Format:
1 online resource (379 pages)
Edition:
1st ed.
ISBN:
9780415526494
,
9781136258671
Series Statement:
Collected Works of James Meade Series
Content:
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
Note:
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 24 -- NOTE 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 Multipliers -- XIII 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 Control -- NOTE 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
Additional Edition:
Print version Meade, James E. The Controlled Economy (Routledge Revivals) Oxford : Taylor & Francis Group,c2012 ISBN 9780415526494
Language:
English
Keywords:
Electronic books
URL:
FULL
((OIS Credentials Required))
Bookmarklink
