The New Economics One Decade Older PDF

by James Tobin

Part of the Eliot Janeway Lectures on Historical Economics series

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Challenging such established ideas as the inevitability of the business cycle and the taboo on deficit spending, the group of economists associated with the Kennedy Council of Economic Advisers attempted in the 1960s to convert their theories into government policy. The successes, failures, elations. and frustrations of what came to be called the New Economics is the subject of James Tobin's fascinating account, based on the Janeway Lectures given at Princeton in 1972. In making his assessment of the New Economics, Professor Tobin draws on his close involvement in policymaking during the Kennedy years.

Originally published in 1974.

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Format:PDF
Pages:116 pages
Publisher:Princeton University Press
Publication Date:08/03/2015
Category:
- Development economics
ISBN:9781400871476

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