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Winner-Take-All Politics : How Washington Made the Rich Richer--And Turned Its Back on the Middle Class.
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ISBN: 9781416588696 9781416588702 9781416593843 1416593845 Year: 2010 Publisher: Riverside : Simon & Schuster,

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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.

Our modern times : the nature of capitalism in the information age
Authors: ---
ISBN: 026203302X 9780262033022 Year: 2003 Publisher: Cambridge, Mass.: MIT Press,

The dismal science: how thinking like an economist undermines community
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ISBN: 9780674026544 0674026543 Year: 2008 Publisher: Cambridge, Mass. Harvard University Press

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Keywords

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


Book
Culture in economics
Authors: ---
ISBN: 9780521193009 9780511761539 9781107684614 9780511933066 0511933061 0521193001 0511761538 1107214130 0511852894 1282943731 9786612943737 0511931719 0511930372 051192786X 0511925328 1107684617 Year: 2011 Publisher: Cambridge, UK New York Cambridge University Press

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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.


Book
A probability metrics approach to financial risk measures
Authors: --- ---
ISBN: 9781405183697 1405183691 Year: 2011 Publisher: Chichester Wiley-Blackwell


Book
Probability and Statistical Models : Foundations for Problems in Reliability and Financial Mathematics
Authors: --- --- ---
ISBN: 9780817649876 9780817649869 Year: 2010 Publisher: Boston MA Birkhäuser Boston Imprint Birkhäuser

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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.

Keywords

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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