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Structuring Counter-Cyclical Fiscal Policies in the 1930s

William Barber

Chapter 4 in Gunnar Myrdal, 2008, pp 38-51 from Palgrave Macmillan

Abstract: Abstract Myrdal formally joined Sweden’s Social Democratic Party in 1932. He marked the occasion by writing an essay entitled ‘The Dilemma of Social Policy’ — which he described as a ‘moral’ one. (There is an arresting symmetry in his choice of language here and the usages he later deployed. In 1944, one of the crowning achievements of his career was the publication of An American Dilemma: The Negro Problem and Modern Democracy, which he then diagnosed as a ‘moral’ issue.)

Keywords: Business Cycle; Fiscal Policy; Public Work; Capital Spending; Liberal Party (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:gtechp:978-0-230-28901-7_4

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DOI: 10.1057/9780230289017_4

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