By Jack Godwin Ph.D.
This ebook is a smart learn. "Clintonomics" research on Clinton fiscal coverage Philosophy is thorough and critical to our present fiscal scenario. nice learn.
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Additional resources for Clintonomics: How Bill Clinton Reengineered the Reagan Revolution
9 At another such event, Clinton capped his inspirational message with a not-too-subtle reminder about the economics of political campaigns. The Purpose of Politics 25 Now, this is what I thought public life was about, and this is what I think the presidency is about and this is what I think the Congress ought to be about, and what I think the American people really care about—how are we going to get together, how are we going to get things done, how are we going to lift up the human potential of the American people?
Perhaps it goes without saying that Marx underestimated the ability of markets to self-correct, a characteristic that allows all complex systems to adapt to changes in the environment the same way living organisms evolve. Nonetheless, Marx insisted that our economic systems, which satisfy our needs for material well-being, are inseparable from our political systems, which satisfy our needs for security and stability. John Maynard Keynes: Deﬁcit Spending John Maynard Keynes (1883–1946) was renowned as an economic philosopher and policy maker.
Political economy is analogous to the economy of motion, a concept borrowed from management that refers to the method in which human energy is conserved during the performance of a task. Applied to public policy, the objective is to produce the maximum positive outcome while optimizing allocation of scarce resources and minimizing waste. Our understanding of political economy has certainly come a long way since the days of John Locke, Jean-Jacques Rousseau, 34 Clintonomics and Adam Smith, though it is hardly a uniﬁed discipline.