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The Independent Institute
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The Terrible 10
A Century of Economic Folly
BUSINESS & ECONOMICS
208 Pages, 6 x 9
Formats: Paperback, Hardcover, ebook: EPUB, Mobipocket, ebook: PDF
Hardcover, $24.95 (US $24.95) (CA $26.95)
Publication Date: October 2013
ISBN 9781598131413
Overview
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. The Terrible 10 notes that, unlike the private sector, when the governance of the federal government fails, the role and scope of government is usually increased and that politicians from both parties tend to favor short-run benefits for friends while imposing costs on current and later generations. With issues and blame divided equally among Democrats and Republicans, this work stands as a highly readable history of how government economic blunders affect everyone.
Author Biography
Burton A. Abrams is a research fellow at the Independent Institute, the director of the Independent Institute’s government cost calculator, and a professor of economics at the University of Delaware. He is the author of An Economic Theory of Lobbying: A Case Study of the U.S. Banking Industry and Return to Animal Farm. He lives in Newark, Delaware.
Search Categories
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The Independent Institute
100 Swan Way
Oakland, CA 94621-1428
510-632-1366 Phone
510-568-6040 Fax
Send us email
Interested in working with us?
Click here for more information.
