Written during the Second World War against the background of the
economic and political futility of the 1930s, this book deals with
the changing role of government, and particularly fiscal policy as
an instrument for regulating the national income and its
distribution. Arguing that the war had an economic basis - the
inability of the great industrial nations to provide full
employment at rising standards of real income - the book discusses
how the failure to achieve a world order in the political sphere
must be sought in the facts of economic frustration.
General
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