2004
Volume 122, Issue 1
  • ISSN: 0040-7518
  • E-ISSN: 2352-1163

Abstract

The welfare state’s turn towards neoliberalism in the 1980s fundamentally altered the structure of the American economy. Despite impressive growth, inequality increased, and both public and private debt soared. This article explores various arguments concerning the roles which Ronald Reagan and supply-side economic theory played in this transition. While a certain consensus has been reached as to the short-term effects of Reagan’s tax and monetary policy, there is still much uncertainty as to the wider implications of these measures, and of the resulting debt and inequality, for American society and politics in the future.

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/content/journals/10.5117/TVGESCH2009.1.VRIE
2009-03-01
2021-12-06
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http://instance.metastore.ingenta.com/content/journals/10.5117/TVGESCH2009.1.VRIE
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  • Article Type: Research Article
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