Institutions and government growth: a comparison of the 1890s and the 1930s
Statistics on the size and growth of the U.S. federal government, in addition to public statements by President Franklin Roosevelt, seem to indicate that the Great Depression was the primary event that caused the dramatic growth in government spending and intervention in the private sector that continues to the present day. Through a comparison of the economic conditions of the 1890s and the 1930s, the authors argue that post-1930 government growth in the United States is not the direct result of the Great Depression, but rather is a result of institutional, legal, and societal changes that began in the late 1800s. Thus, the Great Depression did likely trigger increases in government spending and regulatory involvement, but historical factors produced the conditions that tended to lend permanence to the growth of government that occurred during the Great Depression.
Volume (Year): (2010)
Issue (Month): Mar ()
|Contact details of provider:|| Postal: P.O. Box 442, St. Louis, MO 63166|
Web page: http://www.stlouisfed.org/
More information through EDIRC
|Order Information:|| Web: https://research.stlouisfed.org/publications/ Email: |
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Sam Peltzman, 1980.
"The Growth of Government,"
University of Chicago - George G. Stigler Center for Study of Economy and State
1, Chicago - Center for Study of Economy and State.
- Michael Hudson, 2008. "Henry George's Political Critics," American Journal of Economics and Sociology, Wiley Blackwell, vol. 67(1), pages 1-45, 01.
- Holcombe, R.G. & Mills, J.A., 1992.
"Politics and Deficit Finance,"
1992_03_1, Department of Economics, Florida State University.
- Meltzer, Allan H & Richard, Scott F, 1981. "A Rational Theory of the Size of Government," Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 914-27, October.
- Gary S. Becker, 1983. "A Theory of Competition Among Pressure Groups for Political Influence," The Quarterly Journal of Economics, Oxford University Press, vol. 98(3), pages 371-400.
- Kristov, Lorenzo & Lindert, Peter & McClelland, Robert, 1992.
"Pressure groups and redistribution,"
Journal of Public Economics,
Elsevier, vol. 48(2), pages 135-163, July.
- Randall G. Holcombe, 1996. "The Growth of the Federal Government in the 1920s," Cato Journal, Cato Journal, Cato Institute, vol. 16(2), pages 175-199, Fall.
- John R. Lott & Jr. & Lawrence W. Kenny, 1999. "Did Women's Suffrage Change the Size and Scope of Government?," Journal of Political Economy, University of Chicago Press, vol. 107(6), pages 1163-1198, December.
- R. G. Holcombe & D. J. Lacombe, 1998. "Interests Versus Ideology in the Ratification of the 16th and 17th Amendments," Economics and Politics, Wiley Blackwell, vol. 10(2), pages 143-160, 07.
- Holcombe, Randall G, 1999. "Veterans Interests and the Transition to Government Growth: 1870-1915," Public Choice, Springer, vol. 99(3-4), pages 311-26, June.
- Randall Holcombe, 2005. "Government growth in the twenty-first century," Public Choice, Springer, vol. 124(1), pages 95-114, July.
- Wittman, Donald, 1989. "Why Democracies Produce Efficient Results," Journal of Political Economy, University of Chicago Press, vol. 97(6), pages 1395-1424, December.
When requesting a correction, please mention this item's handle: RePEc:fip:fedlrv:y:2010:i:mar:p:109-120:n:v.92no.2. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Anna Xiao)
If references are entirely missing, you can add them using this form.