Breaking The Vicious Circle

Breaking the Vicious Circle is a tour de force that should be read by everyone who is interested in improving our regulatory processes. Written by a highly respected federal judge, who obviously recognizes the necessity of regulation but perceives its failures and weaknesses as well, it pinpoints the most serious problems and offers a creative solution that would for the first time bring rationality to bear on the vital issue of priorities in our era of limited resources.

Internationally recognized psychologist Paul L. Wachtel sheds new light on the psychological foundations of our nation's racial impasse and applies his pathbreaking "vicious circle" approach to help resolve it. This timely and fascinating analysis shows how the ways we attempt to cope with racial tensions and inequalities often lead to the perpetuation of our difficulties rather than their resolution. Understanding the ironies that characterize contemporary race relations is the first step toward extricating our nation from the vicious circle. Both controversial and healing, Race in the Mind of America challenges the orthodoxies that shape black and white opinion and liberal and conservative policies while sensitively exploring the way the world looks to both sides and why it looks that way. Wachtel probes the daily experiences of blacks and whites, shedding new light on how individual experiences and larger social, historical and economic forces continually re-create each other. In illustrating how blacks and whites get caught in vicious circles that sustain the very behaviors and attitudes they wish would change, Wachtel also points toward the concrete solutions to our seemingly enduring dilemmas and shows how to move beyond the adversarial rhetoric that divides us.

Don’t miss the JOE PICKETT series—now streaming on Paramount+ The past comes back to haunt game warden Joe Pickett and his family with devastating effect in this thrilling novel from #1 New York Times–bestselling author C. J. Box. The plane circled in the dark. Joe Pickett could just make out down below a figure in the snow and timber, and then three other figures closing in. There was nothing he could do about it. And Joe knew that he might be their next target. The Cates family had always been a bad lot. Game warden Joe Pickett had been able to strike a fierce blow against them when the life of his daughter April had been endangered, but he’d always wondered if there’d be a day of reckoning. He’s not wondering any longer. Joe knows they’re coming after him and his family now. He has his friend Nate by his side, but will that be enough this time? All he can do is prepare...and wait for them to make the first move.

This report adds two perspectives on informality. It disassembles the mechanics of the deleterious links between informal employment, low-paying work and low skills. It shows that informal employment is highly persistent, and that the vulnerability of informal workers is passed on to their children in the absence of adequate education, skills and social protection policy.

Introduction -- The sovereign-banks Nexus : an economic analysis -- The European sovereign debt crisis as a source of case studies -- An economic analysis of policy options -- Closing the first channel of contagion from banks to sovereigns : Hitherto European actions and their critique -- Closing the second channel of contagion from sovereigns to banks : legal assessment of policy options.

This book finds that the R&D and technological innovation of a country is not a result, but a factor, of sustained economic growth. Bazhal develops Schumpeter's theory to argue that genuine economic growth - especially in transitioning and developing countries - is only possible with innovation. With a particular focus on the work of Ukrainian economists, Tugan-Batanobvsky and Vernadsky, the text seeks to move the discipline forward and explain why innovation has become a primary factor of economic development in recent decades and why its role will become even more dominant in the future. Chapters interrogate whether modern economic theory can explain how we ensure the effective functioning of the market economy. The book shows that explanations of economists and politicians regarding the nature of the current economic and financial crisis, and the causes of huge gaps in levels of wealth in market economies, demonstrates that there are not enough satisfactory answers to this question.

Why should people - and economies - save? This book on the savings problem in Latin America and the Caribbean suggests that, while saving to survive the bad times is important, saving to thrive in the good times is what really counts. People must save to invest in health and education, live productive and fulfilling lives, and make the most of their retirement years. Firms must save to grow their enterprises, employ more workers in better jobs, and produce quality goods. Governments must save to build the infrastructure required by a productive economy, provide quality services to their citizens, and assure their senior citizens a dignified, worry-free retirement. In short, countries must save not for the proverbial rainy day, but for a sunny day - a time when everyone can bask in the benefits of growth, prosperity, and well-being. This book is open access under a CC BY-NC-ND 3.0 IGO license.