Reacting to the Spending Spree: Policy Changes We Can Afford (Hoover Institution Press Publication) - Softcover
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Synopsis
A team of expert contributors analyze the near- and long-term implications of efforts by both the Obama and Bush administrations to fix the current financial crisis. They examine a range of issues affected by the proposed reforms, including health care, "going green," the Employee Free Choice Act, an open world economy, and more.
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About the Author
Terry Anderson, the John and Jean DeNault Senior Fellow at the Hoover Institution, is the executive director of PERC - the Property and Environment Research Center, a think tank focusing on market solutions to environmental problems located in Bozeman, Montana, and professor emeritus at Montana State University. Richard Sousa is senior associate director and a research fellow at the Hoover Institution. He has been at the Hoover Institution since 1990. Sousa, an economist, specializes in discrimination, labor market issues, and K-12 education.
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Reacting to the Spending Spree: Policy Changes We Can Afford (Hoover Institution Press Publication)
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Reacting to the Spending Spree: Policy Change We Can Afford
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Reacting to the Spending Spree
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ISBN 10: 0817930027
ISBN 13: 9780817930028
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Paperback. Condition: New. A team of expert contributors analyze the near- and long-term implications of efforts by both the Obama and Bush administrations to fix the current financial crisis. They examine a range of issues affected by the proposed reforms, including health care, ""going green,"" the Employee Free Choice Act, an openFew doubt the seriousness of the recent crisis afflicting the financial systems of the United States and the world, and still fewer claim that nothing needs to be fixed. But many of the reforms proposed by both the Bush and Obama administrations have triggered risks-risks that have direct, short-term impact but that have been seriously underexplored. In Reacting to the Spending Spree, a team of expert contributors examines the implications of these reforms and how they might affect a number of issues.Terry Anderson and Gary Libecap argue, for instance, that the administration has not been candid with the American public about the costs of the "green" initiatives or about the likelihood of their ability to improve the environment and that these initiatives are likely to encourage protectionism, reduce international trade, and hence slow the recovery of the U.S. and world economies. James Huffman asserts that the "mad flurry" of infrastructure funding has simply led to a rush for the money, with no rational system for ensuring that the stated goals are achieved. And Richard Epstein examines the two major health-care policy initiatives and claims that both are too costly, as no government can successfully devise rules to constrain demand while seeking to drive to zero the health-care costs of recipients.Kevin Hassett offers his views on upcoming tax reforms, raising the key question: Will they be a simple extension of the more-popular preexisting policies or reforms that are guided by the academic consensus? The answer, he says, will depend on our new president's economic philosophy. In addition, Charles W. Calomiris looks at bank regulatory reform, F. Scott Kieff and Henry E. Smith analyze the important but often-overlooked debate on patent reform, and Jagdish Bhagwati offers his views on the challenges of embracing an open world economy.Ultimately, Reacting to the Spending Spree shows that it is important for the government to very soon pick one set of institutions, boldly similar or different from those our society has long used, and then stick to whatever it selects-for the costs of the vast uncertainties caused by ongoing change outweigh whatever benefits may come from tinkering further.Terry Anderson is the John and Jean De Nault Senior Fellow at the Hoover Institution and the executive director of PERC-the Property and Environment Research Center-a think tank in Bozeman, Montana, that focuses on market solutions to environmental problems.Contributors: Jagdish Bhagwati, Charles W. Calomiris, Richard A. Epstein, Stephen H. Haber, Kevin Hassett, James Huffman, F. Scott Kieff, Gary D. Libecap, and Henry E. Smith world economy, and more. Seller Inventory # LU-9780817930028
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Reacting to the Spending Spree : Policy Changes We Can Afford
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Reacting to the Spending Spree: Policy Changes We Can Afford (Hoover Institution Press Publication)
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Reacting to the Spending Spree (Paperback)
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Paperback. Condition: new. Paperback. A team of expert contributors analyze the near- and long-term implications of efforts by both the Obama and Bush administrations to fix the current financial crisis. They examine a range of issues affected by the proposed reforms, including health care, ""going green,"" the Employee Free Choice Act, an openFew doubt the seriousness of the recent crisis afflicting the financial systems of the United States and the world, and still fewer claim that nothing needs to be fixed. But many of the reforms proposed by both the Bush and Obama administrations have triggered risksrisks that have direct, short-term impact but that have been seriously underexplored. In Reacting to the Spending Spree, a team of expert contributors examines the implications of these reforms and how they might affect a number of issues.Terry Anderson and Gary Libecap argue, for instance, that the administration has not been candid with the American public about the costs of the "green" initiatives or about the likelihood of their ability to improve the environment and that these initiatives are likely to encourage protectionism, reduce international trade, and hence slow the recovery of the U.S. and world economies. James Huffman asserts that the "mad flurry" of infrastructure funding has simply led to a rush for the money, with no rational system for ensuring that the stated goals are achieved. And Richard Epstein examines the two major health-care policy initiatives and claims that both are too costly, as no government can successfully devise rules to constrain demand while seeking to drive to zero the health-care costs of recipients.Kevin Hassett offers his views on upcoming tax reforms, raising the key question: Will they be a simple extension of the more-popular preexisting policies or reforms that are guided by the academic consensus? The answer, he says, will depend on our new president's economic philosophy. In addition, Charles W. Calomiris looks at bank regulatory reform, F. Scott Kieff and Henry E. Smith analyze the important but often-overlooked debate on patent reform, and Jagdish Bhagwati offers his views on the challenges of embracing an open world economy.Ultimately, Reacting to the Spending Spree shows that it is important for the government to very soon pick one set of institutions, boldly similar or different from those our society has long used, and then stick to whatever it selects-for the costs of the vast uncertainties caused by ongoing change outweigh whatever benefits may come from tinkering further.Terry Anderson is the John and Jean De Nault Senior Fellow at the Hoover Institution and the executive director of PERCthe Property and Environment Research Centera think tank in Bozeman, Montana, that focuses on market solutions to environmental problems.Contributors: Jagdish Bhagwati, Charles W. Calomiris, Richard A. Epstein, Stephen H. Haber, Kevin Hassett, James Huffman, F. Scott Kieff, Gary D. Libecap, and Henry E. Smith world economy, and more. A team of expert contributors analyse the near- and long-term implications of efforts by both the Obama and Bush administrations to fix the financial crisis. They examine a range of issues affected by the proposed reforms, including health care, going green, the Employee Free Choice Act, an open world economy, and more. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780817930028
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Reacting to the Spending Spree: Policy Changes We Can Afford (Hoover Institution Press Publication)
Published by
Hoover Institution Press, 2009
ISBN 10: 0817930027
ISBN 13: 9780817930028
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Condition: New. A team of expert contributors analyse the near- and long-term implications of efforts by both the Obama and Bush administrations to fix the financial crisis. They examine a range of issues affected by the proposed reforms, including health care, 'going green', the Employee Free Choice Act, an open world economy, and more. Num Pages: 162 pages, black & white tables, figures. BIC Classification: KFFD1. Category: (G) General (US: Trade). Dimension: 229 x 152 x 13. Weight in Grams: 272. . 2009. 1st. Paperback. . . . . Seller Inventory # V9780817930028
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Reacting to the Spending Spree: Policy Changes We Can Afford (Hoover Institution Press Publication)
Published by
Hoover Institution Press, 2009
ISBN 10: 0817930027
ISBN 13: 9780817930028
New
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Condition: New. A team of expert contributors analyse the near- and long-term implications of efforts by both the Obama and Bush administrations to fix the financial crisis. They examine a range of issues affected by the proposed reforms, including health care, 'going green', the Employee Free Choice Act, an open world economy, and more. Num Pages: 162 pages, black & white tables, figures. BIC Classification: KFFD1. Category: (G) General (US: Trade). Dimension: 229 x 152 x 13. Weight in Grams: 272. . 2009. 1st. Paperback. . . . . Books ship from the US and Ireland. Seller Inventory # V9780817930028