Hostname: page-component-76fb5796d-zzh7m Total loading time: 0 Render date: 2024-04-28T04:51:30.664Z Has data issue: false hasContentIssue false
  • English
  • Français

Economic Policy

Published online by Cambridge University Press:  11 August 2014

H. C. Cottrell
Get access

Extract

This paper sets out those considerations which appear to the author to be of major importance in the formulation of economic policy and some of the history of the development of thought on these matters. It should be emphasized at once that it represents the knowledge acquired by an actuary, with no formal training in economics, in the course of attempting to appraise the policies actually adopted in recent years, and that it is addressed primarily to those setting out with the same equipment on the same path.

The only other introductory remark necessary is that, inter alia, considerations of space prevent any lengthy discussion of non-economic factors which influence economic policy. This does not imply that technological, moral or social problems may be ignored, but that, for this purpose, they are regarded as parameters in the economic equation.

Type
Research Article
Information
Journal of the Staple Inn Actuarial Society , Volume 14 , Issue 3 , July 1957 , pp. 230 - 246
Copyright
Copyright © Institute of Actuaries Students' Society 1957

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

REFERENCES

Board of Governors of Federal Reserve System. Flow of Funds Systems of National Accounts Annual Estimates 1939–1954.Google Scholar
C.S.O. National Income and Expenditure 1956. H.M.S.O. Google Scholar
C.S.O. (1956). National Income Statistics, Sources and Methods. H.M.S.O. Google Scholar
Hansen, A. H. (1953). A Guide to Keynes. London: McGraw Hill Publishing Co. Google Scholar
Harrod, R. F. (1948). Towards a Dynamic Economics. London: Macmillan and Co. Google Scholar
Keynes, J. M. (1947). The General Theory of Employment, Interest and Money. London: Macmillan and Co. Google Scholar
Klein, L. R. (1950). The Keynsian Revolution. London: Macmillan and Co. Google Scholar
Leontief, W. W. (1940). The structure of American Economy, 1919–1939. New York: Oxford University Press.Google Scholar
Redfern, P. (1955). Net investment in fixed assets in the United Kingdom 1938–1953. J.R. Statist. Soc. Series A (General), 118, 141–92.Google Scholar
Stonier, A. W. and Hague, D. C. (1953). A Textbook of Economic Theory. London: Longmans, Green and Co. Google Scholar