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A timely exploration of intellectual dogmatism in politics, economics, religion, and literature—and what can be done to fight it Polarization may be pushing democracy to the breaking point. But few have explored the larger, interconnected forces that have set the stage for this crisis: namely, a rise in styles of thought, across a range of fields, that literary scholar Gary Saul Morson and economist Morton Schapiro call “fundamentalist.” In Minds Wide Shut, Morson and Schapiro examine how rigid adherence to ideological thinking has altered politics, economics, religion, and literature in ways that are mutually reinforcing and antithetical to the open-mindedness and readiness to comprom...
The New Economic Approach (NEA) has revolutionized economic disciplines by positing many social and political issues as endogenous variables, and makes rigorous and scientific analysis possible through a neo-classical framework. The NEA unravels familial behaviour, fertility, marriage, altruism, discrimination, dowry, love, crime and punishment and addiction. This new approach has been revolutionary in that it accommodates tools and theories that move beyond the neoclassical framework. The new political economy, pressure groups, rent-seeking and organ donation are but a few of the issues analysed with the aid of the public choice theory, new institutional economics and the principal-agent theorem. This volume shines a light on these topics and subjects them to critical analysis. It is a unique work, catering to academics, researchers and policymakers.
Asks whether personalised medicine is superior to 'one-size-fits-all' treatment. Does it elevate individual choice above the common good?
Adam Smith’s contribution to economics is well recognized, yet scholars have recently been exploring anew the multidisciplinary nature of his works. The Adam Smith Review is a rigorously refereed annual review that provides a unique forum for interdisciplinary debate on all aspects of Adam Smith’s works, his place in history, and the significance of his writings to the modern world. It is aimed at facilitating debate among scholars working across the humanities and social sciences, thus emulating the reach of the Enlightenment world which Smith helped to shape.
The all-volunteer force (AVF), created in conjunction with the end of the draft in 1973, has been the most significant development in modern American military history. Since its inception, the influence of the AVF has reached far beyond the US armed forces, affecting the very character of American civil-military relations. While its successes and challenges continue to be widely discussed and fervently debated, one thing is certain: the AVF is critical to both US national security and the fabric of American society. The insightful, cogent, and provocative essays contained in this timely volume represent a crucial first step in assessing the AVF after fifty years of service. Here, fifteen ren...
The highly engaging introduction to thinking like an economist, updated for a new generation of readers. When economists wrestle with any social issue—be it unemployment, inflation, healthcare, or crime and punishment—they do so impersonally. The big question for them is: what are the costs and benefits, or trade-offs, of the solutions to such matters? These trade-offs constitute the core of how economists see the world—and make the policies that govern it. Trade-Offs is an introduction to the economic approach of analyzing controversial policy issues. A useful introduction to the various factors that inform public opinion and policymaking, Trade-Offs is composed of case studies on topics drawn from across contemporary law and society. Intellectually stimulating yet accessible and entertaining, Trade-Offs will be appreciated by students of economics, public policy, health administration, political science, and law, as well as by anyone following current social policy debates.
Economics is often referred to as “the queen of social sciences.” This is because mainstream economics has been established as an elegant academic discipline by assuming mankind simply to be homo economicus— an image of human beings showing interest in only material fulfilment and acting solely in his interest. This book challenges this basic perception of human beings. By replacing it with a more realistic and multifaceted human motive as supported by research in various academic disciplines, the book tries to provide a novel and more plausible picture of human society. Specifically, the book takes in such human aspects as pursuing well-being, forming human networks, and the realisati...
How should a free society protect privacy? Dramatic changes in national security law and surveillance, as well as technological changes from social media to smart cities mean that our ideas about privacy and its protection are being challenged like never before. In this interdisciplinary book, Chris Berg explores what classical liberal approaches to privacy can bring to current debates about surveillance, encryption and new financial technologies. Ultimately, he argues that the principles of classical liberalism – the rule of law, individual rights, property and entrepreneurial evolution – can help extend as well as critique contemporary philosophical theories of privacy.
In Cents and Sensibility, an eminent literary critic and a leading economist make the case that the humanities—especially the study of literature—offer economists ways to make their models more realistic, their predictions more accurate, and their policies more effective and just. Arguing that Adam Smith’s heirs include Austen, Chekhov, and Tolstoy as much as Keynes and Friedman, Gary Saul Morson and Morton Schapiro trace the connection between Adam Smith’s great classic, The Wealth of Nations, and his less celebrated book on ethics, The Theory of Moral Sentiments. The authors contend that a few decades later, Jane Austen invented her groundbreaking method of novelistic narration in ...
The first part of the book narrates the story of a single mother from Georgetown in Guyana who made an appeal to help her son dying of kidney failure to obtain a kidney transplant which was not available in their country. They needed help to travel to India to get the transplant. The flyer appealing for help lands in the hands of a Guyanese-American, George Subraj, who is intrigued by this appeal. He seeks the help of Indian-born Transplant Surgeon, Dr. Rahul M. Jindal, who, in turn, organizes a medical team to perform the surgery. This is also a story of how Americans come together to save the life of a young man in Guyana, whose determined single mother refused to give up. In the second pa...