000			04324cam a2200409 i 4500
001			ocn823170549
003			OCoLC
005			20240726105321.0
008			130102s2012 maua ob 001 0 eng d
010			_a2012010526
040			_aNT _beng _epn _erda _cNT _dYDXCP _dEMU _dE7B _dJSTOR _dOCLCF _dCOO _dOCLCO _dCN8ML _dVMC _dEBLCP _dOCLCQ _dDEBSZ _dUIU _dOCLCQ _dAZK _dLOA _dAGLDB _dTVG _dOCLCQ _dMOR _dPIFPO _dNRC _dMERUC _dOCLCQ _dIOG _dZCU _dU3W _dBUF _dEZ9 _dSTF _dVNS _dWRM _dOCLCQ _dVTS _dNRAMU _dICG _dINT _dREC _dBRX _dVT2 _dAU@ _dOCLCQ _dWYU _dTKN _dDKC _dYDX _dOCLCQ _dM8D _dOCLCQ _dHS0 _dUKCRE _dVLY _dAJS _dQGK _dOCLCQ _dOCLCO _dVLB
020			_a9780674067813 _q((electronic)l(electronic)ctronic)
020			_a9780674071544
043			_an-us---
050	0	4	_aHC103 _b.L363 2012
049			_aMAIN
100	1		_aPrasad, Monica. _e1
245	1	0	_aThe land of too much : _bAmerican abundance and the paradox of poverty / _cMonica Prasad.
260			_aCambridge, MA : _bHarvard University Press, _c(c)2012.
300			_a1 online resource (xiv, 327 pages) : _billustrations
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_adata file _2rda
504			_a2
505	0	0	_aExplaining American state intervention -- _tThe farmers' tour -- _tComparing capitalisms -- _tA demand-side theory of comparative political economy -- _tThe agrarian regulation of taxation -- _tThe non-history of national sales tax -- _tThe land of too much -- _tProgressive taxation and the welfare state -- _tThe agrarian regulation of finance -- _tAmerican adversarial regulation -- _tThe democratization of credit -- _tThe credit/welfare state trade-off -- _tAmerican mortgage Keynesianism : summary and policy implications.
520	0		_aMonica Prasad's powerful demand-side hypothesis addresses three questions: Why does the United States have more poverty than any other developed country? Why did it experience an attack on state intervention in the 1980s, known today as the neoliberal revolution? And why did it recently suffer the greatest economic meltdown in seventy-five years?
520	0		_aThe Land of Too Much presents a simple but powerful hypothesis that addresses three questions: Why does the United States have more poverty than any other developed country? Why did it experience an attack on state intervention starting in the 1980s, known today as the neoliberal revolution? And why did it recently suffer the greatest economic meltdown in seventy-five years? Although the United States is often considered a liberal, laissez-faire state, Monica Prasad marshals convincing evidence to the contrary. Indeed, she argues that a strong tradition of government intervention undermined the development of a European-style welfare state. The demand-side theory of comparative political economy she develops here explains how and why this happened. Her argument begins in the late nineteenth century, when America's explosive economic growth overwhelmed world markets, causing price declines everywhere. While European countries adopted protectionist policies in response, in the United States lower prices spurred an agrarian movement that rearranged the political landscape. The federal government instituted progressive taxation and a series of strict financial regulations that ironically resulted in more freely available credit. As European countries developed growth models focused on investment and exports, the United States developed a growth model based on consumption. These large-scale interventions led to economic growth that met citizen needs through private credit rather than through social welfare policies. Among the outcomes have been higher poverty, a backlash against taxation and regulation, and a housing bubble fueled by "mortgage Keynesianism." This book will launch a thousand debates
530			_a2 _ub
650		0	_aFiscal policy _zUnited States.
653			_aMulti-User.
655		1	_aElectronic Books.
856	4	0	_uhttps://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=508416&site=eds-live&custid=s3260518 _zClick to access digital title | log in using your CIU ID number and my.ciu.edu password
942			_cOB _D _eEB _hHC _m(c)2012 _QOL _R _x _8NFIC _2LOC
994			_a92 _bNT
999			_c96284 _d96284
902			_a1 _bCynthia Snell _c1 _dCynthia Snell