The battle against unemployment / Edited with an introduction by Arthur M. Okun.

By: Contributor(s): Material type: TextTextSeries: Problems of the modern economy | Problems of the Modern EconomyPublication details: New York : W. W. Norton & Company, inc., 1965.Description: xvii, 204 pages : charts ; 21 cmOther title:
  • The battle against unemployment : an introduction to a current issue of public policy
Subject(s): DDC classification:
  • 338.973
LOC classification:
  • HD 5724 .O35 1965
Online resources:
Partial contents:
Prologue -- John F. Kennedy: Mythology vs Economic knowledge
Part One: Unemployment: concepts, causes, and consequences - Senate Special Committee on unemployment Problems: The costs of unemployment -- Arthur M. Okun: The gap between actual and potential output -- Albert Rees: Dimension of the employment problem -- Charles C. Killingsworth: The bottleneck in labor skills -- Edward L. Dale, Jr.: The great unemployment fallacy -
Part Two: The balance of employment and price stability - Commission on money and credit: National economic goals -- Alvin H. Hansen: The case for high-pressure economics -- Henry C. Wallich: The case against high-pressure economics -- Arthur F. Burns: The threat of inflationary psychology -- Paul A. Smuelson and Robert M. Solow: Our menu of policy choices -- Richard Ruggles: The problems of our price indexes -- Ewan Clague: Computing the consumer price index -
Part Three: Fiscal policy: Principles and instruments - Council of economic advisers: The workings of the multiplier -- Milton Friedman: Weak lnks in the multiplier chain -- Paul A. Samuelson : Functional fiscal policy for the 1960s -- Maurice H. Stans: The need for balanced federal budgets -- Wilfred Lewis, Jr.: The limitations of public works -- Robert J. Donovan: The formation of fiscal policy: 1953-1954 -- Commission on money and credit: Toward a flexible tax policy: Automatic and discretionary stabilizers -- Arthur F. Burns: The federal tax cut and the economy -- James Tobin: The tax-cut harvest -
Part Four: Monetary policy - Board of Governors, Federal Reserve System: The influence of monetary policy on economic stability -- Harry G. Johnson: Monetary policy and economic recsearch -- Henry C. Wallich and Stephen H. Axilrod" Tje postwar record of monetary policy -- Edward S. Shaw: The case for an automatic monetary pilot -- Paul A. Smuelson: The folly of monetary rules.
Summary: "This volume opens with the late President Kennedy's eloquent warning that ideology and mythology obscure issues and his plea for an informed, dispassionate discussion of alternative routes to prosperity and high employment. While the selections in this volume reach differnet conclusions on matters of fact and value, they all follow the spirit of social scientific inquiry that Kennedy commended." -- From the Introduction
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Item type Current library Call number Status Date due Barcode
BOOKS BOOKS Niebyl-Proctor Marxist Library General Stacks HD 5724 .O35 1965 (Browse shelf(Opens below)) Not For Loan NPML20020027

Contains additional suggested readings (pages 203-204).

Prologue -- John F. Kennedy: Mythology vs Economic knowledge

Part One: Unemployment: concepts, causes, and consequences - Senate Special Committee on unemployment Problems: The costs of unemployment -- Arthur M. Okun: The gap between actual and potential output -- Albert Rees: Dimension of the employment problem -- Charles C. Killingsworth: The bottleneck in labor skills -- Edward L. Dale, Jr.: The great unemployment fallacy -

Part Two: The balance of employment and price stability - Commission on money and credit: National economic goals -- Alvin H. Hansen: The case for high-pressure economics -- Henry C. Wallich: The case against high-pressure economics -- Arthur F. Burns: The threat of inflationary psychology -- Paul A. Smuelson and Robert M. Solow: Our menu of policy choices -- Richard Ruggles: The problems of our price indexes -- Ewan Clague: Computing the consumer price index -

Part Three: Fiscal policy: Principles and instruments - Council of economic advisers: The workings of the multiplier -- Milton Friedman: Weak lnks in the multiplier chain -- Paul A. Samuelson : Functional fiscal policy for the 1960s -- Maurice H. Stans: The need for balanced federal budgets -- Wilfred Lewis, Jr.: The limitations of public works -- Robert J. Donovan: The formation of fiscal policy: 1953-1954 -- Commission on money and credit: Toward a flexible tax policy: Automatic and discretionary stabilizers -- Arthur F. Burns: The federal tax cut and the economy -- James Tobin: The tax-cut harvest -

Part Four: Monetary policy - Board of Governors, Federal Reserve System: The influence of monetary policy on economic stability -- Harry G. Johnson: Monetary policy and economic recsearch -- Henry C. Wallich and Stephen H. Axilrod" Tje postwar record of monetary policy -- Edward S. Shaw: The case for an automatic monetary pilot -- Paul A. Smuelson: The folly of monetary rules.

"This volume opens with the late President Kennedy's eloquent warning that ideology and mythology obscure issues and his plea for an informed, dispassionate discussion of alternative routes to prosperity and high employment. While the selections in this volume reach differnet conclusions on matters of fact and value, they all follow the spirit of social scientific inquiry that Kennedy commended." -- From the Introduction

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