Presidential Economics: The Making of Economic Policy from Roosevelt to ClintonThis book examines the events, policies, and personalities that have shaped our economy for a half century. With a wit and lucidity rare in economic writing, Herbert Stein examines the events, policies, and personalities that have shaped our economyfor a half-century. |
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Presidential Economics: The Making of Economic Policy from Roosevelt to Clinton Herbert Stein No preview available - 1994 |
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accepted achieve administration argument balancing the budget billion budget deficit Carter Congress considered costs Council of Economic decisions decline defense demand depression disinflation econ Economic Advisers economic growth economic policy economists effect expansion expected Federal Reserve fiscal and monetary fiscal policy forecast free market full employment goal gold Herbert Stein high employment idea income tax incomes policy inflation rate inflationary interest rates Kennedy Keynes Keynesian labor liberal mainly ment monetarism monetarist monetary policy money supply Moreover national income Nixon nomic nominal GNP percent period political President price and wage price level price stability private investment probably problem productivity programs raise taxes Reagan recession recovery reduce regulation Republican restraint result rise Ronald Reagan Roosevelt saving spending supply-side supply-side economics surplus target tax cut tax increase tax rates tax reduction theory tion unemployment unemployment rate wanted workers