Overview

New disorders require new polices, says economist Sidney Weintraub. In this book he draws together many of his shorter writings to deal with economic problems that have defied orthodox monetary and fiscal remedies. Weintraub has long been noted for his vigorous criticism of both monetarist and Keynesian schools of thought for their failure to cope with disorders in our economy involving unemployment and inflation. Keynes, Keynesians, and Monetarists contains the original article on TIP, written in collaboration with Henry Wallich, outlining a tax-based incomes policy to combat inflation in an era of unemployment. This essay has been the focus of extended discussion in official quarters, among economics and in the public press.

Full Product Details

Author:   Sidney Weintraub ,  Paul Davidson ,  Hamid Babibagahi ,  Henry Wallich
Publisher:   University of Pennsylvania Press
Imprint:   University of Pennsylvania Press
Edition:   2nd New edition
ISBN:  

9781512820027

ISBN 10:   1512820024
Pages:   277
Publication Date:   31 December 2015
Audience:   General/trade ,  General
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

Introduction: Perspectives on Money Wages 1. Keynes and the Monetarists 2. The Kenesian Light That Failed 3. Keynes and the Quantity Theory Elasticities 4. Keynes and the Theory of Derived Demand 5. The Full Employment Model: A Critique 6. Revision and Recantation in Hicksian Economics 7. Money Supplies and Price-Output Variation: the Friedman Puzzle 8. Money as Cause and Effect 9. A Theory of Monetary Policy Under Wage Inflation 10. The Price Level in the Open Economy 11. A Macro Theory of Pricing, Income Distribution, and Employment 12. Marginal Productivity and Macrodistribution Theory 13. Rising Demand Curves in Price Level Theory 14. Cost Inflation and the State of Economic Theory: A Comment 15. New Books on Keynes 16. A Tax-based Incomes Policy Appendix Index

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Author Information

Sidney Weintraub (1922-2014) was Professor of Economics at the University of Pennsylvania. The author of more than a dozen books and editor of two, he gained international recognition for his clear and cogent discussions of contemporary economic issues.

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