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Uncertainty, macroeconomic stability and the welfare state

Author: Sven R Larson
Publisher: Abingdon, Oxon ; New York, NY : Routledge, 2018.
Series: Routledge revivals.
Edition/Format:   eBook : Document : EnglishView all editions and formats
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Genre/Form: Electronic books
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Sven R Larson
ISBN: 9781351754132 1351754130
OCLC Number: 1082136291
Notes: First published 2002 by Ashgate Publishing.
Description: 1 online resource.
Contents: Cover; Half Title; Dedication; Title Page; Copyright Page; Table of Contents; Preface; Introduction; The space and time of this book; A methodological note; 1 Uncertainty and Prices; 1.1 Uncertainty and uncertainty management; 1.1.1 Time and organic interdependency; 1.1.2 Mutual exclusion of theoretical foundations; 1.1.3 The paradox of Keynesian uncertainty; 1.1.4 Decision guidelines under uncertainty; 1.1.5 The probability theorem; 1.1.6 The contextual economic agent; 1.1.7 Context and normative perspectives; 1.2 Preference for sticky prices --
empirical evidence 1.2.1 Confidence and the normative value of predictability1.2.2 Producers' motives for price rigidity; 1.2.3 Positive effects of sticky prices --
examples of further evidence; 1.2.4 Consumer motives for price rigidity; 1.3 Uncertainty and its materialization; 1.3.1 Production costs and Post Keynesian pricing; 1.3.2 Uncertainty and the preference for sticky prices; 1.3.3 Confidence and time utility; 1.3.4 A confidence multiplier; 2 Demand, Supply and Stability; 2.1 Macroeconomic stability; 2.1.1 A comment on the supply side; 2.1.2 Some macroeconomic premises; 2.1.3 Tax neutrality 2.1.4 Macroeconomic instability --
the case of tax increment2.1.5 Macroeconomic instability --
the tax cut case; 2.2 Elaborations in search of stabilizing mechanisms; 2.2.1 The stock market --
a definition; 2.2.2 The stock market and macroeconomic stability; 2.2.3 Saving and macroeconomic stability; 3 Collective Stability; 3.1 Moral rights and collective intervention; 3.2 Balancing budgets or rights; 3.2.1 The right to have vs. the right not to give; 3.2.2 Purpose and ambition of collective intervention; 3.2.3 Financing collective intervention; 3.2.4 Effects of fiscal prudence 3.2.5 Charity-based welfare society3.2.6 Deficit spending, rights and state intervention; Concluding Words; Appendix; Bibliography; Index.
Series Title: Routledge revivals.
Responsibility: Sven R. Larson.

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