Presidential Economics: The Making of Economic Policy from Roosevelt to ClintonAmerican Enterprise Institute for Public Policy Research, 1994 - 495 Seiten This 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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Seite 303
... interest - rate stabilization . Interest rates would tend to rise in a period of inflation , and an effort to resist the rise of interest rates by expanding the money supply would only make the inflation worse . The transformation of ...
... interest - rate stabilization . Interest rates would tend to rise in a period of inflation , and an effort to resist the rise of interest rates by expanding the money supply would only make the inflation worse . The transformation of ...
Seite 389
... interest rates during 1981 and 1982 , which reduced the cost of holding money . Some recent studies suggest that the common forecasts of economists underesti- mated the degree to which velocity would be affected by the decline of interest ...
... interest rates during 1981 and 1982 , which reduced the cost of holding money . Some recent studies suggest that the common forecasts of economists underesti- mated the degree to which velocity would be affected by the decline of interest ...
Seite 438
... interest rates , on both long- and short - term assets , have declined . But short - term interest rates when measured in real terms — that is , when adjusted for inflation — did not fall as low as in previous recessions . During the ...
... interest rates , on both long- and short - term assets , have declined . But short - term interest rates when measured in real terms — that is , when adjusted for inflation — did not fall as low as in previous recessions . During the ...
Inhalt
PREFACE TO THE THIRD REVISED EDITION | 11 |
2 | 24 |
3 | 63 |
Urheberrecht | |
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Häufige Begriffe und Wortgruppen
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