Author: Philip K. Howard
Publisher: W. W. Norton & Company
ISBN: 1324001771
Category : Political Science
Languages : en
Pages : 237
Book Description
Award-winning author Philip K. Howard lays out the blueprint for a new American society. In this brief and powerful book, Philip K. Howard attacks the failed ideologies of both parties and proposes a radical simplification of government to re-empower Americans in their daily choices. Nothing will make sense until people are free to roll up their sleeves and make things work. The first steps are to abandon the philosophy of correctness and our devotion to mindless compliance. Americans are a practical people. They want government to be practical. Washington can’t do anything practically. Worse, its bureaucracy prevents Americans from doing what’s sensible. Conservative bluster won’t fix this problem. Liberal hand-wringing won’t work either. Frustrated voters reach for extremist leaders, but they too get bogged down in the bureaucracy that has accumulated over the past century. Howard shows how America can push the reset button and create simpler frameworks focused on public goals where officials—prepare for the shock—are actually accountable for getting the job done.
Try Common Sense: Replacing the Failed Ideologies of Right and Left
Author: Philip K. Howard
Publisher: W. W. Norton & Company
ISBN: 1324001771
Category : Political Science
Languages : en
Pages : 237
Book Description
Award-winning author Philip K. Howard lays out the blueprint for a new American society. In this brief and powerful book, Philip K. Howard attacks the failed ideologies of both parties and proposes a radical simplification of government to re-empower Americans in their daily choices. Nothing will make sense until people are free to roll up their sleeves and make things work. The first steps are to abandon the philosophy of correctness and our devotion to mindless compliance. Americans are a practical people. They want government to be practical. Washington can’t do anything practically. Worse, its bureaucracy prevents Americans from doing what’s sensible. Conservative bluster won’t fix this problem. Liberal hand-wringing won’t work either. Frustrated voters reach for extremist leaders, but they too get bogged down in the bureaucracy that has accumulated over the past century. Howard shows how America can push the reset button and create simpler frameworks focused on public goals where officials—prepare for the shock—are actually accountable for getting the job done.
Publisher: W. W. Norton & Company
ISBN: 1324001771
Category : Political Science
Languages : en
Pages : 237
Book Description
Award-winning author Philip K. Howard lays out the blueprint for a new American society. In this brief and powerful book, Philip K. Howard attacks the failed ideologies of both parties and proposes a radical simplification of government to re-empower Americans in their daily choices. Nothing will make sense until people are free to roll up their sleeves and make things work. The first steps are to abandon the philosophy of correctness and our devotion to mindless compliance. Americans are a practical people. They want government to be practical. Washington can’t do anything practically. Worse, its bureaucracy prevents Americans from doing what’s sensible. Conservative bluster won’t fix this problem. Liberal hand-wringing won’t work either. Frustrated voters reach for extremist leaders, but they too get bogged down in the bureaucracy that has accumulated over the past century. Howard shows how America can push the reset button and create simpler frameworks focused on public goals where officials—prepare for the shock—are actually accountable for getting the job done.
Not Accountable
Author: Philip K. Howard
Publisher: Simon and Schuster
ISBN: 1957588128
Category : Political Science
Languages : en
Pages : 209
Book Description
“Elected leaders come and go, but public unions just say no.” Hiding in plain sight is a fatal defect of modern democracy. Public employee unions have a death grip on the operating machinery of government. Schools can’t work, bad cops can’t be fired, and politicians sell their souls for union support. With this searing five-point indictment, Philip K. Howard argues that union controls have disempowered elected executives and should be unconstitutional. Union power in government happened almost by accident in the 1960s, ostensibly to give public unions the same bargaining rights as trade unions. But government bargaining is not about dividing profits, but making political choices about public priorities. Moreover, the political nature of decision-making allowed unions to provide campaign support to friendly officials. Public bargaining became collusive. The unions brag about it: “We elect our own bosses.” Sitting on both sides of the bargaining table has allowed public unions to turn the democratic hierarchy upside down. Elected officials answer to public employees. Basic tools of good government have been eliminated. There’s no accountability, detailed union entitlements make government largely unmanageable and unaffordable, and public policies are driven by what is good for public employees, not what is good for the public. Public unions keep it that way by brute political force—harnessing the huge cohort of public employees into a political force dedicated to preventing the reform of government. The solution, Howard argues, is not political but constitutional. America’s republican form of government requires an executive branch that is empowered to implement public policies, not one shackled to union controls. Public employees have a fiduciary duty to serve the public and should not be allowed to organize politically to harm the public. This short book could unlock a door to fixing a broken democracy. Common Good (www.commongood.org) is a nonpartisan reform coalition to simplify government and restore common sense in daily decisions. It proposes a new governing vision: replace red tape with individual accountability. Its Founder and Chair is lawyer and author Philip K. Howard.
Publisher: Simon and Schuster
ISBN: 1957588128
Category : Political Science
Languages : en
Pages : 209
Book Description
“Elected leaders come and go, but public unions just say no.” Hiding in plain sight is a fatal defect of modern democracy. Public employee unions have a death grip on the operating machinery of government. Schools can’t work, bad cops can’t be fired, and politicians sell their souls for union support. With this searing five-point indictment, Philip K. Howard argues that union controls have disempowered elected executives and should be unconstitutional. Union power in government happened almost by accident in the 1960s, ostensibly to give public unions the same bargaining rights as trade unions. But government bargaining is not about dividing profits, but making political choices about public priorities. Moreover, the political nature of decision-making allowed unions to provide campaign support to friendly officials. Public bargaining became collusive. The unions brag about it: “We elect our own bosses.” Sitting on both sides of the bargaining table has allowed public unions to turn the democratic hierarchy upside down. Elected officials answer to public employees. Basic tools of good government have been eliminated. There’s no accountability, detailed union entitlements make government largely unmanageable and unaffordable, and public policies are driven by what is good for public employees, not what is good for the public. Public unions keep it that way by brute political force—harnessing the huge cohort of public employees into a political force dedicated to preventing the reform of government. The solution, Howard argues, is not political but constitutional. America’s republican form of government requires an executive branch that is empowered to implement public policies, not one shackled to union controls. Public employees have a fiduciary duty to serve the public and should not be allowed to organize politically to harm the public. This short book could unlock a door to fixing a broken democracy. Common Good (www.commongood.org) is a nonpartisan reform coalition to simplify government and restore common sense in daily decisions. It proposes a new governing vision: replace red tape with individual accountability. Its Founder and Chair is lawyer and author Philip K. Howard.
Debating Reform
Author: Richard J. Ellis
Publisher: CQ Press
ISBN: 1544390602
Category : Political Science
Languages : en
Pages : 280
Book Description
Getting students away from spouting opinions about highly-charged partisan issues, Debating Reform, Fourth Edition looks at key questions about reforming political institutions, with contributed pieces written by top scholars specifically for the volume. Each pro or con essay considers a concrete proposal for reforming the political system. By focusing on institutions, rather than liberal or conservative public policies, students tend to leave behind ideology and grapple with claims and evidence to draw their own conclusions and build their own arguments. Students will explore how institutions work in their American government text, but this reader helps them to understand how they can be made to work better.
Publisher: CQ Press
ISBN: 1544390602
Category : Political Science
Languages : en
Pages : 280
Book Description
Getting students away from spouting opinions about highly-charged partisan issues, Debating Reform, Fourth Edition looks at key questions about reforming political institutions, with contributed pieces written by top scholars specifically for the volume. Each pro or con essay considers a concrete proposal for reforming the political system. By focusing on institutions, rather than liberal or conservative public policies, students tend to leave behind ideology and grapple with claims and evidence to draw their own conclusions and build their own arguments. Students will explore how institutions work in their American government text, but this reader helps them to understand how they can be made to work better.
The Death of Common Sense
Author: Philip K. Howard
Publisher: Random House Trade Paperbacks
ISBN: 0812982746
Category : Law
Languages : en
Pages : 258
Book Description
NEW YORK TIMES BESTSELLER “We need a new idea of how to govern. The current system is broken. Law is supposed to be a framework for humans to make choices, not the replacement for free choice.” So notes Philip K. Howard in the new Afterword to his explosive manifesto The Death of Common Sense. Here Howard offers nothing less than a fresh, lucid, practical operating system for modern democracy. America is drowning—in law, lawsuits, and nearly endless red tape. Before acting or making a decision, we often abandon our best instincts. We pause, we worry, we equivocate, and then we divert our energy into trying to protect ourselves. Filled with one too many examples of bureaucratic overreach, The Death of Common Sense demonstrates how we—and our country—can at last get back on track.
Publisher: Random House Trade Paperbacks
ISBN: 0812982746
Category : Law
Languages : en
Pages : 258
Book Description
NEW YORK TIMES BESTSELLER “We need a new idea of how to govern. The current system is broken. Law is supposed to be a framework for humans to make choices, not the replacement for free choice.” So notes Philip K. Howard in the new Afterword to his explosive manifesto The Death of Common Sense. Here Howard offers nothing less than a fresh, lucid, practical operating system for modern democracy. America is drowning—in law, lawsuits, and nearly endless red tape. Before acting or making a decision, we often abandon our best instincts. We pause, we worry, we equivocate, and then we divert our energy into trying to protect ourselves. Filled with one too many examples of bureaucratic overreach, The Death of Common Sense demonstrates how we—and our country—can at last get back on track.
Noise
Author: Daniel Kahneman
Publisher: Little, Brown
ISBN: 031645138X
Category : Business & Economics
Languages : en
Pages : 429
Book Description
From the Nobel Prize-winning author of Thinking, Fast and Slow and the coauthor of Nudge, a revolutionary exploration of why people make bad judgments and how to make better ones—"a tour de force” (New York Times). Imagine that two doctors in the same city give different diagnoses to identical patients—or that two judges in the same courthouse give markedly different sentences to people who have committed the same crime. Suppose that different interviewers at the same firm make different decisions about indistinguishable job applicants—or that when a company is handling customer complaints, the resolution depends on who happens to answer the phone. Now imagine that the same doctor, the same judge, the same interviewer, or the same customer service agent makes different decisions depending on whether it is morning or afternoon, or Monday rather than Wednesday. These are examples of noise: variability in judgments that should be identical. In Noise, Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein show the detrimental effects of noise in many fields, including medicine, law, economic forecasting, forensic science, bail, child protection, strategy, performance reviews, and personnel selection. Wherever there is judgment, there is noise. Yet, most of the time, individuals and organizations alike are unaware of it. They neglect noise. With a few simple remedies, people can reduce both noise and bias, and so make far better decisions. Packed with original ideas, and offering the same kinds of research-based insights that made Thinking, Fast and Slow and Nudge groundbreaking New York Times bestsellers, Noise explains how and why humans are so susceptible to noise in judgment—and what we can do about it.
Publisher: Little, Brown
ISBN: 031645138X
Category : Business & Economics
Languages : en
Pages : 429
Book Description
From the Nobel Prize-winning author of Thinking, Fast and Slow and the coauthor of Nudge, a revolutionary exploration of why people make bad judgments and how to make better ones—"a tour de force” (New York Times). Imagine that two doctors in the same city give different diagnoses to identical patients—or that two judges in the same courthouse give markedly different sentences to people who have committed the same crime. Suppose that different interviewers at the same firm make different decisions about indistinguishable job applicants—or that when a company is handling customer complaints, the resolution depends on who happens to answer the phone. Now imagine that the same doctor, the same judge, the same interviewer, or the same customer service agent makes different decisions depending on whether it is morning or afternoon, or Monday rather than Wednesday. These are examples of noise: variability in judgments that should be identical. In Noise, Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein show the detrimental effects of noise in many fields, including medicine, law, economic forecasting, forensic science, bail, child protection, strategy, performance reviews, and personnel selection. Wherever there is judgment, there is noise. Yet, most of the time, individuals and organizations alike are unaware of it. They neglect noise. With a few simple remedies, people can reduce both noise and bias, and so make far better decisions. Packed with original ideas, and offering the same kinds of research-based insights that made Thinking, Fast and Slow and Nudge groundbreaking New York Times bestsellers, Noise explains how and why humans are so susceptible to noise in judgment—and what we can do about it.
The Rule of Nobody
Author: Philip K Howard
Publisher: National Geographic Books
ISBN: 0393350754
Category : Law
Languages : en
Pages : 0
Book Description
The secret to good government is a question no one in Washington is asking: “What’s the right thing to do?” What’s wrong in Washington is deeper than you think. Yes, there’s gridlock, polarization, and self-dealing. But hidden underneath is something bigger and more destructive. It’s a broken governing system. From that comes wasteful government, rising debt, failing schools, expensive health care, and economic hardship. Rules have replaced leadership in America. Bureaucracy, regulation, and outmoded law tie our hands and confine policy choices. Nobody asks, “What’s the right thing to do here?” Instead, they wonder, “What does the rule book say?” There’s a fatal flaw in America’s governing system—trying to decree correctness through rigid laws will never work. Public paralysis is the inevitable result of the steady accretion of detailed rules. America is now run by dead people—by political leaders from the past who enacted mandatory programs that churn ahead regardless of waste, irrelevance, or new priorities. America needs to radically simplify its operating system and give people—officials and citizens alike—the freedom to be practical. Rules can’t accomplish our goals. Only humans can get things done. In The Rule of Nobody Philip K. Howard argues for a return to the framers’ vision of public law—setting goals and boundaries, not dictating daily choices. This incendiary book explains how America went wrong and offers a guide for how to liberate human ingenuity to meet the challenges of this century.
Publisher: National Geographic Books
ISBN: 0393350754
Category : Law
Languages : en
Pages : 0
Book Description
The secret to good government is a question no one in Washington is asking: “What’s the right thing to do?” What’s wrong in Washington is deeper than you think. Yes, there’s gridlock, polarization, and self-dealing. But hidden underneath is something bigger and more destructive. It’s a broken governing system. From that comes wasteful government, rising debt, failing schools, expensive health care, and economic hardship. Rules have replaced leadership in America. Bureaucracy, regulation, and outmoded law tie our hands and confine policy choices. Nobody asks, “What’s the right thing to do here?” Instead, they wonder, “What does the rule book say?” There’s a fatal flaw in America’s governing system—trying to decree correctness through rigid laws will never work. Public paralysis is the inevitable result of the steady accretion of detailed rules. America is now run by dead people—by political leaders from the past who enacted mandatory programs that churn ahead regardless of waste, irrelevance, or new priorities. America needs to radically simplify its operating system and give people—officials and citizens alike—the freedom to be practical. Rules can’t accomplish our goals. Only humans can get things done. In The Rule of Nobody Philip K. Howard argues for a return to the framers’ vision of public law—setting goals and boundaries, not dictating daily choices. This incendiary book explains how America went wrong and offers a guide for how to liberate human ingenuity to meet the challenges of this century.
A Leader's Guide to Giving a Memorable Speech
Author: Donald J. Palmisano
Publisher: Simon and Schuster
ISBN: 1510755357
Category : Business & Economics
Languages : en
Pages : 219
Book Description
Expert advice on delivering an unforgettable, stirring talk or lecture! “Highly readable, immediately useful and deeply enjoyable!” —John J. Nance, Aviation Analyst , ABC World News “Insights on avoiding panic and other pitfalls, the use of rhetorical devices, and how to wow audiences from this masterful speaker who has done over 1000 speeches and interviews.” —John N. Kennedy, United States Senator for Louisiana A good leader must be intelligent, charismatic, strong, and inspiring. A good leader must stir passion and instill knowledge in the minds of followers, whether in the field of business, medicine, politics, sports, or entertainment. A memorable speech is a powerful tool for demonstrating leadership and inspiring listeners for years to come. You can give a stirring, memorable speech, and be seen as a real leader, and Donald J. Palmisano can help you. Here Palmisano shares proven tips on delivering an inspiring and motivating speech. Drawing from his popular seminar at Tulane University School of Medicine and over 1,000 speeches and interviews, Dr. Palmisano teaches readers how to: Use rhetorical devices effectively Stay on message Practice delivery Glean lessons from great speeches of powerful leaders from the past, such as Cicero, Winston Churchill, Dr. Martin Luther King, Jr., and Ronald Reagan Organize speeches to emphasize the message Weave in stories that are unforgettable And more! If you are a professor or teacher, if you are a CEO or manager, if you are thinking of running for office or trying to raise money, then A Leader's Guide to Giving a Memorable Speech belongs on your bookshelf. It's a great gift for anyone with aspirations of teaching, leading, or managing.
Publisher: Simon and Schuster
ISBN: 1510755357
Category : Business & Economics
Languages : en
Pages : 219
Book Description
Expert advice on delivering an unforgettable, stirring talk or lecture! “Highly readable, immediately useful and deeply enjoyable!” —John J. Nance, Aviation Analyst , ABC World News “Insights on avoiding panic and other pitfalls, the use of rhetorical devices, and how to wow audiences from this masterful speaker who has done over 1000 speeches and interviews.” —John N. Kennedy, United States Senator for Louisiana A good leader must be intelligent, charismatic, strong, and inspiring. A good leader must stir passion and instill knowledge in the minds of followers, whether in the field of business, medicine, politics, sports, or entertainment. A memorable speech is a powerful tool for demonstrating leadership and inspiring listeners for years to come. You can give a stirring, memorable speech, and be seen as a real leader, and Donald J. Palmisano can help you. Here Palmisano shares proven tips on delivering an inspiring and motivating speech. Drawing from his popular seminar at Tulane University School of Medicine and over 1,000 speeches and interviews, Dr. Palmisano teaches readers how to: Use rhetorical devices effectively Stay on message Practice delivery Glean lessons from great speeches of powerful leaders from the past, such as Cicero, Winston Churchill, Dr. Martin Luther King, Jr., and Ronald Reagan Organize speeches to emphasize the message Weave in stories that are unforgettable And more! If you are a professor or teacher, if you are a CEO or manager, if you are thinking of running for office or trying to raise money, then A Leader's Guide to Giving a Memorable Speech belongs on your bookshelf. It's a great gift for anyone with aspirations of teaching, leading, or managing.
Everyday Freedom
Author: Philip K. Howard
Publisher: Rodin Books + ORM
ISBN: 1957588217
Category : Political Science
Languages : en
Pages : 76
Book Description
“America is in a self-reinforcing spiral of decreasing trust, confidence, and capability. [Howard] shows us how to break out of it . . . short, clear, passionate.” —Jonathan Haidt, New York Times-bestselling author of The Righteous Mind Something basic is missing in our culture. Americans know it. Nothing much works as it should. Simple daily choices seem impossible, or fraught with peril. In the workplace, we walk on eggshells. Big projects—say, modernizing infrastructure—get stalled in years of review. Endemic social problems such as homelessness become, well, more endemic. Yet there’s a glaring vacuum in the 2024 political debate—no party or candidate offers a governing vision that deals with the root causes of alienation and failure. Everyday Freedom pinpoints the source of powerlessness that is fraying American culture and causing public failure, and offers a bold vision of simpler governing frameworks to re-empower Americans in their daily choices. It diagnoses our collective futility as resulting from the assault on authority after the 1960s that, aimed at enhancing freedom, instead created a plague of powerlessness. The teacher in the classroom, the principal in a school, the nurse in the hospital, the official in Washington, the parent on a field trip, the head of a local charity or church . . . all have their hands tied. Who has a vision to revive hope and action? Not political leaders, who are picking the scab of resentment while social media gets rich selling distrust. (Stop the Steal! Defund the Police!) Everyday Freedom, in the tradition of Thomas Paine’s ”Common Sense,” offers a radical vision for change: Re-empower Americans in their everyday choices. Nothing will work sensibly until Americans are free to draw on their skills, intuitions, and values when confronting daily challenges. This is the only cure to alienation—and the only way to deliver good government. Embraced by some of America’s leading economists, jurists, social psychologists, and philosophers, Philip Howard’s understanding of the essential role of human agency is the key to making America a fully functioning democracy again—a place where problems can be solved and positive progress can be made.
Publisher: Rodin Books + ORM
ISBN: 1957588217
Category : Political Science
Languages : en
Pages : 76
Book Description
“America is in a self-reinforcing spiral of decreasing trust, confidence, and capability. [Howard] shows us how to break out of it . . . short, clear, passionate.” —Jonathan Haidt, New York Times-bestselling author of The Righteous Mind Something basic is missing in our culture. Americans know it. Nothing much works as it should. Simple daily choices seem impossible, or fraught with peril. In the workplace, we walk on eggshells. Big projects—say, modernizing infrastructure—get stalled in years of review. Endemic social problems such as homelessness become, well, more endemic. Yet there’s a glaring vacuum in the 2024 political debate—no party or candidate offers a governing vision that deals with the root causes of alienation and failure. Everyday Freedom pinpoints the source of powerlessness that is fraying American culture and causing public failure, and offers a bold vision of simpler governing frameworks to re-empower Americans in their daily choices. It diagnoses our collective futility as resulting from the assault on authority after the 1960s that, aimed at enhancing freedom, instead created a plague of powerlessness. The teacher in the classroom, the principal in a school, the nurse in the hospital, the official in Washington, the parent on a field trip, the head of a local charity or church . . . all have their hands tied. Who has a vision to revive hope and action? Not political leaders, who are picking the scab of resentment while social media gets rich selling distrust. (Stop the Steal! Defund the Police!) Everyday Freedom, in the tradition of Thomas Paine’s ”Common Sense,” offers a radical vision for change: Re-empower Americans in their everyday choices. Nothing will work sensibly until Americans are free to draw on their skills, intuitions, and values when confronting daily challenges. This is the only cure to alienation—and the only way to deliver good government. Embraced by some of America’s leading economists, jurists, social psychologists, and philosophers, Philip Howard’s understanding of the essential role of human agency is the key to making America a fully functioning democracy again—a place where problems can be solved and positive progress can be made.
Forward
Author: Andrew Yang
Publisher: Crown
ISBN: 0593238672
Category : Biography & Autobiography
Languages : en
Pages : 369
Book Description
NATIONAL BESTSELLER • A lively and bold blueprint for moving beyond the “era of institutional failure” by transforming our outmoded political and economic systems to be resilient to twenty-first-century problems, from the popular entrepreneur, bestselling author, and political truth-teller “A vitally important book.”—Mark Cuban Despite being written off by the media, Andrew Yang’s shoestring 2020 presidential campaign—powered by his proposal for a universal basic income of $1,000 a month for all Americans—jolted the political establishment, growing into a massive, diverse movement. In Forward, Yang reveals that UBI and the threat of job automation are only the beginning, diagnosing how a series of cascading problems within our antiquated systems keeps us stuck in the past—imperiling our democracy at every level. With America’s stagnant institutions failing to keep pace with technological change, we grow more polarized as tech platforms supplant our will while feasting on our data. Yang introduces us to the various “priests of the decline” of America, including politicians whose incentives have become divorced from the people they supposedly serve. The machinery of American democracy is failing, Yang argues, and we need bold new ideas to rewire it for twenty-first-century problems. Inspired by his experience running for office and as an entrepreneur, and by ideas drawn from leading thinkers, Yang offers a series of solutions, including data rights, ranked-choice voting, and fact-based governance empowered by modern technology, writing that “there is no cavalry”—it’s up to us. This is a powerful and urgent warning that we must step back from the brink and plot a new way forward for our democracy.
Publisher: Crown
ISBN: 0593238672
Category : Biography & Autobiography
Languages : en
Pages : 369
Book Description
NATIONAL BESTSELLER • A lively and bold blueprint for moving beyond the “era of institutional failure” by transforming our outmoded political and economic systems to be resilient to twenty-first-century problems, from the popular entrepreneur, bestselling author, and political truth-teller “A vitally important book.”—Mark Cuban Despite being written off by the media, Andrew Yang’s shoestring 2020 presidential campaign—powered by his proposal for a universal basic income of $1,000 a month for all Americans—jolted the political establishment, growing into a massive, diverse movement. In Forward, Yang reveals that UBI and the threat of job automation are only the beginning, diagnosing how a series of cascading problems within our antiquated systems keeps us stuck in the past—imperiling our democracy at every level. With America’s stagnant institutions failing to keep pace with technological change, we grow more polarized as tech platforms supplant our will while feasting on our data. Yang introduces us to the various “priests of the decline” of America, including politicians whose incentives have become divorced from the people they supposedly serve. The machinery of American democracy is failing, Yang argues, and we need bold new ideas to rewire it for twenty-first-century problems. Inspired by his experience running for office and as an entrepreneur, and by ideas drawn from leading thinkers, Yang offers a series of solutions, including data rights, ranked-choice voting, and fact-based governance empowered by modern technology, writing that “there is no cavalry”—it’s up to us. This is a powerful and urgent warning that we must step back from the brink and plot a new way forward for our democracy.
Dynamism
Author: Edmund Phelps
Publisher: Harvard University Press
ISBN: 0674246667
Category : Business & Economics
Languages : en
Pages : 257
Book Description
Nobel Laureate Edmund Phelps and an international group of economists argue that economic health depends on the widespread presence of certain values, in particular individualism and self-expression. Nobel Laureate Edmund Phelps has long argued that the high level of innovation in the lead nations of the West was never a result of scientific discoveries plus entrepreneurship, as Schumpeter thought. Rather, modern values—particularly the individualism, vitalism, and self-expression prevailing among the people—fueled the dynamism needed for widespread, indigenous innovation. Yet finding links between nations’ values and their dynamism was a daunting task. Now, in Dynamism, Phelps and a trio of coauthors take it on. Phelps, Raicho Bojilov, Hian Teck Hoon, and Gylfi Zoega find evidence that differences in nations’ values matter—and quite a lot. It is no accident that the most innovative countries in the West were rich in values fueling dynamism. Nor is it an accident that economic dynamism in the United States, Britain, and France has suffered as state-centered and communitarian values have moved to the fore. The authors lay out their argument in three parts. In the first two, they extract from productivity data time series on indigenous innovation, then test the thesis on the link between values and innovation to find which values are positively and which are negatively linked. In the third part, they consider the effects of robots on innovation and wages, arguing that, even though many workers may be replaced rather than helped by robots, the long-term effects may be better than we have feared. Itself a significant display of creativity and innovation, Dynamism will stand as a key statement of the cultural preconditions for a healthy society and rewarding work.
Publisher: Harvard University Press
ISBN: 0674246667
Category : Business & Economics
Languages : en
Pages : 257
Book Description
Nobel Laureate Edmund Phelps and an international group of economists argue that economic health depends on the widespread presence of certain values, in particular individualism and self-expression. Nobel Laureate Edmund Phelps has long argued that the high level of innovation in the lead nations of the West was never a result of scientific discoveries plus entrepreneurship, as Schumpeter thought. Rather, modern values—particularly the individualism, vitalism, and self-expression prevailing among the people—fueled the dynamism needed for widespread, indigenous innovation. Yet finding links between nations’ values and their dynamism was a daunting task. Now, in Dynamism, Phelps and a trio of coauthors take it on. Phelps, Raicho Bojilov, Hian Teck Hoon, and Gylfi Zoega find evidence that differences in nations’ values matter—and quite a lot. It is no accident that the most innovative countries in the West were rich in values fueling dynamism. Nor is it an accident that economic dynamism in the United States, Britain, and France has suffered as state-centered and communitarian values have moved to the fore. The authors lay out their argument in three parts. In the first two, they extract from productivity data time series on indigenous innovation, then test the thesis on the link between values and innovation to find which values are positively and which are negatively linked. In the third part, they consider the effects of robots on innovation and wages, arguing that, even though many workers may be replaced rather than helped by robots, the long-term effects may be better than we have feared. Itself a significant display of creativity and innovation, Dynamism will stand as a key statement of the cultural preconditions for a healthy society and rewarding work.