The US economy

The US economy: (Everything Else the Right Doesn't Want You to Know about Taxes, Jobs, and Corporate America, as well as A Compact and Irreverent Guide to Economic Life in America) by Tony Williams
English | 2022 | ISBN: N/A | ASIN: B0BN9BRFHX | 148 pages | EPUB | 0.16 Mb
To examine the unique characteristics of the American political economy, this collection brings together eminent political scientists. The opening chapter offers a comparative framework for examining how markets and politics interact in the US, focusing on three key elements: the country's unusually dispersed and decentralized political institutions; the landscape of interest groups, which is characterized by weak labor organizations and strong, local business groups; and the long-standing legacy of racial and ethnic divisions in both markets and government. The fundamental dynamics that result are examined in the following chapters. These dynamics include the role of the courts in multi-venue politics, the political economy of labor, sectional conflict within and between cities and regions, the consolidation of financial markets, corporate monopoly and monopsony power, and the ongoing rise of the knowledge economy. Together, the chapters provide an insightful new map of democratic capitalism's politics in the United States.

What effects have recent administrations' initiatives had on the economy today? How much of the rise in income disparity is attributable to government policy? What factors have led to the parties' extreme polarization, and how has this polarization affected economic policy? The modern political economy of the United States is introduced in this book. The politics of economic policymaking, the impact of government policies and programs on the economy, and how politics and the economy have coevolved over the last fifty years are all covered in this study. Along the way, it discusses the reasons behind and effects of a number of modern occurrences, including the polarization of political parties and the deficits and debt of the government.

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