Supply-Side Management in the Reagan Administration
Bibliographic Data
| ID | 6365385 |
|---|---|
| Authors | James D Carroll (0000-0002-9205-1061), A Lee Fritschler, Bruce L R Smith |
| Year | 1985 |
| Volume | 45 |
| Issue | 6 |
| Pages | 805-805 |
| Publication date | 1985-11-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Public Administration Review (JOURNAL) |
| Journal identifiers | ISSN: 0033-3352 • E-ISSN: 1540-6210 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.2307/975355 |
| OpenAlex | W2313266454 |
| Language | EN |
| Citations received | 8 |
| References cited | 2 |
The Reagan administration's economic strategy is a well-known feature of its approach to government. Most observers acknowledge that the administration has tried to bring a distinctive philosophy to economic management. Less recognized, but no less important, is a supply-side management style that is the logical corollary to the administration's economic doctrine. In this article we identify the major components of this management approach, relate it to intellectual precursors in administrative theory, and assess its likely contributions to the theory and practice of public administration. This is not the place for a full-dress analysis of supply-side economics, but a few of its principles should be noted. ' Supply-side economics asserts that the weight of government expenditures (and the resulting tax burden) has acted as a drag on economic growth. By lowering expenditures and taxes, energies in the private marketplace will be unleashed so as to bring about surging economic growth and new prosperity. Revenues will naturally increase along with growth to pay for the essential governmental services that remain. Hence less becomes more. It is essentially a capital formation strategy: new capital will create productive capacity, jobs, and wealth in an accelerating and self-sustaining cycle. The task of government becomes different from merely responding to citizen demands, many of which are generated by government programs themselves and the constituencies they create. Government's role, rather, is to help unleash the supply of goods and services in the economy. This process will reveal the citizenry's true wants and the means for satisfying them
Administration (probate law · Business · Political science · Politics · Reagan administration · Supply side · Corruption and Economic Development · Fiscal Policy and Economic Growth · Law · Local Government Finance and Decentralization · Public Administration
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| Unique citing works | 8 |
|---|---|
| Citations per year | 0.2 |
| Citation span | 1986 - 1995 (10) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 8 |