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| stiglitz and rosengard: Economics of the Public Sector Joseph E. Stiglitz, Jay K. Rosengard, 2015-02-19 Thoroughly revised and updated to reflect the public finance landscape of today. Economics of the Public Sector, Fourth Edition, focuses on the heavily changed, post-global recession world. This new, modern approach includes a discussion on global public goods in Chapter 5, which addresses the difficulty of coping with public health and security threats when they transcend government coping mechanisms, while Chapter 8 examines corporatization and the transition from government enterprise to private enterprise. An easily accessible book that teaches conceptual mastery instead of technical detail. Stiglitz and Rosengard write with the student in mind. Not only do they use accessible language, but also the graphs throughout the text are simple and easy to understand. Case studies and references to real-world programs and policies, such as Welfare Programs and the Redistribution of Income in Chapter 15, are found in the body of the text, ensuring that students are introduced to policy applications while they read. The text's international coverage reflects a global economy The authors introduce students to a global perspective by sharing their first-hand experiences working with foreign governments. |
| stiglitz and rosengard: Economics of the Public Sector Stiglitz, Joseph E, Rosengard, Jay K, 2015-02-25 What should be the role of government in society? How should it design its programmes? How should tax systems be designed to promote both efficiency and fairness? Nobel Laureate Joseph Stiglitz and new co-author Jay Rosengard bring an unparalleled level of expertise to address these key issues of public-sector economics. No other text is as modern, as accessible, or incorporates as much first-hand policy-advising experience by its authors as Stiglitz/Rosengard. |
| stiglitz and rosengard: Rewriting the Rules of the American Economy: An Agenda for Growth and Shared Prosperity Joseph E. Stiglitz, 2015-11-02 It’s time to rewrite the rules—to curb the runaway flow of wealth to the top one percent, to restore security and opportunity for the middle class, and to foster stronger growth rooted in broadly shared prosperity. Inequality is a choice. The United States bills itself as the land of opportunity, a place where anyone can achieve success and a better life through hard work and determination. But the facts tell a different story—the U.S. today lags behind most other developed nations in measures of inequality and economic mobility. For decades, wages have stagnated for the majority of workers while economic gains have disproportionately gone to the top one percent. Education, housing, and health care—essential ingredients for individual success—are growing ever more expensive. Deeply rooted structural discrimination continues to hold down women and people of color, and more than one-fifth of all American children now live in poverty. These trends are on track to become even worse in the future. Some economists claim that today’s bleak conditions are inevitable consequences of market outcomes, globalization, and technological progress. If we want greater equality, they argue, we have to sacrifice growth. This is simply not true. American inequality is the result of misguided structural rules that actually constrict economic growth. We have stripped away worker protections and family support systems, created a tax system that rewards short-term gains over long-term investment, offered a de facto public safety net to too-big-to-fail financial institutions, and chosen monetary and fiscal policies that promote wealth over full employment. |
| stiglitz and rosengard: People, Power, and Profits: Progressive Capitalism for an Age of Discontent Joseph E. Stiglitz, 2019-04-23 “Urgent work, by the foremost champion of ‘progressive capitalism.’ ” —The New Yorker An authoritative account of the dangers of unfettered markets and monied politics, People, Power, and Profits shows us an America in crisis. The American people, however, are far from powerless, and Joseph Stiglitz provides an alternative path forward through his vision of progressive capitalism, with a comprehensive set of political and economic changes. |
| stiglitz and rosengard: Freefall: America, Free Markets, and the Sinking of the World Economy Joseph E. Stiglitz, 2010-10-04 An incisive look at the global economic crisis, our flawed response, and the implications for the world’s future prosperity. The Great Recession, as it has come to be called, has impacted more people worldwide than any crisis since the Great Depression. Flawed government policy and unscrupulous personal and corporate behavior in the United States created the current financial meltdown, which was exported across the globe with devastating consequences. The crisis has sparked an essential debate about America’s economic missteps, the soundness of this country’s economy, and even the appropriate shape of a capitalist system. Few are more qualified to comment during this turbulent time than Joseph E. Stiglitz. Winner of the 2001 Nobel Prize in Economics, Stiglitz is “an insanely great economist, in ways you can’t really appreciate unless you’re deep into the field” (Paul Krugman, New York Times). In Freefall, Stiglitz traces the origins of the Great Recession, eschewing easy answers and demolishing the contention that America needs more billion-dollar bailouts and free passes to those “too big to fail,” while also outlining the alternatives and revealing that even now there are choices ahead that can make a difference. The system is broken, and we can only fix it by examining the underlying theories that have led us into this new “bubble capitalism.” Ranging across a host of topics that bear on the crisis, Stiglitz argues convincingly for a restoration of the balance between government and markets. America as a nation faces huge challenges—in health care, energy, the environment, education, and manufacturing—and Stiglitz penetratingly addresses each in light of the newly emerging global economic order. An ongoing war of ideas over the most effective type of capitalist system, as well as a rebalancing of global economic power, is shaping that order. The battle may finally give the lie to theories of a “rational” market or to the view that America’s global economic dominance is inevitable and unassailable. For anyone watching with indignation while a reckless Wall Street destroyed homes, educations, and jobs; while the government took half-steps hoping for a “just-enough” recovery; and while bankers fell all over themselves claiming not to have seen what was coming, then sought government bailouts while resisting regulation that would make future crises less likely, Freefall offers a clear accounting of why so many Americans feel disillusioned today and how we can realize a prosperous economy and a moral society for the future. |
| stiglitz and rosengard: Principles of Enterprise Law Ewan McGaughey, 2022-09-01 Major enterprises shape our lives in countless ways: big tech and 'surveillance media' that affect democratic debate, algorithms that influence online shopping, transport to work and home, energy and agriculture corporations that drive climate damage, and public services that provide our education, health, water, and housing. The twentieth century experienced swings between private and public ownership, between capitalism and socialism, without any settled, principled outcome, and without settling major questions of how enterprises should be financed, governed and the rights we have in them. This book's main question is 'are there principles of enterprise law', and, if they are missing, 'what principles of enterprise law should there be'? Principles of Enterprise Law gives a functional account of the 'general' enterprise laws of companies, investment, labour, competition and insolvency, before moving into specific enterprises, from universities to the military. It is an original guide to our economic constitution and human rights. |
| stiglitz and rosengard: The Great Divide Joseph E. Stiglitz, 2015-06-04 Why has inequality increased in the Western world - and what can we do about it? In The Great Divide, Joseph E. Stiglitz expands on the diagnosis he offered in his best-selling book The Price of Inequality and suggests ways to counter this growing problem. With his characteristic blend of clarity and passion, Stiglitz argues that inequality is a choice - the cumulative result of unjust policies and misguided priorities. In these essays, articles and reflections, Stiglitz fully exposes the inequality - from its dimensions and its causes to its consequences for the world - that is afflicting America and other Western countries in thrall to neoliberalism. From Reagan-era policies to the Great Recession and its long aftermath, Stiglitz delves into the processes and irresponsible policies - deregulation, tax cuts for the rich, the corruption of the political process - that are leaving many people further and further behind and turning the dream of a socially mobile society into an ever more unachievable myth. With formidable yet accessible economic insight, he urges us to embrace real solutions: increasing taxes on corporations and the wealthy; investing in education, science, and infrastructure; helping homeowners instead of banks; and, most importantly, doing more to restore the economy to full employment. Stiglitz's analysis reaches beyond America - the inequality leader of the developed world - to draw lessons from Scandinavia, Singapore, and Japan, and he argues against the tide of unnecessary, destructive austerity that is sweeping across Europe. Ultimately, Stiglitz believes our choice is not between growth and fairness; with the right policies, we can choose both. |
| stiglitz and rosengard: The Economics of the Welfare State N. A. Barr, 2020 The sixth edition of this successful textbook discusses elements of the welfare system, including cash benefits, the health service and education. The text argues that the welfare state does not exist just to help the underprivileged, but also offers efficiencies in areas where the private markets would be inefficient or would not exist at all. Suitable for both economics students and students on related disciplines, this book places the content within a theoretical framework, and uses learning features to engage students with the discussion. Each chapter is concluded with a summary of the key points and an appendix, which provides a non-technical summary for students with no previous exposure to economics. Worked examples from around the world facilitate the comparison of global welfare issues, while diagrams allow readers to visualize concepts. The author ends each chapter with 'questions for further discussion' which could be prepared to structure seminars or to independently test understanding, while an annotated list of further reading suggestions guides additional research. This book is accompanied by the following online resources. For students: - Web links - Further reading For lecturers: - PowerPoint slides |
| stiglitz and rosengard: Cost-Benefit Analysis Tevfik F. Nas, 2016-07-29 Cost-Benefit Analysis: Theory and Application provides the theoretical foundation for a general framework within which costs and benefits are identified and assessed from a societal perspective. With a thorough coverage of cost-benefit concepts and their underlying theory, the volume carries the reader through the steps of a typical evaluation process, including the identification, measurement, and comparison of costs and benefits, and project selection. Topics include alternative measures of welfare change, such as the concepts of consumer surplus and compensating and equivalent variation measures, shadow pricing, nonmarket valuation techniques of contingent valuation and discrete choice experiment, perspectives on what constitutes a theoretically acceptable discount rate, the social rate of time preference, income distribution, and much more. The book also focuses on real-world applications of cost-benefit analysis in two closely related areas—environment and health care—followed by an examination of the current state of the art in cost-benefit analysis as practiced by international agencies. |
| stiglitz and rosengard: Economics for Environmental Studies Alfred Endres, Volker Radke, 2018-06-08 This textbook provides a concise introduction to micro- and macroeconomics and demonstrates how economic tools and approaches can be used to analyze environmental issues. Written in an accessible style without compromising depth of the analysis, central issues in the public policy debate on environmental problems and environmental policy are discussed and analyzed from an economics perspective. The book is meant as an introductory (and in some parts intermediate) text for undergraduate students in environmental sciences without a background in economics. It also serves as a companion for economists interested in a presentation of the micro and macro foundations of environmental economics, in a nutshell. The second edition has been revised, updated and extended in may ways, for instance by adding a microeconomic section on environmental technical change, a discussion of the significance of technical change for a sustainable development and a considerably extended macroeconomic section on economic growth. |
| stiglitz and rosengard: Markets and the State Malcolm Abbott, 2018-01-31 This book illustrates essential microeconomic concepts and theories through the examination of related policy formulation in Australia since the 1980s. It provides a fresh approach to the subject of microeconomics from the perspective of both market and government failures. By looking at how Australia has transformed over the course of time, the book traces and tracks these changes and relates them to the broader microeconomic reforms. It also looks at the structure of Australian economic public policy formulation and process. The book uses standard microeconomic techniques to analyse the impact of these Australian policies and examines the role of government in the implementation of these policies, making it a very useful teaching vehicle for learning about microeconomics and microeconomic policies. |
| stiglitz and rosengard: Resilient Democratic Governance Girol Karacaoglu, 2024-02-08 Girol Karacaoglu proposes a comprehensive framework advocating for the harmonious integration of diversity and interconnectedness in social structures, emphasizing their pivotal role in building resilience and achieving sustainable wellbeing. |
| stiglitz and rosengard: The Impact of Electric Cars on Oil Demand and Greenhouse Gas Emissions in Key Markets Gómez Vilchez, Jonatan J., 2019-06-25 |
| stiglitz and rosengard: Trust, Organizations and the Digital Economy Joanna Paliszkiewicz, Kuanchin Chen, 2021-09-27 Trust is a pervasive catalyst of human and business relationships that has inspired interest in researchers and practitioners alike. It has been shown to enhance engagement, communication, organizational performance, and online activities. Despite its role to cultivate cooperation, knowledge-sharing, and innovation, trust through digital means or even trust in digital media has presented new opportunities and challenges in society. Examples include a wider and faster dissemination of trust-influencing messages, and richer options of digital cues that engage, disrupt, or even transform how trust is formulated. Despite that, trust helps people to live through risky and uncertain situations, and the many capabilities enabled on the digital platforms have made the formation and sustaining of trust very different compared to traditional means. Trust in today’s digital environment plays an important role and is intertwined with concepts including reliability, quality, and privacy. This book aims to bring together the theory and practice of trust in the new digital era and will present theoretical and practical foundations. Trust is not given; we must work to build it, but it is a very fragile and intangible asset once built. It is easy to destroy and challenging to rebuild. Researchers, academics, and students in the fields of management, responsibility, and business ethics will gain knowledge on trust and related concepts, learn about the theoretical underpinnings of trust and how it sustains itself through digital dissemination, and explore empirically validated practice regarding trust and its related concepts. |
| stiglitz and rosengard: Indonesia Post-Pandemic Outlook: Social Perspectives Muhammad Ammar Hidayahtulloh, Irawan Jati, Dadan Sumardani, 2022-08-31 COVID-19 has disrupted all aspects of human life. To mitigate the impact of Cthe pandemic, several efforts have been taken, including by Indonesian scholars abroad. This book entitled Indonesia Post-Pandemic Recovery Outlook: Social Perspectives explores social issues and topics related to the COVID-19 pandemic and discusses post-pandemic recovery efforts in Indonesia. Comprising of 15 chapters, this book is divided into three parts. The first part, Indonesia and COVID-19 recovery: an international political economy lens, focuses on Indonesia's role in responding to international issues and the global political economy during the pandemic and post-pandemic period. Second, Indonesia and COVID-19 recovery: socio-cultural perspectives, discusses the impact of the pandemic, government policies, and activism from marginalized and vulnerable social groups, including people in urban slum areas, women, migrant workers, persons with disabilities, and traditional arts workers. The last part, Indonesia and COVID-19 recovery: insight for future education, explores the future of education in post-pandemic Indonesia with all aspects that need to be considered, including access to technology, the importance of digital literacy, and innovation regarding methods and the potential of metaverse education in emergency situations. We hope that this book can be a valuable reference for stakeholders, policymakers, as well as society to recover from the pandemic crisis and find better solutions to benefit future generations. |
| stiglitz and rosengard: Spatial Planning in Ghana Ransford A. Acheampong, 2018-10-24 This book documents and analyses spatial planning in Ghana, providing a comprehensive and critical discussion of the evolving institutional and legal arrangements that have shaped and defined Ghana’s spatial planning system for more than seven decades; the contemporary policy instruments and mechanisms for articulating and implementing policies and proposals at multiple scales; and the formally established procedures for development management. It covers important themes in contemporary spatial planning discourse, including the evolving meaning, scope and purpose of spatial planning globally; the scales of spatial planning (i.e. national, regional, sub-regional and local); multi-level integration within spatial planning; public participation; the interface between urbanization, sustainable growth management and spatial planning; spatial planning and housing development; integrated spatial development and transportation planning; and spatial planning and the urban informal economy. Intended for undergraduate and graduate students, and academic researchers and practitioners/policy-makers in the multidisciplinary field of spatial planning, it appeals to readers seeking an international perspective on spatial planning systems and practices. |
| stiglitz and rosengard: Communication: Innovation & Quality Miguel Túñez-López, Valentín-Alejandro Martínez-Fernández, Xosé López-García, Xosé Rúas-Araújo, Francisco Campos-Freire, 2018-07-10 This book explores the disruptive changes in the media ecosystem caused by convergence and digitization, and analyses innovation processes in content production, distribution and commercialisation. It has been edited by Professors Miguel Túñez-López (Universidade de Santiago de Compostela, Spain), Valentín-Alejandro Martínez-Fernández (Universidade da Coruña, Spain), Xosé López-García (Universidade de Santiago de Compostela, Spain), Xosé Rúas-Araújo (Universidade de Vigo, Spain) and Francisco Campos-Freire (Universidade de Santiago de Compostela, Spain). The book includes contributions from European and American experts, who offer their views on the audiovisual sector, journalism and cyberjournalism, corporate and institutional communication, and education. It particularly highlights the role of new technologies, the Internet and social media, including the ethics and legal dimensions. With 30 contributions, grouped into diverse chapters, on information preferences and uses in journalism, as well as public audiovisual policies in the European Union, related to governance, funding, accountability, innovation, quality and public service, it provides a reliable media resource and presents lines of future development. |
| stiglitz and rosengard: Economic Analysis of Public Law Michael Rodi, 2022-12-02 This textbook analyses from an economic perspective the phenomena of public law, the constitution, the democratic and political process, federalism, NGOs, administration and state decisions. It also examines selected fields of administrative law, including finance and tax law, public economic law and environmental law. Although the book uses examples from different legal orders, it maintains a focus on continental European law, as it aims to advance the law and economics approach in Europe. |
| stiglitz and rosengard: Technology and the Future of Work Bent Greve, 2017-11-24 Changes in the labour market demand new solutions to mitigate the potentially dramatic wiping away of jobs, and this important book offers both analysis and suggestions for change. Bent Greve provides a systematic and vigorous assessment of the impact of new technology on the labour market and welfare states, including comprehensive analysis of the sharing and platform economies, new types of inequality and trends of changes in the labour market. |
| stiglitz and rosengard: Fundamentals of Public Budgeting and Finance Aman Khan, 2024-07-22 Budgeting is arguably the single most important function in government. Every year governments spend considerable sums on expenditure programs and activities, as well as time preparing and executing the budget. It is therefore crucial that anyone interested in a career in public administration has a fundamental grasp of these basics. This second edition textbook integrates theory and practice of public budgeting into a single volume. The first part introduces the background to budgeting, focusing especially on taxation, government expenditure and revenue. The second part focuses on budgeting basics, in particular operating and capital budget. The final part deals with budgeting tools, especially those related to capital rationing, budget forecasting, and analyzing government revenue and expenditure. Written in a concise and easy to understand manner, this book captures the multidimensional nature of public budgeting that both students and practitioners will find useful. This second edition has been fully revised and updated, as well as expanded to include new material and exercises. It will appeal to all those studying public administration, financial management and public budgeting. |
| stiglitz and rosengard: The Oxford Handbook of the Economy of Cameroon Célestin Monga, 2022 This Handbook provides a critical assessment of the history, patterns, and strategies of economic development in Cameroon, and outlines new approaches to economic enquiry for prosperity and social change. |
| stiglitz and rosengard: Making Megacities in Asia Du Huynh, 2019-10-19 This book analyses and compares the development paths of five major cities in East and Southeast Asia since the early 1960s, including Ho Chi Minh City, Jakarta, Manila, Seoul, and Shanghai. In examining these five cases through a carefully crafted conceptual framework, the author excavates an understanding of the dynamics that have enabled Seoul and Shanghai to become highly competitive as major engines of economic growth, while simultaneously accounting for why the other three cities have faced numerous problems in terms of meeting their development goals. Presenting both quantitative and qualitative data to trace the course of changes between 1960 and 2015, the case studies curate six possible explanations for the different cities’ developmental trajectories. The book considers the national development strategy matters to the development of cities and positions the share of budget revenue retained for cities’ expenditure as critical. The author demonstrates that consistently pursuing long-term strategies is important, and that public entrepreneurship with powerful supporting coalitions is vital. The book illustrates how master plans have played limited roles in the building of cities, and that fragmented governments are often at the root of the problems facing a city’s development. This book will be highly relevant to researchers in international and Asian urban development. |
| stiglitz and rosengard: YSEC Yearbook of Socio-Economic Constitutions 2024 Steffen Hindelang, Stefan Korte, Nils Schaks, 2025-06-21 The fifth volume of the Yearbook of Socio-Economic Constitutions (YSEC Yearbook) offers an in-depth exploration of socio-economic constitutionalism, a field gaining rapidly in importance as global economies shift. Established equilibria between economic freedoms and socio-political interests are under pressure. This volume addresses contemporary issues, illustrating the balances between constitutional principles, economic goals, and socio-political values. Bridging theory and practice, it begins with foundational theories, advances through national applications, and concludes with global challenges. At its core is the socio-economic constitution, with authors examining how different jurisdictions interpret and apply this concept. The initial chapters lay a theoretical foundation. The volume then explores national approaches (Belgium, France, Germany, South Africa, South Korea, Sweden, Switzerland and also the EU), showcasing how countries adapt socio-economic constitutional principles to their historical, cultural, and legal contexts. The volume explores then the interplay of different constitutional interests at EU and international level, e.g., the EU’s balancing act between sustainability and consumer welfare when it comes to competition law or foreign investment screening at the intersection of economic security and national sovereignty. By moving from theory to national models and global issues, this YSEC volume offers a comprehensive contemporary view of socio-economic constitutionalism. It illustrates how constitutions are evolving to address today’s challenges, blending economic, social, and environmental concerns within a constitutional framework. This work is essential for readers seeking to understand how socio-economic constitutional principles can bridge theory and practice in today’s world. |
| stiglitz and rosengard: Global Encyclopedia of Public Administration, Public Policy, and Governance Ali Farazmand, 2023-04-05 This global encyclopedic work serves as a comprehensive collection of global scholarship regarding the vast fields of public administration, public policy, governance, and management. Written and edited by leading international scholars and practitioners, this exhaustive resource covers all areas of the above fields and their numerous subfields of study. In keeping with the multidisciplinary spirit of these fields and subfields, the entries make use of various theoretical, empirical, analytical, practical, and methodological bases of knowledge. Expanded and updated, the second edition includes over a thousand of new entries representing the most current research in public administration, public policy, governance, nonprofit and nongovernmental organizations, and management covering such important sub-areas as: 1. organization theory, behavior, change and development; 2. administrative theory and practice; 3. Bureaucracy; 4. public budgeting and financial management; 5. public economy and public management 6. public personnel administration and labor-management relations; 7. crisis and emergency management; 8. institutional theory and public administration; 9. law and regulations; 10. ethics and accountability; 11. public governance and private governance; 12. Nonprofit management and nongovernmental organizations; 13. Social, health, and environmental policy areas; 14. pandemic and crisis management; 15. administrative and governance reforms; 16. comparative public administration and governance; 17. globalization and international issues; 18. performance management; 19. geographical areas of the world with country-focused entries like Japan, China, Latin America, Europe, Asia, Africa, the Middle East, Russia and Eastern Europe, North America; and 20. a lot more. Relevant to professionals, experts, scholars, general readers, researchers, policy makers and manger, and students worldwide, this work will serve as the most viable global reference source for those looking for an introduction and advance knowledge to the field. |
| stiglitz and rosengard: Conceptualising an Alternative Political Economy of Sustainability Arturo Hermann, 2025-06-26 Engagement with and between a plurality of progressive, non-neoclassical traditions is an important step in fostering a more capacious understanding of sustainability ― both as a concept and as a political objective. To that end, this book provides a far-reaching overview of the development of radical ecology and heterodox economics on the issues of sustainability, highlighting the presence of different but largely complementary perspectives and arguing that greater engagement between these schools of thought is required to help formulate viable alternatives to the prevailing neoliberal ideology. The chapters of this volume demonstrate, from various theoretical perspectives of radical ecology and heterodox economics (in particular, degrowth, ecosocialism, original institutional economics, theories of complex systems), the conceptual, ontological, epistemological and political economic limitations of existing mainstream accounts of sustainability, grounded, as they are, in neoclassical environmental economics. The international cast list of contributors argues in favour of heterodox theories to inform an alternative political economy of socially just sustainability by considering how these are grounded in a more realistic, holistic and critical economics. Each chapter in this section examines how the schools of thought under consideration articulate the political economic foundations of sustainability and, in turn, what these mean in-practice over how, in policy action, sustainability should be achieved. This volume is essential reading for anyone concerned with a viable alternative conception of sustainable economy, and in particular with readers from all strands of radical ecology and heterodox economics, policy makers, institutions and organisations dealing with the issues of sustainability. |
| stiglitz and rosengard: Proceedings of the 20th European Conference on Management, Leadership and Governance Mafalda Patuleia, 2024 |
| stiglitz and rosengard: An Economic Analysis of Public Law George Dellis, 2021-03-26 This original and insightful book considers the ways in which public law, which emphasises legality (the Demos), and economics, a science oriented towards the markets (the Agora), intertwine. Throughout, George Dellis argues that the concepts of legality and efficiency should not be perceived separately. |
| stiglitz and rosengard: Public Budgeting Systems Robert D. Lee, Ronald Johnson, Philip Joyce, 2008 A complete and balanced reference, Public Budgeting Systems, Eighth Edition surveys the current state of budgeting throughout all levels of the United States government. The text emphasizes methods by which financial decisions are reached within a system as well as ways in which different types of information are used in budgetary decision-making. It also stresses the use of program information, since, for decades, budget reforms have sought to introduce greater program considerations into financial decisions. This updated text includes more cases studies and practical information, figures and charts to make the information more accessible, as well as additional student problems. Using this text, students will gain a first-rate understanding of methods by which financial decisions are reached within a system, and how different types of information are used in budgetary decision-making. |
| stiglitz and rosengard: What's Luck Got to Do with It? Edward D. Kleinbard, 2021 The American dream of equal opportunity is in peril. America's economic inequality is shocking, poverty threatens to become a heritable condition, and our healthcare system is crumbling despite ever increasing costs. In this thought-provoking book, Edward D. Kleinbard demonstrates how the failure to acknowledge the force of brute luck in our material lives exacerbates these crises leading to warped policy choices that impede genuine equality of opportunity for many Americans. What's Luck Got to Do with It? combines insights from economics, philosophy, and social psychology to argue for government's proper role in addressing the inequity of brute luck. Kleinbard shows how well-designed public investment can blunt the worst effects of existential bad luck that private insurance cannot reach and mitigate inequality by sharing the costs across the entire risk pool, which is to say, all of us. The benefits, as Kleinbard shares in a wealth of data, are economic as well as social a more inclusive economy, higher national income, and greater life satisfaction for millions of Americans. Like it or not, our lives and opportunities are determined largely by luck. Kleinbard shows that while we can't undo every instance of misfortune, we can offer a path to not just a fairer America, but greater economic growth, more broadly shared. |
| stiglitz and rosengard: Local Movie Supply in the German Motion Picture Industry Florian Kumb, 2017-12-27 Florian Kumb provides a comprehensive review of the current state of the international literature on the motion picture industry and then applies a mix of appropriate quantitative and qualitative research methods in three empirical studies. He enters uncharted research territory examining the effects that major film characteristics cause in the post-theatrical exhibition, he identifies key factors that influence public film funding decisions, and then forecasts the future market development of a European film-financing network. The author shows that the characteristics of local movies, public film funding, and the local film financing network are major reasons for the low international competitiveness of Germany’s motion picture industry. |
| stiglitz and rosengard: The Positive and the Normative in Economic Thought Sina Badiei, Agnès Grivaux, 2022-06-15 The book responds to the need for greater clarity regarding the relationship between descriptive, evaluative and prescriptive approaches within positive and normative economics. It also analyses the entanglement between evaluative and prescriptive perspectives within several theoretical frameworks in normative economics such as social choice theory, the capability approach, behavioural welfare economics and various theories of justice. It provides a forum for discussion between various schools of economic thought and several theoretical frameworks on the relationship between the study of facts, norms and values, with particular emphasis on classical political economy, the Marxian school of economics, the Frankfurt School, the Austrian school, the Chicago school, rational choice theory, expected utility theory, behavioural economics, experimental economics, development economics, welfare economics, public economics, constitutional political economy, the capability approach and politico-economic theories of justice. Given the scope of questions treated in this book, it will be of interest to economists, historians of economic thought, political philosophers and philosophers of science, especially those interested in the philosophy and epistemology of economics. |
| stiglitz and rosengard: The Economics of Taxation, second edition Bernard Salanie, 2011-11-10 A concise and rigorous text that combines theory, empirical work, and policy discussion to present core issues in the economics of taxation. This concise introduction to the economic theories of taxation is intuitive yet rigorous, relating the theories both to existing tax systems and to key empirical studies. The Economics of Taxation offers a thorough discussion of the consequences of taxes on economic decisions and equilibrium outcomes, as well as useful insights into how policy makers should design taxes. It covers such issues of central policy importance as taxation of income from capital, environmental taxation, and tax credits for low-income families. This second edition has been significantly revised and updated. Changes include a substantially rewritten chapter on direct taxation; a discussion of recent research in the chapter on mixed taxation; the replacement of the chapter on capital taxation with a chapter on the “new dynamic public finance”; and considerations of environmental taxation in both theory and policy chapters. The book is aimed at graduate students or advanced undergraduates taking public finance classes as well as economists who want to learn more about the topic. It combines discussion of theory, empirical work, and policy objectives in compact form. Appendixes provide necessary background material on consumer and producer theory and the theory of optimal control. |
| stiglitz and rosengard: Taxation in Finance and Accounting Joaquim Miranda Sarmento, 2023-02-09 Taxation is becoming more and more relevant for firms and managers decisions, mainly due to the impacts of taxation on firms and projects performance, profitability and value. This book provides an introductory overview of taxation in the fields of finance and accounting. It covers several fundamental topics of taxation, such as income, corporate and value add tax, and tax planning and management, international taxation, EU tax harmonization and transfer prices. This book intends to provide the readers with an understanding of the main concepts and principles of these topics, regardless of specific country contexts in law. With this book, readers will be able to understand the fundamentals of taxation at a conceptual and practical level. By using theory and practical examples, readers will understand taxation at a broader level, without being concerned about country-specific issues. |
| stiglitz and rosengard: Public Goods and the Fourth Industrial Revolution Maria Płonka, 2022-06-14 The fourth industrial revolution, characterized by digitization, artificial intelligence and augmented reality, and megatrends such as globalization, urbanization, demographic changes, and the knowledge-based economy, will trigger a series of profound technological, economic, social and environmental changes that will permanently and irreversibly change the role of the state in meeting social needs. Industry 4.0 will also change the type, nature, and scope of public goods and how they are produced, financed, delivered, and consumed. This book redefines the current paradigm of public goods. It proposes a model of production and distribution of public goods that acknowledges the participation of entities from the public, private, and nonprofit sectors. The authors argue that these entities would participate in the production, financing, distribution, and consumption of such goods. From a theoretical point of view, such an inclusive approach involving the expansion of the classical state – market dichotomy with new entities, including citizens themselves, leads to a new conceptualization and approach towards public goods. The model assumes shared responsibility, subsidiarity, and paternalistic libertarianism, and it allows the state to create new entities of an educational or fiscal nature, while remaining the regulator of public services and distribution. Additionally, the book analyzes changes regarding the perception of public goods, in the era of the fourth industrial revolution, across selected sectors such as healthcare and pension systems, education, local public goods, and public utility services. The book is primarily addressed to researchers, scholars, and students across social and technical sciences, and it will also be a useful guide for central and local administration bodies responsible for public policy. Chapters 4, 5 and 6 of this book are available for free in PDF format as Open Access from the individual product page at www.routledge.com. They have been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license. |
| stiglitz and rosengard: A Sociological Approach to Commodification Marek Ziółkowski, Rafał Drozdowski, Mariusz Baranowski, 2024-06-25 This book analyses the processes of commodification and decommodification which have wrought changes in Polish society since 1945. Examining the case of Poland, this book also explores comparisons to other countries in the Eastern European region. It is the first book to capture long-term social change from the perspective of commodification and decommodification processes. This book will appeal to sociologists, economists, historians, anthropologists and political scientists, especially to students and scholars interested in theoretical economics and economic sociology as well as Central and Eastern Europe. |
| stiglitz and rosengard: Cultural Urban Heritage Mladen Obad Šćitaroci, Bojana Bojanić Obad Šćitaroci, Ana Mrđa, 2019-01-28 This book presents strategies and models for cultural heritage enhancement from a multidisciplinary perspective. It discusses identifying historical, current and possible future models for the revival and enhancement of cultural heritage, taking into consideration three factors – respect for the inherited, contemporary and sustainable future development. The goal of the research is to contribute to the enhancement of past cultural heritage renovation and enhancement methods, improve the methods of spatial protection of heritage and contribute to the development of the local community through the use of cultural, and in particular, architectural heritage. Cultural heritage is perceived primarily through conservation, but that comes with limitations. If heritage is perceived and experienced solely through conservation, it becomes a static object. It needs to be made an active subject, which implies life in heritage as well as new purposes and new life for abandoned heritage. Heritage can be considered as a resource that generates revenue for itself and for the sustainability of the local community. To achieve this, it should be developed in accordance with contemporary needs and technological achievements, but on scientifically based and professional criteria and on sustainable models. The research presented in this book is based on the approach of Heritage Urbanism in a combination of experiments (case studies) and theory. |
| stiglitz and rosengard: Health Taxes: Policy And Practice Jeremy A Lauer, Franco Sassi, Agnes Soucat, Angeli Vigo, Laragh Gollogly, 2023-01-17 Virtually all fiscal measures influence people's health, through their impacts on behaviour, consumption, income and wealth. A narrow subset of fiscal measures, however, can be more directly aimed at improving health by targeting behaviours and risks that are known to be strongly associated with health outcomes. The purpose of this book is to discuss the subject of these measures, which we define as 'health taxes'. The book aims to enumerate key health taxes of interest, explore their positive and negative effects, and how these effects are influenced by the design of these taxes and the context in which they are applied. We ask how and where they can be implemented. Critically, we build an argument throughout the book for why policymakers across government should care about health taxes. |
| stiglitz and rosengard: Making Health Systems Work in Low and Middle Income Countries Sameen Siddiqi, Awad Mataria, ʻAwaḍ Maṭarīyah, Katherine D. Rouleau, Meesha Iqbal, 2022-12-29 This internationally authored textbook demystifies the complexities that health systems pose in Low- and Middle-Income Countries. |
| stiglitz and rosengard: The Economics of Microfinance Beatriz Armendariz, Jonathan Morduch, 2007 An assessment of the microfinance revolution from an economics perspective that draws on lessons from academia and international practice to challenge conventional assumptions. |
| stiglitz and rosengard: State Corporate Control in Transition Piotr Kozarzewski, 2021-10-18 Since the global financial crisis of 2008-2009, there has been a growing interest among policy makers towards the more active role of the state in the enterprise sector. This book provides valuable insight into the changing role of state-owned enterprises in economic policy, a topic at the cross section of several interrelated, but usually independent research streams first of all transition research, varieties of capitalism literature, public choice approach and institutionalism studies. With the existing literature on state ownership concentrating on the developed economies and on selected emerging economies, this book fills an important gap in focusing on the post-communist transition countries. The Polish experience is looked at in a comparative perspective of selected transition countries, which deserve special attention as they had to cope with a radical change of their economic policies towards the enterprise sector. This book will be valuable reading for academics in economic policy, transition economics, and institutional economics, and policy makers and practitioners in EU bodies and emerging economies. |
Joseph Stiglitz - Wikipedia
Joseph Eugene Stiglitz (/ ˈ s t ɪ ɡ l ɪ t s /; born February 9, 1943) is an American New Keynesian economist, [2] a public policy analyst, political activist, and a …
Joseph E. Stiglitz - Columbia Business School
University Professor, teaching at the Columbia Business School, Graduate School of Arts and Sciences, Department of Economics, and the …
Joseph E. Stiglitz | Columbia SIPA
Oct 7, 2024 · America discussed the pope’s Jubilee 2025 appeal for debt relief with Joseph E. Stiglitz, a Nobel Prize winning economist and a …
Joseph E. Stiglitz | Columbia Center for Political Economy
Joseph E. Stiglitz is an American economist and a professor at Columbia University. He is also the co-chair of the High-Level Expert Group on the …
Joseph E. Stiglitz – Facts - NobelPrize.org
He was the chief economist of the World Bank 1997-2000. Joseph Stigliltz’s research concentrated on what could be done by ill-informed individuals …
Joseph Stiglitz - Wikipedia
Joseph Eugene Stiglitz (/ ˈ s t ɪ ɡ l ɪ t s /; born February 9, 1943) is an American New Keynesian economist, [2] a public policy analyst, political activist, and a professor at Columbia University. …
Joseph E. Stiglitz - Columbia Business School
University Professor, teaching at the Columbia Business School, Graduate School of Arts and Sciences, Department of Economics, and the School of International and Public Affairs. …
Joseph E. Stiglitz | Columbia SIPA
Oct 7, 2024 · America discussed the pope’s Jubilee 2025 appeal for debt relief with Joseph E. Stiglitz, a Nobel Prize winning economist and a professor at Columbia University.
Joseph E. Stiglitz | Columbia Center for Political Economy
Joseph E. Stiglitz is an American economist and a professor at Columbia University. He is also the co-chair of the High-Level Expert Group on the Measurement of Economic Performance …
Joseph E. Stiglitz – Facts - NobelPrize.org
He was the chief economist of the World Bank 1997-2000. Joseph Stigliltz’s research concentrated on what could be done by ill-informed individuals and operators to improve their …
Joseph Stiglitz: Education, Work, Legacy - Investopedia
Nov 2, 2023 · Joseph Stiglitz is an American New Keynesian economist. Known for his research on information asymmetry, risk aversion, and monopolistic competition, Stiglitz received the …
Joseph E. Stiglitz - Google Scholar
Liberalization, moral hazard in banking, and prudential regulation: Are capital requirements enough?
Joseph Stiglitz | The Center on Capitalism and Society
Joseph E. Stiglitz is an American economist and a University professor at Columbia University. He is also the co-chair of the High-Level Expert Group on the Measurement of Economic …
US economist Joseph Stiglitz: ‘With Trump, it is conceivable that …
6 days ago · Born in Gary, Indiana 82 years ago, Joseph Stiglitz walks briskly with the help of a cane through the lobby of a hotel near the CaixaForum cultural center in Madrid, where hours …
Joseph Stiglitz - Initiative for Policy Dialogue
Joseph E. Stiglitz is a professor of finance and business at Columbia University, and chair of the University’s Committee on Global Thought.
