The Anatomy of Double Digit Inflation in the 1970s
| Author | : Alan S. Blinder |
| Publisher | : |
| Total Pages | : 25 |
| Release | : 1981 |
| Genre | : Inflation (Finance) |
| ISBN | : |
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Inflation
| Author | : Robert E. Hall |
| Publisher | : University of Chicago Press |
| Total Pages | : 302 |
| Release | : 2009-05-15 |
| Genre | : Business & Economics |
| ISBN | : 0226313255 |
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This volume presents the latest thoughts of a brilliant group of young economists on one of the most persistent economic problems facing the United States and the world, inflation. Rather than attempting an encyclopedic effort or offering specific policy recommendations, the contributors have emphasized the diagnosis of problems and the description of events that economists most thoroughly understand. Reflecting a dozen diverse views—many of which challenge established orthodoxy—they illuminate the economic and political processes involved in this important issue.
Economic Policy and the Great Stagflation
| Author | : Alan S. Blinder |
| Publisher | : Elsevier |
| Total Pages | : 244 |
| Release | : 2013-09-11 |
| Genre | : Business & Economics |
| ISBN | : 1483264564 |
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Economic Policy and the Great Stagflation discusses the national economic policy and economics as a policy-oriented science. This book summarizes what economists do and do not know about the inflation and recession that affected the U.S. economy during the years of the Great Stagflation in the mid-1970s. The topics discussed include the basic concepts of stagflation, turbulent economic history of 1971-1976, anatomy of the great recession and inflation, and legacy of the Great Stagflation. The relation of wage-price controls, fiscal policy, and monetary policy to the Great Stagflation is also elaborated. This publication is beneficial to economists and students researching on the history of the Great Stagflation and policy errors of the 1970s.
The Great Inflation
| Author | : Michael D. Bordo |
| Publisher | : University of Chicago Press |
| Total Pages | : 545 |
| Release | : 2013-06-28 |
| Genre | : Business & Economics |
| ISBN | : 0226066959 |
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Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Monetary Conditions for Economic Recovery
| Author | : C. van Ewijk |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 342 |
| Release | : 2012-12-06 |
| Genre | : Business & Economics |
| ISBN | : 9400951493 |
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An international symposium on Monetary Conditions for Economic Recovery was organised in Amsterdam from 14-16 November 1984 by the Department of Macroeconomics, Faculty of Economics of the University of Amsterdam, to honour its distinguished member, Professor G. A. Kessler, who had recently retired from his Chair of Monetary Econo mics. Experts on monetary theory and monetary policy from various parts of the world took part in the discussions on both the theoretical and practical aspects of the theme. The papers have been collected in this volume. Our debts in organizing the symposium and preparing this volume for publication are many. The symposium was financed through the support of a number of sponsors whose names have been listed on the next page. The Netherlands Bank accommodated the conference sessions. The organizing Committee owes much to the successful efforts of its members Jean Morreau, Casper van Ewijk and Annette Deckers. We are grateful to the President of the Netherlands Bank for his intro ductory speech on the work of Professor Kessler, which is included in this volume. Wouter Zant assisted in editing the volume for publication.
A Monetary and Fiscal History of the United States, 1961–2021
| Author | : Alan S. Blinder |
| Publisher | : Princeton University Press |
| Total Pages | : 440 |
| Release | : 2024-04-16 |
| Genre | : Business & Economics |
| ISBN | : 0691238405 |
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From the New York Times bestselling author, the fascinating story of U.S. economic policy from Kennedy to Biden—filled with lessons for today In this book, Alan Blinder, one of the world’s most influential economists and one of the field’s best writers, draws on his deep firsthand experience to provide an authoritative account of sixty years of monetary and fiscal policy in the United States. Spanning twelve presidents, from John F. Kennedy to Joe Biden, and eight Federal Reserve chairs, from William McChesney Martin to Jerome Powell, this is an insider’s story of macroeconomic policy that hasn’t been told before—one that is a pleasure to read, and as interesting as it is important. Focusing on the most significant developments and long-term changes, Blinder traces the highs and lows of monetary and fiscal policy, which have by turns cooperated and clashed through many recessions and several long booms over the past six decades. From the fiscal policy of Kennedy’s New Frontier to Biden’s responses to the pandemic, the book takes readers through the stagflation of the 1970s, the conquest of inflation under Jimmy Carter and Paul Volcker, the rise of Reaganomics, and the bubbles of the 2000s before bringing the story up through recent events—including the financial crisis, the Great Recession, and monetary policy during COVID-19. A lively and concise narrative that is sure to become a classic, A Monetary and Fiscal History of the United States, 1961–2021 is filled with vital lessons for anyone who wants to better understand where the economy has been—and where it might be headed.
Cheap and Clean
| Author | : Stephen Ansolabehere |
| Publisher | : MIT Press |
| Total Pages | : 273 |
| Release | : 2016-10-07 |
| Genre | : Science |
| ISBN | : 0262529688 |
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How Americans make energy choices, why they think locally (not globally), and how this can shape U.S. energy and climate change policy. How do Americans think about energy? Is the debate over fossil fuels highly partisan and ideological? Does public opinion about fossil fuels and alternative energies divide along the fault between red states and blue states? And how much do concerns about climate change weigh on their opinions? In Cheap and Clean, Stephen Ansolabehere and David Konisky show that Americans are more pragmatic than ideological in their opinions about energy alternatives, more unified than divided about their main concerns, and more local than global in their approach to energy. Drawing on extensive surveys they designed and conducted over the course of a decade (in conjunction with MIT's Energy Initiative), Ansolabehere and Konisky report that beliefs about the costs and environmental harms associated with particular fuels drive public opinions about energy. People approach energy choices as consumers, and what is most important to them is simply that energy be cheap and clean. Most of us want energy at low economic cost and with little social cost (that is, minimal health risk from pollution). The authors also find that although environmental concerns weigh heavily in people's energy preferences, these concerns are local and not global. Worries about global warming are less pressing to most than worries about their own city's smog and toxic waste. With this in mind, Ansolabehere and Konisky argue for policies that target both local pollutants and carbon emissions (the main source of global warming). The local and immediate nature of people's energy concerns can be the starting point for a new approach to energy and climate change policy.
Unexpected Revolutionaries
| Author | : Manuela Moschella |
| Publisher | : Cornell University Press |
| Total Pages | : 205 |
| Release | : 2024-05-15 |
| Genre | : Business & Economics |
| ISBN | : 1501774867 |
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In Unexpected Revolutionaries, Manuela Moschella investigates the institutional transformation of central banks from the 1970s to the present. Central banks are typically regarded as conservative, politically neutral institutions that uphold conventional macroeconomic wisdom. Yet in the wake of the 2008 global financial crisis and the 2020 COVID-19 crisis, central banks have upended observer expectations by implementing largely unknown and unconventional monetary policies. Far from abiding by well-established policy playbooks, central banks now engage in practices such as providing liquidity support for a wide range of financial institutions and quantitative easing. They have even stretched the remit of monetary policy into issues such as inequality and climate change. Moschella argues that the political nature of central banks lies at the heart of these transformations. While formally independent, central banks need political support to justify their policies and powers, and to obtain it, they carefully manage their reputation among their audienceselected officials, market actors, and citizens. Challenged by reputational threats brought about by twenty-first-century recessionary and deflationary forces, central banks such as the Federal Reserve System and the European Central Bank strategically deviated from orthodox monetary policies to preempt or manage political backlash and to regain public trust. Central banks thus evolved into a new role only in coordination with fiscal authorities and on the back of public contestation. Eye-opening and insightful, Unexpected Revolutionaries is necessary reading for discussions on the future of the neoliberal macroeconomic regime, the democratic oversight of monetary policymaking, and the role that central banks canor cannotplay in our domestic economies.
Jane Crow
| Author | : Rosalind Rosenberg |
| Publisher | : Oxford University Press |
| Total Pages | : 513 |
| Release | : 2020-01-13 |
| Genre | : Biography & Autobiography |
| ISBN | : 019005381X |
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Euro-African-American activist Pauli Murray was a feminist lawyer, who played pivotal roles in both the modern civil rights and women's movements. Born in 1910 and identified as female, she believed from childhood she was male. Before there was a social movement to support transgender identity, she devised attacks on all arbitrary distinctions, greatly expanding the idea of equality in the process.
Life After Power
| Author | : Jared Cohen |
| Publisher | : Simon and Schuster |
| Total Pages | : 512 |
| Release | : 2024-02-13 |
| Genre | : Biography & Autobiography |
| ISBN | : 198215456X |
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New York Times Bestseller New York Times bestselling author of Accidental Presidents explores what happens after the most powerful job in the world: President of the United States. Former presidents have an unusual place in American life. King George III believed that George Washington’s departure after two terms made him “the greatest character of the age.” But Alexander Hamilton worried former presidents might “[wander] among the people like ghosts.” They were both right. Life After Power tells the stories of seven former presidents, from the Founding to today. Each changed history. Each offered lessons about how to decide what to do in the next chapter of life. Thomas Jefferson was the first former president to accomplish great things after the White House, shaping public debates and founding the University of Virginia, an accomplishment he included on his tombstone, unlike his presidency. John Quincy Adams served in Congress and became a leading abolitionist, passing the torch to Abraham Lincoln. Grover Cleveland was the only president in American history to serve a nonconsecutive term. William Howard Taft became Chief Justice of the Supreme Court. Herbert Hoover shaped the modern conservative movement, led relief efforts after World War II, reorganized the executive branch, and reconciled John F. Kennedy and Richard Nixon. Jimmy Carter had the longest post-presidency in American history, advancing humanitarian causes, human rights, and peace. George W. Bush made a clean break from politics, bringing back George Washington’s precedent, and reminding the public that the institution of the presidency is bigger than any person. Jared Cohen explores the untold stories in the final chapters of these presidents’ lives, offering a gripping and illuminating account of how they went from President of the United States one day, to ordinary citizens the next. He tells how they handled very human problems of ego, finances, and questions about their legacy and mortality. He shows how these men made history after they left the White House.
