ISBN:
9781035304981
Language:
English
Pages:
1 Online-Ressource (xxx, 141 pages)
Parallel Title:
Erscheint auch als
Parallel Title:
Elektronische Reproduktion von Vickrey, William S., 1914 - 1996 Full employment and price stability
DDC:
339.5
Keywords:
Employment (Economic theory)
;
Full employment policies
;
Price regulation
;
Macroeconomics
Abstract:
Collecting Nobel Laureate William S. Vickrey's articles on macroeconomic theory and policy written towards the end of his career, this volume demonstrates his enduring commitment to full employment and price stability, and his rejection of conventional macroeconomic theorizing. William Vickrey never lost hope that sensible macroeconomic policy could be understood and implemented, a faith inspired by his humanistic vision of a better world for all and his belief that common sense would ultimately prevail. Advocating sensible economic policies, this collection will offer much of value to heterodox and orthodox economists, graduate economics students and also policymakers
Description / Table of Contents:
Contents: Preface by David Colander -- Introduction -- 1. Budget-smudget: Why balance what, how and when? -- 2. The need for a direct anti-inflation program -- 3. Design of a market anti-inflation program -- 4. Meaningfully defining deficits and debt -- 5. Chock-full employment without increased inflation: A proposal for marketable markup warrants -- 6. An updated agenda for progressive taxation -- 7. Today's task for economists -- 8. My innovative failures in economics -- 9. The other side of the coin -- 10. Necessary and optimum government debt -- 11. Why not chock-full employment? -- 12. A trans-Keynesian manifesto -- 13. Fifteen fatal fallacies of financial fundamentalism: A disquisition on demand side economics -- 14. We need a bigger 'deficit' -- epilogue by James K. Galbraith -- Index.
Note:
Collection of previously published articles
,
Includes bibliographical references and index
URL:
Deutschlandweit zugänglich
URL:
Deutschlandweit zugänglich
