Includes bibliographical references (pages 203-208) and index.
Book Cover; Title; Contents; List of Charts, Figures and Tables; Preface; Introduction; The Theory of Macroeconomic Goals; The Benefits of Full Employment; The Welfare Costs of Inflation; The Trade-off between Unemployment and Inflation; Summary; The Achievement of Macroeconomic Targets: U.S. Experience, 1948 90; The Effectiveness of Stabilization Policy; Legislative Intent for Stabilization Policy; Implementation of Stabilization Policy; Concluding Remarks; The Market for Labor Services and the Macroeconomy; The Supply of Labor; The Demand for Labor; Equilibrium in the Labor Market.
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Prachowny details why the economic promises of politicians often fall by the wayside, and questions the argument that full employment should be the primary objective of economic policy in all circumstances.
Goals of macroeconomic policy.
0415107636
Economic policy.
Full employment policies.
Inflation (Finance)
Macroeconomics.
Inflation.
Macro-économie.
Plein emploi.
Politique économique.
BUSINESS & ECONOMICS-- Economics-- Macroeconomics.