America S Failing Economy And The Rise Of Ronald Reagan

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.

"Reagan and the Economy" is the most comprehensive, authoritative, and up-to-date critique of Reaganomics, the revolutionary economic and political program of the 1980s whose effects are only beginning to be felt. In accessible, non-technical language, Michael J. Boskin describes the Reagan economic program as it was conceived and as it evolved over the first six years of the Reagan presidency, showing its place in the changing world of economic thought. His aim is to dispel the myths about Reaganomics by taking a hard look at the actual data and evaluating the performance of the economy. Many of his findings run counter to conventional wisdom. Boskin's greatest contribution is his analysis of "supply-side" economics, the new school of economic thinking that produced several tax cuts during the Reagan Presidency. He analyzes the effects of these policies in light of the economic conditions and alternatives available at the time, and finds the supply-side tax cuts to be partially successful. These findings form a comprehensive and accurate review of Reaganomics. "Reagan and the Economy" is essential to understanding the political and economic choices the nation will face in the coming years. -- From publisher's description.

As a domestic policy advisor to Ronald Reagan, Bartlett was one of the originators of Reaganomics. In his latest work, Bartlett abandons the conservative dogma he espoused in "Impostor" in favor of a policy strongly based on what's worked in the past.

"A report of the Urban Institute's Changing Domestic Priorities Project"--Page ii."URI 34200"--T.p. verso. Includes bibliographical references.

And finally, The Commanding Heights illuminates the five tests by which the success or failure of all these changes can be measured, and defines the key issues as we enter the twenty-first century.

DIVIlluminates recent national economic policy and warns against the single-minded commitment to balance the federal budget. The paperback edition features a new preface and afterword /div