Economic Sociology

Going beyond the how and why of burnout, a former tenured professor combines academic methods and first-person experience to propose new ways for resisting our cultural obsession with work and transforming our vision of human flourishing.

The top 1 percent of Americans control 40 percent of the nation's wealth. And, as Joseph E. Stiglitz explains, while those at the top enjoy the best health care, education, and benefits of wealth, they fail to realize that "their fate is bound up with how the other 99 percent live." Stiglitz draws on his deep understanding of economics to show that growing inequality is not inevitable. He examines our current state, then teases out its implications for democracy, for monetary and budgetary policy, and for globalization. He closes with a plan for a more just and prosperous future.

Assume nothing, question everything. This is the message at the heart of Freakonomics, Levitt and Dubner's rule-breaking, iconoclastic book about crack dealers, cheating teachers and bizarre baby names that turned everyone's view of the world upside-down and became an international multi-million-copy-selling phenomenon.

Are mass violence and catastrophes the only forces that can seriously decrease economic inequality? To judge by thousands of years of history, the answer is yes. Tracing the global history of inequality from the Stone Age to today, Walter Scheidel shows that inequality never dies peacefully. Inequality declines when carnage and disaster strike and increases when peace and stability return. The Great Leveler is the first book to chart the crucial role of violent shocks in reducing inequality over the full sweep of human history around the world.

In this acclaimed investigation, Owen Jones explores how the working class has gone from 'salt of the earth' to 'scum of the earth.' Exposing the ignorance and prejudice at the heart of the chav caricature, he portrays a far more complex reality. The chav stereotype, he argues, is used by governments as a convenient fig leaf to avoid genuine engagement with social and economic problems and to justify widening inequality.

J. D. Vance grew up in the hills of Kentucky. His family and friends were the people most of the world calls rednecks, hillbillies or white trash. In this deeply moving memoir, Vance tells the story of his family’s demons and of America’s problem with generational neglect. How his mother struggled against, but never fully escaped, the legacies of abuse, alcoholism, poverty and trauma. How his grandparents, ‘dirt poor and in love’, gave everything for their children to chase the American dream. How Vance beat the odds to graduate from Yale Law School.

In the decades before the First World War, the owners of the nation’s stately homes revelled in a golden age of glory and glamour. Nothing lay beyond their reach in a world where privilege and hedonism went hand-in-hand with duty and honour. This was a time when the ancestral seats of ancient nobility stood side-by-side with the fabulous palaces of Jewish bankers and Indian princes, when dukes and duchesses mixed with aristocratic society hostesses who had learned to dance in the chorus line and self-made millionaires who had been raised in the slums of Manchester and Birmingham.

In this challenging work, Christopher Lasch makes an accessible critique of what is wrong with the values and beliefs of America's professional and managerial elites. The distinguished historian argues that democracy today is threatened not by the masses, as Jose Ortega y Gasset ( The Revolt of the Masses) had said, but by the elites. These elites - mobile and increasingly global in outlook - refuse to accept limits or ties to nation and place.

Beyond race or class, our lives are defined by a powerful, unspoken system of divisions. Pulitzer Prize-winning author Isabel Wilkerson gives an astounding portrait of this hidden phenomenon. Linking America, India and Nazi Germany, Wilkerson reveals how our world has been shaped by caste - and how its rigid, arbitrary hierarchies still divide us today. With clear-sighted rigour, Wilkerson unearths the eight pillars that connect caste systems across civilisations and demonstrates how our own era of intensifying conflict and upheaval has arisen as a consequence of caste.

Exploring the sometimes hilarious, sometimes devastating impact of crowd behavior and trading trickery on the financial markets, this book brilliantly combines two all-time investment classics. Extraordinary Popular Delusions and Confusión de Confusiones take us from Tulipmania in 1634-when tulips actually traded at a higher price than gold - to the South Sea "bubble" of 1720, and beyond. Securities analyst and author Martin Fridson guides you on a quirky, entertaining, and intriguing journey back through time.

The vast majority of our country is entirely unknown to us because we are banned from setting foot on it. By law of trespass, we are excluded from 92 per cent of the land and 97 per cent of its waterways, blocked by walls whose legitimacy is rarely questioned. But behind them lies a story of enclosure, exploitation and dispossession of public rights whose effects last to this day. The Book of Trespass takes us on a journey over the walls of England, into the thousands of square miles of rivers, woodland, lakes and meadows that are blocked from public access.

From the Gilded Age until 1914, more than 100 American heiresses invaded Britannia and swapped dollars for titles-just like Cora Crawley, Countess of Grantham, the first of the Downton Abbey characters Julian Fellowes was inspired to create after reading To Marry An English Lord. Filled with vivid personalities, gossipy anecdotes, grand houses, and a wealth of period details-plus photographs, illustrations, quotes, and the finer points of Victorian and Edwardian etiquette- To Marry An English Lord is social history at its liveliest and most accessible.

As the shockwaves of COVID-19 continue to spread, and as the smoke clears from a year of anger and unrest, many people feel forlorn about the future. In End State, James Plunkett argues that this can be a moment not of despair, but of historic opportunity - a chance to rethink, renew and reform some of the most fundamental ways we organise society. In much the same way as societies emerged stronger from crises in the past - building the state as we know it today - we, too, can build a happier future.

Getting in is only half the battle. The Privileged Poor reveals how - and why - disadvantaged students struggle at elite colleges and explains what schools can do differently if these students are to thrive. The Ivy League looks different than it used to. College presidents and deans of admission have opened their doors - and their coffers - to support a more diverse student body. But is it enough just to admit these students? In The Privileged Poor, Anthony Jack reveals that the struggles of less privileged students continue long after they've arrived on campus.

Trade disputes are usually understood as conflicts between countries with competing national interests, but as Matthew C. Klein and Michael Pettis show in this book, they are often the unexpected result of domestic political choices to serve the interests of the rich at the expense of workers and ordinary retirees. Klein and Pettis trace the origins of today's trade wars to decisions made by politicians and business leaders in China, Europe, and the United States over the past 30 years.

It's OK to be angry about capitalism. It's OK to want something better. Bernie Sanders takes on the 1% and speaks blunt truths about a system that is fuelled by uncontrolled greed, and rigged against ordinary people. Where a handful of oligarchs have never had it so good, with more money than they could spend in a thousand lifetimes, and the vast majority struggle to survive. Where a decent standard of living for all seems like an impossible dream.

An engaging, polemical romp through economic theory, computational complexity, and the history of planning, The People's Republic of Walmart revives the conversation about how society can extend democratic decision-making to all economic matters. With the advances in information technology in recent decades and the emergence of globe-straddling collective enterprises, democratic planning in the interest of all humanity is more important and closer to attainment than ever before.

The Suez Crisis of 1956 was Britain's 20th-century nadir, the moment when the once superpower was bullied into retreat. In the immortal words of former US Secretary of State Dean Acheson, 'Britain has lost an empire and not yet found a role.' But the funny thing was, Britain had already found a role. It even had the costume. The leaders of the world just hadn't noticed it yet. Butler to the World reveals how the UK took up its position at the elbow of the worst people on Earth: the oligarchs, kleptocrats and gangsters.

A sociologist and former fashion model takes listeners inside the elite global party circuit of "models and bottles" to reveal how beautiful young women are used to boost the status of men.

Society has never been more egalitarian—in theory. Prejudice is taboo, and diversity is strongly valued. At the same time, social and economic inequality have exploded. In We Have Never Been Woke, Musa al-Gharbi argues that these trends are closely related, each tied to the rise of a new elite—the symbolic capitalists.