Government and the American Economy A New History (eBook, 2014) [WorldCat.org]
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Government and the American Economy A New History

Author: Price V Fishback; Douglass C North
Publisher: Chicago University of Chicago Press Ann Arbor, Michigan ProQuest 2014
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
The American economy has provided a level of well-being that has consistently ranked at or near the top of the international ladder. A key source of this success has been widespread participation in political and economic processes. In The Government and the American Economy, leading economic historians chronicle the significance of America's open-access society and the roles played by government in its unrivaled  Read more...
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Details

Material Type: Document
Document Type: Book, Computer File
All Authors / Contributors: Price V Fishback; Douglass C North
ISBN: 9780226251295 0226251292
OCLC Number: 1020677075
Accession No: (DE-599)HEB40316933X (OCoLC)1020677075
Description: 1 Online-Ressource (635 pages)

Abstract:

The American economy has provided a level of well-being that has consistently ranked at or near the top of the international ladder. A key source of this success has been widespread participation in political and economic processes. In The Government and the American Economy, leading economic historians chronicle the significance of America's open-access society and the roles played by government in its unrivaled success story. America's democratic experiment, the authors show, allowed individuals and interest groups to shape the structure and policies of government, which, in turn, have fostered economic success and innovation by emphasizing private property rights, the rule of law, and protections of individual freedom. In response to new demands for infrastructure, America's federal structure hastened development by promoting the primacy of states, cities, and national governments. More recently, the economic reach of American government expanded dramatically as the populace accepted stronger limits on its economic freedoms in exchange for the increased security provided by regulation, an expanded welfare state, and a stronger national defense.

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