Moral Consequences of Economic Growth

ISBN-10: 1400095719
ISBN-13: 9781400095711
Edition: N/A
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Description: From the author of "Day of Reckoning," the acclaimed critique of Ronald Reagan' s economic policy (" Every citizen should read it, " said "The New York Times"): a persuasive, wide-ranging argument that economic growth provides far more than material  More...

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Book details

List price: $18.95
Publisher: Knopf Doubleday Publishing Group
Publication date: 9/12/2006
Binding: Paperback
Pages: 592
Size: 5.00" wide x 7.75" long x 0.75" tall
Weight: 1.034
Language: English

From the author of "Day of Reckoning," the acclaimed critique of Ronald Reagan' s economic policy (" Every citizen should read it, " said "The New York Times"): a persuasive, wide-ranging argument that economic growth provides far more than material benefits. In clear-cut prose, Benjamin M. Friedman examines the political and social histories of the large Western democracies- particularly of the United States since the Civil War- to demonstrate the fact that incomes on the rise lead to more open and democratic societies. He explains that "growth," rather than simply a high standard of living, is key to effecting political and social liberalization in the third world, and shows that even the wealthiest of nations puts its democratic values at risk when income levels stand still. Merely being rich is no protection against a turn toward rigidity and intolerance when a country' s citizens lose the sense that they are getting ahead. With concrete policy suggestions for pursuing growth at home and promoting worldwide economic expansion, this volume is a major contribution to the ongoing debate about the effects of economic growth and globalization.

Robert J. Shiller is the Stanley B. Resor Professor of Economics at Yale University. Also the author of the award-winning "Macro Markets" as well as "Market Volatility", he lives in New Haven, Connecticut.Benjamin M. Friedman is William Joseph Maier Professor of Political Economy at Harvard University and the author of The Moral Consequences of Economic Growth.

Preface
Ideas, Their Origins, and Their Implications
What Growth Is, What Growth Does
Perspectives from the Enlightenment and Its Roots
Crosscurrents: The Age of Improvement and Beyond
Rising Incomes, Individual Attitudes, and the Politics of Social Change
Democracy in America
From Horatio Alger to William Jennings Bryan
From TR to FDR
Great Depression, Great Exception
America in the Postwar Era
Other Times, Other Places: The European Democracies
Britain
France
Germany
Development, Equality, Globalization, and the Environment
Economics and Politics in the Developing World
Virtuous Circles, Vicious Circles
Growth and Equality
Growth and the Environment
Looking Forward
Economic Policy and Economic Growth in America
Notes
Acknowledgments
Index

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