Abstract

Economics with a human face
Pollin, Robert | September 30, 1996 issue

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The article emphasizes that the obstacles to growth with full employment are political, not economic in the United States. Growth policies need to be targeted to achieve real full employment at rising wages. The reigning Washington/ Wall Street consensus that deficit reduction and zero inflation are desirable does raise formidable political obstacles to implementing full-employment growth policies. The most appropriate target on which to focus an expansionary program is public investment in the country's transportation systems and in education, health, child welfare and environmental protection.

See Also:

ECONOMIC development; EMPLOYMENT (Economic theory); ECONOMIC policy; PUBLIC investments; CHILD welfare; ENVIRONMENTAL protection; UNITED States
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