This is essential reading on the political dangers facing us today and the risk of excess centralization. Arnold Kling is one of my favorite commentators. (Tyler Cowen, Professor of Economics at George Mason University and contributor to the blog The Marginal Revolution)
If it seems to you as if politicians and government officials are getting dumber, Arnold Kling has the explanation: As their power grows, they know less of what they need to know to exercise it wisely. Kling offers a remedy that is likely to arouse interest in the electorate, and apprehension in officialdom. (Glenn Reynolds, Beauchamp Brogan Distinguished Professor of Law at University of Tennessee and author of the blog instapundit)Unchecked and Unbalanced
is an interesting book….The questions Kling asks are not always the ones I would have asked, but they are thought provoking nonetheless. (Independent Review: A Journal of Political Economy, Spring 2011
About the Author
was an economist on the staff of the Board of Governors of the Federal Reserve System from 1980-1986 and served as a senior economist at Freddie Mac from 1986-1994.