LEADER 03249nam 2200613 450 001 9910453122103321 005 20200520144314.0 010 $a1-59813-142-7 010 $a1-59813-144-3 035 $a(CKB)2550000001135587 035 $a(EBL)1370654 035 $a(OCoLC)859155557 035 $a(SSID)ssj0001000700 035 $a(PQKBManifestationID)12462382 035 $a(PQKBTitleCode)TC0001000700 035 $a(PQKBWorkID)10952150 035 $a(PQKB)11137116 035 $a(MiAaPQ)EBC1370654 035 $a(Au-PeEL)EBL1370654 035 $a(CaPaEBR)ebr10769203 035 $a(CaONFJC)MIL535295 035 $a(EXLCZ)992550000001135587 100 $a20130517h20132013 uy| 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe terrible 10 $ea century of economic folly /$fBurton A. Abrams 210 1$aOakland, California :$cThe Independent Institute,$d[2013] 210 4$d©2013 215 $a1 online resource (210 p.) 300 $aDescription based upon print version of record. 311 $a1-59813-141-9 311 $a1-306-04044-2 320 $aIncludes bibliographical references and index. 327 $aCover; 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 327 $a9. 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 330 $a

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.