This book condemns neglect of macroeconomic analysis in designing Full-Employment policies. The money value of total domestic production rather than the price level should be the objective of a combined fiscal-monetary policy emphasizing low interest rates rather than low tax rates. Full Employment without unacceptable inflation or poverty needs radical reforms, such as labor-capital partnerships, low real wage rates offset by a universal tax-free social benefit, abolition of national insurance contributions, and highly progressive taxation of income and wealth for budget surpluses to redeem national debt. Free international movements of capital funds impede independent national reforms.
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Book Description
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Book Description
This book condemns neglect of macroeconomic analysis in designing Full-Employment policies. It argues that the money value of total domestic production, rather than the price level, should be the objective of a combined fiscal-monetary policy emphasizing low interest rates, rather than low tax rates.
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First Sentence:
In the years immediately after the Second World War the great aim of economic thought and policy was to achieve and maintain a state of Full Employment. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
withdrawal surcharge, obnoxious activities, explosive inflation, excessive inflation, share certificates, unemployment percentage, money expenditures Key Phrases - Capitalized Phrases (CAPs): (learn more)
Unadjusted Income, Central Bank, Labour Share Certificates, National Asset Commission, European Union, Capital Share Certificates, Discriminating Labour-Capital Partnerships New!
Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
In the years immediately after the Second World War the great aim of economic thought and policy was to achieve and maintain a state of Full Employment. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
withdrawal surcharge, obnoxious activities, explosive inflation, excessive inflation, share certificates, unemployment percentage, money expenditures Key Phrases - Capitalized Phrases (CAPs): (learn more)
Unadjusted Income, Central Bank, Labour Share Certificates, National Asset Commission, European Union, Capital Share Certificates, Discriminating Labour-Capital Partnerships New!
Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 3
books:
11
books
cite this book:
See all 11 books citing this book
- The Stock Market (Department of Applied Economics Occasional Papers) by Cliff Pratten in Front Matter
- The Competitiveness of Small Firms (Department of Applied Economics Occasional Papers) by Clifford Frederick Pratten in Front Matter
- Industrial Restructuring and Trade Reorientation in Eastern Europe (Department of Applied Economics Occasional Papers) by Michael A. Landesmann in Front Matter
- Ending Poverty: A Basic Income for All Canadians by Francois Blais in Back Matter (1), Back Matter (2), and Back Matter (3)
- Informal Employment in Advanced Economies: Implications for Work and Welfare by Colin C. Williams in Back Matter
- Systems of Production: Markets, Organisations and Performance (Routledge Studies in Contemporary Political Economy) by Brendan Burchell on page 235
- Future Electricity Technologies and Systems (Department of Applied Economics Occasional Papers) by Tooraj Jamasb in Front Matter
- The Internet Revolution: A Global Perspective (Department of Applied Economics Occasional Papers) by Emanuele Giovannetti in Front Matter
See all 11 books citing this book
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