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

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9780822308423: Political Business Cycles: The Political Economy of Money, Inflation, and Unemployment (Duke Press Policy Studies)
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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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9780822308249: Political Business Cycles: The Political Economy of Money, Inflation, and Unemployment (Duke Press Policy Studies)

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ISBN 10:  082230824X ISBN 13:  9780822308249
Publisher: Duke University Press Books, 1988
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