In the gruesome battle for Guadalcanal, David Levy was skipper of PT 59, one of several Patrol/Torpedo boats that were among the first U.S. Navy vessels to engage Japanese warships at the beginning of World War II. Dave's wartime experiences in the South Pacific marked one of the most transformative periods in his life. In the Navy he quickly learned to assume a "deal-maker" persona that helped him get along with fellow PT boat skippers, many of whom, like future president John F. Kennedy, came from privileged East Coast families. He got to be known in the Navy by the nickname "Hogan," famous as "the guy to go to," who could get things done, organize parties well-stocked with liquor and women, obtain supplies when none seemed available, and, in those early, desperate days of the battle for Guadalcanal, also perform in the top ranks of competent PT boat skippers. The PT boats were small, maneuverable, and fast, and they were given the seemingly impossible mission of regularly engaging and sinking the much larger and more numerous destroyers, cruisers, and battleships of the Imperial Japanese Navy. Dave's PT 59 was in the thick of all the action. These brave PT boat skippers, many of whom were graduates of Ivy League colleges or the U.S. Naval Academy, were a hard-partying group, and their "fast times" during World War II epitomized the intensity with which life was lived by those who, like Dave, were fully engaged in the deadly struggles of the Pacific War. Dave's wartime experiences shaped the rest of his life, a long journey that has included a successful law career, annual ski trips to his vacation home in Aspen since the early 1950s, and fishing all over the world.

These two titles look at long-term processes that have had a major impact on the modern world economy.

The orthodox view of economic policy holds that public deliberation sets the goals or ends, and then experts select the means to implement these goals. This assumes that experts are no more than trustworthy servants of the public interest. David M. Levy and Sandra J. Peart examine the historical record to consider cases in which experts were trusted with disastrous results, such as eugenics, the regulatory use of security ratings, and central economic planning. This history suggests that experts have not only the public interest but also their own interests to consider. The authors then recover and extend an alternative view of economic policy that subjects experts' proposals to further discussion, resulting in transparency and ensuring that the public obtains the best insights of experts in economics while avoiding pitfalls such as expert bias.

This is a new release of the original 1937 edition.

Kessinger Publishing is the place to find hundreds of thousands of rare and hard-to-find books with something of interest for everyone!

Kessinger Publishing is the place to find hundreds of thousands of rare and hard-to-find books with something of interest for everyone!

In the gruesome battle for Guadalcanal, David Levy was skipper of PT 59, one of several Patrol/Torpedo boats that were among the first U.S. Navy vessels to engage Japanese warships at the beginning of World War II. Dave's wartime experiences in the South Pacific marked one of the most transformative periods in his life. In the Navy he quickly learned to assume a "deal-maker" persona that helped him get along with fellow PT boat skippers, many of whom, like future president John F. Kennedy, came from privileged East Coast families. He got to be known in the Navy by the nickname "Hogan," famous as "the guy to go to," who could get things done, organize parties well-stocked with liquor and women, obtain supplies when none seemed available, and, in those early, desperate days of the battle for Guadalcanal, also perform in the top ranks of competent PT boat skippers. The PT boats were small, maneuverable, and fast, and they were given the seemingly impossible mission of regularly engaging and sinking the much larger and more numerous destroyers, cruisers, and battleships of the Imperial Japanese Navy. Dave's PT 59 was in the thick of all the action. These brave PT boat skippers, many of whom were graduates of Ivy League colleges or the U.S. Naval Academy, were a hard-partying group, and their "fast times" during World War II epitomized the intensity with which life was lived by those who, like Dave, were fully engaged in the deadly struggles of the Pacific War. Dave's wartime experiences shaped the rest of his life, a long journey that has included a successful law career, annual ski trips to his vacation home in Aspen since the early 1950s, and fishing all over the world.

Kessinger Publishing is the place to find hundreds of thousands of rare and hard-to-find books with something of interest for everyone!

The orthodox view of economic policy holds that public deliberation sets the goals or ends, and then experts select the means to implement these goals. This assumes that experts are no more than trustworthy servants of the public interest. David M. Levy and Sandra J. Peart examine the historical record to consider cases in which experts were trusted with disastrous results, such as eugenics, the regulatory use of security ratings, and central economic planning. This history suggests that experts have not only the public interest but also their own interests to consider. The authors then recover and extend an alternative view of economic policy that subjects experts' proposals to further discussion, resulting in transparency and ensuring that the public obtains the best insights of experts in economics while avoiding pitfalls such as expert bias.

The Virginia School's economics of natural equals makes consent critical for policy. Democracy is understood as government by discussion, not majority rule. The claim of efficiency unsupported by consent, as common in orthodox economics, appeals to social hierarchy. Politics becomes an act of exchange among equals where the economist is only entitled to offer advice to citizens, not to dictators. The foundation of natural equality and consent explains the common themes of James Buchanan and John Rawls as well as Ronald Coase and the Fabian socialists. What orthodox economics treats as efficient racial discrimination violates the fair chance entitlement to which people consent in a market economy. The importance of replication stressed by Gordon Tullock, developing themes from Karl Popper, is another expression of natural equality since the foresight of replication induces care into research. The publication of previously unpublished correspondence and documentation allows the reader to judge recent controversy.