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Free market conservatism : a critique of theory and practice / edited by Edward Nell.
- Format:
- Book
- Series:
- Routledge revivals.
- Routledge revivals
- Language:
- English
- Subjects (All):
- Chicago school of economics.
- Free enterprise.
- Rational expectations (Economic theory).
- Supply-side economics.
- Chile--Economic policy.
- Chile.
- Great Britain--Economic policy--1979-1997.
- Great Britain.
- United States--Economic policy--1981-1993.
- United States.
- Physical Description:
- 1 online resource (230 p.)
- Edition:
- 1st ed.
- Place of Publication:
- Abingdon : Routledge, 2010, c1984.
- Language Note:
- English
- Summary:
- 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 socia
- Contents:
- 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
- 9 Conclusions-Cowboy Capitalism: The Last Round-upIndex
- Notes:
- First published in 1984.
- Includes bibliographical references and index.
- ISBN:
- 1-135-16283-2
- 1-135-16284-0
- 1-282-44326-7
- 9786612443268
- 0-203-85825-5
- 9780203858257
- OCLC:
- 499080106
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