Foundations

Robert Bigg

A chapter in Alvin Hansen, 2023, pp 27-48 from Palgrave Macmillan

Abstract: Abstract The core elements of Hansen’s thought can be found from his earliest writings. Undoubtedly, he re-evaluated and re-configured many of these building blocks throughout his career, but the key themes of equality of opportunity and social responsibility remained. The central questions were about thrift, or savings, and investment, and role of technological progress and population in a dynamic economy. His initial views on the monetary nature of the trade cycle did change quickly in the 1920s but then remained largely fixed. Hansen’s interest in social security, proper housing, health, and education is also apparent. These are placed alongside issues of population growth, industrialisation, and thrift, i.e. an economy with a high savings rate.

Keywords: Alvin Hansen; Business cycle; Equality; Industrial class structure; Laissez-faire; Population; Savings & Investment; Social security; Stabilisation; Technological progress (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:pal:gtechp:978-3-031-42216-4_3

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DOI: 10.1007/978-3-031-42216-4_3

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