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Benjamin A. Rogge—late Distinguished Professor of Political Economy at Wabash College—was a representative of that most unusual species: economists who speak and write in clear English. He forsakes professional jargon for clarity and logic—and can even be downright funny. The nineteen essays in this volume explore the philosophy of freedom, the nature of economics, the business system, labor markets, money and inflation, the problems of cities, education, and what must be done to ensure the survival of free institutions and capitalism.
Enhancing Productivity and Innovation in a Globalizing World
In recent years the Russian government, concerned about sustaining its economic performance, has sought to promote more diversified and broader economic growth beyond the profitable natural-resource sector. Economic officials would like to see something closer to a "knowledge-based economy." One of the areas in clear need of upgrading is the manufacturing sector. This book quantifies and benchmarks the relative strengths of that sector, identifying opportunities to increase Russian productivity and competitiveness. Drawing on original survey data from Russian firms of all sizes, the authors formulate proposals that aim to enhance the innovative potential of Russian firms, upgrade the skills of their workforce, and develop a business-friendly climate of lower administrative costs and greater policy certainty. This book examines the underlying firm-level determinants of knowledge absorption, competitiveness, and productivity, with an eye to improving workers' skill levels and improving the investment climate, which should in turn enhance the innovation needed to keep up in a globalized economy. The original research and analysis of Desai, Goldberg, and their colleagues will be of use to anyone interested in the problems of building manufacturing competitiveness, especially in Russia and the post-Soviet transition economies. It will also be of interest to organizations planning to do business with Russia or to invest in it.
The Rejuvenation of the American Labor Movement
"Defines the challenges facing the movement and offers comprehensive prescriptions for its successful transformation."
The George Washington Law Review
A valuable analysis of the rise, fall, and--hopefullythe revival of unionism in America. [The book] distills into readable form a mass of legal and empirical analysis of what has been happening in the workplaces of the United States and other industrial democracies. Most important, Craver has drawn a blueprint of what must be done to save collective bargaining in this centurymust reading for scholars, lawmakers, and, especially, union leaders themselves.
Paul C. Weiler, Harvard Law SchoolAuthor of Governing the Workplace: The Future of Labor and Employment Law
"A thoroughly researched, insightful, and readable look at why American unions have declined. . . . This is a very informative analyis of a vital topic, and it will have a multidisciplinary appeal to anyone interested in union- management relations.
Peter Feuille, Institute of Labor and Industrial Relations, University of Illinois
When employees at firms like Greyhound and Eastern Airlines walk out to protest wage and benefit reductions, they are permanently replaced and their representative labor unions destroyed. Every year, the threat or drama of a high-profile strikein air traffic control towers, at Amtrak, or at Caterpillarmakes national headlines and, every year, several hundred thousand unrepresented American employees are discharged without good cause.
During the past decade, employer opposition to unions has increased. Industrial and demographic changes have eroded traditional blue-collar labor support, and class-based myths have discouraged organization among white-collar workers. As the American labor movement begins its second century, it is confronted by challenges that threaten its very existence. Is the decline of the American labor movement symptomatic of a terminal condition?
In this work, Charles Craver presents an incisive analysis of the current state of the American labor movement and a manifesto for how this crucial institution can be revitalized. Journeying with the reader from the inception of labor unions through their heyday and to the present, Craver examines the roots of their decline, the current factors which contribute to their dismal condition, and the actions that are needed--such as the recruitment of female and minority employees and appeals to white-collar personnel--that are necessary to ensure union viability in the 21st century.
Craver thoughtfully discusses what labor organizations must do to organize new workers, to enhance their economic and political power, and to adapt to modern-day advances and to an increasingly global economy. He also suggests changes that must be made in the National Labor Relations Act. This book is essential reading for lawyers, scholars, and policy-makers, as well as all those concerned with the future of the labor movement.
Schumpeter’s Guide to the Postwar Japanese Miracle
With this book, Mark Metzler continues his investigation into the economic history of twentieth-century Japan that he began in Lever of Empire. In Capital as Will and Imagination, he focuses on the successful stabilization of Japanese capitalism after the Second World War. How did a defeated and heavily damaged nation manage reconstruction so rapidly? What economic beliefs resulted in the "miracle" years of high-speed economic growth? Metzler argues that the inflationary creation of credit was key to Japan's postwar success-and its eventual demise due to its instability over the long term.
To prove his case, Metzler explores heterodox ideas about economic life , in particular Joseph Schumpeter's realization that inflation is intrinsic to capitalist development. Schumpeter's ideas, widely ignored within standard American neoclassical economic theory, were shaped by his experience of Austria's reconstruction after 1918. They were highly influential in Japan, and Metzler traces their impact in the period from the Allied Occupation, starting in 1945, through the Income Doubling Plan of 1960. Japan after defeat, Metzler argues, illustrates the critical importance of inflationary credit creation for increased production.
Economic Cultures in Eastern Europe after 1989
Does capitalism emerging in Eastern Europe need as solid ethnic or spiritual foundations as some other “Great Transformations” in the past? Apparently, one can become an actor of the new capitalist game without belonging to the German, Jewish, or, to take a timely example, Chinese minority. Nor does one have to go to a Protestant church every Sunday, repeat Confucian truisms when falling asleep, or study Adam Smith’s teachings on the virtues of the market in a business course. He/she may just follow certain quasi-capitalist routines acquired during communism and import capitalist culture (more exactly, various capitalist cultures) in the form of down-to-earth cultural practices embedded in freshly borrowed economic and political institutions. Does capitalism come from outside? Why do then so many analysts talk about hybridization? This volume offers empirical insights into the current cultural history of the Eastern European economies in three fields: entrepreneurship, state governance and economic science. The chapters are based on large case studies prepared in the framework of an eight-country research project (funded by the European Commission, and directed jointly by the Center for Public Policy at the Central European University and the Institute for Human Sciences) on East-West cultural encounters in the ex-communist economies.
The Marketability of Political Skills
What would you do if, the very day you were hired, you knew you could be unemployed in as little as two years? You'd seek opportunities in your current job to develop a portfolio of skills and contacts in order to make yourself more attractive to future employers. Representatives and senators think about their jobs in Congress in this way, according to Glenn R. Parker. While in office, members of Congress plan not merely for the next election but for the next stage of their careers. By networking, serving on committees, and championing particular legislation, they deliberately accumulate human capital---expertise, networks, and reputation---which later will give them bargaining power in the job market. Parker's study of the postelective careers of more than 200 former members of Congress, both U.S. representatives and senators, who have left office during the last half century shows that such strategic planning generally succeeds. In most cases, the human capital these politicians amassed while in office increased their occupational mobility and earning power. Capitol Investments offers a sophisticated yet accessible analysis of the acquisition and marketability of political skills. It suggests that an awareness of the trade in human capital shapes an officeholder's actions as much as the desire to win another election. Glenn R. Parker is Distinguished Professor in the Department of Political Science at Purdue University.
Reconciling Development and Conservation in the Kingdom of Cambodia
A “conundrum” is a puzzle whose solution involves resolving a paradox. In this instance, the paradox arises from two widely held and conflicting assumptions: that the pathway to a modern economy requires exploiting and monetizing a country’s natural resources, and that the long-term prosperity of a nation depends on the conservation of those same resources. This book consciously seeks to avoid the mentality of “trade-offs,” where pro-development advocates view conservation efforts as impediments and conservationists are convinced that development inevitably leads to a loss for nature. Instead, through an evaluation of opportunities in the still pristine forests of the Cardamom Mountains and surrounding landscapes, the author seeks to demonstrate that wise management of a nation’s renewable natural resources can facilitate economic growth. Resolving the Cardamom Conundrum requires an economic model that provides robust growth, and that alleviates poverty over the short term and eradicates it over the medium term. Any other solution is impractical and morally unacceptable. The author points the way by indentifying innovative options linked to climate finance and low carbon development strategies that span the economic, social and environmental dimensions of sustainable development.
Rethinking Development Assistance
Development assistance employs carrots and sticks to influence regimes and obtain particular outcomes: altered economic policies, democratization, relief of suffering from catastrophes. Wealthy nations and international agencies such as the World Bank justify development assistance on grounds of improving the global human condition. Over the last forty years, however, ethnic conflict has increased dramatically. Where does ethnic conflict fit within this set of objectives? How do the resources, policy advice, and conditions attached to aid affect ethnic conflict in countries in which donors intervene? How can assistance be deployed in ways that might moderate rather than aggravate ethnic tensions? These issues are addressed comparatively by area specialists and participant-observers from development assistance organizations. This book is the first systematic effort to evaluate this dimension of international affairs--and to propose remedies. Case studies include Russia, Ecuador, Sri Lanka, and Kenya, with references to many other national experiences. Cross-cutting chapters consider evolution of USAID and the World Bank's policies on displacement of people by development projects, as well as how carrots and sticks may affect ethnic dynamics, but through different mechanisms and to varying degrees depending on political dynamics and regime behaviors. They show that projects may also exacerbate ethnic conflict by reinforcing territoriality and exposing seemingly unfair allocative principles that exclude or harm some while benefiting others. For students of international political economy, development studies, comparative politics, and ethnic conflict, this book illuminates a problem area that has long been overlooked in international affairs literature. It is essential reading for staff members and policymakers in development assistance agencies and international financial institutions. Milton J. Esman is the John S. Knight Professor of International Studies, Emeritus, and Professor of Government, Emeritus, at Cornell University. Ronald J. Herring is Director of the Mario Einaudi Center for International Studies at Cornell, the John S. Knight Professor of International Relations, and Professor of Government at Cornell University.
An Uncensored History of a Conservation Icon
The journals of early maritime explorers traversing the Atlantic Ocean often describe swarms of sea turtles, once a plentiful source of food. Many populations had been decimated by the 1950s, when Archie Carr and others raised public awareness of their plight. One species, the green turtle, has been the most heavily exploited due to international demand for turtle products, especially green turtle soup. The species has achieved some measure of recovery due to thirty years of conservation efforts, but remains endangered. In The Case of the Green Turtle, Alison Rieser provides an unparalleled look into the way science and conservation interact by focusing on the most controversial aspect of green turtle conservation—farming. While proponents argued that farming green sea turtles would help save them, opponents countered that it encouraged a taste for turtle flesh that would lead to the slaughter of wild stocks. The clash of these viewpoints once riveted the world. Rieser relies on her expertise in ocean ecology, policy, and law to reveal how the efforts to preserve sea turtles changed marine conservation and the way we view our role in the environment. Her study of this early conservation controversy will fascinate anyone who cares about sea turtles or the oceans in which they live.