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Covering the period from Ted Heath's assumption of the leadership of the Conservative Party through to the early years of the Coalition, this volume provides a detailed analysis of the Tory Party's Macroeconomic and Microeconomic Policy-Making over the past 50 years providing an historical context for the political and economic events of today.
Covering the period from Ted Heath's assumption of the leadership of the Conservative Party through to the early years of the Coalition, this volume provides a detailed analysis of the Tory Party's Macroeconomic and Microeconomic Policy-Making over the past 50 years providing an historical context for the political and economic events of today.
The Conservatives are back - but what took them so long? Why did the world's most successful political party dump Margaret Thatcher only to commit electoral suicide under John Major? Just as importantly, what stopped the Tories getting their act together until David Cameron came along? The answers are as intriguing as the questions.
A study of the political theory that underlies the conservative economic thought of such economists as Milton Friedman, James Buchanan and Friedrich Hayek, and its implications for public policy. The author analyzes the political content of ideas that justify a laissez-faire policy.
Given the increased openness of countries to international trade and financial flows, the general public and the scholarly literature have grown skeptical about the capacity of policy-makers to affect economic performance. Challenging this view, Political Parties, Growth, and Equality shows that the increasingly interdependent world economy and recent technological shocks have actually exacerbated the dilemmas faced by governments in choosing among various policy objectives, such as generating jobs and reducing income inequality, thereby granting political parties and electoral politics a fundamental and growing role in the economy. To make growth and equality compatible, social democrats employ the public sector to raise the productivity of capital and labor. By contrast, conservatives rely on the private provision of investment. Based on analysis of the economic policies of all OECD countries since the 1960s and in-depth examination of Britain and Spain in the 1980s, this book offers a new understanding of how contemporary democracies work.
A radical reading of British Conservatives' fortunes between the wars, exploring how the party adapted to mass democracy after 1918.
A New York Times Editors’ Choice An “essential” (Jane Mayer) account of the dangerous marriage of plutocratic economic priorities and right-wing populist appeals — and how it threatens the pillars of American democracy. In Let Them Eat Tweets, best-selling political scientists Jacob S. Hacker and Paul Pierson argue that despite the rhetoric of Donald Trump, Josh Hawley, and other right-wing “populists,” the Republican Party came to serve its plutocratic masters to a degree without precedent in modern global history. To maintain power while serving the 0.1 percent, the GOP has relied on increasingly incendiary racial and cultural appeals to its almost entirely white base. Calling this dangerous hybrid “plutocratic populism,” Hacker and Pierson show how, over the last forty years, reactionary plutocrats and right-wing populists have become the two faces of a party that now actively undermines democracy to achieve its goals against the will of the majority of Americans. Based on decades of research and featuring a new epilogue about the intensification of GOP radicalism after the 2020 election, Let Them Eat Tweets authoritatively explains the doom loop of tax cutting and fearmongering that defines the Republican Party—and reveals how the rest of us can fight back.
Conservatives and liberals alike are currently debating the probable future of the Republican Party. What direction will conservatives and republicans take on foreign policy in the age of Obama? This book tackles this question.
This volume provides an up-to-date and comprehensive introduction to British policy in Europe. By exploring the schisms within the party over Europe, through primary source-based history and theoretical discourses of political science, N.J. Crowson gives the reader the best sense of understanding of how and why the Conservative party’s policy attitudes to European integration have evolved. The Conservative Party and European Integration since 1945 adopts a thematic line based around two chronological periods, 1945–75 and 1975–2006, and uses different methodological approaches. It explores the shifting stances amongst Conservatives within an economic, political and international context as the party adjusted to the decline of Britain’s world role and the loss of empire. Crowson analyzes Britain’s role and relationship with Europe together with the study of the Conservative Party, and deals with economic, commercial and monetary issues, successfully bridging a serious gap in any discussion of the UK’s relations with the European Union and appreciation of the political world in which Conservative European policy has been framed and pursued since 1945. This book is recommended for background reading in undergraduate courses in British politics and European history.
Supply-Side Follies is a progressive political and economic challenge to the current George W. Bush policies. It debunks commonly held assumptions of conservative economic policies centered on the obsession that tax cuts led to greater productivity and prosperity. These fundamentally flawed policies are setting the United States up for a major economic downturn in the near future. The 21st century knowledge economy requires a fundamentally different approach to boosting growth than simply cutting taxes on the richest investors. The alternative is not, however, to resurrect old Keynesian, populist economics as too many Democrats hope to do. Rather, as Rob Atkinson makes clear, our long-term national welfare and prosperity depends on new economic strategy that fits the realities of the 21st century global, knowledge-based economy: innovation-based growth economics.