Connect with us

Hi, what are you looking for?

Politics

The Political Business Cycle 50 Years Later

Published

William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the economy to correspond with election cycles, a practice that continues to this day.

In this article:
Advertisement

    You May Also Like

    Investing

    New Poll: Americans Want Congress to Pair Tax Cuts with Spending Cuts

    Adam N. Michel As Congress debates how to extend the expiring 2017 Trump tax cuts, a new poll from the Cato Institute suggests the...

    April 14, 2025

    Investing

    Making Medicine Cost More Won’t Make America Healthy Again

    Jeffrey A. Singer Last week, President Donald Trump told a National Republican Congressional Committee audience that he intends to impose tariffs on pharmaceutical products...

    April 14, 2025

    Investing

    New Cato Paper: Immigrants Generated $3.3 Trillion in Property Tax Revenue Since 1994

    David J. Bier Today Cato published my new briefing paper coauthored with Mike Howard and Jacob Vigdor on how immigration has affected housing wealth...

    April 15, 2025

    Stocks

    Week Ahead: NIFTY Stares At Crucial Support; RRG Hints At Defensive & Risk-Off Setups

    In what can be called an indecisive week for the markets, the Nifty oscillated back and forth within a given range and ended the...

    February 8, 2025