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Radical Markets
Revolutionary ideas on how to use markets to achieve fairness and prosperity for all Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking on its head. With a new foreword by Ethereum creator Vitalik Buterin and virtual reality pioneer Jaron Lanier as well as a new afterword by Eric Posner and Glen Weyl, this provocative book reveals bold new ways to organize markets for the good of everyone. It shows how the emancipatory force of genuinely open, free, and competitive markets can reawaken the dormant nineteenth-century spirit of liberal reform and lead to greater equality, prosperity, and cooperation. Only by radically expanding the scope of markets can we reduce inequality, restore robust economic growth, and resolve political conflicts. But to do that, we must replace our most sacred institutions with truly free and open competition—Radical Markets shows how.
Radical Markets
Revolutionary ideas on how to use markets to bring about fairness and prosperity for all Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking—and pretty much all conventional thinking about markets, both for and against—on its head. The book reveals bold new ways to organize markets for the good of everyone. It shows how the emancipatory force of genuinely open, free, and competitive markets can reawaken the dormant nineteenth-century spirit of liberal reform and lead to greater equality, prosperity, and cooperation. Eric Posner and Glen Weyl demonstrate why priv...
After the Flood
Includes papers presented at a conference held at the Columbia Business School in the spring of 2013 in honor of Josae Scheinkman's 65th birthday.
The Twilight of Human Rights Law
Nearly all countries have ratified nearly all the major human rights treaties, and all governments profess support for human rights, yet most countries flagrantly violate the human rights of their citizens. This book argues that the reason why is that there is a contradiction between the goal of enforcing human rights-which requires simple rules-and the realities of governance, which require flexibility and discretion.
Economic Analysis of the Digital Economy
There is a small and growing literature that explores the impact of digitization in a variety of contexts, but its economic consequences, surprisingly, remain poorly understood. This volume aims to set the agenda for research in the economics of digitization, with each chapter identifying a promising area of research. "Economics of Digitization "identifies urgent topics with research already underway that warrant further exploration from economists. In addition to the growing importance of digitization itself, digital technologies have some features that suggest that many well-studied economic models may not apply and, indeed, so many aspects of the digital economy throw normal economics in a loop. "Economics of Digitization" will be one of the first to focus on the economic implications of digitization and to bring together leading scholars in the economics of digitization to explore emerging research.
A Political Economy of Justice
"If we all agree that our current social-political moment is tenuous and unsustainable (and indeed, that may be the only thing we can agree on right now), then how do markets, governments, and people interact in this next era of capitalist societies? In A Political Economy of Justice, a team of luminary social scientists consider the strained state of our political economy in terms of where it can go from here. "We look squarely at how normative and positive questions about political economy interact with each other," the editors write. "From that beginning, we aspire to chart a way forward to a just economy." Across 14 essays that blister with relevance to our moment as a society and polity, A Political Economy of Justice sketches the boundaries of a new theory of justice: the measures of a just political economy; the role of firms; the roles of institutions and governments. The editors' introduction makes clear that these are no half-effort book chapters from busy luminaries; they are wholly original works born of a set of guiding principles and deeply, communally edited. The result, they hope, is something greater than what is typically achieved by an academic volume"--
Digital Contact Tracing for Pandemic Response
As nations race to hone contact-tracing efforts, the world's experts consider strategies for maximum transparency and impact. As public health professionals around the world work tirelessly to respond to the COVID-19 pandemic, it is clear that traditional methods of contact tracing need to be augmented in order to help address a public health crisis of unprecedented scope. Innovators worldwide are racing to develop and implement novel public-facing technology solutions, including digital contact tracing technology. These technological products may aid public health surveillance and containment strategies for this pandemic and become part of the larger toolbox for future infectious outbreak p...
Jewish Economies (Volume 2)
Nobel Laureate Simon Kuznets, famous as the founder of modern empirical economics, pioneered the quantitative study of the economic history of the Jews. Yet, until now, his most important work on the subject was unpublished. This second collection of previously unavailable material issued by Transaction brings to the public, for the first time, the most important economic work written on Jewish migration since that of Werner Sombart a century ago.This volume of Kuznets' work includes three main essays. The first, titled "Immigration and the Foreign Born," was Kuznets' first work on immigration and discusses the impact of the general foreign born on the U.S. Kuznets and his co-author, Ernest ...
How Antitrust Failed Workers
Antitrust laws are traditionally used to attack monopolies like Facebook and Google who are able to either charge high prices or degrade the quality of their services because customers cannot switch to competitors. Antitrust laws are also used to attack cartels of businesses, which fix prices. In recent years, it has become clear that firms with market power not only charge higher prices. They also suppress wages, injuring workers. In this book, Eric Posner describeshow workers can use antitrust law to counter employer market power and obtain higher wages as a result.
Eurotragedy
EuroTragedy is an incisive exploration of the tragedy of how the European push for integration was based on illusions and delusions pursued in the face of warnings that the pursuit of unity was based on weak foundations.
