Skip to main content
SpringerLink
Log in

Meade, James Edward (1907–1995)

  • Reference work entry
  • First Online:
The New Palgrave Dictionary of Economics

  • 263 Accesses

Abstract

This article explains the part that Meade played in the creation of Keynes’s General Theory, describes his work with Keynes during the Second World War in the creation of the IMF and the GATT, and summarizes the ideas in The Theory of International Economic Policy for which Meade was awarded the Nobel Prize in 1977. It also sets out the role that Meade played in the construction of the inflationtargeting regime which became the centrepiece of British macroeconomic policymaking in the 1990s.

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

Access this chapter

Log in via an institution
Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 6,499.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 8,499.99
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

Bibliography

  • Alexander, S. 1952. The effects of a devaluation on a trade balance. IMF Staff Papers 2: 263–278.

    Article  Google Scholar 

  • Allsopp, C., and D. Vines. 2005. The macroeconomic role of fiscal policy. Oxford Review of Economic Policy 21: 485–508.

    Article  Google Scholar 

  • Atkinson, A. 1996. James Meade’s vision: Full employment and social justice. National Institute Economic Review 157 (July): 90–97.

    Article  Google Scholar 

  • Atkinson, A., and M. Weale. 2000. James Meade: A memoir. In 1999 Lectures and Memoirs. London: Published for the British Academy by Oxford University Press.

    Google Scholar 

  • Barro, R., and D. Gordon. 1983. A positive theory of monetary policy in a natural rate model. Journal of Political Economy 91: 589–610.

    Article  Google Scholar 

  • Bean, C. 1998. The new UK monetary arrangements: A view from the literature. Economic Journal 108: 1795–1809.

    Article  Google Scholar 

  • Bhagwati, J., and V.K. Ramaswami. 1963. Domestic distortions, tariffs, and the theory of optimum subsidy. Journal of Political Economy 71: 44–50.

    Article  Google Scholar 

  • Brigden, J., D. Copeland, E. Dyason, L. Giblin, and C. Wickens. 1929. The Australian tariff: An economic enquiry. Melbourne: Melbourne University Press.

    Google Scholar 

  • Corden, W.M. 1984. Booming sector and Dutch disease economics: Survey and consolidation. Oxford Economic Papers 36: 359–380.

    Article  Google Scholar 

  • Corden, W.M. 1996a. Special profile: James Meade, 1907–1995. Review of International Economics 4: 382–386.

    Article  Google Scholar 

  • Corden, W.M. 1996b. James Meade 1907–1995. Economic Record 72: 172–174.

    Article  Google Scholar 

  • Corden, W.M., and A. Atkinson. 1979. Meade James E. In International enyclopaedia of the social sciences bibliographical supplement, ed. D.L. Sills, vol. 18. New York: Free Press; London: Macmillan.

    Google Scholar 

  • Dixit, A., and J. Stiglitz. 1977. Monopolistic competition and optimum product diversity. American Economic Review 57: 297–308.

    Google Scholar 

  • Durbin, E. 1985. New Jerusalems. London: Routledge & Kegan Paul.

    Google Scholar 

  • Fleming, J.M. 1951. On making the best of balance of payments restrictions on imports. Economic Journal 61: 48–71.

    Article  Google Scholar 

  • Fleming, J.M. 1962. Domestic financial policies under fixed and under floating exchange rates. IMF Staff Papers 9: 369–379.

    Article  Google Scholar 

  • Friedman, M. 1953. The effects of a full employment policy on economic stability: A formal analysis. In Essays in Positive Economics. Chicago: Chicago University Press.

    Google Scholar 

  • Friedman, M. 1968. The role of monetary policy. American Economic Review 58: 1–17.

    Google Scholar 

  • Garnaut, R. 2005. Is macroeconomics dead? Monetary and fiscal policy in historical context. Oxford Review of Economic Policy 21: 524–531.

    Article  Google Scholar 

  • Gordon, R. 1990. What is new Keynesian economics? Journal of Economic Literature 28: 1115–1171.

    Google Scholar 

  • Greenaway, D. 1990. The intelligent radical on economic policy: An essay on the work of James Meade. Scottish Journal of Political Economy 37: 288–298.

    Article  Google Scholar 

  • Gregory, R. 1976. Some implications of the growth of the mineral sector. Australian Journal of Agricultural Economics 20 (2): 71–91.

    Article  Google Scholar 

  • Hall, R., and G. Mankiw. 1993. Nominal income targeting, NBER Working paper no 4439, Published in Monetary Policy, ed. G. Mankiw. Chicago: University of Chicago Press, 1994.

    Google Scholar 

  • Harberger, A.C. 1950. Currency depreciation, income and the balance of trade. Journal of Political Economy 58: 47–60.

    Article  Google Scholar 

  • Harcourt, G.C. 1982. In The social science imperialists: Selected Essays, ed. P. Kerr. London: Routledge & Kegan Paul.

    Google Scholar 

  • Harcourt, G.C. 1985. Meade, James (1907–). In The social science encyclopaedia, ed. A. Kuper and J. Kuper. London: Routledge & Kegan Paul.

    Google Scholar 

  • Harrod, R.F. 1933. International economics. London: Nisbet.

    Google Scholar 

  • Hicks, J. 1937. Mr Keynes and the classics: A suggested simplification. Econometrica 5: 147–159.

    Article  Google Scholar 

  • Howson, S. 2000. James Meade. Economic Journal 110: 122–145.

    Article  Google Scholar 

  • Johnson, H.G. 1951. The taxonomic approach to economic policy. Economic Journal 61: 812–832.

    Article  Google Scholar 

  • Johnson, H.G. 1965. Optimal trade intervention in the presence of domestic distortions. In Trade growth and the balance of payments, ed. R. Baldwin. Amsterdam: North-Holland.

    Google Scholar 

  • Johnson, H.G. 1978. James Meade’s contribution to economics. Scandinavian Journal of Economics 80: 64–85.

    Article  Google Scholar 

  • Kahn, R. 1931. The relation of home investment to unemployment. Economic Journal 41: 173–198.

    Article  Google Scholar 

  • Kahn, R. 1984. The making of Keynes’ general theory. Cambridge: Cambridge University Press.

    Google Scholar 

  • Keynes, J.M. 1930. A treatise on money. London: Macmillan.

    Google Scholar 

  • Keynes, J.M. 1936. The general theory of employment, interest and money. London: Macmillan.

    Google Scholar 

  • Keynes, J.M. 1939. Relative movements of real wages and output. Economic Journal 49: 34–51.

    Article  Google Scholar 

  • Keynes, J.M. 1940. How to pay for the war. Repr. in Keynes (1971–88, vol. 9). London: Macmillan.

    Google Scholar 

  • Keynes, J.M. 1971–88. The collected writings of John Maynard Keynes. London: Macmillan.

    Google Scholar 

  • Kirsanova, T., J. Stehn, and D. Vines. 2005. The interactions between fiscal policy and monetary policy. Oxford Review of Economic Policy 21: 532–564.

    Article  Google Scholar 

  • Kydland, F.E., and E.C. Prescott. 1978. Rules rather than discretion. Journal of Political Economy 84: 473–491.

    Google Scholar 

  • Laursen, S., and L. Metzler. 1950. Flexible exchange rates and the theory of employment. Review of Economics and Statistics 32: 281–299.

    Article  Google Scholar 

  • Layard, R. 1986. How to beat unemployment. Oxford: Oxford University Press.

    Google Scholar 

  • Layard, R., S. Nickell, and R. Jackman. 1991. Unemployment: Macroeconomic performance and the labour market. Oxford: Oxford University Press.

    Google Scholar 

  • Leiderman, L., and L. Svensson, eds. 1995. Inflation targets. London: CEPR.

    Google Scholar 

  • Minister of Reconstruction. 1944. Employment policy. Cmd. 6527. London: HMSO.

    Google Scholar 

  • Mundell, R.A. 1962. The appropriate use of fiscal and monetary policy for internal and external stability. IMF Staff Papers 9: 70–77.

    Article  Google Scholar 

  • Phillips, C. 1920. Bank Credit. New York: Macmillan.

    Google Scholar 

  • Phillips, A.W. 1950. Mechanical models in economic dynamics. Economica 17: 283–305.

    Article  Google Scholar 

  • Phillips, A.W. 1954. Stabilization policy in a closed economy. Economic Journal 64: 290–323.

    Article  Google Scholar 

  • Phillips, A.W. 1957. Stabilization policy and the time form of lagged responses. Economic Journal 67: 265–277.

    Article  Google Scholar 

  • Robinson, J. 1937. The foreign exchanges. In Essays in the theory of employment. London: Macmillan. 2nd ed., 1947.

    Google Scholar 

  • Rowthorn, R. 1977. Conflict, inflation and money. Cambridge Journal of Economics 1: 215–239.

    Google Scholar 

  • Samuelson, P. 1948. Economics. New York: McGraw Hill.

    Google Scholar 

  • Shackle, G.L.S. 1967. The years of high theory. Cambridge: Cambridge University Press.

    Google Scholar 

  • Skidelsky, R. 1983. John Maynard Keynes: Hopes Betrayed 1883–1920. London: Macmillan.

    Google Scholar 

  • Skidelsky, R. 2000. John Maynard Keynes: Fighting for Britain 1937–1946. London: Macmillan.

    Google Scholar 

  • Solow, R.M. 1956. A contribution to the theory of economic growth. Quarterly Journal of Economics 70: 65–94.

    Article  Google Scholar 

  • Solow, R.M. 1987. James Meade at eighty. Economic Journal 97: 986–988.

    Article  Google Scholar 

  • Swan, T.W. 1956. Economic growth and capital accumulation. Economic Record 32: 334–361.

    Article  Google Scholar 

  • Swan, T. 1963. Longer run problems of the balance of payments. In The Australian economy, ed. H.W. Arndt and W.M. Corden. Melbourne: Cheshire. Repr. in Readings in international economics, ed. R. Caves and H. Johnson. Homewood: Irwin, 1968.

    Google Scholar 

  • Taylor, J. 1994. Macroeconomic policy in a world economy: From econometric design to practical operation. New York: Norton.

    Google Scholar 

  • Van Dormael, A. 1978. Bretton Woods: Birth of a monetary system. London: Macmillan.

    Book  Google Scholar 

  • Viner, J. 1950. The customs union issue. New York: Carnegie Institute for International Peace.

    Google Scholar 

  • Vines, D. 1987. Meade James Edward. In The new palgrave: A dictionary of economics, ed. J. Eatwell, M. Milgate, and P. Newman, vol. 3. London: Macmillan.

    Google Scholar 

  • Vines, D. 1994. Unfinished business: Australian protectionism, Australian trade liberalisation and APEC. Shann Memorial Lecture, University of Western Australia. In Australian macroeconomic policy debates: Contributions from the Shann memorial lectures, 1991–2000, ed. P.L. Crompton. Perth: University of Western Australia Press, 2005.

    Google Scholar 

  • Vines, D. 1996. The Phillips machine. In A.W. Phillips: Collected writings in contemporary perspective, ed. R. Leeson. Cambridge: Cambridge University Press.

    Google Scholar 

  • Vines, D. 2003. John Maynard Keynes, 1937–1946: The creation of international macroeconomics. Economic Journal 113: F338–F361.

    Article  Google Scholar 

  • Weitzman, M. 1984. The share economy. Cambridge, MA: Harvard University Press.

    Google Scholar 

  • Williamson, J. 1983a. Keynes and the international economic order. In Worswick and Trevithick (1983).

    Google Scholar 

  • Williamson, J. 1983b. The exchange rate system. Washington, DC: Institute for International Economics.

    Google Scholar 

  • Wilson, T. 1982. Planning for the war and for the peace. In Keynes as a policy adviser, ed. A.P. Thirlwall. London: Macmillan.

    Google Scholar 

  • Woodford, M. 2003. Interest and prices. Princeton: Princeton University Press.

    Google Scholar 

  • Worswick, D., and D. Trevithick, eds. 1983. Keynes and the modern world. Cambridge: Cambridge University Press.

    Google Scholar 

  • Young, W. 1987. Interpreting Mr Keynes: The IS/LM Enigma. Cambridge: Polity Press.

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. http://link.springer.com/referencework/10.1057/978-1-349-95121-5

    David Vines

Authors
  1. David Vines
    View author publications

    You can also search for this author in PubMed Google Scholar

Editor information

Copyright information

© 2018 Macmillan Publishers Ltd.

About this entry

Check for updates. Verify currency and authenticity via CrossMark

Cite this entry

Vines, D. (2018). Meade, James Edward (1907–1995). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1165

Download citation

Publish with us

Policies and ethics

Search

Navigation