Economic Breakdown & Recovery: Theory and Policy

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M.E. Sharpe, 1994 - Business & Economics - 287 pages
This is a thoroughly revised and expanded version of an earlier edition. Cornwall builds an economic theory and makes policy recommendations on the central issues of economic growth, full employment, stagnation, inflation, and unemployment all developed within a Post Keynesian framework. The revision carries the analysis through to the present day with the core theme being the challenge of high unemployment as the cost for conventional anti-inflationary policy.

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About the author (1994)

JOHN CORNWALL is McCulloch Emeritus Professor in the Economics Department of Dalhousie University.

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