Dictionary of Arguments


Philosophical and Scientific Issues in Dispute
 
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Entry
Reference
Politics Nordhaus Mause I 227
Politics/Nordhaus: Nordhaus Thesis: Fluctuations in the sense of political economic cycles are deliberately accepted in order to create a positive macroeconomic environment - especially on the labour markets - in the run-up to upcoming elections, which significantly increases the chances of political leaders being re-elected. (1) (2) See Economic Policy/Keynesianism, Economy/Neoclassical Theory, Economic Cycle/Kalecki. (NordhausVsKeynesians, NordhausVsKalecki, KaleckiVsNordhaus, KeynsianismVsNordhaus.)


1. William D. Nordhaus, The political business cycle. Review of Economic Studies 42, (2), 1975, S. 169– 190.
2. W. D. Nordhaus, Alternative approaches to the political business cycle. Brookings Papers on Economic Activity 2, 1989, S. 1– 68.

EconNordh I
William D. Nordhaus
The political business cycle 1975


Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018