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The goal of this paper is twofold: First, to develop an estimable model of legislative politics in the US Congress, second, to provide a greater understanding of the objectives behind the New Deal. In the theoretical model, the distribution of federal funds across regions of the country is the...
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beim Design der Wirtschaftspolitik (New Deal) in den 1930er Jahren eine Rolle? Die Resultate zeigen, dass Topeinkommens … der Verteilung war dementsprechend moderat. Der Eintritt der USA in den Zweiten Weltkrieg, in Verbindung mit den …
Persistent link: https://www.econbiz.de/10011477411
During the 1930s the federal government embarked upon an ambitious series of grant programs designed to counteract the Great Depression. Public works and relief programs combated unemployment by hiring workers and building social overhead capital while the Agricultural Adjustment Administration...
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Since the current recession began in December 2007, New Deal legislation and its effectiveness have been at the center of a lively debate in Washington. This paper emphasizes some key facts about two kinds of policy that were important during the Great Depression and have since become the focus...
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To the extent that policymakers have learned anything at all from the Great Depression and the policy responses of the 1930s, the lessons appear to have been the wrong ones. In this public policy brief, Director of Research Jan Kregel explains why there is still a great deal we have to learn...
Persistent link: https://www.econbiz.de/10011447195
We offer a new view of the New Deal realignment. It was the wartime experience and the postwar prosperity, not the Great Depression or the New Deal, that gave the Democratic Party its overwhelming hold on the American electorate for the next three decades. The 1948 election plays the critical...
Persistent link: https://www.econbiz.de/10013138956