The Cost of Living in America

Name: The Cost of Living in America
Brand: Cambridge University Press
SKU: 9780521719247
Price: 5234.0 INR
Availability: InStock

by Thomas A. Stapleford

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ISBN13: 9780521719247
Binding: Paperback
Subject: N/A
Publisher: Cambridge University Press
Publisher Imprint: Cambridge University Press
Publication Date: August 31, 2009
Pages: 440
Original Price: USD 53.0
Language: English
Edition: 1
Item Weight: 567 grams
BISAC Subject(s): Economics / Macroeconomics

About The Book

Since the late nineteenth century, the "cost of living" has been a prominent part of debates about American political economy. By the early twentieth century, that prominence had taken a quantitative turn, as businessmen, unions, economists, and politicians all turned to cost-of-living statistics in their struggle to control and reshape the American economy. Today, the continuing power of these statistics is exemplified by the U.S Consumer Price Index, whose fluctuations have enormous consequences for economic policy and the federal budget (including the allocation of hundreds of billions of dollars annually through cost-of-living escalator clauses in programs such as Social Security). In this book, Stapleford interweaves economic theory with political history to create a novel account of the quantitative knowledge that underpins much of American political economy. Demonstrating that statistical calculations inevitably require political judgments, he reveals what choices were made in constructing and using cost-of-living statistics and why those choices matter both for our understanding of American history and for contemporary political and economic life.

About The Author

Stapleford, Thomas A.: - Thomas Stapleford received his Ph.D. from the Department of the History of Science at Harvard University in 2003, where he studied the history of the social sciences. His dissertation, the basis for this book, won the Joseph Dorfman Best Dissertation Award from the History of Economics Society in 2004. Stapleford is currently an assistant professor in the Program of Liberal Studies at the University of Notre Dame and was a Visiting Scholar at the American Academy of Arts & Sciences in Cambridge, Massachusetts, in 2008-2009. He has published related work in the Journal of American History, Labor History, and Labor: Studies in the Working-Class History of the Americas. Research for this book was supported by the National Science Foundation, the Notre Dame Faculty Research Program, and the Harvard Center for American Political Studies.

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