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James Meade

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  • David Vines

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.

Suggested Citation

  • David Vines, 2007. "James Meade," Economics Series Working Papers 330, University of Oxford, Department of Economics.
    • Handle: RePEc:oxf:wpaper:330
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    References listed on IDEAS

    as
    1. 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.
    2. Solow, Robert M, 1987. "James Meade at Eighty," Economic Journal, Royal Economic Society, vol. 97(388), pages 986-988, December.
    3. 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.
    4. Martin L. Weitzman, 1976. "On the Welfare Significance of National Product in a Dynamic Economy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 90(1), pages 156-162.
    5. 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.
    6. Corden, W Max, 1996. "Special Profile: James E. Meade, 1907-1995," Review of International Economics, Wiley Blackwell, vol. 4(3), pages 382-386, October.
    7. repec:bla:scandj:v:80:y:1978:i:1:p:64-85 is not listed on IDEAS
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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

    Keywords

    Balance of Payments; Inflation Targeting; Heckscher-Ohlin Trade Theory; International Monetary Fund; World Trade Organisation;
    All these keywords.

    JEL classification:

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

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