front cover of Unbound
Unbound
How Inequality Constricts Our Economy and What We Can Do about It
Heather Boushey
Harvard University Press, 2019

A Financial Times Book of the Year

“The strongest documentation I have seen for the many ways in which inequality is harmful to economic growth.”
—Jason Furman

“A timely and very useful guide…Boushey assimilates a great deal of recent economic research and argues that it amounts to a paradigm shift.”
—New Yorker

Do we have to choose between equality and prosperity? Decisions made over the past fifty years have created underlying fragilities in our society that make our economy less effective in good times and less resilient to shocks, such as today’s coronavirus pandemic. Many think tackling inequality would require such heavy-handed interference that it would stifle economic growth. But a careful look at the data suggests nothing could be further from the truth—and that reducing inequality is in fact key to delivering future prosperity.

Presenting cutting-edge economics with verve, Heather Boushey shows how rising inequality is a drain on talent, ideas, and innovation, leading to a concentration of capital and a damaging under-investment in schools, infrastructure, and other public goods. We know inequality is fueling social unrest. Boushey shows persuasively that it is also a serious drag on growth.

“In this outstanding book, Heather Boushey…shows that, beyond a point, inequality damages the economy by limiting the quantity and quality of human capital and skills, blocking access to opportunity, underfunding public services, facilitating predatory rent-seeking, weakening aggregate demand, and increasing reliance on unsustainable credit.”
—Martin Wolf, Financial Times

“Think rising levels of inequality are just an inevitable outcome of our market-driven economy? Then you should read Boushey’s well-argued, well-documented explanation of why you’re wrong.”
—David Rotman, MIT Technology Review

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front cover of Uncertain Times
Uncertain Times
Kenneth Arrow and the Changing Economics of Health Care
Peter J. Hammer, Deborah Haas-Wilson, Mark A. Peterson, and William M. Sage, eds.
Duke University Press, 2003
This volume revisits the Nobel Prize-winning economist Kenneth Arrow’s classic 1963 essay “Uncertainty and the Welfare Economics of Medical Care” in light of the many changes in American health care since its publication. Arrow’s groundbreaking piece, reprinted in full here, argued that while medicine was subject to the same models of competition and profit maximization as other industries, concepts of trust and morals also played key roles in understanding medicine as an economic institution and in balancing the asymmetrical relationship between medical providers and their patients. His conclusions about the medical profession’s failures to “insure against uncertainties” helped initiate the reevaluation of insurance as a public and private good.

Coming from diverse backgrounds—economics, law, political science, and the health care industry itself—the contributors use Arrow’s article to address a range of present-day health-policy questions. They examine everything from health insurance and technological innovation to the roles of charity, nonprofit institutions, and self-regulation in addressing medical needs. The collection concludes with a new essay by Arrow, in which he reflects on the health care markets of the new millennium. At a time when medical costs continue to rise, the ranks of the uninsured grow, and uncertainty reigns even among those with health insurance, this volume looks back at a seminal work of scholarship to provide critical guidance for the years ahead.

Contributors
Linda H. Aiken
Kenneth J. Arrow
Gloria J. Bazzoli
M. Gregg Bloche
Lawrence Casalino
Michael Chernew
Richard A. Cooper
Victor R. Fuchs
Annetine C. Gelijns
Sherry A. Glied
Deborah Haas-Wilson
Mark A. Hall
Peter J. Hammer
Clark C. Havighurst
Peter D. Jacobson
Richard Kronick
Michael L. Millenson
Jack Needleman
Richard R. Nelson
Mark V. Pauly
Mark A. Peterson
Uwe E. Reinhardt
James C. Robinson
William M. Sage
J. B. Silvers
Frank A. Sloan
Joshua Graff Zivin

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Uncharted
Creativity and the Expert Drummer
Bill Bruford
University of Michigan Press, 2018
What do expert drummers do? Why do they do it? Is there anything creative about it? If so, how might that creativity inform their practice and that of others in related artistic spheres? Applying ideas from cultural psychology to findings from research into the creative behaviors of a specific subset of popular music instrumentalists, Bill Bruford demonstrates the ways in which expert drummers experience creativity in performance and offers fresh insights into in-the-moment interactional processes in music. An expert practitioner himself, Dr. Bruford draws on a cohort of internationally renowned, peak-career professionals and his own experience to guide the reader through the many dimensions of creativity in drummer performance.
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A Unified Theory of Collective Action and Social Change
Luis Fernando Medina
University of Michigan Press, 2007

The notion that groups form and act in ways that respond to objective, external costs and benefits has long been the key to accounting for social change processes driven by collective action. Yet this same notion seems to fall apart when we try to explain how collectivities emerge out of the choices of individuals. This book overcomes that dilemma by offering an analysis of collective action that, while rooted in individual decision making, also brings out the way in which objective costs and benefits can impede or foster social coordination. The resulting approach enables us to address the causes and consequences of collective action with the help of the tools of modern economic theory. To illustrate this, the book applies the tools it develops to the study of specific collective action problems such as clientelism, focusing on its connections with economic development and political redistribution; and wage bargaining, showing its economic determinants and its relevance for the political economy of the welfare state.

"Medina's study is a great step forward in the analytics of collective action. He shows the inadequacies of currently standard models and shows that straightforward revisions reconcile rational-choice and structural viewpoints. It will influence all future work."
—Kenneth Arrow, Stanford University

"Olson, Schelling, and now Medina. A Unified Theory deepens our understanding of collective action and contributes to the foundations of our field. A major work."
—Robert H. Bates, Harvard University

"Medina thinks that the main problem of social action is not whether or not to cooperate but how to do it. To this end he has produced an imaginative approach to analyzing strategic coordination problems that produces plausible predictions in a range of circumstances."
—John Ferejohn, Stanford University

Luis Fernando Medina is Associate Professor in the Department of Politics at the University of Virginia.

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Unnatural Narrative
Theory, History, and Practice
Brian Richardson
The Ohio State University Press, 2015
Unnatural Narrative: Theory, History, and Practice provides the first extended account of the concepts and history of unnatural narrative. In this book, Brian Richardson, founder of unnatural narrative studies, offers a theoretical model that can encompass antirealist and antimimetic works from Aristophanes to postmodernism. Unnatural Narrative begins with a sustained critique of contemporary narratology, diagnosing its mimetic bias and establishing the need for a more comprehensive account. This new approach results in original theoretical insights into the basic elements of story, such as beginnings, sequencing, temporality, endings, and narrative itself.
 
Applying these theoretical insights, Richardson also provides a compelling alternative view of the history of narrative. He traces a genealogy of unnatural narratives from ancient Greek and Sanskrit works through medieval and renaissance fiction to eighteenth-century and romantic fiction. The study continues through the twentieth century, discussing the unnatural elements of Ulysses and other early twentieth-century texts, and engages with contemporary fiction by offering an alternative account of postmodernism. Unnatural Narrative makes an essential intervention in narrative theory and an important contribution to the history of the novel.
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front cover of Untying Things Together
Untying Things Together
Philosophy, Literature, and a Life in Theory
Eric L. Santner
University of Chicago Press, 2022
Untying Things Together helps to clarify the stakes of the last fifty years of literary and cultural theory by proposing the idea of a sexuality of theory.

In 1905, Freud published his Three Essays on the Theory of Sexuality, the book that established the core psychoanalytic thesis that sexuality is central to formations of the unconscious. With this book, Eric L. Santner inverts Freud’s title to take up the sexuality of theory—or, more exactly, the modes of enjoyment to be found in the kinds of critical thinking that, since the 1960s, have laid claim to that ancient word, “theory.” Santner unfolds his argument by tracking his own relationship with this tradition and the ways his intellectual and spiritual development has been informed by it.

Untying Things Together is both an intellectual history of major theoretical paradigms and a call for their reexamination and renewal. Revisiting many of the topics he has addressed in previous work, Santner proposes a new way of conceptualizing the eros of thinking, attuned to how our minds and bodies individually and collectively incorporate or “encyst” on a void at the heart of things. Rather than proposing a “return to theory,” Santner’s book simply employs theory as a way of further “(un)tying together” the resources of philosophy, art and literature, theology, psychoanalysis, political thought, and more.
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