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Winner of the 2010 Hayek Book Prize given by the Manhattan Institute "Money, Markets and Sovereignty is a surprisingly easy read, given the complicated issues covered. In it, Mr. Steil and Mr. Hinds consistently challenge today's statist nostrums."—Doug Bandow, The Washington Times In this keenly argued book, Benn Steil and Manuel Hinds offer the most powerful defense of economic liberalism since F. A. Hayek published The Road to Serfdom more than sixty years ago. The authors present a fascinating intellectual history of monetary nationalism from the ancient world to the present and explore why, in its modern incarnation, it represents the single greatest threat to globalization. Steil and...
In this elegantly written book, Jerome Kagan melds the history of the field of psychology during the past 50 years with the story of his own research efforts of the same period and an analysis of what he terms 'the currently rocky romance between psychology and biology'. As Kagan unwinds his own history, he reveals the seminal events that have shaped his career and discusses how his assumptions have changed. With full appreciation for the contributions to psychology of history, philosophy, literature and neuroscience, he approaches a wide range of fascinating topics, including: the abandonment of orthodox forms of behaviourism and psychoanalysis; the forces that inspired later-twentieth-cent...
In Defense of Liberal Democracy is a clarion call for today's divided time: a bold reaffirmation of the liberal democratic principles that have carried America through each crisis in its history--and can do so again. Merging expert historical, political, and economic analysis, In Defense of Liberal Democracy shows how our recent technological revolution--what high-profile economist Manuel Hinds calls the Connectivity Revolution--has led to a crisis of divisiveness. Assessing the angry rhetoric and polarization of current political and social discourse in the US, Hinds considers the dangers of seeking populist solutions to our current upheaval and shows how the traditions and institutions of liberal democracy restored prosperity, freedom, and social equity during the Industrial Revolution, the Great Depression, and other periods of political instability. Hinds examines our national past and present (up to and including the 2020 presidential election) to illustrate how current events can be as dramatic as any historical legacy in warning us of the danger of abandoning our democratic principles.
Hinds takes offers a fresh perspective on the social, political, and economic disturbances now affecting our world. This book looks at those disturbances not as separate problems, but rather as the coherent symptoms of a deep technological revolution that is changing the shape of society on the scale of the Industrial Revolution: the Connectivity Revolution, the basis of the New Economy. Analyzing the resistance to change that erupted violently in response to that last major economic upheaval, Hinds shows how Communism, Nazism, and fundamentalism owe their triumphs not to the prevalence of poverty or oppression but to the rigidity of societies threatened by profound social changes prompted by rapid technological progress. Demonstrating that their rigidity was caused by the same kind of state intervention in the economy that is now being proposed to stop globalization, he argues persuasively that only a horizontal, flexible society can smoothly manage change in such a way that the pain of transformation—and therefore, the risk of giving birth to new varieties of destructive regimes—is minimized.
For many years, political leaders and analysts have debated the impacts of China’s rise on the stability of the existing international system. International observers have also debated whether China would be a status quo power or a revisionist power, and whether China would observe the rules and regulations of international institutions and regimes. China Joins Global Governance: Cooperation and Contentions, edited by Mingjiang Li, provides an insightful contribution to our understanding of these issues through a specific angle: China’s role in global governance. The contributors to this volume address such questions as, how has China dealt with major global institutions and regimes? How...
Winner of the 2021 Duke University Juan Mendez Award Named one of The Progressive’s “Favorite Books of 2021” and one of the “Best of Books 2021” by Foreign Affairs The David and Goliath story of ordinary people in El Salvador who rallied together with international allies to prevent a global mining corporation from poisoning the country’s main water source At a time when countless communities are resisting powerful corporations—from Flint, Michigan, to the Standing Rock Reservation, to Didipio in the Philippines, to the Gualcarque River in Honduras—The Water Defenders tells the inspirational story of a community that took on an international mining corporation at seemingly in...
When East European communism collapsed in the revolutions of 1989, the newly liberated countries discarded socialism altogether. For the first time, most of Eastern Europe experienced free elections and a multitude of parties, mostly with liberal, conservative or nationalist connotations, made their entry into political life. A bewildered world is now trying to imagine the future course of events. Has capitalism won or is something different emerging? Has market socialism vanished for good? How can the transitionary period be managed and what effect will it have on the standard of living in Eastern Europe? In this book, ten distinguished experts explore this transition to a market economy in Eastern Europe. In part I the authors consider what remains of market socialism. Wlodzimierz Brus discusses the future roles of both planning and the market, Mario Nuti argues that market socialism never existed, whilst Gerhard Fink outlines how a normal market economy can be established.
Blaise Pascal has always been appreciated as a literary giant and a religious guide, but has received only grudging recognition as a philosopher: philosophers have mistaken Pascal’s harsh criticism of their discipline as a rejection of it. But according to Graeme Hunter, Pascal’s critics have simply failed to grasp his lean, but powerful conception of philosophy. This accessibly written book provides the first introduction to Pascal’s philosophy as an organic whole. Hunter argues that Pascal’s aim is not merely to humble philosophy, but to save it from a kind of failure to which it is prone. He lays out Pascal’s development of a more promising and fruitful path for philosophical inquiry, one that responded to the scientific, religious, and political upheaval of his time. Finally, Hunter illuminates Pascal’s significance for contemporary readers, allowing him to emerge as the rare philosopher who is spiritual, literary, and rigorous all at once – both a brilliant controversialist and a thinker of substance.
In 2004, the United States, five Central American countries, and the Dominican Republic signed the Central American Free Trade Agreement (CAFTA), signaling the region's commitment to a neoliberal economic model. For many, however, neoliberalism had lost its luster as the new century dawned, and resistance movements began to gather force. Contesting Trade in Central America is the first book-length study of the debate over CAFTA, tracing the agreement's drafting, its passage, and its aftermath across Central America. Rose J. Spalding draws on nearly two hundred interviews with representatives from government, business, civil society, and social movements to analyze the relationship between th...