E CO N O M I C S

NEW & FORTHCOMING

STA N FO R D
UN I V E R S I TY PRE SS

2016

How Your Nations IQ Matters So

Much More Than Your Own
GARETT JONES

In Hive Mind, Garett Jones provocatively argues that

differences in national IQ can explain many crosscountry inequalities. While individual IQ scores
predict our independent success moderately well, a
countrys average score is a remarkable bellwether of
its overall prosperity.
Expertly synthesizing research from psychology,
economics, management, and political science,
Jones explains that IQ is significantly more important on a national level because it produces positive
spillovers. People who do well on standardized tests
are more patient, more cooperative, and have better
memoriesall of which better position them to take
on the challenges of todays economy. Whats more, when we are surrounded by intelligent
neighbors, their good qualities rub off on us. And thus, the worker bees in every nation
create a hive mind with a power all its own. Once the hive is established, each individual
has only a tiny impact on his or her own well-being.
Jones leaves readers with policy-oriented conclusions and hopeful speculation: Through measures like better nutrition and schooling we can raise global IQ. If we do, it is possible that this
period of massive global inequality will be a short season by the standards of human history.
Garett Jones Hive Mind is the very best introduction to a simple truth: The smarts of the
people around you are way more important than you think. Much of our world is shaped by
this fact, which no one has talked aboutuntil now.

Tyler Cowen,
George Mason University, blogger at Marginal Revolution,
and author of The Great Stagnation

For over 100 years, weve neglected the importance of national differences in our cognitive
progress; this book is a welcome antidote and an eye opener.

James R. Flynn,
University of Otago and author of Are We Getting Smarter?

Those of us who live in the worlds richest countries like to believe that it is our own intellect
and ingenuity that accounts for our success. But what if our own intelligence matters less than
the average skill of the country in which we live? Hive Mind offers a bracing account of why
some countries are so rich while others are so poor, and how we might foster more cooperative
and, ultimately, more prosperous societies.
Reihan Salam,
Executive Editor, National Review

224 pp., 2015

9780804785969 Cloth $29.95 $23.96 sale
2

MACROECONOMICS

New Series

Hive Mind

New Series

Introducing a New Series

SUP titles are available

EMERGING
FRONTIERS IN THE
GLOBAL ECONOMY

as e-books via our

This series brings together

authors from across the
social sciences to address
contemporary topics that
1) have come into being
because of or 2) have been
substantially changed as a
result of globalization. While
many of these subjects are
relatively newintellectual
property in an international
marketplace or the rise
of the global services
industryothers engage
well-known themes like
poverty and governance that
take on new dimensions in
light of the global economy.

for more information,

Though they may be rooted

in a home discipline, all
books in this series are
written accessibly for readers
in other fields of study. Published in collaboration with
George Mason Universitys
Center for Global Studies
and Global Affairs Program,
this series provides an
interdisciplinary venue
for discussions about how
our world is sculpted by
economic globalization.
SERIES EDITOR:

J.P. SINGH

EDITORIAL BOARD:

ARJUN APPADURAI,
MANUEL CASTELLS,
TYLER COWEN, CHRISTINA
DAVIS, JUDITH GOLDSTEIN,
DEIRDRE MCCLOSKEY

website or your favorite

e-reading platform. Visit
www.sup.org/ebooks
as well as e-book rental
and bundle options.
TABLE OF CONTENTS
Macroeconomics...........................2
Emerging Frontiers in
the Global Economy....................3

Intra-Industry Trade

Cooperation and Conflict in the

Global Political Economy
CAMERON G. THIES AND
TIMOTHY M. PETERSON

Our understanding of trade has not

kept pace with its changing nature.
Existing models, rooted in Ricardos
theories, describe trade between
parties that offer different commodities and operate according to the logic
of comparative advantage. Though
this type of exchange does take place,
intra-industry tradeinternational
trade of the same or similar commodities, in which foreign and domestic
brands competeis increasingly
prevalent. As a result, Intra-Industry
Trade argues that our focus on the
total volume of trade, rather than
its composition, is misplaced. Trade
composition matters, not just because
it gives us a fuller understanding of
how trade works, but also because
intra-industry trade increases the
likelihood of peaceful relations
and cooperation between states. To
illustrate this point, the authors
examine the effects of intra-industry
trade on preferential trade agreements,
its tendency to lessen World Trade
Organization disputes and militarized
conflict, and its ability to pave the way
for new and fortified alliances.

Economic Development........... 4
The Economics of
Climate Change..............................5
Urban Economics..........................6
Law and Public Policy.................7
Textbooks @ SUP..................... 8-9
Entrepreneurship.........................10
Economics & Philosophy....10-11
Economic Sociology................... 11
Examination Copy Policy..........8
Ordering Information..................9

208 pp., 2015

9780804791335 Cloth $55.00 $44.00 sale

EMERGING FRONTIERS IN THE GLOBAL ECONOMY

The Shared Society

A Vision for the Global Future

of Latin America
ALEJANDRO TOLEDO

Latin America has gone through a

major transformation in the past two
decades. According to the United
Nationswith the discovery of new
oil and mineral deposits and increases
in energy exports, manufacturing, and
tourismLatin Americas economic
growth and development will only
continue, foreign investment will
increase, and the regions global influence will become greater and greater.
In The Shared Society, Alejandro
Toledo, whose tenure as president
of Peru helped spur this economic
renaissance, develops a plan for a
future Latin America in which its
population is much better off than
today. Forty percent of its poor and
marginalized can be incorporated
into a rising middle class, democratic
institutions can work more effectively,
and the extraordinary ecosystem
of Latin America will be preserved.
Toledo argues that only extraordinary
efforts of vision, determination, courage, and inspired leadership will set
Latin America on the path to inclusive
development. This is his vision for
a just, sustainable, and prosperous
shared society.
296 pp., 2015
9780804795517 Cloth $29.95 $23.96 sale

Also of Interest

Leadership Dispatches

Chiles Extraordinary Comeback

from Disaster
MICHAEL USEEM,
HOWARD KUNREUTHER, AND
ERWANN MICHEL-KERJAN

On February 27, 2010, Chile was

rocked by a violent earthquake five
hundred times more powerful than
the one that had hit Haiti just six
weeks earlier. The disaster caused
massive losses, paralyzing the country
for weeks and causing economic
damage equivalent to nearly one-fifth
of the countrys GDP. For most
nations, it would have taken years,
if not decades, to recover. Yet, one
year later, the countrys economy was
back on track. How did Chile do it?
In Leadership Dispatches, Michael
Useem, Howard Kunreuther, and
Erwann Michel-Kerjan uncover,
thanks to a mandate from the Chilean
Presidency, how the nations leaders
in government, business, foundations,
and beyondmade Chiles recovery
possible so quickly: strong national
leadership built on both strategic and
deliberative thinking, combined with
deeply rooted institutional practices.
Leadership Dispatches is a remarkable
story of resilience and an instructive
look at a national comeback.
HIGH RELIABILITY AND CRISIS
MANAGEMENT

296 pp., 2015

9780804793872 Cloth $29.95 $23.96 sale

ECONOMIC DEVELOPMENT

Doing Bad by Doing Good

Why Humanitarian Action Fails

CHRISTOPHER J. COYNE

In 2010, Haiti was ravaged by a brutal

earthquake. Millions suffered. The
call to assist those in need was heard
around the globe. Yet, two years later,
the humanitarian efforts of governments and NGOs had largely failed.
How can measures such as these,
intended to help the suffering, fail so
badly? In this timely and provocative
book, Christopher J. Coyne uses the
economic way of thinking to explain
why humanitarian efforts which aim
to do good end up doing nothingor
even causing harm.
Considering a wide range of
interventions, this book offers a bold
alternative to state-led humanitarian
action, focused on establishing an
environment of economic freedom. If
we are willing to experiment by asking
questions about how to foster development as a process of societal discovery,
we increase the range of alternatives
to help people and empower them
to improve their well being. Anyone
concerned with and dedicated to alleviating human sufferingfrom policymakers and activists to scholarswill
find this book to be an insightful
reframing of humanitarian action.
272 pp., 2013
9780804772280 Paper $25.95 $20.76 sale
9780804772273 Cloth $85.00 $68.00 sale

How Culture Shapes the

Climate Change Debate
ANDREW J. HOFFMAN

Though the scientific community

largely agrees that climate change is
underway, debates about this issue
remain fiercely polarized. These
conversations have become a rhetorical contest, one where opposing sides
try to achieve victory through playing
on fear, distrust, and intolerance. At
its heart, this split no longer concerns
carbon dioxide, greenhouse gases, or
climate modeling; rather, it is the product of contrasting, deeply entrenched
worldviews. This brief examines what
causes people to reject or accept the
scientific consensus on climate change.
Synthesizing evidence from across the
social sciences, Andrew J. Hoffman
lays bare the opposing cultural lenses
through which science is interpreted.
He draws lessons from major cultural
shifts in the past to engender a better
understanding of the problem and
motivate the public to take action.
Hoffman makes a powerful case for
a more scientifically literate public,
a more socially engaged scientific
community, and a more thoughtful
mode of public discourse.
120 pp., 2015
9780804794220 Paper $12.99 $10.39 sale

StanfordBRIEFS

Greening of Capitalism

How Asia Is Driving the Next

Great Transformation
JOHN A. MATHEWS

NOW IN PAPERBACK

Can Green Sustain Growth?

From the Religion to the Reality

of Sustainable Prosperity

EDITED BY JOHN ZYSMAN AND

As China, India, and other industrialMARK HUBERTY
izing giants grow, they are confronted
with an inconvenient truth: They cannot Green growth has proven to be
politically popular, but economically
rely on the conventions of capitalism as
we know them today. Western industri- elusive. Can Green Sustain Growth?
asks how we can move from theoretialism has achieved miracles, promoting
cal support to implementation, and
unprecedented levels of prosperity
argues that this leap will require
and raising hundreds of millions out
radical experimentation. But systemic
of poverty. Yet, if allowed to proceed
change is costly, and a sweeping shift
unencumbered, this paradigm will do
cannot be accomplished without
irreversible harm to the planet. By nepolitical support, not to mention
cessity, a new approach to environmenlarge-scale cooperation between
tally conscious development is already
business and government.
emerging in the East, with China
leading the way. Positioning its arguInsightful and timely, this book brings
ment against zero-growth advocates and
together eight original, international
free-market environmentalists, Greening
case studies to consider what we can
of Capitalism charts this transformation
learn from the implementation
and sketches out a framework for more
of green growth strategies to date.
sustainable capitalism. John A. Mathews
The analysis reveals that coalitions
considers core debates over national
for green experimentation emerge
security, international relations, and
and survive when they link climate
economic policy, ultimately addressing
solutions to specific problems with
the question of whether these measures
near-term benefits that appeal to both
will be far reaching or timely enough to
environmental and industrial interests.
prevent further damage.
Based on these findings, the volume
368 pp., 2014
delivers concrete policy recommenda9780804791502 Cloth $65.00 $52.00 sale
tions for next steps in the necessary
shift toward sustainable prosperity.

352 pp., 2013

9780804799478 Paper $35.00 $28.00 sale
9780804785259 Cloth $45.00 $36.00 sale

THE ECONOMICS OF CLIMATE CHANGE

The Rise and Fall of

Urban Economies
Lessons from San Francisco
and Los Angeles
MICHAEL STORPER, THOMAS
KEMENY, NAJI MAKAREM,
AND TANER OSMAN

Today, the Bay Area is home to

the most successful knowledge
economy in America, while Los
Angeles has fallen progressively
farther behind its neighbor to the
north. Yet, in 1970, experts would
have predicted that L.A. would
keep pace with San Francisco in
terms of population, income, economic power, and influence. The
usual factors used to explain urban growthluck, immigration, local
economic policies, and the pool of skilled labordo not account for the
contrast between the two cities and their fates. So what does?
The Rise and Fall of Urban Economies challenges many of the conventional notions about economic development and sheds new light on
its workings. The authors argue that it is essential to understand the
interactions of three major componentseconomic specialization, human capital formation, and institutional factorsto determine how well
a regional economy will cope with new opportunities and challenges.
Drawing on economics, sociology, political science, and geography, they
argue that the economic development of metropolitan regions hinges on
previously underexplored capacities for organizational change in firms
and networks of people. By studying San Francisco and Los Angeles in
unprecedented levels of depth, this book extracts lessons for the field of
economic development studies and urban regions around the world.
Throughout history, commerce and cities have invented and paced each
other. This lively and exhaustively documented study tells the story of how
two representative urban regions have carried on the ancient and ever-new
competition for commerce and hegemony.
Kevin Starr, University of Southern California
INNOVATION AND TECHNOLOGY IN THE WORLD ECONOMY

328 pp., 2015

9780804789400 Cloth $60.00 $48.00 sale

Also of Interest

Public Universities and Regional Growth

Insights from the University of California

EDITED BY MARTIN KENNEY AND DAVID C. MOWERY

INNOVATION AND TECHNOLOGY IN THE WORLD ECONOMY

272 pp., 2014

9780804791359 Paper $29.95 $23.96 sale
9780804790673 Cloth $90.00 $72.00 sale

URBAN ECONOMICS

Boom Towns

Restoring the Urban

American Dream
STEPHEN J.K. WALTERS

American cities, once economic and

social launching pads, are all too
often plagued by poverty and decay.
One need only to look at the ruins of
Detroit to see how far some once-great
cities have fallen, or at Boston and
San Francisco for evidence that such
decline is reversible. Arguing that
commonplace explanations for urban
decay misunderstand the nature
of our towns, Stephen J.K. Walters
reconceives of cities as dense accumulations of capitalplaces that attract
people by making their labor more
productive and their leisure more
pleasurable. Policymakers, therefore,
must properly define and enforce
property rights in order to prevent
the flight of capital and the resulting
demise of urban centers. Using vivid
evocations of iconic towns and the
people who crucially affected their
destinies, Walters outlines a set of
policies to remedy the capital shortage
that continues to afflict many cities
and harm their residents.
224 pp., 2014
9780804781633 Cloth $27.95 $22.36 sale

SECOND EDITION

DEMOCRACY AND
POLITICAL
IGNORANCE
VOTE

VOTE

VOTE

VOTE

VOTE

WHY SMALLER GOVERNMENT IS SMARTER

ILYA SOMIN

Democracy and
Political Ignorance

Why Smaller Government

is Smarter
Second Edition

Capitalism v. Democracy

Money in Politics and the

Free Market Constitution
TIMOTHY K. KUHNER

The second edition of Democracy and

Political Ignorance fully updates its
analysis to include the most up-todate survey data on political ignorance
from recent elections. The new edition
also covers vital discussions on the
big sort, increased wealth, and the
corporate sponsorship that is influencing political campaigns. Ilya Somin
mines the depths of the current state
of ignorance in America and reveals it
as a major problem for democracy. He
weighs various options for solving this
problem, provocatively arguing that
political ignorance is best mitigated
and its effects lessened by decentralizing and limiting government. People
make better decisions when they have
stronger incentives to acquire relevant
informationand use it wisely.

As of the latest national elections, it

costs approximately $1 billion to
become President, $10 million to
become a Senator, and $1 million to
become a Member of the House. Highpriced campaigns, superPACs, and
increasing corporate political power
are the new normal in American
politics. In Capitalism v. Democracy,
Timothy Kuhner explains how these
conditions have corrupted American
democracy, morphing it into a
system of rule that favors the wealthy
and marginalizes ordinary citizens.
Kuhner demonstrates that money in
politics has corrupted capitalism as
well, routing economic competition
through political channels and allowing politically powerful companies
to evade market forces. The Supreme
Court has brought about both forms
of corruption by striking down campaign finance reforms. By exposing the
extreme economic worldview that is
polluting constitutional interpretation,
Kuhner shows how the Court became
the architect of American plutocracy.
He argues that nothing short of a
constitutional amendment can set the
necessary boundaries between capitalism and democracy.

312 pp., 2016

9780804799317 Paper $27.95 $22.36 sale
9780804798037 Cloth $90.00 $72.00 sale

376 pp., 2014

9780804791564 Paper $27.95 $22.36 sale
9780804750667 Cloth $90.00 $72.00 sale

ILYA SOMIN

One of the biggest problems with

modern democracy is that most of
the public is ignorant of politics and
government. Many people understand
that their votes are unlikely to change
the outcome of an election and dont
see the point in learning much to
contribute little.

Madmen, Intellectuals,
and Academic Scribblers

The Economic Engine of

Political Change

WAYNE A. LEIGHTON AND

EDWARD J. LPEZ

Madmen, Intellectuals, and Academic

Scribblers presents a simple, economic
framework for understanding the
systematic causes of political change.
Wayne A. Leighton and Edward J.
Lpez take up three interrelated questions: Why do democracies generate
policies that impose net costs on
society? Why do such policies persist
over long periods of time, even if they
are known to be socially wasteful and
better alternatives exist? And, why do
certain wasteful policies eventually get
repealed while others endure?
Assuming that incentives drive
peoples decisions, the book matches
up three key ingredientsideas, rules,
and incentiveswith the characters
who make political waves: madmen
in authority (such as Franklin Delano
Roosevelt and Margaret Thatcher),
intellectuals (like Jon Stewart and
George Will), and academic scribblers
(in the vein of Friedrich Hayek and
John Maynard Keynes). Political
change happens when these characters
notice gaps in the political system and
then act as entrepreneurs to shake up
the status quo.
224 pp., 2014
9780804793391 Paper $19.95 $15.96 sale
9780804780971 Cloth $29.95 $23.96 sale

LAW AND PUBLIC POLICY

EXAMINATION COPY
POLICY

Ethics in Economics
An Introduction to Moral
Frameworks

NOW AVAILABLE: e-COPY

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TEXTBOOKS @ SUP

JONATHAN B. WIGHT

In Ethics in Economics, Jonathan

B. Wight provides an overview of
the role that ethical considerations
play in economic debates. Whereas much of the field tends to focus
on welfare outcomes, Wight calls
for a deeper examination of the
origin and evolution of our moral
norms. He argues that economic
life relies on three interrelated
ethical systems: outcome-based,
duty- and rule-based, and virtuebased. Integrating contemporary theoretical and applied research
on ethics within a historical framework, Wight provides a thorough
and accessible outline of all three schools, explaining how they fit or
contrast with the economic welfare model. The book then uses these
conceptual underpinnings to examine a range of contemporary topics,
such as the 2008 financial crisis, the moral limits to markets, the findings of experimental economics, and the nature of economic justice.
Wights analysis is guided by the innovative concept of ethical pluralismthe recognition that each system has appropriate applications,
and that no one prevails. He makes the case that considering a wider
moral framework, rather than concentrating on utility maximization,
can lead to a richer understanding of human behavior and better
policy decisions. An incisive overview in a blossoming area of interest
within Economics, this book is ideal for undergraduates or uninitiated
readers who seek an introduction to this topic.
In this outstanding book, Wight argues that economics is a normative
science and that economic ethics necessarily requires all three moral theories (pluralism). The most obvious strength of the book is that the author
clearly explains the various schools of thought in both economics and ethics.
He also rigorously identifies the various issues that arise within normative
economics . . . Highly recommended.
R.F. White, CHOICE

Jonathan Wight has produced a sweetly written introduction to ethics for

economistssomething the economists dont think they need, but do. This
book is highly dialogic, bringing students (and faculty) into core debates
and resolving them. It is a triumph.
Deirdre N. McCloskey, University of Illinois at Chicago

296 pp., 2015

9780804794534 Paper $27.95 $22.36 sale

9780804793285 Cloth $85.00 $68.00 sale

O R DE R I N G
Receive a 20% discount on all
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Homer Economicus

The Simpsons and Economics

EDITED BY JOSHUA HALL

Entrepreneurial Finance

Strategy, Valuation, and

Deal Structure

In Homer Economicus, a cast of

lively contributors takes a field trip to
Springfield, where the Simpsons reveal
that economics is everywhere. By
exploring the hometown of televisions
first family, this book provides readers
with the economic tools and insights
to guide them at work, at home, and at
the ballot box.

JANET KIHOLM SMITH,

RICHARD L. SMITH, AND
RICHARD T. BLISS

Reinforcing the nuts and bolts laid out

in any principles text, this book is an
excellent teaching resource that will
also be at home on the bookshelf of
any pop economics reader.

This book prepares readers for a wide

variety of situations and problems
that stakeholders might confront in
entrepreneurial ventures. Readers will
find a unique focus on value creation
as the objective of each strategic and
financial choice that an entrepreneur
or investor makes. The authors specifically address the influences of risk and
uncertainty on new venture success,
devoting substantial attention to financial modeling and contract design.
Finally, they provide a comprehensive
survey of approaches to valuation,
with an emphasis on applications.

Homer Economicus quenches your

thirst for learning like a Duff beer.
Through the lens of The Simpsons, a
reader will learn more about economics in a few hours than any textbook
can possibly teach. My advice is
that you kick back, put your feet
up at your desk, and enjoy a donut
or two while you read. Mmm.
G. Dirk Mateer, University of Arizona

256 pp., 2014

9780804791717 Paper $24.95 $19.96 sale
9780804790970 Cloth $90.00 $72.00 sale

Entrepreneurial Finance applies the

theory and methods of finance and
economics to reveal how entrepreneurs, venture capitalists, and outside
investors can rely on academic foundations as a decision-making framework.

Orders must be prepaid or

charged on VISA, MasterCard,
Discover Card, or American
Express (libraries excepted).
Books not yet published or
temporarily out of stock will
be charged to your credit
card when they become available and are in the process
of being shipped. Stanford
University Press books are
distributed by the University
of Chicago Press Distribution
Center. Shipping & Handling
$5.00; outside the United
States $9.50; add $1.00 for
each additional book.

Simulation exercises bring the book

to life, as do a series of interactive
cases that correspond with the book
chapters. The text is organized to
complement the development of a
business plan for those who wish to
create one as they read.
A companion website is available at
sup.org/entrepreneurialfinance.
744 pp., 2011
9780804770910 Cloth $90.00 $72.00 sale

TEXTBOOKS @ SUP

The Next Wave

Financing Womens
Growth-Oriented Firms
SUSAN COLEMAN AND
ALICIA M. ROBB

The Rising Tide

Financial Strategies for

Women-Owned Firms
SUSAN COLEMAN AND
ALICIA M. ROBB

Women-owned firms represent an

increasingly important segment of
the small business sector. According
to the most recent data from the
U.S. Census Bureau, there were 7.8
million women-owned companies
in the United States in 2007, generating
$1.2 trillion in revenue and providing
employment for 7.6 million people.
A Rising Tide presents the financial
strategies that have helped todays
bold and creative women entrepreneurs to succeed.
The authors take a life cycle approach
to discuss the issues and strategies
for different types of women-owned
businesses, from nascent and homebased firms to growth-oriented and
technology-based enterprises. Each
chapter includes real-world cases studies featuring women entrepreneurs to
bring the books lessons to life. Drawing on the Kauffman Firm Survey, a
longitudinal survey of over 4,000 new
firms, the authors are able to provide
particularly useful conclusions, making this a must-read for the thousands
of women who are starting or may
start businesses in the next few years.

Selfish Libertarians and

Socialist Conservatives?

Foundations of the LibertarianConservative Debate

NIKOLAI G. WENZEL AND

NATHAN W. SCHLUETER
Though women have often been underrepresented in high-growth sectors, a
Nikolai G. Wenzel and Nathan W.
variety of factors are in fluxand likely Schuleter present contrasting perspecto reverse that trend. The Next Wave is
tives on the nature of power, the role of
aimed at women who are changing the
government, and how to think about
landscape of high-growth enterprises,
political economy. Across a series of
as well as the academic and policy
chapters, Wenzel, a libertarian who
communities that carefully monitor
confines the role of the state to protectentrepreneurial developments. Drawing life, liberty, and property, and
ing on a wide array of sources, such
Schlueter, a conservative who thinks
as the Kauffman Firm Survey, Small
the state should actively encourage
Business Administration, and Astia, the moral behavior and correct market
authors present practical suggestions
failure, systematically outline the cases
for women-owned, growth-oriented
for their respective positions. Critiqubusinessesguiding them as they
ing each others ideas, the authors go
finance their expansion. Coleman and
on to put forth their methodologies,
Robbs approach not only attends to the natural law liberalism and robust
specific concerns of female business
political economy, drawing out and
owners, but also takes into account the
defending the positive and practical
growing pool of investors who will play aspects of each. Their debate culminates
a valuable role in selecting and groomin an examination of three different
ing the next generation of women
case studiesmarriage, immigration,
entrepreneurs. A pioneering strategy
and educationthat vividly illustrate
guide at the intersection of research
the diverging principles underlying
and practice, The Next Wave will help
conservativism and libertarianism.
women who want to go big to bring
Ideal for use in the classroom, Selfish
home their goals.
Libertarians and Socialist Conservatives?
places these two perspectives in a
FORTHCOMING IN FALL 2016
fruitful dialogue with one another,
and provides an in-depth exposition
that illuminates the foundations of
contemporary political practice.
Also of Interest

Feminine Capital

FORTHCOMING IN FALL 2016

BARBARA J. ORSER AND

CATHERINE ELLIOTT

Also of Interest

Unlocking the Power of

Women Entrepreneurs
240 pp., 2015
9780804783798 Paper $27.95 $22.36 sale
9780804783781 Cloth $90.00 $72.00 sale

Kantian Ethics and

Economics

Autonomy, Dignity,
and Character
MARK D. WHITE

288 pp., 2011

9780804768948 Cloth $35.00 $28.00 sale

288 pp., 2012

9780804773065 Paper $27.95 $22.36 sale
9780804773058 Cloth $85.00 $68.00 sale

10

ENTREPRENEURSHIP

ECONOMICS & PHILOSOPHY

The Emotional Logic

of Capitalism

What Progressives Have Missed

MARTIJN KONINGS

The capitalist market, progressives

bemoan, is a cold monster: it disrupts
social bonds, erodes emotional attachments, and imposes an abstract,
utilitarian rationality. But what if such
hallowed critiques are completely
misleading? This book argues that
the production of new sources of
faith and enchantment is crucial
to the dynamics of the capitalist
economy. Distinctively secular patterns of attraction and attachment
give modern institutions a binding
force that was not available to more
traditional forms of rule. Elaborating
his alternative approach through an
engagement with the semiotics of
money and the genealogy of economy,
Martijn Konings uncovers capitalisms
emotional and theological content in
order to understand the paradoxical
sources of cohesion and legitimacy
that it commands. In developing this
perspective, he draws on pragmatist
thought to rework and revitalize the
Marxist critique of capitalism.
184 pp., 2015
9780804794473 Paper $22.95 $18.36 sale
9780804794077 Cloth $70.00 $56.00 sale

SNAP Matters

Organizing Organic

EDITED BY JUDITH BARTFELD,

CRAIG GUNDERSEN,
TIMOTHY M. SMEEDING, AND
JAMES P. ZILIAK

MICHAEL A. HAEDICKE

How Food Stamps Affect

Health and Well-Being

In 1963 President Kennedy proposed

making a pilot project permanent: the
Food Stamp Program (FSP). By 2013,
more than one in seven Americans
received food stamp benefits from
the renamed Supplemental Nutrition Assistance Program (SNAP) at
a cost of nearly $80 billion. Today,
the program faces sharp political
pressure, but the research necessary
to guide policy is still nascent.
In SNAP Matters, Judith Bartfeld,
Craig Gundersen, Timothy M. Smeeding, and James P. Ziliak gather top
scholars to begin asking and answering the questions that matter when it
comes to food stamps. What are the
antipoverty effects of SNAP? Does
SNAP cause obesity? To what extent
does SNAP work in tandem with
other assistance programs? Overall,
the volume concludes that SNAP is
effective and highly responsive to
macroeconomic pressures, but policymakers, students, and researchers
need to continue examining this pillar
of social assistance in America.
STUDIES IN SOCIAL INEQUALITY

288 pp., 2015

9780804796835 Paper $27.95 $22.36 sale
9780804794466 Cloth $90.00 $72.00 sale

Conflict and Compromise in

an Emerging Market
Tracing the history of the organic food
sector, Michael A. Haedicke charts
the development of two narratives
in the organic debate that give way
to competing institutional logics.
Social activists contend that organics
can break up the concentration of
power that rests with big, traditional
agribusiness. Alternatively, professionals who are steeped in the culture
of business emphasize the potential
for market growth, for fostering
better behemoths. Independent
food store owners are then left to
reconcile these ideas as they construct
their professional identities and
hone their business strategies.
Haedicke looks at how these groups
make sense of their everyday work,
paying particular attention to instances
when individuals overcome conflicting
narratives by creating new cultural
concepts and organizational forms. At
once an account of the sectors development and an analysis of individual
choices within it, Organizing Organic
charts the organic movements attempt to negotiate ethical values and
economic productivity.
232 pp., 2016
9780804795906 $60.00 $48.00 sale

ECONOMIC SOCIOLOGY

11

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