Tuesday , February 18 2020
Home / Book / American Economic Policy in the 1990s (MIT Press)

American Economic Policy in the 1990s (MIT Press)

The 1990s saw the best economic performance in the United States in three decades. Strong economic growth and falling unemployment were accompanied by low inflation and rising budget surpluses. Although personal bankruptcies climbed, the personal saving rate fell, and the trade deficit expanded, overall, U.S. economic performance during the 1990s was outstanding.This book is a unique attempt to write the first history of the making of American economic policy during the 1990s. One way to view it is as a “debriefing” of those who made the decisions. Each chapter is devoted to a particular area of economic policy and consists of a background paper written by leading academic economists together with short essays by prominent policymakers, many of whom served in the Clinton administration or previous administrations, and by independent observers. The questions asked about each policy area include: What were the pros and cons of alternative options under consideration? What decision was made? What were the relevant economic arguments for that decision, and what political interests were served? Were other options missing from consideration? Is it possible to judge whether the decision was the right one? Are there lessons for the future?

Author: Jeffrey A. Frankel, Peter R. Orszag,

Edition: 1st

Binding: Paperback

EAN: 9780262561518

Condition: New

Manufacturer: The MIT Press

Number of items: 1

Number of pages: 1131

Product group: Book

Studio: The MIT Press

Publication Date: 2002-04-01

Publisher: The MIT Press

Pages: 1131

ISBN: 0262561514

View this book in Amazon

Jeffrey Frankel
Jeffrey Frankel, a professor at Harvard University's Kennedy School of Government, previously served as a member of President Bill Clinton’s Council of Economic Advisers. He directs the Program in International Finance and Macroeconomics at the US National Bureau of Economic Research, where he is a member of the Business Cycle Dating Committee, the official US arbiter of recession and recovery.