Unbearable Cost: Bush, Greenspan And The Economics Of Empire

Paperback | November 28, 2006

byJames K. Galbraith

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In these essays James K. Galbraith wrote the history of Bush's presidency while it happened. This work contains Galbraith's most influential writings on current affairs along with new commentary, and explores the descent to disaster in Iraq and the ongoing transformation of the American economy under the steerage of Alan Greenspan. Important contributions examine the new U.S. strategic doctrine, the adverse economics of wars of occupation, the collapse of the technology bubble and its aftermath, the campaign against Social Security, the political economy of the 2004 election, the subversion of American voting as witnessed in Ohio, Hurricane Katrina and the fate of the dollar.

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In these essays James K. Galbraith wrote the history of Bush's presidency while it happened. This work contains Galbraith's most influential writings on current affairs along with new commentary, and explores the descent to disaster in Iraq and the ongoing transformation of the American economy under the steerage of Alan Greenspan. Imp...

JAMES K. GALBRAITH is the Lloyd M. Bentsen Jr. Chair in Government/Business Relations at the Lyndon B. Johnson School of Public Affairs, University of Texas at Austin, and  is a professor in the Department of Government.

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Format:PaperbackDimensions:256 pages, 8.46 × 5.51 × 0.53 inPublished:November 28, 2006Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230019013

ISBN - 13:9780230019010

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Table of Contents

Introduction * PART 1: ABOUT BUSH * Corporate Democracy Civic * Disrespect * Lies, Dumb Lies, and Sample Statistics * Defending Democrats...and Democracy * Tracking Down the Corporate Crooks * The Realities of Resistance * Why Bush Likes a Bad Economy * Bush's Hail Mary * The Plutocrats Go Wild * Dissecting Cheney * Waiting to Vote * Abolish Election Day * Democracy Inaction * The Floodgates Have Opened * PART 2: ABOUT WAR * National Defense * The Future Oil War * The Cheney Doctrine * The Unbearable Costs of Empire * The Paramilitary Mind * What Economic Price This War? * Still Wrong: Why Liberals Should Keep Opposing the War * Don't Blame Rumsfeld, Blame Bush * The Iraqi Quagmire * War and Economy Don't Wear Well * How You Will Pay for the War * The Economics of the Oil War * Boom Times for War, Inc. * The Gambler's Fallacy * Withdrawal Symptoms * PART 3: ABOUT GREENSPANA * Back To the Cross of Gold * Greenspan's Error * The Free Ride of Mr. Greenspan * There's Some Good News That's Bad News * Greenspan's Whim * Greenspan's Glasnost * The Butterfly Effect * The Credit, Where Credit is Due * Stop the Sabotage Coming from the Fed * The Charge of the Fed Brigade * We Cannot Have Discipline, So We Must Have Pain * The Swiss Guard * Watching Greenspan Grow * The Man Who Stayed Too Long * Bernankenstein's Monster * PART 4: ABOUT THE ECONOMY * I Don't Want To Talk About It * The Sorcerer's Apprentices * Is the New Economy Rewriting the Rules? * So Long, Wealth Effect * Incurable Optimists * Enron and the Next Revolution * Share Revenue, Save Jobs * Hangover In America * The Big Fix: The Case for Public Spending * Bush's Tax Package and Economic Reality * Cashing Out * Bankers Versus Base * Keeping It Real for the Voters * Dazzle Them With Demographics * Social Security Scare Campaign * Apocalypse Not Yet * Taming Predatory Capitalism

Editorial Reviews

"Galbraith for the 21st century! Prescient, lucid, elegant. Where others are lost groping in the shadows, James K. Galbraith sees the big picture. His writing is like a torch that guides us through the cave of the present into the light." --Sidney Blumenthal, former senior advisor to President Clinton and author of The Clinton Wars