Supporting the Rich

Craig Freedman; David Makofsky

doi:10.2307/41164930

Supporting the Rich

Craig Freedman^*, David Makofsky

^*Corresponding author for this work

Department of Economics

Research output: Contribution to journal › Article › peer-review

Abstract

The current political controversy over the role of government in economic affairs has missed one very important issue. At the root of much of the furor is a marked inability or unwillingness to define exactly what government's role has been. Taking an historical perspective, the authors evaluate and establish criteria for government bailouts of private industry, a policy that is consistent with the relationship that has been developing between the two sectors since the Industrial Revolution.

Original language	English
Pages (from-to)	49-54
Number of pages	6
Journal	California Management Review
Volume	23
Issue number	4
DOIs	https://doi.org/10.2307/41164930
Publication status	Published - 1981

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abstract = "The current political controversy over the role of government in economic affairs has missed one very important issue. At the root of much of the furor is a marked inability or unwillingness to define exactly what government's role has been. Taking an historical perspective, the authors evaluate and establish criteria for government bailouts of private industry, a policy that is consistent with the relationship that has been developing between the two sectors since the Industrial Revolution.",

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Supporting the Rich

Abstract

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