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Liberty, Equality, and Efficiency
Hardcover
EconomicsInvesting & FinanceGeneral Political Science
ISBN13: 9780814754917
Publisher: New York Univ Pr
Published: Mar 1 1993
Pages: 384
Weight: 1.17
Height: 0.75 Width: 6.00 Depth: 9.00
Language: English
In this volume, Nobel Laureate James Meade discusses a set of radical changes in economic institutions and policies designed to show an efficient, socially acceptable third alternative between Keynesian inflation and monetarist unemployment, and between the inefficiencies of socialist centralism and the ravages of unrestrained capitalist competition. According to Meade, these changes should aim at allowing freedom of individual choice (liberty), producing a high standard of living (efficiency) and avoiding excessive divergences between riches and poverty (equality).
Including an extensively revised version of Meade's well- known tract, Agothopia: The Economics of Partnership, Liberty, Equality, and Efficiency will be of interest to both economists and political scientists.
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