Full Employment - Policy

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.

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Famous quotes containing the word policy:

    Letting a hundred flowers blossom and a hundred schools of thought contend is the policy for promoting the progress of the arts and the sciences and a flourishing culture in our land.
    Mao Zedong (1893–1976)

    ’Tis our true policy to steer clear of permanent alliances with any portion of the foreign world.
    George Washington (1732–1799)

    If matrimony be really beneficial to society, the custom that ... married women alone are allowed any claim to place, is as useful a piece of policy as ever was invented.... The ridicule fixed on the appellation of old maid hath, I doubt not, frightened a very large number into the bonds of wedlock.
    Sarah Fielding (1710–1768)