Beginning Life Together by Brett Eastman

Beginning Life Together by Brett Eastman

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Beginning Life Together by Brett Eastman

This economic policy history describes the policy views and counsel provided by Alan Greenspan when he served as the Chairman of the Council of Economic Advisers during the Ford Administration. The author, Dr. Sidney L. Jones, who served as the Assistant Secretary of the Treasury for Economic Policy, eloquently presents his experiences while working with Greenspan. In addition, Dr. Jones performed extensive research through a complete review of the files at the Gerald R. Ford Library at the University of Michigan in Ann Arbor to produce a valuable historical record for scholars, policy makers, and students of contemporary American politics. The study begins with a review of Greenspan's philosophy and methodology. It describes the unexpected formation of the Ford Administration following the resignation of President Nixon. The anti-inflation package of economic policies proposed by the new officials was immediately overwhelmed by a collapse of economic activity caused by cyclical factors and unusual external stress. Greenspan created a unique 'weekly GNP' to track the volatile conditions. He recognized that the sharp downturn was caused by the extreme liquidation of inventories rather than a failure of final demand. His policy recommendations focused on stable long-term recovery and reduction of the disruptive double-digit rate of inflation. The study then describes the business cycle recovery marked from March 1975. Greenspan's strong leadership helped to sustain monetary and fiscal policies and the deregulation of economic activities coupled with the avoidance of an increase in government planning and control of the domestic and global economic system. The last chapter summarizes the policy lessons that now support stable monetary and fiscal policies.
SKU Unavailable
ISBN 13 9780310246725
ISBN 10 0310246725
Title Beginning Life Together
Author Brett Eastman
Series Doing Life Together S
Condition Unavailable
Binding Type Paperback
Publisher Zondervan
Year published 2002-08-22
Number of pages 112
Prizes Commended for Gold Medallion Book Awards (Bible Devotional/Study) 2003
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.