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基本説明
Uncovers opaque financial reporting practices to the U.S. government, and examines the economic reality of some of the most popular yet financially draining subsidies.
Full Description
What happens when politicians substitute their wisdom for the market's? The result is usually a government subsidy that provides advantage to a special interest group only-but costs everyone and drains the economy. In Unwarranted Intrusions, well-known financial commentator Martin Fridson turns his sharp eye for uncovering opaque financial reporting practices to the U.S. government and examines the economic reality of some of the most popular yet financially draining subsidies. Fridson debunks programs that claim to provide jobs, encourage savings, provide affordable housing, and preserve family farms-among many others. Unwarranted Intrusions is a provocative and exhaustively researched challenge to prevailing political claims of programs that purport to protect the public good.
Contents
Preface. 1. The Politics of Market Intervention. I. A Nation of Subsidies. 2. Here They Come to Save the Day! 3. Be It Ever So Deductible. 4. Protection Racket. 5. How Are You Going to Keep Them Down on the Farm? 6. Location and Misallocation. 7. Getting the City to Play Ball. 8. Art of the State. II. Restraint of Trade. 9. Stock Arguments. 10. What Is Wrong with Payola? 11. What Is Big Brother Watching? 12. Getting Cash and Making the Rent. III. Telling It Like It Isn't. 13. Honesty Is the Worst Policy. 14. Campaign Finance Reform: The Permanent Campaign. 15. Here's That Rainy Day. 16. A Case of Insurance Fraud. Epilogue: Can This Mess Be Fixed? Notes. Index.
