Full Employment and Price Stability

威利的宏观视野am S. Vickrey

The late William S. Vickrey, formerly the McVickar Professor of Political Economy, Columbia University, US and Nobel Laureate in Economics 1996 Edited by Mathew Forstater, Associate Professor of Economics and Director, Center for Full Employment and Price Stability, University of Missouri, Kansas City, US and Pavlina R. Tcherneva, Bard College, US

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.

‘This collection of Vickrey’s writings is primarily concerned with macro policy issues, and thus includes some of his lesser-known work. It is a collection that Bill would have wanted to get out to the public because he felt that a solid macro policy was necessary to create a foundation of equity and efficiency before one can even start talking about micro policy.’
– From the preface by David Colander, Middlebury College, US