Citizens' Wealth

Citizens' Wealth PDF Author: Angela Cummine
Publisher: Yale University Press
ISBN: 030021894X
Category : Business & Economics
Languages : en
Pages : 295

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Book Description
A wide-ranging analysis of a powerful but controversial new economic tool that has rapidly eclipsed the size of the hedge fund market In 2006, Chile teemed with protesters after finance minister Andrés Velasco invested budget surpluses from the nation's historic copper boom in two Sovereign Wealth Funds. A year later, when prices plummeted and unemployment soared, Chile's government was able to stimulate recovery by drawing on the funds. State-owned investment vehicles that hold public funds in a wide range of assets, Sovereign Wealth Funds enable governments to access an unprecedented degree of wealth. Consequently, more countries are seeking to establish them. Looking at Chile, China, Australia, Singapore, and numerous other examples, including a comparative analysis of Britain and Norway's use of oil revenues, Angela Cummine tackles the key ethical questions surrounding their use, including: To whom does the wealth belong? How should the funds be managed, invested, and distributed? With sovereign funds--and media attention--continuing to grow, this is an invaluable look at a hotly debated economic issue.

Citizens' Wealth

Citizens' Wealth PDF Author: Angela Cummine
Publisher: Yale University Press
ISBN: 030021894X
Category : Business & Economics
Languages : en
Pages : 295

Get Book

Book Description
A wide-ranging analysis of a powerful but controversial new economic tool that has rapidly eclipsed the size of the hedge fund market In 2006, Chile teemed with protesters after finance minister Andrés Velasco invested budget surpluses from the nation's historic copper boom in two Sovereign Wealth Funds. A year later, when prices plummeted and unemployment soared, Chile's government was able to stimulate recovery by drawing on the funds. State-owned investment vehicles that hold public funds in a wide range of assets, Sovereign Wealth Funds enable governments to access an unprecedented degree of wealth. Consequently, more countries are seeking to establish them. Looking at Chile, China, Australia, Singapore, and numerous other examples, including a comparative analysis of Britain and Norway's use of oil revenues, Angela Cummine tackles the key ethical questions surrounding their use, including: To whom does the wealth belong? How should the funds be managed, invested, and distributed? With sovereign funds--and media attention--continuing to grow, this is an invaluable look at a hotly debated economic issue.

Wealth and Pedigree of the Wealthy Citizens of New York City

Wealth and Pedigree of the Wealthy Citizens of New York City PDF Author: Moses Yale Beach
Publisher:
ISBN:
Category : Capitalists and financiers
Languages : en
Pages : 110

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Book Description


The Wealth and Biography of the Wealthy Citizens of the City of New York

The Wealth and Biography of the Wealthy Citizens of the City of New York PDF Author: Moses Yale Beach
Publisher:
ISBN:
Category : Biography
Languages : en
Pages : 68

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Book Description


Wealth and Biography of the Wealthy Citizens of New York City

Wealth and Biography of the Wealthy Citizens of New York City PDF Author: Moses Yale Beach
Publisher:
ISBN:
Category : Capitalists and financiers
Languages : en
Pages : 42

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Book Description


The Citizen's Share

The Citizen's Share PDF Author: Joseph R. Blasi
Publisher: Yale University Press
ISBN: 0300195060
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
The idea of workers owning the businesses where they work is not new. In America’s early years, Washington, Adams, Jefferson, and Madison believed that the best economic plan for the Republic was for citizens to have some ownership stake in the land, which was the main form of productive capital. This book traces the development of that share idea in American history and brings its message to today's economy, where business capital has replaced land as the source of wealth creation.div /DIVdivBased on a ten-year study of profit sharing and employee ownership at small and large corporations, this important and insightful work makes the case that the Founders’ original vision of sharing ownership and profits offers a viable path toward restoring the middle class. Blasi, Freeman, and Kruse show that an ownership stake in a corporation inspires and increases worker loyalty, productivity, and innovation. Their book offers history-, economics-, and evidence-based policy ideas at their best./DIV

Citizen Wealth

Citizen Wealth PDF Author: Wade Rathke
Publisher: Berrett-Koehler Publishers
ISBN: 1576758745
Category : Business & Economics
Languages : en
Pages : 218

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Book Description
From the founder of ACORN, the nation's largest grassroots community organization, comes this hard-hitting blueprint for helping working families establish a solid foundation of income and assets that equals true economic security—what Wade Rathke calls citizen wealth. Through compelling stories from the trenches of local, state, and national campaigns, where hardscrabble wins and smart negotiating have produced positive economic change for millions, Rathke shows how activists, government, business, and working people can join together to make citizen wealth a major priority and a visible reality.

Memoirs and Auto-biography of Some of the Wealthy Citizens of Philadelphia, with a Fair Estimate of Their Estates-founded Upon a Knowledge of Facts. With an Appendix: Containing Particular Accounts of the Lives of Stephen Girard, Jacob Ridgway, and Obed Coleman, Obtained from Authentic Sources

Memoirs and Auto-biography of Some of the Wealthy Citizens of Philadelphia, with a Fair Estimate of Their Estates-founded Upon a Knowledge of Facts. With an Appendix: Containing Particular Accounts of the Lives of Stephen Girard, Jacob Ridgway, and Obed Coleman, Obtained from Authentic Sources PDF Author:
Publisher:
ISBN:
Category : Capitalists and financiers
Languages : en
Pages : 84

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Book Description


Citizens' Wealth

Citizens' Wealth PDF Author: Angela Cummine
Publisher: Yale University Press
ISBN: 0300222114
Category : Business & Economics
Languages : en
Pages : 295

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Book Description
In 2006, Chile teemed with protesters after finance minister Andrés Velasco invested budget surpluses from the nation’s historic copper boom in two Sovereign Wealth Funds. A year later, when prices plummeted and unemployment soared, Chile’s government was able to stimulate recovery by drawing on the funds. State-owned investment vehicles that hold public funds in a wide range of assets, Sovereign Wealth Funds enable governments to access an unprecedented degree of wealth. Consequently, more countries are seeking to establish them. Looking at Chile, China, Australia, Singapore, and numerous other examples, including a comparative analysis of Britain and Norway’s use of oil revenues, Angela Cummine tackles the key ethical questions surrounding their use, including: To whom does the wealth belong? How should the funds be managed, invested, and distributed? With sovereign funds—and media attention—continuing to grow, this is an invaluable look at a hotly debated economic issue.

The Rights and Duties of Citizens of the United States

The Rights and Duties of Citizens of the United States PDF Author: Edward Cox Mann
Publisher:
ISBN:
Category : Citizenship
Languages : en
Pages : 168

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Book Description


Andrew Carnegie Speaks to the 1%

Andrew Carnegie Speaks to the 1% PDF Author: Andrew Carnegie
Publisher: Gray Rabbit Publishing
ISBN: 9781515400387
Category : Social Science
Languages : en
Pages : 34

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Book Description
Before the 99% occupied Wall Street... Before the concept of social justice had impinged on the social conscience... Before the social safety net had even been conceived... By the turn of the 20th Century, the era of the robber barons, Andrew Carnegie (1835-1919) had already accumulated a staggeringly large fortune; he was one of the wealthiest people on the globe. He guaranteed his position as one of the wealthiest men ever when he sold his steel business to create the United States Steel Corporation. Following that sale, he spent his last 18 years, he gave away nearly 90% of his fortune to charities, foundations, and universities. His charitable efforts actually started far earlier. At the age of 33, he wrote a memo to himself, noting ..".The amassing of wealth is one of the worse species of idolatry. No idol more debasing than the worship of money." In 1881, he gave a library to his hometown of Dunfermline, Scotland. In 1889, he spelled out his belief that the rich should use their wealth to help enrich society, in an article called "The Gospel of Wealth" this book. Carnegie writes that the best way of dealing with wealth inequality is for the wealthy to redistribute their surplus means in a responsible and thoughtful manner, arguing that surplus wealth produces the greatest net benefit to society when it is administered carefully by the wealthy. He also argues against extravagance, irresponsible spending, or self-indulgence, instead promoting the administration of capital during one's lifetime toward the cause of reducing the stratification between the rich and poor. Though written more than a century ago, Carnegie's words still ring true today, urging a better, more equitable world through greater social consciousness.