Benjamin Powell

Alex Nowrasteh

Wretched Refuse?

Robert Lawson

Do We Have to Say It Again? Socialism Sucks! Apparently we do. Because today millions of Americans—young and old—are flocking to the socialist banner and chanting, “What do we want? Socialism—the economic system that has impoverished people everywhere and resulted in the deaths of tens of millions! And when do we want it? Now!” Really? Most people seem somehow to have missed Economics 101 and don’t understand that socialism isn’t nice, cuddly government that takes care of everything for you so that you can remain an adolescent forever. No, we’ve seen it tried over and over again with catastrophic consequences. Luckily, two semi-sober economists have toured the socialist world so you don’t have to. And they’ve come back with this stunning report: Socialism Sucks! Along the way, you’ll learn: • Why the so-called Swedish model might be attractive, but sure isn’t socialism (Sweden is capitalism with a big welfare state) • How socialist Venezuela went from being the toast of liberals everywhere—Viva Venezuela!—to being just toast • Why you never see new cars in Cuba • Why no one forgets to turn out the lights in North Korea (hint: there aren’t any) • Why American socialists have no idea what socialism really is How hard it is to find good beer—or sometimes any beer at all—in socialist countries Irreverent but honest economists Robert Lawson and Benjamin Powell have all the data—and even more important, the firsthand global experience—to affirm that socialism fails to deliver on any of the utopian promises it makes and instead is very bad for your economic (and other) health. This is a book that every American who values freedom and sound economics (and good beer) needs to read.

Two Economists Drink Their Way Through the Unfree World

Socialism Sucks

The Economics of Immigration summarizes the best social science studying the actual impact of immigration, which is found to be at odds with popular fears. Greater flows of immigration have the potential to substantially increase world income and reduce extreme poverty. Existing evidence indicates that immigration slightly enhances the wealth of natives born in destination countries while doing little to harm the job prospects or reduce the wages of most of the native-born population. Similarly, although a matter of debate, most credible scholarly estimates of the net fiscal impact of current migration find only small positive or negative impacts. Importantly, current generations of immigrants do not appear to be assimilating more slowly than prior waves. Although the range of debate on the consequences of immigration is much narrower in scholarly circles than in the general public, that does not mean that all social scientists agree on what a desirable immigration policy embodies. The second half of this book contains three chapters, each by a social scientist who is knowledgeable of the scholarship summarized in the first half of the book, which argue for very different policy immigration policies. One proposes to significantly cut current levels of immigration. Another suggests an auction market for immigration permits. The third proposes open borders. The final chapter surveys the policy opinions of other immigration experts and explores the factors that lead reasonable social scientists to disagree on matters of immigration policy.

Market-Based Approaches, Social Science, and Public Policy

The Economics of Immigration

Timothy Gura

In its 13th Edition, the iconic Oral Interpretation continues to prepare students to analyze and perform literature through an accessible, step-by-step process. New selections join classic favorites, and chapters devoted to specific genres—narrative, poetry, group performance, and more—explore the unique challenges of each form. Now tighter and more focused than its predecessors, this edition highlights movements in contemporary culture—especially the contributions of social media to current communication. New writings offer advice and strategies for maximizing body and voice in performance, and enhanced devices guide novices in performance preparation.

Oral Interpretation

In its 13th Edition, the iconic Oral Interpretation continues to prepare students to analyze and perform literature through an accessible, step-by-step process. New selections join classic favorites, and chapters devoted to specific genres--narrative, poetry, group performance, and more--explore the unique challenges of each form. Now tighter and more focused than its predecessors, this edition highlights movements in contemporary culture--especially the contributions of social media to current communication. New writings offer advice and strategies for maximizing body and voice in performance, and enhanced devices guide novices in performance preparation.

Economic arguments against immigration suggest that immigrants undermine the culture, institutions, and productivity of destination countries. But is that true? Nowrasteh and Powell systematically analyze cross-country evidence and case studies of the potential negative effects of immigration on economic freedom, corruption, culture, and terrorism. They find that immigrants do not destroy the institutions responsible for prosperity and, in some cases, even improve them.

The Political Economy of Immigration and Institutions

Powell gives a listing of surviving inscriptions from his excavations in Corinth with illustrations, text, and commentary that includes nine inscriptions that likely predate Julius Caesar's rebuilding of the city in 46 BC.

Greek Inscriptions from Corinth

Professor of Economics and Director Benjamin Powell

Why do some nations become rich while others remain poor? Traditional mainstream economic growth theory has done little to answer this question—during most of the twentieth century the theory focused on models that assumed growth was a simple function of labor, capital, and technology. Through a collection of case studies from Asia and Africa to Latin America and Europe, Making Poor Nations Rich argues for examining the critical role entrepreneurs and the institutional environment of private property rights and economic freedom play in economic development. Making Poor Nations Rich begins by explaining how entrepreneurs create economic growth and why some institutional environments encourage more productive entrepreneurship than others. The volume then addresses countries and regions that have failed to develop because of barriers to entrepreneurship. Finally, the authors turn to countries that have developed by reforming their institutional environment to protect private property rights and grant greater levels of economic freedom. The overall lesson from this volume is clear: pro-market reforms are essential to promoting the productive entrepreneurship that leads to economic growth. In countries where this institutional environment is lacking, sustained economic development will remain illusive.

Entrepreneurship and the Process of Economic Development

Making Poor Nations Rich

An empirical investigation into the impact of immigration on institutions and prosperity.

This book explores how sweatshops provide the best opportunity to workers and the role they play in the process of development.

Benjamin Powell

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