B. Snowdon
Three Cheers for the ‘Progressive State': Ben Friedman on the Moral Consequences of Economic Growth
Snowdon, B.
Authors
Abstract
Ben Friedman is widely recognised as one of the world’s leading macroeconomists. His research and publications have focused on monetary and fiscal policy, and the key role that financial markets play in influencing how macroeconomic policies impact on aggregate economic activity. Professor Friedman’s recent book, The Moral Consequences of Economic Growth, has received considerable critical acclaim. Friedman argues that America is at an ‘economic crossroads’ and in this election year in the US, the important issues he highlights are especially poignant. Before discussing with Professor Friedman subjects addressed in this influential volume and his critical views on monetary policy strategies based on inflation targeting, Brian Snowdon examines several issues relating to economic growth and to the issue of rising inequality in the United States. Among questions explored in the interview that follows are ones relating to happiness and the ‘Easterlin paradox’; democracy and economic growth; culture, religion and economics; growth and the environment; growth, poverty, and inequality; market failure, public policy, and growth; and inflation targeting and the ‘dual mandate’.
Citation
Snowdon, B. (2008). Three Cheers for the ‘Progressive State': Ben Friedman on the Moral Consequences of Economic Growth. World economics (Henley-on-Thames. Online), 9(1), 97-146
Journal Article Type | Article |
---|---|
Publication Date | Jan 1, 2008 |
Deposit Date | May 22, 2009 |
Journal | World Economics |
Print ISSN | 1468-1838 |
Electronic ISSN | 1474-3884 |
Publisher | Economic and Financial Publishing |
Peer Reviewed | Peer Reviewed |
Volume | 9 |
Issue | 1 |
Pages | 97-146 |
Public URL | https://durham-repository.worktribe.com/output/1531002 |
Publisher URL | http://www.world-economics-journal.com/Contents/ArticleOverview.aspx?ID=325 |
You might also like
The Role of Human Capital in Economic Development
(2015)
Book Chapter
The Solow Model, Poverty Traps, and the Foreign Aid Debate
(2009)
Journal Article
Downloadable Citations
About Durham Research Online (DRO)
Administrator e-mail: dro.admin@durham.ac.uk
This application uses the following open-source libraries:
SheetJS Community Edition
Apache License Version 2.0 (http://www.apache.org/licenses/)
PDF.js
Apache License Version 2.0 (http://www.apache.org/licenses/)
Font Awesome
SIL OFL 1.1 (http://scripts.sil.org/OFL)
MIT License (http://opensource.org/licenses/mit-license.html)
CC BY 3.0 ( http://creativecommons.org/licenses/by/3.0/)
Powered by Worktribe © 2024
Advanced Search