Books > Business & Economics > Finance & accounting
|
Buy Now
Reacting to the Spending Spree - Policy Changes We Can Afford (Paperback)
Loot Price: R487
Discovery Miles 4 870
|
|
Reacting to the Spending Spree - Policy Changes We Can Afford (Paperback)
(sign in to rate)
Loot Price R487
Discovery Miles 4 870
Expected to ship within 12 - 17 working days
|
A team of expert contributors analyze the near- and long-term
implications of efforts by both the Obama and Bush administrations
to fix the current financial crisis. They examine a range of issues
affected by the proposed reforms, including health care, ""going
green,"" the Employee Free Choice Act, an openFew doubt the
seriousness of the recent crisis afflicting the financial systems
of the United States and the world, and still fewer claim that
nothing needs to be fixed. But many of the reforms proposed by both
the Bush and Obama administrations have triggered risks-risks that
have direct, short-term impact but that have been seriously
underexplored. In Reacting to the Spending Spree, a team of expert
contributors examines the implications of these reforms and how
they might affect a number of issues.Terry Anderson and Gary
Libecap argue, for instance, that the administration has not been
candid with the American public about the costs of the "green"
initiatives or about the likelihood of their ability to improve the
environment and that these initiatives are likely to encourage
protectionism, reduce international trade, and hence slow the
recovery of the U.S. and world economies. James Huffman asserts
that the "mad flurry" of infrastructure funding has simply led to a
rush for the money, with no rational system for ensuring that the
stated goals are achieved. And Richard Epstein examines the two
major health-care policy initiatives and claims that both are too
costly, as no government can successfully devise rules to constrain
demand while seeking to drive to zero the health-care costs of
recipients. Kevin Hassett offers his views on upcoming tax reforms,
raising the key question: Will they be a simple extension of the
more-popular preexisting policies or reforms that are guided by the
academic consensus? The answer, he says, will depend on our new
president's economic philosophy. In addition, Charles W. Calomiris
looks at bank regulatory reform, F. Scott Kieff and Henry E. Smith
analyze the important but often-overlooked debate on patent reform,
and Jagdish Bhagwati offers his views on the challenges of
embracing an open world economy. Ultimately, Reacting to the
Spending Spree shows that it is important for the government to
very soon pick one set of institutions, boldly similar or different
from those our society has long used, and then stick to whatever it
selects-for the costs of the vast uncertainties caused by ongoing
change outweigh whatever benefits may come from tinkering further.
Terry Anderson is the John and Jean De Nault Senior Fellow at the
Hoover Institution and the executive director of PERC-the Property
and Environment Research Center-a think tank in Bozeman, Montana,
that focuses on market solutions to environmental problems.
Contributors: Jagdish Bhagwati, Charles W. Calomiris, Richard A.
Epstein, Stephen H. Haber, Kevin Hassett, James Huffman, F. Scott
Kieff, Gary D. Libecap, and Henry E. Smith world economy, and more.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
You might also like..
|