Full employment and price stability : the macroeconomic vision of William S. Vickrey

the late William S. Vickrey (formerly the McVickar Professor of Political Economy, Columbia University, US and Nobel Laureate in Economics 1996); edited by Mathew Forstater (Associate Professor of Economics and Director, Center for Full Employment and Price Stability, University of Missouri, Kansas City, US) and Pavlina R. Tcherneva (Bard College, US)

Collecting Nobel Laureate William S. Vickrey's articles on macroeconomic theory and policy written towards the end of his career, this volume demonstrates his enduring commitment to full employment and price stability, and his rejection of conventional macroeconomic theorizing. William Vickrey never lost hope that sensible macroeconomic policy could be understood and implemented, a faith inspired by his humanistic vision of a better world for all and his belief that common sense would ultimately prevail. Advocating sensible economic policies, this collection will offer much of value to heterodox and orthodox economists, graduate economics students and also policymakers

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Year of publication:	2004
Authors:	Vickrey, William Spencer
Other Persons:	Forstater, Mathew (ed.) ; Tcherneva, Pavlina R. (ed.)
Institutions:	Edward Elgar Publishing (publisher)
Publisher:	Cheltenham, UK : Edward Elgar Publishing
Subject:	Vollbeschäftigung \| Full employment \| Preisstabilität \| Price stability \| Makroökonomik \| Macroeconomics \| Makroökonomie

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Extent:	1 Online-Ressource (xxx, 141 pages)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Bibliografie ; Aufsatzsammlung
Language:	English
Notes:	Collection of previously published articles Includes bibliographical references and index Contents: Preface by David Colander -- Introduction -- 1. Budget-smudget: Why balance what, how and when? -- 2. The need for a direct anti-inflation program -- 3. Design of a market anti-inflation program -- 4. Meaningfully defining deficits and debt -- 5. Chock-full employment without increased inflation: A proposal for marketable markup warrants -- 6. An updated agenda for progressive taxation -- 7. Today's task for economists -- 8. My innovative failures in economics -- 9. The other side of the coin -- 10. Necessary and optimum government debt -- 11. Why not chock-full employment? -- 12. A trans-Keynesian manifesto -- 13. Fifteen fatal fallacies of financial fundamentalism: A disquisition on demand side economics -- 14. We need a bigger 'deficit' -- epilogue by James K. Galbraith -- Index.
ISBN:	978-1-0353-0498-1 ; 978-1-84376-409-0
Other identifiers:	10.4337/9781035304981 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014474145