Two Revolutions in Economic Policy

Two Revolutions in Economic Policy

The First Economic Reports of Presidents Kennedy and Reagan

Edited by James Tobin and Murray Weidenbaum




The juxtaposition of Kennedy and Reagan approaches to economic problems is particularly instructive in that they express the two major - and quite different - approaches of macroeconomic policy in the past three decades: the 1962 Kennedy Camelot which relied on traditional Keynesian economics, and the 1982 Reagan program which called for a supplyside solution to the country's economic difficulties. From today's vantage point it is useful to compare what these two different groups of economic advisors planned to do, what they did, and what the results were.


Out of Print ISBN: 9780262200707 543 pp. | 6.1 in x 9.2 in


$35.00 X ISBN: 9780262700344 543 pp. | 6.1 in x 9.2 in


James Tobin

James Tobin, who received the Nobel prize in economics in 1981, is Sterling Professor of Economics at Yale.

Murray Weidenbaum

Murray L. Weidenbaum is Director of the Center for the Study of American Business and Mallinckrodt Distinguished University Professor at Washington University.