Perilous Progress

Discover the intricate relationship between economics and government in Perilous Progress by Michael A. Bernstein. Published by Princeton University Press in 2004, this engaging paperback spans 376 pages and delves into the evolution of economic thought in the United States during the 20th century. Bernstein meticulously examines how a community of economists, often characterized by an uncritical celebration of "free market" principles, was profoundly influenced by government and collective actions. Through insightful analysis, this book reveals the challenges faced by economists as they sought to influence a state apparatus where values, goals, and methods were intricately intertwined. Ideal for readers interested in American history, economic history, and the dynamics of business and finance, Perilous Progress offers a compelling narrative that sheds light on the complexities of economic policymaking. Enhance your understanding of these pivotal themes by adding this thought-provoking work to your collection.