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Great Experiments in American Economic Policy: From Kennedy to Reagan - Couverture souple

Karier, Thomas

 
9780275965570: Great Experiments in American Economic Policy: From Kennedy to Reagan
Couverture souple
ISBN 10 : 0275965570 ISBN 13 : 9780275965570
Editeur : Praeger Publishers Inc, 1999

Synopsis

During the 1980s, dramatic changes in the federal budget, the Federal Reserve, and the U.S. Treasury initiated the most comprehensive series of economic experiments since the 1930s. This book describes the nature of those experiments and compares them to the Keynesian experiment of the 1960s. The promises that the economic experimenters made in the 1980s were bold and confident: monetarists claimed their policies would permanently subdue inflation and unemployment; supply-siders said their tax cuts would give the economy new life with accelerated growth and a balanced budget; and free floaters promised unprecedented stability in international markets. Actual results fell far short of these ambitious promises.

At first the economists denied that their experiments had failed, but when they were faced with overwhelmingly negative results that were impossible to ignore, they blamed each other for the failure. After beginning the decade as a united front against liberalism, the monetarists, suppply-siders, and free floaters ended the decade hopelessly divided. This book sorts out the actual occurrences of the 1980s. It analyzes why events unfolded as they did, what bearing the results have on the future of economics and the U.S. economy, what can be explained, and what mysteries remain.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

THOMAS KARIER is Associate Dean and professor of Economics at Eastern Washington University. Since 1989 he has served as research associate for the Jerome Levy Economics Institute in Annandale, NY, where he has published several policy briefs on contemporary economic policy. He has published in several journals and is the author of Beyond Competition: The Economics of Mergers and Monopoly Power (1993).

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Praeger Publishers Inc
Date d'édition
1999
Langue
anglais
ISBN 10 
0275965570
ISBN 13 
9780275965570
Reliure
Broché
Nombre de pages
248
Coordonnées du fabricant
non disponible
Personne responsable
GPSR Kontakt
gpsr@libri.de

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