Political Business Cycles: The Political Economy of Money, Inflation, and Unemployment
edited by Thomas D. Willett
Duke University Press, 1988
Paper: 978-0-8223-0842-3 | Cloth: 978-0-8223-0824-9
Library of Congress Classification HB3743.P67 1988
Dewey Decimal Classification 338.5420973

ABOUT THIS BOOK | TOC
ABOUT THIS BOOK
The "political business cycle", according to economist William Nordhaus, creates a situation in which political and bureaucratic incentives create artificial economic booms just before elections, with consequent and deleterious side effects after the ballots are counted. This work examines the issue of whether federal governmental structure inevitably leaves the U.S. economy exposed to unhealthy political influences.

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