to the state based on the supposedly devastating effects of wealth, economic growth and inequality. By examining all the available evidence, Christopher Snowdon tests the theory that 'more equal' countries are healthier, happier and more successful. Through a sober assessment of the facts-including some inconvenient truths-The Spirit Level Delusion shows that the theory not only lacks empirical support but also fails the basic test of believability. "If you haven t read a book that made you laugh out loud on the bus or the Tube in a while, try Christopher Snowdon s superb release, The Spirit Level Delusion. But the book s subtle humour is not the reason I am recommending it. The Spirit Level Delusion is, above all, a book that delivers and goes well beyond the promise of its subtitle 'fact-checking the left s new theory of everything'... It may well be that the next big battle for a free society will be fought against the new anti-wealth egalitarianism. Christopher Snowdon has provided defenders of freedom with powerful ammunition." Kristian Niemietz, Institute of Economic Affairs "Snowdon picks so many holes in the theory that were it a building it wouldn t be passed as structurally sound by the most crooked of third world local government surveyors... I wish that everyone who espoused The Spirit Level would read The Spirit Level Delusion, which explains just how dubious the science behind this grand theory is." Ed West, The Telegraph "The Spirit Level Delusion not only successfully and dramatically undermines much of the evidence in The Spirit Level, but also takes on the other fashionable opponents of economic growth... His engaging discussion unpicks the evidence of the anti-growth brigade and demonstrates that it is selective and partial. This book is excellent tube reading . Philip Booth, City AM