Wednesday, November 11, 2009

Economic Contractions in the United States: A Failure of Government on 11/18 at 7:30pm in Innovation 103

Dr. Charles Rowley will be discussing his newest book, "Economic Contractions in the United States: A Failure of Government," followed by a short Q&A with appetizers and beverages after the lecture.

***Economic Contractions in the United States: A Failure of Government will be on sale for discounted price of $8 at the event.***

Economic Contractions in the United States demonstrates that both the Great Depression and the current economic crisis/contraction were caused by failures of government, not capitalism. The book explains the causes of the 2008 financial crisis and offers a radical free-market approach to policy reform “designed to restore the United States economy to its stellar performance during the final fifteen years of the 20th century.”

Wednesday, November 18th at 7:30pm
in Innovation 103

Come out & get your copy of the book!

About the author:
Charles Rowley was born in Southampton England in 1939. He was educated at the University of Nottingham where he obtained a First Class Honours Degree in Economics in 1960 and a Ph. D. in Economics in 1964. He taught at the Universities of Nottingham, Kent, York and Newcastle upon Tyne and held summer fellowships in the Center for Socio-Legal Studies at Wolfson College, Oxford before migrating to the United States in January 1984 to join the Center for Study of Public Choice at George Mason University.

Dr. Rowley has written and edited some 40 books and some 200 scholarly papers in the fields of industrial organization, public choice, welfare economics, international trade and law-and-economics. His work consistently emphasizes the importance of private property rights, limited government and the rule of law as the basis for a free and prosperous society. Among his recent books are The Right to Justice (1992), Property Rights and the Limits of Democracy (edited 1993), Trade Protection in the United States (with Willem Thorbecke and Richard Wagner) (1995), The Political Economy of the Minimal State ( edited 1996) and Classical Liberalism and Civil Society (edited1997). He also edited Public Choice Theory (three volumes 1993), Social Choice Theory (three volumes 1993), The Economics of Budget Deficits (two volumes, with William F. Shughart, II and Robert D. Tollison, 2002), The Encyclopedia of Public Choice (two volumes, with Friedrich Schneider, 2004), and The Origins of Law and Economics: Essays by the Founding Fathers (with Francesco Parisi, 2005). He has recently edited, with introductions, in ten volumes, The Selected Works of Gordon Tullock (2004-6). His most recent book (co-authored with Nathanael Smith) is Economic Contractions in the United States: A Failure of Government (September 2009).

Dr. Rowley was a Founding Editor, 1980-1986, of The International Review of Law and Economics and served as Joint Editor of Public Choice between 1990 and 2007 He is Duncan Black Professor of Economics at George Mason University, General Director of the Program in Economics, Politics and the Law in the James Buchanan Center for Political Economy, and General Director of The Locke Institute, an independent non-profit educational foundation located in Fairfax, Virginia and dedicated to the advancement of classical liberal political economy.


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Anonymous said...

GMU Econ Society said...

Anonymous, unfortunately the New Deal by attempting to "equalize" destroyed the economy and prolonged the Great Depression. Policies such as the minimum wage and forced unions exacerbated the situation. In just the first year of the minimum wage, 500,000 black workers lost their jobs. Here are a number of studies that explain the Great Depression, you should definitely check them out:

This one, in particular, discusses the most popular myths of the Great Depression people hold today. It's a very informative, important, and easy-to-read piece.
"The Great Myths of the Great Depression"