Getting It Right: Markets and Choices in a Free Society

Abstract

Part 1 Economic growth: democracy and growth eastern Germany and the iron law of convergence new and old theories of economic growth a tale of two cities (growth in Hong Kong, and Singapore) the optimal size of a nation, or the attractions of secession Europe's road to serfdom - a perspective on European union default on sovereign debt democracy and growth in Pery. Part 2 Monetary and financial policy: Argentina and Mexico - Latin lessons in monetary policy monetary policy - a matter of commitment guilt and glory at the Bank of England the attractions of price stability. Part 3 Fiscal and other macroeconomic policies: economic report cards on U.S. presidents and U.K. prime ministers economic advisers and economic outcomes how important are budget deficits? indexed bonds a program for macroeconomic policy President Bush's last fiscal proposals infrastructure investment and other public spending inequality soaking the rich retroactivity and other capital levies. Part 4 The power of economic reasoning: the first annual contest for best monopoly in America this tax amnesty will work only once school choice privatization American style second-hand smoke how much is an endangered species worth? baseball economics term limits George Stigler and the Chicago school a Nobel Prize for Bob Lucas Oh! to be in England.