Evolution or Revolution?

Evolution or Revolution?

Author: Olivier Blanchard

Publisher: MIT Press

Published: 2019-04-16

Total Pages: 388

ISBN-13: 0262039362

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Leading economists discuss post–financial crisis policy dilemmas, including the dangers of complacency in a period of relative stability. The Great Depression led to the Keynesian revolution and dramatic shifts in macroeconomic theory and macroeconomic policy. Similarly, the stagflation of the 1970s led to the adoption of the natural rate hypothesis and to a major reassessment of the role of macroeconomic policy. Should the financial crisis and the Great Recession lead to yet another major reassessment, to another intellectual revolution? Will it? If so, what form should it, or will it, take? These are the questions taken up in this book, in a series of contributions by policymakers and academics. The contributors discuss the complex role of the financial sector, the relative roles of monetary and fiscal policy, the limits of monetary policy to address financial stability, the need for fiscal policy to play a more active role in stabilization, and the relative roles of financial regulation and macroprudential tools. The general message is a warning against going back to precrisis ways—to narrow inflation targeting, little use of fiscal policy for stabilization, and insufficient financial regulation. Contributors David Aikman, Alan J. Auerbach, Ben S. Bernanke, Olivier Blanchard, Lael Brainard, Markus K. Brunnermeier, Marco Buti, Benoît Cœuré, Mario Draghi, Barry Eichengreen, Jason Furman, Gita Gopinath, Pierre-Olivier Gourinchas, Andrew G. Haldane, Philipp Hildebrand, Marc Hinterschweiger, Sujit Kapadia, Nellie Liang, Adam S. Posen, Raghuram Rajan, Valerie Ramey, Carmen Reinhart, Dani Rodrik, Robert E. Rubin, Jay C. Shambaugh, Tharman Shanmugaratnam, Jeremy C. Stein, Lawrence H. Summers


Book Synopsis Evolution or Revolution? by : Olivier Blanchard

Download or read book Evolution or Revolution? written by Olivier Blanchard and published by MIT Press. This book was released on 2019-04-16 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading economists discuss post–financial crisis policy dilemmas, including the dangers of complacency in a period of relative stability. The Great Depression led to the Keynesian revolution and dramatic shifts in macroeconomic theory and macroeconomic policy. Similarly, the stagflation of the 1970s led to the adoption of the natural rate hypothesis and to a major reassessment of the role of macroeconomic policy. Should the financial crisis and the Great Recession lead to yet another major reassessment, to another intellectual revolution? Will it? If so, what form should it, or will it, take? These are the questions taken up in this book, in a series of contributions by policymakers and academics. The contributors discuss the complex role of the financial sector, the relative roles of monetary and fiscal policy, the limits of monetary policy to address financial stability, the need for fiscal policy to play a more active role in stabilization, and the relative roles of financial regulation and macroprudential tools. The general message is a warning against going back to precrisis ways—to narrow inflation targeting, little use of fiscal policy for stabilization, and insufficient financial regulation. Contributors David Aikman, Alan J. Auerbach, Ben S. Bernanke, Olivier Blanchard, Lael Brainard, Markus K. Brunnermeier, Marco Buti, Benoît Cœuré, Mario Draghi, Barry Eichengreen, Jason Furman, Gita Gopinath, Pierre-Olivier Gourinchas, Andrew G. Haldane, Philipp Hildebrand, Marc Hinterschweiger, Sujit Kapadia, Nellie Liang, Adam S. Posen, Raghuram Rajan, Valerie Ramey, Carmen Reinhart, Dani Rodrik, Robert E. Rubin, Jay C. Shambaugh, Tharman Shanmugaratnam, Jeremy C. Stein, Lawrence H. Summers

Law's Evolution and Human Understanding

Law's Evolution and Human Understanding

Author: Laurence Claus

Publisher: Oxford University Press

Published: 2012-09-27

Total Pages: 269

ISBN-13: 0199735093

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Why do people consult the law? Why do we consult lawyers? Law's Evolution and Human Understanding articulates a fresh conception of law that builds on Oliver Wendell Holmes' celebrated insights concerning law's predictive potential. The book considers important implications of this new understanding for how we individually make moral choices, how we read law, and some of the many other ways that law affects our lives.


Book Synopsis Law's Evolution and Human Understanding by : Laurence Claus

Download or read book Law's Evolution and Human Understanding written by Laurence Claus and published by Oxford University Press. This book was released on 2012-09-27 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do people consult the law? Why do we consult lawyers? Law's Evolution and Human Understanding articulates a fresh conception of law that builds on Oliver Wendell Holmes' celebrated insights concerning law's predictive potential. The book considers important implications of this new understanding for how we individually make moral choices, how we read law, and some of the many other ways that law affects our lives.

The Structure and Evolution of Recent U.S. Trade Policy

The Structure and Evolution of Recent U.S. Trade Policy

Author: Robert E. Baldwin

Publisher: University of Chicago Press

Published: 2008-04-15

Total Pages: 452

ISBN-13: 0226036537

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The trade policies addressed in this book have far-reaching effects on the world's increasingly interdependent economies, but until now little research has been devoted to them. This volume represents the first systematic effort to analyze specific U.S. trade policies, particularly nontariff measures. It provides a better understanding of how trade policies operate, how effective they are, and what their costs and benefits are to trading nations. The contributors chart the history of U.S. trade policy since World War II, analyze industry-specific trade barriers, and discuss the effects of tariff preferences and export-promoting policies such as export credits and domestic international sales corporations (DISCs). The final section of essays examines the worldwide impact of import policies, pointing out subtleties in industry-specific policies and providing insight into the levels of protection in developing countries. The contributors blend state-of-the-art economics with language that is accessible to the business community, economists, and policymakers. Commentaries accompany each paper.


Book Synopsis The Structure and Evolution of Recent U.S. Trade Policy by : Robert E. Baldwin

Download or read book The Structure and Evolution of Recent U.S. Trade Policy written by Robert E. Baldwin and published by University of Chicago Press. This book was released on 2008-04-15 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: The trade policies addressed in this book have far-reaching effects on the world's increasingly interdependent economies, but until now little research has been devoted to them. This volume represents the first systematic effort to analyze specific U.S. trade policies, particularly nontariff measures. It provides a better understanding of how trade policies operate, how effective they are, and what their costs and benefits are to trading nations. The contributors chart the history of U.S. trade policy since World War II, analyze industry-specific trade barriers, and discuss the effects of tariff preferences and export-promoting policies such as export credits and domestic international sales corporations (DISCs). The final section of essays examines the worldwide impact of import policies, pointing out subtleties in industry-specific policies and providing insight into the levels of protection in developing countries. The contributors blend state-of-the-art economics with language that is accessible to the business community, economists, and policymakers. Commentaries accompany each paper.

World Population Policies

World Population Policies

Author: John F. May

Publisher: Springer Science & Business Media

Published: 2012-03-30

Total Pages: 361

ISBN-13: 9400728360

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This book examines the history behind the formulation, implementation, and evaluation of population policies in the more developed, the less developed, and the least developed countries from 1950 until today, as well as their future prospects. It links population policies with the theories of the demographic, epidemiological, and migratory transitions. It begins by summarizing the demographic situation around the world, with an emphasis on population policies and their underlying theories. Then, it reviews the early efforts to reduce mortality and fertility in the developing countries. This is followed by a description of the internationalization of the debate on population issues and the transformation of these programs into more formal population policies, particularly in the developing countries. The book reviews also the situation of the developed countries and their specific challenges – sub-replacement fertility, population aging, and immigration – and examines the effectiveness of population policies. It also explores the way forward and future prospects for population policies over the next decades. The book provides numerous concrete examples from all over the world, and show how population policies are actually implemented and what have been their successes as well as their constraints. Above all, the book highlights the importance of understanding underlying demographic trends when assessing the development prospects of any country. The book is recommended for not only demographers, social scientists, and policymakers but also economists and political scientists who are interested in social and demographic change around the world. Demography students and researchers who are interested in applying knowledge on population trends and prospects in designing and evaluating public policies will find this an invaluable reference work.


Book Synopsis World Population Policies by : John F. May

Download or read book World Population Policies written by John F. May and published by Springer Science & Business Media. This book was released on 2012-03-30 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the history behind the formulation, implementation, and evaluation of population policies in the more developed, the less developed, and the least developed countries from 1950 until today, as well as their future prospects. It links population policies with the theories of the demographic, epidemiological, and migratory transitions. It begins by summarizing the demographic situation around the world, with an emphasis on population policies and their underlying theories. Then, it reviews the early efforts to reduce mortality and fertility in the developing countries. This is followed by a description of the internationalization of the debate on population issues and the transformation of these programs into more formal population policies, particularly in the developing countries. The book reviews also the situation of the developed countries and their specific challenges – sub-replacement fertility, population aging, and immigration – and examines the effectiveness of population policies. It also explores the way forward and future prospects for population policies over the next decades. The book provides numerous concrete examples from all over the world, and show how population policies are actually implemented and what have been their successes as well as their constraints. Above all, the book highlights the importance of understanding underlying demographic trends when assessing the development prospects of any country. The book is recommended for not only demographers, social scientists, and policymakers but also economists and political scientists who are interested in social and demographic change around the world. Demography students and researchers who are interested in applying knowledge on population trends and prospects in designing and evaluating public policies will find this an invaluable reference work.

Darwinian Politics

Darwinian Politics

Author: Paul H. Rubin

Publisher: Rutgers University Press

Published: 2002

Total Pages: 250

ISBN-13: 9780813530963

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An examination of political behaviour from a modern evolutionary perspective. Paul H. Rubin discusses group or social behaviour, including: ethnic and racial conflict; altruism and co-operation; envy; political power; and the role of religion in politics.


Book Synopsis Darwinian Politics by : Paul H. Rubin

Download or read book Darwinian Politics written by Paul H. Rubin and published by Rutgers University Press. This book was released on 2002 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of political behaviour from a modern evolutionary perspective. Paul H. Rubin discusses group or social behaviour, including: ethnic and racial conflict; altruism and co-operation; envy; political power; and the role of religion in politics.

Evolution, Early Experience and Human Development

Evolution, Early Experience and Human Development

Author: Darcia Narváez

Publisher: Oxford University Press, USA

Published: 2012-11-29

Total Pages: 508

ISBN-13: 0199755051

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The field of cognitive psychology has expanded rapidly in recent years, with experts in affective and cognitive neuroscience revealing more about mammalian brain function than ever before. In contrast, psychological problems such as ADHD, autism, anxiety, and depression are on the rise, as are medical conditions such as diabetes, obesity, and autoimmune disorders. Why, in this era of unprecedented scientific self-knowledge, does there seem to be so much uncertainty about what human beings need for optimal development? Evolution, Early Experience and Human Development asserts that human development is being misshaped by government policies, social practices, and public beliefs that fail to consider basic human needs. In this pioneering volume, scientists from a range of disciplines theorize that the increase in conditions such as depression and obesity can be partially attributed to a disparity between the environments and conditions under which our mammalian brains currently develop and our evolutionary heritage. For example, healthy brain and emotional development depends to a significant extent upon caregiver availability and quality of care. These include practices such as breastfeeding, co-sleeping, and parental social support, which have waned in modern society, but nevertheless may be integral to healthy development. As the authors argue, without a more informed appreciation of the ideal conditions under which human brains/minds develop and function, human beings will continue to struggle with suboptimal mental and physical health, and as problems emerge psychological treatments alone will not be effective. The best approach is to recognize these needs at the outset so as to optimize child development. Evolution, Early Experience and Human Development puts forth a logical, empirically based argument regarding human mammalian needs for optimal development, based on research from anthropology, neurobiology, animal science, and human development. The result is a unique exploration of evolutionary approaches to human behavior that will support the advancement of new policies, new attitudes towards health, and alterations in childcare practices that will better promote healthy human development.


Book Synopsis Evolution, Early Experience and Human Development by : Darcia Narváez

Download or read book Evolution, Early Experience and Human Development written by Darcia Narváez and published by Oxford University Press, USA. This book was released on 2012-11-29 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: The field of cognitive psychology has expanded rapidly in recent years, with experts in affective and cognitive neuroscience revealing more about mammalian brain function than ever before. In contrast, psychological problems such as ADHD, autism, anxiety, and depression are on the rise, as are medical conditions such as diabetes, obesity, and autoimmune disorders. Why, in this era of unprecedented scientific self-knowledge, does there seem to be so much uncertainty about what human beings need for optimal development? Evolution, Early Experience and Human Development asserts that human development is being misshaped by government policies, social practices, and public beliefs that fail to consider basic human needs. In this pioneering volume, scientists from a range of disciplines theorize that the increase in conditions such as depression and obesity can be partially attributed to a disparity between the environments and conditions under which our mammalian brains currently develop and our evolutionary heritage. For example, healthy brain and emotional development depends to a significant extent upon caregiver availability and quality of care. These include practices such as breastfeeding, co-sleeping, and parental social support, which have waned in modern society, but nevertheless may be integral to healthy development. As the authors argue, without a more informed appreciation of the ideal conditions under which human brains/minds develop and function, human beings will continue to struggle with suboptimal mental and physical health, and as problems emerge psychological treatments alone will not be effective. The best approach is to recognize these needs at the outset so as to optimize child development. Evolution, Early Experience and Human Development puts forth a logical, empirically based argument regarding human mammalian needs for optimal development, based on research from anthropology, neurobiology, animal science, and human development. The result is a unique exploration of evolutionary approaches to human behavior that will support the advancement of new policies, new attitudes towards health, and alterations in childcare practices that will better promote healthy human development.

Origins and Evolution of Environmental Policies

Origins and Evolution of Environmental Policies

Author: Tadayoshi Terao

Publisher: Edward Elgar Publishing

Published: 2021-02-26

Total Pages: 192

ISBN-13: 1800378823

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This unique book traces the origins and evolution of environmental policy formation, comparing the differences in this process between developing and developed countries. It focuses on the importance of the state’s role and issues of timing and sequence in the creation of environmental policies.


Book Synopsis Origins and Evolution of Environmental Policies by : Tadayoshi Terao

Download or read book Origins and Evolution of Environmental Policies written by Tadayoshi Terao and published by Edward Elgar Publishing. This book was released on 2021-02-26 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique book traces the origins and evolution of environmental policy formation, comparing the differences in this process between developing and developed countries. It focuses on the importance of the state’s role and issues of timing and sequence in the creation of environmental policies.

The Evolution of Cooperation

The Evolution of Cooperation

Author: Robert Axelrod

Publisher: Basic Books

Published: 2009-04-29

Total Pages: 304

ISBN-13: 0786734884

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A famed political scientist's classic argument for a more cooperative world We assume that, in a world ruled by natural selection, selfishness pays. So why cooperate? In The Evolution of Cooperation, political scientist Robert Axelrod seeks to answer this question. In 1980, he organized the famed Computer Prisoners Dilemma Tournament, which sought to find the optimal strategy for survival in a particular game. Over and over, the simplest strategy, a cooperative program called Tit for Tat, shut out the competition. In other words, cooperation, not unfettered competition, turns out to be our best chance for survival. A vital book for leaders and decision makers, The Evolution of Cooperation reveals how cooperative principles help us think better about everything from military strategy, to political elections, to family dynamics.


Book Synopsis The Evolution of Cooperation by : Robert Axelrod

Download or read book The Evolution of Cooperation written by Robert Axelrod and published by Basic Books. This book was released on 2009-04-29 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: A famed political scientist's classic argument for a more cooperative world We assume that, in a world ruled by natural selection, selfishness pays. So why cooperate? In The Evolution of Cooperation, political scientist Robert Axelrod seeks to answer this question. In 1980, he organized the famed Computer Prisoners Dilemma Tournament, which sought to find the optimal strategy for survival in a particular game. Over and over, the simplest strategy, a cooperative program called Tit for Tat, shut out the competition. In other words, cooperation, not unfettered competition, turns out to be our best chance for survival. A vital book for leaders and decision makers, The Evolution of Cooperation reveals how cooperative principles help us think better about everything from military strategy, to political elections, to family dynamics.

The Evolution of a Nation

The Evolution of a Nation

Author: Daniel Berkowitz

Publisher: Princeton University Press

Published: 2012

Total Pages: 248

ISBN-13: 0691136041

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The book also examines the effects of early legal systems.


Book Synopsis The Evolution of a Nation by : Daniel Berkowitz

Download or read book The Evolution of a Nation written by Daniel Berkowitz and published by Princeton University Press. This book was released on 2012 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book also examines the effects of early legal systems.

Law and Economic Policy in America

Law and Economic Policy in America

Author: William Letwin

Publisher: University of Chicago Press

Published: 1981-06

Total Pages: 320

ISBN-13: 9780226473536

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William Letwin's thorough, carefully argued, and elegantly written work is the only book length study of the Sherman Antitrust Act, a law designed to shape the economic life of a large complex society through maintaining the "correct" level of competition in the economy. This is a superb history and complete analysis of the Act, from its English and American common law antecedents to the events that led to the first revisions of the Act in the form of the Clayton Antitrust and Federal Trade Commission Acts.


Book Synopsis Law and Economic Policy in America by : William Letwin

Download or read book Law and Economic Policy in America written by William Letwin and published by University of Chicago Press. This book was released on 1981-06 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: William Letwin's thorough, carefully argued, and elegantly written work is the only book length study of the Sherman Antitrust Act, a law designed to shape the economic life of a large complex society through maintaining the "correct" level of competition in the economy. This is a superb history and complete analysis of the Act, from its English and American common law antecedents to the events that led to the first revisions of the Act in the form of the Clayton Antitrust and Federal Trade Commission Acts.