In this timely study of the different approaches of America and Europe to the problems of domestic inequality and poverty, the authors describe just how different the two continents are in the level of State engagement in the redistribution of income. They discuss various possible economic explanations for the difference, including different levels of pre-tax income, openness, and social mobility; they survey politico-historical differences such as the varying physical size of nations, their electoral and legal systems, and the character of their political parties, as well as their...
In this timely study of the different approaches of America and Europe to the problems of domestic inequality and poverty, the authors describe just h...
Not-for-profit organizations play a critical role in the American economy. In health care, education, culture, and religion, we trust not-for-profit firms to serve the interests of their donors, customers, employees, and society at large. We know that such firms don't try to maximize profits, but what do they maximize? This book attempts to answer that question, assembling leading experts on the economics of the not-for-profit sector to examine the problems of the health care industry, art museums, universities, and even the medieval church. Contributors look at a number of different...
Not-for-profit organizations play a critical role in the American economy. In health care, education, culture, and religion, we trust not-for-profit f...
Not-for-profit organizations play a critical role in the American economy, but little attention is paid to the pressures and challenges that affect their governance. We know such firms don t try to maximize profits, but what do they maximize? The Governance of Not-for-Profit Organizations tackles that question head-on, assembling experts on the not-for-profit sector to examine the diverse and wide-ranging concerns of universities, art museums, health care providers and even the medieval church. Contributors look at a number of different aspects of not-for-profit operations,...
Not-for-profit organizations play a critical role in the American economy, but little attention is paid to the pressures and challenges that affect th...
Despite recent corporate scandals, the United States is among the world s least corrupt nations. But in the nineteenth century, the degree of fraud and corruption in America approached that of today s most corrupt developing nations, as municipal governments and robber barons alike found new ways to steal from taxpayers and swindle investors. In Corruption and Reform, contributors explore this shadowy period of United States history in search of better methods to fight corruption worldwide today. Contributors to this volume address the measurement and consequences of fraud and...
Despite recent corporate scandals, the United States is among the world s least corrupt nations. But in the nineteenth century, the degree of fraud an...
Despite the recent drop in house prices, housing remains unaffordable for many ordinary Americans. Particularly along the coasts, housing remains extremely expensive. In Rethinking Federal Housing Policy: How to Make Housing Plentiful and Affordable, Edward L. Glaeser and Joseph Gyourko explain why housing is so expensive in some areas and outline a plan for making it more affordable.
Despite the recent drop in house prices, housing remains unaffordable for many ordinary Americans. Particularly along the coasts, housing remains extr...
Fischer Black is known for his brilliance as well as his sometimes controversial opinions. Highly respected for his scholarly writings in finance, he now moves into different territory with this incisive, unconventional assessment of general equilibrium theory and what that theory reveals about business cycles, growth, and labor economics.The general equilibrium approach, Black asserts, can be used to explain most of the economy's behavior. It can explain business cycles and growth without using sticky prices, irrationality, economies of scale, or imperfect competition. It can explain the...
Fischer Black is known for his brilliance as well as his sometimes controversial opinions. Highly respected for his scholarly writings in finance, ...
When firms and people are located near each other in cities and in industrial clusters, they benefit in various ways, including by reducing the costs of exchanging goods and ideas. One might assume that these benefits would become less important as transportation and communication costs fall. Paradoxically, however, cities have become increasingly important, and even within cities industrial clusters remain vital. Agglomeration Economics brings together a group of essays that examine the reasons why economic activity continues to cluster together despite the falling costs of moving...
When firms and people are located near each other in cities and in industrial clusters, they benefit in various ways, including by reducing the costs ...
Conventional wisdom held that housing prices couldn t fall. But the spectacular boom and bust of the housing market during the first decade of the twenty-first century and millions of foreclosed homeowners have made it clear that housing is no different from any other asset in its ability to climb and crash. Housing and the Financial Crisis looks at what happened to prices and construction both during and after the housing boom in different parts of the American housing market, accounting for why certain areas experienced less volatility than others. It then examines the causes of...
Conventional wisdom held that housing prices couldn t fall. But the spectacular boom and bust of the housing market during the first decade of the twe...
