This book provides a historical background of the American business cycle, challenges the validity of conventional Keynesian ideology, and presents a bold, alternative theory of how production leads to wealth in our modern economy.
The United States is mired in the aftermath of booming economic prosperity, resembling the trouble recently experienced by the Japanese economy due partially to similar Keynesian bailouts and subsidies. Now more than two years into the current financial crisis, Americans are starting to wonder if we can ever escape the consequences of past mistakes. If our "recovery" plan continues along the previous paths that generated economic bubbles and unemployment, then we are destined for failure.
Destined for Failure: American Prosperity in the Age of Bailouts provides a conceptual framework previously available only to those with formal university training. It explains the effects of government regulation, political interference in the housing and job markets, misallocation of resources in health and education, moral hazard, environmental constraints, and excessive taxation. The authors provide insight into their view of Keynesian economics as an outdated, detrimental ideology, and take the Bush and Obama administrations to task for budget deficits and cronyistic subsidies and bailouts.
 • The senior author is a distinguished economist who supplemented his in-depth knowledge with contributions from two of his brightest undergraduate students
• Seven graphical representations and three data tables highlight key information
• Index provides the reader with easy access to specific topics throughout the text 
• More than 20 case studies apply the general theory of the book to real-world examples, each concluding with specific policy proposals

Destined for Failure: American Prosperity in the Age of Bailouts

Business & Money

Sánchez, Nicolás

Sanzari, Francis

Jr., Christopher F. Kopp

Economics

Praeger

This book argues that politics must align with the promotion of self-actualization. Combining private property rights with an ethics of responsibility and drawing from the ideas of Immanuel Kant, the book opens the doors to a nonpartisan analysis of income inequality, inheritance, race relations, abortion and governance.

Aligning Values and Politics: Empowerment Versus Entitlement

Politics & Social Sciences

Gendre, Michael

Philosophy

University Press of America

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Books by Sánchez, Nicolás