Second Thoughts

Front Cover
Oxford University Press, Incorporated, 1995 - Business & Economics
For this important new volume, Donald N. McCloskey has assembled twenty-four essays by leading economic historians who argue that commonly accepted perceptions of our economic past can be wrong and, therefore, misleading. The essays reevaluate various issues and events that influence today's economic thinking, thus examining the past as a way of preparing for the future. Such notable contributors as Robert Higgs, Julian and Rita Simon, Elyce Rotella, Terry Anderson, Barry Eichengreen, Price Fishback, Susan Phillips, and J. Richard Zecher address a wide range of issues, including 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.
Specially written for this collection in clear, nontechnical prose, the essays that comprise Second Thoughts fully explore the role of government policy in the outcome of events. This book is an essential reference for all who are interested in how our economic past and the way we interpret it determine the directions we will choose for our future.
 

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User Review  - JohnPhelan - LibraryThing

Hit and miss as any collection of essays will be. Mostly hit though with the earlier and microeconomically themed essays holding up better than the macro themed ones. Read full review

Contents

International Relations and Foreign Affairs
9
Do We Really Need All These Immigrants?
19
Do Imperial Powers Get Rich Off Their Colonies?
26
How Military Mobilization Hurts the Economy
34
Workers and Employment
43
If Its Broke Why Cant We Fix It?
50
How Can Displaced Workers Find Better Jobs?
57
HI Women and Minorities
63
Do Americans Want Big Government?
114
Regulation Deregulation and Reregulation
121
Can Price Controls Work?
132
Technology and Competitiveness
143
Down the Primrose Path
151
What Really Happened at Teapot Dome?
157
Does Government Intervention in the Economy Hurt
163
Competitiveness and the Antieconomics of Decline
167

Government and the Economy
77
Whos Afraid of the Big Bad Trade Deficit?
88
Can It Happen Again?
96
An Idea Whose Time Has Gone
104
chronology of important dates
181
FOR FURTHER reading
201
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