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The Great Inflation and Its Aftermath : The Past and Future of American Affluence by Robert J. Samuelson (2008, Hardcover)

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It's a giant gap in our history. The Great Inflation, argues award-winning columnist Robert J. Samuelson in this provocative book, was the worst domestic policy blunder of the postwar era and played a crucial role in transforming American politics, economy, and everyday lifeand yet its story is hardly remembered or appreciated. In these uncertain economic times, it is more imperative than ever that we understand what happened in the 1960s and 1970s, lest we be doomed to repeat our mistakes. From 1960 to 1979, inflation rose from barely more than 1 percent to nearly 14 percent. It was the greatest peacetime inflationary spike in this nation's history, and it had massive repercussions in every area of our lives. The direct consequences included Ronald Reagan's election to the presidency in 1980, stagnation in living standards, and a growing beliefboth in America and abroadthat the great-power status of the United States was ending.The Great Inflation and Its Aftermath traces the origins and rise of double-digit inflation and its fall in the brutal 1981-82 recession, engineered by the Federal Reserve under then-chairman Paul Volcker and with the staunch backing of Reagan. But that is only half the story. The end of high inflation triggered economic and social changes that are still with us. The stock market and housing booms were both direct outcomes; American business became more productiveand also much less protective of workers; and globalization was encouraged. We cannot understand today's world, Samuelson contends, without understanding the Great Inflation and its aftermath. Nor can we prepare for the future unless we heed its lessons. This incisive and enlightening book will stand as the authoritative account of a watershed event of our times.

Product Identifiers

Publisher
Random House Publishing Group
ISBN-10
0375505482
ISBN-13
9780375505485
eBay Product ID (ePID)
61624081

Product Key Features

Book Title
Great Inflation and Its Aftermath : the Past and Future of American Affluence
Author
Robert J. Samuelson
Format
Hardcover
Language
English
Topic
Inflation, Economic History, General, Economic Conditions, Public Policy / Economic Policy, Investments & Securities / General
Publication Year
2008
Genre
Business & Economics, Political Science
Number of Pages
336 Pages

Dimensions

Item Length
9.5in
Item Height
1.2in
Item Width
6.6in
Item Weight
19.3 Oz

Additional Product Features

Lc Classification Number
Hg540.S26 2008
Reviews
"If you want to understand the economic events of the last half century, you should read. . . Robert Samuelson's The Great Inflation and Its Aftermath - U.S News & World Report "Barack Obama . . . should read The Great Inflation and Its Aftermath , [a] timely history of how good political intentions stoked an inflationary hell in the 1970s-and how only bold, painful action smothered the flames."-James Pressley, Bloomberg "Samuelson's clear-eyed focus on the rise and fall of inflation remains relevant today."- USA Today "[Samuelson preaches] old-fashioned virtue on a macroeconomic scale: don't promise more than you can deliver; weigh the unintended consequences of your actions; beware hucksters bearing easy fixes."-Noam Scheiber, New York Times Book Review "Economics can be fun! Samuelson has a knack for making obscure topics interesting."- Rocky Mountain News From the Trade Paperback edition., "If you want to understand the economic events of the last half century, you should read. . . Robert Samuelson's The Great Inflation and Its Aftermath - U.S News & World Report "Barack Obama . . . should read The Great Inflation and Its Aftermath , [a] timely history of how good political intentions stoked an inflationary hell in the 1970s-and how only bold, painful action smothered the flames."-James Pressley, Bloomberg "Samuelson's clear-eyed focus on the rise and fall of inflation remains relevant today."- USA Today "[Samuelson preaches] old-fashioned virtue on a macroeconomic scale: don't promise more than you can deliver; weigh the unintended consequences of your actions; beware hucksters bearing easy fixes."-Noam Scheiber, New York Times Book Review "Economics can be fun! Samuelson has a knack for making obscure topics interesting."- Rocky Mountain News , "If you want to understand the economic events of the last half century, you should read. . . Robert Samuelson'sThe Great Inflation and Its Aftermath-U.S News & World Report "Barack Obama . . . should readThe Great Inflation and Its Aftermath, [a] timely history of how good political intentions stoked an inflationary hell in the 1970s-and how only bold, painful action smothered the flames."-James Pressley,Bloomberg "Samuelson's clear-eyed focus on the rise and fall of inflation remains relevant today."-USA Today "[Samuelson preaches] old-fashioned virtue on a macroeconomic scale: don't promise more than you can deliver; weigh the unintended consequences of your actions; beware hucksters bearing easy fixes."-Noam Scheiber,New York Times Book Review "Economics can be fun! Samuelson has a knack for making obscure topics interesting."-Rocky Mountain News
Copyright Date
2008
Target Audience
Trade
Lccn
2008-023468
Dewey Decimal
332.4/10973
Dewey Edition
22
Illustrated
Yes

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The Great Inflation and Its Aftermath : The Past and Future of American Affluence by Robert J. Samuelson (2008, Hardcover)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

All listings for this product

item 1 The Great Inflation and Its Aftermath: The Past and Future of American Affluenc

item 2 The Great Inflation and Its Aftermath: The Past and Future of Americ - VERY GOOD

item 3 The Great Inflation and Its Aftermath: The Past and Future of American Af - GOOD

item 4 The Great Inflation and Its Aftermath: The Pas- 0375505482, Samuelson, hardcover

item 5 The Great Inflation and Its Aftermath: The Past and Future of American Affluence

item 6 The Great Inflation and Its Aftermath: The Past and Future of American Affluence

item 7 The Great Inflation and Its Aftermath: The Past and Future of American Affluenc

Best Selling in Books

The Lost Book of Herbal Remedies by Claude Davis (2018, Paperback)

The Empyrean Ser.: Iron Flame by Rebecca Yarros (2023, Hardcover)

The 4 Hour Body by Timothy Ferriss (Hardcover, 2010, First Edition)

Outlive Gifford Bil (2023,Paperback)

Magic Tree House (R) Ser.: Magic Tree House Books 1-28 Boxed Set by Mary Pope Osborne (2008, S)

The Book of Enoch by Enoch (2017, Hardcover)

A Court of Thorns and Roses Ser.: A Court of Thorns and Roses Paperback Box Set (5 Books) by Sarah J. Maas (2022, Trade Paperback)

Save on Books

Sailor Moon Raisonne ART WORKS 1991 - 2023 Normal Edition 9784065309094

If I Did It: Confessions of the Killer by The Goldman Family (English) Paperback

THE BOOK OF ENOCH - Translated by R. H Charles (1917 Translation, Hardback)

Magic Tree House Books 1-31 Boxed Set by Mary Pope Osborne New- Wrapper Is Torn

Trading in the Zone: Master the Market Confidence Paperback

An Unfinished Love Story : A Personal History of The 1960s by Doris Kearns...

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