Jumat, 05 Juli 2013

[W978.Ebook] Free PDF Economic Politics in the United States: The Costs and Risks of Democracy, by William R. Keech

Free PDF Economic Politics in the United States: The Costs and Risks of Democracy, by William R. Keech

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Economic Politics in the United States: The Costs and Risks of Democracy, by William R. Keech

Economic Politics in the United States: The Costs and Risks of Democracy, by William R. Keech



Economic Politics in the United States: The Costs and Risks of Democracy, by William R. Keech

Free PDF Economic Politics in the United States: The Costs and Risks of Democracy, by William R. Keech

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Economic Politics in the United States: The Costs and Risks of Democracy, by William R. Keech

Employing macroeconomic performance as a lens to evaluate democratic institutions, the author uses models of political behavior that allow for opportunism on the part of public officials and shortsightedness on the part of voters to see if democratic institutions lead to inferior macroeconomic performance. We have learned more about how and why democracy can work well or badly in the years since the first edition was published. It was not previously apparent how much the good performance of democracy in the United States was contingent on informal rules and institutions of restraint that are not part of the definition of democracy. Since that first edition, the United States has experienced soaring indebtedness, unintended adverse consequences of housing policy, and massive problems in the financial system. Each of these was permitted or encouraged by the incentives of electoral politics and by limitations on government, the two essential features of democratic institutions.

  • Sales Rank: #1236182 in Books
  • Published on: 2013-10-14
  • Released on: 2013-10-14
  • Original language: English
  • Number of items: 1
  • Dimensions: 8.98" h x .67" w x 5.98" l, .90 pounds
  • Binding: Paperback
  • 300 pages

Review
'In this important new edition, Bill Keech, one of the first political scientists to apply macroeconomic tools and research to political questions, revisits his prior inquiry on the 'health' of economic politics. But, in doing so, he also extends his discussion to incorporate many new findings in macro political economy. These additional results enhance our understanding of how and how well representative government performs. What is more, this book reflects the author's qualities: clear in exposition and sober in outlook. Very few social scientists have his scholarly breadth to engage the varied literatures from different disciplines - and even fewer could have written a contribution like this.' Jim Granato, University of Houston

About the Author
William Keech is Research Professor of Political Economy in the Department of Political Science at Duke University. Keech is the author of numerous books, including the first edition of Economic Politics in the United States (Cambridge University Press, 1995), and his articles have appeared in academic journals such as the American Political Science Review, Public Choice, and the American Economic Review. Most of his academic career has been at the University of North Carolina, Chapel Hill and Carnegie Mellon University. He has been president of the Southern Political Science Association and a member of the Council of the American Political Science Association. He received his PhD from the University of Wisconsin, Madison.

Most helpful customer reviews

1 of 1 people found the following review helpful.
a thoughtful, challenging work
By James A. LaRue
I love the author's choosing to be an "agnostic" as author of this book. You are less likely to become a defender of the left or right, and it makes the reader grow up and have to seriously look at where they stand and thoughtfully take responsibility for whatever position they hold at this time and listen to the views of others.

It is a friendlier read than most books as densely packed as this one.

The multitudinous references not only suggest the depth of the author's research, but also force the reader to see the number of perspectives that come to just about every critical economic and political issue.

We live in a time when our economic crises demand that we see clearly "the costs and risks of democracy" as we know it!!

1 of 1 people found the following review helpful.
Excellent Overview of American Government's Economic Mismanagment
By Paul H. Lewis
Given the subject-matter, I had feared that this would be a "tough read." Instead, I was impressed by how clearly the author explained fiscal policy, computer modeling, and concepts from econometrics to an uninitiated reader such as me. He carefully lays out his argument, his evidence, his method, and all the alternative approaches. I learned a great deal from this book and share the author's apprehensions about America's future if our political elites continue to behave irresponsibly toward the economy.

See all 2 customer reviews...

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