Choose Economic Freedom

Kort om boken

What are the keys to good economic policy? George P. Shultz and John B. Taylor draw from their several decades of experience at the forefront of national economic policy making to show how letting the market work on its own, without government inter…
99,-
Format/språk
Format
Forklaring av formater

    Om Choose Economic Freedom

    What are the keys to good economic policy? George P. Shultz and John B. Taylor draw from their several decades of experience at the forefront of national economic policy making to show how letting the market work on its own, without government intervention, is a recipe for success. Choose Economic Freedom reconstructs debates from the 1960s and 1970s about the use of wage and price controls as a tool of policy, showing how brilliant economists can hold diametrically opposed views about the wisdom of using government intervention to spur the economy. Speeches and documents from the era include a recently discovered memo from Arthur Burns, Federal Reserve Chair, in 1971, in which he argues in favor of controls. Under Burns's guidance and in the face of stubborn inflation, Nixon introduced wage and price guidelines and freezes. But over the long run, these became a drag on the economy and ultimately failed. It wasn't until the Reagan administration that these controls were reversed, resulting in a vibrant economy. The words of iconic economist Milton Friedman-whose "free to choose" ethos inspired the free-market revolution of the Reagan era- along with lessons Shultz and Taylor learned from the front lines, demonstrate that tried-and-true economic policy works.

    Kundevurderinger

    Totalvurdering: 

    Detaljer

    Format
    E-Bok
    Kopisperre
    Teknisk DRM
    Filformat
    ePUB
    Utgivelsesår
    2020
    Forlag
    Hoover Institution Press
    Språk
    Engelsk
    ISBN
    9780817923464
    Emne
    Economics, finance, business & management

    Anbefalt

    Anbefalt