Download or read book The Fiscal Revolution in America written by Herbert Stein and published by Chicago : University of Chicago Press. This book was released on 1969 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: This classic study chronicles the revolution in fiscal policy that occurred in the United States between the administrations of Herbert Hoover and John F. Kennedy. This period witnessed the doctrine of balancing the budget give way to the principle of managing government expenditures and taxes to ensure stability and growth.