Great Experiments In American Economic Policy / Edition 1

Great Experiments In American Economic Policy / Edition 1

by Thomas Karier
     
 

ISBN-10: 0275965570

ISBN-13: 9780275965570

Pub. Date: 01/30/1999

Publisher: ABC-CLIO, Incorporated

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. In the 1980s, monetarists claimed their policies would permanently subdue…  See more details below

Overview

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. In the 1980s, 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 promises. This book analyzes why the economic events of the 1980s unfolded as they did and what bearing the results have on the future of economics and the U.S. economy.

Product Details

ISBN-13:
9780275965570
Publisher:
ABC-CLIO, Incorporated
Publication date:
01/30/1999
Edition description:
New Edition
Pages:
246
Product dimensions:
6.00(w) x 9.00(h) x 0.52(d)
Lexile:
1330L (what's this?)

Table of Contents

Preface
1Camelot and Trojan Horses1
2Origins of Monetarism19
3Gambling at the Fed37
4A View from the Supply Side53
5Budget Busters75
6The Free Float91
7Global Shock Waves109
8The Reckoning: A Decade of Economic Records127
9A Falling Out149
10Rewriting Economics165
11Out of the Ashes185
Notes209
Bibliography223
Index229

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