The intellectual revolution in U.S. economic policy-making
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The intellectual revolution in U.S. economic policy-making the second Noel Buxton lecture of the University of Essex, 18 January 1966. by Tobin, James

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Published by Longmans for the University of Essex in London .
Written in English



  • United States.


  • Fiscal policy -- United States.,
  • Monetary policy -- United States.

Book details:

LC ClassificationsHJ257 .T6
The Physical Object
Pagination[4], 26 p.
Number of Pages26
ID Numbers
Open LibraryOL6018566M
LC Control Number66077527

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Open Library is an open, editable library catalog, building towards a web page for every book ever published. Author of Essays in economics, The intellectual revolution in U.S. economic policy-making, Economic events, ideas, and policies, Policies for prosperity, Essays in economics, theory and policy, Welfare programs, Full employment and. This book explores the economic analysis of intellectual property law, with a special emphasis on the Law and Economics of informational goods in light of the past decade’s technological revolution. In recent years there has been massive growth in the Law and Economics literature focusing on intel. An intellectual is a person who engages in critical thinking and reading, research, writing, and human self-reflection about society. Many everyday roles require the application of intelligence to skills that may have a psychomotor component—for example, in the fields of medicine or the arts—but these do not necessarily involve the practitioner in the "world of ideas.". The economic discourse used in legal scholarship and in policy-making encompasses several strands, each reflecting a fundamentally different approach to the economics of informational works, and each grounded in a different ideology or methodological paradigm. This book delineates the various economic approaches taken and analyzes their tenets.

The Making of Economic Policy begins by observing that most countries' trade policies are so blatantly contrary to all the prescriptions of the economist that there is no way to understand this discrepancy except by delving into the politics. The same is true for many other dimensions of economic h Dixit looks for an improved understanding of the politics of economic policy-making. Thus, the fundamental change in policy making in the s was not the Keynesian revolution but the “nominal revolution” — the abandonment of the gold standard for managed money. In fact, the intellectual basis for this revolution was Keynes’s own earlier work, in The.   Michael Hunt made a similar claim in his brilliant book Ideology and U.S. Foreign Policy. [21] He argues that the peril of revolution led the U.S. to develop a set of rules for a proper revolution: it must be a solemn affair, with minimum disorder, led by respectable citizens with moderate goals. [22]Author: H-Diplo. A notable current within classical economics was the under-consumption theory, as advanced by the Birmingham School and Malthus in the early 19 th century. The theory argued for government action to mitigate unemployment and economic downturns. It was an intellectual predecessor of what later became Keynesian economics in the ’s.

The Society for U.S. Intellectual History is a nonpartisan educational organization. The opinions expressed on the blog are strictly those of the individual writers and do not represent those of the Society or of the writers’ employers. In much of the world was still struggling to make a full recovery from the so-called Great Recession of – The collapse in September of Lehman Brothers, a giant American banking group, had sparked a chain of events that caused great turbulence in global financial markets, the governments of major countries, and many large companies. David Rubenstein The book does not provide a specific set of rules for behavior, formulations for policy, or new economic theory. Without speaking for Thaler, his book more The book does not provide a specific set of rules for behavior, formulations for policy, or new economic theory. Without speaking for Thaler, his book teaches that humans are unlikely to act consistently by making /5. Part III deals with social and economic policy making problems between and Here, Grimmer-Solem stresses the role of the Verein f?r Socialpolitik (pp. ) in the emergence of social insurance legislation (pp. ). This is one of the key parts of the entire book and .