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Hard Heads, Soft Hearts: Tough-minded Economics For A Just Society Paperback – January 22, 1988


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Product Details

  • Paperback: 256 pages
  • Publisher: Basic Books; Reprint edition (January 22, 1988)
  • Language: English
  • ISBN-10: 0201145197
  • ISBN-13: 978-0201145199
  • Product Dimensions: 6 x 0.6 x 9 inches
  • Shipping Weight: 13.6 ounces (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (8 customer reviews)
  • Amazon Best Sellers Rank: #537,111 in Books (See Top 100 in Books)

Editorial Reviews

From Publishers Weekly

Princeton economist and Business Week columnist Blinder passes a farewell judgment on Reagan-era economics and offers other ideas. Among them: inflation is not all bad and unemployment may not be as "acceptable" as once thought. Economics under the current administration has been a "comic opera," claims the author, with Keynesian fine-tuning, be-all monetarism, "rational expectations" as a policy determinant, and supply-side "quackery" all backing and filling between academe and the White House. Blinder opposes trade protectionism, demonstrates how hard-headed yet soft-hearted 1986 tax reform came about and favors complex economics over elementary science by advocating cumulative and putatively irreversible industrial air and water pollution-for-a-fee.
Copyright 1987 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.

From Library Journal

This sweeping and inspired treatise asks: How can our economic policies be efficient and yet shelter those members of society with the least lev-erage and resources? Blinder, a Princeton economist, says that economists are in agreement on what needs to be done in many policy areas. But economic policy is made by politicians, who "choose solutions they perceive to be politically correct." Blinder artfully lays out the conflict between economic goals and political desires and discusses protectionism, tax policy, unemployment, and environmental cleanup. A thoughtful, pragmatic, objective look at economic tradeoffs. Highly recommended for all business and economics collections. Gene R. Laczniak, Marquette Univ., Milwaukee
Copyright 1987 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.

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Customer Reviews

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Most Helpful Customer Reviews

16 of 17 people found the following review helpful By Arnold Kling on March 13, 1998
Format: Paperback
If I were to teach an introductory economics course, this would be my first choice for a supplemental reading. Blinder does a terrific job of explaining the unique perspective that economists have on economic policy. I recommend this book frequently in conversations with people.
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11 of 11 people found the following review helpful By A Customer on May 20, 2000
Format: Paperback
Blinder renders a balanced analysis of governmental policy, criticizing Democrats and Republicans equally. I might even go as far as to say that he is objective. However, his policy prescriptions are very left-leaning. The reader will see clearly that Blinder makes many normative assumptions about the goal of policy and that those assumptions dictate unambiguously the liberal ends to which our resources and tax dollars should be directed. He gives a great explanation of how the deficit grew out of the Reagan administration's blunders, and I may even recommend this book for that alone. Overall, it is a good econ book for the initiated readers and everybody else, as it doesn't treat you like a dupe. Definitely preferable to The Armchair Economist, but you should balance your diet with a reading of Capitalism and Freedom. LEWIS GAINOR MIZZOU ECON
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3 of 3 people found the following review helpful By R. Harris on July 28, 2010
Format: Paperback Verified Purchase
Although it is out of print, it's well worth searching for a used copy, Although it is pretty dated in its discussion of tax reform, the rest of the book is a great introduction to economists' views on public policy for those who really don't want to read a lot of economic theory. The chapters on the environment and international trade are particularly good.
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2 of 2 people found the following review helpful By Jamie J. Rodriguez(jjr2@acpub.duke.edu) on July 22, 1998
Format: Paperback
Blinder will have you sitting beside yourself as he challenges the public's vastly preconceived notions of the economic world. One chapter in particular draws my attention, "Who Will Protect Us From Protectionism." Although there are minor flaws in his analysis, due to recent revelations in economic free trade policy, Blinder exercises a practicality that wonderfully illustrates the need to revamp our protectionist policy. This book is a must read if you are still mislead by the notion that protectionism levels the playing field and increases American welfare.
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