Title Political control of the economy / Edward R. Tufte

Published Princeton, N.J. : Princeton University Press, ©1978

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Description 1 online resource (xi, 168 pages) Contents Cover Page -- Half-title Page -- Title Page -- Copyright Page -- Dedication Page -- Contents -- Prefaces -- 1. The Electoral-Economic Cycle -- 2. The Electoral Cycle and Economic Policy -- 3. A Note on Elections and the International Economy -- 4. Political Parties and Macroeconomic Outcomes -- 5. Economic and Political Determinants of Electoral Outcomes -- 6. Macroeconomics under Conditions of Political Competition: Conclusions and Evaluations -- Appendix: Data Sources -- Index Summary Edward R. Tufte seeks to determine the impact of political life on the national economy of America and other capitalist democracies. The analysis demonstrates how politicians, political parties, and voters decide who gets what, when, and how in the economic arena. A nation's politics, it is argued, shape the most important aspects of economic life: inflation, unemployment, income redistribution, the growth of government, and the extent of central economic control. Both statistical data and case studies (based on interviews and Presidential documents) are brought to bear on four topics. They are: 1) the political manipulation of the economy in election years, 2) the new international electoral-economic cycle, 3) the decisive role of political leaders and parties in shaping macroeconomic outcomes, and 4) the response of the electorate to changing economic conditions. Finally, the book clarifies a central question in political economy: How can national economic policy be conducted in both a democratic and a competent fashion? Bibliography Includes bibliographical references and index Subject Economic policy. Macroeconomics. Political science. political science. POLITICAL SCIENCE / Public Policy / Economic Policy Economic policy Macroeconomics Political science Politik Wirtschaft Economische politiek. Verkiezingen. Macroeconomics -- Political aspects. United States -- Economic policy -- Political aspects. Europe -- Economic policy -- Political aspects. Form Electronic book ISBN 9780691219417 0691219419

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