Rewarding is Campagna's broad-sweep analysis of US macroeconomic
policy under the several political regimes since WW I, evaluating
whether these policies were justified, successful, and rational.
Impressive historical scholarship brings alive the views and
personalities of the times and provides immense detail concerning
economic settings and problems of each period. Choice This book
examines the various economic problems of the past 70 years and
critically evaluates what has been done to solve them. Claiming
that previous macroeconomic policies have not been successful
largely because of political problems, the book presents a cogent
argument for the need for new institutions to conduct rational
policies in the future.
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