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Macroeconomics After Thatcher And Reagan
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Author :John N. Smithin Publisher :Aldershot, Hants, England ; Brookfield, Vt., USA : E. Elgar ISBN 13 : Total Pages :216 pages Book Rating :4.:/5 (321 download)
Book Synopsis Macroeconomics After Thatcher and Reagan by : John N. Smithin
Download or read book Macroeconomics After Thatcher and Reagan written by John N. Smithin and published by Aldershot, Hants, England ; Brookfield, Vt., USA : E. Elgar. This book was released on 1990 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This widely acclaimed book critically assesses the attempts to put the various 'conservative economic' theories into practice. It identifies the disparate and often conflicting elements of the new economic philosophy including monetarism, 'supply-side' economics and the new classical economics. It distinguishes the purely macroeconomic parts of the strategy from those with a more microeconomic focus such as deregulation and privatization. It makes a detailed comparison of the very different directions which the 'conservative revolution' has taken in Britain and the United States, and suggests some alternative policy principles for the future.
Author :John N. Smithin Publisher :Aldershot, Hants, England ; Brookfield, Vt., USA : E. Elgar ISBN 13 : Total Pages :216 pages Book Rating :4.F/5 ( download)
Book Synopsis Macroeconomics After Thatcher and Reagan by : John N. Smithin
Download or read book Macroeconomics After Thatcher and Reagan written by John N. Smithin and published by Aldershot, Hants, England ; Brookfield, Vt., USA : E. Elgar. This book was released on 1990 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This widely acclaimed book critically assesses the attempts to put the various 'conservative economic' theories into practice. It identifies the disparate and often conflicting elements of the new economic philosophy including monetarism, 'supply-side' economics and the new classical economics. It distinguishes the purely macroeconomic parts of the strategy from those with a more microeconomic focus such as deregulation and privatization. It makes a detailed comparison of the very different directions which the 'conservative revolution' has taken in Britain and the United States, and suggests some alternative policy principles for the future.
Book Synopsis Fiscal Policy Convergence from Reagan to Blair by : Arthur T. Denzau
Download or read book Fiscal Policy Convergence from Reagan to Blair written by Arthur T. Denzau and published by Routledge. This book was released on 2003-10-30 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book charts the rise of consensus politics over the last two decades that has seen Republican and Conservative economic policy under Reagan, Bush, Thatcher and Major change little with Democrat and 'New' Labour under Clinton and Blair.
Book Synopsis Comparative Political Macroeconomic Policy Analysis by : Stephen Gene Knopp
Download or read book Comparative Political Macroeconomic Policy Analysis written by Stephen Gene Knopp and published by . This book was released on 2005 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Ronald Reagan and Margaret Thatcher by : Nicholas Wapshott
Download or read book Ronald Reagan and Margaret Thatcher written by Nicholas Wapshott and published by Penguin. This book was released on 2007-11-08 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: New details of the remarkable relationship between two leaders who teamed up to change history. It?s well known that Ronald Reagan and Margaret Thatcher were close allies and kindred political spirits. During their eight overlapping years as U.S. president and UK prime minister, they stood united for free markets, low taxes, and a strong defense against communism. But just how close they really were will surprise you. Nicholas Wapshott finds that the Reagan-Thatcher relationship was much deeper than an alliance of mutual interests. Drawing on extensive interviews and hundreds of recently declassified private letters and telephone calls, he depicts a more complex, intimate, and occasionally combative relationship than has previously been revealed.
Book Synopsis Beyond Barter: Lectures In Monetary Economics After 'Rethinking' by : John Smithin
Download or read book Beyond Barter: Lectures In Monetary Economics After 'Rethinking' written by John Smithin and published by World Scientific. This book was released on 2022-04-21 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: The conventional macroeconomic theory of the late twentieth and early twenty-first century, based on the assumption that the working of complex monetary economy could be analysed on the same principles as those of barter exchange, has demonstrably failed. This book provides a thorough rethinking of the nature of a monetary economy. It builds upon a complete theory of the domestic and international monetary macro-economy, and of macroeconomic policy for the modern age. Central to the analysis is the idea that a successful market economy requires an endogenous supply of money via the banking system. Therefore to achieve macroeconomic stability, the book proposes the targeting of real interest rates under a regime of flexible exchange rates or 'fixed but adjustable exchange rates' as the main goal of monetary policy, along with a range of innovative fiscal and trade policies to promote economic growth, and thereby achieve full employment and a fair distribution of income.
Book Synopsis Margaret Thatcher and Ronald Reagan by : J. Cooper
Download or read book Margaret Thatcher and Ronald Reagan written by J. Cooper and published by Springer. This book was released on 2012-10-10 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new exploration of the relationship between the Margaret Thatcher and Ronald Reagan administrations in domestic policy. Using recently released documentary material and extensive research interviews, James Cooper demonstrates how specific policy transfer between these 'political soul mates' was more limited than is typically assumed.
Book Synopsis Neoliberalism: A Very Short Introduction by : Manfred B. Steger
Download or read book Neoliberalism: A Very Short Introduction written by Manfred B. Steger and published by OUP Oxford. This book was released on 2010-01-21 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: Anchored in the principles of the free-market economics, 'neoliberalism' has been associated with such different political leaders as Ronald Reagan, Margaret Thatcher, Bill Clinton, Tony Blair, Augusto Pinochet, and Junichiro Koizumi. In its heyday during the late 1990s, neoliberalism emerged as the world's dominant economic paradigm stretching from the Anglo-American heartlands of capitalism to the former communist bloc all the way to the developing regions of the global South. At the dawn of the new century, however, neoliberalism has been discredited as the global economy, built on its principles, has been shaken to its core by a financial calamity not seen since the dark years of the 1930s. So is neoliberalism doomed or will it regain its former glory? Will reform-minded G-20 leaders embark on a genuine new course or try to claw their way back to the neoliberal glory days of the Roaring Nineties? Is there a viable alternative to neoliberalism? Exploring the origins, core claims, and considerable variations of neoliberalism, this Very Short Introduction offers a concise and accessible introduction to one of the most debated 'isms' of our time. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.
Book Synopsis A Conservative Revolution? by : Andrew Adonis
Download or read book A Conservative Revolution? written by Andrew Adonis and published by Manchester University Press. This book was released on 1994 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addresses the question of whether there was a distinctive Anglo-American Conservative revolution under Reagan and Thatcher, and examines the political elites, political ideas and policy communities animating the Anglo-American right wing during the 1980s.
Book Synopsis Rational Expectations and Inflation by : Thomas J. Sargent
Download or read book Rational Expectations and Inflation written by Thomas J. Sargent and published by Princeton University Press. This book was released on 2013-05-05 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fully expanded edition of the Nobel Prize–winning economist's classic book This collection of essays uses the lens of rational expectations theory to examine how governments anticipate and plan for inflation, and provides insight into the pioneering research for which Thomas Sargent was awarded the 2011 Nobel Prize in economics. Rational expectations theory is based on the simple premise that people will use all the information available to them in making economic decisions, yet applying the theory to macroeconomics and econometrics is technically demanding. Here, Sargent engages with practical problems in economics in a less formal, noneconometric way, demonstrating how rational expectations can satisfactorily interpret a range of historical and contemporary events. He focuses on periods of actual or threatened depreciation in the value of a nation's currency. Drawing on historical attempts to counter inflation, from the French Revolution and the aftermath of World War I to the economic policies of Margaret Thatcher and Ronald Reagan, Sargent finds that there is no purely monetary cure for inflation; rather, monetary and fiscal policies must be coordinated. This fully expanded edition of Rational Expectations and Inflation includes Sargent's 2011 Nobel lecture, "United States Then, Europe Now." It also features new articles on the macroeconomics of the French Revolution and government budget deficits.
Book Synopsis Controversies in Monetary Economics by : John N. Smithin
Download or read book Controversies in Monetary Economics written by John N. Smithin and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'John Smithin's erudite and eloquent Controversies in Monetary Economics (now in a revised second edition) reminds us that a cashless economy is by no means a moneyless economy. Drawing on Keynes's concept of monetary production and on the later work of Sir John Hicks, Smithin argues persuasively for the continuing central importance of money in understanding interest rate determination and economic fluctuations. This insightful book illuminates the role of monetary policy, notably within the European Monetary Union.' - Robert W. Dimand, Brock University, Canada 'This book provides an excellent overview of the controversies that have driven debate about monetary theory and policy over the last two centuries. I highly recommend the book for use in advanced undergraduate or graduate courses. This new edition revises and updates some of the arguments, with some additional treatment of orthodoxy so that it can serve as a stand-alone text in monetary theory courses.' - L. Randall Wray, University of Missouri, US 'John Smithin is one of the deepest thinkers writing today about monetary matters in modern economics. Not only has he a thorough and full knowledge of past contributions, he is also an original thinker in his own right. The processes he depicts at work in modern economies are immediately recognisable and make good sense. He allies his theoretical understanding with advocacy of wise and humane policies. In John Smithin's writings the spirits of Keynes and Hicks live on, with also, dare I say it, the insights of Marx about the relationship between the real and the monetary in capitalism. Any student brought up on Smithin's clear and lucid accounts of controversies in monetary economics will have a firm grounding on which to base their understanding of the world around them.' - G.C. Harcourt, Jesus College, Cambridge, UK This influential volume, which has been revised and updated for the twenty-first century, includes both new material and more detailed expositions of existing arguments. Although so-called 'real' theories of business cycles and growth are prevalent in contemporary mainstream economics, Controversies in Monetary Economics suggests that those economists who have instinctively focused on monetary factors in explaining macroeconomic behaviour are more genuinely 'realistic'. The author combines an explanation of past and present monetary controversy with practical proposals for the conduct of monetary policy in the contemporary global economy. Several alternative approaches are discussed, ranging from the traditional quantity theory to post Keynesian theories of endogenous money. This insightful book will be of interest to all those concerned with monetary economics and macroeconomics, including academic researchers, graduate and senior undergraduate students - particularly those looking for an alternative to current economic orthodoxy - and historians of economic thought. Practitioners in central banks, international financial institutions, the financial markets and finance ministries will also find this work invaluable.
Book Synopsis Macroeconomic Theory and Macroeconomic Pedagogy by : G. Fontana
Download or read book Macroeconomic Theory and Macroeconomic Pedagogy written by G. Fontana and published by Springer. This book was released on 2016-04-30 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to showcase and advance recent debates over the extent to which undergraduate macroeconomics teaching models adequately reflect the latest developments in the field. It contains 16 essays on topics including the 3-equation New Consensus model, extensions and alternatives to this model, and endogenous money and finance.
Book Synopsis Debates in Monetary Macroeconomics by : Steven Pressman
Download or read book Debates in Monetary Macroeconomics written by Steven Pressman and published by Springer Nature. This book was released on 2022-11-30 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume presents the key unresolved debates in monetary macroeconomics, covering the five topics of budget, trade, taxes, exchange rates and monetary policy. For each topic, there are two authors — one arguing for a certain policy and one against. The book takes an approach eschewing mathematics or econometrics, instead presenting arguments in the spirit of political economy - while incorporating the most recent thinking in macroeconomics. This approach, combined with the objective of encouraging debate, makes the book ideal reading for students of monetary macroeconomics, researchers seeking alternative views, and the general public.
Book Synopsis The A to Z of the Reagan-Bush Era by : Richard S. Conley
Download or read book The A to Z of the Reagan-Bush Era written by Richard S. Conley and published by Scarecrow Press. This book was released on 2009-09-28 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1980s and early 1990s were remarkable for the triumph of conservatism in the United States and its closest allies. The victories of Presidents Ronald Reagan and George H.W. Bush in the United States were complemented by the electoral successes of Margaret Thatcher in the United Kingdom and Brian Mulroney in Canada. The relationship between Reagan and Bush and their conservative counterparts was particularly important in providing a united front on foreign policy, whether the target was the Soviet Union, Communist insurgencies in Africa or Latin America, or Iraqi dictator Saddam Hussein. The Reagan-Bush era witnessed some of the most dramatic events of the latter half of the 20th century: the collapse of the Soviet Union, a presidential assassination attempt, political scandal, a stock market crash, military invasions, and the explosion of the space shuttle Challenger. The A to Z of the Reagan-Bush Era relates these events and provides extensive political, economic, and social background on this era through a detailed chronology, an introduction, appendixes, a bibliography, and several hundred cross-referenced dictionary entries on important persons, events, institutions, policies, and issues.
Book Synopsis The Transformation of the World Economy, 1980-93 by : Robert Solomon
Download or read book The Transformation of the World Economy, 1980-93 written by Robert Solomon and published by . This book was released on 1994 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transformation since 1980 of many industrial countries, communist nations and numerous developing countries entails a shift away from government involvement in economies toward greater reliance on market forces. This book analyzes these dramatic change
Book Synopsis Surrender by : Michael Allen Meeropol
Download or read book Surrender written by Michael Allen Meeropol and published by University of Michigan Press. This book was released on 2017-07-19 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Michael Meeropol argues that the ballooning of the federal budget deficit was not a serious problem in the 1980s, nor were the successful recent efforts to get it under control the basis for the prosperous economy of the mid-1990s. In this controversial book, the author provides a close look at what actually happened to the American economy during the years of the "Reagan Revolution" and reveals that the huge deficits had no negative effect on the economy. It was the other policies of the Reagan years--high interest rates to fight inflation, supply-side tax cuts, reductions in regulation, increased advantages for investors and the wealthy, the unraveling of the safety net for the poor--that were unsuccessful in generating more rapid growth and other economic improvements. Meeropol provides compelling evidence of the failure of the U.S. economy between 1990 and 1994 to generate rising incomes for most of the population or improvements in productivity. This caused, first, the electoral repudiation of President Bush in 1992, followed by a repudiation of President Clinton in the 1994 Congressional elections. The Clinton administration made a half-hearted attempt to reverse the Reagan Revolution in economic policy, but ultimately surrendered to the Republican Congressional majority in 1996 when Clinton promised to balance the budget by 2000 and signed the welfare reform bill. The rapid growth of the economy in 1997 caused surprisingly high government revenues, a dramatic fall in the federal budget deficit, and a brief euphoria evident in an almost uncontrollable stock market boom. Finally, Meeropol argues powerfully that the next recession, certain to come before the end of 1999, will turn the predicted path to budget balance and millennial prosperity into a painful joke on the hubris of public policymakers. Accessibly written as a work of recent history and public policy as much as economics, this book is intended for all Americans interested in issues of economic policy, especially the budget deficit and the Clinton versus Congress debates. No specialized training in economics is needed. "A wonderfully accessible discussion of contemporary American economic policy. Meeropol demonstrates that the Reagan-era policies of tax cuts and shredded safety nets, coupled with strident talk of balanced budgets, have been continued and even brought to fruition by the neo-liberal Clinton regime." --Frances Fox Piven, Graduate School, City University of New York Michael Meeropol is Chair and Professor of Economics, Western New England College.
Book Synopsis Money and Government by : Robert Skidelsky
Download or read book Money and Government written by Robert Skidelsky and published by Yale University Press. This book was released on 2018-11-13 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: A critical examination of economics' past and future, and how it needs to change, by one of the most eminent political economists of our time The dominant view in economics is that money and government should play only minor roles in economic life. Economic outcomes, it is claimed, are best left to the "invisible hand" of the market. Yet these claims remain staunchly unsettled. The view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any market economy. Since Adam Smith, classical economics has espoused non-intervention in markets. The Great Depression brought Keynesian economics to the fore; but stagflation in the 1970s brought a return to small-state orthodoxy. The 2008 global financial crash should have brought a reevaluation of that stance; instead the response has been punishing austerity and anemic recovery. This book aims to reintroduce Keynes’s central insights to a new generation of economists, and embolden them to return money and government to the starring roles in the economic drama that they deserve.
