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Concrete economics : the Hamilton approach to economic growth and policy / Stephen S. Cohen, J. Bradford DeLong.

By: Cohen, Stephen S [author.].
Contributor(s): De Long, J. Bradford [author.].
Material type: materialTypeLabelBookPublisher: Boston, Massachusetts : Harvard Business Review Press, 2016Description: xi, 223 pages ; 22 cm.Content type: text Media type: unmediated Carrier type: volumeISBN: 9781422189818 (hardcover).Subject(s): Economic development -- United States -- History | BUSINESS & ECONOMICS / Government & Business | BUSINESS & ECONOMICS / Economics / General | BUSINESS & ECONOMICS / Economic History | United States -- Economic policyDDC classification: 330.973 STE Online resources: Table of contents
Contents:
Preface Introduction 1. Alexander Hamilton designs America 2. Additional redesigns : from Lincoln to FDR 3. The long age of Eisenhower 4. The East Asian model 5. The hypertrophy of finance Conclusion.
Summary: "Brilliantly written and argued, Concrete Economics shows exactly how the US government has shaped and directed the economy since the very inception of the country. This book does not rehash the sturdy and well-known arguments that to thrive, an entrepreneurial economy needs a social and policy environment characterized by a broad range of freedoms. Nor does it buy into the myth of the absolutely free market. Instead, Cohen and DeLong focus on the forgotten role played by the US government in initiating and enabling a redesign of the US economy. The government not only sets the ground rules for entrepreneurial activity but directs the surges of energy that mark a vibrant economy. It is as true for present-day Silicon Valley as it was for New England manufacturing at the dawn of the nineteenth century. This is not an argument based on abstract truths, complex correlations, or arcane discoveries, but rather on the facts of how the US economy succeeded so brilliantly. And that provides a blueprint for how the government, established companies, and new ventures can partner to yet again successfully reshape the economy. "--
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Item type Current location Call number Status Date due Barcode
Book Book Indian Institute for Human Settlements, Bangalore
330.973 STE 010545 (Browse shelf) Available 010545

Includes bibliographical references (pages 193-206) and index.

Preface
Introduction
1. Alexander Hamilton designs America
2. Additional redesigns : from Lincoln to FDR
3. The long age of Eisenhower
4. The East Asian model
5. The hypertrophy of finance
Conclusion.

"Brilliantly written and argued, Concrete Economics shows exactly how the US government has shaped and directed the economy since the very inception of the country. This book does not rehash the sturdy and well-known arguments that to thrive, an entrepreneurial economy needs a social and policy environment characterized by a broad range of freedoms. Nor does it buy into the myth of the absolutely free market. Instead, Cohen and DeLong focus on the forgotten role played by the US government in initiating and enabling a redesign of the US economy. The government not only sets the ground rules for entrepreneurial activity but directs the surges of energy that mark a vibrant economy. It is as true for present-day Silicon Valley as it was for New England manufacturing at the dawn of the nineteenth century. This is not an argument based on abstract truths, complex correlations, or arcane discoveries, but rather on the facts of how the US economy succeeded so brilliantly. And that provides a blueprint for how the government, established companies, and new ventures can partner to yet again successfully reshape the economy. "--

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