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A radical new approach to economic policy that addresses the symptoms and causes of inequality in Western society todayFueled by populism and the frustrations of the disenfranchised, the past few years have witnessed the widespread rejection of the economic and political order that Western countries built up after 1945. Political debates have turned into violent clashes between those who want to “take their country back” and those viewed as defending an elitist, broken, and unpatriotic social contract. There seems to be an increasing polarization of values. The Economics of Belonging argues that we should step back and take a fresh look at the root causes of our current challenges. In this original, engaging book, Martin Sandbu argues that economics remains at the heart of our widening inequality and it is only by focusing on the right policies that we can address it. He proposes a detailed, radical plan for creating a just economy where everyone can belong.Sandbu demonstrates that the rising numbers of the left behind are not due to globalization gone too far. Rather, technological change and flawed but avoidable domestic policies have eroded the foundations of an economy in which everyone can participate—and would have done so even with a much less globalized economy. Sandbu contends that we have to double down on economic openness while pursuing dramatic reforms involving productivity, regional development, support for small- and medium-sized businesses, and increased worker representation. He discusses how a more active macroeconomic policy, education for all, universal basic income, and better taxation of capital could work together for society’s benefit.Offering real answers, not invective, for facing our most serious political issues, The Economics of Belonging shows how a better economic system can work for all.

E-books --- Political philosophy. Social philosophy --- Economic order --- 331.31 --- 339.21 --- Economisch beleid --- Ongelijkheid en herverdeling van vermogens en inkomens. Inkomensbeleid --- Economic policy --- Western countries --- Economic conditions --- A Republic of Equals. --- Andrew Yang. --- Angus Deaton. --- Anne Case. --- Barry Eichengreen. --- Boris Johnson. --- Brexit. --- China Shock. --- Concrete Economics. --- Cultural Backlash. --- Dani Rodrik. --- David Blanchflower. --- Deaths of Despair. --- Donald Trump. --- Eric Kaufmann. --- J. Bradford Delong. --- Jon Haidt. --- Jonathan Rothwell. --- Make America Think Harder. --- Michael Gove. --- NAFTA. --- Nigel Farage. --- Not Working. --- Pippa Norris. --- Robert Wuthnow. --- Ronald Inglehart. --- Stephen Cohen. --- The Left Behind. --- The Populist Temptation. --- Whiteshift. --- antiglobalization. --- debt restructuring. --- debt traps. --- industrialization. --- intellectual property. --- labor markets. --- labor productivity. --- minimum wage. --- not left or right. --- populists. --- protectionism. --- rent-seeking. --- tariffs. --- taxing wealth. --- welfare society. --- Economic nationalism --- Economic planning --- National planning --- State planning --- Economics --- Planning --- National security --- Social policy --- Occident --- West (Western countries) --- Western nations --- Western world --- Developed countries

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Essential reading for understanding the international economy-now thoroughly updatedLucid, accessible, and provocative, and now thoroughly updated to cover recent events that have shaken the global economy, Globalizing Capital is an indispensable account of the past 150 years of international monetary and financial history-from the classical gold standard to today's post-Bretton Woods "nonsystem." Bringing the story up to the present, this third edition covers the global financial crisis, the Greek bailout, the Euro crisis, the rise of China as a global monetary power, the renewed controversy over the international role of the U.S. dollar, and the currency war. Concise and nontechnical, and with a proven appeal to general readers, students, and specialists alike, Globalizing Capital is a must-read for anyone who wants to understand where the international economy has been-and where it may be going.

International finance --- Gold standard --- History. --- 1997 Asian financial crisis. --- Asset. --- Austerity. --- Balance of payments. --- Bank of England. --- Bank run. --- Bank. --- Barry Eichengreen. --- Behalf. --- Bimetallism. --- Bretton Woods system. --- Budget. --- Capital control. --- Capital flight. --- Central bank. --- Commodity. --- Competitiveness. --- Credit (finance). --- Currency. --- Current account. --- Debt crisis. --- Debt. --- Default (finance). --- Deflation. --- Deposit account. --- Depreciation. --- Deutsche Bundesbank. --- Deutsche Mark. --- Devaluation. --- Developed country. --- Economic growth. --- Economic policy. --- Economics. --- Economy. --- European Central Bank. --- European Monetary System. --- Exchange rate. --- Exorbitant privilege. --- Expense. --- Export. --- Fiat money. --- Finance. --- Financial crisis of 2007–08. --- Financial crisis. --- Financial institution. --- Financial intermediary. --- Fiscal policy. --- Fixed exchange-rate system. --- Floating exchange rate. --- Foreign direct investment. --- Foreign exchange market. --- French franc. --- Funding. --- Global imbalances. --- Gold reserve. --- Gold standard. --- Government bond. --- Government debt. --- Guarantee. --- Income. --- Inflation. --- Interest rate. --- Interest. --- International Monetary Fund. --- International monetary systems. --- Investment. --- Investor. --- Latin America. --- Lender of last resort. --- Liability (financial accounting). --- Liberalization. --- Line of credit. --- Market (economics). --- Market liquidity. --- Marshall Plan. --- Monetary authority. --- Monetary policy. --- Monetary reform. --- Monetary system. --- Money supply. --- Payment. --- Policy. --- Pound sterling. --- Provision (accounting). --- Rate of return. --- Receipt. --- Recession. --- Relative price. --- Shortage. --- Special drawing rights. --- Speculation. --- Speculative attack. --- Tariff. --- Tax. --- Trader (finance). --- Unemployment. --- United States dollar. --- Welfare. --- World War II. --- World economy.