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Free Markets under Siege: Cartels, Politics, and Social Welfare (Hoover Classics) | 
| Author: Richard A. Epstein Creators: Geoffrey, Sir Owen, Geoffrey Wood Publisher: Hoover Institution Press Category: Book
List Price: $14.95 Buy New: $3.95 You Save: $11.00 (74%)
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Avg. Customer Rating: 2 reviews Sales Rank: 1611798
Media: Hardcover Edition: 1 Number Of Items: 1 Pages: 99 Shipping Weight (lbs): 0.4 Dimensions (in): 7.3 x 4.7 x 0.6
ISBN: 081794611X Dewey Decimal Number: 330.122 EAN: 9780817946111 ASIN: 081794611X
Publication Date: March 2008 Availability: Usually ships in 1-2 business days Condition: BRAND NEW HARDBACK BOOK AND DUST COVER IN EXCELLENT CONDITION, PROMPT NEXT DAY SHIPPING IN PADDED ENVELOPES, NOT A REMAINDER
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Book Description One of the greatest challenges faced by liberal democracies is how to best regulate the interface between market choice and government behavior. In Free Markets under Siege, Richard Epstein draws on his extensive knowledge of history, law, and economics to examine this critical issue and in the process explains how to find an effective middle way between socialism and libertarianism.With clarity, force, and wit, Epstein provides an illuminating analysis of some of the ways that special interest groups, with the help of sympathetic politicians, have been able to manipulate free markets in their favor. Focusing on two areas where government intervention has been persistent in both the United State and Western Europeagriculture and the labor markethe makes a strong case for free trade as a way to mitigate, and perhaps eliminate altogether, the harmful effects of protecting various groups through domestic policies. Richard Epstein is the James Parker Hall Distinguished Service Professor at the University of Chicago and the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution. He currently serves as interim dean of the Law School at the University of Chicago.
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| Customer Reviews:
Richard Epstein is always worth considering February 9, 2006 3 out of 4 found this review helpful
Prof. Epstein is indeed a conservative - in fact, he may be a libertarian, although I am not sure. He is also one of the most careful and thoughtful legal scholars currently living. He is always worth reading and considering. It is all the more important because there are few legal scholars who write from his point of view. We are risking weakening our own legal reasoning if we do not take his arguments into account, even if we reject them.
There He Goes Again.... May 2, 2005 2 out of 38 found this review helpful
This is utter trash. Epstein lives on a remote cloud; and from there he pontificates on matters he simply does not understand. This drivel seems harmless, but conservative policy-makers (who else?) are more than occasionally taken in by him with disastrous results in places such as NAFTA and local governments in Oregon. Since Stiglitz et al have shown (Nobel Prize, 2001) that neither the "free enterprise system" nor the "invisible hand" really exist, Epstein can tell us about as much about economics as religious zealots can teach us about evolution.
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