Prior to the Reagan administration, the United States economy experienced a decade of high unemployment and persistently high inflation (known as stagflation). Attacks on Keynesian economic orthodoxy as

Overview
Spending during the years Reagan budgeted (FY 1982–89) averaged 21.6% GDP, roughly tied with

According to a 1996 study by the Cato Institute, a libertarian think tank, on 8 of the 10 key economic variables examined, the American economy performed better during the Reagan years than during the pre- and post-Reagan years. The study asserted that real median

1. ^ Holley, Joe (March 1, 2009). "Broadcaster Delivered 'The Rest of the Story'". The Washington Post. Retrieved March 1, 2009.
2. ^ Springer, Simon; Birch, Kean; MacLeavy, Julie,

In his 1980 campaign speeches, Reagan presented his economic proposals as a return to the free enterprise principles, free market economy that

Reagan lifted remaining domestic petroleum price and allocation controls on January 28, 1981, and lowered the oil windfall profits tax in August 1981. He ended the oil windfall

• Abenomics
• Clintonomics
• Mellonomics
• Monetarism
• Mont Pelerin Society
• Economic liberalism