books about Economics & Trade and 5
start with O
On the Search for Well-Being
Henry J. Bruton
University of Michigan Press, 2001
Library of Congress HD72.B78 1997 | Dewey Decimal 338.9
This book takes on one of the great questions of the day: Why are some countries enormously rich and others so heartbreakingly poor?
Henry J. Bruton organizes the discussion around three basic ideas. The first is that well-being reflects not only the availability and distribution of goods and services, but also employment, values, institutions, and quality of preferences. The second is that ignorance is ubiquitous; hence growth of well-being depends primarily on commitments to searching and learning. The extent of such commitments is embedded in deep-seated characteristics of the society, its history, and the degree to which it can look ahead. The third is that economic policy-making is largely a matter of muddling through; furthermore, the idea that an economy can be assumed to be in a general equilibrium and can therefore be left to itself must be rejected. The author explores these ideas and their implications for the processes of growth and for policies to facilitate that growth.
The book breaks new ground in its emphasis on ignorance and learning and its generalized definition of well-being. Drawing from contemporary work in evolutionary economics, the economics of technological change, analytical economic history, and the new political economy, this work should be of interest to historians, sociologists, and students of technology, as well as economists. While directly concerned with development, it has implications for labor, trade, economic history, and industrial organization.
Henry J. Bruton is Professor of Economics, Williams College.
Open: The Progressive Case for Free Trade, Immigration, and Global Capital
Harvard University Press, 2019
Library of Congress HF1713.C59 2019 | Dewey Decimal 330.973
A Financial Times Best Economics Book of the Year
A Foreign Affairs Best Book of the Year
A Fareed Zakaria GPS Book of the Week
“A highly intelligent, fact-based defense of the virtues of an open, competitive economy and society.”
“A vitally important corrective to the current populist moment…Open points the way to a kinder, gentler version of globalization that ensures that the gains are shared by all.”
“Clausing’s important book lays out the economics of globalization and, more important, shows how globalization can be made to work for the vast majority of Americans. I hope the next President of the United States takes its lessons on board.”
—Lawrence H. Summers, former Secretary of the Treasury
“Makes a strong case in favor of foreign trade in goods and services, the cross-border movement of capital, and immigration. This valuable book amounts to a primer on globalization.”
—Richard N. Cooper, Foreign Affairs
Critics on the Left have long attacked open markets and free trade agreements for exploiting the poor and undermining labor, while those on the Right complain that they unjustly penalize workers back home. Kimberly Clausing takes on old and new skeptics in her compelling case that open economies are actually a force for good. Turning to the data to separate substance from spin, she shows how international trade makes countries richer, raises living standards, benefits consumers, and brings nations together. At a time when borders are closing and the safety of global supply chains is being thrown into question, she outlines a clear agenda to manage globalization more effectively, presenting strategies to equip workers for a modern economy and establish a better partnership between labor and the business community.
Organizations, Civil Society, and the Roots of Development
Edited by Naomi R. Lamoreaux and John Joseph Wallis
University of Chicago Press, 2017
Library of Congress JC337.O74 2017 | Dewey Decimal 369.09409034
Modern developed nations are rich and politically stable in part because their citizens are free to form organizations and have access to the relevant legal resources. Yet in spite of the advantages of open access to civil organizations, it is estimated that eighty percent of people live in countries that do not allow unfettered access. Why have some countries disallow the formation of organizations as part of their economic and political system?
The contributions to Organizations, Civil Society, and the Roots of Development seek to answer this question through an exploration of how developing nations throughout the eighteenth and nineteenth centuries, including the United States, United Kingdom, France, and Germany, made the transition to allowing their citizens the right to form organizations. The transition, contributors show, was not an easy one. Neither political changes brought about by revolution nor subsequent economic growth led directly to open access. In fact, initial patterns of change were in the opposite direction, as political coalitions restricted access to specific organizations for the purpose of maintaining political control. Ultimately, however, it became clear that these restrictions threatened the foundation of social and political order. Tracing the path of these modern civil societies, Organizations, Civil Society, and the Roots of Development is an invaluable contribution to all interested in today’s developing countries and the challenges they face in developing this organizational capacity.
The Origins of Japanese Trade Supremacy: Development and Technology in Asia from 1540 to the Pacific War
University of Chicago Press, 1996
Library of Congress HF3824.H68 1996 | Dewey Decimal 382.0952
Synthesizing a wide range of scholarship Christopher Howe traces the history of Japanese trade over four centuries and locates the sources of Japan's current commercial and financial strength in events that began in the sixteenth century.
"Thoughtful, well-organized, and lucidly written and reflects many years of painstaking research in different literatures."—Business Horizons
"The best analysis yet in English of the role of technology in Japan's emergence as a global economic power."—David J. Jeremy, Technology and Culture
"An important addition to Japanese economic history and the concept of creating relative advantage in trade."—Richard Rice, Journal of Asian Studies
"No other work in English approaches Christopher Howe's combination of a sweeping historical perspective with a comprehensive yet in-depth analysis of factors underlying Japan's pre-1940 economic 'miracle.' . . . [An] illuminating study."—Steven J. Ericson, American Historical Review
Out of Stock: The Warehouse in the History of Capitalism
University of Chicago Press, 2019
Library of Congress TS189.6.O74 2019 | Dewey Decimal 388.0440973
In Out of Stock, Dara Orenstein delivers an ambitious and engrossing account of that most generic and underappreciated site in American commerce and industry: the warehouse. She traces the progression from the nineteenth century’s bonded warehouses to today’s foreign-trade zones, enclaves where goods can be simultaneously on US soil and off US customs territory. Orenstein contends that these zones—nearly 800 of which are scattered across the country—are emblematic of why warehouses have begun to supplant factories in the age of Amazon and Walmart. Circulation is so crucial to the logistics of how and where goods are made that it is increasingly inseparable from production, to the point that warehouses are now some of the most pivotal spaces of global capitalism. Drawing from cultural geography, cultural history, and political economy, Out of Stock nimbly demonstrates the centrality of warehouses for corporations, workers, cities, and empires.