Can the government "fix" the economy?
As those of us in the United States prepare for what is sure to be a vitriolic election season, our thoughts turn to the role of the government in the economy. Candidates will be laying claim to economic "successes" and pointing fingers at economic "failures." But how much credit or blame does either side deserve for the state of the economy? To be sure, the COVID-19 pandemic has affected us in myriad ways, including cries for fiscal "stimulus." (We've included one item in this month's collection on how we have become socialized to expect "help" from the government.) And there is no doubt the world's economies have suffered as a result.
In April, our QuickPicks collection focused on Public Choice, so in this month's collection we've tried to focus more on what the state should do with regard to the economy- we've gone all the way back to Adam Smith! As always, we hope you find this month's theme of interest, and perhaps it even sparks some conversation.
Speaking of conversation, we hope you'll join us next week to discuss Tyranny Comes Home. Visit our #EconlibReads page to learn more. Our sister site, AdamSmithWorks, is also hosting an online reading group this month, with a Virtual Reading Group focused on "Teaching Moral Sentiments in the Digital Age" coming up next month. Click here to learn more.
Is there something else you'd like to see- either in QuickPicks or online more generally? Let us know at firstname.lastname@example.org or on social media. We're listening.