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Unexplained Problems

In: Why Reaganomics and Keynesian Economics Failed

Author

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  • James E. Sawyer

    (Seattle University)

Abstract

Americans wanted to believe that the supply-oriented proposals of the Reagan administration were better alternatives than the failed demand-oriented Keynesian policies of the Johnson, Nixon, Ford and Carter administrations. But the supply-side prescription for economic success has created many unexplained consequences for the American public, and these do not appear to be compatible with the success claims being made by Reaganomics advocates.

Suggested Citation

  • James E. Sawyer, 1987. "Unexplained Problems," Palgrave Macmillan Books, in: Why Reaganomics and Keynesian Economics Failed, chapter 5, pages 65-72, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-09497-4_5
    DOI: 10.1007/978-1-349-09497-4_5
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