Delusions of Power: New Explorations of the State, War, and Economy by Robert Higgs

Author:Robert Higgs [Higgs, Robert]
Language: eng
Format: epub
Publisher: Independent Publishers Group
Published: 0101-01-01T00:00:00+00:00

1. Paul K. Conkin, Big Daddy from the Pedernales: Lyndon Baines Johnson (Boston: Twayne, 1986), 209.

2. Herbert Stein, Presidential Economics: The Making of Economic Policy from Roosevelt to Reagan and Beyond (New York: Simon and Schuster, 1984), 84.

3. Conkin, Big Daddy from the Pedernales, 190.

4. Conkin, Big Daddy from the Pedernales, 238.

5. Stein, Presidential Economics, 98.

6. Henry J. Aaron, Politics and the Professors: The Great Society in Perspective (Washington, D.C.: Brookings Institution, 1978), 151.

7. John A. Andrew III, Lyndon Johnson and the Great Society (Chicago: Ivan R. Dee, 1998), 183–84.

8. “The Economy: We Are All Keynesians Now,” Time, December 31, 1965, at http://www.time.com/time/magazine/article/0,9171,842353,00.html.

9. Allen J. Matusow, The Unraveling of America: A History of Liberalism in the 1960s (New York: Harper and Row, 1984), 151.

10. Aaron, Politics and the Professors, 3; Matusow, The Unraveling of America, 151.

11. Conkin, Big Daddy from the Pedernales, 213.

12. U.S. Department of Commerce, Bureau of Economic Analysis, “National Income and Product Accounts,” table 3.2, at http://www.bea.gov/National/nipaweb/TableView.asp?SelectedTable=87&Freq=Qtr&FirstYear=2008&LastYear=2010, accessed June 1, 2011.

13. Michael D. Tanner, “More Proof We Can’t Stop Poverty by Making It More Comfortable,” Investor’s Business Daily, September 17, 2010, at http://www.investors.com/NewsAndAnalysis/Article/547746/

201009171932/More-Proof-We-Canand8217t-Stop-Poverty-By-Making-It-More-Comfortable-.aspx.

14. See, for instance, Justin Fox, “The Comeback Keynes,” Time, October 23, 2008, at http://www.time.com/time/magazine/article/0,9171,1853302,00.html; “The Keynes Comeback,” The Economist (October 1, 2009), at http://www.economist.com/node/14539560; Ben Quinn, “Raising Keynes: An Old Economist Finds New Rock-Star Status,” Christian Science Monitor, January 13, 2009, at http://www.csmonitor.com/Business/2009/0113/raising-keynes-an-old-economist-finds-new-rock-star-status; Louis Uchitelle, “Economists Warm to Government Spending but Debate Its Form,” New York Times, January 6, 2009, at http://www.nytimes.com/2009/01/07/business/economy/07spend.html.

15. “Bastard Keynesianism,” in An Encyclopedia of Macroeconomics, edited by Brian Snowden and Howard R. Vane (Northampton, Mass.: Edward Elgar, 2002), 51.

16. James M. Buchanan, “General Implications of Subjectivism in Economics,” in What Should Economists Do? (Indianapolis, Ind.: Liberty Fund, 1979), 83.

17. Buchanan, “General Implications of Subjectivism,” 90–91.

18. “The Economy.”

19. See sources cited in note 14. See also Robert Higgs, “Recession and Recovery: Six Fundamental Errors of the Current Orthodoxy,” The Independent Review 14, no. 3 (Winter 2010): 265–72.

20. “The Economy.”

21. Edmund S. Phelps, “Economic Policy and Unemployment in the 1960s,” in The Great Society: Lessons for the Future, edited by Eli Ginsberg and Robert M. Solow (New York: Basic Books, 1974), 38–39.

22. U.S. Department of Commerce, Bureau of Economic Analysis, “National Income and Product Accounts,” table 1.1.9, at http://www.bea.gov/National/nipaweb/TableView.asp?SelectedTable=13&Freq=Qtr&FirstYear=2008&LastYear=2010, accessed June 1, 2011.

23. U.S. Department of Commerce, Bureau of Economic Analysis, “National Income and Product Accounts,” table 1.1.6, at http://www.bea.gov/National/nipaweb/TableView.asp?SelectedTable=6&Freq=Qtr&FirstYear=2008&LastYear=2010, accessed June 1, 2011.

24. U.S. Department of Labor, Bureau of Labor Statistics, “Labor Force Statistics from the Current Population Survey,” at http://data.bls.gov/pdq/SurveyOutputServlet, accessed April 9, 2011.

25. Carmen DeNavas-Walt, Bernadette D. Proctor, and Jessica C. Smith, “Income, Poverty, and Health Insurance Coverage in the United States: 2008,” in U.S. Census Bureau, Current Population Reports: Consumer Income (Washington, D.C.: U.S. Census Bureau, September 2009), 44, table B-1, at http://www.census.gov/prod/2009pubs/p60-236.pdf.

26. Matusow, The Unraveling of America, 240.

27. Tanner, “More Proof.”

28. Matusow, The Unraveling of America, 220.

29. Conkin, Big Daddy from the Pedernales, 193.

30. Quoted in Andrew, Lyndon Johnson, 196.

31. See Tom Wolfe, Radical Chic and Mau-Mauing the Flak Catchers (New York: Bantam, [1970] 1999).

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