The Political Theory of Conservative Economists

It’s difficult to overstate the impact of conservative economics on American life. The conservative thought of economists like Milton Friedman, James Buchanan, and Friedrick Hayek has provided the conceptual framework that undergirds nearly every aspect of current U.S. socialeconomic policy. Althoug...

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Prif Awdur: Waligorski, Conrad P.
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Cyhoeddwyd: University Press of Kansas 2022
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Mynediad Ar-lein:ONIX_20220715_9780700631292_282
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author Waligorski, Conrad P.
author_browse Waligorski, Conrad P.
author_facet Waligorski, Conrad P.
author_sort Waligorski, Conrad P.
collection Directory of Open Access Books
description It’s difficult to overstate the impact of conservative economics on American life. The conservative thought of economists like Milton Friedman, James Buchanan, and Friedrick Hayek has provided the conceptual framework that undergirds nearly every aspect of current U.S. socialeconomic policy. Although a great deal has been written about the economic theories of these Nobel Prizewinning economists, this study is the first to examine the political theory that underlies conservative economics and its implications for public policy.Long associated with the “Chicago” and “public choice” schools of thought, Friedman, Buchanan, Hayek, and others have consistently repudiated Keynesian principles. They have steadfastly opposed social welfare policies and regulation of private enterprise, championing instead the free market as a mechanism for ordering society.In this book Conrad Waligorski analyzes the political content of the conservative economists’ arguments. In so doing, he illuminates the political, economic, and philosophical ideas behind and justification for the laissezfaire policy—the reduced regulation, intervention, and welfare favored by conservative governments in the United States, Canada, and Britain.
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spelling doab-20.500.12854ir-885332024-03-30T02:52:26Z The Political Theory of Conservative Economists Waligorski, Conrad P. Political economy thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy It’s difficult to overstate the impact of conservative economics on American life. The conservative thought of economists like Milton Friedman, James Buchanan, and Friedrick Hayek has provided the conceptual framework that undergirds nearly every aspect of current U.S. socialeconomic policy. Although a great deal has been written about the economic theories of these Nobel Prizewinning economists, this study is the first to examine the political theory that underlies conservative economics and its implications for public policy.Long associated with the “Chicago” and “public choice” schools of thought, Friedman, Buchanan, Hayek, and others have consistently repudiated Keynesian principles. They have steadfastly opposed social welfare policies and regulation of private enterprise, championing instead the free market as a mechanism for ordering society.In this book Conrad Waligorski analyzes the political content of the conservative economists’ arguments. In so doing, he illuminates the political, economic, and philosophical ideas behind and justification for the laissezfaire policy—the reduced regulation, intervention, and welfare favored by conservative governments in the United States, Canada, and Britain. 2022-07-15T15:08:59Z 2022-07-15T15:08:59Z 1990 book ONIX_20220715_9780700631292_282 9780700631292 https://directory.doabooks.org/handle/20.500.12854/88533 eng image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International https://muse.jhu.edu/book/84296 University Press of Kansas 10.1353/book.84296 10.1353/book.84296 d6fe0229-a31d-4b33-87fc-38cc16caac43 9780700631292 270 open access
spellingShingle Political economy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
Waligorski, Conrad P.
The Political Theory of Conservative Economists
title The Political Theory of Conservative Economists
title_full The Political Theory of Conservative Economists
title_fullStr The Political Theory of Conservative Economists
title_full_unstemmed The Political Theory of Conservative Economists
title_short The Political Theory of Conservative Economists
title_sort political theory of conservative economists
topic Political economy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
topic_facet Political economy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
url ONIX_20220715_9780700631292_282
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