The Moral Consequences of Economic Growth by Benjamin M Friedman

The Moral Consequences of Economic Growth by Benjamin M Friedman

From the author of Day of Reckoning, the acclaimed critique of Ronald Reagan's economic policy (Every citizen should read it, said The New York Times): a persuasive, wide-ranging argument that economic growth provides far more than material benefits.

In clear-cut prose, Benjamin M. Friedman examines the political and social histories of the large Western democracies-particularly of the United States since the Civil War-to demonstrate the fact that incomes on the rise lead to more open and democratic societies. He explains that growth, rather than simply a high standard of living, is key to effecting political and social liberalization in the third world, and shows that even the wealthiest of nations puts its democratic values at risk when income levels stand still. Merely being rich is no protection against a turn toward rigidity and intolerance when a country's citizens lose the sense that they are getting ahead.

With concrete policy suggestions for pursuing growth at home and promoting worldwide economic expansion, this volume is a major contribution to the ongoing debate about the effects of economic growth and globalization.

Benjamin M. Friedman is the William Joseph Maier Professor of Political Economy and former chairman of the department of economics at Harvard University, where he has taught since 1972. The author of several scholarly works; his first trade book, Day of Reckoning: The Consequences of American Economic Policy Under Reagan and After, was awarded the George S. Eccles Prize, awarded annually by Columbia University for excellence in writing about economics. A former investment banker, he has consulted for the Board of Governors of the Federal Reserve System and individual Federal Reserve banks. He has worked with the National Bureau of Economic Research, the National Science Foundation Subcommittee on Economics, and the Congressional Budget Office. Professor Friedman has written for the New York Times, The Wall Street Journal, and The New York Review of Books.

SKU	Unavailable
ISBN 13	9780679448914
ISBN 10	0679448918
Title	The Moral Consequences of Economic Growth
Author	Benjamin M Friedman
Condition	Unavailable
Binding Type	Hardback
Publisher	Random House Australia
Year published	2006-01-15
Number of pages	570
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.