IDEAS home Printed from https://ideas.repec.org/p/nfi/nfipbs/2011-pb-03.html
   My bibliography  Save this paper

A New Deal for the 21st Century: Less Entitlement, More Accountability

Author

Listed:
  • R. Christopher Whalen

Abstract

This paper explores the evolution of American economic policy since the New Deal. It argues that an accumulation of statist institutions and policies since World War II have led to the latest financial crisis in the housing sector. The paper then makes proposals with respect to fiscal policy, the Federal Reserve (Fed) System and the role of the dollar as the primary means of exchange in global commerce. The paper suggests a change in structure of the U.S. tax system from income to sales, privatization of much of the Fed and a gradual end of the 'special' role for the dollar.

Suggested Citation

  • R. Christopher Whalen, 2011. "A New Deal for the 21st Century: Less Entitlement, More Accountability," NFI Policy Briefs 2011-PB-03, Indiana State University, Scott College of Business, Networks Financial Institute.
    • Handle: RePEc:nfi:nfipbs:2011-pb-03
    as

    Download full text from publisher

    File URL: http://www.indstate.edu/business/sites/business.indstate.edu/files/Docs/2011-PB-03_Whalen.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. R. Christopher Whalen, 2010. "I am Superman: The Federal Reserve Board and the Neverending Crisis," NFI Policy Briefs 2010-PB-03, Indiana State University, Scott College of Business, Networks Financial Institute.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      Corrections

      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nfi:nfipbs:2011-pb-03. See general information about how to correct material in RePEc.

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ray Thomas (email available below). General contact details of provider: https://edirc.repec.org/data/nfinsus.html .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.