J. E. Meade

The Structure and reform of direct taxation

Part One: Introduction 1. Scope and Purpose of the Study 2. The Characteristics of a Good Tax Structure 3. The Tax Base Part Two: Defects of the Present System 4. The Existing Base for Direct Taxes in the United Kingdom 5. The Direct Tax Burden and its Distribution 6. Indexation for Inflation Part Three: Some Radical Restructurings of the System of Direct Taxes 7. A Comprehensive Income Tax 8. Forms of Expenditure Tax 9. A Universal Expenditure Tax 10. A Two-Tier Expenditure Tax 11. Housing 12. Corporation Tax 13. Social Security and Income Maintenance 14. The Rate Structure 15. Capital Taxes I: Taxes on the Transfer of Wealth 16. Capital Taxes II: An Annual Wealth Tax 17. National Insurance Contributions, Payroll Taxes, Investment Income Surcharge, Earned Income Relief and Capital Taxes 18. The Tax Unit 19. Trusts

A neo-classical theory of economic growth

1. Introduction 2. Three Determinants of the Rate of Economic Growth 3. Changes in the Rate of Economic Growth 4. The State of Steady Economic Growth 5. An Alternative Treatment of Technical Progress 6. The Rigidity of Machinery 7. The Price of Capital Goods 8. Depreciation and Replacement Appendix 1. The Elasticities of Substitution between Three Factors Appendix 2. A Two Product Economy Appendix 3. Depreciation by Sudden Death

A geometry of international trade

1. The Assumptions 2. The Consumption-Indifference Map and the Trade-Indifference Map 3. The Free Trade Equilibrium with a Zero Balance of Trade 4. The Case of Constant Costs 5. The Case of Decreasing Costa 6. The Representation of Commercial Policy with a Zero Balance of Trade 7. A Balance of Trade Deficit and the Rate of Exchange in Conditions of Free Trade 8. The General Case 9. The Trade-Indifference Map and Economic Welfare

The just economy

1. The Objectives of Economic Policy 2. Interpersonal Comparisons of Welfare 3. The Distinction Between Efficiency and Welfare 4. The Objectives of Distributional Policies 5. Demographic Changes 6. Distribution over Time 7. Measurements and Patterns of Inequality 8. Competition and the Distribution of Income 9. The Intergenerational Transmission of Endowments 10. Assortative Mating and Social Mobility 11. The Accumulation and Inheritance of Property 12. Differential Fertility 13. A Catalogue of Redistributional Policies

Liberty, Equality and Efficiency

This is a review article of a book by J. E. Meade. The first part of the book is a reprint of a book published in 1964. This is not described. The remainder of the book, 164pages, deals with a fictitious island-nation, Agathotopia, which is a good but not perfect place to live. The Agathotopian economy is based on a type of firm in which capitalists and laborers both hold shares which received equal dividends. Other matters described include taxes, the treatment of the environment, and the way in which Agathotopia might fit into an international union such as the European Community. The reviewer suggests that recent trends toward increased labor-management, profit sharing, and stock ownership plans may make the laborcapital partnership a serious alternative in the future. (JEL P40)

Macroeconomic Policy : Inflation, Wealth and the Exchange Rate

Part 1 Theory: a new Keynesian framework for macroeconomic policy the linkages between financial weapons and financial targets - a comparative static analysis the dynamics of price stabilization. Part 2 Application: a stock-flow model with model-consistent or regressive expectations macroeconomic policy rules for economic stabilization counterfactual simulation with forward-looking expectations a simulation of the cost-push economy the controlled economy with reformed wages. Part 3 Method: the derivation and use of linear model the design of economic policy rules. Part 4 Conclusion: summary of results and conclusions.

The controlled economy

Part 1: Some Basic Concepts 1. Uncertainty, Friction and Disequilibrium Growth 2. Environment, Expectations, Decisions, Controls and the State of the Economy 3. Identity, Technological and Behavioural Relations 4. Forms of Response and Time-Lag 5. Positive and Negative Feedback Part 2: A Dynamic Model of the Economy 6. The Inadequacy of the Multiplier-Accelerator Model 7. A Seven-Sector Model 8. A Simplified One-Product Model Part 3: The Theory of Indicative forecasting 9. Forecasting in the Absence of Environmental Uncertainties 10. Forecasting in Conditions of Environmental Uncertainty 11. Economic Efficiency in Conditions of Environmental Uncertainty 12. The Planning of Future Action 13. Some Problems in Indicative Planning Part 4: Government Control Planning 14. The Nature of a Governmental Control Plan 15. The Basic Components of Governmental Control Plan 16. The Application of the Principles of Control to a Particular Social Welfare Function: An Illustrative Case 17. The Decentralisation of Government Control Planning 18. An Indicative Control Plan Part 5: Residual Uncertainty and Economic Stabilization 19. Residual Uncertainty and Public Policy: Proportional, Integral and Derivative Control 20. Money and Other Assets as a Safeguard Against Residual Uncertainty 21. Financial Intermediaries and the Qualities of Assets 22. Monetary Policy 23. Fiscal Policy 24. Price Stability Versus Full Employment

The economic and social structure of Mauritius

1. Introductory 2. The Issues in Outline 3. The Structure of the Economy 4. Labour 5. Agriculture 6. Industry 7. Finance 8. Education 9.The Machinery of Government 10. Summary of Recommendations

Planning and the price mechanism : the liberal-socialist solution

1. The Problem Stated 2. The Control of Inflation and Deflation 3. Distribution of Income and Property 4. The Problem of Monopoly 5. Financial Policy and the Balance of Payments Appendix 1. The Arithmetic of the Amalgation of National Insurance, Childrens Allowances, Food Subsidies and Income Tax Appendix 2. The International Monetary Fund, the International Trade Organization and the United Kingdom Balance of Payments

The economic basis of a durable peace

1. Introductory 2. Liberal and Planned Economies 3. An International Currency 4. Variable Foreign Exchange Rates 5. International Trade 6. International Capital Movements 7. Exchange Control and Clearing Agreements 8. International Population Movements 9. Colonies and Raw Material Supplies 10. Summary and Conclusions