Second thoughts : myths and morals of U.S. economic history
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x, 208 pages ; 25 cm
Second Thoughts: myths and morals of U.S. Economic History collects twenty-four new and significant essays on topics in economic history that bear directly on present policy debates. Specially written for this volume, these essays reevaluate issues and events that influence current economic thinking - examining the past as a way of preparing for the future. McCloskey has brought together leading economic historians who show that commonly accepted perceptions of our economic past can be wrong and, therefore, misleading. The contributors - including Robert Hughs, Julian and Rita Simon, Elyce Rotella, Terry Anderson, Barry Eichengreen, Price Fishback, Susan Phillips, and J. Richard Zecher - address a wide range of issues: the Teapot Dome scandal, banking regulation, "new" immigration problems, AT & T and deregulation, Third World development policies, the role of "big" government, technological innovation, and property rights. Each essay explores the role of government policy in the outcome of events. Written in clear nontechnical prose, this book is an essential reference for those interested in how our economic past and the way we interpret it shape the directions we will choose for our future
"Published for the Manhattan Institute by Oxford University Press"--Title page verso
Includes bibliographical references (pages 201-203) and index
Introduction : looking forward into history / Donald N. McCloskey -- How tough are times in the Third World? / Jeffrey G. Williamson -- Do we really need all these immigrants? / Julian L. Simon and Rita James Simon -- Do imperial powers get rich off their colonies? / Lance E. Davis and Robert A. Huttenback -- How military mobilization hurts the economy / Robert Higgs -- Does workers' compensation make for a safer workplace? / Price V. Fishback -- American farming : if it's broke, why can't we fix it? / Lee J. Alston -- How can displaced workers find better jobs? / Elizabeth Hoffman -- What is the key to Black progress? / Robert A. Margo -- The Equal Rights Amendment : yes, but whose? / Elyce J. Rotella -- As good as gold : by what standard? / Barry Eichengreen -- Who's afraid of the big bad trade deficit? / Mark Thomas -- The Great Depression : can it happen again? / John Wallis
The income tax : an idea whose time has gone and come? / Benjamin Baack and Edward Ray -- Are government giveaways really free? / Terry L. Anderson and Peter J. Hill -- Do Americans want big government? / Jonathan Hughes -- Should we reregulate the banks? / Richard Sylla -- Can price controls work? / Hugh Rockoff -- The Securities Exchange Commission : where from, where to? / Susan M. Phillips and J. Richard Zecher -- Fulton's folly / Gary M. Walton -- Down the primrose path / Peter Temin -- What really happened at Teapot Dome? / Gary Libecap -- Does government intervention in the economy hurt competitiveness, or help it? / Paul Uselding -- Competitiveness and the antieconomics of decline / Donald N. McCloskey -- Does science shape economic progress, or is it the other way around? / Nathan Rosenberg
Second Thoughts: myths and morals of U.S. Economic History collects twenty-four new and significant essays on topics in economic history that bear directly on present policy debates. Specially written for this volume, these essays reevaluate issues and events that influence current economic thinking - examining the past as a way of preparing for the future. McCloskey has brought together leading economic historians who show that commonly accepted perceptions of our economic past can be wrong and, therefore, misleading. The contributors - including Robert Hughs, Julian and Rita Simon, Elyce Rotella, Terry Anderson, Barry Eichengreen, Price Fishback, Susan Phillips, and J. Richard Zecher - address a wide range of issues: the Teapot Dome scandal, banking regulation, "new" immigration problems, AT & T and deregulation, Third World development policies, the role of "big" government, technological innovation, and property rights. Each essay explores the role of government policy in the outcome of events. Written in clear nontechnical prose, this book is an essential reference for those interested in how our economic past and the way we interpret it shape the directions we will choose for our future
"Published for the Manhattan Institute by Oxford University Press"--Title page verso
Includes bibliographical references (pages 201-203) and index
Introduction : looking forward into history / Donald N. McCloskey -- How tough are times in the Third World? / Jeffrey G. Williamson -- Do we really need all these immigrants? / Julian L. Simon and Rita James Simon -- Do imperial powers get rich off their colonies? / Lance E. Davis and Robert A. Huttenback -- How military mobilization hurts the economy / Robert Higgs -- Does workers' compensation make for a safer workplace? / Price V. Fishback -- American farming : if it's broke, why can't we fix it? / Lee J. Alston -- How can displaced workers find better jobs? / Elizabeth Hoffman -- What is the key to Black progress? / Robert A. Margo -- The Equal Rights Amendment : yes, but whose? / Elyce J. Rotella -- As good as gold : by what standard? / Barry Eichengreen -- Who's afraid of the big bad trade deficit? / Mark Thomas -- The Great Depression : can it happen again? / John Wallis
The income tax : an idea whose time has gone and come? / Benjamin Baack and Edward Ray -- Are government giveaways really free? / Terry L. Anderson and Peter J. Hill -- Do Americans want big government? / Jonathan Hughes -- Should we reregulate the banks? / Richard Sylla -- Can price controls work? / Hugh Rockoff -- The Securities Exchange Commission : where from, where to? / Susan M. Phillips and J. Richard Zecher -- Fulton's folly / Gary M. Walton -- Down the primrose path / Peter Temin -- What really happened at Teapot Dome? / Gary Libecap -- Does government intervention in the economy hurt competitiveness, or help it? / Paul Uselding -- Competitiveness and the antieconomics of decline / Donald N. McCloskey -- Does science shape economic progress, or is it the other way around? / Nathan Rosenberg
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