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Collecting Nobel Laureate William S. Vickrey's articles on
macroeconomic theory and policy written towards the end of his
career, this volume demonstrates his enduring commitment to full
employment and price stability, and his rejection of conventional
macroeconomic theorizing. William Vickrey never lost hope that
sensible macroeconomic policy could be understood and implemented,
a faith inspired by his humanistic vision of a better world for all
and his belief that common sense would ultimately prevail.
Advocating sensible economic policies, this collection will offer
much of value to heterodox and orthodox economists, graduate
economics students and also policymakers.
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