•  
  •  
 

Document Type

Article

Abstract

Walter Heller's economic leadership within the political realm opened a Pandora's Box for politicians in Washington and for the American public. As Chair of the Council of Economic Advisers (CEA) during the Kennedy administration, Heller was able to introduce Keynesian economics into the political mainstream and oversee the passage of the first federal tax cuts for the purpose of stimulating demand and economic growth. In the process, however, Heller helped remove politicians' historical reservations regarding budget deficits, setting the stage for today's staggering deficit problem.

Publication Date

1997

Journal Title

Draftings In

Volume

9

Issue

3

First Page

38

Last Page

48

Comments

This issue is also considered v.10 of the initial publication series of Major Themes in Economics.

No cover/title page date shown on piece.

Copyright

© 1997 by the Board of Student Publications, University of Northern Iowa

Language

en

File Format

application/pdf

Share

COinS
 
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.