State and Local Finance in the National Economy

Front Cover
W.W. Norton, Incorporated, 1944 - Business & Economics - 310 pages

From inside the book

 

Contents

WARTIME AND POSTWAR PROBLEMS
3
MEANS OF STRENGTHENING THE FISCAL
70
RESOURCE DEVELOPMENT URBAN REDEVELOPMENT AND FISCAL
98
Copyright

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State and Local Finance in the National Economy
Alvin Harvey Hansen,Harvey S. Perloff
Snippet view - 1944

Common terms and phrases

76th Congress achieved adequate administration agencies amount areas average basis benefits billion blighted bonds borrowing budget Business Cycles business taxes capita income capital outlays Census cent cities consumption consumption taxes costs countercyclical depression depression periods distribution districts economic effect facilities federal aid federal government finance fiscal policy full employment funds gift taxes governmental units Gross National Product important improvement income payments income tax income-tax increase individual industrial interest intergovernmental involved land limited loans localities master plan ment metropolitan minimum municipal national income payroll taxes penditures period population postwar private investment problems progressive tax projects property tax public debt public expenditures public-health relief reserves rural sales taxes slum Social Security Board Source stability standards Table tax base tax collections tax rates tax structure taxation tion units of government urban redevelopment Washington welfare workers

About the author (1944)

Alvin Hansen is best remembered as the American economist who brought the Keynesian revolution to America. Born in a small rural community in South Dakota, he received his early education in a one-room schoolhouse, then studied at Yankton College and the University of Wisconsin. After teaching at Brown University, he went on to the University of Minnesota and then to Harvard University. In 1927 Hansen published his classic Business-Cycle Theory, a comprehensive survey of business cycle theories and theorists. The waste and despair of the Great Depression affected him greatly, and he became an ardent supporter of Keynesian economics. His Full Recovery or Stagnation? (1938) analyzed the Great Depression, especially the premature termination of the recovery in 1937. Other publications, including Fiscal Policy and Business Cycles (1941) and Business Cycles and National Income (1951), argued the Keynesian proposition that unemployment was caused by a failure of private investment. Hansen's popular Guide to Keynes (1953), with its paragraph-by-paragraph dissection of the General Theory, was often assigned to graduate students to be read along with the classic text. Hansen served as a consultant to, and shaped the form of, the current Social Security system. He was also instrumental in the formulation of the Full Employment Act of 1946 and the creation of the President's Council of Economic Advisers. He was elected president of the American Economic Association in 1967 and taught as a visiting professor at universities around the world after he retired from Harvard University. When he received the prestigious Walker Medal on his eightieth birthday, James Tobin observed that, for Alvin Hansen, "economics was a science for the service of mankind."

Bibliographic information

TitleState and Local Finance in the National Economy
A wartime book
Books that live for our times
AuthorsAlvin Harvey Hansen, Harvey S. Perloff
PublisherW.W. Norton, Incorporated, 1944
Original fromUniversity of Minnesota
DigitizedOct 8, 2009
ISBN0598979999, 9780598979995
Length310 pages
Subjects › 

Business & Economics / Public Finance
  
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