Understanding National Wealth The Triumph Of The Most Successful Political Economy In History
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Understanding National Wealth The Triumph Of The Most Successful Political Economy In History
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Author : Richard Smith
language : en
Publisher: Covenant Books, Inc.
Release Date : 2020-01-15
Understanding National Wealth The Triumph Of The Most Successful Political Economy In History written by Richard Smith and has been published by Covenant Books, Inc. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-01-15 with Fiction categories.
Far too many public statements are taken as fact and go unchallenged, such as, "The country is on the verge of bankruptcy," to "We are saddling future generations with crushing levels of debt," to "China has undue leverage over us since they own most of our national debt." Statements as these range from being wild distortions to complete nonsense. A well-informed populace needs to push back on half-truths, untruths, obfuscations, and demagoguery, with facts and empirical evidence at their fingertips-and that is the point of this book. Can you answer these questions? 1. What is the total asset base of the United States? $150 trillion? $50? $20? 2. What is the total net worth of the United States? $100 trillion? $50? $10? 3. What percent of the federal US debt is owned by China? 35%? 20%? 5%? 4. What is household consumer credit as % of all national assets? 30%? 15%? 3%? Understanding National Wealth provides the evidence and perspective for a more honest, objective conversation. As the adage goes, "Everyone is entitled to their own opinion but not their own set of facts." Fragmented information about the country's financial position is in many different places and forms. Therefore, "one cannot see the forest through the trees". This book provides a succinct summary of where the nation stands financially by bringing together and consolidating the best available data into a national balance sheet containing all private and public sector assets and liabilities. In short, this breakthrough perspective properly analyzes the nation's economy and financial health. Understanding National Wealth is a comprehensive first-of-its-kind financial report on the nation, with the specifics of the country's wealth well-documented and analyzed. richoutlook.com
The Science Of Wealth
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Author : Tony Aspromourgos
language : en
Publisher: Routledge
Release Date : 2008-09-18
The Science Of Wealth written by Tony Aspromourgos and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-09-18 with Business & Economics categories.
This study clarifies the character of 'political economy' as a distinct and separable intellectual discipline in the generic sense, in the texts of Adam Smith. It focuses upon the scope and fundamental conceptualizations of the new science. Smith's conceptualization of economic analysis is shown to constitute a unified intellectual piece for understanding economic society and its dynamics. Smith's fundamental economic language is exhaustively examined, in all his texts, with a view to clarifying the meaning of the basic concepts of his system. As well, the 'prehistories' of those concepts, in literature prior to Smith, back to the earliest times, are quite comprehensively treated, thereby placing his political economy in its larger historical context and conveying a rich sense of the history of these ideas over the whole course of our civilization. A quite complete account of Smith's economics as a whole is also entailed by this undertaking: his key substantive economic doctrines are thoroughly considered as well, and all the elements of his economic theory receive attention. To that extent, notwithstanding the focus on concepts, an interpretation of the substance of Smith's political economy is also provided. This focus is partly motivated by the view that Smith's intellectual triumph in the history of social science is not so much about the success of specific doctrines. His more considerable theoretical success is at a deeper level: gaining a wide and long-lasting acquiescence in the conceptual universe framed by the fundamental structures of his system, for a newly emerging discipline. Those who subsequently contested Smithian doctrine did so within Smith's framework; they did so 'on his terms'. While the book's primary purpose is to reconstruct the character of Smith's political economy as a distinct intellectual enterprise, it also addresses its relevance to modern economics, and to policy and practice in contemporary liberal society.
How China Escaped The Poverty Trap
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Author : Yuen Yuen Ang
language : en
Publisher: Cornell University Press
Release Date : 2016-08-03
How China Escaped The Poverty Trap written by Yuen Yuen Ang and has been published by Cornell University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-03 with Business & Economics categories.
Mapping coevolution -- Directed improvisation -- Balancing variety and uniformity -- Franchising the bureaucracy -- From building to preserving markets -- Connecting first-movers and laggards -- Conclusion : how development actually happened beyond China
Winner Take All Politics
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Author : Jacob S. Hacker
language : en
Publisher: Simon and Schuster
Release Date : 2010
Winner Take All Politics written by Jacob S. Hacker and has been published by Simon and Schuster this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Political Science categories.
Analyzes the growing divide between the incomes of the wealthy class and those of middle-income Americans, exonerating popular suspects to argue that the nation's political system promotes greed and under-representation.
The Power Of A Single Number
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Author : Philipp Lepenies
language : en
Publisher: Columbia University Press
Release Date : 2016-04-26
The Power Of A Single Number written by Philipp Lepenies and has been published by Columbia University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-26 with Business & Economics categories.
Widely used since the mid-twentieth century, GDP (gross domestic product) has become the world's most powerful statistical indicator of national development and progress. Practically all governments adhere to the idea that GDP growth is a primary economic target, and while criticism of this measure has grown, neither its champions nor its detractors deny its central importance in our political culture. In The Power of a Single Number, Philipp Lepenies recounts the lively history of GDP's political acceptance—and eventual dominance. Locating the origins of GDP measurements in Renaissance England, Lepenies explores the social and political factors that originally hindered its use. It was not until the early 1900s that an ingenuous lone-wolf economist revived and honed GDP's statistical approach. These ideas were then extended by John Maynard Keynes, and a more focused study of national income was born. American economists furthered this work by emphasizing GDP's ties to social well-being, setting the stage for its ascent. GDP finally achieved its singular status during World War II, assuming the importance it retains today. Lepenies's absorbing account helps us understand the personalities and popular events that propelled GDP to supremacy and clarifies current debates over the wisdom of the number's rule.
China S Capitalism
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Author : Tobias ten Brink
language : en
Publisher: University of Pennsylvania Press
Release Date : 2019-02-14
China S Capitalism written by Tobias ten Brink and has been published by University of Pennsylvania Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-02-14 with Political Science categories.
Since 1978, the end of the Mao era, economic growth in China has outperformed every previous economic expansion in modern history. While the largest Western economies continue to struggle with the effects of the deepest recession since World War II, the People's Republic of China still enjoys growth rates that are massive in comparison. In the country's smog-choked cities, a chaotic climate of buying and selling prevails. Tireless expansion and inventiveness join forces with an attitude of national euphoria in which anything seems possible. No longer merely the "workshop of the world," China is poised to become a global engine for innovation. In China's Capitalism, Tobias ten Brink considers the history of the socioeconomic order that has emerged in the People's Republic. With empirical evidence and a theoretical foundation based in comparative and international political economy, ten Brink analyzes the main characteristics of China's socioeconomic system over time, identifies the key dynamics shaping this system's structure, and discusses current trends in further capitalist development. He argues that hegemonic state-business alliances mostly at the local level, relative homogeneity of party-state elites, the maintenance of a low-wage regime, and unanticipated coincidences between domestic and global processes are the driving forces behind China's rise. He also surveys the limits to the state's influence over economic and social developments such as industrial overcapacity and social conflict. Ten Brink's framework reveals how combinations of three heterogeneous actors—party-state institutions, firms, and workers—led to China's distinctive form of capitalism. Presenting a coherent and historically nuanced portrait, China's Capitalism is essential reading for anyone interested in the socioeconomic order of the People's Republic and the significant challenges facing its continuing development.
Capital In The Twenty First Century
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Author : Thomas Piketty
language : en
Publisher: Harvard University Press
Release Date : 2017-08-14
Capital In The Twenty First Century written by Thomas Piketty and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-14 with Business & Economics categories.
What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.
Liem Sioe Liong S Salim Group
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Author : Richard Borsuk
language : en
Publisher: Flipside Digital Content Company Inc.
Release Date : 2014-11-07
Liem Sioe Liong S Salim Group written by Richard Borsuk and has been published by Flipside Digital Content Company Inc. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-11-07 with Business & Economics categories.
After Suharto gained power in Indonesia in the mid-1960s, he stayed as the country's president for more than three decades, helped by the powerful military, hefty foreign aid and support from a coterie of cronies. A pivotal business backer for his New Order government was Liem Sioe Liong, a migrant from China, who arrived in Java in 1938. A combination of the Suharto connection, serendipity and personal charm propelled him to become the wealthiest tycoon in Southeast Asia. This is the story of how Liem built the Salim Group, a conglomerate that in its heyday controlled Indonesia's largest non-state bank, the country's dominant cement producer and flour mill, as well as the world's biggest maker of instant noodles. The book features exclusive input from Liem, who died in 2012, and his youngest son, Anthony Salim. It traces the founder's life and the group's symbiosis with Suharto, his generals and family. After the tumultuous 1997-98 Asian financial crisis sparked Suharto's fall and a backlash against the strongman's cronies, Anthony staved off the crushing of the debt-laden group. Told in a journalistic style, the story of the Salim Group provides insights into Suharto's New Order. For business executives, students and anyone with an interest in Southeast Asia's largest economy, the volume makes a valuable contribution towards understanding the country's modern history.
The Rich Don T Always Win
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Author : Sam Pizzigati
language : en
Publisher: Seven Stories Press
Release Date : 2012-11-27
The Rich Don T Always Win written by Sam Pizzigati and has been published by Seven Stories Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-27 with Political Science categories.
The Occupy Wall Street protests have captured America's political imagination. Polls show that two-thirds of the nation now believe that America's enormous wealth ought to be "distributed more evenly." However, almost as many Americans--well over half--feel the protests will ultimately have "little impact" on inequality in America. What explains this disconnect? Most Americans have resigned themselves to believing that the rich simply always get their way. Except they don't. A century ago, the United States hosted a super-rich even more domineering than ours today. Yet fifty years later, that super-rich had almost entirely disappeared. Their majestic mansions and estates had become museums and college campuses, and America had become a vibrant, mass middle class nation, the first and finest the world had ever seen. Americans today ought to be taking no small inspiration from this stunning change. After all, if our forbears successfully beat back grand fortune, why can't we? But this transformation is inspiring virtually no one. Why? Because the story behind it has remained almost totally unknown, until now. This lively popular history will speak directly to the political hopelessness so many Americans feel. By tracing how average Americans took down plutocracy over the first half of the 20th Century--and how plutocracy came back-- The Rich Don't Always Win will outfit Occupy Wall Street America with a deeper understanding of what we need to do to get the United States back on track to the American dream.
The United States As A Developing Country
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Author : Martin J. Sklar
language : en
Publisher: Cambridge University Press
Release Date : 1992-04-24
The United States As A Developing Country written by Martin J. Sklar and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-04-24 with Business & Economics categories.
This book, first published in 1992, is concerned with the United States as a developing country in the early twentieth century.