Inflation Depression And Economic Policy In The West

Author : Anthony S. Courakis
Publisher : Rowman & Littlefield
ISBN 13 : 9780389201441
Total Pages : 392 pages
Book Rating : 4.48/5 ( download)

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Download or read book Inflation, Depression, and Economic Policy in the West written by Anthony S. Courakis and published by Rowman & Littlefield. This book was released on 1981 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experience during the last ten years has encouraged economists to review their judgements regarding behavior and policy. The experience of the 1970s brought inflation to prominence in the minds of policymakers and academic economists, raising questions about labor markets and other supply considerations, but also resulting in an atmosphere conducive to increasing attention on monetary and financial variables. An account of some of the issues that, in this environment, occupied the thoughts of economists and conditioned the responses of policymakers in various Western countries is what this volume is about.

Author : Leon Lindberg
Publisher : Brookings Institution Press
ISBN 13 : 9780815723677
Total Pages : 646 pages
Book Rating : 4.79/5 ( download)

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Download or read book The Politics of Inflation and Economic Stagnation written by Leon Lindberg and published by Brookings Institution Press. This book was released on 1985-06-01 with total page 646 pages. Available in PDF, EPUB and Kindle. Book excerpt: The inflation of the 1970s represented the greatest peacetime disruption of the Western economies since the Depression. Even as inflation receded, the recession in its wake brought more joblessness than at any time since the 1930s. The governments of industrialized nations found that the economic policies they had developed since World War II no longer assured price stability or high employment. What are the lessons of over a decade of economic difficulty? In this conference volume, which focuses on aspects of the crisis that economists often presuppose to be beyond control, the authors analyze the political and social underpinning of inflation and recession. Part 1 places the economic problems of the 1970s in the historical context of postwar development and then compares economic and political science analyses of inflation. Part 2 examines how rivalries between social groups affect inflationary processes. One chapter draws on the history of Latin American inflation to suggest the conflicts in play. Two others weigh the role of labor and industry in the formation of economic policy. And another shows how rivalry between countries, like rivalry between classes at home, permitted inflation to rise. The chapters in part 3 contest the claim that big government or big labor causes inflation. Two studies emphasize that a high degree of public expenditure does not itself lead to inflation. Further contributions explore the role of central banks and subject such concepts as the political business cycle to critical analysis. Part 4 comprises case studies about macroeconomic policymaking in four nations: Italy, Germany, Japan, and Sweden. The studies reveal what institutional attributes rendered those countries resistant to inflation or vulnerable to economic setback. In the last part, the editors pull together the findings and lay out the contemporary political feasibility of alternative approaches to macroeconomic management.

Author : Murray Newton Rothbard
Publisher : Ludwig von Mises Institute
ISBN 13 : 1610161378
Total Pages : 412 pages
Book Rating : 4.74/5 ( download)

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Download or read book America's Great Depression written by Murray Newton Rothbard and published by Ludwig von Mises Institute. This book was released on 2000 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applied Austrian economics doesn't get better than this. Murray N. Rothbard's America's Great Depression is a staple of modern economic literature and crucial for understanding a pivotal event in American and world history. The book remains canonical today because the debate is still very alive. This book applies Austrian business cycle theory to understanding the onset of the 1929 Great Depression. Rothbard first summarizes the Austrian theory and offers a criticism of competing theories, including the views of Keynes. Rothbard then considers Federal Reserve policy in the 1920s, showing its inflationary character. The influence of Benjamin Strong, the Governor of the New York Federal Reserve Bank, was especially important. In part, his expansionary policy was motivated by his desire to help Britain sustain the pound. Strong was close friends with Montagu Norman, the Governor of the Bank of England. After the 1929 crash, Herbert Hoover followed an interventionist policy that prefigured the New Deal. He favored keeping wage rates high and thus contributed to rising unemployment. Against the popular stereotype, Rothbard shows that Hoover was not a partisan of laissez-faire.

Author : Hyman P. Minsky
Publisher : Brighton, Sussex : Wheatsheaf Books
ISBN 13 :
Total Pages : 336 pages
Book Rating : 4.56/5 ( download)

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Download or read book Inflation, Recession and Economic Policy written by Hyman P. Minsky and published by Brighton, Sussex : Wheatsheaf Books. This book was released on 1982 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Clark Warburton
Publisher : Johns Hopkins University Press
ISBN 13 :
Total Pages : 466 pages
Book Rating : 4.22/5 ( download)

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Download or read book Depression, Inflation, and Monetary Policy written by Clark Warburton and published by Johns Hopkins University Press. This book was released on 1966 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Cy Gonick
Publisher : James Lorimer & Company
ISBN 13 : 9780888620798
Total Pages : 464 pages
Book Rating : 4.99/5 ( download)

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Download or read book Inflation or Depression written by Cy Gonick and published by James Lorimer & Company. This book was released on 1975-01-01 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in the mid-1970s, Inflation or Depression attributes the contemporary world economic crisis to the post-Vietnam War decline of the U.S. as a preeminent world economic power. Rather than offering abstract economic theory, Gonick's analysis is based on the actual behaviour of multinational corporations, on the links that bind Western economies together, and on the limitations determining the economic policies of Canada and other countries. The author traces a consistent pattern by which U.S. policymakers intentionally exported their economic problems abroad during the early '70s. Inflation or Depression offers a bold interpretation of the malaise affecting the world economy at the beginning of the 1970s.

Author : Jeffrey A. Frankel
Publisher : Peterson Institute
ISBN 13 : 9780881322026
Total Pages : 392 pages
Book Rating : 4.24/5 ( download)

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Download or read book Regional Trading Blocs in the World Economic System written by Jeffrey A. Frankel and published by Peterson Institute. This book was released on 1997 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers trends from 1957 to 1995.

Author : Committee for Economic Development (United States)
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.98/5 ( download)

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Download or read book Jobs and Markets, how to Prevent Inflation and Depression in the Transition written by Committee for Economic Development (United States) and published by . This book was released on 1946 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Thomas E. Hall
Publisher :
ISBN 13 :
Total Pages : 224 pages
Book Rating : 4.05/5 ( download)

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Download or read book The Great Depression written by Thomas E. Hall and published by . This book was released on 1998-03-02 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: A concise analysis of the economic policy mistakes that led to the Great Depression and the consequences that followed

Author : Douglas Steeples
Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313002207
Total Pages : 276 pages
Book Rating : 4.05/5 ( download)

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Download or read book Democracy in Desperation written by Douglas Steeples and published by Bloomsbury Publishing USA. This book was released on 1998-09-24 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Panic of 1893 and the depression it triggered mark one of the decisive crises in American history. Devastating broad sections of the country like a tidal wave, the depression forced the nation to change its way of life and altered the pattern and pace of national development ever after. The depression served as the setting for the transformation from an agricultural to an industrial society, exposed grave economic and social problems, sharply tested the country's resourcefulness, reshaped popular thought, and changed the direction of foreign policy. It was a crucible in which the elements of the modern United States were clarified and refined. Yet no study to date has examined the depression in its entirety. This is the first book to treat these disparate matters in detail, and to trace and interpret the business contraction of the 1890s in the context of national economic, political, and social development. Steeples and Whitten first explain the origins of the depression, measure its course, and interpret the business recovery, giving full coverage to structural changes in the economy; namely, the growing importance of manufacturing, emergence of new industries, consolidation of business, and increasing importance of finance capitalism. The remainder of the book examines the depression's impact on society—discussing, for example, unemployment, birth rate, health, and education—and on American culture, politics and international relations. Placing the business collapse at the center of the scene, the book shows how the depression was a catalyst for ushering in a more modern America.