Book Description
Business papers today are in a triumphant mood, buoyed by a conviction that the economic stagnation of the last quarter century has vanished in favor of a new age of robust growth. But if we are doing so well, many ask, why does it feel like we are working harder for less? Why, despite economic growth, does inequality between rich and poor keep rising? In this wide-ranging and provocative book, Thomas Palley pulls together many threads of "new liberal" economic thought to offer detailed answers to these pressing questions. And he proposes a new economic model--structural Keynesianism--that he argues would return America to sustainable, fairly shared prosperity. The key, he writes, is to abandon the myth of a natural competitive economy, which has justified unleashing capital and attacking unions. This has resulted in an economy dominated by business.
Palley's book, which began as a cover article for The Atlantic Monthly in 1996, challenges the economic orthodoxies of the political right and center, popularized by such economists as Milton Friedman and Paul Krugman. He marshals a powerful array of economic facts and arguments to show that the interests of working families have gradually been sacrificed to those of corporations. Expanding on traditional Keynesian economics, he argues that, although capitalism is the most productive system ever devised, it also tends to generate deep economic inequalities and encourage the pursuit of profit at the expense of all else. He challenges fatalists who say we can do nothing about this--that economic insecurity and stagnant wages are the inevitable results of irresistible globalization. Palley argues that capitalism comes in a range of forms and that government can and should shape it from a "mean street" system into a "main street" system through monetary, fiscal, trade, and regulatory policies that promote widespread prosperity.
Plenty of Nothing offers a compelling alternative to conventional economic wisdom. The book is clearly and powerfully written and will provoke debate among economists and the general public about the most stubborn problems in the American economy.
Customer Reviews:
AFL-CIO's View of the World.......2002-09-24
A staff economist at the AFL-CIO, Palley presents labor's views on current economic issues. His grand thesis is that globalization and the decline of US unions have shifted the balance of economic power in favor of capital and to the detriment of labor. The result has been declining wages, increased economic inequality, and soft aggregate demand -- all of which have led to lower economic growth. Palley writes about specific issues such as monetary policy, trade, and taxation.
On the plus side, Plenty of Nothing is clearly written. Palley is very good at demonstrating how free-market economics often masks a pro-corporation bias. At the same time, he doesn't engage with rival points of view or provide adequate empirical support for his thesis. For example, he claims ad nauseum that national income is being reallocated from labor to capital -- but his statistics don't prove this. Instead, they show that average wages have declined over the last few decades while average profits have increased -- but this doesn't entail that labor's overall share of national income has decreased.
Similarly, he pooh-poohs the argument that growing inequality is caused by a skills/jobs mismatch in the labor market. If the supply of low-skill labor and hig-skill labor is inelastic, and demand shifts from low-skill to high-skill labor, then a wage gap will open up. Palley belittles this analysis as the conventional wisdom -- but he doesn't show that it's wrong.
Palley also contends that the Federal Reserve deliberately keeps interest rates high in order to service the needs of Wall Street and to restrain wage increases. Anybody who knows the latest rates on T-bills can only laugh at this. A lot can change in only four years (Palley's book was published in 1998).
To sum up, Plenty of Nothing is worth reading -- but it is not for the unwary. It is not the last word on these issues, it doesn't fairly apprise readers of ongoing debates, and doesn't gives its opponents enough credit for intellectual honesty.
A great rebuttal to consensus economic thinking........1998-10-01
"Plenty of Nothing"
A consensus is stifling America. It stretches across the Republican Party and through to the Clinton Democrats. It is the rallying cry of business and the default perspective of the media. The consensus is over economic policy, and its tenets are free trade, tight credit and a slack labor market. Its conceit is saddled atop the current cyclical economic recovery which consists of low inflation, low unemployment and moderate economic growth. The consensus demands of any critic, "What's possibly wrong with that?" Palley has brought forth a powerful rebuttal. Briefly stated, he argues that economic activity, even self-interested private individually motivated competitive activity, occurs within a structure of laws and rules. Those structures affect the outcomes of the competition. The current structure has produced increased competition between working people and has failed to continue the mass prosperity of the 1945 to 1973 era. He writes, "The failure to recognize that widespread prosperity rests on appropriately designed market rules and regulations is the cancer that is killing the American dream." Palley then takes apart, both theoretically and empirically, the major policy issues that make the U.S. regulatory structure: tight fiscal policy, low inflation, free trade, collective bargaining, and international capital mobility. His theoretical model is what he calls "Structural Keynesianism." That framework focuses on the failures of "natural" capitalism and the policies of tight credit and fiscal austerity to properly manage demand so as to maintain full employment (i.e. very low unemployment). This in turn has led to falling or stagnant real wages for majority of working people, and a fantastic explosion of income for the super rich at the tip top. The solution is to correct the regulatory environment to balance the power between labor and management and then correct the policy governing demand so as to better set the stage for a tide of prosperity that truly raises all boats. It is an excellent book. It is well written and the ideas flow from the pages like a crisp breeze through the stagnant August haze of consensus.
Economics written clearly and lucidly!.......1998-09-29
This is a fantastic book. I took economics in college. It was a mix of graphs for laughs combined with a totally pro-business outlook. Unions were bad and workers were described as responsible for unemployment because of greedy wage demands. The idea that bargaining power might matter was completely absent. Thomas Palley has written an antidote to this. This is economics written clearly and lucidly. Best of all, I did not feel that I was being not told what to think, but rather I felt lead through the economy in a way that gave real understanding. For anyone who wants to understand how the economy and how globalization work and what their effects are, this is a must read. This may sound excessive, but this is the best economics book I have ever read. Compensation at last for the money I wasted on Econ 101.
This book will change the way you think about the economy........1998-04-28
Every now and then a book comes along that causes readers to change the way they think in important ways. This is such a book. The discipline of economics has become ever more narrow over the last three decades. Most economists can speak with great expertise about the minutia of obscure policy debates, but know nothing that is really relevant to the world. Given this trend, Palley's book is a breath of fresh air. It tackles the big subjects. He examines the accepted wisdom on such issues as the NAIRU, free trade, and inflation, and exposes its flaws. It points out inconsistencies that other economists either overlook or are willing to ignore.
This book presents a new way of viewing the economy. It builds on the work of Keynes and the best of the Post-Keynesian economists. It is well worth the reader's time.
An original presentation of a Keynesian view of the economy........1998-04-24
This book provides an insightful examination of the problems currently facing the U.S. and world economy. It documents the extent to which most workers and have families have seen deteriorations in their living standards over the last quarter century. It then analyzes the various causes of this decline. Some of the factors that feature prominently in the explanation are lower unionization rates, higher unemployment rates, and increased trade with developing nations. These, and other changes, have had the effect of weakening the bargaining position of workers and have allowed capital and higher income earners to enjoy a disproportionate share of the benefits of productivity growth.
Palley also critically examines some of the core tenets of modern economic debate and shows them to be ill founded. For example, he points out that the concern over a balanced budget has little economic rationale and may actually lead to slower economic growth. He shows that the fixation with low inflation also may be counter-productive, since it can keep unemployment at excessively high levels, and may even have worse consequences. He also shows that not everyone benefits from freer trade.
The book is well written and quite topical. It well be very useful reading for anyone wishing to stay on top of current economic debates.
Customer Reviews:
Great for beginning homesteaders.......1997-11-02
This book combines the humorous as well as the practicle side of homesteading. Janet Chadwick tells about the aspects of what it took for her and her family to be self sufficient in their daily lives. She covers the small homestead garden, raising of animals and even throws in some crafts and wine recipees. This book will tell the necessary equipment needed as well as what to raise and grow for a family who wishes to embark on the adventure of living off their homesteads instead of depending on the conveince of modern soceity. She covers some of the things that can go wrong, with sometime humorous results. I feel this book is a must for anyone wishing to supply their own living and to live well doing it.
Product Description
no specific date listed but probably 1930s
Book Description
This digital document is an article from Winnipeg Free Press, published by Thomson Gale on July 3, 2007. The length of the article is 949 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: $100 million is not 'nothing'; Manitoba Hydro provides plenty of financial help to Cross Lake.(Focus)
Author: Gale Reference Team
Publication:
Winnipeg Free Press (Magazine/Journal)
Date: July 3, 2007
Publisher: Thomson Gale
Page: A11
Distributed by Thomson Gale
Book Description
This digital document is an article from Theological Studies, published by Theological Studies, Inc. on June 1, 1999. The length of the article is 413 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: PLENTY OF NOTHING: THE DOWNSIZING OF THE AMERICAN DREAM AND THE CASE FOR STRUCTURAL KEYNESIANISM.(Review)(Brief Article)
Author: Richard C. Bayer
Publication:
Theological Studies (Refereed)
Date: June 1, 1999
Publisher: Theological Studies, Inc.
Volume: 60
Issue: 2
Page: 396
Article Type: Book Review, Brief Article
Distributed by Thomson Gale
Average customer rating:
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Challenging Professions: Historical and Contemporary Perspectives on Women's Professional Work
Manufacturer: University of Toronto Press
ProductGroup: Book
Binding: Paperback
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ASIN: 0802081436 |
Book Description
This digital document is an article from Relations Industrielles/Industrial Relations, published by Relations Industrielles on September 22, 2001. The length of the article is 1485 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: Challenging Professions: Historical and Contemporary Perspectives on Women's Professional Work. (Book Reviews).
Author: Pamela Sugiman
Publication:
Relations Industrielles/Industrial Relations (Refereed)
Date: September 22, 2001
Publisher: Relations Industrielles
Volume: 56
Issue: 4
Page: 809(3)
Article Type: Book Review
Distributed by Thomson Gale
Book Description
This digital document is an article from The Advocate, published by Vancouver Bar Association (Canada) on March 1, 2001. The length of the article is 1499 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: Challenging Professions: Historical and Contemporary Perspectives on Women's Professional Work.(Review) (book review)
Author: Sandra F. Sellens
Publication:
The Advocate (Magazine/Journal)
Date: March 1, 2001
Publisher: Vancouver Bar Association (Canada)
Volume: 59
Issue: 2
Page: 295
Article Type: Book Review
Distributed by Thomson Gale
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Comercio Electronico - Un Mercado En Expansion
Maria Luisa Sole Moro
Manufacturer: Esic
ProductGroup: Book
Binding: Paperback
General
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Spanish
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ASIN: 8473562534 |
Average customer rating:
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Financing Start-Ups 2002: How to Raise Money for Emerging Companies (Financing Start-Ups, 2002)
Robert Brown , and
Alan S. Gutterman
Manufacturer: Aspen Publishers
ProductGroup: Book
Binding: Hardcover
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ASIN: 0735525862 |
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Listening
Andrew D Wolvin , and
Carolyn Gwynn Coakley
Manufacturer: McGraw-Hill Humanities/Social Sciences/Languages
ProductGroup: Book
Binding: Paperback
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Similar Items:
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Listening in Everyday Life
-
Managing Conflict through Communication (3rd Edition)
-
Listening: Attitudes, Principles, and Skills (2nd Edition)
-
Dynamics of Intercultural Communication
-
Sociolinguistics: A Reader (Modern Linguistics)
ASIN: 0697246647 |
Book Description
Setting a high standard for the market, Listening, Fifth Edition draws on the latest research to help your students improve their listening knowledge, attitudes, and skills. Wolvin and Coakley, recognized leaders in the listening field, believe that improved listening leads to more successful communication in all aspects of listeners' personal, academic, and professional lives.
Customer Reviews:
Phenomenal.......1998-05-31
Regarded as a classic, exposing our relationship to language as analagous to Copernicus' discovery of planets orbiting the sun. We are as unaware of the sheer importance of communicative skills as goldfish are ignorant of the water in their bowls. Of course, I'm the author's son.
Book Description
Have you ever asked your students "Are you listening?" and felt uneasy that their response didn't distinguish listening from hearing? We expect children to spend fifty percent or more of their school day engaged in listening-comprehension activities, yet despite today's emphasis on skills-building in the language arts, most literacy curricula ignore the teaching of this crucial skill. Thanks to Listen Hear!, that's about to change.
Michael Opitz and Matthew Zbaracki recognize that teachers have their hands full with reading and writing standards; that's why they've designed Listen Hear! as a handy, friendly resource full of fresh teaching strategies that help you fold multidimensional listening comprehension instruction snugly into your existing reading and read-aloud lessons-without sacrificing room in your crowded curriculum.
Listen Hear! gives you everything you need to start teaching listening tomorrow:
- the research and rationale for teaching it
- reproducible forms
- charts that show you at a glance which skills each strategy enhances
- ists of contemporary children's literature to use in conjunction with the strategies
- and practical tips for assessment.
Thanks to Opitz and Zbaracki, you'll be at the forefront as listening comprehension takes its place in the language arts curriculum, confident that when you ask a student "Are you listening?" the answer will be a definitive "Yes."
Book Description
Effective College Learning combines the academic intellect of Longman and the high-quality, color design of Dorling Kindersley to present a study skills textbook founded on contemporary research in learning theory that will appeal to today’s generation of visual learners
.
Students are taught how and why they learn, and effective ways of maximizing their studying; text’s visually engaging design will to appeal to visual learners; the authors call upon experience beyond the classroom as a means of learning.
Learning research — how and why information is learned; Highly visual design .
Freshman Orientation, Study Skills
Book Description
This reader-friendly sixth edition of Composing with Confidence focuses on the writing of paragraphs and essays within the composing process. Readers are guided step by step through the process, but are provided with options in prewriting, discovery, outlining, and predicting. Each chapter in the unit on the rhetorical modes offers academic and professional model paragraphs and essays, along with a well-wrought paragraph assignment, an optional essay writing assignment, and at least five alternative assignments. A new chapter, Writing on the Job, offers instruction in and models of a job application letter, a risumi, and two memos. A repeated feature offers practice in summarizing, paraphrasing, quoting, and arranging material from outside sources. And two new features, Blueprints for Writing and Unit Summaries, offer quick visual summaries of the most important points of the chapter or unit. A full unit on sentence-level issues of grammar and mechanics offers instruction in only those skills that are needed to make writing clear and grammatically correct. Each chapter in the unit ends with two "Editing for Mastery" exercises. "Tips" boxes and "If Your First Language Is Not English" boxes also provide short, specific, and practical advice. The book retains its most popular feature: fast-paced, high-interest, continuous discourse materials that makes it fun to read and work with. For those interested in developing their writing skills at the paragraph to essay level.
Average customer rating:
- Speech
- FINALLY, Someone who can teach public speaking!
- VERY GOOD!
|
Public Speaking for College and Career with Free SpeechMate Student CD-ROM 1.0 and PowerWeb
Hamilton Gregory
Manufacturer: McGraw-Hill Humanities/Social Sciences/Languages
ProductGroup: Book
Binding: Paperback
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ASIN: 0072492945 |
Book Description
Prepare your students for public speaking with Hamilton Gregory’s Public Speaking for College and Career with free SpeechMate CD-ROM, sixth edition. With its wealth of student and work-oriented examples, this textbook teaches public speaking with a practical and accessible style.
Customer Reviews:
Speech .......2006-02-28
I trully enjoyed this book, even though I am not a fan of text books. It has helped me develop stronger speaking skills, and I am not very good at public speaking. It's not a how to book, its simply a guide which offers tips and ideas on how you should present various topics.
FINALLY, Someone who can teach public speaking!.......2002-02-02
As a college instructor of oral communication for ten years, I complained bitterly about the poor selection of books for beginning students--until now. This is the single best book of its kind on the market, bar none. In all my years, I've never had students brag on a book like this one: easy to read, well-organized, thoughtful, practical, visually attractive, and substantive. My best compliment is that I can teach three times the material in half the time just by using this text--and people understand it! I can't brag enough on the author's work. This is phenomenal. ANYONE who wants to master the basics of public speaking should read this cover to cover. The principles and techniques Mr. Gregory describes are effective, powerful, and described in a simple way. BRAVO! I'll recommend this to everyone.
VERY GOOD!.......2001-02-04
I'm a student at a local college here in Jersey City. I found this book very easy to read but doesn't defeat the purpose to inform. I really wish I can have him as my teacher.
THANKS HAMILTON!
Average customer rating:
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Tuning in: A Guide to Effective Listening (Motivational Series)
Robert Maidment
Manufacturer: Pelican Publishing Company
ProductGroup: Book
Binding: Paperback
Job Hunting & Careers
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ASIN: 0882894390 |
Book Description
In this insightful and thought-provoking book, one of America's foremost communication specialists teaches readers how to expand their listening skills.
Book Description
Title shows resumes and cover letters of people who wish to obtain jobs in the aviation and travel field. Also shown are resumes and cover letters used by real people to exit from the aviation and travel field into new careers in other industries. Readers will find resumes of commercial pilots, ground support equipment operators, airport managers, aircraft loading managers, travel agents, travel attendants, and many others.
Average customer rating:
- Great book for beginners to intermediate
|
Personal Finance for Dummies for Canadians, Second Edition
Eric Tyson , and
Tony Martin
Manufacturer: For Dummies
ProductGroup: Book
Binding: Paperback
General
| Popular Economics
| Business & Investing
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Budgeting & Money Management
| Personal Finance
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ASIN: 076455123X |
Book Description
Personal Finance For Dummies, by financial counselor and consumer advocate Eric Tyson, is your guide to money management success! This solid reference cuts through the jargon and provides you with sound advice, expert tips, and recommendations for how to quickly get your financial picture in order.
- Inside you'll discover how to:
- Assess your current financial situation
- Get out of debt - and stay out!
- Decrease your spending and create a budget you can live with
- Pinpoint your investment priorities
- Plan ahead for your retirement and slash your taxes
- Understand stocks, real estate, and other wealth-building investments
- Make wise financial decisions when faced with major life changes - like downsizing or retirement
- Improve your insurance coverage and reduce its cost
- Determine whether you need to hire financial help and how to find it
- Use your computer to manage your finances
Customer Reviews:
Great book for beginners to intermediate.......1999-12-16
This is a great book covering all aspects of personal finances: savings, mutual funds, stocks, real estate, retirement, rrsp's.... It is precise and to the point. All basic information is in this book. It is a great starting point for anyone starting their journey in personal finance and it is also a great reference for people who just want to know enough! I highly recommmend it.
Average customer rating:
|
Citibank: A Century in Asia
Peter Starr
Manufacturer: Editions Didier Millet
ProductGroup: Book
Binding: Hardcover
Company Profiles
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General
| Asia
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New York
| State & Local
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| Americas
| History
| Subjects
| Books
ASIN: 9814068292 |
Books:
- Political Crises, Social Conflict And Economic Development: The Political Economy of the Andean Region
- Production Networks in Asia and Europe: Skill Formation and Technology Transfer in the Automobile Industry (Sheffield Centre for Japanese Studies/Routledgecurzon)
- Profiting From Peace: Managing The Resource Dimension Of Civil War
- Prospects For A US-Taiwan Free Trade Agreement (Policy Analyses in International Economics)
- Public Pensions And Immigration: A Public Choice Approach
- Regulatory and Economic Challenges in the Postal and Delivery Sector (Topics in Regulatory Economics and Policy)
- Rural Capitalists in Asia: A Comparative Analysis on India, Indonesia and Malaysia (Nordic Institute of Asian Studies Monograph Series, No. 88)
- Russia's Diamond Colony: The Republic of Sakha
- Small Enterprise Development in South-East Europe: Policies for Sustainable Growth
- Spectres of Capitalism: A Critique of Current Intellectual Fashions
Books Index
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