Economics at your fingertips  

Constant Full Employment Growth: The Economic Analysis and Policies of Leon Hirsch Keyserling, Council of Economic Advisors – The Truman Era and Beyond

W. Robert Brazelton

The American Economist, 2019, vol. 64, issue 1, 82-94

Abstract: This article discusses the generalized economic theories and policy prescriptions of Leon Hirsch Keyserling. Keyserling himself was a major author of the Employment Act of 1946, which created the Council of Economic Advisors. He became a member of the first council and later the second chair of the council, both during the Truman presidency. Keyserling also openly criticized the now-famous “Accord†of 1951-1952 between the Treasury and the Federal Reserve. Examination of his work and service links Keyserling’s later 16 economic policies to his goal of “constant full employment growth.†JEL Classifications : E21, E31, E40, E51, N12

Keywords: constant full employment growth; federal reserve accord; Tugwell; Keyserling; fiscal policy; monetary policy; Employment Act; Council of Economic Advisors; Heller; Friedman; pegging (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.1177/0569434518761253

Access Statistics for this article

More articles in The American Economist from Sage Publications
Bibliographic data for series maintained by SAGE Publications ().

Page updated 2020-06-17
Handle: RePEc:sae:amerec:v:64:y:2019:i:1:p:82-94