Steven Rosefielde

Russia and the West after Crimea's Annexation

Kremlin Strikes Back

Daniel Quinn Mills

The global financial crisis of 2008 was resolved over the course of two years after the collapse of the US housing bubble, but the world economy did not vigorously rebound as expected. The West has been torpid, while Asian economic vitality has steadily waned. These developments have been diversely interpreted and authorities have responded with a series of institutional reforms and policy fixes, without coming to grips with accumulating national debts, the kinds of speculative practices that caused the financial crisis, and the inadequacies of neoclassical and Keynesian macroeconomic explanations. Global Economic Turmoil and the Public Good presents the cumulative research of both authors. It updates the readers on global economic developments since 2008, while providing a concise, yet comprehensive survey of the causes and protracted consequences of the 2008 financial crisis. The book explains the global financial disequilibrium and catastrophic crisis risks; surveys and appraises institutional reforms designed to reinvigorate growth and ameliorate financial crisis risk; and proposes specific actions which will prevent another global financial crisis and its economic fallout. Contents:Global Economic Turmoil:Playing with FireIgnoring Today's DangersInsider DemocracySqueezing the Middle ClassLiberalization for the PrivilegedEast–West PolarizationDegeneration, Crisis and DisorderObstacles to Crisis Prevention:Words Instead of ActionTreadmill of RegulationMacroeconomic MiasmaDogmatismPipe DreamsDoublethinkFramework for Sustainable Prosperity:The Importance of Inclusive Economic TheoryBreaking Vicious CyclesLesser EvilProspects Readership: General public, students (undergraduates and postgraduates), policymakers and professionals interested in understanding the 2008 financial crisis and how to prevent future ones. Key Features:Adds value by crystalizing the epochal significance of the crisis (global sclerosis)Examines the largely overlooked causes of “ideocracy”, “politicracy” and supranationality, offering a fresh explanation of the causes of post-2008 global economic sclerosisParses new developments in macroeconomic theory intended both to explain the post-crisis economic sclerosis and assess future financial crisis riskIncorporates these novel factors in a new inclusive economic theoryKeywords:Global Economic Crisis;Global Financial Crisis;Crisis Prevention;Global Economic Sclerosis;European Union;Monetary Union;Fiscal Union;United States;China;India;Japan;Monetary Policy;Keynesianism;Central Banking;Fiscal Policy

Global Economic Turmoil and the Public Good

Democracy and its Elected Enemies reveals that American politicians have usurped their constitutional authority, substituting their economic and political sovereignty for the people's. This has been accomplished by creating an enormous public service sector operating in the material interest of politicians themselves and of their big business and big social advocacy confederates to the detriment of workers, the middle class and the non-political rich, jeopardizing the nation's security in the process. Steven Rosefielde and Daniel Quinn Mills contend that this usurpation is the source of America's economic decline and fading international power, and provide an action plan for restoring 'true' democracy in which politicians only provide the services people vote for within the civil and property rights protections set forth in the constitution.

American Political Capture and Economic Decline

Democracy and its Elected Enemies

This book is about a choice President Biden must make that will determine the future of America. His choice is between being a partisan politician or a non-partisan statesman. However, to be a statesman, he must contend with the progressive wing of his party. Today's progressives have become revolutionaries whose purpose is to remake America by canceling their opponents. Biden has a tiger by the tail. As in all such situations, the problem is how to let go. In this book, we suggest how Biden can free himself from the danger posed by the progressives and simultaneously benefit America dramatically.

America's Future: Biden And The Progressives

Donald Trump has called for a turnaround in the foreign policy of the United States (US). A key reason is that US foreign engagements have in recent decades proved of little benefit to the US middle and working classes. Trump's opponents have challenged him to prove that he can offer a better alternative to the foreign policy which has been pursued by the US since the Second World War. This volume shows that a sane US foreign policy that adjusts US postwar trajectory can be accomplished if leaders have the courage and integrity to do so. The principles and many details of an alternative policy based on democratic nationalism are described in this book. Democratic nationalism presumes that the US is a large family in which the needs of members of the family have a certain legitimate priority over those of people abroad. While Donald Trump has raised the level of discussion of these ideas in US public life, he does not have a monopoly on them. The shifts in the US foreign policy which are envisioned in this book can be made by any president and any political party. The shifts and the considerations which motivate them are deserving of careful attention by any US chief executive. This is not a Republican agenda, nor a Democratic one. We believe that it is a US agenda.

The Trump Phenomenon and the Future of US Foreign Policy

Underestimating the Soviet Arms Buildup : an Appraisal of the CIA's Direct Costing Effort, 1960-1985

False Science

Comparative Economic Systems: Culture, Wealth and Power in the 21st Century explains how culture, in various guises, modifies the standard rules of economic engagement, creating systems that differ markedly from those predicted by the theory of general market competition. This analysis is grounded in established principles, but also assumes that individual utility seeking may be culturally determined, that political goals may take precedence over public well being, and that business misconduct may be socially detrimental.

Culture, Wealth, and Power in the 21st Century

Comparative Economic Systems

As a new president takes over in Washington, three intertwined threats imperil the world. One is internal. The others are external. The internal threat is a potent and increasingly anti-patriotic, anti-competitive, anti-meritocratic, and sky-is-the-limit federal deficit spending political current that is simultaneously diminishing and destabilizing American and global economic vitality. The two major external threats are the rising military power of Russia, China, North Korea, and Iran and a global economic malaise sowing the seeds of discontent. America's role in containing the spread of new wave authoritarianism, and fostering competitiveness and global prosperity is critical, but domestic politics is preventing the Biden administration from adequately responding to these challenges. Biden's America is adrift. America is key to the survival of the free world. America is currently a beleaguered superpower. This book is possibly the first to address the politics shaping the likely course of America's new president in world affairs. It is politics, not idealist and realist abstractions, which determine international security. The world is concerned about what course Biden will take and the likely consequences. It will be the most carefully researched of such books. The book deals explicitly and extensively with issues such as spreading authoritarianism, the emerging new Cold War, global growth retardation, civic discord, economic sanctions, arms control, soft power and the deteriorating correlation of forces. The China weapons section of the book draws from the latest assessment made by the American Department of Defense. The book also includes a section on China's new technology generating innovation model and a chapter on Covid-19.

Biden's America Adrift

Beleaguered Superpower

D. Quinn Mills

Assesses the forces that will buffet the United States and the global order through 2050.

American Leadership in the Media Age

Masters of Illusion

Twentieth and twenty-first century communism is a failed experiment in social engineering that needlessly killed approximately 60 million people and perhaps tens of millions more. These high crimes against humanity constitute a Red Holocaust that exceeds the combined carnage of the French Reign of Terror, Ha Shoah, Showa Japan's Asian holocaust, and all combat deaths in World War I and II. This fascinating book investigates high crimes against humanity in the Soviet Union, eastern and central Europe, North Korea, China, Vietnam, Laos and Cambodia 1929-2009, and compares the results with Ha Shoah and the Japanese Asian Holocaust. As in other studies, blame is ascribed to political, ideological and personal causes, but special emphasis is given to internal contradictions in Marx's utopian model as well as Stalinist and post-Stalinist transition systems concocted to realize communist ends. This faulty economic engineering forms a bridge to the larger issue of communism's historical failure. The book includes: - a comprehensive study of the transcommunist holocaust - a judicial assessment of holocaust culpability and special pleadings - an obituary for Stalinism everywhere except North Korea, and a death watch for contemporary communism in China, Vietnam, Laos, Cambodia, North Korea, Cuba and Nepal - a comparative assessment of totalitarian high crimes against humanity - a call for memory as a defense against recurrent economic, racial and ethnic holocausts The book will be useful to undergraduate and higher level students interested in Russian history, Stalism, communism, North and South Korean economic performance and international affairs. Steven Rosefielde is a Professor of Economics at the University of North Carolina, Chapel Hill and a member of the Russian Academy of Natural Sciences.

Steven Rosefielde

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