Reacting to the Spending Spree Policy Changes We Can Afford

President Obama, Treasury secretary Geithner, and Federal Reserve chairman Bernanke have each proclaimed on several occasions that they will take whatever steps are needed to help resolve the economic crisis. But what regulatory and other risks do these steps involve? And how effective will they be in the long term? In Reacting to the Spending Spree, a team of expert contributors analyze the near- and long-term implications of efforts by both the Obama and Bush administrations to fix the current financial crisis. They examine a range of issues affected by the proposed reforms, including health care, "going green," the Employee Free Choice Act, an open world economy, and more.

Terry L. Anderson is the John and Jean De Nault Senior Fellow at the Hoover Institution and the executive director of PERC - the Property and Environment Research Center-a think tank in Bozeman, Montana, that focuses on market solutions to environmental problems. Richard Sousa is senior associate director, director of the library and archives, and a research fellow at the Hoover Institution. An economist, his research deals with human capital, discrimination, labor economics, and K - 12 education.