Second Thoughts: Myths and Morals of U.S. Economic History by Donald N. McCloskey (PDF)

Description

For this important new volume, Donald N. McCloskey has assembled twenty-four essays by leading economic historians who argue that commonly accepted perceptions of our economic past can be wrong and, therefore, misleading. The essays reevaluate various issues and events that influence today’s economic thinking, thus examining the past as a way of preparing for the future. Such notable contributors as 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 issues, including the Teapot Dome scandal, banking regulation, “new” immigration problems, AT&T and deregulation, Third World development policies, the role of “big” government, technological innovation, and property rights.Specially written for this collection in clear, nontechnical prose, the essays that comprise Second Thoughts fully explore the role of government policy in the outcome of events. This book is an essential reference for all who are interested in how our economic past and the way we interpret it determine the directions we will choose for our future.

User’s Reviews

Editorial Reviews: Review “The caliber of the reasoning and the presentation of the historical evidence will place this book at the center of economic policy debates. It will be read by those who agree with the argument and, more important, by those who expect to disagree with it.”–Stanley R. Engerman, University of Rochester; coauthor of Time on the Cross”A delightful volume.”–Choice About the Author Donald N. McCloskey is at University of Iowa.

Reviews from Amazon users which were colected at the time this book was published on the website:

⭐This collection of short essays packs astonishing punch per page. Nearly every paragraph bursts with revealing insights and germane facts. This book is one of the quickest routes by which the open-minded, but uninformed, person can become well-informed about the state of the world.

⭐

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