The Case for Big Government

The Case for Big Government

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by Jeff Madrick
     
 

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ISBN-10: 0691123314

ISBN-13: 9780691123318

Pub. Date: 10/06/2008

Publisher: Princeton University Press

Political conservatives have long believed that the best government is a small government. But if this were true, noted economist Jeff Madrick argues, the nation would not be experiencing stagnant wages, rising health care costs, increasing unemployment, and concentrations of wealth for a narrow elite. In this perceptive and eye-opening book, Madrick proves that an

Overview

Political conservatives have long believed that the best government is a small government. But if this were true, noted economist Jeff Madrick argues, the nation would not be experiencing stagnant wages, rising health care costs, increasing unemployment, and concentrations of wealth for a narrow elite. In this perceptive and eye-opening book, Madrick proves that an engaged government--a big government of high taxes and wise regulations--is necessary for the social and economic answers that Americans desperately need in changing times. He shows that the big governments of past eras fostered greatness and prosperity, while weak, laissez-faire governments marked periods of corruption and exploitation. The Case for Big Government considers whether the government can adjust its current policies and set the country right.

Madrick explains why politics and economics should go hand in hand; why America benefits when the government actively nourishes economic growth; and why America must reject free market orthodoxy and adopt ambitious government-centered programs. He looks critically at today's politicians--at Republicans seeking to revive nineteenth-century principles, and at Democrats who are abandoning the pioneering efforts of the Great Society. Madrick paints a devastating portrait of the nation's declining social opportunities and how the economy has failed its workers. He demonstrates that the government must correct itself to address these serious issues.

A practical call to arms, The Case for Big Government asks for innovation, experimentation, and a willingness to fail. The book sets aside ideology and proposes bold steps to ensure the nation's vitality.

Product Details

ISBN-13:
9780691123318
Publisher:
Princeton University Press
Publication date:
10/06/2008
Series:
Public Square Series
Edition description:
New Edition
Pages:
224
Product dimensions:
5.60(w) x 8.60(h) x 1.00(d)

Table of Contents

PART I: Government and Change in America 1

The Danger of an Ideology

The Evidence

Looking-Back

Narratives from the Right and Left

The Myth of Laissez- Faire

The Many Uses of Government in the 1800s

Government as an

Agent of Change in the 1900s

The Economic Benefits of Government

Resisting a Pragmatic Government

PART II: How Much We Have Changed 65

The History of Change

The New Challenge to the Standard of Living

The Broad Threat to the American Promise

It's Not Just Inequality

When Knowledge Also Changes

The Purpose of Government

Forsaking Pragmatism for Ideology

PART III: What to Do 125

Pessimism in America

The Failure of Conventional Wisdom

America Has the Money

An Agenda

Notes 177

Index 195

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The Case for Big Government 5 out of 5 based on 0 ratings. 1 reviews.
Anonymous More than 1 year ago