Twentieth-Century America provides a comprehensive analysis of the changes and continuities in the US political system from 1900 to 2000, a period of unprecedented growth and power in US history, though one that was also punctuated by crises and division.
Using recent economic crises in the United States, Europe and Argentina to examine the interactions of power, politics and markets, Shambaugh analyses how political uncertainty affects market risks and identifies the conditions under which economic technocrats can compensate for political turmoil and manage market behaviour.
Most Americans admire the determination and drive of artists, athletes, and CEOs, but they seem to despise similar ambition in their elected officials. The structure of political representation and the separation of powers detailed in the United States Constitution were intended to restrain self-interested ...