preview

Why Government Succeeds And Why It Fails By Glazer And Rothenberg

Decent Essays
Open Document

Why Government Succeeds and Why It Fails, is a book about an analysis of government and how it interacts with the economy, citizens, and policy making; with a focus on the United States of America, but its implications and findings translate to other governments. The authors, Glazer and Rothenberg, use a systematic approach through analysis and findings to illustrate the reasons for a government’s success or failings. Their use of statistics enhances the reader’s understanding of the work and increases their credibility throughout the work. Each chapter leads to the next and builds upon itself to further increase the ease of which the reader can understand the book. The book highlights how a government is successful or a failure, though the …show more content…

The government can implement policies that can stimulate the economy in the short term, but over the long run the market will have the ultimate control in its equilibrium. The most influential economic choice that the government could implement, is lowering the national debt. This would in the long run be the most impactful effort to control the economy. The power of the government is strong and it can influence the market through policy and choices it makes, but it does not control the market. Continuing on the theme of economics, the second chapter talks about redistribution of wealth. It’s speaks to the government’s ability to redistribute wealth by raising taxes. Conversely, this is not the end all to redistribution. The more important question would be the success of redistribution. The government has the ability to redistribute wealth. This is not up for debate, governments have raised taxes to pay for institutions as well as fund social programs. However, just because the government can redistribute wealth, does this mean that it is working? Do the programs have the intended outcome of the program or are the programs creating circumstances for welfare bound …show more content…

This may lead to a person working less or investing less or saving less. The person who receives these benefits may have a stigma when asking for assistance and forgo requesting assistance at a detriment to their economic future. There is also a concern for the economic constraints that always influence welfare programs. Government has a difficult job in making policy that is effective or using policy as a political tool. They may use policy that is long term, but less effective depending on their political leanings. Redistribution has a place in government. There are times when people need help, but there is an economic and social cost that comes with

Get Access