"The Political Business Cycle: New Evidence from the Nixon Tapes"
Burton A. Abrams; James L. Butkiewicz;
Subject: Monetary Policy; Political Business Cycle
jel: jel:E58 | jel:E3 | jel:E5
Drawing from the personal tape recordings made during the presidency of Richard Nixon, we uncover and report in this paper new evidence that Nixon manipulated Arthur Burns and the Federal Reserve Bank into creating a political business cycle that helped secure Nixon’s r... View more