As social inequality grows, historical analysis on wealth and income distribution across the 20th century often does not take into account inequality of education, health, housing and chances of social mobility, nor does it differentiate statistical inequality from the realities of peoples’ actualexperience. With this broad understanding in mind, in a long look back on the history of social inequality in Europe, The Rich and the Poor in Modern Europe addresses these neglected subjects. It also tackles the commonplace notion that modern capitalism inevitably produces wealth gaps and asks whether the facts and figures we possess also lead to alternate interpretations of examples of mitigated inequality. Covering the 20th century and the beginnings of the 21st century in Europe through wars, and economic crises, through periods of unprecedented economic prosperity and staggering economies, both exacerbating and dampening the problem, acclaimed historian Hartmut Kaelble offers a rigorous response to understanding our present-day challenge of social inequality.

As social inequality grows, historical analysis on wealth and income distribution across the 20th century often does not take into account inequality of education, health, housing and chances of social mobility, nor does it differentiate statistical inequality from the realities of peoples’ actual experience. With this broad understanding in mind, in a long look back on the history of social inequality in Europe, The Rich and the Poor in Modern Europe addresses these neglected subjects. It also tackles the commonplace notion that modern capitalism inevitably produces wealth gaps and asks whether the facts and figures we possess also lead to alternate interpretations of examples of mitigated inequality. Covering the 20th century and the beginnings of the 21st century in Europe through wars, and economic crises, through periods of unprecedented economic prosperity and staggering economies, both exacerbating and dampening the problem, acclaimed historian Hartmut Kaelble offers a rigorous response to understanding our present-day challenge of social inequality.

This ambitious collection follows the evolution of capitalism from its origins in 13th-century European towns to its 16th-century expansion into Asia, Africa and South America and on to the global capitalism of modern day. Written by distinguished historians and social scientists, the chapters examine capitalism and its critics and the level of variation and convergence in its operation across locations. The authors illuminate the aspects of capitalism that have encouraged, but also limited, social responsibility and environmental sustainability. Covering times, places and topics that have often been overlooked in the existing literature, this important contribution to the field of economic history charts the most comprehensive chronology of capitalism to date.

In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in this country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth. We cannot properly understand inequality if we focus exclusively on the distribution of wealth and ignore wealth production factors such as geography, demography, and culture. Sowell contends that liberals have a particular interest in misreading the data and chastises them for using income inequality as an argument for the welfare state. Refuting Thomas Piketty, Paul Krugman, and others on the left, Sowell draws on accurate empirical data to show that the inequality is not nearly as extreme or sensational as we have been led to believe. Transcending partisanship through a careful examination of data, Wealth, Poverty, and Politics reveals the truth about the most explosive political issue of our time.

World Inequality Report 2022 is the most authoritative and comprehensive account of global trends in inequality, providing cutting-edge information about income and wealth inequality and also pioneering data about the history of inequality, gender inequality, environmental inequalities, and trends in international tax reform and redistribution.

This book takes stock of the diverse and divergent welfare trajectories of postsocialist countries across central and eastern Europe and the former Soviet Union. Authors from different disciplines address key aspects of social protection including health care, poverty reduction measures, labor market policies, pension systems, and child welfare.

The winners of the Nobel Prize show how economics, when done right, can help us solve the thorniest social and political problems of our day. Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it. Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change--these are sources of great anxiety across the world, from New Delhi and Dakar to Paris and Washington, DC. The resources to address these challenges are there--what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable. In this revolutionary book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge, building on cutting-edge research in economics explained with lucidity and grace. Original, provocative, and urgent, Good Economics for Hard Times makes a persuasive case for an intelligent interventionism and a society built on compassion and respect. It is an extraordinary achievement, one that shines a light to help us appreciate and understand our precariously balanced world.

Economy, Society, and Public Policy is a new way to learn economics. It is designed specifically for students studying social sciences, public policy, business studies, engineering and other disciplines who want to understand how the economy works and how it can be made to work better. Topical policy problems are used to motivate learning of key concepts and methods of economics. It engages, challenges and empowers students, and will provide them with the tools to articulate reasoned views on pressing policy problems. This project is the result of a worldwide collaboration between researchers, educators, and students who are committed to bringing the socially relevant insights of economics to a broader audience.KEY FEATURESESPP does not teach microeconomics as a body of knowledge separate from macroeconomicsStudents begin their study of economics by understanding that the economy is situated within society and the biosphereStudents study problems of identifying causation, not just correlation, through the use of natural experiments, lab experiments, and other quantitative methodsSocial interactions, modelled using simple game theory, and incomplete information, modelled using a series of principal-agent problems, are introduced from the beginning. As a result, phenomena studied by the other social sciences such as social norms and the exercise of power play a roleThe insights of diverse schools of thought, from Marx and the classical economists to Hayek and Schumpeter, play an integral part in the bookThe way economists think about public policy is central to ESPP. This is introduced in Units 2 and 3, rather than later in the course.

Since 1945 Europe has experienced many periods of turmoil and conflict and as many moments of peace and integration: from the devastation felt in the aftermath of World War II to the recovery in the 1950s and 1960s; to the new challenges in the 1970s and 1980s when neoliberal policies led to fundamental social and economic changes, marked by the effects of the oil shock and widespread unemployment; and then 1989 and after when the existing world order experienced new convulsions. In this brilliant and comprehensive work, the author, one of the best known social historians of Europe, discusses a wide range of subjects, not shying away from controversial topics: family structure, work, consumption, values, migration, inequality, elites, civil society, social movements, media, welfare state, education, and urban policies. He focuses on the fundamental changes European societies underwent in the second half of the twentieth century but also explores what divides Europeans, what unites them, and what sets them apart from the rest of the world. This major historical work will be an important and highly sought-after addition for library collections as well as an important volume for course adoptions.

An empirical investigation of financial crises during the last 800 years.