Sick Economies

Sick Economies

Author: Jonathan Gil Harris

Publisher: University of Pennsylvania Press

Published: 2013-07-17

Total Pages: 273

ISBN-13: 0812202198

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From French Physiocrat theories of the blood-like circulation of wealth to Adam Smith's "invisible hand" of the market, the body has played a crucial role in Western perceptions of the economic. In Renaissance culture, however, the dominant bodily metaphors for national wealth and economy were derived from the relatively new language of infectious disease. Whereas traditional Galenic medicine had understood illness as a state of imbalance within the body, early modern writers increasingly reimagined disease as an invasive foreign agent. The rapid rise of global trade in the sixteenth century, and the resulting migrations of people, money, and commodities across national borders, contributed to this growing pathologization of the foreign; conversely, the new trade-inflected vocabularies of disease helped writers to represent the contours of national and global economies. Grounded in scrupulous analyses of cultural and economic history, Sick Economies: Drama, Mercantilism, and Disease in Shakespeare's England teases out the double helix of the pathological and the economic in two seemingly disparate spheres of early modern textual production: drama and mercantilist writing. Of particular interest to this study are the ways English playwrights, such as Shakespeare, Jonson, Heywood, Massinger, and Middleton, and mercantilists, such as Malynes, Milles, Misselden, and Mun, rooted their conceptions of national economy in the language of disease. Some of these diseases—syphilis, taint, canker, plague, hepatitis—have subsequently lost their economic connotations; others—most notably consumption—remain integral to the modern economic lexicon but have by and large shed their pathological senses. Breaking new ground by analyzing English mercantilism primarily as a discursive rather than an ideological or economic system, Sick Economies provides a compelling history of how, even in our own time, defenses of transnational economy have paradoxically pathologized the foreign. In the process, Jonathan Gil Harris argues that what we now regard as the discrete sphere of the economic cannot be disentangled from seemingly unrelated domains of Renaissance culture, especially medicine and the theater.


Book Synopsis Sick Economies by : Jonathan Gil Harris

Download or read book Sick Economies written by Jonathan Gil Harris and published by University of Pennsylvania Press. This book was released on 2013-07-17 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: From French Physiocrat theories of the blood-like circulation of wealth to Adam Smith's "invisible hand" of the market, the body has played a crucial role in Western perceptions of the economic. In Renaissance culture, however, the dominant bodily metaphors for national wealth and economy were derived from the relatively new language of infectious disease. Whereas traditional Galenic medicine had understood illness as a state of imbalance within the body, early modern writers increasingly reimagined disease as an invasive foreign agent. The rapid rise of global trade in the sixteenth century, and the resulting migrations of people, money, and commodities across national borders, contributed to this growing pathologization of the foreign; conversely, the new trade-inflected vocabularies of disease helped writers to represent the contours of national and global economies. Grounded in scrupulous analyses of cultural and economic history, Sick Economies: Drama, Mercantilism, and Disease in Shakespeare's England teases out the double helix of the pathological and the economic in two seemingly disparate spheres of early modern textual production: drama and mercantilist writing. Of particular interest to this study are the ways English playwrights, such as Shakespeare, Jonson, Heywood, Massinger, and Middleton, and mercantilists, such as Malynes, Milles, Misselden, and Mun, rooted their conceptions of national economy in the language of disease. Some of these diseases—syphilis, taint, canker, plague, hepatitis—have subsequently lost their economic connotations; others—most notably consumption—remain integral to the modern economic lexicon but have by and large shed their pathological senses. Breaking new ground by analyzing English mercantilism primarily as a discursive rather than an ideological or economic system, Sick Economies provides a compelling history of how, even in our own time, defenses of transnational economy have paradoxically pathologized the foreign. In the process, Jonathan Gil Harris argues that what we now regard as the discrete sphere of the economic cannot be disentangled from seemingly unrelated domains of Renaissance culture, especially medicine and the theater.


What Makes Women Sick

What Makes Women Sick

Author: Lesley Doyal

Publisher: Anaya -Spain

Published: 1995

Total Pages: 300

ISBN-13: 9780813522074

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What makes women sick? To an Ecuadorean woman, it's nervios from constant worry about her children's illnesses. To a woman working in a New Mexico electronics factory, it's the solvents that leave her with a form of dementia. To a Ugandan woman, it's HIV from her husband's sleeping with the widow of an AIDS patient. To a Bangladeshi woman, it's a fatal infection following an IUD insertion. What they all share is a recognition that their sickness is somehow caused by situations they face every day at home and at work. In this clearly written and compelling book, Lesley Doyal investigates the effects of social, economic, and cultural conditions on women's health. The "fault line" of gender that continues to divide all societies has, Doyal demonstrates, profound and pervasive consequences for the health of women throughout the world. Her broad synthesis highlights variations between men and women in patterns of health and illness, and it identifies inequalities in medical care that separate groups of women from each other. Doyal's wide-ranging arguments, her wealth of data, her use of women's voices from many cultures--and her examples of women mobilizing to find their own solutions--make this book required reading for everyone concerned with women's health.


Book Synopsis What Makes Women Sick by : Lesley Doyal

Download or read book What Makes Women Sick written by Lesley Doyal and published by Anaya -Spain. This book was released on 1995 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: What makes women sick? To an Ecuadorean woman, it's nervios from constant worry about her children's illnesses. To a woman working in a New Mexico electronics factory, it's the solvents that leave her with a form of dementia. To a Ugandan woman, it's HIV from her husband's sleeping with the widow of an AIDS patient. To a Bangladeshi woman, it's a fatal infection following an IUD insertion. What they all share is a recognition that their sickness is somehow caused by situations they face every day at home and at work. In this clearly written and compelling book, Lesley Doyal investigates the effects of social, economic, and cultural conditions on women's health. The "fault line" of gender that continues to divide all societies has, Doyal demonstrates, profound and pervasive consequences for the health of women throughout the world. Her broad synthesis highlights variations between men and women in patterns of health and illness, and it identifies inequalities in medical care that separate groups of women from each other. Doyal's wide-ranging arguments, her wealth of data, her use of women's voices from many cultures--and her examples of women mobilizing to find their own solutions--make this book required reading for everyone concerned with women's health.


The Economics of Sustainable Food

The Economics of Sustainable Food

Author: Nicoletta Batini

Publisher: Island Press

Published: 2021-06-08

Total Pages: 318

ISBN-13: 1642831611

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The Economics of Sustainable Food details the true cost of food for people and the planet. It illustrates how to transform our broken system, alleviating its severe financial and human burden. The key is smart macroeconomic policy that moves us toward methods that protect the environment like regenerative land and sea farming, low-impact urban farming, and alternative protein farming, and toward healthy diets. The book's multidisciplinary team of authors lay out detailed fiscal and trade policies, as well as structural reforms, to achieve those goals. Chapters discuss strategies to make food production sustainable, nutritious, and fair, ranging from taxes and spending to education, labor market, health care, and pension reforms, alongside regulation in cases where market incentives are unlikely to work or to work fast enough. The authors carefully consider the different needs of more and less advanced economies, balancing economic development and sustainability goals. Case studies showcase successful strategies from around the world, such as taxing foods with a high carbon footprint, financing ecosystems mapping and conservation to meet scientific targets for healthy biomes permanency, subsidizing sustainable land and sea farming, reforming health systems to move away from sick care to preventive, nutrition-based care, and providing schools with matching funds to purchase local organic produce.--Amazon.


Book Synopsis The Economics of Sustainable Food by : Nicoletta Batini

Download or read book The Economics of Sustainable Food written by Nicoletta Batini and published by Island Press. This book was released on 2021-06-08 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Sustainable Food details the true cost of food for people and the planet. It illustrates how to transform our broken system, alleviating its severe financial and human burden. The key is smart macroeconomic policy that moves us toward methods that protect the environment like regenerative land and sea farming, low-impact urban farming, and alternative protein farming, and toward healthy diets. The book's multidisciplinary team of authors lay out detailed fiscal and trade policies, as well as structural reforms, to achieve those goals. Chapters discuss strategies to make food production sustainable, nutritious, and fair, ranging from taxes and spending to education, labor market, health care, and pension reforms, alongside regulation in cases where market incentives are unlikely to work or to work fast enough. The authors carefully consider the different needs of more and less advanced economies, balancing economic development and sustainability goals. Case studies showcase successful strategies from around the world, such as taxing foods with a high carbon footprint, financing ecosystems mapping and conservation to meet scientific targets for healthy biomes permanency, subsidizing sustainable land and sea farming, reforming health systems to move away from sick care to preventive, nutrition-based care, and providing schools with matching funds to purchase local organic produce.--Amazon.


Disease Control Priorities in Developing Countries

Disease Control Priorities in Developing Countries

Author: Dean T. Jamison

Publisher: World Bank Publications

Published: 2006-04-02

Total Pages: 1449

ISBN-13: 0821361805

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Based on careful analysis of burden of disease and the costs ofinterventions, this second edition of 'Disease Control Priorities in Developing Countries, 2nd edition' highlights achievable priorities; measures progresstoward providing efficient, equitable care; promotes cost-effectiveinterventions to targeted populations; and encourages integrated effortsto optimize health. Nearly 500 experts - scientists, epidemiologists, health economists,academicians, and public health practitioners - from around the worldcontributed to the data sources and methodologies, and identifiedchallenges and priorities, resulting in this integrated, comprehensivereference volume on the state of health in developing countries.


Book Synopsis Disease Control Priorities in Developing Countries by : Dean T. Jamison

Download or read book Disease Control Priorities in Developing Countries written by Dean T. Jamison and published by World Bank Publications. This book was released on 2006-04-02 with total page 1449 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on careful analysis of burden of disease and the costs ofinterventions, this second edition of 'Disease Control Priorities in Developing Countries, 2nd edition' highlights achievable priorities; measures progresstoward providing efficient, equitable care; promotes cost-effectiveinterventions to targeted populations; and encourages integrated effortsto optimize health. Nearly 500 experts - scientists, epidemiologists, health economists,academicians, and public health practitioners - from around the worldcontributed to the data sources and methodologies, and identifiedchallenges and priorities, resulting in this integrated, comprehensivereference volume on the state of health in developing countries.


Narrative Economics

Narrative Economics

Author: Robert J. Shiller

Publisher: Princeton University Press

Published: 2020-09-01

Total Pages: 408

ISBN-13: 0691212074

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From Nobel Prize–winning economist and New York Times bestselling author Robert Shiller, a groundbreaking account of how stories help drive economic events—and why financial panics can spread like epidemic viruses Stories people tell—about financial confidence or panic, housing booms, or Bitcoin—can go viral and powerfully affect economies, but such narratives have traditionally been ignored in economics and finance because they seem anecdotal and unscientific. In this groundbreaking book, Robert Shiller explains why we ignore these stories at our peril—and how we can begin to take them seriously. Using a rich array of examples and data, Shiller argues that studying popular stories that influence individual and collective economic behavior—what he calls "narrative economics"—may vastly improve our ability to predict, prepare for, and lessen the damage of financial crises and other major economic events. The result is nothing less than a new way to think about the economy, economic change, and economics. In a new preface, Shiller reflects on some of the challenges facing narrative economics, discusses the connection between disease epidemics and economic epidemics, and suggests why epidemiology may hold lessons for fighting economic contagions.


Book Synopsis Narrative Economics by : Robert J. Shiller

Download or read book Narrative Economics written by Robert J. Shiller and published by Princeton University Press. This book was released on 2020-09-01 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Nobel Prize–winning economist and New York Times bestselling author Robert Shiller, a groundbreaking account of how stories help drive economic events—and why financial panics can spread like epidemic viruses Stories people tell—about financial confidence or panic, housing booms, or Bitcoin—can go viral and powerfully affect economies, but such narratives have traditionally been ignored in economics and finance because they seem anecdotal and unscientific. In this groundbreaking book, Robert Shiller explains why we ignore these stories at our peril—and how we can begin to take them seriously. Using a rich array of examples and data, Shiller argues that studying popular stories that influence individual and collective economic behavior—what he calls "narrative economics"—may vastly improve our ability to predict, prepare for, and lessen the damage of financial crises and other major economic events. The result is nothing less than a new way to think about the economy, economic change, and economics. In a new preface, Shiller reflects on some of the challenges facing narrative economics, discusses the connection between disease epidemics and economic epidemics, and suggests why epidemiology may hold lessons for fighting economic contagions.


Health Economics

Health Economics

Author: Jay Bhattacharya

Publisher: Bloomsbury Publishing

Published: 2018-10-19

Total Pages: 621

ISBN-13: 1137029978

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Comprehensive in coverage this textbook, written by academics from leading institutions, discusses current developments and debates in modern health economics from an international perspective. Economic models are presented in detail, complemented by real-life explanations and analysis, and discussions of the influence of such theories on policymaking. Offering sound pedagogy and economic rigor, Health Economics focuses on building intuition alongside appropriate mathematical formality, translating technical language into accessible economic narrative. Rather than shying away from intellectual building blocks, students are introduced to technical and theoretical foundations and encouraged to apply these to inform empirical studies and wider policymaking. Health Economics provides: - A broad scope, featuring comparative health policy and empirical examples from around the world to help students relate the principles of health economics to everyday life - Coverage of topical issues such as the obesity epidemic, economic epidemiology, socioeconomic health disparities, and behavioural economics - A rich learning resource, complete with hundreds of exercises to help solidify and extend understanding. This book is designed for advanced undergraduate courses in health economics and policy but may also interest postgraduate students in economics, medicine and health policy. Accompanying online resources for this title can be found at bloomsburyonlineresources.com/health-economics. These resources are designed to support teaching and learning when using this textbook and are available at no extra cost.


Book Synopsis Health Economics by : Jay Bhattacharya

Download or read book Health Economics written by Jay Bhattacharya and published by Bloomsbury Publishing. This book was released on 2018-10-19 with total page 621 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprehensive in coverage this textbook, written by academics from leading institutions, discusses current developments and debates in modern health economics from an international perspective. Economic models are presented in detail, complemented by real-life explanations and analysis, and discussions of the influence of such theories on policymaking. Offering sound pedagogy and economic rigor, Health Economics focuses on building intuition alongside appropriate mathematical formality, translating technical language into accessible economic narrative. Rather than shying away from intellectual building blocks, students are introduced to technical and theoretical foundations and encouraged to apply these to inform empirical studies and wider policymaking. Health Economics provides: - A broad scope, featuring comparative health policy and empirical examples from around the world to help students relate the principles of health economics to everyday life - Coverage of topical issues such as the obesity epidemic, economic epidemiology, socioeconomic health disparities, and behavioural economics - A rich learning resource, complete with hundreds of exercises to help solidify and extend understanding. This book is designed for advanced undergraduate courses in health economics and policy but may also interest postgraduate students in economics, medicine and health policy. Accompanying online resources for this title can be found at bloomsburyonlineresources.com/health-economics. These resources are designed to support teaching and learning when using this textbook and are available at no extra cost.


The Sick Society

The Sick Society

Author: Michael Tanzer

Publisher:

Published: 1971

Total Pages: 280

ISBN-13:

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Economic analysis of the interrelationship of the drive of large enterprise, particularly monopolys and multinational enterprise, for profit maximization and political power with the current social problems in the USA whish precludes reformers' hopes for 'socially responsible' behaviour - shows how the expansionist role of USA overseas culminated in the Vietnam war, how American affluence has failed to alleviate Black poverty and widespread alienation and youth unrest, etc., and prophesyzes that these problems will lead to a major economic breakdown. References.


Book Synopsis The Sick Society by : Michael Tanzer

Download or read book The Sick Society written by Michael Tanzer and published by . This book was released on 1971 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic analysis of the interrelationship of the drive of large enterprise, particularly monopolys and multinational enterprise, for profit maximization and political power with the current social problems in the USA whish precludes reformers' hopes for 'socially responsible' behaviour - shows how the expansionist role of USA overseas culminated in the Vietnam war, how American affluence has failed to alleviate Black poverty and widespread alienation and youth unrest, etc., and prophesyzes that these problems will lead to a major economic breakdown. References.


An American Sickness

An American Sickness

Author: Elisabeth Rosenthal

Publisher: Penguin

Published: 2017-04-11

Total Pages: 434

ISBN-13: 0698407180

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A New York Times bestseller/Washington Post Notable Book of 2017/NPR Best Books of 2017/Wall Street Journal Best Books of 2017 "This book will serve as the definitive guide to the past and future of health care in America.”—Siddhartha Mukherjee, Pulitzer Prize-winning author of The Emperor of All Maladies and The Gene At a moment of drastic political upheaval, An American Sickness is a shocking investigation into our dysfunctional healthcare system - and offers practical solutions to its myriad problems. In these troubled times, perhaps no institution has unraveled more quickly and more completely than American medicine. In only a few decades, the medical system has been overrun by organizations seeking to exploit for profit the trust that vulnerable and sick Americans place in their healthcare. Our politicians have proven themselves either unwilling or incapable of reining in the increasingly outrageous costs faced by patients, and market-based solutions only seem to funnel larger and larger sums of our money into the hands of corporations. Impossibly high insurance premiums and inexplicably large bills have become facts of life; fatalism has set in. Very quickly Americans have been made to accept paying more for less. How did things get so bad so fast? Breaking down this monolithic business into the individual industries—the hospitals, doctors, insurance companies, and drug manufacturers—that together constitute our healthcare system, Rosenthal exposes the recent evolution of American medicine as never before. How did healthcare, the caring endeavor, become healthcare, the highly profitable industry? Hospital systems, which are managed by business executives, behave like predatory lenders, hounding patients and seizing their homes. Research charities are in bed with big pharmaceutical companies, which surreptitiously profit from the donations made by working people. Patients receive bills in code, from entrepreneurial doctors they never even saw. The system is in tatters, but we can fight back. Dr. Elisabeth Rosenthal doesn't just explain the symptoms, she diagnoses and treats the disease itself. In clear and practical terms, she spells out exactly how to decode medical doublespeak, avoid the pitfalls of the pharmaceuticals racket, and get the care you and your family deserve. She takes you inside the doctor-patient relationship and to hospital C-suites, explaining step-by-step the workings of a system badly lacking transparency. This is about what we can do, as individual patients, both to navigate the maze that is American healthcare and also to demand far-reaching reform. An American Sickness is the frontline defense against a healthcare system that no longer has our well-being at heart.


Book Synopsis An American Sickness by : Elisabeth Rosenthal

Download or read book An American Sickness written by Elisabeth Rosenthal and published by Penguin. This book was released on 2017-04-11 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New York Times bestseller/Washington Post Notable Book of 2017/NPR Best Books of 2017/Wall Street Journal Best Books of 2017 "This book will serve as the definitive guide to the past and future of health care in America.”—Siddhartha Mukherjee, Pulitzer Prize-winning author of The Emperor of All Maladies and The Gene At a moment of drastic political upheaval, An American Sickness is a shocking investigation into our dysfunctional healthcare system - and offers practical solutions to its myriad problems. In these troubled times, perhaps no institution has unraveled more quickly and more completely than American medicine. In only a few decades, the medical system has been overrun by organizations seeking to exploit for profit the trust that vulnerable and sick Americans place in their healthcare. Our politicians have proven themselves either unwilling or incapable of reining in the increasingly outrageous costs faced by patients, and market-based solutions only seem to funnel larger and larger sums of our money into the hands of corporations. Impossibly high insurance premiums and inexplicably large bills have become facts of life; fatalism has set in. Very quickly Americans have been made to accept paying more for less. How did things get so bad so fast? Breaking down this monolithic business into the individual industries—the hospitals, doctors, insurance companies, and drug manufacturers—that together constitute our healthcare system, Rosenthal exposes the recent evolution of American medicine as never before. How did healthcare, the caring endeavor, become healthcare, the highly profitable industry? Hospital systems, which are managed by business executives, behave like predatory lenders, hounding patients and seizing their homes. Research charities are in bed with big pharmaceutical companies, which surreptitiously profit from the donations made by working people. Patients receive bills in code, from entrepreneurial doctors they never even saw. The system is in tatters, but we can fight back. Dr. Elisabeth Rosenthal doesn't just explain the symptoms, she diagnoses and treats the disease itself. In clear and practical terms, she spells out exactly how to decode medical doublespeak, avoid the pitfalls of the pharmaceuticals racket, and get the care you and your family deserve. She takes you inside the doctor-patient relationship and to hospital C-suites, explaining step-by-step the workings of a system badly lacking transparency. This is about what we can do, as individual patients, both to navigate the maze that is American healthcare and also to demand far-reaching reform. An American Sickness is the frontline defense against a healthcare system that no longer has our well-being at heart.


What We Owe Each Other

What We Owe Each Other

Author: Minouche Shafik

Publisher: Princeton University Press

Published: 2022-08-23

Total Pages: 256

ISBN-13: 069120764X

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From one of the leading policy experts of our time, an urgent rethinking of how we can better support each other to thrive Whether we realize it or not, all of us participate in the social contract every day through mutual obligations among our family, community, place of work, and fellow citizens. Caring for others, paying taxes, and benefiting from public services define the social contract that supports and binds us together as a society. Today, however, our social contract has been broken by changing gender roles, technology, new models of work, aging, and the perils of climate change. Minouche Shafik takes us through stages of life we all experience—raising children, getting educated, falling ill, working, growing old—and shows how a reordering of our societies is possible. Drawing on evidence and examples from around the world, she shows how every country can provide citizens with the basics to have a decent life and be able to contribute to society. But we owe each other more than this. A more generous and inclusive society would also share more risks collectively and ask everyone to contribute for as long as they can so that everyone can fulfill their potential. What We Owe Each Other identifies the key elements of a better social contract that recognizes our interdependencies, supports and invests more in each other, and expects more of individuals in return. Powerful, hopeful, and thought-provoking, What We Owe Each Other provides practical solutions to current challenges and demonstrates how we can build a better society—together.


Book Synopsis What We Owe Each Other by : Minouche Shafik

Download or read book What We Owe Each Other written by Minouche Shafik and published by Princeton University Press. This book was released on 2022-08-23 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: From one of the leading policy experts of our time, an urgent rethinking of how we can better support each other to thrive Whether we realize it or not, all of us participate in the social contract every day through mutual obligations among our family, community, place of work, and fellow citizens. Caring for others, paying taxes, and benefiting from public services define the social contract that supports and binds us together as a society. Today, however, our social contract has been broken by changing gender roles, technology, new models of work, aging, and the perils of climate change. Minouche Shafik takes us through stages of life we all experience—raising children, getting educated, falling ill, working, growing old—and shows how a reordering of our societies is possible. Drawing on evidence and examples from around the world, she shows how every country can provide citizens with the basics to have a decent life and be able to contribute to society. But we owe each other more than this. A more generous and inclusive society would also share more risks collectively and ask everyone to contribute for as long as they can so that everyone can fulfill their potential. What We Owe Each Other identifies the key elements of a better social contract that recognizes our interdependencies, supports and invests more in each other, and expects more of individuals in return. Powerful, hopeful, and thought-provoking, What We Owe Each Other provides practical solutions to current challenges and demonstrates how we can build a better society—together.


The Great Stagnation

The Great Stagnation

Author: Tyler Cowen

Publisher: Penguin

Published: 2011-01-25

Total Pages: 71

ISBN-13: 1101502258

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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.


Book Synopsis The Great Stagnation by : Tyler Cowen

Download or read book The Great Stagnation written by Tyler Cowen and published by Penguin. This book was released on 2011-01-25 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.