The Goals of Macroeconomic Policy by Prachowny, Martin

The Goals of Macroeconomic Policy (Hardcover) (ISBN-13: 9780415107631)

Vendor: Martin Prachowny
Product type: Books
Format: Hardcover
$240.00
$240.00
$240.00
Subtotal: $240.00
The Goals of Macroeconomic Policy by Prachowny, Martin

The Goals of Macroeconomic Policy

$240.00
The Goals of Macroeconomic Policy by Prachowny, Martin

The Goals of Macroeconomic Policy

$240.00
Format: Hardcover
Description
Description
x

Politicians win elections by promising 'Jobs! Jobs! Jobs!' but in practice these promises quickly fall by the wayside. The Goals of Macroeconomic Policy asks why. It begins with the observation that there is no convincing economic argument that full employment should be the primary objective of economic policy in all circumstances. In the light of this it examines whcy policy has failed so consistantly. It explains this by a theory of the labour market which shows why most workers are happy to operate in a way which militates against full employment. It then proceeds to analyse the rather dire consequences of this for the budget deficit.



Author: Martin Prachowny
ISBN-10: 0415107636
ISBN-13: 9780415107631
Publisher: Routledge
Language: English
Published: 06/16/1994
Pages: 228
Format: Hardcover
Weight: 0.92lbs
Size: 8.72h x 5.90w x 0.77d
By Martin Prachowny
By Martin Prachowny
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Martin Prachowny is Professor of Economics at Queen's University, where he has taught since 1967, while holding visiting positions at MIT and LSE. He is the author of five previous books, the most recent of which is Money in the Macroeconomy (CUP, 1985), and many journal articles in the area of macroeconomic policy.

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