To the distinguished economic historian Jonathan Hughes, the
ambiguous outcomes of attempted deregulation signal America's
urgent need to probe the origins of our vast and chaotic maze of
government economic controls. Why do government restrictions on the
economy continue to proliferate, in spite of avowed efforts to
allow the market a freer rein? How did this complicated network of
nonmarket economic controls come about and whose purposes does it
serve? How can we render such controls less destructive of
productivity and wealth-creating activity? While exploring these
questions, Jonathan Hughes updates his classic book The
Governmental Habit to reflect the experience of what he calls the
"wild ride" of the last fifteen years and to include a survey of
new thinking about the problems of government intervention and
control of economic life. Hughes's comprehensive work provides a
narrative history of governmental involvement in the U.S. economy
from the colonial period to the present, arguing convincingly that
the "governmental habit" is deeply rooted in the country's past. In
the lively and accessible style of the earlier book, The
Governmental Habit Redux contends that modern American government
is basically an enormous version of American colonial regimes.
Changes in scale have transformed what was once an acceptable
pattern into a conglomeration of inefficient and wasteful
bureaucracies. Originally published in 1991. The Princeton Legacy
Library uses the latest print-on-demand technology to again make
available previously out-of-print books from the distinguished
backlist of Princeton University Press. These editions preserve the
original texts of these important books while presenting them in
durable paperback and hardcover editions. The goal of the Princeton
Legacy Library is to vastly increase access to the rich scholarly
heritage found in the thousands of books published by Princeton
University Press since its founding in 1905.
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