Examining the relationship between employment and rates of pay, this text discusses how the choice between different forms of business organization may affect this relationship. For the purposes of the discussion a simple model of an imperfectly competitive economy is constructed and then examined in operation with different organizational forms for the competing firms. Chapters cover: the capitalist wage economy; the non-discriminating labour co-operative; the capitalist sharing economy; and discriminating labour-capital partnerships.
Examining the relationship between employment and rates of pay, this text discusses how the choice between different forms of business organization ma...
This book condemns neglect of macroeconomic analysis in designing Full-Employment policies. The money value of total domestic production rather than the price level should be the objective of a combined fiscal-monetary policy emphasizing low interest rates rather than low tax rates. Full Employment without unacceptable inflation or poverty needs radical reforms, such as labor-capital partnerships, low real wage rates offset by a universal tax-free social benefit, abolition of national insurance contributions, and highly progressive taxation of income and wealth for budget surpluses to redeem...
This book condemns neglect of macroeconomic analysis in designing Full-Employment policies. The money value of total domestic production rather than t...
This book discusses a set of radical changes in economic institutions and policies designed to show an efficient but socially acceptable third way between Keynesian inflation and monetarist unemployment, and between the inefficiencies of socialist centralisation and the ravages of unrestrained capitalist competition. It consists of a reprint of Efficiency, Equality and the Ownership of Property together with four recent papers including a highly revised version of the well-known tract Agathotopia: The Economics of Partnership.
This book discusses a set of radical changes in economic institutions and policies designed to show an efficient but socially acceptable third way bet...
This reissue, first published in 1982, is the first of two volumes on the causes and cure of Stagflation - the two-headed monster that combines mass unemployment with rapid inflation, which affected contemporary economies across the industrially developped world in the 1970s.
Professor Meade outlines the nature of the problem, contrasting the Great Slump of the 1930s with the Great Stagflation of the 1970s and comparing the Orthodox Keynesian and Monetarist approaches with the New Keynesian strategy. Various proposals for the reform of wage-fixing institutions are discussed,...
This reissue, first published in 1982, is the first of two volumes on the causes and cure of Stagflation - the two-headed monster that combines mas...
First published in 1983, this is the second of two volumes on the causes and cure of stagflation - that combination of mass unemployment and rapid inflation that is currently afflicting the mixed economies of the industrially developed world.
First published in 1983, this is the second of two volumes on the causes and cure of stagflation - that combination of mass unemployment and rapid inf...
In this volume, Nobel Laureate James Meade discusses a set of radical changes in economic institutions and policies designed to show an efficient, socially acceptable third alternative between Keynesian inflation and monetarist unemployment, and between the inefficiencies of socialist centralism and the ravages of unrestrained capitalist competition. According to Meade, these changes should aim at allowing freedom of individual choice (liberty), producing a high standard of living (efficiency) and avoiding excessive divergences between riches and poverty (equality). But there are...
In this volume, Nobel Laureate James Meade discusses a set of radical changes in economic institutions and policies designed to show an efficient, ...
