The Economic Theory of Fiscal Policy

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Summary

The book explores whether fiscal policies can secure full employment without inflation, one of the key questions in economics after Keynes.

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Ends and Means in Economic Policy
The Means of Fiscal Policy
The Balance of the Budget
Economic Fluctuations and the Budget
On Incidence
A Classification of the Means of Fiscal Policy

Planning by Households
The Effects of Taxation on the Consumption and Saving Plans of Households
Further Observations on Fiscal Policy and Household Planning
The Importance of Fiscal Policy for Planning by Firms
Organization and Fiscal Policy

Stable Value of Money and Full Employment
Neutral Fiscal Policy
Direct versus Indirect Taxation
Fiscal policy and Internal Disturbances
Long-Term Problems of Fiscal Policy
Fiscal Policy and Wage Policy
Views on Fiscal Policy and Foreign Trade Full Employment and a Stable Value of Money in a World of Uncertainty
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