Essays on the Economic Role of Government
Essays on the Economic Role of Government

Author: Warren J. Samuels

Publisher: Springer

Published: 1992-06-18

Total Pages: 350

ISBN-13: 1349123749

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This collection of articles examines the fundamental non-ideological conceptions and relationships consutituting the economic role of government, especially in market economies. The fundamental concepts include the nature of economic policy and the problem of order in economic affairs.

Government and the American Economy
Government and the American Economy

Author: Price V. Fishback

Publisher: University of Chicago Press

Published: 2008-09-15

Total Pages: 634

ISBN-13: 0226251292

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The American economy has provided a level of well-being that has consistently ranked at or near the top of the international ladder. A key source of this success has been widespread participation in political and economic processes. In The Government and the American Economy, leading economic historians chronicle the significance of America’s open-access society and the roles played by government in its unrivaled success story. America’s democratic experiment, the authors show, allowed individuals and interest groups to shape the structure and policies of government, which, in turn, have fostered economic success and innovation by emphasizing private property rights, the rule of law, and protections of individual freedom. In response to new demands for infrastructure, America’s federal structure hastened development by promoting the primacy of states, cities, and national governments. More recently, the economic reach of American government expanded dramatically as the populace accepted stronger limits on its economic freedoms in exchange for the increased security provided by regulation, an expanded welfare state, and a stronger national defense.

Why Government Is the Problem
Why Government Is the Problem

Author: Milton Friedman

Publisher: Hoover Press

Published: 2013-09-01

Total Pages: 22

ISBN-13: 0817954430

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Friedman discusses a government system that is no longer controlled by "we, the people." Instead of Lincoln's government "of the people, by the people, and for the people," we now have a government "of the people, by the bureaucrats, for the bureaucrats," including the elected representatives who have become bureaucrats.

Money and Government
Money and Government

Author: Robert Skidelsky

Publisher: Yale University Press

Published: 2018-11-13

Total Pages: 513

ISBN-13: 030024424X

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A critical examination of economics' past and future, and how it needs to change, by one of the most eminent political economists of our time The dominant view in economics is that money and government should play only minor roles in economic life. Economic outcomes, it is claimed, are best left to the "invisible hand" of the market. Yet these claims remain staunchly unsettled. The view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any market economy. Since Adam Smith, classical economics has espoused non-intervention in markets. The Great Depression brought Keynesian economics to the fore; but stagflation in the 1970s brought a return to small-state orthodoxy. The 2008 global financial crash should have brought a reevaluation of that stance; instead the response has been punishing austerity and anemic recovery. This book aims to reintroduce Keynes’s central insights to a new generation of economists, and embolden them to return money and government to the starring roles in the economic drama that they deserve.

The Theory of Money and Financial Institutions
The Theory of Money and Financial Institutions

Author: Martin Shubik

Publisher: MIT Press

Published: 1999

Total Pages: 472

ISBN-13: 9780262693110

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This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.

Essays in the History of Heterodox Political Economy
Essays in the History of Heterodox Political Economy

Author: Warren J. Samuels

Publisher: Springer

Published: 1992-06-18

Total Pages: 360

ISBN-13: 1349122637

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A collection of articles on topics and individuals within the history of heterodox economic thought, approached from a heterodox perspective. The individuals whose work is singled out include Edward Bellamy, Thorstein Veblen, Edwin E. Witte, Robert Lee Hale and Joan Robinson.