Second Thoughts: Myths and Morals of U.S. Economic History

by Donald N. McCloskey (Editor), Jeffrey G. Williamson, Robert A. Margo

This book examines the past as a way of preparing for the future. McCloskey has brought together leading economic historians who show that commonly accepted perceptions of our economic past can be wrong and, therefore, misleading. The contributors (including Robert Higgs, Julian and Rita
Simon, Elyce Rotella, Terry Anderson, Barry Eichengreen, Price Fishback, Susan Phillips and J. Richard Zecher) address a wide range of Teapot Dome scandal, banking regulation, "new" immigration problems, A T & T and deregulation, Third World development policies, the role of "big"
government, technological innovation, and property rights. Each essay explores the role of government policy in the outcome of events. Written in nontechnical prose, this book is an essential reference for those interested in our economic past.

Genres: Economics

224 pages, Hardcover

First published January 1, 1993

Reviews

[John · Rating 4 out of 5]

Hit and miss as any collection of essays will be. Mostly hit though with the earlier and microeconomically themed essays holding up better than the macro themed ones.