Propriety And Prosperity

This book is a collection of specially commissioned chapters from philosophers, economists, and political scientists, focusing on Adam Smith's two main works Theory of Moral Sentiments and Wealth of Nations with a view to bringing Smith to a mainstream philosophy audience while simultaneously informing Smith's traditional constituency.

Drawing on the thoughts of various philosophers, political thinkers, economists, and lawyers, Terry Anderson and Laura Huggins present a blueprint for the nonexpert-expert on how societies can encourage or discourage freedom and prosperity through their property rights institutions. This Hoover Classic edition of Property Rightsdetails step-by-step what property rights are, what they do, how they evolve, how they can be protected, and how they promote freedom and prosperity.

In a sweeping history that is destined to become a classic, the Washington correspondent of "The American Spectator" looks at an individual's right to own private property.

This book is about property, informality and institutions relevant to both the developed and the developing world. The author introduces a new analytical tool, Reality Check Analysis, based on theory and practice, and offers a solution to the long-standing problem of informality and to the systematic frustration with the issue.

What is business for? Day one of a business course will tell you: it is to maximise shareholder profit. This single idea pervades all our thinking and teaching about business around the world but it is fundamentally wrong, Colin Mayer argues. It has had disastrous and damaging consequences for our economies, environment, politics, and societies. In this urgent call for reform, Prosperity challenges the fundamentals of business thinking. It sets out a comprehensive new agenda for establishing the corporation as a unique and powerful force for promoting economic and social wellbeing in its fullest sense - for customers and communities, today and in the future. First Professor and former Dean of the Säid Business School in Oxford, Mayer is a leading figure in the global discussion about the purpose and role of the corporation. In Prosperity, he presents a radical and carefully considered prescription for corporations, their ownership, governance, finance, and regulation. Drawing together insights from business, law, economics, science, philosophy, and history, he shows how the corporation can realize its full potential to contribute to economic and social wellbeing of the many, not just the few. Prosperity tells us not only how to create and run successful businesses but also how policy can get us there and fix our broken system.

Since the financial crisis, amid outrage at the likes of Citigroup and JPMorganChase and Washington's rejiggering of the financial system, the banking industry has had one major defender: Richard X. Bove. Now he explains why big banks are the nation's lifeline to success, and why financial disaster will ensue if we make it impossible for them to fill their role in the economy. Bove argues that big banks are necessary to ensure America's position in global finance; to assist corporations in achieving their goals against foreign competition; and, most importantly, to defend the average household's access to financial services.

Congressman Ron Paul has served as a strong advocate for a free market economy throughout thirty years of service in public office. This book, a collection of three decades' worth of his greatest speeches and debates, provides a comprehensive account of his economic philosophy. Within these pages, Congressman Paul argues for commodity-backed currency, stronger private property protections, free trade, and a reduced role for government in guiding the economy. His most prominent debates with Chairman of the Federal Reserve Alan Greenspan are documented here in detail, as well as his impassioned stand against sanctions as a way to punish foreign countries. This collection provides a comprehensive account of Congressman Paul's philosophy on free trade, welfare programs, the effect of war on the economy, and foreign policy-demonstrating his vast economic expertise and historical perspective, and providing a compelling read for students of history, economics, and politics.

From the Introduction: We realize that your time is valuable. Most of you do not want to spend a lot of time learning new terms, memorizing formulas, or mastering details that are important only to professional economists. What you want are the insights of economics that really matter - those that will help you make better personal choices and enhance your understanding of our complex world. And you want those insights to be presented in a concise, organized and readable manner, with a minimum of economics jargon. This short book attempts to meet both of these objectives.

Since the financial crisis of 2008, many of us have had to reexamine our beliefs about markets and globalization. How integrated should economies really be? How much regulation is right? Many people fuse these two dimensions of choice into one, either favoring both globalization and deregulation—or opposing both of them. It doesn’t have to be that way. In World 3.0, award-winning author and economist Pankaj Ghemawat reveals the folly in both of these responses. He calls for a third worldview—one in which both regulation and cross-border integration coexist and complement one another. Ghemawat starts by exposing common assumptions about globalization to hard data, proving that the world is not nearly as globalized as we think. And he explains why the potential gains from further integration are much larger than even pro globalizers tend to believe. He then tackles market failures and fears—job losses, environmental degradation, macroeconomic volatility, and trade and capital imbalances—that opponents of globalization often invoke. Drawing on compelling data, he shows that increased globalization can actually alleviate some of these problems. Finally, Ghemawat describes how a wide range of players—businesses, policy makers, citizens, media—can help open up flows of ideas, people, and goods across borders, but in ways that maximize the benefits and minimize the potential side effects. World 3.0 dispels powerfully entrenched—but incorrect—assumptions about globalization. Provocative and bold, this new book explains how people around the world can secure their collective prosperity through new approaches to cross-border integration. Ghemawat’s thinking will surprise and move you—no matter where you stand on globalization.