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It’s difficult to overstate the impact of conservative economics on American life. The conservative thought of economists like Milton Friedman, James Buchanan, and Friedrick Hayek has provided the conceptual framework that undergirds nearly every aspect of current U.S. social-economic policy. Although a great deal has been written about the economic theories of these Nobel Pirze-winning economists, this study is the first to examine the political theory that underlies conservative economics and its implications for public policy. Long associated with the “Chicago” and “public choice” schools of thought, Friedman, Buchanan, Hayek, and others have consistently repudiated Keynesian pr...
Providing students of economics, politics, and policy with a concise explanation of public choice, markets, property, and political and economic processes, this record identifies what kinds of actions are beyond the ability of government. Combining public choice with studies of the value of property rights, markets, and institutions, this account produces a much different picture of modern political economy than the one accepted by mainstream political scientists and welfare economists. It demonstrates that when citizens request that their governments do more than it is possible, net benefits are reduced, costs are increased, and wealth and freedom are diminished. Solutions are also suggested with the goal to improve the lot of those who should be the ultimate sovereigns in a democracy: the citizens.
Based on newly-discovered, secret documents from German archives, diaries and newspapers of the time, Gun Control in the Third Reich presents the definitive, yet hidden history of how the Nazi regime made use of gun control to disarm and repress its enemies and consolidate power. The countless books on the Third Reich and the Holocaust fail even to mention the laws restricting firearms ownership, which rendered political opponents and Jews defenseless. A skeptic could surmise that a better-armed populace might have made no difference, but the National Socialist regime certainly did not think so—it ruthlessly suppressed firearm ownership by disfavored groups. Gun Control in the Third Reich spans the two decades from the birth of the Weimar Republic in 1918 through Kristallnacht in 1938. The book then presents a panorama of pertinent events during World War II regarding the effects of the disarming policies. And even though in the occupied countries the Nazis decreed the death penalty for possession of a firearm, there developed instances of heroic armed resistance by Jews, particularly the Warsaw ghetto uprising.
In this detailed economic investigation of sustainable development, a noted professor of economics argues that many of the alarms commonly sounded by environmentalists are, in fact, unfounded, and that current sustainable development policies should be reconsidered in light of their effects on the earth's human population, such as increased poverty and environmental degradation in developing countries. In a rare balanced counterpoint to popular sustainable development rhetoric, Professor Beckerman forces policy makers to consider whether future generations have rights that morally constrain and trump the claims of those alive today, particularly the masses of people living in dire poverty, arguing that the current sustainable development program is a menace to the prosperity and freedom of both current and future generations.
This classic presents a detailed and lively discussion of the history, significance, and implications of coalitions in the American two-party system. Lipset and his colleagues set forth strategies and guideposts. These essays of the twenty-one scholars, party leaders, and candidates are an update of the 1978 volume Emerging Coalitions in American Politics, also edited by Lipset.
Agricultural subsidies in grains, cotton, milk, sugar, tobacco, honey, wool, and peanuts are analyzed in this examination of U.S. farm policy. Looking at such programs as food stamps, crop insurance, subsidized credit, trade credit, trade subsidies and import restrictions, conservation, agricultural research, and taxation, this historical perspective argues that these subsidies ultimately redistribute wealth to powerful agricultural interests who use their political clout to advance their economic interests at the expense of the general public. This analysis of government farm programs will appeal to professors and students who study agriculture; people affected by government farm policies; public officials, and businesses affected by agricultural policy such as those in food service, retail, and distribution.
In recent years governments have increasingly given their central banks the freedom to pursue policies of price stability. In particular, the German Bundesbank and the U.S. Federal Reserve have been widely considered models of autonomous policymaking. This book traces the origins of their success to the political struggle to adopt monetarism in Germany and the United States. The Government of Money contends that the political involvement of monetarist economists was central to this endeavor. The book examines the initiatives undertaken by monetarists from 1970 to 1985 and the policies that resulted once their ideas were enacted. Taking a historical approach to major issues of political econo...