Description:
This book provides an introduction to the contemporary political economy of the United States. It examines the politics of economic policymaking, the influence of federal policies and programs on the economy, and the co-evolution of politics and the economy over the past five decades.
Review Quotes:
"Political Economy of the United States delivers a balanced, thorough, and lucid assessment of the complex reciprocal relationships between America's economic and political systems. Johnson's masterful synthesis is nuanced and sophisticated but presented in a style fully accessible to undergraduates. It would make a perfect complementary reading for the introductory American politics course." - Gary Jacobson, Distinguished Professor of Political Science, Emeritus, University of California, San Diego
"Even as government has expanded, the economy has become more unequal, and economic policymaking has become more polarized, we have lacked an accessible, readable, and comprehensive introduction to the interaction between government and the economy in the United States. Until now. Political Economy of the United States instantly becomes the definitive text on this vital, timely, and fascinating topic." - Jacob S. Hacker, Stanley B. Resor Professor of Political Science, Yale University
"Political Economy of the United States shines a new and important light on the political dynamics that shape the American economy, warts and all. By highlighting the role of Congress, Johnson pinpoints the ways in which today's increasingly partisan politics in Washington indelibly influence the direction and resilience of the US economy. Johnson's historical perspective offers invaluable context for students seeking to understand the past, present, and future political economy of today's polarized America." - Sarah Binder, George Washington University and The Brookings Institution