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Full employment and growth : further Keynesian essays on policy

Author: James Tobin
Publisher: Cheltenham : E. Elgar, ©1996.
Edition/Format:   Print book : EnglishView all editions and formats

Puts forward Tobin's individual and modern slant on the major monetary, fiscal and international policy issues of the 1990s. The 27 essays in the book address issues in macroeconomic policy,  Read more...


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Genre/Form: [études diverses]
Document Type: Book
All Authors / Contributors: James Tobin
ISBN: 185898372X 9781858983721
OCLC Number: 300165001
Description: xi, 312 p.
Contents: Part one Macroeconomic policy: the invisible hand in macroeconomics; an old Keynesian counterattacks; current controversy in macroeconomics - the four schools; introduction to "Two Revolutions in Economic Policy: The First Economic Reports of Presidents Kennedy and Reagan"; Okun's Law - how policy and research helped each other; on Crotty's critique of q-theory; review of "Stabilizing an Unstable Economy", Hyman P. Minsky. Part two Monetary policy: monetary policy; the case for preserving regulatory distinctions; monetary policy in the 1980s; monetary policies in the 1980s and beyond; statement on monetary policy; remarks on international considerations for US monetary policy in the near term; statement on Federal Reserve Reform Act of 1989; statement on Monetary Policy Reform Act of 1991. Part three Fiscal policy: voodoo curse - exorcising the legacy of Reaganomics; statement on the Federal Budget Deficit; policy for recovery and growth; thinking straight about fiscal stimulus and deficit reduction. Part four International economic relations: one or two cheers for the invisible hand; nation states and the wealth of nations - challenges and opportunities in an ever-more interdependent world; prospects for prosperity and growth in democratic capitalist economies; the Adam Smith address - on living and trading with Japan - United States commercial and macroeconomic policies; the international monetary system - pluralism and interdependence. Part five Social policy: poverty in relation to macroeconomic trends, cycles and policies; social security, public debt and economic growth; health care reform as seen by a general economist.
Responsibility: James Tobin.
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