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Economics, Politics, and American Public Policy (Hardcover, 2nd edition)
Loot Price: R4,732
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Economics, Politics, and American Public Policy (Hardcover, 2nd edition)
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This text introduces students to the interrelationship of politics
and economics in American public policymaking: how economic
concerns have been legislated into law since Franklin Roosevelt's
time and how politics (e.g., Washington gridlock) affects the
economy and the making of public policy. Students learn how to
measure various indicators of economic performance, how the U.S.
economy works (domestically and with international linkages), and
how and why policymakers act to stabilise an economy in an economic
downturn. Additionally, many social insurance programs (Social
Security, Medicare, Medicaid) are explained and the current fiscal
issues concerning current/future costs are treated in some detail.
The book concludes with a full chapter case study on the Obama
administration's response to the Great Recession and its dealings
with Congress; the implementation of the Affordable Care Act is
also discussed.
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