Full Employment without Inflation PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Full Employment without Inflation PDF full book. Access full book title Full Employment without Inflation by Tim Hazledine. Download full books in PDF and EPUB format.
Author: Tim Hazledine
Publisher: Springer
ISBN: 1349176974
Category : Business & Economics
Languages : en
Pages : 265
Get Book Here
Book Description
Author: Tim Hazledine
Publisher: Springer
ISBN: 1349176974
Category : Business & Economics
Languages : en
Pages : 265
Get Book Here
Book Description
Author: Benjamin Higgins
Publisher: Routledge
ISBN: 1351292358
Category : Business & Economics
Languages : en
Pages : 384
Get Book Here
Book Description
The world economy has undergone a fundamental transformation in recent decades and theoretical structures inherited from the 1930s through the 1950s, while retaining large elements of truth, are inadequate to deal with current problems. Benjamin Higgins feels that for a society such as the United States a fiscal policy needs to be adopted that can deal simultaneously with existing unemployment and inflation. He suggests three possible governmental policies: stimulating a high rate of long-run growth, by use of reward innovations and by maintaining the highest possible level of scientific and technical activity; isolating regions that are generators of inflation and others that are pools for unemployment; and establishing a system of direct controls similar to those used in wartime. Higgins describes the transformation of the cogent prewar business cycle, with its alternations of inflation or unemployment, then a transitional period of underemployment equilibrium and secular stagnation, and finally, the strange new world of today, one with economic fluctuations in the form of shifting trade-off curves and loops. He then applies his new paradigm to current problems, showing why they cannot be managed through macroeconomic monetary and fiscal policy. Higgins offers case studies of efforts to fight inflation and unemployment, and to reduce regional gaps, to show their strengths and weaknesses. It can be said that unemployment always results from too many people chasing too few jobs, and inflation is always caused by too much money chasing too few goods and services. Beyond such banal generalizations, Higgins maintains there is no single cause for either unemployment or inflation, and thus no single cure can be prescribed for either, let alone for both at once. Nor is it to be expected that the appropriate cure will prove to be the same in all countries at all times. He suggests that an optimal blend of monetary and fiscal policy that will produce the "minimum discomfort" is a good start. Employment Without Inflation will be of direct policy interest to economists, sociologists, and national planners.
Author: Committee for Economic Development
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 92
Get Book Here
Book Description
Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066959
Category : Business & Economics
Languages : en
Pages : 545
Get Book Here
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: Committee for Economic Development. Research and Policy Committee
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 76
Get Book Here
Book Description
Author: Leon Hirsch Keyserling
Publisher:
ISBN:
Category : Full employment policies
Languages : en
Pages : 64
Get Book Here
Book Description
Author: Roger W. Spencer
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 14
Get Book Here
Book Description
Author: Abba Ptachya Lerner
Publisher: Penguin Group
ISBN:
Category : Business & Economics
Languages : en
Pages : 204
Get Book Here
Book Description
Introduction to the economic theory of inflation, economic recession and economic policy in the USA - covers price controls and price policy, sound financing and spending, currency, incomes policy, the gold standard, foreign exchange issues, etc.
Author: Jonathan Michie
Publisher: OUP Oxford
ISBN: 9780198290933
Category : Business & Economics
Languages : en
Pages : 284
Get Book Here
Book Description
From a post-war assumption that full employment could be maintained through demand management techniques, we now live in an entirely different world. The contributors to this volume consider whether full employment is possible or affordable.
Author: Committee for Economic Development
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages :
Get Book Here
Book Description
