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Author Médaille, John C.
Title Toward a truly free market : a distributist perspective on the role of government, taxes, health care, deficits, and more / John C. Médaille.
Publication Info. Wilmington, Del. : ISI Books, [2010]
Book Cover
Location Call No. Note Status
 Law Classified  HB523 .M43 2010    ---  AVAILABLE
Description vi, 282 pages : illustrations ; 24 cm.
Type of Content text txt
Type of Media unmediated n
Type of Carrier volume nc
Series Culture of enterprise series
Culture of enterprise series.
Bibliography Includes bibliographical references and index.
Summary For three decades free-market leaders have tried to reverse longstanding Keynesian economic policies, but have only produced larger government, greater debt, and more centralized economic power. So how can we achieve a truly free-market system, especially at this historical moment when capitalism seems to be in crisis? The answer, says John C. Medaille, is to stop pretending that economics is something on the order of the physical sciences; it must be a humane science, taking into account crucial social contexts. Toward a Truly Free Market argues that any attempt to divorce economic equilibrium from economic equity will lead to an unbalanced economy--one that falls either to ruin or to ruinous government attempts to redress the balance. Medaille makes a refreshingly clear case for the economic theory--and practice--known as distributism. Unlike many of his fellow distributists, who argue primarily from moral terms, Medaille enters the economic debate on purely economic terms. Toward a Truly Free Market shows exactly how to end the bailouts, reduce government budgets, reform the tax code, fix the health-care system, and much more.--Book jacket.
Contents What's in a name? -- If it ain't broke... -- Political economy as a science -- The purpose of an economy -- Equilibrium, or the tao of economics -- Justice and the political economy -- The fictitious commodities: money -- The fictitious commodities: labor -- The fictitious commodities; land -- Property as proper to man -- The just wage as the key to equilibrium -- Taxes and tax reform -- The proper role of government -- The cost of government -- Taxes, economic rent, externalities -- Distributism and industrial policy -- Distributism and the health care system -- The practice of distributism -- Building the ownership society.
Subject Distributive justice.
Economics -- Sociological aspects.
Economic policy -- Social aspects.
Capitalism -- Social aspects.
Free enterprise -- Social aspects.
ISBN 9781935191810 hardback
1935191810 hardback