The Politics of American Economic Policy Making Book

	Introduction	1
	Fiscal Functions: An Overview	8
	The Role of Government in a Free Society	22
	The Fiscal Crisis of the State	33
	Up and Down with Ecology: The "Issue-Attention Cycle"	48
	The Theory of Economic Regulation	60
	The Consumer's Stake in Deregulation: The Benefit/Cost Test	76
	Two Cheers for Government Regulation	85
	The Politics of Fiscal and Monetary Policy	101
	A Theory of the Budgetary Process	119
	Policy and Priority in the Budgetary Process	147
	Making Sense of the Federal Budget the Old-Fashioned Way: Incrementally	169
	Bureaucracy: Servant or Master? Lessons from America	181
	Understanding Tax Policy	206
	Taxes, Revenues, and the "Laffer Curve"	221
	From Redistributive to Hegemonic Logic: The Transformation of American Tax Politics, 1894-1963	234
	Democracy and Keynesian Constitutions: Political Biases and Economic Consequences	249
	A Clear and Present Danger: The Politicization of the Constitution	262
	The Political Structure of the Federal Reserve System	270
	In Defense of the Federal Reserve	288
	External Pressure and the Operations of the Fed	300
	The REAL Economy	347
	Invested Interests: The Politics of National Economic Policies in a World of Global Finance	362
	The Expansion of the Public Economy: A Comparative Analysis	390
	The Electoral-Economic Cycle	421
	Elections and the Economy in the 1980s: Short- and Long-Term Effects	439
	A Model of the Political Economy of the United States	461
	Recent Trends in Tax Progressivity	494
	Recent Trends in Economic Outcomes	501
	About the Editor	511