Economic Challenges for President Trump: Economic Outcomes from Political Decisions - Couverture souple

MILLER, BILL R

Couverture souple

ISBN 10 : 1081845252 ISBN 13 : 9781081845254

Editeur : Independently published, 2019

Synopsis

Power in the hands of politicians is a formidable tool readily understood by writers of the U.S. Constitution. By separating the powers of government into legal, legislative and executive powers they sought to control powers held by a King, his Dukes and his Princes. While they succeeded in doing so, the effects of political decisions on economic outcomes were not a subject of the Constitution. However, economic outcomes of the political process remain as benefits and threats to the democratic and market freedoms sought by the Founding Fathers. Political answers will continue to be seen as the solution to problems of governance, but basic economics cannot be ignored. Most ignored are the possibilities for maximizing citizen welfare by improving the elements of price discovery in competitive markets. Preservation of democracy is important, but no more important than improvement in fairness of prices in the markets for goods and services and in the markets for the scarce land, labor, management and capital that produce those goods and services. Competitive prices are at the center of economic rationality, but at times they can be overlooked by political strains between humanitarian needs and economic outcomes.Maintaining a balance between economic reality and humanitarian need is a challenge; and the balancing act is far more difficult than many are willing to admit. Most unfortunate is the willingness to assign tags of liberal or conservative to governance solutions. Many political issues have rational economic solutions as opposed to dictates of a person’s belief about political opponents.

Détails de l'édition

• Éditeur: Independently published
• Date d'édition: 2019
• Langue: anglais
• ISBN 10: 1081845252
• ISBN 13: 9781081845254
• Reliure: Broché
• Nombre de pages: 35
• Coordonnées du fabricant: Printed by Amazon on behalf of the author; https://www.amazon.fr/hz/contact-us; ; c/o Amazon Media EU S.à.r.l., 38 Avenue John F. Kennedy; Luxembourg; L-1855; Luxembourg