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Subject: Interdisciplinary

Generational Poverty

An Economic Look at the Culture of the Poor

Adam D. Vass Gal, Belmont University

February 2015 / ISBN: 978-1-62273-018-6
Availability: In stock
146pp. ¦ $35 £20 €25

Are the impoverished victims of circumstance or are they contributing to their situations through their own actions and principles? This perplexing question does not have a simple answer. "Generational Poverty: An Economic Look at the Culture of the Poor" examines both sides of the coin. Written by an economist, the book provides a unique perspective into the study of this emotionally-charged issue. It shows that economic analysis can shed light on some of the roots of persistent poverty and may point to its potential solution. Generational Poverty covers the author’s eye-opening experiences with a young man named Jermaine and his family, initiated through the Big Brothers Big Sisters (BBBS) program. As someone who cares for Jermaine and his family, it was nothing short of a surprise to see first-hand some of the obstacles Jermaine’s family are creating for themselves, while at the same time battling many of today’s social constructs. In the course of the program, the author learned a great deal about Jermaine’s life, culture, and the obstacles he faces. This work identifies impediments that Jermaine has experienced as well as common challenges faced in his community. In the words of the author: “Most of my research for this book is devoted to pinpointing these cultural issues and gathering varying opinions for each one. While I do detail each unique perspective, my goal is to align each argument to an economic fundamental. This creates a more consistent diagnosis that does not depend on a personal set of values. My hope is that future economists will continue to study this suffering portion of our population to determine the most effective way to remedy the continuingly increasing problem of poverty.”

A Plan of the English Commerce

New Edition

Daniel Defoe

July 2014 / ISBN: 978-1-62273-001-8
Availability: In stock
187pp. ¦ $28 £20 €25

A Plan of the English Commerce is a rare piece of economic history covering the crucial period at the outset of the first Industrial Revolution and the early wave of globalization. Unlike other chroniclers of British economic development, Defoe was contemporary to and often had first-hand experience of important events. His account therefore offers an extraordinary vantage point, free from the distorting lens of modern theoretical explanations. An account rich in anecdotes and penetrating observations, Defoe’s work emphasizes neglected aspects of the world economy at the time, such as the interplay between industrial policy and international trade. Defoe argues that, under the Tudors, British industry developed under a heavily protected regime. Contrary to widespread belief, export controls, infant-industry subsidies, government-sponsored industrial espionage and aggressive technology transfer were routine. A Plan of the English Commerce is principal among Daniel Defoe’s works dealing with economic matters and remains of interest not only to economic historians but also to scholars concerned with economic development, international trade and industrial policy. This New Edition has been typeset with modern techniques and contains a newly compiled Index of important topics. Aiming for visual clarity and the minimization of redundancy, the New Edition drops the largely arbitrary italicization of words and applies a modern formatting style to the rudimentary tables found in the original. It has been painstakingly proofread to ensure that it is free from errors and that the content is faithful to the original, down to the unusually long chapter headings.

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