Better Average Than Unequal

by | Nov 17, 2013

Average Is Over: Powering America Beyond the Age of the Great Stagnation by Tyler Cowen. New York, NY: Dutton, 2013. Hardcover, 290 pages, $26.95.In his latest book, Tyler Cowen takes up where The Great Stagnation, his penultimate work, left off. If America’s economy...

The Chastened Planner

by | Dec 24, 2007

Understanding the Process of Economic Change by Douglass C. North. Princeton University Press (Princeton and Oxford), 187 pp., $10.00 cloth, 2005.Douglass C. North’s new book represents a watershed in the social engineering consciousness. North, who won the Nobel...