Economic and Political Change after Crisis: Prospects for government, liberty and the rule of law

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Stephen H. Balch Benjamin Powell

Economic and Political Change after Crisis

Prospects for government, liberty and the rule of law

Stephen H. Balch, Benjamin Powell

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English

Routledge
12 December 2019

Political science & theory; Conservatism & right-of-centre democratic ideologies; Economic theory & philosophy; Political economy

Series: Routledge Foundations of the Market Economy

The U.S. Government’s accumulated national debt and unfunded liabilities in social security and Medicare could be pushing the country towards a fiscal crisis. How could such a crisis be avoided? If a crisis does strike, how might it be dealt with? What might be the long term ramifications of experiencing a crisis? The contributors to Economic and Political Change After Crisis explore all of these questions and more.

The book begins by exploring how past crises have permanently increased the size and scope of government and how well the rule of law has been maintained during these crises. Chapters explore how these relationships might change in a future crisis and examine how the structure of the U.S. government contributes to a tendency towards fiscal imbalance. In a provocative contribution, the authors predict a U.S. government default on its debt. The book concludes by considering how a fiscal crisis might precipitate or interact with other forms of crises.

Social scientists from a variety of disciplines, public policy makers, and concerned members of the general public would all benefit from the contributions contained in this book. If the U.S. is going to avoid a future crisis, or do as well as possible if a crisis occurs, the arguments in these chapters should be given serious consideration.

Edited by: Stephen H. Balch, Benjamin Powell
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 453g
ISBN: 9780367890001
ISBN 10: 0367890003
Series: Routledge Foundations of the Market Economy
Pages: 184
Publication Date: 12 December 2019
Audience: College/higher education , Primary , A / AS level
Format: Paperback
Publisher's Status: Active

Stephen H. Balch is Director of the Institute for the Study of Western Civilization, Texas Tech University, USA. Benjamin Powell is the Director of the Free Market Institute and a Professor of Economics in the Jerry S. Rawls College of Business Administration at Texas Tech University, USA.