ENGLISH

The Case for Big Government

By Jeff Madrick

Book information

Publisher
Princeton University Press
Year
2009
ISBN
0691123314, 9780691123318
LCC
JK421 .M328 2009
Open Library ID
OL16974556M
Language
english
Format
PDF
Filesize
1 MB (1094805 bytes)
Series
The public square book series
Edition
1
Pages
218\218
Time added
2010-05-17 00:23:50

Description

Yet another screed against free markets. It's too bad that the average rant of this variety neglects that we haven't had free markets for a very long time. What could be more important to a so-called "free market" than the price of money? In order for a free market to exist, interest rates would need to float freely, not be set by the Fed. The Fed "sets" (translation: rigs) interest rates which causes economic dislocations and malinvestment. What we've had is crony capitalism and rigged markets for large corporations and the Federal Reserve Banks. Government isn't the solution - individuals need to keep what they earn so that they don't need to borrow money and be played by banks and vote-buying politicians.

Similar books

Session C11: Ancient Cultural Landscapes in South Europe – their Ecological Setting and Evolution, Session C22: Gardeners from South America, Session S04: Agro-Pastoralism and Early Metallurgy Sessions, Session WS29: The Idea of Enclosure in Recent Iberian Prehistory, Session C88: Rhytmes et causalites des dynamiques de l'anthropisation en Europe entre 6500 ET 500 BC: Hypotheses socio-culturelles et/ou climatiques: Proceedings of the XV UISPP World Congress (Lisbon 4-9 September 2006) / Actes du XV Congrès Mondial (Lisbonne 4-9 Septembre 2006) Vol.36

Session C11: Ancient Cultural Landscapes in South Europe – their Ecological Setting and Evolution, Session C22: Gardeners from South America, Session S04: Agro-Pastoralism and Early Metallurgy Sessions, Session WS29: The Idea of Enclosure in Recent Iberian Prehistory, Session C88: Rhytmes et causalites des dynamiques de l'anthropisation en Europe entre 6500 ET 500 BC: Hypotheses socio-culturelles et/ou climatiques: Proceedings of the XV UISPP World Congress (Lisbon 4-9 September 2006) / Actes du XV Congrès Mondial (Lisbonne 4-9 Septembre 2006) Vol.36

2010 · PDF