| Political Business Cycles: The Political Economy of Money, Inflation, and Unemployment Contributor(s): Willett, Thomas D. (Editor) |
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ISBN: 082230824X ISBN-13: 9780822308249 Publisher: Duke University Press OUR PRICE: $118.70 Product Type: Hardcover - Other Formats Published: July 1988 |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - Microeconomics |
| Dewey: 338.542 |
| LCCN: 88007148 |
| Lexile Measure: 1550 |
| Series: Duke Press Policy Studies |
| Physical Information: 534 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |