Hostname: page-component-8448b6f56d-dnltx Total loading time: 0 Render date: 2024-04-23T05:29:03.523Z Has data issue: false hasContentIssue false
  • English
  • Français

The Kennedy-Johnson Tax Cut: A Revisionist History. By Martin F. J. Prachowny. Cheltenham, UK, Northampton, MA: Edward Elgar, 2000. Pp. ix, 227. $80.00.

Published online by Cambridge University Press:  13 August 2001

Robert R. Keller
Robert R. Keller
Affiliation:
Colorado State University
Get access Rights & Permissions [Opens in a new window]

Abstract

Was the Kennedy-Johnson tax cut and the tax surcharge of 1968 a triumph of “new economics” and “fine tuning” as the architects of these policies claimed? Not exactly, according to Martin Prachowny. He concludes that the chairmen of the Council of Economic Advisers (CEA) excessively trumpeted their self-described stellar performance and this self-serving propaganda led to the demise of activist stabilization policy.

Type
BOOK REVIEW
Information
The Journal of Economic History , Volume 61 , Issue 2 , June 2001 , pp. 571 - 573
Copyright
© 2001 Cambridge University Press

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)