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One of the most pernicious and persistent myths in the United States is the association of Black skin with poverty. Though there are forty million more poor white people than Black people, most Americans, both Republicans and Democrats, continue to think of poverty-along with issues like welfare, unemployment, and food stamps-as solely a Black problem. Why is this so? What are the historical causes? And what are the political consequences that result?These are among the questions that the Reverend Dr. William J. Barber II, a leading advocate for the rights of the poor and the "closest person we have to Dr. King" (Cornel West), addresses in White Poverty, a groundbreaking work that exposes a legacy of historical myths that continue to define both white and Black people, creating in the process what might seem like an insuperable divide. Analyzing what has changed since the 1930s, when the face of American poverty was white, Barber, along with Jonathan Wilson-Hartgrove, addresses white poverty as a hugely neglected subject that just might provide the key to mitigating racism and bringing together tens of millions of working class and impoverished Americans.Thus challenging the very definition of who is poor in America, Barber writes about the lies that prevent us from seeing the pain of poor white families who have been offered little more than their "whiteness" and angry social media posts to sustain them in an economy where the costs of housing, healthcare, and education have skyrocketed while wages have stagnated for all but the very rich. Asserting in Biblically inspired language that there should never be shame in being poor, White Poverty lifts the hope for a new "moral fusion movement" that seeks to unite people "who have been pitted against one another by politicians (and billionaires) who depend on the poorest of us not being here."Ultimately, White Poverty, a ringing work that braids poignant autobiographical recollections with astute historical analysis, contends that tens of millions of America's poorest earners, the majority of whom don't vote, have much in common, thus providing us with one of the most empathetic and visionary approaches to American poverty in decades.
Economists and the Economy seeks to explain how economic theories are formed in response to specific incidents affecting economic events. The work covers both major historical events, such as the English Civil War, the Industrial Revolution, and the Great Depression, and intellectual developments in economic thought. Among the theories examined are neoclassical growth theory and the Harrod-Domar model.
Economists and the Economy seeks to explain how economic theories are formed in response to specific incidents affecting economic events
An invigorating study of the development of systematic economic ideas
The Federation of Rhodesia and Nyasaland encompasses two distinct forms of economic organization: the western money economy introduced with European trade and settlement and the indigenous economy, based largely on traditional agriculture.
In popular imagery, Herbert Hoover is often stereotyped as a 'do-nothing' president who offered only nineteenth-century slogans for the greatest economic catastrophe in twentieth-century American history. Nothing could be further from the truth. This study examines the properties of an innovative approach to economic growth and stability formulated by Hoover and his associates during his years as secretary of commerce (1921-9) and inspects his deployment of this strategy from the White House following the Great Crash in the autumn of 1929. Attention is then focused on Hoover's attempts to reformulate his macro-economic programme as the depression deepened in late 1931 and 1932. Archival materials provide arresting insights into Hoover's aspirations for a new institution - the Reconstruction Finance Corporations - as a vehicle for stimulating investment through a novel form of 'off-budget' financing. To complement the discussion of Hoover's theories of economic policy in their various manifestations, the views of contemporary economists on problems of the day are surveyed.
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