Free Market Conservatism (Routledge Revivals)

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Category=KCA
conservative macroeconomic policy outcomes
cut
economics
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eq_business-finance-law
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eq_nobargain
eq_non-fiction
Federal Reserve
Federal Reserve System
Follow
Holds
interest
Interest Rate
Invalid Dichotomy
jude
Keynes
Laffer Curve
Liquidity Premium
Lm Curve
macroeconomic policy analysis
monetarist policy evaluation
Monetary Equilibrium
Monetary Theory
money
Money Supply
Natural Rate Hypothesis
Neoclassical Synthesis
neoliberal economic critique
political economy theory
rate
Rational Expectations
Real Balance
Real Balance Effect
Real Cash Balances
side
social policy impact assessment
Spot Price
supply
Supply Side Economics
Supply Side Policies
Supply Side Tax Cuts
supply-side policy failures
tax
Tax Wedge
wanniski
West Germany

Product details

  • ISBN 9780415570473
  • Weight: 510g
  • Dimensions: 138 x 216mm
  • Publication Date: 12 Nov 2009
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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First published in 1984, this book carefully dissects and convincingly demonstrates that conservative economics is incoherent in theory and disastrous in practice. The three main schools of thought supporting "free-market" policies – supply side economics, monetarism and rational expectations- are examined in turn and each is found defective. Three case studies of conservative policy in action follow: Reagan’s U.S., Thatcher’s U.K. and Pinochet’s Chile and their courses are charted in economic conservatism’s ideology and social policy, and the book concludes with an assessment of the political reasons for the theoretical incoherence and practical failure.

This is a careful and comprehensive look at this subject which tackles both the theory and the practice head-on. It will make useful and stimulating reading for students of economics and political economy on courses of economic policy and macro-economics and in addition will be of keen interest to all those involved in the debate about one of the major policy issues of our time.