Here are 100 books that The Myth of American Inequality fans have personally recommended if you like
The Myth of American Inequality.
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I am a scientist, educator, successful entrepreneur, and author. I believe that human civilization is threatened by the wonderful and dangerous technologies that we created in the last two centuries: fossil fuels, nuclear weapons, gene editing, AI, and social media. As a creator of technologies, I feel responsible that more hasn’t been done to properly control them. My current mission is to sound an alarm about the potential tyranny of technology through my novels, 100 Years to Extinction and the sequel, 12 Years to AI Singularity, on my website and on social media. While the recommended books on my list are nonfiction, my fictional story presents the science and technology accurately as nonfiction would.
As in my second recommendation, Harari adds the historical perspective to humanity’s survival.
The coming battle with AI is just the latest for humans. One hundred thousand years ago, at least six humanoid species inhabited the Earth and battled for survival. Today there is just one. Us. Homo sapiens.
Harari does a beautiful job of explaining how our species succeed in the battle for dominance. He describes how our foraging ancestors come together to create cities and kingdoms; how did we come to believe in gods, nations, and human rights; to trust money, books, and laws; and to be enslaved by bureaucracy, timetables, and consumerism?
We need to understand our past to properly control our future with AI.
100,000 years ago, at least six human species inhabited the earth. Today there is just one. Us. Homo sapiens. How did our species succeed in the battle for dominance? Why did our foraging ancestors come together to create cities and kingdoms? How did we come to believe in gods, nations and human rights; to trust money, books and laws; and to be enslaved by bureaucracy, timetables and consumerism? And what will our world be like in the millennia to come?
In Sapiens, Dr Yuval Noah Harari spans the whole of human history, from the very first humans to walk the…
It is April 1st, 2038. Day 60 of China's blockade of the rebel island of Taiwan.
The US government has agreed to provide Taiwan with a weapons system so advanced that it can disrupt the balance of power in the region. But what pilot would be crazy enough to run…
I am the Eldon R. Lindsey Chair of Free Enterprise and Professor of Economics and Finance at Shenandoah University in Winchester, Virginia. Most of my writing is academic, including in the Independent Review, Journal of Markets and Morality, and Presidential Studies Quarterly recently. Before pursuing my doctoral degree, I served in the U.S. Army and worked for an insurance company.
Angus Deaton presents his own work and summarizes the work of others to describe the beginning of sustained economic growth, what is sometimes called the industrial revolution.
Not only does this sustained economic growth result in much greater health and wealth, but also in inequality.
Before, only a very small number of people enjoyed leisure and what were the luxuries of the time. After, increasing percentages of people escaped the so-called iron law of wages.
The world is a better place than it used to be. People are healthier, wealthier, and live longer. Yet the escapes from destitution by so many has left gaping inequalities between people and nations. In The Great Escape, Angus Deaton--one of the foremost experts on economic development and on poverty--tells the remarkable story of how, beginning 250 years ago, some parts of the world experienced sustained progress, opening up gaps and setting the stage for today's disproportionately unequal world. Deaton takes an in-depth look at the historical and ongoing patterns behind the health and wealth of nations, and addresses what…
I am the Eldon R. Lindsey Chair of Free Enterprise and Professor of Economics and Finance at Shenandoah University in Winchester, Virginia. Most of my writing is academic, including in the Independent Review, Journal of Markets and Morality, and Presidential Studies Quarterly recently. Before pursuing my doctoral degree, I served in the U.S. Army and worked for an insurance company.
Maddison weaves varied measures into a history of GDP, population, and perforce GDP per capita of the world and its regions and of countries as the data allow, going back to ‘year 0’ (the year that’s not between 1 BC and 1 AD).
His effort is continued by the Maddison Project.
Careful measurement could be said to differentiate the scientific from the discursive disciplines.
The World Economy brings together two reference works by Angus Maddison: The World Economy: A Millennial Perspective, first published in 2001 and The World Economy: Historical Statistics, published in 2003. This new edition contains Statlinks, a service providing access to the underlying data in Excel® format. These two volumes bring together estimates of world GDP for the past 2000 years and provide a unique perspective on the rise and fall of economies historically.
"One controversial clash of theories fueled by Maddison's data concerns the relative status of (growth in) the West versus the rest. The figures (in this book) are…
The Year Mrs. Cooper Got Out More
by
Meredith Marple,
The coastal tourist town of Great Wharf, Maine, boasts a crime rate so low you might suspect someone’s lying.
Nevertheless, jobless empty nester Mallory Cooper has become increasingly reclusive and fearful. Careful to keep the red wine handy and loath to leave the house, Mallory misses her happier self—and so…
I am the Eldon R. Lindsey Chair of Free Enterprise and Professor of Economics and Finance at Shenandoah University in Winchester, Virginia. Most of my writing is academic, including in the Independent Review, Journal of Markets and Morality, and Presidential Studies Quarterly recently. Before pursuing my doctoral degree, I served in the U.S. Army and worked for an insurance company.
It is a path-breaking effort to gather national IQ data from as many countries as possible, and to correlate the same with GDP per capita and other measures of national success.
There are several major shortcomings to the original effort including: (1) that averages of "similar" countries were used where local estimates of national IQ weren't available, and (2) national IQs of many countries were drawn from small convenience samples.
These shortcomings might have been justified as the best that could be done given the costliness of collecting scientifically-valid samples, along with a call to address these shortcomings.
Since the publication of the book, numerous additional IQ data have been developed in, for example, the norming of IQ tests for various populations. Also, much near kin achievement data have been developed in the administration of internationally-standardized scholastic examinations.
Lynn and Vanhanen test the hypothesis on the causal relationship between the average national intelligence (IQ) and the gap between rich and poor countries by empirical evidence. Based on an extensive survey of national IQ tests, the results of their work challenge the previous theories of economic development and provide a new basis to evaluate the prospects of economic development throughout the world.
They begin by reviewing and evaluating some major previous theories. The concept of intelligence is then described and intelligence quotient (IQ) introduced. Next they show that intelligence is a significant determinant of earnings within nations, and they…
For over 44 years, I have been a writer, speaker, anchor, interviewer, teacher, analyst/commentator, publisher, producer, director, and consultant across different mass media: the written word, the spoken word, and the audio-visual medium – printed publications and websites, radio and podcasts, television, and documentary cinema. As a student of the political economy of India, I have sought to investigate the working of the nexus between business and politics. I am of the view that crony capitalism and oligarchy are at the roots of much that has gone wrong in the country of my birth and domicile which is often described as the “world’s largest democracy”.
American author Mark Twain had described the last decades of the 19th century as the Gilded Age in the United States, a period when on the surface everything appeared to be glittering like gold concealing the filth and ugliness that lay beneath. British journalist and academic James Crabtree, now based in Singapore, believes that the last few decades in India closely resembles the Gilded Age of the US. His 357-page book is filled with dozens of anecdotes about some of India’s most wealthy individuals such as Mukesh Ambani, Gautam Adani, and Vijay Mallya. His meetings with them and his detailed descriptions of their lifestyles and demeanour make for racy reading.
A disclaimer: Crabtree has described in flattering terms his meeting with this writer and referred to some of my articles and books.
A colorful and revealing portrait of the rise of India’s new billionaire class in a radically unequal society
India is the world’s largest democracy, with more than one billion people and an economy expanding faster than China’s. But the rewards of this growth have been far from evenly shared, and the country’s top 1% now own nearly 60% of its wealth. In megacities like Mumbai, where half the population live in slums, the extraordinary riches of India’s new dynasties echo the Vanderbilts and Rockefellers of America's Gilded Age, funneling profits from huge conglomerates into lifestyles of conspicuous consumption.
I was trained in physics and applied mathematics, but my mother—a teacher of literature and history—secured a place for the humanities in my intellectual luggage, and I finally ended up in the social sciences. One of my first encounters with economics was John Nash’s theory of bargaining, illustrating how a wealthy person will gain more from a negotiation than a pauper, thus reinforcing inequality and leading to instability. Decades later, I returned to this problem and found that relatively little had still been done to analyze it. I believe that a combination of mathematical tools and illustrations from history, literature, and philosophy is an appropriate way of approaching the complex of inequality.
A favorite message from the economic profession is that free trade is good for everyone, and that those who do not agree are either misguided or defending vested interests of their own. In this book, Williamson shows that this view is false.
The welfare gap between the West and the rest of the world developed during the 19th and 20th centuries in large part because of trade-induced division of labor that led to de-industrialization, increased inequality, and volatile revenues in the losing countries—factors that all contributed to retarding economic growth and social development in countries that are now poor.
More recently, the free movement of capital has had similarly negative effects on developing and emerging economies, a fact that is now recognized also in organizations such as the IMF.
How the rise of globalization over the past two centuries helps explain the income gap between rich and poor countries today.
Today's wide economic gap between the postindustrial countries of the West and the poorer countries of the third world is not new. Fifty years ago, the world economic order—two hundred years in the making—was already characterized by a vast difference in per capita income between rich and poor countries and by the fact that poor countries exported commodities (agricultural or mineral products) while rich countries exported manufactured products. In Trade and Poverty, leading economic historian Jeffrey G. Williamson traces…
Don’t mess with the hothead—or he might just mess with you. Slater Ibáñez is only interested in two kinds of guys: the ones he wants to punch, and the ones he sleeps with. Things get interesting when they start to overlap. A freelance investigator, Slater trolls the dark side of…
As an author, I write both serious nonfiction and literary fiction. As a journalist, I have lifelong associations with The Atlanticand the Washington Monthly.I didn’t plan it, but four of my nonfiction books make an extended argument for the revival of optimism as intellectually respectable. A Moment on the Earth(1995) argued environmental trends other than greenhouse gases actually are positive, The Progress Paradox(2003) asserted material standards will keep rising but that won’t make people any happier, Sonic Boom (2009), published during the despair of the Great Recession, said the global economy would bounce back and It’s Better Than It Looks (2018) found the situation objectivity good on most major issues.
Maybe you think Asia and Africa are mired in depressing immiseration. Certainly that’s what the mainstream media sell us. Yet in the last 25 years more progress has been made against poverty in these places than in all of previous human history combined! Radelet, a professor at Georgetown University, shows that the improvement – still a long way to go, of course – of the developing world is the most important thing happening in our spinning world.
The untold story of the global poor: "Powerful, lucid, and revelatory, The Great Surge...offers indispensable prescriptions about sustaining global economic progress into the future" (George Soros, chairman of Soros Fund Management).
We live today at a time of great progress for the global poor. Never before have so many people, in so many developing countries, made so much progress, in so short a time in reducing poverty, increasing incomes, improving health, reducing conflict and war, and spreading democracy.
Most people believe the opposite: that with a few exceptions like China and India, the majority of developing countries are hopelessly mired…
The Spirit of Capitalism: Nationalism and Economic Growth is the second volume of my nationalism trilogy. When I published the first volume,Nationalism: Five Roads to Modernity, the accepted view on the subject of nationalism was that it is a product of economic development, specifically, of industrialization and capitalism. On the basis of historical evidence, I proved that its emergence had nothing to do with these economic phenomena: in fact, it preceded both. Reviews of Nationalism, noting that, for this reason, economic developments could not have caused nationalism, raised the question what relationship, then, did exist between nationalism and the economy, and this led me to investigate it.
This book is a rare attempt by an eminent economic historian to examine cultural determinants of economic growth and answer the question whyit happens, which distinguishes it sharply from the discipline’s exclusive focus on how it proceeds.
Landes, in other words, disentangles the explanation of causes from the preoccupation with the process, which is why I recommend this book.
Now that the old division of the world into the two power blocs of East and West has subsided, the great gap in wealth and health that separates North and South remains the single greatest problem and danger facing the world of the Third Millennium. The only challenge of comparable scope and difficulty is the threat of the environmental deterioration, and the two are intimately connected, indeed are one. David Landes argues that the North-South division is the great drama of our times, and that drama implies tension, passion, conflict and disappointment as well as happy outcomes. While Landes does…
I’ve been studying China for almost 60 years and have visited the country 40 times. Around 1990 I became aware of the sad situation of migrants from the countryside trying to move to cities to earn a better living. There they are met with low wages, poor living conditions, and discrimination. I spent 6 or 7 years interviewing them and writing about them and the book I wrote won a prize for the best book on 20th century China published in 1999. Then I learned about the workers who were laid off as China modernized, and went to talk with them. The present book is full of empathy and concern for these people.
This is a brilliant anthropological field study of how rural migrants and laid-off Chinese workers cope with their lot in a region where factories have shut down and there are few ways of earning money.
The two competing groups are both very poorly served by the government and they are forced to live among trash with little to no welfare. There are here, again, copious quotations from the people involved and you can learn a lot about the varying conditions that mark the different lives of these two groups of people.
Despite massive changes to its economic policies, China continues to define itself as socialist; since 1949 and into the present, the Maoist slogan "Serve the People" has been a central point of moral and political orientation. Yet several decades of market-based reforms have resulted in high urban unemployment, transforming the proletariat vanguard into a new urban poor. How do unemployed workers come to terms with their split status, economically marginalized but still rhetorically central to the way China claims to understand itself? How does a state dedicated to serving "the people" manage the poverty of its citizens? Mun Young Cho…
Since I was a student, I have been fascinated with social and economic inequality–the more so because back then, my professors seemed to disregard this subject of study. So, I made it one of my own main areas of research: I simply needed to understand more about the nature and the causes of inequality in human societies. In recent years, I have been busy researching economic inequality in different historical settings, also looking at specific socioeconomic strata. I began with the poor, and more recently, I focused on the rich. In my list of recommendations, I included books that, I believe, are particularly insightful concerning wealth and the wealthy.
I have always loved Branko Milanović’s way of addressing complex topics in a very accessible and usually highly original way.
In this book, Milanović pays much attention to the rich and the super-rich and devises a way of comparing their wealth across the ages by asking this simple question: how much labour could they command in their own historical period and socio-economic context?
So, for example, Marcus Licinius Crassus, the richest Roman of Caesar’s times, could, with the yearly income from his vast possessions, command the work of 32,000 people. But, as Milanović argues, today’s super-rich are richer than past ones–circa 2010, the richest person in the world was the telecommunications magnate Carlos Slim, who could command the work of 440,000 Mexicans.
Who is the richest person in the world, ever? Does where you were born affect how much money you'll earn over a lifetime? How would we know? Why- beyond the idle curiosity- do these questions even matter? In The Haves and the Have-Nots , Branko Milanovic, one of the world's leading experts on wealth, poverty, and the gap that separates them, explains these and other mysteries of how wealth is unevenly spread throughout our world, now and through time. Milanovic uses history, literature and stories straight out of today's newspapers, to discuss one of the major divisions in our social…
