The Great Society programs, enacted in the mid 1960's under president Lyndon B. Johnson's administration, remain even after more than a half-century a controversial topic of American economic history. This thesis analyzes the main measures of the Great Society in context of escalating public expenditures to finance the Vietnam War. The results show major impact of the Great Society deepening of problems the US economy in the 1970's and for current structural imbalances of the Federal budget. The link with closing of the "golden window" is rather indirect and causes of unilateral break of Bretton-Woods Agreement was caused mainly by expansionary monetary policy and seeking of full employment level by the Nixon administration.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:193611 |
| Date | January 2013 |
| Creators | Strejček, Ivo |
| Contributors | Tajovský, Ladislav, Johnson, Zdenka |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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