| Description |
1 online resource (283 pages) |
| Series |
Routledge Foundations of the Market Economy |
|
Routledge foundations of the market economy.
|
| Contents |
Economic Freedom and Prosperity- Front Cover; Half Title; Title Page; Copyright Page; Contents; List of figures; List of tables; List of contributors; Acknowledgements; Introduction; Notes; References; PART I: Theory; Chapter 1: Taming Leviathan; Introduction; The growth of government; Taming Leviathan with polycentricity; The decentralization of money; Conclusion; Notes; References; Chapter 2: Constitutional drift and political dysfunction: underappreciated maladies of the political commons; Introduction; Constitutional bargains and constitutional drift |
|
Political institutions and political dysfunctionThe American republic and the fiscal commons; Conclusion: pathways towards a constitution of functional politics; Notes; References; Chapter 3: The limits of liberalism: good boundaries must be discovered; Introduction; Boundary problems and the irreducible commons; Consent and exit: finding good boundaries; Conclusion; Note; References; PART II: Empirical explorations and case studies; Chapter 4: The rise and decline of nations: the dynamic properties of institutional reform; Introduction; Literature review; How big is "big"? |
|
How long does "significant institutional change" take?Speed of reform versus permanence: does "shock" work as well as "gradual" transition?; Simon says: which areas lead, and which follow?; A closer examination of free trade policy; Are the post-socialist transition economies special cases?; Conclusion; Notes; References; Chapter 5: The persistence of historical influences on current economic freedom; Introduction; Institutional development and economic freedom; Historical data; Empirical results; Discussion and conclusion; Notes; References |
|
Chapter 6: Institutional convergence: exit or voice?Introduction; Empirical approach and data; Empirical results; Conclusion; Notes; References; Chapter 7: Crises and government: some empirical evidence; Introduction; Previous work; Data; Results; Conclusions; Notes; References; Chapter 8: Does immigration impact institutions?; Introduction; Data and methodology; Results; Conclusion; Notes; References; Chapter 9: The genesis and evolution of China's economic liberalization; Introduction; Economic and social life under Mao; Early reforms and the re-emergence of the private sector, 1976-78 |
|
The evolution of reforms under Deng Xiaoping, 1978-89The Jiang-Zhu years: building the socialist market economy, 1992-2002; The Hu-Wen era and the global financial crisis; Xi Jinping and China's future; Conclusion; Notes; References; PART III: Keynote addresses; Chapter 10: Freedom versus coercion in economic development; Note; References; Chapter 11: The case for free trade since David Ricardo; Introduction; The theoretical case; The moral case; The political case; The empirical case; Conclusion; Notes; References |
| Summary |
Economic theory and a growing body of empirical research support the idea that economic freedom is an important ingredient to long-run economic prosperity. However, the determinants of economic freedom are much less understood than the benefits that freedom provides. Economic Freedom and Prosperity addresses this major gap in our knowledge. If private property and economic freedom are essential for achieving and maintaining a high standard of living, it is crucial to understand how improvements in these areas have been achieved andwhether there are lessons that can be replicated in less free areas of the world today. In this edited collection, contributors investigate this research question through multiple methodologies. Beginning with three chapters that theoretically explore ways in which economic freedom might be better achieved, it then moves on to a series of empirical chapters that examine questions including the speed and permanence of reform, the deep long-run determinants of economic freedom, the relationship between voice and exit in impacting freedom, the role of crises in generating change, and immigration. Finally, the book considers the evolution of freedom in China, development economics, andinternational trade, and it concludes with a consideration of what is necessary to promote a humane liberalism consistent with economic freedom. Economic Freedom and Prosperity will be of great interest to all social scientists concerned with issues of institutional change. It will particularly appeal to those concerned with economic development and the determinants of an environment of economic freedom |
| Notes |
Chapter 12: Manifesto for a new American liberalism: or, how to be a humane libertarian |
|
Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force. WlAbNL |
|
Print version record |
| Subject |
Free enterprise.
|
|
Liberalism -- Economic aspects
|
|
Free trade.
|
|
Economic development.
|
|
Economic policy.
|
|
BUSINESS and ECONOMICS -- Economics -- General
|
|
BUSINESS and ECONOMICS -- Reference
|
|
economic development.
|
|
BUSINESS & ECONOMICS -- Economic History.
|
|
BUSINESS & ECONOMICS -- Economics -- Theory.
|
|
commons.
|
|
democracy.
|
|
development economics.
|
|
economic freedom.
|
|
economic liberalization.
|
|
institutional economics.
|
|
institutions.
|
|
international trade.
|
|
libertarian.
|
|
property rights.
|
|
prosperity.
|
|
rule of law.
|
|
Economic development
|
|
Economic policy
|
|
Free enterprise
|
|
Free trade
|
|
Liberalism -- Economic aspects
|
| Form |
Electronic book
|
| Author |
Powell, Benjamin, editor
|
| ISBN |
9780429813214 |
|
042981321X |
|
9780429813207 |
|
0429813201 |
|
