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Economic Policy

Published online by Cambridge University Press:  11 August 2014

H. C. Cottrell
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Extract

This paper sets out those considerations which appear to the author to be of major importance in the formulation of economic policy and some of the history of the development of thought on these matters. It should be emphasized at once that it represents the knowledge acquired by an actuary, with no formal training in economics, in the course of attempting to appraise the policies actually adopted in recent years, and that it is addressed primarily to those setting out with the same equipment on the same path.

The only other introductory remark necessary is that, inter alia, considerations of space prevent any lengthy discussion of non-economic factors which influence economic policy. This does not imply that technological, moral or social problems may be ignored, but that, for this purpose, they are regarded as parameters in the economic equation.

Type
Research Article
Information
Journal of the Staple Inn Actuarial Society , Volume 14 , Issue 3 , July 1957 , pp. 230 - 246
Copyright
Copyright © Institute of Actuaries Students' Society 1957

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References

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