This long-awaited book, coauthored by Nobel laureate and Yale University emeritus professor Tobin, is the essential guide to monetary theory for those who need the best available, most authoritative economic explanations. This fundamental introduction includes authoritative coverage of the mechanisms of the Federal Reserve and how its policies affect investment activity via interest rates and the credit offered to private borrowers.

Money, Credit and Capital

Business & Money

Tobin, James

Golub, Stephen S.

Economics

McGraw/Hill/Irwin

Money, Credit and Capital (Advanced Series in Economics)

Golub, Stephen

McGraw-Hill Education (ISE Editions)

Asset Accumulation and Economic Activity: Reflections on Contemporary Macroeconomic Theory

University of Chicago Press

In this work James Tobin discusses two major issues of macroeconomics: the strength of automatic market forces in maintaining full employment equilibrium and the efficacy of government fiscal and monetary policies in stabilizing the economy.

James Tobin - the 1981 Nobel laureate in economics - is one of the principal figures among contemporary American economists. This new collection of his professional papers contains his most recent work, written mainly since 1974.  In a period marked by revisionism in economic theory and retrenchment in the public goals of economic policy, Tobin remains committed to the standard he has upheld throughout his professional life. He is an "eclectic Keynesian" in theory whose socioeconomic concern is to reduce poverty, inequality, and discrimination through the maintenance of full employment and economic growth and through such policies as the negative income tax and other income transfers.  Part I, Monetary Theory and Policy, includes Tobin's most recent writings on monetary theory and its application to the stagflation economy of the 1970s. Several of these challenge the more extreme theoretical and empirical claims of Milton Friedman's brand of monetarism.  Part II, Macroeconomic Fiscal Policies and Economic Growth, takes up the short and long-run effects of alternative polices on output, interest rates, capital formation, and prices. It also examines the impact of technological development on employment, the macroeconomic effects of selective public employment and wage subsidy, the case against constitutional restrictions on fiscal policy, and other issues.  Part III, International Monetary Economics, deals with balance of payments adjustments, floating exchange rates, and a proposal for international monetary reform.  Part IV, Welfare and Inequality, reaffirms the author's stand on income redistribution and negative income tax in support of humanitarian goals.  A final part, Economists, offers portraits and sketches of other economists Tobin has known - Alvin Hansen, Kermit Gordon, Paul Douglas, Harry Gordon Johnson, Milton Friedman, and John Kenneth Galbraith.  James Tobin is Sterling Professor of Economics at Yale.

Essays in Economics, Theory and Policy (Papers of James Tobin/Tobin, James, Vol 3)

Mit Pr

In a period marked by revisionism in economic theory and retrenchment in the public goals of economic policy, Tobin remains committed to the standard he has upheld throughout his professional life. He is an "eclectic Keynesian" in theory whose socioeconomic concern is to reduce poverty, inequality, and discrimination through the maintenance of full employment and economic growth and through such policies as the negative income tax and other income transfers.  These 28 essays, covering Tobin's work in macroeconomics from the early 1940s to 1970 are grouped into three parts - macroeconomic theory, economic growth, and money and finance.  James Tobin is Sterling Professor of Economics at Yale. Essays in Economics: Volume 3, Theory and Policy was published by The MIT Press in 1982. Back in print.

Essays in Economics, Vol. 1: Macroeconomics

Volume 2 of James Tobin's Essays in Economics brings together twenty papers published between 1940 and 1972. These cover macroeconomics, particularly the theory of the relationship between unemployment and inflation and the dilemma their connection poses for policy; consumption function, which is also related to macroeconomic theory and to the theory of individual behavior; consumer theory and statistical method applied to the problem of rationing; and the development and application of econometric methods suitable for the empirical analysis of consumer behavior.James Tobin received the Nobel Prize in 1981 and is Sterling Professor of Economics at Yale. Essays in Economics, Volume 1: Macroeconomics and Volume 3: Theory and Policy are both available from The MIT Press.

Essays in Economics, Vol. 2: Consumption and Economics

In these timely essays, Nobel prizewinning economist James Tobin shows how Keynesian economics offers corrective treatment for the economic ailments we have faced under the Ford, Carter, and Reagan administrations.Essays in the first part of the book focus on theory and policy in Keynesian economics, particularly on the modern anti-Keynesian movements of the 1970s and 1980s. Tobin's writings on the events, controversies, doctrines, and policies of the Reagan era make up the book's second section, Essays in part three continue to discuss the Reagan revolution, focusing on fiscal policies and presenting some general macroeconomic principles that can be invoked to remedy the situation; those in part four are concerned more specifically with the conduct of monetary policy. A fifth section addresses inflation stagflation, and unemployment, recommending income policies that Tobin believes must become a "permanent tool of macroeconomic policy." The book concludes with several essays on various aspects of political economy, including a timely reminder that economic policies should serve ethical values.

Policies for Prosperity: Essays in a Keynesian Mode

This fourth volume in the series of Nobel laureate James Tobin's classic papers represents his work since 1980.
This fourth volume in the series of Nobel laureate James Tobin's classic papers represents his work since 1980. Both national and international views are intermingled among the 36 chapters on macroeconomics and fiscal policy, savings, stabilization policy, international coordination of macroeconomic policy, monetary policy, and exchange rates. Several tributes to colleagues―including Walter Heller and Seymour Harris―round out the collection.

Essays in Economics, Vol. 4: National and International

In a period marked by revisionism in economic theory and retrenchment in the public goals of economic policy, Tobin remains committed to the standard he has upheld throughout his professional life. He is an "eclectic Keynesian" in theory whose socioeconomic concern is to reduce poverty, inequality, and discrimination through the maintenance of full employment and economic growth and through such policies as the negative income tax and other income transfers. These 28 essays, covering Tobin's work in macroeconomics from the early 1940s to 1970 are grouped into three parts - macroeconomic theory, economic growth, and money and finance. James Tobin is Sterling Professor of Economics at Yale. Essays in Economics: Volume 3, Theory and Policy was published by The M.I.T. Press in 1982. Back in print.

Essays in Economics, Volume 1: Volume 1: Macroeconomics

MIT Press]

See the best price to sell, buy, or rent books by Tobin, James. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Tobin, James

See the best price to sell, buy, or rent books by Tobin, James. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Money, Credit and Capital

Money, Credit and Capital (Advanced Series in Economics)

Asset Accumulation and Economic Activity: Reflections on Contemporary Macroeconomic Theory

Asset Accumulation and Economic Activity: Reflections on Contemporary Macroeconomic Theory

Essays in Economics, Theory and Policy (Papers of James Tobin/Tobin, James, Vol 3)

Essays in Economics, Vol. 1: Macroeconomics

Essays in Economics, Vol. 2: Consumption and Economics

Policies for Prosperity: Essays in a Keynesian Mode

Essays in Economics, Vol. 4: National and International

Essays in Economics, Volume 1: Volume 1: Macroeconomics