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Commitment to Full Employment The Economics and Social Policy of William S. Vickrey Book

Commitment to Full Employment The Economics and Social Policy of William S. Vickrey
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Commitment to Full Employment The Economics and Social Policy of William S. Vickrey, , Commitment to Full Employment The Economics and Social Policy of William S. Vickrey
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  • Commitment to Full Employment The Economics and Social Policy of William S. Vickrey
  • Written by author Aaron W. Warner
  • Published by M.E. Sharpe, 2000/05/31
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Selected Tables, Figures, and Charts vii
Foreword: The Trouble with Capitalism ix
Acknowledgments xiii
Introduction: Commitment to Full Employment: Macroeconomics and Social Policy in Memory of William S. Vickrey xv
William S. Vickrey xxix
Chapter 1 Savings-Recycling Public Employment: Vickrey's Assets-Based Approach to Full Employment and Price Stability 3
Chapter 2 (Full) Employment Policy: Theory and Practice 17
Chapter 3 Direct Job Creation 35
Chapter 4 Vickrey, Macro Policy, and Chock-Full Employment 55
Chapter 5 The Simple Theory of Unemployment 69
Chapter 6 Fuller Employment: William Vickrey's Challenge to Economists 89
Chapter 7 Full Employment and the Future of the Welfare State 99
Chapter 8 A Humanistic Concept of Full Employment Transcends the Welfare State 118
Chapter 9 Economics and the Welfare State 125
Chapter 10 Rethinking Full Employment: Unemployment, Wages, and Race 129
Chapter 11 Commitment to Full Employment in a Global Economy 156
Chapter 12 Why a Global Clearing Union Based on Fixed Exchange Rates Won't Work: A Response to Paul Davidson 174
Chapter 13 Employment and International Financial Markets 179
Chapter 14 The Keynesian Economics of Unemployment and Inequality 182
Chapter 15 We Need a Bigger "Deficit" 189
Chapter 16 Fifteen Fatal Fallacies of Financial Fundamentalism: A Disquisition on Demand Side Economics 193
About the Contributors 219
Index 223


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