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Author: John Keane
Publisher: Routledge
ISBN: 0429675437
Category : Business & Economics
Languages : en
Pages : 259
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Book Description
First published in 1986. This book analyses, at an introductory level, the four main and competing political interpretations of the cause of unemployment and the future of paid work – social democracy, free market liberalism, the disciplinary state, and utopian socialism. Considered together these four interpretations are highly revealing – and challenging. They raise considerable doubts about the viability or desirability of policies design to ‘get the jobless back to work’. Keane and Owens’ central argument is that the post-war policy of full male employment, as well as its politic, economic and social preconditions, are not repeatable, Starting with Keynes and Beveridge, they explain how and why full employment welfare states developed in Britain and the US, and how they had in turn been replaced by the ‘strong state, free market’ programmes of Thatcher and Reagan. By focusing on an issue which was, and still is, at the heart of political debate, the book provides a lucid and approachable guide to four key strands of political thought it Britain and the US. It will be an ideal introductory text for students of politics, sociology and economics.
Author: John Keane
Publisher: Routledge
ISBN: 0429675437
Category : Business & Economics
Languages : en
Pages : 259
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Book Description
First published in 1986. This book analyses, at an introductory level, the four main and competing political interpretations of the cause of unemployment and the future of paid work – social democracy, free market liberalism, the disciplinary state, and utopian socialism. Considered together these four interpretations are highly revealing – and challenging. They raise considerable doubts about the viability or desirability of policies design to ‘get the jobless back to work’. Keane and Owens’ central argument is that the post-war policy of full male employment, as well as its politic, economic and social preconditions, are not repeatable, Starting with Keynes and Beveridge, they explain how and why full employment welfare states developed in Britain and the US, and how they had in turn been replaced by the ‘strong state, free market’ programmes of Thatcher and Reagan. By focusing on an issue which was, and still is, at the heart of political debate, the book provides a lucid and approachable guide to four key strands of political thought it Britain and the US. It will be an ideal introductory text for students of politics, sociology and economics.
Author: Robert Pollin
Publisher: MIT Press
ISBN: 0262017571
Category : Business & Economics
Languages : en
Pages : 206
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Book Description
Economist Robert Pollin argues that the United States needs to try to implement full employment and how it can help the economy.
Author: James Livingston
Publisher: UNC Press Books
ISBN: 1469630664
Category : Business & Economics
Languages : en
Pages : 128
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Book Description
For centuries we've believed that work was where you learned discipline, initiative, honesty, self-reliance--in a word, character. A job was also, and not incidentally, the source of your income: if you didn't work, you didn't eat, or else you were stealing from someone. If only you worked hard, you could earn your way and maybe even make something of yourself. In recent decades, through everyday experience, these beliefs have proven spectacularly false. In this book, James Livingston explains how and why Americans still cling to work as a solution rather than a problem--why it is that both liberals and conservatives announce that "full employment" is their goal when job creation is no longer a feasible solution for any problem, moral or economic. The result is a witty, stirring denunciation of the ways we think about why we labor, exhorting us to imagine a new way of finding meaning, character, and sustenance beyond our workaday world--and showing us that we can afford to leave that world behind.
Author: John Maynard Keynes
Publisher: Atlantic Publishers & Dist
ISBN: 9788126905911
Category : Business & Economics
Languages : en
Pages : 410
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Book Description
John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and "Keynesian" views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning
Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066959
Category : Business & Economics
Languages : en
Pages : 545
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Book Description
Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Author: Robert Brenner
Publisher: Verso
ISBN: 9781859847305
Category : Business & Economics
Languages : en
Pages : 412
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Book Description
A commanding survey of the world economy from 1950 to the present, from the author of the acclaimed The Boom and the Bubble.
Author: L. Randall Wray
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 216
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Book Description
By showing that the basic assumptions if mainstream macroeconomics were and are flawed, the author aims to convince the reader that full employment and price stability are fully compatible goals in the modern world.
Author: William H. Beveridge
Publisher: Routledge
ISBN: 1317569784
Category : Business & Economics
Languages : en
Pages : 442
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Book Description
Beveridge defined full employment as a state where there are slightly more vacant jobs than there are available workers, or not more than 3% of the total workforce. This book discusses how this goal might be achieved, beginning with the thesis that because individual employers are not capable of creating full employment, it must be the responsibility of the state. Beveridge claimed that the upward pressure on wages, due to the increased bargaining strength of labour, would be eased by rising productivity, and kept in check by a system of wage arbitration. The cooperation of workers would be secured by the common interest in the ideal of full employment. Alternative measures for achieving full employment included Keynesian-style fiscal regulation, direct control of manpower, and state control of the means of production. The impetus behind Beveridge's thinking was social justice and the creation of an ideal new society after the war. The book was written in the context of an economy which would have to transfer from wartime direction to peace time. It was then updated in 1960, following a decade where the average unemployment rate in Britain was in fact nearly 1.5%.
Author: John Maynard Keynes
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: United States. Congress. Senate. Committee on Banking and Currency
Publisher:
ISBN:
Category : Full employment policies
Languages : en
Pages : 1294
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Book Description
Considers legislation to establish a national policy and program for assuring continuing full employment in a free competitive economy, through the concerted efforts of industry, agriculture, labor, state and local governments, and the Federal Government.
