Vicious cycle : presidential decision making in the american political economy / Constantines J. Spiliotes.

List of Figures, viii -- List of tables, ix -- Preface, xi -- Part I. Toward a theory of institutional responsibility in presidential decision making, 3 -- Introduction, 3 -- 1. Theoretical perspectives on presidential decision making in the American political economy, 5 -- 2. The evolution of the president as macroeconomic policy maker, 1908-46, 23 -- 3. A model of partisanship, institutional responsibility, and presidential decision making in the American political economy, 46 -- Part II. A test of the theory with four presidential case studies, 71 -- Introduction, 71 -- 4. Democratic presidents and the republican logic of anti-inflation policy, 73 -- 5. Republican presidents and the democratic logic of unemployment policy, 107 -- 6. Presidents, electoral politics, and the logic of the political business cycle, 131 -- 7. Final thoughts on presidential decision making, 144 -- Appendix A. Macroeconomic initiatives of presidents Eisenhower through Clinton, 1953-96, 151 -- Appendix B. Overview of institutions and the macroeconomy, 178 -- Appendix C. Distribution of variables, 180 -- Notes, 181 -- Bibliography, 195 -- Index, 207.