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Voter Influence and Big Policy Change: The Positive Political Economy of the New Deal

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  • Robert K. Fleck
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    Abstract

    What conditions cause major policy changes under representative government? This article addresses that question by providing a theoretically grounded analysis of a massive policy change: the New Deal. It explains how the economic problems of the early 1930s initiated changes on several dimensions of policy: federal spending, labor market regulation, and civil rights. The article concludes by considering the broader lessons learned from the political economy of the New Deal. (c) 2008 by The University of Chicago. All rights reserved..

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    File URL: http://www.journals.uchicago.edu/doi/pdf/10.1086/528999
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    Bibliographic Info

    Article provided by University of Chicago Press in its journal Journal of Political Economy.

    Volume (Year): 116 (2008)
    Issue (Month): 1 (02)
    Pages: 1-37

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    Handle: RePEc:ucp:jpolec:v:116:y:2008:i:1:p:1-37

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    Web page: http://www.journals.uchicago.edu/JPE/

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    Cited by:
    1. Stoian, Adrian & Fishback, Price, 2010. "Welfare spending and mortality rates for the elderly before the Social Security era," Explorations in Economic History, Elsevier, vol. 47(1), pages 1-27, January.
    2. Price V. Fishback & John Joseph Wallis, 2012. "What Was New About the New Deal?," NBER Working Papers 18271, National Bureau of Economic Research, Inc.
    3. Price V. Fishback & Valentina Kachanovskaya, 2010. "In Search of the Multiplier for Federal Spending in the States During the Great Depression," NBER Working Papers 16561, National Bureau of Economic Research, Inc.
    4. Fleck, Robert K., 2013. "Why did the electorate swing between parties during the Great Depression?," Explorations in Economic History, Elsevier, vol. 50(4), pages 599-619.

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