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Political Business Cycles: The Political Economy of Money, Inflation, and Unemployment (Duke Press Policy Studies) - Softcover

 
9780822308423: Political Business Cycles: The Political Economy of Money, Inflation, and Unemployment (Duke Press Policy Studies)
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ISBN 10: 0822308428 ISBN 13: 9780822308423
Publisher: Duke University Press Books, 1988
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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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About the Author:
Willett is Horton Professor of Economics, Claremont McKenna College and The Claremont Graduate School.

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9780822308249: Political Business Cycles: The Political Economy of Money, Inflation, and Unemployment (Duke Press Policy Studies)

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