Titlebook: James Edward Meade; David Reisman Book 2018 The Editor(s) (if applicable) and The Author(s) 2018 Planning and the Price Mechanism.The Inte

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2662-6276 erson, he can best be described as a cultured Englishman, quiet and open, much in the mould of Coase, Mirrlees or Hicks.?..This book draws upon the whole of Meade’s published work. It incorporates insights from978-3-319-88747-0978-3-319-69281-4Series ISSN 2662-6276 Series E-ISSN 2662-6284

Organization

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Social Policy, His case for equality, in common with other social democrats like Tawney, Titmuss, Durbin and T.H. Marshall, was based on income-related utility differentials, the Rawlsian veil of ignorance, the sense of community, the need for compensation and empowerment but, above all, the social consensus that

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Taxation and Expenditure,he taxes, transfers and investments. Income taxes should be broadly proportional but with a surtax on higher incomes. More important, there should be an expenditure tax, in line with the proposals of Nicholas Kaldor, that would cap divisive ostentation and encourage productive saving. Taxes on capit

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Demand Management,in the Great Depression. The key would be public spending on infrastructure. It would prime the income-expenditure pump and end the vicious cycle of under-consumption. Meade evaluated the various monetary and fiscal tools assessing interest rates, taxes, transfers and other instruments to establish

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Stagflation,economic policy as well. By the 1950s Meade was concerned about the power of the unions to force the economy into an unattractive combination of unacceptable price rises and avoidable unemployment, in excess of the structural or frictional minimum. The only solution to cost-push inflation was a new

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