Click Here to Download: https://ouo.io/68OhYg The Goals of Macroeconomic Policy By: Martin Prachowny Publisher: Routledge Print ISBN: 9780415107648, 0415107644 eText ISBN: 9781134841431, 1134841434 Edition: 1st Pages: 232 Copyright year: 1994 Format: EPUB Available from $ 33.98 USD SKU 9781134841431R90 Politicians win elections by promising 'Jobs! Jobs! Jobs!' but in practice these promises quickly fall by the wayside. The Goals of Macroeconomic Policy asks why. It begins with the observation that there is no convincing economic argument that full employment should be the primary objective of economic policy in all circumstances. In the light of this it examines whcy policy has failed so consistantly. It explains this by a theory of the labour market which shows why most workers are happy to operate in a way which militates against full employment. It then proceeds to analyse the rather dire consequences of this for the budget deficit. Additional ISBNs 9781280332371, 9780415107631, 1280332379, 0415107636
