Policies for Prosperity: Essays in a Keynesian Mode

Predný obal
MIT Press, 1989 - 522 strán (strany)

In these timely essays, Nobel prize winning economist James Tobin shows how Keynesian economics offers corrective treatment for the economic ailments we have faced under the Ford, Carter, and Reagan administrations.Essays in the first part of the book focus on theory and policy in Keynesian economics, particularly on the modern anti-Keynesian movements of the 1970s and 1980s. Tobin's writings on the events, controversies, doctrines, and policies of the Reagan era make up the book's second section, Essays in part three continue to discuss the Reagan revolution, focusing on fiscal policies and presenting some general macroeconomic principles that can be invoked to remedy the situation; those in part four are concerned more specifically with the conduct of monetary policy. A fifth section addresses inflation stagflation, and unemployment, recommending income policies that Tobin believes must become a "permanent tool of macroeconomic policy." The book concludes with several essays on various aspects of political economy, including a timely reminder that economic policies should serve ethical values.James Tobin, who received the Nobel prize in economics in 1981, is Sterling Professor of Economics at Yale.

 

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Obsah

Keynesian Policies in Theory and Practice
4
The Future of Keynesian Economics
14
Fiscal and Monetary Policy Under The Employment Act
24
On the Theoretical Foundations of Keynesian Economics Comment on Lord Kaldors Keynesian Economics after Fifty Years
40
Patinkin on Keyness Monetary Thought
50
Fashionable Challenges to Keynesian Economics Thurows Dangerous Currents
54
Reaganomics
61
List of Figures
64
Monetary Policy in an Uncertain World
240
Financial Innovation and Deregulation in Perspective
255
An Ebbing Tide?
265
Inflation Interest Rates and Stock Values
275
On the Efficiency of the Financial System
282
Inflation
301
We Have Two
320
Inflation Control as Social Priority
340

Reaganomics in Retrospect
69
The Conservative CounterRevolution in Economic Policy
89
Recovery or Reaction?
100
The Reagan Economic PlanSupplySide Budget and Inflation
106
Yes Virginia There Are Laffer Curves
120
What Is It? Will It Work?
126
Disturbing Prospects
133
The MonetaryFiscal Mix in the United States
142
The Reagan Legacy
168
Does Fiscal Policy Matter?
175
programmes
181
Make Jobs Cut Deficits
186
Who is Crowding Out What?
215
Comment from an Academic Scribbler on Democracy
226
After Disinflation Then What?
348
Strategy for Disinflation Fellner on The State
368
The Case for Incomes Policies
375
Foreword
382
Okun on Macroeconomic Policy
415
The Political Economy of the 1960s
422
Economic Stabilization Policies in the United States
439
Does the Energy Crisis Endanger the American Life
454
Energy Strategy and Macroeconomic Policies
462
Sowell on Race and Economics
473
Considerations Regarding Taxation and Inequality
479
Running the Economy With Less Unemployment
488
Acknowledgements
495
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James Tobin, who received the Nobel prize in economics in 1981, is Sterling Professor of Economics at Yale.

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