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Routledge Fiscal Policy & Business Cycles - Routledge Economics

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Description

This seminal work examines the relationship between fiscal policy and business cycles, tracing how government intervention evolved as an economic stabilisation tool during the Second World War era. Written against the backdrop of 1930s economic stagnation, the book argues that fiscal policy represents a critical instrument for regulating national income and its distribution. The author explores how industrial nations failed to maintain full employment at rising living standards, linking this economic frustration to broader political and geopolitical failures. The analysis connects wartime economic necessities with pre-war economic theory, offering historical perspective on how governments came to use taxation and spending as countercyclical measures. Essential reading for economists, policy makers and students of economic history seeking to understand the intellectual foundations of modern macroeconomic management and the role of fiscal intervention in addressing cyclical downturns.

Key Features

Fiscal Policy & Business Cycles examines government's evolving role in regulating income and employment during transformative economic periods.

Routledge's Economics collection contextualises wartime fiscal strategy within the economic failures and unemployment of the 1930s.

The book connects macroeconomic frustration to international political failures, offering insight into how economics shapes broader geopolitical outcomes.

Provides historical analysis of fiscal policy as an instrument for managing national income distribution and combating cyclical unemployment.

Part of Routledge Library Editions-Economics series, preserving foundational economic thought on policy intervention and business cycle theory.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
05 June 2003
Listed Since
09 February 2007

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