Policy
The active pursuit of national full employment through interventionist government policies is associated with Keynesian economics and marked the postwar agenda of many Western nations, until the stagflation of the 1970s.
Read more about this topic: Full Employment
Famous quotes containing the word policy:
“In the field of world policy I would dedicate this Nation to the policy of the Good Neighbor—the neighbor who resolutely respects himself and, because he does, respects the rights of others—the neighbor who respects his obligations and respects the sanctity of his agreements in and with a world of neighbors.”
—Franklin D. Roosevelt (1882–1945)
“Carlyle said “a lie cannot live.” It shows that he did not know how to tell them. If I had taken out a life policy on this one the premiums would have bankrupted me ages ago.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“War is regarded as nothing but the continuation of state policy with other means.”
—Karl Von Clausewitz (1780–1831)