ABSTRACT

The book explores whether fiscal policies can secure full employment without inflation, one of the key questions in economics after Keynes.

Part 1, General Theory of Public Finance and Fiscal Policy, discusses Ends and Means in economic policy. The results of this ends-means analysis are applied to fiscal policy. Part 2, Microeconomics, deals with the impact of fiscal measures on the behaviour of the individual household, firm and other organization, concentrating on the effects on consumption and saving. Part 3, Macroeconomics, considers how the problem of keeping the price-level constant and the labour market in equilibrium at full employment may be solved by means of fiscal and monetary measures. Problems connected with the volume of investments and the balance of payments are considered simultaneously.

part 1|112 pages

General Theory of Fiscal Policy

chapter Chapter 1|27 pages

Ends and Means in Economic Policy

chapter Chapter 2|11 pages

The Means of Fiscal Policy

chapter Chapter 3|26 pages

The Balance of the Budget

chapter Chapter 4|23 pages

Economic Fluctuations and the Budget

chapter Chapter 5|11 pages

On Incidence

chapter Chapter 6|12 pages

A Classification of the Means of Fiscal Policy

part 2|100 pages

Micro-Economics of Fiscal Policy

chapter Chapter 7|20 pages

Planning by Households

chapter Chapter 10|22 pages

The Importance of Fiscal Policy for Planning by Firms

chapter Chapter 11|5 pages

Organizations and Fiscal Policy

part 3|231 pages

Macro-Economics of Fiscal Policy

chapter Chapter 12|14 pages

Stable Value of Money and Full Employment

chapter Chapter 13|31 pages

Neutral Fiscal Policy

chapter Chapter 14|19 pages

Direct versus Indirect Taxation

chapter Chapter 15|22 pages

Fiscal Policy and Internal Disturbances

chapter Chapter 16|19 pages

Long-term Problems of Fiscal Policy

chapter Chapter 17|68 pages

Fiscal Policy and Wage Policy

chapter Chapter 18|42 pages

Views on Fiscal Policy and Foreign Trade