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The economic theory of fiscal policy
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ISBN: 0415489040 1317833503 1315823985 1317833511 0415313996 1306575222 9781317833505 9781315823980 9780415313995 9780415489041 9781317833512 9781317833499 131783349X Year: 2003 Publisher: London

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Abstract

The book explores whether fiscal policies can secure full employment without inflation, one of the key questions in economics after Keynes. Part 1, General Theory of Public Finance and Fiscal Policy, discusses Ends and Means in economic policy. The results of this ends-means analysis are applied to fiscal policy. Part 2, Microeconomics, deals with the impact of fiscal measures on the behaviour of the individual household, firm and other organization, concentrating on the effects on consumption and saving. Part 3, Macroeconomics, considers how the problem of keeping the price-level cons

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