{"product_id":"the-controlled-economy-routledge-revivals-principles-of-political-economy-volume-iii-9780415621762","title":"The Controlled Economy (Routledge Revivals): Principles of Political Economy Volume III","description":"\u003cp\u003e • Author(s): James E. Meade\u003cbr\u003e • Publisher: Taylor \u0026amp; Francis\u003cbr\u003e • Publisher Imprint: Routledge\u003cbr\u003e • BISAC: Economic History\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eFirst published in 1971 this volume applies the tools of static and of dynamic analysis (outlined in \u003cem\u003eThe Stationary Economy \u003c\/em\u003eand \u003cem\u003eThe Growing Economy\u003c\/em\u003e) to the control of a dynamic economy. This involves a discussion of subjects such as the theory of indicative planning, and the planning by the government of its monetary, fiscal, and incomes policies for the purposes of the short-run stabilization of the economy and of ensuring the best long-run use of the community's resources. Special emphasis is laid on the planning of such policies in conditions in which many future events remain inevitably uncertain. \u003c\/p\u003e\u003cp\u003eThis book considers these issues in relation to a competitive, free-enterprise economy; and little or no reference is made to problems of monopoly or of distinctions between social and private costs and benefits, due to indivisibilities and externalities in economic life. \u003c\/p\u003e","brand":"Taylor \u0026 Francis","offers":[{"title":"Paperback","offer_id":45236428996759,"sku":"9780415621762","price":4068.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780415621762.webp?v=1769212990","url":"https:\/\/atlanticbooks.com\/products\/the-controlled-economy-routledge-revivals-principles-of-political-economy-volume-iii-9780415621762","provider":"Atlantic Books","version":"1.0","type":"link"}