Overview

"""Full employment and growth"" presents James Tobin's unique modern Keynesian slant on the major monetary, fiscal, and international policy issues of the 1990s. More than twenty recent essays collected together in this volume address the major contemporary issues of macroeconomic policy, especially in America. Usually dissenting from the orthodoxies of the day, both liberal and conservative, Professor Tobin offers a common sense, unhysterical view of public deficits and debt, speaks for pragmatic monetary policies, argues against protectionism and favours slowing down the speculative movement of funds between currencies. He also presents his own suggestions for reform of social security and health care."

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9781858987743

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Reviews

'The essays are permeated with that upsurge of optimism and spirit. Long may Jim Tobin continue to instruct and inspire us.' -- G.C. Harcourt, The Manchester School 'The style is lucid and very readable and all mathematical formalization is left out. An impressive and important book, it is highly recommended to all.' -- Tareen Hussain, The Economic Journal

Author Information

The late James Tobin, formerly Sterling Professor Emeritus of Economics, Yale University, US and Nobel Laureate in Economics 1981

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