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The Prosperity of Vice: A Worried View of Economics

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Description:Are robust economic growth and tight social cohesion something of the past, or is contemporary stagnation simply part of a long economic cycle that is bound to bring brighter days? Should government step in to boost productivity and income, or does economic globalization necessitate a new laissez-faire model for the twenty-first century? The Prosperity of Vice elucidates the current debates on these and other questions in a fast-paced and incisive tour of the dominant ideas in political economy, summarizing historical and theoretical perspectives on the causes of economic growth in the United States, Western Europe, Japan and elsewhere as the twentieth century draws to a close. Daniel Cohen discusses the effects of the slowdown of productivity in Europe and the United States and explains the origin of the apparent trade-off between unemployment in Europe and wage inequalities in the United States. On questions of economic policy and the competing academic views (new classical and Keynesian) on the efficiency of government intervention, Cohen inverts the Keynesian belief that governmentintervention causes growth, and explains why waves of government interventions(including wars) usually follow upward economic trends (rather than create it). But he also advocates government discretion rather than government neutrality by showing the disastrous consequences of a hands-off approach to debt, inflation and social security.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The Prosperity of Vice: A Worried View of Economics. To get started finding The Prosperity of Vice: A Worried View of Economics, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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ISBN: 0262300664

Description: Are robust economic growth and tight social cohesion something of the past, or is contemporary stagnation simply part of a long economic cycle that is bound to bring brighter days? Should government step in to boost productivity and income, or does economic globalization necessitate a new laissez-faire model for the twenty-first century? The Prosperity of Vice elucidates the current debates on these and other questions in a fast-paced and incisive tour of the dominant ideas in political economy, summarizing historical and theoretical perspectives on the causes of economic growth in the United States, Western Europe, Japan and elsewhere as the twentieth century draws to a close. Daniel Cohen discusses the effects of the slowdown of productivity in Europe and the United States and explains the origin of the apparent trade-off between unemployment in Europe and wage inequalities in the United States. On questions of economic policy and the competing academic views (new classical and Keynesian) on the efficiency of government intervention, Cohen inverts the Keynesian belief that governmentintervention causes growth, and explains why waves of government interventions(including wars) usually follow upward economic trends (rather than create it). But he also advocates government discretion rather than government neutrality by showing the disastrous consequences of a hands-off approach to debt, inflation and social security.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The Prosperity of Vice: A Worried View of Economics. To get started finding The Prosperity of Vice: A Worried View of Economics, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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The Prosperity of Vice: A Worried View of Economics

The Prosperity of Vice: A Worried View of Economics

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