000325814 000__ 02234cam\a22003134a\4500 000325814 001__ 325814 000325814 005__ 20210513120749.0 000325814 008__ 080529s2008\\\\nyu\\\\\\b\\\\001\0\eng\\ 000325814 010__ $$a 2008023468 000325814 020__ $$a9780375505485 (alk. paper) 000325814 020__ $$a0375505482 (alk. paper) 000325814 035__ $$a(OCoLC)ocn166358588 000325814 035__ $$a325814 000325814 040__ $$aDLC$$cDLC$$dBTCTA$$dBAKER$$dYDXCP$$dEPL$$dNPL$$dC#P$$dBUR$$dISE 000325814 043__ $$an-us--- 000325814 049__ $$aISEA 000325814 05000 $$aHG540$$b.S26 2008 000325814 08200 $$a332.4/10973$$222 000325814 1001_ $$aSamuelson, Robert J. 000325814 24514 $$aThe great inflation and its aftermath :$$bthe past and future of American affluence /$$cRobert J. Samuelson. 000325814 250__ $$a1st ed. 000325814 260__ $$aNew York :$$bRandom House,$$cc2008. 000325814 300__ $$axxii, 309 p. ;$$c25 cm. 000325814 504__ $$aIncludes bibliographical references (p. 271-300) and index. 000325814 5050_ $$aThe lost history -- The "full employment" obsession -- The money connection -- A compact of conviction -- Capitalism restored -- Precarious prosperity -- The future of affluence. 000325814 520__ $$aThe Great Inflation, argues journalist Samuelson, was the worst domestic policy blunder of the postwar era and played a crucial role in transforming American politics, economy, and everyday life--and yet its story is hardly remembered or appreciated. From 1960 to 1979, inflation rose from barely more than 1 percent to nearly 14 percent--the greatest peacetime inflationary spike in this nation's history. It had massive repercussions in every area of our lives. The direct consequences included Ronald Reagan's election in 1980, stagnation in living standards, and a growing belief that the great-power status of the United States was ending. The end of high inflation in the brutal 1981-82 recession, engineered by the Federal Reserve under then-chairman Paul Volcker, triggered economic and social changes that are still with us. The stock market and housing booms were both direct outcomes; American business became more productive--and also much less protective of workers; and globalization was encouraged.--From publisher description. 000325814 650_0 $$aInflation (Finance)$$zUnited States. 000325814 651_0 $$aUnited States$$xEconomic policy. 000325814 651_0 $$aUnited States$$xEconomic conditions. 000325814 85200 $$bgen$$hHG540$$i.S26$$i2008 000325814 909CO $$ooai:library.usi.edu:325814$$pGLOBAL_SET 000325814 980__ $$aBIB 000325814 980__ $$aBOOK