This book discusses ways to improve macroeconomic policy in the
context of the various macroeconomic problems of the past two
decades, with the chapters having been written at various times
over that period. It emphasises the need to find the best
combinations of monetary policy and different forms of taxation and
government outlays to achieve high employment and low inflation.
There is a concluding chapter discussing the special problems that
arise when inflation has become low, zero or even negative.
General
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