Collection: Business & Economics
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Work, capitalism, and democracy
A collection of essays exploring the meaning of work, capitalism, and democracy in the past to shed light on the same conflicts todayChanges to the meaning and nature of work, capitalism, and democracy during and after the New Deal have been contested from the mid-twentieth century to the present...
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The medical metropolis
In 2008, the University of Pittsburgh Medical Centers (UPMC) hoisted its logo atop the U.S. Steel Building in downtown Pittsburgh, symbolically declaring that the era of big steel had been replaced by the era of big medicine for this once industrial city. More than 1,200 miles to the south, a sim...
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Economic development within the philadelphia metropolitan area
This book focuses on economic relationships within the eight counties in the Philadelphia Primary Metropolitan Statistical Area. Long-term economic developments, changes in socioeconomic profiles between 1960 and 1980, and patterns of employment are examined on a county by county. Special attenti...
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Post-industrial philadelphia
The fourth report of the Temple-Penn Philadelphia Economic Monitoring Project, continues the work of the Wharton Philadelphia Economic Monitoring Project, which began in 1984. This volume examines the manufacturing and service industries that have experienced employment growth in the region. Thro...
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Risk and ruin
At the time of its collapse in 2001, Enron was one of the largest companies in the world, boasting revenue of over $100 billion. During the 1990s economic boom, the Houston, Texas-based energy company had diversified into commodities and derivatives trading and many other ventures—some more legal...
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Profit theory and capitalism
The pursuit of profit by business motivates the capitalist economic system. Understanding profits, therefore, especially the source of profits, is essential to an understanding of capitalism. Mark Obrinsky claims that there has never been an adequate profit theory in mainstream economics. To find...
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Food security and scarcity
In countries that have managed to confront and cope with the challenges of food insecurity over the past two centuries, markets have done the heavy lifting. Markets serve as the arena for allocating society's scarce resources to meet the virtually unlimited needs and desires of consumers: no othe...
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Public capitalism
In modern capitalist societies, the executives of large, profit-seeking corporations have the power to shape the collective life of the communities, local and global, in which they operate. Corporate executives issue directives to employees, who are normally prepared to comply with them, and impo...
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From main street to mall
The geography of American retail has changed dramatically since the first luxurious department stores sprang up in nineteenth-century cities. Introducing light, color, and music to dry-goods emporia, these "palaces of consumption" transformed mere trade into occasions for pleasure and spectacle. ...
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Taxes on knowledge in america
In Taxes on Knowledge in America, Randall P. Bezanson explores the extent to which the publication and distribution of current public information is effected by economic exactions. The book begins with a brief overview of the English history and experience with knowledge taxes, before turning to ...
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Principles of housing finance reform
In the fall of 2008, the world watched in horror as the U.S. housing finance system shattered, triggering a global financial panic and ultimately the Great Recession. Now, nearly a decade later, the long and slow housing recovery has reached a critical moment. Though the housing finance system ha...
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Beggar thy neighbor
The practice of charging interest on loans has been controversial since it was first mentioned in early recorded history. Lending is a powerful economic tool, vital to the development of society but it can also lead to disaster if left unregulated. Prohibitions against excessive interest, or usur...
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Paying the toll
Since its opening in 1937, the Golden Gate Bridge has become an icon for the beauty and prosperity of the San Francisco Bay Area, as well as a symbol of engineering achievement. Constructing the bridge posed political and financial challenges that were at least as difficult as those faced by the ...
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How real estate developers think
Cities are always changing: streets, infrastructure, public spaces, and buildings are constantly being built, improved, demolished, and replaced. But even when a new project is designed to improve a community, neighborhood residents often find themselves at odds with the real estate developer who...
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Engineering the financial crisis
The financial crisis has been blamed on reckless bankers, irrational exuberance, government support of mortgages for the poor, financial deregulation, and expansionary monetary policy. Specialists in banking, however, tell a story with less emotional resonance but a better correspondence to the e...
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The labor relations climate and management rights in urban school systems
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Faux real
What makes genuine leather genuine? What makes real things real? In an age of virtual reality, veneers, synthetics, plastics, fakes, and knockoffs, it's hard to know.Over the centuries, men and women have devoted enormous energy to making fake things seem real. As early as the fourteenth century,...
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The weaver's craft
Cloth was one of the most important commodities in the early modern world, and colonial North Americans had to develop creative strategies to acquire it. Although early European settlers came from societies in which hand textile production was central to the economy, local conditions in North Ame...
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The business of sports agents
Successful sports agents are comfortable with high finance and intense competition for the right to represent talented players, and the most respected agents are those who can deal with the pressures of high-stakes negotiations in an honest fashion. But whereas rules and penalties govern the play...
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Food chains
In recent years, the integrity of food production and distribution has become an issue of wide social concern. The media frequently report on cases of food contamination as well as on the risks of hormones and cloning. Journalists, documentary filmmakers, and activists have had their say, but unt...
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Planning for human systems
Russell Lincoln Ackoff is a recognized authority in the field of operations research and systems theory. This volume is divided into four major sections. The first deals with Ackoff's intellectual roots in the American pragmatic tradition. The second section demonstrates how systems thinkers have...
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What caused the financial crisis
The deflation of the subprime mortgage bubble in 2006-7 is widely agreed to have been the immediate cause of the collapse of the financial sector in 2008. Consequently, one might think that uncovering the origins of subprime lending would make the root causes of the crisis obvious. That is essent...
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The american mortgage system
Successful home ownership requires the availability of appropriate mortgage products. In the years leading up to the collapse of the housing market, home buyers frequently accepted mortgages that were not only wrong for them but catastrophic for the economy as a whole. When the housing market bub...
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