4/13 Class

Question 1

managerial failures

Answer 1

sluggish productivity growth was experienced

firms were cutting their research and development

Question 2

debate about whether chandlerian models were good for america

Answer 2

books were written to support this

Question 3

post keynesian economics

Answer 3

Keynesian under fire - it wasn’t working
fine tuning impossible(both theoretically and politically)
rational expectations school
gov policies distort the economy they purport to regulate

Question 4

supply side economics

Answer 4

do we create more demand or do we give a tax cut to rich people so they will make more factories

Question 5

unions contributed to

Answer 5

inflation

Question 6

deregulation

Answer 6

people were against regulation

Question 7

critique of growth

Answer 7

Carter speech telling Americans they need to accept less

Question 8

sagebrush rebellion

Answer 8

….

Question 9

permanent tax revolt

Answer 9

one party that will never support a tax increase and one that will think something else