Full Employment and Price Stability in a Global Economy

A selection of 14 papers from some 60 presented at the Fifth Post Keynesian Conference, held in Knoxville, Kentucky at an undisclosed date. Most of the contributing economists are American, but several are British and a few represent Latin American and other European countries. They wrestle with such issues as attaining external balance with internal growth and employment, speculation and volatile financial markets in the quest to achieve full employment without inflation, the role of money in combating unemployment and of institutions in stabilizing economies, the advantages and disadvantages of the Euro and its implications for the world economy, and Keynes' plan to reform the international payments systems in the post-war era.