Wagner's Legacy in America : Re-opening Farnam's Inquiry
(1999) In Journal of the History of Economic Thought 21(3). p.289-310- Abstract
- The continual interaction between economic change and economic policies designed to manage or guide this change seldom finds such dramatic expression as when one type of economy replaces another, e. g., when the industrial economy replaces the agrarian or is in turn supplanted by the “post-industrial” economy.
Thus, when the American economy was in the thick of its industrial revolution during the decades around the turn of this century, it was subjected to a series of government interventions the lowest common denominator of which has been summarized in the title of a book by Morton Keller, Regulating a New Economy (1996). In the United States as in all other countries, these interventions consisted of a glorious jumble of... (More) - The continual interaction between economic change and economic policies designed to manage or guide this change seldom finds such dramatic expression as when one type of economy replaces another, e. g., when the industrial economy replaces the agrarian or is in turn supplanted by the “post-industrial” economy.
Thus, when the American economy was in the thick of its industrial revolution during the decades around the turn of this century, it was subjected to a series of government interventions the lowest common denominator of which has been summarized in the title of a book by Morton Keller, Regulating a New Economy (1996). In the United States as in all other countries, these interventions consisted of a glorious jumble of attempts to solve problems as they arose, of “bespoke jobs” in response to diverse economic interests, and of sundry ideologically-motivated efforts to move events in particular directions. (Less)
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- author
- Carlson, Benny LU
- organization
- publishing date
- 1999
- type
- Contribution to journal
- publication status
- published
- subject
- in
- Journal of the History of Economic Thought
- volume
- 21
- issue
- 3
- pages
- 289 - 310
- publisher
- Cambridge University Press
- ISSN
- 1053-8372
- DOI
- 10.1017/S1053837200004272
- language
- English
- LU publication?
- yes
- id
- ef594f60-f307-4c94-8124-6270437884bf
- date added to LUP
- 2016-04-16 20:31:52
- date last changed
- 2018-11-21 21:22:57
@article{ef594f60-f307-4c94-8124-6270437884bf,
abstract = {{The continual interaction between economic change and economic policies designed to manage or guide this change seldom finds such dramatic expression as when one type of economy replaces another, e. g., when the industrial economy replaces the agrarian or is in turn supplanted by the “post-industrial” economy.<br/><br/>Thus, when the American economy was in the thick of its industrial revolution during the decades around the turn of this century, it was subjected to a series of government interventions the lowest common denominator of which has been summarized in the title of a book by Morton Keller, Regulating a New Economy (1996). In the United States as in all other countries, these interventions consisted of a glorious jumble of attempts to solve problems as they arose, of “bespoke jobs” in response to diverse economic interests, and of sundry ideologically-motivated efforts to move events in particular directions.}},
author = {{Carlson, Benny}},
issn = {{1053-8372}},
language = {{eng}},
number = {{3}},
pages = {{289--310}},
publisher = {{Cambridge University Press}},
series = {{Journal of the History of Economic Thought}},
title = {{Wagner's Legacy in America : Re-opening Farnam's Inquiry}},
url = {{http://dx.doi.org/10.1017/S1053837200004272}},
doi = {{10.1017/S1053837200004272}},
volume = {{21}},
year = {{1999}},
}