A History of the Federal Reserve, Vol. 1: 1913-1951
Average customer rating: 4 out of 5 stars
  • Not for the layman
A History of the Federal Reserve, Vol. 1: 1913-1951
Allan H. Meltzer
Manufacturer: University Of Chicago Press
ProductGroup: Book
Binding: Hardcover

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ASIN: 0226519996

Book Description

Allan H. Meltzer's monumental history of the Federal Reserve System tells the story of one of America's most influential but least understood public institutions. This first volume covers the period from the Federal Reserve's founding in 1913 through the Treasury-Federal Reserve Accord of 1951, which marked the beginning of a larger and greatly changed institution.

To understand why the Federal Reserve acted as it did at key points in its history, Meltzer draws on meeting minutes, correspondence, and other internal documents (many made public only during the 1970s) to trace the reasoning behind its policy decisions. He explains, for instance, why the Federal Reserve remained passive throughout most of the economic decline that led to the Great Depression, and how the Board's actions helped to produce the deep recession of 1937 and 1938. He also highlights the impact on the institution of individuals such as Benjamin Strong, governor of the Federal Reserve Bank of New York in the 1920s, who played a key role in the adoption of a more active monetary policy by the Federal Reserve. Meltzer also examines the influence the Federal Reserve has had on international affairs, from attempts to build a new international financial system in the 1920s to the Bretton Woods Agreement of 1944 that established the International Monetary Fund and the World Bank, and the failure of the London Economic Conference of 1933.

Written by one of the world's leading economists, this magisterial biography of the Federal Reserve and the people who helped shape it will interest economists, central bankers, historians, political scientists, policymakers, and anyone seeking a deep understanding of the institution that controls America's purse strings.

"It was 'an unprecedented orgy of extravagance, a mania for speculation, overextended business in nearly all lines and in every section of the country.' An Alan Greenspan rumination about the irrational exuberance of the late 1990s? Try the 1920 annual report of the board of governors of the Federal Reserve. . . . To understand why the Fed acted as it did—at these critical moments and many others—would require years of study, poring over letters, the minutes of meetings and internal Fed documents. Such a task would naturally deter most scholars of economic history but not, thank goodness, Allan Meltzer."—Wall Street Journal

"A seminal work that anyone interested in the inner workings of the U. S. central bank should read. A work that scholars will mine for years to come."—John M. Berry, Washington Post

"An exceptionally clear story about why, as the ideas that actually informed policy evolved, things sometimes went well and sometimes went badly. . . . One can only hope that we do not have to wait too long for the second installment."—David Laidler, Journal of Economic Literature

"A thorough narrative history of a high order. Meltzer's analysis is persuasive and acute. His work will stand for a generation as the benchmark history of the world's most powerful economic institution. It is an impressive, even awe-inspiring achievement."—Sir Howard Davies, Times Higher Education Supplement

Customer Reviews:

4 out of 5 stars Not for the layman.......2003-12-12

This much heralded account of the Federal Reserve is justly lauded in academic circles because Meltzer brings forth many Fed documents which have long been buried away and unavailable to scholars. He is able to pursue step-by-step Fed actions and relate what happened in all those many meetings behind closed doors. Through the mass of information he has uncovered and his own in-depth knowledge of monetary policy and the Fed, he is able to bring new facts to light and correct previous interpretations that are more often than not those of Friedman and Schwartz's A Monetary History of the United States.

The weaknesses of Meltzer's book stem from his massive archive of information and the strength of his predecessors. The sheer volume of information he is trying to convey prompts the narrative to drift and the reader sometimes loses the point. And, as a good academic historian, he is engaged in a dialogue with other historians of the Fed and monetary policy that can push the layman to the sidelines. Meltzer's history assumes the reader has a rather advanced knowledge of economics and finance such as an understanding of the real bills doctrine and the operation of an international gold standard. Also, the charts and tables are often not very helpful in understanding the text or at least could have been presented in a better manner.

Overall, Meltzer does not produce any stunning revelations but a great many correctives to previous accounts and much added detail. The novice to the history of US monetary policy would do better to read Richard Timberlake's book (though taken with a grain of salt because of its conservative leanings) or the classic work by Milton Friedman and Anna Schwartz.
Heaven's Door: Immigration Policy and the American Economy
Average customer rating: 3 out of 5 stars
  • Good book
  • Biased Analysis
  • A cuban who doesn't like mexicans
  • Required reading for study of modern immigration debate.
Heaven's Door: Immigration Policy and the American Economy
George J. Borjas
Manufacturer: Princeton University Press
ProductGroup: Book
Binding: Paperback

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ASIN: 0691088969

Amazon.com

Many political activists will quickly label Heaven's Door, by Harvard economist George Borjas, a vicious attack on America's generous immigration policy. They will have a point: Borjas believes the current level and composition of immigration to the United States does not advance--and arguably harms--American economic and national interests. But they will also miss a very careful argument that neatly places Borjas between the extremes of open-borders advocates and full-scale restrictionists. Borjas, himself an immigrant from Cuba, would cut admissions by about one-third and radically redesign the way in which people gain entry, changing the present system from emphasizing family ties to favoring skills. He bases this reasoning on a series of observations, which he examines in great detail: immigrant earnings lag behind native earnings, there is a clear (and troubling) link between national origin and economic performance, immigration hurts the economic opportunities of poor Americans, and so on. Some readers will think Borjas accentuates the negative; in describing how immigrant skill levels have declined relative to natives, for instance, he downplays the fact that they have risen in an absolute sense. Yet this is an uncommonly clear-headed book on a subject that rouses fiery passions. A country that still considers itself a "nation of immigrants"--and wants to remain one--can't afford to ignore it. --John J. Miller

Book Description

The U.S. took in more than a million immigrants per year in the late 1990s, more than at any other time in history. For humanitarian and many other reasons, this may be good news. But as George Borjas shows in Heaven's Door, it's decidedly mixed news for the American economy--and positively bad news for the country's poorest citizens. Widely regarded as the country's leading immigration economist, Borjas presents the most comprehensive, accessible, and up-to-date account yet of the economic impact of recent immigration on America. He reveals that the benefits of immigration have been greatly exaggerated and that, if we allow immigration to continue unabated and unmodified, we are supporting an astonishing transfer of wealth from the poorest people in the country, who are disproportionately minorities, to the richest.

In the course of the book, Borjas carefully analyzes immigrants' skills, national origins, welfare use, economic mobility, and impact on the labor market, and he makes groundbreaking use of new data to trace current trends in ethnic segregation. He also evaluates the implications of the evidence for the type of immigration policy the that U.S. should pursue. Some of his findings are dramatic:

Despite estimates that range into hundreds of billions of dollars, net annual gains from immigration are only about $8 billion.

In dragging down wages, immigration currently shifts about $160 billion per year from workers to employers and users of immigrants' services.

Immigrants today are less skilled than their predecessors, more likely to re-quire public assistance, and far more likely to have children who remain in poor, segregated communities.

Borjas considers the moral arguments against restricting immigration and writes eloquently about his own past as an immigrant from Cuba. But he concludes that in the current economic climate--which is less conducive to mass immigration of unskilled labor than past eras--it would be fair and wise to return immigration to the levels of the 1970s (roughly 500,000 per year) and institute policies to favor more skilled immigrants.

Customer Reviews:

5 out of 5 stars Good book.......2007-04-03

This book has the pros and cons of immigration. In addition to a background history of the issue. I used as a reference.

1 out of 5 stars Biased Analysis.......2006-01-02

One of the most comprehensive books on the economic effects of immigration on the native population is "Heaven's Door" by Dr. George Borjas. Dr. Borjas has for decades been trying to prove the adverse effects of immigration on natives. Although his research has continued since 1999, "Heaven's Door" is his most recent major work.

Despite the author's obvious bias, the book should not be totally written off by either the pro-immigration or anti-immigration people. The book is filled with references to studies conducted on the subject. The author's reporting on the actual factual data is fantastic. Dr. Borjas claims that his intention is to present the facts and not make policy recommendations.

Both sides can and have spun the facts contained in this book to support their pre-drawn conclusions on the effects of immigration. And Dr. Borjas himself is included in this group. One study done of the Mariel boat lift failed to find any adverse effects on the wages of lower skilled workers in Miami. This was a surprise to most economists. Dr. Borjas wrote it off. His reason is that the wages of lower skilled workers in Miami fluctuated unexplainably at another time, and for some reason he feels this is sufficient to ignore the Mariel boat lift study. But nevertheless, the book does describe the study briefly. Despite his bias, the book contains relevant information.

But the book does NOT consider all the facts. First, the book fails to consider the effects of immigration on the immigrants themselves and on their countries. Second, in his policy recommendations, Dr. Borjas leaves out very relevant policies that could be implemented to alleviate the adverse effects of immigration [for example: policies to improve the productivity of the adversely affected native unskilled workers (merely graduating from high school can increase their earnings potential by 30%). Borjas ignores this in his policy recommendation].

At the end of the book, Dr. Borjas offers his recommendations for U.S. immigration policy. He recommends that the U.S. seek only its own interests and the interests of U.S. citizens. Thus, in his policy recommendations, Borjas ignores any effects, good or bad, that his policy recommendations have on the rest of the world. Borjas, who at the beginning of the book explains how important it is to be aware of all the facts, ignores this. Even then, his policy recommendations are pitiful.

He recommends that the U.S. limit immigration to only skilled persons and that no unskilled or lower skilled persons should be admitted. He proposes that 500,000 skilled immigrants be admitted annually. The ramifications would be that the wages of skilled workers would be reduced thereby reducing the disparity between the wages of the skilled and unskilled. He also openly admits that because of the reduced rate of return on education, that U.S. college enrollment would be expected to reduce by 15% and that those 15% would most likely be those that can least afford college. As mentioned before, he ignores the effects on the rest of the world: that third world countries would lose their most valuable citizens (i.e. brain drain).

So under Borjas's plan, we would import skilled workers and permit our own citizens to do the chump labor. This to me is pitiful. A better policy would be to permit unskilled labor to come here meanwhile allocating resources towards improving the productivity of our own citizens. Low skilled immigrants wash dishes, cut grass and hammer nails (and they're happy to do it; it's an improvement for them), meanwhile, U.S. citizens prepare tax returns, teach college courses, provide medical care and manage Fortune 500 companies. It's a win-win situation.

1 out of 5 stars A cuban who doesn't like mexicans.......2004-01-15

what else is new? This book is like most academic work these days: start with a conclusion, then find supporting arguments.

Borjas's $8-10 billion estimate does not take into account the present value of a higher expected GDP growth rate due to faster capital accumulation. Elementary college economics.

Welfare and assistance costs apply more to legal immigrants or 2nd generation immigrants (including cubans) than illegal ones. Last I heard you need a Social Security number to apply for govmnt assistance.

In any case I am a strong believer in free markets and I think the market should decide who comes here who doesn't.
Ethnicity, education etc are arbitrary criteria and they just reflect Borjas's psychology and prejudices.

What people really want is $$$ and jobs, we want here whomever is going to make everybody rich, create wealth, create jobs, pay taxes, help us kick China's arse and fight terrorists. We don't necessarily need more Harvard economic professors.

And we shouldn't care if those people come from Mexico or from Mars, I personally don't ...

5 out of 5 stars Required reading for study of modern immigration debate........2000-03-29

A very sound piece of economic work. Regardless of what you feel about Borjas's conclusions, you must acknowledge the value of his economic analysis. To truly have an understanding of the immigration debate, you must have read Borjas's work. His contributions to the field are immeasurable. While I do not always agree with him on the place of "ethnicity" in the realm of immigration policy making, I am more educated for even considering his proposal. In sum, I highly recommend this book to anyone interested in immigration issues--especially those interested in its economic impact.
The Unidad Popular and the Pinochet Dictatorship: A Political  Economy Analysis
Average customer rating: Not rated
    The Unidad Popular and the Pinochet Dictatorship: A Political Economy Analysis
    Patricio Meller
    Manufacturer: Palgrave Macmillan
    ProductGroup: Book
    Binding: Hardcover

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    ASIN: 0333800532

    Book Description

    The Unidad Popular and the Pinochet Dictatorship covers the current political conflict facing the Chilean government of this century. The analysis of the Allende government examines the macroeconomic policies and structural reforms and its results; the questioning of property rights constituted a key issue of conflict. The analysis of the Pinochet government starts with a review of Chilean democracy breakdown. Then it examines the success, failure, and final success of economic structural reforms. The book ends with a discussion of the legacies of both governments. In the historical Chilean memory of the century, human rights violations will occupy a special place.
    Government And Business: American Political Economy in Comparative Perspective
    Average customer rating: 5 out of 5 stars
    • Encompassing and insightful read
    Government And Business: American Political Economy in Comparative Perspective
    Richard Lehne
    Manufacturer: CQ Press
    ProductGroup: Book
    Binding: Paperback

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    ASIN: 1933116056

    Book Description

    What influence does business have on government? How much should government regulate and intervene with business? To evaluate the nexus of the two, Richard Lehne explores how government and business each rely on the effective performance of the other to meet their goals. Government depends on business to create jobs, generate revenue, promote innovation, and provide goods and services; business needs government to provide specific opportunities for firms and industries and to maintain conditions in which economic activity can flourish.

    Taking a decidedly comparative approach, Lehne evaluates the similarities and differences between the U.S. political economy and those of Great Britain, Germany, Japan, and the European Union. After providing rich historical context, he probes some of the most crucial dilemmas facing government and business today--including whether economic globalization threatens national sovereignty; the place of public opinion, unions, and other advocacy groups in government-business relations; and the best way to improve the international trade system.

    Important new coverage includes:


    For enhanced accessibility and interest, Lehne has added several features new to the second edition:

    Customer Reviews:

    5 out of 5 stars Encompassing and insightful read.......2002-01-08

    This book isn't for the average reader, since it deals with rather heavy-handed material. That being said, this text was part of a graduate-level course I took on government. While only a few chapters were required reading, I found myself reading the entire thing. Lehne's insights into the historical background of our modern government and policiy as well as his integration of government and economics overseas makes this book unique. After reading it, I have developed a much more profound sense of why our institutions exist, what they do, what they are intended to accomplish, as well as what shortcomings of any governmental system need to be addressed in order to address the increasing globalization of our world. At the very least, this book will make you rethink the role of politics in American society.
    Pocketbook Politics: Economic Citizenship in Twentieth-Century America (Politics and Society in Twentieth Century America)
    Average customer rating: Not rated
      Pocketbook Politics: Economic Citizenship in Twentieth-Century America (Politics and Society in Twentieth Century America)
      Meg Jacobs
      Manufacturer: Princeton University Press
      ProductGroup: Book
      Binding: Paperback

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      ASIN: 0691130418

      Book Description

      "How much does it cost?" We think of this question as one that preoccupies the nation's shoppers, not its statesmen. But, as Pocketbook Politics dramatically shows, the twentieth-century American polity in fact developed in response to that very consumer concern.

      In this groundbreaking study, Meg Jacobs demonstrates how pocketbook politics provided the engine for American political conflict throughout the twentieth century. From Woodrow Wilson to Franklin Roosevelt to Richard Nixon, national politics turned on public anger over the high cost of living.

      Beginning with the explosion of prices at the turn of the century, every strike, demonstration, and boycott was, in effect, a protest against rising prices and inadequate income. On one side, a reform coalition of ordinary Americans, mass retailers, and national politicians fought for laws and policies that promoted militant unionism, government price controls, and a Keynesian program of full employment. On the other, small businessmen fiercely resisted this low-price, high-wage agenda that threatened to bankrupt them.

      This book recaptures this dramatic struggle, beginning with the immigrant Jewish, Irish, and Italian women who flocked to Edward Filene's famous Boston bargain basement that opened in 1909 and ending with the Great Inflation of the 1970s.

      Pocketbook Politics offers a new interpretation of state power by integrating popular politics and elite policymaking. Unlike most social historians who focus exclusively on consumers at the grass-roots, Jacobs breaks new methodological ground by insisting on the centrality of national politics and the state in the nearly century-long fight to fulfill the American Dream of abundance.

      The Race to the Bottom: Why a Worldwide Worker Surplus and Uncontrolled Free Trade are Sinking American Living Standards
      Average customer rating: 4 out of 5 stars
      • Dated would like to see a new updated edition
      • Real free trade is based on comparative advantage,not absolute advantage and offsets
      • Kaleem needs and education!
      • Whats wrong with amazon
      • No better book for understanding the truth about "free trade
      The Race to the Bottom: Why a Worldwide Worker Surplus and Uncontrolled Free Trade are Sinking American Living Standards
      Alan Tonelson
      Manufacturer: Westview Press
      ProductGroup: Book
      Binding: Hardcover

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      ASIN: 0813368170

      Book Description

      A leading economic journalist explains why Washington's responses to globalization have created a global worker surplus that undermines both American workers and those in developing nations.

      As evidenced by the WTO riots in Seattle in December 1999, there is a volatile debate among Americans over how the new world economy affects our standards of living and our country's chances for future prosperity. With giant multinational companies based in the U.S. and other wealthy countries transferring ever more factories and labs to poorer countries, the fear is that slave-wage workers overseas are undermining the bargaining power of labor in the industrialized world.

      As evidenced by the WTO riots in Seattle in December 1999, there is a volatile debate among Americans over how the new world economy affects our standards of living and our country's chances for future prosperity. With giant multinational companies based in the U.S. and other wealthy countries transferring ever more factories and labs to poorer countries, the fear is that slave-wage workers overseas are undermining the bargaining power of labor in the industrialized world.

      In this book Alan Tonelson explains how a competition has emerged in which countries with the weakest workplace safety laws, the lowest taxes, and the toughest unionization laws win investment from American and European countries. Tonelson argues that this "race to the bottom" of labor standards has been the driving force behind the decline of American living standards for the past quarter century, and, as we have already begun to see, will cause even bigger problems for the worldwide economy as it continues.

      Tonelson analyzes how the entry of such population giants as China, India, and Brazil into the global market have added fuel to the eroding labor standards. He reveals how an ever larger share of the foreign competition faced by American laborers is hitting not just fields such as apparel and toys, but many of America's highest wage industries such as aerospace and software. And he describes how the reeducation and retraining programs that political leaders say is the remedy to the problem will do nothing to help most Americans cope with competition from the global workforce.

      A lively, provocative guide to the new global economy, The Race to the Bottom fills the gap of hard evidence in readable form in the globalization debate, providing the guidebook that American workers have been waiting for, and the indictment that our economic and policy establishments have been dreading.

      Customer Reviews:

      3 out of 5 stars Dated would like to see a new updated edition.......2007-01-02

      I'd like to see this book be updated so that it addresses current conditions, as it is now quite dated. Many of the premises have not come to pass, although some have. The global economy is booming, but how is the U.S. economy really doing considering the savings rate in the U.S. was below 0 last year and the trade deficit is so large? Unemployment in the U.S. is down, but what is the nature of the jobs workers in the U.S. are doing now, in comparison to the nature of those jobs when the book was first written? What predictions have come to pass and which ones have not come to pass?

      4 out of 5 stars Real free trade is based on comparative advantage,not absolute advantage and offsets.......2006-01-17

      Tonelson has done an excellent job of empirically demonstrating the irreparable harm being done to the American industrial manufacturing sector, resulting from the pseudo-free trade argument that currently masquerades by the name of globalization.The entire globalization argument rests on an appeal to absolute advantage(for example,American firms should locate their factories and production facilities where labor costs are the lowest).Free trade is based on comparative advantage,not absolute advantage.American firms are free to locate production facilities in foreign countries as long as the output produced from these facilities is used to supply the foreign market.The output can't be shipped back to the home market without violating the basic rules of comparative advantage.Any requirement by a foreign country that ,in order for American firms to locate production facilities in that country,the American firms must hand over or share their technological breakthroughs,inventions,patents,or innovations involves a direct violation of the theory of trade between counties based on the existing comparative advantages that exist in both countries industries.Unfortunately,Tonelson does not spell this out clearly,although his discussions on pp.97-98 demonstate that the correct definition of comparatve advantage has been replaced by one that has no connection to the meaning of the term as used by Adam Smith or David Ricardo.I have deducted one star for this omission.

      4 out of 5 stars Kaleem needs and education!.......2005-12-04

      Kaleem 9984....LOL....THIS dudes a hypocrit! First of all...a foreigner (who's probably an Indian programmer) is not a impartial reviewer. I am a programmer and work with numerous foreigners...BTW they are not as talented as rumor has it. They frequently lie on their resumes to get into positions and...as evidenced by the exporation of NUMEROUS PROGRAMMING jobs back to India...they are not loyal to this country or any corporation that hired them on the H1b visa (a political bill that was fronted by american corporations). This book however...is right on target.

      Kaleem should speak in terms of the substance of the book..and not of other reviewers who may differ from his opinion. I believe, as many americans, that we should no longer import items from other countries...we don't need them.

      3 out of 5 stars Whats wrong with amazon.......2005-11-11

      Whats wrong with Amazon how could they put review by this person - " John W. Runyan III "Too much time on my hands " in spotlight. It's clearly evident he is one of those people who have some small town mentality, come with a preconceived opinion which will never change and probably didnt read the book and wrote a review.

      By the way talking of indian programmers, I am a development manager and work with lots of them. They are helping our economy in many ways. I seen that most americans do not go to school, do not have strong mathematical background, do not have strong analytical skills, this is where the indians are useful. Most of them I see have their Master's degree and often have strong engineering backgrounds. If you are a programmer you would know how useful these skills can be. In my experience americans are generally good with the quality-assurance, management level or business side of work. Leave the hard-core intense programming to the foreigners, they seem to do it better.

      5 out of 5 stars No better book for understanding the truth about "free trade.......2004-08-05

      I have ready many books about globalization and its effects, but Alan Tonelson's "The Race to the Bottom: Why a Worldwide Worker Surplus and Uncontrolled Free Trade are Sinking American Living Standards" is the ONLY book to explain the truth behind globalization. If the US public understood just simple facts, like the difference between producer goods and consumer goods, it would be clear why the US has the most massive trade deficit in history; and the US public would demand that congress act to stop the fast track legislation given to the president. (This is being carried out now by Bush, but was negotiated under Clinton. In other words, both parties are complicit in the destruction of the US middle class.)

      As Tonelson says, "Current globalization policies have plunged the great majority of U.S. workers into a great worldwide race to the bottom, into a no-win scramble for work and livelihoods with hundreds of millions of their already impoverished counterparts across the globe. In addition, by sapping the earnings power of U.S. consumers, who are almost single-handedly propping up the world economy despite their sagging earnings, continuing this race could all too easily bring the global financial house of cards tumbling down."

      Tonelson doesn't merely make a statement like this, he proves it with expert economic analysis that he explains clearly to the lay public.

      Read this book and act on it, before the U.S. middle-class is further eroded.
      Contagious Capitalism: Globalization and the Politics of Labor in China
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        Contagious Capitalism: Globalization and the Politics of Labor in China
        Mary Elizabeth Gallagher
        Manufacturer: Princeton University Press
        ProductGroup: Book
        Binding: Hardcover

        Development & GrowthDevelopment & Growth | Economics | Business & Investing | Subjects | Books
        Economic ConditionsEconomic Conditions | Economics | Business & Investing | Subjects | Books
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        1. Selling China: Foreign Direct Investment During the Reform Era (Cambridge Modern China Series) Selling China: Foreign Direct Investment During the Reform Era (Cambridge Modern China Series)
        2. Rightful Resistance in Rural China (Cambridge Studies in Contentious Politics) Rightful Resistance in Rural China (Cambridge Studies in Contentious Politics)
        3. Internationalizing China: Domestic Interests and Global Linkages (Cornell Studies in Political Economy) Internationalizing China: Domestic Interests and Global Linkages (Cornell Studies in Political Economy)
        4. China's Trapped Transition: The Limits of Developmental Autocracy China's Trapped Transition: The Limits of Developmental Autocracy
        5. Remaking the Chinese Leviathan: Market Transition and the Politics of Governance in China Remaking the Chinese Leviathan: Market Transition and the Politics of Governance in China

        ASIN: 0691117616

        Book Description

        One of the core assumptions of recent American foreign policy is that China's post-1978 policy of "reform and openness" will lead to political liberalization. This book challenges that assumption and the general relationship between economic liberalization and democratization. Moreover, it analyzes the effect of foreign direct investment (FDI) liberalization on Chinese labor politics.

        Market reforms and increased integration with the global economy have brought about unprecedented economic growth and social change in China during the last quarter of a century. Contagious Capitalism contends that FDI liberalization played several roles in the process of China's reforms. First, it placed competitive pressure on the state sector to produce more efficiently, thus necessitating new labor practices. Second, it allowed difficult and politically sensitive labor reforms to be extended to other parts of the economy. Third, it caused a reformulation of one of the key ideological debates of reforming socialism: the relative importance of public industry. China's growing integration with the global economy through FDI led to a new focus of debate--away from the public vs. private industry dichotomy and toward a nationalist concern for the fate of Chinese industry.

        In comparing China with other Eastern European and Asian economies, two important considerations come into play, the book argues: China's pattern of ownership diversification and China's mode of integration into the global economy. This book relates these two factors to the success of economic change without political liberalization and addresses the way FDI liberalization has affected relations between workers and the ruling Communist Party. Its conclusion: reform and openness in this context resulted in a strengthened Chinese state, a weakened civil society (especially labor), and a delay in political liberalization.

        The New Politics of American Trade : Trade Labor and the Environment (Policy Analyses in International Economics)
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          The New Politics of American Trade : Trade Labor and the Environment (Policy Analyses in International Economics)
          I. M. Destler , Peter J. Balint , and Institute for International Economics (U. S.)
          Manufacturer: Institute for International Economics
          ProductGroup: Book
          Binding: Paperback

          Policy & Current EventsPolicy & Current Events | Popular Economics | Business & Investing | Subjects | Books
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          5. Abortion and the Politics of Motherhood (California Series on Social Choice & Political Economy) Abortion and the Politics of Motherhood (California Series on Social Choice & Political Economy)

          ASIN: 0881322695

          Book Description

          "The New Politics of American Trade: Trade, Labor and the Environment", supplement to "American Trade Politics" by I.M. Destler and Peter J. Balint, shows how trade advocates and labor and environmental skeptics differ significantly in both their substantive views and their political and organizational cultures. The authors demonstrate how this new challenge differs from that of traditional trade protectionism, likening it instead to the debate a century ago over whether and how to regulate American capitalism for social purposes. The analysis leads to a set of recommendations aimed at constructive compromise and a new political foundation for US trade policy leadership.

          The New Politics of American Trade: Trade, Labor, and the Environment ISBN 0881322695

          American Trade Politics, 3rd Edition ISBN: 0881322156

          American Trade Politics and New Politics of American Trade Supplement, ISBN 088132292X
          Inclusion in the American Dream: Assets, Poverty, and Public Policy
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            Inclusion in the American Dream: Assets, Poverty, and Public Policy

            Manufacturer: Oxford University Press, USA
            ProductGroup: Book
            Binding: Paperback

            TheoryTheory | Economics | Business & Investing | Subjects | Books
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            Social Services & WelfareSocial Services & Welfare | Poverty | Current Events | Nonfiction | Subjects | Books
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            3. Assets for the Poor: The Benefits of Spreading Asset Ownership Assets for the Poor: The Benefits of Spreading Asset Ownership
            4. The Hidden Welfare State The Hidden Welfare State
            5. What Government Can Do: Dealing With Poverty and Inequality (American Politics and Political Economy) What Government Can Do: Dealing With Poverty and Inequality (American Politics and Political Economy)

            ASIN: 0195168208

            Book Description

            Inclusion in the American Dream brings together leading scholars and policy experts on the topic of asset building, particularly as this relates to public policy. The typical American household accumulates most of its assets in home equity and retirement accounts, both of which are subsidized
            through the tax system. But the poor, for the most part, do not participate in these asset accumulation policies. The challenge is to expand the asset-based policy structure so that everyone is included.
            Government and the American Economy: A New History
            Average customer rating: Not rated
              Government and the American Economy: A New History
              Price V. Fishback
              Manufacturer: University Of Chicago Press
              ProductGroup: Book
              Binding: Paperback

              Economic HistoryEconomic History | Economics | Business & Investing | Subjects | Books
              GeneralGeneral | Popular Economics | Business & Investing | Subjects | Books
              GeneralGeneral | United States | Americas | History | Subjects | Books
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              2. The American Dream vs. The Gospel of Wealth: The Fight for a Productive Middle-Class Economy (The Future of American Democracy Series) The American Dream vs. The Gospel of Wealth: The Fight for a Productive Middle-Class Economy (The Future of American Democracy Series)
              3. Institutions and the Path to the Modern Economy: Lessons from Medieval Trade (Political Economy of Institutions and Decisions) Institutions and the Path to the Modern Economy: Lessons from Medieval Trade (Political Economy of Institutions and Decisions)
              4. History of the American Economy with Economic Applications History of the American Economy with Economic Applications
              5. The European Economy since 1945: Coordinated Capitalism and Beyond (Princeton Economic History of the Western World) The European Economy since 1945: Coordinated Capitalism and Beyond (Princeton Economic History of the Western World)

              ASIN: 0226251284

              Book Description

              The American economy has provided a level of well-being that has consistently ranked at or near the top of the international ladder. A key source of this success has been widespread participation in political and economic processes. In The Government and the American Economy, leading economic historians chronicle the significance of America’s open-access society and the roles played by government in its unrivaled success story.

              America’s democratic experiment, the authors show, allowed individuals and interest groups to shape the structure and policies of government, which, in turn, have fostered economic success and innovation by emphasizing private property rights, the rule of law, and protections of individual freedom. In response to new demands for infrastructure, America’s federal structure hastened development by promoting the primacy of states, cities, and national governments. More recently, the economic reach of American government expanded dramatically as the populace accepted stronger limits on its economic freedoms in exchange for the increased security provided by regulation, an expanded welfare state, and a stronger national defense.


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              3. Applied Econometric Time Series, 2nd Edition
              4. Applied Regression Analysis: A Second Course in Business and Economic Statistics (with CD-ROM and InfoTrac®) (Applied Regression Analysis: A Second Course in Business & Economic)
              5. At War's End: Building Peace after Civil Conflict
              6. Basic Blueprint Reading and Sketching (Delmar Learning Blueprint Reading)
              7. Bayesian Data Analysis, Second Edition (Texts in Statistical Science Series (Chapman and Hall))
              8. Because They Hate: A Survivor of Islamic Terror Warns America
              9. Black Is a Country: Race and the Unfinished Struggle for Democracy
              10. Bringing Out the Best in People

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