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This book looks 'behind the model' to show how formal models of the economy work - and why they sometimes fail.
A fresh interpretation of the contexts, meanings, and consequences of the revolutions of 1989, coupled with state of the art reassessment of the significance and consequences of the events associated with the demise of communist regimes. The book provides an analysis that takes into account the complexities of the Soviet bloc, the events? impact upon Europe, and their re-interpretation within a larger global context. Departs from static ways of analysis (events and their significance) bringing forth approaches that deal with both pre-1989 developments and the 1989 context itself, while extensively discussing the ways of resituating 1989 in the larger context of the 20th century and of its lessons for the 21st. Emphasizes the possibility for re-thinking and re-visiting the filters and means that scholars use to interpret such turning point. The editors perceive the present project as a challenge to existing readings on the complex set of issues and topics presupposed by a re-evaluation of 1989 as a symbol of the change and transition from authoritarianism to democracy.
The 'Precautionary Principle' has sparked the central controversy over European and U.S. risk regulation. The Reality of Precaution is the most comprehensive study to go beyond precaution as an abstract principle and test its reality in practice. This groundbreaking resource combines detailed case studies of a wide array of risks to health, safety, environment and security; a broad quantitative analysis; and cross-cutting chapters on politics, law, and perceptions. The authors rebut the rhetoric of conflicting European and American approaches to risk, and show that the reality has been the selective application of precaution to particular risks on both sides of the Atlantic, as well as a constructive exchange of policy ideas toward 'better regulation.' The book offers a new view of precaution, regulatory reform, comparative analysis, and transatlantic relations.
Examining why society should pool and spread the financial risk that individual families now bear. Over the past sixty years, businesses and government have increasingly off-loaded financial risk onto US households. The toll has pushed tens of millions of people to the financial breaking point, worsened social inequity, and jeopardized US democracy. In Sharing Risk, consumer advocate and scholar Patricia A. McCoy draws on the nation’s traditions of risk sharing to argue that society should lift up families by pooling and spreading the financial risks that they now must bear alone. Most policy discussions of financial stress on households look at the milestones of economic well-being in isolation: making ends meet, homeownership, quality health care, financing college, and a secure retirement. McCoy offers the first integrated examination of how risk sharing can enable families to realistically achieve all five goals without sacrificing one for another. She makes specific policy recommendations and shows how risk sharing, with its long and venerable history that includes Social Security and the Affordable Care Act, would provide economic well-being for all.
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What is the configuration of institutions and policies most conducive to human flourishing? The historical and comparative evidence from the world's rich democratic countries suggests that the answer is capitalism, a democratic political system, good elementary and secondary schooling, a big welfare state, employment-conducive public services, and moderate regulation of product and labor markets. This set of policies and institutions, which sociologist Lane Kenworthy calls social democratic capitalism, improves living standards for the least well-off, enhances economic security, and very likely boosts equality of opportunity. And it does so without sacrificing the many other things we want in a good society, from liberty to economic growth and much more. While the Nordic nations have been social democratic capitalism's chief practitioners, there is good reason to think other affluent countries, including the United States, will move in this direction in coming decades.
When the Supreme Court's majority ruling in NFIB v. Sebelius upheld the Patient Protection and Affordable Care Act (the PPACA, or Obamacare), it was clear that this major shift in American health care provision was here to stay. For better or worse, the PPACA is now both a target for, and a constraint on, the next wave of reformist ideas. Driven by curiosity about how the American health care regime will continue to evolve in the near and medium term, Dean Michael Schill and Professor Anup Malani of the University of Chicago Law School commissioned fourteen essays from leading scholars of law, economics, medicine, and public health that offer predictions for the most important issues and deb...
Leading scholars from across the social sciences present empirical evidence that the obstacle of regulatory capture is more surmountable than previously thought.
Summarizes estimates by Fed. regulatory agencies of the quantified and monetized benefits and costs of major Fed. Reg. (FR) from 1998-2008. Contents: Intro.; Chap. 1: The Benefits and Costs of FR: A. Est. of the Total Benefits and Costs of FR; B. Est. of the Benefits and Costs of This Year¿s Major Rules; C. The Impact of FR on State, Local, and Tribal Gov¿ts., Small Bus., Wages, and Econ. Growth; Chap. 2: Trends in Benefit and Cost Est.; Chap. 3: Recomm. for Reform; Chap. 4: Update on the Implementation of Info. Quality Initiatives; Part 2: Report on Agency Compliance with the Unfunded Mandates Reform Act: Intro.; Chap. 5: Review of Significant Regulatory Mandates: DoT, DHS, Dept. of Treasury, EPA, and Dept. of Commerce. Illus.
How can the United States craft a sustainable national security strategy in a world of shifting threats, sharp resource constraints, and a changing balance of power? This volume brings together research on this question from political science, history, and political economy, aiming to inform both future scholarship and strategic decision-making.