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American “supply-side economics” crisis

Author

Listed:
  • Mario Ferreira Presser

Abstract

During the 1970s, the American economy went through a period of reducedgrowth and elevated inflation. This led to a resentment against traditional liberal economicsand to the election of Reagan. This comment presents the economic policy of Reagan andthe probable impact in the American society. JEL Classification: E60; H50; H11.

Suggested Citation

  • Mario Ferreira Presser, 1981. "American “supply-side economics” crisis," Brazilian Journal of Political Economy, Center of Political Economy, vol. 1(3), pages 378-382.
  • Handle: RePEc:ekm:repojs:v:1:y:1981:i:3:p:378-382:id:1988
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1988/1974
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    More about this item

    Keywords

    USA; interventionism; private sector; Ronald Reagan; elections; role of the State;
    All these keywords.

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government

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