Commitment to Full Employment: Macroeconomics and Social Policy in Memory of William S.Vickrey

The 15 papers collected in this book encompass important macroeconomic theories and policies espoused by 1996 Nobe laureate economist Willaim S. Vickrey and his associates. Vickrey wrote a number of papers in the last few years of his life elucidating his commitment to full employment as a prerequisite for a decent standard of living for all. Drawing or the foundation of Vickrey's work, the contributors expand and elaborate on issues relative to full employment theory and policy, and on related macro-policy issues. This accessible book includes two previously unpublished Vickrey papers, a foreword by Robert Heilbroner, and keynote papers by Paul Davidson and James K. Gailbraith. It is directed toward students and policy makers interested in macroeconomic theory, employment policy, and political economy.