Looking dapper in their tuxedos, 2013 Nobel in Economics co-winner Robert Shiller (r) and Princeton University Press Director Peter Dougherty (l) prepare for the awards ceremony today at the Stockholm Concer Hall in Sweden. Shiller, along with fellow economists Eugene Fama and Lars Peter Hansen (also a PUP author), were awarded the prize in October. Read all about winners of the The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2013, as it is officially called, on the official website.
Angus Deaton, author of The Great Escape: Health, Wealth, and the Origins of Inequality recently did a podcast with Russ Roberts to talk about our standard of living and The Great Escape. Deaton surveys the improvements in life expectancy and income both in the developed and undeveloped world. Inequality of both health and wealth are discussed as well. The conversation closes with a discussion of foreign aid and what rich nations can do for the poor.
The interview was then discussed on another popular economics blog, Café Hayek, which includes an excerpt of the interview.
He will also be at an event at the World Bank on December 2nd at 12:30. Unfortunately, there isn’t an event page for this anywhere yet, but we’ll sure to post more about it when we can!
The Global Governance of International Migration: What Next?
The Global Governance of International Migration: What Next?
The regulation of international migration and migrant rights are among the most contested public policy issues around the world. In 2013-14 a series of high-level policy meetings (including the High-Level Dialogue on Migration and Development in New York, and the Global Forum on Migration and Development in Stockholm) will debate the global governance of migration, migrant rights and development. Do we need more global governance of international migration? If so, why and what should it aim to achieve? How, if at all, should international migration be integrated in the post-2015 development agenda? Come and join the debate!
Chair: Robin Cohen (Kellogg College and International Migration Institute, Oxford)
- Paul Collier (Blavatnik School of Government, Oxford), author of Exodus: How Migration is Changing the World, Oxford University Press 2013
- Ian Goldin (Oxford Martin School), author of Exceptional People: How Migration Shaped Our World and Will Define Our Future, Princeton University Press 2012
- Cathryn Costello (Refugee Studies Centre, Oxford), author of The Human Rights of Migrants in European Law, Oxford University Press 2014
- Martin Ruhs (Kellogg College, OUDCE and COMPAS, Oxford), author of The Price of Rights: Regulating International Labor Migration, Princeton University Press 2013
17.00-18.30 Panel Discussion in the lecture hall at the University of Oxford Museum of Natural History
18.30-19.30 Drinks Reception at Kellogg College
19.30-21.30 Dinner at Kellogg College
Both the panel discussion and drinks reception are FREE of charge. The dinner at Kellogg College is £15.00 per person.
To book please email: email@example.com
Please specify whether your booking pertains to the discussion, drinks and/or dinner. Include names of all guests and any dietary requirements.
Admati and Hellwig seek to engage the broader public in the debate by cutting through the jargon of banking, clearing the fog of confusion, and presenting the issues in simple and accessible terms. The Bankers’ New Clothes calls for ambitious reform and outlines specific and highly beneficial steps that can be taken immediately.
Anat Admati is the George G. C. Parker Professor of Finance and Economics at Stanford’s Graduate School of Business. She serves on the FDIC Systemic Resolution Advisory Committee and has contributed to the Financial Times, Bloomberg News, and the New York Times. Martin Hellwig is director at the Max Planck Institute for Research on Collective Goods. He was the first chair of the Advisory Scientific Committee of the European Systemic Risk Board and the cowinner of the 2012 Max Planck Research Award for his work on financial regulation.
Damon Phillips, author of Shaping Jazz: Cities, Labels, and the Global Emergence of an Art Form, recently sat down with Princeton University Press’ Eric Schwartz to discuss his new book and some of the topics it covers.
There are over a million jazz recordings, but only a few hundred tunes have been recorded repeatedly. Why did a minority of songs become jazz standards? Why do some songs–and not others–get rerecorded by many musicians? Shaping Jazz answers this question and more, exploring the underappreciated yet crucial roles played by initial production and markets–in particular, organizations and geography–in the development of early twentieth-century jazz.
Damon Phillips considers why places like New York played more important roles as engines of diffusion than as the sources of standards. He demonstrates why and when certain geographical references in tune and group titles were considered more desirable. He also explains why a place like Berlin, which produced jazz abundantly from the 1920s to early 1930s, is now on jazz’s historical sidelines. Phillips shows the key influences of firms in the recording industry, including how record companies and their executives affected what music was recorded, and why major companies would rerelease recordings under artistic pseudonyms. He indicates how a recording’s appeal was related to the narrative around its creation, and how the identities of its firm and musicians influenced the tune’s long-run popularity.
Applying fascinating ideas about market emergence to a music’s commercialization, Shaping Jazz offers a unique look at the origins of a groundbreaking art form.
Damon J. Phillips is the James P. Gorman Professor of Business Strategy at Columbia University and a faculty affiliate of Columbia’s Center for Jazz Studies and the Center for Organizational Innovation.
Spain’s development from a premodern society into a modern unified nation-state with an integrated economy was painfully slow and varied widely by region. Economic historians have long argued that high internal transportation costs limited domestic market integration, while at the same time the Castilian capital city of Madrid drew resources from surrounding Spanish regions as it pursued its quest for centralization. According to this view, powerful Madrid thwarted trade over large geographic distances by destroying an integrated network of manufacturing towns in the Spanish interior.
Challenging this long-held view, Regina Grafe argues that decentralization, not a strong and powerful Madrid, is to blame for Spain’s slow march to modernity. Through a groundbreaking analysis of the market for bacalao–dried and salted codfish that was a transatlantic commodity and staple food during this period–Grafe shows how peripheral historic territories and powerful interior towns obstructed Spain’s economic development through jurisdictional obstacles to trade, which exacerbated already high transport costs. She reveals how the early phases of globalization made these regions much more externally focused, and how coastal elites that were engaged in trade outside Spain sought to sustain their positions of power in relation to Madrid.
Distant Tyranny offers a needed reassessment of the haphazard and regionally diverse process of state formation and market integration in early modern Spain, showing how local and regional agency paradoxically led to legitimate governance but economic backwardness.
Regina Grafe is associate professor of history at Northwestern University.
Angus Deaton, author of The Great Escape: Health, Wealth, and the Origins of Inequality, recently did an interview with John McDermott of Financial Times. Deaton spoke about his book and the past and present of global inequality.
Alan Greenspan, former Chairman of the Federal Reserve, recently recommended The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order in an interview for the Associated Press, calling it “excellent”. The author of the book, Benn Steil, was delighted to see this tweet from Liberty News a few days ago, spreading the news of this exciting endorsement. You can read the full article from the Associated Press here.
Often downplayed in the excitement of starting up a new business venture is one of the most important decisions entrepreneurs will face: should they go it alone, or bring in cofounders, hires, and investors to help build the business? More than just financial rewards are at stake. Friendships and relationships can suffer. Bad decisions at the inception of a promising venture lay the foundations for its eventual ruin. The Founder’s Dilemmas is the first book to examine the early decisions by entrepreneurs that can make or break a startup and its team.
Drawing on a decade of research, Noam Wasserman reveals the common pitfalls founders face and how to avoid them. He looks at whether it is a good idea to cofound with friends or relatives, how and when to split the equity within the founding team, and how to recognize when a successful founder-CEO should exit or be fired. Wasserman explains how to anticipate, avoid, or recover from disastrous mistakes that can splinter a founding team, strip founders of control, and leave founders without a financial payoff for their hard work and innovative ideas. He highlights the need at each step to strike a careful balance between controlling the startup and attracting the best resources to grow it, and demonstrates why the easy short-term choice is often the most perilous in the long term.
The Founder’s Dilemmas draws on the inside stories of founders like Evan Williams of Twitter and Tim Westergren of Pandora, while mining quantitative data on almost ten thousand founders.
People problems are the leading cause of failure in startups; The Founder’s Dilemmas offers solutions no entrepreneur can afford to ignore.
Noam Wasserman is an associate professor at Harvard Business School.
The 2013 Bristol Festival of Ideas aims to stimulate people’s minds and passions with an inspiring programme of discussion and debate throughout the year.
The authumn 2013 brochure can be found in PDF form here. A Princeton University Press author, Martin Ruhs, will be at one of the events to speak about his book, The Price of Rights: Regulating International Labor Migration at The New World Economy discussion on November 22nd (see page 7 of the brochure).
The following is a description of the discussion from the brochure:
The idea that the world’s centre of economic gravity is moving to the BRIC nations – Brazil, China, India and Russia – and other economies formerly known as ‘developing’ has become familiar. But what are the implications for the West of this historic shift in economic power, towards the countries with the majority of the world’s population and resources? Equally, what are the challenges and opportunities ahead for the fast-growing economies of Asia and Africa?
Be sure to check out all of the great speakers and events, and to keep checking back at the Festival of Ideas website for updates and more information.
The NYU Development Research Institute presents a book launch: The Great Escape: Health, Wealth, and the Origins of Inequality
Featuring author Angus Deaton:
- Dwight D. Eisenhower Professor of International Affairs and Professor of Economics and International Affairs at the Woodrow Wilson School and the Economics Department at Princeton
With an introduction from William Easterly
- Professor of Economics at New York University and Co-director of the NYU Development Research Institute
Thursday, October 24, 2013
REGISTER HERE for free!
5pm-6pm: Wine and cheese reception at 44 Washington Mews
6pm-7pm: Talk and Q&A with Angus Deaton across the street at 14A Washington Mews
7pm-7:30pm: Book Signing at 14A Washington Mews
The world is a better place than it used to be. People are wealthier and healthier, and live longer lives. Yet the escapes from destitution by so many have left gaping inequalities between people and between nations. In The Great Escape, Angus Deaton–one of the foremost experts on economic development and on poverty–tells the remarkable story of how, starting 250 years ago, some parts of the world began to experience sustained progress, opening up gaps and setting the stage for today’s hugely unequal world.
“This is a must-read for anybody interested in the wealth and health of nations.”–Daron Acemoglu, coauthor of Why Nations Fail
Deaton describes vast innovations and wrenching setbacks: the successes of antibiotics, pest control, vaccinations, and clean water on the one hand, and disastrous famines and the HIV/AIDS epidemic on the other. He also considers how economic growth in India and China has improved the lives of more than a billion people. Deaton argues that international aid has been ineffective and even harmful. He suggests alternative efforts–including reforming incentives to drug companies and lifting trade restrictions–that will allow the developing world to bring about its own Great Escape.
To go to the event page, click here.