Full Employment Regained?
Full Employment Regained?
October 1995
Available
Paperback
9780521556972
$42.00
USDPaperback
This book condemns neglect of macroeconomic analysis in designing Full-Employment policies. The money value of total domestic production rather than the price level should be the objective of a combined fiscal-monetary policy emphasizing low interest rates rather than low tax rates. Full Employment without unacceptable inflation or poverty needs radical reforms, such as labor-capital partnerships, low real wage rates offset by a universal tax-free social benefit, abolition of national insurance contributions, and highly progressive taxation of income and wealth for budget surpluses to redeem national debt. Free international movements of capital funds impede independent national reforms.
- Written by the famous winner of the 1977 Nobel Prize for economics, James Meade
- Asks the fundamental questions 'Have we given up trying to gain full employment, and what should we be doing about it?'
- Written in simple non-technical language primarily for politicians, political party advisers, financial, economic and political editors etc.
Product details
October 1995Paperback
9780521556972
116 pages
203 × 127 × 7 mm
0.14kg
2 b/w illus.
Available
Table of Contents
- Foreword Robert M. Solow
- Preface
- 1. Introduction
- 2. Demand management
- 3. The setting of prices and of wage rates
- 4. The distribution of income and wealth
- Appendix A: The distinction between underdeveloped and overdeveloped economies
- Appendix B: A diagrammatic representation of a citizen's income financed by a withdrawal surcharge
- 5. External relations
- 6. Conclusions
- References and suggestions for further reading.
