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Getting It Right - Markets and Choices in a Free Society (Paperback, New Ed) Loot Price: R266
Discovery Miles 2 660
You Save: R50 (16%)
Getting It Right - Markets and Choices in a Free Society (Paperback, New Ed): Robert J Barro
Getting It Right - Markets and Choices in a Free Society (Paperback, New Ed): Robert J Barro

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Getting It Right - Markets and Choices in a Free Society (Paperback, New Ed)

Robert J Barro

Series: Getting It Right

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List price R316 Loot Price R266 Discovery Miles 2 660 You Save R50 (16%)

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Since 1991, Robert Barro has been a lively contributor to the Wall Street Journal and other popular financial media. Getting It Right brings together, updates, and expands upon these writings that showcase Barro's agility in applying economic understanding to a wide array of social issues.Barro, a "conservative who takes no prisoners," and a self-described libertarian, believes that most governments have gone much too far in their spending, taxation, and regulation. The dominant theme in these wide-ranging essays is the importance of institutions that ensure property rights and free markets. The discussion deals especially with the appropriate range of government: which areas represent useful public policy and which are unnecessary interference.The first section of the book considers these questions in the context of the determinants of long-run economic growth. In addition to basic economics, Barro assesses related political topics, such as the role of public institutions, the optimal size of countries, and the consequences of default on foreign debt. The second section deals with the proper role and form of monetary policy. Barro argues that government should provide markets with a stable nominal framework and then stay out of the way to best allow for price stability.Writings in the third section cover fiscal and other macroeconomic policies. Topics include the distorting influences of taxation, especially taxes on capital income; infrastructure investment and other government spending; and the consequences of public debt and budget deficits. In a final section, Barro looks at more micro issues such as cartels, tax amnesties, school choice, privatization, cigarette-smoking regulation, endangered species regulation, the market for baseball players, and term limits for politicians.


Imprint: MIT Press
Country of origin: United States
Series: Getting It Right
Release date: February 1997
First published: 1997
Authors: Robert J Barro
Dimensions: 201 x 135 x 13mm (L x W x T)
Format: Paperback - Trade
Pages: 207
Edition: New Ed
ISBN-13: 978-0-262-52226-7
Barcode: 9780262522267
Categories: Books > Social sciences > Politics & government
Books > Social sciences > Politics & government > General
Books > Business & Economics > Economics > Macroeconomics > Monetary economics
Books > Business & Economics > Economics > Political economy
LSN: 0-262-52226-8

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