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This book examines one of the most important economic outcomes in American history-the breakdown of the Keynesian Revolution. Drawing on economic literature, the memoirs of economists and politicians, and the popular press, Eric Crouse examines how economic decline in the 1970s precipitated a political revolution. Keynesian thought flourished through the presidencies of Lyndon B. Johnson, Richard Nixon, and Gerald Ford, until stagflation devastated American workers and Jimmy Carter´s economic policies faltered, setting the stage for the 1980 presidential campaign. Tracking years of shifting public opinion and colorful debate between free-market and Keynesian economists, this book illuminates a neglected era of American economic history and shows how Ronald Reagan harnessed a vision of small government and personal freedom that transformed the American political landscape.

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1. Introduction
2. The Keynesian Revolution, 1936-1965
3. Johnson´s Great Society to Nixon´s Gamble
4. Ford´s Economy
5. The Presidential Campaign of 1976
6. Carter´s Keynesian Start
7. Inflation and Taxes in 1978
8. The Energy Crisis
9. On the Brink of Economic Revolution
10. The Presidential Campaign of 1980

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Eric R. Crouse is Professor of History and Global Studies at Tyndale University College, Canada.

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