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Man, Economy, and State: A treatise on economic principles is a 1962 book of Austrian School economics by Murray Rothbard (orig. abridged ed.). [a] It was originally intended as a textbook form of Human Action by Ludwig von Mises, but became its own treatise after he realized original work was needed to flesh out Mises' ideas.
He argued that economic liberalism was not synonymous with laissez-faire; in British classical liberal thought the "government may do whatever it can do that the people will have it do", whereas the utilitarian liberal believed that the "government may do whatever it can do that people have it do or can be made to believe it should do". [3]
Public Economics focuses on when and to what degree the government should intervene in the economy to address market failures. [19] Some examples of government intervention are providing pure public goods such as defense, regulating negative externalities such as pollution and addressing imperfect market conditions such as asymmetric information.
An Economic Interpretation of the Constitution of the United States is a 1913 book by American historian Charles A. Beard. [1] It interpreted the early history of the United States from the lens of class conflict , arguing that the Constitution of the United States was structured to financially benefit the Founding Fathers .
The Economy Act of 1933, officially titled the Act of March 20, 1933 (ch. 3, Pub. L. 73–2, 48 Stat. 8, enacted March 20, 1933, is an Act of Congress that cut the salaries of federal workers and reduced benefit payments to veterans, moves intended to reduce the federal deficit in the United States.
The benefits even extend beyond immediate economic growth. The lease payments, royalties, and taxes paid to the American people in return for the development of the nation’s resources can yield literally trillions of dollars in new government revenue. Lower energy prices can ease the burdens on household budgets.
" 'Money and Government' Review: Please Don't Call It Socialism". Wall Street Journal. ISSN 0099-9660. Smith, David (September 9, 2018). "Review: Money and Government: A Challenge to Mainstream Economics by Robert Skidelsky — the case for Keynes". The Times. ISSN 0140-0460.
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