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Thinking like an Economist - How Efficiency Replaced Equality in U.S. Public Policy
Loot Price: R546
Discovery Miles 5 460
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Thinking like an Economist - How Efficiency Replaced Equality in U.S. Public Policy
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Was R684
Loot Price R546
Discovery Miles 5 460
You Save R138 (20%)
Expected to ship within 12 - 17 working days
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The story of how economic reasoning came to dominate Washington
between the 1960s and 1980s—and why it continues to constrain
progressive ambitions today For decades, Democratic politicians
have frustrated progressives by tinkering around the margins of
policy while shying away from truly ambitious change. What happened
to bold political vision on the left, and what shrunk the very
horizons of possibility? In Thinking like an Economist, Elizabeth
Popp Berman tells the story of how a distinctive way of
thinking—an “economic style of reasoning”—became dominant
in Washington between the 1960s and the 1980s and how it continues
to dramatically narrow debates over public policy today. Introduced
by liberal technocrats who hoped to improve government, this way of
thinking was grounded in economics but also transformed law and
policy. At its core was an economic understanding of efficiency,
and its advocates often found themselves allied with Republicans
and in conflict with liberal Democrats who argued for rights,
equality, and limits on corporate power. By the Carter
administration, economic reasoning had spread throughout government
policy and laws affecting poverty, healthcare, antitrust,
transportation, and the environment. Fearing waste and
overspending, liberals reined in their ambitions for decades to
come, even as Reagan and his Republican successors argued for
economic efficiency only when it helped their own goals. A
compelling account that illuminates what brought American politics
to its current state, Thinking like an Economist also offers
critical lessons for the future. With the political left resurgent
today, Democrats seem poised to break with the past—but doing so
will require abandoning the shibboleth of economic efficiency and
successfully advocating new ways of thinking about policy.
General
Imprint: |
Princeton University Press
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Country of origin: |
United States |
Release date: |
August 2023 |
Firstpublished: |
2022 |
Authors: |
Elizabeth Popp Berman
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Dimensions: |
235 x 156mm (L x W) |
Pages: |
344 |
ISBN-13: |
978-0-691-24888-2 |
Categories: |
Books
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LSN: |
0-691-24888-5 |
Barcode: |
9780691248882 |
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