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A thorough investigation of the current combination of austerity and extravagance that characterizes government spending and central bank monetary policy At the close of the 1970s, government treasuries and central banks took a vow of perpetual self-restraint. To this day, fiscal authorities fret over soaring public debt burdens, while central bankers wring their hands at the slightest sign of rising wages. As the brief reprieve of coronavirus spending made clear, no departure from government austerity will be tolerated without a corresponding act of penance. Yet we misunderstand the scope of neoliberal public finance if we assume austerity to be its sole setting. Beyond the zero-sum game of...
A major history from the Founding to our embittered present that “explains the void” (Politico) at the center of America’s political parties Featured on The Ezra Klein Show and The Weekly Show with Jon Stewart America’s political parties are hollow shells of what they could be, locked in a polarized struggle for power and unrooted as civic organizations. The Hollow Parties takes readers from the rise of mass party politics in the Jacksonian era through the years of Barack Obama and Donald Trump. Today’s parties, at once overbearing and ineffectual, have emerged from the interplay of multiple party traditions that reach back to the Founding. Daniel Schlozman and Sam Rosenfeld paint ...
No detailed description available for "Parties, Power, and Change".
The strange and contested evolution of the management of banking risk Banks in America are private institutions with private shareholders, boards of directors, profit motives, customers, and competitors. And yet the public plays a key role in deciding what risks are taken as well as how, when, and to what end. Public-private negotiations over financial governance has evolved into an essential ecosystem of banking risk management. In Private Finance, Public Power, Peter Conti-Brown and Sean Vanatta offer a new history of finance and public policy in the United States by examining the idiosyncratic way the nation manages financial risk across the public-private divide. Covering two centuries, ...
Vast fortunes grew out of the party system during the Gilded Age. In New York, party leaders experimented with novel ways to accumulate capital for political competition and personal business. Partisans established banks. They drove a speculative frenzy in finance, real estate, and railroads. And they built empires that stretched from mining to steamboats, and from liquor distilleries to newspapers. Control over political property—party organizations, public charters, taxpayer subsidies, and political offices—served to form governing coalitions, and to mobilize voting blocs. In Electoral Capitalism, Jeffrey D. Broxmeyer reappraises the controversy over wealth inequality, and why this per...
The idea for this volume was conceived during a discussion in the hallway at a conference in early 1990. "What is the best way to detect and define pluripotent hematopoietic stem cells?" was the question posed by Dr. Fritz Melchers. After discussing the pros and cons of the available assays for quite some time, it became apparent that this topic required a wider expertise and merited a larger forum. Thus, we decided to extend the discussion and to compile the results in this volume. Much to our delight. many of the pioneers of recent experimental and theoretical developments in stem cell research agreed to contribute their expertise to answer the question. These authors review both past find...
This compilation examines the defensive role of cellular and cytokine networks responding to injury, infection or inflammation of different tissue, such as the brain, epithelium, intestinal tract and respiratory tract. It covers the complex actions of diverse cytokines, including human interleukin-9, interleukin-11,