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New disorders require new polices, says economist Sidney Weintraub.
In this book he draws together many of his shorter writings to deal
with economic problems that have defied orthodox monetary and
fiscal remedies. Weintraub has long been noted for his vigorous
criticism of both monetarist and Keynesian schools of thought for
their failure to cope with disorders in our economy involving
unemployment and inflation. Keynes, Keynesians, and Monetarists
contains the original article on TIP, written in collaboration with
Henry Wallich, outlining a tax-based incomes policy to combat
inflation in an era of unemployment. This essay has been the focus
of extended discussion in official quarters, among economics and in
the public press.
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