The Economic Legacy of the Reagan Years PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Economic Legacy of the Reagan Years PDF full book. Access full book title The Economic Legacy of the Reagan Years by Anandi P. Sahu. Download full books in PDF and EPUB format.
Author: Anandi P. Sahu
Publisher: Praeger
ISBN: 9780275935962
Category : Business & Economics
Languages : en
Pages : 304
Get Book Here
Book Description
The eight years of the Reagan administration have left an indelible imprint on U.S. economic policy. Although the term Reaganomics is employed by both the general public and academic economists, there is still no consensus as to what the overall impact of Reaganomics has been for the country. This work, a wide-ranging collection of essays and commentaries, analyzes the empirical evidence that comprises the Reagan economic legacy. By detailing that legacy's successes, such as low unemployment and economic growth, and its negative effects, including unprecedented deficits and regulatory chaos, the editors provide some tentative conclusions as to whether the Reagan years produced an economic miracle or paved the way for economic disaster. The volume concentrates on the first level of economic impacts, covering the issues of supply-side economics, the regulatory environment, monetary policy, and foreign trade. Under each topic, groups of essays and commentaries present alternative interpretations of the Reagan legacy. Tax policy and business fixed investment, the effects of supply-side policies on labor supply, tax reform and deregulation are addressed in the supply-side section; interest rates and monetary policy objectives and realizations comprise the monetary policy section; and trade policy, trade deficit, and exchange rates are discussed in the international trade section. A final essay offers an alternate view of the Reagan legacy that attempts to synthesize the divergent theories. This work will be an important new resource for courses in economics and political science, as well as a worthy addition to college, university, and public libraries.
Author: Anandi P. Sahu
Publisher: Praeger
ISBN: 9780275935962
Category : Business & Economics
Languages : en
Pages : 304
Get Book Here
Book Description
The eight years of the Reagan administration have left an indelible imprint on U.S. economic policy. Although the term Reaganomics is employed by both the general public and academic economists, there is still no consensus as to what the overall impact of Reaganomics has been for the country. This work, a wide-ranging collection of essays and commentaries, analyzes the empirical evidence that comprises the Reagan economic legacy. By detailing that legacy's successes, such as low unemployment and economic growth, and its negative effects, including unprecedented deficits and regulatory chaos, the editors provide some tentative conclusions as to whether the Reagan years produced an economic miracle or paved the way for economic disaster. The volume concentrates on the first level of economic impacts, covering the issues of supply-side economics, the regulatory environment, monetary policy, and foreign trade. Under each topic, groups of essays and commentaries present alternative interpretations of the Reagan legacy. Tax policy and business fixed investment, the effects of supply-side policies on labor supply, tax reform and deregulation are addressed in the supply-side section; interest rates and monetary policy objectives and realizations comprise the monetary policy section; and trade policy, trade deficit, and exchange rates are discussed in the international trade section. A final essay offers an alternate view of the Reagan legacy that attempts to synthesize the divergent theories. This work will be an important new resource for courses in economics and political science, as well as a worthy addition to college, university, and public libraries.
Author:
Publisher: Hoover Press
ISBN: 9780817958930
Category : Supply-side economics
Languages : en
Pages : 24
Get Book Here
Book Description
Author: Doug Rossinow
Publisher: Columbia University Press
ISBN: 0231538650
Category : History
Languages : en
Pages : 393
Get Book Here
Book Description
In this concise yet thorough history of America in the 1980s, Doug Rossinow takes the full measure of Ronald Reagan's presidency and the ideology of Reaganism. Believers in libertarian economics and a muscular foreign policy, Reaganite conservatives in the 1980s achieved impressive success in their efforts to transform American government, politics, and society, ushering in the political and social system Americans inhabit today. Rossinow links current trends in economic inequality to the policies and social developments of the Reagan era. He reckons with the racial politics of Reaganism and its debt to the backlash generated by the civil rights movement, as well as Reaganism's entanglement with the politics of crime and the rise of mass incarceration. Rossinow narrates the conflicts that rocked U.S. foreign policy toward Central America, and he explains the role of the recession during the early 1980s in the decline of manufacturing and the growth of a service economy. From the widening gender gap to the triumph of yuppies and rap music, from Reagan's tax cuts and military buildup to the celebrity of Michael Jackson and Madonna, from the era's Wall Street scandals to the successes of Bill Gates and Sam Walton, from the first "war on terror" to the end of the Cold War and the brink of America's first war with Iraq, this history, lively and readable yet sober and unsparing, gives readers vital perspective on a decade that dramatically altered the American landscape.
Author: John Logan Palmer
Publisher: The Urban Insitute
ISBN: 9780877663157
Category : Business & Economics
Languages : en
Pages : 552
Get Book Here
Book Description
"A report of the Urban Institute's Changing Domestic Priorities Project"--Page ii."URI 34200"--T.p. verso. Includes bibliographical references.
Author: Lawrence Kudlow
Publisher: Penguin
ISBN: 0698162838
Category : Business & Economics
Languages : en
Pages : 258
Get Book Here
Book Description
The fascinating, suppressed history of how JFK pioneered supply-side economics. John F. Kennedy was the first president since the 1920s to slash tax rates across-the-board, becoming one of the earliest supply-siders. Sadly, today’s Democrats have ignored JFK’s tax-cut legacy and have opted instead for an anti-growth, tax-hiking redistribution program, undermining America’s economy. One person who followed JFK’s tax-cut growth model was Ronald Reagan. This is the never-before-told story of the link between JFK and Ronald Reagan. This is the secret history of American prosperity. JFK realized that high taxes that punished success and fanned class warfare harmed the economy. In the 1950s, when high tax rates prevailed, America endured recessions every two or three years and the ranks of the unemployed swelled. Only in the 1960s did an uninterrupted boom at a high rate of growth (averaging 5 percent per year) drive a tremendous increase in jobs for the long term. The difference was Kennedy’s economic policy, particularly his push for sweeping tax-rate cuts. Kennedy was so successful in the ’60s that he directly inspired Ronald Reagan’s tax cut revolution in the 1980s, which rejuvenated the economy and gave us another boom that lasted for two decades. Lawrence Kudlow and Brian Domitrovic reveal the secret history of American prosperity by exploring the little-known battles within the Kennedy administration. They show why JFK rejected the advice of his Keynesian advisors, turning instead to the ideas proposed by the non-Keynesians on his team of rivals. We meet a fascinating cast of characters, especially Treasury Secretary Douglas Dillon, a Republican. Dillon’s opponents, such as liberal economists Paul Samuelson, James Tobin, and Walter Heller, fought to maintain the high tax rates—including an astonishing 91% top rate—that were smothering the economy. In a wrenching struggle for the mind of the president, Dillon convinced JFK of the long-term dangers of nosebleed income-tax rates, big spending, and loose money. Ultimately, JFK chose Dillon’s tax cuts and sound-dollar policies and rejected Samuelson and Heller. In response to Kennedy’s revolutionary tax cut, the economy soared. But as the 1960s wore on, the departed president’s priorities were undone by the government-expanding and tax-hiking mistakes of Presidents Johnson, Nixon, Ford, and Carter. The resulting recessions and the “stagflation” of the 1970s took the nation off its natural course of growth and prosperity-- until JFK’s true heirs returned to the White House in the Reagan era. Kudlow and Domitrovic make a convincing case that the solutions needed to solve the long economic stagnation of the early twenty-first century are once again the free-market principles of limited government, low tax rates, and a strong dollar. We simply need to embrace the bipartisan wisdom of two great presidents, unleash prosperity, and recover the greatness of America.
Author: Michael Allen Meeropol
Publisher: University of Michigan Press
ISBN: 0472123521
Category : Business & Economics
Languages : en
Pages : 401
Get Book Here
Book Description
Michael Meeropol argues that the ballooning of the federal budget deficit was not a serious problem in the 1980s, nor were the successful recent efforts to get it under control the basis for the prosperous economy of the mid-1990s. In this controversial book, the author provides a close look at what actually happened to the American economy during the years of the "Reagan Revolution" and reveals that the huge deficits had no negative effect on the economy. It was the other policies of the Reagan years--high interest rates to fight inflation, supply-side tax cuts, reductions in regulation, increased advantages for investors and the wealthy, the unraveling of the safety net for the poor--that were unsuccessful in generating more rapid growth and other economic improvements. Meeropol provides compelling evidence of the failure of the U.S. economy between 1990 and 1994 to generate rising incomes for most of the population or improvements in productivity. This caused, first, the electoral repudiation of President Bush in 1992, followed by a repudiation of President Clinton in the 1994 Congressional elections. The Clinton administration made a half-hearted attempt to reverse the Reagan Revolution in economic policy, but ultimately surrendered to the Republican Congressional majority in 1996 when Clinton promised to balance the budget by 2000 and signed the welfare reform bill. The rapid growth of the economy in 1997 caused surprisingly high government revenues, a dramatic fall in the federal budget deficit, and a brief euphoria evident in an almost uncontrollable stock market boom. Finally, Meeropol argues powerfully that the next recession, certain to come before the end of 1999, will turn the predicted path to budget balance and millennial prosperity into a painful joke on the hubris of public policymakers. Accessibly written as a work of recent history and public policy as much as economics, this book is intended for all Americans interested in issues of economic policy, especially the budget deficit and the Clinton versus Congress debates. No specialized training in economics is needed. "A wonderfully accessible discussion of contemporary American economic policy. Meeropol demonstrates that the Reagan-era policies of tax cuts and shredded safety nets, coupled with strident talk of balanced budgets, have been continued and even brought to fruition by the neo-liberal Clinton regime." --Frances Fox Piven, Graduate School, City University of New York Michael Meeropol is Chair and Professor of Economics, Western New England College.
Author: Anthony S. Campagna
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 248
Get Book Here
Book Description
The arguments over the economic policies of the Reagan Administration will continue until sufficient time has elapsed for a consensus to be possible. In the meantime, it is necessary for contemporary scholars to record their opinions as a base for the consensus. Campagna has recorded his conclusions based on considerable research on Reagan Administration policies. He begins by describing what was planned by the government. From there, he discusses what actually happened, and devotes the remainder of the work to his opinion of what has been left with which the future must deal. Campagna concludes that the Reagan economic policies failed. He establishes a position for others to attack or defend in their own publications in the continuing argument.
Author: Eric R. Crouse
Publisher: Springer
ISBN: 3319705458
Category : History
Languages : en
Pages : 277
Get Book Here
Book Description
This book examines one of the most important economic outcomes in American history—the breakdown of the Keynesian Revolution. Drawing on economic literature, the memoirs of economists and politicians, and the popular press, Eric Crouse examines how economic decline in the 1970s precipitated a political revolution. Keynesian thought flourished through the presidencies of Lyndon B. Johnson, Richard Nixon, and Gerald Ford, until stagflation devastated American workers and Jimmy Carter’s economic policies faltered, setting the stage for the 1980 presidential campaign. Tracking years of shifting public opinion and colorful debate between free-market and Keynesian economists, this book illuminates a neglected era of American economic history and shows how Ronald Reagan harnessed a vision of small government and personal freedom that transformed the American political landscape.
Author: Robert M. Collins
Publisher: Columbia University Press
ISBN: 0231124007
Category : Biography & Autobiography
Languages : en
Pages : 321
Get Book Here
Book Description
Robert Collins examines the critical and controversial developments of the 1980s and the unmistakable influence of Ronald Reagan on their making. Portraying the former president as a complex political figure who combined ideological conservatism with political pragmatism, Collins demonstrates how Reagan's policies helped limit the scope of government, control inflation, reduce the threat of nuclear war, and defeat communism. In the 1980s other changes occurred as well, including the advent of the personal computer, a revolution in information technology, a more globalized national economy, and a restructuring of the American corporation. In the realm of culture, MTV, self-help gurus, and postmodernism realized the cultural shifts of the postwar era, creating a conflict that pitted cultural conservatism against a secular, multicultural view of the world. Entertaining and erudite, Transforming America explores the events, movements, and ideas that profoundly changed American culture and politics during an important decade.
Author: Gil Troy
Publisher: Oxford University Press
ISBN: 0199717850
Category : Political Science
Languages : en
Pages : 169
Get Book Here
Book Description
"They called it the Reagan revolution," Ronald Reagan noted in his Farewell Address. "Well, I'll accept that, but for me it always seemed more like the great rediscovery, a rediscovery of our values and our common sense." Nearly two decades after that 1989 speech, debate continues to rage over just how revolutionary those Reagan years were. The Reagan Revolution: A Very Short Introduction identifies and tackles some of the controversies and historical mysteries that continue to swirl around Reagan and his legacy, while providing an illuminating look at some of the era's defining personalities, ideas, and accomplishments. Gil Troy, a well-known historian who is a frequent commentator on contemporary politics, sheds much light on the phenomenon known as the Reagan Revolution, situating the reception of Reagan's actions within the contemporary liberal and conservative political scene. While most conservatives refuse to countenance any criticism of their hero, an articulate minority laments that he did not go far enough. And while some liberals continue to mourn just how far he went in changing America, others continue to mock him as a disengaged, do-nothing dunce. Nevertheless, as Troy shows, two and a half decades after Reagan's 1981 inauguration, his legacy continues to shape American politics, diplomacy, culture, and economics. Both Bill Clinton and George W. Bush modeled much of their presidential leadership styles on Reagan's example, while many of the debates of the '80s about the budget, tax cutting, defense-spending, and American values still rage. Love him or hate him, Ronald Reagan remains the most influential president since Franklin D. Roosevelt, and one of the most controversial. This marvelous book places the Reagan Revolution in the broader context of postwar politics, highlighting the legacies of these years on subsequent presidents and on American life today. About the Series: Combining authority with wit, accessibility, and style, Very Short Introductions offer an introduction to some of life's most interesting topics. Written by experts for the newcomer, they demonstrate the finest contemporary thinking about the central problems and issues in hundreds of key topics, from philosophy to Freud, quantum theory to Islam.
