Home Managing Macroeconomic Policy
book: Managing Macroeconomic Policy
Book
Licensed
Unlicensed Requires Authentication

Managing Macroeconomic Policy

The Johnson Presidency
  • James E. Anderson and Jared E. Hazleton
Language: English
Published/Copyright: 1986
View more publications by University of Texas Press

About this book

Macroeconomic policy involves government action intended to influence the overall operation of the economy and to deal with such important public problems as economic growth, inflation, unemployment, and recession. In this first comprehensive treatment of presidential management of such policy for any presidency, authors James E. Anderson and Jared E. Hazleton focus on four tasks: developing and maintaining an information and decision-making system; coordination of policies in different macroeconomic areas; building support or consent for presidential policies; and administrative leadership. Drawing extensively upon presidential documents and interviews with Johnson administration officials, the authors pay particular attention to fiscal, monetary, wage-price, and international economic (especially balance of payments) policies during Johnson’s terms.

The authors use the concept of the subpresidency, as defined by Redford and Blisset in Organizing the Executive Branch: The Johnson Presidency (University of Chicago Press, 1981), to show how Johnson managed the macro-economic institutions of the council of Economic Advisors, the Bureau of the Budget (now the Office of Management and Budget), the Department of the Treasury, and the Federal Reserve Board in pursuit of his economic goals. What emerges is a vivid portrait of an activist president.

In evaluating management of macroeconomic policy in the Johnson administration, the authors focus on how presidential policies are developed and adopted rather than on the substance of the policies themselves. They conclude that the Johnson administration competently managed policy development during its presidential years.

This book is a volume in the Administrative History of the Johnson Presidency Series sponsored by the LBJ School of Public Affairs at the University of Texas at Austin, the first two volumes of which were published by the University of Chicago Press. Managing Macroeconomic Policy: The Johnson Presidency was funded in part by the National Endowment for the Humanities.

Author / Editor information

James E. Anderson is Professor of Political Science at Texas A&M University. Jared E. Hazleton is former president of the Texas Research League and served for five years as Dean of the University of North Texas College of Business.


Publicly Available Download PDF
i

Publicly Available Download PDF
vii

Emmette S. Redford
Publicly Available Download PDF
xi

Publicly Available Download PDF
xiii

Requires Authentication Unlicensed

Licensed
Download PDF
1

Requires Authentication Unlicensed

Licensed
Download PDF
11

Requires Authentication Unlicensed

Licensed
Download PDF
43

Requires Authentication Unlicensed

Licensed
Download PDF
86

Requires Authentication Unlicensed

Licensed
Download PDF
140

Requires Authentication Unlicensed

Licensed
Download PDF
178

Requires Authentication Unlicensed

Licensed
Download PDF
227

Requires Authentication Unlicensed

Licensed
Download PDF
241

Requires Authentication Unlicensed

Licensed
Download PDF
273

Publishing information
Pages and Images/Illustrations in book
eBook published on:
December 15, 2014
eBook ISBN:
9781477302569
Pages and Images/Illustrations in book
Main content:
302
Downloaded on 25.9.2025 from https://www.degruyterbrill.com/document/doi/10.7560/750845/html
Scroll to top button