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A Capitalism For The People
'' A Capitalism for the People: Recapturing the Lost Genius of American Prosperity '' is a non-fiction book by the Italian writer and economist Luigi Zingales, who is known for serving as a Professor of Entrepreneurship and Finance at the University of Chicago's Booth School of Business. Zingales also authored the book '' Saving Capitalism from the Capitalists'', released in 2003. In ''A Capitalism for the People'', Zingales writes that he wants to rescue markets and competition from the twin forces that threaten them: over-regulation on the political left and, on the right, a pro-business (as opposed to pro-market) ideology. He sees the great threat to the U.S. economy as being crony capitalism, laying out what he sees as persuasive evidence, and makes suggestions on how to channel populist anger, reverse the movement toward a crony system, reduce the opportunities for rent seeking, and increase the opportunities for competition. He advocates reforms such as greater transparency ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luigi Zingales
Luigi Zingales (; born 8 February 1963 in Padua, Italy) is a finance professor at the University of Chicago Booth School of Business and the author of two widely-reviewed books. His book '' Saving Capitalism from the Capitalists'' (2003) is a study of "relationship capitalism". In '' A Capitalism for the People: Recapturing the Lost Genius of American Prosperity'' (2012), Zingales "suggests that channeling populist anger can reinvigorate the power of competition and reverse the movement toward a ' crony system'." Career Zingales received a bachelor's degree in economics from Bocconi University in Milan. In 1992 he earned a Ph.D. in Economics from the Massachusetts Institute of Technology with the completion of his thesis, titled ''The value of corporate control'', under the supervision of James M. Poterba and Oliver Hart. In the same year he joined the faculty of the University of Chicago Booth School of Business, where he is the Robert C. McCormack Distinguished Service Profess ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crony Capitalism
Crony capitalism, sometimes called cronyism, is an economic system in which businesses thrive not as a result of free enterprise, but rather as a return on money amassed through collusion between a business class and the political class. This is often achieved by the manipulation of relationships with state power by business interests rather than unfettered competition in obtaining permits, government grants, tax breaks, or other forms of state intervention over resources where business interests exercise undue influence over the state's deployment of public goods, for example, mining concessions for primary commodities or contracts for public works. Money is then made not merely by making a profit in the market, but through profiteering by rent seeking using this monopoly or oligopoly. Entrepreneurship and innovative practices which seek to reward risk are stifled since the value-added is little by crony businesses, as hardly anything of significant value is created by them, wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2012 In Literature
This article contains information about the literary events and publications of 2012. Events *January 1 – Copyright restrictions on James Joyce's major works are lifted on the first day of the year, 70 years having passed last year since his death. * January 20 – British novelist Salman Rushdie cancels an appearance at the Jaipur Literature Festival in India, and four other writers leave the city after reading excerpts from ''The Satanic Verses'', which is banned in the country. *February – James Joyce's children's story ''The Cats of Copenhagen'' is published for the first time by Ithys Press in Dublin. *March – The discovery is announced of a collection of fairy tales gathered by the historian Franz Xaver von Schönwerth and locked in a Regensburg archive for more than 150 years. *April – While attending the London Book Fair, the exiled Chinese writer Ma Jian uses red paint to smear a cross over his face and a copy of his banned book ''Beijing Coma'' and calls C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Occupy Movement
The Occupy movement was an international populist socio-political movement that expressed opposition to social and economic inequality and to the perceived lack of "real democracy" around the world. It aimed primarily to advance social and economic justice and different forms of democracy. The movement has had many different scopes, since local groups often had different focuses, but its prime concerns included how large corporations (and the global financial system) control the world in a way that disproportionately benefits a minority, undermines democracy and causes instability. The first Occupy protest to receive widespread attention, Occupy Wall Street in Zuccotti Park, Lower Manhattan, began on 17 September 2011. By 9 October, Occupy protests had taken place or were ongoing in over 951 cities across 82 countries, and in over 600 communities in the United States. Although the movement became most active in the United States, by October 2011 Occupy protests and occupation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tea Party Movement
The Tea Party movement was an American fiscally conservative political movement within the Republican Party that began in 2009. Members of the movement called for lower taxes and for a reduction of the national debt and federal budget deficit through decreased government spending. It urges the return of government as intended by some of the Founding Fathers. It also seeks to teach its view of the Constitution and other founding documents. Scholars have described its interpretation variously as originalist, popular, or a unique combination of the two. Reliance on the Constitution is selective and inconsistent. Adherents cite it, yet do so more as a cultural reference rather than out of commitment to the text, which they seek to alter. Two constitutional amendments have been targeted by some in the movement for full or partial repeal: the 16th that allows an income tax, and the 17th that requires popular election of senators. There has also been support for a proposed Repea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sacramento Bee
''The Sacramento Bee'' is a daily newspaper published in Sacramento, California, in the United States. Since its foundation in 1857, ''The Bee'' has become the largest newspaper in Sacramento, the fifth largest newspaper in California, and the 27th largest paper in the U.S. It is distributed in the upper Sacramento Valley, with a total circulation area that spans about : south to Stockton, California, north to the Oregon border, east to Reno, Nevada, and west to the San Francisco Bay Area.History of ''The Sacramento Bee'' from the newspaper's website ''The Bee'' is the flagship of the nationwide . Its "Scoopy Bee" mascot, created by |
Economy Of The United States
The United States is a highly developed mixed-market economy and has the world's largest nominal GDP and net wealth. It has the second-largest by purchasing power parity (PPP) behind China. It has the world's seventh-highest per capita GDP (nominal) and the eighth-highest per capita GDP (PPP) as of 2022. US share of Global economy is 15.78% in PPP terms in 2022. The United States has the most technologically powerful and innovative economy in the world. Its firms are at or near the forefront in technological advances, especially in artificial intelligence, computers, pharmaceuticals, and medical, aerospace, and military equipment. The U.S. dollar is the currency of record most used in international transactions and is the world's foremost reserve currency, backed by the nation’s massive economy, stable government, extensive natural resources, highly advanced military, its role as the reference standard for the petrodollar system, and its linked eurodollar and la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tyler Cowen
Tyler Cowen (; born January 21, 1962) is an American economist, columnist and blogger. He is a professor at George Mason University, where he holds the Holbert L. Harris chair in the economics department. He hosts the economics blog ''Marginal Revolution'', together with co-author Alex Tabarrok. Cowen and Tabarrok also maintain the website Marginal Revolution University, a venture in online education. Cowen writes the "Economic Scene" column for ''The New York Times'' and since July 2016 has been a regular opinion columnist at ''Bloomberg Opinion''. He also writes for such publications as ''The New Republic'', ''The Wall Street Journal'', ''Forbes'', ''Newsweek'' and the ''Wilson Quarterly''. He serves as general director of George Mason's Mercatus Center, a university research center that focuses on the market economy. Since 2015, he has hosted the podcast ''Conversations with Tyler''. In September, 2018, Tyler and his team at George Mason University launched Emergent Ventures, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Library Of Economics And Liberty
Liberty Fund, Inc. is an American private educational foundation headquartered in Carmel, founded by Pierre F. Goodrich. Through publishing, conferences, and educational resources, the operating mandate of the Liberty Fund was set forth in an unpublished memo written by Goodrich "to encourage the study of the ideal of a society of free and responsible individuals".Morgan N. KnullGoodrich, Pierre, ''First Principles'', 09/23/11Robert T. Grimm (ed.), ''Notable American Philanthropists: Biographies of Giving and Volunteering'', Greenwood Publishing Group, 2002, pp. 125–128 History Liberty Fund was founded by Pierre F. Goodrich in 1960. In 1997 it received an $80 million donation from Goodrich's wife, Enid, increasing its assets to over $300 million. In November 2015, it was announced that the Liberty Fund was building a $22 million headquarters in Carmel, Indiana. Liberty Fund has been cited by historian Donald T. Critchlow as one of the endowed conservative foundations which ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russ Roberts
Russell David "Russ" Roberts (born September 19, 1954) is an American economist, who is currently a research fellow at Stanford University's Hoover Institution and president designate of Shalem College in Jerusalem. He is known for communicating economic ideas in understandable terms as host of the ''EconTalk'' podcast. Roberts describes himself as a classical liberal, stating, "I believe in limited government combined with personal responsibility. So I am something of a libertarian, but ... that term comes with some baggage and some confusion." Education Roberts was awarded a B.A. in economics in 1975 from the University of North Carolina and a PhD in economics from the University of Chicago in 1981 for his thesis on the design of government transfer programs under the supervision of Gary Becker. Career Roberts has previously taught at George Mason University, Washington University in St. Louis (where he was the founding director of what is now the Center for Experiential Learn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Populist
Populism refers to a range of political stances that emphasize the idea of "the people" and often juxtapose this group against " the elite". It is frequently associated with anti-establishment and anti-political sentiment. The term developed in the late 19th century and has been applied to various politicians, parties and movements since that time, often as a pejorative. Within political science and other social sciences, several different definitions of populism have been employed, with some scholars proposing that the term be rejected altogether. A common framework for interpreting populism is known as the ideational approach: this defines ''populism'' as an ideology which presents "the people" as a morally good force and contrasts them against "the elite", who are portrayed as corrupt and self-serving. Populists differ in how "the people" are defined, but it can be based along class, ethnic, or national lines. Populists typically present "the elite" as comprising the pol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
