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A world-renowned economist tackles tough questions and contends that governments can play an essential role in the development of markets. His exploration of "market-augmenting governments" provides a useful framework in which to consider the Asian financial crisis and its aftermath.
Book Synopsis Power And Prosperity: Outgrowing Communist And Capitalist Dictatorships by : Mancur Olson
Download or read book Power And Prosperity: Outgrowing Communist And Capitalist Dictatorships written by Mancur Olson and published by Basic Books (AZ). This book was released on 2000-01-19 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: A world-renowned economist tackles tough questions and contends that governments can play an essential role in the development of markets. His exploration of "market-augmenting governments" provides a useful framework in which to consider the Asian financial crisis and its aftermath.
Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.
Book Synopsis Why Nations Fail by : Daron Acemoglu
Download or read book Why Nations Fail written by Daron Acemoglu and published by Currency. This book was released on 2013-09-17 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.
In her latest book, author and intuitive consultant Lynn A. Robinson lights the path to prosperity by showing her readers how to access their true dreams and passions and how to tap into their personal wells of abundance. Refreshingly down to earth and rich with humor, compassion, and compelling tales of success, Real Prosperity points its readers to financial and spiritual prosperity with sage advice, true stories, inspirational quotes, and quick, practical exercises that add a valuable "how to" factor not often found in this genre. At a time when Americans are sinking into a quagmire of debt and the deeper meaning of life seems to elude even the well off, this wonderful new book offers relief and promises to help its readers chart a course to a richer, more abundant life. This is not a get-rich-quick or pray-your-way-to-wealth book. Nor is it a book about financial planning and debt reduction. It is, instead, an inspiring and uplifting guide that delivers hope, not hype; workable lessons, not foolish philosophy. In other words, it's a book that can work magic in your life. Read it and you'll agree.
Book Synopsis Real Prosperity by : Lynn A. Robinson
Download or read book Real Prosperity written by Lynn A. Robinson and published by Andrews McMeel Publishing. This book was released on 2012-12-11 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: In her latest book, author and intuitive consultant Lynn A. Robinson lights the path to prosperity by showing her readers how to access their true dreams and passions and how to tap into their personal wells of abundance. Refreshingly down to earth and rich with humor, compassion, and compelling tales of success, Real Prosperity points its readers to financial and spiritual prosperity with sage advice, true stories, inspirational quotes, and quick, practical exercises that add a valuable "how to" factor not often found in this genre. At a time when Americans are sinking into a quagmire of debt and the deeper meaning of life seems to elude even the well off, this wonderful new book offers relief and promises to help its readers chart a course to a richer, more abundant life. This is not a get-rich-quick or pray-your-way-to-wealth book. Nor is it a book about financial planning and debt reduction. It is, instead, an inspiring and uplifting guide that delivers hope, not hype; workable lessons, not foolish philosophy. In other words, it's a book that can work magic in your life. Read it and you'll agree.
Awaken Your Fullest Potential Presence Is Power: Seven Steps for Choosing a Life of Prosperity is a concise guide for moving away from “scarcity consciousness” (the false perception of absence or lack) and into a life of our choosing, where we direct our lives with the power of our awareness to live a life of abundance. If the life we lead is simply a choice we make, why are so few of us living life to the fullest in true prosperity? Presence Is Power answers that question and guides the reader towards nourishing intentions with purpose and love. Awaken to your fullest potential with the seven essential steps that Icelandic based author Gudni Gunnarsson has developed over his acclaimed twenty-five year career as a personal life coach and fitness expert. The seven-step progression shared in Presence Is Power leads readers away from fear-based thinking toward the purpose of living in prosperity and gratitude. By acknowledging that our essence is pure energy, light and love, we reveal the miracle that is in us! In this book, readers are urged to take the journey presented here to live life as we were meant to – in prosperity and gratitude. The book includes inspirational quotes and end-of-chapter daily reflections with tips and questions to get the reader fully engaged in the process of the seven steps. Presence Is Power was a best-seller in Iceland and is now being released in the U.S.
Book Synopsis Presence Is Power by : Gudni Gunnarsson
Download or read book Presence Is Power written by Gudni Gunnarsson and published by Greenleaf Book Group. This book was released on 2015-03-17 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Awaken Your Fullest Potential Presence Is Power: Seven Steps for Choosing a Life of Prosperity is a concise guide for moving away from “scarcity consciousness” (the false perception of absence or lack) and into a life of our choosing, where we direct our lives with the power of our awareness to live a life of abundance. If the life we lead is simply a choice we make, why are so few of us living life to the fullest in true prosperity? Presence Is Power answers that question and guides the reader towards nourishing intentions with purpose and love. Awaken to your fullest potential with the seven essential steps that Icelandic based author Gudni Gunnarsson has developed over his acclaimed twenty-five year career as a personal life coach and fitness expert. The seven-step progression shared in Presence Is Power leads readers away from fear-based thinking toward the purpose of living in prosperity and gratitude. By acknowledging that our essence is pure energy, light and love, we reveal the miracle that is in us! In this book, readers are urged to take the journey presented here to live life as we were meant to – in prosperity and gratitude. The book includes inspirational quotes and end-of-chapter daily reflections with tips and questions to get the reader fully engaged in the process of the seven steps. Presence Is Power was a best-seller in Iceland and is now being released in the U.S.
Since the Global Financial Crisis, we have been approaching a crossroad in modern human history. The top 1 percent of people own more than half of the world’s wealth, while hundreds of millions suffer in extreme poverty. Governments quarrel over the politics of environmental policy, even as climate change poses an existential threat to life on the planet. And communities “hollowed out” by the forces of globalization still struggle to stand on their feet. How can we even begin to contemplate solutions to such immense and persistent problems? In Powering Prosperity: A Citizen’s Guide to Shaping the 21st Century, Dr. Indranil Ghosh brings together his decades of experience as a sustainable economic development investor, an entrepreneur, and an MIT-trained scientist, to provide a new framework for understanding the world’s challenges and the choices societies must make to address them. Central to Dr. Ghosh’s roadmap for positive change is a more inclusive form of governance, a collaborative model of long-term investment between public and private capital, and the empowerment of local communities to unleash their innovative and entrepreneurial energy.
Book Synopsis Powering Prosperity by : Indranil Ghosh
Download or read book Powering Prosperity written by Indranil Ghosh and published by Bombardier Books. This book was released on 2020-05-19 with total page 629 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the Global Financial Crisis, we have been approaching a crossroad in modern human history. The top 1 percent of people own more than half of the world’s wealth, while hundreds of millions suffer in extreme poverty. Governments quarrel over the politics of environmental policy, even as climate change poses an existential threat to life on the planet. And communities “hollowed out” by the forces of globalization still struggle to stand on their feet. How can we even begin to contemplate solutions to such immense and persistent problems? In Powering Prosperity: A Citizen’s Guide to Shaping the 21st Century, Dr. Indranil Ghosh brings together his decades of experience as a sustainable economic development investor, an entrepreneur, and an MIT-trained scientist, to provide a new framework for understanding the world’s challenges and the choices societies must make to address them. Central to Dr. Ghosh’s roadmap for positive change is a more inclusive form of governance, a collaborative model of long-term investment between public and private capital, and the empowerment of local communities to unleash their innovative and entrepreneurial energy.
How to achieve wealth, happiness, and peace of mind through personal responsibility The Power of Consistency is based on the fundamental premise that private declarations dictate future actions. In other words, we tend to take actions with the thoughts and beliefs we consistently have, and the cumulative results of those actions eventually create the quality and circumstances of our lives and businesses. Therefore, transformative change in life and business is possible when we reconstruct our minds and take responsibility for its content. Lays out a simple process—the Personal Prosperity Plan—to create powerful results in your life and business Explains the power of focus and your subconscious mind Outlines a four step process: focus, emotional connection, action, responsibility The Power of Consistency teaches you how to create a Personal Prosperity Plan, get deeply emotionally committed to the plan, and take consistent action toward implementing the plan for improved sales and business performance.
Book Synopsis The Power of Consistency by : Weldon Long
Download or read book The Power of Consistency written by Weldon Long and published by John Wiley & Sons. This book was released on 2013-03-25 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to achieve wealth, happiness, and peace of mind through personal responsibility The Power of Consistency is based on the fundamental premise that private declarations dictate future actions. In other words, we tend to take actions with the thoughts and beliefs we consistently have, and the cumulative results of those actions eventually create the quality and circumstances of our lives and businesses. Therefore, transformative change in life and business is possible when we reconstruct our minds and take responsibility for its content. Lays out a simple process—the Personal Prosperity Plan—to create powerful results in your life and business Explains the power of focus and your subconscious mind Outlines a four step process: focus, emotional connection, action, responsibility The Power of Consistency teaches you how to create a Personal Prosperity Plan, get deeply emotionally committed to the plan, and take consistent action toward implementing the plan for improved sales and business performance.
Download or read book From a to B written by David Axe and published by Potomac Books, Inc.. This book was released on 2014-05-27 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: What America does best.
How nations can promote peace, prosperity, and stability through cohesive political institutions "Little else is required to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things." So wrote Adam Smith a quarter of a millennium ago. Using the tools of modern political economics and combining economic theory with a bird's-eye view of the data, this book reinterprets Smith's pillars of prosperity to explain the existence of development clusters—places that tend to combine effective state institutions, the absence of political violence, and high per-capita incomes. To achieve peace, the authors stress the avoidance of repressive government and civil conflict. Easy taxes, they argue, refers not to low taxes, but a tax system with widespread compliance that collects taxes at a reasonable cost from a broad base, like income. And a tolerable administration of justice is about legal infrastructure that can support the enforcement of contracts and property rights in line with the rule of law. The authors show that countries tend to enjoy all three pillars of prosperity when they have evolved cohesive political institutions that promote common interests, guaranteeing the provision of public goods. In line with much historical research, international conflict has also been an important force behind effective states by fostering common interests. The absence of common interests and/or cohesive political institutions can explain the existence of very different development clusters in fragile states that are plagued by poverty, violence, and weak state capacity.
Book Synopsis Pillars of Prosperity by : Timothy Besley
Download or read book Pillars of Prosperity written by Timothy Besley and published by Princeton University Press. This book was released on 2011-08-28 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: How nations can promote peace, prosperity, and stability through cohesive political institutions "Little else is required to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things." So wrote Adam Smith a quarter of a millennium ago. Using the tools of modern political economics and combining economic theory with a bird's-eye view of the data, this book reinterprets Smith's pillars of prosperity to explain the existence of development clusters—places that tend to combine effective state institutions, the absence of political violence, and high per-capita incomes. To achieve peace, the authors stress the avoidance of repressive government and civil conflict. Easy taxes, they argue, refers not to low taxes, but a tax system with widespread compliance that collects taxes at a reasonable cost from a broad base, like income. And a tolerable administration of justice is about legal infrastructure that can support the enforcement of contracts and property rights in line with the rule of law. The authors show that countries tend to enjoy all three pillars of prosperity when they have evolved cohesive political institutions that promote common interests, guaranteeing the provision of public goods. In line with much historical research, international conflict has also been an important force behind effective states by fostering common interests. The absence of common interests and/or cohesive political institutions can explain the existence of very different development clusters in fragile states that are plagued by poverty, violence, and weak state capacity.
Winner of the 2019 Pulitzer Prize for General Nonfiction In Amity and Prosperity, the prizewinning poet and journalist Eliza Griswold tells the story of the energy boom’s impact on a small town at the edge of Appalachia and one woman’s transformation from a struggling single parent to an unlikely activist. Stacey Haney is a local nurse working hard to raise two kids and keep up her small farm when the fracking boom comes to her hometown of Amity, Pennsylvania. Intrigued by reports of lucrative natural gas leases in her neighbors’ mailboxes, she strikes a deal with a Texas-based energy company. Soon trucks begin rumbling past her small farm, a fenced-off drill site rises on an adjacent hilltop, and domestic animals and pets start to die. When mysterious sicknesses begin to afflict her children, she appeals to the company for help. Its representatives insist that nothing is wrong. Alarmed by her children’s illnesses, Haney joins with neighbors and a committed husband-and-wife legal team to investigate what’s really in the water and air. Against local opposition, Haney and her allies doggedly pursue their case in court and begin to expose the damage that’s being done to the land her family has lived on for centuries. Soon a community that has long been suspicious of outsiders faces wrenching new questions about who is responsible for their fate, and for redressing it: The faceless corporations that are poisoning the land? The environmentalists who fail to see their economic distress? A federal government that is mandated to protect but fails on the job? Drawing on seven years of immersive reporting, Griswold reveals what happens when an imperiled town faces a crisis of values, and a family wagers everything on an improbable quest for justice.
Book Synopsis Amity and Prosperity by : Eliza Griswold
Download or read book Amity and Prosperity written by Eliza Griswold and published by Farrar, Straus and Giroux. This book was released on 2018-06-12 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the 2019 Pulitzer Prize for General Nonfiction In Amity and Prosperity, the prizewinning poet and journalist Eliza Griswold tells the story of the energy boom’s impact on a small town at the edge of Appalachia and one woman’s transformation from a struggling single parent to an unlikely activist. Stacey Haney is a local nurse working hard to raise two kids and keep up her small farm when the fracking boom comes to her hometown of Amity, Pennsylvania. Intrigued by reports of lucrative natural gas leases in her neighbors’ mailboxes, she strikes a deal with a Texas-based energy company. Soon trucks begin rumbling past her small farm, a fenced-off drill site rises on an adjacent hilltop, and domestic animals and pets start to die. When mysterious sicknesses begin to afflict her children, she appeals to the company for help. Its representatives insist that nothing is wrong. Alarmed by her children’s illnesses, Haney joins with neighbors and a committed husband-and-wife legal team to investigate what’s really in the water and air. Against local opposition, Haney and her allies doggedly pursue their case in court and begin to expose the damage that’s being done to the land her family has lived on for centuries. Soon a community that has long been suspicious of outsiders faces wrenching new questions about who is responsible for their fate, and for redressing it: The faceless corporations that are poisoning the land? The environmentalists who fail to see their economic distress? A federal government that is mandated to protect but fails on the job? Drawing on seven years of immersive reporting, Griswold reveals what happens when an imperiled town faces a crisis of values, and a family wagers everything on an improbable quest for justice.
A Brookings Institution Press and Carnegie Endowment for International Peace publication Many of the countries that have recently converted to a market-based economic system have also experienced an alarming increase in income inequality — a widening gap between the haves and have nots. But to what extent is the increase in inequality also increasing the opportunities for economic advancement — particularly for those at the bottom of the economic ladder? Does the creation of greater opportunities make a region's move to the market politically acceptable? And, if opportunities don't increase along with inequality, will it eventually cause a political backlash against a country's market policies? This book highlights the importance of finding the answers to those questions by examining the issues of social mobility and opportunity as an essential part of the income inequality puzzle. It provides a summary of the latest research on the economics and politics of social mobility in both developed and emerging market economies, including the conceptual issues involved and the challenges of accurately documenting trends. The book concludes with a discussion of the economics of opportunity and mobility in Latin America and Eastern Europe, and the politics and perceptions of mobility in the two regions.
Book Synopsis New Markets, New Opportunities? by : Nancy Birdsall
Download or read book New Markets, New Opportunities? written by Nancy Birdsall and published by Brookings Institution Press. This book was released on 2001-09-19 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and Carnegie Endowment for International Peace publication Many of the countries that have recently converted to a market-based economic system have also experienced an alarming increase in income inequality — a widening gap between the haves and have nots. But to what extent is the increase in inequality also increasing the opportunities for economic advancement — particularly for those at the bottom of the economic ladder? Does the creation of greater opportunities make a region's move to the market politically acceptable? And, if opportunities don't increase along with inequality, will it eventually cause a political backlash against a country's market policies? This book highlights the importance of finding the answers to those questions by examining the issues of social mobility and opportunity as an essential part of the income inequality puzzle. It provides a summary of the latest research on the economics and politics of social mobility in both developed and emerging market economies, including the conceptual issues involved and the challenges of accurately documenting trends. The book concludes with a discussion of the economics of opportunity and mobility in Latin America and Eastern Europe, and the politics and perceptions of mobility in the two regions.
