More The Politics of Economic Growth in Postwar America

ISBN-10: 0195152638
ISBN-13: 9780195152630
Edition: 2002
List price: $56.00 Buy it from $36.20
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Description: James Carville famously reminded Bill Clinton throughout 1992 that "it's the economy, stupid." Yet, for the last forty years, historians of modern America have ignored the economy to focus on cultural, social, and political themes, from the birth of  More...

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Book details

List price: $56.00
Copyright year: 2002
Publisher: Oxford University Press, Incorporated
Publication date: 4/4/2002
Binding: Paperback
Pages: 320
Size: 6.25" wide x 9.50" long x 0.75" tall
Weight: 0.990
Language: English

James Carville famously reminded Bill Clinton throughout 1992 that "it's the economy, stupid." Yet, for the last forty years, historians of modern America have ignored the economy to focus on cultural, social, and political themes, from the birth of modern feminism to the fall of the Berlin Wall. Now a scholar has stepped forward to place the economy back in its rightful place, at the centre of his historical narrative. In More, Robert M. Collins re-examines the history of the United States from Franklin Delano Roosevelt to Bill Clinton, focusing on the federal government's determined pursuit of economic growth. After tracing the emergence of growth as a priority during FDR's presidency, Collins explores the record of successive administrations, highlighting both their success in fostering growth and its partisan uses. Collins reveals that the obsession with growth appears not only as a matterof policy, but as an expression of Cold War ideology--both a means to pay for the arms build-up and proof of the superiority of the United States' market economy. But under Johnson, this enthusiasm sparked a crisis: spending on Vietnam unleashed runaway inflation, while the nation struggled with the moralconsequences of its prosperity, reflected in books such as John Kenneth Galbraith's The Affluent Society and Rachel Carson's Silent Spring. More continues up to the end of the 1990s, as Collins explains the real impact of Reagan's policies and astutely assesses Clinton's "disciplined growthmanship," which combined deficit reduction and a relaxed but watchful monetary policy by the Federal Reserve. Writing with eloquence and analytical clarity, Robert M. Collins offers a startlingly new framework for understanding the history of postwar America.

Robert M. Collins is Middlebush Professor of History at the University of Missouri-Columbia. He received his Ph.D. from Johns Hopkins University and is the author of More: The Politics of Growth in Postwar Americaand The Business Response to Keynes.

Preface
Acknowledgments
Prologue: The Ambiguity of New Deal Economics
The Emergence of Economic Growthmanship
The Ascendancy of Growth Liberalism
Growth Liberalism Comes a Cropper, 1968
Richard Nixon's Whig Growthmanship
The Retreat from Growth in the 1970s
The Reagan Revolution and Antistatist Growthmanship
Slow Drilling in Hard Boards
Conclusion
Notes
Index

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