ABSTRACT

By J. E. Meade and J. M. Fleming, from The Economic Journal, vol. 54 (December 1944), pp. 321–339. This famous set of articles originated as Economic Section discussion papers in January 1944, Meade’s original memorandum being prompted by Lionel Robbins’ note of dissent on ‘Restrictive Developments in Industry’ to the January 1944 report of the official Steering Committee on Post-war Employment. According to Meade it was Keynes’ idea to publish the papers in the Economic Journal, of which he was editor (Public Record Office T230/16 and CAB87/7; Meade Diary, 16 December 1944).