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The Moral Consequences of Economic Growth
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Freeman
- Article date:
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January 1, 2006
- Author:
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Copyright informationCopyright Foundation for Economic Education, Incorporated Jan/Feb 2006. Provided by ProQuest LLC. (Hide copyright information)
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The Moral Consequences of Economic Growth by Benjamin M. Friedman Alfred A. Knopf * 2005 * 570 pages * $35.00
Benjamin Friedman is a professor of political economy and a former chairman of the economics department at Harvard University. He is also an unswerving advocate of the interventionist welfare state. His recent book, The Moral Consequences of Economic Growth, is meant to demonstrate what is necessary to assure that the majority of the people will continue to support economic regulation and coerced redistribution.
Friedman's starting point is the idea that when people experience rising incomes and economic improvement, they tend to be both more generous and more benevolent toward ...