This book describes the policy bungling by Washington politicians and Federal Reserve officials that led to the high inflation and economic instability that plagued the United States from 1965-1982. It then discusses the reversal of these policies, and how this resulted in the major economic expansion that followed.
This book describes the policy bungling by Washington politicians and Federal Reserve officials that led to the high inflation and economic instability that plagued the United States from 1965-1982. It then discusses the reversal of these policies, and how this resulted in the major economic expansion that followed.
Thomas E. Hall is Professor of Economics, Miami University.
Inhaltsangabe
Chapter 1 List of Tables and Figures Chapter 2 Preface Chapter 3 Perverse Economic Policies Can Destroy an Economy Chapter 4 The Phillips Curve Chapter 5 Bretton Woods Chapter 6 Inflation and the Federal Reserve Chapter 7 Regulation Q Chapter 8 Wage and Price Controls in Action Chapter 9 Energy Crisis, Act I: Price Controls, Import Quota, and the Oil Embargo Chapter 10 The 1973-1975 Recession Chapter 11 The Energy Crisis, Act II: The Moral Equivalent of War (MEOW) Chapter 12 Paul Volcker at Federal Reserve Chapter 13 Reaganomics Chapter 14 The 1981-1982 Recession Chapter 15 The 1980s Economic Expansion Chapter 16 A Summing Up
Chapter 1 List of Tables and Figures Chapter 2 Preface Chapter 3 Perverse Economic Policies Can Destroy an Economy Chapter 4 The Phillips Curve Chapter 5 Bretton Woods Chapter 6 Inflation and the Federal Reserve Chapter 7 Regulation Q Chapter 8 Wage and Price Controls in Action Chapter 9 Energy Crisis, Act I: Price Controls, Import Quota, and the Oil Embargo Chapter 10 The 1973-1975 Recession Chapter 11 The Energy Crisis, Act II: The Moral Equivalent of War (MEOW) Chapter 12 Paul Volcker at Federal Reserve Chapter 13 Reaganomics Chapter 14 The 1981-1982 Recession Chapter 15 The 1980s Economic Expansion Chapter 16 A Summing Up
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