William R. Keech

Economic Politics in the United States

The Costs and Risks of Democracy

• Gebundenes Buch

Produktbeschreibung

The book shows how and why democracy has worked well or badly as measured by US macroeconomic performance.

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Produktdetails

• Verlag: Cambridge University Press
• Seitenzahl: 306
• Erscheinungstermin: 1. Oktober 2013
• Englisch
• Abmessung: 235mm x 157mm x 23mm
• Gewicht: 652g
• ISBN-13: 9781107004146
• ISBN-10: 1107004144
• Artikelnr.: 39533594

Autorenporträt

William Keech is Research Professor of Political Economy in the Department of Political Science at Duke University. Keech is the author of numerous books, including the first edition of Economic Politics in the United States (Cambridge University Press, 1995), and his articles have appeared in academic journals such as the American Political Science Review, Public Choice, and the American Economic Review. Most of his academic career has been at the University of North Carolina, Chapel Hill and Carnegie Mellon University. He has been president of the Southern Political Science Association and a member of the Council of the American Political Science Association. He received his PhD from the University of Wisconsin, Madison.

Inhaltsangabe

Part I. Introduction: 1. Macroeconomic politics and the costs and risks of
democracy; 2. Macroeconomic theories and their political implications; Part
II. Models of Macroeconomic Politics: 3. Models of accountability and
opportunism: the electoral cycle; 4. Models of choice: partisanship; 5.
Unintended consequences, moral hazard, and time consistency; Part III. The
Sources and Authority of Macroeconomic Goals: 6. The authority of
macroeconomic goals; 7. Voters, elections, accountability, and choice; Part
IV. Institutions and Processes: 8. Rules, discretion, and accountability in
the monetary policy process; 9. Rules, discretion, and accountability in
the fiscal policy process; Part IV. Conclusion: 10. The costs and risks of
democracy.

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Part I. Introduction: 1. Macroeconomic politics and the costs and risks of democracy; 2. Macroeconomic theories and their political implications; Part II. Models of Macroeconomic Politics: 3. Models of accountability and opportunism: the electoral cycle; 4. Models of choice: partisanship; 5. Unintended consequences, moral hazard, and time consistency; Part III. The Sources and Authority of Macroeconomic Goals: 6. The authority of macroeconomic goals; 7. Voters, elections, accountability, and choice; Part IV. Institutions and Processes: 8. Rules, discretion, and accountability in the monetary policy process; 9. Rules, discretion, and accountability in the fiscal policy process; Part IV. Conclusion: 10. The costs and risks of democracy.

Rezensionen

'In this important new edition, Bill Keech, one of the first political scientists to apply macroeconomic tools and research to political questions, revisits his prior inquiry on the 'health' of economic politics. But, in doing so, he also extends his discussion to incorporate many new findings in macro political economy. These additional results enhance our understanding of how and how well representative government performs. What is more, this book reflects the author's qualities: clear in exposition and sober in outlook. Very few social scientists have his scholarly breadth to engage the varied literatures from different disciplines - and even fewer could have written a contribution like this.' Jim Granato, University of Houston