Conquering Unemployment: The Case for Economic Growth

Sound currency and full employment, Rudiger Dornbusch; governments can affect employment - a critique of monetarism old and new, Gavyn Davies - economic theory and the old and new monetarist propositions, fiscal policy and demand, short-run policy ineffectiveness - the propositions explained and rational expectations explored, evaluation of short-run and long-run policy ineffectiveness, the simple algebra of the NAIRU, data sources; medium term employment strategies, Jon Shields; the state of Britain to come, Edward Heath; full employment and the balance of payments, Andrew Britton; the plain man's guide to fiscal and financial policy, Charles Bean and Willem Buiter - the public sector - shibboleths and statistics, increasing taxes to pay for government spending, other ways of financing government spending, simulating the effects on the economy, measuring fiscal stance, debts and deficits - the Chancellor's nightmare, when to run deficits.