1.

Record Nr.

UNINA9910453122103321

Autore

Abrams Burton A

Titolo

The terrible 10 : a century of economic folly / / Burton A. Abrams

Pubbl/distr/stampa

Oakland, California : , : The Independent Institute, , [2013]

©2013

ISBN

1-59813-142-7

1-59813-144-3

Descrizione fisica

1 online resource (210 p.)

Disciplina

330.973/091

Soggetti

Electronic books.

United States Economic policy 20th century

United States Economic conditions 20th century

United States Social conditions 20th century

United States Politics and government 20th century

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Cover; Title Page; Copyright Page; Table of Contents; Dedication Page; Acknowledgments; Introduction; 1. Prohibition: The War on Booze; 2. Monetary Policy During the Great Depression: How to Turn a Recession into a Depression; 3. The Hawley-Smoot Act: Holy Smoke, we Started a Trade War!; 4. Social Security: America's Greatest Ponzi Scheme?; 5. Tax Follies: The 91-Percent Solution; 6. Medicare and Medicaid: Unsustainable Promises; 7. The Nixon-Burns Political Business Cycle: How to Create a Decade of Inflation; 8. Environmental Mismanagement: How to Make a River Burn and Other Magic Tricks

9. Government Failure and the Great Recession: Turning the American Dream into a Nightmare10. Decades of Deficits: The Real Red Menace; Epilogue: Can Government Governance be Improved?; References; Index; About the Author; Back Cover

Sommario/riassunto

<P style=""MARGIN: 0in 0in 0pt"" class=MsoNormal>The U.S. economy made impressive gains in the 20th century, but this progress makes it easy to forget a harsh reality: Americans were the victims of disastrous government policies that cost trillions of dollars in wasted resources, created mass unemployment, and kept millions of people in poverty



who otherwise would have participated in the nation's growing prosperity. A complete dissection of the 10 most egregious economic blunders of the past century, this work provides the key lessons to help in avoiding such policy mistakes in the future. <I