The Delusion Of Incomes Policy

Incomes policy, UK - inflation, wage policy, price control, unemployment, employment policy, income distribution, trade union attitude, case studies, Germany, Netherlands, Sweden, USA, USSR. Bibliography, graphs, statistical tables.

This book, originally published in 1981, is a major reassessment of the strengths and weaknesses of incomes policies. A distinguished group of economists comprehensively review the rationale and history of the field, giving special attention to the role fo the public sector, the question of low pay and the differing approaches to incomes policies which have been adopted in Europe and North America.

The sixth edition of this annual collection of the year's best work in policy studies. Contributions in this volume reflect the increased emphasis on budget conscious and carefully targeted social programmes. Exemplifying a range of analytic and methodological strategies, this edition features studies from Australia, the United States, West Germany, and Great Britain.

Working paper presenting an antiinflationary incomes policy for the UK based on labour market competition - reviews salient long term problems in British economic policy and discusses issues such as wage determination, trade union power and restrictive practices, taxable capacity, wage policy, price policy, etc. References.

In this book, Adrian Williamson investigates the processes by which Thatcherism became established in Tory thinking, and questions to what extent the politician herself is responsible for Thatcherism within the Conservative Party.

Monographic study proposing an economic theory of wage determination to overcome inequality in wage differentials in inflationary market economies such as the UK - examines how supply and demand, traditional value systems, collective bargaining, etc., affect the labour market (incl. Relativities between manual workers and nonmanual workers, managers and professional workers, etc.), and considers wage policy and full employment implications, and need for workers participation to bring about change. Bibliography pp. 240 to 246 and graphs.

A provocative critique of the pieties and fallacies of our obsession with economic growth We live in a society in which a priesthood of economists, wielding impenetrable mathematical formulas, set the framework for public debate. Ultimately, it is the perceived health of the economy which determines how much we can spend on our schools, highways, and defense; economists decide how much unemployment is acceptable and whether it is right to print money or bail out profligate banks. The backlash we are currently witnessing suggests that people are turning against the experts and their faulty understanding of our lives. Despite decades of steady economic growth, many citizens feel more pessimistic than ever, and are voting for candidates who voice undisguised contempt for the technocratic elite. For too long, economics has relied on a language which fails to resonate with people's actual experience, and we are now living with the consequences. In this powerful, incisive book, David Pilling reveals the hidden biases of economic orthodoxy and explores the alternatives to GDP, from measures of wealth, equality, and sustainability to measures of subjective wellbeing. Authoritative, provocative, and eye-opening, The Growth Delusion offers witty and unexpected insights into how our society can respond to the needs of real people instead of pursuing growth at any cost.