Freedom, Opportunity, and Security is a book on government economic policy which will have some appeal to both sides of the political divide. The book starts from basic principles to develop the case for a free economy, and then presents the case for policies to provide opportunity and security. However, all policies are subject to the reality constraint that the average real wage equals the average level of productivity. Downing's incisive analysis considers many questions in regard to economic policy. For instance, why Keynesians are right that aggregate demand stabilization is crucial, but...
Freedom, Opportunity, and Security is a book on government economic policy which will have some appeal to both sides of the political divide. The book...
A free economy provides the best hope for a just and prosperous society, but wise government policy is needed to ensure that society provides opportunity and economic security for all. This book ties together analysis of economic policy with analysis of the government structures needed to implement that policy.
A free economy provides the best hope for a just and prosperous society, but wise government policy is needed to ensure that society provides opportun...