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James Meade

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  • David Vines
  • Martin Weale

Abstract

This article explains the part that Meade played in the creation of Keynes`s General Theory, describes his work with Keynes during the Second World War in the creation of the IMF and the GATT, and summarizes the ideas in The Theory of International Economic Policy for which Meade was awarded the Nobel Prize in 1977. It also sets out the role that Meade played in the construction of the inflation-targeting regime which became the centrepiece of British macroeconomic policymaking in the 1990s.
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Suggested Citation

  • David Vines & Martin Weale, 2009. "James Meade," Economic Journal, Royal Economic Society, vol. 119(541), pages 423-429, November.
    • Handle: RePEc:ecj:econjl:v:119:y:2009:i:541:p:f423-f429
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    References listed on IDEAS

    as
    1. Martin L. Weitzman, 1976. "On the Welfare Significance of National Product in a Dynamic Economy," The Quarterly Journal of Economics, Oxford University Press, vol. 90(1), pages 156-162.
    2. Meade, James E, 1972. "The Theory of Labour-Managed Firms and of Profit Sharing," Economic Journal, Royal Economic Society, vol. 82(325), pages 402-428, Supplemen.
    3. J. E. Meade, 1937. "A Simplified Model of Mr. Keynes' System," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 4(2), pages 98-107.
    4. Corden, W Max, 1996. "Special Profile: James E. Meade, 1907-1995," Review of International Economics, Wiley Blackwell, vol. 4(3), pages 382-386, October.
    5. Solow, Robert M, 1987. "James Meade at Eighty," Economic Journal, Royal Economic Society, vol. 97(388), pages 986-988, December.
    6. Johnson, Harry G, 1978. " James Meade's Contribution to Economics," Scandinavian Journal of Economics, Wiley Blackwell, vol. 80(1), pages 64-85.
    7. J. A. Sefton & M. R. Weale, 2006. "The Concept of Income in a General Equilibrium," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 73(1), pages 219-249.
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    Cited by:

    1. McCallum, Bennett T & Nelson, Edward, 2000. "Monetary Policy for an Open Economy: An Alternative Framework with Optimizing Agents and Sticky Prices," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 16(4), pages 74-91, Winter.

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    More about this item

    JEL classification:

    • E0 - Macroeconomics and Monetary Economics - - General
    • F0 - International Economics - - General

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