Reviving America’s Mixed Economy: Lessons from U.S. and China
In American Amnesia: How the War on Government Led Us to Forget What Made America Prosper (2016), Jacob Hacker and Paul Pierson argue that beginning in the late 1970s, the United States experienced a powerful ideological shift. Conservative movements and corporate interests championed “market fundamentalism”—the belief that government intervention inevitably stifles growth and freedom. This … Read more