简介
Destined to become the standard guide to the economic policy of the United States during the Reagan era, this book provides an authoritative record of the economic reforms of the 1980s. In his introduction, Martin Feldstein provides compelling analysis of policies with which he was closely involved as chairman of the Council of Economic Advisers during the Reagan administration: monetary and exchange rate policy, tax policy, and budget issues. Other leading economists and policymakers examine a variety of domestic and international issues, including monetary and exchange rate policy, regulation and antitrust, as well as trade, tax, and budget policies. The contributors to this volume are Alberto Alesina, Phillip Areeda, Elizabeth Bailey, William F. Baxter, C. Fred Bergsten, James Burnley, Geoffrey Carliner, Christopher DeMuth, Douglas W. Elmendorf, Thomas O. Enders, Martin Feldstein, Jeffrey A. Frankel, Don Fullerton, William M. Isaac, Paul L Joskow, Paul Krugman, Robert E. Litan, Russell B. Long, Michael Mussa, William A. Niskanen, Roger G. Noll, Lionel H. Olmer, Rudolph Penner, William Poole, James M. Poterba, Harry M. Reasoner, William R. Rhodes, J. David Richardson, Charles Schultze, Paula Stern, David Stockman, William Taylor, James Tobin, W. Kip Viscusi, Paul A. Volcker, Charles E. Walker, David A. Wise, and Richard G. Woodbury.
目录
American Economic Policy in the 1980s 5
Contents 9
Preface 11
1. American Economic Policy in the 1980s: A Personal View 13
2. Monetary Policy 93
1. Michael Mussa 93
2. Paul A. Volcker 157
3. James Tobin 163
Summary of Discussion 169
3. Tax Policy 177
1. Don Fullerton 177
2. Charls E. Walker 220
3. Russell B. Long 233
Summary of Discussion 236
4. Budget Policy 247
1. James M. Poterba 247
2. David Stockman 282
3. Charles Schultze 291
Summary of Discussion 297
5. Exchange Rate Policy 305
1. Jeffrey A. Frankel 305
2. C. Fred Bergsten 353
3. Michael Mussa 361
Summary of Discussion 373
6. Economic Regulation 379
1. Paul L. Joskow and Roger G. Noll 379
2. William A. Niskanen 453
3. Elizabeth Bailey 458
Summary of Discussion 463
7. Health and Safety Regulation 465
1. W. Kip Viscusi 465
2. Christopher DeMuth 516
3. James Burnley 523
Summary of Discussion 527
8. Financial Regulation 531
1. Robert E. Litan 531
2. William M. Isaac 569
3. William Taylor 574
Summary of Discussion 577
9. Antitrust Policy 585
1. Phillip Areeda 585
2. William F. Baxter 612
3. Harry M. Reasoner 627
Summary of Discussion 632
10. Trade Policy 639
1. J. David Richardson 639
2. Lionel H. Olmer 670
3. Paula Stern 678
4. Summary of Discussion 696
11. LDC Debt Policy 703
1. Paul Krugman 703
2. Thomas O. Enders 734
3. William R. Rhodes 737
Summary of Discussion 745
12. Policy toward the Aged 753
1. David A. Wise and Richard G. Woodbury 753
2. Rudolph Penner 792
Summary of Discussion 799
Biographies 807
Contributors 811
Name Index 815
Subject Index 823
Contents 9
Preface 11
1. American Economic Policy in the 1980s: A Personal View 13
2. Monetary Policy 93
1. Michael Mussa 93
2. Paul A. Volcker 157
3. James Tobin 163
Summary of Discussion 169
3. Tax Policy 177
1. Don Fullerton 177
2. Charls E. Walker 220
3. Russell B. Long 233
Summary of Discussion 236
4. Budget Policy 247
1. James M. Poterba 247
2. David Stockman 282
3. Charles Schultze 291
Summary of Discussion 297
5. Exchange Rate Policy 305
1. Jeffrey A. Frankel 305
2. C. Fred Bergsten 353
3. Michael Mussa 361
Summary of Discussion 373
6. Economic Regulation 379
1. Paul L. Joskow and Roger G. Noll 379
2. William A. Niskanen 453
3. Elizabeth Bailey 458
Summary of Discussion 463
7. Health and Safety Regulation 465
1. W. Kip Viscusi 465
2. Christopher DeMuth 516
3. James Burnley 523
Summary of Discussion 527
8. Financial Regulation 531
1. Robert E. Litan 531
2. William M. Isaac 569
3. William Taylor 574
Summary of Discussion 577
9. Antitrust Policy 585
1. Phillip Areeda 585
2. William F. Baxter 612
3. Harry M. Reasoner 627
Summary of Discussion 632
10. Trade Policy 639
1. J. David Richardson 639
2. Lionel H. Olmer 670
3. Paula Stern 678
4. Summary of Discussion 696
11. LDC Debt Policy 703
1. Paul Krugman 703
2. Thomas O. Enders 734
3. William R. Rhodes 737
Summary of Discussion 745
12. Policy toward the Aged 753
1. David A. Wise and Richard G. Woodbury 753
2. Rudolph Penner 792
Summary of Discussion 799
Biographies 807
Contributors 811
Name Index 815
Subject Index 823
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