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This book suggests that drastic reforms are required to reverse the ever-increasing size of the state, a trend experienced in most western nations. The report proposes a reassessment of the scale of government to achieve a reduction in taxation and spending.
A classic work in political philosophy, intellectual history and economics, The Road to Serfdom has inspired and infuriated politicians and scholars for half a century. Originally published in 1944, it was seen as heretical for its passionate warning against the dangers of state control over the means of production. For Hayek, the collectivist idea of empowering government with increasing economic control would lead not to a utopia but to the horrors of Nazi Germany and Fascist Italy. This new edition includes a foreword by series editor and leading Hayek scholar Bruce Caldwell explaining the book's origins and publishing history and assessing common misinterpretations of Hayek's thought. Caldwell has also standardized and corrected Hayek's references and added helpful new explanatory notes. Supplemented with an appendix of related materials and forewords to earlier editions by the likes of Milton Friedman, and Hayek himself, this new edition of The Road to Serfdom will be the definitive version of Friedrich Hayek's enduring masterwork.
In The Road to Serfdom F. A. Hayek set out the danger posed to freedom by attempts to apply the principles of wartime economic and social planning to the problems of peacetime. Hayek argued that the rise of Nazism was not due to any character failure on the part of the German people, but was a consequence of the socialist ideas that had gained common currency in Germany in the decades preceding the outbreak of war. Such ideas, Hayek argued, were now becoming similarly accepted in Britain and the USA.On its publication in 1944, The Road to Serfdom caused a sensation. Its publishers could not keep up with demand, owing to wartime paper rationing. Then, in April 1945, Reader's Digest published a condensed version of the book and Hayek's work found a mass audience. This condensed edition was republished for the first time by the IEA in 1999. Since then it has been frequently reprinted and the electronic version has been downloaded over 100,000 times. There is an enduring demand for Hayek's relevant and accessible message.The Road to Serfdom is republished in this impression with The Intellectuals and Socialism originally published in 1949, in which Hayek explained the appeal of socialist ideas to intellectuals - the 'second-hand dealers in ideas'. Intellectuals, Hayek argued, are attracted to socialism because it involves the rational application of the intellect to the organisation of society, while its utopianism captures their imagination and satisfies their desire to make the world submit to their own design.
By any measure, the privatisation and liberalisation of the UK energy industry was an enromous success. And yet the public are not convinced. As energy expert Carlo Stagnaro shows in this important book, the re-regulation of the market in the UK, together with policy developed at the EU level, has undermined all the important developments of the 1990s and early 2000s. The result has not only been poorer outcomes in the energy market but a very inefficient approach to reduce carbon dioxide emissions. The EU has also only been partially successful in promoting liberalisation and competition in electricity markets and the time is ripe for change. The author shows how the EU must learn the lessons from the UK’s successful recent past – and the UK must re-learn them. Therein lies the route to a competitive energy market that serves the ends of consumers rather than the ends of politicians and other interest groups.
This book argues that increasingly arcane budget processes rivet voter and media attention on federal on-budget activity while simultaneously increasing the cost of monitoring politicians' actions. This enables politicians to say one thing and do another; to rail against "big government" while systematically expanding its reach. Roth distinguishes this book by his emphasis on the role of contrived information asymmetry in the principal-agent relationship between voters and their elected representatives. The analysis suggests that, given their agents' propensity to obfuscate, voters cannot rely on ideological or statutory restraints on the growth of government. Contents: Foreword; Acknowledgements; Information asymmetry and the Growth of Government; Ideology Overwhelmed: The Reagan Years; Ideology and the Principal-Agent Problem; Federal On-Budget Activity: Rhetoric vs. Reality; The Federal Underground Economy; The Erosion of Freedom; Freedom Defended; Notes; Index.
Karl Polanyi's belief that the greatest threat to freedom was a poorly administered economy led him to an economics that was more existential and human-centered. Part I of this book develops Polanyi's thinking for its significance today through a selection of papers on re-reading his major work entitled "The Great Transformation," Part II looks at the life and work of Ilona Duczynska (Polanyi's wife), political activist, writer and translator and important influence over Karl and his work. Kenneth McRobbie, a poet and historian who teaches at the University of British Columbia, is the editor of "Humanity, Society and Commitment," Kari Polanyi Levitt, emeritus professor at McGill University, is the editor of "The Life and Work of Karl Polanyi,"
A rollicking indictment of the liberal elite's hypocrisy when it comes to food. Ban trans-fats? Outlaw Happy Meals? Tax Twinkies? What's next? Affirmative action for cows? A catastrophe is looming. Farmers are raping the land and torturing animals. Food is riddled with deadly pesticides, hormones and foreign DNA. Corporate farms are wallowing in government subsidies. Meat packers and fast food restaurants are exploiting workers and tainting the food supply. And Paula Deen has diabetes! Something must be done. So says an emerging elite in this country who think they know exactly what we should grow, cook and eat. They are the food police. Taking on the commandments and condescension the likes of Michael Pollan, Alice Waters, and Mark Bittman, The Food Police casts long overdue skepticism on fascist food snobbery, debunking the myths propagated by the food elite. You'll learn: - Organic food is not necessarily healthier or tastier (and is certainly more expensive). - Genetically modified foods haven't sickened a single person but they have made farmers more profitable and they do hold the promise of feeding impoverished Africans. - Farm policies aren't making us fat. - Voguish locavorism is not greener or better for the economy. - Fat taxes won't slim our waists and "fixing" school lunch programs won't make our kids any smarter. - Why the food police hypocritically believe an iPad is a technological marvel but food technology is an industrial evil So before Big Brother and Animal Farm merge into a socialist nightmare, read The Food Police and let us as Americans celebrate what is good about our food system and take back our forks and foie gras before it's too late!
A provocative critique of the Obama administration's economic policies and an examination of America's difficult economic future During the 2008 presidential campaign, Barack Obama promised "a net spending cut" to make government smaller in order to reduce the deficit. But this huge increase in government spending and debt, and the resulting prospect of higher taxes, will make America a poorer country. Are Americans happier because the government has determined where this money should be spent? According to John Lott and Americans for Tax Reform President Grover Norquist, the answer is no, and in Debacle: Obama's War on Jobs and Growth and What We Can Do Now to Regain Our Future they explain why. Obama's economic policies have raised unemployment, slowed economic growth, dramatically raised the national debt, squandered taxpayer money through poor investments, and damaged the housing market. The book explains why Obama's policies on spending, taxes, and regulation have all worked to harm the recovery, increase unemployment, and depress housing prices. The Congressional Budget Office estimates that the deficits that President Obama proposes for the years from 2011 through 2020 come to a staggering $126,000 per family of four, and John Lott and Grover Norquist make clear why the costs outweigh the benefits Explains why Keynesian economics is more a way of transferring wealth to political constituencies than a legitimate economic theory for understanding how the economy operates Posits that Obama's economic policies were more an opportunity "to do big things" than to solve the country's economic problems Arguing that the policies of the Obama administration have created widespread economic chaos, Debacle is a bleak look at American finance from Grover Norquist.
"In today's hyper-partisan America, the party divide seems to loom over every facet of life, political or not. Yet central as they are, parties have proved unable to meet their core tasks: building resonant programs, organizing actors into ordered conflict, policing boundaries, and linking the governed with the government. To understand how we came to the dysfunctional system we see today, we look back at how the parties formed and when and why they started to fail. In this major new book in American political development, the authors offer a full historical account of modern party politics, beginning with the rise of mass parties in the Jacksonian era through the post-Obama Democrats and the post-Trump Republicans. They show dynamic changes in parties over time, identifying six recurrent approaches that parties have taken-accommodationist, anti-party, pro-capital, policy-reform, radical, and populist-and focus on how successive actors melded inherited forms together with novel approaches to construct new projects for power. They date the emergence of our hollow-party era to the demise of the "New Deal order" by the late 1970s. While acknowledging changes in both parties, the authors emphasize the decisive role of the right in bringing it about. With deep historical grounding and extensive original research, the authors argue that it was the Republican Party that broke American politics"--