The volume explores whether fiscal policies can secure full employment without inflation, one of the key questions in economics after Keynes. Part 1, "General Theory of Public Finance and Fiscal Policy", discusses ends and means in economic policy. The results of this ends-means analysis are applied to fiscal policy. Part 2, "Microeconomics", deals with the impact of fiscal measures on the behaviour of the individual household, firm and other organization, concentrating on the effects on consumption and saving. Part 3, "Macroeconomics", considers how the problem of keeping the price-level constant and the labour market in equilibrium at full employment may be solved by means of fiscal and monetary measures. Problems connected with the volume of investments and the balance of payments are considered simultaneously.

This book, originally published in 1951, is a theoretical study inspired by some central economic problems which have appeared during and after the Second World War in many countries, including Scandinavia. It develops a monetary theory for repressed inflation, gives a number of definitions and concepts and explains the connection between the concepts. The investigation of the problems of repressed inflatin also serve as an introduction to the study of open inflation.

This book, originally published in 1951, is a theoretical study inspired by some central economic problems which have appeared during and after the Second World War in many countries, including Scandinavia. It develops a monetary theory for repressed inflation, gives a number of definitions and concepts and explains the connection between the concepts. The investigation of the problems of repressed inflatin also serve as an introduction to the study of open inflation.

The book explores whether fiscal policies can secure full employment without inflation, one of the key questions in economics after Keynes.
Part 1, General Theory of Public Finance and Fiscal Policy, discusses Ends and Means in economic policy. The results of this ends-means analysis are applied to fiscal policy. Part 2, Microeconomics, deals with the impact of fiscal measures on the behaviour of the individual household, firm and other organization, concentrating on the effects on consumption and saving. Part 3, Macroeconomics, considers how the problem of keeping the price-level constant and the labour market in equilibrium at full employment may be solved by means of fiscal and monetary measures. Problems connected with the volume of investments and the balance of payments are considered simultaneously.

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