Tag Archives: interest groups

Princes of the Yen and the Japanese Shock Doctrine

“It is better for the Bank of Japan not to attract attention and remain as quit as the forest in a rural shrine.” – Hisato Ichimada, the 18th Governor of the Bank of Japan, 1946-1954 (Werner 2003: 70) “Thanks to this … Continue reading

Video | Posted on by | Tagged , , , , , , , | Leave a comment

The European corporate elite on trial: the foundation of the Eurozone and the navigation of its crisis

“Europe’s industrial bosses oscillate between fear, anger and disbelief…. Company bosses long to yell “You’re fired!” at any number of European politicians… But a majority of Europe’s businesspeople definitely wants politicians to do more to hold the euro zone together.” (The … Continue reading

Posted in Papers | Tagged , , , , , , , , | Leave a comment

Is ‘regulatory capture’ as powerful and unpreventable as the informed consensus suggests?

Regulatory capture happens when a regulatory agency, formed to act in the public’s interest, eventually acts in ways that benefit the industry it is supposed to be regulating, rather than the public. When regulations (or lack thereof) seem to detract … Continue reading

Posted in Books | Tagged , , , , , | Leave a comment

Noam Chomsky on neoliberal semantics: “working class” vs. “middle class”

Noam Chomsky: We don’t use the term “working class” here [ in the U.S] because it’s a taboo term. You’re supposed to say “middle class,” because it helps diminish the understanding that there’s a class war going on. Read this comprehensive interview … Continue reading

Posted in Books | Tagged , , , , , , | Leave a comment

“The Moral Background: An Inquiry into the History of Business Ethics” by Gabriel Abend brings a novel conceptual depth to the important field of the sociology of morality

Investigate the history of business ethics in the United States from the 1850s to the 1930s, this fine book (open access to the introduction) examines the work of numerous business ethicists and organizations—such as Protestant ministers, business associations, journalists and … Continue reading

Posted in Books | Tagged , , , , | Leave a comment

Economists and the Powerful: Convenient Theories, Distorted Facts, Ample Rewards

This book provides an excellent and important account of the mechanics of capitalism, and demonstrates how different groups and elites consistently further their own economic interests at the expense of others. (Free access to the introduction). Journeys into intellectual and economic … Continue reading

Posted in Books | Tagged , , , , , , , , , | Leave a comment

Why are banking systems unstable in some countries–but not in others? Since 1840, the US had 12 crises; Canada had none.

Analyzing the political and banking history of the United Kingdom, the United States, Canada, Mexico, and Brazil through several centuries, “Fragile by Design” (Free access to the First chapter) demonstrates that chronic banking crises and scarce credit are not accidents … Continue reading

Posted in Books | Tagged , , , , , , , , , , , , , , | Leave a comment

“Lobbying America: The Politics of Business from Nixon to NAFTA” tells the story of the political mobilization of American business in the 1970s and 1980s.

The book traces the rise and efforts to unify the business community and promote a fiscally conservative, antiregulatory, and market-oriented policy agenda to Congress and the country at large. Arguing that business’s political involvement was historically distinctive during this period, the … Continue reading

Posted in Books | Tagged , , , , , , , , , | Leave a comment

Great Transformations: Economic Ideas and Institutional Change in the Twentieth Century

In this remarkably rigorous, original, and interesting book Mark Blyth (Brown University) argues that economic ideas are powerful political tools as used by domestic groups in order to effect change since whoever defines what the economy is, what is wrong with it, … Continue reading

Posted in Books | Tagged , , , , , | Leave a comment

The Social Construction of Free Trade: The European Union, NAFTA, and Mercosur

Francesco Duina’s The Social Construction of Free Trade: The European Union, NAFTA, and Mercosur  offers a compelling new interpretation of the proliferation of regional trade agreements (RTAs) at the end of the twentieth century. Challenging the widespread assumption that RTAs … Continue reading

Posted in Books | Tagged , , , , , , | 1 Comment