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The experience of the Economic Advisory Council provides the relevant policy background to the Keynesian revolution in economic theory, and to the adoption of the principles of economic management in Britain during the Second World War. This study of this pioneering advisory institution against the inter-war setting of depression, financial crisis and recovery is based on government records, supplemented by other contemporary sources. The book deals with the political and economic origins of the E.A.C. in the post-1918 decade; the role of the Council and its committees of inquiry as the world slump began to make an impact on an already depressed British economy; and the part played by indivi...
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This book consists of essays on the 45 economists who have served on teh CEA, covering their economic and political programs and ideas as well as their lives. . . . This new biographical dictionary is an authoritative and substantive reference source covering federal economic policy since World War II through biographical information on the various economic advisers appointed in this period. Reference Books Bulletin The more than 40 biographical essays in this volume are written by practicing scholars of economics, and are presented in alphabetical order. They provide comprehensive pictures of the council members, analyzing their ideas and their influence on both economic theory and governmental policy. An appendix details council membership during each presidential administration, allowing a clear understanding of the degree to which the advice and actions of particular individuals were effective. Council membership has traditionally been considered a prestigious assignment: consequently, the biographies collected in this directory represent a substantial group of the country's most important economists.
Interviews with thirty-five economic policymakers who advised presidents from Nixon to Trump. What is it like to sit in the Oval Office and discuss policy with the president? To know that the decisions made will affect hundreds of millions of people? To know that the wrong advice could be calamitous? When the President Calls presents interviews with thirty-five economic policymakers who served presidents from Nixon to Trump. These officials worked in the executive branch in a variety of capacities—the Council of Economic Advisers, the Office of Management and Budget, the Department of the Treasury, and the National Economic Council—but all had direct access to the policymaking process an...
The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity.The World Bank has created an extraordinary book on productivity, covering a lar...