Reviled as one of the worst healthcare providers in the world, the United States has among the worst indicators of health in the industrialised world, whilst paradoxically spending significantly more on its health care system than any other industrial nation.Economists Robert Chernomas and Ian Hudson explain this contradictory phenomenon as the product of the unique brand of capitalism that has developed in the US. It is this particular form of capitalism that analogously created s...

Economics has always been nicknamed the “dismal science,” but today the field seems a little more dismal than usual as governments, social movements, and even students complain that the discipline is failing to make sense of the major economic problems of the day.In Economics in the Twenty-First Century, Robert Chernomas and Ian Hudson demonstrate how today’s top young economists continue to lead the field in the wrong direction. The recent winners of the John Bates Clark ...

Examining the conditions that not only blocked attempts to make America great again but also actively made the country worse, Why America Didn’t Become Great Again identifies those organizations, institutions, politicians, and prominent characters in the forefront of the economic and social policies – ultimately asking who is responsible.The period from the late 1970s to 2020s became the best of times for America’s corporate class. As profits grew along with the wealth and...

"Claims about genetic superiority ignore the real drivers of human inequality", The Conversation, by Robert Chernomas and Ian HudsonBiological justification for all forms of inequality has a long history, with the claim that particular groups suffer disproportionately from inherited flaws of ability and character used to explain a remarkably wide va...

This book is about the transformation of America that has occurred over the past thirty-five years, as capitalist logic has expanded into previously protected spheres of life. This expansion has had devastating effects on the potential for human development. Looking at how human beings create themselves and their worlds on material foundations of health and the natural environment, through work and politics, the book chronicles how neoliberalism has limited human potential. At a time when ...

The New York Times is possibly the most influential newspaper in the world. Because of this, it has become the topic of much debate about media bias, with some claiming that it is liberal and others that it is conservative. The Gatekeeper argues that this debate is misleading and that the New York Times can more accurately be characterised as supporting the interests of US corporations, which involves both liberal and conservative positions. Through examining the paper's coverage of key is...

Part I of this book explores the economists debate over the relative costs of the two health care systems. Part II explores the debate about access and quality of outcomes in the U.S. and Canadian systems. Part III of this book incorporates surveys and debate on the U.S. and Canadian health care systems in terms of satisfaction, interest, and willingness to accept either the U.S. market-driven system or the Canadian single-payer system.

The economics profession has a lot to answer for. After the late 1970s, the ideas of influential economists have justified policies that have made the world more prone to economic crisis, remarkably less equal, more polluted and less secure than it might be. How could ideas and policies that proved to be such an abject failure come to dominate the economic landscape?By critically examining the work of the most famous economists of the neoliberal period including Alan Greenspan, Mil...

A forceful argument against America's vicious circle of growing inequality by the Nobel Prize–winning economist.The top 1 percent of Americans control 40 percent of the nation’s wealth. And, as Joseph E. Stiglitz explains, while those at the top enjoy the best health care, education, and benefits of wealth, they fail to realize that “their fate is bound up with how the other 99 percent live.”Stiglitz draws on his deep understanding of economics to show that growing inequali...

Taxes connect us to one another, to the common good, and to the future. This is a book about taxes: who pays what and who gets what. More than that, it’s about the role of government, about citizenship and our collective well-being, about the Canada we want. The contributors, leading Canadian practitioners and scholars, explore how taxes have become a political “no-go zone” and how changes in taxation are changing Canada. They challenge the view that any tax is a bad tax and provide broad ...

Our world is in the grips of the most calamitous economic crisis since the Great Depression—and its epicenter is the imperial United States, where hallowed investment banks have disappeared overnight, giants of industry have gone bankrupt, and the financial order has been shaken to the core.While many around the globe are increasingly wondering if another world is indeed possible, few are mapping out potential avenues – and flagging wrong turns – en route to a post-capitalist futur...

Libertarian principles seem basic enough -- keep government out of boardrooms, bedrooms, and wallets, and let markets work the way they should. But what reasoning justifies those stances, and how can they be elucidated clearly and applied consistently? In Libertarianism, from A to Z, acclaimed Harvard economist Jeffrey Miron sets the record straight with a dictionary that takes the reader beyond the mere surface of libertarian thought to reveal the philosophy's underlying and comp...