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The Political Economy of Economic Freedom (Hardcover)
Loot Price: R3,670
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The Political Economy of Economic Freedom (Hardcover)
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The Political Economy of Economic Freedom brings together a timely
selection of Sir Alan Peacock's views on economic freedom, its
philosophy, its influence on the critique of economic policy and
the problems encountered in expanding it. The book represents a
diversity of experience ranging from academic speculation to close
involvement with policy issues. An opening chapter introduces the
essays and discusses the promotion of economic freedom. The book is
then divided into three parts and each essay is introduced with a
discussions of its intellectual origins. Part I considers how far
the pursuit of individual freedom conditions government
intervention in the pursuit of economic growth, the right to
freedom of expression, conduct in the market place and the
distribution of income, affording the author an opportunity to
analyse the views both of his contemporaries and such major figures
as Hume and Keynes. In Part II the author uses his specialist
knowledge of public choice and public finance to explore
'government failure' in attempts to impose progressive taxation, to
influence industry through subsidy and regulation and to control
bureaucracy. In the final part, the author draws on his personal
experience to demonstrate the problems encountered by economic
advisers in devising reforms in the tax system, the devolution of
government, social security and broadcasting. This volume will be
welcomed by business and government, as well as by professional
economists and social scientists familiar with Sir Alan's
commitment to economic analysis as the servant of policy debate
rather than merely a form of intellectual gymnastics.
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