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Political conservatives have long believed that the best government is a small government. But if this were true, noted economist Jeff Madrick argues, the nation would not be experiencing stagnant wages, rising health care costs, increasing unemployment, and concentrations of wealth for a narrow elite. In this perceptive and eye-opening book, Madrick proves that an engaged government--a big government of high taxes and wise regulations--is necessary for the social and economic answers that Americans desperately need in changing times. He shows that the big governments of past eras fostered greatness and prosperity, while weak, laissez-faire governments marked periods of corruption and exploi...
A vividly told history of how greed bred America’s economic ills over the last forty years, and of the men most responsible for them. As Jeff Madrick makes clear in a narrative at once sweeping, fast-paced, and incisive, the single-minded pursuit of huge personal wealth has been on the rise in the United States since the 1970s, led by a few individuals who have argued that self-interest guides society more effectively than community concerns. These stewards of American capitalism have insisted on the central and essential place of accumulated wealth through the booms, busts, and recessions of the last half century, giving rise to our current woes. In telling the stories of these politician...
This is a reprint of a previously published work. It deals with the megamerger movement of the 1980s and the scandals that it produced.
"The United States is no longer the only global center of power as it was in the first years of post-Cold War era. Neither are there just two superpowers -- the United States and the Union of Soviet Socialist Republics -- that define the course of global events. The new multipolarity implies the presence of several centers of power that will provide the opportunity for small states, such as Belarus, to move from one center of power to the other and/or to engage in a sort of geopolitical gamesmanship. During the last 10 years or so, Belarus moved from Russia to the European Union and back, while at the same time engaging in relationships with Iran and China. While relationships with Russia and the European Union have not been stable, the story is different with China and Iran. Belarus has always maintained a good relationship with both countries, especially with China. This demonstrates the increasing role of Asia in the geopolitical arrangements now and certainly in the years to come."-- Publisher's website.
Confidence in American government has been declining for three decades. Leading Harvard scholars here explore the roots of this mistrust by examining the government's current scope, its actual performance, citizens' perceptions of its performance, and explanations that have been offered for the decline of trust.
Explores the difficulties of writing histories of recent events, due to the lack of perspective, hindsight, and developed historiography.
A powerful, hopeful critique of the unnecessary death spiral of higher education, The Great Mistake is essential reading for those who wonder why students have been paying more to get less and for everyone who cares about the role the higher education system plays in improving the lives of average Americans.
Can government help? -- Are government social programs bad for economic growth? -- Would a bigger government hurt the economy? -- Thinking sensibly about the size of government
"A clarion call to address this most unjust blight upon the American landscape. Madrick has provided a valuable service in presenting a highly readable and cogent argument for change."--Mark R. Rank, The Washington Post By official count, more than one out of every six American children live beneath the poverty line. But statistics alone tell little of the story. In Invisible Americans, Jeff Madrick brings to light the often invisible reality and irreparable damage of child poverty in America. Keeping his focus on the children, he examines the roots of the problem, including the toothless remnants of our social welfare system, entrenched racism, and a government unmotivated to help the most ...