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A groundbreaking work that identifies the real culprit behind one of the great economic crimes of our time- the growing inequality of incomes between the vast majority of Americans and the richest of the rich. We all know that the very rich have gotten a lot richer these past few decades while most Americans haven't. In fact, the exorbitantly paid have continued to thrive during the current economic crisis, even as the rest of Americans have continued to fall behind. Why do the "haveit- alls" have so much more? And how have they managed to restructure the economy to reap the lion's share of the gains and shift the costs of their new economic playground downward, tearing new holes in the safety net and saddling all of us with increased debt and risk? Lots of so-called experts claim to have solved this great mystery, but no one has really gotten to the bottom of it-until now. In their lively and provocative Winner-Take-All Politics, renowned political scientists Jacob S. Hacker and Paul Pierson demonstrate convincingly that the usual suspects-foreign trade and financial globalization, technological changes in the workplace, increased education at the top-are largely innocent of the charges against them. Instead, they indict an unlikely suspect and take us on an entertaining tour of the mountain of evidence against the culprit. The guilty party is American politics. Runaway inequality and the present economic crisis reflect what government has done to aid the rich and what it has not done to safeguard the interests of the middle class. The winner-take-all economy is primarily a result of winner-take-all politics. In an innovative historical departure, Hacker and Pierson trace the rise of the winner-take-all economy back to the late 1970s when, under a Democratic president and a Democratic Congress, a major transformation of American politics occurred. With big business and conservative ideologues organizing themselves to undo the regulations and progressive tax policies that had helped ensure a fair distribution of economic rewards, deregulation got under way, taxes were cut for the wealthiest, and business decisively defeated labor in Washington. And this transformation continued under Reagan and the Bushes as well as under Clinton, with both parties catering to the interests of those at the very top. Hacker and Pierson's gripping narration of the epic battles waged during President Obama's first two years in office reveals an unpleasant but catalyzing truth: winner-take-all politics, while under challenge, is still very much with us. Winner-Take-All Politics -part revelatory history, part political analysis, part intellectual journey- shows how a political system that traditionally has been responsive to the interests of the middle class has been hijacked by the superrich. In doing so, it not only changes how we think about American politics, but also points the way to rebuilding a democracy that serves the interests of the many rather than just those of the wealthy few.
#SBIB:33H041 --- #SBIB:33H13 --- #SBIB:328H31 --- Equality --- -Capitalism --- -306.3 --- Market economy --- Economics --- Profit --- Capital --- Egalitarianism --- Inequality --- Social equality --- Social inequality --- Political science --- Sociology --- Democracy --- Liberty --- Economische ontwikkelingen en bewegingen --- Economische politiek --- Instellingen en beleid: VSA / USA --- United States --- Economic policy. --- Politics and government --- -Politics and government --- -#SBIB:33H041 --- 306.3 --- Internal politics --- Capitalism --- Economic policy --- 1945-1989 --- 1989 --- -Equality --- -Internal politics --- United States of America
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Capital humain --- Human assets --- Human beings -- Economic value --- Human capital --- Human resources --- Menselijk kapitaal --- Ressources humaines --- Economics --- Work --- Sociological aspects --- Social aspects --- -Work --- -Human capital --- 306.3 --- Human beings --- Capital --- Labor supply --- Industry (Psychology) --- Method of work --- Work, Method of --- Human behavior --- Labor --- Occupations --- Work-life balance --- Economic theory --- Political economy --- Social sciences --- Economic man --- Economic value --- Economics - Sociological aspects --- Work - Social aspects
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Economics --- Markets --- Economic development --- Communities. --- Social structure --- Economie politique --- Marchés --- Développement économique --- Communauté --- Structure sociale --- Sociological aspects. --- Social aspects. --- Economic aspects. --- Aspect sociologique --- Aspect social --- Aspect économique --- AA / International- internationaal --- 330.1 --- 174 --- #SBIB:33H000 --- 316.4 --- -Markets --- -Economic development --- -Communities --- -306.3 --- Organization, Social --- Social organization --- Anthropology --- Sociology --- Social institutions --- Community --- Social groups --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Public markets --- Commerce --- Fairs --- Market towns --- Economic theory --- Political economy --- Social sciences --- Economic man --- Domein en natuur van de staathuishoudkunde. --- Verband tussen de ethiek en de economie. Ethiek en bedrijf. --- Economie: algemene werken --- Sociale processen --- Sociological aspects --- Social aspects --- Economic aspects --- 316.4 Sociale processen --- Marchés --- Développement économique --- Communauté --- Aspect économique --- Communities --- 306.3 --- Society and markets --- Economic sociology --- Socio-economics --- Socioeconomics --- Sociology of economics --- Verband tussen de ethiek en de economie. Ethiek en bedrijf --- Domein en natuur van de staathuishoudkunde
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Probability theory --- Mathematical statistics --- Probabilities --- Statistique mathématique --- Probabilités --- AA / International- internationaal --- 306.3 --- 303.3 --- 10.01.a --- 10.02.b --- Probability --- Statistical inference --- Combinations --- Mathematics --- Chance --- Least squares --- Risk --- Statistics, Mathematical --- Statistics --- Sampling (Statistics) --- Vergissing, waarschijnlijkheid (toegepaste statistiek). --- Waarschijnlijkheid. Probabiliteit. Nauwkeurigheid. Residuals: measurement and specification (wiskundige statistiek). --- Verzekeringswiskunde ; Waarschijnlijkheidsrekening --- Statistieken ; Wiskundige statistiek --- Statistical methods --- Mathematical statistics. --- Probabilities. --- Statistique mathématique --- Probabilités --- Waarschijnlijkheid. Probabiliteit. Nauwkeurigheid. Residuals: measurement and specification (wiskundige statistiek) --- Vergissing, waarschijnlijkheid (toegepaste statistiek) --- Probabilités. --- Probabilités.
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Economic analysis of law --- Microeconomics --- Affective and dynamic functions --- Economics --- Happiness --- Income. --- Well-being. --- Income --- Well-being --- Psychological aspects. --- Sociological aspects. --- Economic aspects. --- Sociological aspects --- Economic aspects --- -Economics --- -Happiness --- -Income --- 306.3 --- Welfare (Personal well-being) --- Wellbeing --- Quality of life --- Health --- Wealth --- Family income --- Fortunes --- Household income --- Personal income --- Finance --- Property --- Gross national product --- Profit --- Purchasing power --- Gladness --- Emotions --- Cheerfulness --- Contentment --- Pleasure --- Economic theory --- Political economy --- Social sciences --- Economic man --- Psychological aspects --- Economics - Psychological aspects --- Economics - Sociological aspects --- Happiness - Economic aspects
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Many economists now accept that informal institutions and culture play a crucial role in economic outcomes. Driven by the work of economists like Nobel laureates Douglass North and Gary Becker, there is an important body of work that invokes cultural and institutional factors to build a more comprehensive and realistic theory of economic behavior. This book provides a comprehensive overview of research in this area, sketching the main premises and challenges faced by the field. The first part introduces and explains the various theoretical approaches to studying culture in economics, going back to Smith and Weber, and addresses the methodological issues that need to be considered when including culture in economics. The second part of the book then provides readers with a series of examples that show how the cultural approach can be used to explain economic phenomena in four different areas: entrepreneurship, trust, international business and comparative corporate governance.
BUSINESS & ECONOMICS / Economics / General --- Economics --- Culture --- Economie politique --- Sociological aspects --- Economic aspects --- Aspect sociologique --- Aspect économique --- -AA / International- internationaal --- -330.1 --- 201 --- 306.3 --- Cultural sociology --- Sociology of culture --- Civilization --- Economic theory --- Political economy --- Social sciences --- Economic man --- Domein en natuur van de staathuishoudkunde. --- Sociologie: algemeenheden. --- Social aspects --- Aspect économique --- 330.1 --- AA / International- internationaal --- Economic sociology --- Socio-economics --- Socioeconomics --- Sociology of economics --- Sociology --- Sociologie: algemeenheden --- Domein en natuur van de staathuishoudkunde --- Sociological aspects. --- Economic aspects. --- Business, Economy and Management
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International financial management --- Financial risk management. --- Probabilities. --- Finances --- Probabilités --- Gestion du risque --- AA / International- internationaal --- 305.91 --- 305.975 --- 306.3 --- 305.6 --- 333.109 --- Financial risk management --- Probabilities --- 332.015192 --- Probability --- Statistical inference --- Combinations --- Mathematics --- Chance --- Least squares --- Mathematical statistics --- Risk --- Risk management --- Econometrie van de financiële activa. Portfolio allocation en management. CAPM. Bubbles. --- Monte Carlo methods. Experimenten en resultaten. --- Vergissing, waarschijnlijkheid (toegepaste statistiek). --- Risicotheorie, speltheorie. Risicokapitaal. Beslissingsmodellen. --- Veiligheid. Bankovervallen. Bankrisico's. --- Probabilités --- Risicotheorie, speltheorie. Risicokapitaal. Beslissingsmodellen --- Econometrie van de financiële activa. Portfolio allocation en management. CAPM. Bubbles --- Monte Carlo methods. Experimenten en resultaten --- Vergissing, waarschijnlijkheid (toegepaste statistiek) --- Veiligheid. Bankovervallen. Bankrisico's
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Economics --- AA / International- internationaal --- 174 --- -Economics --- -Human behavior --- -Social problems --- -Social choice --- -306.3 --- Choice, Social --- Collective choice --- Public choice --- Choice (Psychology) --- Social psychology --- Welfare economics --- Reform, Social --- Social reform --- Social welfare --- Social history --- Applied sociology --- Action, Human --- Behavior, Human --- Ethology --- Human action --- Human beings --- Human biology --- Physical anthropology --- Psychology --- Social sciences --- Psychology, Comparative --- Economic theory --- Political economy --- Economic man --- Verband tussen de ethiek en de economie. Ethiek en bedrijf. --- Psychological aspects --- Sociological aspects --- Economic aspects --- Behavior --- Verband tussen de ethiek en de economie. Ethiek en bedrijf --- -Psychological aspects
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174.5 --- 338 <09> --- Economische ethiek. Speculatie --- Economische geschiedenis --- Economic history --- Economics --- Trust. --- Virtue. --- Moral and ethical aspects. --- 338 <09> Economische geschiedenis --- 174.5 Economische ethiek. Speculatie --- Confiance --- -Trust --- Social ethics --- Political philosophy. Social philosophy --- Trust --- Virtue --- 306.3 --- Conduct of life --- Ethics --- Human acts --- Trust (Psychology) --- Attitude (Psychology) --- Emotions --- Economic theory --- Political economy --- Social sciences --- Economic man --- Moral and ethical aspects --- Histoire économique --- Economie politique --- Vertus --- Aspect moral --- Economics - Moral and ethical aspects --- Economic history - 1945 --- -Economic history --- -174.5 --- Morale politique --- Économie politique --- Histoire économique --- Sociologie économique --- 1945-....
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With an emphasis on models and techniques, this textbook introduces many of the fundamental concepts of stochastic modeling that are now a vital component of almost every scientific investigation. These models form the basis of well-known parametric lifetime distributions such as exponential, Weibull, and gamma distributions, as well as change-point and mixture models. The authors also consider more general notions of non-parametric lifetime distribution classes. In particular, emphasis is placed on laying the foundation for solving problems in reliability, insurance, finance, and credit risk. Exercises and solutions to selected problems accompany each chapter in order to allow students to explore these foundations. The key subjects covered include: * Exponential distributions and the Poisson process * Parametric lifetime distributions * Non-parametric lifetime distribution classes * Multivariate exponential extensions * Association and dependence * Renewal theory * Problems in reliability, insurance, finance, and credit risk This work differs from traditional probability textbooks in a number of ways. Since no measure theory knowledge is necessary to understand the material and coverage of the central limit theorem and normal theory related topics has been omitted, the work may be used as a single-semester senior undergraduate or first-year graduate textbook as well as in a second course on probability modeling. Many of the chapters that examine central topics in applied probability can be read independently, allowing both instructors and readers extra flexibility in their use of the book. Probability and Statistical Models is for a wide audience including advanced undergraduate and beginning-level graduate students, researchers, and practitioners in mathematics, statistics, engineering, and economics.
Mathematics. --- Probability Theory and Stochastic Processes. --- Statistics for Business/Economics/Mathematical Finance/Insurance. --- Appl.Mathematics/Computational Methods of Engineering. --- Mathematical Modeling and Industrial Mathematics. --- Statistics for Engineering, Physics, Computer Science, Chemistry and Earth Sciences. --- Quantitative Finance. --- Finance. --- Distribution (Probability theory). --- Economics --- Engineering mathematics. --- Mathématiques --- Finances --- Distribution (Théorie des probabilités) --- Mathématiques de l'ingénieur --- Statistics. --- Distribution (Probability theory) --- Mathematical statistics --- Stochastic processes --- AA / International- internationaal --- 303.3 --- 306.3 --- 305.0 --- 519.24 --- Random processes --- Probabilities --- Mathematics --- Statistical inference --- Statistics, Mathematical --- Statistics --- Sampling (Statistics) --- Distribution functions --- Frequency distribution --- Characteristic functions --- Waarschijnlijkheid. Probabiliteit. Nauwkeurigheid. Residuals: measurement and specification (wiskundige statistiek). --- Vergissing, waarschijnlijkheid (toegepaste statistiek). --- Toegepaste econometrie en statistiek (algemene naslagwerken). Statistische onderzoekingen en studiën. --- Statistical methods --- Waarschijnlijkheid. Probabiliteit. Nauwkeurigheid. Residuals: measurement and specification (wiskundige statistiek) --- Toegepaste econometrie en statistiek (algemene naslagwerken). Statistische onderzoekingen en studiën --- Vergissing, waarschijnlijkheid (toegepaste statistiek)
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