Walk Away The Rise And Fall Of The Homeownership Myth

This elegant and fact-filled book by Doug French examines the background to the case of "strategic default," or walking away from your home, and considers its implications from a variety of different perspectives. The thesis here is that there is nothing ominous or evil about this practice. It is an extension of economic rationality. -- from Mises Institute website

The Occupy Movement Explained is a readable, compact account and analysis of the Occupy protests, by a scholar who participated in several Occupy events. The book is thoroughly researched, painstakingly accurate, and fully documented. It debunks a number of myths and misunderstandings that have become rife. Nicholas Smaligo shows how the movement arose out of radical currents that have been active below the media's radar since the 1970s. Occupiers are not all the same, and the author reviews some of the debates and changes within the movement. The occupations began under a slogan that conjured up a naive sense of unity—"We Are the 99%!" It did not take very long for that sense of unity to give way to an appreciation of just how socially, economically, and ideologically fragmented American society is. For some, this was an excuse to return to their cynicism—for others, it was an invitation to lose their illusions and begin to see the world from the viewpoint of political activists. The Occupy Movement Explained describes this process of education and the lessons learned about "the 99%", the police, direct democracy, political demands, and the intimately related questions of social change, violence and property.

In what ways are cities central to the evolution of contemporary global capitalism? And in what ways is global capitalism forged by the urban experience? This book provides a response to these questions, exploring the multifaceted dimensions of the city-capitalism nexus. Drawing on a wide range of conceptual approaches, including political economy, neo-institutionalism and radical political theory, this insightful book examines the complex relationships between contemporary capitalist cities and key forces of our times, such as globalization and neoliberalism. Taking a truly global perspective, Ugo Rossi offers a comparative analysis of the ways in which urban economies and societies reflect and at the same time act as engines of global capitalism. Ultimately, this book shows how over the past three decades capitalism has shifted a gear – no longer merely incorporating key aspects of society into its system, but encompassing everything, including life itself – and illustrates how cities play a central role within this life-oriented construction of global capitalism.

The Tea Party showed its strength in the 2010 mid-terms. Despite the opposition of leading Republicans like Dick Cheney, Karl Rove, and Lindsey Graham, 140 Tea Party candidates ran for Congress. Of the sixty House seats which moved from Democratic to Republican control, twenty-eight were won by Tea Party candidates. At the movement’s height, 29 percent of Americans had “some ties” to the Tea Party, while 2 percent identified themselves as active members. The Tea Party first attracted the media spotlight with Rick Santelli’s televised rant against the government’s bailout of mortgage borrowers on February 19, 2009, which instantly went viral as a video. As the authors document, however, “tea parties” associated with the Ron Paul movement had already been gathering momentum for more than a year. Beginning as a protest against government spending sprees and ballooning deficits, the Tea Party’s sudden fame forced it to define itself on many issues where the membership was seriously divided. The Tea Party is a coalition of different outlooks, united only by belief in small, debt-free government and low taxes. Fiscal conservatives, who were usually liberal on social issues and against American military interventions, battled social conservatives, in an uneasy series of maneuvers which continues unresolved and is described in the book. The Tea Party Explained, written by two Tea Party activists who know the movement inside and out, is aimed at the intrigued and curious reader who wants to find out more about this unique phenomenon. The book gives a well-documented account of the Tea Party, its origins, its evolution, the bitter squabbles over its direction, its amazing successes in 2010, and its electoral rebuff in 2012. Maltsev and Skaskiw analyze the demographics of the Tea Party, the many organizations which have tried to represent, appropriate, or infiltrate the movement, and the ideological divisions in its ranks. The authors evaluate the strengths and weaknesses of the Tea Party and its likely future impact. A movement with strong local roots in many cities, firmly supported by a quarter of the US population, will not evaporate after one big defeat, and can be counted on to influence events for decades to come.

A fascinating exposé explaining why the government we have bears so little relation to the government we want—and why the recent expansion of government programs will only exacerbate the problem. Idealized views of government lead to bitterly unhappy citizens posits The Myth of Fair and Efficient Government: Why the Government You Want Is Not the One You Get. In fact, Michael L. Marlow says, government is the last place to look for efficiency. It is, rather, private markets that naturally drive toward efficient outcomes and it is unreasonable to expect governments to mimic those effects. This idea will startle many readers, especially given the widespread belief that private markets caused the current economic problems. The author's intention is to awaken readers to the invalidity of that assumption, to make us "pause before calling upon the government to somehow be efficient and fair in responding to the supposed collapse of private markets." To that end, this book demonstrates why romantic views of government promote a less efficient economy; why so many government programs are inefficient in practice; and why a more limited role for government is critical to reviving trust in our institutions.

An optimistic assessment of America's economic prospects examines positive trends that indicate imminent improvements, explaining how America is tapping the same strengths that enabled recovery after the Great Depression.