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In recent decades, cracks have appeared in this seemingly impregnable façade. Mistaken and inappropriate monetary policy now appears to have been a major factor in both the Great Contraction and the slow recovery. Moreover, New Deal programs probably retarded rather than promoted recovery from the depression. The unintended and undesirable long-run consequences of such programs as Social Security, AFDC, and agricultural price-support and output-restriction programs were visited on the postwar American economy. The harmful effects of the artificial separation of financial activities and government controls on deposit-interest rates were felt in the United States in the 1970s, and finally led to the removal of those controls.
In addition to increasing doubts about the beneficial effects of New Deal programs, questions have begun to be raised about the selfless motivation of those in charge of the programs.... Nearly all of these studies aggregate across spending categories and over the years from 1933 to 1939.
In The Political Economy of the New Deal, Jim Couch and William Shughart argue that important information and insights are lost by such aggregation. Using more recent data, they disaggregate categories of New Deal spending and examine its determinants over time.
Couch and Shughart find that both economic and political influences were important in determining the allocation of total spending per capita, loans per capita, and grants per capita across the states. Presidential politics were much more important than congressional politics in determining the allocation of New Deal spending. The authors conclude that "The weight of this evidence thus points to a political explanation for New Deal spending patterns: other things being the same, more federal aid was allocated to states which had supported FDR most solidly in 1932 and which were crucial to the president's 1936 Electoral College strategy" (p. 190).
Overall, Couch and Shughart conclude that political considerations were an important and often a dominant determinant of the allocation of New Deal funds among states. By no means were the New Dealers selfless and disinterested bureaucrats, allocating dollars only on the basis of individual need.
All in all, The Political Economy of the New Deal is a well-written book that makes us think further about the motives of the New Dealers and politicians in general. It is essential reading for anyone interested in the New Deal and the politics of the 1930s.
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I had considered taking a course, but after working through the workbook found that it wasn't necessary. Your results may vary.
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Lowe not only provides clear and sound explications of Locke's own views, carefully placing them into historical context, but also inquires into whether Locke's views can be defended today -- and, perhaps surprisingly, finds that many of them are defensible though perhaps in need of modification. And Lowe does not hesitate to add his own views where necessary, by way of suggesting how a modern follower of Locke might carry his philosophy forward in light of scientific developments since Locke's day.
The result is more than an introduction to Locke -- it is a scintillating volume that will be a pleasurable read even for longtime readers of Locke. Lowe has a knack for picking out the most interesting features of Locke's thought and presenting them in a new light.
For example, I was quite struck by Lowe's remarks on Locke's "particularist" (Lowe's term) view of logic. Locke, as his readers may know, was extremely critical of syllogistic formalism, holding that while reasoned arguments may indeed be put in syllogistic form, it was nevertheless ridiculous to maintain that the use of the form itself is what gives validity to an argument. As Locke famously remarked, God was not so sparing as to make men barely two-legged and leave it to Aristotle to make them rational.
Lowe trenchantly notes that Locke's critiques would apply equally well to the Frege-Russell variety of formal logic; Locke, very much like Brand Blanshard in _Reason and Analysis_, held that we reason by connecting terms through their _meanings_, which a strictly formal logic provides no way to do.
Lowe's remarks on this point are food for thought not only on the matter of formal logic but on the question of what allegedly divides "rationalism" from "empiricism." Elsewhere in this volume, Lowe suggests that the firm distinction between these allegedly opposite schools of thought cannot be made out; and Locke was quite clearly a rationalist as regards knowledge even if he believed we arrived at all of our our ideas "empirically." That is, Locke clearly still has something to say to the rationalist philosophers of our own day -- and through Lowe, he says it.
And says it well: it is very much to Lowe's credit that, through his own lucid prose, he has allowed Locke to speak so clearly. The reader of this excellent introduction will find Locke to be fine intellectual company -- and also Lowe, a clear thinker and graceful writer whose own admiration for Locke is never explicitly stated but is nevertheless obvious through the keen sympathy of his presentation.
All in all, then, a delightful volume very much in the Lockean spirit.
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"As the Strength of the Body lies chiefly in being able to endure Hardships, so also does that of the Mind. And the great Principle and Foundation of all Vertue and Worth, is . . . That a Man is able to deny himself his own Desires, cross his own Inclinations, and purely follow what Reason directs as best, tho' that appetite lean the other way." And how does one do this? Locke's answer is through education (i.e., through habit).
Anyone wishing to understand the thought and philosophy of Locke, can not afford to ignore this volume in the corpus of Lockean writings. This edition is a very scholarly edition, there is another modern edition available as well. To bad the editors of the Clarendon Edition of the Works of John Locke are not very organized, at the rate these volumes are being produced, the complete writings will not be available during my lifetime.
The world needs a modern edition of the writings of Locke, he is too important a thinker not to have this - if nothing else, for us inspiring Lockean scholars. :o)
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Locke's Moon Hoax is one of the most remarkable works of 19th century U.S. literature. Ormond Seavey's intro to the 1975 edition does a good job of placing the hoax in literary and cultural perspective. Seavey notes, for example, that the hoax appeared at "a time when the tall tale was first recognized as a characteristically American narrative" (p. xxiv). Seavey also makes note of the reaction of showman P.T. Barnum to the hoax, and draws a parallel between the Moon Hoax and Edgar Allan Poe's 1844 "Balloon Hoax."
The text of the hoax itself is a charming piece of literature; it could be seen as a pioneering work of science fiction. The text's flavor of authenticity is enhanced by the many technical details about the new telescope; Locke even names the glassmaking firm that allegedly created the lens for the device! Locke's descriptions of Herschel's bogus discoveries are delightful. We learn about the lunar oceans; trees; gigantic, obelisk-like amethysts; unicorn-like creatures; tailless beaver-like humanoids; and most wonderfully, "Vespertilio-homo," the winged human-like species alluded to in the book's title. "The Moon Hoax" is a marvelous book that deserves to be rediscovered by new generations of readers.