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Aftermath: The Unintended Consequences of Public Policies Hardcover – September 7, 2014


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Editorial Reviews

About the Author

Thomas E. Hall is a Professor of Economics at Miami University in Oxford, Ohio where he teaches classes on macroeconomics, business cycles, and the Great Depression. He received his BA from the University of Colorado, and his MA and PhD degrees from the University of California – Santa Barbara. He has written several articles in applied macroeconomics, and authored Business Cycles: The Nature and Causes of Economic Fluctuations; The Great Depression: An International Disaster of Perverse Economic Policies (with J.D. Ferguson); The Rotten Fruits of Economic Controls and the Rise From the Ashes, 1965-1989.
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Product Details

  • Hardcover: 114 pages
  • Publisher: Cato Institute (September 7, 2014)
  • Language: English
  • ISBN-10: 1939709385
  • ISBN-13: 978-1939709387
  • Product Dimensions: 6.4 x 0.6 x 9.2 inches
  • Shipping Weight: 1.4 ounces (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (7 customer reviews)
  • Amazon Best Sellers Rank: #986,166 in Books (See Top 100 in Books)

More About the Author

Thomas E. Hall was born in Detroit, Michigan and grew up in the suburb of Royal Oak. He attended the University of Colorado as an undergraduate, and was a graduate student at the University of California - Santa Barbara where he received his MA and PhD in Economics. He has been an economics professor at Miami University in Oxford, Ohio since 1982 and teaches classes on macroeconomics, business cycles, and the Great Depression. He has written several articles in applied macroeconomics, and authored Business Cycles: The Nature and Causes of Economic Fluctuations (Praeger, 1990); The Great Depression: An International Disaster of Perverse Economic Policies (University of Michigan Press, 1998, with J.D. Ferguson); The Rotten Fruits of Economic Controls and the Rise From the Ashes, 1965-1989 (University Press of America, 2003); Aftermath: The Unintended Consequences of Public Policies (Cato Institute, forthcoming 2014). In addition, he has written two novels, The Quadrangle (2003) and Tapper Jones (2013). He lives in Wyoming, Ohio with his wife Chris. They have one adult son.

Customer Reviews

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Most Helpful Customer Reviews

2 of 2 people found the following review helpful By jbdmd on February 15, 2015
Format: Hardcover Verified Purchase
Excellent review of unintended consequences using examples of laws that reached (and reach) far beyond the authors' intentions. Hall's choices of the income tax, minimum wage, cigarette taxes and prohibition are all succinct and yet very well referenced. The first three also underscore how underlying philosophy can override facts and intelligence while providing demagogic fodder for political canons. Buy several and give them to your friends concerned with "fairness", "social justice", a "living wage" and "the public good". Of course, one must wonder, with several of today's policy issues: Are the negative consequences truly unintended. After all....."Never let a crisis go to waste". Hopefully the rate of obesity will not go up once the chocolate ration is increased.
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4 of 5 people found the following review helpful By paul daniels on November 6, 2014
Format: Hardcover Verified Purchase
Execellent for seeing how things really are and turn out! I am sharing it with my daughter. Paul Daniels
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Format: Kindle Edition Verified Purchase
Thomas Hall does excellent work in exposing the damaging results of ill-conceived policies regarding the income tax, minimum wage, cigarette tax, and alcohol prohibition. He describes how policies that began in regulating certain groups or products afterwards expanded over a long period of time to unpredictably (or predictably to those familiar with sound economics) to affect other areas of society. The book shows that policymakers cannot and do not have the necessary knowledge to control society's vices or promote economic progress, and the best thing that lawmakers can do is leave people alone to live their lives as they best can. Neither society nor the free market are perfect, but spending millions of dollars to put millions of people in prison for vices is disastrous public policy. Indeed, not very friendly to the public.
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By ensignp on March 22, 2015
Format: Kindle Edition Verified Purchase
The road to Hell is paved with good intentions. Here are examples of monkeying with people's lives because our legislators believe they know best how to run everyone's life.
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