There are two books which should meet your need, I think.
First book:
The Great Inflation and Its Aftermath: The Past and Future of American Affluence
by Robert J. Samuelson
'The Great Inflation' is about the inflationary period that plagued the US economy from the middle 1960s until the early 1980s. It spawned four recessions, three of them were deep and severe. The book dives into much det ...
There are two books which should meet your need, I think.
First book:
The Great Inflation and Its Aftermath: The Past and Future of American Affluence
by Robert J. Samuelson
'The Great Inflation' is about the inflationary period that plagued the US economy from the middle 1960s until the early 1980s. It spawned four recessions, three of them were deep and severe. The book dives into much detail about what inflation is and how it comes about and how the government responds to it. Samuelson's basic thesis is that inflation was the result of a national obsession with full employment even as business was expanding. This led to higher wages which led to higher product costs which led to higher wages etc. He said it was self sustaining and erroded away at the American idea that things would be better tomorrow. In the middle of the book he goes into the painful attempts to rid the economy of inflation. This led to two recessions: the 1980 recession and the 1981-1982 recession. People forget how painful these downturns were especially today. He gives an amazing narrative on how the recessions unfolded. The way he talks and goes on makes you feel the pain that people felt back during those times.
Second book:
Capitalizing on Crisis
By Greta R. Krippner
This book focuses on deregulation of financial markets during the 1970s and 1980s, encouragement of foreign capital into the U.S. economy in the context of large fiscal imbalances in the early 1980s, and changes in monetary policy following the shift to high interest rates in 1979.
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