The Economics of the Recovery Program

The Economics of the Recovery Program

The Economics of the Recovery Program

The Economics of the Recovery Program

Excerpt

The common aim of these essays is to analyze, in the light of economic experience and principle, the present economic policy of this country with reference to the goal of recovery. We wish to take up, one by one, the major groups of measures, and to answer for each of them such questions as: What is the immediate effect it is meant to produce? Are the means, chosen in every case, likely to produce that specific effect? And will that effect, if actually produced, or will the means as such, help to bring about recovery? For exposition of the details of acts and codes we must refer the reader to other sources. Recommendation of proposals of our own is no part of the plan of this volume. It may best be described as a little handbook of, or guide to, the main ideas underlying the policy of recovery and the main arguments about it.

Readers will, by this time, be sufficiently aware of the conflict of opinion on the subject to expect to find plenty of criticism in these pages. This expectation is perfectly justified. Unavoidably . . .

Author Advanced search

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.