Beschreibung:
Despite calls for a balanced budget and debt reduction, the US federal government continues to spend beyond its income. This book asks why this is the case, what effect it has had on the country's economy and politics, and what, if anything, can be done to stop it.
Preface -- 1 The American Economy: Concepts and Theories --2 Development of the Modern Political Economy -- 3 Making Economic Policy -- 4 Dilemmas of Contemporary Economic Policy -- 5 Looking to the Future