{"product_id":"jimmy-carters-economy-policy-in-an-age-of-limits-9781469614557","title":"Jimmy Carter's Economy: Policy in an Age of Limits","description":"\u003cp\u003eThe massive inflation and oil crisis of the 1970s damaged Jimmy Carter's presidency. In \u003ci\u003eJimmy Carter's Economy\u003c\/i\u003e, Carl Biven traces how the Carter administration developed and implemented economic policy amid multiple crises and explores how a combination of factors beyond the administration's control came to dictate a new paradigm of Democratic Party politics.\u003cbr\u003e\u003cbr\u003eJimmy Carter inherited a deeply troubled economy. Inflation had been on the rise since the Johnson years, and the oil crisis Carter faced was the second oil price shock of the decade. In addition, a decline in worker productivity and a rise in competition from Germany and Japan compounded the nation's economic problems. The resulting anti-inflation policy that was forced on Carter included controlling public spending, limiting the expansion of the welfare state, and postponing popular tax cuts. Moreover, according to Biven, Carter argued that the ambitious policies of the Great Society were no longer possible in an age of limits and that the Democratic Party must by economic necessity become more centrist.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e W. Carl Biven\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e University of North Carolina Press\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 03\/01\/2014\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 368\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.60lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.20h x 6.10w x 1.10d\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9781469614557\u003cbr\u003e\u003cp\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eW. Carl Biven is professor emeritus of economics at the Georgia Institute of Technology. His previous books include \u003ci\u003eWho Killed John Maynard Keynes?: Conflicts in the Evolution of Economic Policy\u003c\/i\u003e.\u003c\/p\u003e\u003cbr\u003e","brand":"University of North Carolina Press","offers":[{"title":"Paperback","offer_id":45115604271219,"sku":"9781469614557","price":76.42,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0555\/9255\/0515\/files\/img_debe6e65-1abc-4089-89a3-a124e2bd5e2c.jpg?v=1781787093","url":"https:\/\/bookstorenmore.com\/products\/jimmy-carters-economy-policy-in-an-age-of-limits-9781469614557","provider":"Bookstore N More","version":"1.0","type":"link"}