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Concrete Economics - The Hamilton Approach to Economic Growth and Policy (Hardcover)
Loot Price: R580
Discovery Miles 5 800
You Save: R175
(23%)
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Concrete Economics - The Hamilton Approach to Economic Growth and Policy (Hardcover)
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List price R755
Loot Price R580
Discovery Miles 5 800
You Save R175 (23%)
Expected to ship within 12 - 17 working days
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"an excellent new book" -- Paul Krugman, The New York Times
History, not ideology, holds the key to growth. Brilliantly written
and argued, Concrete Economics shows how government has repeatedly
reshaped the American economy ever since Alexander Hamilton's
first, foundational redesign. This book does not rehash the sturdy
and long-accepted arguments that to thrive, entrepreneurial
economies need a broad range of freedoms. Instead, Steve Cohen and
Brad DeLong remedy our national amnesia about how our economy has
actually grown and the role government has played in redesigning
and reinvigorating it throughout our history. The government not
only sets the ground rules for entrepreneurial activity but directs
the surges of energy that mark a vibrant economy. This is as true
for present-day Silicon Valley as it was for New England
manufacturing at the dawn of the nineteenth century. The authors'
argument is not one based on abstract ideas, arcane discoveries, or
complex correlations. Instead it is based on the facts--facts that
were once well known but that have been obscured in a fog of
ideology--of how the US economy benefited from a pragmatic
government approach to succeed so brilliantly. Understanding how
our economy has grown in the past provides a blueprint for how we
might again redesign and reinvigorate it today, for such a redesign
is sorely needed.
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