Skip to content

After the End of History: The Curious Fate of American by Robert E. Lane

By Robert E. Lane

"Robert E. Lane is without doubt one of the so much famous and distinctive critics of either the human influence of industry economies and financial concept, arguing from a lot study that happiness is likely to circulate from companionship, delight in paintings, contribution to society, and the chance to improve as anyone, than from the pursuit of wealth and the buildup of fabric items in industry economies. This most up-to-date paintings playfully personalizes the distinction via a discussion among a humanistic social scientist, Dessi, and a industry economist, Adam. it's all too infrequent to have the 2 facets speaking to one another. furthermore, in Lane's witty and literate fingers, it's an open-minded and balanced dialog, within which neither facet has the entire solutions. His remarkable seize of interdisciplinary social medical wisdom is delivered to undergo at the greatest questions of human existence: What really makes humans satisfied? How should still human society be geared up to maximise the standard of human lives?"
--David O. Sears, Professor of Psychology and Political technology, UCLA

"Lane's deep wisdom of the resources of human happiness permits him to boost a robust critique of financial theory."
---Robert A. Dahl, Sterling Professor Emeritus of Political technology, Yale University

Robert E. Lane is the Eugene Meyer Professor Emeritus of Political technology at Yale collage. His past guides comprise The lack of Happiness in marketplace Democracies (2000) and The industry event (1991).

Show description

Read Online or Download After the End of History: The Curious Fate of American Materialism PDF

Similar economic history books

Myths of the Free Market

Kenneth Friedman's publication at the difficulties of the loose industry has many stuff in its points of interest: laissez faire, libertarianism, schooling, even the U. S. perfect court docket. The booklet has a few nice costs; a sampling follows:

"Laissez-faire has no longer maximized wealth. it truly is worse: Even in precept laissez faire can't maximize wealth. "

"Globalization favors the wealthy, because it consistently has. "

"Without intervention to guard the center and decrease periods, a loose marketplace financial system can drain funds from these periods to create an severe focus of wealth. traditionally, this type of focus of wealth has destabilized societies and adversely impacted the safety and traditional of dwelling of even the rich. "

The ebook does pass over a few issues. Friedman places a long way an excessive amount of emphasis on fiscal progress. GNP development as a degree of future health is so misguided as to be virtually laughable. GNP is measured through counting up what's spent on a number of goods. This works kind of okay in case you are counting nutrients obtained through hungry humans, yet very poorly certainly if you are counting cash spent on bombs or automated rifles, or on parking garages for wealthy people's autos. GNP isn't corrected for expanding inhabitants, pollutants, drawdown of average assets, or declining caliber of lifestyles. extra actual measures of monetary progress, comparable to the Index of Sustainable financial Welfare or actual development Indicator, are inclined to exhibit that there was a long way much less real monetary development than the legitimate facts recommend. For extra in this, see McKibben's booklet Deep economic climate, Daly's past development: The Economics of Sustainable improvement, or Brian Czech's Shoveling gasoline for a Runaway teach: Errant Economists, Shameful Spenders, and a Plan to prevent them All.

Friedman contains a superb dialogue at the difficulties of a loose alternate coverage. something he misses right here, even though, is that the conventional comparative virtue research by no means mentions delivery expenditures. In latest international delivery is seriously sponsored. below such stipulations unfastened alternate is a quick path to impoverishment for all of the nations concerned with it. Globalization is basically a fable created through reasonable oil.

Friedman mentions that democracies quite often paintings top in small homogeneous groups. He is going from there to proposals for making improvements to group spirit. that is wonderful. He misses the most obvious end, although, that regulations which concurrently bring up the scale of a group and make the neighborhood extra heterogeneous, are nearly bound to lessen group spirit. Large-scale immigration does either. in my view, restricting such immigration is a necessary step towards more desirable groups.

Friedman contains an essay on bettering schooling. I agree that schooling is necessary, yet i am a section skeptical of his proposals to enhance it. Friedman desires to concentration schooling much less on "stuffing info into the crevices of a brain" and extra on creativity. the matter this is that creativity is basically approximately evidence bumping into each other inside of a unmarried brain. and not using a yes point of actual wisdom, creativity is not likely. I shortly have a son within the fifth grade within the neighborhood public hassle-free university. i do not see an overemphasis on authentic wisdom there. What I do see is an unending flow of academic "reforms" which were applied with very little learn to teach that they paintings with genuine childrens in genuine study rooms. (The use of laptop video games for studying is an instance. ) the belief of educating creativity rather than rote evidence has been round for hundreds of years. Rousseau used to be an incredible recommend. regrettably, "creative" instructing equipment have critical difficulties. they're tough on lecturers even below the easiest stipulations, considering they require loads of practise time. "Creative" instructing equipment paintings in particular poorly with unmotivated, lazy teenagers, who're continuously within the majority in most faculties. do not forget that essentially the most artistic geniuses in background have been informed utilizing rote studying. Rote studying can concurrently offer a origin for later studying and provides a brilliant baby whatever to insurgent opposed to. do not be too quickly to throw it out.

Overall, "Myths of the unfastened industry" is a piece disjointed. It occasionally jumps wildly from subject to subject. in spite of the fact that, it truly is too reliable to allow that cease you from studying it.

The Monopolistic Competition Revolution in Retrospect

Avinash Dixit and Joseph Stiglitz revolutionized the modelling of imperfectly aggressive markets and introduced "the moment monopolistic festival revolution". specialists within the components of macroeconomics, foreign alternate idea, financial geography, and overseas development idea research the good fortune of the second one revolution during this selection of papers.

Space and Transport in the World-System (Contributions in Economics and Economic History)

Key metaphors in world-system research are profoundly spatial, yet there were few makes an attempt to appreciate how area, position, and topography have an effect on world-system association and method. To fill this hole, this publication examines case experiences of the restructuring of area and delivery in center, semiperipheral, and peripheral economies.

America's First Adventure in China: Trade, Treaties, Opium, and Salvation

In 1784, while american citizens first voyaged to China, they faced chinese language specialists who have been unaware that the USA even existed. however, a protracted, advanced, and fruitful alternate dating was once born after American investors, missionaries, diplomats, and others sailed to China with lofty goals: to procure marvelous wealth, convert China to Christianity, or even command a chinese language military.

Additional info for After the End of History: The Curious Fate of American Materialism

Sample text

Everyone seemed aware that a change in interest rates would alter the specie reserves of the Bank of England. Even this effect was played down, however, and not emphasized heavily. There were probably good historical reasons for this. Some of these are: 1 The role of Britain as the center of the world economy was smaller than it was to be later in the century. The "world" was probably smaller, and much of the period was dominated by war. 2 As a result of this, the relative importance of external to internal drains of gold was less in the earlier period than in the later.

While the relative situation of countries continued unaltered, they might have abundant commerce with each other, but their exports and imports would on the whole be equal . . " "Is it to be contended that these results would not be foreseen, and the expence and trouble attending these needless operations effectually prevented, in a country where capital is abundant, where every possible economy in trade is practised, and where competition is pushed to its utmost limits? " (Ricardo 1811 [1951: 103]).

Having done this (as was eventually specified by the Act of 1844), the authorities were deemed to have performed their duty, completely and commendably. Variations in the production of near-monies and credit would presumably not be destabilizing or disturbing. If, however, they were, this was unfortunate but unavoidable, and neither the fault nor the responsibility of the authorities. Since nobody has observed a pure specie currency system in modern history, it is impossible to say how it would function from the point of view of the issues here raised.

Download PDF sample

Rated 4.21 of 5 – based on 9 votes