Political Economy of the United States - 9781138490772

Taylor & Francis

Political Economy of the United StatesAuthor(s): Joel W. Johnson\nFormat: Paperback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138490772, 978-1138490772\nSynopsis\nHow have the policies of recent administrations shaped todays economy? To what extent has federal policy contributed to growth in income inequality? Why have the parties become so polarized and how has polarization influenced economic policy? This book provides an introduction to the contemporary political economy of the United States. It examines the politics of economic policymaking, the influence of federal policies and programs on the economy, and the co-evolution of politics and the economy over the past five decades. Along the way, it explains the causes and consequences of many contemporary phenomena, such as the governments deficits and debt and the ideological polarization of the parties.\n\nThe book is divided into two parts. The first half explains how Americas politic.