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American Public Policy and Full Employment: The Imperative of Martin Luther Kinga??s Political Economy in the 21st Century

机译:美国的公共政策与充分就业:21世纪马丁·路德·金加的政治经济学势在必行

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摘要

Martin Luther King gave no small deliberation to questions of economic policy. Policy and political economy debates have come full circle the past 50 years, returning precisely to the ideas King envisioned as necessary for creating a just and well-performing economy. Following Kinga??s death, the a??neoclassical consensusa?? reversed much of the economic thought of the classical economists (including 19th-century heterodox thinkers, such as the German Historical School, for example, Friedrich List; and the American School, for example, Simon Patten), Keynesians, and public intellectuals like King. Today, however, some economists such as Paul Krugman have signaled that important intellectual contributions have emerged from nonspecialists, who nonetheless possess great insight into economic thought. This article argues that King, while a nonspecialist, displayed great insights into the working of economies in ways possessing resonance for contemporary economic and public policy debates on employment, inequality, and even tempering political extremism of the type that marred the international order in the 1930s and of which we are seeing hints of today.
机译:马丁·路德·金对经济政策问题进行了不小的讨论。在过去的50年中,政策和政治经济学辩论已全面展开,恰恰回到了金所设想的创建公正和表现良好的经济所必需的思想。金加(Kinga)死后,一个新古典共识颠覆了古典经济学家(包括19世纪的异端思想家,例如德国历史学派,例如弗里德里希·李斯特,以及美国学派,例如西蒙·帕滕),凯恩斯主义者和公共知识分子(例如金斯)的许多经济学思想。但是,今天,一些经济学家,例如保罗·克鲁格曼(Paul Krugman)表示,非专业人士已经出现了重要的智力贡献,但非专业人士却对经济思想有着深刻的见识。本文认为,金虽然不是专家,但以对当代经济和公共政策辩论产生共鸣的方式展示了对经济运作的深刻见解,这些辩论涉及就业,不平等甚至是破坏1930年代国际秩序的政治极端主义其中我们看到了今天的暗示。

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