This book looks at the longer term challenges that the US economy faces. The title America’s Exceptional Economic Problem is intended to denote the gravity and awkwardness of the challenges that the US economy faces. These are: a historically large public sector, extensive unfunded public sector liabilities and an aging population. Many people still perceive the US economy as being significantly different from other advanced economies. Instead it is much more similar to an average OECD economy than many people think and shares many of their structural challenges, while lacking many of the accepted policy responses.The book gives careful attention to the history and the institutions that shape modern America, not least the legacy of the Great Depression as well as the consequences of slavery and segregation

America's Exceptional Economic Problem

Politics & Social Sciences

Lightfoot, Warwick

Social Sciences

Searching Finance Ltd

Margaret Thatcher brought what can only be called a destructive excitement to politics.   Arguments and institutions that plainly needed to be challenged and dismembered are likely in normal circumstances to be left alone, on the 'let sleeping dogs lie' principle. Under Mrs Thatcher they did get challenged and taken apart. Margaret Thatcher had a tendency to make things happen.   This monograph is neither a history of her government nor the story of her life.   It will try and capture the vivid character of Margaret Thatcher's political personality, because it is necessary to appreciate it, in order to understand much of the controversy surrounding her and because it is part of the explanation of her extraordinary capacity to transform debates that had been previously settled for many years. Many years after she was ejected from power, Margaret Thatcher is the benchmark that people use to assess contemporary politics, changes in policy, the progress of the economy, and the evolution of British society as a whole.  Warwick Lightfoot is a professional economist with specialist interests in monetary policy, public expenditure, taxation and labour markets.   Formerly the economics editor of The European, he was for many years a frequent contributor to the Wall Street Journal and has written for the Financial Times, The Times, Sunday Times, the Daily Telegraph, Sunday Telegraph, and the Guardian. His articles on economics and public policy have also been published in specialist journals that range from Financial World, International Economy, and Investors Chronicle to the Times Literary Supplement and the Journal of Insolvency Practitioners.   Warwick worked in government as Special Adviser to the Chancellor of the Exchequer from 1989-92, initially appointed by Nigel Lawson and later reappointed by John Major and Norman Lamont. He was also Special Adviser to the Secretary of State for Employment, the  Rt Hon Norman Fowler MP. He is a Councillor for the Royal Borough of Kensington and Chelsea.

Margaret Thatcher: The Economics of Creative Destruction

Biographies & Memoirs

Leaders & Notable People

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