Full Employment Regained?: An Agathotopian Dream: 61 (Department of Applied Economics Occasional Papers, Series Number 61) - Softcover

Meade, J. E.

Softcover

ISBN 10: 052155697X ISBN 13: 9780521556972

Publisher: Cambridge University Press, 1991

Synopsis

'Have we given up trying to gain full employment?' 'If not, what should we be trying to do about it?' These are the fundamental questions that James Meade poses, and attempts to answer, in this short but timely book. As the issue of full employment moves once again to the centre of the political debate, Professor Meade draws our attention to a number of economic and financial factors which are neglected in debate, and suggests a novel package of changes which could be used to tackle the full employment problem. He condemns the neglect of macroeconomic analysis in designing full-employment policies, and asserts that the money value of total domestic production rather than the price level should be the object of a combined fiscal-monetary policy, which itself should focus on low interest rates rather than low tax rates.

About this title

Book Description

This book from James Meade examines the problem of full employment, a topic which has once again moved to the centre of the political debate. In a short non-technical discussion Meade suggests a novel package of changes in economic and financial policies and institutions which could be used to tackle the full employment problem.

About the Author

Robert M. Solow is Institute Professor Emeritus and Professor of Economics Emeritus at MIT and is one of the major figures of neo-Keynesian synthesis macroeconomics. In 1987 he was awarded the Nobel Memorial Prize in Economics.

Edition details

• Publisher: Cambridge University Press
• Publication date: 1991
• Language: English
• ISBN 10: 052155697X
• ISBN 13: 9780521556972
• Binding: Paperback
• Number of pages: 116