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A New Normal? American Economic Policymaking After The Great Recession
Author(s) -
Pump Barry
Publication year - 2012
Publication title -
policy studies journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.773
H-Index - 69
eISSN - 1541-0072
pISSN - 0190-292X
DOI - 10.1111/j.1541-0072.2012.00444.x
Subject(s) - extant taxon , scholarship , recession , great recession , section (typography) , positive economics , political science , economic inequality , inequality , economics , political economy , development economics , economic growth , macroeconomics , keynesian economics , business , mathematical analysis , mathematics , evolutionary biology , biology , advertising
This essay reviews recent literature on American economic policymaking. It first asks, what light can contemporary research on economic policymaking shed on current circumstances? Second, where do policy process researchers go from here? This paper explores the extant literature under three broad themes. The first will deal with the extensive research into income inequality. The second will discuss the electoral implications of economic conditions. The third will analyze the institutional responses to economic developments. The final section will offer suggestions for future scholarship.