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Books matching: role of government in economy

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  1. 'Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism' by Ha-Joon Chang presents a compelling argument against minimalist, laissez-faire state policies advocated by neoliberals, especially in developing countries. Chang advocates for a judicious mix of market and government intervention, emphasizing the importance of nationalization and state subsidies in defending budding industries in developing nations. delves into the consequences of free trade, protectionism, and the role of corrupt governments in speeding up bureaucratic systems in poor countries.

    1 The Korean income figure is from H.-C. Lee (1999), Hankook Gyongje Tongsa [Economic History of Korea] (Bup-Moon Sa, Seoul) [in Korean], Appendix Table 1. The Ghanaian figure is from C. Kindleberger ...

  2. 'Uncommon Grounds: The History Of Coffee And How It Transformed Our World' by Mark Pendergrast delves into the rich history of coffee and its profound impact on societies globally. Readers are taken on a journey through the centuries, exploring the origins of coffee, its cultivation, trade, and consumption. Pendergrast's writing style is engaging and informative, presenting a comprehensive account of how coffee has shaped economies, cultures, and politics throughout history. not only narrates the evolution of the coffee industry but also sheds light on the social implications and controversies surrounding this beloved beverage.

    Coffee makes us severe, and grave, and philosophical. —Jonathan Swift, 1722 [Coffee causes] an excessive state of brain-excitation which becomes manifest by a remarkable loquaciousness sometimes accom...

  3. #3

    Naked Economics: Undressing the Dismal Science by Charles Wheelan
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    'Naked Economics: Undressing the Dismal Science' by Charles Wheelan is a highly accessible introduction to the complex world of economics. Through real-life examples, engaging storytelling, and a touch of humor, Wheelan breaks down fundamental economic concepts in a way that is understandable to readers without an extensive background in economics. serves as a gateway for readers to grasp economic theories, market dynamics, and the broader implications of economic decisions on society.

    Wheelan's writing style in 'Naked Economics' is praised for its ability to merge economic theory with narrative storytelling, making the subject matter both simple and interesting. Readers appreciate the book for its clear explanations, engaging anecdotes, and the way it combines humor with educational content. is described as a good starting point for those looking to understand basic economic concepts in a highly accessible manner, without getting bogged down by technical jargon or complex equations.

    In 1989, as the Berlin Wall was toppling, Douglas Ivester, head of Coca-Cola Europe (and later CEO), made a snap decision. He sent his sales force to Berlin and told them to start passing out Coke. Fr...

  4. #4

    Democracy at Work: A Cure for Capitalism by Richard D. Wolff
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    "Democracy at Work: A Cure for Capitalism" by Richard D. Wolff delves into the failures of capitalism and explores the concept of Worker Self Directed Enterprises (WSDEs) as an alternative economic system. Wolff discusses the labor surplus in capitalism, compares it to state socialism, and proposes empowering workers to appropriate and distribute the surpluses they create. addresses the autocratic effects of capitalism on society, the environmental impact of different economic systems, and the potential benefits of WSDEs in promoting worker ownership and control in businesses.

    Like all important topics, capitalism has been defined and understood quite differently by different people and groups throughout its history. That fact requires everyone using the term to be clear an...

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