Destined for Failure American Prosperity in the Age of Bailouts 1st Edition by Nicolas Sanchez, Christopher Kopp Jr, Francis Sanzari ISBN 0313392633 978-0313392634

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Product details: 

ISBN 10:  0313392633 

ISBN 13: 978-0313392634 

Author:  Nicolas Sanchez,Christopher F. Kopp Jr, Francis Sanzari 

This book provides a historical background of the American business cycle, challenges the validity of conventional Keynesian ideology, and presents a bold, alternative theory of how production leads to wealth in our modern economy.

The United States is mired in the aftermath of booming economic prosperity, resembling the trouble recently experienced by the Japanese economy due partially to similar Keynesian bailouts and subsidies. Now more than two years into the current financial crisis, Americans are starting to wonder if we can ever escape the consequences of past mistakes. If our “recovery” plan continues along the previous paths that generated economic bubbles and unemployment, then we are destined for failure.

Destined for Failure: American Prosperity in the Age of Bailouts provides a conceptual framework previously available only to those with formal university training. It explains the effects of government regulation, political interference in the housing and job markets, misallocation of resources in health and education, moral hazard, environmental constraints, and excessive taxation. The authors provide insight into their view of Keynesian economics as an outdated, detrimental ideology, and take the Bush and Obama administrations to task for budget deficits and cronyistic subsidies and bailouts.

Table of contents: 

American prosperity in the age of bailouts 1 Introduction and Theory
American prosperity in the age of bailouts 2 Surviving the Media Age of Misinformation
American prosperity in the age of bailouts 3 Regulation The Achilles Heel of the US Economy
American prosperity in the age of bailouts 4 Curing Health Care
American prosperity in the age of bailouts 5 Investing in Health and Education
American prosperity in the age of bailouts 6 American Unions Robin Hoods or WhiteCollar Criminals?
American prosperity in the age of bailouts 7 Housing without Foundations How Ideology Led to Crisis
American prosperity in the age of bailouts 8 Foreign Policy Foreign Failure
American prosperity in the age of bailouts 9 Polluting the Economy with Environmental Regulation
American prosperity in the age of bailouts 10 Taxing More and Producing Less
American prosperity in the age of bailouts 11 Ensuring Disaster with Moral Hazard
American prosperity in the age of bailouts 12 The Burden of the Keynesian Cross
American prosperity in the age of bailouts 13 Putting It All Together
American prosperity in the age of bailouts Index

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Nicolas Sanchez,Christopher Kopp Jr,Francis Sanzari,Destined for Failure,the Age of Bailouts