Voter Influence and Big Policy Change: The Positive Political Economy of the New Deal
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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- Robert K. Fleck, 1999. "Electoral Incentives, Public Policy, and the New Deal Realignment," Southern Economic Journal, Southern Economic Association, vol. 65(3), pages 377-404, January.
- Alberto Alesina & Geoffrey Carliner, 1991. "Politics and Economics in the Eighties," NBER Books, National Bureau of Economic Research, Inc, number ales91-1.
- Atlas, Cary M, et al, 1995. "Slicing the Federal Government Net Spending Pie: Who Wins, Who Loses, and Why," American Economic Review, American Economic Association, vol. 85(3), pages 624-629, June.
- Jim F. Couch & William F. Shughart III, 1998. "The Political Economy of the New Deal," Books, Edward Elgar Publishing, number 1561.
- Seltzer, Andrew J, 1995. "The Political Economy of the Fair Labor Standards Act of 1938," Journal of Political Economy, University of Chicago Press, vol. 103(6), pages 1302-1342, December.
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