Essays in Economics - Vol. 3: Theory and Policy (Papers of James Tobin/Tobin, James, Vol 3)

4 avg rating
( 1 ratings by Goodreads )
 
9780262200424: Essays in Economics - Vol. 3: Theory and Policy (Papers of James Tobin/Tobin, James, Vol 3)

James Tobin - the 1981 Nobel laureate in economics - is one of the principal figures among contemporary American economists. This new collection of his professional papers contains his most recent work, written mainly since 1974.

In a period marked by revisionism in economic theory and retrenchment in the public goals of economic policy, Tobin remains committed to the standard he has upheld throughout his professional life. He is an "eclectic Keynesian" in theory whose socioeconomic concern is to reduce poverty, inequality, and discrimination through the maintenance of full employment and economic growth and through such policies as the negative income tax and other income transfers.

Part I, Monetary Theory and Policy, includes Tobin's most recent writings on monetary theory and its application to the stagflation economy of the 1970s. Several of these challenge the more extreme theoretical and empirical claims of Milton Friedman's brand of monetarism.

Part II, Macroeconomic Fiscal Policies and Economic Growth, takes up the short and long-run effects of alternative polices on output, interest rates, capital formation, and prices. It also examines the impact of technological development on employment, the macroeconomic effects of selective public employment and wage subsidy, the case against constitutional restrictions on fiscal policy, and other issues.

Part III, International Monetary Economics, deals with balance of payments adjustments, floating exchange rates, and a proposal for international monetary reform.

Part IV, Welfare and Inequality, reaffirms the author's stand on income redistribution and negative income tax in support of humanitarian goals.

A final part, Economists, offers portraits and sketches of other economists Tobin has known - Alvin Hansen, Kermit Gordon, Paul Douglas, Harry Gordon Johnson, Milton Friedman, and John Kenneth Galbraith.

James Tobin is Sterling Professor of Economics at Yale.

"synopsis" may belong to another edition of this title.

About the Author:

James Tobin, who received the Nobel prize in economics in 1981, is Sterling Professor of Economics at Yale.

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

Tobin, James
Published by The MIT Press (1982)
ISBN 10: 0262200422 ISBN 13: 9780262200424
New Hardcover Quantity Available: 2
Seller:
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description The MIT Press, 1982. Hardcover. Book Condition: New. Never used!. Bookseller Inventory # P110262200422

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 81.43
Convert Currency

Add to Basket

Shipping: US$ 1.99
Within U.S.A.
Destination, Rates & Speeds

2.

James Tobin
Published by The MIT Press (1982)
ISBN 10: 0262200422 ISBN 13: 9780262200424
New Hardcover Quantity Available: 1
Seller:
Irish Booksellers
(Rumford, ME, U.S.A.)
Rating
[?]

Book Description The MIT Press, 1982. Hardcover. Book Condition: New. book. Bookseller Inventory # M0262200422

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 171.88
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds