Business & Economics Books:

Economic Freedom and Prosperity

The Origins and Maintenance of Liberalization

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Economic Freedom and Prosperity
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Description

Economic theory and a growing body of empirical research support the idea that economic freedom is an important ingredient to long run economic prosperity. However, the determinants of economic freedom are much less understood than the benefits freedom provides. Economic Freedom and Prosperity addresses this major gap in our knowledge. If private property and economic freedom are essential for achieving and maintaining a high standard of living, it is crucial to understand how improvements in these areas have been achieved, and if there are lessons that can be replicated in less free areas of the world today. In this edited collection, contributors investigate this research question through multiple methodologies. Beginning with three chapters which theoretically explore ways in which economic freedom might be better achieved, it then moves on to a series of empirical chapters which examine questions including the speed and permanence of reform, the deep long run determinants of economic freedom, the relationship between voice and exit in impacting freedom, the role of crises in generating change, and immigration. Finally, the book considers the evolution of freedom in China, development economics, international trade, and concludes with a consideration of what is necessary to promote a humane liberalism consistent with economic freedom. Economic Freedom and Prosperity will be of great interest to all social scientists concerned with issues of institutional change. It will particularly appeal to those concerned with economic development and the determinants of an environment of economic freedom.

Author Biography

Benjamin Powell is the director of the free market institute and professor of economics at the Rawls College of Business Administration at Texas Tech University, USA. He has authored or edited five other books and more than 50 scholarly journal articles and his research findings have been reported widely in the popular press and he has been a regular commentator on national television.
Release date Australia
October 31st, 2018
Contributor
Edited by Benjamin Powell
Country of Publication
United Kingdom
Illustrations
11 Line drawings, black and white; 41 Tables, black and white; 11 Illustrations, black and white
Imprint
Routledge
Pages
296
ISBN-13
9781138335394
Product ID
28248293

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