Document Type
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BL
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Record Number
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875918
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Title & Author
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Free market conservatism : : a critique of theory and practice /\ edited by Edward J. Nell.
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Publication Statement
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Abingdon, Oxon ;New York :: Routledge,, 2009.
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Series Statement
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Routledge revivals
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Page. NO
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1 online resource (viii, 263 pages) :: illustrations
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ISBN
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0203858255
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: 9780203858257
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0415567157
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9780415567152
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Bibliographies/Indexes
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Includes bibliographical references and index.
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Contents
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Book Cover; Title01; Copyright01; Title02; Copyright02; Contents; List of Contributors; Acknowledgements; 1 Introduction -- Capitalism as Gestalt: A Contrast of Visions; Part I: Theory; 2 Supply-Side Economics: Incentives and Disasters; 3 Monetarism: Conservative Policy and Monetary Theory; 4 Rational Expectations: Radical Assumptions and Conservative Conclusions; 5 Social Policy: Private Reactions to Public Decisions; Part II: Practice; 6 The Politics of Reaganomics; 7 Thatcherism: The Miracle That Never Happened; 8 Supply-Side Economics in a Small Economy: The Chilean Case.
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Abstract
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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 depth. In addition, Robert Heilbroner and Edward Nell analyse economic conservatism's ideology and.
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Subject
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Chicago school of economics.
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Subject
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Free enterprise.
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Subject
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Rational expectations (Economic theory)
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Subject
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Supply-side economics.
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Subject
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BUSINESS ECONOMICS-- Free Enterprise.
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Subject
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Chicago school of economics.
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Subject
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Economic policy.
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Subject
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Free enterprise.
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Subject
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Rational expectations (Economic theory)
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Subject
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Supply-side economics.
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Subject
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Chile, Economic policy.
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Subject
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Great Britain, Economic policy, 1979-1997.
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Subject
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United States, Economic policy, 1981-1993.
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Subject
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Chile.
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Subject
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Great Britain.
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Subject
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United States.
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Dewey Classification
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330.12/2
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LC Classification
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HB95.F84 2009eb
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Added Entry
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Nell, Edward J.
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