Economic Sociology

A radically revised new edition of this highly readable, popular guide aimed at everyone from students to statesmen who want to make sense of the modern economy and grasp how economic theory works in practice. It starts with the basics, and from the underlying theory it moves to the specifics of the world economy, including an analysis of the recent recession. The closing part puts the usefulness and the failings of economics under the spotlight, and looks at the innovative approaches being developed to address these failings.

Economics has the capacity to offer us deep insights into some of the most formidable problems of life and offer solutions to them, too. Combining a global approach with examples from everyday life, Partha Dasgupta describes the lives of two children who live very different lives in different parts of the world: the Midwest USA and in Ethiopia. He compares the obstacles facing them and the processes that shape their lives, their families, and their futures. He shows how economics uncovers these processes, finds explanations for them, and how it forms policies and solutions.

In this new edition, Steve Bruce discusses the continuing arguments for social egalitarianism, considering issues such as gay marriage, women in combat roles, and the 2010 Equality Act to debunk contemporary arguments against parity. As gender divisions are increasingly questioned, he looks ahead to the likely consequences of this for society.

Capitalism has blessed the world with wealth and technological miracles. It has also cursed it with urban slums, powerless workers, and the vicious boom-and-bust economy. If only there were some way to fix the problems of capitalism and keep all its benefits. In 1897, Henry George published his solution to this puzzle, Progress and Poverty. He suggested that, unlike all other taxes, a tax on land doesn't discourage entrepreneurship. A single tax on land can raise the revenues we need to help the poor without destroying the incentive to create wealth.

This is a collection of two important economic audiobooks: Economics in Three Lessons and One Hundred Economic Laws.

Progress and Poverty by Henry George explores the paradox of increasing inequality in periods of economic growth. George proposes that land speculation is the root cause of wealth disparities, advocating for a single tax on land value to promote fairness and reduce poverty. This influential work is critical for understanding economic and social theories regarding land reform and taxation.

Hebert Spencer coined the famous expression “survival of the fittest”. Spencer’s theory inspired Andrew Carnegie and William Graham Sumner's visions of unbridled and unrepentant capitalism of the United States in late 19th century. Carnegie interpreted Spencer's social theory as justifying merciless economic competition. Spencer's reputation was not recovered for many years from the interpretative caricatures of many scholars, thus marginalizing him to the hinterlands of intellectual history. Fortunately, recent scholarship has begun restoring and repairing his legacy.

This landmark treatise by the great economist Henry George was first published in 1879. George's work became the seminal analysis of the political economy which inspired most, if not all, the prominent thinkers of the Progressive Movement and many others of great influence: Upton Sinclair, John Dewey, George Bernard Shaw, Friedrich Hayek, H. G. Wells, Clarence Darrow, and Leo Tolstoy, to name but a few. His analyses and proposals are referred to as "Georgism".

The cost of living crisis is not just about prices. It’s about distance. Distance between work and security. Distance between decisions and consequences. Distance between the people struggling to stay afloat and the systems shaping their lives. This book is not an attack on capitalism. It does not argue that wealth is immoral, that success requires apology, or that higher taxes alone will fix what feels broken. Markets work. Wealth creation matters. Incentives shape behavior.

This is volume two—what Henry George called "the Solution to the Problem". This landmark treatise by the great economist Henry George was first published in 1879. George's work became the seminal analysis of the political economy which inspired most, if not all, the prominent thinkers of the Progressive Movement and many others of great influence: Upton Sinclair, John Dewey, George Bernard Shaw, Friedrich Hayek, H. G. Wells, Clarence Darrow, and Leo Tolstoy, to name but a few. His analyses and proposals are referred to as "Georgism".

What do people in the United States and Europe think about the rich? There are several thousand books and articles on stereotypes and prejudices directed at women, people of various races or nationalities, and even the poor. In contrast, there has only been sporadic research into stereotypes about the rich, and no published comprehensive, scientific study on the topic—until now.

Many Americans, holding fast to the American Dream and the promise of equal opportunity, claim that social class doesn't matter. Yet the ways we talk and dress, our interactions with authority figures, the degree of trust we place in strangers, our religious beliefs, our achievements, our senses of morality and of ourselves all are marked by social class, a powerful factor affecting every domain of life.

American democracy depends on united support by the largest economic class in the nation—the middle class. But this class faces a crisis of internal division, threatening America’s future. If conflict continues to worsen, it could lead to violence, threatening democracy itself. Since the 1980s, the upper middle class—the affluent group just below the top one percent—has reaped far more benefit from economic growth than the rest of the class. This division has provoked anger among those without the opportunity to move up.

A critical examination of how inequality and cultural inertia hinder meaningful climate action. The challenges of climate change, like so many issues today, are not evenly distributed across social and economic lines. In this sobering exploration of the interconnected crises of climate change and social inequality, William M. Epstein examines how entrenched cultural values and systemic inequities thwart meaningful climate action, driving humanity closer to catastrophic consequences.

We face a crisis of sexuality. During the last few years, we have witnessed an unprecedented breakdown of traditions and mores concerning sexuality and the family. Countries across the West have suddenly and seemingly irrevocably instituted same-sex marriage; a former athlete has won awards for publicly changing gender; and no one seems to know what restroom to use any more. What used to be taboo and frowned upon has become normal and even encouraged. What used to be normal and sought after is now viewed as unnecessary and possibly harmful.

What explains the growing class divide between the well-educated and everybody else? Noted author Brink Lindsey, a senior scholar at the Kauffman Foundation, argues that it's because economic expansion is creating an increasingly complex world in which only a minority with the right knowledge and skills - the right "human capital" - reap the majority of the economic rewards. The complexity of today's economy is not only making these lucky elites richer - it is also making them smarter.