IDEAS home Printed from https://ideas.repec.org/h/pal/gtechp/978-3-319-69281-4_7.html
   My bibliography  Save this book chapter

Demand Management

In: James Edward Meade

Author

Listed:
  • David Reisman

    (Nanyang Technological University
    University of Surrey)

Abstract

In the 1930s Meade, like most Keynesians, assumed that prices would be stable but that monetary and fiscal management were needed to reduce the slack in the Great Depression. The key would be public spending on infrastructure. It would prime the income-expenditure pump and end the vicious cycle of under-consumption. Meade evaluated the various monetary and fiscal tools assessing interest rates, taxes, transfers and other instruments to establish which would have the quicker impact. Meade was an internationalist, all too aware of the harm that free riders could do. Global cooperation was essential if the world as a whole were to lift itself out of underemployed potential. Meade in the 1950s changed his focus. He began to identify inflation as the greater problem.

Suggested Citation

  • David Reisman, 2018. "Demand Management," Great Thinkers in Economics, in: James Edward Meade, chapter 7, pages 147-165, Palgrave Macmillan.
  • Handle: RePEc:pal:gtechp:978-3-319-69281-4_7
    DOI: 10.1007/978-3-319-69281-4_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:gtechp:978-3-319-69281-4_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.