Full Employment Without Inflation: Manifesto for a Governed EconomyPlea for increased state intervention in the economic system to achieve full employment without inflation in developed countries - examines partial failure of Keynesian approach and the "laissez faire" economic theory of capitalism; suggests new incomes policy, price stabilization, satisfactory balance of trade, low unemployment rates, system of retail-level commodity price controls, consumer price index, etc. References. |
Contents
PART II | 6 |
GETTING THE BIG NUMBERS TO ADD | 14 |
Price Controls and Inflation | 105 |
Copyright | |
12 other sections not shown
Other editions - View all
Full Employment without Inflation: Manifesto for a Governed Economy Tim Hazledine Limited preview - 1984 |
Common terms and phrases
achieve adjustments aggregate demand average behaviour policies big numbers British British Leyland bureaucratic Canada capital cent chapter co-operatives consumer consumer price index costs deal differences earn economic performance economists effect efficiency employees example exchange rate exports firms full employment goals governed economy approach hierarchy high-level higher important incentive incomes policies industrial policy inflation and unemployment inflationary investment J. K. Galbraith James Tobin Keynes Keynesian labour force labour market laws less low elasticities lumpy economy macroeconomic managed economy market forces means ment micro micro-meddling monetarism monetarist monopoly neoclassical organisations output perfect competition performance policies Phillips curve policy instruments policy-makers post-war poverty price controls private sector problem productivity growth profit margin recession reduce regulation relatively result sellers side-effects social spending stabilisation policy structure supply and demand theory tion trade-off unemployed unemployment unemployment rates United varitime women workers