First published in 1965, this is a reissue of the first volume in Professor Meade’s highly influential Principles of Political Economy, which aimed to provide an overview of economic analysis in light of contemporary developments in the subject. This volume is based on models of economic systems in which conditions are such as to make possible a state of perfect competition, in which there are no capital goods, in which consumers’ tastes, technical knowledge, and the size and composition of the goods are static.
First published in 1968, this is the second part of Professor Meade’s Principles of Political Economy, which presents a systematic treatment of the whole field of economic analysis in the form of a series of simplified models which are specifically designed to show the interconnections between the various specialist fields of economic theory. In this volume, Professor Meade is concerned with the theory of economic growth and the rates at which various economic quantities are growing. In order to do this, he introduces capital goods into the system and allows for growth through capital accumulation, population expansion and technical progress. His analysis is divided into two models: a one product model and a many-product model.
First published in 1965, this is a reissue of the first volume in Professor Meade’s highly influential Principles of Political Economy, which aimed to provide an overview of economic analysis in light of contemporary developments in the subject. This volume is based on models of economic systems in which conditions are such as to make possible a state of perfect competition, in which there are no capital goods, in which consumers’ tastes, technical knowledge, and the size and composition of the goods are static.
First published in 1952, this work is a systematic exposition of Professor Meade's geometric method, bringing together into a single coherent account the modern geometrical analysis of the theory of international trade. The work makes a number of original contributions, notably in the geometrical treatment of domestic production, of the balance of payments, and of import and export duties.
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 government of its monetary, fiscal, and incomes policies for the purposes of the short-run stabilization of the economy and of ensuring the best long-run use of the community’s resources. Special emphasis is laid on the planning of such policies in conditions in which many future events remain inevitably uncertain. This book considers these issues in relation to a competitive, free-enterprise economy; and little or no reference is made to problems of monopoly or of distinctions between social and private costs and benefits, due to indivisibilities and externalities in economic life.
Comprising Wage-Fixing (first published 1982), and Demand Management (first published 1983) this two volume reissued set is a vital and stimulating analysis of the causes and consequences of stagflation – a paralysing combination of mass unemployment and rapid inflation which affected a variety of economies across the developed world in the 1970s and early 1980s. Wage-Fixing, written by James Meade, deals primarily with the needed reform of wage-fixing institutions, contrasting the Great Depression of the 1930s with the Great Stagflation of the 1970s. Meanwhile Demand Management is devoted to the design of fiscal, monetary and foreign exchange-rate policies for the control of the money demand for the products of labour. This volume deals with the theory of demand management, feedback control and the creation of a dynamic model of the UK economy. Written in clear and accessible language, this reissue will appeal to the general reader as well as students of economics and professional economists. It should be required reading for all those who wish to learn the lessons of the Great Stagflation of the 1970s to avoid a repetition in the current economic climate.
First published in 1979, this fourth part of Principles of Political Economy applies the tools of economic analysis to the distribution of income and property. Professor Meade considers the problems of making interpersonal comparisons of welfare and of distinguishing between the efficiency and distributional aspects of changes in social welfare. He analyses the possible criteria for redistribution as between rich and poor members of the same generation, as between present and future generations, and – in the context of demographic policies – as between the born and the unborn. Special attention is given to the social factors (such as assortative mating, differential fertility, and laws and customs relating to the inheritance of property) in explaining the persistence of economic inequalities, and to the various forms of economic policy which may be devised for the reduction of such inequalities. An extensive mathematical model of the dynamics of social welfare in a second-best economy is appended.
First published in 1964, this is a study of the extreme inequalities in the ownership of property, in economies across the globe. Professor Meade examines in depth the economic, demographic and social factors which lead to such inequalities. He considers a wide range of remedial policies – educational development, reformed death duties and capital taxes, demographic policies, trade union action, the socialization of property, the development of a property-owning democracy, the expansion of the welfare state. The argument is expressed in precise analytical terms, but the main exposition is free of mathematics and technical jargon and is designed for the interested layman as well as the economist.
First published in 1961, this reissue examines the contemporary economic problems of Mauritius alongside those social problems which have a bearing on economic development. As a small and isolated economy, marked by a very rapid rate of contemporary population growth, by an extreme concentration on a single product, and by a great diversity of racial, religious and linguistic groups within the population, Mauritius is a representative microcosm of the economic problems of a large part of the developing world. The book considers the impact of a lower birth rate, emigration and economic development upon the economy of Mauritius, examining in detail the labour market, the prospects for agricultural and industrial development, the financial system and the education system.
Discussing the main problems in the formation of an Economic Union, this book analyses the extent to which national governments would have to give up their freedom of action in domestic monetary, budgetary, fiscal and economic policies if they were to form an effective economic union. The issues of commercial policy, financial and exchange-rate policies, of migration and investment and of the finance of a common defence budget are all covered.
This analysis of macroeconomic policy, originally published in 1989, argues that key government objectives, such as reduced inflation, decreased unemployment and an adequate level of national saving can be achieved only by employing both monetary and fiscal policies, in conjunction with supply-side policies expressly designed to improve the workings of the labour market. Part 1 is a comparative analysis showing the effects of monetary and fiscal policy on the economy. Real-wage rigidity in the labour market is shown to have important consequences for the working of both types of policy, because it conditions the economy’s response to tax changes. Part 2 presents an econometric model which combines consistent stock-flow accounts with a full range of expectational effects. Part 3 presents an innovative technique for solving rational expectations models with the need for arbitary terminal conditions.
First published in 1960, this seminal work illuminates the interrelations of the various approaches to the theory of economic growth. Professor Meade seeks to understand the factors which determine the speed of economic growth and outlines the ways in which classical economic analysis may be developed for application to the problem of economic growth.
This title was first published in 2001. Spanning a quarter of a century, this collection makes conveniently accessible 14 of Yunker’s thorough and highly illuminating contributions to the literature on market socialism.
This will help us customize your experience to showcase the most relevant content to your age group
Please select from below
Login
Not registered?
Sign up
Already registered?
Success – Your message will goes here
We'd love to hear from you!
Thank you for visiting our website. Would you like to provide feedback on how we could improve your experience?
This site does not use any third party cookies with one exception — it uses cookies from Google to deliver its services and to analyze traffic.Learn More.