I’m a Brazilian economist working in Paris and dedicated to historical scholarship. I have always been deeply impressed by the political weight carried by economic arguments across Latin America. Debates on economic policy are typically contentious everywhere, but in Latin America, your alignment with different traditions of political economy can go a long way to determine your intellectual and political identity. At the same time, our condition as peripheral societies – and hence net importers of ideas from abroad – raises perennial questions about the meaning of a truly Latin American political economy. I hope this list will be a useful entry point for people similarly interested in these problems.
Kathryn Sikkink brings a political science approach to the study of developmentalism as a policy framework in postwar Latin America.
Rather than rationalizing the ideology of development as the expression of interest group politics, the book interrogates the channels through which ideas find their way into institutional settings, and thence into political action. Contrasting the historical experiences of Brazil and Argentina, Sikkink shows how the same intellectual premises may lead to disparate results when put to work within different national settings.
Ideas do matter, but if they are to succeed, they need to find a hospitable institutional environment – which sheds light on both the possibilities and challenges faced by Latin American nations seeking to shape their own destiny.
In Ideas and Institutions, Kathryn Sikkink illuminates a key question in contemporary political economy: What power do ideas wield in the world of politics and policy? Sikkink traces the effects of one enormously influential set of ideas, developmentalism, on the two largest economies in Latin America, Brazil and Argentina.
Introduced under the intellectual leadership of Raul Prebisch at the U.N. Economic Commission for Latin America, developmentalism was embraced as national policy in many postwar developing economies. Drawing upon extensive archival research and interviews, Sikkink explores the adoption, implementation, and consolidation of the developmentalist model of economic policy in Brazil and…
I’m a Brazilian economist working in Paris and dedicated to historical scholarship. I have always been deeply impressed by the political weight carried by economic arguments across Latin America. Debates on economic policy are typically contentious everywhere, but in Latin America, your alignment with different traditions of political economy can go a long way to determine your intellectual and political identity. At the same time, our condition as peripheral societies – and hence net importers of ideas from abroad – raises perennial questions about the meaning of a truly Latin American political economy. I hope this list will be a useful entry point for people similarly interested in these problems.
This sprawling, two-volume collection of essays approaches the history of political economy in Latin America not as a chapter of intellectual history, but rather as an extension of the practices of state-building pursued in the continent.
The first volume,Republics of the Possible, covers the period from the early days of independence to the turbulent 1930s, touching on subjects as diverse as militarization, fiscal systems, educational institutions, national statistics, and ideological disputes.
The second volume, The Rise and Fall of the Developmental State, explores the 20th-century Latin American experiment on state-led development: its ideological underpinnings, the design of appropriate institutions, and the ambiguous aftermath of the developmental era in different national settings.
A third volume is still in the works to complete this state-of-the-art trilogy.
The growth of institutional capacity in the developing world has become a central theme in twenty-first-century social science. Many studies have shown that public institutions are an important determinant of long-run rates of economic growth. This book argues that to understand the difficulties and pitfalls of state building in the contemporary world, it is necessary to analyze previous efforts to create institutional capacity in conflictive contexts. It provides a comprehensive analysis of the process of state and nation building in Latin America and Spain from independence to the 1930s. The book examines how Latin American countries and Spain tried to…
In spite of many setbacks, living standards have trended upwards over the last 10,000 years. One of my main interests as an economist has been to understand the sources of this trend and its broad effects. The key driving force is new technologies. We are better off than our Victorian ancestors, not because we have more of what they had but because we have new things, such as airplanes and indoor plumbing. However, these new technologies have also brought some unfortunate side effects. We need to understand that dealing with these successfully depends, not on returning to the use of previous technologies, but on developing newer technologies such as wind and solar power.
This highly readable, best-selling book explains how the West’s free-market economies grew rich while others stagnated. (1) The West provided the freedom to innovate in products processes and organizations while other societies resisted these activities. (2) The West’s diffusion of economic power from a centralised political sphere to a decentralized economic sphere was essential in establishing and maintaining this freedom. (3) The West’s market-based institutions allowed successful innovators to earn large gains while unsuccessful innovators and non-innovating firms suffered losses. (4) The growth of Western science nurtured economic growth produced by innovators who were typically well-versed in engineering and Newtonian mechanistic science.
How did the West,Europe, Canada, and the United States,escape from immemorial poverty into sustained economic growth and material well-being when other societies remained trapped in an endless cycle of birth, hunger, hardship, and death? In this elegant synthesis of economic history, two scholars argue that it is the political pluralism and the flexibility of the West's institutions,not corporate organization and mass production technology,that explain its unparalleled wealth.
I was attracted to the study of interest groups for two main reasons. First, not too many scholars study interest groups and lobbying. This means I might have something to contribute. Second, interest groups are fascinating. Almost every interest you can think of has an interest group trying to affect (or retard) change. Every year, for example, I get to regale my students with stories about little-known interest groups such as the American Frozen Food Institute, the Pink Pistols (a pro-gun LGBTQ group), the California Prune Board, and Declassify UAP (an anti-UFO secrecy group). Talking and learning about interest groups is fun.
There has been more “grassroots” advocacy in the last 25 years than during any 25-year period in U.S. history. The Black Lives Matter, pro-Trump, anti-Trump, New Christian Right, and Tea Party movements are some of the biggest mass movements in our history.
When most people hear the word “grassroots,” they think of ordinary citizens mobilizing, marching, or protesting on important issues. But in this book, sociologist Edward Walker shows us that behind many instances of seemingly “grassroots” advocacy are legions of political consultants who sell their ability to mobilize ordinary citizens to their wealthy clients, including giant corporations and business-oriented interest groups.
This book is epiphanic. Most of us realize on some level that political consulting is a big business. But most of us—and I mean regular people and people like me who study politics for a living—assume that political consultants advise political parties and candidates for office on the…
Although 'grassroots' conjures up images of independent citizen organizing, much mass participation today is sponsored by elite consultants working for corporations and powerful interest groups. This book pulls back the curtain to reveal a lucrative industry of consulting firms that incentivize public activism as a marketable service. Edward Walker illustrates how, spurred by the post-sixties advocacy explosion and rising business political engagement, elite consultants have deployed new technologies to commercialize mass participation. Using evidence from interviews, surveys and public records, Grassroots for Hire paints a detailed portrait of these consultants and their clients. Today, Fortune 500 firms hire them to…
I am passionate about the dissemination of economic ideas both inside and outside university spaces. In addition to classroom lectures at my university, I give a lot of public lectures on economics. Through these talks, I introduce the audience to the tradition of doing economics using a critical perspective. I have an MA and MPhil in Economics from the University of Hyderabad and a PhD in Economics from the University of Sydney.
I first purchased and read this book as a senior undergraduate student not knowing anything about the author.
Little did I know that this book would later play an important role in not only understanding the limitations of mainstream economics but also in providing me with an alternative approach to make sense of our economic surroundings.
Bharadwaj’s book is truly a classic and one that I always recommend to my students.
I’m a Canadian political economist working in Australia as an Associate Professor in International Relations and Political Economy at the University of Wollongong, just south of Sydney. I’ve been fascinated by the history of capitalism and money since post-graduate school. Eventually I had some time to do a deep dive into the existing scholarly literature on money and have so far written two books on the topic and multiple articles. I hope you enjoy my book recommendations as much as I enjoyed reading them.
Gold has fascinated humanity for a considerable swathe of history, and it continues to do so today.
I saw this book online and immediately had to get it. I already knew that the creation of modern money as debt was fundamentally rooted in war and geopolitics, but I did not know the extensive history of how gold and war were interconnected over 500 years.
I think that this is a captivating study for anyone who is interested in the links between war, gold, and geopolitical capitalism.
A fascinating and essential read for explaining how we arrived at where we are today.
The world was wild for gold. After discovering the Americas, and under pressure to defend their vast dominion, the Habsburgs of Spain promoted gold and silver exploration in the New World with ruthless urgency. But, the great influx of wealth brought home by plundering conquistadors couldn't compensate for the Spanish government's extraordinary military spending, which would eventually bankrupt the country multiple times over and lead to the demise of the great empire. Gold became synonymous with financial dependability, and following the devastating chaos of World War I, the gold standard came to express the order of the free market system.…
Sarah Kaplan is Distinguished Professor and Director of the Institute for Gender and the Economy at the University of Toronto’s Rotman School of Management. She is the author of the bestseller Creative Destruction: Why Companies That Are Built to Last Underperform the Market—And How to Successfully Transform Them and The 360º Corporation: From Stakeholder Trade-offs to Transformation, both address the challenges of innovation and organizational change in society. She frequently speaks and appears in the media on topics related to achieving a more inclusive economy and corporate governance reform. Formerly a professor at the Wharton School and a consultant at McKinsey & Company, she earned her PhD at MIT’s Sloan School of Management.
Mazzucato’s timely book offers a hopeful look into the possibilities for companies, governments, and civil society to work together to solve the world’s grand challenges. Inspired by the original moonshot program that mobilized the public and private sectors on a massive scale to take risks and experiment with innovative solutions to a previously unsolved problem, she pushes all of us to think boldly about the possibilities for transformative change. To do so, we’ll need to bust myths that impede progress such as the idea that businesses are the only entities that create value and governments are only there to de-risk and address market failures.
The increasingly popular ideas that governments need to run like businesses and save taxpayer money by outsourcing actually strip public policymakers of the tools they need to spur innovation. With examples of a Green New Deal, accessible health care, and narrowing the digital divide, Mission Economy…
Longlisted for the 2021 Porchlight Business Book Awards, Big Ideas & New Perspectives
“She offers something both broad and scarce: a compelling new story about how to create a desirable future.”—New York Times
An award-winning author and leading international economist delivers a hard-hitting and much needed critique of modern capitalism in which she argues that, to solve the massive crises facing us, we must be innovative—we must use collaborative, mission-oriented thinking while also bringing a stakeholder view of public private partnerships which means not only taking risks together but also sharing the rewards.
I grew up in a family exposed to great contrasts of poverty and wealth, in which women were always the ones expected to ‘make nice.” I’ve long been fascinated by the parallels among unfair inequalities based on gender, sexuality, age, race, ethnicity, citizenship, and class, and the ways in which these inequalities are disguised, justified, or just plain ignored. This fascination has driven my successful and very lucky career as a socialist feminist economist and public intellectual.
This classic anthology reveals “rational economic man” as a naked and misshapen emperor pretending to be grandly dressed. While unpacking the androcentric (and plain old sexist) assumptions of conventional economic theory, it also provides rich examples of new ways of explaining the links between gender, care, and inequality.
This is the first book to examine the central tenets of economics from a feminist point of view. In these original essays, the authors suggest that the discipline of economics could be improved by freeing itself from masculine biases. Beyond Economic Man raises questions about the discipline not because economics is too objective but because it is not objective enough. The contributors--nine economists, a sociologist, and a philosopher--discuss the extent to which gender has influenced both the range of subjects economists have studied and the way in which scholars have conducted their studies. They investigate, for example, how masculine concerns…
I grew up in a family exposed to great contrasts of poverty and wealth, in which women were always the ones expected to ‘make nice.” I’ve long been fascinated by the parallels among unfair inequalities based on gender, sexuality, age, race, ethnicity, citizenship, and class, and the ways in which these inequalities are disguised, justified, or just plain ignored. This fascination has driven my successful and very lucky career as a socialist feminist economist and public intellectual.
It’s a great and up-to-date overview of gender inequality on a global scale, covering paid and unpaid work, public policies, and the impact of patriarchal institutions. It also explains why current trajectories of economic development are both inadequate and unsustainable.
Gender, Development, and Globalization is the leading primer on global feminist economics and development. Lourdes Beneria, a pioneer in the field of feminist economics, is joined in this second edition by Gunseli Berik and Maria Floro to update the text to reflect the major theoretical, empirical, and methodological contributions and global developments in the last decade. Its interdisciplinary investigation remains accessible to a broad audience interested in an analytical treatment of the impact of globalization processes on development and wellbeing in general and on social and gender equality in particular.
The revision will continue to provide a wide-ranging discussion of…
Peter T. Leeson is the author of the award-winning The Invisible Hook: The Hidden Economics of Piratesand Anarchy Unbound: Why Self-Governance Works Better than You Think. He is the Duncan Black Professor of Economics and Law at George Mason University. Big Think counted Peter among “Eight of the World’s Top Young Economists.”
The shortest, surest guide to understanding the government’s relationship to the economy. The Law was first published in 1850, but its relevance, importance, and accessibility are perennial. Multiply your value by getting the Foundation for Economic Education’s newest edition, which includes Bastiat’s classic essays “The Broken Window” and “The Candlemakers’ Petition.”
