No Binding. Condition: Very Good. Condition: Very Good. Cut Sigature from Yale return address envelope hand-SIGNED by Economist James Tobin (signed 'J. Tobin'). SIGNED ITEM.
No Binding. Condition: Fine. Condition: FINE. 6" x 3 1/2" card --SIGNED by Economist James Tobin: "My greatest stisfaction is the progress and success of my students. James Tobin". SIGNED ITEM.
Published by New Haven: Cowles Foundation for Research in Economics at Yale University, 1981., 1981
Seller: Ted Kottler, Bookseller, Redondo Beach, CA, U.S.A.
First Edition
Soft cover. Condition: Very Good. No Jacket. 1st Edition. First separate edition; originally published as Chapter 1 in Chipman, John J. & Charles P. Kindleberger (eds.), Flexible Exchange Rates and the Balance of Payments (1980). Pp. 5-28. Original wrappers. Very Good. Cowles Foundation Paper No. 508. James Tobin: Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 1981, 'for his analysis of financial markets and their relations to expenditure decisions, employment, production and prices.' At the end of subsection 3, 'Possible Extensions and Elaborations of the [One-period] Model' of his Nobel lecture, 'Money and Finance in the Macro-Economic Process', Tobin gives the footnote, 'On the topic of this subsection, see Tobin and de Macedo (1980; offered here), which describes more fully the simple model and takes the first and second steps of amendment.'.
The comment was to be published in a forthcoming issue of the `Journal of Monetary Economics`. Tobin was, besides teaching and research at Harvard and Yale University, strongly involved in the public life, writing on current economic issues and working as an economic expert and policy consultant. During 1961-62, he himself had served as a member of John F. Kennedy`s Council of Economic Advisors, then as a consultant between 1962-68. The 1982 report he comments here, was the first after Ronald Reagan`s election and so was "the occasion for his advisers to expound in full detail the administration`s economic strategy and its rationale" (Tobin, S. 1). "The 1982 Report is a manifesto of counter-revolution." (Tobin, S. 2). "The Report holds out little hope for fiscal policy as a tool of stabilization." (Tobin, S. 10). "No article of Reaganomic faith is more central than the proposition that the economic difficulties of recent years are due to the growth of the federal government." (Tobin, S. 14). Attached his signed, printed portrait and a signed letter concerning the typescript. Sprache: Deutsch Gewicht in Gramm: 500.