Suchergebnisse

The orthodox view of economic policy holds that public deliberation sets the goals or ends, and then experts select the means to implement these goals. This assumes that experts are no more than trustworthy servants of the public interest. David M. Levy and Sandra J. Peart examine the historical record to consider cases in which experts were trusted with disastrous results, such as eugenics, the regulatory use of security ratings, and central economic planning. This history suggests that experts have not only the public interest but also their own interests to consider. The authors then recover and extend an alternative view of economic policy that subjects experts' proposals to further discussion, resulting in transparency and ensuring that the public obtains the best insights of experts in economics while avoiding pitfalls such as expert bias

Through a series of lucid and engaging exercises, readers are invited to discover healthier and more effective digital practices From email to smart phones, and from social media to Google searches, digital technologies have transformed the way we learn, entertain ourselves, socialize, and work. Despite their usefulness, these technologies have often led to information overload, stress, and distraction. In recent years many of us have begun to look at the pluses and minuses of our online lives and to ask how we might more skillfully use the tools we've developed. David M. Levy, who has lived his life between the "fast world" of high tech and the "slow world" of contemplation, offers a welcome guide to being more relaxed, attentive, and emotionally balanced, and more effective, while online. In a series of exercises carefully designed to help readers observe and reflect on their own use, Levy has readers watch themselves closely while emailing and while multitasking, and also to experiment with unplugging for a specified period. Never prescriptive, the book opens up new avenues for self-inquiry and will allow readers—in the workplace, in the classroom, and in the privacy of their homes—to make meaningful and powerful changes

We are surrounded by documents of all kinds, from receipts to letters, business memos to books, yet we rarely stop to reflect on their significance. Now, in this period of digital transition, our written forms as well as out reading and writing habits are being questioned and transformed by new technologies ad practices. What is the future of the book? Is paper about to disappear? With the Internet and World Wide Web, what will happen to libraries, copyright and education? Starting with a simple deli lunch receipt, SCROLLING FORWARD examines documents of all kinds from the perspectives of culture, history, and technology in order to show how they can work and what they say about us and the values we carry into the new age.

Here is a fact that seems to surprise many deeply learned scholars. The term "dismal science" was applied to British political economy as the 1840s ended because of its role bringing about the emancipation of West Indian slaves in the 1830s. This paper addresses the consequences that follow from our ignorance of the role of classical economic theory in the anti-racial slavery coalition of Biblical literalists and utilitarians.

Adam Smith starts his account of economic life supposing two trading individuals, and not with Robinson Crusoe alone on an island. It is a consequence of this modeling strategy that, when considering an actor's choice, the model builder automatically has access to the judgment of the spectator. Thus it is that when Smith describes the actor gambling for money, he takes into consideration the fact that the spectator will make note of unusual events. In particular, the winner of a large-number lottery will become famous. To the extent that fame is desired, the actor's decision will be influenced by the spectator's judgment. The gambling model Smith describes is an exchange between the actor–who takes risk–in return for the chance of applause from the spectator. Everything in Smith's account is an exchange; hence, we denote Smith's model as a katallactic model, thus remembering Richard Whately's suggestion to rename political economy as the science of exchange, from the Greek καταλλατειγ–to exchange.