The Hybrid System of Redistributive Economics

  title={The Hybrid System of Redistributive Economics},
  author={D. Stabile},
This chapter provides an overview of the book’s general theme that the period following World War II was not an Age of Keynes in macroeconomic policy and that the Employment Act of 1946 was more complicated than previously thought. The chapter also introduces and explains two concepts that display the complex goals of the Act, the political economy of a living wage and the hybrid system of redistributive economics. The first concept describes an effort to use government regulation and taxation… Expand