Concrete Economics: The Hamilton Approach to Economic Growth and Policy
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Follow us. In Concrete Economics , Cohen writes that in order to make America great again, our economic policy needs more government direction and regulation.
He along with his co-author, J. Bradford DeLong show how—starting with the brilliant, all-encompassing strategy of Alexander Hamilton—government plotted the route of the economy in deliberate, concrete and specific ways. Sign in to Purchase Instantly.
This book does not rehash the sturdy and long-accepted arguments that to thrive, entrepreneurial economies need a broad range of freedoms. Instead, Steve Cohen and Brad DeLong remedy our national amnesia about how our economy has actually grown and the role government has played in redesigning and reinvigorating it throughout our history.
The government not only sets the ground rules for entrepreneurial activity but directs the surges of energy that mark a vibrant economy.
This is as true for present-day Silicon Valley as it was for New England manufacturing at the dawn of the nineteenth century. Understanding how our economy has grown in the past provides a blueprint for how we might again redesign and reinvigorate it today, for such a redesign is sorely needed. About the Author Stephen S.
He has written and edited several books, most recently The End of Influence with J.
Concrete Economics: The Hamilton Approach to Economic Growth and Policy
He is also a research associate of the National Bureau of Economic Research. He writes a monthly syndicated op-ed column for Project Syndicate. DeLong is also a prolific blogger and commentator on national and international affairs.
Head to Head. With occasional drops in rates, high tariffs remained until World War II. James K. Concrete Economics takes readers on a historical tour of those two centuries, showing how government policies were instrumental to the growth of the United States and its becoming a world superpower — and how the policies of the last three decades, pursuing ideology instead of concrete goals, are leading to its decline on the world stage. You must be logged in to post a review. Instead, Cohen and DeLong focus on the forgotten role played by the US government in initiating and enabling a redesign of the US economy. Published by Harvard Business Review Press
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