The great money binge: [spending our way to socialism]
Author:
Publisher:
Tantor Audio
Pub. Date:
2009
Edition:
Library edition
Language:
English
Description
Prestigious newspaper editor George Melloan, who worked for the Wall Street Journal for more than half a century, is no stranger to the wild ups and downs of the American and world economies. Using detailed examples from the Crash of 1929 and from the Carter era, this brilliantly argued book explains how government intervention actually prevents the economy from recovering its natural balance. Unless lawmakers realize the true importance of using supply-side economics in our current crisis, warns Melloan, nothing will save us from a new era of disastrous inflation and widespread global depression.Citing the importance of historical example, Melloan explains how the world of economics was completely changed in the 1930s under the influence of English economist John Maynard Keynes. His theories advocating government interventionist policies were wholeheartedly adopted as a response to the Great Depression and remained unquestioned until the "supply-side revolution" of 1980, after the stagflation of the 1970s showed the inherent weaknesses of neo-Keynesian economics. By employing what is sometimes called "Reaganomics," President Ronald Reagan and his economic advisers sparked a quarter century of unparalleled prosperity. Unfortunately, as Melloan demonstrates, government policy soon began to revert to Keynesian theories, even though they are widely misunderstood and misapplied.Now, with the Crash of 2008, our new president and government appear committed to ignoring the lessons of the past. With multibillion-dollar "stimulus packages" becoming the norm, and a multitrillion-dollar national debt that will keep growing so long as present policies are continued, America can look forward to a very grim future indeed.There is only one solution: we must return to our eroded supply-side principles. In the face of general misunderstanding, Melloan outlines a lucid and detailed explanation of exactly why we are currently sinking so rapidly, how this crisis compares to similar situations in the past, and exactly what must be done to return the United States to the economic vitality it enjoyed not so long ago.
More Details
ISBN:
9781400144679
9781400114672
9781400194674
9781400114672
9781400194674
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Grouping Information
Grouped Work ID | 745c54f4-f327-bfa7-5a5f-acd51f5a7909 |
---|---|
Grouping Title | great money binge |
Grouping Author | george melloan |
Grouping Category | book |
Grouping Language | English (eng) |
Last Grouping Update | 2024-04-19 21:32:18PM |
Last Indexed | 2024-04-27 01:52:03AM |
Solr Fields
accelerated_reader_point_value
0
accelerated_reader_reading_level
0
auth_author2
Heller, Johnny
author
Melloan, George, 1927-2020
author2-role
Heller, Johnny,narrator
Heller, Johnny,reader
Tantor Media
hoopla digital
Heller, Johnny,reader
Tantor Media
hoopla digital
author_display
Melloan, George
available_at_longmont
Longmont Public Library
detailed_location_longmont
Longmont Adult Nonfiction Compact Disc
display_description
Prestigious newspaper editor George Melloan, who worked for the Wall Street Journal for more than half a century, is no stranger to the wild ups and downs of the American and world economies. Using detailed examples from the Crash of 1929 and from the Carter era, this brilliantly argued book explains how government intervention actually prevents the economy from recovering its natural balance. Unless lawmakers realize the true importance of using supply-side economics in our current crisis, warns Melloan, nothing will save us from a new era of disastrous inflation and widespread global depression.Citing the importance of historical example, Melloan explains how the world of economics was completely changed in the 1930s under the influence of English economist John Maynard Keynes. His theories advocating government interventionist policies were wholeheartedly adopted as a response to the Great Depression and remained unquestioned until the "supply-side revolution" of 1980, after the stagflation of the 1970s showed the inherent weaknesses of neo-Keynesian economics. By employing what is sometimes called "Reaganomics," President Ronald Reagan and his economic advisers sparked a quarter century of unparalleled prosperity. Unfortunately, as Melloan demonstrates, government policy soon began to revert to Keynesian theories, even though they are widely misunderstood and misapplied.Now, with the Crash of 2008, our new president and government appear committed to ignoring the lessons of the past. With multibillion-dollar "stimulus packages" becoming the norm, and a multitrillion-dollar national debt that will keep growing so long as present policies are continued, America can look forward to a very grim future indeed.There is only one solution: we must return to our eroded supply-side principles. In the face of general misunderstanding, Melloan outlines a lucid and detailed explanation of exactly why we are currently sinking so rapidly, how this crisis compares to similar situations in the past, and exactly what must be done to return the United States to the economic vitality it enjoyed not so long ago.
format_category_longmont
Audio Books
format_longmont
Audio CD
id
745c54f4-f327-bfa7-5a5f-acd51f5a7909
isbn
9781400114672
9781400144679
9781400194674
9781400144679
9781400194674
itype_longmont
CD audio
last_indexed
2024-04-27T07:52:03.057Z
lexile_score
-1
literary_form
Unknown
literary_form_full
Unknown
local_callnumber_longmont
CD 330.973 MEL
owning_library_longmont
Longmont Public Library
owning_location_longmont
Longmont Public Library
primary_isbn
9781400144679
publishDate
2009
publisher
Tantor Audio
Tantor Media, Inc
Tantor Media, Inc
recordtype
grouped_work
subject_facet
Business
Economic conditions
Economic development
Economic history
Monetary policy
United States -- Economic policy -- 2001-2009
Economic conditions
Economic development
Economic history
Monetary policy
United States -- Economic policy -- 2001-2009
title_display
The great money binge :
title_full
The Great Money Binge [electronic resource] / George Melloan
The great money binge [compact disc] : [spending our way to socialism] / George Melloan ; with an introduction by Amity Shlaes
The great money binge [compact disc] : [spending our way to socialism] / George Melloan ; with an introduction by Amity Shlaes
title_short
The great money binge
title_sub
[spending our way to socialism]
topic_facet
Business
Economic conditions
Economic development
Economic history
Economic policy
Monetary policy
Economic conditions
Economic development
Economic history
Economic policy
Monetary policy
Solr Details Tables
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hoopla:MWT10756395 | Online Hoopla Collection | Online Hoopla | eAudiobook | Audio Books | 1 | false | true | Hoopla | https://www.hoopladigital.com/title/10756395?utm_source=MARC&Lid=hh4435 | Available Online |
record_details
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---|---|---|---|---|---|---|---|---|
ils:.b24129331 | Audio CD | Audio Books | Library edition | English | Tantor Audio | 2009 | 8 audio discs (10 hr.) : digital ; 4 3/4 in. | |
hoopla:MWT10756395 | eAudiobook | Audio Books | Unabridged | English | Tantor Media, Inc | 2009 | 1 online resource (1 audio file (600 min.)) : digital. |
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