Book Description
The boom of the U.S. economy in the late 1990s suggests that Americans are better off than they were a decade ago, but this is not true across the board and the reason, as James Galbraith explains, is wage inequality. He contends that inequality is not the result of impersonal market forces but of specific government decisions and the poor economic performance they created. Featuring a new afterword on wage shifts since 1994, Created Unequal is a rousing book that reminds us we can reclaim our country through economic understanding, commonsense policy, and political action.
"Created Unequal is not light reading, but Galbraith's elegant arguments, passionate exposition, and profound conclusions make it worth the trouble. . . . [Galbraith] remind[s] us that the economy is and ought to be run by humans, not humans by the economy."—Joanna Ciulla, Los Angeles Times Book Review
"Created Unequal is a lucid and wise explanation of why America seems to be prospering while most Americans aren't. James Galbraith takes steady aim at a variety of widely accepted economic myths and hits most of them dead center. This book will tell you a lot about the way your economic world really works."—Jeff Faux, President of the Economic Policy Institute
"[A] brilliant and iconoclastic examination of the major social trend of our time."—Michael Lind, Washington Monthly
Customer Reviews:
Wage determined by Supply-demand, buyer-seller. Liberty to buy-sell-trade-commerce.......2006-04-01
Wages are determined by Supply-demand, buyer-seller. Liberty to buy-sell-trade-commerce in a free society.
In a free society with free citizens, as opposed to state-enforced police state like north korea or cuba,
prices and hence wages are determined by supply-demand, demand-supply.
Price is where supply-demand meet.
Witness gold, silver, oil, all traded globally with a price determined by supply-demand.
Why is Wal-Mart on the #1 on the Fortune 500 and Fortune Global 500. Simple: quality products at low prices.
Why is Toyota the #1 car-builder and GM and Ford going almost bankrupt. Simple. Toyota can build quality cars at "reasonable" prices.
Consumer want quality products-services at at low prices. True at all places and at all times.
Wages are also determined by supply-demand. Being a retail service clerk is Not going to earn an NBA salary.
Wages in a free society, as wages for pro football, basebll, and basketball are set by the free market of supply-demand.
True today and unlikely to change anytime soon.
Galbraith has exempted himself from either the "marketplace" and the "customer", like father, like son, with a phony, fake, welfare-for-academic job like a professor at the University of Texas.
If you are so smart, why aren't you in the real world making it.
From Yale to Harvard to Cambridge, to Univ of Texas. . From one ivory tower to another ivory until retirement.
Typical "ivory tower pinhead". What a massive fraud. The rest of us have to actually work for a living. Lifelong "ivory tower pinhead".
Those who do not live in reality write books about un-reality. That's what this silly little book is about.
Technically solid, but weaker on policy arguments.......2001-02-23
"Created Unequal" is an impressive work of economic analysis of wage and wealth inequality. Although the book occasionally gets into some relatively rigorous economics, it should be accessible to the determined lay reader.
Professor Galbraith's central thesis is that the amount of wage inequality (the difference between what the wealthiest make and what the poorest make) is tied directly to a number of key factors: the unemployment rate, the interest rate, the strength of the dollar, and so on. Essentially, the lower the unemployment rate, the less the degree of wage inequality. I am simplifying his thesis considerably here, but this is the essence of it. There is a considerable amount of technical research presented that supports the thesis and demonstrating a strong correlation between wage inequality and unemployment.
So, Professor Galbraith makes a persuasive case that the government can affect wage inequality by making certain policy decisions, such as lowering unemployment, raising the minimum wage, weakening the dollar against international currencies, and so on.
But, what is missing from the book is a serious justification of why the free market should not dictate the value of labor. In other words, from a normative standpoint, why should workers be paid two or three or more times the value of their labor? There are egalitarian arguments to be made, of course, but at the same time, if the value of Bill Gates' labor is, say, 100 times more valuable than the work of a custodian, why should Gates' wages be limited to, say, 30 times that of custodian? (At one point, Professor Galbraith suggests a 30-1 limitation.)
In the end, this is an impressive and valuable work. You may or may not agree with the policy decisions that Professor Galbraith supports, but his analysis must be reckoned with.
A compelling case that politics affects wages........1999-06-19
Galbraith provides a cogent, well-documented argument that instability has more to do with wage inequality than does a mechanism for market efficiency. "When the ocean is flat, rowboats and dinghies can join the trawlers out on the reef where the fish are running. But in a gale, the little boats sink while the large ones do not." He argues that reasonable wages obtain from low unemployment and that expecting science and technology to act as the "centerpiece of a progressive agenda is absurd." Highly recommended.
A book for Europeans.......1999-06-11
Polititians and business people in Europe often recommend to learn from the US. But usually they don't tell the full story. Galbraith's book does.
An eye opening look at the american wage structure........1999-05-27
Created Unequal begins by telling the reader that the book will discuss the gap between the highly skilled employee and the unskilled. Mr. Galbraith begins by dicussing the chamge in monetary policy since the 1970's and the change in the labor force, as well. Since the 70's more women and minorities have joined the labor force and the U.S. has enjoyed a prospering economy and slipped into a recession. The main focus of the book is discovering what caused such a huge gap between the skilled and unskilled. One possible solution Mr. Galbraith suggests is the rise in the number of college bound and college graduates in the past twenty years. The increase in education has forced employers to pay these higher skilled employees a greater wage. Another possible answer, which directly relates to education, is the advancement of technology, namely the personal computer. As more and more computer were,and are, becoming part of the business world employers needed to find employees who knew how to operate the new machines. In the beginning, these employees were a rare find and thus, could demand a higher wage. This solution, the most popular among modern economists, is rejected by Galbraith. He states that the rise in education came before the introduction of the personal computer. The technicality and dryness of the book was to be expected as it is a study on a dry science. We did, however, find that the book presented a new outlook on the way sociery functions. The gap between the rich and the poor is large, and ever widening. There no longer exsists a middle class who can keep the balance and rock the vote on Republican, rich favoring policies. Mr. Galbraith is an excellent economist who writes technically on a topic of intrest to everyone.
Book Description
This digital document is an article from Journal of Economic Issues, published by Association for Evolutionary Economics on December 1, 1999. The length of the article is 1228 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: CREATED UNEQUAL: THE CRISIS IN AMERICAN PAY.(Review) (book review)
Author: Malcolm Liggett
Publication:
Journal of Economic Issues (Refereed)
Date: December 1, 1999
Publisher: Association for Evolutionary Economics
Volume: 33
Issue: 4
Page: 1031
Article Type: Book Review
Distributed by Thomson Gale
Book Description
The Princeton Review gives you an insider’s perspective on the nation’s top law schools. In this informative guide, we provide rankings based on student surveys (just like those made popular by our top-selling Best 361 Colleges guide!), as well as student quotations about classes, professors, social scenes, and more. Plus, we cover the ins and outs of admissions and financial aid.
This invaluable guide also includes an index of all the school featured with the most pertinent facts on each. And we’ve topped it all of with our “School Says” section—in which participating schools can talk back by providing their own profiles. The Princeton Review gives students all of the information they need to find the perfect match in a law school.
Book Description
Gain a better understanding of the genetic and physiological bases of stress response and stress tolerance as part of crop improvement programs
Abiotic Stresses: Plant Resistance Through Breeding and Molecular Approaches explores innovative methods for breeding new varieties of major crops with resistance to environmental stresses that limit crop production worldwide. Experts provide you with basic principles and techniques of plant breeding as well as work done in relation to improving resistance in specific important world food crops. This book supplies extensive bibliographies at the end of each chapter, as well as tables and figures that illustrate the research findings.
Abiotic Stresses is divided into two sections. In the first section, you will find:
the general principles of breeding crops for stress resistance
genetic engineering and molecular biology procedures for crop improvement for stress environments
data on genome mapping and its implications for improving stress resistance in plants
information about breeding for resistance/tolerance to salinity, drought, flooding, metals, low nutrient availability, high/low temperatures
The second section of this timely resource focuses on the efforts of acknowledged specialists who concentrated their efforts on important individual crops, such as: wheat
barley
rice
maize
oilseed crops
cotton
tomato
This book fills a niche and interface in the available literature as it deals with all of the major stresses from a perspective of crop breeding, covering the latest advances in molecular breeding technology. Abiotic Stresses will help scientists and academics in botany, plant breeding, plant environmental stress studies, agriculture, and horticulture modify and improve breeding programs globally.
Average customer rating:
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Breeding for Resistance to Abiotic Stresses
Dhan Pal Singh
Manufacturer: Motilal Banarsidass,India
ProductGroup: Book
Binding: Hardcover
 General
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| Agricultural Sciences
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ASIN: 8185860823 |
Book Description
This book is a comprehensive look at dozens of options for financing a new or growing company. It discusses how to obtain financing through each route and the benefits of each method.
Customer Reviews:
Author's Comment/Note.......2002-05-24
FINANCING YOUR NEW or GROWING BUSINESS - How To Raise Capital for Your Venture
Most entrepreneurs think their venture is going to make them rich. But the reality of entrepreneurship, including the often difficult tasks involved in accessing capital, often dampens their dreams.
In our new book, Financing Your New or Growing Business: How to
Find and Raise Capital for Your Venture, we explore myriad ways for entrepreneurs to find and capture the green, from borrowing from or selling stock to friends and family to creative use of credit cards, factoring accounts receivable, and use of federal and state loans, grants, and tax incentives. We also thought it was important for business people and entrepreneurs to know some basics of negotiating deals and some of the scams as well.
This book is about venture funding in the real world, the world
beyond the snazzy offices of Sand Hill Road, the world where mom and dad and the guy who sells supplies on credit are the venture capitalists, the world most entrepreneurs really inhabit.
"For anyone trying to start or grow a business, this book cuts
through the complexities of new venture financing and delivers pragmatic, useful advice." Rudolph P. Lamone, Professor and Chairman, Board of Advisors, Dingman Center for Entrepreneurship, University of Maryland.
After the "dot bomb", the financial world for start-up and young businesses is different than the one entrepreneurs and business people have become accustomed to. Finding and getting the capital that businesses need is different as well. This book discusses 19 sources and provides a beghind-the scenes understanding of each, and tells the reader how to navigate through these financing approaches.
Average customer rating:
- The Bible of European Economic History Since 1945!
|
Western Europe: Economic and Social Change Since 1945
Manufacturer: Addison Wesley Publishing Company
ProductGroup: Book
Binding: Textbook Binding
Economic Conditions
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General
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ASIN: 0582291992 |
Customer Reviews:
The Bible of European Economic History Since 1945!.......2002-02-03
This book is used extensively by the Economic History Department at The London School of Economics. Of course, this should surprise no one who is familiar with the academics who contributed to this work. Many authors, including the esteemed editor, hold teaching positions at the school. But considering this is the best economic history department in the UK, and perhaps the world, this fact should serve as a useful endorsement for anyone interested in economic history.
Average customer rating:
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Exploring Ibm's Bold Internet Strategy
Jim Hoskins , and
Vincent Lupiano
Manufacturer: Maximum Press (FL)
ProductGroup: Book
Binding: Paperback
Strategy & Competition
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Multilevel
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Web Marketing
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| Oracle
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ASIN: 1885068166 |
Average customer rating:
- NOT very reality based...
- Nothing But "WOW"!!!!!!!!
|
Downsized but Not Defeated: The Family Guide to Living on Less
Hope Stanley Quinn , and
Lyn Miller-Lachman
Manufacturer: Andrews Mcmeel Pub
ProductGroup: Book
Binding: Paperback
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Budgeting & Money Management
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ASIN: 0836236599 |
Customer Reviews:
NOT very reality based..........2007-06-19
My husband has been laid off for over a year now (a victim of downsizing), so I picked this book up at the library in hopes of finding some helpful ideas. Well...a good number of the ideas just left me scratching my head and wondering what planet these ladies are from, because they offered things like :
1. Letting go of your housekeeper, and cleaning your house yourself.
2. Ditto, for lawn and yard help (our son said,"YEAH! FIRE me!!!")
3. Let country club and health club membership dues lapse, and join the Y instead. Well, my "health club" is the mall - I walk there for free, though I DID just put new inner tubes in my bike tires (for less than 11 bucks!)
In all fairness, they did have some good ideas, although even those fall into the common sense, life-as-usual, "everybody I know IRL lives this way anyway" category. (Borrowing movies from the library or friends and limiting rentals, instead of going to the show..., etc.)
If you're the type of person that has always been able to afford household help and belonged to country clubs (that's not me, or anybody that I know), then I guess you might find some useful advice here. Otherwise, stick to something like The Complete Tightwad Gazette instead.
Nothing But "WOW"!!!!!!!!.......1999-02-24
I was just amazed at how this book changed the way I looked at my financial life. I'm sure if it waan't for this book I would be on the streets panhandling. It helped that much, Thank You!!
Book Description
This Guide helps unemployed people deal with budgeting and financial problems that occur while unemployed. Such critical topics as 401(k) rollover options, how to delay credit card payments without hurting your credit rating, coping with insurance needs, how to avoid foreclosure on your home, and obtaining public assistance are covered. Our Guide, like all of our written materials, is written using short and focused sentences and chapters.
Average customer rating:
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Designing The Best Call Center For Your Business: Complete Guide For Location, Services, Staffing And Outsourcing (CMP Books)
Brenda B. Read
Manufacturer: TELECOM BOOKS
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Binding: Paperback
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The Call Center Handbook: The Complete Guide to Starting, Running, and Improving Your Call Center (Call Center Handbook)
ASIN: 1578200636 |
Book Description
"Designing the Best Call Center for your Business" examines all key aspects of opening and expanding a live agent call center, with in-depth coverage on facilities and workstation design, site selection, including communications and power backups, finding the right property and staff recruiting, training and retention. It covers domestic and international call centers and those that handle online as well as voice interactions. In addition, the book looks at technology-only, outsourcing and teleworking call center alternatives and call demand managing adjuncts.
The book also explores what functions and value call centers can offer businesses, including outbound and inbound sales and customer service and help desk. It examines and suggests how to cope with hot issues that could affect the center such as the CRM trend and growing customer hostility to outbound cold-calling and unsolicited e-mail.
Customer Reviews:
satisfactory book.......2001-03-29
This book describes the feasibility and the staffing issues well. The outsoucing concepts are also well defined and can act as good guidelines.
Book Description
Designing the Best Call Center for Your Business examines all key aspects of opening and expanding a live agent call center, with in-depth coverage on facilities and workstation design; site selection, including communications and power backups; f
This revised and expanded edition examines all key aspects of opening and expanding a live agent call center.
Customer Reviews:
THE UPHEAVEL IN THE CALL CENTER UNIVERSE.......2005-08-11
Call centers are a key part of our lives even if we have never set foot into one of them. Author Brendan B. Read has done an outstanding job of telling the reader how to design, plan and create call centers to supply those functions cost-effectively to satisfy both users and your organization..
Read begins this 2nd edition of the book by defining what call centers are. Next, the author takes a hard look at what functions call centers provide for you to determine which of them you need for your organization and how to justify their costs. Then, he discusses what type of planning takes place in the call center. From there, you can then begin to explore your strategies, The author will then leave you to look at alternatives for live agent handling, including self -service (IVR, outbound voice messaging or OVM, fax, automated email, or Web self-service); home agents; and, outsourcing. Read continues by presenting specific characteristics and issues entailed in serving Spanish-speaking Americans that affect call center planning, operations, and costs. In addition, the author describes several characteristics of serving foreign markets with call centers that you must take into account. He then provides you with a set of requirements for buying property for your call center. Read next suggests that if you maximize your investment, you also need to keep your call center clean, functioning properly, and protected. Also, according to Read, "your attention should be focused on selecting the right agents; as well as, training strategies." The author then continues to discuss training strategies and how to retain agents. Next, he touches on the key issues that affect your call center's performance and how to maximize your returns. Finally, he finishes up by recommending a great call center resources guide.
With the preceding in mind, the author has done an excellent job of exploring most of the facets of call centers. That's why he focused on call center creation.
Not for the real estate professional.......2005-07-20
This book is good, and at times entertaining (something you don't expect in a technolgy book), but if you are looking for specific guides and standards that corporate real estate professionals need in developing their strategies, then this is not the resource for you. It may help you develop you thought process about what you need to consider in establishing a call center, but it falls short in the development of strategy.
don't buy it : worth nothing.......2005-03-24
i bought the book thinking it would be THE book.
only one advise that i could give regarding the book : DO NOT buy it !! worth nothing.
Average customer rating:
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Independent and Accountable: A New Mandate for the Bank of England
Centre for Economic Policy Research (Great Britain)
Manufacturer: Centre for Economic Policy Research
ProductGroup: Book
Binding: Paperback
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ASIN: 1898128022 |
Book Description
This yearbook contains basic information on export-import, investment and business opportunities in the respected country. Provides information on government structure, economy, business climate, regulations, and more... Includes basic statistics, information on the most important business contacts and business travel. Updated annually.
Book Description
This yearbook contains information on investment business opportunities, international economic projects, tenders, government projects, marketing and export-import opportunities information.
Books:
- Democratic Capitalism: The Way to a World of Peace and Plenty
- Did Slavery Pay? Readings in the Economics of Black Slavery in the United States.
- Digital Economy: : Impacts, Influences and Challenges
- Direct Access Futures: A Complete Guide to Trading Electronically
- Econometrics in Theory and Practice: Festschrift for Hans Schneeweiss
- Economic and Financial Analysis for Engineering and Project Management
- Economic Sociology: State, Market, and Society in Modern Capitalism
- Elements of Pure Economics or the Theory of Social Wealth
- Elite Perceptions of Poverty and Inequality (International Studies in Poverty Research)
- Essays on Philosophical Subjects (Glasgow Edition of the Works and Correspondence of Adam Smit)
Books Index
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