464 Pages
by
Routledge
464 Pages
by
Routledge
464 Pages
by
Routledge
Also available as eBook on:
Written during the Second World War against the background of the economic and political futility of the 1930s, this book deals with the changing role of government, and particularly fiscal policy as an instrument for regulating the national income and its distribution. Arguing that the war had an economic basis - the inability of the great industrial nations to provide full employment at rising standards of real income - the book discusses how the failure to achieve a world order in the political sphere must be sought in the facts of economic frustration.
Part 1 TOWARD AN UNDERSTANDING OF THE THIRTIES; Chapter 1 THE THIRTIES VIEWED AGAINST THE BACKGROUND OF EARLIER CYCLES; Chapter 2 INVESTMENT AND CONSUMPTION, 1920–1939; Chapter 3 MONETARY POLICY IN THE DEPRESSION; Chapter 4 FISCAL POLICY IN THE RECOVERY; Chapter 5 RECOVERY IN GREAT BRITAIN; Part 2 THE CHANGING ROLE OF FISCAL POLICY; Chapter 6 FISCAL POLICY, NEW AND OLD; Chapter 7 THE CHANGING CHARACTER OF GOVERNMENTAL EXPENDITURES; Chapter 8 THE TAX STRUCTURE; Chapter 9 THE GROWTH AND ROLE OF PUBLIC DEBT; Chapter 10 BUDGETARY THEORY AND PRACTICE; Part 3 FISCAL POLICY AND FULL USE OF RESOURCES; Chapter 11 THE CYCLICAL CONSUMPTION-INCOME PATTERN; Chapter 12 PUMP-PRIMING AND COMPENSATORY FISCAL POLICY; Chapter 13 COMPENSATORY TAX POLICY; Chapter 14 THE DYNAMIC VERSUS THE CIRCULAR FLOW ECONOMY; Chapter 15 PRICE FLEXIBILITY AND FULL EMPLOYMENT OF RESOURCES; Part 4 INVESTMENT INCENTIVES PAST AND PRESENT; Chapter 16 THE ROLE OF INVESTMENT IN THE MODERN ECONOMY; Chapter 17 EXTENSIVE AND INTENSIVE EXPANSION; Chapter 18 EARLY FINANCING METHODS; Chapter 19 THE EFFECT OF THE TAX STRUCTURE ON INVESTMENT; Chapter 20 THE DUAL ECONOMY; Part 5 DEFENSE AND ITS AFTERMATH; Chapter 21 MONETARY AND FISCAL CONTROLS IN WARTIME; Chapter 22 DEFENSE FINANCING; Chapter 23 THE POSTDEFENSE SLUMP; Chapter 24 FISCAL POLICY AND INTERNATIONAL STABILITY;
Biography
Alvin H Hansen
