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American Economic Policy in the 1990s edited by Jeffrey A. Frankel ...

Source: www.mises.org
Topic: Economic Policy

Sort Desciption: is largely a review of the economic policy of the Clinton administration by a group of. people with extensive credentials. ...

Content Inside: A MERICAN E CONOMIC P OLICY IN THE 1990 S . E DITED BY J EFFREY A. F RANKEL AND P ETER R. O RSZAG . C AMBRIDGE M ASS .: MIT P RESS 2002. T his book consists of 14 articles and comments about each by a three-member panel. The books editors wrote one of the articles: The Role of Institutions in the White House. Many of those who contributed to this book participated in the making of eco- nomic policy during the 1990s. Alice M. Rivlin for example served as President Clin- tons Director of the White House Office of Management and Budget before becoming Vice Chair of the Federal Reserve Systems Board of Governors and Robert Rubin was the Secretary of the Treasury in the Clinton administration. An example of an excep- tion is panelist Murray Weidenbaum who was President Reagans first Chairman of the Council of Economic Advisers. Other Washington veterans include N. Gregory Mankiw Martin Feldstein Alan Blinder William A. Niskanen David T. Ellwood and Allan H. Meltzer. Like the books editors both of whom were members of Clintons Council of Economic Advisers most who served during the 1990s were members of the Clinton administration. Because this administration accounted for the great majority of that decade this book is largely a review of the economic policy of the Clinton administration by a group of people with extensive credentials. Among those who have not served in Washington is Joseph P. Newhouse a pro- fessor of health care and management at Harvard University who authored Medicare and commented on Health Policy in the Clinton Era: Once Bitten Twice Shy. New- house lauds the Clinton administration for bringing about through the Balanced Bud- get Act of 1997 an unprecedented slowdown in the rate of growth of Medicare spending that significantly contributed to this administrations great economic achievement of the first budget surpluses in decades. Another author without a Washington background is Pamela Samuelson Director of the Berkeley Cen ...

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