Economics in One Virus

Economics in One Virus PDF Author: Ryan A. Bourne
Publisher: Cato Institute
ISBN: 1952223075
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
"A truly excellent book that explains where our pandemic response went wrong, and how we can understand those failings using the tools of economics." —Tyler Cowen, Holbert L. Harris Chair of Economics at George Mason University and coauthor of the blog Marginal Revolution Have you ever stopped to wonder why hand sanitizer was missing from your pharmacy for months after the COVID-19 pandemic hit? Why some employers and employees were arguing over workers being re-hired during the first COVID-19 lockdown? Why passenger airlines were able to get their own ring-fenced bailout from Congress? Economics in One Virus answers all these pandemic-related questions and many more, drawing on the dramatic events of 2020 to bring to life some of the most important principles of economic thought. Packed with supporting data and the best new academic evidence, those uninitiated in economics will be given a crash-course in the subject through the applied case-study of the COVID-19 pandemic, to help explain everything from why the U.S. was underprepared for the pandemic to how economists go about valuing the lives saved from lockdowns. After digesting this highly readable, fast-paced, and provocative virus-themed economic tour, readers will be able to make much better sense of the events that they've lived through. Perhaps more importantly, the insights on everything from the role of the price mechanism to trade and specialization will grant even those wholly new to economics the skills to think like an economist in their own lives and when evaluating the choices of their political leaders.

Economics in One Virus

Economics in One Virus PDF Author: Ryan A. Bourne
Publisher: Cato Institute
ISBN: 1952223075
Category : Business & Economics
Languages : en
Pages : 321

Get Book Here

Book Description
"A truly excellent book that explains where our pandemic response went wrong, and how we can understand those failings using the tools of economics." —Tyler Cowen, Holbert L. Harris Chair of Economics at George Mason University and coauthor of the blog Marginal Revolution Have you ever stopped to wonder why hand sanitizer was missing from your pharmacy for months after the COVID-19 pandemic hit? Why some employers and employees were arguing over workers being re-hired during the first COVID-19 lockdown? Why passenger airlines were able to get their own ring-fenced bailout from Congress? Economics in One Virus answers all these pandemic-related questions and many more, drawing on the dramatic events of 2020 to bring to life some of the most important principles of economic thought. Packed with supporting data and the best new academic evidence, those uninitiated in economics will be given a crash-course in the subject through the applied case-study of the COVID-19 pandemic, to help explain everything from why the U.S. was underprepared for the pandemic to how economists go about valuing the lives saved from lockdowns. After digesting this highly readable, fast-paced, and provocative virus-themed economic tour, readers will be able to make much better sense of the events that they've lived through. Perhaps more importantly, the insights on everything from the role of the price mechanism to trade and specialization will grant even those wholly new to economics the skills to think like an economist in their own lives and when evaluating the choices of their political leaders.

Cato's Letters

Cato's Letters PDF Author: John Trenchard
Publisher:
ISBN:
Category : Church and state
Languages : en
Pages : 348

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Book Description


NeoConservatism

NeoConservatism PDF Author: C. Bradley Thompson
Publisher: Routledge
ISBN: 1317255623
Category : Political Science
Languages : en
Pages : 344

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Book Description
An obituary so soon! Surely the reports of neoconservatism's death are greatly exaggerated. C. Bradley Thompson has written (with Yaron Brook) the most comprehensive and original analysis of neoconservatism yet published and in the process has dealt it a mortal blow. Neoconservatism: An Obituary for an Idea reveals publicly for the first time what the neocons call their philosophy of governance--their plan for governing America. This book explicates the deepest philosophic principles of neoconservatism, traces the intellectual relationship between the political philosopher Leo Strauss and contemporary neoconservative political actors, and provides a trenchant critique of neoconservatism from the perspective of America's founding principles. The theme of this timely book--neoconservatism as a species of anti-Americanism--will shake up the intellectual salons of both the Left and Right. What makes this book so compelling is that Thompson actually lived for many years in the Straussian/neoconservative intellectual world. Neoconservatism therefore fits into the "breaking ranks" tradition of scholarly criticism and breaks the mold when it comes to informed, incisive, nonpartisan critique of neoconservative thought and action.

Downsizing the Federal Government

Downsizing the Federal Government PDF Author: Chris Edwards
Publisher: Cato Institute
ISBN: 1933995513
Category : Political Science
Languages : en
Pages : 263

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Book Description
The federal government is running huge budget deficits, spending too much, and heading toward a financial crisis. Federal spending soared under President George W. Bush, and the costs of programs for the elderly are set to balloon in coming years. Hurricane Katrina has made the federal budget situation even more desperate. In Downsizing the Federal Government Cato Institute budget expert Chris Edwards provides policymakers with solutions to the growing federal budget mess. Edwards identifies more than 100 federal programs that should be terminated, transferred to the states, or privatized in order to balance the budget and save hundreds of billions of dollars. Edwards proposes a balanced reform package of cuts to entitlements, domestic programs, and excess defense spending. He argues that these cuts would not only eliminate the deficit, but also strengthen the economy, enlarge personal freedom, and leave a positive fiscal legacy for the next generation. Downsizing the Federal Government discusses the systematic causes of wasteful spending, and it overflows with examples of federal programs that are obsolete and mismanaged. The book examines the budget process and shows how policymakers act contrary to the interests of average Americans by favoring special interests.

After Prohibition

After Prohibition PDF Author: Timothy Lynch
Publisher: Cato Institute
ISBN: 9781882577941
Category : Law
Languages : en
Pages : 216

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Book Description
More than 10 years ago, federal officials boldly claimed that they would create a drug-fee America by 1995.

Peddling Protectionism

Peddling Protectionism PDF Author: Douglas A. Irwin
Publisher: Princeton University Press
ISBN: 1400888425
Category : Business & Economics
Languages : en
Pages : 265

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Book Description
A history of America's most infamous tariff The Smoot-Hawley tariff of 1930, which raised U.S. duties on hundreds of imported goods to record levels, is America's most infamous trade law. It is often associated with—and sometimes blamed for—the onset of the Great Depression, the collapse of world trade, and the global spread of protectionism in the 1930s. Even today, the ghosts of congressmen Reed Smoot and Willis Hawley haunt anyone arguing for higher trade barriers; almost single-handedly, they made protectionism an insult rather than a compliment. In Peddling Protectionism, Douglas Irwin provides the first comprehensive history of the causes and effects of this notorious measure, explaining why it largely deserves its reputation for combining bad politics and bad economics and harming the U.S. and world economies during the Depression. In four brief, clear chapters, Irwin presents an authoritative account of the politics behind Smoot-Hawley, its economic consequences, the foreign reaction it provoked, and its aftermath and legacy. Starting as a Republican ploy to win the farm vote in the 1928 election by increasing duties on agricultural imports, the tariff quickly grew into a logrolling, pork barrel free-for-all in which duties were increased all around, regardless of the interests of consumers and exporters. After Herbert Hoover signed the bill, U.S. imports fell sharply and other countries retaliated by increasing tariffs on American goods, leading U.S. exports to shrivel as well. While Smoot-Hawley was hardly responsible for the Great Depression, Irwin argues, it contributed to a decline in world trade and provoked discrimination against U.S. exports that lasted decades. Peddling Protectionism tells a fascinating story filled with valuable lessons for trade policy today.

Mad about Trade

Mad about Trade PDF Author: Daniel T. Griswold
Publisher: Cato Institute
ISBN: 193530819X
Category : Business & Economics
Languages : en
Pages : 226

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Book Description
Politicians and pundits can rage against free trade and globalization, but much of what they convey is myth says the author. He argues that free trade is good for the American family. Among the benefits he discusses are import competition that provides lower prices, greater variety, and better quality, especially for poor and middle class families. Driven in part by trade, most new jobs are well-paying service jobs. Foreign investment here has created well-paying jobs, and investment abroad has given United States companies access to millions of new customers. Trade helped expand the global middle class, reducing poverty and child labor while fueling demand for U.S. products. The author also looks at how the past three decades of an open global economy have created a more prosperous, democratic, and peaceful world.

Permissionless Innovation: The Continuing Case for Comprehensive Technological Freedom

Permissionless Innovation: The Continuing Case for Comprehensive Technological Freedom PDF Author: Adam Thierer
Publisher: Mercatus Center at George Mason University
ISBN: 1942951248
Category : Technology & Engineering
Languages : en
Pages : 236

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Book Description
Will innovators be forced to seek the blessing of public officials before they develop and deploy new devices and services, or will they be generally left free to experiment with new technologies and business models? In this book, Adam Thierer argues that if the former disposition, “the precautionary principle,” trumps the latter, “permissionless innovation,” the result will be fewer services, lower-quality goods, higher prices, diminished economic growth, and a decline in the overall standard of living. When public policy is shaped by “precautionary principle” reasoning, it poses a serious threat to technological progress, economic entrepreneurialism, and long-run prosperity. By contrast, permissionless innovation has fueled the success of the Internet and much of the modern tech economy in recent years, and it is set to power the next great industrial revolution—if we let it.

Cato Handbook for Policymakers

Cato Handbook for Policymakers PDF Author: Cato Institute
Publisher: Cato Institute
ISBN: 1933995912
Category : Law
Languages : en
Pages : 698

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Book Description
Offers policy recommendations from Cato Institute experts on every major policy issue. Providing both in-depth analysis and concrete recommendations, the Handbook is an invaluable resource for policymakers and anyone else interested in securing liberty through limited government.

Rome's Last Citizen

Rome's Last Citizen PDF Author: Rob Goodman
Publisher: Macmillan
ISBN: 0312681232
Category : Biography & Autobiography
Languages : en
Pages : 382

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Book Description
This biography of Marcus Cato the Younger -- Rome's bravest statesman, an aristocratic soldier, a Stoic philosopher, and staunch defender of sacred Roman tradition -- is rich with resonances for current politics and contemporary notions of freedom.