Second Thoughts: Myths and Morals of U.S. Economic History
Deirdre N. McCloskey
Oxford University Press, 1993 - Business & Economics - 208 pages
This book examines 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 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: Teapot Dome scandal, banking regulation, "new" immigration problems, A T & 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 nontechnical prose, this book is an essential reference for those interested in our economic past.
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LibraryThing ReviewUser 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
International Relations and Foreign Affairs
Do We Really Need All These Immigrants?
Do Imperial Powers Get Rich Off Their Colonies?
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accidents agricultural American AT&T became Bell System Britain British budget capital central bank colonial compensation competition Congress contractors controls costs countries decades decline defense deposits Depression deregulation domestic early Elk Hills employers employment exchange expenditures factory failure famine farm farmers federal government Federal Reserve Federal Reserve System firms fixed commissions foreign free banking Fulton funds gold standard growth Homestead Homestead Act immigration income tax increased industrial inflation institutions interest investment investors labor laws leases legislation liability loans Lowell MCI's military million monetary monopoly MYTH nineteenth century NYSE payments percent political population problems production profits programs rates regulation regulatory revenue Robert Higgs securities share steamboat Supreme Court tariffs Teapot Dome Third World trade deficit U.S. Supreme Court United wages wildcat banking women workers