World finance and economic stability : selected essays of James Tobin / James Tobin.

Format:

Book

Author/Creator:

Tobin, James, 1918-2002.

Language:

English

Subjects (All):

Monetary policy.

International finance.

Fiscal policy.

United States--Economic policy.

United States.

Economic policy.

Physical Description:

xx, 242 pages : illustrations ; 25 cm

Place of Publication:

Cheltenham, UK ; Northampton, MA : Edward Elgar, [2003]

Contents:

Part I Financial Globalization and World Money

1. The global economy: who is at the helm? 3

3. Financial globalization: can national currencies survive? 20

4. Foreword to Global Capital Flows 35

5. Prologue to The Tobin Tax: Coping with Financial Volatility 39

6. Remarks at a round table on Tobin Tax 48

7. Why we need sand in the market's gears 51

8. They are misusing my name 55

9. An idea that gained currency but lost clarity 61

Part II Currency Crises and Bailouts

10. The IMF's misplaced priorities: flawed fund 67

11. Tighten belt? No, spend cash 72

12. Keynesian insights for the Japanese economy 79

13. Currency unions, American v. European 86

14. Symposium on limiting the moral hazard in international financial rescues 91

Part III Growth and the Fiscal-Monetary Policy Mix

15. 1960: campaign memo on economic growth and 'Growth Through Taxation' 95

16. The monetary and fiscal policy mix 117

17. Can we grow faster? 134

18. Supply constraints on employment and output: NAIRU versus natural rate 151

19. Monetary policy: recent theory and practice 165

20. Whatever happened to fiscal policy? 173

21. Clinton's second term and the American economy 179

22. Fiscal policy: its macroeconomics in perspective 182

Part IV Political Economy

23. Thoughts on indexing the elderly 191

24. The political threat to Social Security 197

25. Fisher's introductory text 202

26. Review of The Commanding Heights 206

27. On Minsky's agenda for reform 211

28. False expectations 215

29. Between a market-based and a caring society: what kind of socially responsible economy do we want? 221

30. Jan Tinbergen (12 April 1903-9 June 1994) 228.

Notes:

Includes bibliographical references and index.

ISBN:

1840649267

OCLC:

49775393