The Great Inflation

The Great Inflation
Author: Michael D. Bordo
Publisher: University of Chicago Press
Total Pages: 545
Release: 2013-06-28
Genre: Business & Economics
ISBN: 0226066959

Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.

The Politics of Plant Closings

The Politics of Plant Closings
Author: John Portz
Publisher:
Total Pages: 232
Release: 1990
Genre: Business & Economics
ISBN:

A paper reprint of the 1988 original. It is a political history that describes and analyzes the management of organized knowledge. Wheatley takes Flexner and the Carnegie Foundation of 1910 as the model. Portz (political science, Northeastern U.) combines a synthesis of the literature on urban politics and political economy with a close analysis of plant closings in Pittsburgh, Pennsylvania, Louisville, Kentucky, and Waterloo, Iowa, to illuminate the complexity of, constraints upon, and range of local government efforts to control the economic damage caused by shutdowns. Paper edition (unseen), $12.95. Annotation copyrighted by Book News, Inc., Portland, OR

The Politics of Problem Definition

The Politics of Problem Definition
Author: David A. Rochefort
Publisher:
Total Pages: 232
Release: 1994
Genre: Political Science
ISBN:

At the nexus of politics and policy development lies persistent conflict over where problems come from, what they signify, and, based on the answers to those questions, what kinds of solutions should be sought. Policy researchers call this process "problem definition." Written for both scholars and students, this book explains how and why social issues come to be defined in different ways, how these definitions are expressed in the world of politics, and what consequences these definitions have for government action and agenda-setting dynamics. The authors demonstrate in two theoretical chapters and seven provocative case studies how problem definition affects policymaking for high-profile social issues like AIDS, drugs, and sexual harassment as well as for problems like traffic congestion, plant closings, agricultural tax benefits, and air transportation. By examining the way social problems are framed for political discussion, the authors illuminate the unique impact of beliefs, values, ideas, and language on the public policymaking process and its outcomes. In so doing, they establish a common vocabulary for the study of problem definition; review and critique the insights of existing work on the topic; and identify directions for future research.