It is often assumed that left-of-center governments in the US and Britain supported policies that would lead to ever-increasing public spending and higher taxes. Right-of-center governments, by way of contrast, are expected to support policies that reduce public spending and lower taxes. These characterizations were reinforced with the advent of Reaganomics and Thatcherite economic policy. Despite this assumption, the elections of Bill Clinton and Tony Blair in the 1990s saw the consolidation and completion of critical aspects of the Reagan-Thatcher fiscal agenda. This impressive book...

Critics of globalization often portray neoliberalism as an extremist laissez-faire political-economic philosophy that rejects any sort of government intervention in the domestic economy. Like most over-used terms, it is more complicated than this introductory sentence suggests. This volume, prefaced by Eric Helliener, seeks to move beyond these caricature depictions and definitions as well as the emotional rhetoric that has unfortunately dominated both the scholastic and political debate on neoliberalism and global market-oriented reform. This book emphasizes that there are in fact a variety...

The elections of Bill Clinton and Tony Blair in the 1990s saw the consolidation and completion of critical aspects of the Reagan-Thatcher fiscal agenda. This impressive book critically analyzes this process. It has been previously thought that this process of adopting common fiscal policies was caused by economic integration and globalization, Fiscal Policy From Reagan to Blair reveals a much more comprehensive explanation - one that includes domestic factors. Whether fiscal policy conversion is seen as a good or a bad thing, this book shall unite both left and right in better explaining the...