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Post-Cowboy Economics : Pay And Prosperity In The New American West - Thomas Michael Power

Post-Cowboy Economics

Pay And Prosperity In The New American West

Hardcover Published: 1st July 2001
ISBN: 9781559638203
Number Of Pages: 225

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A great deal of reactionary political fire in the Mountain West has been aimed at environmental protection measures that are perceived to have destroyed or diminished the livelihoods of long-time residents. Conventional wisdom sees the economic woes afflicting the region -- declining pay, growing inequality, persistent poverty -- as a direct result of increasingly strict environmental regulations that have crippled natural resource industries such as mining and logging.In Post-Cowboy Economics, economists Thomas Michael Power and Richard Barrett provide a new interpretation of the economy of the Mountain West. Based on evidence from a wide variety of sources, including data on individual employment and income histories of more than 300,000 residents, they clearly demonstrate that the region's economic misfortunes are not the result of changes in regional industrial structure but rather are local manifestations of pervasive national and international trends. The authors: discuss and critique entrenched conventional wisdom and its policy implications present an empirical analysis of changes in the region offer a new interpretation of events affecting the regional economy set forth public policies that will work to protect and enhance the economic well-being of its residents and communitiesThe authors' analysis and interpretation make a compelling case that despite incomes that are low compared to the rest of the country, the region is not suffering from general impoverishment, and that environmental protection, rather than threatening economic well-being, enhances welfare and protects the very source of the economic vitality that the Mountain West enjoys. Throughout, they argue that fearful, crisis driven environmental and economic development policies are unnecessary and inappropriate, and often counterproductive.Post-Cowboy Economics is an important work for professionals and scholars involved with environmental policy, economic development, and resource management, as well as anyone interested in the future of the American West."

List of Figuresp. xi
List of Tablesp. xiii
Acknowledgmentsp. xv
Prefacep. xvii
The View from the Cowboy Economyp. 1
Economic Deterioration amid Rapid Economic Growth? Trends in Pay and Income in the Mountain Westp. 21
The Changing Structure of the Mountain West Economiesp. 51
Converting "Good" Jobs to "Lousy" Jobs? The Effect of Changes in Industrial Structure on Wages and Well-Beingp. 69
Is the Mountain West Really Poor? Size of Place and Relative Pay and Incomep. 103
Trapped in Images from the Pastp. 125
What Should Be Done? Appropriate Public Economic Policies for the Mountain Westp. 137
Conclusionp. 155
Technical Notesp. 162
Referencesp. 167
About the Authorsp. 173
Indexp. 174
Table of Contents provided by Syndetics. All Rights Reserved.

ISBN: 9781559638203
ISBN-10: 1559638206
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 225
Published: 1st July 2001
Publisher: Island Press
Country of Publication: US
Dimensions (cm): 22.9 x 15.3  x 1.91
Weight (kg): 0.45
Edition Number: 2