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Author: J. E. Meade
Publisher: Routledge
ISBN: 1136708618
Category : Business & Economics
Languages : en
Pages : 267
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Book Description
This reissue, first published in 1982, is the first of two volumes on the causes and cure of Stagflation - the two-headed monster that combines mass unemployment with rapid inflation, which affected contemporary economies across the industrially developped world in the 1970s. Professor Meade outlines the nature of the problem, contrasting the Great Slump of the 1930s with the Great Stagflation of the 1970s and comparing the Orthodox Keynesian and Monetarist approaches with the New Keynesian strategy. Various proposals for the reform of wage-fixing institutions are discussed, including the limitation of trade-union bargaining powers, an official incomes policy, labour management and ownership in business, and tax or subsidy measures to discourage inflationary rises in wages and prices. The book will be essential reading for all concerned with both the theory and policy of contemporary macroeconomics, industrial relations, labour economics and labour law. It has been written so that the general argument in the main text is accessible to the general reader as well as of interest to the professional economist.
Author: J. E. Meade
Publisher: Routledge
ISBN: 1136708618
Category : Business & Economics
Languages : en
Pages : 267
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Book Description
This reissue, first published in 1982, is the first of two volumes on the causes and cure of Stagflation - the two-headed monster that combines mass unemployment with rapid inflation, which affected contemporary economies across the industrially developped world in the 1970s. Professor Meade outlines the nature of the problem, contrasting the Great Slump of the 1930s with the Great Stagflation of the 1970s and comparing the Orthodox Keynesian and Monetarist approaches with the New Keynesian strategy. Various proposals for the reform of wage-fixing institutions are discussed, including the limitation of trade-union bargaining powers, an official incomes policy, labour management and ownership in business, and tax or subsidy measures to discourage inflationary rises in wages and prices. The book will be essential reading for all concerned with both the theory and policy of contemporary macroeconomics, industrial relations, labour economics and labour law. It has been written so that the general argument in the main text is accessible to the general reader as well as of interest to the professional economist.
Author: David Vines
Publisher: Routledge
ISBN: 1136708480
Category : Business & Economics
Languages : en
Pages : 566
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Book Description
Comprising Wage-Fixing (first published 1982), and Demand Management (first published 1983) this two volume reissued set is a vital and stimulating analysis of the causes and consequences of stagflation – a paralysing combination of mass unemployment and rapid inflation which affected a variety of economies across the developed world in the 1970s and early 1980s. Wage-Fixing, written by James Meade, deals primarily with the needed reform of wage-fixing institutions, contrasting the Great Depression of the 1930s with the Great Stagflation of the 1970s. Meanwhile Demand Management is devoted to the design of fiscal, monetary and foreign exchange-rate policies for the control of the money demand for the products of labour. This volume deals with the theory of demand management, feedback control and the creation of a dynamic model of the UK economy. Written in clear and accessible language, this reissue will appeal to the general reader as well as students of economics and professional economists. It should be required reading for all those who wish to learn the lessons of the Great Stagflation of the 1970s to avoid a repetition in the current economic climate.
Author: David A Vines
Publisher: Routledge
ISBN: 1136708553
Category : Business & Economics
Languages : en
Pages : 313
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Book Description
First published in 1983, this is the second of two volumes on the causes and cure of stagflation – that combination of mass unemployment and rapid inflation that is currently afflicting the mixed economies of the industrially developed world. The authors deplore the unemployment due to the failure of governments to adopt Keynesian measures for the expansion of economic activity, but recognise that in present conditions such measures would lead to an unacceptable and explosive inflation of money wages and prices. They therefore advocate a dual strategy of financial policies for a steady expansion of total money incomes combined with individual wage rates set at levels to promote employment. The book is of importance for all those concerned with macroeconomic theory and policy. The description of the meaning of a New Keynesian policy and of the arguments for it have been written in a way which should be intelligible to policy-makers and students, and not only to economists with technical training. Professional macroeconomists will be interested not only in these sections but also in the fully specified macroeconomic model used to analyse New Keynesian policies in economic terms and to carry out a counterfactual re-running of history. In addition, the unusually detailed exposition of the application of control techniques to a difficult multivariable control problem also makes the book of interest to control engineers who wish to acquaint themselves with recent generalisations of classical frequency response methods.
Author: Iorwerth Prothero
Publisher: Routledge
ISBN: 1136163867
Category : History
Languages : en
Pages : 435
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Book Description
First published in 1979, this book was the first, full-length study of working-class movements in London between 1800 and the beginnings of Chartism in the later 1830s. The leaders and rank and file in these movements were almost invariably artisans, and this book examines the position of the skilled artisan in politics. Starting from the social ideals, outlook and the experience of the London artisan, Dr Prothero describes trade union, political, co-operative, educational and intellectual movements in the first forty years of the century. Setting a scene of alternating growth and contraction in trade, successive hostile governments and the increasing articulation of working-class consciousness the author shows that artisans could be no less militant, radical or anti-capitalist than other groups of working class men.
Author: Joel Mokyr
Publisher: Routledge
ISBN: 113666842X
Category : History
Languages : en
Pages : 284
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Book Description
In recent years, scholars from a variety of disciplines have addressed many perplexing questions about the Industrial Revolution in all its aspects. Understandably, economics has become the focal point for these efforts as professional economists have sought to resolve some of the controversies surrounding this topic. First published in 1985, this collection contains ten key essays written by leading economists on the subject of the Industrial Revolution. Among the questions discussed are the causes for the pre-eminence of Britain, the roles of the inputs for growth (capital, labor, technical progress), the importance of demand factors, the relation between agricultural progress and the Industrial Revolution, and the standard of living debate. The essays demonstrate that the application of fresh viewpoints to the literature has given us a considerable new body of data at our disposal, making it possible to test commonly held hypotheses. In addition, this new data has enabled economists to apply a more rigorous logic to the thinking about the Industrial Revolution, thus sharpening many issues heretofore blurred by slipshod methodology and internal inconsistencies.
Author: Middle East Research Institute
Publisher: Routledge
ISBN: 1317450175
Category : Social Science
Languages : en
Pages : 193
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Book Description
First published in 1985, this study, focusing on Israel, looks at the underlying reasons why certain political, economic and social events have taken place in the country’s history. It provides vital analysis of the political and economic issues of the country, and those that have affected it, as well as providing statistical material on all the key data of the political economy. The book was originally published as part of the Middle East Research Institute (MERI) Reports on the Middle East which quickly established themselves as the most authoritative and up-to-date information on the state of affairs in the region.
Author: J. Henry Richardson
Publisher: Taylor & Francis
ISBN: 1000527808
Category : Business & Economics
Languages : en
Pages : 201
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Book Description
First Published in 1927, A Study on the Minimum Wage contains constructive proposals regarding the essential features of a satisfactory minimum wage system. Based on a comprehensive international study of existing legislation and practice in the 1920s, it brings crucial themes like objects of minimum wage legislation; the living wage; provisions for the worker’s family; relation between the wages of men and women; machinery for fixing minimum wages; methods of enforcement; and the capacity of industry to pay. Rich in archival resources, this book is an essential read for students and researchers of labour history, labour economics, and political economy in general.
Author: Alison Preston
Publisher: Routledge
ISBN: 1351783122
Category : Business & Economics
Languages : en
Pages : 253
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Book Description
This title was first published in 2001. Drawing on the fields of labour economics and industrial relations, this book simultaneously applies human capital theory and institutional analysis to an explanation of occupational and other wage differentials. This outstanding study contains a wealth of reference material on both the economic and normative determinants of wages. Destined to become a landmark study in the area of Australian wage determination, the book is an essential text for labour economists, industrial relations specialists, researchers and policy makers alike.
Author: Marcello Musto
Publisher: Cambridge University Press
ISBN: 1108850766
Category : Social Science
Languages : en
Pages : 431
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Book Description
The planet is in deep trouble because of capitalism, and Karl Marx, freed from the chains of “real socialism”, is being rediscovered all around the world as the thinker who provided us with its most insightful critique. The Marx Revival is the best, most complete and most modern guide to Marx's ideas that has appeared since the fall of the Berlin Wall. Written by highly reputed international experts, in a clear form accessible to a wider public, it brings together the liveliest and most thought-provoking contemporary interpretations of Marx's work. It presents what he actually wrote in respect of 22 key concepts, the areas that require updating as a result of changes since the late-nineteenth century, and the reasons why it is still of such relevance in today's world. The result is a collection that will prove indispensable both for specialists and for a new generation approaching Marx's work for the first time.
Author: Barrington Moore, Jr
Publisher: Routledge
ISBN: 1315496836
Category : Political Science
Languages : en
Pages : 342
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Book Description
First published in 1950, this book investigates the interaction between Communist ideology and Soviet political practices from the period of Lenin's theoretical formulations to the contemporary Soviet bureaucratic state.
