ABSTRACT

This highly anticipated addition to the "Great Questions in Politics" series offers a provocative argument about the persistence of bad ideas in shaping American economic policy. The result of a collaboration between political scientist Bryan D. Jones and economist Walter Williams, The Politics of Bad Ideas is indispensable reading for any study of American government, public policy, or economic and budgetary analysis. The Politics of Bad Ideas examines why, over the last quarter century, bad economic ideas -- such as cutting taxes without cutting spending -- have become so influential in shaping government policies.  Using in-depth research and trenchant political and economic analysis, the book explores why those bad ideas continue to survive despite overwhelming evidence that they in fact cause damage to the federal government's long-term fiscal stability and the American economy.

chapter Chapter 1|28 pages

The Politics of Bad Ideas

chapter Chapter 2|21 pages

The Tax Cut Theories

chapter Chapter 3|36 pages

Evaluating the Claims

chapter Chapter 4|37 pages

Budgetary Politics and the Spending Mind-Set

chapter Chapter 5|18 pages

Institutions, Rules, and Politics

chapter Chapter 6|20 pages

Big Government Republicanism Costs Money

chapter Chapter 7|33 pages

Politics, Economics, and Tax Theories

chapter Chapter 8|38 pages

The Impacts of Recent Fiscal Policies on America

chapter Chapter 10|34 pages

The Role of Institutions

chapter Chapter 11|34 pages

Why Do Bad Ideas Persist?

chapter Chapter 12|35 pages

Escaping the Dead Weight of Bad Ideas