Government and the Economy
An Encyclopedia
by David A. Dieterle and Kathleen C. Simmons, Editors
October 2014, 552pp, 7 x 10
1 volume, Greenwood

Hardcover: 978-1-4408-2903-1
$110, £85, 96€, A151
eBook Available: 978-1-4408-2904-8
Please contact your preferred eBook vendor for pricing.

For centuries, citizens have challenged government’s role in the economy.

In this non-biased, politically neutral compendium, the authors trace the evolution of the U.S. government's role in the economy, including the history, ideas, key players, and court rulings that influenced its involvement.

Today’s economic environment is in constant flux, as is the participation of governments in it. Local, state, national, and global governmental agencies have taken on new responsibilities—with both positive and negative economic consequences. This book looks at the changing role of American government in the economy, from determining the measurements of economic health, to being mindful of corporate sustainability, to legislating business practices and consumer affairs.

This comprehensive collection of essays draws from the contributions of 25 economic scholars along with seasoned educators David A. Dieterle and Kathleen C. Simmons to examine economic systems and the factors that influence them. The work includes summaries of important Supreme Court cases that have impacted America’s economic infrastructure, biographies of famous economists, and descriptions of the seven key economic systems—command (socialism), democratic socialism, fascism, market (capitalism), state capitalism, transitional, and welfare state.


  • Utilizes helpful Topic Finders to help students study specialized entry categories
  • Provides a summary of an individual's or topic's highlights through informative sidebars
  • Includes almost 50 maps, graphs, and photos to visually supplement the content
  • Features a glossary to explain and clarify unfamiliar terms
  • Discusses the impact of pivotal Supreme Court cases on the U.S. economic system
David A. Dieterle, PhD, is professor and lecturer of economics at Walsh College, Troy, MI, and the University of Michigan-Flint. He is a national teaching fellow for the Foundation for Teaching Economics. Formerly, he served in economic education centers and councils in Ohio, Nebraska, Illinois, Wisconsin, and Michigan. His published works include Greenwood's Economic Thinkers: A Biographical Encyclopedia; Economic Experiences: Teachers Manual; and Energy and Economics: An Activities Book. Dieterle holds a doctorate from Michigan State University.

Kathleen C. Simmons is adjunct instructor of political science at San Antonio College and St. Phillips College. Formerly, she taught AP economics and government, receiving multiple awards from the Comal ISD in New Braunfels, TX. Her published works include Greenwood's Economic Thinkers: A Biographical Encyclopedia and various writings for the National Council for Economic Education, Junior Achievement, and the Foundation for Teaching Economics. Simmons holds a master's degree from Texas State University.


"The diversity of the articles, the useful references following each article, and the attractive price make this a reference that will find frequent use on the shelves of high-school, college, and government and social-science libraries."—Booklist, February 1, 2015

"[A] handy resource, which will surely aid anyone doing research on US governmental-economic relationships. Recommended. All academic and general audiences; profesionals/practitioners."—Choice, October 1, 2015

"Overall, I would recommend this book to educators at the high school level. Public libraries may also find the book a useful reference item."—Reference Reviews, April 28, 2016
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