World Finance and Economic Stability

Selected Essays of James Tobin

The late James Tobin, formerly Sterling Professor Emeritus of Economics, Yale University, US and Nobel Laureate in Economics 1981

Nobel Prize winner James Tobin has made outstanding contributions to modern macroeconomics. In this final collection of his work he examines the economic policies of the United States and its relations with other major economies after 1990. In James Tobin’s view, the welfare of populations depends uniquely on these policies and it is important to be aware of their impact.