Research Catalog

Title

A new mandate : democratic choices for a prosperous economy / Louis A. Ferleger and Jay R. Mandle.

Author

Ferleger, Lou.

Publication

Columbia : University of Missouri Press, [1994], ©1994.

Items in the Library & Off-site

Holdings

Details

Additional Authors

Mandle, Jay R.

Description

x, 150 pages; 24 cm

Summary

• Bill Clinton's presidential victory was recognition by a large segment of the United States electorate that "supply-side economics" had not lived up to its promise of raising the income levels of most households. It was time to try something else. In A New Mandate, Louis Ferleger and Jay Mandle put forward a fresh strategy for restoring American competitiveness, arguing that productivity growth and technological change can be reconciled with democratic and egalitarian values.
• Because rapid economic growth is the sole means by which living standards can be advanced, according to the authors, a commitment to raising productivity should be an essential component of democratic politics. Ferleger and Mandle believe that enhanced educational opportunities for the American people, particularly minorities, are the best way to accelerate productivity growth.
• They contend that this would not only improve the rate of technological advancement, but would also broaden the distribution of benefits derived from the resulting economic growth. As many noneconomic goals are also present in society, the authors insist that markets must be subjected to democratic political control. If we are to achieve the growth necessary to induce innovation, the government must adopt a proactive role, as only it can do.
• Provocative essays dealing with the former Soviet Union, Eastern Europe, and the Caribbean, as well as the United States, cover such diverse topics as NAFTA, the stock market crash of 1987, and the role of African Americans in the U.S. economy. This important work will add insight into our current economic situation and will serve as a catalyst for further, and much-needed, debate on today's economy.

Subjects

• United States > Economic policy > 1981-1993
• United States > Economic policy > 1993-2001

Note

• A collection of revised essays originally written between 1986 and 1993 and previously published in various journals.

Bibliography (note)

• Includes bibliographical references and index.

Contents

1. Confronting the Productivity Crisis -- 2. Education for Productivity -- 3. Poor Math Skills, Poor Productivity Growth -- 4. The Saving Shortfall -- 5. Raising Productivity in Services -- 6. No Pain, No Gain: Taxes, Productivity, and Economic Growth -- 7. Politics and Radical Keynesianism -- 8. Austerity and Fairness: Managing the Next Economy -- 9. Free Markets and the Crash of 1987 -- 10. Interdependence from Now On: African Americans and the Economy -- 11. Economic Development without Trade? -- 12. Strategies for Economic Renewal, East and West -- 13. Capitalism and Economic Development in the Third World -- 14. Development Policy and Caribbean Dependency -- 15. The Potential Future of Eastern Europe -- 16. Planning and Markets: A Democratic Choice -- 17. Socialism without Markets? -- 18. Four Rules of a Good Society.

ISBN

0826209408 (alk. paper)

LCCN

93040157

OCLC

• 29255444
• ocm29255444

Owning Institutions

Columbia University Libraries