Two Revolutions in Economic Policy. The First Economic Reports of Presidents Kennedy and Reagan

Tobin, J. & Weidenbaum, M.

ISBN 10: 0262700344 / ISBN 13: 9780262700344

About this Item

1988. The MIT Press. Hardback. Book - VG.

Seller Inventory # 27163

Bibliographic Details

• Title: Two Revolutions in Economic Policy. The First Economic Reports of Presidents Kennedy and Reagan
• ISBN 10: 0262700344
• ISBN 13: 9780262700344

About this title

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.

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.