Rewarding is Campagna's broad-sweep analysis of US macroeconomic policy under the several political regimes since WW I, evaluating whether these policies were `justified,' `successful,' and `rational.' Impressive historical scholarship brings alive the views and personalities of the times and provides immense detail concerning economic settings and problems of each period. ChoiceThis book examines the various economic problems of the past 70 years and critically evaluates what has been done to solve them. Claiming that previous macroeconomic policies have not been successful largely because of political problems, the book presents a cogent argument for the need for new institutions to conduct rational policies in the future.
ANTHONY S. CAMPAGNA is Professor and Chairman of the Economics Department at the University of Vermont.
Preface Introduction Part I: The Record and Early Years The Record of the United States Economic The Aftermath of War The Convulsive 1920s Part II: The Great Depression and World War II The Great Depression The Great Depression: The New Deal The Economy in World War II The Truman Administration Part III: The Postwar Years and New Directions The Eisenhower Administration and the 1950s John F. Kennedy and the New Frontier Lyndon B. Johnson and the Great Society Part IV: Economic Policy in a Changing World Richard M. Nixon and the Imperial Presidency The Ford Administration The Carter Administration The Reagan Administration and the Economics of Joy Part V: Conclusions Summary and Future Prospects
