Why Capitalism?

Author:   Allan H. Meltzer (The Allan H. Meltzer University Professor of Political Economy, The Allan H. Meltzer University Professor of Political Economy, Carnegie Mellon University)
Publisher:   Oxford University Press Inc
ISBN:  

9780199859573


Pages:   168
Publication Date:   26 April 2012
Format:   Hardback
Availability:   To order   Availability explained
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Why Capitalism?


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Author:   Allan H. Meltzer (The Allan H. Meltzer University Professor of Political Economy, The Allan H. Meltzer University Professor of Political Economy, Carnegie Mellon University)
Publisher:   Oxford University Press Inc
Imprint:   Oxford University Press Inc
Dimensions:   Width: 14.20cm , Height: 2.00cm , Length: 21.10cm
Weight:   0.318kg
ISBN:  

9780199859573


ISBN 10:   0199859574
Pages:   168
Publication Date:   26 April 2012
Audience:   General/trade ,  College/higher education ,  General ,  Tertiary & Higher Education
Format:   Hardback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

Preface Chapter 1: Why Capitalism? Chapter 2: Regulation and the Welfare State Chapter 3: Why Big Deficits Now? Chapter 4: Sources of Postwar Progress Chapter 5: Foreign Aid Chapter 6: Why Inflation Will Return Index

Reviews

<br>a concise alternative to current economic policies for those who look with suspicion at the writings of economists and financial specialists...A lively, politically challenging contribution to a developing discussion on how to change international monetary arrangements. --Kirkus Reviews <br><br><p><br>


A concise alternative to current economic policies for those who look with suspicion at the writings of economists and financial specialists...A lively, politically challenging contribution to a developing discussion on how to change international monetary arrangements. --Kirkus Reviews Allan Meltzer's Why Capitalism is a thoughtful, historically-based analysis of the roles of government and free markets in a democratic society. Meltzer has thought deeply about the workings of both and has a good sense of which functions each best can be trusted to serve. His analysis of financial regulation in general and of the Dodd-Frank bill in particular is the best I have seen. --Robert Lucas, University of Chicago, 1995 Nobel laureate in Economics If you want a realpolitik view of the world, Meltzer's your guy. You know right away that you are in for quite a ride when, in the introduction, he acknowledges the range of his influences, from Immanuel Kant (for example, human nature as 'crooked timber') to Karl Popper to Friedrich Hayek, and to Milton Friedman, among others. He takes you back in time and sketches from a broad perspective the old battle of capitalism versus communism and socialism, and extols the genius of the freedom of capitalism. For those interested in recounting the perils of government regulation and failed attempts at income distribution, it's a treasure, especially in the last chapter. There, the author describes the role of the Federal Reserve, particularly in moderating inflation, Meltzer's specialty. --Journal of Environmental Investing


<br> A concise alternative to current economic policies for those who look with suspicion at the writings of economists and financial specialists...A lively, politically challenging contribution to a developing discussion on how to change international monetary arrangements. --Kirkus Reviews<br><br><p><br> Allan Meltzer's Why Capitalism is a thoughtful, historically-based analysis of the roles of government and free markets in a democratic society. Meltzer has thought deeply about the workings of both and has a good sense of which functions each best can be trusted to serve. His analysis of financial regulation in general and of the Dodd-Frank bill in particular is the best I have seen. -- Robert Lucas, University of Chicago, 1995 Nobel laureate in economics<p><br>


Author Information

Allan H. Meltzer is Allan H. Meltzer University Professor of Political Economy at Carnegie Mellon University. He is the author of A History of the Federal Reserve, Volumes 1 and 2.

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