American economic policy in the 1980s
Ronald Reagan's election in 1980 reflected widespread public discontent with high inflation, rising personal taxes, and increasing government spending. Committed to reversing the economic trends of the 1960s and 1970s, Reagan sought to bring about essential changes in the American economy throu...
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| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
Chicago u.a.
Univ. of Chicago Press
1994
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| Schriftenreihe: | A National Bureau of Economic Research conference report
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| Online Zugang: | Publisher description |
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Tag hinzufügen | Zusammenfassung: | Ronald Reagan's election in 1980 reflected widespread public discontent with high inflation, rising personal taxes, and increasing government spending. Committed to reversing the economic trends of the 1960s and 1970s, Reagan sought to bring about essential changes in the American economy through smaller government and decreased spending on domestic programs. His election marked a return to traditional market-oriented ideas and a shift away from the Keynsian economics that defined the postwar decades The policy changes he introduced included reallocation of public spending and serious reforms in the tax system. Taxes were lowered and inflation was brought down, but the changes also produced a spiraling government debt. The sharpest post-World War II recession preceded nearly eight years of strong economic growth In American Economic Policy in the 1980s, policy makers in the Reagan administration and leaders in academia provide a comprehensive look at the fundamental economic reforms of the 1980s and offer their unique views of how and why economic policy developed the way it did |
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| Beschreibung: | X, 823 S. graph. Darst. |
| ISBN: | 0226240932 0-226-24093-2 |