Golden Rule - The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems

Introduction. Politics, Social Science, and the Golden Rule: Reading theHandwriting on the Wall 1: Party Realignment and American Industrial Structure: The InvestmentTheory of Political Parties in Historical Perspective2: From 'Normalcy' to New Deal: Industrial Structure, Party Competition, and American Public Policy in the Great Depression3: Monetary Policy, Loan Liquidation, and Industrial Conflict: The FederalReserve and the Open Market Operations of 1932Thomas Ferguson, Gerald Epstein.4: Industrial Structure and Party Competition in the New Deal: AQuantitative Assessment5: By Invitation Only: Party Competition and Industrial Structure in the1988 Election6: 'Real Change'? 'Organized Capitalism, ' Fiscal Policy, and the 1992ElectionConclusion. Money and Destiny in Advanced Capitalism: Paying the Piper, Calling the TunePostscriptAppendix: Deduced and Abandoned: Rational Expectations, the InvestmentTheory of Political Parties, and the Myth of the Median VoterIndex

Summary

"To discover who rules, follow the gold." This is the argument of this book, a history of modern American politics. It presents revised versions of essays in which the author advanced and tested his theory.

Product details

• Authors: Ferguson, Thomas Ferguson, Ferguson Thomas
• Publisher: University Presses
• Languages: English
• Product format: Paperback / Softback
• Released: 15.06.1995
• EAN: 9780226243177
• ISBN: 978-0-226-24317-7
• No. of pages: 440
• Dimensions: 17 mm x 22 mm x 3 mm
• Weight: 652 g
• Series: American Politics & Political; American Politics and Political Economy Series
• Subjects: Social sciences, law, business > Political science > Political science and political education; Political Parties, Politische Parteien, POLITICAL SCIENCE / Political Process / Political Parties, POLITICAL SCIENCE / History & Theory, Political science & theory, Political science and theory, Political parties and party platforms