The Resource Why progressive institutions are unsustainable, Richard A. Epstein, (ebook)

Why progressive institutions are unsustainable, Richard A. Epstein, (ebook)

Label
Why progressive institutions are unsustainable
Title
Why progressive institutions are unsustainable
Statement of responsibility
Richard A. Epstein
Creator
Contributor
Subject
Genre
Language
eng
Summary
The painful performance of the American economy in the past decade is not a function of bad luck. It is the product of flawed institutional design. Right now we are reaping the harvest of efforts to reinvigorate the progressive programs of the New Deal that stress high progressive taxes, large transfer payments, strong labor laws, and major barriers to free trade. This combination of public finance and market regulation has proved a potent force for disaster. High marginal tax rates expose the political system to strong factional strife that stifles initiative, adds uncertainty and reduces overall revenues. To these multiple ailments, Epstein argues that the best recipe is a return to the flat tax of the classical liberal tradition. The government has committed itself to substituting state mandates for voluntary arrangements in labor and real estate markets, disabling both by retarding job formation and roiling real estate markets. To these multiple ailments, Epstein argues that the best recipe is a reinvigoration of free markets that do not upset voluntary arrangements on the supposed grounds that they are unfair, one-sided or exploitive. Just change these two levers, and we can find an effective classical liberal antidote to excesses of the modern progressive age
Member of
Cataloging source
Midwest
http://library.link/vocab/creatorDate
1943-
http://library.link/vocab/creatorName
Epstein, Richard Allen
Dewey number
320.51/30973
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
hoopla digital
Series statement
Encounter broadsides
Series volume
no. 26
http://library.link/vocab/subjectName
  • Liberalism
  • United States
  • United States
Target audience
adult
Label
Why progressive institutions are unsustainable, Richard A. Epstein, (ebook)
Link
Instantiates
Publication
Color
multicolored
Dimensions
unknown
Extent
1 online resource
Form of item
  • online
  • electronic
Governing access note
Digital content provided by hoopla
Isbn
9781594036279
Isbn Type
(electronic bk.)
Publisher number
MWT11837311
Specific material designation
remote
Stock number
11837311
System control number
MWT11837311
System details
Mode of access: World Wide Web
Label
Why progressive institutions are unsustainable, Richard A. Epstein, (ebook)
Link
Publication
Color
multicolored
Dimensions
unknown
Extent
1 online resource
Form of item
  • online
  • electronic
Governing access note
Digital content provided by hoopla
Isbn
9781594036279
Isbn Type
(electronic bk.)
Publisher number
MWT11837311
Specific material designation
remote
Stock number
11837311
System control number
MWT11837311
System details
Mode of access: World Wide Web

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