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Principles of political economy vol 3 The controlled economy.

First published in 1971 this volume applies the tools of static and of dynamic analysis (outlined in The Stationary Economy and The Growing Economy) to the control of a dynamic economy. This involves a discussion of subjects such as the theory of indicative planning, and the planning by the governme...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Meade, James E.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Hoboken : Taylor and Francis, 2012.
Colección:Collected Works of James Meade.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover; The Controlled Economy; Title Page; Copyright Page; Table of Contents; PREFACE; Part 1. Some Basic Concepts; I Uncertainty, Friction and Disequilibrium Growth; II Environment, Expectations, Decisions, Controls and the State of the Economy; III Identity, Technological and Behavioural Relations; IV Forms of Response and Time-Lag; V Positive and Negative Feedback; NOTE TO CHAPTER V. A Mathematical Treatment of the Models; Part 2. A Dynamic Model of the Economy; VI The Inadequacy of the Multiplier-Accelerator Model; VII A Seven-Sector Model
  • NOTE A TO CHAPTER VII. The Expression of the Investment Accelerator in Figures 23 and 24NOTE B TO CHAPTER VII. The Equality between Savings and Investment; VIII A Simplified One-Product Model; Part 3. The Theory of Indicative Forecasting; IX Forecasting in the Absence of Environmental Uncertainties; X Forecasting in Conditions of Environmental Uncertainty; NOTE TO CHAPTER X. Different Forms of Forward Contract; XI Economic Efficiency in Conditions of Environmental Uncertainty; XII The Planning of Future Action
  • NOTE TO CHAPTER XII. The Solution of the Planning Problem by Lagrangian MultipliersXIII Some Problems in Indicative Planning; Part 4. Governmental Control Planning; XIV The Nature of a Governmental Control Plan; XV The Basic Components of a Governmental Control Plan; XVI The Application of the Principles of Control to a Particular Social Welfare Function: An Illustrative Case; XVII The Decentralization of Governmental Control Planning; XVIII An Indicative Control Plan; Part 5. Residual Uncertainty and Economic Stabilization
  • XIX Residual Uncertainty and Public Policy: Proportional, Integral and Derivative ControlNOTE TO CHAPTER XIX. A Mathematical Note on the Illustrative Model used in Chapter XIX; XX Money and Other Assets as a Safeguard against Residual Uncertainty; NOTE TO CHAPTER XX. Safety and Yield in the Choice of Assets; XXI Financial Intermediaries and the Qualities of Assets; XXII Monetary Policy; XXIII Fiscal Policy; XXIV Price Stability versus Full Employment Conclusion; NOTE TO CHAPTER XXIV. The Generation of Explosive Inflations and Deflations; INDEX