A Little More Liberty: What the _JEL_ Omits in Its Account of What the Economic Report of the President Omits
AbstractThe classical liberal character of economics emerged in the eighteenth century, notably with Adam Smithâ€™s view that politics is prone to an under-appreciation the relative virtues of natural liberty. Smith centered political economy on the presumption of liberty. The Journal of Economic Literature published a review of The Economic Report of the President. Five authors writing separately raised numerous omissions in The Economic Report of the President. The authors do not suggest as worthy reform a single ERP-omitted potential liberalization. The review shows little trace of the Smithian character.
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Bibliographic InfoArticle provided by Econ Journal Watch in its journal Econ Journal Watch.
Volume (Year): 3 (2006)
Issue (Month): 3 (September)
Economic Report of the President; Journal of Economic Literature; public policy; omission; status quo; presumption of liberty;
Find related papers by JEL classification:
- A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
- H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
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