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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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Willett is Horton Professor of Economics, Claremont McKenna College and The Claremont Graduate School.
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Book Description Duke University Press Books, 1988. Paperback. Condition: New. Seller Inventory # DADAX0822308428
Book Description Duke University Press Books, 1988. Paperback. Condition: New. Never used!. Seller Inventory # P110822308428