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Political Business Cycles The Political Economy of Money, Inflation and Unemployment by Thomas D. Willett
  

Political Business Cycles The Political Economy of Money, Inflation and Unemployment

Synopsis

Political Business Cycles The Political Economy of Money, Inflation and Unemployment by Thomas D. Willett

The political business cycle, according to economist William Nordhaus, creates a situation in which political and bureaucratic incentives create artificial economic booms just before elections, with consequent and deleterious side effects after the ballots are counted. This work examines the issue of whether federal governmental structure inevitably leaves the U.S. economy exposed to unhealthy political influences.

About the Author

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Book Info

Publication date

1st June 1988

Author

Thomas D. Willett

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Publisher

Duke University Press

Format

Paperback
534 pages

Categories

Political science & theory
Economic theory & philosophy

ISBN

9780822308423

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