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This manifesto challenges a pernicious orthodoxy that has gripped Europe's policy makers. It is that demand- and supply-side policies must have different aims, that a limited number of supply-side policies are to be devoted to fighting unemployment, and that demand management (and particularly...
Persistent link: https://www.econbiz.de/10008520216
For various reasons ? empirical, technical and casual ? modern (neo-classical) growth theory has centered its attention on steady-state exponential growth. When the models are intented to serve as a guide to policy, the tacit presumption is that the goal of growth policy is to increase the...
Persistent link: https://www.econbiz.de/10008478622