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Today's Task for Economists

In: Full Employment and Price Stability

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  • William Vickrey

Abstract

Collecting Nobel Laureate William S. Vickrey’s articles on macroeconomic theory and policy written towards the end of his career, this volume demonstrates his enduring commitment to full employment and price stability, and his rejection of conventional macroeconomic theorizing. William Vickrey never lost hope that sensible macroeconomic policy could be understood and implemented, a faith inspired by his humanistic vision of a better world for all and his belief that common sense would ultimately prevail.

Suggested Citation

  • William Vickrey, 2004. "Today's Task for Economists," Chapters, in: Mathew Forstater & Pavlina R. Tcherneva (ed.), Full Employment and Price Stability, chapter 7, pages 44-53, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:3110_7
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    Cited by:

    1. Richard Arnott, 1998. "William Vickrey: Contributions to Public Policy," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 5(1), pages 93-113, February.
    2. Alessandra Casella, 1999. "Tradable deficit permits: efficient implementation of the Stability Pact in the European Monetary Union," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 14(29), pages 322-361.
    3. Jacques Drèze, 2001. "On the Macroeconomics of Uncertainty and Incomplete Markets," International Economic Association Series, in: Jacques Drèze (ed.), Advances in Macroeconomic Theory, chapter 3, pages 30-55, Palgrave Macmillan.
    4. Jacques H. Drèze, 2000. "Sur la macroéconomie de l'incertitude et des marchés incomplets," Revue de l'OFCE, Programme National Persée, vol. 72(1), pages 7-37.
    5. Roberton Williams, 2002. "Prices vs. Quantities vs. Tradable Quantities," NBER Working Papers 9283, National Bureau of Economic Research, Inc.
    6. Smith, Vincent H., 1998. "Measuring the benefits of social science research," Impact assessments 2, International Food Policy Research Institute (IFPRI).
    7. Mathew Forstater, 1999. "Savings-Recycling Public Employment: An Assets-Based Approach to Full Employment and Price Stability," Macroeconomics 9908003, University Library of Munich, Germany.
    8. Per Gunnar Berglund, 2001. "Equality and Enterprise: Can Functional Finance Offer a New Historical Compromise?," SCEPA working paper series. 2001-01, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
    9. Dimitri B. Papadimitriou, "undated". "Full Employment Has Not Been Achieved, Full Employment Policy: Theory and Practice," Economics Public Policy Brief Archive ppb_53, Levy Economics Institute.
    10. AZIZ, Jahangir & LERUTH, Luc, 1999. "Cyclical effects of the composition of government purchases," LIDAM Discussion Papers CORE 1999032, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).

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    Keywords

    Economics and Finance;

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