Markets and Majorities ePub (Adobe DRM) download by Steven M. Sheffrin

Markets and Majorities

eBookMall Preferred Publisher
Free Press
Publication date: June 2010
ISBN: 9781451602500
Digital Book format: ePub (Adobe DRM)

Buy ePub

Our price:
$19.99
GET THIS EBOOK
FOR FREE!
Join our Facebook sweepstake, share and
get 10 likes. Winners
get notified in 24H!
America's government intervenes in almost every aspect of its citizens' daily lives. From the air we breathe, to our health, wealth, and security, Americans wade through a vast political ocean. Unfortunately, we do so blindly; few Americans understand how or why our government regulates the market mechanisms that surround us. In Markets and Majorities, Steven Sheffrin addresses essential yet overlooked questions about political intervention in economic spheres. Why should we trust the government to clean our air? How do we know what to define as clean? What kind of health insurance business will the government run? What are the dangers of publicly financed doctors? Sheffrin first explains traditional theories of market failure, used to justify intervention. He then combines the crucial question of political viability with the fascinating particulars of policy histories. Sheffrin applies such analysis to the areas of health care, social security, environmental policy, product liability, trade policy, and fiscal and budgetary policy. He argues that beneath each area lies a unique calculus of market failure and political pressures, and convincingly demonstrates that no single policy can be understood out of economic and political context. In short, the fact that markets may fail does not guarantee that politics will succeed. By examining both sides of each policy area, Sheffrin's careful review of our national policy-making reveals a minefield where, in many cases, politics cannot help but fail as badly as markets. However, he shows that all is not lost, citing, among other examples, political intervention in the medical industry as the only hope of stopping hospitals from competitive purchases of useless technology. Markets and Majorities is must reading for anyone who has ever wondered why government just can't seem to get things done, as well as anyone who has asked why it should try in the first place.
Please sign in to review this product.
Devices:
Markets and Majorities ePub (Adobe DRM) can be read on any device that can open ePub (Adobe DRM) files.

File Size:
1926 Kb
Language:
ENG
Copy From Text:
Enabled and unlimited.
Printing:
Enabled and unlimited.
Other books by Steven M. Sheffrin
Tax Fairness and Folk Justice PDF (Adobe DRM) download by Steven M. Sheffrin
Tax Fairness and Folk Justice
Steven M. Sheffrin
Cambridge University Press, July 2013
ISBN: 9780521195621
Format: PDF
List Price: $24.00 Our price: $22.99
Recently Viewed Products