Skip to main content

On a Recent Change in the Notion of Incomes Policy

  • Chapter
Equity, Efficiency and Growth

Part of the book series: Central Issues in Contemporary Economic Theory and Policy ((CICETP))

  • 52 Accesses

Abstract

Even though in some respects it can legitimately be said, in the words of Beaud and Dostaler ([1], p. 149), that «Keynesianism is a nebulous space crossed by currents and undercurrents… [in which] economists with very differing theoretical or political views have been able… to find that with which to feed or support their theories», it is undeniable that the figure and work of J.M. Keynes should be placed centre-stage of what has been called the «golden age of interventionism». In the struggle with opposing views, the Keynesian concept appeared at a certain phase of the recent history of the Western world, as the triumphal winner both in the field of economic theory and in that of institutions and politics. In the former this triumph was symbolized, for many, by the post-mortem recognition paid to Keynes by his fiercest Cambridge critic, A.C. Pigoul.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 129.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Bibliography

  1. Beaud M. - Dostaler G., La Pensee Economique Depuis Keynes, Paris, Editions du Seuil, 1993.

    Google Scholar 

  2. Bentham J., «A Manual of Political Economy», 1793, in Bowring H. (ed.), Works of J. Bentham, New York, Kelly, 1976.

    Google Scholar 

  3. Caravale G., «Redditi-Politica dei», in Enciclopedia italiana, Appendice IV, 1982.

    Google Scholar 

  4. Caravale G., «Le prospettive per l'occupazione in Europa dopo il 1992», Rivista di Politica Economica, May 1991.

    Google Scholar 

  5. Caravale G., «Economic Theory and Policy», Atlantic Economic Journal, March 1992.

    Google Scholar 

  6. Caravale G., «Alcune considerazioni sulla nozione di equilibrio nella teoria economica” Studi Economici, n. 47, 1992.

    Google Scholar 

  7. Consiglio Nazionale dell Economia e del Lavoro, La politica dei redditi tra impegni del governo e concertazione con le parti sociali, Roma, CNEL, 1993.

    Google Scholar 

  8. D'Antona M., «rfl protocollo sul costo del lavoro e l’ autunno freddo» dell'occupa-zione», Rivista Italiana di Diritto del Lavoro, parte I, 1993.

    Google Scholar 

  9. Dow S., Macroeconomic Thought, London, Macmillan, 1989.

    Google Scholar 

  10. Jossa B., Il neoliberismo: teoria e politica economica, Milano, F. Angeli, 1994.

    Google Scholar 

  11. Kaldor N., «Keynesian Economics After Fifty Years», in Worswick D. - Trevtth-ick J. (eds.), Keynes and the Modern World, Cambridge, Cambridge University Press, 1983.

    Google Scholar 

  12. Keynes J.M., «The Collected Writings of John Maynard Keynes», vol. XIII, The General Theory and After, I, Preparation, London, Macmillan, 1973.

    Google Scholar 

  13. Keynes J.M., «The Collected Writings of John Maynard Keynes», vol. XXVI, Activities 1941-1946 Shaping the Post War World - Bretton Woods, London, Macmillan, 1973.

    Google Scholar 

  14. Lawlor M.S., «Keynes, Cambridge and The New Keynesian Economics», in Darity W. (ed.), Labor Economics: Problems in Analyzing Labor Markets, Philadelphia, Kluwer Academic Publishers, 1993.

    Google Scholar 

  15. Lecaillon, P., La Politique des Revenues, Congres des Economistes de Langue Francaise, Paris, 1965.

    Google Scholar 

  16. Milgate M., «Controversies in the Theory of Employment», Contributions to Political Economy, vol. 7, 1988.

    Google Scholar 

  17. Nisnco S. - D'Orlando F. - Pirro A.M., «Some Questions for the New Keynesians» paper presented at the annual conference Atlantic Economic Society, Athens, March 1994.

    Google Scholar 

  18. Papi G.U., Dizionario di economia, Torino, UTET, 1967.

    Google Scholar 

  19. Pigou A.C, Keynes' General Theory - A Retrospective View, London, Macmillan, 1950, Italian version in Caffe F. (ed.), Keynes: Riletture e Rievocazioni, Torino, Einaudi, 1983.

    Google Scholar 

  20. Robinson J., Economic Philosophy, New York, Adline Publishing, Co., 1962.

    Google Scholar 

  21. Robinson J., Ideologie e scienza economica, Firenze, Sansoni, 1966.

    Google Scholar 

  22. Roncagua A., Le politiche dei redditi, Arezzo, Banca Popolare dell'Etruria, 1986.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Copyright information

© 1996 Servizio Italiano Pubblicazioni Internazionali Srl

About this chapter

Cite this chapter

Caravale, G. (1996). On a Recent Change in the Notion of Incomes Policy. In: Baldassarri, M., Paganetto, L., Phelps, E.S. (eds) Equity, Efficiency and Growth. Central Issues in Contemporary Economic Theory and Policy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24649-6_8

Download citation

Publish with us

Policies and ethics