-Prof. James Bennett's new book, Corporate Welfare, mounts a devastating, well-argued attack on corporate welfare policy in America. Bennett reviews the many appearances of corporate welfare in the US economy then proceeds to debunk the practice, expertly drawing on professional literature, informed commentary, policy analysis, and advocacy works. Bennett marshals interesting examples, case studies, and practices from across the field in an innovative framework. Bennett's work is especially timely as political leaders and some corporate magnates again look to corporate welfare policy in hopes of reviving moribund economies they arguably created in the first place. This book will be invaluable to general readers (taxpayers) who want to understand the issues and to policymakers and business leaders who want to do the right thing. Economists, policy analysts and commentators will also find fresh insights to relish in this interesting book.-
--Terry F. Buss, Carnegie Mellon University
-Professor Bennett begins his excellent new book about corporate welfare with Alexander Hamilton's misguided schemes. Fortunately, those schemes were mainly blocked in the early Republic by the Jeffersonian party. The problem today--as Bennett skillfully documents--is that business subsidies are a bipartisan disease, chronic at all levels of government. Few politicians stand up for the taxpayer, despite citizen opposition to hand-outs from across the political spectrum. Hopefully, Bennett's stomach-turning stories will convince more people of the evils of crony capitalism.-
--Chris Edwards, DownsizingGovernment.org, Cato Institute
"Prof. James Bennett's new book, Corporate Welfare, mounts a devastating, well-argued attack on corporate welfare policy in America. Bennett reviews the many appearances of corporate welfare in the US economy then proceeds to debunk the practice, expertly drawing on professional literature, informed commentary, policy analysis, and advocacy works. Bennett marshals interesting examples, case studies, and practices from across the field in an innovative framework. Bennett's work is especially timely as political leaders and some corporate magnates again look to corporate welfare policy in hopes of reviving moribund economies they arguably created in the first place. This book will be invaluable to general readers (taxpayers) who want to understand the issues and to policymakers and business leaders who want to do the right thing. Economists, policy analysts and commentators will also find fresh insights to relish in this interesting book."
--Terry F. Buss, Carnegie Mellon University
"Professor Bennett begins his excellent new book about corporate welfare with Alexander Hamilton's misguided schemes. Fortunately, those schemes were mainly blocked in the early Republic by the Jeffersonian party. The problem today--as Bennett skillfully documents--is that business subsidies are a bipartisan disease, chronic at all levels of government. Few politicians stand up for the taxpayer, despite citizen opposition to hand-outs from across the political spectrum. Hopefully, Bennett's stomach-turning stories will convince more people of the evils of crony capitalism."
--Chris Edwards, DownsizingGovernment.org, Cato Institute
"Prof. James Bennett's new book, Corporate Welfare, mounts a devastating, well-argued attack on corporate welfare policy in America. Bennett reviews the many appearances of corporate welfare in the US economy then proceeds to debunk the practice, expertly drawing on professional literature, informed commentary, policy analysis, and advocacy works. Bennett marshals interesting examples, case studies, and practices from across the field in an innovative framework. Bennett's work is especially timely as political leaders and some corporate magnates again look to corporate welfare policy in hopes of reviving moribund economies they arguably created in the first place. This book will be invaluable to general readers (taxpayers) who want to understand the issues and to policymakers and business leaders who want to do the right thing. Economists, policy analysts and commentators will also find fresh insights to relish in this interesting book."
--Terry F. Buss, Carnegie Mellon University
"Professor Bennett begins his excellent new book about corporate welfare with Alexander Hamilton's misguided schemes. Fortunately, those schemes were mainly blocked in the early Republic by the Jeffersonian party. The problem today--as Bennett skillfully documents--is that business subsidies are a bipartisan disease, chronic at all levels of government. Few politicians stand up for the taxpayer, despite citizen opposition to hand-outs from across the political spectrum. Hopefully, Bennett's stomach-turning stories will convince more people of the evils of crony capitalism."
--Chris Edwards, DownsizingGovernment.org, Cato Institute
