A Little More Liberty: What the _JEL_ Omits in Its Account of What the Economic Report of the President Omits

Daniel Klein and Michael J. Clark

Econ Journal Watch, 2006, vol. 3, issue 3, 466-483

Abstract: The classical liberal character of economics emerged in the eighteenth century, notably with Adam Smith’s view that politics is prone to an under-appreciation the relative virtues of natural liberty. Smith centered political economy on the presumption of liberty. The Journal of Economic Literature published a review of The Economic Report of the President. Five authors writing separately raised numerous omissions in The Economic Report of the President. The authors do not suggest as worthy reform a single ERP-omitted potential liberalization. The review shows little trace of the Smithian character.

Keywords: Economic Report of the President; Journal of Economic Literature; public policy; omission; status quo; presumption of liberty (search for similar items in EconPapers)
JEL-codes: A11 H11 (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ejw:journl:v:3:y:2006:i:3:p:466-483

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