Inflation, Open Economies and Resources

The Collected Writings of Paul Davidson, Volume 2

Häftad, Engelska, 1991

739 kr

Beställningsvara. Skickas inom 10-15 vardagar

Fri frakt för medlemmar vid köp för minst 249 kr.

This collection of writings covers such subjects as income distribution, inflation, macroeconomics, expectations, open economies, national and natural resources. Davidson's writings are also available as a two-volume set.

Produktinformation

Utgivningsdatum1991-01-01
Mått155 x 235 x 33 mm
Vikt875 g
FormatHäftad
SpråkEngelska
Antal sidor618
Upplaga1991
FörlagPalgrave Macmillan
ISBN9781349115181

Tillhör följande kategorier

Makroekonomi inom Ekonomi och ledarskap

Part 1 Income distribution and inflation: a clarification of the Ricardian rent share; increasing employment, diminishing returns, relative shares and Ricardo; inequality, and the double bluff; a discussion of Leijonhufvud's social consequences of inflation; is there a shortage of savings in the United States?; the role of financial institutions; monetary and fiscal policy in capital accumulation during periods of stagflation; incomes policy as a social institution; policies for prices and incomes; can effective demand and the movement towards income equality be maintained in the face of robotics?; only in America - neither the homeless nor the yachtless are economic problems; markets and governments - the comparison of means and objectives under different economic systems. Part 2 Macroeconomics and expectations: causality in economics - a review; rational expectations - a fallacious foundation for studying crucial decision-making processes; user cost; Shackle and Keynes vs rational expectations therory on the role of time, liquidity, and financial markets; a technical definition of uncertainty and the long run non-neutrality of money; is probablity theory relevant for uncertainty - a different perspective. Part 3 Open economies: monetary policy, regulation & international adjustments; international money and internatiional economic relations; liquidity proposals for a new Bretton Woods plan; is free trade always the right policy? - monetary theory and policy in a global context with a large international debt. Part 4 National resources - energy: public policy problems of the domestic crude oil industry; public policy problems of the domestic crude oil industry - rejoinder; the depletion alowance revisited; oil - its time allocation and project independence; testimony before the US Senate subcommittee on antiturst and monopoly; the relations of economic rent and price incentives to oil and gas supplies; the price system, conglomerate energy companies and OPEC; divestiture and the economics of energy supplies; the economics of natural resources; the Carter energy proposal; the United States internal revenue service - the fourteenth member of OPEC?; oil conservation - theory vs policy. Part 5 Natural resources - water and recreation: the social value of water recreational facilities resulting from an improvement in water quality in an estuary; an exploratory study to identify and measure the benefits derived from the scenic enhancement of federal-aid highways; the valuation of public goods; an analysis of recreation use of TVA lakes; the economic benefits accruing from the scenic enhancement of highways. Part 6 Other testimonies: testimony before the house of representatives committee on ways and means, March 6, 1975; federal communications commission - US government; the future of the three R'S - regulations, reserves and Reagonomics.