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Predeterminado Ebook: The Case for Big Government -- download full version of the book

*** THE CASE FOR BIG GOVERNMENT ***
by Jeff Madrick



Click Here to Download this Ebook

Type: eBook
Released: 2008-00-00
Publisher: Princeton University Press
Page Count: 218
Format: pdf
Language: English

Description:

From Publishers Weekly Former New York Times economics columnist Madrick takes aim at what he perceives as a dominant American antigovernment ideology with this overly ambitious text. The author's decidedly left-of-center thesis rests on the argument that "active and sizable government" is "essential to growth and prosperity." To make his case, Madrick begins with a too brief history of the relationship between the American government and the economy, from Hamilton and Jefferson's attitude toward laissez-faire economics through Jacob Riis's famous documentation of urban squalor near the turn of the 20th century to the Great Society initiatives of the 1960s. The author details the country's economic problems since the 1970s, despite the relative prosperity of the 1990s. In elaborating these points, Madrick attacks both the right and the left, and he returns consistently to the persistent influence of Milton Friedman on the antigovernment bias in American politics. This well-researched but somewhat formless book concludes with an extensive progressive agenda for redressing the limited influence of American government, covering a wide range of issues, from same-sex marriage to universal pre-k education. (Nov.) Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved. From Former New York Times economics*columnist Madrick announces this book as a refutation of laissez-faire economics encapsulated in Milton Friedman’s classic Capitalism and Freedom (1962). Friedman’s low-tax, deregulation principles, laments Madrick, have spread from its Republican Party bastion into the Clintonian centrist segment of the Democratic Party, impeding an expansion of the kind of government*Madrick desires. His argument for hiking taxes, increasing spending, and creating new bureaucracies runs on parallel tracks:*one maintains that such measures have not historically impeded economic growth; the*other asserts social-justice reasons for transforming the American welfare state into the Euro-style version. Both tracks carry Madrick’s data-heavy citations of studies and statistics, which, if a fair sampling of professional economic research, seem convincing. However, Madrick’s dismissive coverage of free-market-oriented scholars as ideological and simplistic raises doubt, though perhaps not among proponents of government-run day care, government-paid universal health care, government-equalized K–12 spending, government-paid college tuition, and much more that Madrick urges. Helpful to debaters, Madrick’s work succinctly summarizes a perspective from the Left on America’s economic problems. --Gilbert Taylor


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