Two Revolutions in Economic Policy: The First Economic Reports of Presidents Kennedy and Reagan - Softcover

Tobin, James

Softcover

ISBN 10: 0262700344 ISBN 13: 9780262700344

Publisher: Mit Pr, 1988

Synopsis

The juxtaposition of Kennedy and Reagan approaches to economic problems is particularly instructive in that they express the two major - and quite different - approaches of macroeconomic policy in the past three decades: the 1962 Kennedy Camelot which relied on traditional Keynesian economics, and the 1982 Reagan program which called for a supplyside solution to the country's economic difficulties. From today's vantage point it is useful to compare what these two different groups of economic advisors planned to do, what they did, and what the results were.

About this title

From the Back Cover

The juxtaposition of these two approaches to economic problems is particularly instructive in that they express the two major--and quite different--approaches of macroeconomic policy in the past three decades: the 1962 Keynesian economics, and the 1982 Reagan program, which called for a supply-side solution to the country's economic difficulties. From today's vantage point it is useful to compare what these two different groups of economic advisers planned to do, what they did, and what the results were.

About the Author

James Tobin, who received the Nobel prize in economics in 1981, is Sterling Professor of Economics at Yale.

Edition details

• Publisher: Mit Pr
• Publication date: 1988
• Language: English
• ISBN 10: 0262700344
• ISBN 13: 9780262700344
• Binding: Paperback
• Number of pages: 543